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- EggyEggy
  ·2021-02-26
  Hold
  Bitcoin May Be Weighing on Tech Stocks Again
  “Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerN
  Bitcoin May Be Weighing on Tech Stocks Again
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- EggyEggy
  ·2021-02-26
  Bullish on apple
  Apple Stock: What Wall Street Has Been Saying This Week
  Wall Street has been sharing insightful information on Apple and its stock lately. The Apple Maven reviews some of the most interesting reports, and unveils where analyst sentiment currently stands.Over the past week, bank analysts have published a number of insightful reports on Apple. Today, the Apple Maven reviews some of the most relevant ones, and recaps Wall Street’s overall sentiment towards the Cupertino company’s stock.Wedbush analyst Dan Ives continues to be Apple’s “bull of bulls”.He
  Apple Stock: What Wall Street Has Been Saying This Week
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- EggyEggy
  ·2021-02-26
  Frenzy
  GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks
  It’s not just individual investors participating in latest squeeze, observers say Another options-fu
  GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks
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The chip stock stands out because the company issueda strong earnings reportWednesday, including a lift from products related to Bitcoin and other cryptocurrencies.</p><p>Payments app&nbsp;Square(SQ), meanwhile, also continued its slide, down 4.3%, at $227.11. The company’srelatively strong&nbsp;earnings report on Tuesday included investments and operational gains from Bitcoin, and the firm said it plans to “double down” on the digital coin. That may be weighing on the stock, which is down nearly 20% in the last few sessions as&nbsp;Bitcoin prices have slumped.</p><p>Tech is under pressure for other reasons: Steep valuations have made the sector vulnerable to weakness in company forecasts. Rising bond yields pose a threat by pressuring the present value of future cash flows. Big Tech is also a crowded trade that could be losing favor as investors look for more-cyclical exposure or sectors with lower valuations.</p><p>But the trading patterns in Nvidia, Square,Tesla(TSLA), and other stocks may also be a sign of Bitcoin’s growing influence. Companies are plowing capital into Bitcoin directly and related products and services, expanding exposure at a time when prices have skyrocketed more than 350% in the past year. Despite its recent slide, Bitcoin is still up 67% this year.</p><p>Crypto is&nbsp;certainly gathering momentum.Mastercard&nbsp;(MA) said this month that it would start supporting cryptocurrencies directly on its network, noting that many consumers are already using cards to buy crypto assets. But it would still be a stretch to turn Bitcoin into a viable currency for everyday purchases, a&nbsp;Mastercard&nbsp;executive noted at a conference on Thursday.</p><p>“Bitcoin doesn’t behave like a payment instrument,” said Mastercard Executive Vice Chair Ann Cairns, according to a&nbsp;report&nbsp;on MarketWatch. “It’s too volatile and it takes too long to transact.”</p><p>Whether it becomes an asset class or payment instrument, the rise (and potential fall) of Bitcoin is ripping through corners of tech, banking, and other sectors.</p><p>Nvidia, for instance, issued animpressiveearnings report, as<i>Barron’s</i>noted. But it’s also becoming more of a crypto play.</p><p>The company said crypto may have had a $100 million to $300 million positive impact in the quarter. The firm is launching a new line of cryptocurrency mining processors, or CMPs, for professional crypto-mining.</p><p>“Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power,” Nvidia told investors. Its new line of CMPs will give the firm more visibility into the contribution of crypto to revenue, the company added.</p><p>Some analysts are questioning the sustainability of the trend.Piper Sandler’s Harsh Kumarreiterated an Overweight rating on the shares, for instance, but cautioned about Nvidia’s growing exposure to crypto.</p><p>“With cryptocurrency entering the picture again, the delineation between crypto and core gaming upside is blurred,” he writes. “We feel investors may question the sustainability of these trends, particularly given the cryptocurrency issues in the past.”