SharRonnie personal page - To The Moon

SharRonnie

SharRonnie

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2023-04-16

[Happy] [Happy]

2023-04-12

Disney

2023-04-08

Win Disney Shares!!

@TigerEvents:【Game】Easter Egg Hunting with Tiger, Win Disney Shares and USD 120 Voucher

2023-04-07

Disney share!!

2023-04-06

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Apple Stock: Bear vs. Bull

2023-03-29

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Crypto Shares Gained in Premarket Trading, With Marathon Digital Surging over 8%

2023-03-24

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Apple to Splash $1 Billion a Year on Films to Break Into Cinemas

2023-02-22

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IQIYI Non-GAAP EPADS of $0.14 Beats By $0.07, Revenue of $1.1B Beats By $10M

2023-02-22

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Coinbase Earnings: Revenue, Losses Beat Expectations As Volumes Plunge to Cap 2022

2023-02-03

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Nasdaq, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%

2023-02-03

Nice

Coinbase Wins Dismissal of Lawsuit Over Unregistered Securities

2023-02-02

[Smile]

Coinbase Undervalued And Could Offer Earnings Surprise

2023-01-25

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Will Coinbase Be a Trillion-Dollar Company by 2040?

2023-01-17

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2023-01-03

Please don't

7 Stocks That Are About to Get Absolutely Crushed

2022-12-07

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2022-11-30

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2022-11-25

Wow

Binance to Commit $1B for Crypto Recovery Initiative

2022-11-23

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Apple: The Last FANG Standing

2022-11-22

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Apple And Taiwan Semiconductor: Let's Ask Buffett

