Eng22 personal page - To The Moon

Eng22

Eng22

No personal profile

13Follow

3Followers

1Topic

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10-04

5&7

10-04

1 and 8

06-28

diff is circled

06-28

diff is circled

06-28

diff is circled

06-22

happy 10th anniversary. screen shot coffee and hopefully I get one as remembrance for your happy anniversary!

02-24

Happy 15th day of lunar new year. I wish the dragon brought wealth to everyone.

02-14

Wow. What's gonna happen? I got a double up card and be a millionaire.... Hope this materialises.

2023-06-27

Me. And my clawcatcher

2023-06-25

I wish the game have more arena

2023-06-24

Hoping to get points

2023-06-23

Collect more points

2023-06-21

Can't get more points

@TigerEvents:Light up your investing with Tiger, play and win prizes worth up to USD 999

2023-06-21

I am enjoying but always cannot get past hk

2023-06-20

Come. Let's conquer the levels

2023-06-19

What's after hk pls?

2023-06-18

Hope to speed up progress

2023-06-18

I need to make Progress beyond hk

@TigerEvents:Light up your investing with Tiger, play and win prizes worth up to USD 999

2023-06-17

Iam still stuck in hk

2023-06-16

I am not a good dim sum fisher haha

Go to Tiger App to see more news

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What's gonna happen? I got a double up card and be a millionaire.... Hope this materialises.","listText":"Wow. What's gonna happen? I got a double up card and be a millionaire.... Hope this materialises.","text":"Wow. What's gonna happen? I got a double up card and be a millionaire.... 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And my clawcatcher","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/766038153625664","isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191030847033616,"gmtCreate":1687663915105,"gmtModify":1687663919344,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I wish the game have more arena&nbsp;","listText":"I wish the game have more arena&nbsp;","text":"I wish the game have more arena","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191030847033616","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190510062379184,"gmtCreate":1687536901820,"gmtModify":1687536905941,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Hoping to get points","listText":"Hoping to get points","text":"Hoping to get points","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190510062379184","isVote":1,"tweetType":1,"viewCount":692,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190386005622904,"gmtCreate":1687506479353,"gmtModify":1687506483912,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Collect more points&nbsp;","listText":"Collect more points&nbsp;","text":"Collect more points","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190386005622904","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979355022,"gmtCreate":1687307031567,"gmtModify":1687307035375,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Can't get more points","listText":"Can't get more points","text":"Can't get more points","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979355022","repostId":"9970552986","repostType":1,"repost":{"id":9970552986,"gmtCreate":1684749089245,"gmtModify":1686052573124,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Light up your investing with Tiger, play and win prizes worth up to USD 999","htmlText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","listText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! 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Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.👉 Click here to start play","images":[{"img":"https://community-static.tradeup.com/news/0b6e3d13593eac0f4cc3fdb8b6bf8056","width":"1200","height":"675"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970552986","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189568415318192,"gmtCreate":1687307007517,"gmtModify":1687307011902,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I am enjoying but always cannot get past hk","listText":"I am enjoying but always cannot get past hk","text":"I am enjoying but always cannot get past hk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189568415318192","isVote":1,"tweetType":1,"viewCount":552,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189384735256608,"gmtCreate":1687262207244,"gmtModify":1687262210529,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Come. Let's conquer the levels&nbsp;","listText":"Come. Let's conquer the levels&nbsp;","text":"Come. Let's conquer the levels","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/189384735256608","isVote":1,"tweetType":1,"viewCount":682,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188852594512048,"gmtCreate":1687132246578,"gmtModify":1687132251383,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"What's after hk pls?","listText":"What's after hk pls?","text":"What's after hk pls?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188852594512048","isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188591441088664,"gmtCreate":1687068355940,"gmtModify":1687068360118,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Hope to speed up progress&nbsp;","listText":"Hope to speed up progress&nbsp;","text":"Hope to speed up progress","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188591441088664","isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9979363760,"gmtCreate":1687068309050,"gmtModify":1687068312779,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I need to make Progress beyond hk","listText":"I need to make Progress beyond hk","text":"I need to make Progress beyond hk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9979363760","repostId":"9970552986","repostType":1,"repost":{"id":9970552986,"gmtCreate":1684749089245,"gmtModify":1686052573124,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/c266ef25181ace18bec1262357bbe1a8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667667103859","authorIdStr":"3527667667103859"},"themes":[],"title":"Light up your investing with Tiger, play and win prizes worth up to USD 999","htmlText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","listText":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&amp;Cs apply.👉 <a href=\"https://tigr.link/lightupsg\" target=\"_blank\">Click here to start play</a>","text":"Join our exclusive \"Light up Your Investing\" campaign with Tiger!Participate in our game and win fantastic prizes worth up to USD 999*!Unveil the allure of various regions as you progress through exciting game levels.But wait, there's more! Along your journey, uncover hidden rewards and unlock exclusive bonuses that will supercharge your investing game!Not only will you gain valuable knowledge and insights, but you'll also compete with fellow investors for the top spot on our leaderboard!Invite your friends and embark on this epic investing adventure together! Let's light up the world of investing with Tiger!Don't miss out on this limited-time opportunity!Campaign period: 6th June to 27th June. *T&Cs apply.👉 Click here to start play","images":[{"img":"https://community-static.tradeup.com/news/0b6e3d13593eac0f4cc3fdb8b6bf8056","width":"1200","height":"675"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970552986","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":156,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":188266506371336,"gmtCreate":1686989235450,"gmtModify":1686989239791,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Iam still stuck in hk","listText":"Iam still stuck in hk","text":"Iam still stuck in hk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/188266506371336","isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187948303609904,"gmtCreate":1686911517626,"gmtModify":1686911522116,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I am not a good dim sum fisher haha","listText":"I am not a good dim sum fisher haha","text":"I am not a good dim sum fisher haha","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/187948303609904","isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9031632908,"gmtCreate":1646536697208,"gmtModify":1676534137775,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"After these 2 long years I hope we get some closure to the pandemic. Eagerly awaiting recovery to full normalcy. The period had&nbsp;devastating effects on mental and social wellbeing.&nbsp;","listText":"After these 2 long years I hope we get some closure to the pandemic. Eagerly awaiting recovery to full normalcy. The period had&nbsp;devastating effects on mental and social wellbeing.&nbsp;","text":"After these 2 long years I hope we get some closure to the pandemic. Eagerly awaiting recovery to full normalcy. The period had devastating effects on mental and social wellbeing.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031632908","repostId":"2217049529","repostType":4,"repost":{"id":"2217049529","pubTimestamp":1646533561,"share":"https://ttm.financial/m/news/2217049529?lang=&edition=fundamental","pubTime":"2022-03-06 10:26","market":"us","language":"en","title":"As COVID Continues to Wane, Will Additional Booster Shots Be Needed?","url":"https://stock-news.laohu8.com/highlight/detail?id=2217049529","media":"seekingalpha","summary":"As COVID-19 cases continue to decline and COVID restrictions are lifted, the U.S. is returning to mo","content":"<html><head></head><body><p>As COVID-19 cases continue to decline and COVID restrictions are lifted, the U.S. is returning to more of a sense of normalcy. This has many thinking if additional booster shots will be necessary.</p><p>There is no clear answer at this point. While CDC data in February indicated the effectiveness of Pfizer (NYSE:PFE)/BioNTech (NASDAQ:BNTX) and Moderna (NASDAQ:MRNA) booster shots subsides after about four months, public health officials haven&#39;t come out to endorse additional boosters.</p><p>In an interview with <i>The New York Times</i> last month, Anthony Fauci, chief medical advisor to the president, said that although he is often asked if a fourth shot is necessary, the protection still afforded by a single booster is good.</p><p>In the same article, Peter Marks, director of the Center for Biologics Evaluation and Research at the U.S. FDA, said there isn&#39;t enough data yet to make a determination on a fourth shot.</p><p>Another recent <i>Times</i> article argues that based on several recent studies, another booster is likely not needed for many months, if not longer than that.</p><p>&#34;We&#39;re starting to see now diminishing returns on the number of additional doses,&#34; John Wherry, director of the Institute for immunology at the University of Pennsylvania, told the newspaper.</p><p>A study from Israel of people inoculated with a fourth shot that came out in January found that while it increased the level of antibodies, many people still became ill with the Omicron variant.</p><p>The need for -- or lack thereof -- additional booster shots could have a significant impact on some of the COVID vaccine makers, especially those whose revenues are reliant on vaccine revenue. This includes BioNTech (BNTX), Moderna (MRNA), and Novavax (NASDAQ:NVAX).</p><p>However, there is some comfort for them in that they still have orders to fill from the U.S. and many other countries. That should keep them busy through 2022. But beyond that is a question mark at this point.</p><p>There is also a need to provide initial vaccination and first booster shots in many poorer countries that could sustain the biotechs longer. But at some point -- and perhaps sooner than expected -- they will need to find other revenue streams in their pipelines.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As COVID Continues to Wane, Will Additional Booster Shots Be Needed?</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\">\nAs COVID Continues to Wane, Will Additional Booster Shots Be Needed?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-06 10:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3809802-as-covid-continues-to-wane-will-additional-booster-shots-be-needed><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As COVID-19 cases continue to decline and COVID restrictions are lifted, the U.S. is returning to more of a sense of normalcy. This has many thinking if additional booster shots will be necessary....</p>\n\n<a href=\"https://seekingalpha.com/news/3809802-as-covid-continues-to-wane-will-additional-booster-shots-be-needed\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4007":"制药","BK4550":"红杉资本持仓","BK4532":"文艺复兴科技持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4548":"巴美列捷福持仓","MRNA":"Moderna, Inc.","PFE":"辉瑞","NVAX":"诺瓦瓦克斯医药","BK4534":"瑞士信贷持仓","BK4139":"生物科技","BNTX":"BioNTech SE","BK4568":"美国抗疫概念","BK4581":"高盛持仓"},"source_url":"https://seekingalpha.com/news/3809802-as-covid-continues-to-wane-will-additional-booster-shots-be-needed","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2217049529","content_text":"As COVID-19 cases continue to decline and COVID restrictions are lifted, the U.S. is returning to more of a sense of normalcy. This has many thinking if additional booster shots will be necessary.There is no clear answer at this point. While CDC data in February indicated the effectiveness of Pfizer (NYSE:PFE)/BioNTech (NASDAQ:BNTX) and Moderna (NASDAQ:MRNA) booster shots subsides after about four months, public health officials haven't come out to endorse additional boosters.In an interview with The New York Times last month, Anthony Fauci, chief medical advisor to the president, said that although he is often asked if a fourth shot is necessary, the protection still afforded by a single booster is good.In the same article, Peter Marks, director of the Center for Biologics Evaluation and Research at the U.S. FDA, said there isn't enough data yet to make a determination on a fourth shot.Another recent Times article argues that based on several recent studies, another booster is likely not needed for many months, if not longer than that.\"We're starting to see now diminishing returns on the number of additional doses,\" John Wherry, director of the Institute for immunology at the University of Pennsylvania, told the newspaper.A study from Israel of people inoculated with a fourth shot that came out in January found that while it increased the level of antibodies, many people still became ill with the Omicron variant.The need for -- or lack thereof -- additional booster shots could have a significant impact on some of the COVID vaccine makers, especially those whose revenues are reliant on vaccine revenue. This includes BioNTech (BNTX), Moderna (MRNA), and Novavax (NASDAQ:NVAX).However, there is some comfort for them in that they still have orders to fill from the U.S. and many other countries. That should keep them busy through 2022. But beyond that is a question mark at this point.There is also a need to provide initial vaccination and first booster shots in many poorer countries that could sustain the biotechs longer. But at some point -- and perhaps sooner than expected -- they will need to find other revenue streams in their pipelines.","news_type":1},"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9036469327,"gmtCreate":1647183801034,"gmtModify":1676534201096,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I never believe in short selling.&nbsp;","listText":"I never believe in short selling.&nbsp;","text":"I never believe in short selling.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9036469327","repostId":"1160469103","repostType":4,"repost":{"id":"1160469103","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":1647147111,"share":"https://ttm.financial/m/news/1160469103?lang=&edition=fundamental","pubTime":"2022-03-13 12:51","market":"us","language":"en","title":"Short-Sellers Are Scarce and That’s Some of The Best News the Stock Market’s Had Lately","url":"https://stock-news.laohu8.com/highlight/detail?id=1160469103","media":"Dow Jones","summary":"The U.S. stock market should be given the benefit of the doubt over the next 12 months, according to","content":"<html><head></head><body><p>The U.S. stock market should be given the benefit of the doubt over the next 12 months, according to an analysis of short sellers’ recent transactions.</p><p>This upbeat message may incline you to view short sellers more positively. They’ve never had a particularly good reputation, since many believe — I think wrongly — that there’s something untoward about betting that a stock’s price will go down.</p><p>For this column, I’m not interested in short-sellers’ integrity and virtue (or lack thereof). My focus instead is on whether their behavior can be used to time the market.</p><p>The answer is a resounding yes, according to research conducted by Matthew Ringgenberg, a finance professor at the University of Utah and one of academia’s leading experts on short selling. In research published in the Journal of Financial Economics in 2016, he reported that “short interest is arguably the strongest known predictor of aggregate stock returns.”</p><p>In an interview earlier this week, Ringgenberg added that short interest for the most part has continued to do an admirable job in the six years since his research was published. A year ago I reported that Ringgenberg’s data was bullish for the subsequent 12 months: “Short-selling may be helping to keep the bull market alive,” I wrote.</p><p><img src=\"https://static.tigerbbs.com/c235acc6ce62839261bb7c42ddc66285\" tg-width=\"1085\" tg-height=\"722\" width=\"100%\" height=\"auto\"/>Fortunately for the market now, short-sellers’ message is slightly more bullish than it was a year ago. This is evident in the chart above, which plots an equally weighted average of individual stocks’ short-interest ratios. Notice that this average today is slightly lower (and so more bullish) than it was in early 2021.</p><p>What’s more noteworthy is the contrast with how short sellers behaved leading up to and during 2008’s Great Financial Crisis (GFC). As you can see from the chart, they became increasingly bearish over a couple of years prior to the GFC, and became even more bearish in the first months of 2008, just as the bear market was beginning. It’s a relief that the short sellers are not reacting in the same way now. The “short seller data do not support an expectation of a bear market,” Ringgenberg said.</p><p>At the same time, it should be noted that short sellers haven’t reacted to the market’s recent selloff by becoming significantly more bullish. So the market outlook hasn’t gotten any better either.</p><p>Ringgenberg summed up the current message of the short sellers: “The market over the next 12 months is likely to behave much as it has in recent years.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Short-Sellers Are Scarce and That’s Some of The Best News the Stock Market’s Had Lately</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\">\nShort-Sellers Are Scarce and That’s Some of The Best News the Stock Market’s Had Lately\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-03-13 12:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The U.S. stock market should be given the benefit of the doubt over the next 12 months, according to an analysis of short sellers’ recent transactions.</p><p>This upbeat message may incline you to view short sellers more positively. They’ve never had a particularly good reputation, since many believe — I think wrongly — that there’s something untoward about betting that a stock’s price will go down.</p><p>For this column, I’m not interested in short-sellers’ integrity and virtue (or lack thereof). My focus instead is on whether their behavior can be used to time the market.</p><p>The answer is a resounding yes, according to research conducted by Matthew Ringgenberg, a finance professor at the University of Utah and one of academia’s leading experts on short selling. In research published in the Journal of Financial Economics in 2016, he reported that “short interest is arguably the strongest known predictor of aggregate stock returns.”</p><p>In an interview earlier this week, Ringgenberg added that short interest for the most part has continued to do an admirable job in the six years since his research was published. A year ago I reported that Ringgenberg’s data was bullish for the subsequent 12 months: “Short-selling may be helping to keep the bull market alive,” I wrote.</p><p><img src=\"https://static.tigerbbs.com/c235acc6ce62839261bb7c42ddc66285\" tg-width=\"1085\" tg-height=\"722\" width=\"100%\" height=\"auto\"/>Fortunately for the market now, short-sellers’ message is slightly more bullish than it was a year ago. This is evident in the chart above, which plots an equally weighted average of individual stocks’ short-interest ratios. Notice that this average today is slightly lower (and so more bullish) than it was in early 2021.</p><p>What’s more noteworthy is the contrast with how short sellers behaved leading up to and during 2008’s Great Financial Crisis (GFC). As you can see from the chart, they became increasingly bearish over a couple of years prior to the GFC, and became even more bearish in the first months of 2008, just as the bear market was beginning. It’s a relief that the short sellers are not reacting in the same way now. The “short seller data do not support an expectation of a bear market,” Ringgenberg said.</p><p>At the same time, it should be noted that short sellers haven’t reacted to the market’s recent selloff by becoming significantly more bullish. So the market outlook hasn’t gotten any better either.</p><p>Ringgenberg summed up the current message of the short sellers: “The market over the next 12 months is likely to behave much as it has in recent years.