</p><p>Payments app Square, as noted above, is also now squarely in the Bitcoin debate. While core business trends are looking healthy, investors may be concerned that Square is expanding into crypto as prices peak. The company purchased $170 million of Bitcoin in the quarter, on top of $50 million previously purchased, and is marketing its Cash App as a mechanism to buy, store, and eventually transact with the cryptocurrency.</p><p>Wall Street has mixed views on that idea. Competitors like&nbsp;PayPal Holdings(PYPL) are also plowing into Bitcoin, along with other “neobbank” competitors, notes&nbsp;JMP analyst David Scharf. That raises questions about the long-term “stickiness” of Cash App and whether its growth can be sustained.</p><p>Indeed, Cash App now accounts for about half of Square’s gross profits, and the company is counting on Bitcoin to fuel demand. That is making Square stock a kind of derivative on Bitcoin; shares have been increasingly correlated to the price of Bitcoin over the past year, and the relationship may only be getting tighter.</p><p>Square stock also may not be fully accounting for the volatility of Bitcoin, which has had several boom-bust cycles. At around 100 estimated 2022 Ebitda (earnings before interest, taxes, depreciation, and amortization), the stock looks fully valued, according to Scharf, who maintained a Market Perform rating.</p><p>Guggenheim’s Jeff Cantwell&nbsp;took the opposite side of that debate. He upgraded Square stock to a Buy on Thursday, partly on an upbeat outlook for Bitcoin. “We think Bitcoin is on a long-term trajectory higher,” he writes, adding that it should drive an increase in Cash App usage and other metrics.</p><p>He doesn’t see Bitcoin becoming a currency used for mainstream purchases anytime soon. But that’s beside the point, he notes, since Bitcoin is turning into “digital gold”—a store of value and an asset class. There are 50 million digital Bitcoin wallets globally, a large and growing user base, he notes. Square is doing its part to take Bitcoin mainstream.</p><p>Cantwell sees Square stock hitting $288. Bitcoin may have to do its part for the stock to get there, too.</p>","source":"lsy1601382232898","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>Bitcoin May Be Weighing on Tech Stocks Again</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin May Be Weighing on Tech Stocks Again\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 11:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-...</p>\n\n<a href=\"https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉",".DJI":"道琼斯","PYPL":"PayPal",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","NVDA":"英伟达","GBTC":"Grayscale Bitcoin Trust","SQ":"Block"},"source_url":"https://www.barrons.com/articles/bitcoin-may-be-weighing-on-tech-stocks-again-investors-should-be-wary-51614284904?mod=hp_LEAD_2_B_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125238969","content_text":"“Blame it on Bitcoin” may be a new catchphrase if the tech sector keeps sinking.Semiconductor makerNvidia(ticker: NVDA) was down 8.2%, at $532.3, in recent trading amid a broader rout in the tech-heavyNasdaq Compositeindex. The chip stock stands out because the company issueda strong earnings reportWednesday, including a lift from products related to Bitcoin and other cryptocurrencies.Payments app Square(SQ), meanwhile, also continued its slide, down 4.3%, at $227.11. The company’srelatively strong earnings report on Tuesday included investments and operational gains from Bitcoin, and the firm said it plans to “double down” on the digital coin. That may be weighing on the stock, which is down nearly 20% in the last few sessions as Bitcoin prices have slumped.Tech is under pressure for other reasons: Steep valuations have made the sector vulnerable to weakness in company forecasts. Rising bond yields pose a threat by pressuring the present value of future cash flows. Big Tech is also a crowded trade that could be losing favor as investors look for more-cyclical exposure or sectors with lower valuations.But the trading patterns in Nvidia, Square,Tesla(TSLA), and other stocks may also be a sign of Bitcoin’s growing influence. Companies are plowing capital into Bitcoin directly and related products and services, expanding exposure at a time when prices have skyrocketed more than 350% in the past year. Despite its recent slide, Bitcoin is still up 67% this year.Crypto is certainly gathering momentum.Mastercard (MA) said this month that it would start supporting cryptocurrencies directly on its network, noting that many consumers are already using cards to buy crypto assets. But it would still be a stretch to turn Bitcoin into a viable currency for everyday purchases, a Mastercard executive noted at a conference on Thursday.