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YK Lim

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2022-12-08

Not more lockdown, open saseme

Alibaba Stock Forecast For 2023: What To Watch For

2022-04-20

content streaming is getting more competitive....

Netflix Shares Fell 25%, Losing Subscribers Amid Growing Competition, Account Sharing

2022-03-31

interesting

Cathie Wood's ARK Invest Trades for 3/30: Buy Coinbase, Sell Tesla

2022-09-09

Shoe term market volatility is part and parcel of what investors have to bear with, esp amid inflation. it is the long term business quality and patience that counts.

2022-04-17

Telsa is trying to establish brand equity...

Is Tesla a Safe Stock to Buy Now?

2022-04-13

rate is going up...

Wall St Reverses Gains, Closes Lower as Aggressive Fed Actions Loom

2022-11-09

unregulated has its dark side too

Bitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns

2022-01-18

oh no

Genting Hong Kong Looks to Liquidation as Funding Dries Up

2022-08-25

China mkt is too large to be ignored. Nevertheless, there is still a truncation risk due to regulation, geopolitical tension and VIE structure.

Alibaba: Buy For The Next Decade

2022-07-30

Great Insight

3 No-Brainer Stocks I'd Buy Right Now Without Hesitation

2022-01-18

cool

Sorry, the original content has been removed

10-31

$ALB.HK 20241128 110.00 CALL$

2022-12-01

that's great

Splunk Q3 EPS $0.83 Beats $0.25 Estimate, Sales $930.00M Beat $846.93M Estimate

2022-11-09

alphabet is a good bet

Alphabet Stock Is a Buy and It's All Thanks to Google Cloud

2022-09-09

hope the result is good

Press Release: Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15

2022-08-09

Great info

又见大手笔增持！年内14股被增持超10亿通威股份、中国平安居前

2022-07-08

cool

智通港股52周新高、新低统计|6月30日

2022-07-08

too bad. look like somebody see that the coy is undervalued.

A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility

2022-07-07

Good insight abt metaverse

腾讯与复旦大学元宇宙重磅报告

2022-06-14

like that they picked Adobe.

