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- Dr RckDr Rck
  ·05-08
  All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?
  Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4
  TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter th
  Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4
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- Tiger_EarningsTiger_Earnings
  ·05-07
  🎁Q1-24 EPS Weekly: DIS, UBER, ABNB, SHOP & More Higher EPS Estimates
  😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat
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  🎁Q1-24 EPS Weekly: DIS, UBER, ABNB, SHOP & More Higher EPS Estimates
- Guavaxf30Guavaxf30
  ·05-07
  Ouch. Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.
  Palantir Slides After Annual Sales Forecast Fails to Impress
  Palantir Technologies Inc. shares slid in extended trading on Monday as the market was unimpressed by the company’s outlook for annual sales after the stock has already tripled in the past year.The co
  Palantir Slides After Annual Sales Forecast Fails to Impress
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- MaxGainMaxGain
  ·05-03
  FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL & RUN FOR THE DOOR!
  Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up
  May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops f
  Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up
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- AndrewinhoAndrewinho
  ·05-03
  Great!! 🚀🚀🚀🚀🚀
  Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations
  May 2 (Reuters) - Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6.2% in extended trade.
  Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations
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- Joe wangJoe wang
  ·05-02
  Previous quarter gross 10B net 450M. Lastest quarter gross 3B net 28M. And it went up so much 🤔.
  Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales
  big upside surprise," Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across th
  Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales
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- LeonardKSWLeonardKSW
  ·05-02
  Wtf.....why usa stocks always over reacting?
  Fastly Stock Tumbles After Weak Forecast
  Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall
  Fastly Stock Tumbles After Weak Forecast
  60 Comment
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- neo26000neo26000
  ·05-01
  Time to switch to kopi-c or kopi-o
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
  April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
  31 Comment
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- AndrewinhoAndrewinho
  ·05-01
  Nice!! 👏👏👏👏
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
  April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
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- AndrewinhoAndrewinho
  ·05-01
  Run? 😱😱😱
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
  April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
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- Success88Success88
  ·05-01
  In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
  April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
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- AndrewinhoAndrewinho
  ·05-01
  Run!! 😱😱😱😱😱😱
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
  April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
  4 Comment
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- AndrewinhoAndrewinho
  ·05-01
  👏👏👏👏👏👏
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
  April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
  11 Comment
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- AndrewinhoAndrewinho
  ·04-26
  👏👏👏🚀🚀🚀
  Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand
  Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted
  Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand
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- Dr RckDr Rck
  ·04-25
  caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!
  Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades
  April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year's boom, sending its shares down 4% in pr
  Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades
  61 Comment
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- Crouchy TigerCrouchy Tiger
  ·04-25
  Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  64 Comment
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- Guavaxf30Guavaxf30
  ·04-25
  Wow. 16% fall is major. Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  46 Comment
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- HJKJHJKJ
  ·04-25
  Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  42 Comment
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- Callum8721Callum8721
  ·04-24
  The demand and supply is looking great
  Toymaker Hasbro's Turnaround Efforts Help Q1 Profit Beat, Ease Sales Decline
  April 24 - Hasbro reported a smaller-than-expected drop in first-quarter sales and easily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys.Shares of the company, up roughly 14% this year, rose about 5% in premarket trading.The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary consumer spending and tight inventory planning by mass retailers like Walmart
  Toymaker Hasbro's Turnaround Efforts Help Q1 Profit Beat, Ease Sales Decline
  10 Comment
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- All in TeslaAll in Tesla
  ·04-24
  I have quite a substantial amount of shares in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊
  Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss
  Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to start production on the cheaper c
  Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss
  97 Comment
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- Tiger_EarningsTiger_Earnings
  ·05-07
  🎁Q1-24 EPS Weekly: DIS, UBER, ABNB, SHOP & More Higher EPS Estimates
  😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat
  1.81K 11
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  🎁Q1-24 EPS Weekly: DIS, UBER, ABNB, SHOP & More Higher EPS Estimates
- Dr RckDr Rck
  ·05-08
  All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?
  Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4
  TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter th
  Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4
  485 5
  65
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  Report
- Guavaxf30Guavaxf30
  ·05-07
  Ouch. Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.
  Palantir Slides After Annual Sales Forecast Fails to Impress
  Palantir Technologies Inc. shares slid in extended trading on Monday as the market was unimpressed by the company’s outlook for annual sales after the stock has already tripled in the past year.The co
  Palantir Slides After Annual Sales Forecast Fails to Impress
  32 Comment
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- MaxGainMaxGain
  ·05-03
  FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL & RUN FOR THE DOOR!
  Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up
  May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops f
  Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up
  361 Comment
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- Success88Success88
  ·05-01
  In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
  April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
  1.44K Comment
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- Joe wangJoe wang
  ·05-02
  Previous quarter gross 10B net 450M. Lastest quarter gross 3B net 28M. And it went up so much 🤔.
  Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales
  big upside surprise," Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across th
  Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales
  38 Comment
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- AndrewinhoAndrewinho
  ·05-03
  Great!! 🚀🚀🚀🚀🚀
  Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations
  May 2 (Reuters) - Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6.2% in extended trade.
  Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations
  0 Comment
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- LeonardKSWLeonardKSW
  ·05-02
  Wtf.....why usa stocks always over reacting?
  Fastly Stock Tumbles After Weak Forecast
  Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall
  Fastly Stock Tumbles After Weak Forecast
  60 Comment
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- neo26000neo26000
  ·05-01
  Time to switch to kopi-c or kopi-o
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
  April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co
  Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets
  31 Comment
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- AndrewinhoAndrewinho
  ·05-01
  Nice!! 👏👏👏👏
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
  April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
  51 Comment
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- AndrewinhoAndrewinho
  ·05-01
  Run? 😱😱😱
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
  April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
  29 Comment
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- AndrewinhoAndrewinho
  ·05-01
  Run!! 😱😱😱😱😱😱
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
  April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue
  Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition
  4 Comment
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- AndrewinhoAndrewinho
  ·05-01
  👏👏👏👏👏👏
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
  April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa
  AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%
  11 Comment
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- HJKJHJKJ
  ·04-25
  Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  42 Comment
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- Dr RckDr Rck
  ·04-25
  caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!
  Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades
  April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year's boom, sending its shares down 4% in pr
  Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades
  61 Comment
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- All in TeslaAll in Tesla
  ·04-24
  I have quite a substantial amount of shares in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊
  Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss
  Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to start production on the cheaper c
  Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss
  97 Comment
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- AndrewinhoAndrewinho
  ·04-26
  👏👏👏🚀🚀🚀
  Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand
  Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted
  Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand
  22 Comment
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- Guavaxf30Guavaxf30
  ·04-25
  Wow. 16% fall is major. Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  46 Comment
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- Crouchy TigerCrouchy Tiger
  ·04-25
  Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second
  Meta Shares Tumble over 15% After Revenue Forecast Disappoints
  64 Comment
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- FGPFGP
  ·04-24
  By the time elong launch cheaper cars... china EVs sold more and much cheaper. Tough
  Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss
  Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to start production on the cheaper c
  Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss
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This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?","listText":"All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?","text":"All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":65,"commentSize":5,"repostSize":2,"link":"https://ttm.financial/post/303701789204624","repostId":"1159837993","repostType":2,"repost":{"id":"1159837993","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1715144859,"share":"https://www.laohu8.com/m/news/1159837993?lang=&edition=full","pubTime":"2024-05-08 13:07","market":"us","language":"en","title":"Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4","url":"https://stock-news.laohu8.com/highlight/detail?id=1159837993","media":"Reuters","summary":"TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter th","content":"<html><head></head><body><p>TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter that just ended.</p><p>The world&#39;s top-selling automaker expects operating income to total 4.3 trillion yen ($28 billion) in the year to March 2025, versus 5.35 trillion yen in the year that just ended.</p><p>Toyota said the forecast took into account investments of 380 billion yen in &#34;human capital&#34;, including providing support for labour costs of suppliers and dealers, as well as investments for its &#34;multi-pathway&#34; strategy.