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Foreign investors' growing "Avoid China" sentiment puts immense pressure on Chinese tech stocks.</p><p>Although the Xi administration suggests that this crackdown has ended, the global investment community remains skeptical. The tech sector's perception is crucial for Alibaba, as it requires freedom to innovate and disrupt the economy. Prolonged investor skepticism continues to hamper Alibaba's growth, valuation, and global expansion efforts.</p><p>The decade-low stock price is down to critical support levels, the encouraging satellite data, and China's upcoming massive stimulus boost puts Alibaba at an inflection point, reaffirming the <strong>strong buy rating</strong> for the next 2-3 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a00404fd5b445663b85a86dac3318304\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"450\"/><span>Data by YCharts</span></p><h2 id=\"id_999276237\">Navigating Challenges & Charting Alibaba's Path Forward</h2><p>The reasons for China's stock market decline are multifaceted. A combination of a distressed property market, President Xi's stringent Covid-19 lockdowns, and rising geopolitical tensions all waver investor confidence. These macroeconomic trends inevitably affect Alibaba's standing in the tech industry. Adding to the complexity are concerns about deflation and the impact of global oil price dynamics influenced by geopolitical events. Global shifts can tangentially affect Alibaba's operational costs and market positioning.</p><p>A crucial step for China's leadership, particularly President Xi Jinping and Premier Li Qiang, is the rapid development of transparent and globally trusted capital markets. Such an environment would provide Alibaba with a more stable foundation for growth. Recent outreach efforts, such as those by the central bank Governor Pan Gongsheng, signal a more inclusive approach to foreign capital, potentially benefiting Alibaba.</p><p>Reflecting on past financial crises, like the 1997 Asian financial meltdown, offers insights into China's current property market challenges. Such tumultuous periods can influence investor confidence and impact Alibaba's capital expansion strategies. The People's Bank of China (PBOC) is also pivotal, adjusting policies to stabilize the economy, which may indirectly influence Alibaba's business dynamics.</p><p>Local government financial strategies, especially around the local government financing vehicles, present another layer of complexity. Mismanagement in this domain could ripple through China's financial ecosystem, affecting businesses like Alibaba. Given these extensive reforms and economic shifts, Beijing must prioritize transparent communication of its intentions and policies. For Alibaba, clarity on these fronts can guide its future growth strategies.</p><h2 id=\"id_3689767331\">China's Stimulus Whispers Boost Alibaba and Peers:</h2><p>Investors might find Alibaba's upward movements predictable and short-lived, as stocks have been making abrupt movements for months based on even the slightest hint of economic interventions by the government.</p><p>Recent reports indicate that China plans to raise its 2023 budget deficit, specifically earmarking it for infrastructure development. The strategy is China's proactive approach to achieving its official economic growth targets. Bloomberg claimed that policymakers are considering the issue of at least 1 trillion yuan ($137 billion) in additional sovereign debt for expenditure on infrastructure projects like water conservation projects, pushing this year's budget deficit considerably above the 3% threshold established in March.</p><h3 id=\"id_3788871170\">Is This Speculated Stimulus a Game-Changer?</h3><p>It's a waiting game till an official statement emerges. However, the kind of stimulus hinted at by Bloomberg might be the required intervention. Investors are concerned by China's ideological hesitancy in deploying a consumption-centric stimulus to uplift the economy, considering President Xi Jinping's reservations towards a Western-style consumption-driven growth model.</p><p>Redirecting the focus towards infrastructure spending might be China's alternative strategy for stimulating the economy, sidelining its reliance on consumption. This might be the spark of hope that these recent rumors of stimulus plans differ from the previous ones. However, this strategy is the ideal solution for companies like Alibaba and JD.com (JD), which thrive on consumer spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfb57674956426735aa48b4535163b97\" alt=\"bloomberg.com\" title=\"bloomberg.com\" tg-width=\"618\" tg-height=\"348\"/><span>bloomberg.com</span></p><h2 id=\"id_969857031\">Satellite Images Reveal China's Economic Pulse</h2><p>As analyzed by US-based company SpaceKnow, satellite imagery paints an <strong>optimistic picture</strong> of China's economic landscape. September saw a consistent bustle around Chinese shopping malls, continuing the trend observed in August. This active engagement is a robust indicator of renewed consumer confidence and a potential resurgence in consumer spending.</p><p>However, not all sectors are experiencing an uptick. The construction sector remains tentative despite the positive retail and shopping activity indicators. The prolonged property downturn, evident from SpaceKnow's cement production data, continues to drag on the construction industry. While cement manufacturing showed signs of recovery since June, current levels still lag behind those in 2021.</p><p>The fluctuating patterns of consumer behavior are also evident in mall activities. While the end of August witnessed a peak, there's been a subsequent slight decline. This could reflect changing consumer spending patterns or a seasonal adjustment at summer's end. Adding to this, Morning Consult's index indicates that while the consumer sentiment gains of the previous month were mostly retained in September, there was a slight dip.</p><p>For Alibaba, these indicators hold significant implications. As a behemoth in China's e-commerce space, Alibaba's fortunes are <strong>closely tied to consumer confidence</strong>. The positive trends in shopping mall activity suggest a favorable environment for retail giants. If these trends hold, Alibaba could witness a <strong>considerable boost</strong> in its e-commerce and retail sectors.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee54e5bb5cdf5417f9eb23dd7ef7adb5\" alt=\"SpaceKnow\" title=\"SpaceKnow\" tg-width=\"640\" tg-height=\"340\"/><span>SpaceKnow</span></p><p>Further indicators of China's economic health come from broader economic metrics. The World Economics' Sales Growth Index and the Emerging Industries PMI suggest an economic momentum building up. Predictions from Goldman Sachs Group also align with this narrative, indicating a potential expansion in output for September. Larry Hu of <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Group further reinforces the optimism, identifying three significant tailwinds supporting China's economic recovery: a recent shift in fiscal policy, stabilization in exports, and adjustments in property strategies.</p><p>However, the market isn't without its challenges. The lingering concerns over the property sector and the observed fluctuations in mall activity necessitate a strategic approach from Alibaba. The company must leverage positive economic indicators while staying agile to navigate potential market pitfalls.</p><p>Although slower at 3% to 5%, China's growth rate is expected to surge in areas that align with Beijing's priorities, such as technology and green transition industries. The ongoing US-China geopolitical tensions, especially US sanctions limiting China's access to vital technologies, are prompting Beijing to invest more in electric vehicles, semiconductor chips, and computers.</p><h2 id=\"id_1122644789\">Unpacking the Numbers for a Promising Upswing</h2><p>Mallari-D'Auria believes that while Alibaba's valuations might not reach their pre-crackdown highs, they can still experience significant growth if consumer spending and confidence increase.</p><p>In absolute valuation, several key indicators highlight a substantial undervaluation. The forward P/E non-GAAP ratio, compared to the 5-year historical average, reveals an undervaluation of around ~49%. Likewise, the forward enterprise value to sales ratio indicates an undervaluation of ~65% relative to the historical average over the same period.</p><p>Other essential metrics reinforce this trend: forward enterprise value to EBIT shows a significant undervaluation of ~62%, forward price to sales indicates a sizable undervaluation of ~63%, and forward price to book reflects an undervaluation of ~57%, all in comparison to the 5-year historical averages.</p><p>Conversely, when assessed in the context of relative valuation measures, the situation becomes more nuanced. The forward P/E Non-GAAP, Enterprise Value to EBIT, and Price to Book ratios indicate undervaluation of ~29%, ~19%, and ~40%, respectively, compared to the sector median. In contrast, other metrics employed earlier indicate overvaluation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e125a6e23eda53fe0b369ccbaba92154\" alt=\"Author (seekingalpha.com)\" title=\"Author (seekingalpha.com)\" tg-width=\"869\" tg-height=\"468\"/><span>Author (seekingalpha.com)</span></p><h2 id=\"id_3505397590\">Contrarians: Key Hedge Funds Increased BABA Stakes</h2><p>In 2023, the overall trend of hedge funds holding positions in BABA remained relatively stable. Not surprisingly, in Q2 2023, some hedge funds reduced their exposure to Chinese companies based on weak trends in the economic recovery in China and elevated geopolitical tensions. Among these adversities, Alibaba is at the center of the tornado.</p><p>The number of hedge funds with <strong>over 5%</strong> of their portfolio stakes in Alibaba was reduced by 52% during the quarter. At the same time, the number of hedge funds with Alibaba among their top 50 positions was reduced by 17% during the same period.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b0449f2660971e0e5f1f05f1ceddcd3\" alt=\"whalewisdom.com\" title=\"whalewisdom.com\" tg-width=\"640\" tg-height=\"286\"/><span>whalewisdom.com</span></p><p>Despite strong fundamentals, Alibaba's market valuation has experienced a significant downtrend and hit historic lows during the last 12 months. Interestingly, a few funds are rapidly accumulating Alibaba against the trend. Although Appaloosa, Third Point, and Segantii Capital have different investment strategies, they have common rationales for investing in the stock, while others jump ship.</p><p>Appaloosa is known for its opportunistic investment approach, seeking undervalued assets and turning around distressed companies. It invested significantly in Alibaba, constituting 7% of its portfolio. Their average purchase price was $87.74 per share. In the second quarter of 2023, Appaloosa dramatically increased its shares by 4375.0%, equivalent to an addition of 4.38 million shares. They hold 4.48 million shares with a total valuation of $421 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53de88dfd22f45d528cd57b086b84fce\" alt=\"Appaloosa BABA trades (stockcircle.com)\" title=\"Appaloosa BABA trades (stockcircle.com)\" tg-width=\"1205\" tg-height=\"302\"/><span>Appaloosa BABA trades (stockcircle.com)</span></p><p>Third Point employs a value investing strategy, seeking companies with solid growth prospects and catalysts for positive change. Its portfolio allocation to Alibaba stands at around 4.0%. Their shares were procured at an average price of $93.21. In Q2 2023, Third Point significantly expanded its stake by 122.4%, corresponding to a gain of 1.62 million shares. Presently, they retain 2.95 million shares, amounting to a total holding value of $277 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f4928a6665eadedaf77dcb4ccb0ee872\" alt=\"Third Point BABA Trades (stockcircle.com)\" title=\"Third Point BABA Trades (stockcircle.com)\" tg-width=\"1206\" tg-height=\"302\"/><span>Third Point BABA Trades (stockcircle.com)</span></p><p>Segantii Capital is known for quantitative strategies incorporating data-driven analysis and market anomalies. Its investment portfolio features a substantial 9.3% allocation to Alibaba. Their initial purchase of shares was made at an average price of $92.46. In the second quarter of 2023, Segantii Capital notably increased its stake by 243.08%, adding 1.32 million shares. Their current holdings comprise 1.87 million shares, with a total valuation of $156 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3476042bc896e00ec66c5600e5f06eb3\" alt=\"Segantii Portfolio (hedgefollow.com)\" title=\"Segantii Portfolio (hedgefollow.com)\" tg-width=\"978\" tg-height=\"551\"/><span>Segantii Portfolio (hedgefollow.com)</span></p><p>During Q2 2023, Alibaba's stock hovered at a decade low and tested critical support near ~$75. Most importantly, Alibaba has entered a new accumulation phase during the quarter, serving as one of the ideal positions to build a long position. These funds' recent long positions drag their average buy price near the critical support level of ~$75, offering an optimum risk-reward ratio for these funds.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7f7ee4760a77d15c0c858fc43c31b34\" alt=\"tradingview.com\" title=\"tradingview.com\" tg-width=\"640\" tg-height=\"277\"/><span>tradingview.com</span></p><h2 id=\"id_3365628084\">Takeaway</h2><p>China's stock market is navigating turbulent waters, influenced by many domestic and international factors, from a shaky property market to geopolitical upheavals. As a significant player in China's tech arena, Alibaba finds itself at the crossroads of these challenges, shaped by the broader macroeconomic environment and specific internal dynamics. Notwithstanding these complexities, recent signals from China's leadership bode well for a potentially more stable future.</p><p>Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</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>Alibaba's Turning Point: Stimulus And Satellite Optimism</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\">\nAlibaba's Turning Point: Stimulus And Satellite Optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-13 23:00 GMT+8 <a href=https://seekingalpha.com/article/4640169-alibaba-turning-point-stimulus-and-satellite-optimism><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid China's dynamic socio-economic changes, Alibaba stands at a significant crossroads, with foreign investor skepticism putting pressure on Chinese tech stocks.Anticipation builds as rumors suggest ...</p>\n\n<a href=\"https://seekingalpha.com/article/4640169-alibaba-turning-point-stimulus-and-satellite-optimism\">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","BK4565":"NFT概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","IE0008368742.USD":"首域中国增长基金I Acc","BK4554":"元宇宙及AR概念","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4588":"碎股","BK4531":"中概回港概念","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1051768304.USD":"贝莱德新兴市场股票收益A6","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4075":"烟草","BK4575":"芯片概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4558":"双十一","BK4509":"腾讯概念","SG9999002463.SGD":"LionGlobal China Growth SGD","BK4587":"ChatGPT概念","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4538":"云计算","BK4527":"明星科技股","BK4579":"人工智能","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4526":"热门中概股","LU0067412154.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY \"P\" (USD) ACC","BK4503":"景林资产持仓","09988":"阿里巴巴-W","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4122":"互联网与直销零售","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4551":"寇图资本持仓","BK4502":"阿里概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0651946864.USD":"贝莱德新兴市场股票收益A2","BK4505":"高瓴资本持仓","LU0072913022.USD":"UBS (LUX) EQUITY FUND - GREATER CHINA \"P\" (USD) ACC","BK4581":"高盛持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","LU0821914370.USD":"贝莱德亚洲成长领袖A2"},"source_url":"https://seekingalpha.com/article/4640169-alibaba-turning-point-stimulus-and-satellite-optimism","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2374164376","content_text":"Amid China's dynamic socio-economic changes, Alibaba stands at a significant crossroads, with foreign investor skepticism putting pressure on Chinese tech stocks.Anticipation builds as rumors suggest China's plan for a massive stimulus boost, aiming to rejuvenate infrastructure and potentially benefit giants like Alibaba.US-based SpaceKnow's satellite imagery showcases renewed consumer confidence in China, with bustling activity in shopping malls pointing toward potential economic revival.Despite overall market skepticism, contrarian hedge funds like Appaloosa and Third Point increased their stakes in Alibaba.NikadaInvestment ThesisAmid China's evolving socio-economic environment, tech behemoths like Alibaba Group Holding Limited (NYSE:BABA) find themselves at a crossroads. Foreign investors' growing \"Avoid China\" sentiment puts immense pressure on Chinese tech stocks.Although the Xi administration suggests that this crackdown has ended, the global investment community remains skeptical. The tech sector's perception is crucial for Alibaba, as it requires freedom to innovate and disrupt the economy. Prolonged investor skepticism continues to hamper Alibaba's growth, valuation, and global expansion efforts.The decade-low stock price is down to critical support levels, the encouraging satellite data, and China's upcoming massive stimulus boost puts Alibaba at an inflection point, reaffirming the strong buy rating for the next 2-3 years.Data by YChartsNavigating Challenges & Charting Alibaba's Path ForwardThe reasons for China's stock market decline are multifaceted. A combination of a distressed property market, President Xi's stringent Covid-19 lockdowns, and rising geopolitical tensions all waver investor confidence. These macroeconomic trends inevitably affect Alibaba's standing in the tech industry. Adding to the complexity are concerns about deflation and the impact of global oil price dynamics influenced by geopolitical events. Global shifts can tangentially affect Alibaba's operational costs and market positioning.A crucial step for China's leadership, particularly President Xi Jinping and Premier Li Qiang, is the rapid development of transparent and globally trusted capital markets. Such an environment would provide Alibaba with a more stable foundation for growth. Recent outreach efforts, such as those by the central bank Governor Pan Gongsheng, signal a more inclusive approach to foreign capital, potentially benefiting Alibaba.Reflecting on past financial crises, like the 1997 Asian financial meltdown, offers insights into China's current property market challenges. Such tumultuous periods can influence investor confidence and impact Alibaba's capital expansion strategies. The People's Bank of China (PBOC) is also pivotal, adjusting policies to stabilize the economy, which may indirectly influence Alibaba's business dynamics.Local government financial strategies, especially around the local government financing vehicles, present another layer of complexity. Mismanagement in this domain could ripple through China's financial ecosystem, affecting businesses like Alibaba. Given these extensive reforms and economic shifts, Beijing must prioritize transparent communication of its intentions and policies. For Alibaba, clarity on these fronts can guide its future growth strategies.China's Stimulus Whispers Boost Alibaba and Peers:Investors might find Alibaba's upward movements predictable and short-lived, as stocks have been making abrupt movements for months based on even the slightest hint of economic interventions by the government.Recent reports indicate that China plans to raise its 2023 