“Bitcoin doesn’t behave like a payment instrument,” said Mastercard Executive Vice Chair Ann Cairns, according to a report on MarketWatch. “It’s too volatile and it takes too long to transact.”Whether it becomes an asset class or payment instrument, the rise (and potential fall) of Bitcoin is ripping through corners of tech, banking, and other sectors.Nvidia, for instance, issued animpressiveearnings report, asBarron’snoted. But it’s also becoming more of a crypto play.The company said crypto may have had a $100 million to $300 million positive impact in the quarter. The firm is launching a new line of cryptocurrency mining processors, or CMPs, for professional crypto-mining.“Cryptocurrencies have recently started to be accepted by companies and financial institutions and show increased signs of staying power,” Nvidia told investors. Its new line of CMPs will give the firm more visibility into the contribution of crypto to revenue, the company added.Some analysts are questioning the sustainability of the trend.Piper Sandler’s Harsh Kumarreiterated an Overweight rating on the shares, for instance, but cautioned about Nvidia’s growing exposure to crypto.“With cryptocurrency entering the picture again, the delineation between crypto and core gaming upside is blurred,” he writes. “We feel investors may question the sustainability of these trends, particularly given the cryptocurrency issues in the past.”Payments app Square, as noted above, is also now squarely in the Bitcoin debate. While core business trends are looking healthy, investors may be concerned that Square is expanding into crypto as prices peak. The company purchased $170 million of Bitcoin in the quarter, on top of $50 million previously purchased, and is marketing its Cash App as a mechanism to buy, store, and eventually transact with the cryptocurrency.Wall Street has mixed views on that idea. Competitors like PayPal Holdings(PYPL) are also plowing into Bitcoin, along with other “neobbank” competitors, notes JMP analyst David Scharf. That raises questions about the long-term “stickiness” of Cash App and whether its growth can be sustained.Indeed, Cash App now accounts for about half of Square’s gross profits, and the company is counting on Bitcoin to fuel demand. That is making Square stock a kind of derivative on Bitcoin; shares have been increasingly correlated to the price of Bitcoin over the past year, and the relationship may only be getting tighter.Square stock also may not be fully accounting for the volatility of Bitcoin, which has had several boom-bust cycles. At around 100 estimated 2022 Ebitda (earnings before interest, taxes, depreciation, and amortization), the stock looks fully valued, according to Scharf, who maintained a Market Perform rating.Guggenheim’s Jeff Cantwell took the opposite side of that debate. He upgraded Square stock to a Buy on Thursday, partly on an upbeat outlook for Bitcoin. “We think Bitcoin is on a long-term trajectory higher,” he writes, adding that it should drive an increase in Cash App usage and other metrics.He doesn’t see Bitcoin becoming a currency used for mainstream purchases anytime soon. But that’s beside the point, he notes, since Bitcoin is turning into “digital gold”—a store of value and an asset class. There are 50 million digital Bitcoin wallets globally, a large and growing user base, he notes. Square is doing its part to take Bitcoin mainstream.Cantwell sees Square stock hitting $288. Bitcoin may have to do its part for the stock to get there, too.","news_type":1},"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368692403,"gmtCreate":1614315044302,"gmtModify":1704770555466,"author":{"id":"3573531494106600","authorId":"3573531494106600","name":"Eggy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573531494106600","authorIdStr":"3573531494106600"},"themes":[],"htmlText":"Bullish on apple","listText":"Bullish on apple","text":"Bullish on apple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368692403","repostId":"1171144271","repostType":4,"repost":{"id":"1171144271","kind":"news","pubTimestamp":1614309824,"share":"https://ttm.financial/m/news/1171144271?lang=&edition=fundamental","pubTime":"2021-02-26 11:23","market":"us","language":"en","title":"Apple Stock: What Wall Street Has Been Saying This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1171144271","media":"TheStreet","summary":"Wall Street has been sharing insightful information on Apple and its stock lately. The Apple Maven reviews some of the most interesting reports, and unveils where analyst sentiment currently stands.Over the past week, bank analysts have published a number of insightful reports on Apple. Today, the Apple Maven reviews some of the most relevant ones, and recaps Wall Street’s overall sentiment towards the Cupertino company’s stock.Wedbush analyst Dan Ives continues to be Apple’s “bull of bulls”.He ","content":"<p>Wall Street has been sharing insightful information on Apple and its stock lately. The Apple Maven reviews some of the most interesting reports, and unveils where analyst sentiment currently stands.