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- TinymonsterTinymonster
  ·2022-11-25
  Sell , Elon is quitting
  Tesla: The Bubble Is Popping
  SummaryTesla has seen its shares underperform widely in 2022 so far.The company faces a wide range of issues, including declining prices, slowing demand, and so on.Tesla is still not cheap despite the
  Tesla: The Bubble Is Popping
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- TinymonsterTinymonster
  ·2021-09-17
  Awesome! Kinda expected .. drop too many days .. need recorrection .. and they are seriously oversold
  Hot chinese concept stocks rallied in premarket trading
  Hot chinese concept stocks rallied in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi
  Hot chinese concept stocks rallied in premarket trading
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- TinymonsterTinymonster
  ·2021-06-25
  Panasonic news outdated still take it out to say ..it’s been in March and was to improve their quarterly books… they are in need of money so sold tesla shares .. chey
  Toplines Before US Market Open on Friday
  (Update: June 25, 2021 at 08:33 a.m. ET) Key inflation indicator rises 3.4% in May from a year earl
  Toplines Before US Market Open on Friday
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, Elon is quitting&nbsp;","listText":"Sell , Elon is quitting&nbsp;","text":"Sell , Elon is quitting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966054110","repostId":"1102414813","repostType":2,"repost":{"id":"1102414813","pubTimestamp":1669338003,"share":"https://www.laohu8.com/m/news/1102414813?lang=&edition=full","pubTime":"2022-11-25 09:00","market":"us","language":"en","title":"Tesla: The Bubble Is Popping","url":"https://stock-news.laohu8.com/highlight/detail?id=1102414813","media":"Seeking Alpha","summary":"SummaryTesla has seen its shares underperform widely in 2022 so far.The company faces a wide range of issues, including declining prices, slowing demand, and so on.Tesla is still not cheap despite the","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has seen its shares underperform widely in 2022 so far.</li><li>The company faces a wide range of issues, including declining prices, slowing demand, and so on.</li><li>Tesla is still not cheap despite the hefty pullback in 2022. Shares could fall further.</li></ul><p><b>Article Thesis</b></p><p>Tesla (NASDAQ: TSLA) is one of the companies that benefitted the most from ultra-low interest rates and that saw its market capitalization expand massively during the pandemic-impacted years 2020 and 2021. Things are changing, however, and Tesla has vastly underperformed the market so far this year. A multitude of issues hurts Tesla&#39;s near-term and longer-term outlook, and since shares are not cheap despite the share price drop this year, there is further downside potential.</p><p><b>Tesla Is Facing Many Issues</b></p><p>Let&#39;s start with something positive: Tesla is a leading EV player that will generate compelling business growth this year and that operates with above-average margins. That&#39;s a pretty strong result for a company that has not been around for many decades.</p><p>That being said, Tesla is facing a range of headwinds in the coming quarters and years, some of them company-specific, while others are driven by an adverse macro environment. Let&#39;s take a look at some of the key issues that could be a problem for Tesla going forward:</p><p><b>Pricing And Demand Problems In China</b></p><p>China is, by far, the most important country for Tesla, both when it comes to production and when it comes to sales. Tesla&#39;s factory in China is its most profitable one, making Tesla&#39;s China business integral to the company as a whole. In China, Tesla is seemingly facing considerable headwinds.</p><p>The company has been lowering prices repeatedly over the last couple of months, and yet, demand has not been as strong as Tesla hoped it would be, some reports suggest. See, for example, the following excerpt from a report from Seeking Alpha:</p><p><img src=\"https://static.tigerbbs.com/6b28c18f93d3e288dcab7d0fb0d75c67\" tg-width=\"598\" tg-height=\"130\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>Ideally, investors want to invest in companies with pricing power, where customers are buying up products even as prices increase. Think, for example, Apple&#39;s (AAPL) ability to sell more and more iPhones despite rising prices. Tesla has lowered the price of its vehicles in China repeatedly, and yet it looks like demand is waning. After all, there&#39;s a wide range of reports that show that delivery times of Tesla&#39;s vehicles are declining. This, in turn, suggests that Tesla&#39;s backlog is shrinking, i.e. fewer new orders are coming in relative to the vehicles Tesla produces.</p><p>The combination of declining delivery times and declining prices suggests trouble for Tesla in its most important market. Either, the company will have to lower prices further in order to revive demand, which would put even more pressure on margins, or Tesla could face a situation where it cannot fill capacity, as there aren&#39;t enough orders once Tesla has worked through its backlog. Both situations suggest that profitability in Tesla&#39;s most important market could come under pressure in the coming quarters.</p><p><b>Reliance On China</b></p><p>There&#39;s also another China-specific risk. Apart from China-based equities, which are oftentimes priced for disaster today, Tesla could be one of the most exposed companies to this macro risk. It relies heavily on China for manufacturing, it relies heavily on China for sales, as China is the largest EV market in the world, and due to China&#39;s dominance when it comes to battery production and all kinds of materials, Tesla also relies heavily on China for supplies. It seems possible that investors will increasingly factor this into their investment decisions, which could result in share price headwinds for Tesla.