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- tionglimtionglim
  ·2022-12-09
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  Alibaba: International Expansion And Domestic Success
  SummaryAlibaba's stock decline over the past two years makes it an inexpensive growth stock.Strong c
  Alibaba: International Expansion And Domestic Success
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- tionglimtionglim
  ·2022-11-28
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  Meta Materials Inc. Board of Directors Approves Planned Completion of the Spin-Off of Next Bridge Hydrocarbons Inc
  HALIFAX, NS / ACCESSWIRE / November 23, 2022 / Meta Materials Inc. (the "Company" or "META®") (NASDA
  Meta Materials Inc. Board of Directors Approves Planned Completion of the Spin-Off of Next Bridge Hydrocarbons Inc
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- tionglimtionglim
  ·2022-11-27
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  Microsoft’s Activision Deal Hangs on Long-Shot FTC Accord Team Biden Hates
  Microsoft Corp.’s best chance to win approval for its $69 billion Activision Blizzard Inc. deal from
  Microsoft’s Activision Deal Hangs on Long-Shot FTC Accord Team Biden Hates
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- tionglimtionglim
  ·2022-11-19
  Ok
  Sea Limited: Profitability May Be Around The Corner
  SummaryFurther uncertainty for Sea Limited's Garena as its QAU did not stabilize as expected. New ga
  Sea Limited: Profitability May Be Around The Corner
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- tionglimtionglim
  ·2022-11-18
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  Applied Materials Forecasts Strong Q1 Revenue on Easing Supply Chain Woes
  Chip tools maker Applied Materials Inc forecast first-quarter revenue above market estimates on Thur
  Applied Materials Forecasts Strong Q1 Revenue on Easing Supply Chain Woes
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- tionglimtionglim
  ·2022-11-17
  Ok
  Why Nio Shares Plunged 8.5% on Wednesday?
  Nio expected a sharp increase in production and deliveries in the fourth quarter, but there are signs that plan could falter.
  Why Nio Shares Plunged 8.5% on Wednesday?
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- tionglimtionglim
  ·2022-11-13
  $AMD(AMD)$
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- tionglimtionglim
  ·2022-11-02
  $Meta Materials Inc.(MMAT)$
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- tionglimtionglim
  ·2021-09-08
  $Nano Dimension(NNDM)$holding
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- tionglimtionglim
  ·2021-09-03
  $Meta Materials Inc.(MMAT)$hope to see green soon
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23:31","market":"us","language":"en","title":"Alibaba: International Expansion And Domestic Success","url":"https://stock-news.laohu8.com/highlight/detail?id=1180654040","media":"Seeking Alpha","summary":"SummaryAlibaba's stock decline over the past two years makes it an inexpensive growth stock.Strong c","content":"<html><head></head><body><h3>Summary</h3><ul><li>Alibaba&#39;s stock decline over the past two years makes it an inexpensive growth stock.</li><li>Strong cash position with 70% of FY22 cash repurchasing 63 million shares.</li><li>Compelling base of growth businesses outside of e-commerce, including cloud computing, digital marketing, and media.</li><li>Over 1.3 billion active annual customers, with 75% domestically in China and 25% global.</li></ul><h3>Investment Thesis</h3><p><a href=\"https://laohu8.com/S/BABA\">Alibaba Group</a> is a Chinese multinational firm specializing in e-commerce solutions but has since branched out into software as a service (SaaS), logistics, and media.</p><p>Despite some macro headwinds and the extreme zero Covid policy in China that created stagnate traffic, overall revenue increased by 22% year over year in FY22. This was primarily driven by geographic expansion into rural areas of China and an increase in the order size per customer.</p><p>Cognizant of the geopolitical risks, we believe that Alibaba is a good speculative growth investment given the combination of low valuation, high growth and high risk. Alibaba has a tight grip on the domestic Chinese market, with 903 million active retail customers annually. Moreover, with the growing demand for cloud solutions and domestic logistics, Alibaba still has room to expand its market domestically and internationally. Should they capitalize on this, they could become a global powerhouse across e-commerce and logistics operations.</p><p>EFV= E2023 EPS times P/E (Price / Earnings Ratio)</p><p>EFV = $7.00 X 16.0 = $112.00</p><h3><img src=\"https://static.tigerbbs.com/2072d1c6e6a2af82aa18979e87368719\" tg-width=\"636\" tg-height=\"147\" referrerpolicy=\"no-referrer\"/>Domestic and International Commerce</h3><p>COVID-19 restrictions in China are ongoing and incredibly strict. This has caused stagnant domestic revenue year over year and a decrease in customer engagement by 7%. However, consumer services including mapping and integrated commerce (Amap/Koubei), travel (Fliggy), and food delivery (Ele.me), had much stronger growth, with 21% year-over-year revenue growth. This was primarily driven by stricter lockdowns which caused much higher average order value per customer.</p><p>In FY22, Alibaba had 903 million active annual retail customers (AACs) across its various businesses. Alibaba had 98% retention of customers who spent at least $1,500 USD in FY21. These high-spending customers represent about 15% of AACs. With the addition of a more robust logistics network with Cainiao discussed below, 70% of new active annual customers were from less developed areas of China. More than 50% of Taocaicai, a direct-from-producer grocery and consumer staples provider were first-time buyers. Taobao, a hybrid of Etsy and eBay, had a 100% year-over-year increase in orders.</p><p>Cainiao is a primarily domestic, but expanding international, logistics and supply chain firm that offers delivery solutions. Year over year it had an increase of 36% in revenue (26%, excluding internal Alibaba transfers), equally driven by lockdowns forcing more domestic businesses to use e-commerce and virtual fulfillment solutions. International expansion has been ongoing. On average, 4.5 million parcels per day were moved internationally through the 9 parcel hubs globally. This figure is down approximately 500,000 from FY21, likely driven by a portion of the international air cargo fleet being Russian-registered and operated.</p><p>International e-commerce saw a 3% year-over-year increase in orders. Trendyol primarily drove this, a Turkish platform, 90% owned by Alibaba. In international wholesale markets, Alibaba had a 6% year-over-year increase in orders. In FY22, this amounted to 305 million annual active customers.</p><h3><img src=\"https://static.tigerbbs.com/affb544001bfbd48ea9102faf53551d3\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"/>Alibaba Cloud and Digital Media</h3><p>Alibaba cloud operates as an infrastructure as a service (IaaS)/software as a service (SaaS) hybrid business, providing private and public cloud services to businesses. While this has seen some softening of demand, it still had a 4% year-over-year growth. In addition, while globally AWS and Azure still dominate, Chinese firms expressed a 70% preference for Chinese-owned providers.</p><p>Chinese internet infrastructure for companies is still largely dominated by traditional internal server architecture, with the SaaS market remaining tiny at just $5.2 billion. For reference, the US market for SaaS is over $120 billion. The total addressable market for cloud service providers is expected to grow to $30 to $70 billion by 2025 with public cloud accounting for 45% of this addressable market, and 55% being private cloud.</p><p>Alibaba operates a growing digital media operation, encompassing production operation Alibaba Pictures and video streaming service Youku. Combined these segments saw a 4% revenue growth.</p><h3>Final Thoughts</h3><p>In FY22, Alibaba reached the long-term strategic goal to serve 1 billion consumers in China and raised its goal to facilitate RMB10 trillion of annual consumption in China ($1.4 Trillion USD). In FY22 it facilitated RMB8 trillion ($1.3 Trillion USD). While geopolitical risk is always something to keep in mind, Alibaba is a dominant force in domestic Chinese retail and logistics.</p><p><img src=\"https://static.tigerbbs.com/3ec9432966ea3f24e114ffda4706168f\" tg-width=\"640\" tg-height=\"364\" referrerpolicy=\"no-referrer\"/>Alibaba still has room to expand its market domestically and internationally, especially within the logistics and cloud spaces.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba: International Expansion And Domestic Success</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: International Expansion And Domestic Success\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-09 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4563431-alibaba-stock-international-expansion-domestic-success><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryAlibaba's stock decline over the past two years makes it an inexpensive growth stock.Strong cash position with 70% of FY22 cash repurchasing 63 million shares.Compelling base of growth ...