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160469103","content_text":"The U.S. stock market should be given the benefit of the doubt over the next 12 months, according to an analysis of short sellers’ recent transactions.This upbeat message may incline you to view short sellers more positively. They’ve never had a particularly good reputation, since many believe — I think wrongly — that there’s something untoward about betting that a stock’s price will go down.For this column, I’m not interested in short-sellers’ integrity and virtue (or lack thereof). My focus instead is on whether their behavior can be used to time the market.The answer is a resounding yes, according to research conducted by Matthew Ringgenberg, a finance professor at the University of Utah and one of academia’s leading experts on short selling. In research published in the Journal of Financial Economics in 2016, he reported that “short interest is arguably the strongest known predictor of aggregate stock returns.”In an interview earlier this week, Ringgenberg added that short interest for the most part has continued to do an admirable job in the six years since his research was published. A year ago I reported that Ringgenberg’s data was bullish for the subsequent 12 months: “Short-selling may be helping to keep the bull market alive,” I wrote.Fortunately for the market now, short-sellers’ message is slightly more bullish than it was a year ago. This is evident in the chart above, which plots an equally weighted average of individual stocks’ short-interest ratios. Notice that this average today is slightly lower (and so more bullish) than it was in early 2021.What’s more noteworthy is the contrast with how short sellers behaved leading up to and during 2008’s Great Financial Crisis (GFC). As you can see from the chart, they became increasingly bearish over a couple of years prior to the GFC, and became even more bearish in the first months of 2008, just as the bear market was beginning. It’s a relief that the short sellers are not reacting in the same way now. The “short seller data do not support an expectation of a bear market,” Ringgenberg said.At the same time, it should be noted that short sellers haven’t reacted to the market’s recent selloff by becoming significantly more bullish. So the market outlook hasn’t gotten any better either.Ringgenberg summed up the current message of the short sellers: “The market over the next 12 months is likely to behave much as it has in recent years.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9031006250,"gmtCreate":1646372329151,"gmtModify":1676534123597,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I hope you get free of all these harmful effects going on in your world now. Take care and stand by your beliefs.&nbsp;","listText":"I hope you get free of all these harmful effects going on in your world now. Take care and stand by your beliefs.&nbsp;","text":"I hope you get free of all these harmful effects going on in your world now. Take care and stand by your beliefs.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9031006250","repostId":"2216431316","repostType":2,"repost":{"id":"2216431316","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":1646361660,"share":"https://ttm.financial/m/news/2216431316?lang=&edition=fundamental","pubTime":"2022-03-04 10:41","market":"us","language":"en","title":"How One Ukrainian Retail Investor is Preparing for Combat in Odessa, and Using What He Learned Fighting for GameStop","url":"https://stock-news.laohu8.com/highlight/detail?id=2216431316","media":"Dow Jones","summary":"In Odessa, Ukrainians are girding for yet another fight in another major city as Russian warships an","content":"<html><head></head><body><p>In Odessa, Ukrainians are girding for yet another fight in another major city as Russian warships and paratroopers threaten the southern, coastal region of Europe&#39;s second-largest nation, with citizens are laying sandbags to protect the art and culture of this key port city founded by Catherine the Great.</p><p>For one citizen of Odessa, however, the sensation of being prepared to fight a large and powerful enemy doesn&#39;t feel new, because Oleksandr Gereskul has been battling his own enemies -- at least virtually -- for more than a year.</p><p>You see, Oleksandr Gereskul is an investor in GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a>.</p><p>According to multiple posts on subreddit r/GME in recent days and email communications with MemeMoney, the 48-year-old Gereskul says that he is holed up in his native Odessa, waiting for Russia&#39;s attack and asking his fellow self-professed &#34;GME Apes&#34; for recognition, if not support, on social media.</p><p>In a series of Reddit posts, under username u/kvintos80 with the title &#34;I AM FROM UKRAINE. I STEEL LOVE GME,&#34; Gereskul is sharing thoughts and images he claims are from inside the siege while also asking Reddit moderators not to take down his posts, because while they aren&#39;t strictly about his investment in GameStop shares (as the rules of the subreddit require) he wants his online community to know that they are about what he sees as another important struggle.</p><p>&#34;Dear ape. I can. I can write again. GME FOREVE[R]&#34; Gereskul posted early Thursday &#34;Mode[rator] thanks for your patience, I do know my posts don&#39;t concern this group.&#34;</p><p>In a post on Wednesday, he wrote of an opportunity &#34;to bring to the world what is happening in the war in Ukraine.&#34; In an email exchange with Gereskul on Wednesday, he told MemeMoney that he expected an attack on Odessa imminently.</p><p>&#34;Alarm all the time. Busy days,&#34; he wrote. But a heightened sense of alarm is something Gereskul says he can cope with better, partially based on what he has learned from his experience in the meme-stock revolution.</p><p>&#34;I am the same person who, in the heat of the rush, came to the GME project and now firmly believes that fighting against the hedge funds and fighting the [Ukraine] war is the same thing,&#34; he posted Wednesday on Reddit.</p><p>Gereskul posted a screenshot of his GME average price over the course of his investment, a common practice in the community. The price was $191.40, indicating that he has been an investor between the $325-per-share highs of January 2021, and Wednesday&#39;s closing price of $122.14.</p><p>In Thursday&#39;s Reddit post, Gereskul compared a shorting tactic that many individual investors believe is commonly used by hedge funds with artillery shelling.</p><p>&#34;GME money is important,&#34; read Thursday&#39;s post. &#34;But when I look into I understand that system wants to devastate us. The system can use a ladder attack or real bombs on our heads. It is the same for them.&#34;</p><p><b>Support from the Apes</b></p><p>Gereskul&#39;s posts have been met with some support in the virtual realm.</p><p>&#34;We&#39;ve forged a family in these forums over the past 14 months, and if my blood relatives were in Ukraine right now, I&#39;d want to know how they were doing,&#34; replied u/Hub-Hikari on Wednesday. &#34;Stay strong. Stay safe.&#34;</p><p>Other GME investors joined the chorus of replies to Gereskul&#39;s posts, with many writing &#34;Slava Ukraine!,&#34; or &#34;Glory to Ukraine,&#34; as a rallying cry.</p><p>On Thursday, Gereskul also posted images of what he claimed was a residential building shelled by Russian troops.</p><p>&#34;They claim they don&#39;t bomb the civil place,&#34; he wrote. &#34;That is [meme] stock. That is hype. It&#39;s worth nothing.&#34;</p><p>&#34;Putin is a big hedgie,&#34; replied u/Antball.</p><p>Since Russia&#39;s invasion, numerous Reddit boards have broken out with discussions of how to buy Ukrainian war bonds, paying 11% interest, with some users urging one another to do so, despite reports of difficulties around how to buy the bonds.</p><p>&#34;Hell, I would open a account if this was the only way to buy,&#34; mused u/ACELUCKY23 on a WallStreetBets post discussing the bonds. &#34;I just want to invest my money in the resistance against the Russians.&#34;</p><p>Gereskul said he appreciates any support.</p><p>&#34;Thanks for your attention dear simple ape,&#34; he wrote Thursday. &#34;I am like you. I only want to be free.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How One Ukrainian Retail Investor is Preparing for Combat in Odessa, and Using What He Learned Fighting for GameStop</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\">\nHow One Ukrainian Retail Investor is Preparing for Combat in Odessa, and Using What He Learned Fighting for GameStop\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-03-04 10:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>In Odessa, Ukrainians are girding for yet another fight in another major city as Russian warships and paratroopers threaten the southern, coastal region of Europe&#39;s second-largest nation, with citizens are laying sandbags to protect the art and culture of this key port city founded by Catherine the Great.</p><p>For one citizen of Odessa, however, the sensation of being prepared to fight a large and powerful enemy doesn&#39;t feel new, because Oleksandr Gereskul has been battling his own enemies -- at least virtually -- for more than a year.</p><p>You see, Oleksandr Gereskul is an investor in GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a>.</p><p>According to multiple posts on subreddit r/GME in recent days and email communications with MemeMoney, the 48-year-old Gereskul says that he is holed up in his native Odessa, waiting for Russia&#39;s attack and asking his fellow self-professed &#34;GME Apes&#34; for recognition, if not support, on social media.</p><p>In a series of Reddit posts, under username u/kvintos80 with the title &#34;I AM FROM UKRAINE. I STEEL LOVE GME,&#34; Gereskul is sharing thoughts and images he claims are from inside the siege while also asking Reddit moderators not to take down his posts, because while they aren&#39;t strictly about his investment in GameStop shares (as the rules of the subreddit require) he wants his online community to know that they are about what he sees as another important struggle.</p><p>&#34;Dear ape. I can. I can write again. GME FOREVE[R]&#34; Gereskul posted early Thursday &#34;Mode[rator] thanks for your patience, I do know my posts don&#39;t concern this group.&#34;</p><p>In a post on Wednesday, he wrote of an opportunity &#34;to bring to the world what is happening in the war in Ukraine.&#34; In an email exchange with Gereskul on Wednesday, he told MemeMoney that he expected an attack on Odessa imminently.</p><p>&#34;Alarm all the time. Busy days,&#34; he wrote. But a heightened sense of alarm is something Gereskul says he can cope with better, partially based on what he has learned from his experience in the meme-stock revolution.</p><p>&#34;I am the same person who, in the heat of the rush, came to the GME project and now firmly believes that fighting against the hedge funds and fighting the [Ukraine] war is the same thing,&#34; he posted Wednesday on Reddit.</p><p>Gereskul posted a screenshot of his GME average price over the course of his investment, a common practice in the community. The price was $191.40, indicating that he has been an investor between the $325-per-share highs of January 2021, and Wednesday&#39;s closing price of $122.14.</p><p>In Thursday&#39;s Reddit post, Gereskul compared a shorting tactic that many individual investors believe is commonly used by hedge funds with artillery shelling.</p><p>&#34;GME money is important,&#34; read Thursday&#39;s post. &#34;But when I look into I understand that system wants to devastate us. The system can use a ladder attack or real bombs on our heads. It is the same for them.&#34;</p><p><b>Support from the Apes</b></p><p>Gereskul&#39;s posts have been met with some support in the virtual realm.</p><p>&#34;We&#39;ve forged a family in these forums over the past 14 months, and if my blood relatives were in Ukraine right now, I&#39;d want to know how they were doing,&#34; replied u/Hub-Hikari on Wednesday. &#34;Stay strong. Stay safe.&#34;</p><p>Other GME investors joined the chorus of replies to Gereskul&#39;s posts, with many writing &#34;Slava Ukraine!,&#34; or &#34;Glory to Ukraine,&#34; as a rallying cry.</p><p>On Thursday, Gereskul also posted images of what he claimed was a residential building shelled by Russian troops.</p><p>&#34;They claim they don&#39;t bomb the civil place,&#34; he wrote. &#34;That is [meme] stock. That is hype. It&#39;s worth nothing.&#34;</p><p>&#34;Putin is a big hedgie,&#34; replied u/Antball.</p><p>Since Russia&#39;s invasion, numerous Reddit boards have broken out with discussions of how to buy Ukrainian war bonds, paying 11% interest, with some users urging one another to do so, despite reports of difficulties around how to buy the bonds.</p><p>&#34;Hell, I would open a account if this was the only way to buy,&#34; mused u/ACELUCKY23 on a WallStreetBets post discussing the bonds. &#34;I just want to invest my money in the resistance against the Russians.&#34;</p><p>Gereskul said he appreciates any support.</p><p>&#34;Thanks for your attention dear simple ape,&#34; he wrote Thursday. &#34;I am like you. I only want to be free.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","BK4076":"电脑与电子产品零售","BK4547":"WSB热门概念","BK4577":"网络游戏"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2216431316","content_text":"In Odessa, Ukrainians are girding for yet another fight in another major city as Russian warships and paratroopers threaten the southern, coastal region of Europe's second-largest nation, with citizens are laying sandbags to protect the art and culture of this key port city founded by Catherine the Great.For one citizen of Odessa, however, the sensation of being prepared to fight a large and powerful enemy doesn't feel new, because Oleksandr Gereskul has been battling his own enemies -- at least virtually -- for more than a year.You see, Oleksandr Gereskul is an investor in GameStop $(GME)$.According to multiple posts on subreddit r/GME in recent days and email communications with MemeMoney, the 48-year-old Gereskul says that he is holed up in his native Odessa, waiting for Russia's attack and asking his fellow self-professed \"GME Apes\" for recognition, if not support, on social media.In a series of Reddit posts, under username u/kvintos80 with the title \"I AM FROM UKRAINE. I STEEL LOVE GME,\" Gereskul is sharing thoughts and images he claims are from inside the siege while also asking Reddit moderators not to take down his posts, because while they aren't strictly about his investment in GameStop shares (as the rules of the subreddit require) he wants his online community to know that they are about what he sees as another important struggle.\"Dear ape. I can. I can write again. GME FOREVE[R]\" Gereskul posted early Thursday \"Mode[rator] thanks for your patience, I do know my posts don't concern this group.\"In a post on Wednesday, he wrote of an opportunity \"to bring to the world what is happening in the war in Ukraine.\" In an email exchange with Gereskul on Wednesday, he told MemeMoney that he expected an attack on Odessa imminently.\"Alarm all the time. Busy days,\" he wrote. But a heightened sense of alarm is something Gereskul says he can cope with better, partially based on what he has learned from his experience in the meme-stock revolution.\"I am the same person who, in the heat of the rush, came to the GME project and now firmly believes that fighting against the hedge funds and fighting the [Ukraine] war is the same thing,\" he posted Wednesday on Reddit.Gereskul posted a screenshot of his GME average price over the course of his investment, a common practice in the community. The price was $191.40, indicating that he has been an investor between the $325-per-share highs of January 2021, and Wednesday's closing price of $122.14.In Thursday's Reddit post, Gereskul compared a shorting tactic that many individual investors believe is commonly used by hedge funds with artillery shelling.\"GME money is important,\" read Thursday's post. \"But when I look into I understand that system wants to devastate us. The system can use a ladder attack or real bombs on our heads. It is the same for them.\"Support from the ApesGereskul's posts have been met with some support in the virtual realm.\"We've forged a family in these forums over the past 14 months, and if my blood relatives were in Ukraine right now, I'd want to know how they were doing,\" replied u/Hub-Hikari on Wednesday. \"Stay strong. Stay safe.\"Other GME investors joined the chorus of replies to Gereskul's posts, with many writing \"Slava Ukraine!,\" or \"Glory to Ukraine,\" as a rallying cry.On Thursday, Gereskul also posted images of what he claimed was a residential building shelled by Russian troops.\"They claim they don't bomb the civil place,\" he wrote. \"That is [meme] stock. That is hype. It's worth nothing.\"\"Putin is a big hedgie,\" replied u/Antball.Since Russia's invasion, numerous Reddit boards have broken out with discussions of how to buy Ukrainian war bonds, paying 11% interest, with some users urging one another to do so, despite reports of difficulties around how to buy the bonds.\"Hell, I would open a account if this was the only way to buy,\" mused u/ACELUCKY23 on a WallStreetBets post discussing the bonds. \"I just want to invest my money in the resistance against the Russians.\"Gereskul said he appreciates any support.\"Thanks for your attention dear simple ape,\" he wrote Thursday. \"I am like you. I only want to be free.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035649232,"gmtCreate":1647592456711,"gmtModify":1676534248540,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Diff to make decision on tesla.&nbsp;","listText":"Diff to make decision on tesla.&nbsp;","text":"Diff to make decision on tesla.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035649232","repostId":"1141156768","repostType":4,"repost":{"id":"1141156768","pubTimestamp":1647581958,"share":"https://ttm.financial/m/news/1141156768?lang=&edition=fundamental","pubTime":"2022-03-18 13:39","market":"us","language":"en","title":"EV Stock Valuations Make No Sense. Time to Recalibrate.","url":"https://stock-news.laohu8.com/highlight/detail?id=1141156768","media":"Barron's","summary":"Wild trading, due to a plethora of issues, has made it nearly impossible to track the valuations of electric-vehicle stocks like Tesla and Rivian. Recent ups and downs have shaken up the sector and th","content":"<html><head></head><body><p>Wild trading, due to a plethora of issues, has made it nearly impossible to track the valuations of electric-vehicle stocks like Tesla and Rivian. Recent ups and downs have shaken up the sector and the rankings of the most valuable, and the most highly valued, EV names.</p><p>Take Wednesday. EV stocks are rising dramatically, by widely varying amounts. Tesla (ticker: TSLA) stock is up 4.3%. A nice gain, but Rivian Automotive (RIVN) stock is up 11.1%. And American depositary receipts of Chinese EV maker XPeng (XPEV) are up more than 26%.</p><p>Two big things are driving EV stocks today. First, it’s a risk-on day for the market. The S&amp;P 500 and Dow Jones Industrial Average are up 1.7% and 1.2%, respectively.</p><p>Next, the Chinese government recently expressed a new desire to further support its domestic economy. That helped investors forget about some of their fears about the potential delistings of Chinese companies from U.S. exchanges, and focus more about improving demand in the world’s largest market for new cars and new EVs.</p><p>That factor helps Chinese EV shares the most. NIO (NIO) ADRs are up about 21%. Li Auto (LI) ADRs have gained more than 27% in Wednesday trading, roughly matching XPeng’s gains. But it’s also fair to attribute some of the Tesla gain to the Chinese news, too, as Tesla sells cars in that country.</p><p>What’s more, it’s also probably fair to attribute some of Rivian’s gain to the Chinese news. Rivian doesn’t sell cars in China, but all the EV players are linked, to some extent, by relative valuations. One EV stock going up can drive another EV stock up. The market always has an element of circular logic to it.</p><p>Through all the price changes, Tesla remains the most-valuable EV maker by a factor of almost 10. Second is BYD (1211.Hong Kong), which has a market value of about $93 billion. Those two are the only two EV makers that produce consistent profits.</p><p>The next most-valuable names, in order of descending market capitalization, are: Lucid (LCID); Polestar, which is merging with the SPAC Gores Guggenheim (GGPE); Rivian; NIO; Li Auto; and XPeng. Lucid’s market cap is about $39 billion. XPeng’s is about $23 billion.</p><p>At the beginning of 2022, Rivian was in third place, Lucid was fourth, and the Chinese EV names were all worth more than Polestar. The changing ranking can’t really be explained by EV valuation. Valuations, frankly, are all over the place.</p><p>Tesla, the bellwether, trades for about 10 times estimated sales. BYD, Lucid, Polestar, Rivian, NIO, Li, and XPeng trade for 3 times, 27 times, 11 times, 19 times, 5 times, 3 times, and 7 times, respectively. There isn’t an easy way to divine a pattern in any those multiples. Investors can’t correlate long-term-growth rates or near-term-profit expectations with the numbers.</p><p>Instead, EV stocks have been tossed on a sea of issues. China and the overall stock market are driving Wednesday trading. But EV stocks have also been impacted by rising interest rates, inflation, and parts shortages. In addition, a spike in gas prices, caused in part by Russia’s invasion of Ukraine, have fueled more interest in EVs and EV stocks.</p><p>Most of the 2022 developments have been negative. The EV stocks Barron’s tracks are down about 37% year to date on average.</p><p>Another small negative impacting the sector in 2022 is changing EV incentives. EV purchase incentives fell, a little, in China beginning in 2022. And U.S. EV buyers are still waiting for President Joe Biden to pass some of his incentives from the Build Back Better infrastructure bill that didn’t make it through Congress.</p><p>There is a lot going on in the EV space. Investors have to digest it all and come up with what EV stocks are worth. Investors could probably use a couple of weeks of calm trading to reset their expectations about absolute and relative valuations for all the players.</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>EV Stock Valuations Make No Sense. Time to Recalibrate.</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\">\nEV Stock Valuations Make No Sense. Time to Recalibrate.