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A H Lim

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2022-07-10

selamat hari raya

Reminder: SGX Market Will be Closed on July 11 for Hari Raya Haji

2022-08-02

thanks for the analysis

Alibaba: Be Greedy When Others Are Fearful

2022-07-18

yes

Earnings Season Including Tesla and Netflix Heats up Amid Renewed Recession Calls: What to Know This Week

2022-07-19

upload

Elon Musk Says He Has "Already" Uploaded His Brain To The Cloud

2022-07-13

ok

Dow Sinks 300 Points on the Back of June’s Hot Inflation Report

2022-07-11

okay

U.S. Stocks Slide to Start the Week As Wall Street Prepares for Earnings Season to Kick off

2022-08-03

ok

Meme Stock Traders Have a New Favorite: Hong Kong's AMTD Digital

2022-07-23

ok

What Is Going on With Alphabet Stock Friday?

2022-07-18

yes

Meta: A Bargain Despite The Challenges

2022-07-11

ok

Twitter Tumbled Over 6% in Morning Trading After Elon Musk Terminated $44 Billion Deal

2022-07-09

noooo

Why NVIDIA Stock Got Beat by the Market Today

2022-07-09

yes lets go

Nvidia: Time To Buy The King Of Data Centers

2022-07-21

no

Sorry, the original content has been removed

2022-07-15

okay

SPY: The Inflation Report From The Abyss

2022-05-20

650!

2022-07-21

okay

Sorry, the original content has been removed

2022-07-13

ok

U.S. Large-Cap Stocks Slid in Morning Trading, With Nvidia, Netflix, Amazon and Google Falling Over 2%