</p>\n<p>Over the past week, bank analysts have published a number of insightful reports on Apple. Today, the Apple Maven reviews some of the most relevant ones, and recaps Wall Street’s overall sentiment towards the Cupertino company’s stock.</p>\n<p><b>5G super cycle and record valuation</b></p>\n<p>Wedbush analyst Dan Ives continues to be Apple’s “bull of bulls”.</p>\n<p>He&nbsp;published&nbsp;a note on Monday, February 22, stating that the stock should reach $3 trillion market cap by the end of this year – representing an aggressive 43% increase from current levels in just about 10 months.</p>\n<p>Mr. Ives continues to use his channel checks in Asia to support his optimism and Street-high price target of $175 per share, which is primarily justified by the iPhone 12’s ongoing 5G super cycle.</p>\n<p>The analyst also made an interesting remark regarding streaming video. According to him, Apple&nbsp;missed&nbsp;the opportunity to acquire Netflix, several years ago, when it would have been more affordable to do so.</p>\n<p>Now, he thinks Apple needs to acquire a studio to become a more relevant streaming video player:</p>\n<blockquote>\n “We’ve talked about an MGM, a Lionsgate, an A24, otherwise they’re going to continue to sort of be on the outside looking in. And that’s why I think this is something they’re going to be forced into, because it’s all about content.”\n</blockquote>\n<p>I have asked Twitter about Apple’s streaming video strategy. Here is what people have been saying:</p>\n<p><img src=\"https://static.tigerbbs.com/8403d18cc73fcf490a8b11ce06924922\" tg-width=\"755\" tg-height=\"599\"></p>\n<p><b>Streaming video a weak spot</b></p>\n<p>Dan Ives’ concerns over Apple’s position in streaming video was&nbsp;echoed&nbsp;by UBS’ Tim Arcuri, who holds a neutral rating on the stock. According to him:</p>\n<blockquote>\n “Apple TV+ adoption remains a middling offering with just 1 in 4 surveyed noting they have an Apple subscription compared to over 70% for Netflix, 40% for both Disney+ and Hulu and over 50% of Amazon Prime Video.”\n</blockquote>\n<p>I have noted before that, among Apple’s services, only a couple can be considered an undisputed success – iCloud and the App Store among them. The company is a clear underdog in online video and, to some extent, music.</p>\n<p>However, Apple’s service segment continues to perform strongly.I have recently expressed some confidencet&nbsp;hat the division will see revenues double again in the next five years.</p>\n<p><b>More on the EV opportunity</b></p>\n<p>Lastly, Piper Sandler’s Harsh Kumar&nbsp;weighed in&nbsp;on Apple and the electric vehicle opportunity. The analyst, who holds a buy rating on the stock and price target of $160 apiece, thinks that entering the EV market makes sense for the Cupertino company:</p>\n<blockquote>\n “Similar to its other hardware offerings, Apple can enter the market at a time of peak technology disruption while avoiding the risk of forming the market.”\n</blockquote>\n<p>The analyst goes further and tags a dollar amount to the EV opportunity: $50 billion in revenues by 2030. The number may look quite large at first glance, but context is needed here.</p>\n<p>In fiscal 2020, Apple produced nearly $275 billion in sales. At a speculated, compounded top-line growth rate of 5%, total company revenues should reach $450 billion in ten years. At that point, EVs would represent only roughly 10% of the total pie – about the size of the Mac segment today.</p>\n<p>I have warned readers about the pitfalls&nbsp;of justifying an investment in Apple on the back of the EV opportunity. If anything, exuberance in December may have led to&nbsp;the stock jumping too high, too quickly.</p>\n<p>At the end of the day, Apple is still a tech device and consumer services company. In my view, investors should be comfortable with this business model first, before speculating on anything related to the Apple Car.</p>\n<p><b>Where the Street stands</b></p>\n<p>Overall, bank analysts continue to be bullish on Apple.