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01-28

$VICON HOLDINGS(03878)$ stock showing some sign of possible up swing. That is the latest about this company this time? Anyone care to share/comments

2023-11-29

I'm confident there would be another "Munger" somewhere out there. Meantime, thanks Charlie for all your down to earth advice and one liner answer - Rest in Peace, sir.

After Munger's Death, Berkshire Succession Comes into Focus

2023-05-01

BRK is still a stock to have, to keep, to invest for the long term.

Buy Berkshire Stock Ahead of Its Annual Meeting. Buffett Still Has What It Takes

2023-04-24

This may spell the end of 'Elon bull' and down hill for Tesla stock. Be Watching from the side line with a smile.

Sorry, the original content has been removed

2023-04-15

Elon again !! ... messing things up for his own personal gain .. I think

Elon Musk to Start AI Rival in Challenge to OpenAI

2023-04-14

As always Apple is setting a trend. A good move that will score big for the company

Why Apple Stock Popped over 3% on Thursday

2023-02-15

Still lots lots of up side for long term value investor.

Buffett-Backed Nubank's Quarterly Profit Surges Amid Robust Customer Demand

2023-01-28

$Nu Holdings Ltd.(NU)$ a value growth stock, time to buy in if you're looking for good bargain.

2022-12-05

BHP has got more up side

Why Has the BHP Share Price Bolted Out the Gates on Monday?

2022-11-20

I would agree and let time be the judge.

Will TSMC Stock Be a Trillion-Dollar Stock By 2032?

2022-11-02

75 bps this time round

2022-09-12

Maybe worth grabbing some IPO share

Volkswagen Plans IPO for Porsche Brand. Investors Can Get in Now. -- Barrons.com

2022-09-02

$Netlinkz(NET.AU)$is it a good time to buy in?

2022-09-02

BHP is a long term play. [LOL]

Why Is the BHP Share Price Tumbling Again on Friday?

2022-08-03

Good on you

@jgaldon:$WOODSIDE ENERGY GROUP LTD(WDS.AU)$These free BHP shares are the best for the mind...up or down...it's always 0% and green.One day, if the Gods allow, will sell all initial investments...and keep just the profit running. Same idea as this Woodsie, stress free.Cheers!

2022-07-24

AMZN is a good long term BUY. Don't let anyone tell you otherwise.

Amazon Is Ready To Rise Again

2022-06-20

AMZN is both an e-commerce growth engine and one of the leading cloud networking solutions provider. - AWS. You are buying a future here.