budget deficit, specifically earmarking it for infrastructure development. The strategy is China's proactive approach to achieving its official economic growth targets. Bloomberg claimed that policymakers are considering the issue of at least 1 trillion yuan ($137 billion) in additional sovereign debt for expenditure on infrastructure projects like water conservation projects, pushing this year's budget deficit considerably above the 3% threshold established in March.Is This Speculated Stimulus a Game-Changer?It's a waiting game till an official statement emerges. However, the kind of stimulus hinted at by Bloomberg might be the required intervention. Investors are concerned by China's ideological hesitancy in deploying a consumption-centric stimulus to uplift the economy, considering President Xi Jinping's reservations towards a Western-style consumption-driven growth model.Redirecting the focus towards infrastructure spending might be China's alternative strategy for stimulating the economy, sidelining its reliance on consumption. This might be the spark of hope that these recent rumors of stimulus plans differ from the previous ones. However, this strategy is the ideal solution for companies like Alibaba and JD.com (JD), which thrive on consumer spending.bloomberg.comSatellite Images Reveal China's Economic PulseAs analyzed by US-based company SpaceKnow, satellite imagery paints an optimistic picture of China's economic landscape. September saw a consistent bustle around Chinese shopping malls, continuing the trend observed in August. This active engagement is a robust indicator of renewed consumer confidence and a potential resurgence in consumer spending.However, not all sectors are experiencing an uptick. The construction sector remains tentative despite the positive retail and shopping activity indicators. The prolonged property downturn, evident from SpaceKnow's cement production data, continues to drag on the construction industry. While cement manufacturing showed signs of recovery since June, current levels still lag behind those in 2021.The fluctuating patterns of consumer behavior are also evident in mall activities. While the end of August witnessed a peak, there's been a subsequent slight decline. This could reflect changing consumer spending patterns or a seasonal adjustment at summer's end. Adding to this, Morning Consult's index indicates that while the consumer sentiment gains of the previous month were mostly retained in September, there was a slight dip.For Alibaba, these indicators hold significant implications. As a behemoth in China's e-commerce space, Alibaba's fortunes are closely tied to consumer confidence. The positive trends in shopping mall activity suggest a favorable environment for retail giants. If these trends hold, Alibaba could witness a considerable boost in its e-commerce and retail sectors.SpaceKnowFurther indicators of China's economic health come from broader economic metrics. The World Economics' Sales Growth Index and the Emerging Industries PMI suggest an economic momentum building up. Predictions from Goldman Sachs Group also align with this narrative, indicating a potential expansion in output for September. Larry Hu of Macquarie Group further reinforces the optimism, identifying three significant tailwinds supporting China's economic recovery: a recent shift in fiscal policy, stabilization in exports, and adjustments in property strategies.However, the market isn't without its challenges. The lingering concerns over the property sector and the observed fluctuations in mall activity necessitate a strategic approach from Alibaba. The company must leverage positive economic indicators while staying agile to navigate potential market pitfalls.Although slower at 3% to 5%, China's growth rate is expected to surge in areas that align with Beijing's priorities, such as technology and green transition industries. The ongoing US-China geopolitical tensions, especially US sanctions limiting China's access to vital technologies, are prompting Beijing to invest more in electric vehicles, semiconductor chips, and computers.Unpacking the Numbers for a Promising UpswingMallari-D'Auria believes that while Alibaba's valuations might not reach their pre-crackdown highs, they can still experience significant growth if consumer spending and confidence increase.In absolute valuation, several key indicators highlight a substantial undervaluation. The forward P/E non-GAAP ratio, compared to the 5-year historical average, reveals an undervaluation of around ~49%. Likewise, the forward enterprise value to sales ratio indicates an undervaluation of ~65% relative to the historical average over the same period.Other essential metrics reinforce this trend: forward enterprise value to EBIT shows a significant undervaluation of ~62%, forward price to sales indicates a sizable undervaluation of ~63%, and forward price to book reflects an undervaluation of ~57%, all in comparison to the 5-year historical averages.Conversely, when assessed in the context of relative valuation measures, the situation becomes more nuanced. The forward P/E Non-GAAP, Enterprise Value to EBIT, and Price to Book ratios indicate undervaluation of ~29%, ~19%, and ~40%, respectively, compared to the sector median. In contrast, other metrics employed earlier indicate overvaluation.Author (seekingalpha.com)Contrarians: Key Hedge Funds Increased BABA StakesIn 2023, the overall trend of hedge funds holding positions in BABA remained relatively stable. Not surprisingly, in Q2 2023, some hedge funds reduced their exposure to Chinese companies based on weak trends in the economic recovery in China and elevated geopolitical tensions. Among these adversities, Alibaba is at the center of the tornado.The number of hedge funds with over 5% of their portfolio stakes in Alibaba was reduced by 52% during the quarter. At the same time, the number of hedge funds with Alibaba among their top 50 positions was reduced by 17% during the same period.whalewisdom.comDespite strong fundamentals, Alibaba's market valuation has experienced a significant downtrend and hit historic lows during the last 12 months. Interestingly, a few funds are rapidly accumulating Alibaba against the trend. Although Appaloosa, Third Point, and Segantii Capital have different investment strategies, they have common rationales for investing in the stock, while others jump ship.Appaloosa is known for its opportunistic investment approach, seeking undervalued assets and turning around distressed companies. It invested significantly in Alibaba, constituting 7% of its portfolio. Their average purchase price was $87.74 per share. In the second quarter of 2023, Appaloosa dramatically increased its shares by 4375.0%, equivalent to an addition of 4.38 million shares. They hold 4.48 million shares with a total valuation of $421 million.Appaloosa BABA trades (stockcircle.com)Third Point employs a value investing strategy, seeking companies with solid growth prospects and catalysts for positive change. Its portfolio allocation to Alibaba stands at around 4.0%. Their shares were procured at an average price of $93.21. In Q2 2023, Third Point significantly expanded its stake by 122.4%, corresponding to a gain of 1.62 million shares. Presently, they retain 2.95 million shares, amounting to a total holding value of $277 million.Third Point BABA Trades (stockcircle.com)Segantii Capital is known for quantitative strategies incorporating data-driven analysis and market anomalies. Its investment portfolio features a substantial 9.3% allocation to Alibaba. Their initial purchase of shares was made at an average price of $92.46. In the second quarter of 2023, Segantii Capital notably increased its stake by 243.08%, adding 1.32 million shares. Their current holdings comprise 1.87 million shares, with a total valuation of $156 million.Segantii Portfolio (hedgefollow.com)During Q2 2023, Alibaba's stock hovered at a decade low and tested critical support near ~$75. Most importantly, Alibaba has entered a new accumulation phase during the quarter, serving as one of the ideal positions to build a long position. These funds' recent long positions drag their average buy price near the critical support level of ~$75, offering an optimum risk-reward ratio for these funds.tradingview.comTakeawayChina's stock market is navigating turbulent waters, influenced by many domestic and international factors, from a shaky property market to geopolitical upheavals. As a significant player in China's tech arena, Alibaba finds itself at the crossroads of these challenges, shaped by the broader macroeconomic environment and specific internal dynamics. Notwithstanding these complexities, recent signals from China's leadership bode well for a potentially more stable future.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226798986096656,"gmtCreate":1696429981923,"gmtModify":1696429985139,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226798986096656","repostId":"2369111459","repostType":2,"repost":{"id":"2369111459","kind":"highlight","pubTimestamp":1695238500,"share":"https://ttm.financial/m/news/2369111459?lang=&edition=fundamental","pubTime":"2023-09-21 03:35","market":"us","language":"en","title":"Federal Reserve to \"Proceed Carefully\" on Additional Firming: Powell Press Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2369111459","media":"Seeking Alpha","summary":"\"We're in a position to proceed carefully\" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference. The central bank kept rates unchanged for the second time this year, but the Federal Open Market Committee members indicated rates will stay higher for longer in their summary of economic projections. The economy has expanded at a solid pace, he said. And while the labor market has eased somewhat, labor demand still exceeds worker supply, he said. Inflation has moderated since the middle of last year and inflation expectations remain \"well-anchored.\" Still, getting inflation down to the Fed's goal of 2% \"has a long way to go.\" Developing... check back for updates.","content":"<html><head></head><body><p style=\"text-align: left;\">"We're in a position to proceed carefully" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63d45a9ce7ae492046877a2901a24022\" alt=\"Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee Meeting\" title=\"Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee Meeting\" tg-width=\"750\" tg-height=\"500\"/><span>Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee Meeting</span></p><p style=\"text-align: left;\">The central bank kept rates unchanged for the second time this year, but the Federal Open Market Committee members indicated rates will stay higher for longer in their summary of economic projections.</p><p style=\"text-align: left;\">"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle," said Yimin Xu for Cestrian Capital Research. "It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it." (Addd 3:26 PM ET.)</p><p style=\"text-align: left;\">The economy has expanded at a solid pace, he said. And while the labor market has eased somewhat, labor demand still exceeds worker supply, he said.</p><p style=\"text-align: left;\">Inflation has moderated since the middle of last year and inflation expectations remain "well-anchored." Still, getting inflation down to the Fed's goal of 2% "has a long way to go."</p><p style=\"text-align: left;\">"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle. It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it."</p><p style=\"text-align: left;\"><strong>3:24 PM ET:</strong> Press conference concludes. The S&P fell 0.5%, the Nasdaq -0.9%, and the Dow +0.2%, again close to session lows.</p><p style=\"text-align: left;\"><strong>3:23 PM ET: </strong>"Overall, households are in good shape," however surveys show a different picture because consumers "hate inflation," Powell said.</p><p style=\"text-align: left;\"><strong>3:20 PM ET:</strong> There are many explanations for why the U.S. economy has been stronger than many expected, Powell said.The neutral interest rate may be higher than thought, househod and business balance sheets were stronger than thought.</p><p style=\"text-align: left;\"><strong>3:17 PM ET: </strong>"We're not looking for a decrease in consumer spending. It's s good thing that the economy is strong... (But) if the economy comes in stronger than expected, then that means the Fed would have to do more in monetary policy."</p><p style=\"text-align: left;\"><strong>3:10 PM ET:</strong> "Energy prices are very important for the consumer... it really comes down to how persistent that increase is," Powell said. The Fed tends to look through short-term energy price moves because it usually isn't a good indicator of the strength of the economy, he added.</p><p style=\"text-align: left;\"><strong>3:09 PM ET:</strong> "We don't comment on government shutdowns." If a government shutdown lasts long enough, the Fed wouldn't get the economic data that it normally gets, and the Fed "will just have to deal with that."</p><p style=\"text-align: left;\"><strong>3:08 PM ET:</strong> The Fed is moving more slowly and carefully as the risks of overtightening become more closely balanced with the risk of doing too little, Powll said.</p><p style=\"text-align: left;\"><strong>3:05 PM ET: </strong>The S&P 500 is down 0.2%, the Nasdaq -0.5%,and the Dow +0.3%, all near seession lows.</p><p style=\"text-align: left;\"><strong>2:59 PM ET: </strong>There is a long list of external factors that could affect the economic outlook. "There's so much uncertainty around these things," such as the UAW strike, but the Fed has to assess its impact on the economy, he said.</p><p style=\"text-align: left;\"><strong>2:57 PM ET:</strong> "The time will come at some point, and I'm not saying when, when it's appropriate to cut," Powell said.</p><p style=\"text-align: left;\"><strong>2:53 PM ET</strong>: "You know 'sufficiently restrictive' (rate) only when you see it." Right now, the Fed is at the stage where it's still trying to figure out where "sufficiently restrictive" is, he said.</p><p style=\"text-align: left;\"><strong>2:50 PM ET: </strong>Powell said he always thought there's a plausible path for a "soft landing," but declined to call it his baseline expectation. He didn't want to "handicap" its likelihood.</p><p style=\"text-align: left;\">"We've been seeing progress without higher unemployment," he noted.</p><p style=\"text-align: left;\"><strong>2:45 PM ET</strong>: "We're fairly close, we think, to where we think we need to get," in terms of the federal funds rate.</p><p style=\"text-align: left;\"><strong>2:44 PM ET:</strong> "We want to see that the good inflation data we've received for three months is more than just three months," Powell said.</p><p style=\"text-align: left;\"><strong>2:42 PM ET: </strong>The Fed wants to get more data to provide evidence that it has reached a sufficiently restrictive stance. But the central bankers aren't there yet, Powell said.</p><p style=\"text-align: left;\"><strong>2:40 PM ET: </strong>The Fed will continue to make its decisions on a meeting-by-meeting basis.</p><p style=\"text-align: left;\"><strong>Update at 2:39 PM ET:</strong> "Real" interest rates are higher than the neutral rate, he said, meaning the fed funds rate is in restrictive territory that would inhibit economic growth.</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>Federal Reserve to \"Proceed Carefully\" on Additional Firming: Powell Press Conference</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\">\nFederal Reserve to \"Proceed Carefully\" on Additional Firming: Powell Press Conference\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-21 03:35 GMT+8 <a href=https://seekingalpha.com/news/4013885-federal-reserve-to-proceed-carefully-on-additional-firming-powell-press-conference><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"We're in a position to proceed carefully\" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference....</p>\n\n<a href=\"https://seekingalpha.com/news/4013885-federal-reserve-to-proceed-carefully-on-additional-firming-powell-press-conference\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","BK4096":"电气部件与设备",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/news/4013885-federal-reserve-to-proceed-carefully-on-additional-firming-powell-press-conference","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2369111459","content_text":"\"We're in a position to proceed carefully\" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference.Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee MeetingThe central bank kept rates unchanged for the second time this year, but the Federal Open Market Committee members indicated rates will stay higher for longer in their summary of economic projections.\"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle,\" said Yimin Xu for Cestrian Capital Research. \"It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it.\" (Addd 3:26 PM ET.)The economy has expanded at a solid pace, he said. And while the labor market has eased somewhat, labor demand still exceeds worker supply, he said.Inflation has moderated since the middle of last year and inflation expectations remain \"well-anchored.\" Still, getting inflation down to the Fed's goal of 2% \"has a long way to go.\"\"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle. It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it.\"3:24 PM ET: Press conference concludes. The S&P fell 0.5%, the Nasdaq -0.9%, and the Dow +0.2%, again close to session lows.3:23 PM ET: \"Overall, households are in good shape,\" however surveys show a different picture because consumers \"hate inflation,\" Powell said.3:20 PM ET: There are many explanations for why the U.S. economy has been stronger than many expected, Powell said.The neutral interest rate may be higher than thought, househod and business balance sheets were stronger than thought.3:17 PM ET: \"We're not looking for a decrease in consumer spending. It's s good thing that the economy is strong... (But) if the economy comes in stronger than expected, then that means the Fed would have to do more in monetary policy.\"3:10 PM ET: \"Energy prices are very important for the consumer... it really comes down to how persistent that increase is,\" Powell said. The Fed tends to look through short-term energy price moves because it usually isn't a good indicator of the strength of the economy, he added.3:09 PM ET: \"We don't comment on government shutdowns.\" If a government shutdown lasts long enough, the Fed wouldn't get the economic data that it normally gets, and the Fed \"will just have to deal with that.\"3:08 PM ET: The Fed is moving more slowly and carefully as the risks of overtightening become more closely balanced with the risk of doing too little, Powll said.3:05 PM ET: The S&P 500 is down 0.2%, the Nasdaq -0.5%,and the Dow +0.3%, all near seession lows.2:59 PM ET: There is a long list of external factors that could affect the economic outlook. \"There's so much uncertainty around these things,\" such as the UAW strike, but the Fed has to assess its impact on the economy, he said.2:57 PM ET: \"The time will come at some point, and I'm not saying when, when it's appropriate to cut,\" Powell said.2:53 PM ET: \"You know 'sufficiently restrictive' (rate) only when you see it.\" Right now, the Fed is at the stage where it's still trying to figure out where \"sufficiently restrictive\" is, he said.2:50 PM ET: Powell said he always thought there's a plausible path for a \"soft landing,\" but declined to call it his baseline expectation. He didn't want to \"handicap\" its likelihood.