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Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","listText":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣<a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/easter/?adcode=20230316162207#/\" target=\"_blank\">Join our Easter campaign now</a>","text":"🐰🌷 Hop into the Easter spirit and join our \"Tiger's Egg Hunting\" game! 🎉Stand to win free Disney stocks and a USD 120 cash voucher!🎁🌟Our interactive Easter game is open to Tigers, and it's so easy to play! Simply jump and catch the egg, and you could be a lucky winner. 🐇That's not all. You can also invite your friends to join in the fun to earn more points. Plus, you can challenge your friends for a race up the leaderboard. Let's fly to the moon together!Don't miss out on this egg-citing opportunity to win BIG! Join the game now and hop on your way to victory. 🥳🐣Join our Easter campaign now","images":[{"img":"https://community-static.tradeup.com/news/c90a7371a3bcd1e6c552d2aa23f72c33","width":"1200","height":"630"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943960936","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9946094304,"gmtCreate":1680801460309,"gmtModify":1680801464137,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Disney share!!","listText":"Disney share!!","text":"Disney share!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9946094304","isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9948409373,"gmtCreate":1680754611592,"gmtModify":1680754615110,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9948409373","repostId":"2325936495","repostType":2,"repost":{"id":"2325936495","pubTimestamp":1680733800,"share":"https://www.laohu8.com/m/news/2325936495?lang=&edition=full","pubTime":"2023-04-06 06:30","market":"us","language":"en","title":"Apple Stock: Bear vs. Bull","url":"https://stock-news.laohu8.com/highlight/detail?id=2325936495","media":"Motley Fool","summary":"The company could be headed toward disaster with an upcoming venture into an unproven market.","content":"<html><head></head><body><h2 style=\"text-align: start;\">KEY POINTS</h2><ul><li><p>Apple proved its strength in 2022 by outperforming many of its competitors.</p></li><li><p>However, bears are increasingly concerned about the company&#39;s soon-to-be-released VR/AR headset.</p></li><li><p>Success in digital services could mean the company still comes out on top.</p></li></ul><p>Last year was tough for the tech industry, with countless stocks affected by a sell-off. Some of the world&#39;s most valuable companies were hit hard by steep rises in inflation, curbing consumer spending. However, the economically challenging year brought to light the strengths and weaknesses of many businesses. For instance, <strong>Apple</strong> (AAPL -0.33%) proved its resilience by outperforming many of its peers throughout 2022. </p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be84d1f7bba9a961a90d2a4bc63ef317\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"720\" tg-height=\"533\"/><span>Data by YCharts</span></p><p></p><p>Apple amassed immense brand loyalty over the years thanks to the priority it places on quality and an interconnected product strategy, which promotes ease of use. As a result, its stock offers consistent gains over the long term.</p><p>However, before investing in this tech giant, you&#39;ll want to be aware of both its pros and cons. Here&#39;s the bear vs. bull for Apple&#39;s stock. </p><h2>Bear: Potential roadblocks when entering a new market</h2><p>In January, Bloomberg reported Apple has plans to launch its first virtual/augmented reality (VR/AR) headset in 2023 after years of speculation. The new device is expected to feature VR and AR capabilities, presented with an iPhone-like interface, and cost around $3,000. However, Apple could face obstacles in succeeding in its new venture amid an uncertain time for the industry. </p><p>VR has experienced a slight resurgence in recent years, boosted by <strong>Meta</strong>&#39;s Quest line of headsets and its push to grow what it calls the metaverse, or the next version of the internet. As a result, the Facebook owner achieved an 81% market in the VR and AR industry in the fourth quarter of 2022, according to Counterpoint Research. Despite Meta&#39;s efforts, however, the technology continues to have low adoption rates from consumers, with <strong>Microsoft</strong> and <strong>Disney</strong> recently shuttering their metaverse divisions after seeing a lack of engaging content.</p><p>Apple has a long history of succeeding when entering new markets, proven by its leading 34.4% market share in headphones after releasing the first AirPods in 2016, despite the presence of established brands such as Bose and <strong>Sony</strong>. However, the VR/AR market is still in its infancy, with its future largely uncertain. Apple will have its work cut out for it to overcome Meta&#39;s dominance and convince consumers to embrace the technology.</p><p>If any company could succeed in VR/AR, it would likely be Apple. However, if its coming headset doesn&#39;t pay off, a failed launch could be detrimental to its stock price. </p><h2>Bull: Apple has a swiftly expanding digital service business</h2><p>Despite potential trouble in its products, Apple&#39;s digital services business holds great promise. The company&#39;s current services library includes Apple TV+, Music, Fitness+, iCloud, and more, all accessible through a monthly subscription. In fiscal 2022, Apple&#39;s services segment earned the second-largest amount of revenue and reported growth of 14%, double the iPhone&#39;s 7%.</p><p>Apple&#39;s expansion into digital services allows it to lean less on the success of its products, which can fluctuate quarter to quarter and are more prone to disruptions from economic conditions. Services also offer attractive profit margins, with the segment hitting 71.7% profitability in 2022 while physical products&#39; margins were 36.3%.</p><p>On March 30, Apple furthered its venture into services by launching its first buy now, pay later (BNPL) program in the U.S., taking on companies like <strong>Affirm</strong> and Klarna. Named Apple Pay Later, the new program will allow consumers to split purchases costing between $50 and $1,000 over six weeks. Apple Pay Later sees the company using its power in services to boost the sales of its product, which will likely attract more consumers who otherwise would have bought from the competition. </p><h2>Is Apple stock a buy?</h2><p>Apple shares soared 294% in the last five years and 977% in the last ten years. The company has built itself into a tech behemoth, amassing the largest market cap in the world and offering investors consistent gains over the long term. </p><p>The company may face headwinds in the short term with its coming headset. However, with $20.54 billion in cash and equivalents as of Dec. 30, Apple has the funds and industry dominance to flourish in the long run. Meanwhile, its lucrative services business will likely continue boosting earnings for years. </p><p>As a result, Apple&#39;s stock is a no-brainer buy right now. </p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: Bear vs. Bull</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: Bear vs. Bull\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-06 06:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/05/apple-stock-bear-vs-bull/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSApple proved its strength in 2022 by outperforming many of its competitors.However, bears are increasingly concerned about the company's soon-to-be-released VR/AR headset.Success in digital ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/05/apple-stock-bear-vs-bull/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4574":"无人驾驶","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","BK4573":"虚拟现实","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","AAPL":"苹果","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4512":"苹果概念","LU0109391861.USD":"富兰克林美国机遇基金A Acc","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0170899867.USD":"EASTSPRING INVESTMENTS WORLD VALUE EQUITY  \"A\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","LU0642271901.SGD":"Janus Henderson Horizon Global Technology Leaders A2 SGD-H","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","LU0056508442.USD":"贝莱德世界科技基金A2","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4553":"喜马拉雅资本持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","BK4576":"AR","LU0097036916.USD":"贝莱德美国增长A2 USD","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","BK4559":"巴菲特持仓","BK4527":"明星科技股","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0444971666.USD":"天利全球科技基金","LU0289961442.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"AX\" (SGD) ACC","BK4579":"人工智能","BK4550":"红杉资本持仓","LU0149725797.USD":"汇丰美国股市经济规模基金"},"source_url":"https://www.fool.com/investing/2023/04/05/apple-stock-bear-vs-bull/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2325936495","content_text":"KEY POINTSApple proved its strength in 2022 by outperforming many of its competitors.However, bears are increasingly concerned about the company's soon-to-be-released VR/AR headset.Success in digital services could mean the company still comes out on top.Last year was tough for the tech industry, with countless stocks affected by a sell-off. Some of the world's most valuable companies were hit hard by steep rises in inflation, curbing consumer spending. However, the economically challenging year brought to light the strengths and weaknesses of many businesses. For instance, Apple (AAPL -0.33%) proved its resilience by outperforming many of its peers throughout 2022. Data by YChartsApple amassed immense brand loyalty over the years thanks to the priority it places on quality and an interconnected product strategy, which promotes ease of use. As a result, its stock offers consistent gains over the long term.However, before investing in this tech giant, you'll want to be aware of both its pros and cons. Here's the bear vs. bull for Apple's stock. Bear: Potential roadblocks when entering a new marketIn January, Bloomberg reported Apple has plans to launch its first virtual/augmented reality (VR/AR) headset in 2023 after years of speculation. The new device is expected to feature VR and AR capabilities, presented with an iPhone-like interface, and cost around $3,000. However, Apple could face obstacles in succeeding in its new venture amid an uncertain time for the industry. VR has experienced a slight resurgence in recent years, boosted by Meta's Quest line of headsets and its push to grow what it calls the metaverse, or the next version of the internet. As a result, the Facebook owner achieved an 81% market in the VR and AR industry in the fourth quarter of 2022, according to Counterpoint Research. Despite Meta's efforts, however, the technology continues to have low adoption rates from consumers, with Microsoft and Disney recently shuttering their metaverse divisions after seeing a lack of engaging content.Apple has a long history of succeeding when entering new markets, proven by its leading 34.4% market share in headphones after releasing the first AirPods in 2016, despite the presence of established brands such as Bose and Sony. However, the VR/AR market is still in its infancy, with its future largely uncertain. Apple will have its work cut out for it to overcome Meta's dominance and convince consumers to embrace the technology.If any company could succeed in VR/AR, it would likely be Apple. However, if its coming headset doesn't pay off, a failed launch could be detrimental to its stock price. Bull: Apple has a swiftly expanding digital service businessDespite potential trouble in its products, Apple's digital services business holds great promise. The company's current services library includes Apple TV+, Music, Fitness+, iCloud, and more, all accessible through a monthly subscription. In fiscal 2022, Apple's services segment earned the second-largest amount of revenue and reported growth of 14%, double the iPhone's 7%.Apple's expansion into digital services allows it to lean less on the success of its products, which can fluctuate quarter to quarter and are more prone to disruptions from economic conditions. Services also offer attractive profit margins, with the segment hitting 71.7% profitability in 2022 while physical products' margins were 36.3%.On March 30, Apple furthered its venture into services by launching its first buy now, pay later (BNPL) program in the U.S., taking on companies like Affirm and Klarna. Named Apple Pay Later, the new program will allow consumers to split purchases costing between $50 and $1,000 over six weeks. Apple Pay Later sees the company using its power in services to boost the sales of its product, which will likely attract more consumers who otherwise would have bought from the competition. Is Apple stock a buy?Apple shares soared 294% in the last five years and 977% in the last ten years. The company has built itself into a tech behemoth, amassing the largest market cap in the world and offering investors consistent gains over the long term. The company may face headwinds in the short term with its coming headset. However, with $20.54 billion in cash and equivalents as of Dec. 30, Apple has the funds and industry dominance to flourish in the long run. Meanwhile, its lucrative services business will likely continue boosting earnings for years. As a result, Apple's stock is a no-brainer buy right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9941143372,"gmtCreate":1680079012896,"gmtModify":1680079016336,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9941143372","repostId":"1128519490","repostType":4,"repost":{"id":"1128519490","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":1680078825,"share":"https://www.laohu8.com/m/news/1128519490?lang=&edition=full","pubTime":"2023-03-29 16:33","market":"us","language":"en","title":"Crypto Shares Gained in Premarket Trading, With Marathon Digital Surging over 8%","url":"https://stock-news.laohu8.com/highlight/detail?id=1128519490","media":"Tiger Newspress","summary":"Crypto shares gained in premarket trading.Marathon Digital rose over 8%; Riot Blockchain rose over 7","content":"<html><head></head><body><p>Crypto shares gained in premarket trading.</p><p>Marathon Digital rose over 8%; Riot Blockchain rose over 7%; Canaan rose over 5%; Coinbase rose over 3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76266bac36fc2298690380fec40edd4e\" title=\"\" tg-width=\"426\" tg-height=\"441\"/></p><p>Bitcoin and other cryptocurrencies jumped Wednesday, rebounding from a selloff this week amid regulatory pressures on industry giant Binance and returning to a bullish streak that has defined trading for much of the year.</p><p style=\"text-align: start;\">The price of Bitcoin has risen 6% over the past 24 hours to $28,500, a level reached last week for the first time since June 2022, when the crypto crash accelerated with a string of business failures across the sector.</p><p>“Investors’ appetite for a bit more risk is returning,” said Susannah Streeter, an analyst at broker Hargreaves Lansdown. “There are growing expectations that the Federal Reserve may hike interest rates again at the next meeting, but it’s still believed to be close to the summit of peak rates, particularly as banking lending is expected to tighten, causing a drag on the economy.”</p><p>Indeed, Bitcoin has led stocks higher in recent weeks—outperforming the Dow Jones Industrial Average and S&amp;P 500 —amid expectations that the Fed will become more accommodative on monetary policy. A spate of interest-rate hikes over the past year has hammered demand for assets most sensitive to risk, like stocks and cryptos, but traders now hope the worst of this inflation-fighting campaign is done.</p><p>The regulatory backdrop is far from clear, but traders are likely to continue taking cues from the macro picture in the short term. That could offer an opportunity for Bitcoin to top the psychologically key $30,000 level—a zone prices haven’t seen since the bear market got more ferocious last summer. And there’s a road to even higher price levels.</p><p>“Bitcoin has confirmed a breakout above former resistance of around $25,200 in a positive intermediate-term development, suggesting a base is in place,” said Katie Stockton, managing partner at technical research firm Fairlead Strategies, detailing that Bitcoin now faces strong support around the $25,000 level.</p><p>“Secondary resistance is near $35,900,” Stockton said. “Long-term momentum has turned the corner in favor of Bitcoin, which is being seen as the crypto market leader.”</p><p>Beyond Bitcoin, Ether —the second-largest crypto—advanced 5% to $1,825. Smaller cryptos or altcoins were even more buoyant, with Cardano ripping 11% higher and Polygon popping 8%. It was more of the same for memecoins, with Dogecoin jumping 6% and Shiba Inu up 5%.</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>Crypto Shares Gained in Premarket Trading, With Marathon Digital Surging over 8%</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\">\nCrypto Shares Gained in Premarket Trading, With Marathon Digital Surging over 8%\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\">2023-03-29 16:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto shares gained in premarket trading.</p><p>Marathon Digital rose over 8%; Riot Blockchain rose over 7%; Canaan rose over 5%; Coinbase rose over 3%.</p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/76266bac36fc2298690380fec40edd4e\" title=\"\" tg-width=\"426\" tg-height=\"441\"/></p><p>Bitcoin and other cryptocurrencies jumped Wednesday, rebounding from a selloff this week amid regulatory pressures on industry giant Binance and returning to a bullish streak that has defined trading for much of the year.</p><p style=\"text-align: start;\">The price of Bitcoin has risen 6% over the past 24 hours to $28,500, a level reached last week for the first time since June 2022, when the crypto crash accelerated with a string of business failures across the sector.</p><p>“Investors’ appetite for a bit more risk is returning,” said Susannah Streeter, an analyst at broker Hargreaves Lansdown. “There are growing expectations that the Federal Reserve may hike interest rates again at the next meeting, but it’s still believed to be close to the summit of peak rates, particularly as banking lending is expected to tighten, causing a drag on the economy.”</p><p>Indeed, Bitcoin has led stocks higher in recent weeks—outperforming the Dow Jones Industrial Average and S&amp;P 500 —amid expectations that the Fed will become more accommodative on monetary policy. A spate of interest-rate hikes over the past year has hammered demand for assets most sensitive to risk, like stocks and cryptos, but traders now hope the worst of this inflation-fighting campaign is done.</p><p>The regulatory backdrop is far from clear, but traders are likely to continue taking cues from the macro picture in the short term. That could offer an opportunity for Bitcoin to top the psychologically key $30,000 level—a zone prices haven’t seen since the bear market got more ferocious last summer. And there’s a road to even higher price levels.</p><p>“Bitcoin has confirmed a breakout above former resistance of around $25,200 in a positive intermediate-term development, suggesting a base is in place,” said Katie Stockton, managing partner at technical research firm Fairlead Strategies, detailing that Bitcoin now faces strong support around the $25,000 level.</p><p>“Secondary resistance is near $35,900,” Stockton said. “Long-term momentum has turned the corner in favor of Bitcoin, which is being seen as the crypto market leader.”</p><p>Beyond Bitcoin, Ether —the second-largest crypto—advanced 5% to $1,825. Smaller cryptos or altcoins were even more buoyant, with Cardano ripping 11% higher and Polygon popping 8%. It was more of the same for memecoins, with Dogecoin jumping 6% and Shiba Inu up 5%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQ":"Block","RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc.","MSTR":"MicroStrategy Incorporated","MARA":"Marathon Digital Holdings Inc","CAN":"嘉楠科技"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128519490","content_text":"Crypto shares gained in premarket trading.Marathon Digital rose over 8%; Riot Blockchain rose over 7%; Canaan rose over 5%; Coinbase rose over 3%.Bitcoin and other cryptocurrencies jumped Wednesday, rebounding from a selloff this week amid regulatory pressures on industry giant Binance and returning to a bullish streak that has defined trading for much of the year.The price of Bitcoin has risen 6% over the past 24 hours to $28,500, a level reached last week for the first time since June 2022, when the crypto crash accelerated with a string of business failures across the sector.“Investors’ appetite for a bit more risk is returning,” said Susannah Streeter, an analyst at broker Hargreaves Lansdown. “There are growing expectations that the Federal Reserve may hike interest rates again at the next meeting, but it’s still believed to be close to the summit of peak rates, particularly as banking lending is expected to tighten, causing a drag on the economy.”Indeed, Bitcoin has led stocks higher in recent weeks—outperforming the Dow Jones Industrial Average and S&P 500 —amid expectations that the Fed will become more accommodative on monetary policy. A spate of interest-rate hikes over the past year has hammered demand for assets most sensitive to risk, like stocks and cryptos, but traders now hope the worst of this inflation-fighting campaign is done.The regulatory backdrop is far from clear, but traders are likely to continue taking cues from the macro picture in the short term. That could offer an opportunity for Bitcoin to top the psychologically key $30,000 level—a zone prices haven’t seen since the bear market got more ferocious last summer. And there’s a road to even higher price levels.“Bitcoin has confirmed a breakout above former resistance of around $25,200 in a positive intermediate-term development, suggesting a base is in place,” said Katie Stockton, managing partner at technical research firm Fairlead Strategies, detailing that Bitcoin now faces strong support around the $25,000 level.“Secondary resistance is near $35,900,” Stockton said. “Long-term momentum has turned the corner in favor of Bitcoin, which is being seen as the crypto market leader.”Beyond Bitcoin, Ether —the second-largest crypto—advanced 5% to $1,825. Smaller cryptos or altcoins were even more buoyant, with Cardano ripping 11% higher and Polygon popping 8%. It was more of the same for memecoins, with Dogecoin jumping 6% and Shiba Inu up 5%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9943575946,"gmtCreate":1679587884586,"gmtModify":1679587888421,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9943575946","repostId":"1190880638","repostType":2,"repost":{"id":"1190880638","pubTimestamp":1679573703,"share":"https://www.laohu8.com/m/news/1190880638?lang=&edition=full","pubTime":"2023-03-23 20:15","market":"us","language":"en","title":"Apple to Splash $1 Billion a Year on Films to Break Into Cinemas","url":"https://stock-news.laohu8.com/highlight/detail?id=1190880638","media":"Bloomberg","summary":"Tech giant is committing to multiple theatrical releasesCompany will use theaters to market its stre","content":"<html><head></head><body><ul><li>Tech giant is committing to multiple theatrical releases</li><li>Company will use theaters to market its streaming service</li></ul><p>Apple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service.</p><p>Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. The list of potential releases includes Martin Scorsese’s <i>Killers of the Flower Moon</i>, which stars Leonardo DiCaprio; the spy thriller <i>Argylle</i>, from director Matthew Vaughn; and <i>Napoleon,</i> Ridley Scott’s drama about the French conqueror<i>.</i>A spokesperson for Apple declined to comment.</p><p>The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. The company has pledged to put movies in thousands of theaters for at least a month, said the people, though it hasn’t finalized any plans.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c047345faaa6a2241158f7cc46ef41fd\" tg-width=\"1000\" tg-height=\"667\" width=\"100%\" height=\"auto\"/><span>Martin Scorsese  Photographer: Noam Galai/FilmMagic</span></p><p>While Apple has agreed to theatrical releases in order to please talent and outmaneuver competitors for projects, the company also views theaters as a way to build awareness for its TV+ streaming service. If the company is going to spend hundreds of millions of dollars on a Scorsese movie, it wants to turn that into a cultural event. Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+.</p><p>Apple still hasn’t figured out how it will distribute these movies in theaters. The company doesn’t have the expertise internally to release movies in thousands of cinemas worldwide at once, which is why it has approached third-party distributors. But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies.</p><p>Paramount Pictures will release the Scorsese movie in theaters because the project originated at that studio, and will collect a 10% distribution fee. The studio hasn’t agreed to distribute other titles for Apple.</p><p>Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series <i>Ted Lasso</i>. Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s <i>CODA</i>. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+.</p><p>Its previous movies didn’t receive the kind of theatrical release planned for the upcoming titles. <i>CODA</i> earned less than $2 million at the box office. <i>Cherry</i>, a crime drama starring Tom Holland, appeared in select theaters for a couple of weeks in 2021. Apple didn’t report its ticket sales.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d65b0325350e68187c603209ea1320d2\" tg-width=\"1000\" tg-height=\"562\" width=\"100%\" height=\"auto\"/><span>Troy Kotsur, left, and Marlee Matlin in a scene from “CODA.”Source: Apple TV+</span></p><p>Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far.</p><p>Apple’s plans will boost theater chains still struggling to recover from the pandemic. Ticket sales remain about a third below 2019 levels and two of the largest chains are on shaky financial footing. AMC Entertainment Holdings Inc., the world’s largest cinema operator, has sought to raise more cash by selling shares, while rival Cineworld Group Plc filed for bankruptcy last year. The chains have repeatedly blamed the dearth of available films from studios for their woes, rather than moviegoers’ lack of interest in returning to theaters.</p><p>More help should be on the way. Amazon, which acquired Metro-Goldwyn-Mayer, the studio behind the James Bond films, for $8.5 billion, aims to make between 12 and 15 movies annually that will get a theatrical release, Bloomberg News reported last year. Paramount, Walt Disney Co.and Warner Bros. Discovery Inc. are looking to increase their output of movies for theaters after experimenting with distributing films on streaming services alone.</p><p>The one outlier in this return to the theaters is Netflix Inc., which wants its movies to appear in theaters and online at the same time, or within a couple weeks. Major cinema chains have refused this arrangement. Netflix spends more on original movies than Amazon or Apple.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple to Splash $1 Billion a Year on Films to Break Into Cinemas</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 to Splash $1 Billion a Year on Films to Break Into Cinemas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-03-23 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-03-23/apple-to-splash-1-billion-a-year-on-films-to-break-into-cinemas?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech giant is committing to multiple theatrical releasesCompany will use theaters to market its streaming serviceApple Inc. plans to spend $1 billion a year to produce movies that will be released in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-03-23/apple-to-splash-1-billion-a-year-on-films-to-break-into-cinemas?srnd=premium\">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://www.bloomberg.com/news/articles/2023-03-23/apple-to-splash-1-billion-a-year-on-films-to-break-into-cinemas?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190880638","content_text":"Tech giant is committing to multiple theatrical releasesCompany will use theaters to market its streaming serviceApple Inc. plans to spend $1 billion a year to produce movies that will be released in theaters, according to people familiar with the company’s plans, part of an ambitious effort to raise its profile in Hollywood and lure subscribers to its streaming service.Apple has approached movie studios about partnering to release a few titles in theaters this year and a slate of more films in the future, said the people, who asked not to be identified because the plans are private. The list of potential releases includes Martin Scorsese’s Killers of the Flower Moon, which stars Leonardo DiCaprio; the spy thriller Argylle, from director Matthew Vaughn; and Napoleon, Ridley Scott’s drama about the French conqueror.A spokesperson for Apple declined to comment.The investment is a significant increase from years past. Most of Apple’s previous original movies have either been exclusive to the streaming service or released in a limited number of theaters. The company has pledged to put movies in thousands of theaters for at least a month, said the people, though it hasn’t finalized any plans.Martin Scorsese  Photographer: Noam Galai/FilmMagicWhile Apple has agreed to theatrical releases in order to please talent and outmaneuver competitors for projects, the company also views theaters as a way to build awareness for its TV+ streaming service. If the company is going to spend hundreds of millions of dollars on a Scorsese movie, it wants to turn that into a cultural event. Apple TV+ is estimated to have between 20 million and 40 million subscribers, fewer than rivals such as Netflix and Disney+.Apple still hasn’t figured out how it will distribute these movies in theaters. The company doesn’t have the expertise internally to release movies in thousands of cinemas worldwide at once, which is why it has approached third-party distributors. But first, Apple needs to come to terms on distribution fees and marketing budgets with potential partners. Movie studios can spend $100 million or more to market their biggest titles, far more than streaming services spend promoting new shows or movies.Paramount Pictures will release the Scorsese movie in theaters because the project originated at that studio, and will collect a 10% distribution fee. The studio hasn’t agreed to distribute other titles for Apple.Like most streaming services, Apple TV+ spends more of its budget on TV shows. Its first huge hit was the comedy series Ted Lasso. Yet Apple has been funding movies from the inception of its Hollywood studio and the smartphone maker’s ambitions in film have grown since it won an Academy Award for best picture for 2021’s CODA. Apple acquired that movie at the Sundance Film Festival for a record $25 million and distributed it simultaneously in theaters and on TV+.Its previous movies didn’t receive the kind of theatrical release planned for the upcoming titles. CODA earned less than $2 million at the box office. Cherry, a crime drama starring Tom Holland, appeared in select theaters for a couple of weeks in 2021. Apple didn’t report its ticket sales.Troy Kotsur, left, and Marlee Matlin in a scene from “CODA.”Source: Apple TV+Tech giants Apple and Amazon.com Inc. are increasing their investment in entertainment at the same time they are cutting costs elsewhere. Amazon has fired thousands of workers, while Apple is cutting costs without letting staff go so far.Apple’s plans will boost theater chains still struggling to recover from the pandemic. Ticket sales remain about a third below 2019 levels and two of the largest chains are on shaky financial footing. AMC Entertainment Holdings Inc., the world’s largest cinema operator, has sought to raise more cash by selling shares, while rival Cineworld Group Plc filed for bankruptcy last year. The chains have repeatedly blamed the dearth of available films from studios for their woes, rather than moviegoers’ lack of interest in returning to theaters.More help should be on the way. Amazon, which acquired Metro-Goldwyn-Mayer, the studio behind the James Bond films, for $8.5 billion, aims to make between 12 and 15 movies annually that will get a theatrical release, Bloomberg News reported last year. Paramount, Walt Disney Co.and Warner Bros. Discovery Inc. are looking to increase their output of movies for theaters after experimenting with distributing films on streaming services alone.The one outlier in this return to the theaters is Netflix Inc., which wants its movies to appear in theaters and online at the same time, or within a couple weeks. Major cinema chains have refused this arrangement. Netflix spends more on original movies than Amazon or Apple.","news_type":1},"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957102110,"gmtCreate":1677057537730,"gmtModify":1677057541524,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957102110","repostId":"1155752910","repostType":4,"repost":{"id":"1155752910","pubTimestamp":1677057319,"share":"https://www.laohu8.com/m/news/1155752910?lang=&edition=full","pubTime":"2023-02-22 17:15","market":"us","language":"en","title":"IQIYI Non-GAAP EPADS of $0.14 Beats By $0.07, Revenue of $1.1B Beats By $10M","url":"https://stock-news.laohu8.com/highlight/detail?id=1155752910","media":"Seeking Alpha","summary":"iQIYI press release(NASDAQ:IQ): Q4 Non-GAAP EPADS of $0.14 beats by $0.07.Revenue of $1.1B (-8.3% Y/","content":"<html><head></head><body><p>iQIYI press release(NASDAQ:IQ): Q4 Non-GAAP EPADS of $0.14 beats by $0.07.</p><p>Revenue of $1.1B (-8.3% Y/Y) beats by $10M.</p><p>The average daily number of total subscribing members for the quarter was 111.6M, compared to 97.0M for the same period in 2021and 101.0M for the third quarter in 2022.</p><p>The average daily number of subscribing members excluding individuals with trial memberships for the quarter was 110.9M, compared to 96.4M for the same period in 2021 and 100.2M for the third quarter in 2022.</p><p>The monthly average revenue per membership for the quarter was RMB14.17, compared to RMB14.16 for the same period in 2021 and RMB13.90 for the third quarter in 2022.</p><p>iQIYI shares jumped 5% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/67527bc1b55e6b34f4551e4fdb62187a\" tg-width=\"855\" tg-height=\"623\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"seekingalpha_fund","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>IQIYI Non-GAAP EPADS of $0.14 Beats By $0.07, Revenue of $1.1B Beats By $10M</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\">\nIQIYI Non-GAAP EPADS of $0.14 Beats By $0.07, Revenue of $1.1B Beats By $10M\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-22 17:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3938873-iqiyi-non-gaap-epads-of-014-beats-by-007-revenue-of-11b-beats-by-10m><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>iQIYI press release(NASDAQ:IQ): Q4 Non-GAAP EPADS of $0.14 beats by $0.07.Revenue of $1.1B (-8.3% Y/Y) beats by $10M.The average daily number of total subscribing members for the quarter was 111.6M, ...</p>\n\n<a href=\"https://seekingalpha.com/news/3938873-iqiyi-non-gaap-epads-of-014-beats-by-007-revenue-of-11b-beats-by-10m\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IQ":"爱奇艺"},"source_url":"https://seekingalpha.com/news/3938873-iqiyi-non-gaap-epads-of-014-beats-by-007-revenue-of-11b-beats-by-10m","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155752910","content_text":"iQIYI press release(NASDAQ:IQ): Q4 Non-GAAP EPADS of $0.14 beats by $0.07.Revenue of $1.1B (-8.3% Y/Y) beats by $10M.The average daily number of total subscribing members for the quarter was 111.6M, compared to 97.0M for the same period in 2021and 101.0M for the third quarter in 2022.The average daily number of subscribing members excluding individuals with trial memberships for the quarter was 110.9M, compared to 96.4M for the same period in 2021 and 100.2M for the third quarter in 2022.The monthly average revenue per membership for the quarter was RMB14.17, compared to RMB14.16 for the same period in 2021 and RMB13.90 for the third quarter in 2022.iQIYI shares jumped 5% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9957353596,"gmtCreate":1677032556915,"gmtModify":1677032560870,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9957353596","repostId":"2313596650","repostType":2,"repost":{"id":"2313596650","pubTimestamp":1677021656,"share":"https://www.laohu8.com/m/news/2313596650?lang=&edition=full","pubTime":"2023-02-22 07:20","market":"us","language":"en","title":"Coinbase Earnings: Revenue, Losses Beat Expectations As Volumes Plunge to Cap 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2313596650","media":"Yahoo Finance","summary":"Coinbase Global (COIN) reported fourth quarter results Tuesday afternoon that beat Wall Street expectations as revenue unexpectedly rose and losses for the full year were narrower than feared.After th","content":"<html><head></head><body><p>Coinbase Global (COIN) reported fourth quarter results Tuesday afternoon that beat Wall Street expectations as revenue unexpectedly rose and losses for the full year were narrower than feared.</p><p>After these earnings shares initially popped 6% in after hours trading, but near 4:45 p.m. ET were down closer to 1.4%.</p><p>Here are Coinbase’s key fourth quarter results against Wall Street expectations, according to data from Bloomberg:</p><ul><li><p>Revenue: $629<b> </b>million vs. $581.2 expected</p></li><li><p>Adjusted earnings per share: ($2.46) vs. ($2.44) expected</p></li><li><p>Adjusted EBITDA: ($124 million) vs. ($201.8 million) expected</p></li><li><p>Monthly transacting users (MTUs): 8.3 million versus expected 8.4 million</p></li></ul><p>&#34;To state the obvious, 2022 was a challenging year for crypto markets and our transaction revenues,&#34; Coinbase said in its letter to shareholders. &#34;As macroeconomic indicators like inflation remained high and interest rates rose throughout the year, crypto market cap declined along with broader equity markets.&#34;</p><p>Income from transaction fees came in at $322 million, just shy of estimates for $326 million. The platform&#39;s total customer assets fell to $80 billion, its lowest amount over the prior two years and shy of expectations for $88.8 billion.</p><p>Retail transaction volume shrank by 88% over the prior year while institutional transaction volumes fell by 66%.</p><p>&#34;Despite the market turmoil, our retail customers largely continued to &#39;hodl&#39; on Coinbase at levels similar to Q3,&#34; the company said. &#34;We believe this indicates that retail customers, on average, maintained long-term conviction in crypto and, assuming history repeats itself, are likely to become more active when market conditions improve.&#34;</p><p>For the full year, Coinbase reported an adjusted EBITDA loss of $371 million, narrower than the $500 million loss the company had tagged as the high-end of its estimated range. In 2023, the company said it plans, &#34;to improve full-year Adjusted EBITDA in absolute dollar terms on a year over year basis.&#34;</p><h2>Services revenue grows</h2><p>The major U.S. based exchange leaned heavier into its subscriptions and services revenue during the fourth quarter. This non-trading side of the business came in at $283 million, above expectations and accounted for roughly half of the platform&#39;s total revenue in Q4.</p><p>Though nothing in Coinbase&#39;s operations have changed, recent enforcement actions from the SEC have raised concerns the subscriptions and services revenue, particularly its staking, custody, and stablecoin revenue driving interest income could come under threat.</p><p>&#34;Disappointingly, we are not seeing regulators necessarily welcoming transparency and public participation in their rule-making. United States&#39; agencies, in particular, are demonstrating a disjointed stance regarding crypto that is pushing the industry overseas,&#34; Coinbase said.</p><p>Driven by Treasury yields, interest income rose to $131 million. Crypto staking rose 1% from the previous quarter to $62 million. Custodial fees were down 21% to $11.4 million for the same period.</p><p>After spending over $1 billion in the first half of 2022, Coinbase has laid off 2,110 workers since June 2022, according to tech labor market tracker layoffs.fyi. A month ahead of Tuesday’s results, the company also said in an SEC filing it projects cutting operating expenses 25% by the end of next quarter.</p><p>In recent weeks, the company halted its Japan operations and new creator drops for its NFT marketplace. It did not offer further guidance on either division’s future.</p><p>Cash and equivalents fell 40% through 2022 from $7.1 billion to 4.2 billion.<b> </b>With a $124 million loss for its fourth quarter, Coinbase met management’s previous target of logging a full-year for adjusted earnings before interest tax and other items under $500 million.</p><p>Looking ahead, the exchange offered upbeat guidance for 2023, saying it generated $120 million in transaction revenue over January.</p><p>“Crypto remains volatile and we have limited ability to forecast our transaction revenues which remain correlated with crypto market capitalization and crypto asset volatility. As such, we are prepared to manage our business through a wide range of transaction revenue scenarios in 2023, which include possible increases, decreases or stabilization of crypto market capitalization and crypto asset volatility compared to levels at the end of 2022,” the company said.</p><p>&#34;We feel confident that we have a more durable cost structure, which combined with our strong balance sheet, positions our expenses to better align with the range of scenarios we are currently forecasting,&#34; the company added.</p><p>Coinbase stock has rallied sharply to start 2023, rising more than 75% through Tuesday&#39;s close. Over the last year, however, the stock has lost around two-thirds of its value.</p></body></html>","source":"yahoofinance_sg","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>Coinbase Earnings: Revenue, Losses Beat Expectations As Volumes Plunge to Cap 2022</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase Earnings: Revenue, Losses Beat Expectations As Volumes Plunge to Cap 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-22 07:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/coinbase-earnings-revenue-losses-beat-expectations-as-volumes-plunge-to-cap-2022-215528339.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase Global (COIN) reported fourth quarter results Tuesday afternoon that beat Wall Street expectations as revenue unexpectedly rose and losses for the full year were narrower than feared.After ...</p>\n\n<a href=\"https://finance.yahoo.com/news/coinbase-earnings-revenue-losses-beat-expectations-as-volumes-plunge-to-cap-2022-215528339.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/coinbase-earnings-revenue-losses-beat-expectations-as-volumes-plunge-to-cap-2022-215528339.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2313596650","content_text":"Coinbase Global (COIN) reported fourth quarter results Tuesday afternoon that beat Wall Street expectations as revenue unexpectedly rose and losses for the full year were narrower than feared.After these earnings shares initially popped 6% in after hours trading, but near 4:45 p.m. ET were down closer to 1.4%.Here are Coinbase’s key fourth quarter results against Wall Street expectations, according to data from Bloomberg:Revenue: $629 million vs. $581.2 expectedAdjusted earnings per share: ($2.46) vs. ($2.44) expectedAdjusted EBITDA: ($124 million) vs. ($201.8 million) expectedMonthly transacting users (MTUs): 8.3 million versus expected 8.4 million\"To state the obvious, 2022 was a challenging year for crypto markets and our transaction revenues,\" Coinbase said in its letter to shareholders. \"As macroeconomic indicators like inflation remained high and interest rates rose throughout the year, crypto market cap declined along with broader equity markets.