Deskok personal page - To The Moon

Deskok

Deskok

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04-19

Hold Hold Hold is what I do.

03-22

Guess the winner，Earn Tiger Coins

Find out more here:Guess the winner，Earn Tiger Coins Come and participate in the“ Guess the winner，Earn Tiger Coins” event, find the trade master and invite friends to get up to 250 tiger coins.

Guess the winner，Earn Tiger Coins

01-15

Arowana not Arawana as reported in the picture

Sorry, the original content has been removed

01-13

[Cry] [Cry] [Cool] [What] [What] [What] [What]

01-10

[What] [What] [What] [What] [What] [What] [What] [What]

01-08

[What] [What] [What] [What] [What] [What]

01-05

[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool]

01-04

[What] [What] [What] [What] [What] [What] [What] [What]

@sega:👍👍👍👍👍👍

01-04

[What] [What] [What] [What] [What] [What] [What] [What] [What] [What]

01-04

Replying to @ah yap:Nice//@ah yap:[吃瓜] [吃瓜] [吃瓜] [强] [强] [强] [OK] [OK] [OK]

@TigerEvents:🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅

01-03

Thank [Cool] [Cool] [Cry] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool]

01-02

Thank you Tiger..................................

01-01

[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]

2023-12-31

Ok...............[Cool]

2023-12-29

Thank...[Happy] [Happy] [Happy] [Happy]

2023-12-27

Happy New Year. [Happy] [Happy] [Happy] [Happy]

2023-12-26

Thank................

2023-12-25

Posted for thank you.