Chuck Akre’s ‘Three-Legged Stool’ Approach and His Top 10 Stock Picks

Go to Tiger App to see more news

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CALL$","images":[{"img":"https://community-static.tradeup.com/news/66b55fa6957e57bc4e3aa1c2c6c8e27c","width":"840","height":"1419"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366017140355144","isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9920683603,"gmtCreate":1670477776403,"gmtModify":1676538377066,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Not more lockdown, open saseme","listText":"Not more lockdown, open saseme","text":"Not more lockdown, open saseme","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9920683603","repostId":"2289468660","repostType":4,"repost":{"id":"2289468660","kind":"highlight","pubTimestamp":1670470008,"share":"https://ttm.financial/m/news/2289468660?lang=&edition=fundamental","pubTime":"2022-12-08 11:26","market":"us","language":"en","title":"Alibaba Stock Forecast For 2023: What To Watch For","url":"https://stock-news.laohu8.com/highlight/detail?id=2289468660","media":"Seeking Alpha","summary":"SummaryAlibaba has gone up by more than 30% since my last buy rating on it, and this article looks f","content":"<html><head></head><body><h2>Summary</h2><ul><li>Alibaba has gone up by more than 30% since my last buy rating on it, and this article looks forward to see what we should watch out for in 2023.</li><li>For China eCommerce, I expect it to show strong growth in 2023 on the back of a low base and removal of covid restrictions as Alibaba emerges as a re-opening play.</li><li>For cloud, I expect the demand from the Internet sector to recover while non-Internet sector continues its momentum.</li><li>I think cost optimization efforts will continue to show results in 2023 and drive solid EPS gains in 2023.</li><li>My target price for Alibaba is $143, implying 57% upside from current levels.</li></ul><p>Since my last buy rating on Alibaba (NYSE:BABA), the stock has risen 30% and this article aims to look deeper into the company to determine what the outlook for the company is for 2023 and what we should look out for in the next year for Alibaba.</p><h2>Investment thesis</h2><p>As mentioned earlier, I have written earlier articles about Alibaba, which can be found here. In my view, the setup is looking great for Alibaba in 2023 as I think that this is likely the best risk/reward opportunity available.</p><p>First, the company looks set to be a key beneficiary of the opening up of China&#39;s economy as the country looks to remove covid restrictions. This, along with the low base of the China eCommerce business in 2022, will lead to strong growth in the core China eCommerce segment in 2023.</p><p>Second, the cost optimization efforts are going well, and the effects are visible from the bottom-line beats that the company has achieved in recent quarters. Most of its newer and faster-growing initiatives are seeing narrower losses and I think this will continue in 2023 as the cost-saving initiatives will likely bear fruit in the quarters to come.</p><p>Third, cloud will also see improving business fundamentals, as non-Internet sectors maintain their momentum and the Internet sector demand recovers in 2023.</p><h2>China eCommerce to post strong recovery in 2023 on low base</h2><p>The segment has been rather lackluster in recent quarters. This September 2022 quarter was no exception as China&#39;s covid policies continue to bite.</p><p>Alibaba&#39;s 11.11 comments were not as positive as in prior years and this was a result of several negative influences in the 2022 version of 11.11. The bottom line is that China&#39;s strict restrictions may have negatively affected consumption levels in China during this year&#39;s 11.11. As a result, the GMV for this year&#39;s 11.11 was flat compared to the prior year. This flatter growth does imply that the near-term December 2022 quarter may be challenging for Alibaba and thus, the segment will likely pose more of a downside risk. The downside risk, if I were to quantify it, is roughly around 5% in GMV terms as this is the approximate gap between the 2022 11.11 performance and the typical December quarter GMV growth.</p><p>For the next year in 2023, I think that Alibaba is actually a key beneficiary of the re-opening of the Chinese covid restrictions. This could be done by March 2022, and I expect that we will see Alibaba&#39;s China eCommerce business to grow by more than 10% in 2023. This is contributed by the high exposure that Alibaba has to discretionary spending, as well as the low base from 2022.</p><h2>Big profit driver from cost optimization in 2023</h2><p>One of the biggest positives for Alibaba in 2022 was the success from its cost optimization efforts. The market can see visible signs that the cost optimization efforts are taking effect and it is rewarding Alibaba for the good execution from the cost optimization efforts.</p><p>As a result of cost optimization measures, the company has seen bottom-line beats in recent quarters, which is testament to the management&#39;s efforts to drive costs down as the business slows.</p><p>I continue to expect that the cost savings will continue to flow through in the coming quarters as we have seen the peak adjusted EBITA loss for the new initiatives that Alibaba is undertaking in the December quarter from last year. For the September 2022 quarter, I think that we continue to see improvement in cost savings in the new initiatives segments as the combined losses amounted to about Rmb6 billion in the recent quarter, compared to Rmb19 billion in the same quarter in the prior year.</p><p>For Alibaba&#39;s China commerce segment, its segment margin improved by 1 percentage point compared to the prior quarter to 32% in the September 2022 quarter. This was a result of reduced losses for Taobao Deals and Taocaicai. In addition, international commerce also saw reduced losses as a result of losses being reduced at Lazada and Trendyol as the EBITA loss narrowed from Rmb2,481 million in the prior year to Rmb960 million in the September quarter of 2022. Local services also narrowed losses further in the September 2022 quarter to Rmb3,044 million, down from Rmb4,770 million in the prior year. This was driven by improving unit economics in Ele.me as delivery cost per order was reduced and average order value increased.</p><p>I continue to expect that losses will narrow through the December quarter of 2022 and into 2023 as management continues to be effective in driving margin improvement and cost savings across the business. I expect that the cost savings will continue into 2023 and this will drive an adjusted EPS growth of +41% in the next year as the business revenues and profits start to recover.</p><h2>Recovery in growth for the cloud segment in 2023</h2><p>For Alibaba&#39;s cloud segment, the outlook for 2023 looks more encouraging than what has happened for 2022. First, Alibaba recently disclosed for the first time ever, its revenue mix between Internet and non-Internet industries. In the September 2022 quarter results, the non-Internet segment grew by 28% year on year and now represents 58% of the total cloud segment. The strong growth in the non-Internet segment is a key driver for continued growth for the overall cloud segment as diversification in sectors within the cloud segment has paid off. This strong growth was contributed by the financial services, telecommunication and public services industries respectively.</p><p>That said, the Internet client portion of the cloud segment is still struggling as the revenues for the Internet sector were down 18% year on year. This, again, is due to a loss of one of Alibaba&#39;s key Internet customers, as well as its online education customers, and due to the relatively weaker demand from the Internet sector in general.</p><p>For 2023, where will we see Alibaba&#39;s cloud segment head towards? I think the answer is increasingly tilted towards a stronger growth profile for the cloud segment. In the near term, we may see that there are still existing headwinds from the company&#39;s Internet sector exposure, but I think that this will improve through 2023. First, I expect that the non-Internet industries will continue to progress and grow robustly as the country comes out from covid lockdowns and removes strict restrictions. Second, I think that we will see that the demand from the Internet sector will also recover as sentiment in the sector improves over the course of the year. Taken together, my expectation is for the overall cloud revenue growth to reach the teens level by next year, as the second half will prove to be a strong quarter for the cloud segment with the continued increasing demand.</p><h2>Creating value for BABA shareholders in 2023</h2><p>Alibaba has been an active repurchaser of its shares as it initially has a share repurchase program that was authorized in 2019 for $6 billion to be used over 2 years.</p><p>This program has been extended and increased a few times, and the recent announcement in November 2022 was that Alibaba will be increasing its share repurchase program by another $15 billion, to $40 billion. Furthermore, the program was also extended all the way to the end of March 2025.</p><p>Alibaba noted that as of 16 November 2022, it has repurchased $18 billion in shares, which means that it has $22 billion remaining for the enlarged share repurchase program that it currently has. For reference, Alibaba&#39;s buyback in the September 2022 quarter represented 39% of its free cash flows. I think that there will be a large percentage of capital that will be committed to share repurchases in the next year as Alibaba continues to execute on its share repurchase program until the end of 2025. At the end of the day, shareholders should benefit from these repurchases as Alibaba executes on the repurchase program.</p><h2>Valuation</h2><p>I use a sum of the parts valuation model to derive my target price for Alibaba. This involves determining a value for each part of Alibaba&#39;s business.</p><ol><li>First, for the China eCommerce segment, I think that we will likely see a strong growth return to the segment on the back of a low base and relaxing of covid restrictions in China. This upside has been taken into account for my forecast for 2023. At the same time, there is a risk that the company may face a slowdown as a result of the weakening macroeconomic environment in China. As such, I incorporate conservatism into my financial forecasts to take this into account as well.</li><li>Second, for Local Services, Cainiao and other investments and associates held by the company, I value these by their latest transaction values and market capitalizations of the respective companies.</li><li>Lastly, for Youku, International Commerce and Cloud, I use a DCF methodology to derive the value of these segments. I take into account the long-term growth opportunities for the International Commerce segment and the robust growth opportunities for the Cloud segment.</li></ol><p>Taking all these together, I also applied a 30% holding discount. Based on that, my target price for Alibaba is $143, implying around 57% upside from current levels.</p><p><img src=\"https://static.tigerbbs.com/f3fc99056e77de2975d13834d94ecceb\" tg-width=\"428\" tg-height=\"241\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba SOTP valuation (Author generated)</p><h2>Risks</h2><h3>Competitive pressures</h3><p>The e-commerce and cloud computing space in China is highly competitive and while Alibaba has a strong competitive position, it risks losing this position if competitors are able to innovate and outcompete the company. In the China e-commerce space, there are established players with specific advantages like JD.com (JD) and Pinduoduo (PDD) that compete with Alibaba for e-commerce market share. In the cloud space, there are large players that continue to vie for market share in China. Lastly, in the international e-commerce segment, Amazon (AMZN) and Sea Limited&#39;s (SE) Shopee are the main contenders for Alibaba&#39;s e-commerce segment in the international region.</p><h3>Cloud risks</h3><p>Alibaba looks to be gaining business in non-Internet sectors while the demand for Internet sectors remains weak. There is a risk that other players in China may attempt to take share from Alibaba. This includes established cloud players like Huawei, Tencent (OTCPK:TCEHY), and China Telecom. This could slow growth for Alibaba&#39;s cloud segment in the near term as the competitive landscape sours.</p><h2>Conclusion</h2><p>2023 will be a great year for Alibaba, in my view. As mentioned earlier in the article, the fundamentals are improving for a business that has seen very negative sentiment for some time now. The improving China eCommerce outlook from the low base in 2022 and the reopening of the Chinese economy, as well as the improving business momentum for the cloud business, will drive top-line growth to re-accelerate. The cost optimization efforts happening in 2022 will continue to show results in 2023 as the losses narrow for many of Alibaba&#39;s businesses. Lastly, Alibaba remains committed to add value to shareholders and the share repurchase program will continue. I think that the risk/reward perspective for Alibaba looks positive and my target price for Alibaba is $143, implying 57% upside from current levels.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Forecast For 2023: What To Watch For</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Forecast For 2023: What To Watch For\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562972-alibaba-stock-forecast-2023><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba has gone up by more than 30% since my last buy rating on it, and this article looks forward to see what we should watch out for in 2023.For China eCommerce, I expect it to show strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562972-alibaba-stock-forecast-2023\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4562972-alibaba-stock-forecast-2023","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2289468660","content_text":"SummaryAlibaba has gone up by more than 30% since my last buy rating on it, and this article looks forward to see what we should watch out for in 2023.For China eCommerce, I expect it to show strong growth in 2023 on the back of a low base and removal of covid restrictions as Alibaba emerges as a re-opening play.For cloud, I expect the demand from the Internet sector to recover while non-Internet sector continues its momentum.I think cost optimization efforts will continue to show results in 2023 and drive solid EPS gains in 2023.My target price for Alibaba is $143, implying 57% upside from current levels.Since my last buy rating on Alibaba (NYSE:BABA), the stock has risen 30% and this article aims to look deeper into the company to determine what the outlook for the company is for 2023 and what we should look out for in the next year for Alibaba.Investment thesisAs mentioned earlier, I have written earlier articles about Alibaba, which can be found here. In my view, the setup is looking great for Alibaba in 2023 as I think that this is likely the best risk/reward opportunity available.First, the company looks set to be a key beneficiary of the opening up of China's economy as the country looks to remove covid restrictions. This, along with the low base of the China eCommerce business in 2022, will lead to strong growth in the core China eCommerce segment in 2023.Second, the cost optimization efforts are going well, and the effects are visible from the bottom-line beats that the company has achieved in recent quarters. Most of its newer and faster-growing initiatives are seeing narrower losses and I think this will continue in 2023 as the cost-saving initiatives will likely bear fruit in the quarters to come.Third, cloud will also see improving business fundamentals, as non-Internet sectors maintain their momentum and the Internet sector demand recovers in 2023.China eCommerce to post strong recovery in 2023 on low baseThe segment has been rather lackluster in recent quarters. This September 2022 quarter was no exception as China's covid policies continue to bite.Alibaba's 11.11 comments were not as positive as in prior years and this was a result of several negative influences in the 2022 version of 11.11. The bottom line is that China's strict restrictions may have negatively affected consumption levels in China during this year's 11.11. As a result, the GMV for this year's 11.11 was flat compared to the prior year. This flatter growth does imply that the near-term December 2022 quarter may be challenging for Alibaba and thus, the segment will likely pose more of a downside risk. The downside risk, if I were to quantify it, is roughly around 5% in GMV terms as this is the approximate gap between the 2022 11.11 performance and the typical December quarter GMV growth.For the next year in 2023, I think that Alibaba is actually a key beneficiary of the re-opening of the Chinese covid restrictions. This could be done by March 2022, and I expect that we will see Alibaba's China eCommerce business to grow by more than 10% in 2023. This is contributed by the high exposure that Alibaba has to discretionary spending, as well as the low base from 2022.Big profit driver from cost optimization in 2023One of the biggest positives for Alibaba in 2022 was the success from its cost optimization efforts. The market can see visible signs that the cost optimization efforts are taking effect and it is rewarding Alibaba for the good execution from the cost optimization efforts.As a result of cost optimization measures, the company has seen bottom-line beats in recent quarters, which is testament to the management's efforts to drive costs down as the business slows.I continue to expect that the cost savings will continue to flow through in the coming quarters as we have seen the peak adjusted EBITA loss for the new initiatives that Alibaba is undertaking in the December quarter from last year. For the September 2022 quarter, I think that we continue to see improvement in cost savings in the new initiatives segments as the combined losses amounted to about Rmb6 billion in the recent quarter, compared to Rmb19 billion in the same quarter in the prior year.For Alibaba's China commerce segment, its segment margin improved by 1 percentage point compared to the prior quarter to 32% in the September 2022 quarter. This was a result of reduced losses for Taobao Deals and Taocaicai. In addition, international commerce also saw reduced losses as a result of losses being reduced at Lazada and Trendyol as the EBITA loss narrowed from Rmb2,481 million in the prior year to Rmb960 million in the September quarter of 2022. Local services also narrowed losses further in the September 2022 quarter to Rmb3,044 million, down from Rmb4,770 million in the prior year. This was driven by improving unit economics in Ele.me as delivery cost per order was reduced and average order value increased.I continue to expect that losses will narrow through the December quarter of 2022 and into 2023 as management continues to be effective in driving margin improvement and cost savings across the business. I expect that the cost savings will continue into 2023 and this will drive an adjusted EPS growth of +41% in the next year as the business revenues and profits start to recover.Recovery in growth for the cloud segment in 2023For Alibaba's cloud segment, the outlook for 2023 looks more encouraging than what has happened for 2022. First, Alibaba recently disclosed for the first time ever, its revenue mix between Internet and non-Internet industries. In the September 2022 quarter results, the non-Internet segment grew by 28% year on year and now represents 58% of the total cloud segment. The strong growth in the non-Internet segment is a key driver for continued growth for the overall cloud segment as diversification in sectors within the cloud segment has paid off. This strong growth was contributed by the financial services, telecommunication and public services industries respectively.That said, the Internet client portion of the cloud segment is still struggling as the revenues for the Internet sector were down 18% year on year. This, again, is due to a loss of one of Alibaba's key Internet customers, as well as its online education customers, and due to the relatively weaker demand from the Internet sector in general.For 2023, where will we see Alibaba's cloud segment head towards? I think the answer is increasingly tilted towards a stronger growth profile for the cloud segment. In the near term, we may see that there are still existing headwinds from the company's Internet sector exposure, but I think that this will improve through 2023. First, I expect that the non-Internet industries will continue to progress and grow robustly as the country comes out from covid lockdowns and removes strict restrictions. Second, I think that we will see that the demand from the Internet sector will also recover as sentiment in the sector improves over the course of the year. Taken together, my expectation is for the overall cloud revenue growth to reach the teens level by next year, as the second half will prove to be a strong quarter for the cloud segment with the continued increasing demand.Creating value for BABA shareholders in 2023Alibaba has been an active repurchaser of its shares as it initially has a share repurchase program that was authorized in 2019 for $6 billion to be used over 2 years.This program has been extended and increased a few times, and the recent announcement in November 2022 was that Alibaba will be increasing its share repurchase program by another $15 billion, to $40 billion. Furthermore, the program was also extended all the way to the end of March 2025.Alibaba noted that as of 16 November 2022, it has repurchased $18 billion in shares, which means that it has $22 billion remaining for the enlarged share repurchase program that it currently has. For reference, Alibaba's buyback in the September 2022 quarter represented 39% of its free cash flows. I think that there will be a large percentage of capital that will be committed to share repurchases in the next year as Alibaba continues to execute on its share repurchase program until the end of 2025. At the end of the day, shareholders should benefit from these repurchases as Alibaba executes on the repurchase program.ValuationI use a sum of the parts valuation model to derive my target price for Alibaba. This involves determining a value for each part of Alibaba's business.First, for the China eCommerce segment, I think that we will likely see a strong growth return to the segment on the back of a low base and relaxing of covid restrictions in China. This upside has been taken into account for my forecast for 2023. At the same time, there is a risk that the company may face a slowdown as a result of the weakening macroeconomic environment in China. As such, I incorporate conservatism into my financial forecasts to take this into account as well.Second, for Local Services, Cainiao and other investments and associates held by the company, I value these by their latest transaction values and market capitalizations of the respective companies.Lastly, for Youku, International Commerce and Cloud, I use a DCF methodology to derive the value of these segments. I take into account the long-term growth opportunities for the International Commerce segment and the robust growth opportunities for the Cloud segment.Taking all these together, I also applied a 30% holding discount. Based on that, my target price for Alibaba is $143, implying around 57% upside from current levels.Alibaba SOTP valuation (Author generated)RisksCompetitive pressuresThe e-commerce and cloud computing space in China is highly competitive and while Alibaba has a strong competitive position, it risks losing this position if competitors are able to innovate and outcompete the company. In the China e-commerce space, there are established players with specific advantages like JD.com (JD) and Pinduoduo (PDD) that compete with Alibaba for e-commerce market share. In the cloud space, there are large players that continue to vie for market share in China. Lastly, in the international e-commerce segment, Amazon (AMZN) and Sea Limited's (SE) Shopee are the main contenders for Alibaba's e-commerce segment in the international region.Cloud risksAlibaba looks to be gaining business in non-Internet sectors while the demand for Internet sectors remains weak. There is a risk that other players in China may attempt to take share from Alibaba. This includes established cloud players like Huawei, Tencent (OTCPK:TCEHY), and China Telecom. This could slow growth for Alibaba's cloud segment in the near term as the competitive landscape sours.Conclusion2023 will be a great year for Alibaba, in my view. As mentioned earlier in the article, the fundamentals are improving for a business that has seen very negative sentiment for some time now. The improving China eCommerce outlook from the low base in 2022 and the reopening of the Chinese economy, as well as the improving business momentum for the cloud business, will drive top-line growth to re-accelerate. The cost optimization efforts happening in 2022 will continue to show results in 2023 as the losses narrow for many of Alibaba's businesses. Lastly, Alibaba remains committed to add value to shareholders and the share repurchase program will continue. I think that the risk/reward perspective for Alibaba looks positive and my target price for Alibaba is $143, implying 57% upside from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962782876,"gmtCreate":1669849954396,"gmtModify":1676538254661,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"that's great&nbsp;","listText":"that's great&nbsp;","text":"that's great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962782876","repostId":"2288616841","repostType":2,"repost":{"id":"2288616841","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1669846193,"share":"https://ttm.financial/m/news/2288616841?lang=&edition=fundamental","pubTime":"2022-12-01 06:09","market":"us","language":"en","title":"Splunk Q3 EPS $0.83 Beats $0.25 Estimate, Sales $930.00M Beat $846.93M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2288616841","media":"Benzinga","summary":"Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same","content":"<html><body><p>Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same period last year.  The company reported quarterly sales of $930.00 million which beat the analyst consensus estimate of $846.93 million by 9.81 percent.  This is a 39.90 percent increase over sales of $664.75 million the same period last year.</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>Splunk Q3 EPS $0.83 Beats $0.25 Estimate, Sales $930.00M Beat $846.93M Estimate</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\">\nSplunk Q3 EPS $0.83 Beats $0.25 Estimate, Sales $930.00M Beat $846.93M Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-12-01 06:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same period last year.  The company reported quarterly sales of $930.00 million which beat the analyst consensus estimate of $846.93 million by 9.81 percent.  This is a 39.90 percent increase over sales of $664.75 million the same period last year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPLK":"Splunk Inc"},"source_url":"https://www.benzinga.com/news/earnings/22/11/29914021/splunk-q3-eps-0-83-beats-0-25-estimate-sales-930-00m-beat-846-93m-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288616841","content_text":"Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same period last year.  The company reported quarterly sales of $930.00 million which beat the analyst consensus estimate of $846.93 million by 9.81 percent.  This is a 39.90 percent increase over sales of $664.75 million the same period last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987722153,"gmtCreate":1668002154972,"gmtModify":1676537996985,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"unregulated has its dark side too","listText":"unregulated has its dark side too","text":"unregulated has its dark side too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9987722153","repostId":"1116383678","repostType":2,"repost":{"id":"1116383678","kind":"news","pubTimestamp":1668000069,"share":"https://ttm.financial/m/news/1116383678?lang=&edition=fundamental","pubTime":"2022-11-09 21:21","market":"other","language":"en","title":"Bitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1116383678","media":"Yahoo Finance","summary":"Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an ","content":"<html><head></head><body><p>Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an emergency deal struck between two of crypto&#39;s largest exchanges, Binance and FTX.</p><p>Bitcoin hit $17,415 early Wednesday morning, the lowest point since November 2020, according to Coinmarketcap. It&#39;s down 10.8% in the last 24 hours, trading above $17,655.</p><p>The decline comes as the unexpected deal — far from set in stone in a non-binding letter of intent — raised fears among investors and analysts that FTX&#39;s troubles could spread through the crypto universe.</p><p>“FTX’s leader Sam Bankman-Fried was the white knight who has been saving companies throughout most of this crypto winter,&#34; Edward Moya, senior market analyst at Oanda, told Yahoo Finance on Tuesday. &#34;Seeing one of the major players wave the white flag is making a lot of people nervous that more pain could come.&#34;</p><p>Other cryptocurrencies also plunged.</p><p>The second largest cryptocurrency, ether (ETH-USD) sold off by 17% over the past day from $1,448 to $1,164. FTX&#39;s exchange token FTT, fell by as much as 71% on the day from $17 to $3. It is now trading above $4.8.</p><p>The cryptocurrency Solana (SOL), which FTX Founder and CEO Sam Bankman-Fried heavily supported, has sold off 28% in the last 24 hours from $28.19 to $20.</p><p>In the last 24 hours, the total market capitalization for all crypto assets has fallen by more than 10% from $980 billion to $880 billion, according to Coinmarketcap and Yahoo Finance charts.</p><p>The deal marks one of the darker days for crypto during a rough year for markets. It came as the up-and-coming crypto trading venue FTX faced a &#34;significant liquidity crunch,&#34; according to Binance CEO Changpeng Zhao in a tweet Tuesday, temporarily forcing the rival exchange to pause customer withdrawals Tuesday morning.</p><p>“There&#39;s a lot more concern that contagion risks and other liquidity problems are lurking,&#34; Moya said.</p><p>While Binance can still back out of the FTX deal, if the merger of the two of crypto’s largest players goes through, it could worsen business competition for other industry firms at a time when trading volumes have tanked, according to analysts.</p><p>So far in 2022, total crypto trading volumes worldwide across exchanges have fallen by 21% to $86 trillion, according to crypto indexing platform Nomics. In that period, Binance accounted for 21.7% of total global crypto trading volume, while FTX holds a 3.96% share.</p><p>Shares of Coinbase Global (COIN), a competitor of the two firms, closed 11% lower Tuesday from $54.50 to $50.83, even after Coinbase CEO Brian Armstrongsaidover Twitter that the company &#34;doesn&#39;t have any material exposure to FTX or FTT (and no exposure to Alameda),&#34; and less competition would seem positive for the major exchange.</p><p>Still, Mizuho Securities senior analyst Dan Dolev wrote in a note that &#34;the rapid fall from grace of a crypto exchange demonstrates how fickle the crypto industry could be. This is a red flag for COIN, where the vast majority of revenues are from trading crypto tokens.&#34;</p><p>However, Dolev played down the day’s “knee-jerk” reaction, pointing out that unlike Coinbase, Robinhood only earns 12% of its revenue from crypto transactions.</p><p>As for other affected firms, Pranav Kanade, portfolio manager with VanEck Digital Assets, told Yahoo Finance the question remains whether FTX&#39;s liquidity crunch came as the result of bad debt.</p><p>&#34;You can argue a lot of the leverage was taken out of the system in May and June of this year, but a lot of that got resolved by FTX bailing out those companies to some extent,&#34; Kanade said. &#34;If there is bad debt, how much and who are those other entities?&#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>Bitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns</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\">\nBitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 21:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-crypto-ftx-binance-contagion-224955324.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an emergency deal struck between two of crypto's largest exchanges, Binance and FTX.Bitcoin hit $17,415...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-crypto-ftx-binance-contagion-224955324.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/bitcoin-crypto-ftx-binance-contagion-224955324.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116383678","content_text":"Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an emergency deal struck between two of crypto's largest exchanges, Binance and FTX.Bitcoin hit $17,415 early Wednesday morning, the lowest point since November 2020, according to Coinmarketcap. It's down 10.8% in the last 24 hours, trading above $17,655.The decline comes as the unexpected deal — far from set in stone in a non-binding letter of intent — raised fears among investors and analysts that FTX's troubles could spread through the crypto universe.“FTX’s leader Sam Bankman-Fried was the white knight who has been saving companies throughout most of this crypto winter,\" Edward Moya, senior market analyst at Oanda, told Yahoo Finance on Tuesday. \"Seeing one of the major players wave the white flag is making a lot of people nervous that more pain could come.\"Other cryptocurrencies also plunged.The second largest cryptocurrency, ether (ETH-USD) sold off by 17% over the past day from $1,448 to $1,164. FTX's exchange token FTT, fell by as much as 71% on the day from $17 to $3. It is now trading above $4.8.The cryptocurrency Solana (SOL), which FTX Founder and CEO Sam Bankman-Fried heavily supported, has sold off 28% in the last 24 hours from $28.19 to $20.In the last 24 hours, the total market capitalization for all crypto assets has fallen by more than 10% from $980 billion to $880 billion, according to Coinmarketcap and Yahoo Finance charts.The deal marks one of the darker days for crypto during a rough year for markets. It came as the up-and-coming crypto trading venue FTX faced a \"significant liquidity crunch,\" according to Binance CEO Changpeng Zhao in a tweet Tuesday, temporarily forcing the rival exchange to pause customer withdrawals Tuesday morning.“There's a lot more concern that contagion risks and other liquidity problems are lurking,\" Moya said.While Binance can still back out of the FTX deal, if the merger of the two of crypto’s largest players goes through, it could worsen business competition for other industry firms at a time when trading volumes have tanked, according to analysts.So far in 2022, total crypto trading volumes worldwide across exchanges have fallen by 21% to $86 trillion, according to crypto indexing platform Nomics. In that period, Binance accounted for 21.7% of total global crypto trading volume, while FTX holds a 3.96% share.Shares of Coinbase Global (COIN), a competitor of the two firms, closed 11% lower Tuesday from $54.50 to $50.83, even after Coinbase CEO Brian Armstrongsaidover Twitter that the company \"doesn't have any material exposure to FTX or FTT (and no exposure to Alameda),\" and less competition would seem positive for the major exchange.Still, Mizuho Securities senior analyst Dan Dolev wrote in a note that \"the rapid fall from grace of a crypto exchange demonstrates how fickle the crypto industry could be. This is a red flag for COIN, where the vast majority of revenues are from trading crypto tokens.\"However, Dolev played down the day’s “knee-jerk” reaction, pointing out that unlike Coinbase, Robinhood only earns 12% of its revenue from crypto transactions.As for other affected firms, Pranav Kanade, portfolio manager with VanEck Digital Assets, told Yahoo Finance the question remains whether FTX's liquidity crunch came as the result of bad debt.\"You can argue a lot of the leverage was taken out of the system in May and June of this year, but a lot of that got resolved by FTX bailing out those companies to some extent,\" Kanade said. \"If there is bad debt, how much and who are those other entities?\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987764652,"gmtCreate":1668000247277,"gmtModify":1676537996555,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"alphabet is a good bet","listText":"alphabet is a good bet","text":"alphabet is a good bet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987764652","repostId":"2281999742","repostType":2,"repost":{"id":"2281999742","kind":"highlight","pubTimestamp":1667987137,"share":"https://ttm.financial/m/news/2281999742?lang=&edition=fundamental","pubTime":"2022-11-09 17:45","market":"us","language":"en","title":"Alphabet Stock Is a Buy and It's All Thanks to Google Cloud","url":"https://stock-news.laohu8.com/highlight/detail?id=2281999742","media":"Motley Fool","summary":"The tech titan is seeing softness in advertising revenue, but Google Cloud continues to capture impressive growth.","content":"<html><head></head><body><p>Tech giant <b>Alphabet</b> is commonly associated with Google&#39;s digital advertising business. After all, advertising income accounted for $54.5 billion of Alphabet&#39;s $69.1 billion in third-quarter revenue.</p><p>So on Oct. 25, when the company reported disappointing Q3 earnings in its ad business, the result propelled a stock price decline, reaching a 52-week low on Nov. 3.</p><p>The sell-off is an understandable reaction to Alphabet&#39;s modest 2.5% year-over-year Q3 ad revenue growth, combined with YouTube&#39;s first ever year-over-year ad sales decline since the division&#39;s revenue was broken out in 2019. Alphabet&#39;s weak ad revenue results were due to a slowdown in the advertising industry, sparked by this year&#39;s uncertain macroeconomic environment.</p><p>But the company possesses a potent business outside of advertising capable of reducing Alphabet&#39;s dependence on ad revenue. That business is Google Cloud, Alphabet&#39;s foray into the red-hot cloud computing market. Google Cloud alone makes Alphabet a compelling investment for investors with an eye on the long term.</p><h2>Alphabet&#39;s cloud success</h2><p>Alphabet&#39;s decision to participate in the cloud computing industry was a smart move. This industry is seeing strong growth, with a forecasted compound annual growth rate of nearly 20% over the next seven years. Alphabet&#39;s CFO Ruth Porat stated, &#34;Enterprise customers are still early in their move to the cloud,&#34; signaling the potential for years of upside in Alphabet&#39;s cloud business.</p><p>Google Cloud is already successfully capturing its share of this growing market. The business currently ranks third among global cloud computing companies.</p><p>Google Cloud&#39;s year-over-year revenue has been rising by jaw-dropping double digits for several years. Last year&#39;s $19.2 billion in Google Cloud revenue was a 47% increase over 2020. This year, revenue has already hit $19 billion after three quarters, a 39% year-over-year growth rate. Google Cloud&#39;s revenue of $24.5 billion over the trailing 12 months now outstrips rival <b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b>&#39;s $22.2 billion over the same time period.</p><p>Google Cloud&#39;s ability to support massive scale has attracted many enterprise customers. Clients include <b>Toyota</b>, the Australia Securities Exchange, and <b>Etsy</b>. Companies such as <b>Shopify</b> and <b><a href=\"https://laohu8.com/S/PARA\">Paramount Global</a></b> use Google Cloud as the backbone for key services, with the former employing Google Cloud to process millions of customer transactions, and the latter to deliver streaming services for its Paramount+ product.</p><p>Alphabet also launched the Google Public Sector program in June to capture customers in the government sector. The program counts the city of Los Angeles, New York state, and the U.S. Forest Service as clients.</p><h2>Google Cloud&#39;s strengths</h2><p>Google Cloud&#39;s success makes sense. It already delivers planetary-scale IT infrastructure to Alphabet&#39;s own businesses, such as YouTube and Gmail, which boast millions of global users. So enterprise clients see Google Cloud as a reliable alternative to competitors.</p><p>Also, Google Cloud&#39;s parent company serves as a potent funding source to fuel the division&#39;s growth. That&#39;s thanks to Alphabet&#39;s ability to generate strong free cash flow (FCF).</p><p>Alphabet produced $63 billion in free cash flow over the trailing 12 months. This is in spite of currency headwinds from a strong U.S. dollar, since more than half of Alphabet&#39;s 2022 revenue came from outside the U.S.</p><p>Porat stated Alphabet&#39;s intention to &#34;continue to invest meaningfully&#34; in Google Cloud and is focusing spending accordingly. To that end, in September, the company announced it was shutting down its Stadia video games division. That same month, Alphabet spent $5.4 billion to acquire cybersecurity firm <a href=\"https://laohu8.com/S/MNDT\">Mandiant</a>, marking the second-biggest acquisition in company history.</p><p>Mandiant will help Google Cloud proactively monitor computers, mobile devices, and other IT assets to quickly identify threats and vulnerabilities. The move strengthens Google Cloud&#39;s security at a time when protection from hackers is more challenging, given the rise in remote workers from just 23% of Americans before the coronavirus pandemic to nearly 60% today.</p><p>The Mandiant acquisition is only one example of how Google Cloud continues to evolve its offerings. It&#39;s also looking at ways to incorporate blockchain technology, the same tech used to power cryptocurrency, and is already leveraging artificial intelligence.</p><h2>Google Cloud growth</h2><p>Today, Google Cloud&#39;s business is overshadowed by Alphabet&#39;s much larger advertising income, but Google Cloud&#39;s revenue continues to rise vigorously despite deceleration in rivals. This bodes well for Google Cloud becoming the growth engine that helps Alphabet reduce its advertising dependence.</p><p>That growth potential can be seen in Alphabet&#39;s remaining performance obligations, which represents customer commitments for future services that have not been rendered yet, so isn&#39;t recognized as revenue. But it gives a sense for the revenue potential Google Cloud can unlock as these obligations are fulfilled in the coming months. At the end of Q3, Alphabet had $52.4 billion in remaining performance obligations, primarily related to Google Cloud.</p><p>Google Cloud also has the cloud computing industry&#39;s expansion as a tailwind. Industry forecasts predict the cloud computing market will grow from $405.7 billion in 2021 to $1.7 trillion by 2029.</p><p>Given the strength of its platform and how much it underpins Alphabet&#39;s own IT infrastructure, its history of success, and industry expansion in the years ahead, Google Cloud will continue to be a meaningful contributor to Alphabet&#39;s future growth, making Alphabet stock a worthwhile investment.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet Stock Is a Buy and It's All Thanks to Google Cloud</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\">\nAlphabet Stock Is a Buy and It's All Thanks to Google Cloud\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/08/alphabet-stock-is-a-buy-and-its-all-thanks-to-goog/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech giant Alphabet is commonly associated with Google's digital advertising business. After all, advertising income accounted for $54.5 billion of Alphabet's $69.1 billion in third-quarter revenue.So...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/08/alphabet-stock-is-a-buy-and-its-all-thanks-to-goog/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/11/08/alphabet-stock-is-a-buy-and-its-all-thanks-to-goog/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2281999742","content_text":"Tech giant Alphabet is commonly associated with Google's digital advertising business. After all, advertising income accounted for $54.5 billion of Alphabet's $69.1 billion in third-quarter revenue.So on Oct. 25, when the company reported disappointing Q3 earnings in its ad business, the result propelled a stock price decline, reaching a 52-week low on Nov. 3.The sell-off is an understandable reaction to Alphabet's modest 2.5% year-over-year Q3 ad revenue growth, combined with YouTube's first ever year-over-year ad sales decline since the division's revenue was broken out in 2019. Alphabet's weak ad revenue results were due to a slowdown in the advertising industry, sparked by this year's uncertain macroeconomic environment.But the company possesses a potent business outside of advertising capable of reducing Alphabet's dependence on ad revenue. That business is Google Cloud, Alphabet's foray into the red-hot cloud computing market. Google Cloud alone makes Alphabet a compelling investment for investors with an eye on the long term.Alphabet's cloud successAlphabet's decision to participate in the cloud computing industry was a smart move. This industry is seeing strong growth, with a forecasted compound annual growth rate of nearly 20% over the next seven years. Alphabet's CFO Ruth Porat stated, \"Enterprise customers are still early in their move to the cloud,\" signaling the potential for years of upside in Alphabet's cloud business.Google Cloud is already successfully capturing its share of this growing market. The business currently ranks third among global cloud computing companies.Google Cloud's year-over-year revenue has been rising by jaw-dropping double digits for several years. Last year's $19.2 billion in Google Cloud revenue was a 47% increase over 2020. This year, revenue has already hit $19 billion after three quarters, a 39% year-over-year growth rate. Google Cloud's revenue of $24.5 billion over the trailing 12 months now outstrips rival IBM's $22.2 billion over the same time period.Google Cloud's ability to support massive scale has attracted many enterprise customers. Clients include Toyota, the Australia Securities Exchange, and Etsy. Companies such as Shopify and Paramount Global use Google Cloud as the backbone for key services, with the former employing Google Cloud to process millions of customer transactions, and the latter to deliver streaming services for its Paramount+ product.Alphabet also launched the Google Public Sector program in June to capture customers in the government sector. The program counts the city of Los Angeles, New York state, and the U.S. Forest Service as clients.Google Cloud's strengthsGoogle Cloud's success makes sense. It already delivers planetary-scale IT infrastructure to Alphabet's own businesses, such as YouTube and Gmail, which boast millions of global users. So enterprise clients see Google Cloud as a reliable alternative to competitors.Also, Google Cloud's parent company serves as a potent funding source to fuel the division's growth. That's thanks to Alphabet's ability to generate strong free cash flow (FCF).Alphabet produced $63 billion in free cash flow over the trailing 12 months. This is in spite of currency headwinds from a strong U.S. dollar, since more than half of Alphabet's 2022 revenue came from outside the U.S.Porat stated Alphabet's intention to \"continue to invest meaningfully\" in Google Cloud and is focusing spending accordingly. To that end, in September, the company announced it was shutting down its Stadia video games division. That same month, Alphabet spent $5.4 billion to acquire cybersecurity firm Mandiant, marking the second-biggest acquisition in company history.Mandiant will help Google Cloud proactively monitor computers, mobile devices, and other IT assets to quickly identify threats and vulnerabilities. The move strengthens Google Cloud's security at a time when protection from hackers is more challenging, given the rise in remote workers from just 23% of Americans before the coronavirus pandemic to nearly 60% today.The Mandiant acquisition is only one example of how Google Cloud continues to evolve its offerings. It's also looking at ways to incorporate blockchain technology, the same tech used to power cryptocurrency, and is already leveraging artificial intelligence.Google Cloud growthToday, Google Cloud's business is overshadowed by Alphabet's much larger advertising income, but Google Cloud's revenue continues to rise vigorously despite deceleration in rivals. This bodes well for Google Cloud becoming the growth engine that helps Alphabet reduce its advertising dependence.That growth potential can be seen in Alphabet's remaining performance obligations, which represents customer commitments for future services that have not been rendered yet, so isn't recognized as revenue. But it gives a sense for the revenue potential Google Cloud can unlock as these obligations are fulfilled in the coming months. At the end of Q3, Alphabet had $52.4 billion in remaining performance obligations, primarily related to Google Cloud.Google Cloud also has the cloud computing industry's expansion as a tailwind. Industry forecasts predict the cloud computing market will grow from $405.7 billion in 2021 to $1.7 trillion by 2029.Given the strength of its platform and how much it underpins Alphabet's own IT infrastructure, its history of success, and industry expansion in the years ahead, Google Cloud will continue to be a meaningful contributor to Alphabet's future growth, making Alphabet stock a worthwhile investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936029344,"gmtCreate":1662684712188,"gmtModify":1676537117067,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Shoe term market volatility is part and parcel of what investors have to bear with, esp amid inflation. it is the long term business quality and patience that counts.&nbsp;","listText":"Shoe term market volatility is part and parcel of what investors have to bear with, esp amid inflation. it is the long term business quality and patience that counts.&nbsp;","text":"Shoe term market volatility is part and parcel of what investors have to bear with, esp amid inflation. it is the long term business quality and patience that counts.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936029344","isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936068480,"gmtCreate":1662684355541,"gmtModify":1676537116869,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"hope the result is good","listText":"hope the result is good","text":"hope the result is good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936068480","repostId":"2265002282","repostType":2,"repost":{"id":"2265002282","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":1662572340,"share":"https://ttm.financial/m/news/2265002282?lang=&edition=fundamental","pubTime":"2022-09-08 01:39","market":"hk","language":"en","title":"Press Release: Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15","url":"https://stock-news.laohu8.com/highlight/detail?id=2265002282","media":"Dow Jones","summary":"Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15 \n\n\nSAN JOSE, Calif.--(BUS","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n<a href=\"https://laohu8.com/S/ADBE\">Adobe</a> to Announce Q3 FY22 Earnings Results &amp; Host Conference Call Sept. 15 \n</p>\n<pre>\nSAN JOSE, Calif.--(BUSINESS WIRE)--September 07, 2022-- \n</pre>\n<p>\n  Today, Adobe (Nasdaq:ADBE) announced it will release its third quarter fiscal year 2022 results after the market closes on Thu., Sept. 15, 2022, followed by a conference call with investors at 2 p.m. Pacific Time. \n</p>\n<p>\n  The conference call will be streamed on Adobe.com. A recording of the call and related materials will be available on the Adobe Investor Relations site. \n</p>\n<p>\n  Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding Adobe is routinely posted on and accessible at www.adobe.com or www.adobe.com/ADBE. \n</p>\n<p>\n  About Adobe \n</p>\n<p>\n  Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. \n</p>\n<p>\n  (c) 2022 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners. \n</p>\n<p>\n  View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005522/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor relations contact \n</pre>\n<p>\n  Jonathan Vaas \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  ir@adobe.com \n</p>\n<p>\n  Public relations contact \n</p>\n<p>\n  Ashley Levine \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  aslevine@adobe.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 07, 2022 13:39 ET (17:39 GMT)\n</p>\n</font>","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>Press Release: Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15</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\">\nPress Release: Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15\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\">2022-09-08 01:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n<a href=\"https://laohu8.com/S/ADBE\">Adobe</a> to Announce Q3 FY22 Earnings Results &amp; Host Conference Call Sept. 15 \n</p>\n<pre>\nSAN JOSE, Calif.--(BUSINESS WIRE)--September 07, 2022-- \n</pre>\n<p>\n  Today, Adobe (Nasdaq:ADBE) announced it will release its third quarter fiscal year 2022 results after the market closes on Thu., Sept. 15, 2022, followed by a conference call with investors at 2 p.m. Pacific Time. \n</p>\n<p>\n  The conference call will be streamed on Adobe.com. A recording of the call and related materials will be available on the Adobe Investor Relations site. \n</p>\n<p>\n  Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding Adobe is routinely posted on and accessible at www.adobe.com or www.adobe.com/ADBE. \n</p>\n<p>\n  About Adobe \n</p>\n<p>\n  Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. \n</p>\n<p>\n  (c) 2022 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners. \n</p>\n<p>\n  View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005522/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor relations contact \n</pre>\n<p>\n  Jonathan Vaas \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  ir@adobe.com \n</p>\n<p>\n  Public relations contact \n</p>\n<p>\n  Ashley Levine \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  aslevine@adobe.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 07, 2022 13:39 ET (17:39 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HST":"美国豪斯特酒店","ADBE":"Adobe"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265002282","content_text":"Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15 \n\n\nSAN JOSE, Calif.--(BUSINESS WIRE)--September 07, 2022-- \n\n\n  Today, Adobe (Nasdaq:ADBE) announced it will release its third quarter fiscal year 2022 results after the market closes on Thu., Sept. 15, 2022, followed by a conference call with investors at 2 p.m. Pacific Time. \n\n\n  The conference call will be streamed on Adobe.com. A recording of the call and related materials will be available on the Adobe Investor Relations site. \n\n\n  Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding Adobe is routinely posted on and accessible at www.adobe.com or www.adobe.com/ADBE. \n\n\n  About Adobe \n\n\n  Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. \n\n\n  (c) 2022 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners. \n\n\n  View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005522/en/ \n\n\n \n    CONTACT:    Investor relations contact \n\n\n  Jonathan Vaas \n\n\n  Adobe \n\n\n  ir@adobe.com \n\n\n  Public relations contact \n\n\n  Ashley Levine \n\n\n  Adobe \n\n\n  aslevine@adobe.com \n\n\n \n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  September 07, 2022 13:39 ET (17:39 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995926594,"gmtCreate":1661396285520,"gmtModify":1676536511603,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"China mkt is too large to be ignored.&nbsp; Nevertheless,&nbsp; there is still a truncation risk due to regulation,&nbsp; geopolitical tension and VIE structure.&nbsp;","listText":"China mkt is too large to be ignored.&nbsp; Nevertheless,&nbsp; there is still a truncation risk due to regulation,&nbsp; geopolitical tension and VIE structure.&nbsp;","text":"China mkt is too large to be ignored. Nevertheless, there is still a truncation risk due to regulation, geopolitical tension and VIE structure.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995926594","repostId":"2261659155","repostType":2,"repost":{"id":"2261659155","kind":"news","pubTimestamp":1661352338,"share":"https://ttm.financial/m/news/2261659155?lang=&edition=fundamental","pubTime":"2022-08-24 22:45","market":"hk","language":"en","title":"Alibaba: Buy For The Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2261659155","media":"Seeking Alpha","summary":"SummaryAlibaba is considerably undervalued, even with the risks involved.The value is there, and it'","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba is considerably undervalued, even with the risks involved.</li><li>The value is there, and it&#39;s remarkable. Alibaba achieved a GMV of $1.2 trillion in fiscal 2021, doubling Amazon.</li><li>Yet, Alibaba gets no respect, commanding a market cap of 1/6 of the American retail giants&#39;.</li><li>The delisting concerns appear exaggerated, and Alibaba&#39;s earnings forecasts could be at rock a bottom here.</li><li>As uncertainties fade, Alibaba should return to growth and improved profitability, driving its share price significantly higher in the coming years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/349a5bf19a4fd08047fdb45cb2ec1bb8\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Robert Way</span></p><p>Finding dominant market-leading companies that offer substantial value and significant growth potential at reasonable valuations has not been easy lately. However, when considering a company to own for the next five to ten years, one name stands out above the rest, Alibaba (NYSE:BABA). I know Alibaba is a Chinese company. Currently, Chinese stocks are out of favor and are perceived as higher-risk investments. However, I cannot ignore how cheap Alibaba has become. While there is increased risk, there is also substantial reward potential. Investing would be easy if we knew where Alibaba&#39;s stock would be in five to ten years. However, Investing is complex, and the truth is that Alibaba could be at $500, or its stock may not be listed on U.S. stock exchanges several years from now. Nevertheless, delisting fears appear exaggerated, and Alibaba has become remarkably cheap considering its potential. Therefore, the company&#39;s stock could go much higher as it returns to growth, illustrating that it offers significant value to investors and uncertainties fade.</p><p><b>The Value Is There, And It&#39;s Remarkable</b></p><p>Alibaba&#39;s ecosystem brought in a staggering $1.2 trillion gross merchandise value (&#34;GMV&#34;) in fiscal 2021. Additionally, the company reported more than a billion annual active consumers (&#34;AACs&#34;) in fiscal 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/095b01d0839eb4c02594d7ed45fb67d7\" tg-width=\"640\" tg-height=\"364\" referrerpolicy=\"no-referrer\"/><span>Alibaba GMV (alibabagroup.com )</span></p><p>In comparison, Amazon (AMZN) reported a GMV of $600 billion in 2021. This metric illustrates that the value of goods sold in 2021 (fiscal 2021 for Alibaba) was roughly double on Alibaba&#39;s platforms vs. Amazon&#39;s.</p><p><b>Alibaba GMV - Billions of Yuan (fiscal)</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39d08924723ff429f7e170dd467dbd8e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>BABA GMV (Statista.com)</span></p><p>We see the significant GMV growth continuing through fiscal 2022, implying that the company can continue expanding GMV and revenues as it advances. Moreover, as Alibaba&#39;s operations and revenues grow, it should become increasingly more profitable in the coming years.</p><p><b>Valuation - Alibaba Vs. Amazon</b></p><p>We discussed that Alibaba&#39;s GMV essentially doubled Amazon&#39;s in 2021. Despite this sales dynamic, Alibaba is valued at about $237 billion, while Amazon&#39;s market cap is around $1.4 trillion. Therefore, we see a massive disconnect in valuations here, as Alibaba&#39;s GMV was double Amazon&#39;s, but Amazon&#39;s market cap is nearly six times higher than Alibaba&#39;s. Going by this GMV to market cap valuation, we see that Amazon is valued at around 12 x Alibaba now. Looking at other valuation metrics, we see that Alibaba is dramatically undervalued.</p><p><b>EPS Estimates</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c37d53f755829928c520644537c749b\" tg-width=\"640\" tg-height=\"271\" referrerpolicy=\"no-referrer\"/><span>EPS Estimates (SeekingAlpha.com )</span></p><p>We see that Alibaba is in a transitory phase of EPS decline. This year&#39;s EPS should come in at about $7.30, roughly a 7% YoY decline. We must consider that temporary earnings declines are typically the best periods to pick up company shares on the cheap, at a deep discount. Alibaba&#39;s share price is down by 72% from its all-time highs. As of writing this article, Alibaba is at about $90, putting its P/E ratio at just 12.3 times this year&#39;s consensus EPS estimates. However, we should see growth, and the company&#39;s substantial EPS potential makes this stock very cheap.</p><p>Also, we must consider that during an earnings decline phase, EPS estimates typically get brought down considerably, often by too much, overshooting on the downside. Therefore, there is a high probability that Alibaba can surpass current depressed EPS estimates and could report towards the higher end of the estimated fingers in future years. While consensus estimates are for about $10 for fiscal 2025, I believe Alibaba could report EPS closer to $12. Considering Alibaba&#39;s current stock price, the company may be trading at just 7.5 times forward (fiscal 2025) earnings now.</p><p><b>Growth Will Return</b></p><p><b>Revenue Estimates</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e525aa6ca15da9ee35e9ee3cba5f162\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/><span>Revenue estimates (SeekingAlpha.com )</span></p><p>Despite the slowdown to around 5-6% YoY revenue growth this year, sales growth should rebound to double-digits as the company advances. Consensus revenue estimates point to approximately $200 billion in fiscal 2027, but this figure may be lowballing Alibaba&#39;s potential. I suspect Alibaba&#39;s sales could hit about $230 billion in 2027, and the company may register approximately $300 billion in revenues by 2030.</p><p><b>The Downside Is Limited</b></p><p>The downside is probably quite limited now because of the negativity that&#39;s been priced into Alibaba over the last two years. We&#39;ve seen massive fines, government crackdowns, Ant IPO controversy, tensions between Jack Ma and Beijing, hedge fund blowups, a slowdown in China&#39;s economy, geopolitical pressures, and more. Alibaba&#39;s market cap has dwindled from nearly $1 trillion to only $237 billion. The company&#39;s P/E valuation has crashed from around 30 to just 12. Therefore, unless something unexpected and considerable transpires (black Swan event), the downside is probably limited now. And still, one uncertainty lurks in the minds of many market participants. Will Alibaba&#39;s stock get delisted?</p><p><b>The Probability Of Delisting Appears Low</b></p><p>Investing is a risk, in any case. We don&#39;t know if a company will report strong earnings, continue growing, or possibly go bankrupt much of the time. However, a recent phenomenon to grip markets is the fear of investing in Chinese stocks. Many Chinese companies were Wall St. darlings in the early and mid-2000s. Alibaba even posted the largest IPO in history for its time, raising a whopping $25 billion. However, much has changed in several years. Investors are no longer clamoring to get into Alibaba. They are running for the doors. So, what has changed?</p><p><b>Chinese Stocks: Out Of Favor - For Now</b></p><p>We&#39;ve seen a worsening in relations between the U.S. and China, economically, geopolitically, and generally. There have been questions regarding the accounting standards used in China. That is why the SEC recently put Alibaba on its HFCAA list. Being put on the SEC&#39;s HFCAA means that if the Chinese government does not permit American regulators to inspect the company&#39;s books within three years, its stock could be delisted from U.S. exchanges. It&#39;s fair to mention that essentially all Chinese companies are on the SEC&#39;s HFCAA list now. So, will all Chinese companies, including Alibaba, be delisted from U.S. stock exchanges? I believe not.