</p><p><b>Growing Competition</b></p><p>Another risk factor for Tesla is rising competition. It&#39;s true that competition has been a bear argument for years, but it increasingly looks like this is now, in fact, becoming a problem. Not only has Tesla lost the advantage in the highly important electric truck business, as its Cybertruck is still not available while competitors Ford (F) and Rivian (RIVN) are successfully selling their electric pickups, but Tesla is also at risk of losing its leadership position in the EV space, overall. BYD (OTCPK: BYDDY)(OTCPK: BYDDF) has emerged as an extremely capable, fast-growing EV player that could sell more EVs next year, even when we do not count plug-in hybrids. In October, BYDsold103,000 pure EVs (220,000 including PHEVs), with a growth rate of 150% year over year. That annualizes at more than 1.2 million, with a growth rate that is way higher than the growth rate Tesla has achieved in the recent past. If these trends continue, BYD will easily become the leader in the global EV space by volume, which could put pressure on Tesla&#39;s margins (as BYD could lower market-wide prices thanks to better scale), and which could also result in less interest in Tesla by investors.</p><p>Add other emerging competitors both on the high end, such as Lucid (LCID), and in the value segment (e.g. XPeng (XPEV)), and the picture could be getting worse for Tesla.</p><p><b>Musk&#39;s Behavior</b></p><p>Elon Musk, Tesla&#39;s CEO, is a controversial person. He has many fans, but he also has many critics. And recent things he did could have a negative impact on Tesla&#39;s future performance, I believe.</p><p>First, his actions as the new owner of Twitter did not make everyone happy. Some reacted very negatively to the changes he brought -- it&#39;s possible that this will make some people reconsider buying another EV from Tesla. His suggestions for a peace plan in Ukraine also resulted in some negative PR, which could further reduce the number of people willing to buy from his companies. These controversial actions also could result in more scrutiny by regulators.</p><p>Second, he is now very occupied with Twitter, which will arguably mean that he has less time guiding Tesla. When his time is diverted across many different projects, that could negatively influence the decisions he makes, which could hurt Tesla in the long run.</p><p>Last but not least, Musk continues to sell parts of his stake in Tesla -- despite the fact that hestated that he was &#34;almost done selling&#34; one year ago. Ongoing selling by the most important insider could hurt sentiment further -- that has already been visible in some statements, comments, etc. from investors, and if Musk continues to sell shares, that will likely accelerate.</p><p>So while Elon Musk surely had a large positive impact on Tesla&#39;s performance in the past, Elon Musk&#39;s importance as a Tesla insider also poses a risk for investors that shouldn&#39;t be neglected.</p><p><b>The Macro Environment Is Far From Great</b></p><p>Another problem for Tesla is that the macro environment in many parts of the world isn&#39;t great. Lockdowns in China hurt demand and consumer sentiment, while an energy crisis in Europe and record-high inflation will hurt consumers&#39; ability to buy high-priced vehicles. In the US, inflation remains well above the norm as well, pressuring real disposable income:</p><p><img src=\"https://static.tigerbbs.com/788b74c5822453891b0d2ebda7d1387e\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>With consumers being under pressure, their ability and willingness to buy high-end vehicles will likely shrink. Add rising interest rates, and financing a new vehicle becomes even less attractive. With many people expecting a recession in the US in 2023, it is likely that Tesla and other automobile companies will feel headwinds from an adverse macro environment.</p><p><b>Tesla: A Cheap Money Bubble Stock</b></p><p>Over the last couple of years, and especially in 2020 and 2021, money was ultra-cheap. With interest rates at a very low level, and with investors being interested in ESG themes, higher-growth story stocks such as Tesla saw their valuations expand massively:</p><p><img src=\"https://static.tigerbbs.com/e921162860df808f7e3ecd1edbc10886\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p>Between early 2017 and early 2022, Tesla saw its revenue grow by an attractive 670%. Its market capitalization, however, expanded by more than 3,000% -- there clearly was a big disconnect between Tesla&#39;s underlying performance and the way the market valued the company. As we can see in the above chart, that was mainly due to the massive share price gains in 2020 and 2021 -- before that, Tesla&#39;s revenue had outperformed its market capitalization gains.</p><p>When seemingly endless sums of money are flowing into a stock despite the fact that the underlying performance is lagging far behind, that poses the risk of creating a bubble. Similar issues were visible in other EV stocks at the time, but Tesla has, by far, been the EV stock with the highest market cap, thus the problem was especially noteworthy here. At the peak, Tesla was trading with a market capitalization north of $1.2 trillion, which was an outrageously high company value not too long ago. Even today, only a small number of companies are trading with a market capitalization this high.</p><p>So far this year, Tesla has declined by close to 60%, destroying hundreds of billions of dollars in value. Those that bought Tesla early on are still easily in positive territory, but for those that bought over the last two years or so, Tesla has been far from a success story -- despite the fact that the company continued to grow its revenue and profit. This reminds me of the performance of Cisco (CSCO) and Microsoft (MSFT) following the bursting of the dot.com bubble -- these companies continued to execute well and grew for many years, but the fact that prices were inflated too much during the bubble still resulted in negative price returns for many years.</p><p><b>Shares Have Gotten Cheaper But Aren&#39;t Cheap</b></p><p>With Tesla trading down almost 60% relative to where shares traded at the beginning of the year, TSLA stock has become a lot cheaper. But that doesn&#39;t mean that Tesla is cheap. Tesla still trades at more than 40x forward net profits, and those estimates could see further downward revisions going forward -- estimates were reduced slightly over the last three months, and more of that could be coming, e.g. due to the negative news from China.</p><p>Many other EV companies are trading at way lower price to sales multiples, which are generally around 2 for NIO (NIO), XPeng, Li Auto (LI), versus a sales multiple of more than 6 for Tesla. BYD, Tesla&#39;s biggest and fastest-growing peer, is trading at just 2x this year&#39;s revenue, too, while growing much faster than Tesla.