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2022-07-17

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href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[{"img":"https://community-static.tradeup.com/news/77e9b295fec10e810bf9c27ab8efa1d8","width":"1125","height":"1908"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9912830781","isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9912359925,"gmtCreate":1664760003167,"gmtModify":1676537503396,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9912359925","repostId":"2272691220","repostType":4,"repost":{"id":"2272691220","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":1664755882,"share":"https://www.laohu8.com/m/news/2272691220?lang=&edition=full","pubTime":"2022-10-03 08:11","market":"us","language":"en","title":"What Investors Need to Know About October's Complicated Stock-Market History","url":"https://stock-news.laohu8.com/highlight/detail?id=2272691220","media":"Dow Jones","summary":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.O","content":"<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a &#34;bear-market killer,&#34; associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what&#39;s traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&amp;P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August&#39;s inflation data showed little sign of easing price pressures. However, the central bank&#39;s more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&amp;P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October&#39;s track record may offer some comfort as it has been a turnaround month, or a &#34;bear killer,&#34; according to the data from Stock Trader&#39;s Almanac.</p><p>&#34;Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&amp;P 500 declined 19.4%),&#34; wrote Jeff Hirsch, editor of the Stock Trader&#39;s Almanac, in a note on Thursday. &#34;Seven of these years were midterm bottoms.&#34;</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are &#34;downright stellar&#34; and usually where the &#34;sweet spot&#34; of the four-year presidential election cycle begins (see chart below).</p><p>&#34;The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&amp;P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),&#34; wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>&#39;Atypical period&#39;</h2><p>Skeptics aren&#39;t convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in &#34;more normalized years.&#34;</p><p>&#34;This is just such an atypical period for so many reasons,&#34; Bassett told MarketWatch in a phone interview on Thursday. &#34;A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That&#39;s kind of something that we&#39;re going through and you have to be very sensitive to how you manage all of that.&#34;</p><p>An old Wall Street adage, &#34;Sell in May and go away,&#34; refers to the market&#39;s historical underperformance during the six-month period from May to October. Stock Trader&#39;s Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have &#34;produced reliable returns with reduced risk since 1950.&#34;</p><p>Strategists at Stifel, a wealth-management firm, contend the S&amp;P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&amp;P 500 negative seasonality are headwinds that should subside by then.</p><p>&#34;Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,&#34; wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. &#34;This could reinforce positive market seasonality, which is historically strong for the S&amp;P 500 from November to April.&#34;</p><h2>October crashes</h2><p>Seasonal trends, however, aren&#39;t written in stone. Dow Jones Market Data found the S&amp;P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&amp;P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>&#34;I think that any years where you&#39;ve had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,&#34; Saglimbene told MarketWatch on Friday. &#34;Frankly, I don&#39;t think we&#39;re going to see a lot of visibility at least over the next few months.&#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>What Investors Need to Know About October's Complicated Stock-Market History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Investors Need to Know About October's Complicated Stock-Market History\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\">2022-10-03 08:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a &#34;bear-market killer,&#34; associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what&#39;s traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&amp;P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August&#39;s inflation data showed little sign of easing price pressures. However, the central bank&#39;s more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&amp;P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October&#39;s track record may offer some comfort as it has been a turnaround month, or a &#34;bear killer,&#34; according to the data from Stock Trader&#39;s Almanac.</p><p>&#34;Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&amp;P 500 declined 19.4%),&#34; wrote Jeff Hirsch, editor of the Stock Trader&#39;s Almanac, in a note on Thursday. &#34;Seven of these years were midterm bottoms.&#34;</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are &#34;downright stellar&#34; and usually where the &#34;sweet spot&#34; of the four-year presidential election cycle begins (see chart below).</p><p>&#34;The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&amp;P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),&#34; wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>&#39;Atypical period&#39;</h2><p>Skeptics aren&#39;t convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in &#34;more normalized years.&#34;</p><p>&#34;This is just such an atypical period for so many reasons,&#34; Bassett told MarketWatch in a phone interview on Thursday. &#34;A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That&#39;s kind of something that we&#39;re going through and you have to be very sensitive to how you manage all of that.&#34;</p><p>An old Wall Street adage, &#34;Sell in May and go away,&#34; refers to the market&#39;s historical underperformance during the six-month period from May to October. Stock Trader&#39;s Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have &#34;produced reliable returns with reduced risk since 1950.&#34;</p><p>Strategists at Stifel, a wealth-management firm, contend the S&amp;P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&amp;P 500 negative seasonality are headwinds that should subside by then.</p><p>&#34;Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,&#34; wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. &#34;This could reinforce positive market seasonality, which is historically strong for the S&amp;P 500 from November to April.&#34;</p><h2>October crashes</h2><p>Seasonal trends, however, aren&#39;t written in stone. Dow Jones Market Data found the S&amp;P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&amp;P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>&#34;I think that any years where you&#39;ve had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,&#34; Saglimbene told MarketWatch on Friday. &#34;Frankly, I don&#39;t think we&#39;re going to see a lot of visibility at least over the next few months.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","SDOW":"道指三倍做空ETF-ProShares","BK4581":"高盛持仓","BK4504":"桥水持仓","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF",".DJI":"道琼斯","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","DDM":"道指两倍做多ETF","DOG":"道指反向ETF","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","DXD":"道指两倍做空ETF","DJX":"1/100道琼斯","SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272691220","content_text":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.Rough stretchU.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.Bear markets and midtermsOctober's track record may offer some comfort as it has been a turnaround month, or a \"bear killer,\" according to the data from Stock Trader's Almanac.\"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%),\" wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. \"Seven of these years were midterm bottoms.\"Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.According to Hirsch, Octobers in the midterm election years are \"downright stellar\" and usually where the \"sweet spot\" of the four-year presidential election cycle begins (see chart below).\"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),\" wrote Hirsch.'Atypical period'Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in \"more normalized years.\"\"This is just such an atypical period for so many reasons,\" Bassett told MarketWatch in a phone interview on Thursday. \"A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that.\"An old Wall Street adage, \"Sell in May and go away,\" refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have \"produced reliable returns with reduced risk since 1950.\"Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.\"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,\" wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. \"This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April.\"October crashesSeasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.\"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,\" Saglimbene told MarketWatch on Friday. \"Frankly, I don't think we're going to see a lot of visibility at least over the next few months.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918484952,"gmtCreate":1664432367076,"gmtModify":1676537454384,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Thx for sharing&nbsp;","listText":"Thx for sharing&nbsp;","text":"Thx for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918484952","repostId":"1135976194","repostType":2,"repost":{"id":"1135976194","pubTimestamp":1664428325,"share":"https://www.laohu8.com/m/news/1135976194?lang=&edition=full","pubTime":"2022-09-29 13:12","market":"us","language":"en","title":"Big Selling Wave in Stocks Makes for a Buying Opportunity","url":"https://stock-news.laohu8.com/highlight/detail?id=1135976194","media":"MarketWatch","summary":"Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five we","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f0831fd5f611822a31c2f8f995111791\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21.</p><p>That followed $51 billion in sales during the five weeks ending Sept. 7 — the biggest selling wave this year, says S&amp;P Global Market Intelligence. Bank of America clients favored defensive names over cyclicals last week, another good contrarian signal telling us it is time be bullish and buy.</p><p>“This is a pretty good buying opportunity,” says David Baron of Baron Focused Growth Fund “Even if there is a slowdown next year, a lot of stocks are pricing in pretty draconian earnings.”</p><p>No one knows for sure what the future will bring. But Baron is worth listening to, judging by his record. His fund beats its mid-cap growth category and Morningstar U.S. mid-cap broad growth index by 14 percentage points annualized over the past five years, according to Morningstar Direct. That’s big outperformance.</p><p>The catch is that it may be a stock pickers’ market.</p><p>“Not everything is going to work together,” says Baron.</p><p>Here are three ways to deal with this.</p><p>1. You can solve this problem by leaving the driving to someone else, such as Baron. His fund gets five stars from Morningstar, the highest, and it charges 1.3% in expenses.</p><p>2. You can take a peek inside his portfolio for stock ideas. “A slowdown does not change our thesis on our stocks. Our companies continue to innovate and continue to grow,” says Baron.</p><p>3. Better yet, take the “meal for a lifetime” approach and consider what you can learn from him about investing.</p><p>I tackled the last two approaches in a recent chat with Baron about his investment approach and his biggest — and most recently purchased — positions.</p><p>Here are five key lessons that might help you improve your returns, with stock examples for each.</p><h2><b>1. Hold concentrated positions</b></h2><p>This one is not for everyone. A lot of investing is about managing risk, and big positions increase your risk considerably because if they go bad, you lose a lot of money. But time and again, I notice that investors who outperform often do so via large position size. (Read <a href=\"https://www.marketwatch.com/story/billionaires-typically-own-concentrated-stock-positions-this-investor-posted-a-30-fold-gain-over-10-years-on-one-little-known-company-11663163019?mod=article_inline\" target=\"_blank\">this other column</a> I wrote.) Talk to a financial adviser to see if this is right for you. But Baron has little doubt when it comes to his own fund. In a world where many managers cap their portfolio exposure to single names at 2% to 3%, at Baron’s fund, over 56% of the portfolio is in eight stocks. Each of those is a 4.5%-or-more position.</p><p>The biggest concentrated position, by far, is Tesla at 20.4%. Baron Funds famously took a large position in Tesla before it went parabolic, and then stuck with it despite the <a href=\"https://www.marketwatch.com/story/tesla-bears-are-now-making-crazy-claims-short-circuiting-their-cause-2019-04-04?mod=article_inline\" target=\"_blank\">vitriolic skepticism</a> toward Tesla CEO Elon Musk.</p><p>Following the stock’s big move in 2020, the fund trimmed it a bit, but Baron is keeping a huge position.</p><p>“We see so much potential, we don’t want to sell,” says Baron. “Of all the companies I cover and [those] analysts come pitch to me, the company I feel the most confidence in is Tesla.”</p><p>Baron thinks the stock could still triple in less than a decade. What will get it there?</p><p>Tesla has created a strong brand with no marketing, and it has a 25% market share in electric cars, which are still in the very early stages of adoption. Only around 4% of vehicles are electric.</p><p>“People think we are going into a slowdown but demand for their cars has never been better,” he says.</p><p>Tesla delivered a million cars last year. It will deliver two million next year, and that’ll hit 20 million a year by the end of the decade, Baron predicts. Tesla produces high gross margins in the upper 20% range because cars that sell for around $50,000 cost around $36,000 to make. Baron thinks Tesla’s battery business could ultimately be as big as the car business.</p><p>The next four big concentrated positions are the privately held Space Exploration Technologies (also run by Musk), the insurer Arch Capital Group, Hyatt Hotels and the real estate market analytics company CoStar Group, at 5% to 6% each. (Holdings are valid as of the end of June.)</p><h2><b>2. Invest in growth</b></h2><p>Baron pays attention to valuations, but the portfolio has a growth bias.</p><p>This brings big exposure to the gaming and lodging sector, which makes up 20% of the portfolio. Baron, who was once a gaming analyst at Jefferies Group, expects solid growth as people continue to want to break free of pandemic lockdown life.</p><p>“People realized in the pandemic that life is short, and they want to get out and do things,” he says.</p><p>Baron tilts his exposure to gaming and lodging companies that serve higher-income consumers.</p><p>Baron thinks that even in a recession, these companies should still generate cash flow above 2019 levels. Wealthier customers will cut back less on spending in any recession. These companies have gotten more efficient by better targeting their marketing and trimming some customer perks. Holdings here include Hyatt, Red Rock Resorts, MGM Resorts International and Vail Resorts.</p><p>Baron also cites Krispy Kreme as a name with growth potential, as it continues to increase its presence in the marketplace, which Krispy Kreme calls “points of sale.” This includes things like prominent displays in convenience stores and supermarkets. Baron thinks Krispy Kreme could post 20% annual earnings growth, producing a double in the stock over the next three to four years.</p><p><b>3. Invest alongside founders</b></p><p>Academic research confirms that founder-run companies tend to outperform. Think Amazon.comnand Facebook parent Meta Platforms         which vastly outperformed the market.</p><p>A lesser-known name from Baron’s holdings that fit the bill is Figs. The company sells scrubs, lab coats and related health-care sector apparel designed for comfort, style and durability. Figs stock has fallen sharply to under $10 from highs of around $50 shortly after its May 2021 initial public offering.</p><p>Baron likens Figs to Under Armour,  the popular sports apparel company. “People love their product,” he says.</p><p>He thinks sales could double to $1 billion in three years. The company is run by co-founders Heather Hasson and Trina Spear. This is a new position for Baron as of the second quarter.</p><p>Another founder-run company in Baron’s portfolio is CoStar, which offers research and insights on commercial real estate trends and pricing. The company has a competitive advantage because it has the largest research team in the field, and it’s been in business for over 20 years. The company is expanding into residential real estate market analysis. This could help CoStar quadruple revenue or more over the next five years, says Baron. Founder Andrew Florance is the CEO.</p><h2><b>4. Look for large market opportunities</b></h2><p>Tesla is a good example, with its 25% share of the EV business that only makes up 4% of the overall vehicle market. So is another Musk company: Space Exploration Technologies.</p><p>SpaceX has two businesses, its Starlink internet service supported by a constellation of satellites, and its rocket launch business. Starlink has big potential because 3.5 billion people in the world are without internet access.</p><p>“This could be a trillion-dollar revenue business with extremely high margins,” says Baron.</p><p>Starlink recently signed on Royal Caribbean and T-Mobile US as customers. The rocket business has big growth potential because SpaceX can launch at one-tenth the cost of NASA.</p><p>Baron thinks SpaceX could be a 10-bagger over the next seven to 10 years. The problem for regular investors is that SpaceX is still private, and it may be years before it goes public because it doesn’t need cash, says Baron. Unless you are an accredited investor, it’s tough to get privately listed shares. For exposure to this one, owning Baron’s fund is one way to go.</p><h2><b>5. Have some ballast</b></h2><p>A risk with high-growth names is that their stocks can fall hard if growth stumbles a bit. Momentum investors in growth names are quick to sell.</p><p>To offset the risk of high-growth companies like Tesla and SpaceX, Baron likes to hold potentially safer names like Arch Capital Group in insurance and reinsurance. Arch Capital’s stock looks reasonably priced at 1.5 times its $31.37 book value. Second-quarter insurance sector net premiums grew 27.5%, year over year. Baron thinks the stock could double in four or five years.</p></body></html>","source":"lsy1603348471595","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>Big Selling Wave in Stocks Makes for a Buying Opportunity</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\">\nBig Selling Wave in Stocks Makes for a Buying Opportunity\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-29 13:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/big-selling-wave-in-stocks-makes-for-a-buying-opportunity-says-baron-manager-who-has-20-of-his-funds-assets-in-tesla-11664385155?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21.That followed $51 billion in sales during the five weeks ending Sept. 7 — the ...</p>\n\n<a href=\"https://www.marketwatch.com/story/big-selling-wave-in-stocks-makes-for-a-buying-opportunity-says-baron-manager-who-has-20-of-his-funds-assets-in-tesla-11664385155?mod=home-page\">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","TSLA":"特斯拉","ACGL":"艾奇资本","MGM":"美高梅"},"source_url":"https://www.marketwatch.com/story/big-selling-wave-in-stocks-makes-for-a-buying-opportunity-says-baron-manager-who-has-20-of-his-funds-assets-in-tesla-11664385155?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135976194","content_text":"Institutional investors have been clearing out of stocks. They sold $42 billion worth in the five weeks ending Sept. 21.That followed $51 billion in sales during the five weeks ending Sept. 7 — the biggest selling wave this year, says S&P Global Market Intelligence. Bank of America clients favored defensive names over cyclicals last week, another good contrarian signal telling us it is time be bullish and buy.“This is a pretty good buying opportunity,” says David Baron of Baron Focused Growth Fund “Even if there is a slowdown next year, a lot of stocks are pricing in pretty draconian earnings.”No one knows for sure what the future will bring. But Baron is worth listening to, judging by his record. His fund beats its mid-cap growth category and Morningstar U.S. mid-cap broad growth index by 14 percentage points annualized over the past five years, according to Morningstar Direct. That’s big outperformance.The catch is that it may be a stock pickers’ market.“Not everything is going to work together,” says Baron.Here are three ways to deal with this.1. You can solve this problem by leaving the driving to someone else, such as Baron. His fund gets five stars from Morningstar, the highest, and it charges 1.3% in expenses.2. You can take a peek inside his portfolio for stock ideas. “A slowdown does not change our thesis on our stocks. Our companies continue to innovate and continue to grow,” says Baron.3. Better yet, take the “meal for a lifetime” approach and consider what you can learn from him about investing.I tackled the last two approaches in a recent chat with Baron about his investment approach and his biggest — and most recently purchased — positions.Here are five key lessons that might help you improve your returns, with stock examples for each.1. Hold concentrated positionsThis one is not for everyone. A lot of investing is about managing risk, and big positions increase your risk considerably because if they go bad, you lose a lot of money. But time and again, I notice that investors who outperform often do so via large position size. (Read this other column I wrote.) Talk to a financial adviser to see if this is right for you. But Baron has little doubt when it comes to his own fund. In a world where many managers cap their portfolio exposure to single names at 2% to 3%, at Baron’s fund, over 56% of the portfolio is in eight stocks. Each of those is a 4.5%-or-more position.The biggest concentrated position, by far, is Tesla at 20.4%. Baron Funds famously took a large position in Tesla before it went parabolic, and then stuck with it despite the vitriolic skepticism toward Tesla CEO Elon Musk.Following the stock’s big move in 2020, the fund trimmed it a bit, but Baron is keeping a huge position.“We see so much potential, we don’t want to sell,” says Baron. “Of all the companies I cover and [those] analysts come pitch to me, the company I feel the most confidence in is Tesla.”Baron thinks the stock could still triple in less than a decade. What will get it there?Tesla has created a strong brand with no marketing, and it has a 25% market share in electric cars, which are still in the very early stages of adoption. Only around 4% of vehicles are electric.“People think we are going into a slowdown but demand for their cars has never been better,” he says.Tesla delivered a million cars last year. It will deliver two million next year, and that’ll hit 20 million a year by the end of the decade, Baron predicts. Tesla produces high gross margins in the upper 20% range because cars that sell for around $50,000 cost around $36,000 to make. Baron thinks Tesla’s battery business could ultimately be as big as the car business.The next four big concentrated positions are the privately held Space Exploration Technologies (also run by Musk), the insurer Arch Capital Group, Hyatt Hotels and the real estate market analytics company CoStar Group, at 5% to 6% each. (Holdings are valid as of the end of June.)2. Invest in growthBaron pays attention to valuations, but the portfolio has a growth bias.This brings big exposure to the gaming and lodging sector, which makes up 20% of the portfolio. Baron, who was once a gaming analyst at Jefferies Group, expects solid growth as people continue to want to break free of pandemic lockdown life.“People realized in the pandemic that life is short, and they want to get out and do things,” he says.Baron tilts his exposure to gaming and lodging companies that serve higher-income consumers.Baron thinks that even in a recession, these companies should still generate cash flow above 2019 levels. Wealthier customers will cut back less on spending in any recession. These companies have gotten more efficient by better targeting their marketing and trimming some customer perks. Holdings here include Hyatt, Red Rock Resorts, MGM Resorts International and Vail Resorts.Baron also cites Krispy Kreme as a name with growth potential, as it continues to increase its presence in the marketplace, which Krispy Kreme calls “points of sale.” This includes things like prominent displays in convenience stores and supermarkets. Baron thinks Krispy Kreme could post 20% annual earnings growth, producing a double in the stock over the next three to four years.3. Invest alongside foundersAcademic research confirms that founder-run companies tend to outperform. Think Amazon.comnand Facebook parent Meta Platforms         which vastly outperformed the market.A lesser-known name from Baron’s holdings that fit the bill is Figs. The company sells scrubs, lab coats and related health-care sector apparel designed for comfort, style and durability. Figs stock has fallen sharply to under $10 from highs of around $50 shortly after its May 2021 initial public offering.Baron likens Figs to Under Armour,  the popular sports apparel company. “People love their product,” he says.He thinks sales could double to $1 billion in three years. The company is run by co-founders Heather Hasson and Trina Spear. This is a new position for Baron as of the second quarter.Another founder-run company in Baron’s portfolio is CoStar, which offers research and insights on commercial real estate trends and pricing. The company has a competitive advantage because it has the largest research team in the field, and it’s been in business for over 20 years. The company is expanding into residential real estate market analysis. This could help CoStar quadruple revenue or more over the next five years, says Baron. Founder Andrew Florance is the CEO.4. Look for large market opportunitiesTesla is a good example, with its 25% share of the EV business that only makes up 4% of the overall vehicle market. So is another Musk company: Space Exploration Technologies.SpaceX has two businesses, its Starlink internet service supported by a constellation of satellites, and its rocket launch business. Starlink has big potential because 3.5 billion people in the world are without internet access.“This could be a trillion-dollar revenue business with extremely high margins,” says Baron.Starlink recently signed on Royal Caribbean and T-Mobile US as customers. The rocket business has big growth potential because SpaceX can launch at one-tenth the cost of NASA.Baron thinks SpaceX could be a 10-bagger over the next seven to 10 years. The problem for regular investors is that SpaceX is still private, and it may be years before it goes public because it doesn’t need cash, says Baron. Unless you are an accredited investor, it’s tough to get privately listed shares. For exposure to this one, owning Baron’s fund is one way to go.5. Have some ballastA risk with high-growth names is that their stocks can fall hard if growth stumbles a bit. Momentum investors in growth names are quick to sell.To offset the risk of high-growth companies like Tesla and SpaceX, Baron likes to hold potentially safer names like Arch Capital Group in insurance and reinsurance. Arch Capital’s stock looks reasonably priced at 1.5 times its $31.37 book value. Second-quarter insurance sector net premiums grew 27.5%, year over year. Baron thinks the stock could double in four or five years.","news_type":1},"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910127879,"gmtCreate":1663581740892,"gmtModify":1676537295127,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/3f9e880abd2549469fa884d32b4aea4e","width":"1284","height":"2325"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910127879","isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9937851143,"gmtCreate":1663399729382,"gmtModify":1676537266023,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/AAPL\">$Apple(AAPL)$</a><v-v data-views=\"1\"></v-v>","text":"$Apple(AAPL)$","images":[{"img":"https://community-static.tradeup.com/news/a053a104009fa17d0135dce898a2771a","width":"1284","height":"2325"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937851143","isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9935790642,"gmtCreate":1663131141987,"gmtModify":1676537211014,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/U\">$Unity Software Inc.(U)$</a><v-v data-views=\"1\"></v-v> Pray&nbsp;","listText":"<a href=\"https://ttm.financial/S/U\">$Unity Software Inc.(U)$</a><v-v data-views=\"1\"></v-v> Pray&nbsp;","text":"$Unity Software Inc.(U)$ Pray","images":[{"img":"https://community-static.tradeup.com/news/87fcbd03999398c6f888c5ca9730ca92","width":"1284","height":"2325"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935790642","isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9935440220,"gmtCreate":1663126689661,"gmtModify":1676537209986,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935440220","repostId":"2267503275","repostType":4,"repost":{"id":"2267503275","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":1663100861,"share":"https://www.laohu8.com/m/news/2267503275?lang=&edition=full","pubTime":"2022-09-14 04:27","market":"us","language":"en","title":"US STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data","url":"https://stock-news.laohu8.com/highlight/detail?id=2267503275","media":"Reuters","summary":"U.S. consumer prices rise unexpectedlyLikelihood grows of a 100 bp Fed rate hike in SeptIndexes slid","content":"<html><head></head><body><ul><li>U.S. consumer prices rise unexpectedly</li><li>Likelihood grows of a 100 bp Fed rate hike in Sept</li><li>Indexes slide: Dow 3.94%, S&amp;P 4.32%, Nasdaq 5.16%</li></ul><p>(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.</p><p>All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.</p><p>Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> weighing heaviest.</p><p>&#34;(The sell-off) is not a surprise given the rally running up to the data,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>The Labor Department&#39;s consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.</p><p>Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.</p><p>The report points to &#34;very persistent inflation and that means the Fed is going to remain engaged and raise rates,&#34; Nolte added. &#34;And that’s an anathema to equities.&#34;</p><p>Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC&#39;s policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME&#39;s FedWatch tool.</p><p>&#34;The Fed has increased (interest rates) by three full percentage points in the last six months,&#34; Nolte said. &#34;We have not yet felt the full impact of all those increases. But we will feel it.&#34;</p><p>&#34;We are at recession’s doorstep.&#34;</p><p>Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.</p><p>The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.</p><p>The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&amp;P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.</p><p>All 11 major sectors of the S&amp;P 500 ended the session deep in red territory.</p><p>Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.</p><p>Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>US STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Wall St Tumbles to Biggest Loss in Two Years Following CPI Data\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-14 04:27</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>U.S. consumer prices rise unexpectedly</li><li>Likelihood grows of a 100 bp Fed rate hike in Sept</li><li>Indexes slide: Dow 3.94%, S&amp;P 4.32%, Nasdaq 5.16%</li></ul><p>(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.</p><p>All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.</p><p>Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by <a href=\"https://laohu8.com/S/AAPL\">Apple Inc</a>, <a href=\"https://laohu8.com/S/MSFT\">Microsoft Corp</a> and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com Inc</a> weighing heaviest.</p><p>&#34;(The sell-off) is not a surprise given the rally running up to the data,&#34; said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.</p><p>The Labor Department&#39;s consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.</p><p>Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.</p><p>The report points to &#34;very persistent inflation and that means the Fed is going to remain engaged and raise rates,&#34; Nolte added. &#34;And that’s an anathema to equities.&#34;</p><p>Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC&#39;s policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME&#39;s FedWatch tool.</p><p>&#34;The Fed has increased (interest rates) by three full percentage points in the last six months,&#34; Nolte said. &#34;We have not yet felt the full impact of all those increases. But we will feel it.&#34;</p><p>&#34;We are at recession’s doorstep.&#34;</p><p>Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.</p><p>The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.</p><p>The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&amp;P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.</p><p>All 11 major sectors of the S&amp;P 500 ended the session deep in red territory.</p><p>Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.