</p><p>The debate over Chinese auditing firms has gone on for a long time. However, if more than <b>$1 trillion</b> worth of Chinese stocks get delisted from U.S. exchanges, Beijing has a lot to lose. </p><p>Additionally, it is not in the U.S.&#39;s interests to boot Chinese companies from its markets, as it would further erode relations. The U.S. and China are tremendous trading partners, with the U.S. importing far more than it exports to China. The U.S. exports roughly $11 billion of goods each month to China while importing $40-50 billion. Last year, the U.S.&#39;s trade deficit with China was more than $350 billion. At the current pace, this year&#39;s trade deficit with China should be about $400 billion. China is one of the U.S.&#39;s biggest trading partners and the U.S. imports more goods from China than from anyone (more than $500 billion in 2021). The U.S. benefits significantly from its trading relationship with China and is likelier to repair relations than ruin them over accounting concerns.</p><p><b>Bottom Line: Where Alibaba Could Be In Several Years</b></p><p>Let&#39;s put aside the delisting fears. Also, we should consider that much of the bad news is behind Alibaba and that brighter days are ahead. Moreover, current earnings and EPS estimates are probably around the bottom. Furthermore, Alibaba should return to growth and could achieve more robust revenue and EPS growth than most estimates are suggesting now. Therefore, we could see Alibaba&#39;s stock move a lot higher.</p><p><b>Here&#39;s where I see shares heading in the long run:</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93f94b0df9cc6e7a739bd7aeef4772c4\" tg-width=\"918\" tg-height=\"416\" referrerpolicy=\"no-referrer\"/><span>Source: The Financial Prophet</span></p><p>Provided the depressed atmosphere surrounding Alibaba, current estimates may be on the low end of the spectrum. Therefore, Alibaba may achieve analysts&#39; higher-end revenue and EPS projections. Also, I am incorporating a gradual increase in Alibaba&#39;s P/E multiple. The company commanded a P/E ratio of 20-30 or higher in previous years. It may return to 20 (or higher) in the coming years as the uncertainty fades and the company returns to growth and increases profitability. Provided Alibaba achieves these estimates, its stock price could reach <b>$500</b> by 2030 or sooner.</p><p><b>Risks For Alibaba</b></p><p>While I&#39;m bullish on Alibaba, various factors could occur that may derail my bullish thesis for the company. For instance, the China could resume its tough stance and clamp down further on Alibaba and other Chinese tech giants. Moreover, despite the optimistic tone from Chinese authorities, U.S. regulators could still decide to delist Alibaba. Increased competition could impact Alibaba&#39;s growth and profits. The company&#39;s growth could be worse than my current anticipation. Also, Alibaba&#39;s profitability could continue to struggle for various reasons. This investment has numerous risks, and shares are very cheap right now. I believe Alibaba remains an elevated risk/high reward investment, and investors should carefully examine the risks before opening a position in Alibaba stock.</p><p><i>This article was written by Victor Dergunov</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Buy For The Next Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Buy For The Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536393-alibaba-buy-for-next-decade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba is considerably undervalued, even with the risks involved.The value is there, and it's remarkable. Alibaba achieved a GMV of $1.2 trillion in fiscal 2021, doubling Amazon.Yet, Alibaba ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536393-alibaba-buy-for-next-decade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4536393-alibaba-buy-for-next-decade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261659155","content_text":"SummaryAlibaba is considerably undervalued, even with the risks involved.The value is there, and it's remarkable. Alibaba achieved a GMV of $1.2 trillion in fiscal 2021, doubling Amazon.Yet, Alibaba gets no respect, commanding a market cap of 1/6 of the American retail giants'.The delisting concerns appear exaggerated, and Alibaba's earnings forecasts could be at rock a bottom here.As uncertainties fade, Alibaba should return to growth and improved profitability, driving its share price significantly higher in the coming years.Robert WayFinding dominant market-leading companies that offer substantial value and significant growth potential at reasonable valuations has not been easy lately. However, when considering a company to own for the next five to ten years, one name stands out above the rest, Alibaba (NYSE:BABA). I know Alibaba is a Chinese company. Currently, Chinese stocks are out of favor and are perceived as higher-risk investments. However, I cannot ignore how cheap Alibaba has become. While there is increased risk, there is also substantial reward potential. Investing would be easy if we knew where Alibaba's stock would be in five to ten years. However, Investing is complex, and the truth is that Alibaba could be at $500, or its stock may not be listed on U.S. stock exchanges several years from now. Nevertheless, delisting fears appear exaggerated, and Alibaba has become remarkably cheap considering its potential. Therefore, the company's stock could go much higher as it returns to growth, illustrating that it offers significant value to investors and uncertainties fade.The Value Is There, And It's RemarkableAlibaba's ecosystem brought in a staggering $1.2 trillion gross merchandise value (\"GMV\") in fiscal 2021. Additionally, the company reported more than a billion annual active consumers (\"AACs\") in fiscal 2021.Alibaba GMV (alibabagroup.com )In comparison, Amazon (AMZN) reported a GMV of $600 billion in 2021. This metric illustrates that the value of goods sold in 2021 (fiscal 2021 for Alibaba) was roughly double on Alibaba's platforms vs. Amazon's.Alibaba GMV - Billions of Yuan (fiscal)BABA GMV (Statista.com)We see the significant GMV growth continuing through fiscal 2022, implying that the company can continue expanding GMV and revenues as it advances. Moreover, as Alibaba's operations and revenues grow, it should become increasingly more profitable in the coming years.Valuation - Alibaba Vs. AmazonWe discussed that Alibaba's GMV essentially doubled Amazon's in 2021. Despite this sales dynamic, Alibaba is valued at about $237 billion, while Amazon's market cap is around $1.4 trillion. Therefore, we see a massive disconnect in valuations here, as Alibaba's GMV was double Amazon's, but Amazon's market cap is nearly six times higher than Alibaba's. Going by this GMV to market cap valuation, we see that Amazon is valued at around 12 x Alibaba now. Looking at other valuation metrics, we see that Alibaba is dramatically undervalued.EPS EstimatesEPS Estimates (SeekingAlpha.com )We see that Alibaba is in a transitory phase of EPS decline. This year's EPS should come in at about $7.30, roughly a 7% YoY decline. We must consider that temporary earnings declines are typically the best periods to pick up company shares on the cheap, at a deep discount. Alibaba's share price is down by 72% from its all-time highs. As of writing this article, Alibaba is at about $90, putting its P/E ratio at just 12.3 times this year's consensus EPS estimates. However, we should see growth, and the company's substantial EPS potential makes this stock very cheap.Also, we must consider that during an earnings decline phase, EPS estimates typically get brought down considerably, often by too much, overshooting on the downside. Therefore, there is a high probability that Alibaba can surpass current depressed EPS estimates and could report towards the higher end of the estimated fingers in future years. While consensus estimates are for about $10 for fiscal 2025, I believe Alibaba could report EPS closer to $12. Considering Alibaba's current stock price, the company may be trading at just 7.5 times forward (fiscal 2025) earnings now.Growth Will ReturnRevenue EstimatesRevenue estimates (SeekingAlpha.com )Despite the slowdown to around 5-6% YoY revenue growth this year, sales growth should rebound to double-digits as the company advances. Consensus revenue estimates point to approximately $200 billion in fiscal 2027, but this figure may be lowballing Alibaba's potential. I suspect Alibaba's sales could hit about $230 billion in 2027, and the company may register approximately $300 billion in revenues by 2030.The Downside Is LimitedThe downside is probably quite limited now because of the negativity that's been priced into Alibaba over the last two years. We've seen massive fines, government crackdowns, Ant IPO controversy, tensions between Jack Ma and Beijing, hedge fund blowups, a slowdown in China's economy, geopolitical pressures, and more. Alibaba's market cap has dwindled from nearly $1 trillion to only $237 billion. The company's P/E valuation has crashed from around 30 to just 12. Therefore, unless something unexpected and considerable transpires (black Swan event), the downside is probably limited now. And still, one uncertainty lurks in the minds of many market participants. Will Alibaba's stock get delisted?The Probability Of Delisting Appears LowInvesting is a risk, in any case. We don't know if a company will report strong earnings, continue growing, or possibly go bankrupt much of the time. However, a recent phenomenon to grip markets is the fear of investing in Chinese stocks. Many Chinese companies were Wall St. darlings in the early and mid-2000s. Alibaba even posted the largest IPO in history for its time, raising a whopping $25 billion. However, much has changed in several years. Investors are no longer clamoring to get into Alibaba. They are running for the doors. So, what has changed?Chinese Stocks: Out Of Favor - For NowWe've seen a worsening in relations between the U.S. and China, economically, geopolitically, and generally. There have been questions regarding the accounting standards used in China. That is why the SEC recently put Alibaba on its HFCAA list. Being put on the SEC's HFCAA means that if the Chinese government does not permit American regulators to inspect the company's books within three years, its stock could be delisted from U.S. exchanges. It's fair to mention that essentially all Chinese companies are on the SEC's HFCAA list now. So, will all Chinese companies, including Alibaba, be delisted from U.S. stock exchanges? I believe not.The debate over Chinese auditing firms has gone on for a long time. However, if more than $1 trillion worth of Chinese stocks get delisted from U.S. exchanges, Beijing has a lot to lose. Additionally, it is not in the U.S.'s interests to boot Chinese companies from its markets, as it would further erode relations. The U.S. and China are tremendous trading partners, with the U.S. importing far more than it exports to China. The U.S. exports roughly $11 billion of goods each month to China while importing $40-50 billion. Last year, the U.S.'s trade deficit with China was more than $350 billion. At the current pace, this year's trade deficit with China should be about $400 billion. China is one of the U.S.'s biggest trading partners and the U.S. imports more goods from China than from anyone (more than $500 billion in 2021). The U.S. benefits significantly from its trading relationship with China and is likelier to repair relations than ruin them over accounting concerns.Bottom Line: Where Alibaba Could Be In Several YearsLet's put aside the delisting fears. Also, we should consider that much of the bad news is behind Alibaba and that brighter days are ahead. Moreover, current earnings and EPS estimates are probably around the bottom. Furthermore, Alibaba should return to growth and could achieve more robust revenue and EPS growth than most estimates are suggesting now. Therefore, we could see Alibaba's stock move a lot higher.Here's where I see shares heading in the long run:Source: The Financial ProphetProvided the depressed atmosphere surrounding Alibaba, current estimates may be on the low end of the spectrum. Therefore, Alibaba may achieve analysts' higher-end revenue and EPS projections. Also, I am incorporating a gradual increase in Alibaba's P/E multiple. The company commanded a P/E ratio of 20-30 or higher in previous years. It may return to 20 (or higher) in the coming years as the uncertainty fades and the company returns to growth and increases profitability. Provided Alibaba achieves these estimates, its stock price could reach $500 by 2030 or sooner.Risks For AlibabaWhile I'm bullish on Alibaba, various factors could occur that may derail my bullish thesis for the company. For instance, the China could resume its tough stance and clamp down further on Alibaba and other Chinese tech giants. Moreover, despite the optimistic tone from Chinese authorities, U.S. regulators could still decide to delist Alibaba. Increased competition could impact Alibaba's growth and profits. The company's growth could be worse than my current anticipation. Also, Alibaba's profitability could continue to struggle for various reasons. This investment has numerous risks, and shares are very cheap right now. I believe Alibaba remains an elevated risk/high reward investment, and investors should carefully examine the risks before opening a position in Alibaba stock.This article was written by Victor Dergunov","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904944677,"gmtCreate":1659997195101,"gmtModify":1703476619192,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Great info&nbsp;","listText":"Great info&nbsp;","text":"Great info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904944677","repostId":"2257461114","repostType":2,"repost":{"id":"2257461114","kind":"news","pubTimestamp":1659943920,"share":"https://ttm.financial/m/news/2257461114?lang=&edition=fundamental","pubTime":"2022-08-08 15:32","market":"hk","language":"zh","title":"又见大手笔增持！年内14股被增持超10亿 通威股份、中国平安居前","url":"https://stock-news.laohu8.com/highlight/detail?id=2257461114","media":"东方财富研究中心","summary":"经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。从该行披露的2022年一季报，江苏交控是其第四大股东。上文提及的南京银行居第三位，年内重要股东净增持37.77亿元。重要股东净减持前20相反，年内有56只个股被净减持超过10亿元，盐湖股份被净减持最多，达92.51亿元。","content":"<html><body><article><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154740847v197r1it1sk9zun\"/><p>上周五盘后，<a href=\"https://laohu8.com/S/601009\">南京银行</a>发布公告称收到持股比例5%以上大股东江苏交通控股有限公司(下称“江苏交控”)相关告知函，江苏交控全资子公司江苏云杉资本管理有限公司(以下简称“云杉资本”)于2022年7月14日至2022年8月4日期间增持该行约1.36亿股股份，占<span>总股本</span>比例1.32%。经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。</p><p>从该行披露的2022年一季报，江苏交控是其第四大股东。今年以来，南京银行已获得<a href=\"https://laohu8.com/S/0HB5.UK\">法国巴黎银行</a>(第一大股东)、紫金集团(第二大股东)、<a href=\"https://laohu8.com/S/600064\">南京高科</a>(第三大股东)等大股东的增持。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154741624v197kdu8vcssif8\"/><p>受此影响，今天早盘南京银行<span>高开高走</span>，一度涨近3%，此后稍有回落，至收盘上涨2.12%，最新市值1090亿元。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154747679v1970pbdv8pono7\"/><p><strong>重要股东净增持前20</strong></p><p><a href=\"https://laohu8.com/S/300059\">东方财富</a>Choice数据显示，全部A股来看，虽说年内行情不是太好，但仍有14只个股在年内被重要股东(董监高及持股5%以上股东)净增持超过10亿元(按公告日统计)。</p><p><a href=\"https://laohu8.com/S/600438\">通威股份</a>为年内重要股东净增持最多个股，金额达63.82亿元。<a href=\"https://laohu8.com/S/601318\">中国平安</a>紧随其后，年内被重要股东净增持50.37亿元。上文提及的南京银行居第三位，年内重要股东净增持37.77亿元。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154751192v197f79tgkid8bh\"/><p><strong>重要股东净减持前20</strong></p><p>相反，年内有56只个股被净减持超过10亿元，<a href=\"https://laohu8.com/S/000792\">盐湖股份</a>被净减持最多，达92.51亿元。万华化学紧随其后，年内重要股东净减持54.37亿元。中金公司居第三位，年内重要股东净减持40.38亿元。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154800906v1971oqd3edo6x0\"/><p>（文章来源：东方财富研究中心）</p></article></body></html>","source":"tencent","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>又见大手笔增持！年内14股被增持超10亿 通威股份、中国平安居前</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; 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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又见大手笔增持！年内14股被增持超10亿 通威股份、中国平安居前\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 15:32 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202208081548028213724c&s=b><strong>东方财富研究中心</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>上周五盘后，南京银行发布公告称收到持股比例5%以上大股东江苏交通控股有限公司(下称“江苏交控”)相关告知函，江苏交控全资子公司江苏云杉资本管理有限公司(以下简称“云杉资本”)于2022年7月14日至2022年8月4日期间增持该行约1.36亿股股份，占总股本比例1.32%。经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。从该行披露的2022年一...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202208081548028213724c&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02318":"中国平安"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202208081548028213724c&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2257461114","content_text":"上周五盘后，南京银行发布公告称收到持股比例5%以上大股东江苏交通控股有限公司(下称“江苏交控”)相关告知函，江苏交控全资子公司江苏云杉资本管理有限公司(以下简称“云杉资本”)于2022年7月14日至2022年8月4日期间增持该行约1.36亿股股份，占总股本比例1.32%。经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。从该行披露的2022年一季报，江苏交控是其第四大股东。今年以来，南京银行已获得法国巴黎银行(第一大股东)、紫金集团(第二大股东)、南京高科(第三大股东)等大股东的增持。受此影响，今天早盘南京银行高开高走，一度涨近3%，此后稍有回落，至收盘上涨2.12%，最新市值1090亿元。重要股东净增持前20东方财富Choice数据显示，全部A股来看，虽说年内行情不是太好，但仍有14只个股在年内被重要股东(董监高及持股5%以上股东)净增持超过10亿元(按公告日统计)。通威股份为年内重要股东净增持最多个股，金额达63.82亿元。中国平安紧随其后，年内被重要股东净增持50.37亿元。上文提及的南京银行居第三位，年内重要股东净增持37.77亿元。重要股东净减持前20相反，年内有56只个股被净减持超过10亿元，盐湖股份被净减持最多，达92.51亿元。万华化学紧随其后，年内重要股东净减持54.37亿元。中金公司居第三位，年内重要股东净减持40.38亿元。（文章来源：东方财富研究中心）","news_type":1},"isVote":1,"tweetType":1,"viewCount":436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901873659,"gmtCreate":1659171690871,"gmtModify":1676536268642,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Great Insight","listText":"Great Insight","text":"Great Insight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901873659","repostId":"2255055705","repostType":2,"repost":{"id":"2255055705","kind":"highlight","pubTimestamp":1659146457,"share":"https://ttm.financial/m/news/2255055705?lang=&edition=fundamental","pubTime":"2022-07-30 10:00","market":"us","language":"en","title":"3 No-Brainer Stocks I'd Buy Right Now Without Hesitation","url":"https://stock-news.laohu8.com/highlight/detail?id=2255055705","media":"Motley Fool","summary":"Buying shares of growing companies during a market downturn should lead to great rewards down the road.","content":"<html><head></head><body><p></p><p>The stock market just completed its worst first half in 50 years -- but as bad as that seems, it&#39;s good news if you have at least 10 years until retirement. Many high-quality companies have stocks being traded at steep discounts compared to what they&#39;re worth.</p><p>If it were my money, I would be looking at companies that are still posting solid growth in revenue. That&#39;s a surefire signal that those companies are continuing to build intrinsic value for investors, even if it&#39;s not immediately reflected by the market.</p><p>Here&#39;s why I think <b>Activision Blizzard</b>, <b>Adobe</b>, and <b>Salesforce</b> are terrific investments.</p><h2>1. Activision Blizzard</h2><p>Activision is one of the largest video game makers in the world, with $8.3 billion in revenue. The company&#39;s games include <i>World of Warcraft</i>, <i>Call of Duty</i>, <i>Overwatch</i>, and the mobile game <i>Candy Crush</i>, among many others. Across all titles, Activision had 372 million monthly active users in the first quarter.</p><p>Activision is arguably one of the best stocks to own across the entire market. The reason is that the shares currently trade at $79.79 -- a steep discount to the $95 per share price <b>Microsoft</b> is paying to buy the whole company in an all-cash deal worth $68 billion.</p><p>Initially, investors were skeptical that the Federal Trade Commission (FTC), which has shown greater efforts to keep a tight leash on big tech, would approve the deal. That explains the discount between Activision&#39;s trading price and the buyout offer, but it&#39;s increasingly likely the FTC will give the green light.</p><p>Recently, an analyst with MoffettNathanson upgraded Activision stock to a buy. Even Warren Buffett&#39;s <b>Berkshire Hathaway</b> has built a $5 billion position in the game maker, a strong vote of confidence that Microsoft&#39;s $68 billion offer won&#39;t be denied.</p><p>The acquisition is expected to be completed during Microsoft&#39;s fiscal 2023, which ends in June. When it closes, Activision shareholders will receive $95 per share, representing a return of 18% over the current share price.</p><p>If anything, Activision stock is a good choice to hedge against a further decline in the markets.</p><h2>2. Adobe</h2><p>Adobe is famous for bringing the PDF file format into the mainstream and is one of the largest software companies in the world. It provides productivity and creative software for students, graphics designers, video editors, and others.</p><p>Adobe has delivered very consistent growth for years. It has doubled revenue over the last five years to $16 billion. Despite the weakening economy in the first quarter, Adobe delivered solid revenue growth of 14% year over year. Management reported strong performance in core products, with growing momentum in new product categories.</p><p>Investors should invest in Adobe because of the long-term societal trends working in its favor. The growth of social media, especially the growing popularity of video platforms like <b>Alphabet</b>&#39;s YouTube, is giving rise to the creator economy. There are an estimated 50 million people in the world that consider themselves content creators, with more than 2 million making content professionally.</p><p>The growth of digital media is a massive opportunity for Adobe and is the key reason why the company continues to post more growth.</p><p>A consistent, high-growth business ultimately deserves a premium valuation, so Adobe stock is not cheap. It trades at a price-to-earnings ratio of 36, but with shares down 30% year-to-date, this is a quality stock worth buying on the dip.</p><h2>3. Salesforce</h2><p>Salesforce is another top software-as-a-service stock worth making a core holding in any investor&#39;s portfolio. In the first quarter, Salesforce posted revenue growth of 24% year over year, which is consistent with its operating history. Over the last year, the company generated $5.7 billion in free cash flow on $28 billion in revenue.</p><p>Salesforce is the No.1 customer relationship management (CRM) provider. Companies use the company&#39;s software to manage sales, marketing, e-commerce, and communication across their workforce. Companies love it because it&#39;s cloud-based and sold as a subscription, so there are no installation requirements or difficulty in getting up and running.</p><p>The stock has delivered multi-bagger returns to shareholders over the last 20 years. It has led the CRM market for nine consecutive years and is still gaining market share, according to the International Data Corp.</p><p>The stock has always looked expensive, but the market dip is handing investors a great opportunity to add this top performer to their nest eggs. The stock has historically traded close to 10 times trailing sales but now trades at a price-to-sales ratio of just 6.2.</p><p>The first-quarter update shows the business still growing and building a lead on the competition. Don&#39;t let the market downturn discourage you from starting a position in this quality growth stock.</p><p></p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 No-Brainer Stocks I'd Buy Right Now Without Hesitation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 No-Brainer Stocks I'd Buy Right Now Without Hesitation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/29/no-brainer-stocks-buy-right-now-without-hesitation/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market just completed its worst first half in 50 years -- but as bad as that seems, it's good news if you have at least 10 years until retirement. Many high-quality companies have stocks ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/29/no-brainer-stocks-buy-right-now-without-hesitation/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe","ATVI":"动视暴雪","CRM":"赛富时"},"source_url":"https://www.fool.com/investing/2022/07/29/no-brainer-stocks-buy-right-now-without-hesitation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255055705","content_text":"The stock market just completed its worst first half in 50 years -- but as bad as that seems, it's good news if you have at least 10 years until retirement. Many high-quality companies have stocks being traded at steep discounts compared to what they're worth.If it were my money, I would be looking at companies that are still posting solid growth in revenue. That's a surefire signal that those companies are continuing to build intrinsic value for investors, even if it's not immediately reflected by the market.Here's why I think Activision Blizzard, Adobe, and Salesforce are terrific investments.1. Activision BlizzardActivision is one of the largest video game makers in the world, with $8.3 billion in revenue. The company's games include World of Warcraft, Call of Duty, Overwatch, and the mobile game Candy Crush, among many others. Across all titles, Activision had 372 million monthly active users in the first quarter.Activision is arguably one of the best stocks to own across the entire market. The reason is that the shares currently trade at $79.79 -- a steep discount to the $95 per share price Microsoft is paying to buy the whole company in an all-cash deal worth $68 billion.Initially, investors were skeptical that the Federal Trade Commission (FTC), which has shown greater efforts to keep a tight leash on big tech, would approve the deal. That explains the discount between Activision's trading price and the buyout offer, but it's increasingly likely the FTC will give the green light.Recently, an analyst with MoffettNathanson upgraded Activision stock to a buy. Even Warren Buffett's Berkshire Hathaway has built a $5 billion position in the game maker, a strong vote of confidence that Microsoft's $68 billion offer won't be denied.The acquisition is expected to be completed during Microsoft's fiscal 2023, which ends in June. When it closes, Activision shareholders will receive $95 per share, representing a return of 18% over the current share price.If anything, Activision stock is a good choice to hedge against a further decline in the markets.2. AdobeAdobe is famous for bringing the PDF file format into the mainstream and is one of the largest software companies in the world. It provides productivity and creative software for students, graphics designers, video editors, and others.Adobe has delivered very consistent growth for years. It has doubled revenue over the last five years to $16 billion. Despite the weakening economy in the first quarter, Adobe delivered solid revenue growth of 14% year over year. Management reported strong performance in core products, with growing momentum in new product categories.Investors should invest in Adobe because of the long-term societal trends working in its favor. The growth of social media, especially the growing popularity of video platforms like Alphabet's YouTube, is giving rise to the creator economy. There are an estimated 50 million people in the world that consider themselves content creators, with more than 2 million making content professionally.The growth of digital media is a massive opportunity for Adobe and is the key reason why the company continues to post more growth.A consistent, high-growth business ultimately deserves a premium valuation, so Adobe stock is not cheap. It trades at a price-to-earnings ratio of 36, but with shares down 30% year-to-date, this is a quality stock worth buying on the dip.3. SalesforceSalesforce is another top software-as-a-service stock worth making a core holding in any investor's portfolio. In the first quarter, Salesforce posted revenue growth of 24% year over year, which is consistent with its operating history. Over the last year, the company generated $5.7 billion in free cash flow on $28 billion in revenue.Salesforce is the No.1 customer relationship management (CRM) provider. Companies use the company's software to manage sales, marketing, e-commerce, and communication across their workforce. Companies love it because it's cloud-based and sold as a subscription, so there are no installation requirements or difficulty in getting up and running.The stock has delivered multi-bagger returns to shareholders over the last 20 years. It has led the CRM market for nine consecutive years and is still gaining market share, according to the International Data Corp.The stock has always looked expensive, but the market dip is handing investors a great opportunity to add this top performer to their nest eggs. The stock has historically traded close to 10 times trailing sales but now trades at a price-to-sales ratio of just 6.2.The first-quarter update shows the business still growing and building a lead on the competition. Don't let the market downturn discourage you from starting a position in this quality growth stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079745994,"gmtCreate":1657244376718,"gmtModify":1676535978144,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079745994","repostId":"2247900732","repostType":2,"repost":{"id":"2247900732","kind":"news","pubTimestamp":1656578401,"share":"https://ttm.financial/m/news/2247900732?lang=&edition=fundamental","pubTime":"2022-06-30 16:40","market":"hk","language":"zh","title":"智通港股52周新高、新低统计|6月30日","url":"https://stock-news.laohu8.com/highlight/detail?id=2247900732","media":"智通财经","summary":"智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中杭品生活科技、上海小南国、世纪睿科创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ、龙资源、宏基资本创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。","content":"<html><body><p>智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中<a href=\"https://laohu8.com/S/01682\">杭品生活科技</a>(01682)、<a href=\"https://laohu8.com/S/03666\">上海小南国</a>(03666)、<a href=\"https://laohu8.com/S/01450\">世纪睿科</a>(01450)创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ(00020)、<a href=\"https://laohu8.com/S/01712\">龙资源</a>(01712)、<a href=\"https://laohu8.com/S/02288\">宏基资本</a>(02288)创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。</p><p>52周新高排行</p> <table cellspacing=\"1\"> <tr> <th width=\"25%\">股票名称</th> <th width=\"25%\">收盘价</th> <th width=\"25%\">最高价</th> <th width=\"25%\">创高率</th> </tr> <tr><td width=\"25%\">杭品生活科技(01682)</td><td width=\"25%\">0.157</td><td width=\"25%\">1.300</td><td width=\"25%\">242.11%</td></tr><tr><td width=\"25%\">上海小南国(03666)</td><td width=\"25%\">0.082</td><td width=\"25%\">0.089</td><td width=\"25%\">11.25%</td></tr><tr><td width=\"25%\">世纪睿科(01450)</td><td width=\"25%\">4.300</td><td width=\"25%\">4.360</td><td width=\"25%\">10.38%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08360\">利骏集团香港</a>(08360)</td><td width=\"25%\">0.930</td><td width=\"25%\">0.940</td><td width=\"25%\">9.30%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/09878\">汇通达网络</a>(09878)</td><td width=\"25%\">60.350</td><td width=\"25%\">63.000</td><td width=\"25%\">7.97%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00367\">庄士机构国际</a>(00367)</td><td width=\"25%\">1.020</td><td width=\"25%\">1.040</td><td width=\"25%\">7.77%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08112\">基石金融</a>(08112)</td><td width=\"25%\">0.710</td><td width=\"25%\">0.720</td><td width=\"25%\">6.82%</td></tr><tr><td width=\"25%\">亿都（国际控股）(00259)</td><td width=\"25%\">3.300</td><td width=\"25%\">3.450</td><td width=\"25%\">4.86%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03838\">中国淀粉</a>(03838)</td><td width=\"25%\">0.310</td><td width=\"25%\">0.325</td><td width=\"25%\">4.84%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00875\">中国金控</a>(00875)</td><td width=\"25%\">10.120</td><td width=\"25%\">10.440</td><td width=\"25%\">4.40%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/601111\">中国国航</a>(00753)</td><td width=\"25%\">6.820</td><td width=\"25%\">7.150</td><td width=\"25%\">2.58%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00039\">中国北大荒</a>(00039)</td><td width=\"25%\">0.100</td><td width=\"25%\">0.120</td><td width=\"25%\">1.69%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00168\">青岛啤酒股份</a>(00168)</td><td width=\"25%\">81.600</td><td width=\"25%\">83.800</td><td width=\"25%\">1.39%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02289\">创美药业</a>(02289)</td><td width=\"25%\">8.200</td><td width=\"25%\">8.200</td><td width=\"25%\">1.23%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01082\">香港教育国际</a>(01082)</td><td width=\"25%\">1.760</td><td width=\"25%\">1.770</td><td width=\"25%\">1.14%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00123\">越秀地产</a>(00123)</td><td width=\"25%\">10.060</td><td width=\"25%\">10.200</td><td width=\"25%\">0.99%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01702\">东光化工</a>(01702)</td><td width=\"25%\">2.540</td><td width=\"25%\">2.500</td><td width=\"25%\">0.81%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08342\">飞思达科技</a>(01782)</td><td width=\"25%\">1.520</td><td width=\"25%\">1.560</td><td width=\"25%\">0.65%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00293\">国泰航空</a>(00293)</td><td width=\"25%\">8.590</td><td width=\"25%\">8.740</td><td width=\"25%\">0.58%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03900\">绿城中国</a>(03900)</td><td width=\"25%\">16.260</td><td width=\"25%\">16.500</td><td width=\"25%\">0.22%</td></tr><tr><td width=\"25%\">Ａ工银中金美－Ｕ(09011)</td><td width=\"25%\">1,033.750</td><td width=\"25%\">1,033.750</td><td width=\"25%\">0.10%</td></tr><tr><td width=\"25%\">Ａ工银中金美(03011)</td><td width=\"25%\">8,107.400</td><td width=\"25%\">8,107.400</td><td width=\"25%\">0.05%</td></tr> </table> <div></div><p>52周新低排行</p> <table cellspacing=\"1\"> <tr> <th width=\"25%\">股票名称</th> <th width=\"25%\">收盘价</th> <th width=\"25%\">最低价</th> <th width=\"25%\">创低率</th> </tr> <tr><td width=\"25%\">商汤－Ｗ(00020)</td><td width=\"25%\">3.130</td><td width=\"25%\">2.910</td><td width=\"25%\">-25.38%</td></tr><tr><td width=\"25%\">龙资源(01712)</td><td width=\"25%\">0.960</td><td width=\"25%\">0.900</td><td width=\"25%\">-18.18%</td></tr><tr><td width=\"25%\">宏基资本(02288)</td><td width=\"25%\">0.510</td><td width=\"25%\">0.400</td><td width=\"25%\">-15.79%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08006\">华泰瑞银</a>(08579)</td><td width=\"25%\">0.225</td><td width=\"25%\">0.211</td><td width=\"25%\">-12.08%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00599\">怡邦行控股</a>(00599)</td><td width=\"25%\">0.355</td><td width=\"25%\">0.300</td><td width=\"25%\">-11.76%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01238\">宝龙地产</a>(01238)</td><td width=\"25%\">1.310</td><td width=\"25%\">1.280</td><td width=\"25%\">-11.72%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01566\">华夏文化科技</a>(01566)</td><td width=\"25%\">0.083</td><td width=\"25%\">0.080</td><td width=\"25%\">-11.11%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08096\">赏之味</a>(08096)</td><td width=\"25%\">0.049</td><td width=\"25%\">0.041</td><td width=\"25%\">-10.87%</td></tr><tr><td width=\"25%\">VICON HOLDINGS(03878)</td><td width=\"25%\">0.231</td><td width=\"25%\">0.223</td><td width=\"25%\">-10.80%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08062\">俊盟国际</a>(08062)</td><td width=\"25%\">0.229</td><td width=\"25%\">0.185</td><td width=\"25%\">-10.63%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02246\">快狗打车</a>(02246)</td><td width=\"25%\">12.400</td><td width=\"25%\">11.980</td><td width=\"25%\">-8.27%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03830\">童园国际</a>(03830)</td><td width=\"25%\">0.101</td><td width=\"25%\">0.093</td><td width=\"25%\">-7.92%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00468\">纷美包装</a>(00468)</td><td width=\"25%\">1.570</td><td width=\"25%\">1.530</td><td width=\"25%\">-7.83%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00197\">亨泰</a>(00197)</td><td width=\"25%\">0.075</td><td width=\"25%\">0.071</td><td width=\"25%\">-7.79%</td></tr><tr><td width=\"25%\">加科思－Ｂ(01167)</td><td width=\"25%\">6.100</td><td width=\"25%\">5.840</td><td width=\"25%\">-6.71%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00926\">碧生源</a>(00926)</td><td width=\"25%\">2.380</td><td width=\"25%\">2.300</td><td width=\"25%\">-5.74%</td></tr><tr><td width=\"25%\">ＦＬ二富邦台湾(07232)</td><td width=\"25%\">6.500</td><td width=\"25%\">6.485</td><td width=\"25%\">-5.67%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02772\">中梁控股</a>(02772)</td><td width=\"25%\">1.320</td><td width=\"25%\">1.300</td><td width=\"25%\">-4.41%</td></tr><tr><td width=\"25%\">ＴＲ台湾(03036)</td><td width=\"25%\">354.900</td><td width=\"25%\">354.900</td><td width=\"25%\">-4.26%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01387\">中国地利</a>(01387)</td><td width=\"25%\">1.470</td><td width=\"25%\">1.460</td><td width=\"25%\">-3.95%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02262\">梁志天设计集团</a>(02262)</td><td width=\"25%\">0.510</td><td width=\"25%\">0.510</td><td width=\"25%\">-3.77%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01746\">万顺集团控股</a>(01746)</td><td width=\"25%\">0.290</td><td width=\"25%\">0.290</td><td width=\"25%\">-3.33%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03076\">富邦台湾半导体</a>(03076)</td><td width=\"25%\">4.766</td><td width=\"25%\">4.766</td><td width=\"25%\">-3.13%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01761\">宝宝树集团</a>(01761)</td><td width=\"25%\">0.495</td><td width=\"25%\">0.495</td><td width=\"25%\">-2.94%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03332\">中生联合</a>(03332)</td><td width=\"25%\">0.124</td><td width=\"25%\">0.100</td><td width=\"25%\">-2.91%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08038\">金力集团</a>(03919)</td><td width=\"25%\">0.177</td><td width=\"25%\">0.175</td><td width=\"25%\">-2.78%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02309\">伯明翰体育</a>(02309)</td><td width=\"25%\">0.075</td><td width=\"25%\">0.070</td><td width=\"25%\">-2.78%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03021\">富邦富时台湾</a>(03021)</td><td width=\"25%\">5.875</td><td width=\"25%\">5.935</td><td width=\"25%\">-2.70%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00606\">中骏商管</a>(00606)</td><td width=\"25%\">1.610</td><td width=\"25%\">1.560</td><td width=\"25%\">-2.50%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03132\">三星环球半导体</a>(03132)</td><td width=\"25%\">10.490</td><td width=\"25%\">10.450</td><td width=\"25%\">-2.43%</td></tr><tr><td width=\"25%\">安硕ＭＳ台湾(03074)</td><td width=\"25%\">157.400</td><td width=\"25%\">156.900</td><td width=\"25%\">-2.43%</td></tr><tr><td width=\"25%\">Ａ日兴电游－Ｕ(09091)</td><td width=\"25%\">9.575</td><td width=\"25%\">9.575</td><td width=\"25%\">-2.00%</td></tr><tr><td width=\"25%\">安硕ＭＳ台湾－Ｕ(09074)</td><td width=\"25%\">20.140</td><td width=\"25%\">20.280</td><td width=\"25%\">-1.93%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02030\">卡宾</a>(02030)</td><td width=\"25%\">1.790</td><td width=\"25%\">1.790</td><td width=\"25%\">-1.65%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01470\">富一国际控股</a>(01470)</td><td width=\"25%\">0.075</td><td width=\"25%\">0.074</td><td width=\"25%\">-1.33%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00815\">中国白银集团</a>(00815)</td><td width=\"25%\">0.445</td><td width=\"25%\">0.445</td><td width=\"25%\">-1.11%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00164\">中国宝力科技</a>(00164)</td><td width=\"25%\">0.250</td><td width=\"25%\">0.242</td><td width=\"25%\">-0.82%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01382\">互太纺织</a>(01382)</td><td width=\"25%\">3.140</td><td width=\"25%\">3.140</td><td width=\"25%\">-0.63%</td></tr><tr><td width=\"25%\">Ａ<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>区块链(03171)</td><td width=\"25%\">15.050</td><td width=\"25%\">14.990</td><td width=\"25%\">-0.60%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00898\">万事昌国际</a>(00898)</td><td width=\"25%\">0.960</td><td width=\"25%\">0.920</td><td width=\"25%\">-0.54%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00184\">激成投资</a>(00184)</td><td width=\"25%\">2.460</td><td width=\"25%\">2.400</td><td width=\"25%\">-0.41%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00002\">中电控股</a>(00002)</td><td width=\"25%\">65.100</td><td width=\"25%\">64.800</td><td width=\"25%\">-0.15%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/04246\">政府债券二四零六</a>(04246)</td><td width=\"25%\">97.650</td><td width=\"25%\">97.500</td><td width=\"25%\">-0.05%</td></tr> </table> <div></div></body></html>","source":"stock_zhitongcaijing","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" 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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智通港股52周新高、新低统计|6月30日\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-30 16:40 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/747553.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中杭品生活科技(01682)、上海小南国(03666)、世纪睿科(01450)创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ(00020)、龙资源(01712)、宏基资本(02288)创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。52周...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/747553.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02030":"卡宾","08096":"赏之味","00468":"纷美包装","01746":"万顺集团控股","00168":"青岛啤酒股份","BK1505":"一带一路","03830":"童园国际","BK1164":"酒店、度假村与豪华游轮","BK1587":"次新股","01761":"宝宝树集团","BK1229":"房地产经营公司","BK1555":"内房股","08579":"靛蓝星(旧)","BK1578":"个体经济","BK1160":"纺织品","00753":"中国国航","BK1234":"白银","02309":"大象未来集团","BK1577":"香港本地消费股","00367":"庄士机构国际","BK1511":"疑似财技股","08112":"基石金融","09878":"汇通达网络","BK1213":"消闲用品","02262":"梁志天设计集团","BK1123":"航空公司","02288":"宏基资本","BK1212":"农产品","BK1116":"电气部件与设备","02289":"创美药业","BK1148":"建筑与工程","03076":"富邦台湾半导体","03900":"绿城中国","00164":"中国宝力科技","BK1561":"航空股","00020":"商汤-W","01712":"龙资源","00926":"碧生源","BK1527":"公用股","BK1130":"出版","02772":"中梁控股"},"source_url":"http://www.zhitongcaijing.com/content/detail/747553.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2247900732","content_text":"智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中杭品生活科技(01682)、上海小南国(03666)、世纪睿科(01450)创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ(00020)、龙资源(01712)、宏基资本(02288)创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。52周新高排行   股票名称 收盘价 最高价 创高率  杭品生活科技(01682)0.1571.300242.11%上海小南国(03666)0.0820.08911.25%世纪睿科(01450)4.3004.36010.38%利骏集团香港(08360)0.9300.9409.30%汇通达网络(09878)60.35063.0007.97%庄士机构国际(00367)1.0201.0407.77%基石金融(08112)0.7100.7206.82%亿都（国际控股）(00259)3.3003.4504.86%中国淀粉(03838)0.3100.3254.84%中国金控(00875)10.12010.4404.40%中国国航(00753)6.8207.1502.58%中国北大荒(00039)0.1000.1201.69%青岛啤酒股份(00168)81.60083.8001.39%创美药业(02289)8.2008.2001.23%香港教育国际(01082)1.7601.7701.14%越秀地产(00123)10.06010.2000.99%东光化工(01702)2.5402.5000.81%飞思达科技(01782)1.5201.5600.65%国泰航空(00293)8.5908.7400.58%绿城中国(03900)16.26016.5000.22%Ａ工银中金美－Ｕ(09011)1,033.7501,033.7500.10%Ａ工银中金美(03011)8,107.4008,107.4000.05%  52周新低排行   股票名称 收盘价 最低价 创低率  商汤－Ｗ(00020)3.1302.910-25.38%龙资源(01712)0.9600.900-18.18%宏基资本(02288)0.5100.400-15.79%华泰瑞银(08579)0.2250.211-12.08%怡邦行控股(00599)0.3550.300-11.76%宝龙地产(01238)1.3101.280-11.72%华夏文化科技(01566)0.0830.080-11.11%赏之味(08096)0.0490.041-10.87%VICON HOLDINGS(03878)0.2310.223-10.80%俊盟国际(08062)0.2290.185-10.63%快狗打车(02246)12.40011.980-8.27%童园国际(03830)0.1010.093-7.92%纷美包装(00468)1.5701.530-7.83%亨泰(00197)0.0750.071-7.79%加科思－Ｂ(01167)6.1005.840-6.71%碧生源(00926)2.3802.300-5.74%ＦＬ二富邦台湾(07232)6.5006.485-5.67%中梁控股(02772)1.3201.300-4.41%ＴＲ台湾(03036)354.900354.900-4.26%中国地利(01387)1.4701.460-3.95%梁志天设计集团(02262)0.5100.510-3.77%万顺集团控股(01746)0.2900.290-3.33%富邦台湾半导体(03076)4.7664.766-3.13%宝宝树集团(01761)0.4950.495-2.94%中生联合(03332)0.1240.100-2.91%金力集团(03919)0.1770.175-2.78%伯明翰体育(02309)0.0750.070-2.78%富邦富时台湾(03021)5.8755.935-2.70%中骏商管(00606)1.6101.560-2.50%三星环球半导体(03132)10.49010.450-2.43%安硕ＭＳ台湾(03074)157.400156.900-2.43%Ａ日兴电游－Ｕ(09091)9.5759.575-2.00%安硕ＭＳ台湾－Ｕ(09074)20.14020.280-1.93%卡宾(02030)1.7901.790-1.65%富一国际控股(01470)0.0750.074-1.33%中国白银集团(00815)0.4450.445-1.11%中国宝力科技(00164)0.2500.242-0.82%互太纺织(01382)3.1403.140-0.63%Ａ三星区块链(03171)15.05014.990-0.60%万事昌国际(00898)0.9600.920-0.54%激成投资(00184)2.4602.400-0.41%中电控股(00002)65.10064.800-0.15%政府债券二四零六(04246)97.65097.500-0.05%","news_type":1},"isVote":1,"tweetType":1,"viewCount":526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079742887,"gmtCreate":1657244346049,"gmtModify":1676535978123,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"too bad. look like somebody see that the coy is undervalued.&nbsp;","listText":"too bad. look like somebody see that the coy is undervalued.&nbsp;","text":"too bad. look like somebody see that the coy is undervalued.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079742887","repostId":"2245028857","repostType":2,"repost":{"id":"2245028857","kind":"news","pubTimestamp":1655799054,"share":"https://ttm.financial/m/news/2245028857?lang=&edition=fundamental","pubTime":"2022-06-21 16:10","market":"sg","language":"en","title":"A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility","url":"https://stock-news.laohu8.com/highlight/detail?id=2245028857","media":"Bloomberg:","summary":"A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concern","content":"<div>\n<p>A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility</p>\n\n<a href=\"https://t.co/oejmtCIOov\">Web Link</a>\n\n</div>\n","source":"redbox_twitter","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>A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility</title>\n<style 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}\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\">\nA sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://t.co/oejmtCIOov><strong>Bloomberg:</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility</p>\n\n<a href=\"https://t.co/oejmtCIOov\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1536":"电信股","01310":"香港宽频","BK1133":"综合电信业务"},"source_url":"https://t.co/oejmtCIOov","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245028857","content_text":"A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079167056,"gmtCreate":1657159386275,"gmtModify":1676535961591,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Good insight abt metaverse","listText":"Good insight abt metaverse","text":"Good insight abt metaverse","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079167056","repostId":"2249475295","repostType":2,"repost":{"id":"2249475295","kind":"news","pubTimestamp":1657154364,"share":"https://ttm.financial/m/news/2249475295?lang=&edition=fundamental","pubTime":"2022-07-07 08:39","market":"hk","language":"zh","title":"腾讯与复旦大学元宇宙重磅报告","url":"https://stock-news.laohu8.com/highlight/detail?id=2249475295","media":"察访区块链","summary":"近日，腾讯联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。","content":"<html><body><div><p>近日，<a href=\"https://laohu8.com/S/00700\">腾讯</a>联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。特别是，报告提出了“元宇宙率”这一概念，用多个核心维度来衡量元宇宙技术营造的“远程在场感”，包括计算力、响应力、逼真性、沉浸性、互动性、用户自主性、数字财产保护、数字货币支付等。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">元宇宙到底是什么？</strong></p><p>“元宇宙”的内涵很丰富，但其主要成分是遍在性网络、加密货币和加密网络（如比特币和以太坊）、VR 和AR技术以及NFT （Non-Fungible Tokens） 。</p><p>广义而言，我们可以说，互联网就早已经是一个元宇宙了。我们在新冠疫情中不可或缺的远程视频会议都有一些“元宇宙”元素。“元宇宙”是永远在后退的地平线，我们可以不断靠近它，但永远无法完全实现它。</p><p>扎克伯克说元宇宙是一个“具身的互联网”（embodied Internet ）。<span mp-original-font-size=\"16\" mp-original-line-=\"\"><strong mp-original-font-size=\"16\" mp-original-line-=\"\">但侠义的元宇宙是一种基于增强现实、虚拟现实和混合现实等技术，整合了用户替身创设、内容生产、社交互动、在线游戏、虚拟货币支付的网络空间。在元宇宙中 ， 用户不仅仅是看内容 ， 而是能全身心沉浸在相互补充和相互转化的物理世界和数字世界中，恰是中国文化中的阴与阳 。</strong></span></p><p><img src=\"https://img.jinse.com/6277414_image3.png\"/></p><p><span>现实世界与元宇宙</span></p><p>就像今天的互联网一样，元宇宙并不是某种单一技术，而而是一个由许多公司提供各种技术，逐步共同建设而成的生态系统。<span mp-original-font-size=\"16\" mp-original-line-=\"\"><strong mp-original-font-size=\"16\" mp-original-line-=\"\">具体来说，元宇宙有四大特征：逼真性、沉浸性、开放性、协作性。</strong></span></p><p>用户在虚拟空间将感受到一种“共同的具身在场感”，以第一视角感受环境并与其他用户互动。此时，我们将不再是简单地在媒介之外，而是将生在媒介之中。</p><p>元宇宙生态系统的各部分将相互连接和实现互操作（ interconnected and interoperable）。在元宇宙中，各种人和物件的有固定的身份，这样个人和数字商品能从一个虚拟世界移动到另一个虚拟世界，甚至通过增强现实进入网下的真实世界。这意味着，元宇宙中，信息可以畅通无阻地跨平台和跨世界传输（包括在虚拟世界之间，以及虚拟世界和现实世界之间）。</p><p>元宇宙是要在现实世界之外创造一个想象的世界（fantasy）这一努力从远古就存在，并具有不同的形式，<span mp-original-font-size=\"16\" mp-original-line-=\"\"><strong mp-original-font-size=\"16\" mp-original-line-=\"\">这些形式具有不同的“元宇宙率”（Metaverse Ratio）。</strong></span></p><p><img src=\"https://img.jinse.com/6277415_image3.png\"/></p><p><span>元宇宙率</span></p><p>汉字的每一个形声字恰如元宇宙用户自己创造出来与人分享的3D体验包，或称为扎克伯格说的元宇宙中的holograms（可以是一本书、一部电影、一个游戏如下棋、赛车、K歌和竞猜等）。</p><p>中国的昆剧，如著名音乐家谭盾和“昆曲王子”张军共同担纲制作的中国首部实景园林昆曲《牡丹亭》以园林实景为舞台，通过多种声光物美极具沉浸性地呈现明代大文豪汤显祖的巨作《 牡丹亭 》 ， 将观众远距离投送（teleport）到汤显祖笔下的一个最真实、最纯粹的牡丹之梦中。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">从数字“化身”到“孪生”</strong></p><p>在元宇宙中，用户将在虚拟空间中拥有一个或多个“化身”（avatar）。该词源自梵文 avatar，指神的显身。在印度教中，各种神在人间都以多个化身存在。2009 年获得巨大票房的美国科幻电影《阿凡达》的英文原名即是avatar，而让我们知悉了这个词的新媒体含义。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277416_image3.png\"/></strong></p><p><span>在电子游戏中，“化身”在不同历史阶段有不同的类型</span></p><p>但总体而言，以上游戏，尽管有很多迭代和提升，其人机互动方式仍是：用户身在游戏之外正对着电脑屏幕，音箱放在两侧，通过键盘、鼠标、触控板或游戏控制器来与游戏中的环境以及其他玩家互动。这显然与《雪崩》中描绘的元宇宙场景差别巨大。在后者中，玩家完全沉浸于游戏，用自己的全部感官与游戏环境中的其他玩家互动。</p><p>而进入了Web2.0时代，实现了信息传播的民主化。此时，“任何人只要花5分钟就可以在互联网上拥有一亩三分地”（博客，也即个人主页），因为让大多数人实现了从网下向网上的迁移，使得个体能在网上有了一个数字化身（博客/个人主页，尼葛洛庞帝称之为“数字勤务兵”）。此后，随着技术的进一步发展，这个“化身/博客/个人主页”沿着三个方向发展：</p><ul><li><p><strong>媒介的表达形式，从纯文字变成包含图片、动图、音视频等；</strong></p></li><li><p><strong>媒介内容的长短，（从长内容变成也可以发微内容）；</strong></p></li><li><p><strong>媒介内容之间互联（从独立的个人主页变成互联的个人主页）；</strong></p></li><li><p><strong>移动端（APP），将互联网带入到移动化时代。</strong></p></li></ul><p>Web3.0是在Web2.0的基础上发展起来的一种能更好地体现网民的劳动价值和实现价值均衡分配的一种互联网方式。Web3.0时代弥补了Web2.0内容生产者众，商业模式却很脆弱的不足。</p><p>Web3.0的体现之一：数字游戏玩家通过化身付出时间通关，也因此获得声誉和虚拟货币，这些虚拟财富通过一定方式可以在现实中兑换。这时，区块链、加密货币以及产权保护技术（如NFT）就显得至关重要。</p><p>由于Web3.0的应用非常小众和隐蔽，所以不大为普通公众所知晓。但它成为建设元宇宙的重要基础设施。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277417_image3.png\"/></strong></p><p><span>Web3.0，元宇宙的基础设施之一</span></p><p>元宇宙实现了体验传播的民主化。因此“元宇宙”的到来可以视为是互联网传输技术的第二个革命。因此，我们可以将Web1.0、Web2.0、Web3.0以及元宇宙的相互关系作图示意如下：</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277418_image3.png\"/></strong></p><p><span>Web1.0、Web2.0、Web3.0以及元宇宙的相互关系</span></p><p>而元宇宙时代的用户化身，报告指出，即数字孪生技术。我们通过各种技术向网络空间发布关于自己的信息，最终实现用户在现实空间和虚拟空间之间的相互复制，我们的数字化身发展成我们的“数字孪生”。这个过程包括三个阶段：</p><p><strong>1、人和世界的数字化：</strong>网下真实的自我通过持续、自觉、全面地发布微内容(文字、图片和音视频)实现自身向网络空间的数字化，逐渐建设成一个化身，或称“数字勤务兵”，为网下真实的自我服务。</p><p><strong>2、人和世界的数据化：</strong>各种技术，包括RFID， GPS， LBS，Google Glass， Apple watch， Facebook Rayban Stories眼镜和初级的AR/VR/MR技术等使得用户可以上传空间数据、行为数据、生理数据和非语言符号数据，使得自己的化身越来越丰满。</p><p><strong>3、元宇宙数字孪生：</strong>用户通过元宇宙基础设施和超级VR技术将自己全身心地成为元宇宙的一份子（Cyborgs）。在混合虚拟现实技术的支持下，日益人性化的人机互动界面导致网下与网络空间的不断重合，网络空间就是现实空间，现实空间亦是网络空间。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">元宇宙应用场景和领先公司</strong></p><p>元宇宙并非仅仅是像扎克伯格这样的技术公司高管的逐利梦想，而且还是一个伟大的技术和工程上的创新，如果它得到正确的应用，也是一个能为我们的现实世界带来确实好处的有益工具。</p><p>按照元宇宙现发展现状与未来趋势，我们大致可以将元宇宙的应用场景分为三层，分别为核心层、技术层与环境层。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277419_image3.png\"/></strong></p><p><span>元宇宙应用场景</span></p><p>核心层包括工作、社交和娱乐。技术层包括商业、场景体验和疾病治疗。而环境层包括虚拟人物、教育、旅游生态和国际传播。</p><p><img src=\"https://img.jinse.com/6277420_image3.png\"/></p><p><span>核心层应用场景</span></p><p><img src=\"https://img.jinse.com/6277421_image3.png\"/></p><p><span>技术层应用场景</span></p><p><img src=\"https://img.jinse.com/6277422_image3.png\"/></p><p><span>环境层应用场景</span></p><p>催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司 ， 它们形成了生机勃勃和快速发展的元宇宙生态系统 。2021 年 newzoo.com 发 布 “元宇宙生态图 ”包括以下类别和主要参与者 :</p><p><img src=\"https://img.jinse.com/6277423_image3.png\"/></p><p><span>元宇宙生态图</span></p><p>2021年6月创立的Roundhill Ball Metaverse <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a>专注于元宇宙产业。它推出了一个“<a href=\"https://laohu8.com/S/BLL\">波尔</a>元宇宙指数”（Ball Metaverse Index），是全球第一个旨在追踪元宇宙产业表现的指数。该指数是在对全球积极参与元宇宙建设的上市公司进行“分层权重”（tiered weight）后生成的。</p><p>这些元宇宙公司被分成以下7类：</p><p><img src=\"https://img.jinse.com/6277424_image3.png\"/></p><p><span><strong mp-original-font-size=\"14\" mp-original-line-=\"\">元宇宙生态分类</strong></span></p><p>根据以上7个类别，根据其潜力我们可以列出10家目前全球领先的元宇宙公司如下（由于元宇宙技术还在发展中，且市场并未完全清晰分割，因此对以下公司的分类并非完全互斥和稳定的）：</p><p>1、Roblox：在线视频游戏平台，可能是当今最接近元宇宙的平台。拥有4320万日活跃用户，年龄从6岁到30岁，2021年第二季度的用户在线时间为97亿小时。时装品牌 Gucci甚至都在其上推出了新款秀活动。</p><p>2、Unity Software：3D游戏设计软件公司，游戏设计师通过其图像渲染引擎可以设定玩家在游戏中的交流方式；世界前1000款手机游戏中有71%是使用Unity平台创建的；全球所有电子游戏中，超过50%（跨PC、移动和控制台设备）的都是用Unity软件创建的。</p><p>3、Fastly：减少数据传输时间延迟的方案解决商。Fastly拥有一个边缘计算“基础设施即服务”(infrastructure-as-a-service)平台，可以在全球28个国家/地区内实现145TB/秒的数据传输速度，从而有助于减少因数据传输带来时间延迟。催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司。</p><p>4、Autodesk：一个软件公司， 1980年代上市， 因AutoCAD软件而闻名，已经成为工业流水线、基础设施、交通工具、建筑业、工业设计软件的行业标准，用户包括工程师、建筑师、设计师和学生。</p><p>5、<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>：该公司多年来一直生产用于高端计算和人工智能的图形和视频处理芯片，而且已经被广泛运用在复杂计算所必须的服务器和中央计算机中。英伟达计划从软银集团手中收购 <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>。ARM 拥有众多专利和软件，均与芯片如何配置到计算机系统中有关。如果此收购成功，英伟达将有能力将其图形处理单元（GPU）和高端芯片直接嵌入到更多计算系统中，并提升计算能力。</p><p>6、Meta：多领域布局，全球领先的元宇宙公司。</p><p>7、Shopfiy：底层架构元宇宙商业模式。建成元宇宙的一个关键方面是：内容创作者都希望能有自己的商业模式，因此资产数字化、数字货币和内容变现方式在元宇宙中必不可少。Shopify推出一个新的 NFT 平台，可以让数字创作者直接向消费者出售自己的艺术作品或其他内容。NBA芝加哥公牛队首先测试了该功能—— 他们通过Shopify销售了NBA 1991 年总冠军戒指的限量版 NFT。</p><p>8、<a href=\"https://laohu8.com/S/MSFT\">微软</a>：推出了一套新的元宇宙工具，使用户能够创建自己的AI化身，创建虚拟工作室和参与虚拟会议——例如，在虚拟会议中，与会者通过Microsoft Dynamics 365 Connected Spaces这款工具可以即时虚拟访问工厂车间或零售店，与工人或店员交谈，适用产品，感受环境，查找问题，增进理解。</p><p>9、Matterport：Matterport 是一家软件和视频捕捉公司，它开发的软件能让用户拿着手机对实体建筑物一拍就能生成其“数字孪生”。</p><p>10、<a href=\"https://laohu8.com/S/METV\">Roundhill Ball Metaverse ETF</a>：充分关注整个元宇宙领域的发展，从基础设施建设、界面开发到内容创作等无所不包，共涵盖50家上市公司，其中提供云解决方案、游戏平台和计算元件的公司占近 70%，包括英伟达、微软和中国游戏巨头腾讯。到2021年11月，该公司已经累积财富1亿美元，日均交易量达到25万股。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">2022元宇宙发展趋势</strong></p><p>一个新兴的领域 ， 在想象力上具有千差万别的可能 ， 而在现有技术 、 信息的透明度 上 ， 可能差异并不明显 ， 作为一个 2021 年的元宇宙元年即将过去 ，2022 年元宇宙又该如何 发展 ， 这属于一个摸着石头过河的问题 ， 尚没有人能给出明确的论断 ，但基于现有的条件与社会现象 ， 我们可以做出一些阶段性的思考与未来的可能发展方向 。</p><p>从宏观层面来看 ， 元宇宙理念 、 技术 、硬件 、软件 、内容 、应用均会面临重构与再构。</p><p><img src=\"https://img.jinse.com/6277425_image3.png\"/></p><p><span>元宇宙变革</span></p><p><img src=\"https://img.jinse.com/6277426_image3.png\"/></p><p><span>元宇宙未来发展十大趋势示意图</span></p><p>从微观来看，“政产学研用”各界均会有所行动。</p><p><img src=\"https://img.jinse.com/6277427_image3.png\"/></p><p><span mp-original-font-size=\"14\" mp-original-line-=\"\"><strong mp-original-font-size=\"14\" mp-original-line-=\"\"><span mp-original-font-size=\"14\" mp-original-line-=\"\">元</span></strong></span><strong mp-original-font-size=\"14\" mp-original-line-=\"\"><span mp-original-font-size=\"14\" mp-original-line-=\"\">宇宙微观趋势</span></strong></p><p>元宇宙的概念内涵和外延不清晰，众说纷纭，百人百议。<a href=\"https://laohu8.com/S/AAPL\">苹果</a>CEO库克在接受《时代》周刊杂志的采访时，被记者问到“你所说的就是所谓的元宇宙吗？”他回答说：不，我们只是叫它增强现实（AR）。有网友指出，“元宇宙这玩意，过去搞游戏和视频内容的叫AR/VR，搞工业软件仿真和设计的叫数字孪生，搞社交的叫虚拟社区，现在又加入一点区块链和数字艺术品后，被炒作成了一个谁也说不清的<a href=\"https://laohu8.com/S/BJZ.SI\">高大</a>上的新词元宇宙，真有点扯淡……”</p><p>元宇宙作为一个概念先行的事物，市场以及相关企业是布局元宇宙的重要力量，但过度对元宇宙进行捏造、吹嘘乃至于魔化，不免带偏元宇宙的发展方向<strong>，陷入万物皆可元宇宙的戏谑性资本的现实狂欢。</strong></p><p>要完全实现元宇宙可能需要等待数年的时间和数十亿美元的投入。Facebook在技术上投入了大量资金，例如Portal视频通话设备、Oculus头盔和Horizon虚拟现实平台。Facebook也拥有每天10亿人登录的巨大优势，如果扎克伯格选择提供元宇宙娱乐服务，他很难不成功。但扎克伯格也承认，现有的虚拟现实头盔“有点笨重”，离他所描述的元宇宙体现还距离很遥远。</p><p>相对于社交媒体，元宇宙的技术提升仅仅是通过虚拟现实技术将主要的文字和音视频的互联网变成了用户可以全身心参与的“具身互联网”，但其商业模式并不会有根本的变化——从个人网页转变为“个人具身存在的家”，社交媒体平台变成“一个具身参与的公共空间”。因此，元宇宙仍然将涉及用户隐私这一“基本人权”问题。</p><p>元宇宙被视作一种未来媒介，可以帮助人类打破既有的社会性实践疆界，这样的论断对技术的发展抱以乐观的想象，但是实际上，网络的电子边疆与领网主权同样值得关注，在看不见的元宇宙中，其空间的建构产品的生产必然是有着物理世界国族边疆的约束。</p><p>从目前的发展上来看，国际企业与各大平台积极探索元宇宙产品，建立自身的元宇宙体系，微软、Meta、<a href=\"https://laohu8.com/S/BIDU\">百度</a>、腾讯等均开发出自己的元宇宙空间，每个空间都有自己独立的运营体系与规则内容，或者每个元宇宙对社交、游戏、商业等多领域的侧重点不同，人类又如何在众多的元宇宙空间中实现自由切换与无缝衔接，“开放世界”的理念其实仅仅是对用户层面开放，作为规则制定者的跨国企业之间实现完全的开放、互联互通，目前来讲，存在巨大挑战。</p><p>目前对元宇宙技术将带来一种什么样的未来，还存在不同意见。例如，刘慈欣先生认为，“人类面前有两条路。一条是向外，通往星辰大海；一条向内，通往虚拟现实。”前一条道路就是“飞船派”，志在探索广袤的宇宙世界，另一条就“元宇宙派”。元宇宙是极具诱惑、高度致幻的“精神鸦片”。</p><p>但是，另一种观点则则认为，元宇宙虽然也耗费资源，但开发外太空更耗资巨大且看不到未来，美苏太空计划就是先例。向内或向外并不矛盾，不必以向外来反对向内。人类需要物质资源，也需要学习、工作、沟通、娱乐和治疗等，而元宇宙都能在其中发挥作用。</p><p>但无论对元宇宙持悲观还会乐观态度，如果它们都过于极端的话，其底色都是一种“技术决定论”，差别仅仅在于悲观者认为元宇宙会将人类带入异托邦，乐观者认为它会将人类带入乌托邦。这都是不够公允的态度。对包括元宇宙在内的技术我们都可以保持审慎乐观。</p><p>2021年被称为元宇宙元年，元宇宙在技术层面的关键词是颠覆与变革，在社会层面的关键词则是创新与想象，也为反思人与媒介、人与技术之间的关系提供了契机。但是资本的介入也让元宇宙这一概念充满了炒作争议。对于这样的新事物，如何正确被认识还需要一定的发展时间。</p></div></body></html>","source":"jinse_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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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腾讯与复旦大学元宇宙重磅报告\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-07 08:39 北京时间&nbsp;&nbsp;&nbsp;<a href=https://www.jinse.com/blockchain/1827655.html><strong>察访区块链</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>近日，腾讯联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。特别是，报告提出了“元宇宙率”这一概念，用多个核心维度来衡量元宇宙技术营造的“远程在场感”，包括计算力、响应力、逼真性、沉浸性、互动性、用户自主性、数字财产保护、数字货币支付等。元宇宙到底是什么？“元宇宙”的内涵很丰富，但其主要成分是遍在性网络、加密货币和加密网络（...</p>\n\n<a href=\"https://www.jinse.com/blockchain/1827655.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/data:image/png;base64,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?op=imageView2&mode=2&width=256&height=256&quality=70&format=png","relate_stocks":{"BK1586":"云计算","BK1531":"手游股","BK1095":"互动媒体与服务","BK1589":"北水核心资产","00700":"腾讯控股","BK1526":"科网股","BK4077":"互动媒体与服务","TCEHY":"腾讯控股ADR","BK1521":"挪威政府全球养老基金持仓","BK1516":"腾讯概念","BK1608":"元宇宙概念","BK1502":"双十一","BK1517":"云办公","BK1591":"就地过年概念"},"source_url":"https://www.jinse.com/blockchain/1827655.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249475295","content_text":"近日，腾讯联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。特别是，报告提出了“元宇宙率”这一概念，用多个核心维度来衡量元宇宙技术营造的“远程在场感”，包括计算力、响应力、逼真性、沉浸性、互动性、用户自主性、数字财产保护、数字货币支付等。元宇宙到底是什么？“元宇宙”的内涵很丰富，但其主要成分是遍在性网络、加密货币和加密网络（如比特币和以太坊）、VR 和AR技术以及NFT （Non-Fungible Tokens） 。广义而言，我们可以说，互联网就早已经是一个元宇宙了。我们在新冠疫情中不可或缺的远程视频会议都有一些“元宇宙”元素。“元宇宙”是永远在后退的地平线，我们可以不断靠近它，但永远无法完全实现它。扎克伯克说元宇宙是一个“具身的互联网”（embodied Internet ）。但侠义的元宇宙是一种基于增强现实、虚拟现实和混合现实等技术，整合了用户替身创设、内容生产、社交互动、在线游戏、虚拟货币支付的网络空间。在元宇宙中 ， 用户不仅仅是看内容 ， 而是能全身心沉浸在相互补充和相互转化的物理世界和数字世界中，恰是中国文化中的阴与阳 。现实世界与元宇宙就像今天的互联网一样，元宇宙并不是某种单一技术，而而是一个由许多公司提供各种技术，逐步共同建设而成的生态系统。具体来说，元宇宙有四大特征：逼真性、沉浸性、开放性、协作性。用户在虚拟空间将感受到一种“共同的具身在场感”，以第一视角感受环境并与其他用户互动。此时，我们将不再是简单地在媒介之外，而是将生在媒介之中。元宇宙生态系统的各部分将相互连接和实现互操作（ interconnected and interoperable）。在元宇宙中，各种人和物件的有固定的身份，这样个人和数字商品能从一个虚拟世界移动到另一个虚拟世界，甚至通过增强现实进入网下的真实世界。这意味着，元宇宙中，信息可以畅通无阻地跨平台和跨世界传输（包括在虚拟世界之间，以及虚拟世界和现实世界之间）。元宇宙是要在现实世界之外创造一个想象的世界（fantasy）这一努力从远古就存在，并具有不同的形式，这些形式具有不同的“元宇宙率”（Metaverse Ratio）。元宇宙率汉字的每一个形声字恰如元宇宙用户自己创造出来与人分享的3D体验包，或称为扎克伯格说的元宇宙中的holograms（可以是一本书、一部电影、一个游戏如下棋、赛车、K歌和竞猜等）。中国的昆剧，如著名音乐家谭盾和“昆曲王子”张军共同担纲制作的中国首部实景园林昆曲《牡丹亭》以园林实景为舞台，通过多种声光物美极具沉浸性地呈现明代大文豪汤显祖的巨作《 牡丹亭 》 ， 将观众远距离投送（teleport）到汤显祖笔下的一个最真实、最纯粹的牡丹之梦中。从数字“化身”到“孪生”在元宇宙中，用户将在虚拟空间中拥有一个或多个“化身”（avatar）。该词源自梵文 avatar，指神的显身。在印度教中，各种神在人间都以多个化身存在。2009 年获得巨大票房的美国科幻电影《阿凡达》的英文原名即是avatar，而让我们知悉了这个词的新媒体含义。在电子游戏中，“化身”在不同历史阶段有不同的类型但总体而言，以上游戏，尽管有很多迭代和提升，其人机互动方式仍是：用户身在游戏之外正对着电脑屏幕，音箱放在两侧，通过键盘、鼠标、触控板或游戏控制器来与游戏中的环境以及其他玩家互动。这显然与《雪崩》中描绘的元宇宙场景差别巨大。在后者中，玩家完全沉浸于游戏，用自己的全部感官与游戏环境中的其他玩家互动。而进入了Web2.0时代，实现了信息传播的民主化。此时，“任何人只要花5分钟就可以在互联网上拥有一亩三分地”（博客，也即个人主页），因为让大多数人实现了从网下向网上的迁移，使得个体能在网上有了一个数字化身（博客/个人主页，尼葛洛庞帝称之为“数字勤务兵”）。此后，随着技术的进一步发展，这个“化身/博客/个人主页”沿着三个方向发展：媒介的表达形式，从纯文字变成包含图片、动图、音视频等；媒介内容的长短，（从长内容变成也可以发微内容）；媒介内容之间互联（从独立的个人主页变成互联的个人主页）；移动端（APP），将互联网带入到移动化时代。Web3.0是在Web2.0的基础上发展起来的一种能更好地体现网民的劳动价值和实现价值均衡分配的一种互联网方式。Web3.0时代弥补了Web2.0内容生产者众，商业模式却很脆弱的不足。Web3.0的体现之一：数字游戏玩家通过化身付出时间通关，也因此获得声誉和虚拟货币，这些虚拟财富通过一定方式可以在现实中兑换。这时，区块链、加密货币以及产权保护技术（如NFT）就显得至关重要。由于Web3.0的应用非常小众和隐蔽，所以不大为普通公众所知晓。但它成为建设元宇宙的重要基础设施。Web3.0，元宇宙的基础设施之一元宇宙实现了体验传播的民主化。因此“元宇宙”的到来可以视为是互联网传输技术的第二个革命。因此，我们可以将Web1.0、Web2.0、Web3.0以及元宇宙的相互关系作图示意如下：Web1.0、Web2.0、Web3.0以及元宇宙的相互关系而元宇宙时代的用户化身，报告指出，即数字孪生技术。我们通过各种技术向网络空间发布关于自己的信息，最终实现用户在现实空间和虚拟空间之间的相互复制，我们的数字化身发展成我们的“数字孪生”。这个过程包括三个阶段：1、人和世界的数字化：网下真实的自我通过持续、自觉、全面地发布微内容(文字、图片和音视频)实现自身向网络空间的数字化，逐渐建设成一个化身，或称“数字勤务兵”，为网下真实的自我服务。2、人和世界的数据化：各种技术，包括RFID， GPS， LBS，Google Glass， Apple watch， Facebook Rayban Stories眼镜和初级的AR/VR/MR技术等使得用户可以上传空间数据、行为数据、生理数据和非语言符号数据，使得自己的化身越来越丰满。3、元宇宙数字孪生：用户通过元宇宙基础设施和超级VR技术将自己全身心地成为元宇宙的一份子（Cyborgs）。在混合虚拟现实技术的支持下，日益人性化的人机互动界面导致网下与网络空间的不断重合，网络空间就是现实空间，现实空间亦是网络空间。元宇宙应用场景和领先公司元宇宙并非仅仅是像扎克伯格这样的技术公司高管的逐利梦想，而且还是一个伟大的技术和工程上的创新，如果它得到正确的应用，也是一个能为我们的现实世界带来确实好处的有益工具。按照元宇宙现发展现状与未来趋势，我们大致可以将元宇宙的应用场景分为三层，分别为核心层、技术层与环境层。元宇宙应用场景核心层包括工作、社交和娱乐。技术层包括商业、场景体验和疾病治疗。而环境层包括虚拟人物、教育、旅游生态和国际传播。核心层应用场景技术层应用场景环境层应用场景催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司 ， 它们形成了生机勃勃和快速发展的元宇宙生态系统 。2021 年 newzoo.com 发 布 “元宇宙生态图 ”包括以下类别和主要参与者 :元宇宙生态图2021年6月创立的Roundhill Ball Metaverse Pacer Swan SOS Fund of Funds ETF|ETF专注于元宇宙产业。它推出了一个“波尔元宇宙指数”（Ball Metaverse Index），是全球第一个旨在追踪元宇宙产业表现的指数。该指数是在对全球积极参与元宇宙建设的上市公司进行“分层权重”（tiered weight）后生成的。这些元宇宙公司被分成以下7类：元宇宙生态分类根据以上7个类别，根据其潜力我们可以列出10家目前全球领先的元宇宙公司如下（由于元宇宙技术还在发展中，且市场并未完全清晰分割，因此对以下公司的分类并非完全互斥和稳定的）：1、Roblox：在线视频游戏平台，可能是当今最接近元宇宙的平台。拥有4320万日活跃用户，年龄从6岁到30岁，2021年第二季度的用户在线时间为97亿小时。时装品牌 Gucci甚至都在其上推出了新款秀活动。2、Unity Software：3D游戏设计软件公司，游戏设计师通过其图像渲染引擎可以设定玩家在游戏中的交流方式；世界前1000款手机游戏中有71%是使用Unity平台创建的；全球所有电子游戏中，超过50%（跨PC、移动和控制台设备）的都是用Unity软件创建的。3、Fastly：减少数据传输时间延迟的方案解决商。Fastly拥有一个边缘计算“基础设施即服务”(infrastructure-as-a-service)平台，可以在全球28个国家/地区内实现145TB/秒的数据传输速度，从而有助于减少因数据传输带来时间延迟。催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司。4、Autodesk：一个软件公司， 1980年代上市， 因AutoCAD软件而闻名，已经成为工业流水线、基础设施、交通工具、建筑业、工业设计软件的行业标准，用户包括工程师、建筑师、设计师和学生。5、英伟达：该公司多年来一直生产用于高端计算和人工智能的图形和视频处理芯片，而且已经被广泛运用在复杂计算所必须的服务器和中央计算机中。英伟达计划从软银集团手中收购 ARM Holdings。ARM 拥有众多专利和软件，均与芯片如何配置到计算机系统中有关。如果此收购成功，英伟达将有能力将其图形处理单元（GPU）和高端芯片直接嵌入到更多计算系统中，并提升计算能力。6、Meta：多领域布局，全球领先的元宇宙公司。7、Shopfiy：底层架构元宇宙商业模式。建成元宇宙的一个关键方面是：内容创作者都希望能有自己的商业模式，因此资产数字化、数字货币和内容变现方式在元宇宙中必不可少。Shopify推出一个新的 NFT 平台，可以让数字创作者直接向消费者出售自己的艺术作品或其他内容。NBA芝加哥公牛队首先测试了该功能—— 他们通过Shopify销售了NBA 1991 年总冠军戒指的限量版 NFT。8、微软：推出了一套新的元宇宙工具，使用户能够创建自己的AI化身，创建虚拟工作室和参与虚拟会议——例如，在虚拟会议中，与会者通过Microsoft Dynamics 365 Connected Spaces这款工具可以即时虚拟访问工厂车间或零售店，与工人或店员交谈，适用产品，感受环境，查找问题，增进理解。9、Matterport：Matterport 是一家软件和视频捕捉公司，它开发的软件能让用户拿着手机对实体建筑物一拍就能生成其“数字孪生”。10、Roundhill Ball Metaverse ETF：充分关注整个元宇宙领域的发展，从基础设施建设、界面开发到内容创作等无所不包，共涵盖50家上市公司，其中提供云解决方案、游戏平台和计算元件的公司占近 70%，包括英伟达、微软和中国游戏巨头腾讯。到2021年11月，该公司已经累积财富1亿美元，日均交易量达到25万股。2022元宇宙发展趋势一个新兴的领域 ， 在想象力上具有千差万别的可能 ， 而在现有技术 、 信息的透明度 上 ， 可能差异并不明显 ， 作为一个 2021 年的元宇宙元年即将过去 ，2022 年元宇宙又该如何 发展 ， 这属于一个摸着石头过河的问题 ， 尚没有人能给出明确的论断 ，但基于现有的条件与社会现象 ， 我们可以做出一些阶段性的思考与未来的可能发展方向 。从宏观层面来看 ， 元宇宙理念 、 技术 、硬件 、软件 、内容 、应用均会面临重构与再构。元宇宙变革元宇宙未来发展十大趋势示意图从微观来看，“政产学研用”各界均会有所行动。元宇宙微观趋势元宇宙的概念内涵和外延不清晰，众说纷纭，百人百议。苹果CEO库克在接受《时代》周刊杂志的采访时，被记者问到“你所说的就是所谓的元宇宙吗？”他回答说：不，我们只是叫它增强现实（AR）。有网友指出，“元宇宙这玩意，过去搞游戏和视频内容的叫AR/VR，搞工业软件仿真和设计的叫数字孪生，搞社交的叫虚拟社区，现在又加入一点区块链和数字艺术品后，被炒作成了一个谁也说不清的高大上的新词元宇宙，真有点扯淡……”元宇宙作为一个概念先行的事物，市场以及相关企业是布局元宇宙的重要力量，但过度对元宇宙进行捏造、吹嘘乃至于魔化，不免带偏元宇宙的发展方向，陷入万物皆可元宇宙的戏谑性资本的现实狂欢。要完全实现元宇宙可能需要等待数年的时间和数十亿美元的投入。Facebook在技术上投入了大量资金，例如Portal视频通话设备、Oculus头盔和Horizon虚拟现实平台。Facebook也拥有每天10亿人登录的巨大优势，如果扎克伯格选择提供元宇宙娱乐服务，他很难不成功。但扎克伯格也承认，现有的虚拟现实头盔“有点笨重”，离他所描述的元宇宙体现还距离很遥远。相对于社交媒体，元宇宙的技术提升仅仅是通过虚拟现实技术将主要的文字和音视频的互联网变成了用户可以全身心参与的“具身互联网”，但其商业模式并不会有根本的变化——从个人网页转变为“个人具身存在的家”，社交媒体平台变成“一个具身参与的公共空间”。因此，元宇宙仍然将涉及用户隐私这一“基本人权”问题。元宇宙被视作一种未来媒介，可以帮助人类打破既有的社会性实践疆界，这样的论断对技术的发展抱以乐观的想象，但是实际上，网络的电子边疆与领网主权同样值得关注，在看不见的元宇宙中，其空间的建构产品的生产必然是有着物理世界国族边疆的约束。从目前的发展上来看，国际企业与各大平台积极探索元宇宙产品，建立自身的元宇宙体系，微软、Meta、百度、腾讯等均开发出自己的元宇宙空间，每个空间都有自己独立的运营体系与规则内容，或者每个元宇宙对社交、游戏、商业等多领域的侧重点不同，人类又如何在众多的元宇宙空间中实现自由切换与无缝衔接，“开放世界”的理念其实仅仅是对用户层面开放，作为规则制定者的跨国企业之间实现完全的开放、互联互通，目前来讲，存在巨大挑战。目前对元宇宙技术将带来一种什么样的未来，还存在不同意见。例如，刘慈欣先生认为，“人类面前有两条路。一条是向外，通往星辰大海；一条向内，通往虚拟现实。”前一条道路就是“飞船派”，志在探索广袤的宇宙世界，另一条就“元宇宙派”。元宇宙是极具诱惑、高度致幻的“精神鸦片”。但是，另一种观点则则认为，元宇宙虽然也耗费资源，但开发外太空更耗资巨大且看不到未来，美苏太空计划就是先例。向内或向外并不矛盾，不必以向外来反对向内。人类需要物质资源，也需要学习、工作、沟通、娱乐和治疗等，而元宇宙都能在其中发挥作用。但无论对元宇宙持悲观还会乐观态度，如果它们都过于极端的话，其底色都是一种“技术决定论”，差别仅仅在于悲观者认为元宇宙会将人类带入异托邦，乐观者认为它会将人类带入乌托邦。这都是不够公允的态度。对包括元宇宙在内的技术我们都可以保持审慎乐观。2021年被称为元宇宙元年，元宇宙在技术层面的关键词是颠覆与变革，在社会层面的关键词则是创新与想象，也为反思人与媒介、人与技术之间的关系提供了契机。但是资本的介入也让元宇宙这一概念充满了炒作争议。对于这样的新事物，如何正确被认识还需要一定的发展时间。","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052638201,"gmtCreate":1655166834803,"gmtModify":1676535573405,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"like that they picked Adobe.&nbsp;","listText":"like that they picked Adobe.&nbsp;","text":"like that they picked Adobe.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052638201","repostId":"2243698500","repostType":2,"repost":{"id":"2243698500","kind":"highlight","pubTimestamp":1655146700,"share":"https://ttm.financial/m/news/2243698500?lang=&edition=fundamental","pubTime":"2022-06-14 02:58","market":"us","language":"en","title":"Chuck Akre’s ‘Three-Legged Stool’ Approach and His Top 10 Stock Picks","url":"https://stock-news.laohu8.com/highlight/detail?id=2243698500","media":"Insider Monkey","summary":"In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analys","content":"<html><body><p><span>In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analysis of Akre’s “three-legged stool” approach and go directly to </span><b>Chuck Akre’s Top 5 Stock Picks</b><span>.