</p><p>So while Tesla&#39;s downside potential is now more limited than one year ago, it is far from guaranteed that Tesla&#39;s shares will bottom soon. Shares could easily fall further, I believe, especially if earnings estimates start to decline more meaningfully or if other additional negative news emerges.</p><p><b>Takeaway</b></p><p>Buying into stocks that are rising can feel good, but it can also be dangerous. Those that chased Tesla during the COVID bubble have paid a steep price already, as Tesla is down almost 60% so far this year.</p><p>With a wide range of problems, headwinds, and risk factors, Tesla could see its shares decline further, however. Once the bubble has popped, there is no guarantee that a bottom will be reached in a short period of time.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: The Bubble Is Popping</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: The Bubble Is Popping\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-25 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4560023-tesla-the-bubble-is-popping><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has seen its shares underperform widely in 2022 so far.The company faces a wide range of issues, including declining prices, slowing demand, and so on.Tesla is still not cheap despite the...</p>\n\n<a href=\"https://seekingalpha.com/article/4560023-tesla-the-bubble-is-popping\">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"},"source_url":"https://seekingalpha.com/article/4560023-tesla-the-bubble-is-popping","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102414813","content_text":"SummaryTesla has seen its shares underperform widely in 2022 so far.The company faces a wide range of issues, including declining prices, slowing demand, and so on.Tesla is still not cheap despite the hefty pullback in 2022. Shares could fall further.Article ThesisTesla (NASDAQ: TSLA) is one of the companies that benefitted the most from ultra-low interest rates and that saw its market capitalization expand massively during the pandemic-impacted years 2020 and 2021. Things are changing, however, and Tesla has vastly underperformed the market so far this year. A multitude of issues hurts Tesla's near-term and longer-term outlook, and since shares are not cheap despite the share price drop this year, there is further downside potential.Tesla Is Facing Many IssuesLet's start with something positive: Tesla is a leading EV player that will generate compelling business growth this year and that operates with above-average margins. That's a pretty strong result for a company that has not been around for many decades.That being said, Tesla is facing a range of headwinds in the coming quarters and years, some of them company-specific, while others are driven by an adverse macro environment. Let's take a look at some of the key issues that could be a problem for Tesla going forward:Pricing And Demand Problems In ChinaChina is, by far, the most important country for Tesla, both when it comes to production and when it comes to sales. Tesla's factory in China is its most profitable one, making Tesla's China business integral to the company as a whole. In China, Tesla is seemingly facing considerable headwinds.The company has been lowering prices repeatedly over the last couple of months, and yet, demand has not been as strong as Tesla hoped it would be, some reports suggest. See, for example, the following excerpt from a report from Seeking Alpha:Seeking AlphaIdeally, investors want to invest in companies with pricing power, where customers are buying up products even as prices increase. Think, for example, Apple's (AAPL) ability to sell more and more iPhones despite rising prices. Tesla has lowered the price of its vehicles in China repeatedly, and yet it looks like demand is waning. After all, there's a wide range of reports that show that delivery times of Tesla's vehicles are declining. This, in turn, suggests that Tesla's backlog is shrinking, i.e. fewer new orders are coming in relative to the vehicles Tesla produces.The combination of declining delivery times and declining prices suggests trouble for Tesla in its most important market. Either, the company will have to lower prices further in order to revive demand, which would put even more pressure on margins, or Tesla could face a situation where it cannot fill capacity, as there aren't enough orders once Tesla has worked through its backlog. Both situations suggest that profitability in Tesla's most important market could come under pressure in the coming quarters.Reliance On ChinaThere's also another China-specific risk. Apart from China-based equities, which are oftentimes priced for disaster today, Tesla could be one of the most exposed companies to this macro risk. It relies heavily on China for manufacturing, it relies heavily on China for sales, as China is the largest EV market in the world, and due to China's dominance when it comes to battery production and all kinds of materials, Tesla also relies heavily on China for supplies. It seems possible that investors will increasingly factor this into their investment decisions, which could result in share price headwinds for Tesla.Growing CompetitionAnother risk factor for Tesla is rising competition. It's true that competition has been a bear argument for years, but it increasingly looks like this is now, in fact, becoming a problem. Not only has Tesla lost the advantage in the highly important electric truck business, as its Cybertruck is still not available while competitors Ford (F) and Rivian (RIVN) are successfully selling their electric pickups, but Tesla is also at risk of losing its leadership position in the EV space, overall. BYD (OTCPK: BYDDY)(OTCPK: BYDDF) has emerged as an extremely capable, fast-growing EV player that could sell more EVs next year, even when we do not count plug-in hybrids. In October, BYDsold103,000 pure EVs (220,000 including PHEVs), with a growth rate of 150% year over year. That annualizes at more than 1.2 million, with a growth rate that is way higher than the growth rate Tesla has achieved in the recent past. If these trends continue, BYD will easily become the leader in the global EV space by volume, which could put pressure on Tesla's margins (as BYD could lower market-wide prices thanks to better scale), and which could also result in less interest in Tesla by investors.Add other