2022-07-21

okay

Sorry, the original content has been removed

Go to Tiger App to see more news

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This Analyst Explains Why.","htmlText":"<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> is a must-have stock for investors following the company’s second-quarter earnings beat, according to R5 Capital research analyst Scott Mushkin.“Amazon, in our opinion, once again proved how unique its business model is and why investors need to own the equity,” Mushkin wrote in a research note.The company’s competitive advantage lies in its distribution and logistics network, which is “not replicable,” Mushkin wrote. Customers are becoming increasingly reliant on Amazon’s same-day or next-day delivery services, making a Prime membership a “must-have, not a want-to-have,” he added. This has made price hikes to membership fees go down fairly well among consumers, as evidenced by Amazon’s second-quarter results.“We’re happy with the","listText":"<a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> is a must-have stock for investors following the company’s second-quarter earnings beat, according to R5 Capital research analyst Scott Mushkin.“Amazon, in our opinion, once again proved how unique its business model is and why investors need to own the equity,” Mushkin wrote in a research note.The company’s competitive advantage lies in its distribution and logistics network, which is “not replicable,” Mushkin wrote. Customers are becoming increasingly reliant on Amazon’s same-day or next-day delivery services, making a Prime membership a “must-have, not a want-to-have,” he added. This has made price hikes to membership fees go down fairly well among consumers, as evidenced by Amazon’s second-quarter results.“We’re happy with the","text":"$Amazon.com(AMZN)$ is a must-have stock for investors following the company’s second-quarter earnings beat, according to R5 Capital research analyst Scott Mushkin.“Amazon, in our opinion, once again proved how unique its business model is and why investors need to own the equity,” Mushkin wrote in a research note.The company’s competitive advantage lies in its distribution and logistics network, which is “not replicable,” Mushkin wrote. Customers are becoming increasingly reliant on Amazon’s same-day or next-day delivery services, making a Prime membership a “must-have, not a want-to-have,” he added. 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I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett&#39;s key maxims:</p><blockquote>Be greedy when others are fearful.</blockquote><p>Alibaba has grown at a 5-year CAGR of more than 42%, but the company&#39;s stock is trading at a PE of about x17. This indicates a clear undervaluation.</p><p>Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.</p><p>Personally, I see more than 50% upside for BABA stock, as I calculate the company&#39;s fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.</p><p><b>A Best-In-Class Company</b></p><p>Alibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).</p><p>Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world&#39;s biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.</p><p>Moreover, Alibaba is a dominant force in China&#39;s cloud market with about37% market share. China&#39;s cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party&#39;s5-year development plan.</p><p><b>Bullish Financials</b></p><p>In the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.</p><p>Alibaba&#39;sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company&#39;s market capitalization. Moreover, Alibaba&#39;s business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.</p><p>Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.</p><p><b>The Buying Opportunity</b></p><p>Despite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.</p><p><img src=\"https://static.tigerbbs.com/c01e6eab7204bcc90b5af9aa0d87ac85\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Alibaba is a quality company, and the stock&#39;s undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?</p><p>I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba&#39;s extremely depressed valuation - now the company&#39;s stock is trading at a PE of about x17- I argue an investment is justified.</p><p>Moreover, there are signs that all of Alibaba&#39;s headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.</p><p>In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.</p><p>Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.</p><p><img src=\"https://static.tigerbbs.com/8fa3c940aeeed4780c87b1ca71bdb180\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Residual Earnings Valuation</b></p><p>Let us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:</p><ul><li>To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal &#39;till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.</li><li>To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock&#39;s beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company&#39;s idiosyncratic market risk.</li><li>To derive Baidu&#39;s tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.</li><li>For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba&#39;s high-potential initiatives</li><li>I do not model any share buyback further supporting a conservative valuation.</li></ul><p>Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.</p><p><img src=\"https://static.tigerbbs.com/b7cb860aca7fa48ef2afe7e265d3effa\" tg-width=\"640\" tg-height=\"229\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author&#39;s Calculation</p><p>I understand that investors might have different assumptions with regards to Alibaba&#39;s required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!</p><p><img src=\"https://static.tigerbbs.com/62ba3323a1f09e75477921298d84cbf8\" tg-width=\"640\" tg-height=\"154\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author&#39;s Calculation</p><p><b>Investment Risks</b></p><p>Investors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:</p><p>First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba&#39;s short/mid-term business monetization accordingly.</p><p>Secondly, China&#39;s internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.</p><p>Third, much of BABA&#39;s share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company&#39;s business fundamentals remain unchanged.</p><p><b>Conclusion</b></p><p>Alibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba&#39;s sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.</p><p>Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.</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: Be Greedy When Others Are Fearful</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: Be Greedy When Others Are Fearful\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-02 23:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward ...</p>\n\n<a href=\"https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful\">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/4528176-alibaba-be-greedy-when-others-fearful","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188690484","content_text":"SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward levels.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model.ThesisI am very bullish on Alibaba (NYSE:BABA) stock. I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett's key maxims:Be greedy when others are fearful.Alibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17. This indicates a clear undervaluation.Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.A Best-In-Class CompanyAlibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world's biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.Moreover, Alibaba is a dominant force in China's cloud market with about37% market share. China's cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party's5-year development plan.Bullish FinancialsIn the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.Alibaba'sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company's market capitalization. Moreover, Alibaba's business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.The Buying OpportunityDespite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.Seeking AlphaAlibaba is a quality company, and the stock's undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba's extremely depressed valuation - now the company's stock is trading at a PE of about x17- I argue an investment is justified.Moreover, there are signs that all of Alibaba's headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.Seeking AlphaResidual Earnings ValuationLet us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal 'till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock's beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company's idiosyncratic market risk.To derive Baidu's tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba's high-potential initiativesI do not model any share buyback further supporting a conservative valuation.Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.Analyst Consensus EPS; Author's CalculationI understand that investors might have different assumptions with regards to Alibaba's required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!Analyst Consensus EPS; Author's CalculationInvestment RisksInvestors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba's short/mid-term business monetization accordingly.Secondly, China's internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.Third, much of BABA's share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company's business fundamentals remain unchanged.ConclusionAlibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba's sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909868072,"gmtCreate":1658848165596,"gmtModify":1676536217050,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909868072","repostId":"9900712805","repostType":1,"repost":{"id":9900712805,"gmtCreate":1658767225399,"gmtModify":1676536204027,"author":{"id":"4102740637684170","authorId":"4102740637684170","name":"OptionsDelta","avatar":"https://static.tigerbbs.com/b5ab2017d32f95a165639de659b21cd1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"4102740637684170","idStr":"4102740637684170"},"themes":[],"title":"Sell put is best idea for this week","htmlText":"This week's highlights: Wednesday: <a href=\"https://laohu8.com/S/MSFT\">$Microsoft(MSFT)$</a> <a href=\"https://laohu8.com/S/GOOG\">$Alphabet(GOOG)$</a> releases earnings Wednesday: FOMC meeting Thursday: <a href=\"https://laohu8.com/S/META\">$Meta Platforms, Inc.(META)$</a> releases earnings Thursday: Q2 GDP Friday: <a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a> <a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> releases earnings This week we have big earnings, FOMC and GDP. The last time we had such a big battle was at the end of April. : <a href=\"https://ttm.financial/TW/9060594021\" target=\"_blank\">GDP Is so Bad, When Will the Market Improve?</a> <a href=\"https://ttm.financial/TW/9066318855\" target=\"_blank\">When the elephant stops dancing, be careful!</a> There are plenty of p","listText":"This week's highlights: Wednesday: <a href=\"https://laohu8.com/S/MSFT\">$Microsoft(MSFT)$</a> <a href=\"https://laohu8.com/S/GOOG\">$Alphabet(GOOG)$</a> releases earnings Wednesday: FOMC meeting Thursday: <a href=\"https://laohu8.com/S/META\">$Meta Platforms, Inc.(META)$</a> releases earnings Thursday: Q2 GDP Friday: <a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a> <a href=\"https://laohu8.com/S/AMZN\">$Amazon.com(AMZN)$</a> releases earnings This week we have big earnings, FOMC and GDP. The last time we had such a big battle was at the end of April. : <a href=\"https://ttm.financial/TW/9060594021\" target=\"_blank\">GDP Is so Bad, When Will the Market Improve?</a> <a href=\"https://ttm.financial/TW/9066318855\" target=\"_blank\">When the elephant stops dancing, be careful!</a> There are plenty of p","text":"This week's highlights: Wednesday: $Microsoft(MSFT)$ $Alphabet(GOOG)$ releases earnings Wednesday: FOMC meeting Thursday: $Meta Platforms, Inc.(META)$ releases earnings Thursday: Q2 GDP Friday: $Apple(AAPL)$ $Amazon.com(AMZN)$ releases earnings This week we have big earnings, FOMC and GDP. The last time we had such a big battle was at the end of April. : GDP Is so Bad, When Will the Market Improve? When the elephant stops dancing, be careful! There are plenty of p","images":[{"img":"https://static.tigerbbs.com/1005e81448b2ec84a92bfcdbee6d7340","width":"-1","height":"-1"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900712805","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":344,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077732926,"gmtCreate":1658577257065,"gmtModify":1676536178624,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077732926","repostId":"2253210090","repostType":2,"repost":{"id":"2253210090","pubTimestamp":1658574078,"share":"https://ttm.financial/m/news/2253210090?lang=&edition=fundamental","pubTime":"2022-07-23 19:01","market":"us","language":"en","title":"Lightyear will be available to stream on Disney Plus in August","url":"https://stock-news.laohu8.com/highlight/detail?id=2253210090","media":"The Verge:","summary":"Lightyear will be available to stream on Disney Plus in August","content":"<div>\n<p>Lightyear will be available to stream on Disney Plus in August</p>\n\n<a href=\"https://t.co/N28sfIUXxH\">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>Lightyear will be available to stream on Disney Plus in August</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLightyear will be available to stream on Disney Plus in August\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-23 19:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://t.co/N28sfIUXxH><strong>The Verge:</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Lightyear will be available to stream on Disney Plus in August</p>\n\n<a href=\"https://t.co/N28sfIUXxH\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4561":"索罗斯持仓","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4581":"高盛持仓","BK4108":"电影和娱乐","BK4550":"红杉资本持仓","BK4524":"宅经济概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4551":"寇图资本持仓","DIS":"迪士尼"},"source_url":"https://t.co/N28sfIUXxH","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253210090","content_text":"Lightyear will be available to stream on Disney Plus in August","news_type":1},"isVote":1,"tweetType":1,"viewCount":464,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077732046,"gmtCreate":1658577245785,"gmtModify":1676536178624,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077732046","repostId":"2253658190","repostType":4,"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077177791,"gmtCreate":1658480516013,"gmtModify":1676536165826,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077177791","repostId":"1125043992","repostType":4,"repost":{"id":"1125043992","pubTimestamp":1658479968,"share":"https://ttm.financial/m/news/1125043992?lang=&edition=fundamental","pubTime":"2022-07-22 16:52","market":"us","language":"en","title":"Netflix: Signs of Stabilization Merit an Upgrade, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1125043992","media":"TipRanks","summary":"They say all good things must come to an end eventually, but luckily for Netflix (NFLX) all bad thin","content":"<div>\n<p>They say all good things must come to an end eventually, but luckily for Netflix (NFLX) all bad things don’t last forever too. After a period of sustained sub losses, the streaming giant managed to ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/netflix-signs-of-stabilization-merit-an-upgrade-says-analyst/\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix: Signs of Stabilization Merit an Upgrade, Says Analyst</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: Signs of Stabilization Merit an Upgrade, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-22 16:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/netflix-signs-of-stabilization-merit-an-upgrade-says-analyst/><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>They say all good things must come to an end eventually, but luckily for Netflix (NFLX) all bad things don’t last forever too. After a period of sustained sub losses, the streaming giant managed to ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/netflix-signs-of-stabilization-merit-an-upgrade-says-analyst/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.tipranks.com/news/article/netflix-signs-of-stabilization-merit-an-upgrade-says-analyst/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125043992","content_text":"They say all good things must come to an end eventually, but luckily for Netflix (NFLX) all bad things don’t last forever too. After a period of sustained sub losses, the streaming giant managed to steady the ship in Q2 and delivered a better-than-feared earnings report.Although global net paid subscribers fell by 1 million during the quarter, the figure bettered the 2 million losses Netflix and the Street had anticipated.Subs in EMEA fell by 0.8 million compared to -0.3 million in the previous quarter and +0.2 million in the same period last year, while UCAN shed -1.3 million subscribers, worsening on the -0.6 million sub losses of Q1 and -0.4 million of one year ago. However, these regional losses were somewhat countered by positive subscriber growth in APAC and LATAM.Reflecting the impact of price hikes earlier this year, churn was high in UCAN at the start of the quarter but got better as the period advanced and despite the subs decline, Netflix’s take of TV viewing stayed notably robust. According to Nielsen data, in June, the company notched a new high of 7.7% share of US TV viewing, a ~110bps year-over-year increase.Assessing the print, Stifel’s Scott Devitt thinks the performance signals a “new beginning.”“With signs of stabilization in the subscriber base emerging, we believe the prospect of a prolonged period of subscriber losses is becoming increasingly unlikely,” explained the analyst. “Investor focus can now appropriately shift to the viability of Netflix’s growth initiatives, including monetizing password sharing and the introduction of ad-supported tiers, both of which will be introduced next year.”Netflix will also need to address its difficulties with pricing in developing regions and improve monetization in relatively established markets in order to spur growth. With a tried-and-true management team and improving FCF dynamics, Devitt believes the company has a number of “increasingly defined levers” to address these problems. As management realigns the company for its upcoming phase of growth over a multi-year timeframe, the analyst sees “numerous potential catalysts.”Based on the above, Devitt thinks an upgrade is warranted; therefore, the rating moves from Hold (i.e., Neutral) to Buy, and the price target gets a bump too – shifting from $240 to $250. What’s in it for investors? Upside of 12% from current levels.Most on the Street aren’t quite ready to make such a change; 19 Holds outgun 7 Buys and 6 Sells and result in a Hold consensus rating. Going by the $229.3 average target, shares are expected to stay rangebound for the foreseeable future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074454696,"gmtCreate":1658398748115,"gmtModify":1676536152940,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074454696","repostId":"1170917468","repostType":4,"repost":{"id":"1170917468","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1658390568,"share":"https://ttm.financial/m/news/1170917468?lang=&edition=fundamental","pubTime":"2022-07-21 16:02","market":"us","language":"en","title":"United Airlines Shares Tumbled 6.6% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1170917468","media":"Tiger Newspress","summary":"United Airlines shares tumbled 6.6% in premarket trading after the carrier reported earnings that fe","content":"<html><head></head><body><p>United Airlines shares tumbled 6.6% in premarket trading after the carrier reported earnings that fell short of Wall Street’s expectations and cuts 2023 growth plans.</p><p><img src=\"https://static.tigerbbs.com/6274434fa769b3039b13ee4d2a7800d8\" tg-width=\"856\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>United Airlines Holdings Inc. is limiting flying for the rest of this year and curtailing growth plans in 2023 to try to get a handle on flight disruptions that have roiled the industry, even as it continues to expect profits amid robust travel demand.</p><p>The carrier revealed the latest capacity outlook Wednesday as it reported earnings that fell short of Wall Street’s expectations. That dragged down shares across the industry and tarnished results from United’s first profitable quarter in more than two years.</p><p>Flight delays and cancellations have battered the US industry this year as consumers starved for travel during the pandemic have forked over higher fares and crammed onto aircraft. The disruptions, fueled in part by labor shortages and air traffic control issues, have boosted costs as carriers seek to recover from two years of losses. Now concerns are rising that inflation could quash demand.</p><p>“Industrywide operational challenges that limit the system’s capacity, record fuel prices and the increasing possibility of a global recession are each real challenges,” Chief Executive Officer Scott Kirby said in a statement. “These fundamental challenges have already led to higher costs, higher fuel prices, but also higher revenue.”</p><p>Flying capacity this year will be 13% below pre-pandemic levels, the Chicago-based carrier said in a regulatory filing. Capacity in 2023 will be no more than 8% higher than 2019, far short of the 20% jump United had previously planned. The reductions won’t change the airline’s expectations for continued profit -- including for the full year -- as it sees solid pricing and even stronger demand extending into this quarter.</p><p>United’s adjusted profit was $1.43 a share, ending a string of nine consecutive quarterly losses but still falling short of the $1.88 average of analysts’ estimates compiled by Bloomberg. The difference largely was caused by jet fuel prices that surged after the Russian - Ukraine war in February. Record revenue of $12.1 billion narrowly topped expectations.</p><p>Non-fuel costs for each seat flown a mile rose 17% above 2019 levels in the second quarter, and will rise as much as 17% again this quarter. The measure is a gauge of operating efficiency for carriers. Revenue on a seat-mile basis rose 24% from three years ago, and United sees about the same improvement in the third quarter.</p><p>“While the company anticipates the economy will slow in the near to medium term, the continuing pandemic recovery is more than offsetting economic headwinds -- leading to expected revenue and earnings acceleration in the third quarter,” United said in the statement.</p><p>A group of 11 US carriers should report record quarterly revenue of $53.3 billion and combined pretax income of $4.2 billion for the three months ended June 30, according to Deutsche Bank analyst Michael Linenberg.</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>United Airlines Shares Tumbled 6.6% in Premarket Trading </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUnited Airlines Shares Tumbled 6.6% in Premarket Trading \n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-21 16:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>United Airlines shares tumbled 6.6% in premarket trading after the carrier reported earnings that fell short of Wall Street’s expectations and cuts 2023 growth plans.</p><p><img src=\"https://static.tigerbbs.com/6274434fa769b3039b13ee4d2a7800d8\" tg-width=\"856\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>United Airlines Holdings Inc. is limiting flying for the rest of this year and curtailing growth plans in 2023 to try to get a handle on flight disruptions that have roiled the industry, even as it continues to expect profits amid robust travel demand.</p><p>The carrier revealed the latest capacity outlook Wednesday as it reported earnings that fell short of Wall Street’s expectations. That dragged down shares across the industry and tarnished results from United’s first profitable quarter in more than two years.</p><p>Flight delays and cancellations have battered the US industry this year as consumers starved for travel during the pandemic have forked over higher fares and crammed onto aircraft. The disruptions, fueled in part by labor shortages and air traffic control issues, have boosted costs as carriers seek to recover from two years of losses. Now concerns are rising that inflation could quash demand.</p><p>“Industrywide operational challenges that limit the system’s capacity, record fuel prices and the increasing possibility of a global recession are each real challenges,” Chief Executive Officer Scott Kirby said in a statement. “These fundamental challenges have already led to higher costs, higher fuel prices, but also higher revenue.”</p><p>Flying capacity this year will be 13% below pre-pandemic levels, the Chicago-based carrier said in a regulatory filing. Capacity in 2023 will be no more than 8% higher than 2019, far short of the 20% jump United had previously planned. The reductions won’t change the airline’s expectations for continued profit -- including for the full year -- as it sees solid pricing and even stronger demand extending into this quarter.</p><p>United’s adjusted profit was $1.43 a share, ending a string of nine consecutive quarterly losses but still falling short of the $1.88 average of analysts’ estimates compiled by Bloomberg. The difference largely was caused by jet fuel prices that surged after the Russian - Ukraine war in February. Record revenue of $12.1 billion narrowly topped expectations.</p><p>Non-fuel costs for each seat flown a mile rose 17% above 2019 levels in the second quarter, and will rise as much as 17% again this quarter. The measure is a gauge of operating efficiency for carriers. Revenue on a seat-mile basis rose 24% from three years ago, and United sees about the same improvement in the third quarter.</p><p>“While the company anticipates the economy will slow in the near to medium term, the continuing pandemic recovery is more than offsetting economic headwinds -- leading to expected revenue and earnings acceleration in the third quarter,” United said in the statement.</p><p>A group of 11 US carriers should report record quarterly revenue of $53.3 billion and combined pretax income of $4.2 billion for the three months ended June 30, according to Deutsche Bank analyst Michael Linenberg.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAL":"联合大陆航空"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170917468","content_text":"United Airlines shares tumbled 6.6% in premarket trading after the carrier reported earnings that fell short of Wall Street’s expectations and cuts 2023 growth plans.United Airlines Holdings Inc. is limiting flying for the rest of this year and curtailing growth plans in 2023 to try to get a handle on flight disruptions that have roiled the industry, even as it continues to expect profits amid robust travel demand.The carrier revealed the latest capacity outlook Wednesday as it reported earnings that fell short of Wall Street’s expectations. That dragged down shares across the industry and tarnished results from United’s first profitable quarter in more than two years.Flight delays and cancellations have battered the US industry this year as consumers starved for travel during the pandemic have forked over higher fares and crammed onto aircraft. The disruptions, fueled in part by labor shortages and air traffic control issues, have boosted costs as carriers seek to recover from two years of losses. Now concerns are rising that inflation could quash demand.“Industrywide operational challenges that limit the system’s capacity, record fuel prices and the increasing possibility of a global recession are each real challenges,” Chief Executive Officer Scott Kirby said in a statement. “These fundamental challenges have already led to higher costs, higher fuel prices, but also higher revenue.”Flying capacity this year will be 13% below pre-pandemic levels, the Chicago-based carrier said in a regulatory filing. Capacity in 2023 will be no more than 8% higher than 2019, far short of the 20% jump United had previously planned. The reductions won’t change the airline’s expectations for continued profit -- including for the full year -- as it sees solid pricing and even stronger demand extending into this quarter.United’s adjusted profit was $1.43 a share, ending a string of nine consecutive quarterly losses but still falling short of the $1.88 average of analysts’ estimates compiled by Bloomberg. The difference largely was caused by jet fuel prices that surged after the Russian - Ukraine war in February. Record revenue of $12.1 billion narrowly topped expectations.Non-fuel costs for each seat flown a mile rose 17% above 2019 levels in the second quarter, and will rise as much as 17% again this quarter. The measure is a gauge of operating efficiency for carriers. Revenue on a seat-mile basis rose 24% from three years ago, and United sees about the same improvement in the third quarter.“While the company anticipates the economy will slow in the near to medium term, the continuing pandemic recovery is more than offsetting economic headwinds -- leading to expected revenue and earnings acceleration in the third quarter,” United said in the statement.A group of 11 US carriers should report record quarterly revenue of $53.3 billion and combined pretax income of $4.2 billion for the three months ended June 30, according to Deutsche Bank analyst Michael Linenberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074454181,"gmtCreate":1658398703843,"gmtModify":1676536152933,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"no","listText":"no","text":"no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074454181","repostId":"2252580027","repostType":4,"repost":{"id":"2252580027","pubTimestamp":1658389536,"share":"https://ttm.financial/m/news/2252580027?lang=&edition=fundamental","pubTime":"2022-07-21 15:45","market":"us","language":"en","title":"Should Investors Wait for the Stock Split to Buy Tesla?","url":"https://stock-news.laohu8.com/highlight/detail?id=2252580027","media":"Motley Fool","summary":"Will Tesla's potential stock split spark a rebound in the company's stock price?","content":"<html><head></head><body><p>Electric vehicle (EV) king, <b>Tesla</b>, will ask shareholders to approve a 3-for-1 stock split at its Annual Meeting of Stockholders on Aug. 4. With Tesla stock down nearly 40% year to date, the split may be a tactic to try and attract new retail investors and potentially boost its share price. When stock splits transpire, the number of outstanding shares increases, and the price per share decreases.</p><p>This occurs proportionately so that the actual market value of the company remains unchanged. So, while it&#39;s possible that a stock split could lure a new wave of individual investors who otherwise wouldn&#39;t pay a higher price, nothing changes about the company, fundamentally speaking. For this reason, investors shouldn&#39;t be concerned about Tesla&#39;s potential stock split; rather, they should focus on how the underlying business is currently performing.</p><p>Let&#39;s dive into the company&#39;s current situation and decide whether or not it&#39;s a sound investment opportunity right now.</p><h2>How&#39;s Tesla&#39;s business performing?</h2><p>Tesla has posted its second-quarter earnings report after market close today, and the company provided investors with a sneak peek of production and deliveries in a July 2 press release. In Q2, the EV leader&#39;s production and vehicle deliveries dropped 15.3% and 17.9% quarter over quarter, respectively, down to 258,580 and 254,695. The slowdown from a quarter ago was due to a COVID-related shutdown in its Shanghai factory and supply chain restraints out of the company&#39;s control. When it&#39;s all said and done, however, both production and deliveries still expanded 25.3% and 26.5% on a year-over-year basis, indicating a resilient performance amid a challenging macro environment.</p><p>In its first quarter of 2022, the EV juggernaut&#39;s total revenues rocketed 81% year over year, up to $18.8 billion, and its adjusted earnings per share climbed 246% to $3.22. Its gross margin and operating margin both expanded 779 and 1,349 basis points to finish at 29.1% and 19.2%, respectively. What&#39;s more, the company currently has $17.5 billion in cash and cash equivalents and generated $2.2 billion in free cash flow (FCF) in Q1, equal to a staggering 660% increase year over year.</p><p>Short-term headwinds may halt growth for the time being, but Tesla is well resourced to continue its rapid expansion over the long run. Plus, Wall Street analysts forecast the company&#39;s top line to grow 58% to $84.9 billion in fiscal 2022, and its adjusted earnings per share to rise 75% to $11.78. Those are striking growth rates for a company facing a series of obstacles. Moreover, its sturdy balance sheet and cash-flow generation add another layer of security to its investment profile.</p><h2>Should investors pounce on Tesla stock right now?</h2><p>In my opinion, Tesla remains a surefire long-term play. Of course, short-term headwinds could drag its stock price further in the coming trading sessions, but prudent investors shouldn&#39;t be concerned about that. The company is a clear leader in an industry that is expected to register a compound annual growth rate (CAGR) of 24.5% through 2030, up to $957 billion, according to Market Research Future. That long runway for growth, a stable balance sheet, robust cash-flow generation, and shrinking valuation make Tesla a top investment opportunity right now. Lastly, the impending stock split shouldn&#39;t be a factor for long-term investors.</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>Should Investors Wait for the Stock Split to Buy 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\">\nShould Investors Wait for the Stock Split to Buy Tesla?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 15:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/20/should-investors-wait-for-the-stock-split-to-buy-t/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Electric vehicle (EV) king, Tesla, will ask shareholders to approve a 3-for-1 stock split at its Annual Meeting of Stockholders on Aug. 4. With Tesla stock down nearly 40% year to date, the split may ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/20/should-investors-wait-for-the-stock-split-to-buy-t/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/07/20/should-investors-wait-for-the-stock-split-to-buy-t/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2252580027","content_text":"Electric vehicle (EV) king, Tesla, will ask shareholders to approve a 3-for-1 stock split at its Annual Meeting of Stockholders on Aug. 4. With Tesla stock down nearly 40% year to date, the split may be a tactic to try and attract new retail investors and potentially boost its share price. When stock splits transpire, the number of outstanding shares increases, and the price per share decreases.This occurs proportionately so that the actual market value of the company remains unchanged. So, while it's possible that a stock split could lure a new wave of individual investors who otherwise wouldn't pay a higher price, nothing changes about the company, fundamentally speaking. For this reason, investors shouldn't be concerned about Tesla's potential stock split; rather, they should focus on how the underlying business is currently performing.Let's dive into the company's current situation and decide whether or not it's a sound investment opportunity right now.How's Tesla's business performing?Tesla has posted its second-quarter earnings report after market close today, and the company provided investors with a sneak peek of production and deliveries in a July 2 press release. In Q2, the EV leader's production and vehicle deliveries dropped 15.3% and 17.9% quarter over quarter, respectively, down to 258,580 and 254,695. The slowdown from a quarter ago was due to a COVID-related shutdown in its Shanghai factory and supply chain restraints out of the company's control. When it's all said and done, however, both production and deliveries still expanded 25.3% and 26.5% on a year-over-year basis, indicating a resilient performance amid a challenging macro environment.In its first quarter of 2022, the EV juggernaut's total revenues rocketed 81% year over year, up to $18.8 billion, and its adjusted earnings per share climbed 246% to $3.22. Its gross margin and operating margin both expanded 779 and 1,349 basis points to finish at 29.1% and 19.2%, respectively. What's more, the company currently has $17.5 billion in cash and cash equivalents and generated $2.2 billion in free cash flow (FCF) in Q1, equal to a staggering 660% increase year over year.Short-term headwinds may halt growth for the time being, but Tesla is well resourced to continue its rapid expansion over the long run. Plus, Wall Street analysts forecast the company's top line to grow 58% to $84.9 billion in fiscal 2022, and its adjusted earnings per share to rise 75% to $11.78. Those are striking growth rates for a company facing a series of obstacles. Moreover, its sturdy balance sheet and cash-flow generation add another layer of security to its investment profile.Should investors pounce on Tesla stock right now?In my opinion, Tesla remains a surefire long-term play. Of course, short-term headwinds could drag its stock price further in the coming trading sessions, but prudent investors shouldn't be concerned about that. The company is a clear leader in an industry that is expected to register a compound annual growth rate (CAGR) of 24.5% through 2030, up to $957 billion, according to Market Research Future. That long runway for growth, a stable balance sheet, robust cash-flow generation, and shrinking valuation make Tesla a top investment opportunity right now. Lastly, the impending stock split shouldn't be a factor for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4113904591642392","idStr":"4113904591642392"},"content":"Thx for leaving a comment in my post, pls help to like my other posts🤗I can’t follow more people as my app keeps crashing.If u follow me,I can check your posts on a regularly & help to like them too","text":"Thx for leaving a comment in my post, pls help to like my other posts🤗I can’t follow more people as my app keeps crashing.If u follow me,I can check your posts on a regularly & help to like them too","html":"Thx for leaving a comment in my post, pls help to like my other posts🤗I can’t follow more people as my app keeps crashing.If u follow me,I can check your posts on a regularly & help to like them too"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074454978,"gmtCreate":1658398661194,"gmtModify":1676536152930,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074454978","repostId":"1173425269","repostType":4,"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074454053,"gmtCreate":1658398645772,"gmtModify":1676536152926,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074454053","repostId":"1146295813","repostType":4,"repost":{"id":"1146295813","pubTimestamp":1658392887,"share":"https://ttm.financial/m/news/1146295813?lang=&edition=fundamental","pubTime":"2022-07-21 16:41","market":"us","language":"en","title":"Cathie Wood’s Ark Funds Offload Komatsu Shares Before Earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=1146295813","media":"Bloomberg","summary":"Ark has sold 536,000 Komatsu ADRs and 213,300 shares this weekKomatsu will announce its first-quarte","content":"<html><head></head><body><ul><li>Ark has sold 536,000 Komatsu ADRs and 213,300 shares this week</li><li>Komatsu will announce its first-quarter results on July 29</li></ul><p>Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this week ahead of the Japanese machinery maker’s earnings report.</p><p>The Ark Autonomous Technology &amp; Robotics ETF offloaded a total of 536,000 American depositary receipts in Komatsu over the three days through Wednesday, while the Ark Space Exploration &amp; Innovation ETF sold 213,300 Tokyo-listed shares of the company, according to data from Wood’s firm compiled by Bloomberg.</p><p>The selling puts Ark on track for its biggest month-on-month sale of Komatsu ADRs in a year and a record monthly drop in its holdings of the Japanese stock.</p><p><img src=\"https://static.tigerbbs.com/caefce6c3eb1fb30b1f8582fae1517f5\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>Komatsu shares have fallen 16% from a four-year high in June, as tailwinds from the surge in commodity prices earlier this year have died down. The Caterpillar Inc. peer will announce its first-quarter results on July 29.</p><p>Ark Investment Management LLC has lost almost half of its assets under management since December, and its flagship Ark Innovation ETF has plunged nearly 50% in 2022 amid concerns that global monetary tightening will cap growth stock valuations and tip the economy into a recession. Wood is now closing one of her exchange-traded funds for thefirst timeever.</p><p>Wood’s firm held more than 2.7 million depositary receipts and more than 800,000 Tokyo-listed shares of Komatsu as of end-June, according to Bloomberg-compiled data.</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>Cathie Wood’s Ark Funds Offload Komatsu Shares Before Earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood’s Ark Funds Offload Komatsu Shares Before Earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-07-21/cathie-wood-s-ark-funds-offload-komatsu-shares-before-earnings?