\"We've been seeing progress without higher unemployment,\" he noted.2:45 PM ET: \"We're fairly close, we think, to where we think we need to get,\" in terms of the federal funds rate.2:44 PM ET: \"We want to see that the good inflation data we've received for three months is more than just three months,\" Powell said.2:42 PM ET: The Fed wants to get more data to provide evidence that it has reached a sufficiently restrictive stance. But the central bankers aren't there yet, Powell said.2:40 PM ET: The Fed will continue to make its decisions on a meeting-by-meeting basis.Update at 2:39 PM ET: \"Real\" interest rates are higher than the neutral rate, he said, meaning the fed funds rate is in restrictive territory that would inhibit economic growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":227043160596560,"gmtCreate":1696428682869,"gmtModify":1696428686592,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"share<a href=\"https://ttm.financial/S/AVGO\"> </a>","listText":"share<a href=\"https://ttm.financial/S/AVGO\"> </a>","text":"share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/227043160596560","repostId":"2372481163","repostType":4,"repost":{"id":"2372481163","kind":"highlight","pubTimestamp":1696407607,"share":"https://ttm.financial/m/news/2372481163?lang=&edition=fundamental","pubTime":"2023-10-04 16:20","market":"us","language":"en","title":"Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2372481163","media":"The Wall Street Journal","summary":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> used an algorithm code-named "Project Nessie" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.</p><p>The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.</p><p>The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.</p><p>The algorithm helped Amazon recoup money and improve margins. The FTC's lawsuit redacted an estimate of how much it alleges the practice "extracted from American households," and it also says it helped the company generate a redacted amount of "excess profit." Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.</p><p>Amazon stopped using the algorithm in 2019, some of the people said. It wasn't clear why the company stopped using it.</p><p>Project Nessie is one of a number of instances where the FTC's complaint contends that Amazon's monopoly power had broad impacts on raising consumer prices across retail.</p><p>The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: "We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices."</p><p>In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.</p><p>"If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we'd have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law," Zapolsky said.</p><p>A central argument the FTC makes is that Amazon's power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.</p><p>Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon "punishes" them, according to the FTC, downgrading their listings so that shoppers don't see them.</p><p>The FTC alleges that because Amazon's cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.</p><p>Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.</p><p>A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon's cut of third-party seller sales rose from 19% to 45%. The report includes Amazon's fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon's retail sales come from third-party sellers.</p><p>The FTC alleges that sellers feel compelled to use Amazon's logistics program to be eligible for inclusion in Amazon's Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.</p><p>"Amazon's one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else," the complaint says.</p><p>Amazon in its statement said it is a trusted partner for millions of sellers because it provides "the most effective set of services for creating thriving, successful businesses" and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company's advertising or logistics services.</p><p>Internally, some Amazon executives have worried about how the company's policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.</p><p>FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon's ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.</p><p>The FTC's complaint also alleged that advertising is required in order for sellers to be successful.</p><p>"It's become pay to play," said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.</p><p>Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.</p><p>The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.</p><p>Amazon's senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.</p><p>In a meeting among senior Amazon executives several years ago, the company's then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. "Amazon A," as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. "Which one of these companies survives?" the person said Bezos asked Wilke.</p><p>Amazon's size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.</p><p>"It's a love-hate relationship," he said. "They can turn the switch on you in a blink of an eye, and you can be out of business."</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>Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Used Secret \"Project Nessie\" Algorithm to Raise Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 16:20 GMT+8 <a href=https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's...</p>\n\n<a href=\"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?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":{"AMZN":"亚马逊"},"source_url":"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372481163","content_text":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.The algorithm helped Amazon recoup money and improve margins. The FTC's lawsuit redacted an estimate of how much it alleges the practice \"extracted from American households,\" and it also says it helped the company generate a redacted amount of \"excess profit.\" Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.Amazon stopped using the algorithm in 2019, some of the people said. It wasn't clear why the company stopped using it.Project Nessie is one of a number of instances where the FTC's complaint contends that Amazon's monopoly power had broad impacts on raising consumer prices across retail.The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: \"We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices.\"In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.\"If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we'd have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law,\" Zapolsky said.A central argument the FTC makes is that Amazon's power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon \"punishes\" them, according to the FTC, downgrading their listings so that shoppers don't see them.The FTC alleges that because Amazon's cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon's cut of third-party seller sales rose from 19% to 45%. The report includes Amazon's fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon's retail sales come from third-party sellers.The FTC alleges that sellers feel compelled to use Amazon's logistics program to be eligible for inclusion in Amazon's Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.\"Amazon's one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else,\" the complaint says.Amazon in its statement said it is a trusted partner for millions of sellers because it provides \"the most effective set of services for creating thriving, successful businesses\" and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company's advertising or logistics services.Internally, some Amazon executives have worried about how the company's policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon's ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.The FTC's complaint also alleged that advertising is required in order for sellers to be successful.\"It's become pay to play,\" said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.Amazon's senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.In a meeting among senior Amazon executives several years ago, the company's then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. \"Amazon A,\" as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. \"Which one of these companies survives?\" the person said Bezos asked Wilke.Amazon's size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.\"It's a love-hate relationship,\" he said. \"They can turn the switch on you in a blink of an eye, and you can be out of business.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226785707868176,"gmtCreate":1696426740167,"gmtModify":1696429564015,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226785707868176","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226724266111072,"gmtCreate":1696426320737,"gmtModify":1696426442339,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ </a>","listText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ </a>","text":"$Hannans Reward Ltd(HNR.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226724266111072","repostId":"2372087804","repostType":2,"repost":{"id":"2372087804","kind":"highlight","pubTimestamp":1696433020,"share":"https://ttm.financial/m/news/2372087804?lang=&edition=fundamental","pubTime":"2023-10-04 23:23","market":"us","language":"en","title":"3 No-Brainer Stocks to Buy With $1,000 Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2372087804","media":"Motley Fool","summary":"A modest amount of money can go a long way when it's invested in highly profitable industry leaders with sustained competitive advantages.","content":"<html><head></head><body><p>Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making money has been exceptionally challenging.</p><p>But it's a completely different story if you have a long-term mindset. Even though all three major stock indexes are well below their record-closing highs from nearly two years ago, history shows that time eventually heals all wounds (at least for the major indexes). It means every sizable decline in the stock market represents a buying opportunity for long-term investors with cash in hand.</p><p>One of the best aspects of putting your money to work on Wall Street is that previous barriers to entry for everyday investors have been torn down by most online brokerages. Both minimum deposit requirements and commission fees for buy-and-sell transactions on major U.S. stock exchanges have been done away with by most online brokers. This means any amount of money -- even $1,000 -- can be the perfect amount to invest.</p><p>If you have $1,000 that's ready to be put to work and are positive you won't need this cash to pay bills or cover the cost of an emergency, the following three stocks stand out as no-brainer buys right now.</p><h2 id=\"id_2589371165\"><a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a></h2><p>The first winning stock you can confidently buy with $1,000 right now is Berkshire Hathaway, the conglomerate run by billionaire CEO Warren Buffett. Note that I'm specifically referring to the B Class shares (BRK.B), since a single A Class share (BRK.A) will set you back more than $531,000!</p><p>What Berkshire Hathaway brings to the table for long-term investors is significant outperformance. Keeping in mind that past performance is no guarantee of future results, Berkshire's Class A shares -- the Class B shares didn't come into existence until 1996 -- have averaged a 19.8% annualized gain since the mid-1960s, double the annualized total return, including dividends, of the benchmark S&P 500 over the same timeline.</p><p>Though books have been written about Warren Buffett's investment philosophy and the reasons behind his success, I'd whittle the Oracle of Omaha's outperformance down to three factors: cyclicality, dividends, and the company's capital-return program.</p><p>Having endured more than a dozen U.S. recessions as an investor, Warren Buffett is well aware that downturns are a normal, inevitable part of the investing cycle. However, Buffett also recognizes that periods of economic expansion last substantially longer than recessions. Instead of trying to time when downturns will occur, he's angled Berkshire Hathaway's acquired assets and investment portfolio to take advantage of long-winded periods of growth. This has been done by purchasing/acquiring cyclical companies that ebb and flow with the U.S. and global economy.</p><p>A second reason for Berkshire Hathaway's long-term outperformance is Buffett's penchant for owning dividend stocks. Over the next 12 months, Berkshire is expected to collect more than $6 billion in dividend income. Aside from this income padding Berkshire's bottom line, dividend stocks have an extensive history of outperforming nonpayers over long periods.</p><p>The third factor that's helped Berkshire Hathaway crush the S&P 500 is its capital-return program. Although Buffett's company doesn't pay a dividend, he and executive vice chairman Charlie Munger have overseen the repurchase of more than $71 billion worth of Berkshire Hathaway stock since July 2018. Buying back stock is boosting Berkshire's earnings per share and making an already inexpensive stock look that much more attractive.</p><h2 id=\"id_3673421880\"><a href=\"https://laohu8.com/S/VRTX\">Vertex Pharmaceuticals</a></h2><p>A second no-brainer stock to buy with $1,000 right now is specialty biotech company Vertex Pharmaceuticals.</p><p>Before diving into the specifics of what makes Vertex such a great company, it's important to recognize the defensive nature of healthcare stocks. Regardless of external factors, such as the U.S. inflation rate or the health of the U.S. economy, patients taking lifesaving or game-changing drugs will continue to need their medication in any climate. For brand-name drug developers, it means exceptional cash flow consistency.</p><p>Where Vertex Pharmaceuticals has made its mark is treating people with cystic fibrosis (CF), a genetic disease characterized by thick mucus production that can obstruct a person's lungs and/or pancreas.</p><p>Though there's no cure for CF, Vertex has developed four generations of mutation-specific CF therapies aimed at improving lung function. The most recent, combination therapy Trikafta, received approval from the U.S. Food and Drug Administration a full five months ahead of its scheduled review date, and is pacing close to $8.7 billion in full-year sales in 2023. </p><p>Aside from currently developing a fifth-generation CF treatment, the excitement surrounding Vertex has to do with its potential expansion into new areas of focus. For instance, gene-editing therapy exagamglogene autotemcel (exa-cel), which was developed in cooperation with CRISPR Therapeutics, has the ability to generate in excess of $1 billion in peak annual sales as a treatment for severe sickle cell disease and transfusion-dependent beta thalassemia.</p><p>Vertex Pharmaceuticals' balance sheet is another reason for long-term investors to smile. Selling novel drugs with no current competition in the CF space is leading to boatloads of operating cash flow for the company. Even with a $3 billion share repurchase program in place, the company's cash pile grew to $11.2 billion in the June-ended quarter. </p><p>A forward price-to-earnings (P/E) ratio of 21, coupled with Vertex's sustained double-digit sales growth rate, makes it a phenomenal buy.</p><h2 id=\"id_116220556\"><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2><p>The third no-brainer stock to buy with $1,000 right now is none other than cybersecurity stock Palo Alto Networks.</p><p>Similar to Vertex, Palo Alto Networks benefits from the defensive dynamics of the cybersecurity industry -- namely, hackers and robots aren't going to stop trying to steal sensitive information just because Wall Street or the U.S./global economy hits a rough patch. For businesses with an online or cloud-based presence, cybersecurity solutions have practically become a necessity.</p><p>What's really put Palo Alto Networks on the map over the past five years is the company's ongoing transformation to cloud-based software-as-a-service (SaaS) solutions. From the end of fiscal 2017 to the close of fiscal 2023 (the company's fiscal year ends on July 31), subscription and support sales grew from 60% of net revenue to 77% of total sales, respectively. </p><p>Although the company continues to sell physical firewall products, focusing on SaaS solutions comes with well-defined advantages. Cloud-based SaaS solutions are more effective at recognizing and responding to threats than on-premises solutions, they should improve gross retention rates, and most importantly, SaaS solutions can increase Palo Alto Networks' operating margin over time.</p><p>Another reason Palo Alto is such a winner is its ability to land big clients. While it's great to see next-generation security billings climbing, the key performance indicator that stands out is the 43% year-over-year increase in deals totaling $20 million or more in annual recurring revenue. Bigger deals explain why Palo Alto's remaining performance obligations (i.e., its backlog) have climbed to a new high of $10.6 billion.</p><p>As I've pointed out, CEO Nikesh Arora has also done a phenomenal job of adding to Palo Alto's reach with a steady diet of bolt-on acquisitions. These buyouts give Palo Alto a way to expand its product ecosystem and cross-sell its solutions to reach new businesses.</p><p>Though Palo Alto might look pricey at 36 times forward-year earnings, it offers an earnings growth rate of nearly 27% over the coming five years, per Wall Street estimates. When factoring in the company's growth potential, Palo Alto stock is still an amazing deal.