emerging competitors both on the high end, such as Lucid (LCID), and in the value segment (e.g. XPeng (XPEV)), and the picture could be getting worse for Tesla.Musk's BehaviorElon Musk, Tesla's CEO, is a controversial person. He has many fans, but he also has many critics. And recent things he did could have a negative impact on Tesla's future performance, I believe.First, his actions as the new owner of Twitter did not make everyone happy. Some reacted very negatively to the changes he brought -- it's possible that this will make some people reconsider buying another EV from Tesla. His suggestions for a peace plan in Ukraine also resulted in some negative PR, which could further reduce the number of people willing to buy from his companies. These controversial actions also could result in more scrutiny by regulators.Second, he is now very occupied with Twitter, which will arguably mean that he has less time guiding Tesla. When his time is diverted across many different projects, that could negatively influence the decisions he makes, which could hurt Tesla in the long run.Last but not least, Musk continues to sell parts of his stake in Tesla -- despite the fact that hestated that he was \"almost done selling\" one year ago. Ongoing selling by the most important insider could hurt sentiment further -- that has already been visible in some statements, comments, etc. from investors, and if Musk continues to sell shares, that will likely accelerate.So while Elon Musk surely had a large positive impact on Tesla's performance in the past, Elon Musk's importance as a Tesla insider also poses a risk for investors that shouldn't be neglected.The Macro Environment Is Far From GreatAnother problem for Tesla is that the macro environment in many parts of the world isn't great. Lockdowns in China hurt demand and consumer sentiment, while an energy crisis in Europe and record-high inflation will hurt consumers' ability to buy high-priced vehicles. In the US, inflation remains well above the norm as well, pressuring real disposable income:Data by YChartsWith consumers being under pressure, their ability and willingness to buy high-end vehicles will likely shrink. Add rising interest rates, and financing a new vehicle becomes even less attractive. With many people expecting a recession in the US in 2023, it is likely that Tesla and other automobile companies will feel headwinds from an adverse macro environment.Tesla: A Cheap Money Bubble StockOver the last couple of years, and especially in 2020 and 2021, money was ultra-cheap. With interest rates at a very low level, and with investors being interested in ESG themes, higher-growth story stocks such as Tesla saw their valuations expand massively:Data by YChartsBetween early 2017 and early 2022, Tesla saw its revenue grow by an attractive 670%. Its market capitalization, however, expanded by more than 3,000% -- there clearly was a big disconnect between Tesla's underlying performance and the way the market valued the company. As we can see in the above chart, that was mainly due to the massive share price gains in 2020 and 2021 -- before that, Tesla's revenue had outperformed its market capitalization gains.When seemingly endless sums of money are flowing into a stock despite the fact that the underlying performance is lagging far behind, that poses the risk of creating a bubble. Similar issues were visible in other EV stocks at the time, but Tesla has, by far, been the EV stock with the highest market cap, thus the problem was especially noteworthy here. At the peak, Tesla was trading with a market capitalization north of $1.2 trillion, which was an outrageously high company value not too long ago. Even today, only a small number of companies are trading with a market capitalization this high.So far this year, Tesla has declined by close to 60%, destroying hundreds of billions of dollars in value. Those that bought Tesla early on are still easily in positive territory, but for those that bought over the last two years or so, Tesla has been far from a success story -- despite the fact that the company continued to grow its revenue and profit. This reminds me of the performance of Cisco (CSCO) and Microsoft (MSFT) following the bursting of the dot.com bubble -- these companies continued to execute well and grew for many years, but the fact that prices were inflated too much during the bubble still resulted in negative price returns for many years.Shares Have Gotten Cheaper But Aren't CheapWith Tesla trading down almost 60% relative to where shares traded at the beginning of the year, TSLA stock has become a lot cheaper. But that doesn't mean that Tesla is cheap. Tesla still trades at more than 40x forward net profits, and those estimates could see further downward revisions going forward -- estimates were reduced slightly over the last three months, and more of that could be coming, e.g. due to the negative news from China.Many other EV companies are trading at way lower price to sales multiples, which are generally around 2 for NIO (NIO), XPeng, Li Auto (LI), versus a sales multiple of more than 6 for Tesla. BYD, Tesla's biggest and fastest-growing peer, is trading at just 2x this year's revenue, too, while growing much faster than Tesla.So while Tesla's downside potential is now more limited than one year ago, it is far from guaranteed that Tesla's shares will bottom soon. Shares could easily fall further, I believe, especially if earnings estimates start to decline more meaningfully or if other additional negative news emerges.TakeawayBuying into stocks that are rising can feel good, but it can also be dangerous. Those that chased Tesla during the COVID bubble have paid a steep price already, as Tesla is down almost 60% so far this year.With a wide range of problems, headwinds, and risk factors, Tesla could see its shares decline further, however. Once the bubble has popped, there is no guarantee that a bottom will be reached in a short period of time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":884117365,"gmtCreate":1631867065657,"gmtModify":1676530656595,"author":{"id":"3586621673805756","authorId":"3586621673805756","name":"Tinymonster","avatar":"https://static.tigerbbs.com/25ff19cdcc374abb816ad76e4bbc077a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Awesome! Kinda expected .. drop too many days .. need recorrection .. and they are seriously oversold","listText":"Awesome! Kinda expected .. drop too many days .. need recorrection .. and they are seriously oversold","text":"Awesome! Kinda expected .. drop too many days .. need recorrection .. and they are seriously oversold","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/884117365","repostId":"1186832781","repostType":4,"repost":{"id":"1186832781","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631866468,"share":"https://www.laohu8.com/m/news/1186832781?lang=&edition=full","pubTime":"2021-09-17 16:14","market":"us","language":"en","title":"Hot chinese concept stocks rallied in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1186832781","media":"Tiger Newspress","summary":"Hot chinese concept stocks rallied in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi","content":"<p>Hot chinese concept stocks rallied in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi Global&nbsp;and&nbsp;KE Holdings&nbsp;climbed between 1% and 4%.