Sorry, the original content has been removed

Go to Tiger App to see more news

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That is the latest about this company this time? Anyone care to share/comments","listText":"<a href=\"https://ttm.financial/S/03878\">$VICON HOLDINGS(03878)$ </a> stock showing some sign of&nbsp; possible up&nbsp;swing. That is the latest about this company this time? Anyone care to share/comments","text":"$VICON HOLDINGS(03878)$ stock showing some sign of possible up swing. That is the latest about this company this time? Anyone care to share/comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/267844413861960","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246692671225904,"gmtCreate":1701249183302,"gmtModify":1701249188255,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"I'm confident&nbsp;there would be another \"Munger\" somewhere out there.&nbsp; Meantime, thanks&nbsp; Charlie for all your down to earth advice and one liner answer&nbsp;- Rest&nbsp;in Peace, sir.","listText":"I'm confident&nbsp;there would be another \"Munger\" somewhere out there.&nbsp; Meantime, thanks&nbsp; Charlie for all your down to earth advice and one liner answer&nbsp;- Rest&nbsp;in Peace, sir.","text":"I'm confident there would be another \"Munger\" somewhere out there. Meantime, thanks Charlie for all your down to earth advice and one liner answer - Rest in Peace, sir.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246692671225904","repostId":"2387610666","repostType":2,"repost":{"id":"2387610666","kind":"highlight","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":1701244800,"share":"https://ttm.financial/m/news/2387610666?lang=&edition=fundamental","pubTime":"2023-11-29 16:00","market":"us","language":"en","title":"After Munger's Death, Berkshire Succession Comes into Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2387610666","media":"Reuters","summary":"By Jonathan Stempel      Nov 29 (Reuters) - The death of Berkshire Hathaway's  Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining ","content":"<html><head></head><body><p>Nov 29 (Reuters) - The death of Berkshire Hathaway&#39;s Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate&#39;s lone investing legend and shining the spotlight on managers who have largely operated in their shadow.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate&#39;s chairman and vice chairman.</p><p>Munger&#39;s death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett&#39;s top advisers and sounding boards.</p><p>They became vice chairmen in 2018, started taking a more prominent public role only at the most recent of Berkshire&#39;s annual meetings, and will have bigger boots to fill than at almost any other company.</p><p>Managers have said Abel fully embraces Berkshire&#39;s culture, which includes an extreme decentralization that gives business units broad autonomy.</p><p>That means big units such as the BNSF railroad and Geico car insurer, each with tens of thousands of employees, and small units such as Borsheims jewelry, with about 142 employees, can run without interference from Berkshire headquarters, which employs only about 26 people.</p><p>But Abel and Jain have different styles from Buffett and Munger.</p><p>At the 2021 annual meeting, Jain was asked how he and Abel interact with each other.</p><p>&#34;There is no question that the relationship Warren has with Charlie is unique and it&#39;s not going to be duplicated,&#34; Jain said. &#34;We don&#39;t interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective businesses.&#34;</p><p>Abel said he and Jain regularly consulted with <a href=\"https://laohu8.com/S/AONE.U\">one</a> another, and in particular when something unusual was happening at one of Berkshire&#39;s businesses.</p><p>Investors say they have faith.</p><p>&#34;I can’t imagine investors haven&#39;t thought about what happens when Buffett is gone as well,&#34; said Bill Stone, chief investment officer at Glenview Trust. &#34;You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company.&#34;</p><p>Berkshire did not immediately respond to a request for comment outside business hours.</p><h2 id=\"id_3329674046\">CEO-DESIGNATE</h2><p>Berkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company he has run since 1965 would be prepared for his departure.</p><p>Munger inadvertently signaled during Berkshire&#39;s 2021 annual meeting that Abel, a 61-year-old Edmonton, Alberta, native who spent a quarter century at what is now Berkshire Hathaway Energy, was the CEO designate.</p><p>Jain, 72, would retain oversight of insurance operations.</p><p>Buffett has praised both executives, calling Abel &#34;a first-class human being&#34; in a 2013 video message and referring to Jain as a &#34;superstar.&#34;</p><p>A lifelong hockey fan, Abel graduated in 1984 from the University of Alberta, worked at PricewaterhouseCoopers and energy firm CalEnergy and joined the company, then known as MidAmerican Energy, in 1992, which Berkshire took over in 2000.</p><p>Abel became MidAmerican&#39;s chief in 2008 and benefited from its ability, unusual in the utility industry, to retain earnings rather than pay dividends. That freed him to make acquisitions, and expand into renewable energy.</p><p>Investors will have to wait until Abel takes over to see his willingness to shed businesses that are underperforming or have mediocre outlooks - his predecessors liked to buy and hold businesses forever - or whether Berkshire might pay its first dividend since 1967.</p><p>Jain, who was born in the Indian state of Odisha, has specialized in pricing for risk, especially large risks such as natural catastrophes. He joined Berkshire in 1986.</p><p>Besides the two top executives, Berkshire&#39;s plan also calls for Buffett&#39;s eldest son Howard Buffett to become non-executive chairman, charged mainly with preserving Berkshire&#39;s culture.</p><p>Todd Combs and Ted Weschler, who help Buffett run Berkshire&#39;s $300 billion-plus common stock portfolio - about half of which is in one stock, Apple - appear in line to take over all of it.</p><p>&#34;Berkshire has talented people there that will help with the stock picking,&#34; said Bill Smead, chief investment officer at Smead Capital Management in Phoenix. &#34;But it will never be the same.&#34;</p><h2 id=\"id_2595446648\">LOSS OF LEGACY</h2><p>For shareholders, a signature in Berkshire&#39;s universe is its annual meeting, a pilgrimage known as &#34;Woodstock for Capitalists,&#34; where Buffett and Munger would answer more than five hours of shareholder questions.</p><p>It is a weekend of shopping, investor conferences and events that draws tens of thousands of people to Omaha in early May, even though fans can watch it streamed on their home computers or smartphones.</p><p>Many shareholders, especially local, have said they will continue going, but others have been less sure.</p><p>&#34;What really glued us to these men was their advice on living a full life by instructing people how to think clearly, to be honest with oneself, to learn from mistakes and to avoid calamities,&#34; said Whitney Tilson, an investor who previously ran T2 Partners and Kase Capital and has attended many meetings.</p><p>In May 2020, at the height of the pandemic, Buffett held the meeting virtually from Omaha. Munger didn&#39;t attend.</p><p>&#34;It particularly doesn&#39;t feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here,&#34; Buffett said. &#34;I think most of the people who come to our meeting really come to listen to Charlie.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Munger's Death, Berkshire Succession Comes into Focus</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\">\nAfter Munger's Death, Berkshire Succession Comes into Focus\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\">2023-11-29 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 29 (Reuters) - The death of Berkshire Hathaway&#39;s Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate&#39;s lone investing legend and shining the spotlight on managers who have largely operated in their shadow.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate&#39;s chairman and vice chairman.</p><p>Munger&#39;s death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett&#39;s top advisers and sounding boards.</p><p>They became vice chairmen in 2018, started taking a more prominent public role only at the most recent of Berkshire&#39;s annual meetings, and will have bigger boots to fill than at almost any other company.</p><p>Managers have said Abel fully embraces Berkshire&#39;s culture, which includes an extreme decentralization that gives business units broad autonomy.</p><p>That means big units such as the BNSF railroad and Geico car insurer, each with tens of thousands of employees, and small units such as Borsheims jewelry, with about 142 employees, can run without interference from Berkshire headquarters, which employs only about 26 people.</p><p>But Abel and Jain have different styles from Buffett and Munger.</p><p>At the 2021 annual meeting, Jain was asked how he and Abel interact with each other.</p><p>&#34;There is no question that the relationship Warren has with Charlie is unique and it&#39;s not going to be duplicated,&#34; Jain said. &#34;We don&#39;t interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective businesses.&#34;</p><p>Abel said he and Jain regularly consulted with <a href=\"https://laohu8.com/S/AONE.U\">one</a> another, and in particular when something unusual was happening at one of Berkshire&#39;s businesses.</p><p>Investors say they have faith.</p><p>&#34;I can’t imagine investors haven&#39;t thought about what happens when Buffett is gone as well,&#34; said Bill Stone, chief investment officer at Glenview Trust. &#34;You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company.&#34;</p><p>Berkshire did not immediately respond to a request for comment outside business hours.</p><h2 id=\"id_3329674046\">CEO-DESIGNATE</h2><p>Berkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company he has run since 1965 would be prepared for his departure.</p><p>Munger inadvertently signaled during Berkshire&#39;s 2021 annual meeting that Abel, a 61-year-old Edmonton, Alberta, native who spent a quarter century at what is now Berkshire Hathaway Energy, was the CEO designate.</p><p>Jain, 72, would retain oversight of insurance operations.</p><p>Buffett has praised both executives, calling Abel &#34;a first-class human being&#34; in a 2013 video message and referring to Jain as a &#34;superstar.&#34;</p><p>A lifelong hockey fan, Abel graduated in 1984 from the University of Alberta, worked at PricewaterhouseCoopers and energy firm CalEnergy and joined the company, then known as MidAmerican Energy, in 1992, which Berkshire took over in 2000.</p><p>Abel became MidAmerican&#39;s chief in 2008 and benefited from its ability, unusual in the utility industry, to retain earnings rather than pay dividends. That freed him to make acquisitions, and expand into renewable energy.</p><p>Investors will have to wait until Abel takes over to see his willingness to shed businesses that are underperforming or have mediocre outlooks - his predecessors liked to buy and hold businesses forever - or whether Berkshire might pay its first dividend since 1967.</p><p>Jain, who was born in the Indian state of Odisha, has specialized in pricing for risk, especially large risks such as natural catastrophes. He joined Berkshire in 1986.</p><p>Besides the two top executives, Berkshire&#39;s plan also calls for Buffett&#39;s eldest son Howard Buffett to become non-executive chairman, charged mainly with preserving Berkshire&#39;s culture.</p><p>Todd Combs and Ted Weschler, who help Buffett run Berkshire&#39;s $300 billion-plus common stock portfolio - about half of which is in one stock, Apple - appear in line to take over all of it.</p><p>&#34;Berkshire has talented people there that will help with the stock picking,&#34; said Bill Smead, chief investment officer at Smead Capital Management in Phoenix. &#34;But it will never be the same.&#34;</p><h2 id=\"id_2595446648\">LOSS OF LEGACY</h2><p>For shareholders, a signature in Berkshire&#39;s universe is its annual meeting, a pilgrimage known as &#34;Woodstock for Capitalists,&#34; where Buffett and Munger would answer more than five hours of shareholder questions.</p><p>It is a weekend of shopping, investor conferences and events that draws tens of thousands of people to Omaha in early May, even though fans can watch it streamed on their home computers or smartphones.</p><p>Many shareholders, especially local, have said they will continue going, but others have been less sure.</p><p>&#34;What really glued us to these men was their advice on living a full life by instructing people how to think clearly, to be honest with oneself, to learn from mistakes and to avoid calamities,&#34; said Whitney Tilson, an investor who previously ran T2 Partners and Kase Capital and has attended many meetings.</p><p>In May 2020, at the height of the pandemic, Buffett held the meeting virtually from Omaha. Munger didn&#39;t attend.</p><p>&#34;It particularly doesn&#39;t feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here,&#34; Buffett said. &#34;I think most of the people who come to our meeting really come to listen to Charlie.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4170":"电脑硬件、储存设备及电脑周边","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","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","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4554":"元宇宙及AR概念","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","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","BK4553":"喜马拉雅资本持仓","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BRK.A":"伯克希尔","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4534":"瑞士信贷持仓","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BRK.B":"伯克希尔B","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","AAPL":"苹果","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4527":"明星科技股","BK4501":"段永平概念","BK4588":"碎股","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4574":"无人驾驶","BK4573":"虚拟现实","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4505":"高瓴资本持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4581":"高盛持仓","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2387610666","content_text":"Nov 29 (Reuters) - The death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining the spotlight on managers who have largely operated in their shadow.Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate's chairman and vice chairman.Munger's death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett's top advisers and sounding boards.They became vice chairmen in 2018, started taking a more prominent public role only at the most recent of Berkshire's annual meetings, and will have bigger boots to fill than at almost any other company.Managers have said Abel fully embraces Berkshire's culture, which includes an extreme decentralization that gives business units broad autonomy.That means big units such as the BNSF railroad and Geico car insurer, each with tens of thousands of employees, and small units such as Borsheims jewelry, with about 142 employees, can run without interference from Berkshire headquarters, which employs only about 26 people.But Abel and Jain have different styles from Buffett and Munger.At the 2021 annual meeting, Jain was asked how he and Abel interact with each other.\"There is no question that the relationship Warren has with Charlie is unique and it's not going to be duplicated,\" Jain said. \"We don't interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective businesses.\"Abel said he and Jain regularly consulted with one another, and in particular when something unusual was happening at one of Berkshire's businesses.Investors say they have faith.\"I can’t imagine investors haven't thought about what happens when Buffett is gone as well,\" said Bill Stone, chief investment officer at Glenview Trust. \"You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company.\"Berkshire did not immediately respond to a request for comment outside business hours.CEO-DESIGNATEBerkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company he has run since 1965 would be prepared for his departure.Munger inadvertently signaled during Berkshire's 2021 annual meeting that Abel, a 61-year-old Edmonton, Alberta, native who spent a quarter century at what is now Berkshire Hathaway Energy, was the CEO designate.Jain, 72, would retain oversight of insurance operations.Buffett has praised both executives, calling Abel \"a first-class human being\" in a 2013 video message and referring to Jain as a \"superstar.\"A lifelong hockey fan, Abel graduated in 1984 from the University of Alberta, worked at PricewaterhouseCoopers and energy firm CalEnergy and joined the company, then known as MidAmerican Energy, in 1992, which Berkshire took over in 2000.Abel became MidAmerican's chief in 2008 and benefited from its ability, unusual in the utility industry, to retain earnings rather than pay dividends. That freed him to make acquisitions, and expand into renewable energy.Investors will have to wait until Abel takes over to see his willingness to shed businesses that are underperforming or have mediocre outlooks - his predecessors liked to buy and hold businesses forever - or whether Berkshire might pay its first dividend since 1967.Jain, who was born in the Indian state of Odisha, has specialized in pricing for risk, especially large risks such as natural catastrophes. He joined Berkshire in 1986.Besides the two top executives, Berkshire's plan also calls for Buffett's eldest son Howard Buffett to become non-executive chairman, charged mainly with preserving Berkshire's culture.Todd Combs and Ted Weschler, who help Buffett run Berkshire's $300 billion-plus common stock portfolio - about half of which is in one stock, Apple - appear in line to take over all of it.\"Berkshire has talented people there that will help with the stock picking,\" said Bill Smead, chief investment officer at Smead Capital Management in Phoenix. \"But it will never be the same.\"LOSS OF LEGACYFor shareholders, a signature in Berkshire's universe is its annual meeting, a pilgrimage known as \"Woodstock for Capitalists,\" where Buffett and Munger would answer more than five hours of shareholder questions.It is a weekend of shopping, investor conferences and events that draws tens of thousands of people to Omaha in early May, even though fans can watch it streamed on their home computers or smartphones.Many shareholders, especially local, have said they will continue going, but others have been less sure.\"What really glued us to these men was their advice on living a full life by instructing people how to think clearly, to be honest with oneself, to learn from mistakes and to avoid calamities,\" said Whitney Tilson, an investor who previously ran T2 Partners and Kase Capital and has attended many meetings.In May 2020, at the height of the pandemic, Buffett held the meeting virtually from Omaha. Munger didn't attend.\"It particularly doesn't feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here,\" Buffett said. \"I think most of the people who come to our meeting really come to listen to Charlie.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947868409,"gmtCreate":1682933842602,"gmtModify":1682933846384,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"BRK is still a stock to have, to keep, to invest for the long term.","listText":"BRK is still a stock to have, to keep, to invest for the long term.","text":"BRK is still a stock to have, to keep, to invest for the long term.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947868409","repostId":"2330316523","repostType":2,"repost":{"id":"2330316523","kind":"highlight","pubTimestamp":1682930507,"share":"https://ttm.financial/m/news/2330316523?lang=&edition=fundamental","pubTime":"2023-05-01 16:41","market":"us","language":"en","title":"Buy Berkshire Stock Ahead of Its Annual Meeting. Buffett Still Has What It Takes","url":"https://stock-news.laohu8.com/highlight/detail?id=2330316523","media":"MarketWatch","summary":"Warren Buffett has his groove back—and so does Berkshire Hathaway stock.As some 30,000 Berkshire Hat","content":"<html><head></head><body><p>Warren Buffett has his groove back—and so does Berkshire Hathaway stock.</p><p>As some 30,000 Berkshire Hathaway investors prepare to gather in Omaha, Neb., on May 6 for the company’s annual meeting, there is plenty of reason for enthusiasm—and not just because CEO Warren Buffett seems as sharp as ever at 92.</p><p>Berkshire Hathaway has never been in better shape. Its after-tax operating earnings from a widely diversified group of businesses, including the Burlington Northern Santa Fe railroad, a huge property-and-casualty insurance business, and one of the country’s largest electric utilities, are expected to rise more than 10% this year to $35 billion despite economic headwinds.</p><p>Even better, Buffett is acting like Buffett again.</p><p>After a period of inactivity following the onset of the pandemic—which disappointed many Berkshire investors—Buffett snapped up P&amp;C insurer Alleghany for $11.6 billion last year, a cheap price. He spent $8 billion earlier this year to boost Berkshire’s stake to 80% in the parent of Pilot Flying J truck stops, which should benefit from the accelerated rollout of charging stations nationwide in the next decade.</p><p>Buffett also has been an active buyer of stocks, particularly in the energy sector. Berkshire now owns $27 billion of Chevron (CVX) and has steadily amassed a 23.6% stake in Occidental Petroleum (OXY) worth $13 billion, which has prompted speculation that Buffett may buy the whole company.</p><h2>Squeaking By</h2><h3>Despite Warren Buffett’s stock-picking prowess, Berkshire stock has only managed to keep up with the S&amp;P 500.</h3><table style=\"border-collapse:collapse;\"><tbody><tr><th style=\"text-align:left;\"><p></p></th><th style=\"text-align:left;\"><p>1-Yr Return</p></th><th style=\"text-align:left;\"><p>5-Yr Return</p></th><th style=\"text-align:left;\"><p>10-Yr Return</p></th><th style=\"text-align:left;\"><p>20-Yr Return</p></th></tr></tbody><tbody><tr><td style=\"text-align:left;\"><p><strong>Berkshire</strong></p></td><td style=\"text-align:left;\"><p>0.6%</p></td><td style=\"text-align:left;\"><p>11.0%</p></td><td style=\"text-align:left;\"><p>12.0%</p></td><td style=\"text-align:left;\"><p>10.3%</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>S&amp;P 500</strong></p></td><td style=\"text-align:left;\"><p>0.5</p></td><td style=\"text-align:left;\"><p>11.1</p></td><td style=\"text-align:left;\"><p>12.2</p></td><td style=\"text-align:left;\"><p>10.1</p></td></tr></tbody></table><p>Note: Five-, 10-, and 20-year returns are annualized</p><p>Source: Bloomberg</p><p>Even after that, Berkshire is sitting on more than $125 billion of cash that could be deployed in what Buffett has called an “elephant size” acquisition. Until then, that cash, which Buffett shrewdly kept in short-term Treasury bills, can earn 5% while banks are sitting on over $600 billion of bond losses. Plus, it’s one of the most defensive large-cap stocks due to what Buffett calls its “Fort Knox” balance sheet and durable earnings.</p><p>“Berkshire is attractive and defensive in the financial sector,” says Edward Jones analyst James Shanahan, who notes that the company doesn’t have the loan, funding, and margin issues confronting banks.</p><p>Add it all up and Berkshire stock looks appealing, despite not appearing cheap. The Class A shares, at about $500,000, are up 6.6% this year and trade for 21.6 times projected 2023 earnings, a premium to the S&amp;P 500 index’s 18.9 times. The stock is valued at about 1.4 times book value, using Shanahan’s June 30 estimate for book value, in line with its five- and 10-year averages.</p><p>The more actively traded Berkshire Class B shares look like a slightly better bet. They trade for $326 a share, a roughly 2% discount to the A shares. (Each B share is worth 1/1500th of an A share.)</p><p>Many investors focus on what Buffett has called Berkshire’s “look through” earnings, a calculation that reflects the proportional profits of the companies in the company’s investment portfolio, led by Apple (AAPL). Based on this measure, which doesn’t conform to generally accepted accounting principles, Berkshire is valued at about 14 times projected 2023 earnings.</p><p>Chris Bloomstran, a longtime Berkshire investor who runs Semper Augustus, a St. Louis investment firm, valued Berkshire earlier this year based on several measures. They averaged $421 per Class B share.</p><p>“Berkshire is trading at about 75% of intrinsic value,” he says.</p><p>Standout Berkshire businesses include its utility, which Bloomstran says is “unrivaled” in the industry due its scale and growth prospects. Berkshire’s insurance businesses are benefiting from stronger industry pricing, with Geico, its big auto insurer, expected to turn an underwriting profit this year after losing $1.9 billion last year.