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark has sold 536,000 Komatsu ADRs and 213,300 shares this weekKomatsu will announce its first-quarter results on July 29Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-07-21/cathie-wood-s-ark-funds-offload-komatsu-shares-before-earnings?srnd=premium\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KMTUF":"Komatsu Ltd.","ARKK":"ARK Innovation ETF","KMTUY":"Komatsu Ltd."},"source_url":"https://www.bloomberg.com/news/articles/2022-07-21/cathie-wood-s-ark-funds-offload-komatsu-shares-before-earnings?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146295813","content_text":"Ark has sold 536,000 Komatsu ADRs and 213,300 shares this weekKomatsu will announce its first-quarter results on July 29Funds controlled by Cathie Wood have been selling shares of Komatsu Ltd. this week ahead of the Japanese machinery maker’s earnings report.The Ark Autonomous Technology & Robotics ETF offloaded a total of 536,000 American depositary receipts in Komatsu over the three days through Wednesday, while the Ark Space Exploration & Innovation ETF sold 213,300 Tokyo-listed shares of the company, according to data from Wood’s firm compiled by Bloomberg.The selling puts Ark on track for its biggest month-on-month sale of Komatsu ADRs in a year and a record monthly drop in its holdings of the Japanese stock.Komatsu shares have fallen 16% from a four-year high in June, as tailwinds from the surge in commodity prices earlier this year have died down. The Caterpillar Inc. peer will announce its first-quarter results on July 29.Ark Investment Management LLC has lost almost half of its assets under management since December, and its flagship Ark Innovation ETF has plunged nearly 50% in 2022 amid concerns that global monetary tightening will cap growth stock valuations and tip the economy into a recession. Wood is now closing one of her exchange-traded funds for thefirst timeever.Wood’s firm held more than 2.7 million depositary receipts and more than 800,000 Tokyo-listed shares of Komatsu as of end-June, according to Bloomberg-compiled data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074455240,"gmtCreate":1658398580580,"gmtModify":1676536152918,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074455240","repostId":"2253743053","repostType":2,"repost":{"id":"2253743053","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":1658397240,"share":"https://ttm.financial/m/news/2253743053?lang=&edition=fundamental","pubTime":"2022-07-21 17:54","market":"hk","language":"en","title":"Market Talk Roundup: Italian Assets, Euro Fall as Draghi Resigns","url":"https://stock-news.laohu8.com/highlight/detail?id=2253743053","media":"Dow Jones","summary":"Italian stocks, bonds and the euro fall after Prime Minister Mario Draghi resigned after three large","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Italian stocks, bonds and the euro fall after Prime Minister Mario Draghi resigned after three large parties failed to back him in a confidence vote, ending a period of political stability and likely heralding snap elections. With Italian bond yields rising, the political uncertainty complicates the European Central Bank's plans for an anti-fragmentation tool. The following is a selection of comments from analysts and asset managers. \n</p>\n<pre>\n \n</pre>\n<p>\n  Euro Turns Lower Vs Dollar After Italian PM Resigns \n</p>\n<pre>\n \n</pre>\n<p>\n  0943 GMT - The euro turns weaker versus the dollar after Italian Prime Minister Mario Draghi confirmed his resignation, paving the way for snap elections. Spreads between Italian and German bond yields widen, weighing on the euro, while the dollar is supported by safe haven flows after the news. Draghi's departure, which comes after three key parties failed to back him in a confidence vote, is expected to lead to early elections that could take place as early as late September. \"An early election in Italy could be negative for the euro in that it would increase instability in the bloc's third-largest economy,\" BDSwiss Group analyst Marshall Gittler writes.EUR/USD falls 0.1% to 1.0170. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italian Stocks Slide on Political Uncertainty \n</p>\n<pre>\n \n</pre>\n<p>\n  0903 GMT - Italian stocks fall sharply as Prime Minister Mario Draghi resigns, ending a period of political stability and likely heralding snap elections. Italy's FTSE MIB index falls 2.4% to 20839.98, easily underperforming the Stoxx Europe 600 index, which falls 0.3%. The FTSE MIB in Italy is trading sharply lower as the political crisis weighs, Victoria Scholar, head of investment at Interactive Investor, says in a note. Draghi won a confidence vote in the Senate, but only with mass abstentions. Financial stocks are the biggest losers, with Poste Italiane and Banco BPM down 7.2% and BPER Banca losing 5.6%. Telecom Italia slides 5.9% and aerospace company Leonardo loses 5%. (jessica.fleetham@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Collapse of Italian Government Likely to Lead to Snap Elections \n</p>\n<pre>\n \n</pre>\n<p>\n  0817 GMT - Given the poor relations among former coalition partners in the Italian cabinet, there seems to be no room left for another attempt to form a national unity government, ING's senior economist for Italy Paolo Pizzoli says in a note. President Sergio Mattarella will then have little alternative but to dissolve parliament and call snap elections, he says. As PM Mario Draghi wasn't voted down in parliament, he will likely be called to run the government for ordinary affairs until the elections, Pizzoli says. In the short-term, the parties which decided to pull the plug will have a hard time explaining to their electorate why such a decision was made at such a difficult economic and geopolitical moment, he says. (maria.martinez@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italian Politics Complicates ECB's Anti-Fragmentation Tool \n</p>\n<pre>\n \n</pre>\n<p>\n  0751 GMT - The outcome of Italian political developments might add further confusion to the European Central Bank's anti-fragmentation tool that is clearly not aimed at reducing political risk, Annalisa Piazza, fixed-income research analyst at MFS Investment Management writes in a note. \"In the meanwhile, the ECB will be in a very uncomfortable situation when the downside risks for Italy's growth...will spill over into other Eurozone economies,\" she says. The end of Italian Prime Minister Mario Draghi's government seems to be now the baseline scenario, and this outcome is possibly the worst outcome of the crisis that started last week, Piazza adds. The BTP-Bund spreads are likely to suffer some widening trend in coming weeks, she says. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Draghi's Departure From the Political Scene Will Be Negative for Italy and the EU \n</p>\n<pre>\n \n</pre>\n<p>\n  0726 GMT - Italian Prime Minister Mario Draghi will likely confirm his resignation, after Lega and Forza Italia abstained from a crucial vote of confidence, Barclays says in a note. \"Draghi's departure from the political scene will be negative for Italy and the European Union,\" Ludovico Sapio at Barclays says. President Sergio Mattarella could dissolve the Chambers of Parliament over the coming days, launching the process leading to early election and the elections could take place in early October, according to Barclays. President Mattarella could still verify the existence of an alternative majority, but Barclays says it will be politically difficult and therefore highly unlikely. (maria.martinez@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italian Banks' Shares Under Pressure Amid Political Turmoil \n</p>\n<pre>\n \n</pre>\n<p>\n  0725 GMT - Shares in Italian banks open sharply lower amid political uncertainty in the country. Intesa Sanpaolo trades 4.1% lower, UniCredit falls 4.7%, Mediobanca drops 2% and Banco BPM is down 3.8%. Italian Prime Minister Mario Draghi will likely resign, putting an end to a national unity government that lasted almost one and a half years. He won a confidence vote in the Senate, but mass abstentions indicated he no longer has the support of a majority of parliament. \"Draghi's resignation means early election in fall in Italy, and political chaos at least until then,\" Swissquote analyst Ipek Ozkardeskaya says in a research note. This will add another layer of stress for the European Central Bank, which is struggling to contain eurozone bond yield spreads, she says. (cristina.roca@wsj.com; @_cristinaroca) \n</p>\n<pre>\n \n</pre>\n<p>\n  Ten-Year BTP-Bund Spread Could Widen to 250-275Bps in Snap Election \n</p>\n<pre>\n \n</pre>\n<p>\n  0720 GMT - A snap election in Italy could take the 10-year Italian BTP-German Bund yield spread to 250-275 basis points, with the front-end of the Italian bond curve being even more vulnerable to credit risk pricing, Citi's rates strategists say in a note. An election seems most likely now after three parties withdrew government support in a confidence vote for Prime Minister Mario Draghi's government, even as Draghi won the vote. \"This [Italian backdrop] ups the ante for the European Central Bank, set to unveil the anti-fragmentation tool today, which, however, is unlikely to address such idiosyncratic risks and also only target spread volatility, not spread levels,\" Citi's strategists write. The 10-year BTP-Bund spread trades 15bps wider at 229 bps, according to Tradeweb. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Euro Rises as ECB Expected to Lift Rates, Nord Stream 1 Resumes Gas Flows \n</p>\n<pre>\n \n</pre>\n<p>\n  0709 GMT - The euro rises ahead of an expected interest=rate rise by the European Central Bank while the operator of the Nord Stream 1 gas pipeline said it's in the process of resuming flows. The pipeline, which delivers Russian gas to Germany, was scheduled to reopen Thursday after maintenance but there were fears of a complete cutoff. The ECB, which announces its decision at 1215 GMT, expects to start raising rates 25 basis points but a 50bp move is reportedly being considered. However, the prospect of an early Italy election will add another \"layer of stress\" for the ECB, which is already struggling to contain divergence between eurozone bond yields, Swissquote Bank analyst Ipek Ozkardeskaya writes. EUR/USD rises 0.3% to 1.0212. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Draghi Leaves Reforms Unfinished, Italian Debt Seems \n</p>\n<pre>\n \n</pre>\n<p>\n  0653 GMT - The risk of snap elections in late September or early October has risen substantially in Italy, after three major coalition parties refused to back Italian prime minister Mario Draghi in a confidence vote Wednesday, Berenberg's Holger Schmieding says in a note. Draghi tried hard to streamline bureaucratic and judicial procedures to make the country a better place to invest and create jobs, but this task remains unfinished, according to Schmieding. Whereas other countries have raised their trend rate of growth and hence their likely future tax revenues sufficiently to make their debt burdens sustainable, Italy hasn't yet implemented enough pro-growth reforms. \"The long-term sustainability of Italy's public debt burden of almost 150% of GDP is far from assured,\" Schmieding says. (maria.martinez@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italy's Govt Crisis Highlights Importance of ECB's Anti-Fragmentation Tool \n</p>\n<pre>\n \n</pre>\n<p>\n  0654 GMT - The importance of an anti-fragmentation tool from the European Central Bank comes into focus amid significant political turmoil in Italy, Deutsche Bank's strategists write in a note ahead of the ECB's policy meeting on Thursday. Italian Prime Minister Mario Draghi's government is on the verge of collapse after three parties--the League, Forza Italia and the Five Star Movement--failed to back him in a Senate confidence vote. \"The latest moves raise the prospect that Draghi could resign again after his attempt last week was rejected by the President, which in turn brings the possibility of early elections into view,\" analysts at Deutsche Bank say. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  BTP-Bund Yield Spread Widens as Italian Government Crisis Unfolds \n</p>\n<pre>\n \n</pre>\n<p>\n  0632 GMT - The 10-year Italian BTP-German Bund yield spread trades widens sharply amid Italy's unfolding government crisis, after Prime Minister Mario Draghi won a confidence vote on Wednesday, but in mass abstentions by three large parties. \"Risks are high that there will be a snap election, most likely in September but the timing is problematic since the budget and the payout of EU's support program are planned to take place during the autumn,\" Olle Holmgren, SEB's chief strategist for Sweden, says in a note. He adds that the importance of the European Central Bank's anti-fragmentation measures is rising. The 10-year BTP-Bund yield trades 23 basis points wider at around 237bps, according to Tradeweb. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 21, 2022 05:54 ET (09:54 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\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>Market Talk Roundup: Italian Assets, Euro Fall as Draghi Resigns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Talk Roundup: Italian Assets, Euro Fall as Draghi Resigns\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-21 17:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  Italian stocks, bonds and the euro fall after Prime Minister Mario Draghi resigned after three large parties failed to back him in a confidence vote, ending a period of political stability and likely heralding snap elections. With Italian bond yields rising, the political uncertainty complicates the European Central Bank's plans for an anti-fragmentation tool. The following is a selection of comments from analysts and asset managers. \n</p>\n<pre>\n \n</pre>\n<p>\n  Euro Turns Lower Vs Dollar After Italian PM Resigns \n</p>\n<pre>\n \n</pre>\n<p>\n  0943 GMT - The euro turns weaker versus the dollar after Italian Prime Minister Mario Draghi confirmed his resignation, paving the way for snap elections. Spreads between Italian and German bond yields widen, weighing on the euro, while the dollar is supported by safe haven flows after the news. Draghi's departure, which comes after three key parties failed to back him in a confidence vote, is expected to lead to early elections that could take place as early as late September. \"An early election in Italy could be negative for the euro in that it would increase instability in the bloc's third-largest economy,\" BDSwiss Group analyst Marshall Gittler writes.EUR/USD falls 0.1% to 1.0170. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italian Stocks Slide on Political Uncertainty \n</p>\n<pre>\n \n</pre>\n<p>\n  0903 GMT - Italian stocks fall sharply as Prime Minister Mario Draghi resigns, ending a period of political stability and likely heralding snap elections. Italy's FTSE MIB index falls 2.4% to 20839.98, easily underperforming the Stoxx Europe 600 index, which falls 0.3%. The FTSE MIB in Italy is trading sharply lower as the political crisis weighs, Victoria Scholar, head of investment at Interactive Investor, says in a note. Draghi won a confidence vote in the Senate, but only with mass abstentions. Financial stocks are the biggest losers, with Poste Italiane and Banco BPM down 7.2% and BPER Banca losing 5.6%. Telecom Italia slides 5.9% and aerospace company Leonardo loses 5%. (jessica.fleetham@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Collapse of Italian Government Likely to Lead to Snap Elections \n</p>\n<pre>\n \n</pre>\n<p>\n  0817 GMT - Given the poor relations among former coalition partners in the Italian cabinet, there seems to be no room left for another attempt to form a national unity government, ING's senior economist for Italy Paolo Pizzoli says in a note. President Sergio Mattarella will then have little alternative but to dissolve parliament and call snap elections, he says. As PM Mario Draghi wasn't voted down in parliament, he will likely be called to run the government for ordinary affairs until the elections, Pizzoli says. In the short-term, the parties which decided to pull the plug will have a hard time explaining to their electorate why such a decision was made at such a difficult economic and geopolitical moment, he says. (maria.martinez@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italian Politics Complicates ECB's Anti-Fragmentation Tool \n</p>\n<pre>\n \n</pre>\n<p>\n  0751 GMT - The outcome of Italian political developments might add further confusion to the European Central Bank's anti-fragmentation tool that is clearly not aimed at reducing political risk, Annalisa Piazza, fixed-income research analyst at MFS Investment Management writes in a note. \"In the meanwhile, the ECB will be in a very uncomfortable situation when the downside risks for Italy's growth...will spill over into other Eurozone economies,\" she says. The end of Italian Prime Minister Mario Draghi's government seems to be now the baseline scenario, and this outcome is possibly the worst outcome of the crisis that started last week, Piazza adds. The BTP-Bund spreads are likely to suffer some widening trend in coming weeks, she says. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Draghi's Departure From the Political Scene Will Be Negative for Italy and the EU \n</p>\n<pre>\n \n</pre>\n<p>\n  0726 GMT - Italian Prime Minister Mario Draghi will likely confirm his resignation, after Lega and Forza Italia abstained from a crucial vote of confidence, Barclays says in a note. \"Draghi's departure from the political scene will be negative for Italy and the European Union,\" Ludovico Sapio at Barclays says. President Sergio Mattarella could dissolve the Chambers of Parliament over the coming days, launching the process leading to early election and the elections could take place in early October, according to Barclays. President Mattarella could still verify the existence of an alternative majority, but Barclays says it will be politically difficult and therefore highly unlikely. (maria.martinez@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italian Banks' Shares Under Pressure Amid Political Turmoil \n</p>\n<pre>\n \n</pre>\n<p>\n  0725 GMT - Shares in Italian banks open sharply lower amid political uncertainty in the country. Intesa Sanpaolo trades 4.1% lower, UniCredit falls 4.7%, Mediobanca drops 2% and Banco BPM is down 3.8%. Italian Prime Minister Mario Draghi will likely resign, putting an end to a national unity government that lasted almost one and a half years. He won a confidence vote in the Senate, but mass abstentions indicated he no longer has the support of a majority of parliament. \"Draghi's resignation means early election in fall in Italy, and political chaos at least until then,\" Swissquote analyst Ipek Ozkardeskaya says in a research note. This will add another layer of stress for the European Central Bank, which is struggling to contain eurozone bond yield spreads, she says. (cristina.roca@wsj.com; @_cristinaroca) \n</p>\n<pre>\n \n</pre>\n<p>\n  Ten-Year BTP-Bund Spread Could Widen to 250-275Bps in Snap Election \n</p>\n<pre>\n \n</pre>\n<p>\n  0720 GMT - A snap election in Italy could take the 10-year Italian BTP-German Bund yield spread to 250-275 basis points, with the front-end of the Italian bond curve being even more vulnerable to credit risk pricing, Citi's rates strategists say in a note. An election seems most likely now after three parties withdrew government support in a confidence vote for Prime Minister Mario Draghi's government, even as Draghi won the vote. \"This [Italian backdrop] ups the ante for the European Central Bank, set to unveil the anti-fragmentation tool today, which, however, is unlikely to address such idiosyncratic risks and also only target spread volatility, not spread levels,\" Citi's strategists write. The 10-year BTP-Bund spread trades 15bps wider at 229 bps, according to Tradeweb. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Euro Rises as ECB Expected to Lift Rates, Nord Stream 1 Resumes Gas Flows \n</p>\n<pre>\n \n</pre>\n<p>\n  0709 GMT - The euro rises ahead of an expected interest=rate rise by the European Central Bank while the operator of the Nord Stream 1 gas pipeline said it's in the process of resuming flows. The pipeline, which delivers Russian gas to Germany, was scheduled to reopen Thursday after maintenance but there were fears of a complete cutoff. The ECB, which announces its decision at 1215 GMT, expects to start raising rates 25 basis points but a 50bp move is reportedly being considered. However, the prospect of an early Italy election will add another \"layer of stress\" for the ECB, which is already struggling to contain divergence between eurozone bond yields, Swissquote Bank analyst Ipek Ozkardeskaya writes. EUR/USD rises 0.3% to 1.0212. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Draghi Leaves Reforms Unfinished, Italian Debt Seems \n</p>\n<pre>\n \n</pre>\n<p>\n  0653 GMT - The risk of snap elections in late September or early October has risen substantially in Italy, after three major coalition parties refused to back Italian prime minister Mario Draghi in a confidence vote Wednesday, Berenberg's Holger Schmieding says in a note. Draghi tried hard to streamline bureaucratic and judicial procedures to make the country a better place to invest and create jobs, but this task remains unfinished, according to Schmieding. Whereas other countries have raised their trend rate of growth and hence their likely future tax revenues sufficiently to make their debt burdens sustainable, Italy hasn't yet implemented enough pro-growth reforms. \"The long-term sustainability of Italy's public debt burden of almost 150% of GDP is far from assured,\" Schmieding says. (maria.martinez@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  Italy's Govt Crisis Highlights Importance of ECB's Anti-Fragmentation Tool \n</p>\n<pre>\n \n</pre>\n<p>\n  0654 GMT - The importance of an anti-fragmentation tool from the European Central Bank comes into focus amid significant political turmoil in Italy, Deutsche Bank's strategists write in a note ahead of the ECB's policy meeting on Thursday. Italian Prime Minister Mario Draghi's government is on the verge of collapse after three parties--the League, Forza Italia and the Five Star Movement--failed to back him in a Senate confidence vote. \"The latest moves raise the prospect that Draghi could resign again after his attempt last week was rejected by the President, which in turn brings the possibility of early elections into view,\" analysts at Deutsche Bank say. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  BTP-Bund Yield Spread Widens as Italian Government Crisis Unfolds \n</p>\n<pre>\n \n</pre>\n<p>\n  0632 GMT - The 10-year Italian BTP-German Bund yield spread trades widens sharply amid Italy's unfolding government crisis, after Prime Minister Mario Draghi won a confidence vote on Wednesday, but in mass abstentions by three large parties. \"Risks are high that there will be a snap election, most likely in September but the timing is problematic since the budget and the payout of EU's support program are planned to take place during the autumn,\" Olle Holmgren, SEB's chief strategist for Sweden, says in a note. He adds that the importance of the European Central Bank's anti-fragmentation measures is rising. The 10-year BTP-Bund yield trades 23 basis points wider at around 237bps, according to Tradeweb. (emese.bartha@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 21, 2022 05:54 ET (09:54 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","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","BK4207":"综合性银行","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4581":"高盛持仓","MDIBY":"MedioBanca SpA","AMZN":"亚马逊","BK4548":"巴美列捷福持仓","UNCFF":"UniCredito Spa"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253743053","content_text":"Italian stocks, bonds and the euro fall after Prime Minister Mario Draghi resigned after three large parties failed to back him in a confidence vote, ending a period of political stability and likely heralding snap elections. With Italian bond yields rising, the political uncertainty complicates the European Central Bank's plans for an anti-fragmentation tool. The following is a selection of comments from analysts and asset managers. \n\n\n \n\n\n  Euro Turns Lower Vs Dollar After Italian PM Resigns \n\n\n \n\n\n  0943 GMT - The euro turns weaker versus the dollar after Italian Prime Minister Mario Draghi confirmed his resignation, paving the way for snap elections. Spreads between Italian and German bond yields widen, weighing on the euro, while the dollar is supported by safe haven flows after the news. Draghi's departure, which comes after three key parties failed to back him in a confidence vote, is expected to lead to early elections that could take place as early as late September. \"An early election in Italy could be negative for the euro in that it would increase instability in the bloc's third-largest economy,\" BDSwiss Group analyst Marshall Gittler writes.EUR/USD falls 0.1% to 1.0170. (renae.dyer@wsj.com) \n\n\n \n\n\n  Italian Stocks Slide on Political Uncertainty \n\n\n \n\n\n  0903 GMT - Italian stocks fall sharply as Prime Minister Mario Draghi resigns, ending a period of political stability and likely heralding snap elections. Italy's FTSE MIB index falls 2.4% to 20839.98, easily underperforming the Stoxx Europe 600 index, which falls 0.3%. The FTSE MIB in Italy is trading sharply lower as the political crisis weighs, Victoria Scholar, head of investment at Interactive Investor, says in a note. Draghi won a confidence vote in the Senate, but only with mass abstentions. Financial stocks are the biggest losers, with Poste Italiane and Banco BPM down 7.2% and BPER Banca losing 5.6%. Telecom Italia slides 5.9% and aerospace company Leonardo loses 5%. (jessica.fleetham@wsj.com) \n\n\n \n\n\n  Collapse of Italian Government Likely to Lead to Snap Elections \n\n\n \n\n\n  0817 GMT - Given the poor relations among former coalition partners in the Italian cabinet, there seems to be no room left for another attempt to form a national unity government, ING's senior economist for Italy Paolo Pizzoli says in a note. President Sergio Mattarella will then have little alternative but to dissolve parliament and call snap elections, he says. As PM Mario Draghi wasn't voted down in parliament, he will likely be called to run the government for ordinary affairs until the elections, Pizzoli says. In the short-term, the parties which decided to pull the plug will have a hard time explaining to their electorate why such a decision was made at such a difficult economic and geopolitical moment, he says. (maria.martinez@wsj.com) \n\n\n \n\n\n  Italian Politics Complicates ECB's Anti-Fragmentation Tool \n\n\n \n\n\n  0751 GMT - The outcome of Italian political developments might add further confusion to the European Central Bank's anti-fragmentation tool that is clearly not aimed at reducing political risk, Annalisa Piazza, fixed-income research analyst at MFS Investment Management writes in a note. \"In the meanwhile, the ECB will be in a very uncomfortable situation when the downside risks for Italy's growth...will spill over into other Eurozone economies,\" she says. The end of Italian Prime Minister Mario Draghi's government seems to be now the baseline scenario, and this outcome is possibly the worst outcome of the crisis that started last week, Piazza adds. The BTP-Bund spreads are likely to suffer some widening trend in coming weeks, she says. (emese.bartha@wsj.com) \n\n\n \n\n\n  Draghi's Departure From the Political Scene Will Be Negative for Italy and the EU \n\n\n \n\n\n  0726 GMT - Italian Prime Minister Mario Draghi will likely confirm his resignation, after Lega and Forza Italia abstained from a crucial vote of confidence, Barclays says in a note. \"Draghi's departure from the political scene will be negative for Italy and the European Union,\" Ludovico Sapio at Barclays says. President Sergio Mattarella could dissolve the Chambers of Parliament over the coming days, launching the process leading to early election and the elections could take place in early October, according to Barclays. President Mattarella could still verify the existence of an alternative majority, but Barclays says it will be politically difficult and therefore highly unlikely. (maria.martinez@wsj.com) \n\n\n \n\n\n  Italian Banks' Shares Under Pressure Amid Political Turmoil \n\n\n \n\n\n  0725 GMT - Shares in Italian banks open sharply lower amid political uncertainty in the country. Intesa Sanpaolo trades 4.1% lower, UniCredit falls 4.7%, Mediobanca drops 2% and Banco BPM is down 3.8%. Italian Prime Minister Mario Draghi will likely resign, putting an end to a national unity government that lasted almost one and a half years. He won a confidence vote in the Senate, but mass abstentions indicated he no longer has the support of a majority of parliament. \"Draghi's resignation means early election in fall in Italy, and political chaos at least until then,\" Swissquote analyst Ipek Ozkardeskaya says in a research note. This will add another layer of stress for the European Central Bank, which is struggling to contain eurozone bond yield spreads, she says. (cristina.roca@wsj.com; @_cristinaroca) \n\n\n \n\n\n  Ten-Year BTP-Bund Spread Could Widen to 250-275Bps in Snap Election \n\n\n \n\n\n  0720 GMT - A snap election in Italy could take the 10-year Italian BTP-German Bund yield spread to 250-275 basis points, with the front-end of the Italian bond curve being even more vulnerable to credit risk pricing, Citi's rates strategists say in a note. An election seems most likely now after three parties withdrew government support in a confidence vote for Prime Minister Mario Draghi's government, even as Draghi won the vote. \"This [Italian backdrop] ups the ante for the European Central Bank, set to unveil the anti-fragmentation tool today, which, however, is unlikely to address such idiosyncratic risks and also only target spread volatility, not spread levels,\" Citi's strategists write. The 10-year BTP-Bund spread trades 15bps wider at 229 bps, according to Tradeweb. (emese.bartha@wsj.com) \n\n\n \n\n\n  Euro Rises as ECB Expected to Lift Rates, Nord Stream 1 Resumes Gas Flows \n\n\n \n\n\n  0709 GMT - The euro rises ahead of an expected interest=rate rise by the European Central Bank while the operator of the Nord Stream 1 gas pipeline said it's in the process of resuming flows. The pipeline, which delivers Russian gas to Germany, was scheduled to reopen Thursday after maintenance but there were fears of a complete cutoff. The ECB, which announces its decision at 1215 GMT, expects to start raising rates 25 basis points but a 50bp move is reportedly being considered. However, the prospect of an early Italy election will add another \"layer of stress\" for the ECB, which is already struggling to contain divergence between eurozone bond yields, Swissquote Bank analyst Ipek Ozkardeskaya writes. EUR/USD rises 0.3% to 1.0212. (renae.dyer@wsj.com) \n\n\n \n\n\n  Draghi Leaves Reforms Unfinished, Italian Debt Seems \n\n\n \n\n\n  0653 GMT - The risk of snap elections in late September or early October has risen substantially in Italy, after three major coalition parties refused to back Italian prime minister Mario Draghi in a confidence vote Wednesday, Berenberg's Holger Schmieding says in a note. Draghi tried hard to streamline bureaucratic and judicial procedures to make the country a better place to invest and create jobs, but this task remains unfinished, according to Schmieding. Whereas other countries have raised their trend rate of growth and hence their likely future tax revenues sufficiently to make their debt burdens sustainable, Italy hasn't yet implemented enough pro-growth reforms. \"The long-term sustainability of Italy's public debt burden of almost 150% of GDP is far from assured,\" Schmieding says. (maria.martinez@wsj.com) \n\n\n \n\n\n  Italy's Govt Crisis Highlights Importance of ECB's Anti-Fragmentation Tool \n\n\n \n\n\n  0654 GMT - The importance of an anti-fragmentation tool from the European Central Bank comes into focus amid significant political turmoil in Italy, Deutsche Bank's strategists write in a note ahead of the ECB's policy meeting on Thursday. Italian Prime Minister Mario Draghi's government is on the verge of collapse after three parties--the League, Forza Italia and the Five Star Movement--failed to back him in a Senate confidence vote. \"The latest moves raise the prospect that Draghi could resign again after his attempt last week was rejected by the President, which in turn brings the possibility of early elections into view,\" analysts at Deutsche Bank say. (emese.bartha@wsj.com) \n\n\n \n\n\n  BTP-Bund Yield Spread Widens as Italian Government Crisis Unfolds \n\n\n \n\n\n  0632 GMT - The 10-year Italian BTP-German Bund yield spread trades widens sharply amid Italy's unfolding government crisis, after Prime Minister Mario Draghi won a confidence vote on Wednesday, but in mass abstentions by three large parties. \"Risks are high that there will be a snap election, most likely in September but the timing is problematic since the budget and the payout of EU's support program are planned to take place during the autumn,\" Olle Holmgren, SEB's chief strategist for Sweden, says in a note. He adds that the importance of the European Central Bank's anti-fragmentation measures is rising. The 10-year BTP-Bund yield trades 23 basis points wider at around 237bps, according to Tradeweb. (emese.bartha@wsj.com) \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 21, 2022 05:54 ET (09:54 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074455802,"gmtCreate":1658398559706,"gmtModify":1676536152916,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074455802","repostId":"2253171478","repostType":4,"repost":{"id":"2253171478","pubTimestamp":1658397821,"share":"https://ttm.financial/m/news/2253171478?lang=&edition=fundamental","pubTime":"2022-07-21 18:03","market":"us","language":"en","title":"Tesla Beats Earnings Estimates Again. But Did It Change Many Minds on Wall Street?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253171478","media":"Barrons","summary":"Al Root \n\n\n     Tesla stock is rising after the electric-vehicle manufacturer beat analysts' quarter","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nAl Root \n</pre>\n<p>\n     Tesla stock is rising after the electric-vehicle manufacturer beat analysts' quarterly estimates again. But the company's second quarter wasn't strong enough to change many minds. \n</p>\n<p>\n     Higher production and stable demand in the second half of 2022 might help do that. \n</p>\n<p>\n     Tesla (ticker: TSLA) reported on Wednesday second-quarter adjusted earnings per share of $2.27. The Wall Street consensus was closer to $1.80 a share. It's the sixth consecutive earnings \"beat\" for the company. \n</p>\n<p>\n     Investors appeared reasonably happy. Shares are up more than 5% in early treading Thursday, at about $780.50 a share. \n</p>\n<p>\n     Cowen analyst Jeffrey Osborne wasn't quite as impressed, noting in a report Wednesday evening that Tesla reported lower operating expenses and tax rate than he was expecting. Osborne would have preferred better gross margins. \n</p>\n<p>\n     What's more, he sees Tesla stock \"rangebound\" until investors have a better sense that production ramps at the new Berlin and Texas plants are going well. \n</p>\n<p>\n     Berenberg analyst Adrian Yanoshik addressed the production ramp in his post-earnings research report. He projects profit margin improvement in the third quarter as output at the new facilities moves higher. \n</p>\n<p>\n     Yanoshik also noted \"stabilized lead times\" for the Model Y. The issue of lead time has been a source of debate among investors and analysts. \n</p>\n<p>\n     Lengthening lead times, even as Tesla has raised prices roughly 25% to 30% so far in 2022, has been taken as a sign that demand for EVs, and Tesla's EVs, remains rock solid. Weakening or stabilized lead times could be a bad sign as the economy slows. \n</p>\n<p>\n     CEO Elon Musk addressed lead time on the company's conference call, noting that Tesla wants lower lead times. He also reiterated his belief that Tesla can sell all the cars it can make for the foreseeable future. Musk doesn't seem worried about demand. \n</p>\n<p>\n     RBC analyst Joseph Spak appeared to agree with Musk, writing Wednesday evening that he believes Tesla doesn't have a demand problem. Spak also was encouraged by increasing vehicle supply at Tesla's older plants. \n</p>\n<p>\n     Spak believes Tesla's plant in Fremont, Calif., can produce up to 650,000 vehicles a year, up from a prior estimate of 600,000. He sees the Shanghai facility able to produce about 750,000 units a year. Shanghai produced about 480,000 vehicles in 2021. \n</p>\n<p>\n     Both Yanoshik and Osborne rate Tesla shares at Hold. Osborne has a $733 price target on the stock. Yanoshik's price target is $833. \n</p>\n<p>\n     Spak rates shares a Buy. His price target is $1,100. Daiwa analyst Jairam Nathan also rates Tesla stock a Buy. His price target is $800. Nathan, like Spak, focused on production in his post-earnings report. \n</p>\n<p>\n     Tesla \"management is hopeful of exiting 2022 at close to 40,000 units/week of total production,\" wrote Nathan. That's works out to roughly 2 million vehicles a year, allowing some time for retooling and vacations. \n</p>\n<p>\n     Exiting the year at the 2 million unit run-rate would put Tesla on a path to grow volumes at 50% again in 2023. Still, weekly output would need to march higher over the course of 2023. Tesla is expected to deliver about 1.4 million units in 2022 -- 50% more than that is 2.1 million units. \n</p>\n<p>\n     Overall, 53% of analysts covering Tesla rate the stock a Buy. The average Buy-rating ratio for stocks in the S&amp;P 500 is about 58%. The average analyst price target on Tesla is about $870 a share. \n</p>\n<p>\n     Coming into Thursday trading, Tesla stock has fallen about 30% this year, while the S&amp;P 500 and Nasdaq Composite have fallen about 17% and 24%, respectively. \n</p>\n<p>\n     Write to Al Root at allen.root@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 21, 2022 10:16 ET (14:16 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Beats Earnings Estimates Again. But Did It Change Many Minds on Wall Street?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Beats Earnings Estimates Again. But Did It Change Many Minds on Wall Street?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 18:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-earnings-wall-street-analysts-51658390315?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Al Root \n\n\n     Tesla stock is rising after the electric-vehicle manufacturer beat analysts' quarterly estimates again. But the company's second quarter wasn't strong enough to change many minds. \n\n\n ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-earnings-wall-street-analysts-51658390315?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-earnings-wall-street-analysts-51658390315?