</p>\n<p><img src=\"https://static.tigerbbs.com/db64bdd0f1217c315ee5850da3162954\" tg-width=\"407\" tg-height=\"722\" width=\"100%\" height=\"auto\"></p>\n<p></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>Hot chinese concept stocks rallied in premarket trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHot chinese concept stocks rallied in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-17 16:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hot chinese concept stocks rallied in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi Global&nbsp;and&nbsp;KE Holdings&nbsp;climbed between 1% and 4%.</p>\n<p><img src=\"https://static.tigerbbs.com/db64bdd0f1217c315ee5850da3162954\" tg-width=\"407\" tg-height=\"722\" width=\"100%\" height=\"auto\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186832781","content_text":"Hot chinese concept stocks rallied in premarket trading.Alibaba,Pinduoduo,JD.COM,Baidu,Bilibili,Didi Global and KE Holdings climbed between 1% and 4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122250720,"gmtCreate":1624624554760,"gmtModify":1703841988545,"author":{"id":"3586621673805756","authorId":"3586621673805756","name":"Tinymonster","avatar":"https://static.tigerbbs.com/25ff19cdcc374abb816ad76e4bbc077a","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Panasonic news outdated still take it out to say ..it’s been in March and was to improve their quarterly books… they are in need of money so sold tesla shares .. chey&nbsp;","listText":"Panasonic news outdated still take it out to say ..it’s been in March and was to improve their quarterly books… they are in need of money so sold tesla shares .. chey&nbsp;","text":"Panasonic news outdated still take it out to say ..it’s been in March and was to improve their quarterly books… they are in need of money so sold tesla shares .. chey","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122250720","repostId":"1123235741","repostType":4,"repost":{"id":"1123235741","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624621822,"share":"https://www.laohu8.com/m/news/1123235741?lang=&edition=full","pubTime":"2021-06-25 19:50","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1123235741","media":"Tiger Newspress","summary":"(Update: June 25, 2021 at 08:33 a.m. ET)\n\nKey inflation indicator rises 3.4% in May from a year earl","content":"<p><i><b>(Update: June 25, 2021 at 08:33 a.m. ET)</b></i></p>\n<ul>\n <li><b>Key inflation indicator rises 3.4% in May from a year earlier, as expected.</b></li>\n <li>S&amp;P, Nasdaq futures at peaks ahead of crucial inflation report.</li>\n <li>Nike, CarMax, Virgin Galactic &amp; more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June&nbsp;25)&nbsp;<b>The core personal consumption expenditures price index for May was expected to rise 3.4% on a year-over-year basis, according to economists surveyed by Dow Jones.</b>&nbsp;</p>\n<p><i>Related:&nbsp;</i><a href=\"https://laohu8.com/NW/1107282210\" target=\"_blank\"><i>Key inflation indicator posts biggest year-over-year gain in nearly three decades</i></a></p>\n<p><a href=\"https://laohu8.com/NW/1166582624\" target=\"_blank\"><i>Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps</i></a><i></i></p>\n<p>S&amp;P futures traded at record highs, tracking strong gains in Asian markets, as investors braced for the Fed's preferred inflation data following a tentative bipartisan agreement on infrastructure spending, while U.S. lenders rose after clearing stress tests.</p>\n<p>At 7:58&nbsp;am ET S&amp;P futures were up 5pts or 0.12%, Dow Jones futs were up&nbsp;120 or 0.35% and Nasdaq futs were up 10.5 or +0.07%.&nbsp;<b>Global stocks are poised for their biggest weekly advance since April, extending their fifth monthly gain.</b></p>\n<p><img src=\"https://static.tigerbbs.com/3595ef2646654cdba23a65657d7cb0d5\" tg-width=\"1242\" tg-height=\"532\" referrerpolicy=\"no-referrer\"></p>\n<p>In a sign of the ongoing recovery still under way in the U.S., the Labor Department'sweekly jobless claims report out Thursday morningshowed a drop in new filings, even as the margin of improvement came in slightly weaker than expected. <b>And on Friday, investors will be closely watching the Bureau of Economic Analysis' reported on core personal consumption expenditures (PCE), which serves as the Federal Reserve's preferred inflation gauge. This is expected to have risen by 3.4% in May over last year, marking the fastest increase since 1992.</b></p>\n<p>On Thursday, the Nasdaq and the S&amp;P 500 indexes closed at record highs, while the Dow jumped almost 1% after Joe Biden embraced the $1.2 trillion bipartisan Senate spending deal and as data showed a labor market recovery was on track, albeit at a slower pace. Major US banks such as Bank of America, JPMorgan Chase and Citigroup were all higher in premarket trading after all Wall Street banks&nbsp;passed&nbsp;the Federal Reserve’s stress tests, paving the way for over $140 billion in payouts. Nike surged 12% in premarket trading after sneaker maker forecast fiscal full-year sales ahead of Wall Street estimates prompting several analysts to raise their price projections, and helping Dow futures rise 0.3%. In sympathy, Adidas jumped 5.1% to 17-month high, while electricity producer Iberdrola dropped 2.1% to the lowest since early March. The latest evidence of a labor shortage came from FedEx Corp as the U.S. delivery firm missed 2022 earnings forecast due to hiring difficulties. Its shares shed 3.8%.