\"Income from transaction fees came in at $322 million, just shy of estimates for $326 million. The platform's total customer assets fell to $80 billion, its lowest amount over the prior two years and shy of expectations for $88.8 billion.Retail transaction volume shrank by 88% over the prior year while institutional transaction volumes fell by 66%.\"Despite the market turmoil, our retail customers largely continued to 'hodl' on Coinbase at levels similar to Q3,\" the company said. \"We believe this indicates that retail customers, on average, maintained long-term conviction in crypto and, assuming history repeats itself, are likely to become more active when market conditions improve.\"For the full year, Coinbase reported an adjusted EBITDA loss of $371 million, narrower than the $500 million loss the company had tagged as the high-end of its estimated range. In 2023, the company said it plans, \"to improve full-year Adjusted EBITDA in absolute dollar terms on a year over year basis.\"Services revenue growsThe major U.S. based exchange leaned heavier into its subscriptions and services revenue during the fourth quarter. This non-trading side of the business came in at $283 million, above expectations and accounted for roughly half of the platform's total revenue in Q4.Though nothing in Coinbase's operations have changed, recent enforcement actions from the SEC have raised concerns the subscriptions and services revenue, particularly its staking, custody, and stablecoin revenue driving interest income could come under threat.\"Disappointingly, we are not seeing regulators necessarily welcoming transparency and public participation in their rule-making. United States' agencies, in particular, are demonstrating a disjointed stance regarding crypto that is pushing the industry overseas,\" Coinbase said.Driven by Treasury yields, interest income rose to $131 million. Crypto staking rose 1% from the previous quarter to $62 million. Custodial fees were down 21% to $11.4 million for the same period.After spending over $1 billion in the first half of 2022, Coinbase has laid off 2,110 workers since June 2022, according to tech labor market tracker layoffs.fyi. A month ahead of Tuesday’s results, the company also said in an SEC filing it projects cutting operating expenses 25% by the end of next quarter.In recent weeks, the company halted its Japan operations and new creator drops for its NFT marketplace. It did not offer further guidance on either division’s future.Cash and equivalents fell 40% through 2022 from $7.1 billion to 4.2 billion. With a $124 million loss for its fourth quarter, Coinbase met management’s previous target of logging a full-year for adjusted earnings before interest tax and other items under $500 million.Looking ahead, the exchange offered upbeat guidance for 2023, saying it generated $120 million in transaction revenue over January.“Crypto remains volatile and we have limited ability to forecast our transaction revenues which remain correlated with crypto market capitalization and crypto asset volatility. As such, we are prepared to manage our business through a wide range of transaction revenue scenarios in 2023, which include possible increases, decreases or stabilization of crypto market capitalization and crypto asset volatility compared to levels at the end of 2022,” the company said.\"We feel confident that we have a more durable cost structure, which combined with our strong balance sheet, positions our expenses to better align with the range of scenarios we are currently forecasting,\" the company added.Coinbase stock has rallied sharply to start 2023, rising more than 75% through Tuesday's close. Over the last year, however, the stock has lost around two-thirds of its value.","news_type":1},"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955211781,"gmtCreate":1675439137843,"gmtModify":1676539003480,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955211781","repostId":"1191090588","repostType":2,"repost":{"id":"1191090588","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":1675438761,"share":"https://www.laohu8.com/m/news/1191090588?lang=&edition=full","pubTime":"2023-02-03 23:39","market":"us","language":"en","title":"Nasdaq, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1191090588","media":"Tiger Newspress","summary":"Major market averages opened to the downside but have since pared back some losses.Early on and the ","content":"<html><head></head><body><p>Major market averages opened to the downside but have since pared back some losses.</p><p>Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session&#39;s big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.</p><p>At the same time the S&amp;P 500 dropped 0.04% and the Dow rose by 0.23%.</p><p><img src=\"https://static.tigerbbs.com/692a3bd8f36a1df97a907f779acf2ee2\" tg-width=\"1080\" tg-height=\"501\" width=\"100%\" height=\"auto\"/></p><p>Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.</p><p>&#34;So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,&#34; Tom Graff, head of research at Facet, tweeted. &#34;Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what&#39;s going on here.&#34;</p><p>&#34;Regardless, ain&#39;t no recession.&#34;</p><p>Unemployment rate is at its lowest level since 1969.</p><p>&#34;A stunning US jobs highlighting the strength of the labor market and its complexities,&#34; Allianz adviser Mohamed El-Erian tweeted. &#34;The puzzle: Wage growth came in as expected (0.3%).&#34;</p><p>Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.</p><p>Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday &#34;to its most accommodative level since last February before tightening into the close as rates sold off,&#34; Deutsche Bank&#39;s Jim Reid said. &#34;Regardless financial conditions remain nearly as loose as we have seen in nearly a year.&#34;</p><p>Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.</p><p>Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.</p><p>Apple stock jumps over 4% in morning trading.</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, and Dow Pare Some Losses; Apple Stock Jumps Over 4%</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\">\nNasdaq, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%\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\">2023-02-03 23:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Major market averages opened to the downside but have since pared back some losses.</p><p>Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session&#39;s big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.</p><p>At the same time the S&amp;P 500 dropped 0.04% and the Dow rose by 0.23%.</p><p><img src=\"https://static.tigerbbs.com/692a3bd8f36a1df97a907f779acf2ee2\" tg-width=\"1080\" tg-height=\"501\" width=\"100%\" height=\"auto\"/></p><p>Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.</p><p>&#34;So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,&#34; Tom Graff, head of research at Facet, tweeted. &#34;Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what&#39;s going on here.&#34;</p><p>&#34;Regardless, ain&#39;t no recession.&#34;</p><p>Unemployment rate is at its lowest level since 1969.</p><p>&#34;A stunning US jobs highlighting the strength of the labor market and its complexities,&#34; Allianz adviser Mohamed El-Erian tweeted. &#34;The puzzle: Wage growth came in as expected (0.3%).&#34;</p><p>Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.</p><p>Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday &#34;to its most accommodative level since last February before tightening into the close as rates sold off,&#34; Deutsche Bank&#39;s Jim Reid said. &#34;Regardless financial conditions remain nearly as loose as we have seen in nearly a year.&#34;</p><p>Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.</p><p>Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.</p><p>Apple stock jumps over 4% in morning trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AAPL":"苹果",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191090588","content_text":"Major market averages opened to the downside but have since pared back some losses.Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session's big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.At the same time the S&P 500 dropped 0.04% and the Dow rose by 0.23%.Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.\"So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,\" Tom Graff, head of research at Facet, tweeted. \"Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what's going on here.\"\"Regardless, ain't no recession.\"Unemployment rate is at its lowest level since 1969.\"A stunning US jobs highlighting the strength of the labor market and its complexities,\" Allianz adviser Mohamed El-Erian tweeted. \"The puzzle: Wage growth came in as expected (0.3%).\"Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday \"to its most accommodative level since last February before tightening into the close as rates sold off,\" Deutsche Bank's Jim Reid said. \"Regardless financial conditions remain nearly as loose as we have seen in nearly a year.\"Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.Apple stock jumps over 4% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955685477,"gmtCreate":1675390771399,"gmtModify":1676538998800,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955685477","repostId":"2308806874","repostType":2,"repost":{"id":"2308806874","pubTimestamp":1675352022,"share":"https://www.laohu8.com/m/news/2308806874?lang=&edition=full","pubTime":"2023-02-02 23:33","market":"us","language":"en","title":"Coinbase Wins Dismissal of Lawsuit Over Unregistered Securities","url":"https://stock-news.laohu8.com/highlight/detail?id=2308806874","media":"Bloomberg","summary":"(Bloomberg) -- Coinbase Inc. won dismissal of a lawsuit by consumers alleging the cryptocurrency exc","content":"<html><head></head><body><p>(Bloomberg) -- <a href=\"https://laohu8.com/S/COIN\">Coinbase Inc.</a> won dismissal of a lawsuit by consumers alleging the cryptocurrency exchange facilitated the sale of unregistered securities on its platform.</p><p>The proposed class-action suit, filed in federal court in New York in October 2021, seeks damages arising from the sale or soliciting of 79 digital assets that the consumers say amounted to illegal contracts because the platform is not registered with the US Securities and Exchange Commission.</p><p>US District Judge Paul A. Engelmayer didn’t make a determination about whether the digital tokens were actually securities, though he said he assumed they were for the purposes of the dismissal request by Coinbase. Had the suit been allowed to proceed, the question of whether they are securities would have been a “central battleground,” he said.</p><p>Engelmayer said the terms of Coinbase’s user agreement “flatly contradict” allegations in the lawsuit that the company holds title to the digital assets that are bought and sold on the exchange. The judge also found that the platform didn’t actively solicit investments.</p><p>The suit alleges that Coinbase promoted the sale of the tokens by providing users with descriptions and their purported value, as well as by participating in promotions, giving news updates about cryptocurrency price movements and links to web stories. But Engelmayer said those activities “are of a piece with the marketing efforts, ‘materials,’ and ‘services’” that courts have determined are not active solicitation.</p><p>A judge in the same court last April dismissed a similar lawsuit against Binance, the world’s largest crypto platform, finding that the claims were filed too late and that US securities laws didn’t apply because Binance is not a domestic exchange despite the fact that much of its infrastructure is based in the US.</p><p>The case is Christopher Underwood v Coinbase Global Inc., 21-cv-8353, US District Court, Southern District of New York.</p><p>Coinbase shares surged 15% in morning trading.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase Wins Dismissal of Lawsuit Over Unregistered Securities</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\">\nCoinbase Wins Dismissal of Lawsuit Over Unregistered Securities\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-02 23:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-02-01/coinbase-wins-dismissal-of-lawsuit-over-unregistered-securities><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Coinbase Inc. won dismissal of a lawsuit by consumers alleging the cryptocurrency exchange facilitated the sale of unregistered securities on its platform.The proposed class-action suit...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-02-01/coinbase-wins-dismissal-of-lawsuit-over-unregistered-securities\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2023-02-01/coinbase-wins-dismissal-of-lawsuit-over-unregistered-securities","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2308806874","content_text":"(Bloomberg) -- Coinbase Inc. won dismissal of a lawsuit by consumers alleging the cryptocurrency exchange facilitated the sale of unregistered securities on its platform.The proposed class-action suit, filed in federal court in New York in October 2021, seeks damages arising from the sale or soliciting of 79 digital assets that the consumers say amounted to illegal contracts because the platform is not registered with the US Securities and Exchange Commission.US District Judge Paul A. Engelmayer didn’t make a determination about whether the digital tokens were actually securities, though he said he assumed they were for the purposes of the dismissal request by Coinbase. Had the suit been allowed to proceed, the question of whether they are securities would have been a “central battleground,” he said.Engelmayer said the terms of Coinbase’s user agreement “flatly contradict” allegations in the lawsuit that the company holds title to the digital assets that are bought and sold on the exchange. The judge also found that the platform didn’t actively solicit investments.The suit alleges that Coinbase promoted the sale of the tokens by providing users with descriptions and their purported value, as well as by participating in promotions, giving news updates about cryptocurrency price movements and links to web stories. But Engelmayer said those activities “are of a piece with the marketing efforts, ‘materials,’ and ‘services’” that courts have determined are not active solicitation.A judge in the same court last April dismissed a similar lawsuit against Binance, the world’s largest crypto platform, finding that the claims were filed too late and that US securities laws didn’t apply because Binance is not a domestic exchange despite the fact that much of its infrastructure is based in the US.The case is Christopher Underwood v Coinbase Global Inc., 21-cv-8353, US District Court, Southern District of New York.Coinbase shares surged 15% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955835355,"gmtCreate":1675323992677,"gmtModify":1676538993006,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955835355","repostId":"1123582030","repostType":2,"repost":{"id":"1123582030","pubTimestamp":1675321972,"share":"https://www.laohu8.com/m/news/1123582030?lang=&edition=full","pubTime":"2023-02-02 15:12","market":"us","language":"en","title":"Coinbase Undervalued And Could Offer Earnings Surprise","url":"https://stock-news.laohu8.com/highlight/detail?id=1123582030","media":"Seekingalpha","summary":"SummaryCoinbase shareholders paddling through a cryptocurrency winter though we anticipate that Bitc","content":"<html><head></head><body><h3>Summary</h3><ul><li>Coinbase shareholders paddling through a cryptocurrency winter though we anticipate that Bitcoin prices are about to bottom in 2023.</li><li>We value Coinbase on the basis of FY &#39;24 results where we expect adj. Diluted EPS of $20.17 at 8x forward earnings.</li><li>Based on the suppressed valuations in the space and ongoing bad news cycle, we weight a lower exit valuation, as we believe Coinbase is undervalued by 160%.</li><li>Assuming markets and investors have foresight and start to trade the stock on anticipated Bitcoin price recovery, the stock could easily trade at a $160-$200 range by the end of the year.</li><li>We recommend Coinbase at strong buy, and anticipate returns to be among the strongest among large cap tech stocks.</li></ul><p><a href=\"https://laohu8.com/S/COIN\">Coinbase</a> is one of the more contentious stocks heading into Q4 ‘22 earnings as we think investors under-appreciate the immense optimism tied to cryptocurrencies but the overwhelming difficulty in generating positive returns from the category in a continued market downtrend. Even so, we believe Bitcoin (BTC-USD) might be in for a bottoming in 2023.</p><p>Furthermore, we write about Coinbase in relation to Bitcoin in this report to address the prospective upside from a bullish Bitcoin market and how it could positively impact earnings results as we get closer to the Bitcoin block halving on April 2024, which isn’t too far away and will likely get priced-in ahead of and following the reduction in Bitcoin mining rewards.</p><p>Analysts estimate that Coinbase will report -$2.48 dil. EPS and revenue of $593.68 million in Q4 ‘22. We estimate that Coinbase will report results slightly above consensus expectations. For FY &#39;22 we estimate that Coinbase will report $3.76 billion revenue, which compares to consensus estimates of $3.15 billion, and we anticipate an Adjusted Dil. EPS loss of -$12.61, which is lower than the consensus estimate of Adjusted Dil. EPS of -$6.79.</p><h3>Coinbase Investment thesis</h3><p>We value Coinbase on the basis of FY ’24 earnings results, and anticipate the stock to trade at 8x FY ‘24 $20.17 adj. EPS after applying a discount rate of 8.4% on our 2024 price target. We anticipate that the stock will reach $160 implying 160% upside from current levels. We expect COIN to recover on the basis of block rewards for Bitcoin halving and a reversion to the long-term price appreciation trend in bitcoin. We remain optimistic of the cryptocurrency space though we’re skeptical of the near-term estimates to Coinbase.</p><p>We anticipate that FY ‘23 earnings results will be based on a steep climb-up from losses. We anticipate that Coinbase will struggle to generate the types of margins it experienced from FY ‘21 in FY ‘23 given the lower revenues and volumes. We provide enough room in our model for Coinbase to deliver on expenses and revenue over the next 12-months, and we think the stock is fundamentally undervalued as we’re experiencing the extreme emotional lows of a cryptocurrency bear market. We think accumulating in this environment will translate to substantial returns once the cryptocurrency market turns the corner, which will get priced into Coinbase, and could even get priced-in ahead of Bitcoin price gains, which is why we rate the stock a strong buy in this environment.</p><h3>Why we like Coinbase and the future of Centralized Finance or CeFi</h3><p>Coinbase has done a lot to differentiate itself from peers in the space, and while it’s not necessarily the leader in decentralized finance products, it’s emphasis on being a more custodial and centrally regulated figure in cryptocurrency lends itself to becoming a great on-ramp for buying and selling and transferring to digital wallets, which can then be leveraged into either decentralized finance DeFi products (Uniswap), along with a host of other decentralized web 3.0 applications, intended to leverage smart contracts, NFTs, collectibles, rare art, games, and so forth.</p><p>We believe that central finance or CeFi products tied to USCoin USD (USDC-USD), Coinbase’s dollar-backed stablecoin to be the next major wave on its platform. It seems less gimmicky, and fraught with a lot less risk at the present time, as we think there’s tremendous value in the savings and staking component of assets tied to digital wallets, or really digital currencies.</p><p>We are of course, very much Bitcoin purists in the sense that on an absolute basis returns from cryptocurrency are best optimized by leveraging Bitcoin, we would view Coinbase as another viable means of investing into the space.</p><p>Because of the negativity tied to the Sam Bankman-Fried or abbreviated as SBF scandal, we think the CEO of Coinbase, Brian Armstrong looks better to public market regulators and investors.</p><p>Coinbase does have to settle various fines, which various readers do note. But, the fines are small in scale. Coinbase tends to be proactive in negotiating terms with regulators, and also COIN doesn’t have the same risks posed to public market investors as some decentralized exchanges, which are less regulated, but provide more liquidity in many cases.</p><p>We think decentralized finance and exchanges who operate outside the scope of regulators are more prone to compliance failures paired with the fact that as a category crypto finance is relatively new, and most people don’t know how to operate a regulated financial product in a less-regulated space. Even so, we acknowledge that pure cryptography based ledgers are required in order to sustain liquidity in the space, and efforts to maintain the use of wallets and decentralized swaps between independent users, decentralized exchanges, and also regulated exchanges is what continues to provide a use case albeit convoluted. It’s the transferable value nature of crypto assets as a commodity, and the ability to move these hidden and more secure assets across regulated and unregulated markets by leveraging a wallet that makes the decoupling of older financial networks compelling.</p><p>When compared to the current US Dollar which is part of a centralized bank ledger that hardly anybody can monitor... A publicly viewable financial network like the Bitcoin blockchain or USDC-USD is rather revolutionary. In this case, we’re mostly agnostic on exchanges, so as long as exchanges are numerous and provide liquidity outside the constraints of regulators or within the scope of regulators so as long as it creates a better user experience for managing and transacting money while also storing money privately and in a format that’s useful such as USB, on computer devices, or on data center networks, or even via financially regulated and insured accounts.</p><p>From our own experience, asking recent business school grads to combine financial concepts into a digitized asset, people are stuck at the part where either the technological jargon gets too complicated, or the financial jargon starts to get so complicated that whatever orchestration of transaction that’s intended to occur on a peer to peer basis leveraging financial contracts gets obfuscated by the technical hurdles and difficulty in communicating the viability of a new technology plus differentiated financial product. Basically, it’s really hard to generate any scale or amass any adoption for new financial products let alone the launch of a successful cryptographically based financial product.</p><p>We like the packaging of Coinbase a lot more than the abundance of alternative ideas, and we think owning Coinbase is one of the ways to avoid the countless scammers in the cryptocurrency market.</p><h3>Valuation summary on Coinbase</h3><p>We value Coinbase on the basis of FY ‘24 earnings similar to other stocks in our coverage. However, we apply a more depressed financial multiple across adjusted earnings, adjusted EBITDA, and also sales multiple on the stock as well. We value the business using a blend of 12x forward earnings, 14x EV/EBITDA, and 3x sales given the lumpiness of financial results and the likelihood that the crypto exchange will need a bull market in Bitcoin, which seems likely at some point later in the year.</p><p>However, because Coinbase trades like a tracking stock to Bitcoin with some forward expectations embedded into the exchange operators revenue and income we value the company at approximately 8x FY ‘24 earnings, and further discount those estimates by the firm’s WACC of 8.4% to arrive at our price estimate of $160.21.</p><p>Figure 1. Financial Model of Coinbase<img src=\"https://static.tigerbbs.com/d78e7a1c2d148ca866d75c466e50fa61\" tg-width=\"913\" tg-height=\"448\" referrerpolicy=\"no-referrer\"/></p><p>We arrive at our financial estimate, because we anticipate that from 2024 onwards the Bitcoin market block reward will decline by another 50%, which will land on FY ‘24 for Coinbase, sparking a likely recovery in trading revenue, and custodial related revenue on Bitcoin re-testing the $60,000 level over the next 24-36 months.</p><p></p><p>We anticipate that FY ‘23 results to be mostly in-line with consensus estimates or above, given added volatility and on-going adoption of various staking products. Not to mention, we anticipate that the business will exit FY ‘24 with revenue and adjusted dil. EPS that’s just 38%, and 24% better than FY &#39;22 actual results. This is because of the added user base, and likely increase in Bitcoin network value translates to a rapid improvement in commissions, but when averaged across the forecast period, the average growth rate for the firm across earnings metrics, and sales metrics aren’t all that great on an annualized basis.</p><p>Hence, we apply multiples to the business model that are much lower than the industry average to offset the cyclical nature of the business, and the likelihood that a sudden period of out-performance will be followed by another cryptocurrency winter making it harder to justify an inflated value premium even in more difficult times. It’s unlikely that Coinbase breaks from its historical past of being primarily a cryptocurrency exchange, so we have to contend with the cyclical nature of the business.</p><p>Notwithstanding, we value the business at $160.21 which implies 161% upside from where the stock is currently trading. We think there’s even more upside to our model assuming investors trade the stock at a premium in the next Bitcoin fueled rally. However, we want to keep ourselves somewhat grounded in our appraisal of the company, and provide a conservative exit valuation to our model, and also conservative growth inputs from the prior peak to provide room for us to raise expectations and estimates tied to our Coinbase model.</p><h3>Key takeaway heading into quarterly earnings</h3><p>We like Coinbase given its solid positioning as a regulated cryptocurrency exchange, and its ability to launch new cryptocurrency products without exposing the shareholder base to unnecessary risks. We view the recent FTX scandal as being disproportionately advantageous to Coinbase as it limits competition and further asserts the need for added regulation, which favors the COIN thesis considerably.</p><p>We acknowledge that the absence of trading revenue in the near-term puts risk on the stock, but given the nature of cryptocurrency markets and the likelihood of a recovery based on the cyclical nature of the market, we think investing into Coinbase at this point in the cycle provides immense upside, or 160%+ from where COIN is trading (roughly $65 per share). We also rate the stock a strong buy, as we think it’s difficult to find large cap stocks capable of making these types of returns.</p><p>The stock could appreciate by an added $95 to reach our price target of $160 from current levels, and we think a combination of strengthening volumes and improving sentiment in the space paired with underlying price gains in cryptocurrency assets will drive the stock to those levels. Absent a major recovery in the price of Bitcoin in 2023, the stock likely recovers in 2024, and so the price gains from a re-surging Bitcoin market mostly gets captured from FY ‘24 financial results onward.</p><h3>Risk factors to investing in Coinbase</h3><p>To be fair, there are risk factors to investing into Coinbase, or any cryptocurrency exchange for that matter. The original founder of Bitcoin anticipated that exchanges would fail, and that trading should be decentralized. The only way to protect Bitcoin assets is through the use of wallets not custodial accounts. Coinbase stands in the way of Satoshi&#39;s original idea of decentralization, and so it remains the one exchange that has managed to protect itself and its reputation through scandals, fraud busts, and is the anti-thesis to Bitcoin in some sense. Binance is the largest cryptocurrency exchange and the less regulated equivalent. Most cryptocurrency exchanges are similar to Binance, and decentralized exchanges is how Bitcoin found its origin. Coinbase wasn&#39;t the first exchange or broker. Regulated cryptocurrency exchanges are undervalued and don&#39;t fit in any particular category to financial sector investors, or cryptographers.</p><p>Being the last one standing doesn&#39;t make Coinbase any less risky, it just means it&#39;s going to outlast a shrinking market for Bitcoin if BTC ultimately goes the way of tulip mania, and so the two main risks to Coinbase are 1) can it withstand the test of time and avoid a major default tied to cyber theft or ransomware? 2) Does Bitcoin continue to exist in the future? Because if Bitcoin fails, the whole cryptocurrency economy goes with it (even Ethereum most likely) and also Coinbase. Assuming those two major risk factors don&#39;t get invoked we think Coinbase has substantial upside.</p><p>When heading into Q1 ‘23 earnings results, we anticipate that the stock will be responsive to comments tied to outlook and the launch of new centralized finance products. Updates tied to USDC-USD and usage of USDC-USD in lending transactions or progress tied to those efforts to legitimize CeFi would also help the Coinbase thesis considerably.</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>Coinbase Undervalued And Could Offer Earnings Surprise</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\">\nCoinbase Undervalued And Could Offer Earnings Surprise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-02 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4574406-coinbase-undervalued-and-could-upset-earnings-results><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCoinbase shareholders paddling through a cryptocurrency winter though we anticipate that Bitcoin prices are about to bottom in 2023.We value Coinbase on the basis of FY '24 results where we ...</p>\n\n<a href=\"https://seekingalpha.com/article/4574406-coinbase-undervalued-and-could-upset-earnings-results\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4574406-coinbase-undervalued-and-could-upset-earnings-results","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1123582030","content_text":"SummaryCoinbase shareholders paddling through a cryptocurrency winter though we anticipate that Bitcoin prices are about to bottom in 2023.We value Coinbase on the basis of FY '24 results where we expect adj. Diluted EPS of $20.17 at 8x forward earnings.Based on the suppressed valuations in the space and ongoing bad news cycle, we weight a lower exit valuation, as we believe Coinbase is undervalued by 160%.Assuming markets and investors have foresight and start to trade the stock on anticipated Bitcoin price recovery, the stock could easily trade at a $160-$200 range by the end of the year.We recommend Coinbase at strong buy, and anticipate returns to be among the strongest among large cap tech stocks.Coinbase is one of the more contentious stocks heading into Q4 ‘22 earnings as we think investors under-appreciate the immense optimism tied to cryptocurrencies but the overwhelming difficulty in generating positive returns from the category in a continued market downtrend. Even so, we believe Bitcoin (BTC-USD) might be in for a bottoming in 2023.Furthermore, we write about Coinbase in relation to Bitcoin in this report to address the prospective upside from a bullish Bitcoin market and how it could positively impact earnings results as we get closer to the Bitcoin block halving on April 2024, which isn’t too far away and will likely get priced-in ahead of and following the reduction in Bitcoin mining rewards.Analysts estimate that Coinbase will report -$2.48 dil. EPS and revenue of $593.68 million in Q4 ‘22. We estimate that Coinbase will report results slightly above consensus expectations. For FY '22 we estimate that Coinbase will report $3.76 billion revenue, which compares to consensus estimates of $3.15 billion, and we anticipate an Adjusted Dil. EPS loss of -$12.61, which is lower than the consensus estimate of Adjusted Dil. EPS of -$6.79.Coinbase Investment thesisWe value Coinbase on the basis of FY ’24 earnings results, and anticipate the stock to trade at 8x FY ‘24 $20.17 adj. EPS after applying a discount rate of 8.4% on our 2024 price target. We anticipate that the stock will reach $160 implying 160% upside from current levels. We expect COIN to recover on the basis of block rewards for Bitcoin halving and a reversion to the long-term price appreciation trend in bitcoin. We remain optimistic of the cryptocurrency space though we’re skeptical of the near-term estimates to Coinbase.We anticipate that FY ‘23 earnings results will be based on a steep climb-up from losses. We anticipate that Coinbase will struggle to generate the types of margins it experienced from FY ‘21 in FY ‘23 given the lower revenues and volumes. We provide enough room in our model for Coinbase to deliver on expenses and revenue over the next 12-months, and we think the stock is fundamentally undervalued as we’re experiencing the extreme emotional lows of a cryptocurrency bear market. We think accumulating in this environment will translate to substantial returns once the cryptocurrency market turns the corner, which will get priced into Coinbase, and could even get priced-in ahead of Bitcoin price gains, which is why we rate the stock a strong buy in this environment.Why we like Coinbase and the future of Centralized Finance or CeFiCoinbase has done a lot to differentiate itself from peers in the space, and while it’s not necessarily the leader in decentralized finance products, it’s emphasis on being a more custodial and centrally regulated figure in cryptocurrency lends itself to becoming a great on-ramp for buying and selling and transferring to digital wallets, which can then be leveraged into either decentralized finance DeFi products (Uniswap), along with a host of other decentralized web 3.0 applications, intended to leverage smart contracts, NFTs, collectibles, rare art, games, and so forth.We believe that central finance or CeFi products tied to USCoin USD (USDC-USD), Coinbase’s dollar-backed stablecoin to be the next major wave on its platform. It seems less gimmicky, and fraught with a lot less risk at the present time, as we think there’s tremendous value in the savings and staking component of assets tied to digital wallets, or really digital currencies.We are of course, very much Bitcoin purists in the sense that on an absolute basis returns from cryptocurrency are best optimized by leveraging Bitcoin, we would view Coinbase as another viable means of investing into the space.Because of the negativity tied to the Sam Bankman-Fried or abbreviated as SBF scandal, we think the CEO of Coinbase, Brian Armstrong looks better to public market regulators and investors.Coinbase does have to settle various fines, which various readers do note. But, the fines are small in scale. Coinbase tends to be proactive in negotiating terms with regulators, and also COIN doesn’t have the same risks posed to public market investors as some decentralized exchanges, which are less regulated, but provide more liquidity in many cases.We think decentralized finance and exchanges who operate outside the scope of regulators are more prone to compliance failures paired with the fact that as a category crypto finance is relatively new, and most people don’t know how to operate a regulated financial product in a less-regulated space. Even so, we acknowledge that pure cryptography based ledgers are required in order to sustain liquidity in the space, and efforts to maintain the use of wallets and decentralized swaps between independent users, decentralized exchanges, and also regulated exchanges is what continues to provide a use case albeit convoluted. It’s the transferable value nature of crypto assets as a commodity, and the ability to move these hidden and more secure assets across regulated and unregulated markets by leveraging a wallet that makes the decoupling of older financial networks compelling.When compared to the current US Dollar which is part of a centralized bank ledger that hardly anybody can monitor... A publicly viewable financial network like the Bitcoin blockchain or USDC-USD is rather revolutionary. In this case, we’re mostly agnostic on exchanges, so as long as exchanges are numerous and provide liquidity outside the constraints of regulators or within the scope of regulators so as long as it creates a better user experience for managing and transacting money while also storing money privately and in a format that’s useful such as USB, on computer devices, or on data center networks, or even via financially regulated and insured accounts.From our own experience, asking recent business school grads to combine financial concepts into a digitized asset, people are stuck at the part where either the technological jargon gets too complicated, or the financial jargon starts to get so complicated that whatever orchestration of transaction that’s intended to occur on a peer to peer basis leveraging financial contracts gets obfuscated by the technical hurdles and difficulty in communicating the viability of a new technology plus differentiated financial product. Basically, it’s really hard to generate any scale or amass any adoption for new financial products let alone the launch of a successful cryptographically based financial product.We like the packaging of Coinbase a lot more than the abundance of alternative ideas, and we think owning Coinbase is one of the ways to avoid the countless scammers in the cryptocurrency market.Valuation summary on CoinbaseWe value Coinbase on the basis of FY ‘24 earnings similar to other stocks in our coverage. However, we apply a more depressed financial multiple across adjusted earnings, adjusted EBITDA, and also sales multiple on the stock as well. We value the business using a blend of 12x forward earnings, 14x EV/EBITDA, and 3x sales given the lumpiness of financial results and the likelihood that the crypto exchange will need a bull market in Bitcoin, which seems likely at some point later in the year.However, because Coinbase trades like a tracking stock to Bitcoin with some forward expectations embedded into the exchange operators revenue and income we value the company at approximately 8x FY ‘24 earnings, and further discount those estimates by the firm’s WACC of 8.4% to arrive at our price estimate of $160.21.Figure 1. Financial Model of CoinbaseWe arrive at our financial estimate, because we anticipate that from 2024 onwards the Bitcoin market block reward will decline by another 50%, which will land on FY ‘24 for Coinbase, sparking a likely recovery in trading revenue, and custodial related revenue on Bitcoin re-testing the $60,000 level over the next 24-36 months.We anticipate that FY ‘23 results to be mostly in-line with consensus estimates or above, given added volatility and on-going adoption of various staking products. Not to mention, we anticipate that the business will exit FY ‘24 with revenue and adjusted dil. EPS that’s just 38%, and 24% better than FY '22 actual results. This is because of the added user base, and likely increase in Bitcoin network value translates to a rapid improvement in commissions, but when averaged across the forecast period, the average growth rate for the firm across earnings metrics, and sales metrics aren’t all that great on an annualized basis.Hence, we apply multiples to the business model that are much lower than the industry average to offset the cyclical nature of the business, and the likelihood that a sudden period of out-performance will be followed by another cryptocurrency winter making it harder to justify an inflated value premium even in more difficult times. It’s unlikely that Coinbase breaks from its historical past of being primarily a cryptocurrency exchange, so we have to contend with the cyclical nature of the business.Notwithstanding, we value the business at $160.21 which implies 161% upside from where the stock is currently trading. We think there’s even more upside to our model assuming investors trade the stock at a premium in the next Bitcoin fueled rally. However, we want to keep ourselves somewhat grounded in our appraisal of the company, and provide a conservative exit valuation to our model, and also conservative growth inputs from the prior peak to provide room for us to raise expectations and estimates tied to our Coinbase model.Key takeaway heading into quarterly earningsWe like Coinbase given its solid positioning as a regulated cryptocurrency exchange, and its ability to launch new cryptocurrency products without exposing the shareholder base to unnecessary risks. We view the recent FTX scandal as being disproportionately advantageous to Coinbase as it limits competition and further asserts the need for added regulation, which favors the COIN thesis considerably.We acknowledge that the absence of trading revenue in the near-term puts risk on the stock, but given the nature of cryptocurrency markets and the likelihood of a recovery based on the cyclical nature of the market, we think investing into Coinbase at this point in the cycle provides immense upside, or 160%+ from where COIN is trading (roughly $65 per share). We also rate the stock a strong buy, as we think it’s difficult to find large cap stocks capable of making these types of returns.The stock could appreciate by an added $95 to reach our price target of $160 from current levels, and we think a combination of strengthening volumes and improving sentiment in the space paired with underlying price gains in cryptocurrency assets will drive the stock to those levels. Absent a major recovery in the price of Bitcoin in 2023, the stock likely recovers in 2024, and so the price gains from a re-surging Bitcoin market mostly gets captured from FY ‘24 financial results onward.Risk factors to investing in CoinbaseTo be fair, there are risk factors to investing into Coinbase, or any cryptocurrency exchange for that matter. The original founder of Bitcoin anticipated that exchanges would fail, and that trading should be decentralized. The only way to protect Bitcoin assets is through the use of wallets not custodial accounts. Coinbase stands in the way of Satoshi's original idea of decentralization, and so it remains the one exchange that has managed to protect itself and its reputation through scandals, fraud busts, and is the anti-thesis to Bitcoin in some sense. Binance is the largest cryptocurrency exchange and the less regulated equivalent. Most cryptocurrency exchanges are similar to Binance, and decentralized exchanges is how Bitcoin found its origin. Coinbase wasn't the first exchange or broker. Regulated cryptocurrency exchanges are undervalued and don't fit in any particular category to financial sector investors, or cryptographers.Being the last one standing doesn't make Coinbase any less risky, it just means it's going to outlast a shrinking market for Bitcoin if BTC ultimately goes the way of tulip mania, and so the two main risks to Coinbase are 1) can it withstand the test of time and avoid a major default tied to cyber theft or ransomware? 2) Does Bitcoin continue to exist in the future? Because if Bitcoin fails, the whole cryptocurrency economy goes with it (even Ethereum most likely) and also Coinbase. Assuming those two major risk factors don't get invoked we think Coinbase has substantial upside.When heading into Q1 ‘23 earnings results, we anticipate that the stock will be responsive to comments tied to outlook and the launch of new centralized finance products. Updates tied to USDC-USD and usage of USDC-USD in lending transactions or progress tied to those efforts to legitimize CeFi would also help the Coinbase thesis considerably.