</p>\n\n<a href=\"https://seekingalpha.com/article/4563431-alibaba-stock-international-expansion-domestic-success\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4563431-alibaba-stock-international-expansion-domestic-success","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180654040","content_text":"SummaryAlibaba's stock decline over the past two years makes it an inexpensive growth stock.Strong cash position with 70% of FY22 cash repurchasing 63 million shares.Compelling base of growth businesses outside of e-commerce, including cloud computing, digital marketing, and media.Over 1.3 billion active annual customers, with 75% domestically in China and 25% global.Investment ThesisAlibaba Group is a Chinese multinational firm specializing in e-commerce solutions but has since branched out into software as a service (SaaS), logistics, and media.Despite some macro headwinds and the extreme zero Covid policy in China that created stagnate traffic, overall revenue increased by 22% year over year in FY22. This was primarily driven by geographic expansion into rural areas of China and an increase in the order size per customer.Cognizant of the geopolitical risks, we believe that Alibaba is a good speculative growth investment given the combination of low valuation, high growth and high risk. Alibaba has a tight grip on the domestic Chinese market, with 903 million active retail customers annually. Moreover, with the growing demand for cloud solutions and domestic logistics, Alibaba still has room to expand its market domestically and internationally. Should they capitalize on this, they could become a global powerhouse across e-commerce and logistics operations.EFV= E2023 EPS times P/E (Price / Earnings Ratio)EFV = $7.00 X 16.0 = $112.00Domestic and International CommerceCOVID-19 restrictions in China are ongoing and incredibly strict. This has caused stagnant domestic revenue year over year and a decrease in customer engagement by 7%. However, consumer services including mapping and integrated commerce (Amap/Koubei), travel (Fliggy), and food delivery (Ele.me), had much stronger growth, with 21% year-over-year revenue growth. This was primarily driven by stricter lockdowns which caused much higher average order value per customer.In FY22, Alibaba had 903 million active annual retail customers (AACs) across its various businesses. Alibaba had 98% retention of customers who spent at least $1,500 USD in FY21. These high-spending customers represent about 15% of AACs. With the addition of a more robust logistics network with Cainiao discussed below, 70% of new active annual customers were from less developed areas of China. More than 50% of Taocaicai, a direct-from-producer grocery and consumer staples provider were first-time buyers. Taobao, a hybrid of Etsy and eBay, had a 100% year-over-year increase in orders.Cainiao is a primarily domestic, but expanding international, logistics and supply chain firm that offers delivery solutions. Year over year it had an increase of 36% in revenue (26%, excluding internal Alibaba transfers), equally driven by lockdowns forcing more domestic businesses to use e-commerce and virtual fulfillment solutions. International expansion has been ongoing. On average, 4.5 million parcels per day were moved internationally through the 9 parcel hubs globally. This figure is down approximately 500,000 from FY21, likely driven by a portion of the international air cargo fleet being Russian-registered and operated.International e-commerce saw a 3% year-over-year increase in orders. Trendyol primarily drove this, a Turkish platform, 90% owned by Alibaba. In international wholesale markets, Alibaba had a 6% year-over-year increase in orders. In FY22, this amounted to 305 million annual active customers.Alibaba Cloud and Digital MediaAlibaba cloud operates as an infrastructure as a service (IaaS)/software as a service (SaaS) hybrid business, providing private and public cloud services to businesses. While this has seen some softening of demand, it still had a 4% year-over-year growth. In addition, while globally AWS and Azure still dominate, Chinese firms expressed a 70% preference for Chinese-owned providers.Chinese internet infrastructure for companies is still largely dominated by traditional internal server architecture, with the SaaS market remaining tiny at just $5.2 billion. For reference, the US market for SaaS is over $120 billion. The total addressable market for cloud service providers is expected to grow to $30 to $70 billion by 2025 with public cloud accounting for 45% of this addressable market, and 55% being private cloud.Alibaba operates a growing digital media operation, encompassing production operation Alibaba Pictures and video streaming service Youku. Combined these segments saw a 4% revenue growth.Final ThoughtsIn FY22, Alibaba reached the long-term strategic goal to serve 1 billion consumers in China and raised its goal to facilitate RMB10 trillion of annual consumption in China ($1.4 Trillion USD). In FY22 it facilitated RMB8 trillion ($1.3 Trillion USD). While geopolitical risk is always something to keep in mind, Alibaba is a dominant force in domestic Chinese retail and logistics.Alibaba still has room to expand its market domestically and internationally, especially within the logistics and cloud spaces.","news_type":1},"isVote":1,"tweetType":1,"viewCount":512,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966404130,"gmtCreate":1669602918620,"gmtModify":1676538212108,"author":{"id":"3562361215333748","authorId":"3562361215333748","name":"tionglim","avatar":"https://static.tigerbbs.com/d488f4ff48c280ec624f30e1178e347d","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562361215333748","authorIdStr":"3562361215333748"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966404130","repostId":"2285382497","repostType":4,"repost":{"id":"2285382497","pubTimestamp":1669594058,"share":"https://ttm.financial/m/news/2285382497?lang=&edition=fundamental","pubTime":"2022-11-28 08:07","market":"us","language":"en","title":"Meta Materials Inc. Board of Directors Approves Planned Completion of the Spin-Off of Next Bridge Hydrocarbons Inc","url":"https://stock-news.laohu8.com/highlight/detail?id=2285382497","media":"ACCESSWIRE","summary":"HALIFAX, NS / ACCESSWIRE / November 23, 2022 / Meta Materials Inc. (the \"Company\" or \"META®\") (NASDA","content":"<html><head></head><body><p><b>HALIFAX, NS / ACCESSWIRE / November 23, 2022 /</b> <a href=\"https://laohu8.com/S/MMAT\">Meta Materials Inc.</a> (the &#34;Company&#34; or &#34;META®&#34;) (NASDAQ:MMAT, FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that its board of directors has approved the distribution to the holders of META&#39;s Series A Non-Voting Preferred Stock (&#34;Series A Preferred Stock&#34; which is currently traded over-the-counter, or OTC, under the symbol MMTLP) of 100% of the common stock of META&#39;s wholly owned subsidiary, Next Bridge Hydrocarbons, Inc. (&#34;Next Bridge&#34;) in accordance with the Distribution Agreement between META and Next Bridge. Upon completion of the distribution, Next Bridge will be an independent public reporting company, but the Next Bridge common stock is not and will not be publicly traded and will not be eligible for electronic transfer through the Depository Trust Company book-entry system or any other established clearing corporation.</p><p>Subject to certain conditions, including, among others, completion of all necessary actions and filings with regard to applicable state securities or &#34;blue sky&#34; laws and final FINRA approval, for which there can be no assurances that such approval will be given, each holder of Series A Preferred Stock as of 4 p.m. ET on December 12, 2022, (the record date for the distribution), will be entitled to receive one share of Next Bridge common stock for every one share of Series A Preferred Stock held as of the record date. The shares of Next Bridge common stock will be distributed on December 14, 2022 after the close of the trading markets, at which time (i) all of the shares of Series A Preferred Stock will be automatically cancelled, (ii) the holders of such Series A Preferred Stock will cease to have any rights with respect to such shares and (iii) the shares of Series A Preferred Stock, MMTLP, will no longer be tradable on the OTC market.</p><p>Holders of Series A Preferred Stock are not required to take any action in connection with the distribution and are not required to make payment or surrender/exchange their shares of Series A Preferred Stock in order to receive shares of Next Bridge common stock. The shares of Next Bridge common stock will be issued to the accounts of each holder of Series A Preferred Stock as follows:</p><ul><li><i><b><u>Registered stockholders</u></b></i>. If the shares of Series A Preferred Stock are owned directly through META&#39;s transfer agent, American Stock Transfer &amp; Trust Company LLC (&#34;AST&#34;), such holder is a registered stockholder. In this case, the distribution agent, which is also AST, will credit the whole number of shares of Next Bridge common stock to be received in the distribution by such record stockholder by directly registering such shares in book-entry form in a new AST account in the name of such record stockholder. Registration in book-entry form refers to a method of recording share ownership where no physical stock certificates are issued to stockholders, as is the case in the distribution. Registered stockholders will be able to access information regarding their book-entry account holding Next Bridge common stock at the transfer agent. Commencing on or shortly after the distribution date, the transfer agent will mail an account statement to each registered stockholder that indicates the number of whole shares of Next Bridge common stock that have been registered in book-entry form in their name.