</p>\n<p>Here are some of the other big premarket U.S. movers today:</p>\n<ul>\n <li>Blank-check firm Property Solutions Acquisition (PSAC) rises 16% after it said the registration statement on its merger with electric vehicle maker Faraday Future had been declared effective by the SEC.</li>\n <li>Cannabidiol product seller Grove (GRVI) surges 35% rising further above yesterday’s IPO price of $5 per share.</li>\n <li>Netflix (NFLX) gains 1.3% after Credit Suisse upgraded the stock to outperform, with subscriber growth expected to normalize in 4Q21. A survey by CS of U.S. consumers reinforced the stream platform’s strong competitive position and high user satisfaction.</li>\n <li>Nokia’s U.S. ADRs (NOK) rise 2.9% after Goldman Sachs upgrades the telecom equipment maker to buy from neutral and raises price targets.</li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: Nike, CarMax, Virgin Galactic &amp; more</b></p>\n<p><b>1)&nbsp;Nike(NKE)</b> – Nikereported quarterly earnings of 93 cents per share, well above the 51 cents a share consensus estimate. Revenue beat forecasts by a wide margin and exceeded $12 billion for the first time. Nike benefited from pent-up demand for its shoes and apparel, and saw a 73% jump in direct sales through its apps and websites. Nike shares soared 12.5% in the premarket.</p>\n<p><b>2)&nbsp;CarMax(KMX) </b>– CarMax shares rallied 5.9% in premarket trading after the auto retailer reported better-than-expected sales and profit for its latest quarter. CarMax beat the consensus estimate by $1 a share, with quarterly profit of $2.63, helped by a pandemic-induced preference for cars over public transport.</p>\n<p><b>3)&nbsp;Virgin Galactic(SPCE) </b>– Virgin shares surged 11.5% in the premarket after the Federal Aviation Administration granted approval for Virgin to fly paying customers into space. It’s the first such approval granted by the FAA, and follows a successful test flight by Virgin Galactic in May.</p>\n<p><b>4)&nbsp;FedEx(FDX) </b>– FedEx beat estimates by 2 cents a share, with quarterly earnings of $5.01 per share. The delivery service’s revenue also topped forecasts. CEO Fred Smith said operations are being crimped by an inability to find enough workers, however, and the company will ramp up capital spending by 22% this year to deal with delivery delays. The stock slid 3.9% in premarket trading.</p>\n<p><b>5)&nbsp;Tesla(TSLA) </b>– Japanese electronics giant Panasonic sold its entire stake in Tesla for about $3.6 billion during the most recent fiscal year, according to a Panasonic spokesperson. Panasonic was an early investor in Tesla, and is a major battery supplier for the automaker.</p>\n<p><b>6)&nbsp;Netflix(NFLX)</b> – Netflix rose 1.3% in the premarket following an upgrade to “outperform” from “neutral” at Credit Suisse. The bank said it expects subscriber growth to normalize and that its recent consumer survey reinforced Netflix’s strong competitive position.</p>\n<p><b>7)&nbsp;BlackBerry(BB) </b>– BlackBerry shares added 1.3% in premarket trading after it reported a smaller-than-expected loss for its latest quarter. The security and communications software maker also saw better-than-expected revenue, as a jump in electric vehicle sales boosted demand for BlackBerry’s QNX software.</p>\n<p><b>8)&nbsp;JPMorgan Chase(JPM),Wells Fargo(WFC),Bank of America(BAC),Citigroup(C)</b> – Big bank stocks are on watch today after the Federal Reservegave passing marksto all 23 banks that were subjected to the latest round of stress tests. Following those results, the Fed said it would lift temporary restrictions on dividends and share buybacks.</p>\n<p><b>9)&nbsp;Twilio(TWLO),Asana(ASAN)</b> – Twilio and Asana have agreed to list their shares on the Long-Term Stock Exchange, a Silicon Valley-based operation that is designed to focus on long-term investing. They will continue to list on the New York Stock Exchange as well. The two cloud software companies were early investors in the Long-Term Exchange. Asana jumped 3.3% in premarket trading.</p>\n<p><b>10)&nbsp;Credit Suisse(CS)</b> – Credit Suisse is mulling various overhaul plans including a possible merger with rival European bankUBS(UBS), according to people familiar with the bank’s thinking who spoke to Reuters. Credit Suisse rose 1.2% in the premarket.</p>\n<p><b>11)&nbsp;Doximity(DOCS) </b>– The social network for doctors saw its stock slide 3.9% in the premarket, after going public at $26 per share and closing its first day of trading at $53.</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>Toplines Before US Market Open on Friday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-25 19:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i><b>(Update: June 25, 2021 at 08:33 a.m. ET)</b></i></p>\n<ul>\n <li><b>Key inflation indicator rises 3.4% in May from a year earlier, as expected.</b></li>\n <li>S&amp;P, Nasdaq futures at peaks ahead of crucial inflation report.</li>\n <li>Nike, CarMax, Virgin Galactic &amp; more made the biggest moves in the premarket.</li>\n</ul>\n<p>(June&nbsp;25)&nbsp;<b>The core personal consumption expenditures price index for May was expected to rise 3.4% on a year-over-year basis, according to economists surveyed by Dow Jones.</b>&nbsp;</p>\n<p><i>Related:&nbsp;</i><a href=\"https://laohu8.com/NW/1107282210\" target=\"_blank\"><i>Key inflation indicator posts biggest year-over-year gain in nearly three decades</i></a></p>\n<p><a href=\"https://laohu8.com/NW/1166582624\" target=\"_blank\"><i>Fed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps</i></a><i></i></p>\n<p>S&amp;P futures traded at record highs, tracking strong gains in Asian markets, as investors braced for the Fed's preferred inflation data following a tentative bipartisan agreement on infrastructure spending, while U.S. lenders rose after clearing stress tests.</p>\n<p>At 7:58&nbsp;am ET S&amp;P futures were up 5pts or 0.12%, Dow Jones futs were up&nbsp;120 or 0.35% and Nasdaq futs were up 10.5 or +0.07%.&nbsp;<b>Global stocks are poised for their biggest weekly advance since April, extending their fifth monthly gain.</b></p>\n<p><img src=\"https://static.tigerbbs.com/3595ef2646654cdba23a65657d7cb0d5\" tg-width=\"1242\" tg-height=\"532\" referrerpolicy=\"no-referrer\"></p>\n<p>In a sign of the ongoing recovery still under way in the U.S., the Labor Department'sweekly jobless claims report out Thursday morningshowed a drop in new filings, even as the margin of improvement came in slightly weaker than expected. <b>And on Friday, investors will be closely watching the Bureau of Economic Analysis' reported on core personal consumption expenditures (PCE), which serves as the Federal Reserve's preferred inflation gauge. This is expected to have risen by 3.4% in May over last year, marking the fastest increase since 1992.