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952828433,"gmtCreate":1674625189623,"gmtModify":1676538949606,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952828433","repostId":"2306411028","repostType":2,"repost":{"id":"2306411028","pubTimestamp":1674623712,"share":"https://www.laohu8.com/m/news/2306411028?lang=&edition=full","pubTime":"2023-01-25 13:15","market":"us","language":"en","title":"Will Coinbase Be a Trillion-Dollar Company by 2040?","url":"https://stock-news.laohu8.com/highlight/detail?id=2306411028","media":"Motley Fool","summary":"The cryptocurrency exchange could be a major multibagger -- or not.","content":"<html><head></head><body><p><b>Coinbase</b>, one of the world&#39;s largest cryptocurrency exchanges, reached a peak valuation of nearly $77 billion on Nov. 9, 2021. But today, it&#39;s only worth about $11 billion. It lost 85% of its value as rising interest rates, regulatory threats, and the failures of several high-profile tokens and exchanges crushed the cryptocurrency market. <b>Bitcoin</b> (BTC) and <b>Ether</b> (ETH), the world&#39;s two largest cryptocurrencies, have both lost nearly 70% of their value after reaching their own all-time highs at roughly the same time as Coinbase&#39;s stock.</p><p>Last June, Coinbase CEO Brian Armstrong bluntly admitted that a new &#34;crypto winter&#34; had started and began to rein in the company&#39;s spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6623bacc8d15a28366f7889e009d10b8\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p>Coinbase ended the third quarter of 2022 with only 8.5 million monthly transacting users (MTUs), down from a peak of 11.2 million in the fourth quarter of 2021. Over that period, the total assets on its platform shrank from $278 billion to $101 billion.</p><p>As a result, revenue fell 52% year over year in the first nine months of 2022, and analysts anticipate a 60% drop to $3.15 billion for the full year. Coinbase expects to post an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of about $500 million for the year, compared to a positive adjusted EBITDA of $4.1 billion in 2021.</p><p>Those dismal numbers drove many investors away from Coinbase, but could it recover and become a trillion-dollar company (increasing its market cap by 90x) by 2040? Let&#39;s review the bull and bear cases.</p><h2>The bull case for the crypto market</h2><p>Cathie Wood&#39;s Ark Invest, which holds Coinbase in several of its growth-oriented exchange-traded funds (ETFs), believes the price of Bitcoin (which trades at around $21,000 now) could reach $1 million by 2030 once some of the smaller tokens are flushed out of the market and more institutional investors accumulate the top cryptocurrency. A loss of faith in fiat currencies amid rampant inflation could accelerate that transition.</p><p>Wood&#39;s forecast is extremely bullish, but other forecasts also call for steep Bitcoin gains within the next two decades. For example, analysts at Telegaon believe Bitcoin&#39;s price could reach nearly $420,000 by 2040. The analytics firm also expects the price of Ether (trading in the neighborhood of $1,550 now) to reach roughly $24,000 by 2040.</p><p>Telegaon&#39;s projections would require a compound annual growth rate (CAGR) of 20% for Bitcoin between 2022 and 2040, while its forecast for Ether&#39;s price would require a CAGR of 18%. If the value of Coinbase kept pace with an 18-year CAGR of 18%, its annual revenue would soar from $3.15 billion in 2022 to approximately $60 billion in 2040.</p><p>If that scenario comes true and, 18 years from now, Coinbase still trades at 4 times sales, it would be worth $240 billion, which would represent a 22-bagger gain. If investors turn more bullish and value the company at 10 times those speculative sales, it could be worth $600 billion -- but it would still fall short of joining the 12-zero club.</p><h2>The bear case for the crypto market</h2><p>Coinbase might flourish again if the crypto market recovers, but it could also go bust if the crypto winter becomes an ice age. Tighter regulations regarding cross-border transfers, new taxes, and environmental restrictions on the energy sources that crypto mining operations can use could all prevent the cryptocurrency market from recovering. Cryptocurrencies could also never become widely accepted or used for mainstream payments if their prices remain volatile and they continue to be used primarily for speculation.</p><p>The bull case for Ether, which is based on the expected wider use of the Ethereum network for the creation of decentralized apps and services, could also collapse if people simply stick with centralized platforms like <b>Apple</b>&#39;s App Store and <b>Alphabet</b>&#39;s Google Play. Ethereum-based creations like non-fungible tokens (NFTs) could also completely or largely disappear.</p><p>That&#39;s why many respected investors, among them <b>Berkshire Hathaway</b>&#39;s Charlie Munger, adamantly believe that Bitcoin and other cryptocurrencies will go to zero. If that happens, Coinbase won&#39;t even make it to 2040 before its liabilities outweigh its assets.</p><h2>Where will Coinbase be in 2040?</h2><p>I expect Bitcoin and Ether to survive the crypto winter even as some of the smaller cryptocurrencies and more troubled exchanges die out. That said, I believe the crypto winter could also drag on for years as economic malaise and higher interest rates cause investors to stay away from the crypto market. Coinbase&#39;s survival will hinge entirely on the length of that downturn, which is impossible to accurately predict.</p><p>If Coinbase survives this brutal winter -- which it&#39;s desperately trying to do by laying off staff and streamlining its operations -- its stock could rise much higher over the next two decades. In a best-case scenario, its stock might deliver a 20- to 40-bagger gain from its current prices -- but still fall short of the 90-bagger gain it would require to hit the $1 trillion mark. In a worst-case scenario, it could go to zero -- which makes it a high-risk, high-reward play on the broader crypto market.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will Coinbase Be a Trillion-Dollar Company by 2040?</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\">\nWill Coinbase Be a Trillion-Dollar Company by 2040?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-25 13:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/24/will-coinbase-be-a-trillion-dollar-company-by-2040/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase, one of the world's largest cryptocurrency exchanges, reached a peak valuation of nearly $77 billion on Nov. 9, 2021. But today, it's only worth about $11 billion. It lost 85% of its value as...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/24/will-coinbase-be-a-trillion-dollar-company-by-2040/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","COIN":"Coinbase Global, Inc.","BK4539":"次新股","BK4554":"元宇宙及AR概念","BK4112":"金融交易所和数据"},"source_url":"https://www.fool.com/investing/2023/01/24/will-coinbase-be-a-trillion-dollar-company-by-2040/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306411028","content_text":"Coinbase, one of the world's largest cryptocurrency exchanges, reached a peak valuation of nearly $77 billion on Nov. 9, 2021. But today, it's only worth about $11 billion. It lost 85% of its value as rising interest rates, regulatory threats, and the failures of several high-profile tokens and exchanges crushed the cryptocurrency market. Bitcoin (BTC) and Ether (ETH), the world's two largest cryptocurrencies, have both lost nearly 70% of their value after reaching their own all-time highs at roughly the same time as Coinbase's stock.Last June, Coinbase CEO Brian Armstrong bluntly admitted that a new \"crypto winter\" had started and began to rein in the company's spending.Image source: Getty Images.Coinbase ended the third quarter of 2022 with only 8.5 million monthly transacting users (MTUs), down from a peak of 11.2 million in the fourth quarter of 2021. Over that period, the total assets on its platform shrank from $278 billion to $101 billion.As a result, revenue fell 52% year over year in the first nine months of 2022, and analysts anticipate a 60% drop to $3.15 billion for the full year. Coinbase expects to post an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of about $500 million for the year, compared to a positive adjusted EBITDA of $4.1 billion in 2021.Those dismal numbers drove many investors away from Coinbase, but could it recover and become a trillion-dollar company (increasing its market cap by 90x) by 2040? Let's review the bull and bear cases.The bull case for the crypto marketCathie Wood's Ark Invest, which holds Coinbase in several of its growth-oriented exchange-traded funds (ETFs), believes the price of Bitcoin (which trades at around $21,000 now) could reach $1 million by 2030 once some of the smaller tokens are flushed out of the market and more institutional investors accumulate the top cryptocurrency. A loss of faith in fiat currencies amid rampant inflation could accelerate that transition.Wood's forecast is extremely bullish, but other forecasts also call for steep Bitcoin gains within the next two decades. For example, analysts at Telegaon believe Bitcoin's price could reach nearly $420,000 by 2040. The analytics firm also expects the price of Ether (trading in the neighborhood of $1,550 now) to reach roughly $24,000 by 2040.Telegaon's projections would require a compound annual growth rate (CAGR) of 20% for Bitcoin between 2022 and 2040, while its forecast for Ether's price would require a CAGR of 18%. If the value of Coinbase kept pace with an 18-year CAGR of 18%, its annual revenue would soar from $3.15 billion in 2022 to approximately $60 billion in 2040.If that scenario comes true and, 18 years from now, Coinbase still trades at 4 times sales, it would be worth $240 billion, which would represent a 22-bagger gain. If investors turn more bullish and value the company at 10 times those speculative sales, it could be worth $600 billion -- but it would still fall short of joining the 12-zero club.The bear case for the crypto marketCoinbase might flourish again if the crypto market recovers, but it could also go bust if the crypto winter becomes an ice age. Tighter regulations regarding cross-border transfers, new taxes, and environmental restrictions on the energy sources that crypto mining operations can use could all prevent the cryptocurrency market from recovering. Cryptocurrencies could also never become widely accepted or used for mainstream payments if their prices remain volatile and they continue to be used primarily for speculation.The bull case for Ether, which is based on the expected wider use of the Ethereum network for the creation of decentralized apps and services, could also collapse if people simply stick with centralized platforms like Apple's App Store and Alphabet's Google Play. Ethereum-based creations like non-fungible tokens (NFTs) could also completely or largely disappear.That's why many respected investors, among them Berkshire Hathaway's Charlie Munger, adamantly believe that Bitcoin and other cryptocurrencies will go to zero. If that happens, Coinbase won't even make it to 2040 before its liabilities outweigh its assets.Where will Coinbase be in 2040?I expect Bitcoin and Ether to survive the crypto winter even as some of the smaller cryptocurrencies and more troubled exchanges die out. That said, I believe the crypto winter could also drag on for years as economic malaise and higher interest rates cause investors to stay away from the crypto market. Coinbase's survival will hinge entirely on the length of that downturn, which is impossible to accurately predict.If Coinbase survives this brutal winter -- which it's desperately trying to do by laying off staff and streamlining its operations -- its stock could rise much higher over the next two decades. In a best-case scenario, its stock might deliver a 20- to 40-bagger gain from its current prices -- but still fall short of the 90-bagger gain it would require to hit the $1 trillion mark. In a worst-case scenario, it could go to zero -- which makes it a high-risk, high-reward play on the broader crypto market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956864665,"gmtCreate":1673967052858,"gmtModify":1676538909862,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956864665","repostId":"1110475662","repostType":4,"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950683137,"gmtCreate":1672747346729,"gmtModify":1676538729579,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Please don't&nbsp;","listText":"Please don't&nbsp;","text":"Please don't","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950683137","repostId":"1193516696","repostType":2,"repost":{"id":"1193516696","pubTimestamp":1672759936,"share":"https://www.laohu8.com/m/news/1193516696?lang=&edition=full","pubTime":"2023-01-03 23:32","market":"us","language":"en","title":"7 Stocks That Are About to Get Absolutely Crushed","url":"https://stock-news.laohu8.com/highlight/detail?id=1193516696","media":"InvestorPlace","summary":"Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the y","content":"<html><head></head><body><ul><li>Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.</li><li><b>Airbnb</b>(<b>ABNB</b>): The short-term rental platform’s shares remain richly priced, and its future results could fall short of the Street’s forecasts.</li><li><b>Coinbase</b>(<b>COIN</b>): As most retail traders continue to shun crypto, this exchange operator’s fortunes will keep moving in the wrong direction.</li><li><b>First Solar</b>(<b>FSLR</b>): Investors have gone overboard with this solar stock</li><li><b>GameStop</b>(<b>GME</b>): The meme legend remains likely to eventually slide back to its pre-meme stock price.</li><li><b>Nvidia</b>(<b>NVDA</b>): The chipmaker has more room to drop, as the semiconductor industry slowdown continues.</li><li><b>Tesla</b>(<b>TSLA</b>): The EV maker is not a steal at its current prices.</li><li><b>Upstart Holdings</b>(<b>UPST</b>): The story behind this former “hot stock” could keep unraveling.</li></ul><p>After a rough year for investors in 2022, will it be all uphill for them in 2023? That will not necessarily be the case. As the factors driving the market lower over the past 12 months persist, plenty of stocks, including some names that have experienced huge drops from their highs, remain stocks to sell.</p><p>The valuation of some of these stocks remain quite elevated.  That’s because, although richly priced growth stocks have been particularly hard hit due to the rapid rise of interest rates. many names remain overpriced relative to their respective, future prospects.</p><p>Additionally, some stocks will drop further because their fundamentals are deteriorating. With spiking interest rates weighing on economic growth and some economists expecting GDP to contract this year, many companies that were ‘”crushing it” during the pandemic era are at risk of getting “crushed.”</p><p>Investors should unload or steer clear of these seven stocks to sell. Each one of them could get buried further in 2023.</p><p><b>Airbnb (ABNB)</b></p><p>After falling nearly 50% over the past year, <b>Airbnb</b>(NASDAQ: <b>ABNB</b>) may already reflect the end of the “revenge travel” boom, some may argue. Yet despite the big drop of ABNB’s price, the shares are likely to drop further due to two factors that I highlighted in the introduction:  Valuation and worsening fundamentals.</p><p>Right now, ABNB stock trades for 35.5 times its earnings. That would arguably be a reasonable valuation if the company was still poised to grow rapidly.  But with analysts’ estimates calling for the firm to deliver earnings growth of just8.1%in the next year, ABNB’s current price-earnings ratio is excessive.</p><p>Even worse, its results in the coming year could fall to meet analysts’ average estimate. At least, that’s the view of <b>Morgan Stanley</b> analyst Brian Nowak. On Dec. 6, he downgraded ABNB, citing factors such as its slowing active listings growth, as well as concerns that the future increases in its occupancy rates will fall short of forecasts.</p><p><b>Coinbase (COIN)</b></p><p>After tumbling 86% last year, <b>Coinbase</b>(NASDAQ: <b>COIN</b>) may seem at first glance to have a positive risk-reward ratio and provide investors with a good way to bet on a cryptocurrency recovery. Unfortunately, while the shares of the crypto-exchange operator are significantly cheaper today than they were at the start of 2022, there are many reasons to believe that the stock will sink further over the next 12 months.</p><p>As veteran investor and <i>InvestorPlace</i> contributor Louis Navellier argued in his Dec. 16 column, COIN stock will likely tumble deeper into the icy “crypto winter waters”in 2023. After cryptos had already been burned by the big, across-the-board decline of cryptocurrency prices, the recent FTX scandal has provided retail investors with yet another reason to avoid the asset class.</p><p>With many retail investors shunning cryptos, it’s difficult to imagine Coinbase’s revenue, which is expected to have dropped by more than 50% in 2022, making much of a recovery this year. With the odds of another “crypto boom” emerging in the future tiny, COIN will probably continue to crumble.</p><p><b>First Solar (FSLR)</b></p><p>In contrast to most of the other stocks to sell in this column, <b>First Solar</b>(NASDAQ: <b>FSLR</b>) was on a tear last year, jumping 72%. Its gain was thanks mostly to the Inflation Reduction Act, which was signed into law by President Biden in August.</p><p>The law provides ample tax incentives and subsidies to the renewable energy sector. Yet while the legislation is set to boost the company, it’s possible that the market has gone overboard pricing this positive catalyst into FSLR stock. Indeed, the shares today trade for 169 times its earnings.</p><p>Although many believe that First Solar’s profitability will skyrocket next year, that may not happen. As a <i>Seeking Alpha</i> commentator recently argued,a looming recession and tough competition suggest that the company’s profits will fall short of the Street’s outlook.</p><p>While FSLR is still a market darling now, that may not remain the case for long.</p><p><b>GameStop (GME)</b></p><p>The “meme stocks” trend is so 2021. But even in the early stages of 2023 the “meme king, ”<b>GameStop</b>(NYSE:<b>GME</b>), has held onto a modest amount of its gains from the speculative frenzy that transpired nearly two years ago.</p><p>Yet while GameStop is faring better than many of its meme peers like <b>AMC Entertainment</b>(NYSE:<b>AMC</b>), don’t assume GME will keep holding up. The shares continue to be valued primarily on the perceived potential of GameStop’s nascent e-commerce and non-fungible token (or NFT) exchange ventures.  However, the future prospects of these endeavors, which are arguably “moonshots,” are extremely murky.</p><p>Furthermore, GameStop’s core brick-and-mortar retail business continues to flounder, as the video game industry enters a slump. As the company burns through more of its$1 billion of cash, GME stock looks to be on track to keep falling steadily back to its pre-meme price levels. In other words, it’s probably going to fall below $5 per share.</p><p><b>Nvidia (NVDA)</b></p><p><b>Nvidia</b>(NASDAQ: <b>NVDA</b>) stock is also partially, but not fully, pricing in the macroeconomic challenges facing companies. The chipmaker definitely “crushed it” during the pandemic era. Between its fiscal 2020 and FY22, its revenue more than doubled, while its earnings more than tripled.</p><p>However, with the demand for its CPU and GPU chips softening, analysts, on average, expect its revenue to be little changed this fiscal year compared with the last one. What’s more, analysts’ mean estimate calls for its earnings to decline 15.6%, to $3.30 per share. Not only that, but NVDA’s situation could worsen in FY23, as another“chip glut”isn’t out of the question.</p><p>Given these points, along with the fact that NVDA stock trades at a pricey 62 times its trailing earnings, the stock is unlikely to climb a great deal and is poised to sink much further.</p><p>After this year’s tech selloff, many names are now appealing, but NVDA isn’t one of them.</p><p><b>Tesla (TSLA)</b></p><p>In 2020 and 2021, <b>Tesla</b>(NASDAQ: <b>TSLA</b>) slayed its skeptics, as the electric vehicle maker’s earnings skyrocketed, and EV stocks soared as the sector entered bubble territory.</p><p>Over the past year, though, TSLA stock, at one time seemingly unsinkable, has fallen considerably, causing the shares’ forward price-earnings multiple to tumble.  As a result, some believe that the shares have become a steal. So is it time to go bottom fishing with Tesla? Not so fast!</p><p>Believing that TSLA (trading for 22 times forward earnings) is a buy may just be an example of giving too much value to its huge decline.</p><p>That’s because the circumstances that drove this stock to its prior, lofty highs aren’t likely to re-emerge. In fact, as it becomes clearer that Tesla is a car company which is not immune to the cyclical nature of the auto business, its valuation may sink to levels more in line with that of the incumbent automakers.</p><p><b>Upstart Holdings (UPST)</b></p><p>It may seem odd to say that <b>Upstart Holdings</b>(NASDAQ:<b>UPST</b>) still belongs in the “stocks to sell” category, since the shares of the fintech firm currently trade at levels which are light years away from their all-time high. Yet much like Tesla, the “story” behind this former “hot stock” has unraveled.</p><p>As I’ve argued previously, the market in 2021overestimated the ability of Upstart’s AI-powered loan underwriting platform to “disrupt” the lending industry. Investors who bought UPST stock near its all-time high paid dearly for their decision, as the company’s growth screeched to a halt, and concerns about its underwriting methods spiked.</p><p>Even after UPST dropped 91% last year, it can suffer another decline of around 18%. Its unraveling can continue if its transaction volumes keep falling and its default rates rise going forward.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Stocks That Are About to Get Absolutely Crushed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n7 Stocks That Are About to Get Absolutely Crushed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-03 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.Airbnb(ABNB): The short-term rental platform’s shares remain richly priced, and its future...</p>\n\n<a href=\"https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","NVDA":"英伟达","TSLA":"特斯拉","ABNB":"爱彼迎","GME":"游戏驿站","FSLR":"第一太阳能","COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193516696","content_text":"Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.Airbnb(ABNB): The short-term rental platform’s shares remain richly priced, and its future results could fall short of the Street’s forecasts.Coinbase(COIN): As most retail traders continue to shun crypto, this exchange operator’s fortunes will keep moving in the wrong direction.First Solar(FSLR): Investors have gone overboard with this solar stockGameStop(GME): The meme legend remains likely to eventually slide back to its pre-meme stock price.Nvidia(NVDA): The chipmaker has more room to drop, as the semiconductor industry slowdown continues.Tesla(TSLA): The EV maker is not a steal at its current prices.Upstart Holdings(UPST): The story behind this former “hot stock” could keep unraveling.After a rough year for investors in 2022, will it be all uphill for them in 2023? That will not necessarily be the case. As the factors driving the market lower over the past 12 months persist, plenty of stocks, including some names that have experienced huge drops from their highs, remain stocks to sell.The valuation of some of these stocks remain quite elevated.  That’s because, although richly priced growth stocks have been particularly hard hit due to the rapid rise of interest rates. many names remain overpriced relative to their respective, future prospects.Additionally, some stocks will drop further because their fundamentals are deteriorating. With spiking interest rates weighing on economic growth and some economists expecting GDP to contract this year, many companies that were ‘”crushing it” during the pandemic era are at risk of getting “crushed.”Investors should unload or steer clear of these seven stocks to sell. Each one of them could get buried further in 2023.Airbnb (ABNB)After falling nearly 50% over the past year, Airbnb(NASDAQ: ABNB) may already reflect the end of the “revenge travel” boom, some may argue. Yet despite the big drop of ABNB’s price, the shares are likely to drop further due to two factors that I highlighted in the introduction:  Valuation and worsening fundamentals.Right now, ABNB stock trades for 35.5 times its earnings. That would arguably be a reasonable valuation if the company was still poised to grow rapidly.  But with analysts’ estimates calling for the firm to deliver earnings growth of just8.1%in the next year, ABNB’s current price-earnings ratio is excessive.Even worse, its results in the coming year could fall to meet analysts’ average estimate. At least, that’s the view of Morgan Stanley analyst Brian Nowak. On Dec. 6, he downgraded ABNB, citing factors such as its slowing active listings growth, as well as concerns that the future increases in its occupancy rates will fall short of forecasts.Coinbase (COIN)After tumbling 86% last year, Coinbase(NASDAQ: COIN) may seem at first glance to have a positive risk-reward ratio and provide investors with a good way to bet on a cryptocurrency recovery. Unfortunately, while the shares of the crypto-exchange operator are significantly cheaper today than they were at the start of 2022, there are many reasons to believe that the stock will sink further over the next 12 months.As veteran investor and InvestorPlace contributor Louis Navellier argued in his Dec. 16 column, COIN stock will likely tumble deeper into the icy “crypto winter waters”in 2023. After cryptos had already been burned by the big, across-the-board decline of cryptocurrency prices, the recent FTX scandal has provided retail investors with yet another reason to avoid the asset class.With many retail investors shunning cryptos, it’s difficult to imagine Coinbase’s revenue, which is expected to have dropped by more than 50% in 2022, making much of a recovery this year. With the odds of another “crypto boom” emerging in the future tiny, COIN will probably continue to crumble.First Solar (FSLR)In contrast to most of the other stocks to sell in this column, First Solar(NASDAQ: FSLR) was on a tear last year, jumping 72%. Its gain was thanks mostly to the Inflation Reduction Act, which was signed into law by President Biden in August.The law provides ample tax incentives and subsidies to the renewable energy sector. Yet while the legislation is set to boost the company, it’s possible that the market has gone overboard pricing this positive catalyst into FSLR stock. Indeed, the shares today trade for 169 times its earnings.Although many believe that First Solar’s profitability will skyrocket next year, that may not happen. As a Seeking Alpha commentator recently argued,a looming recession and tough competition suggest that the company’s profits will fall short of the Street’s outlook.While FSLR is still a market darling now, that may not remain the case for long.GameStop (GME)The “meme stocks” trend is so 2021. But even in the early stages of 2023 the “meme king, ”GameStop(NYSE:GME), has held onto a modest amount of its gains from the speculative frenzy that transpired nearly two years ago.Yet while GameStop is faring better than many of its meme peers like AMC Entertainment(NYSE:AMC), don’t assume GME will keep holding up. The shares continue to be valued primarily on the perceived potential of GameStop’s nascent e-commerce and non-fungible token (or NFT) exchange ventures.  However, the future prospects of these endeavors, which are arguably “moonshots,” are extremely murky.Furthermore, GameStop’s core brick-and-mortar retail business continues to flounder, as the video game industry enters a slump. As the company burns through more of its$1 billion of cash, GME stock looks to be on track to keep falling steadily back to its pre-meme price levels. In other words, it’s probably going to fall below $5 per share.Nvidia (NVDA)Nvidia(NASDAQ: NVDA) stock is also partially, but not fully, pricing in the macroeconomic challenges facing companies. The chipmaker definitely “crushed it” during the pandemic era. Between its fiscal 2020 and FY22, its revenue more than doubled, while its earnings more than tripled.However, with the demand for its CPU and GPU chips softening, analysts, on average, expect its revenue to be little changed this fiscal year compared with the last one. What’s more, analysts’ mean estimate calls for its earnings to decline 15.6%, to $3.30 per share. Not only that, but NVDA’s situation could worsen in FY23, as another“chip glut”isn’t out of the question.Given these points, along with the fact that NVDA stock trades at a pricey 62 times its trailing earnings, the stock is unlikely to climb a great deal and is poised to sink much further.After this year’s tech selloff, many names are now appealing, but NVDA isn’t one of them.Tesla (TSLA)In 2020 and 2021, Tesla(NASDAQ: TSLA) slayed its skeptics, as the electric vehicle maker’s earnings skyrocketed, and EV stocks soared as the sector entered bubble territory.Over the past year, though, TSLA stock, at one time seemingly unsinkable, has fallen considerably, causing the shares’ forward price-earnings multiple to tumble.  As a result, some believe that the shares have become a steal. So is it time to go bottom fishing with Tesla? Not so fast!Believing that TSLA (trading for 22 times forward earnings) is a buy may just be an example of giving too much value to its huge decline.That’s because the circumstances that drove this stock to its prior, lofty highs aren’t likely to re-emerge. In fact, as it becomes clearer that Tesla is a car company which is not immune to the cyclical nature of the auto business, its valuation may sink to levels more in line with that of the incumbent automakers.Upstart Holdings (UPST)It may seem odd to say that Upstart Holdings(NASDAQ:UPST) still belongs in the “stocks to sell” category, since the shares of the fintech firm currently trade at levels which are light years away from their all-time high. Yet much like Tesla, the “story” behind this former “hot stock” has unraveled.As I’ve argued previously, the market in 2021overestimated the ability of Upstart’s AI-powered loan underwriting platform to “disrupt” the lending industry. Investors who bought UPST stock near its all-time high paid dearly for their decision, as the company’s growth screeched to a halt, and concerns about its underwriting methods spiked.Even after UPST dropped 91% last year, it can suffer another decline of around 18%. Its unraveling can continue if its transaction volumes keep falling and its default rates rise going forward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920918938,"gmtCreate":1670417269225,"gmtModify":1676538363459,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920918938","repostId":"1127887520","repostType":2,"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962535756,"gmtCreate":1669803132576,"gmtModify":1676538246442,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9962535756","repostId":"1122458325","repostType":2,"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968727058,"gmtCreate":1669335361374,"gmtModify":1676538183972,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9968727058","repostId":"1189351093","repostType":2,"repost":{"id":"1189351093","pubTimestamp":1669333615,"share":"https://www.laohu8.com/m/news/1189351093?lang=&edition=full","pubTime":"2022-11-25 07:46","market":"other","language":"en","title":"Binance to Commit $1B for Crypto Recovery Initiative","url":"https://stock-news.laohu8.com/highlight/detail?id=1189351093","media":"Seeking Alpha","summary":"Binance Holdings is aiming for a roughly$1B fund for the potential purchase of distressed assets in ","content":"<html><head></head><body><ul><li>Binance Holdings is aiming for a roughly$1B fund for the potential purchase of distressed assets in the digital-asset sector and will make another bid for bankrupt lender Voyager Digital, its CEO Changpeng Zhao said.</li><li>The move comes at a time when the crypto market is teetering from the collapse of FTX, which is seeking Chapter 11 bankruptcy protection in the United States.</li><li>Binance said it intends to ramp up its commitment amount to $2B in the near future depending on need.</li><li>This year’s deep crypto rout has lopped about $80B off Zhao’s personal fortune but at $15B it still far exceeds anyone else in crypto, according to the Bloomberg Billionaires Index.</li></ul></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Binance to Commit $1B for Crypto Recovery Initiative</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\">\nBinance to Commit $1B for Crypto Recovery Initiative\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-25 07:46 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3911272-binance-to-commit-1b-for-crypto-recovery-initiative><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Binance Holdings is aiming for a roughly$1B fund for the potential purchase of distressed assets in the digital-asset sector and will make another bid for bankrupt lender Voyager Digital, its CEO ...</p>\n\n<a href=\"https://seekingalpha.com/news/3911272-binance-to-commit-1b-for-crypto-recovery-initiative\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3911272-binance-to-commit-1b-for-crypto-recovery-initiative","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189351093","content_text":"Binance Holdings is aiming for a roughly$1B fund for the potential purchase of distressed assets in the digital-asset sector and will make another bid for bankrupt lender Voyager Digital, its CEO Changpeng Zhao said.The move comes at a time when the crypto market is teetering from the collapse of FTX, which is seeking Chapter 11 bankruptcy protection in the United States.Binance said it intends to ramp up its commitment amount to $2B in the near future depending on need.This year’s deep crypto rout has lopped about $80B off Zhao’s personal fortune but at $15B it still far exceeds anyone else in crypto, according to the Bloomberg Billionaires Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968860361,"gmtCreate":1669177052554,"gmtModify":1676538163151,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9968860361","repostId":"2285863548","repostType":4,"repost":{"id":"2285863548","pubTimestamp":1669165202,"share":"https://www.laohu8.com/m/news/2285863548?lang=&edition=full","pubTime":"2022-11-23 09:00","market":"us","language":"en","title":"Apple: The Last FANG Standing","url":"https://stock-news.laohu8.com/highlight/detail?id=2285863548","media":"Seekingalpha","summary":"The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech st","content":"<html><head></head><body><h2>The Fall From the Top</h2><p>To this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop coming for tech stocks in late November last year, right as the market peaked. Well, some of the declines surpassed even my expectations. So, let&#39;s look at how top-tech stocks have performed during this downturn.</p><h2><b>Bear Market Peak to Trough Declines</b></h2><ul><li><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META): 74%</li><li>Amazon (AMZN): 55%</li><li>Netflix (NFLX): 75%</li><li>Alphabet (GOOG) (GOOGL): 45%</li><li>Nvidia (NVDA): 69%</li><li>Advanced Micro Devices (AMD): 67%</li><li>Tesla (TSLA): 58%</li><li>Microsoft (MSFT): 40%</li><li>Apple: 28%</li></ul><p>&#34;FANG&#34; stocks went through considerable declines ranging from 40-75% during the bear market phase. However, one giant tech stock stood out, declining by just 28% during the recent tech drop. I&#39;ve been a fan of Apple for many years, not just the stock but the company&#39;s products. I still have my iPhone 12 Pro Max, which I purchased for $1,300 last year. Moreover, I&#39;ve been shopping for a new notebook and decided to upgrade to the MacBook Pro 14 version. However, perhaps the best Apple purchase was investing in the company&#39;s stock in 2007 when the iPhone came out.</p><p><b>Apple 15-Year Chart</b></p><p></p><p><img src=\"https://static.tigerbbs.com/d2e40b56a7fcdf6e0d617ae9739bb504\" tg-width=\"640\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>AAPL (macrotrends.com)</p><p>Remarkably, the stock was only around $3 (split adjusted) back then. Apple&#39;s stock has been one of the top performers in this time frame, appreciating by approximately 6,000% (trough to peak). Apple is an excellent company with extraordinary earnings potential. The company also produces arguably the best products in the world, and the company&#39;s services business continues booming. Despite the likelihood of near-term volatility, Apple stock&#39;s downside is probably limited. Moreover, the company&#39;s growth prospects and profitability potential should improve, enabling Apple&#39;s stock price to appreciate considerably in the coming years.</p><h2>The Apple Advantage</h2><p>The iPhone accounts for a substantial portion of Apple&#39;s revenues. The iPhone segment raked in approximately $205.5 billion last year, accounting for roughly 52% of total sales. However, the iPhone remains hugely popular in the U.S. and globally and should continue increasing sales as the company moves forward.</p><p></p><p><img src=\"https://static.tigerbbs.com/c1febbb809434b24e3b45b9f69a098f6\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>U.S. smartphone market share (couterpointresearch.com)</p><p>The iPhone dominates in the U.S. with about a 50% smartphone market share. Many consumers consider Apple&#39;s products superior in quality, and once on an iPhone, many customers become lifelong users. This dynamic separates the iPhone from the Android market. Consumers have several producers to choose from in the Android market, but at the end of the day, there is only one iPhone producer, Apple. Therefore, we should continue seeing robust demand in the U.S., and iPhone sales should continue growing globally.</p><p></p><p><img src=\"https://static.tigerbbs.com/9991067830ed1a4a7ca2a503ce4501a8\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Global smartphone share (counterpointresearch.com)</p><p>Globally, Apple&#39;s smartphone market share is only about 16%, second to Samsung&#39;s 21% market share. Therefore, Apple has significant opportunities for growth outside of the U.S. market, and the company could expand its market share substantially in the coming years. While Samsung makes an excellent cellphone, Apple is still the Apple. The new S22 has fantastic features, but the iPhone 14 wins in many categories.</p><p>Also, there is just something about the iPhone that makes it a status symbol in many countries. I&#39;ve visited many countries, and in many places, there is nothing more prestigious than having the latest iPhone in your pocket. Therefore, we should continue to see iPhone sales increasing, especially as the downturn concludes, leading to substantially higher revenues for Apple.</p><p><b>Apple&#39;s Revenues</b></p><p></p><p><img src=\"https://static.tigerbbs.com/94e59aafd97a4c359527a3451375c13c\" tg-width=\"640\" tg-height=\"313\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Apple revenues (businessquant.com)</p><p>Apple&#39;s revenue has exploded, reaching nearly $400 billion last (fiscal) year. We&#39;ve seen a 73% revenue increase since 2013, and we should continue seeing revenue growth from here.</p><p><b>Revenue by Segment</b></p><p></p><p><img src=\"https://static.tigerbbs.com/c4bac139075d16dd164699c0b8cd7c6a\" tg-width=\"640\" tg-height=\"329\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Segment revenues (businessquant.com)</p><p><b>Revenue Breakdown</b></p><p></p><p><img src=\"https://static.tigerbbs.com/dafd49eca7cebc39c194cbd7524898ae\" tg-width=\"640\" tg-height=\"153\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Segment revenues (businessquant.com)</p><p>After being stagnant for several years, Mac revenues have shot up lately, increasing from around $25-26 billion in 2017-2019 to more than $40 billion last year, an increase of 60%. Therefore, the Mac business is working and should continue generating growth and profitability in future years. Services continue doing exceptionally well, growing revenues by a whopping 160% over the last five years. iPhone revenues have surged by 50% in just two years. Perhaps the most exciting segment, &#34;other&#34; revenues, have skyrocketed by 240% in the last five years. Total revenues have increased by 43% over the previous two years.</p><h2>What We Should See From Apple Moving Forward</h2><p><b>Revenue Estimates</b></p><p></p><p><img src=\"https://static.tigerbbs.com/cdbc2ac111d88928e53ea99d38968619\" tg-width=\"640\" tg-height=\"245\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue estimates (seekingalpha.com)</p><p>Revenues should continue increasing from here. Consensus estimates are for around <i>$520 billion</i> in revenues in fiscal 2027, but Apple may do better. Apple is accustomed to surpassing analysts&#39; revenue and EPS estimates, and the company should continue outperforming expectations.</p><p><b>Recent Earnings</b></p><p>Recently, Apple reported revenues of $90.15 billion (8.1% YoY increase), exceeding expectations of $88.9 billion. Q4 EPS came in at $1.29, a beat by two cents. iPhone revenues increased by about 10% YoY, Mac revenues surged by 25% over last year, Other products increased by about 10%, and services came in 5% higher over last year. Despite a challenging economic landscape, Apple continues to perform exceptionally well, bringing in solid growth YoY. Once the downturn concludes, we should see more robust growth, leading to outperformance over current consensus analysts&#39; figures. Many analysts predict 3-7% revenue growth in the next few years, but we may see 5-10% growth, leading to substantially higher revenues and profitability potential as the company advances.</p><p><b>EPS Earnings Surprise</b></p><p></p><p><img src=\"https://static.tigerbbs.com/615154027ce88f0ba2e763c8a9f77c6e\" tg-width=\"640\" tg-height=\"180\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Earnings surprise (seekingalpha.com)</p><p>Apple has surprised higher in each of its last twelve earnings announcements, and this trend should continue as we advance. If the trend continues, we could see 5-10% EPS beats in future quarters.</p><p><b>EPS Expectations</b></p><p></p><p><img src=\"https://static.tigerbbs.com/bfec0d8d8ea7db5f8516043b74ffa83e\" tg-width=\"640\" tg-height=\"239\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS growth (seekingalpha.com)</p><p>Due to the general pessimism surrounding the downturn, consensus EPS estimates are very modest here. We see expeditions of approximately 5% annual growth in the next few years. However, as economic conditions improve, we can see 10-15% EPS growth from Apple in future years.