</p>\n<p>The table below shows a “strong buy” consensus rating, out of 25 analysts tracked by&nbsp;Stock Rover. The average price target stands at nearly $150 per share, which represents almost 20% upside opportunity from current levels.</p>\n<p>The recent pullback in Apple’s stock price&nbsp;might make an investment at current levels more appealing.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8966e914e5b26c12a3c2347bdba7034b\" tg-width=\"1200\" tg-height=\"1158\"><span>Consensus rating on Apple stock.</span></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Stock: What Wall Street Has Been Saying This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: What Wall Street Has Been Saying This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 11:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/apple-stock-what-wall-street-has-been-saying-this-week><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street has been sharing insightful information on Apple and its stock lately. The Apple Maven reviews some of the most interesting reports, and unveils where analyst sentiment currently stands.\n...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-what-wall-street-has-been-saying-this-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-what-wall-street-has-been-saying-this-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171144271","content_text":"Wall Street has been sharing insightful information on Apple and its stock lately. The Apple Maven reviews some of the most interesting reports, and unveils where analyst sentiment currently stands.\nOver the past week, bank analysts have published a number of insightful reports on Apple. Today, the Apple Maven reviews some of the most relevant ones, and recaps Wall Street’s overall sentiment towards the Cupertino company’s stock.\n5G super cycle and record valuation\nWedbush analyst Dan Ives continues to be Apple’s “bull of bulls”.\nHe published a note on Monday, February 22, stating that the stock should reach $3 trillion market cap by the end of this year – representing an aggressive 43% increase from current levels in just about 10 months.\nMr. Ives continues to use his channel checks in Asia to support his optimism and Street-high price target of $175 per share, which is primarily justified by the iPhone 12’s ongoing 5G super cycle.\nThe analyst also made an interesting remark regarding streaming video. According to him, Apple missed the opportunity to acquire Netflix, several years ago, when it would have been more affordable to do so.\nNow, he thinks Apple needs to acquire a studio to become a more relevant streaming video player:\n\n “We’ve talked about an MGM, a Lionsgate, an A24, otherwise they’re going to continue to sort of be on the outside looking in. And that’s why I think this is something they’re going to be forced into, because it’s all about content.”\n\nI have asked Twitter about Apple’s streaming video strategy. Here is what people have been saying:\n\nStreaming video a weak spot\nDan Ives’ concerns over Apple’s position in streaming video was echoed by UBS’ Tim Arcuri, who holds a neutral rating on the stock. According to him:\n\n “Apple TV+ adoption remains a middling offering with just 1 in 4 surveyed noting they have an Apple subscription compared to over 70% for Netflix, 40% for both Disney+ and Hulu and over 50% of Amazon Prime Video.”\n\nI have noted before that, among Apple’s services, only a couple can be considered an undisputed success – iCloud and the App Store among them. The company is a clear underdog in online video and, to some extent, music.\nHowever, Apple’s service segment continues to perform strongly.I have recently expressed some confidencet hat the division will see revenues double again in the next five years.\nMore on the EV opportunity\nLastly, Piper Sandler’s Harsh Kumar weighed in on Apple and the electric vehicle opportunity. The analyst, who holds a buy rating on the stock and price target of $160 apiece, thinks that entering the EV market makes sense for the Cupertino company:\n\n “Similar to its other hardware offerings, Apple can enter the market at a time of peak technology disruption while avoiding the risk of forming the market.”\n\nThe analyst goes further and tags a dollar amount to the EV opportunity: $50 billion in revenues by 2030. The number may look quite large at first glance, but context is needed here.\nIn fiscal 2020, Apple produced nearly $275 billion in sales. At a speculated, compounded top-line growth rate of 5%, total company revenues should reach $450 billion in ten years. At that point, EVs would represent only roughly 10% of the total pie – about the size of the Mac segment today.