</b></p>\n<p>On Thursday, the Nasdaq and the S&amp;P 500 indexes closed at record highs, while the Dow jumped almost 1% after Joe Biden embraced the $1.2 trillion bipartisan Senate spending deal and as data showed a labor market recovery was on track, albeit at a slower pace. Major US banks such as Bank of America, JPMorgan Chase and Citigroup were all higher in premarket trading after all Wall Street banks&nbsp;passed&nbsp;the Federal Reserve’s stress tests, paving the way for over $140 billion in payouts. Nike surged 12% in premarket trading after sneaker maker forecast fiscal full-year sales ahead of Wall Street estimates prompting several analysts to raise their price projections, and helping Dow futures rise 0.3%. In sympathy, Adidas jumped 5.1% to 17-month high, while electricity producer Iberdrola dropped 2.1% to the lowest since early March. The latest evidence of a labor shortage came from FedEx Corp as the U.S. delivery firm missed 2022 earnings forecast due to hiring difficulties. Its shares shed 3.8%.</p>\n<p>Here are some of the other big premarket U.S. movers today:</p>\n<ul>\n <li>Blank-check firm Property Solutions Acquisition (PSAC) rises 16% after it said the registration statement on its merger with electric vehicle maker Faraday Future had been declared effective by the SEC.</li>\n <li>Cannabidiol product seller Grove (GRVI) surges 35% rising further above yesterday’s IPO price of $5 per share.</li>\n <li>Netflix (NFLX) gains 1.3% after Credit Suisse upgraded the stock to outperform, with subscriber growth expected to normalize in 4Q21. A survey by CS of U.S. consumers reinforced the stream platform’s strong competitive position and high user satisfaction.</li>\n <li>Nokia’s U.S. ADRs (NOK) rise 2.9% after Goldman Sachs upgrades the telecom equipment maker to buy from neutral and raises price targets.</li>\n</ul>\n<p><b>Stocks making the biggest moves in the premarket: Nike, CarMax, Virgin Galactic &amp; more</b></p>\n<p><b>1)&nbsp;Nike(NKE)</b> – Nikereported quarterly earnings of 93 cents per share, well above the 51 cents a share consensus estimate. Revenue beat forecasts by a wide margin and exceeded $12 billion for the first time. Nike benefited from pent-up demand for its shoes and apparel, and saw a 73% jump in direct sales through its apps and websites. Nike shares soared 12.5% in the premarket.</p>\n<p><b>2)&nbsp;CarMax(KMX) </b>– CarMax shares rallied 5.9% in premarket trading after the auto retailer reported better-than-expected sales and profit for its latest quarter. CarMax beat the consensus estimate by $1 a share, with quarterly profit of $2.63, helped by a pandemic-induced preference for cars over public transport.</p>\n<p><b>3)&nbsp;Virgin Galactic(SPCE) </b>– Virgin shares surged 11.5% in the premarket after the Federal Aviation Administration granted approval for Virgin to fly paying customers into space. It’s the first such approval granted by the FAA, and follows a successful test flight by Virgin Galactic in May.</p>\n<p><b>4)&nbsp;FedEx(FDX) </b>– FedEx beat estimates by 2 cents a share, with quarterly earnings of $5.01 per share. The delivery service’s revenue also topped forecasts. CEO Fred Smith said operations are being crimped by an inability to find enough workers, however, and the company will ramp up capital spending by 22% this year to deal with delivery delays. The stock slid 3.9% in premarket trading.</p>\n<p><b>5)&nbsp;Tesla(TSLA) </b>– Japanese electronics giant Panasonic sold its entire stake in Tesla for about $3.6 billion during the most recent fiscal year, according to a Panasonic spokesperson. Panasonic was an early investor in Tesla, and is a major battery supplier for the automaker.</p>\n<p><b>6)&nbsp;Netflix(NFLX)</b> – Netflix rose 1.3% in the premarket following an upgrade to “outperform” from “neutral” at Credit Suisse. The bank said it expects subscriber growth to normalize and that its recent consumer survey reinforced Netflix’s strong competitive position.</p>\n<p><b>7)&nbsp;BlackBerry(BB) </b>– BlackBerry shares added 1.3% in premarket trading after it reported a smaller-than-expected loss for its latest quarter. The security and communications software maker also saw better-than-expected revenue, as a jump in electric vehicle sales boosted demand for BlackBerry’s QNX software.</p>\n<p><b>8)&nbsp;JPMorgan Chase(JPM),Wells Fargo(WFC),Bank of America(BAC),Citigroup(C)</b> – Big bank stocks are on watch today after the Federal Reservegave passing marksto all 23 banks that were subjected to the latest round of stress tests. Following those results, the Fed said it would lift temporary restrictions on dividends and share buybacks.</p>\n<p><b>9)&nbsp;Twilio(TWLO),Asana(ASAN)</b> – Twilio and Asana have agreed to list their shares on the Long-Term Stock Exchange, a Silicon Valley-based operation that is designed to focus on long-term investing. They will continue to list on the New York Stock Exchange as well. The two cloud software companies were early investors in the Long-Term Exchange. Asana jumped 3.3% in premarket trading.</p>\n<p><b>10)&nbsp;Credit Suisse(CS)</b> – Credit Suisse is mulling various overhaul plans including a possible merger with rival European bankUBS(UBS), according to people familiar with the bank’s thinking who spoke to Reuters. Credit Suisse rose 1.2% in the premarket.</p>\n<p><b>11)&nbsp;Doximity(DOCS) </b>– The social network for doctors saw its stock slide 3.9% in the premarket, after going public at $26 per share and closing its first day of trading at $53.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123235741","content_text":"(Update: June 25, 2021 at 08:33 a.m. ET)\n\nKey inflation indicator rises 3.4% in May from a year earlier, as expected.\nS&P, Nasdaq futures at peaks ahead of crucial inflation report.\nNike, CarMax, Virgin Galactic & more made the biggest moves in the premarket.