2023-12-25

Ok Thank you. Nice game

2023-12-23

Daily posted for 1 move

Go to Tiger App to see more news

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[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/262485428191344","isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261688610459808,"gmtCreate":1704899278104,"gmtModify":1704899282491,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","listText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","text":"[What] [What] [What] [What] [What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261688610459808","isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":260642340126792,"gmtCreate":1704643846790,"gmtModify":1704643851021,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","listText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","text":"[What] [What] [What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/260642340126792","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259585307988016,"gmtCreate":1704385792160,"gmtModify":1704385796232,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;","listText":"[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;","text":"[Cool] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool] 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[What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259358632730840","repostId":"259357966917696","repostType":1,"repost":{"id":259357966917696,"gmtCreate":1704332479706,"gmtModify":1704332483386,"author":{"id":"3575161996739108","authorId":"3575161996739108","name":"sega","avatar":"https://static.tigerbbs.com/4f2b00f4df6434351b6947e1ed72a286","crmLevel":1,"crmLevelSwitch":0},"themes":[],"htmlText":"👍👍👍👍👍👍","listText":"👍👍👍👍👍👍","text":"👍👍👍👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259357966917696","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259358697168968,"gmtCreate":1704332567724,"gmtModify":1704332571169,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","listText":"[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;[What]&nbsp;&nbsp;","text":"[What] [What] [What] [What] [What] [What] [What] [What] [What] [What]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259358697168968","isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259358479802584,"gmtCreate":1704332551756,"gmtModify":1704332555668,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Replying to <a href=\"https://ttm.financial/U/3579358922068284\">@ah yap</a>:Nice//<a href=\"https://ttm.financial/U/3579358922068284\">@ah yap</a>:[吃瓜] [吃瓜] [吃瓜] [强] [强] [强] [OK] [OK] [OK]","listText":"Replying to <a href=\"https://ttm.financial/U/3579358922068284\">@ah yap</a>:Nice//<a href=\"https://ttm.financial/U/3579358922068284\">@ah yap</a>:[吃瓜] [吃瓜] [吃瓜] [强] [强] [强] [OK] [OK] [OK]","text":"Replying to @ah yap:Nice//@ah yap:[吃瓜] [吃瓜] [吃瓜] [强] [强] [强] [OK] [OK] [OK]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259358479802584","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"🐅🌟 TIGER TYCOON CHALLENGE IS ON! 🌟🐅","htmlText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct &amp; Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! 🎩💼 Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge – where fortunes are made, and USD 888 worth of prizes await the boldest players! 🏰🌈🎯 Objective: Build your empire, score big points, and unlock fabulous rewards!💰 Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! 💰💵🏠 Construct & Conquer: Step on an empty tile to construct a building to gain points! 🏰🏆 Prizes Galore: Hit the prize tile to claim your treasure – it could be anything! 🎁✨🔄 Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! 🔄🔮🚀 Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":48,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":259066513604624,"gmtCreate":1704261229854,"gmtModify":1704261233670,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cry]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;","listText":"Thank&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cry]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;[Cool]&nbsp;&nbsp;","text":"Thank [Cool] [Cool] [Cry] [Cool] [Cool] [Cool] [Cool] [Cool] [Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/259066513604624","isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258427969474816,"gmtCreate":1704126814257,"gmtModify":1704126818441,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank you Tiger..................................&nbsp;","listText":"Thank you Tiger..................................&nbsp;","text":"Thank you Tiger..................................","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258427969474816","isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":258083355287648,"gmtCreate":1704042527516,"gmtModify":1704042531645,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","listText":"[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","text":"[Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/258083355287648","isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257846157684904,"gmtCreate":1703984757026,"gmtModify":1703984759482,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok...............[Cool]&nbsp;&nbsp;","listText":"Ok...............[Cool]&nbsp;&nbsp;","text":"Ok...............[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257846157684904","isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":257253345575104,"gmtCreate":1703839889628,"gmtModify":1703839893742,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank...[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","listText":"Thank...[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","text":"Thank...[Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/257253345575104","isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256487501070552,"gmtCreate":1703638203544,"gmtModify":1703638207870,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Happy New Year.&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","listText":"Happy New Year.&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;[Happy]&nbsp;&nbsp;","text":"Happy New Year. [Happy] [Happy] [Happy] [Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256487501070552","isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":256080751644968,"gmtCreate":1703553865979,"gmtModify":1703553870427,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank................","listText":"Thank................","text":"Thank................","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/256080751644968","isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255909747421248,"gmtCreate":1703487950379,"gmtModify":1703487954936,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Posted for thank you.","listText":"Posted for thank you.","text":"Posted for thank you.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255909747421248","isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255908936458528,"gmtCreate":1703487924839,"gmtModify":1703487929952,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok&nbsp; Thank you. Nice game","listText":"Ok&nbsp; Thank you. Nice game","text":"Ok Thank you. Nice game","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/255908936458528","isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":255300776800472,"gmtCreate":1703342961237,"gmtModify":1703342966807,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Daily posted for 1 move","listText":"Daily posted for 1 move","text":"Daily posted for 1 move","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/255300776800472","isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":214333306470624,"gmtCreate":1693367124488,"gmtModify":1693367128831,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"I got trapped.&nbsp; Sad....","listText":"I got trapped.&nbsp; Sad....","text":"I got trapped. Sad....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214333306470624","repostId":"2363823414","repostType":4,"repost":{"id":"2363823414","pubTimestamp":1693363930,"share":"https://www.laohu8.com/m/news/2363823414?lang=&edition=full","pubTime":"2023-08-30 10:52","market":"sg","language":"en","title":"The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Are They a Bargain?","url":"https://stock-news.laohu8.com/highlight/detail?id=2363823414","media":"The Smart Investor","summary":"The REIT sector has been under pressure over the past year, but could these REITs be a bargain waiting to be scooped up?","content":"<html><head></head><body><p>The REIT sector is facing pressure from the twin challenges of high inflation and surging interest rates.</p><p>These headwinds have caused investors to feel pessimistic about this asset class as operating and finance costs look set to increase.</p><p>Income investors are naturally worried about declining distribution per unit (DPU) in such an environment.</p><p>Because of the bearish sentiment, the unit prices of many REITs have fallen to their 52-week lows.</p><p>However, investors may be throwing out the baby with the bathwater.</p><p>With REITs being sold down as an asset class, bargains could be emerging that can provide investors with attractive returns over the long term.</p><p>We highlight four Singapore REITs that recently touched a year-low and try to determine if they could be ripe for buying.</p><h2 id=\"id_838999668\"><a href=\"https://laohu8.com/S/01821\">ESR</a>-Logos REIT (SGX: J91U)</h2><p>ESR-Logos REIT is an industrial REIT with a portfolio of 81 properties spread across Singapore (60), Australia (20), and Japan (1).</p><p>The REIT’s assets under management stood at S$4.9 billion as of 30 June 2023.</p><p>ESR-Logos REIT’s unit price has declined by 16.2% year-to-date (YTD) and has hit its 52-week low of S$0.30 recently.</p><p>The REIT recently announced its fiscal 2023 first half (1H 2023) results ending 30 June 2023.</p><p>Gross revenue climbed 33.3% year on year to S$196.8 million while net property income (NPI) improved by 37% year on year to S$140.8 million.</p><p>However, DPU fell by 5.6% year on year to S$0.01378 because of a 46.1% year-on-year increase in the number of issued units.</p><p>The REIT maintained a high portfolio occupancy rate of 92.9% while reporting a positive rental reversion of 11.6% for 1H 2023.</p><p>ESR-Logos REIT also announced divestments of seven non-core assets worth S$337 million back in June 2023, helping to lower its gearing to 33.6% post-divestment.</p><p>Around three-quarters of its total debt is hedged to fixed rates and the REIT has refinanced all its debt for 2023.</p><p>Investors should also note that the REIT is backed by a strong sponsor in Hong Kong-listed <strong>ESR Group Ltd </strong>(HKSE: 1821).</p><h2 id=\"id_1525324343\">Lendlease Global Commercial REIT (SGX: JYEU)</h2><p>Lendlease Global Commercial REIT, or LREIT, is a retail and commercial REIT that owns Jem and 313 Somerset in Singapore and a freehold interest in Sky Complex in Milan, Italy.</p><p>The portfolio had a value of S$3.65 billion as of 30 June 2023.</p><p>LREIT’s unit price has slid 18.3% YTD, hitting a 52-week low of S$0.58.</p><p>The REIT released its fiscal 2023 (FY2023) results ending 30 June 2023.</p><p>Gross revenue more than doubled year on year from S$101.7 million to S$204.9 million because of the acquisition of Jem during FY2023.</p><p>NPI leapt 103.9% year on year to S$153.9 million.</p><p>However, DPU dipped by 3.2% year on year to S$0.047.</p><p>Despite the decline, both LREIT’s retail and office divisions saw positive rental reversions of 4.8% and 5.9%, respectively.</p><p>Investors should also take comfort in the REIT’s occupancy hitting close to 100%.</p><p>LREIT’s latest gearing ratio stood at 40.6% with a weighted average cost of debt of 2.69%.</p><p>Around 61% of the REIT’s borrowings are hedged to fixed rates and it has no refinancing risk for FY2024.</p><h2 id=\"id_648232604\">Cromwell European REIT (SGX: CWBU)</h2><p>Cromwell European REIT, or CEREIT, is a European commercial REIT with a portfolio of more than 110 properties in countries such as the Netherlands, Italy, France, Poland, and Germany.</p><p>Its AUM stood at €2.4 billion as of 30 June 2023.</p><p>CEREIT’s unit price has fallen by 5.3% YTD, touching a 52-week low of €1.42 recently.</p><p>1H 2023’s results saw gross revenue inch up 0.9% year on year to €108.3 million. </p><p>NPI edged up 1.8% year on year to €68.5 million but DPU fell by 10.4% year on year to €0.0779.</p><p>The REIT’s occupancy rate remained high at 95.4% and it also logged a positive rental reversion of 5.9%.</p><p>CEREIT’s portfolio has 842 tenants with 1,058 leases with the top 10 tenants making up 28.2% of gross rental income.</p><p>Aggregate leverage stood at 41.5% with an all-in interest rate of 2.85%.</p><p>CEREIT had conducted €135 million of divestments in 2022 and is slated to execute another €200 million in 2023 as part of its capital recycling program.</p><h2 id=\"id_2311894506\">Keppel Pacific Oak US REIT (SGX: CMOU)</h2><p>Keppel Pacific Oak US REIT, or KORE, is a US office REIT with 13 freehold office buildings and business campuses across eight markets in the US.</p><p>The REIT has a total asset value of US$1.42 billion as of 31 December 2022.</p><p>KORE’s unit price has tumbled 45.5% YTD to its 52-week low of US$0.24 in line with the weak fundamentals in the US office market.</p><p>For 1H 2023, gross revenue increased 2.4% year on year to S$75.9 million while NPI improved by 2% year on year to S$43.9 million.</p><p>DPU fell 17.2% year on year to US$0.025.</p><p>The good news is that KORE does not have any refinancing obligations till 4Q 2024.</p><p>Its aggregate leverage stood at 38.4% with an all-in average cost of debt of 3.99%.</p><p>In-place rents are around 1.6% below asking rents, giving KORE room for organic rental growth.</p><p>The REIT has also built-in rental escalations of around 2.5% across its portfolio.</p><p></p></body></html>","source":"thesmartinvestor_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>The Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Are They a Bargain?</title>\n<style 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Share Prices of These 4 Singapore REITs Are Hitting a Year-Low: Are They a Bargain?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-30 10:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/the-share-prices-of-these-4-singapore-reits-are-hitting-a-year-low-are-they-a-bargain/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The REIT sector is facing pressure from the twin challenges of high inflation and surging interest rates.These headwinds have caused investors to feel pessimistic about this asset class as operating ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/the-share-prices-of-these-4-singapore-reits-are-hitting-a-year-low-are-they-a-bargain/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK6011":"零售业房地产投资信托","BK6132":"办公室房地产信托","CWBU.SI":"Cromwell Reit EUR","BK6133":"工业房地产信托","BK6072":"多样化房地产投资信托v","BK6137":"零售房地产信托","J91U.SI":"ESR-REIT","BK6099":"办公房地产投资信托","BK6512":"房地产股","JYEU.SI":"Lendlease Reit","BK6082":"工业房地产投资信托","CMOU.SI":"吉宝-KBS美国房地产信托"},"source_url":"https://thesmartinvestor.com.sg/the-share-prices-of-these-4-singapore-reits-are-hitting-a-year-low-are-they-a-bargain/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2363823414","content_text":"The REIT sector is facing pressure from the twin challenges of high inflation and surging interest rates.These headwinds have caused investors to feel pessimistic about this asset class as operating and finance costs look set to increase.Income investors are naturally worried about declining distribution per unit (DPU) in such an environment.Because of the bearish sentiment, the unit prices of many REITs have fallen to their 52-week lows.However, investors may be throwing out the baby with the bathwater.With REITs being sold down as an asset class, bargains could be emerging that can provide investors with attractive returns over the long term.We highlight four Singapore REITs that recently touched a year-low and try to determine if they could be ripe for buying.ESR-Logos REIT (SGX: J91U)ESR-Logos REIT is an industrial REIT with a portfolio of 81 properties spread across Singapore (60), Australia (20), and Japan (1).The REIT’s assets under management stood at S$4.9 billion as of 30 June 2023.ESR-Logos REIT’s unit price has declined by 16.2% year-to-date (YTD) and has hit its 52-week low of S$0.30 recently.The REIT recently announced its fiscal 2023 first half (1H 2023) results ending 30 June 2023.Gross revenue climbed 33.3% year on year to S$196.8 million while net property income (NPI) improved by 37% year on year to S$140.8 million.However, DPU fell by 5.6% year on year to S$0.01378 because of a 46.1% year-on-year increase in the number of issued units.The REIT maintained a high portfolio occupancy rate of 92.9% while reporting a positive rental reversion of 11.6% for 1H 2023.ESR-Logos REIT also announced divestments of seven non-core assets worth S$337 million back in June 2023, helping to lower its gearing to 33.6% post-divestment.Around three-quarters of its total debt is hedged to fixed rates and the REIT has refinanced all its debt for 2023.Investors should also note that the REIT is backed by a strong sponsor in Hong Kong-listed ESR Group Ltd (HKSE: 1821).Lendlease Global Commercial REIT (SGX: JYEU)Lendlease Global Commercial REIT, or LREIT, is a retail and commercial REIT that owns Jem and 313 Somerset in Singapore and a freehold interest in Sky Complex in Milan, Italy.The portfolio had a value of S$3.65 billion as of 30 June 2023.LREIT’s unit price has slid 18.3% YTD, hitting a 52-week low of S$0.58.The REIT released its fiscal 2023 (FY2023) results ending 30 June 2023.Gross revenue more than doubled year on year from S$101.7 million to S$204.9 million because of the acquisition of Jem during FY2023.NPI leapt 103.9% year on year to S$153.9 million.However, DPU dipped by 3.2% year on year to S$0.047.Despite the decline, both LREIT’s retail and office divisions saw positive rental reversions of 4.8% and 5.9%, respectively.Investors should also take comfort in the REIT’s occupancy hitting close to 100%.LREIT’s latest gearing ratio stood at 40.6% with a weighted average cost of debt of 2.69%.Around 61% of the REIT’s borrowings are hedged to fixed rates and it has no refinancing risk for FY2024.Cromwell European REIT (SGX: CWBU)Cromwell European REIT, or CEREIT, is a European commercial REIT with a portfolio of more than 110 properties in countries such as the Netherlands, Italy, France, Poland, and Germany.Its AUM stood at €2.4 billion as of 30 June 2023.CEREIT’s unit price has fallen by 5.3% YTD, touching a 52-week low of €1.42 recently.1H 2023’s results saw gross revenue inch up 0.9% year on year to €108.3 million. NPI edged up 1.8% year on year to €68.5 million but DPU fell by 10.4% year on year to €0.0779.The REIT’s occupancy rate remained high at 95.4% and it also logged a positive rental reversion of 5.9%.CEREIT’s portfolio has 842 tenants with 1,058 leases with the top 10 tenants making up 28.2% of gross rental income.Aggregate leverage stood at 41.5% with an all-in interest rate of 2.85%.CEREIT had conducted €135 million of divestments in 2022 and is slated to execute another €200 million in 2023 as part of its capital recycling program.Keppel Pacific Oak US REIT (SGX: CMOU)Keppel Pacific Oak US REIT, or KORE, is a US office REIT with 13 freehold office buildings and business campuses across eight markets in the US.The REIT has a total asset value of US$1.42 billion as of 31 December 2022.KORE’s unit price has tumbled 45.5% YTD to its 52-week low of US$0.24 in line with the weak fundamentals in the US office market.For 1H 2023, gross revenue increased 2.4% year on year to S$75.9 million while NPI improved by 2% year on year to S$43.9 million.DPU fell 17.2% year on year to US$0.025.The good news is that KORE does not have any refinancing obligations till 4Q 2024.Its aggregate leverage stood at 38.4% with an all-in average cost of debt of 3.99%.In-place rents are around 1.6% below asking rents, giving KORE room for organic rental growth.The REIT has also built-in rental escalations of around 2.5% across its portfolio.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952062784,"gmtCreate":1674268163249,"gmtModify":1676538934606,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":13,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9952062784","repostId":"2305961879","repostType":2,"repost":{"id":"2305961879","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1674265947,"share":"https://www.laohu8.com/m/news/2305961879?lang=&edition=full","pubTime":"2023-01-21 09:52","market":"us","language":"en","title":"A Tesla Bull-Bear Debate Just Happened. Both Sides Were Wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2305961879","media":"Dow Jones","summary":"Tesla stock is controversial and will remain so for years.A big Tesla bull-bear debate just went dow","content":"<html><head></head><body><h4>Tesla stock is controversial and will remain so for years.</h4><p>A big Tesla bull-bear debate just went down, but most of the ground covered was old news. Investors should be asking different questions about the industry and how          Tesla can keep growing.</p><p>Friday afternoon, <i>The Wall Street Journal</i> hosted the <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> event, with Kynikos Associates founder Jim Chanos, a bear, and Gerber Kawasaki Wealth &amp; Investment Management CEO Ross Gerber, a bull.</p><p>Chanos is short Tesla, and benefits from the stock going down, while Gerber owns the shares. Investors should realize both men were making the case that would benefit them financially.</p><p>To sum up the 45-minute event, Chanos believes Tesla is just a car company, and that its high margins will fall to industry averages over time. He didn’t address benefits to the company that come from its charging network, or the extra margin Tesla gains by functioning as its own dealership network.</p><p>Gerber counters that Tesla is more than a car company. He argues that margins can remain elevated as the company realizes benefits from increasing the scale of its car and battery manufacturing, as well as software-related sales and services. He believes Tesla is more like Apple (AAPL) than General Motors (GM).</p><p>That sums up a bull-bear debate that has been going on for a long time.</p><p>Beyond the basics, Chanos pointed out that Tesla inventories are increasing in the U.S. and overseas. But that is essentially old news and reflects what happened before Tesla cut vehicle prices around the globe.</p><p>Watching demand in 2023, of course, is critical for the stock this year. If Tesla doesn’t deliver more than 1.8 million units, roughly the current analyst consensus, the stock will struggle.</p><p>Chanos also believes Tesla should trade at a small premium to other auto makers which trade for single-digit price/earnings rations and about “three to five times gross profit.” <i>Barron’s</i> disagrees. Auto makers trade for below-average valuation multiples because the industry increases its sales and earnings at rates far lower than the rest of the market, but Tesla grows much faster.</p><p>Ford Motor (F), which <i>Barron’s</i> picked in a 2020 cover story, is expected to generate 2023 sales of about $159 billion, compared with about $160 billion in 2018. Tesla sales in 2023 are expected to be about $110 billion, up more than 30% compared with 2022. In 2018, Tesla generated closer to $20 billion in sales.</p><p>If Tesla’s growth stops, the valuation multiple, which is currently at about 27 times estimated 2023 earnings, will fall dramatically. Both men agreed that if Tesla earns $2 a share in 2023, the stock will struggle, but the current consensus estimates for 2022 and 2023 are about $4 and $4.80, respectively.</p><p>Gerber, for his part, said nothing would make him a Tesla bear. That’s a very strong stance. A piece of advice <i>Barron’s</i> has taken to heart is that investors should have “strong views held lightly.”</p><p>How to value growth companies like Tesla is important, but what really counts for the stock is how fast EVs’ share of new car sales will increase. Battery-electric vehicles represented a little less than 10% of all new car sales around the world in 2022. If EVs hit 20% of new car sales in a a few years, Tesla’s sales should at least double from the 2022 level.</p><p>Investors should also be watching for new models from Tesla. The average Tesla cost roughly $54,000 in the third quarter of 2022, putting the cars out of the reach of a good portion of buyers. In the U.S. about one-third of the cars sold cost less than $36,000, so Tesla eventually will need a lower-priced EV.</p><p><i>Barron’s</i> is talking our book too. We recommended the stock on Jan. 6, believing shares had declined enough to fully reflect all the challenges of rising rates, more competition, and falling prices.</p><p>Tesla stock is up about 16% since then, while the S&amp;P 500 is down less than 1%. It is way too early to declare who is right about Tesla shares in 2023.</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>A Tesla Bull-Bear Debate Just Happened. Both Sides Were Wrong</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nA Tesla Bull-Bear Debate Just Happened. Both Sides Were Wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-01-21 09:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><h4>Tesla stock is controversial and will remain so for years.</h4><p>A big Tesla bull-bear debate just went down, but most of the ground covered was old news. Investors should be asking different questions about the industry and how          Tesla can keep growing.</p><p>Friday afternoon, <i>The Wall Street Journal</i> hosted the <a href=\"https://laohu8.com/S/TSLA\">Tesla</a> event, with Kynikos Associates founder Jim Chanos, a bear, and Gerber Kawasaki Wealth &amp; Investment Management CEO Ross Gerber, a bull.</p><p>Chanos is short Tesla, and benefits from the stock going down, while Gerber owns the shares. Investors should realize both men were making the case that would benefit them financially.</p><p>To sum up the 45-minute event, Chanos believes Tesla is just a car company, and that its high margins will fall to industry averages over time. He didn’t address benefits to the company that come from its charging network, or the extra margin Tesla gains by functioning as its own dealership network.</p><p>Gerber counters that Tesla is more than a car company. He argues that margins can remain elevated as the company realizes benefits from increasing the scale of its car and battery manufacturing, as well as software-related sales and services. He believes Tesla is more like Apple (AAPL) than General Motors (GM).</p><p>That sums up a bull-bear debate that has been going on for a long time.</p><p>Beyond the basics, Chanos pointed out that Tesla inventories are increasing in the U.S. and overseas. But that is essentially old news and reflects what happened before Tesla cut vehicle prices around the globe.</p><p>Watching demand in 2023, of course, is critical for the stock this year. If Tesla doesn’t deliver more than 1.8 million units, roughly the current analyst consensus, the stock will struggle.</p><p>Chanos also believes Tesla should trade at a small premium to other auto makers which trade for single-digit price/earnings rations and about “three to five times gross profit.” <i>Barron’s</i> disagrees. Auto makers trade for below-average valuation multiples because the industry increases its sales and earnings at rates far lower than the rest of the market, but Tesla grows much faster.</p><p>Ford Motor (F), which <i>Barron’s</i> picked in a 2020 cover story, is expected to generate 2023 sales of about $159 billion, compared with about $160 billion in 2018. Tesla sales in 2023 are expected to be about $110 billion, up more than 30% compared with 2022. In 2018, Tesla generated closer to $20 billion in sales.</p><p>If Tesla’s growth stops, the valuation multiple, which is currently at about 27 times estimated 2023 earnings, will fall dramatically. Both men agreed that if Tesla earns $2 a share in 2023, the stock will struggle, but the current consensus estimates for 2022 and 2023 are about $4 and $4.80, respectively.</p><p>Gerber, for his part, said nothing would make him a Tesla bear. That’s a very strong stance. A piece of advice <i>Barron’s</i> has taken to heart is that investors should have “strong views held lightly.”</p><p>How to value growth companies like Tesla is important, but what really counts for the stock is how fast EVs’ share of new car sales will increase. Battery-electric vehicles represented a little less than 10% of all new car sales around the world in 2022. If EVs hit 20% of new car sales in a a few years, Tesla’s sales should at least double from the 2022 level.</p><p>Investors should also be watching for new models from Tesla. The average Tesla cost roughly $54,000 in the third quarter of 2022, putting the cars out of the reach of a good portion of buyers. In the U.S. about one-third of the cars sold cost less than $36,000, so Tesla eventually will need a lower-priced EV.</p><p><i>Barron’s</i> is talking our book too. We recommended the stock on Jan. 6, believing shares had declined enough to fully reflect all the challenges of rising rates, more competition, and falling prices.</p><p>Tesla stock is up about 16% since then, while the S&amp;P 500 is down less than 1%. It is way too early to declare who is right about Tesla shares in 2023.</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":"2305961879","content_text":"Tesla stock is controversial and will remain so for years.A big Tesla bull-bear debate just went down, but most of the ground covered was old news. Investors should be asking different questions about the industry and how          Tesla can keep growing.Friday afternoon, The Wall Street Journal hosted the Tesla event, with Kynikos Associates founder Jim Chanos, a bear, and Gerber Kawasaki Wealth & Investment Management CEO Ross Gerber, a bull.Chanos is short Tesla, and benefits from the stock going down, while Gerber owns the shares. Investors should realize both men were making the case that would benefit them financially.To sum up the 45-minute event, Chanos believes Tesla is just a car company, and that its high margins will fall to industry averages over time. He didn’t address benefits to the company that come from its charging network, or the extra margin Tesla gains by functioning as its own dealership network.Gerber counters that Tesla is more than a car company. He argues that margins can remain elevated as the company realizes benefits from increasing the scale of its car and battery manufacturing, as well as software-related sales and services. He believes Tesla is more like Apple (AAPL) than General Motors (GM).That sums up a bull-bear debate that has been going on for a long time.Beyond the basics, Chanos pointed out that Tesla inventories are increasing in the U.S. and overseas. But that is essentially old news and reflects what happened before Tesla cut vehicle prices around the globe.Watching demand in 2023, of course, is critical for the stock this year. If Tesla doesn’t deliver more than 1.8 million units, roughly the current analyst consensus, the stock will struggle.Chanos also believes Tesla should trade at a small premium to other auto makers which trade for single-digit price/earnings rations and about “three to five times gross profit.” Barron’s disagrees. Auto makers trade for below-average valuation multiples because the industry increases its sales and earnings at rates far lower than the rest of the market, but Tesla grows much faster.Ford Motor (F), which Barron’s picked in a 2020 cover story, is expected to generate 2023 sales of about $159 billion, compared with about $160 billion in 2018. Tesla sales in 2023 are expected to be about $110 billion, up more than 30% compared with 2022. In 2018, Tesla generated closer to $20 billion in sales.If Tesla’s growth stops, the valuation multiple, which is currently at about 27 times estimated 2023 earnings, will fall dramatically. Both men agreed that if Tesla earns $2 a share in 2023, the stock will struggle, but the current consensus estimates for 2022 and 2023 are about $4 and $4.80, respectively.Gerber, for his part, said nothing would make him a Tesla bear. That’s a very strong stance. A piece of advice Barron’s has taken to heart is that investors should have “strong views held lightly.”How to value growth companies like Tesla is important, but what really counts for the stock is how fast EVs’ share of new car sales will increase. Battery-electric vehicles represented a little less than 10% of all new car sales around the world in 2022. If EVs hit 20% of new car sales in a a few years, Tesla’s sales should at least double from the 2022 level.Investors should also be watching for new models from Tesla. The average Tesla cost roughly $54,000 in the third quarter of 2022, putting the cars out of the reach of a good portion of buyers. In the U.S. about one-third of the cars sold cost less than $36,000, so Tesla eventually will need a lower-priced EV.Barron’s is talking our book too. We recommended the stock on Jan. 6, believing shares had declined enough to fully reflect all the challenges of rising rates, more competition, and falling prices.Tesla stock is up about 16% since then, while the S&P 500 is down less than 1%. It is way too early to declare who is right about Tesla shares in 2023.