</li><li><i><b><u>&#34;Street name&#34; or beneficial stockholders</u></b></i>. Most META stockholders own their shares of Series A Preferred Stock beneficially through a bank, broker or other nominee. In these cases, the bank, broker or other nominee holds the shares in &#34;street name&#34; and records such ownership on its books. If a holder owns shares of the Series A Preferred Stock through a bank, broker or other nominee, the bank, broker or other nominee will credit the holder&#39;s account with the whole shares of Next Bridge common stock received in the distribution on or shortly after the distribution date; however, shares of Next Bridge common stock will not be eligible for electronic trading through DTC or any other established clearing corporation. Therefore, META encourages these holders to contact their bank, broker or other nominee to instruct such bank, broker or other nominee to transfer the shares of Series A Preferred Stock to META&#39;s transfer agent on or prior to the record date such that each such holder of Series A Preferred Stock is then the registered holder of the distributed shares of Next Bridge common stock in book-entry form in a new account with META&#39;s transfer agent.</li></ul><p>Holders of Series A Preferred Stock who sell their shares on or before the record date will not be entitled to receive the shares of Next Bridge common stock in the distribution in respect of such shares of Series A Preferred Stock sold. Holders of Series A Preferred Stock who sell their shares after the record date but <i>before</i> the distribution date will be required to transfer the shares of Next Bridge common stock received in the distribution to the subsequent purchaser of Series A Preferred Stock.</p><p>A registration statement on Form S-1 relating to the shares subject to the distribution has been filed with the Securities and Exchange Commission and became effective on November 18, 2022. The registration statement and any subsequent filings (including the final prospectus) will be available for free on the SEC&#39;s website at http://www.sec.gov. Holders of the Series A Preferred Stock are urged to consult with their tax advisors with respect to the U.S. federal, state and local or foreign tax consequences, as applicable, of the distribution of Next Bridge common stock. For additional information regarding the distribution, the tax impacts, and the manner in which holders of Series A Preferred Stock may receive shares of Next Bridge common stock, please refer to the registration statement and any subsequent filings (including the final prospectus) filed with the SEC relating to the registration statement.</p><p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p><p><b>Advisors</b></p><p>Wilson Sonsini Goodrich &amp; Rosati is serving as legal advisor to META, and O&#39;Melveny &amp; Myers LLP is serving as legal advisor to Next Bridge in connection with the distribution.</p><p><b>About Meta Materials Inc.</b></p><p>META® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, high-performance, functional materials. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Our nano-optic metamaterial technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Learn more at www.metamaterial.com.</p><p><b>Cautionary Statements</b></p><p>Certain statements contained in this communication may constitute &#34;forward-looking statements&#34; within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding final FINRA approval, the expected timing of the completion of the spin-off transaction, the benefits of the spin-off transaction to either META® or Next Bridge and other events and statements that are not historical facts and are subject to significant risks and uncertainties. There can be no assurance that the proposed transaction or other future events will occur as anticipated, if at all, or that actual results will be as expected. Actual future events or results may differ materially from these statements. Such differences may result from a number of factors, including but not limited to: the timing and completion of the proposed transaction; a failure to obtain necessary regulatory approvals; a failure to obtain assurances of anticipated tax treatment; or a deterioration in the business or prospects of META® or Next Bridge.</p></body></html>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Materials Inc. Board of Directors Approves Planned Completion of the Spin-Off of Next Bridge Hydrocarbons Inc</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\">\nMeta Materials Inc. Board of Directors Approves Planned Completion of the Spin-Off of Next Bridge Hydrocarbons Inc\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 08:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/meta-materials-inc-board-directors-210500449.html><strong>ACCESSWIRE</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>HALIFAX, NS / ACCESSWIRE / November 23, 2022 / Meta Materials Inc. (the \"Company\" or \"META®\") (NASDAQ:MMAT, FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today ...</p>\n\n<a href=\"https://finance.yahoo.com/news/meta-materials-inc-board-directors-210500449.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMTLP":"Meta Materials Inc. Class A Preferred Stock"},"source_url":"https://finance.yahoo.com/news/meta-materials-inc-board-directors-210500449.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2285382497","content_text":"HALIFAX, NS / ACCESSWIRE / November 23, 2022 / Meta Materials Inc. (the \"Company\" or \"META®\") (NASDAQ:MMAT, FSE:MMAT), a developer of high-performance functional materials and nanocomposites, today announced that its board of directors has approved the distribution to the holders of META's Series A Non-Voting Preferred Stock (\"Series A Preferred Stock\" which is currently traded over-the-counter, or OTC, under the symbol MMTLP) of 100% of the common stock of META's wholly owned subsidiary, Next Bridge Hydrocarbons, Inc. (\"Next Bridge\") in accordance with the Distribution Agreement between META and Next Bridge. Upon completion of the distribution, Next Bridge will be an independent public reporting company, but the Next Bridge common stock is not and will not be publicly traded and will not be eligible for electronic transfer through the Depository Trust Company book-entry system or any other established clearing corporation.Subject to certain conditions, including, among others, completion of all necessary actions and filings with regard to applicable state securities or \"blue sky\" laws and final FINRA approval, for which there can be no assurances that such approval will be given, each holder of Series A Preferred Stock as of 4 p.m. ET on December 12, 2022, (the record date for the distribution), will be entitled to receive one share of Next Bridge common stock for every one share of Series A Preferred Stock held as of the record date. The shares of Next Bridge common stock will be distributed on December 14, 2022 after the close of the trading markets, at which time (i) all of the shares of Series A Preferred Stock will be automatically cancelled, (ii) the holders of such Series A Preferred Stock will cease to have any rights with respect to such shares and (iii) the shares of Series A Preferred Stock, MMTLP, will no longer be tradable on the OTC market.Holders of Series A Preferred Stock are not required to take any action in connection with the distribution and are not required to make payment or surrender/exchange their shares of Series A Preferred Stock in order to receive shares of Next Bridge common stock. The shares of Next Bridge common stock will be issued to the accounts of each holder of Series A Preferred Stock as follows:Registered stockholders. If the shares of Series A Preferred Stock are owned directly through META's transfer agent, American Stock Transfer & Trust Company LLC (\"AST\"), such holder is a registered stockholder. In this case, the distribution agent, which is also AST, will credit the whole number of shares of Next Bridge common stock to be received in the distribution by such record stockholder by directly registering such shares in book-entry form in a new AST account in the name of such record stockholder. Registration in book-entry form refers to a method of recording share ownership where no physical stock certificates are issued to stockholders, as is the case in the distribution. Registered stockholders will be able to access information regarding their book-entry account holding Next Bridge common stock at the transfer agent. Commencing on or shortly after the distribution date, the transfer agent will mail an account statement to each registered stockholder that indicates the number of whole shares of Next Bridge common stock that have been registered in book-entry form in their name.