</p><h3><b>Here&#39;s what Apple&#39;s financials could look like moving forward:</b></h3><table><tbody><tr><td>Year (fiscal)</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td><td>2029</td></tr><tr><td>Revenue Bs</td><td>$394</td><td>$420</td><td>$450</td><td>$480</td><td>$520</td><td>$555</td><td>$595</td><td>$640</td></tr><tr><td>Revenue growth</td><td>8%</td><td>7%</td><td>7%</td><td>7%</td><td>8%</td><td>7%</td><td>7%</td><td>7%</td></tr><tr><td>EPS</td><td>$6.11</td><td>$6.80</td><td>$7.30</td><td>$8.10</td><td>$9</td><td>$10</td><td>$11.50</td><td>$13</td></tr><tr><td>Forward P/E</td><td>22</td><td>23</td><td>24</td><td>25</td><td>24</td><td>23</td><td>22</td><td>22</td></tr><tr><td>Stock price</td><td>$150</td><td>$170</td><td>$195</td><td>$225</td><td>$240</td><td>$265</td><td>$286</td><td>$330</td></tr></tbody></table><p>Source: The Financial Prophet</p><h2>What Price to Buy Apple</h2><p>Apple may be mildly expensive today at about 22 times forward earnings estimates, but we should see multiple expansion in future years. I have Apple&#39;s valuation peaking at about 25 in 2025, but that is a relatively modest forecast. We could see Apple&#39;s forward P/E ratio increase to 30 or higher when the economy rebounds, sentiment improves, and demand for high-quality stocks increases. However, as we are currently in a slowdown, I recommend stepping back into Apple at about an 18-20 forward P/E ratio, providing a target entry price of around <i>$120-135</i>. That is the price range I prefer to enter a long-term position, as Apple&#39;s stock price will likely appreciate considerably in future 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>Apple: The Last FANG Standing</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: The Last FANG Standing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559954-apple-stock-the-last-fang-standing><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559954-apple-stock-the-last-fang-standing\">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/4559954-apple-stock-the-last-fang-standing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285863548","content_text":"The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop coming for tech stocks in late November last year, right as the market peaked. Well, some of the declines surpassed even my expectations. So, let's look at how top-tech stocks have performed during this downturn.Bear Market Peak to Trough DeclinesMeta Platforms (META): 74%Amazon (AMZN): 55%Netflix (NFLX): 75%Alphabet (GOOG) (GOOGL): 45%Nvidia (NVDA): 69%Advanced Micro Devices (AMD): 67%Tesla (TSLA): 58%Microsoft (MSFT): 40%Apple: 28%\"FANG\" stocks went through considerable declines ranging from 40-75% during the bear market phase. However, one giant tech stock stood out, declining by just 28% during the recent tech drop. I've been a fan of Apple for many years, not just the stock but the company's products. I still have my iPhone 12 Pro Max, which I purchased for $1,300 last year. Moreover, I've been shopping for a new notebook and decided to upgrade to the MacBook Pro 14 version. However, perhaps the best Apple purchase was investing in the company's stock in 2007 when the iPhone came out.Apple 15-Year ChartAAPL (macrotrends.com)Remarkably, the stock was only around $3 (split adjusted) back then. Apple's stock has been one of the top performers in this time frame, appreciating by approximately 6,000% (trough to peak). Apple is an excellent company with extraordinary earnings potential. The company also produces arguably the best products in the world, and the company's services business continues booming. Despite the likelihood of near-term volatility, Apple stock's downside is probably limited. Moreover, the company's growth prospects and profitability potential should improve, enabling Apple's stock price to appreciate considerably in the coming years.The Apple AdvantageThe iPhone accounts for a substantial portion of Apple's revenues. The iPhone segment raked in approximately $205.5 billion last year, accounting for roughly 52% of total sales. However, the iPhone remains hugely popular in the U.S. and globally and should continue increasing sales as the company moves forward.U.S. smartphone market share (couterpointresearch.com)The iPhone dominates in the U.S. with about a 50% smartphone market share. Many consumers consider Apple's products superior in quality, and once on an iPhone, many customers become lifelong users. This dynamic separates the iPhone from the Android market. Consumers have several producers to choose from in the Android market, but at the end of the day, there is only one iPhone producer, Apple. Therefore, we should continue seeing robust demand in the U.S., and iPhone sales should continue growing globally.Global smartphone share (counterpointresearch.com)Globally, Apple's smartphone market share is only about 16%, second to Samsung's 21% market share. Therefore, Apple has significant opportunities for growth outside of the U.S. market, and the company could expand its market share substantially in the coming years. While Samsung makes an excellent cellphone, Apple is still the Apple. The new S22 has fantastic features, but the iPhone 14 wins in many categories.Also, there is just something about the iPhone that makes it a status symbol in many countries. I've visited many countries, and in many places, there is nothing more prestigious than having the latest iPhone in your pocket. Therefore, we should continue to see iPhone sales increasing, especially as the downturn concludes, leading to substantially higher revenues for Apple.Apple's RevenuesApple revenues (businessquant.com)Apple's revenue has exploded, reaching nearly $400 billion last (fiscal) year. We've seen a 73% revenue increase since 2013, and we should continue seeing revenue growth from here.Revenue by SegmentSegment revenues (businessquant.com)Revenue BreakdownSegment revenues (businessquant.com)After being stagnant for several years, Mac revenues have shot up lately, increasing from around $25-26 billion in 2017-2019 to more than $40 billion last year, an increase of 60%. Therefore, the Mac business is working and should continue generating growth and profitability in future years. Services continue doing exceptionally well, growing revenues by a whopping 160% over the last five years. iPhone revenues have surged by 50% in just two years. Perhaps the most exciting segment, \"other\" revenues, have skyrocketed by 240% in the last five years. Total revenues have increased by 43% over the previous two years.What We Should See From Apple Moving ForwardRevenue EstimatesRevenue estimates (seekingalpha.com)Revenues should continue increasing from here. Consensus estimates are for around $520 billion in revenues in fiscal 2027, but Apple may do better. Apple is accustomed to surpassing analysts' revenue and EPS estimates, and the company should continue outperforming expectations.Recent EarningsRecently, Apple reported revenues of $90.15 billion (8.1% YoY increase), exceeding expectations of $88.9 billion. Q4 EPS came in at $1.29, a beat by two cents. iPhone revenues increased by about 10% YoY, Mac revenues surged by 25% over last year, Other products increased by about 10%, and services came in 5% higher over last year. Despite a challenging economic landscape, Apple continues to perform exceptionally well, bringing in solid growth YoY. Once the downturn concludes, we should see more robust growth, leading to outperformance over current consensus analysts' figures. Many analysts predict 3-7% revenue growth in the next few years, but we may see 5-10% growth, leading to substantially higher revenues and profitability potential as the company advances.EPS Earnings SurpriseEarnings surprise (seekingalpha.com)Apple has surprised higher in each of its last twelve earnings announcements, and this trend should continue as we advance. If the trend continues, we could see 5-10% EPS beats in future quarters.EPS ExpectationsEPS growth (seekingalpha.com)Due to the general pessimism surrounding the downturn, consensus EPS estimates are very modest here. We see expeditions of approximately 5% annual growth in the next few years. However, as economic conditions improve, we can see 10-15% EPS growth from Apple in future years.Here's what Apple's financials could look like moving forward:Year (fiscal)20222023202420252026202720282029Revenue Bs$394$420$450$480$520$555$595$640Revenue growth8%7%7%7%8%7%7%7%EPS$6.11$6.80$7.30$8.10$9$10$11.50$13Forward P/E2223242524232222Stock price$150$170$195$225$240$265$286$330Source: The Financial ProphetWhat Price to Buy AppleApple may be mildly expensive today at about 22 times forward earnings estimates, but we should see multiple expansion in future years. I have Apple's valuation peaking at about 25 in 2025, but that is a relatively modest forecast. We could see Apple's forward P/E ratio increase to 30 or higher when the economy rebounds, sentiment improves, and demand for high-quality stocks increases. However, as we are currently in a slowdown, I recommend stepping back into Apple at about an 18-20 forward P/E ratio, providing a target entry price of around $120-135. That is the price range I prefer to enter a long-term position, as Apple's stock price will likely appreciate considerably in future years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968926318,"gmtCreate":1669104775135,"gmtModify":1676538152746,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9968926318","repostId":"2285386886","repostType":2,"repost":{"id":"2285386886","pubTimestamp":1669104486,"share":"https://www.laohu8.com/m/news/2285386886?lang=&edition=full","pubTime":"2022-11-22 16:08","market":"us","language":"en","title":"Apple And Taiwan Semiconductor: Let's Ask Buffett","url":"https://stock-news.laohu8.com/highlight/detail?id=2285386886","media":"Seeking Alpha","summary":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his","content":"<html><head></head><body><h2>Summary</h2><ul><li>As a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.</li><li>But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.</li><li>The choice is even more puzzling when viewed under the context of his largest holding, Apple.</li><li>There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.</li><li>However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/511f126f81b7dac4ef1687fe1d622bbe\" tg-width=\"1080\" tg-height=\"719\" referrerpolicy=\"no-referrer\"/><span>Jamie McCarthy</span></p><h2>The investment thesis</h2><p>As a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79878ff126c58641fbbd5a5aa3c0b334\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/><span>Source: Dataroma.com</span></p><p>The surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&amp;D yield that is even better than AAPL.</p><p>However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.</p><p>The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.</p><p>In the remainder of this article, I will further analyze the details of these above considerations in more detail.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df9d37af226f63d9047697f699ffa010\" tg-width=\"640\" tg-height=\"527\" referrerpolicy=\"no-referrer\"/><span>Source: The World Bank</span></p><h2>TSM’s valuation advantage</h2><p>First, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.</p><p>To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let&#39;s compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.</p><p>Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&amp;D investments and also superb R&amp;D yield that even surpasses AAPL.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd9101b641f06753dca5fee60c5e18ff\" tg-width=\"640\" tg-height=\"496\" referrerpolicy=\"no-referrer\"/><span>Source: Seeking Alpha data</span></p><h2>TSM’s more consistent and aggressive R&amp;D</h2><p>As detailed in our earlier articles:</p><blockquote><i>We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&amp;D efforts sustainably, and B) the overall efficiency of the R&amp;D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&amp;D expenditures, and B) has demonstrated a consistent R&amp;D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).</i></blockquote><p>And both TSM and AAPL can sustainably fund their new R&amp;D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&amp;D expenses over the past 10 years as a percentage of their total sales. A few key observations:</p><ul><li>TSM has been investing very consistently in R&amp;D efforts, on average about 8.0% of its total sales.</li><li>AAPL&#39;s R&amp;D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it &#34;has nothing to do with how much R&amp;D money” a business put in. Then Cook gradually increased the R&amp;D investments to the current level of around 6.1% since 2018.</li><li>So even at AAPL’s current R&amp;D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&amp;D expenses only fluctuated in a very narrow range over the past 10 years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68ba62925d409c0646d95b62223ef4b9\" tg-width=\"640\" tg-height=\"355\" referrerpolicy=\"no-referrer\"/><span>Source: Author</span></p><p>More impressively, TSM’s yield on the R&amp;D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&amp;D expenses. More specifically, the chart quantifies the R&amp;D yield by taking the ratio between profit and R&amp;D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&amp;D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&amp;D cycle. And the key observations are:</p><ul><li>The R&amp;D yield is also consistent for TSM, with an average of $6.75 since 2014.</li><li>AAPL’s picture is a bit more colorful. Its R&amp;D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&amp;D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.</li><li>To provide a broader view, the FAAMG group features an average R&amp;D yield of ~$2.5 in recent years.</li><li>Thus, both AAPL and TSM boast superb R&amp;D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72e8c1b1427c0babf39d38ec60269d28\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Both enjoy high ROCE too, but AAPL is in its own category</h2><p>To me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&amp;A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:</p><p>Long-Term Growth Rate = ROCE * RR</p><p>The ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.</p><p>In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.</p><p>So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98b3ddd710705df7ba8e09cb93f9b81a\" tg-width=\"640\" tg-height=\"334\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Risks and final thought</h2><p>But to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&amp;D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.</p><p>And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.</p><p><i>This article is written by Envision Research for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple And Taiwan Semiconductor: Let's Ask Buffett</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 And Taiwan Semiconductor: Let's Ask Buffett\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-22 16:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285386886","content_text":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.The choice is even more puzzling when viewed under the context of his largest holding, Apple.There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.Jamie McCarthyThe investment thesisAs a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.Source: Dataroma.comThe surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&D yield that is even better than AAPL.However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.In the remainder of this article, I will further analyze the details of these above considerations in more detail.Source: The World BankTSM’s valuation advantageFirst, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let's compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&D investments and also superb R&D yield that even surpasses AAPL.Source: Seeking Alpha dataTSM’s more consistent and aggressive R&DAs detailed in our earlier articles:We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).And both TSM and AAPL can sustainably fund their new R&D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&D expenses over the past 10 years as a percentage of their total sales. A few key observations:TSM has been investing very consistently in R&D efforts, on average about 8.0% of its total sales.AAPL's R&D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it \"has nothing to do with how much R&D money” a business put in. Then Cook gradually increased the R&D investments to the current level of around 6.1% since 2018.So even at AAPL’s current R&D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&D expenses only fluctuated in a very narrow range over the past 10 years.Source: AuthorMore impressively, TSM’s yield on the R&D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&D expenses. More specifically, the chart quantifies the R&D yield by taking the ratio between profit and R&D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&D cycle. And the key observations are:The R&D yield is also consistent for TSM, with an average of $6.75 since 2014.AAPL’s picture is a bit more colorful. Its R&D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.To provide a broader view, the FAAMG group features an average R&D yield of ~$2.5 in recent years.Thus, both AAPL and TSM boast superb R&D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.Source: Author based on Seeking Alpha dataBoth enjoy high ROCE too, but AAPL is in its own categoryTo me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:Long-Term Growth Rate = ROCE * RRThe ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).Source: Author based on Seeking Alpha dataRisks and final thoughtBut to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.This article is written by Envision Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9984110241,"gmtCreate":1667561647283,"gmtModify":1676537937864,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9984110241","repostId":"2280527752","repostType":2,"repost":{"id":"2280527752","pubTimestamp":1667576825,"share":"https://www.laohu8.com/m/news/2280527752?lang=&edition=full","pubTime":"2022-11-04 23:47","market":"us","language":"en","title":"Apple: Time To Reset Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2280527752","media":"seekingalpha","summary":"SummaryApple has been a driving force behind the market, but expectations need to be reset.A weakeni","content":"<html><head></head><body><p>Summary</p><ul><li>Apple has been a driving force behind the market, but expectations need to be reset.</li><li>A weakening consumer will be a headwind for Apple in the near term.</li><li>Apple released its Q4 earnings last week that were actually pretty solid when compared to the other tech giants that struggled mightily last week.</li></ul><p><a href=\"https://laohu8.com/S/AAPL\">Apple</a> has been the glue that has held the big tech sector together over the course of the past week. When the likes of <a href=\"https://laohu8.com/S/AMZN\">Amazon</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft </a>, and <a href=\"https://laohu8.com/S/GOOGL\">Alphabet </a> reported poor or &#34;OK&#34; numbers with weak guidance, those stocks fell and some fell really hard.</p><p>Take a look at the performance for these stocks over the past six trading days:</p><ul><li><b>META down over 30%</b></li><li><b>AMZN down over 25%</b></li><li><b>GOOGL down over 15%</b></li><li><b>MSFT down over 12%</b></li></ul><p>Then comes AAPL who reported Q4 earnings towards the end of the week, and they were pretty solid. AAPL shares jumped nearly 8% the day after reporting earnings.</p><p>Given that the consumer is beginning to weaken, which has become more evident with the plummeting personal savings numbers which have been cleared out due to high inflation and rising interest rates, I believe the consumer headwinds are a cause for concern as it pertains to AAPL shares.</p><h2>Q4 Earnings Were Enough</h2><p>Apple reported Q4 2022 earnings that showed the following:</p><ul><li><b>EPS </b>$1.29 vs. $1.27 estimated</li><li><b>Revenue</b>. $90.15 billion vs. $88.90 billion estimated, <b>up 8.1%</b> year-over-year</li><li><b>iPhone revenue:</b> $42.63 billion vs. $43.21 billion estimated, <b>up 9.67%</b> year-over-year</li><li><b>Mac revenue:</b> $11.51 billion vs. $9.36 billion estimated, <b>up 25.39%</b> year-over-year</li><li><b>iPad revenue</b>: $7.17 billion vs. $7.94 billion estimated, <b>down 13.06%</b> year-over-year</li><li><b>Other Products revenue: </b>$9.65 billion vs. $9.17 billion estimated, <b>up 9.85%</b> year-over-year</li><li><b>Services revenue:</b> $19.19 billion vs. $20.10 billion estimated, <b>up 4.98%</b> year-over-year</li><li><b>Gross margin:</b> 42.3% vs. 42.1% estimated</li></ul><p>Apple beat on both the top and bottom line, but iPhone revenue and iPad revenue fell short. Mac revenue on the other hand surged higher, growing 25% over the prior year.</p><p>Apple did not provide any additional guidance for their Q1 2023 quarter, which tends to be the strongest quarter of the year, as it falls within the holidays.</p><p>Some of the revenue earned during the quarter was attributed to Q3 sales that were not fulfilled due to supply chain issues at the time, but most of those issues have been resolved.</p><h2>Headwinds Are Evident</h2><p>When assessing a stock, it is always important to look from the outside in. I like to first focus on the macro environment and see how it can affect a specific company before looking more at company specific metrics.</p><p>From a macro environment standpoint, the headwinds are evident. It is not secret that Apple generates the majority of their revenue outside of the US and that means they continue to fight the currency headwind. <b>Apple CEO Tim Cook stated that revenue would have grown &#34;double-digits&#34; if not for the strong US dollar.</b></p><p>Mr. Cook went on to explain that the &#34;foreign currency headwinds were over 600 basis points during the most recent quarter&#34;, which is quite significant.</p><p>Although the most recent quarter did not run into that many supply chain issues, as explained by the management team, one area that was supply constrained was the iPhone 14 Pro. Based on orders and wait times, the more expensive iPhone 14 Pro has been selling quite well. The iPhone 14 (regular) on the other hand not so much, and this is where a lot of rumblings have been coming out about suppliers pausing work based on Apple&#39;s direction.</p><p>Apple glass supplier Corning (GLW) noted in their most recent quarterly report that smartphone and tablet sales slowed, which could book a look-through to the next quarter for Apple.</p><p>The next headwind is one that might hurt the worst, a weakening consumer. Recent financial data came out showing signs that the US consumer could be breaking down. The total US credit card balance hit $916 billion in September, as consumers turn to credit to help deal with high inflation. In addition, the boom in the personal savings rate that we heard about during the pandemic, is all but gone. In fact, the US personal savings hit $555.7 billion, which was the lowest levels seen since 2009.</p><p>A weakening consumer means that larger purchases, like iPhones, iPads, Macs, and all that will be second guessed.</p><p>And finally, the Services segment of Apple that many have been high on for years now, is beginning to slow. In Q4, the Services segment grew only 5%. In fact, total revenue by quarter has fallen for two consecutive quarters now for the first time ever.</p><p>To combat this, Apple did recently announce price hikes to many of their service offerings, such as: Apple Music, Apple TV+, and Apple One.</p><h2>Investor Takeaway</h2><p>Apple has held the tech sector together for the most part in what was a brutal earnings season for the sector, but I do not foresee that being the case much longer. Apple themselves did not give any guidance, but they did give &#34;direction&#34; and that was mostly focused on a slow holiday season it was is typically their best quarter.</p><p>Given all of this and the headwinds I discussed, I believe it is important for analysts and investors to reset expectations with the stock.</p><p>Apple trades at a price to earnings multiple of 24x and I believe this is just much too high given expectations for the next year. Analysts right now are expecting EPS of $6.28 and revenues of $407.5 billion, which would equate to growth of 2.8% and 3.3%, respectively. Paying 24x for a company growing at those fractions is much too high, which is why I believe the stock needs to come down.</p><p>I love AAPL and believe it can be an essential part of your portfolio, but adding shares at these levels is not in the cards for me at the moment.</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>Apple: Time To Reset Expectations</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: Time To Reset Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-04 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4552702-apple-time-to-reset-expectations><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryApple has been a driving force behind the market, but expectations need to be reset.A weakening consumer will be a headwind for Apple in the near term.Apple released its Q4 earnings last week ...</p>\n\n<a href=\"https://seekingalpha.com/article/4552702-apple-time-to-reset-expectations\">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/4552702-apple-time-to-reset-expectations","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2280527752","content_text":"SummaryApple has been a driving force behind the market, but expectations need to be reset.A weakening consumer will be a headwind for Apple in the near term.Apple released its Q4 earnings last week that were actually pretty solid when compared to the other tech giants that struggled mightily last week.Apple has been the glue that has held the big tech sector together over the course of the past week. When the likes of Amazon, Meta Platforms, Microsoft , and Alphabet  reported poor or \"OK\" numbers with weak guidance, those stocks fell and some fell really hard.Take a look at the performance for these stocks over the past six trading days:META down over 30%AMZN down over 25%GOOGL down over 15%MSFT down over 12%Then comes AAPL who reported Q4 earnings towards the end of the week, and they were pretty solid. AAPL shares jumped nearly 8% the day after reporting earnings.Given that the consumer is beginning to weaken, which has become more evident with the plummeting personal savings numbers which have been cleared out due to high inflation and rising interest rates, I believe the consumer headwinds are a cause for concern as it pertains to AAPL shares.Q4 Earnings Were EnoughApple reported Q4 2022 earnings that showed the following:EPS $1.29 vs. $1.27 estimatedRevenue. $90.15 billion vs. $88.90 billion estimated, up 8.1% year-over-yeariPhone revenue: $42.63 billion vs. $43.21 billion estimated, up 9.67% year-over-yearMac revenue: $11.51 billion vs. $9.36 billion estimated, up 25.39% year-over-yeariPad revenue: $7.17 billion vs. $7.94 billion estimated, down 13.06% year-over-yearOther Products revenue: $9.65 billion vs. $9.17 billion estimated, up 9.85% year-over-yearServices revenue: $19.19 billion vs. $20.10 billion estimated, up 4.98% year-over-yearGross margin: 42.3% vs. 42.1% estimatedApple beat on both the top and bottom line, but iPhone revenue and iPad revenue fell short. Mac revenue on the other hand surged higher, growing 25% over the prior year.Apple did not provide any additional guidance for their Q1 2023 quarter, which tends to be the strongest quarter of the year, as it falls within the holidays.Some of the revenue earned during the quarter was attributed to Q3 sales that were not fulfilled due to supply chain issues at the time, but most of those issues have been resolved.Headwinds Are EvidentWhen assessing a stock, it is always important to look from the outside in. I like to first focus on the macro environment and see how it can affect a specific company before looking more at company specific metrics.From a macro environment standpoint, the headwinds are evident. It is not secret that Apple generates the majority of their revenue outside of the US and that means they continue to fight the currency headwind. Apple CEO Tim Cook stated that revenue would have grown \"double-digits\" if not for the strong US dollar.Mr. Cook went on to explain that the \"foreign currency headwinds were over 600 basis points during the most recent quarter\", which is quite significant.Although the most recent quarter did not run into that many supply chain issues, as explained by the management team, one area that was supply constrained was the iPhone 14 Pro. Based on orders and wait times, the more expensive iPhone 14 Pro has been selling quite well. The iPhone 14 (regular) on the other hand not so much, and this is where a lot of rumblings have been coming out about suppliers pausing work based on Apple's direction.Apple glass supplier Corning (GLW) noted in their most recent quarterly report that smartphone and tablet sales slowed, which could book a look-through to the next quarter for Apple.The next headwind is one that might hurt the worst, a weakening consumer. Recent financial data came out showing signs that the US consumer could be breaking down. The total US credit card balance hit $916 billion in September, as consumers turn to credit to help deal with high inflation. In addition, the boom in the personal savings rate that we heard about during the pandemic, is all but gone. In fact, the US personal savings hit $555.7 billion, which was the lowest levels seen since 2009.A weakening consumer means that larger purchases, like iPhones, iPads, Macs, and all that will be second guessed.And finally, the Services segment of Apple that many have been high on for years now, is beginning to slow. In Q4, the Services segment grew only 5%. In fact, total revenue by quarter has fallen for two consecutive quarters now for the first time ever.To combat this, Apple did recently announce price hikes to many of their service offerings, such as: Apple Music, Apple TV+, and Apple One.Investor TakeawayApple has held the tech sector together for the most part in what was a brutal earnings season for the sector, but I do not foresee that being the case much longer. Apple themselves did not give any guidance, but they did give \"direction\" and that was mostly focused on a slow holiday season it was is typically their best quarter.Given all of this and the headwinds I discussed, I believe it is important for analysts and investors to reset expectations with the stock.Apple trades at a price to earnings multiple of 24x and I believe this is just much too high given expectations for the next year. Analysts right now are expecting EPS of $6.28 and revenues of $407.5 billion, which would equate to growth of 2.8% and 3.3%, respectively. Paying 24x for a company growing at those fractions is much too high, which is why I believe the stock needs to come down.I love AAPL and believe it can be an essential part of your portfolio, but adding shares at these levels is not in the cards for me at the moment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968860361,"gmtCreate":1669177052554,"gmtModify":1676538163151,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9968860361","repostId":"2285863548","repostType":4,"repost":{"id":"2285863548","pubTimestamp":1669165202,"share":"https://www.laohu8.com/m/news/2285863548?lang=&edition=full","pubTime":"2022-11-23 09:00","market":"us","language":"en","title":"Apple: The Last FANG Standing","url":"https://stock-news.laohu8.com/highlight/detail?id=2285863548","media":"Seekingalpha","summary":"The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech st","content":"<html><head></head><body><h2>The Fall From the Top</h2><p>To this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop coming for tech stocks in late November last year, right as the market peaked. Well, some of the declines surpassed even my expectations. So, let&#39;s look at how top-tech stocks have performed during this downturn.</p><h2><b>Bear Market Peak to Trough Declines</b></h2><ul><li><a href=\"https://laohu8.com/S/META\">Meta Platforms</a> (META): 74%</li><li>Amazon (AMZN): 55%</li><li>Netflix (NFLX): 75%</li><li>Alphabet (GOOG) (GOOGL): 45%</li><li>Nvidia (NVDA): 69%</li><li>Advanced Micro Devices (AMD): 67%</li><li>Tesla (TSLA): 58%</li><li>Microsoft (MSFT): 40%</li><li>Apple: 28%</li></ul><p>&#34;FANG&#34; stocks went through considerable declines ranging from 40-75% during the bear market phase. However, one giant tech stock stood out, declining by just 28% during the recent tech drop. I&#39;ve been a fan of Apple for many years, not just the stock but the company&#39;s products. I still have my iPhone 12 Pro Max, which I purchased for $1,300 last year. Moreover, I&#39;ve been shopping for a new notebook and decided to upgrade to the MacBook Pro 14 version. However, perhaps the best Apple purchase was investing in the company&#39;s stock in 2007 when the iPhone came out.</p><p><b>Apple 15-Year Chart</b></p><p></p><p><img src=\"https://static.tigerbbs.com/d2e40b56a7fcdf6e0d617ae9739bb504\" tg-width=\"640\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>AAPL (macrotrends.com)</p><p>Remarkably, the stock was only around $3 (split adjusted) back then. Apple&#39;s stock has been one of the top performers in this time frame, appreciating by approximately 6,000% (trough to peak). Apple is an excellent company with extraordinary earnings potential. The company also produces arguably the best products in the world, and the company&#39;s services business continues booming. Despite the likelihood of near-term volatility, Apple stock&#39;s downside is probably limited. Moreover, the company&#39;s growth prospects and profitability potential should improve, enabling Apple&#39;s stock price to appreciate considerably in the coming years.</p><h2>The Apple Advantage</h2><p>The iPhone accounts for a substantial portion of Apple&#39;s revenues. The iPhone segment raked in approximately $205.5 billion last year, accounting for roughly 52% of total sales. However, the iPhone remains hugely popular in the U.S. and globally and should continue increasing sales as the company moves forward.</p><p></p><p><img src=\"https://static.tigerbbs.com/c1febbb809434b24e3b45b9f69a098f6\" tg-width=\"640\" tg-height=\"427\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>U.S. smartphone market share (couterpointresearch.com)</p><p>The iPhone dominates in the U.S. with about a 50% smartphone market share. Many consumers consider Apple&#39;s products superior in quality, and once on an iPhone, many customers become lifelong users. This dynamic separates the iPhone from the Android market. Consumers have several producers to choose from in the Android market, but at the end of the day, there is only one iPhone producer, Apple. Therefore, we should continue seeing robust demand in the U.S., and iPhone sales should continue growing globally.</p><p></p><p><img src=\"https://static.tigerbbs.com/9991067830ed1a4a7ca2a503ce4501a8\" tg-width=\"640\" tg-height=\"457\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Global smartphone share (counterpointresearch.com)</p><p>Globally, Apple&#39;s smartphone market share is only about 16%, second to Samsung&#39;s 21% market share. Therefore, Apple has significant opportunities for growth outside of the U.S. market, and the company could expand its market share substantially in the coming years. While Samsung makes an excellent cellphone, Apple is still the Apple. The new S22 has fantastic features, but the iPhone 14 wins in many categories.</p><p>Also, there is just something about the iPhone that makes it a status symbol in many countries. I&#39;ve visited many countries, and in many places, there is nothing more prestigious than having the latest iPhone in your pocket. Therefore, we should continue to see iPhone sales increasing, especially as the downturn concludes, leading to substantially higher revenues for Apple.</p><p><b>Apple&#39;s Revenues</b></p><p></p><p><img src=\"https://static.tigerbbs.com/94e59aafd97a4c359527a3451375c13c\" tg-width=\"640\" tg-height=\"313\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Apple revenues (businessquant.com)</p><p>Apple&#39;s revenue has exploded, reaching nearly $400 billion last (fiscal) year. We&#39;ve seen a 73% revenue increase since 2013, and we should continue seeing revenue growth from here.</p><p><b>Revenue by Segment</b></p><p></p><p><img src=\"https://static.tigerbbs.com/c4bac139075d16dd164699c0b8cd7c6a\" tg-width=\"640\" tg-height=\"329\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Segment revenues (businessquant.com)</p><p><b>Revenue Breakdown</b></p><p></p><p><img src=\"https://static.tigerbbs.com/dafd49eca7cebc39c194cbd7524898ae\" tg-width=\"640\" tg-height=\"153\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Segment revenues (businessquant.com)</p><p>After being stagnant for several years, Mac revenues have shot up lately, increasing from around $25-26 billion in 2017-2019 to more than $40 billion last year, an increase of 60%. Therefore, the Mac business is working and should continue generating growth and profitability in future years. Services continue doing exceptionally well, growing revenues by a whopping 160% over the last five years. iPhone revenues have surged by 50% in just two years. Perhaps the most exciting segment, &#34;other&#34; revenues, have skyrocketed by 240% in the last five years. Total revenues have increased by 43% over the previous two years.</p><h2>What We Should See From Apple Moving Forward</h2><p><b>Revenue Estimates</b></p><p></p><p><img src=\"https://static.tigerbbs.com/cdbc2ac111d88928e53ea99d38968619\" tg-width=\"640\" tg-height=\"245\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue estimates (seekingalpha.com)</p><p>Revenues should continue increasing from here. Consensus estimates are for around <i>$520 billion</i> in revenues in fiscal 2027, but Apple may do better. Apple is accustomed to surpassing analysts&#39; revenue and EPS estimates, and the company should continue outperforming expectations.</p><p><b>Recent Earnings</b></p><p>Recently, Apple reported revenues of $90.15 billion (8.1% YoY increase), exceeding expectations of $88.9 billion. Q4 EPS came in at $1.29, a beat by two cents. iPhone revenues increased by about 10% YoY, Mac revenues surged by 25% over last year, Other products increased by about 10%, and services came in 5% higher over last year. Despite a challenging economic landscape, Apple continues to perform exceptionally well, bringing in solid growth YoY. Once the downturn concludes, we should see more robust growth, leading to outperformance over current consensus analysts&#39; figures. Many analysts predict 3-7% revenue growth in the next few years, but we may see 5-10% growth, leading to substantially higher revenues and profitability potential as the company advances.</p><p><b>EPS Earnings Surprise</b></p><p></p><p><img src=\"https://static.tigerbbs.com/615154027ce88f0ba2e763c8a9f77c6e\" tg-width=\"640\" tg-height=\"180\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Earnings surprise (seekingalpha.com)</p><p>Apple has surprised higher in each of its last twelve earnings announcements, and this trend should continue as we advance. If the trend continues, we could see 5-10% EPS beats in future quarters.</p><p><b>EPS Expectations</b></p><p></p><p><img src=\"https://static.tigerbbs.com/bfec0d8d8ea7db5f8516043b74ffa83e\" tg-width=\"640\" tg-height=\"239\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>EPS growth (seekingalpha.com)</p><p>Due to the general pessimism surrounding the downturn, consensus EPS estimates are very modest here. We see expeditions of approximately 5% annual growth in the next few years. However, as economic conditions improve, we can see 10-15% EPS growth from Apple in future years.</p><h3><b>Here&#39;s what Apple&#39;s financials could look like moving forward:</b></h3><table><tbody><tr><td>Year (fiscal)</td><td>2022</td><td>2023</td><td>2024</td><td>2025</td><td>2026</td><td>2027</td><td>2028</td><td>2029</td></tr><tr><td>Revenue Bs</td><td>$394</td><td>$420</td><td>$450</td><td>$480</td><td>$520</td><td>$555</td><td>$595</td><td>$640</td></tr><tr><td>Revenue growth</td><td>8%</td><td>7%</td><td>7%</td><td>7%</td><td>8%</td><td>7%</td><td>7%</td><td>7%</td></tr><tr><td>EPS</td><td>$6.11</td><td>$6.80</td><td>$7.30</td><td>$8.10</td><td>$9</td><td>$10</td><td>$11.50</td><td>$13</td></tr><tr><td>Forward P/E</td><td>22</td><td>23</td><td>24</td><td>25</td><td>24</td><td>23</td><td>22</td><td>22</td></tr><tr><td>Stock price</td><td>$150</td><td>$170</td><td>$195</td><td>$225</td><td>$240</td><td>$265</td><td>$286</td><td>$330</td></tr></tbody></table><p>Source: The Financial Prophet</p><h2>What Price to Buy Apple</h2><p>Apple may be mildly expensive today at about 22 times forward earnings estimates, but we should see multiple expansion in future years. I have Apple&#39;s valuation peaking at about 25 in 2025, but that is a relatively modest forecast. We could see Apple&#39;s forward P/E ratio increase to 30 or higher when the economy rebounds, sentiment improves, and demand for high-quality stocks increases. However, as we are currently in a slowdown, I recommend stepping back into Apple at about an 18-20 forward P/E ratio, providing a target entry price of around <i>$120-135</i>. That is the price range I prefer to enter a long-term position, as Apple&#39;s stock price will likely appreciate considerably in future 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>Apple: The Last FANG Standing</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: The Last FANG Standing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-23 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559954-apple-stock-the-last-fang-standing><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559954-apple-stock-the-last-fang-standing\">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/4559954-apple-stock-the-last-fang-standing","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285863548","content_text":"The Fall From the TopTo this day, Apple (NASDAQ: AAPL) is an exciting company, and the giant tech stock has held up like no other major tech company during this downturn. I wrote about the epic drop coming for tech stocks in late November last year, right as the market peaked. Well, some of the declines surpassed even my expectations. So, let's look at how top-tech stocks have performed during this downturn.Bear Market Peak to Trough DeclinesMeta Platforms (META): 74%Amazon (AMZN): 55%Netflix (NFLX): 75%Alphabet (GOOG) (GOOGL): 45%Nvidia (NVDA): 69%Advanced Micro Devices (AMD): 67%Tesla (TSLA): 58%Microsoft (MSFT): 40%Apple: 28%\"FANG\" stocks went through considerable declines ranging from 40-75% during the bear market phase. However, one giant tech stock stood out, declining by just 28% during the recent tech drop. I've been a fan of Apple for many years, not just the stock but the company's products. I still have my iPhone 12 Pro Max, which I purchased for $1,300 last year. Moreover, I've been shopping for a new notebook and decided to upgrade to the MacBook Pro 14 version. However, perhaps the best Apple purchase was investing in the company's stock in 2007 when the iPhone came out.Apple 15-Year ChartAAPL (macrotrends.com)Remarkably, the stock was only around $3 (split adjusted) back then. Apple's stock has been one of the top performers in this time frame, appreciating by approximately 6,000% (trough to peak). Apple is an excellent company with extraordinary earnings potential. The company also produces arguably the best products in the world, and the company's services business continues booming. Despite the likelihood of near-term volatility, Apple stock's downside is probably limited. Moreover, the company's growth prospects and profitability potential should improve, enabling Apple's stock price to appreciate considerably in the coming years.The Apple AdvantageThe iPhone accounts for a substantial portion of Apple's revenues. The iPhone segment raked in approximately $205.5 billion last year, accounting for roughly 52% of total sales. However, the iPhone remains hugely popular in the U.S. and globally and should continue increasing sales as the company moves forward.U.S. smartphone market share (couterpointresearch.com)The iPhone dominates in the U.S. with about a 50% smartphone market share. Many consumers consider Apple's products superior in quality, and once on an iPhone, many customers become lifelong users. This dynamic separates the iPhone from the Android market. Consumers have several producers to choose from in the Android market, but at the end of the day, there is only one iPhone producer, Apple. Therefore, we should continue seeing robust demand in the U.S., and iPhone sales should continue growing globally.Global smartphone share (counterpointresearch.com)Globally, Apple's smartphone market share is only about 16%, second to Samsung's 21% market share. Therefore, Apple has significant opportunities for growth outside of the U.S. market, and the company could expand its market share substantially in the coming years. While Samsung makes an excellent cellphone, Apple is still the Apple. The new S22 has fantastic features, but the iPhone 14 wins in many categories.Also, there is just something about the iPhone that makes it a status symbol in many countries. I've visited many countries, and in many places, there is nothing more prestigious than having the latest iPhone in your pocket. Therefore, we should continue to see iPhone sales increasing, especially as the downturn concludes, leading to substantially higher revenues for Apple.Apple's RevenuesApple revenues (businessquant.com)Apple's revenue has exploded, reaching nearly $400 billion last (fiscal) year. We've seen a 73% revenue increase since 2013, and we should continue seeing revenue growth from here.Revenue by SegmentSegment revenues (businessquant.com)Revenue BreakdownSegment revenues (businessquant.com)After being stagnant for several years, Mac revenues have shot up lately, increasing from around $25-26 billion in 2017-2019 to more than $40 billion last year, an increase of 60%. Therefore, the Mac business is working and should continue generating growth and profitability in future years. Services continue doing exceptionally well, growing revenues by a whopping 160% over the last five years. iPhone revenues have surged by 50% in just two years. Perhaps the most exciting segment, \"other\" revenues, have skyrocketed by 240% in the last five years. Total revenues have increased by 43% over the previous two years.What We Should See From Apple Moving ForwardRevenue EstimatesRevenue estimates (seekingalpha.com)Revenues should continue increasing from here. Consensus estimates are for around $520 billion in revenues in fiscal 2027, but Apple may do better. Apple is accustomed to surpassing analysts' revenue and EPS estimates, and the company should continue outperforming expectations.Recent EarningsRecently, Apple reported revenues of $90.15 billion (8.1% YoY increase), exceeding expectations of $88.9 billion. Q4 EPS came in at $1.29, a beat by two cents. iPhone revenues increased by about 10% YoY, Mac revenues surged by 25% over last year, Other products increased by about 10%, and services came in 5% higher over last year. Despite a challenging economic landscape, Apple continues to perform exceptionally well, bringing in solid growth YoY. Once the downturn concludes, we should see more robust growth, leading to outperformance over current consensus analysts' figures. Many analysts predict 3-7% revenue growth in the next few years, but we may see 5-10% growth, leading to substantially higher revenues and profitability potential as the company advances.EPS Earnings SurpriseEarnings surprise (seekingalpha.com)Apple has surprised higher in each of its last twelve earnings announcements, and this trend should continue as we advance. If the trend continues, we could see 5-10% EPS beats in future quarters.EPS ExpectationsEPS growth (seekingalpha.com)Due to the general pessimism surrounding the downturn, consensus EPS estimates are very modest here. We see expeditions of approximately 5% annual growth in the next few years. However, as economic conditions improve, we can see 10-15% EPS growth from Apple in future years.Here's what Apple's financials could look like moving forward:Year (fiscal)20222023202420252026202720282029Revenue Bs$394$420$450$480$520$555$595$640Revenue growth8%7%7%7%8%7%7%7%EPS$6.11$6.80$7.30$8.10$9$10$11.50$13Forward P/E2223242524232222Stock price$150$170$195$225$240$265$286$330Source: The Financial ProphetWhat Price to Buy AppleApple may be mildly expensive today at about 22 times forward earnings estimates, but we should see multiple expansion in future years. I have Apple's valuation peaking at about 25 in 2025, but that is a relatively modest forecast. We could see Apple's forward P/E ratio increase to 30 or higher when the economy rebounds, sentiment improves, and demand for high-quality stocks increases. However, as we are currently in a slowdown, I recommend stepping back into Apple at about an 18-20 forward P/E ratio, providing a target entry price of around $120-135. That is the price range I prefer to enter a long-term position, as Apple's stock price will likely appreciate considerably in future years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":69,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9950683137,"gmtCreate":1672747346729,"gmtModify":1676538729579,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Please don't&nbsp;","listText":"Please don't&nbsp;","text":"Please don't","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9950683137","repostId":"1193516696","repostType":2,"repost":{"id":"1193516696","pubTimestamp":1672759936,"share":"https://www.laohu8.com/m/news/1193516696?lang=&edition=full","pubTime":"2023-01-03 23:32","market":"us","language":"en","title":"7 Stocks That Are About to Get Absolutely Crushed","url":"https://stock-news.laohu8.com/highlight/detail?id=1193516696","media":"InvestorPlace","summary":"Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the y","content":"<html><head></head><body><ul><li>Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.