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253171478","content_text":"Al Root \n\n\n     Tesla stock is rising after the electric-vehicle manufacturer beat analysts' quarterly estimates again. But the company's second quarter wasn't strong enough to change many minds. \n\n\n     Higher production and stable demand in the second half of 2022 might help do that. \n\n\n     Tesla (ticker: TSLA) reported on Wednesday second-quarter adjusted earnings per share of $2.27. The Wall Street consensus was closer to $1.80 a share. It's the sixth consecutive earnings \"beat\" for the company. \n\n\n     Investors appeared reasonably happy. Shares are up more than 5% in early treading Thursday, at about $780.50 a share. \n\n\n     Cowen analyst Jeffrey Osborne wasn't quite as impressed, noting in a report Wednesday evening that Tesla reported lower operating expenses and tax rate than he was expecting. Osborne would have preferred better gross margins. \n\n\n     What's more, he sees Tesla stock \"rangebound\" until investors have a better sense that production ramps at the new Berlin and Texas plants are going well. \n\n\n     Berenberg analyst Adrian Yanoshik addressed the production ramp in his post-earnings research report. He projects profit margin improvement in the third quarter as output at the new facilities moves higher. \n\n\n     Yanoshik also noted \"stabilized lead times\" for the Model Y. The issue of lead time has been a source of debate among investors and analysts. \n\n\n     Lengthening lead times, even as Tesla has raised prices roughly 25% to 30% so far in 2022, has been taken as a sign that demand for EVs, and Tesla's EVs, remains rock solid. Weakening or stabilized lead times could be a bad sign as the economy slows. \n\n\n     CEO Elon Musk addressed lead time on the company's conference call, noting that Tesla wants lower lead times. He also reiterated his belief that Tesla can sell all the cars it can make for the foreseeable future. Musk doesn't seem worried about demand. \n\n\n     RBC analyst Joseph Spak appeared to agree with Musk, writing Wednesday evening that he believes Tesla doesn't have a demand problem. Spak also was encouraged by increasing vehicle supply at Tesla's older plants. \n\n\n     Spak believes Tesla's plant in Fremont, Calif., can produce up to 650,000 vehicles a year, up from a prior estimate of 600,000. He sees the Shanghai facility able to produce about 750,000 units a year. Shanghai produced about 480,000 vehicles in 2021. \n\n\n     Both Yanoshik and Osborne rate Tesla shares at Hold. Osborne has a $733 price target on the stock. Yanoshik's price target is $833. \n\n\n     Spak rates shares a Buy. His price target is $1,100. Daiwa analyst Jairam Nathan also rates Tesla stock a Buy. His price target is $800. Nathan, like Spak, focused on production in his post-earnings report. \n\n\n     Tesla \"management is hopeful of exiting 2022 at close to 40,000 units/week of total production,\" wrote Nathan. That's works out to roughly 2 million vehicles a year, allowing some time for retooling and vacations. \n\n\n     Exiting the year at the 2 million unit run-rate would put Tesla on a path to grow volumes at 50% again in 2023. Still, weekly output would need to march higher over the course of 2023. Tesla is expected to deliver about 1.4 million units in 2022 -- 50% more than that is 2.1 million units. \n\n\n     Overall, 53% of analysts covering Tesla rate the stock a Buy. The average Buy-rating ratio for stocks in the S&P 500 is about 58%. The average analyst price target on Tesla is about $870 a share. \n\n\n     Coming into Thursday trading, Tesla stock has fallen about 30% this year, while the S&P 500 and Nasdaq Composite have fallen about 17% and 24%, respectively. \n\n\n     Write to Al Root at allen.root@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 21, 2022 10:16 ET (14:16 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074148036,"gmtCreate":1658324109125,"gmtModify":1676536140677,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074148036","repostId":"1179310436","repostType":4,"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075557550,"gmtCreate":1658232996470,"gmtModify":1676536125556,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075557550","repostId":"2252558245","repostType":4,"repost":{"id":"2252558245","pubTimestamp":1658230015,"share":"https://ttm.financial/m/news/2252558245?lang=&edition=fundamental","pubTime":"2022-07-19 19:26","market":"us","language":"en","title":"Private-Equity Firm Veritas in Exclusive Talks to Buy NCR","url":"https://stock-news.laohu8.com/highlight/detail?id=2252558245","media":"The Wall Street Journal","summary":"Deal would be among the few relatively big LBOs sealed in recent months amid rising interest ratesNC","content":"<html><head></head><body><p>Deal would be among the few relatively big LBOs sealed in recent months amid rising interest rates</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/643251330aa9e2cd0dae8c014bdaa627\" tg-width=\"860\" tg-height=\"573\" width=\"100%\" height=\"auto\"/><span>NCR Corp. launched a strategic-review process earlier this year that has drawn interest from private-equity suitors.</span></p><p>NCR Corp. is in exclusive talks to be sold to private-equity firm Veritas Capital, according to people familiar with the matter, in what would be one of the biggest leveraged buyouts as the environment for such deals has become more perilous.</p><p>A deal could still be weeks away, the people said, and it’s far from guaranteed, given that a number of LBOs have been shelved lately because of choppy financing markets.</p><p>Should a deal get done, it would be one of a small number of relatively big LBOs to be sealed in recent months as rising interest rates boost the cost of deal financing. NCR has a market value of $4 billion.</p><p>In recent weeks, Kohl’s Corp. and Walgreens Boots Alliance Inc. both ended strategic reviews without striking deals. Both companies cited challenges in the financing market.</p><p>Software company Zendesk Inc. managed to strike a roughly $10 billion deal to be purchased by private-equity firms Permira and Hellman &amp; Friedman LLC in late June. That deal was buoyed by private-credit providers.</p><p>Founded over 130 years ago, NCR has recently been focused on diversifying its business from hardware-focused products like ATMs and self-checkout technologies to software and services for customers in banking, restaurants and retail.</p><p>For the first quarter, NCR reported revenue of $1.86 billion, an increase of 21% year-over-year, but below its forecast of $1.9 billion to $1.95 billion. The company adjusted its full-year guidance down to about $8 billion in revenue, citing the effects of the war in Ukraine, inflation and the Omicron Covid-19 variant.</p><p>NCR, formerly known as the National Cash Register Co. and once part of AT&amp;T, in February launched a strategic-review process that has drawn interest from private-equity suitors. The shares have fallen with technology stocks since then and are down about 30% this year, closing at $29.10 on Monday.</p><p>NCR shares jumped more than 10% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/bf2646b0d006ef2a601e020a1d858418\" tg-width=\"853\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Private-Equity Firm Veritas in Exclusive Talks to Buy NCR</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\">\nPrivate-Equity Firm Veritas in Exclusive Talks to Buy NCR\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 19:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/private-equity-firm-veritas-in-exclusive-talks-to-buy-ncr-11658228400?mod=lead_feature_below_a_pos1><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Deal would be among the few relatively big LBOs sealed in recent months amid rising interest ratesNCR Corp. launched a strategic-review process earlier this year that has drawn interest from private-...</p>\n\n<a href=\"https://www.wsj.com/articles/private-equity-firm-veritas-in-exclusive-talks-to-buy-ncr-11658228400?mod=lead_feature_below_a_pos1\">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://www.wsj.com/articles/private-equity-firm-veritas-in-exclusive-talks-to-buy-ncr-11658228400?mod=lead_feature_below_a_pos1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2252558245","content_text":"Deal would be among the few relatively big LBOs sealed in recent months amid rising interest ratesNCR Corp. launched a strategic-review process earlier this year that has drawn interest from private-equity suitors.NCR Corp. is in exclusive talks to be sold to private-equity firm Veritas Capital, according to people familiar with the matter, in what would be one of the biggest leveraged buyouts as the environment for such deals has become more perilous.A deal could still be weeks away, the people said, and it’s far from guaranteed, given that a number of LBOs have been shelved lately because of choppy financing markets.Should a deal get done, it would be one of a small number of relatively big LBOs to be sealed in recent months as rising interest rates boost the cost of deal financing. NCR has a market value of $4 billion.In recent weeks, Kohl’s Corp. and Walgreens Boots Alliance Inc. both ended strategic reviews without striking deals. Both companies cited challenges in the financing market.Software company Zendesk Inc. managed to strike a roughly $10 billion deal to be purchased by private-equity firms Permira and Hellman & Friedman LLC in late June. That deal was buoyed by private-credit providers.Founded over 130 years ago, NCR has recently been focused on diversifying its business from hardware-focused products like ATMs and self-checkout technologies to software and services for customers in banking, restaurants and retail.For the first quarter, NCR reported revenue of $1.86 billion, an increase of 21% year-over-year, but below its forecast of $1.9 billion to $1.95 billion. The company adjusted its full-year guidance down to about $8 billion in revenue, citing the effects of the war in Ukraine, inflation and the Omicron Covid-19 variant.NCR, formerly known as the National Cash Register Co. and once part of AT&T, in February launched a strategic-review process that has drawn interest from private-equity suitors. The shares have fallen with technology stocks since then and are down about 30% this year, closing at $29.10 on Monday.NCR shares jumped more than 10% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":63,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075557354,"gmtCreate":1658232925778,"gmtModify":1676536125525,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"upload","listText":"upload","text":"upload","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075557354","repostId":"1126892407","repostType":4,"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075970729,"gmtCreate":1658137870261,"gmtModify":1676536110963,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075970729","repostId":"1185408414","repostType":4,"repost":{"id":"1185408414","pubTimestamp":1658134447,"share":"https://ttm.financial/m/news/1185408414?lang=&edition=fundamental","pubTime":"2022-07-18 16:54","market":"us","language":"en","title":"Is Alphabet A Buy After 20-For-1 Stock Split?","url":"https://stock-news.laohu8.com/highlight/detail?id=1185408414","media":"Investing.com","summary":"Alphabet is trying to widen its investment appeal through a stock splitCompany’s business fundamenta","content":"<html><head></head><body><ul><li>Alphabet is trying to widen its investment appeal through a stock split</li><li>Company’s business fundamentals matter most when making a buying decision</li><li>Google one of most-favored mega-cap tech stocks on Wall Street</li></ul><p>Starting this week, you won’t need to spend more than $2,000 to buy a share of Alphabet (NASDAQ:GOOGL). The parent of the Google search engine will complete a 20-for-1 stock split by the close next Friday in the form of a one-time special stock dividend, aiming to draw a wider audience for its shares.</p><p>Alphabet, like other mega-cap tech companies that saw their share prices soaring during the past decade, has been at a disadvantage, as its stock became expensive for retail investors. For mom-and-pop traders, a lower stock price makes it easier to buy shares rather than purchase fractional stocks through their brokerage firms.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a26d17b68415066444a8d87b6d0d504\" tg-width=\"1724\" tg-height=\"1462\" width=\"100%\" height=\"auto\"/><span>Source: Investing.com</span></p><p>Alphabet’s 20-for-1 split would reduce the price of Class A shares to roughly $111, based on Friday’s trading price of $2,228.80.</p><p>Alphabet is one of the last large mega-cap companies to do its stock splits in the current wave. Apple (NASDAQ:AAPL), Tesla (NASDAQ:TSLA) and Amazon (NASDAQ:AMZN) all have already completed their splits during the past two years.</p><p>Technically speaking, stock splits don’t change the value of a company or its investors’ holdings. However, the split decision illustrates the growing influence of retail investors on the market in modern times and the companies’ desire to make their investment appeal wider.</p><p>That said, investors shouldn’t make their investment decisions based on stock splits. Instead, the company’s business fundamentals and its valuation matter the most. On that account, Google stock is an attractive long-term buy.</p><p><b>20% Plunge In Shares</b></p><p>Its stock, which has dropped more than 20% this year amid a widespread sell-off in tech shares, is in a much better position to withstand a looming recession that could force companies to reduce their digital ad spending, depressing Alphabet’s revenues.</p><p>According to Google’s Chief Financial Officer Ruth Porat, the second-quarter results will be impacted by the Russian war in Ukraine, a worsening macro environment, tougher comparisons against pandemic highs and changing foreign exchange rates.</p><p>Ahead of the earnings announcement later this month, some equity analysts have lowered estimates for YouTube sales in part to reflect the heightened competition from ByteDance Ltd.’s TikTok video app. Google is also facing a tougher regulatory environment in Europe. Google’s second-largest business line, its network system that runs ads elsewhere on the web, was likely limited by new regulations in Europe that restricted ad targeting.</p><p>Still, the company&#39;s diverse portfolio and its dominant position in the digital ad market make it hard to ignore.</p><p>Google’s search advertising business, the company’s main revenue driver, gained 24% in Q1, while its Cloud unit sales increased 44%, showing that the company’s efforts to catch up to market leaders  – Amazon.com and Microsoft Corp (NASDAQ:MSFT) –  are paying off.</p><p>This strength in Google’s business model is the main reason that analysts on Wall Street overwhelmingly support buying the stock at these levels. In an Investing.com survey of 52 analysts, 50 have an “outperform” rating on the stock, with a 12-month consensus price target that implies about 38% upside.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9c793527cb6fe4b37d2fcffffec808ee\" tg-width=\"1350\" tg-height=\"868\" width=\"100%\" height=\"auto\"/><span>Source: Investing.com</span></p><p>In a recent note, Bank of America said:</p><blockquote>“Alphabet has a more stable business, artificial intelligence (AI)/ machine learning (ML) advantages across the product stack, significant expense flexibility, a [management] team doing more for shareholders under new CEO (i.e. buybacks) and potential valuation support.”</blockquote><p><b>Bottom Line</b></p><p>Alphabet’s stock split decision will broaden the company’s appeal among retail investors and make a headway in the stock’s potential entry into the prestigious Dow Jones Industrial Average. In addition, Alphabet has a significant upside due to growth momentum in its cloud and other units.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Alphabet A Buy After 20-For-1 Stock Split?</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 Alphabet A Buy After 20-For-1 Stock Split?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-18 16:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investing.com/analysis/is-alphabet-a-buy-after-20for1-stock-split-200627176><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet is trying to widen its investment appeal through a stock splitCompany’s business fundamentals matter most when making a buying decisionGoogle one of most-favored mega-cap tech stocks on Wall ...</p>\n\n<a href=\"https://www.investing.com/analysis/is-alphabet-a-buy-after-20for1-stock-split-200627176\">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.investing.com/analysis/is-alphabet-a-buy-after-20for1-stock-split-200627176","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185408414","content_text":"Alphabet is trying to widen its investment appeal through a stock splitCompany’s business fundamentals matter most when making a buying decisionGoogle one of most-favored mega-cap tech stocks on Wall StreetStarting this week, you won’t need to spend more than $2,000 to buy a share of Alphabet (NASDAQ:GOOGL). The parent of the Google search engine will complete a 20-for-1 stock split by the close next Friday in the form of a one-time special stock dividend, aiming to draw a wider audience for its shares.Alphabet, like other mega-cap tech companies that saw their share prices soaring during the past decade, has been at a disadvantage, as its stock became expensive for retail investors. For mom-and-pop traders, a lower stock price makes it easier to buy shares rather than purchase fractional stocks through their brokerage firms.Source: Investing.comAlphabet’s 20-for-1 split would reduce the price of Class A shares to roughly $111, based on Friday’s trading price of $2,228.80.Alphabet is one of the last large mega-cap companies to do its stock splits in the current wave. Apple (NASDAQ:AAPL), Tesla (NASDAQ:TSLA) and Amazon (NASDAQ:AMZN) all have already completed their splits during the past two years.Technically speaking, stock splits don’t change the value of a company or its investors’ holdings. However, the split decision illustrates the growing influence of retail investors on the market in modern times and the companies’ desire to make their investment appeal wider.That said, investors shouldn’t make their investment decisions based on stock splits. Instead, the company’s business fundamentals and its valuation matter the most. On that account, Google stock is an attractive long-term buy.20% Plunge In SharesIts stock, which has dropped more than 20% this year amid a widespread sell-off in tech shares, is in a much better position to withstand a looming recession that could force companies to reduce their digital ad spending, depressing Alphabet’s revenues.According to Google’s Chief Financial Officer Ruth Porat, the second-quarter results will be impacted by the Russian war in Ukraine, a worsening macro environment, tougher comparisons against pandemic highs and changing foreign exchange rates.Ahead of the earnings announcement later this month, some equity analysts have lowered estimates for YouTube sales in part to reflect the heightened competition from ByteDance Ltd.’s TikTok video app. Google is also facing a tougher regulatory environment in Europe. Google’s second-largest business line, its network system that runs ads elsewhere on the web, was likely limited by new regulations in Europe that restricted ad targeting.Still, the company's diverse portfolio and its dominant position in the digital ad market make it hard to ignore.Google’s search advertising business, the company’s main revenue driver, gained 24% in Q1, while its Cloud unit sales increased 44%, showing that the company’s efforts to catch up to market leaders  – Amazon.com and Microsoft Corp (NASDAQ:MSFT) –  are paying off.This strength in Google’s business model is the main reason that analysts on Wall Street overwhelmingly support buying the stock at these levels. In an Investing.com survey of 52 analysts, 50 have an “outperform” rating on the stock, with a 12-month consensus price target that implies about 38% upside.Source: Investing.comIn a recent note, Bank of America said:“Alphabet has a more stable business, artificial intelligence (AI)/ machine learning (ML) advantages across the product stack, significant expense flexibility, a [management] team doing more for shareholders under new CEO (i.e. buybacks) and potential valuation support.”Bottom LineAlphabet’s stock split decision will broaden the company’s appeal among retail investors and make a headway in the stock’s potential entry into the prestigious Dow Jones Industrial Average. In addition, Alphabet has a significant upside due to growth momentum in its cloud and other units.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075064051,"gmtCreate":1658112813573,"gmtModify":1676536107679,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075064051","repostId":"2252759644","repostType":4,"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075065556,"gmtCreate":1658112784975,"gmtModify":1676536107664,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"thanks","listText":"thanks","text":"thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075065556","repostId":"1130376157","repostType":4,"repost":{"id":"1130376157","pubTimestamp":1658109581,"share":"https://ttm.financial/m/news/1130376157?lang=&edition=fundamental","pubTime":"2022-07-18 09:59","market":"hk","language":"en","title":"Hong Kong: Shares Rise at Open","url":"https://stock-news.laohu8.com/highlight/detail?id=1130376157","media":"The Business Times","summary":"STOCKS opened higher in Hong Kong on Monday (Jul 18) following a strong performance on Wall Street i","content":"<div>\n<p>STOCKS opened higher in Hong Kong on Monday (Jul 18) following a strong performance on Wall Street in response to a healthy batch of economic data.The Hang Seng Index rose 0.90 percent, or 181.86 ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/hong-kong-shares-rise-at-open-5\">Web Link</a>\n\n</div>\n","source":"bustime_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Kong: Shares Rise at Open</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\">\nHong Kong: Shares Rise at Open\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-18 09:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/hong-kong-shares-rise-at-open-5><strong>The Business Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>STOCKS opened higher in Hong Kong on Monday (Jul 18) following a strong performance on Wall Street in response to a healthy batch of economic data.The Hang Seng Index rose 0.90 percent, or 181.86 ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/hong-kong-shares-rise-at-open-5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSI":"恒生指数"},"source_url":"https://www.businesstimes.com.sg/stocks/hong-kong-shares-rise-at-open-5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130376157","content_text":"STOCKS opened higher in Hong Kong on Monday (Jul 18) following a strong performance on Wall Street in response to a healthy batch of economic data.The Hang Seng Index rose 0.90 percent, or 181.86 points, to 20,479.58.The Shanghai Composite Index added 0.22 percent, or 7.03 points, to 3,235.09, while the Shenzhen Composite Index on China’s second exchange gained 0.26 percent, or 5.69 points, to 2,165.68.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075062764,"gmtCreate":1658112645558,"gmtModify":1676536107647,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075062764","repostId":"2251463152","repostType":4,"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9071973928,"gmtCreate":1657465307664,"gmtModify":1676536010615,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"selamat hari raya","listText":"selamat hari raya","text":"selamat hari raya","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071973928","repostId":"1121190134","repostType":4,"repost":{"id":"1121190134","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657267168,"share":"https://ttm.financial/m/news/1121190134?lang=&edition=fundamental","pubTime":"2022-07-08 15:59","market":"us","language":"en","title":"Reminder: SGX Market Will be Closed on July 11 for Hari Raya Haji","url":"https://stock-news.laohu8.com/highlight/detail?id=1121190134","media":"Tiger Newspress","summary":"Hari Raya Haji is around the corner. The Singapore market will be closed on Monday, 11 July 2022. Pl","content":"<html><head></head><body><p>Hari Raya Haji is around the corner. The Singapore market will be closed on Monday, 11 July 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/008ff7c0d3215916b694fa720d59302d\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><table><tbody><tr></tr></tbody></table></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Reminder: SGX Market Will be Closed on July 11 for Hari Raya Haji</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nReminder: SGX Market Will be Closed on July 11 for Hari Raya Haji\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-08 15:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hari Raya Haji is around the corner. The Singapore market will be closed on Monday, 11 July 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.</p><p><img src=\"https://static.tigerbbs.com/008ff7c0d3215916b694fa720d59302d\" tg-width=\"1080\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"/></p><table><tbody><tr></tr></tbody></table></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121190134","content_text":"Hari Raya Haji is around the corner. The Singapore market will be closed on Monday, 11 July 2022. Please take note of the trading arrangements during the holiday period and make the necessary preparations in advance.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582883416532133","authorId":"3582883416532133","name":"NewbieLeo","avatar":"https://static.tigerbbs.com/1d67674084088d7a0f8f4d8152ba870e","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582883416532133","idStr":"3582883416532133"},"content":"same to you","text":"same to you","html":"same to you"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906093696,"gmtCreate":1659450082817,"gmtModify":1705980473411,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"thanks for the analysis","listText":"thanks for the analysis","text":"thanks for the analysis","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906093696","repostId":"1188690484","repostType":4,"repost":{"id":"1188690484","pubTimestamp":1659454673,"share":"https://ttm.financial/m/news/1188690484?lang=&edition=fundamental","pubTime":"2022-08-02 23:37","market":"us","language":"en","title":"Alibaba: Be Greedy When Others Are Fearful","url":"https://stock-news.laohu8.com/highlight/detail?id=1188690484","media":"Seeking Alpha","summary":"SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba has grown at a 5-year CAGR of more than 42%, but the company&#39;s stock is trading at a PE of about x17.</li><li>The stock is down about 70% from ATH and now trades at very attractive risk/reward levels.</li><li>Personally, I see more than 50% upside for BABA stock, as I calculate the company&#39;s fair value with a residual earnings model.</li></ul><p><b>Thesis</b></p><p>I am very bullish on Alibaba (NYSE:BABA) stock. I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett&#39;s key maxims:</p><blockquote>Be greedy when others are fearful.</blockquote><p>Alibaba has grown at a 5-year CAGR of more than 42%, but the company&#39;s stock is trading at a PE of about x17. This indicates a clear undervaluation.</p><p>Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.</p><p>Personally, I see more than 50% upside for BABA stock, as I calculate the company&#39;s fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.</p><p><b>A Best-In-Class Company</b></p><p>Alibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).</p><p>Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world&#39;s biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.</p><p>Moreover, Alibaba is a dominant force in China&#39;s cloud market with about37% market share. China&#39;s cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party&#39;s5-year development plan.</p><p><b>Bullish Financials</b></p><p>In the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.</p><p>Alibaba&#39;sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company&#39;s market capitalization. Moreover, Alibaba&#39;s business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.</p><p>Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.</p><p><b>The Buying Opportunity</b></p><p>Despite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.</p><p><img src=\"https://static.tigerbbs.com/c01e6eab7204bcc90b5af9aa0d87ac85\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Alibaba is a quality company, and the stock&#39;s undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?</p><p>I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba&#39;s extremely depressed valuation - now the company&#39;s stock is trading at a PE of about x17- I argue an investment is justified.</p><p>Moreover, there are signs that all of Alibaba&#39;s headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.</p><p>In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.</p><p>Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.</p><p><img src=\"https://static.tigerbbs.com/8fa3c940aeeed4780c87b1ca71bdb180\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Residual Earnings Valuation</b></p><p>Let us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:</p><ul><li>To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal &#39;till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.</li><li>To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock&#39;s beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company&#39;s idiosyncratic market risk.</li><li>To derive Baidu&#39;s tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.</li><li>For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba&#39;s high-potential initiatives</li><li>I do not model any share buyback further supporting a conservative valuation.</li></ul><p>Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.</p><p><img src=\"https://static.tigerbbs.com/b7cb860aca7fa48ef2afe7e265d3effa\" tg-width=\"640\" tg-height=\"229\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author&#39;s Calculation</p><p>I understand that investors might have different assumptions with regards to Alibaba&#39;s required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!</p><p><img src=\"https://static.tigerbbs.com/62ba3323a1f09e75477921298d84cbf8\" tg-width=\"640\" tg-height=\"154\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author&#39;s Calculation</p><p><b>Investment Risks</b></p><p>Investors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:</p><p>First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba&#39;s short/mid-term business monetization accordingly.</p><p>Secondly, China&#39;s internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.</p><p>Third, much of BABA&#39;s share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company&#39;s business fundamentals remain unchanged.</p><p><b>Conclusion</b></p><p>Alibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba&#39;s sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.</p><p>Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.</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: Be Greedy When Others Are Fearful</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: Be Greedy When Others Are Fearful\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-02 23:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward ...</p>\n\n<a href=\"https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful\">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/4528176-alibaba-be-greedy-when-others-fearful","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188690484","content_text":"SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward levels.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model.ThesisI am very bullish on Alibaba (NYSE:BABA) stock. I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett's key maxims:Be greedy when others are fearful.Alibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17. This indicates a clear undervaluation.Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.A Best-In-Class CompanyAlibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world's biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.Moreover, Alibaba is a dominant force in China's cloud market with about37% market share. China's cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party's5-year development plan.Bullish FinancialsIn the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.Alibaba'sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company's market capitalization. Moreover, Alibaba's business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.The Buying OpportunityDespite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.Seeking AlphaAlibaba is a quality company, and the stock's undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba's extremely depressed valuation - now the company's stock is trading at a PE of about x17- I argue an investment is justified.Moreover, there are signs that all of Alibaba's headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.Seeking AlphaResidual Earnings ValuationLet us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal 'till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock's beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company's idiosyncratic market risk.To derive Baidu's tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba's high-potential initiativesI do not model any share buyback further supporting a conservative valuation.Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.Analyst Consensus EPS; Author's CalculationI understand that investors might have different assumptions with regards to Alibaba's required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!Analyst Consensus EPS; Author's CalculationInvestment RisksInvestors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba's short/mid-term business monetization accordingly.Secondly, China's internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.Third, much of BABA's share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company's business fundamentals remain unchanged.ConclusionAlibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba's sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075064051,"gmtCreate":1658112813573,"gmtModify":1676536107679,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075064051","repostId":"2252759644","repostType":4,"repost":{"id":"2252759644","pubTimestamp":1658099935,"share":"https://ttm.financial/m/news/2252759644?lang=&edition=fundamental","pubTime":"2022-07-18 07:18","market":"us","language":"en","title":"Earnings Season Including Tesla and Netflix Heats up Amid Renewed Recession Calls: What to Know This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2252759644","media":"Yahoo Finance","summary":"The stakes are high on Wall Street this week as quarterly earnings seasons heats up with key results","content":"<html><head></head><body><p>The stakes are high on Wall Street this week as quarterly earnings seasons heats up with key results expected from companies including Netflix (NFLX), Tesla (TSLA), and Twitter (TWTR).</p><p>Investors reeling from Wednesday’s CPI data may be dealt another blow if corporate financials show meaningful profit slowdowns, with higher costs, rising interest rates, and a potential slowdown in consumer spending all themes to watch.</p><p>S&amp;P 500 companies are expected to grow earnings at an estimated annual pace of 4.0% in the second quarter, the slowest rate of growth since year-end 2020 if realized, according to research from FactSet.</p><p><img src=\"https://community-static.tradeup.com/news/d7ae8e53a71e929a24ff39611f587b22\" tg-width=\"705\" tg-height=\"413\" width=\"100%\" height=\"auto\"/></p><p>On June 30, the estimated earnings growth rate for Q2 2022 was 4.0%.FactSet</p><p>The estimated net profit margin for the quarter is 12.4%, a figure that would mark the second straight quarter in which the net profit margin for the index has declined year-over-year. Despite persistent headwinds, however, analysts project net profit margins for the S&amp;P 500 will be higher for the rest of the year.</p><p>“Investors will be looking for clarity during this earnings season on how companies are navigating rising costs and wages,” Treasury Partners chief investment officer Richard Saperstein said in a note, adding current earnings per share estimates are “overoptimistic given the deteriorating macroeconomic backdrop.”</p><p>U.S. stocks rallied Friday but failed to recover from a turbulent week wrought by June&#39;s shock inflation report. All three major benchmarks finished lower for the week.</p><p>On the earnings front this coming week, big tech results will begin rolling in, starting with Netflix results coming after the market close on Tuesday.</p><p>The streaming giant expects to report a loss of 2 million subscribers in the second quarter, a key metric for investors.</p><p>Shares have nosedived 70% year-to-date amid a broader rout in growth stocks.</p><p>Tesla earnings will also be in focus after the close on Wednesday.</p><p>Despite a COVID-related shutdown of its factory in China during the quarter, shipments from its Shanghai plant rebounded last month to hit a record. However, last month, CEO Elon Musk warned of a &#34;super bad feeling&#34; about the economy and said the company is set to trim about 10% of jobs and &#34;pause all hiring worldwide&#34; as fears of a recession grow.</p><p>Tesla’s results also come as Musk prepares to battle Twitter in court after pulling out of a deal to purchase the social media platform. Twitter is scheduled to report quarterly results before the bell on Friday.</p><p>Other notable names set to unveil their results include Bank of America (BAC) and Goldman Sachs (GS) wrapping up bank earnings on Monday, Johnson &amp; Johnson (JNJ), United Airlines (UAL), AT&amp;T (T), and Snap (SNAP).</p><h2>Economic worries continue</h2><p>Last week, inflation data showed consumer prices accelerated 9.1% year-over-year in June, the fastest annual pace since November 1981.</p><p>On Wall Street, the figure spurred a wave of speculation that Federal Reserve officials may raise interest rates 100 basis points when they meet later this month. The move would mark the largest interest rate increase in three decades.</p><p>Analysts at Barclays led by Ajay Rajadhyaksha considered talks of a full percentage hike an “overreaction” in note to clients Wednesday.</p><p>“We also believe that if the Fed genuinely wants to hike 100bp in July, they would need to signal it to markets before the black-out period starts on July 16,” Barclays said. “Yes, they broke forward guidance at the June meeting by going 75bp despite ruling that out earlier, but the CPI report that month came well into the blackout period, and they felt like they needed to seize control of the inflation narrative.”</p><p>If the Federal Reserve places too much emphasis on June&#39;s CPI reading, the Federal Reserve &#34;risks creating a sense of panic,&#34; Andy Sparks, head of portfolio management research at MSCI said in a note.</p><p>&#34;It also runs the risk of overshooting and pushing an economy that had been showing signs of weakness into a full scale recession.&#34;</p><p>Economists at Bank of America said last week they now expect a &#34;mild recession&#34; this year. The firm&#39;s equity strategists also updated their S&amp;P 500 target to imply the index will fall 25% from its record high reached on Jan. 3, noting that the average drop in the stock market seen during recessions is 31%.</p><p>The benchmark was down roughly 19.5% as of Friday&#39;s close.</p><p>On Thursday, Federal Reserve Board of Governors member Christopher Waller said he would be open to backing an increase of one full percentage point if upcoming economic releases point to strong consumer spending but maintained his support for a 0.75% rate.</p><p>The comments came on the heels of a similar signal made by Atlanta Fed President Raphael Bostic Wednesday, told reporters in St. Petersburg, Florida that “everything is in play” when asked about the possibility of a full percentage point hike.</p><p>Data on retail sales and inflation expectations out Friday, however, appeared to temper some investor belief that a 1% rate increase will be coming later this month. According to data from the CME Group, markets are now pricing in a 29% chance of a 100 basis point move this month; on Thursday morning, this figure stood north of 80%.</p><p>—</p><h2><b>Economic calendar</b></h2><h2></h2><p><b>Monday:</b> <b><i>NAHB Housing Market Index</i></b>, July (66 expected, 67 during prior month), <b><i>Net Long-Term TIC Outflows</i></b>, May ($87.7 billion during prior month), <b><i>Total Net TIC Outflows</i></b>, May (1.3 billion during prior month)</p><p><b>Tuesday:</b> <b><i>Housing starts</i></b>, June (1.590 million expected, 1.549 million during prior month), <b><i>Building permits</i></b>, June (1.673 million expected, 1.695 million during prior month), <b><i>Housing starts</i></b>, month-over-month, June (2.7% expected, -14.4% during prior month), <b><i>Building permits</i></b>, month-over-month, April (-1.3% expected, -7.0% during prior month)</p><p><b>Wednesday:</b> <b><i>MBA Mortgage Applications</i></b>, week ended July 15 (-1.7% during prior week), <b><i>Existing Home Sales</i></b>, June (5.40 million expected, 5.41 million during prior month), <b><i>Existing Home Sales</i></b>, month-over-month, June (-0.2% expected, -3.4% during prior month)</p><p><b>Thursday:</b> <b><i>Philadelphia Fed Business Outlook Index</i></b>, July (-1.0 expected, -3.3 during prior month), <b><i>Initial jobless claims</i></b>, week ended July 16 (240,000 expected, 244,000 during prior week), <b><i>Continuing claims</i></b>, week ended July 9 (1.345 million expected, 1.331 during prior week), <b><i>Leading Index</i></b>, June (-0.5% expected, -0.4% in during prior month)</p><p><b>Friday: </b><b><i>S&amp;P Global U.S. Manufacturing PMI</i></b>, July preliminary (51.8 expected, 52.7 during prior month), <b><i>S&amp;P Global U.S. Global Services PMI</i></b>, July preliminary (52.4 expected, 52.7 during prior month), <b><i>S&amp;P Global U.S. Composite PMI,</i></b> July preliminary (52.3 during prior month)</p><p>—</p><h2>Earnings calendar</h2><p><img src=\"https://community-static.tradeup.com/news/8c9e131abc6828c39999a90853cc1ce4\" tg-width=\"2044\" tg-height=\"1448\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><b>Monday:</b></p><p>Before market open: <b>Bank of America</b> (BAC), <b>Goldman Sachs</b> (GS), <b>Charles Schwab</b> (SCHW), <b><a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></b> (SYF), <b>Prologis</b> (PLD)</p><p>After market close: <b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b> (IBM)</p><p><b>Tuesday:</b></p><p>Before market open: <b>Johnson &amp; Johnson</b> (JNJ), <b>Truist Financial</b> (TFC), <b>Interactive Brokers</b> (IBKR), <b>J.B. Hunt Transport</b> (JBHT), <b><a href=\"https://laohu8.com/S/CALM\">Cal-Maine Foods</a></b> (CALM), <b><a href=\"https://laohu8.com/S/GOM\">Ally Financial</a></b> (ALLY), <b>Lockheed Martin</b> (LMT), <b>Hasbro</b> (HAS), <b>Halliburton</b> (HAL)</p><p>After market close: <b>Netflix</b> (NFLX)</p><p><b>Wednesday:</b></p><p>Before market open: <b>Biogen</b> (BIIB), <b>Baker Hughes</b> (BKR), <b>Comerica</b> (CMA), <b>Nasdaq</b> (NDAQ), <b>Abbott Laboratories</b> (ABT), <b>Northern Trust</b> (NTRS)</p><p>After market close: <b>Tesla</b> (TSLA), <b>United Airlines</b> (UAL), <b>Knight-Swift Transportation</b> (KNX), <b><a href=\"https://laohu8.com/S/STLD\">Steel Dynamics</a></b> (STLD), <b>Discover Financial</b> (DFS), <b>Equifax</b> (EFX), <b><a href=\"https://laohu8.com/S/ELV\">Elevance Health</a></b> (ELV), <b>Alcoa</b> (AA), <b>FNB</b> (FNB)</p><p><b>Thursday:</b></p><p>Before market open: <b>AT&amp;T</b> (T), <b>Travelers </b>(TRV),<b> D.R. Horton</b> (DHI), <b>Blackstone</b> (BX), <b>Union Pacific </b>(UNP), <b>American Airlines </b>(AAL), <b>Dow</b> (DOW), <b>Nokia</b> (NOK), <b>Danaher</b> (DHR), <b><a href=\"https://laohu8.com/S/FITBO\">Fifth Third Bancorp</a> </b>(FITB), <b>Tractor Supply</b> (TSCO), <b>Marsh McLennan</b> (MMC), <b>Interpublic</b> (IPG)</p><p>After market close: <b>Snap</b> (SNAP), <b>Mattel</b> (MAT), <b>PPG Industries</b> (PPG),<b> Domino’s </b>(DPZ), <b>Tenet Healthcare</b> (THC), <b>Boston Beer </b>(SAM),</p><p><b>Friday:</b></p><p>Before market open: <b>Twitter</b> (TWTR), <b>American Express</b> (AXP), <b>Verizon Communications </b>(VZ), <b>HCA Healthcare</b> (HCA), <b>Schlumberger</b> (SLB), <b>Regions Financial</b> (RF), <b>Cleveland-Cliffs</b> (CLF)</p><p>After market close: <i>No notable reports scheduled for release.