</span></p>\n<p><span>Charles T. “Chuck” Akre is a US-born money manager who founded Akre Capital Management in 1989 which, as of the first quarter of 2022, has $14.6 billion worth of assets under management. </span></p>\n<p><span>Akre was raised in Washington D.C. and graduated from Blair Academy. He originally planned to get into a medical school but later decided against it and switched to securities business in 1968. </span></p>\n<h3><b>Investment Philosophy of Chuck Akre</b></h3>\n<blockquote>\n<p><i><span>“People say the market is overvalued but if you only look at certain names, you will always find times when those names are undervalued. That’s what we’re waiting for.”</span></i></p>\n<p><em>Akre</em></p>\n</blockquote>\n<p><span>Akre describes himself as a value-oriented investor who bets on undervalued and strong companies. His fund’s stated goal is to compound their clients’ capital at an above average rate while incurring below average level of risk.</span></p>\n<p><span>At the core of his investment philosophy sits the observation that </span><span>the average stock market return in the U.S. for the last century is 10%. The figure roughly correlates with the rate of return on the owner’s capital and also with the growth in a typical company’s Book Value Per Share (BVPS).</span></p>\n<p><span>Akre and his team posit that their return on an asset would consequently be roughly equal to the return on owner’s capital given constant valuation and absent any distributions. This is where the three-legged stool approach comes in, a valuation metaphor used by Charles Akre to identify companies that bring above average returns on owner’s capital. </span></p>\n<h3><b>Three-Legged Stool Approach</b></h3>\n<p><span>Charles Akre’s three-legged stool metaphor is a reference to the milking stool he keeps in his office as a symbol of his investment style. He describes the metaphor as the essence of his investment philosophy and explains that the three legs represent the three metrics he looks for in a company, namely, excellent business models that bring good rates of return, talented management and reinvestment opportunities.</span></p>\n<p><span>He states that stocks that possess all three of these characteristics are “compounding machines” but are rare to find and should be bought at discount-prices relative to the cash flows generated by these companies. </span></p>\n<p><span>Akre believes that investors that look for these three fundamentals are as financially secure as a person sitting on a milking stool that is close to the ground so they won’t hurt themselves if the stool flipped over. </span></p>\n<h3><b>Akre Capital Management</b></h3>\n<p><span>Akre Capital Management is diversified mainly in services, technology, financial and conglomerate equity securities. The fund holds securities for a long duration in order to extract the benefits of compounding. </span></p>\n<p><span>Akre Capital Management discussed some of its top positions in companies like Mastercard Incorporated (NYSE:</span><span>MA</span><span>), <a href=\"https://laohu8.com/S/V\">Visa</a> Inc. (NYSE:</span><span>V</span><span>) and Moody’s Corporation (NYSE:</span><span>MCO</span><span>) in the fund’s Q4, 2021 investor letter. </span><span>Here</span><span> is what it said.</span></p>\n<blockquote>\n<p><span>“Each calendar year’s results become its own unit of record. The year 2021 was additive to our long-term record of compounding, for which we are grateful. But compounding does not, and cannot, happen over the course of a year or two or even five. Compounding requires decades. Our approach strives to match, as closely as we can, the durability of the Fund’s investments with the duration necessary for compounding to work. Accordingly, we are not frequent “lane changers” when it comes to investing. But, every year in the life of a mutual fund has its points of interest, and 2021 was no exception. From our perspective, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the interesting aspects of 2021 were “headwinds” presented by the share price movements of three of our top-five holdings. Specifically, as of December 31, 2020, the five largest positions in the Fund were Mastercard, Moody’s, American <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>, Visa, and CoStar Group. Combined, Mastercard, Visa, and CoStar Group represented 24.4% of net assets at the start of 2021, or nearly one quarter of the portfolio. In 2021, the net contribution from these three names to the Fund’s total return was negative 0.5%. Despite the share price performance of these three top holdings, the Fund’s resulting performance was, to us, a notable positive for the year.”</span></p>\n</blockquote>\n<p><span>The hedge fund returned 24.5% in 2021, 4 percentage points behind the total annual return of the S &amp; P 500 index for the same year.</span></p>\n<p><span>With that said, we now move to Chuck Akre’s top 10 stock picks. </span></p>\n<img and=\"\" approach=\"\" height=\"600\" his=\"\" picks=\"\" src=\"https://s1.yimg.com/uu/api/res/1.2/B6Es0RxpcXTKzNX.qrh4ng--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/0087c09d1c1190fabdb133a9ffbd59bd\" stock=\"\" stool=\"\" three-legged=\"\" top=\"\" width=\"473\"/> Charles Akre of Akre Capital Management \n<h3><b><i>Our Methodology</i></b></h3>\n<p><span>We’ve acquired the information from Akre Capital Management’s 13F portfolio as of the first quarter of 2022 to write about Chuck Akre’s top 10 stock picks.</span></p>\n<h3><b>10. CarMax, Inc. (NYSE:</b><b>KMX</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $708 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 4.82%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 27</i></b></p>\n<p><span>CarMax, Inc. (NYSE:KMX) is a US based, used-vehicle retailer with 225 business locations in the country as of 2021. Akre Capital Management is the leading stakeholder in the company with an equity worth $708 million as of the first quarter of 2022. It comes in at number 10 in Charles “Chuck” Akre’s top 10 stock picks.</span></p>\n<p><span>CarMax, Inc. (NYSE:KMX) beat consensus estimates on revenue in its quarterly filings of Q1, 2022, by $111 million with a revenue of $7.7 billion but missed the analysts’ EPS estimate of $1.28 by $0.30. </span></p>\n<p><span>On April 13, RBC Capital analyst Steven Shemesh lowered the price target on CarMax, Inc. (NYSE:KMX) to $104 from $140 and kept an ‘Outperform’ rating on the stock. The analyst said that the company's short-term outlook remains somewhat challenging as new car availability and other macroeconomic headwinds will inevitably put pressure on used-vehicles retail and pricings but added that CarMax, Inc. (NYSE:KMX) is likely to remain a “consistent share gainer\" in a highly fragmented sector. </span></p>\n<p><span>Akre Capital Management has a relatively smaller share in CarMax, Inc. (NYSE:KMX) compared to its stakes in Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).</span></p>\n<p><span>Fiduciary Management</span><span> published its “Large Cap Equity Fund” investor letter of the first quarter of 2022 and discussed CarMax, Inc. (NYSE:KMX) at length. </span><span>Here</span><span> is what it said: </span></p>\n<blockquote>\n<p><span>“CarMax, headquartered in Richmond, VA, is the largest and most profitable used car retailer in the U.S., selling a combined 1.596 million used vehicles annually through retail and wholesale channels across its 226 stores and omni-channel platform. The company has just 4% of a huge $750 billion market. It operates across two segments, CarMax Sales Operation and CarMax Auto Finance (CAF), together covering all aspects of auto merchandising, service, and financing. By segment, the profit is also split into CarMax Sales Operations (80%) and CAF (20%).</span><span>5</span><span> CarMax Sales Operation has three primary sources of revenue: Used (78% of sales and 63% of segment gross profit), Wholesale (19% of sales and 21% of segment gross profit), and Other (3% of sales and 16% of segment gross profit).</span></p>\n<h3><b>Good Business</b></h3>\n<p><span>The CarMax brand stands for providing a large selection of high-quality used vehicles at fair prices, and it has earned the trust of customers since beginning operations nearly 30 years ago.</span></p>\n<p><span>The company has demonstrated consistent growth and leading profitability in one of the largest retail markets in the world ($750 billion). Sales and earnings per share (EPS) have grown at +8% and +11% annually over the last decade, with return on equity averaging approximately 20%…” (</span><span>Click here to see the full text</span><span>)</span></p>\n</blockquote>\n<h3><b>9. <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc. (NASDAQ:</b><b>ADBE</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $714 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 4.86%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 93</i></b></p>\n<p><span>Adobe Inc. (NASDAQ:ADBE) is a software technology company based in the US. It is involved in the SaaS business, with its Photoshop software being the most popular across the world. </span></p>\n<p><span>Fisher Asset Management</span><span> holds the most shares in Adobe Inc. (NASDAQ:ADBE), with its stake valued at almost $3 billion as of the first quarter of 2022. Akre Capital Management, on the other hand, holds an equity of $714 million in the company. </span></p>\n<p><span>On June 10, Mizuho analyst, Gregg Moskowitz lowered the price target on Adobe Inc. (NASDAQ:ADBE) to $530 from $600 but kept a ‘Buy’ rating on the stock ahead of the software company's fiscal quarterly results on June 16. Moskowitz told investors in a research note that despite a higher level of macroeconomic uncertainty, Adobe channel checks \"were surprisingly somewhat better this quarter\". The analyst expects Adobe Inc. (NASDAQ:ADBE) to report \"solid upside\" to Street estimates and appreciates the stock's risk/reward at current share-levels. </span></p>\n<p><span>Polen Capital, an investment firm, published its “Polen Global Growth Fund” investor letter of Q1, 2022 and discussed Adobe’s capital compounding. </span><span>Here</span><span> is what they said:</span></p>\n<blockquote>\n<p><span>“Adobe is a prime example of the COVID-19 air pocket. Adobe continues to compound capital at high rates and exhibit increasing returns to scale. In the case of Adobe, reported growth appears to have decelerated significantly. However, when accounting for foreign exchange impacts and for their fiscal year 2021 having 53 weeks, the adjusted revenue growth was 17% year over year, which is fully in line with their typical growth rates. The 53rd week of the fiscal year 2021 added $267m to total revenue, creating an eight-percentage point difference in reported and adjusted revenue growth. We applaud management’s recent roll- out of Creative Cloud Express to tap into the non-professional market, as well as increasing price in 2022, which we expect to materialize in the back half of the year.”</span></p>\n</blockquote>\n<h3><b>8. Brookfield Asset Management Inc. (NYSE:</b><b>BAM</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $742.6 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 5%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 35</i></b></p>\n<p><span>Brookfield Asset Management Inc. (NYSE:BAM) is one of the largest alternative-investment-management corporations in the world, headquartered in Toronto, Canada. </span><span>Brookfield Asset Management Inc. (NYSE:BAM) took analysts by surprise in its Q1, 2022 securities filings with a revenue of $22.7 billion, above consensus by $4 billion. </span></p>\n<p><span>On May 20, RBC Capital analyst Geoffrey Kwan lowered the price target on Brookfield Asset Management Inc. (NYSE:BAM) to $68 from $72 and kept an ‘Outperform’ rating on the stock. </span></p>\n<p><span>Brookfield Asset Management Inc. (NYSE:BAM) has an annual dividend yield of 1.19% as of June 10 and is set to pay the second quarter dividends on June 30 at $0.14 per share. The company has been growing the dividend for 12 consecutive years and has a sustainable dividend payout ratio of 23%.</span></p>\n<p><span>Akre Capital Management is the second most bullish hedge fund on Brookfield Asset Management Inc. (NYSE:BAM) after </span><span>Viking Global</span><span>, which has a stake of $922 million in the company.</span></p>\n<p><span>Aristotle Capital Management</span><span> discussed Brookfield Asset Management Inc. (NYSE:BAM) in their “Global Equity Fund” investor letter of Q1, 2022. </span><span>Here</span><span> is what they said:  </span></p>\n<blockquote>\n<p><span>“Canada-based Brookfield Asset Management is one of the largest and most diversified private market investors in the world. With $690 billion in assets under management (AUM), Brookfield is an owner and operator of infrastructure (19% of fee-earning AUM), real estate (17%), renewable energy (15%), private equity (6%), public securities (4%) and, more recently, credit (39%) by acquiring a majority interest in Oaktree Capital Management. In addition to managing client assets, it invests capital from its own balance sheet alongside outside investors. And though Brookfield is a new purchase for our Global Equity portfolios, we have been owners of Brookfield in our International Equity portfolios for more than a decade.</span></p>\n<p><span>Brookfield has a differentiated investing approach from many by taking on the challenge of improving operations at the companies it owns, with less of an emphasis on altering capital structures. The investments Brookfield targets are ones they consider to be high-quality assets under the surface but have otherwise run into significant operational headwinds, such as poor management or tough industry dynamics. This can allow Brookfield to purchase assets at attractive valuations and subsequently work to improve them operationally.</span></p>\n<p><span>The foundation of Brookfield’s investing platform is traditional private drawdown funds from which it earns management and performance fees. In addition, Brookfield has partial ownership in four publicly traded investment vehicles from which it earns fees for managing the investments and pro-rata distributions of corporate profits.</span></p>\n<p><i><span>High-Quality Business</span></i></p>\n<p><span>Some of the quality characteristics we have identified for Brookfield include:</span></p>\n<ul>\n<li><span>Strong positioning from its scale and brand power, being either a leader in its respective asset classes (real estate, infrastructure, renewable energy, distressed credit) or nimble enough in more competitive markets to meaningfully expand (private equity);</span></li>\n<li><span>Skilled management with a long history of operating expertise, which we view as a competitive advantage in bidding for deals and generating superior investment returns; and</span></li>\n<li><span>Demonstrated, stable cash flows from long-term fee streams, as more than half of its capital is locked up for more than 10 years.</span></li>\n</ul>\n<p><i><span>Attractive Valuation</span></i></p>\n<p><span>Shares of Brookfield are priced at a discount relative to our estimates of intrinsic value. On a normalized basis, it is our view that earnings will be greater than what is currently assumed by the market.</span></p>\n<p><i><span>Compelling Catalysts</span></i></p>\n<p><span>Catalysts we have identified for Brookfield, which we believe will cause its stock price to appreciate over our three- to five- year investment horizon, include:</span></p>\n</blockquote>\n<ul>\n<li>\n<blockquote>\n<span>Owing to its quality assets and efficiently run structure, Brookfield is well-situated to take advantage of the continued institutional shift toward real assets;</span>\n</blockquote> </li>\n<li>\n<blockquote>\n<span>High demand for capital in renewable energy feeds into Brookfield’s competencies and market position. Very few competitors have both the scale and expertise to capitalize on this trend;</span>\n</blockquote> </li>\n<li>\n<blockquote>\n<span>Brookfield’s recognized leadership and experience investing in infrastructure can provide a strong competitive advantage to bid and operate assets that are increasingly sold by governments to pay down debt; and</span>\n</blockquote> </li>\n<li>\n<blockquote>\n<span>Improved penetration in retail channels, as Brookfield’s scale can provide a distinct advantage in this still largely untapped market for alternative managers.”</span>\n</blockquote> </li>\n</ul>\n<h3><b>7. Roper Technologies, Inc. (NYSE:</b><b>ROP</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $784 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 5.3%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 38</i></b></p>\n<p><span>Roper Technologies, Inc. (NYSE:ROP) is a diversified corporation serving customers in over 100 countries. It comes in at number 7 in Akre’s top 10 stock picks. The ROP conglomerate has four lines of business. These include industrial technology, scientific imaging, radio-frequency technology and energy systems. </span></p>\n<p><span>The stock currently has a consensus ‘Buy’ rating based on 7 analyst opinions at Wall Street. Roper Technologies, Inc. (NYSE:ROP) beat consensus estimates on revenue by $42 million in its Q1, 2022 results.</span></p>\n<p><span>On May 24, Barclays analyst Julian Mitchell lowered the price target on Roper Technologies, Inc. (NYSE:ROP) to $500 from $557 and kept an ‘Overweight’ rating on the stock. The analyst argued that risk/reward profiles are improving for the multi-sector industry. </span></p>\n<p><span>Roper Technologies, Inc. (NYSE:ROP) is a multi-sector company unlike some other stocks in Akre Capital Management portfolio like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).</span></p>\n<p><span>Baron Funds, an asset management firm, </span><span>discussed</span><span> Roper Technologies, Inc. (NYSE:ROP) in its Q1, 2022 investor letter titled, “Baron Asset Funds”. Here is what the letter said:</span></p>\n<blockquote>\n<p><span>“Outperformance of the Fund’s investments in Communication Services, Financials, and Industrials and lower exposure to the lagging Consumer Discretionary sector added the most value. Strength in Industrials was driven by diversified technology company Roper Technologies Inc. (NYSE:ROP). Roper’s stock held up better than the broader market after its fiscal year 2022 guidance exceeded Wall Street expectations.”</span></p>\n</blockquote>\n<h3><b>6. KKR &amp; Co. Inc. (NYSE:</b><b>KKR</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $869 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 5.9%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 54</i></b></p>\n<p><span>KKR &amp; Co. Inc. (NYSE:KKR) is another alternative-investment-management company in Chuck Akre’s top 10 stock picks. </span></p>\n<p><span>On May 19, Deutsche Bank analyst Brian Bedell lowered the price target on KKR &amp; Co. Inc. (NYSE:KKR) to $79 from $81 and kept a ‘Buy’ rating on the stock. Bedell told investors in a research note that equity market decline has created fresh opportunities for buying asset management securities. He further added that stocks are pricing in a 55% chance of recession, making the risk/return for a 12-18 month holding period across most of the group \"very attractive.\"</span></p>\n<p><span>Like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO), KKR &amp; Co. Inc. (NYSE:KKR) is another finance stock in Akre Capital Management’s portfolio.</span></p>\n<p><span>Vulcan Value Partners</span><span> talked about KKR &amp; Co. Inc. (NYSE:KKR) in their Q1, 2022 investor letter. </span><span>Here</span><span> is what was said:</span></p>\n<blockquote>\n<p><span>“KKR &amp; Co. Inc. is a global investment firm that manages multiple alternative asset classes. The company’s operating profits grew approximately 45% during the fourth quarter of 2021 and roughly 55% for the year. In contrast, its stock price declined over 20% during the quarter. KKR generates robust free cash flow, and its value growth has been strong throughout the last year. It is unclear to us why KKR’s stock price has declined. However, we feel the company is positioned for long-term success and are pleased to own it with a discount to our estimate of its intrinsic value.”</span></p>\n</blockquote>   \n<p><strong>To see rest of the stocks in this list click to continue reading and see Chuck Akre's Top 5 Stock Picks.</strong></p>     \n<p> Suggested articles:</p>\n<ul>\n<li>Jim Simons' Portfolio in 2022: Top 10 Stock Picks</li>\n<li>Top 10 Stock Picks of Frank Fu's CaaS Capital</li>\n<li>Top 10 Stock Picks of Eli Cohen's Crescent Park Management</li>\n</ul> Disclosure: none. \n<strong>Chuck Akre's \"three-legged stool\" Approach and His Top 10 Stock Picks</strong> is originally published on Insider Monkey.</body></html>","source":"yahoofinance","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>Chuck Akre’s ‘Three-Legged Stool’ Approach and His Top 10 Stock Picks</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\">\nChuck Akre’s ‘Three-Legged Stool’ Approach and His Top 10 Stock Picks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 02:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chuck-akre-three-legged-stool-185820445.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analysis of Akre’s “three-legged stool” approach and go directly to Chuck Akre’s Top 5 Stock Picks.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/chuck-akre-three-legged-stool-185820445.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/jM6f2S7PTaZLrYiw4dzIdw--~B/aD02MDA7dz00NzM7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/1xa8YzVNvNc5kdTgnGglIg--~B/aD02MDA7dz00NzM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/insidermonkey.com/0087c09d1c1190fabdb133a9ffbd59bd","relate_stocks":{"HCTI":"Healthcare Triangle, Inc.","BK4581":"高盛持仓","BK4135":"资产管理与托管银行","BK4183":"个人用品","BK4209":"餐馆","BK4112":"金融交易所和数据","BOLT":"Bolt Biotherapeutics, Inc.","ROP":"儒博实业","BK4548":"巴美列捷福持仓","KMX":"车美仕","CAF":"摩根史坦利中国A股指数基金","BAM":"布鲁克菲尔德资产管理","BK4528":"SaaS概念","BK4539":"次新股","BK4106":"数据处理与外包服务","BK4023":"应用软件","MA":"万事达","BK4554":"元宇宙及AR概念","BK4191":"家用电器","BK4567":"ESG概念","OLPX":"Olaplex Holdings, Inc.","BK4214":"汽车零售","BK4534":"瑞士信贷持仓","BK4139":"生物科技","BK4533":"AQR资本管理(全球第二大对冲基金)","ADBE":"Adobe","BK4007":"制药","BK4566":"资本集团","BK4206":"工业集团企业","BK4535":"淡马锡持仓","BK4167":"医疗保健技术","KKR":"KKR & Co L.P.","BK4527":"明星科技股","BK4559":"巴菲特持仓","CRCT":"Cricut, Inc.","V":"Visa","MCO":"穆迪","FWRG":"First Watch Restaurant Group, Inc.","TERN":"Terns Pharmaceuticals, Inc."},"source_url":"https://finance.yahoo.com/news/chuck-akre-three-legged-stool-185820445.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2243698500","content_text":"In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analysis of Akre’s “three-legged stool” approach and go directly to Chuck Akre’s Top 5 Stock Picks.\nCharles T. “Chuck” Akre is a US-born money manager who founded Akre Capital Management in 1989 which, as of the first quarter of 2022, has $14.6 billion worth of assets under management. \nAkre was raised in Washington D.C. and graduated from Blair Academy. He originally planned to get into a medical school but later decided against it and switched to securities business in 1968. \nInvestment Philosophy of Chuck Akre\n\n“People say the market is overvalued but if you only look at certain names, you will always find times when those names are undervalued. That’s what we’re waiting for.”\nAkre\n\nAkre describes himself as a value-oriented investor who bets on undervalued and strong companies. His fund’s stated goal is to compound their clients’ capital at an above average rate while incurring below average level of risk.\nAt the core of his investment philosophy sits the observation that the average stock market return in the U.S. for the last century is 10%. The figure roughly correlates with the rate of return on the owner’s capital and also with the growth in a typical company’s Book Value Per Share (BVPS).\nAkre and his team posit that their return on an asset would consequently be roughly equal to the return on owner’s capital given constant valuation and absent any distributions. This is where the three-legged stool approach comes in, a valuation metaphor used by Charles Akre to identify companies that bring above average returns on owner’s capital. \nThree-Legged Stool Approach\nCharles Akre’s three-legged stool metaphor is a reference to the milking stool he keeps in his office as a symbol of his investment style. He describes the metaphor as the essence of his investment philosophy and explains that the three legs represent the three metrics he looks for in a company, namely, excellent business models that bring good rates of return, talented management and reinvestment opportunities.\nHe states that stocks that possess all three of these characteristics are “compounding machines” but are rare to find and should be bought at discount-prices relative to the cash flows generated by these companies. \nAkre believes that investors that look for these three fundamentals are as financially secure as a person sitting on a milking stool that is close to the ground so they won’t hurt themselves if the stool flipped over. \nAkre Capital Management\nAkre Capital Management is diversified mainly in services, technology, financial and conglomerate equity securities. The fund holds securities for a long duration in order to extract the benefits of compounding. \nAkre Capital Management discussed some of its top positions in companies like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO) in the fund’s Q4, 2021 investor letter. Here is what it said.\n\n“Each calendar year’s results become its own unit of record. The year 2021 was additive to our long-term record of compounding, for which we are grateful. But compounding does not, and cannot, happen over the course of a year or two or even five. Compounding requires decades. Our approach strives to match, as closely as we can, the durability of the Fund’s investments with the duration necessary for compounding to work. Accordingly, we are not frequent “lane changers” when it comes to investing. But, every year in the life of a mutual fund has its points of interest, and 2021 was no exception. From our perspective, one of the interesting aspects of 2021 were “headwinds” presented by the share price movements of three of our top-five holdings. Specifically, as of December 31, 2020, the five largest positions in the Fund were Mastercard, Moody’s, American Tower, Visa, and CoStar Group. Combined, Mastercard, Visa, and CoStar Group represented 24.4% of net assets at the start of 2021, or nearly one quarter of the portfolio. In 2021, the net contribution from these three names to the Fund’s total return was negative 0.5%. Despite the share price performance of these three top holdings, the Fund’s resulting performance was, to us, a notable positive for the year.”\n\nThe hedge fund returned 24.5% in 2021, 4 percentage points behind the total annual return of the S & P 500 index for the same year.\nWith that said, we now move to Chuck Akre’s top 10 stock picks. \n Charles Akre of Akre Capital Management \nOur Methodology\nWe’ve acquired the information from Akre Capital Management’s 13F portfolio as of the first quarter of 2022 to write about Chuck Akre’s top 10 stock picks.\n10. CarMax, Inc. (NYSE:KMX)\nAkre Capital Management’s Stake Value: $708 million\nPercentage of Akre Capital Management’s Portfolio: 4.82%\nNumber of Total Hedge Fund Holders: 27\nCarMax, Inc. (NYSE:KMX) is a US based, used-vehicle retailer with 225 business locations in the country as of 2021. Akre Capital Management is the leading stakeholder in the company with an equity worth $708 million as of the first quarter of 2022. It comes in at number 10 in Charles “Chuck” Akre’s top 10 stock picks.\nCarMax, Inc. (NYSE:KMX) beat consensus estimates on revenue in its quarterly filings of Q1, 2022, by $111 million with a revenue of $7.7 billion but missed the analysts’ EPS estimate of $1.28 by $0.30. \nOn April 13, RBC Capital analyst Steven Shemesh lowered the price target on CarMax, Inc. (NYSE:KMX) to $104 from $140 and kept an ‘Outperform’ rating on the stock. The analyst said that the company's short-term outlook remains somewhat challenging as new car availability and other macroeconomic headwinds will inevitably put pressure on used-vehicles retail and pricings but added that CarMax, Inc. (NYSE:KMX) is likely to remain a “consistent share gainer\" in a highly fragmented sector. \nAkre Capital Management has a relatively smaller share in CarMax, Inc. (NYSE:KMX) compared to its stakes in Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).\nFiduciary Management published its “Large Cap Equity Fund” investor letter of the first quarter of 2022 and discussed CarMax, Inc. (NYSE:KMX) at length. Here is what it said: \n\n“CarMax, headquartered in Richmond, VA, is the largest and most profitable used car retailer in the U.S., selling a combined 1.596 million used vehicles annually through retail and wholesale channels across its 226 stores and omni-channel platform. The company has just 4% of a huge $750 billion market. It operates across two segments, CarMax Sales Operation and CarMax Auto Finance (CAF), together covering all aspects of auto merchandising, service, and financing. By segment, the profit is also split into CarMax Sales Operations (80%) and CAF (20%).5 CarMax Sales Operation has three primary sources of revenue: Used (78% of sales and 63% of segment gross profit), Wholesale (19% of sales and 21% of segment gross profit), and Other (3% of sales and 16% of segment gross profit).\nGood Business\nThe CarMax brand stands for providing a large selection of high-quality used vehicles at fair prices, and it has earned the trust of customers since beginning operations nearly 30 years ago.\nThe company has demonstrated consistent growth and leading profitability in one of the largest retail markets in the world ($750 billion). Sales and earnings per share (EPS) have grown at +8% and +11% annually over the last decade, with return on equity averaging approximately 20%…” (Click here to see the full text)\n\n9. Adobe Inc. (NASDAQ:ADBE)\nAkre Capital Management’s Stake Value: $714 million\nPercentage of Akre Capital Management’s Portfolio: 4.86%\nNumber of Total Hedge Fund Holders: 93\nAdobe Inc. (NASDAQ:ADBE) is a software technology company based in the US. It is involved in the SaaS business, with its Photoshop software being the most popular across the world. \nFisher Asset Management holds the most shares in Adobe Inc. (NASDAQ:ADBE), with its stake valued at almost $3 billion as of the first quarter of 2022. Akre Capital Management, on the other hand, holds an equity of $714 million in the company. \nOn June 10, Mizuho analyst, Gregg Moskowitz lowered the price target on Adobe Inc. (NASDAQ:ADBE) to $530 from $600 but kept a ‘Buy’ rating on the stock ahead of the software company's fiscal quarterly results on June 16. Moskowitz told investors in a research note that despite a higher level of macroeconomic uncertainty, Adobe channel checks \"were surprisingly somewhat better this quarter\". The analyst expects Adobe Inc. (NASDAQ:ADBE) to report \"solid upside\" to Street estimates and appreciates the stock's risk/reward at current share-levels. \nPolen Capital, an investment firm, published its “Polen Global Growth Fund” investor letter of Q1, 2022 and discussed Adobe’s capital compounding. Here is what they said:\n\n“Adobe is a prime example of the COVID-19 air pocket. Adobe continues to compound capital at high rates and exhibit increasing returns to scale. In the case of Adobe, reported growth appears to have decelerated significantly. However, when accounting for foreign exchange impacts and for their fiscal year 2021 having 53 weeks, the adjusted revenue growth was 17% year over year, which is fully in line with their typical growth rates. The 53rd week of the fiscal year 2021 added $267m to total revenue, creating an eight-percentage point difference in reported and adjusted revenue growth. We applaud management’s recent roll- out of Creative Cloud Express to tap into the non-professional market, as well as increasing price in 2022, which we expect to materialize in the back half of the year.”\n\n8. Brookfield Asset Management Inc. (NYSE:BAM)\nAkre Capital Management’s Stake Value: $742.6 million\nPercentage of Akre Capital Management’s Portfolio: 5%\nNumber of Total Hedge Fund Holders: 35\nBrookfield Asset Management Inc. (NYSE:BAM) is one of the largest alternative-investment-management corporations in the world, headquartered in Toronto, Canada. Brookfield Asset Management Inc. (NYSE:BAM) took analysts by surprise in its Q1, 2022 securities filings with a revenue of $22.7 billion, above consensus by $4 billion. \nOn May 20, RBC Capital analyst Geoffrey Kwan lowered the price target on Brookfield Asset Management Inc. (NYSE:BAM) to $68 from $72 and kept an ‘Outperform’ rating on the stock. \nBrookfield Asset Management Inc. (NYSE:BAM) has an annual dividend yield of 1.19% as of June 10 and is set to pay the second quarter dividends on June 30 at $0.14 per share. The company has been growing the dividend for 12 consecutive years and has a sustainable dividend payout ratio of 23%.\nAkre Capital Management is the second most bullish hedge fund on Brookfield Asset Management Inc. (NYSE:BAM) after Viking Global, which has a stake of $922 million in the company.\nAristotle Capital Management discussed Brookfield Asset Management Inc. (NYSE:BAM) in their “Global Equity Fund” investor letter of Q1, 2022. Here is what they said:  \n\n“Canada-based Brookfield Asset Management is one of the largest and most diversified private market investors in the world. With $690 billion in assets under management (AUM), Brookfield is an owner and operator of infrastructure (19% of fee-earning AUM), real estate (17%), renewable energy (15%), private equity (6%), public securities (4%) and, more recently, credit (39%) by acquiring a majority interest in Oaktree Capital Management. In addition to managing client assets, it invests capital from its own balance sheet alongside outside investors. And though Brookfield is a new purchase for our Global Equity portfolios, we have been owners of Brookfield in our International Equity portfolios for more than a decade.\nBrookfield has a differentiated investing approach from many by taking on the challenge of improving operations at the companies it owns, with less of an emphasis on altering capital structures. The investments Brookfield targets are ones they consider to be high-quality assets under the surface but have otherwise run into significant operational headwinds, such as poor management or tough industry dynamics. This can allow Brookfield to purchase assets at attractive valuations and subsequently work to improve them operationally.\nThe foundation of Brookfield’s investing platform is traditional private drawdown funds from which it earns management and performance fees. In addition, Brookfield has partial ownership in four publicly traded investment vehicles from which it earns fees for managing the investments and pro-rata distributions of corporate profits.\nHigh-Quality Business\nSome of the quality characteristics we have identified for Brookfield include:\n\nStrong positioning from its scale and brand power, being either a leader in its respective asset classes (real estate, infrastructure, renewable energy, distressed credit) or nimble enough in more competitive markets to meaningfully expand (private equity);\nSkilled management with a long history of operating expertise, which we view as a competitive advantage in bidding for deals and generating superior investment returns; and\nDemonstrated, stable cash flows from long-term fee streams, as more than half of its capital is locked up for more than 10 years.\n\nAttractive Valuation\nShares of Brookfield are priced at a discount relative to our estimates of intrinsic value. On a normalized basis, it is our view that earnings will be greater than what is currently assumed by the market.\nCompelling Catalysts\nCatalysts we have identified for Brookfield, which we believe will cause its stock price to appreciate over our three- to five- year investment horizon, include:\n\n\n\n\nOwing to its quality assets and efficiently run structure, Brookfield is well-situated to take advantage of the continued institutional shift toward real assets;\n \n\n\nHigh demand for capital in renewable energy feeds into Brookfield’s competencies and market position. Very few competitors have both the scale and expertise to capitalize on this trend;\n \n\n\nBrookfield’s recognized leadership and experience investing in infrastructure can provide a strong competitive advantage to bid and operate assets that are increasingly sold by governments to pay down debt; and\n \n\n\nImproved penetration in retail channels, as Brookfield’s scale can provide a distinct advantage in this still largely untapped market for alternative managers.”\n \n\n7. Roper Technologies, Inc. (NYSE:ROP)\nAkre Capital Management’s Stake Value: $784 million\nPercentage of Akre Capital Management’s Portfolio: 5.3%\nNumber of Total Hedge Fund Holders: 38\nRoper Technologies, Inc. (NYSE:ROP) is a diversified corporation serving customers in over 100 countries. It comes in at number 7 in Akre’s top 10 stock picks. The ROP conglomerate has four lines of business. These include industrial technology, scientific imaging, radio-frequency technology and energy systems. \nThe stock currently has a consensus ‘Buy’ rating based on 7 analyst opinions at Wall Street. Roper Technologies, Inc. (NYSE:ROP) beat consensus estimates on revenue by $42 million in its Q1, 2022 results.\nOn May 24, Barclays analyst Julian Mitchell lowered the price target on Roper Technologies, Inc. (NYSE:ROP) to $500 from $557 and kept an ‘Overweight’ rating on the stock. The analyst argued that risk/reward profiles are improving for the multi-sector industry. \nRoper Technologies, Inc. (NYSE:ROP) is a multi-sector company unlike some other stocks in Akre Capital Management portfolio like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).\nBaron Funds, an asset management firm, discussed Roper Technologies, Inc. (NYSE:ROP) in its Q1, 2022 investor letter titled, “Baron Asset Funds”. Here is what the letter said:\n\n“Outperformance of the Fund’s investments in Communication Services, Financials, and Industrials and lower exposure to the lagging Consumer Discretionary sector added the most value. Strength in Industrials was driven by diversified technology company Roper Technologies Inc. (NYSE:ROP). Roper’s stock held up better than the broader market after its fiscal year 2022 guidance exceeded Wall Street expectations.”\n\n6. KKR & Co. Inc. (NYSE:KKR)\nAkre Capital Management’s Stake Value: $869 million\nPercentage of Akre Capital Management’s Portfolio: 5.9%\nNumber of Total Hedge Fund Holders: 54\nKKR & Co. Inc. (NYSE:KKR) is another alternative-investment-management company in Chuck Akre’s top 10 stock picks. \nOn May 19, Deutsche Bank analyst Brian Bedell lowered the price target on KKR & Co. Inc. (NYSE:KKR) to $79 from $81 and kept a ‘Buy’ rating on the stock. Bedell told investors in a research note that equity market decline has created fresh opportunities for buying asset management securities. He further added that stocks are pricing in a 55% chance of recession, making the risk/return for a 12-18 month holding period across most of the group \"very attractive.\"\nLike Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO), KKR & Co. Inc. (NYSE:KKR) is another finance stock in Akre Capital Management’s portfolio.\nVulcan Value Partners talked about KKR & Co. Inc. (NYSE:KKR) in their Q1, 2022 investor letter. Here is what was said:\n\n“KKR & Co. Inc. is a global investment firm that manages multiple alternative asset classes. The company’s operating profits grew approximately 45% during the fourth quarter of 2021 and roughly 55% for the year. In contrast, its stock price declined over 20% during the quarter. KKR generates robust free cash flow, and its value growth has been strong throughout the last year. It is unclear to us why KKR’s stock price has declined. However, we feel the company is positioned for long-term success and are pleased to own it with a discount to our estimate of its intrinsic value.”\n   \nTo see rest of the stocks in this list click to continue reading and see Chuck Akre's Top 5 Stock Picks.     \n Suggested articles:\n\nJim Simons' Portfolio in 2022: Top 10 Stock Picks\nTop 10 Stock Picks of Frank Fu's CaaS Capital\nTop 10 Stock Picks of Eli Cohen's Crescent Park Management\n Disclosure: none. \nChuck Akre's \"three-legged stool\" Approach and His Top 10 Stock Picks is originally published on Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9056890907,"gmtCreate":1654993724709,"gmtModify":1676535542688,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Good stick to hedge inflation","listText":"Good stick to hedge inflation","text":"Good stick to hedge inflation","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9056890907","repostId":"2242335256","repostType":2,"repost":{"id":"2242335256","kind":"news","pubTimestamp":1654782090,"share":"https://ttm.financial/m/news/2242335256?lang=&edition=fundamental","pubTime":"2022-06-09 21:41","market":"us","language":"zh","title":"欧特克跌1.83% 股价跌破200美元大关","url":"https://stock-news.laohu8.com/highlight/detail?id=2242335256","media":"自选股智能写手","summary":"北京时间2022年06月09日21时41分，欧特克股票出现异动，股价大幅跳水1.83%。截至发稿，该股报200.00美元/股，成交量4.7139万股，换手率0.02%，振幅1.52%。最近的财报数据显示，该股实现营业收入11.64亿美元，净利润1.46亿美元，每股收益0.67美元，毛利10.37亿美元，市盈率90.60倍。欧特克股票所在的软件服务行业中，整体跌幅为0.87%。该公司在180个国家拥有超过400万付费用户。","content":"<html><body><article><p>北京时间2022年06月09日21时41分，<a href=\"https://laohu8.com/S/ADSK\">欧特克</a>（ADSK.us）股票出现异动，股价大幅跳水1.83%。截至发稿，该股报200.00美元/股，成交量4.7139万股，<span>换手率</span>0.02%，振幅1.52%。</p><p>最近的财报数据显示，该股实现<span>营业收入</span>11.64亿美元，<span>净利润</span>1.46亿美元，<span>每股收益</span>0.67美元，<span>毛利</span>10.37亿美元，市盈率90.60倍。</p><p>机构评级方面，在所有21家参与评级的机构中，71%的券商给予买入建议，24%的券商给予持有建议，5%的券商给予卖出建议。</p><p>欧特克股票所在的软件服务行业中，整体跌幅为0.87%。其相关个股中，<a href=\"https://laohu8.com/S/SWVL\">Swvl Holdings</a> Corp C/Wts 31/03/2027 (To Pur Com)、Wejo Group Ltd C/Wts 18/11/2026 (To Pur Com)、Couchbase Inc涨幅较大，<a href=\"https://laohu8.com/S/CYRN\">Cyren Ltd</a>、Heartcore Enterprises Inc、Seachange International Inc较为活跃，换手率分别为11.83%、7.48%、7.14%，振幅较大的相关个股有Swvl Holdings Corp C/Wts 31/03/2027 (To Pur Com)、<a href=\"https://laohu8.com/S/CETXW\">Cemtrex Inc</a> Pref Ser 1、Seachange International Inc，振幅分别为99.57%、14.89%、12.03%。</p><p>欧特克公司简介：欧特克软件有限公司成立于1982年，是一家应用软件公司，为建筑、工程和建筑、产品设计和制造、媒体和娱乐等行业提供服务。Autodesk软件支持这些行业的设计、建模和渲染需求。该公司在180个国家拥有超过400万付费用户。</p><p>（以上内容为自选股<a href=\"https://laohu8.com/S/5RE.SI\">智能</a>机器写手Money Call完成，仅作为用户看盘参考，不作为交易依据。）</p></article></body></html>","source":"tencent","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>欧特克跌1.83% 股价跌破200美元大关</title>\n<style 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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欧特克跌1.83% 股价跌破200美元大关\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-09 21:41 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20220609214131828a34c7&s=b><strong>自选股智能写手</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>北京时间2022年06月09日21时41分，欧特克（ADSK.us）股票出现异动，股价大幅跳水1.83%。截至发稿，该股报200.00美元/股，成交量4.7139万股，换手率0.02%，振幅1.52%。最近的财报数据显示，该股实现营业收入11.64亿美元，净利润1.46亿美元，每股收益0.67美元，毛利10.37亿美元，市盈率90.60倍。机构评级方面，在所有21家参与评级的机构中，71%的券商...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20220609214131828a34c7&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4534":"瑞士信贷持仓","BK4528":"SaaS概念","BK4566":"资本集团","ADSK":"欧特克","BK4554":"元宇宙及AR概念","BK4023":"应用软件"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN20220609214131828a34c7&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2242335256","content_text":"北京时间2022年06月09日21时41分，欧特克（ADSK.us）股票出现异动，股价大幅跳水1.83%。截至发稿，该股报200.00美元/股，成交量4.7139万股，换手率0.02%，振幅1.52%。最近的财报数据显示，该股实现营业收入11.64亿美元，净利润1.46亿美元，每股收益0.67美元，毛利10.37亿美元，市盈率90.60倍。机构评级方面，在所有21家参与评级的机构中，71%的券商给予买入建议，24%的券商给予持有建议，5%的券商给予卖出建议。欧特克股票所在的软件服务行业中，整体跌幅为0.87%。其相关个股中，Swvl Holdings Corp C/Wts 31/03/2027 (To Pur Com)、Wejo Group Ltd C/Wts 18/11/2026 (To Pur Com)、Couchbase Inc涨幅较大，Cyren Ltd、Heartcore Enterprises Inc、Seachange International Inc较为活跃，换手率分别为11.83%、7.48%、7.14%，振幅较大的相关个股有Swvl Holdings Corp C/Wts 31/03/2027 (To Pur Com)、Cemtrex Inc Pref Ser 1、Seachange International Inc，振幅分别为99.57%、14.89%、12.03%。欧特克公司简介：欧特克软件有限公司成立于1982年，是一家应用软件公司，为建筑、工程和建筑、产品设计和制造、媒体和娱乐等行业提供服务。Autodesk软件支持这些行业的设计、建模和渲染需求。该公司在180个国家拥有超过400万付费用户。（以上内容为自选股智能机器写手Money Call完成，仅作为用户看盘参考，不作为交易依据。）","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9059305770,"gmtCreate":1654300917290,"gmtModify":1676535426485,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"way to go is UP.&nbsp;","listText":"way to go is UP.&nbsp;","text":"way to go is UP.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9059305770","repostId":"2240027317","repostType":2,"repost":{"id":"2240027317","kind":"highlight","pubTimestamp":1654279478,"share":"https://ttm.financial/m/news/2240027317?lang=&edition=fundamental","pubTime":"2022-06-04 02:04","market":"us","language":"en","title":"StoneCo stock climbs after better-than-expected Q1 revenue, robust Q2 guidance","url":"https://stock-news.laohu8.com/highlight/detail?id=2240027317","media":"seekingalpha","summary":"nevarpp/iStock via Getty Images  StoneCo (NASDAQ:STNE) stock is rising 13% in Friday afternoon tradi","content":"<html><body><p><figure> <picture> <img height=\"931px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/611868428/image_611868428.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture> <figcaption><p>nevarpp/iStock via Getty Images</p></figcaption> </figure></p> <p><a href=\"https://laohu8.com/S/STNE\">StoneCo</a> (<span>NASDAQ:STNE</span>) stock is <span>rising 13%</span> in Friday afternoon trading after the Brazil-based fintech reported improved Q1 margins and better-than-expected revenue. </p> <p>Q1 MSMB total payment volume R$63.4B exceeded management's guidance of R$58.5B-R$60B, pointed out Evercore ISI analyst Sheriq<span> Sumar in a note to clients.</span></p> <p>Furthermore, Q2 guidance for total revenue and income at R$2.15B-R$2.20B came in 10%-14% higher than UBS's estimate, said UBS analyst Kaio Prato, who has a Neutral rating on the stock.</p> <p>Q1 pretax margins of 8% were in line with Evercore ISI's estimate but well ahead of the Street's 5% consensus said, Sumar wrote.</p> <p>The analyst, who has an In Line rating on StoneCo (STNE), is still cautious on the stock. \"While management continues to make significant strides in driving strong revenue growth and margin expansion, we still see a long way for a material rebound in profitability as headwinds from higher rates will continue to linger,\" Sumar said.</p> <p>Another factor that may be helping to bolster shares is that its the combined holdings of StoneCo's (STNE) co-founders is poised to drop to less than 50% of voting power, which the company reported on June 1. Co-founder Eduardo Pontes is leaving the board and wants to convert his interests in class B super-voting shares into class A shares directly owned by his family vehicles. That transaction is subject to approval by the Brazilian Central Bank.</p> <p>The company also announced on Thursday some new recruits to its management team. Marcus Fontoura, previously a corporate <a href=\"https://laohu8.com/S/VP..UK\">VP</a> at Microsoft, will join as chief technology officer. Osmar Castellani, formerly with Credit Suisse and Goldman Sachs, was named VP of finance of the software division; and Gregor Ilg, formerly with Santander Brasil, will join as head of credit business.</p> <p>After Thursday's market close StoneCo (STNE) Q1 results reflected margin recovery and its board approved a new incentive pool plan</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>StoneCo stock climbs after better-than-expected Q1 revenue, robust Q2 guidance</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\">\nStoneCo stock climbs after better-than-expected Q1 revenue, robust Q2 guidance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-04 02:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3845595-stoneco-stock-climbs-after-better-than-expected-q1-revenue-robust-q2-guidance><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>nevarpp/iStock via Getty Images  StoneCo (NASDAQ:STNE) stock is rising 13% in Friday afternoon trading after the Brazil-based fintech reported improved Q1 margins and better-than-expected revenue.  Q1...</p>\n\n<a href=\"https://seekingalpha.com/news/3845595-stoneco-stock-climbs-after-better-than-expected-q1-revenue-robust-q2-guidance\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc","STNE":"StoneCo"},"source_url":"https://seekingalpha.com/news/3845595-stoneco-stock-climbs-after-better-than-expected-q1-revenue-robust-q2-guidance","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2240027317","content_text":"nevarpp/iStock via Getty Images  StoneCo (NASDAQ:STNE) stock is rising 13% in Friday afternoon trading after the Brazil-based fintech reported improved Q1 margins and better-than-expected revenue.  Q1 MSMB total payment volume R$63.4B exceeded management's guidance of R$58.5B-R$60B, pointed out Evercore ISI analyst Sheriq Sumar in a note to clients. Furthermore, Q2 guidance for total revenue and income at R$2.15B-R$2.20B came in 10%-14% higher than UBS's estimate, said UBS analyst Kaio Prato, who has a Neutral rating on the stock. Q1 pretax margins of 8% were in line with Evercore ISI's estimate but well ahead of the Street's 5% consensus said, Sumar wrote. The analyst, who has an In Line rating on StoneCo (STNE), is still cautious on the stock. \"While management continues to make significant strides in driving strong revenue growth and margin expansion, we still see a long way for a material rebound in profitability as headwinds from higher rates will continue to linger,\" Sumar said. Another factor that may be helping to bolster shares is that its the combined holdings of StoneCo's (STNE) co-founders is poised to drop to less than 50% of voting power, which the company reported on June 1. Co-founder Eduardo Pontes is leaving the board and wants to convert his interests in class B super-voting shares into class A shares directly owned by his family vehicles. That transaction is subject to approval by the Brazilian Central Bank. The company also announced on Thursday some new recruits to its management team. Marcus Fontoura, previously a corporate VP at Microsoft, will join as chief technology officer. Osmar Castellani, formerly with Credit Suisse and Goldman Sachs, was named VP of finance of the software division; and Gregor Ilg, formerly with Santander Brasil, will join as head of credit business. After Thursday's market close StoneCo (STNE) Q1 results reflected margin recovery and its board approved a new incentive pool plan","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9023069820,"gmtCreate":1652837477260,"gmtModify":1676535172184,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Good info","listText":"Good info","text":"Good info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9023069820","repostId":"2236202208","repostType":2,"repost":{"id":"2236202208","kind":"news","pubTimestamp":1652835783,"share":"https://ttm.financial/m/news/2236202208?lang=&edition=fundamental","pubTime":"2022-05-18 09:03","market":"hk","language":"zh","title":"京东2022年Q1财报：疫情之下履约周期变长，继续降本增效寻破局｜财星球","url":"https://stock-news.laohu8.com/highlight/detail?id=2236202208","media":"新浪科技","summary":"5月17日晚间，京东发布截至3月31日的2022年第一季度财报。京东集团CEO徐雷表示，不同于2019年、2020年，这次的疫情对线上、线下企业来说是一次双杀。“今年的疫情是非常极端、特殊的情况，我们会积极运用京东的专业能力和履约仓配能力，尽可能地破局。”京东自2022年2月28日起合并达达，并将达达的业绩作为一个新的独立分部。京东零售业务一季度经营利润率为3.6%，较2021Q1的4.0%略有下降。","content":"<html><body><p>\n<figure>\n<img h=\"363\" src=\"http://n.sinaimg.cn/tech/transform/193/w630h363/20220518/8233-2d1ee1f1632211b67c8b8707a4f325b7.png\" w=\"630\"/>\n<h2></h2>\n</figure>\n</p><p><a href=\"https://laohu8.com/S/SINA\">新浪</a>科技 杨雪梅</p>\n<p>5月17日晚间，<a href=\"https://laohu8.com/S/JD\">京东</a>发布截至3月31日的2022年第一季度财报。净营收为2397亿元（约合378美元），同比增长18.0%。属于普通股股东的净亏损为30亿元（约合5亿美元），而上年同期净利润为36亿元。基于非美国通用会计准则，归属于普通股股东的净利润为40亿元（约合6亿美元），而上年同期净利润同为40亿元。</p>\n<figure>\n<img h=\"295\" src=\"http://n.sinaimg.cn/tech/transform/125/w630h295/20220518/503b-7b65578c12290f3b83ef079033524066.png\" w=\"630\"/>\n<h2></h2>\n</figure>\n<p>财报显示，京东本次亏损原因主要是对基础设施、技术研发、员工薪酬福利持续投入；以及全力支持上海等多地抗疫保供；并且全面支持合作伙伴减少疫情的影响和让利给消费者。</p>\n<p>京东集团CEO徐雷表示，不同于2019年、2020年，这次的疫情对线上、线下企业来说是一次双杀。供应链受到的影响也是非常大的。“今年的疫情是非常极端、特殊的情况，我们会积极运用京东的专业能力和履约仓配能力，尽可能地破局。”</p>\n<p><strong>一季度投资收益46亿元，持续投入及抗疫保供影响亏损</strong></p>\n<p>京东自2022年2月28日起合并达达，并将达达的业绩作为一个新的独立分部。本季度开始，京东本次财报呈现四个分部，分别是京东零售、<a href=\"https://laohu8.com/S/02618\">京东物流</a>、达达及新业务。</p>\n<figure>\n<img h=\"553\" src=\"http://n.sinaimg.cn/tech/transform/383/w630h553/20220518/5a18-52e29f6816147e7d560173f464ca7b49.png\" w=\"630\"/>\n<h2></h2>\n</figure>\n<p>其中，一季度京东零售营收2175.24亿元，去年同期营收1857.96亿元，同比增长17.1%。京东零售主要包括中国的自营业务、平台业务及广告服务。京东零售业务一季度经营利润率为3.6%，较2021Q1的4.0%略有下降。</p>\n<p>京东物流一季度营收273.5亿元，去年同期营收224.11亿元，同比增长22%；其中外部客户收入达160亿元，占比58.4%，来自一体化供应链客户收入达179亿元；亏损13.9亿元，去年同期亏损110亿元。京东物流包括内部及外部物流业务。</p>\n<p>此外，京东新业务营收57.56亿元，去年同期营收51.54亿元，同比增长11.7%。新业务主要包括京东产发、京喜、海外业务及技术创新。</p>\n<p>达达是本地即时配送及零售平台，第一季度营收为6.9亿元（约合1.09亿美元）；营业亏损为1.91亿元。</p>\n<figure>\n<img h=\"341\" src=\"http://n.sinaimg.cn/tech/transform/171/w630h341/20220518/b30c-2287fec6580de67fadb3e28b3fcbb44c.png\" w=\"630\"/>\n<h2></h2>\n</figure>\n<p>从收入情况来看，商品销售收入2044亿元，同比增长16.6%；物流及其他服务收入352亿元，同比增长26.3%，已接近平台及广告服务收入。财报显示，本季度公司进一步与一系列高端品牌建立合作关系，商户多元化率有所提高。</p>\n<p>服务及其他收入中，平台及广告服务收入177亿元，同比增长25.2%；物流及其他服务收入176亿元，同比增长27.5%。本季度京东物流继续扩大海外仓储和运输网络，逐步提高公司物流业务的竞争优势。</p>\n<div sax-type=\"proxy\"></div><p>截至2022年3月31日，京东过去12个月的活跃购买用户数较2021年同期的4.998亿增长16.2%至5.805亿。</p>\n<p>财报还显示，2022年第一季度，京东集团投资活动所得的现金流量净额为人民币46亿元（7亿美元），主要包括短期投资减少，部分被收购<a href=\"https://laohu8.com/S/01589\">中国物流资产</a>控股有限公司（中国物流资产）和达达支付的现金净额、资本性支出支付的现金以及股权投资支付的现金所抵销。</p>\n<p><strong>继续降本增效缓解疫情影响，“618”有望提升二季度业绩</strong></p>\n<p>根据财报，京东本季度费用结构中，占比最大的部分依然是履约费用，本季度履约费用和营销开支均有所增加，但研发支出有所下降。</p>\n<p>其中，履约开支主要包括采购、仓储、配送、客户服务及支付处理开支，由去年同期的138亿元增加12.2%至2022年第一季度的155亿元。一季度履约开支占收入的百分比为6.5%，去年同期为6.8%。</p>\n<p>营销开支由2021年第一季度的人民币70亿元增加24.4%至2022年第一季度的人</p>\n<p>民币87亿元。一季度研发开支为人民币44亿元，而去年同期为人民币45亿元。</p>\n<figure>\n<img h=\"259\" src=\"http://n.sinaimg.cn/tech/transform/89/w630h259/20220518/566c-db7f88d60e38f5ccdd49cbc559f9846a.png\" w=\"630\"/>\n<h2></h2>\n</figure>\n<p>徐雷在财报电话会议中提到，“我们今年核心区域的仓储风控导致了整体物流履约的困难，商品的入库、出库都受到了比较大的影响，整体履约周期变长了。由于履约周期变长，我们发现4月份订单的取消率有明显上升，5月份的情况有所好转，但订单取消率还是高于去年。”</p>\n<p>疫情导致消费者对收入信心不足，整体的消费情况比较低迷。根据统计局4月份给出的数据，高客单价商品的消费力不强，即便流量、用户正增长的情况下，4、5月的客单价同比都在下降。</p>\n<p>对于如何应对疫情带来的影响，徐雷表示会继续降本增效，同时，一方面与各地政府保持持续不断的沟通，京东也进入了各地政府的保供企业名单，尽可能地保证了仓储和配送的正常运营与履约。“从目前的情况来看，形势已经得到大幅度改善。”另一方面，利用好“618”的销售节点，尽可能地提升二季度经营业绩。</p>\n<p>不过，徐雷也提到，公司大概从3月份开始采取新的成本控制措施。到底会有多大的成效，会在接下来几个季度的财务数据中会有所体现，比如盈利能力和现金流等财务数据。</p>\n<div>\n<img src=\"http://n.sinaimg.cn/default/2fb77759/20151125/320X320.png\"/>\n</div>\n</body></html>","source":"sina_tech","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>京东2022年Q1财报：疫情之下履约周期变长，继续降本增效寻破局｜财星球</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京东2022年Q1财报：疫情之下履约周期变长，继续降本增效寻破局｜财星球\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-18 09:03 北京时间&nbsp;&nbsp;&nbsp;<a href=https://tech.sina.cn/i/gn/2022-05-18/detail-imcwipik0473141.d.html?vt=4><strong>新浪科技</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>新浪科技 杨雪梅\n5月17日晚间，京东发布截至3月31日的2022年第一季度财报。净营收为2397亿元（约合378美元），同比增长18.0%。属于普通股股东的净亏损为30亿元（约合5亿美元），而上年同期净利润为36亿元。基于非美国通用会计准则，归属于普通股股东的净利润为40亿元（约合6亿美元），而上年同期净利润同为40亿元。\n\n\n\n\n财报显示，京东本次亏损原因主要是对基础设施、技术研发、员工薪酬...</p>\n\n<a href=\"https://tech.sina.cn/i/gn/2022-05-18/detail-imcwipik0473141.d.html?vt=4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://k.sinaimg.cn/n/tech/transform/667/w400h267/20220518/00e0-74687b00aa2f644e7803bcec00f47ffd.png/w120h90l50t14be.jpg","relate_stocks":{"JD":"京东","09618":"京东集团-SW"},"source_url":"https://tech.sina.cn/i/gn/2022-05-18/detail-imcwipik0473141.d.html?vt=4","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2236202208","content_text":"新浪科技 杨雪梅\n5月17日晚间，京东发布截至3月31日的2022年第一季度财报。净营收为2397亿元（约合378美元），同比增长18.0%。属于普通股股东的净亏损为30亿元（约合5亿美元），而上年同期净利润为36亿元。基于非美国通用会计准则，归属于普通股股东的净利润为40亿元（约合6亿美元），而上年同期净利润同为40亿元。\n\n\n\n\n财报显示，京东本次亏损原因主要是对基础设施、技术研发、员工薪酬福利持续投入；以及全力支持上海等多地抗疫保供；并且全面支持合作伙伴减少疫情的影响和让利给消费者。\n京东集团CEO徐雷表示，不同于2019年、2020年，这次的疫情对线上、线下企业来说是一次双杀。供应链受到的影响也是非常大的。“今年的疫情是非常极端、特殊的情况，我们会积极运用京东的专业能力和履约仓配能力，尽可能地破局。”\n一季度投资收益46亿元，持续投入及抗疫保供影响亏损\n京东自2022年2月28日起合并达达，并将达达的业绩作为一个新的独立分部。本季度开始，京东本次财报呈现四个分部，分别是京东零售、京东物流、达达及新业务。\n\n\n\n\n其中，一季度京东零售营收2175.24亿元，去年同期营收1857.96亿元，同比增长17.1%。京东零售主要包括中国的自营业务、平台业务及广告服务。京东零售业务一季度经营利润率为3.6%，较2021Q1的4.0%略有下降。\n京东物流一季度营收273.5亿元，去年同期营收224.11亿元，同比增长22%；其中外部客户收入达160亿元，占比58.4%，来自一体化供应链客户收入达179亿元；亏损13.9亿元，去年同期亏损110亿元。京东物流包括内部及外部物流业务。\n此外，京东新业务营收57.56亿元，去年同期营收51.54亿元，同比增长11.7%。新业务主要包括京东产发、京喜、海外业务及技术创新。\n达达是本地即时配送及零售平台，第一季度营收为6.9亿元（约合1.09亿美元）；营业亏损为1.91亿元。\n\n\n\n\n从收入情况来看，商品销售收入2044亿元，同比增长16.6%；物流及其他服务收入352亿元，同比增长26.3%，已接近平台及广告服务收入。财报显示，本季度公司进一步与一系列高端品牌建立合作关系，商户多元化率有所提高。\n服务及其他收入中，平台及广告服务收入177亿元，同比增长25.2%；物流及其他服务收入176亿元，同比增长27.5%。本季度京东物流继续扩大海外仓储和运输网络，逐步提高公司物流业务的竞争优势。\n截至2022年3月31日，京东过去12个月的活跃购买用户数较2021年同期的4.998亿增长16.2%至5.805亿。\n财报还显示，2022年第一季度，京东集团投资活动所得的现金流量净额为人民币46亿元（7亿美元），主要包括短期投资减少，部分被收购中国物流资产控股有限公司（中国物流资产）和达达支付的现金净额、资本性支出支付的现金以及股权投资支付的现金所抵销。\n继续降本增效缓解疫情影响，“618”有望提升二季度业绩\n根据财报，京东本季度费用结构中，占比最大的部分依然是履约费用，本季度履约费用和营销开支均有所增加，但研发支出有所下降。\n其中，履约开支主要包括采购、仓储、配送、客户服务及支付处理开支，由去年同期的138亿元增加12.2%至2022年第一季度的155亿元。一季度履约开支占收入的百分比为6.5%，去年同期为6.8%。\n营销开支由2021年第一季度的人民币70亿元增加24.4%至2022年第一季度的人\n民币87亿元。一季度研发开支为人民币44亿元，而去年同期为人民币45亿元。\n\n\n\n\n徐雷在财报电话会议中提到，“我们今年核心区域的仓储风控导致了整体物流履约的困难，商品的入库、出库都受到了比较大的影响，整体履约周期变长了。由于履约周期变长，我们发现4月份订单的取消率有明显上升，5月份的情况有所好转，但订单取消率还是高于去年。”\n疫情导致消费者对收入信心不足，整体的消费情况比较低迷。根据统计局4月份给出的数据，高客单价商品的消费力不强，即便流量、用户正增长的情况下，4、5月的客单价同比都在下降。\n对于如何应对疫情带来的影响，徐雷表示会继续降本增效，同时，一方面与各地政府保持持续不断的沟通，京东也进入了各地政府的保供企业名单，尽可能地保证了仓储和配送的正常运营与履约。“从目前的情况来看，形势已经得到大幅度改善。”另一方面，利用好“618”的销售节点，尽可能地提升二季度经营业绩。\n不过，徐雷也提到，公司大概从3月份开始采取新的成本控制措施。到底会有多大的成效，会在接下来几个季度的财务数据中会有所体现，比如盈利能力和现金流等财务数据。","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9020949871,"gmtCreate":1652574479194,"gmtModify":1676535121271,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Good info. tks","listText":"Good info. tks","text":"Good info. tks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9020949871","repostId":"2235948863","repostType":2,"repost":{"id":"2235948863","kind":"news","pubTimestamp":1652535286,"share":"https://ttm.financial/m/news/2235948863?lang=&edition=fundamental","pubTime":"2022-05-14 21:34","market":"us","language":"en","title":"Amazon: Pre-Pandemic Prices, Post-Pandemic Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=2235948863","media":"seekingalpha","summary":"Noah Berger/Getty Images Entertainment Amazon (NASDAQ:AMZN) is down nearly 35% YTD and is reaching p","content":"<html><body><p><figure><picture> <img height=\"1536px\" sizes=\"(max-width: 768px) calc(100vw - 36px), (max-width: 1024px) calc(100vw - 132px), (max-width: 1200px) calc(66.6vw - 72px), 600px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/1356696208/image_1356696208.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture><figcaption> <p>Noah Berger/Getty Images Entertainment</p></figcaption></figure></p> <p>Amazon (<span>NASDAQ:AMZN</span>) is down nearly 35% YTD and is reaching prices similar to pre-pandemic levels. Due to recent Q1 earnings and concerns with rising inflation and interest rates, many investors are selling Amazon and moving away from<span> the tech sector. However, the Q1 report had little information that was not to be expected and AWS continues to prosper. Combine this with Amazon's undervaluation, and it may become an attractive choice for many investors.</span></p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/saupload_b3e1085b154a4ad78e1bc137735b3fdf.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <h2>Amazon's Price is Undervalued and Becoming an Attractive Choice</h2> <p>In January of 2020, Amazon's price was just about $2135 per share. In July of 2021, Amazon's stock peaked at just over $3700 per share. Since then, the stock has dropped about 40% down to just over $2200, only about 4% higher than the pre-pandemic price.</p> <p>There are two major reasons for this. The first is that many tech companies are being sold off due to high inflation and rising interest rates. This has caused many investors to want to move away from these securities and into more defensive companies. </p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/saupload_dd16f752254000c04aa00ad1f5ee3864.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <p>The second reason is Amazon's recent Q1 earnings report, which many investors saw as devastating. As a quick overview, the company's earnings were reported at $7.38 per share ($8.36 expected) and advertising revenue was only $7.88 billion ($8.17 billion expected). Furthermore, a $7.6 billion loss on its Rivian (RIVN) investment was recorded due to the electric vehicle company losing over half its value in Q1. Due to all of this, Amazon recorded a total net loss of $3.8 billion. Revenue growth also slowed down with only a 7% increase, compared to 44% in 1Q21. The company forecasts that revenue could slow down even further to as low as 3% growth in the next quarter of 2022.</p> <h2>First Quarter Earnings Reactions Are Overblown</h2> <p>To begin, Amazon's lower EPS was to be expected. Rising gas prices from the Russia-Ukraine conflict, rising inflation and interest rates, and supply chain issues have been well-known events for months now. As for the loss on its Rivian investment, the company's investment has been known publicly for months. With Rivian being public and investors able to see its drop in share price, investors already knew to expect a huge loss from this investment.</p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/saupload_f8f34b52c97139b5c92850948e82d81f.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure></p> <p>In 4Q21, Amazon's guidance for 1Q22 was accurate. Specifically, the company said it expects operating income to between $3 and $6 billion and revenue to grow between 3% and 8%. The company actually recorded $3.67 billion in operating income, and 7% growth in revenue.</p> <p>With all of the headwinds Amazon was going to face already being known and Q4 guidance being accurate with actual Q1 results, the nearly 25% drop in share price Amazon has experienced since the report seems quite overblown.</p> <h2>AWS Continues to Be the Biggest Name in Cloud Services</h2> <p>Since many investors are focusing on the bad aspects of the Q1 report, many are ignoring the great performance AWS posted. AWS recorded over $18 billion in revenue in the first quarter, which is a 36.5% increase from just <a href=\"https://laohu8.com/S/AONE.U\">one</a> year earlier. The operating income of this segment also increased by an impressive 57% to $6.5 billion. </p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/53426561-16524545764822533.png\"/></span><figcaption><p>Market Share of Cloud Services <span>(Future Processing)</span></p></figcaption></figure></p> <p>AWS already is a clear winner in market share for cloud services and one of their largest competitors, Google Cloud (GOOG) (GOOGL), is not performing as well. Although the sales of Google Cloud grew by 43% in Q1, it has yet to be profitable and is experiencing worse-than-expected operating losses. </p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/53426561-16524558164619615.png\"/></span><figcaption><p>Operating Margins of AWS vs. Google Cloud <span>(Created by Author)</span></p></figcaption></figure></p> <h2>The Upcoming Stock Split and Current Undervaluation Help Amazon's Case</h2> <p>In March, Amazon announced a 20-for-1 stock split and $10 billion share buyback. This stock split will not affect the underlying fundamentals or value of Amazon but will make it purchasable by more investors. If this stock split were to happen right now, Amazon's share price would go from $2200 per share to about $110 and give each shareholder an additional 19 shares of the company. This stock split is set to happen for current shareholders at the end of business on June 3, and trading starts at the new price on June 6.</p> <p><figure><img height=\"366\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/saupload_08774c5dd1f6104bbd2a8f2929b5d6b9.png\" width=\"635\"/><figcaption>Data by YCharts</figcaption></figure><figure contenteditable=\"false\"><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/53426561-16524580891354766.png\"/></span><figcaption><p>3 Year Median Ratios vs. LTM Ratios</p></figcaption></figure></p> <p>Amazon's valuation multiples are far below where they've historically been in previous years. After combining these ratios with analyst consensus estimates of revenue, earnings, and EBITDA for FY23 and adjusting for the company's cash and debt to arrive at market cap, a price target of $4015.44 can be calculated before the stock split.