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956432250,"gmtCreate":1674115975670,"gmtModify":1676538924672,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":14,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956432250","repostId":"2304698771","repostType":2,"repost":{"id":"2304698771","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":1674115490,"share":"https://www.laohu8.com/m/news/2304698771?lang=&edition=full","pubTime":"2023-01-19 16:04","market":"us","language":"en","title":"U.S. Stocks Flash Rare Bull-Market Signal for First Time in Nearly 3 Years. But Some Have Their Doubts","url":"https://stock-news.laohu8.com/highlight/detail?id=2304698771","media":"Dow Jones","summary":"Chart watchers question indicator's reliabilityA popular technical indicator that has signaled the s","content":"<html><head></head><body><p>Chart watchers question indicator&#39;s reliability</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/116ad26c220b0e8811ea7d742022a615\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>A popular technical indicator that has signaled the start of nascent bull markets in the past just arrived for the first time in nearly three years.</span></p><p>A technical signal that has portended previous turning points for the U.S. stock market arrived for the first time in nearly three years, according to data supplied by its creator.</p><p>But some on Wall Street suspect it may no longer be as reliable as it once was.</p><p>The technical indicator, which is known simply as the breadth-thrust indicator, was triggered on Jan. 12 for the first time since June 3, 2020. The indicator was created by retired analyst Walter Deemer in 1973 while he was working at Putnam Investments. A representative for the company confirmed that Deemer worked there between 1970 and 1980.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e83046c181113f3e4fa9b8a95239662c\" tg-width=\"700\" tg-height=\"568\" referrerpolicy=\"no-referrer\"/><span>NED DAVIS RESEARCH</span></p><p>Its arrival has caused quite a stir among technical analysts, according to MarketWatch interviews with several strategists.</p><h2>The breadth-thrust indicator</h2><p>The breadth-thrust indicator is based on a relatively simple formula: the main input is the ratio of New York Stock Exchange stocks and other securities that advanced over the course of 10 trading sessions compared with those that declined.</p><p>When said ratio climbs above 1.97, the indicator is triggered, Deemer said. This has happened only infrequently in the years since its creation, and often it has arrived just as a new bull market was beginning.</p><p>As the breadth-thrust indicator has grown in popularity, others have created their own modified versions of it, which, like the original, purport to offer investors a more detailed view into how individual stocks are influencing the broader market&#39;s performance.</p><p>Some variations focus solely on the advance-decline ratio of common stocks traded on the NYSE, while the original uses a broad measure that includes not just common stocks but preferred shares, exchange-traded funds and other products trading on the exchange, Deemer said.</p><h2>&#39;Trust the thrust&#39;?</h2><p>Some equity analysts believe the breadth-thrust indicator and other early-stage indicators of improving market breadth have become less helpful in recent years, partly because many of them have been triggered more frequently.</p><p>Ed Clissold, chief U.S. strategist at Ned Davis Research, said that several similar indicators maintained by his firm were triggered during last year&#39;s market tumult, raising questions about their continued utility.</p><p>&#34;The Wall Street cliché used to be &#39;trust the thrust&#39; because they would be among the first indicators to signal a new bull market is under way,&#34; Clissold said in a phone interview.</p><p>&#34;But because these thrust indicators are becoming more frequent, we now say &#39;trust but verify.&#39; And the verification comes from intermediate-term breadth indicators.&#34;</p><p>In particular, Clissold said he would like to see a larger share of stocks trading above their 50- and 200-day moving averages before accepting that an enduring shift in the market&#39;s mood has likely arrived.</p><h2>Mixed signals</h2><p>Other popular indicators based on the NYSE advance-decline data appear to suggest that stocks may be a bit richly valued, according to Katie Stockton, technical analyst at Fairlead Strategies.</p><p>For example, the McClellan Oscillator, another popular tool for technical analysis that&#39;s also based on the NYSE advance-decline data, has reached levels consistent with last year&#39;s near-term stock-market peaks, Stockton said in a note to clients on Wednesday. This suggests that the S&amp;P 500 has become &#34;overbought.&#34;</p><p>U.S. stocks fell for the second day in a row on Wednesday while logging their worst daily pullback of the year so far. The S&amp;P 500 declined by 1.6% to finish the session at 3,928.86, according to FactSet data.</p><p>The Nasdaq Composite fell by 1.2% to roughly 10,957.01, while the Dow Jones Industrial Average declined by 1.8% to 33,296.96.</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 Flash Rare Bull-Market Signal for First Time in Nearly 3 Years. But Some Have Their Doubts</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 Flash Rare Bull-Market Signal for First Time in Nearly 3 Years. But Some Have Their Doubts\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\">2023-01-19 16:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chart watchers question indicator&#39;s reliability</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/116ad26c220b0e8811ea7d742022a615\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"/><span>A popular technical indicator that has signaled the start of nascent bull markets in the past just arrived for the first time in nearly three years.</span></p><p>A technical signal that has portended previous turning points for the U.S. stock market arrived for the first time in nearly three years, according to data supplied by its creator.</p><p>But some on Wall Street suspect it may no longer be as reliable as it once was.</p><p>The technical indicator, which is known simply as the breadth-thrust indicator, was triggered on Jan. 12 for the first time since June 3, 2020. The indicator was created by retired analyst Walter Deemer in 1973 while he was working at Putnam Investments. A representative for the company confirmed that Deemer worked there between 1970 and 1980.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e83046c181113f3e4fa9b8a95239662c\" tg-width=\"700\" tg-height=\"568\" referrerpolicy=\"no-referrer\"/><span>NED DAVIS RESEARCH</span></p><p>Its arrival has caused quite a stir among technical analysts, according to MarketWatch interviews with several strategists.</p><h2>The breadth-thrust indicator</h2><p>The breadth-thrust indicator is based on a relatively simple formula: the main input is the ratio of New York Stock Exchange stocks and other securities that advanced over the course of 10 trading sessions compared with those that declined.</p><p>When said ratio climbs above 1.97, the indicator is triggered, Deemer said. This has happened only infrequently in the years since its creation, and often it has arrived just as a new bull market was beginning.</p><p>As the breadth-thrust indicator has grown in popularity, others have created their own modified versions of it, which, like the original, purport to offer investors a more detailed view into how individual stocks are influencing the broader market&#39;s performance.</p><p>Some variations focus solely on the advance-decline ratio of common stocks traded on the NYSE, while the original uses a broad measure that includes not just common stocks but preferred shares, exchange-traded funds and other products trading on the exchange, Deemer said.</p><h2>&#39;Trust the thrust&#39;?</h2><p>Some equity analysts believe the breadth-thrust indicator and other early-stage indicators of improving market breadth have become less helpful in recent years, partly because many of them have been triggered more frequently.</p><p>Ed Clissold, chief U.S. strategist at Ned Davis Research, said that several similar indicators maintained by his firm were triggered during last year&#39;s market tumult, raising questions about their continued utility.</p><p>&#34;The Wall Street cliché used to be &#39;trust the thrust&#39; because they would be among the first indicators to signal a new bull market is under way,&#34; Clissold said in a phone interview.</p><p>&#34;But because these thrust indicators are becoming more frequent, we now say &#39;trust but verify.&#39; And the verification comes from intermediate-term breadth indicators.&#34;</p><p>In particular, Clissold said he would like to see a larger share of stocks trading above their 50- and 200-day moving averages before accepting that an enduring shift in the market&#39;s mood has likely arrived.</p><h2>Mixed signals</h2><p>Other popular indicators based on the NYSE advance-decline data appear to suggest that stocks may be a bit richly valued, according to Katie Stockton, technical analyst at Fairlead Strategies.</p><p>For example, the McClellan Oscillator, another popular tool for technical analysis that&#39;s also based on the NYSE advance-decline data, has reached levels consistent with last year&#39;s near-term stock-market peaks, Stockton said in a note to clients on Wednesday. This suggests that the S&amp;P 500 has become &#34;overbought.&#34;</p><p>U.S. stocks fell for the second day in a row on Wednesday while logging their worst daily pullback of the year so far. The S&amp;P 500 declined by 1.6% to finish the session at 3,928.86, according to FactSet data.</p><p>The Nasdaq Composite fell by 1.2% to roughly 10,957.01, while the Dow Jones Industrial Average declined by 1.8% to 33,296.96.</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":"2304698771","content_text":"Chart watchers question indicator's reliabilityA popular technical indicator that has signaled the start of nascent bull markets in the past just arrived for the first time in nearly three years.A technical signal that has portended previous turning points for the U.S. stock market arrived for the first time in nearly three years, according to data supplied by its creator.But some on Wall Street suspect it may no longer be as reliable as it once was.The technical indicator, which is known simply as the breadth-thrust indicator, was triggered on Jan. 12 for the first time since June 3, 2020. The indicator was created by retired analyst Walter Deemer in 1973 while he was working at Putnam Investments. A representative for the company confirmed that Deemer worked there between 1970 and 1980.NED DAVIS RESEARCHIts arrival has caused quite a stir among technical analysts, according to MarketWatch interviews with several strategists.The breadth-thrust indicatorThe breadth-thrust indicator is based on a relatively simple formula: the main input is the ratio of New York Stock Exchange stocks and other securities that advanced over the course of 10 trading sessions compared with those that declined.When said ratio climbs above 1.97, the indicator is triggered, Deemer said. This has happened only infrequently in the years since its creation, and often it has arrived just as a new bull market was beginning.As the breadth-thrust indicator has grown in popularity, others have created their own modified versions of it, which, like the original, purport to offer investors a more detailed view into how individual stocks are influencing the broader market's performance.Some variations focus solely on the advance-decline ratio of common stocks traded on the NYSE, while the original uses a broad measure that includes not just common stocks but preferred shares, exchange-traded funds and other products trading on the exchange, Deemer said.'Trust the thrust'?Some equity analysts believe the breadth-thrust indicator and other early-stage indicators of improving market breadth have become less helpful in recent years, partly because many of them have been triggered more frequently.Ed Clissold, chief U.S. strategist at Ned Davis Research, said that several similar indicators maintained by his firm were triggered during last year's market tumult, raising questions about their continued utility.\"The Wall Street cliché used to be 'trust the thrust' because they would be among the first indicators to signal a new bull market is under way,\" Clissold said in a phone interview.\"But because these thrust indicators are becoming more frequent, we now say 'trust but verify.' And the verification comes from intermediate-term breadth indicators.\"In particular, Clissold said he would like to see a larger share of stocks trading above their 50- and 200-day moving averages before accepting that an enduring shift in the market's mood has likely arrived.Mixed signalsOther popular indicators based on the NYSE advance-decline data appear to suggest that stocks may be a bit richly valued, according to Katie Stockton, technical analyst at Fairlead Strategies.For example, the McClellan Oscillator, another popular tool for technical analysis that's also based on the NYSE advance-decline data, has reached levels consistent with last year's near-term stock-market peaks, Stockton said in a note to clients on Wednesday. This suggests that the S&P 500 has become \"overbought.\"U.S. stocks fell for the second day in a row on Wednesday while logging their worst daily pullback of the year so far. The S&P 500 declined by 1.6% to finish the session at 3,928.86, according to FactSet data.The Nasdaq Composite fell by 1.2% to roughly 10,957.01, while the Dow Jones Industrial Average declined by 1.8% to 33,296.96.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9012491405,"gmtCreate":1649373035434,"gmtModify":1676534498862,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012491405","repostId":"1192998917","repostType":4,"repost":{"id":"1192998917","pubTimestamp":1649372820,"share":"https://www.laohu8.com/m/news/1192998917?lang=&edition=full","pubTime":"2022-04-08 07:07","market":"us","language":"en","title":"S&P 500 Ends Higher, Lifted By Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1192998917","media":"Reuters","summary":"TheS&P500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve.TeslaInc rose 1.2% and ","content":"<html><head></head><body><p>The S&amp;P500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve.</p><p>TeslaInc rose 1.2% and Microsoft Corp added 0.6%, helping lift the S&amp;P 500 and provide the Nasdaq a modest gain.</p><p>Also supporting the S&amp;P 500, Pfizer Inc jumped 4.3%after it said it would buy privately held ReViral Ltd in a deal worth as much as $525 million, its second acquisition in less than six months to boost its drug portfolio.</p><p>The S&amp;P traded at a loss for much of the day before rallying near the end of the session.</p><p>“We don&#39;t know how Ukraine is going resolve itself. We don&#39;t know how this hawkish Fed is going to impact the economy. We don&#39;t know if they can navigate a soft landing. What it equals is a whipsaw market,” said Dennis Dick, a trader at Bright Trading LLC. “If you&#39;re following trends, then you&#39;re lost in this market because all this market is is chop.”</p><p>Mega-cap growth stocks came under pressure earlier this week after comments from Fed policymakers and minutes from the central bank&#39;s March meeting suggested a rapid removal of stimulus measures put in place during the pandemic.</p><p>St. Louis Federal Reserve President James Bullard said the U.S. central bank&#39;s short-term policy rate should reach 3.5% later this year.</p><p>Minutes released on Wednesday showed that Fed officials &#34;generally agreed&#34; to cut up to $95 billion a month from the central bank&#39;s asset holdings even as the war in Ukraine tempered the first U.S. interest rate increase since 2018.</p><p>&#34;The realization for investors continues that the Fed is still not at max hawkishness and we&#39;re going to err on the side of them wanting to do more to continue to control inflation,&#34; said Anastasia Amoroso, chief investment strategist at iCapital Network, an investment marketplace firm.</p><p>Traders now see 88.9% likelihood of a 50 basis-point rate hike at the central bank&#39;s meeting next month. [IRPR]</p><p>U.S. companies will start reporting first-quarter results in the coming weeks, with banks set to kick off the season in earnest next week. Analysts on average expect S&amp;P 500 companies&#39; earnings to have grown 6.4% in the March quarter, according to I/B/E/S data from Refinitiv. That compares with over 30% growth in the prior quarter.</p><p>&#34;As we get into the heart of earnings season, I expect volatility to be very prominent,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. &#34;We could see strong results that beat the highest expectations, but weak expectations for the next 12 months.&#34;</p><p>Among the 11 S&amp;P 500 sector indexes, real estate was among the deepest decliners, while the health sector index was among the top gainers.</p><p>Adding to cautious sentiment, Russian Foreign Minister Sergei Lavrov said Ukraine had presented Moscow with a draft peace deal that contained &#34;unacceptable&#34; elements, while the U.S. Senate voted to remove &#34;most favored nation&#34; trade status for Russia in one bill and ban oil imports in another.</p><p>Unofficially, the Dow Jones Industrial Average rose 0.25% to end at 34,583.57 points, while the S&amp;P 500 gained 0.43% to 4,500.21.</p><p>The Nasdaq Composite climbed 0.06% to 13,897.30.</p><p>With investors worried about the effect of rising interest rates, growth stocks with pricey valuations have underperformed value stocks so far in 2022.</p><p>In economic news, data showed the number of Americans filing new claims for unemployment benefits fell last week, indicating a further tightening of labor market conditions heading into the second quarter that could contribute to keeping inflation elevated.</p><p>Among other movers, HP Inc jumped 14.8% afterWarren Buffett&#39;s Berkshire Hathaway Inc disclosed it purchased nearly 121 million shares of the personal computing and printing company.</p><p>Costco Wholesale Corp rallied 4% after the retailer late on Wednesday reported a surge in March sales.</p><p>American Airlines Group Inc, Delta Air Lines Inc, Southwest Airlines Co and United Airlines Holdings Inc fell between 1.6% and 3.1% afterBarclayswarned of a recent jump in oil prices hurting first-quarter earnings.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.11-to-1 ratio; on Nasdaq, a 1.45-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 32 new 52-week highs and 26 new lows; the Nasdaq Composite recorded 45 new highs and 219 new lows.</p><p>About 11.5 billion shares changed hands in U.S. exchanges, compared with the 13.0 billion daily average over the last 20 sessions.</p></body></html>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 Ends Higher, Lifted By 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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 Ends Higher, Lifted By Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-08 07:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/ETFs/S%26P+500+ends+higher%2C+lifted+by+Tesla/19887649.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The S&P500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve.TeslaInc rose 1.2% and...</p>\n\n<a href=\"https://www.streetinsider.com/ETFs/S%26P+500+ends+higher%2C+lifted+by+Tesla/19887649.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.streetinsider.com/ETFs/S%26P+500+ends+higher%2C+lifted+by+Tesla/19887649.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192998917","content_text":"The S&P500 ended higher on Thursday, with Pfizer and Tesla fueling a late-session rally while investors eyed the war in Ukraine and a potentially more aggressive Federal Reserve.TeslaInc rose 1.2% and Microsoft Corp added 0.6%, helping lift the S&P 500 and provide the Nasdaq a modest gain.Also supporting the S&P 500, Pfizer Inc jumped 4.3%after it said it would buy privately held ReViral Ltd in a deal worth as much as $525 million, its second acquisition in less than six months to boost its drug portfolio.The S&P traded at a loss for much of the day before rallying near the end of the session.“We don't know how Ukraine is going resolve itself. We don't know how this hawkish Fed is going to impact the economy. We don't know if they can navigate a soft landing. What it equals is a whipsaw market,” said Dennis Dick, a trader at Bright Trading LLC. “If you're following trends, then you're lost in this market because all this market is is chop.”Mega-cap growth stocks came under pressure earlier this week after comments from Fed policymakers and minutes from the central bank's March meeting suggested a rapid removal of stimulus measures put in place during the pandemic.St. Louis Federal Reserve President James Bullard said the U.S. central bank's short-term policy rate should reach 3.5% later this year.Minutes released on Wednesday showed that Fed officials \"generally agreed\" to cut up to $95 billion a month from the central bank's asset holdings even as the war in Ukraine tempered the first U.S. interest rate increase since 2018.\"The realization for investors continues that the Fed is still not at max hawkishness and we're going to err on the side of them wanting to do more to continue to control inflation,\" said Anastasia Amoroso, chief investment strategist at iCapital Network, an investment marketplace firm.Traders now see 88.9% likelihood of a 50 basis-point rate hike at the central bank's meeting next month. [IRPR]U.S. companies will start reporting first-quarter results in the coming weeks, with banks set to kick off the season in earnest next week. Analysts on average expect S&P 500 companies' earnings to have grown 6.4% in the March quarter, according to I/B/E/S data from Refinitiv. That compares with over 30% growth in the prior quarter.\"As we get into the heart of earnings season, I expect volatility to be very prominent,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. \"We could see strong results that beat the highest expectations, but weak expectations for the next 12 months.\"Among the 11 S&P 500 sector indexes, real estate was among the deepest decliners, while the health sector index was among the top gainers.Adding to cautious sentiment, Russian Foreign Minister Sergei Lavrov said Ukraine had presented Moscow with a draft peace deal that contained \"unacceptable\" elements, while the U.S. Senate voted to remove \"most favored nation\" trade status for Russia in one bill and ban oil imports in another.Unofficially, the Dow Jones Industrial Average rose 0.25% to end at 34,583.57 points, while the S&P 500 gained 0.43% to 4,500.21.The Nasdaq Composite climbed 0.06% to 13,897.30.With investors worried about the effect of rising interest rates, growth stocks with pricey valuations have underperformed value stocks so far in 2022.In economic news, data showed the number of Americans filing new claims for unemployment benefits fell last week, indicating a further tightening of labor market conditions heading into the second quarter that could contribute to keeping inflation elevated.Among other movers, HP Inc jumped 14.8% afterWarren Buffett's Berkshire Hathaway Inc disclosed it purchased nearly 121 million shares of the personal computing and printing company.Costco Wholesale Corp rallied 4% after the retailer late on Wednesday reported a surge in March sales.American Airlines Group Inc, Delta Air Lines Inc, Southwest Airlines Co and United Airlines Holdings Inc fell between 1.6% and 3.1% afterBarclayswarned of a recent jump in oil prices hurting first-quarter earnings.Declining issues outnumbered advancing ones on the NYSE by a 1.11-to-1 ratio; on Nasdaq, a 1.45-to-1 ratio favored decliners.The S&P 500 posted 32 new 52-week highs and 26 new lows; the Nasdaq Composite recorded 45 new highs and 219 new lows.About 11.5 billion shares changed hands in U.S. exchanges, compared with the 13.0 billion daily average over the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950843232,"gmtCreate":1672727611126,"gmtModify":1676538726727,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9950843232","repostId":"1117186382","repostType":4,"repost":{"id":"1117186382","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1672728470,"share":"https://www.laohu8.com/m/news/1117186382?lang=&edition=full","pubTime":"2023-01-03 14:47","market":"us","language":"en","title":"6 Value Stocks Poised to Shine in 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1117186382","media":"Dow Jones","summary":"Value stocks finally outperformed growth stocks in 2022 after lagging behind them for more than a de","content":"<html><head></head><body><p>Value stocks finally outperformed growth stocks in 2022 after lagging behind them for more than a decade. The value subset of the Russell 3000 index of most U.S. stocks lost about 8% after dividends through most of 2022, versus a nearly 30% loss for the growth subset, its worst showing in 14 years.</p><p>Rising interest rates clobbered growth-stock valuations—and rates are likely to keep climbing in 2023, albeit more modestly than in ’22. But expectations of a weaker economy and lackluster earnings growth may keep stocks with lower valuations in favor.</p><p>In 2023, it will pay to be choosy, says Jon Boyar of Boyar Value Group, a New York–based firm that includes Boyar Asset Management and Boyar Value Research. For the past three decades, the firm compiled a list of 40 undervalued stocks that it thinks will perform well in the year ahead. The so-called Forgotten Forty includes shares that trade at a discount to their potential value, with a positive company-specific catalyst likely to manifest in the year ahead.</p><p>“If a stock is selling at a significant discount to what we calculate an acquirer would pay for the business, and has a catalyst for capital appreciation, that’s very interesting to us,” he says.</p><p><a href=\"https://laohu8.com/S/DIS\">Walt Disney</a>, one of this year’s Forgotten Forty, has been trading around $84—its lowest level since 2014. The stock is down nearly 60% from a March 2021 high. Yet Boyar sees another year of strong postpandemic theme-parks demand, while Disney’s streaming segment could turn profitable in 2023. He’s heartened by the return of CEO Bob Iger, and the involvement of a pair of prominent activist investors—Third Point’s Dan Loeb and Trian Partners’ Nelson Peltz—who are helping to keep management accountable to shareholders.</p><h3>Hidden Gems</h3><p>Six stocks from the Boyar Forgotten Forty value-oriented portfolio with a positive catalyst in the year ahead.<img src=\"https://static.tigerbbs.com/105b52699e0c9a8596175c5c67fea543\" tg-width=\"607\" tg-height=\"250\" referrerpolicy=\"no-referrer\"/>“It’s a cheap media company with the best content out there,” says Boyar. “They can monetize their content better than anyone across streaming and [legacy media]—but the parks are their secret sauce.”</p><p>Using a sum-of-the-parts approach, Boyar calculates a fair value of $181 for Disney stock, indicating upside of about 115%.</p><p>The recently agreed-upon sale of a majority stake in the National Basketball Association’s Phoenix Suns for $4 billion demonstrates the scarcity value of major-league sports franchises, says Boyar. Liberty Braves Group (BATRK) is a tracking stock representing ownership of Major League Baseball’s Atlanta Braves and real estate surrounding the team’s ballpark. The Braves’ media market has 31 million people and offers ample sponsorship opportunities tied to companies based there.</p><p>In November, John Malone’s Liberty Media said it would spin off the Liberty Braves Group, making it a stand-alone publicly traded company. That could make a sale of the franchise easier and more tax-efficient, and help boost the shares. “It’s a question of when, not if, this team gets sold,” Boyar says.</p><p>The Suns’ sale came at a roughly 50% premium to Forbes’ valuation of the team. Boyar applies a more conservative 25% premium to the Braves’ valuation of $2.1 billion, per Forbes. Add real estate holdings and he derives a $49-a-share target price, up 39% from the recent quote.</p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies</a> is a nontraditional value stock in the Forgotten Forty. Boyar notes that 2022 is the first year in which the ride-hailing and food-delivery company will generate free cash flow, and he sees growing profits from there. Lyft (LYFT) stock is cheaper, relative to sales, but Boyar sees the industry as “winner take most,” and Uber has greater market share and global reach.</p><p>Uber fell more than 40% in 2022. Continued profitability and a reduction in debt could attract investors in 2023. Boyar values Uber at $48, about double recent levels.</p><p><a href=\"https://laohu8.com/S/MKL\">Markel </a> is considered a mini- Berkshire Hathaway (BRK.A). The specialty insurer invests its cash in a portfolio of value-oriented stocks, including Home Depot (HD), Diageo (DEO), and Berkshire, and in fully owned businesses via Markel Ventures. Boyar sees the stock portfolio doing better in 2023, boosting book value, while plenty of cash on Markel’s balance sheet could mean that a larger deal might be in the works. He values the stock at $2,306 a share, or 77% above its recent level.</p><p><a href=\"https://laohu8.com/S/WSO\">Watsco </a>, a recent Barron’s pick, distributes air-conditioning, heating, and related equipment and parts. It is most exposed to the fast-growing U.S. Sunbelt, and has a 3.5% dividend yield and a solid balance sheet. Watsco has been able to pass along price increases to offset inflation. Increasingly strict government efficiency standards, plus tax credits for homeowners in the Inflation Reduction Act, will mean plenty of demand for new HVAC equipment in the coming years, Boyar says.</p><p>A return to the stock’s 10-year average valuation would boost the shares to $340, 38% above their recent price.</p><p>Laboratory Corporation of America Holdings (LH), or LabCorp, has become more of a household name after processing billions of Covid-19 tests. In 2023, it will spin off its faster-growing drug-development business, leaving LabCorp looking more like its rival Quest Diagnostics (DGX). That’s part of a shift to more shareholder-friendly policies, says Boyar, including a newly instituted dividend and stepped-up stock buybacks. More of those, and a rise to Quest stock’s multiple could boost LabCorp stock to Boyar’s $349 price target, up 51%.</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>6 Value Stocks Poised to Shine in 2023</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\">\n6 Value Stocks Poised to Shine in 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\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\">2023-01-03 14:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Value stocks finally outperformed growth stocks in 2022 after lagging behind them for more than a decade. The value subset of the Russell 3000 index of most U.S. stocks lost about 8% after dividends through most of 2022, versus a nearly 30% loss for the growth subset, its worst showing in 14 years.</p><p>Rising interest rates clobbered growth-stock valuations—and rates are likely to keep climbing in 2023, albeit more modestly than in ’22. But expectations of a weaker economy and lackluster earnings growth may keep stocks with lower valuations in favor.</p><p>In 2023, it will pay to be choosy, says Jon Boyar of Boyar Value Group, a New York–based firm that includes Boyar Asset Management and Boyar Value Research. For the past three decades, the firm compiled a list of 40 undervalued stocks that it thinks will perform well in the year ahead. The so-called Forgotten Forty includes shares that trade at a discount to their potential value, with a positive company-specific catalyst likely to manifest in the year ahead.