</p><p>Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2267503275","content_text":"U.S. consumer prices rise unexpectedlyLikelihood grows of a 100 bp Fed rate hike in SeptIndexes slide: Dow 3.94%, S&P 4.32%, Nasdaq 5.16%(Reuters) - A broad sell-off sent U.S. stocks reeling on Tuesday after a hotter-than-expected inflation report dashed hopes that the Federal Reserve could relent and scale back its policy tightening in the coming months.All three major U.S. stock indexes veered sharply lower, snapping four-day winning streaks and notching their biggest one-day percentage drops since June 2020 during the throes of the COVID-19 pandemic.Surging risk-off sentiment pulled every major sector deep into negative territory, with interest-rate-sensitive tech and tech-adjacent market leaders, led by Apple Inc, Microsoft Corp and Amazon.com Inc weighing heaviest.\"(The sell-off) is not a surprise given the rally running up to the data,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago.The Labor Department's consumer price index (CPI) came in above consensus, interrupting a cooling trend and throwing cold water on hopes that the Federal Reserve could relent after September and ease up on its interest rate hikes.Core CPI, which strips out volatile food and energy prices, increased more than expected, rising to 6.3% from 5.9% in July.The report points to \"very persistent inflation and that means the Fed is going to remain engaged and raise rates,\" Nolte added. \"And that’s an anathema to equities.\"Financial markets have fully priced in an interest rate hike of at least 75 basis points at the conclusion of the FOMC's policy meeting next week, with a 32% probability of a super-sized, full-percentage-point increase to the Fed funds target rate, according to CME's FedWatch tool.\"The Fed has increased (interest rates) by three full percentage points in the last six months,\" Nolte said. \"We have not yet felt the full impact of all those increases. But we will feel it.\"\"We are at recession’s doorstep.\"Worries persist that a prolonged period of policy tightening from the Fed could tip the economy over the brink of recession.The inversion of yields on two- and 10-year Treasury notes, regarded as a red flag of impending recession, widened further.The Dow Jones Industrial Average fell 1,276.37 points, or 3.94%, to 31,104.97, the S&P 500 lost 177.72 points, or 4.32%, to 3,932.69 and the Nasdaq Composite dropped 632.84 points, or 5.16%, to 11,633.57.All 11 major sectors of the S&P 500 ended the session deep in red territory.Communications services, consumer discretionary and tech shares all plummeted more than 5%, while the tech subset semiconductor sector sank 6.2%.Declining issues outnumbered advancing ones on the NYSE by a 7.76-to-1 ratio; on Nasdaq, a 3.64-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week high and 16 new lows; the Nasdaq Composite recorded 29 new highs and 163 new lows.Volume on U.S. exchanges was 11.58 billion shares, compared with the 10.33 billion average over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935165072,"gmtCreate":1663048249296,"gmtModify":1676537191413,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/RIVN 20220916 28.0 PUT\">$RIVN 20220916 28.0 PUT$</a>Just sharing&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/RIVN 20220916 28.0 PUT\">$RIVN 20220916 28.0 PUT$</a>Just sharing&nbsp;","text":"$RIVN 20220916 28.0 PUT$Just sharing","images":[{"img":"https://community-static.tradeup.com/news/cb07e811499d8ff07363622fef5ab444","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935165072","isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9935162467,"gmtCreate":1663048212059,"gmtModify":1676537191405,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935162467","repostId":"2267773293","repostType":2,"repost":{"id":"2267773293","pubTimestamp":1663047867,"share":"https://www.laohu8.com/m/news/2267773293?lang=&edition=full","pubTime":"2022-09-13 13:44","market":"us","language":"en","title":"Google Cancels Next Version of Pixelbook, Dissolves Computer Hardware Team","url":"https://stock-news.laohu8.com/highlight/detail?id=2267773293","media":"seekingalpha","summary":"Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has canceled the next version of its Pixelbook computer and has ","content":"<html><head></head><body><p>Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has canceled the next version of its Pixelbook computer and has closed down the team that was building it, The Verge reported.</p><p>The news outlet, citing a person familiar with the matter, noted that the new version of the Pixelbook was &#34;far along in development&#34; and was expected to be debuted next year. The Verge added that the new Pixelbook was dropped as a result of Google&#39;s cost cutting measures.</p><p>However, members of the team were not laid off and were transferred to other parts of the company, the Verge added.</p><p>Mountain View, California-based Google did not immediately respond to a request for comment from Seeking Alpha.</p><p>Google shares were fractionally lower in late-day trading on Monday.</p><p>Last week, Google CEO Sundar Pichai said he was looking to make the tech giant &#34;20% more productive,&#34; hinting that innovation, along with job reductions, may be needed.</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>Google Cancels Next Version of Pixelbook, Dissolves Computer Hardware Team</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\">\nGoogle Cancels Next Version of Pixelbook, Dissolves Computer Hardware Team\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-13 13:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3882108-google-cancels-next-version-of-pixelbook-dissolves-computer-hardware-team-report><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has canceled the next version of its Pixelbook computer and has closed down the team that was building it, The Verge reported.The news outlet, citing a person ...</p>\n\n<a href=\"https://seekingalpha.com/news/3882108-google-cancels-next-version-of-pixelbook-dissolves-computer-hardware-team-report\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://seekingalpha.com/news/3882108-google-cancels-next-version-of-pixelbook-dissolves-computer-hardware-team-report","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2267773293","content_text":"Google (NASDAQ:GOOG) (NASDAQ:GOOGL) has canceled the next version of its Pixelbook computer and has closed down the team that was building it, The Verge reported.The news outlet, citing a person familiar with the matter, noted that the new version of the Pixelbook was \"far along in development\" and was expected to be debuted next year. The Verge added that the new Pixelbook was dropped as a result of Google's cost cutting measures.However, members of the team were not laid off and were transferred to other parts of the company, the Verge added.Mountain View, California-based Google did not immediately respond to a request for comment from Seeking Alpha.Google shares were fractionally lower in late-day trading on Monday.Last week, Google CEO Sundar Pichai said he was looking to make the tech giant \"20% more productive,\" hinting that innovation, along with job reductions, may be needed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935185720,"gmtCreate":1663046421860,"gmtModify":1676537191080,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/RIVN 20220916 28.0 PUT\">$RIVN 20220916 28.0 PUT$</a>","listText":"<a href=\"https://ttm.financial/OPT/RIVN 20220916 28.0 PUT\">$RIVN 20220916 28.0 PUT$</a>","text":"$RIVN 20220916 28.0 PUT$","images":[{"img":"https://community-static.tradeup.com/news/a3e92b0b9890eeaa0884fdc173890d5b","width":"1284","height":"2403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935185720","isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9935185200,"gmtCreate":1663046344500,"gmtModify":1676537191064,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935185200","repostId":"1123305931","repostType":4,"repost":{"id":"1123305931","pubTimestamp":1663034832,"share":"https://www.laohu8.com/m/news/1123305931?lang=&edition=full","pubTime":"2022-09-13 10:07","market":"sg","language":"en","title":"Sembcorp Industries is Selling its Indian Energy Division for S$2.1 Billion: Can SCI’s Share Price Continue to Soar?","url":"https://stock-news.laohu8.com/highlight/detail?id=1123305931","media":"The Smart Investor","summary":"Sembcorp Industries Limited(SGX: U96), or SCI, made a surprise announcement last week.The utility gr","content":"<html><head></head><body><p><b>Sembcorp Industries Limited</b>(SGX: U96), or SCI, made a surprise announcement last week.</p><p>The utility group is selling its entire stake in Sembcorp Energy India Limited (SEIL) for a total sum of around S$2.06 billion to a consortium led by Oman Investment Corporation (OIC), the Ministry of Defence Pension Fund, Oman, and Dar Investment SPC.</p><p>SEIL is one of the largest independent power producers in India and operates two supercritical coal-fired power plants totalling 2.6 megawatts (MW).</p><p>This sale promises to strengthen SCI’s balance sheet.</p><p>Shares of the blue-chiputility company have already soared 67% year to date.</p><p>Can this transaction lead to a further share price boost?</p><p>We take a look at five highlights of this deal.</p><p><b>1. Accelerating the “brown to green” transformation</b></p><p>During SCI’sInvestor Daylast year, the group unveiled a bold plan to transform its portfolio from brown (i.e. legacy energy sources such as coal and oil) to green (renewable and/or sustainable energy).</p><p>The plan back then was to grow the profit contribution from its sustainable solutions portfolio from 40% to 70% by 2025.</p><p>With the sale of SEIL, SCI can now advance on many aspects of this long-term objective.</p><p>First off, greenhouse gas (GHG) emissions intensity will fall from fiscal 2021’s (FY2021) 0.51 tonnes of carbon dioxide equivalent per megawatt hour (tCO2e/MWh) to just 0.32, already surpassing its 2025’s target of 0.4.</p><p>Furthermore, its absolute GHG emissions will fall sharply from 26.2 million tCO2e to 10.4 million.</p><p>For context, SCI’s 2030 target is to reduce GHG emissions to 2.7 million tCO2e and to hit net zero by 2050.</p><p>Meanwhile, this transaction will also bump up its total renewables capacity to around half of the total group capacity, and increase the net profit contribution from sustainable solutions to 31%, up from the current one-quarter.</p><p><b>2. A stronger balance sheet</b></p><p>The divestment will also strengthen SCI’s balance sheet by reducing its total debt level.</p><p>The group estimates that its total debt will fall from S$8.7 billion as of 30 June 2022 to S$7.1 billion as SEIL is deconsolidated from its books.</p><p>As a result, SCI’s leverage ratios are expected to improve.</p><p>Debt to EBITDA (earnings before interest, taxes, depreciation and amortisation) will dip from five times to 4.9 times while EBITDA interest cover will rise from 5.1 times to 6.3 times.</p><p>A higher EBITDA interest cover implies that SCI is better able to service its debt obligations.</p><p>SCI’s debt to capitalisation ratio will also fall from 0.66 times to 0.62 times post-transaction.</p><p><b>3. Settlement using a deferred payment note</b></p><p>The purchaser of SEIL will settle the total purchase price using a deferred payment note (DPN).</p><p>The DPN is a facility set up by the wholly-owned unit of SCI, Sembcorp Utilities Pte Ltd.</p><p>This DPN will bear interest at a rate of 1.8% plus the benchmark Indian government 10-year bond yield spot rate, minus a GHG emissions intensity reduction incentive rate.</p><p>The current Indian government 10-year bond yield is around 7.2%.</p><p>The incentive rate is capped at 1.8%, which means SCI’s DPN will enjoy an interest rate equivalent to 7.2% or higher on this transaction.</p><p><b>4. Slightly weaker financial metrics</b></p><p>The sale of SEIL is at an implied price-to-book ratio of one time, implying that SCI is not selling this asset at a discount to its book value.</p><p>However, as SEIL’s profit contribution will be deconsolidated from SCI’s books, there is a slight negative impact on net profit and net asset value (NAV).</p><p>Net profit for the first half of 2022 (1H2022) will fall from S$490 million to S$468 million while NAV will dip from S$4.2 billion to S$4.18 billion.</p><p><b>5. A trusted long-term partner</b></p><p>SEIL will be in good hands as OIC is a leading private equity investment company with a strong track record.</p><p>OIC’s track record of investments covers a wide range of industries such as energy and infrastructure, healthcare, and real estate and logistics.</p><p>OIC will own 70% of the consortium and SCI had partnered with OIC to jointly develop and operate the Salalah Independent Power and Water Plant back in 2009.</p><p><b>Get Smart: Killing two birds with one stone</b></p><p>The sale of SEIL is overall positive for SCI as it allows the group to kill two birds with one stone.</p><p>The transaction will allow SCI to accelerate its Investor Day objective to increase its share of sustainable solutions.</p><p>At the same time, the group’s balance sheet metrics will also improve.</p><p>Investors can rejoice as this move shows management’s commitment to advancing its strategic goals as part of SCI’s ongoing transformation.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sembcorp Industries is Selling its Indian Energy Division for S$2.1 Billion: Can SCI’s Share Price Continue to Soar?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSembcorp Industries is Selling its Indian Energy Division for S$2.1 Billion: Can SCI’s Share Price Continue to Soar?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-13 10:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/sembcorp-industries-is-selling-its-indian-energy-division-for-s2-1-billion-can-scis-share-price-continue-to-soar/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sembcorp Industries Limited(SGX: U96), or SCI, made a surprise announcement last week.The utility group is selling its entire stake in Sembcorp Energy India Limited (SEIL) for a total sum of around S$...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/sembcorp-industries-is-selling-its-indian-energy-division-for-s2-1-billion-can-scis-share-price-continue-to-soar/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U96.SI":"胜科工业"},"source_url":"https://thesmartinvestor.com.sg/sembcorp-industries-is-selling-its-indian-energy-division-for-s2-1-billion-can-scis-share-price-continue-to-soar/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123305931","content_text":"Sembcorp Industries Limited(SGX: U96), or SCI, made a surprise announcement last week.The utility group is selling its entire stake in Sembcorp Energy India Limited (SEIL) for a total sum of around S$2.06 billion to a consortium led by Oman Investment Corporation (OIC), the Ministry of Defence Pension Fund, Oman, and Dar Investment SPC.SEIL is one of the largest independent power producers in India and operates two supercritical coal-fired power plants totalling 2.6 megawatts (MW).This sale promises to strengthen SCI’s balance sheet.Shares of the blue-chiputility company have already soared 67% year to date.Can this transaction lead to a further share price boost?We take a look at five highlights of this deal.1. Accelerating the “brown to green” transformationDuring SCI’sInvestor Daylast year, the group unveiled a bold plan to transform its portfolio from brown (i.e. legacy energy sources such as coal and oil) to green (renewable and/or sustainable energy).The plan back then was to grow the profit contribution from its sustainable solutions portfolio from 40% to 70% by 2025.With the sale of SEIL, SCI can now advance on many aspects of this long-term objective.First off, greenhouse gas (GHG) emissions intensity will fall from fiscal 2021’s (FY2021) 0.51 tonnes of carbon dioxide equivalent per megawatt hour (tCO2e/MWh) to just 0.32, already surpassing its 2025’s target of 0.4.Furthermore, its absolute GHG emissions will fall sharply from 26.2 million tCO2e to 10.4 million.For context, SCI’s 2030 target is to reduce GHG emissions to 2.7 million tCO2e and to hit net zero by 2050.Meanwhile, this transaction will also bump up its total renewables capacity to around half of the total group capacity, and increase the net profit contribution from sustainable solutions to 31%, up from the current one-quarter.2. A stronger balance sheetThe divestment will also strengthen SCI’s balance sheet by reducing its total debt level.The group estimates that its total debt will fall from S$8.7 billion as of 30 June 2022 to S$7.1 billion as SEIL is deconsolidated from its books.As a result, SCI’s leverage ratios are expected to improve.Debt to EBITDA (earnings before interest, taxes, depreciation and amortisation) will dip from five times to 4.9 times while EBITDA interest cover will rise from 5.1 times to 6.3 times.A higher EBITDA interest cover implies that SCI is better able to service its debt obligations.SCI’s debt to capitalisation ratio will also fall from 0.66 times to 0.62 times post-transaction.3. Settlement using a deferred payment noteThe purchaser of SEIL will settle the total purchase price using a deferred payment note (DPN).The DPN is a facility set up by the wholly-owned unit of SCI, Sembcorp Utilities Pte Ltd.This DPN will bear interest at a rate of 1.8% plus the benchmark Indian government 10-year bond yield spot rate, minus a GHG emissions intensity reduction incentive rate.The current Indian government 10-year bond yield is around 7.2%.The incentive rate is capped at 1.8%, which means SCI’s DPN will enjoy an interest rate equivalent to 7.2% or higher on this transaction.4. Slightly weaker financial metricsThe sale of SEIL is at an implied price-to-book ratio of one time, implying that SCI is not selling this asset at a discount to its book value.However, as SEIL’s profit contribution will be deconsolidated from SCI’s books, there is a slight negative impact on net profit and net asset value (NAV).Net profit for the first half of 2022 (1H2022) will fall from S$490 million to S$468 million while NAV will dip from S$4.2 billion to S$4.18 billion.5. A trusted long-term partnerSEIL will be in good hands as OIC is a leading private equity investment company with a strong track record.OIC’s track record of investments covers a wide range of industries such as energy and infrastructure, healthcare, and real estate and logistics.OIC will own 70% of the consortium and SCI had partnered with OIC to jointly develop and operate the Salalah Independent Power and Water Plant back in 2009.Get Smart: Killing two birds with one stoneThe sale of SEIL is overall positive for SCI as it allows the group to kill two birds with one stone.The transaction will allow SCI to accelerate its Investor Day objective to increase its share of sustainable solutions.At the same time, the group’s balance sheet metrics will also improve.Investors can rejoice as this move shows management’s commitment to advancing its strategic goals as part of SCI’s ongoing transformation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935185387,"gmtCreate":1663046232649,"gmtModify":1676537191040,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla 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ETF(TQQQ)$","images":[{"img":"https://community-static.tradeup.com/news/4e11928bf091b7192ca022bf60287cbe","width":"1284","height":"2325"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936589632","isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9936589304,"gmtCreate":1662782013508,"gmtModify":1676537140530,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/BIG 20220916 20.0 PUT\">$BIG 20220916 20.0 PUT$</a>Just sharing","listText":"<a href=\"https://ttm.financial/OPT/BIG 20220916 20.0 PUT\">$BIG 20220916 20.0 PUT$</a>Just sharing","text":"$BIG 20220916 20.0 PUT$Just sharing","images":[{"img":"https://community-static.tradeup.com/news/618cf8b32854b08b8b21fcf4be643525","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936589304","isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9938659743,"gmtCreate":1662603229782,"gmtModify":1676537098860,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/OPT/BIG 20220916 20.0 PUT\">$BIG 20220916 20.0 PUT$</a> Just sharing&nbsp;","listText":"<a href=\"https://ttm.financial/OPT/BIG 20220916 20.0 PUT\">$BIG 20220916 20.0 PUT$</a> Just sharing&nbsp;","text":"$BIG 20220916 20.0 PUT$ Just sharing","images":[{"img":"https://community-static.tradeup.com/news/f91125a21f43fecff46e770919abb595","width":"1284","height":"2403"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938659743","isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9938650315,"gmtCreate":1662603060338,"gmtModify":1676537098794,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sad&nbsp;","listText":"Sad&nbsp;","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938650315","repostId":"1152990208","repostType":2,"repost":{"id":"1152990208","pubTimestamp":1662592290,"share":"https://www.laohu8.com/m/news/1152990208?lang=&edition=full","pubTime":"2022-09-08 07:11","market":"us","language":"en","title":"Inside Bed Bath & Beyond, Concerns Over Mounting Stress for CFO","url":"https://stock-news.laohu8.com/highlight/detail?id=1152990208","media":"The Wall Street Journal","summary":"The retailer’s leaders thought finance chief Gustavo Arnal was overwhelmed; Arnal had discussed taki","content":"<html><head></head><body><p>The retailer’s leaders thought finance chief Gustavo Arnal was overwhelmed; Arnal had discussed taking a break before he died</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/42f6129d25b28ae0e1c1cb55c29cc08c\" tg-width=\"1290\" tg-height=\"860\" width=\"100%\" height=\"auto\"/><span>Bed Bath &amp; Beyond board members didn’t want to change finance chiefs while the company was raising money.</span></p><p>In the weeks before Gustavo Arnal took his own life, there was growing concern among Bed Bath &amp; Beyond Inc. officials and directors over the demands being placed on the chief financial officer and the stress of the intensifying financial crisis at the home-goods chain, according to people familiar with the matter.</p><p>Sue Gove, a board member who had taken over as interim chief executive officer in June, and some other board members thought Mr. Arnal was overwhelmed but didn’t want to replace the finance chief while the embattled retailer was in the midst of raising money, the people said.</p><p>Mr. Arnal told people that he was stressed, his friends said. He was putting in 18-hour days while he worked on the company’s restructuring plans. He was also inundated with emails from individual investors and plaintiffs’ lawyers questioning an August sale of some of his holdings in Bed Bath &amp; Beyond, the people said.</p><p>Mr. Arnal was discussing with the company the possibility of taking a break, the people said. Company officials had calls about the topic before the Labor Day weekend and planned to pick up the discussions after the holiday, some of the people said.</p><p>On the morning of Aug. 31, Ms. Gove, Mr. Arnal and other executives announced that they had secured fresh financing and briefed investors on a major restructuring. Two days later, Mr. Arnal died from a fall at the 57-story New York City skyscraper where he lived with his wife, police said. The medical examiner determined it was a suicide.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b93eddd419b0fe8280b921863161d010\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"/><span>Police said Mr. Arnal died from a fall at the New York City skyscraper where he lived.</span></p><p>His death and a shareholder’s lawsuit alleging wrongdoing at the company have become tabloid fodder. The company is investigating and reviewing Mr. Arnal’s emails; company officials have seen no evidence of fraud or wrongdoing, some of the people said.</p><p>The company has said that the suit is meritless and staff are mourning the loss of their colleague. Mr. Arnal’s family didn’t respond to requests for comment.</p><p>“I could see the stress on him,” saidJan Zijderveld, the former chief executive of Avon Products, who had dinner with Mr. Arnal and his wife six weeks ago at a rooftop restaurant in Manhattan.</p><p>Mr. Arnal was upbeat and animated throughout the meal, which stretched past 1 a.m., Mr. Zijderveld said. His friend said he was under pressure at work but didn’t discuss the details, said Mr. Zijderveld. “He’s the sort of guy who carries the world on his shoulders,” he said.</p><p><img src=\"https://static.tigerbbs.com/4ef3df610b6807b12fac195b08c14142\" tg-width=\"458\" tg-height=\"562\" width=\"100%\" height=\"auto\"/></p><p>Bed Bath &amp; Beyond has about 800 stores around the U.S. The chain boasted 27 straight years of growth until 2019, when it started to lose customers to online shopping. That year,its founders and leaders were ousted by activist investors.</p><p>The company has since been reeling from a failed turnaround strategy that left it with too much inventory, evaporating profits and a shrinking cash pile. The architect of the strategy, former CEO Mark Tritton, left in June, followed by other senior executives he had recruited to the company. Gone are the chief operating officer, chief merchant and chief accounting officer. Mr. Tritton declined to comment this week.</p><p>Mr. Arnal, who started at the company in May 2020, was one of the few members of Mr. Tritton’s leadership team to keep his role this year. He was a polished finance executive who had spent two decades at Procter &amp; Gamble Co. and worked several years in London as chief financial officer for Avon and in a senior finance role at Walgreens Boots Alliance.</p><p>By the time Mr. Arnal arrived, Bed Bath &amp; Beyond was in trouble. Its market value, which peaked above $17 billion in 2012, had shriveled to under $1 billion. The company’s business was upended by the Covid-19 pandemic: Stores were shut and supplies disrupted. Then it got caught up in the meme-stock mania, during which individual investors chased companies that Wall Street had left for dead.</p><p>Ryan Cohen, the billionaire co-founder of online retailer Chewy Inc. and an activist investor, unveiled a stake in Bed Bath &amp; Beyond in March 2022 and called on the company to streamline its strategy and explore strategic alternatives. Bed Bath &amp; Beyond quickly reached an agreement and added new board members. The shares took a hit in mid-August when Mr. Cohen revealed that he had unloaded his entire stake.</p><p>That coincided with a stock sale by Mr. Arnal. On Aug. 16, the CFO sold about $1.4 million of his Bed Bath &amp; Beyond shares when the price briefly jumped above $20, according to a securities filing. The filing said the sales were made automatically under a prearranged plan that he had set up in April 2022. Such trading plans are commonly used by insiders to sell shares at predetermined prices or dates. Following the sale, Mr. Arnal still owned about 255,000 shares then worth about $5 million, according to the filing.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c1a83c87c6ac5da15aa03d04da36358a\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"/><span>A failed turnaround strategy at Bed Bath &amp; Beyond has left it with too much inventory, evaporating profits and a shrinking cash pile.</span></p><p>The 52-year-old told colleagues he was stressed from the attention that his stock sale generated, saying that people and some media outlets misinterpreted it and didn’t acknowledge that it was preplanned, said the people familiar with the matter.</p><p>On Aug. 23, he was named as a defendant in a shareholder’s suit, along with the company, a bank and Mr. Cohen. The lawsuit, seeking class-action status, was filed by an attorney in Washington, D.C., namedPengcheng Siclaiming about $100,000 in losses on his Bed Bath &amp; Beyond investment.</p><p>The suit alleged that Mr. Arnal and Mr. Cohen conspired to inflate the company’s share price. No evidence is offered in the 24-page lawsuit about conversations the suit alleged between Mr. Arnal and Mr. Cohen or how Mr. Si allegedly learned about them.</p><p>Mr. Cohen has previously declined to comment, and Mr. Arnal hadn’t responded to the suit before his death. Mr. Si declined to comment on the litigation and said in an email Wednesday that he wished to extend condolences to Mr. Arnal’s family.</p><p>Records show that Messrs. Cohen and Arnal had no direct communications and interacted only on conference calls that included other executives, according to some of the people familiar with the matter.</p><p>On a conference call last week, Mr. Arnal spoke carefully and calmly as he outlined plans to cut about 20% of corporate and supply-chain staff and close a fifth of the company’s namesake stores. He said that he had secured financing that would give the company about $500 million in additional liquidity and that he was still working to close the books on the quarter ended Aug. 27.</p><p>Seth Basham, an analyst at Wedbush Securities, who spoke with Mr. Arnal after the call, said it was business as usual. “There was nothing out of the ordinary,” he said.</p><p>Mr. Arnal grew up in Venezuela. His family was relatively poor and, at around 18 years old, he started importing trucks and selling them to locals at a profit, according to Mr. Zijderveld. He used the proceeds to pay for college, he said. Mr. Arnal got an undergraduate degree in mechanical engineering and a masters in finance from universities in Venezuela, according to his LinkedIn profile, and then joined P&amp;G.</p><p>At P&amp;G, he was known as a demanding boss with high standards and integrity, said Brian Cullen, who worked with Mr. Arnal at the consumer-products giant and is now an executive at Lithko Contracting LLC. “You should always present the facts,” Mr. Cullen recalls Mr. Arnal teaching him. “Finance people don’t sell.”</p><p>Mr. Arnal worked at P&amp;G for over 20 years, holding senior finance roles in the U.S. and Europe, before joining Walgreens Boots Alliance in 2017. He left Walgreens a year later. He had hoped to become finance chief of Walgreens’ Boots U.K. pharmacy chain, but the company hired a new finance chief shortly after Mr. Arnal joined, people familiar with the matter said.</p><p>At Avon, Mr. Arnal was intense, even by the standards of typically driven senior executives. “It was 24/7, ‘Let’s fix this thing,’” said Mr. Zijderveld, who recruited him to help with a turnaround of the beauty-products seller. “He was full of intensity. This is not a half-measure kind of guy.”</p><p>Mr. Arnal often put in long hours, then stayed out late with friends, and relished time with his wife and two adult daughters, both of whom now live in London, Mr. Zijderveld said.</p><p>The two executives worked together until Avon was acquired in early 2020. Mr. Zijderveld said he considers Mr. Arnal’s tenure to be a success. After the acquisition, Mr. Arnal wanted to be CFO of a big U.S. company, he said.</p><p>A few months later, Mr. Arnal landed the job at Bed Bath &amp; Beyond.</p></body></html>","source":"wsj_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Inside Bed Bath & Beyond, Concerns Over Mounting Stress for CFO</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\">\nInside Bed Bath & Beyond, Concerns Over Mounting Stress for CFO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-08 07:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/inside-bed-bath-beyond-concerns-over-mounting-stress-for-cfo-11662589539?mod=hp_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The retailer’s leaders thought finance chief Gustavo Arnal was overwhelmed; Arnal had discussed taking a break before he diedBed Bath & Beyond board members didn’t want to change finance chiefs while ...</p>\n\n<a href=\"https://www.wsj.com/articles/inside-bed-bath-beyond-concerns-over-mounting-stress-for-cfo-11662589539?mod=hp_lead_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.wsj.com/articles/inside-bed-bath-beyond-concerns-over-mounting-stress-for-cfo-11662589539?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152990208","content_text":"The retailer’s leaders thought finance chief Gustavo Arnal was overwhelmed; Arnal had discussed taking a break before he diedBed Bath & Beyond board members didn’t want to change finance chiefs while the company was raising money.In the weeks before Gustavo Arnal took his own life, there was growing concern among Bed Bath & Beyond Inc. officials and directors over the demands being placed on the chief financial officer and the stress of the intensifying financial crisis at the home-goods chain, according to people familiar with the matter.Sue Gove, a board member who had taken over as interim chief executive officer in June, and some other board members thought Mr. Arnal was overwhelmed but didn’t want to replace the finance chief while the embattled retailer was in the midst of raising money, the people said.Mr. Arnal told people that he was stressed, his friends said. He was putting in 18-hour days while he worked on the company’s restructuring plans. He was also inundated with emails from individual investors and plaintiffs’ lawyers questioning an August sale of some of his holdings in Bed Bath & Beyond, the people said.Mr. Arnal was discussing with the company the possibility of taking a break, the people said. Company officials had calls about the topic before the Labor Day weekend and planned to pick up the discussions after the holiday, some of the people said.On the morning of Aug. 31, Ms. Gove, Mr. Arnal and other executives announced that they had secured fresh financing and briefed investors on a major restructuring. Two days later, Mr. Arnal died from a fall at the 57-story New York City skyscraper where he lived with his wife, police said. The medical examiner determined it was a suicide.Police said Mr. Arnal died from a fall at the New York City skyscraper where he lived.His death and a shareholder’s lawsuit alleging wrongdoing at the company have become tabloid fodder. The company is investigating and reviewing Mr. Arnal’s emails; company officials have seen no evidence of fraud or wrongdoing, some of the people said.The company has said that the suit is meritless and staff are mourning the loss of their colleague. Mr. Arnal’s family didn’t respond to requests for comment.