</p> <p><figure contenteditable=\"false\"><span><img contenteditable=\"true\" loading=\"lazy\" src=\"https://static.seekingalpha.com/uploads/2022/5/13/53426561-16524581033732278.png\"/></span><figcaption><p>Price Targets of AMZN</p></figcaption></figure></p> <h2>What Should Investors Do?</h2> <p>Amazon's Q1 earnings report contained information that was not very surprising, yet investors were quick to sell and drop the company's share price by nearly 25%. However, AWS continues to dominate the cloud industry and holds a huge lead in market share. Google Cloud, one of the main competitors of AWS, cannot seem to achieve an operating profit despite growing revenues. Combine all of this with the fact that Amazon stock appears to be deeply undervalued, and I believe applying a Buy rating is appropriate for now.</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>Amazon: Pre-Pandemic Prices, Post-Pandemic Opportunity</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon: Pre-Pandemic Prices, Post-Pandemic Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-14 21:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4511554-amazon-pre-pandemic-prices-post-pandemic-opportunity><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Noah Berger/Getty Images Entertainment Amazon (NASDAQ:AMZN) is down nearly 35% YTD and is reaching prices similar to pre-pandemic levels. Due to recent Q1 earnings and concerns with rising inflation ...</p>\n\n<a href=\"https://seekingalpha.com/article/4511554-amazon-pre-pandemic-prices-post-pandemic-opportunity\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4538":"云计算","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","POST":"Post Holdings","BK4581":"高盛持仓","BK4548":"巴美列捷福持仓","AMZN":"亚马逊","BK4554":"元宇宙及AR概念","BK4212":"包装食品与肉类","BK4532":"文艺复兴科技持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团"},"source_url":"https://seekingalpha.com/article/4511554-amazon-pre-pandemic-prices-post-pandemic-opportunity","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2235948863","content_text":"Noah Berger/Getty Images Entertainment Amazon (NASDAQ:AMZN) is down nearly 35% YTD and is reaching prices similar to pre-pandemic levels. Due to recent Q1 earnings and concerns with rising inflation and interest rates, many investors are selling Amazon and moving away from the tech sector. However, the Q1 report had little information that was not to be expected and AWS continues to prosper. Combine this with Amazon's undervaluation, and it may become an attractive choice for many investors. Data by YCharts Amazon's Price is Undervalued and Becoming an Attractive Choice In January of 2020, Amazon's price was just about $2135 per share. In July of 2021, Amazon's stock peaked at just over $3700 per share. Since then, the stock has dropped about 40% down to just over $2200, only about 4% higher than the pre-pandemic price. There are two major reasons for this. The first is that many tech companies are being sold off due to high inflation and rising interest rates. This has caused many investors to want to move away from these securities and into more defensive companies.  Data by YCharts The second reason is Amazon's recent Q1 earnings report, which many investors saw as devastating. As a quick overview, the company's earnings were reported at $7.38 per share ($8.36 expected) and advertising revenue was only $7.88 billion ($8.17 billion expected). Furthermore, a $7.6 billion loss on its Rivian (RIVN) investment was recorded due to the electric vehicle company losing over half its value in Q1. Due to all of this, Amazon recorded a total net loss of $3.8 billion. Revenue growth also slowed down with only a 7% increase, compared to 44% in 1Q21. The company forecasts that revenue could slow down even further to as low as 3% growth in the next quarter of 2022. First Quarter Earnings Reactions Are Overblown To begin, Amazon's lower EPS was to be expected. Rising gas prices from the Russia-Ukraine conflict, rising inflation and interest rates, and supply chain issues have been well-known events for months now. As for the loss on its Rivian investment, the company's investment has been known publicly for months. With Rivian being public and investors able to see its drop in share price, investors already knew to expect a huge loss from this investment. Data by YCharts In 4Q21, Amazon's guidance for 1Q22 was accurate. Specifically, the company said it expects operating income to between $3 and $6 billion and revenue to grow between 3% and 8%. The company actually recorded $3.67 billion in operating income, and 7% growth in revenue. With all of the headwinds Amazon was going to face already being known and Q4 guidance being accurate with actual Q1 results, the nearly 25% drop in share price Amazon has experienced since the report seems quite overblown. AWS Continues to Be the Biggest Name in Cloud Services Since many investors are focusing on the bad aspects of the Q1 report, many are ignoring the great performance AWS posted. AWS recorded over $18 billion in revenue in the first quarter, which is a 36.5% increase from just one year earlier. The operating income of this segment also increased by an impressive 57% to $6.5 billion.  Market Share of Cloud Services (Future Processing) AWS already is a clear winner in market share for cloud services and one of their largest competitors, Google Cloud (GOOG) (GOOGL), is not performing as well. Although the sales of Google Cloud grew by 43% in Q1, it has yet to be profitable and is experiencing worse-than-expected operating losses.  Operating Margins of AWS vs. Google Cloud (Created by Author) The Upcoming Stock Split and Current Undervaluation Help Amazon's Case In March, Amazon announced a 20-for-1 stock split and $10 billion share buyback. This stock split will not affect the underlying fundamentals or value of Amazon but will make it purchasable by more investors. If this stock split were to happen right now, Amazon's share price would go from $2200 per share to about $110 and give each shareholder an additional 19 shares of the company. This stock split is set to happen for current shareholders at the end of business on June 3, and trading starts at the new price on June 6. Data by YCharts3 Year Median Ratios vs. LTM Ratios Amazon's valuation multiples are far below where they've historically been in previous years. After combining these ratios with analyst consensus estimates of revenue, earnings, and EBITDA for FY23 and adjusting for the company's cash and debt to arrive at market cap, a price target of $4015.44 can be calculated before the stock split. Price Targets of AMZN What Should Investors Do? Amazon's Q1 earnings report contained information that was not very surprising, yet investors were quick to sell and drop the company's share price by nearly 25%. However, AWS continues to dominate the cloud industry and holds a huge lead in market share. Google Cloud, one of the main competitors of AWS, cannot seem to achieve an operating profit despite growing revenues. Combine all of this with the fact that Amazon stock appears to be deeply undervalued, and I believe applying a Buy rating is appropriate for now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9068981278,"gmtCreate":1651710146138,"gmtModify":1676534953561,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Good update&nbsp;","listText":"Good update&nbsp;","text":"Good update","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9068981278","repostId":"2232507158","repostType":2,"repost":{"id":"2232507158","kind":"news","pubTimestamp":1651675285,"share":"https://ttm.financial/m/news/2232507158?lang=&edition=fundamental","pubTime":"2022-05-04 22:41","market":"us","language":"en","title":"IDEXX stock falls on Q1 profit miss, 2022 forecast below estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=2232507158","media":"seekingalpha","summary":"Zerbor/iStock via Getty Images   IDEXX Laboratories (NASDAQ:IDXX -10.6%) stock falls after the compa","content":"<html><body><p><figure> <picture> <img height=\"919px\" src=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w750\" srcset=\"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w1536 1536w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w1280 1280w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w1080 1080w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w750 750w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w640 640w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w480 480w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w320 320w, https://static.seekingalpha.com/cdn/s3/uploads/getty_images/499205246/image_499205246.jpg?io=getty-c-w240 240w\" width=\"1536px\"/> </picture> <figcaption><p>Zerbor/iStock via Getty Images</p></figcaption> </figure></p> <ul> <li>IDEXX Laboratories <span>(<span>NASDAQ:IDXX</span> <span>-10.6%</span>)</span> stock falls after the company posted lower-than-expected Q1 profit and revised<span> its 2022 revenue forecast, that were below wall street estimates. </span> </li> <li> The company now expects 2022 revenue to be between $3.39B - $3.46B vs. consensus estimate of $3.54B.</li> <li>\"U.S. same-store clinical visits at veterinary practices declined 2% in the first quarter compared to prior year period clinical visit growth of 13%, which included benefits from increases in new pet ownership during the COVID-19 pandemic,\" the company said.</li> <li>IDXX recalibrated its full year revenue growth outlook to reflect first quarter results as well as ~$10M in projected revenue reductions related to the war in Ukraine and ~$40M in impact from the recent strengthening of the U.S. dollar.</li> <li>The Companion Animal Group generated revenue growth of 10%.</li> <li>IDEXX Q1 Non-GAAP EPS of $2.24, missed estimates by $0.01, while revenue of $836.54M (+7.6% Y/Y) was in-line.</li> </ul></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>IDEXX stock falls on Q1 profit miss, 2022 forecast below estimates</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\">\nIDEXX stock falls on Q1 profit miss, 2022 forecast below estimates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-04 22:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3832027-idexx-stock-falls-on-q1-profit-miss-2022-forecast-below-estimates><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Zerbor/iStock via Getty Images   IDEXX Laboratories (NASDAQ:IDXX -10.6%) stock falls after the company posted lower-than-expected Q1 profit and revised its 2022 revenue forecast, that were below wall ...</p>\n\n<a href=\"https://seekingalpha.com/news/3832027-idexx-stock-falls-on-q1-profit-miss-2022-forecast-below-estimates\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4082":"医疗保健设备","BK4504":"桥水持仓","IDXX":"爱德士实验室","BK4567":"ESG概念"},"source_url":"https://seekingalpha.com/news/3832027-idexx-stock-falls-on-q1-profit-miss-2022-forecast-below-estimates","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2232507158","content_text":"Zerbor/iStock via Getty Images   IDEXX Laboratories (NASDAQ:IDXX -10.6%) stock falls after the company posted lower-than-expected Q1 profit and revised its 2022 revenue forecast, that were below wall street estimates.    The company now expects 2022 revenue to be between $3.39B - $3.46B vs. consensus estimate of $3.54B. \"U.S. same-store clinical visits at veterinary practices declined 2% in the first quarter compared to prior year period clinical visit growth of 13%, which included benefits from increases in new pet ownership during the COVID-19 pandemic,\" the company said. IDXX recalibrated its full year revenue growth outlook to reflect first quarter results as well as ~$10M in projected revenue reductions related to the war in Ukraine and ~$40M in impact from the recent strengthening of the U.S. dollar. The Companion Animal Group generated revenue growth of 10%. IDEXX Q1 Non-GAAP EPS of $2.24, missed estimates by $0.01, while revenue of $836.54M (+7.6% Y/Y) was in-line.","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9061588433,"gmtCreate":1651643261893,"gmtModify":1676534941715,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9061588433","repostId":"2232715789","repostType":4,"repost":{"id":"2232715789","kind":"highlight","pubTimestamp":1651622425,"share":"https://ttm.financial/m/news/2232715789?lang=&edition=fundamental","pubTime":"2022-05-04 08:00","market":"us","language":"en","title":"3 Beaten-Down Stocks That Could Deliver 5X Gains By 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2232715789","media":"Motley Fool","summary":"These stocks are losers now. But they could be huge winners over the next few years.","content":"<html><head></head><body><p>Even the best stocks can fall on hard times. That&#39;s certainly been the case with plenty of biotech stocks over the past 12 months. However, some that have floundered could still be huge winners over the long term.</p><p>We asked three Motley Fool contributors to pick beaten-down stocks they think can deliver 5x gains by 2030. Here&#39;s why they chose <b>CRISPR Therapeutics</b>, <b>Ginkgo Bioworks Holdings</b>, and <b>Novocure</b>.</p><h2>A great entry point for investors</h2><p><b>Prosper Junior Bakiny (CRISPR Therapeutics):</b> &#34;Beaten-down&#34; doesn&#39;t begin to describe what has happened to CRISPR Therapeutics in the past year on the market. Shares of the gene-editing specialist have plunged by more than 60% in the trailing-12-month period -- a horrible performance by any metric.</p><p>It&#39;s not hard to understand what&#39;s going on here. The biotech currently has no products on the market. Before its recent fall, shares had been on fire. A correction was probably overdue.</p><p>But this could be a great entry point for opportunistic investors willing to be patient. CRISPR Therapeutics has several promising pipeline candidates. These include several immuno-oncology candidates: CTX110, CTX120, and CTX130. However, the most exciting of CRISPR Therapeutics&#39; programs is CTX001. The biotech is developing this potential therapy for sickle cell disease and transfusion-dependent beta-thalassemia in collaboration with <b>Vertex Pharmaceuticals</b>.</p><p>CRISPR Therapeutics and Vertex have already produced excellent results in a phase 1/2 clinical trial. Regulatory submissions should come down by the end of the year.</p><p>There are few safe and effective therapy options for both of those rare blood illnesses. If CTX001 earns regulatory approval, it could be a game changer.</p><p>And that highlights the potential of CRISPR Therapeutics&#39; platform. Like other gene-editing specialists, the company is going after challenging targets, including some for which there are few (if any) curative therapies.</p><p>Another example of that is the company&#39;s VCTX210, an investigational gene-editing treatment for type 1 diabetes. CRISPR Therapeutics could record some major clinical wins in the next five years, thereby helping its stock price soar.</p><p>Of course, none of this is guaranteed. CRISPR Therapeutics&#39; candidates could run into clinical or regulatory obstacles. It&#39;s essential to keep these risks (and others) in mind when making investment decisions.</p><p>But if enough things go right for CRISPR Therapeutics, the company&#39;s shares could skyrocket by 2030. That&#39;s why it&#39;s worth considering initiating a position now, especially after the beating CRISPR Therapeutics has endured in the past year.</p><h2>A potential growth machine in the making</h2><p><b>David Jagielski</b> <b>(Ginkgo Bioworks): </b>A crashing growth stock with loads of potential is <a href=\"https://laohu8.com/S/AONE.U\">one</a> that investors should pay close attention to because it can lead to significant returns in the near future. Ginkgo Bioworks is one of those stocks. The more it falls, the more likely it is that this will be at least a five-bagger investment by 2030.</p><p>To get to that level, the stock wouldn&#39;t even need to climb a whole lot higher than where it started trading. Last September, the biotech stock went public through a merger with a special purpose acquisition company (SPAC). It soon reached a high of more than $14. That&#39;s already around four times the value of where it trades today.</p><p>The sell-off of Ginkgo&#39;s shares since it went public is a bit of a mystery. It follows a relatively similar path to that of Cathie Wood&#39;s <b>Ark Innovation <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a> </b>, which holds shares of Ginkgo. Since November, the exchange-traded fund has fallen by close to 60% while Ginkgo has done a bit worse, cratering by 70%.</p><p>But that could prove to be a short-term problem for investors. Among the most attractive features of Ginkgo&#39;s business is its versatility. It can help multiple industries through programming cells. Consumer and technology, food and agriculture, industrials and environment, and biotech and pharma are the different areas the company has identified opportunities in.</p><p>The total addressable market for bioengineered products could be well into the trillions by 2040. Ginkgo only has to scratch the surface of all that potential to jump to the roughly $32 billion valuation it would need to reach to generate 5x returns.</p><p>Ginkgo has been working on deals to tap into some of that growth already. In April alone, it announced multiple collaborations and partnerships. One involved working with animal health company <b>Elanco</b> to launch a new business focused on improving animal health and protein production. Another was to partner with a company in the water business to develop biosensors that would find toxins in water.</p><p>In 2022, Ginkgo projects its revenue will come in between $325 million and $340 million. While that&#39;s a potentially modest increase from the $314 million it reported in 2021 (when its revenue soared 309%), Ginkgo is still in the early stages of its growth. There&#39;s significant potential here for investors to earn a fantastic return. The key is remaining patient with the business as it grows.</p><h2>5x could be too pessimistic for this stock</h2><p><b>Keith Speights (Novocure):</b> One stock immediately jumped to my mind when I began thinking about candidates that could deliver a 5x gain by 2030 -- Novocure. Actually, I that 5x could even be too pessimistic.</p><p>Novocure&#39;s Tumor Treating Fields (TTFields) therapy, which uses electrical fields to disrupt cancer cell replication, is currently approved for treating glioblastoma multiforme (GBM) and mesothelioma. Novocure CEO Bill Doyle noted in the company&#39;s first-quarter conference call that the GBM business &#34;remains a key driver of our long-term success.&#34; The company hopes to soon expand into the French GBM market. It&#39;s also building out its infrastructure to reach more of the North American and EMEA (Europe, Middle East, and Africa) markets.</p><p>But Novocure&#39;s potential to deliver 5x or greater returns largely depends on winning regulatory approvals for TTFields in additional indications. The company is currently evaluating the therapy in four late-stage pivotal studies for which results should be available in the near term.</p><p>Data from the Lunar study of TTFields in treating non-small cell lung cancer should read out this year. In 2023, Novocure expects to announce results from two late-stage studies targeting ovarian cancer and brain metastases. And in 2024, the company anticipates reporting data from its phase 3 study targeting pancreatic cancer.</p><p>Novocure currently has penetrated only around 35% of the GBM market. However, the indications that it&#39;s going after in the four late-stage studies represent a market size that&#39;s 14x greater than its current market.</p><p>Granted, Novocure needs its clinical studies to be successful to have a shot at becoming the huge winner I think it can be. But I like the company&#39;s chances.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Beaten-Down Stocks That Could Deliver 5X Gains By 2030</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Beaten-Down Stocks That Could Deliver 5X Gains By 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-05-04 08:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/05/02/3-beaten-down-stocks-that-could-deliver-5x-gains-b/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Even the best stocks can fall on hard times. That's certainly been the case with plenty of biotech stocks over the past 12 months. However, some that have floundered could still be huge winners over ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/05/02/3-beaten-down-stocks-that-could-deliver-5x-gains-b/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRSP":"CRISPR Therapeutics AG","NVCR":"NovoCure Limited","DNA":"Ginkgo Bioworks Holdings Inc."},"source_url":"https://www.fool.com/investing/2022/05/02/3-beaten-down-stocks-that-could-deliver-5x-gains-b/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2232715789","content_text":"Even the best stocks can fall on hard times. That's certainly been the case with plenty of biotech stocks over the past 12 months. However, some that have floundered could still be huge winners over the long term.We asked three Motley Fool contributors to pick beaten-down stocks they think can deliver 5x gains by 2030. Here's why they chose CRISPR Therapeutics, Ginkgo Bioworks Holdings, and Novocure.A great entry point for investorsProsper Junior Bakiny (CRISPR Therapeutics): \"Beaten-down\" doesn't begin to describe what has happened to CRISPR Therapeutics in the past year on the market. Shares of the gene-editing specialist have plunged by more than 60% in the trailing-12-month period -- a horrible performance by any metric.It's not hard to understand what's going on here. The biotech currently has no products on the market. Before its recent fall, shares had been on fire. A correction was probably overdue.But this could be a great entry point for opportunistic investors willing to be patient. CRISPR Therapeutics has several promising pipeline candidates. These include several immuno-oncology candidates: CTX110, CTX120, and CTX130. However, the most exciting of CRISPR Therapeutics' programs is CTX001. The biotech is developing this potential therapy for sickle cell disease and transfusion-dependent beta-thalassemia in collaboration with Vertex Pharmaceuticals.CRISPR Therapeutics and Vertex have already produced excellent results in a phase 1/2 clinical trial. Regulatory submissions should come down by the end of the year.There are few safe and effective therapy options for both of those rare blood illnesses. If CTX001 earns regulatory approval, it could be a game changer.And that highlights the potential of CRISPR Therapeutics' platform. Like other gene-editing specialists, the company is going after challenging targets, including some for which there are few (if any) curative therapies.Another example of that is the company's VCTX210, an investigational gene-editing treatment for type 1 diabetes. CRISPR Therapeutics could record some major clinical wins in the next five years, thereby helping its stock price soar.Of course, none of this is guaranteed. CRISPR Therapeutics' candidates could run into clinical or regulatory obstacles. It's essential to keep these risks (and others) in mind when making investment decisions.But if enough things go right for CRISPR Therapeutics, the company's shares could skyrocket by 2030. That's why it's worth considering initiating a position now, especially after the beating CRISPR Therapeutics has endured in the past year.A potential growth machine in the makingDavid Jagielski (Ginkgo Bioworks): A crashing growth stock with loads of potential is one that investors should pay close attention to because it can lead to significant returns in the near future. Ginkgo Bioworks is one of those stocks. The more it falls, the more likely it is that this will be at least a five-bagger investment by 2030.To get to that level, the stock wouldn't even need to climb a whole lot higher than where it started trading. Last September, the biotech stock went public through a merger with a special purpose acquisition company (SPAC). It soon reached a high of more than $14. That's already around four times the value of where it trades today.The sell-off of Ginkgo's shares since it went public is a bit of a mystery. It follows a relatively similar path to that of Cathie Wood's Ark Innovation Pacer Swan SOS Fund of Funds ETF|ETF , which holds shares of Ginkgo. Since November, the exchange-traded fund has fallen by close to 60% while Ginkgo has done a bit worse, cratering by 70%.But that could prove to be a short-term problem for investors. Among the most attractive features of Ginkgo's business is its versatility. It can help multiple industries through programming cells. Consumer and technology, food and agriculture, industrials and environment, and biotech and pharma are the different areas the company has identified opportunities in.The total addressable market for bioengineered products could be well into the trillions by 2040. Ginkgo only has to scratch the surface of all that potential to jump to the roughly $32 billion valuation it would need to reach to generate 5x returns.Ginkgo has been working on deals to tap into some of that growth already. In April alone, it announced multiple collaborations and partnerships. One involved working with animal health company Elanco to launch a new business focused on improving animal health and protein production. Another was to partner with a company in the water business to develop biosensors that would find toxins in water.In 2022, Ginkgo projects its revenue will come in between $325 million and $340 million. While that's a potentially modest increase from the $314 million it reported in 2021 (when its revenue soared 309%), Ginkgo is still in the early stages of its growth. There's significant potential here for investors to earn a fantastic return. The key is remaining patient with the business as it grows.5x could be too pessimistic for this stockKeith Speights (Novocure): One stock immediately jumped to my mind when I began thinking about candidates that could deliver a 5x gain by 2030 -- Novocure. Actually, I that 5x could even be too pessimistic.Novocure's Tumor Treating Fields (TTFields) therapy, which uses electrical fields to disrupt cancer cell replication, is currently approved for treating glioblastoma multiforme (GBM) and mesothelioma. Novocure CEO Bill Doyle noted in the company's first-quarter conference call that the GBM business \"remains a key driver of our long-term success.\" The company hopes to soon expand into the French GBM market. It's also building out its infrastructure to reach more of the North American and EMEA (Europe, Middle East, and Africa) markets.But Novocure's potential to deliver 5x or greater returns largely depends on winning regulatory approvals for TTFields in additional indications. The company is currently evaluating the therapy in four late-stage pivotal studies for which results should be available in the near term.Data from the Lunar study of TTFields in treating non-small cell lung cancer should read out this year. In 2023, Novocure expects to announce results from two late-stage studies targeting ovarian cancer and brain metastases. And in 2024, the company anticipates reporting data from its phase 3 study targeting pancreatic cancer.Novocure currently has penetrated only around 35% of the GBM market. However, the indications that it's going after in the four late-stage studies represent a market size that's 14x greater than its current market.Granted, Novocure needs its clinical studies to be successful to have a shot at becoming the huge winner I think it can be. But I like the company's chances.","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9920683603,"gmtCreate":1670477776403,"gmtModify":1676538377066,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Not more lockdown, open saseme","listText":"Not more lockdown, open saseme","text":"Not more lockdown, open saseme","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/9920683603","repostId":"2289468660","repostType":4,"repost":{"id":"2289468660","kind":"highlight","pubTimestamp":1670470008,"share":"https://ttm.financial/m/news/2289468660?lang=&edition=fundamental","pubTime":"2022-12-08 11:26","market":"us","language":"en","title":"Alibaba Stock Forecast For 2023: What To Watch For","url":"https://stock-news.laohu8.com/highlight/detail?id=2289468660","media":"Seeking Alpha","summary":"SummaryAlibaba has gone up by more than 30% since my last buy rating on it, and this article looks f","content":"<html><head></head><body><h2>Summary</h2><ul><li>Alibaba has gone up by more than 30% since my last buy rating on it, and this article looks forward to see what we should watch out for in 2023.</li><li>For China eCommerce, I expect it to show strong growth in 2023 on the back of a low base and removal of covid restrictions as Alibaba emerges as a re-opening play.</li><li>For cloud, I expect the demand from the Internet sector to recover while non-Internet sector continues its momentum.</li><li>I think cost optimization efforts will continue to show results in 2023 and drive solid EPS gains in 2023.</li><li>My target price for Alibaba is $143, implying 57% upside from current levels.</li></ul><p>Since my last buy rating on Alibaba (NYSE:BABA), the stock has risen 30% and this article aims to look deeper into the company to determine what the outlook for the company is for 2023 and what we should look out for in the next year for Alibaba.</p><h2>Investment thesis</h2><p>As mentioned earlier, I have written earlier articles about Alibaba, which can be found here. In my view, the setup is looking great for Alibaba in 2023 as I think that this is likely the best risk/reward opportunity available.</p><p>First, the company looks set to be a key beneficiary of the opening up of China&#39;s economy as the country looks to remove covid restrictions. This, along with the low base of the China eCommerce business in 2022, will lead to strong growth in the core China eCommerce segment in 2023.</p><p>Second, the cost optimization efforts are going well, and the effects are visible from the bottom-line beats that the company has achieved in recent quarters. Most of its newer and faster-growing initiatives are seeing narrower losses and I think this will continue in 2023 as the cost-saving initiatives will likely bear fruit in the quarters to come.</p><p>Third, cloud will also see improving business fundamentals, as non-Internet sectors maintain their momentum and the Internet sector demand recovers in 2023.</p><h2>China eCommerce to post strong recovery in 2023 on low base</h2><p>The segment has been rather lackluster in recent quarters. This September 2022 quarter was no exception as China&#39;s covid policies continue to bite.</p><p>Alibaba&#39;s 11.11 comments were not as positive as in prior years and this was a result of several negative influences in the 2022 version of 11.11. The bottom line is that China&#39;s strict restrictions may have negatively affected consumption levels in China during this year&#39;s 11.11. As a result, the GMV for this year&#39;s 11.11 was flat compared to the prior year. This flatter growth does imply that the near-term December 2022 quarter may be challenging for Alibaba and thus, the segment will likely pose more of a downside risk. The downside risk, if I were to quantify it, is roughly around 5% in GMV terms as this is the approximate gap between the 2022 11.11 performance and the typical December quarter GMV growth.</p><p>For the next year in 2023, I think that Alibaba is actually a key beneficiary of the re-opening of the Chinese covid restrictions. This could be done by March 2022, and I expect that we will see Alibaba&#39;s China eCommerce business to grow by more than 10% in 2023. This is contributed by the high exposure that Alibaba has to discretionary spending, as well as the low base from 2022.</p><h2>Big profit driver from cost optimization in 2023</h2><p>One of the biggest positives for Alibaba in 2022 was the success from its cost optimization efforts. The market can see visible signs that the cost optimization efforts are taking effect and it is rewarding Alibaba for the good execution from the cost optimization efforts.</p><p>As a result of cost optimization measures, the company has seen bottom-line beats in recent quarters, which is testament to the management&#39;s efforts to drive costs down as the business slows.</p><p>I continue to expect that the cost savings will continue to flow through in the coming quarters as we have seen the peak adjusted EBITA loss for the new initiatives that Alibaba is undertaking in the December quarter from last year. For the September 2022 quarter, I think that we continue to see improvement in cost savings in the new initiatives segments as the combined losses amounted to about Rmb6 billion in the recent quarter, compared to Rmb19 billion in the same quarter in the prior year.</p><p>For Alibaba&#39;s China commerce segment, its segment margin improved by 1 percentage point compared to the prior quarter to 32% in the September 2022 quarter. This was a result of reduced losses for Taobao Deals and Taocaicai. In addition, international commerce also saw reduced losses as a result of losses being reduced at Lazada and Trendyol as the EBITA loss narrowed from Rmb2,481 million in the prior year to Rmb960 million in the September quarter of 2022. Local services also narrowed losses further in the September 2022 quarter to Rmb3,044 million, down from Rmb4,770 million in the prior year. This was driven by improving unit economics in Ele.me as delivery cost per order was reduced and average order value increased.</p><p>I continue to expect that losses will narrow through the December quarter of 2022 and into 2023 as management continues to be effective in driving margin improvement and cost savings across the business. I expect that the cost savings will continue into 2023 and this will drive an adjusted EPS growth of +41% in the next year as the business revenues and profits start to recover.</p><h2>Recovery in growth for the cloud segment in 2023</h2><p>For Alibaba&#39;s cloud segment, the outlook for 2023 looks more encouraging than what has happened for 2022. First, Alibaba recently disclosed for the first time ever, its revenue mix between Internet and non-Internet industries. In the September 2022 quarter results, the non-Internet segment grew by 28% year on year and now represents 58% of the total cloud segment. The strong growth in the non-Internet segment is a key driver for continued growth for the overall cloud segment as diversification in sectors within the cloud segment has paid off. This strong growth was contributed by the financial services, telecommunication and public services industries respectively.</p><p>That said, the Internet client portion of the cloud segment is still struggling as the revenues for the Internet sector were down 18% year on year. This, again, is due to a loss of one of Alibaba&#39;s key Internet customers, as well as its online education customers, and due to the relatively weaker demand from the Internet sector in general.</p><p>For 2023, where will we see Alibaba&#39;s cloud segment head towards? I think the answer is increasingly tilted towards a stronger growth profile for the cloud segment. In the near term, we may see that there are still existing headwinds from the company&#39;s Internet sector exposure, but I think that this will improve through 2023. First, I expect that the non-Internet industries will continue to progress and grow robustly as the country comes out from covid lockdowns and removes strict restrictions. Second, I think that we will see that the demand from the Internet sector will also recover as sentiment in the sector improves over the course of the year. Taken together, my expectation is for the overall cloud revenue growth to reach the teens level by next year, as the second half will prove to be a strong quarter for the cloud segment with the continued increasing demand.</p><h2>Creating value for BABA shareholders in 2023</h2><p>Alibaba has been an active repurchaser of its shares as it initially has a share repurchase program that was authorized in 2019 for $6 billion to be used over 2 years.</p><p>This program has been extended and increased a few times, and the recent announcement in November 2022 was that Alibaba will be increasing its share repurchase program by another $15 billion, to $40 billion. Furthermore, the program was also extended all the way to the end of March 2025.</p><p>Alibaba noted that as of 16 November 2022, it has repurchased $18 billion in shares, which means that it has $22 billion remaining for the enlarged share repurchase program that it currently has. For reference, Alibaba&#39;s buyback in the September 2022 quarter represented 39% of its free cash flows. I think that there will be a large percentage of capital that will be committed to share repurchases in the next year as Alibaba continues to execute on its share repurchase program until the end of 2025. At the end of the day, shareholders should benefit from these repurchases as Alibaba executes on the repurchase program.</p><h2>Valuation</h2><p>I use a sum of the parts valuation model to derive my target price for Alibaba. This involves determining a value for each part of Alibaba&#39;s business.</p><ol><li>First, for the China eCommerce segment, I think that we will likely see a strong growth return to the segment on the back of a low base and relaxing of covid restrictions in China. This upside has been taken into account for my forecast for 2023. At the same time, there is a risk that the company may face a slowdown as a result of the weakening macroeconomic environment in China. As such, I incorporate conservatism into my financial forecasts to take this into account as well.</li><li>Second, for Local Services, Cainiao and other investments and associates held by the company, I value these by their latest transaction values and market capitalizations of the respective companies.</li><li>Lastly, for Youku, International Commerce and Cloud, I use a DCF methodology to derive the value of these segments. I take into account the long-term growth opportunities for the International Commerce segment and the robust growth opportunities for the Cloud segment.</li></ol><p>Taking all these together, I also applied a 30% holding discount. Based on that, my target price for Alibaba is $143, implying around 57% upside from current levels.</p><p><img src=\"https://static.tigerbbs.com/f3fc99056e77de2975d13834d94ecceb\" tg-width=\"428\" tg-height=\"241\" referrerpolicy=\"no-referrer\"/></p><p>Alibaba SOTP valuation (Author generated)</p><h2>Risks</h2><h3>Competitive pressures</h3><p>The e-commerce and cloud computing space in China is highly competitive and while Alibaba has a strong competitive position, it risks losing this position if competitors are able to innovate and outcompete the company. In the China e-commerce space, there are established players with specific advantages like JD.com (JD) and Pinduoduo (PDD) that compete with Alibaba for e-commerce market share. In the cloud space, there are large players that continue to vie for market share in China. Lastly, in the international e-commerce segment, Amazon (AMZN) and Sea Limited&#39;s (SE) Shopee are the main contenders for Alibaba&#39;s e-commerce segment in the international region.</p><h3>Cloud risks</h3><p>Alibaba looks to be gaining business in non-Internet sectors while the demand for Internet sectors remains weak. There is a risk that other players in China may attempt to take share from Alibaba. This includes established cloud players like Huawei, Tencent (OTCPK:TCEHY), and China Telecom. This could slow growth for Alibaba&#39;s cloud segment in the near term as the competitive landscape sours.</p><h2>Conclusion</h2><p>2023 will be a great year for Alibaba, in my view. As mentioned earlier in the article, the fundamentals are improving for a business that has seen very negative sentiment for some time now. The improving China eCommerce outlook from the low base in 2022 and the reopening of the Chinese economy, as well as the improving business momentum for the cloud business, will drive top-line growth to re-accelerate. The cost optimization efforts happening in 2022 will continue to show results in 2023 as the losses narrow for many of Alibaba&#39;s businesses. Lastly, Alibaba remains committed to add value to shareholders and the share repurchase program will continue. I think that the risk/reward perspective for Alibaba looks positive and my target price for Alibaba is $143, implying 57% upside from current levels.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Stock Forecast For 2023: What To Watch For</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba Stock Forecast For 2023: What To Watch For\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4562972-alibaba-stock-forecast-2023><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba has gone up by more than 30% since my last buy rating on it, and this article looks forward to see what we should watch out for in 2023.For China eCommerce, I expect it to show strong ...</p>\n\n<a href=\"https://seekingalpha.com/article/4562972-alibaba-stock-forecast-2023\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4562972-alibaba-stock-forecast-2023","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2289468660","content_text":"SummaryAlibaba has gone up by more than 30% since my last buy rating on it, and this article looks forward to see what we should watch out for in 2023.For China eCommerce, I expect it to show strong growth in 2023 on the back of a low base and removal of covid restrictions as Alibaba emerges as a re-opening play.For cloud, I expect the demand from the Internet sector to recover while non-Internet sector continues its momentum.I think cost optimization efforts will continue to show results in 2023 and drive solid EPS gains in 2023.My target price for Alibaba is $143, implying 57% upside from current levels.Since my last buy rating on Alibaba (NYSE:BABA), the stock has risen 30% and this article aims to look deeper into the company to determine what the outlook for the company is for 2023 and what we should look out for in the next year for Alibaba.Investment thesisAs mentioned earlier, I have written earlier articles about Alibaba, which can be found here. In my view, the setup is looking great for Alibaba in 2023 as I think that this is likely the best risk/reward opportunity available.First, the company looks set to be a key beneficiary of the opening up of China's economy as the country looks to remove covid restrictions. This, along with the low base of the China eCommerce business in 2022, will lead to strong growth in the core China eCommerce segment in 2023.Second, the cost optimization efforts are going well, and the effects are visible from the bottom-line beats that the company has achieved in recent quarters. Most of its newer and faster-growing initiatives are seeing narrower losses and I think this will continue in 2023 as the cost-saving initiatives will likely bear fruit in the quarters to come.Third, cloud will also see improving business fundamentals, as non-Internet sectors maintain their momentum and the Internet sector demand recovers in 2023.China eCommerce to post strong recovery in 2023 on low baseThe segment has been rather lackluster in recent quarters. This September 2022 quarter was no exception as China's covid policies continue to bite.Alibaba's 11.11 comments were not as positive as in prior years and this was a result of several negative influences in the 2022 version of 11.11. The bottom line is that China's strict restrictions may have negatively affected consumption levels in China during this year's 11.11. As a result, the GMV for this year's 11.11 was flat compared to the prior year. This flatter growth does imply that the near-term December 2022 quarter may be challenging for Alibaba and thus, the segment will likely pose more of a downside risk. The downside risk, if I were to quantify it, is roughly around 5% in GMV terms as this is the approximate gap between the 2022 11.11 performance and the typical December quarter GMV growth.For the next year in 2023, I think that Alibaba is actually a key beneficiary of the re-opening of the Chinese covid restrictions. This could be done by March 2022, and I expect that we will see Alibaba's China eCommerce business to grow by more than 10% in 2023. This is contributed by the high exposure that Alibaba has to discretionary spending, as well as the low base from 2022.Big profit driver from cost optimization in 2023One of the biggest positives for Alibaba in 2022 was the success from its cost optimization efforts. The market can see visible signs that the cost optimization efforts are taking effect and it is rewarding Alibaba for the good execution from the cost optimization efforts.As a result of cost optimization measures, the company has seen bottom-line beats in recent quarters, which is testament to the management's efforts to drive costs down as the business slows.I continue to expect that the cost savings will continue to flow through in the coming quarters as we have seen the peak adjusted EBITA loss for the new initiatives that Alibaba is undertaking in the December quarter from last year. For the September 2022 quarter, I think that we continue to see improvement in cost savings in the new initiatives segments as the combined losses amounted to about Rmb6 billion in the recent quarter, compared to Rmb19 billion in the same quarter in the prior year.For Alibaba's China commerce segment, its segment margin improved by 1 percentage point compared to the prior quarter to 32% in the September 2022 quarter. This was a result of reduced losses for Taobao Deals and Taocaicai. In addition, international commerce also saw reduced losses as a result of losses being reduced at Lazada and Trendyol as the EBITA loss narrowed from Rmb2,481 million in the prior year to Rmb960 million in the September quarter of 2022. Local services also narrowed losses further in the September 2022 quarter to Rmb3,044 million, down from Rmb4,770 million in the prior year. This was driven by improving unit economics in Ele.me as delivery cost per order was reduced and average order value increased.I continue to expect that losses will narrow through the December quarter of 2022 and into 2023 as management continues to be effective in driving margin improvement and cost savings across the business. I expect that the cost savings will continue into 2023 and this will drive an adjusted EPS growth of +41% in the next year as the business revenues and profits start to recover.Recovery in growth for the cloud segment in 2023For Alibaba's cloud segment, the outlook for 2023 looks more encouraging than what has happened for 2022. First, Alibaba recently disclosed for the first time ever, its revenue mix between Internet and non-Internet industries. In the September 2022 quarter results, the non-Internet segment grew by 28% year on year and now represents 58% of the total cloud segment. The strong growth in the non-Internet segment is a key driver for continued growth for the overall cloud segment as diversification in sectors within the cloud segment has paid off. This strong growth was contributed by the financial services, telecommunication and public services industries respectively.That said, the Internet client portion of the cloud segment is still struggling as the revenues for the Internet sector were down 18% year on year. This, again, is due to a loss of one of Alibaba's key Internet customers, as well as its online education customers, and due to the relatively weaker demand from the Internet sector in general.For 2023, where will we see Alibaba's cloud segment head towards? I think the answer is increasingly tilted towards a stronger growth profile for the cloud segment. In the near term, we may see that there are still existing headwinds from the company's Internet sector exposure, but I think that this will improve through 2023. First, I expect that the non-Internet industries will continue to progress and grow robustly as the country comes out from covid lockdowns and removes strict restrictions. Second, I think that we will see that the demand from the Internet sector will also recover as sentiment in the sector improves over the course of the year. Taken together, my expectation is for the overall cloud revenue growth to reach the teens level by next year, as the second half will prove to be a strong quarter for the cloud segment with the continued increasing demand.Creating value for BABA shareholders in 2023Alibaba has been an active repurchaser of its shares as it initially has a share repurchase program that was authorized in 2019 for $6 billion to be used over 2 years.This program has been extended and increased a few times, and the recent announcement in November 2022 was that Alibaba will be increasing its share repurchase program by another $15 billion, to $40 billion. Furthermore, the program was also extended all the way to the end of March 2025.Alibaba noted that as of 16 November 2022, it has repurchased $18 billion in shares, which means that it has $22 billion remaining for the enlarged share repurchase program that it currently has. For reference, Alibaba's buyback in the September 2022 quarter represented 39% of its free cash flows. I think that there will be a large percentage of capital that will be committed to share repurchases in the next year as Alibaba continues to execute on its share repurchase program until the end of 2025. At the end of the day, shareholders should benefit from these repurchases as Alibaba executes on the repurchase program.ValuationI use a sum of the parts valuation model to derive my target price for Alibaba. This involves determining a value for each part of Alibaba's business.First, for the China eCommerce segment, I think that we will likely see a strong growth return to the segment on the back of a low base and relaxing of covid restrictions in China. This upside has been taken into account for my forecast for 2023. At the same time, there is a risk that the company may face a slowdown as a result of the weakening macroeconomic environment in China. As such, I incorporate conservatism into my financial forecasts to take this into account as well.Second, for Local Services, Cainiao and other investments and associates held by the company, I value these by their latest transaction values and market capitalizations of the respective companies.Lastly, for Youku, International Commerce and Cloud, I use a DCF methodology to derive the value of these segments. I take into account the long-term growth opportunities for the International Commerce segment and the robust growth opportunities for the Cloud segment.Taking all these together, I also applied a 30% holding discount. Based on that, my target price for Alibaba is $143, implying around 57% upside from current levels.Alibaba SOTP valuation (Author generated)RisksCompetitive pressuresThe e-commerce and cloud computing space in China is highly competitive and while Alibaba has a strong competitive position, it risks losing this position if competitors are able to innovate and outcompete the company. In the China e-commerce space, there are established players with specific advantages like JD.com (JD) and Pinduoduo (PDD) that compete with Alibaba for e-commerce market share. In the cloud space, there are large players that continue to vie for market share in China. Lastly, in the international e-commerce segment, Amazon (AMZN) and Sea Limited's (SE) Shopee are the main contenders for Alibaba's e-commerce segment in the international region.Cloud risksAlibaba looks to be gaining business in non-Internet sectors while the demand for Internet sectors remains weak. There is a risk that other players in China may attempt to take share from Alibaba. This includes established cloud players like Huawei, Tencent (OTCPK:TCEHY), and China Telecom. This could slow growth for Alibaba's cloud segment in the near term as the competitive landscape sours.Conclusion2023 will be a great year for Alibaba, in my view. As mentioned earlier in the article, the fundamentals are improving for a business that has seen very negative sentiment for some time now. The improving China eCommerce outlook from the low base in 2022 and the reopening of the Chinese economy, as well as the improving business momentum for the cloud business, will drive top-line growth to re-accelerate. The cost optimization efforts happening in 2022 will continue to show results in 2023 as the losses narrow for many of Alibaba's businesses. Lastly, Alibaba remains committed to add value to shareholders and the share repurchase program will continue. I think that the risk/reward perspective for Alibaba looks positive and my target price for Alibaba is $143, implying 57% upside from current levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":498,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9086942458,"gmtCreate":1650412773630,"gmtModify":1676534716948,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"content streaming is getting more competitive....&nbsp;","listText":"content streaming is getting more competitive....&nbsp;","text":"content streaming is getting more competitive....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9086942458","repostId":"2228911690","repostType":2,"repost":{"id":"2228911690","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":1650409611,"share":"https://ttm.financial/m/news/2228911690?lang=&edition=fundamental","pubTime":"2022-04-20 07:06","market":"us","language":"en","title":"Netflix Shares Fell 25%, Losing Subscribers Amid Growing Competition, Account Sharing","url":"https://stock-news.laohu8.com/highlight/detail?id=2228911690","media":"Dow Jones","summary":"Netflix Inc. lost subscribers globally in the first quarter and expects to lose even more this sprin","content":"<html><head></head><body><p>Netflix Inc. lost subscribers globally in the first quarter and expects to lose even more this spring, as the streaming giant grapples with stiffer competition from rival services and rampant account sharing among its customers.</p><p>The company ended the first quarter with 200,000 fewer subscribers than it had in the fourth, missing on its own projection of adding 2.5 million customers in the period. Netflix said it expected to lose two million global subscribers in the current quarter.</p><p>Netflix shares fell 25% in after-hours trading. Through Tuesday&#39;s close, the stock was off more than 40% for the year so far.</p><p><img src=\"https://static.tigerbbs.com/cf86a748550d7075a6b27a2aa1497efe\" tg-width=\"857\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/></p><p>Netflix blamed password sharing among its members and increased streaming competition for creating what it called &#34;revenue growth headwinds.&#34; Netflix estimated that besides its almost 222 million paying households, the service is being shared with an additional 100 million homes including 30 million in the U.S. and Canada.</p><p>In its letter to investors, Netflix said it is testing password-sharing subscription models that it believes will allow it to monetize sharing and build revenue. The company said the portion of its members who share accounts hasn&#39;t changed much over the years, but as its overall subscriber base continues to expand, account sharing is hampering future growth in many markets.</p><p>The streaming giant said revenue growth has slowed considerably after years of 20%-plus gains. Revenue in the first quarter rose roughly 10% to $7.87 billion, below analysts&#39; projections of $7.93 billion.</p><p>Netflix also warned that gains made during the Covid-19 pandemic hid the fault lines that have emerged in its business over the past few years. &#34;Covid clouded the picture by significantly increasing our growth in 2020, leading us to believe that most of our slowing growth in 2021 was due to the Covid pull forward,&#34; the company said in its letter.</p><p>The subscription decline brought Netflix&#39;s paid global subscriber base to 221.6 million, down from 221.8 million in the prior quarter. Net profit was $1.6 billion, down from $1.71 billion a year earlier.</p><p>Besides competition and password sharing, Netflix said slowing growth reflected such factors as the rate of adoption of smart TVs, data costs and world events including increasing inflation, Russia&#39;s invasion of Ukraine and continuing disruption from the pandemic.</p><p>Netflix said shutting down its service in Russia resulted in the loss of 700,000 subscribers.</p><p>With a rate of growth that has been the envy of the industry for more than a decade, Netflix is seen as a barometer for streaming. As competition grew and programming costs rose, the company moved recently to raise the price for its monthly plans for the first time since 2020.</p><p>Netflix&#39;s approach contrasts with options presented by competitors. Walt Disney Co. announced last month that it would roll out a cheaper, ad-supported Disney+ subscription in the U.S. beginning in late 2022. The move would leave Netflix and Apple Inc. as the only major streaming services that don&#39;t offer a lower-cost, ad-supported option.</p><p>While Netflix has no stated plans to launch an advertiser-supported tier, during a recent investment conference its chief operating officer, Spencer Neumann, said: &#34;Never say never.&#34;</p><p>Netflix&#39;s first-quarter operating margin was 25.1%, down from 27.4% a year earlier. The company said it aims to keep its operating margin at 20% in the future.</p><p>Netflix said its plan to right itself will be heavily focused on improving the quality of its programming and the recommendations that platform provides to its customers to keep them engaged in the content and on the service. Netflix already spends more than any other entertainment provider, with a programming budget that is expected to surpass $20 billion this year.</p><p>Although Netflix has several hit shows including &#34;Stranger Things,&#34; &#34;Bridgerton&#34; and &#34;The Crown,&#34; the service has also had its fair share of expensive flops recently including shows such as &#34;Jupiter Ascending&#34; and &#34;Space Force.&#34;</p><p>World-wide, Netflix said its business in Central and Eastern Europe showed the effects of Russia&#39;s attack on Ukraine. Also down was Latin America, which lost 400,000 subscribers. In the U.S. and Canada, the company lost 600,000 subscribers, which it attributed to its recent price increase.</p><p>The company said it had grown in Japan, India, the Philippines, Thailand and Taiwan.</p><p>&#34;Over the longer term, much of our growth will come from outside the U.S.,&#34; Netflix said.</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>Netflix Shares Fell 25%, Losing Subscribers Amid Growing Competition, Account Sharing</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\">\nNetflix Shares Fell 25%, Losing Subscribers Amid Growing Competition, Account Sharing\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\">2022-04-20 07:06</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Netflix Inc. lost subscribers globally in the first quarter and expects to lose even more this spring, as the streaming giant grapples with stiffer competition from rival services and rampant account sharing among its customers.</p><p>The company ended the first quarter with 200,000 fewer subscribers than it had in the fourth, missing on its own projection of adding 2.5 million customers in the period. Netflix said it expected to lose two million global subscribers in the current quarter.</p><p>Netflix shares fell 25% in after-hours trading. Through Tuesday&#39;s close, the stock was off more than 40% for the year so far.</p><p><img src=\"https://static.tigerbbs.com/cf86a748550d7075a6b27a2aa1497efe\" tg-width=\"857\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/></p><p>Netflix blamed password sharing among its members and increased streaming competition for creating what it called &#34;revenue growth headwinds.&#34; Netflix estimated that besides its almost 222 million paying households, the service is being shared with an additional 100 million homes including 30 million in the U.S. and Canada.</p><p>In its letter to investors, Netflix said it is testing password-sharing subscription models that it believes will allow it to monetize sharing and build revenue. The company said the portion of its members who share accounts hasn&#39;t changed much over the years, but as its overall subscriber base continues to expand, account sharing is hampering future growth in many markets.</p><p>The streaming giant said revenue growth has slowed considerably after years of 20%-plus gains. Revenue in the first quarter rose roughly 10% to $7.87 billion, below analysts&#39; projections of $7.93 billion.</p><p>Netflix also warned that gains made during the Covid-19 pandemic hid the fault lines that have emerged in its business over the past few years. &#34;Covid clouded the picture by significantly increasing our growth in 2020, leading us to believe that most of our slowing growth in 2021 was due to the Covid pull forward,&#34; the company said in its letter.</p><p>The subscription decline brought Netflix&#39;s paid global subscriber base to 221.6 million, down from 221.8 million in the prior quarter. Net profit was $1.6 billion, down from $1.71 billion a year earlier.</p><p>Besides competition and password sharing, Netflix said slowing growth reflected such factors as the rate of adoption of smart TVs, data costs and world events including increasing inflation, Russia&#39;s invasion of Ukraine and continuing disruption from the pandemic.</p><p>Netflix said shutting down its service in Russia resulted in the loss of 700,000 subscribers.</p><p>With a rate of growth that has been the envy of the industry for more than a decade, Netflix is seen as a barometer for streaming. As competition grew and programming costs rose, the company moved recently to raise the price for its monthly plans for the first time since 2020.</p><p>Netflix&#39;s approach contrasts with options presented by competitors. Walt Disney Co. announced last month that it would roll out a cheaper, ad-supported Disney+ subscription in the U.S. beginning in late 2022. The move would leave Netflix and Apple Inc. as the only major streaming services that don&#39;t offer a lower-cost, ad-supported option.</p><p>While Netflix has no stated plans to launch an advertiser-supported tier, during a recent investment conference its chief operating officer, Spencer Neumann, said: &#34;Never say never.&#34;</p><p>Netflix&#39;s first-quarter operating margin was 25.1%, down from 27.4% a year earlier. The company said it aims to keep its operating margin at 20% in the future.</p><p>Netflix said its plan to right itself will be heavily focused on improving the quality of its programming and the recommendations that platform provides to its customers to keep them engaged in the content and on the service. Netflix already spends more than any other entertainment provider, with a programming budget that is expected to surpass $20 billion this year.</p><p>Although Netflix has several hit shows including &#34;Stranger Things,&#34; &#34;Bridgerton&#34; and &#34;The Crown,&#34; the service has also had its fair share of expensive flops recently including shows such as &#34;Jupiter Ascending&#34; and &#34;Space Force.&#34;</p><p>World-wide, Netflix said its business in Central and Eastern Europe showed the effects of Russia&#39;s attack on Ukraine. Also down was Latin America, which lost 400,000 subscribers. In the U.S. and Canada, the company lost 600,000 subscribers, which it attributed to its recent price increase.</p><p>The company said it had grown in Japan, India, the Philippines, Thailand and Taiwan.</p><p>&#34;Over the longer term, much of our growth will come from outside the U.S.,&#34; Netflix said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","BK4566":"资本集团","QNETCN":"纳斯达克中美互联网老虎指数","NFLX":"奈飞","BK4524":"宅经济概念","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4108":"电影和娱乐","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4527":"明星科技股","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2228911690","content_text":"Netflix Inc. lost subscribers globally in the first quarter and expects to lose even more this spring, as the streaming giant grapples with stiffer competition from rival services and rampant account sharing among its customers.The company ended the first quarter with 200,000 fewer subscribers than it had in the fourth, missing on its own projection of adding 2.5 million customers in the period. Netflix said it expected to lose two million global subscribers in the current quarter.Netflix shares fell 25% in after-hours trading. Through Tuesday's close, the stock was off more than 40% for the year so far.Netflix blamed password sharing among its members and increased streaming competition for creating what it called \"revenue growth headwinds.