</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>Earnings Season Including Tesla and Netflix Heats up Amid Renewed Recession Calls: What to Know This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nEarnings Season Including Tesla and Netflix Heats up Amid Renewed Recession Calls: What to Know This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-18 07:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/what-to-know-this-week-july-17-2022-170058583.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stakes are high on Wall Street this week as quarterly earnings seasons heats up with key results expected from companies including Netflix (NFLX), Tesla (TSLA), and Twitter (TWTR).Investors ...</p>\n\n<a href=\"https://finance.yahoo.com/news/what-to-know-this-week-july-17-2022-170058583.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NFLX":"奈飞"},"source_url":"https://finance.yahoo.com/news/what-to-know-this-week-july-17-2022-170058583.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2252759644","content_text":"The stakes are high on Wall Street this week as quarterly earnings seasons heats up with key results expected from companies including Netflix (NFLX), Tesla (TSLA), and Twitter (TWTR).Investors reeling from Wednesday’s CPI data may be dealt another blow if corporate financials show meaningful profit slowdowns, with higher costs, rising interest rates, and a potential slowdown in consumer spending all themes to watch.S&P 500 companies are expected to grow earnings at an estimated annual pace of 4.0% in the second quarter, the slowest rate of growth since year-end 2020 if realized, according to research from FactSet.On June 30, the estimated earnings growth rate for Q2 2022 was 4.0%.FactSetThe estimated net profit margin for the quarter is 12.4%, a figure that would mark the second straight quarter in which the net profit margin for the index has declined year-over-year. Despite persistent headwinds, however, analysts project net profit margins for the S&P 500 will be higher for the rest of the year.“Investors will be looking for clarity during this earnings season on how companies are navigating rising costs and wages,” Treasury Partners chief investment officer Richard Saperstein said in a note, adding current earnings per share estimates are “overoptimistic given the deteriorating macroeconomic backdrop.”U.S. stocks rallied Friday but failed to recover from a turbulent week wrought by June's shock inflation report. All three major benchmarks finished lower for the week.On the earnings front this coming week, big tech results will begin rolling in, starting with Netflix results coming after the market close on Tuesday.The streaming giant expects to report a loss of 2 million subscribers in the second quarter, a key metric for investors.Shares have nosedived 70% year-to-date amid a broader rout in growth stocks.Tesla earnings will also be in focus after the close on Wednesday.Despite a COVID-related shutdown of its factory in China during the quarter, shipments from its Shanghai plant rebounded last month to hit a record. However, last month, CEO Elon Musk warned of a \"super bad feeling\" about the economy and said the company is set to trim about 10% of jobs and \"pause all hiring worldwide\" as fears of a recession grow.Tesla’s results also come as Musk prepares to battle Twitter in court after pulling out of a deal to purchase the social media platform. Twitter is scheduled to report quarterly results before the bell on Friday.Other notable names set to unveil their results include Bank of America (BAC) and Goldman Sachs (GS) wrapping up bank earnings on Monday, Johnson & Johnson (JNJ), United Airlines (UAL), AT&T (T), and Snap (SNAP).Economic worries continueLast week, inflation data showed consumer prices accelerated 9.1% year-over-year in June, the fastest annual pace since November 1981.On Wall Street, the figure spurred a wave of speculation that Federal Reserve officials may raise interest rates 100 basis points when they meet later this month. The move would mark the largest interest rate increase in three decades.Analysts at Barclays led by Ajay Rajadhyaksha considered talks of a full percentage hike an “overreaction” in note to clients Wednesday.“We also believe that if the Fed genuinely wants to hike 100bp in July, they would need to signal it to markets before the black-out period starts on July 16,” Barclays said. “Yes, they broke forward guidance at the June meeting by going 75bp despite ruling that out earlier, but the CPI report that month came well into the blackout period, and they felt like they needed to seize control of the inflation narrative.”If the Federal Reserve places too much emphasis on June's CPI reading, the Federal Reserve \"risks creating a sense of panic,\" Andy Sparks, head of portfolio management research at MSCI said in a note.\"It also runs the risk of overshooting and pushing an economy that had been showing signs of weakness into a full scale recession.\"Economists at Bank of America said last week they now expect a \"mild recession\" this year. The firm's equity strategists also updated their S&P 500 target to imply the index will fall 25% from its record high reached on Jan. 3, noting that the average drop in the stock market seen during recessions is 31%.The benchmark was down roughly 19.5% as of Friday's close.On Thursday, Federal Reserve Board of Governors member Christopher Waller said he would be open to backing an increase of one full percentage point if upcoming economic releases point to strong consumer spending but maintained his support for a 0.75% rate.The comments came on the heels of a similar signal made by Atlanta Fed President Raphael Bostic Wednesday, told reporters in St. Petersburg, Florida that “everything is in play” when asked about the possibility of a full percentage point hike.Data on retail sales and inflation expectations out Friday, however, appeared to temper some investor belief that a 1% rate increase will be coming later this month. According to data from the CME Group, markets are now pricing in a 29% chance of a 100 basis point move this month; on Thursday morning, this figure stood north of 80%.—Economic calendarMonday: NAHB Housing Market Index, July (66 expected, 67 during prior month), Net Long-Term TIC Outflows, May ($87.7 billion during prior month), Total Net TIC Outflows, May (1.3 billion during prior month)Tuesday: Housing starts, June (1.590 million expected, 1.549 million during prior month), Building permits, June (1.673 million expected, 1.695 million during prior month), Housing starts, month-over-month, June (2.7% expected, -14.4% during prior month), Building permits, month-over-month, April (-1.3% expected, -7.0% during prior month)Wednesday: MBA Mortgage Applications, week ended July 15 (-1.7% during prior week), Existing Home Sales, June (5.40 million expected, 5.41 million during prior month), Existing Home Sales, month-over-month, June (-0.2% expected, -3.4% during prior month)Thursday: Philadelphia Fed Business Outlook Index, July (-1.0 expected, -3.3 during prior month), Initial jobless claims, week ended July 16 (240,000 expected, 244,000 during prior week), Continuing claims, week ended July 9 (1.345 million expected, 1.331 during prior week), Leading Index, June (-0.5% expected, -0.4% in during prior month)Friday: S&P Global U.S. Manufacturing PMI, July preliminary (51.8 expected, 52.7 during prior month), S&P Global U.S. Global Services PMI, July preliminary (52.4 expected, 52.7 during prior month), S&P Global U.S. Composite PMI, July preliminary (52.3 during prior month)—Earnings calendarMonday:Before market open: Bank of America (BAC), Goldman Sachs (GS), Charles Schwab (SCHW), Synchrony Financial (SYF), Prologis (PLD)After market close: IBM (IBM)Tuesday:Before market open: Johnson & Johnson (JNJ), Truist Financial (TFC), Interactive Brokers (IBKR), J.B. Hunt Transport (JBHT), Cal-Maine Foods (CALM), Ally Financial (ALLY), Lockheed Martin (LMT), Hasbro (HAS), Halliburton (HAL)After market close: Netflix (NFLX)Wednesday:Before market open: Biogen (BIIB), Baker Hughes (BKR), Comerica (CMA), Nasdaq (NDAQ), Abbott Laboratories (ABT), Northern Trust (NTRS)After market close: Tesla (TSLA), United Airlines (UAL), Knight-Swift Transportation (KNX), Steel Dynamics (STLD), Discover Financial (DFS), Equifax (EFX), Elevance Health (ELV), Alcoa (AA), FNB (FNB)Thursday:Before market open: AT&T (T), Travelers (TRV), D.R. Horton (DHI), Blackstone (BX), Union Pacific (UNP), American Airlines (AAL), Dow (DOW), Nokia (NOK), Danaher (DHR), Fifth Third Bancorp (FITB), Tractor Supply (TSCO), Marsh McLennan (MMC), Interpublic (IPG)After market close: Snap (SNAP), Mattel (MAT), PPG Industries (PPG), Domino’s (DPZ), Tenet Healthcare (THC), Boston Beer (SAM),Friday:Before market open: Twitter (TWTR), American Express (AXP), Verizon Communications (VZ), HCA Healthcare (HCA), Schlumberger (SLB), Regions Financial (RF), Cleveland-Cliffs (CLF)After market close: No notable reports scheduled for release.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075557354,"gmtCreate":1658232925778,"gmtModify":1676536125525,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"upload","listText":"upload","text":"upload","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075557354","repostId":"1126892407","repostType":4,"repost":{"id":"1126892407","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":1658224895,"share":"https://ttm.financial/m/news/1126892407?lang=&edition=fundamental","pubTime":"2022-07-19 18:01","market":"us","language":"en","title":"Elon Musk Says He Has \"Already\" Uploaded His Brain To The Cloud","url":"https://stock-news.laohu8.com/highlight/detail?id=1126892407","media":"Benzinga","summary":"Tesla Inc CEO Elon Musk said he has already talked to a virtual version of himself after uploading h","content":"<html><head></head><body><p><b>Tesla Inc</b> CEO <b>Elon Musk</b> said he has already talked to a virtual version of himself after uploading his brain to the cloud.</p><p><b>What Happened:</b>“Already did it,” said Musk on <b>Twitter Inc</b>, in response to a question from <b>Dogecoin</b> founder <b>Billy Markus.</b></p><p><img src=\"https://static.tigerbbs.com/2fd3ecbad63d0afded6fb043a49d0826\" tg-width=\"830\" tg-height=\"457\" referrerpolicy=\"no-referrer\"/></p><p>Musk was presumably referring to his neurotechnology company, <b>Neuralink,</b> which is working on developing a brain-computer interface. The device would allow a computer to translate a person’s thoughts into action, allowing them to perform actions like typing and pressing buttons by merely thinking of them.</p><p>Earlier this year, Fortune reported that, according to Musk, these devices would allow information to be beamed from the computer back into the brain.</p><p>Neuralink is yet to receive FDA approval, but Musk had previously stated that the company plans to start implanting computer chips in human brains by 2022.</p><p>The Neuralink and SpaceX CEO also said that the device would be important for the human species to “figure out” how to coexist with advanced artificial intelligence.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Says He Has \"Already\" Uploaded His Brain To The 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\">\nElon Musk Says He Has \"Already\" Uploaded His Brain To The Cloud\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\">2022-07-19 18:01</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><b>Tesla Inc</b> CEO <b>Elon Musk</b> said he has already talked to a virtual version of himself after uploading his brain to the cloud.</p><p><b>What Happened:</b>“Already did it,” said Musk on <b>Twitter Inc</b>, in response to a question from <b>Dogecoin</b> founder <b>Billy Markus.</b></p><p><img src=\"https://static.tigerbbs.com/2fd3ecbad63d0afded6fb043a49d0826\" tg-width=\"830\" tg-height=\"457\" referrerpolicy=\"no-referrer\"/></p><p>Musk was presumably referring to his neurotechnology company, <b>Neuralink,</b> which is working on developing a brain-computer interface. The device would allow a computer to translate a person’s thoughts into action, allowing them to perform actions like typing and pressing buttons by merely thinking of them.</p><p>Earlier this year, Fortune reported that, according to Musk, these devices would allow information to be beamed from the computer back into the brain.</p><p>Neuralink is yet to receive FDA approval, but Musk had previously stated that the company plans to start implanting computer chips in human brains by 2022.</p><p>The Neuralink and SpaceX CEO also said that the device would be important for the human species to “figure out” how to coexist with advanced artificial intelligence.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126892407","content_text":"Tesla Inc CEO Elon Musk said he has already talked to a virtual version of himself after uploading his brain to the cloud.What Happened:“Already did it,” said Musk on Twitter Inc, in response to a question from Dogecoin founder Billy Markus.Musk was presumably referring to his neurotechnology company, Neuralink, which is working on developing a brain-computer interface. The device would allow a computer to translate a person’s thoughts into action, allowing them to perform actions like typing and pressing buttons by merely thinking of them.Earlier this year, Fortune reported that, according to Musk, these devices would allow information to be beamed from the computer back into the brain.Neuralink is yet to receive FDA approval, but Musk had previously stated that the company plans to start implanting computer chips in human brains by 2022.The Neuralink and SpaceX CEO also said that the device would be important for the human species to “figure out” how to coexist with advanced artificial intelligence.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078527094,"gmtCreate":1657719510618,"gmtModify":1676536050717,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078527094","repostId":"1122742419","repostType":4,"repost":{"id":"1122742419","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657719175,"share":"https://ttm.financial/m/news/1122742419?lang=&edition=fundamental","pubTime":"2022-07-13 21:32","market":"us","language":"en","title":"Dow Sinks 300 Points on the Back of June’s Hot Inflation Report","url":"https://stock-news.laohu8.com/highlight/detail?id=1122742419","media":"Tiger Newspress","summary":"U.S. Stock futures slid on Wednesday after June inflation data came in hotter-than-expected, contrib","content":"<html><head></head><body><p>U.S. Stock futures slid on Wednesday after June inflation data came in hotter-than-expected, contributing to growing fears that the Federal Reserve will get more aggressive in its fight to tame rising prices.</p><p>Futures tied Dow Jones Industrial Average dropped 300 points, or 0.98%. S&amp;P 500 futures fell 1.27% and Nasdaq 100 futures lost 1.78%.</p><p>“There’s no spinning this, other than the Fed has to get more aggressive near term and crush demand. that cements a recession now, ” said Liz Ann Sonders of Charles Schwab. “I think a recession is an inevitability.”</p><p>The consumer price index rose 9.1% on a year-over-year basis in June, coming in even higher than May’s 8.6% reading, which was the biggest increase since 1981. Economists surveyed by Dow Jones’ had anticipated an 8.8% print.</p><p>Core CPI, which excludes food and energy prices, came in at 5.9% and above the 5.7% estimate.</p><p>“The market is anticipating that June will be the new peak,” said Lindsey Bell, Ally’s chief markets and money strategist. “The reading is likely to confirm what the jobs report on Friday told us – that the Fed will stick to their aggressive rate tightening timeline.”</p><p>The hot reading could prompt the central bank to hike another 75 basis points during this month’s meeting or raise expectations of an even larger increase to tame surging prices. Last month, the Fed raised its benchmark interest rates three-quarters of a percentage point to a range of 1.5%-1.75% in its most aggressive hike since 1994.</p><p>“The core is chugging along at a frightening clip,” said Michael Schumacher at Wells Fargo.</p><p>Fed funds futures are now pricing in an 81 basis points rate hike for July. That would indicate that some in the market expect a rate hike of more than 75 basis points, and 100 could happen.</p><p>“With core running this strong, the Fed can’t ignore that. This is a bad number,” he said.</p><p>Treasury yields and the dollar surged on the news. The 10-year rate added 7 basis points to trade at 3.03%, while the 2-year jumped 11 basis points to 3.16% as the euro fell below parity with the U.S. dollar.</p><p>Along with inflation data, investors on Wednesday continued to monitor second-quarter earnings for clues into the health of U.S. companies. Delta Air Lines shares slipped 3.5% in premarket trading after posting mixed results. Major banks including JPMorgan and Morgan Stanley are slated to post results Thursday.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Sinks 300 Points on the Back of June’s Hot Inflation Report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nDow Sinks 300 Points on the Back of June’s Hot Inflation Report\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-13 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. Stock futures slid on Wednesday after June inflation data came in hotter-than-expected, contributing to growing fears that the Federal Reserve will get more aggressive in its fight to tame rising prices.</p><p>Futures tied Dow Jones Industrial Average dropped 300 points, or 0.98%. S&amp;P 500 futures fell 1.27% and Nasdaq 100 futures lost 1.78%.</p><p>“There’s no spinning this, other than the Fed has to get more aggressive near term and crush demand. that cements a recession now, ” said Liz Ann Sonders of Charles Schwab. “I think a recession is an inevitability.”</p><p>The consumer price index rose 9.1% on a year-over-year basis in June, coming in even higher than May’s 8.6% reading, which was the biggest increase since 1981. Economists surveyed by Dow Jones’ had anticipated an 8.8% print.</p><p>Core CPI, which excludes food and energy prices, came in at 5.9% and above the 5.7% estimate.</p><p>“The market is anticipating that June will be the new peak,” said Lindsey Bell, Ally’s chief markets and money strategist. “The reading is likely to confirm what the jobs report on Friday told us – that the Fed will stick to their aggressive rate tightening timeline.”</p><p>The hot reading could prompt the central bank to hike another 75 basis points during this month’s meeting or raise expectations of an even larger increase to tame surging prices. Last month, the Fed raised its benchmark interest rates three-quarters of a percentage point to a range of 1.5%-1.75% in its most aggressive hike since 1994.</p><p>“The core is chugging along at a frightening clip,” said Michael Schumacher at Wells Fargo.</p><p>Fed funds futures are now pricing in an 81 basis points rate hike for July. That would indicate that some in the market expect a rate hike of more than 75 basis points, and 100 could happen.</p><p>“With core running this strong, the Fed can’t ignore that. This is a bad number,” he said.</p><p>Treasury yields and the dollar surged on the news. The 10-year rate added 7 basis points to trade at 3.03%, while the 2-year jumped 11 basis points to 3.16% as the euro fell below parity with the U.S. dollar.</p><p>Along with inflation data, investors on Wednesday continued to monitor second-quarter earnings for clues into the health of U.S. companies. Delta Air Lines shares slipped 3.5% in premarket trading after posting mixed results. Major banks including JPMorgan and Morgan Stanley are slated to post results Thursday.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122742419","content_text":"U.S. Stock futures slid on Wednesday after June inflation data came in hotter-than-expected, contributing to growing fears that the Federal Reserve will get more aggressive in its fight to tame rising prices.Futures tied Dow Jones Industrial Average dropped 300 points, or 0.98%. S&P 500 futures fell 1.27% and Nasdaq 100 futures lost 1.78%.“There’s no spinning this, other than the Fed has to get more aggressive near term and crush demand. that cements a recession now, ” said Liz Ann Sonders of Charles Schwab. “I think a recession is an inevitability.”The consumer price index rose 9.1% on a year-over-year basis in June, coming in even higher than May’s 8.6% reading, which was the biggest increase since 1981. Economists surveyed by Dow Jones’ had anticipated an 8.8% print.Core CPI, which excludes food and energy prices, came in at 5.9% and above the 5.7% estimate.“The market is anticipating that June will be the new peak,” said Lindsey Bell, Ally’s chief markets and money strategist. “The reading is likely to confirm what the jobs report on Friday told us – that the Fed will stick to their aggressive rate tightening timeline.”The hot reading could prompt the central bank to hike another 75 basis points during this month’s meeting or raise expectations of an even larger increase to tame surging prices. Last month, the Fed raised its benchmark interest rates three-quarters of a percentage point to a range of 1.5%-1.75% in its most aggressive hike since 1994.“The core is chugging along at a frightening clip,” said Michael Schumacher at Wells Fargo.Fed funds futures are now pricing in an 81 basis points rate hike for July. That would indicate that some in the market expect a rate hike of more than 75 basis points, and 100 could happen.“With core running this strong, the Fed can’t ignore that. This is a bad number,” he said.Treasury yields and the dollar surged on the news. The 10-year rate added 7 basis points to trade at 3.03%, while the 2-year jumped 11 basis points to 3.16% as the euro fell below parity with the U.S. dollar.Along with inflation data, investors on Wednesday continued to monitor second-quarter earnings for clues into the health of U.S. companies. Delta Air Lines shares slipped 3.5% in premarket trading after posting mixed results. Major banks including JPMorgan and Morgan Stanley are slated to post results Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9071245175,"gmtCreate":1657547156097,"gmtModify":1676536023144,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071245175","repostId":"1171662108","repostType":4,"repost":{"id":"1171662108","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657546383,"share":"https://ttm.financial/m/news/1171662108?lang=&edition=fundamental","pubTime":"2022-07-11 21:33","market":"us","language":"en","title":"U.S. Stocks Slide to Start the Week As Wall Street Prepares for Earnings Season to Kick off","url":"https://stock-news.laohu8.com/highlight/detail?id=1171662108","media":"Tiger Newspress","summary":"U.S. equities futures fell early Monday morning as Wall Street looked ahead to big company earnings ","content":"<html><head></head><body><p>U.S. equities futures fell early Monday morning as Wall Street looked ahead to big company earnings reports slated for later in the week.</p><p>Futures tied to the Dow Jones Industrial Average slipped by 173 points, or 0.55%. S&amp;P 500 futures fell 0.64%, and Nasdaq 100 futures lost 0.69%.</p><p>Twitter shares fell 5% in the premarket after Elon Muskterminated a deal worth $44 billion to buy the social media company. The billionaire took issue with the number of bots and fake accounts on the platform and said Twitter wasn’t being truthful about how authentic activity on the platform was. However, the company said it gave Musk the information he needed to assess the claims.</p><p>Monday’s moves lower come on the back of worsening Covid trends in China, with Shanghai detecting its first case of the BA.5 subvariant and Macau closing its casinos for a week.</p><p>“COVID headwinds aren’t just a Chinese phenomenon – cases are climbing globally, although the risk of lockdowns in the US and EU remains extremely low,” wrote Adam Crisafulli of Vital Knowledge.</p><p>Wall Street is coming off a mixed session in which the Dow and S&amp;P 500 fell slightly, while the Nasdaq Compositerose for a fifth straight day. All of the major averages secured a winning week after astronger-than-expected jobs reportFriday showed that the economic downturn worrying investors has not yet arrived and added to positive sentiment.</p><p>Still, the 2-year Treasury yield hovered above its 10-year counterpart, an inversion many see as a recession indicator. The 2-year rate on Monday traded at 3.08%, roughly 2 basis points above the 10-year.</p><p>“While the markets ended in solid green for the week, investors should brace for continued volatility in July, with ongoing uncertainties looming with respect to inflation, Fed policy, recession concerns, the enduring Russia-Ukraine war, all as we also move into corporate earnings season,” said Greg Bassuk, chief executive officer at AXS Investments.</p><p>The jobs report, while good for the economy, could embolden the Federal Reserve to continue its aggressive rate hikes in the coming months to fight persistently high inflation. It will betested this weekwith a slew of earnings from major banks and consumer inflation data this week on deck.</p><p>“With recessionary fears weighing on the markets, investors are hyper-focused on corporate earnings for greater clues about the health of corporate America and the broader U.S. economy,” Bassuk said.</p><p>“A sharper lens will be needed to dissect these earnings reports, as a strong second quarter might be accompanied by very conservative outlooks,” he added. “As commodity and other producer costs remain high, companies will be factoring in the extent to which those heightened prices can be passed on to consumers and, likewise, how to keep earnings vigorous amid economic, geopolitical and other key headwinds.</p><p>PepsiCo and Delta Air Lines are scheduled to report earnings Tuesday and Wednesday. JPMorgan Chase, Morgan Stanley, Wells Fargo and Citigroup are set to report at the end of the week.</p><p>Investors are also looking ahead to the release of June’s consumer price index on Wednesday, which is expected to show headline inflation, including food and energy,rising above May’s 8.6% level.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Stocks Slide to Start the Week As Wall Street Prepares for Earnings Season to Kick off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Stocks Slide to Start the Week As Wall Street Prepares for Earnings Season to Kick off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-11 21:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. equities futures fell early Monday morning as Wall Street looked ahead to big company earnings reports slated for later in the week.</p><p>Futures tied to the Dow Jones Industrial Average slipped by 173 points, or 0.55%. S&amp;P 500 futures fell 0.64%, and Nasdaq 100 futures lost 0.69%.</p><p>Twitter shares fell 5% in the premarket after Elon Muskterminated a deal worth $44 billion to buy the social media company. The billionaire took issue with the number of bots and fake accounts on the platform and said Twitter wasn’t being truthful about how authentic activity on the platform was. However, the company said it gave Musk the information he needed to assess the claims.</p><p>Monday’s moves lower come on the back of worsening Covid trends in China, with Shanghai detecting its first case of the BA.5 subvariant and Macau closing its casinos for a week.</p><p>“COVID headwinds aren’t just a Chinese phenomenon – cases are climbing globally, although the risk of lockdowns in the US and EU remains extremely low,” wrote Adam Crisafulli of Vital Knowledge.</p><p>Wall Street is coming off a mixed session in which the Dow and S&amp;P 500 fell slightly, while the Nasdaq Compositerose for a fifth straight day. All of the major averages secured a winning week after astronger-than-expected jobs reportFriday showed that the economic downturn worrying investors has not yet arrived and added to positive sentiment.</p><p>Still, the 2-year Treasury yield hovered above its 10-year counterpart, an inversion many see as a recession indicator. The 2-year rate on Monday traded at 3.08%, roughly 2 basis points above the 10-year.</p><p>“While the markets ended in solid green for the week, investors should brace for continued volatility in July, with ongoing uncertainties looming with respect to inflation, Fed policy, recession concerns, the enduring Russia-Ukraine war, all as we also move into corporate earnings season,” said Greg Bassuk, chief executive officer at AXS Investments.</p><p>The jobs report, while good for the economy, could embolden the Federal Reserve to continue its aggressive rate hikes in the coming months to fight persistently high inflation. It will betested this weekwith a slew of earnings from major banks and consumer inflation data this week on deck.</p><p>“With recessionary fears weighing on the markets, investors are hyper-focused on corporate earnings for greater clues about the health of corporate America and the broader U.S. economy,” Bassuk said.</p><p>“A sharper lens will be needed to dissect these earnings reports, as a strong second quarter might be accompanied by very conservative outlooks,” he added. “As commodity and other producer costs remain high, companies will be factoring in the extent to which those heightened prices can be passed on to consumers and, likewise, how to keep earnings vigorous amid economic, geopolitical and other key headwinds.</p><p>PepsiCo and Delta Air Lines are scheduled to report earnings Tuesday and Wednesday. JPMorgan Chase, Morgan Stanley, Wells Fargo and Citigroup are set to report at the end of the week.</p><p>Investors are also looking ahead to the release of June’s consumer price index on Wednesday, which is expected to show headline inflation, including food and energy,rising above May’s 8.6% level.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171662108","content_text":"U.S. equities futures fell early Monday morning as Wall Street looked ahead to big company earnings reports slated for later in the week.Futures tied to the Dow Jones Industrial Average slipped by 173 points, or 0.55%. S&P 500 futures fell 0.64%, and Nasdaq 100 futures lost 0.69%.Twitter shares fell 5% in the premarket after Elon Muskterminated a deal worth $44 billion to buy the social media company. The billionaire took issue with the number of bots and fake accounts on the platform and said Twitter wasn’t being truthful about how authentic activity on the platform was. However, the company said it gave Musk the information he needed to assess the claims.Monday’s moves lower come on the back of worsening Covid trends in China, with Shanghai detecting its first case of the BA.5 subvariant and Macau closing its casinos for a week.“COVID headwinds aren’t just a Chinese phenomenon – cases are climbing globally, although the risk of lockdowns in the US and EU remains extremely low,” wrote Adam Crisafulli of Vital Knowledge.Wall Street is coming off a mixed session in which the Dow and S&P 500 fell slightly, while the Nasdaq Compositerose for a fifth straight day. All of the major averages secured a winning week after astronger-than-expected jobs reportFriday showed that the economic downturn worrying investors has not yet arrived and added to positive sentiment.Still, the 2-year Treasury yield hovered above its 10-year counterpart, an inversion many see as a recession indicator. The 2-year rate on Monday traded at 3.08%, roughly 2 basis points above the 10-year.“While the markets ended in solid green for the week, investors should brace for continued volatility in July, with ongoing uncertainties looming with respect to inflation, Fed policy, recession concerns, the enduring Russia-Ukraine war, all as we also move into corporate earnings season,” said Greg Bassuk, chief executive officer at AXS Investments.The jobs report, while good for the economy, could embolden the Federal Reserve to continue its aggressive rate hikes in the coming months to fight persistently high inflation. It will betested this weekwith a slew of earnings from major banks and consumer inflation data this week on deck.“With recessionary fears weighing on the markets, investors are hyper-focused on corporate earnings for greater clues about the health of corporate America and the broader U.S. economy,” Bassuk said.“A sharper lens will be needed to dissect these earnings reports, as a strong second quarter might be accompanied by very conservative outlooks,” he added. “As commodity and other producer costs remain high, companies will be factoring in the extent to which those heightened prices can be passed on to consumers and, likewise, how to keep earnings vigorous amid economic, geopolitical and other key headwinds.PepsiCo and Delta Air Lines are scheduled to report earnings Tuesday and Wednesday. JPMorgan Chase, Morgan Stanley, Wells Fargo and Citigroup are set to report at the end of the week.Investors are also looking ahead to the release of June’s consumer price index on Wednesday, which is expected to show headline inflation, including food and energy,rising above May’s 8.6% level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":33,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906632418,"gmtCreate":1659533427536,"gmtModify":1705981311532,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906632418","repostId":"2256024965","repostType":4,"repost":{"id":"2256024965","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":1659531623,"share":"https://ttm.financial/m/news/2256024965?lang=&edition=fundamental","pubTime":"2022-08-03 21:00","market":"us","language":"en","title":"Meme Stock Traders Have a New Favorite: Hong Kong's AMTD Digital","url":"https://stock-news.laohu8.com/highlight/detail?id=2256024965","media":"Reuters","summary":"(Reuters) - Shares of AMTD Digital on Wednesday extended an eye-popping rally fueled by retail inves","content":"<html><head></head><body><p>(Reuters) - Shares of <a href=\"https://laohu8.com/S/HKD\">AMTD Digital</a> on Wednesday extended an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech&#39;s market value past that of Facebook-owner <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>.</p><p>AMTD&#39;s shares rose another 6% in morning trading on Wednesday. The company&#39;s market capitalization surged above $320 billion, reminding investors of the meme stock mania last year that drove record rallies in shares of companies such as <a href=\"https://laohu8.com/S/GME\">GameStop</a> and <a href=\"https://laohu8.com/S/AMC\">AMC</a>.</p><p>The stock has soared about 22720% since its July IPO, when it listed at a price of $7.80.</p><p><img src=\"https://static.tigerbbs.com/b3565daddec675f526491af45f7725bf\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>&#34;It is clearly the newest meme stock with bands of retail traders purchasing the stock at the same time, pushing the price sharply higher,&#34; said <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> Scholar, head of investment at Interactive Investor.</p><p>Scholar added that the bullish momentum was being exacerbated by short covering to offset losses by hedge funds with bearish positions on the stock.</p><p>The fintech company, which provides loans and services to startups in exchange for fees, has a low float and is tightly controlled by parent company AMTD Idea.</p><p>AMTD Digital said on Tuesday there was no material change or event related to the company&#39;s business and operating activities since the IPO date and that it was monitoring the share volatility.</p><p>There has been a similar surge in some other recently listed U.S. companies, including Getty Images which jumped over 200% since its debut on July 25.</p><p>&#34;There is no quantifiable reason for the behaviour, or trajectory, as moves are sentiment driven, with these feelings being based on little information,&#34; said Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown.</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>Meme Stock Traders Have a New Favorite: Hong Kong's AMTD Digital</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\">\nMeme Stock Traders Have a New Favorite: Hong Kong's AMTD Digital\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-03 21:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Shares of <a href=\"https://laohu8.com/S/HKD\">AMTD Digital</a> on Wednesday extended an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech&#39;s market value past that of Facebook-owner <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>.</p><p>AMTD&#39;s shares rose another 6% in morning trading on Wednesday. The company&#39;s market capitalization surged above $320 billion, reminding investors of the meme stock mania last year that drove record rallies in shares of companies such as <a href=\"https://laohu8.com/S/GME\">GameStop</a> and <a href=\"https://laohu8.com/S/AMC\">AMC</a>.</p><p>The stock has soared about 22720% since its July IPO, when it listed at a price of $7.80.</p><p><img src=\"https://static.tigerbbs.com/b3565daddec675f526491af45f7725bf\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"/></p><p>&#34;It is clearly the newest meme stock with bands of retail traders purchasing the stock at the same time, pushing the price sharply higher,&#34; said <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> Scholar, head of investment at Interactive Investor.</p><p>Scholar added that the bullish momentum was being exacerbated by short covering to offset losses by hedge funds with bearish positions on the stock.</p><p>The fintech company, which provides loans and services to startups in exchange for fees, has a low float and is tightly controlled by parent company AMTD Idea.</p><p>AMTD Digital said on Tuesday there was no material change or event related to the company&#39;s business and operating activities since the IPO date and that it was monitoring the share volatility.</p><p>There has been a similar surge in some other recently listed U.S. companies, including Getty Images which jumped over 200% since its debut on July 25.</p><p>&#34;There is no quantifiable reason for the behaviour, or trajectory, as moves are sentiment driven, with these feelings being based on little information,&#34; said Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HKD":"尚乘数科"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256024965","content_text":"(Reuters) - Shares of AMTD Digital on Wednesday extended an eye-popping rally fueled by retail investors this week that briefly took the Hong Kong-based fintech's market value past that of Facebook-owner Meta Platforms.AMTD's shares rose another 6% in morning trading on Wednesday. The company's market capitalization surged above $320 billion, reminding investors of the meme stock mania last year that drove record rallies in shares of companies such as GameStop and AMC.The stock has soared about 22720% since its July IPO, when it listed at a price of $7.80.\"It is clearly the newest meme stock with bands of retail traders purchasing the stock at the same time, pushing the price sharply higher,\" said Victoria Scholar, head of investment at Interactive Investor.Scholar added that the bullish momentum was being exacerbated by short covering to offset losses by hedge funds with bearish positions on the stock.The fintech company, which provides loans and services to startups in exchange for fees, has a low float and is tightly controlled by parent company AMTD Idea.AMTD Digital said on Tuesday there was no material change or event related to the company's business and operating activities since the IPO date and that it was monitoring the share volatility.There has been a similar surge in some other recently listed U.S. companies, including Getty Images which jumped over 200% since its debut on July 25.\"There is no quantifiable reason for the behaviour, or trajectory, as moves are sentiment driven, with these feelings being based on little information,\" said Sophie Lund-Yates, lead equity analyst at Hargreaves Lansdown.","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077732046,"gmtCreate":1658577245785,"gmtModify":1676536178624,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077732046","repostId":"2253658190","repostType":4,"repost":{"id":"2253658190","pubTimestamp":1658535269,"share":"https://ttm.financial/m/news/2253658190?lang=&edition=fundamental","pubTime":"2022-07-23 08:14","market":"us","language":"en","title":"What Is Going on With Alphabet Stock Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2253658190","media":"InvestorPlace","summary":"Alphabet dropped more than 5% today as investors priced in poor earnings from other ad-related compa","content":"<html><head></head><body><ul><li>Alphabet dropped more than 5% today as investors priced in poor earnings from other ad-related companies.