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 No-Brainer Stocks to Buy With $1,000 Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 No-Brainer Stocks to Buy With $1,000 Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 23:23 GMT+8 <a href=https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PANW":"Palo Alto Networks","VERX":"Vertex, Inc.","BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372087804","content_text":"Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making money has been exceptionally challenging.But it's a completely different story if you have a long-term mindset. Even though all three major stock indexes are well below their record-closing highs from nearly two years ago, history shows that time eventually heals all wounds (at least for the major indexes). It means every sizable decline in the stock market represents a buying opportunity for long-term investors with cash in hand.One of the best aspects of putting your money to work on Wall Street is that previous barriers to entry for everyday investors have been torn down by most online brokerages. Both minimum deposit requirements and commission fees for buy-and-sell transactions on major U.S. stock exchanges have been done away with by most online brokers. This means any amount of money -- even $1,000 -- can be the perfect amount to invest.If you have $1,000 that's ready to be put to work and are positive you won't need this cash to pay bills or cover the cost of an emergency, the following three stocks stand out as no-brainer buys right now.Berkshire HathawayThe first winning stock you can confidently buy with $1,000 right now is Berkshire Hathaway, the conglomerate run by billionaire CEO Warren Buffett. Note that I'm specifically referring to the B Class shares (BRK.B), since a single A Class share (BRK.A) will set you back more than $531,000!What Berkshire Hathaway brings to the table for long-term investors is significant outperformance. Keeping in mind that past performance is no guarantee of future results, Berkshire's Class A shares -- the Class B shares didn't come into existence until 1996 -- have averaged a 19.8% annualized gain since the mid-1960s, double the annualized total return, including dividends, of the benchmark S&P 500 over the same timeline.Though books have been written about Warren Buffett's investment philosophy and the reasons behind his success, I'd whittle the Oracle of Omaha's outperformance down to three factors: cyclicality, dividends, and the company's capital-return program.Having endured more than a dozen U.S. recessions as an investor, Warren Buffett is well aware that downturns are a normal, inevitable part of the investing cycle. However, Buffett also recognizes that periods of economic expansion last substantially longer than recessions. Instead of trying to time when downturns will occur, he's angled Berkshire Hathaway's acquired assets and investment portfolio to take advantage of long-winded periods of growth. This has been done by purchasing/acquiring cyclical companies that ebb and flow with the U.S. and global economy.A second reason for Berkshire Hathaway's long-term outperformance is Buffett's penchant for owning dividend stocks. Over the next 12 months, Berkshire is expected to collect more than $6 billion in dividend income. Aside from this income padding Berkshire's bottom line, dividend stocks have an extensive history of outperforming nonpayers over long periods.The third factor that's helped Berkshire Hathaway crush the S&P 500 is its capital-return program. Although Buffett's company doesn't pay a dividend, he and executive vice chairman Charlie Munger have overseen the repurchase of more than $71 billion worth of Berkshire Hathaway stock since July 2018. Buying back stock is boosting Berkshire's earnings per share and making an already inexpensive stock look that much more attractive.Vertex PharmaceuticalsA second no-brainer stock to buy with $1,000 right now is specialty biotech company Vertex Pharmaceuticals.Before diving into the specifics of what makes Vertex such a great company, it's important to recognize the defensive nature of healthcare stocks. Regardless of external factors, such as the U.S. inflation rate or the health of the U.S. economy, patients taking lifesaving or game-changing drugs will continue to need their medication in any climate. For brand-name drug developers, it means exceptional cash flow consistency.Where Vertex Pharmaceuticals has made its mark is treating people with cystic fibrosis (CF), a genetic disease characterized by thick mucus production that can obstruct a person's lungs and/or pancreas.Though there's no cure for CF, Vertex has developed four generations of mutation-specific CF therapies aimed at improving lung function. The most recent, combination therapy Trikafta, received approval from the U.S. Food and Drug Administration a full five months ahead of its scheduled review date, and is pacing close to $8.7 billion in full-year sales in 2023. Aside from currently developing a fifth-generation CF treatment, the excitement surrounding Vertex has to do with its potential expansion into new areas of focus. For instance, gene-editing therapy exagamglogene autotemcel (exa-cel), which was developed in cooperation with CRISPR Therapeutics, has the ability to generate in excess of $1 billion in peak annual sales as a treatment for severe sickle cell disease and transfusion-dependent beta thalassemia.Vertex Pharmaceuticals' balance sheet is another reason for long-term investors to smile. Selling novel drugs with no current competition in the CF space is leading to boatloads of operating cash flow for the company. Even with a $3 billion share repurchase program in place, the company's cash pile grew to $11.2 billion in the June-ended quarter. A forward price-to-earnings (P/E) ratio of 21, coupled with Vertex's sustained double-digit sales growth rate, makes it a phenomenal buy.Palo Alto NetworksThe third no-brainer stock to buy with $1,000 right now is none other than cybersecurity stock Palo Alto Networks.Similar to Vertex, Palo Alto Networks benefits from the defensive dynamics of the cybersecurity industry -- namely, hackers and robots aren't going to stop trying to steal sensitive information just because Wall Street or the U.S./global economy hits a rough patch. For businesses with an online or cloud-based presence, cybersecurity solutions have practically become a necessity.What's really put Palo Alto Networks on the map over the past five years is the company's ongoing transformation to cloud-based software-as-a-service (SaaS) solutions. From the end of fiscal 2017 to the close of fiscal 2023 (the company's fiscal year ends on July 31), subscription and support sales grew from 60% of net revenue to 77% of total sales, respectively. Although the company continues to sell physical firewall products, focusing on SaaS solutions comes with well-defined advantages. Cloud-based SaaS solutions are more effective at recognizing and responding to threats than on-premises solutions, they should improve gross retention rates, and most importantly, SaaS solutions can increase Palo Alto Networks' operating margin over time.Another reason Palo Alto is such a winner is its ability to land big clients. While it's great to see next-generation security billings climbing, the key performance indicator that stands out is the 43% year-over-year increase in deals totaling $20 million or more in annual recurring revenue. Bigger deals explain why Palo Alto's remaining performance obligations (i.e., its backlog) have climbed to a new high of $10.6 billion.As I've pointed out, CEO Nikesh Arora has also done a phenomenal job of adding to Palo Alto's reach with a steady diet of bolt-on acquisitions. These buyouts give Palo Alto a way to expand its product ecosystem and cross-sell its solutions to reach new businesses.Though Palo Alto might look pricey at 36 times forward-year earnings, it offers an earnings growth rate of nearly 27% over the coming five years, per Wall Street estimates. When factoring in the company's growth potential, Palo Alto stock is still an amazing deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224024908001344,"gmtCreate":1695731249220,"gmtModify":1695731292234,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224024908001344","isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223995085938856,"gmtCreate":1695723882109,"gmtModify":1695723987331,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&P/ASX 300(XKO.AU)$ </a>","listText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&P/ASX 300(XKO.AU)$ </a>","text":"$S&P/ASX 300(XKO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223995085938856","repostId":"2370222526","repostType":2,"repost":{"id":"2370222526","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1695722410,"share":"https://ttm.financial/m/news/2370222526?lang=&edition=fundamental","pubTime":"2023-09-26 18:00","market":"us","language":"en","title":"Tesla to Face EU Anti-Subsidy Probe over China Exports","url":"https://stock-news.laohu8.com/highlight/detail?id=2370222526","media":"Reuters","summary":"Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidie","content":"<html><head></head><body><p>Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels' most senior trade official.</p><p>Tesla shares lost 1.7% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcecee0eb1cf90be482cdf6c75581630\" title=\"\" tg-width=\"805\" tg-height=\"822\"/></p><p>EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.</p><p>“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.</p><p>He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.</p><p>For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.</p><p>The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.</p><p>“The EU is now probably the largest market which is open for Chinese producers,” he said.</p><p>During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.</p><p>Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.</p><p>China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.</p><p>But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.</p><p>Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.</p><p>In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.</p><p>About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.</p><p>Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.</p><p>“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”</p><p></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla to Face EU Anti-Subsidy Probe over China Exports</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla to Face EU Anti-Subsidy Probe over China Exports\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2023-09-26 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels' most senior trade official.</p><p>Tesla shares lost 1.7% on the news.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bcecee0eb1cf90be482cdf6c75581630\" title=\"\" tg-width=\"805\" tg-height=\"822\"/></p><p>EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.</p><p>“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.</p><p>He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.</p><p>For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.</p><p>The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.</p><p>“The EU is now probably the largest market which is open for Chinese producers,” he said.</p><p>During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.</p><p>Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.</p><p>China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.</p><p>But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.</p><p>Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.</p><p>In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.</p><p>About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.</p><p>Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.</p><p>“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4156":"煤与消费用燃料","TSLA":"特斯拉","TSLL":"Direxion Daily TSLA Bull 2X Shares"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2370222526","content_text":"Sept 26 (Reuters) - Tesla and European carmakers that export from China to the EU will be part of the bloc's probe into whether the country's electric vehicles industry is receiving unfair subsidies, the Financial Times reported on Tuesday, citing Brussels' most senior trade official.Tesla shares lost 1.7% on the news.EU executive vice-president Valdis Dombrovskis on Tuesday said there was “sufficient prima facie evidence” to justify the probe into imports from China of battery-powered vehicles, which Brussels fears could overwhelm the bloc’s car industry.“Strictly speaking, it’s not limited only to Chinese brand electrical vehicles, it can be also other producers’ vehicles if they are receiving production-side subsidies,” said Dombrovskis in an interview, responding to a question on whether Tesla or Geely, the owner of Sweden’s Volvo, might fall under the probe.He spoke with the Financial Times at the conclusion of a five-day trip to Beijing, during which he said he was constantly pressed by his Chinese counterparts about the probe.For Beijing, the EU’s announcement this month of the anti-subsidy investigation days before Dombrovskis’s visit opened a new front in recent tensions between the two trading superpowers.The EU was “open to competition” in the EV sector, but “competition needs to be fair”, said Dombrovskis, adding that other large economies had already introduced tariffs on battery EVs from China.“The EU is now probably the largest market which is open for Chinese producers,” he said.During the visit, Dombrovskis pursued an ambitious agenda of trying to persuade Beijing to dismantle what European companies say are hundreds of commercial barriers that contributed to a record trade deficit last year of almost $400bn.Both sides said they made some progress on Dombrovskis’s visit, announcing a “mechanism” on Monday evening to discuss export controls — mirroring a similar effort between Beijing and Washington — as well as an agreement from China to buy more EU agricultural goods.China also pledged to prioritise resolving problems such as a backlog in approving licences for European infant formula makers and barriers to imports of luxury goods.But Beijing also made clear its displeasure with the anti-subsidy probe. Dombrovskis said his Chinese counterparts raised the matter in every meeting.Tesla already exports electric cars to Europe from its Shanghai gigafactory, although those numbers may fall following the opening of a facility in Berlin last year, said analysts. About one-fifth of all EVs sold in Europe are manufactured in China.In the first half of this year, Chinese-made vehicles accounted for 11.2 per cent of EVs sold in Germany, according to a brief by the Center for Strategic and International Studies this month.About 91 per cent of those cars were from Chinese-owned European brands such as Britain’s MG, owned by China’s SAIC, or Volvo’s Polestar, or from joint ventures between European and Chinese companies such as Dacia Spring, Smart or BMW iX3, said CSIS.Dombrovskis also emphasised that new Chinese data laws were a “systemic problem” for foreign businesses operating in the country. European companies have complained that the laws, which require groups to store data locally, are vague and cumbersome to observe.“If companies . . . need to have the licensing for data transfers of important data but nobody has defined what is important, it’s difficult,” he said. “Providing more clarity would already be a good starting point.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222009203953904,"gmtCreate":1695228657488,"gmtModify":1695228659952,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"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":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222009203953904","repostId":"1108135933","repostType":2,"repost":{"id":"1108135933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1695225708,"share":"https://ttm.financial/m/news/1108135933?lang=&edition=fundamental","pubTime":"2023-09-21 00:01","market":"us","language":"en","title":"Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108135933","media":"Tiger Newspress","summary":"Marketing firm Klaviyo open on flat on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in t","content":"<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</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>Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarketing Firm Klaviyo Spikes 23% on Its First Day of Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-21 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVYO":"Klaviyo, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108135933","content_text":"Marketing firm Klaviyo spiked 23% on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222008556478600,"gmtCreate":1695228609390,"gmtModify":1695229170805,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222008556478600","repostId":"1108135933","repostType":2,"repost":{"id":"1108135933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1695225708,"share":"https://ttm.financial/m/news/1108135933?lang=&edition=fundamental","pubTime":"2023-09-21 00:01","market":"us","language":"en","title":"Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108135933","media":"Tiger Newspress","summary":"Marketing firm Klaviyo open on flat on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in t","content":"<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</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>Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarketing Firm Klaviyo Spikes 23% on Its First Day of Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-21 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVYO":"Klaviyo, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108135933","content_text":"Marketing firm Klaviyo spiked 23% on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222008459743368,"gmtCreate":1695228585773,"gmtModify":1695229170558,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222008459743368","repostId":"1108135933","repostType":2,"repost":{"id":"1108135933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1695225708,"share":"https://ttm.financial/m/news/1108135933?lang=&edition=fundamental","pubTime":"2023-09-21 00:01","market":"us","language":"en","title":"Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108135933","media":"Tiger Newspress","summary":"Marketing firm Klaviyo open on flat on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in t","content":"<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</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>Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarketing Firm Klaviyo Spikes 23% on Its First Day of Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-21 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVYO":"Klaviyo, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108135933","content_text":"Marketing firm Klaviyo spiked 23% on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221933294501984,"gmtCreate":1695210227160,"gmtModify":1695216579182,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt </a>TigerGPT,your new investing superpower <a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more </a>","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt </a>TigerGPT,your new investing superpower <a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more </a>","text":"@TigerGpt TigerGPT,your new investing superpower Click to learn more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/221933294501984","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","text":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","html":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221579312345160,"gmtCreate":1695133296612,"gmtModify":1695133364771,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221579312345160","isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":227043160596560,"gmtCreate":1696428682869,"gmtModify":1696428686592,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"share<a href=\"https://ttm.financial/S/AVGO\"> </a>","listText":"share<a href=\"https://ttm.financial/S/AVGO\"> </a>","text":"share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/227043160596560","repostId":"2372481163","repostType":4,"repost":{"id":"2372481163","kind":"highlight","pubTimestamp":1696407607,"share":"https://ttm.financial/m/news/2372481163?lang=&edition=fundamental","pubTime":"2023-10-04 16:20","market":"us","language":"en","title":"Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2372481163","media":"The Wall Street Journal","summary":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> used an algorithm code-named "Project Nessie" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.</p><p>The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.</p><p>The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.</p><p>The algorithm helped Amazon recoup money and improve margins. The FTC's lawsuit redacted an estimate of how much it alleges the practice "extracted from American households," and it also says it helped the company generate a redacted amount of "excess profit." Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.</p><p>Amazon stopped using the algorithm in 2019, some of the people said. It wasn't clear why the company stopped using it.</p><p>Project Nessie is one of a number of instances where the FTC's complaint contends that Amazon's monopoly power had broad impacts on raising consumer prices across retail.</p><p>The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: "We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices."</p><p>In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.</p><p>"If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we'd have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law," Zapolsky said.</p><p>A central argument the FTC makes is that Amazon's power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.</p><p>Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon "punishes" them, according to the FTC, downgrading their listings so that shoppers don't see them.</p><p>The FTC alleges that because Amazon's cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.