\" Netflix estimated that besides its almost 222 million paying households, the service is being shared with an additional 100 million homes including 30 million in the U.S. and Canada.In its letter to investors, Netflix said it is testing password-sharing subscription models that it believes will allow it to monetize sharing and build revenue. The company said the portion of its members who share accounts hasn't changed much over the years, but as its overall subscriber base continues to expand, account sharing is hampering future growth in many markets.The streaming giant said revenue growth has slowed considerably after years of 20%-plus gains. Revenue in the first quarter rose roughly 10% to $7.87 billion, below analysts' projections of $7.93 billion.Netflix also warned that gains made during the Covid-19 pandemic hid the fault lines that have emerged in its business over the past few years. \"Covid clouded the picture by significantly increasing our growth in 2020, leading us to believe that most of our slowing growth in 2021 was due to the Covid pull forward,\" the company said in its letter.The subscription decline brought Netflix's paid global subscriber base to 221.6 million, down from 221.8 million in the prior quarter. Net profit was $1.6 billion, down from $1.71 billion a year earlier.Besides competition and password sharing, Netflix said slowing growth reflected such factors as the rate of adoption of smart TVs, data costs and world events including increasing inflation, Russia's invasion of Ukraine and continuing disruption from the pandemic.Netflix said shutting down its service in Russia resulted in the loss of 700,000 subscribers.With a rate of growth that has been the envy of the industry for more than a decade, Netflix is seen as a barometer for streaming. As competition grew and programming costs rose, the company moved recently to raise the price for its monthly plans for the first time since 2020.Netflix's approach contrasts with options presented by competitors. Walt Disney Co. announced last month that it would roll out a cheaper, ad-supported Disney+ subscription in the U.S. beginning in late 2022. The move would leave Netflix and Apple Inc. as the only major streaming services that don't offer a lower-cost, ad-supported option.While Netflix has no stated plans to launch an advertiser-supported tier, during a recent investment conference its chief operating officer, Spencer Neumann, said: \"Never say never.\"Netflix's first-quarter operating margin was 25.1%, down from 27.4% a year earlier. The company said it aims to keep its operating margin at 20% in the future.Netflix said its plan to right itself will be heavily focused on improving the quality of its programming and the recommendations that platform provides to its customers to keep them engaged in the content and on the service. Netflix already spends more than any other entertainment provider, with a programming budget that is expected to surpass $20 billion this year.Although Netflix has several hit shows including \"Stranger Things,\" \"Bridgerton\" and \"The Crown,\" the service has also had its fair share of expensive flops recently including shows such as \"Jupiter Ascending\" and \"Space Force.\"World-wide, Netflix said its business in Central and Eastern Europe showed the effects of Russia's attack on Ukraine. Also down was Latin America, which lost 400,000 subscribers. In the U.S. and Canada, the company lost 600,000 subscribers, which it attributed to its recent price increase.The company said it had grown in Japan, India, the Philippines, Thailand and Taiwan.\"Over the longer term, much of our growth will come from outside the U.S.,\" Netflix said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013194315,"gmtCreate":1648689067270,"gmtModify":1676534379718,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"interesting","listText":"interesting","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013194315","repostId":"1105560756","repostType":4,"repost":{"id":"1105560756","kind":"news","pubTimestamp":1648688437,"share":"https://ttm.financial/m/news/1105560756?lang=&edition=fundamental","pubTime":"2022-03-31 09:00","market":"us","language":"en","title":"Cathie Wood's ARK Invest Trades for 3/30: Buy Coinbase, Sell Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1105560756","media":"24/7 wall street","summary":"Markets pulled back slightly on Wednesday after just reaching levels not seen since January.ARK Invest funds took the hit as well with losses across the board.ARKX performed the best out of the group,","content":"<html><head></head><body><p>Markets pulled back slightly on Wednesday after just reaching levels not seen since January.</p><p>ARK Invest funds took the hit as well with losses across the board.</p><p>ARKX performed the best out of the group, with a 0.8% loss on the day, while ARKF did the worst, down 3.8%.</p><p>The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: NO TRADES</p><p>ARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 26,361 shares of Adaptive Biotechnologies, Buy 221,118 shares of Somalogic, Buy 114,371 shares of Twist Bioscience, &amp; Buy 150,051 shares of Burning Rock Biotech.</p><p>ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: Buy 80,300 shares of Coinbase &amp; Sell 381,951 shares of Twist Bioscience.</p><p>ARK Autonomous Technology &amp; Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: Buy 4,979 shares of BYD &amp; Sell 5,666 shares of Aerovironment.</p><p>ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: Buy 16,291 shares of Coinbase &amp; Sell 2,978 shares of Tesla.</p><p>Ark Space Exploration &amp; Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: Buy 1,032 shares of Mynaric, Buy 35,979 shares of 3D Systems &amp; Sell 1,632 shares of Aerovironment.</p><p>Check out all the trades here:</p><p><img src=\"https://static.tigerbbs.com/651209decb561a66997e1f3b8c2348f3\" tg-width=\"955\" tg-height=\"843\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1620372341666","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood's ARK Invest Trades for 3/30: Buy Coinbase, Sell Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood's ARK Invest Trades for 3/30: Buy Coinbase, Sell Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-31 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2022/03/30/cathie-woods-ark-invest-trades-for-3-30/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Markets pulled back slightly on Wednesday after just reaching levels not seen since January.ARK Invest funds took the hit as well with losses across the board.ARKX performed the best out of the group,...</p>\n\n<a href=\"https://247wallst.com/investing/2022/03/30/cathie-woods-ark-invest-trades-for-3-30/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉"},"source_url":"https://247wallst.com/investing/2022/03/30/cathie-woods-ark-invest-trades-for-3-30/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105560756","content_text":"Markets pulled back slightly on Wednesday after just reaching levels not seen since January.ARK Invest funds took the hit as well with losses across the board.ARKX performed the best out of the group, with a 0.8% loss on the day, while ARKF did the worst, down 3.8%.The ARK Fintech Innovation ETF (NYSEARCA: ARKF) deals mainly with up-and-coming fintech stocks, as the name suggests. Some of its biggest holdings include Square, Zillow, Pinterest, PayPal and Alibaba. Net assets for the fund are currently $2.2 billion. There was one notable trade in this fund: NO TRADESARK Genomic Revolution ETF (NYSEARCA: ARKG) looks at companies across multiple industries, but the general focus is on health care and companies that are changing the game technologically in this field. The biggest holdings are Pacific Biosciences, Teladoc Health, CRISPR and Fate Therapeutics. Net assets for the fund are currently $5.1 billion. Here are some notable trades in this fund: Buy 26,361 shares of Adaptive Biotechnologies, Buy 221,118 shares of Somalogic, Buy 114,371 shares of Twist Bioscience, & Buy 150,051 shares of Burning Rock Biotech.ARK Innovation ETF (NYSEARCA: ARKK) has a particular focus on disruptive innovation across multiple industries, but primarily tech. Some of the biggest names are in this fund, including Tesla, Roku, Square, Zillow and Spotify. Net assets for this fund are currently $16.2 billion. Here are some notable trades in this fund: Buy 80,300 shares of Coinbase & Sell 381,951 shares of Twist Bioscience.ARK Autonomous Technology & Robotics ETF (NYSEARCA: ARKQ) is focused, unsurprisingly, on companies that are in the field of autonomous technology and robotics, specifically ones that are disruptively innovating. Big names in this fund include Tesla, Alphabet, JD.com, Baidu and Iridium. Net assets for this fund are currently $2.2 billion. Here are some notable trades in the fund: Buy 4,979 shares of BYD & Sell 5,666 shares of Aerovironment.ARK Next Generation Internet ETF (NYSEARCA: ARKW) is focused on companies that are disruptively innovating within the theme of the next generation of the internet. Some names in this fund are similar to the others, including Tesla, Square, Grayscale Bitcoin Trust, Facebook and Snap. Net assets for this fund are currently $3.8 billion. Here are the notable trades in the fund: Buy 16,291 shares of Coinbase & Sell 2,978 shares of Tesla.Ark Space Exploration & Innovation ETF (NYSEARCA: ARKX) is focused primarily on companies developing technology around spaceflight. Big names in this fund include Trimble, Kratos, Nvidia, Amazon and Iridium. Net assets for this fund are currently $468.9 million. There was one notable purchase in the fund: Buy 1,032 shares of Mynaric, Buy 35,979 shares of 3D Systems & Sell 1,632 shares of Aerovironment.Check out all the trades here:","news_type":1},"isVote":1,"tweetType":1,"viewCount":21,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936029344,"gmtCreate":1662684712188,"gmtModify":1676537117067,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Shoe term market volatility is part and parcel of what investors have to bear with, esp amid inflation. it is the long term business quality and patience that counts.&nbsp;","listText":"Shoe term market volatility is part and parcel of what investors have to bear with, esp amid inflation. it is the long term business quality and patience that counts.&nbsp;","text":"Shoe term market volatility is part and parcel of what investors have to bear with, esp amid inflation. it is the long term business quality and patience that counts.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936029344","isVote":1,"tweetType":1,"viewCount":712,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9083474636,"gmtCreate":1650158786012,"gmtModify":1676534658206,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Telsa is trying to establish brand equity...&nbsp;","listText":"Telsa is trying to establish brand equity...&nbsp;","text":"Telsa is trying to establish brand equity...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9083474636","repostId":"2227986491","repostType":4,"repost":{"id":"2227986491","kind":"highlight","pubTimestamp":1650153489,"share":"https://ttm.financial/m/news/2227986491?lang=&edition=fundamental","pubTime":"2022-04-17 07:58","market":"us","language":"en","title":"Is Tesla a Safe Stock to Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=2227986491","media":"Motley Fool","summary":"Tesla as a company has good prospects, but owning the stock comes with some risks.","content":"<html><head></head><body><p><b>Tesla</b> ( TSLA -3.65% ) is a company not easily ignored. Customers seem to love the company&#39;s well-designed electric vehicles (EVs) while the bulls seem quite pleased with the 33% stock price rise in the last 12 months. On the other end, the bears are very skeptical of the sustainability of its outsized stock price run. After all, Tesla stock delivered more than a 15-fold return in the last five years.</p><p>But for potential investors thinking about buying the stock now, it is crucial to consider whether it is safe to invest in Tesla today. While that is not going to be an easy exercise, investors should at least consider these two questions about the company and its stock.</p><p><img src=\"https://static.tigerbbs.com/42bdaade247c7cea04b918d57eb73d34\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><h2><b>1. Is Tesla a durable business?</b></h2><p>Tesla has reported some solid financials lately. After delivering its first profitable year in 2020, Tesla exceeded that performance in 2021. It delivered a record 936,222 EVs to customers, grew revenue and net profit by 73% and 665%, respectively, and expanded free cash flow by 80% to $5 billion.</p><p>But note that the last paragraph started out by using the word &#34;lately.&#34; It&#39;s useful to also be aware that Tesla had never delivered a profitable year until 2020. It has been on the brink of bankruptcy a few times, most recently from 2017 to 2019. But as the worldwide transition from combustion engines into electric engines gained steam, Tesla was favorably positioned to capture the pent-up demand. And it did, as is evident by its solid numbers.</p><p>While the 2021 result was remarkable, it is still an outlier more than a norm. The biggest issue is that two profitable years provide little assurance that Tesla can sustain that in the coming years. As the car industry is highly cyclical, an economic downturn (such as a recession) will cause consumers to tighten their belts. When that happens, average folks tend to delay their purchase of high-value items like a car, which could reduce industry volume. We still do not know how Tesla will perform in such an environment.</p><p>On top of that, the EV race has intensified in recent years. While Tesla is still the dominant player -- with a 21% global market share in 2021, according to Autocar -- incumbents like <b>General Motors</b> and <b>Ford Motor Company</b> have big plans to ramp up their production. Tesla also faces competition from Chinese car companies like <b>BYD</b> and <b>Nio</b>. The former, backed by Warren Buffett, sold 593,745 EVs in 2021. BYD also announced that it would stop producing combustion engine vehicles to focus on EVs and plug-in hybrids.</p><p>In short, Tesla must execute flawlessly in the coming years to maintain its market share and stay profitable. While we do not know whether the company can sustain its strong execution, there is <a href=\"https://laohu8.com/S/AONE.U\">one</a> thing we do know for sure: Gone are the days when Tesla had the whole EV market to itself.</p><h2><b>2. Does Tesla stock offer a margin of safety?</b></h2><p>Ask any investor how to make money in the stock market, and the usual reply will be to buy a stock when the price is low and sell when the price is high. However, this argument is incomplete since an investor should also consider the intrinsic value of the stock. The key is to buy when the stock price is lower than the intrinsic value (and sell when it is above).</p><p>But estimating intrinsic value is not a simple task. Not only are there many methods to calculate the intrinsic value of a company, but every investor will use different variables to compute. It is fair to say that every investor will arrive at a different intrinsic value for the same company.</p><p>Enter: margin of safety. The idea is that when investors buy a stock at a price materially lower than its intrinsic value, they have room for errors in their estimation of its value. Even if they make mistakes, they generally lose little money since they buy the stock cheaply.</p><p>So is Tesla&#39;s stock cheap enough today to offer a margin of safety to investors? Let us consider a few simple metrics. As of writing, Tesla has a price-to-sales (P/S), price-to-book (P/B), and price-to-earnings (P/E) ratio of 21, 35, and 209. Comparatively, General Motors&#39; P/S, P/B, and P/E ratios are 0.5, 1, and 5.9, respectively.</p><p>Tesla bulls will immediately cry foul, claiming that Tesla is fundamentally a different company from GM. While I agree with them that Tesla is not an average company, my argument is this: Is it worth 30 to 40 times more than GM? Or put it differently, is one Tesla equivalent to 30 to 40 GMs? To me, the answer is probably not.</p><h2><b>Back to the original question: Is Tesla stock safe to buy?</b></h2><p>There is no doubt that Tesla is a company with promising prospects. It is a leader in the EV industry and has significant investments in potentially major industries like autonomous vehicles, renewable energy, and others.</p><p>Still, I don&#39;t think it&#39;s safe to buy Tesla stock now with your hard-earned money. One reason is the company just turned profitable in 2020. It would need a few more profitable years before investors can safely assume the turnaround is permanent. Besides, its valuation is not cheap, which offers a very little margin of safety for investors.</p><p>So unless investors are looking for some adrenaline rush, they will be better off staying from the stock. And even if they are looking for such excitement, they can consider buying a Tesla car instead.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Tesla a Safe Stock to Buy Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Tesla a Safe Stock to Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-17 07:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/04/16/is-tesla-a-safe-stock-to-buy-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla ( TSLA -3.65% ) is a company not easily ignored. Customers seem to love the company's well-designed electric vehicles (EVs) while the bulls seem quite pleased with the 33% stock price rise in ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/04/16/is-tesla-a-safe-stock-to-buy-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4555":"新能源车","BK4099":"汽车制造商","BK4511":"特斯拉概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4574":"无人驾驶","BK4581":"高盛持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","TSLA":"特斯拉","BK4550":"红杉资本持仓"},"source_url":"https://www.fool.com/investing/2022/04/16/is-tesla-a-safe-stock-to-buy-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2227986491","content_text":"Tesla ( TSLA -3.65% ) is a company not easily ignored. Customers seem to love the company's well-designed electric vehicles (EVs) while the bulls seem quite pleased with the 33% stock price rise in the last 12 months. On the other end, the bears are very skeptical of the sustainability of its outsized stock price run. After all, Tesla stock delivered more than a 15-fold return in the last five years.But for potential investors thinking about buying the stock now, it is crucial to consider whether it is safe to invest in Tesla today. While that is not going to be an easy exercise, investors should at least consider these two questions about the company and its stock.Image source: Getty Images.1. Is Tesla a durable business?Tesla has reported some solid financials lately. After delivering its first profitable year in 2020, Tesla exceeded that performance in 2021. It delivered a record 936,222 EVs to customers, grew revenue and net profit by 73% and 665%, respectively, and expanded free cash flow by 80% to $5 billion.But note that the last paragraph started out by using the word \"lately.\" It's useful to also be aware that Tesla had never delivered a profitable year until 2020. It has been on the brink of bankruptcy a few times, most recently from 2017 to 2019. But as the worldwide transition from combustion engines into electric engines gained steam, Tesla was favorably positioned to capture the pent-up demand. And it did, as is evident by its solid numbers.While the 2021 result was remarkable, it is still an outlier more than a norm. The biggest issue is that two profitable years provide little assurance that Tesla can sustain that in the coming years. As the car industry is highly cyclical, an economic downturn (such as a recession) will cause consumers to tighten their belts. When that happens, average folks tend to delay their purchase of high-value items like a car, which could reduce industry volume. We still do not know how Tesla will perform in such an environment.On top of that, the EV race has intensified in recent years. While Tesla is still the dominant player -- with a 21% global market share in 2021, according to Autocar -- incumbents like General Motors and Ford Motor Company have big plans to ramp up their production. Tesla also faces competition from Chinese car companies like BYD and Nio. The former, backed by Warren Buffett, sold 593,745 EVs in 2021. BYD also announced that it would stop producing combustion engine vehicles to focus on EVs and plug-in hybrids.In short, Tesla must execute flawlessly in the coming years to maintain its market share and stay profitable. While we do not know whether the company can sustain its strong execution, there is one thing we do know for sure: Gone are the days when Tesla had the whole EV market to itself.2. Does Tesla stock offer a margin of safety?Ask any investor how to make money in the stock market, and the usual reply will be to buy a stock when the price is low and sell when the price is high. However, this argument is incomplete since an investor should also consider the intrinsic value of the stock. The key is to buy when the stock price is lower than the intrinsic value (and sell when it is above).But estimating intrinsic value is not a simple task. Not only are there many methods to calculate the intrinsic value of a company, but every investor will use different variables to compute. It is fair to say that every investor will arrive at a different intrinsic value for the same company.Enter: margin of safety. The idea is that when investors buy a stock at a price materially lower than its intrinsic value, they have room for errors in their estimation of its value. Even if they make mistakes, they generally lose little money since they buy the stock cheaply.So is Tesla's stock cheap enough today to offer a margin of safety to investors? Let us consider a few simple metrics. As of writing, Tesla has a price-to-sales (P/S), price-to-book (P/B), and price-to-earnings (P/E) ratio of 21, 35, and 209. Comparatively, General Motors' P/S, P/B, and P/E ratios are 0.5, 1, and 5.9, respectively.Tesla bulls will immediately cry foul, claiming that Tesla is fundamentally a different company from GM. While I agree with them that Tesla is not an average company, my argument is this: Is it worth 30 to 40 times more than GM? Or put it differently, is one Tesla equivalent to 30 to 40 GMs? To me, the answer is probably not.Back to the original question: Is Tesla stock safe to buy?There is no doubt that Tesla is a company with promising prospects. It is a leader in the EV industry and has significant investments in potentially major industries like autonomous vehicles, renewable energy, and others.Still, I don't think it's safe to buy Tesla stock now with your hard-earned money. One reason is the company just turned profitable in 2020. It would need a few more profitable years before investors can safely assume the turnaround is permanent. Besides, its valuation is not cheap, which offers a very little margin of safety for investors.So unless investors are looking for some adrenaline rush, they will be better off staying from the stock. And even if they are looking for such excitement, they can consider buying a Tesla car instead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9017777327,"gmtCreate":1649815013010,"gmtModify":1676534582401,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"rate is going up...&nbsp;","listText":"rate is going up...&nbsp;","text":"rate is going up...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9017777327","repostId":"2227662612","repostType":4,"repost":{"id":"2227662612","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":1649803501,"share":"https://ttm.financial/m/news/2227662612?lang=&edition=fundamental","pubTime":"2022-04-13 06:45","market":"us","language":"en","title":"Wall St Reverses Gains, Closes Lower as Aggressive Fed Actions Loom","url":"https://stock-news.laohu8.com/highlight/detail?id=2227662612","media":"Reuters","summary":"* Benchmark 10-year Treasury yields regain ground after auction* Consumer prices up 8.5% in March vs","content":"<html><head></head><body><p>* Benchmark 10-year Treasury yields regain ground after auction</p><p>* Consumer prices up 8.5% in March vs est 8.4%</p><p>* Indexes down: Dow 0.26%, S&amp;P 0.34%, Nasdaq 0.30%</p><p>NEW YORK, April 12 (Reuters) - Wall Street turned rally to sell-off on Tuesday, reversing earlier gains as impending monetary tightening from the Federal Reserve once again pulled growth stocks back into red territory.</p><p>All three major U.S. stock indexes turned from positive to negative early in the afternoon, weighed down by healthcare and financials.</p><p>The turnabout began in earnest shortly after remarks from Fed Governor Lael Brainard, who reiterated the need for the central bank to &#34;expeditiously&#34; take on decades-high inflation.</p><p>&#34;The comments coming out from Fed officials have been more hawkish than the markets have anticipated,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. &#34;(Brainard) has generally been nondescript, but now she’s more forceful in her commentary, and that’s getting people to sit up and take notice.&#34;</p><p>The Labor Department&#39;s CPI report showed the prices urban American consumers pay for a basket of goods posted the biggest monthly jump since September 2005, and an annual surge of 8.5%, the hottest year-on-year inflation number in more than four decades.</p><p>Much of the topline CPI growth was attributable to an 18.3% monthly surge in gasoline prices, to a record high of $4.33 per gallon.</p><p>The report did little to budge the needle of expectations regarding impending interest rate hikes from the Federal Reserve.</p><p>&#34;It&#39;s reiteration the Fed can&#39;t be sitting back here,&#34; Nolte added. &#34;They need to get moving, post-haste.&#34;</p><p>Early session gains were also dampened after a poor $34 billion 10-year Treasury auction, which helped benchmark yields bounce off session lows.</p><p>The Dow Jones Industrial Average fell 87.72 points, or 0.26%, to 34,220.36, the S&amp;P 500 lost 15.08 points, or 0.34%, to 4,397.45 and the Nasdaq Composite dropped 40.38 points, or 0.3%, to 13,371.57.</p><p>Energy shares enjoyed the largest percentage gain among the 11 major sectors in the S&amp;P 500, jumping 1.7% on the back of surging crude prices.</p><p>First-quarter earnings season bursts through the starting gate later this week, with big banks leading the way.</p><p>Analysts have curbed their first-quarter optimism. Annual S&amp;P 500 earnings growth was recently estimated to be 6.1%, down from 7.5% at the beginning of the year.</p><p>CrowdStrike Holdings Inc rose 3.2% after Goldman Sachs upgraded the cybersecurity company&#39;s shares to &#34;buy&#34;, citing elevated demand.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.07-to-1 ratio; on Nasdaq, a 1.26-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 24 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 53 new highs and 246 new lows.</p><p>Volume on U.S. exchanges was 11.25 billion shares, compared with the 12.60 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>Wall St Reverses Gains, Closes Lower as Aggressive Fed Actions Loom</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\">\nWall St Reverses Gains, Closes Lower as Aggressive Fed Actions Loom\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\">2022-04-13 06:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Benchmark 10-year Treasury yields regain ground after auction</p><p>* Consumer prices up 8.5% in March vs est 8.4%</p><p>* Indexes down: Dow 0.26%, S&amp;P 0.34%, Nasdaq 0.30%</p><p>NEW YORK, April 12 (Reuters) - Wall Street turned rally to sell-off on Tuesday, reversing earlier gains as impending monetary tightening from the Federal Reserve once again pulled growth stocks back into red territory.</p><p>All three major U.S. stock indexes turned from positive to negative early in the afternoon, weighed down by healthcare and financials.</p><p>The turnabout began in earnest shortly after remarks from Fed Governor Lael Brainard, who reiterated the need for the central bank to &#34;expeditiously&#34; take on decades-high inflation.</p><p>&#34;The comments coming out from Fed officials have been more hawkish than the markets have anticipated,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. &#34;(Brainard) has generally been nondescript, but now she’s more forceful in her commentary, and that’s getting people to sit up and take notice.&#34;</p><p>The Labor Department&#39;s CPI report showed the prices urban American consumers pay for a basket of goods posted the biggest monthly jump since September 2005, and an annual surge of 8.5%, the hottest year-on-year inflation number in more than four decades.</p><p>Much of the topline CPI growth was attributable to an 18.3% monthly surge in gasoline prices, to a record high of $4.33 per gallon.</p><p>The report did little to budge the needle of expectations regarding impending interest rate hikes from the Federal Reserve.</p><p>&#34;It&#39;s reiteration the Fed can&#39;t be sitting back here,&#34; Nolte added. &#34;They need to get moving, post-haste.&#34;</p><p>Early session gains were also dampened after a poor $34 billion 10-year Treasury auction, which helped benchmark yields bounce off session lows.</p><p>The Dow Jones Industrial Average fell 87.72 points, or 0.26%, to 34,220.36, the S&amp;P 500 lost 15.08 points, or 0.34%, to 4,397.45 and the Nasdaq Composite dropped 40.38 points, or 0.3%, to 13,371.57.</p><p>Energy shares enjoyed the largest percentage gain among the 11 major sectors in the S&amp;P 500, jumping 1.7% on the back of surging crude prices.</p><p>First-quarter earnings season bursts through the starting gate later this week, with big banks leading the way.</p><p>Analysts have curbed their first-quarter optimism. Annual S&amp;P 500 earnings growth was recently estimated to be 6.1%, down from 7.5% at the beginning of the year.</p><p>CrowdStrike Holdings Inc rose 3.2% after Goldman Sachs upgraded the cybersecurity company&#39;s shares to &#34;buy&#34;, citing elevated demand.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.07-to-1 ratio; on Nasdaq, a 1.26-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 24 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 53 new highs and 246 new lows.</p><p>Volume on U.S. exchanges was 11.25 billion shares, compared with the 12.60 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":{"SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","BK4504":"桥水持仓",".DJI":"道琼斯","SDS":"两倍做空标普500ETF","BK4539":"次新股","COMP":"Compass, Inc.","CRWD":"CrowdStrike Holdings, Inc.",".IXIC":"NASDAQ Composite","BK4534":"瑞士信贷持仓","SH":"标普500反向ETF","IVV":"标普500指数ETF","UPRO":"三倍做多标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓","SSO":"两倍做多标普500ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF","OEX":"标普100","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2227662612","content_text":"* Benchmark 10-year Treasury yields regain ground after auction* Consumer prices up 8.5% in March vs est 8.4%* Indexes down: Dow 0.26%, S&P 0.34%, Nasdaq 0.30%NEW YORK, April 12 (Reuters) - Wall Street turned rally to sell-off on Tuesday, reversing earlier gains as impending monetary tightening from the Federal Reserve once again pulled growth stocks back into red territory.All three major U.S. stock indexes turned from positive to negative early in the afternoon, weighed down by healthcare and financials.The turnabout began in earnest shortly after remarks from Fed Governor Lael Brainard, who reiterated the need for the central bank to \"expeditiously\" take on decades-high inflation.\"The comments coming out from Fed officials have been more hawkish than the markets have anticipated,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"(Brainard) has generally been nondescript, but now she’s more forceful in her commentary, and that’s getting people to sit up and take notice.\"The Labor Department's CPI report showed the prices urban American consumers pay for a basket of goods posted the biggest monthly jump since September 2005, and an annual surge of 8.5%, the hottest year-on-year inflation number in more than four decades.Much of the topline CPI growth was attributable to an 18.3% monthly surge in gasoline prices, to a record high of $4.33 per gallon.The report did little to budge the needle of expectations regarding impending interest rate hikes from the Federal Reserve.\"It's reiteration the Fed can't be sitting back here,\" Nolte added. \"They need to get moving, post-haste.\"Early session gains were also dampened after a poor $34 billion 10-year Treasury auction, which helped benchmark yields bounce off session lows.The Dow Jones Industrial Average fell 87.72 points, or 0.26%, to 34,220.36, the S&P 500 lost 15.08 points, or 0.34%, to 4,397.45 and the Nasdaq Composite dropped 40.38 points, or 0.3%, to 13,371.57.Energy shares enjoyed the largest percentage gain among the 11 major sectors in the S&P 500, jumping 1.7% on the back of surging crude prices.First-quarter earnings season bursts through the starting gate later this week, with big banks leading the way.Analysts have curbed their first-quarter optimism. Annual S&P 500 earnings growth was recently estimated to be 6.1%, down from 7.5% at the beginning of the year.CrowdStrike Holdings Inc rose 3.2% after Goldman Sachs upgraded the cybersecurity company's shares to \"buy\", citing elevated demand.Declining issues outnumbered advancing ones on the NYSE by a 1.07-to-1 ratio; on Nasdaq, a 1.26-to-1 ratio favored decliners.The S&P 500 posted 24 new 52-week highs and 15 new lows; the Nasdaq Composite recorded 53 new highs and 246 new lows.Volume on U.S. exchanges was 11.25 billion shares, compared with the 12.60 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987722153,"gmtCreate":1668002154972,"gmtModify":1676537996985,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"unregulated has its dark side too","listText":"unregulated has its dark side too","text":"unregulated has its dark side too","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9987722153","repostId":"1116383678","repostType":2,"repost":{"id":"1116383678","kind":"news","pubTimestamp":1668000069,"share":"https://ttm.financial/m/news/1116383678?lang=&edition=fundamental","pubTime":"2022-11-09 21:21","market":"other","language":"en","title":"Bitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1116383678","media":"Yahoo Finance","summary":"Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an ","content":"<html><head></head><body><p>Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an emergency deal struck between two of crypto&#39;s largest exchanges, Binance and FTX.</p><p>Bitcoin hit $17,415 early Wednesday morning, the lowest point since November 2020, according to Coinmarketcap. It&#39;s down 10.8% in the last 24 hours, trading above $17,655.</p><p>The decline comes as the unexpected deal — far from set in stone in a non-binding letter of intent — raised fears among investors and analysts that FTX&#39;s troubles could spread through the crypto universe.</p><p>“FTX’s leader Sam Bankman-Fried was the white knight who has been saving companies throughout most of this crypto winter,&#34; Edward Moya, senior market analyst at Oanda, told Yahoo Finance on Tuesday. &#34;Seeing one of the major players wave the white flag is making a lot of people nervous that more pain could come.&#34;</p><p>Other cryptocurrencies also plunged.</p><p>The second largest cryptocurrency, ether (ETH-USD) sold off by 17% over the past day from $1,448 to $1,164. FTX&#39;s exchange token FTT, fell by as much as 71% on the day from $17 to $3. It is now trading above $4.8.</p><p>The cryptocurrency Solana (SOL), which FTX Founder and CEO Sam Bankman-Fried heavily supported, has sold off 28% in the last 24 hours from $28.19 to $20.</p><p>In the last 24 hours, the total market capitalization for all crypto assets has fallen by more than 10% from $980 billion to $880 billion, according to Coinmarketcap and Yahoo Finance charts.</p><p>The deal marks one of the darker days for crypto during a rough year for markets. It came as the up-and-coming crypto trading venue FTX faced a &#34;significant liquidity crunch,&#34; according to Binance CEO Changpeng Zhao in a tweet Tuesday, temporarily forcing the rival exchange to pause customer withdrawals Tuesday morning.</p><p>“There&#39;s a lot more concern that contagion risks and other liquidity problems are lurking,&#34; Moya said.</p><p>While Binance can still back out of the FTX deal, if the merger of the two of crypto’s largest players goes through, it could worsen business competition for other industry firms at a time when trading volumes have tanked, according to analysts.</p><p>So far in 2022, total crypto trading volumes worldwide across exchanges have fallen by 21% to $86 trillion, according to crypto indexing platform Nomics. In that period, Binance accounted for 21.7% of total global crypto trading volume, while FTX holds a 3.96% share.</p><p>Shares of Coinbase Global (COIN), a competitor of the two firms, closed 11% lower Tuesday from $54.50 to $50.83, even after Coinbase CEO Brian Armstrongsaidover Twitter that the company &#34;doesn&#39;t have any material exposure to FTX or FTT (and no exposure to Alameda),&#34; and less competition would seem positive for the major exchange.</p><p>Still, Mizuho Securities senior analyst Dan Dolev wrote in a note that &#34;the rapid fall from grace of a crypto exchange demonstrates how fickle the crypto industry could be. This is a red flag for COIN, where the vast majority of revenues are from trading crypto tokens.&#34;</p><p>However, Dolev played down the day’s “knee-jerk” reaction, pointing out that unlike Coinbase, Robinhood only earns 12% of its revenue from crypto transactions.</p><p>As for other affected firms, Pranav Kanade, portfolio manager with VanEck Digital Assets, told Yahoo Finance the question remains whether FTX&#39;s liquidity crunch came as the result of bad debt.</p><p>&#34;You can argue a lot of the leverage was taken out of the system in May and June of this year, but a lot of that got resolved by FTX bailing out those companies to some extent,&#34; Kanade said. &#34;If there is bad debt, how much and who are those other entities?&#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>Bitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns</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\">\nBitcoin Prices Drop to Two-Year Low on FTX-Binance Deal Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 21:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-crypto-ftx-binance-contagion-224955324.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an emergency deal struck between two of crypto's largest exchanges, Binance and FTX.Bitcoin hit $17,415...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-crypto-ftx-binance-contagion-224955324.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/bitcoin-crypto-ftx-binance-contagion-224955324.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116383678","content_text":"Bitcoin prices dropped to a two-year low Wednesday morning as investors continue to grapple with an emergency deal struck between two of crypto's largest exchanges, Binance and FTX.Bitcoin hit $17,415 early Wednesday morning, the lowest point since November 2020, according to Coinmarketcap. It's down 10.8% in the last 24 hours, trading above $17,655.The decline comes as the unexpected deal — far from set in stone in a non-binding letter of intent — raised fears among investors and analysts that FTX's troubles could spread through the crypto universe.“FTX’s leader Sam Bankman-Fried was the white knight who has been saving companies throughout most of this crypto winter,\" Edward Moya, senior market analyst at Oanda, told Yahoo Finance on Tuesday. \"Seeing one of the major players wave the white flag is making a lot of people nervous that more pain could come.\"Other cryptocurrencies also plunged.The second largest cryptocurrency, ether (ETH-USD) sold off by 17% over the past day from $1,448 to $1,164. FTX's exchange token FTT, fell by as much as 71% on the day from $17 to $3. It is now trading above $4.8.The cryptocurrency Solana (SOL), which FTX Founder and CEO Sam Bankman-Fried heavily supported, has sold off 28% in the last 24 hours from $28.19 to $20.In the last 24 hours, the total market capitalization for all crypto assets has fallen by more than 10% from $980 billion to $880 billion, according to Coinmarketcap and Yahoo Finance charts.The deal marks one of the darker days for crypto during a rough year for markets. It came as the up-and-coming crypto trading venue FTX faced a \"significant liquidity crunch,\" according to Binance CEO Changpeng Zhao in a tweet Tuesday, temporarily forcing the rival exchange to pause customer withdrawals Tuesday morning.“There's a lot more concern that contagion risks and other liquidity problems are lurking,\" Moya said.While Binance can still back out of the FTX deal, if the merger of the two of crypto’s largest players goes through, it could worsen business competition for other industry firms at a time when trading volumes have tanked, according to analysts.So far in 2022, total crypto trading volumes worldwide across exchanges have fallen by 21% to $86 trillion, according to crypto indexing platform Nomics. In that period, Binance accounted for 21.7% of total global crypto trading volume, while FTX holds a 3.96% share.Shares of Coinbase Global (COIN), a competitor of the two firms, closed 11% lower Tuesday from $54.50 to $50.83, even after Coinbase CEO Brian Armstrongsaidover Twitter that the company \"doesn't have any material exposure to FTX or FTT (and no exposure to Alameda),\" and less competition would seem positive for the major exchange.Still, Mizuho Securities senior analyst Dan Dolev wrote in a note that \"the rapid fall from grace of a crypto exchange demonstrates how fickle the crypto industry could be. This is a red flag for COIN, where the vast majority of revenues are from trading crypto tokens.\"However, Dolev played down the day’s “knee-jerk” reaction, pointing out that unlike Coinbase, Robinhood only earns 12% of its revenue from crypto transactions.As for other affected firms, Pranav Kanade, portfolio manager with VanEck Digital Assets, told Yahoo Finance the question remains whether FTX's liquidity crunch came as the result of bad debt.\"You can argue a lot of the leverage was taken out of the system in May and June of this year, but a lot of that got resolved by FTX bailing out those companies to some extent,\" Kanade said. \"If there is bad debt, how much and who are those other entities?\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004380822,"gmtCreate":1642507745742,"gmtModify":1676533716618,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"oh no","listText":"oh no","text":"oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004380822","repostId":"1141684792","repostType":4,"repost":{"id":"1141684792","kind":"news","pubTimestamp":1642492834,"share":"https://ttm.financial/m/news/1141684792?lang=&edition=fundamental","pubTime":"2022-01-18 16:00","market":"hk","language":"en","title":"Genting Hong Kong Looks to Liquidation as Funding Dries Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1141684792","media":"Bloomberg","summary":"Provisional liquidation sparked after German unit insolvencyGenting Hong Kong cruises still running ","content":"<html><head></head><body><ul><li>Provisional liquidation sparked after German unit insolvency</li><li>Genting Hong Kong cruises still running in Singapore, Taiwan</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e2ab2765b40a5718b199e9c71557357\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>The Genting Cruise Lines Genting Dream cruise ship in Hong Kong in July 2021. Photographer: Lam Yik/Bloomberg</span></p><p>Troubled cruise operator Genting Hong Kong Ltd. warned it may seek court assistance to safeguard its assets, after failing to secure funding to help it stay afloat following the insolvency of its German shipbuilding subsidiary.</p><p>The cruise operator plans to file for provisional liquidation with courts in Bermuda, where its registered officeis, unless it receives “credible proposals for a solvent, consensual and inter-conditional restructuring solution,” it said in an exchange filing. The company’s shares, down 49% already this year, have also been suspended from trade.</p><p>Genting Hong Kong’s indirect wholly-owned shipbuilding subsidiary,MV Werften, filed for insolvency in a local court in Germany last week. That came after salvage talks fizzled amid a dispute between German authorities and Genting, as both parties blamed the other for MV Werften’s collapse. The Hong Kong cruise firm warned investors that cross defaults amounting to $2.78 billion may follow.</p><p>According to MV Werften’s website, the shipbuilder has around 2,900 staff and over the past 75 years has delivered more than 2,500 vessels for deployment in the tourism sector, the Arctic region and the logistics and offshore marine industries from its shipyards in Wismar, Rostock and Stralsund.</p><p>The financial deterioration of Genting Hong Kong isn’t all Germany’s fault, however. Covid-19 has wiped out travel demand and at the start of the pandemic in early 2020, cruise operations globally were among the first to be halted.</p><p>That led the industry to carry out a string of restructuring and insolvencies. Genting Hong Kong, which like many operators has offered “seacations” amid a cruise-to-nowhere trend,reported a record loss of $1.7 billion in May. The latest liquidation developments come just as Hong Kong reimposes some of its strictest virus curbs since the pandemic began.</p><p><b>Exhausted All Efforts</b></p><p>Genting Hong Kong said on Tuesday that a German court had rejected an application that would have provided MV Werften with access to a $88 million lifeline.</p><p>“The company considers that it has exhausted all reasonable efforts to negotiate with the relevant counterparties under its financing arrangements,” it said in the statement.</p><p>“The appointment of provisional liquidators is essential and in the interests of the company, its shareholders and its creditors in order to maximize the chance of success of the financial restructuring and to provide a moratorium on claims and to seek to avoid a disorderly liquidation of the company by any of its creditors,” it added.</p><p>Some of Genting Hong Kong’s biggest creditors have included banks such as BNP Paribas SA, Oversea-Chinese Banking Corp. and Credit Agricole SA and DNB Bank ASA, data compiled by Bloomberg show.</p><p>The company’s impending demise may not necessarily have big ramifications for other companies in the Genting group. Part of Lim Kok Thay’s sprawling gambling-to-hospitality Genting empire, Genting Hong Kong was established in the early 1990s when the Malaysian tycoon wanted to diversify risk away from the flagship hilltop casino resort in his home country.</p><p><b>Singapore, Taiwan</b></p><p>While Lim owns a 76% stake in Genting Hong Kong, the other Genting companies in Malaysia and Singapore --Genting Bhd.,Genting Singapore Ltd. and Genting Malaysia Bhd.-- have no cross shareholdings with Genting Hong Kong except for Lim being a common stakeholder in all four.</p><p>And cruises out of Hong Kong are only one part of Genting Hong Kong’s business. Responding to questions from Bloomberg News on Tuesday, the company said cruises were still taking place in Singapore, Taiwan and Penang in Malaysia, with most of those voyages having resumed at reduced capacity in 2020. The company wasn’t immediately able to disclose what proportion of its business cruises from Hong Kong typically account for.</p><p>Still, Genting’s financial woes come as the cruise industry as a whole faces fresh challenges brought on by surges in omicron infections. In recent days,Royal Carribean Cruises Ltd. has canceled multiple sailings, while its Celebrity Cruises line pushed out the resumption of some voyages to the end of April.Norwegian Cruise Line Holdings Ltd. canceled a Caribbean trip mid-voyage due to Covid.</p><p>Those challenges dim opportunities for any of the biggest operators to pick up Genting’s assets in the event of a fire sale.</p><p><b>Rebuilding Cash Flows</b></p><p>“It’s clear the Asian market is attractive to all these guys, but I struggle to see investors wanting to support a transaction,” said James Ainley, director of hotels and leisure at Citi Research. “Pursuing M&amp;A isn’t high on the agenda right now when the priority for operators has to be on getting the ships back on the water and rebuilding operating cash flows.”</p><p>The biggest cruise operators, including Carnival and Royal Caribbean, have been able to raise enough liquidity to get through the worst of the pandemic, even if some may need additional financing. However a handful of smaller operators have filed for bankruptcy. Spanish cruise line Pullmantur, partly owned by Royal Caribbean, filed for bankruptcy in 2020, while Jalesh Cruises Mauritius Ltd. became the first operator in Asia to shut down the same year.</p><p>Separately on Tuesday, Genting Hong Kong said that Alan Smith, Ambrose Lam Wai Hon and Justin Tan have resigned as independent non-executive directors and as such have ceased to be members of the company’s audit, remuneration and nomination committees.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Genting Hong Kong Looks to Liquidation as Funding Dries Up</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\">\nGenting Hong Kong Looks to Liquidation as Funding Dries Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-18 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-01-18/genting-hong-kong-may-file-for-liquidation-as-funding-dries-up><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Provisional liquidation sparked after German unit insolvencyGenting Hong Kong cruises still running in Singapore, TaiwanThe Genting Cruise Lines Genting Dream cruise ship in Hong Kong in July 2021. ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-01-18/genting-hong-kong-may-file-for-liquidation-as-funding-dries-up\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GTHKF":"Genting Hong Kong Ltd."},"source_url":"https://www.bloomberg.com/news/articles/2022-01-18/genting-hong-kong-may-file-for-liquidation-as-funding-dries-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141684792","content_text":"Provisional liquidation sparked after German unit insolvencyGenting Hong Kong cruises still running in Singapore, TaiwanThe Genting Cruise Lines Genting Dream cruise ship in Hong Kong in July 2021. Photographer: Lam Yik/BloombergTroubled cruise operator Genting Hong Kong Ltd. warned it may seek court assistance to safeguard its assets, after failing to secure funding to help it stay afloat following the insolvency of its German shipbuilding subsidiary.The cruise operator plans to file for provisional liquidation with courts in Bermuda, where its registered officeis, unless it receives “credible proposals for a solvent, consensual and inter-conditional restructuring solution,” it said in an exchange filing. The company’s shares, down 49% already this year, have also been suspended from trade.Genting Hong Kong’s indirect wholly-owned shipbuilding subsidiary,MV Werften, filed for insolvency in a local court in Germany last week. That came after salvage talks fizzled amid a dispute between German authorities and Genting, as both parties blamed the other for MV Werften’s collapse. The Hong Kong cruise firm warned investors that cross defaults amounting to $2.78 billion may follow.According to MV Werften’s website, the shipbuilder has around 2,900 staff and over the past 75 years has delivered more than 2,500 vessels for deployment in the tourism sector, the Arctic region and the logistics and offshore marine industries from its shipyards in Wismar, Rostock and Stralsund.The financial deterioration of Genting Hong Kong isn’t all Germany’s fault, however. Covid-19 has wiped out travel demand and at the start of the pandemic in early 2020, cruise operations globally were among the first to be halted.That led the industry to carry out a string of restructuring and insolvencies. Genting Hong Kong, which like many operators has offered “seacations” amid a cruise-to-nowhere trend,reported a record loss of $1.7 billion in May. The latest liquidation developments come just as Hong Kong reimposes some of its strictest virus curbs since the pandemic began.Exhausted All EffortsGenting Hong Kong said on Tuesday that a German court had rejected an application that would have provided MV Werften with access to a $88 million lifeline.“The company considers that it has exhausted all reasonable efforts to negotiate with the relevant counterparties under its financing arrangements,” it said in the statement.“The appointment of provisional liquidators is essential and in the interests of the company, its shareholders and its creditors in order to maximize the chance of success of the financial restructuring and to provide a moratorium on claims and to seek to avoid a disorderly liquidation of the company by any of its creditors,” it added.Some of Genting Hong Kong’s biggest creditors have included banks such as BNP Paribas SA, Oversea-Chinese Banking Corp. and Credit Agricole SA and DNB Bank ASA, data compiled by Bloomberg show.The company’s impending demise may not necessarily have big ramifications for other companies in the Genting group. Part of Lim Kok Thay’s sprawling gambling-to-hospitality Genting empire, Genting Hong Kong was established in the early 1990s when the Malaysian tycoon wanted to diversify risk away from the flagship hilltop casino resort in his home country.Singapore, TaiwanWhile Lim owns a 76% stake in Genting Hong Kong, the other Genting companies in Malaysia and Singapore --Genting Bhd.,Genting Singapore Ltd. and Genting Malaysia Bhd.-- have no cross shareholdings with Genting Hong Kong except for Lim being a common stakeholder in all four.And cruises out of Hong Kong are only one part of Genting Hong Kong’s business. Responding to questions from Bloomberg News on Tuesday, the company said cruises were still taking place in Singapore, Taiwan and Penang in Malaysia, with most of those voyages having resumed at reduced capacity in 2020. The company wasn’t immediately able to disclose what proportion of its business cruises from Hong Kong typically account for.Still, Genting’s financial woes come as the cruise industry as a whole faces fresh challenges brought on by surges in omicron infections. In recent days,Royal Carribean Cruises Ltd. has canceled multiple sailings, while its Celebrity Cruises line pushed out the resumption of some voyages to the end of April.Norwegian Cruise Line Holdings Ltd. canceled a Caribbean trip mid-voyage due to Covid.Those challenges dim opportunities for any of the biggest operators to pick up Genting’s assets in the event of a fire sale.Rebuilding Cash Flows“It’s clear the Asian market is attractive to all these guys, but I struggle to see investors wanting to support a transaction,” said James Ainley, director of hotels and leisure at Citi Research. “Pursuing M&A isn’t high on the agenda right now when the priority for operators has to be on getting the ships back on the water and rebuilding operating cash flows.”The biggest cruise operators, including Carnival and Royal Caribbean, have been able to raise enough liquidity to get through the worst of the pandemic, even if some may need additional financing. However a handful of smaller operators have filed for bankruptcy. Spanish cruise line Pullmantur, partly owned by Royal Caribbean, filed for bankruptcy in 2020, while Jalesh Cruises Mauritius Ltd. became the first operator in Asia to shut down the same year.Separately on Tuesday, Genting Hong Kong said that Alan Smith, Ambrose Lam Wai Hon and Justin Tan have resigned as independent non-executive directors and as such have ceased to be members of the company’s audit, remuneration and nomination committees.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995926594,"gmtCreate":1661396285520,"gmtModify":1676536511603,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"China mkt is too large to be ignored.&nbsp; Nevertheless,&nbsp; there is still a truncation risk due to regulation,&nbsp; geopolitical tension and VIE structure.&nbsp;","listText":"China mkt is too large to be ignored.&nbsp; Nevertheless,&nbsp; there is still a truncation risk due to regulation,&nbsp; geopolitical tension and VIE structure.&nbsp;","text":"China mkt is too large to be ignored. Nevertheless, there is still a truncation risk due to regulation, geopolitical tension and VIE structure.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995926594","repostId":"2261659155","repostType":2,"repost":{"id":"2261659155","kind":"news","pubTimestamp":1661352338,"share":"https://ttm.financial/m/news/2261659155?lang=&edition=fundamental","pubTime":"2022-08-24 22:45","market":"hk","language":"en","title":"Alibaba: Buy For The Next Decade","url":"https://stock-news.laohu8.com/highlight/detail?id=2261659155","media":"Seeking Alpha","summary":"SummaryAlibaba is considerably undervalued, even with the risks involved.The value is there, and it'","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba is considerably undervalued, even with the risks involved.</li><li>The value is there, and it&#39;s remarkable. Alibaba achieved a GMV of $1.2 trillion in fiscal 2021, doubling Amazon.</li><li>Yet, Alibaba gets no respect, commanding a market cap of 1/6 of the American retail giants&#39;.</li><li>The delisting concerns appear exaggerated, and Alibaba&#39;s earnings forecasts could be at rock a bottom here.</li><li>As uncertainties fade, Alibaba should return to growth and improved profitability, driving its share price significantly higher in the coming years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/349a5bf19a4fd08047fdb45cb2ec1bb8\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Robert Way</span></p><p>Finding dominant market-leading companies that offer substantial value and significant growth potential at reasonable valuations has not been easy lately. However, when considering a company to own for the next five to ten years, one name stands out above the rest, Alibaba (NYSE:BABA). I know Alibaba is a Chinese company. Currently, Chinese stocks are out of favor and are perceived as higher-risk investments. However, I cannot ignore how cheap Alibaba has become. While there is increased risk, there is also substantial reward potential. Investing would be easy if we knew where Alibaba&#39;s stock would be in five to ten years. However, Investing is complex, and the truth is that Alibaba could be at $500, or its stock may not be listed on U.S. stock exchanges several years from now. Nevertheless, delisting fears appear exaggerated, and Alibaba has become remarkably cheap considering its potential. Therefore, the company&#39;s stock could go much higher as it returns to growth, illustrating that it offers significant value to investors and uncertainties fade.</p><p><b>The Value Is There, And It&#39;s Remarkable</b></p><p>Alibaba&#39;s ecosystem brought in a staggering $1.2 trillion gross merchandise value (&#34;GMV&#34;) in fiscal 2021. Additionally, the company reported more than a billion annual active consumers (&#34;AACs&#34;) in fiscal 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/095b01d0839eb4c02594d7ed45fb67d7\" tg-width=\"640\" tg-height=\"364\" referrerpolicy=\"no-referrer\"/><span>Alibaba GMV (alibabagroup.com )</span></p><p>In comparison, Amazon (AMZN) reported a GMV of $600 billion in 2021. This metric illustrates that the value of goods sold in 2021 (fiscal 2021 for Alibaba) was roughly double on Alibaba&#39;s platforms vs. Amazon&#39;s.</p><p><b>Alibaba GMV - Billions of Yuan (fiscal)</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39d08924723ff429f7e170dd467dbd8e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>BABA GMV (Statista.com)</span></p><p>We see the significant GMV growth continuing through fiscal 2022, implying that the company can continue expanding GMV and revenues as it advances. Moreover, as Alibaba&#39;s operations and revenues grow, it should become increasingly more profitable in the coming years.</p><p><b>Valuation - Alibaba Vs. Amazon</b></p><p>We discussed that Alibaba&#39;s GMV essentially doubled Amazon&#39;s in 2021. Despite this sales dynamic, Alibaba is valued at about $237 billion, while Amazon&#39;s market cap is around $1.4 trillion. Therefore, we see a massive disconnect in valuations here, as Alibaba&#39;s GMV was double Amazon&#39;s, but Amazon&#39;s market cap is nearly six times higher than Alibaba&#39;s. Going by this GMV to market cap valuation, we see that Amazon is valued at around 12 x Alibaba now. Looking at other valuation metrics, we see that Alibaba is dramatically undervalued.</p><p><b>EPS Estimates</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c37d53f755829928c520644537c749b\" tg-width=\"640\" tg-height=\"271\" referrerpolicy=\"no-referrer\"/><span>EPS Estimates (SeekingAlpha.com )</span></p><p>We see that Alibaba is in a transitory phase of EPS decline. This year&#39;s EPS should come in at about $7.30, roughly a 7% YoY decline. We must consider that temporary earnings declines are typically the best periods to pick up company shares on the cheap, at a deep discount. Alibaba&#39;s share price is down by 72% from its all-time highs. As of writing this article, Alibaba is at about $90, putting its P/E ratio at just 12.3 times this year&#39;s consensus EPS estimates. However, we should see growth, and the company&#39;s substantial EPS potential makes this stock very cheap.</p><p>Also, we must consider that during an earnings decline phase, EPS estimates typically get brought down considerably, often by too much, overshooting on the downside. Therefore, there is a high probability that Alibaba can surpass current depressed EPS estimates and could report towards the higher end of the estimated fingers in future years. While consensus estimates are for about $10 for fiscal 2025, I believe Alibaba could report EPS closer to $12. Considering Alibaba&#39;s current stock price, the company may be trading at just 7.5 times forward (fiscal 2025) earnings now.</p><p><b>Growth Will Return</b></p><p><b>Revenue Estimates</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e525aa6ca15da9ee35e9ee3cba5f162\" tg-width=\"640\" tg-height=\"345\" referrerpolicy=\"no-referrer\"/><span>Revenue estimates (SeekingAlpha.com )</span></p><p>Despite the slowdown to around 5-6% YoY revenue growth this year, sales growth should rebound to double-digits as the company advances. Consensus revenue estimates point to approximately $200 billion in fiscal 2027, but this figure may be lowballing Alibaba&#39;s potential. I suspect Alibaba&#39;s sales could hit about $230 billion in 2027, and the company may register approximately $300 billion in revenues by 2030.</p><p><b>The Downside Is Limited</b></p><p>The downside is probably quite limited now because of the negativity that&#39;s been priced into Alibaba over the last two years. We&#39;ve seen massive fines, government crackdowns, Ant IPO controversy, tensions between Jack Ma and Beijing, hedge fund blowups, a slowdown in China&#39;s economy, geopolitical pressures, and more. Alibaba&#39;s market cap has dwindled from nearly $1 trillion to only $237 billion. The company&#39;s P/E valuation has crashed from around 30 to just 12. Therefore, unless something unexpected and considerable transpires (black Swan event), the downside is probably limited now. And still, one uncertainty lurks in the minds of many market participants. Will Alibaba&#39;s stock get delisted?</p><p><b>The Probability Of Delisting Appears Low</b></p><p>Investing is a risk, in any case. We don&#39;t know if a company will report strong earnings, continue growing, or possibly go bankrupt much of the time. However, a recent phenomenon to grip markets is the fear of investing in Chinese stocks. Many Chinese companies were Wall St. darlings in the early and mid-2000s. Alibaba even posted the largest IPO in history for its time, raising a whopping $25 billion. However, much has changed in several years. Investors are no longer clamoring to get into Alibaba. They are running for the doors. So, what has changed?