</li><li>Additionally, concerns around the potential for fines out of the U.K. have investors on edge.</li><li>With the company&#39;s stock split officially in the rearview mirror, investors are finding few catalysts on the horizon.</li></ul><p><img src=\"https://static.tigerbbs.com/cdb45c167e367ede602e740013e84dde\" tg-width=\"768\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/></p><p>For investors in Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), it’s been a trying year. Yes, there have been some flurries of hope for this mega-cap online tech player. However, GOOG stock has underperformed the expectations of many investors, now down more than 25% on a year-to-date basis.</p><p>Today, GOOG stock is down another 7% as investors price in a flurry of catalysts.</p><p>The first is a lackluster earnings report from social media company <a href=\"https://laohu8.com/S/SNAP\">Snap</a>. The parent company of Snapchat reported some rather dismal numbers, missing estimates and posting a wider-than-expected free cash flow loss. Accordingly, concerns around digital ad spending are growing. This is a pertinent issue for companies such as Alphabet, whose Google division provides the lion’s share of revenues and cash flows.</p><p>Other key drivers that appear to be in play today are concerns around compensation for fraud victims in the U.K., as well as the potential that post-stock split, GOOG stock doesn’t really have much in the way of positive catalysts to take this stock higher.</p><p>Let’s dive into what to make of today’s impressive move in Alphabet.</p><h2>Is GOOG Stock a Buy on Today’s Impressive Decline?</h2><p>Seeing a mega-cap stock like Alphabet lose more than 7% of its value in a single day is indeed a big move. With billions of dollars of valuation wiped out, investors may consider this stock a great buy. After all, the company now trades around 18 times earnings following this decline.</p><p>However, there are plenty of headwinds investors are factoring in right now. Earnings for other digital ad-oriented companies are getting hit hard. And while Google’s underlying business model is fundamentally different from Snap’s, it’s clear that investors are taking a cautious approach to this sector right now.</p><p>Accordingly, while it is interesting to see GOOG stock trade around the $107 mark (at the time of writing), the fact that this stock split has officially happened takes away one of the key non-fundamental drivers Alphabet had. In the absence of other catalysts, investors appear to have lost interest. In this market, that can mean significant near-term downside pressure, such as what we’re seeing today.</p><p>While I think GOOG stock is a great long-term bet, it may be a bumpy few months ahead. Until we get an indication of where this economy is heading, it’s likely going to be turbulent for all stocks. Indeed, seeing Alphabet drop as it has today should be an indication of this for investors.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Is Going on With Alphabet Stock Friday?</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\">\nWhat Is Going on With Alphabet Stock Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-23 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/07/what-is-going-on-with-alphabet-goog-stock-today/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet dropped more than 5% today as investors priced in poor earnings from other ad-related companies.Additionally, concerns around the potential for fines out of the U.K. have investors on edge....</p>\n\n<a href=\"https://investorplace.com/2022/07/what-is-going-on-with-alphabet-goog-stock-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://investorplace.com/2022/07/what-is-going-on-with-alphabet-goog-stock-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253658190","content_text":"Alphabet dropped more than 5% today as investors priced in poor earnings from other ad-related companies.Additionally, concerns around the potential for fines out of the U.K. have investors on edge.With the company's stock split officially in the rearview mirror, investors are finding few catalysts on the horizon.For investors in Alphabet (NASDAQ:GOOG, NASDAQ:GOOGL), it’s been a trying year. Yes, there have been some flurries of hope for this mega-cap online tech player. However, GOOG stock has underperformed the expectations of many investors, now down more than 25% on a year-to-date basis.Today, GOOG stock is down another 7% as investors price in a flurry of catalysts.The first is a lackluster earnings report from social media company Snap. The parent company of Snapchat reported some rather dismal numbers, missing estimates and posting a wider-than-expected free cash flow loss. Accordingly, concerns around digital ad spending are growing. This is a pertinent issue for companies such as Alphabet, whose Google division provides the lion’s share of revenues and cash flows.Other key drivers that appear to be in play today are concerns around compensation for fraud victims in the U.K., as well as the potential that post-stock split, GOOG stock doesn’t really have much in the way of positive catalysts to take this stock higher.Let’s dive into what to make of today’s impressive move in Alphabet.Is GOOG Stock a Buy on Today’s Impressive Decline?Seeing a mega-cap stock like Alphabet lose more than 7% of its value in a single day is indeed a big move. With billions of dollars of valuation wiped out, investors may consider this stock a great buy. After all, the company now trades around 18 times earnings following this decline.However, there are plenty of headwinds investors are factoring in right now. Earnings for other digital ad-oriented companies are getting hit hard. And while Google’s underlying business model is fundamentally different from Snap’s, it’s clear that investors are taking a cautious approach to this sector right now.Accordingly, while it is interesting to see GOOG stock trade around the $107 mark (at the time of writing), the fact that this stock split has officially happened takes away one of the key non-fundamental drivers Alphabet had. In the absence of other catalysts, investors appear to have lost interest. In this market, that can mean significant near-term downside pressure, such as what we’re seeing today.While I think GOOG stock is a great long-term bet, it may be a bumpy few months ahead. Until we get an indication of where this economy is heading, it’s likely going to be turbulent for all stocks. Indeed, seeing Alphabet drop as it has today should be an indication of this for investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":427,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075062764,"gmtCreate":1658112645558,"gmtModify":1676536107647,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"yes","listText":"yes","text":"yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075062764","repostId":"2251463152","repostType":4,"repost":{"id":"2251463152","pubTimestamp":1658112569,"share":"https://ttm.financial/m/news/2251463152?lang=&edition=fundamental","pubTime":"2022-07-18 10:49","market":"us","language":"en","title":"Meta: A Bargain Despite The Challenges","url":"https://stock-news.laohu8.com/highlight/detail?id=2251463152","media":"Seekingalpha","summary":"Meta Platforms, Inc. (NASDAQ: META) is a technology company known to virtually every investor in the","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, Inc. (NASDAQ: META) is a technology company known to virtually every investor in the world. Formerly known as Facebook, Meta has claimed its place as one of the biggest tech companies in the entire world, with platforms like Instagram and WhatsApp under its belt. However, despite the company&#39;s massive growth over the years, its stock price is way below its all-time high of $384.33. The stock currently trades at less than half of this number - to be specific, a humble $159 at the time of writing this article. Does this represent a buying opportunity, or is there definitely more pain to come?</p><h2>Advertising and sales</h2><p>Firstly, let&#39;s establish that Meta is an advertising powerhouse, with advertising revenue making up a large majority of its sales.</p><h3>2022 Q1 performance</h3><p>In the first quarter of 2022, the company reported $27b in ad revenue, representing a 6% YoY growth. Total sales were $27.9b, representing a 7% YoY growth. We also see that the daily active users on the Facebook platform is up 4%, and currently sits at a whopping 1.96b. The company has done decently well in the first quarter of 2022. However, the company has mentioned that Q2 sales projections were on the lower side ($28b to $30b), which would represent a YoY decline for the very first time in Meta&#39;s history. Nonetheless, there was rather positive reception in the most recent earnings report, and it seems that the company is still on a decent trajectory.</p><h3>Growth</h3><p>Meta&#39;s ability to generate sales through advertising on its platforms has cemented the company as one of the largest tech powerhouses in the world today. However, many questions are being asked about the slowing growth in such metrics.</p><p></p><p><img src=\"https://static.tigerbbs.com/93598b9438fbcd57380fa470cb1f7f6f\" tg-width=\"640\" tg-height=\"243\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta&#39;s Quarterly Ad Revenue (Reuters)</p><p></p><p></p><p><img src=\"https://static.tigerbbs.com/426e1f36928f6af702dcdf8e5cb87ab8\" tg-width=\"640\" tg-height=\"391\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta&#39;s Quarterly Revenue (Reuters)</p><p>While we see the clear exponential growth in the earlier years, we&#39;re also starting to see slowing growth in ad revenue and total sales in the later years. This is largely due to slowing user growth which may have arisen due to intense competition in the industry, or other possible concerns (more on that later in the article). The fall-off in growth has raised many eyebrows, with analysts downgrading the stock as it no longer seems to be a good value play in the long term.</p><p>There&#39;s lots of talk about how people &#34;don&#39;t even use Facebook anymore,&#34; and that &#34;user growth has come to a halt.&#34; I must concede that considering the previous user growth rates that Meta was at, we were bound to see a fall-off - and it&#39;s not just the fact that there are competitors gaining market share, but also because there&#39;s an absolute limit to how far we can go in terms of user growth, because they&#39;re only that many people (with internet access) in the world! Meta has grown to a point where it has almost 2 billion daily users on the Facebook platform, as reported in this year&#39;s Q1 results.</p><p>For some reference, there is an estimated total of 5 billion people in the world who use the internet today, which means that 40% of the internet-using global population are on Facebook every day. As such, the company or its platforms are not &#34;dead&#34; by any means, and to say that slowing user growth means that investing in Meta is a bad decision is rather myopic. I would argue that another important metric we could consider is the average revenue per user (ARPU), which can definitely be maximized to get the company&#39;s revenue back on track.</p><p></p><p><img src=\"https://static.tigerbbs.com/a7717feb59b1a304a5711761726b64c5\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Meta&#39;s Annual Average Revenue Per User (ARPU) (Statista)</p><p>We see that the ARPU is still on a steady rise. In other words, the company is earning more from each user, though we may be seeing slowing growth in total sales due to a decline in users. With appropriate steps taken in the direction of research and innovation, Meta could stay on track and gain more in sales despite the slowing user growth. However, whether Meta can do this is a question that remains unanswered. We&#39;ll go deeper into this as we progress through the article.</p><h2>Competition</h2><p>With the introduction of many new companies and social media platforms, Meta definitely faces very strong competition. One of the most notable competitors is TikTok, which has taken the world by storm.</p><h3>About TikTok</h3><p>TikTok is owned by private Chinese company ByteDance. If you&#39;ve never heard of the TikTok platform, it&#39;s basically a social media platform focused on short videos. However, the extremely user-friendly interface, together with many other features which facilitate content creation and user communication, have caused TikTok to blow up in growth rates. To give you some perspective, an article from Investopedia has reported that:</p><blockquote>In 2021, TikTok surpassed 1 billion users, just four years after its global launch—half the time it took Facebook, YouTube, or Instagram to reach that milestone, and three years faster than WhatsApp.&#34;</blockquote><p>It&#39;s no wonder Meta is seeing a slump in user growth rates. TikTok&#39;s growth story can almost be described as miraculous, and there seems to be no sign of stopping just yet. In the same report, we also see that</p><blockquote>TikTok became the world&#39;s third-largest social network in 2021, behind Meta&#39;s Facebook and Instagram, and is projected to exceed a 20% market share in 2022 and about 25% by 2024.&#34;</blockquote><p>The projected market share growth means trouble for Meta, whose market share is already on a decline. The threat presented by TikTok is not negligible by any means.</p><h3>Meta&#39;s response</h3><p>In response to the boom of TikTok, Meta has released Reels, which is a feature on Facebook and Instagram that works in a similar fashion to TikTok. The main difference is that Reels is an add-on to Facebook and Instagram which works in conjunction with the platforms&#39; other features, while TikTok is, in itself, a social media platform. The introduction of Reels has seen considerable success, with the new feature making up over 20% of the time users spend on Instagram, according to an article by TechCrunch.</p><p>However, Mark Zuckerberg did point out that it was not easy to monetize this new feature, and considers the monetization of Reels to be a &#34;multiyear journey.&#34; He also mentioned that the company was carrying out R&amp;D to design a better recommendation algorithm, which he believes is the root of TikTok&#39;s massive success. It&#39;s good that we see a clear and tangible plan moving forward, but whether it eventually helps Meta get to where it wants to be is uncertain.</p><h2>Metaverse</h2><p>One of the biggest talking points about Meta is its huge investment in the metaverse. For those of you who don&#39;t exactly know what the metaverse is, it is</p><blockquote>a network of 3D virtual worlds focused on social connection&#34;</blockquote><p>according to Wikipedia.</p><h3>Metaverse products</h3><p>So, how does Meta plan to be involved? Meta has invested a massive $10b into the metaverse, and it turns out that Mark Zuckerberg has an entire line of projects planned out as he believes that it will be a huge part of our lives in the future. Let&#39;s go over some of them.</p><h4>Horizon Worlds</h4><p>Horizon Worlds is Meta&#39;s virtual reality (VR) social platform, and it functions as a virtual world where users are able to carry out daily activities such as interacting with people, attending meetings, commerce etc. with the help of the Quest VR headset. Meta intends to continue improving the platform by introducing more features and regulating inappropriate actions so that Horizon Worlds eventually becomes a safe space detached from reality where people are able to do things seamlessly in an interactive and customizable virtual world. In February 2022 this year, the platform hit 300000 users, which is a tenfold increase compared to the same number three months prior to that. In addition, Meta plans to release this platform for mobile phone users.</p><h4>Project Cambria</h4><p>Project Cambria focuses on the development of a brand new state-of-the-art VR headset. According to an article on Topic Insights,</p><blockquote>These new goggles would allow avatars to make natural eye contact and reflect your facial expressions in real-time through sensors.&#34;</blockquote><p>The product is dubbed the &#34;Oculus Quest Pro&#34;, a name inspired by the famous Oculus Quest VR headset, which has now been rebranded as the Meta Quest VR headset. Mark Zuckerberg described the new offering to be</p><blockquote>a completely new advanced and high-end product&#34;</blockquote><p>which will sit</p><blockquote>at the higher end of the price spectrum.”</blockquote><h4>Project Nazare</h4><p>Project Nazare focuses on the development of Meta&#39;s first full augmented reality (AR) glasses. According to XR Today,</p><blockquote>Project Nazare can be defined as an AR glasses device that would allow the wearer to communicate with others on their network, view people as 3D avatars, and interact with them in real-time aided by 3D digital assets, tools, and props.&#34;</blockquote><p>Some features of these AR glasses include a wide field of view, an advanced and sophisticated hologram display and multiple embedded sensors.</p><h3>Long-term feasibility</h3><p>With all these things lined up for the metaverse, the feasibility of it all raises many question marks. A move towards a virtual or augmented reality in general is a huge paradigm shift, and the extent to which this can be done is still relatively unexplored. Meta&#39;s profit has been dragged down significantly due to its heavy investment in the metaverse, and it&#39;s not certain whether this investment would pay off in the way Meta expects it to. At present, Meta&#39;s projects for the metaverse face the problem of long lead times and high costs. There are also more serious concerns of sexual harassment, as there have been reports of such despicable acts being carried out on Meta&#39;s Horizon Worlds. We&#39;ll need to see if Meta is able to work through these challenges to make their investment worthwhile.</p><h2>Privacy changes</h2><p>Since 2021, Apple changed its privacy policy to give users more transparency and control over their data. The company has done so by prompting users if they would like to block the Identifier for Advertisers (IDFA) for mobile applications; in more plain terms, you are now prompted if you would like to opt out of any kind of data tracking or targeting, which was previously conducted automatically, when you are using a mobile application. An article by Forbes states that about 62% of iPhone users have chosen to opt out of sharing their data.</p><p>Now, how does this impact Meta? Being an advertising company, Meta has benefitted greatly from acquiring user data to suggest appropriate ads unique to each user. The policy change is a contributing factor to Meta&#39;s relatively poor performance this year, particularly because a large proportion ad revenue earned from the Facebook platform was dependent on data from IDFA. We see that Meta can be vulnerable to such regulations, and it is definitely a point to consider when we decide on a fair valuation of the company.</p><h2>Valuation</h2><p>Now, with all these concerns, let&#39;s calculate the intrinsic value of Meta stock. I have decided to go with two different valuation methods for my analysis - an EPS forecast model and a discounted cash flow model.</p><h3>EPS Forecast Model</h3><p>In this model, we will be forecasting Meta&#39;s future EPS over 5 years, with year 0 being this year, and discounting it back to present value based on the company&#39;s weighted average cost of capital (WACC). We will be using analyst estimates obtained from Yahoo Finance to help us in our calculations.</p><p></p><p><img src=\"https://static.tigerbbs.com/50dadba748657e9807ca6ca0e237331f\" tg-width=\"402\" tg-height=\"464\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Metrics used for EPS Model (Prepared by author)</p><p>I&#39;ve gone rather conservative in my valuation analysis, as I&#39;ve taken into account the various challenges which Meta may face, especially in light of its slowing growth and the uncertainty associated with the metaverse. An important point to note is that the trailing-twelve-month EPS used is based on the average analyst estimate for 2022. I&#39;ve also gone for no growth in shares outstanding - a fairly conservative assumption considering Meta has a history of buying back shares.</p><p>As for average annual earnings growth, I&#39;ve gone for a reasonable 10%, which is much lower than the average annual earnings growth of about 25% from 2017 to 2021. In addition, I&#39;ve tagged on a 25% margin of safety, as Meta&#39;s heavy involvement with the metaverse, coupled with the strong competition, suggest that there is now much higher risk involved with investing in Meta stock as compared to the past.</p><p></p><p><img src=\"https://static.tigerbbs.com/0a1a818da9d592908b8392082f6a13ed\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS Forecast Model (Prepared by author)</p><p>We&#39;ve arrived at a fair value of $184.33 a share for Meta, which indicates that the current valuation is a bargain. At the time of writing this article, Meta stock is trading at about $159 a share. It&#39;s also good to note that my EPS prediction for year 2023 is actually below the average analyst estimate - it is 12.91 based on my model&#39;s assumption but the actual estimated EPS for that year is 13.72. As such, the fact that the intrinsic value is still above the stock&#39;s current valuation indicates that this could be an attractive investment opportunity.</p><h3>Discounted Cash Flow Model</h3><p>In this model, we will be projecting Meta&#39;s projected free cash flow over 5 years, with year 0 being this year, and discounting it back to present value based on the company&#39;s weighted average cost of capital. We see that, in Q1 2022, the company generated $8.6b in free cash flow. Assuming that Meta keeps up its free cash flow generation, we have a good chance of seeing Meta do $34.4b in free cash flow for 2022. It is good to note that this is lower than what it did in 2021, which was $39.1b. I am also going to assume no increase in shares outstanding, a perpetuity growth rate of 3.4%, an average annual free cash flow growth rate of 10% and a 25% margin of safety - once again, very conservative assumptions.</p><p></p><p><img src=\"https://static.tigerbbs.com/80c3145c3d4e86dc5ae207915884d003\" tg-width=\"640\" tg-height=\"162\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Discounted Cash Flow Model (Prepared by author)</p><p>We&#39;ve arrived at a price target of $209.90 a share for Meta, which is slightly higher than the number we arrived at in our previous model. However, it still indicates that the company&#39;s current valuation is a relatively attractive one.</p><h2>Investment decision</h2><p>In conclusion, while Meta has many challenges lying ahead of it, its current valuation is indeed an attractive one. In addition, considering its free cash flow position and massive user base, the company has a good chance of finding its footing again if it takes the necessary steps in the right direction. My final price target will be the average of the final values obtained from both models, which means that we have arrived at a final price target of about $197 a share. As such, I will assign a &#34;Buy&#34; rating for Meta stock.</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>Meta: A Bargain Despite The Challenges</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\">\nMeta: A Bargain Despite The Challenges\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-18 10:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4523635-meta-a-bargain-despite-the-challenges><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meta Platforms, Inc. (NASDAQ: META) is a technology company known to virtually every investor in the world. Formerly known as Facebook, Meta has claimed its place as one of the biggest tech companies ...</p>\n\n<a href=\"https://seekingalpha.com/article/4523635-meta-a-bargain-despite-the-challenges\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://seekingalpha.com/article/4523635-meta-a-bargain-despite-the-challenges","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251463152","content_text":"Meta Platforms, Inc. (NASDAQ: META) is a technology company known to virtually every investor in the world. Formerly known as Facebook, Meta has claimed its place as one of the biggest tech companies in the entire world, with platforms like Instagram and WhatsApp under its belt. However, despite the company's massive growth over the years, its stock price is way below its all-time high of $384.33. The stock currently trades at less than half of this number - to be specific, a humble $159 at the time of writing this article. Does this represent a buying opportunity, or is there definitely more pain to come?Advertising and salesFirstly, let's establish that Meta is an advertising powerhouse, with advertising revenue making up a large majority of its sales.2022 Q1 performanceIn the first quarter of 2022, the company reported $27b in ad revenue, representing a 6% YoY growth. Total sales were $27.9b, representing a 7% YoY growth. We also see that the daily active users on the Facebook platform is up 4%, and currently sits at a whopping 1.96b. The company has done decently well in the first quarter of 2022. However, the company has mentioned that Q2 sales projections were on the lower side ($28b to $30b), which would represent a YoY decline for the very first time in Meta's history. Nonetheless, there was rather positive reception in the most recent earnings report, and it seems that the company is still on a decent trajectory.GrowthMeta's ability to generate sales through advertising on its platforms has cemented the company as one of the largest tech powerhouses in the world today. However, many questions are being asked about the slowing growth in such metrics.Meta's Quarterly Ad Revenue (Reuters)Meta's Quarterly Revenue (Reuters)While we see the clear exponential growth in the earlier years, we're also starting to see slowing growth in ad revenue and total sales in the later years. This is largely due to slowing user growth which may have arisen due to intense competition in the industry, or other possible concerns (more on that later in the article). The fall-off in growth has raised many eyebrows, with analysts downgrading the stock as it no longer seems to be a good value play in the long term.There's lots of talk about how people \"don't even use Facebook anymore,\" and that \"user growth has come to a halt.\" I must concede that considering the previous user growth rates that Meta was at, we were bound to see a fall-off - and it's not just the fact that there are competitors gaining market share, but also because there's an absolute limit to how far we can go in terms of user growth, because they're only that many people (with internet access) in the world! Meta has grown to a point where it has almost 2 billion daily users on the Facebook platform, as reported in this year's Q1 results.For some reference, there is an estimated total of 5 billion people in the world who use the internet today, which means that 40% of the internet-using global population are on Facebook every day. As such, the company or its platforms are not \"dead\" by any means, and to say that slowing user growth means that investing in Meta is a bad decision is rather myopic. I would argue that another important metric we could consider is the average revenue per user (ARPU), which can definitely be maximized to get the company's revenue back on track.Meta's Annual Average Revenue Per User (ARPU) (Statista)We see that the ARPU is still on a steady rise. In other words, the company is earning more from each user, though we may be seeing slowing growth in total sales due to a decline in users. With appropriate steps taken in the direction of research and innovation, Meta could stay on track and gain more in sales despite the slowing user growth. However, whether Meta can do this is a question that remains unanswered. We'll go deeper into this as we progress through the article.CompetitionWith the introduction of many new companies and social media platforms, Meta definitely faces very strong competition. One of the most notable competitors is TikTok, which has taken the world by storm.About TikTokTikTok is owned by private Chinese company ByteDance. If you've never heard of the TikTok platform, it's basically a social media platform focused on short videos. However, the extremely user-friendly interface, together with many other features which facilitate content creation and user communication, have caused TikTok to blow up in growth rates. To give you some perspective, an article from Investopedia has reported that:In 2021, TikTok surpassed 1 billion users, just four years after its global launch—half the time it took Facebook, YouTube, or Instagram to reach that milestone, and three years faster than WhatsApp.\"It's no wonder Meta is seeing a slump in user growth rates. TikTok's growth story can almost be described as miraculous, and there seems to be no sign of stopping just yet. In the same report, we also see thatTikTok became the world's third-largest social network in 2021, behind Meta's Facebook and Instagram, and is projected to exceed a 20% market share in 2022 and about 25% by 2024.\"The projected market share growth means trouble for Meta, whose market share is already on a decline. The threat presented by TikTok is not negligible by any means.Meta's responseIn response to the boom of TikTok, Meta has released Reels, which is a feature on Facebook and Instagram that works in a similar fashion to TikTok. The main difference is that Reels is an add-on to Facebook and Instagram which works in conjunction with the platforms' other features, while TikTok is, in itself, a social media platform. The introduction of Reels has seen considerable success, with the new feature making up over 20% of the time users spend on Instagram, according to an article by TechCrunch.However, Mark Zuckerberg did point out that it was not easy to monetize this new feature, and considers the monetization of Reels to be a \"multiyear journey.\" He also mentioned that the company was carrying out R&D to design a better recommendation algorithm, which he believes is the root of TikTok's massive success. It's good that we see a clear and tangible plan moving forward, but whether it eventually helps Meta get to where it wants to be is uncertain.MetaverseOne of the biggest talking points about Meta is its huge investment in the metaverse. For those of you who don't exactly know what the metaverse is, it isa network of 3D virtual worlds focused on social connection\"according to Wikipedia.Metaverse productsSo, how does Meta plan to be involved? Meta has invested a massive $10b into the metaverse, and it turns out that Mark Zuckerberg has an entire line of projects planned out as he believes that it will be a huge part of our lives in the future. Let's go over some of them.Horizon WorldsHorizon Worlds is Meta's virtual reality (VR) social platform, and it functions as a virtual world where users are able to carry out daily activities such as interacting with people, attending meetings, commerce etc. with the help of the Quest VR headset. Meta intends to continue improving the platform by introducing more features and regulating inappropriate actions so that Horizon Worlds eventually becomes a safe space detached from reality where people are able to do things seamlessly in an interactive and customizable virtual world. In February 2022 this year, the platform hit 300000 users, which is a tenfold increase compared to the same number three months prior to that. In addition, Meta plans to release this platform for mobile phone users.Project CambriaProject Cambria focuses on the development of a brand new state-of-the-art VR headset. According to an article on Topic Insights,These new goggles would allow avatars to make natural eye contact and reflect your facial expressions in real-time through sensors.\"The product is dubbed the \"Oculus Quest Pro\", a name inspired by the famous Oculus Quest VR headset, which has now been rebranded as the Meta Quest VR headset. Mark Zuckerberg described the new offering to bea completely new advanced and high-end product\"which will sitat the higher end of the price spectrum.”Project NazareProject Nazare focuses on the development of Meta's first full augmented reality (AR) glasses. According to XR Today,Project Nazare can be defined as an AR glasses device that would allow the wearer to communicate with others on their network, view people as 3D avatars, and interact with them in real-time aided by 3D digital assets, tools, and props.\"Some features of these AR glasses include a wide field of view, an advanced and sophisticated hologram display and multiple embedded sensors.Long-term feasibilityWith all these things lined up for the metaverse, the feasibility of it all raises many question marks. A move towards a virtual or augmented reality in general is a huge paradigm shift, and the extent to which this can be done is still relatively unexplored. Meta's profit has been dragged down significantly due to its heavy investment in the metaverse, and it's not certain whether this investment would pay off in the way Meta expects it to. At present, Meta's projects for the metaverse face the problem of long lead times and high costs. There are also more serious concerns of sexual harassment, as there have been reports of such despicable acts being carried out on Meta's Horizon Worlds. We'll need to see if Meta is able to work through these challenges to make their investment worthwhile.Privacy changesSince 2021, Apple changed its privacy policy to give users more transparency and control over their data. The company has done so by prompting users if they would like to block the Identifier for Advertisers (IDFA) for mobile applications; in more plain terms, you are now prompted if you would like to opt out of any kind of data tracking or targeting, which was previously conducted automatically, when you are using a mobile application. An article by Forbes states that about 62% of iPhone users have chosen to opt out of sharing their data.Now, how does this impact Meta? Being an advertising company, Meta has benefitted greatly from acquiring user data to suggest appropriate ads unique to each user. The policy change is a contributing factor to Meta's relatively poor performance this year, particularly because a large proportion ad revenue earned from the Facebook platform was dependent on data from IDFA. We see that Meta can be vulnerable to such regulations, and it is definitely a point to consider when we decide on a fair valuation of the company.ValuationNow, with all these concerns, let's calculate the intrinsic value of Meta stock. I have decided to go with two different valuation methods for my analysis - an EPS forecast model and a discounted cash flow model.EPS Forecast ModelIn this model, we will be forecasting Meta's future EPS over 5 years, with year 0 being this year, and discounting it back to present value based on the company's weighted average cost of capital (WACC). We will be using analyst estimates obtained from Yahoo Finance to help us in our calculations.Metrics used for EPS Model (Prepared by author)I've gone rather conservative in my valuation analysis, as I've taken into account the various challenges which Meta may face, especially in light of its slowing growth and the uncertainty associated with the metaverse. An important point to note is that the trailing-twelve-month EPS used is based on the average analyst estimate for 2022. I've also gone for no growth in shares outstanding - a fairly conservative assumption considering Meta has a history of buying back shares.As for average annual earnings growth, I've gone for a reasonable 10%, which is much lower than the average annual earnings growth of about 25% from 2017 to 2021. In addition, I've tagged on a 25% margin of safety, as Meta's heavy involvement with the metaverse, coupled with the strong competition, suggest that there is now much higher risk involved with investing in Meta stock as compared to the past.EPS Forecast Model (Prepared by author)We've arrived at a fair value of $184.33 a share for Meta, which indicates that the current valuation is a bargain. At the time of writing this article, Meta stock is trading at about $159 a share. It's also good to note that my EPS prediction for year 2023 is actually below the average analyst estimate - it is 12.91 based on my model's assumption but the actual estimated EPS for that year is 13.72. As such, the fact that the intrinsic value is still above the stock's current valuation indicates that this could be an attractive investment opportunity.Discounted Cash Flow ModelIn this model, we will be projecting Meta's projected free cash flow over 5 years, with year 0 being this year, and discounting it back to present value based on the company's weighted average cost of capital. We see that, in Q1 2022, the company generated $8.6b in free cash flow. Assuming that Meta keeps up its free cash flow generation, we have a good chance of seeing Meta do $34.4b in free cash flow for 2022. It is good to note that this is lower than what it did in 2021, which was $39.1b. I am also going to assume no increase in shares outstanding, a perpetuity growth rate of 3.4%, an average annual free cash flow growth rate of 10% and a 25% margin of safety - once again, very conservative assumptions.Discounted Cash Flow Model (Prepared by author)We've arrived at a price target of $209.90 a share for Meta, which is slightly higher than the number we arrived at in our previous model. However, it still indicates that the company's current valuation is a relatively attractive one.Investment decisionIn conclusion, while Meta has many challenges lying ahead of it, its current valuation is indeed an attractive one. In addition, considering its free cash flow position and massive user base, the company has a good chance of finding its footing again if it takes the necessary steps in the right direction. My final price target will be the average of the final values obtained from both models, which means that we have arrived at a final price target of about $197 a share. As such, I will assign a \"Buy\" rating for Meta stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9071245241,"gmtCreate":1657547200283,"gmtModify":1676536023152,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071245241","repostId":"1173693566","repostType":4,"repost":{"id":"1173693566","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657546834,"share":"https://ttm.financial/m/news/1173693566?lang=&edition=fundamental","pubTime":"2022-07-11 21:40","market":"us","language":"en","title":"Twitter Tumbled Over 6% in Morning Trading After Elon Musk Terminated $44 Billion Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1173693566","media":"Tiger Newspress","summary":"Twitter tumbled over 6% in morning trading after Elon Musk terminated $44 billion deal.  On Friday, ","content":"<html><head></head><body><p>Twitter tumbled over 6% in morning trading after Elon Musk terminated $44 billion deal.</p><p> <img src=\"https://static.tigerbbs.com/62d4e8ec37b85d475d0c8db5832a39aa\" tg-width=\"669\" tg-height=\"539\" width=\"100%\" height=\"auto\"/> </p><p>On Friday, Musk’s attorney notified Twitter’s board that he wants to cancel the deal. The billionaire has taken issue with the number of bots and fake accounts on Twitter and says the company isn’t being truthful about how much activity on the service is authentic.</p><p>Twitter, on the other hand, says it has given Musk the information he needs to assess its claim that spam accounts make up only 5% of monetizable daily active users, including its so-called firehose, an unfiltered, real-time stream of daily tweets.</p><p>Bret Taylor, Twitter’s board chair, said the company would pursue legal action in the Delaware Court of Chancery to enforce the agreement.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Twitter Tumbled Over 6% in Morning Trading After Elon Musk Terminated $44 Billion Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTwitter Tumbled Over 6% in Morning Trading After Elon Musk Terminated $44 Billion Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-11 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Twitter tumbled over 6% in morning trading after Elon Musk terminated $44 billion deal.</p><p> <img src=\"https://static.tigerbbs.com/62d4e8ec37b85d475d0c8db5832a39aa\" tg-width=\"669\" tg-height=\"539\" width=\"100%\" height=\"auto\"/> </p><p>On Friday, Musk’s attorney notified Twitter’s board that he wants to cancel the deal. The billionaire has taken issue with the number of bots and fake accounts on Twitter and says the company isn’t being truthful about how much activity on the service is authentic.</p><p>Twitter, on the other hand, says it has given Musk the information he needs to assess its claim that spam accounts make up only 5% of monetizable daily active users, including its so-called firehose, an unfiltered, real-time stream of daily tweets.</p><p>Bret Taylor, Twitter’s board chair, said the company would pursue legal action in the Delaware Court of Chancery to enforce the agreement.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173693566","content_text":"Twitter tumbled over 6% in morning trading after Elon Musk terminated $44 billion deal.  