</p><h4>Newsletter Sign-up</h4><p>Berkshire’s buybacks are tough to predict since Buffett is price sensitive. A figure close to $15 billion in 2023, double last year’s total, looks reasonable based on the repurchase pace so far. That would be 2% of Berkshire’s market capitalization. The company pays no dividend and is unlikely to do so as long as Buffett is alive.</p><p>And that, of course, is the rub. Buffett is set to turn 93 in August. To say he’s irreplaceable, given his management and investment skills, is no understatement. “He’s still the best capital allocator,” Bloomstran says. Berkshire has scored with investments in a group of Japanese trading companies now worth about $12 billion. The Apple stake, now worth $151 billion, is about five times what Berkshire paid.</p><p>Still, Buffett has said Berkshire stock, which has only performed in line with the S&amp;P 500 over the past 5, 10 and 20 years, will go up, not down, as many might presume, when he dies since investors would bet on a breakup of the sprawling company. That’s a move he opposes, and board additions in recent years, including Buffett’s daughter Susan, could be designed in part to keep Berkshire intact after his death.</p><h2>A Lot to Like</h2><h3>Berkshire Hathaway owns strong businesses and a solid portfolio of stocks, and has the cash to add more.</h3><table style=\"border-collapse:collapse;\"><tbody><tr><th style=\"text-align:left;\"><p>Key Data</p></th><th style=\"text-align:left;\"><p></p></th></tr></tbody><tbody><tr><td style=\"text-align:left;\"><p><strong>Recent Price</strong></p></td><td style=\"text-align:left;\"><p>$499,700</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>2023E P/E Ratio</strong></p></td><td style=\"text-align:left;\"><p>21.6</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Book Value*</strong></p></td><td style=\"text-align:left;\"><p>$354,000</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Price/Book Ratio</strong></p></td><td style=\"text-align:left;\"><p>1.4</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Cash</strong></p></td><td style=\"text-align:left;\"><p>$129 billion</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Top Shareholder</strong></p></td><td style=\"text-align:left;\"><p>Warren Buffett 15.6%</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Top Equity Holdings</strong></p></td><td style=\"text-align:left;\"><p>Apple, Bank of America, Chevron</p></td></tr><tr><td style=\"text-align:left;\"><p><strong>Key Business Units</strong></p></td><td style=\"text-align:left;\"><p>BNSF, Geico, Electric utility</p></td></tr></tbody></table><p>E=estimate *Edward Jones June 30, 2023 estimate</p><p>Sources: Bloomberg; company reports</p><p>It’s encouraging, though, that Buffett’s likely successor, Greg Abel, 60, who heads Berkshire’s noninsurance operations, is taking a more assertive role at the conglomerate in improving operations at subsidiaries, something that the famously hands-off Buffett preferred not to do.</p><p>“He’s probably tougher than I would be in terms of getting things done and everything,” Buffett said recently in a CNBC interview. “And so, it has already improved dramatically, the management of Berkshire.”</p><p>Abel and Ajit Jain, the head of Berkshire’s insurance business, will be on hand at the annual meeting to answer shareholder questions along with Buffett and his longtime partner, Vice Chairman Charlie Munger, 99. And there will be plenty of questions. Most of all, Berkshire shareholders will enjoy Buffett’s presence, humor, and insights, knowing there won’t be many more of these events to come.</p><p>That’s a worry for another day. With everything running the way it should, it’s a great time to bet on Buffett and Berkshire stock.</p></body></html>","source":"mwatch_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>Buy Berkshire Stock Ahead of Its Annual Meeting. Buffett Still Has What It Takes</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\">\nBuy Berkshire Stock Ahead of Its Annual Meeting. Buffett Still Has What It Takes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-05-01 16:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/warren-buffett-berkshire-hathaway-stock-pick-272d7795?mod=newsviewer_click><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett has his groove back—and so does Berkshire Hathaway stock.As some 30,000 Berkshire Hathaway investors prepare to gather in Omaha, Neb., on May 6 for the company’s annual meeting, there ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/warren-buffett-berkshire-hathaway-stock-pick-272d7795?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://www.marketwatch.com/articles/warren-buffett-berkshire-hathaway-stock-pick-272d7795?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2330316523","content_text":"Warren Buffett has his groove back—and so does Berkshire Hathaway stock.As some 30,000 Berkshire Hathaway investors prepare to gather in Omaha, Neb., on May 6 for the company’s annual meeting, there is plenty of reason for enthusiasm—and not just because CEO Warren Buffett seems as sharp as ever at 92.Berkshire Hathaway has never been in better shape. Its after-tax operating earnings from a widely diversified group of businesses, including the Burlington Northern Santa Fe railroad, a huge property-and-casualty insurance business, and one of the country’s largest electric utilities, are expected to rise more than 10% this year to $35 billion despite economic headwinds.Even better, Buffett is acting like Buffett again.After a period of inactivity following the onset of the pandemic—which disappointed many Berkshire investors—Buffett snapped up P&C insurer Alleghany for $11.6 billion last year, a cheap price. He spent $8 billion earlier this year to boost Berkshire’s stake to 80% in the parent of Pilot Flying J truck stops, which should benefit from the accelerated rollout of charging stations nationwide in the next decade.Buffett also has been an active buyer of stocks, particularly in the energy sector. Berkshire now owns $27 billion of Chevron (CVX) and has steadily amassed a 23.6% stake in Occidental Petroleum (OXY) worth $13 billion, which has prompted speculation that Buffett may buy the whole company.Squeaking ByDespite Warren Buffett’s stock-picking prowess, Berkshire stock has only managed to keep up with the S&P 500.1-Yr Return5-Yr Return10-Yr Return20-Yr ReturnBerkshire0.6%11.0%12.0%10.3%S&P 5000.511.112.210.1Note: Five-, 10-, and 20-year returns are annualizedSource: BloombergEven after that, Berkshire is sitting on more than $125 billion of cash that could be deployed in what Buffett has called an “elephant size” acquisition. Until then, that cash, which Buffett shrewdly kept in short-term Treasury bills, can earn 5% while banks are sitting on over $600 billion of bond losses. Plus, it’s one of the most defensive large-cap stocks due to what Buffett calls its “Fort Knox” balance sheet and durable earnings.“Berkshire is attractive and defensive in the financial sector,” says Edward Jones analyst James Shanahan, who notes that the company doesn’t have the loan, funding, and margin issues confronting banks.Add it all up and Berkshire stock looks appealing, despite not appearing cheap. The Class A shares, at about $500,000, are up 6.6% this year and trade for 21.6 times projected 2023 earnings, a premium to the S&P 500 index’s 18.9 times. The stock is valued at about 1.4 times book value, using Shanahan’s June 30 estimate for book value, in line with its five- and 10-year averages.The more actively traded Berkshire Class B shares look like a slightly better bet. They trade for $326 a share, a roughly 2% discount to the A shares. (Each B share is worth 1/1500th of an A share.)Many investors focus on what Buffett has called Berkshire’s “look through” earnings, a calculation that reflects the proportional profits of the companies in the company’s investment portfolio, led by Apple (AAPL). Based on this measure, which doesn’t conform to generally accepted accounting principles, Berkshire is valued at about 14 times projected 2023 earnings.Chris Bloomstran, a longtime Berkshire investor who runs Semper Augustus, a St. Louis investment firm, valued Berkshire earlier this year based on several measures. They averaged $421 per Class B share.“Berkshire is trading at about 75% of intrinsic value,” he says.Standout Berkshire businesses include its utility, which Bloomstran says is “unrivaled” in the industry due its scale and growth prospects. Berkshire’s insurance businesses are benefiting from stronger industry pricing, with Geico, its big auto insurer, expected to turn an underwriting profit this year after losing $1.9 billion last year.Newsletter Sign-upBerkshire’s buybacks are tough to predict since Buffett is price sensitive. A figure close to $15 billion in 2023, double last year’s total, looks reasonable based on the repurchase pace so far. That would be 2% of Berkshire’s market capitalization. The company pays no dividend and is unlikely to do so as long as Buffett is alive.And that, of course, is the rub. Buffett is set to turn 93 in August. To say he’s irreplaceable, given his management and investment skills, is no understatement. “He’s still the best capital allocator,” Bloomstran says. Berkshire has scored with investments in a group of Japanese trading companies now worth about $12 billion. The Apple stake, now worth $151 billion, is about five times what Berkshire paid.Still, Buffett has said Berkshire stock, which has only performed in line with the S&P 500 over the past 5, 10 and 20 years, will go up, not down, as many might presume, when he dies since investors would bet on a breakup of the sprawling company. That’s a move he opposes, and board additions in recent years, including Buffett’s daughter Susan, could be designed in part to keep Berkshire intact after his death.A Lot to LikeBerkshire Hathaway owns strong businesses and a solid portfolio of stocks, and has the cash to add more.Key DataRecent Price$499,7002023E P/E Ratio21.6Book Value*$354,000Price/Book Ratio1.4Cash$129 billionTop ShareholderWarren Buffett 15.6%Top Equity HoldingsApple, Bank of America, ChevronKey Business UnitsBNSF, Geico, Electric utilityE=estimate *Edward Jones June 30, 2023 estimateSources: Bloomberg; company reportsIt’s encouraging, though, that Buffett’s likely successor, Greg Abel, 60, who heads Berkshire’s noninsurance operations, is taking a more assertive role at the conglomerate in improving operations at subsidiaries, something that the famously hands-off Buffett preferred not to do.“He’s probably tougher than I would be in terms of getting things done and everything,” Buffett said recently in a CNBC interview. “And so, it has already improved dramatically, the management of Berkshire.”Abel and Ajit Jain, the head of Berkshire’s insurance business, will be on hand at the annual meeting to answer shareholder questions along with Buffett and his longtime partner, Vice Chairman Charlie Munger, 99. And there will be plenty of questions. Most of all, Berkshire shareholders will enjoy Buffett’s presence, humor, and insights, knowing there won’t be many more of these events to come.That’s a worry for another day. With everything running the way it should, it’s a great time to bet on Buffett and Berkshire stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944775034,"gmtCreate":1682302371728,"gmtModify":1682302374709,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"This may spell the end of &nbsp;'Elon bull' and down hill for Tesla stock. Be Watching&nbsp;from the side line with a smile.&nbsp;","listText":"This may spell the end of &nbsp;'Elon bull' and down hill for Tesla stock. Be Watching&nbsp;from the side line with a smile.&nbsp;","text":"This may spell the end of 'Elon bull' and down hill for Tesla stock. Be Watching from the side line with a smile.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944775034","repostId":"2329872839","repostType":2,"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945563264,"gmtCreate":1681518996858,"gmtModify":1681519000704,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Elon again !!&nbsp;... &nbsp;messing things up for his own personal&nbsp;gain .. I think","listText":"Elon again !!&nbsp;... &nbsp;messing things up for his own personal&nbsp;gain .. I think","text":"Elon again !! ... messing things up for his own personal gain .. I think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9945563264","repostId":"2327177777","repostType":2,"repost":{"id":"2327177777","kind":"highlight","pubTimestamp":1681516587,"share":"https://ttm.financial/m/news/2327177777?lang=&edition=fundamental","pubTime":"2023-04-15 07:56","market":"us","language":"en","title":"Elon Musk to Start AI Rival in Challenge to OpenAI","url":"https://stock-news.laohu8.com/highlight/detail?id=2327177777","media":"Seekingalpha","summary":"Between running Tesla (NASDAQ: TSLA), overhauling Twitter (TWTR) and launching an occasional SpaceX ","content":"<html><head></head><body><p>Between running Tesla (NASDAQ: TSLA), overhauling Twitter (TWTR) and launching an occasional SpaceX rocket, Elon Musk would appear to have more than enough on his plate to keep him busy.</p><p>But, it seems like he has room for just one more thing: Artificial Intelligence.</p><p>The iconic tech billionaire is planning to launch an AI startup with a directive to rival the ChatGPT technology from OpenAI, and is said to be building up a team of engineers and researchers to get the project off the ground. And according to the Financial Times, Musk is not just talking about making his AI enterprise a reality.</p><p>The FT said that &#34;people familiar with the tech entrepreneur&#39;s plans&#34; said Musk has already bought up &#34;thousands&#34; of Nvidia&#39;s (NVDA) high-powered graphics processors [GPUs] to build a large language model that will be capable of running massive amounts of data to create content on the level of ChatGPT.</p><p>According to the FT, the engineers Musk has hired include several from DeepMind, a British AI research lab that was founded in 2010, and which now is a subsidiary of Google&#39;s parent company Alphabet (GOOG).</p><p>There is a possibility that the chance to take on OpenAI could also be personal for Musk, as co-founded that company in 2015, and left its board of directors in 2018 due to differences in strategy with OpenAI executives.</p><p>ChatGPT has taken center stage in the booming interest in AI over the last several months since Microsoft (MSFT) threw its weight behind OpenAI in January with a &#34;multi-year, multi-billion dollar investment&#34; in the company.</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>Elon Musk to Start AI Rival in Challenge to OpenAI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk to Start AI Rival in Challenge to OpenAI\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-15 07:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3956681-elon-musk-to-start-ai-rival-in-challenge-to-openai><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Between running Tesla (NASDAQ: TSLA), overhauling Twitter (TWTR) and launching an occasional SpaceX rocket, Elon Musk would appear to have more than enough on his plate to keep him busy.But, it seems ...</p>\n\n<a href=\"https://seekingalpha.com/news/3956681-elon-musk-to-start-ai-rival-in-challenge-to-openai\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/news/3956681-elon-musk-to-start-ai-rival-in-challenge-to-openai","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2327177777","content_text":"Between running Tesla (NASDAQ: TSLA), overhauling Twitter (TWTR) and launching an occasional SpaceX rocket, Elon Musk would appear to have more than enough on his plate to keep him busy.But, it seems like he has room for just one more thing: Artificial Intelligence.The iconic tech billionaire is planning to launch an AI startup with a directive to rival the ChatGPT technology from OpenAI, and is said to be building up a team of engineers and researchers to get the project off the ground. And according to the Financial Times, Musk is not just talking about making his AI enterprise a reality.The FT said that \"people familiar with the tech entrepreneur's plans\" said Musk has already bought up \"thousands\" of Nvidia's (NVDA) high-powered graphics processors [GPUs] to build a large language model that will be capable of running massive amounts of data to create content on the level of ChatGPT.According to the FT, the engineers Musk has hired include several from DeepMind, a British AI research lab that was founded in 2010, and which now is a subsidiary of Google's parent company Alphabet (GOOG).There is a possibility that the chance to take on OpenAI could also be personal for Musk, as co-founded that company in 2015, and left its board of directors in 2018 due to differences in strategy with OpenAI executives.ChatGPT has taken center stage in the booming interest in AI over the last several months since Microsoft (MSFT) threw its weight behind OpenAI in January with a \"multi-year, multi-billion dollar investment\" in the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4140491683703392","authorId":"4140491683703392","name":"Smith21683","avatar":"https://community-static.tradeup.com/news/1470ffb3d7c8d1022f68f850a8edc3a0","crmLevel":1,"crmLevelSwitch":0,"idStr":"4140491683703392","authorIdStr":"4140491683703392"},"content":"Feel as long as it is a good thing, he likes to insert a foot","text":"Feel as long as it is a good thing, he likes to insert a foot","html":"Feel as long as it is a good thing, he likes to insert a foot"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945666782,"gmtCreate":1681457107547,"gmtModify":1681457112829,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"As always Apple&nbsp;is setting&nbsp;a trend. A good move that will score big for the company","listText":"As always Apple&nbsp;is setting&nbsp;a trend. A good move that will score big for the company","text":"As always Apple is setting a trend. A good move that will score big for the company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945666782","repostId":"2327615167","repostType":2,"repost":{"id":"2327615167","kind":"highlight","pubTimestamp":1681443620,"share":"https://ttm.financial/m/news/2327615167?lang=&edition=fundamental","pubTime":"2023-04-14 11:40","market":"us","language":"en","title":"Why Apple Stock Popped over 3% on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=2327615167","media":"Motley Fool","summary":"Apple sets 2025 target of using 100% recycled cobalt in batteries","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/AAPL\">Apple</a> enjoyed a 3.41% pop on Thursday after the computers and iPhones tech giant announced plans to switch to using only recycled cobalt in its device batteries by 2025.  </p><p></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f242e3e828a229b4d7f0a026b6db5e9e\" tg-width=\"821\" tg-height=\"632\"/></p><h2>So what</h2><p>There are a couple of reasons why investors may be liking this latest Apple news. On one hand, it&#39;s a warm and fuzzy &#34;save the planet&#34; story as Apple moves to defuse criticism that the massive popularity of its devices is causing environmental issues by encouraging greater cobalt mining. Looking at the big picture, Apple is hoping to become entirely carbon-neutral by 2030, recycling not only cobalt, but also rare earth metals, tin soldering, gold plating, and even aluminum used in its products.  </p><p>At the same time, this is an economic story for Apple. According to a 2022 report from MacroPolo.org, cobalt is the single most expensive component (by weight) of rechargeable batteries, costing close to $60 per kilogram in 2021 -- about twice the price of lithium. So in announcing that it will recycle all its cobalt, Apple is presumably also aiming to cut the cost of its products -- and boost its own profit margins.  </p><h2>Now what</h2><p>Granted, just because Apple is recycling cobalt doesn&#39;t mean it&#39;s getting the recycled stuff for free. In fact, it may turn out that the cost of recycled cobalt is <em>greater</em> than the cost of buying newly mined cobalt. This remains to be seen -- and it&#39;s perhaps informative that in announcing its newest recycling initiative, Apple made no mention of cost savings.</p><p>That being said, the added &#34;green&#34; credentials of being a 100%-recycled consumer of cobalt should help to offset any additional cost for these consumers. For ESG-focused consumers (and investors), it could even turn into a deciding factor when choosing whether to buy an iPhone, for example, or an Android phone -- or whether to invest in Apple stock versus <strong>Samsung</strong>.</p><p>Factor in even the <em>potential </em>for cost savings as recycling technology improves over time, and this news looks like a plus for Apple -- maybe not big enough of a plus to justify paying 27 times earnings for a stock growing profits at only 8% per year, but a plus nonetheless.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Apple Stock Popped over 3% on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Apple Stock Popped over 3% on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-14 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2023/04/13/why-apple-stock-popped-on-thursday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of Apple enjoyed a 3.41% pop on Thursday after the computers and iPhones tech giant announced plans to switch to using only recycled cobalt in its device batteries by 2025.  So ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/04/13/why-apple-stock-popped-on-thursday/\">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.fool.com/investing/2023/04/13/why-apple-stock-popped-on-thursday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2327615167","content_text":"What happenedShares of Apple enjoyed a 3.41% pop on Thursday after the computers and iPhones tech giant announced plans to switch to using only recycled cobalt in its device batteries by 2025.  So whatThere are a couple of reasons why investors may be liking this latest Apple news. On one hand, it's a warm and fuzzy \"save the planet\" story as Apple moves to defuse criticism that the massive popularity of its devices is causing environmental issues by encouraging greater cobalt mining. Looking at the big picture, Apple is hoping to become entirely carbon-neutral by 2030, recycling not only cobalt, but also rare earth metals, tin soldering, gold plating, and even aluminum used in its products.  At the same time, this is an economic story for Apple. According to a 2022 report from MacroPolo.org, cobalt is the single most expensive component (by weight) of rechargeable batteries, costing close to $60 per kilogram in 2021 -- about twice the price of lithium. So in announcing that it will recycle all its cobalt, Apple is presumably also aiming to cut the cost of its products -- and boost its own profit margins.  Now whatGranted, just because Apple is recycling cobalt doesn't mean it's getting the recycled stuff for free. In fact, it may turn out that the cost of recycled cobalt is greater than the cost of buying newly mined cobalt. This remains to be seen -- and it's perhaps informative that in announcing its newest recycling initiative, Apple made no mention of cost savings.That being said, the added \"green\" credentials of being a 100%-recycled consumer of cobalt should help to offset any additional cost for these consumers. For ESG-focused consumers (and investors), it could even turn into a deciding factor when choosing whether to buy an iPhone, for example, or an Android phone -- or whether to invest in Apple stock versus Samsung.Factor in even the potential for cost savings as recycling technology improves over time, and this news looks like a plus for Apple -- maybe not big enough of a plus to justify paying 27 times earnings for a stock growing profits at only 8% per year, but a plus nonetheless.","news_type":1},"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954502886,"gmtCreate":1676440120845,"gmtModify":1676440124395,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Still lots lots of&nbsp;up side for long term value investor.&nbsp;&nbsp;","listText":"Still lots lots of&nbsp;up side for long term value investor.&nbsp;&nbsp;","text":"Still lots lots of up side for long term value investor.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954502886","repostId":"2311119271","repostType":2,"repost":{"id":"2311119271","kind":"highlight","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":1676418193,"share":"https://ttm.financial/m/news/2311119271?lang=&edition=fundamental","pubTime":"2023-02-15 07:43","market":"us","language":"en","title":"Buffett-Backed Nubank's Quarterly Profit Surges Amid Robust Customer Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2311119271","media":"Reuters","summary":"(Reuters) - Nu Holdings Ltd reported a surge in fourth-quarter gross profit on Tuesday, as customers","content":"<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/NU\">Nu Holdings Ltd</a> reported a surge in fourth-quarter gross profit on Tuesday, as customers flocked to the core lending products offered by the Warren Buffett-backed digital banking firm.</p><p>The Brazilian lender has so far been insulated from the downturn in the global banking industry as consumers in its key domestic Latin American market continue to gravitate towards Nubank&#39;s core offerings, such as credit cards and personal loans.