</p><p><b>Chinese Stocks: Out Of Favor - For Now</b></p><p>We&#39;ve seen a worsening in relations between the U.S. and China, economically, geopolitically, and generally. There have been questions regarding the accounting standards used in China. That is why the SEC recently put Alibaba on its HFCAA list. Being put on the SEC&#39;s HFCAA means that if the Chinese government does not permit American regulators to inspect the company&#39;s books within three years, its stock could be delisted from U.S. exchanges. It&#39;s fair to mention that essentially all Chinese companies are on the SEC&#39;s HFCAA list now. So, will all Chinese companies, including Alibaba, be delisted from U.S. stock exchanges? I believe not.</p><p>The debate over Chinese auditing firms has gone on for a long time. However, if more than <b>$1 trillion</b> worth of Chinese stocks get delisted from U.S. exchanges, Beijing has a lot to lose. </p><p>Additionally, it is not in the U.S.&#39;s interests to boot Chinese companies from its markets, as it would further erode relations. The U.S. and China are tremendous trading partners, with the U.S. importing far more than it exports to China. The U.S. exports roughly $11 billion of goods each month to China while importing $40-50 billion. Last year, the U.S.&#39;s trade deficit with China was more than $350 billion. At the current pace, this year&#39;s trade deficit with China should be about $400 billion. China is one of the U.S.&#39;s biggest trading partners and the U.S. imports more goods from China than from anyone (more than $500 billion in 2021). The U.S. benefits significantly from its trading relationship with China and is likelier to repair relations than ruin them over accounting concerns.</p><p><b>Bottom Line: Where Alibaba Could Be In Several Years</b></p><p>Let&#39;s put aside the delisting fears. Also, we should consider that much of the bad news is behind Alibaba and that brighter days are ahead. Moreover, current earnings and EPS estimates are probably around the bottom. Furthermore, Alibaba should return to growth and could achieve more robust revenue and EPS growth than most estimates are suggesting now. Therefore, we could see Alibaba&#39;s stock move a lot higher.</p><p><b>Here&#39;s where I see shares heading in the long run:</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/93f94b0df9cc6e7a739bd7aeef4772c4\" tg-width=\"918\" tg-height=\"416\" referrerpolicy=\"no-referrer\"/><span>Source: The Financial Prophet</span></p><p>Provided the depressed atmosphere surrounding Alibaba, current estimates may be on the low end of the spectrum. Therefore, Alibaba may achieve analysts&#39; higher-end revenue and EPS projections. Also, I am incorporating a gradual increase in Alibaba&#39;s P/E multiple. The company commanded a P/E ratio of 20-30 or higher in previous years. It may return to 20 (or higher) in the coming years as the uncertainty fades and the company returns to growth and increases profitability. Provided Alibaba achieves these estimates, its stock price could reach <b>$500</b> by 2030 or sooner.</p><p><b>Risks For Alibaba</b></p><p>While I&#39;m bullish on Alibaba, various factors could occur that may derail my bullish thesis for the company. For instance, the China could resume its tough stance and clamp down further on Alibaba and other Chinese tech giants. Moreover, despite the optimistic tone from Chinese authorities, U.S. regulators could still decide to delist Alibaba. Increased competition could impact Alibaba&#39;s growth and profits. The company&#39;s growth could be worse than my current anticipation. Also, Alibaba&#39;s profitability could continue to struggle for various reasons. This investment has numerous risks, and shares are very cheap right now. I believe Alibaba remains an elevated risk/high reward investment, and investors should carefully examine the risks before opening a position in Alibaba stock.</p><p><i>This article was written by Victor Dergunov</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Buy For The Next Decade</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Buy For The Next Decade\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 22:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536393-alibaba-buy-for-next-decade><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba is considerably undervalued, even with the risks involved.The value is there, and it's remarkable. Alibaba achieved a GMV of $1.2 trillion in fiscal 2021, doubling Amazon.Yet, Alibaba ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536393-alibaba-buy-for-next-decade\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4536393-alibaba-buy-for-next-decade","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2261659155","content_text":"SummaryAlibaba is considerably undervalued, even with the risks involved.The value is there, and it's remarkable. Alibaba achieved a GMV of $1.2 trillion in fiscal 2021, doubling Amazon.Yet, Alibaba gets no respect, commanding a market cap of 1/6 of the American retail giants'.The delisting concerns appear exaggerated, and Alibaba's earnings forecasts could be at rock a bottom here.As uncertainties fade, Alibaba should return to growth and improved profitability, driving its share price significantly higher in the coming years.Robert WayFinding dominant market-leading companies that offer substantial value and significant growth potential at reasonable valuations has not been easy lately. However, when considering a company to own for the next five to ten years, one name stands out above the rest, Alibaba (NYSE:BABA). I know Alibaba is a Chinese company. Currently, Chinese stocks are out of favor and are perceived as higher-risk investments. However, I cannot ignore how cheap Alibaba has become. While there is increased risk, there is also substantial reward potential. Investing would be easy if we knew where Alibaba's stock would be in five to ten years. However, Investing is complex, and the truth is that Alibaba could be at $500, or its stock may not be listed on U.S. stock exchanges several years from now. Nevertheless, delisting fears appear exaggerated, and Alibaba has become remarkably cheap considering its potential. Therefore, the company's stock could go much higher as it returns to growth, illustrating that it offers significant value to investors and uncertainties fade.The Value Is There, And It's RemarkableAlibaba's ecosystem brought in a staggering $1.2 trillion gross merchandise value (\"GMV\") in fiscal 2021. Additionally, the company reported more than a billion annual active consumers (\"AACs\") in fiscal 2021.Alibaba GMV (alibabagroup.com )In comparison, Amazon (AMZN) reported a GMV of $600 billion in 2021. This metric illustrates that the value of goods sold in 2021 (fiscal 2021 for Alibaba) was roughly double on Alibaba's platforms vs. Amazon's.Alibaba GMV - Billions of Yuan (fiscal)BABA GMV (Statista.com)We see the significant GMV growth continuing through fiscal 2022, implying that the company can continue expanding GMV and revenues as it advances. Moreover, as Alibaba's operations and revenues grow, it should become increasingly more profitable in the coming years.Valuation - Alibaba Vs. AmazonWe discussed that Alibaba's GMV essentially doubled Amazon's in 2021. Despite this sales dynamic, Alibaba is valued at about $237 billion, while Amazon's market cap is around $1.4 trillion. Therefore, we see a massive disconnect in valuations here, as Alibaba's GMV was double Amazon's, but Amazon's market cap is nearly six times higher than Alibaba's. Going by this GMV to market cap valuation, we see that Amazon is valued at around 12 x Alibaba now. Looking at other valuation metrics, we see that Alibaba is dramatically undervalued.EPS EstimatesEPS Estimates (SeekingAlpha.com )We see that Alibaba is in a transitory phase of EPS decline. This year's EPS should come in at about $7.30, roughly a 7% YoY decline. We must consider that temporary earnings declines are typically the best periods to pick up company shares on the cheap, at a deep discount. Alibaba's share price is down by 72% from its all-time highs. As of writing this article, Alibaba is at about $90, putting its P/E ratio at just 12.3 times this year's consensus EPS estimates. However, we should see growth, and the company's substantial EPS potential makes this stock very cheap.Also, we must consider that during an earnings decline phase, EPS estimates typically get brought down considerably, often by too much, overshooting on the downside. Therefore, there is a high probability that Alibaba can surpass current depressed EPS estimates and could report towards the higher end of the estimated fingers in future years. While consensus estimates are for about $10 for fiscal 2025, I believe Alibaba could report EPS closer to $12. Considering Alibaba's current stock price, the company may be trading at just 7.5 times forward (fiscal 2025) earnings now.Growth Will ReturnRevenue EstimatesRevenue estimates (SeekingAlpha.com )Despite the slowdown to around 5-6% YoY revenue growth this year, sales growth should rebound to double-digits as the company advances. Consensus revenue estimates point to approximately $200 billion in fiscal 2027, but this figure may be lowballing Alibaba's potential. I suspect Alibaba's sales could hit about $230 billion in 2027, and the company may register approximately $300 billion in revenues by 2030.The Downside Is LimitedThe downside is probably quite limited now because of the negativity that's been priced into Alibaba over the last two years. We've seen massive fines, government crackdowns, Ant IPO controversy, tensions between Jack Ma and Beijing, hedge fund blowups, a slowdown in China's economy, geopolitical pressures, and more. Alibaba's market cap has dwindled from nearly $1 trillion to only $237 billion. The company's P/E valuation has crashed from around 30 to just 12. Therefore, unless something unexpected and considerable transpires (black Swan event), the downside is probably limited now. And still, one uncertainty lurks in the minds of many market participants. Will Alibaba's stock get delisted?The Probability Of Delisting Appears LowInvesting is a risk, in any case. We don't know if a company will report strong earnings, continue growing, or possibly go bankrupt much of the time. However, a recent phenomenon to grip markets is the fear of investing in Chinese stocks. Many Chinese companies were Wall St. darlings in the early and mid-2000s. Alibaba even posted the largest IPO in history for its time, raising a whopping $25 billion. However, much has changed in several years. Investors are no longer clamoring to get into Alibaba. They are running for the doors. So, what has changed?Chinese Stocks: Out Of Favor - For NowWe've seen a worsening in relations between the U.S. and China, economically, geopolitically, and generally. There have been questions regarding the accounting standards used in China. That is why the SEC recently put Alibaba on its HFCAA list. Being put on the SEC's HFCAA means that if the Chinese government does not permit American regulators to inspect the company's books within three years, its stock could be delisted from U.S. exchanges. It's fair to mention that essentially all Chinese companies are on the SEC's HFCAA list now. So, will all Chinese companies, including Alibaba, be delisted from U.S. stock exchanges? I believe not.The debate over Chinese auditing firms has gone on for a long time. However, if more than $1 trillion worth of Chinese stocks get delisted from U.S. exchanges, Beijing has a lot to lose. Additionally, it is not in the U.S.'s interests to boot Chinese companies from its markets, as it would further erode relations. The U.S. and China are tremendous trading partners, with the U.S. importing far more than it exports to China. The U.S. exports roughly $11 billion of goods each month to China while importing $40-50 billion. Last year, the U.S.'s trade deficit with China was more than $350 billion. At the current pace, this year's trade deficit with China should be about $400 billion. China is one of the U.S.'s biggest trading partners and the U.S. imports more goods from China than from anyone (more than $500 billion in 2021). The U.S. benefits significantly from its trading relationship with China and is likelier to repair relations than ruin them over accounting concerns.Bottom Line: Where Alibaba Could Be In Several YearsLet's put aside the delisting fears. Also, we should consider that much of the bad news is behind Alibaba and that brighter days are ahead. Moreover, current earnings and EPS estimates are probably around the bottom. Furthermore, Alibaba should return to growth and could achieve more robust revenue and EPS growth than most estimates are suggesting now. Therefore, we could see Alibaba's stock move a lot higher.Here's where I see shares heading in the long run:Source: The Financial ProphetProvided the depressed atmosphere surrounding Alibaba, current estimates may be on the low end of the spectrum. Therefore, Alibaba may achieve analysts' higher-end revenue and EPS projections. Also, I am incorporating a gradual increase in Alibaba's P/E multiple. The company commanded a P/E ratio of 20-30 or higher in previous years. It may return to 20 (or higher) in the coming years as the uncertainty fades and the company returns to growth and increases profitability. Provided Alibaba achieves these estimates, its stock price could reach $500 by 2030 or sooner.Risks For AlibabaWhile I'm bullish on Alibaba, various factors could occur that may derail my bullish thesis for the company. For instance, the China could resume its tough stance and clamp down further on Alibaba and other Chinese tech giants. Moreover, despite the optimistic tone from Chinese authorities, U.S. regulators could still decide to delist Alibaba. Increased competition could impact Alibaba's growth and profits. The company's growth could be worse than my current anticipation. Also, Alibaba's profitability could continue to struggle for various reasons. This investment has numerous risks, and shares are very cheap right now. I believe Alibaba remains an elevated risk/high reward investment, and investors should carefully examine the risks before opening a position in Alibaba stock.This article was written by Victor Dergunov","news_type":1},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901873659,"gmtCreate":1659171690871,"gmtModify":1676536268642,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Great Insight","listText":"Great Insight","text":"Great Insight","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901873659","repostId":"2255055705","repostType":2,"repost":{"id":"2255055705","kind":"highlight","pubTimestamp":1659146457,"share":"https://ttm.financial/m/news/2255055705?lang=&edition=fundamental","pubTime":"2022-07-30 10:00","market":"us","language":"en","title":"3 No-Brainer Stocks I'd Buy Right Now Without Hesitation","url":"https://stock-news.laohu8.com/highlight/detail?id=2255055705","media":"Motley Fool","summary":"Buying shares of growing companies during a market downturn should lead to great rewards down the road.","content":"<html><head></head><body><p></p><p>The stock market just completed its worst first half in 50 years -- but as bad as that seems, it&#39;s good news if you have at least 10 years until retirement. Many high-quality companies have stocks being traded at steep discounts compared to what they&#39;re worth.</p><p>If it were my money, I would be looking at companies that are still posting solid growth in revenue. That&#39;s a surefire signal that those companies are continuing to build intrinsic value for investors, even if it&#39;s not immediately reflected by the market.</p><p>Here&#39;s why I think <b>Activision Blizzard</b>, <b>Adobe</b>, and <b>Salesforce</b> are terrific investments.</p><h2>1. Activision Blizzard</h2><p>Activision is one of the largest video game makers in the world, with $8.3 billion in revenue. The company&#39;s games include <i>World of Warcraft</i>, <i>Call of Duty</i>, <i>Overwatch</i>, and the mobile game <i>Candy Crush</i>, among many others. Across all titles, Activision had 372 million monthly active users in the first quarter.</p><p>Activision is arguably one of the best stocks to own across the entire market. The reason is that the shares currently trade at $79.79 -- a steep discount to the $95 per share price <b>Microsoft</b> is paying to buy the whole company in an all-cash deal worth $68 billion.</p><p>Initially, investors were skeptical that the Federal Trade Commission (FTC), which has shown greater efforts to keep a tight leash on big tech, would approve the deal. That explains the discount between Activision&#39;s trading price and the buyout offer, but it&#39;s increasingly likely the FTC will give the green light.</p><p>Recently, an analyst with MoffettNathanson upgraded Activision stock to a buy. Even Warren Buffett&#39;s <b>Berkshire Hathaway</b> has built a $5 billion position in the game maker, a strong vote of confidence that Microsoft&#39;s $68 billion offer won&#39;t be denied.</p><p>The acquisition is expected to be completed during Microsoft&#39;s fiscal 2023, which ends in June. When it closes, Activision shareholders will receive $95 per share, representing a return of 18% over the current share price.</p><p>If anything, Activision stock is a good choice to hedge against a further decline in the markets.</p><h2>2. Adobe</h2><p>Adobe is famous for bringing the PDF file format into the mainstream and is one of the largest software companies in the world. It provides productivity and creative software for students, graphics designers, video editors, and others.</p><p>Adobe has delivered very consistent growth for years. It has doubled revenue over the last five years to $16 billion. Despite the weakening economy in the first quarter, Adobe delivered solid revenue growth of 14% year over year. Management reported strong performance in core products, with growing momentum in new product categories.</p><p>Investors should invest in Adobe because of the long-term societal trends working in its favor. The growth of social media, especially the growing popularity of video platforms like <b>Alphabet</b>&#39;s YouTube, is giving rise to the creator economy. There are an estimated 50 million people in the world that consider themselves content creators, with more than 2 million making content professionally.</p><p>The growth of digital media is a massive opportunity for Adobe and is the key reason why the company continues to post more growth.</p><p>A consistent, high-growth business ultimately deserves a premium valuation, so Adobe stock is not cheap. It trades at a price-to-earnings ratio of 36, but with shares down 30% year-to-date, this is a quality stock worth buying on the dip.</p><h2>3. Salesforce</h2><p>Salesforce is another top software-as-a-service stock worth making a core holding in any investor&#39;s portfolio. In the first quarter, Salesforce posted revenue growth of 24% year over year, which is consistent with its operating history. Over the last year, the company generated $5.7 billion in free cash flow on $28 billion in revenue.</p><p>Salesforce is the No.1 customer relationship management (CRM) provider. Companies use the company&#39;s software to manage sales, marketing, e-commerce, and communication across their workforce. Companies love it because it&#39;s cloud-based and sold as a subscription, so there are no installation requirements or difficulty in getting up and running.</p><p>The stock has delivered multi-bagger returns to shareholders over the last 20 years. It has led the CRM market for nine consecutive years and is still gaining market share, according to the International Data Corp.</p><p>The stock has always looked expensive, but the market dip is handing investors a great opportunity to add this top performer to their nest eggs. The stock has historically traded close to 10 times trailing sales but now trades at a price-to-sales ratio of just 6.2.</p><p>The first-quarter update shows the business still growing and building a lead on the competition. Don&#39;t let the market downturn discourage you from starting a position in this quality growth stock.</p><p></p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 No-Brainer Stocks I'd Buy Right Now Without Hesitation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 No-Brainer Stocks I'd Buy Right Now Without Hesitation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-30 10:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/29/no-brainer-stocks-buy-right-now-without-hesitation/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market just completed its worst first half in 50 years -- but as bad as that seems, it's good news if you have at least 10 years until retirement. Many high-quality companies have stocks ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/29/no-brainer-stocks-buy-right-now-without-hesitation/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe","ATVI":"动视暴雪","CRM":"赛富时"},"source_url":"https://www.fool.com/investing/2022/07/29/no-brainer-stocks-buy-right-now-without-hesitation/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255055705","content_text":"The stock market just completed its worst first half in 50 years -- but as bad as that seems, it's good news if you have at least 10 years until retirement. Many high-quality companies have stocks being traded at steep discounts compared to what they're worth.If it were my money, I would be looking at companies that are still posting solid growth in revenue. That's a surefire signal that those companies are continuing to build intrinsic value for investors, even if it's not immediately reflected by the market.Here's why I think Activision Blizzard, Adobe, and Salesforce are terrific investments.1. Activision BlizzardActivision is one of the largest video game makers in the world, with $8.3 billion in revenue. The company's games include World of Warcraft, Call of Duty, Overwatch, and the mobile game Candy Crush, among many others. Across all titles, Activision had 372 million monthly active users in the first quarter.Activision is arguably one of the best stocks to own across the entire market. The reason is that the shares currently trade at $79.79 -- a steep discount to the $95 per share price Microsoft is paying to buy the whole company in an all-cash deal worth $68 billion.Initially, investors were skeptical that the Federal Trade Commission (FTC), which has shown greater efforts to keep a tight leash on big tech, would approve the deal. That explains the discount between Activision's trading price and the buyout offer, but it's increasingly likely the FTC will give the green light.Recently, an analyst with MoffettNathanson upgraded Activision stock to a buy. Even Warren Buffett's Berkshire Hathaway has built a $5 billion position in the game maker, a strong vote of confidence that Microsoft's $68 billion offer won't be denied.The acquisition is expected to be completed during Microsoft's fiscal 2023, which ends in June. When it closes, Activision shareholders will receive $95 per share, representing a return of 18% over the current share price.If anything, Activision stock is a good choice to hedge against a further decline in the markets.2. AdobeAdobe is famous for bringing the PDF file format into the mainstream and is one of the largest software companies in the world. It provides productivity and creative software for students, graphics designers, video editors, and others.Adobe has delivered very consistent growth for years. It has doubled revenue over the last five years to $16 billion. Despite the weakening economy in the first quarter, Adobe delivered solid revenue growth of 14% year over year. Management reported strong performance in core products, with growing momentum in new product categories.Investors should invest in Adobe because of the long-term societal trends working in its favor. The growth of social media, especially the growing popularity of video platforms like Alphabet's YouTube, is giving rise to the creator economy. There are an estimated 50 million people in the world that consider themselves content creators, with more than 2 million making content professionally.The growth of digital media is a massive opportunity for Adobe and is the key reason why the company continues to post more growth.A consistent, high-growth business ultimately deserves a premium valuation, so Adobe stock is not cheap. It trades at a price-to-earnings ratio of 36, but with shares down 30% year-to-date, this is a quality stock worth buying on the dip.3. SalesforceSalesforce is another top software-as-a-service stock worth making a core holding in any investor's portfolio. In the first quarter, Salesforce posted revenue growth of 24% year over year, which is consistent with its operating history. Over the last year, the company generated $5.7 billion in free cash flow on $28 billion in revenue.Salesforce is the No.1 customer relationship management (CRM) provider. Companies use the company's software to manage sales, marketing, e-commerce, and communication across their workforce. Companies love it because it's cloud-based and sold as a subscription, so there are no installation requirements or difficulty in getting up and running.The stock has delivered multi-bagger returns to shareholders over the last 20 years. It has led the CRM market for nine consecutive years and is still gaining market share, according to the International Data Corp.The stock has always looked expensive, but the market dip is handing investors a great opportunity to add this top performer to their nest eggs. The stock has historically traded close to 10 times trailing sales but now trades at a price-to-sales ratio of just 6.2.The first-quarter update shows the business still growing and building a lead on the competition. Don't let the market downturn discourage you from starting a position in this quality growth stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9004380340,"gmtCreate":1642507681200,"gmtModify":1676533716622,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9004380340","repostId":"1196667525","repostType":2,"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":366017140355144,"gmtCreate":1730360222883,"gmtModify":1730360486995,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/ALB.HK 20241128 110.00 CALL\">$ALB.HK 20241128 110.00 CALL$ </a>&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/ALB.HK 20241128 110.00 CALL\">$ALB.HK 20241128 110.00 CALL$ </a>&nbsp;","text":"$ALB.HK 20241128 110.00 CALL$","images":[{"img":"https://community-static.tradeup.com/news/66b55fa6957e57bc4e3aa1c2c6c8e27c","width":"840","height":"1419"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/366017140355144","isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9962782876,"gmtCreate":1669849954396,"gmtModify":1676538254661,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"that's great&nbsp;","listText":"that's great&nbsp;","text":"that's great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9962782876","repostId":"2288616841","repostType":2,"repost":{"id":"2288616841","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1669846193,"share":"https://ttm.financial/m/news/2288616841?lang=&edition=fundamental","pubTime":"2022-12-01 06:09","market":"us","language":"en","title":"Splunk Q3 EPS $0.83 Beats $0.25 Estimate, Sales $930.00M Beat $846.93M Estimate","url":"https://stock-news.laohu8.com/highlight/detail?id=2288616841","media":"Benzinga","summary":"Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same","content":"<html><body><p>Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same period last year.  The company reported quarterly sales of $930.00 million which beat the analyst consensus estimate of $846.93 million by 9.81 percent.  This is a 39.90 percent increase over sales of $664.75 million the same period last year.</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>Splunk Q3 EPS $0.83 Beats $0.25 Estimate, Sales $930.00M Beat $846.93M Estimate</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\">\nSplunk Q3 EPS $0.83 Beats $0.25 Estimate, Sales $930.00M Beat $846.93M Estimate\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-12-01 06:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same period last year.  The company reported quarterly sales of $930.00 million which beat the analyst consensus estimate of $846.93 million by 9.81 percent.  This is a 39.90 percent increase over sales of $664.75 million the same period last year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPLK":"Splunk Inc"},"source_url":"https://www.benzinga.com/news/earnings/22/11/29914021/splunk-q3-eps-0-83-beats-0-25-estimate-sales-930-00m-beat-846-93m-estimate","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2288616841","content_text":"Splunk (NASDAQ:SPLK) reported quarterly earnings of $0.83 per share which beat the analyst consensus estimate of $0.25 by 232 percent. This is a 324.32 percent increase over losses of $(0.37) per share from the same period last year.  The company reported quarterly sales of $930.00 million which beat the analyst consensus estimate of $846.93 million by 9.81 percent.  This is a 39.90 percent increase over sales of $664.75 million the same period last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987764652,"gmtCreate":1668000247277,"gmtModify":1676537996555,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"alphabet is a good bet","listText":"alphabet is a good bet","text":"alphabet is a good bet","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987764652","repostId":"2281999742","repostType":2,"repost":{"id":"2281999742","kind":"highlight","pubTimestamp":1667987137,"share":"https://ttm.financial/m/news/2281999742?lang=&edition=fundamental","pubTime":"2022-11-09 17:45","market":"us","language":"en","title":"Alphabet Stock Is a Buy and It's All Thanks to Google Cloud","url":"https://stock-news.laohu8.com/highlight/detail?id=2281999742","media":"Motley Fool","summary":"The tech titan is seeing softness in advertising revenue, but Google Cloud continues to capture impressive growth.","content":"<html><head></head><body><p>Tech giant <b>Alphabet</b> is commonly associated with Google&#39;s digital advertising business. After all, advertising income accounted for $54.5 billion of Alphabet&#39;s $69.1 billion in third-quarter revenue.</p><p>So on Oct. 25, when the company reported disappointing Q3 earnings in its ad business, the result propelled a stock price decline, reaching a 52-week low on Nov. 3.</p><p>The sell-off is an understandable reaction to Alphabet&#39;s modest 2.5% year-over-year Q3 ad revenue growth, combined with YouTube&#39;s first ever year-over-year ad sales decline since the division&#39;s revenue was broken out in 2019. Alphabet&#39;s weak ad revenue results were due to a slowdown in the advertising industry, sparked by this year&#39;s uncertain macroeconomic environment.</p><p>But the company possesses a potent business outside of advertising capable of reducing Alphabet&#39;s dependence on ad revenue. That business is Google Cloud, Alphabet&#39;s foray into the red-hot cloud computing market. Google Cloud alone makes Alphabet a compelling investment for investors with an eye on the long term.</p><h2>Alphabet&#39;s cloud success</h2><p>Alphabet&#39;s decision to participate in the cloud computing industry was a smart move. This industry is seeing strong growth, with a forecasted compound annual growth rate of nearly 20% over the next seven years. Alphabet&#39;s CFO Ruth Porat stated, &#34;Enterprise customers are still early in their move to the cloud,&#34; signaling the potential for years of upside in Alphabet&#39;s cloud business.</p><p>Google Cloud is already successfully capturing its share of this growing market. The business currently ranks third among global cloud computing companies.</p><p>Google Cloud&#39;s year-over-year revenue has been rising by jaw-dropping double digits for several years. Last year&#39;s $19.2 billion in Google Cloud revenue was a 47% increase over 2020. This year, revenue has already hit $19 billion after three quarters, a 39% year-over-year growth rate. Google Cloud&#39;s revenue of $24.5 billion over the trailing 12 months now outstrips rival <b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b>&#39;s $22.2 billion over the same time period.</p><p>Google Cloud&#39;s ability to support massive scale has attracted many enterprise customers. Clients include <b>Toyota</b>, the Australia Securities Exchange, and <b>Etsy</b>. Companies such as <b>Shopify</b> and <b><a href=\"https://laohu8.com/S/PARA\">Paramount Global</a></b> use Google Cloud as the backbone for key services, with the former employing Google Cloud to process millions of customer transactions, and the latter to deliver streaming services for its Paramount+ product.</p><p>Alphabet also launched the Google Public Sector program in June to capture customers in the government sector. The program counts the city of Los Angeles, New York state, and the U.S. Forest Service as clients.</p><h2>Google Cloud&#39;s strengths</h2><p>Google Cloud&#39;s success makes sense. It already delivers planetary-scale IT infrastructure to Alphabet&#39;s own businesses, such as YouTube and Gmail, which boast millions of global users. So enterprise clients see Google Cloud as a reliable alternative to competitors.</p><p>Also, Google Cloud&#39;s parent company serves as a potent funding source to fuel the division&#39;s growth. That&#39;s thanks to Alphabet&#39;s ability to generate strong free cash flow (FCF).</p><p>Alphabet produced $63 billion in free cash flow over the trailing 12 months. This is in spite of currency headwinds from a strong U.S. dollar, since more than half of Alphabet&#39;s 2022 revenue came from outside the U.S.</p><p>Porat stated Alphabet&#39;s intention to &#34;continue to invest meaningfully&#34; in Google Cloud and is focusing spending accordingly. To that end, in September, the company announced it was shutting down its Stadia video games division. That same month, Alphabet spent $5.4 billion to acquire cybersecurity firm <a href=\"https://laohu8.com/S/MNDT\">Mandiant</a>, marking the second-biggest acquisition in company history.</p><p>Mandiant will help Google Cloud proactively monitor computers, mobile devices, and other IT assets to quickly identify threats and vulnerabilities. The move strengthens Google Cloud&#39;s security at a time when protection from hackers is more challenging, given the rise in remote workers from just 23% of Americans before the coronavirus pandemic to nearly 60% today.</p><p>The Mandiant acquisition is only one example of how Google Cloud continues to evolve its offerings. It&#39;s also looking at ways to incorporate blockchain technology, the same tech used to power cryptocurrency, and is already leveraging artificial intelligence.</p><h2>Google Cloud growth</h2><p>Today, Google Cloud&#39;s business is overshadowed by Alphabet&#39;s much larger advertising income, but Google Cloud&#39;s revenue continues to rise vigorously despite deceleration in rivals. This bodes well for Google Cloud becoming the growth engine that helps Alphabet reduce its advertising dependence.</p><p>That growth potential can be seen in Alphabet&#39;s remaining performance obligations, which represents customer commitments for future services that have not been rendered yet, so isn&#39;t recognized as revenue. But it gives a sense for the revenue potential Google Cloud can unlock as these obligations are fulfilled in the coming months. At the end of Q3, Alphabet had $52.4 billion in remaining performance obligations, primarily related to Google Cloud.</p><p>Google Cloud also has the cloud computing industry&#39;s expansion as a tailwind. Industry forecasts predict the cloud computing market will grow from $405.7 billion in 2021 to $1.7 trillion by 2029.</p><p>Given the strength of its platform and how much it underpins Alphabet&#39;s own IT infrastructure, its history of success, and industry expansion in the years ahead, Google Cloud will continue to be a meaningful contributor to Alphabet&#39;s future growth, making Alphabet stock a worthwhile investment.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet Stock Is a Buy and It's All Thanks to Google Cloud</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\">\nAlphabet Stock Is a Buy and It's All Thanks to Google Cloud\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 17:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/08/alphabet-stock-is-a-buy-and-its-all-thanks-to-goog/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech giant Alphabet is commonly associated with Google's digital advertising business. After all, advertising income accounted for $54.5 billion of Alphabet's $69.1 billion in third-quarter revenue.So...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/08/alphabet-stock-is-a-buy-and-its-all-thanks-to-goog/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/11/08/alphabet-stock-is-a-buy-and-its-all-thanks-to-goog/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2281999742","content_text":"Tech giant Alphabet is commonly associated with Google's digital advertising business. After all, advertising income accounted for $54.5 billion of Alphabet's $69.1 billion in third-quarter revenue.So on Oct. 25, when the company reported disappointing Q3 earnings in its ad business, the result propelled a stock price decline, reaching a 52-week low on Nov. 3.The sell-off is an understandable reaction to Alphabet's modest 2.5% year-over-year Q3 ad revenue growth, combined with YouTube's first ever year-over-year ad sales decline since the division's revenue was broken out in 2019. Alphabet's weak ad revenue results were due to a slowdown in the advertising industry, sparked by this year's uncertain macroeconomic environment.But the company possesses a potent business outside of advertising capable of reducing Alphabet's dependence on ad revenue. That business is Google Cloud, Alphabet's foray into the red-hot cloud computing market. Google Cloud alone makes Alphabet a compelling investment for investors with an eye on the long term.Alphabet's cloud successAlphabet's decision to participate in the cloud computing industry was a smart move. This industry is seeing strong growth, with a forecasted compound annual growth rate of nearly 20% over the next seven years. Alphabet's CFO Ruth Porat stated, \"Enterprise customers are still early in their move to the cloud,\" signaling the potential for years of upside in Alphabet's cloud business.Google Cloud is already successfully capturing its share of this growing market. The business currently ranks third among global cloud computing companies.Google Cloud's year-over-year revenue has been rising by jaw-dropping double digits for several years. Last year's $19.2 billion in Google Cloud revenue was a 47% increase over 2020. This year, revenue has already hit $19 billion after three quarters, a 39% year-over-year growth rate. Google Cloud's revenue of $24.5 billion over the trailing 12 months now outstrips rival IBM's $22.2 billion over the same time period.Google Cloud's ability to support massive scale has attracted many enterprise customers. Clients include Toyota, the Australia Securities Exchange, and Etsy. Companies such as Shopify and Paramount Global use Google Cloud as the backbone for key services, with the former employing Google Cloud to process millions of customer transactions, and the latter to deliver streaming services for its Paramount+ product.Alphabet also launched the Google Public Sector program in June to capture customers in the government sector. The program counts the city of Los Angeles, New York state, and the U.S. Forest Service as clients.Google Cloud's strengthsGoogle Cloud's success makes sense. It already delivers planetary-scale IT infrastructure to Alphabet's own businesses, such as YouTube and Gmail, which boast millions of global users. So enterprise clients see Google Cloud as a reliable alternative to competitors.Also, Google Cloud's parent company serves as a potent funding source to fuel the division's growth. That's thanks to Alphabet's ability to generate strong free cash flow (FCF).Alphabet produced $63 billion in free cash flow over the trailing 12 months. This is in spite of currency headwinds from a strong U.S. dollar, since more than half of Alphabet's 2022 revenue came from outside the U.S.Porat stated Alphabet's intention to \"continue to invest meaningfully\" in Google Cloud and is focusing spending accordingly. To that end, in September, the company announced it was shutting down its Stadia video games division. That same month, Alphabet spent $5.4 billion to acquire cybersecurity firm Mandiant, marking the second-biggest acquisition in company history.Mandiant will help Google Cloud proactively monitor computers, mobile devices, and other IT assets to quickly identify threats and vulnerabilities. The move strengthens Google Cloud's security at a time when protection from hackers is more challenging, given the rise in remote workers from just 23% of Americans before the coronavirus pandemic to nearly 60% today.The Mandiant acquisition is only one example of how Google Cloud continues to evolve its offerings. It's also looking at ways to incorporate blockchain technology, the same tech used to power cryptocurrency, and is already leveraging artificial intelligence.Google Cloud growthToday, Google Cloud's business is overshadowed by Alphabet's much larger advertising income, but Google Cloud's revenue continues to rise vigorously despite deceleration in rivals. This bodes well for Google Cloud becoming the growth engine that helps Alphabet reduce its advertising dependence.That growth potential can be seen in Alphabet's remaining performance obligations, which represents customer commitments for future services that have not been rendered yet, so isn't recognized as revenue. But it gives a sense for the revenue potential Google Cloud can unlock as these obligations are fulfilled in the coming months. At the end of Q3, Alphabet had $52.4 billion in remaining performance obligations, primarily related to Google Cloud.Google Cloud also has the cloud computing industry's expansion as a tailwind. Industry forecasts predict the cloud computing market will grow from $405.7 billion in 2021 to $1.7 trillion by 2029.Given the strength of its platform and how much it underpins Alphabet's own IT infrastructure, its history of success, and industry expansion in the years ahead, Google Cloud will continue to be a meaningful contributor to Alphabet's future growth, making Alphabet stock a worthwhile investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":297,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936068480,"gmtCreate":1662684355541,"gmtModify":1676537116869,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"hope the result is good","listText":"hope the result is good","text":"hope the result is good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936068480","repostId":"2265002282","repostType":2,"repost":{"id":"2265002282","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":1662572340,"share":"https://ttm.financial/m/news/2265002282?lang=&edition=fundamental","pubTime":"2022-09-08 01:39","market":"hk","language":"en","title":"Press Release: Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15","url":"https://stock-news.laohu8.com/highlight/detail?id=2265002282","media":"Dow Jones","summary":"Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15 \n\n\nSAN JOSE, Calif.--(BUS","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n<a href=\"https://laohu8.com/S/ADBE\">Adobe</a> to Announce Q3 FY22 Earnings Results &amp; Host Conference Call Sept. 15 \n</p>\n<pre>\nSAN JOSE, Calif.--(BUSINESS WIRE)--September 07, 2022-- \n</pre>\n<p>\n  Today, Adobe (Nasdaq:ADBE) announced it will release its third quarter fiscal year 2022 results after the market closes on Thu., Sept. 15, 2022, followed by a conference call with investors at 2 p.m. Pacific Time. \n</p>\n<p>\n  The conference call will be streamed on Adobe.com. A recording of the call and related materials will be available on the Adobe Investor Relations site. \n</p>\n<p>\n  Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding Adobe is routinely posted on and accessible at www.adobe.com or www.adobe.com/ADBE. \n</p>\n<p>\n  About Adobe \n</p>\n<p>\n  Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. \n</p>\n<p>\n  (c) 2022 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners. \n</p>\n<p>\n  View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005522/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor relations contact \n</pre>\n<p>\n  Jonathan Vaas \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  ir@adobe.com \n</p>\n<p>\n  Public relations contact \n</p>\n<p>\n  Ashley Levine \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  aslevine@adobe.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 07, 2022 13:39 ET (17:39 GMT)\n</p>\n</font>","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>Press Release: Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15</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\">\nPress Release: Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15\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\">2022-09-08 01:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n<a href=\"https://laohu8.com/S/ADBE\">Adobe</a> to Announce Q3 FY22 Earnings Results &amp; Host Conference Call Sept. 15 \n</p>\n<pre>\nSAN JOSE, Calif.--(BUSINESS WIRE)--September 07, 2022-- \n</pre>\n<p>\n  Today, Adobe (Nasdaq:ADBE) announced it will release its third quarter fiscal year 2022 results after the market closes on Thu., Sept. 15, 2022, followed by a conference call with investors at 2 p.m. Pacific Time. \n</p>\n<p>\n  The conference call will be streamed on Adobe.com. A recording of the call and related materials will be available on the Adobe Investor Relations site. \n</p>\n<p>\n  Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding Adobe is routinely posted on and accessible at www.adobe.com or www.adobe.com/ADBE. \n</p>\n<p>\n  About Adobe \n</p>\n<p>\n  Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. \n</p>\n<p>\n  (c) 2022 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners. \n</p>\n<p>\n  View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005522/en/ \n</p>\n<pre>\n \n    CONTACT:    Investor relations contact \n</pre>\n<p>\n  Jonathan Vaas \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  ir@adobe.com \n</p>\n<p>\n  Public relations contact \n</p>\n<p>\n  Ashley Levine \n</p>\n<p>\n  Adobe \n</p>\n<p>\n  aslevine@adobe.com \n</p>\n<pre>\n \n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 07, 2022 13:39 ET (17:39 GMT)\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HST":"美国豪斯特酒店","ADBE":"Adobe"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265002282","content_text":"Adobe to Announce Q3 FY22 Earnings Results & Host Conference Call Sept. 15 \n\n\nSAN JOSE, Calif.--(BUSINESS WIRE)--September 07, 2022-- \n\n\n  Today, Adobe (Nasdaq:ADBE) announced it will release its third quarter fiscal year 2022 results after the market closes on Thu., Sept. 15, 2022, followed by a conference call with investors at 2 p.m. Pacific Time. \n\n\n  The conference call will be streamed on Adobe.com. A recording of the call and related materials will be available on the Adobe Investor Relations site. \n\n\n  Adobe uses its website as a channel of distribution of material company information. Financial, product and other material information regarding Adobe is routinely posted on and accessible at www.adobe.com or www.adobe.com/ADBE. \n\n\n  About Adobe \n\n\n  Adobe is changing the world through digital experiences. For more information, visit www.adobe.com. \n\n\n  (c) 2022 Adobe. All rights reserved. Adobe and the Adobe logo are either registered trademarks or trademarks of Adobe in the United States and/or other countries. All other trademarks are the property of their respective owners. \n\n\n  View source version on businesswire.com: https://www.businesswire.com/news/home/20220907005522/en/ \n\n\n \n    CONTACT:    Investor relations contact \n\n\n  Jonathan Vaas \n\n\n  Adobe \n\n\n  ir@adobe.com \n\n\n  Public relations contact \n\n\n  Ashley Levine \n\n\n  Adobe \n\n\n  aslevine@adobe.com \n\n\n \n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  September 07, 2022 13:39 ET (17:39 GMT)","news_type":1},"isVote":1,"tweetType":1,"viewCount":417,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904944677,"gmtCreate":1659997195101,"gmtModify":1703476619192,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Great info&nbsp;","listText":"Great info&nbsp;","text":"Great info","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904944677","repostId":"2257461114","repostType":2,"repost":{"id":"2257461114","kind":"news","pubTimestamp":1659943920,"share":"https://ttm.financial/m/news/2257461114?lang=&edition=fundamental","pubTime":"2022-08-08 15:32","market":"hk","language":"zh","title":"又见大手笔增持！年内14股被增持超10亿 通威股份、中国平安居前","url":"https://stock-news.laohu8.com/highlight/detail?id=2257461114","media":"东方财富研究中心","summary":"经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。从该行披露的2022年一季报，江苏交控是其第四大股东。上文提及的南京银行居第三位，年内重要股东净增持37.77亿元。重要股东净减持前20相反，年内有56只个股被净减持超过10亿元，盐湖股份被净减持最多，达92.51亿元。","content":"<html><body><article><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154740847v197r1it1sk9zun\"/><p>上周五盘后，<a href=\"https://laohu8.com/S/601009\">南京银行</a>发布公告称收到持股比例5%以上大股东江苏交通控股有限公司(下称“江苏交控”)相关告知函，江苏交控全资子公司江苏云杉资本管理有限公司(以下简称“云杉资本”)于2022年7月14日至2022年8月4日期间增持该行约1.36亿股股份，占<span>总股本</span>比例1.32%。经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。</p><p>从该行披露的2022年一季报，江苏交控是其第四大股东。今年以来，南京银行已获得<a href=\"https://laohu8.com/S/0HB5.UK\">法国巴黎银行</a>(第一大股东)、紫金集团(第二大股东)、<a href=\"https://laohu8.com/S/600064\">南京高科</a>(第三大股东)等大股东的增持。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154741624v197kdu8vcssif8\"/><p>受此影响，今天早盘南京银行<span>高开高走</span>，一度涨近3%，此后稍有回落，至收盘上涨2.12%，最新市值1090亿元。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154747679v1970pbdv8pono7\"/><p><strong>重要股东净增持前20</strong></p><p><a href=\"https://laohu8.com/S/300059\">东方财富</a>Choice数据显示，全部A股来看，虽说年内行情不是太好，但仍有14只个股在年内被重要股东(董监高及持股5%以上股东)净增持超过10亿元(按公告日统计)。</p><p><a href=\"https://laohu8.com/S/600438\">通威股份</a>为年内重要股东净增持最多个股，金额达63.82亿元。<a href=\"https://laohu8.com/S/601318\">中国平安</a>紧随其后，年内被重要股东净增持50.37亿元。上文提及的南京银行居第三位，年内重要股东净增持37.77亿元。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154751192v197f79tgkid8bh\"/><p><strong>重要股东净减持前20</strong></p><p>相反，年内有56只个股被净减持超过10亿元，<a href=\"https://laohu8.com/S/000792\">盐湖股份</a>被净减持最多，达92.51亿元。万华化学紧随其后，年内重要股东净减持54.37亿元。中金公司居第三位，年内重要股东净减持40.38亿元。</p><img src=\"https://fid-75186.picgzc.qpic.cn/20220808154800906v1971oqd3edo6x0\"/><p>（文章来源：东方财富研究中心）</p></article></body></html>","source":"tencent","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>又见大手笔增持！年内14股被增持超10亿 通威股份、中国平安居前</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又见大手笔增持！年内14股被增持超10亿 通威股份、中国平安居前\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-08 15:32 北京时间&nbsp;&nbsp;&nbsp;<a href=http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202208081548028213724c&s=b><strong>东方财富研究中心</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>上周五盘后，南京银行发布公告称收到持股比例5%以上大股东江苏交通控股有限公司(下称“江苏交控”)相关告知函，江苏交控全资子公司江苏云杉资本管理有限公司(以下简称“云杉资本”)于2022年7月14日至2022年8月4日期间增持该行约1.36亿股股份，占总股本比例1.32%。经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。从该行披露的2022年一...</p>\n\n<a href=\"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202208081548028213724c&s=b\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02318":"中国平安"},"source_url":"http://gu.qq.com/resources/shy/news/detail-v2/index.html#/?id=nesSN202208081548028213724c&s=b","is_english":false,"share_image_url":"https://static.laohu8.com/9a95c1376e76363c1401fee7d3717173","article_id":"2257461114","content_text":"上周五盘后，南京银行发布公告称收到持股比例5%以上大股东江苏交通控股有限公司(下称“江苏交控”)相关告知函，江苏交控全资子公司江苏云杉资本管理有限公司(以下简称“云杉资本”)于2022年7月14日至2022年8月4日期间增持该行约1.36亿股股份，占总股本比例1.32%。经过上述增持，截至2022年8月4日，江苏交控及其全资子公司云杉资本合计持有公司股份比例为11.03%。从该行披露的2022年一季报，江苏交控是其第四大股东。今年以来，南京银行已获得法国巴黎银行(第一大股东)、紫金集团(第二大股东)、南京高科(第三大股东)等大股东的增持。受此影响，今天早盘南京银行高开高走，一度涨近3%，此后稍有回落，至收盘上涨2.12%，最新市值1090亿元。重要股东净增持前20东方财富Choice数据显示，全部A股来看，虽说年内行情不是太好，但仍有14只个股在年内被重要股东(董监高及持股5%以上股东)净增持超过10亿元(按公告日统计)。通威股份为年内重要股东净增持最多个股，金额达63.82亿元。中国平安紧随其后，年内被重要股东净增持50.37亿元。上文提及的南京银行居第三位，年内重要股东净增持37.77亿元。重要股东净减持前20相反，年内有56只个股被净减持超过10亿元，盐湖股份被净减持最多，达92.51亿元。万华化学紧随其后，年内重要股东净减持54.37亿元。中金公司居第三位，年内重要股东净减持40.38亿元。（文章来源：东方财富研究中心）","news_type":1},"isVote":1,"tweetType":1,"viewCount":436,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079745994,"gmtCreate":1657244376718,"gmtModify":1676535978144,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"cool","listText":"cool","text":"cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079745994","repostId":"2247900732","repostType":2,"repost":{"id":"2247900732","kind":"news","pubTimestamp":1656578401,"share":"https://ttm.financial/m/news/2247900732?lang=&edition=fundamental","pubTime":"2022-06-30 16:40","market":"hk","language":"zh","title":"智通港股52周新高、新低统计|6月30日","url":"https://stock-news.laohu8.com/highlight/detail?id=2247900732","media":"智通财经","summary":"智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中杭品生活科技、上海小南国、世纪睿科创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ、龙资源、宏基资本创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。","content":"<html><body><p>智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中<a href=\"https://laohu8.com/S/01682\">杭品生活科技</a>(01682)、<a href=\"https://laohu8.com/S/03666\">上海小南国</a>(03666)、<a href=\"https://laohu8.com/S/01450\">世纪睿科</a>(01450)创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ(00020)、<a href=\"https://laohu8.com/S/01712\">龙资源</a>(01712)、<a href=\"https://laohu8.com/S/02288\">宏基资本</a>(02288)创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。</p><p>52周新高排行</p> <table cellspacing=\"1\"> <tr> <th width=\"25%\">股票名称</th> <th width=\"25%\">收盘价</th> <th width=\"25%\">最高价</th> <th width=\"25%\">创高率</th> </tr> <tr><td width=\"25%\">杭品生活科技(01682)</td><td width=\"25%\">0.157</td><td width=\"25%\">1.300</td><td width=\"25%\">242.11%</td></tr><tr><td width=\"25%\">上海小南国(03666)</td><td width=\"25%\">0.082</td><td width=\"25%\">0.089</td><td width=\"25%\">11.25%</td></tr><tr><td width=\"25%\">世纪睿科(01450)</td><td width=\"25%\">4.300</td><td width=\"25%\">4.360</td><td width=\"25%\">10.38%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08360\">利骏集团香港</a>(08360)</td><td width=\"25%\">0.930</td><td width=\"25%\">0.940</td><td width=\"25%\">9.30%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/09878\">汇通达网络</a>(09878)</td><td width=\"25%\">60.350</td><td width=\"25%\">63.000</td><td width=\"25%\">7.97%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00367\">庄士机构国际</a>(00367)</td><td width=\"25%\">1.020</td><td width=\"25%\">1.040</td><td width=\"25%\">7.77%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08112\">基石金融</a>(08112)</td><td width=\"25%\">0.710</td><td width=\"25%\">0.720</td><td width=\"25%\">6.82%</td></tr><tr><td width=\"25%\">亿都（国际控股）(00259)</td><td width=\"25%\">3.300</td><td width=\"25%\">3.450</td><td width=\"25%\">4.86%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03838\">中国淀粉</a>(03838)</td><td width=\"25%\">0.310</td><td width=\"25%\">0.325</td><td width=\"25%\">4.84%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00875\">中国金控</a>(00875)</td><td width=\"25%\">10.120</td><td width=\"25%\">10.440</td><td width=\"25%\">4.40%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/601111\">中国国航</a>(00753)</td><td width=\"25%\">6.820</td><td width=\"25%\">7.150</td><td width=\"25%\">2.58%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00039\">中国北大荒</a>(00039)</td><td width=\"25%\">0.100</td><td width=\"25%\">0.120</td><td width=\"25%\">1.69%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00168\">青岛啤酒股份</a>(00168)</td><td width=\"25%\">81.600</td><td width=\"25%\">83.800</td><td width=\"25%\">1.39%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02289\">创美药业</a>(02289)</td><td width=\"25%\">8.200</td><td width=\"25%\">8.200</td><td width=\"25%\">1.23%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01082\">香港教育国际</a>(01082)</td><td width=\"25%\">1.760</td><td width=\"25%\">1.770</td><td width=\"25%\">1.14%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00123\">越秀地产</a>(00123)</td><td width=\"25%\">10.060</td><td width=\"25%\">10.200</td><td width=\"25%\">0.99%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01702\">东光化工</a>(01702)</td><td width=\"25%\">2.540</td><td width=\"25%\">2.500</td><td width=\"25%\">0.81%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08342\">飞思达科技</a>(01782)</td><td width=\"25%\">1.520</td><td width=\"25%\">1.560</td><td width=\"25%\">0.65%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00293\">国泰航空</a>(00293)</td><td width=\"25%\">8.590</td><td width=\"25%\">8.740</td><td width=\"25%\">0.58%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03900\">绿城中国</a>(03900)</td><td width=\"25%\">16.260</td><td width=\"25%\">16.500</td><td width=\"25%\">0.22%</td></tr><tr><td width=\"25%\">Ａ工银中金美－Ｕ(09011)</td><td width=\"25%\">1,033.750</td><td width=\"25%\">1,033.750</td><td width=\"25%\">0.10%</td></tr><tr><td width=\"25%\">Ａ工银中金美(03011)</td><td width=\"25%\">8,107.400</td><td width=\"25%\">8,107.400</td><td width=\"25%\">0.05%</td></tr> </table> <div></div><p>52周新低排行</p> <table cellspacing=\"1\"> <tr> <th width=\"25%\">股票名称</th> <th width=\"25%\">收盘价</th> <th width=\"25%\">最低价</th> <th width=\"25%\">创低率</th> </tr> <tr><td width=\"25%\">商汤－Ｗ(00020)</td><td width=\"25%\">3.130</td><td width=\"25%\">2.910</td><td width=\"25%\">-25.38%</td></tr><tr><td width=\"25%\">龙资源(01712)</td><td width=\"25%\">0.960</td><td width=\"25%\">0.900</td><td width=\"25%\">-18.18%</td></tr><tr><td width=\"25%\">宏基资本(02288)</td><td width=\"25%\">0.510</td><td width=\"25%\">0.400</td><td width=\"25%\">-15.79%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08006\">华泰瑞银</a>(08579)</td><td width=\"25%\">0.225</td><td width=\"25%\">0.211</td><td width=\"25%\">-12.08%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00599\">怡邦行控股</a>(00599)</td><td width=\"25%\">0.355</td><td width=\"25%\">0.300</td><td width=\"25%\">-11.76%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01238\">宝龙地产</a>(01238)</td><td width=\"25%\">1.310</td><td width=\"25%\">1.280</td><td width=\"25%\">-11.72%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01566\">华夏文化科技</a>(01566)</td><td width=\"25%\">0.083</td><td width=\"25%\">0.080</td><td width=\"25%\">-11.11%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08096\">赏之味</a>(08096)</td><td width=\"25%\">0.049</td><td width=\"25%\">0.041</td><td width=\"25%\">-10.87%</td></tr><tr><td width=\"25%\">VICON HOLDINGS(03878)</td><td width=\"25%\">0.231</td><td width=\"25%\">0.223</td><td width=\"25%\">-10.80%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08062\">俊盟国际</a>(08062)</td><td width=\"25%\">0.229</td><td width=\"25%\">0.185</td><td width=\"25%\">-10.63%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02246\">快狗打车</a>(02246)</td><td width=\"25%\">12.400</td><td width=\"25%\">11.980</td><td width=\"25%\">-8.27%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03830\">童园国际</a>(03830)</td><td width=\"25%\">0.101</td><td width=\"25%\">0.093</td><td width=\"25%\">-7.92%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00468\">纷美包装</a>(00468)</td><td width=\"25%\">1.570</td><td width=\"25%\">1.530</td><td width=\"25%\">-7.83%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00197\">亨泰</a>(00197)</td><td width=\"25%\">0.075</td><td width=\"25%\">0.071</td><td width=\"25%\">-7.79%</td></tr><tr><td width=\"25%\">加科思－Ｂ(01167)</td><td width=\"25%\">6.100</td><td width=\"25%\">5.840</td><td width=\"25%\">-6.71%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00926\">碧生源</a>(00926)</td><td width=\"25%\">2.380</td><td width=\"25%\">2.300</td><td width=\"25%\">-5.74%</td></tr><tr><td width=\"25%\">ＦＬ二富邦台湾(07232)</td><td width=\"25%\">6.500</td><td width=\"25%\">6.485</td><td width=\"25%\">-5.67%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02772\">中梁控股</a>(02772)</td><td width=\"25%\">1.320</td><td width=\"25%\">1.300</td><td width=\"25%\">-4.41%</td></tr><tr><td width=\"25%\">ＴＲ台湾(03036)</td><td width=\"25%\">354.900</td><td width=\"25%\">354.900</td><td width=\"25%\">-4.26%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01387\">中国地利</a>(01387)</td><td width=\"25%\">1.470</td><td width=\"25%\">1.460</td><td width=\"25%\">-3.95%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02262\">梁志天设计集团</a>(02262)</td><td width=\"25%\">0.510</td><td width=\"25%\">0.510</td><td width=\"25%\">-3.77%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01746\">万顺集团控股</a>(01746)</td><td width=\"25%\">0.290</td><td width=\"25%\">0.290</td><td width=\"25%\">-3.33%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03076\">富邦台湾半导体</a>(03076)</td><td width=\"25%\">4.766</td><td width=\"25%\">4.766</td><td width=\"25%\">-3.13%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01761\">宝宝树集团</a>(01761)</td><td width=\"25%\">0.495</td><td width=\"25%\">0.495</td><td width=\"25%\">-2.94%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03332\">中生联合</a>(03332)</td><td width=\"25%\">0.124</td><td width=\"25%\">0.100</td><td width=\"25%\">-2.91%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/08038\">金力集团</a>(03919)</td><td width=\"25%\">0.177</td><td width=\"25%\">0.175</td><td width=\"25%\">-2.78%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02309\">伯明翰体育</a>(02309)</td><td width=\"25%\">0.075</td><td width=\"25%\">0.070</td><td width=\"25%\">-2.78%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03021\">富邦富时台湾</a>(03021)</td><td width=\"25%\">5.875</td><td width=\"25%\">5.935</td><td width=\"25%\">-2.70%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00606\">中骏商管</a>(00606)</td><td width=\"25%\">1.610</td><td width=\"25%\">1.560</td><td width=\"25%\">-2.50%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/03132\">三星环球半导体</a>(03132)</td><td width=\"25%\">10.490</td><td width=\"25%\">10.450</td><td width=\"25%\">-2.43%</td></tr><tr><td width=\"25%\">安硕ＭＳ台湾(03074)</td><td width=\"25%\">157.400</td><td width=\"25%\">156.900</td><td width=\"25%\">-2.43%</td></tr><tr><td width=\"25%\">Ａ日兴电游－Ｕ(09091)</td><td width=\"25%\">9.575</td><td width=\"25%\">9.575</td><td width=\"25%\">-2.00%</td></tr><tr><td width=\"25%\">安硕ＭＳ台湾－Ｕ(09074)</td><td width=\"25%\">20.140</td><td width=\"25%\">20.280</td><td width=\"25%\">-1.93%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/02030\">卡宾</a>(02030)</td><td width=\"25%\">1.790</td><td width=\"25%\">1.790</td><td width=\"25%\">-1.65%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01470\">富一国际控股</a>(01470)</td><td width=\"25%\">0.075</td><td width=\"25%\">0.074</td><td width=\"25%\">-1.33%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00815\">中国白银集团</a>(00815)</td><td width=\"25%\">0.445</td><td width=\"25%\">0.445</td><td width=\"25%\">-1.11%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00164\">中国宝力科技</a>(00164)</td><td width=\"25%\">0.250</td><td width=\"25%\">0.242</td><td width=\"25%\">-0.82%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/01382\">互太纺织</a>(01382)</td><td width=\"25%\">3.140</td><td width=\"25%\">3.140</td><td width=\"25%\">-0.63%</td></tr><tr><td width=\"25%\">Ａ<a href=\"https://laohu8.com/S/SMSN.UK\">三星</a>区块链(03171)</td><td width=\"25%\">15.050</td><td width=\"25%\">14.990</td><td width=\"25%\">-0.60%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00898\">万事昌国际</a>(00898)</td><td width=\"25%\">0.960</td><td width=\"25%\">0.920</td><td width=\"25%\">-0.54%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00184\">激成投资</a>(00184)</td><td width=\"25%\">2.460</td><td width=\"25%\">2.400</td><td width=\"25%\">-0.41%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/00002\">中电控股</a>(00002)</td><td width=\"25%\">65.100</td><td width=\"25%\">64.800</td><td width=\"25%\">-0.15%</td></tr><tr><td width=\"25%\"><a href=\"https://laohu8.com/S/04246\">政府债券二四零六</a>(04246)</td><td width=\"25%\">97.650</td><td width=\"25%\">97.500</td><td width=\"25%\">-0.05%</td></tr> </table> <div></div></body></html>","source":"stock_zhitongcaijing","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>智通港股52周新高、新低统计|6月30日</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智通港股52周新高、新低统计|6月30日\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-30 16:40 北京时间&nbsp;&nbsp;&nbsp;<a href=http://www.zhitongcaijing.com/content/detail/747553.html><strong>智通财经</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中杭品生活科技(01682)、上海小南国(03666)、世纪睿科(01450)创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ(00020)、龙资源(01712)、宏基资本(02288)创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。