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-18 13:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-ev-51647452629?mod=hp_DAY_Theme_1_3><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wild trading, due to a plethora of issues, has made it nearly impossible to track the valuations of electric-vehicle stocks like Tesla and Rivian. Recent ups and downs have shaken up the sector and ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-ev-51647452629?mod=hp_DAY_Theme_1_3\">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","NIO":"蔚来","RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.barrons.com/articles/tesla-stock-ev-51647452629?mod=hp_DAY_Theme_1_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141156768","content_text":"Wild trading, due to a plethora of issues, has made it nearly impossible to track the valuations of electric-vehicle stocks like Tesla and Rivian. Recent ups and downs have shaken up the sector and the rankings of the most valuable, and the most highly valued, EV names.Take Wednesday. EV stocks are rising dramatically, by widely varying amounts. Tesla (ticker: TSLA) stock is up 4.3%. A nice gain, but Rivian Automotive (RIVN) stock is up 11.1%. And American depositary receipts of Chinese EV maker XPeng (XPEV) are up more than 26%.Two big things are driving EV stocks today. First, it’s a risk-on day for the market. The S&P 500 and Dow Jones Industrial Average are up 1.7% and 1.2%, respectively.Next, the Chinese government recently expressed a new desire to further support its domestic economy. That helped investors forget about some of their fears about the potential delistings of Chinese companies from U.S. exchanges, and focus more about improving demand in the world’s largest market for new cars and new EVs.That factor helps Chinese EV shares the most. NIO (NIO) ADRs are up about 21%. Li Auto (LI) ADRs have gained more than 27% in Wednesday trading, roughly matching XPeng’s gains. But it’s also fair to attribute some of the Tesla gain to the Chinese news, too, as Tesla sells cars in that country.What’s more, it’s also probably fair to attribute some of Rivian’s gain to the Chinese news. Rivian doesn’t sell cars in China, but all the EV players are linked, to some extent, by relative valuations. One EV stock going up can drive another EV stock up. The market always has an element of circular logic to it.Through all the price changes, Tesla remains the most-valuable EV maker by a factor of almost 10. Second is BYD (1211.Hong Kong), which has a market value of about $93 billion. Those two are the only two EV makers that produce consistent profits.The next most-valuable names, in order of descending market capitalization, are: Lucid (LCID); Polestar, which is merging with the SPAC Gores Guggenheim (GGPE); Rivian; NIO; Li Auto; and XPeng. Lucid’s market cap is about $39 billion. XPeng’s is about $23 billion.At the beginning of 2022, Rivian was in third place, Lucid was fourth, and the Chinese EV names were all worth more than Polestar. The changing ranking can’t really be explained by EV valuation. Valuations, frankly, are all over the place.Tesla, the bellwether, trades for about 10 times estimated sales. BYD, Lucid, Polestar, Rivian, NIO, Li, and XPeng trade for 3 times, 27 times, 11 times, 19 times, 5 times, 3 times, and 7 times, respectively. There isn’t an easy way to divine a pattern in any those multiples. Investors can’t correlate long-term-growth rates or near-term-profit expectations with the numbers.Instead, EV stocks have been tossed on a sea of issues. China and the overall stock market are driving Wednesday trading. But EV stocks have also been impacted by rising interest rates, inflation, and parts shortages. In addition, a spike in gas prices, caused in part by Russia’s invasion of Ukraine, have fueled more interest in EVs and EV stocks.Most of the 2022 developments have been negative. The EV stocks Barron’s tracks are down about 37% year to date on average.Another small negative impacting the sector in 2022 is changing EV incentives. EV purchase incentives fell, a little, in China beginning in 2022. And U.S. EV buyers are still waiting for President Joe Biden to pass some of his incentives from the Build Back Better infrastructure bill that didn’t make it through Congress.There is a lot going on in the EV space. Investors have to digest it all and come up with what EV stocks are worth. Investors could probably use a couple of weeks of calm trading to reset their expectations about absolute and relative valuations for all the players.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030288508,"gmtCreate":1645743800209,"gmtModify":1676534058694,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Hope peace once again return&nbsp;","listText":"Hope peace once again return&nbsp;","text":"Hope peace once again return","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030288508","repostId":"2213392595","repostType":4,"repost":{"id":"2213392595","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":1645715939,"share":"https://ttm.financial/m/news/2213392595?lang=&edition=fundamental","pubTime":"2022-02-24 23:18","market":"us","language":"en","title":"Russia ETF Plunged Toward Biggest 1-Day Selloff Since The Financial Crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=2213392595","media":"Dow Jones","summary":"The VanEck Russia ETF $(RSX)$ plunged 20% in morning trading to a 23-month low, with all components ","content":"<html><head></head><body><p>The VanEck Russia ETF <a href=\"https://laohu8.com/S/RSX\">$(RSX)$</a> plunged 20% in morning trading to a 23-month low, with all components tumbling, as Russia&#39;s attack on Ukraine and fears of sanctions prompted investors to flee the fund.</p><p><img src=\"https://static.tigerbbs.com/f30ccc748b76785f7acbceb0eb082773\" tg-width=\"847\" tg-height=\"641\" referrerpolicy=\"no-referrer\"/>The ETF was on track to suffer its second-biggest percentage decline since it started trading in 2007, behind only the 22.3% drop suffered on Nov. 12, 2008 in the midst of the 2008-09 financial crisis. The third-biggest decline was 17.3% on March 9, 2020 amid the COVID-19 crisis, while the next three biggest declines were all during the financial crisis.</p><p>Among the ETF&#39;s U.S.-listed components, shares of search engine <a href=\"https://laohu8.com/S/YNDX\">Yandex</a> plummeted 56.5%, ecommerce portal <a href=\"https://laohu8.com/S/OZON\">Ozon Holdings PLC</a> tumbled 42.3%, and wireless communications Mobile TeleSystems PJSC (MTSS.MZ) shed 7.8%. Elsewhere, the over-the-counter listed shares of energy company Gazprom PJSC (GAZP.RS) dropped 33.6% and of commercial banker Sberbank Rossia (SBER.MZ) plunged 70.9%.</p><p></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>Russia ETF Plunged Toward Biggest 1-Day Selloff Since The Financial Crisis</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\">\nRussia ETF Plunged Toward Biggest 1-Day Selloff Since The Financial Crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-02-24 23:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The VanEck Russia ETF <a href=\"https://laohu8.com/S/RSX\">$(RSX)$</a> plunged 20% in morning trading to a 23-month low, with all components tumbling, as Russia&#39;s attack on Ukraine and fears of sanctions prompted investors to flee the fund.</p><p><img src=\"https://static.tigerbbs.com/f30ccc748b76785f7acbceb0eb082773\" tg-width=\"847\" tg-height=\"641\" referrerpolicy=\"no-referrer\"/>The ETF was on track to suffer its second-biggest percentage decline since it started trading in 2007, behind only the 22.3% drop suffered on Nov. 12, 2008 in the midst of the 2008-09 financial crisis. The third-biggest decline was 17.3% on March 9, 2020 amid the COVID-19 crisis, while the next three biggest declines were all during the financial crisis.</p><p>Among the ETF&#39;s U.S.-listed components, shares of search engine <a href=\"https://laohu8.com/S/YNDX\">Yandex</a> plummeted 56.5%, ecommerce portal <a href=\"https://laohu8.com/S/OZON\">Ozon Holdings PLC</a> tumbled 42.3%, and wireless communications Mobile TeleSystems PJSC (MTSS.MZ) shed 7.8%. Elsewhere, the over-the-counter listed shares of energy company Gazprom PJSC (GAZP.RS) dropped 33.6% and of commercial banker Sberbank Rossia (SBER.MZ) plunged 70.9%.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MBT":"移动电信","RSX":"俄罗斯ETF-Market Vectors","VEON":"VEON Ltd","OZON":"Ozon Holdings PLC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2213392595","content_text":"The VanEck Russia ETF $(RSX)$ plunged 20% in morning trading to a 23-month low, with all components tumbling, as Russia's attack on Ukraine and fears of sanctions prompted investors to flee the fund.The ETF was on track to suffer its second-biggest percentage decline since it started trading in 2007, behind only the 22.3% drop suffered on Nov. 12, 2008 in the midst of the 2008-09 financial crisis. The third-biggest decline was 17.3% on March 9, 2020 amid the COVID-19 crisis, while the next three biggest declines were all during the financial crisis.Among the ETF's U.S.-listed components, shares of search engine Yandex plummeted 56.5%, ecommerce portal Ozon Holdings PLC tumbled 42.3%, and wireless communications Mobile TeleSystems PJSC (MTSS.MZ) shed 7.8%. Elsewhere, the over-the-counter listed shares of energy company Gazprom PJSC (GAZP.RS) dropped 33.6% and of commercial banker Sberbank Rossia (SBER.MZ) plunged 70.9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9082895647,"gmtCreate":1650548349149,"gmtModify":1676534748964,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Complete bersek and some projection at 4000??","listText":"Complete bersek and some projection at 4000??","text":"Complete bersek and some projection at 4000??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9082895647","repostId":"1115172575","repostType":4,"repost":{"id":"1115172575","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":1650548084,"share":"https://ttm.financial/m/news/1115172575?lang=&edition=fundamental","pubTime":"2022-04-21 21:34","market":"us","language":"en","title":"Tesla Surged Over 10% in Morning Trading After Posting Record Profit","url":"https://stock-news.laohu8.com/highlight/detail?id=1115172575","media":"Tiger Newspress","summary":"Tesla surged over 10% in morning trading after posting record profit.The company reported production of 305,407 vehicles and deliveries of 310,048 vehicles in the first quarter, up 69% and 68% year-over-year, respectively.  ","content":"<html><head></head><body><p>Tesla surged over 10% in morning trading after posting record profit.<img src=\"https://static.tigerbbs.com/856cc8ec63a9e7fbb8b57f407afe3213\" tg-width=\"770\" tg-height=\"573\" width=\"100%\" height=\"auto\"/>The company reported production of 305,407 vehicles and deliveries of 310,048 vehicles in the first quarter, up 69% and 68% year-over-year, respectively. </p><p> </p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Surged Over 10% in Morning Trading After Posting Record Profit</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 Surged Over 10% in Morning Trading After Posting Record Profit\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\">2022-04-21 21:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Tesla surged over 10% in morning trading after posting record profit.<img src=\"https://static.tigerbbs.com/856cc8ec63a9e7fbb8b57f407afe3213\" tg-width=\"770\" tg-height=\"573\" width=\"100%\" height=\"auto\"/>The company reported production of 305,407 vehicles and deliveries of 310,048 vehicles in the first quarter, up 69% and 68% year-over-year, respectively. </p><p> </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":"1115172575","content_text":"Tesla surged over 10% in morning trading after posting record profit.The company reported production of 305,407 vehicles and deliveries of 310,048 vehicles in the first quarter, up 69% and 68% year-over-year, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":465,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9044813530,"gmtCreate":1656729607821,"gmtModify":1676535885606,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/OXY\">$Occidental(OXY)$</a>&nbsp;looking for suitable entry?","listText":"<a href=\"https://ttm.financial/S/OXY\">$Occidental(OXY)$</a>&nbsp;looking for suitable entry?","text":"$Occidental(OXY)$ looking for suitable entry?","images":[{"img":"https://community-static.tradeup.com/news/657d0c54cb01aa9f28888f87b1973f5e","width":"1080","height":"3273"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9044813530","isVote":1,"tweetType":1,"viewCount":718,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9010209326,"gmtCreate":1648377108047,"gmtModify":1676534332454,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I am eagerly anticipating.&nbsp;","listText":"I am eagerly anticipating.&nbsp;","text":"I am eagerly anticipating.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9010209326","repostId":"1155138099","repostType":4,"repost":{"id":"1155138099","pubTimestamp":1648342031,"share":"https://ttm.financial/m/news/1155138099?lang=&edition=fundamental","pubTime":"2022-03-27 08:47","market":"us","language":"en","title":"Apple: Plan For iPhone Subscriptions Could Be Massive - Here's Why","url":"https://stock-news.laohu8.com/highlight/detail?id=1155138099","media":"seekingalpha","summary":"Bloomberg reported that Apple is considering a hardware subscription strategy for its devices.We dis","content":"<html><head></head><body><ul><li>Bloomberg reported that Apple is considering a hardware subscription strategy for its devices.</li><li>We discuss why it could help Apple penetrate more effectively into Android&#39;s traditional strongholds and take share.</li><li>We also discuss why AAPL stock is a Buy.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/acc9714ab5a74941eaf8758b8b77e3a3\" tg-width=\"750\" tg-height=\"500\" width=\"100%\" height=\"auto\"/><span>PhillDanze/iStock Editorial via Getty Images</span></p><p></p><h2>Investment Thesis</h2><p>Apple Inc. (NASDAQ:AAPL) was reported to be considering a hardware subscription service for its suite of products. So naturally, the attention is on its flagship iPhone segment. Nevertheless, nothing has been confirmed, and plans could continue to be developed or even stalled.</p><p>However, we believe it could mark a significant pivot in Apple&#39;s strategy to reach further into Android&#39;s (GOOGL) (GOOG) installed base. Apple&#39;s 5G launches starting with iPhone 12, have seen tremendous success in the US and China. Furthermore, iPhone 13 has continued its massive momentum. Recent supply chain checks also revealed that it&#39;s trending ahead of estimates, despite the transitory shutdown by its key contract manufacturer Foxconn (OTCPK:HNHAF).</p><p>We discuss why hardware/iPhone subscriptions could be a massive game-changer. We also maintain our Buy rating on AAPL stock. But, we noted a robust recovery from its March bottom, and its price action doesn&#39;t seem ideal to add exposure.</p><p>Therefore, if you are not in a rush, you can consider waiting for the recent spike to be digested first before adding.</p><p><b>AAPL Stock Key Metrics</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/612265ffa4b9faeeddd47fdd0766fca4\" tg-width=\"640\" tg-height=\"384\" width=\"100%\" height=\"auto\"/><span>AAPL stock NTM EBIT valuation (TIKR)</span></p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee1dbf8a24918fcadf0b82caff8e4270\" tg-width=\"640\" tg-height=\"384\" width=\"100%\" height=\"auto\"/><span>AAPL stock consensus price targets Vs. stock performance (TIKR)</span></p><p></p><p>AAPL stock&#39;s NTM EBIT multiple of 22.9x is trading ahead of its 3Y NTM EBIT mean of 20.2x. So, AAPL stock has moved away from the 20x multiple that has supported its stock over the past year.</p><p>Furthermore, the stock has also progressed well ahead of its most conservative price targets ((PTs)) as seen above. Its most conservative PTs have been robust support levels for AAPL stock over time. Therefore, we think the current buy zone is not ideal if you are looking to add exposure. But, if you are not concerned with near-term volatility, its stock is still not significantly overvalued.</p><p>Furthermore, we believe that Apple holds several optionalities that could spur the Street to re-rate its stock. These include its Apple Car project, its burgeoning services segment, and its rapidly growing ad business.</p><h2>Why Apple&#39;s iPhone Subscriptions Could Be A Game-Changer</h2><p>Bloomberg reported that Apple is mulling a subscription service for its hardware, including its iconic iPhone. Therefore, subscribers would only need to pay a monthly fee. Apple would manage the program through a subscriber&#39;s Apple account, similar to how they have subscribed to other Apple services.</p><p>Notably, it&#39;s different from its current installment programs. Bloomberg noted (edited): &#34;The monthly charge wouldn&#39;t be the price of the device split across 12 or 24 months. Rather, it would be a yet-to-be-determined monthly fee that depends on which device the user chooses.&#34;</p><p>We believe that this could be a noteworthy development in Apple&#39;s services strategy. Apple has been moving ahead with monetizing its massive hardware active installed base that has exceeded 1.65B. Of these, it reported that 785M have signed up as subscribers for its suite of services in FQ1&#39;22 (CQ4&#39;21).</p><p>Apple&#39;s premium smartphone leadership has undoubtedly helped it extend its lead in its segment. For example, Counterpoint Research pointed out that Apple has continued to expand its premium segment market share in China. It accentuated thatApple captured 63.5% in the premium segment share in 2021, compared to 55.4% in 2020. Therefore, Apple has capitalized on Huawei&#39;s demise with incredible &#34;ruthlessness,&#34; despite the best efforts from its Chinese smartphone rivals.</p><p>However, according to StatCounter, Android remains the most important mobile OS globally, with adevice share of 71%. Therefore, it&#39;s clear that most users are still equipped with much cheaper Android phones, and Apple has yet to penetrate this segment.</p><p>While the $429 iPhone SE 5G holds promise, the Street has projected just about 30M units this year. Furthermore, DIGITIMES also reported thatApple shipped about 25M to 30M unitsof its previous iPhone SE in 2020 in its first year of release. Moreover, Counterpoint Research also highlighted that it accounted for about &#34;12% of Apple&#39;s total iPhone unit salesfrom its launch in Q2 2020 to Q4 2021 - with Japan and US the biggest markets for the device globally.&#34;</p><p>Therefore, if Apple wants to make its mark in the low to mid-segment and gain share against Android, a subscription service makes tremendous sense. China&#39;s 5G smartphone penetration rate has already reached about 80%. But, the opportunities in the rest of Asia and Europe could offer Apple tremendous potential. Notably, Apple needs to make its iPhone more affordable without impinging on its treasured margins. Bloomberg&#39;s Mark Gurman even suggested that Apple launch a $199 iPhone SE 5G to penetrate the low to mid-tier segment more effectively before its Peek Performance event in March. He emphasized (edited):</p><blockquote><i>A device priced at $200 could make inroads in regions like Africa, South America, and parts of Asia that are currently Android strongholds</i>.</blockquote><blockquote>That would let Apple<i>sign up more customers for services</i>, potentially making a low-end iPhone quite lucrative for Apple in the long run. But so far, the company has steered well clear of that approach.</blockquote><blockquote>In 2013, when carrier subsidies began to disappear and demand for a lower-cost iPhone grew, Apple executives said they wouldn&#39;t release a cheap model just to blindly chase market share. It did put out the lower-end SE in 2016, but the phone was $399-well above the level of many Androids-and the price never came down over the following five years.<i>The company has stuck by Steve Jobs&#39; &#39;don&#39;t ship junk&#39; ethos.</i>-Bloomberg</blockquote><p>Furthermore, the 5G upgrade cycle is still in its early stages and gaining rapid adoption. Counterpoint Research also highlighted in a recent note thatglobal 5G smartphone penetrationsurpassed 4G for the first time in January 2022.</p><p>Therefore, there&#39;s a considerable opportunity for Apple to leverage this 5G wave to encourage switchers from Android to iOS. Hence, we believe a hardware subscription strategy could be massive for the Cupertino company to spur the adoption of its 5G devices.</p><p>We believe that Apple can continue innovating and introducing effective ideas to capture the segment Android has traditionally dominated without necessarily sacrificing its brand value and margins.</p><h2>Is AAPL Stock A Buy, Sell, Or Hold?</h2><p>AAPL stock is slightly overvalued, but not by much. Therefore, if you need a higher margin of safety, you can consider taking a 10-15% haircut.</p><p>Otherwise, if you have a firm conviction of Apple&#39;s execution ability, the current price could offer a suitable opportunity to increase exposure.</p><p>Furthermore, we think Apple has several optionalities that have not been factored into its stock price. And the potential hardware subscription strategy adds to its growing list of monetization potential.</p><p>As such, we reiterate our Buy rating on AAPL stock.