“I could see the stress on him,” saidJan Zijderveld, the former chief executive of Avon Products, who had dinner with Mr. Arnal and his wife six weeks ago at a rooftop restaurant in Manhattan.Mr. Arnal was upbeat and animated throughout the meal, which stretched past 1 a.m., Mr. Zijderveld said. His friend said he was under pressure at work but didn’t discuss the details, said Mr. Zijderveld. “He’s the sort of guy who carries the world on his shoulders,” he said.Bed Bath & Beyond has about 800 stores around the U.S. The chain boasted 27 straight years of growth until 2019, when it started to lose customers to online shopping. That year,its founders and leaders were ousted by activist investors.The company has since been reeling from a failed turnaround strategy that left it with too much inventory, evaporating profits and a shrinking cash pile. The architect of the strategy, former CEO Mark Tritton, left in June, followed by other senior executives he had recruited to the company. Gone are the chief operating officer, chief merchant and chief accounting officer. Mr. Tritton declined to comment this week.Mr. Arnal, who started at the company in May 2020, was one of the few members of Mr. Tritton’s leadership team to keep his role this year. He was a polished finance executive who had spent two decades at Procter & Gamble Co. and worked several years in London as chief financial officer for Avon and in a senior finance role at Walgreens Boots Alliance.By the time Mr. Arnal arrived, Bed Bath & Beyond was in trouble. Its market value, which peaked above $17 billion in 2012, had shriveled to under $1 billion. The company’s business was upended by the Covid-19 pandemic: Stores were shut and supplies disrupted. Then it got caught up in the meme-stock mania, during which individual investors chased companies that Wall Street had left for dead.Ryan Cohen, the billionaire co-founder of online retailer Chewy Inc. and an activist investor, unveiled a stake in Bed Bath & Beyond in March 2022 and called on the company to streamline its strategy and explore strategic alternatives. Bed Bath & Beyond quickly reached an agreement and added new board members. The shares took a hit in mid-August when Mr. Cohen revealed that he had unloaded his entire stake.That coincided with a stock sale by Mr. Arnal. On Aug. 16, the CFO sold about $1.4 million of his Bed Bath & Beyond shares when the price briefly jumped above $20, according to a securities filing. The filing said the sales were made automatically under a prearranged plan that he had set up in April 2022. Such trading plans are commonly used by insiders to sell shares at predetermined prices or dates. Following the sale, Mr. Arnal still owned about 255,000 shares then worth about $5 million, according to the filing.A failed turnaround strategy at Bed Bath & Beyond has left it with too much inventory, evaporating profits and a shrinking cash pile.The 52-year-old told colleagues he was stressed from the attention that his stock sale generated, saying that people and some media outlets misinterpreted it and didn’t acknowledge that it was preplanned, said the people familiar with the matter.On Aug. 23, he was named as a defendant in a shareholder’s suit, along with the company, a bank and Mr. Cohen. The lawsuit, seeking class-action status, was filed by an attorney in Washington, D.C., namedPengcheng Siclaiming about $100,000 in losses on his Bed Bath & Beyond investment.The suit alleged that Mr. Arnal and Mr. Cohen conspired to inflate the company’s share price. No evidence is offered in the 24-page lawsuit about conversations the suit alleged between Mr. Arnal and Mr. Cohen or how Mr. Si allegedly learned about them.Mr. Cohen has previously declined to comment, and Mr. Arnal hadn’t responded to the suit before his death. Mr. Si declined to comment on the litigation and said in an email Wednesday that he wished to extend condolences to Mr. Arnal’s family.Records show that Messrs. Cohen and Arnal had no direct communications and interacted only on conference calls that included other executives, according to some of the people familiar with the matter.On a conference call last week, Mr. Arnal spoke carefully and calmly as he outlined plans to cut about 20% of corporate and supply-chain staff and close a fifth of the company’s namesake stores. He said that he had secured financing that would give the company about $500 million in additional liquidity and that he was still working to close the books on the quarter ended Aug. 27.Seth Basham, an analyst at Wedbush Securities, who spoke with Mr. Arnal after the call, said it was business as usual. “There was nothing out of the ordinary,” he said.Mr. Arnal grew up in Venezuela. His family was relatively poor and, at around 18 years old, he started importing trucks and selling them to locals at a profit, according to Mr. Zijderveld. He used the proceeds to pay for college, he said. Mr. Arnal got an undergraduate degree in mechanical engineering and a masters in finance from universities in Venezuela, according to his LinkedIn profile, and then joined P&G.At P&G, he was known as a demanding boss with high standards and integrity, said Brian Cullen, who worked with Mr. Arnal at the consumer-products giant and is now an executive at Lithko Contracting LLC. “You should always present the facts,” Mr. Cullen recalls Mr. Arnal teaching him. “Finance people don’t sell.”Mr. Arnal worked at P&G for over 20 years, holding senior finance roles in the U.S. and Europe, before joining Walgreens Boots Alliance in 2017. He left Walgreens a year later. He had hoped to become finance chief of Walgreens’ Boots U.K. pharmacy chain, but the company hired a new finance chief shortly after Mr. Arnal joined, people familiar with the matter said.At Avon, Mr. Arnal was intense, even by the standards of typically driven senior executives. “It was 24/7, ‘Let’s fix this thing,’” said Mr. Zijderveld, who recruited him to help with a turnaround of the beauty-products seller. “He was full of intensity. This is not a half-measure kind of guy.”Mr. Arnal often put in long hours, then stayed out late with friends, and relished time with his wife and two adult daughters, both of whom now live in London, Mr. Zijderveld said.The two executives worked together until Avon was acquired in early 2020. Mr. Zijderveld said he considers Mr. Arnal’s tenure to be a success. After the acquisition, Mr. Arnal wanted to be CFO of a big U.S. company, he said.A few months later, Mr. Arnal landed the job at Bed Bath & Beyond.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931759644,"gmtCreate":1662513768688,"gmtModify":1676537077256,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931759644","repostId":"2265403013","repostType":4,"repost":{"id":"2265403013","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":1662521565,"share":"https://www.laohu8.com/m/news/2265403013?lang=&edition=full","pubTime":"2022-09-07 11:32","market":"us","language":"en","title":"What Is Expected at Apple's \"Far Out\" Fall Event?","url":"https://stock-news.laohu8.com/highlight/detail?id=2265403013","media":"Reuters","summary":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other prod","content":"<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</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>What Is Expected at Apple's \"Far Out\" Fall Event?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Is Expected at Apple's \"Far Out\" Fall Event?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-07 11:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265403013","content_text":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.The event, \"Far Out\", will begin at 1700 GMT at the Steve Jobs Theater in Apple's headquarters in Cupertino, California. It is the company's first indoor event since the pandemic.Based on reports, here are some of the expected announcements:IPHONE 14Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.The \"mini\" version of the iPhone may be discontinued, according to reports.Pricing and bundling options for Apple's flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.\"Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,\" BofA Securities analyst Wamsi Mohan said.SATELLITE NETWORK CONNECTIVITYSatellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple's product launches.The possible feature would allow users to send emergency text messages in situations where they are without a network.APPLE WATCHThe Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.The company may also launch a Pro version of the Watch.AIRPODS PRO 2The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.Some reports suggest the case could have a type-C port.AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.\"There could be some clues around a new AR/VR product although unlikely to be launched before 2023,\" BofA Securities' Mohan said.Here is a list of Apple launches at previous events:Past EventsDateProducts launchedWorldwide Developer's ConferenceJune 6, 2022MacBooks with M2 chip\"Peak Performance\"March 8, 2022iPhone SE, iPad Air, Mac Studio, Studio Display,\"Unleashed\"Oct. 18, 2021MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen\"California Streaming\"Sept. 14, 2021iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7\"Spring Loaded\"April 20, 2021iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purpleAlso Read: Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?  Source: MarketWatchApple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&P 500 index has fallen 16.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931629348,"gmtCreate":1662452242784,"gmtModify":1676537063165,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"May he rip&nbsp;","listText":"May he rip&nbsp;","text":"May he rip","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931629348","repostId":"1168842758","repostType":2,"isVote":1,"tweetType":1,"viewCount":36,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9072226754,"gmtCreate":1658042941778,"gmtModify":1676536098133,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow&nbsp;","listText":"Wow&nbsp;","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072226754","repostId":"2251415343","repostType":2,"repost":{"id":"2251415343","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":1658019535,"share":"https://www.laohu8.com/m/news/2251415343?lang=&edition=full","pubTime":"2022-07-17 08:58","market":"us","language":"en","title":"Elon Musk's Inner Circle Rocked by Fight Over His $230 Billion Fortune","url":"https://stock-news.laohu8.com/highlight/detail?id=2251415343","media":"Dow Jones","summary":"Late last year, Jared Birchall cornered his boss, Elon Musk.Mr. Birchall, a straight-laced, 48-year-","content":"<html><head></head><body><p>Late last year, Jared Birchall cornered his boss, Elon Musk.</p><p>Mr. Birchall, a straight-laced, 48-year-old wealth manager who rose to become Mr. Musk&#39;s top deputy and the head of his family office, had growing concerns about a new power player in the Tesla Inc. CEO&#39;s orbit.</p><p>Mr. Musk was increasingly relying on a new adviser, a 34-year-old, Russian-born ex-professional gambler named Igor Kurganov. Mr. Kurganov spent some of the pandemic sleeping in Mr. Musk&#39;s home, where they chatted late into the night about how the world&#39;s richest person might use his fortune to help shape the planet through a giving strategy known as &#34;effective altruism.&#34;</p><p>Mr. Kurganov had no experience in finance or security but was suddenly a central figure in both areas for Mr. Musk. He had moved from London to Texas and replaced some of Mr. Musk&#39;s protection detail with new hires of his own. Not long after, the Tesla CEO told Mr. Birchall that he was so taken by the younger man&#39;s ideas that he wanted to leave him in charge of his charitable giving, dispersing funds from Mr. Musk&#39;s vast private fortune, currently around $230 billion, as he saw fit.</p><p>&#34;Elon,&#34; Mr. Birchall told his boss, according to three people briefed afterward. &#34;You can&#39;t.&#34;</p><p>The clash between the two men, and their dueling efforts to gain the upper hand with Mr. Musk, provides a peek into the often tumultuous private workings of Mr. Musk&#39;s inner circle. As Mr. Musk&#39;s breakneck, $44 billion bid for Twitter shows, the entrepreneur can be prone to quick decisions, ones that he can reverse just as quickly as he makes them. That deal is now in peril, with Mr. Musk trying to walk away and Twitter suing him to complete it.</p><p>All the while he is egged on by a rotating crew of investors, underlings and ever-changing friends whose power and personal wealth is closely tied to their proximity to Mr. Musk, according to people who do business with him.</p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> men in particular have pulled the Tesla CEO in opposing directions.</p><p>Mr. Birchall is an Eagle Scout and practicing Mormon who doesn&#39;t smoke or drink and grew up traveling California as part of a song-and-dance troupe called &#34;The Birchall Family Singers.&#34; He declined to be interviewed through a representative of Mr. Musk&#39;s foundation.</p><p>Mr. Kurganov is a high-roller with a reported more than $18 million in poker winnings, with long hair and beard and a peaceful demeanor. He has said in a podcast interview that he dropped out of college because he was smoking too much marijuana. He didn&#39;t respond to requests for comment.</p><p>Last winter, Mr. Musk came to a compromise between the two. He allowed Mr. Kurganov to oversee $5.7 billion in Tesla shares that the CEO pledged late last year to eventually donate to charity. The rest of Mr. Musk&#39;s overall fortune remained under Mr. Birchall&#39;s purview.</p><p>That decision wasn&#39;t, however, the end of the fracas.</p><p>This account is based on interviews with more than a dozen people close to Messrs. Musk, Birchall and Kurganov, including associates of the Musk Foundation and investors.</p><h2>Ultimate fixer</h2><p>For a man of immense resources, Mr. Musk is a minnow in the world of big-dollar philanthropy. Compared with other magnates such as Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founder Jeff Bezos, whose wealth, like Mr. Musk&#39;s, is tied up in shares of their companies, Mr. Musk has said little concrete about his approach to giving. He didn&#39;t respond to requests for comment.</p><p>Mr. Musk&#39;s personal foundation gave away $23.6 million in fiscal 2020, the most recent year for which data is available, filings show. That represented roughly 0.02% of his net worth as of the end of that year, according to Forbes rankings.</p><p>Though Mr. Musk is known to favor his own counsel most of all, the man in charge of his foundation since 2016 has been Mr. Birchall, one of the longest standing in his inner circle.</p><p>The alliance reflects Mr. Birchall&#39;s role as the ultimate fixer for Mr. Musk, taking care of matters large and small. In addition to handling billions in assets, Mr. Birchall in 2018 under a pseudonym registered the website www.justballs.com, for example, after Mr. Musk mused online that he might want to own the domain name someday, legal documents show.</p><p>Mr. Birchall entered the technology world through finance. After his brief singing stint with his siblings -- he is one of 11 children -- he attended Brigham Young University.</p><p>He then spent a year at Merrill Lynch, where he was discharged for what the firm described in a filing as &#34;sending correspondence to a client without management approval.&#34;</p><p>Mr. Birchall eventually moved into private wealth and crossed paths with Mr. Musk about a decade ago while working as a client adviser in <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>&#39;s southern California offices. There, he impressed Mr. Musk by helping arrange hundreds of millions of dollars of loans from the investment bank at a time when the Tesla co-founder was strapped for cash, a person close to Mr. Musk says. When Mr. Musk started a private firm to manage his own money roughly six years ago, he tapped Mr. Birchall to run it.</p><p>Mr. Birchall&#39;s work for Mr. Musk has at times led him into strange public controversies and lawsuits. After a British spelunker criticized Mr. Musk&#39;s offer to help rescue a youth soccer team trapped in a flooded Thailand cave in 2018, Mr. Birchall created a fake email address under the name &#34;James Brickhouse&#34; to hire a private investigator to investigate the man, according to court documents.</p><p>Mr. Musk subsequently called the man &#34;pedo guy&#34; in a tweet, though he later apologized and said it was a joking taunt. The spelunker unsuccessfully sued Mr. Musk for defamation in a Los Angeles federal court.</p><p>In addition to his role helping manage Mr. Musk&#39;s fortune, Mr. Birchall is also a director of his tunneling startup, Boring Co., and chief executive officer of Mr. Musk&#39;s Neuralink, which aims to make a brain implant that could be used by quadriplegic patients to control a computer or other devices.</p><p>When Mr. Musk announced in 2020 he would move from California to Texas, Mr. Birchall moved his family there, too. He has since become the closest thing Mr. Musk has to a public face in the Texas capital, handling business and attending events on Mr. Musk&#39;s behalf.</p><p>&#34;No one else you reach out to who is close to Elon is going to return your calls,&#34; says Tyson Tuttle, former chief executive of Austin semiconductor manufacturer Silicon Labs.</p><h2>&#39;Make big moves&#39;</h2><p>Mr. Kurganov first became friendly with Mr. Musk socially.</p><p>Born in Russia but raised in Germany from age 4 by parents who were engineers by trade, Mr. Kurganov grew up in a working class, immigrant household, according to an interview he gave to the Paul Phua Poker podcast.</p><p>In his 20s, he gained a level of fame as a professional poker player. Beginning around a decade ago, he began playing high-stakes tournaments in Las Vegas and racking up wins, fellow poker players say. He earned particular renown in 2012 when he won a EUR1,080,000 purse in Monte Carlo.</p><p>He was known as an aggressive player, and had the respect of his fellow pros, the players say. &#34;Igor had a willingness to play a lot of hands and make big moves,&#34; says one of them, Dan Smith.</p><p>Though he was spending much of his time in Las Vegas, his personality didn&#39;t match the city&#39;s loud stereotypes. One person who knows him says he was often drawn into long, philosophical conversations on topics such as the rise of artificial intelligence in poker. Mr. Kurganov was concerned that a computer program could be built that could beat even the most talented human player.</p><p>Ging Masinda, a Las Vegas marketer and acquaintance of Mr. Kurganov, says the flashiest thing about him is that he sometimes wears eyeliner. &#34;There&#39;s a kid in him,&#34; she says.</p><p>In a 2015 interview on the Poker Life Podcast, he said he was developing an accounting app for poker players. He also co-founded the organization Raising for Effective Giving, designed to help poker players, as well as fantasy-sports players and finance professionals, find the right charities to which to donate their winnings, according to archived webpages.</p><p>REG was focused on effective altruism, an approach to giving that suggests that inherently subjective qualities such as relative charitable need can be quantified. It&#39;s still a niche approach, because many charitable experts say it can encourage an impersonal, utilitarian approach to complicated moral issues.</p><p>Mr. Kurganov&#39;s social life, the fellow poker players say, revolved around his longtime partner, fellow professional poker player Liv Boeree. Ms. Boeree has long been friends with the recording artist Grimes, who was first romantically linked to Mr. Musk in 2018. Around the same time, Mr. Musk made Ms. Boeree one of the handful of people he follows on Twitter.</p><p>&#34;She was elated&#34; about the follow, according to Joe Stapleton, a poker commentator who spoke to her about it.</p><p>The two couples began spending time together. Messrs. Musk and Kurganov bonded over a shared love of Burning Man, the free-spirited desert festival that both regularly attend. Ms. Boeree, meanwhile, stayed close with Grimes; the two women posted photos together on social media. Ms. Boeree didn&#39;t respond to requests for comment, and Grimes, whose legal name is Claire Boucher, couldn&#39;t be reached.</p><p>The introduction to Mr. Musk came as Mr. Kurganov was soon to retire from professional poker with millions in personal winnings. Yet his poker accounting app had never gotten off the ground, and REG remained small-fry in terms of the amount of money it directed.</p><p>REG said on its website that it directed $3.1 million in charitable giving in 2019, the most recent year mentioned, which the organization said &#34;reflects all donations that have been significantly influenced by us.&#34; The amount couldn&#39;t be independently verified. REG didn&#39;t respond to requests for comment.</p><p>Copyright (c) 2022 Dow Jones &amp; Company, Inc.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk's Inner Circle Rocked by Fight Over His $230 Billion Fortune</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's Inner Circle Rocked by Fight Over His $230 Billion Fortune\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\">2022-07-17 08:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Late last year, Jared Birchall cornered his boss, Elon Musk.</p><p>Mr. Birchall, a straight-laced, 48-year-old wealth manager who rose to become Mr. Musk&#39;s top deputy and the head of his family office, had growing concerns about a new power player in the Tesla Inc. CEO&#39;s orbit.</p><p>Mr. Musk was increasingly relying on a new adviser, a 34-year-old, Russian-born ex-professional gambler named Igor Kurganov. Mr. Kurganov spent some of the pandemic sleeping in Mr. Musk&#39;s home, where they chatted late into the night about how the world&#39;s richest person might use his fortune to help shape the planet through a giving strategy known as &#34;effective altruism.&#34;</p><p>Mr. Kurganov had no experience in finance or security but was suddenly a central figure in both areas for Mr. Musk. He had moved from London to Texas and replaced some of Mr. Musk&#39;s protection detail with new hires of his own. Not long after, the Tesla CEO told Mr. Birchall that he was so taken by the younger man&#39;s ideas that he wanted to leave him in charge of his charitable giving, dispersing funds from Mr. Musk&#39;s vast private fortune, currently around $230 billion, as he saw fit.</p><p>&#34;Elon,&#34; Mr. Birchall told his boss, according to three people briefed afterward. &#34;You can&#39;t.&#34;</p><p>The clash between the two men, and their dueling efforts to gain the upper hand with Mr. Musk, provides a peek into the often tumultuous private workings of Mr. Musk&#39;s inner circle. As Mr. Musk&#39;s breakneck, $44 billion bid for Twitter shows, the entrepreneur can be prone to quick decisions, ones that he can reverse just as quickly as he makes them. That deal is now in peril, with Mr. Musk trying to walk away and Twitter suing him to complete it.</p><p>All the while he is egged on by a rotating crew of investors, underlings and ever-changing friends whose power and personal wealth is closely tied to their proximity to Mr. Musk, according to people who do business with him.</p><p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> men in particular have pulled the Tesla CEO in opposing directions.</p><p>Mr. Birchall is an Eagle Scout and practicing Mormon who doesn&#39;t smoke or drink and grew up traveling California as part of a song-and-dance troupe called &#34;The Birchall Family Singers.&#34; He declined to be interviewed through a representative of Mr. Musk&#39;s foundation.</p><p>Mr. Kurganov is a high-roller with a reported more than $18 million in poker winnings, with long hair and beard and a peaceful demeanor. He has said in a podcast interview that he dropped out of college because he was smoking too much marijuana. He didn&#39;t respond to requests for comment.</p><p>Last winter, Mr. Musk came to a compromise between the two. He allowed Mr. Kurganov to oversee $5.7 billion in Tesla shares that the CEO pledged late last year to eventually donate to charity. The rest of Mr. Musk&#39;s overall fortune remained under Mr. Birchall&#39;s purview.</p><p>That decision wasn&#39;t, however, the end of the fracas.</p><p>This account is based on interviews with more than a dozen people close to Messrs. Musk, Birchall and Kurganov, including associates of the Musk Foundation and investors.</p><h2>Ultimate fixer</h2><p>For a man of immense resources, Mr. Musk is a minnow in the world of big-dollar philanthropy. Compared with other magnates such as Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founder Jeff Bezos, whose wealth, like Mr. Musk&#39;s, is tied up in shares of their companies, Mr. Musk has said little concrete about his approach to giving. He didn&#39;t respond to requests for comment.</p><p>Mr. Musk&#39;s personal foundation gave away $23.6 million in fiscal 2020, the most recent year for which data is available, filings show. That represented roughly 0.02% of his net worth as of the end of that year, according to Forbes rankings.</p><p>Though Mr. Musk is known to favor his own counsel most of all, the man in charge of his foundation since 2016 has been Mr. Birchall, one of the longest standing in his inner circle.</p><p>The alliance reflects Mr. Birchall&#39;s role as the ultimate fixer for Mr. Musk, taking care of matters large and small. In addition to handling billions in assets, Mr. Birchall in 2018 under a pseudonym registered the website www.justballs.com, for example, after Mr. Musk mused online that he might want to own the domain name someday, legal documents show.</p><p>Mr. Birchall entered the technology world through finance. After his brief singing stint with his siblings -- he is one of 11 children -- he attended Brigham Young University.</p><p>He then spent a year at Merrill Lynch, where he was discharged for what the firm described in a filing as &#34;sending correspondence to a client without management approval.&#34;</p><p>Mr. Birchall eventually moved into private wealth and crossed paths with Mr. Musk about a decade ago while working as a client adviser in <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>&#39;s southern California offices. There, he impressed Mr. Musk by helping arrange hundreds of millions of dollars of loans from the investment bank at a time when the Tesla co-founder was strapped for cash, a person close to Mr. Musk says. When Mr. Musk started a private firm to manage his own money roughly six years ago, he tapped Mr. Birchall to run it.</p><p>Mr. Birchall&#39;s work for Mr. Musk has at times led him into strange public controversies and lawsuits. After a British spelunker criticized Mr. Musk&#39;s offer to help rescue a youth soccer team trapped in a flooded Thailand cave in 2018, Mr. Birchall created a fake email address under the name &#34;James Brickhouse&#34; to hire a private investigator to investigate the man, according to court documents.</p><p>Mr. Musk subsequently called the man &#34;pedo guy&#34; in a tweet, though he later apologized and said it was a joking taunt. The spelunker unsuccessfully sued Mr. Musk for defamation in a Los Angeles federal court.</p><p>In addition to his role helping manage Mr. Musk&#39;s fortune, Mr. Birchall is also a director of his tunneling startup, Boring Co., and chief executive officer of Mr. Musk&#39;s Neuralink, which aims to make a brain implant that could be used by quadriplegic patients to control a computer or other devices.</p><p>When Mr. Musk announced in 2020 he would move from California to Texas, Mr. Birchall moved his family there, too. He has since become the closest thing Mr. Musk has to a public face in the Texas capital, handling business and attending events on Mr. Musk&#39;s behalf.</p><p>&#34;No one else you reach out to who is close to Elon is going to return your calls,&#34; says Tyson Tuttle, former chief executive of Austin semiconductor manufacturer Silicon Labs.</p><h2>&#39;Make big moves&#39;</h2><p>Mr. Kurganov first became friendly with Mr. Musk socially.</p><p>Born in Russia but raised in Germany from age 4 by parents who were engineers by trade, Mr. Kurganov grew up in a working class, immigrant household, according to an interview he gave to the Paul Phua Poker podcast.</p><p>In his 20s, he gained a level of fame as a professional poker player. Beginning around a decade ago, he began playing high-stakes tournaments in Las Vegas and racking up wins, fellow poker players say. He earned particular renown in 2012 when he won a EUR1,080,000 purse in Monte Carlo.</p><p>He was known as an aggressive player, and had the respect of his fellow pros, the players say. &#34;Igor had a willingness to play a lot of hands and make big moves,&#34; says one of them, Dan Smith.</p><p>Though he was spending much of his time in Las Vegas, his personality didn&#39;t match the city&#39;s loud stereotypes. One person who knows him says he was often drawn into long, philosophical conversations on topics such as the rise of artificial intelligence in poker. Mr. Kurganov was concerned that a computer program could be built that could beat even the most talented human player.</p><p>Ging Masinda, a Las Vegas marketer and acquaintance of Mr. Kurganov, says the flashiest thing about him is that he sometimes wears eyeliner. &#34;There&#39;s a kid in him,&#34; she says.</p><p>In a 2015 interview on the Poker Life Podcast, he said he was developing an accounting app for poker players. He also co-founded the organization Raising for Effective Giving, designed to help poker players, as well as fantasy-sports players and finance professionals, find the right charities to which to donate their winnings, according to archived webpages.</p><p>REG was focused on effective altruism, an approach to giving that suggests that inherently subjective qualities such as relative charitable need can be quantified. It&#39;s still a niche approach, because many charitable experts say it can encourage an impersonal, utilitarian approach to complicated moral issues.</p><p>Mr. Kurganov&#39;s social life, the fellow poker players say, revolved around his longtime partner, fellow professional poker player Liv Boeree. Ms. Boeree has long been friends with the recording artist Grimes, who was first romantically linked to Mr. Musk in 2018. Around the same time, Mr. Musk made Ms. Boeree one of the handful of people he follows on Twitter.</p><p>&#34;She was elated&#34; about the follow, according to Joe Stapleton, a poker commentator who spoke to her about it.</p><p>The two couples began spending time together. Messrs. Musk and Kurganov bonded over a shared love of Burning Man, the free-spirited desert festival that both regularly attend. Ms. Boeree, meanwhile, stayed close with Grimes; the two women posted photos together on social media. Ms. Boeree didn&#39;t respond to requests for comment, and Grimes, whose legal name is Claire Boucher, couldn&#39;t be reached.</p><p>The introduction to Mr. Musk came as Mr. Kurganov was soon to retire from professional poker with millions in personal winnings. Yet his poker accounting app had never gotten off the ground, and REG remained small-fry in terms of the amount of money it directed.</p><p>REG said on its website that it directed $3.1 million in charitable giving in 2019, the most recent year mentioned, which the organization said &#34;reflects all donations that have been significantly influenced by us.&#34; The amount couldn&#39;t be independently verified. REG didn&#39;t respond to requests for comment.</p><p>Copyright (c) 2022 Dow Jones &amp; Company, Inc.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4574":"无人驾驶","TWTR":"Twitter","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4511":"特斯拉概念","BK4534":"瑞士信贷持仓","BK4527":"明星科技股","TSLA":"特斯拉","BK4581":"高盛持仓","BK4555":"新能源车","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4099":"汽车制造商"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2251415343","content_text":"Late last year, Jared Birchall cornered his boss, Elon Musk.Mr. Birchall, a straight-laced, 48-year-old wealth manager who rose to become Mr. Musk's top deputy and the head of his family office, had growing concerns about a new power player in the Tesla Inc. CEO's orbit.Mr. Musk was increasingly relying on a new adviser, a 34-year-old, Russian-born ex-professional gambler named Igor Kurganov. Mr. Kurganov spent some of the pandemic sleeping in Mr. Musk's home, where they chatted late into the night about how the world's richest person might use his fortune to help shape the planet through a giving strategy known as \"effective altruism.\"Mr. Kurganov had no experience in finance or security but was suddenly a central figure in both areas for Mr. Musk. He had moved from London to Texas and replaced some of Mr. Musk's protection detail with new hires of his own. Not long after, the Tesla CEO told Mr. Birchall that he was so taken by the younger man's ideas that he wanted to leave him in charge of his charitable giving, dispersing funds from Mr. Musk's vast private fortune, currently around $230 billion, as he saw fit.\"Elon,\" Mr. Birchall told his boss, according to three people briefed afterward. \"You can't.\"The clash between the two men, and their dueling efforts to gain the upper hand with Mr. Musk, provides a peek into the often tumultuous private workings of Mr. Musk's inner circle. As Mr. Musk's breakneck, $44 billion bid for Twitter shows, the entrepreneur can be prone to quick decisions, ones that he can reverse just as quickly as he makes them. That deal is now in peril, with Mr. Musk trying to walk away and Twitter suing him to complete it.All the while he is egged on by a rotating crew of investors, underlings and ever-changing friends whose power and personal wealth is closely tied to their proximity to Mr. Musk, according to people who do business with him.Two men in particular have pulled the Tesla CEO in opposing directions.Mr. Birchall is an Eagle Scout and practicing Mormon who doesn't smoke or drink and grew up traveling California as part of a song-and-dance troupe called \"The Birchall Family Singers.