\n\n(June 25) The core personal consumption expenditures price index for May was expected to rise 3.4% on a year-over-year basis, according to economists surveyed by Dow Jones. \nRelated: Key inflation indicator posts biggest year-over-year gain in nearly three decades\nFed's Favorite Inflation Indicator Surges To Highest Since 1991 As Savings Rate Slumps\nS&P futures traded at record highs, tracking strong gains in Asian markets, as investors braced for the Fed's preferred inflation data following a tentative bipartisan agreement on infrastructure spending, while U.S. lenders rose after clearing stress tests.\nAt 7:58 am ET S&P futures were up 5pts or 0.12%, Dow Jones futs were up 120 or 0.35% and Nasdaq futs were up 10.5 or +0.07%. Global stocks are poised for their biggest weekly advance since April, extending their fifth monthly gain.\n\nIn a sign of the ongoing recovery still under way in the U.S., the Labor Department'sweekly jobless claims report out Thursday morningshowed a drop in new filings, even as the margin of improvement came in slightly weaker than expected. And on Friday, investors will be closely watching the Bureau of Economic Analysis' reported on core personal consumption expenditures (PCE), which serves as the Federal Reserve's preferred inflation gauge. This is expected to have risen by 3.4% in May over last year, marking the fastest increase since 1992.\nOn Thursday, the Nasdaq and the S&P 500 indexes closed at record highs, while the Dow jumped almost 1% after Joe Biden embraced the $1.2 trillion bipartisan Senate spending deal and as data showed a labor market recovery was on track, albeit at a slower pace. Major US banks such as Bank of America, JPMorgan Chase and Citigroup were all higher in premarket trading after all Wall Street banks passed the Federal Reserve’s stress tests, paving the way for over $140 billion in payouts. Nike surged 12% in premarket trading after sneaker maker forecast fiscal full-year sales ahead of Wall Street estimates prompting several analysts to raise their price projections, and helping Dow futures rise 0.3%. In sympathy, Adidas jumped 5.1% to 17-month high, while electricity producer Iberdrola dropped 2.1% to the lowest since early March. The latest evidence of a labor shortage came from FedEx Corp as the U.S. delivery firm missed 2022 earnings forecast due to hiring difficulties. Its shares shed 3.8%.\nHere are some of the other big premarket U.S. movers today:\n\nBlank-check firm Property Solutions Acquisition (PSAC) rises 16% after it said the registration statement on its merger with electric vehicle maker Faraday Future had been declared effective by the SEC.\nCannabidiol product seller Grove (GRVI) surges 35% rising further above yesterday’s IPO price of $5 per share.\nNetflix (NFLX) gains 1.3% after Credit Suisse upgraded the stock to outperform, with subscriber growth expected to normalize in 4Q21. A survey by CS of U.S. consumers reinforced the stream platform’s strong competitive position and high user satisfaction.\nNokia’s U.S. ADRs (NOK) rise 2.9% after Goldman Sachs upgrades the telecom equipment maker to buy from neutral and raises price targets.\n\nStocks making the biggest moves in the premarket: Nike, CarMax, Virgin Galactic & more\n1) Nike(NKE) – Nikereported quarterly earnings of 93 cents per share, well above the 51 cents a share consensus estimate. Revenue beat forecasts by a wide margin and exceeded $12 billion for the first time. Nike benefited from pent-up demand for its shoes and apparel, and saw a 73% jump in direct sales through its apps and websites. Nike shares soared 12.5% in the premarket.\n2) CarMax(KMX) – CarMax shares rallied 5.9% in premarket trading after the auto retailer reported better-than-expected sales and profit for its latest quarter. CarMax beat the consensus estimate by $1 a share, with quarterly profit of $2.63, helped by a pandemic-induced preference for cars over public transport.\n3) Virgin Galactic(SPCE) – Virgin shares surged 11.5% in the premarket after the Federal Aviation Administration granted approval for Virgin to fly paying customers into space. It’s the first such approval granted by the FAA, and follows a successful test flight by Virgin Galactic in May.\n4) FedEx(FDX) – FedEx beat estimates by 2 cents a share, with quarterly earnings of $5.01 per share. The delivery service’s revenue also topped forecasts. CEO Fred Smith said operations are being crimped by an inability to find enough workers, however, and the company will ramp up capital spending by 22% this year to deal with delivery delays. The stock slid 3.9% in premarket trading.\n5) Tesla(TSLA) – Japanese electronics giant Panasonic sold its entire stake in Tesla for about $3.6 billion during the most recent fiscal year, according to a Panasonic spokesperson. Panasonic was an early investor in Tesla, and is a major battery supplier for the automaker.\n6) Netflix(NFLX) – Netflix rose 1.3% in the premarket following an upgrade to “outperform” from “neutral” at Credit Suisse. The bank said it expects subscriber growth to normalize and that its recent consumer survey reinforced Netflix’s strong competitive position.\n7) BlackBerry(BB) – BlackBerry shares added 1.3% in premarket trading after it reported a smaller-than-expected loss for its latest quarter. The security and communications software maker also saw better-than-expected revenue, as a jump in electric vehicle sales boosted demand for BlackBerry’s QNX software.\n8) JPMorgan Chase(JPM),Wells Fargo(WFC),Bank of America(BAC),Citigroup(C) – Big bank stocks are on watch today after the Federal Reservegave passing marksto all 23 banks that were subjected to the latest round of stress tests. Following those results, the Fed said it would lift temporary restrictions on dividends and share buybacks.\n9) Twilio(TWLO),Asana(ASAN) – Twilio and Asana have agreed to list their shares on the Long-Term Stock Exchange, a Silicon Valley-based operation that is designed to focus on long-term investing. They will continue to list on the New York Stock Exchange as well. The two cloud software companies were early investors in the Long-Term Exchange. Asana jumped 3.3% in premarket trading.\n10) Credit Suisse(CS) – Credit Suisse is mulling various overhaul plans including a possible merger with rival European bankUBS(UBS), according to people familiar with the bank’s thinking who spoke to Reuters. Credit Suisse rose 1.2% in the premarket.\n11) Doximity(DOCS) – The social network for doctors saw its stock slide 3.9% in the premarket, after going public at $26 per share and closing its first day of trading at $53.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}