</p><p>Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.</p><p>A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon's cut of third-party seller sales rose from 19% to 45%. The report includes Amazon's fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon's retail sales come from third-party sellers.</p><p>The FTC alleges that sellers feel compelled to use Amazon's logistics program to be eligible for inclusion in Amazon's Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.</p><p>"Amazon's one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else," the complaint says.</p><p>Amazon in its statement said it is a trusted partner for millions of sellers because it provides "the most effective set of services for creating thriving, successful businesses" and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company's advertising or logistics services.</p><p>Internally, some Amazon executives have worried about how the company's policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.</p><p>FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon's ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.</p><p>The FTC's complaint also alleged that advertising is required in order for sellers to be successful.</p><p>"It's become pay to play," said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.</p><p>Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.</p><p>The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.</p><p>Amazon's senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.</p><p>In a meeting among senior Amazon executives several years ago, the company's then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. "Amazon A," as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. "Which one of these companies survives?" the person said Bezos asked Wilke.</p><p>Amazon's size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.</p><p>"It's a love-hate relationship," he said. "They can turn the switch on you in a blink of an eye, and you can be out of business."</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>Amazon Used Secret \"Project Nessie\" Algorithm to Raise Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Used Secret \"Project Nessie\" Algorithm to Raise Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 16:20 GMT+8 <a href=https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's...</p>\n\n<a href=\"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?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":{"AMZN":"亚马逊"},"source_url":"https://www.wsj.com/business/retail/amazon-used-secret-project-nessie-algorithm-to-raise-prices-6c593706?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372481163","content_text":"Amazon.com used an algorithm code-named \"Project Nessie\" to test how much it could raise prices in a way that competitors would follow, according to redacted portions of the Federal Trade Commission's monopoly lawsuit against the company.The algorithm helped Amazon improve its profit on items across shopping categories, and because of the power the company has in e-commerce, led competitors to raise their prices and charge customers more, according to people familiar with the allegations in the complaint. In instances where competitors didn't raise their prices to Amazon's level, the algorithm -- which is no longer in use -- automatically returned the item to its normal price point.The company also used Nessie on what employees saw as a promotional spiral, where Amazon would match a discounted price from a competitor, such as Target.com, and other competitors would follow, lowering their prices. When Target ended its sale, Amazon and the other competitors would remain locked at the low price because they were still matching each other, according to former employees who worked on the algorithm and pricing team.The algorithm helped Amazon recoup money and improve margins. The FTC's lawsuit redacted an estimate of how much it alleges the practice \"extracted from American households,\" and it also says it helped the company generate a redacted amount of \"excess profit.\" Amazon made more than $1 billion in revenue through use of the algorithm, according to a person familiar with the matter.Amazon stopped using the algorithm in 2019, some of the people said. It wasn't clear why the company stopped using it.Project Nessie is one of a number of instances where the FTC's complaint contends that Amazon's monopoly power had broad impacts on raising consumer prices across retail.The FTC declined to comment on the redacted material in the complaint, but FTC spokesman Douglas Farrar said: \"We once again call on Amazon to move swiftly to remove the redactions and allow the American public to see the full scope of what we allege are their illegal monopolistic practices.\"In a statement last week, top Amazon lawyer David Zapolsky said the FTC is misunderstanding how online pricing and competition work.\"If they were successful in this lawsuit, the result would be anticompetitive and anti-consumer because we'd have to stop many of the things we do to offer and highlight low prices -- a perverse result that would be directly opposed to the goals of antitrust law,\" Zapolsky said.A central argument the FTC makes is that Amazon's power over third-party sellers on its website leads to higher prices for consumers, even those who are buying goods from a rival.Essentially, sellers feel they have no choice but to use Amazon because of its reach, consumer base and logistics prowess, but the company prohibits them from offering their products at a lower price at other retailers than on Amazon, where nearly 40% of all e-commerce in the U.S. occurs, the FTC alleges. If they offer lower prices elsewhere, Amazon \"punishes\" them, according to the FTC, downgrading their listings so that shoppers don't see them.The FTC alleges that because Amazon's cost to sell is higher than other platforms due to its fees, it creates a higher price point for goods across retail, since sellers must use their Amazon price as their floor.Fees and charges to Amazon sellers have exploded in recent years, and the company now pockets nearly half of the dollar amount for every sale a third-party makes on the platform.A new report from the Institute for Local Self-Reliance, a research and advocacy group, found that between 2014 and 2023, Amazon's cut of third-party seller sales rose from 19% to 45%. The report includes Amazon's fees related to selling on the platform, advertising on it and fulfillment of orders. More than 60% of Amazon's retail sales come from third-party sellers.The FTC alleges that sellers feel compelled to use Amazon's logistics program to be eligible for inclusion in Amazon's Prime program, and they buy advertisements on Amazon.com to ensure they reach its vast pool of customers.\"Amazon's one-two punch of seller punishments and high seller fees often forces sellers to use their inflated Amazon prices as a price floor everywhere else,\" the complaint says.Amazon in its statement said it is a trusted partner for millions of sellers because it provides \"the most effective set of services for creating thriving, successful businesses\" and has invested billions of dollars to aid sellers. It also said it provides its merchants with choices, and that sellers can succeed without using the company's advertising or logistics services.Internally, some Amazon executives have worried about how the company's policies affected pricing throughout retail, some said. For instance, if an Amazon seller making a hat lists it at $20 on Amazon.com in order to cover their shipping costs, referral fee and advertising costs, it must also charge $20 for that hat on its own website, though the cost of doing business would be much less if a buyer bought directly from them because there would be no referral fees or advertising costs.FTC Chair Lina Khan originally argued in her 2017 Yale Law Review article that Amazon hurt its rivals by heavily discounting. However, the substance of the FTC complaint is focused on Amazon's ability to raise prices. Antitrust experts pointed out that often the behavior of a company differs when it is building a monopoly, where it may cut prices to hurt rivals and grow market share, and maintaining one, where it has the freedom to now raise prices and degrade services because there are fewer viable rivals.The FTC's complaint also alleged that advertising is required in order for sellers to be successful.\"It's become pay to play,\" said Brandon Fuhrmann, an Amazon merchant who sells kitchen products. Because Amazon in recent years has given more space in search results to advertising, merchants say they feel forced to pay for the advertisements.Amazon has made improvements for sellers throughout the years. Merchants said the company has gotten better at communicating issues, and it has provided them with greater analytical tools to measure their sales performance. In online posts following the FTC suit, some sellers expressed support for the company and said the FTC claims were misguided.The FTC complaint claimed the number of advertisements on Amazon has degraded the shopping experience for customers.Amazon's senior management team has internally had a similar debate inside the company about whether the amount of ads was degrading the shopping experience for customers.In a meeting among senior Amazon executives several years ago, the company's then-CEO of Worldwide Consumer, Jeff Wilke, complained there were too many advertisements crowding search results, according to an attendee. Jeff Bezos, who was then CEO, cut Wilke off, the person said, telling Wilke that they already had that debate too many times. Bezos described two versions of Amazon to the group. \"Amazon A,\" as he called it, had no advertising. Amazon B had advertisements and allowed Amazon to offer lower prices. \"Which one of these companies survives?\" the person said Bezos asked Wilke.Amazon's size and corresponding power are a double-edged sword for sellers. Jess Nepstad, who sells outdoor coffee products, said only 40% of his sales go through Amazon because he fears relying on the retailer too heavily.\"It's a love-hate relationship,\" he said. \"They can turn the switch on you in a blink of an eye, and you can be out of business.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226785707868176,"gmtCreate":1696426740167,"gmtModify":1696429564015,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226785707868176","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226724266111072,"gmtCreate":1696426320737,"gmtModify":1696426442339,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ </a>","listText":"<a href=\"https://ttm.financial/S/HNR.AU\">$Hannans Reward Ltd(HNR.AU)$ </a>","text":"$Hannans Reward Ltd(HNR.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226724266111072","repostId":"2372087804","repostType":2,"repost":{"id":"2372087804","kind":"highlight","pubTimestamp":1696433020,"share":"https://ttm.financial/m/news/2372087804?lang=&edition=fundamental","pubTime":"2023-10-04 23:23","market":"us","language":"en","title":"3 No-Brainer Stocks to Buy With $1,000 Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2372087804","media":"Motley Fool","summary":"A modest amount of money can go a long way when it's invested in highly profitable industry leaders with sustained competitive advantages.","content":"<html><head></head><body><p>Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making money has been exceptionally challenging.</p><p>But it's a completely different story if you have a long-term mindset. Even though all three major stock indexes are well below their record-closing highs from nearly two years ago, history shows that time eventually heals all wounds (at least for the major indexes). It means every sizable decline in the stock market represents a buying opportunity for long-term investors with cash in hand.</p><p>One of the best aspects of putting your money to work on Wall Street is that previous barriers to entry for everyday investors have been torn down by most online brokerages. Both minimum deposit requirements and commission fees for buy-and-sell transactions on major U.S. stock exchanges have been done away with by most online brokers. This means any amount of money -- even $1,000 -- can be the perfect amount to invest.</p><p>If you have $1,000 that's ready to be put to work and are positive you won't need this cash to pay bills or cover the cost of an emergency, the following three stocks stand out as no-brainer buys right now.</p><h2 id=\"id_2589371165\"><a href=\"https://laohu8.com/S/BRK.A\">Berkshire Hathaway</a></h2><p>The first winning stock you can confidently buy with $1,000 right now is Berkshire Hathaway, the conglomerate run by billionaire CEO Warren Buffett. Note that I'm specifically referring to the B Class shares (BRK.B), since a single A Class share (BRK.A) will set you back more than $531,000!</p><p>What Berkshire Hathaway brings to the table for long-term investors is significant outperformance. Keeping in mind that past performance is no guarantee of future results, Berkshire's Class A shares -- the Class B shares didn't come into existence until 1996 -- have averaged a 19.8% annualized gain since the mid-1960s, double the annualized total return, including dividends, of the benchmark S&P 500 over the same timeline.</p><p>Though books have been written about Warren Buffett's investment philosophy and the reasons behind his success, I'd whittle the Oracle of Omaha's outperformance down to three factors: cyclicality, dividends, and the company's capital-return program.</p><p>Having endured more than a dozen U.S. recessions as an investor, Warren Buffett is well aware that downturns are a normal, inevitable part of the investing cycle. However, Buffett also recognizes that periods of economic expansion last substantially longer than recessions. Instead of trying to time when downturns will occur, he's angled Berkshire Hathaway's acquired assets and investment portfolio to take advantage of long-winded periods of growth. This has been done by purchasing/acquiring cyclical companies that ebb and flow with the U.S. and global economy.</p><p>A second reason for Berkshire Hathaway's long-term outperformance is Buffett's penchant for owning dividend stocks. Over the next 12 months, Berkshire is expected to collect more than $6 billion in dividend income. Aside from this income padding Berkshire's bottom line, dividend stocks have an extensive history of outperforming nonpayers over long periods.</p><p>The third factor that's helped Berkshire Hathaway crush the S&P 500 is its capital-return program. Although Buffett's company doesn't pay a dividend, he and executive vice chairman Charlie Munger have overseen the repurchase of more than $71 billion worth of Berkshire Hathaway stock since July 2018. Buying back stock is boosting Berkshire's earnings per share and making an already inexpensive stock look that much more attractive.</p><h2 id=\"id_3673421880\"><a href=\"https://laohu8.com/S/VRTX\">Vertex Pharmaceuticals</a></h2><p>A second no-brainer stock to buy with $1,000 right now is specialty biotech company Vertex Pharmaceuticals.</p><p>Before diving into the specifics of what makes Vertex such a great company, it's important to recognize the defensive nature of healthcare stocks. Regardless of external factors, such as the U.S. inflation rate or the health of the U.S. economy, patients taking lifesaving or game-changing drugs will continue to need their medication in any climate. For brand-name drug developers, it means exceptional cash flow consistency.</p><p>Where Vertex Pharmaceuticals has made its mark is treating people with cystic fibrosis (CF), a genetic disease characterized by thick mucus production that can obstruct a person's lungs and/or pancreas.</p><p>Though there's no cure for CF, Vertex has developed four generations of mutation-specific CF therapies aimed at improving lung function. The most recent, combination therapy Trikafta, received approval from the U.S. Food and Drug Administration a full five months ahead of its scheduled review date, and is pacing close to $8.7 billion in full-year sales in 2023. </p><p>Aside from currently developing a fifth-generation CF treatment, the excitement surrounding Vertex has to do with its potential expansion into new areas of focus. For instance, gene-editing therapy exagamglogene autotemcel (exa-cel), which was developed in cooperation with CRISPR Therapeutics, has the ability to generate in excess of $1 billion in peak annual sales as a treatment for severe sickle cell disease and transfusion-dependent beta thalassemia.</p><p>Vertex Pharmaceuticals' balance sheet is another reason for long-term investors to smile. Selling novel drugs with no current competition in the CF space is leading to boatloads of operating cash flow for the company. Even with a $3 billion share repurchase program in place, the company's cash pile grew to $11.2 billion in the June-ended quarter. </p><p>A forward price-to-earnings (P/E) ratio of 21, coupled with Vertex's sustained double-digit sales growth rate, makes it a phenomenal buy.</p><h2 id=\"id_116220556\"><a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2><p>The third no-brainer stock to buy with $1,000 right now is none other than cybersecurity stock Palo Alto Networks.</p><p>Similar to Vertex, Palo Alto Networks benefits from the defensive dynamics of the cybersecurity industry -- namely, hackers and robots aren't going to stop trying to steal sensitive information just because Wall Street or the U.S./global economy hits a rough patch. For businesses with an online or cloud-based presence, cybersecurity solutions have practically become a necessity.</p><p>What's really put Palo Alto Networks on the map over the past five years is the company's ongoing transformation to cloud-based software-as-a-service (SaaS) solutions. From the end of fiscal 2017 to the close of fiscal 2023 (the company's fiscal year ends on July 31), subscription and support sales grew from 60% of net revenue to 77% of total sales, respectively. </p><p>Although the company continues to sell physical firewall products, focusing on SaaS solutions comes with well-defined advantages. Cloud-based SaaS solutions are more effective at recognizing and responding to threats than on-premises solutions, they should improve gross retention rates, and most importantly, SaaS solutions can increase Palo Alto Networks' operating margin over time.</p><p>Another reason Palo Alto is such a winner is its ability to land big clients. While it's great to see next-generation security billings climbing, the key performance indicator that stands out is the 43% year-over-year increase in deals totaling $20 million or more in annual recurring revenue. Bigger deals explain why Palo Alto's remaining performance obligations (i.e., its backlog) have climbed to a new high of $10.6 billion.</p><p>As I've pointed out, CEO Nikesh Arora has also done a phenomenal job of adding to Palo Alto's reach with a steady diet of bolt-on acquisitions. These buyouts give Palo Alto a way to expand its product ecosystem and cross-sell its solutions to reach new businesses.</p><p>Though Palo Alto might look pricey at 36 times forward-year earnings, it offers an earnings growth rate of nearly 27% over the coming five years, per Wall Street estimates. When factoring in the company's growth potential, Palo Alto stock is still an amazing deal.