\" He declined to be interviewed through a representative of Mr. Musk's foundation.Mr. Kurganov is a high-roller with a reported more than $18 million in poker winnings, with long hair and beard and a peaceful demeanor. He has said in a podcast interview that he dropped out of college because he was smoking too much marijuana. He didn't respond to requests for comment.Last winter, Mr. Musk came to a compromise between the two. He allowed Mr. Kurganov to oversee $5.7 billion in Tesla shares that the CEO pledged late last year to eventually donate to charity. The rest of Mr. Musk's overall fortune remained under Mr. Birchall's purview.That decision wasn't, however, the end of the fracas.This account is based on interviews with more than a dozen people close to Messrs. Musk, Birchall and Kurganov, including associates of the Musk Foundation and investors.Ultimate fixerFor a man of immense resources, Mr. Musk is a minnow in the world of big-dollar philanthropy. Compared with other magnates such as Microsoft Corp. co-founder Bill Gates and Amazon.com Inc. founder Jeff Bezos, whose wealth, like Mr. Musk's, is tied up in shares of their companies, Mr. Musk has said little concrete about his approach to giving. He didn't respond to requests for comment.Mr. Musk's personal foundation gave away $23.6 million in fiscal 2020, the most recent year for which data is available, filings show. That represented roughly 0.02% of his net worth as of the end of that year, according to Forbes rankings.Though Mr. Musk is known to favor his own counsel most of all, the man in charge of his foundation since 2016 has been Mr. Birchall, one of the longest standing in his inner circle.The alliance reflects Mr. Birchall's role as the ultimate fixer for Mr. Musk, taking care of matters large and small. In addition to handling billions in assets, Mr. Birchall in 2018 under a pseudonym registered the website www.justballs.com, for example, after Mr. Musk mused online that he might want to own the domain name someday, legal documents show.Mr. Birchall entered the technology world through finance. After his brief singing stint with his siblings -- he is one of 11 children -- he attended Brigham Young University.He then spent a year at Merrill Lynch, where he was discharged for what the firm described in a filing as \"sending correspondence to a client without management approval.\"Mr. Birchall eventually moved into private wealth and crossed paths with Mr. Musk about a decade ago while working as a client adviser in Morgan Stanley's southern California offices. There, he impressed Mr. Musk by helping arrange hundreds of millions of dollars of loans from the investment bank at a time when the Tesla co-founder was strapped for cash, a person close to Mr. Musk says. When Mr. Musk started a private firm to manage his own money roughly six years ago, he tapped Mr. Birchall to run it.Mr. Birchall's work for Mr. Musk has at times led him into strange public controversies and lawsuits. After a British spelunker criticized Mr. Musk's offer to help rescue a youth soccer team trapped in a flooded Thailand cave in 2018, Mr. Birchall created a fake email address under the name \"James Brickhouse\" to hire a private investigator to investigate the man, according to court documents.Mr. Musk subsequently called the man \"pedo guy\" in a tweet, though he later apologized and said it was a joking taunt. The spelunker unsuccessfully sued Mr. Musk for defamation in a Los Angeles federal court.In addition to his role helping manage Mr. Musk's fortune, Mr. Birchall is also a director of his tunneling startup, Boring Co., and chief executive officer of Mr. Musk's Neuralink, which aims to make a brain implant that could be used by quadriplegic patients to control a computer or other devices.When Mr. Musk announced in 2020 he would move from California to Texas, Mr. Birchall moved his family there, too. He has since become the closest thing Mr. Musk has to a public face in the Texas capital, handling business and attending events on Mr. Musk's behalf.\"No one else you reach out to who is close to Elon is going to return your calls,\" says Tyson Tuttle, former chief executive of Austin semiconductor manufacturer Silicon Labs.'Make big moves'Mr. Kurganov first became friendly with Mr. Musk socially.Born in Russia but raised in Germany from age 4 by parents who were engineers by trade, Mr. Kurganov grew up in a working class, immigrant household, according to an interview he gave to the Paul Phua Poker podcast.In his 20s, he gained a level of fame as a professional poker player. Beginning around a decade ago, he began playing high-stakes tournaments in Las Vegas and racking up wins, fellow poker players say. He earned particular renown in 2012 when he won a EUR1,080,000 purse in Monte Carlo.He was known as an aggressive player, and had the respect of his fellow pros, the players say. \"Igor had a willingness to play a lot of hands and make big moves,\" says one of them, Dan Smith.Though he was spending much of his time in Las Vegas, his personality didn't match the city's loud stereotypes. One person who knows him says he was often drawn into long, philosophical conversations on topics such as the rise of artificial intelligence in poker. Mr. Kurganov was concerned that a computer program could be built that could beat even the most talented human player.Ging Masinda, a Las Vegas marketer and acquaintance of Mr. Kurganov, says the flashiest thing about him is that he sometimes wears eyeliner. \"There's a kid in him,\" she says.In a 2015 interview on the Poker Life Podcast, he said he was developing an accounting app for poker players. He also co-founded the organization Raising for Effective Giving, designed to help poker players, as well as fantasy-sports players and finance professionals, find the right charities to which to donate their winnings, according to archived webpages.REG was focused on effective altruism, an approach to giving that suggests that inherently subjective qualities such as relative charitable need can be quantified. It's still a niche approach, because many charitable experts say it can encourage an impersonal, utilitarian approach to complicated moral issues.Mr. Kurganov's social life, the fellow poker players say, revolved around his longtime partner, fellow professional poker player Liv Boeree. Ms. Boeree has long been friends with the recording artist Grimes, who was first romantically linked to Mr. Musk in 2018. Around the same time, Mr. Musk made Ms. Boeree one of the handful of people he follows on Twitter.\"She was elated\" about the follow, according to Joe Stapleton, a poker commentator who spoke to her about it.The two couples began spending time together. Messrs. Musk and Kurganov bonded over a shared love of Burning Man, the free-spirited desert festival that both regularly attend. Ms. Boeree, meanwhile, stayed close with Grimes; the two women posted photos together on social media. Ms. Boeree didn't respond to requests for comment, and Grimes, whose legal name is Claire Boucher, couldn't be reached.The introduction to Mr. Musk came as Mr. Kurganov was soon to retire from professional poker with millions in personal winnings. Yet his poker accounting app had never gotten off the ground, and REG remained small-fry in terms of the amount of money it directed.REG said on its website that it directed $3.1 million in charitable giving in 2019, the most recent year mentioned, which the organization said \"reflects all donations that have been significantly influenced by us.\" The amount couldn't be independently verified. REG didn't respond to requests for comment.Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912359925,"gmtCreate":1664760003167,"gmtModify":1676537503396,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9912359925","repostId":"2272691220","repostType":4,"repost":{"id":"2272691220","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":1664755882,"share":"https://www.laohu8.com/m/news/2272691220?lang=&edition=full","pubTime":"2022-10-03 08:11","market":"us","language":"en","title":"What Investors Need to Know About October's Complicated Stock-Market History","url":"https://stock-news.laohu8.com/highlight/detail?id=2272691220","media":"Dow Jones","summary":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.O","content":"<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a &#34;bear-market killer,&#34; associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what&#39;s traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&amp;P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August&#39;s inflation data showed little sign of easing price pressures. However, the central bank&#39;s more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&amp;P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October&#39;s track record may offer some comfort as it has been a turnaround month, or a &#34;bear killer,&#34; according to the data from Stock Trader&#39;s Almanac.</p><p>&#34;Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&amp;P 500 declined 19.4%),&#34; wrote Jeff Hirsch, editor of the Stock Trader&#39;s Almanac, in a note on Thursday. &#34;Seven of these years were midterm bottoms.&#34;</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are &#34;downright stellar&#34; and usually where the &#34;sweet spot&#34; of the four-year presidential election cycle begins (see chart below).</p><p>&#34;The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&amp;P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),&#34; wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>&#39;Atypical period&#39;</h2><p>Skeptics aren&#39;t convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in &#34;more normalized years.&#34;</p><p>&#34;This is just such an atypical period for so many reasons,&#34; Bassett told MarketWatch in a phone interview on Thursday. &#34;A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That&#39;s kind of something that we&#39;re going through and you have to be very sensitive to how you manage all of that.&#34;</p><p>An old Wall Street adage, &#34;Sell in May and go away,&#34; refers to the market&#39;s historical underperformance during the six-month period from May to October. Stock Trader&#39;s Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have &#34;produced reliable returns with reduced risk since 1950.&#34;</p><p>Strategists at Stifel, a wealth-management firm, contend the S&amp;P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&amp;P 500 negative seasonality are headwinds that should subside by then.</p><p>&#34;Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,&#34; wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. &#34;This could reinforce positive market seasonality, which is historically strong for the S&amp;P 500 from November to April.&#34;</p><h2>October crashes</h2><p>Seasonal trends, however, aren&#39;t written in stone. Dow Jones Market Data found the S&amp;P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&amp;P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>&#34;I think that any years where you&#39;ve had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,&#34; Saglimbene told MarketWatch on Friday. &#34;Frankly, I don&#39;t think we&#39;re going to see a lot of visibility at least over the next few months.&#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>What Investors Need to Know About October's Complicated Stock-Market History</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Investors Need to Know About October's Complicated Stock-Market History\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\">2022-10-03 08:11</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>While September lived up to its reputation as a brutal month for stocks, October tends to be a &#34;bear-market killer,&#34; associated with historically strong returns, especially in midterm election years.</p><p>October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what&#39;s traditionally the roughest period for equities comes to an end.</p><h2>Rough stretch</h2><p>U.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&amp;P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.</p><p>The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August&#39;s inflation data showed little sign of easing price pressures. However, the central bank&#39;s more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&amp;P slid to another 2022 low.</p><h2>Bear markets and midterms</h2><p>October&#39;s track record may offer some comfort as it has been a turnaround month, or a &#34;bear killer,&#34; according to the data from Stock Trader&#39;s Almanac.</p><p>&#34;Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&amp;P 500 declined 19.4%),&#34; wrote Jeff Hirsch, editor of the Stock Trader&#39;s Almanac, in a note on Thursday. &#34;Seven of these years were midterm bottoms.&#34;</p><p>Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.</p><p>According to Hirsch, Octobers in the midterm election years are &#34;downright stellar&#34; and usually where the &#34;sweet spot&#34; of the four-year presidential election cycle begins (see chart below).</p><p>&#34;The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&amp;P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),&#34; wrote Hirsch.</p><p><img src=\"https://static.tigerbbs.com/5e12b4543bc89bc89d7601f09694c8c4\" tg-width=\"700\" tg-height=\"336\" width=\"100%\" height=\"auto\"/></p><h2>&#39;Atypical period&#39;</h2><p>Skeptics aren&#39;t convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in &#34;more normalized years.&#34;</p><p>&#34;This is just such an atypical period for so many reasons,&#34; Bassett told MarketWatch in a phone interview on Thursday. &#34;A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That&#39;s kind of something that we&#39;re going through and you have to be very sensitive to how you manage all of that.&#34;</p><p>An old Wall Street adage, &#34;Sell in May and go away,&#34; refers to the market&#39;s historical underperformance during the six-month period from May to October. Stock Trader&#39;s Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have &#34;produced reliable returns with reduced risk since 1950.&#34;</p><p>Strategists at Stifel, a wealth-management firm, contend the S&amp;P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&amp;P 500 negative seasonality are headwinds that should subside by then.</p><p>&#34;Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,&#34; wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. &#34;This could reinforce positive market seasonality, which is historically strong for the S&amp;P 500 from November to April.&#34;</p><h2>October crashes</h2><p>Seasonal trends, however, aren&#39;t written in stone. Dow Jones Market Data found the S&amp;P 500 recorded positive returns between May and October in the past six years (see chart below).</p><p><img src=\"https://static.tigerbbs.com/ec700aa8aea3c05bd353dadb6dc79d9f\" tg-width=\"700\" tg-height=\"394\" width=\"100%\" height=\"auto\"/>Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&amp;P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.</p><p>&#34;I think that any years where you&#39;ve had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,&#34; Saglimbene told MarketWatch on Friday. &#34;Frankly, I don&#39;t think we&#39;re going to see a lot of visibility at least over the next few months.&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","SDOW":"道指三倍做空ETF-ProShares","BK4581":"高盛持仓","BK4504":"桥水持仓","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF",".DJI":"道琼斯","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","OEX":"标普100",".SPX":"S&P 500 Index","OEF":"标普100指数ETF-iShares","DDM":"道指两倍做多ETF","DOG":"道指反向ETF","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","DXD":"道指两倍做空ETF","DJX":"1/100道琼斯","SPY":"标普500ETF","BK4559":"巴菲特持仓","BK4550":"红杉资本持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2272691220","content_text":"While September lived up to its reputation as a brutal month for stocks, October tends to be a \"bear-market killer,\" associated with historically strong returns, especially in midterm election years.October, however, is also associated with historic market plunges. And skeptics are warning investors that negative economic fundamentals could overwhelm seasonal trends as what's traditionally the roughest period for equities comes to an end.Rough stretchU.S. stocks ended sharply lower on Friday, posting their worst skid in the first nine months of any year in two decades. The S&P 500  recorded a monthly loss of 9.3%, its worst September performance since 2002. The Dow Jones Industrial Average  fell 8.8%, while the Nasdaq Composite  on Friday pushed its total monthly loss to 10.5%, according to Dow Jones Market Data.The indexes had booked modest gains in the first half of the month after investors fully priced in a large interest-rate hike at the FOMC meeting late September as August's inflation data showed little sign of easing price pressures. However, the central bank's more-hawkish-than-expected stance caused stocks to give up all those early September gains. The Dow entered its first bear market since March 2020 in the last week of the month, while the benchmark S&P slid to another 2022 low.Bear markets and midtermsOctober's track record may offer some comfort as it has been a turnaround month, or a \"bear killer,\" according to the data from Stock Trader's Almanac.\"Twelve post-WWII bear markets have ended in October: 1946, 1957, 1960, 1962, 1966, 1974, 1987, 1990, 1998, 2001, 2002 and 2011 (S&P 500 declined 19.4%),\" wrote Jeff Hirsch, editor of the Stock Trader's Almanac, in a note on Thursday. \"Seven of these years were midterm bottoms.\"Of course 2022 is also a midterm election year, with congressional elections coming up on Nov. 8.According to Hirsch, Octobers in the midterm election years are \"downright stellar\" and usually where the \"sweet spot\" of the four-year presidential election cycle begins (see chart below).\"The fourth quarter of the midterm years combines with the first and second quarters of the pre-election years for the best three consecutive quarter span for the market, averaging 19.3% for the DJIA and 20.0% for the S&P 500 (since 1949), and an amazing 29.3% for NASDAQ (since 1971),\" wrote Hirsch.'Atypical period'Skeptics aren't convinced the pattern will hold true this October. Ralph Bassett, head of investments at Abrdn, an asset-management firm based in Scotland, said these dynamics could only play out in \"more normalized years.\"\"This is just such an atypical period for so many reasons,\" Bassett told MarketWatch in a phone interview on Thursday. \"A lot of mutual funds have their fiscal year-end in October, so there tends to be a lot of buying and selling to manage tax losses. That's kind of something that we're going through and you have to be very sensitive to how you manage all of that.\"An old Wall Street adage, \"Sell in May and go away,\" refers to the market's historical underperformance during the six-month period from May to October. Stock Trader's Almanac, which is credited with coining the saying, found investing in stocks from November to April and switching into fixed income the other six months would have \"produced reliable returns with reduced risk since 1950.\"Strategists at Stifel, a wealth-management firm, contend the S&P 500, which has fallen more than 23% from its Jan. 3 record finish, is in a bottoming process. They see positive catalysts between the fourth quarter of 2022 and the start of 2023 as Fed policy plus S&P 500 negative seasonality are headwinds that should subside by then.\"Monetary policy works with a six-month lag, and between the [Nov. 2] and [Dec. 14] final two Fed meetings of 2022, we do see subtle movement toward a data-dependent Fed pause which would bullishly allow investors to focus on (improving) inflation data rather than policy,\" wrote strategists led by Barry Bannister, chief equity strategist, in a recent note. \"This could reinforce positive market seasonality, which is historically strong for the S&P 500 from November to April.\"October crashesSeasonal trends, however, aren't written in stone. Dow Jones Market Data found the S&P 500 recorded positive returns between May and October in the past six years (see chart below).Anthony Saglimbene, chief markets strategist at Ameriprise Financial, said there are periods in history where October could evoke fear on Wall Street as some large historical market crashes, including those in 1987 and 1929, occurred during the month. The S&P 500 plunged nearly 17% in October 2008 after the implosion of Lehman Brothers, following a 9.1% fall in September.\"I think that any years where you've had a very difficult year for stocks, seasonality should discount it, because there are some other macro forces [that are] pushing on stocks, and you need to see more clarity on those macro forces that are pushing stocks down,\" Saglimbene told MarketWatch on Friday. \"Frankly, I don't think we're going to see a lot of visibility at least over the next few months.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042623497,"gmtCreate":1656469915719,"gmtModify":1676535835991,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good to knw&nbsp;","listText":"Good to knw&nbsp;","text":"Good to knw","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042623497","repostId":"1175550998","repostType":2,"repost":{"id":"1175550998","pubTimestamp":1656468418,"share":"https://www.laohu8.com/m/news/1175550998?lang=&edition=full","pubTime":"2022-06-29 10:06","market":"sg","language":"en","title":"5 Singapore Stocks I Would Buy if the Market Crashed","url":"https://stock-news.laohu8.com/highlight/detail?id=1175550998","media":"The Smart Investor","summary":"It’s always useful to prepare an umbrella before it rains.Likewise, when it comes to stocks, it is u","content":"<html><head></head><body><p>It’s always useful to prepare an umbrella before it rains.</p><p>Likewise, when it comes to stocks, it is useful to maintain a watchlist of stocks before a market crash appears.</p><p>By doing prior research and understanding how these businesses work, you will have greater confidence to buy them should their share prices dip.</p><p>With the recent bear market in the NASDAQ for growth stocks, some investors may be wondering if the same could happen over in the Singapore market.</p><p>During times of economic stress, it makes sense to stick with well-run companies such as blue-chip stocks and REITs with strong sponsors.</p><p>Here are five Singapore stocks I will gladly scoop up should there be a bear market.</p><p><b>DBS Group (SGX: D05)</b></p><p>When the economy takes a sharp dive, it’s natural to seek shelter in familiar names.</p><p>DBS is one of the most reputable banks in the region and is Singapore’s largest lender.</p><p>The group has gone through numerous economic cycles and has come out stronger each time.</p><p>2021 was no different as the bank reported a record net profit of S$6.8 billion, driven by healthy loan book growth and higher fee income.</p><p>The bank also paid out an interim quarterly dividend of S$0.36 per share for its most recent fiscal 2022’s first quarter (1Q2022), bringing annualised FY2022 dividend to S$1.44.</p><p>Shares of DBS sport a forward dividend yield of 4.8%.</p><p>The bank’s strong franchise, along with rising interest rates, should stand it in good stead to do well in the future.</p><p><b>Mapletree Logistics Trust (SGX: M44U)</b></p><p>Moving on to REITs, a prime candidate for long-term ownership is Mapletree Logistics Trust, or MLT.</p><p>The logistics REIT owns 183 properties in eight countries with assets under management (AUM) of S$13.1 billion as of 31 March 2022.</p><p>MLT has demonstrated its resilience by declaring a distribution per unit (DPU) of S$0.8787 for its fiscal 2022 (FY2022), up 5.5% year on year.</p><p>Gross revenue for FY2022 increased by 20.9% year on year to S$678.5 million while net property income rose 18.6% year on year, underpinned by stable operations and acquisitions.</p><p>MLT had announced a slew of acquisitions for FY2022 such as a logistics centre in South Korea and a portfolio of 16 logistics properties in China and Vietnam.</p><p>With aggregate leverage at 36.8% along with a low cost of debt at 2.2%, the REIT looks poised for more acquisitions to grow its DPU further.</p><p><b>CapitaLand Investment Limited (SGX: 9CI)</b></p><p>CapitaLand Investment Limited, or CLI, is a real estate investment manager with S$124 billion of AUM and S$86 billion of funds under management as of 31 March 2022.</p><p>The property group has two main pillars of growth – increasing its funds under management (FUM) and fee-related earnings (FRE).</p><p>These pillars are achieved through three main strategies – fund management, lodging management, and capital management.</p><p>CLI remains on track for 1Q2022, with revenue from its fee income-related businesses rising 17% year on year.</p><p>For its real estate investment business, 1Q2022 revenue saw a 28% year on year jump to S$403 million.</p><p><b>CapitaLand Integrated Commercial Trust (SGX: C38U)</b></p><p>CapitaLand Integrated Commercial Trust, or CICT, owns both retail and commercial properties.</p><p>The REIT’s portfolio comprises 20 properties in Singapore, two in Germany and two in Sydney, Australia, with an AUM of S$22.9 billion as of 24 March 2022.</p><p>CICT’s DPU improved from S$0.0869 in FY2020 to S$0.104 in FY2021, giving units of the REIT a trailing distribution yield of 4.7%.</p><p>The REIT maintained a portfolio occupancy of 93.6% as of 31 March 2022.</p><p>Meanwhile, CICT recently completed the acquisition of a 70% interest in CapitaSky, a high-quality Grade A office building in Singapore.</p><p>Shopper traffic at CICT’s malls saw a slight 5.3% year on year dip but tenant sales inched up 0.6% year on year for 1Q2022.</p><p><b>Venture Corporation Limited (SGX: V03)</b></p><p>If you’re looking for a company to latch on to the global electronics boom, look no further than Venture Corporation.</p><p>The group is a provider of technology products, solutions and services with over 12,000 employees worldwide.</p><p>Venture enjoyed broad-based growth across many of its domains such as medical devices, life sciences, genomics, and advanced payment systems.</p><p>As a result, revenue for 1Q2022 surged by 29.5% year on year to S$889.3 million while net profit rose 28.6% year on year to S$84 million.</p><p>The group maintains a sanguine outlook despite the challenge of supply chain disruptions.</p><p>Demand is expected to remain healthy while new product launches have been well-received by end customers.</p><p>The group continues to invest in new capabilities to ensure it stays abreast of the latest technological trends.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta 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.h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Singapore Stocks I Would Buy if the Market Crashed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/5-singapore-stocks-i-would-buy-if-the-market-crashed/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s always useful to prepare an umbrella before it rains.Likewise, when it comes to stocks, it is useful to maintain a watchlist of stocks before a market crash appears.By doing prior research and ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-singapore-stocks-i-would-buy-if-the-market-crashed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","V03.SI":"创业公司","M44U.SI":"丰树物流信托","D05.SI":"星展集团控股","C38U.SI":"凯德商用新加坡信托"},"source_url":"https://thesmartinvestor.com.sg/5-singapore-stocks-i-would-buy-if-the-market-crashed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175550998","content_text":"It’s always useful to prepare an umbrella before it rains.Likewise, when it comes to stocks, it is useful to maintain a watchlist of stocks before a market crash appears.By doing prior research and understanding how these businesses work, you will have greater confidence to buy them should their share prices dip.With the recent bear market in the NASDAQ for growth stocks, some investors may be wondering if the same could happen over in the Singapore market.During times of economic stress, it makes sense to stick with well-run companies such as blue-chip stocks and REITs with strong sponsors.Here are five Singapore stocks I will gladly scoop up should there be a bear market.DBS Group (SGX: D05)When the economy takes a sharp dive, it’s natural to seek shelter in familiar names.DBS is one of the most reputable banks in the region and is Singapore’s largest lender.The group has gone through numerous economic cycles and has come out stronger each time.2021 was no different as the bank reported a record net profit of S$6.8 billion, driven by healthy loan book growth and higher fee income.The bank also paid out an interim quarterly dividend of S$0.36 per share for its most recent fiscal 2022’s first quarter (1Q2022), bringing annualised FY2022 dividend to S$1.44.Shares of DBS sport a forward dividend yield of 4.8%.The bank’s strong franchise, along with rising interest rates, should stand it in good stead to do well in the future.Mapletree Logistics Trust (SGX: M44U)Moving on to REITs, a prime candidate for long-term ownership is Mapletree Logistics Trust, or MLT.The logistics REIT owns 183 properties in eight countries with assets under management (AUM) of S$13.1 billion as of 31 March 2022.MLT has demonstrated its resilience by declaring a distribution per unit (DPU) of S$0.8787 for its fiscal 2022 (FY2022), up 5.5% year on year.Gross revenue for FY2022 increased by 20.9% year on year to S$678.5 million while net property income rose 18.6% year on year, underpinned by stable operations and acquisitions.MLT had announced a slew of acquisitions for FY2022 such as a logistics centre in South Korea and a portfolio of 16 logistics properties in China and Vietnam.With aggregate leverage at 36.8% along with a low cost of debt at 2.2%, the REIT looks poised for more acquisitions to grow its DPU further.CapitaLand Investment Limited (SGX: 9CI)CapitaLand Investment Limited, or CLI, is a real estate investment manager with S$124 billion of AUM and S$86 billion of funds under management as of 31 March 2022.The property group has two main pillars of growth – increasing its funds under management (FUM) and fee-related earnings (FRE).These pillars are achieved through three main strategies – fund management, lodging management, and capital management.CLI remains on track for 1Q2022, with revenue from its fee income-related businesses rising 17% year on year.For its real estate investment business, 1Q2022 revenue saw a 28% year on year jump to S$403 million.CapitaLand Integrated Commercial Trust (SGX: C38U)CapitaLand Integrated Commercial Trust, or CICT, owns both retail and commercial properties.The REIT’s portfolio comprises 20 properties in Singapore, two in Germany and two in Sydney, Australia, with an AUM of S$22.9 billion as of 24 March 2022.CICT’s DPU improved from S$0.0869 in FY2020 to S$0.104 in FY2021, giving units of the REIT a trailing distribution yield of 4.7%.The REIT maintained a portfolio occupancy of 93.6% as of 31 March 2022.Meanwhile, CICT recently completed the acquisition of a 70% interest in CapitaSky, a high-quality Grade A office building in Singapore.Shopper traffic at CICT’s malls saw a slight 5.3% year on year dip but tenant sales inched up 0.6% year on year for 1Q2022.Venture Corporation Limited (SGX: V03)If you’re looking for a company to latch on to the global electronics boom, look no further than Venture Corporation.The group is a provider of technology products, solutions and services with over 12,000 employees worldwide.Venture enjoyed broad-based growth across many of its domains such as medical devices, life sciences, genomics, and advanced payment systems.As a result, revenue for 1Q2022 surged by 29.5% year on year to S$889.3 million while net profit rose 28.6% year on year to S$84 million.The group maintains a sanguine outlook despite the challenge of supply chain disruptions.Demand is expected to remain healthy while new product launches have been well-received by end customers.The group continues to invest in new capabilities to ensure it stays abreast of the latest technological trends.","news_type":1},"isVote":1,"tweetType":1,"viewCount":20,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931759644,"gmtCreate":1662513768688,"gmtModify":1676537077256,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931759644","repostId":"2265403013","repostType":4,"repost":{"id":"2265403013","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":1662521565,"share":"https://www.laohu8.com/m/news/2265403013?lang=&edition=full","pubTime":"2022-09-07 11:32","market":"us","language":"en","title":"What Is Expected at Apple's \"Far Out\" Fall Event?","url":"https://stock-news.laohu8.com/highlight/detail?id=2265403013","media":"Reuters","summary":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other prod","content":"<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</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>What Is Expected at Apple's \"Far Out\" Fall Event?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Is Expected at Apple's \"Far Out\" Fall Event?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-09-07 11:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.</p><p>The event, &#34;Far Out&#34;, will begin at 1700 GMT at the Steve Jobs Theater in Apple&#39;s headquarters in Cupertino, California. It is the company&#39;s first indoor event since the pandemic.</p><p>Based on reports, here are some of the expected announcements:</p><p><b>IPHONE 14</b></p><p>Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.</p><p>The &#34;mini&#34; version of the iPhone may be discontinued, according to reports.</p><p>Pricing and bundling options for Apple&#39;s flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.</p><p>&#34;Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,&#34; BofA Securities analyst Wamsi Mohan said.</p><p><b>SATELLITE NETWORK CONNECTIVITY</b></p><p>Satellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple&#39;s product launches.