\"Street name\" or beneficial stockholders. Most META stockholders own their shares of Series A Preferred Stock beneficially through a bank, broker or other nominee. In these cases, the bank, broker or other nominee holds the shares in \"street name\" and records such ownership on its books. If a holder owns shares of the Series A Preferred Stock through a bank, broker or other nominee, the bank, broker or other nominee will credit the holder's account with the whole shares of Next Bridge common stock received in the distribution on or shortly after the distribution date; however, shares of Next Bridge common stock will not be eligible for electronic trading through DTC or any other established clearing corporation. Therefore, META encourages these holders to contact their bank, broker or other nominee to instruct such bank, broker or other nominee to transfer the shares of Series A Preferred Stock to META's transfer agent on or prior to the record date such that each such holder of Series A Preferred Stock is then the registered holder of the distributed shares of Next Bridge common stock in book-entry form in a new account with META's transfer agent.Holders of Series A Preferred Stock who sell their shares on or before the record date will not be entitled to receive the shares of Next Bridge common stock in the distribution in respect of such shares of Series A Preferred Stock sold. Holders of Series A Preferred Stock who sell their shares after the record date but before the distribution date will be required to transfer the shares of Next Bridge common stock received in the distribution to the subsequent purchaser of Series A Preferred Stock.A registration statement on Form S-1 relating to the shares subject to the distribution has been filed with the Securities and Exchange Commission and became effective on November 18, 2022. The registration statement and any subsequent filings (including the final prospectus) will be available for free on the SEC's website at http://www.sec.gov. Holders of the Series A Preferred Stock are urged to consult with their tax advisors with respect to the U.S. federal, state and local or foreign tax consequences, as applicable, of the distribution of Next Bridge common stock. For additional information regarding the distribution, the tax impacts, and the manner in which holders of Series A Preferred Stock may receive shares of Next Bridge common stock, please refer to the registration statement and any subsequent filings (including the final prospectus) filed with the SEC relating to the registration statement.This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.AdvisorsWilson Sonsini Goodrich & Rosati is serving as legal advisor to META, and O'Melveny & Myers LLP is serving as legal advisor to Next Bridge in connection with the distribution.About Meta Materials Inc.META® delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, high-performance, functional materials. Our extensive technology platform enables leading global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Our nano-optic metamaterial technology provides anti-counterfeiting security features for government documents and currencies and authentication for brands. Our achievements have been widely recognized, including being named a Lux Research Innovator of the Year in 2021. Learn more at www.metamaterial.com.Cautionary StatementsCertain statements contained in this communication may constitute \"forward-looking statements\" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements regarding final FINRA approval, the expected timing of the completion of the spin-off transaction, the benefits of the spin-off transaction to either META® or Next Bridge and other events and statements that are not historical facts and are subject to significant risks and uncertainties. There can be no assurance that the proposed transaction or other future events will occur as anticipated, if at all, or that actual results will be as expected. Actual future events or results may differ materially from these statements. Such differences may result from a number of factors, including but not limited to: the timing and completion of the proposed transaction; a failure to obtain necessary regulatory approvals; a failure to obtain assurances of anticipated tax treatment; or a deterioration in the business or prospects of META® or Next Bridge.","news_type":1},"isVote":1,"tweetType":1,"viewCount":654,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966293413,"gmtCreate":1669539961633,"gmtModify":1676538206019,"author":{"id":"3562361215333748","authorId":"3562361215333748","name":"tionglim","avatar":"https://static.tigerbbs.com/d488f4ff48c280ec624f30e1178e347d","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562361215333748","authorIdStr":"3562361215333748"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966293413","repostId":"2286461223","repostType":4,"repost":{"id":"2286461223","pubTimestamp":1669422979,"share":"https://ttm.financial/m/news/2286461223?lang=&edition=fundamental","pubTime":"2022-11-26 08:36","market":"us","language":"en","title":"Microsoft’s Activision Deal Hangs on Long-Shot FTC Accord Team Biden Hates","url":"https://stock-news.laohu8.com/highlight/detail?id=2286461223","media":"Bloomberg","summary":"Microsoft Corp.’s best chance to win approval for its $69 billion Activision Blizzard Inc. deal from","content":"<html><head></head><body><p>Microsoft Corp.’s best chance to win approval for its $69 billion Activision Blizzard Inc. deal from US regulators is to persuade the Biden administration to accept a settlement in which the Xbox maker pledges it won’t withhold its popular titles from rivals.</p><p>That’s a very long shot given Biden’s antitrust enforcers aren’t fond of such agreements -- especially after this month’s Ticketmaster blowup put the spotlight back on a failed 2010 Justice Department settlement with <a href=\"https://laohu8.com/S/LYV\">Live Nation Entertainment</a> Inc.</p><p>Antitrust officials in the UK and Australia have raised concerns the takeover would give Microsoft an overwhelming advantage in cloud gaming, a nascent industry. That’s an area of particular sensitivity for Federal Trade Commission Chair Lina Khan, who earlier this year sued to block <a href=\"https://laohu8.com/S/META\">Meta Platforms</a> Inc. from acquiring a popular fitness app to gain an edge in the fledgling virtual reality market.</p><p>Although Khan hasn’t commented specifically on the Activision deal, she said at an October conference that the FTC is focusing on ways digital platforms use mergers to maintain their dominance during periods of technical transitions.</p><p>“Right now we are seeing that period of technological transition -- be it in the context of the cloud or voice assistants or virtual reality,” Khan said. “We have to be especially vigilant across the board, but particularly in the merger context.”</p><p>Microsoft announced in January it planned to buy game publisher Activision Blizzard, which has developed popular franchises like Call of Duty and World of Warcraft. The acquisition would be the company’s largest ever and one of the 30 biggest deals of all time. Although Brazilian antitrust officials cleared it, other competition regulators, including the UK and the European Union, have raised concerns that Microsoft could withhold popular titles from rivals, particularly from Sony Group Corp.’s Playstation.</p><p>Microsoft said it has offered a proposal that would keep Call of Duty on the Playstation for the next 10 years. But that kind of a settlement might not placate regulators, said Bloomberg Intelligence analyst Jennifer Rie.</p><p>“This is a deal that needs behavioral concessions and the FTC is not accepting behavioral concessions,” Rie said. “They don’t have any other choice but to sue.”</p><p>The FTC declined to comment.</p><p>Microsoft said in a statement it’s “prepared to address the concerns of regulators, including the FTC, and Sony to ensure the deal closes with confidence.” Microsoft pointed out that it would still trail Sony and market leader Tencent Holdings Ltd. in the gaming market after the takeover has been completed.</p><p>The Biden administration’s antitrust officials have taken an aggressive tack with companies seeking to merge, often rejecting proposed settlements in favor of lawsuits. The Justice Department has filed a record 10 merger challenges since June 2021. The FTC also has blocked two major deals that sought regulatory approval based on pledges the merged company would play nice with its rivals –- Nvidia Corp.’s purchase of Arm Ltd. from SoftBank Group Corp. and Lockheed Martin Corp.’s bid to buy <a href=\"https://laohu8.com/S/AJRD\">Aerojet Rocketdyne Holdings Inc</a>.</p><p>Then there’s the furor over Live Nation’s Ticketmaster unit after its botched launch of Taylor Swift concert ticket sales last week. The ticketing giant merged with Live Nation in 2010 after the Justice Department blessed its offer to license Ticketmaster’s software to other companies and pledge not to retaliate against venues that chose alternate ticketing vendors. Some lawmakers and advocates are now calling to unwind that merger, saying regulators should never have approved it in the first place.