\nI have warned readers about the pitfalls of justifying an investment in Apple on the back of the EV opportunity. If anything, exuberance in December may have led to the stock jumping too high, too quickly.\nAt the end of the day, Apple is still a tech device and consumer services company. In my view, investors should be comfortable with this business model first, before speculating on anything related to the Apple Car.\nWhere the Street stands\nOverall, bank analysts continue to be bullish on Apple.\nThe table below shows a “strong buy” consensus rating, out of 25 analysts tracked by Stock Rover. The average price target stands at nearly $150 per share, which represents almost 20% upside opportunity from current levels.\nThe recent pullback in Apple’s stock price might make an investment at current levels more appealing.\nConsensus rating on Apple stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368696716,"gmtCreate":1614314977935,"gmtModify":1704770554329,"author":{"id":"3573531494106600","authorId":"3573531494106600","name":"Eggy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573531494106600","authorIdStr":"3573531494106600"},"themes":[],"htmlText":"Frenzy","listText":"Frenzy","text":"Frenzy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368696716","repostId":"1120523685","repostType":4,"repost":{"id":"1120523685","kind":"news","pubTimestamp":1614310849,"share":"https://ttm.financial/m/news/1120523685?lang=&edition=fundamental","pubTime":"2021-02-26 11:40","market":"us","language":"en","title":"GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1120523685","media":"MarketWatch","summary":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fu","content":"<p>It’s not just individual investors participating in latest squeeze, observers say</p>\n<p>Another options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.</p>\n<p>The primary mechanism, however, appeared largely the same.</p>\n<p>A surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.</p>\n<p>The company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.</p>\n<p><b>‘Gamma squeeze’</b></p>\n<p>A call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.</p>\n<p>Buying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.</p>\n<p>But the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.</p>\n<p>GameStop&nbsp;shares soared in late afternoon trade Wednesday, prompting trading halts before it&nbsp;ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares&nbsp;popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.</p>\n<p><b>Where are the shorts?</b></p>\n<p>GameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.</p>\n<p>GameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.</p>\n<p>It’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.</p>\n<p>The broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average&nbsp;dropped nearly 560 points, or 1.8%. The S&amp;P 500&nbsp;fell 2.4%, while the Nasdaq Composite&nbsp;dropped 3.5%.</p>\n<p>Some market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.</p>\n<p>GameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.</p>\n<p>Meanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.</p>\n<p>Short interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.</p>\n<p>“One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”</p>","source":"market_watch","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>GameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks</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\">\nGameStop Round 2? How an options-buying frenzy is providing another jolt to meme stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-26 11:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring ...</p>\n\n<a href=\"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓",".IXIC":"NASDAQ Composite","GME":"游戏驿站","KOSS":"高斯电子",".SPX":"S&P 500 Index","AMC":"AMC院线",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/gamestop-round-2-how-an-options-buying-frenzy-is-providing-another-jolt-to-meme-stocks-11614277287?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1120523685","content_text":"It’s not just individual investors participating in latest squeeze, observers say\nAnother options-fueled buying frenzy appeared to be sending shares of GameStop Corp. and other “meme” stocks soaring on Thursday. But unlike last month’s market-rattling move, it wasn’t clear that individual investors were the primary driver.\nThe primary mechanism, however, appeared largely the same.