</p><p>The possible feature would allow users to send emergency text messages in situations where they are without a network.</p><p><b>APPLE WATCH</b></p><p>The Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.</p><p>The company may also launch a Pro version of the Watch.</p><p><b>AIRPODS PRO 2</b></p><p>The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.</p><p>Some reports suggest the case could have a type-C port.</p><p><b>AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?</b></p><p>There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.</p><p>&#34;There could be some clues around a new AR/VR product although unlikely to be launched before 2023,&#34; BofA Securities&#39; Mohan said.</p><p>Here is a list of Apple launches at previous events:</p><table><tbody><tr><td>Past Events</td><td>Date</td><td>Products launched</td></tr><tr><td>Worldwide Developer&#39;s Conference</td><td>June 6, 2022</td><td>MacBooks with M2 chip</td></tr><tr><td>&#34;Peak Performance&#34;</td><td>March 8, 2022</td><td>iPhone SE, iPad Air, Mac Studio, Studio Display,</td></tr><tr><td>&#34;Unleashed&#34;</td><td>Oct. 18, 2021</td><td>MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen</td></tr><tr><td>&#34;California Streaming&#34;</td><td>Sept. 14, 2021</td><td>iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7</td></tr><tr><td>&#34;Spring Loaded&#34;</td><td>April 20, 2021</td><td>iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purple</td></tr></tbody></table><p><b>Also Read:</b> <b>Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?</b>  Source: MarketWatch</p><p>Apple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.</p><p>After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.</p><p>“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.</p><p>The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.</p><p>But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.</p><p>Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”</p><p>Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”</p><p>A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.</p><p>Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”</p><p>Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.</p><p>There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”</p><p>The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.</p><p>The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.</p><p>Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”</p><p>Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.</p><p>Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&amp;P 500 index has fallen 16.8%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2265403013","content_text":"Sept 6 (Reuters) - Apple Inc will likely unveil a new line of iPhones, Watch Series 8 and other products on Wednesday at an event awaited by Wall Street and its legions of customers.The event, \"Far Out\", will begin at 1700 GMT at the Steve Jobs Theater in Apple's headquarters in Cupertino, California. It is the company's first indoor event since the pandemic.Based on reports, here are some of the expected announcements:IPHONE 14Apple usually launches new iPhones at the September event. The latest device is expected to include updates to the camera, storage and design, as well as satellite network connectivity.The \"mini\" version of the iPhone may be discontinued, according to reports.Pricing and bundling options for Apple's flagship product will be watched closely as decades-high inflation batters demand for all, but the most premium smartphones.\"Apple could choose to increase the price of the Pro models and leave the lower end models unchanged,\" BofA Securities analyst Wamsi Mohan said.SATELLITE NETWORK CONNECTIVITYSatellite network connectivity was one of the test features for iPhone 14 before mass production, said TF International Securities analyst Ming-Chi Kuo, known for his accurate predictions related to Apple's product launches.The possible feature would allow users to send emergency text messages in situations where they are without a network.APPLE WATCHThe Watch Series 8 is expected have a bigger display and more health features, including a body-temperature sensor.The company may also launch a Pro version of the Watch.AIRPODS PRO 2The new model will likely feature enhanced sound quality and more sensors. Its case is expected to be water and sweat resistant, with support for magsafe wireless charging.Some reports suggest the case could have a type-C port.AUGMENTED REALITY/VIRTUAL REALITY HEADSETS?There has been curiosity among investors and fans about a mixed reality headset, but analysts do not expect the product to be launched until next year because of ongoing supply chain bottlenecks.\"There could be some clues around a new AR/VR product although unlikely to be launched before 2023,\" BofA Securities' Mohan said.Here is a list of Apple launches at previous events:Past EventsDateProducts launchedWorldwide Developer's ConferenceJune 6, 2022MacBooks with M2 chip\"Peak Performance\"March 8, 2022iPhone SE, iPad Air, Mac Studio, Studio Display,\"Unleashed\"Oct. 18, 2021MacBook Pro with M1 Pro and M1 Max chips, AirPods 3rd Gen\"California Streaming\"Sept. 14, 2021iPhone 13 series, iPad with A13, iPad Mini with A15, Apple Watch Series 7\"Spring Loaded\"April 20, 2021iPad Pro with M1, AirTag, iPhone 12 and 12 mini in purpleAlso Read: Apple iPhone 14 event: A price hike is expected, but will there be ‘one more thing’?  Source: MarketWatchApple Inc.’s coming iPhone 14 lineup might not bring too many new features, but there could be one big change in store.After holding steady on iPhone prices a year ago, some analysts expect that Apple will increase the price of its iPhone 14 Pro models this year amid camera, chip, and design enhancements—as well as lingering pressure from supply costs and the strong U.S. dollar. Amid the highest inflation rates in decades, there have been concerns about consumers growing more cost-conscious — especially lower-wage earners — but Apple is expected to keep its standard iPhone models at the same starting price while increasing the base $999 and $1,199 prices on its iPhone Pro and Pro Max.“While the base iPhone will stay at the same price we believe a $100 price increase on the iPhone 14 Pro/Pro Max is likely in store given component price increases as well as added functionality on this new release,” Wedbush analyst Daniel Ives wrote in a recent note to clients.The company is expected to debut the new iPhone family at a Wednesday event that will kick off at 1 p.m. Eastern time. Apple’s smartphones are its biggest business by far, bringing in more than $162 billion through three quarters of the company’s fiscal year, more than 57% of Apple’s revenue total.But The planned iPhone 14 debut comes amid uncertainty about how smartphone demand will hold up in the macroeconomic climate. IDC recently projected a 6.5% decline in global smartphone shipments this year, after shipments underperformed their estimates while declining for four quarters in a row. iPhone demand seems to have held up better than the overall market, however, and Apple Chief Executive Tim Cook said on the company’s last earnings call that he hadn’t noticed “obvious evidence of macroeconomic impact” on the iPhone.Other than the price, the biggest news out of Apple’s event could be what isn’t mentioned, or gets taken away. Few observers expect Apple to show off its highly anticipated next product category, a headset, and Apple could be saying goodbye to the iPhone Mini and the infamous “notch.”Apple is expected to do away with the mini version of its base iPhone, and it could add a 6.7-inch configuration for the first time, according to Bloomberg News. Also, five years after Apple introduced a “notch” at the top of its iPhone X model that wasn’t exactly a fan favorite, Bloomberg reports it could finally be going away with the iPhone 14 update in favor of “hole-punch and pill-shaped cutouts for the front camera and Face ID sensors.”A Steve Jobs-worthy “One More Thing” that details Apple’s next big invention has long been absent from iPhone events, but his successor might have something up his sleeve that fits the bill. Apple has been developing a headset that is expected to integrate long-gestating mixed-reality technology, which Cook has long called “a big idea like the smartphone.” Experts expect it to reach consumers in 2023 at the earliest, but few analysts believe its first appearance will be at Wednesday’s event, even as Meta Platforms Inc. prepares to reveal its next-generation VR tech.Given a lack of chatter about the device more recently, it’s perhaps unlikely that Apple is ready to trot the product out for viewing in September—or else the silence means that Apple has done a good job of keeping the wraps on its “one more thing.” Bloomberg reported in May that the company “aimed to unveil the headset as early as the end of this year or sometime next year, with a consumer release planned for 2023.”Those holding out for foldable and flip phones like the models Samsung Electronics Co. Ltd. debuted a few weeks back will likely have to keep waiting for that sort of launch at Apple, but iPhone fans should expect a faster processor and the end of a much-mocked design element.There could be a long awaited announcement of satellite connection technology for iPhones, which would allow people to communicate even while far off the beaten path. The move was expected last year and was not announced, and a similar setup is happening into this year, with analyst Ming-Chi Kuo writing this week that “Apple had completed hardware tests for this feature,” but “whether iPhone 14 will offer satellite communication service depends on whether Apple and operators can settle the business model.”The iPhone Pro models are expected to get the majority of the upgrades, relative to the regular iPhone models. Bloomberg News has reported that Apple plans to introduce a 48-megapixel camera, a faster chip, and better battery life for the iPhone 14 Pro and iPhone 14 Pro Max. MacRumors notes that the enhanced camera would let more light pass through the lens, something that could allow for better image quality, including when shooting with the company’s Portrait Mode feature.The iPhone 14 Pro could also feature the new A16 chip, which MacRumors has said may help the company power the new camera, as well as the always-on display that some Apple watchers are expecting to finally see on the latest model. While Apple is thought to be planning chip upgrades for the Pro models, 9to5Mac expects that the company could stick with the same A15 chip for the base iPhone 14 line that was used in the iPhone 13 family.Also expected at the Wednesday event is an update to the Apple Watch lineup. Bloomberg reports that Apple is planning to introduce an Apple Watch SE featuring a faster chip, an Apple Watch Series 8 containing a body-temperature sensor, and a pro-level model. Evercore ISI analyst Amit Daryanani said that the hypothetical Apple Watch Pro could bring “more battery life, a larger screen, and new fitness features.”Apple’s iPhone event comes a week earlier in September than its one last year, suggesting to Evercore’s Daryanani that the company might also make the phones available for purchase sooner. For investors, that means Apple’s September quarter could feature an extra week of iPhone sales relative to last year’s.Apple stock has declined 10.9% so far this year, as the Dow Jones Industrial Average — which counts Apple among its 30 components — has declined 12.9% and the S&P 500 index has fallen 16.8%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908718633,"gmtCreate":1659436943424,"gmtModify":1705980345028,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hold for now&nbsp;","listText":"Hold for now&nbsp;","text":"Hold for now","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908718633","repostId":"1188690484","repostType":4,"repost":{"id":"1188690484","pubTimestamp":1659454673,"share":"https://www.laohu8.com/m/news/1188690484?lang=&edition=full","pubTime":"2022-08-02 23:37","market":"us","language":"en","title":"Alibaba: Be Greedy When Others Are Fearful","url":"https://stock-news.laohu8.com/highlight/detail?id=1188690484","media":"Seeking Alpha","summary":"SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a ","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Alibaba has grown at a 5-year CAGR of more than 42%, but the company&#39;s stock is trading at a PE of about x17.</li><li>The stock is down about 70% from ATH and now trades at very attractive risk/reward levels.</li><li>Personally, I see more than 50% upside for BABA stock, as I calculate the company&#39;s fair value with a residual earnings model.</li></ul><p><b>Thesis</b></p><p>I am very bullish on Alibaba (NYSE:BABA) stock. I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett&#39;s key maxims:</p><blockquote>Be greedy when others are fearful.</blockquote><p>Alibaba has grown at a 5-year CAGR of more than 42%, but the company&#39;s stock is trading at a PE of about x17. This indicates a clear undervaluation.</p><p>Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.</p><p>Personally, I see more than 50% upside for BABA stock, as I calculate the company&#39;s fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.</p><p><b>A Best-In-Class Company</b></p><p>Alibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).</p><p>Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world&#39;s biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.</p><p>Moreover, Alibaba is a dominant force in China&#39;s cloud market with about37% market share. China&#39;s cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party&#39;s5-year development plan.</p><p><b>Bullish Financials</b></p><p>In the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.</p><p>Alibaba&#39;sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company&#39;s market capitalization. Moreover, Alibaba&#39;s business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.</p><p>Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.</p><p><b>The Buying Opportunity</b></p><p>Despite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.</p><p><img src=\"https://static.tigerbbs.com/c01e6eab7204bcc90b5af9aa0d87ac85\" tg-width=\"640\" tg-height=\"232\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p>Alibaba is a quality company, and the stock&#39;s undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?</p><p>I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba&#39;s extremely depressed valuation - now the company&#39;s stock is trading at a PE of about x17- I argue an investment is justified.</p><p>Moreover, there are signs that all of Alibaba&#39;s headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.</p><p>In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.</p><p>Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.</p><p><img src=\"https://static.tigerbbs.com/8fa3c940aeeed4780c87b1ca71bdb180\" tg-width=\"640\" tg-height=\"228\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Residual Earnings Valuation</b></p><p>Let us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:</p><ul><li>To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal &#39;till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.</li><li>To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock&#39;s beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company&#39;s idiosyncratic market risk.</li><li>To derive Baidu&#39;s tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.</li><li>For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba&#39;s high-potential initiatives</li><li>I do not model any share buyback further supporting a conservative valuation.</li></ul><p>Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.</p><p><img src=\"https://static.tigerbbs.com/b7cb860aca7fa48ef2afe7e265d3effa\" tg-width=\"640\" tg-height=\"229\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author&#39;s Calculation</p><p>I understand that investors might have different assumptions with regards to Alibaba&#39;s required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!</p><p><img src=\"https://static.tigerbbs.com/62ba3323a1f09e75477921298d84cbf8\" tg-width=\"640\" tg-height=\"154\" referrerpolicy=\"no-referrer\"/></p><p>Analyst Consensus EPS; Author&#39;s Calculation</p><p><b>Investment Risks</b></p><p>Investors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:</p><p>First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba&#39;s short/mid-term business monetization accordingly.</p><p>Secondly, China&#39;s internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.</p><p>Third, much of BABA&#39;s share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company&#39;s business fundamentals remain unchanged.</p><p><b>Conclusion</b></p><p>Alibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba&#39;s sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.</p><p>Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: Be Greedy When Others Are Fearful</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlibaba: Be Greedy When Others Are Fearful\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-02 23:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward ...</p>\n\n<a href=\"https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-SW"},"source_url":"https://seekingalpha.com/article/4528176-alibaba-be-greedy-when-others-fearful","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188690484","content_text":"SummaryAlibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17.The stock is down about 70% from ATH and now trades at very attractive risk/reward levels.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model.ThesisI am very bullish on Alibaba (NYSE:BABA) stock. I strongly believe that the market has priced in too much negativity and pessimism as compared to reality and investors are well advised to follow one of Buffett's key maxims:Be greedy when others are fearful.Alibaba has grown at a 5-year CAGR of more than 42%, but the company's stock is trading at a PE of about x17. This indicates a clear undervaluation.Of course, I understand that investors are worried about a potential ADR delisting, slowing economy and crackdown on internet/tech companies. However, just like a bull market tops on the most bullish conditions, a bear market bottoms on the most bearish conditions. While investors should study and understand the risks, I personally believe that Alibaba stock will rebound strongly from current price levels of below $100/share.Personally, I see more than 50% upside for BABA stock, as I calculate the company's fair value with a residual earnings model anchored on fundamentals and analyst consensus estimates. My target price is $133.92.A Best-In-Class CompanyAlibaba is one of the biggest e-commerce companies in the world. The company operates three main shopping sites Taobao, Tmall and Alibaba.com, which cumulatively serve some 828 million monthly active buyers (fiscal year ending March 31, 2021).Alibaba also has stakes in multiple innovative internet/technology businesses such as Youku (video entertainment), Pony.Ai (Autonomous Driving) and most notably Ant Group (The world's biggest financial service company). Alipay serves almost the entire population in China. The platform has 1.3 billion users and 80 million merchants. Notably, the total payment volume of Alipay was more than $19 trillion in 2021.Moreover, Alibaba is a dominant force in China's cloud market with about37% market share. China's cloud market is expected to grow at a 4-year CAGR of more than 25%, reaching $85 billion in 2026. As the market leader in China, Alibaba is poised to benefit from this super-charged cloud-growth. Cloud is also a business vertical where the company should enjoy government tailwind, as the Chinese Communist Party is actively supporting digitalization efforts of the economy and has made cloud development a key-priority in the party's5-year development plan.Bullish FinancialsIn the past financial year, the Alibaba Group generated total revenues of about $134.5 billion and recorded an operating income of about $15 billion. Most notably in the past five years, from March 2017 to March 2022, Alibaba has grown at an unbelievable 5-year CAGR of 42%. For reference, this is almost double the growth rate of Amazon, which grew at a 5-year CAGR of 22% CAGR over the same period. Alibaba closed the fiscal year 2021 with 9.8 billion of net-income available to common shareholders.Alibaba'sbalance sheet is very strong: As of March 2022, the company recorded $71.7 billion of cash and cash equivalents and only $27.85 of total financial debt. This makes Alibaba a net-creditor of about $43 billion -- which is 17% of the company's market capitalization. Moreover, Alibaba's business operations, despite the strong growth, are cash-accretive. In fiscal 2021, the company generated cash from operations of $22.5 billion. Under these circumstances it should come to no surprise that the company announced a $25 billion share-buyback program, more than 10% of the outstanding shares) in March 2022.Alibaba will announce earnings for the quarter from April to end of June on August 4th before the market open. Analyst consensus expects total revenues of $30.21 billion and EPS of $1.56.The Buying OpportunityDespite the strong business fundamentals, Alibaba stock suffered a spectacular sell-off. BABA shares are down about 70% from ATH as the company was pressured by multiple headwinds: ADR delisting fears, as slowing economy , Covid-19 lockdowns and an aggressive regulatory crackdown that started with the cancellation of the Ant Group IPO in November 2020.Seeking AlphaAlibaba is a quality company, and the stock's undervaluation is no secret to investors. The key-question is: is the worst behind, and can investors safely invest in Alibaba stock?I strongly believe that a safe investment does not exist. In my opinion, every investment opportunity must be judged as a function of its price. And the lower the price, the less risky an investment becomes. Thus, investing is a question of risk/reward. Given Alibaba's extremely depressed valuation - now the company's stock is trading at a PE of about x17- I argue an investment is justified.Moreover, there are signs that all of Alibaba's headwinds are easing and the negativity surrounding the stock has peaked. China has on multiple occasions tried to communicate to investors that the internet/technology crackdown is coming to an end and is actively supporting the healthy expansion of digital platform economies.In addition, China has vowed to push more fiscal economic support- with a special focus on digitalization. While western economies are hawkish on fiscal and monetary stimulus - ending a decade long easing cycle, China is one of the few economies that appears to start a new stimulus cycle.Analysts agree with the bullish thesis. In general, analysts are very bullish on Alibaba stock. Based on ratings of 44 analysts, 33 analysts give a Strong Buy rating, 8 are Buy rated and 3 assign a Hold recommendation. There is no Sell or Strong Sell rating. The average price target is $155.47/share, indicating more than 70% upside.Seeking AlphaResidual Earnings ValuationLet us now look at the valuation. What could be a fair per-share value for Alibaba stock? To answer the question, I have constructed a Residual Earnings framework and anchor on the following assumptions:To forecast EPS, I anchor on consensus analyst forecast as available on the Bloomberg Terminal 'till 2025. In my opinion, any estimate beyond 2025 is too speculative to include in a valuation framework. But for 2-3 years, analyst consensus is usually quite precise.To estimate the cost of capital, I use the WACC framework. I model a three-year regression against the Hang Seng to find the stock's beta. For the risk-free rate, I used the U.S. 10-year treasury yield as of July 22nd, 2022. My calculation indicates a fair WACC of about 9.8%. I adjust upward to 12% in order to reflect the company's idiosyncratic market risk.To derive Baidu's tax rate, I extrapolate the 3-year average effective tax-rate from 2019, 2020 and 2021.For the terminal growth rate, I apply expected nominal GDP growth plus one percentage point to reflect a favorable growth outlook for Alibaba's high-potential initiativesI do not model any share buyback further supporting a conservative valuation.Based on the above assumptions, my calculation returns a base-case target price for Alibaba of $133.92/share, implying material upside of more than 50%.Analyst Consensus EPS; Author's CalculationI understand that investors might have different assumptions with regards to Alibaba's required return and terminal business growth. Thus, I also enclose a sensitivity table to test varying assumptions. For reference, red-cells imply an overvaluation as compared to the current market price, and green-cells imply an undervaluation. Notably, all tested combinations imply an undervaluation!Analyst Consensus EPS; Author's CalculationInvestment RisksInvestors should be aware of the following downside risks that might cause Alibaba stock to materially deviate from my base-case target price of $133.92/share:First, the economy is currently pressured by multiple headwinds including inflation, real-estate crisis and COVID-19 lockdowns. If the economy would slow more than what is expected and priced in, investors should adjust expectations for Alibaba's short/mid-term business monetization accordingly.Secondly, China's internet/tech companies are strongly exposed to regulatory risk. While the worst seems to be behind us, the elevated risk exposure persists -- and will arguably never completely fade.Third, much of BABA's share price volatility is currently driven by investor sentiment towards Chinese ADRs and risk assets. Thus, BABA stock price might show strong price volatility even though the company's business fundamentals remain unchanged.ConclusionAlibaba stock is down 70% from ATH, but the company remains a global powerhouse with enormous long-term potential. Trading at a PE of below x17, despite growing like a start-up, I argue Alibaba's sell-off could offer long-term focused investors, that can stomach short term share-price volatility, a generational buying opportunity.Personally, I see more than 50% upside for BABA stock, despite cautious and conservative valuation assumptions. Strong Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9907066844,"gmtCreate":1660108941591,"gmtModify":1703478039989,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9907066844","repostId":"2258269986","repostType":2,"repost":{"id":"2258269986","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":1660107865,"share":"https://www.laohu8.com/m/news/2258269986?lang=&edition=full","pubTime":"2022-08-10 13:04","market":"us","language":"en","title":"Musk Sells Tesla Shares Worth $6.9 Billion, Cites Chance of Forced Twitter Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2258269986","media":"Reuters","summary":"Aug 10 (Reuters) - Tesla IncChief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he ","content":"<html><head></head><body><p>Aug 10 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.</p><p>&#34;In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,&#34; he said in a tweet late on Tuesday.</p><p>Musk in early July tore up his April 25 agreement to buy Twitter for $44 billion. Twitter has sued Musk to force him to complete the transaction, dismissing his claim that he was misled about the number of spam accounts on the social media platform as buyer&#39;s remorse in the wake of a plunge in technology stocks. The two sides head to trial on Oct. 17.</p><p>&#34;Street will read through this poker move that chances of Twitter deal more likely now,&#34; Dan Ives, an analyst at Wedbush Securities, tweeted.</p><p>In other comments on Twitter on Tuesday, Musk said &#34;yes&#34; when asked if he was done selling Tesla stock, and also said he would buy Tesla stock again if the Twitter deal does not close.</p><p>Tesla did not immediately respond to a Reuters request for comment.</p><p>Musk, the world&#39;s richest person, sold $8.5 billion worth of Tesla shares in April and had said at the time there were no further sales planned. But since then, legal experts had suggested that if Musk is forced to complete the acquisition or settle the dispute with a stiff penalty, he was likely to sell more Tesla shares.</p><p>Musk sold about 7.92 million shares between Aug.5 and Aug.9, according to multiple filings. He now owns 155.04 million Tesla shares or just under 15% of the automaker according to Reuters calculations.</p><p>The latest sales bring total Tesla stock sales by Musk to about $32 billion in less than one year.</p><p>Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration&#39;s climate bill that, if passed, would lift the cap on tax credits for electric vehicles.</p><p>Musk also teased on Tuesday that he could start his own social media platform. When asked by a Twitter user if he had thought about creating his own platform if the deal didn&#39;t close, he replied: &#34;X.com&#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>Musk Sells Tesla Shares Worth $6.9 Billion, Cites Chance of Forced Twitter Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk Sells Tesla Shares Worth $6.9 Billion, Cites Chance of Forced Twitter Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-08-10 13:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Aug 10 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.</p><p>&#34;In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,&#34; he said in a tweet late on Tuesday.</p><p>Musk in early July tore up his April 25 agreement to buy Twitter for $44 billion. Twitter has sued Musk to force him to complete the transaction, dismissing his claim that he was misled about the number of spam accounts on the social media platform as buyer&#39;s remorse in the wake of a plunge in technology stocks. The two sides head to trial on Oct. 17.</p><p>&#34;Street will read through this poker move that chances of Twitter deal more likely now,&#34; Dan Ives, an analyst at Wedbush Securities, tweeted.</p><p>In other comments on Twitter on Tuesday, Musk said &#34;yes&#34; when asked if he was done selling Tesla stock, and also said he would buy Tesla stock again if the Twitter deal does not close.</p><p>Tesla did not immediately respond to a Reuters request for comment.</p><p>Musk, the world&#39;s richest person, sold $8.5 billion worth of Tesla shares in April and had said at the time there were no further sales planned. But since then, legal experts had suggested that if Musk is forced to complete the acquisition or settle the dispute with a stiff penalty, he was likely to sell more Tesla shares.</p><p>Musk sold about 7.92 million shares between Aug.5 and Aug.9, according to multiple filings. He now owns 155.04 million Tesla shares or just under 15% of the automaker according to Reuters calculations.</p><p>The latest sales bring total Tesla stock sales by Musk to about $32 billion in less than one year.</p><p>Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration&#39;s climate bill that, if passed, would lift the cap on tax credits for electric vehicles.</p><p>Musk also teased on Tuesday that he could start his own social media platform. When asked by a Twitter user if he had thought about creating his own platform if the deal didn&#39;t close, he replied: &#34;X.com&#34;</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258269986","content_text":"Aug 10 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media platform.\"In the (hopefully unlikely) event that Twitter forces this deal to close *and* some equity partners don’t come through, it is important to avoid an emergency sale of Tesla stock,\" he said in a tweet late on Tuesday.Musk in early July tore up his April 25 agreement to buy Twitter for $44 billion. Twitter has sued Musk to force him to complete the transaction, dismissing his claim that he was misled about the number of spam accounts on the social media platform as buyer's remorse in the wake of a plunge in technology stocks. The two sides head to trial on Oct. 17.\"Street will read through this poker move that chances of Twitter deal more likely now,\" Dan Ives, an analyst at Wedbush Securities, tweeted.In other comments on Twitter on Tuesday, Musk said \"yes\" when asked if he was done selling Tesla stock, and also said he would buy Tesla stock again if the Twitter deal does not close.Tesla did not immediately respond to a Reuters request for comment.Musk, the world's richest person, sold $8.5 billion worth of Tesla shares in April and had said at the time there were no further sales planned. But since then, legal experts had suggested that if Musk is forced to complete the acquisition or settle the dispute with a stiff penalty, he was likely to sell more Tesla shares.Musk sold about 7.92 million shares between Aug.5 and Aug.9, according to multiple filings. He now owns 155.04 million Tesla shares or just under 15% of the automaker according to Reuters calculations.The latest sales bring total Tesla stock sales by Musk to about $32 billion in less than one year.Tesla shares have risen nearly 15% since the automaker reported better-than-expected earnings on July 20, also helped by the Biden administration's climate bill that, if passed, would lift the cap on tax credits for electric vehicles.Musk also teased on Tuesday that he could start his own social media platform. When asked by a Twitter user if he had thought about creating his own platform if the deal didn't close, he replied: \"X.com\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":28,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9042623214,"gmtCreate":1656469904138,"gmtModify":1676535835991,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9042623214","repostId":"1175550998","repostType":2,"repost":{"id":"1175550998","pubTimestamp":1656468418,"share":"https://www.laohu8.com/m/news/1175550998?lang=&edition=full","pubTime":"2022-06-29 10:06","market":"sg","language":"en","title":"5 Singapore Stocks I Would Buy if the Market Crashed","url":"https://stock-news.laohu8.com/highlight/detail?id=1175550998","media":"The Smart Investor","summary":"It’s always useful to prepare an umbrella before it rains.Likewise, when it comes to stocks, it is u","content":"<html><head></head><body><p>It’s always useful to prepare an umbrella before it rains.