</p><p>Microsoft’s Activision Blizzard deal also features another aspect that has piqued the interest of regulators –- major technology platforms using acquisitions to dominate emerging industries, in this case cloud gaming. Several tech companies launched forays into subscription gaming services using cloud technology including Microsoft, Sony, Alphabet Inc.’s Google and Amazon.com Inc. --although few have broken into the mainstream and, in September Google announced it would shut down its Stadia service.</p><p>Microsoft’s Xbox Game Pass, which includes cloud gaming in its Ultimate package, leads the market with more than 25 million subscribers. In part, that’s because Microsoft’s dozens of game studios provide a direct channel of content. Activision Blizzard is expected to add enormously to the subscription service’s value proposition.</p><p>UK regulators, who must also approve the acquisition, have highlighted concerns about cloud gaming as one of the main reasons they extended their review through March 2023. The deal could “tip or significantly increase concentration” of cloud gaming in Microsoft’s favor before rivals have a chance to develop, the UK’s Competition and Markets Authority said.</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>Microsoft’s Activision Deal Hangs on Long-Shot FTC Accord Team Biden Hates</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\">\nMicrosoft’s Activision Deal Hangs on Long-Shot FTC Accord Team Biden Hates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-26 08:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/microsoft-activision-deal-hangs-long-234514920.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft Corp.’s best chance to win approval for its $69 billion Activision Blizzard Inc. deal from US regulators is to persuade the Biden administration to accept a settlement in which the Xbox ...</p>\n\n<a href=\"https://finance.yahoo.com/news/microsoft-activision-deal-hangs-long-234514920.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LYV":"Live Nation Entertainment","ATVI":"动视暴雪","MSFT":"微软"},"source_url":"https://finance.yahoo.com/news/microsoft-activision-deal-hangs-long-234514920.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286461223","content_text":"Microsoft Corp.’s best chance to win approval for its $69 billion Activision Blizzard Inc. deal from US regulators is to persuade the Biden administration to accept a settlement in which the Xbox maker pledges it won’t withhold its popular titles from rivals.That’s a very long shot given Biden’s antitrust enforcers aren’t fond of such agreements -- especially after this month’s Ticketmaster blowup put the spotlight back on a failed 2010 Justice Department settlement with Live Nation Entertainment Inc.Antitrust officials in the UK and Australia have raised concerns the takeover would give Microsoft an overwhelming advantage in cloud gaming, a nascent industry. That’s an area of particular sensitivity for Federal Trade Commission Chair Lina Khan, who earlier this year sued to block Meta Platforms Inc. from acquiring a popular fitness app to gain an edge in the fledgling virtual reality market.Although Khan hasn’t commented specifically on the Activision deal, she said at an October conference that the FTC is focusing on ways digital platforms use mergers to maintain their dominance during periods of technical transitions.“Right now we are seeing that period of technological transition -- be it in the context of the cloud or voice assistants or virtual reality,” Khan said. “We have to be especially vigilant across the board, but particularly in the merger context.”Microsoft announced in January it planned to buy game publisher Activision Blizzard, which has developed popular franchises like Call of Duty and World of Warcraft. The acquisition would be the company’s largest ever and one of the 30 biggest deals of all time. Although Brazilian antitrust officials cleared it, other competition regulators, including the UK and the European Union, have raised concerns that Microsoft could withhold popular titles from rivals, particularly from Sony Group Corp.’s Playstation.Microsoft said it has offered a proposal that would keep Call of Duty on the Playstation for the next 10 years. But that kind of a settlement might not placate regulators, said Bloomberg Intelligence analyst Jennifer Rie.“This is a deal that needs behavioral concessions and the FTC is not accepting behavioral concessions,” Rie said. “They don’t have any other choice but to sue.”The FTC declined to comment.Microsoft said in a statement it’s “prepared to address the concerns of regulators, including the FTC, and Sony to ensure the deal closes with confidence.” Microsoft pointed out that it would still trail Sony and market leader Tencent Holdings Ltd. in the gaming market after the takeover has been completed.The Biden administration’s antitrust officials have taken an aggressive tack with companies seeking to merge, often rejecting proposed settlements in favor of lawsuits. The Justice Department has filed a record 10 merger challenges since June 2021. The FTC also has blocked two major deals that sought regulatory approval based on pledges the merged company would play nice with its rivals –- Nvidia Corp.’s purchase of Arm Ltd. from SoftBank Group Corp. and Lockheed Martin Corp.’s bid to buy Aerojet Rocketdyne Holdings Inc.Then there’s the furor over Live Nation’s Ticketmaster unit after its botched launch of Taylor Swift concert ticket sales last week. The ticketing giant merged with Live Nation in 2010 after the Justice Department blessed its offer to license Ticketmaster’s software to other companies and pledge not to retaliate against venues that chose alternate ticketing vendors. Some lawmakers and advocates are now calling to unwind that merger, saying regulators should never have approved it in the first place.Microsoft’s Activision Blizzard deal also features another aspect that has piqued the interest of regulators –- major technology platforms using acquisitions to dominate emerging industries, in this case cloud gaming. Several tech companies launched forays into subscription gaming services using cloud technology including Microsoft, Sony, Alphabet Inc.’s Google and Amazon.com Inc. --although few have broken into the mainstream and, in September Google announced it would shut down its Stadia service.Microsoft’s Xbox Game Pass, which includes cloud gaming in its Ultimate package, leads the market with more than 25 million subscribers. In part, that’s because Microsoft’s dozens of game studios provide a direct channel of content. Activision Blizzard is expected to add enormously to the subscription service’s value proposition.UK regulators, who must also approve the acquisition, have highlighted concerns about cloud gaming as one of the main reasons they extended their review through March 2023. The deal could “tip or significantly increase concentration” of cloud gaming in Microsoft’s favor before rivals have a chance to develop, the UK’s Competition and Markets Authority said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961384461,"gmtCreate":1668839443154,"gmtModify":1676538120905,"author":{"id":"3562361215333748","authorId":"3562361215333748","name":"tionglim","avatar":"https://static.tigerbbs.com/d488f4ff48c280ec624f30e1178e347d","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562361215333748","authorIdStr":"3562361215333748"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9961384461","repostId":"1143890380","repostType":4,"repost":{"id":"1143890380","pubTimestamp":1668822759,"share":"https://ttm.financial/m/news/1143890380?lang=&edition=fundamental","pubTime":"2022-11-19 09:52","market":"us","language":"en","title":"Sea Limited: Profitability May Be Around The Corner","url":"https://stock-news.laohu8.com/highlight/detail?id=1143890380","media":"Seeking Alpha","summary":"SummaryFurther uncertainty for Sea Limited's Garena as its QAU did not stabilize as expected. New ga","content":"<html><head></head><body><h3>Summary</h3><ul><li>Further uncertainty for Sea Limited&#39;s Garena as its QAU did not stabilize as expected. New games were launched in recent months.</li><li>Shopee’s race to profitability has accelerated as shown in the material improvements in unit economics, and they are expected to be profitable by FY23.</li><li>SeaBank&#39;s credit business is growing strongly and its overall credit business is profitable and cash flow positive. Its revenue now makes up 10.4% of its overall revenue.</li><li>Execution has been on point in attaining profitability although that resulted in declining growth in FY22. Management believes growth can reaccelerate once it achieves profitability.</li><li>Sea Limited has sufficient cash reserves to pay off the convertible notes.</li></ul><h3>Investment Thesis</h3><p><a href=\"https://laohu8.com/S/SE\">Sea Limited</a> has come under much scrutiny in the past 2 years as the shift in focus from growth to profitability and macro headwinds have led to a massive growth decline across itsShopee and Garena units. While this is unfortunate, management has executed brilliantly so far to turn the company into an increasingly self-sufficient business in the near term.