</p></body></html>","source":"lsy1638401102509","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>Apple: Plan For iPhone Subscriptions Could Be Massive - Here's Why</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\">\nApple: Plan For iPhone Subscriptions Could Be Massive - Here's Why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-27 08:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4497874-apple-iphone-subscriptions-could-be-massive><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bloomberg reported that Apple is considering a hardware subscription strategy for its devices.We discuss why it could help Apple penetrate more effectively into Android's traditional strongholds and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4497874-apple-iphone-subscriptions-could-be-massive\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4497874-apple-iphone-subscriptions-could-be-massive","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155138099","content_text":"Bloomberg reported that Apple is considering a hardware subscription strategy for its devices.We discuss why it could help Apple penetrate more effectively into Android's traditional strongholds and take share.We also discuss why AAPL stock is a Buy.PhillDanze/iStock Editorial via Getty ImagesInvestment ThesisApple Inc. (NASDAQ:AAPL) was reported to be considering a hardware subscription service for its suite of products. So naturally, the attention is on its flagship iPhone segment. Nevertheless, nothing has been confirmed, and plans could continue to be developed or even stalled.However, we believe it could mark a significant pivot in Apple's strategy to reach further into Android's (GOOGL) (GOOG) installed base. Apple's 5G launches starting with iPhone 12, have seen tremendous success in the US and China. Furthermore, iPhone 13 has continued its massive momentum. Recent supply chain checks also revealed that it's trending ahead of estimates, despite the transitory shutdown by its key contract manufacturer Foxconn (OTCPK:HNHAF).We discuss why hardware/iPhone subscriptions could be a massive game-changer. We also maintain our Buy rating on AAPL stock. But, we noted a robust recovery from its March bottom, and its price action doesn't seem ideal to add exposure.Therefore, if you are not in a rush, you can consider waiting for the recent spike to be digested first before adding.AAPL Stock Key MetricsAAPL stock NTM EBIT valuation (TIKR)AAPL stock consensus price targets Vs. stock performance (TIKR)AAPL stock's NTM EBIT multiple of 22.9x is trading ahead of its 3Y NTM EBIT mean of 20.2x. So, AAPL stock has moved away from the 20x multiple that has supported its stock over the past year.Furthermore, the stock has also progressed well ahead of its most conservative price targets ((PTs)) as seen above. Its most conservative PTs have been robust support levels for AAPL stock over time. Therefore, we think the current buy zone is not ideal if you are looking to add exposure. But, if you are not concerned with near-term volatility, its stock is still not significantly overvalued.Furthermore, we believe that Apple holds several optionalities that could spur the Street to re-rate its stock. These include its Apple Car project, its burgeoning services segment, and its rapidly growing ad business.Why Apple's iPhone Subscriptions Could Be A Game-ChangerBloomberg reported that Apple is mulling a subscription service for its hardware, including its iconic iPhone. Therefore, subscribers would only need to pay a monthly fee. Apple would manage the program through a subscriber's Apple account, similar to how they have subscribed to other Apple services.Notably, it's different from its current installment programs. Bloomberg noted (edited): \"The monthly charge wouldn't be the price of the device split across 12 or 24 months. Rather, it would be a yet-to-be-determined monthly fee that depends on which device the user chooses.\"We believe that this could be a noteworthy development in Apple's services strategy. Apple has been moving ahead with monetizing its massive hardware active installed base that has exceeded 1.65B. Of these, it reported that 785M have signed up as subscribers for its suite of services in FQ1'22 (CQ4'21).Apple's premium smartphone leadership has undoubtedly helped it extend its lead in its segment. For example, Counterpoint Research pointed out that Apple has continued to expand its premium segment market share in China. It accentuated thatApple captured 63.5% in the premium segment share in 2021, compared to 55.4% in 2020. Therefore, Apple has capitalized on Huawei's demise with incredible \"ruthlessness,\" despite the best efforts from its Chinese smartphone rivals.However, according to StatCounter, Android remains the most important mobile OS globally, with adevice share of 71%. Therefore, it's clear that most users are still equipped with much cheaper Android phones, and Apple has yet to penetrate this segment.While the $429 iPhone SE 5G holds promise, the Street has projected just about 30M units this year. Furthermore, DIGITIMES also reported thatApple shipped about 25M to 30M unitsof its previous iPhone SE in 2020 in its first year of release. Moreover, Counterpoint Research also highlighted that it accounted for about \"12% of Apple's total iPhone unit salesfrom its launch in Q2 2020 to Q4 2021 - with Japan and US the biggest markets for the device globally.\"Therefore, if Apple wants to make its mark in the low to mid-segment and gain share against Android, a subscription service makes tremendous sense. China's 5G smartphone penetration rate has already reached about 80%. But, the opportunities in the rest of Asia and Europe could offer Apple tremendous potential. Notably, Apple needs to make its iPhone more affordable without impinging on its treasured margins. Bloomberg's Mark Gurman even suggested that Apple launch a $199 iPhone SE 5G to penetrate the low to mid-tier segment more effectively before its Peek Performance event in March. He emphasized (edited):A device priced at $200 could make inroads in regions like Africa, South America, and parts of Asia that are currently Android strongholds.That would let Applesign up more customers for services, potentially making a low-end iPhone quite lucrative for Apple in the long run. But so far, the company has steered well clear of that approach.In 2013, when carrier subsidies began to disappear and demand for a lower-cost iPhone grew, Apple executives said they wouldn't release a cheap model just to blindly chase market share. It did put out the lower-end SE in 2016, but the phone was $399-well above the level of many Androids-and the price never came down over the following five years.The company has stuck by Steve Jobs' 'don't ship junk' ethos.-BloombergFurthermore, the 5G upgrade cycle is still in its early stages and gaining rapid adoption. Counterpoint Research also highlighted in a recent note thatglobal 5G smartphone penetrationsurpassed 4G for the first time in January 2022.Therefore, there's a considerable opportunity for Apple to leverage this 5G wave to encourage switchers from Android to iOS. Hence, we believe a hardware subscription strategy could be massive for the Cupertino company to spur the adoption of its 5G devices.We believe that Apple can continue innovating and introducing effective ideas to capture the segment Android has traditionally dominated without necessarily sacrificing its brand value and margins.Is AAPL Stock A Buy, Sell, Or Hold?AAPL stock is slightly overvalued, but not by much. Therefore, if you need a higher margin of safety, you can consider taking a 10-15% haircut.Otherwise, if you have a firm conviction of Apple's execution ability, the current price could offer a suitable opportunity to increase exposure.Furthermore, we think Apple has several optionalities that have not been factored into its stock price. And the potential hardware subscription strategy adds to its growing list of monetization potential.As such, we reiterate our Buy rating on AAPL stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":352,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9034924847,"gmtCreate":1647765195983,"gmtModify":1676534264416,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I hv missed the levels...&nbsp;","listText":"I hv missed the levels...&nbsp;","text":"I hv missed the levels...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9034924847","repostId":"2220777059","repostType":4,"repost":{"id":"2220777059","pubTimestamp":1647653153,"share":"https://ttm.financial/m/news/2220777059?lang=&edition=fundamental","pubTime":"2022-03-19 09:25","market":"us","language":"en","title":"Sea Limited: The Three-Headed Monster","url":"https://stock-news.laohu8.com/highlight/detail?id=2220777059","media":"seekingalpha","summary":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but B","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Garena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.</li><li>In addition, Shopee&#39;s losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.</li><li>SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea&#39;s second cash cow.</li><li>With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion.</li><li>Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51b3290f2015840c5d8f754c01de8a85\" tg-width=\"750\" tg-height=\"422\" referrerpolicy=\"no-referrer\"/><span>undefined undefined/iStock via Getty Images</span></p><p>I&#39;ve been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I&#39;m doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let&#39;s get started!</p><p><b>Investment Thesis</b></p><p>Sea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company&#39;s slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee&#39;s losses are also getting worse.</p><p>The Group&#39;s cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.</p><p>On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea&#39;s second cash cow.</p><p>Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.</p><p>The three-headed monster is a Buy at these levels.</p><p><b>Value Proposition</b></p><p>Founded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.</p><blockquote><b>Mission</b>: To better the lives of consumers and small businesses with technology.</blockquote><p>Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea&#39;s main value proposition is providing a vertically-integrated experience through its different core businesses.</p><p><b>Garena</b></p><p>Its digital entertainment division, Garena, was Sea&#39;s first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.</p><p>Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena&#39;s Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor <a href=\"https://laohu8.com/S/TWR.AU\">Tower</a>&#39;s findings, Free Fire still holds the most downloads globally as of January 2022.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa392753c19f14d60ee0d992e58c3d2f\" tg-width=\"1280\" tg-height=\"741\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>Garena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.</p><p>In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.</p><p><b>Shopee</b></p><p>Perhaps the most exciting business segment is Sea&#39;s mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6649de846b2942b928a3f3e5d4035003\" tg-width=\"640\" tg-height=\"200\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee</span></p><p>Through the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee&#39;s two premium shopping platforms, Shopee Mall and Shopee Premium.</p><p>Along with Shopee&#39;s e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:</p><ul><li><b>Service by Shopee</b> - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.</li><li><b>BuyerProtection</b> - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers&#39; funds in a separate account until delivery is complete, where funds will be released to buyers.</li><li><b>Integrated Logistics Services</b>- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.</li><li><b>Social Features</b> - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).</li><li><b>On-demand Services</b>- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).</li></ul><p>Shopee&#39;s scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee&#39;s most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3f9c550b140720336e00cc78e954d184\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p><b>SeaMoney</b></p><p>SeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea&#39;s operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney&#39;s various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.</p><p>Through SeaMoney&#39;s mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a &#34;buy now pay later&#34; payment option, enables consumers to purchase items without accessing credit. For those who are interested, I&#39;ve written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.</p><p>SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c85c862195f86fe9d4f0f8c8beced6b\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SeaBank Website</span></p><p>SeaMoney&#39;s main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea&#39;s other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.</p><p><b>Market Opportunity</b></p><p>Sea&#39;s market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let&#39;s take a look at each industry that Sea operates in.</p><p>First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f72bda6df6bc2b7bdf8756d218f53185\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: SensorTower</span></p><p>According to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021&#39;s total figure. Given Garena&#39;s successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity&#39;s findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.</p><p>Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.</p><p>Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee&#39;s vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fcb903aed7c0ec901fc83c4f25f18b8\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.</p><p>Lastly, we have the fintech industry pertaining to SeaMoney. In my <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea&#39;s markets.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47ec896a6208b6023ae89f654704bbc7\" tg-width=\"1261\" tg-height=\"706\" referrerpolicy=\"no-referrer\"/><span>Source: Ark Invest Big Ideas 2022</span></p><p>As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney&#39;s other brands will benefit from this trend. Also of important note, SeaMoney&#39;s expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0eb814b800c3121e3fb8cd0913f239d5\" tg-width=\"640\" tg-height=\"361\" referrerpolicy=\"no-referrer\"/><span>Source: e-Conomy SEA 2021</span></p><p>As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.</p><p><b>Revenue Model</b></p><p>As mentioned previously, Sea operates three main business segments.</p><p><b>Digital Entertainment</b></p><p>Garena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.</p><p>Investors should take note of how revenue is recognized for this segment. According to Sea&#39;s 10-K:</p><blockquote>Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.</blockquote><p>Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.</p><blockquote>Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.</blockquote><p><b>E-commerce</b></p><p>Shopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.</p><p>Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.</p><p><b>Digital Financial Services</b></p><p>SeaMoney revenue consists of:</p><ul><li>Interest and fees from loans granted to commercial customers</li><li>Interest and fees from Sea&#39;s consumer credit business such as SPayLater</li><li>Commissions charged to merchants when a customer pays using SeaMoney&#39;s mobile wallet</li></ul><p><b>Income Statement</b></p><p>Let&#39;s analyze each of the business segments and then look at the entire Group as a whole.</p><p><b>Digital Entertainment</b></p><p>Garena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/998dfbcf3f3dba11b8f8722710c36ba4\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e06de5e6066b66cd5596a445cd912c98\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3&#39;s QAUs of 729 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c5bdd570a9eb859a9fef8569c9fad10a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3&#39;s 93 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/092c4a2f47b9336f2753b4548707b39f\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea&#39;s two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f28c9f35ee55afb5c7d170a80d26ebf2\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.</p><p><b>E-Commerce</b></p><p>Shopee GMV continues its upward march as e-commerce continues to gain traction in Shopee&#39;s existing and newer markets. However, we&#39;re also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f657f7cacc9e00bc57df0e913fdb9ae\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>GMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fbc7f044de03ec379f262a5bfcdf331\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/27710dc2140a6d139900819f51bd688a\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The faster growth in Revenue was due to Shopee&#39;s increasing take rate, which displays Shopee&#39;s ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e4267bc5d33a2153e8624f73ed71540\" tg-width=\"640\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Despite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9d27cef61bc9a9058233f7eccc5eaa1\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c0d6aa930a81ea4fc153b7134dbf9d3\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>On the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before &#34;allocation of the headquarters’ common expenses&#34; was $(0.15), an improvement from last year&#39;s $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:</p><blockquote>We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.</blockquote><p><b>Digital Financial Services</b></p><p>SeaMoney&#39;s Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fa5ef6efa513d9040963fda42b4b9f2\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9397aec066366f40ec92c24187347a44\" tg-width=\"640\" tg-height=\"432\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dcaf6046cf3c27e00b233a8428eb2d75\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Furthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.</p><p>As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney&#39;s AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51f0d5a1800fef748694417e8cb8fc9f\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>This is the segment that investors should pay special attention to, given that it has the potential to be Sea&#39;s second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney&#39;s long-term margin profile.</p><p><b>Group</b></p><p>With that said, let&#39;s take a look at how the business is doing as a whole.</p><p>FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/38de60bd773f3ef7afc4b2e28aa1c08f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Here, we can see how Revenue is distributed across the different segments.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a86e59478db8a3a4fdc85897f24410e9\" tg-width=\"640\" tg-height=\"428\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>What&#39;s encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee&#39;s aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd978ba4047cc6e20ac6086ba8420a8f\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Operating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fbdbde2c2ae744f36f8168ed32f94d62\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Most of the Operating Expenses were used for Sales &amp; Marketing purposes. Unsurprisingly, Shopee had the highest S&amp;M burn rate. Discounts, cashback, celebrity promotions... they&#39;re everywhere.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5253f186120da17c4cd901e5c442bd1e\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>As a result, Operating Profit Margins is still negative, although it is trending in the right direction.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a27b7833551107397c44acefc5ad2475\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>AEBITDA, on the other hand, is plunging. This is due to Garena&#39;s falling Bookings and Shoppe&#39;s widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d89fb95f74e23e85f8932870c0190bee\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>The guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021&#39;s number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.</p><p>On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena&#39;s estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ae5e9399a838e5f841dcccaffbe673d8\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Because Garena is such an important piece of Shopee&#39;s and SeaMoney&#39;s growth story, a deceleration in Garena&#39;s business had investors reacting so negatively to Sea&#39;s latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.</p><p><b>Balance Sheet</b></p><p>Sea&#39;s balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dc30ee494abc2eda3b75434b96e4a66b\" tg-width=\"640\" tg-height=\"357\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited FY2021 Q4 Investor Presentation</span></p><p>Adjusting for Sea&#39;s debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8d3d0030e6518cc4198245f624cc75e1\" tg-width=\"640\" tg-height=\"437\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>With net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won&#39;t be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.</p><p><b>Cash Flow Statement</b></p><p>Here is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a0aba061277a1410bb9f3dc176ea0115\" tg-width=\"640\" tg-height=\"263\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p>Unlike other high-flying growth companies, Sea&#39;s Share-Based Compensation expenses are relatively low.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81fa229682c8880d6edd35535ef6a747\" tg-width=\"640\" tg-height=\"419\" referrerpolicy=\"no-referrer\"/><span>Source: Sea Limited Investor Relations and Author&#39;s Analysis</span></p><p><b>Competitive Moats</b></p><p>Based on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.</p><p><b>Brand</b></p><p>As discussed in previous sections, Garena&#39;s games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.</p><p><b>Network Effects</b></p><p>The sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world&#39;s population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.</p><p>With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c641ac08707cc868b9e6004e2deaf950\" tg-width=\"1200\" tg-height=\"600\" referrerpolicy=\"no-referrer\"/><span>Source: Shopee Brazil</span></p><p><b>Barriers To Entry</b></p><p>I believe each of Sea&#39;s core businesses is operating in a winner-takes-most environment with high barriers to entry.</p><p>The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena&#39;s Free Fire is certainly a blockbuster game and time in Free Fire&#39;s game means time away from other mobile games.</p><p>Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and <a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.</p><p>Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.</p><p><b>Valuation</b></p><p>Based on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2400cd917e5f6ce8c47ef74a8062093\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/><span>Source: Author&#39;s Analysis</span></p><p>On the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bed1fd805a89523bbb8fa982bee40079\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>In terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fdf589a808c84131e9c36aa7b65a5129\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\"/><span>Source: Koyfin</span></p><p>The valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.</p><p><b>Catalysts</b></p><ul><li><b>Successful International Expansion</b> — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee&#39;s growth could turn exponential.</li><li><b>The Metaverse</b> — Sea&#39;s withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.</li></ul><blockquote>We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.</blockquote><ul><li><b>Regional SuperApp</b> — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.