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 No-Brainer Stocks to Buy With $1,000 Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 No-Brainer Stocks to Buy With $1,000 Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-04 23:23 GMT+8 <a href=https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PANW":"Palo Alto Networks","VERX":"Vertex, Inc.","BRK.B":"伯克希尔B","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2023/10/04/3-no-brainer-stocks-to-buy-with-1000-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2372087804","content_text":"Perspective is everything on Wall Street. Over the past three and a half years, Wall Street's major stock indexes have fluctuated between bear and bull markets. If you're a short-term trader, making money has been exceptionally challenging.But it's a completely different story if you have a long-term mindset. Even though all three major stock indexes are well below their record-closing highs from nearly two years ago, history shows that time eventually heals all wounds (at least for the major indexes). It means every sizable decline in the stock market represents a buying opportunity for long-term investors with cash in hand.One of the best aspects of putting your money to work on Wall Street is that previous barriers to entry for everyday investors have been torn down by most online brokerages. Both minimum deposit requirements and commission fees for buy-and-sell transactions on major U.S. stock exchanges have been done away with by most online brokers. This means any amount of money -- even $1,000 -- can be the perfect amount to invest.If you have $1,000 that's ready to be put to work and are positive you won't need this cash to pay bills or cover the cost of an emergency, the following three stocks stand out as no-brainer buys right now.Berkshire HathawayThe first winning stock you can confidently buy with $1,000 right now is Berkshire Hathaway, the conglomerate run by billionaire CEO Warren Buffett. Note that I'm specifically referring to the B Class shares (BRK.B), since a single A Class share (BRK.A) will set you back more than $531,000!What Berkshire Hathaway brings to the table for long-term investors is significant outperformance. Keeping in mind that past performance is no guarantee of future results, Berkshire's Class A shares -- the Class B shares didn't come into existence until 1996 -- have averaged a 19.8% annualized gain since the mid-1960s, double the annualized total return, including dividends, of the benchmark S&P 500 over the same timeline.Though books have been written about Warren Buffett's investment philosophy and the reasons behind his success, I'd whittle the Oracle of Omaha's outperformance down to three factors: cyclicality, dividends, and the company's capital-return program.Having endured more than a dozen U.S. recessions as an investor, Warren Buffett is well aware that downturns are a normal, inevitable part of the investing cycle. However, Buffett also recognizes that periods of economic expansion last substantially longer than recessions. Instead of trying to time when downturns will occur, he's angled Berkshire Hathaway's acquired assets and investment portfolio to take advantage of long-winded periods of growth. This has been done by purchasing/acquiring cyclical companies that ebb and flow with the U.S. and global economy.A second reason for Berkshire Hathaway's long-term outperformance is Buffett's penchant for owning dividend stocks. Over the next 12 months, Berkshire is expected to collect more than $6 billion in dividend income. Aside from this income padding Berkshire's bottom line, dividend stocks have an extensive history of outperforming nonpayers over long periods.The third factor that's helped Berkshire Hathaway crush the S&P 500 is its capital-return program. Although Buffett's company doesn't pay a dividend, he and executive vice chairman Charlie Munger have overseen the repurchase of more than $71 billion worth of Berkshire Hathaway stock since July 2018. Buying back stock is boosting Berkshire's earnings per share and making an already inexpensive stock look that much more attractive.Vertex PharmaceuticalsA second no-brainer stock to buy with $1,000 right now is specialty biotech company Vertex Pharmaceuticals.Before diving into the specifics of what makes Vertex such a great company, it's important to recognize the defensive nature of healthcare stocks. Regardless of external factors, such as the U.S. inflation rate or the health of the U.S. economy, patients taking lifesaving or game-changing drugs will continue to need their medication in any climate. For brand-name drug developers, it means exceptional cash flow consistency.Where Vertex Pharmaceuticals has made its mark is treating people with cystic fibrosis (CF), a genetic disease characterized by thick mucus production that can obstruct a person's lungs and/or pancreas.Though there's no cure for CF, Vertex has developed four generations of mutation-specific CF therapies aimed at improving lung function. The most recent, combination therapy Trikafta, received approval from the U.S. Food and Drug Administration a full five months ahead of its scheduled review date, and is pacing close to $8.7 billion in full-year sales in 2023. Aside from currently developing a fifth-generation CF treatment, the excitement surrounding Vertex has to do with its potential expansion into new areas of focus. For instance, gene-editing therapy exagamglogene autotemcel (exa-cel), which was developed in cooperation with CRISPR Therapeutics, has the ability to generate in excess of $1 billion in peak annual sales as a treatment for severe sickle cell disease and transfusion-dependent beta thalassemia.Vertex Pharmaceuticals' balance sheet is another reason for long-term investors to smile. Selling novel drugs with no current competition in the CF space is leading to boatloads of operating cash flow for the company. Even with a $3 billion share repurchase program in place, the company's cash pile grew to $11.2 billion in the June-ended quarter. A forward price-to-earnings (P/E) ratio of 21, coupled with Vertex's sustained double-digit sales growth rate, makes it a phenomenal buy.Palo Alto NetworksThe third no-brainer stock to buy with $1,000 right now is none other than cybersecurity stock Palo Alto Networks.Similar to Vertex, Palo Alto Networks benefits from the defensive dynamics of the cybersecurity industry -- namely, hackers and robots aren't going to stop trying to steal sensitive information just because Wall Street or the U.S./global economy hits a rough patch. For businesses with an online or cloud-based presence, cybersecurity solutions have practically become a necessity.What's really put Palo Alto Networks on the map over the past five years is the company's ongoing transformation to cloud-based software-as-a-service (SaaS) solutions. From the end of fiscal 2017 to the close of fiscal 2023 (the company's fiscal year ends on July 31), subscription and support sales grew from 60% of net revenue to 77% of total sales, respectively. Although the company continues to sell physical firewall products, focusing on SaaS solutions comes with well-defined advantages. Cloud-based SaaS solutions are more effective at recognizing and responding to threats than on-premises solutions, they should improve gross retention rates, and most importantly, SaaS solutions can increase Palo Alto Networks' operating margin over time.Another reason Palo Alto is such a winner is its ability to land big clients. While it's great to see next-generation security billings climbing, the key performance indicator that stands out is the 43% year-over-year increase in deals totaling $20 million or more in annual recurring revenue. Bigger deals explain why Palo Alto's remaining performance obligations (i.e., its backlog) have climbed to a new high of $10.6 billion.As I've pointed out, CEO Nikesh Arora has also done a phenomenal job of adding to Palo Alto's reach with a steady diet of bolt-on acquisitions. These buyouts give Palo Alto a way to expand its product ecosystem and cross-sell its solutions to reach new businesses.Though Palo Alto might look pricey at 36 times forward-year earnings, it offers an earnings growth rate of nearly 27% over the coming five years, per Wall Street estimates. When factoring in the company's growth potential, Palo Alto stock is still an amazing deal.","news_type":1},"isVote":1,"tweetType":1,"viewCount":122,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":226798986096656,"gmtCreate":1696429981923,"gmtModify":1696429985139,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/226798986096656","repostId":"2369111459","repostType":2,"repost":{"id":"2369111459","kind":"highlight","pubTimestamp":1695238500,"share":"https://ttm.financial/m/news/2369111459?lang=&edition=fundamental","pubTime":"2023-09-21 03:35","market":"us","language":"en","title":"Federal Reserve to \"Proceed Carefully\" on Additional Firming: Powell Press Conference","url":"https://stock-news.laohu8.com/highlight/detail?id=2369111459","media":"Seeking Alpha","summary":"\"We're in a position to proceed carefully\" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference. The central bank kept rates unchanged for the second time this year, but the Federal Open Market Committee members indicated rates will stay higher for longer in their summary of economic projections. The economy has expanded at a solid pace, he said. And while the labor market has eased somewhat, labor demand still exceeds worker supply, he said. Inflation has moderated since the middle of last year and inflation expectations remain \"well-anchored.\" Still, getting inflation down to the Fed's goal of 2% \"has a long way to go.\" Developing... check back for updates.","content":"<html><head></head><body><p style=\"text-align: left;\">"We're in a position to proceed carefully" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63d45a9ce7ae492046877a2901a24022\" alt=\"Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee Meeting\" title=\"Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee Meeting\" tg-width=\"750\" tg-height=\"500\"/><span>Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee Meeting</span></p><p style=\"text-align: left;\">The central bank kept rates unchanged for the second time this year, but the Federal Open Market Committee members indicated rates will stay higher for longer in their summary of economic projections.</p><p style=\"text-align: left;\">"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle," said Yimin Xu for Cestrian Capital Research. "It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it." (Addd 3:26 PM ET.)</p><p style=\"text-align: left;\">The economy has expanded at a solid pace, he said. And while the labor market has eased somewhat, labor demand still exceeds worker supply, he said.</p><p style=\"text-align: left;\">Inflation has moderated since the middle of last year and inflation expectations remain "well-anchored." Still, getting inflation down to the Fed's goal of 2% "has a long way to go."</p><p style=\"text-align: left;\">"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle. It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it."</p><p style=\"text-align: left;\"><strong>3:24 PM ET:</strong> Press conference concludes. The S&P fell 0.5%, the Nasdaq -0.9%, and the Dow +0.2%, again close to session lows.</p><p style=\"text-align: left;\"><strong>3:23 PM ET: </strong>"Overall, households are in good shape," however surveys show a different picture because consumers "hate inflation," Powell said.</p><p style=\"text-align: left;\"><strong>3:20 PM ET:</strong> There are many explanations for why the U.S. economy has been stronger than many expected, Powell said.The neutral interest rate may be higher than thought, househod and business balance sheets were stronger than thought.</p><p style=\"text-align: left;\"><strong>3:17 PM ET: </strong>"We're not looking for a decrease in consumer spending. It's s good thing that the economy is strong... (But) if the economy comes in stronger than expected, then that means the Fed would have to do more in monetary policy."</p><p style=\"text-align: left;\"><strong>3:10 PM ET:</strong> "Energy prices are very important for the consumer... it really comes down to how persistent that increase is," Powell said. The Fed tends to look through short-term energy price moves because it usually isn't a good indicator of the strength of the economy, he added.</p><p style=\"text-align: left;\"><strong>3:09 PM ET:</strong> "We don't comment on government shutdowns." If a government shutdown lasts long enough, the Fed wouldn't get the economic data that it normally gets, and the Fed "will just have to deal with that."</p><p style=\"text-align: left;\"><strong>3:08 PM ET:</strong> The Fed is moving more slowly and carefully as the risks of overtightening become more closely balanced with the risk of doing too little, Powll said.</p><p style=\"text-align: left;\"><strong>3:05 PM ET: </strong>The S&P 500 is down 0.2%, the Nasdaq -0.5%,and the Dow +0.3%, all near seession lows.</p><p style=\"text-align: left;\"><strong>2:59 PM ET: </strong>There is a long list of external factors that could affect the economic outlook. "There's so much uncertainty around these things," such as the UAW strike, but the Fed has to assess its impact on the economy, he said.</p><p style=\"text-align: left;\"><strong>2:57 PM ET:</strong> "The time will come at some point, and I'm not saying when, when it's appropriate to cut," Powell said.</p><p style=\"text-align: left;\"><strong>2:53 PM ET</strong>: "You know 'sufficiently restrictive' (rate) only when you see it." Right now, the Fed is at the stage where it's still trying to figure out where "sufficiently restrictive" is, he said.</p><p style=\"text-align: left;\"><strong>2:50 PM ET: </strong>Powell said he always thought there's a plausible path for a "soft landing," but declined to call it his baseline expectation. He didn't want to "handicap" its likelihood.</p><p style=\"text-align: left;\">"We've been seeing progress without higher unemployment," he noted.</p><p style=\"text-align: left;\"><strong>2:45 PM ET</strong>: "We're fairly close, we think, to where we think we need to get," in terms of the federal funds rate.</p><p style=\"text-align: left;\"><strong>2:44 PM ET:</strong> "We want to see that the good inflation data we've received for three months is more than just three months," Powell said.</p><p style=\"text-align: left;\"><strong>2:42 PM ET: </strong>The Fed wants to get more data to provide evidence that it has reached a sufficiently restrictive stance. But the central bankers aren't there yet, Powell said.</p><p style=\"text-align: left;\"><strong>2:40 PM ET: </strong>The Fed will continue to make its decisions on a meeting-by-meeting basis.</p><p style=\"text-align: left;\"><strong>Update at 2:39 PM ET:</strong> "Real" interest rates are higher than the neutral rate, he said, meaning the fed funds rate is in restrictive territory that would inhibit economic growth.</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>Federal Reserve to \"Proceed Carefully\" on Additional Firming: Powell Press Conference</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\">\nFederal Reserve to \"Proceed Carefully\" on Additional Firming: Powell Press Conference\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-21 03:35 GMT+8 <a href=https://seekingalpha.com/news/4013885-federal-reserve-to-proceed-carefully-on-additional-firming-powell-press-conference><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>\"We're in a position to proceed carefully\" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference....</p>\n\n<a href=\"https://seekingalpha.com/news/4013885-federal-reserve-to-proceed-carefully-on-additional-firming-powell-press-conference\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","BK4096":"电气部件与设备",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/news/4013885-federal-reserve-to-proceed-carefully-on-additional-firming-powell-press-conference","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2369111459","content_text":"\"We're in a position to proceed carefully\" in assessing whether additional policy firming will be needed, Federal Reserve Chair Jerome Powell said at his post-monetary decision press conference.Federal Reserve Chair Jerome Powell Holds His News Conference After The Federal Open Market Committee MeetingThe central bank kept rates unchanged for the second time this year, but the Federal Open Market Committee members indicated rates will stay higher for longer in their summary of economic projections.\"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle,\" said Yimin Xu for Cestrian Capital Research. \"It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it.\" (Addd 3:26 PM ET.)The economy has expanded at a solid pace, he said. And while the labor market has eased somewhat, labor demand still exceeds worker supply, he said.Inflation has moderated since the middle of last year and inflation expectations remain \"well-anchored.\" Still, getting inflation down to the Fed's goal of 2% \"has a long way to go.\"\"Today's FOMC is not really about whether one more hike will be a game changer at this stage of the hiking cycle. It is more about the Fed showing a resolute stance to keep going if future data suggest there is more work required. The Fed has not even started trying to figure out how long they need to stay at the terminal level once they reach it.\"3:24 PM ET: Press conference concludes. The S&P fell 0.5%, the Nasdaq -0.9%, and the Dow +0.2%, again close to session lows.3:23 PM ET: \"Overall, households are in good shape,\" however surveys show a different picture because consumers \"hate inflation,\" Powell said.3:20 PM ET: There are many explanations for why the U.S. economy has been stronger than many expected, Powell said.The neutral interest rate may be higher than thought, househod and business balance sheets were stronger than thought.3:17 PM ET: \"We're not looking for a decrease in consumer spending. It's s good thing that the economy is strong... (But) if the economy comes in stronger than expected, then that means the Fed would have to do more in monetary policy.\"3:10 PM ET: \"Energy prices are very important for the consumer... it really comes down to how persistent that increase is,\" Powell said. The Fed tends to look through short-term energy price moves because it usually isn't a good indicator of the strength of the economy, he added.3:09 PM ET: \"We don't comment on government shutdowns.\" If a government shutdown lasts long enough, the Fed wouldn't get the economic data that it normally gets, and the Fed \"will just have to deal with that.\"3:08 PM ET: The Fed is moving more slowly and carefully as the risks of overtightening become more closely balanced with the risk of doing too little, Powll said.3:05 PM ET: The S&P 500 is down 0.2%, the Nasdaq -0.5%,and the Dow +0.3%, all near seession lows.2:59 PM ET: There is a long list of external factors that could affect the economic outlook. \"There's so much uncertainty around these things,\" such as the UAW strike, but the Fed has to assess its impact on the economy, he said.2:57 PM ET: \"The time will come at some point, and I'm not saying when, when it's appropriate to cut,\" Powell said.2:53 PM ET: \"You know 'sufficiently restrictive' (rate) only when you see it.\" Right now, the Fed is at the stage where it's still trying to figure out where \"sufficiently restrictive\" is, he said.2:50 PM ET: Powell said he always thought there's a plausible path for a \"soft landing,\" but declined to call it his baseline expectation. He didn't want to \"handicap\" its likelihood.