</p><p>In this article, I attempt to dive deeper into itsQ3 2022 resultand provide an overall analysis of the earnings. Although I’d like to highlight that the management has explicitly stated that growth can reaccelerate after attaining profitability and that they have a sufficient cash reserve to pay off the convertible notes sitting on the balance sheet.</p><h3>Garena<img src=\"https://static.tigerbbs.com/ab8fe0ed7909a98b7fdf0b930bc362df\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></h3><p>SE 10-Q</p><p><img src=\"https://static.tigerbbs.com/8386bb1c95c3d5300e1fe0f371528199\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></p><p>SE 10-Q</p><p>Garena’s QAU and QPU continued to decline sequentially, as the management’s anticipation of its user base stabilizing did not materialize. The macro headwinds continue to be a headache, and it seems that there is more uncertainty lying ahead for Garena Free Fire. The key forward is to focus on launching new games, with games such asPrimitive EraandBlack Clover Mobilelaunching recently. While this indicates that management is working hard to reaccelerate Garena’s growth, it is important to recognize that the success of games is not guaranteed, and this is the bigger uncertainty for the business. As a result, this caused its adjusted EBITDA margin to further decline to 32.5% during the quarter.</p><p>Additionally, management states that the expiry of the agreement with Riot Games will have no impact on Garena’s publishing business, and Garena is seeking other top-game developers for their publishing business.</p><p>Shopee<img src=\"https://static.tigerbbs.com/79b7f33be279fa015f52addd35b55d96\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/>SE 10-Q<img src=\"https://static.tigerbbs.com/6aaff49a0ba8c901eadda2b7cf01a391\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/>SE 10-Q</p><p>Shopee’s GMV grew 14% Y/Y and the number of orders grew 18% Y/Y, a continuous decline in the past couple of quarters. This is a result of management pulling back on its sales and marketing (“S&amp;M”) expenses, exiting multiple markets, cutting costs aggressively (such as hiring), and lastly, the lower consumer discretionary spending. This is in contrast to Lazada (NYSE: BABA), as the number oforders declined Y/Yand they are also prioritizing profitability through increased monetization.</p><p>While this does show that consumers continue to spend on Shopee in SEA, its GMV and number of orders are partially contributed by Shopee Brazil. In a tough macro environment, Shopee experienced a 36% Y/Y growth in the number of brands on the platform, indicating that Shopee is an increasingly important partner in growing its online revenue.<img src=\"https://static.tigerbbs.com/7e09e1e030c482f41afaf8695896f9ec\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/>SE 10-Q</p><p>The more important portion is Shopee’s improvement in profitability. Its overall adjusted EBITDA loss per order continues to improve by 23.5% sequentially, and more specifically, Shopee Brazil’s loss per order improved by 27.5% sequentially during the quarter as compared to 6.6% in the last quarter. Moreover, Shopee is expected to attain profitability by FY23 instead of FY25 as previously guided by the management. This goes to show that the management has made great strides in pursuing profitability, which is impressive in my view. Once it attained self-sufficiency, growth can reaccelerate, although, the management is expecting flat or negative growth in certain metrics in the near term.</p><h3>SeaBank</h3><p><i>Note that I will be using “SeaBank” and “SeaMoney” interchangeably.</i></p><p><img src=\"https://static.tigerbbs.com/0f0cb77d6ac22f50a1208eaf075db51c\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></p><p>SE 10-Q</p><p>SeaMoney’s loan receivables grew 46% from 4Q21 and 110% from 3Q21 to $2.2 billion. These are loans provided to customers whereby SeaMoney generates revenue by charging interest rates, and it has been growing quickly. In myprevious article, I showed that in Sep 2022, SeaBank Indonesia grew its loans and customer deposits by 111% Y/Y and 147% Y/Y, respectively, and the launch of ShopeePay in Brazil. During the earnings call, management stated that the credit business is profitable and cash flow positive, and it will be focusing on growing this business in Southeast Asia (“SEA”) and Brazil.</p><p>Additionally, they have also said to diversify their source of funding for the credit business, which I believe is to seek third-party financing partners to reduce the capital required for the business and at the same time, reduce credit risk. Similar to Bank Jago (IDX: ARTO), SeaBank may utilize the data of its partners to help improve the non-performing loans and scale its lending. Readers who are unaware of SeaBank’s business model can head to mydeep diveinto the company.</p><p><img src=\"https://static.tigerbbs.com/2de194897c03f180f99a0dd2b75bf2d0\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></p><p>SE 10-Q</p><p><img src=\"https://static.tigerbbs.com/5932cc09aca0134084217800afb30399\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></p><p>SE 10-Q</p><p><img src=\"https://static.tigerbbs.com/6205c82c79c753720862ed8385dd0e2a\" tg-width=\"1200\" tg-height=\"742\" referrerpolicy=\"no-referrer\"/></p><p>SE 10-Q</p><p>As a result of its growing deposits and loan books, its Q3 2022 revenue grew 147% Y/Y, and it has been increasingly making up a bigger portion of its overall revenue at 10.4% this quarter. Management had also been deliberate in cutting down on S&amp;M expenses and combined with its acceleration revenue growth, its adjusted EBITDA margin has improved massively to -20.7% during the quarter. This is compared to -40% in 2Q22 and -120.3% a year ago.</p><h3>Sufficient Cash Reserves To Pay off Convertible Notes<img src=\"https://static.tigerbbs.com/4ff585449530fce4084e7d1447e077b4\" tg-width=\"1280\" tg-height=\"798\" referrerpolicy=\"no-referrer\"/></h3><p>SE 10-Q</p><p>One of the biggest concerns about Sea Limited for investors is the cash burn rate, as they fear that the company does not have enough sufficient cash reserves to pay off convertible notes maturing in 2026. However, not only did the cash outflow slow in Q3 2022, but the management has also hinted that there are sufficient cash reserves to pay off the convertible notes:</p><blockquote>“We aim to continue to maintain a net cash position, after budgeting for the full retirement in cash of outstanding convertible bonds and assuming no external funding.”</blockquote><h3>Conclusion</h3><p>Overall, this was a pretty decent quarter for Sea Limited, as we could see that they had made huge improvements on the road to profitability, particularly for Shopee. While that comes at a growth trade-off, management has indicated that Shopee can reaccelerate its growth after attaining profitability in FY23, which is pulled forward from FY25 as guided previously.</p><p>Garena&#39;s results continue to be a concern as macro seems to have a longer-than-expected impact on its user base and its profitability as a result has been trending downwards over the past couple of quarters. Management has been working hard on its gaming pipelines, although the uncertainty lies in the successes of these new games and whether they could reaccelerate their growth in the future.</p><p>SeaBank has been growing its top line really quickly and huge improvements were made on the bottom line as well. Furthermore, the overall credit business is profitable and is generating positive cash flow, and has been increasingly making up a larger proportion of its total revenue. I continue to believe that this can be a potential growth driver for Sea Limited.</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>Sea Limited: Profitability May Be Around The Corner</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Limited: Profitability May Be Around The Corner\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-19 09:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4559176-sea-limited-profitability-may-be-around-the-corner><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryFurther uncertainty for Sea Limited's Garena as its QAU did not stabilize as expected. New games were launched in recent months.Shopee’s race to profitability has accelerated as shown in the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4559176-sea-limited-profitability-may-be-around-the-corner\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4559176-sea-limited-profitability-may-be-around-the-corner","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143890380","content_text":"SummaryFurther uncertainty for Sea Limited's Garena as its QAU did not stabilize as expected. New games were launched in recent months.Shopee’s race to profitability has accelerated as shown in the material improvements in unit economics, and they are expected to be profitable by FY23.SeaBank's credit business is growing strongly and its overall credit business is profitable and cash flow positive. Its revenue now makes up 10.4% of its overall revenue.Execution has been on point in attaining profitability although that resulted in declining growth in FY22. Management believes growth can reaccelerate once it achieves profitability.Sea Limited has sufficient cash reserves to pay off the convertible notes.Investment ThesisSea Limited has come under much scrutiny in the past 2 years as the shift in focus from growth to