</li><li><b>Continued Growth In SeaMoney</b> — SeaMoney is still in its early stages and continued adoption of Sea&#39;s digital financial services offerings will be a strong addition to Sea&#39;s bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.</li><li><b>Free Fire India Ban Lift</b>— Garena&#39;s weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea&#39;s cash burn problems may be eliminated.</li></ul><p><b>Risks</b></p><ul><li><b>The Pressure to Launch Blockbuster Games</b>— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.</li><li><b>Shopee India Ban</b> — With Free Fire banned in India, there&#39;s also the potential for Shoppe to be banned as well.</li><li><b>Failure to Gain Traction in International Markets</b>— Shopee pulled out of France in early March, an indication that Shoppe&#39;s business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.</li><li><b>Geopolitical Risks</b>— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.</li><li><b>Local Competition</b>— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.</li></ul><p>In addition, there&#39;s a certain level of pride for consumers to see their native-born companies succeed. I&#39;m Indonesian, and it makes me really happy to see GoTo grow and grow.</p><p>GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here&#39;s a glance of GoTo&#39;s stats for the 12-months ended 30 September 2021:</p><ul><li>Valuation: $26.2 billion to $28.8 billion</li><li>GMV: $28.8 billion</li><li>Revenue: $1 billion</li><li>Gross Orders: 2 billion</li><li>Annual Transacting Users: 55 million</li><li>Driver Partners: 2.5 million</li><li>Merchants: 14 million</li></ul><p>The point is that there are big-time local players operating in Sea&#39;s markets that investors should never ignore. Here&#39;s a little snippet from my previous Shopee article:</p><blockquote>But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.</blockquote><blockquote>Meanwhile, Sea Limited&#39;s stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo&#39;s integration, Shopee&#39;s vertically-integrated business model doesn&#39;t look like a strong competitive advantage anymore.</blockquote><p><b>Conclusion</b></p><p>Each of Sea&#39;s core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.</p><p>That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company&#39;s unsustainable cash burn rate, which will likely lead to further capital raises in the near future.</p><p>Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.</p><p>Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don&#39;t hesitate to share your thoughts as well.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: The Three-Headed Monster</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\">\nSea Limited: The Three-Headed Monster\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-19 09:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, ...</p>\n\n<a href=\"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4496480-sea-limited-the-three-headed-monster","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2220777059","content_text":"SummaryGarena, Sea’s only profitable segment, serves as a lifeline for its other two segments, but Bookings are expected to fall sharply in FY2022.In addition, Shopee's losses are widening. However, the e-commerce segment is expected to be self-funded by 2025. This is achievable as take rates are trending in the right direction.SeaMoney is also gaining traction at an unprecedented pace, a monster lurking in the shadows. Investors should pay attention as this segment could serve as Sea's second cash cow.With a net cash position of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion.Despite unprofitability risks, Sea has a strong brand, network effects, and barriers to entry moats. The stock is trading at the lowest multiple ever - it is worth a nibble at these prices.undefined undefined/iStock via Getty ImagesI've been following Sea Limited ADR (NYSE:SE) for quite some time now and the stock got me interested again given the recent 75% selloff. Today, I'm doing a deep dive on the three-headed monster (and each of its heads) to see if the company is a good investment opportunity at these levels. Let's get started!Investment ThesisSea is at the forefront of the internet revolution in developing regions. This had many investors buying into the growth story of the company, sending shares soaring high into the sun for the better part of 2020 and 2021. However, the stock has cratered back to sea amid concerns about the company's slowing growth, especially for its only cash cow, Garena. To make matters worse, Shopee's losses are also getting worse.The Group's cash burn rate is still high, estimated to be $(3.6) billion in FY2022. With a net cash position of $5.9 billion, future capital raises are very likely.On the bright side, Sea still has a long growth runway ahead, solidified by its leadership positions in Southeast Asia and Latin America. SeaMoney, although still unprofitable, could also emerge as Sea's second cash cow.Despite unprofitability and competitive risks, Sea has strong competitive moats and it is trading at the cheapest valuation multiples since its IPO.The three-headed monster is a Buy at these levels.Value PropositionFounded in Singapore in 2009, Sea has grown to become the leading consumer internet company in the world, with a substantial presence in the Southeast Asian region.Mission: To better the lives of consumers and small businesses with technology.Sea is a holding company for three core businesses: Garena, Shopee, and SeaMoney. Sea's main value proposition is providing a vertically-integrated experience through its different core businesses.GarenaIts digital entertainment division, Garena, was Sea's first business venture. In fact, Sea was originally named Garena Interactive Holding Limited before changing its name to Sea Limited in 2017.Garena is one of the largest online games developers and publishers, releasing some of the most successful mobile and PC games over the last decade. For example, Garena's Free Fire, its self-developed mobile battle royale game, topped the global download charts for the last three years. According to data.ai, Free Fire also ranked second globally by average monthly active users on Google Play in 2021. In Southeast Asia and Latin America, Free Fire was the highest-grossing mobile game for ten consecutive quarters, and in the US for four consecutive quarters. Based on Sensor Tower's findings, Free Fire still holds the most downloads globally as of January 2022.Source: SensorTowerGarena also exclusively licenses and publishes games from global partners and third-party developers. Some of these partners include Tencent (OTCPK:TCEHY), Activision (ATVI), and Arumgames. Games like Speed Drifters, Arena of Valor, and Fantasy Town fall into this category as they are co-developed with partners or licensed from partners.In addition, Garena organizes some of the largest e-sports events from local tournaments to professional competitions at a global level. Moreover, Garena offers other entertainment content such as live-streaming, user chat, and online forums.ShopeePerhaps the most exciting business segment is Sea's mobile-centric e-commerce platform, Shopee. Launched in 2015, Shopee is now one of the fastest-growing e-commerce marketplaces with a strong presence in Southeast Asia, as well as growing recognition in Latin America and some European countries.Source: ShopeeThrough the Shopee platform, buyers can purchase items from sellers which are primarily small and medium businesses (or mom-and-pop stores). At the same time, larger, more established retailers like Xiaomi (OTCPK:XIACF), Microsoft (MSFT), or Samsung (OTC:SSNLF) can leverage Shopee's two premium shopping platforms, Shopee Mall and Shopee Premium.Along with Shopee's e-commerce marketplace, Shopee also offers adjacent products and services for both buyers and sellers:Service by Shopee - Value-added services for sellers such as integrated payment, logistics, fulfillment, seller support, inventory management, and online store operations.BuyerProtection - Consumer protection policies and procedures including seller verification, product listing screening, and dispute resolution. In addition, Shopee Guarantee reduces settlement risks by holding customers' funds in a separate account until delivery is complete, where funds will be released to buyers.Integrated Logistics Services- Shopee partners with various local and regional third-party logistics service providers to provide a seamless last-mile delivery experience for both buyers and sellers. Shopee also has its own delivery service called Shopee Xpress.Social Features - Shopee also offers other social and gamification features, including Shopee Coins (virtual currency), Shopee Live (livestream), Shopee Games (in-app games), and Shopee Feed (similar to Instagram).On-demand Services- Shopee also recently launched on-demand services such as ShopeeFood, instant delivery, and groceries, competing directly with Grab (GRAB), Gojek, and Uber (UBER).Shopee's scale is unmatched and it is still growing at an unprecedented pace. According to data.ai, Shopee in Southeast Asia and Taiwan ranked first in average monthly active users and total time spent in the app in 2021. Shopee Indonesia, arguably Shopee's most important market, ranked first in the Shopping category. Shopee Brazil, which launched in October 2019, was also ranked first in the Shopping category. And globally, Shopee ranked first in the Shopping category, and is the #13 most downloaded app regardless of category, logging in 200+ million downloads in 2021.Source: SensorTowerSeaMoneySeaMoney was launched in 2014 and is now one of the leading digital financial services providers in Sea's operating countries. SeaMoney offers mobile wallet services, payment processing, credit, and other digital financial services. These services are offered under SeaMoney's various brands including AirPay, ShopeePay, SPayLater, and other local brands depending on the country. SeaMoney was initially launched in Vietnam and Thailand but has since expanded to other regions.Through SeaMoney's mobile wallet offerings, consumers and merchants have added flexibility in terms of payment options, whether through online or offline means. The launch of SPayLater, which is basically a \"buy now pay later\" payment option, enables consumers to purchase items without accessing credit. For those who are interested, I've written a deep dive on Affirm (AFRM) where I discuss the main value propositions that BNPL provides.SeaMoney has obtained bank licenses and government approvals to provide financial services in various countries. For example, Sea acquired Bank Kesejahteraan Ekonomi in Indonesia back in early 2021 as a push towards offering a digital banking solution. The company is now rebranded to SeaBank, which currently offers a high-yield savings account and virtual account.Source: SeaBank WebsiteSeaMoney's main value proposition lies in offering a mobile wallet and payment solutions that are integrated with Sea's other businesses, namely Garena and Shopee, enabling consumers and merchants to transact seamlessly in one vertically-integrated platform.Market OpportunitySea's market opportunity is predicated around the industry outlook of each of its business segments: mobile gaming, e-commerce, and fintech. Let's take a look at each industry that Sea operates in.First, we have the mobile gaming industry. According to data.ai, Mobile Game Consumer Spend grew from $74 billion in 2018 to $116 billion in 2021, while Mobile Game Downloads grew from 63 billion in 2018 to 83 billion in 2021. Among the Top Genres by Downloads were Hypercasual games such as Hair Challenge and Water Sort Puzzle. However, the Top Genres by Consumer Spend belong to the Strategy, RPG, and Shooting categories where Garena specializes in. For example, Free Fire was the top Shooting game by revenue in Thailand, Brazil, Mexico, and the US, in 2021. Globally, however, it is still behind PUBG Mobile, which generates the bulk of its revenue from China.Source: SensorTowerAccording to Adjust, the mobile gaming industry is expected to reach $272 billion by 2030, which is about 1.5x of 2021's total figure. Given Garena's successes in monetizing its games, Garena should continue to enjoy gaming tailwinds in the foreseeable future, provided that its games remain in trend. This is also supported by Unity's findings that the APAC region is the fastest-growing regional market, a market that Garena dominates in.Moving on to e-commerce, we all know that e-commerce is growing rapidly and that its market share as a whole will continue to trend up from here. This is especially true for the Southeast Asian region where internet and smartphone adoption continues to increase by the day. Based on the e-Conomy SEA report, Southeast Asia now has 440 million internet users, up from 360 million in 2019. Its total population is about 589 million.Internet Gross Merchandise Value, or GMV, for the region was $170 billion in 2021 and is expected to reach $360 billion by 2025 with e-commerce leading the charge. The shift to e-commerce is not only happening on the consumer side but also on the merchant side. Digital marketing tools, analytical tools, and digital payment solutions have accelerated business for merchants. Shopee's vertically-integrated platform also makes it easy for merchants in these developing countries to set up shop, distribute goods, and accept payments in a single platform.Source: e-Conomy SEA 2021Furthermore, Sea has recently expanded its e-commerce operations to other regions such as Latin America and Europe, which further expands its market opportunity.Lastly, we have the fintech industry pertaining to SeaMoney. In my PayPal (PYPL) deep dive, I discussed the growth of mobile wallets as a payment method in both online and offline transactions. The shift to a cashless and cardless society is inevitable and that is also true for Sea's markets.Source: Ark Invest Big Ideas 2022As you can see below, mobile wallets continue to gain traction in Southeast Asia. In addition, 92% of digital merchants intend to maintain usage or increase usage of digital payments in the next 1 to 2 years. ShopeePay and SeaMoney's other brands will benefit from this trend. Also of important note, SeaMoney's expansion to buy now pay later with SPayLater will be a key GMV and revenue driver for the segment. These are the reasons why some investors are so bullish on SeaMoney and why SeaMoney is a monster lurking in the shadows.Source: e-Conomy SEA 2021As you can see, Sea is at the forefront of three megatrends which should propel the business forward from here. Also, combining the different verticals in the same platform would present a significant synergistic opportunity as Sea establishes itself as a SuperApp in the making.Revenue ModelAs mentioned previously, Sea operates three main business segments.Digital EntertainmentGarena operates a freemium model whereby users can download and play games for free. The company generates revenue by selling in-game virtual items such as clothing, weaponry, or equipment.Investors should take note of how revenue is recognized for this segment. According to Sea's 10-K:Proceeds from these sales are initially recognized as “Advances from customers” and subsequently reclassified to “Deferred revenue” when the users make in-game purchases of the virtual currencies or virtual items within the games operated by the Company and the in-game purchases are no longer refundable.Garena also licenses games from other game developers. Revenue is generated based on revenue-sharing/royalty agreements with these developers. Revenue is recognized over the performance obligation period.Such delivery obligation period is determined in accordance with the estimated average lifespan of the virtual goods sold or estimated average lifespan of the paying users of the said games or similar games.E-commerceShopee generates revenue through a marketplace model. Sellers on the platform pay Shopee based on paid advertisement services, transaction-based fees, logistics services, and other value-added services.Shopee also generates revenue from goods sold directly by Shopee, which the company purchases in bulk from manufacturers or third-party suppliers.Digital Financial ServicesSeaMoney revenue consists of:Interest and fees from loans granted to commercial customersInterest and fees from Sea's consumer credit business such as SPayLaterCommissions charged to merchants when a customer pays using SeaMoney's mobile walletIncome StatementLet's analyze each of the business segments and then look at the entire Group as a whole.Digital EntertainmentGarena Revenue saw a 104% increase YoY in Q4. For the full year, Garena Revenue was up 114% YoY.Source: Sea Limited Investor Relations and Author's AnalysisThe rapid increase in Revenue was primarily due to recognition of accumulated deferred revenue from previous quarters. Bookings—which is essentially GAAP Revenue plus the change in digital entertainment deferred revenue —actually dropped for the first time QoQ and it is now lower than Revenue. This means that gamers are spending less on in-virtual items which will lead to lower Revenue recognized in subsequent quarters. As you can see, Bookings is in a massive deceleration.Source: Sea Limited Investor Relations and Author's AnalysisThe drop in Bookings was due to fewer gamers in the platform as the economy reopens and people spend more time outdoors, at school, or in the office. Quarterly Active Users, or QAUs, grew only 7% in Q4 to 652 million, compared to Q3's QAUs of 729 million.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Quarterly Paying Users, or QPUs, decelerated as well, which led to lower Bookings. Q4 QPUs was 77 million compared to Q3's 93 million.Source: Sea Limited Investor Relations and Author's AnalysisThe markets reacted negatively to this slowdown in Garena growth as the gaming business acts as the lifeline for Sea's two other segments. As you can see, Garena is a high-margin business, producing Adjusted EBITDA of $2.7 billion in FY2021. Operating Margin is very high at 61% in Q4. AEBITDA margin, on the other hand, is trending downwards as QoQ adds in Bookings wither.Source: Sea Limited Investor Relations and Author's AnalysisAs such, the slowdown in growth for Garena is scaring investors away as it may not provide sufficient cash flow to fund the continued growth of Shopee and SeaMoney.E-CommerceShopee GMV continues its upward march as e-commerce continues to gain traction in Shopee's existing and newer markets. However, we're also seeing a deceleration in growth due to tough YoY comps. GMV in FY2021 was $62.5 billion, an increase of 77%.Source: Sea Limited Investor Relations and Author's AnalysisGMV growth was also due to an increase in Orders in the Shopee platform, which totaled 6.1 billion in FY2021, an increase of 117%. Average Order Value, or AOV, however, is trending downwards. This may be perceived negatively as processing more lower-AOV orders meant higher logistical expenses and thus lower margins per order.Source: Sea Limited Investor Relations and Author's AnalysisThe increase in GMV translated to higher Shopee Revenue, which grew faster than GMV. Shopee Revenue grew 136% to $5.1 billion in FY2021, as compared to GMV growth of 77%.Source: Sea Limited Investor Relations and Author's AnalysisThe faster growth in Revenue was due to Shopee's increasing take rate, which displays Shopee's ability to monetize its marketplace platform. This is one of the only few positive developments coming out of the most recent earnings update.Source: Sea Limited Investor Relations and Author's AnalysisDespite the improving Revenue and take rate, Shopee is still suffering huge losses and it is mounting with each subsequent quarter, primarily due to the company expanding into new markets. FY2021 Shopee AEBITDA was $(2.6) billion at a -50% margin. Recall that Garena AEBITDA was $2.7 billion.