</li><li><b>Airbnb</b>(<b>ABNB</b>): The short-term rental platform’s shares remain richly priced, and its future results could fall short of the Street’s forecasts.</li><li><b>Coinbase</b>(<b>COIN</b>): As most retail traders continue to shun crypto, this exchange operator’s fortunes will keep moving in the wrong direction.</li><li><b>First Solar</b>(<b>FSLR</b>): Investors have gone overboard with this solar stock</li><li><b>GameStop</b>(<b>GME</b>): The meme legend remains likely to eventually slide back to its pre-meme stock price.</li><li><b>Nvidia</b>(<b>NVDA</b>): The chipmaker has more room to drop, as the semiconductor industry slowdown continues.</li><li><b>Tesla</b>(<b>TSLA</b>): The EV maker is not a steal at its current prices.</li><li><b>Upstart Holdings</b>(<b>UPST</b>): The story behind this former “hot stock” could keep unraveling.</li></ul><p>After a rough year for investors in 2022, will it be all uphill for them in 2023? That will not necessarily be the case. As the factors driving the market lower over the past 12 months persist, plenty of stocks, including some names that have experienced huge drops from their highs, remain stocks to sell.</p><p>The valuation of some of these stocks remain quite elevated.  That’s because, although richly priced growth stocks have been particularly hard hit due to the rapid rise of interest rates. many names remain overpriced relative to their respective, future prospects.</p><p>Additionally, some stocks will drop further because their fundamentals are deteriorating. With spiking interest rates weighing on economic growth and some economists expecting GDP to contract this year, many companies that were ‘”crushing it” during the pandemic era are at risk of getting “crushed.”</p><p>Investors should unload or steer clear of these seven stocks to sell. Each one of them could get buried further in 2023.</p><p><b>Airbnb (ABNB)</b></p><p>After falling nearly 50% over the past year, <b>Airbnb</b>(NASDAQ: <b>ABNB</b>) may already reflect the end of the “revenge travel” boom, some may argue. Yet despite the big drop of ABNB’s price, the shares are likely to drop further due to two factors that I highlighted in the introduction:  Valuation and worsening fundamentals.</p><p>Right now, ABNB stock trades for 35.5 times its earnings. That would arguably be a reasonable valuation if the company was still poised to grow rapidly.  But with analysts’ estimates calling for the firm to deliver earnings growth of just8.1%in the next year, ABNB’s current price-earnings ratio is excessive.</p><p>Even worse, its results in the coming year could fall to meet analysts’ average estimate. At least, that’s the view of <b>Morgan Stanley</b> analyst Brian Nowak. On Dec. 6, he downgraded ABNB, citing factors such as its slowing active listings growth, as well as concerns that the future increases in its occupancy rates will fall short of forecasts.</p><p><b>Coinbase (COIN)</b></p><p>After tumbling 86% last year, <b>Coinbase</b>(NASDAQ: <b>COIN</b>) may seem at first glance to have a positive risk-reward ratio and provide investors with a good way to bet on a cryptocurrency recovery. Unfortunately, while the shares of the crypto-exchange operator are significantly cheaper today than they were at the start of 2022, there are many reasons to believe that the stock will sink further over the next 12 months.</p><p>As veteran investor and <i>InvestorPlace</i> contributor Louis Navellier argued in his Dec. 16 column, COIN stock will likely tumble deeper into the icy “crypto winter waters”in 2023. After cryptos had already been burned by the big, across-the-board decline of cryptocurrency prices, the recent FTX scandal has provided retail investors with yet another reason to avoid the asset class.</p><p>With many retail investors shunning cryptos, it’s difficult to imagine Coinbase’s revenue, which is expected to have dropped by more than 50% in 2022, making much of a recovery this year. With the odds of another “crypto boom” emerging in the future tiny, COIN will probably continue to crumble.</p><p><b>First Solar (FSLR)</b></p><p>In contrast to most of the other stocks to sell in this column, <b>First Solar</b>(NASDAQ: <b>FSLR</b>) was on a tear last year, jumping 72%. Its gain was thanks mostly to the Inflation Reduction Act, which was signed into law by President Biden in August.</p><p>The law provides ample tax incentives and subsidies to the renewable energy sector. Yet while the legislation is set to boost the company, it’s possible that the market has gone overboard pricing this positive catalyst into FSLR stock. Indeed, the shares today trade for 169 times its earnings.</p><p>Although many believe that First Solar’s profitability will skyrocket next year, that may not happen. As a <i>Seeking Alpha</i> commentator recently argued,a looming recession and tough competition suggest that the company’s profits will fall short of the Street’s outlook.</p><p>While FSLR is still a market darling now, that may not remain the case for long.</p><p><b>GameStop (GME)</b></p><p>The “meme stocks” trend is so 2021. But even in the early stages of 2023 the “meme king, ”<b>GameStop</b>(NYSE:<b>GME</b>), has held onto a modest amount of its gains from the speculative frenzy that transpired nearly two years ago.</p><p>Yet while GameStop is faring better than many of its meme peers like <b>AMC Entertainment</b>(NYSE:<b>AMC</b>), don’t assume GME will keep holding up. The shares continue to be valued primarily on the perceived potential of GameStop’s nascent e-commerce and non-fungible token (or NFT) exchange ventures.  However, the future prospects of these endeavors, which are arguably “moonshots,” are extremely murky.</p><p>Furthermore, GameStop’s core brick-and-mortar retail business continues to flounder, as the video game industry enters a slump. As the company burns through more of its$1 billion of cash, GME stock looks to be on track to keep falling steadily back to its pre-meme price levels. In other words, it’s probably going to fall below $5 per share.</p><p><b>Nvidia (NVDA)</b></p><p><b>Nvidia</b>(NASDAQ: <b>NVDA</b>) stock is also partially, but not fully, pricing in the macroeconomic challenges facing companies. The chipmaker definitely “crushed it” during the pandemic era. Between its fiscal 2020 and FY22, its revenue more than doubled, while its earnings more than tripled.</p><p>However, with the demand for its CPU and GPU chips softening, analysts, on average, expect its revenue to be little changed this fiscal year compared with the last one. What’s more, analysts’ mean estimate calls for its earnings to decline 15.6%, to $3.30 per share. Not only that, but NVDA’s situation could worsen in FY23, as another“chip glut”isn’t out of the question.</p><p>Given these points, along with the fact that NVDA stock trades at a pricey 62 times its trailing earnings, the stock is unlikely to climb a great deal and is poised to sink much further.</p><p>After this year’s tech selloff, many names are now appealing, but NVDA isn’t one of them.</p><p><b>Tesla (TSLA)</b></p><p>In 2020 and 2021, <b>Tesla</b>(NASDAQ: <b>TSLA</b>) slayed its skeptics, as the electric vehicle maker’s earnings skyrocketed, and EV stocks soared as the sector entered bubble territory.</p><p>Over the past year, though, TSLA stock, at one time seemingly unsinkable, has fallen considerably, causing the shares’ forward price-earnings multiple to tumble.  As a result, some believe that the shares have become a steal. So is it time to go bottom fishing with Tesla? Not so fast!</p><p>Believing that TSLA (trading for 22 times forward earnings) is a buy may just be an example of giving too much value to its huge decline.</p><p>That’s because the circumstances that drove this stock to its prior, lofty highs aren’t likely to re-emerge. In fact, as it becomes clearer that Tesla is a car company which is not immune to the cyclical nature of the auto business, its valuation may sink to levels more in line with that of the incumbent automakers.</p><p><b>Upstart Holdings (UPST)</b></p><p>It may seem odd to say that <b>Upstart Holdings</b>(NASDAQ:<b>UPST</b>) still belongs in the “stocks to sell” category, since the shares of the fintech firm currently trade at levels which are light years away from their all-time high. Yet much like Tesla, the “story” behind this former “hot stock” has unraveled.</p><p>As I’ve argued previously, the market in 2021overestimated the ability of Upstart’s AI-powered loan underwriting platform to “disrupt” the lending industry. Investors who bought UPST stock near its all-time high paid dearly for their decision, as the company’s growth screeched to a halt, and concerns about its underwriting methods spiked.</p><p>Even after UPST dropped 91% last year, it can suffer another decline of around 18%. Its unraveling can continue if its transaction volumes keep falling and its default rates rise going forward.</p></body></html>","source":"investorplace","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>7 Stocks That Are About to Get Absolutely Crushed</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\">\n7 Stocks That Are About to Get Absolutely Crushed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-03 23:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.Airbnb(ABNB): The short-term rental platform’s shares remain richly priced, and its future...</p>\n\n<a href=\"https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc.","NVDA":"英伟达","TSLA":"特斯拉","ABNB":"爱彼迎","GME":"游戏驿站","FSLR":"第一太阳能","COIN":"Coinbase Global, Inc."},"source_url":"https://investorplace.com/2023/01/stocks-to-sell-7-that-are-about-to-get-absolutely-crushed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193516696","content_text":"Despite dropping substantially in 2022, these seven stocks to sell could get buried further in the year ahead.Airbnb(ABNB): The short-term rental platform’s shares remain richly priced, and its future results could fall short of the Street’s forecasts.Coinbase(COIN): As most retail traders continue to shun crypto, this exchange operator’s fortunes will keep moving in the wrong direction.First Solar(FSLR): Investors have gone overboard with this solar stockGameStop(GME): The meme legend remains likely to eventually slide back to its pre-meme stock price.Nvidia(NVDA): The chipmaker has more room to drop, as the semiconductor industry slowdown continues.Tesla(TSLA): The EV maker is not a steal at its current prices.Upstart Holdings(UPST): The story behind this former “hot stock” could keep unraveling.After a rough year for investors in 2022, will it be all uphill for them in 2023? That will not necessarily be the case. As the factors driving the market lower over the past 12 months persist, plenty of stocks, including some names that have experienced huge drops from their highs, remain stocks to sell.The valuation of some of these stocks remain quite elevated.  That’s because, although richly priced growth stocks have been particularly hard hit due to the rapid rise of interest rates. many names remain overpriced relative to their respective, future prospects.Additionally, some stocks will drop further because their fundamentals are deteriorating. With spiking interest rates weighing on economic growth and some economists expecting GDP to contract this year, many companies that were ‘”crushing it” during the pandemic era are at risk of getting “crushed.”Investors should unload or steer clear of these seven stocks to sell. Each one of them could get buried further in 2023.Airbnb (ABNB)After falling nearly 50% over the past year, Airbnb(NASDAQ: ABNB) may already reflect the end of the “revenge travel” boom, some may argue. Yet despite the big drop of ABNB’s price, the shares are likely to drop further due to two factors that I highlighted in the introduction:  Valuation and worsening fundamentals.Right now, ABNB stock trades for 35.5 times its earnings. That would arguably be a reasonable valuation if the company was still poised to grow rapidly.  But with analysts’ estimates calling for the firm to deliver earnings growth of just8.1%in the next year, ABNB’s current price-earnings ratio is excessive.Even worse, its results in the coming year could fall to meet analysts’ average estimate. At least, that’s the view of Morgan Stanley analyst Brian Nowak. On Dec. 6, he downgraded ABNB, citing factors such as its slowing active listings growth, as well as concerns that the future increases in its occupancy rates will fall short of forecasts.Coinbase (COIN)After tumbling 86% last year, Coinbase(NASDAQ: COIN) may seem at first glance to have a positive risk-reward ratio and provide investors with a good way to bet on a cryptocurrency recovery. Unfortunately, while the shares of the crypto-exchange operator are significantly cheaper today than they were at the start of 2022, there are many reasons to believe that the stock will sink further over the next 12 months.As veteran investor and InvestorPlace contributor Louis Navellier argued in his Dec. 16 column, COIN stock will likely tumble deeper into the icy “crypto winter waters”in 2023. After cryptos had already been burned by the big, across-the-board decline of cryptocurrency prices, the recent FTX scandal has provided retail investors with yet another reason to avoid the asset class.With many retail investors shunning cryptos, it’s difficult to imagine Coinbase’s revenue, which is expected to have dropped by more than 50% in 2022, making much of a recovery this year. With the odds of another “crypto boom” emerging in the future tiny, COIN will probably continue to crumble.First Solar (FSLR)In contrast to most of the other stocks to sell in this column, First Solar(NASDAQ: FSLR) was on a tear last year, jumping 72%. Its gain was thanks mostly to the Inflation Reduction Act, which was signed into law by President Biden in August.The law provides ample tax incentives and subsidies to the renewable energy sector. Yet while the legislation is set to boost the company, it’s possible that the market has gone overboard pricing this positive catalyst into FSLR stock. Indeed, the shares today trade for 169 times its earnings.Although many believe that First Solar’s profitability will skyrocket next year, that may not happen. As a Seeking Alpha commentator recently argued,a looming recession and tough competition suggest that the company’s profits will fall short of the Street’s outlook.While FSLR is still a market darling now, that may not remain the case for long.GameStop (GME)The “meme stocks” trend is so 2021. But even in the early stages of 2023 the “meme king, ”GameStop(NYSE:GME), has held onto a modest amount of its gains from the speculative frenzy that transpired nearly two years ago.Yet while GameStop is faring better than many of its meme peers like AMC Entertainment(NYSE:AMC), don’t assume GME will keep holding up. The shares continue to be valued primarily on the perceived potential of GameStop’s nascent e-commerce and non-fungible token (or NFT) exchange ventures.  However, the future prospects of these endeavors, which are arguably “moonshots,” are extremely murky.Furthermore, GameStop’s core brick-and-mortar retail business continues to flounder, as the video game industry enters a slump. As the company burns through more of its$1 billion of cash, GME stock looks to be on track to keep falling steadily back to its pre-meme price levels. In other words, it’s probably going to fall below $5 per share.Nvidia (NVDA)Nvidia(NASDAQ: NVDA) stock is also partially, but not fully, pricing in the macroeconomic challenges facing companies. The chipmaker definitely “crushed it” during the pandemic era. Between its fiscal 2020 and FY22, its revenue more than doubled, while its earnings more than tripled.However, with the demand for its CPU and GPU chips softening, analysts, on average, expect its revenue to be little changed this fiscal year compared with the last one. What’s more, analysts’ mean estimate calls for its earnings to decline 15.6%, to $3.30 per share. Not only that, but NVDA’s situation could worsen in FY23, as another“chip glut”isn’t out of the question.Given these points, along with the fact that NVDA stock trades at a pricey 62 times its trailing earnings, the stock is unlikely to climb a great deal and is poised to sink much further.After this year’s tech selloff, many names are now appealing, but NVDA isn’t one of them.Tesla (TSLA)In 2020 and 2021, Tesla(NASDAQ: TSLA) slayed its skeptics, as the electric vehicle maker’s earnings skyrocketed, and EV stocks soared as the sector entered bubble territory.Over the past year, though, TSLA stock, at one time seemingly unsinkable, has fallen considerably, causing the shares’ forward price-earnings multiple to tumble.  As a result, some believe that the shares have become a steal. So is it time to go bottom fishing with Tesla? Not so fast!Believing that TSLA (trading for 22 times forward earnings) is a buy may just be an example of giving too much value to its huge decline.That’s because the circumstances that drove this stock to its prior, lofty highs aren’t likely to re-emerge. In fact, as it becomes clearer that Tesla is a car company which is not immune to the cyclical nature of the auto business, its valuation may sink to levels more in line with that of the incumbent automakers.Upstart Holdings (UPST)It may seem odd to say that Upstart Holdings(NASDAQ:UPST) still belongs in the “stocks to sell” category, since the shares of the fintech firm currently trade at levels which are light years away from their all-time high. Yet much like Tesla, the “story” behind this former “hot stock” has unraveled.As I’ve argued previously, the market in 2021overestimated the ability of Upstart’s AI-powered loan underwriting platform to “disrupt” the lending industry. Investors who bought UPST stock near its all-time high paid dearly for their decision, as the company’s growth screeched to a halt, and concerns about its underwriting methods spiked.Even after UPST dropped 91% last year, it can suffer another decline of around 18%. Its unraveling can continue if its transaction volumes keep falling and its default rates rise going forward.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963325912,"gmtCreate":1668601461436,"gmtModify":1676538082862,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9963325912","repostId":"2283827074","repostType":2,"repost":{"id":"2283827074","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1668601184,"share":"https://www.laohu8.com/m/news/2283827074?lang=&edition=full","pubTime":"2022-11-16 20:19","market":"us","language":"en","title":"Grab Lifts Revenue Outlook on Rideshare, Food Delivery Strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2283827074","media":"Reuters","summary":"Nov 16 (Reuters) - Grab Holdings Ltd on Wednesday raised its forecast for annual revenue as demand f","content":"<html><head></head><body><p>Nov 16 (Reuters) - Grab Holdings Ltd on Wednesday raised its forecast for annual revenue as demand for its ride-hailing service and food deliveries remains strong across Southeast Asia.</p><p>U.S.-listed shares of Southeast Asia&#39;s biggest ride-hailing and food delivery firm rose 15% in trading before the bell.</p><p><img src=\"https://static.tigerbbs.com/a53ce28248e71c377ad01973fad01adf\" tg-width=\"853\" tg-height=\"617\" width=\"100%\" height=\"auto\"/></p><p>Decade-old Grab has become a go-to for consumers in the region as they increasingly step out and return to offices.</p><p>The company said it expected revenue between $1.32 billion and $1.35 billion. It had previously forecast revenue between $1.25 billion and $1.30 billion for the year.</p><p>Grab also raised its forecast for annual gross merchandise volume growth (GMV) to between 22% and 25%. It had previously forecast GMV growth of 21% to 25% for the year.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Grab Lifts Revenue Outlook on Rideshare, Food Delivery Strength</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\">\nGrab Lifts Revenue Outlook on Rideshare, Food Delivery Strength\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-16 20:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 16 (Reuters) - Grab Holdings Ltd on Wednesday raised its forecast for annual revenue as demand for its ride-hailing service and food deliveries remains strong across Southeast Asia.</p><p>U.S.-listed shares of Southeast Asia&#39;s biggest ride-hailing and food delivery firm rose 15% in trading before the bell.</p><p><img src=\"https://static.tigerbbs.com/a53ce28248e71c377ad01973fad01adf\" tg-width=\"853\" tg-height=\"617\" width=\"100%\" height=\"auto\"/></p><p>Decade-old Grab has become a go-to for consumers in the region as they increasingly step out and return to offices.</p><p>The company said it expected revenue between $1.32 billion and $1.35 billion. It had previously forecast revenue between $1.25 billion and $1.30 billion for the year.</p><p>Grab also raised its forecast for annual gross merchandise volume growth (GMV) to between 22% and 25%. It had previously forecast GMV growth of 21% to 25% for the year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283827074","content_text":"Nov 16 (Reuters) - Grab Holdings Ltd on Wednesday raised its forecast for annual revenue as demand for its ride-hailing service and food deliveries remains strong across Southeast Asia.U.S.-listed shares of Southeast Asia's biggest ride-hailing and food delivery firm rose 15% in trading before the bell.Decade-old Grab has become a go-to for consumers in the region as they increasingly step out and return to offices.The company said it expected revenue between $1.32 billion and $1.35 billion. It had previously forecast revenue between $1.25 billion and $1.30 billion for the year.Grab also raised its forecast for annual gross merchandise volume growth (GMV) to between 22% and 25%. It had previously forecast GMV growth of 21% to 25% for the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":80,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935803661,"gmtCreate":1663057857053,"gmtModify":1676537193289,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9935803661","repostId":"1100481645","repostType":2,"repost":{"id":"1100481645","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":1663056064,"share":"https://www.laohu8.com/m/news/1100481645?lang=&edition=full","pubTime":"2022-09-13 16:01","market":"us","language":"en","title":"Option Movers｜Strong New iPhones’ Demand Boosted Apple Call; A Buy Rating Ignited NIO","url":"https://stock-news.laohu8.com/highlight/detail?id=1100481645","media":"Tiger Newspress","summary":"Wall Street extended its winning streak on Monday, rallying to a sharply higher close as investors a","content":"<html><head></head><body><p>Wall Street extended its winning streak on Monday, rallying to a sharply higher close as investors awaited crucial inflation data that could provide clues about the duration and severity of the Federal Reserve&#39;s tightening policy.</p><p>The Dow Jones Industrial Average rose 229.63 points, or 0.71%, to 32,381.34, the S&amp;P 500 gained 43.05 points, or 1.06%, to 4,110.41 and the Nasdaq Composite added 154.10 points, or 1.27%, to 12,266.41.</p><h2>Options Broad View</h2><p>A total volume of 35,306,086 contracts was traded on Monday. Call options account for 56% of total options trades.</p><p>There are 8.18 million <b><a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 ETF Trust</a></b> options traded on Monday. Call options account for 43% of overall option trades. Particularly high volume was seen for the $410 strike call option expiring September 14, with 107,228 contracts trading on Monday.</p><h2>Top 10 Option Volumes</h2><p><b>Top 10: <a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 ETF Trust</a>, <a href=\"https://laohu8.com/S/QQQ\">Invesco QQQ Trust</a>, <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>,<a href=\"https://laohu8.com/S/IWM\">iShares Russell 2000 ETF</a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>, $iShares iBoxx <a href=\"https://laohu8.com/S/HYG\"> High Yield Corporate Bond ETF</a>, <a href=\"https://laohu8.com/S/SLV\">iShares Silver Trust</a>, <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>, <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></b></p><p>Options related to equity index ETFs are still top choices for investors, with2.80 million <b><a href=\"https://laohu8.com/S/QQQ\">Invest QQQ Trust ETF</a></b> options contracts trading on Monday. Call options account for 45% of overall option trades.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/393862a866db4ed5d0ea03e23e0796cc\" tg-width=\"553\" tg-height=\"913\" referrerpolicy=\"no-referrer\"/><span>Source: Tiger Trade APP</span></p><p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> rose 3.85% on Monday as Wall Street analysts cited strong demand for the company’s new product releases. According to JPMorgan Chase analyst Samik Chatterjee, iPhone demand indications are strong following the launch, and while similar to last year the mix continues to be more favorable towards Pro models, lead times for the two Pro models are already more extended relative to last year.</p><p>There are 1.81M Apple option contracts traded on Monday. Call options account for 61% of overall option trades. Particularly high volume was seen for the $165 strike call option expiring Sep16, with 159,404 contracts trading on Monday.</p><h2>Unusual Options Activity</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b6ae070b33665299f929858ebc93df3\" tg-width=\"975\" tg-height=\"343\" referrerpolicy=\"no-referrer\"/><span>Source: Market Chameleon</span></p><p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> surged 13.52% following Deutsche Bank’s reiteration of a “buy” rating. Deutsche analyst Edison Yu reiterated his price target of $39 and raised its full-year delivery forecast by 5,000 vehicles to 140,000. This implies around 57,000 deliveries during Q4.</p><p>NIO&#39;s options trading has also seen relatively large changes. There are 447,262 option contracts traded on Monday. Call options account for 62% of overall option trades. Particularly high volume was seen for the $21 strike call option expiring September 16, with 28,287 contracts trading on Monday.</p><p><b><a href=\"https://laohu8.com/S/ORCL\">Oracle</a></b> rose 1.54% in the normal trading and continued to rise 1.39% in the extended trading; it reported its Q1 results, with EPS of $1.03 missing the consensus estimate of $1.08, while revenue of $11.4 billion (up 18% year-over-year) coming in better than the consensus estimate of $11.33 billion.</p><p>There are 178,796 option contracts traded on Monday. Call options account for 57% of overall option trades. Particularly high volume was seen for the $80 strike call option expiring September 16, with 13,863 contracts trading on Monday.</p><h2>TOP Bullish &amp; Bearish Single Stocks</h2><p>This report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).</p><p>If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.</p><p><b>Top 10 bullish stocks: <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/CLVS\">Clovis Oncology</a>, <a href=\"https://laohu8.com/S/ATUS\">Altice USA Inc.</a>, <a href=\"https://laohu8.com/S/OXY\">Occidental</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>, <a href=\"https://laohu8.com/S/TQQQ\">Nasdaq100 Bull 3X ETF</a>, <a href=\"https://laohu8.com/S/FFIE\">Faraday Future Intelligent Electric Inc.</a>, <a href=\"https://laohu8.com/S/VGK\">Vanguard FTSE Europe ETF</a>, <a href=\"https://laohu8.com/S/MANU\">Manchester United PLC</a>, <a href=\"https://laohu8.com/S/ELAN\">Elanco Animal Health Inc</a></b></p><p><b>Top 10 bearish stocks: <a href=\"https://laohu8.com/S/SLV\">iShares Silver Trust</a>, <a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 ETF Trust</a>, <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>, <a href=\"https://laohu8.com/S/JETS\">U.S. Global Jets ETF</a>, <a href=\"https://laohu8.com/S/VALE\">Vale SA</a>, $iShares iBoxx <a href=\"https://laohu8.com/S/HYG\"> High Yield Corporate Bond ETF</a>, <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a>, <a href=\"https://laohu8.com/S/F\">Ford</a>, <a href=\"https://laohu8.com/S/AAL\">American Airlines</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b27d28fb81cf16db95d4b05c3efac24\" tg-width=\"554\" tg-height=\"277\" referrerpolicy=\"no-referrer\"/><span>Source: Market Chameleon</span></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>Option Movers｜Strong New iPhones’ Demand Boosted Apple Call; A Buy Rating Ignited NIO</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\">\nOption Movers｜Strong New iPhones’ Demand Boosted Apple Call; A Buy Rating Ignited NIO\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\">2022-09-13 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street extended its winning streak on Monday, rallying to a sharply higher close as investors awaited crucial inflation data that could provide clues about the duration and severity of the Federal Reserve&#39;s tightening policy.</p><p>The Dow Jones Industrial Average rose 229.63 points, or 0.71%, to 32,381.34, the S&amp;P 500 gained 43.05 points, or 1.06%, to 4,110.41 and the Nasdaq Composite added 154.10 points, or 1.27%, to 12,266.41.</p><h2>Options Broad View</h2><p>A total volume of 35,306,086 contracts was traded on Monday. Call options account for 56% of total options trades.</p><p>There are 8.18 million <b><a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 ETF Trust</a></b> options traded on Monday. Call options account for 43% of overall option trades. Particularly high volume was seen for the $410 strike call option expiring September 14, with 107,228 contracts trading on Monday.</p><h2>Top 10 Option Volumes</h2><p><b>Top 10: <a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 ETF Trust</a>, <a href=\"https://laohu8.com/S/QQQ\">Invesco QQQ Trust</a>, <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>,<a href=\"https://laohu8.com/S/IWM\">iShares Russell 2000 ETF</a>, <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a>, $iShares iBoxx <a href=\"https://laohu8.com/S/HYG\"> High Yield Corporate Bond ETF</a>, <a href=\"https://laohu8.com/S/SLV\">iShares Silver Trust</a>, <a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a>, <a href=\"https://laohu8.com/S/NVDA\">NVIDIA Corp</a></b></p><p>Options related to equity index ETFs are still top choices for investors, with2.80 million <b><a href=\"https://laohu8.com/S/QQQ\">Invest QQQ Trust ETF</a></b> options contracts trading on Monday. Call options account for 45% of overall option trades.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/393862a866db4ed5d0ea03e23e0796cc\" tg-width=\"553\" tg-height=\"913\" referrerpolicy=\"no-referrer\"/><span>Source: Tiger Trade APP</span></p><p><b><a href=\"https://laohu8.com/S/AAPL\">Apple</a></b> rose 3.85% on Monday as Wall Street analysts cited strong demand for the company’s new product releases. According to JPMorgan Chase analyst Samik Chatterjee, iPhone demand indications are strong following the launch, and while similar to last year the mix continues to be more favorable towards Pro models, lead times for the two Pro models are already more extended relative to last year.</p><p>There are 1.81M Apple option contracts traded on Monday. Call options account for 61% of overall option trades. Particularly high volume was seen for the $165 strike call option expiring Sep16, with 159,404 contracts trading on Monday.</p><h2>Unusual Options Activity</h2><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b6ae070b33665299f929858ebc93df3\" tg-width=\"975\" tg-height=\"343\" referrerpolicy=\"no-referrer\"/><span>Source: Market Chameleon</span></p><p><b><a href=\"https://laohu8.com/S/NIO\">NIO Inc.</a></b> surged 13.52% following Deutsche Bank’s reiteration of a “buy” rating. Deutsche analyst Edison Yu reiterated his price target of $39 and raised its full-year delivery forecast by 5,000 vehicles to 140,000. This implies around 57,000 deliveries during Q4.</p><p>NIO&#39;s options trading has also seen relatively large changes. There are 447,262 option contracts traded on Monday. Call options account for 62% of overall option trades. Particularly high volume was seen for the $21 strike call option expiring September 16, with 28,287 contracts trading on Monday.</p><p><b><a href=\"https://laohu8.com/S/ORCL\">Oracle</a></b> rose 1.54% in the normal trading and continued to rise 1.39% in the extended trading; it reported its Q1 results, with EPS of $1.03 missing the consensus estimate of $1.08, while revenue of $11.4 billion (up 18% year-over-year) coming in better than the consensus estimate of $11.33 billion.</p><p>There are 178,796 option contracts traded on Monday. Call options account for 57% of overall option trades. Particularly high volume was seen for the $80 strike call option expiring September 16, with 13,863 contracts trading on Monday.</p><h2>TOP Bullish &amp; Bearish Single Stocks</h2><p>This report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).</p><p>If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.</p><p><b>Top 10 bullish stocks: <a href=\"https://laohu8.com/S/AAPL\">Apple</a>, <a href=\"https://laohu8.com/S/CLVS\">Clovis Oncology</a>, <a href=\"https://laohu8.com/S/ATUS\">Altice USA Inc.</a>, <a href=\"https://laohu8.com/S/OXY\">Occidental</a>, <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>, <a href=\"https://laohu8.com/S/TQQQ\">Nasdaq100 Bull 3X ETF</a>, <a href=\"https://laohu8.com/S/FFIE\">Faraday Future Intelligent Electric Inc.</a>, <a href=\"https://laohu8.com/S/VGK\">Vanguard FTSE Europe ETF</a>, <a href=\"https://laohu8.com/S/MANU\">Manchester United PLC</a>, <a href=\"https://laohu8.com/S/ELAN\">Elanco Animal Health Inc</a></b></p><p><b>Top 10 bearish stocks: <a href=\"https://laohu8.com/S/SLV\">iShares Silver Trust</a>, <a href=\"https://laohu8.com/S/SPY\">SPDR S&amp;P 500 ETF Trust</a>, <a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a>, <a href=\"https://laohu8.com/S/JETS\">U.S. Global Jets ETF</a>, <a href=\"https://laohu8.com/S/VALE\">Vale SA</a>, $iShares iBoxx <a href=\"https://laohu8.com/S/HYG\"> High Yield Corporate Bond ETF</a>, <a href=\"https://laohu8.com/S/NKLA\">Nikola Corporation</a>, <a href=\"https://laohu8.com/S/F\">Ford</a>, <a href=\"https://laohu8.com/S/AAL\">American Airlines</a>, <a href=\"https://laohu8.com/S/META\">Meta Platforms, Inc.</a></b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b27d28fb81cf16db95d4b05c3efac24\" tg-width=\"554\" tg-height=\"277\" referrerpolicy=\"no-referrer\"/><span>Source: Market Chameleon</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文","NIO":"蔚来","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100481645","content_text":"Wall Street extended its winning streak on Monday, rallying to a sharply higher close as investors awaited crucial inflation data that could provide clues about the duration and severity of the Federal Reserve's tightening policy.The Dow Jones Industrial Average rose 229.63 points, or 0.71%, to 32,381.34, the S&P 500 gained 43.05 points, or 1.06%, to 4,110.41 and the Nasdaq Composite added 154.10 points, or 1.27%, to 12,266.41.Options Broad ViewA total volume of 35,306,086 contracts was traded on Monday. Call options account for 56% of total options trades.There are 8.18 million SPDR S&P 500 ETF Trust options traded on Monday. Call options account for 43% of overall option trades. Particularly high volume was seen for the $410 strike call option expiring September 14, with 107,228 contracts trading on Monday.Top 10 Option VolumesTop 10: SPDR S&P 500 ETF Trust, Invesco QQQ Trust, Apple, Tesla Motors,iShares Russell 2000 ETF, Amazon.com, $iShares iBoxx  High Yield Corporate Bond ETF, iShares Silver Trust, NIO Inc., NVIDIA CorpOptions related to equity index ETFs are still top choices for investors, with2.80 million Invest QQQ Trust ETF options contracts trading on Monday. Call options account for 45% of overall option trades.Source: Tiger Trade APPApple rose 3.85% on Monday as Wall Street analysts cited strong demand for the company’s new product releases. According to JPMorgan Chase analyst Samik Chatterjee, iPhone demand indications are strong following the launch, and while similar to last year the mix continues to be more favorable towards Pro models, lead times for the two Pro models are already more extended relative to last year.There are 1.81M Apple option contracts traded on Monday. Call options account for 61% of overall option trades. Particularly high volume was seen for the $165 strike call option expiring Sep16, with 159,404 contracts trading on Monday.Unusual Options ActivitySource: Market ChameleonNIO Inc. surged 13.52% following Deutsche Bank’s reiteration of a “buy” rating. Deutsche analyst Edison Yu reiterated his price target of $39 and raised its full-year delivery forecast by 5,000 vehicles to 140,000. This implies around 57,000 deliveries during Q4.NIO's options trading has also seen relatively large changes. There are 447,262 option contracts traded on Monday. Call options account for 62% of overall option trades. Particularly high volume was seen for the $21 strike call option expiring September 16, with 28,287 contracts trading on Monday.Oracle rose 1.54% in the normal trading and continued to rise 1.39% in the extended trading; it reported its Q1 results, with EPS of $1.03 missing the consensus estimate of $1.08, while revenue of $11.4 billion (up 18% year-over-year) coming in better than the consensus estimate of $11.33 billion.There are 178,796 option contracts traded on Monday. Call options account for 57% of overall option trades. Particularly high volume was seen for the $80 strike call option expiring September 16, with 13,863 contracts trading on Monday.TOP Bullish & Bearish Single StocksThis report shows stocks with the highest volume of bullish and bearish activity by option delta volume, which converts option volume to an equivalent stock volume (bought or sold).If we take the total positive option delta volume and subtract the total negative option delta volume, we will get the net imbalance. If the net imbalance is positive, there is more bullish pressure. If the net is negative, there is more bearish pressure.Top 10 bullish stocks: Apple, Clovis Oncology, Altice USA Inc., Occidental, Tesla Motors, Nasdaq100 Bull 3X ETF, Faraday Future Intelligent Electric Inc., Vanguard FTSE Europe ETF, Manchester United PLC, Elanco Animal Health IncTop 10 bearish stocks: iShares Silver Trust, SPDR S&P 500 ETF Trust, ARK Innovation ETF, U.S. Global Jets ETF, Vale SA, $iShares iBoxx  High Yield Corporate Bond ETF, Nikola Corporation, Ford, American Airlines, Meta Platforms, Inc.Source: Market Chameleon","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955211781,"gmtCreate":1675439137843,"gmtModify":1676539003480,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9955211781","repostId":"1191090588","repostType":2,"repost":{"id":"1191090588","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":1675438761,"share":"https://www.laohu8.com/m/news/1191090588?lang=&edition=full","pubTime":"2023-02-03 23:39","market":"us","language":"en","title":"Nasdaq, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1191090588","media":"Tiger Newspress","summary":"Major market averages opened to the downside but have since pared back some losses.Early on and the ","content":"<html><head></head><body><p>Major market averages opened to the downside but have since pared back some losses.</p><p>Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session&#39;s big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.</p><p>At the same time the S&amp;P 500 dropped 0.04% and the Dow rose by 0.23%.</p><p><img src=\"https://static.tigerbbs.com/692a3bd8f36a1df97a907f779acf2ee2\" tg-width=\"1080\" tg-height=\"501\" width=\"100%\" height=\"auto\"/></p><p>Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.</p><p>&#34;So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,&#34; Tom Graff, head of research at Facet, tweeted. &#34;Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what&#39;s going on here.&#34;</p><p>&#34;Regardless, ain&#39;t no recession.&#34;</p><p>Unemployment rate is at its lowest level since 1969.</p><p>&#34;A stunning US jobs highlighting the strength of the labor market and its complexities,&#34; Allianz adviser Mohamed El-Erian tweeted. &#34;The puzzle: Wage growth came in as expected (0.3%).&#34;</p><p>Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.</p><p>Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday &#34;to its most accommodative level since last February before tightening into the close as rates sold off,&#34; Deutsche Bank&#39;s Jim Reid said. &#34;Regardless financial conditions remain nearly as loose as we have seen in nearly a year.