</p><p>&#34;Despite the macroeconomic challenges of 2022, Nu was able to beat every key metric: maintained accelerated growth, gained share in products and markets,&#34; said founder and Chief Executive David Vélez in a statement.</p><p>Nubank added 4.2 million customers in the fourth quarter ended Dec. 31, and 20.7 million in 2022, closing the year with a total of 74.6 million customers globally.</p><p>Monthly average revenue per active customer (ARPAC) increased to $8.2, expanding 37% over the prior year on an FX neutral basis.</p><p>The digital lender&#39;s gross profit surged 137% to $578.3 million in the fourth quarter.</p><p>Still, Nubank, which listed in New York in a blockbuster market debut in late 2021, saw its shares lose more than half their value last year, amid turmoil in the markets and concerns around the stability of new-age financial firms when faced with harsh macroeconomic headwinds.</p><p>Nubank&#39;s total revenue for the fourth quarter was $1.45 billion and a record $4.8 billion for the full year.</p><p>On an adjusted basis, the bank reported net income of $133 million in the quarter ended Dec. 31.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Buffett-Backed Nubank's Quarterly Profit Surges Amid Robust Customer 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\">\nBuffett-Backed Nubank's Quarterly Profit Surges Amid Robust Customer 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\">2023-02-15 07:43</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - <a href=\"https://laohu8.com/S/NU\">Nu Holdings Ltd</a> reported a surge in fourth-quarter gross profit on Tuesday, as customers flocked to the core lending products offered by the Warren Buffett-backed digital banking firm.</p><p>The Brazilian lender has so far been insulated from the downturn in the global banking industry as consumers in its key domestic Latin American market continue to gravitate towards Nubank&#39;s core offerings, such as credit cards and personal loans.</p><p>&#34;Despite the macroeconomic challenges of 2022, Nu was able to beat every key metric: maintained accelerated growth, gained share in products and markets,&#34; said founder and Chief Executive David Vélez in a statement.</p><p>Nubank added 4.2 million customers in the fourth quarter ended Dec. 31, and 20.7 million in 2022, closing the year with a total of 74.6 million customers globally.</p><p>Monthly average revenue per active customer (ARPAC) increased to $8.2, expanding 37% over the prior year on an FX neutral basis.</p><p>The digital lender&#39;s gross profit surged 137% to $578.3 million in the fourth quarter.</p><p>Still, Nubank, which listed in New York in a blockbuster market debut in late 2021, saw its shares lose more than half their value last year, amid turmoil in the markets and concerns around the stability of new-age financial firms when faced with harsh macroeconomic headwinds.</p><p>Nubank&#39;s total revenue for the fourth quarter was $1.45 billion and a record $4.8 billion for the full year.</p><p>On an adjusted basis, the bank reported net income of $133 million in the quarter ended Dec. 31.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NU":"Nu Holdings Ltd.","BRK.A":"伯克希尔"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2311119271","content_text":"(Reuters) - Nu Holdings Ltd reported a surge in fourth-quarter gross profit on Tuesday, as customers flocked to the core lending products offered by the Warren Buffett-backed digital banking firm.The Brazilian lender has so far been insulated from the downturn in the global banking industry as consumers in its key domestic Latin American market continue to gravitate towards Nubank's core offerings, such as credit cards and personal loans.\"Despite the macroeconomic challenges of 2022, Nu was able to beat every key metric: maintained accelerated growth, gained share in products and markets,\" said founder and Chief Executive David Vélez in a statement.Nubank added 4.2 million customers in the fourth quarter ended Dec. 31, and 20.7 million in 2022, closing the year with a total of 74.6 million customers globally.Monthly average revenue per active customer (ARPAC) increased to $8.2, expanding 37% over the prior year on an FX neutral basis.The digital lender's gross profit surged 137% to $578.3 million in the fourth quarter.Still, Nubank, which listed in New York in a blockbuster market debut in late 2021, saw its shares lose more than half their value last year, amid turmoil in the markets and concerns around the stability of new-age financial firms when faced with harsh macroeconomic headwinds.Nubank's total revenue for the fourth quarter was $1.45 billion and a record $4.8 billion for the full year.On an adjusted basis, the bank reported net income of $133 million in the quarter ended Dec. 31.","news_type":1},"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9952417642,"gmtCreate":1674874024286,"gmtModify":1676538964257,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NU\">$Nu Holdings Ltd.(NU)$ &nbsp;</a>a value growth stock, time&nbsp;to buy in if you're looking for good&nbsp;bargain.","listText":"<a href=\"https://ttm.financial/S/NU\">$Nu Holdings Ltd.(NU)$ &nbsp;</a>a value growth stock, time&nbsp;to buy in if you're looking for good&nbsp;bargain.","text":"$Nu Holdings Ltd.(NU)$ a value growth stock, time to buy in if you're looking for good bargain.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9952417642","isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967012081,"gmtCreate":1670226696343,"gmtModify":1676538324487,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"BHP has got more up side&nbsp;","listText":"BHP has got more up side&nbsp;","text":"BHP has got more up side","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967012081","repostId":"2289139735","repostType":2,"repost":{"id":"2289139735","kind":"highlight","pubTimestamp":1670221158,"share":"https://ttm.financial/m/news/2289139735?lang=&edition=fundamental","pubTime":"2022-12-05 14:19","market":"us","language":"en","title":"Why Has the BHP Share Price Bolted Out the Gates on Monday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2289139735","media":"MotleyFool","summary":"The BHP Group Ltd (ASX: BHP) share price has charged higher today.BHP shares are up 2.80% near the c","content":"<html><head></head><body><p>The <a href=\"https://laohu8.com/S/BHP.AU\">BHP Group Ltd</a> (ASX: BHP) share price has charged higher today.</p><p>BHP shares are up 2.80% near the close, trading at $47.00 after hitting a high of $47.25 earlier this afternoon. The S&amp;P/ASX 200 Index (ASX: XJO) is also in the green, up 0.53% at the time of writing.</p><p>Shares in BHP have lifted today, but the company is not the only ASX mining share in the green. The <a href=\"https://laohu8.com/S/RIO.AU\">RIO Tinto Ltd</a> (ASX: RIO) share price is up 3.60% today, while <a href=\"https://laohu8.com/S/FMG.AU\">Fortescue Metals Group Ltd</a> (ASX: FMG) shares are soaring 7.77%.</p><p>Let’s take a look at what is going on with the BHP share price.</p><h2>What’s going on?</h2><p>BHP is a major iron ore producer. The company also explores copper, nickel, potash and metallurgical coal.</p><p>The company’s share price momentum today follows a 4.2% lift in iron ore futures in the United States on Friday to US$107.44 a tonne. Overall, iron ore surged 15.9% last week.</p><p>Iron ore futures on the Singapore Exchange are currently up 1.96% to US$108 per tonne.</p><p>Commenting on the iron ore price, ANZ head of economics David Plank said in a research note that iron ore was “buoyed by China’s moves to support the property sector”. He added:</p><blockquote>These measures should have a better chance of developing into stronger demand for steel and iron ore.</blockquote><p>Meanwhile, BHP provided a non-price-sensitive update on an English High Court case today. BHP has filed a defence against a group action claim seeking damages for alleged losses related to the Fundao Dam collapse in 2015. BHP denies the claims in their entirety.</p><h2>Share price snapshot</h2><p>The BHP share price has soared 31% in the last 12 months, while it has gained nearly 28% year to date.</p><p>For perspective, the ASX 200 has returned 1.37% in the last year.</p><p>BHP has a market capitalisation of around $238 billion based on the current share price.</p></body></html>","source":"motleyfoolau_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Has the BHP Share Price Bolted Out the Gates on Monday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Has the BHP Share Price Bolted Out the Gates on Monday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 14:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2022/12/05/why-has-the-bhp-share-price-bolted-out-the-gates-on-monday/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The BHP Group Ltd (ASX: BHP) share price has charged higher today.BHP shares are up 2.80% near the close, trading at $47.00 after hitting a high of $47.25 earlier this afternoon. The S&P/ASX 200 Index...</p>\n\n<a href=\"https://www.fool.com.au/2022/12/05/why-has-the-bhp-share-price-bolted-out-the-gates-on-monday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BHP":"必和必拓公司","BHP.AU":"BHP GROUP LTD","RIO":"力拓","RIO.AU":"力拓"},"source_url":"https://www.fool.com.au/2022/12/05/why-has-the-bhp-share-price-bolted-out-the-gates-on-monday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289139735","content_text":"The BHP Group Ltd (ASX: BHP) share price has charged higher today.BHP shares are up 2.80% near the close, trading at $47.00 after hitting a high of $47.25 earlier this afternoon. The S&P/ASX 200 Index (ASX: XJO) is also in the green, up 0.53% at the time of writing.Shares in BHP have lifted today, but the company is not the only ASX mining share in the green. The RIO Tinto Ltd (ASX: RIO) share price is up 3.60% today, while Fortescue Metals Group Ltd (ASX: FMG) shares are soaring 7.77%.Let’s take a look at what is going on with the BHP share price.What’s going on?BHP is a major iron ore producer. The company also explores copper, nickel, potash and metallurgical coal.The company’s share price momentum today follows a 4.2% lift in iron ore futures in the United States on Friday to US$107.44 a tonne. Overall, iron ore surged 15.9% last week.Iron ore futures on the Singapore Exchange are currently up 1.96% to US$108 per tonne.Commenting on the iron ore price, ANZ head of economics David Plank said in a research note that iron ore was “buoyed by China’s moves to support the property sector”. He added:These measures should have a better chance of developing into stronger demand for steel and iron ore.Meanwhile, BHP provided a non-price-sensitive update on an English High Court case today. BHP has filed a defence against a group action claim seeking damages for alleged losses related to the Fundao Dam collapse in 2015. BHP denies the claims in their entirety.Share price snapshotThe BHP share price has soared 31% in the last 12 months, while it has gained nearly 28% year to date.For perspective, the ASX 200 has returned 1.37% in the last year.BHP has a market capitalisation of around $238 billion based on the current share price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961857015,"gmtCreate":1668916086237,"gmtModify":1676538128084,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"I would agree and let time be the judge.","listText":"I would agree and let time be the judge.","text":"I would agree and let time be the judge.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961857015","repostId":"2284364620","repostType":2,"repost":{"id":"2284364620","kind":"highlight","pubTimestamp":1668912684,"share":"https://ttm.financial/m/news/2284364620?lang=&edition=fundamental","pubTime":"2022-11-20 10:51","market":"us","language":"en","title":"Will TSMC Stock Be a Trillion-Dollar Stock By 2032?","url":"https://stock-news.laohu8.com/highlight/detail?id=2284364620","media":"Motley Fool","summary":"The pure-play semiconductor foundry has a massive tailwind at its back.","content":"<html><head></head><body><p>Famous investor Warren Buffett created quite a stir the other day when his company, <b>Berkshire Hathaway</b>, revealed a new 60-million share stake in <a href=\"https://laohu8.com/S/TSM\"><b>Taiwan Semiconductor Manufacturing</b></a> worth $4.8 billion. The company bought so much it&#39;s now one of its top-10 holdings.</p><p>As the world&#39;s largest semiconductor foundry, Taiwan Semiconductor manufactures integrated circuits based on designs provided by its clients, including the likes of <b>Advanced Micro Devices</b>, <b>Broadcom</b>, <b>Intel</b>, and <b>Nvidia</b>.</p><p>Yet the industry has been mired in problems born of the COVID-19 pandemic, and shortages have been rife throughout the supply chain. Taiwan Semiconductor had lost some 40% of its value before the company reported better-than-expected third quarter earnings.</p><p>Over the past month, and combined with Buffett&#39;s buy, the semiconductor stock has since climbed 27%, though its shares are still down 37% since the beginning of the year. With a market capitalization of over $350 billion, Taiwan Semiconductor needs to roughly triple from its current valuation to achieve trillion-dollar status. Is that feasible? Let&#39;s find out.</p><h2>An expanding global footprint</h2><p>As noted, Taiwan Semiconductor counts some of the largest chip companies as customers. Because so many are U.S.-based tech stocks, last year it began construction of a $12 billion 5-nanometer chip fabrication plant in northern Arizona that should become operational in the first quarter of 2024 (TSM has had a presence in the state for 40 years).</p><p>It&#39;s no coincidence that <b>Apple</b> recently announced that it will begin buying more of the chips it needs for its consumer electronics from a plant in Arizona that will become operational in 2024. Taiwan Semi already manufactures its A- and M-series processors, which are used in its iPhones and Mac computers.</p><p>In fact, demand from customers is reportedly so strong that Taiwan Semiconductor says it will begin constructing a second plant in Arizona. It&#39;s also building a foundry in Japan.</p><p>It already generates over half of all global foundry revenue and owns 84% of the sub-10 nanometer chip market.</p><h2>Out front and pulling away</h2><p>For as much as Buffett really disliked technology stocks early on, he has grown increasingly comfortable investing in the space -- Apple is his largest holding by far. It could be that he sees Taiwan Semiconductor in the same way: the dominant player in its field that few can touch, and that consumers absolutely rely upon.</p><p>That&#39;s apparent in Taiwan Semiconductor&#39;s third-quarter earnings report, which showed revenue jumped 36% to $20.2 billion while profits surged 80% to $8.8 billion. While much of the rest of the world was constrained by shortages, the semiconductor leader previously said it had not been impacted much by the sector&#39;s downturn because long-term demand was &#34;firmly in place.&#34;</p><p><img src=\"https://static.tigerbbs.com/9488830d0ed026bf3e64316da5857c31\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Image source: Getty Images.</p><p>Trends such as the rollout of 5G networks, the advent and importance of data centers for housing company information, and the increased growth among consumer electronics and autos kept its factories humming along.</p><p>While it has struck a more cautious outlook today than it did after releasing its second-quarter report, trimming its expected capital expenditures for 2022 from $40 billion to $36 billion due to equipment delays, the long-term outlook for the chip stock remains bright.</p><h2>Trillion-dollar baby</h2><p>Taiwan Semiconductor&#39;s next closest competitor, <b>United Microelectronics</b>, is a distant second with just a 13% share of the market, and its next-gen N3 processor is generating such strong demand from the likes of Apple, AMD, and Intel that it is actually pressuring its engineering capacity.</p><p>The semiconductor industry is definitely a cyclical one, so Taiwan Semiconductor Manufacturing will certainly have ups and downs in the years to come. It seems a good bet Taiwan Semiconductor could readily become a trillion-dollar stock within the next decade.</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 TSMC Stock Be a Trillion-Dollar Stock By 2032?</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 TSMC Stock Be a Trillion-Dollar Stock By 2032?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-20 10:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/19/will-taiwan-semiconductor-manufacturing-be-a-trill/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Famous investor Warren Buffett created quite a stir the other day when his company, Berkshire Hathaway, revealed a new 60-million share stake in Taiwan Semiconductor Manufacturing worth $4.8 billion. ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/19/will-taiwan-semiconductor-manufacturing-be-a-trill/\">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"},"source_url":"https://www.fool.com/investing/2022/11/19/will-taiwan-semiconductor-manufacturing-be-a-trill/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284364620","content_text":"Famous investor Warren Buffett created quite a stir the other day when his company, Berkshire Hathaway, revealed a new 60-million share stake in Taiwan Semiconductor Manufacturing worth $4.8 billion. The company bought so much it's now one of its top-10 holdings.As the world's largest semiconductor foundry, Taiwan Semiconductor manufactures integrated circuits based on designs provided by its clients, including the likes of Advanced Micro Devices, Broadcom, Intel, and Nvidia.Yet the industry has been mired in problems born of the COVID-19 pandemic, and shortages have been rife throughout the supply chain. Taiwan Semiconductor had lost some 40% of its value before the company reported better-than-expected third quarter earnings.Over the past month, and combined with Buffett's buy, the semiconductor stock has since climbed 27%, though its shares are still down 37% since the beginning of the year. With a market capitalization of over $350 billion, Taiwan Semiconductor needs to roughly triple from its current valuation to achieve trillion-dollar status. Is that feasible? Let's find out.An expanding global footprintAs noted, Taiwan Semiconductor counts some of the largest chip companies as customers. Because so many are U.S.-based tech stocks, last year it began construction of a $12 billion 5-nanometer chip fabrication plant in northern Arizona that should become operational in the first quarter of 2024 (TSM has had a presence in the state for 40 years).It's no coincidence that Apple recently announced that it will begin buying more of the chips it needs for its consumer electronics from a plant in Arizona that will become operational in 2024. Taiwan Semi already manufactures its A- and M-series processors, which are used in its iPhones and Mac computers.In fact, demand from customers is reportedly so strong that Taiwan Semiconductor says it will begin constructing a second plant in Arizona. It's also building a foundry in Japan.It already generates over half of all global foundry revenue and owns 84% of the sub-10 nanometer chip market.Out front and pulling awayFor as much as Buffett really disliked technology stocks early on, he has grown increasingly comfortable investing in the space -- Apple is his largest holding by far. It could be that he sees Taiwan Semiconductor in the same way: the dominant player in its field that few can touch, and that consumers absolutely rely upon.That's apparent in Taiwan Semiconductor's third-quarter earnings report, which showed revenue jumped 36% to $20.2 billion while profits surged 80% to $8.8 billion. While much of the rest of the world was constrained by shortages, the semiconductor leader previously said it had not been impacted much by the sector's downturn because long-term demand was \"firmly in place.\"Image source: Getty Images.Trends such as the rollout of 5G networks, the advent and importance of data centers for housing company information, and the increased growth among consumer electronics and autos kept its factories humming along.While it has struck a more cautious outlook today than it did after releasing its second-quarter report, trimming its expected capital expenditures for 2022 from $40 billion to $36 billion due to equipment delays, the long-term outlook for the chip stock remains bright.Trillion-dollar babyTaiwan Semiconductor's next closest competitor, United Microelectronics, is a distant second with just a 13% share of the market, and its next-gen N3 processor is generating such strong demand from the likes of Apple, AMD, and Intel that it is actually pressuring its engineering capacity.The semiconductor industry is definitely a cyclical one, so Taiwan Semiconductor Manufacturing will certainly have ups and downs in the years to come. It seems a good bet Taiwan Semiconductor could readily become a trillion-dollar stock within the next decade.","news_type":1},"isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985374394,"gmtCreate":1667337771319,"gmtModify":1676537898582,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"75 bps this time round","listText":"75 bps this time round","text":"75 bps this time round","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9985374394","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274819816427","authorId":"3479274819816427","name":"snugglo","avatar":"https://static.tigerbbs.com/78bec073397d54a68f80879dd87fd45c","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274819816427","authorIdStr":"3479274819816427"},"content":"The impact of interest rate increase is now small, mainly to see whether next year will continue to raise.","text":"The impact of interest rate increase is now small, mainly to see whether next year will continue to raise.","html":"The impact of interest rate increase is now small, mainly to see whether next year will continue to raise."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932617641,"gmtCreate":1662939250284,"gmtModify":1676537165224,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Maybe worth grabbing some IPO share","listText":"Maybe worth grabbing some IPO share","text":"Maybe worth grabbing some IPO share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932617641","repostId":"2265052724","repostType":2,"repost":{"id":"2265052724","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1662449700,"share":"https://ttm.financial/m/news/2265052724?lang=&edition=fundamental","pubTime":"2022-09-06 15:35","market":"us","language":"en","title":"Volkswagen Plans IPO for Porsche Brand. Investors Can Get in Now. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2265052724","media":"Dow Jones","summary":"Al Root \n\n\n     It's official: A Porsche brand initial public offering is coming. \n\n\n     Volkswagen","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nAl Root \n</pre>\n<p>\n     It's official: A Porsche brand initial public offering is coming. \n</p>\n<p>\n     Volkswagen (ticker: VOW.Germany) announced the decision on Monday. The German auto maker will list stock in Dr. Ing. h.c. F. Porsche AG in late September or early October. \n</p>\n<p>\n     Dr. Ing. H.c. F. Porsche AG is actually the company that makes the cars. That's what most people think of when they think of Porsche. \n</p>\n<p>\n     Porsche Automobil Holding (POAHY) is another Porsche-named company. It is, essentially, a holding company that has about 53% of the common stock in Volkswagen. Automobil Holding's market capitalization is about $21 billion. The company's stake in Volkswagen is actually worth about $28 billion. It's trading at a roughly 25% discount. \n</p>\n<p>\n     When the Dr. Ing h.c. F. Porsche AG IPO comes, Volkswagen will retain a stake. It will become easier to value the sports-car maker inside of the larger Volkswagen business. If the plan works, Volkswagen stock will get a valuation bump. \n</p>\n<p>\n     U.S. investors interested in trying to arbitrage that idea today can buy either the Automobil Holding American depositary receipts -- \"POAHY\" -- or the Volkswagen ADRs \"VWAGY.\" Those investors won't get any stock in the Porsche sports-car brand IPO. Instead, they get the benefit of any valuation bump. \n</p>\n<p>\n     Just how big the bump will be is hard to say. Investors, today, of course, know that the Porsche sports car brand is inside of Volkswagen and they still value stock in the overall VW entity at about $83 billion, which is just about five times estimated 2023 earnings. \n</p>\n<p>\n     That's a low multiple. But Volkswagen European peer Stellantis <a href=\"https://laohu8.com/S/STLA\">$(STLA)$</a> trades for just three times earnings. \n</p>\n<p>\n     There, of course, is no guarantee buying Volkswagen or Automobil Holding stock before the Porsche sports-car IPO will work. And like any investment, investors should first feel comfortable owning Volkswagen and all its brands at current prices. Volkswagen shares rose about 2.7% in Frankfurt on Tuesday. \n</p>\n<p>\n     Volkswagen's U.S.