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA per Order has been improving, although it flat-lined in the last few quarters. Again, this is due to the company aggressively expanding into new markets. For example, in Q4, Shopee Brazil recorded 140+ million gross orders with a $70+ million Revenue, up 400% and 326%, respectively. However, AEBITDA per Order in Brazil is still negative at $(2) per Order, despite being a 40% improvement from last year. As such, it is still a far cry from the overall AEBITDA per Order of $(0.45).Source: Sea Limited Investor Relations and Author's AnalysisOn the bright side, in Southeast Asia and Taiwan, Q4 AEBITDA per Order before \"allocation of the headquarters’ common expenses\" was $(0.15), an improvement from last year's $(0.21). This shows that there is certainly hope for Shopee to be AEBITDA positive soon, which management has pointed out during the Q4 earnings call:We currently expect Shopee to achieve positive adjusted EBITDA before HQ cost allocation in Southeast Asia and Taiwan by this year. We also expect SeaMoney to achieve positive cash flow by next year. As a result, we currently expect that by 2025 cash generated by Shopee and SeaMoney proactively will enable these two businesses to substantially self-fund their own long-term growth.Digital Financial ServicesSeaMoney's Mobile Wallet Total Payment Volume grew 120% YoY to $17.2 billion in FY2021 due to the increasing adoption of mobile wallets in the region.Source: Sea Limited Investor Relations and Author's AnalysisThe growth in TPV was largely driven by the growth in QAUs. As shown below, the total ending QAUs in Q4 grew 90% YoY to 45.8 million users.Source: Sea Limited Investor Relations and Author's AnalysisThe real exciting part is that Revenue grew much faster than TPV and QAUs. SeaMoney Revenue is growing at a blistering pace, locking in high triple-digit growth rates over the last few years. FY2021 SeaMoney Revenue was $470 million, which is an increase of 673% from the previous year. This is due to take rates increasing from less than 1% in FY2020 to almost 4% by the end of the latest quarter.Source: Sea Limited Investor Relations and Author's AnalysisFurthermore, in Indonesia, over 20% of the QAUs have used more than one SeaMoney product or service, which includes credit services, digital banking, and insurance. As SeaMoney introduces more offerings, revenue should accelerate meaningfully as average revenue per user increases when people use additional products.As SeaMoney continues to gain scale, the segment will enjoy better unit economics. As shown below, while SeaMoney's AEBITDA is still in deeply negative territories, AEBITDA Margins has continued to trend towards profitability. Management also expects SeaMoney to be cash flow positive by next year.Source: Sea Limited Investor Relations and Author's AnalysisThis is the segment that investors should pay special attention to, given that it has the potential to be Sea's second cash cow. For example, PayPal has Operating Margins of 20%+, which could be SeaMoney's long-term margin profile.GroupWith that said, let's take a look at how the business is doing as a whole.FY2021 Revenue was $10.0 billion, an increase of 128% YoY. Due to the law of large numbers and tough YoY comps, Revenue growth should decelerate from here.Source: Sea Limited Investor Relations and Author's AnalysisHere, we can see how Revenue is distributed across the different segments.Source: Sea Limited Investor Relations and Author's AnalysisWhat's encouraging is that Gross Profit Margins continue to trend upwards as the company gains economies of scale, even accounting for Shopee's aggressive expansion into new markets. FY2021 Gross Profit was $3.9 billion, up 189% YoY.Source: Sea Limited Investor Relations and Author's AnalysisOperating Expenses, however, remain elevated as management forgoes short-term profitability for long-term market dominance. FY2021 Total Operating Expenses were $5.5 billion. Below shows the different components of Operating Expenses as a percentage of Revenue.Source: Sea Limited Investor Relations and Author's AnalysisMost of the Operating Expenses were used for Sales & Marketing purposes. Unsurprisingly, Shopee had the highest S&M burn rate. Discounts, cashback, celebrity promotions... they're everywhere.Source: Sea Limited Investor Relations and Author's AnalysisAs a result, Operating Profit Margins is still negative, although it is trending in the right direction.Source: Sea Limited Investor Relations and Author's AnalysisAEBITDA, on the other hand, is plunging. This is due to Garena's falling Bookings and Shoppe's widening losses. AEBITDA for FY2021 was $(594) million, compared to FY2020 positive AEBITDA of $107 million. This is probably the most concerning figure for investors as such a high cash burn rate is unsustainable, which may also lead to additional capital raises that are dilutive to shareholders.Source: Sea Limited Investor Relations and Author's AnalysisThe guidance did not help either. Garena Bookings is expected to fall to just $3 billion, which is $1.3 billion lower than FY2021's number. Management blamed the reopening of the economy as well as the ban of Free Fire in India for the expected drop in Bookings. Assuming a modest 50% AEBITDA margin, Garena would bring in just $1.5 billion of AEBITDA for Sea in FY2022.On the other side, the other two segments are expected to continue with their immense pace of growth — Shopee and SeaMoney are expected to grow by 76% and 155%, respectively. If we assume a (50)% AEBITDA margin for both segments, Shopee and SeaMoney is expected to burn a total of about $(5.1) billion of AEBITDA. Adding Garena's estimated AEBITDA of $1.5 billion, Sea, as a Group, is expected to burn $(3.6) billion in FY2021.Source: Sea Limited FY2021 Q4 Investor PresentationBecause Garena is such an important piece of Shopee's and SeaMoney's growth story, a deceleration in Garena's business had investors reacting so negatively to Sea's latest earnings release, as now, the gaming business is incapable of covering the massive losses incurred by the other two business segments.Balance SheetSea's balance sheet position as of year-end FY2021 is at about $10.2 billion of Cash and Short Term Investments. While this may show that Sea has a substantial cushion against its short-term cash burn rate, its net cash position paints a different picture.Source: Sea Limited FY2021 Q4 Investor PresentationAdjusting for Sea's debt, Sea ended the year with a net cash position of around $5.9 billion. A substantial amount of its total debt comes from its recent issuance of 0.25% Convertible Senior Notes due 2026. The notes were issued when the stock was trading at $318 per share back in September and the initial conversion price is set at $477 per share. So, yes... conversion in the next 2 to 3 years is very unlikely.Source: Sea Limited Investor Relations and Author's AnalysisWith net cash of $5.9 billion and $(3.6) billion of estimated AEBITDA in FY2022, it won't be long before Sea requires another cash infusion. Therefore, if the high cash burn rate persists for the next 2 to 3 years, investors face a major risk of increasing financial leverage and/or dilution in the form of equity raises.Cash Flow StatementHere is what cash flow looks like over the last few quarters. Notice how Operating Cash Flow turned negative in the last quarter. Most of the cash also comes from Financing activities.Source: Sea Limited Investor Relations and Author's AnalysisUnlike other high-flying growth companies, Sea's Share-Based Compensation expenses are relatively low.Source: Sea Limited Investor Relations and Author's AnalysisCompetitive MoatsBased on my research and analysis, I identified three key competitive moats for Sea: brand, network effects, and barriers to entry. I used to think that Sea has cost advantages but as Garena becomes a smaller part of the overall business, and as losses continue to worsen, I have reason to believe that Sea no longer holds that moat.BrandAs discussed in previous sections, Garena's games, particularly Free Fire, have consistently ranked as the most downloaded mobile game in the world. Additionally, the Shopee app has gained cross-border stardom and is now regarded as the most downloaded or fastest-trending shopping App in the countries it operates in. Lastly, SeaMoney is also gaining traction with banking licenses granted in various countries that should increase brand value and trust.Network EffectsThe sheer amount of app downloads leads to powerful network effects. Garena has 652 million QAUs, which is about 8% of the world's population. Shopee recorded 200+ million app downloads in FY2021 alone. SeaMoney QAUs topped 45.8 million in Q4 and it is still in the early stages of adoption.With all these users in the Sea platform, cross-selling new products or services should be easier as Sea continues to scale. One such example is Shopee Brazil and Free Fire where each platform is encouraging consumers to use the other. As Sea continues to innovate and offer better experiences for its customers, the ecosystem gets bigger and tighter, leading to powerful network effects.Source: Shopee BrazilBarriers To EntryI believe each of Sea's core businesses is operating in a winner-takes-most environment with high barriers to entry.The mobile gaming environment requires the most talented developers to launch blockbuster games. Garena's Free Fire is certainly a blockbuster game and time in Free Fire's game means time away from other mobile games.Just like how Amazon (AMZN) dominates in the US, the e-commerce landscape in Southeast Asia and Latin America is dominated by a few players, such as Shopee, Tokopedia, and MercadoLibre (MELI). The scale and unit economics that these players have achieved makes it unsustainable for new entrants to compete with them.Banking and fintech is also a highly-regulated environment. Furthermore, consumers prefer to have just one mobile wallet, such as ShopeePay, as opposed to owning several different fintech applications.ValuationBased on my sum-of-the-parts and comparable company valuation analysis, Sea looks to be slightly undervalued with 19% upside potential. Of course, comparables are not perfect but based on this, we can gauge where Sea stands among peers.Source: Author's AnalysisOn the flip side, Sea looks extremely cheap on a historical basis. In terms of EV/Sales, Sea is trading at the lowest valuation since its IPO, trading at just 4.2x forward sales.Source: KoyfinIn terms of EV/Gross Profit, Sea is trading even cheaper than its March 2020 lows.Source: KoyfinThe valuation compression is warranted given that the company flew too close to the sun and now it is cratering back to the sea — not just for Sea, but almost all growth stocks took a beating. Growth is also slowing down and the macroeconomic environment looks gloomier than ever. However, this is not the end of the world; I think the markets are overreacting. Diversion from the mean goes both ways — perhaps, current prices present a good margin of safety for long-term investors.CatalystsSuccessful International Expansion — Shopee has been successful in replicating its playbook from Southeast Asia to Brazil. Recently, Shopee launched operations in India, Mexico, Chile, Colombia, Argentina, Poland, and Spain. If Shopee can take substantial market share in these new regions, Shopee's growth could turn exponential.The Metaverse — Sea's withering gaming division needs to be revitalized. New games and features could definitely provide the boost that it needs. For example, the metaverse is an exciting opportunity and Garena could introduce this concept to its 600+ million QAUs. Sea AI Lab (SAIL) and Sea Capital are two ventures that could accelerate the company into emerging industries, including the metaverse.We will continue to encourage user-generated content by enhancing greater features and accessibility. We believe that a strong user reception to Craftland is a positive indicator of the initial success to encourage user participation in content creation and to build Free Fire into an increasingly open platform and is well aligned with major emerging industry trends such as metaverse.Regional SuperApp — Although this concept has yet to be discussed by management, launching a regional SuperApp could enhance user engagement to new levels. For example, imagine Shopee users being able to play games, shop, order food delivery, pay for services, transfer money, invest, all under one app. Imagine users being able to convert their deposited funds in ShopeePay, into ShopeeCoins, and use it to perform cross-border transactions.Continued Growth In SeaMoney — SeaMoney is still in its early stages and continued adoption of Sea's digital financial services offerings will be a strong addition to Sea's bull thesis. SPayLater has real potential to disrupt the consumer credit industry. SeaBank and ShopeePay have the opportunity to capture digital wallet, digital banking, and cashless society trends.Free Fire India Ban Lift— Garena's weak guidance factored in the headwinds coming from the ban in India. If the ban is lifted, the stock may react positively as much of Sea's cash burn problems may be eliminated.RisksThe Pressure to Launch Blockbuster Games— There will come a time when Free Fire will be dethroned as the most-played and most-downloaded game. That is just how the gaming business works. This puts a substantial risk on the cash flow generation potential of Garena. Launching blockbuster games is never easy and it requires many trials and errors along the way. For me, I would like to see Garena shift to a gaming franchise model where the company launches an updated version of an existing game every year or two, which presents a more stable and recurring revenue stream for the company. An example would be FIFA or Call of Duty.Shopee India Ban — With Free Fire banned in India, there's also the potential for Shoppe to be banned as well.Failure to Gain Traction in International Markets— Shopee pulled out of France in early March, an indication that Shoppe's business model is not replicable in other countries, especially in more developed regions. Shopee Poland and Spain may be next on the exit list as they hold a close resemblance to France.Geopolitical Risks— Tencent, a Chinese company, has an 18.7% equity stake in Sea. Sanctions, bans, and other restrictions on Chinese companies, given the current geopolitical environment, could spell trouble for Sea. Tencent may have to cut exposure on Sea or even dissolve its developing-publishing partnership with Garena.Local Competition— Local champions operating in their respective markets cannot be ignored. These include GoTo in Indonesia, MercadoLibre in Latin America, and Flipkart in India.In addition, there's a certain level of pride for consumers to see their native-born companies succeed. I'm Indonesian, and it makes me really happy to see GoTo grow and grow.GoTo, the holding company of both Indonesian tech darlings Gojek and Tokopedia, recently announced its plan to IPO in the Indonesia Stock Exchange. Here's a glance of GoTo's stats for the 12-months ended 30 September 2021:Valuation: $26.2 billion to $28.8 billionGMV: $28.8 billionRevenue: $1 billionGross Orders: 2 billionAnnual Transacting Users: 55 millionDriver Partners: 2.5 millionMerchants: 14 millionThe point is that there are big-time local players operating in Sea's markets that investors should never ignore. Here's a little snippet from my previous Shopee article:But with the GoTo merger, Indonesia could potentially extinguish the orange flame that charred its forest for many years. Now, GoTo could finally reclaim a good chunk of its territory that was lost to waves of competition, especially from Shopee. GoTo could finally gain more ground as the roots grew even stronger with the merger, fertilized with the synergies of value propositions, logistics, payments, and banking solutions.Meanwhile, Sea Limited's stock continues to soar, ignoring the titan of an elephant in the room. And because of GoTo's integration, Shopee's vertically-integrated business model doesn't look like a strong competitive advantage anymore.ConclusionEach of Sea's core businesses is in hypergrowth mode, propelled by megatrends in the mobile gaming, e-commerce, and fintech industry. Management understands these opportunities and therefore, is sacrificing short-term profitability for long-term market dominance. Despite being a larger business, Sea still has a massive growth runway ahead.That is not to say that unprofitability and competition risks can and should be ignored. The biggest concern for investors is the company's unsustainable cash burn rate, which will likely lead to further capital raises in the near future.Nonetheless, the long-term growth thesis for the three-headed monster remains intact. Strong brand, network effects, and barriers to entry moats should support the business going forward. In addition, shares of Sea are trading at the lowest valuation multiples ever, which presents a good margin of safety for an entry at these prices.Thank you for reading my Sea Limited deep dive. If you enjoyed the article, please let me know in the comment section down below. If you have any suggestions or feedback, don't hesitate to share your thoughts as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":321,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032269974,"gmtCreate":1647387970602,"gmtModify":1676534222718,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Hope we see closure to the Russian episode soon. Markets can then normalise.&nbsp;","listText":"Hope we see closure to the Russian episode soon. Markets can then normalise.&nbsp;","text":"Hope we see closure to the Russian episode soon. Markets can then normalise.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032269974","repostId":"1169777833","repostType":4,"repost":{"id":"1169777833","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":1647351031,"share":"https://ttm.financial/m/news/1169777833?lang=&edition=fundamental","pubTime":"2022-03-15 21:30","market":"us","language":"en","title":"Dow Gains 200 Points as Oil Prices Fall for a Second Day, Inflation Report Comes in Lighter Than Expected","url":"https://stock-news.laohu8.com/highlight/detail?id=1169777833","media":"Tiger Newspress","summary":"Wall Street’s main benchmarks advanced Tuesday after stocks closed mostly lower to start the week. I","content":"<html><head></head><body><p>Wall Street’s main benchmarks advanced Tuesday after stocks closed mostly lower to start the week. Investors continued to monitor the Russia-Ukraine war and braced fora key monetary policy decision due out of the Federal Reserve Wednesday that could place short-term interest rates above near-zero levels for the first time since 2018. A COVID outbreak in China also presented new headline risk for traders to digest.</p><p>The S&amp;P 500 edged 0.8% higher to 4,207.48 as of 9:33 a.m. ET after the index logged a “death cross” — when the 50-day moving average closes below the 200-day moving average — in Monday&#39;s session. The Dow Jones Industrial Average jumped 290 points to 33,233.68, and the Nasdaq Composite was up 1% to 12,709.30.</p><p>Commodities extended a streak of gyrations. WTI Crude Oil futures fellow below $100 to around $96 a barrel, about 27% from record intraday high of $130.50 last week. Gold futures erased 2.2% to trade at $1,917.20 per ounce after recently topping $2,000.</p><p>“I fully expect crude oil is going to go back towards $40 or $50 a barrel,” Bloomberg Intelligence’s Mike McGlone told Yahoo Finance Live Monday. “From this war, I think we’re going to see a significant amount of demand destruction.”</p><p>In the U.S., markets may be little-shocked when central bank officials unveil the upshot of their two-day policy-setting meeting Wednesday after Federal Reserve Chair Jerome Powell signaled in recent Congressional testimony that he supports an increase of 0.25%. But traders will watch closely for possible changes to the Fed’s outlook on hiking plans for the remainder of 2022 as war in Eastern Europe hangs over the global economy.</p><p>Although Russia’s invasion of Ukraine has curbed the chances of a 50-basis point hike this month, escalating geopolitical turmoil — with no off-ramp in sight — raises a new set of uncertainties for the U.S. economy and complicates the Fed’s path forward on taming inflation.</p><p>“All signs point to a quarter-point interest rate hike from the Federal Reserve when their meeting concludes Wednesday,” Bankrate chief financial analyst Greg McBride said in a note. “The questions revolve around how many more are to come and how quickly.”</p><p>“The war in Eastern Europe gives the Fed reason to act more cautiously, but they will still be working to corral what is already the highest inflation in 40 years,” McBride said.</p><p>Surging commodity prices that have fueled discussions around the possibility of economic slowdown, stagflation, or a potential recession place further pressure on policymakers already tasked with mitigating soaring price levels, according to David Norris, TwentyFour Asset Management head of U.S. credit.</p><p>“Central bankers face a conundrum,” he said. “All things considered, I have no doubt this is one of the most important Fed meetings in recent memory given the current pace of market developments and the fluid nature of geopolitical events.”</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Gains 200 Points as Oil Prices Fall for a Second Day, Inflation Report Comes in Lighter Than Expected</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; 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color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Gains 200 Points as Oil Prices Fall for a Second Day, Inflation Report Comes in Lighter Than Expected\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\">2022-03-15 21:30</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street’s main benchmarks advanced Tuesday after stocks closed mostly lower to start the week. Investors continued to monitor the Russia-Ukraine war and braced fora key monetary policy decision due out of the Federal Reserve Wednesday that could place short-term interest rates above near-zero levels for the first time since 2018. A COVID outbreak in China also presented new headline risk for traders to digest.</p><p>The S&amp;P 500 edged 0.8% higher to 4,207.48 as of 9:33 a.m. ET after the index logged a “death cross” — when the 50-day moving average closes below the 200-day moving average — in Monday&#39;s session. The Dow Jones Industrial Average jumped 290 points to 33,233.68, and the Nasdaq Composite was up 1% to 12,709.30.</p><p>Commodities extended a streak of gyrations. WTI Crude Oil futures fellow below $100 to around $96 a barrel, about 27% from record intraday high of $130.50 last week. Gold futures erased 2.2% to trade at $1,917.20 per ounce after recently topping $2,000.</p><p>“I fully expect crude oil is going to go back towards $40 or $50 a barrel,” Bloomberg Intelligence’s Mike McGlone told Yahoo Finance Live Monday. “From this war, I think we’re going to see a significant amount of demand destruction.”</p><p>In the U.S., markets may be little-shocked when central bank officials unveil the upshot of their two-day policy-setting meeting Wednesday after Federal Reserve Chair Jerome Powell signaled in recent Congressional testimony that he supports an increase of 0.25%. But traders will watch closely for possible changes to the Fed’s outlook on hiking plans for the remainder of 2022 as war in Eastern Europe hangs over the global economy.</p><p>Although Russia’s invasion of Ukraine has curbed the chances of a 50-basis point hike this month, escalating geopolitical turmoil — with no off-ramp in sight — raises a new set of uncertainties for the U.S. economy and complicates the Fed’s path forward on taming inflation.</p><p>“All signs point to a quarter-point interest rate hike from the Federal Reserve when their meeting concludes Wednesday,” Bankrate chief financial analyst Greg McBride said in a note. “The questions revolve around how many more are to come and how quickly.”</p><p>“The war in Eastern Europe gives the Fed reason to act more cautiously, but they will still be working to corral what is already the highest inflation in 40 years,” McBride said.</p><p>Surging commodity prices that have fueled discussions around the possibility of economic slowdown, stagflation, or a potential recession place further pressure on policymakers already tasked with mitigating soaring price levels, according to David Norris, TwentyFour Asset Management head of U.S. credit.</p><p>“Central bankers face a conundrum,” he said. “All things considered, I have no doubt this is one of the most important Fed meetings in recent memory given the current pace of market developments and the fluid nature of geopolitical events.