&#34;</p><p>Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.</p><p>Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.</p><p>Apple stock jumps over 4% in morning trading.</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, and Dow Pare Some Losses; Apple Stock Jumps Over 4%</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\">\nNasdaq, S&P, and Dow Pare Some Losses; Apple Stock Jumps Over 4%\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\">2023-02-03 23:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Major market averages opened to the downside but have since pared back some losses.</p><p>Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session&#39;s big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.</p><p>At the same time the S&amp;P 500 dropped 0.04% and the Dow rose by 0.23%.</p><p><img src=\"https://static.tigerbbs.com/692a3bd8f36a1df97a907f779acf2ee2\" tg-width=\"1080\" tg-height=\"501\" width=\"100%\" height=\"auto\"/></p><p>Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.</p><p>&#34;So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,&#34; Tom Graff, head of research at Facet, tweeted. &#34;Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what&#39;s going on here.&#34;</p><p>&#34;Regardless, ain&#39;t no recession.&#34;</p><p>Unemployment rate is at its lowest level since 1969.</p><p>&#34;A stunning US jobs highlighting the strength of the labor market and its complexities,&#34; Allianz adviser Mohamed El-Erian tweeted. &#34;The puzzle: Wage growth came in as expected (0.3%).&#34;</p><p>Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.</p><p>Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday &#34;to its most accommodative level since last February before tightening into the close as rates sold off,&#34; Deutsche Bank&#39;s Jim Reid said. &#34;Regardless financial conditions remain nearly as loose as we have seen in nearly a year.&#34;</p><p>Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.</p><p>Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.</p><p>Apple stock jumps over 4% in morning trading.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯","AAPL":"苹果",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191090588","content_text":"Major market averages opened to the downside but have since pared back some losses.Early on and the Nasdaq Composite gained 0.02% as it gave back some of the previous session's big gains after Apple (AAPL), Amazon (AMZN) and Alphabet (GOOG) (GOOGL) saw post-earnings declines.At the same time the S&P 500 dropped 0.04% and the Dow rose by 0.23%.Nonfarm payrolls rose by to 517K well above the 185K consensus figure and 260K previous reading. At the same time the unemployment rate declined to 3.4% from 3.5% and the 3.6% forecasted figure.\"So rightfully, people are clearly feeling suspicious about this payroll #. Otherwise bonds would be down (yields up) way more,\" Tom Graff, head of research at Facet, tweeted. \"Bear in mind that January is usually a HUGE seasonal adjustment month, so that could be part of what's going on here.\"\"Regardless, ain't no recession.\"Unemployment rate is at its lowest level since 1969.\"A stunning US jobs highlighting the strength of the labor market and its complexities,\" Allianz adviser Mohamed El-Erian tweeted. \"The puzzle: Wage growth came in as expected (0.3%).\"Yields are up. The 10-year Treasury yield (US10Y) was higher by 15 basis points to 3.54% and the 2-year yield (US2Y) was higher by 20 basis points to 4.29%. Additionally, the U.S. dollar index (DXY) gained 0.6%.Yesterday, Bloomberg’s financial conditions index for the U.S. eased intraday \"to its most accommodative level since last February before tightening into the close as rates sold off,\" Deutsche Bank's Jim Reid said. \"Regardless financial conditions remain nearly as loose as we have seen in nearly a year.\"Additionally, the ISM service index for January arose more than anticipated after a contraction in the prior month. January ISM Services PMI Index data came in at 55.2 compared to the 50.4 consensus point and 49.6 previous reading.Among other active stocks, Nordstrom (JWN) soared on a report that Ryan Cohen had taken a stake.Apple stock jumps over 4% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961062251,"gmtCreate":1668791178373,"gmtModify":1676538114605,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961062251","repostId":"1153536149","repostType":4,"repost":{"id":"1153536149","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":1,"media_name":"Dow Jones","id":"1012688067","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1668783219,"share":"https://www.laohu8.com/m/news/1153536149?lang=&edition=full","pubTime":"2022-11-18 22:53","market":"us","language":"en","title":"Grindr Shares Surged 117% After SPAC Merger","url":"https://stock-news.laohu8.com/highlight/detail?id=1153536149","media":"Dow Jones","summary":"Shares of Grindr Inc. rose in morning trading after the LGBTQ-focused social network and dating app ","content":"<html><head></head><body><p>Shares of Grindr Inc. rose in morning trading after the LGBTQ-focused social network and dating app completed its merger with special-purpose acquisition company Tiga Acquisition Corp.</p><p>Grindr stock surged as much as 116.68%, to $25.2 a share, in morning trading. Shares were halted at $18.42 a share shortly after the markets opened. The stock trades under the ticker GRND on the New York Stock Exchange.</p><p><img src=\"https://static.tigerbbs.com/a96fc4f2bf41fa05bcb3b910b9e2ae24\" tg-width=\"836\" tg-height=\"842\" width=\"100%\" height=\"auto\"/></p><p>&#34;Today marks an important milestone not only for the team at Grindr, but for the LGBTQ community we serve,&#34; Chief Executive George Arison said.</p><p>Mr. Arison, the former chief executive and founder of used car e-commerce platform Shift Technologies Inc., was named chief executive of Grindr earlier this year. The company&#39;s chief financial officer is Vanna Krantz, the former financial chief of Disney Streaming Services.</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>Grindr Shares Surged 117% After SPAC Merger</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\">\nGrindr Shares Surged 117% After SPAC Merger\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1012688067\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-11-18 22:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Shares of Grindr Inc. rose in morning trading after the LGBTQ-focused social network and dating app completed its merger with special-purpose acquisition company Tiga Acquisition Corp.</p><p>Grindr stock surged as much as 116.68%, to $25.2 a share, in morning trading. Shares were halted at $18.42 a share shortly after the markets opened. The stock trades under the ticker GRND on the New York Stock Exchange.</p><p><img src=\"https://static.tigerbbs.com/a96fc4f2bf41fa05bcb3b910b9e2ae24\" tg-width=\"836\" tg-height=\"842\" width=\"100%\" height=\"auto\"/></p><p>&#34;Today marks an important milestone not only for the team at Grindr, but for the LGBTQ community we serve,&#34; Chief Executive George Arison said.</p><p>Mr. Arison, the former chief executive and founder of used car e-commerce platform Shift Technologies Inc., was named chief executive of Grindr earlier this year. The company&#39;s chief financial officer is Vanna Krantz, the former financial chief of Disney Streaming Services.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRND":"GRINDR INC"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153536149","content_text":"Shares of Grindr Inc. rose in morning trading after the LGBTQ-focused social network and dating app completed its merger with special-purpose acquisition company Tiga Acquisition Corp.Grindr stock surged as much as 116.68%, to $25.2 a share, in morning trading. Shares were halted at $18.42 a share shortly after the markets opened. The stock trades under the ticker GRND on the New York Stock Exchange.\"Today marks an important milestone not only for the team at Grindr, but for the LGBTQ community we serve,\" Chief Executive George Arison said.Mr. Arison, the former chief executive and founder of used car e-commerce platform Shift Technologies Inc., was named chief executive of Grindr earlier this year. The company's chief financial officer is Vanna Krantz, the former financial chief of Disney Streaming Services.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9962535756,"gmtCreate":1669803132576,"gmtModify":1676538246442,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9962535756","repostId":"1122458325","repostType":2,"repost":{"id":"1122458325","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":1669799492,"share":"https://www.laohu8.com/m/news/1122458325?lang=&edition=full","pubTime":"2022-11-30 17:11","market":"us","language":"en","title":"Crypto Stocks Gained in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1122458325","media":"Tiger Newspress","summary":"Crypto stocks gained in premarket trading.Marathon Digital rose over 6%; Riot Blockchain rose over 4","content":"<html><head></head><body><p>Crypto stocks gained in premarket trading.</p><p>Marathon Digital rose over 6%; Riot Blockchain rose over 4%; Coinbase rose over 2%.</p><p><img src=\"https://static.tigerbbs.com/e1b31eca981b85019eee7893f773bd44\" tg-width=\"481\" tg-height=\"349\" 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>Crypto Stocks Gained in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto Stocks Gained in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-11-30 17:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Crypto stocks gained in premarket trading.</p><p>Marathon Digital rose over 6%; Riot Blockchain rose over 4%; Coinbase rose over 2%.</p><p><img src=\"https://static.tigerbbs.com/e1b31eca981b85019eee7893f773bd44\" tg-width=\"481\" tg-height=\"349\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc.","MARA":"Marathon Digital Holdings Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122458325","content_text":"Crypto stocks gained in premarket trading.Marathon Digital rose over 6%; Riot Blockchain rose over 4%; Coinbase rose over 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9968926318,"gmtCreate":1669104775135,"gmtModify":1676538152746,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9968926318","repostId":"2285386886","repostType":2,"repost":{"id":"2285386886","pubTimestamp":1669104486,"share":"https://www.laohu8.com/m/news/2285386886?lang=&edition=full","pubTime":"2022-11-22 16:08","market":"us","language":"en","title":"Apple And Taiwan Semiconductor: Let's Ask Buffett","url":"https://stock-news.laohu8.com/highlight/detail?id=2285386886","media":"Seeking Alpha","summary":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his","content":"<html><head></head><body><h2>Summary</h2><ul><li>As a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.</li><li>But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.</li><li>The choice is even more puzzling when viewed under the context of his largest holding, Apple.</li><li>There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.</li><li>However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/511f126f81b7dac4ef1687fe1d622bbe\" tg-width=\"1080\" tg-height=\"719\" referrerpolicy=\"no-referrer\"/><span>Jamie McCarthy</span></p><h2>The investment thesis</h2><p>As a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79878ff126c58641fbbd5a5aa3c0b334\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/><span>Source: Dataroma.com</span></p><p>The surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&amp;D yield that is even better than AAPL.</p><p>However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.</p><p>The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.</p><p>In the remainder of this article, I will further analyze the details of these above considerations in more detail.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df9d37af226f63d9047697f699ffa010\" tg-width=\"640\" tg-height=\"527\" referrerpolicy=\"no-referrer\"/><span>Source: The World Bank</span></p><h2>TSM’s valuation advantage</h2><p>First, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.</p><p>To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let&#39;s compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.</p><p>Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&amp;D investments and also superb R&amp;D yield that even surpasses AAPL.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd9101b641f06753dca5fee60c5e18ff\" tg-width=\"640\" tg-height=\"496\" referrerpolicy=\"no-referrer\"/><span>Source: Seeking Alpha data</span></p><h2>TSM’s more consistent and aggressive R&amp;D</h2><p>As detailed in our earlier articles:</p><blockquote><i>We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&amp;D efforts sustainably, and B) the overall efficiency of the R&amp;D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&amp;D expenditures, and B) has demonstrated a consistent R&amp;D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).</i></blockquote><p>And both TSM and AAPL can sustainably fund their new R&amp;D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&amp;D expenses over the past 10 years as a percentage of their total sales. A few key observations:</p><ul><li>TSM has been investing very consistently in R&amp;D efforts, on average about 8.0% of its total sales.</li><li>AAPL&#39;s R&amp;D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it &#34;has nothing to do with how much R&amp;D money” a business put in. Then Cook gradually increased the R&amp;D investments to the current level of around 6.1% since 2018.</li><li>So even at AAPL’s current R&amp;D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&amp;D expenses only fluctuated in a very narrow range over the past 10 years.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68ba62925d409c0646d95b62223ef4b9\" tg-width=\"640\" tg-height=\"355\" referrerpolicy=\"no-referrer\"/><span>Source: Author</span></p><p>More impressively, TSM’s yield on the R&amp;D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&amp;D expenses. More specifically, the chart quantifies the R&amp;D yield by taking the ratio between profit and R&amp;D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&amp;D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&amp;D cycle. And the key observations are:</p><ul><li>The R&amp;D yield is also consistent for TSM, with an average of $6.75 since 2014.</li><li>AAPL’s picture is a bit more colorful. Its R&amp;D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&amp;D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.</li><li>To provide a broader view, the FAAMG group features an average R&amp;D yield of ~$2.5 in recent years.</li><li>Thus, both AAPL and TSM boast superb R&amp;D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72e8c1b1427c0babf39d38ec60269d28\" tg-width=\"640\" tg-height=\"340\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Both enjoy high ROCE too, but AAPL is in its own category</h2><p>To me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&amp;A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:</p><p>Long-Term Growth Rate = ROCE * RR</p><p>The ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.</p><p>In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.</p><p>So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98b3ddd710705df7ba8e09cb93f9b81a\" tg-width=\"640\" tg-height=\"334\" referrerpolicy=\"no-referrer\"/><span>Source: Author based on Seeking Alpha data</span></p><h2>Risks and final thought</h2><p>But to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&amp;D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.</p><p>And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.</p><p><i>This article is written by Envision Research for reference only. Please note the risks.</i></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple And Taiwan Semiconductor: Let's Ask Buffett</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 And Taiwan Semiconductor: Let's Ask Buffett\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-22 16:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSM":"台积电","AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4559717-apple-and-taiwan-semiconductor-ask-buffett","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2285386886","content_text":"SummaryAs a long-time Buffett cultist, I understand (not to say I am able to anticipate) most of his stock choices.But from time to time, some of his choices still come as a surprise and his recent position in Taiwan Semiconductor is a notable example.The choice is even more puzzling when viewed under the context of his largest holding, Apple.There are certainly positives with Taiwan Semiconductor, that is, even when compared to Apple.However, I see these positives easily overshadowed by the developing tension between them, which produces mutual but asymmetric damage.Jamie McCarthyThe investment thesisAs a long-time Buffett cultist, I feel comfortable saying that I understand most of his investment choices. But occasionally, the grandmaster still manages to make a move that surprises me such as his recent position in TaiwanSemiconductor (NYSE:TSM). To wit, the recent 13F disclosure showed that Buffett opened a sizable position in TSM for the Berkshire Hathaway (BRK.A) (BRK.B) equity portfolio. As you can see from the following chart, his BRK portfolio now holds more than 60.06M shares of TSM with a total worth of over $4.11B. The TSM position is currently the 10thlargest position in the BRK portfolio.Source: Dataroma.comThe surprise comes in several ways. And the more obvious ways (like Buffett’s allergy to tech businesses) have already been discussed by several other SA authors and I won’t further add to it anymore. Here, I want to explore an angle that is less discussed so far. I want to explain why it feels more puzzling to me, that is besides the fact that Buffett added another tech name to his BRK portfolio, when the TSM position is viewed under the context of his largest holding, Apple (NASDAQ:AAPL). There are certainly positives with TSM, that is, even when compared to AAPL. As we will detail in the next section, it is a high-quality stock in its own right. It boasts a large technological lead in its space and an R&D yield that is even better than AAPL.However, I see these positives easily overshadowed by the developing tension between them and also the ongoing deglobalization mega-trend. According to a recentnews report, TSM’s scheduled price raises in 2023 were rejected by AAPL, by far its largest customer. AAPL currently outsources almost all of its processor manufacturing to factories in Taiwan. However, with the U.S. strategic initiatives to push to develop domestic semiconductor foundry capabilities, AAPL (and other U.S. chip players such Advanced Micro Devices (AMD) and NVIDIA (NVDA) too) would be very likely to diversify its chip manufacturing away from TSM. And the damage will be mutual but asymmetric. It is easier for AAPL to find other foundry services to manufacture its chips, and a lot harder for TSM to find such large clients as AAPL.The full impact of such tension and diversification will take time to fully manifest. And TSM’s role as the dominating high-end chipmaker in the world won’t change in the near term. But I see these recent events (such as AAPL’s rejection of the price raises and the recent passing of the CHIPS act) as the turning point. Taking a broader view, I see these events as a logical step, or even an inevitable step, in the deglobalization process – a mega force that has been unfolding for over 10 years as shown in the chart below. The chart illustrates how globalization, measured as the percentage of total exports out of global GDP, has been in decline since its peak in 2008. The percentage has declined from 61% in 2008 to the to 51.6% in 2020. And since 2020, the China-U.S. trade tension, the COVID, and the Russian/Ukraine war have further quickened its pace.In the remainder of this article, I will further analyze the details of these above considerations in more detail.Source: The World BankTSM’s valuation advantageFirst, as mentioned above, there are definitely many positives with TSM even when compared to AAPL. And valuation is an obvious place to start with. As a global leader in the foundry space, it is for sale at a fraction of the overall market and AAPL’s valuation as seen in the chart below.To cite a few examples, TSM’s FY1 PE of 12.8x is almost only 1/2 of AAPL’s 24.2x. Its TTM PE of 13.08x is also about only 1/2 of AAPL’s 24.2x. Considering that these stocks have different leverages and enterprise values (“EV”), let's compare their multiples with leverages adjusted too. As you can see, TSM’s discount is even more dramatic in terms of EV/EBITDA multiples. TSM’s FW EV/EBITDA ratio sits at 7.64x only, less than ½ of AAPL’s 18.18x.Yes, as you will see in the next section, TSM is a high-quality stock in its own right. It boasts a large technological lead in its space, further bolstered by its consistent R&D investments and also superb R&D yield that even surpasses AAPL.Source: Seeking Alpha dataTSM’s more consistent and aggressive R&DAs detailed in our earlier articles:We do not invest in a given tech stock because we have high confidence in a certain product that they are developing in the pipeline. Instead, we feel more comfortable betting on A) the recurring resources available to fund new R&D efforts sustainably, and B) the overall efficiency of the R&D PROCESS. So correspondingly, in the long run, I feel comfortable as long as a tech business can A) sustainably support new R&D expenditures, and B) has demonstrated a consistent R&D yield. I do not feel the need to particularly bet on any one of the new products to be a hit (or a complete failure).And both TSM and AAPL can sustainably fund their new R&D efforts with no problem in the long term, as illustrated in the next chart. It shows their R&D expenses over the past 10 years as a percentage of their total sales. A few key observations:TSM has been investing very consistently in R&D efforts, on average about 8.0% of its total sales.AAPL's R&D expenses have been climbing since Tim Cook took over the company from Jobs. Jobs believed that innovation is not about money and it \"has nothing to do with how much R&D money” a business put in. Then Cook gradually increased the R&D investments to the current level of around 6.1% since 2018.So even at AAPL’s current R&D level, TSM is still outspending AAPL by about 200 basis points. And also note TSM’s consistency: the R&D expenses only fluctuated in a very narrow range over the past 10 years.Source: AuthorMore impressively, TSM’s yield on the R&D investment is also superior to AAPL, which is already at a remarkable level by itself as shown in the next chart. The chart used Buffett’s $1 test on R&D expenses. More specifically, the chart quantifies the R&D yield by taking the ratio between profit and R&D expenditures. Thus, the results show how many dollars of profit are generated per $1 of R&D expenses. In particular, in this chart, my analysis used the operating cash flow (“OPC”) as the profit and also took a 3-year moving average on the OPC to approximate a 3-year R&D cycle. And the key observations are:The R&D yield is also consistent for TSM, with an average of $6.75 since 2014.AAPL’s picture is a bit more colorful. Its R&D yield has been astronomical ($10+ in 2013 and $8+ in 2014 and 2015) thanks to its almost monopoly status in key market segments in those days. Its R&D yield has gradually declined to around ~$4.0 in recent years. And its long-term average was about $5.3.To provide a broader view, the FAAMG group features an average R&D yield of ~$2.5 in recent years.Thus, both AAPL and TSM boast superb R&D yields even when compared to the overachievers in the FAAMG pack, and TSM’s yield is even higher than AAPL by a large gap.Source: Author based on Seeking Alpha dataBoth enjoy high ROCE too, but AAPL is in its own categoryTo me, ROCE (return on capital employed) is the most fundamental profitability metric as detailed in my blog article (with differences compared to ROE and Q&A on the most frequently received questions from our readers). One key reason for its fundamental importance is that the long-term growth rate is governed by ROCE and reinvestment rate (“RR”) in the following simple way:Long-Term Growth Rate = ROCE * RRThe ROCE of TSM and AAPL are shown below for the past 10 years. As you can see, TSM has been maintaining a high ROCE with remarkable consistency here. Its average ROCE has been about 42%. And I cannot overemphasize the consistency – which is a strong indicator of its stable moat. However, AAPL certainly has the upper hand here. Its ROCE is simply a category of its own. It has been hovering around an average of 125% since 2018 after its “declines” from an astronomical (and also unsustainable level in my view) of 200%+ earlier in the decade.In terms of RR, both companies have sustainable capital allocation flexibility thanks to their strong cash generation. All told, my analysis shows that TSM has been maintaining an RR in the range between 7.5% to 10% in recent years, and AAPL about 5% to 7.5%.So even without the trade tensions and deglobalization process aforementioned, I would project AAPL to have a much better perpetual growth curve ahead than TSM. I projected AAPL’s LT growth rate to be up to 10% (7.5% RR * 125% ROCE ~ 10% annual growth rate). And TSM’s growth rate, on the hand, would be limited to be in the mid-single digit range (say 4% = 10% RR * 42% ROCE).Source: Author based on Seeking Alpha dataRisks and final thoughtBut to reiterate, I do see the developing tension between TSM and AAPL and the deglobalization process as the overarching forces here. And I only see the differences in terms of valuation, R&D yields, and profitability to be secondary forces in the years to come. The deglobalization mega-trend has been unfolding since 2008. And I see a series of recent events (such as AAPL’s rejection of TSM’s price raises, the CHIPS act, the ongoing U.S.-China trade frictions, and also the Russian/Ukraine war) to further exacerbate and accelerate the trend. Under such a mega-trend, I see it as inevitable that key chip clients (such as AAPL, AMD, and NVDA) diversify their manufacturing needs away from TSM.And the bottom line is that damage will be mutual but asymmetric the way I see things. It is easier for AAPL to find replacement foundry services but a lot harder for TSM to find replacement clients at the scale of AAPL.This article is written by Envision Research for reference only. Please note the risks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9956864665,"gmtCreate":1673967052858,"gmtModify":1676538909862,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9956864665","repostId":"1110475662","repostType":4,"repost":{"id":"1110475662","pubTimestamp":1673942503,"share":"https://www.laohu8.com/m/news/1110475662?lang=&edition=full","pubTime":"2023-01-17 16:01","market":"us","language":"en","title":"Apple Stock: The Path To $3 Trillion In 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1110475662","media":"TheStreet","summary":"Apple stock was valued at nearly $3 trillion exactly one year ago, but the share price took a 30%-plus dive in the 12 months that followed. How could the milestone be reached in 2023?","content":"<html><head></head><body><ul><li><b>Apple</b> stock came close to being valued at $3 trillion, but the milestone was never reached. Could it happen in 2023?</li></ul><ul><li>AAPL may get there if the economy and the markets at large behave well. The required 42% rally in a single year has not been as rare as some may think.</li></ul><ul><li>If investors are not in too big a hurry, then I think that $3 trillion is a matter of time. I present a few drivers that could push the market cap past this landmark.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86fd5ece26ffdc0df9f537f42fc40d17\" tg-width=\"1152\" tg-height=\"648\" referrerpolicy=\"no-referrer\"/><span>Figure 1: Apple Stock: The Path To $3 Trillion In 2023</span></p><h2>Apple Stock: So Close, Yet So Far</h2><p>Apple stock has come so close to being valued at $3 trillion in market cap that sometimes I forget that the company’s equity has never quite gotten there.</p><p>On January 3 last year, Apple was valued at $2.97 trillion. This was the closest that shares of the Cupertino company have been to the milestone. From there, the stock price tumbled 33% in one year, when the market value dipped slightly below $2 trillion at one point last week.</p><h2>AAPL: 42% Climb To $3 Trillion</h2><p>In order to finally be the first company to breach the $3 trillion mark, Apple would need to see its equity value rise by 42% – from the current share price of $133 to around $189 (this assumes no change in share count).</p><p>It may sound like aggressive expectations, but such a vicious rally could fully unfold in 2023 alone. Historically, AAPL has produced single-year returns of 42% or more 14 times out of 42 years, a whopping one-third of the time (once every three years, on average).</p><h2>Pay Attention To The Economy First</h2><p>For Apple stock to be valued at $3 trillion later this year, I believe that the economy and the equity markets will have to play a crucial role.</p><p>As I explained recently, “if the economy is growing, unemployment is low, inflation is under control, credit access is easy and fairly cheap, companies are investing in their operations and consumers are spending, virtually every corporation and their stocks will do well.”</p><p>This is what positive correlation is all about: one overarching theme (e.g., the economy) having a similar impact across a number of similar assets (e.g., stocks).</p><p>For Apple, reaching a market cap of $3 trillion effectively means returning to an all-time high, and not too much more. But if 2023 witnesses a recession, lingering inflation, stubbornly high interest rates, rich oil prices, severe geopolitical disruptions, or a combination of the above, it is highly unlikely that AAPL will be able to get to the milestone quickly.</p><p>To be fair, Apple stock has been suffering from supply chain issues lately, which helps to explain the underperformance of about 15 percentage points relative to the <b>S&amp;P 500</b> (<b>SPY</b>) in the past three months alone. Should worries ease, AAPL is likely to rebound.</p><p>But again, in terms of the $3 trillion target, we are looking at much more than just a bounce off a 52-week low. Apple stock probably needs more to support longer-lasting momentum.</p><h2>Could $3 Trillion Come After 2023?</h2><p>If investors are in no particular hurry to see AAPL reach $3 trillion, then the task at hand might be much easier to accomplish.</p><p>Given enough time, and assuming Apple remains the tech powerhouse that it has become in the iPhone era, $3 trillion will very likely come to fruition. For example, annual returns of no more than 15% over a period of only three years are enough to do the trick.</p><p>I believe what could send Apple beyond $3 trillion by the end of 2025, for example, are any of the following:</p><ul><li>Successful entry in the AR and VR worlds, first through the launch of a mixed reality device. One is expected to be announced as early as the spring of 2023.</li><li>The development of an autonomous vehicle system in partnership with an automaker – or, who knows, even the launch of an Apple Car. This will probably be a longer-term initiative that is unlikely to move the share price meaningfully this year.</li><li>A recovery in the services segment, which recently registered pitiful YOY revenue growth of only 5% (see chart below). Morgan Stanley once estimated that, due to the massive installed base combined with a very high lifetime value-to-customer acquisition cost ratio, Apple’s subscription business alone might be enough to push the share price beyond $200.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c1195bdd67e955318cdcbac3cc4e9bc\" tg-width=\"949\" tg-height=\"601\" referrerpolicy=\"no-referrer\"/><span>Figure 2: Apple&#39;s services revenue growth since 2019.</span></p></body></html>","source":"thestreet_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: The Path To $3 Trillion In 2023</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: The Path To $3 Trillion In 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-17 16:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/news/apple-stock-the-path-to-3-trillion-in-2023><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple stock came close to being valued at $3 trillion, but the milestone was never reached. Could it happen in 2023?AAPL may get there if the economy and the markets at large behave well. The required...</p>\n\n<a href=\"https://www.thestreet.com/apple/news/apple-stock-the-path-to-3-trillion-in-2023\">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://www.thestreet.com/apple/news/apple-stock-the-path-to-3-trillion-in-2023","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110475662","content_text":"Apple stock came close to being valued at $3 trillion, but the milestone was never reached. Could it happen in 2023?AAPL may get there if the economy and the markets at large behave well. The required 42% rally in a single year has not been as rare as some may think.If investors are not in too big a hurry, then I think that $3 trillion is a matter of time. I present a few drivers that could push the market cap past this landmark.Figure 1: Apple Stock: The Path To $3 Trillion In 2023Apple Stock: So Close, Yet So FarApple stock has come so close to being valued at $3 trillion in market cap that sometimes I forget that the company’s equity has never quite gotten there.On January 3 last year, Apple was valued at $2.97 trillion. This was the closest that shares of the Cupertino company have been to the milestone. From there, the stock price tumbled 33% in one year, when the market value dipped slightly below $2 trillion at one point last week.AAPL: 42% Climb To $3 TrillionIn order to finally be the first company to breach the $3 trillion mark, Apple would need to see its equity value rise by 42% – from the current share price of $133 to around $189 (this assumes no change in share count).It may sound like aggressive expectations, but such a vicious rally could fully unfold in 2023 alone. Historically, AAPL has produced single-year returns of 42% or more 14 times out of 42 years, a whopping one-third of the time (once every three years, on average).Pay Attention To The Economy FirstFor Apple stock to be valued at $3 trillion later this year, I believe that the economy and the equity markets will have to play a crucial role.As I explained recently, “if the economy is growing, unemployment is low, inflation is under control, credit access is easy and fairly cheap, companies are investing in their operations and consumers are spending, virtually every corporation and their stocks will do well.”This is what positive correlation is all about: one overarching theme (e.g., the economy) having a similar impact across a number of similar assets (e.g., stocks).For Apple, reaching a market cap of $3 trillion effectively means returning to an all-time high, and not too much more. But if 2023 witnesses a recession, lingering inflation, stubbornly high interest rates, rich oil prices, severe geopolitical disruptions, or a combination of the above, it is highly unlikely that AAPL will be able to get to the milestone quickly.To be fair, Apple stock has been suffering from supply chain issues lately, which helps to explain the underperformance of about 15 percentage points relative to the S&P 500 (SPY) in the past three months alone. Should worries ease, AAPL is likely to rebound.But again, in terms of the $3 trillion target, we are looking at much more than just a bounce off a 52-week low. Apple stock probably needs more to support longer-lasting momentum.Could $3 Trillion Come After 2023?If investors are in no particular hurry to see AAPL reach $3 trillion, then the task at hand might be much easier to accomplish.Given enough time, and assuming Apple remains the tech powerhouse that it has become in the iPhone era, $3 trillion will very likely come to fruition. For example, annual returns of no more than 15% over a period of only three years are enough to do the trick.I believe what could send Apple beyond $3 trillion by the end of 2025, for example, are any of the following:Successful entry in the AR and VR worlds, first through the launch of a mixed reality device. One is expected to be announced as early as the spring of 2023.The development of an autonomous vehicle system in partnership with an automaker – or, who knows, even the launch of an Apple Car. This will probably be a longer-term initiative that is unlikely to move the share price meaningfully this year.A recovery in the services segment, which recently registered pitiful YOY revenue growth of only 5% (see chart below). Morgan Stanley once estimated that, due to the massive installed base combined with a very high lifetime value-to-customer acquisition cost ratio, Apple’s subscription business alone might be enough to push the share price beyond $200.Figure 2: Apple's services revenue growth since 2019.","news_type":1},"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9911403764,"gmtCreate":1664239487159,"gmtModify":1676537415624,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9911403764","repostId":"1121875613","repostType":4,"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939275409,"gmtCreate":1662127019002,"gmtModify":1676537003547,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9939275409","repostId":"1196099643","repostType":2,"repost":{"id":"1196099643","pubTimestamp":1662126781,"share":"https://www.laohu8.com/m/news/1196099643?lang=&edition=full","pubTime":"2022-09-02 21:53","market":"us","language":"en","title":"Apple’s Car Is Beloved Before It Even Exists","url":"https://stock-news.laohu8.com/highlight/detail?id=1196099643","media":"Bloomberg","summary":"The brand ranked highly in a survey of new-vehicle owners released this week.","content":"<html><head></head><body><p>If semiconductor shortages, recession risks and the once-a-century shift in propulsion weren’t enough to keep auto executives up at night, here’s one more sleep disruptor: Consumers are keen to buy an Apple car before one even exists.</p><p>Strategic Vision just released the results of an annual study that this year reached 200,000 new-vehicle owners. For the first time, the consulting firm included Apple among the more than 45 brands it surveyed consumers about. The findings: 26% said they would “definitely consider” buying a set of wheels from the iPhone maker, behind only Toyota and Honda. And 24% ticked the top box (“I love it”) when asked their impression of the quality of the brand, beating all others by a wide margin.</p><h3>If They Build It, Car Buyers Will Come</h3><p>Apple ranks highly in new-vehicle consideration survey</p><p><img src=\"https://static.tigerbbs.com/c4ae557c2f11238820cc01775f9a6023\" tg-width=\"747\" tg-height=\"468\" width=\"100%\" height=\"auto\"/>That’s serious brand power and suggests there would be significant appetite for autos alongside all those phones, computers, watches and television boxes.</p><p>Whether Tim Cook will actually green-light a product for all these prospective buyers is still unclear. “We’ll see what Apple does,” the chief executive officer told the New York Times last year. “We investigate so many things internally. Many of them never see the light of day.”</p><p>Bloomberg’s Mark Gurman has reported Apple is shooting for a fully autonomous electric car and aims to have one ready around 2025. Many companies working on self-driving technology have been unable to deploy robotaxis on the timelines they targeted, and only a handful are offering ride services in select cities. The National Highway Traffic Safety Administration keeps having to remind Americans that no vehicle available for purchase today is capable of driving itself (hear that, Tesla owners?)</p><p>Autonomous or not, an Apple car could be a formidable force, especially given the amount of tech consumers want in their new vehicles and the challenges incumbents have had meeting those expectations (see Bloomberg’s feature story yesterday on Volkswagen’s software woes.) Cook employs legions of coders capable of developing the brains a modern electric vehicle needs to manage battery power and navigate traffic. The company also owns all sorts of content that could be piped into dashboard screens, assuming passengers will be able to safely avert their eyes from the road.</p><p>For the time being, at least, Apple lacks an industrial partner. But one of the companies it knows best — iPhone assembler Foxconn — recently acquired a former General Motors assembly plant in Ohio from struggling startup Lordstown Motors. That factory is big enough to easily make 400,000 vehicles a year.</p><p>While there are already plans to make Endurance pickups for Lordstown and an EV called the Pear for Fisker, both those companies are unproven startups. There may be plenty of space for Apple in that factory’s future.</p><p>Strategic Vision’s study indicates automakers already having issues responding to the competitive threat posed by Tesla could be in for another menace. But Elon Musk also ought to take notice: More than 50% of Tesla owners said they’d definitely consider a future Apple vehicle. “Everyone should be prepared,” Strategic Vision President Alexander Edwards says.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple’s Car Is Beloved Before It Even Exists</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’s Car Is Beloved Before It Even Exists\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 21:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-09-02/apple-car-is-beloved-before-tim-cook-has-one-to-sell?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If semiconductor shortages, recession risks and the once-a-century shift in propulsion weren’t enough to keep auto executives up at night, here’s one more sleep disruptor: Consumers are keen to buy an...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-09-02/apple-car-is-beloved-before-tim-cook-has-one-to-sell?srnd=premium\">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://www.bloomberg.com/news/articles/2022-09-02/apple-car-is-beloved-before-tim-cook-has-one-to-sell?srnd=premium","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196099643","content_text":"If semiconductor shortages, recession risks and the once-a-century shift in propulsion weren’t enough to keep auto executives up at night, here’s one more sleep disruptor: Consumers are keen to buy an Apple car before one even exists.Strategic Vision just released the results of an annual study that this year reached 200,000 new-vehicle owners. For the first time, the consulting firm included Apple among the more than 45 brands it surveyed consumers about. The findings: 26% said they would “definitely consider” buying a set of wheels from the iPhone maker, behind only Toyota and Honda. And 24% ticked the top box (“I love it”) when asked their impression of the quality of the brand, beating all others by a wide margin.If They Build It, Car Buyers Will ComeApple ranks highly in new-vehicle consideration surveyThat’s serious brand power and suggests there would be significant appetite for autos alongside all those phones, computers, watches and television boxes.Whether Tim Cook will actually green-light a product for all these prospective buyers is still unclear. “We’ll see what Apple does,” the chief executive officer told the New York Times last year. “We investigate so many things internally. Many of them never see the light of day.”Bloomberg’s Mark Gurman has reported Apple is shooting for a fully autonomous electric car and aims to have one ready around 2025. Many companies working on self-driving technology have been unable to deploy robotaxis on the timelines they targeted, and only a handful are offering ride services in select cities. The National Highway Traffic Safety Administration keeps having to remind Americans that no vehicle available for purchase today is capable of driving itself (hear that, Tesla owners?)Autonomous or not, an Apple car could be a formidable force, especially given the amount of tech consumers want in their new vehicles and the challenges incumbents have had meeting those expectations (see Bloomberg’s feature story yesterday on Volkswagen’s software woes.) Cook employs legions of coders capable of developing the brains a modern electric vehicle needs to manage battery power and navigate traffic. The company also owns all sorts of content that could be piped into dashboard screens, assuming passengers will be able to safely avert their eyes from the road.For the time being, at least, Apple lacks an industrial partner. But one of the companies it knows best — iPhone assembler Foxconn — recently acquired a former General Motors assembly plant in Ohio from struggling startup Lordstown Motors. That factory is big enough to easily make 400,000 vehicles a year.While there are already plans to make Endurance pickups for Lordstown and an EV called the Pear for Fisker, both those companies are unproven startups. There may be plenty of space for Apple in that factory’s future.Strategic Vision’s study indicates automakers already having issues responding to the competitive threat posed by Tesla could be in for another menace. But Elon Musk also ought to take notice: More than 50% of Tesla owners said they’d definitely consider a future Apple vehicle. “Everyone should be prepared,” Strategic Vision President Alexander Edwards says.