-listed ADRs have fallen about 38% this year. Porsche Automobil Holding shares have declined 25%. The drop of the European-listed stocks is less than the U.S. ADRs because the value of the euro has declined vs. the U.S. dollar by about 13% so far in 2022. \n</p>\n<p>\n     Write to Al Root at allen.root@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 06, 2022 03:35 ET (07:35 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Volkswagen Plans IPO for Porsche Brand. Investors Can Get in Now. -- Barrons.com</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\">\nVolkswagen Plans IPO for Porsche Brand. Investors Can Get in Now. -- Barrons.com\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-09-06 15:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nAl Root \n</pre>\n<p>\n     It's official: A Porsche brand initial public offering is coming. \n</p>\n<p>\n     Volkswagen (ticker: VOW.Germany) announced the decision on Monday. The German auto maker will list stock in Dr. Ing. h.c. F. Porsche AG in late September or early October. \n</p>\n<p>\n     Dr. Ing. H.c. F. Porsche AG is actually the company that makes the cars. That's what most people think of when they think of Porsche. \n</p>\n<p>\n     Porsche Automobil Holding (POAHY) is another Porsche-named company. It is, essentially, a holding company that has about 53% of the common stock in Volkswagen. Automobil Holding's market capitalization is about $21 billion. The company's stake in Volkswagen is actually worth about $28 billion. It's trading at a roughly 25% discount. \n</p>\n<p>\n     When the Dr. Ing h.c. F. Porsche AG IPO comes, Volkswagen will retain a stake. It will become easier to value the sports-car maker inside of the larger Volkswagen business. If the plan works, Volkswagen stock will get a valuation bump. \n</p>\n<p>\n     U.S. investors interested in trying to arbitrage that idea today can buy either the Automobil Holding American depositary receipts -- \"POAHY\" -- or the Volkswagen ADRs \"VWAGY.\" Those investors won't get any stock in the Porsche sports-car brand IPO. Instead, they get the benefit of any valuation bump. \n</p>\n<p>\n     Just how big the bump will be is hard to say. Investors, today, of course, know that the Porsche sports car brand is inside of Volkswagen and they still value stock in the overall VW entity at about $83 billion, which is just about five times estimated 2023 earnings. \n</p>\n<p>\n     That's a low multiple. But Volkswagen European peer Stellantis <a href=\"https://laohu8.com/S/STLA\">$(STLA)$</a> trades for just three times earnings. \n</p>\n<p>\n     There, of course, is no guarantee buying Volkswagen or Automobil Holding stock before the Porsche sports-car IPO will work. And like any investment, investors should first feel comfortable owning Volkswagen and all its brands at current prices. Volkswagen shares rose about 2.7% in Frankfurt on Tuesday. \n</p>\n<p>\n     Volkswagen's U.S.-listed ADRs have fallen about 38% this year. Porsche Automobil Holding shares have declined 25%. The drop of the European-listed stocks is less than the U.S. ADRs because the value of the euro has declined vs. the U.S. dollar by about 13% so far in 2022. \n</p>\n<p>\n     Write to Al Root at allen.root@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  September 06, 2022 03:35 ET (07:35 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"08100":"名科国际","POAHY":"Porsche Automobile Holding SE","BK1117":"系统软件","BK4211":"区域性银行","BK1511":"疑似财技股","ISBC":"投资者银行"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265052724","content_text":"Al Root \n\n\n     It's official: A Porsche brand initial public offering is coming. \n\n\n     Volkswagen (ticker: VOW.Germany) announced the decision on Monday. The German auto maker will list stock in Dr. Ing. h.c. F. Porsche AG in late September or early October. \n\n\n     Dr. Ing. H.c. F. Porsche AG is actually the company that makes the cars. That's what most people think of when they think of Porsche. \n\n\n     Porsche Automobil Holding (POAHY) is another Porsche-named company. It is, essentially, a holding company that has about 53% of the common stock in Volkswagen. Automobil Holding's market capitalization is about $21 billion. The company's stake in Volkswagen is actually worth about $28 billion. It's trading at a roughly 25% discount. \n\n\n     When the Dr. Ing h.c. F. Porsche AG IPO comes, Volkswagen will retain a stake. It will become easier to value the sports-car maker inside of the larger Volkswagen business. If the plan works, Volkswagen stock will get a valuation bump. \n\n\n     U.S. investors interested in trying to arbitrage that idea today can buy either the Automobil Holding American depositary receipts -- \"POAHY\" -- or the Volkswagen ADRs \"VWAGY.\" Those investors won't get any stock in the Porsche sports-car brand IPO. Instead, they get the benefit of any valuation bump. \n\n\n     Just how big the bump will be is hard to say. Investors, today, of course, know that the Porsche sports car brand is inside of Volkswagen and they still value stock in the overall VW entity at about $83 billion, which is just about five times estimated 2023 earnings. \n\n\n     That's a low multiple. But Volkswagen European peer Stellantis $(STLA)$ trades for just three times earnings. \n\n\n     There, of course, is no guarantee buying Volkswagen or Automobil Holding stock before the Porsche sports-car IPO will work. And like any investment, investors should first feel comfortable owning Volkswagen and all its brands at current prices. Volkswagen shares rose about 2.7% in Frankfurt on Tuesday. \n\n\n     Volkswagen's U.S.-listed ADRs have fallen about 38% this year. Porsche Automobil Holding shares have declined 25%. The drop of the European-listed stocks is less than the U.S. ADRs because the value of the euro has declined vs. the U.S. dollar by about 13% so far in 2022. \n\n\n     Write to Al Root at allen.root@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  September 06, 2022 03:35 ET (07:35 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939848891,"gmtCreate":1662087432213,"gmtModify":1676536994871,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NET.AU\">$Netlinkz(NET.AU)$</a>is it a good time to buy in?","listText":"<a href=\"https://ttm.financial/S/NET.AU\">$Netlinkz(NET.AU)$</a>is it a good time to buy in?","text":"$Netlinkz(NET.AU)$is it a good time to buy in?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939848891","isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939841687,"gmtCreate":1662087367650,"gmtModify":1676536994822,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"BHP is a long term play.&nbsp;[LOL]&nbsp;","listText":"BHP is a long term play.&nbsp;[LOL]&nbsp;","text":"BHP is a long term play. [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939841687","repostId":"2264225832","repostType":2,"repost":{"id":"2264225832","kind":"highlight","pubTimestamp":1662084818,"share":"https://ttm.financial/m/news/2264225832?lang=&edition=fundamental","pubTime":"2022-09-02 10:13","market":"us","language":"en","title":"Why Is the BHP Share Price Tumbling Again on Friday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2264225832","media":"MotleyFool","summary":"The BHP Group Ltd (ASX: BHP) share price is currently down 1.8%, adding to yesterday’s fall.Since th","content":"<html><head></head><body><p>The <b>BHP Group Ltd </b>(ASX: BHP) share price is currently down 1.8%, adding to yesterday’s fall.</p><p>Since the end of August, BHP shares have now fallen by around 10%.</p><p>Yesterday’s decline may have largely been due to BHP reaching the ex-dividend date. This simply means that new investors buying shares aren’t entitled to the final FY22 dividend.</p><p>In theory, BHP shares aren’t worth as much in the short-term if investors aren’t entitled to the large dividend.</p><p>However, that’s old news now.</p><h2><b>Why is the BHP share price falling?</b></h2><p>Well, you’d need to ask each individual seller why they’re selling today, at a lower price.</p><p>But, there could be a few different factors.</p><p>It’s certainly possible that a few more investors decided to sell their shares after the ex-dividend date.</p><p>But there could be other things happening.</p><p>The <b>S&amp;P/ASX 200 Index </b>(ASX: XJO) is currently in the red by 0.25%, so BHP may be suffering from general market negativity, though BHP itself is responsible for a sizeable part of that decline considering BHP is such a large part of the overall ASX 200 index.</p><h2>Iron ore price sinks</h2><p>However, the thing that may be on investors’ minds the most is changing commodity prices.</p><p>As a resource business, BHP’s ability to generate profit is heavily dependent on the commodity price.</p><p>The costs of mining iron ore don’t really change whether the iron ore price is US$10 higher or US$10 lower per tonne. So, a higher price can largely add straight to the net profit after tax (NPAT) line (after paying the government a bit more). But the reverse is true when the iron ore price drops as well, which can hurt the BHP share price.</p><p>Commsec pointed out that overnight:</p><blockquote>Iron ore futures slid US$8.37 or 8% to US$96.39 a tonne after the lockdown of Chengdu revived fears that the virus will continue to hamper China’s economic recovery.</blockquote><p>An 8% fall in the iron ore price is a hefty fall in one day.</p><p>Lockdowns may not be permanent, but it does increase uncertainty for the market.</p><p>However, iron ore isn’t BHP’s only commodity – its portfolio includes other resources like copper, nickel and potash.</p><p>The company also recently tried to buy the ASX copper miner <b>OZ Minerals Limited</b> (ASX: OZL), but that was knocked back.</p><h2><b>BHP share price snapshot</b></h2><p>Over the last six months, BHP shares have dropped 24%.</p></body></html>","source":"motleyfoolau_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is the BHP Share Price Tumbling Again on Friday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is the BHP Share Price Tumbling Again on Friday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-02 10:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2022/09/02/why-is-the-bhp-share-price-tumbling-again-on-friday/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The BHP Group Ltd (ASX: BHP) share price is currently down 1.8%, adding to yesterday’s fall.Since the end of August, BHP shares have now fallen by around 10%.Yesterday’s decline may have largely been ...</p>\n\n<a href=\"https://www.fool.com.au/2022/09/02/why-is-the-bhp-share-price-tumbling-again-on-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BHP":"必和必拓公司","BHP.AU":"BHP GROUP LTD"},"source_url":"https://www.fool.com.au/2022/09/02/why-is-the-bhp-share-price-tumbling-again-on-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2264225832","content_text":"The BHP Group Ltd (ASX: BHP) share price is currently down 1.8%, adding to yesterday’s fall.Since the end of August, BHP shares have now fallen by around 10%.Yesterday’s decline may have largely been due to BHP reaching the ex-dividend date. This simply means that new investors buying shares aren’t entitled to the final FY22 dividend.In theory, BHP shares aren’t worth as much in the short-term if investors aren’t entitled to the large dividend.However, that’s old news now.Why is the BHP share price falling?Well, you’d need to ask each individual seller why they’re selling today, at a lower price.But, there could be a few different factors.It’s certainly possible that a few more investors decided to sell their shares after the ex-dividend date.But there could be other things happening.The S&P/ASX 200 Index (ASX: XJO) is currently in the red by 0.25%, so BHP may be suffering from general market negativity, though BHP itself is responsible for a sizeable part of that decline considering BHP is such a large part of the overall ASX 200 index.Iron ore price sinksHowever, the thing that may be on investors’ minds the most is changing commodity prices.As a resource business, BHP’s ability to generate profit is heavily dependent on the commodity price.The costs of mining iron ore don’t really change whether the iron ore price is US$10 higher or US$10 lower per tonne. So, a higher price can largely add straight to the net profit after tax (NPAT) line (after paying the government a bit more). But the reverse is true when the iron ore price drops as well, which can hurt the BHP share price.Commsec pointed out that overnight:Iron ore futures slid US$8.37 or 8% to US$96.39 a tonne after the lockdown of Chengdu revived fears that the virus will continue to hamper China’s economic recovery.An 8% fall in the iron ore price is a hefty fall in one day.Lockdowns may not be permanent, but it does increase uncertainty for the market.However, iron ore isn’t BHP’s only commodity – its portfolio includes other resources like copper, nickel and potash.The company also recently tried to buy the ASX copper miner OZ Minerals Limited (ASX: OZL), but that was knocked back.BHP share price snapshotOver the last six months, BHP shares have dropped 24%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906318728,"gmtCreate":1659486297266,"gmtModify":1705980833994,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Good on you","listText":"Good on you","text":"Good on you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906318728","repostId":"9901390976","repostType":1,"repost":{"id":9901390976,"gmtCreate":1659136878695,"gmtModify":1676536261337,"author":{"id":"3585783151794537","authorId":"3585783151794537","name":"jgaldon","avatar":"https://static.tigerbbs.com/7ac1bf876c504881c7cc0ca4968b92bb","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585783151794537","authorIdStr":"3585783151794537"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/WDS.AU\">$WOODSIDE ENERGY GROUP LTD(WDS.AU)$</a>These free BHP shares are the best for the mind...up or down...it's always 0% and green.One day, if the Gods allow, will sell all initial investments...and keep just the profit running. Same idea as this Woodsie, stress free.Cheers!","listText":"<a href=\"https://ttm.financial/S/WDS.AU\">$WOODSIDE ENERGY GROUP LTD(WDS.AU)$</a>These free BHP shares are the best for the mind...up or down...it's always 0% and green.One day, if the Gods allow, will sell all initial investments...and keep just the profit running. Same idea as this Woodsie, stress free.Cheers!","text":"$WOODSIDE ENERGY GROUP LTD(WDS.AU)$These free BHP shares are the best for the mind...up or down...it's always 0% and green.One day, if the Gods allow, will sell all initial investments...and keep just the profit running. Same idea as this Woodsie, stress free.Cheers!","images":[{"img":"https://community-static.tradeup.com/news/f02c257a05e7b1fdf5748f546fcfc591","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901390976","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900100102,"gmtCreate":1658651015706,"gmtModify":1676536187766,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"AMZN is a good long term BUY. Don't let anyone tell you otherwise.","listText":"AMZN is a good long term BUY. Don't let anyone tell you otherwise.","text":"AMZN is a good long term BUY. Don't let anyone tell you otherwise.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900100102","repostId":"2253060728","repostType":4,"repost":{"id":"2253060728","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658631601,"share":"https://ttm.financial/m/news/2253060728?lang=&edition=fundamental","pubTime":"2022-07-24 11:00","market":"us","language":"en","title":"Amazon Is Ready To Rise Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2253060728","media":"Dow Jones","summary":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For invest","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</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>Amazon Is Ready To Rise Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Is Ready To Rise Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 11:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253060728","content_text":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it's time to refocus. Amazon shares have never looked more attractive than they do right now.Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon's worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon's streak may be coming to an end.When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That's a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.The company's longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon's profits, with the cost of deliveries and returns on the rise.Amazon's profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.And yet none of that should matter. Investors' preoccupation with Amazon's retail operations overlooks the company's transformation. This year, the Amazon Web Services cloud business will be about 15% of the company's total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That's nearly four times the size of Twitter (TWTR) and Snap $(SNAP)$ combined. And it's a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast $(CMCSA)$, Fox $(FOXA)$, Paramount Global (PARA), and Walt Disney $(DIS)$ . There's also a growing logistics operation that increasingly rivals FedEx $(FDX.AU)$ and United Parcel Service $(UPS)$.The challenge for investors is that the sprawling operation has made Amazon difficult to value. It's worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn't be brighter.Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he's convinced that in the long run, \"no one is going to compete with Amazon\" in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company's current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.Says Munster: \"It's hard not to like Amazon at this valuation.\"To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth's best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon's dominant market position was clear evidence that U.S. antitrust laws weren't effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.There's also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won't be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon's slice of the pie remains vast, at about 40%. There's still room for additional market share gains, too.The company's advertising business, meanwhile, is on the rise. Given Apple's $(AAPL)$ tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond Meta Platforms' $(META.UK)$ Facebook, Alphabet's $(GOOGL)$ YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon's case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon's ad market is a gold mine.And then there's Amazon Web Services, the company's mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon's operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon's operating income.With revenue close to $82 billion, AWS is one of the world's largest software and services companies -- bigger than Oracle $(ORCL)$, IBM $(IBM)$, or SAP $(SAP)$, and more than twice the size of Salesforce $(CRM.AU)$, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It's no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)One of Wall Street's favorite strategies for assessing corporate value is a \"sum of the parts\" approach: Make a list of what the company owns, put a value on each part, then add it all up.For some of Amazon's businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft $(MSFT)$ Azure and Google Cloud -- are likewise buried inside large businesses. Amazon's ad business is valuable, but it's linked to the core e-commerce business and therefore defies an easy value.Then there's Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company's financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.In reporting this story, Barron's found at least four different attempts by Wall Street analysts to suss out the company's true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon's parts add up to a lot more than its current market value.Let's start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon's value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon's current market value. That doesn't include e-commerce, which Martin's calculations currently ignore.Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon's \"third-party retail\" services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for \"first party\" retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company's subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart $(WMT)$ trades at about one times GMV, while Amazon's retail business has \"meaningfully higher\" growth, meriting a higher multiple. For Anmuth, that's a total Amazon value of $2 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040209908,"gmtCreate":1655675934804,"gmtModify":1676535680452,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"AMZN is both an e-commerce growth engine and one of the leading cloud networking solutions&nbsp;provider. - AWS.&nbsp;&nbsp;You are buying a future here.","listText":"AMZN is both an e-commerce growth engine and one of the leading cloud networking solutions&nbsp;provider. - AWS.&nbsp;&nbsp;You are buying a future here.","text":"AMZN is both an e-commerce growth engine and one of the leading cloud networking solutions provider. - AWS. You are buying a future here.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040209908","repostId":"1191198317","repostType":2,"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9952417642,"gmtCreate":1674874024286,"gmtModify":1676538964257,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NU\">$Nu Holdings Ltd.(NU)$ &nbsp;</a>a value growth stock, time&nbsp;to buy in if you're looking for good&nbsp;bargain.","listText":"<a href=\"https://ttm.financial/S/NU\">$Nu Holdings Ltd.(NU)$ &nbsp;</a>a value growth stock, time&nbsp;to buy in if you're looking for good&nbsp;bargain.","text":"$Nu Holdings Ltd.(NU)$ a value growth stock, time to buy in if you're looking for good bargain.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":16,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9952417642","isVote":1,"tweetType":1,"viewCount":945,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9040209908,"gmtCreate":1655675934804,"gmtModify":1676535680452,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"AMZN is both an e-commerce growth engine and one of the leading cloud networking solutions&nbsp;provider. - AWS.&nbsp;&nbsp;You are buying a future here.","listText":"AMZN is both an e-commerce growth engine and one of the leading cloud networking solutions&nbsp;provider. - AWS.&nbsp;&nbsp;You are buying a future here.","text":"AMZN is both an e-commerce growth engine and one of the leading cloud networking solutions provider. - AWS. You are buying a future here.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9040209908","repostId":"1191198317","repostType":2,"repost":{"id":"1191198317","kind":"news","pubTimestamp":1655602257,"share":"https://ttm.financial/m/news/1191198317?lang=&edition=fundamental","pubTime":"2022-06-19 09:30","market":"us","language":"en","title":"Amazon Is Finally Cheap Again","url":"https://stock-news.laohu8.com/highlight/detail?id=1191198317","media":"seekingalpha","summary":"Amazon has been pummeled during the bear market, declining by nearly 50%.At about 1.6 times forward ","content":"<html><head></head><body><ul><li>Amazon has been pummeled during the bear market, declining by nearly 50%.</li><li>At about 1.6 times forward sales and 40 times forward EPS estimates, Amazon is finally cheap again.</li><li>Amazon may be more &#34;recession proof&#34; than many think, and its growth story is far from over.</li><li>I recently reentered Amazon and may increase my position as we advance.</li><li>Looking for a helping hand in the market? Members of The Financial Prophet get exclusive ideas and guidance to navigate any climate.Learn More »</li></ul><p><img src=\"https://static.tigerbbs.com/10fd9cc614fff9d9cdaa56782d9436e8\" tg-width=\"750\" tg-height=\"503\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>It&#39;s been a difficult year for Amazon (NASDAQ:AMZN), and the stock&#39;s price action illustrates the challenging environment, down by nearly 40% YTD. Growth concerns, recession fears, disappointing earnings, and other elements have worsened sentiment surrounding Amazon, causing many investors to fleethe stock. However, despite the recent difficulties, growth slowdown, and the &#34;coronavirus hangover effect,&#34; Amazon remains the dominant market-leading e-commerce stock to own moving forward. Threats of increased competition are exaggerated, and the company should perform well during a downturn. Additionally, the company&#39;s growth story is far from over, and we should see Amazon becoming increasingly profitable. The company&#39;s stock is inexpensive, and shares should benefit from the recent split. Amazon is a buy now, and the company&#39;s stock should move considerably higher in the coming years.