</p><p>Likewise, when it comes to stocks, it is useful to maintain a watchlist of stocks before a market crash appears.</p><p>By doing prior research and understanding how these businesses work, you will have greater confidence to buy them should their share prices dip.</p><p>With the recent bear market in the NASDAQ for growth stocks, some investors may be wondering if the same could happen over in the Singapore market.</p><p>During times of economic stress, it makes sense to stick with well-run companies such as blue-chip stocks and REITs with strong sponsors.</p><p>Here are five Singapore stocks I will gladly scoop up should there be a bear market.</p><p><b>DBS Group (SGX: D05)</b></p><p>When the economy takes a sharp dive, it’s natural to seek shelter in familiar names.</p><p>DBS is one of the most reputable banks in the region and is Singapore’s largest lender.</p><p>The group has gone through numerous economic cycles and has come out stronger each time.</p><p>2021 was no different as the bank reported a record net profit of S$6.8 billion, driven by healthy loan book growth and higher fee income.</p><p>The bank also paid out an interim quarterly dividend of S$0.36 per share for its most recent fiscal 2022’s first quarter (1Q2022), bringing annualised FY2022 dividend to S$1.44.</p><p>Shares of DBS sport a forward dividend yield of 4.8%.</p><p>The bank’s strong franchise, along with rising interest rates, should stand it in good stead to do well in the future.</p><p><b>Mapletree Logistics Trust (SGX: M44U)</b></p><p>Moving on to REITs, a prime candidate for long-term ownership is Mapletree Logistics Trust, or MLT.</p><p>The logistics REIT owns 183 properties in eight countries with assets under management (AUM) of S$13.1 billion as of 31 March 2022.</p><p>MLT has demonstrated its resilience by declaring a distribution per unit (DPU) of S$0.8787 for its fiscal 2022 (FY2022), up 5.5% year on year.</p><p>Gross revenue for FY2022 increased by 20.9% year on year to S$678.5 million while net property income rose 18.6% year on year, underpinned by stable operations and acquisitions.</p><p>MLT had announced a slew of acquisitions for FY2022 such as a logistics centre in South Korea and a portfolio of 16 logistics properties in China and Vietnam.</p><p>With aggregate leverage at 36.8% along with a low cost of debt at 2.2%, the REIT looks poised for more acquisitions to grow its DPU further.</p><p><b>CapitaLand Investment Limited (SGX: 9CI)</b></p><p>CapitaLand Investment Limited, or CLI, is a real estate investment manager with S$124 billion of AUM and S$86 billion of funds under management as of 31 March 2022.</p><p>The property group has two main pillars of growth – increasing its funds under management (FUM) and fee-related earnings (FRE).</p><p>These pillars are achieved through three main strategies – fund management, lodging management, and capital management.</p><p>CLI remains on track for 1Q2022, with revenue from its fee income-related businesses rising 17% year on year.</p><p>For its real estate investment business, 1Q2022 revenue saw a 28% year on year jump to S$403 million.</p><p><b>CapitaLand Integrated Commercial Trust (SGX: C38U)</b></p><p>CapitaLand Integrated Commercial Trust, or CICT, owns both retail and commercial properties.</p><p>The REIT’s portfolio comprises 20 properties in Singapore, two in Germany and two in Sydney, Australia, with an AUM of S$22.9 billion as of 24 March 2022.</p><p>CICT’s DPU improved from S$0.0869 in FY2020 to S$0.104 in FY2021, giving units of the REIT a trailing distribution yield of 4.7%.</p><p>The REIT maintained a portfolio occupancy of 93.6% as of 31 March 2022.</p><p>Meanwhile, CICT recently completed the acquisition of a 70% interest in CapitaSky, a high-quality Grade A office building in Singapore.</p><p>Shopper traffic at CICT’s malls saw a slight 5.3% year on year dip but tenant sales inched up 0.6% year on year for 1Q2022.</p><p><b>Venture Corporation Limited (SGX: V03)</b></p><p>If you’re looking for a company to latch on to the global electronics boom, look no further than Venture Corporation.</p><p>The group is a provider of technology products, solutions and services with over 12,000 employees worldwide.</p><p>Venture enjoyed broad-based growth across many of its domains such as medical devices, life sciences, genomics, and advanced payment systems.</p><p>As a result, revenue for 1Q2022 surged by 29.5% year on year to S$889.3 million while net profit rose 28.6% year on year to S$84 million.</p><p>The group maintains a sanguine outlook despite the challenge of supply chain disruptions.</p><p>Demand is expected to remain healthy while new product launches have been well-received by end customers.</p><p>The group continues to invest in new capabilities to ensure it stays abreast of the latest technological trends.</p></body></html>","source":"lsy1602567310727","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Singapore Stocks I Would Buy if the Market Crashed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Singapore Stocks I Would Buy if the Market Crashed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-29 10:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/5-singapore-stocks-i-would-buy-if-the-market-crashed/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s always useful to prepare an umbrella before it rains.Likewise, when it comes to stocks, it is useful to maintain a watchlist of stocks before a market crash appears.By doing prior research and ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/5-singapore-stocks-i-would-buy-if-the-market-crashed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"9CI.SI":"凯德投资","V03.SI":"创业公司","M44U.SI":"丰树物流信托","D05.SI":"星展集团控股","C38U.SI":"凯德商用新加坡信托"},"source_url":"https://thesmartinvestor.com.sg/5-singapore-stocks-i-would-buy-if-the-market-crashed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175550998","content_text":"It’s always useful to prepare an umbrella before it rains.Likewise, when it comes to stocks, it is useful to maintain a watchlist of stocks before a market crash appears.By doing prior research and understanding how these businesses work, you will have greater confidence to buy them should their share prices dip.With the recent bear market in the NASDAQ for growth stocks, some investors may be wondering if the same could happen over in the Singapore market.During times of economic stress, it makes sense to stick with well-run companies such as blue-chip stocks and REITs with strong sponsors.Here are five Singapore stocks I will gladly scoop up should there be a bear market.DBS Group (SGX: D05)When the economy takes a sharp dive, it’s natural to seek shelter in familiar names.DBS is one of the most reputable banks in the region and is Singapore’s largest lender.The group has gone through numerous economic cycles and has come out stronger each time.2021 was no different as the bank reported a record net profit of S$6.8 billion, driven by healthy loan book growth and higher fee income.The bank also paid out an interim quarterly dividend of S$0.36 per share for its most recent fiscal 2022’s first quarter (1Q2022), bringing annualised FY2022 dividend to S$1.44.Shares of DBS sport a forward dividend yield of 4.8%.The bank’s strong franchise, along with rising interest rates, should stand it in good stead to do well in the future.Mapletree Logistics Trust (SGX: M44U)Moving on to REITs, a prime candidate for long-term ownership is Mapletree Logistics Trust, or MLT.The logistics REIT owns 183 properties in eight countries with assets under management (AUM) of S$13.1 billion as of 31 March 2022.MLT has demonstrated its resilience by declaring a distribution per unit (DPU) of S$0.8787 for its fiscal 2022 (FY2022), up 5.5% year on year.Gross revenue for FY2022 increased by 20.9% year on year to S$678.5 million while net property income rose 18.6% year on year, underpinned by stable operations and acquisitions.MLT had announced a slew of acquisitions for FY2022 such as a logistics centre in South Korea and a portfolio of 16 logistics properties in China and Vietnam.With aggregate leverage at 36.8% along with a low cost of debt at 2.2%, the REIT looks poised for more acquisitions to grow its DPU further.CapitaLand Investment Limited (SGX: 9CI)CapitaLand Investment Limited, or CLI, is a real estate investment manager with S$124 billion of AUM and S$86 billion of funds under management as of 31 March 2022.The property group has two main pillars of growth – increasing its funds under management (FUM) and fee-related earnings (FRE).These pillars are achieved through three main strategies – fund management, lodging management, and capital management.CLI remains on track for 1Q2022, with revenue from its fee income-related businesses rising 17% year on year.For its real estate investment business, 1Q2022 revenue saw a 28% year on year jump to S$403 million.CapitaLand Integrated Commercial Trust (SGX: C38U)CapitaLand Integrated Commercial Trust, or CICT, owns both retail and commercial properties.The REIT’s portfolio comprises 20 properties in Singapore, two in Germany and two in Sydney, Australia, with an AUM of S$22.9 billion as of 24 March 2022.CICT’s DPU improved from S$0.0869 in FY2020 to S$0.104 in FY2021, giving units of the REIT a trailing distribution yield of 4.7%.The REIT maintained a portfolio occupancy of 93.6% as of 31 March 2022.Meanwhile, CICT recently completed the acquisition of a 70% interest in CapitaSky, a high-quality Grade A office building in Singapore.Shopper traffic at CICT’s malls saw a slight 5.3% year on year dip but tenant sales inched up 0.6% year on year for 1Q2022.Venture Corporation Limited (SGX: V03)If you’re looking for a company to latch on to the global electronics boom, look no further than Venture Corporation.The group is a provider of technology products, solutions and services with over 12,000 employees worldwide.Venture enjoyed broad-based growth across many of its domains such as medical devices, life sciences, genomics, and advanced payment systems.As a result, revenue for 1Q2022 surged by 29.5% year on year to S$889.3 million while net profit rose 28.6% year on year to S$84 million.The group maintains a sanguine outlook despite the challenge of supply chain disruptions.Demand is expected to remain healthy while new product launches have been well-received by end customers.The group continues to invest in new capabilities to ensure it stays abreast of the latest technological trends.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912830781,"gmtCreate":1664790399944,"gmtModify":1676537508838,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>","text":"$Tesla Motors(TSLA)$","images":[{"img":"https://community-static.tradeup.com/news/77e9b295fec10e810bf9c27ab8efa1d8","width":"1125","height":"1908"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9912830781","isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9992094538,"gmtCreate":1661223099025,"gmtModify":1676536478253,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992094538","repostId":"1168024751","repostType":2,"repost":{"id":"1168024751","pubTimestamp":1661219701,"share":"https://www.laohu8.com/m/news/1168024751?lang=&edition=full","pubTime":"2022-08-23 09:55","market":"us","language":"en","title":"Intel, AMD, And NVIDIA: Why One Clearly Beats The Rest","url":"https://stock-news.laohu8.com/highlight/detail?id=1168024751","media":"Seeking Alpha","summary":"SummaryIntel, AMD, and NVIDIA had very different quarters.One company easily beats the other two per","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Intel, AMD, and NVIDIA had very different quarters.</li><li>One company easily beats the other two performance-wise, making it the most favorable pick today.</li><li>I&#39;ll layout why I believe that one of these is a better investment than the other two at current levels.</li></ul><p><b>Article Thesis</b></p><p>Intel (INTC), NVIDIA (NVDA), and Advanced Micro Devices (NASDAQ:AMD) all reported their most recent quarterly results over the last couple of weeks. The performance during that period was very uneven, however. One of these companies, AMD, clearly outperformed its peers and seems to be well-positioned for strong results in the current year. As it is also not trading at a high valuation, AMD looks like the best pick among these three today.</p><p><b>3 Semi Stocks With Very Different Results</b></p><p>Intel, NVIDIA, and AMD all reported their most recent quarterly results over the last two weeks, with the addendum that in NVIDIA&#39;s case, the release was a pre-earnings announcement where it reported its revenue but not its profits.</p><p>Results in the respective second quarters of these three companies were very different. Intel, the worst performer during that period, saw its revenue plunge by 17%, which can only be described as disastrous. A more in-depth discussion of Intel&#39;s weak quarter is available here. But in short, the company missed estimates on both lines, revised its guidance downwards, lost market share, and the free cash flow picture worsened dramatically. Intel has been the company with the least growth and the lowest valuation among these three peers, thus it is not too surprising to see it perform worse than AMD and NVIDIA growth-wise. But still, the results during the period were worse than expected, even though expectations weren&#39;t very high.</p><p>NVIDIA is the most expensive among these three chip stocks, which was mostly the result of its excellent growth in recent years. The company saw its business grow massively on the back of strong gaming demand, crypto miners buying its GPUs, AI tailwinds, and so on.</p><p><img src=\"https://static.tigerbbs.com/240e0c0f9dc642c746e37034b351e18d\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>NVDA Revenue (Annual)data by YCharts</p><p>Over the last three years, NVIDIA has slightly beaten AMD when it comes to growing the top line, whereas Intel has not really managed to add to its sales in a meaningful way. That, combined with the strong market outlook for NVIDIA&#39;s AI chips, made the market value NVIDIA at a pretty high valuation. When NVIDIA was trading at more than $300 per share last year, its valuation arguably was crazy high, but even today, NVIDIA remains a pretty pricy stock -- shares are valued at 50x this year&#39;s expected net profit. The pre-announced results for the most recent quarter do not really justify a valuation this high, one could argue.</p><p>The company stated that it would generate revenues of around $6.7 billion during the quarter, down by double-digits year over year. On a two-year stacked basis, revenues are still up quite a lot, which is not the case for Intel, but the revenue decline nevertheless isn&#39;t good news at all. Looking more closely, the data center business performed very well, as NVIDIA saw its sales grow by 61% in that unit. AMD&#39;s data center sales were very strong, too, whereas Intel&#39;s performance in that space was weak -- it seems clear that NVIDIA and AMD are taking share from Intel, a trend that could continue.</p><p>NVIDIA&#39;s gaming business, however, suffered from a major revenue pullback. To some extent, that can be explained by the fact that consumers aren&#39;t investing as much in new hardware as they did during the peak of the pandemic -- with lockdowns gone, they want to go out instead of sitting at home in front of their computers. But the crypto winter also plays a role in the gaming revenue pullback, as NVIDIA&#39;s GPUs are being used to mine cryptocurrencies such as Ethereum (ETH-USD). That has become less profitable as cryptos plunged, which led to lower demand for new chips.</p><p>In the long run, NVIDIA will most likely do well thanks to its strong position in data centers, autonomous driving, and so on. But at least for now, the company is not performing too well, which is why analysts have lowered their earnings per share estimates for the current year dramatically:</p><p><img src=\"https://static.tigerbbs.com/7ace4fb850ed30b94e20e344e75aee10\" tg-width=\"640\" tg-height=\"100\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>EPS estimates for the current year dropped by a hefty 30% over the last month. And yet, NVIDIA&#39;s shares climbed by around 10% over the same time frame. I released a bullish article on NVIDIA in July, but my stance has become less bullish since -- shares gained more than 10% and have outperformed the broad market since, and at the same time, the near-term outlook worsened. Locking in some gains might not be the worst of ideas, I believe.</p><p>AMD, on the other hand, has reported excellent results for its most recent quarter, and at the same time, it&#39;s quite attractively priced, I believe. Revenues jumped by more than 70% year over year. Even when we back out the impact of M&amp;A (mainly the Xilinx acquisition, which was an all-stock deal), AMD saw its sales soar. Revenue per share was up by around 50%, with data center revenue being the main source of additional sales. AMD also beat expectations for both lines.</p><p>Even better, the company&#39;s outlook for the remainder of the current year is pretty healthy as well. The company generated revenues of $12.4 billion during H1 and guides for full year revenues of around $26.3 billion. That means that revenue in H2 should come in around $14 billion, up double-digits from H1. At a time when many market participants are fearing a semiconductor downturn, caused by factors such as a recession, AMD is guiding towards ongoing compelling growth. That differentiates it from its peers NVIDIA and Intel, which are not seen growing by double-digits during the remainder of the year. In fact, Intel&#39;s and NVIDIA&#39;s shareholders might be quite happy if their companies managed to keep revenues flat during the second half of the year.</p><p>And yet, while AMD is the best performer from a growth perspective by far, it&#39;s not the most expensive among these three companies at all:</p><p><img src=\"https://static.tigerbbs.com/423ed0fdb810156cab90fc76a5160581\" tg-width=\"1280\" tg-height=\"943\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>INTC PE Ratio (Forward)data by YCharts</p><p>AMD is more expensive than Intel right now, but that seems more than justified based on AMD&#39;s way better growth, market share gains, stronger data center position, and stronger free cash flow generation. At the same time, AMD is way cheaper than NVIDIA -- based on forecasted profits for this year, NVIDIA trades at a more than 100% premium relative to AMD, which does not seem justified to me.</p><p>So from a growth and value perspective, AMD looks like the best pick among these three major semiconductor companies right now. It&#39;s growing faster than the other two, has a better near-term/H2 outlook, and yet does not seem expensive relative to its underlying performance and potential.</p><p><b>Is AMD A Good Buy Today?</b></p><p>Due to the aforementioned reasons, I think that Advanced Micro Devices is the most favorable investment among these three right now. But that does not necessarily mean that buying it right now must be a great choice. Shares have risen by ~40% from the lows seen earlier this year, and shares are also up by double-digits since we called AMD a Buy in April (while the market is flat since then).</p><p>I do believe that it might not be the perfect time to enter a position now, as shares have climbed considerably in recent weeks. But for someone with a longer-term outlook, AMD should still be a very solid investment at around $100 per share. Analysts are expecting that AMD will earn around $4.90 next year. The company has strong growth potential in the data center space via further market share gains, e.g. due to the company&#39;s introduction of new products such as its fifth-generation EPYC chips (&#34;Turin&#34;) that will launch in 2024. On top of that, healthy market growth in the data center space would allow AMD to grow its business meaningfully even without market share gains. New product launches in other categories and the company&#39;s buybacks -- the current program from this year covers 5% of its market capitalization -- will add additional earnings per share growth potential. All in all, a 12% earnings per share growth rate seems quite achievable over the next five years, I believe -- it&#39;s possible that actual growth will come in way ahead of that. But even with just 12% annual earnings per share growth, 2027&#39;s EPS would total around $7.70 -- put a 21x earnings multiple on that, and AMD is a $160 stock five years from now, which would make for pretty solid returns of 10% a year. If actual earnings per share growth comes in at 15%, which would still be way below the growth rate from the last couple of years, annual returns easily be in the low-teens range.</p><p>So from a timing perspective, right now is not the best time to enter a position -- the stock was considerably lower not too long ago, and might revisit those levels again in case the broad market turns lower. But despite that, it&#39;s reasonable to assume that AMD will deliver solid returns over the next couple of years, which means that AMD is far from a bad investment at current prices.</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>Intel, AMD, And NVIDIA: Why One Clearly Beats The Rest</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\">\nIntel, AMD, And NVIDIA: Why One Clearly Beats The Rest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-23 09:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4535871-amd-stock-beats-nvidia-intel><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIntel, AMD, and NVIDIA had very different quarters.One company easily beats the other two performance-wise, making it the most favorable pick today.I'll layout why I believe that one of these ...</p>\n\n<a href=\"https://seekingalpha.com/article/4535871-amd-stock-beats-nvidia-intel\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","NVDA":"英伟达","AMD":"美国超微公司"},"source_url":"https://seekingalpha.com/article/4535871-amd-stock-beats-nvidia-intel","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168024751","content_text":"SummaryIntel, AMD, and NVIDIA had very different quarters.One company easily beats the other two performance-wise, making it the most favorable pick today.I'll layout why I believe that one of these is a better investment than the other two at current levels.Article ThesisIntel (INTC), NVIDIA (NVDA), and Advanced Micro Devices (NASDAQ:AMD) all reported their most recent quarterly results over the last couple of weeks. The performance during that period was very uneven, however. One of these companies, AMD, clearly outperformed its peers and seems to be well-positioned for strong results in the current year. As it is also not trading at a high valuation, AMD looks like the best pick among these three today.3 Semi Stocks With Very Different ResultsIntel, NVIDIA, and AMD all reported their most recent quarterly results over the last two weeks, with the addendum that in NVIDIA's case, the release was a pre-earnings announcement where it reported its revenue but not its profits.Results in the respective second quarters of these three companies were very different. Intel, the worst performer during that period, saw its revenue plunge by 17%, which can only be described as disastrous. A more in-depth discussion of Intel's weak quarter is available here. But in short, the company missed estimates on both lines, revised its guidance downwards, lost market share, and the free cash flow picture worsened dramatically. Intel has been the company with the least growth and the lowest valuation among these three peers, thus it is not too surprising to see it perform worse than AMD and NVIDIA growth-wise. But still, the results during the period were worse than expected, even though expectations weren't very high.NVIDIA is the most expensive among these three chip stocks, which was mostly the result of its excellent growth in recent years. The company saw its business grow massively on the back of strong gaming demand, crypto miners buying its GPUs, AI tailwinds, and so on.NVDA Revenue (Annual)data by YChartsOver the last three years, NVIDIA has slightly beaten AMD when it comes to growing the top line, whereas Intel has not really managed to add to its sales in a meaningful way. That, combined with the strong market outlook for NVIDIA's AI chips, made the market value NVIDIA at a pretty high valuation. When NVIDIA was trading at more than $300 per share last year, its valuation arguably was crazy high, but even today, NVIDIA remains a pretty pricy stock -- shares are valued at 50x this year's expected net profit. The pre-announced results for the most recent quarter do not really justify a valuation this high, one could argue.The company stated that it would generate revenues of around $6.7 billion during the quarter, down by double-digits year over year. On a two-year stacked basis, revenues are still up quite a lot, which is not the case for Intel, but the revenue decline nevertheless isn't good news at all. Looking more closely, the data center business performed very well, as NVIDIA saw its sales grow by 61% in that unit. AMD's data center sales were very strong, too, whereas Intel's performance in that space was weak -- it seems clear that NVIDIA and AMD are taking share from Intel, a trend that could continue.NVIDIA's gaming business, however, suffered from a major revenue pullback. To some extent, that can be explained by the fact that consumers aren't investing as much in new hardware as they did during the peak of the pandemic -- with lockdowns gone, they want to go out instead of sitting at home in front of their computers. But the crypto winter also plays a role in the gaming revenue pullback, as NVIDIA's GPUs are being used to mine cryptocurrencies such as Ethereum (ETH-USD). That has become less profitable as cryptos plunged, which led to lower demand for new chips.In the long run, NVIDIA will most likely do well thanks to its strong position in data centers, autonomous driving, and so on. But at least for now, the company is not performing too well, which is why analysts have lowered their earnings per share estimates for the current year dramatically:Seeking AlphaEPS estimates for the current year dropped by a hefty 30% over the last month. And yet, NVIDIA's shares climbed by around 10% over the same time frame. I released a bullish article on NVIDIA in July, but my stance has become less bullish since -- shares gained more than 10% and have outperformed the broad market since, and at the same time, the near-term outlook worsened. Locking in some gains might not be the worst of ideas, I believe.AMD, on the other hand, has reported excellent results for its most recent quarter, and at the same time, it's quite attractively priced, I believe. Revenues jumped by more than 70% year over year. Even when we back out the impact of M&A (mainly the Xilinx acquisition, which was an all-stock deal), AMD saw its sales soar. Revenue per share was up by around 50%, with data center revenue being the main source of additional sales. AMD also beat expectations for both lines.Even better, the company's outlook for the remainder of the current year is pretty healthy as well. The company generated revenues of $12.4 billion during H1 and guides for full year revenues of around $26.3 billion. That means that revenue in H2 should come in around $14 billion, up double-digits from H1. At a time when many market participants are fearing a semiconductor downturn, caused by factors such as a recession, AMD is guiding towards ongoing compelling growth. That differentiates it from its peers NVIDIA and Intel, which are not seen growing by double-digits during the remainder of the year. In fact, Intel's and NVIDIA's shareholders might be quite happy if their companies managed to keep revenues flat during the second half of the year.And yet, while AMD is the best performer from a growth perspective by far, it's not the most expensive among these three companies at all:INTC PE Ratio (Forward)data by YChartsAMD is more expensive than Intel right now, but that seems more than justified based on AMD's way better growth, market share gains, stronger data center position, and stronger free cash flow generation. At the same time, AMD is way cheaper than NVIDIA -- based on forecasted profits for this year, NVIDIA trades at a more than 100% premium relative to AMD, which does not seem justified to me.So from a growth and value perspective, AMD looks like the best pick among these three major semiconductor companies right now. It's growing faster than the other two, has a better near-term/H2 outlook, and yet does not seem expensive relative to its underlying performance and potential.Is AMD A Good Buy Today?Due to the aforementioned reasons, I think that Advanced Micro Devices is the most favorable investment among these three right now. But that does not necessarily mean that buying it right now must be a great choice. Shares have risen by ~40% from the lows seen earlier this year, and shares are also up by double-digits since we called AMD a Buy in April (while the market is flat since then).I do believe that it might not be the perfect time to enter a position now, as shares have climbed considerably in recent weeks. But for someone with a longer-term outlook, AMD should still be a very solid investment at around $100 per share. Analysts are expecting that AMD will earn around $4.90 next year. The company has strong growth potential in the data center space via further market share gains, e.g. due to the company's introduction of new products such as its fifth-generation EPYC chips (\"Turin\") that will launch in 2024. On top of that, healthy market growth in the data center space would allow AMD to grow its business meaningfully even without market share gains. New product launches in other categories and the company's buybacks -- the current program from this year covers 5% of its market capitalization -- will add additional earnings per share growth potential. All in all, a 12% earnings per share growth rate seems quite achievable over the next five years, I believe -- it's possible that actual growth will come in way ahead of that. But even with just 12% annual earnings per share growth, 2027's EPS would total around $7.70 -- put a 21x earnings multiple on that, and AMD is a $160 stock five years from now, which would make for pretty solid returns of 10% a year. If actual earnings per share growth comes in at 15%, which would still be way below the growth rate from the last couple of years, annual returns easily be in the low-teens range.So from a timing perspective, right now is not the best time to enter a position -- the stock was considerably lower not too long ago, and might revisit those levels again in case the broad market turns lower. But despite that, it's reasonable to assume that AMD will deliver solid returns over the next couple of years, which means that AMD is far from a bad investment at current prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072256096,"gmtCreate":1658044897915,"gmtModify":1676536098364,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/BBBY\">$Bed Bath &amp; Beyond(BBBY)$</a>Just sharing&nbsp;","listText":"<a href=\"https://ttm.financial/S/BBBY\">$Bed Bath &amp; Beyond(BBBY)$</a>Just sharing&nbsp;","text":"$Bed Bath & Beyond(BBBY)$Just sharing","images":[{"img":"https://community-static.tradeup.com/news/56ad2ff8eebe6d6baac50e8d9c32cd9c","width":"1284","height":"2538"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072256096","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9933776577,"gmtCreate":1662351739200,"gmtModify":1676537043484,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good Sharing thx&nbsp;","listText":"Good Sharing thx&nbsp;","text":"Good Sharing thx","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9933776577","repostId":"1191279483","repostType":2,"repost":{"id":"1191279483","pubTimestamp":1662332406,"share":"https://www.laohu8.com/m/news/1191279483?lang=&edition=full","pubTime":"2022-09-05 07:00","market":"us","language":"en","title":"Apple Stock: What To Do Ahead Of The iPhone 14 Launch","url":"https://stock-news.laohu8.com/highlight/detail?id=1191279483","media":"TheStreet","summary":"It is time for Apple to unveil yet another version of its flagship tech device. The iPhone 14 will s","content":"<html><head></head><body><p>It is time for Apple to unveil yet another version of its flagship tech device. The iPhone 14 will see the light of day on September 7, during the company’s product launch event that starts at 10 a.m. Cupertino time.</p><p>Should investors take advantage and buy <b>Apple</b> stock ahead of this important date? We discuss below the risks and opportunities.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/41011c504d9f36481655aa81ce90bb6e\" tg-width=\"1240\" tg-height=\"827\" referrerpolicy=\"no-referrer\"/><span>Figure 1: Apple Stock: What To Do Ahead Of The iPhone 14 Launch</span></p><p><b>iPhone 14: another success story?</b></p><p>It is undeniable that Apple’s smartphone has been a success story, even 15 years after the late Steve Jobs introduced the original model. While the Cupertino company joined the 5G party at least one or two years late, with the launch of the iPhone 12 in 2020, Apple has certainly caught up with the competition as sales and market share gains have impressed in the past 24 months.</p><p>At least one analyst believes that the iPhone 14 will maintain the status quo — in the best way possible. Wedbush’s Dan Ives, who recently bumped his price target on AAPL to $220 for about 38% upside opportunity, sees demand staying near a peak.</p><p>The analyst has recently stated that, per his channel checks, iPhone 14 initial orders should remain at about 90 million units, in line with last year’s iPhone 13. If true, this will be impressive, in my view, considering the many headwinds: fears over lower consumer spending, global economic growth deceleration, and lingering supply chain constraints.</p><p>Even some of the bears seem to believe that the iPhone 14 will lend further momentum to Apple’s 5G cycle. ItauBBA’s Thiago Kapulskis is perhaps the only sell-side analyst to have an underperform rating on Apple shares. He fears that the new Pro and Pro Max models will see an inflation-driven $100 bump in price that may not even hurt demand for the portable device. In fact, the expert sees the iPhone 14 as a key risk for his bearish thesis on the stock.