\"We've been seeing progress without higher unemployment,\" he noted.2:45 PM ET: \"We're fairly close, we think, to where we think we need to get,\" in terms of the federal funds rate.2:44 PM ET: \"We want to see that the good inflation data we've received for three months is more than just three months,\" Powell said.2:42 PM ET: The Fed wants to get more data to provide evidence that it has reached a sufficiently restrictive stance. But the central bankers aren't there yet, Powell said.2:40 PM ET: The Fed will continue to make its decisions on a meeting-by-meeting basis.Update at 2:39 PM ET: \"Real\" interest rates are higher than the neutral rate, he said, meaning the fed funds rate is in restrictive territory that would inhibit economic growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":224024908001344,"gmtCreate":1695731249220,"gmtModify":1695731292234,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","listText":"<a href=\"https://ttm.financial/S/XJO.AU\">$S&P/ASX 200(XJO.AU)$ </a><v-v data-views=\"1\"></v-v>","text":"$S&P/ASX 200(XJO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/224024908001344","isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":223995085938856,"gmtCreate":1695723882109,"gmtModify":1695723987331,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&P/ASX 300(XKO.AU)$ </a>","listText":"<a href=\"https://ttm.financial/S/XKO.AU\">$S&P/ASX 300(XKO.AU)$ </a>","text":"$S&P/ASX 300(XKO.AU)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223995085938856","repostId":"2370222526","repostType":2,"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":230077830516736,"gmtCreate":1697209424965,"gmtModify":1697209432297,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/230077830516736","repostId":"2374164376","repostType":2,"repost":{"id":"2374164376","kind":"highlight","pubTimestamp":1697209200,"share":"https://ttm.financial/m/news/2374164376?lang=&edition=fundamental","pubTime":"2023-10-13 23:00","market":"hk","language":"en","title":"Alibaba's Turning Point: Stimulus And Satellite Optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=2374164376","media":"Seeking Alpha","summary":"Amid China's dynamic socio-economic changes, Alibaba stands at a significant crossroads, with foreign investor skepticism putting pressure on Chinese tech stocks.Anticipation builds as rumors suggest ","content":"<html><head></head><body><ul style=\"\"><li><p>Amid China's dynamic socio-economic changes, Alibaba stands at a significant crossroads, with foreign investor skepticism putting pressure on Chinese tech stocks.</p></li><li><p>Anticipation builds as rumors suggest China's plan for a massive stimulus boost, aiming to rejuvenate infrastructure and potentially benefit giants like Alibaba.</p></li><li><p>US-based SpaceKnow's satellite imagery showcases renewed consumer confidence in China, with bustling activity in shopping malls pointing toward potential economic revival.</p></li><li><p>Despite overall market skepticism, contrarian hedge funds like Appaloosa and Third Point increased their stakes in Alibaba.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/471dc77ee53806ea76a70e38c46ad9af\" alt=\"Nikada\" title=\"Nikada\" tg-width=\"750\" tg-height=\"501\"/><span>Nikada</span></p><h2 id=\"id_846578275\">Investment Thesis</h2><p>Amid China's evolving socio-economic environment, tech behemoths like Alibaba Group Holding Limited (NYSE:BABA) find themselves at a crossroads. Foreign investors' growing "Avoid China" sentiment puts immense pressure on Chinese tech stocks.</p><p>Although the Xi administration suggests that this crackdown has ended, the global investment community remains skeptical. The tech sector's perception is crucial for Alibaba, as it requires freedom to innovate and disrupt the economy. Prolonged investor skepticism continues to hamper Alibaba's growth, valuation, and global expansion efforts.</p><p>The decade-low stock price is down to critical support levels, the encouraging satellite data, and China's upcoming massive stimulus boost puts Alibaba at an inflection point, reaffirming the <strong>strong buy rating</strong> for the next 2-3 years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a00404fd5b445663b85a86dac3318304\" alt=\"Data by YCharts\" title=\"Data by YCharts\" tg-width=\"635\" tg-height=\"450\"/><span>Data by YCharts</span></p><h2 id=\"id_999276237\">Navigating Challenges & Charting Alibaba's Path Forward</h2><p>The reasons for China's stock market decline are multifaceted. A combination of a distressed property market, President Xi's stringent Covid-19 lockdowns, and rising geopolitical tensions all waver investor confidence. These macroeconomic trends inevitably affect Alibaba's standing in the tech industry. Adding to the complexity are concerns about deflation and the impact of global oil price dynamics influenced by geopolitical events. Global shifts can tangentially affect Alibaba's operational costs and market positioning.</p><p>A crucial step for China's leadership, particularly President Xi Jinping and Premier Li Qiang, is the rapid development of transparent and globally trusted capital markets. Such an environment would provide Alibaba with a more stable foundation for growth. Recent outreach efforts, such as those by the central bank Governor Pan Gongsheng, signal a more inclusive approach to foreign capital, potentially benefiting Alibaba.</p><p>Reflecting on past financial crises, like the 1997 Asian financial meltdown, offers insights into China's current property market challenges. Such tumultuous periods can influence investor confidence and impact Alibaba's capital expansion strategies. The People's Bank of China (PBOC) is also pivotal, adjusting policies to stabilize the economy, which may indirectly influence Alibaba's business dynamics.</p><p>Local government financial strategies, especially around the local government financing vehicles, present another layer of complexity. Mismanagement in this domain could ripple through China's financial ecosystem, affecting businesses like Alibaba. Given these extensive reforms and economic shifts, Beijing must prioritize transparent communication of its intentions and policies. For Alibaba, clarity on these fronts can guide its future growth strategies.</p><h2 id=\"id_3689767331\">China's Stimulus Whispers Boost Alibaba and Peers:</h2><p>Investors might find Alibaba's upward movements predictable and short-lived, as stocks have been making abrupt movements for months based on even the slightest hint of economic interventions by the government.</p><p>Recent reports indicate that China plans to raise its 2023 budget deficit, specifically earmarking it for infrastructure development. The strategy is China's proactive approach to achieving its official economic growth targets. Bloomberg claimed that policymakers are considering the issue of at least 1 trillion yuan ($137 billion) in additional sovereign debt for expenditure on infrastructure projects like water conservation projects, pushing this year's budget deficit considerably above the 3% threshold established in March.</p><h3 id=\"id_3788871170\">Is This Speculated Stimulus a Game-Changer?</h3><p>It's a waiting game till an official statement emerges. However, the kind of stimulus hinted at by Bloomberg might be the required intervention. Investors are concerned by China's ideological hesitancy in deploying a consumption-centric stimulus to uplift the economy, considering President Xi Jinping's reservations towards a Western-style consumption-driven growth model.</p><p>Redirecting the focus towards infrastructure spending might be China's alternative strategy for stimulating the economy, sidelining its reliance on consumption. This might be the spark of hope that these recent rumors of stimulus plans differ from the previous ones. However, this strategy is the ideal solution for companies like Alibaba and JD.com (JD), which thrive on consumer spending.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bfb57674956426735aa48b4535163b97\" alt=\"bloomberg.com\" title=\"bloomberg.com\" tg-width=\"618\" tg-height=\"348\"/><span>bloomberg.com</span></p><h2 id=\"id_969857031\">Satellite Images Reveal China's Economic Pulse</h2><p>As analyzed by US-based company SpaceKnow, satellite imagery paints an <strong>optimistic picture</strong> of China's economic landscape. September saw a consistent bustle around Chinese shopping malls, continuing the trend observed in August. This active engagement is a robust indicator of renewed consumer confidence and a potential resurgence in consumer spending.</p><p>However, not all sectors are experiencing an uptick. The construction sector remains tentative despite the positive retail and shopping activity indicators. The prolonged property downturn, evident from SpaceKnow's cement production data, continues to drag on the construction industry. While cement manufacturing showed signs of recovery since June, current levels still lag behind those in 2021.</p><p>The fluctuating patterns of consumer behavior are also evident in mall activities. While the end of August witnessed a peak, there's been a subsequent slight decline. This could reflect changing consumer spending patterns or a seasonal adjustment at summer's end. Adding to this, Morning Consult's index indicates that while the consumer sentiment gains of the previous month were mostly retained in September, there was a slight dip.</p><p>For Alibaba, these indicators hold significant implications. As a behemoth in China's e-commerce space, Alibaba's fortunes are <strong>closely tied to consumer confidence</strong>. The positive trends in shopping mall activity suggest a favorable environment for retail giants. If these trends hold, Alibaba could witness a <strong>considerable boost</strong> in its e-commerce and retail sectors.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ee54e5bb5cdf5417f9eb23dd7ef7adb5\" alt=\"SpaceKnow\" title=\"SpaceKnow\" tg-width=\"640\" tg-height=\"340\"/><span>SpaceKnow</span></p><p>Further indicators of China's economic health come from broader economic metrics. The World Economics' Sales Growth Index and the Emerging Industries PMI suggest an economic momentum building up. Predictions from Goldman Sachs Group also align with this narrative, indicating a potential expansion in output for September. Larry Hu of <a href=\"https://laohu8.com/S/MQG.AU\">Macquarie</a> Group further reinforces the optimism, identifying three significant tailwinds supporting China's economic recovery: a recent shift in fiscal policy, stabilization in exports, and adjustments in property strategies.</p><p>However, the market isn't without its challenges. The lingering concerns over the property sector and the observed fluctuations in mall activity necessitate a strategic approach from Alibaba. The company must leverage positive economic indicators while staying agile to navigate potential market pitfalls.</p><p>Although slower at 3% to 5%, China's growth rate is expected to surge in areas that align with Beijing's priorities, such as technology and green transition industries. The ongoing US-China geopolitical tensions, especially US sanctions limiting China's access to vital technologies, are prompting Beijing to invest more in electric vehicles, semiconductor chips, and computers.</p><h2 id=\"id_1122644789\">Unpacking the Numbers for a Promising Upswing</h2><p>Mallari-D'Auria believes that while Alibaba's valuations might not reach their pre-crackdown highs, they can still experience significant growth if consumer spending and confidence increase.</p><p>In absolute valuation, several key indicators highlight a substantial undervaluation. The forward P/E non-GAAP ratio, compared to the 5-year historical average, reveals an undervaluation of around ~49%. Likewise, the forward enterprise value to sales ratio indicates an undervaluation of ~65% relative to the historical average over the same period.</p><p>Other essential metrics reinforce this trend: forward enterprise value to EBIT shows a significant undervaluation of ~62%, forward price to sales indicates a sizable undervaluation of ~63%, and forward price to book reflects an undervaluation of ~57%, all in comparison to the 5-year historical averages.</p><p>Conversely, when assessed in the context of relative valuation measures, the situation becomes more nuanced. The forward P/E Non-GAAP, Enterprise Value to EBIT, and Price to Book ratios indicate undervaluation of ~29%, ~19%, and ~40%, respectively, compared to the sector median. In contrast, other metrics employed earlier indicate overvaluation.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e125a6e23eda53fe0b369ccbaba92154\" alt=\"Author (seekingalpha.com)\" title=\"Author (seekingalpha.com)\" tg-width=\"869\" tg-height=\"468\"/><span>Author (seekingalpha.com)</span></p><h2 id=\"id_3505397590\">Contrarians: Key Hedge Funds Increased BABA Stakes</h2><p>In 2023, the overall trend of hedge funds holding positions in BABA remained relatively stable. Not surprisingly, in Q2 2023, some hedge funds reduced their exposure to Chinese companies based on weak trends in the economic recovery in China and elevated geopolitical tensions. Among these adversities, Alibaba is at the center of the tornado.</p><p>The number of hedge funds with <strong>over 5%</strong> of their portfolio stakes in Alibaba was reduced by 52% during the quarter. At the same time, the number of hedge funds with Alibaba among their top 50 positions was reduced by 17% during the same period.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b0449f2660971e0e5f1f05f1ceddcd3\" alt=\"whalewisdom.com\" title=\"whalewisdom.com\" tg-width=\"640\" tg-height=\"286\"/><span>whalewisdom.com</span></p><p>Despite strong fundamentals, Alibaba's market valuation has experienced a significant downtrend and hit historic lows during the last 12 months. Interestingly, a few funds are rapidly accumulating Alibaba against the trend. Although Appaloosa, Third Point, and Segantii Capital have different investment strategies, they have common rationales for investing in the stock, while others jump ship.</p><p>Appaloosa is known for its opportunistic investment approach, seeking undervalued assets and turning around distressed companies. It invested significantly in Alibaba, constituting 7% of its portfolio. Their average purchase price was $87.74 per share. In the second quarter of 2023, Appaloosa dramatically increased its shares by 4375.0%, equivalent to an addition of 4.38 million shares. They hold 4.48 million shares with a total valuation of $421 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53de88dfd22f45d528cd57b086b84fce\" alt=\"Appaloosa BABA trades (stockcircle.com)\" title=\"Appaloosa BABA trades (stockcircle.com)\" tg-width=\"1205\" tg-height=\"302\"/><span>Appaloosa BABA trades (stockcircle.com)</span></p><p>Third Point employs a value investing strategy, seeking companies with solid growth prospects and catalysts for positive change. Its portfolio allocation to Alibaba stands at around 4.0%. Their shares were procured at an average price of $93.21. In Q2 2023, Third Point significantly expanded its stake by 122.4%, corresponding to a gain of 1.62 million shares. Presently, they retain 2.95 million shares, amounting to a total holding value of $277 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f4928a6665eadedaf77dcb4ccb0ee872\" alt=\"Third Point BABA Trades (stockcircle.com)\" title=\"Third Point BABA Trades (stockcircle.com)\" tg-width=\"1206\" tg-height=\"302\"/><span>Third Point BABA Trades (stockcircle.com)</span></p><p>Segantii Capital is known for quantitative strategies incorporating data-driven analysis and market anomalies. Its investment portfolio features a substantial 9.3% allocation to Alibaba. Their initial purchase of shares was made at an average price of $92.46. In the second quarter of 2023, Segantii Capital notably increased its stake by 243.08%, adding 1.32 million shares. Their current holdings comprise 1.87 million shares, with a total valuation of $156 million.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3476042bc896e00ec66c5600e5f06eb3\" alt=\"Segantii Portfolio (hedgefollow.com)\" title=\"Segantii Portfolio (hedgefollow.com)\" tg-width=\"978\" tg-height=\"551\"/><span>Segantii Portfolio (hedgefollow.com)</span></p><p>During Q2 2023, Alibaba's stock hovered at a decade low and tested critical support near ~$75. Most importantly, Alibaba has entered a new accumulation phase during the quarter, serving as one of the ideal positions to build a long position. These funds' recent long positions drag their average buy price near the critical support level of ~$75, offering an optimum risk-reward ratio for these funds.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e7f7ee4760a77d15c0c858fc43c31b34\" alt=\"tradingview.com\" title=\"tradingview.com\" tg-width=\"640\" tg-height=\"277\"/><span>tradingview.com</span></p><h2 id=\"id_3365628084\">Takeaway</h2><p>China's stock market is navigating turbulent waters, influenced by many domestic and international factors, from a shaky property market to geopolitical upheavals. As a significant player in China's tech arena, Alibaba finds itself at the crossroads of these challenges, shaped by the broader macroeconomic environment and specific internal dynamics. Notwithstanding these complexities, recent signals from China's leadership bode well for a potentially more stable future.</p><p>Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.</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>Alibaba's Turning Point: Stimulus And Satellite Optimism</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's Turning Point: Stimulus And Satellite Optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-10-13 23:00 GMT+8 <a href=https://seekingalpha.com/article/4640169-alibaba-turning-point-stimulus-and-satellite-optimism><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid China's dynamic socio-economic changes, Alibaba stands at a significant crossroads, with foreign investor skepticism putting pressure on Chinese tech stocks.Anticipation builds as rumors suggest ...