</p><h2>The Coronavirus Hangover Effect</h2><p>Amazon is the ultimate name in e-commerce. Last year, the company accounted for approximately57% of all e-commercesales in the U.S. Also, Amazon saw a remarkable surge in revenues during the coronavirus crisis. The company&#39;s revenues skyrocketed by67.5% in two years, from 2019 to 2021. This surge in sales was partly because many consumers shopped from home instead of brick and mortar establishments during the pandemic. However, now that the coronavirus dynamic is much less restrictive, many shoppers are returning to their offline shopping habits.</p><p>This year&#39;s consensus revenue estimates are for$525 billion, implying that Amazon&#39;s sales growth will be around 12% YoY. While this figure may appear &#34;slow&#34; relative to prior years, we should consider the hangover effect associated with the coronavirus. Amazon cannot increase revenues by 30% or more annually, especially when millions of shoppers are increasing their visits to malls and other brick-and-mortar establishments. Nevertheless, Amazon is still about to increase revenues by approximately<i>$55 billion</i>YoY. The company&#39;s sales growth is a phenomenal achievement, considering the environment. Moreover, Amazon&#39;s revenues should come in at about 88% above 2019 levels, yet its stock now trades only around Amazon&#39;s 2018 and 2019 highs.</p><h2>AMZN Stock - A Technical Image<img src=\"https://static.tigerbbs.com/610b6b53c4c559dc08301021e02ed66b\" tg-width=\"640\" tg-height=\"676\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></h2><p></p><p>Amazon was down by about 47% from its highs last year. We also see that the stock is down to around $100. Remarkably, AMZN is back down to levels we saw in 2019 and as far back as 2018. However, in 2019 Amazon&#39;sEPS came in at $0.93, and next year&#39;s EPS estimates are for approximately $2.50. Moreover, 2019 revenues were $280 billion, and next year&#39;s revenues should come in at around$610 billion(consensus estimates). Therefore, we&#39;re looking at a stock that was trading at approximately 100 times forward EPS estimates and 3.6 times forward sales around the highs in 2018 and is only trading at about 40 times forward EPS estimates and 1.64 times forward sales now. Yes, Amazon is finally cheap, the downside is probably limited here, and there&#39;s potential for much more upside in the coming years.</p><h2>Amazon Is Becoming Increasingly Profitable</h2><p>First, I would like to point out that Amazon&#39;s growth story is far from over. Amazon is the dominant e-commerce giant in America and has significant operations in several key international markets. The companyhas dedicated operationsin the U.S., U.K., Canada, Mexico, India, France, Germany, Italy, Spain, China, Japan, and Australia. Also, those saying that Walmart (WMT) or someone else will take market share from Amazon or beat the company at its own game may be mistaken.</p><p><b>Amazon vs. Walmart</b></p><p><img src=\"https://static.tigerbbs.com/3a3dc790326bfcef67b1339f61225596\" tg-width=\"640\" tg-height=\"383\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>AMZN vs. WMT (Pymnts.com)</p><p>We see that Amazon dominates e-commerce sales in the U.S. and may achieve similar success in other countries. While Walmart has had some success in recent years, its market share is limited relative to Amazon&#39;s advantage.</p><p><b>Revenue Estimates</b></p><p><img src=\"https://static.tigerbbs.com/e558df667cfed962703f89808c5623b1\" tg-width=\"640\" tg-height=\"389\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Revenue estimates (SeekingAlpha.com)</p><p>We discussed that Amazon would likely deliver around$520 billion in revenuesthis year, roughly a 12% YoY increase. However, next year&#39;s consensus estimates are for $610 billion, approximately a 17% YoY increase. Therefore, the company&#39;s growth will probably increase once the coronavirus hangover effect wears off. Moreover, 2024 consensus revenue estimates are for about $717 billion, roughly a 17.5% YoY increase from 2023&#39;s consensus figures.</p><p><b>EPS Probabilities</b></p><p><img src=\"https://static.tigerbbs.com/6f7837602e50fa5b461556a880a5a618\" tg-width=\"640\" tg-height=\"386\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Amazon should deliver about $2.50 in EPS in 2023, but consensus analysts forecast approximately $5 in 2024. Therefore, we could see Amazon become increasingly profitable in the coming years, and the company&#39;s stock is trading at only about 20 times 2024 EPS estimates now. This valuation is remarkably cheap for a leading growth company like Amazon.</p><h2>Is Amazon Recession Proof?</h2><p>I know there&#39;s much talk about a recession lately, which is one reason why Amazon&#39;s stock is down by so much from last year&#39;s highs. However, even if the economy falls into a mild recession, people still need to shop, and there&#39;s no better place to do it than Amazon. Moreover, with surging gas prices, more people may shop online to save money and time. Therefore, even in a slowdown, Amazon should weather the storm relatively well, and we should not see significant revenue or EPS declines from the e-commerce giant. Additionally, once the economy is ready to come out of the downturn, Amazon may be one of the top stocks to benefit from the increases in consumer spending, sentiment, and confidence. Therefore, I want to own this stock. I recently reentered Amazon and may increase my position as we advance.</p><p><b>Here&#39;s what Amazon&#39;s financials could look like as we advance:</b></p><table><tbody><tr><td><b>Year</b></td><td><b>2022</b></td><td><b>2023</b></td><td><b>2024</b></td><td><b>2025</b></td><td><b>2026</b></td><td><b>2027</b></td></tr><tr><td>Revenue Bs</td><td>$520</td><td>$610</td><td>$717</td><td>$839</td><td>$973</td><td>$1,120</td></tr><tr><td>Revenue growth</td><td>17%</td><td>17.5%</td><td>17%</td><td>16%</td><td>15%</td><td>14%</td></tr><tr><td>EPS</td><td>$0.76</td><td>$2.50</td><td>$5</td><td>$6.50</td><td>$8</td><td>$10</td></tr><tr><td>Forward P/E ratio</td><td>40</td><td>40</td><td>40</td><td>40</td><td>40</td><td>40</td></tr><tr><td>Price</td><td>$100</td><td>$200</td><td>$260</td><td>$320</td><td>$400</td><td>$500</td></tr></tbody></table><h2>Risks To Amazon</h2><p>While I&#39;m bullish on Amazon in the intermediate and long term, risks exist. There&#39;s some risk of increased competition, where other companies could take more market share from the e-commerce giant. There is also the risk of growth being slower than other analysts and I anticipate. The recession is likely approaching, and there is the risk of more downside pressure on the stock. Also, Amazon may not become as profitable as estimated, and it may take the company longer to achieve significant ($10 or higher) EPS. Therefore, there&#39;s a risk of Amazon&#39;s stock not reaching my price targets as quickly as estimated. Investors should weigh these and other risks carefully before investing in Amazon.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Is Finally Cheap Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Is Finally Cheap Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-19 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4519022-amazon-is-finally-cheap-again><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon has been pummeled during the bear market, declining by nearly 50%.At about 1.6 times forward sales and 40 times forward EPS estimates, Amazon is finally cheap again.Amazon may be more \"...</p>\n\n<a href=\"https://seekingalpha.com/article/4519022-amazon-is-finally-cheap-again\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4519022-amazon-is-finally-cheap-again","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1191198317","content_text":"Amazon has been pummeled during the bear market, declining by nearly 50%.At about 1.6 times forward sales and 40 times forward EPS estimates, Amazon is finally cheap again.Amazon may be more \"recession proof\" than many think, and its growth story is far from over.I recently reentered Amazon and may increase my position as we advance.Looking for a helping hand in the market? Members of The Financial Prophet get exclusive ideas and guidance to navigate any climate.Learn More »It's been a difficult year for Amazon (NASDAQ:AMZN), and the stock's price action illustrates the challenging environment, down by nearly 40% YTD. Growth concerns, recession fears, disappointing earnings, and other elements have worsened sentiment surrounding Amazon, causing many investors to fleethe stock. However, despite the recent difficulties, growth slowdown, and the \"coronavirus hangover effect,\" Amazon remains the dominant market-leading e-commerce stock to own moving forward. Threats of increased competition are exaggerated, and the company should perform well during a downturn. Additionally, the company's growth story is far from over, and we should see Amazon becoming increasingly profitable. The company's stock is inexpensive, and shares should benefit from the recent split. Amazon is a buy now, and the company's stock should move considerably higher in the coming years.The Coronavirus Hangover EffectAmazon is the ultimate name in e-commerce. Last year, the company accounted for approximately57% of all e-commercesales in the U.S. Also, Amazon saw a remarkable surge in revenues during the coronavirus crisis. The company's revenues skyrocketed by67.5% in two years, from 2019 to 2021. This surge in sales was partly because many consumers shopped from home instead of brick and mortar establishments during the pandemic. However, now that the coronavirus dynamic is much less restrictive, many shoppers are returning to their offline shopping habits.This year's consensus revenue estimates are for$525 billion, implying that Amazon's sales growth will be around 12% YoY. While this figure may appear \"slow\" relative to prior years, we should consider the hangover effect associated with the coronavirus. Amazon cannot increase revenues by 30% or more annually, especially when millions of shoppers are increasing their visits to malls and other brick-and-mortar establishments. Nevertheless, Amazon is still about to increase revenues by approximately$55 billionYoY. The company's sales growth is a phenomenal achievement, considering the environment. Moreover, Amazon's revenues should come in at about 88% above 2019 levels, yet its stock now trades only around Amazon's 2018 and 2019 highs.AMZN Stock - A Technical ImageAmazon was down by about 47% from its highs last year. We also see that the stock is down to around $100. Remarkably, AMZN is back down to levels we saw in 2019 and as far back as 2018. However, in 2019 Amazon'sEPS came in at $0.93, and next year's EPS estimates are for approximately $2.50. Moreover, 2019 revenues were $280 billion, and next year's revenues should come in at around$610 billion(consensus estimates). Therefore, we're looking at a stock that was trading at approximately 100 times forward EPS estimates and 3.6 times forward sales around the highs in 2018 and is only trading at about 40 times forward EPS estimates and 1.64 times forward sales now. Yes, Amazon is finally cheap, the downside is probably limited here, and there's potential for much more upside in the coming years.Amazon Is Becoming Increasingly ProfitableFirst, I would like to point out that Amazon's growth story is far from over. Amazon is the dominant e-commerce giant in America and has significant operations in several key international markets. The companyhas dedicated operationsin the U.S., U.K., Canada, Mexico, India, France, Germany, Italy, Spain, China, Japan, and Australia. Also, those saying that Walmart (WMT) or someone else will take market share from Amazon or beat the company at its own game may be mistaken.Amazon vs. WalmartAMZN vs. WMT (Pymnts.com)We see that Amazon dominates e-commerce sales in the U.S. and may achieve similar success in other countries. While Walmart has had some success in recent years, its market share is limited relative to Amazon's advantage.Revenue EstimatesRevenue estimates (SeekingAlpha.com)We discussed that Amazon would likely deliver around$520 billion in revenuesthis year, roughly a 12% YoY increase. However, next year's consensus estimates are for $610 billion, approximately a 17% YoY increase. Therefore, the company's growth will probably increase once the coronavirus hangover effect wears off. Moreover, 2024 consensus revenue estimates are for about $717 billion, roughly a 17.5% YoY increase from 2023's consensus figures.EPS ProbabilitiesAmazon should deliver about $2.50 in EPS in 2023, but consensus analysts forecast approximately $5 in 2024. Therefore, we could see Amazon become increasingly profitable in the coming years, and the company's stock is trading at only about 20 times 2024 EPS estimates now. This valuation is remarkably cheap for a leading growth company like Amazon.Is Amazon Recession Proof?I know there's much talk about a recession lately, which is one reason why Amazon's stock is down by so much from last year's highs. However, even if the economy falls into a mild recession, people still need to shop, and there's no better place to do it than Amazon. Moreover, with surging gas prices, more people may shop online to save money and time. Therefore, even in a slowdown, Amazon should weather the storm relatively well, and we should not see significant revenue or EPS declines from the e-commerce giant. Additionally, once the economy is ready to come out of the downturn, Amazon may be one of the top stocks to benefit from the increases in consumer spending, sentiment, and confidence. Therefore, I want to own this stock. I recently reentered Amazon and may increase my position as we advance.Here's what Amazon's financials could look like as we advance:Year202220232024202520262027Revenue Bs$520$610$717$839$973$1,120Revenue growth17%17.5%17%16%15%14%EPS$0.76$2.50$5$6.50$8$10Forward P/E ratio404040404040Price$100$200$260$320$400$500Risks To AmazonWhile I'm bullish on Amazon in the intermediate and long term, risks exist. There's some risk of increased competition, where other companies could take more market share from the e-commerce giant. There is also the risk of growth being slower than other analysts and I anticipate. The recession is likely approaching, and there is the risk of more downside pressure on the stock. Also, Amazon may not become as profitable as estimated, and it may take the company longer to achieve significant ($10 or higher) EPS. Therefore, there's a risk of Amazon's stock not reaching my price targets as quickly as estimated. Investors should weigh these and other risks carefully before investing in Amazon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945563264,"gmtCreate":1681518996858,"gmtModify":1681519000704,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Elon again !!&nbsp;... &nbsp;messing things up for his own personal&nbsp;gain .. I think","listText":"Elon again !!&nbsp;... &nbsp;messing things up for his own personal&nbsp;gain .. I think","text":"Elon again !! ... messing things up for his own personal gain .. I think","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9945563264","repostId":"2327177777","repostType":2,"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4140491683703392","authorId":"4140491683703392","name":"Smith21683","avatar":"https://community-static.tradeup.com/news/1470ffb3d7c8d1022f68f850a8edc3a0","crmLevel":1,"crmLevelSwitch":0,"idStr":"4140491683703392","authorIdStr":"4140491683703392"},"content":"Feel as long as it is a good thing, he likes to insert a foot","text":"Feel as long as it is a good thing, he likes to insert a foot","html":"Feel as long as it is a good thing, he likes to insert a foot"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961857015,"gmtCreate":1668916086237,"gmtModify":1676538128084,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"I would agree and let time be the judge.","listText":"I would agree and let time be the judge.","text":"I would agree and let time be the judge.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961857015","repostId":"2284364620","repostType":2,"isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":267844413861960,"gmtCreate":1706422756057,"gmtModify":1706423763123,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/03878\">$VICON HOLDINGS(03878)$ </a> stock showing some sign of&nbsp; possible up&nbsp;swing. That is the latest about this company this time? Anyone care to share/comments","listText":"<a href=\"https://ttm.financial/S/03878\">$VICON HOLDINGS(03878)$ </a> stock showing some sign of&nbsp; possible up&nbsp;swing. That is the latest about this company this time? Anyone care to share/comments","text":"$VICON HOLDINGS(03878)$ stock showing some sign of possible up swing. That is the latest about this company this time? Anyone care to share/comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":1,"link":"https://ttm.financial/post/267844413861960","isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9985374394,"gmtCreate":1667337771319,"gmtModify":1676537898582,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"75 bps this time round","listText":"75 bps this time round","text":"75 bps this time round","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9985374394","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3479274819816427","authorId":"3479274819816427","name":"snugglo","avatar":"https://static.tigerbbs.com/78bec073397d54a68f80879dd87fd45c","crmLevel":1,"crmLevelSwitch":0,"idStr":"3479274819816427","authorIdStr":"3479274819816427"},"content":"The impact of interest rate increase is now small, mainly to see whether next year will continue to raise.","text":"The impact of interest rate increase is now small, mainly to see whether next year will continue to raise.","html":"The impact of interest rate increase is now small, mainly to see whether next year will continue to raise."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9944775034,"gmtCreate":1682302371728,"gmtModify":1682302374709,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"This may spell the end of &nbsp;'Elon bull' and down hill for Tesla stock. Be Watching&nbsp;from the side line with a smile.&nbsp;","listText":"This may spell the end of &nbsp;'Elon bull' and down hill for Tesla stock. Be Watching&nbsp;from the side line with a smile.&nbsp;","text":"This may spell the end of 'Elon bull' and down hill for Tesla stock. Be Watching from the side line with a smile.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9944775034","repostId":"2329872839","repostType":2,"repost":{"id":"2329872839","kind":"highlight","pubTimestamp":1682293249,"share":"https://ttm.financial/m/news/2329872839?lang=&edition=fundamental","pubTime":"2023-04-24 07:40","market":"us","language":"en","title":"Tesla’s Stock Is Plummeting. Here’s Why One Analyst Thinks It’s \"One of the Most Overvalued\" on the Market and Could Drop Another 80%","url":"https://stock-news.laohu8.com/highlight/detail?id=2329872839","media":"Fortune","summary":"Elon Musk, CEO of Tesla (center), during the MMA Global Possible conference in Miami, April 18, 2023","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47c0775168a328e69b89ca8b0cdd2e74\" alt=\"Elon Musk, CEO of Tesla (center), during the MMA Global Possible conference in Miami, April 18, 2023.\" title=\"Elon Musk, CEO of Tesla (center), during the MMA Global Possible conference in Miami, April 18, 2023.\" tg-width=\"1440\" tg-height=\"960\"/><span>Elon Musk, CEO of Tesla (center), during the MMA Global Possible conference in Miami, April 18, 2023.</span></p><p>Tesla stock cratered nearly 10% on last Thursday as investors assessed the impact of the electric vehicle giant’s aggressive price cuts and what CEO Elon Musk calls an “uncertain” economic environment.</p><p>Tesla has slashed the prices of some of its most popular models six times this year alone in an attempt to spur demand amid rising competition in the EV market, but analysts have cautioned that the tactic sacrifices margins. Investors got the first taste of what that might look like on Wednesday after the bell when Musk and company reported first-quarter earnings.</p><p>While Tesla’s revenue jumped 24% from a year ago in the first quarter to $23.3 billion, net income went in the other direction, sinking 24% to $2.51 billion. Price cuts also pushed the company’s gross margins down from 23.8% last quarter to 19.3%, well below Wall Street’s consensus estimate of 21.1%.</p><p>On top of that, Musk said in the follow-up earnings call that “stormy weather” lies ahead for the economy, which could cause consumers to postpone “big new capital purchases like a new car.” He also noted that the Federal Reserve’s rapid interest rate hikes have had a serious impact on affordability over the past year: “Every time that the Fed raises interest rates, that’s the equivalent to an increase in the price of a car.”</p><p>Musk’s comments and Tesla’s latest earnings disappointment have pushed the once-beloved stock even deeper into what David Trainer calls the “danger zone.”</p><p>“After first-quarter earnings and another missed growth goal, we continue to see Tesla as one of the most overvalued stocks in the market,” the CEO of investment research firm New Constructs warned in a Thursday note. </p><p>Trainer believes investors are pricing in sales growth and automotive margins that aren’t realistic, and with competition heating up, Tesla shares present a “major downside risk.” And he’s serious when he says “downside,” arguing the stock could drop as much as 80% to just $28 even under “optimistic” circumstances.</p><h2>Fading growth, rising competition</h2><p>For years, the booming EV market has enabled Tesla to rapidly increase its vehicle deliveries, and many analysts have argued that the trend will continue. But Trainer notes that Musk’s EV giant hasn’t been able to live up to its own lofty 50% year-over-year delivery growth goal. </p><p>In the first quarter, Tesla managed to deliver 440,808 vehicles, representing a 42% year-over-year delivery increase—even amid aggressive price cuts. The missed delivery targets are largely due to the rise of Musk’s EV competition, according to Trainer.</p><p>From Volkswagen unveiling a flagship four-door ID.7 Monday and a mass-market, affordable EV last month to Toyota’s promise to launch 10 new EV models by 2026, Tesla rivals are striving to take market share from Tesla.</p><p>“Competition isn’t going away, as legacy automakers have ample resources and cash flow to invest in the EV market for years to come,” Trainer wrote Thursday. “Tesla faces an increasingly uphill battle to secure its competitive position, which makes its current valuation look even more unrealistic.”</p><h2>A lofty valuation</h2><p>While Tesla has been hurt by rising EV competition, Trainer believes the main issue may be just how overvalued the stock is for investors. The EV giant trades at more than 45 times its trailing 12-month earnings, compared with the S&amp;P 500 average of just 22. </p><p>But price/earnings ratios are often criticized by analysts because they fail to take into account a firm’s future growth prospects. With this in mind, Trainer put forward another method to value Tesla that works backwards from a company’s share price to determine how much cash flow they’d need to generate to justify their current valuation, called a reverse discounted cash flow (DCF) model.</p><p>He found that for Tesla to be valued at $200 per share, it would have to sell as many as 30 million EVs by 2031. For reference, there were only 10.6 million EVs sold globally all of last year, according to the World Economic Forum. Trainer and his research team broke down multiple “inarguably best-case scenarios” for Tesla in their latest report, including one where the company becomes the largest automaker on the planet within a decade, and found that the stock is still “significantly overvalued.”</p><h2>But there’s always another side to the story…</h2><p>While even the most bullish of Tesla analysts now admit that the company is facing an “EV price war,” many still believe the stock can outperform. Tesla currently boasts 21 “buy” ratings, 16 “hold” ratings, and just five “sell” ratings on the Street, according to data from the<em> Wall Street Journal</em>. </p><p>In a Thursday note, Wedbush tech analyst Dan Ives cut his price target for Tesla from $225 to $215, but said he remains “very bullish” on the firm’s long-term story. He argued that Tesla posted “mixed results” in its latest earnings report, but admitted that the “elephant in the room” is “softer margins.” Still, the analyst believes Musk’s strategy to sacrifice margins in order to secure long-term demand gains will pay off in the long run.</p><p>Gene Munster, another bullish veteran analyst who now serves as a managing partner at Deepwater Asset Management, pointed to the potential for growth in Tesla’s full self-driving “robotaxi” business, and noted that Musk said the Cybertruck “may begin deliveries” in the third quarter.