</p><p><b>But what about Apple stock?</b></p><p>One thing is the debate over how well the iPhone 14 will perform in the holiday season and into next year. A very different topic of conversation is whether strong financial results, if they come to fruition, will help to push Apple stock higher from the current levels of about $159 apiece.</p><p>When it comes to share price movement, iPhone launches have historically triggered more bearishness. The chart below shows that AAPL tends to outperform during the spring and early summer months. But once the new iPhone is announced, investors seem to “sell the news” and cause Apple stock to underperform into the end of the year, all the way through January.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2106a215ce482c5f413d5e25299b25b2\" tg-width=\"842\" tg-height=\"431\" referrerpolicy=\"no-referrer\"/><span>Figure 2: AAPL average monthly returns since iPhone launch.</span></p><p>I believe that the prospects for Apple investors look even worse in the short term if one considers the current mood of the markets. The S&amp;P 500 rallied during parts of July and August, only to set up yet another pullback later August. The story is all too familiar to equity investors: record-high inflation continues to pressure the central banks to keep raising interest rates, which is bad news for most risk assets.</p><p>For these reasons, I think that the iPhone 14 event is most likely to coincide with share price weakness. However, I would encourage long-term investors to think past the short-term challenges — and maybe even consider buying AAPL on weakness, should the stock price dip in the next few weeks.</p><p>Keep in mind that, historically, buying AAPL on dips has consistently produced better 12-month returns (see chart below). At this moment, shares are only about 13% below all-time highs. A discount of another few dollars, however, could present a good opportunity.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/812deb6e899ba4de74500de50331c9a9\" tg-width=\"699\" tg-height=\"433\" referrerpolicy=\"no-referrer\"/><span>Figure 3: Average one-year return on AAPL, by strategy.</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: What To Do Ahead Of The iPhone 14 Launch</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: What To Do Ahead Of The iPhone 14 Launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-05 07:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/iphone/apple-stock-what-to-do-ahead-of-the-iphone-14-launch><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It is time for Apple to unveil yet another version of its flagship tech device. The iPhone 14 will see the light of day on September 7, during the company’s product launch event that starts at 10 a.m....</p>\n\n<a href=\"https://www.thestreet.com/apple/iphone/apple-stock-what-to-do-ahead-of-the-iphone-14-launch\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/iphone/apple-stock-what-to-do-ahead-of-the-iphone-14-launch","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191279483","content_text":"It is time for Apple to unveil yet another version of its flagship tech device. The iPhone 14 will see the light of day on September 7, during the company’s product launch event that starts at 10 a.m. Cupertino time.Should investors take advantage and buy Apple stock ahead of this important date? We discuss below the risks and opportunities.Figure 1: Apple Stock: What To Do Ahead Of The iPhone 14 LaunchiPhone 14: another success story?It is undeniable that Apple’s smartphone has been a success story, even 15 years after the late Steve Jobs introduced the original model. While the Cupertino company joined the 5G party at least one or two years late, with the launch of the iPhone 12 in 2020, Apple has certainly caught up with the competition as sales and market share gains have impressed in the past 24 months.At least one analyst believes that the iPhone 14 will maintain the status quo — in the best way possible. Wedbush’s Dan Ives, who recently bumped his price target on AAPL to $220 for about 38% upside opportunity, sees demand staying near a peak.The analyst has recently stated that, per his channel checks, iPhone 14 initial orders should remain at about 90 million units, in line with last year’s iPhone 13. If true, this will be impressive, in my view, considering the many headwinds: fears over lower consumer spending, global economic growth deceleration, and lingering supply chain constraints.Even some of the bears seem to believe that the iPhone 14 will lend further momentum to Apple’s 5G cycle. ItauBBA’s Thiago Kapulskis is perhaps the only sell-side analyst to have an underperform rating on Apple shares. He fears that the new Pro and Pro Max models will see an inflation-driven $100 bump in price that may not even hurt demand for the portable device. In fact, the expert sees the iPhone 14 as a key risk for his bearish thesis on the stock.But what about Apple stock?One thing is the debate over how well the iPhone 14 will perform in the holiday season and into next year. A very different topic of conversation is whether strong financial results, if they come to fruition, will help to push Apple stock higher from the current levels of about $159 apiece.When it comes to share price movement, iPhone launches have historically triggered more bearishness. The chart below shows that AAPL tends to outperform during the spring and early summer months. But once the new iPhone is announced, investors seem to “sell the news” and cause Apple stock to underperform into the end of the year, all the way through January.Figure 2: AAPL average monthly returns since iPhone launch.I believe that the prospects for Apple investors look even worse in the short term if one considers the current mood of the markets. The S&P 500 rallied during parts of July and August, only to set up yet another pullback later August. The story is all too familiar to equity investors: record-high inflation continues to pressure the central banks to keep raising interest rates, which is bad news for most risk assets.For these reasons, I think that the iPhone 14 event is most likely to coincide with share price weakness. However, I would encourage long-term investors to think past the short-term challenges — and maybe even consider buying AAPL on weakness, should the stock price dip in the next few weeks.Keep in mind that, historically, buying AAPL on dips has consistently produced better 12-month returns (see chart below). At this moment, shares are only about 13% below all-time highs. A discount of another few dollars, however, could present a good opportunity.Figure 3: Average one-year return on AAPL, by strategy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":26,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9904462566,"gmtCreate":1660090179358,"gmtModify":1703477715922,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9904462566","repostId":"2258237892","repostType":2,"repost":{"id":"2258237892","pubTimestamp":1660086967,"share":"https://www.laohu8.com/m/news/2258237892?lang=&edition=full","pubTime":"2022-08-10 07:16","market":"us","language":"en","title":"Unity Loses Less Than Feared, Trims Outlook As Applovin Makes $20 Billion Bid for Software Company","url":"https://stock-news.laohu8.com/highlight/detail?id=2258237892","media":"MarketWatch","summary":"‘This one is behind us,’ head of ad-targeting says of glitch revealed last quarterUnity Software Inc","content":"<html><head></head><body><p>‘This one is behind us,’ head of ad-targeting says of glitch revealed last quarter</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0c1dcac34c0beaf5e4b4ef9af27d00e5\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"/><span>Unity Software Inc. went public in 2020. NYSE</span></p><p>On the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and shares slipped in the extended session.</p><p>Unity which produces videogame-engine software that competes with Epic Games Inc.’s Unreal Engine and helps developers monetize their games, reported a second-quarter loss of $205.8 million, or 69 cents a share, compared with $148.3 million, or 53 cents a share, in the year-ago period. The adjusted loss, which excludes stock-based compensation expenses and other items, was 18 cents a share, compared with a loss of a penny a share in the year-ago period.</p><p>Revenue rose to $297 million from $273.6 million in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast a loss of 21 cents a share on revenue of $299.7 million, based on Unity’s forecast of $290 million to $295 million in revenue.</p><p>That comes following an offer from app monetization company Applovin Inc. to buy Unity for $20 billion in cash and stock.Shares of Applovin finished the day down 10.3% at $36.01, leaving it a $13.6 billion cap company, according to FactSet.</p><p>At the top of the conference call with analysts, Unity Chief Executive John Riccitiello acknowledged that the company had received an offer and that it would make no further comment.</p><p>That offer comes following flak that Unity recently caught about its own M&amp;A plans, with the most recent being Unity’s $4.4 billion offer to buy IronSource. Unity shares recently rose on reports that it was looking to spin off its business in China. Shares declined more than 2% after hours Tuesday, following a 1.2% rise in the regular session to close at $50.35, giving the company a market cap of about $15 billion, according to FactSet data.</p><p><img src=\"https://static.tigerbbs.com/18b7c528701c386659d4390300acc661\" tg-width=\"831\" tg-height=\"621\" width=\"100%\" height=\"auto\"/></p><p>Riccitiello also said he was “encouraged by the progress we are making” to get its ad-targeting software “back on stable footing.” The CEO was referencing Unity’s previous earnings report, which was marred by a disclosure that its ad-targeting tools contained a flaw, the same tools that had been credited with finding a workaround to Apple Inc.’s opt-out of using Identifier for Advertisers, or IDFA.</p><p>“This one is behind us,” said Ingrid Lestiyo, the head of Operate Solutions, on the call.</p><p>“We’ve also put in place monitoring mechanisms that allow us to more closely track our performance so that we can react faster when something goes wrong,” Riccitiello told analysts. “And as a result of our work, we are seeing leading indicators such as audience pinpoint or consistency and accuracy improve, showing that our interventions are effective, and we continue to innovate.”</p><p>Unity forecast third-quarter revenue of $315 million to $335 million, and full-year revenue between $1.3 billion and $1.35 billion for the year, compared with its previous forecast of $1.35 billion to $1.43 billion.</p><p>“The full year guidance reduction is driven by recent negative macroeconomic factors and the complexity of accurately forecasting the timing of the changes in trajectory of the monetization business,” said Luis Visoso, Unity’s chief financial officer, on the call.</p><p>Analysts estimate a loss of 7 cents a share on revenue of $343.7 million for the third quarter, and a loss of 37 cents a share on revenue of $1.36 billion for the year.</p></body></html>","source":"lsy1603348471595","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>Unity Loses Less Than Feared, Trims Outlook As Applovin Makes $20 Billion Bid for Software Company</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\">\nUnity Loses Less Than Feared, Trims Outlook As Applovin Makes $20 Billion Bid for Software Company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-10 07:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/unity-losses-less-than-feared-outlook-trimmed-as-applovin-makes-20-billion-bid-for-company-11660077317?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘This one is behind us,’ head of ad-targeting says of glitch revealed last quarterUnity Software Inc. went public in 2020. NYSEOn the same day it received an offer to acquire the company for roughly $...</p>\n\n<a href=\"https://www.marketwatch.com/story/unity-losses-less-than-feared-outlook-trimmed-as-applovin-makes-20-billion-bid-for-company-11660077317?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"U":"Unity Software Inc."},"source_url":"https://www.marketwatch.com/story/unity-losses-less-than-feared-outlook-trimmed-as-applovin-makes-20-billion-bid-for-company-11660077317?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2258237892","content_text":"‘This one is behind us,’ head of ad-targeting says of glitch revealed last quarterUnity Software Inc. went public in 2020. NYSEOn the same day it received an offer to acquire the company for roughly $20 billion, Unity Software Inc. reported a loss that was less than feared and pulled back on its guidance for the year, and shares slipped in the extended session.Unity which produces videogame-engine software that competes with Epic Games Inc.’s Unreal Engine and helps developers monetize their games, reported a second-quarter loss of $205.8 million, or 69 cents a share, compared with $148.3 million, or 53 cents a share, in the year-ago period. The adjusted loss, which excludes stock-based compensation expenses and other items, was 18 cents a share, compared with a loss of a penny a share in the year-ago period.Revenue rose to $297 million from $273.6 million in the year-ago quarter.Analysts surveyed by FactSet had forecast a loss of 21 cents a share on revenue of $299.7 million, based on Unity’s forecast of $290 million to $295 million in revenue.That comes following an offer from app monetization company Applovin Inc. to buy Unity for $20 billion in cash and stock.Shares of Applovin finished the day down 10.3% at $36.01, leaving it a $13.6 billion cap company, according to FactSet.At the top of the conference call with analysts, Unity Chief Executive John Riccitiello acknowledged that the company had received an offer and that it would make no further comment.That offer comes following flak that Unity recently caught about its own M&A plans, with the most recent being Unity’s $4.4 billion offer to buy IronSource. Unity shares recently rose on reports that it was looking to spin off its business in China. Shares declined more than 2% after hours Tuesday, following a 1.2% rise in the regular session to close at $50.35, giving the company a market cap of about $15 billion, according to FactSet data.Riccitiello also said he was “encouraged by the progress we are making” to get its ad-targeting software “back on stable footing.” The CEO was referencing Unity’s previous earnings report, which was marred by a disclosure that its ad-targeting tools contained a flaw, the same tools that had been credited with finding a workaround to Apple Inc.’s opt-out of using Identifier for Advertisers, or IDFA.“This one is behind us,” said Ingrid Lestiyo, the head of Operate Solutions, on the call.“We’ve also put in place monitoring mechanisms that allow us to more closely track our performance so that we can react faster when something goes wrong,” Riccitiello told analysts. “And as a result of our work, we are seeing leading indicators such as audience pinpoint or consistency and accuracy improve, showing that our interventions are effective, and we continue to innovate.”Unity forecast third-quarter revenue of $315 million to $335 million, and full-year revenue between $1.3 billion and $1.35 billion for the year, compared with its previous forecast of $1.35 billion to $1.43 billion.“The full year guidance reduction is driven by recent negative macroeconomic factors and the complexity of accurately forecasting the timing of the changes in trajectory of the monetization business,” said Luis Visoso, Unity’s chief financial officer, on the call.Analysts estimate a loss of 7 cents a share on revenue of $343.7 million for the third quarter, and a loss of 37 cents a share on revenue of $1.36 billion for the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075242312,"gmtCreate":1658212330136,"gmtModify":1676536123175,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sharing","listText":"Sharing","text":"Sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075242312","repostId":"1160761963","repostType":2,"repost":{"id":"1160761963","pubTimestamp":1658209371,"share":"https://www.laohu8.com/m/news/1160761963?lang=&edition=full","pubTime":"2022-07-19 13:42","market":"us","language":"en","title":"Option Volatility And Earnings Report For July 19 – 22","url":"https://stock-news.laohu8.com/highlight/detail?id=1160761963","media":"Barchart","summary":"Earnings season is here and we have some big names reporting this week, including Johnson & Johnson ","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/e23a71ee909b1218671e637f6f71eb75\" tg-width=\"800\" tg-height=\"446\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Earnings season is here and we have some big names reporting this week, including Johnson &amp; Johnson (JNJ), Haliburton (HAL), Ally (ALLY), Netflix (NFLX), Abbott Laboratories (ABT), Tesla (TSLA), United Airlines (UAL), American Airlines (AAL), Blackstone (BX), Intuitive Surgical (ISRG), Nucor (NUE), Dow Holdings (DOW), American Express (AXP), Verizon (VZ), Schlumberger (SLB) and Twitter (TWTR).</p><p>Before a company reports earnings, implied volatility is usually high because the market is unsure about the outcome of the report. Speculators and hedgers create huge demand for the company’s options which increases the implied volatility, and therefore, the price of options.</p><p>After the earnings announcement, implied volatility usually drops back down to normal levels.</p><p>Let’s take a look at the expected range for these stocks. To calculate the expected range, look up the option chain and add together the price of the at-the-money put option and the at-the-money call option. Use the first expiry date <b>after</b> the earnings date. While this approach is not as accurate as a detailed calculation, it does serve as a reasonably accurate estimate.<img src=\"https://static.tigerbbs.com/bce3c220641c4ffc5aa8bdd4ed6da825\" tg-width=\"2044\" tg-height=\"1448\" width=\"100%\" height=\"auto\"/>Option traders can use these expected moves to structure trades. Bearish traders can look at selling bear call spreads outside the expected range.</p><p>Bullish traders can sell bull put spreadsoutside the expected range, or look at naked putsfor those with a higher risk tolerance.</p><p>Neutral traders can look at iron condors. When trading iron condors over earnings, it is best to keep the short strikes outside the expected range.</p><p>When trading options over earnings, it is best to stick to risk defined strategies and keep position size small. If the stock makes a larger than expected move and the trade suffers a full loss, it should not have more than a 1-3% effect on your portfolio.</p><h2><b>Stocks With High Implied Volatility</b></h2><p>Let’s run the stock screener with the following filters:</p><ul><li>Total options volume: Greater than 20,000</li><li>Market Cap: Greater than 40 billion</li><li>IV Percentile: Greater than 70%</li></ul><p>This screener produces the following results, ranked by implied volatility percentile:<img src=\"https://static.tigerbbs.com/ebf48d49534ecd05eccc7a55a2798fb7\" tg-width=\"940\" tg-height=\"615\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><h2><b>Changes In Open Interest</b></h2><p>Ford (F), Amazon (AMZN), Twitter (TWTR), Intel (INTC), Cisco (CSCO), Apple (AAPL), and Citigroup (C) saw some of the largest changes in open interest last week.</p><p>Other stocks with large changes in open interest are shown below:<img src=\"https://static.tigerbbs.com/f7943dd0d016e62c4c53fa5ce4b86bbf\" tg-width=\"940\" tg-height=\"595\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Option Volatility And Earnings Report For July 19 – 22</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOption Volatility And Earnings Report For July 19 – 22\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 13:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barchart.com/story/news/9205029/option-volatility-and-earnings-report-for-july-19-22><strong>Barchart</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Earnings season is here and we have some big names reporting this week, including Johnson & Johnson (JNJ), Haliburton (HAL), Ally (ALLY), Netflix (NFLX), Abbott Laboratories (ABT), Tesla (TSLA), ...</p>\n\n<a href=\"https://www.barchart.com/story/news/9205029/option-volatility-and-earnings-report-for-july-19-22\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter","NFLX":"奈飞"},"source_url":"https://www.barchart.com/story/news/9205029/option-volatility-and-earnings-report-for-july-19-22","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160761963","content_text":"Earnings season is here and we have some big names reporting this week, including Johnson & Johnson (JNJ), Haliburton (HAL), Ally (ALLY), Netflix (NFLX), Abbott Laboratories (ABT), Tesla (TSLA), United Airlines (UAL), American Airlines (AAL), Blackstone (BX), Intuitive Surgical (ISRG), Nucor (NUE), Dow Holdings (DOW), American Express (AXP), Verizon (VZ), Schlumberger (SLB) and Twitter (TWTR).Before a company reports earnings, implied volatility is usually high because the market is unsure about the outcome of the report. Speculators and hedgers create huge demand for the company’s options which increases the implied volatility, and therefore, the price of options.After the earnings announcement, implied volatility usually drops back down to normal levels.Let’s take a look at the expected range for these stocks. To calculate the expected range, look up the option chain and add together the price of the at-the-money put option and the at-the-money call option. Use the first expiry date after the earnings date. While this approach is not as accurate as a detailed calculation, it does serve as a reasonably accurate estimate.Option traders can use these expected moves to structure trades. Bearish traders can look at selling bear call spreads outside the expected range.Bullish traders can sell bull put spreadsoutside the expected range, or look at naked putsfor those with a higher risk tolerance.Neutral traders can look at iron condors. When trading iron condors over earnings, it is best to keep the short strikes outside the expected range.When trading options over earnings, it is best to stick to risk defined strategies and keep position size small. If the stock makes a larger than expected move and the trade suffers a full loss, it should not have more than a 1-3% effect on your portfolio.Stocks With High Implied VolatilityLet’s run the stock screener with the following filters:Total options volume: Greater than 20,000Market Cap: Greater than 40 billionIV Percentile: Greater than 70%This screener produces the following results, ranked by implied volatility percentile:Changes In Open InterestFord (F), Amazon (AMZN), Twitter (TWTR), Intel (INTC), Cisco (CSCO), Apple (AAPL), and Citigroup (C) saw some of the largest changes in open interest last week.Other stocks with large changes in open interest are shown below:","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9918484952,"gmtCreate":1664432367076,"gmtModify":1676537454384,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Thx for sharing&nbsp;","listText":"Thx for sharing&nbsp;","text":"Thx for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9918484952","repostId":"1135976194","repostType":2,"isVote":1,"tweetType":1,"viewCount":293,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935440220,"gmtCreate":1663126689661,"gmtModify":1676537209986,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935440220","repostId":"2267503275","repostType":4,"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9935162467,"gmtCreate":1663048212059,"gmtModify":1676537191405,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok&nbsp;","listText":"Ok&nbsp;","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9935162467","repostId":"2267773293","repostType":2,"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074109449,"gmtCreate":1658307234681,"gmtModify":1676536138512,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Up&nbsp;","listText":"Up&nbsp;","text":"Up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074109449","repostId":"1111015087","repostType":2,"repost":{"id":"1111015087","pubTimestamp":1658301787,"share":"https://www.laohu8.com/m/news/1111015087?lang=&edition=full","pubTime":"2022-07-20 15:23","market":"us","language":"en","title":"Coca-Cola Vs. PepsiCo: Which Is Currently The More Attractive Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=1111015087","media":"seekingalpha","summary":"SummaryIn these times of high inflation, companies with strong brand values, such as Coca-Cola and P","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>In these times of high inflation, companies with strong brand values, such as Coca-Cola and PepsiCo, benefit from having strong pricing power.</li><li>In this analysis, I will show you which of the two companies is currently more attractive in terms of risk and reward.</li><li>Coca-Cola’s P/E (FWD) Ratio is currently 25.35, while PepsiCo’s P/E Ratio is 20.3.</li><li>Coca-Cola&#39;s dividend growth rate has been 3.62% on average over the last five years; PepsiCo has an average 5-year dividend growth rate of 7.39%.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e35173ace8a0433118fa4ebd1acc0c4a\" tg-width=\"1080\" tg-height=\"752\" width=\"100%\" height=\"auto\"/><span>igoriss/iStock via Getty Images</span></p><p><b>Investment Thesis</b></p><ul><li>According to the HQC Scorecard, Coca-Cola (NYSE:KO) scores 58 out of 100 points, which is a moderately attractive overall rating in terms of risk and reward. The company shows very strong results in theEconomic Moat (80 out of 100 points) and Profitability (100 out of 100 points) categories but very low results in the Valuation (12 out of 100 points) and Expected Return (20 out of 100 points) categories.</li><li>PepsiCo (NASDAQ:PEP) scores 69 out of 100 points according to the same Scorecard. This is an attractive scoring in terms of risk and reward. PepsiCo achieves very attractive ratings in the categories of Economic Moat (81 out of 100 points), Profitability (80 out of 100 points), Valuation (84 out of 100 points), and Expected Return (80 out of 100 points).</li><li>I rate Coca-Cola as a hold. Despite the company’s strong brand image, economic moat, financial strength, and high profitability, the company’s current valuation and growth perspectives are not attractive enough for a buy rating.</li><li>I rate PepsiCo as a buy. PepsiCo’s strong brand image, in combination with its broad product portfolio (which includes 23 brands generating more than $1 billion in revenue each), high profitability, and growth prospects, make the company an attractive investment in terms of risk and reward.</li></ul><p><b>Coca-Cola and PepsiCo’s Competitive Positions</b></p><p>In a previous analysis for Seeking Alpha, which I wrote about PepsiCo, I already described the company&#39;s competitive advantages in more detail.</p><p>Coca-Cola and PepsiCo are among the most valuable brands in the world. Proof of this is the Forbes ranking of the world’s most valuable brands, in which Coca-Cola is ranked 6th, and PepsiCo is ranked 36th.</p><p>Both companies have a broad and worldwide distribution network. The company’s distribution network, in combination with its strong brand image, makes it difficult for competitors to enter their business segments. Additionally, the strong brand images of Coca-Cola and PepsiCo give the companies pricing power to be able to raise their prices as a result of higher costs. This is another strong competitive advantage both companies have in these times of high inflation when compared to competitors with lower strength in terms of brand value.</p><p>The fact that both companies have a large number of important brands in their product portfolio underlines the competitive advantages both companies have. PepsiCo, for example, has 23 brands in its product portfolio, each generating more than $1 billion in revenue. Coca-Cola’s product portfolio includes more than 200 brands (sodas, waters, coffees, teas, and juices, among others).</p><p>One important characteristic that distinguishes both companies is the fact that PepsiCo, in contrast to Coca-Cola, does not only operate in the beverage industry but also in the snack and food businesses industry, which gives the company more flexibility in the development of new products and the acquisition of new brands as well as higher opportunities for future growth.</p><p><b>The Valuation of Coca-Cola and PepsiCoDiscounted Cash Flow (DCF)-Model</b></p><p>In terms of valuation, I have used the DCF Model to determine the intrinsic value of Coca-Cola and PepsiCo. The method calculates a fair value of $47.91 for Coca-Cola and a fair value of $222.67 for PepsiCo. At the current stock price, this results in a downside of 23% for Coca-Cola and an upside of 29.6% for PepsiCo.</p><p>I assume a Revenue Growth Rate and EBIT Growth Rate of 3% for Coca-Cola over the next 5 years and a Revenue Growth Rate and EBIT Growth Rate of 5% for PepsiCo over the same period. Due to PepsiCo’s more diversified product portfolio (through operating not only in the beverage but also in the snack and food businesses), I expect PepsiCo to grow with slightly higher growth rates than Coca-Cola in the years to come. The GDP Growth Rate of the United States is about 3% per year on average. Therefore, I assume a Perpetual Growth Rate of 3% for Coca-Cola. Due to PepsiCo’s broad and diversified product portfolio in combination with its strong brand image, I expect PepsiCo to be able to grow slightly above the GDP Growth Rate in the future. Therefore, I assume a Perpetual Growth Rate of 4% for PepsiCo.</p><p>I have used Coca-Cola’s current discount rate (WACC) of 7.5% and PepsiCo’s current discount rate (WACC) of 6.5%. Furthermore, I calculate with an EV/EBITDA Multiple of 21.5x for Coca-Cola and an EV/EBITDA Multiple of 17.9x for PepsiCo. Both are the companies’ latest twelve months EV/EBITDA.</p><p>My calculations are based on the following assumptions as presented below (in $ millions except per share items):</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30751e541147bab2fff88793e7428466\" tg-width=\"759\" tg-height=\"681\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p>Based on the above assumptions, I calculated the following results (in $ millions except per share items):</p><p><b>Market Value vs. Intrinsic Value</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f6e8f3b3d48fd1c89a90743b4b353c3\" tg-width=\"917\" tg-height=\"271\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p><b>Relative Valuation ModelsCoca-Cola’s and PepsiCo’s P/E (FWD)Ratio</b></p><p>Coca-Cola’s P/E Ratio is currently 25.35, which is 29.13% above the sector median (19.63). This provides us with an indicator that the company is currently overvalued.</p><p>PepsiCo’s P/E Ratio is currently 20.3, being 3.4% above the sector median (19.63). At the same time, PepsiCo’s current P/E Ratio is 13.67% below the company’s average P/E Ratio of the last 5 years (23.51), which is an indicator that PepsiCo is currently undervalued.</p><p><b>Dividend Projections for Coca-Cola</b></p><p>Coca-Cola has been able to raise its dividend by 3.62% per year on average in the past five years. The company’s payout ratio is currently 70.25%, demonstrating the potential for future dividend enhancements. I expect the company to raise its dividend by about 3% per year on average in the years to come. Assuming that the company would continue to raise its dividend by about 3% per year in the next 30 years, we would see the following results for Coca-Cola’s dividend and dividend yield shown in the graphic below.</p><p><b>Projection of Coca-Cola’s Dividend and Dividend Yield Assuming a Dividend Growth Rate of 3% per Year on Average</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed66d66d85781e7a3d9cacdc9d56838c\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p>In the table below, you can find Coca-Cola’s accumulated dividend assuming a dividend growth rate of 3% per year in the next 30 years. Here you can see that after 20 years, you would have received 77.34% of your initial investment in the form of dividends (for simplification, no withholding tax has been taken into account).</p><p><b>Projection of Coca-Cola’s Accumulated Dividend Assuming a Dividend Growth Rate of 3% per Year on Average</b></p><p><img src=\"https://static.tigerbbs.com/0e64fd137181089e295d562c3015b4b7\" tg-width=\"914\" tg-height=\"317\" width=\"100%\" height=\"auto\"/></p><p><b>Dividend Projections for PepsiCo</b></p><p>PepsiCo’s dividend growth rate in the last 5 years has been 7.39% on average. In the following, I will make more conservative assumptions assuming that PepsiCo will be able to hike its dividend by about 4% per year on average in the next 30 years. Below you can find the results of PepsiCo’s dividend if you were to invest in PepsiCo at the company’s current stock price.</p><p><b>Projection of PepsiCo’s Dividend and Dividend Yield Assuming a Dividend Growth Rate of 4% per Year on Average</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0728004ca2fe0d95939ffe9d2068536f\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p>Below you can find the results of PepsiCo’s accumulated dividend when assuming a dividend growth rate of 4% per year on average. In 2042, you would have received 85.56% of your initial investment in the form of dividends (for simplification, again, no withholding tax has been included in the calculation).</p><p>In 30 years, your dividend yield for PepsiCo would be 8.68% (assuming a dividend growth rate of 4% for PepsiCo), and the accumulated dividend would be 158.78%. In comparison to PepsiCo, the dividend yield for Coca-Cola would only be 6.55% (assuming a dividend growth rate of 3% for Coca-Cola), and the accumulated dividend would be 134.85% (as shown in the previous section) after 30 years.