</p><p>That strategy, of pursuing multiple types of powertrain for cars - including hybrids, plug-in hybrids and battery EVs - appears to be paying dividends for Toyota as drivers have cooled on EVs in many markets in recent months.</p><p>In the January-March fourth quarter, Toyota delivered a 78% increase in operating profit, of 1.11 trillion yen. That compared to the 747.3 billion yen average of nine analyst estimates compiled by LSEG.</p><p>The result was helped by the weak yen lifting the value of overseas sales, as well as solid demand.</p><p>Still, Toyota is not without its challenges, particularly in key markets such as China, where it has struggled to keep up with the pace at which a growing number of local manufacturers are rolling out software-loaded electric vehicles.</p><p>($1 = 155.1400 yen)</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>Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4</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\">\nToyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-08 13:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter that just ended.</p><p>The world&#39;s top-selling automaker expects operating income to total 4.3 trillion yen ($28 billion) in the year to March 2025, versus 5.35 trillion yen in the year that just ended.</p><p>Toyota said the forecast took into account investments of 380 billion yen in &#34;human capital&#34;, including providing support for labour costs of suppliers and dealers, as well as investments for its &#34;multi-pathway&#34; strategy.</p><p>That strategy, of pursuing multiple types of powertrain for cars - including hybrids, plug-in hybrids and battery EVs - appears to be paying dividends for Toyota as drivers have cooled on EVs in many markets in recent months.</p><p>In the January-March fourth quarter, Toyota delivered a 78% increase in operating profit, of 1.11 trillion yen. That compared to the 747.3 billion yen average of nine analyst estimates compiled by LSEG.</p><p>The result was helped by the weak yen lifting the value of overseas sales, as well as solid demand.</p><p>Still, Toyota is not without its challenges, particularly in key markets such as China, where it has struggled to keep up with the pace at which a growing number of local manufacturers are rolling out software-loaded electric vehicles.</p><p>($1 = 155.1400 yen)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TM":"丰田汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159837993","content_text":"TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter that just ended.The world's top-selling automaker expects operating income to total 4.3 trillion yen ($28 billion) in the year to March 2025, versus 5.35 trillion yen in the year that just ended.Toyota said the forecast took into account investments of 380 billion yen in \"human capital\", including providing support for labour costs of suppliers and dealers, as well as investments for its \"multi-pathway\" strategy.That strategy, of pursuing multiple types of powertrain for cars - including hybrids, plug-in hybrids and battery EVs - appears to be paying dividends for Toyota as drivers have cooled on EVs in many markets in recent months.In the January-March fourth quarter, Toyota delivered a 78% increase in operating profit, of 1.11 trillion yen. That compared to the 747.3 billion yen average of nine analyst estimates compiled by LSEG.The result was helped by the weak yen lifting the value of overseas sales, as well as solid demand.Still, Toyota is not without its challenges, particularly in key markets such as China, where it has struggled to keep up with the pace at which a growing number of local manufacturers are rolling out software-loaded electric vehicles.($1 = 155.1400 yen)","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0},"content":"Car sales continues to tumble worldwide. Toyota issues guidance for higher costs for materials and lower sales citing serious price war in China; Mercedes switching back to gas combustion automobile for sale as EV drags; so undoubtedly these are headwinds for a lot of car companies; if Fed cuts can come sooner otherwise return of equity suffers, but only pocketed sectors are thriving like AI but even ARM has sounded warnings that AI will wane soon as it suffers drop in revenue","text":"Car sales continues to tumble worldwide. Toyota issues guidance for higher costs for materials and lower sales citing serious price war in China; Mercedes switching back to gas combustion automobile for sale as EV drags; so undoubtedly these are headwinds for a lot of car companies; if Fed cuts can come sooner otherwise return of equity suffers, but only pocketed sectors are thriving like AI but even ARM has sounded warnings that AI will wane soon as it suffers drop in revenue","html":"Car sales continues to tumble worldwide. Toyota issues guidance for higher costs for materials and lower sales citing serious price war in China; Mercedes switching back to gas combustion automobile for sale as EV drags; so undoubtedly these are headwinds for a lot of car companies; if Fed cuts can come sooner otherwise return of equity suffers, but only pocketed sectors are thriving like AI but even ARM has sounded warnings that AI will wane soon as it suffers drop in revenue"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303287998722096,"gmtCreate":1715080865500,"gmtModify":1715158086384,"author":{"id":"3527667620927015","authorId":"3527667620927015","name":"Tiger_Earnings","avatar":"https://static.tigerbbs.com/1849fb1fb43d93db3974fd09c5f65ff1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"🎁Q1-24 EPS Weekly: DIS, UBER, ABNB, SHOP & More Higher EPS