</p><p>“In the end, I believe the company will strike a balance between margins and growth,” he wrote in a Wednesday note, arguing the company offers long-term upside. </p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla’s Stock Is Plummeting. Here’s Why One Analyst Thinks It’s \"One of the Most Overvalued\" on the Market and Could Drop Another 80%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla’s Stock Is Plummeting. Here’s Why One Analyst Thinks It’s \"One of the Most Overvalued\" on the Market and Could Drop Another 80%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-24 07:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/tesla-stock-plummeting-why-one-193727177.html><strong>Fortune</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk, CEO of Tesla (center), during the MMA Global Possible conference in Miami, April 18, 2023.Tesla stock cratered nearly 10% on last Thursday as investors assessed the impact of the electric ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-stock-plummeting-why-one-193727177.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0719512351.SGD":"JPMorgan Funds - US Technology A (acc) SGD","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0056508442.USD":"贝莱德世界科技基金A2","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4585":"ETF&股票定投概念","BK4534":"瑞士信贷持仓","LU0820561909.HKD":"ALLIANZ INCOME AND GROWTH \"AM\" (HKD) INC","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4555":"新能源车","BK4533":"AQR资本管理(全球第二大对冲基金)","LU2063271972.USD":"富兰克林创新领域基金","LU0823414478.USD":"法巴经典能源转换基金","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0097036916.USD":"贝莱德美国增长A2 USD","TSLA":"特斯拉","LU2087621335.USD":"ALLSPRING GLOBAL FACTOR ENHANCED EQUITY \"A\" (USD) ACC","BK4527":"明星科技股","LU0689472784.USD":"安联收益及增长基金Cl AM AT Acc","LU2326559502.SGD":"Natixis Loomis Sayles US Growth Equity P/A SGD-H","BK4550":"红杉资本持仓","BK4588":"碎股","LU1720051017.SGD":"Allianz Global Artificial Intelligence AT Acc H2-SGD","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","LU1548497426.USD":"安联环球人工智能AT Acc","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4574":"无人驾驶","LU0820561818.USD":"安联收益及增长平衡基金Cl AM DIS","LU1551013425.SGD":"Allianz Income and Growth Cl AMg2 DIS H2-SGD","BK4581":"高盛持仓","LU1551013342.USD":"Allianz Income and Growth Cl AMg2 DIS USD","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4511":"特斯拉概念","BK4099":"汽车制造商","LU0943347566.SGD":"安联收益及增长平衡基金AM H2-SGD","LU0234570918.USD":"高盛全球核心股票组合Acc Close","BK4548":"巴美列捷福持仓","LU2357305700.SGD":"Allianz Global Artificial Intelligence ET H2-SGD","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","LU1429558221.USD":"Natixis Loomis Sayles US Growth Equity RA USD","LU1839511570.USD":"WELLS FARGO GLOBAL FACTOR ENHANCED EQUITY \"I\" (USD) ACC","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","LU1435385759.SGD":"Natixis Loomis Sayles US Growth Equity RA SGD-H","LU0823411888.USD":"法巴消费创新基金 Cap","LU0082616367.USD":"摩根大通美国科技A（dist）"},"source_url":"https://finance.yahoo.com/news/tesla-stock-plummeting-why-one-193727177.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2329872839","content_text":"Elon Musk, CEO of Tesla (center), during the MMA Global Possible conference in Miami, April 18, 2023.Tesla stock cratered nearly 10% on last Thursday as investors assessed the impact of the electric vehicle giant’s aggressive price cuts and what CEO Elon Musk calls an “uncertain” economic environment.Tesla has slashed the prices of some of its most popular models six times this year alone in an attempt to spur demand amid rising competition in the EV market, but analysts have cautioned that the tactic sacrifices margins. Investors got the first taste of what that might look like on Wednesday after the bell when Musk and company reported first-quarter earnings.While Tesla’s revenue jumped 24% from a year ago in the first quarter to $23.3 billion, net income went in the other direction, sinking 24% to $2.51 billion. Price cuts also pushed the company’s gross margins down from 23.8% last quarter to 19.3%, well below Wall Street’s consensus estimate of 21.1%.On top of that, Musk said in the follow-up earnings call that “stormy weather” lies ahead for the economy, which could cause consumers to postpone “big new capital purchases like a new car.” He also noted that the Federal Reserve’s rapid interest rate hikes have had a serious impact on affordability over the past year: “Every time that the Fed raises interest rates, that’s the equivalent to an increase in the price of a car.”Musk’s comments and Tesla’s latest earnings disappointment have pushed the once-beloved stock even deeper into what David Trainer calls the “danger zone.”“After first-quarter earnings and another missed growth goal, we continue to see Tesla as one of the most overvalued stocks in the market,” the CEO of investment research firm New Constructs warned in a Thursday note. Trainer believes investors are pricing in sales growth and automotive margins that aren’t realistic, and with competition heating up, Tesla shares present a “major downside risk.” And he’s serious when he says “downside,” arguing the stock could drop as much as 80% to just $28 even under “optimistic” circumstances.Fading growth, rising competitionFor years, the booming EV market has enabled Tesla to rapidly increase its vehicle deliveries, and many analysts have argued that the trend will continue. But Trainer notes that Musk’s EV giant hasn’t been able to live up to its own lofty 50% year-over-year delivery growth goal. In the first quarter, Tesla managed to deliver 440,808 vehicles, representing a 42% year-over-year delivery increase—even amid aggressive price cuts. The missed delivery targets are largely due to the rise of Musk’s EV competition, according to Trainer.From Volkswagen unveiling a flagship four-door ID.7 Monday and a mass-market, affordable EV last month to Toyota’s promise to launch 10 new EV models by 2026, Tesla rivals are striving to take market share from Tesla.“Competition isn’t going away, as legacy automakers have ample resources and cash flow to invest in the EV market for years to come,” Trainer wrote Thursday. “Tesla faces an increasingly uphill battle to secure its competitive position, which makes its current valuation look even more unrealistic.”A lofty valuationWhile Tesla has been hurt by rising EV competition, Trainer believes the main issue may be just how overvalued the stock is for investors. The EV giant trades at more than 45 times its trailing 12-month earnings, compared with the S&P 500 average of just 22. But price/earnings ratios are often criticized by analysts because they fail to take into account a firm’s future growth prospects. With this in mind, Trainer put forward another method to value Tesla that works backwards from a company’s share price to determine how much cash flow they’d need to generate to justify their current valuation, called a reverse discounted cash flow (DCF) model.He found that for Tesla to be valued at $200 per share, it would have to sell as many as 30 million EVs by 2031. For reference, there were only 10.6 million EVs sold globally all of last year, according to the World Economic Forum. Trainer and his research team broke down multiple “inarguably best-case scenarios” for Tesla in their latest report, including one where the company becomes the largest automaker on the planet within a decade, and found that the stock is still “significantly overvalued.”But there’s always another side to the story…While even the most bullish of Tesla analysts now admit that the company is facing an “EV price war,” many still believe the stock can outperform. Tesla currently boasts 21 “buy” ratings, 16 “hold” ratings, and just five “sell” ratings on the Street, according to data from the Wall Street Journal. In a Thursday note, Wedbush tech analyst Dan Ives cut his price target for Tesla from $225 to $215, but said he remains “very bullish” on the firm’s long-term story. He argued that Tesla posted “mixed results” in its latest earnings report, but admitted that the “elephant in the room” is “softer margins.” Still, the analyst believes Musk’s strategy to sacrifice margins in order to secure long-term demand gains will pay off in the long run.Gene Munster, another bullish veteran analyst who now serves as a managing partner at Deepwater Asset Management, pointed to the potential for growth in Tesla’s full self-driving “robotaxi” business, and noted that Musk said the Cybertruck “may begin deliveries” in the third quarter.“In the end, I believe the company will strike a balance between margins and growth,” he wrote in a Wednesday note, arguing the company offers long-term upside.","news_type":1},"isVote":1,"tweetType":1,"viewCount":701,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9900100102,"gmtCreate":1658651015706,"gmtModify":1676536187766,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"AMZN is a good long term BUY. Don't let anyone tell you otherwise.","listText":"AMZN is a good long term BUY. Don't let anyone tell you otherwise.","text":"AMZN is a good long term BUY. Don't let anyone tell you otherwise.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9900100102","repostId":"2253060728","repostType":4,"repost":{"id":"2253060728","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1658631601,"share":"https://ttm.financial/m/news/2253060728?lang=&edition=fundamental","pubTime":"2022-07-24 11:00","market":"us","language":"en","title":"Amazon Is Ready To Rise Again","url":"https://stock-news.laohu8.com/highlight/detail?id=2253060728","media":"Dow Jones","summary":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For invest","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</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>Amazon Is Ready To Rise Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Is Ready To Rise Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-24 11:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon</a>&#39;s recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it&#39;s time to refocus. Amazon shares have never looked more attractive than they do right now.</p><p>Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon&#39;s worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon&#39;s streak may be coming to an end.</p><p>When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That&#39;s a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.</p><p>The company&#39;s longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon&#39;s profits, with the cost of deliveries and returns on the rise.</p><p>Amazon&#39;s profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.</p><p>And yet none of that should matter. Investors&#39; preoccupation with Amazon&#39;s retail operations overlooks the company&#39;s transformation. This year, the Amazon Web Services cloud business will be about 15% of the company&#39;s total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.</p><p>Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That&#39;s nearly four times the size of Twitter (TWTR) and Snap <a href=\"https://laohu8.com/S/SNAP\">$(SNAP)$</a> combined. And it&#39;s a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast <a href=\"https://laohu8.com/S/CMCSA\">$(CMCSA)$</a>, Fox <a href=\"https://laohu8.com/S/FOXA\">$(FOXA)$</a>, <a href=\"https://laohu8.com/S/PARA\">Paramount Global</a> (PARA), and Walt Disney <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> . There&#39;s also a growing logistics operation that increasingly rivals FedEx <a href=\"https://laohu8.com/S/FDX.AU\">$(FDX.AU)$</a> and United Parcel Service <a href=\"https://laohu8.com/S/UPS\">$(UPS)$</a>.</p><p>The challenge for investors is that the sprawling operation has made Amazon difficult to value. It&#39;s worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn&#39;t be brighter.</p><p>Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he&#39;s convinced that in the long run, &#34;no one is going to compete with Amazon&#34; in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company&#39;s current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.</p><p>Says Munster: &#34;It&#39;s hard not to like Amazon at this valuation.&#34;</p><p>To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth&#39;s best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon&#39;s dominant market position was clear evidence that U.S. antitrust laws weren&#39;t effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.</p><p>For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.</p><p>There&#39;s also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.</p><p>But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won&#39;t be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon&#39;s slice of the pie remains vast, at about 40%. There&#39;s still room for additional market share gains, too.</p><p>The company&#39;s advertising business, meanwhile, is on the rise. Given Apple&#39;s <a href=\"https://laohu8.com/S/AAPL\">$(AAPL)$</a> tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond <a href=\"https://laohu8.com/S/META\">Meta Platforms</a>&#39; <a href=\"https://laohu8.com/S/META.UK\">$(META.UK)$</a> Facebook, Alphabet&#39;s <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon&#39;s case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon&#39;s ad market is a gold mine.</p><p>And then there&#39;s Amazon Web Services, the company&#39;s mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon&#39;s operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon&#39;s operating income.</p><p>With revenue close to $82 billion, AWS is one of the world&#39;s largest software and services companies -- bigger than Oracle <a href=\"https://laohu8.com/S/ORCL\">$(ORCL)$</a>, IBM <a href=\"https://laohu8.com/S/IBM\">$(IBM)$</a>, or SAP <a href=\"https://laohu8.com/S/SAP\">$(SAP)$</a>, and more than twice the size of Salesforce <a href=\"https://laohu8.com/S/CRM.AU\">$(CRM.AU)$</a>, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It&#39;s no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)</p><p>One of Wall Street&#39;s favorite strategies for assessing corporate value is a &#34;sum of the parts&#34; approach: Make a list of what the company owns, put a value on each part, then add it all up.</p><p>For some of Amazon&#39;s businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a> Azure and Google Cloud -- are likewise buried inside large businesses. Amazon&#39;s ad business is valuable, but it&#39;s linked to the core e-commerce business and therefore defies an easy value.</p><p>Then there&#39;s Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company&#39;s financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.</p><p>In reporting this story, Barron&#39;s found at least four different attempts by Wall Street analysts to suss out the company&#39;s true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon&#39;s parts add up to a lot more than its current market value.</p><p>Let&#39;s start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon&#39;s value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon&#39;s current market value. That doesn&#39;t include e-commerce, which Martin&#39;s calculations currently ignore.</p><p>Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon&#39;s &#34;third-party retail&#34; services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for &#34;first party&#34; retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company&#39;s subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.</p><p>J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> trades at about one times GMV, while Amazon&#39;s retail business has &#34;meaningfully higher&#34; growth, meriting a higher multiple. For Anmuth, that&#39;s a total Amazon value of $2 trillion.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2253060728","content_text":"Amazon's recent struggles in e-commerce are masking its continued dominance in the cloud. For investors, it's time to refocus. Amazon shares have never looked more attractive than they do right now.Amazon.com has reported earnings about 100 times since it went public in 1997. Every one of those quarterly reports has shown a growing company, despite plenty of ups and downs in the economy -- and the internet. Amazon's worst quarter came in September 2001, when the internet bubble was blowing apart. Even then, revenue grew slightly from a year earlier. Now, though, Amazon's streak may be coming to an end.When Amazon (AMZN) reports second-quarter earnings on July 28, Wall Street analysts expect revenue growth of just 5%. That's a tepid number by Amazon standards, and if things are just slightly worse than expected, revenue could actually decline. It would be a telling moment, with Amazon facing its greatest set of challenges since founder Jeff Bezos began selling books out of his house almost 30 years ago.The company's longtime advantage in e-commerce has arguably become a weakness, with physical stores enjoying a post-Covid renaissance. Elevated fuel costs, meanwhile, are crimping Amazon's profits, with the cost of deliveries and returns on the rise.Amazon's profit margins have never been rich, but analysts forecast a razor-thin 1.8% operating margin in the second quarter. After years of giving Amazon a pass on profits, investors have grown impatient. Since peaking last July, the stock is down 33% to a recent $125, shedding more than $600 billion in market value. Seen through the e-commerce lens, Amazon is one more struggling tech company.And yet none of that should matter. Investors' preoccupation with Amazon's retail operations overlooks the company's transformation. This year, the Amazon Web Services cloud business will be about 15% of the company's total revenue but more than 100% of its profits. Before, during, and after pandemic lockdowns, AWS revenue grew at a 30%-plus quarterly clip. In the long term, those trends should continue.Meanwhile, Amazon has an advertising business that has annualized revenue of close to $40 billion. That's nearly four times the size of Twitter (TWTR) and Snap $(SNAP)$ combined. And it's a media company that now controls the rights to a weekly National Football League game, a package that was once exclusive to broadcast giants Comcast $(CMCSA)$, Fox $(FOXA)$, Paramount Global (PARA), and Walt Disney $(DIS)$ . There's also a growing logistics operation that increasingly rivals FedEx $(FDX.AU)$ and United Parcel Service $(UPS)$.The challenge for investors is that the sprawling operation has made Amazon difficult to value. It's worth the effort -- Amazon shares have rarely been more attractive. The stock could double, or triple, over the next few years. Yes, the latest quarter will be bad. But the future couldn't be brighter.Gene Munster, a portfolio manager at Loup Ventures, says his firm has been adding to its Amazon position. While Munster concedes that investors are concerned about e-commerce profitability in the short run, he's convinced that in the long run, \"no one is going to compete with Amazon\" in online shopping. Munster figures that AWS and the ad business together will generate $45 billion in operating income this year. Value that at 25 times earnings, says Munster, and you get $1.1 trillion, which is just about the company's current total market value. That means investors are currently getting everything else free: online stores, Prime, logistics, Whole Foods Market, and a host of other businesses that Amazon has acquired over the years.Says Munster: \"It's hard not to like Amazon at this valuation.\"To be sure, Amazon continues to face bad publicity. The company is pushing back against unions trying to organize Amazon workers, a difficult balance for a company that claims to be Earth's best employer. The company is also dealing with a newly empowered Federal Trade Commission led by Chair Lina Khan, who once wrote in the Yale Law Review that Amazon's dominant market position was clear evidence that U.S. antitrust laws weren't effectively regulating the U.S. internet sector. Amazon is sure to face intense government scrutiny for future acquisitions. And it could be forced to make concessions to the government.For now, though, Amazon is still finding ways to grow through deals. Just this past week, the company agreed to buy One Medical, an owner of membership-based healthcare clinics, for $3.9 billion.There's also a chance the slowing economy could weigh on AWS sales for the next few quarters. For this year, Wall Street currently expects total Amazon revenue of $520 billion, up 11%, with profits of 56 cents a share, down from $3.24 a year earlier.But to Amazon bulls, the issues plaguing the company are fleeting and priced in. While the economy could fall into recession later this year or in 2023, that recession won't be permanent. Meanwhile, the e-commerce market continues to expand, and Amazon's slice of the pie remains vast, at about 40%. There's still room for additional market share gains, too.The company's advertising business, meanwhile, is on the rise. Given Apple's $(AAPL)$ tough stance on sharing information about consumer activity on the iPhone, advertisers are looking beyond Meta Platforms' $(META.UK)$ Facebook, Alphabet's $(GOOGL)$ YouTube, and Snap for places to spend their ad dollars. Many ad buyers are turning to options where consumer buying intent is clear on the surface. Meta has to infer what you might want to buy; in Amazon's case, consumers type their exact shopping interests into a search box. In a marketplace crowded with consumer choice, Amazon's ad market is a gold mine.And then there's Amazon Web Services, the company's mammoth cloud-computing platform. Since the company began breaking out results for AWS in 2015, the business has accounted for more than half of Amazon's operating profits, including almost 75% of the total in 2021. In 2022, with e-commerce operations likely to lose money, AWS is forecast to constitute 150% of Amazon's operating income.With revenue close to $82 billion, AWS is one of the world's largest software and services companies -- bigger than Oracle $(ORCL)$, IBM $(IBM)$, or SAP $(SAP)$, and more than twice the size of Salesforce $(CRM.AU)$, the largest of the so-called software-as-a-service companies. And AWS is going to get a lot bigger. It's no wonder that when Bezos chose to step down as CEO in 2021, he chose as his successor AWS architect Andy Jassy. (Amazon declined to make Jassy or any other executives available for this story, citing the quiet period ahead of earnings.)One of Wall Street's favorite strategies for assessing corporate value is a \"sum of the parts\" approach: Make a list of what the company owns, put a value on each part, then add it all up.For some of Amazon's businesses, appropriate comparisons are hard to find. There are no pure-play public cloud stocks that look anything like AWS; its primary rivals -- Microsoft $(MSFT)$ Azure and Google Cloud -- are likewise buried inside large businesses. Amazon's ad business is valuable, but it's linked to the core e-commerce business and therefore defies an easy value.Then there's Amazon Prime, which includes a Netflix-like video streaming service plus a Spotify-like music service. There are other businesses hidden in the company's financials, including the videogame streaming service Twitch, the audiobook company Audible, the podcasting producer Wondery, and autonomous-vehicle maker Zoox, just to name a few.In reporting this story, Barron's found at least four different attempts by Wall Street analysts to suss out the company's true value. They involve different parts, different metrics, and varying conclusions. The only consistent theme? Amazon's parts add up to a lot more than its current market value.Let's start with the entertainment-focused approach from Needham analyst Laura Martin. In her view, a large part of Amazon's value comes from its media businesses. She values Amazon Prime Video, Amazon Music, Twitch, and advertising at more than $500 billion. She values AWS at $650 billion. Those two numbers give you $1.15 trillion, or roughly Amazon's current market value. That doesn't include e-commerce, which Martin's calculations currently ignore.Truist internet analyst Youssef Squali has a different approach. He puts a value of more than $500 billion on Amazon's \"third-party retail\" services business, which includes logistics and other services provided to millions of sellers. He adds $172 billion for \"first party\" retail -- Amazon-branded goods, including electronics like Fire TVs and Kindles, plus thousands of AmazonBasics products. He values the company's subscription business -- basically Prime -- at a little over $100 billion. Then, he values AWS at $867 billion, using a multiple of 30 times estimated pretax earnings for 2022. (Salesforce, which is growing more slowly than AWS, trades at roughly 30 times pretax earnings.) Ultimately, Squali comes up with an Amazon value of $1.7 trillion.J.P. Morgan analyst Doug Anmuth takes the simplest view -- dividing Amazon into two pieces. He pegs the value of AWS at 20 times his estimate of $52 billion in 2023 earnings before interest, taxes, depreciation, and amortization, or Ebitda, which comes to just over $1 trillion. For the retail business, he applies a multiple of 1.25 times his estimated gross merchandise value for 2023, which comes to just over $950 billion. Anmuth notes that Walmart $(WMT)$ trades at about one times GMV, while Amazon's retail business has \"meaningfully higher\" growth, meriting a higher multiple. For Anmuth, that's a total Amazon value of $2 trillion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9954502886,"gmtCreate":1676440120845,"gmtModify":1676440124395,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Still lots lots of&nbsp;up side for long term value investor.