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9995110365,"gmtCreate":1661426813359,"gmtModify":1676536516307,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Liked","listText":"Liked","text":"Liked","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9995110365","repostId":"2262934407","repostType":4,"repost":{"id":"2262934407","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1661426297,"share":"https://www.laohu8.com/m/news/2262934407?lang=&edition=full","pubTime":"2022-08-25 19:18","market":"us","language":"en","title":"Singapore's Grab Reports 79% Rise in Quarterly Revenue on Surge in Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2262934407","media":"Reuters","summary":"Aug 25 (Reuters) - Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue for","content":"<html><head></head><body><p>Aug 25 (Reuters) - Singapore&#39;s Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it was &#34;laser-focused&#34; on profitability as demand for rideshare across Southeast Asia peaks.</p><p>U.S.-listed shares of Grab, which went public last year after a $40 billion merger with a blank-check firm, surged about 5% in premarket trading.</p><p>&#34;We are laser-focused on accelerating our path to profitability,&#34; said Chief Executive Officer Anthony Tan.</p><p>&#34;We will get there by doubling down on product innovation that increases user engagement and reduces our cost-to-serve and focusing on growing high quality transactions on our platform.&#34;</p><p>The company plans to cut back on incentives and promotions to lure drivers and users, while exiting unprofitable businesses and slowing hiring to save costs.</p><p>However, a strong dollar and a slowdown in Grab&#39;s delivery business as consumers return to dining outdoors could hurt gross merchandise volume (GMV), a measure of transaction volume, which is expected to slow in the second half even as core profit is expected to improve amid cost cuts.</p><p>The company, which operates in 480 cities in eight countries in Southeast Asia, forecast revenue between $1.25 billion to $1.3 billion for the year, compared with its prior range of $1.2 billion and $1.3 billion.</p><p>For the second quarter, revenue surged 79% to $321 million.</p><p>Revenue at the Rideshare business rose 40% while that of Deliveries tripled.</p><p>Loss for the period narrowed to $572 million, from $801 million a year earlier.</p><p>In the United States, both Uber and Lyft have benefited from a surge in demand as worries of supply eased with more drivers signing up to make additional income to combat the high cost of living.</p><p>Grab shares gained 5% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/775a6352d4f54c95ec9e87638c5e65ec\" tg-width=\"839\" tg-height=\"621\" 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>Singapore's Grab Reports 79% Rise in Quarterly Revenue on Surge in Demand</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\">\nSingapore's Grab Reports 79% Rise in Quarterly Revenue on Surge in Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-25 19:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 25 (Reuters) - Singapore&#39;s Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it was &#34;laser-focused&#34; on profitability as demand for rideshare across Southeast Asia peaks.</p><p>U.S.-listed shares of Grab, which went public last year after a $40 billion merger with a blank-check firm, surged about 5% in premarket trading.</p><p>&#34;We are laser-focused on accelerating our path to profitability,&#34; said Chief Executive Officer Anthony Tan.</p><p>&#34;We will get there by doubling down on product innovation that increases user engagement and reduces our cost-to-serve and focusing on growing high quality transactions on our platform.&#34;</p><p>The company plans to cut back on incentives and promotions to lure drivers and users, while exiting unprofitable businesses and slowing hiring to save costs.</p><p>However, a strong dollar and a slowdown in Grab&#39;s delivery business as consumers return to dining outdoors could hurt gross merchandise volume (GMV), a measure of transaction volume, which is expected to slow in the second half even as core profit is expected to improve amid cost cuts.</p><p>The company, which operates in 480 cities in eight countries in Southeast Asia, forecast revenue between $1.25 billion to $1.3 billion for the year, compared with its prior range of $1.2 billion and $1.3 billion.</p><p>For the second quarter, revenue surged 79% to $321 million.</p><p>Revenue at the Rideshare business rose 40% while that of Deliveries tripled.</p><p>Loss for the period narrowed to $572 million, from $801 million a year earlier.</p><p>In the United States, both Uber and Lyft have benefited from a surge in demand as worries of supply eased with more drivers signing up to make additional income to combat the high cost of living.</p><p>Grab shares gained 5% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/775a6352d4f54c95ec9e87638c5e65ec\" tg-width=\"839\" tg-height=\"621\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2262934407","content_text":"Aug 25 (Reuters) - Singapore's Grab Holdings Ltd on Thursday lifted the lower end of its revenue forecast for the year and said it was \"laser-focused\" on profitability as demand for rideshare across Southeast Asia peaks.U.S.-listed shares of Grab, which went public last year after a $40 billion merger with a blank-check firm, surged about 5% in premarket trading.\"We are laser-focused on accelerating our path to profitability,\" said Chief Executive Officer Anthony Tan.\"We will get there by doubling down on product innovation that increases user engagement and reduces our cost-to-serve and focusing on growing high quality transactions on our platform.\"The company plans to cut back on incentives and promotions to lure drivers and users, while exiting unprofitable businesses and slowing hiring to save costs.However, a strong dollar and a slowdown in Grab's delivery business as consumers return to dining outdoors could hurt gross merchandise volume (GMV), a measure of transaction volume, which is expected to slow in the second half even as core profit is expected to improve amid cost cuts.The company, which operates in 480 cities in eight countries in Southeast Asia, forecast revenue between $1.25 billion to $1.3 billion for the year, compared with its prior range of $1.2 billion and $1.3 billion.For the second quarter, revenue surged 79% to $321 million.Revenue at the Rideshare business rose 40% while that of Deliveries tripled.Loss for the period narrowed to $572 million, from $801 million a year earlier.In the United States, both Uber and Lyft have benefited from a surge in demand as worries of supply eased with more drivers signing up to make additional income to combat the high cost of living.Grab shares gained 5% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":15,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920918938,"gmtCreate":1670417269225,"gmtModify":1676538363459,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9920918938","repostId":"1127887520","repostType":2,"repost":{"id":"1127887520","pubTimestamp":1670414493,"share":"https://www.laohu8.com/m/news/1127887520?lang=&edition=full","pubTime":"2022-12-07 20:01","market":"us","language":"en","title":"Could Coinbase be the Next FTX?","url":"https://stock-news.laohu8.com/highlight/detail?id=1127887520","media":"TipRanks","summary":"Story HighlightsFollowing the FTX fiasco, investors have grown nervous regarding Coinbase’s prospect","content":"<div>\n<p>Story HighlightsFollowing the FTX fiasco, investors have grown nervous regarding Coinbase’s prospects. While the company’s practices paint a much more responsible picture, the stock’s investment case ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/could-coinbase-nasdaqcoin-be-the-next-ftx\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Could Coinbase be the Next FTX?</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\">\nCould Coinbase be the Next FTX?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-07 20:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/could-coinbase-nasdaqcoin-be-the-next-ftx><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsFollowing the FTX fiasco, investors have grown nervous regarding Coinbase’s prospects. While the company’s practices paint a much more responsible picture, the stock’s investment case ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/could-coinbase-nasdaqcoin-be-the-next-ftx\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.tipranks.com/news/article/could-coinbase-nasdaqcoin-be-the-next-ftx","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127887520","content_text":"Story HighlightsFollowing the FTX fiasco, investors have grown nervous regarding Coinbase’s prospects. While the company’s practices paint a much more responsible picture, the stock’s investment case remains utterly speculative.Following thescandal and bankruptcysurrounding the Bahamas-based cryptocurrency exchange FTX, the whole crypto economy has once again found itself under increased scrutiny. Can crypto holders trust centralized exchanges? If not, is the decentralized model better if there are no regulators and safety valves to protect them? You can easily see why faith in cryptos gaining increased adoption is going down the drain. From “What’s going to be Bitcoin’s (BTC-USD) price next year?” the conversation has shifted to “Which is the next crypto exchange about to crumble?” However, in my view, Coinbase (NASDAQ: COIN) is not the next FTX, and I’ll explain why in this article.Still, considering that Coinbase is now the second-largest crypto exchange by average liquidity and the largest publicly-traded company in the space, investors have been pondering whether abandoning ship sooner than later may be a wise choice to make today.Further, management’s lack of attention to shareholder value creation, as proven by the absurd stock-based compensation levels, should keep frustrating the markets. Also, the company’s future prospects are as speculative as they can get. Accordingly, I am neutral on the stock.Why Coinbase is Not the Next FTXAs soon as crypto holders found out that they couldn’t withdraw their funds from FTX, users and investors of all crypto exchanges grew instantly uneasy. What if this occurs in other exchanges, including Coinbase? Well, despite the several dangers tied to the crypto universe, it appears that Coinbase has taken a significantly more disciplined approach when it comes to handling its users’ funds, driven by high transparency.What’s the Risk of a “Bank Run?”To start with, in theory, there can’t be a bank run at Coinbase because, based on its publicly filed, audited financial statements, the exchange holds customer assets at a 1:1 ratio. All its institutional lending activities are at the customer’s discretion and backed by collateral. Thus, the company supports that it has no gating (the practice of temporarily blocking withdrawals) for client loan recalls or withdrawals.Are There Any Other Liquidity Problems?Coinbase is very, very liquid. Again, both investors and users here benefit from the fact that the company’s financials are publicly available and heavily audited. The company primarily holds its assets in USD, and it ended Q3 with $5.6 billion in total available USD resources. Of these, $5 billion were actual cash and cash equivalents.Additionally, being a publicly-traded company, the company can always access new funds through the issuance of additional shares. If something were to go wrong and Coinbase needed extra funds, they could always tap into the capital markets with ease. Would issuing shares for cash destroy shareholder value, especially if it were to be followed by a “bad” event that had already sent the stock lower? Absolutely. Nevertheless, knowing that the company remains truly liquid and has access to further liquidity makes it very trustworthy among its users relative to its private industry peers.Finally, by utilizing a dedicated risk team, the company has an excellent track record of operating excellence so far. Specifically, the company has never recorded losses from its financing book, has no exposure to client or counterparty insolvencies (excluding $15 million worth of deposits on FTX to enable business operations and client trades, which is pocket money), and has no record of gating for client loan recalls or withdrawals.High Speculation and Stock-Based Compensation Killing the StockOkay, so Coinbase definitely looks solid compliance and liquidity-wise, but is the stock worth buying? What about its future prospects? Well, here’s the thing: nobody knows. Coinbase’s future financials are subject to the wild fluctuations of crypto assets, as well as the engagement of its users with these fluctuating assets. How much money Coinbase will make next year is more speculative than what Bitcoin’s price will be in the future, and the range here is anything from $0 to Cathie Wood’s $1 million by 2030 target. It’s this underlying speculation in all this that is threatening the stock and resulting in such negative hedge fund/investor sentiment.Also, if there is another factor threatening the stock, that is Coinbase’s stock-based compensation, which is utterly ridiculous. SBC has amounted to $1.4 billion over the past four quarters. Meanwhile, EBITDA over the past four quarters amounts to $100 million. Do you see the problem here? Let’s take last year, for instance, which was a wildly-profitable period for Coinbase, including the company recording $4.53 billion in EBITDA amid record crypto prices and interest in crypto.Even then, SBC was still close to 1/4 of EBITDA, which is just ludicrous. The company is diluting shareholders way faster than it can create value for them, especially during such a downbeat period in the crypto space.Is COIN Stock a Buy, According to Analysts?Turning to Wall Street, Coinbase has a Moderate Buy consensus rating based on nine Buys, seven Holds, and three Sells assigned in the past three months. At $74.59, the average Coinbase stock forecast implies 75.9% upside potential.The TakeawayCoinbase features several qualities that lower its chances of becoming the next FTX. Nevertheless, this has nothing to do with how well the company actually performs financially moving forward, especially during such a highly-distrustful crypto environment. In the meantime, stock-based compensation is rapidly diluting shareholders while uncertainty in the crypto space is growing. Thus, be wary before allocating capital to COIN stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983377814,"gmtCreate":1666166838038,"gmtModify":1676537716986,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9983377814","repostId":"1128783080","repostType":2,"repost":{"id":"1128783080","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":1666166497,"share":"https://www.laohu8.com/m/news/1128783080?lang=&edition=full","pubTime":"2022-10-19 16:01","market":"us","language":"en","title":"Netflix Shares Surged 13.58% in Premarket Trading as Paid Net Additions Top Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1128783080","media":"Tiger Newspress","summary":"Netflix shares surged 13.58% in premarket trading as paid net additions top estimates.Netflix report","content":"<html><head></head><body><p>Netflix shares surged 13.58% in premarket trading as paid net additions top estimates.</p><p><img src=\"https://static.tigerbbs.com/bf8958b981ea52f072a2fa8a317d801b\" tg-width=\"823\" tg-height=\"817\" width=\"100%\" height=\"auto\"/>Netflix reported Q3 EPS of $3.10, $0.92 better than the analyst estimate of $2.18. Revenue for the quarter came in at $7.93 billion versus the consensus estimate of $7.85 billion. </p><p>The company reported global streaming paid net additions of 2.4 million, versus an expected 1 million. </p><p>Netflix sees Q4 2022 EPS of $0.36, versus the consensus of $1.12. Netflix sees Q4 2022 revenue of $7.776 billion, versus the consensus of $7.97 billion. </p><p>The company sees 4.5 million global streaming paid net additions in the quarter.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Netflix Shares Surged 13.58% in Premarket Trading as Paid Net Additions Top Estimates</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix Shares Surged 13.58% in Premarket Trading as Paid Net Additions Top Estimates\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\">2022-10-19 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Netflix shares surged 13.58% in premarket trading as paid net additions top estimates.</p><p><img src=\"https://static.tigerbbs.com/bf8958b981ea52f072a2fa8a317d801b\" tg-width=\"823\" tg-height=\"817\" width=\"100%\" height=\"auto\"/>Netflix reported Q3 EPS of $3.10, $0.92 better than the analyst estimate of $2.18. Revenue for the quarter came in at $7.93 billion versus the consensus estimate of $7.85 billion. </p><p>The company reported global streaming paid net additions of 2.4 million, versus an expected 1 million. </p><p>Netflix sees Q4 2022 EPS of $0.36, versus the consensus of $1.12. Netflix sees Q4 2022 revenue of $7.776 billion, versus the consensus of $7.97 billion. </p><p>The company sees 4.5 million global streaming paid net additions in the quarter.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128783080","content_text":"Netflix shares surged 13.58% in premarket trading as paid net additions top estimates.Netflix reported Q3 EPS of $3.10, $0.92 better than the analyst estimate of $2.18. Revenue for the quarter came in at $7.93 billion versus the consensus estimate of $7.85 billion. The company reported global streaming paid net additions of 2.4 million, versus an expected 1 million. Netflix sees Q4 2022 EPS of $0.36, versus the consensus of $1.12. Netflix sees Q4 2022 revenue of $7.776 billion, versus the consensus of $7.97 billion. The company sees 4.5 million global streaming paid net additions in the quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931983051,"gmtCreate":1662382542373,"gmtModify":1676537049060,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Liked!","listText":"Liked!","text":"Liked!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931983051","repostId":"1113096740","repostType":4,"repost":{"id":"1113096740","pubTimestamp":1662381788,"share":"https://www.laohu8.com/m/news/1113096740?lang=&edition=full","pubTime":"2022-09-05 20:43","market":"us","language":"en","title":"Survey Finds Apple Car Captures Significant Mindshare Even Before Launch: Should Automakers Fear?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113096740","media":"Benzinga","summary":"ZINGER KEY POINTSApple has long been rumored to be working on a self-driving car.Analysts are unanim","content":"<html><head></head><body><p><b>ZINGER KEY POINTS</b></p><ul><li>Apple has long been rumored to be working on a self-driving car.</li><li>Analysts are unanimous about Apple disrupting the auto industry when it finally launches an EV.</li></ul><p><b>Apple, Inc.</b> could be a winner with its self-driving car when it finally rolls one out, according to the results of a survey.</p><p>The results were based on Strategic Vision’s survey of 200,000 new vehicle owners on their willingness to consider buying car brands and their views on the quality of these brands. The survey included 45 car brands, with Apple making the cut for the first time.</p><p><b>Apple Car Resonates With Car Owners:</b> About 26% of respondents said they would definitely buy an Apple-branded vehicle in the future. Only <b>Toyota Corporation</b> and <b>Honda Motor Company</b> had better scores than Apple, with the number of respondents saying they would consider these brands at 38% and 32%, respectively.</p><p><b>Ford Motor Company</b> and <b>Tesla, Inc.</b> had scores of 21% and 20%, respectively.</p><p>“What should be concerning to others is that Apple generates a greater amount of Love than any other automotive company, double that of strong brands like Honda, Toyota, and Tesla,” said <b>Alexander Edwards</b>, Strategic Vision’s president.</p><p>The combined score, taking into account the people who expressed a willingness to consider buying and the impression regarding quality, was the highest for Apple.</p><p>What Apple ultimately provides in terms of styling, powertrain, product, and other key features would determine the level of interest among car owners, the firm said.</p><p>“However, their brand awareness and reputation provide a formidable platform that automotive manufacturers should brace themselves for accordingly,” said Edwards.</p><p><b>Apple May Land Moonshot Right In Incumbents&#39; Sales Backyard:</b>If established players don’t prepare for the kind of disruption Apple can bring, they might be left wondering what happened, similar to whenTeslaentered the market, the firm said.</p><p><b>Christopher Chaney</b>, Strategic Vision Senior Vice President, said, &#34;All the current players in the industry mostly hold their own destiny. If they simply stay lulled into spending all their ingenuity chasing electric motors, LED lighting, and flat screens with thousands of apps and every high-tech feature you’ve never dreamed about, Apple may land the moonshot right in their sales backyard.&#34;</p><p>The only sore point for Apple is that it hasn’t yet produced a vehicle, leaving 34% of new vehicle buyers to state that they “don’t know enough about what an Apple product might be like,” the firm added.</p><p>Apple closed Friday&#39;s session down 1.36% at $155.81.</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>Survey Finds Apple Car Captures Significant Mindshare Even Before Launch: Should Automakers Fear?</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\">\nSurvey Finds Apple Car Captures Significant Mindshare Even Before Launch: Should Automakers Fear?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 20:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/22/09/28745016/apple-car-captures-significant-mindshare-even-before-it-launches-survey-should-automakers-fear><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ZINGER KEY POINTSApple has long been rumored to be working on a self-driving car.Analysts are unanimous about Apple disrupting the auto industry when it finally launches an EV.Apple, Inc. could be a ...</p>\n\n<a href=\"https://www.benzinga.com/news/22/09/28745016/apple-car-captures-significant-mindshare-even-before-it-launches-survey-should-automakers-fear\">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://www.benzinga.com/news/22/09/28745016/apple-car-captures-significant-mindshare-even-before-it-launches-survey-should-automakers-fear","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113096740","content_text":"ZINGER KEY POINTSApple has long been rumored to be working on a self-driving car.Analysts are unanimous about Apple disrupting the auto industry when it finally launches an EV.Apple, Inc. could be a winner with its self-driving car when it finally rolls one out, according to the results of a survey.The results were based on Strategic Vision’s survey of 200,000 new vehicle owners on their willingness to consider buying car brands and their views on the quality of these brands. The survey included 45 car brands, with Apple making the cut for the first time.Apple Car Resonates With Car Owners: About 26% of respondents said they would definitely buy an Apple-branded vehicle in the future. Only Toyota Corporation and Honda Motor Company had better scores than Apple, with the number of respondents saying they would consider these brands at 38% and 32%, respectively.Ford Motor Company and Tesla, Inc. had scores of 21% and 20%, respectively.“What should be concerning to others is that Apple generates a greater amount of Love than any other automotive company, double that of strong brands like Honda, Toyota, and Tesla,” said Alexander Edwards, Strategic Vision’s president.The combined score, taking into account the people who expressed a willingness to consider buying and the impression regarding quality, was the highest for Apple.What Apple ultimately provides in terms of styling, powertrain, product, and other key features would determine the level of interest among car owners, the firm said.“However, their brand awareness and reputation provide a formidable platform that automotive manufacturers should brace themselves for accordingly,” said Edwards.Apple May Land Moonshot Right In Incumbents' Sales Backyard:If established players don’t prepare for the kind of disruption Apple can bring, they might be left wondering what happened, similar to whenTeslaentered the market, the firm said.Christopher Chaney, Strategic Vision Senior Vice President, said, \"All the current players in the industry mostly hold their own destiny. If they simply stay lulled into spending all their ingenuity chasing electric motors, LED lighting, and flat screens with thousands of apps and every high-tech feature you’ve never dreamed about, Apple may land the moonshot right in their sales backyard.\"The only sore point for Apple is that it hasn’t yet produced a vehicle, leaving 34% of new vehicle buyers to state that they “don’t know enough about what an Apple product might be like,” the firm added.Apple closed Friday's session down 1.36% at $155.81.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952828433,"gmtCreate":1674625189623,"gmtModify":1676538949606,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9952828433","repostId":"2306411028","repostType":2,"repost":{"id":"2306411028","pubTimestamp":1674623712,"share":"https://www.laohu8.com/m/news/2306411028?lang=&edition=full","pubTime":"2023-01-25 13:15","market":"us","language":"en","title":"Will Coinbase Be a Trillion-Dollar Company by 2040?","url":"https://stock-news.laohu8.com/highlight/detail?id=2306411028","media":"Motley Fool","summary":"The cryptocurrency exchange could be a major multibagger -- or not.","content":"<html><head></head><body><p><b>Coinbase</b>, one of the world&#39;s largest cryptocurrency exchanges, reached a peak valuation of nearly $77 billion on Nov. 9, 2021. But today, it&#39;s only worth about $11 billion. It lost 85% of its value as rising interest rates, regulatory threats, and the failures of several high-profile tokens and exchanges crushed the cryptocurrency market. <b>Bitcoin</b> (BTC) and <b>Ether</b> (ETH), the world&#39;s two largest cryptocurrencies, have both lost nearly 70% of their value after reaching their own all-time highs at roughly the same time as Coinbase&#39;s stock.</p><p>Last June, Coinbase CEO Brian Armstrong bluntly admitted that a new &#34;crypto winter&#34; had started and began to rein in the company&#39;s spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6623bacc8d15a28366f7889e009d10b8\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Image source: Getty Images.</span></p><p>Coinbase ended the third quarter of 2022 with only 8.5 million monthly transacting users (MTUs), down from a peak of 11.2 million in the fourth quarter of 2021. Over that period, the total assets on its platform shrank from $278 billion to $101 billion.</p><p>As a result, revenue fell 52% year over year in the first nine months of 2022, and analysts anticipate a 60% drop to $3.15 billion for the full year. Coinbase expects to post an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of about $500 million for the year, compared to a positive adjusted EBITDA of $4.1 billion in 2021.</p><p>Those dismal numbers drove many investors away from Coinbase, but could it recover and become a trillion-dollar company (increasing its market cap by 90x) by 2040? Let&#39;s review the bull and bear cases.</p><h2>The bull case for the crypto market</h2><p>Cathie Wood&#39;s Ark Invest, which holds Coinbase in several of its growth-oriented exchange-traded funds (ETFs), believes the price of Bitcoin (which trades at around $21,000 now) could reach $1 million by 2030 once some of the smaller tokens are flushed out of the market and more institutional investors accumulate the top cryptocurrency. A loss of faith in fiat currencies amid rampant inflation could accelerate that transition.</p><p>Wood&#39;s forecast is extremely bullish, but other forecasts also call for steep Bitcoin gains within the next two decades. For example, analysts at Telegaon believe Bitcoin&#39;s price could reach nearly $420,000 by 2040. The analytics firm also expects the price of Ether (trading in the neighborhood of $1,550 now) to reach roughly $24,000 by 2040.</p><p>Telegaon&#39;s projections would require a compound annual growth rate (CAGR) of 20% for Bitcoin between 2022 and 2040, while its forecast for Ether&#39;s price would require a CAGR of 18%. If the value of Coinbase kept pace with an 18-year CAGR of 18%, its annual revenue would soar from $3.15 billion in 2022 to approximately $60 billion in 2040.</p><p>If that scenario comes true and, 18 years from now, Coinbase still trades at 4 times sales, it would be worth $240 billion, which would represent a 22-bagger gain. If investors turn more bullish and value the company at 10 times those speculative sales, it could be worth $600 billion -- but it would still fall short of joining the 12-zero club.</p><h2>The bear case for the crypto market</h2><p>Coinbase might flourish again if the crypto market recovers, but it could also go bust if the crypto winter becomes an ice age. Tighter regulations regarding cross-border transfers, new taxes, and environmental restrictions on the energy sources that crypto mining operations can use could all prevent the cryptocurrency market from recovering. Cryptocurrencies could also never become widely accepted or used for mainstream payments if their prices remain volatile and they continue to be used primarily for speculation.</p><p>The bull case for Ether, which is based on the expected wider use of the Ethereum network for the creation of decentralized apps and services, could also collapse if people simply stick with centralized platforms like <b>Apple</b>&#39;s App Store and <b>Alphabet</b>&#39;s Google Play. Ethereum-based creations like non-fungible tokens (NFTs) could also completely or largely disappear.</p><p>That&#39;s why many respected investors, among them <b>Berkshire Hathaway</b>&#39;s Charlie Munger, adamantly believe that Bitcoin and other cryptocurrencies will go to zero. If that happens, Coinbase won&#39;t even make it to 2040 before its liabilities outweigh its assets.</p><h2>Where will Coinbase be in 2040?</h2><p>I expect Bitcoin and Ether to survive the crypto winter even as some of the smaller cryptocurrencies and more troubled exchanges die out. That said, I believe the crypto winter could also drag on for years as economic malaise and higher interest rates cause investors to stay away from the crypto market. Coinbase&#39;s survival will hinge entirely on the length of that downturn, which is impossible to accurately predict.</p><p>If Coinbase survives this brutal winter -- which it&#39;s desperately trying to do by laying off staff and streamlining its operations -- its stock could rise much higher over the next two decades. In a best-case scenario, its stock might deliver a 20- to 40-bagger gain from its current prices -- but still fall short of the 90-bagger gain it would require to hit the $1 trillion mark. In a worst-case scenario, it could go to zero -- which makes it a high-risk, high-reward play on the broader crypto market.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Will Coinbase Be a Trillion-Dollar Company by 2040?</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\">\nWill Coinbase Be a Trillion-Dollar Company by 2040?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-01-25 13:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/01/24/will-coinbase-be-a-trillion-dollar-company-by-2040/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Coinbase, one of the world's largest cryptocurrency exchanges, reached a peak valuation of nearly $77 billion on Nov. 9, 2021. But today, it's only worth about $11 billion. It lost 85% of its value as...</p>\n\n<a href=\"https://www.fool.com/investing/2023/01/24/will-coinbase-be-a-trillion-dollar-company-by-2040/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4535":"淡马锡持仓","BK4551":"寇图资本持仓","COIN":"Coinbase Global, Inc.","BK4539":"次新股","BK4554":"元宇宙及AR概念","BK4112":"金融交易所和数据"},"source_url":"https://www.fool.com/investing/2023/01/24/will-coinbase-be-a-trillion-dollar-company-by-2040/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2306411028","content_text":"Coinbase, one of the world's largest cryptocurrency exchanges, reached a peak valuation of nearly $77 billion on Nov. 9, 2021. But today, it's only worth about $11 billion. It lost 85% of its value as rising interest rates, regulatory threats, and the failures of several high-profile tokens and exchanges crushed the cryptocurrency market. Bitcoin (BTC) and Ether (ETH), the world's two largest cryptocurrencies, have both lost nearly 70% of their value after reaching their own all-time highs at roughly the same time as Coinbase's stock.Last June, Coinbase CEO Brian Armstrong bluntly admitted that a new \"crypto winter\" had started and began to rein in the company's spending.Image source: Getty Images.Coinbase ended the third quarter of 2022 with only 8.5 million monthly transacting users (MTUs), down from a peak of 11.2 million in the fourth quarter of 2021. Over that period, the total assets on its platform shrank from $278 billion to $101 billion.As a result, revenue fell 52% year over year in the first nine months of 2022, and analysts anticipate a 60% drop to $3.15 billion for the full year. Coinbase expects to post an adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) loss of about $500 million for the year, compared to a positive adjusted EBITDA of $4.1 billion in 2021.Those dismal numbers drove many investors away from Coinbase, but could it recover and become a trillion-dollar company (increasing its market cap by 90x) by 2040? Let's review the bull and bear cases.The bull case for the crypto marketCathie Wood's Ark Invest, which holds Coinbase in several of its growth-oriented exchange-traded funds (ETFs), believes the price of Bitcoin (which trades at around $21,000 now) could reach $1 million by 2030 once some of the smaller tokens are flushed out of the market and more institutional investors accumulate the top cryptocurrency. A loss of faith in fiat currencies amid rampant inflation could accelerate that transition.Wood's forecast is extremely bullish, but other forecasts also call for steep Bitcoin gains within the next two decades. For example, analysts at Telegaon believe Bitcoin's price could reach nearly $420,000 by 2040. The analytics firm also expects the price of Ether (trading in the neighborhood of $1,550 now) to reach roughly $24,000 by 2040.Telegaon's projections would require a compound annual growth rate (CAGR) of 20% for Bitcoin between 2022 and 2040, while its forecast for Ether's price would require a CAGR of 18%. If the value of Coinbase kept pace with an 18-year CAGR of 18%, its annual revenue would soar from $3.15 billion in 2022 to approximately $60 billion in 2040.If that scenario comes true and, 18 years from now, Coinbase still trades at 4 times sales, it would be worth $240 billion, which would represent a 22-bagger gain. If investors turn more bullish and value the company at 10 times those speculative sales, it could be worth $600 billion -- but it would still fall short of joining the 12-zero club.The bear case for the crypto marketCoinbase might flourish again if the crypto market recovers, but it could also go bust if the crypto winter becomes an ice age. Tighter regulations regarding cross-border transfers, new taxes, and environmental restrictions on the energy sources that crypto mining operations can use could all prevent the cryptocurrency market from recovering. Cryptocurrencies could also never become widely accepted or used for mainstream payments if their prices remain volatile and they continue to be used primarily for speculation.The bull case for Ether, which is based on the expected wider use of the Ethereum network for the creation of decentralized apps and services, could also collapse if people simply stick with centralized platforms like Apple's App Store and Alphabet's Google Play. Ethereum-based creations like non-fungible tokens (NFTs) could also completely or largely disappear.That's why many respected investors, among them Berkshire Hathaway's Charlie Munger, adamantly believe that Bitcoin and other cryptocurrencies will go to zero. If that happens, Coinbase won't even make it to 2040 before its liabilities outweigh its assets.Where will Coinbase be in 2040?I expect Bitcoin and Ether to survive the crypto winter even as some of the smaller cryptocurrencies and more troubled exchanges die out. That said, I believe the crypto winter could also drag on for years as economic malaise and higher interest rates cause investors to stay away from the crypto market. Coinbase's survival will hinge entirely on the length of that downturn, which is impossible to accurately predict.If Coinbase survives this brutal winter -- which it's desperately trying to do by laying off staff and streamlining its operations -- its stock could rise much higher over the next two decades. In a best-case scenario, its stock might deliver a 20- to 40-bagger gain from its current prices -- but still fall short of the 90-bagger gain it would require to hit the $1 trillion mark. In a worst-case scenario, it could go to zero -- which makes it a high-risk, high-reward play on the broader crypto market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":52,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938379947,"gmtCreate":1662565949589,"gmtModify":1676537089779,"author":{"id":"4114003886815572","authorId":"4114003886815572","name":"SharRonnie","avatar":"https://community-static.tradeup.com/news/8c4beb86a4d0616485b94761a0001193","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938379947","repostId":"1150599799","repostType":4,"repost":{"id":"1150599799","pubTimestamp":1662563145,"share":"https://www.laohu8.com/m/news/1150599799?lang=&edition=full","pubTime":"2022-09-07 23:05","market":"us","language":"en","title":"Apple Cuts Shipment Forecasts for New MacBook Pro up to 30%: Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1150599799","media":"Seeking Alpha","summary":"Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% ","content":"<html><head></head><body><p>Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% before the computer has gone into mass production, a top analyst said on Wednesday.</p><p>TF International Securities analyst Ming-Chi Kuo tweeted that the tech giant cut orders for both the 14-inch and 16-inch versions of the computer, which is expected to be announced later this year. Kuo called the development a &#34;structural risk&#34; to component suppliers.</p><p>&#34;It is infrequent for Apple to cut orders before the peak season/new product mass production, which means that the demand is significantly lower than Apple’s expectations, so MacBook shipments may continue to decline [year-over-year] at least in [first-half of 2023],&#34; Kuo wrote in a blog post.</p><p>Kuo added that the global economic weakness and decline in employees working from home are the &#34;main reasons&#34; for the order cut and the negative effects should last anywhere between six and nine months.</p><p>Apple (AAPL) shares fell less than 0.5% to $153.96 on Wednesday.</p><p>Kuo also pointed out that the new 14-inch and 16-inch MacBook Pros are expected to have new processors, which would be the &#34;main upgrade&#34; from past versions of the computer.</p><p>&#34;The biggest selling point of the MacBook Pro is the Apple processor (adopting high-end ABF substrate) and Mini-LED display, so the significantly lower-than-expected demand for MacBook Pro is a structural risk to the high-end ABF substrate and Mini-LED sectors,&#34; Kuo explained.</p><p>The analyst pointed out that while Apple&#39;s (AAPL) MacBook order cut is smaller than its competitors, it means its high-end products are &#34;not immune&#34; to the economic weakening.</p><p>Cupertino, California-based Apple (AAPL) is set to host a product event today, where it is widely expected to announce new versions of its iPhone, Apple Watch and AirPods.</p><p>On Tuesday, research firm Appsumer reported that Apple (AAPL) has seen a &#34;significant boost&#34;in its advertising business following the release of its App Tracking Transparency initiatives.</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>Apple Cuts Shipment Forecasts for New MacBook Pro up to 30%: Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Cuts Shipment Forecasts for New MacBook Pro up to 30%: Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-07 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3880884-apple-cuts-shipment-forecasts-for-new-macbook-pro-up-to-30-analyst><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% before the computer has gone into mass production, a top analyst said on Wednesday.TF International ...</p>\n\n<a href=\"https://seekingalpha.com/news/3880884-apple-cuts-shipment-forecasts-for-new-macbook-pro-up-to-30-analyst\">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/news/3880884-apple-cuts-shipment-forecasts-for-new-macbook-pro-up-to-30-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150599799","content_text":"Apple (NASDAQ:AAPL) has reportedly cut shipment forecasts for its new MacBook Pro laptops up to 30% before the computer has gone into mass production, a top analyst said on Wednesday.TF International Securities analyst Ming-Chi Kuo tweeted that the tech giant cut orders for both the 14-inch and 16-inch versions of the computer, which is expected to be announced later this year. Kuo called the development a \"structural risk\" to component suppliers.\"It is infrequent for Apple to cut orders before the peak season/new product mass production, which means that the demand is significantly lower than Apple’s expectations, so MacBook shipments may continue to decline [year-over-year] at least in [first-half of 2023],\" Kuo wrote in a blog post.Kuo added that the global economic weakness and decline in employees working from home are the \"main reasons\" for the order cut and the negative effects should last anywhere between six and nine months.Apple (AAPL) shares fell less than 0.5% to $153.96 on Wednesday.Kuo also pointed out that the new 14-inch and 16-inch MacBook Pros are expected to have new processors, which would be the \"main upgrade\" from past versions of the computer.\"The biggest selling point of the MacBook Pro is the Apple processor (adopting high-end ABF substrate) and Mini-LED display, so the significantly lower-than-expected demand for MacBook Pro is a structural risk to the high-end ABF substrate and Mini-LED sectors,\" Kuo explained.The analyst pointed out that while Apple's (AAPL) MacBook order cut is smaller than its competitors, it means its high-end products are \"not immune\" to the economic weakening.Cupertino, California-based Apple (AAPL) is set to host a product event today, where it is widely expected to announce new versions of its iPhone, Apple Watch and AirPods.On Tuesday, research firm Appsumer reported that Apple (AAPL) has seen a \"significant boost\"in its advertising business following the release of its App Tracking Transparency initiatives.","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}