</p><p><b>Projection of PepsiCo’s Accumulated Dividend Assuming a Dividend Growth Rate of 4% per Year on Average</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67401d3a45a978019347f45bfab05200\" tg-width=\"916\" tg-height=\"319\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p>The results of the dividend projections for Coca-Cola and PepsiCo confirm that it is currently slightly more attractive to invest in PepsiCo than in Coca-Cola. Below you can find a financial overview of Coca-Cola and PepsiCo.</p><p><b>Financial Overview: Coca-Cola vs. PepsiCo</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df1e055db3ba69a02219f72584b7b072\" tg-width=\"707\" tg-height=\"774\" width=\"100%\" height=\"auto\"/><span>Source: Seeking Alpha</span></p><p><b>The High-Quality Company (HQC) Scorecard</b></p><p>“The aim of the HQC Scorecard that I have developed is to help investors identify companies which are attractive long-term investments in terms of risk and reward.” Here you can find a detailed description of how the HQC Scorecard works.</p><p><b>Overview of the Items on the HQC Scorecard</b></p><blockquote>In the graphic below, you can find the individual items and weighting for each category of the HQC Scorecard. A score between 0 and 5 is given (with 0 being the lowest rating and 5 the highest) for each item on the Scorecard. Furthermore, you can see the conditions that must be met for each point of every rated item.</blockquote><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/89befec7e74540ce095a2a72b88aae55\" tg-width=\"640\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p><b>Coca-Cola and PepsiCo According to the HQC Scorecard</b></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2c0dfda27385c27304f9063ed7672cd1\" tg-width=\"640\" tg-height=\"381\" width=\"100%\" height=\"auto\"/><span>Source: The Author</span></p><p>According to the HQC Scorecard, the overall score of Coca-Cola is 58 out of 100 points. This means that Coca-Cola can currently be classified as a moderately attractive investment in terms of risk and reward.</p><p>PepsiCo’s overall score is 69 out of 100 points. This scoring indicates an attractive rating for PepsiCo in terms of risk and reward.</p><p>Both companies are rated as very attractive in the categories of Economic Moat and Profitability. PepsiCo’s rating in comparison to Coca-Cola is significantly higher in the Valuation, Growth, and Expected Return categories.</p><p>Coca-Cola’s moderately attractive rating in terms of risk and reward according to the HQC Scorecard reinforces my belief that the company is currently a hold. The company shows very low scorings in terms of Valuation and Expected Rate of Return.</p><p>PepsiCo’s attractive scoring in terms of risk and reward according to the HQC Scorecard strengthens my belief that the company can currently be considered a buy, particularly because of its very attractive rating in the Economic Moat, Profitability, Valuation, and Expected Return categories.</p><p>The higher scoring of PepsiCo in comparison to Coca-Cola according to the HQC Scorecard strengthens my belief that PepsiCo is currently the more attractive investment choice when comparing both companies.</p><p><b>Coca-Cola and PepsiCo According to Seeking Alpha’s Factor Grades</b></p><p>According to Seeking Alpha&#39;s Factor Grades, both Coca-Cola and PepsiCo get a D rating in terms of Valuation and an A+ rating in terms of Profitability. In terms of Growth, PepsiCo gets a D+ while Coca-Cola gets a D-. This strengthens my belief that PepsiCo is currently slightly more attractive than Coca-Cola in terms of Growth. Below you can find the comparison between Coca-Cola and PepsiCo according to the Seeking Alpha Factor Grades:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d3c67ae2b456fdaa201f12b037361d0\" tg-width=\"640\" tg-height=\"278\" width=\"100%\" height=\"auto\"/><span>Source: Seeking Alpha</span></p><p><b>Coca-Cola and PepsiCo According to Seeking Alpha’s Quant Ranking</b></p><p>According to the Seeking Alpha Quant Ranking, Coca-Cola is slightly better positioned compared to its competitor PepsiCo. Within the sector, Coca-Cola is ranked 41st (while PepsiCo is ranked 53rd), and within the industry, Coca-Cola is ranked 5th while PepsiCo is 6th. Below you can find the results of the Seeking Alpha Quant Ranking:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1861a8ca8d86d0673076acc9dfc8c165\" tg-width=\"640\" tg-height=\"278\" width=\"100%\" height=\"auto\"/><span>Source: Seeking Alpha</span></p><p><b>Coca-Cola and PepsiCo According to Seeking Alpha’s Dividend Grades</b></p><p>In terms of Dividend Consistency, both Coca-Cola and PepsiCo are rated A+ according to the Seeking Alpha Dividend Grades. In terms of Dividend Growth, both are rated A, and in terms of Dividend Yield, both get a C+. The difference between both companies exists only in the Dividend Safety category. Coca-Cola gets a B- while PepsiCo gets an A-. Below you can find the Seeking Alpha Dividend Grades for Coca-Cola and PepsiCo:</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a222587cb5e18dac726a75dc6c70f20\" tg-width=\"640\" tg-height=\"278\" width=\"100%\" height=\"auto\"/><span>Source: Seeking Alpha</span></p><p>The Seeking Alpha Dividend Grades are a further indicator that an investment in PepsiCo is currently slightly more attractive than an investment in Coca-Cola.</p><p><b>Risks</b></p><p>From my point of view, one of the main risk factors for both Coca-Cola and PepsiCo would be their damaged brand image. In this case, their businesses and financial results could be affected significantly.</p><p>Among the companies’ competitors are Monster (NASDAQ:MNST), Red Bull, and Nestlé (OTCPK:NSRGY) (OTCPK:NSRGF), for example. All of them have also been able to establish relatively strong brand images over time. The competition could result in declining profit margins for Coca-Cola and PepsiCo.</p><p>Another risk factor I see for Coca-Cola and PepsiCo could be that the dividend could be cut in the future (for example, as a result of stagnant growth). However, since Coca-Cola currently has a payout ratio of 70.25% and PepsiCo has a payout ratio of 67.62%, I do not see this as a threat in the near future since there is still scope for future dividend enhancements for both companies.</p><p>In my view, there is not particularly much higher risk in investing in one company compared to the other. Nevertheless, when evaluating the risk, I would tend towards investing in PepsiCo rather than Coca-Cola since PepsiCo has a broader product portfolio (operating not only in the beverages sector like Coca-Cola).</p><p>Considering all these risk factors strengthens my opinion that I would currently invest in PepsiCo rather than Coca-Cola.</p><p><b>The Bottom Line</b></p><p>Different valuation methods underline that PepsiCo is currently more attractive than Coca-Cola: my DCF Models show that PepsiCo is currently undervalued with an upside of 29.6%, while Coca-Cola is currently overvalued with a downside of 23%.</p><p>Taking Relative Valuation Models such as the P/E Ratio into account, we get another indicator showing that Coca-Cola is currently overvalued while verifying that PepsiCo is more attractive at this moment in time.</p><p>I come to the same conclusion when taking into account the Seeking Alpha Dividend Grades. When considering the Seeking Alpha Dividend Grades to compare both companies, we can see that PepsiCo is slightly higher rated than Coca-Cola in terms of Dividend Safety. PepsiCo’s broader and more diversified product portfolio reinforces my belief that I would choose PepsiCo over Coca-Cola.</p><p>The HQC Scorecard also shows that PepsiCo is currently higher rated than Coca-Cola. While PepsiCo is rated as attractive in terms of risk and reward, Coca-Cola only reaches a moderately attractive score according to the Scorecard. The overall scoring of the HQC Scorecard is yet an additional indicator that strengthens my belief that PepsiCo is currently a buy while I rate Coca-Cola a hold.</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>Coca-Cola Vs. PepsiCo: Which Is Currently The More Attractive Stock?</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\">\nCoca-Cola Vs. PepsiCo: Which Is Currently The More Attractive Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-20 15:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4524352-coca-cola-vs-pepsico-which-is-currently-the-more-attractive-stock><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIn these times of high inflation, companies with strong brand values, such as Coca-Cola and PepsiCo, benefit from having strong pricing power.In this analysis, I will show you which of the two ...</p>\n\n<a href=\"https://seekingalpha.com/article/4524352-coca-cola-vs-pepsico-which-is-currently-the-more-attractive-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KO":"可口可乐","PEP":"百事可乐"},"source_url":"https://seekingalpha.com/article/4524352-coca-cola-vs-pepsico-which-is-currently-the-more-attractive-stock","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1111015087","content_text":"SummaryIn these times of high inflation, companies with strong brand values, such as Coca-Cola and PepsiCo, benefit from having strong pricing power.In this analysis, I will show you which of the two companies is currently more attractive in terms of risk and reward.Coca-Cola’s P/E (FWD) Ratio is currently 25.35, while PepsiCo’s P/E Ratio is 20.3.Coca-Cola's dividend growth rate has been 3.62% on average over the last five years; PepsiCo has an average 5-year dividend growth rate of 7.39%.igoriss/iStock via Getty ImagesInvestment ThesisAccording to the HQC Scorecard, Coca-Cola (NYSE:KO) scores 58 out of 100 points, which is a moderately attractive overall rating in terms of risk and reward. The company shows very strong results in theEconomic Moat (80 out of 100 points) and Profitability (100 out of 100 points) categories but very low results in the Valuation (12 out of 100 points) and Expected Return (20 out of 100 points) categories.PepsiCo (NASDAQ:PEP) scores 69 out of 100 points according to the same Scorecard. This is an attractive scoring in terms of risk and reward. PepsiCo achieves very attractive ratings in the categories of Economic Moat (81 out of 100 points), Profitability (80 out of 100 points), Valuation (84 out of 100 points), and Expected Return (80 out of 100 points).I rate Coca-Cola as a hold. Despite the company’s strong brand image, economic moat, financial strength, and high profitability, the company’s current valuation and growth perspectives are not attractive enough for a buy rating.I rate PepsiCo as a buy. PepsiCo’s strong brand image, in combination with its broad product portfolio (which includes 23 brands generating more than $1 billion in revenue each), high profitability, and growth prospects, make the company an attractive investment in terms of risk and reward.Coca-Cola and PepsiCo’s Competitive PositionsIn a previous analysis for Seeking Alpha, which I wrote about PepsiCo, I already described the company's competitive advantages in more detail.Coca-Cola and PepsiCo are among the most valuable brands in the world. Proof of this is the Forbes ranking of the world’s most valuable brands, in which Coca-Cola is ranked 6th, and PepsiCo is ranked 36th.Both companies have a broad and worldwide distribution network. The company’s distribution network, in combination with its strong brand image, makes it difficult for competitors to enter their business segments. Additionally, the strong brand images of Coca-Cola and PepsiCo give the companies pricing power to be able to raise their prices as a result of higher costs. This is another strong competitive advantage both companies have in these times of high inflation when compared to competitors with lower strength in terms of brand value.The fact that both companies have a large number of important brands in their product portfolio underlines the competitive advantages both companies have. PepsiCo, for example, has 23 brands in its product portfolio, each generating more than $1 billion in revenue. Coca-Cola’s product portfolio includes more than 200 brands (sodas, waters, coffees, teas, and juices, among others).One important characteristic that distinguishes both companies is the fact that PepsiCo, in contrast to Coca-Cola, does not only operate in the beverage industry but also in the snack and food businesses industry, which gives the company more flexibility in the development of new products and the acquisition of new brands as well as higher opportunities for future growth.The Valuation of Coca-Cola and PepsiCoDiscounted Cash Flow (DCF)-ModelIn terms of valuation, I have used the DCF Model to determine the intrinsic value of Coca-Cola and PepsiCo. The method calculates a fair value of $47.91 for Coca-Cola and a fair value of $222.67 for PepsiCo. At the current stock price, this results in a downside of 23% for Coca-Cola and an upside of 29.6% for PepsiCo.I assume a Revenue Growth Rate and EBIT Growth Rate of 3% for Coca-Cola over the next 5 years and a Revenue Growth Rate and EBIT Growth Rate of 5% for PepsiCo over the same period. Due to PepsiCo’s more diversified product portfolio (through operating not only in the beverage but also in the snack and food businesses), I expect PepsiCo to grow with slightly higher growth rates than Coca-Cola in the years to come. The GDP Growth Rate of the United States is about 3% per year on average. Therefore, I assume a Perpetual Growth Rate of 3% for Coca-Cola. Due to PepsiCo’s broad and diversified product portfolio in combination with its strong brand image, I expect PepsiCo to be able to grow slightly above the GDP Growth Rate in the future. Therefore, I assume a Perpetual Growth Rate of 4% for PepsiCo.I have used Coca-Cola’s current discount rate (WACC) of 7.5% and PepsiCo’s current discount rate (WACC) of 6.5%. Furthermore, I calculate with an EV/EBITDA Multiple of 21.5x for Coca-Cola and an EV/EBITDA Multiple of 17.9x for PepsiCo. Both are the companies’ latest twelve months EV/EBITDA.My calculations are based on the following assumptions as presented below (in $ millions except per share items):Source: The AuthorBased on the above assumptions, I calculated the following results (in $ millions except per share items):Market Value vs. Intrinsic ValueSource: The AuthorRelative Valuation ModelsCoca-Cola’s and PepsiCo’s P/E (FWD)RatioCoca-Cola’s P/E Ratio is currently 25.35, which is 29.13% above the sector median (19.63). This provides us with an indicator that the company is currently overvalued.PepsiCo’s P/E Ratio is currently 20.3, being 3.4% above the sector median (19.63). At the same time, PepsiCo’s current P/E Ratio is 13.67% below the company’s average P/E Ratio of the last 5 years (23.51), which is an indicator that PepsiCo is currently undervalued.Dividend Projections for Coca-ColaCoca-Cola has been able to raise its dividend by 3.62% per year on average in the past five years. The company’s payout ratio is currently 70.25%, demonstrating the potential for future dividend enhancements. I expect the company to raise its dividend by about 3% per year on average in the years to come. Assuming that the company would continue to raise its dividend by about 3% per year in the next 30 years, we would see the following results for Coca-Cola’s dividend and dividend yield shown in the graphic below.Projection of Coca-Cola’s Dividend and Dividend Yield Assuming a Dividend Growth Rate of 3% per Year on AverageSource: The AuthorIn the table below, you can find Coca-Cola’s accumulated dividend assuming a dividend growth rate of 3% per year in the next 30 years. Here you can see that after 20 years, you would have received 77.34% of your initial investment in the form of dividends (for simplification, no withholding tax has been taken into account).Projection of Coca-Cola’s Accumulated Dividend Assuming a Dividend Growth Rate of 3% per Year on AverageDividend Projections for PepsiCoPepsiCo’s dividend growth rate in the last 5 years has been 7.39% on average. In the following, I will make more conservative assumptions assuming that PepsiCo will be able to hike its dividend by about 4% per year on average in the next 30 years. Below you can find the results of PepsiCo’s dividend if you were to invest in PepsiCo at the company’s current stock price.Projection of PepsiCo’s Dividend and Dividend Yield Assuming a Dividend Growth Rate of 4% per Year on AverageSource: The AuthorBelow you can find the results of PepsiCo’s accumulated dividend when assuming a dividend growth rate of 4% per year on average. In 2042, you would have received 85.56% of your initial investment in the form of dividends (for simplification, again, no withholding tax has been included in the calculation).In 30 years, your dividend yield for PepsiCo would be 8.68% (assuming a dividend growth rate of 4% for PepsiCo), and the accumulated dividend would be 158.78%. In comparison to PepsiCo, the dividend yield for Coca-Cola would only be 6.55% (assuming a dividend growth rate of 3% for Coca-Cola), and the accumulated dividend would be 134.85% (as shown in the previous section) after 30 years.Projection of PepsiCo’s Accumulated Dividend Assuming a Dividend Growth Rate of 4% per Year on AverageSource: The AuthorThe results of the dividend projections for Coca-Cola and PepsiCo confirm that it is currently slightly more attractive to invest in PepsiCo than in Coca-Cola. Below you can find a financial overview of Coca-Cola and PepsiCo.Financial Overview: Coca-Cola vs. PepsiCoSource: Seeking AlphaThe High-Quality Company (HQC) Scorecard“The aim of the HQC Scorecard that I have developed is to help investors identify companies which are attractive long-term investments in terms of risk and reward.” Here you can find a detailed description of how the HQC Scorecard works.Overview of the Items on the HQC ScorecardIn the graphic below, you can find the individual items and weighting for each category of the HQC Scorecard. A score between 0 and 5 is given (with 0 being the lowest rating and 5 the highest) for each item on the Scorecard. Furthermore, you can see the conditions that must be met for each point of every rated item.Source: The AuthorCoca-Cola and PepsiCo According to the HQC ScorecardSource: The AuthorAccording to the HQC Scorecard, the overall score of Coca-Cola is 58 out of 100 points. This means that Coca-Cola can currently be classified as a moderately attractive investment in terms of risk and reward.PepsiCo’s overall score is 69 out of 100 points. This scoring indicates an attractive rating for PepsiCo in terms of risk and reward.Both companies are rated as very attractive in the categories of Economic Moat and Profitability. PepsiCo’s rating in comparison to Coca-Cola is significantly higher in the Valuation, Growth, and Expected Return categories.Coca-Cola’s moderately attractive rating in terms of risk and reward according to the HQC Scorecard reinforces my belief that the company is currently a hold. The company shows very low scorings in terms of Valuation and Expected Rate of Return.PepsiCo’s attractive scoring in terms of risk and reward according to the HQC Scorecard strengthens my belief that the company can currently be considered a buy, particularly because of its very attractive rating in the Economic Moat, Profitability, Valuation, and Expected Return categories.The higher scoring of PepsiCo in comparison to Coca-Cola according to the HQC Scorecard strengthens my belief that PepsiCo is currently the more attractive investment choice when comparing both companies.Coca-Cola and PepsiCo According to Seeking Alpha’s Factor GradesAccording to Seeking Alpha's Factor Grades, both Coca-Cola and PepsiCo get a D rating in terms of Valuation and an A+ rating in terms of Profitability. In terms of Growth, PepsiCo gets a D+ while Coca-Cola gets a D-. This strengthens my belief that PepsiCo is currently slightly more attractive than Coca-Cola in terms of Growth. Below you can find the comparison between Coca-Cola and PepsiCo according to the Seeking Alpha Factor Grades:Source: Seeking AlphaCoca-Cola and PepsiCo According to Seeking Alpha’s Quant RankingAccording to the Seeking Alpha Quant Ranking, Coca-Cola is slightly better positioned compared to its competitor PepsiCo. Within the sector, Coca-Cola is ranked 41st (while PepsiCo is ranked 53rd), and within the industry, Coca-Cola is ranked 5th while PepsiCo is 6th. Below you can find the results of the Seeking Alpha Quant Ranking:Source: Seeking AlphaCoca-Cola and PepsiCo According to Seeking Alpha’s Dividend GradesIn terms of Dividend Consistency, both Coca-Cola and PepsiCo are rated A+ according to the Seeking Alpha Dividend Grades. In terms of Dividend Growth, both are rated A, and in terms of Dividend Yield, both get a C+. The difference between both companies exists only in the Dividend Safety category. Coca-Cola gets a B- while PepsiCo gets an A-. Below you can find the Seeking Alpha Dividend Grades for Coca-Cola and PepsiCo:Source: Seeking AlphaThe Seeking Alpha Dividend Grades are a further indicator that an investment in PepsiCo is currently slightly more attractive than an investment in Coca-Cola.RisksFrom my point of view, one of the main risk factors for both Coca-Cola and PepsiCo would be their damaged brand image. In this case, their businesses and financial results could be affected significantly.Among the companies’ competitors are Monster (NASDAQ:MNST), Red Bull, and Nestlé (OTCPK:NSRGY) (OTCPK:NSRGF), for example. All of them have also been able to establish relatively strong brand images over time. The competition could result in declining profit margins for Coca-Cola and PepsiCo.Another risk factor I see for Coca-Cola and PepsiCo could be that the dividend could be cut in the future (for example, as a result of stagnant growth). However, since Coca-Cola currently has a payout ratio of 70.25% and PepsiCo has a payout ratio of 67.62%, I do not see this as a threat in the near future since there is still scope for future dividend enhancements for both companies.In my view, there is not particularly much higher risk in investing in one company compared to the other. Nevertheless, when evaluating the risk, I would tend towards investing in PepsiCo rather than Coca-Cola since PepsiCo has a broader product portfolio (operating not only in the beverages sector like Coca-Cola).Considering all these risk factors strengthens my opinion that I would currently invest in PepsiCo rather than Coca-Cola.The Bottom LineDifferent valuation methods underline that PepsiCo is currently more attractive than Coca-Cola: my DCF Models show that PepsiCo is currently undervalued with an upside of 29.6%, while Coca-Cola is currently overvalued with a downside of 23%.Taking Relative Valuation Models such as the P/E Ratio into account, we get another indicator showing that Coca-Cola is currently overvalued while verifying that PepsiCo is more attractive at this moment in time.I come to the same conclusion when taking into account the Seeking Alpha Dividend Grades. When considering the Seeking Alpha Dividend Grades to compare both companies, we can see that PepsiCo is slightly higher rated than Coca-Cola in terms of Dividend Safety. PepsiCo’s broader and more diversified product portfolio reinforces my belief that I would choose PepsiCo over Coca-Cola.The HQC Scorecard also shows that PepsiCo is currently higher rated than Coca-Cola. While PepsiCo is rated as attractive in terms of risk and reward, Coca-Cola only reaches a moderately attractive score according to the Scorecard. The overall scoring of the HQC Scorecard is yet an additional indicator that strengthens my belief that PepsiCo is currently a buy while I rate Coca-Cola a hold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9073904670,"gmtCreate":1657257997190,"gmtModify":1676535981288,"author":{"id":"4118487116785662","authorId":"4118487116785662","name":"Shirou","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Thx for sharing&nbsp;","listText":"Thx for sharing&nbsp;","text":"Thx for sharing","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9073904670","repostId":"2249881406","repostType":2,"repost":{"id":"2249881406","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":1657245430,"share":"https://www.laohu8.com/m/news/2249881406?lang=&edition=full","pubTime":"2022-07-08 09:57","market":"us","language":"en","title":"These 10 Stocks from a Sector That Is a Bear-Market Bulwark Have Upside Potential of up to 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=2249881406","media":"Dow Jones","summary":"During times of uncertainty, it can help to look at what happened during other down cycles for stock","content":"<html><head></head><body><p>During times of uncertainty, it can help to look at what happened during other down cycles for stocks.</p><p>True, we don&#39;t know when the stock market will hit bottom during this cycle, or if it already has. But you might want to tilt toward a sector that has fared well during previous downturns. You might miss out on some recovery upside, but you might also lower your risk.</p><p>So which groups of stocks fared the best from a market top through a bear-market bottom and back to good times when new highs were set?</p><p>One might look to the previous recession, brought about by the coronavirus pandemic in 2020. But that market downturn reversed quickly when investors realized the Federal Reserve and federal government would provide unprecedented stimulus to help consumers and businesses survive. Let&#39;s look further back.</p><p>This is what happened from the S&amp;P 500&#39;s  then-record closing high on Sept. 20, 2018, through the benchmark index&#39;s bear-market closing low on Dec. 24, 2018, and then through April 23, 2019, when it resumed setting new all-time highs.</p><p>The chart shows the 11 sectors of the S&amp;P 500, sorted by how well they performed (excluding dividends) through the entire 2018-2019 bear market and recovery cycle, with the full index and continuous front-month quotes for West Texas Crude Oil  at the bottom:</p><p><img src=\"https://static.tigerbbs.com/6f603467c0480fb925f6f70096d9f52f\" tg-width=\"801\" tg-height=\"631\" referrerpolicy=\"no-referrer\"/>The bottom line: the utilities sector declined the least through the bottom of the 2018 bear market and rose the most for the entire cycle.</p><p>So far in 2022, here&#39;s how the sectors have performed from the S&amp;P 500&#39;s closing record on Jan. 3 through the close on July 6:</p><p><img src=\"https://static.tigerbbs.com/a3caf6ae8c5b7b3327215940e3019e44\" tg-width=\"794\" tg-height=\"570\" referrerpolicy=\"no-referrer\"/>The energy sector has fared best, aided by the 31% increase in oil prices. However, it hit its own bear market in the past month amid recession fears and a pullback in crude.</p><p>But the utilities sector has shined again, while featuring a weighted estimated annual dividend yield of 3.13%, based on consensus estimates among analysts polled by FactSet.</p><p>There is something to be said for being paid to wait through a bear market, while receiving dividends that put you in the black as seven sectors and the entire index suffer double-digit declines.</p><p>One easy way to invest in the space is the Utilities Select Sector SPDR Fund <a href=\"https://laohu8.com/S/XLU\">$(XLU)$</a>, which holds all the stocks in this sector of the S&amp;P 500.</p><h2>Screening the &#39;bulwark&#39; sector</h2><p>But you might want to dig into the 29 stocks in the S&amp;P 500 utilities sector. Here at the 10 with majority “buy” or equivalent ratings among analysts polled by FactSet that have the most upside potential implied by consensus price targets:</p><p><img src=\"https://static.tigerbbs.com/94ddf504dd9a6124b1268c59bf060978\" tg-width=\"798\" tg-height=\"508\" referrerpolicy=\"no-referrer\"/></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These 10 Stocks from a Sector That Is a Bear-Market Bulwark Have Upside Potential of up to 30%</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\">\nThese 10 Stocks from a Sector That Is a Bear-Market Bulwark Have Upside Potential of up to 30%\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\">2022-07-08 09:57</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>During times of uncertainty, it can help to look at what happened during other down cycles for stocks.</p><p>True, we don&#39;t know when the stock market will hit bottom during this cycle, or if it already has. But you might want to tilt toward a sector that has fared well during previous downturns. You might miss out on some recovery upside, but you might also lower your risk.</p><p>So which groups of stocks fared the best from a market top through a bear-market bottom and back to good times when new highs were set?</p><p>One might look to the previous recession, brought about by the coronavirus pandemic in 2020. But that market downturn reversed quickly when investors realized the Federal Reserve and federal government would provide unprecedented stimulus to help consumers and businesses survive. Let&#39;s look further back.</p><p>This is what happened from the S&amp;P 500&#39;s  then-record closing high on Sept. 20, 2018, through the benchmark index&#39;s bear-market closing low on Dec. 24, 2018, and then through April 23, 2019, when it resumed setting new all-time highs.</p><p>The chart shows the 11 sectors of the S&amp;P 500, sorted by how well they performed (excluding dividends) through the entire 2018-2019 bear market and recovery cycle, with the full index and continuous front-month quotes for West Texas Crude Oil  at the bottom:</p><p><img src=\"https://static.tigerbbs.com/6f603467c0480fb925f6f70096d9f52f\" tg-width=\"801\" tg-height=\"631\" referrerpolicy=\"no-referrer\"/>The bottom line: the utilities sector declined the least through the bottom of the 2018 bear market and rose the most for the entire cycle.</p><p>So far in 2022, here&#39;s how the sectors have performed from the S&amp;P 500&#39;s closing record on Jan. 3 through the close on July 6:</p><p><img src=\"https://static.tigerbbs.com/a3caf6ae8c5b7b3327215940e3019e44\" tg-width=\"794\" tg-height=\"570\" referrerpolicy=\"no-referrer\"/>The energy sector has fared best, aided by the 31% increase in oil prices. However, it hit its own bear market in the past month amid recession fears and a pullback in crude.</p><p>But the utilities sector has shined again, while featuring a weighted estimated annual dividend yield of 3.13%, based on consensus estimates among analysts polled by FactSet.</p><p>There is something to be said for being paid to wait through a bear market, while receiving dividends that put you in the black as seven sectors and the entire index suffer double-digit declines.</p><p>One easy way to invest in the space is the Utilities Select Sector SPDR Fund <a href=\"https://laohu8.com/S/XLU\">$(XLU)$</a>, which holds all the stocks in this sector of the S&amp;P 500.</p><h2>Screening the &#39;bulwark&#39; sector</h2><p>But you might want to dig into the 29 stocks in the S&amp;P 500 utilities sector. Here at the 10 with majority “buy” or equivalent ratings among analysts polled by FactSet that have the most upside potential implied by consensus price targets:</p><p><img src=\"https://static.tigerbbs.com/94ddf504dd9a6124b1268c59bf060978\" tg-width=\"798\" tg-height=\"508\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","BK4504":"桥水持仓","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","BK4105":"独立电力生产商与能源贸易商","SH":"标普500反向ETF","AES":"爱依斯电力","SSO":"两倍做多标普500ETF","OEF":"标普100指数ETF-iShares","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","NEE":"新纪元能源","XLU":"公共事业指数ETF-SPDR","PPL":"宾州电力","BK4559":"巴菲特持仓","BK4081":"电力公用事业","SPY":"标普500ETF","BK4550":"红杉资本持仓","OEX":"标普100",".SPX":"S&P 500 Index","BK4519":"光伏太阳能","UPRO":"三倍做多标普500ETF","BK4561":"索罗斯持仓","BK4581":"高盛持仓"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2249881406","content_text":"During times of uncertainty, it can help to look at what happened during other down cycles for stocks.True, we don't know when the stock market will hit bottom during this cycle, or if it already has. But you might want to tilt toward a sector that has fared well during previous downturns. You might miss out on some recovery upside, but you might also lower your risk.So which groups of stocks fared the best from a market top through a bear-market bottom and back to good times when new highs were set?One might look to the previous recession, brought about by the coronavirus pandemic in 2020. But that market downturn reversed quickly when investors realized the Federal Reserve and federal government would provide unprecedented stimulus to help consumers and businesses survive. Let's look further back.This is what happened from the S&P 500's  then-record closing high on Sept. 20, 2018, through the benchmark index's bear-market closing low on Dec. 24, 2018, and then through April 23, 2019, when it resumed setting new all-time highs.The chart shows the 11 sectors of the S&P 500, sorted by how well they performed (excluding dividends) through the entire 2018-2019 bear market and recovery cycle, with the full index and continuous front-month quotes for West Texas Crude Oil  at the bottom:The bottom line: the utilities sector declined the least through the bottom of the 2018 bear market and rose the most for the entire cycle.So far in 2022, here's how the sectors have performed from the S&P 500's closing record on Jan. 3 through the close on July 6:The energy sector has fared best, aided by the 31% increase in oil prices. However, it hit its own bear market in the past month amid recession fears and a pullback in crude.But the utilities sector has shined again, while featuring a weighted estimated annual dividend yield of 3.13%, based on consensus estimates among analysts polled by FactSet.There is something to be said for being paid to wait through a bear market, while receiving dividends that put you in the black as seven sectors and the entire index suffer double-digit declines.One easy way to invest in the space is the Utilities Select Sector SPDR Fund $(XLU)$, which holds all the stocks in this sector of the S&P 500.Screening the 'bulwark' sectorBut you might want to dig into the 29 stocks in the S&P 500 utilities sector. Here at the 10 with majority “buy” or equivalent ratings among analysts polled by FactSet that have the most upside potential implied by consensus price targets:","news_type":1},"isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}