52周...</p>\n\n<a href=\"http://www.zhitongcaijing.com/content/detail/747553.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"02030":"卡宾","08096":"赏之味","00468":"纷美包装","01746":"万顺集团控股","00168":"青岛啤酒股份","BK1505":"一带一路","03830":"童园国际","BK1164":"酒店、度假村与豪华游轮","BK1587":"次新股","01761":"宝宝树集团","BK1229":"房地产经营公司","BK1555":"内房股","08579":"靛蓝星(旧)","BK1578":"个体经济","BK1160":"纺织品","00753":"中国国航","BK1234":"白银","02309":"大象未来集团","BK1577":"香港本地消费股","00367":"庄士机构国际","BK1511":"疑似财技股","08112":"基石金融","09878":"汇通达网络","BK1213":"消闲用品","02262":"梁志天设计集团","BK1123":"航空公司","02288":"宏基资本","BK1212":"农产品","BK1116":"电气部件与设备","02289":"创美药业","BK1148":"建筑与工程","03076":"富邦台湾半导体","03900":"绿城中国","00164":"中国宝力科技","BK1561":"航空股","00020":"商汤-W","01712":"龙资源","00926":"碧生源","BK1527":"公用股","BK1130":"出版","02772":"中梁控股"},"source_url":"http://www.zhitongcaijing.com/content/detail/747553.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2247900732","content_text":"智通财经APP数据显示，截止6月30日收盘，有22只股票创52周新高，其中杭品生活科技(01682)、上海小南国(03666)、世纪睿科(01450)创高率位于前3位，分别为242.11%、11.25%、10.38%。另外有43只股票创52周新低，其中商汤－Ｗ(00020)、龙资源(01712)、宏基资本(02288)创低率位于前三位，分别为-25.38%、-18.18%、-15.79%。52周新高排行   股票名称 收盘价 最高价 创高率  杭品生活科技(01682)0.1571.300242.11%上海小南国(03666)0.0820.08911.25%世纪睿科(01450)4.3004.36010.38%利骏集团香港(08360)0.9300.9409.30%汇通达网络(09878)60.35063.0007.97%庄士机构国际(00367)1.0201.0407.77%基石金融(08112)0.7100.7206.82%亿都（国际控股）(00259)3.3003.4504.86%中国淀粉(03838)0.3100.3254.84%中国金控(00875)10.12010.4404.40%中国国航(00753)6.8207.1502.58%中国北大荒(00039)0.1000.1201.69%青岛啤酒股份(00168)81.60083.8001.39%创美药业(02289)8.2008.2001.23%香港教育国际(01082)1.7601.7701.14%越秀地产(00123)10.06010.2000.99%东光化工(01702)2.5402.5000.81%飞思达科技(01782)1.5201.5600.65%国泰航空(00293)8.5908.7400.58%绿城中国(03900)16.26016.5000.22%Ａ工银中金美－Ｕ(09011)1,033.7501,033.7500.10%Ａ工银中金美(03011)8,107.4008,107.4000.05%  52周新低排行   股票名称 收盘价 最低价 创低率  商汤－Ｗ(00020)3.1302.910-25.38%龙资源(01712)0.9600.900-18.18%宏基资本(02288)0.5100.400-15.79%华泰瑞银(08579)0.2250.211-12.08%怡邦行控股(00599)0.3550.300-11.76%宝龙地产(01238)1.3101.280-11.72%华夏文化科技(01566)0.0830.080-11.11%赏之味(08096)0.0490.041-10.87%VICON HOLDINGS(03878)0.2310.223-10.80%俊盟国际(08062)0.2290.185-10.63%快狗打车(02246)12.40011.980-8.27%童园国际(03830)0.1010.093-7.92%纷美包装(00468)1.5701.530-7.83%亨泰(00197)0.0750.071-7.79%加科思－Ｂ(01167)6.1005.840-6.71%碧生源(00926)2.3802.300-5.74%ＦＬ二富邦台湾(07232)6.5006.485-5.67%中梁控股(02772)1.3201.300-4.41%ＴＲ台湾(03036)354.900354.900-4.26%中国地利(01387)1.4701.460-3.95%梁志天设计集团(02262)0.5100.510-3.77%万顺集团控股(01746)0.2900.290-3.33%富邦台湾半导体(03076)4.7664.766-3.13%宝宝树集团(01761)0.4950.495-2.94%中生联合(03332)0.1240.100-2.91%金力集团(03919)0.1770.175-2.78%伯明翰体育(02309)0.0750.070-2.78%富邦富时台湾(03021)5.8755.935-2.70%中骏商管(00606)1.6101.560-2.50%三星环球半导体(03132)10.49010.450-2.43%安硕ＭＳ台湾(03074)157.400156.900-2.43%Ａ日兴电游－Ｕ(09091)9.5759.575-2.00%安硕ＭＳ台湾－Ｕ(09074)20.14020.280-1.93%卡宾(02030)1.7901.790-1.65%富一国际控股(01470)0.0750.074-1.33%中国白银集团(00815)0.4450.445-1.11%中国宝力科技(00164)0.2500.242-0.82%互太纺织(01382)3.1403.140-0.63%Ａ三星区块链(03171)15.05014.990-0.60%万事昌国际(00898)0.9600.920-0.54%激成投资(00184)2.4602.400-0.41%中电控股(00002)65.10064.800-0.15%政府债券二四零六(04246)97.65097.500-0.05%","news_type":1},"isVote":1,"tweetType":1,"viewCount":526,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079742887,"gmtCreate":1657244346049,"gmtModify":1676535978123,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"too bad. look like somebody see that the coy is undervalued.&nbsp;","listText":"too bad. look like somebody see that the coy is undervalued.&nbsp;","text":"too bad. look like somebody see that the coy is undervalued.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079742887","repostId":"2245028857","repostType":2,"repost":{"id":"2245028857","kind":"news","pubTimestamp":1655799054,"share":"https://ttm.financial/m/news/2245028857?lang=&edition=fundamental","pubTime":"2022-06-21 16:10","market":"sg","language":"en","title":"A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility","url":"https://stock-news.laohu8.com/highlight/detail?id=2245028857","media":"Bloomberg:","summary":"A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concern","content":"<div>\n<p>A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility</p>\n\n<a href=\"https://t.co/oejmtCIOov\">Web Link</a>\n\n</div>\n","source":"redbox_twitter","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>A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility</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\">\nA sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-21 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://t.co/oejmtCIOov><strong>Bloomberg:</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility</p>\n\n<a href=\"https://t.co/oejmtCIOov\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK1536":"电信股","01310":"香港宽频","BK1133":"综合电信业务"},"source_url":"https://t.co/oejmtCIOov","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245028857","content_text":"A sale of Hong Kong telecommunications provider HKBN has stalled as potential buyers express concerns over valuation amid market volatility","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9079167056,"gmtCreate":1657159386275,"gmtModify":1676535961591,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"Good insight abt metaverse","listText":"Good insight abt metaverse","text":"Good insight abt metaverse","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9079167056","repostId":"2249475295","repostType":2,"repost":{"id":"2249475295","kind":"news","pubTimestamp":1657154364,"share":"https://ttm.financial/m/news/2249475295?lang=&edition=fundamental","pubTime":"2022-07-07 08:39","market":"hk","language":"zh","title":"腾讯与复旦大学元宇宙重磅报告","url":"https://stock-news.laohu8.com/highlight/detail?id=2249475295","media":"察访区块链","summary":"近日，腾讯联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。","content":"<html><body><div><p>近日，<a href=\"https://laohu8.com/S/00700\">腾讯</a>联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。特别是，报告提出了“元宇宙率”这一概念，用多个核心维度来衡量元宇宙技术营造的“远程在场感”，包括计算力、响应力、逼真性、沉浸性、互动性、用户自主性、数字财产保护、数字货币支付等。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">元宇宙到底是什么？</strong></p><p>“元宇宙”的内涵很丰富，但其主要成分是遍在性网络、加密货币和加密网络（如比特币和以太坊）、VR 和AR技术以及NFT （Non-Fungible Tokens） 。</p><p>广义而言，我们可以说，互联网就早已经是一个元宇宙了。我们在新冠疫情中不可或缺的远程视频会议都有一些“元宇宙”元素。“元宇宙”是永远在后退的地平线，我们可以不断靠近它，但永远无法完全实现它。</p><p>扎克伯克说元宇宙是一个“具身的互联网”（embodied Internet ）。<span mp-original-font-size=\"16\" mp-original-line-=\"\"><strong mp-original-font-size=\"16\" mp-original-line-=\"\">但侠义的元宇宙是一种基于增强现实、虚拟现实和混合现实等技术，整合了用户替身创设、内容生产、社交互动、在线游戏、虚拟货币支付的网络空间。在元宇宙中 ， 用户不仅仅是看内容 ， 而是能全身心沉浸在相互补充和相互转化的物理世界和数字世界中，恰是中国文化中的阴与阳 。</strong></span></p><p><img src=\"https://img.jinse.com/6277414_image3.png\"/></p><p><span>现实世界与元宇宙</span></p><p>就像今天的互联网一样，元宇宙并不是某种单一技术，而而是一个由许多公司提供各种技术，逐步共同建设而成的生态系统。<span mp-original-font-size=\"16\" mp-original-line-=\"\"><strong mp-original-font-size=\"16\" mp-original-line-=\"\">具体来说，元宇宙有四大特征：逼真性、沉浸性、开放性、协作性。</strong></span></p><p>用户在虚拟空间将感受到一种“共同的具身在场感”，以第一视角感受环境并与其他用户互动。此时，我们将不再是简单地在媒介之外，而是将生在媒介之中。</p><p>元宇宙生态系统的各部分将相互连接和实现互操作（ interconnected and interoperable）。在元宇宙中，各种人和物件的有固定的身份，这样个人和数字商品能从一个虚拟世界移动到另一个虚拟世界，甚至通过增强现实进入网下的真实世界。这意味着，元宇宙中，信息可以畅通无阻地跨平台和跨世界传输（包括在虚拟世界之间，以及虚拟世界和现实世界之间）。</p><p>元宇宙是要在现实世界之外创造一个想象的世界（fantasy）这一努力从远古就存在，并具有不同的形式，<span mp-original-font-size=\"16\" mp-original-line-=\"\"><strong mp-original-font-size=\"16\" mp-original-line-=\"\">这些形式具有不同的“元宇宙率”（Metaverse Ratio）。</strong></span></p><p><img src=\"https://img.jinse.com/6277415_image3.png\"/></p><p><span>元宇宙率</span></p><p>汉字的每一个形声字恰如元宇宙用户自己创造出来与人分享的3D体验包，或称为扎克伯格说的元宇宙中的holograms（可以是一本书、一部电影、一个游戏如下棋、赛车、K歌和竞猜等）。</p><p>中国的昆剧，如著名音乐家谭盾和“昆曲王子”张军共同担纲制作的中国首部实景园林昆曲《牡丹亭》以园林实景为舞台，通过多种声光物美极具沉浸性地呈现明代大文豪汤显祖的巨作《 牡丹亭 》 ， 将观众远距离投送（teleport）到汤显祖笔下的一个最真实、最纯粹的牡丹之梦中。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">从数字“化身”到“孪生”</strong></p><p>在元宇宙中，用户将在虚拟空间中拥有一个或多个“化身”（avatar）。该词源自梵文 avatar，指神的显身。在印度教中，各种神在人间都以多个化身存在。2009 年获得巨大票房的美国科幻电影《阿凡达》的英文原名即是avatar，而让我们知悉了这个词的新媒体含义。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277416_image3.png\"/></strong></p><p><span>在电子游戏中，“化身”在不同历史阶段有不同的类型</span></p><p>但总体而言，以上游戏，尽管有很多迭代和提升，其人机互动方式仍是：用户身在游戏之外正对着电脑屏幕，音箱放在两侧，通过键盘、鼠标、触控板或游戏控制器来与游戏中的环境以及其他玩家互动。这显然与《雪崩》中描绘的元宇宙场景差别巨大。在后者中，玩家完全沉浸于游戏，用自己的全部感官与游戏环境中的其他玩家互动。</p><p>而进入了Web2.0时代，实现了信息传播的民主化。此时，“任何人只要花5分钟就可以在互联网上拥有一亩三分地”（博客，也即个人主页），因为让大多数人实现了从网下向网上的迁移，使得个体能在网上有了一个数字化身（博客/个人主页，尼葛洛庞帝称之为“数字勤务兵”）。此后，随着技术的进一步发展，这个“化身/博客/个人主页”沿着三个方向发展：</p><ul><li><p><strong>媒介的表达形式，从纯文字变成包含图片、动图、音视频等；</strong></p></li><li><p><strong>媒介内容的长短，（从长内容变成也可以发微内容）；</strong></p></li><li><p><strong>媒介内容之间互联（从独立的个人主页变成互联的个人主页）；</strong></p></li><li><p><strong>移动端（APP），将互联网带入到移动化时代。</strong></p></li></ul><p>Web3.0是在Web2.0的基础上发展起来的一种能更好地体现网民的劳动价值和实现价值均衡分配的一种互联网方式。Web3.0时代弥补了Web2.0内容生产者众，商业模式却很脆弱的不足。</p><p>Web3.0的体现之一：数字游戏玩家通过化身付出时间通关，也因此获得声誉和虚拟货币，这些虚拟财富通过一定方式可以在现实中兑换。这时，区块链、加密货币以及产权保护技术（如NFT）就显得至关重要。</p><p>由于Web3.0的应用非常小众和隐蔽，所以不大为普通公众所知晓。但它成为建设元宇宙的重要基础设施。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277417_image3.png\"/></strong></p><p><span>Web3.0，元宇宙的基础设施之一</span></p><p>元宇宙实现了体验传播的民主化。因此“元宇宙”的到来可以视为是互联网传输技术的第二个革命。因此，我们可以将Web1.0、Web2.0、Web3.0以及元宇宙的相互关系作图示意如下：</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277418_image3.png\"/></strong></p><p><span>Web1.0、Web2.0、Web3.0以及元宇宙的相互关系</span></p><p>而元宇宙时代的用户化身，报告指出，即数字孪生技术。我们通过各种技术向网络空间发布关于自己的信息，最终实现用户在现实空间和虚拟空间之间的相互复制，我们的数字化身发展成我们的“数字孪生”。这个过程包括三个阶段：</p><p><strong>1、人和世界的数字化：</strong>网下真实的自我通过持续、自觉、全面地发布微内容(文字、图片和音视频)实现自身向网络空间的数字化，逐渐建设成一个化身，或称“数字勤务兵”，为网下真实的自我服务。</p><p><strong>2、人和世界的数据化：</strong>各种技术，包括RFID， GPS， LBS，Google Glass， Apple watch， Facebook Rayban Stories眼镜和初级的AR/VR/MR技术等使得用户可以上传空间数据、行为数据、生理数据和非语言符号数据，使得自己的化身越来越丰满。</p><p><strong>3、元宇宙数字孪生：</strong>用户通过元宇宙基础设施和超级VR技术将自己全身心地成为元宇宙的一份子（Cyborgs）。在混合虚拟现实技术的支持下，日益人性化的人机互动界面导致网下与网络空间的不断重合，网络空间就是现实空间，现实空间亦是网络空间。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">元宇宙应用场景和领先公司</strong></p><p>元宇宙并非仅仅是像扎克伯格这样的技术公司高管的逐利梦想，而且还是一个伟大的技术和工程上的创新，如果它得到正确的应用，也是一个能为我们的现实世界带来确实好处的有益工具。</p><p>按照元宇宙现发展现状与未来趋势，我们大致可以将元宇宙的应用场景分为三层，分别为核心层、技术层与环境层。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\"><img src=\"https://img.jinse.com/6277419_image3.png\"/></strong></p><p><span>元宇宙应用场景</span></p><p>核心层包括工作、社交和娱乐。技术层包括商业、场景体验和疾病治疗。而环境层包括虚拟人物、教育、旅游生态和国际传播。</p><p><img src=\"https://img.jinse.com/6277420_image3.png\"/></p><p><span>核心层应用场景</span></p><p><img src=\"https://img.jinse.com/6277421_image3.png\"/></p><p><span>技术层应用场景</span></p><p><img src=\"https://img.jinse.com/6277422_image3.png\"/></p><p><span>环境层应用场景</span></p><p>催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司 ， 它们形成了生机勃勃和快速发展的元宇宙生态系统 。2021 年 newzoo.com 发 布 “元宇宙生态图 ”包括以下类别和主要参与者 :</p><p><img src=\"https://img.jinse.com/6277423_image3.png\"/></p><p><span>元宇宙生态图</span></p><p>2021年6月创立的Roundhill Ball Metaverse <a href=\"https://laohu8.com/S/PSFF\">Pacer Swan SOS Fund of Funds ETF|ETF</a>专注于元宇宙产业。它推出了一个“<a href=\"https://laohu8.com/S/BLL\">波尔</a>元宇宙指数”（Ball Metaverse Index），是全球第一个旨在追踪元宇宙产业表现的指数。该指数是在对全球积极参与元宇宙建设的上市公司进行“分层权重”（tiered weight）后生成的。</p><p>这些元宇宙公司被分成以下7类：</p><p><img src=\"https://img.jinse.com/6277424_image3.png\"/></p><p><span><strong mp-original-font-size=\"14\" mp-original-line-=\"\">元宇宙生态分类</strong></span></p><p>根据以上7个类别，根据其潜力我们可以列出10家目前全球领先的元宇宙公司如下（由于元宇宙技术还在发展中，且市场并未完全清晰分割，因此对以下公司的分类并非完全互斥和稳定的）：</p><p>1、Roblox：在线视频游戏平台，可能是当今最接近元宇宙的平台。拥有4320万日活跃用户，年龄从6岁到30岁，2021年第二季度的用户在线时间为97亿小时。时装品牌 Gucci甚至都在其上推出了新款秀活动。</p><p>2、Unity Software：3D游戏设计软件公司，游戏设计师通过其图像渲染引擎可以设定玩家在游戏中的交流方式；世界前1000款手机游戏中有71%是使用Unity平台创建的；全球所有电子游戏中，超过50%（跨PC、移动和控制台设备）的都是用Unity软件创建的。</p><p>3、Fastly：减少数据传输时间延迟的方案解决商。Fastly拥有一个边缘计算“基础设施即服务”(infrastructure-as-a-service)平台，可以在全球28个国家/地区内实现145TB/秒的数据传输速度，从而有助于减少因数据传输带来时间延迟。催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司。</p><p>4、Autodesk：一个软件公司， 1980年代上市， 因AutoCAD软件而闻名，已经成为工业流水线、基础设施、交通工具、建筑业、工业设计软件的行业标准，用户包括工程师、建筑师、设计师和学生。</p><p>5、<a href=\"https://laohu8.com/S/NVDA\">英伟达</a>：该公司多年来一直生产用于高端计算和人工智能的图形和视频处理芯片，而且已经被广泛运用在复杂计算所必须的服务器和中央计算机中。英伟达计划从软银集团手中收购 <a href=\"https://laohu8.com/S/ARMH\">ARM Holdings</a>。ARM 拥有众多专利和软件，均与芯片如何配置到计算机系统中有关。如果此收购成功，英伟达将有能力将其图形处理单元（GPU）和高端芯片直接嵌入到更多计算系统中，并提升计算能力。</p><p>6、Meta：多领域布局，全球领先的元宇宙公司。</p><p>7、Shopfiy：底层架构元宇宙商业模式。建成元宇宙的一个关键方面是：内容创作者都希望能有自己的商业模式，因此资产数字化、数字货币和内容变现方式在元宇宙中必不可少。Shopify推出一个新的 NFT 平台，可以让数字创作者直接向消费者出售自己的艺术作品或其他内容。NBA芝加哥公牛队首先测试了该功能—— 他们通过Shopify销售了NBA 1991 年总冠军戒指的限量版 NFT。</p><p>8、<a href=\"https://laohu8.com/S/MSFT\">微软</a>：推出了一套新的元宇宙工具，使用户能够创建自己的AI化身，创建虚拟工作室和参与虚拟会议——例如，在虚拟会议中，与会者通过Microsoft Dynamics 365 Connected Spaces这款工具可以即时虚拟访问工厂车间或零售店，与工人或店员交谈，适用产品，感受环境，查找问题，增进理解。</p><p>9、Matterport：Matterport 是一家软件和视频捕捉公司，它开发的软件能让用户拿着手机对实体建筑物一拍就能生成其“数字孪生”。</p><p>10、<a href=\"https://laohu8.com/S/METV\">Roundhill Ball Metaverse ETF</a>：充分关注整个元宇宙领域的发展，从基础设施建设、界面开发到内容创作等无所不包，共涵盖50家上市公司，其中提供云解决方案、游戏平台和计算元件的公司占近 70%，包括英伟达、微软和中国游戏巨头腾讯。到2021年11月，该公司已经累积财富1亿美元，日均交易量达到25万股。</p><p><strong mp-original-font-size=\"16\" mp-original-line-=\"\">2022元宇宙发展趋势</strong></p><p>一个新兴的领域 ， 在想象力上具有千差万别的可能 ， 而在现有技术 、 信息的透明度 上 ， 可能差异并不明显 ， 作为一个 2021 年的元宇宙元年即将过去 ，2022 年元宇宙又该如何 发展 ， 这属于一个摸着石头过河的问题 ， 尚没有人能给出明确的论断 ，但基于现有的条件与社会现象 ， 我们可以做出一些阶段性的思考与未来的可能发展方向 。</p><p>从宏观层面来看 ， 元宇宙理念 、 技术 、硬件 、软件 、内容 、应用均会面临重构与再构。</p><p><img src=\"https://img.jinse.com/6277425_image3.png\"/></p><p><span>元宇宙变革</span></p><p><img src=\"https://img.jinse.com/6277426_image3.png\"/></p><p><span>元宇宙未来发展十大趋势示意图</span></p><p>从微观来看，“政产学研用”各界均会有所行动。</p><p><img src=\"https://img.jinse.com/6277427_image3.png\"/></p><p><span mp-original-font-size=\"14\" mp-original-line-=\"\"><strong mp-original-font-size=\"14\" mp-original-line-=\"\"><span mp-original-font-size=\"14\" mp-original-line-=\"\">元</span></strong></span><strong mp-original-font-size=\"14\" mp-original-line-=\"\"><span mp-original-font-size=\"14\" mp-original-line-=\"\">宇宙微观趋势</span></strong></p><p>元宇宙的概念内涵和外延不清晰，众说纷纭，百人百议。<a href=\"https://laohu8.com/S/AAPL\">苹果</a>CEO库克在接受《时代》周刊杂志的采访时，被记者问到“你所说的就是所谓的元宇宙吗？”他回答说：不，我们只是叫它增强现实（AR）。有网友指出，“元宇宙这玩意，过去搞游戏和视频内容的叫AR/VR，搞工业软件仿真和设计的叫数字孪生，搞社交的叫虚拟社区，现在又加入一点区块链和数字艺术品后，被炒作成了一个谁也说不清的<a href=\"https://laohu8.com/S/BJZ.SI\">高大</a>上的新词元宇宙，真有点扯淡……”</p><p>元宇宙作为一个概念先行的事物，市场以及相关企业是布局元宇宙的重要力量，但过度对元宇宙进行捏造、吹嘘乃至于魔化，不免带偏元宇宙的发展方向<strong>，陷入万物皆可元宇宙的戏谑性资本的现实狂欢。</strong></p><p>要完全实现元宇宙可能需要等待数年的时间和数十亿美元的投入。Facebook在技术上投入了大量资金，例如Portal视频通话设备、Oculus头盔和Horizon虚拟现实平台。Facebook也拥有每天10亿人登录的巨大优势，如果扎克伯格选择提供元宇宙娱乐服务，他很难不成功。但扎克伯格也承认，现有的虚拟现实头盔“有点笨重”，离他所描述的元宇宙体现还距离很遥远。</p><p>相对于社交媒体，元宇宙的技术提升仅仅是通过虚拟现实技术将主要的文字和音视频的互联网变成了用户可以全身心参与的“具身互联网”，但其商业模式并不会有根本的变化——从个人网页转变为“个人具身存在的家”，社交媒体平台变成“一个具身参与的公共空间”。因此，元宇宙仍然将涉及用户隐私这一“基本人权”问题。</p><p>元宇宙被视作一种未来媒介，可以帮助人类打破既有的社会性实践疆界，这样的论断对技术的发展抱以乐观的想象，但是实际上，网络的电子边疆与领网主权同样值得关注，在看不见的元宇宙中，其空间的建构产品的生产必然是有着物理世界国族边疆的约束。</p><p>从目前的发展上来看，国际企业与各大平台积极探索元宇宙产品，建立自身的元宇宙体系，微软、Meta、<a href=\"https://laohu8.com/S/BIDU\">百度</a>、腾讯等均开发出自己的元宇宙空间，每个空间都有自己独立的运营体系与规则内容，或者每个元宇宙对社交、游戏、商业等多领域的侧重点不同，人类又如何在众多的元宇宙空间中实现自由切换与无缝衔接，“开放世界”的理念其实仅仅是对用户层面开放，作为规则制定者的跨国企业之间实现完全的开放、互联互通，目前来讲，存在巨大挑战。</p><p>目前对元宇宙技术将带来一种什么样的未来，还存在不同意见。例如，刘慈欣先生认为，“人类面前有两条路。一条是向外，通往星辰大海；一条向内，通往虚拟现实。”前一条道路就是“飞船派”，志在探索广袤的宇宙世界，另一条就“元宇宙派”。元宇宙是极具诱惑、高度致幻的“精神鸦片”。</p><p>但是，另一种观点则则认为，元宇宙虽然也耗费资源，但开发外太空更耗资巨大且看不到未来，美苏太空计划就是先例。向内或向外并不矛盾，不必以向外来反对向内。人类需要物质资源，也需要学习、工作、沟通、娱乐和治疗等，而元宇宙都能在其中发挥作用。</p><p>但无论对元宇宙持悲观还会乐观态度，如果它们都过于极端的话，其底色都是一种“技术决定论”，差别仅仅在于悲观者认为元宇宙会将人类带入异托邦，乐观者认为它会将人类带入乌托邦。这都是不够公允的态度。对包括元宇宙在内的技术我们都可以保持审慎乐观。</p><p>2021年被称为元宇宙元年，元宇宙在技术层面的关键词是颠覆与变革，在社会层面的关键词则是创新与想象，也为反思人与媒介、人与技术之间的关系提供了契机。但是资本的介入也让元宇宙这一概念充满了炒作争议。对于这样的新事物，如何正确被认识还需要一定的发展时间。</p></div></body></html>","source":"jinse_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" 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href=https://www.jinse.com/blockchain/1827655.html><strong>察访区块链</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>近日，腾讯联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。特别是，报告提出了“元宇宙率”这一概念，用多个核心维度来衡量元宇宙技术营造的“远程在场感”，包括计算力、响应力、逼真性、沉浸性、互动性、用户自主性、数字财产保护、数字货币支付等。元宇宙到底是什么？“元宇宙”的内涵很丰富，但其主要成分是遍在性网络、加密货币和加密网络（...</p>\n\n<a href=\"https://www.jinse.com/blockchain/1827655.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/data:image/png;base64,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?op=imageView2&mode=2&width=256&height=256&quality=70&format=png","relate_stocks":{"BK1586":"云计算","BK1531":"手游股","BK1095":"互动媒体与服务","BK1589":"北水核心资产","00700":"腾讯控股","BK1526":"科网股","BK4077":"互动媒体与服务","TCEHY":"腾讯控股ADR","BK1521":"挪威政府全球养老基金持仓","BK1516":"腾讯概念","BK1608":"元宇宙概念","BK1502":"双十一","BK1517":"云办公","BK1591":"就地过年概念"},"source_url":"https://www.jinse.com/blockchain/1827655.html","is_english":false,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249475295","content_text":"近日，腾讯联合复旦大学新闻学院发布了报告《2021-2022元宇宙报告》，报告针对元宇宙的概念、应用场景、发展趋势等进行了深度的讨论。特别是，报告提出了“元宇宙率”这一概念，用多个核心维度来衡量元宇宙技术营造的“远程在场感”，包括计算力、响应力、逼真性、沉浸性、互动性、用户自主性、数字财产保护、数字货币支付等。元宇宙到底是什么？“元宇宙”的内涵很丰富，但其主要成分是遍在性网络、加密货币和加密网络（如比特币和以太坊）、VR 和AR技术以及NFT （Non-Fungible Tokens） 。广义而言，我们可以说，互联网就早已经是一个元宇宙了。我们在新冠疫情中不可或缺的远程视频会议都有一些“元宇宙”元素。“元宇宙”是永远在后退的地平线，我们可以不断靠近它，但永远无法完全实现它。扎克伯克说元宇宙是一个“具身的互联网”（embodied Internet ）。但侠义的元宇宙是一种基于增强现实、虚拟现实和混合现实等技术，整合了用户替身创设、内容生产、社交互动、在线游戏、虚拟货币支付的网络空间。在元宇宙中 ， 用户不仅仅是看内容 ， 而是能全身心沉浸在相互补充和相互转化的物理世界和数字世界中，恰是中国文化中的阴与阳 。现实世界与元宇宙就像今天的互联网一样，元宇宙并不是某种单一技术，而而是一个由许多公司提供各种技术，逐步共同建设而成的生态系统。具体来说，元宇宙有四大特征：逼真性、沉浸性、开放性、协作性。用户在虚拟空间将感受到一种“共同的具身在场感”，以第一视角感受环境并与其他用户互动。此时，我们将不再是简单地在媒介之外，而是将生在媒介之中。元宇宙生态系统的各部分将相互连接和实现互操作（ interconnected and interoperable）。在元宇宙中，各种人和物件的有固定的身份，这样个人和数字商品能从一个虚拟世界移动到另一个虚拟世界，甚至通过增强现实进入网下的真实世界。这意味着，元宇宙中，信息可以畅通无阻地跨平台和跨世界传输（包括在虚拟世界之间，以及虚拟世界和现实世界之间）。元宇宙是要在现实世界之外创造一个想象的世界（fantasy）这一努力从远古就存在，并具有不同的形式，这些形式具有不同的“元宇宙率”（Metaverse Ratio）。元宇宙率汉字的每一个形声字恰如元宇宙用户自己创造出来与人分享的3D体验包，或称为扎克伯格说的元宇宙中的holograms（可以是一本书、一部电影、一个游戏如下棋、赛车、K歌和竞猜等）。中国的昆剧，如著名音乐家谭盾和“昆曲王子”张军共同担纲制作的中国首部实景园林昆曲《牡丹亭》以园林实景为舞台，通过多种声光物美极具沉浸性地呈现明代大文豪汤显祖的巨作《 牡丹亭 》 ， 将观众远距离投送（teleport）到汤显祖笔下的一个最真实、最纯粹的牡丹之梦中。从数字“化身”到“孪生”在元宇宙中，用户将在虚拟空间中拥有一个或多个“化身”（avatar）。该词源自梵文 avatar，指神的显身。在印度教中，各种神在人间都以多个化身存在。2009 年获得巨大票房的美国科幻电影《阿凡达》的英文原名即是avatar，而让我们知悉了这个词的新媒体含义。在电子游戏中，“化身”在不同历史阶段有不同的类型但总体而言，以上游戏，尽管有很多迭代和提升，其人机互动方式仍是：用户身在游戏之外正对着电脑屏幕，音箱放在两侧，通过键盘、鼠标、触控板或游戏控制器来与游戏中的环境以及其他玩家互动。这显然与《雪崩》中描绘的元宇宙场景差别巨大。在后者中，玩家完全沉浸于游戏，用自己的全部感官与游戏环境中的其他玩家互动。而进入了Web2.0时代，实现了信息传播的民主化。此时，“任何人只要花5分钟就可以在互联网上拥有一亩三分地”（博客，也即个人主页），因为让大多数人实现了从网下向网上的迁移，使得个体能在网上有了一个数字化身（博客/个人主页，尼葛洛庞帝称之为“数字勤务兵”）。此后，随着技术的进一步发展，这个“化身/博客/个人主页”沿着三个方向发展：媒介的表达形式，从纯文字变成包含图片、动图、音视频等；媒介内容的长短，（从长内容变成也可以发微内容）；媒介内容之间互联（从独立的个人主页变成互联的个人主页）；移动端（APP），将互联网带入到移动化时代。Web3.0是在Web2.0的基础上发展起来的一种能更好地体现网民的劳动价值和实现价值均衡分配的一种互联网方式。Web3.0时代弥补了Web2.0内容生产者众，商业模式却很脆弱的不足。Web3.0的体现之一：数字游戏玩家通过化身付出时间通关，也因此获得声誉和虚拟货币，这些虚拟财富通过一定方式可以在现实中兑换。这时，区块链、加密货币以及产权保护技术（如NFT）就显得至关重要。由于Web3.0的应用非常小众和隐蔽，所以不大为普通公众所知晓。但它成为建设元宇宙的重要基础设施。Web3.0，元宇宙的基础设施之一元宇宙实现了体验传播的民主化。因此“元宇宙”的到来可以视为是互联网传输技术的第二个革命。因此，我们可以将Web1.0、Web2.0、Web3.0以及元宇宙的相互关系作图示意如下：Web1.0、Web2.0、Web3.0以及元宇宙的相互关系而元宇宙时代的用户化身，报告指出，即数字孪生技术。我们通过各种技术向网络空间发布关于自己的信息，最终实现用户在现实空间和虚拟空间之间的相互复制，我们的数字化身发展成我们的“数字孪生”。这个过程包括三个阶段：1、人和世界的数字化：网下真实的自我通过持续、自觉、全面地发布微内容(文字、图片和音视频)实现自身向网络空间的数字化，逐渐建设成一个化身，或称“数字勤务兵”，为网下真实的自我服务。2、人和世界的数据化：各种技术，包括RFID， GPS， LBS，Google Glass， Apple watch， Facebook Rayban Stories眼镜和初级的AR/VR/MR技术等使得用户可以上传空间数据、行为数据、生理数据和非语言符号数据，使得自己的化身越来越丰满。3、元宇宙数字孪生：用户通过元宇宙基础设施和超级VR技术将自己全身心地成为元宇宙的一份子（Cyborgs）。在混合虚拟现实技术的支持下，日益人性化的人机互动界面导致网下与网络空间的不断重合，网络空间就是现实空间，现实空间亦是网络空间。元宇宙应用场景和领先公司元宇宙并非仅仅是像扎克伯格这样的技术公司高管的逐利梦想，而且还是一个伟大的技术和工程上的创新，如果它得到正确的应用，也是一个能为我们的现实世界带来确实好处的有益工具。按照元宇宙现发展现状与未来趋势，我们大致可以将元宇宙的应用场景分为三层，分别为核心层、技术层与环境层。元宇宙应用场景核心层包括工作、社交和娱乐。技术层包括商业、场景体验和疾病治疗。而环境层包括虚拟人物、教育、旅游生态和国际传播。核心层应用场景技术层应用场景环境层应用场景催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司 ， 它们形成了生机勃勃和快速发展的元宇宙生态系统 。2021 年 newzoo.com 发 布 “元宇宙生态图 ”包括以下类别和主要参与者 :元宇宙生态图2021年6月创立的Roundhill Ball Metaverse Pacer Swan SOS Fund of Funds ETF|ETF专注于元宇宙产业。它推出了一个“波尔元宇宙指数”（Ball Metaverse Index），是全球第一个旨在追踪元宇宙产业表现的指数。该指数是在对全球积极参与元宇宙建设的上市公司进行“分层权重”（tiered weight）后生成的。这些元宇宙公司被分成以下7类：元宇宙生态分类根据以上7个类别，根据其潜力我们可以列出10家目前全球领先的元宇宙公司如下（由于元宇宙技术还在发展中，且市场并未完全清晰分割，因此对以下公司的分类并非完全互斥和稳定的）：1、Roblox：在线视频游戏平台，可能是当今最接近元宇宙的平台。拥有4320万日活跃用户，年龄从6岁到30岁，2021年第二季度的用户在线时间为97亿小时。时装品牌 Gucci甚至都在其上推出了新款秀活动。2、Unity Software：3D游戏设计软件公司，游戏设计师通过其图像渲染引擎可以设定玩家在游戏中的交流方式；世界前1000款手机游戏中有71%是使用Unity平台创建的；全球所有电子游戏中，超过50%（跨PC、移动和控制台设备）的都是用Unity软件创建的。3、Fastly：减少数据传输时间延迟的方案解决商。Fastly拥有一个边缘计算“基础设施即服务”(infrastructure-as-a-service)平台，可以在全球28个国家/地区内实现145TB/秒的数据传输速度，从而有助于减少因数据传输带来时间延迟。催生元宇宙到来的是在分布在广泛领域的众多极具创新性的公司。4、Autodesk：一个软件公司， 1980年代上市， 因AutoCAD软件而闻名，已经成为工业流水线、基础设施、交通工具、建筑业、工业设计软件的行业标准，用户包括工程师、建筑师、设计师和学生。5、英伟达：该公司多年来一直生产用于高端计算和人工智能的图形和视频处理芯片，而且已经被广泛运用在复杂计算所必须的服务器和中央计算机中。英伟达计划从软银集团手中收购 ARM Holdings。ARM 拥有众多专利和软件，均与芯片如何配置到计算机系统中有关。如果此收购成功，英伟达将有能力将其图形处理单元（GPU）和高端芯片直接嵌入到更多计算系统中，并提升计算能力。6、Meta：多领域布局，全球领先的元宇宙公司。7、Shopfiy：底层架构元宇宙商业模式。建成元宇宙的一个关键方面是：内容创作者都希望能有自己的商业模式，因此资产数字化、数字货币和内容变现方式在元宇宙中必不可少。Shopify推出一个新的 NFT 平台，可以让数字创作者直接向消费者出售自己的艺术作品或其他内容。NBA芝加哥公牛队首先测试了该功能—— 他们通过Shopify销售了NBA 1991 年总冠军戒指的限量版 NFT。8、微软：推出了一套新的元宇宙工具，使用户能够创建自己的AI化身，创建虚拟工作室和参与虚拟会议——例如，在虚拟会议中，与会者通过Microsoft Dynamics 365 Connected Spaces这款工具可以即时虚拟访问工厂车间或零售店，与工人或店员交谈，适用产品，感受环境，查找问题，增进理解。9、Matterport：Matterport 是一家软件和视频捕捉公司，它开发的软件能让用户拿着手机对实体建筑物一拍就能生成其“数字孪生”。10、Roundhill Ball Metaverse ETF：充分关注整个元宇宙领域的发展，从基础设施建设、界面开发到内容创作等无所不包，共涵盖50家上市公司，其中提供云解决方案、游戏平台和计算元件的公司占近 70%，包括英伟达、微软和中国游戏巨头腾讯。到2021年11月，该公司已经累积财富1亿美元，日均交易量达到25万股。2022元宇宙发展趋势一个新兴的领域 ， 在想象力上具有千差万别的可能 ， 而在现有技术 、 信息的透明度 上 ， 可能差异并不明显 ， 作为一个 2021 年的元宇宙元年即将过去 ，2022 年元宇宙又该如何 发展 ， 这属于一个摸着石头过河的问题 ， 尚没有人能给出明确的论断 ，但基于现有的条件与社会现象 ， 我们可以做出一些阶段性的思考与未来的可能发展方向 。从宏观层面来看 ， 元宇宙理念 、 技术 、硬件 、软件 、内容 、应用均会面临重构与再构。元宇宙变革元宇宙未来发展十大趋势示意图从微观来看，“政产学研用”各界均会有所行动。元宇宙微观趋势元宇宙的概念内涵和外延不清晰，众说纷纭，百人百议。苹果CEO库克在接受《时代》周刊杂志的采访时，被记者问到“你所说的就是所谓的元宇宙吗？”他回答说：不，我们只是叫它增强现实（AR）。有网友指出，“元宇宙这玩意，过去搞游戏和视频内容的叫AR/VR，搞工业软件仿真和设计的叫数字孪生，搞社交的叫虚拟社区，现在又加入一点区块链和数字艺术品后，被炒作成了一个谁也说不清的高大上的新词元宇宙，真有点扯淡……”元宇宙作为一个概念先行的事物，市场以及相关企业是布局元宇宙的重要力量，但过度对元宇宙进行捏造、吹嘘乃至于魔化，不免带偏元宇宙的发展方向，陷入万物皆可元宇宙的戏谑性资本的现实狂欢。要完全实现元宇宙可能需要等待数年的时间和数十亿美元的投入。Facebook在技术上投入了大量资金，例如Portal视频通话设备、Oculus头盔和Horizon虚拟现实平台。Facebook也拥有每天10亿人登录的巨大优势，如果扎克伯格选择提供元宇宙娱乐服务，他很难不成功。但扎克伯格也承认，现有的虚拟现实头盔“有点笨重”，离他所描述的元宇宙体现还距离很遥远。相对于社交媒体，元宇宙的技术提升仅仅是通过虚拟现实技术将主要的文字和音视频的互联网变成了用户可以全身心参与的“具身互联网”，但其商业模式并不会有根本的变化——从个人网页转变为“个人具身存在的家”，社交媒体平台变成“一个具身参与的公共空间”。因此，元宇宙仍然将涉及用户隐私这一“基本人权”问题。元宇宙被视作一种未来媒介，可以帮助人类打破既有的社会性实践疆界，这样的论断对技术的发展抱以乐观的想象，但是实际上，网络的电子边疆与领网主权同样值得关注，在看不见的元宇宙中，其空间的建构产品的生产必然是有着物理世界国族边疆的约束。从目前的发展上来看，国际企业与各大平台积极探索元宇宙产品，建立自身的元宇宙体系，微软、Meta、百度、腾讯等均开发出自己的元宇宙空间，每个空间都有自己独立的运营体系与规则内容，或者每个元宇宙对社交、游戏、商业等多领域的侧重点不同，人类又如何在众多的元宇宙空间中实现自由切换与无缝衔接，“开放世界”的理念其实仅仅是对用户层面开放，作为规则制定者的跨国企业之间实现完全的开放、互联互通，目前来讲，存在巨大挑战。目前对元宇宙技术将带来一种什么样的未来，还存在不同意见。例如，刘慈欣先生认为，“人类面前有两条路。一条是向外，通往星辰大海；一条向内，通往虚拟现实。”前一条道路就是“飞船派”，志在探索广袤的宇宙世界，另一条就“元宇宙派”。元宇宙是极具诱惑、高度致幻的“精神鸦片”。但是，另一种观点则则认为，元宇宙虽然也耗费资源，但开发外太空更耗资巨大且看不到未来，美苏太空计划就是先例。向内或向外并不矛盾，不必以向外来反对向内。人类需要物质资源，也需要学习、工作、沟通、娱乐和治疗等，而元宇宙都能在其中发挥作用。但无论对元宇宙持悲观还会乐观态度，如果它们都过于极端的话，其底色都是一种“技术决定论”，差别仅仅在于悲观者认为元宇宙会将人类带入异托邦，乐观者认为它会将人类带入乌托邦。这都是不够公允的态度。对包括元宇宙在内的技术我们都可以保持审慎乐观。2021年被称为元宇宙元年，元宇宙在技术层面的关键词是颠覆与变革，在社会层面的关键词则是创新与想象，也为反思人与媒介、人与技术之间的关系提供了契机。但是资本的介入也让元宇宙这一概念充满了炒作争议。对于这样的新事物，如何正确被认识还需要一定的发展时间。","news_type":1},"isVote":1,"tweetType":1,"viewCount":268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9052638201,"gmtCreate":1655166834803,"gmtModify":1676535573405,"author":{"id":"4104646697158940","authorId":"4104646697158940","name":"YK Lim","avatar":"https://community-static.tradeup.com/news/461a746573fd08d26edd4c30fa270ab0","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4104646697158940","authorIdStr":"4104646697158940"},"themes":[],"htmlText":"like that they picked Adobe.&nbsp;","listText":"like that they picked Adobe.&nbsp;","text":"like that they picked Adobe.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9052638201","repostId":"2243698500","repostType":2,"repost":{"id":"2243698500","kind":"highlight","pubTimestamp":1655146700,"share":"https://ttm.financial/m/news/2243698500?lang=&edition=fundamental","pubTime":"2022-06-14 02:58","market":"us","language":"en","title":"Chuck Akre’s ‘Three-Legged Stool’ Approach and His Top 10 Stock Picks","url":"https://stock-news.laohu8.com/highlight/detail?id=2243698500","media":"Insider Monkey","summary":"In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analys","content":"<html><body><p><span>In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analysis of Akre’s “three-legged stool” approach and go directly to </span><b>Chuck Akre’s Top 5 Stock Picks</b><span>.</span></p>\n<p><span>Charles T. “Chuck” Akre is a US-born money manager who founded Akre Capital Management in 1989 which, as of the first quarter of 2022, has $14.6 billion worth of assets under management. </span></p>\n<p><span>Akre was raised in Washington D.C. and graduated from Blair Academy. He originally planned to get into a medical school but later decided against it and switched to securities business in 1968. </span></p>\n<h3><b>Investment Philosophy of Chuck Akre</b></h3>\n<blockquote>\n<p><i><span>“People say the market is overvalued but if you only look at certain names, you will always find times when those names are undervalued. That’s what we’re waiting for.”</span></i></p>\n<p><em>Akre</em></p>\n</blockquote>\n<p><span>Akre describes himself as a value-oriented investor who bets on undervalued and strong companies. His fund’s stated goal is to compound their clients’ capital at an above average rate while incurring below average level of risk.</span></p>\n<p><span>At the core of his investment philosophy sits the observation that </span><span>the average stock market return in the U.S. for the last century is 10%. The figure roughly correlates with the rate of return on the owner’s capital and also with the growth in a typical company’s Book Value Per Share (BVPS).</span></p>\n<p><span>Akre and his team posit that their return on an asset would consequently be roughly equal to the return on owner’s capital given constant valuation and absent any distributions. This is where the three-legged stool approach comes in, a valuation metaphor used by Charles Akre to identify companies that bring above average returns on owner’s capital. </span></p>\n<h3><b>Three-Legged Stool Approach</b></h3>\n<p><span>Charles Akre’s three-legged stool metaphor is a reference to the milking stool he keeps in his office as a symbol of his investment style. He describes the metaphor as the essence of his investment philosophy and explains that the three legs represent the three metrics he looks for in a company, namely, excellent business models that bring good rates of return, talented management and reinvestment opportunities.</span></p>\n<p><span>He states that stocks that possess all three of these characteristics are “compounding machines” but are rare to find and should be bought at discount-prices relative to the cash flows generated by these companies. </span></p>\n<p><span>Akre believes that investors that look for these three fundamentals are as financially secure as a person sitting on a milking stool that is close to the ground so they won’t hurt themselves if the stool flipped over. </span></p>\n<h3><b>Akre Capital Management</b></h3>\n<p><span>Akre Capital Management is diversified mainly in services, technology, financial and conglomerate equity securities. The fund holds securities for a long duration in order to extract the benefits of compounding. </span></p>\n<p><span>Akre Capital Management discussed some of its top positions in companies like Mastercard Incorporated (NYSE:</span><span>MA</span><span>), <a href=\"https://laohu8.com/S/V\">Visa</a> Inc. (NYSE:</span><span>V</span><span>) and Moody’s Corporation (NYSE:</span><span>MCO</span><span>) in the fund’s Q4, 2021 investor letter. </span><span>Here</span><span> is what it said.</span></p>\n<blockquote>\n<p><span>“Each calendar year’s results become its own unit of record. The year 2021 was additive to our long-term record of compounding, for which we are grateful. But compounding does not, and cannot, happen over the course of a year or two or even five. Compounding requires decades. Our approach strives to match, as closely as we can, the durability of the Fund’s investments with the duration necessary for compounding to work. Accordingly, we are not frequent “lane changers” when it comes to investing. But, every year in the life of a mutual fund has its points of interest, and 2021 was no exception. From our perspective, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the interesting aspects of 2021 were “headwinds” presented by the share price movements of three of our top-five holdings. Specifically, as of December 31, 2020, the five largest positions in the Fund were Mastercard, Moody’s, American <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>, Visa, and CoStar Group. Combined, Mastercard, Visa, and CoStar Group represented 24.4% of net assets at the start of 2021, or nearly one quarter of the portfolio. In 2021, the net contribution from these three names to the Fund’s total return was negative 0.5%. Despite the share price performance of these three top holdings, the Fund’s resulting performance was, to us, a notable positive for the year.”</span></p>\n</blockquote>\n<p><span>The hedge fund returned 24.5% in 2021, 4 percentage points behind the total annual return of the S &amp; P 500 index for the same year.</span></p>\n<p><span>With that said, we now move to Chuck Akre’s top 10 stock picks. </span></p>\n<img and=\"\" approach=\"\" height=\"600\" his=\"\" picks=\"\" src=\"https://s1.yimg.com/uu/api/res/1.2/B6Es0RxpcXTKzNX.qrh4ng--/cT03NTthcHBpZD15dmlkZW9mZWVkczs-/https://media.zenfs.com/en/insidermonkey.com/0087c09d1c1190fabdb133a9ffbd59bd\" stock=\"\" stool=\"\" three-legged=\"\" top=\"\" width=\"473\"/> Charles Akre of Akre Capital Management \n<h3><b><i>Our Methodology</i></b></h3>\n<p><span>We’ve acquired the information from Akre Capital Management’s 13F portfolio as of the first quarter of 2022 to write about Chuck Akre’s top 10 stock picks.</span></p>\n<h3><b>10. CarMax, Inc. (NYSE:</b><b>KMX</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $708 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 4.82%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 27</i></b></p>\n<p><span>CarMax, Inc. (NYSE:KMX) is a US based, used-vehicle retailer with 225 business locations in the country as of 2021. Akre Capital Management is the leading stakeholder in the company with an equity worth $708 million as of the first quarter of 2022. It comes in at number 10 in Charles “Chuck” Akre’s top 10 stock picks.</span></p>\n<p><span>CarMax, Inc. (NYSE:KMX) beat consensus estimates on revenue in its quarterly filings of Q1, 2022, by $111 million with a revenue of $7.7 billion but missed the analysts’ EPS estimate of $1.28 by $0.30. </span></p>\n<p><span>On April 13, RBC Capital analyst Steven Shemesh lowered the price target on CarMax, Inc. (NYSE:KMX) to $104 from $140 and kept an ‘Outperform’ rating on the stock. The analyst said that the company's short-term outlook remains somewhat challenging as new car availability and other macroeconomic headwinds will inevitably put pressure on used-vehicles retail and pricings but added that CarMax, Inc. (NYSE:KMX) is likely to remain a “consistent share gainer\" in a highly fragmented sector. </span></p>\n<p><span>Akre Capital Management has a relatively smaller share in CarMax, Inc. (NYSE:KMX) compared to its stakes in Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).</span></p>\n<p><span>Fiduciary Management</span><span> published its “Large Cap Equity Fund” investor letter of the first quarter of 2022 and discussed CarMax, Inc. (NYSE:KMX) at length. </span><span>Here</span><span> is what it said: </span></p>\n<blockquote>\n<p><span>“CarMax, headquartered in Richmond, VA, is the largest and most profitable used car retailer in the U.S., selling a combined 1.596 million used vehicles annually through retail and wholesale channels across its 226 stores and omni-channel platform. The company has just 4% of a huge $750 billion market. It operates across two segments, CarMax Sales Operation and CarMax Auto Finance (CAF), together covering all aspects of auto merchandising, service, and financing. By segment, the profit is also split into CarMax Sales Operations (80%) and CAF (20%).</span><span>5</span><span> CarMax Sales Operation has three primary sources of revenue: Used (78% of sales and 63% of segment gross profit), Wholesale (19% of sales and 21% of segment gross profit), and Other (3% of sales and 16% of segment gross profit).</span></p>\n<h3><b>Good Business</b></h3>\n<p><span>The CarMax brand stands for providing a large selection of high-quality used vehicles at fair prices, and it has earned the trust of customers since beginning operations nearly 30 years ago.</span></p>\n<p><span>The company has demonstrated consistent growth and leading profitability in one of the largest retail markets in the world ($750 billion). Sales and earnings per share (EPS) have grown at +8% and +11% annually over the last decade, with return on equity averaging approximately 20%…” (</span><span>Click here to see the full text</span><span>)</span></p>\n</blockquote>\n<h3><b>9. <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Inc. (NASDAQ:</b><b>ADBE</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $714 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 4.86%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 93</i></b></p>\n<p><span>Adobe Inc. (NASDAQ:ADBE) is a software technology company based in the US. It is involved in the SaaS business, with its Photoshop software being the most popular across the world. </span></p>\n<p><span>Fisher Asset Management</span><span> holds the most shares in Adobe Inc. (NASDAQ:ADBE), with its stake valued at almost $3 billion as of the first quarter of 2022. Akre Capital Management, on the other hand, holds an equity of $714 million in the company. </span></p>\n<p><span>On June 10, Mizuho analyst, Gregg Moskowitz lowered the price target on Adobe Inc. (NASDAQ:ADBE) to $530 from $600 but kept a ‘Buy’ rating on the stock ahead of the software company's fiscal quarterly results on June 16. Moskowitz told investors in a research note that despite a higher level of macroeconomic uncertainty, Adobe channel checks \"were surprisingly somewhat better this quarter\". The analyst expects Adobe Inc. (NASDAQ:ADBE) to report \"solid upside\" to Street estimates and appreciates the stock's risk/reward at current share-levels. </span></p>\n<p><span>Polen Capital, an investment firm, published its “Polen Global Growth Fund” investor letter of Q1, 2022 and discussed Adobe’s capital compounding. </span><span>Here</span><span> is what they said:</span></p>\n<blockquote>\n<p><span>“Adobe is a prime example of the COVID-19 air pocket. Adobe continues to compound capital at high rates and exhibit increasing returns to scale. In the case of Adobe, reported growth appears to have decelerated significantly. However, when accounting for foreign exchange impacts and for their fiscal year 2021 having 53 weeks, the adjusted revenue growth was 17% year over year, which is fully in line with their typical growth rates. The 53rd week of the fiscal year 2021 added $267m to total revenue, creating an eight-percentage point difference in reported and adjusted revenue growth. We applaud management’s recent roll- out of Creative Cloud Express to tap into the non-professional market, as well as increasing price in 2022, which we expect to materialize in the back half of the year.”</span></p>\n</blockquote>\n<h3><b>8. Brookfield Asset Management Inc. (NYSE:</b><b>BAM</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $742.6 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 5%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 35</i></b></p>\n<p><span>Brookfield Asset Management Inc. (NYSE:BAM) is one of the largest alternative-investment-management corporations in the world, headquartered in Toronto, Canada. </span><span>Brookfield Asset Management Inc. (NYSE:BAM) took analysts by surprise in its Q1, 2022 securities filings with a revenue of $22.7 billion, above consensus by $4 billion. </span></p>\n<p><span>On May 20, RBC Capital analyst Geoffrey Kwan lowered the price target on Brookfield Asset Management Inc. (NYSE:BAM) to $68 from $72 and kept an ‘Outperform’ rating on the stock. </span></p>\n<p><span>Brookfield Asset Management Inc. (NYSE:BAM) has an annual dividend yield of 1.19% as of June 10 and is set to pay the second quarter dividends on June 30 at $0.14 per share. The company has been growing the dividend for 12 consecutive years and has a sustainable dividend payout ratio of 23%.</span></p>\n<p><span>Akre Capital Management is the second most bullish hedge fund on Brookfield Asset Management Inc. (NYSE:BAM) after </span><span>Viking Global</span><span>, which has a stake of $922 million in the company.</span></p>\n<p><span>Aristotle Capital Management</span><span> discussed Brookfield Asset Management Inc. (NYSE:BAM) in their “Global Equity Fund” investor letter of Q1, 2022. </span><span>Here</span><span> is what they said:  </span></p>\n<blockquote>\n<p><span>“Canada-based Brookfield Asset Management is one of the largest and most diversified private market investors in the world. With $690 billion in assets under management (AUM), Brookfield is an owner and operator of infrastructure (19% of fee-earning AUM), real estate (17%), renewable energy (15%), private equity (6%), public securities (4%) and, more recently, credit (39%) by acquiring a majority interest in Oaktree Capital Management. In addition to managing client assets, it invests capital from its own balance sheet alongside outside investors. And though Brookfield is a new purchase for our Global Equity portfolios, we have been owners of Brookfield in our International Equity portfolios for more than a decade.</span></p>\n<p><span>Brookfield has a differentiated investing approach from many by taking on the challenge of improving operations at the companies it owns, with less of an emphasis on altering capital structures. The investments Brookfield targets are ones they consider to be high-quality assets under the surface but have otherwise run into significant operational headwinds, such as poor management or tough industry dynamics. This can allow Brookfield to purchase assets at attractive valuations and subsequently work to improve them operationally.</span></p>\n<p><span>The foundation of Brookfield’s investing platform is traditional private drawdown funds from which it earns management and performance fees. In addition, Brookfield has partial ownership in four publicly traded investment vehicles from which it earns fees for managing the investments and pro-rata distributions of corporate profits.</span></p>\n<p><i><span>High-Quality Business</span></i></p>\n<p><span>Some of the quality characteristics we have identified for Brookfield include:</span></p>\n<ul>\n<li><span>Strong positioning from its scale and brand power, being either a leader in its respective asset classes (real estate, infrastructure, renewable energy, distressed credit) or nimble enough in more competitive markets to meaningfully expand (private equity);</span></li>\n<li><span>Skilled management with a long history of operating expertise, which we view as a competitive advantage in bidding for deals and generating superior investment returns; and</span></li>\n<li><span>Demonstrated, stable cash flows from long-term fee streams, as more than half of its capital is locked up for more than 10 years.</span></li>\n</ul>\n<p><i><span>Attractive Valuation</span></i></p>\n<p><span>Shares of Brookfield are priced at a discount relative to our estimates of intrinsic value. On a normalized basis, it is our view that earnings will be greater than what is currently assumed by the market.</span></p>\n<p><i><span>Compelling Catalysts</span></i></p>\n<p><span>Catalysts we have identified for Brookfield, which we believe will cause its stock price to appreciate over our three- to five- year investment horizon, include:</span></p>\n</blockquote>\n<ul>\n<li>\n<blockquote>\n<span>Owing to its quality assets and efficiently run structure, Brookfield is well-situated to take advantage of the continued institutional shift toward real assets;</span>\n</blockquote> </li>\n<li>\n<blockquote>\n<span>High demand for capital in renewable energy feeds into Brookfield’s competencies and market position. Very few competitors have both the scale and expertise to capitalize on this trend;</span>\n</blockquote> </li>\n<li>\n<blockquote>\n<span>Brookfield’s recognized leadership and experience investing in infrastructure can provide a strong competitive advantage to bid and operate assets that are increasingly sold by governments to pay down debt; and</span>\n</blockquote> </li>\n<li>\n<blockquote>\n<span>Improved penetration in retail channels, as Brookfield’s scale can provide a distinct advantage in this still largely untapped market for alternative managers.”</span>\n</blockquote> </li>\n</ul>\n<h3><b>7. Roper Technologies, Inc. (NYSE:</b><b>ROP</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $784 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 5.3%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 38</i></b></p>\n<p><span>Roper Technologies, Inc. (NYSE:ROP) is a diversified corporation serving customers in over 100 countries. It comes in at number 7 in Akre’s top 10 stock picks. The ROP conglomerate has four lines of business. These include industrial technology, scientific imaging, radio-frequency technology and energy systems. </span></p>\n<p><span>The stock currently has a consensus ‘Buy’ rating based on 7 analyst opinions at Wall Street. Roper Technologies, Inc. (NYSE:ROP) beat consensus estimates on revenue by $42 million in its Q1, 2022 results.</span></p>\n<p><span>On May 24, Barclays analyst Julian Mitchell lowered the price target on Roper Technologies, Inc. (NYSE:ROP) to $500 from $557 and kept an ‘Overweight’ rating on the stock. The analyst argued that risk/reward profiles are improving for the multi-sector industry. </span></p>\n<p><span>Roper Technologies, Inc. (NYSE:ROP) is a multi-sector company unlike some other stocks in Akre Capital Management portfolio like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).</span></p>\n<p><span>Baron Funds, an asset management firm, </span><span>discussed</span><span> Roper Technologies, Inc. (NYSE:ROP) in its Q1, 2022 investor letter titled, “Baron Asset Funds”. Here is what the letter said:</span></p>\n<blockquote>\n<p><span>“Outperformance of the Fund’s investments in Communication Services, Financials, and Industrials and lower exposure to the lagging Consumer Discretionary sector added the most value. Strength in Industrials was driven by diversified technology company Roper Technologies Inc. (NYSE:ROP). Roper’s stock held up better than the broader market after its fiscal year 2022 guidance exceeded Wall Street expectations.”</span></p>\n</blockquote>\n<h3><b>6. KKR &amp; Co. Inc. (NYSE:</b><b>KKR</b><b>)</b></h3>\n<p><b><i>Akre Capital Management’s Stake Value: $869 million</i></b></p>\n<p><b><i>Percentage of Akre Capital Management’s Portfolio: 5.9%</i></b></p>\n<p><b><i>Number of Total Hedge Fund Holders: 54</i></b></p>\n<p><span>KKR &amp; Co. Inc. (NYSE:KKR) is another alternative-investment-management company in Chuck Akre’s top 10 stock picks. </span></p>\n<p><span>On May 19, Deutsche Bank analyst Brian Bedell lowered the price target on KKR &amp; Co. Inc. (NYSE:KKR) to $79 from $81 and kept a ‘Buy’ rating on the stock. Bedell told investors in a research note that equity market decline has created fresh opportunities for buying asset management securities. He further added that stocks are pricing in a 55% chance of recession, making the risk/return for a 12-18 month holding period across most of the group \"very attractive.\"</span></p>\n<p><span>Like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO), KKR &amp; Co. Inc. (NYSE:KKR) is another finance stock in Akre Capital Management’s portfolio.</span></p>\n<p><span>Vulcan Value Partners</span><span> talked about KKR &amp; Co. Inc. (NYSE:KKR) in their Q1, 2022 investor letter. </span><span>Here</span><span> is what was said:</span></p>\n<blockquote>\n<p><span>“KKR &amp; Co. Inc. is a global investment firm that manages multiple alternative asset classes. The company’s operating profits grew approximately 45% during the fourth quarter of 2021 and roughly 55% for the year. In contrast, its stock price declined over 20% during the quarter. KKR generates robust free cash flow, and its value growth has been strong throughout the last year. It is unclear to us why KKR’s stock price has declined. However, we feel the company is positioned for long-term success and are pleased to own it with a discount to our estimate of its intrinsic value.”</span></p>\n</blockquote>   \n<p><strong>To see rest of the stocks in this list click to continue reading and see Chuck Akre's Top 5 Stock Picks.</strong></p>     \n<p> Suggested articles:</p>\n<ul>\n<li>Jim Simons' Portfolio in 2022: Top 10 Stock Picks</li>\n<li>Top 10 Stock Picks of Frank Fu's CaaS Capital</li>\n<li>Top 10 Stock Picks of Eli Cohen's Crescent Park Management</li>\n</ul> Disclosure: none. \n<strong>Chuck Akre's \"three-legged stool\" Approach and His Top 10 Stock Picks</strong> is originally published on Insider Monkey.</body></html>","source":"yahoofinance","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>Chuck Akre’s ‘Three-Legged Stool’ Approach and His Top 10 Stock Picks</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\">\nChuck Akre’s ‘Three-Legged Stool’ Approach and His Top 10 Stock Picks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-14 02:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chuck-akre-three-legged-stool-185820445.html><strong>Insider Monkey</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analysis of Akre’s “three-legged stool” approach and go directly to Chuck Akre’s Top 5 Stock Picks.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/chuck-akre-three-legged-stool-185820445.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://s.yimg.com/uu/api/res/1.2/jM6f2S7PTaZLrYiw4dzIdw--~B/aD02MDA7dz00NzM7YXBwaWQ9eXRhY2h5b24-/https://s.yimg.com/uu/api/res/1.2/1xa8YzVNvNc5kdTgnGglIg--~B/aD02MDA7dz00NzM7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/insidermonkey.com/0087c09d1c1190fabdb133a9ffbd59bd","relate_stocks":{"HCTI":"Healthcare Triangle, Inc.","BK4581":"高盛持仓","BK4135":"资产管理与托管银行","BK4183":"个人用品","BK4209":"餐馆","BK4112":"金融交易所和数据","BOLT":"Bolt Biotherapeutics, Inc.","ROP":"儒博实业","BK4548":"巴美列捷福持仓","KMX":"车美仕","CAF":"摩根史坦利中国A股指数基金","BAM":"布鲁克菲尔德资产管理","BK4528":"SaaS概念","BK4539":"次新股","BK4106":"数据处理与外包服务","BK4023":"应用软件","MA":"万事达","BK4554":"元宇宙及AR概念","BK4191":"家用电器","BK4567":"ESG概念","OLPX":"Olaplex Holdings, Inc.","BK4214":"汽车零售","BK4534":"瑞士信贷持仓","BK4139":"生物科技","BK4533":"AQR资本管理(全球第二大对冲基金)","ADBE":"Adobe","BK4007":"制药","BK4566":"资本集团","BK4206":"工业集团企业","BK4535":"淡马锡持仓","BK4167":"医疗保健技术","KKR":"KKR & Co L.P.","BK4527":"明星科技股","BK4559":"巴菲特持仓","CRCT":"Cricut, Inc.","V":"Visa","MCO":"穆迪","FWRG":"First Watch Restaurant Group, Inc.","TERN":"Terns Pharmaceuticals, Inc."},"source_url":"https://finance.yahoo.com/news/chuck-akre-three-legged-stool-185820445.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2243698500","content_text":"In this article, we take a look at Chuck Akre’s top 10 stock picks. You can skip our detailed analysis of Akre’s “three-legged stool” approach and go directly to Chuck Akre’s Top 5 Stock Picks.\nCharles T. “Chuck” Akre is a US-born money manager who founded Akre Capital Management in 1989 which, as of the first quarter of 2022, has $14.6 billion worth of assets under management. \nAkre was raised in Washington D.C. and graduated from Blair Academy. He originally planned to get into a medical school but later decided against it and switched to securities business in 1968. \nInvestment Philosophy of Chuck Akre\n\n“People say the market is overvalued but if you only look at certain names, you will always find times when those names are undervalued. That’s what we’re waiting for.”\nAkre\n\nAkre describes himself as a value-oriented investor who bets on undervalued and strong companies. His fund’s stated goal is to compound their clients’ capital at an above average rate while incurring below average level of risk.\nAt the core of his investment philosophy sits the observation that the average stock market return in the U.S. for the last century is 10%. The figure roughly correlates with the rate of return on the owner’s capital and also with the growth in a typical company’s Book Value Per Share (BVPS).\nAkre and his team posit that their return on an asset would consequently be roughly equal to the return on owner’s capital given constant valuation and absent any distributions. This is where the three-legged stool approach comes in, a valuation metaphor used by Charles Akre to identify companies that bring above average returns on owner’s capital. \nThree-Legged Stool Approach\nCharles Akre’s three-legged stool metaphor is a reference to the milking stool he keeps in his office as a symbol of his investment style. He describes the metaphor as the essence of his investment philosophy and explains that the three legs represent the three metrics he looks for in a company, namely, excellent business models that bring good rates of return, talented management and reinvestment opportunities.\nHe states that stocks that possess all three of these characteristics are “compounding machines” but are rare to find and should be bought at discount-prices relative to the cash flows generated by these companies. \nAkre believes that investors that look for these three fundamentals are as financially secure as a person sitting on a milking stool that is close to the ground so they won’t hurt themselves if the stool flipped over. \nAkre Capital Management\nAkre Capital Management is diversified mainly in services, technology, financial and conglomerate equity securities. The fund holds securities for a long duration in order to extract the benefits of compounding. \nAkre Capital Management discussed some of its top positions in companies like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO) in the fund’s Q4, 2021 investor letter. Here is what it said.\n\n“Each calendar year’s results become its own unit of record. The year 2021 was additive to our long-term record of compounding, for which we are grateful. But compounding does not, and cannot, happen over the course of a year or two or even five. Compounding requires decades. Our approach strives to match, as closely as we can, the durability of the Fund’s investments with the duration necessary for compounding to work. Accordingly, we are not frequent “lane changers” when it comes to investing. But, every year in the life of a mutual fund has its points of interest, and 2021 was no exception. From our perspective, one of the interesting aspects of 2021 were “headwinds” presented by the share price movements of three of our top-five holdings. Specifically, as of December 31, 2020, the five largest positions in the Fund were Mastercard, Moody’s, American Tower, Visa, and CoStar Group. Combined, Mastercard, Visa, and CoStar Group represented 24.4% of net assets at the start of 2021, or nearly one quarter of the portfolio. In 2021, the net contribution from these three names to the Fund’s total return was negative 0.5%. Despite the share price performance of these three top holdings, the Fund’s resulting performance was, to us, a notable positive for the year.”\n\nThe hedge fund returned 24.5% in 2021, 4 percentage points behind the total annual return of the S & P 500 index for the same year.\nWith that said, we now move to Chuck Akre’s top 10 stock picks. \n Charles Akre of Akre Capital Management \nOur Methodology\nWe’ve acquired the information from Akre Capital Management’s 13F portfolio as of the first quarter of 2022 to write about Chuck Akre’s top 10 stock picks.\n10. CarMax, Inc. (NYSE:KMX)\nAkre Capital Management’s Stake Value: $708 million\nPercentage of Akre Capital Management’s Portfolio: 4.82%\nNumber of Total Hedge Fund Holders: 27\nCarMax, Inc. (NYSE:KMX) is a US based, used-vehicle retailer with 225 business locations in the country as of 2021. Akre Capital Management is the leading stakeholder in the company with an equity worth $708 million as of the first quarter of 2022. It comes in at number 10 in Charles “Chuck” Akre’s top 10 stock picks.\nCarMax, Inc. (NYSE:KMX) beat consensus estimates on revenue in its quarterly filings of Q1, 2022, by $111 million with a revenue of $7.7 billion but missed the analysts’ EPS estimate of $1.28 by $0.30. \nOn April 13, RBC Capital analyst Steven Shemesh lowered the price target on CarMax, Inc. (NYSE:KMX) to $104 from $140 and kept an ‘Outperform’ rating on the stock. The analyst said that the company's short-term outlook remains somewhat challenging as new car availability and other macroeconomic headwinds will inevitably put pressure on used-vehicles retail and pricings but added that CarMax, Inc. (NYSE:KMX) is likely to remain a “consistent share gainer\" in a highly fragmented sector. \nAkre Capital Management has a relatively smaller share in CarMax, Inc. (NYSE:KMX) compared to its stakes in Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).\nFiduciary Management published its “Large Cap Equity Fund” investor letter of the first quarter of 2022 and discussed CarMax, Inc. (NYSE:KMX) at length. Here is what it said: \n\n“CarMax, headquartered in Richmond, VA, is the largest and most profitable used car retailer in the U.S., selling a combined 1.596 million used vehicles annually through retail and wholesale channels across its 226 stores and omni-channel platform. The company has just 4% of a huge $750 billion market. It operates across two segments, CarMax Sales Operation and CarMax Auto Finance (CAF), together covering all aspects of auto merchandising, service, and financing. By segment, the profit is also split into CarMax Sales Operations (80%) and CAF (20%).5 CarMax Sales Operation has three primary sources of revenue: Used (78% of sales and 63% of segment gross profit), Wholesale (19% of sales and 21% of segment gross profit), and Other (3% of sales and 16% of segment gross profit).\nGood Business\nThe CarMax brand stands for providing a large selection of high-quality used vehicles at fair prices, and it has earned the trust of customers since beginning operations nearly 30 years ago.\nThe company has demonstrated consistent growth and leading profitability in one of the largest retail markets in the world ($750 billion). Sales and earnings per share (EPS) have grown at +8% and +11% annually over the last decade, with return on equity averaging approximately 20%…” (Click here to see the full text)\n\n9. Adobe Inc. (NASDAQ:ADBE)\nAkre Capital Management’s Stake Value: $714 million\nPercentage of Akre Capital Management’s Portfolio: 4.86%\nNumber of Total Hedge Fund Holders: 93\nAdobe Inc. (NASDAQ:ADBE) is a software technology company based in the US. It is involved in the SaaS business, with its Photoshop software being the most popular across the world. \nFisher Asset Management holds the most shares in Adobe Inc. (NASDAQ:ADBE), with its stake valued at almost $3 billion as of the first quarter of 2022. Akre Capital Management, on the other hand, holds an equity of $714 million in the company. \nOn June 10, Mizuho analyst, Gregg Moskowitz lowered the price target on Adobe Inc. (NASDAQ:ADBE) to $530 from $600 but kept a ‘Buy’ rating on the stock ahead of the software company's fiscal quarterly results on June 16. Moskowitz told investors in a research note that despite a higher level of macroeconomic uncertainty, Adobe channel checks \"were surprisingly somewhat better this quarter\". The analyst expects Adobe Inc. (NASDAQ:ADBE) to report \"solid upside\" to Street estimates and appreciates the stock's risk/reward at current share-levels. \nPolen Capital, an investment firm, published its “Polen Global Growth Fund” investor letter of Q1, 2022 and discussed Adobe’s capital compounding. Here is what they said:\n\n“Adobe is a prime example of the COVID-19 air pocket. Adobe continues to compound capital at high rates and exhibit increasing returns to scale. In the case of Adobe, reported growth appears to have decelerated significantly. However, when accounting for foreign exchange impacts and for their fiscal year 2021 having 53 weeks, the adjusted revenue growth was 17% year over year, which is fully in line with their typical growth rates. The 53rd week of the fiscal year 2021 added $267m to total revenue, creating an eight-percentage point difference in reported and adjusted revenue growth. We applaud management’s recent roll- out of Creative Cloud Express to tap into the non-professional market, as well as increasing price in 2022, which we expect to materialize in the back half of the year.”\n\n8. Brookfield Asset Management Inc. (NYSE:BAM)\nAkre Capital Management’s Stake Value: $742.6 million\nPercentage of Akre Capital Management’s Portfolio: 5%\nNumber of Total Hedge Fund Holders: 35\nBrookfield Asset Management Inc. (NYSE:BAM) is one of the largest alternative-investment-management corporations in the world, headquartered in Toronto, Canada. Brookfield Asset Management Inc. (NYSE:BAM) took analysts by surprise in its Q1, 2022 securities filings with a revenue of $22.7 billion, above consensus by $4 billion. \nOn May 20, RBC Capital analyst Geoffrey Kwan lowered the price target on Brookfield Asset Management Inc. (NYSE:BAM) to $68 from $72 and kept an ‘Outperform’ rating on the stock. \nBrookfield Asset Management Inc. (NYSE:BAM) has an annual dividend yield of 1.19% as of June 10 and is set to pay the second quarter dividends on June 30 at $0.14 per share. The company has been growing the dividend for 12 consecutive years and has a sustainable dividend payout ratio of 23%.\nAkre Capital Management is the second most bullish hedge fund on Brookfield Asset Management Inc. (NYSE:BAM) after Viking Global, which has a stake of $922 million in the company.\nAristotle Capital Management discussed Brookfield Asset Management Inc. (NYSE:BAM) in their “Global Equity Fund” investor letter of Q1, 2022. Here is what they said:  \n\n“Canada-based Brookfield Asset Management is one of the largest and most diversified private market investors in the world. With $690 billion in assets under management (AUM), Brookfield is an owner and operator of infrastructure (19% of fee-earning AUM), real estate (17%), renewable energy (15%), private equity (6%), public securities (4%) and, more recently, credit (39%) by acquiring a majority interest in Oaktree Capital Management. In addition to managing client assets, it invests capital from its own balance sheet alongside outside investors. And though Brookfield is a new purchase for our Global Equity portfolios, we have been owners of Brookfield in our International Equity portfolios for more than a decade.\nBrookfield has a differentiated investing approach from many by taking on the challenge of improving operations at the companies it owns, with less of an emphasis on altering capital structures. The investments Brookfield targets are ones they consider to be high-quality assets under the surface but have otherwise run into significant operational headwinds, such as poor management or tough industry dynamics. This can allow Brookfield to purchase assets at attractive valuations and subsequently work to improve them operationally.\nThe foundation of Brookfield’s investing platform is traditional private drawdown funds from which it earns management and performance fees. In addition, Brookfield has partial ownership in four publicly traded investment vehicles from which it earns fees for managing the investments and pro-rata distributions of corporate profits.\nHigh-Quality Business\nSome of the quality characteristics we have identified for Brookfield include:\n\nStrong positioning from its scale and brand power, being either a leader in its respective asset classes (real estate, infrastructure, renewable energy, distressed credit) or nimble enough in more competitive markets to meaningfully expand (private equity);\nSkilled management with a long history of operating expertise, which we view as a competitive advantage in bidding for deals and generating superior investment returns; and\nDemonstrated, stable cash flows from long-term fee streams, as more than half of its capital is locked up for more than 10 years.\n\nAttractive Valuation\nShares of Brookfield are priced at a discount relative to our estimates of intrinsic value. On a normalized basis, it is our view that earnings will be greater than what is currently assumed by the market.\nCompelling Catalysts\nCatalysts we have identified for Brookfield, which we believe will cause its stock price to appreciate over our three- to five- year investment horizon, include:\n\n\n\n\nOwing to its quality assets and efficiently run structure, Brookfield is well-situated to take advantage of the continued institutional shift toward real assets;\n \n\n\nHigh demand for capital in renewable energy feeds into Brookfield’s competencies and market position. Very few competitors have both the scale and expertise to capitalize on this trend;\n \n\n\nBrookfield’s recognized leadership and experience investing in infrastructure can provide a strong competitive advantage to bid and operate assets that are increasingly sold by governments to pay down debt; and\n \n\n\nImproved penetration in retail channels, as Brookfield’s scale can provide a distinct advantage in this still largely untapped market for alternative managers.”\n \n\n7. Roper Technologies, Inc. (NYSE:ROP)\nAkre Capital Management’s Stake Value: $784 million\nPercentage of Akre Capital Management’s Portfolio: 5.3%\nNumber of Total Hedge Fund Holders: 38\nRoper Technologies, Inc. (NYSE:ROP) is a diversified corporation serving customers in over 100 countries. It comes in at number 7 in Akre’s top 10 stock picks. The ROP conglomerate has four lines of business. These include industrial technology, scientific imaging, radio-frequency technology and energy systems. \nThe stock currently has a consensus ‘Buy’ rating based on 7 analyst opinions at Wall Street. Roper Technologies, Inc. (NYSE:ROP) beat consensus estimates on revenue by $42 million in its Q1, 2022 results.\nOn May 24, Barclays analyst Julian Mitchell lowered the price target on Roper Technologies, Inc. (NYSE:ROP) to $500 from $557 and kept an ‘Overweight’ rating on the stock. The analyst argued that risk/reward profiles are improving for the multi-sector industry. \nRoper Technologies, Inc. (NYSE:ROP) is a multi-sector company unlike some other stocks in Akre Capital Management portfolio like Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO).\nBaron Funds, an asset management firm, discussed Roper Technologies, Inc. (NYSE:ROP) in its Q1, 2022 investor letter titled, “Baron Asset Funds”. Here is what the letter said:\n\n“Outperformance of the Fund’s investments in Communication Services, Financials, and Industrials and lower exposure to the lagging Consumer Discretionary sector added the most value. Strength in Industrials was driven by diversified technology company Roper Technologies Inc. (NYSE:ROP). Roper’s stock held up better than the broader market after its fiscal year 2022 guidance exceeded Wall Street expectations.”\n\n6. KKR & Co. Inc. (NYSE:KKR)\nAkre Capital Management’s Stake Value: $869 million\nPercentage of Akre Capital Management’s Portfolio: 5.9%\nNumber of Total Hedge Fund Holders: 54\nKKR & Co. Inc. (NYSE:KKR) is another alternative-investment-management company in Chuck Akre’s top 10 stock picks. \nOn May 19, Deutsche Bank analyst Brian Bedell lowered the price target on KKR & Co. Inc. (NYSE:KKR) to $79 from $81 and kept a ‘Buy’ rating on the stock. Bedell told investors in a research note that equity market decline has created fresh opportunities for buying asset management securities. He further added that stocks are pricing in a 55% chance of recession, making the risk/return for a 12-18 month holding period across most of the group \"very attractive.\"\nLike Mastercard Incorporated (NYSE:MA), Visa Inc. (NYSE:V) and Moody’s Corporation (NYSE:MCO), KKR & Co. Inc. (NYSE:KKR) is another finance stock in Akre Capital Management’s portfolio.\nVulcan Value Partners talked about KKR & Co. Inc. (NYSE:KKR) in their Q1, 2022 investor letter. Here is what was said:\n\n“KKR & Co. Inc. is a global investment firm that manages multiple alternative asset classes. The company’s operating profits grew approximately 45% during the fourth quarter of 2021 and roughly 55% for the year. In contrast, its stock price declined over 20% during the quarter. KKR generates robust free cash flow, and its value growth has been strong throughout the last year. It is unclear to us why KKR’s stock price has declined. However, we feel the company is positioned for long-term success and are pleased to own it with a discount to our estimate of its intrinsic value.”\n   \nTo see rest of the stocks in this list click to continue reading and see Chuck Akre's Top 5 Stock Picks.     \n Suggested articles:\n\nJim Simons' Portfolio in 2022: Top 10 Stock Picks\nTop 10 Stock Picks of Frank Fu's CaaS Capital\nTop 10 Stock Picks of Eli Cohen's Crescent Park Management\n Disclosure: none. \nChuck Akre's \"three-legged stool\" Approach and His Top 10 Stock Picks is originally published on Insider Monkey.","news_type":1},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}