</p><p>“If a stock is selling at a significant discount to what we calculate an acquirer would pay for the business, and has a catalyst for capital appreciation, that’s very interesting to us,” he says.</p><p><a href=\"https://laohu8.com/S/DIS\">Walt Disney</a>, one of this year’s Forgotten Forty, has been trading around $84—its lowest level since 2014. The stock is down nearly 60% from a March 2021 high. Yet Boyar sees another year of strong postpandemic theme-parks demand, while Disney’s streaming segment could turn profitable in 2023. He’s heartened by the return of CEO Bob Iger, and the involvement of a pair of prominent activist investors—Third Point’s Dan Loeb and Trian Partners’ Nelson Peltz—who are helping to keep management accountable to shareholders.</p><h3>Hidden Gems</h3><p>Six stocks from the Boyar Forgotten Forty value-oriented portfolio with a positive catalyst in the year ahead.<img src=\"https://static.tigerbbs.com/105b52699e0c9a8596175c5c67fea543\" tg-width=\"607\" tg-height=\"250\" referrerpolicy=\"no-referrer\"/>“It’s a cheap media company with the best content out there,” says Boyar. “They can monetize their content better than anyone across streaming and [legacy media]—but the parks are their secret sauce.”</p><p>Using a sum-of-the-parts approach, Boyar calculates a fair value of $181 for Disney stock, indicating upside of about 115%.</p><p>The recently agreed-upon sale of a majority stake in the National Basketball Association’s Phoenix Suns for $4 billion demonstrates the scarcity value of major-league sports franchises, says Boyar. Liberty Braves Group (BATRK) is a tracking stock representing ownership of Major League Baseball’s Atlanta Braves and real estate surrounding the team’s ballpark. The Braves’ media market has 31 million people and offers ample sponsorship opportunities tied to companies based there.</p><p>In November, John Malone’s Liberty Media said it would spin off the Liberty Braves Group, making it a stand-alone publicly traded company. That could make a sale of the franchise easier and more tax-efficient, and help boost the shares. “It’s a question of when, not if, this team gets sold,” Boyar says.</p><p>The Suns’ sale came at a roughly 50% premium to Forbes’ valuation of the team. Boyar applies a more conservative 25% premium to the Braves’ valuation of $2.1 billion, per Forbes. Add real estate holdings and he derives a $49-a-share target price, up 39% from the recent quote.</p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies</a> is a nontraditional value stock in the Forgotten Forty. Boyar notes that 2022 is the first year in which the ride-hailing and food-delivery company will generate free cash flow, and he sees growing profits from there. Lyft (LYFT) stock is cheaper, relative to sales, but Boyar sees the industry as “winner take most,” and Uber has greater market share and global reach.</p><p>Uber fell more than 40% in 2022. Continued profitability and a reduction in debt could attract investors in 2023. Boyar values Uber at $48, about double recent levels.</p><p><a href=\"https://laohu8.com/S/MKL\">Markel </a> is considered a mini- Berkshire Hathaway (BRK.A). The specialty insurer invests its cash in a portfolio of value-oriented stocks, including Home Depot (HD), Diageo (DEO), and Berkshire, and in fully owned businesses via Markel Ventures. Boyar sees the stock portfolio doing better in 2023, boosting book value, while plenty of cash on Markel’s balance sheet could mean that a larger deal might be in the works. He values the stock at $2,306 a share, or 77% above its recent level.</p><p><a href=\"https://laohu8.com/S/WSO\">Watsco </a>, a recent Barron’s pick, distributes air-conditioning, heating, and related equipment and parts. It is most exposed to the fast-growing U.S. Sunbelt, and has a 3.5% dividend yield and a solid balance sheet. Watsco has been able to pass along price increases to offset inflation. Increasingly strict government efficiency standards, plus tax credits for homeowners in the Inflation Reduction Act, will mean plenty of demand for new HVAC equipment in the coming years, Boyar says.</p><p>A return to the stock’s 10-year average valuation would boost the shares to $340, 38% above their recent price.</p><p>Laboratory Corporation of America Holdings (LH), or LabCorp, has become more of a household name after processing billions of Covid-19 tests. In 2023, it will spin off its faster-growing drug-development business, leaving LabCorp looking more like its rival Quest Diagnostics (DGX). That’s part of a shift to more shareholder-friendly policies, says Boyar, including a newly instituted dividend and stepped-up stock buybacks. More of those, and a rise to Quest stock’s multiple could boost LabCorp stock to Boyar’s $349 price target, up 51%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","UBER":"优步","MKL":"Markel Corp","WSO":"华斯科"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117186382","content_text":"Value stocks finally outperformed growth stocks in 2022 after lagging behind them for more than a decade. The value subset of the Russell 3000 index of most U.S. stocks lost about 8% after dividends through most of 2022, versus a nearly 30% loss for the growth subset, its worst showing in 14 years.Rising interest rates clobbered growth-stock valuations—and rates are likely to keep climbing in 2023, albeit more modestly than in ’22. But expectations of a weaker economy and lackluster earnings growth may keep stocks with lower valuations in favor.In 2023, it will pay to be choosy, says Jon Boyar of Boyar Value Group, a New York–based firm that includes Boyar Asset Management and Boyar Value Research. For the past three decades, the firm compiled a list of 40 undervalued stocks that it thinks will perform well in the year ahead. The so-called Forgotten Forty includes shares that trade at a discount to their potential value, with a positive company-specific catalyst likely to manifest in the year ahead.“If a stock is selling at a significant discount to what we calculate an acquirer would pay for the business, and has a catalyst for capital appreciation, that’s very interesting to us,” he says.Walt Disney, one of this year’s Forgotten Forty, has been trading around $84—its lowest level since 2014. The stock is down nearly 60% from a March 2021 high. Yet Boyar sees another year of strong postpandemic theme-parks demand, while Disney’s streaming segment could turn profitable in 2023. He’s heartened by the return of CEO Bob Iger, and the involvement of a pair of prominent activist investors—Third Point’s Dan Loeb and Trian Partners’ Nelson Peltz—who are helping to keep management accountable to shareholders.Hidden GemsSix stocks from the Boyar Forgotten Forty value-oriented portfolio with a positive catalyst in the year ahead.“It’s a cheap media company with the best content out there,” says Boyar. “They can monetize their content better than anyone across streaming and [legacy media]—but the parks are their secret sauce.”Using a sum-of-the-parts approach, Boyar calculates a fair value of $181 for Disney stock, indicating upside of about 115%.The recently agreed-upon sale of a majority stake in the National Basketball Association’s Phoenix Suns for $4 billion demonstrates the scarcity value of major-league sports franchises, says Boyar. Liberty Braves Group (BATRK) is a tracking stock representing ownership of Major League Baseball’s Atlanta Braves and real estate surrounding the team’s ballpark. The Braves’ media market has 31 million people and offers ample sponsorship opportunities tied to companies based there.In November, John Malone’s Liberty Media said it would spin off the Liberty Braves Group, making it a stand-alone publicly traded company. That could make a sale of the franchise easier and more tax-efficient, and help boost the shares. “It’s a question of when, not if, this team gets sold,” Boyar says.The Suns’ sale came at a roughly 50% premium to Forbes’ valuation of the team. Boyar applies a more conservative 25% premium to the Braves’ valuation of $2.1 billion, per Forbes. Add real estate holdings and he derives a $49-a-share target price, up 39% from the recent quote.Uber Technologies is a nontraditional value stock in the Forgotten Forty. Boyar notes that 2022 is the first year in which the ride-hailing and food-delivery company will generate free cash flow, and he sees growing profits from there. Lyft (LYFT) stock is cheaper, relative to sales, but Boyar sees the industry as “winner take most,” and Uber has greater market share and global reach.Uber fell more than 40% in 2022. Continued profitability and a reduction in debt could attract investors in 2023. Boyar values Uber at $48, about double recent levels.Markel  is considered a mini- Berkshire Hathaway (BRK.A). The specialty insurer invests its cash in a portfolio of value-oriented stocks, including Home Depot (HD), Diageo (DEO), and Berkshire, and in fully owned businesses via Markel Ventures. Boyar sees the stock portfolio doing better in 2023, boosting book value, while plenty of cash on Markel’s balance sheet could mean that a larger deal might be in the works. He values the stock at $2,306 a share, or 77% above its recent level.Watsco , a recent Barron’s pick, distributes air-conditioning, heating, and related equipment and parts. It is most exposed to the fast-growing U.S. Sunbelt, and has a 3.5% dividend yield and a solid balance sheet. Watsco has been able to pass along price increases to offset inflation. Increasingly strict government efficiency standards, plus tax credits for homeowners in the Inflation Reduction Act, will mean plenty of demand for new HVAC equipment in the coming years, Boyar says.A return to the stock’s 10-year average valuation would boost the shares to $340, 38% above their recent price.Laboratory Corporation of America Holdings (LH), or LabCorp, has become more of a household name after processing billions of Covid-19 tests. In 2023, it will spin off its faster-growing drug-development business, leaving LabCorp looking more like its rival Quest Diagnostics (DGX). That’s part of a shift to more shareholder-friendly policies, says Boyar, including a newly instituted dividend and stepped-up stock buybacks. More of those, and a rise to Quest stock’s multiple could boost LabCorp stock to Boyar’s $349 price target, up 51%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077759596,"gmtCreate":1658589709716,"gmtModify":1676536179775,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9077759596","repostId":"2253066929","repostType":4,"repost":{"id":"2253066929","pubTimestamp":1658542584,"share":"https://www.laohu8.com/m/news/2253066929?lang=&edition=full","pubTime":"2022-07-23 10:16","market":"us","language":"en","title":"The 2 Safest Energy Dividends Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2253066929","media":"Motley Fool","summary":"These passive income stalwarts will let investors rest easy no matter what the market is doing.","content":"<html><head></head><body><p>The energy industry had some of the hottest stocks on the market over the past two years, but with fears of a recession potentially dampening demand for oil and gas, the <b>S&amp;P 500</b> <b>Energy</b> index is down 25% since its peak last month.</p><p>The cost of a barrel of oil is down to around $100 per barrel, and gasoline at the pumps has broken from its record high last month of $5 a gallon. But upstream, midstream, and downstream energy stocks are still taking a beating.</p><p>That makes it a critical time to consider where you&#39;ve been putting your money to work and whether you should be investing in dividend stocks to protect your downside. History shows income-generating stocks outperform non-dividend stocks even in the worst of times, so if we&#39;re heading into a new period of market turbulence, it may be the right time to find companies that pay a safe dividend and can pad your pockets during this uncertainty.</p><p><a href=\"https://laohu8.com/S/CVX\">Chevron </a> and <a href=\"https://laohu8.com/S/EPD\">Enterprise Products Partners</a> offer two of the most dependable dividends in the energy sector right now.</p><h3><a href=\"https://laohu8.com/S/CVX\">Chevron </a></h3><p>As one of the biggest integrated energy companies, Chevron stands to benefit from the global need for fossil fuels that will last for years, decades even. Despite alternative fuel sources filling an increasing percentage of our energy needs, there isn&#39;t the capacity available for wind, solar, or biofuels to displace oil and gas as our primary providers.</p><p>Even though oil&#39;s price has dropped from its highs, it remains elevated and will likely stay elevated for some time to come. Chevron has told investors that even if oil drops to $50 a barrel -- what it deems its break-even price -- it would be able to maintain its record-setting stock buyback rate of $10 billion annually plus finance its dividend without worry, while a price of $75 a barrel would allow for further increases in both.</p><p>It also noted that during the depths of the pandemic lockdown with oil averaging $30 a barrel (there was a point where the price even went negative), Chevron maintained its payout while still investing in its business even as many of its rivals suspended their dividends.</p><p>The oil giant has a record of increasing its dividend for 35 consecutive years, most recently in January when it hiked the quarterly payout 6% to $1.42 per share, or $5.68 annually. With a healthy yield of 4.1% annually, Chevron is a Dividend Aristocrat, and its payout remains one of the industry&#39;s safest.</p><h3><a href=\"https://laohu8.com/S/EPD\">Enterprise Products Partners</a></h3><p>Unlike Chevron having its hand in all aspects of the oil and gas supply chain, Enterprise Products Partners specializes in the midstream channel, owning one of the largest pipeline networks in the U.S. with over 50,000 miles of pipeline, 14 billion cubic feet of natural gas storage, and 260 million barrels of storage capacity for natural gas liquids (NGLs), crude oil, refined products, and petrochemicals. It also has 21 NGL processing plants.</p><p>Enterprise Products Partners is also one of the largest publicly traded partnerships in the country. As the middleman in the process, it thrives because it has a stable stream of revenue and predictable cash flows. Much of its revenue is derived from long-term, fixed-fee, or take-or-pay contracts that mean it gets paid whether its customers accept delivery of the product or not.</p><p>Although the midstream player doesn&#39;t yet have the same longevity as Chevron in raising its dividend, at 23 consecutive years and counting, it is fast closing in on the 25-year threshold needed to become a Dividend Aristocrat.</p><p>It&#39;s also a very safe dividend as its distribution-coverage ratio, or the amount of cash flow available for distribution compared to what the company disburses to its shareholders, of 1.8. The ratio should not fall below 1 as that implies the payout is unsustainable. But even during the pandemic, Enterprise&#39;s distribution-coverage ratio never got close to 1 and ended the year at 1.6.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 2 Safest Energy Dividends Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 2 Safest Energy Dividends Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-23 10:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/22/the-2-safest-energy-dividends-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The energy industry had some of the hottest stocks on the market over the past two years, but with fears of a recession potentially dampening demand for oil and gas, the S&P 500 Energy index is down ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/22/the-2-safest-energy-dividends-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙","EPD":"Enterprise Products Partners L.P"},"source_url":"https://www.fool.com/investing/2022/07/22/the-2-safest-energy-dividends-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253066929","content_text":"The energy industry had some of the hottest stocks on the market over the past two years, but with fears of a recession potentially dampening demand for oil and gas, the S&P 500 Energy index is down 25% since its peak last month.The cost of a barrel of oil is down to around $100 per barrel, and gasoline at the pumps has broken from its record high last month of $5 a gallon. But upstream, midstream, and downstream energy stocks are still taking a beating.That makes it a critical time to consider where you've been putting your money to work and whether you should be investing in dividend stocks to protect your downside. History shows income-generating stocks outperform non-dividend stocks even in the worst of times, so if we're heading into a new period of market turbulence, it may be the right time to find companies that pay a safe dividend and can pad your pockets during this uncertainty.Chevron  and Enterprise Products Partners offer two of the most dependable dividends in the energy sector right now.Chevron As one of the biggest integrated energy companies, Chevron stands to benefit from the global need for fossil fuels that will last for years, decades even. Despite alternative fuel sources filling an increasing percentage of our energy needs, there isn't the capacity available for wind, solar, or biofuels to displace oil and gas as our primary providers.Even though oil's price has dropped from its highs, it remains elevated and will likely stay elevated for some time to come. Chevron has told investors that even if oil drops to $50 a barrel -- what it deems its break-even price -- it would be able to maintain its record-setting stock buyback rate of $10 billion annually plus finance its dividend without worry, while a price of $75 a barrel would allow for further increases in both.It also noted that during the depths of the pandemic lockdown with oil averaging $30 a barrel (there was a point where the price even went negative), Chevron maintained its payout while still investing in its business even as many of its rivals suspended their dividends.The oil giant has a record of increasing its dividend for 35 consecutive years, most recently in January when it hiked the quarterly payout 6% to $1.42 per share, or $5.68 annually. With a healthy yield of 4.1% annually, Chevron is a Dividend Aristocrat, and its payout remains one of the industry's safest.Enterprise Products PartnersUnlike Chevron having its hand in all aspects of the oil and gas supply chain, Enterprise Products Partners specializes in the midstream channel, owning one of the largest pipeline networks in the U.S. with over 50,000 miles of pipeline, 14 billion cubic feet of natural gas storage, and 260 million barrels of storage capacity for natural gas liquids (NGLs), crude oil, refined products, and petrochemicals. It also has 21 NGL processing plants.Enterprise Products Partners is also one of the largest publicly traded partnerships in the country. As the middleman in the process, it thrives because it has a stable stream of revenue and predictable cash flows. Much of its revenue is derived from long-term, fixed-fee, or take-or-pay contracts that mean it gets paid whether its customers accept delivery of the product or not.Although the midstream player doesn't yet have the same longevity as Chevron in raising its dividend, at 23 consecutive years and counting, it is fast closing in on the 25-year threshold needed to become a Dividend Aristocrat.It's also a very safe dividend as its distribution-coverage ratio, or the amount of cash flow available for distribution compared to what the company disburses to its shareholders, of 1.8. The ratio should not fall below 1 as that implies the payout is unsustainable. But even during the pandemic, Enterprise's distribution-coverage ratio never got close to 1 and ended the year at 1.6.","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4113904591642392","authorId":"4113904591642392","name":"LMSunshine","avatar":"https://community-static.tradeup.com/news/0ad636f2490d8428fcee9da6d669e46c","crmLevel":1,"crmLevelSwitch":0},"content":"Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your posts too!","text":"Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your posts too!","html":"Are you new to Tiger?If yes,🥳welcome to the Tiger Community.I can’t follow more people as my app keeps crashing.If you follow me,I can check your homepage regularly & help to like your posts too!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034133136,"gmtCreate":1647823424718,"gmtModify":1676534268560,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank","listText":"Thank","text":"Thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034133136","repostId":"1173921394","repostType":4,"repost":{"id":"1173921394","pubTimestamp":1647819269,"share":"https://www.laohu8.com/m/news/1173921394?lang=&edition=full","pubTime":"2022-03-21 07:34","market":"us","language":"en","title":"U.S. Stocks Poised to Open Slightly Higher on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1173921394","media":"Barron's","summary":"U.S. stocks are set to open Monday slightly up. On Sunday night, Dow Jones Industrial Average futures gained 18 points, or 0.05%, while the S&P 500 futures gained 0.09% and Nasdaq Composite futures we","content":"<html><head></head><body><p>U.S. stocks are set to open Monday slightly up. On Sunday night, Dow Jones Industrial Average futures gained 18 points, or 0.05%, while the S&amp;P 500 futures gained 0.09% and Nasdaq Composite futures were flat.</p><p>West Texas Intermediate, the U.S. crude oil benchmark, rose 0.5%, to around $105.25 a barrel.</p><p>Diplomacy is in focus this week as President Joe Biden heads to Brussels for a two-day meeting with allies from the North Atlantic Treaty Organization and European nations. They will talk about the West’s response to Russia’s invasion of Ukraine.</p><p>In addition, this week, the Senate Judiciary Committee will start its hearings on the nomination of Judge Ketanji Brown Jackson to the Supreme Court.</p><p>This week’s earnings include: Nike on Monday; Adobe on Tuesday; Cintas, General Mills, KB Home on Wednesday; and Darden Restaurants, FactSet Research Systems, and NIO on Thursday.</p><p>This week’s notable economic events include: On Wednesday, the Census Bureau releases new-home sales data for February. On Thursday, the Census Bureau will release February’s durable goods report—often seen as a proxy for business investment, and the Department of Labor reports initial jobless claims for the week ended March 19. On Friday, the National Association of Realtors will release the Pending Home Sales Index for February.</p><h2>Nvidia, Moderna, Nike, Adobe, and Other Stocks for Investors to Watch This Week</h2><p>Earnings highlights this week include Nike on Monday, Adobe on Tuesday, General Mills on Wednesday, and Darden Restaurants on Thursday. Nvidia will hold an investor day on Tuesday and Moderna will host an event Thursday to discuss its vaccine pipeline.</p><p>Economic data out this week will include the Census Bureau’s new-home sales data for February on Wednesday, followed by the National Association of Realtors’ Pending Home Sales Index for February on Friday.</p><p>The Census Bureau will also release the durable goods report for February on Thursday—often seen as a proxy for business investment. Total new orders are expected to decline 0.5% from January, but when excluding transportation, they are seen rising 0.5%.</p><p>Geopolitics will also be in focus this week. U.S. President Joe Biden will travel to Brussels for a two-day meeting with NATO and EU leaders. The focus will be Western allies’ response to Russia’s invasion of Ukraine.</p><h2>Monday 3/21</h2><p>Nike reports third-quarter fiscal-2022 results.</p><p>The Federal Reserve Bank of Chicago releases its National Activity Index for February. Economists forecast a 0.55 reading, slightly lower than the January data. The index has had four consecutive positive monthly readings, which is associated with the economy growing faster than historical trends.</p><h2>Tuesday 3/22</h2><p>Adobe announces first-quarter fiscal-2022 earnings.</p><p>NetApp and Nvidia hold their 2022 investor days.</p><h2>Wednesday 3/23</h2><p>Cintas and General Mills report quarterly results.</p><p>Occidental Petroleum holds an investor meeting to discuss its low-carbon strategy. Shares of the upstream oil-and-gas company are up 94% this year, making it the best performer in the S&amp;P 500 index.</p><p>The Census Bureau reports new-home sales data for February. Consensus estimate is for a seasonally adjusted annual rate of 810,000 new single-family houses sold, roughly even with the January figure. The average selling price for a new home was a record $496,900 in January, while the median price was $422,300.</p><h2>Thursday 3/24</h2><p>President Biden meets with NATO and EU leaders to discuss Russia’s invasion of Ukraine. The two-day summit will be held at NATO headquarters in Brussels.</p><p>Darden Restaurants, FactSet Research Systems, and NIO hold conference calls to discuss quarterly results.</p><p>Moderna hosts its third annual Vaccines Day virtually. The mRNA-therapeutics pioneer will discuss the progress of its vaccines pipeline.</p><p>The Census Bureau releases the durable goods report for February. New orders for manufactured durable goods are expected to decline 0.5% month over month to $277 billion. Excluding transportation, orders for durable goods are seen rising 0.5%, after increasing 0.7% in January.</p><p>The Department of Labor reports initial jobless claims for the week ending on March 19. Claims have averaged 223,000 for the past four weeks and have normalized to roughly prepandemic levels. Continuing claims—the number of people receiving benefits under regular state unemployment-insurance programs—totaled 1.42 million as of March 5. That is the lowest figure in more than five decades, underscoring the tight labor market as job openings continue to outpace job seekers.</p><h2>Friday 3/25</h2><p>The National Association of Realtors reports its Pending Home Sales Index for February. Economists forecast a 1% increase in pending home sales, after a 5.7% drop in January.</p></body></html>","source":"lsy1610680873436","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 Poised to Open Slightly Higher on Monday</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 Poised to Open Slightly Higher on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-21 07:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/u-s-stocks-poised-to-open-slightly-higher-on-monday-51647816432?mod=hp_LATEST><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks are set to open Monday slightly up. On Sunday night, Dow Jones Industrial Average futures gained 18 points, or 0.05%, while the S&P 500 futures gained 0.09% and Nasdaq Composite futures ...</p>\n\n<a href=\"https://www.barrons.com/articles/u-s-stocks-poised-to-open-slightly-higher-on-monday-51647816432?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":{"NVDA":"英伟达","NKE":"耐克","MRNA":"Moderna, Inc.","ADBE":"Adobe"},"source_url":"https://www.barrons.com/articles/u-s-stocks-poised-to-open-slightly-higher-on-monday-51647816432?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173921394","content_text":"U.S. stocks are set to open Monday slightly up. On Sunday night, Dow Jones Industrial Average futures gained 18 points, or 0.05%, while the S&P 500 futures gained 0.09% and Nasdaq Composite futures were flat.West Texas Intermediate, the U.S. crude oil benchmark, rose 0.5%, to around $105.25 a barrel.Diplomacy is in focus this week as President Joe Biden heads to Brussels for a two-day meeting with allies from the North Atlantic Treaty Organization and European nations. They will talk about the West’s response to Russia’s invasion of Ukraine.In addition, this week, the Senate Judiciary Committee will start its hearings on the nomination of Judge Ketanji Brown Jackson to the Supreme Court.This week’s earnings include: Nike on Monday; Adobe on Tuesday; Cintas, General Mills, KB Home on Wednesday; and Darden Restaurants, FactSet Research Systems, and NIO on Thursday.This week’s notable economic events include: On Wednesday, the Census Bureau releases new-home sales data for February. On Thursday, the Census Bureau will release February’s durable goods report—often seen as a proxy for business investment, and the Department of Labor reports initial jobless claims for the week ended March 19. On Friday, the National Association of Realtors will release the Pending Home Sales Index for February.Nvidia, Moderna, Nike, Adobe, and Other Stocks for Investors to Watch This WeekEarnings highlights this week include Nike on Monday, Adobe on Tuesday, General Mills on Wednesday, and Darden Restaurants on Thursday. Nvidia will hold an investor day on Tuesday and Moderna will host an event Thursday to discuss its vaccine pipeline.Economic data out this week will include the Census Bureau’s new-home sales data for February on Wednesday, followed by the National Association of Realtors’ Pending Home Sales Index for February on Friday.The Census Bureau will also release the durable goods report for February on Thursday—often seen as a proxy for business investment. Total new orders are expected to decline 0.5% from January, but when excluding transportation, they are seen rising 0.5%.Geopolitics will also be in focus this week. U.S. President Joe Biden will travel to Brussels for a two-day meeting with NATO and EU leaders. The focus will be Western allies’ response to Russia’s invasion of Ukraine.Monday 3/21Nike reports third-quarter fiscal-2022 results.The Federal Reserve Bank of Chicago releases its National Activity Index for February. Economists forecast a 0.55 reading, slightly lower than the January data. The index has had four consecutive positive monthly readings, which is associated with the economy growing faster than historical trends.Tuesday 3/22Adobe announces first-quarter fiscal-2022 earnings.NetApp and Nvidia hold their 2022 investor days.Wednesday 3/23Cintas and General Mills report quarterly results.Occidental Petroleum holds an investor meeting to discuss its low-carbon strategy. Shares of the upstream oil-and-gas company are up 94% this year, making it the best performer in the S&P 500 index.The Census Bureau reports new-home sales data for February. Consensus estimate is for a seasonally adjusted annual rate of 810,000 new single-family houses sold, roughly even with the January figure. The average selling price for a new home was a record $496,900 in January, while the median price was $422,300.Thursday 3/24President Biden meets with NATO and EU leaders to discuss Russia’s invasion of Ukraine. The two-day summit will be held at NATO headquarters in Brussels.Darden Restaurants, FactSet Research Systems, and NIO hold conference calls to discuss quarterly results.Moderna hosts its third annual Vaccines Day virtually. The mRNA-therapeutics pioneer will discuss the progress of its vaccines pipeline.The Census Bureau releases the durable goods report for February. New orders for manufactured durable goods are expected to decline 0.5% month over month to $277 billion. Excluding transportation, orders for durable goods are seen rising 0.5%, after increasing 0.7% in January.The Department of Labor reports initial jobless claims for the week ending on March 19. Claims have averaged 223,000 for the past four weeks and have normalized to roughly prepandemic levels. Continuing claims—the number of people receiving benefits under regular state unemployment-insurance programs—totaled 1.42 million as of March 5. That is the lowest figure in more than five decades, underscoring the tight labor market as job openings continue to outpace job seekers.Friday 3/25The National Association of Realtors reports its Pending Home Sales Index for February. Economists forecast a 1% increase in pending home sales, after a 5.7% drop in January.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9925539990,"gmtCreate":1672060180710,"gmtModify":1676538628237,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9925539990","repostId":"2293524358","repostType":2,"repost":{"id":"2293524358","pubTimestamp":1672068825,"share":"https://www.laohu8.com/m/news/2293524358?lang=&edition=full","pubTime":"2022-12-26 23:33","market":"us","language":"en","title":"The Top 4 Dow Stock Winners of 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2293524358","media":"TheStreet","summary":"The Dow Jones Industrial Average  (^INDU)  began 2022 at its most robust ever. The blue chip index r","content":"<html><head></head><body><p>The Dow Jones Industrial Average  (<b>^INDU</b>)  began 2022 at its most robust ever. The blue chip index reached its all-time closing high at 36,799.65 points on Jan. 4, 2022. But from there, things got shaky.