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1169777833","content_text":"Wall Street’s main benchmarks advanced Tuesday after stocks closed mostly lower to start the week. Investors continued to monitor the Russia-Ukraine war and braced fora key monetary policy decision due out of the Federal Reserve Wednesday that could place short-term interest rates above near-zero levels for the first time since 2018. A COVID outbreak in China also presented new headline risk for traders to digest.The S&P 500 edged 0.8% higher to 4,207.48 as of 9:33 a.m. ET after the index logged a “death cross” — when the 50-day moving average closes below the 200-day moving average — in Monday's session. The Dow Jones Industrial Average jumped 290 points to 33,233.68, and the Nasdaq Composite was up 1% to 12,709.30.Commodities extended a streak of gyrations. WTI Crude Oil futures fellow below $100 to around $96 a barrel, about 27% from record intraday high of $130.50 last week. Gold futures erased 2.2% to trade at $1,917.20 per ounce after recently topping $2,000.“I fully expect crude oil is going to go back towards $40 or $50 a barrel,” Bloomberg Intelligence’s Mike McGlone told Yahoo Finance Live Monday. “From this war, I think we’re going to see a significant amount of demand destruction.”In the U.S., markets may be little-shocked when central bank officials unveil the upshot of their two-day policy-setting meeting Wednesday after Federal Reserve Chair Jerome Powell signaled in recent Congressional testimony that he supports an increase of 0.25%. But traders will watch closely for possible changes to the Fed’s outlook on hiking plans for the remainder of 2022 as war in Eastern Europe hangs over the global economy.Although Russia’s invasion of Ukraine has curbed the chances of a 50-basis point hike this month, escalating geopolitical turmoil — with no off-ramp in sight — raises a new set of uncertainties for the U.S. economy and complicates the Fed’s path forward on taming inflation.“All signs point to a quarter-point interest rate hike from the Federal Reserve when their meeting concludes Wednesday,” Bankrate chief financial analyst Greg McBride said in a note. “The questions revolve around how many more are to come and how quickly.”“The war in Eastern Europe gives the Fed reason to act more cautiously, but they will still be working to corral what is already the highest inflation in 40 years,” McBride said.Surging commodity prices that have fueled discussions around the possibility of economic slowdown, stagflation, or a potential recession place further pressure on policymakers already tasked with mitigating soaring price levels, according to David Norris, TwentyFour Asset Management head of U.S. credit.“Central bankers face a conundrum,” he said. “All things considered, I have no doubt this is one of the most important Fed meetings in recent memory given the current pace of market developments and the fluid nature of geopolitical events.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":131,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9039581671,"gmtCreate":1646087678732,"gmtModify":1676534088487,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Carefully navigate. Important to look at fundamentals.&nbsp;","listText":"Carefully navigate. Important to look at fundamentals.&nbsp;","text":"Carefully navigate. Important to look at fundamentals.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9039581671","repostId":"1102926092","repostType":4,"repost":{"id":"1102926092","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":1646053995,"share":"https://ttm.financial/m/news/1102926092?lang=&edition=fundamental","pubTime":"2022-02-28 21:13","market":"us","language":"en","title":"Pre-Bell | U.S. Stock Futures Slump; Biden Administration Expands Sanctions against Russia","url":"https://stock-news.laohu8.com/highlight/detail?id=1102926092","media":"Tiger Newspress","summary":"Equities fell Monday, sovereign bonds rallied and commodities surged amid heightened uncertainty aft","content":"<html><head></head><body><p>Equities fell Monday, sovereign bonds rallied and commodities surged amid heightened uncertainty after a new wave of sanctions against Russia for the invasion of Ukraine.</p><p><b>Market Snapshot</b></p><p>At 8:00 a.m. ET, Dow e-minis were down 295 points, or 0.87%, S&amp;P 500 e-minis were down 44 points, or 1%, and Nasdaq 100 e-minis were down 139.25 points, or 0.98%.</p><p><img src=\"https://static.tigerbbs.com/8e388c504630e038d902fcb372ad571b\" tg-width=\"1080\" tg-height=\"333\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>NIO(NIO) </b>– NIO shares added 1.2% premarket. The electric-vehicle maker plans to list shares in Hong Kong, joining other Chinese businesses pursuing an additional listing outside New York amid the threat of being forced off American exchanges.</p><p><b>Northrop Grumman</b><b>(NOC),</b><b>Raytheon Technologies</b><b>(RTX),</b><b>General Dynamics</b><b>(GD)</b> – These and other defense stocks surged in the premarket in the aftermath of Russia’s invasion of Ukraine and the pledge by European Union countries to spend more on defense. Northrop Grumman added 5%, Raytheon Technologies rallied 6%, General Dynamics gained 5.4%, Lockheed Martin gained 4% and L3Harris Technologiesrose 3.6%.</p><p><b>Berkshire Hathaway</b><b>(BRK.B)</b> – Berkshire reported record annual profit in 2021, helped in large part by its investment in Apple(AAPL). Berkshire also bought back a record $27 billion in stock last year, but the pace of buybacks slowed during the fourth quarter. Berkshire Class “B” shares fell 1% in the premarket.</p><p><b>BP</b><b>(BP) </b>– BP shares tumbled 7.1% in the premarket after saying it would sell its nearly 20% stakein Russia’s state-controlled oil producer Rosneft following Russia’s invasion of Ukraine.</p><p><b>First Horizon</b><b>(FHN)</b> – First Horizon shares surged 32.3% in premarket trading after the bank agreed to be acquired by <b>Toronto-Dominion</b><b>(TD)</b> in an all-cash deal worth $25 per share or $13.4 billion. The move will help Toronto-Dominion expand its presence in the southeastern part of the U.S.</p><p><b>Renewable Energy</b><b>(REGI) </b>– The maker of renewable energy fuels agreed to be acquired by <b>Chevron</b><b>(CVX)</b> for $61.50 per share, compared to the Friday close of $43.81. Renewable Energy shares soared 36.5% in the premarket.</p><p><b>Yandex</b><b>(YNDX) </b>– Yandex,a search-engine company that provides services in Russia, Ukraine and other countries in the region, plunged 21% premarket.</p><p><b>Starbucks</b><b>(SBUX)</b> – Workers at a Starbucks café in Mesa, Arizona voted to unionize, becoming the third Starbucks location in the U.S. to do so. Starbucks slid 1% in premarket action.</p><p><b>Zendesk</b><b>(ZEN)</b> – The customer service platform operator ended its deal to buy SurveyMonkey parent <b>Momentive Global</b><b>(MNTV)</b> after Zendesk shareholders rejected the proposed transaction on Friday. That follows objections to the all-stock deal by activist investor Jana Partners as well as skepticism about the deal’s benefits by Wall Street analysts. Momentive slid 2.4% in premarket action while Zendesk rose 0.4%.</p><p><b>Healthcare Trust of America</b><b>(HTA) </b>– The health-care-centered real estate investment trust agreed to combine with rival <b>Healthcare Realty</b><b>(HR)</b> in a deal with an implied value of $35.08 per share. Healthcare Trust slid 5% in the premarket, while Healthcare Realty tumbled 9.2%.</p><p><b>PulteGroup</b><b>(PHM),</b><b>Toll Brothers</b><b>(TOL)</b> – The home builders received double upgrades to “buy” from “underperform” at Bank of America Securities. The firm notes underperformance by home builders in 2022 despite strong earnings and guidance and feels the risk/reward profile is now favorable. PulteGroup rose 1.1% in the premarket, while Toll Brothers added 1%.</p><p><b>Nielsen</b><b>(NLSN)</b> – The company best known for TV ratings saw its stock rally 7.6% in the premarket after reporting adjusted quarterly earnings of 46 cents per share, 10 cents above estimates, and also issuing an upbeat full-year forecast. The company also announced a $1 billion share repurchase program.</p><p><b>Market News</b></p><p>Chinese electric vehicle (EV) maker Nio Inc plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region.</p><p>BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to isolate Russia’s economy.</p><p>Tesla Inc is expected to secure a green light for the start of production at the Berlin gigafactory by the end of next week, Tesmanian reported ((via tagesspiegel) on Sunday, citing a German news outlet.</p><p>Chevron is discussing paying $61.50 per share for Renewable Energy, said the people, who asked to not be identified because the matter isn’t public. A deal could be announced as soon as next week, the people added. No final decision has been made and the terms could change or talks could still fall through.</p><p>Lockheed Martin is actively collaborating with Microsoft on 5G.MIL®solutions to rapidly advance reliable connections for U.S. Department of Defense systems capable of spanning air, land, sea, space and cyber domains.</p><p>Russia&#39;s central bank said Monday that the Moscow Exchange wouldn&#39;t open for stock trading.It also said derivatives markets would remain closed. The central bank added that the operating hours of the exchange would be announced Tuesday morning.</p><p>The Biden administration announced additional sanctions against Russia’s central bank on Monday, a move that effectively prohibits Americans from doing any business with the bank as well as freezes assets within the United States.The new measures will also target the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation.A senior Biden administration official, who spoke on the condition of anonymity in order to share Washington&#39;s thinking, said the new sanctions will take effect immediately.</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 Slump; Biden Administration Expands Sanctions against Russia</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\">\nPre-Bell | U.S. Stock Futures Slump; Biden Administration Expands Sanctions against Russia\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\">2022-02-28 21:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Equities fell Monday, sovereign bonds rallied and commodities surged amid heightened uncertainty after a new wave of sanctions against Russia for the invasion of Ukraine.</p><p><b>Market Snapshot</b></p><p>At 8:00 a.m. ET, Dow e-minis were down 295 points, or 0.87%, S&amp;P 500 e-minis were down 44 points, or 1%, and Nasdaq 100 e-minis were down 139.25 points, or 0.98%.</p><p><img src=\"https://static.tigerbbs.com/8e388c504630e038d902fcb372ad571b\" tg-width=\"1080\" tg-height=\"333\" width=\"100%\" height=\"auto\"/></p><p><b>Pre-Market Movers</b></p><p><b>NIO(NIO) </b>– NIO shares added 1.2% premarket. The electric-vehicle maker plans to list shares in Hong Kong, joining other Chinese businesses pursuing an additional listing outside New York amid the threat of being forced off American exchanges.</p><p><b>Northrop Grumman</b><b>(NOC),</b><b>Raytheon Technologies</b><b>(RTX),</b><b>General Dynamics</b><b>(GD)</b> – These and other defense stocks surged in the premarket in the aftermath of Russia’s invasion of Ukraine and the pledge by European Union countries to spend more on defense. Northrop Grumman added 5%, Raytheon Technologies rallied 6%, General Dynamics gained 5.4%, Lockheed Martin gained 4% and L3Harris Technologiesrose 3.6%.</p><p><b>Berkshire Hathaway</b><b>(BRK.B)</b> – Berkshire reported record annual profit in 2021, helped in large part by its investment in Apple(AAPL). Berkshire also bought back a record $27 billion in stock last year, but the pace of buybacks slowed during the fourth quarter. Berkshire Class “B” shares fell 1% in the premarket.</p><p><b>BP</b><b>(BP) </b>– BP shares tumbled 7.1% in the premarket after saying it would sell its nearly 20% stakein Russia’s state-controlled oil producer Rosneft following Russia’s invasion of Ukraine.</p><p><b>First Horizon</b><b>(FHN)</b> – First Horizon shares surged 32.3% in premarket trading after the bank agreed to be acquired by <b>Toronto-Dominion</b><b>(TD)</b> in an all-cash deal worth $25 per share or $13.4 billion. The move will help Toronto-Dominion expand its presence in the southeastern part of the U.S.</p><p><b>Renewable Energy</b><b>(REGI) </b>– The maker of renewable energy fuels agreed to be acquired by <b>Chevron</b><b>(CVX)</b> for $61.50 per share, compared to the Friday close of $43.81. Renewable Energy shares soared 36.5% in the premarket.</p><p><b>Yandex</b><b>(YNDX) </b>– Yandex,a search-engine company that provides services in Russia, Ukraine and other countries in the region, plunged 21% premarket.</p><p><b>Starbucks</b><b>(SBUX)</b> – Workers at a Starbucks café in Mesa, Arizona voted to unionize, becoming the third Starbucks location in the U.S. to do so. Starbucks slid 1% in premarket action.</p><p><b>Zendesk</b><b>(ZEN)</b> – The customer service platform operator ended its deal to buy SurveyMonkey parent <b>Momentive Global</b><b>(MNTV)</b> after Zendesk shareholders rejected the proposed transaction on Friday. That follows objections to the all-stock deal by activist investor Jana Partners as well as skepticism about the deal’s benefits by Wall Street analysts. Momentive slid 2.4% in premarket action while Zendesk rose 0.4%.</p><p><b>Healthcare Trust of America</b><b>(HTA) </b>– The health-care-centered real estate investment trust agreed to combine with rival <b>Healthcare Realty</b><b>(HR)</b> in a deal with an implied value of $35.08 per share. Healthcare Trust slid 5% in the premarket, while Healthcare Realty tumbled 9.2%.</p><p><b>PulteGroup</b><b>(PHM),</b><b>Toll Brothers</b><b>(TOL)</b> – The home builders received double upgrades to “buy” from “underperform” at Bank of America Securities. The firm notes underperformance by home builders in 2022 despite strong earnings and guidance and feels the risk/reward profile is now favorable. PulteGroup rose 1.1% in the premarket, while Toll Brothers added 1%.</p><p><b>Nielsen</b><b>(NLSN)</b> – The company best known for TV ratings saw its stock rally 7.6% in the premarket after reporting adjusted quarterly earnings of 46 cents per share, 10 cents above estimates, and also issuing an upbeat full-year forecast. The company also announced a $1 billion share repurchase program.</p><p><b>Market News</b></p><p>Chinese electric vehicle (EV) maker Nio Inc plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region.</p><p>BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to isolate Russia’s economy.</p><p>Tesla Inc is expected to secure a green light for the start of production at the Berlin gigafactory by the end of next week, Tesmanian reported ((via tagesspiegel) on Sunday, citing a German news outlet.</p><p>Chevron is discussing paying $61.50 per share for Renewable Energy, said the people, who asked to not be identified because the matter isn’t public. A deal could be announced as soon as next week, the people added. No final decision has been made and the terms could change or talks could still fall through.</p><p>Lockheed Martin is actively collaborating with Microsoft on 5G.MIL®solutions to rapidly advance reliable connections for U.S. Department of Defense systems capable of spanning air, land, sea, space and cyber domains.</p><p>Russia&#39;s central bank said Monday that the Moscow Exchange wouldn&#39;t open for stock trading.It also said derivatives markets would remain closed. The central bank added that the operating hours of the exchange would be announced Tuesday morning.</p><p>The Biden administration announced additional sanctions against Russia’s central bank on Monday, a move that effectively prohibits Americans from doing any business with the bank as well as freezes assets within the United States.The new measures will also target the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation.A senior Biden administration official, who spoke on the condition of anonymity in order to share Washington&#39;s thinking, said the new sanctions will take effect immediately.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔",".IXIC":"NASDAQ Composite","HR":"医疗保健房地产信托",".SPX":"S&P 500 Index","LHX":"哈里斯公司","TD":"道明银行","GD":"通用动力","BRK.B":"伯克希尔B","TOL":"托尔兄弟",".DJI":"道琼斯","RTX":"雷神技术公司","NIO":"蔚来","CVX":"雪佛龙","LMT":"洛克希德马丁","BP":"英国石油","ZEN":"Zendesk Inc.","NOC":"诺斯罗普格鲁曼","FHN":"第一地平线银行","MNTV":"Momentive Global Inc.","SBUX":"星巴克","NLSN":"尼尔森","PHM":"普得集团"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102926092","content_text":"Equities fell Monday, sovereign bonds rallied and commodities surged amid heightened uncertainty after a new wave of sanctions against Russia for the invasion of Ukraine.Market SnapshotAt 8:00 a.m. ET, Dow e-minis were down 295 points, or 0.87%, S&P 500 e-minis were down 44 points, or 1%, and Nasdaq 100 e-minis were down 139.25 points, or 0.98%.Pre-Market MoversNIO(NIO) – NIO shares added 1.2% premarket. The electric-vehicle maker plans to list shares in Hong Kong, joining other Chinese businesses pursuing an additional listing outside New York amid the threat of being forced off American exchanges.Northrop Grumman(NOC),Raytheon Technologies(RTX),General Dynamics(GD) – These and other defense stocks surged in the premarket in the aftermath of Russia’s invasion of Ukraine and the pledge by European Union countries to spend more on defense. Northrop Grumman added 5%, Raytheon Technologies rallied 6%, General Dynamics gained 5.4%, Lockheed Martin gained 4% and L3Harris Technologiesrose 3.6%.Berkshire Hathaway(BRK.B) – Berkshire reported record annual profit in 2021, helped in large part by its investment in Apple(AAPL). Berkshire also bought back a record $27 billion in stock last year, but the pace of buybacks slowed during the fourth quarter. Berkshire Class “B” shares fell 1% in the premarket.BP(BP) – BP shares tumbled 7.1% in the premarket after saying it would sell its nearly 20% stakein Russia’s state-controlled oil producer Rosneft following Russia’s invasion of Ukraine.First Horizon(FHN) – First Horizon shares surged 32.3% in premarket trading after the bank agreed to be acquired by Toronto-Dominion(TD) in an all-cash deal worth $25 per share or $13.4 billion. The move will help Toronto-Dominion expand its presence in the southeastern part of the U.S.Renewable Energy(REGI) – The maker of renewable energy fuels agreed to be acquired by Chevron(CVX) for $61.50 per share, compared to the Friday close of $43.81. Renewable Energy shares soared 36.5% in the premarket.Yandex(YNDX) – Yandex,a search-engine company that provides services in Russia, Ukraine and other countries in the region, plunged 21% premarket.Starbucks(SBUX) – Workers at a Starbucks café in Mesa, Arizona voted to unionize, becoming the third Starbucks location in the U.S. to do so. Starbucks slid 1% in premarket action.Zendesk(ZEN) – The customer service platform operator ended its deal to buy SurveyMonkey parent Momentive Global(MNTV) after Zendesk shareholders rejected the proposed transaction on Friday. That follows objections to the all-stock deal by activist investor Jana Partners as well as skepticism about the deal’s benefits by Wall Street analysts. Momentive slid 2.4% in premarket action while Zendesk rose 0.4%.Healthcare Trust of America(HTA) – The health-care-centered real estate investment trust agreed to combine with rival Healthcare Realty(HR) in a deal with an implied value of $35.08 per share. Healthcare Trust slid 5% in the premarket, while Healthcare Realty tumbled 9.2%.PulteGroup(PHM),Toll Brothers(TOL) – The home builders received double upgrades to “buy” from “underperform” at Bank of America Securities. The firm notes underperformance by home builders in 2022 despite strong earnings and guidance and feels the risk/reward profile is now favorable. PulteGroup rose 1.1% in the premarket, while Toll Brothers added 1%.Nielsen(NLSN) – The company best known for TV ratings saw its stock rally 7.6% in the premarket after reporting adjusted quarterly earnings of 46 cents per share, 10 cents above estimates, and also issuing an upbeat full-year forecast. The company also announced a $1 billion share repurchase program.Market NewsChinese electric vehicle (EV) maker Nio Inc plans to carry out secondary listings by introduction in Hong Kong and Singapore as it seeks to grow its business in the region.BP Plc moved to dump its shares in oil giant Rosneft PJSC, taking a financial hit of as much as $25 billion by joining the campaign to isolate Russia’s economy.Tesla Inc is expected to secure a green light for the start of production at the Berlin gigafactory by the end of next week, Tesmanian reported ((via tagesspiegel) on Sunday, citing a German news outlet.Chevron is discussing paying $61.50 per share for Renewable Energy, said the people, who asked to not be identified because the matter isn’t public. A deal could be announced as soon as next week, the people added. No final decision has been made and the terms could change or talks could still fall through.Lockheed Martin is actively collaborating with Microsoft on 5G.MIL®solutions to rapidly advance reliable connections for U.S. Department of Defense systems capable of spanning air, land, sea, space and cyber domains.Russia's central bank said Monday that the Moscow Exchange wouldn't open for stock trading.It also said derivatives markets would remain closed. The central bank added that the operating hours of the exchange would be announced Tuesday morning.The Biden administration announced additional sanctions against Russia’s central bank on Monday, a move that effectively prohibits Americans from doing any business with the bank as well as freezes assets within the United States.The new measures will also target the National Wealth Fund of the Russian Federation and the Ministry of Finance of the Russian Federation.A senior Biden administration official, who spoke on the condition of anonymity in order to share Washington's thinking, said the new sanctions will take effect immediately.","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956885320,"gmtCreate":1673964805961,"gmtModify":1676538909304,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"I am indeed honored! THANKS to the perfect game.&nbsp;","listText":"I am indeed honored! THANKS to the perfect game.&nbsp;","text":"I am indeed honored! THANKS to the perfect game.","images":[{"img":"https://community-static.tradeup.com/news/cdb1c96f9a6434298e42c2dbeda457bc","width":"1080","height":"1653"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956885320","isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9014892517,"gmtCreate":1649637391791,"gmtModify":1676534541392,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Perhaps then a 'back to the future' electric car will evolve.