On Friday, Musk’s attorney notified Twitter’s board that he wants to cancel the deal. The billionaire has taken issue with the number of bots and fake accounts on Twitter and says the company isn’t being truthful about how much activity on the service is authentic.Twitter, on the other hand, says it has given Musk the information he needs to assess its claim that spam accounts make up only 5% of monetizable daily active users, including its so-called firehose, an unfiltered, real-time stream of daily tweets.Bret Taylor, Twitter’s board chair, said the company would pursue legal action in the Delaware Court of Chancery to enforce the agreement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073254941,"gmtCreate":1657357992783,"gmtModify":1676535997338,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"noooo","listText":"noooo","text":"noooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073254941","repostId":"2250182456","repostType":4,"repost":{"id":"2250182456","pubTimestamp":1657333821,"share":"https://ttm.financial/m/news/2250182456?lang=&edition=fundamental","pubTime":"2022-07-09 10:30","market":"us","language":"en","title":"Why NVIDIA Stock Got Beat by the Market Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2250182456","media":"Motley Fool","summary":"An analyst makes a 24% cut to his price target on the stock.","content":"<html><head></head><body><h2>What happened</h2><p>Some stocks ended this week with a serious bang after the July 4th holiday. Others, however, exited with a whimper. Unfortunately for its investors, <b>NVIDIA</b> was one of the latter. The specialty tech company&#39;s shares traded marginally lower on the day due largely to an analyst&#39;s price-target cut, booking a slightly deeper loss than the <b>S&amp;P 500</b> index.</p><h2>So what</h2><p>Tigress Financial Partners&#39; Ivan Feinseth was the person doing the cutting. He now believes NVIDIA stock is worth $310 per share, down quite some distance from his previous estimation of $410. Crucially, however, he is maintaining his buy recommendation on the company.</p><p>He also took pains to point out that his move is based on what he terms a &#34;rerating of valuation&#34; on the specialty tech stock. NVIDIA remains relatively popular among certain investors despite notable drops in the prices of other titles in the sector, while nervous investors sell out in favor of defensive stocks considered better plays in a potentially declining economy.</p><p>Feinseth is still very bullish on NVIDIA&#34;s business. In his research note detailing the price-target cut, he wrote that the company&#39;s &#34;leadership position in data centers, autonomous technology, and AI will continue to drive accelerating growth.&#34; He also pointed out that NVIDIA remains very much on the cutting edge of processor technology.</p><h2>Now what</h2><p>So at the end of the day, despite that 24% chop to NVIDIA&#39;s target price, the prognosticator still has a very sunny view of the company&#39;s future. It seems investors paid more attention to that than the reduced price level.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why NVIDIA Stock Got Beat by the Market Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy NVIDIA Stock Got Beat by the Market Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-09 10:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/08/why-nvidia-stock-got-beat-by-the-market-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedSome stocks ended this week with a serious bang after the July 4th holiday. Others, however, exited with a whimper. Unfortunately for its investors, NVIDIA was one of the latter. The ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/08/why-nvidia-stock-got-beat-by-the-market-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://www.fool.com/investing/2022/07/08/why-nvidia-stock-got-beat-by-the-market-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2250182456","content_text":"What happenedSome stocks ended this week with a serious bang after the July 4th holiday. Others, however, exited with a whimper. Unfortunately for its investors, NVIDIA was one of the latter. The specialty tech company's shares traded marginally lower on the day due largely to an analyst's price-target cut, booking a slightly deeper loss than the S&P 500 index.So whatTigress Financial Partners' Ivan Feinseth was the person doing the cutting. He now believes NVIDIA stock is worth $310 per share, down quite some distance from his previous estimation of $410. Crucially, however, he is maintaining his buy recommendation on the company.He also took pains to point out that his move is based on what he terms a \"rerating of valuation\" on the specialty tech stock. NVIDIA remains relatively popular among certain investors despite notable drops in the prices of other titles in the sector, while nervous investors sell out in favor of defensive stocks considered better plays in a potentially declining economy.Feinseth is still very bullish on NVIDIA\"s business. In his research note detailing the price-target cut, he wrote that the company's \"leadership position in data centers, autonomous technology, and AI will continue to drive accelerating growth.\" He also pointed out that NVIDIA remains very much on the cutting edge of processor technology.Now whatSo at the end of the day, despite that 24% chop to NVIDIA's target price, the prognosticator still has a very sunny view of the company's future. It seems investors paid more attention to that than the reduced price level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073255732,"gmtCreate":1657357912226,"gmtModify":1676535997330,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"yes lets go","listText":"yes lets go","text":"yes lets go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073255732","repostId":"2249893579","repostType":4,"repost":{"id":"2249893579","pubTimestamp":1657337337,"share":"https://ttm.financial/m/news/2249893579?lang=&edition=fundamental","pubTime":"2022-07-09 11:28","market":"us","language":"en","title":"Nvidia: Time To Buy The King Of Data Centers","url":"https://stock-news.laohu8.com/highlight/detail?id=2249893579","media":"Seekingalpha","summary":"Nvidia Corporation's (NASDAQ:NVDA) data center segment has overtaken its Gaming segment to become it","content":"<html><head></head><body><p>Nvidia Corporation&#39;s (NASDAQ:NVDA) data center segment has overtaken its Gaming segment to become its largest segment, in its Q1 FY2023, growing robustly by 83% YoY. Based on the company’s breakdown of its data center business across 6 data center classes, we examined its product offering that caters to these customers and determined the outlook of its data center business segment as a whole.</p><p>Moreover, we looked into the company’s product offerings of its GPUs and software to offer the full stack for data centers and how it is integrating AI and software functionalities to build on its data center leadership.</p><p>As it recently introduced its Arm CPU products for data centers, we analyzed the Arm CPU market and the players within, and projected its share vs x86 processors. Based on this, we estimated the market opportunity for Nvidia and its revenue growth.</p><h2><b>Dominating Data Centers Across All 6 Classes</b></h2><p>Nvidia’s data center segment has become its largest segment accounting for 45% of revenues in Q1 FY2023 and had the highest growth CAGR of 73.8% in the past 5 years. Its computing platform consists of hardware and software such as GPUs, DPUs, interconnects and systems, CUDA programming model and software libraries. According to Nvidia’s CEO, the company listed 6 types of data center classes: supercomputing centers, enterprise computing data centers, hyperscalers, cloud computing and two new classes which are FactoryAI and edge data centers. In the table below, we compiled the different data center classes by their market sizes, forecast CAGR, location, applications, users, relative compute power and footprint.</p><table><tbody><tr><td><p><b>Data Center</b></p></td><td><p><b>Market Size ($ bln)</b></p></td><td><p><b>Market Forecast CAGR</b></p></td><td><p><b>Computer Power</b></p></td><td><p><b>Location</b></p></td><td><p><b>Footprint (&#39;size&#39;)</b></p></td><td><p><b>Types of Users/ Operators</b></p></td><td><p><b>Applications</b></p></td></tr><tr><td><p>Supercomputing Data Center</p></td><td><p>6.5</p></td><td><p>16.2%</p></td><td><p>Very High</p></td><td><p>Self-operated</p></td><td><p>Large</p></td><td><p>Governments, aerospace, petroleum, and automotive industries</p></td><td><p>HPC, quantum mechanics, weather forecasting, oil and gas exploration, molecular modeling, physical simulations, aerodynamics, nuclear fusion research</p></td></tr><tr><td><p>Hyperscale Data Center</p></td><td><p>32.2</p></td><td><p>14.9%</p></td><td><p>High</p></td><td><p>Self-operated</p></td><td><p>Very Large</p></td><td><p>Large multinational companies, cloud service providers</p></td><td><p>Colocation, cryptography, genome processing, and 3D rendering</p></td></tr><tr><td><p>Enterprise Data Center</p></td><td><p>84.2</p></td><td><p>12.0%</p></td><td><p>Low</p></td><td><p>Self-operated</p></td><td><p>Medium</p></td><td><p>Enterprises (Various industries)</p></td><td><p>Company networks and systems (Various industries)</p></td></tr><tr><td><p>Cloud Computing Data Center</p></td><td><p>358.8</p></td><td><p>16.4%</p></td><td><p>High</p></td><td><p>Third-party</p></td><td><p>Very Large</p></td><td><p>Cloud service providers</p></td><td><p>Cloud-native application development, storage (IaaS), streaming, data analytics</p></td></tr><tr><td><p>Edge Data Center</p></td><td><p>7.9</p></td><td><p>17.0%</p></td><td><p>Medium</p></td><td><p>Third-party</p></td><td><p>Medium</p></td><td><p>Edge Data Center Companies, Telco, Healthcare</p></td><td><p>5G, AV, Telemedicine, data analytics,</p></td></tr><tr><td><p>Factory AI Data Center</p></td><td><p>2.3</p></td><td><p>47.9%</p></td><td><p>Medium</p></td><td><p>Self-operated</p></td><td><p>Low</p></td><td><p>Manufacturers</p></td><td><p>Supply Chain Optimization, Predictive Maintenance, Process Control</p></td></tr></tbody></table><p><i>Source: Research and Markets, Nvidia, Khaveen Investments</i></p><p>To illustrate the market sizes of each data center class, we compiled the market revenues and forecast CAGR of each data center class based on Research and Markets. Based on the table above, cloud computing is the largest ($359 bln) as it consists of major cloud service providers including AWS, Azure and Google Cloud. this is followed by Enterprise Data Centers. Overall, the combined market size of the 6 data center classes is worth around $491 bln. However, the new data center classes, Factory AI and edge data center, have the highest CAGR of 47.9% and 17% respectively.</p><h3><b>Supercomputing Data Center</b></h3><p>Firstly, supercomputing data centers which are computers with much higher computational capacities supporting intensive applications such as</p><blockquote>HPC, quantum mechanics, weather forecasting, oil and gas exploration, molecular modeling, physical simulations, aerodynamics, nuclear fusion research.</blockquote><p>In 2021, Nvidia claimed that 70% of the TOP500 supercomputers in the world are powered by its accelerators and it&#39;s even higher at 90% for new systems. The company had remarkable growth in this area over the past 10 years from 34% share of the TOP500 systems in 2011. For example, the company’s GPUs power the fastest supercomputers in the U.S. and Europe like the Oak Ridge National Labs’ Summit, the world’s smartest supercomputer. The company has recently introduced its H100 GPUs based on its Hopper architecture which follows its A100 GPUs based on its Ampere architecture. Supercomputers are equipped with a large number of GPUs, previously Nvidia stated that 6 supercomputers used a total of 13,000 A100 GPUs.</p><h3><b>Enterprise Data Center</b></h3><p>Besides supercomputers, the company also targets enterprise systems. According to Cisco, compared to other types of data centers, enterprise data centers are built and operated by companies within their premises and optimized for their users to support their data and storage requirements by companies in various industries such as IT, financial services, and healthcare. However, in comparison, hyperscale data centers have higher compute capacities. Based on Nvidia, its NVIDIA-Certified System</p><blockquote>enable enterprises to confidently deploy hardware solutions that securely and optimally run their modern accelerated workloads.</blockquote><p>The company’s Nvidia-certified data center partners include the top server providers such as Lenovo (OTCPK:LNVGY), Fujitsu (OTCPK:FJTSF), Dell (DELL), Cisco (CSCO), and HPE (HPE), with a combined market share of over 38% of the server market based on the IDC. Also, the company introduced its EGX for enterprise as well as edge computing.</p><h3><b>Hyperscale Data Centers</b></h3><p>Moreover, Nvidia also targets hyperscale data centers which are massive facilities exceeding 5,000 servers and 10,000 square feet according to the IDC. They are “designed to support robust and scalable applications” due to their agility to scale up or down to meet customers’ demands by adding more computing power to their infrastructure. For example, companies which operate these facilities include Yahoo, Facebook (META), Microsoft (MSFT), Apple (AAPL), Google (GOOG, GOOGL) and Amazon (AMZN). According to Vertiv, there were more than 600 hyperscale data centers in 2021. Nvidia has “ready-to-use system reference designs” based on its GPUs such as its HGX product for hyperscale and supercomputing data centers.</p><h3><b>Cloud Computing </b></h3><p>Additionally, the company also underline cloud computing data centers, allowing customers and developers to leverage Nvidia’s hardware through the cloud to support applications such as advanced medical imaging, automated customer service, and cinematic-quality gaming. According to Microsoft, cloud computing is the delivery of computing services over the internet with services such as IaaS, PaaS and SaaS with use cases including creating cloud-native applications, streaming and data analytics. Besides that, Nvidia has partnerships with major cloud service providers including Amazon, the market leader in the cloud infrastructure market with a 33% market share in 2021 according to Canalys, trailed by Microsoft Azure, Google Cloud and Alibaba Cloud (BABA, OTCPK:BABAF). These cloud providers are also part of the company’s partner ecosystem.</p><blockquote>And now, with NVIDIA’s GPU-accelerated solutions available through all top cloud platforms, innovators everywhere can access massive computing power on demand and with ease. – Nvidia</blockquote><h3><b>AI Factory </b></h3><p>In addition to these 4 classes of data centers, the company also highlighted the first new data center class which is “AI Factory.” According to CEO Jensen Huang, manufacturers are becoming “intelligence manufacturers” processing and refining data. The company highlighted its GPU-accelerated computing for applications leveraging AI including Supply Chain Optimization, Predictive Maintenance and Process Control for operations optimization improved time-to-insight and lower cost. According to Nvidia’s CEO, the company highlighted 150,000 factories refining data, creating models and becoming intelligence manufacturers. The company has its AGX platform for autonomous machines. For example, one customer of the company is BMW which is using its hardware and software for its robotics and machinery.</p><blockquote>The idea is to equip BMW’s factory with all manner of Nvidia hardware. First, the company will use Nvidia’s DGX and Isaac simulation software to train and test the robots; Nvidia Quadro ray-tracing GPUs will render synthetic machine parts. – Nvidia CEO</blockquote><h3><b>Edge Data Center</b></h3><p>Lastly, the company also highlighted edge data centers which are smaller data centers that are closer to end-users for lower latency and greater speed benefits according to Nlyte Software. Nvidia highlighted that edge data centers span a wide range of applications such as “warehouse, retail stores, cities, public places, cars, robots”. Compared to cloud computing where data is sent from the edge to the cloud, edge computing refers to data computed right at the edge. The company’s EGX for enterprise and edge computing. Based on the company, its NVIDIA EGX and Jetson solutions</p><blockquote>accelerate the most powerful edge computing systems to power diverse applications, including industrial inspection, predictive maintenance, factory robotics, and autonomous machines.</blockquote><p>Furthermore, we updated our revenue projection for Nvidia’s data center segment in the table below from our previous analysis based on its data center revenue share of the total cloud market capex. To derive this, we forecasted the total cloud market capex based on our projection of the total cloud market from data volume growth forecasts.</p><table><tbody><tr><td><p><b>Volume of Data Worldwide</b></p></td><td><p><b>2017</b></p></td><td><p><b>2018</b></p></td><td><p><b>2019</b></p></td><td><p><b>2020</b></p></td><td><p><b>2021</b></p></td><td><p><b>2022F</b></p></td><td><p><b>2023F</b></p></td><td><p><b>2024F</b></p></td><td><p><b>2025F</b></p></td><td><p><b>2026F</b></p></td></tr><tr><td><p>Cloud Infrastructure Market Revenues ($ bln)</p></td><td><p>46.5</p></td><td><p>69</p></td><td><p>96</p></td><td><p>129.5</p></td><td><p>178.0</p></td><td><p>248.1</p></td><td><p>349.7</p></td><td><p>485.7</p></td><td><p>679.8</p></td><td><p>951.4</p></td></tr><tr><td><p>Cloud Infrastructure Market Revenue Growth %</p></td><td><p>45%</p></td><td><p>48%</p></td><td><p>39%</p></td><td><p>35%</p></td><td><p>37%</p></td><td><p>39%</p></td><td><p>41%</p></td><td><p>39%</p></td><td><p>40%</p></td><td><p>40%</p></td></tr><tr><td><p>Data Volume (ZB)</p></td><td><p>26</p></td><td><p>33</p></td><td><p>41</p></td><td><p>64.2</p></td><td><p>79</p></td><td><p>97</p></td><td><p>120</p></td><td><p>147</p></td><td><p>181</p></td><td><p>222.9</p></td></tr><tr><td><p>Data Volume Growth %</p></td><td><p>44%</p></td><td><p>27%</p></td><td><p>24%</p></td><td><p>57%</p></td><td><p>23%</p></td><td><p>23%</p></td><td><p>24%</p></td><td><p>23%</p></td><td><p>23%</p></td><td><p>23%</p></td></tr><tr><td><p>Total Market Capex (Adjusted)</p></td><td><p>54.3</p></td><td><p>82.8</p></td><td><p>88.0</p></td><td><p>125.7</p></td><td><p>163.9</p></td><td><p>209</p></td><td><p>271</p></td><td><p>344</p></td><td><p>442</p></td><td><p>567</p></td></tr><tr><td><p>Total Market Capex Growth %</p></td><td><p>30%</p></td><td><p>52%</p></td><td><p>6%</p></td><td><p>43%</p></td><td><p>30%</p></td><td><p>28%</p></td><td><p>29%</p></td><td><p>27%</p></td><td><p>28%</p></td><td><p>28%</p></td></tr><tr><td><p>Nvidia Data Center Share of Capex Spend</p></td><td><p>3.6%</p></td><td><p>3.5%</p></td><td><p>3.4%</p></td><td><p>5.3%</p></td><td><p>6.5%</p></td><td><p>6.5%</p></td><td><p>6.5%</p></td><td><p>6.5%</p></td><td><p>6.5%</p></td><td><p>6.5%</p></td></tr><tr><td><p><b>Nvidia Data Center Revenues</b></p></td><td><p><b>1.9</b></p></td><td><p><b>2.9</b></p></td><td><p><b>3.0</b></p></td><td><p><b>6.7</b></p></td><td><p><b>10.6</b></p></td><td><p><b>13.6</b></p></td><td><p><b>17.5</b></p></td><td><p><b>22.3</b></p></td><td><p><b>28.6</b></p></td><td><p><b>36.7</b></p></td></tr><tr><td><p><b>Nvidia Data Center Revenues Growth %</b></p></td><td><p><b>132.5%</b></p></td><td><p><b>51.8%</b></p></td><td><p><b>1.8%</b></p></td><td><p><b>124.5%</b></p></td><td><p><b>58.5%</b></p></td><td><p><b>27.7%</b></p></td><td><p><b>29.2%</b></p></td><td><p><b>27.3%</b></p></td><td><p><b>28.3%</b></p></td><td><p><b>28.3%</b></p></td></tr></tbody></table><p><i>Source: Nvidia, Company Data, Khaveen Investments </i></p><p>Overall, we believe the company’s data center segment outlook is supported by its presence across the 6 types of data centers underlined including supercomputers, enterprise computing, hyperscalers, cloud computing, edge computing and Factory AI. Besides a broad product portfolio catering to each data center class, the company also has partnerships with key customers such as major server vendors and cloud service providers. Based on our revenue projection, we derived an average revenue growth rate of 28.2% for its segment through 2026.</p><h2><b>Integrating Software and AI into Data Centers</b></h2><p>A data center consists of chips including GPU, central processing unit (CPU), and field-programmable gate array (FPGA) which are some of the commonly used data center chips according to imarc. According to the company, it highlighted the greater compute capabilities of GPUs used as accelerators in data centers running tens of thousands of threads compared to CPUs. According to Network World,</p><blockquote>GPUs are better suited than CPUs for handling many of the calculations required by AI and machine learning in enterprise data centers and hyperscaler networks.</blockquote><p>According to Ark Invest, CPUs comprised 83% of data center budgets in 2020 but were forecasted to decline to 40% by 2030 as GPUs become the dominant processor.</p><p>In its annual report, Nvidia claims to have a platform strategy that brings its hardware, software, algorithms and software libraries together. Furthermore, the company highlighted the introduction of its CUDA programming model which enabled its GPUs with parallel processing capabilities for intensive compute workloads such as deep learning and machine learning.</p><blockquote>With our introduction of the CUDA programming model in 2006, we opened the parallel processing capabilities of our GPU for general-purpose computing. This approach significantly accelerates the most demanding high-performance computing, or HPC, applications in fields such as aerospace, bioscience research, mechanical and fluid simulations, and energy exploration. Today, our GPUs and networking accelerate many of the fastest supercomputers across the world. In addition, the massively parallel compute architecture of our GPUs and associated software are well suited for deep learning and machine learning, powering the era of AI. While traditional CPU-based approaches no longer deliver advances on the pace described by Moore’s Law, we deliver GPU performance improvements on a pace ahead of Moore’s Law, giving the industry a path forward. – Nvidia 2022 Annual Report</blockquote><p></p><p><img src=\"https://static.tigerbbs.com/6b967b108b6c19a49afe2a462c51c98b\" tg-width=\"640\" tg-height=\"324\" referrerpolicy=\"no-referrer\"/></p><p>Nvidia</p><p>In addition, as seen in the chart above, the company claims to provide a full stack of AI solutions. Besides its hardware, Nvidia has a collection of AI software solutions and development kits for customers and software developers including Clara Mionai, Riva, Maxine, Nemo and Merlin. Moreover, according to the company, it has</p><blockquote>over 450 NVIDIA AI libraries and software development kits to serve industries such as gaming, design, quantum computing, AI, 5G/6G, and robotics.</blockquote><p>Furthermore, its products support various AI software frameworks and software such as RAPIDS, TensorFlow and PyTorch. As Nvidia continued to build up its AI stack, the company’s patents had been steadily increasing since 2018 to 1,174 in 2021 based on Global Data. In comparison, AMD’s patents had also been rising since 2017 with a higher number of patents (1,795) while Intel’s patent filings had been declining but have the most number of patents (11,677).</p><p>Additionally, the company had introduced its standalone enterprise software offering including NVIDIA AI Enterprise which is $1,000 per node and has 25,000 enterprises already using its technology for AI. According to the company, it had a server installed base of 50 mln enterprises and a TAM of $150 bln for its Enterprise AI software based on its Investor Day Presentation. To determine the share of TAM we expect Nvidia to derive, we compared it against AMD and Intel in terms of its breadth of products, AI software integrations, GPU and CPU performance and price. We ranked the best company for each category with a weight of 0.5 followed by 0.3 for the second-best and 0.2 for the last company and calculated its average weight as our assumption for each company’s share of the TAM.</p><table><tbody><tr><td><p><b>Competitive Positioning</b></p></td><td><p><b>Nvidia</b></p></td><td><p><b>Intel</b></p></td><td><p><b>AMD</b></p></td></tr><tr><td><p>Number of products</p></td><td><p>7</p></td><td><p>5</p></td><td><p>4</p></td></tr><tr><td><p>Software AI Integrations</p></td><td><p>21</p></td><td><p>18</p></td><td><p>7</p></td></tr><tr><td><p>Average Data Center CPU Benchmark</p></td><td><p>N/A</p></td><td><p>34,237</p></td><td><p>76,308</p></td></tr><tr><td><p>Average Data Center CPU Price</p></td><td><p>N/A</p></td><td><p>$ 2,277</p></td><td><p>$ 3,843</p></td></tr><tr><td><p>GPU Performance (TFLOPS)</p></td><td><p>60</p></td><td><p>N/A</p></td><td><p>47.9</p></td></tr><tr><td><p>GPU Price</p></td><td><p>$36,405</p></td><td><p>N/A</p></td><td><p>$ 14,500</p></td></tr><tr><td><p><b>Competitive Positioning</b></p></td><td><p><b>Nvidia</b></p></td><td><p><b>Intel</b></p></td><td><p><b>AMD</b></p></td></tr><tr><td><p>Number of products</p></td><td><p>0.5</p></td><td><p>0.3</p></td><td><p>0.2</p></td></tr><tr><td><p>Software AI Integrations</p></td><td><p>0.5</p></td><td><p>0.3</p></td><td><p>0.2</p></td></tr><tr><td><p>Average Data Center CPU Benchmark</p></td><td><p>0.2</p></td><td><p>0.5</p></td><td><p>0.3</p></td></tr><tr><td><p>Average Data Center CPU Price</p></td><td><p>0.2</p></td><td><p>0.5</p></td><td><p>0.3</p></td></tr><tr><td><p>GPU Performance (TFLOPS)</p></td><td><p>0.5</p></td><td><p>0.2</p></td><td><p>0.3</p></td></tr><tr><td><p>GPU Price</p></td><td><p>0.3</p></td><td><p>0.2</p></td><td><p>0.5</p></td></tr><tr><td><p><b>Weights</b></p></td><td><p><b>0.37</b></p></td><td><p><b>0.33</b></p></td><td><p><b>0.30</b></p></td></tr></tbody></table><p><i>Source: Nvidia, Intel, AMD, WFTech, Khaveen Investments </i></p><p>Based on the table, Nvidia has the broadest product breadth between AMD (4) and Intel (5) with 7 products as the company product offerings include GPUs and DPUs as well as reference design systems such as AGX, HGX, EGX and DGX. Also, it is planning to introduce CPUs based on Arm architecture. In comparison, Intel follows behind with its portfolio of ASICs, FPGAs, GPUs, CPUs and Smart NICs while AMD has FPGAs (Xilinx), CPUs, GPUs and DPUs. Furthermore, by referring to these companies’ AI presentation pitch decks and websites, we found that Nvidia has the highest AI software integrations (21) with its broad collection as stated above in addition to its cloud deployment and infrastructure optimization including Nvidia GPU Operator, Network Operator, vGPU, MagnumIO, CUDA-AI and vSphere integration as part of its AI Enterprise package. As Nvidia’s CPU and Intel’s GPU have yet to launch, we ranked it as the lowest with N/A for our calculations.</p><p>In terms of hardware, we compared Intel and AMD data center CPUs from our previous analysis of Intel where we determined AMD’s performance advantage based on its higher benchmark score but with premium pricing compared to Intel. Additionally, we compared Nvidia’s H100 GPU based on its performance as measured by its TFLOPS specs with a higher maximum of 60 TFLOPS compared to AMD’s Instinct M250. Though, Nvidia’s GPU has a higher estimated price compared to AMD.</p><table><tbody><tr><td><p><b>Nvidia Enterprise AI Software Revenue ($ bln)</b></p></td><td><p><b>2021</b></p></td><td><p><b>2022F</b></p></td><td><p><b>2023F</b></p></td><td><p><b>2024F</b></p></td><td><p><b>2025F</b></p></td><td><p><b>2026F</b></p></td><td><p><b>2027F</b></p></td><td><p><b>2028F</b></p></td></tr><tr><td><p>Market TAM</p></td><td></td><td></td><td></td><td></td><td></td><td></td><td></td><td><p>150</p></td></tr><tr><td><p>Nvidia Enterprise AI Software</p></td><td><p>0.03</p></td><td><p>0.1</p></td><td><p>0.2</p></td><td><p>0.7</p></td><td><p>2.0</p></td><td><p>6.1</p></td><td><p>18.3</p></td><td><p>55</p></td></tr><tr><td><p>Growth %</p></td><td></td><td><p>200%</p></td><td><p>200%</p></td><td><p>200%</p></td><td><p>200%</p></td><td><p>200%</p></td><td><p>200%</p></td><td><p>200%</p></td></tr></tbody></table><p><i>Source: Nvidia, Khaveen Investments </i></p><p>Overall, we determined that Nvidia edged out Intel and AMD with the highest competitive positioning with an average weightage for Nvidia at 37% which we used as our assumption for its share of the Enterprise AI software TAM. Based on the company’s $150 bln TAM as highlighted from its Investor Day, we estimated its revenue opportunity to be $55 bln growing at a CAGR of 200% from 2021 (calculated based on its average cost of $1,000 and 25,000 existing customers) which we believe is not unreasonable given the expected rise of AI which could contribute $15.7 tln in economic output by 2030 according to PwC.</p><h2><b>$10 billion Arm CPU Opportunity in Data Centers</b></h2><p>Furthermore, the company had recently introduced its Arm-based Grace CPU for data centers. In terms of specifications, it features 144 CPU cores, 1TB/s LPDDR5X and is connected coherently over NVLink®-C2C. The company also announced that multiple hardware vendors, including ASUS (OTC:AKCPF), Foxconn Industrial Internet, GIGABYTE, QCT, Supermicro and Wiwynn will build Grace-based systems that will start shipping in H1 2023. Additionally, the company had previously secured the Swiss National Supercomputing Centre, which has a budget of around $25 mln (fulfills 8% of forecasted Nvidia CPU revenue in 2023), as a customer for its CPUs and GPUs to provide 20 exaflops of AI performance.</p><p>According to Omdia, 5% of servers shipped had Arm CPUs which is an increase compared to 2.5% in 2020. According to Softbank (OTCPK:SFTBY), the market share of Arm-based CPUs was forecasted to increase to 25% by 2028. We estimated the x86 data center CPU market size based on Intel’s DCG segment had revenues of $22.7 bln with a market share of 94.1% in 2021 based on Passmark. We then estimated the total data center CPU market size based on Arm’s market share of 5% by Omdia to derive the total data center CPU market which we forecasted to grow at a CAGR of 10.2% by 2028. Assuming the share of Arm CPUs increases to 25% by 2028 based on Softbank’s forecast, we derive the total Arm CPU market size of $12.5 bln in 2028.</p><table><tbody><tr><td><p><b>Arm CPU Market Projections ($ bln)</b></p></td><td><p><b>2021</b></p></td><td><p><b>2022F</b></p></td><td><p><b>2023F</b></p></td><td><p><b>2024F</b></p></td><td><p><b>2025F</b></p></td><td><p><b>2026F</b></p></td><td><p><b>2027F</b></p></td><td><p><b>2028F</b></p></td></tr><tr><td><p>x86 Data Center CPU share</p></td><td><p>95%</p></td><td><p>94%</p></td><td><p>92%</p></td><td><p>90%</p></td><td><p>87%</p></td><td><p>84%</p></td><td><p>80%</p></td><td><p>75%</p></td></tr><tr><td><p>Arm Data Center CPU Share</p></td><td><p>5%</p></td><td><p>6.3%</p></td><td><p>7.9%</p></td><td><p>10.0%</p></td><td><p>12.5%</p></td><td><p>15.8%</p></td><td><p>19.9%</p></td><td><p>25%</p></td></tr><tr><td><p>Arm Data Center CPU Share CAGR</p></td><td></td><td><p>25.8%</p></td><td><p>25.8%</p></td><td><p>25.8%</p></td><td><p>25.8%</p></td><td><p>25.8%</p></td><td><p>25.8%</p></td><td></td></tr><tr><td><p>x86 Data Center CPU market size</p></td><td><p>24.1</p></td><td><p>26.2</p></td><td><p>28.4</p></td><td><p>30.6</p></td><td><p>32.8</p></td><td><p>34.8</p></td><td><p>36.4</p></td><td><p>37.6</p></td></tr><tr><td><p>Growth %</p></td><td></td><td><p>8.7%</p></td><td><p>8.3%</p></td><td><p>7.8%</p></td><td><p>7.0%</p></td><td><p>6.1%</p></td><td><p>4.9%</p></td><td><p>3.1%</p></td></tr><tr><td><p>Arm Data Center CPU market size</p></td><td><p>1.3</p></td><td><p>1.8</p></td><td><p>2.4</p></td><td><p>3.4</p></td><td><p>4.7</p></td><td><p>6.5</p></td><td><p>9.0</p></td><td><p>12.5</p></td></tr><tr><td><p>Growth %</p></td><td></td><td><p>38.7%</p></td><td><p>38.7%</p></td><td><p>38.7%</p></td><td><p>38.7%</p></td><td><p>38.7%</p></td><td><p>38.7%</p></td><td><p>38.7%</p></td></tr><tr><td><p><b>Total</b></p></td><td><p><b>25.4</b></p></td><td><p><b>28.0</b></p></td><td><p><b>30.8</b></p></td><td><p><b>34.0</b></p></td><td><p><b>37.4</b></p></td><td><p><b>41.3</b></p></td><td><p><b>45.5</b></p></td><td><p><b>50.1</b></p></td></tr><tr><td><p><b>Growth %</b></p></td><td></td><td><p><b>10.20%</b></p></td><td><p><b>10.20%</b></p></td><td><p><b>10.20%</b></p></td><td><p><b>10.20%</b></p></td><td><p><b>10.20%</b></p></td><td><p><b>10.20%</b></p></td><td><p><b>10.20%</b></p></td></tr></tbody></table><p><i>Source: Intel, Omdia, Softbank, BlueWeave Consulting, Khaveen Investments</i></p><p>Companies such as Amazon, Ampere and Huawei had been developing Arm-based CPUs for servers. However, Amazon Graviton processors and Huawei’s Kunpeng chips are used in their own data centers in comparison to Nvidia. Based on a comparison of their specifications against Nvidia, Nvidia’s CPU offer a superior core count (144) compared to Ampere Altra Max (128), Amazon Graviton3 (64) and Huawei Kunpeng 920 (64). In terms of product and software integration, according to Nvidia, the Grace CPU will support its HPC software development kit and a full suite of CUDA libraries.</p><table><tbody><tr><td><p><b>Nvidia Arm CPU Revenue ($ bln)</b></p></td><td><p><b>2023F</b></p></td><td><p><b>2024F</b></p></td><td><p><b>2025F</b></p></td><td><p><b>2026F</b></p></td><td><p><b>2027F</b></p></td><td><p><b>2028F</b></p></td></tr><tr><td><p>Share of TAM</p></td><td><p>1%</p></td><td><p>4.8%</p></td><td><p>8.6%</p></td><td><p>12.4%</p></td><td><p>16.2%</p></td><td><p>20%</p></td></tr><tr><td><p>Nvidia CPU Revenue</p></td><td><p>0.31</p></td><td><p>1.63</p></td><td><p>3.22</p></td><td><p>5.12</p></td><td><p>7.37</p></td><td><p>10.02</p></td></tr><tr><td><p>Growth %</p></td><td></td><td><p>429.0%</p></td><td><p>97.4%</p></td><td><p>58.9%</p></td><td><p>44.0%</p></td><td><p>36.0%</p></td></tr></tbody></table><p><i>Source: Khaveen Investments </i></p><p>All in all, we expect Nvidia’s introduction of its Arm CPU to support its data center segment growth as the company had already secured system hardware partners to build Grace CPU-based systems in H1 2023 and supercomputer customers. Additionally, we believe the company could be supported by its performance advantage with its 144 core CPU which is higher than its competitors as well as integrated with its other AI software.</p><p>To project Nvidia’s CPU revenue, we assumed its share to rise 20% of our estimated market size by 2028 from 1% in 2023 assuming it releases its CPU as planned. We based our assumption of a 20% market share as we believe it could be faced with not only competitors such as Ampere but also AMD as its CFO indicated that it could embrace Arm CPUs and already had used Arm cores in other products such as microcontrollers while Intel plans to make Arm-based chips with its foundry for customers. This translates to average revenue growth of 133.1% for the company.</p><h2><b>Risk: Competition from Intel</b></h2><p>In addition to competition from AMD, Nvidia could face greater competition as Intel introduced its data center GPUs. While Intel (INTC) has not established itself in the discrete GPU market despite leading the total GPU market with its integrated GPUs, we believe the company could pose a significant threat to Nvidia. This is because Intel dominated the data center CPU market with a 94% market share in 2021 based on PassMark. We believe this could provide Intel with an opportunity to leverage its relationships with key data center customers with cross-selling opportunities. That said, as covered in our previous analysis, we also expect Advanced Micro Devices (AMD) to gain market share against Intel with its performance competitive advantages from its CPU portfolio.</p><h2><b>Valuation</b></h2><p>We summarized our revenue projections for the company’s Data Center segment in the table below. Whereas for its other segments, we retained our projections based on our previous analysis. Compared to our previous analysis, our revised revenue projections have a higher average revenue growth forecast of 28.3% compared to 23.4% in our previous analysis driven by higher revenue growth in its Data Center segment at an average of 33.6% compared to 21.9% previously.</p><table><tbody><tr><td><p><b>Nvidia Revenue Projections ($ bln)</b></p></td><td><p><b>2021</b></p></td><td><p><b>2022F</b></p></td><td><p><b>2023F</b></p></td><td><p><b>2024F</b></p></td><td><p><b>2025F</b></p></td></tr><tr><td><p>Gaming</p></td><td><p>12,462</p></td><td><p>15,953</p></td><td><p>20,421</p></td><td><p>26,141</p></td><td><p>33,463</p></td></tr><tr><td><p>Professional Visualization</p></td><td><p>2,111</p></td><td><p>2,318</p></td><td><p>2,545</p></td><td><p>2,794</p></td><td><p>3,068</p></td></tr><tr><td><p>Data Center</p></td><td><p>10,613</p></td><td><p>13,632</p></td><td><p>18,051</p></td><td><p>24,606</p></td><td><p>33,858</p></td></tr><tr><td><p>Automotive</p></td><td><p>566</p></td><td><p>691</p></td><td><p>842</p></td><td><p>1,028</p></td><td><p>1,254</p></td></tr><tr><td><p>OEM and Other</p></td><td><p>1,162</p></td><td><p>1,162</p></td><td><p>1,162</p></td><td><p>1,162</p></td><td><p>1,162</p></td></tr><tr><td><p><b>Total</b></p></td><td><p><b>26,914</b></p></td><td><p><b>33,755</b></p></td><td><p><b>43,022</b></p></td><td><p><b>55,731</b></p></td><td><p><b>72,806</b></p></td></tr><tr><td><p><b>Growth %</b></p></td><td><p><b>61.4%</b></p></td><td><p><b>25.4%</b></p></td><td><p><b>27.5%</b></p></td><td><p><b>29.5%</b></p></td><td><p><b>30.6%</b></p></td></tr></tbody></table><p><i>Source: Nvidia, Khaveen Investments </i></p><p>We valued the company based on a DCF analysis as we continue to expect it to generate positive FCFs. We updated our terminal value of the average chipmaker EV/EBITDA to 18.44x from 23.9x previously.</p><p></p><p><img src=\"https://static.tigerbbs.com/e00c22eaa47730a579e234e710016b3b\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>SeekingAlpha, Khaveen Investments</p><p>Based on a discount rate of 13.3% (company’s WACC), our model shows its shares are undervalued by 99.58%.</p><p><img src=\"https://static.tigerbbs.com/60d370c61b912473ae428c795c9be999\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Khaveen Investments</p><h2><b>Verdict</b></h2><p>To conclude, we expect the company’s data center segment’s segment outlook to be supported by its presence across the 6 data center classes including supercomputers, enterprise computing, hyperscalers, cloud computing, edge computing and Factory AI with its broad hardware solutions and partnerships with key customers. Additionally, with its full stack of AI solutions, we expect the company to leverage its competitiveness to expand with its Enterprise AI software with an estimated revenue opportunity of $55 bln by 2028. Lastly, with the planned launch of its Arm CPU by 2023, we forecasted its revenue opportunity of $10 bln by 2028 based on a 20% market share assumption.</p><p>Overall, we revised our revenue growth projections for the company with a higher average of 28.3% compared to 23.4% previously driven by higher data center segment growth from 21.9% to 33.6%. However, we obtained a lower price target with a lower EV/EBITDA average of 18.44x from 23.4x previously as well as a higher discount rate. Though, Nvidia’s stock price had declined by 51% YTD which we believe presents an attractive upside for the company. Overall, we rate the company as a <i>Strong Buy</i> with a target price of <i>$289.85.</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>Nvidia: Time To Buy The King Of Data Centers</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\">\nNvidia: Time To Buy The King Of Data Centers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-09 11:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4522089-nvidia-time-to-buy-the-king-of-data-centers><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nvidia Corporation's (NASDAQ:NVDA) data center segment has overtaken its Gaming segment to become its largest segment, in its Q1 FY2023, growing robustly by 83% YoY. Based on the company’s breakdown ...