</p><p>Volatility rocked stock values all year long, as investors were spooked by fallout from Russia&#39;s invasion of Ukraine, rising inflation and interest rate hikes.</p><p>But these four companies, all listed in the Dow, managed to escape the headwinds and found themselves at the top of the year&#39;s blue chip performers. We examine which ones they are and how they ended up bucking the downward trend.</p><h2><a href=\"https://laohu8.com/S/CVX\">Chevron Corporation</a></h2><p>$Chevron Corporation (<b>CVX</b>), the second largest oil company in the United States behind fellow Standard Oil descendant ExxonMobil  (<b>XOM</b>), led the Dow companies in stock price increase for the year.</p><p>During the first half of 2022, shares of Chevron surged about 23%. The company and its shareholders benefited from rising oil prices resulting from the Russian invasion of Ukraine. Little excess capacity in oil production caused demand to remain high.</p><p>The increase in prices sparked a climb in Chevron&#39;s revenues. The company also benefited by not having as much exposure to Russian oil as some of its competitors.</p><p>And the stock remained strong in the fourth quarter. As of Dec. 20 Chevron shares were trading at $172.67, up about 45% for the calendar year.</p><h2><a href=\"https://laohu8.com/S/MRK\">Merck &amp; Co.</a></h2><p>Merck &amp; Co. (<b>MRK</b>), the U.S.-based multinational pharmaceutical company, had a very strong 2022, with an increase in stock price for the calendar year well above 40%.</p><p>Keytruda, a popular drug used to fight certain kinds of cancers, continues to achieve important results in patient survival. For example, Fierce Pharma reported on Sept. 4 that about 19.4% of patients with a type of lung cancer were alive after five years of Keytruda and chemotherapy.</p><p>&#34;Bear in mind that typically we’re thinking of five-year survival in this population of patients is on the order of around 5% from the era of just chemotherapy treatment,” Greg Lubiniecki, M.D., vice president of clinical research at Merck Research Laboratories, told the website.</p><p>By late December, the company&#39;s shares were trading at about $110, up from $76.87 on Jan. 3.</p><h2><a href=\"https://laohu8.com/S/TRV\">Travelers Companies, Inc.</a></h2><p>American insurance company The Travelers Companies, Inc.,  (<b>TRV</b>) has been a component of the Dow Jones Industrial average since 2009.</p><p>In 2022, the company&#39;s stock price is up about 20% for the calendar year from its value on Jan. 3 of $155.75. As of Dec. 20, its shares are valued at $185.79.</p><p>The gains have come in spite of a major hurricane striking Florida during the third quarter.</p><p>&#34;We are pleased to report solid third quarter 2022 results, particularly in light of significant industry-wide losses from Hurricane Ian,&#34; said Alan Schnitzer, Chairman and Chief Executive Officer, in a press release at the time.</p><p>&#34;Our strategic approach to underwriting for catastrophes has once again served us well,&#34; he continued. &#34;Our focus is now on taking care of our customers and meeting our industry-leading objective of resolving 90% of our property claims arising out of catastrophes, including this historic storm, within 30 days.&#34;</p><h2><a href=\"https://laohu8.com/S/AMGN\">Amgen, Inc.</a></h2><p>American biopharmaceutical company Amgen, Inc.  (<b>AMGN</b>) saw its shares rise from $226.69 at the beginning of the year to around $265 by the end of 2022, for an increase of about 17%.</p><p>In August, Amgen agreed to acquire <a href=\"https://laohu8.com/S/CCXI\">ChemoCentryx</a> for $3.7 billion. In December the company announced its intention to acquire Horizon Therapeutics for $27.8 billion. Both acquisitions grew its stake in medications for rare diseases.</p><p>In September, a study determined that its cancer drug Lumakras was more effective than chemotherapy.</p><p>Other popular medications produced by Amgen are Enbrel for rheumatoid arthritis, Prolia and Xgeva for bone cancer and Otezla for psoriasis.</p></body></html>","source":"thestreet_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>The Top 4 Dow Stock Winners of 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Top 4 Dow Stock Winners of 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-26 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/markets/the-top-4-dow-stock-winners-of-2022><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average  (^INDU)  began 2022 at its most robust ever. The blue chip index reached its all-time closing high at 36,799.65 points on Jan. 4, 2022. But from there, things got ...</p>\n\n<a href=\"https://www.thestreet.com/markets/the-top-4-dow-stock-winners-of-2022\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CVX":"雪佛龙","XOM":"埃克森美孚","AMGN":"安进","MRK":"默沙东"},"source_url":"https://www.thestreet.com/markets/the-top-4-dow-stock-winners-of-2022","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2293524358","content_text":"The Dow Jones Industrial Average  (^INDU)  began 2022 at its most robust ever. The blue chip index reached its all-time closing high at 36,799.65 points on Jan. 4, 2022. But from there, things got shaky.Volatility rocked stock values all year long, as investors were spooked by fallout from Russia's invasion of Ukraine, rising inflation and interest rate hikes.But these four companies, all listed in the Dow, managed to escape the headwinds and found themselves at the top of the year's blue chip performers. We examine which ones they are and how they ended up bucking the downward trend.Chevron Corporation$Chevron Corporation (CVX), the second largest oil company in the United States behind fellow Standard Oil descendant ExxonMobil  (XOM), led the Dow companies in stock price increase for the year.During the first half of 2022, shares of Chevron surged about 23%. The company and its shareholders benefited from rising oil prices resulting from the Russian invasion of Ukraine. Little excess capacity in oil production caused demand to remain high.The increase in prices sparked a climb in Chevron's revenues. The company also benefited by not having as much exposure to Russian oil as some of its competitors.And the stock remained strong in the fourth quarter. As of Dec. 20 Chevron shares were trading at $172.67, up about 45% for the calendar year.Merck & Co.Merck & Co. (MRK), the U.S.-based multinational pharmaceutical company, had a very strong 2022, with an increase in stock price for the calendar year well above 40%.Keytruda, a popular drug used to fight certain kinds of cancers, continues to achieve important results in patient survival. For example, Fierce Pharma reported on Sept. 4 that about 19.4% of patients with a type of lung cancer were alive after five years of Keytruda and chemotherapy.\"Bear in mind that typically we’re thinking of five-year survival in this population of patients is on the order of around 5% from the era of just chemotherapy treatment,” Greg Lubiniecki, M.D., vice president of clinical research at Merck Research Laboratories, told the website.By late December, the company's shares were trading at about $110, up from $76.87 on Jan. 3.Travelers Companies, Inc.American insurance company The Travelers Companies, Inc.,  (TRV) has been a component of the Dow Jones Industrial average since 2009.In 2022, the company's stock price is up about 20% for the calendar year from its value on Jan. 3 of $155.75. As of Dec. 20, its shares are valued at $185.79.The gains have come in spite of a major hurricane striking Florida during the third quarter.\"We are pleased to report solid third quarter 2022 results, particularly in light of significant industry-wide losses from Hurricane Ian,\" said Alan Schnitzer, Chairman and Chief Executive Officer, in a press release at the time.\"Our strategic approach to underwriting for catastrophes has once again served us well,\" he continued. \"Our focus is now on taking care of our customers and meeting our industry-leading objective of resolving 90% of our property claims arising out of catastrophes, including this historic storm, within 30 days.\"Amgen, Inc.American biopharmaceutical company Amgen, Inc.  (AMGN) saw its shares rise from $226.69 at the beginning of the year to around $265 by the end of 2022, for an increase of about 17%.In August, Amgen agreed to acquire ChemoCentryx for $3.7 billion. In December the company announced its intention to acquire Horizon Therapeutics for $27.8 billion. Both acquisitions grew its stake in medications for rare diseases.In September, a study determined that its cancer drug Lumakras was more effective than chemotherapy.Other popular medications produced by Amgen are Enbrel for rheumatoid arthritis, Prolia and Xgeva for bone cancer and Otezla for psoriasis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9081740115,"gmtCreate":1650284705386,"gmtModify":1676534686100,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank","listText":"Thank","text":"Thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9081740115","repostId":"1117157595","repostType":4,"repost":{"id":"1117157595","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":1650282724,"share":"https://www.laohu8.com/m/news/1117157595?lang=&edition=full","pubTime":"2022-04-18 19:52","market":"us","language":"en","title":"Pre-Bell｜U.S. Stock Futures Declined As Earnings Rolled in; Twitter Rebounded Nearly 5%","url":"https://stock-news.laohu8.com/highlight/detail?id=1117157595","media":"Tiger Newspress","summary":"U.S. stock futures declined Monday morning as investors returned from a holiday weekend and geared u","content":"<html><head></head><body><p>U.S. stock futures declined Monday morning as investors returned from a holiday weekend and geared up for another busy week of corporate earnings results.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were down 19 points, or 0.06%, S&amp;P 500 e-minis were down 8 points, or 0.18%, and Nasdaq 100 e-minis were down 39.25 points, or 0.28%.</p><p><img src=\"https://static.tigerbbs.com/d82b02bedc770731249565bac47ca296\" tg-width=\"316\" tg-height=\"122\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>  – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to preventTesla(TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share bid for Twitter last week.</p><p><b><a href=\"https://laohu8.com/S/SIRI\">Sirius XM</a></b> – The satellite radio operator’s stock fell 2% in premarket trading after Morgan Stanley downgraded it to “underweight” from “equal-weight.” Morgan Stanley said auto market headwinds would negatively impact Sirius XM, and also noted the stock’s outperformance over the past year.</p><p><b><a href=\"https://laohu8.com/S/NKTR\">Nektar Therapeutics</a></b> – The drugmaker’s shares cratered 24.4% in the premarket after it halted all trials involving its key cancer drug. The experimental treatment did not produce the desired results in multiple studies.</p><p><b><a href=\"https://laohu8.com/S/BAC\">Bank of America</a></b> – Bank of America reported quarterly profit of 80 cents per share, 5 cents a share above estimates. Revenue also topped Street forecasts on strength in consumer lending. Bank of America shares rose 1.1% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a></b> – The bank beat estimates by a penny a share, with quarterly earnings of 86 cents per share. Revenue was essentially in line with analysts’ predictions. Its results were helped in part by higher interest rates.</p><p><b><a href=\"https://laohu8.com/S/SYF\">Synchrony</a></b> – The financial services company reported quarterly profit of $1.77 per share, beating the consensus estimate of $1.54 a share. Revenue came in above estimates as well.  Synchrony’s board also approved the addition of $2.8 billion to the company’s stock buyback plan as well as a 5% dividend increase to 23 cents per share.  Synchrony added 1% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/SWX\">Southwest Gas</a></b> – The utility said its board had authorized the review of a full range or strategic alternatives, after receiving what it called an “indication of interest” well in excess of investor Carl Icahn’s $82.50 per share offer.</p><p><b><a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a></b> – Didi shares posted an 18.3% premarket loss after the China-based ride-hailing firm reported a 12.7% drop in fourth-quarter revenue compared to a year earlier. Didi also said a shareholding meeting would be held on May 23 to vote on delisting from the New York Stock Exchange.</p><p><b><a href=\"https://laohu8.com/S/WEN\">Wendy&#39;s</a></b> – Wendy’s fell 1.8% in the premarket after BMO Capital downgraded the restaurant operator’s stock to “market perform” from “outperform.” BMO said Wendy’s is less well-positioned for a tighter consumer spending environment than some of its industry peers.</p><p><b><a href=\"https://laohu8.com/S/PGR\">Progressive</a></b> – Progressive was downgraded to “underweight” from “neutral” at Piper Sandler, which thinks the insurance company is likely to miss consensus earnings estimates due to too much optimism surrounding rising auto insurance rates. Progressive fell 1.6% in the premarket trading.</p><p><b>Market News</b></p><p>China’s economy accelerated in the first quarter of the year, even as lockdowns closed factories and kept tens of millions confined to their homes in March, according to official data that economists say overstates the strength of the world’s second-largest economy.</p><p>Key Singapore exports rose for the 16th straight month in March, helped by a surge in gold, according to data from trade agency Enterprise Singapore (ESG) on Monday (Apr 18).</p><p>Manufacturers including <b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> began preparing on Monday to reopen their Shanghai plants as China’s most populous city speeds up efforts to get back to normal after a nearly three-week COVID shutdown.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> adopted a measure that would shield it from hostile acquisition bids, taking steps to thwart billionaire Elon Musk’s unwelcome offer to take the company private and attempt to make it a bastion of free speech.</p><p><b><a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a></b> will hold an extraordinary general meeting (EGM) on May 23 to vote on its delisting plans in the United States, the Chinese ride-hailing giant said in a statement on Saturday.</p><p>With recession calls on Wall Street picking up as the Federal Reserve embarks on what could be up to eight interest rate hikes this year,<b><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a></b> no longer wants to be left out of the growing crowd. It now see the odds of a recession as roughly 15% in the next 12 months and 35% within the next 24 months.</p><p><b><a href=\"https://laohu8.com/S/SFTBY\">Softbank Group Corp</a></b>’s Shu Nyatta and Paulo Passoni, two of the three managing partners at the SoftBank Group Corp.’s Latin America Fund, said they are leaving to start their own venture business focused on late-stage startups in the region.</p><p><b><a href=\"https://laohu8.com/S/CEA\">China Eastern Airlines</a></b> said it has resumed passenger flights of its Boeing737-800 model aircraft after grounding the planes for nearly a month, following a crash of one of the planes that killed all 132 people on board.</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>Pre-Bell｜U.S. Stock Futures Declined As Earnings Rolled in; Twitter Rebounded Nearly 5%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPre-Bell｜U.S. Stock Futures Declined As Earnings Rolled in; Twitter Rebounded Nearly 5%\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\">2022-04-18 19:52</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 declined Monday morning as investors returned from a holiday weekend and geared up for another busy week of corporate earnings results.</p><p><b>Market Snapshot</b></p><p>At 7:50 a.m. ET, Dow e-minis were down 19 points, or 0.06%, S&amp;P 500 e-minis were down 8 points, or 0.18%, and Nasdaq 100 e-minis were down 39.25 points, or 0.28%.</p><p><img src=\"https://static.tigerbbs.com/d82b02bedc770731249565bac47ca296\" tg-width=\"316\" tg-height=\"122\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b>  – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to preventTesla(TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share bid for Twitter last week.</p><p><b><a href=\"https://laohu8.com/S/SIRI\">Sirius XM</a></b> – The satellite radio operator’s stock fell 2% in premarket trading after Morgan Stanley downgraded it to “underweight” from “equal-weight.” Morgan Stanley said auto market headwinds would negatively impact Sirius XM, and also noted the stock’s outperformance over the past year.</p><p><b><a href=\"https://laohu8.com/S/NKTR\">Nektar Therapeutics</a></b> – The drugmaker’s shares cratered 24.4% in the premarket after it halted all trials involving its key cancer drug. The experimental treatment did not produce the desired results in multiple studies.</p><p><b><a href=\"https://laohu8.com/S/BAC\">Bank of America</a></b> – Bank of America reported quarterly profit of 80 cents per share, 5 cents a share above estimates. Revenue also topped Street forecasts on strength in consumer lending. Bank of America shares rose 1.1% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/BK\">Bank of New York Mellon</a></b> – The bank beat estimates by a penny a share, with quarterly earnings of 86 cents per share. Revenue was essentially in line with analysts’ predictions. Its results were helped in part by higher interest rates.</p><p><b><a href=\"https://laohu8.com/S/SYF\">Synchrony</a></b> – The financial services company reported quarterly profit of $1.77 per share, beating the consensus estimate of $1.54 a share. Revenue came in above estimates as well.  Synchrony’s board also approved the addition of $2.8 billion to the company’s stock buyback plan as well as a 5% dividend increase to 23 cents per share.  Synchrony added 1% in the premarket.</p><p><b><a href=\"https://laohu8.com/S/SWX\">Southwest Gas</a></b> – The utility said its board had authorized the review of a full range or strategic alternatives, after receiving what it called an “indication of interest” well in excess of investor Carl Icahn’s $82.50 per share offer.</p><p><b><a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a></b> – Didi shares posted an 18.3% premarket loss after the China-based ride-hailing firm reported a 12.7% drop in fourth-quarter revenue compared to a year earlier. Didi also said a shareholding meeting would be held on May 23 to vote on delisting from the New York Stock Exchange.</p><p><b><a href=\"https://laohu8.com/S/WEN\">Wendy&#39;s</a></b> – Wendy’s fell 1.8% in the premarket after BMO Capital downgraded the restaurant operator’s stock to “market perform” from “outperform.” BMO said Wendy’s is less well-positioned for a tighter consumer spending environment than some of its industry peers.</p><p><b><a href=\"https://laohu8.com/S/PGR\">Progressive</a></b> – Progressive was downgraded to “underweight” from “neutral” at Piper Sandler, which thinks the insurance company is likely to miss consensus earnings estimates due to too much optimism surrounding rising auto insurance rates. Progressive fell 1.6% in the premarket trading.</p><p><b>Market News</b></p><p>China’s economy accelerated in the first quarter of the year, even as lockdowns closed factories and kept tens of millions confined to their homes in March, according to official data that economists say overstates the strength of the world’s second-largest economy.</p><p>Key Singapore exports rose for the 16th straight month in March, helped by a surge in gold, according to data from trade agency Enterprise Singapore (ESG) on Monday (Apr 18).</p><p>Manufacturers including <b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> began preparing on Monday to reopen their Shanghai plants as China’s most populous city speeds up efforts to get back to normal after a nearly three-week COVID shutdown.</p><p><b><a href=\"https://laohu8.com/S/TWTR\">Twitter</a></b> adopted a measure that would shield it from hostile acquisition bids, taking steps to thwart billionaire Elon Musk’s unwelcome offer to take the company private and attempt to make it a bastion of free speech.</p><p><b><a href=\"https://laohu8.com/S/DIDI\">DiDi Global Inc.</a></b> will hold an extraordinary general meeting (EGM) on May 23 to vote on its delisting plans in the United States, the Chinese ride-hailing giant said in a statement on Saturday.</p><p>With recession calls on Wall Street picking up as the Federal Reserve embarks on what could be up to eight interest rate hikes this year,<b><a href=\"https://laohu8.com/S/GS\">Goldman Sachs</a></b> no longer wants to be left out of the growing crowd. It now see the odds of a recession as roughly 15% in the next 12 months and 35% within the next 24 months.</p><p><b><a href=\"https://laohu8.com/S/SFTBY\">Softbank Group Corp</a></b>’s Shu Nyatta and Paulo Passoni, two of the three managing partners at the SoftBank Group Corp.’s Latin America Fund, said they are leaving to start their own venture business focused on late-stage startups in the region.</p><p><b><a href=\"https://laohu8.com/S/CEA\">China Eastern Airlines</a></b> said it has resumed passenger flights of its Boeing737-800 model aircraft after grounding the planes for nearly a month, following a crash of one of the planes that killed all 132 people on board.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIDI":"滴滴(已退市)","SYF":"Synchrony Financial","BAC":"美国银行",".SPX":"S&P 500 Index","PGR":"美国前进保险公司","BK":"纽约梅隆银行","TWTR":"Twitter","SIRI":"Sirius XM Holdings Inc.","SWX":"Southwest Gas Corp",".DJI":"道琼斯","NKTR":"内克塔治疗",".IXIC":"NASDAQ Composite","WEN":"温蒂汉堡"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117157595","content_text":"U.S. stock futures declined Monday morning as investors returned from a holiday weekend and geared up for another busy week of corporate earnings results.Market SnapshotAt 7:50 a.m. ET, Dow e-minis were down 19 points, or 0.06%, S&P 500 e-minis were down 8 points, or 0.18%, and Nasdaq 100 e-minis were down 39.25 points, or 0.28%.Pre-Market MoversTwitter  – Twitter shares jumped 4.5% in the premarket after the company’s board of directors adopted a so-called poison pill to preventTesla(TLSA) CEO Elon Musk from increasing his stake in the company past 15%. That follows Musk’s $54.20 per share bid for Twitter last week.Sirius XM – The satellite radio operator’s stock fell 2% in premarket trading after Morgan Stanley downgraded it to “underweight” from “equal-weight.” Morgan Stanley said auto market headwinds would negatively impact Sirius XM, and also noted the stock’s outperformance over the past year.Nektar Therapeutics – The drugmaker’s shares cratered 24.4% in the premarket after it halted all trials involving its key cancer drug. The experimental treatment did not produce the desired results in multiple studies.Bank of America – Bank of America reported quarterly profit of 80 cents per share, 5 cents a share above estimates. Revenue also topped Street forecasts on strength in consumer lending. Bank of America shares rose 1.1% in the premarket.Bank of New York Mellon – The bank beat estimates by a penny a share, with quarterly earnings of 86 cents per share. Revenue was essentially in line with analysts’ predictions. Its results were helped in part by higher interest rates.Synchrony – The financial services company reported quarterly profit of $1.77 per share, beating the consensus estimate of $1.54 a share. Revenue came in above estimates as well.  Synchrony’s board also approved the addition of $2.8 billion to the company’s stock buyback plan as well as a 5% dividend increase to 23 cents per share.  Synchrony added 1% in the premarket.Southwest Gas – The utility said its board had authorized the review of a full range or strategic alternatives, after receiving what it called an “indication of interest” well in excess of investor Carl Icahn’s $82.50 per share offer.DiDi Global Inc. – Didi shares posted an 18.3% premarket loss after the China-based ride-hailing firm reported a 12.7% drop in fourth-quarter revenue compared to a year earlier. Didi also said a shareholding meeting would be held on May 23 to vote on delisting from the New York Stock Exchange.Wendy's – Wendy’s fell 1.8% in the premarket after BMO Capital downgraded the restaurant operator’s stock to “market perform” from “outperform.” BMO said Wendy’s is less well-positioned for a tighter consumer spending environment than some of its industry peers.Progressive – Progressive was downgraded to “underweight” from “neutral” at Piper Sandler, which thinks the insurance company is likely to miss consensus earnings estimates due to too much optimism surrounding rising auto insurance rates. Progressive fell 1.6% in the premarket trading.Market NewsChina’s economy accelerated in the first quarter of the year, even as lockdowns closed factories and kept tens of millions confined to their homes in March, according to official data that economists say overstates the strength of the world’s second-largest economy.Key Singapore exports rose for the 16th straight month in March, helped by a surge in gold, according to data from trade agency Enterprise Singapore (ESG) on Monday (Apr 18).Manufacturers including Tesla Motors began preparing on Monday to reopen their Shanghai plants as China’s most populous city speeds up efforts to get back to normal after a nearly three-week COVID shutdown.Twitter adopted a measure that would shield it from hostile acquisition bids, taking steps to thwart billionaire Elon Musk’s unwelcome offer to take the company private and attempt to make it a bastion of free speech.DiDi Global Inc. will hold an extraordinary general meeting (EGM) on May 23 to vote on its delisting plans in the United States, the Chinese ride-hailing giant said in a statement on Saturday.With recession calls on Wall Street picking up as the Federal Reserve embarks on what could be up to eight interest rate hikes this year,Goldman Sachs no longer wants to be left out of the growing crowd. It now see the odds of a recession as roughly 15% in the next 12 months and 35% within the next 24 months.Softbank Group Corp’s Shu Nyatta and Paulo Passoni, two of the three managing partners at the SoftBank Group Corp.’s Latin America Fund, said they are leaving to start their own venture business focused on late-stage startups in the region.China Eastern Airlines said it has resumed passenger flights of its Boeing737-800 model aircraft after grounding the planes for nearly a month, following a crash of one of the planes that killed all 132 people on board.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039981961,"gmtCreate":1645883061421,"gmtModify":1676534072334,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Very long to read, will continue, but no book mark for this article that I can placed.&nbsp;","listText":"Very long to read, will continue, but no book mark for this article that I can placed.&nbsp;","text":"Very long to read, will continue, but no book mark for this article that I can placed.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039981961","repostId":"1125580913","repostType":2,"repost":{"id":"1125580913","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":1645926503,"share":"https://www.laohu8.com/m/news/1125580913?lang=&edition=full","pubTime":"2022-02-27 09:48","market":"us","language":"en","title":"Buffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1125580913","media":"Tiger Newspress","summary":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-yea","content":"<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here：</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</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>Buffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value</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\">\nBuffett Full Annual Letter：Apple is One of ‘Four Giants’ Driving the Conglomerate’s Value\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\">2022-02-27 09:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.</p><p>Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.</p><p>In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.</p><p>“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.</p><p>Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.</p><p>“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”</p><p>Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.</p><p>“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.</p><p>Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.</p><p>Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.</p><p>“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”</p><p><b>Read the full letter here：</b></p><p>To the Shareholders of Berkshire Hathaway Inc.:</p><p>Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.</p><p>Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.</p><p>Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.</p><p>A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.</p><p>Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.</p><p><b>What You Own</b></p><p>Berkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.</p><p>Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.</p><p>I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.</p><h2><b>Surprise, Surprise</b></h2><p>Here are a few items about your company that often surprise even seasoned investors:</p><p>• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.</p><p>At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.</p><p>• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid</p><p>$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.</p><p>Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.</p><p></p><p>The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).</p><p>I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.</p><p>In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from</p><p>$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.</p><p>During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.</p><p>Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.</p><p>Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.</p><p>In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.</p><p>• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.</p><p>So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.</p><p>Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.</p><p>If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.</p><p>Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”</p><p>I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.</p><p>One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.</p><p>Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.</p><h2>Our Four Giants</h2><p>Through Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.</p><p>• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.</p><p>The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.</p><p>There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.</p><p>• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.</p><p>It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.</p><p>• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.</p><p>Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )</p><p>BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.</p><p>• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.</p><p>BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.</p><p>Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.</p><p>To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.</p><h2>Investments</h2><p>Now let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.</p><p><img src=\"https://static.tigerbbs.com/d43587e9f59c0ff76e6c04c6bf9af324\" tg-width=\"1047\" tg-height=\"530\" referrerpolicy=\"no-referrer\"/>* This is our actual purchase price and also our tax basis.</p><p>** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.</p><p>*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.</p><p>In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.</p><p>Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.</p><h2>U.S. Treasury Bills</h2><p>Berkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.</p><p>Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.</p><h2>But $144 billion?</h2><p>That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)</p><p>After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.</p><p>Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.</p><h2>Share Repurchases</h2><p>There are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.</p><p>Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.</p><p>That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.</p><p>Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)</p><p>Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).