profitability and macro headwinds have led to a massive growth decline across itsShopee and Garena units. While this is unfortunate, management has executed brilliantly so far to turn the company into an increasingly self-sufficient business in the near term.In this article, I attempt to dive deeper into itsQ3 2022 resultand provide an overall analysis of the earnings. Although I’d like to highlight that the management has explicitly stated that growth can reaccelerate after attaining profitability and that they have a sufficient cash reserve to pay off the convertible notes sitting on the balance sheet.GarenaSE 10-QSE 10-QGarena’s QAU and QPU continued to decline sequentially, as the management’s anticipation of its user base stabilizing did not materialize. The macro headwinds continue to be a headache, and it seems that there is more uncertainty lying ahead for Garena Free Fire. The key forward is to focus on launching new games, with games such asPrimitive EraandBlack Clover Mobilelaunching recently. While this indicates that management is working hard to reaccelerate Garena’s growth, it is important to recognize that the success of games is not guaranteed, and this is the bigger uncertainty for the business. As a result, this caused its adjusted EBITDA margin to further decline to 32.5% during the quarter.Additionally, management states that the expiry of the agreement with Riot Games will have no impact on Garena’s publishing business, and Garena is seeking other top-game developers for their publishing business.ShopeeSE 10-QSE 10-QShopee’s GMV grew 14% Y/Y and the number of orders grew 18% Y/Y, a continuous decline in the past couple of quarters. This is a result of management pulling back on its sales and marketing (“S&M”) expenses, exiting multiple markets, cutting costs aggressively (such as hiring), and lastly, the lower consumer discretionary spending. This is in contrast to Lazada (NYSE: BABA), as the number oforders declined Y/Yand they are also prioritizing profitability through increased monetization.While this does show that consumers continue to spend on Shopee in SEA, its GMV and number of orders are partially contributed by Shopee Brazil. In a tough macro environment, Shopee experienced a 36% Y/Y growth in the number of brands on the platform, indicating that Shopee is an increasingly important partner in growing its online revenue.SE 10-QThe more important portion is Shopee’s improvement in profitability. Its overall adjusted EBITDA loss per order continues to improve by 23.5% sequentially, and more specifically, Shopee Brazil’s loss per order improved by 27.5% sequentially during the quarter as compared to 6.6% in the last quarter. Moreover, Shopee is expected to attain profitability by FY23 instead of FY25 as previously guided by the management. This goes to show that the management has made great strides in pursuing profitability, which is impressive in my view. Once it attained self-sufficiency, growth can reaccelerate, although, the management is expecting flat or negative growth in certain metrics in the near term.SeaBankNote that I will be using “SeaBank” and “SeaMoney” interchangeably.SE 10-QSeaMoney’s loan receivables grew 46% from 4Q21 and 110% from 3Q21 to $2.2 billion. These are loans provided to customers whereby SeaMoney generates revenue by charging interest rates, and it has been growing quickly. In myprevious article, I showed that in Sep 2022, SeaBank Indonesia grew its loans and customer deposits by 111% Y/Y and 147% Y/Y, respectively, and the launch of ShopeePay in Brazil. During the earnings call, management stated that the credit business is profitable and cash flow positive, and it will be focusing on growing this business in Southeast Asia (“SEA”) and Brazil.Additionally, they have also said to diversify their source of funding for the credit business, which I believe is to seek third-party financing partners to reduce the capital required for the business and at the same time, reduce credit risk. Similar to Bank Jago (IDX: ARTO), SeaBank may utilize the data of its partners to help improve the non-performing loans and scale its lending. Readers who are unaware of SeaBank’s business model can head to mydeep diveinto the company.SE 10-QSE 10-QSE 10-QAs a result of its growing deposits and loan books, its Q3 2022 revenue grew 147% Y/Y, and it has been increasingly making up a bigger portion of its overall revenue at 10.4% this quarter. Management had also been deliberate in cutting down on S&M expenses and combined with its acceleration revenue growth, its adjusted EBITDA margin has improved massively to -20.7% during the quarter. This is compared to -40% in 2Q22 and -120.3% a year ago.Sufficient Cash Reserves To Pay off Convertible NotesSE 10-QOne of the biggest concerns about Sea Limited for investors is the cash burn rate, as they fear that the company does not have enough sufficient cash reserves to pay off convertible notes maturing in 2026. However, not only did the cash outflow slow in Q3 2022, but the management has also hinted that there are sufficient cash reserves to pay off the convertible notes:“We aim to continue to maintain a net cash position, after budgeting for the full retirement in cash of outstanding convertible bonds and assuming no external funding.”ConclusionOverall, this was a pretty decent quarter for Sea Limited, as we could see that they had made huge improvements on the road to profitability, particularly for Shopee. While that comes at a growth trade-off, management has indicated that Shopee can reaccelerate its growth after attaining profitability in FY23, which is pulled forward from FY25 as guided previously.Garena's results continue to be a concern as macro seems to have a longer-than-expected impact on its user base and its profitability as a result has been trending downwards over the past couple of quarters. Management has been working hard on its gaming pipelines, although the uncertainty lies in the successes of these new games and whether they could reaccelerate their growth in the future.SeaBank has been growing its top line really quickly and huge improvements were made on the bottom line as well. Furthermore, the overall credit business is profitable and is generating positive cash flow, and has been increasingly making up a larger proportion of its total revenue. I continue to believe that this can be a potential growth driver for Sea Limited.","news_type":1},"isVote":1,"tweetType":1,"viewCount":657,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963763867,"gmtCreate":1668761683360,"gmtModify":1676538109664,"author":{"id":"3562361215333748","authorId":"3562361215333748","name":"tionglim","avatar":"https://static.tigerbbs.com/d488f4ff48c280ec624f30e1178e347d","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562361215333748","authorIdStr":"3562361215333748"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963763867","repostId":"2284724716","repostType":4,"repost":{"id":"2284724716","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":1668719520,"share":"https://ttm.financial/m/news/2284724716?lang=&edition=fundamental","pubTime":"2022-11-18 05:12","market":"us","language":"en","title":"Applied Materials Forecasts Strong Q1 Revenue on Easing Supply Chain Woes","url":"https://stock-news.laohu8.com/highlight/detail?id=2284724716","media":"Reuters","summary":"Chip tools maker Applied Materials Inc forecast first-quarter revenue above market estimates on Thur","content":"<html><head></head><body><p>Chip tools maker <a href=\"https://laohu8.com/S/AMAT\">Applied Materials Inc</a> forecast first-quarter revenue above market estimates on Thursday, on hopes that easing supply chain constraints will help it meet pent up demand from chipmakers ramping up production.</p><p>Shares of the Santa Clara, California-based company rose nearly 3 per cent in trading after the bell.</p><p>Even though the wider chip industry is seeing sluggish demand for consumer electronics like PCs and smart phones, the growing adoption of 5G and shift to hybrid work still remains positive.</p><p>Moreover, Applied is also set to benefit from a US push to cut dependency on China and ramp up domestic chip output, prompting chipmakers like Intel Corp and Taiwan Semiconductor Manufacturing to announce plans for new plants.</p><p>The company posted revenue of US$6.75 billion for the fourth quarter ended Oct 30, compared to analysts&#39; average expectation of US$6.45 billion, according to Refinitiv IBES data.</p><p>Chief Executive Gary Dickerson said that the company is slowing the &#34;rate of spending growth in the near term amid geopolitical and macroeconomic challenges.&#34;</p><p>The company forecast current-quarter revenue of US$6.70 billion, plus or minus US$400 million, compared with analysts&#39; average estimate of US$6.45 billion.</p><p>Applied said the outlook includes expected impact of recently announced US export regulations and ongoing supply chain challenges.</p><p>Earlier in October, the company said export restrictions to China would result in a US$250 million-US$550 million loss in net sales in the quarter ending Oct 30, with a similar impact expected in the following three months.</p><p>Excluding items, the company earned US$2.03 per share, beating estimates of US$1.73 per share.