\nA surge in purchases of GameStop call options, centered on those with a strike price of $60 and due to expire at the end of the week, was seen late Wednesday afternoon, said Gust Kepler, chief executive of BlackBoxStocks, a stock-and-options analytics and social platform. That triggered an alert sent by BlackBoxStocks at 3:27 p.m. Eastern, he said. Another alert was triggered early Thursday by heavy interest in calls with a $125 strike price.\nThe company tracks options buying activity, with an eye toward large institutional buyers. Concerted activity by individual investors can also be picked up as brokers, which are part of the institutional universe, move to fill orders. The recent activity appeared to likely be a combination of big, professional players as well as individual buyers, Kepler said, in an interview.\n‘Gamma squeeze’\nA call option is a financial instrument that gives the holder the right, but not the obligation, to buy the underlying security at a set price, known as the strike price, by a certain date. By buying far “out of the money” calls, which have a strike price well above the stock’s present level, investors are betting that a surge in the stock price will net them a healthy profit.\nBuying far out of the money calls is usually a losing proposition, analysts noted, and a surge in interest can make the strategy more expensive as premiums rise in response to demand.\nBut the options buying can, under certain circumstances, create conditions in which a price rally feeds on itself. Known as a “gamma squeeze,” this occurs when the sellers of the call options, in order to hedge their positions, buy the underlying stock. As the price of the stock rises, they need to buy more to maintain their hedge, creating the feedback loop.\nGameStop shares soared in late afternoon trade Wednesday, prompting trading halts before it ended with a gain of 104%.Nearly 65 million shares changed hands, with volume surging as the closing bell neared, compared with a recent average daily volume of 14.7 million shares. GameStop shares popped as much as 85% at Thursday’s opening bell. Gains were trimmed by the close, but it still finished at $108.73, up more than 18%.\nWhere are the shorts?\nGameStop, which ended last year near $17 a share, soared as high as $483 in late January as concerted buying efforts initiated by individual investors on Reddit’s WallStreetBets forum contributed to a short squeeze, forcing traders who had bet on falling stock prices to cover their positions, adding to the buying frenzy.\nGameStop shares subsequently fell back, trading below $40 a share last week. The late-January episode briefly rattled financial markets, triggered investigations and brought additional scrutiny, including a high-profile congressional hearing, on online brokers, market makers, and other players.\nIt’s also brought attention to the broader role individual investors are playing and the possibility of a sustained pickup in retail interest that could alter market dynamics over the long run.\nThe broader stock marketsaw steep lossesthat deepened ahead of the closing bell, though the tech-led fall was blamed largely on a sharp jump in Treasury yields. The Dow Jones Industrial Average dropped nearly 560 points, or 1.8%. The S&P 500 fell 2.4%, while the Nasdaq Composite dropped 3.5%.\nSome market watchers, however, saw a possible but not clear-cut link between the GameStop activity and the selloff.\nGameStop might still be a popular short among some hedge funds, said Thomas Lee, managing partner and head of research at Fundstrat Global Advisors, in a Thursday note. That could be fostering a repeat of the late-January “degrossing” episode, in which hedge funds sold assets in order to reduce leverage, in keeping with “value-at-risk” models.\nMeanwhile, other market watchers questioned how much fuel existed for for a repeat short squeeze, noting a sharp fall in short interest and expectations that remaining shorts are more adequately hedged against sharp moves.\nShort interest in GameStop had reached 140% in January, but has since fallen back closer to 30%, noted Edward Moya, senior market analyst at brokerage Oanda, in a note, observing that professional investors likely also see an opportunity near options expiration dates following last month’s action.\n“One thing is clear, the institutional money behind this move found options expiration as a pivotal opportunity that will make it easier for market disruptions,” Moya wrote. “The violent price swings might remain elevated around options expirations for the Reddit-WallStreetBets crowd.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}