</p><p>I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.</p><p>It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.</p><p>Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.</p><h2>A Wonderful Man and a Wonderful Business</h2><p>Last year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.</p><p>In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.</p><p>With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.</p><p>But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?</p><p>For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.</p><p>But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.</p><p>Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.</p><p>When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.</p><p>To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.</p><p>Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”</p><p>When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.</p><p>At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.</p><p>In all ways, Paul was a class act.</p><p>* * * * * * * * * * * *</p><p>Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.</p><p>Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.</p><p>In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.</p><p>Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.</p><p>The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.</p><p>On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.</p><p>Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.</p><p>The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.</p><h2>Thanks</h2><p>I taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.</p><p>Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.</p><p>Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.</p><p>Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”</p><p>Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.</p><p>Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.</p><p>I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction working</p><p>for you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.</p><p>Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.</p><p>To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.</p><p>Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.</p><p>Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”</p><h2>The Annual Meeting</h2><p>Clear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.</p><p>I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.</p><p>February 26, 2022</p><p>Warren E. Buffett Chairman of the Board</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125580913","content_text":"Warren Buffett released his annual letter to Berkshire Hathaway shareholders on Saturday. The 91-year-old investing legend has been publishing the letter for over six decades and it has become required reading for investors around the world.Warren Buffett said he now considers tech giant Apple as one of the four pillars driving Berkshire Hathaway, the conglomerate of mostly old-economy businesses he’s assembled over the last five decades.In his annual letter to shareholders released on Saturday, the 91-year-old investing legend listed Apple under the heading “Our Four Giants” and even called the company the second-most important after Berkshire’s cluster of insurers, thanks to its chief executive.“Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well,” the letter stated.Buffett made clear he is a fan of Cook’s stock repurchase strategy, and how it gives the conglomerate increased ownership of each dollar of the iPhone maker’s earnings without the investor having to lift a finger.“Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier,” Buffett said in the letter. “That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.”Berkshire began buying Apple stock in 2016 under the influence of Buffett’s investing deputies Todd Combs and Ted Weschler. By mid-2018, the conglomerate accumulated 5% ownership of the iPhone maker, a stake that cost $36 billion. Today, the Apple investment is now worth more than $160 billion, taking up 40% of Berkshire’s equity portfolio.“It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our ‘share’ of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud,” Buffett said.Berkshire is Apple’s largest shareholder, outside of index and exchange-traded fund providers.Buffett also credited his railroad business BNSF and energy segment BHE as two other giants of the conglomerate, which both registered record earnings in 2021.“BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire,” Buffett said. “BHE has become a utility powerhouse and a leading force in wind, solar and transmission throughout much of the United States.”Read the full letter here：To the Shareholders of Berkshire Hathaway Inc.:Charlie Munger, my long-time partner, and I have the job of managing a portion of your savings. We are honored by your trust.Our position carries with it the responsibility to report to you what we would like to know if we were the absentee owner and you were the manager. We enjoy communicating directly with you through this annual letter, and through the annual meeting as well.Our policy is to treat all shareholders equally. Therefore, we do not hold discussions with analysts nor large institutions. Whenever possible, also, we release important communications on Saturday mornings in order to maximize the time for shareholders and the media to absorb the news before markets open on Monday.A wealth of Berkshire facts and figures are set forth in the annual 10-K that the company regularly files with the S.E.C. and that we reproduce on pages K-1 – K-119. Some shareholders will find this detail engrossing; others will simply prefer to learn what Charlie and I believe is new or interesting at Berkshire.Alas, there was little action of that sort in 2021. We did, though, make reasonable progress in increasing the intrinsic value of your shares. That task has been my primary duty for 57 years. And it will continue to be.What You OwnBerkshire owns a wide variety of businesses, some in their entirety, some only in part. The second group largely consists of marketable common stocks of major American companies. Additionally, we own a few non-U.S. equities and participate in several joint ventures or other collaborative activities.Whatever our form of ownership, our goal is to have meaningful investments in businesses with both durable economic advantages and a first-class CEO. Please note particularly that we own stocks based upon our expectations about their long-term business performance and not because we view them as vehicles for timely market moves. That point is crucial: Charlie and I are not stock-pickers; we are business-pickers.I make many mistakes. Consequently, our extensive collection of businesses includes some enterprises that have truly extraordinary economics, many others that enjoy good economic characteristics, and a few that are marginal. One advantage of our common-stock segment is that – on occasion – it becomes easy to buy pieces of wonderful businesses at wonderful prices. That shooting-fish-in-a-barrel experience is very rare in negotiated transactions and never occurs en masse. It is also far easier to exit from a mistake when it has been made in the marketable arena.Surprise, SurpriseHere are a few items about your company that often surprise even seasoned investors:• Many people perceive Berkshire as a large and somewhat strange collection of financial assets. In truth, Berkshire owns and operates more U.S.-based “infrastructure” assets – classified on our balance sheet as property, plant and equipment – than are owned and operated by any other American corporation. That supremacy has never been our goal. It has, however, become a fact.At yearend, those domestic infrastructure assets were carried on Berkshire’s balance sheet at $158 billion. That number increased last year and will continue to increase. Berkshire always will be building.• Every year, your company makes substantial federal income tax payments. In 2021, for example, we paid$3.3 billion while the U.S. Treasury reported total corporate income-tax receipts of $402 billion. Additionally, Berkshire pays substantial state and foreign taxes. “I gave at the office” is an unassailable assertion when made by Berkshire shareholders.Berkshire’s history vividly illustrates the invisible and often unrecognized financial partnership between  government and American businesses. Our tale begins early in 1955, when Berkshire Fine Spinning and Hathaway Manufacturing agreed to merge their businesses. In their requests for shareholder approval, these venerable New England textile companies expressed high hopes for the combination.The Hathaway solicitation, for example, assured its shareholders that “The combination of the resources and managements will result in one of the strongest and most efficient organizations in the textile industry.” That upbeat view was endorsed by the company’s advisor, Lehman Brothers (yes, that Lehman Brothers).I’m sure it was a joyous day in both Fall River (Berkshire) and New Bedford (Hathaway) when the union was consummated. After the bands stopped playing and the bankers went home, however, the shareholders reaped a disaster.In the nine years following the merger, Berkshire’s owners watched the company’s net worth crater from$51.4 million to $22.1 million. In part, this decline was caused by stock repurchases, ill-advised dividends and plant shutdowns. But nine years of effort by many thousands of employees delivered an operating loss as well. Berkshire’s struggles were not unusual: The New England textile industry had silently entered an extended and non-reversible death march.During the nine post-merger years, the U.S. Treasury suffered as well from Berkshire’s troubles. All told, the company paid the government only $337,359 in income tax during that period – a pathetic $100 per day.Early in 1965, things changed. Berkshire installed new management that redeployed available cash and steered essentially all earnings into a variety of good businesses, most of which remained good through the years. Coupling reinvestment of earnings with the power of compounding worked its magic, and shareholders prospered.Berkshire’s owners, it should be noted, were not the only beneficiary of that course correction. Their “silent partner,” the U.S. Treasury, proceeded to collect many tens of billions of dollars from the company in income tax payments. Remember the $100 daily? Now, Berkshire pays roughly $9 million daily to the Treasury.In fairness to our governmental partner, our shareholders should acknowledge – indeed trumpet – the fact that Berkshire’s prosperity has been fostered mightily because the company has operated in America. Our country would have done splendidly in the years since 1965 without Berkshire. Absent our American home, however, Berkshire would never have come close to becoming what it is today. When you see the flag, say thanks.• From an $8.6 million purchase of National Indemnity in 1967, Berkshire has become the world leader in insurance “float” – money we hold and can invest but that does not belong to us. Including a relatively small sum derived from life insurance, Berkshire’s total float has grown from $19 million when we entered the insurance business to $147 billion.So far, this float has cost us less than nothing. Though we have experienced a number of years when insurance losses combined with operating expenses exceeded premiums, overall we have earned a modest 55-year profit from the underwriting activities that generated our float.Of equal importance, float is very sticky. Funds attributable to our insurance operations come and go daily, but their aggregate total is immune from precipitous decline. When it comes to investing float, we can therefore think long-term.If you are not already familiar with the concept of float, I refer you to a long explanation on page A-5. To my surprise, our float increased $9 billion last year, a buildup of value that is important to Berkshire owners though is not reflected in our GAAP (“generally-accepted accounting principles”) presentation of earnings and net worth.Much of our huge value creation in insurance is attributable to Berkshire’s good luck in my 1986 hiring of Ajit Jain. We first met on a Saturday morning, and I quickly asked Ajit what his insurance experience had been. He replied, “None.”I said, “Nobody’s perfect,” and hired him. That was my lucky day: Ajit actually was as perfect a choice as could have been made. Better yet, he continues to be – 35 years later.One final thought about insurance: I believe that it is likely – but far from assured – that Berkshire’s float can be maintained without our incurring a long-term underwriting loss. I am certain, however, that there will be some years when we experience such losses, perhaps involving very large sums.Berkshire is constructed to handle catastrophic events as no other insurer – and that priority will remain long after Charlie and I are gone.Our Four GiantsThrough Berkshire, our shareholders own many dozens of businesses. Some of these, in turn, have a collection of subsidiaries of their own. For example, Marmon has more than 100 individual business operations, ranging from the leasing of railroad cars to the manufacture of medical devices.• Nevertheless, operations of our “Big Four” companies account for a very large chunk of Berkshire’s value. Leading this list is our cluster of insurers. Berkshire effectively owns 100% of this group, whose massive float value we earlier described. The invested assets of these insurers are further enlarged by the extraordinary amount of capital we invest to back up their promises.The insurance business is made to order for Berkshire. The product will never be obsolete, and sales volume will generally increase along with both economic growth and inflation. Also, integrity and capital will forever be important. Our company can and will behave well.There are, of course, other insurers with excellent business models and prospects. Replication of Berkshire’s operation, however, would be almost impossible.• Apple – our runner-up Giant as measured by its yearend market value – is a different sort of holding. Here, our ownership is a mere 5.55%, up from 5.39% a year earlier. That increase sounds like small potatoes. But consider that each 0.1% of Apple’s 2021 earnings amounted to $100 million. We spent no Berkshire funds to gain our accretion. Apple’s repurchases did the job.It’s important to understand that only dividends from Apple are counted in the GAAP earnings Berkshire reports – and last year, Apple paid us $785 million of those. Yet our “share” of Apple’s earnings amounted to a staggering $5.6 billion. Much of what the company retained was used to repurchase Apple shares, an act we applaud. Tim Cook, Apple’s brilliant CEO, quite properly regards users of Apple products as his first love, but all of his other constituencies benefit from Tim’s managerial touch as well.• BNSF, our third Giant, continues to be the number one artery of American commerce, which makes it an indispensable asset for America as well as for Berkshire. If the many essential products BNSF carries were instead hauled by truck, America’s carbon emissions would soar.Your railroad had record earnings of $6 billion in 2021. Here, it should be noted, we are talking about the old-fashioned sort of earnings that we favor: a figure calculated after interest, taxes, depreciation, amortization and all forms of compensation. (Our definition suggests a warning: Deceptive “adjustments” to earnings – to use a polite description – have become both more frequent and more fanciful as stocks have risen. Speaking less politely, I would say that bull markets breed bloviated bull )BNSF trains traveled 143 million miles last year and carried 535 million tons of cargo. Both accomplishments far exceed those of any other American carrier. You can be proud of your railroad.• BHE, our final Giant, earned a record $4 billion in 2021. That’s up more than 30-fold from the $122 million earned in 2000, the year that Berkshire first purchased a BHE stake. Now, Berkshire owns 91.1% of the company.BHE’s record of societal accomplishment is as remarkable as its financial performance. The company had no wind or solar generation in 2000. It was then regarded simply as a relatively new and minor participant in the huge electric utility industry. Subsequently, under David Sokol’s and Greg Abel’s leadership, BHE has become a utility powerhouse (no groaning, please) and a leading force in wind, solar and transmission throughout much of the United States.Greg’s report on these accomplishments appears on pages A-3 and A-4. The profile you will find there is not in any way one of those currently-fashionable “green-washing” stories. BHE has been faithfully detailing its plans and performance in renewables and transmissions every year since 2007.To further review this information, visit BHE’s website at brkenergy.com. There, you will see that the company has long been making climate-conscious moves that soak up all of its earnings. More opportunities lie ahead. BHE has the management, the experience, the capital and the appetite for the huge power projects that our country needs.InvestmentsNow let’s talk about companies we don’t control, a list that again references Apple. Below we list our fifteen largest equity holdings, several of which are selections of Berkshire’s two long-time investment managers, Todd Combs and Ted Weschler. At yearend, this valued pair had total authority in respect to $34 billion of investments, many of which do not meet the threshold value we use in the table. Also, a significant portion of the dollars that Todd and Ted manage are lodged in various pension plans of Berkshire-owned businesses, with the assets of these plans not included in this table.* This is our actual purchase price and also our tax basis.** Held by BHE; consequently, Berkshire shareholders have only a 91.1% interest in this position.*** Includes a $10 billion investment in Occidental Petroleum, consisting of preferred stock and warrants to buy common stock, a combination now being valued at $10.7 billion.In addition to the footnoted Occidental holding and our various common-stock positions, Berkshire also owns a 26.6% interest in Kraft Heinz (accounted for on the “equity” method, not market value, and carried at $13.1 billion) and 38.6% of Pilot Corp., a leader in travel centers that had revenues last year of $45 billion.Since we purchased our Pilot stake in 2017, this holding has warranted “equity” accounting treatment. Early in 2023, Berkshire will purchase an additional interest in Pilot that will raise our ownership to 80% and lead to our fully consolidating Pilot’s earnings, assets and liabilities in our financial statements.U.S. Treasury BillsBerkshire’s balance sheet includes $144 billion of cash and cash equivalents (excluding the holdings of BNSF and BHE). Of this sum, $120 billion is held in U.S. Treasury bills, all maturing in less than a year. That stake leaves Berkshire financing about 12 of 1% of the publicly-held national debt.Charlie and I have pledged that Berkshire (along with our subsidiaries other than BNSF and BHE) will always hold more than $30 billion of cash and equivalents. We want your company to be financially impregnable and never dependent on the kindness of strangers (or even that of friends). Both of us like to sleep soundly, and we want our creditors, insurance claimants and you to do so as well.But $144 billion?That imposing sum, I assure you, is not some deranged expression of patriotism. Nor have Charlie and I lost our overwhelming preference for business ownership. Indeed, I first manifested my enthusiasm for that 80 years ago, on March 11, 1942, when I purchased three shares of Cities Services preferred stock. Their cost was $114.75 and required all of my savings. (The Dow Jones Industrial Average that day closed at 99, a fact that should scream to you: Never bet against America.)After my initial plunge, I always kept at least 80% of my net worth in equities. My favored status throughout that period was 100% – and still is. Berkshire’s current 80%-or-so position in businesses is a consequence of my failure to find entire companies or small portions thereof (that is, marketable stocks) which meet our criteria for long- term holding.Charlie and I have endured similar cash-heavy positions from time to time in the past. These periods are never pleasant; they are also never permanent. And, fortunately, we have had a mildly attractive alternative during 2020 and 2021 for deploying capital. Read on.Share RepurchasesThere are three ways that we can increase the value of your investment. The first is always front and center in our minds: Increase the long-term earning power of Berkshire’s controlled businesses through internal growth or by making acquisitions. Today, internal opportunities deliver far better returns than acquisitions. The size of those opportunities, however, is small compared to Berkshire’s resources.Our second choice is to buy non-controlling part-interests in the many good or great businesses that are publicly traded. From time to time, such possibilities are both numerous and blatantly attractive. Today, though, we find little that excites us.That’s largely because of a truism: Long-term interest rates that are low push the prices of all productive investments upward, whether these are stocks, apartments, farms, oil wells, whatever. Other factors influence valuations as well, but interest rates will always be important.Our final path to value creation is to repurchase Berkshire shares. Through that simple act, we increase your share of the many controlled and non-controlled businesses Berkshire owns. When the price/value equation is right, this path is the easiest and most certain way for us to increase your wealth. (Alongside the accretion of value to continuing shareholders, a couple of other parties gain: Repurchases are modestly beneficial to the seller of the repurchased shares and to society as well.)Periodically, as alternative paths become unattractive, repurchases make good sense for Berkshire’s owners. During the past two years, we therefore repurchased 9% of the shares that were outstanding at yearend 2019 for a total cost of $51.7 billion. That expenditure left our continuing shareholders owning about 10% more of all Berkshire businesses, whether these are wholly-owned (such as BNSF and GEICO) or partly-owned (such as Coca-Cola and Moody’s).I want to underscore that for Berkshire repurchases to make sense, our shares must offer appropriate value. We don’t want to overpay for the shares of other companies, and it would be value-destroying if we were to overpay when we are buying Berkshire. As of February 23, 2022, since yearend we repurchased additional shares at a cost of $1.2 billion. Our appetite remains large but will always remain price-dependent.It should be noted that Berkshire’s buyback opportunities are limited because of its high-class investor base. If our shares were heavily held by short-term speculators, both price volatility and transaction volumes would materially increase. That kind of reshaping would offer us far greater opportunities for creating value by making repurchases. Nevertheless, Charlie and I far prefer the owners we have, even though their admirable buy-and-keep attitudes limit the extent to which long-term shareholders can profit from opportunistic repurchases.Finally, one easily-overlooked value calculation specific to Berkshire: As we’ve discussed, insurance “float” of the right sort is of great value to us. As it happens, repurchases automatically increase the amount of “float” per share. That figure has increased during the past two years by 25% – going from $79,387 per “A” share to $99,497, a meaningful gain that, as noted, owes some thanks to repurchases.A Wonderful Man and a Wonderful BusinessLast year, Paul Andrews died. Paul was the founder and CEO of TTI, a Fort Worth-based subsidiary of Berkshire. Throughout his life – in both his business and his personal pursuits – Paul quietly displayed all the qualities that Charlie and I admire. His story should be told.In 1971, Paul was working as a purchasing agent for General Dynamics when the roof fell in. After losing a huge defense contract, the company fired thousands of employees, including Paul.With his first child due soon, Paul decided to bet on himself, using $500 of his savings to found Tex-Tronics (later renamed TTI). The company set itself up to distribute small electronic components, and first-year sales totaled $112,000. Today, TTI markets more than one million different items with annual volume of $7.7 billion.But back to 2006: Paul, at 63, then found himself happy with his family, his job, and his associates. But he had one nagging worry, heightened because he had recently witnessed a friend’s early death and the disastrous results that followed for that man’s family and business. What, Paul asked himself in 2006, would happen to the many people depending on him if he should unexpectedly die?For a year, Paul wrestled with his options. Sell to a competitor? From a strictly economic viewpoint, that course made the most sense. After all, competitors could envision lucrative “synergies” – savings that would be achieved as the acquiror slashed duplicated functions at TTI.But . . . Such a purchaser would most certainly also retain its CFO, its legal counsel, its HR unit. Their TTI counterparts would therefore be sent packing. And ugh! If a new distribution center were to be needed, the acquirer’s home city would certainly be favored over Fort Worth.Whatever the financial benefits, Paul quickly concluded that selling to a competitor was not for him. He next considered seeking a financial buyer, a species once labeled – aptly so – a leveraged buyout firm. Paul knew, however, that such a purchaser would be focused on an “exit strategy.” And who could know what that would be? Brooding over it all, Paul found himself having no interest in handing his 35-year-old creation over to a reseller.When Paul met me, he explained why he had eliminated these two alternatives as buyers. He then summed up his dilemma by saying – in far more tactful phrasing than this – “After a year of pondering the alternatives, I want to sell to Berkshire because you are the only guy left.” So, I made an offer and Paul said “Yes.” One meeting; one lunch; one deal.To say we both lived happily ever after is an understatement. When Berkshire purchased TTI, the company employed 2,387. Now the number is 8,043. A large percentage of that growth took place in Fort Worth and environs. Earnings have increased 673%.Annually, I would call Paul and tell him his salary should be substantially increased. Annually, he would tell me, “We can talk about that next year, Warren; I’m too busy now.”When Greg Abel and I attended Paul’s memorial service, we met children, grandchildren, long-time associates (including TTI’s first employee) and John Roach, the former CEO of a Fort Worth company Berkshire had purchased in 2000. John had steered his friend Paul to Omaha, instinctively knowing we would be a match.At the service, Greg and I heard about the multitudes of people and organizations that Paul had silently supported. The breadth of his generosity was extraordinary – geared always to improving the lives of others, particularly those in Fort Worth.In all ways, Paul was a class act.* * * * * * * * * * * *Good luck – occasionally extraordinary luck – has played its part at Berkshire. If Paul and I had not enjoyed a mutual friend – John Roach – TTI would not have found its home with us. But that ample serving of luck was only the beginning. TTI was soon to lead Berkshire to its most important acquisition.Every fall, Berkshire directors gather for a presentation by a few of our executives. We sometimes choose the site based upon the location of a recent acquisition, by that means allowing directors to meet the new subsidiary’s CEO and learn more about the acquiree’s activities.In the fall of 2009, we consequently selected Fort Worth so that we could visit TTI. At that time, BNSF, which also had Fort Worth as its hometown, was the third-largest holding among our marketable equities. Despite that large stake, I had never visited the railroad’s headquarters.Deb Bosanek, my assistant, scheduled our board’s opening dinner for October 22. Meanwhile, I arranged to arrive earlier that day to meet with Matt Rose, CEO of BNSF, whose accomplishments I had long admired. When I made the date, I had no idea that our get-together would coincide with BNSF’s third-quarter earnings report, which was released late on the 22nd.The market reacted badly to the railroad’s results. The Great Recession was in full force in the third quarter, and BNSF’s earnings reflected that slump. The economic outlook was also bleak, and Wall Street wasn’t feeling friendly to railroads – or much else.On the following day, I again got together with Matt and suggested that Berkshire would offer the railroad a better long-term home than it could expect as a public company. I also told him the maximum price that Berkshire would pay.Matt relayed the offer to his directors and advisors. Eleven busy days later, Berkshire and BNSF announced a firm deal. And here I’ll venture a rare prediction: BNSF will be a key asset for Berkshire and our country a century from now.The BNSF acquisition would never have happened if Paul Andrews hadn’t sized up Berkshire as the right home for TTI.ThanksI taught my first investing class 70 years ago. Since then, I have enjoyed working almost every year with students of all ages, finally “retiring” from that pursuit in 2018.Along the way, my toughest audience was my grandson’s fifth-grade class. The 11-year-olds were squirming in their seats and giving me blank stares until I mentioned Coca-Cola and its famous secret formula. Instantly, every hand went up, and I learned that “secrets” are catnip to kids.Teaching, like writing, has helped me develop and clarify my own thoughts. Charlie calls this phenomenon the orangutan effect: If you sit down with an orangutan and carefully explain to it one of your cherished ideas, you may leave behind a puzzled primate, but will yourself exit thinking more clearly.Talking to university students is far superior. I have urged that they seek employment in (1) the field and (2) with the kind of people they would select, if they had no need for money. Economic realities, I acknowledge, may interfere with that kind of search. Even so, I urge the students never to give up the quest, for when they find that sort of job, they will no longer be “working.”Charlie and I, ourselves, followed that liberating course after a few early stumbles. We both started as part- timers at my grandfather’s grocery store, Charlie in 1940 and I in 1942. We were each assigned boring tasks and paid little, definitely not what we had in mind. Charlie later took up law, and I tried selling securities. Job satisfaction continued to elude us.Finally, at Berkshire, we found what we love to do. With very few exceptions, we have now “worked” for many decades with people whom we like and trust. It’s a joy in life to join with managers such as Paul Andrews or the Berkshire families I told you about last year. In our home office, we employ decent and talented people – no jerks. Turnover averages, perhaps, one person per year.I would like, however, to emphasize a further item that turns our jobs into fun and satisfaction workingfor you. There is nothing more rewarding to Charlie and me than enjoying the trust of individual long-term shareholders who, for many decades, have joined us with the expectation that we would be a reliable custodian of their funds.Obviously, we can’t select our owners, as we could do if our form of operation were a partnership. Anyone can buy shares of Berkshire today with the intention of soon reselling them. For sure, we get a few of that type of shareholder, just as we get index funds that own huge amounts of Berkshire simply because they are required to do so.To a truly unusual degree, however, Berkshire has as owners a very large corps of individuals and families that have elected to join us with an intent approaching “til death do us part.” Often, they have trusted us with a large – some might say excessive – portion of their savings.Berkshire, these shareholders would sometimes acknowledge, might be far from the best selection they could have made. But they would add that Berkshire would rank high among those with which they would be most comfortable. And people who are comfortable with their investments will, on average, achieve better results than those who are motivated by ever-changing headlines, chatter and promises.Long-term individual owners are both the “partners” Charlie and I have always sought and the ones we constantly have in mind as we make decisions at Berkshire. To them we say, “It feels good to ‘work’ for you, and you have our thanks for your trust.”The Annual MeetingClear your calendar! Berkshire will have its annual gathering of capitalists in Omaha on Friday, April 29th through Sunday, May 1st. The details regarding the weekend are laid out on pages A-1 and A-2. Omaha eagerly awaits you, as do I.I will end this letter with a sales pitch. “Cousin” Jimmy Buffett has designed a pontoon “party” boat that is now being manufactured by Forest River, a Berkshire subsidiary. The boat will be introduced on April 29 at our Berkshire Bazaar of Bargains. And, for two days only, shareholders will be able to purchase Jimmy’s masterpiece at a 10% discount. Your bargain-hunting chairman will be buying a boat for his family’s use. Join me.February 26, 2022Warren E. Buffett Chairman of the Board","news_type":1},"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043975591,"gmtCreate":1655866474413,"gmtModify":1676535722033,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043975591","repostId":"1125564434","repostType":4,"repost":{"id":"1125564434","pubTimestamp":1655865640,"share":"https://www.laohu8.com/m/news/1125564434?lang=&edition=full","pubTime":"2022-06-22 10:40","market":"us","language":"en","title":"Malaysia’s Carsome Said to Delay Singapore, US Dual Listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1125564434","media":"Bloomberg","summary":"Carsome Group, which operates a Southeast Asian used-car online marketplace, is delaying its dual li","content":"<html><head></head><body><p>Carsome Group, which operates a Southeast Asian used-car online marketplace, is delaying its dual listing plans in Singapore and the US on concerns that deteriorating macroeconomic conditions could dent its valuation, according to people with knowledge of the matter.