</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>Applied Materials Forecasts Strong Q1 Revenue on Easing Supply Chain Woes</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\">\nApplied Materials Forecasts Strong Q1 Revenue on Easing Supply Chain Woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2022-11-18 05:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Chip tools maker <a href=\"https://laohu8.com/S/AMAT\">Applied Materials Inc</a> forecast first-quarter revenue above market estimates on Thursday, on hopes that easing supply chain constraints will help it meet pent up demand from chipmakers ramping up production.</p><p>Shares of the Santa Clara, California-based company rose nearly 3 per cent in trading after the bell.</p><p>Even though the wider chip industry is seeing sluggish demand for consumer electronics like PCs and smart phones, the growing adoption of 5G and shift to hybrid work still remains positive.</p><p>Moreover, Applied is also set to benefit from a US push to cut dependency on China and ramp up domestic chip output, prompting chipmakers like Intel Corp and Taiwan Semiconductor Manufacturing to announce plans for new plants.</p><p>The company posted revenue of US$6.75 billion for the fourth quarter ended Oct 30, compared to analysts&#39; average expectation of US$6.45 billion, according to Refinitiv IBES data.</p><p>Chief Executive Gary Dickerson said that the company is slowing the &#34;rate of spending growth in the near term amid geopolitical and macroeconomic challenges.&#34;</p><p>The company forecast current-quarter revenue of US$6.70 billion, plus or minus US$400 million, compared with analysts&#39; average estimate of US$6.45 billion.</p><p>Applied said the outlook includes expected impact of recently announced US export regulations and ongoing supply chain challenges.</p><p>Earlier in October, the company said export restrictions to China would result in a US$250 million-US$550 million loss in net sales in the quarter ending Oct 30, with a similar impact expected in the following three months.</p><p>Excluding items, the company earned US$2.03 per share, beating estimates of US$1.73 per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMAT":"应用材料"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284724716","content_text":"Chip tools maker Applied Materials Inc forecast first-quarter revenue above market estimates on Thursday, on hopes that easing supply chain constraints will help it meet pent up demand from chipmakers ramping up production.Shares of the Santa Clara, California-based company rose nearly 3 per cent in trading after the bell.Even though the wider chip industry is seeing sluggish demand for consumer electronics like PCs and smart phones, the growing adoption of 5G and shift to hybrid work still remains positive.Moreover, Applied is also set to benefit from a US push to cut dependency on China and ramp up domestic chip output, prompting chipmakers like Intel Corp and Taiwan Semiconductor Manufacturing to announce plans for new plants.The company posted revenue of US$6.75 billion for the fourth quarter ended Oct 30, compared to analysts' average expectation of US$6.45 billion, according to Refinitiv IBES data.Chief Executive Gary Dickerson said that the company is slowing the \"rate of spending growth in the near term amid geopolitical and macroeconomic challenges.\"The company forecast current-quarter revenue of US$6.70 billion, plus or minus US$400 million, compared with analysts' average estimate of US$6.45 billion.Applied said the outlook includes expected impact of recently announced US export regulations and ongoing supply chain challenges.Earlier in October, the company said export restrictions to China would result in a US$250 million-US$550 million loss in net sales in the quarter ending Oct 30, with a similar impact expected in the following three months.Excluding items, the company earned US$2.03 per share, beating estimates of US$1.73 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9963646671,"gmtCreate":1668674329194,"gmtModify":1676538095142,"author":{"id":"3562361215333748","authorId":"3562361215333748","name":"tionglim","avatar":"https://static.tigerbbs.com/d488f4ff48c280ec624f30e1178e347d","crmLevel":2,"crmLevelSwitch":1,"followedFlag":false,"idStr":"3562361215333748","authorIdStr":"3562361215333748"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963646671","repostId":"2284831377","repostType":4,"repost":{"id":"2284831377","pubTimestamp":1668648381,"share":"https://ttm.financial/m/news/2284831377?lang=&edition=fundamental","pubTime":"2022-11-17 09:26","market":"us","language":"en","title":"Why Nio Shares Plunged 8.5% on Wednesday?","url":"https://stock-news.laohu8.com/highlight/detail?id=2284831377","media":"Motley Fool","summary":"Nio expected a sharp increase in production and deliveries in the fourth quarter, but there are signs that plan could falter.","content":"<html><head></head><body><h2>What happened</h2><p>The American depositary shares of China-based <a href=\"https://laohu8.com/S/NIO\">Nio </a> were plummeting Wednesday morning. Shares dropped as much as 9% and remained down 8.1% as of 11 a.m. ET. Two news items out of China have investors in the electric vehicle (EV) company selling today.</p><h2>So what</h2><p>First, Nio and its EV peers in China have been negatively impacted by lockdowns driven by China&#39;s &#34;zero-COVID&#34; policy. The company seemed to imply that headwind was behind it now, as it estimated deliveries for the fourth quarter would increase between 36% and 52% over the third quarter.</p><p>Those lockdowns haven&#39;t just impacted production. Consumer demand has also taken a hit, and another report today implies that automakers in China are still struggling to bring customers back into the market.</p><p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F709660%2Fnio-et5-at-battery-swap.png&amp;op=resize&amp;w=700\" tg-width=\"700\" tg-height=\"390\" referrerpolicy=\"no-referrer\"/></p><p>Image source: Nio.</p><p>Second, as <b>Mercedes-Benz Group</b> works to expand its EV lineup in China, it has now lowered prices as much as the equivalent of almost $34,000 for its high-end model, reports <i>Barron&#39;s</i>. The automaker is reportedly dropping the price of its EQS to about $136,000 from $170,000. But even the lower-priced EQE model is being reduced by more than 9% to $68,000.</p><h2>Now what</h2><p>Nio has reported expanding losses, and it needs to boost production to move closer to profitability. If new restrictions related to COVID-19 affect production and delivery once again in the fourth quarter, it will undoubtedly cause the company to reduce its guidance.</p><p>Whether that&#39;s what is prompting Mercedes-Benz to lower prices or not, that is still competition at the luxury end of the market for Nio. It seems investors see both news items as reasons to sell the stock today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Nio Shares Plunged 8.5% on Wednesday?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Nio Shares Plunged 8.5% on Wednesday?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-17 09:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/16/why-nio-shares-plunged-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedThe American depositary shares of China-based Nio  were plummeting Wednesday morning. Shares dropped as much as 9% and remained down 8.1% as of 11 a.m. ET. Two news items out of China ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/16/why-nio-shares-plunged-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO.SI":"蔚来","NIO":"蔚来","09866":"蔚来-SW"},"source_url":"https://www.fool.com/investing/2022/11/16/why-nio-shares-plunged-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2284831377","content_text":"What happenedThe American depositary shares of China-based Nio  were plummeting Wednesday morning. Shares dropped as much as 9% and remained down 8.1% as of 11 a.m. ET. Two news items out of China have investors in the electric vehicle (EV) company selling today.So whatFirst, Nio and its EV peers in China have been negatively impacted by lockdowns driven by China's \"zero-COVID\" policy. The company seemed to imply that headwind was behind it now, as it estimated deliveries for the fourth quarter would increase between 36% and 52% over the third quarter.Those lockdowns haven't just impacted production. Consumer demand has also taken a hit, and another report today implies that automakers in China are still struggling to bring customers back into the market.Image source: Nio.Second, as Mercedes-Benz Group works to expand its EV lineup in China, it has now lowered prices as much as the equivalent of almost $34,000 for its high-end model, reports Barron's. The automaker is reportedly dropping the price of its EQS to about $136,000 from $170,000. But even the lower-priced EQE model is being reduced by more than 9% to $68,000.Now whatNio has reported expanding losses, and it needs to boost production to move closer to profitability. If new restrictions related to COVID-19 affect production and delivery once again in the fourth quarter, it will undoubtedly cause the company to reduce its guidance.Whether that's what is prompting Mercedes-Benz to lower prices or not, that is still competition at the luxury end of the market for Nio. 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