</p>\n\n<a href=\"https://seekingalpha.com/article/4522089-nvidia-time-to-buy-the-king-of-data-centers\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://seekingalpha.com/article/4522089-nvidia-time-to-buy-the-king-of-data-centers","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249893579","content_text":"Nvidia Corporation's (NASDAQ:NVDA) data center segment has overtaken its Gaming segment to become its largest segment, in its Q1 FY2023, growing robustly by 83% YoY. Based on the company’s breakdown of its data center business across 6 data center classes, we examined its product offering that caters to these customers and determined the outlook of its data center business segment as a whole.Moreover, we looked into the company’s product offerings of its GPUs and software to offer the full stack for data centers and how it is integrating AI and software functionalities to build on its data center leadership.As it recently introduced its Arm CPU products for data centers, we analyzed the Arm CPU market and the players within, and projected its share vs x86 processors. Based on this, we estimated the market opportunity for Nvidia and its revenue growth.Dominating Data Centers Across All 6 ClassesNvidia’s data center segment has become its largest segment accounting for 45% of revenues in Q1 FY2023 and had the highest growth CAGR of 73.8% in the past 5 years. Its computing platform consists of hardware and software such as GPUs, DPUs, interconnects and systems, CUDA programming model and software libraries. According to Nvidia’s CEO, the company listed 6 types of data center classes: supercomputing centers, enterprise computing data centers, hyperscalers, cloud computing and two new classes which are FactoryAI and edge data centers. In the table below, we compiled the different data center classes by their market sizes, forecast CAGR, location, applications, users, relative compute power and footprint.Data CenterMarket Size ($ bln)Market Forecast CAGRComputer PowerLocationFootprint ('size')Types of Users/ OperatorsApplicationsSupercomputing Data Center6.516.2%Very HighSelf-operatedLargeGovernments, aerospace, petroleum, and automotive industriesHPC, quantum mechanics, weather forecasting, oil and gas exploration, molecular modeling, physical simulations, aerodynamics, nuclear fusion researchHyperscale Data Center32.214.9%HighSelf-operatedVery LargeLarge multinational companies, cloud service providersColocation, cryptography, genome processing, and 3D renderingEnterprise Data Center84.212.0%LowSelf-operatedMediumEnterprises (Various industries)Company networks and systems (Various industries)Cloud Computing Data Center358.816.4%HighThird-partyVery LargeCloud service providersCloud-native application development, storage (IaaS), streaming, data analyticsEdge Data Center7.917.0%MediumThird-partyMediumEdge Data Center Companies, Telco, Healthcare5G, AV, Telemedicine, data analytics,Factory AI Data Center2.347.9%MediumSelf-operatedLowManufacturersSupply Chain Optimization, Predictive Maintenance, Process ControlSource: Research and Markets, Nvidia, Khaveen InvestmentsTo illustrate the market sizes of each data center class, we compiled the market revenues and forecast CAGR of each data center class based on Research and Markets. Based on the table above, cloud computing is the largest ($359 bln) as it consists of major cloud service providers including AWS, Azure and Google Cloud. this is followed by Enterprise Data Centers. Overall, the combined market size of the 6 data center classes is worth around $491 bln. However, the new data center classes, Factory AI and edge data center, have the highest CAGR of 47.9% and 17% respectively.Supercomputing Data CenterFirstly, supercomputing data centers which are computers with much higher computational capacities supporting intensive applications such asHPC, quantum mechanics, weather forecasting, oil and gas exploration, molecular modeling, physical simulations, aerodynamics, nuclear fusion research.In 2021, Nvidia claimed that 70% of the TOP500 supercomputers in the world are powered by its accelerators and it's even higher at 90% for new systems. The company had remarkable growth in this area over the past 10 years from 34% share of the TOP500 systems in 2011. For example, the company’s GPUs power the fastest supercomputers in the U.S. and Europe like the Oak Ridge National Labs’ Summit, the world’s smartest supercomputer. The company has recently introduced its H100 GPUs based on its Hopper architecture which follows its A100 GPUs based on its Ampere architecture. Supercomputers are equipped with a large number of GPUs, previously Nvidia stated that 6 supercomputers used a total of 13,000 A100 GPUs.Enterprise Data CenterBesides supercomputers, the company also targets enterprise systems. According to Cisco, compared to other types of data centers, enterprise data centers are built and operated by companies within their premises and optimized for their users to support their data and storage requirements by companies in various industries such as IT, financial services, and healthcare. However, in comparison, hyperscale data centers have higher compute capacities. Based on Nvidia, its NVIDIA-Certified Systemenable enterprises to confidently deploy hardware solutions that securely and optimally run their modern accelerated workloads.The company’s Nvidia-certified data center partners include the top server providers such as Lenovo (OTCPK:LNVGY), Fujitsu (OTCPK:FJTSF), Dell (DELL), Cisco (CSCO), and HPE (HPE), with a combined market share of over 38% of the server market based on the IDC. Also, the company introduced its EGX for enterprise as well as edge computing.Hyperscale Data CentersMoreover, Nvidia also targets hyperscale data centers which are massive facilities exceeding 5,000 servers and 10,000 square feet according to the IDC. They are “designed to support robust and scalable applications” due to their agility to scale up or down to meet customers’ demands by adding more computing power to their infrastructure. For example, companies which operate these facilities include Yahoo, Facebook (META), Microsoft (MSFT), Apple (AAPL), Google (GOOG, GOOGL) and Amazon (AMZN). According to Vertiv, there were more than 600 hyperscale data centers in 2021. Nvidia has “ready-to-use system reference designs” based on its GPUs such as its HGX product for hyperscale and supercomputing data centers.Cloud Computing Additionally, the company also underline cloud computing data centers, allowing customers and developers to leverage Nvidia’s hardware through the cloud to support applications such as advanced medical imaging, automated customer service, and cinematic-quality gaming. According to Microsoft, cloud computing is the delivery of computing services over the internet with services such as IaaS, PaaS and SaaS with use cases including creating cloud-native applications, streaming and data analytics. Besides that, Nvidia has partnerships with major cloud service providers including Amazon, the market leader in the cloud infrastructure market with a 33% market share in 2021 according to Canalys, trailed by Microsoft Azure, Google Cloud and Alibaba Cloud (BABA, OTCPK:BABAF). These cloud providers are also part of the company’s partner ecosystem.And now, with NVIDIA’s GPU-accelerated solutions available through all top cloud platforms, innovators everywhere can access massive computing power on demand and with ease. – NvidiaAI Factory In addition to these 4 classes of data centers, the company also highlighted the first new data center class which is “AI Factory.” According to CEO Jensen Huang, manufacturers are becoming “intelligence manufacturers” processing and refining data. The company highlighted its GPU-accelerated computing for applications leveraging AI including Supply Chain Optimization, Predictive Maintenance and Process Control for operations optimization improved time-to-insight and lower cost. According to Nvidia’s CEO, the company highlighted 150,000 factories refining data, creating models and becoming intelligence manufacturers. The company has its AGX platform for autonomous machines. For example, one customer of the company is BMW which is using its hardware and software for its robotics and machinery.The idea is to equip BMW’s factory with all manner of Nvidia hardware. First, the company will use Nvidia’s DGX and Isaac simulation software to train and test the robots; Nvidia Quadro ray-tracing GPUs will render synthetic machine parts. – Nvidia CEOEdge Data CenterLastly, the company also highlighted edge data centers which are smaller data centers that are closer to end-users for lower latency and greater speed benefits according to Nlyte Software. Nvidia highlighted that edge data centers span a wide range of applications such as “warehouse, retail stores, cities, public places, cars, robots”. Compared to cloud computing where data is sent from the edge to the cloud, edge computing refers to data computed right at the edge. The company’s EGX for enterprise and edge computing. Based on the company, its NVIDIA EGX and Jetson solutionsaccelerate the most powerful edge computing systems to power diverse applications, including industrial inspection, predictive maintenance, factory robotics, and autonomous machines.Furthermore, we updated our revenue projection for Nvidia’s data center segment in the table below from our previous analysis based on its data center revenue share of the total cloud market capex. To derive this, we forecasted the total cloud market capex based on our projection of the total cloud market from data volume growth forecasts.Volume of Data Worldwide201720182019202020212022F2023F2024F2025F2026FCloud Infrastructure Market Revenues ($ bln)46.56996129.5178.0248.1349.7485.7679.8951.4Cloud Infrastructure Market Revenue Growth %45%48%39%35%37%39%41%39%40%40%Data Volume (ZB)26334164.27997120147181222.9Data Volume Growth %44%27%24%57%23%23%24%23%23%23%Total Market Capex (Adjusted)54.382.888.0125.7163.9209271344442567Total Market Capex Growth %30%52%6%43%30%28%29%27%28%28%Nvidia Data Center Share of Capex Spend3.6%3.5%3.4%5.3%6.5%6.5%6.5%6.5%6.5%6.5%Nvidia Data Center Revenues1.92.93.06.710.613.617.522.328.636.7Nvidia Data Center Revenues Growth %132.5%51.8%1.8%124.5%58.5%27.7%29.2%27.3%28.3%28.3%Source: Nvidia, Company Data, Khaveen Investments Overall, we believe the company’s data center segment outlook is supported by its presence across the 6 types of data centers underlined including supercomputers, enterprise computing, hyperscalers, cloud computing, edge computing and Factory AI. Besides a broad product portfolio catering to each data center class, the company also has partnerships with key customers such as major server vendors and cloud service providers. Based on our revenue projection, we derived an average revenue growth rate of 28.2% for its segment through 2026.Integrating Software and AI into Data CentersA data center consists of chips including GPU, central processing unit (CPU), and field-programmable gate array (FPGA) which are some of the commonly used data center chips according to imarc. According to the company, it highlighted the greater compute capabilities of GPUs used as accelerators in data centers running tens of thousands of threads compared to CPUs. According to Network World,GPUs are better suited than CPUs for handling many of the calculations required by AI and machine learning in enterprise data centers and hyperscaler networks.According to Ark Invest, CPUs comprised 83% of data center budgets in 2020 but were forecasted to decline to 40% by 2030 as GPUs become the dominant processor.In its annual report, Nvidia claims to have a platform strategy that brings its hardware, software, algorithms and software libraries together. Furthermore, the company highlighted the introduction of its CUDA programming model which enabled its GPUs with parallel processing capabilities for intensive compute workloads such as deep learning and machine learning.With our introduction of the CUDA programming model in 2006, we opened the parallel processing capabilities of our GPU for general-purpose computing. This approach significantly accelerates the most demanding high-performance computing, or HPC, applications in fields such as aerospace, bioscience research, mechanical and fluid simulations, and energy exploration. Today, our GPUs and networking accelerate many of the fastest supercomputers across the world. In addition, the massively parallel compute architecture of our GPUs and associated software are well suited for deep learning and machine learning, powering the era of AI. While traditional CPU-based approaches no longer deliver advances on the pace described by Moore’s Law, we deliver GPU performance improvements on a pace ahead of Moore’s Law, giving the industry a path forward. – Nvidia 2022 Annual ReportNvidiaIn addition, as seen in the chart above, the company claims to provide a full stack of AI solutions. Besides its hardware, Nvidia has a collection of AI software solutions and development kits for customers and software developers including Clara Mionai, Riva, Maxine, Nemo and Merlin. Moreover, according to the company, it hasover 450 NVIDIA AI libraries and software development kits to serve industries such as gaming, design, quantum computing, AI, 5G/6G, and robotics.Furthermore, its products support various AI software frameworks and software such as RAPIDS, TensorFlow and PyTorch. As Nvidia continued to build up its AI stack, the company’s patents had been steadily increasing since 2018 to 1,174 in 2021 based on Global Data. In comparison, AMD’s patents had also been rising since 2017 with a higher number of patents (1,795) while Intel’s patent filings had been declining but have the most number of patents (11,677).Additionally, the company had introduced its standalone enterprise software offering including NVIDIA AI Enterprise which is $1,000 per node and has 25,000 enterprises already using its technology for AI. According to the company, it had a server installed base of 50 mln enterprises and a TAM of $150 bln for its Enterprise AI software based on its Investor Day Presentation. To determine the share of TAM we expect Nvidia to derive, we compared it against AMD and Intel in terms of its breadth of products, AI software integrations, GPU and CPU performance and price. We ranked the best company for each category with a weight of 0.5 followed by 0.3 for the second-best and 0.2 for the last company and calculated its average weight as our assumption for each company’s share of the TAM.Competitive PositioningNvidiaIntelAMDNumber of products754Software AI Integrations21187Average Data Center CPU BenchmarkN/A34,23776,308Average Data Center CPU PriceN/A$ 2,277$ 3,843GPU Performance (TFLOPS)60N/A47.9GPU Price$36,405N/A$ 14,500Competitive PositioningNvidiaIntelAMDNumber of products0.50.30.2Software AI Integrations0.50.30.2Average Data Center CPU Benchmark0.20.50.3Average Data Center CPU Price0.20.50.3GPU Performance (TFLOPS)0.50.20.3GPU Price0.30.20.5Weights0.370.330.30Source: Nvidia, Intel, AMD, WFTech, Khaveen Investments Based on the table, Nvidia has the broadest product breadth between AMD (4) and Intel (5) with 7 products as the company product offerings include GPUs and DPUs as well as reference design systems such as AGX, HGX, EGX and DGX. Also, it is planning to introduce CPUs based on Arm architecture. In comparison, Intel follows behind with its portfolio of ASICs, FPGAs, GPUs, CPUs and Smart NICs while AMD has FPGAs (Xilinx), CPUs, GPUs and DPUs. Furthermore, by referring to these companies’ AI presentation pitch decks and websites, we found that Nvidia has the highest AI software integrations (21) with its broad collection as stated above in addition to its cloud deployment and infrastructure optimization including Nvidia GPU Operator, Network Operator, vGPU, MagnumIO, CUDA-AI and vSphere integration as part of its AI Enterprise package. As Nvidia’s CPU and Intel’s GPU have yet to launch, we ranked it as the lowest with N/A for our calculations.In terms of hardware, we compared Intel and AMD data center CPUs from our previous analysis of Intel where we determined AMD’s performance advantage based on its higher benchmark score but with premium pricing compared to Intel. Additionally, we compared Nvidia’s H100 GPU based on its performance as measured by its TFLOPS specs with a higher maximum of 60 TFLOPS compared to AMD’s Instinct M250. Though, Nvidia’s GPU has a higher estimated price compared to AMD.Nvidia Enterprise AI Software Revenue ($ bln)20212022F2023F2024F2025F2026F2027F2028FMarket TAM150Nvidia Enterprise AI Software0.030.10.20.72.06.118.355Growth %200%200%200%200%200%200%200%Source: Nvidia, Khaveen Investments Overall, we determined that Nvidia edged out Intel and AMD with the highest competitive positioning with an average weightage for Nvidia at 37% which we used as our assumption for its share of the Enterprise AI software TAM. Based on the company’s $150 bln TAM as highlighted from its Investor Day, we estimated its revenue opportunity to be $55 bln growing at a CAGR of 200% from 2021 (calculated based on its average cost of $1,000 and 25,000 existing customers) which we believe is not unreasonable given the expected rise of AI which could contribute $15.7 tln in economic output by 2030 according to PwC.$10 billion Arm CPU Opportunity in Data CentersFurthermore, the company had recently introduced its Arm-based Grace CPU for data centers. In terms of specifications, it features 144 CPU cores, 1TB/s LPDDR5X and is connected coherently over NVLink®-C2C. The company also announced that multiple hardware vendors, including ASUS (OTC:AKCPF), Foxconn Industrial Internet, GIGABYTE, QCT, Supermicro and Wiwynn will build Grace-based systems that will start shipping in H1 2023. Additionally, the company had previously secured the Swiss National Supercomputing Centre, which has a budget of around $25 mln (fulfills 8% of forecasted Nvidia CPU revenue in 2023), as a customer for its CPUs and GPUs to provide 20 exaflops of AI performance.According to Omdia, 5% of servers shipped had Arm CPUs which is an increase compared to 2.5% in 2020. According to Softbank (OTCPK:SFTBY), the market share of Arm-based CPUs was forecasted to increase to 25% by 2028. We estimated the x86 data center CPU market size based on Intel’s DCG segment had revenues of $22.7 bln with a market share of 94.1% in 2021 based on Passmark. We then estimated the total data center CPU market size based on Arm’s market share of 5% by Omdia to derive the total data center CPU market which we forecasted to grow at a CAGR of 10.2% by 2028. Assuming the share of Arm CPUs increases to 25% by 2028 based on Softbank’s forecast, we derive the total Arm CPU market size of $12.5 bln in 2028.Arm CPU Market Projections ($ bln)20212022F2023F2024F2025F2026F2027F2028Fx86 Data Center CPU share95%94%92%90%87%84%80%75%Arm Data Center CPU Share5%6.3%7.9%10.0%12.5%15.8%19.9%25%Arm Data Center CPU Share CAGR25.8%25.8%25.8%25.8%25.8%25.8%x86 Data Center CPU market size24.126.228.430.632.834.836.437.6Growth %8.7%8.3%7.8%7.0%6.1%4.9%3.1%Arm Data Center CPU market size1.31.82.43.44.76.59.012.5Growth %38.7%38.7%38.7%38.7%38.7%38.7%38.7%Total25.428.030.834.037.441.345.550.1Growth %10.20%10.20%10.20%10.20%10.20%10.20%10.20%Source: Intel, Omdia, Softbank, BlueWeave Consulting, Khaveen InvestmentsCompanies such as Amazon, Ampere and Huawei had been developing Arm-based CPUs for servers. However, Amazon Graviton processors and Huawei’s Kunpeng chips are used in their own data centers in comparison to Nvidia. Based on a comparison of their specifications against Nvidia, Nvidia’s CPU offer a superior core count (144) compared to Ampere Altra Max (128), Amazon Graviton3 (64) and Huawei Kunpeng 920 (64). In terms of product and software integration, according to Nvidia, the Grace CPU will support its HPC software development kit and a full suite of CUDA libraries.Nvidia Arm CPU Revenue ($ bln)2023F2024F2025F2026F2027F2028FShare of TAM1%4.8%8.6%12.4%16.2%20%Nvidia CPU Revenue0.311.633.225.127.3710.02Growth %429.0%97.4%58.9%44.0%36.0%Source: Khaveen Investments All in all, we expect Nvidia’s introduction of its Arm CPU to support its data center segment growth as the company had already secured system hardware partners to build Grace CPU-based systems in H1 2023 and supercomputer customers. Additionally, we believe the company could be supported by its performance advantage with its 144 core CPU which is higher than its competitors as well as integrated with its other AI software.To project Nvidia’s CPU revenue, we assumed its share to rise 20% of our estimated market size by 2028 from 1% in 2023 assuming it releases its CPU as planned. We based our assumption of a 20% market share as we believe it could be faced with not only competitors such as Ampere but also AMD as its CFO indicated that it could embrace Arm CPUs and already had used Arm cores in other products such as microcontrollers while Intel plans to make Arm-based chips with its foundry for customers. This translates to average revenue growth of 133.1% for the company.Risk: Competition from IntelIn addition to competition from AMD, Nvidia could face greater competition as Intel introduced its data center GPUs. While Intel (INTC) has not established itself in the discrete GPU market despite leading the total GPU market with its integrated GPUs, we believe the company could pose a significant threat to Nvidia. This is because Intel dominated the data center CPU market with a 94% market share in 2021 based on PassMark. We believe this could provide Intel with an opportunity to leverage its relationships with key data center customers with cross-selling opportunities. That said, as covered in our previous analysis, we also expect Advanced Micro Devices (AMD) to gain market share against Intel with its performance competitive advantages from its CPU portfolio.ValuationWe summarized our revenue projections for the company’s Data Center segment in the table below. Whereas for its other segments, we retained our projections based on our previous analysis. Compared to our previous analysis, our revised revenue projections have a higher average revenue growth forecast of 28.3% compared to 23.4% in our previous analysis driven by higher revenue growth in its Data Center segment at an average of 33.6% compared to 21.9% previously.Nvidia Revenue Projections ($ bln)20212022F2023F2024F2025FGaming12,46215,95320,42126,14133,463Professional Visualization2,1112,3182,5452,7943,068Data Center10,61313,63218,05124,60633,858Automotive5666918421,0281,254OEM and Other1,1621,1621,1621,1621,162Total26,91433,75543,02255,73172,806Growth %61.4%25.4%27.5%29.5%30.6%Source: Nvidia, Khaveen Investments We valued the company based on a DCF analysis as we continue to expect it to generate positive FCFs. We updated our terminal value of the average chipmaker EV/EBITDA to 18.44x from 23.9x previously.SeekingAlpha, Khaveen InvestmentsBased on a discount rate of 13.3% (company’s WACC), our model shows its shares are undervalued by 99.58%.Khaveen InvestmentsVerdictTo conclude, we expect the company’s data center segment’s segment outlook to be supported by its presence across the 6 data center classes including supercomputers, enterprise computing, hyperscalers, cloud computing, edge computing and Factory AI with its broad hardware solutions and partnerships with key customers. Additionally, with its full stack of AI solutions, we expect the company to leverage its competitiveness to expand with its Enterprise AI software with an estimated revenue opportunity of $55 bln by 2028. Lastly, with the planned launch of its Arm CPU by 2023, we forecasted its revenue opportunity of $10 bln by 2028 based on a 20% market share assumption.Overall, we revised our revenue growth projections for the company with a higher average of 28.3% compared to 23.4% previously driven by higher data center segment growth from 21.9% to 33.6%. However, we obtained a lower price target with a lower EV/EBITDA average of 18.44x from 23.4x previously as well as a higher discount rate. Though, Nvidia’s stock price had declined by 51% YTD which we believe presents an attractive upside for the company. Overall, we rate the company as a Strong Buy with a target price of $289.85.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074454181,"gmtCreate":1658398703843,"gmtModify":1676536152933,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"no","listText":"no","text":"no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074454181","repostId":"2252580027","repostType":4,"isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"4113904591642392","idStr":"4113904591642392"},"content":"Thx for leaving a comment in my post, pls help to like my other posts🤗I can’t follow more people as my app keeps crashing.If u follow me,I can check your posts on a regularly & help to like them too","text":"Thx for leaving a comment in my post, pls help to like my other posts🤗I can’t follow more people as my app keeps crashing.If u follow me,I can check your posts on a regularly & help to like them too","html":"Thx for leaving a comment in my post, pls help to like my other posts🤗I can’t follow more people as my app keeps crashing.If u follow me,I can check your posts on a regularly & help to like them too"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9076528888,"gmtCreate":1657872911144,"gmtModify":1676536075744,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9076528888","repostId":"1148472982","repostType":4,"repost":{"id":"1148472982","pubTimestamp":1657898936,"share":"https://ttm.financial/m/news/1148472982?lang=&edition=fundamental","pubTime":"2022-07-15 23:28","market":"other","language":"en","title":"SPY: The Inflation Report From The Abyss","url":"https://stock-news.laohu8.com/highlight/detail?id=1148472982","media":"Seeking Alpha","summary":"SummaryFood and gas rose more than expected in June, and core prices shot higher than expected as we","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Food and gas rose more than expected in June, and core prices shot higher than expected as well.</li><li>We&#39;re now a step closer to the nightmare stagflation outlined by Nouriel Roubini and Michael Burry.</li><li>None of this is good for stocks. The ball is now in the Fed&#39;s court to see if they want to accelerate rate hikes to combat runaway inflation.</li><li>We have inflation. Q2 earnings will soon tell us whether we have stagflation.</li><li>I don&#39;t think this is the end of the world, but it&#39;s certainly not good. Stocks likely are still overvalued by 10% or more.</li></ul><p>June CPI came out this morning,showing overall prices rose 1.3% for the month, while core prices rose 0.7%. The initial market reaction was to dump both stocks and bonds. As of my writing this, the S&amp;P 500 (NYSEARCA:SPY) is down roughly 21% for the year.</p><p>The CPI numbers were really bad all around. Everyone knows that gasoline prices have skyrocketed, but the real problem for the Fed is in core areas like rent, services, and used cars. Bulls are likely to point out that gas prices have started falling since mid June. What matters far more for understanding the economy is how sticky prices like rents and other services are, and how pervasive supply chain issues have been. Now we have a crippling railroad strike potentially coming down the pike in the US, while Russia angles to shut down the Caspian Pipeline to further squeeze Europe. The possible rail strike especially is a big deal. Transportation strikes have brought down governments time and time again and in the most extreme case could knock out the electric grid in major metropolitan areas in the US during a historic heatwave. The strike will start Mondayunless the White House intervenes. Meanwhile, Biden is heading to Saudi Arabia to see what the US can do to get them to pump more oil. These are big problems with no easy solutions. Inflation is not magically going away on its own. With core prices surging, the Fed now has little choice but to continue to hike rates into a stagnating economy to curb demand.</p><p>Could rapidly hiking interest rates pull the rug on years of fraud, waste, and speculation that has built up in the financial system in a market crash? I wouldn&#39;t rule it out. Michael Burry is among the high-profile voices seeming to think so.</p><p><img src=\"https://static.tigerbbs.com/7776c62c265933484d49fbce47d849bb\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\"/>Data by YChartsWhere&#39;s The Market Headed Next?</p><p>Falling prices for stocks, bonds, and housing are all likely to continue, with a market crash predicted by the likes of Burry and &#34;Dr. Doom&#34; Nouriel Roubini if earnings come in poor while prices stay high. I don&#39;t think things will get bad enough to trigger a full-on crash, but I reiterate that stocks are likely to fall at least 10% to fair value-and possibly 20% or more. Ex-Treasury Secretary Larry Summers believes unemployment is likely to rise to 6% or so in the US.</p><p>Big banks mostly report their Q2 earnings this week or next week, and I think they&#39;ll be decent. The Fed hiking rates more than expected could actually benefit some financial companies if credit losses don&#39;t come in terribly bad. This said-guidance will be much more important than current results. Tech and consumer discretionary heavyweights report earnings toward the end of the month. Historically speaking, the S&amp;P 500 is heavily concentrated in a few mega-cap names, and if they see a slowdown in a few key areas, it will disproportionately affect the index. If Apple (AAPL) iPhone sales are weak because of dropping consumer confidence, or ad spending drops at Meta (META) or Google (GOOG) (GOOGL), then they&#39;ll drag down the index. Ditto for enterprise spending at companies like Microsoft (MSFT) and Amazon (AMZN).</p><p>Stock prices are a function of multiples and earnings. Earnings will impact stocks. Fed hikes should drive down the multiple that investors are willing to pay for profitable companies and to work to push junk companies out of business. The ball is now in the Fed&#39;s court for their meeting on July 26-27. They&#39;re likely forced to announce another 75 basis points in their next meeting and might announce more QT as well.</p><p>Bond yields popped on the CPI news, but the 10-year has since fallen back under 3% as of my writing this. These types of moves can always be from short covering, but I have some more thoughts on this. The US actually collected a ton of money in April due to people cashing in on various asset bubbles in 2021 and owing taxes. The federal government collected 19.6% of GDP in 2021, a figure only topped by the year 2000 and a couple of years during World War II. This means the government doesn&#39;t need to sell as many bonds this quarter, which pulls yields lower for the time being. 10-year yields probably still need to go to 3.5% and stay there to balance the economy. To this point, there have been some super interesting studies done on asset bubbles. The key takeaway is that bubbles redistribute huge amounts of wealth to the top 1% of households and the government at the expense of the middle class. A superior understanding of finance and economics is generally cited for why this is rather than conspiracy or fraud.</p><p>Even after today&#39;s awful inflation numbers, the 10-year inflation breakevens are low and falling. 2.3% annually is the inflation breakeven for the next 10 years in the US. If you think this is too low, you can buy TIPS (TIP) or commodities (VCMDX). Buffett is buying loads of Occidental (OXY) along a similar line of thinking. This is puzzling. The market, on the other hand, seems to firmly believe that we will have a recession and that having one will squelch inflation. The euro is trading near parity with the dollar as markets price a deep recession for the EU economy as the Russia-Ukraine war drags on. Recession fears are also reflected in the deepening inversion of the 2-year Treasury/10-year Treasury spread, a classic recession indicator.</p><p><b>Key Takeaways</b></p><ul><li>June CPI came in much worse than expected. Inflation - the economic venereal disease - is not going to go away on its own after the party is over. And there are some potential supply-side minefields ahead with strikes and shutdowns of energy production. The Fed is likely to need to hike rates more than expected as a result.</li><li>Most Q2 earnings for stocks come in between now and the end of the month. I don&#39;t think earnings will be particularly good. Companies that can&#39;t meet analyst estimates for earnings are likely to sell off, with the worst sell-offs concentrated in hyped-up growth companies that disappoint.</li><li>Without massive government borrowing and stimulus supporting it like in 2021, the S&amp;P 500 likely has another 10% downside to fair value and possibly 20% or more in a recession. With limited exceptions, investors are likely better off waiting to buy or dollar-cost-averaging than buying everything now.</li><li>The bond market seems to be pricing an economic recession and a collapse in inflation. But the continued relevance of yield curves in the age of QE and a boom in government revenues from previous asset bubbles is an open question. Bonds are buyable here, but I don&#39;t love the risk-reward.</li></ul></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>SPY: The Inflation Report From The Abyss</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\">\nSPY: The Inflation Report From The Abyss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-15 23:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4523128-spy-troubling-inflation-report><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryFood and gas rose more than expected in June, and core prices shot higher than expected as well.We're now a step closer to the nightmare stagflation outlined by Nouriel Roubini and Michael ...</p>\n\n<a href=\"https://seekingalpha.com/article/4523128-spy-troubling-inflation-report\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF"},"source_url":"https://seekingalpha.com/article/4523128-spy-troubling-inflation-report","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148472982","content_text":"SummaryFood and gas rose more than expected in June, and core prices shot higher than expected as well.We're now a step closer to the nightmare stagflation outlined by Nouriel Roubini and Michael Burry.None of this is good for stocks. The ball is now in the Fed's court to see if they want to accelerate rate hikes to combat runaway inflation.We have inflation. Q2 earnings will soon tell us whether we have stagflation.I don't think this is the end of the world, but it's certainly not good. Stocks likely are still overvalued by 10% or more.June CPI came out this morning,showing overall prices rose 1.3% for the month, while core prices rose 0.7%. The initial market reaction was to dump both stocks and bonds. As of my writing this, the S&P 500 (NYSEARCA:SPY) is down roughly 21% for the year.The CPI numbers were really bad all around. Everyone knows that gasoline prices have skyrocketed, but the real problem for the Fed is in core areas like rent, services, and used cars. Bulls are likely to point out that gas prices have started falling since mid June. What matters far more for understanding the economy is how sticky prices like rents and other services are, and how pervasive supply chain issues have been. Now we have a crippling railroad strike potentially coming down the pike in the US, while Russia angles to shut down the Caspian Pipeline to further squeeze Europe. The possible rail strike especially is a big deal. Transportation strikes have brought down governments time and time again and in the most extreme case could knock out the electric grid in major metropolitan areas in the US during a historic heatwave. The strike will start Mondayunless the White House intervenes. Meanwhile, Biden is heading to Saudi Arabia to see what the US can do to get them to pump more oil. These are big problems with no easy solutions. Inflation is not magically going away on its own. With core prices surging, the Fed now has little choice but to continue to hike rates into a stagnating economy to curb demand.Could rapidly hiking interest rates pull the rug on years of fraud, waste, and speculation that has built up in the financial system in a market crash? I wouldn't rule it out. Michael Burry is among the high-profile voices seeming to think so.Data by YChartsWhere's The Market Headed Next?Falling prices for stocks, bonds, and housing are all likely to continue, with a market crash predicted by the likes of Burry and \"Dr. Doom\" Nouriel Roubini if earnings come in poor while prices stay high. I don't think things will get bad enough to trigger a full-on crash, but I reiterate that stocks are likely to fall at least 10% to fair value-and possibly 20% or more. Ex-Treasury Secretary Larry Summers believes unemployment is likely to rise to 6% or so in the US.Big banks mostly report their Q2 earnings this week or next week, and I think they'll be decent. The Fed hiking rates more than expected could actually benefit some financial companies if credit losses don't come in terribly bad. This said-guidance will be much more important than current results. Tech and consumer discretionary heavyweights report earnings toward the end of the month. Historically speaking, the S&P 500 is heavily concentrated in a few mega-cap names, and if they see a slowdown in a few key areas, it will disproportionately affect the index. If Apple (AAPL) iPhone sales are weak because of dropping consumer confidence, or ad spending drops at Meta (META) or Google (GOOG) (GOOGL), then they'll drag down the index. Ditto for enterprise spending at companies like Microsoft (MSFT) and Amazon (AMZN).Stock prices are a function of multiples and earnings. Earnings will impact stocks. Fed hikes should drive down the multiple that investors are willing to pay for profitable companies and to work to push junk companies out of business. The ball is now in the Fed's court for their meeting on July 26-27. They're likely forced to announce another 75 basis points in their next meeting and might announce more QT as well.Bond yields popped on the CPI news, but the 10-year has since fallen back under 3% as of my writing this. These types of moves can always be from short covering, but I have some more thoughts on this. The US actually collected a ton of money in April due to people cashing in on various asset bubbles in 2021 and owing taxes. The federal government collected 19.6% of GDP in 2021, a figure only topped by the year 2000 and a couple of years during World War II. This means the government doesn't need to sell as many bonds this quarter, which pulls yields lower for the time being. 10-year yields probably still need to go to 3.5% and stay there to balance the economy. To this point, there have been some super interesting studies done on asset bubbles. The key takeaway is that bubbles redistribute huge amounts of wealth to the top 1% of households and the government at the expense of the middle class. A superior understanding of finance and economics is generally cited for why this is rather than conspiracy or fraud.Even after today's awful inflation numbers, the 10-year inflation breakevens are low and falling. 2.3% annually is the inflation breakeven for the next 10 years in the US. If you think this is too low, you can buy TIPS (TIP) or commodities (VCMDX). Buffett is buying loads of Occidental (OXY) along a similar line of thinking. This is puzzling. The market, on the other hand, seems to firmly believe that we will have a recession and that having one will squelch inflation. The euro is trading near parity with the dollar as markets price a deep recession for the EU economy as the Russia-Ukraine war drags on. Recession fears are also reflected in the deepening inversion of the 2-year Treasury/10-year Treasury spread, a classic recession indicator.Key TakeawaysJune CPI came in much worse than expected. Inflation - the economic venereal disease - is not going to go away on its own after the party is over. And there are some potential supply-side minefields ahead with strikes and shutdowns of energy production. The Fed is likely to need to hike rates more than expected as a result.Most Q2 earnings for stocks come in between now and the end of the month. I don't think earnings will be particularly good. Companies that can't meet analyst estimates for earnings are likely to sell off, with the worst sell-offs concentrated in hyped-up growth companies that disappoint.Without massive government borrowing and stimulus supporting it like in 2021, the S&P 500 likely has another 10% downside to fair value and possibly 20% or more in a recession. With limited exceptions, investors are likely better off waiting to buy or dollar-cost-averaging than buying everything now.The bond market seems to be pricing an economic recession and a collapse in inflation. But the continued relevance of yield curves in the age of QE and a boom in government revenues from previous asset bubbles is an open question. Bonds are buyable here, but I don't love the risk-reward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021376028,"gmtCreate":1653009081164,"gmtModify":1676535206976,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"650!","listText":"650!","text":"650!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021376028","isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074455802,"gmtCreate":1658398559706,"gmtModify":1676536152916,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"okay","listText":"okay","text":"okay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074455802","repostId":"2253171478","repostType":4,"isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9078527562,"gmtCreate":1657719538756,"gmtModify":1676536050724,"author":{"id":"4107069802859630","authorId":"4107069802859630","name":"A H Lim","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"4107069802859630","idStr":"4107069802859630"},"themes":[],"htmlText":"ok","listText":"ok","text":"ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9078527562","repostId":"1168271667","repostType":4,"repost":{"id":"1168271667","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657719404,"share":"https://ttm.financial/m/news/1168271667?lang=&edition=fundamental","pubTime":"2022-07-13 21:36","market":"us","language":"en","title":"U.S. Large-Cap Stocks Slid in Morning Trading, With Nvidia, Netflix, Amazon and Google Falling Over 2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1168271667","media":"Tiger Newspress","summary":"U.S. large-cap stocks slid in morning trading, with Nvidia, Netflix, Amazon and Google falling over ","content":"<html><head></head><body><p>U.S. large-cap stocks slid in morning trading, with Nvidia, Netflix, Amazon and Google falling over 2%.<img src=\"https://static.tigerbbs.com/05e51f1e5d56308a5160838efeb5e101\" tg-width=\"268\" tg-height=\"231\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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