</p><p>Malaysia’s most valuable technology startup has halted work on the planned offerings that were set for this year, the people said. Carsome may revive the first-time share sales next year if markets improve, said the people, who asked not to be identified as the process is private.</p><p>A representative for Carsome declined to comment.</p><p>Higher interest rates combined with slowing economic growth and geopolitical tensions have hurt market sentiment and weighed on first-time share sales. Since the start of the year, companies have raised about $101 billion through IPOs globally this year, down from $338 billion in the same period in 2021, according to data compiled by Bloomberg.</p><p>Chinese podcasting startup Ximalaya Inc. is pushing back the launch of its planned initial public offering in Hong Kong after it met with lukewarm demand during early talks with prospective investors, Bloomberg News reported this week.</p><p>Carsome raised $290 million in January at a valuation of $1.7 billion in a series E round led by the Qatar Investment Authority as well as 65 Equity Partners and Seatown Private Capital Master Fund, both of which are backed by Temasek Holdings Pte.</p><p>Founded in 2015, Carsome has expanded into Indonesia, Thailand and Singapore. The company works with more than 8,000 dealers and handles more than 100,000 transactions on an annualized basis, according to its website. It completed the acquisition of Australia-listed iCar Asia Ltd. for about A$191 million ($133 million) this year.</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>Malaysia’s Carsome Said to Delay Singapore, US Dual Listing</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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\">\nMalaysia’s Carsome Said to Delay Singapore, US Dual Listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-22 10:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/malaysia-carsome-said-delay-singapore-090457372.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Carsome Group, which operates a Southeast Asian used-car online marketplace, is delaying its dual listing plans in Singapore and the US on concerns that deteriorating macroeconomic conditions could ...</p>\n\n<a href=\"https://finance.yahoo.com/news/malaysia-carsome-said-delay-singapore-090457372.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/malaysia-carsome-said-delay-singapore-090457372.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125564434","content_text":"Carsome Group, which operates a Southeast Asian used-car online marketplace, is delaying its dual listing plans in Singapore and the US on concerns that deteriorating macroeconomic conditions could dent its valuation, according to people with knowledge of the matter.Malaysia’s most valuable technology startup has halted work on the planned offerings that were set for this year, the people said. Carsome may revive the first-time share sales next year if markets improve, said the people, who asked not to be identified as the process is private.A representative for Carsome declined to comment.Higher interest rates combined with slowing economic growth and geopolitical tensions have hurt market sentiment and weighed on first-time share sales. Since the start of the year, companies have raised about $101 billion through IPOs globally this year, down from $338 billion in the same period in 2021, according to data compiled by Bloomberg.Chinese podcasting startup Ximalaya Inc. is pushing back the launch of its planned initial public offering in Hong Kong after it met with lukewarm demand during early talks with prospective investors, Bloomberg News reported this week.Carsome raised $290 million in January at a valuation of $1.7 billion in a series E round led by the Qatar Investment Authority as well as 65 Equity Partners and Seatown Private Capital Master Fund, both of which are backed by Temasek Holdings Pte.Founded in 2015, Carsome has expanded into Indonesia, Thailand and Singapore. The company works with more than 8,000 dealers and handles more than 100,000 transactions on an annualized basis, according to its website. It completed the acquisition of Australia-listed iCar Asia Ltd. for about A$191 million ($133 million) this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9012491716,"gmtCreate":1649373056526,"gmtModify":1676534498855,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9012491716","repostId":"1185894444","repostType":4,"repost":{"id":"1185894444","pubTimestamp":1649345400,"share":"https://www.laohu8.com/m/news/1185894444?lang=&edition=full","pubTime":"2022-04-07 23:30","market":"us","language":"en","title":"Tesla Is Due to Report Earnings in Late April. Consider This \"Time Arbitrage\" Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1185894444","media":"Barron's","summary":"It will soon be truth or consequences time on Wall Street.Many of the world’s most important compani","content":"<html><head></head><body><p>It will soon be truth or consequences time on Wall Street.</p><p>Many of the world’s most important companies are about to start reporting quarterly earnings, providing investors with an opportunity to compare their estimates of reality with data and commentary from sophisticated corporate practitioners.</p><p>Whatever can be said about what happens next in the financial markets, one thing is clear: Many investors remain confused. The Federal Reserve and other central banks have begun to raise interest rates, bringing about the end of two decades of easy-money policies that supported stocks and the economy. Earnings reports should give investors insight into what comes next.</p><p>The trend, in short, may no longer be your friend, and in such times, it is helpful to have an investing framework. JPMorgan Chase CEO Jamie Dimon recently provided one in his annual letter to shareholders.</p><p>Dimon warned of the unprecedented risks facing the U.S. economy, ranging from persistent inflation, rising rates, the Covid-19 pandemic, and even the potential reordering of the world order. But he also offered some insight into the basic principles and strategies that he used to build his bank.</p><p>“We strive to build enduring businesses, and we are not a conglomerate—all our businesses rely on and benefit from each other. Both of these factors help generate our superior returns,” Dimon wrote, offering investors a useful way to evaluate companies that are well run—and potentially worthy of long-term investments.</p><p>Investors who are intrigued by this can take advantage of a strategy that we have long called “time arbitrage.” By selling short-term options on stocks that they can hold for a minimum of three to five years, investors can use present-day concerns to position to buy stocks that they are willing to warehouse.</p><p>The challenge, now and always, is to think like a thematic, long-term investor even when market conditions and cross currents are disquieting.</p><p>Consider <a href=\"https://laohu8.com/S/TSLA\">Tesla</a>. The electric-vehicle maker recently reported better-than-expected sales data. If last year’s date is indicative, the company will report earnings in late April. To preposition, investors could consider selling Tesla’s put options to potentially buy the stock on weakness.</p><p>With Tesla’s stock at $1,045.76, investors could sell the May $900 put for about $31. The put sale positions them to buy the stock at $900. Should the stock be above $900 at expiration, investors can keep the options premium.</p><p>The great risk is that the stock falls far below the put price, obligating investors to cover the put or to make adjustments to it in the options market to avoid assignment.</p><p>During the past 52 weeks, the stock has ranged from $546.98 to $1,243.49. The company recently announced plans for a stock split “in the form of a stock dividend.” Tesla issued a 5-for-1 stock split in August 2020, but offered no details on the impending corporate action.</p><p>The world is increasingly realizing electric vehicles are the future. The recent surge in oil and gasoline prices has probably accelerated this trend.</p><p>Tesla pioneered the industry’s birth. The competitive moat might be narrowing as electric vehicles become more accepted, but Tesla founder and CEO Elon Musk has a mind of great singularity. He has seen the future. The short-term options trade outlined above is a way to monetize a long-term theme that will probably outlast economic and financial fluctuations.</p></body></html>","source":"lsy1610680873436","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 Is Due to Report Earnings in Late April. Consider This \"Time Arbitrage\" Move</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is Due to Report Earnings in Late April. Consider This \"Time Arbitrage\" Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-07 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/a-time-arbitrage-options-play-on-tesla-stock-51649314803?mod=Searchresults><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It will soon be truth or consequences time on Wall Street.Many of the world’s most important companies are about to start reporting quarterly earnings, providing investors with an opportunity to ...</p>\n\n<a href=\"https://www.barrons.com/articles/a-time-arbitrage-options-play-on-tesla-stock-51649314803?mod=Searchresults\">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/a-time-arbitrage-options-play-on-tesla-stock-51649314803?mod=Searchresults","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185894444","content_text":"It will soon be truth or consequences time on Wall Street.Many of the world’s most important companies are about to start reporting quarterly earnings, providing investors with an opportunity to compare their estimates of reality with data and commentary from sophisticated corporate practitioners.Whatever can be said about what happens next in the financial markets, one thing is clear: Many investors remain confused. The Federal Reserve and other central banks have begun to raise interest rates, bringing about the end of two decades of easy-money policies that supported stocks and the economy. Earnings reports should give investors insight into what comes next.The trend, in short, may no longer be your friend, and in such times, it is helpful to have an investing framework. JPMorgan Chase CEO Jamie Dimon recently provided one in his annual letter to shareholders.Dimon warned of the unprecedented risks facing the U.S. economy, ranging from persistent inflation, rising rates, the Covid-19 pandemic, and even the potential reordering of the world order. But he also offered some insight into the basic principles and strategies that he used to build his bank.“We strive to build enduring businesses, and we are not a conglomerate—all our businesses rely on and benefit from each other. Both of these factors help generate our superior returns,” Dimon wrote, offering investors a useful way to evaluate companies that are well run—and potentially worthy of long-term investments.Investors who are intrigued by this can take advantage of a strategy that we have long called “time arbitrage.” By selling short-term options on stocks that they can hold for a minimum of three to five years, investors can use present-day concerns to position to buy stocks that they are willing to warehouse.The challenge, now and always, is to think like a thematic, long-term investor even when market conditions and cross currents are disquieting.Consider Tesla. The electric-vehicle maker recently reported better-than-expected sales data. If last year’s date is indicative, the company will report earnings in late April. To preposition, investors could consider selling Tesla’s put options to potentially buy the stock on weakness.With Tesla’s stock at $1,045.76, investors could sell the May $900 put for about $31. The put sale positions them to buy the stock at $900. Should the stock be above $900 at expiration, investors can keep the options premium.The great risk is that the stock falls far below the put price, obligating investors to cover the put or to make adjustments to it in the options market to avoid assignment.During the past 52 weeks, the stock has ranged from $546.98 to $1,243.49. The company recently announced plans for a stock split “in the form of a stock dividend.” Tesla issued a 5-for-1 stock split in August 2020, but offered no details on the impending corporate action.The world is increasingly realizing electric vehicles are the future. The recent surge in oil and gasoline prices has probably accelerated this trend.Tesla pioneered the industry’s birth. The competitive moat might be narrowing as electric vehicles become more accepted, but Tesla founder and CEO Elon Musk has a mind of great singularity. He has seen the future. The short-term options trade outlined above is a way to monetize a long-term theme that will probably outlast economic and financial fluctuations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9037709271,"gmtCreate":1648172665663,"gmtModify":1676534313128,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank","listText":"Thank","text":"Thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9037709271","repostId":"2222003422","repostType":4,"repost":{"id":"2222003422","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":1648161500,"share":"https://www.laohu8.com/m/news/2222003422?lang=&edition=full","pubTime":"2022-03-25 06:38","market":"us","language":"en","title":"US STOCKS-Wall St Resumes Rally, Led by Nasdaq as Chipmakers Soar","url":"https://stock-news.laohu8.com/highlight/detail?id=2222003422","media":"Reuters","summary":"* Weekly jobless claims hits lowest since 1969* Uber surges on deal to list all NYC taxis on its app* Indexes: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9%(Reuters) - Major U.S. stock indexes rallied mo","content":"<html><head></head><body><p>* Weekly jobless claims hits lowest since 1969</p><p>* Uber surges on deal to list all NYC taxis on its app</p><p>* Indexes: Dow up 1%, S&amp;P 500 up 1.4%, Nasdaq up 1.9%</p><p>(Reuters) - Major U.S. stock indexes rallied more than 1% on Thursday, extending the market&#39;s recent rebound, as investors snapped up beaten-down shares of chipmakers and big growth names and as oil prices dropped.</p><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a>&#39;s stock gained 9.8%, leading a rally across the chip sector and hitting its highest level since mid-January. <a href=\"https://laohu8.com/S/INTC\">Intel Corp</a> climbed 6.9%, and both stocks helped to boost the S&amp;P 500 and the Nasdaq.</p><p>The Philadelphia SE semiconductor index jumped 5.1% in its biggest daily percentage gain since Feb. 15, while it remains down about 10% for the year so far. <a href=\"https://laohu8.com/S/AAPL\">Apple</a> shares rose for an eighth consecutive day after getting hammered earlier this month.</p><p>The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&amp;P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market.</p><p>&#34;The bear market was the dip to buy,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma, which has about $50 million in assets under management. &#34;People finally said hey, this is a good entry point.&#34;</p><p>&#34;They are seeing more value in tech for the first time in a long time,&#34; he said.</p><p>Oil prices fell after rallying sharply on Wednesday.</p><p>Data earlier showed the number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink.</p><p>The Dow Jones Industrial Average rose 349.44 points, or 1.02%, to 34,707.94, the S&amp;P 500 gained 63.92 points, or 1.43%, to 4,520.16 and the Nasdaq Composite added 269.24 points, or 1.93%, to 14,191.84.</p><p>Investors watched for the next developments in the Ukraine-Russia crisis. Western leaders have agreed to increase military aid to Ukraine and tighten sanctions on Russia whose invasion of its neighbor entered a second month.</p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies Inc</a> climbed 5% after the ride-hailing firm reached a deal to list all New York City taxis on its app.</p><p>Volume on U.S. exchanges was relatively low at 11.03 billion shares, compared with the 14.3 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 29 new 52-week highs and four new lows; the Nasdaq Composite recorded 58 new highs and 60 new lows.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Resumes Rally, Led by Nasdaq as Chipmakers Soar</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Resumes Rally, Led by Nasdaq as Chipmakers Soar\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-03-25 06:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>* Weekly jobless claims hits lowest since 1969</p><p>* Uber surges on deal to list all NYC taxis on its app</p><p>* Indexes: Dow up 1%, S&amp;P 500 up 1.4%, Nasdaq up 1.9%</p><p>(Reuters) - Major U.S. stock indexes rallied more than 1% on Thursday, extending the market&#39;s recent rebound, as investors snapped up beaten-down shares of chipmakers and big growth names and as oil prices dropped.</p><p><a href=\"https://laohu8.com/S/NVDA\">Nvidia Corp</a>&#39;s stock gained 9.8%, leading a rally across the chip sector and hitting its highest level since mid-January. <a href=\"https://laohu8.com/S/INTC\">Intel Corp</a> climbed 6.9%, and both stocks helped to boost the S&amp;P 500 and the Nasdaq.</p><p>The Philadelphia SE semiconductor index jumped 5.1% in its biggest daily percentage gain since Feb. 15, while it remains down about 10% for the year so far. <a href=\"https://laohu8.com/S/AAPL\">Apple</a> shares rose for an eighth consecutive day after getting hammered earlier this month.</p><p>The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&amp;P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market.</p><p>&#34;The bear market was the dip to buy,&#34; said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma, which has about $50 million in assets under management. &#34;People finally said hey, this is a good entry point.&#34;</p><p>&#34;They are seeing more value in tech for the first time in a long time,&#34; he said.</p><p>Oil prices fell after rallying sharply on Wednesday.</p><p>Data earlier showed the number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink.</p><p>The Dow Jones Industrial Average rose 349.44 points, or 1.02%, to 34,707.94, the S&amp;P 500 gained 63.92 points, or 1.43%, to 4,520.16 and the Nasdaq Composite added 269.24 points, or 1.93%, to 14,191.84.</p><p>Investors watched for the next developments in the Ukraine-Russia crisis. Western leaders have agreed to increase military aid to Ukraine and tighten sanctions on Russia whose invasion of its neighbor entered a second month.</p><p><a href=\"https://laohu8.com/S/UBER\">Uber Technologies Inc</a> climbed 5% after the ride-hailing firm reached a deal to list all New York City taxis on its app.</p><p>Volume on U.S. exchanges was relatively low at 11.03 billion shares, compared with the 14.3 billion average for the full session over the last 20 trading days.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 29 new 52-week highs and four new lows; the Nasdaq Composite recorded 58 new highs and 60 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2222003422","content_text":"* Weekly jobless claims hits lowest since 1969* Uber surges on deal to list all NYC taxis on its app* Indexes: Dow up 1%, S&P 500 up 1.4%, Nasdaq up 1.9%(Reuters) - Major U.S. stock indexes rallied more than 1% on Thursday, extending the market's recent rebound, as investors snapped up beaten-down shares of chipmakers and big growth names and as oil prices dropped.Nvidia Corp's stock gained 9.8%, leading a rally across the chip sector and hitting its highest level since mid-January. Intel Corp climbed 6.9%, and both stocks helped to boost the S&P 500 and the Nasdaq.The Philadelphia SE semiconductor index jumped 5.1% in its biggest daily percentage gain since Feb. 15, while it remains down about 10% for the year so far. Apple shares rose for an eighth consecutive day after getting hammered earlier this month.The three major indexes have rallied in six of the last eight sessions, with all three having rebounded after the S&P 500 and the Dow confirmed they are in correction and the Nasdaq established it is in a bear market.\"The bear market was the dip to buy,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma, which has about $50 million in assets under management. \"People finally said hey, this is a good entry point.\"\"They are seeing more value in tech for the first time in a long time,\" he said.Oil prices fell after rallying sharply on Wednesday.Data earlier showed the number of Americans filing new claims for jobless benefits dropped to a 52-1/2-year low last week, while unemployment rolls continued to shrink.The Dow Jones Industrial Average rose 349.44 points, or 1.02%, to 34,707.94, the S&P 500 gained 63.92 points, or 1.43%, to 4,520.16 and the Nasdaq Composite added 269.24 points, or 1.93%, to 14,191.84.Investors watched for the next developments in the Ukraine-Russia crisis. Western leaders have agreed to increase military aid to Ukraine and tighten sanctions on Russia whose invasion of its neighbor entered a second month.Uber Technologies Inc climbed 5% after the ride-hailing firm reached a deal to list all New York City taxis on its app.Volume on U.S. exchanges was relatively low at 11.03 billion shares, compared with the 14.3 billion average for the full session over the last 20 trading days.Advancing issues outnumbered declining ones on the NYSE by a 1.96-to-1 ratio; on Nasdaq, a 2.03-to-1 ratio favored advancers.The S&P 500 posted 29 new 52-week highs and four new lows; the Nasdaq Composite recorded 58 new highs and 60 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032897091,"gmtCreate":1647321585500,"gmtModify":1676534216421,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank","listText":"Thank","text":"Thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032897091","repostId":"2219277156","repostType":4,"repost":{"id":"2219277156","pubTimestamp":1647314946,"share":"https://www.laohu8.com/m/news/2219277156?lang=&edition=full","pubTime":"2022-03-15 11:29","market":"us","language":"en","title":"5 of the Fastest-Growing Stocks on the Planet","url":"https://stock-news.laohu8.com/highlight/detail?id=2219277156","media":"Motley Fool","summary":"The five-year revenue growth rate of these companies averaged between 28% and 53%.","content":"<html><head></head><body><p>One of the easiest ways to identify winning stocks is to look for companies that are growing their revenue and earnings fast. If you invest at the right time, this strategy is bound to generate handsome returns in the long run. Here are five such growth stocks to consider adding to your portfolio.</p><h2>Tesla</h2><p><b>Tesla</b> (NASDAQ:TSLA) revolutionized the auto sector with its electric cars. The company made electric vehicles mainstream and forced major automakers to shift toward electrification. Quality electric cars that can go long distances on a single recharge, along with a sufficient network of charging stations, have helped to relieve buyers&#39; concerns of getting stuck with no place to charge a dead battery. These factors, coupled with a reasonable pricing structure, drove the demand for Tesla&#39;s cars higher. In five years, Tesla grew its revenue at an average rate of more than 50%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/35a19fda4879668b3b319c2712c33908\" tg-width=\"720\" tg-height=\"387\" width=\"100%\" height=\"auto\"/><span>TSLA Revenue (Annual YoY Growth) data by YCharts</span></p><p>Moreover, analysts expect Tesla to grow its per share earnings at an average rate of nearly 50% over the next three to five years. Tesla also guides for 50% average annual growth in vehicle deliveries in the coming years. The company expects to start vehicle deliveries from its new factories in Berlin and Texas soon.</p><p>In addition to its existing models, Tesla&#39;s planned vehicles -- the Cybertruck and Semi -- are already receiving strong interest from potential buyers. The timetable for the launch of these two vehicles is less certain, though, as their respective launch dates have been pushed back several times.</p><h2><a href=\"https://laohu8.com/S/ENPH\">Enphase Energy</a></h2><p>Solar technology company <b>Enphase Energy</b> (NASDAQ:ENPH) continues to enjoy a robust demand for its products. The company grew its annual sales at an average rate of 40% over the last five years. In 2021, Enphase&#39;s revenue grew by 78%. The company&#39;s microinverters clearly look to be the preferred choice among homeowners. That&#39;s because in addition to converting direct current to alternating current at the module level, Enphase&#39;s easy-to-use platform integrates solar generation, storage, and energy management on a single system.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/346a8322e3699969b6e31222914158ed\" tg-width=\"700\" tg-height=\"420\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p>Analysts expect Enphase Energy&#39;s per share earnings to grow at an average rate of 40% in the next three to five years. Innovative offerings, a good control on costs, and a long growth runway are some factors that will drive Enphase&#39;s long-term growth.</p><h2>Amazon</h2><p>In five years, <b>Amazon</b> (NASDAQ:AMZN) grew its revenue at an average rate of 28%. That&#39;s also the average rate at which analysts expect per share earnings of the e-commerce giant to grow in the coming three to five years. Though Amazon is famous for its online retail business, it is the company&#39;s cloud computing business that&#39;s boosting its bottom-line growth lately.</p><p>In 2021, Amazon&#39;s cloud computing business, Amazon Web Services (AWS), contributed 74% of the company&#39;s operating income. Interestingly, this business accounted for just 13% of the company&#39;s sales. What&#39;s more, AWS revenue grew 37% in 2021. Solid e-commerce operations combined with growing high-margin cloud computing business bodes well for Amazon&#39;s long-term growth. In short, Amazon is a no-brainer growth stock to add to your portfolio. The stock split and $10 billion buyback program are just icing on the cake.</p><h2>Nvidia</h2><p><b>Nvidia </b>(NASDAQ:NVDA) grew its annual revenue at an average rate of 34% in five years. In 2021, the company&#39;s revenue grew a whopping 61% to nearly $27 billion. Analysts expect Nvidia&#39;s per-share earnings growth rate to be around 24% over the next three to five years.</p><p>Nvidia&#39;s high-performance graphics cards are in huge demand in the gaming markets. Further, the company&#39;s graphic processing units (GPUs), coupled with its software and services, find applications in artificial intelligence, robotics, augmented and virtual reality, autonomous vehicles, and the metaverse. Given that each of these areas continue to see heightened growth, demand for Nvidia&#39;s products should remain strong.</p><p>Nvidia partners with major computer makers, including <b>Cisco</b>, <b>Dell</b>, <b>HP</b>, and <b>Lenovo</b>, and cloud service providers, such as Alicloud, AWS, <b>Baidu</b> Cloud, Google Cloud, <b><a href=\"https://laohu8.com/S/IBM\">IBM</a></b> Cloud, and <b>Microsoft</b> Azure. Nvidia&#39;s leadership position in the GPU market means that the company may remain on its hypergrowth trajectory for many more years.</p><h2>Netflix</h2><p>In five years, <b>Netflix</b> (NASDAQ:NFLX) grew its annual revenue at an average rate of 28%. Netflix&#39;s high revenue growth showed signs of slowing down in the last couple of years. In 2021, Netflix&#39;s revenue grew by 19%, which was lower than its five-year average rate.</p><p>Netflix&#39;s slowing growth concerned investors and the stock has fallen around 48% off its 52-week high price, offering an attractive entry point for long-term investors. That&#39;s because Netflix&#39;s continued growth, albeit at a slightly lower rate, indicates the exceptional demand for its services. The company has a strong content catalog, and it is also exploring other growth avenues such as gaming, which could potentially be a significant growth driver.</p><p>Analysts expect the company to grow its per share earnings at an average rate of 30% over the next three to five years. In short, Netflix is one beaten-down stock that you should consider buying right now.