</p>\n\n<a href=\"https://seekingalpha.com/article/4640169-alibaba-turning-point-stimulus-and-satellite-optimism\">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","BK4565":"NFT概念","LU1267930227.SGD":"TEMPLETON GLOBAL BALANCED \"AS\" (SGD) ACC A","IE0008368742.USD":"首域中国增长基金I Acc","BK4554":"元宇宙及AR概念","LU1046422090.SGD":"Fidelity Pacific A-SGD","BK4588":"碎股","BK4531":"中概回港概念","IE00B0JY6N72.USD":"PINEBRIDGE GLOBAL EMERGING MARKETS FOCUS EQUITY \"A\" (USD) ACC","LU0310800965.SGD":"FTIF - Templeton Global Balanced A Acc SGD","LU1051768304.USD":"贝莱德新兴市场股票收益A6","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4075":"烟草","BK4575":"芯片概念","LU0128525689.USD":"TEMPLETON GLOBAL BALANCED \"A\"(USD) ACC","BK4558":"双十一","BK4509":"腾讯概念","SG9999002463.SGD":"LionGlobal China Growth SGD","BK4587":"ChatGPT概念","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4538":"云计算","BK4527":"明星科技股","BK4579":"人工智能","LU0880133367.SGD":"UBS (LUX) EQUITY FUND CHINA OPPORTUNITY USD \"P\" (SGD) ACC","LU0106959298.USD":"UBS (LUX) EQUITY FUND - EMERGING MARKETS SUSTAINABLE LEADERS (USD) \"P\" (USD) ACC","LU0251143458.SGD":"Fidelity Emerging Markets A-SGD","BK4526":"热门中概股","LU0067412154.USD":"UBS (LUX) EQUITY FUND - CHINA OPPORTUNITY \"P\" (USD) ACC","BK4503":"景林资产持仓","09988":"阿里巴巴-W","IE00BGV7N243.SGD":"FSSA Global Emerging Markets Focus I Acc SGD","BK4122":"互联网与直销零售","LU1688375341.USD":"贝莱德中国灵活股票基金","BK4551":"寇图资本持仓","BK4502":"阿里概念","LU1048596156.SGD":"Blackrock Asian Growth Leaders A2 SGD-H","LU0651946864.USD":"贝莱德新兴市场股票收益A2","BK4505":"高瓴资本持仓","LU0072913022.USD":"UBS (LUX) EQUITY FUND - GREATER CHINA \"P\" (USD) ACC","BK4581":"高盛持仓","LU1515016050.SGD":"Blackrock Emerging Markets Equity Income A6 SGD-H","LU0501845795.SGD":"瑞银大中华区股票基金P Acc SGD","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","LU0821914370.USD":"贝莱德亚洲成长领袖A2"},"source_url":"https://seekingalpha.com/article/4640169-alibaba-turning-point-stimulus-and-satellite-optimism","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2374164376","content_text":"Amid China's dynamic socio-economic changes, Alibaba stands at a significant crossroads, with foreign investor skepticism putting pressure on Chinese tech stocks.Anticipation builds as rumors suggest China's plan for a massive stimulus boost, aiming to rejuvenate infrastructure and potentially benefit giants like Alibaba.US-based SpaceKnow's satellite imagery showcases renewed consumer confidence in China, with bustling activity in shopping malls pointing toward potential economic revival.Despite overall market skepticism, contrarian hedge funds like Appaloosa and Third Point increased their stakes in Alibaba.NikadaInvestment ThesisAmid China's evolving socio-economic environment, tech behemoths like Alibaba Group Holding Limited (NYSE:BABA) find themselves at a crossroads. Foreign investors' growing \"Avoid China\" sentiment puts immense pressure on Chinese tech stocks.Although the Xi administration suggests that this crackdown has ended, the global investment community remains skeptical. The tech sector's perception is crucial for Alibaba, as it requires freedom to innovate and disrupt the economy. Prolonged investor skepticism continues to hamper Alibaba's growth, valuation, and global expansion efforts.The decade-low stock price is down to critical support levels, the encouraging satellite data, and China's upcoming massive stimulus boost puts Alibaba at an inflection point, reaffirming the strong buy rating for the next 2-3 years.Data by YChartsNavigating Challenges & Charting Alibaba's Path ForwardThe reasons for China's stock market decline are multifaceted. A combination of a distressed property market, President Xi's stringent Covid-19 lockdowns, and rising geopolitical tensions all waver investor confidence. These macroeconomic trends inevitably affect Alibaba's standing in the tech industry. Adding to the complexity are concerns about deflation and the impact of global oil price dynamics influenced by geopolitical events. Global shifts can tangentially affect Alibaba's operational costs and market positioning.A crucial step for China's leadership, particularly President Xi Jinping and Premier Li Qiang, is the rapid development of transparent and globally trusted capital markets. Such an environment would provide Alibaba with a more stable foundation for growth. Recent outreach efforts, such as those by the central bank Governor Pan Gongsheng, signal a more inclusive approach to foreign capital, potentially benefiting Alibaba.Reflecting on past financial crises, like the 1997 Asian financial meltdown, offers insights into China's current property market challenges. Such tumultuous periods can influence investor confidence and impact Alibaba's capital expansion strategies. The People's Bank of China (PBOC) is also pivotal, adjusting policies to stabilize the economy, which may indirectly influence Alibaba's business dynamics.Local government financial strategies, especially around the local government financing vehicles, present another layer of complexity. Mismanagement in this domain could ripple through China's financial ecosystem, affecting businesses like Alibaba. Given these extensive reforms and economic shifts, Beijing must prioritize transparent communication of its intentions and policies. For Alibaba, clarity on these fronts can guide its future growth strategies.China's Stimulus Whispers Boost Alibaba and Peers:Investors might find Alibaba's upward movements predictable and short-lived, as stocks have been making abrupt movements for months based on even the slightest hint of economic interventions by the government.Recent reports indicate that China plans to raise its 2023 budget deficit, specifically earmarking it for infrastructure development. The strategy is China's proactive approach to achieving its official economic growth targets. Bloomberg claimed that policymakers are considering the issue of at least 1 trillion yuan ($137 billion) in additional sovereign debt for expenditure on infrastructure projects like water conservation projects, pushing this year's budget deficit considerably above the 3% threshold established in March.Is This Speculated Stimulus a Game-Changer?It's a waiting game till an official statement emerges. However, the kind of stimulus hinted at by Bloomberg might be the required intervention. Investors are concerned by China's ideological hesitancy in deploying a consumption-centric stimulus to uplift the economy, considering President Xi Jinping's reservations towards a Western-style consumption-driven growth model.Redirecting the focus towards infrastructure spending might be China's alternative strategy for stimulating the economy, sidelining its reliance on consumption. This might be the spark of hope that these recent rumors of stimulus plans differ from the previous ones. However, this strategy is the ideal solution for companies like Alibaba and JD.com (JD), which thrive on consumer spending.bloomberg.comSatellite Images Reveal China's Economic PulseAs analyzed by US-based company SpaceKnow, satellite imagery paints an optimistic picture of China's economic landscape. September saw a consistent bustle around Chinese shopping malls, continuing the trend observed in August. This active engagement is a robust indicator of renewed consumer confidence and a potential resurgence in consumer spending.However, not all sectors are experiencing an uptick. The construction sector remains tentative despite the positive retail and shopping activity indicators. The prolonged property downturn, evident from SpaceKnow's cement production data, continues to drag on the construction industry. While cement manufacturing showed signs of recovery since June, current levels still lag behind those in 2021.The fluctuating patterns of consumer behavior are also evident in mall activities. While the end of August witnessed a peak, there's been a subsequent slight decline. This could reflect changing consumer spending patterns or a seasonal adjustment at summer's end. Adding to this, Morning Consult's index indicates that while the consumer sentiment gains of the previous month were mostly retained in September, there was a slight dip.For Alibaba, these indicators hold significant implications. As a behemoth in China's e-commerce space, Alibaba's fortunes are closely tied to consumer confidence. The positive trends in shopping mall activity suggest a favorable environment for retail giants. If these trends hold, Alibaba could witness a considerable boost in its e-commerce and retail sectors.SpaceKnowFurther indicators of China's economic health come from broader economic metrics. The World Economics' Sales Growth Index and the Emerging Industries PMI suggest an economic momentum building up. Predictions from Goldman Sachs Group also align with this narrative, indicating a potential expansion in output for September. Larry Hu of Macquarie Group further reinforces the optimism, identifying three significant tailwinds supporting China's economic recovery: a recent shift in fiscal policy, stabilization in exports, and adjustments in property strategies.However, the market isn't without its challenges. The lingering concerns over the property sector and the observed fluctuations in mall activity necessitate a strategic approach from Alibaba. The company must leverage positive economic indicators while staying agile to navigate potential market pitfalls.Although slower at 3% to 5%, China's growth rate is expected to surge in areas that align with Beijing's priorities, such as technology and green transition industries. The ongoing US-China geopolitical tensions, especially US sanctions limiting China's access to vital technologies, are prompting Beijing to invest more in electric vehicles, semiconductor chips, and computers.Unpacking the Numbers for a Promising UpswingMallari-D'Auria believes that while Alibaba's valuations might not reach their pre-crackdown highs, they can still experience significant growth if consumer spending and confidence increase.In absolute valuation, several key indicators highlight a substantial undervaluation. The forward P/E non-GAAP ratio, compared to the 5-year historical average, reveals an undervaluation of around ~49%. Likewise, the forward enterprise value to sales ratio indicates an undervaluation of ~65% relative to the historical average over the same period.Other essential metrics reinforce this trend: forward enterprise value to EBIT shows a significant undervaluation of ~62%, forward price to sales indicates a sizable undervaluation of ~63%, and forward price to book reflects an undervaluation of ~57%, all in comparison to the 5-year historical averages.Conversely, when assessed in the context of relative valuation measures, the situation becomes more nuanced. The forward P/E Non-GAAP, Enterprise Value to EBIT, and Price to Book ratios indicate undervaluation of ~29%, ~19%, and ~40%, respectively, compared to the sector median. In contrast, other metrics employed earlier indicate overvaluation.Author (seekingalpha.com)Contrarians: Key Hedge Funds Increased BABA StakesIn 2023, the overall trend of hedge funds holding positions in BABA remained relatively stable. Not surprisingly, in Q2 2023, some hedge funds reduced their exposure to Chinese companies based on weak trends in the economic recovery in China and elevated geopolitical tensions. Among these adversities, Alibaba is at the center of the tornado.The number of hedge funds with over 5% of their portfolio stakes in Alibaba was reduced by 52% during the quarter. At the same time, the number of hedge funds with Alibaba among their top 50 positions was reduced by 17% during the same period.whalewisdom.comDespite strong fundamentals, Alibaba's market valuation has experienced a significant downtrend and hit historic lows during the last 12 months. Interestingly, a few funds are rapidly accumulating Alibaba against the trend. Although Appaloosa, Third Point, and Segantii Capital have different investment strategies, they have common rationales for investing in the stock, while others jump ship.Appaloosa is known for its opportunistic investment approach, seeking undervalued assets and turning around distressed companies. It invested significantly in Alibaba, constituting 7% of its portfolio. Their average purchase price was $87.74 per share. In the second quarter of 2023, Appaloosa dramatically increased its shares by 4375.0%, equivalent to an addition of 4.38 million shares. They hold 4.48 million shares with a total valuation of $421 million.Appaloosa BABA trades (stockcircle.com)Third Point employs a value investing strategy, seeking companies with solid growth prospects and catalysts for positive change. Its portfolio allocation to Alibaba stands at around 4.0%. Their shares were procured at an average price of $93.21. In Q2 2023, Third Point significantly expanded its stake by 122.4%, corresponding to a gain of 1.62 million shares. Presently, they retain 2.95 million shares, amounting to a total holding value of $277 million.Third Point BABA Trades (stockcircle.com)Segantii Capital is known for quantitative strategies incorporating data-driven analysis and market anomalies. Its investment portfolio features a substantial 9.3% allocation to Alibaba. Their initial purchase of shares was made at an average price of $92.46. In the second quarter of 2023, Segantii Capital notably increased its stake by 243.08%, adding 1.32 million shares. Their current holdings comprise 1.87 million shares, with a total valuation of $156 million.Segantii Portfolio (hedgefollow.com)During Q2 2023, Alibaba's stock hovered at a decade low and tested critical support near ~$75. Most importantly, Alibaba has entered a new accumulation phase during the quarter, serving as one of the ideal positions to build a long position. These funds' recent long positions drag their average buy price near the critical support level of ~$75, offering an optimum risk-reward ratio for these funds.tradingview.comTakeawayChina's stock market is navigating turbulent waters, influenced by many domestic and international factors, from a shaky property market to geopolitical upheavals. As a significant player in China's tech arena, Alibaba finds itself at the crossroads of these challenges, shaped by the broader macroeconomic environment and specific internal dynamics. Notwithstanding these complexities, recent signals from China's leadership bode well for a potentially more stable future.Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222008556478600,"gmtCreate":1695228609390,"gmtModify":1695229170805,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222008556478600","repostId":"1108135933","repostType":2,"repost":{"id":"1108135933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1695225708,"share":"https://ttm.financial/m/news/1108135933?lang=&edition=fundamental","pubTime":"2023-09-21 00:01","market":"us","language":"en","title":"Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108135933","media":"Tiger Newspress","summary":"Marketing firm Klaviyo open on flat on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in t","content":"<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</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>Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarketing Firm Klaviyo Spikes 23% on Its First Day of Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-21 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVYO":"Klaviyo, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108135933","content_text":"Marketing firm Klaviyo spiked 23% on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222009203953904,"gmtCreate":1695228657488,"gmtModify":1695228659952,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$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":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222009203953904","repostId":"1108135933","repostType":2,"repost":{"id":"1108135933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1695225708,"share":"https://ttm.financial/m/news/1108135933?lang=&edition=fundamental","pubTime":"2023-09-21 00:01","market":"us","language":"en","title":"Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108135933","media":"Tiger Newspress","summary":"Marketing firm Klaviyo open on flat on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in t","content":"<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</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>Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarketing Firm Klaviyo Spikes 23% on Its First Day of Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-21 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVYO":"Klaviyo, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108135933","content_text":"Marketing firm Klaviyo spiked 23% on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221579312345160,"gmtCreate":1695133296612,"gmtModify":1695133364771,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$ </a>","text":"$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/221579312345160","isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":221933294501984,"gmtCreate":1695210227160,"gmtModify":1695216579182,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt </a>TigerGPT,your new investing superpower <a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more </a>","listText":"<a href=\"https://ttm.financial/U/4141429963588842/\">@TigerGpt </a>TigerGPT,your new investing superpower <a href=\"https://www.tigerbrokers.com.sg/activity/market/2023/tigerGPT-promotion\">Click to learn more </a>","text":"@TigerGpt TigerGPT,your new investing superpower Click to learn more","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/221933294501984","isVote":1,"tweetType":1,"viewCount":14,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4141429963588842","authorId":"4141429963588842","name":"TigerGPT","avatar":"https://community-static.tradeup.com/news/5b82af1deb17dfa8f94b4741b9ea2738","crmLevel":1,"crmLevelSwitch":0,"idStr":"4141429963588842","authorIdStr":"4141429963588842"},"content":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","text":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question.","html":"Hi, your question is empty, please @TigerGPT in your post or reply to this comment and enter your question."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":222008459743368,"gmtCreate":1695228585773,"gmtModify":1695229170558,"author":{"id":"4158235942941262","authorId":"4158235942941262","name":"hem1","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4158235942941262","authorIdStr":"4158235942941262"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/222008459743368","repostId":"1108135933","repostType":2,"repost":{"id":"1108135933","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1695225708,"share":"https://ttm.financial/m/news/1108135933?lang=&edition=fundamental","pubTime":"2023-09-21 00:01","market":"us","language":"en","title":"Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1108135933","media":"Tiger Newspress","summary":"Marketing firm Klaviyo open on flat on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in t","content":"<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</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>Marketing Firm Klaviyo Spikes 23% on Its First Day of Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarketing Firm Klaviyo Spikes 23% on Its First Day of Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2023-09-21 00:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Marketing firm Klaviyo spiked 23% on its first day of trading.</p><p>Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.</p><p style=\"text-align: start;\">Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.</p><p style=\"text-align: start;\">The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.</p><p>Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.</p><p style=\"text-align: start;\">Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.</p><p style=\"text-align: start;\">The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.</p><p style=\"text-align: start;\">Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.</p><p style=\"text-align: start;\">The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KVYO":"Klaviyo, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108135933","content_text":"Marketing firm Klaviyo spiked 23% on its first day of trading.Marketing and data automation provider Klaviyo Inc. priced its initial public offering above a marketed range to raise $576 million in the third major US listing in a week.Klaviyo and a group of its current investors sold 19.2 million shares Tuesday for $30 each, after marketing them for $27 to $29 each. At the IPO price, the Boston-based company has a fully diluted value of about $9 billion.The share sale comes on the heels of Tuesday’s trading debut by online grocery delivery company Instacart, whose shares rose 12% after its $660 million IPO. Both companies are following in the wake of SoftBank Group Corp.-owned semiconductor designer Arm Holdings Plc, which lodged the year’s biggest US IPO at $5.23 billion and then rose 25% Thursday in its trading debut.Like Arm and Instacart, Klaviyo signed up cornerstone investors. BlackRock Inc. and AllianceBernstein LP expressed interest in buying as much as $100 million of the IPO shares in aggregate, according to Klaviyo’s filings with the US Securities and Exchange Commission.Klaviyo had net income of about $15 million on revenue of $321 million for the first six months of the year, compared with a loss of $25 million on revenue of $208 million for the same period last year, according to the filing.The company’s investors include growth equity firm Summit Partners, e-commerce platform Shopify Inc. and venture firms Accomplice and Accel. Summit is selling 4.9 million shares in the IPO, while Accomplice is selling almost 1.8 million.Klaviyo’s largest shareholder will remain co-founder and Chief Executive Officer Andrew Bialecki, who will control 39% of the voting power, followed by Summit with 21%, according to the filings.The offering is being led by Goldman Sachs Group Inc., Morgan Stanley and Citigroup Inc. Klaviyo’s shares are expected to begin trading Wednesday on the New York Stock Exchange under the symbol KVYO.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}