&nbsp;","listText":"Perhaps then a 'back to the future' electric car will evolve.&nbsp;","text":"Perhaps then a 'back to the future' electric car will evolve.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9014892517","repostId":"1187763771","repostType":4,"repost":{"id":"1187763771","pubTimestamp":1649560342,"share":"https://ttm.financial/m/news/1187763771?lang=&edition=fundamental","pubTime":"2022-04-10 11:12","market":"us","language":"en","title":"Where Will Tesla Stock Be In 2030? Analyst Weighs In","url":"https://stock-news.laohu8.com/highlight/detail?id=1187763771","media":"Benzinga","summary":"Tesla, Inc.TSLAshares barely budged despite all the hype surrounding theCyber Rodeo event held this week.All the same, one analyst is confident that the stock will hit top gear and keep rising over th","content":"<html><head></head><body><p><b>Tesla, Inc.</b>TSLAshares barely budged despite all the hype surrounding the Cyber Rodeo event held this week. All the same, one analyst is confident that the stock will hit top gear and keep rising over the next decade.</p><p><b>What Happened:</b> Tesla stock will go from a market capitalization of a little over $1 trillion currently to $10 trillion by 2030, <b>New Street Research</b> analyst <b>Pierre Ferragu</b> said in a tweet. The analyst said the Tesla growth story is slowly taking hold and the company is on track to see unprecedented scale and capture 20% of the auto market.</p><p>Ferragu, however, cautioned that his estimate is neither a forecast nor an investment recommendation, leaving it open to investors to decide for themselves.</p><p>The analyst&#39;s 2030 look ahead assumes 20 million units of vehicle sales and an average selling price of $35,000, translating to vehicle sales of $700 billion. About $1.5 billion will likely come from insurance, $35 billion-$70 billion from full-self driving software and $250 billion from energy, with real AI providing option value.</p><p>The total 2030 revenue will likely come in at $1 trillion, the analyst estimates. Applying a multiple of 8-10 times on estimated sales, the company&#39;s valuation will gallop to about $10 trillion, he added.</p><p><b>Where Will This Leave Tesla Stock:</b> Tesla&#39;s outstanding share count is currently at 1.03 billion. If the share count remains unchanged, the per-share value of Tesla would be around $9,710.</p><p>Tesla detractors and skeptical investors may debate the credibility of Ferragu&#39;s model. Nevertheless, the company is poised to see superlative growth over the coming years. Tesla, according to many sell-side analysts, is not able to keep pace with the surging demand for its vehicles.</p><p>It may now have found a solution with the two more Gigas, in Berlin and Texas, coming online. <b>Loup Fund</b> analyst <b>Gene Munster</b> expects the company to deliver 1.8 million vehicles in 2023.</p><p>Tesla closed Friday&#39;s session down 3% at $1,025.49.</p></body></html>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Where Will Tesla Stock Be In 2030? Analyst Weighs In</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\">\nWhere Will Tesla Stock Be In 2030? Analyst Weighs In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-10 11:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/22/04/26557373/where-will-tesla-stock-be-in-2030-analyst-weighs-in><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Inc.TSLAshares barely budged despite all the hype surrounding the Cyber Rodeo event held this week. All the same, one analyst is confident that the stock will hit top gear and keep rising over ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/22/04/26557373/where-will-tesla-stock-be-in-2030-analyst-weighs-in\">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.benzinga.com/analyst-ratings/analyst-color/22/04/26557373/where-will-tesla-stock-be-in-2030-analyst-weighs-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187763771","content_text":"Tesla, Inc.TSLAshares barely budged despite all the hype surrounding the Cyber Rodeo event held this week. All the same, one analyst is confident that the stock will hit top gear and keep rising over the next decade.What Happened: Tesla stock will go from a market capitalization of a little over $1 trillion currently to $10 trillion by 2030, New Street Research analyst Pierre Ferragu said in a tweet. The analyst said the Tesla growth story is slowly taking hold and the company is on track to see unprecedented scale and capture 20% of the auto market.Ferragu, however, cautioned that his estimate is neither a forecast nor an investment recommendation, leaving it open to investors to decide for themselves.The analyst's 2030 look ahead assumes 20 million units of vehicle sales and an average selling price of $35,000, translating to vehicle sales of $700 billion. About $1.5 billion will likely come from insurance, $35 billion-$70 billion from full-self driving software and $250 billion from energy, with real AI providing option value.The total 2030 revenue will likely come in at $1 trillion, the analyst estimates. Applying a multiple of 8-10 times on estimated sales, the company's valuation will gallop to about $10 trillion, he added.Where Will This Leave Tesla Stock: Tesla's outstanding share count is currently at 1.03 billion. If the share count remains unchanged, the per-share value of Tesla would be around $9,710.Tesla detractors and skeptical investors may debate the credibility of Ferragu's model. Nevertheless, the company is poised to see superlative growth over the coming years. Tesla, according to many sell-side analysts, is not able to keep pace with the surging demand for its vehicles.It may now have found a solution with the two more Gigas, in Berlin and Texas, coming online. Loup Fund analyst Gene Munster expects the company to deliver 1.8 million vehicles in 2023.Tesla closed Friday's session down 3% at $1,025.49.","news_type":1},"isVote":1,"tweetType":1,"viewCount":205,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035035258,"gmtCreate":1647472438514,"gmtModify":1676534233144,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Bounce back...&nbsp;","listText":"Bounce back...&nbsp;","text":"Bounce back...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035035258","repostId":"1149772623","repostType":4,"repost":{"id":"1149772623","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":1647437741,"share":"https://ttm.financial/m/news/1149772623?lang=&edition=fundamental","pubTime":"2022-03-16 21:35","market":"us","language":"en","title":"Some Chinese ADRs Soared in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1149772623","media":"Tiger Newspress","summary":"DiDi, Pinduoduo, Zhihu, KE and Kanzhun surged between 20% and 50%.","content":"<html><head></head><body><p>DiDi, Pinduoduo, Zhihu, KE and Kanzhun surged between 20% and 50%.<img src=\"https://static.tigerbbs.com/1f8f09dfaf8ae13230a08b9f5820f105\" tg-width=\"626\" tg-height=\"564\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Some Chinese ADRs Soared in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSome Chinese ADRs Soared in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-03-16 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>DiDi, Pinduoduo, Zhihu, KE and Kanzhun surged between 20% and 50%.<img src=\"https://static.tigerbbs.com/1f8f09dfaf8ae13230a08b9f5820f105\" tg-width=\"626\" tg-height=\"564\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BEKE":"贝壳","PDD":"拼多多","BZ":"BOSS直聘","ZH":"知乎","DIDI":"滴滴(已退市)"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149772623","content_text":"DiDi, Pinduoduo, Zhihu, KE and Kanzhun surged between 20% and 50%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9035032710,"gmtCreate":1647472378472,"gmtModify":1676534233136,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Let's get back to normalcy. That's good news.","listText":"Let's get back to normalcy. That's good news.","text":"Let's get back to normalcy. That's good news.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9035032710","repostId":"1189260494","repostType":4,"repost":{"id":"1189260494","pubTimestamp":1647441827,"share":"https://ttm.financial/m/news/1189260494?lang=&edition=fundamental","pubTime":"2022-03-16 22:43","market":"us","language":"en","title":"Ukraine and Russia Draw up Neutrality Plan to End War","url":"https://stock-news.laohu8.com/highlight/detail?id=1189260494","media":"Financial Times","summary":"Ukraine and Russia have made significant progress on a tentative 15-point peace plan including a cea","content":"<html><head></head><body><p>Ukraine and Russia have made significant progress on a tentative 15-point peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits on its armed forces, according to three people involved in the talks.</p><p>The proposed deal, which Ukrainian and Russian negotiators discussed in full for the first time on Monday, would involve Kyiv renouncing its ambitions to join Nato and promising not to host foreign military bases or weaponry in exchange for protection from allies such as the US, UK and Turkey, the people said.</p><p>The nature of western guarantees for Ukrainian security — and their acceptability to Moscow — could yet prove to be a big obstacle to any deal, as could the status of Ukrainian territories seized by Russia and its proxies in 2014. A 1994 agreement underpinning Ukrainian security failed to prevent Russian aggression against its neighbour.</p><p>Although Moscow and Kyiv both said on Wednesday that they had made progress on the terms of a deal, Ukrainian officials remain sceptical Russian President Vladimir Putin is fully committed to peace and worry that Moscow could be buying time to regroup its forces and resume its offensive.</p><p>Mykhailo Podolyak, a senior adviser to Ukrainian President Volodymyr Zelensky, told the Financial Times that any deal would involve “the troops of the Russian Federation in any case leaving the territory of Ukraine” captured since the invasion began on February 24 — namely southern regions along the Azov and Black Seas, as well as territory to the east and north of Kyiv.</p><p>Ukraine would maintain its armed forces but would be obliged to stay outside military alliances such as Nato and refrain from hosting foreign military bases on its territory.</p><p>Putin’s press secretary Dmitry Peskov told reporters on Wednesday that neutrality for Ukraine based on the status of Austria or Sweden was a possibility.</p><p>“This option is really being discussed now, and is one that can be considered neutral,” said Peskov.</p><p>Sergei Lavrov, Russia’s foreign minister, said that “absolutely specific wordings” were “close to being agreed” in the negotiations.</p><p>Despite the progress in peace talks, Ukrainian cities came under heavy shelling for a third consecutive night while Kyiv said it was launching a counter-offensive against Russian invaders.</p><p>In a virtual address to members of Congress on Wednesday, Zelensky pleaded for the US to enforce a no-fly zone or provide fighter jets or other means to fend off Russia’s attack on his country, and impose harsher economic sanctions on Moscow.</p><p>In a dramatic appeal, Zelensky said Ukraine needed America’s support after Russia had launched a “brutal offensive against our values”. He called on Americans to remember the attacks on Pearl Harbor and of September 2001 and showed a searing video of the missile attacks and shelling destroying Ukrainian cities.</p><p>Though Ukraine’s constitution commits it to seeking membership of Nato, Zelensky and his aides have increasingly played down Ukraine’s chances of joining the transatlantic military alliance, a prospect that Russia sees as a provocation.</p><p>“There is no effective system of European security now, which would be moderated by Nato. As soon as a serious war began in Europe, Nato quickly stepped aside,” Podolyak said.</p><p>“We propose a ‘Ukrainian model of security guarantees,’ which implies the immediate and legally verified participation of a number of guarantor countries in the conflict on the side of Ukraine, if someone again encroaches on its territorial integrity,” he added.</p><p>Ukraine, Podolyak added, would as part of any deal “definitely retain its own army”. He also played down the significance of a ban on foreign bases in Ukraine, saying that was already precluded by Ukrainian law.</p><p>Two of the people said the putative deal also included provisions on enshrining rights for the Russian language in Ukraine, where it is widely spoken though Ukrainian is the only official language. Russia has framed its invasion as an attempt to protect Russian speakers in Ukraine from what it claims is “genocide” by “neo-Nazis”.</p><p>Podolyak said “humanitarian issues, including language issues, are discussed only through the prism of Ukraine’s exclusive interests”.</p><p>The biggest sticking point remains Russia’s demand that Ukraine recognise its 2014 annexation of Crimea and the independence of two separatist statelets in the eastern Donbas border region.</p><p>Ukraine has so far refused but is willing to compartmentalise the issue, Podolyak said.</p><p>“Disputed and conflict territories [are] in a separate case. So far, we are talking about a guaranteed withdrawal from the territories that have been occupied since the start of the military operation on February 24,” when Russia’s invasion began, he said.</p><p></p></body></html>","source":"lsy1580170736413","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>Ukraine and Russia Draw up Neutrality Plan to End War</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\">\nUkraine and Russia Draw up Neutrality Plan to End War\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-16 22:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/7b341e46-d375-4817-be67-802b7fa77ef1><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ukraine and Russia have made significant progress on a tentative 15-point peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits on its armed forces, ...</p>\n\n<a href=\"https://www.ft.com/content/7b341e46-d375-4817-be67-802b7fa77ef1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://www.ft.com/content/7b341e46-d375-4817-be67-802b7fa77ef1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189260494","content_text":"Ukraine and Russia have made significant progress on a tentative 15-point peace plan including a ceasefire and Russian withdrawal if Kyiv declares neutrality and accepts limits on its armed forces, according to three people involved in the talks.The proposed deal, which Ukrainian and Russian negotiators discussed in full for the first time on Monday, would involve Kyiv renouncing its ambitions to join Nato and promising not to host foreign military bases or weaponry in exchange for protection from allies such as the US, UK and Turkey, the people said.The nature of western guarantees for Ukrainian security — and their acceptability to Moscow — could yet prove to be a big obstacle to any deal, as could the status of Ukrainian territories seized by Russia and its proxies in 2014. A 1994 agreement underpinning Ukrainian security failed to prevent Russian aggression against its neighbour.Although Moscow and Kyiv both said on Wednesday that they had made progress on the terms of a deal, Ukrainian officials remain sceptical Russian President Vladimir Putin is fully committed to peace and worry that Moscow could be buying time to regroup its forces and resume its offensive.Mykhailo Podolyak, a senior adviser to Ukrainian President Volodymyr Zelensky, told the Financial Times that any deal would involve “the troops of the Russian Federation in any case leaving the territory of Ukraine” captured since the invasion began on February 24 — namely southern regions along the Azov and Black Seas, as well as territory to the east and north of Kyiv.Ukraine would maintain its armed forces but would be obliged to stay outside military alliances such as Nato and refrain from hosting foreign military bases on its territory.Putin’s press secretary Dmitry Peskov told reporters on Wednesday that neutrality for Ukraine based on the status of Austria or Sweden was a possibility.“This option is really being discussed now, and is one that can be considered neutral,” said Peskov.Sergei Lavrov, Russia’s foreign minister, said that “absolutely specific wordings” were “close to being agreed” in the negotiations.Despite the progress in peace talks, Ukrainian cities came under heavy shelling for a third consecutive night while Kyiv said it was launching a counter-offensive against Russian invaders.In a virtual address to members of Congress on Wednesday, Zelensky pleaded for the US to enforce a no-fly zone or provide fighter jets or other means to fend off Russia’s attack on his country, and impose harsher economic sanctions on Moscow.In a dramatic appeal, Zelensky said Ukraine needed America’s support after Russia had launched a “brutal offensive against our values”. He called on Americans to remember the attacks on Pearl Harbor and of September 2001 and showed a searing video of the missile attacks and shelling destroying Ukrainian cities.Though Ukraine’s constitution commits it to seeking membership of Nato, Zelensky and his aides have increasingly played down Ukraine’s chances of joining the transatlantic military alliance, a prospect that Russia sees as a provocation.“There is no effective system of European security now, which would be moderated by Nato. As soon as a serious war began in Europe, Nato quickly stepped aside,” Podolyak said.“We propose a ‘Ukrainian model of security guarantees,’ which implies the immediate and legally verified participation of a number of guarantor countries in the conflict on the side of Ukraine, if someone again encroaches on its territorial integrity,” he added.Ukraine, Podolyak added, would as part of any deal “definitely retain its own army”. He also played down the significance of a ban on foreign bases in Ukraine, saying that was already precluded by Ukrainian law.Two of the people said the putative deal also included provisions on enshrining rights for the Russian language in Ukraine, where it is widely spoken though Ukrainian is the only official language. Russia has framed its invasion as an attempt to protect Russian speakers in Ukraine from what it claims is “genocide” by “neo-Nazis”.Podolyak said “humanitarian issues, including language issues, are discussed only through the prism of Ukraine’s exclusive interests”.The biggest sticking point remains Russia’s demand that Ukraine recognise its 2014 annexation of Crimea and the independence of two separatist statelets in the eastern Donbas border region.Ukraine has so far refused but is willing to compartmentalise the issue, Podolyak said.“Disputed and conflict territories [are] in a separate case. So far, we are talking about a guaranteed withdrawal from the territories that have been occupied since the start of the military operation on February 24,” when Russia’s invasion began, he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9030351555,"gmtCreate":1645654116702,"gmtModify":1676534048453,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Terrible look at tesla up then slide all the way to close.","listText":"Terrible look at tesla up then slide all the way to close.","text":"Terrible look at tesla up then slide all the way to close.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9030351555","repostId":"1162681252","repostType":4,"repost":{"id":"1162681252","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":1645629911,"share":"https://ttm.financial/m/news/1162681252?lang=&edition=fundamental","pubTime":"2022-02-23 23:25","market":"us","language":"en","title":"Nasdaq, S&P 500 Index Turn Negative Early Wednesday After Opening Gains Fizzle","url":"https://stock-news.laohu8.com/highlight/detail?id=1162681252","media":"Tiger Newspress","summary":"Nasdaq Composite, Dow And S&P 500 Turn Negative Early Wednesday After Opening Gains Fizzle.Nasdaq Co","content":"<html><head></head><body><p>Nasdaq Composite, Dow And S&amp;P 500 Turn Negative Early Wednesday After Opening Gains Fizzle.</p><p>Nasdaq Composite down 0.3% at press time, S&amp;P 500 down 0.21%, Dow down 0.23%.</p><p><img src=\"https://static.tigerbbs.com/a0a029c15afe5356067a8c022d37ed9d\" tg-width=\"1080\" tg-height=\"476\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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>Nasdaq, S&P 500 Index Turn Negative Early Wednesday After Opening Gains Fizzle</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\">\nNasdaq, S&P 500 Index Turn Negative Early Wednesday After Opening Gains Fizzle\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\">2022-02-23 23:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nasdaq Composite, Dow And S&amp;P 500 Turn Negative Early Wednesday After Opening Gains Fizzle.</p><p>Nasdaq Composite down 0.3% at press time, S&amp;P 500 down 0.21%, Dow down 0.23%.</p><p><img src=\"https://static.tigerbbs.com/a0a029c15afe5356067a8c022d37ed9d\" tg-width=\"1080\" tg-height=\"476\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162681252","content_text":"Nasdaq Composite, Dow And S&P 500 Turn Negative Early Wednesday After Opening Gains Fizzle.Nasdaq Composite down 0.3% at press time, S&P 500 down 0.21%, Dow down 0.23%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184752018882600,"gmtCreate":1686129854035,"gmtModify":1686129858622,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"Hello learning things as I embark on quizzes&nbsp;","listText":"Hello learning things as I embark on quizzes&nbsp;","text":"Hello learning things as I embark on quizzes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/184752018882600","isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043889791,"gmtCreate":1655905148513,"gmtModify":1676535728993,"author":{"id":"4108361598123780","authorId":"4108361598123780","name":"Eng22","avatar":"https://community-static.tradeup.com/news/87702ff0fa20d55c9799c3d1e1f8a769","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"idStr":"4108361598123780","authorIdStr":"4108361598123780"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AMD\">$AMD(AMD)$</a>&nbsp;looking to the 100? Hope it won't take too long&nbsp;","listText":"<a href=\"https://ttm.financial/S/AMD\">$AMD(AMD)$</a>&nbsp;looking to the 100? Hope it won't take too long&nbsp;","text":"$AMD(AMD)$ looking to the 100? Hope it won't take too long","images":[{"img":"https://community-static.tradeup.com/news/2f893a3246892dfe28f0712488c964b1","width":"1080","height":"3174"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043889791","isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}