</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>5 of the Fastest-Growing Stocks on the Planet</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 of the Fastest-Growing Stocks on the Planet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-15 11:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/03/14/5-of-the-fastest-growing-stocks-on-the-planet/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One of the easiest ways to identify winning stocks is to look for companies that are growing their revenue and earnings fast. If you invest at the right time, this strategy is bound to generate ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/14/5-of-the-fastest-growing-stocks-on-the-planet/\">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","BK4566":"资本集团","BK4524":"宅经济概念","BK4535":"淡马锡持仓","NFLX":"奈飞","BK4543":"AI","BK4559":"巴菲特持仓","BK4538":"云计算","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","BK4141":"半导体产品","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4574":"无人驾驶","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","AMZN":"亚马逊","BK4581":"高盛持仓","BK4511":"特斯拉概念","BK4099":"汽车制造商","BK4549":"软银资本持仓","BK4555":"新能源车","BK4548":"巴美列捷福持仓","BK4529":"IDC概念","ENPH":"Enphase Energy","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","NVDA":"英伟达","BK4108":"电影和娱乐","BK4567":"ESG概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4147":"半导体设备","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://www.fool.com/investing/2022/03/14/5-of-the-fastest-growing-stocks-on-the-planet/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2219277156","content_text":"One of the easiest ways to identify winning stocks is to look for companies that are growing their revenue and earnings fast. If you invest at the right time, this strategy is bound to generate handsome returns in the long run. Here are five such growth stocks to consider adding to your portfolio.TeslaTesla (NASDAQ:TSLA) revolutionized the auto sector with its electric cars. The company made electric vehicles mainstream and forced major automakers to shift toward electrification. Quality electric cars that can go long distances on a single recharge, along with a sufficient network of charging stations, have helped to relieve buyers' concerns of getting stuck with no place to charge a dead battery. These factors, coupled with a reasonable pricing structure, drove the demand for Tesla's cars higher. In five years, Tesla grew its revenue at an average rate of more than 50%.TSLA Revenue (Annual YoY Growth) data by YChartsMoreover, analysts expect Tesla to grow its per share earnings at an average rate of nearly 50% over the next three to five years. Tesla also guides for 50% average annual growth in vehicle deliveries in the coming years. The company expects to start vehicle deliveries from its new factories in Berlin and Texas soon.In addition to its existing models, Tesla's planned vehicles -- the Cybertruck and Semi -- are already receiving strong interest from potential buyers. The timetable for the launch of these two vehicles is less certain, though, as their respective launch dates have been pushed back several times.Enphase EnergySolar technology company Enphase Energy (NASDAQ:ENPH) continues to enjoy a robust demand for its products. The company grew its annual sales at an average rate of 40% over the last five years. In 2021, Enphase's revenue grew by 78%. The company's microinverters clearly look to be the preferred choice among homeowners. That's because in addition to converting direct current to alternating current at the module level, Enphase's easy-to-use platform integrates solar generation, storage, and energy management on a single system.Image source: Getty Images.Analysts expect Enphase Energy's per share earnings to grow at an average rate of 40% in the next three to five years. Innovative offerings, a good control on costs, and a long growth runway are some factors that will drive Enphase's long-term growth.AmazonIn five years, Amazon (NASDAQ:AMZN) grew its revenue at an average rate of 28%. That's also the average rate at which analysts expect per share earnings of the e-commerce giant to grow in the coming three to five years. Though Amazon is famous for its online retail business, it is the company's cloud computing business that's boosting its bottom-line growth lately.In 2021, Amazon's cloud computing business, Amazon Web Services (AWS), contributed 74% of the company's operating income. Interestingly, this business accounted for just 13% of the company's sales. What's more, AWS revenue grew 37% in 2021. Solid e-commerce operations combined with growing high-margin cloud computing business bodes well for Amazon's long-term growth. In short, Amazon is a no-brainer growth stock to add to your portfolio. The stock split and $10 billion buyback program are just icing on the cake.NvidiaNvidia (NASDAQ:NVDA) grew its annual revenue at an average rate of 34% in five years. In 2021, the company's revenue grew a whopping 61% to nearly $27 billion. Analysts expect Nvidia's per-share earnings growth rate to be around 24% over the next three to five years.Nvidia's high-performance graphics cards are in huge demand in the gaming markets. Further, the company's graphic processing units (GPUs), coupled with its software and services, find applications in artificial intelligence, robotics, augmented and virtual reality, autonomous vehicles, and the metaverse. Given that each of these areas continue to see heightened growth, demand for Nvidia's products should remain strong.Nvidia partners with major computer makers, including Cisco, Dell, HP, and Lenovo, and cloud service providers, such as Alicloud, AWS, Baidu Cloud, Google Cloud, IBM Cloud, and Microsoft Azure. Nvidia's leadership position in the GPU market means that the company may remain on its hypergrowth trajectory for many more years.NetflixIn five years, Netflix (NASDAQ:NFLX) grew its annual revenue at an average rate of 28%. Netflix's high revenue growth showed signs of slowing down in the last couple of years. In 2021, Netflix's revenue grew by 19%, which was lower than its five-year average rate.Netflix's slowing growth concerned investors and the stock has fallen around 48% off its 52-week high price, offering an attractive entry point for long-term investors. That's because Netflix's continued growth, albeit at a slightly lower rate, indicates the exceptional demand for its services. The company has a strong content catalog, and it is also exploring other growth avenues such as gaming, which could potentially be a significant growth driver.Analysts expect the company to grow its per share earnings at an average rate of 30% over the next three to five years. In short, Netflix is one beaten-down stock that you should consider buying right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999674093,"gmtCreate":1660529333714,"gmtModify":1676533487051,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Thank","listText":"Thank","text":"Thank","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999674093","repostId":"1192571217","repostType":4,"repost":{"id":"1192571217","pubTimestamp":1660528931,"share":"https://www.laohu8.com/m/news/1192571217?lang=&edition=full","pubTime":"2022-08-15 10:02","market":"sg","language":"en","title":"4 Singapore Stocks You Can Buy and Hold Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=1192571217","media":"The Smart Investor","summary":"Here are four stocks you can safely own for the rest of your life.“Buy and hold” is a common investi","content":"<html><head></head><body><p>Here are four stocks you can safely own for the rest of your life.</p><p><img src=\"https://static.tigerbbs.com/b40746852a3b9fdcd49987ec302af048\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/></p><p>“Buy and hold” is a common investing mantra but it’s important to be selective on which stocks qualify.</p><p>Ideally, you should look for companies with strong franchises, a competitive moat, and a track record of doing well through good times and bad.</p><p>It also helps if these stocks pay out a dividend that can act as a stream of passive income.</p><p>Blue-chip companies can qualify, along with businesses that generate healthy free cash flow and have strong branding and a dominant market share.</p><p>Here are four Singapore stocks that I believe you can buy and hold for the rest of your life.</p><p><b>VICOM Limited (SGX: WJP)</b></p><p>VICOM is a leading provider of inspection and technical testing services.</p><p>The group is a subsidiary of <b>ComfortDelGro Corporation Limited</b> (SGX: C52) and provides both vehicular and non-vehicular testing and inspection services.</p><p>VICOM has a market share of close to 75% in the vehicle inspection market and the group inspected a record 523,639 vehicles in fiscal 2021 (FY2021).</p><p>The inspection specialist also has a long track record of generating free cash flow and also maintains a debt-free balance sheet.</p><p>For the first quarter of 2022 (1Q2022), VICOM’s business update saw revenue rise by 8.1% year on year to S$26 million.</p><p>Operating profit edged up 5.7% year on year while net profit inched up 3% year on year to S$6.3 million.</p><p>VICOM has also been a consistent payer of dividends.</p><p>It paid out a final dividend of S$0.0324 and a special dividend of S$0.02 for FY2021.</p><p>Together with FY2021’s interim dividend of S$0.0304, the total dividend for FY2021 came up to S$0.0828, giving its shares a trailing dividend yield of 4.1%.</p><p><b>Singapore Exchange Limited (SGX: S68)</b></p><p>Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator.</p><p>The group enjoys a natural monopoly and has a long track record of paying out dividends since 2001.</p><p>The bourse operator offers a comprehensive range of securities such as shares, bonds, and derivatives for its clients to buy and sell and hedge their investment portfolios.</p><p>SGX has several catalysts in place to help it grow its securities trading volume.</p><p>First off, the group listed three special purpose acquisition companies, or SPACs, earlier this year.</p><p>Next, it welcomed secondary listings of electric car maker <b>Nio Inc</b> (SGX: NIO) and liquor company <b>Emperador</b> (SGX: EMI) to boost investor interest.</p><p>And more recently, it collaborated with the New York Stock Exchange to explore the dual listing of companies and also launched the NSE IFSC-SGX Connect to allow the trading and clearing of Nifty equity derivatives for global institutions.</p><p><b>DBS Group (SGX: D05)</b></p><p>DBS needs no introduction, being Singapore’s largest bank.</p><p>The lender recently announced that net profit for the first half of 2022 (1H2022) came in at S$3.6 billion, just 3% short of its record-high last year.</p><p>However, the bank upped its interim quarterly dividend from S$0.33 last year to S$0.36, and its shares provide a forward dividend yield of 4.3%.</p><p>DBS has demonstrated its resilience throughout the pandemic as a rise in fee income compensated for lower net interest income.</p><p>Looking ahead, the bank will benefit from the sharp hikes in interest rates as the US Federal Reserve attempts to bring down inflation.</p><p>Investors in the financial institution can also look forward to the integration of its recent acquisition of <b>Citigroup’s</b> (NYSE: C) Taiwan consumer division and new income streams coming from the launch of a digital exchange.</p><p><b>Raffles Medical Group (SGX: BSL)</b></p><p>Raffles Medical Group, or RMG, is an integrated healthcare provider that provides a comprehensive range of healthcare services.</p><p>RMG’s network comprises three tertiary hospitals and more than 100 multi-disciplinary clinics that offer services such as health screening, specialist care, and diagnostics.</p><p>The group reported a healthy set of results for 1H222, with revenue up 11.2% year on year to S$382.3 million.</p><p>Operating profit surged 54.1% year on year to S$86.4 million as patients streamed back to its clinics.</p><p>Net profit jumped 51.3% year on year to S$59.7 million.</p><p>RMG continues to support the Singapore government with testing and vaccination services for COVID-19.</p><p>The group is cautiously optimistic that travel restrictions will ease in China, allowing normal business activities to resume.</p><p>RMG has also obtained approval to set up an in-vitro fertilisation and assisted reproduction therapy centre in Hainan, China, to serve around 40 million women there.</p></body></html>","source":"lsy1602567310727","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>4 Singapore Stocks You Can Buy and Hold Forever</title>\n<style 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}\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n4 Singapore Stocks You Can Buy and Hold Forever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-15 10:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/4-singapore-stocks-you-can-buy-and-hold-forever/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Here are four stocks you can safely own for the rest of your life.“Buy and hold” is a common investing mantra but it’s important to be selective on which stocks qualify.Ideally, you should look for ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-singapore-stocks-you-can-buy-and-hold-forever/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BSL.SI":"莱佛士医疗","WJP.SI":"维康","D05.SI":"星展集团控股","S68.SI":"新加坡交易所"},"source_url":"https://thesmartinvestor.com.sg/4-singapore-stocks-you-can-buy-and-hold-forever/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192571217","content_text":"Here are four stocks you can safely own for the rest of your life.“Buy and hold” is a common investing mantra but it’s important to be selective on which stocks qualify.Ideally, you should look for companies with strong franchises, a competitive moat, and a track record of doing well through good times and bad.It also helps if these stocks pay out a dividend that can act as a stream of passive income.Blue-chip companies can qualify, along with businesses that generate healthy free cash flow and have strong branding and a dominant market share.Here are four Singapore stocks that I believe you can buy and hold for the rest of your life.VICOM Limited (SGX: WJP)VICOM is a leading provider of inspection and technical testing services.The group is a subsidiary of ComfortDelGro Corporation Limited (SGX: C52) and provides both vehicular and non-vehicular testing and inspection services.VICOM has a market share of close to 75% in the vehicle inspection market and the group inspected a record 523,639 vehicles in fiscal 2021 (FY2021).The inspection specialist also has a long track record of generating free cash flow and also maintains a debt-free balance sheet.For the first quarter of 2022 (1Q2022), VICOM’s business update saw revenue rise by 8.1% year on year to S$26 million.Operating profit edged up 5.7% year on year while net profit inched up 3% year on year to S$6.3 million.VICOM has also been a consistent payer of dividends.It paid out a final dividend of S$0.0324 and a special dividend of S$0.02 for FY2021.Together with FY2021’s interim dividend of S$0.0304, the total dividend for FY2021 came up to S$0.0828, giving its shares a trailing dividend yield of 4.1%.Singapore Exchange Limited (SGX: S68)Singapore Exchange Limited, or SGX, is Singapore’s sole stock exchange operator.The group enjoys a natural monopoly and has a long track record of paying out dividends since 2001.The bourse operator offers a comprehensive range of securities such as shares, bonds, and derivatives for its clients to buy and sell and hedge their investment portfolios.SGX has several catalysts in place to help it grow its securities trading volume.First off, the group listed three special purpose acquisition companies, or SPACs, earlier this year.Next, it welcomed secondary listings of electric car maker Nio Inc (SGX: NIO) and liquor company Emperador (SGX: EMI) to boost investor interest.And more recently, it collaborated with the New York Stock Exchange to explore the dual listing of companies and also launched the NSE IFSC-SGX Connect to allow the trading and clearing of Nifty equity derivatives for global institutions.DBS Group (SGX: D05)DBS needs no introduction, being Singapore’s largest bank.The lender recently announced that net profit for the first half of 2022 (1H2022) came in at S$3.6 billion, just 3% short of its record-high last year.However, the bank upped its interim quarterly dividend from S$0.33 last year to S$0.36, and its shares provide a forward dividend yield of 4.3%.DBS has demonstrated its resilience throughout the pandemic as a rise in fee income compensated for lower net interest income.Looking ahead, the bank will benefit from the sharp hikes in interest rates as the US Federal Reserve attempts to bring down inflation.Investors in the financial institution can also look forward to the integration of its recent acquisition of Citigroup’s (NYSE: C) Taiwan consumer division and new income streams coming from the launch of a digital exchange.Raffles Medical Group (SGX: BSL)Raffles Medical Group, or RMG, is an integrated healthcare provider that provides a comprehensive range of healthcare services.RMG’s network comprises three tertiary hospitals and more than 100 multi-disciplinary clinics that offer services such as health screening, specialist care, and diagnostics.The group reported a healthy set of results for 1H222, with revenue up 11.2% year on year to S$382.3 million.Operating profit surged 54.1% year on year to S$86.4 million as patients streamed back to its clinics.Net profit jumped 51.3% year on year to S$59.7 million.RMG continues to support the Singapore government with testing and vaccination services for COVID-19.The group is cautiously optimistic that travel restrictions will ease in China, allowing normal business activities to resume.RMG has also obtained approval to set up an in-vitro fertilisation and assisted reproduction therapy centre in Hainan, China, to serve around 40 million women there.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9071763063,"gmtCreate":1657586510452,"gmtModify":1676536030000,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"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/9071763063","repostId":"1147321373","repostType":4,"repost":{"id":"1147321373","pubTimestamp":1657585192,"share":"https://www.laohu8.com/m/news/1147321373?lang=&edition=full","pubTime":"2022-07-12 08:19","market":"us","language":"en","title":"Twitter Stock Blasted by Options Bears After Musk Pulls Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1147321373","media":"Schaeffer's Research","summary":"Over the weekend, it was announced that Tesla  CEO Elon Musk would not being going through with his ","content":"<html><head></head><body><p>Over the weekend, it was announced that <a href=\"https://laohu8.com/S/TSLA\">Tesla </a> CEO Elon Musk would not being going through with his deal to buy <a href=\"https://laohu8.com/S/TWTR\">Twitter Inc </a> for $44 billion. Twitter has since threatened to sue Musk for terminating the deal. Musk responded, using the platform to tweet that the social media company would need to provide more information on spam accounts and bots. In response, the shares of Twitter (TWTR) are falling down, seen down 11.3% to trade at $32.65 on Monday.</p><p>Options activity surrounding Twitter stock is already off the charts, with 26,000 calls and 44,000 puts exchanged so far -- six times the intraday average. What&#39;s more, put volume is running in the 99th percentile of its annual range. The most popular position is the July 30 put, followed by the 34 put in the same series.</p><p>Analysts are chiming in as well. Since the deal was terminated, both Wedbush and Stifel slashed their price targets, both to $30. This marks Wedbush&#39;s second price-target cut in a matter of days, as on Friday, the analyst lowered its price objective to $43 from $54, as it already predicted that the deal was on the brink of collapse.</p><p>The stock is now trading at its lowest level since March, and suffers a 24.46% year-to-date deficit.</p><p>Twitter’s retail investors have turned bearish now that Elon Musk wants to walk away.</p><p>They’re dumping shares, exercising put options and making short bets as the $44 billion deal is headed for what looks like a protracted court fight.</p><p>Sarah Mostafa, a physical therapist in New York City, just exercised her puts — or bearish wagers — on Twitter and made about $2,000.</p><p>The 32-year-old initially bought the puts in May before Twitter’s board approved the acquisition. That turned out to be a prescient bet.</p><p>“It’s absolute chaos at this point,” she said. “I’m not sure what will happen with the lawsuit, but it should be interesting to see how it plays out in the end. It doesn’t look good for Twitter at the moment.”</p><p>Twitter shares could see downside to $11/share if Elon Musk&#39;s $44 billion deal to acquire the companydoesn&#39;t happen, according a Rosenblatt analyst.</p><blockquote>&#34;We are arguing that it would be suffering at the low end of peers so it could be an $11 stock,&#34; Crockett said. &#34;That would be based on a 90% plus decline from the 52-week high, which would be at the high end of what peers have done and also reflecting the fact that the business I think has been meaningfully disrupted.&#34;</blockquote></body></html>","source":"lsy1653551688042","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 Stock Blasted by Options Bears After Musk Pulls 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 Stock Blasted by Options Bears After Musk Pulls Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-12 08:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.schaeffersresearch.com/content/news/2022/07/11/twitter-stock-blasted-by-options-bears-after-musk-pulls-deal><strong>Schaeffer's Research</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Over the weekend, it was announced that Tesla  CEO Elon Musk would not being going through with his deal to buy Twitter Inc  for $44 billion. Twitter has since threatened to sue Musk for terminating ...</p>\n\n<a href=\"https://www.schaeffersresearch.com/content/news/2022/07/11/twitter-stock-blasted-by-options-bears-after-musk-pulls-deal\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter"},"source_url":"https://www.schaeffersresearch.com/content/news/2022/07/11/twitter-stock-blasted-by-options-bears-after-musk-pulls-deal","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147321373","content_text":"Over the weekend, it was announced that Tesla  CEO Elon Musk would not being going through with his deal to buy Twitter Inc  for $44 billion. Twitter has since threatened to sue Musk for terminating the deal. Musk responded, using the platform to tweet that the social media company would need to provide more information on spam accounts and bots. In response, the shares of Twitter (TWTR) are falling down, seen down 11.3% to trade at $32.65 on Monday.Options activity surrounding Twitter stock is already off the charts, with 26,000 calls and 44,000 puts exchanged so far -- six times the intraday average. What's more, put volume is running in the 99th percentile of its annual range. The most popular position is the July 30 put, followed by the 34 put in the same series.Analysts are chiming in as well. Since the deal was terminated, both Wedbush and Stifel slashed their price targets, both to $30. This marks Wedbush's second price-target cut in a matter of days, as on Friday, the analyst lowered its price objective to $43 from $54, as it already predicted that the deal was on the brink of collapse.The stock is now trading at its lowest level since March, and suffers a 24.46% year-to-date deficit.Twitter’s retail investors have turned bearish now that Elon Musk wants to walk away.They’re dumping shares, exercising put options and making short bets as the $44 billion deal is headed for what looks like a protracted court fight.Sarah Mostafa, a physical therapist in New York City, just exercised her puts — or bearish wagers — on Twitter and made about $2,000.The 32-year-old initially bought the puts in May before Twitter’s board approved the acquisition. That turned out to be a prescient bet.“It’s absolute chaos at this point,” she said. “I’m not sure what will happen with the lawsuit, but it should be interesting to see how it plays out in the end. It doesn’t look good for Twitter at the moment.”Twitter shares could see downside to $11/share if Elon Musk's $44 billion deal to acquire the companydoesn't happen, according a Rosenblatt analyst.\"We are arguing that it would be suffering at the low end of peers so it could be an $11 stock,\" Crockett said. \"That would be based on a 90% plus decline from the 52-week high, which would be at the high end of what peers have done and also reflecting the fact that the business I think has been meaningfully disrupted.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048222529,"gmtCreate":1656214171561,"gmtModify":1676535786510,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048222529","repostId":"1191010488","repostType":4,"repost":{"id":"1191010488","pubTimestamp":1656202469,"share":"https://www.laohu8.com/m/news/1191010488?lang=&edition=full","pubTime":"2022-06-26 08:14","market":"us","language":"en","title":"Warren Buffett's 4 Rules for Investing in a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1191010488","media":"Motley Fool","summary":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as theS&P 500 was on its way to a 35% dipthat bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs,Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it m","content":"<html><head></head><body><p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&amp;P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he&#39;s managed through 12 more bear markets not including this one.</p><p>Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it&#39;s Buffett.</p><p>So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett&#39;s famous rules for investing in a bear market.</p><p>1. Buy quality merchandise on sale</p><blockquote><i>&#34;Whether we&#39;re talking about socks or stocks, I like buying quality merchandise when it is marked down.&#34;</i></blockquote><p>Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.</p><p>As an example, Buffett&#39;s response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway&#39;s portfolio, Buffett bought another 3.78 million shares.</p><p>You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.</p><p>2. Hold forever</p><blockquote><i>&#34;Our favorite holding period is forever.&#34;</i></blockquote><p>When you buy stocks you&#39;d like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don&#39;t have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.</p><p>3. Stay calm</p><blockquote><i>&#34;The most important quality for an investor is temperament, not intellect.&#34;</i></blockquote><p>It&#39;s normal and useful to second-guess your &#34;hold forever&#34; plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.</p><p>The distinction you must make is whether circumstances have changed permanently or temporarily. And that&#39;s easier to do when you can analyze what&#39;s happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that&#39;s sure to dampen your long-term returns.</p><p>4. Keep your distance</p><p>Buffett said this when asked what advice he had for investors in tough markets:<i>&#34;I would tell them: Don&#39;t watch the market too closely.&#34;</i></p><p>Let&#39;s say you&#39;re confident that your &#34;hold forever&#34; stocks can withstand a temporary bear market. And for that reason, you&#39;re not going to react to falling share prices. In that scenario, what&#39;s the benefit of tracking every bump along the way? There isn&#39;t one.</p><p>It&#39;s OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.</p><p>Buy or do nothing</p><p>When a bear market sets in, you&#39;ll see Buffett mostly buy or hold. If you&#39;re questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.</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>Warren Buffett's 4 Rules for Investing in a Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett's 4 Rules for Investing in a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-26 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's ...</p>\n\n<a href=\"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.zacks.com/stock/news/1943735/how-to-pick-great-value-stocks-like-warren-buffett?art_rec=home-home-top_stories-ID01-txt-1943735","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191010488","content_text":"Warren Buffett began his investing career in a bear market. He bought his first stock in the early 1940s at age 11 as the S&P 500 was on its way to a 35% dip that bottomed in 1942. Since then, he's managed through 12 more bear markets not including this one.Despite those downturns, Buffett has managed to create billions in value for himself and the shareholders of the company he runs, Berkshire Hathaway. If any investor is qualified to share wisdom on investing in bear markets, it's Buffett.So it makes sense to lean on his expertise to get through this tough climate with your wealth intact, right? To get you started, here are four of Buffett's famous rules for investing in a bear market.1. Buy quality merchandise on sale\"Whether we're talking about socks or stocks, I like buying quality merchandise when it is marked down.\"Buffett invests in high-quality businesses -- companies with a proven ability to create shareholder value through all economic climates. In his view, bear markets provide opportunities to buy these quality stocks at lower prices.As an example, Buffett's response earlier this year to the tech stock sell-off was to buy more of his favorite technology company, Apple. Although Apple already comprised more than 40% of Berkshire Hathaway's portfolio, Buffett bought another 3.78 million shares.You can mimic his strategy by identifying stocks you love for their long-term prospects. If your budget allows, increase your investing activity and pad your share counts while prices remain low.2. Hold forever\"Our favorite holding period is forever.\"When you buy stocks you'd like to hold forever, bear markets become far less stressful. Since your plan is to hold for the long run, you don't have to do anything when the market goes sideways. No reshuffling your portfolio and no guessing when share prices will bottom out. Your only job is to wait.3. Stay calm\"The most important quality for an investor is temperament, not intellect.\"It's normal and useful to second-guess your \"hold forever\" plan when circumstances change. Certainly, there will be times when you should drop a stock you thought was a keeper.The distinction you must make is whether circumstances have changed permanently or temporarily. And that's easier to do when you can analyze what's happening calmly and rationally. If you let your emotions take over, they can convince you to scrap your plan, cut your losses, or take some other dramatic action that's sure to dampen your long-term returns.4. Keep your distanceBuffett said this when asked what advice he had for investors in tough markets:\"I would tell them: Don't watch the market too closely.\"Let's say you're confident that your \"hold forever\" stocks can withstand a temporary bear market. And for that reason, you're not going to react to falling share prices. In that scenario, what's the benefit of tracking every bump along the way? There isn't one.It's OK to keep some distance from financial headlines when the market is going crazy. Consider it a survival strategy that helps you stay calm and stick to your investing plan.Buy or do nothingWhen a bear market sets in, you'll see Buffett mostly buy or hold. If you're questioning whether those are the right moves for your portfolio, remember this: Buffett is worth about $95 billion, and he has invested through more bear markets than almost anyone. His tactics can help you emerge from this bear market stronger and wealthier than ever.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034133656,"gmtCreate":1647823453025,"gmtModify":1676534268560,"author":{"id":"4108357878122710","authorId":"4108357878122710","name":"Deskok","avatar":"https://community-static.tradeup.com/news/574c0fabb52925a9b8615b5a28580717","crmLevel":5,"crmLevelSwitch":0},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034133656","repostId":"1116854303","repostType":4,"repost":{"id":"1116854303","pubTimestamp":1647818702,"share":"https://www.laohu8.com/m/news/1116854303?lang=&edition=full","pubTime":"2022-03-21 07:25","market":"other","language":"en","title":"Tech Stocks Lead ASX Higher","url":"https://stock-news.laohu8.com/highlight/detail?id=1116854303","media":"Australian Financial Review","summary":"The Australian sharemarket has risen at the open, hitting a two-month-high, as tech stocks soared, m","content":"<html><head></head><body><p>The Australian sharemarket has risen at the open, hitting a two-month-high, as tech stocks soared, mirroring a similar performance from Wall St on Friday.</p><p>The S&amp;P/ASX 200 Index was up 43.1 points, or 0.6 per cent, to 7337.5.</p><p>Block was up 9.9 per cent to $185.64 while Novonix soared 7.2 per cent to $6.07 and Life360 was up 6.3 per cent to $5.61.</p><p>Zip Co climbed 5.9 per cent to $1.70, Appen added 4.7 per cent to $7.30 and Tyro Payments was up 5.8 per cent to $1.82.</p><p>Ampol was down 2.1 per cent while United Malt Group dropped 1.5 per cent to $3.90.</p><p>Atlas Arteria declined 1.4 per cnet to $7.14 and Newcrest Mining slid 1.3 per cent to $25.63.</p><p></p></body></html>","source":"lsy1647818771712","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tech Stocks Lead ASX Higher</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTech Stocks Lead ASX Higher\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-21 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.afr.com/markets/equity-markets/asx-to-rise-markets-gain-confidence-on-ukraine-resolution-20220321-p5a6dq><strong>Australian Financial Review</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Australian sharemarket has risen at the open, hitting a two-month-high, as tech stocks soared, mirroring a similar performance from Wall St on Friday.The S&P/ASX 200 Index was up 43.1 points, or ...</p>\n\n<a href=\"https://www.afr.com/markets/equity-markets/asx-to-rise-markets-gain-confidence-on-ukraine-resolution-20220321-p5a6dq\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XAO.AU":"标普/澳交所 普通股指数","XKO.AU":"标普/澳交所 300指数","XJO.AU":"标普/澳交所 200指数"},"source_url":"https://www.afr.com/markets/equity-markets/asx-to-rise-markets-gain-confidence-on-ukraine-resolution-20220321-p5a6dq","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116854303","content_text":"The Australian sharemarket has risen at the open, hitting a two-month-high, as tech stocks soared, mirroring a similar performance from Wall St on Friday.The S&P/ASX 200 Index was up 43.1 points, or 0.6 per cent, to 7337.5.Block was up 9.9 per cent to $185.64 while Novonix soared 7.2 per cent to $6.07 and Life360 was up 6.3 per cent to $5.61.Zip Co climbed 5.9 per cent to $1.70, Appen added 4.7 per cent to $7.30 and Tyro Payments was up 5.8 per cent to $1.82.Ampol was down 2.1 per cent while United Malt Group dropped 1.5 per cent to $3.90.Atlas Arteria declined 1.4 per cnet to $7.14 and Newcrest Mining slid 1.3 per cent to $25.63.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}