&nbsp;&nbsp;","listText":"Still lots lots of&nbsp;up side for long term value investor.&nbsp;&nbsp;","text":"Still lots lots of up side for long term value investor.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9954502886","repostId":"2311119271","repostType":2,"isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":246692671225904,"gmtCreate":1701249183302,"gmtModify":1701249188255,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"I'm confident&nbsp;there would be another \"Munger\" somewhere out there.&nbsp; Meantime, thanks&nbsp; Charlie for all your down to earth advice and one liner answer&nbsp;- Rest&nbsp;in Peace, sir.","listText":"I'm confident&nbsp;there would be another \"Munger\" somewhere out there.&nbsp; Meantime, thanks&nbsp; Charlie for all your down to earth advice and one liner answer&nbsp;- Rest&nbsp;in Peace, sir.","text":"I'm confident there would be another \"Munger\" somewhere out there. Meantime, thanks Charlie for all your down to earth advice and one liner answer - Rest in Peace, sir.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/246692671225904","repostId":"2387610666","repostType":2,"repost":{"id":"2387610666","kind":"highlight","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":1701244800,"share":"https://ttm.financial/m/news/2387610666?lang=&edition=fundamental","pubTime":"2023-11-29 16:00","market":"us","language":"en","title":"After Munger's Death, Berkshire Succession Comes into Focus","url":"https://stock-news.laohu8.com/highlight/detail?id=2387610666","media":"Reuters","summary":"By Jonathan Stempel      Nov 29 (Reuters) - The death of Berkshire Hathaway's  Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining ","content":"<html><head></head><body><p>Nov 29 (Reuters) - The death of Berkshire Hathaway&#39;s Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate&#39;s lone investing legend and shining the spotlight on managers who have largely operated in their shadow.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate&#39;s chairman and vice chairman.</p><p>Munger&#39;s death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett&#39;s top advisers and sounding boards.</p><p>They became vice chairmen in 2018, started taking a more prominent public role only at the most recent of Berkshire&#39;s annual meetings, and will have bigger boots to fill than at almost any other company.</p><p>Managers have said Abel fully embraces Berkshire&#39;s culture, which includes an extreme decentralization that gives business units broad autonomy.</p><p>That means big units such as the BNSF railroad and Geico car insurer, each with tens of thousands of employees, and small units such as Borsheims jewelry, with about 142 employees, can run without interference from Berkshire headquarters, which employs only about 26 people.</p><p>But Abel and Jain have different styles from Buffett and Munger.</p><p>At the 2021 annual meeting, Jain was asked how he and Abel interact with each other.</p><p>&#34;There is no question that the relationship Warren has with Charlie is unique and it&#39;s not going to be duplicated,&#34; Jain said. &#34;We don&#39;t interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective businesses.&#34;</p><p>Abel said he and Jain regularly consulted with <a href=\"https://laohu8.com/S/AONE.U\">one</a> another, and in particular when something unusual was happening at one of Berkshire&#39;s businesses.</p><p>Investors say they have faith.</p><p>&#34;I can’t imagine investors haven&#39;t thought about what happens when Buffett is gone as well,&#34; said Bill Stone, chief investment officer at Glenview Trust. &#34;You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company.&#34;</p><p>Berkshire did not immediately respond to a request for comment outside business hours.</p><h2 id=\"id_3329674046\">CEO-DESIGNATE</h2><p>Berkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company he has run since 1965 would be prepared for his departure.</p><p>Munger inadvertently signaled during Berkshire&#39;s 2021 annual meeting that Abel, a 61-year-old Edmonton, Alberta, native who spent a quarter century at what is now Berkshire Hathaway Energy, was the CEO designate.</p><p>Jain, 72, would retain oversight of insurance operations.</p><p>Buffett has praised both executives, calling Abel &#34;a first-class human being&#34; in a 2013 video message and referring to Jain as a &#34;superstar.&#34;</p><p>A lifelong hockey fan, Abel graduated in 1984 from the University of Alberta, worked at PricewaterhouseCoopers and energy firm CalEnergy and joined the company, then known as MidAmerican Energy, in 1992, which Berkshire took over in 2000.</p><p>Abel became MidAmerican&#39;s chief in 2008 and benefited from its ability, unusual in the utility industry, to retain earnings rather than pay dividends. That freed him to make acquisitions, and expand into renewable energy.</p><p>Investors will have to wait until Abel takes over to see his willingness to shed businesses that are underperforming or have mediocre outlooks - his predecessors liked to buy and hold businesses forever - or whether Berkshire might pay its first dividend since 1967.</p><p>Jain, who was born in the Indian state of Odisha, has specialized in pricing for risk, especially large risks such as natural catastrophes. He joined Berkshire in 1986.</p><p>Besides the two top executives, Berkshire&#39;s plan also calls for Buffett&#39;s eldest son Howard Buffett to become non-executive chairman, charged mainly with preserving Berkshire&#39;s culture.</p><p>Todd Combs and Ted Weschler, who help Buffett run Berkshire&#39;s $300 billion-plus common stock portfolio - about half of which is in one stock, Apple - appear in line to take over all of it.</p><p>&#34;Berkshire has talented people there that will help with the stock picking,&#34; said Bill Smead, chief investment officer at Smead Capital Management in Phoenix. &#34;But it will never be the same.&#34;</p><h2 id=\"id_2595446648\">LOSS OF LEGACY</h2><p>For shareholders, a signature in Berkshire&#39;s universe is its annual meeting, a pilgrimage known as &#34;Woodstock for Capitalists,&#34; where Buffett and Munger would answer more than five hours of shareholder questions.</p><p>It is a weekend of shopping, investor conferences and events that draws tens of thousands of people to Omaha in early May, even though fans can watch it streamed on their home computers or smartphones.</p><p>Many shareholders, especially local, have said they will continue going, but others have been less sure.</p><p>&#34;What really glued us to these men was their advice on living a full life by instructing people how to think clearly, to be honest with oneself, to learn from mistakes and to avoid calamities,&#34; said Whitney Tilson, an investor who previously ran T2 Partners and Kase Capital and has attended many meetings.</p><p>In May 2020, at the height of the pandemic, Buffett held the meeting virtually from Omaha. Munger didn&#39;t attend.</p><p>&#34;It particularly doesn&#39;t feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here,&#34; Buffett said. &#34;I think most of the people who come to our meeting really come to listen to Charlie.&#34;</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>After Munger's Death, Berkshire Succession Comes into Focus</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\">\nAfter Munger's Death, Berkshire Succession Comes into Focus\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\">2023-11-29 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nov 29 (Reuters) - The death of Berkshire Hathaway&#39;s Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate&#39;s lone investing legend and shining the spotlight on managers who have largely operated in their shadow.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e28561eee93a34a6bbe0f6902c6352c4\" tg-width=\"750\" tg-height=\"7019\"/></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e9b2b17d384ca31804cd6a434c7935c\" tg-width=\"750\" tg-height=\"2579\"/></p><p>Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate&#39;s chairman and vice chairman.</p><p>Munger&#39;s death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett&#39;s top advisers and sounding boards.</p><p>They became vice chairmen in 2018, started taking a more prominent public role only at the most recent of Berkshire&#39;s annual meetings, and will have bigger boots to fill than at almost any other company.</p><p>Managers have said Abel fully embraces Berkshire&#39;s culture, which includes an extreme decentralization that gives business units broad autonomy.</p><p>That means big units such as the BNSF railroad and Geico car insurer, each with tens of thousands of employees, and small units such as Borsheims jewelry, with about 142 employees, can run without interference from Berkshire headquarters, which employs only about 26 people.</p><p>But Abel and Jain have different styles from Buffett and Munger.</p><p>At the 2021 annual meeting, Jain was asked how he and Abel interact with each other.</p><p>&#34;There is no question that the relationship Warren has with Charlie is unique and it&#39;s not going to be duplicated,&#34; Jain said. &#34;We don&#39;t interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective businesses.&#34;</p><p>Abel said he and Jain regularly consulted with <a href=\"https://laohu8.com/S/AONE.U\">one</a> another, and in particular when something unusual was happening at one of Berkshire&#39;s businesses.</p><p>Investors say they have faith.</p><p>&#34;I can’t imagine investors haven&#39;t thought about what happens when Buffett is gone as well,&#34; said Bill Stone, chief investment officer at Glenview Trust. &#34;You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company.&#34;</p><p>Berkshire did not immediately respond to a request for comment outside business hours.</p><h2 id=\"id_3329674046\">CEO-DESIGNATE</h2><p>Berkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company he has run since 1965 would be prepared for his departure.</p><p>Munger inadvertently signaled during Berkshire&#39;s 2021 annual meeting that Abel, a 61-year-old Edmonton, Alberta, native who spent a quarter century at what is now Berkshire Hathaway Energy, was the CEO designate.</p><p>Jain, 72, would retain oversight of insurance operations.</p><p>Buffett has praised both executives, calling Abel &#34;a first-class human being&#34; in a 2013 video message and referring to Jain as a &#34;superstar.&#34;</p><p>A lifelong hockey fan, Abel graduated in 1984 from the University of Alberta, worked at PricewaterhouseCoopers and energy firm CalEnergy and joined the company, then known as MidAmerican Energy, in 1992, which Berkshire took over in 2000.</p><p>Abel became MidAmerican&#39;s chief in 2008 and benefited from its ability, unusual in the utility industry, to retain earnings rather than pay dividends. That freed him to make acquisitions, and expand into renewable energy.</p><p>Investors will have to wait until Abel takes over to see his willingness to shed businesses that are underperforming or have mediocre outlooks - his predecessors liked to buy and hold businesses forever - or whether Berkshire might pay its first dividend since 1967.</p><p>Jain, who was born in the Indian state of Odisha, has specialized in pricing for risk, especially large risks such as natural catastrophes. He joined Berkshire in 1986.</p><p>Besides the two top executives, Berkshire&#39;s plan also calls for Buffett&#39;s eldest son Howard Buffett to become non-executive chairman, charged mainly with preserving Berkshire&#39;s culture.</p><p>Todd Combs and Ted Weschler, who help Buffett run Berkshire&#39;s $300 billion-plus common stock portfolio - about half of which is in one stock, Apple - appear in line to take over all of it.</p><p>&#34;Berkshire has talented people there that will help with the stock picking,&#34; said Bill Smead, chief investment officer at Smead Capital Management in Phoenix. &#34;But it will never be the same.&#34;</p><h2 id=\"id_2595446648\">LOSS OF LEGACY</h2><p>For shareholders, a signature in Berkshire&#39;s universe is its annual meeting, a pilgrimage known as &#34;Woodstock for Capitalists,&#34; where Buffett and Munger would answer more than five hours of shareholder questions.</p><p>It is a weekend of shopping, investor conferences and events that draws tens of thousands of people to Omaha in early May, even though fans can watch it streamed on their home computers or smartphones.</p><p>Many shareholders, especially local, have said they will continue going, but others have been less sure.</p><p>&#34;What really glued us to these men was their advice on living a full life by instructing people how to think clearly, to be honest with oneself, to learn from mistakes and to avoid calamities,&#34; said Whitney Tilson, an investor who previously ran T2 Partners and Kase Capital and has attended many meetings.</p><p>In May 2020, at the height of the pandemic, Buffett held the meeting virtually from Omaha. Munger didn&#39;t attend.</p><p>&#34;It particularly doesn&#39;t feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here,&#34; Buffett said. &#34;I think most of the people who come to our meeting really come to listen to Charlie.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0980610538.SGD":"Natixis Harris Associates US Equity RA SGD-H","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0256863811.USD":"ALLIANZ US EQUITY \"A\" INC","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4170":"电脑硬件、储存设备及电脑周边","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","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","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4554":"元宇宙及AR概念","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","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","BK4553":"喜马拉雅资本持仓","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","BRK.A":"伯克希尔","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4534":"瑞士信贷持仓","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","BRK.B":"伯克希尔B","BK4533":"AQR资本管理(全球第二大对冲基金)","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","LU0251142724.SGD":"Fidelity America A-SGD","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU1201861249.SGD":"Natixis Harris Associates US Equity PA SGD-H","AAPL":"苹果","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","BK4527":"明星科技股","BK4501":"段永平概念","BK4588":"碎股","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4574":"无人驾驶","BK4573":"虚拟现实","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","BK4505":"高瓴资本持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4581":"高盛持仓","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2387610666","content_text":"Nov 29 (Reuters) - The death of Berkshire Hathaway's Charlie Munger heralds the end of an era, leaving Warren Buffett as the conglomerate's lone investing legend and shining the spotlight on managers who have largely operated in their shadow.Few companies have been so closely associated with their leaders as Berkshire has with Buffett and Munger, who knew each other for more than six decades, the last 45 years as the Omaha, Nebraska-based conglomerate's chairman and vice chairman.Munger's death on Tuesday, five weeks shy of his 100th birthday, leaves Berkshire Vice Chairmen Greg Abel and Ajit Jain, who respectively oversee its non-insurance and insurance businesses, as the 93-year-old Buffett's top advisers and sounding boards.They became vice chairmen in 2018, started taking a more prominent public role only at the most recent of Berkshire's annual meetings, and will have bigger boots to fill than at almost any other company.Managers have said Abel fully embraces Berkshire's culture, which includes an extreme decentralization that gives business units broad autonomy.That means big units such as the BNSF railroad and Geico car insurer, each with tens of thousands of employees, and small units such as Borsheims jewelry, with about 142 employees, can run without interference from Berkshire headquarters, which employs only about 26 people.But Abel and Jain have different styles from Buffett and Munger.At the 2021 annual meeting, Jain was asked how he and Abel interact with each other.\"There is no question that the relationship Warren has with Charlie is unique and it's not going to be duplicated,\" Jain said. \"We don't interact with each other as often as Warren and Charlie do. But every quarter we will talk to each other about our respective businesses.\"Abel said he and Jain regularly consulted with one another, and in particular when something unusual was happening at one of Berkshire's businesses.Investors say they have faith.\"I can’t imagine investors haven't thought about what happens when Buffett is gone as well,\" said Bill Stone, chief investment officer at Glenview Trust. \"You don’t need them to be as good as Buffett or Munger to make Berkshire a good company and arguably a great company.\"Berkshire did not immediately respond to a request for comment outside business hours.CEO-DESIGNATEBerkshire has had a succession plan since at least 2006 when Buffett, then 75, told shareholders the company he has run since 1965 would be prepared for his departure.Munger inadvertently signaled during Berkshire's 2021 annual meeting that Abel, a 61-year-old Edmonton, Alberta, native who spent a quarter century at what is now Berkshire Hathaway Energy, was the CEO designate.Jain, 72, would retain oversight of insurance operations.Buffett has praised both executives, calling Abel \"a first-class human being\" in a 2013 video message and referring to Jain as a \"superstar.\"A lifelong hockey fan, Abel graduated in 1984 from the University of Alberta, worked at PricewaterhouseCoopers and energy firm CalEnergy and joined the company, then known as MidAmerican Energy, in 1992, which Berkshire took over in 2000.Abel became MidAmerican's chief in 2008 and benefited from its ability, unusual in the utility industry, to retain earnings rather than pay dividends. That freed him to make acquisitions, and expand into renewable energy.Investors will have to wait until Abel takes over to see his willingness to shed businesses that are underperforming or have mediocre outlooks - his predecessors liked to buy and hold businesses forever - or whether Berkshire might pay its first dividend since 1967.Jain, who was born in the Indian state of Odisha, has specialized in pricing for risk, especially large risks such as natural catastrophes. He joined Berkshire in 1986.Besides the two top executives, Berkshire's plan also calls for Buffett's eldest son Howard Buffett to become non-executive chairman, charged mainly with preserving Berkshire's culture.Todd Combs and Ted Weschler, who help Buffett run Berkshire's $300 billion-plus common stock portfolio - about half of which is in one stock, Apple - appear in line to take over all of it.\"Berkshire has talented people there that will help with the stock picking,\" said Bill Smead, chief investment officer at Smead Capital Management in Phoenix. \"But it will never be the same.\"LOSS OF LEGACYFor shareholders, a signature in Berkshire's universe is its annual meeting, a pilgrimage known as \"Woodstock for Capitalists,\" where Buffett and Munger would answer more than five hours of shareholder questions.It is a weekend of shopping, investor conferences and events that draws tens of thousands of people to Omaha in early May, even though fans can watch it streamed on their home computers or smartphones.Many shareholders, especially local, have said they will continue going, but others have been less sure.\"What really glued us to these men was their advice on living a full life by instructing people how to think clearly, to be honest with oneself, to learn from mistakes and to avoid calamities,\" said Whitney Tilson, an investor who previously ran T2 Partners and Kase Capital and has attended many meetings.In May 2020, at the height of the pandemic, Buffett held the meeting virtually from Omaha. Munger didn't attend.\"It particularly doesn't feel like an annual meeting because my partner of 60 years, Charlie Munger, is not sitting up here,\" Buffett said. \"I think most of the people who come to our meeting really come to listen to Charlie.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947868409,"gmtCreate":1682933842602,"gmtModify":1682933846384,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"BRK is still a stock to have, to keep, to invest for the long term.","listText":"BRK is still a stock to have, to keep, to invest for the long term.","text":"BRK is still a stock to have, to keep, to invest for the long term.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947868409","repostId":"2330316523","repostType":2,"isVote":1,"tweetType":1,"viewCount":607,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9945666782,"gmtCreate":1681457107547,"gmtModify":1681457112829,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"As always Apple&nbsp;is setting&nbsp;a trend. A good move that will score big for the company","listText":"As always Apple&nbsp;is setting&nbsp;a trend. A good move that will score big for the company","text":"As always Apple is setting a trend. A good move that will score big for the company","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9945666782","repostId":"2327615167","repostType":2,"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967012081,"gmtCreate":1670226696343,"gmtModify":1676538324487,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"BHP has got more up side&nbsp;","listText":"BHP has got more up side&nbsp;","text":"BHP has got more up side","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967012081","repostId":"2289139735","repostType":2,"isVote":1,"tweetType":1,"viewCount":239,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932617641,"gmtCreate":1662939250284,"gmtModify":1676537165224,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Maybe worth grabbing some IPO share","listText":"Maybe worth grabbing some IPO share","text":"Maybe worth grabbing some IPO share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932617641","repostId":"2265052724","repostType":2,"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939848891,"gmtCreate":1662087432213,"gmtModify":1676536994871,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NET.AU\">$Netlinkz(NET.AU)$</a>is it a good time to buy in?","listText":"<a href=\"https://ttm.financial/S/NET.AU\">$Netlinkz(NET.AU)$</a>is it a good time to buy in?","text":"$Netlinkz(NET.AU)$is it a good time to buy in?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939848891","isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9939841687,"gmtCreate":1662087367650,"gmtModify":1676536994822,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"BHP is a long term play.&nbsp;[LOL]&nbsp;","listText":"BHP is a long term play.&nbsp;[LOL]&nbsp;","text":"BHP is a long term play. [LOL]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9939841687","repostId":"2264225832","repostType":2,"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906318728,"gmtCreate":1659486297266,"gmtModify":1705980833994,"author":{"id":"4116046903655472","authorId":"4116046903655472","name":"7mate34","avatar":"https://community-static.tradeup.com/news/e464589bf0fa038b72a6b8628440cef2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4116046903655472","authorIdStr":"4116046903655472"},"themes":[],"htmlText":"Good on you","listText":"Good on you","text":"Good on you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906318728","repostId":"9901390976","repostType":1,"repost":{"id":9901390976,"gmtCreate":1659136878695,"gmtModify":1676536261337,"author":{"id":"3585783151794537","authorId":"3585783151794537","name":"jgaldon","avatar":"https://static.tigerbbs.com/7ac1bf876c504881c7cc0ca4968b92bb","crmLevel":7,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3585783151794537","authorIdStr":"3585783151794537"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/WDS.AU\">$WOODSIDE ENERGY GROUP LTD(WDS.AU)$</a>These free BHP shares are the best for the mind...up or down...it's always 0% and green.One day, if the Gods allow, will sell all initial investments...and keep just the profit running. Same idea as this Woodsie, stress free.Cheers!","listText":"<a href=\"https://ttm.financial/S/WDS.AU\">$WOODSIDE ENERGY GROUP LTD(WDS.AU)$</a>These free BHP shares are the best for the mind...up or down...it's always 0% and green.One day, if the Gods allow, will sell all initial investments...and keep just the profit running. Same idea as this Woodsie, stress free.Cheers!","text":"$WOODSIDE ENERGY GROUP LTD(WDS.AU)$These free BHP shares are the best for the mind...up or down...it's always 0% and green.One day, if the Gods allow, will sell all initial investments...and keep just the profit running. Same idea as this Woodsie, stress free.Cheers!","images":[{"img":"https://community-static.tradeup.com/news/f02c257a05e7b1fdf5748f546fcfc591","width":"1080","height":"1920"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901390976","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":446,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}