Estimates","htmlText":"😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat","listText":"😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat","text":"😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat","images":[{"img":"https://community-static.tradeup.com/news/25ff2c854ac872a541123e48331579c8","width":"1080","height":"1500"},{"img":"https://community-static.tradeup.com/news/f0c0896267ae3c171dae556aa530abfd","width":"1080","height":"1500"},{"img":"https://community-static.tradeup.com/news/76f3fbd94a3d0397caf5918c8ba8850b","width":"2245","height":"1587"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":21,"commentSize":11,"repostSize":13,"link":"https://ttm.financial/post/303287998722096","isVote":1,"tweetType":1,"viewCount":1811,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4132300740238052","authorId":"4132300740238052","name":"icycrystal","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0},"content":"nothing on the list pops up... perhaps am more towards $McDonald's(MCD)$ $Coca-Cola(KO)$ $Wal-Mart(WMT)$ $Adobe(ADBE)$ these are the companies am more comfortable with, knowing they are well known brands globally and being a house brands for some... @TigerGPT @Universe宇宙 @koolgal @Shyon @rL @LMSunshine @Aqa @GoodLife99 @HelenJanet Which stock is in your watch list? What stocks are you bullish on? How are your stock's EPS performed？","text":"nothing on the list pops up... perhaps am more towards $McDonald's(MCD)$ $Coca-Cola(KO)$ $Wal-Mart(WMT)$ $Adobe(ADBE)$ these are the companies am more comfortable with, knowing they are well known brands globally and being a house brands for some... @TigerGPT @Universe宇宙 @koolgal @Shyon @rL @LMSunshine @Aqa @GoodLife99 @HelenJanet Which stock is in your watch list? What stocks are you bullish on? How are your stock's EPS performed？","html":"nothing on the list pops up... perhaps am more towards $McDonald's(MCD)$ $Coca-Cola(KO)$ $Wal-Mart(WMT)$ $Adobe(ADBE)$ these are the companies am more comfortable with, knowing they are well known brands globally and being a house brands for some... @TigerGPT @Universe宇宙 @koolgal @Shyon @rL @LMSunshine @Aqa @GoodLife99 @HelenJanet Which stock is in your watch list? What stocks are you bullish on? How are your stock's EPS performed？"}],"imageCount":3,"langContent":"EN","totalScore":0},{"id":303117063139440,"gmtCreate":1715038798034,"gmtModify":1715038803152,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Ouch.&nbsp; Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.","listText":"Ouch.&nbsp; Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.","text":"Ouch. Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303117063139440","repostId":"1131460955","repostType":2,"repost":{"id":"1131460955","pubTimestamp":1715034080,"share":"https://www.laohu8.com/m/news/1131460955?lang=&edition=full","pubTime":"2024-05-07 06:21","market":"us","language":"en","title":"Palantir Slides After Annual Sales Forecast Fails to Impress","url":"https://stock-news.laohu8.com/highlight/detail?id=1131460955","media":"Bloomberg","summary":"Palantir Technologies Inc. shares slid in extended trading on Monday as the market was unimpressed by the company’s outlook for annual sales after the stock has already tripled in the past year.The co","content":"<html><head></head><body><ul style=\"\"><li><p>Company effort to sell overseas struggled in the quarter</p></li><li><p>Revenue from US companies gains on demand for AI tools</p></li></ul><p>Palantir Technologies Inc. shares slid in extended trading on Monday as the market appeared unimpressed by the company’s outlook for annual sales after the stock has tripled in the past year.</p><p style=\"text-align: start;\">The company nudged its annual revenue forecast slightly higher to a range of $2.68 billion to $2.69 billion. Analysts expected $2.68 billion, on average, according to data compiled by Bloomberg. The company raised its outlook for adjusted operating income to a range of $868 million to $880 million. Analysts, on average, estimated $846.6 million, according to data compiled by Bloomberg.</p><p style=\"text-align: start;\">The stock tumbled as much as 8.4% in extended trading after closing at $25.21 in New York. The company has been one of the marquee stocks of the tech world’s current AI frenzy, with new products helping to catapult it more than 200% over the last 12 months.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e5d043a475be760a7125a09fba2668a\" tg-width=\"841\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Palantir, co-founded by Peter Thiel, develops software and analysis tools for companies and government agencies allied with American interests. Its roots are in government sales — the venture arm of the US Central Intelligence Agency was among the initial backers — but “unbridled and growing demand” from US companies for its artificial intelligence software now drives the business, Chief Executive Officer Alex Karp told shareholders in a letter.</p><p>Still, the company reported faltering efforts in its bid to sell overseas. Palantir’s international commercial business declined 3% sequentially during the quarter as a result of continued headwinds in Europe and a previously noted revenue catch-up during the fourth quarter, executives said on a conference call after the results were released.</p><p style=\"text-align: start;\">“We do have headwinds in Europe,” which contributes 16% of the company’s business, Karp said during the call. “Europe is gliding toward 0% GDP growth over the next couple of years. That is a problem for us. There is no easy remedy for that.”</p><p>Palantir sells its AI software through boot camps, an engineer-led strategy to get customers up and running in just a few days instead of months. The Denver-based company credits those events for increasing US commercial customers by 69% to 262 during the first quarter. Revenue growth from government contracts is now increasing at a slower pace than commercial revenue and analysts expect commercial sales to eclipse those from governments next year.</p><p style=\"text-align: start;\">Palantir reported $335 million in government revenue in the first quarter, up 16%, and $299 million in commercial revenue, a 27% increase from a year earlier.</p><p style=\"text-align: start;\">“Palantir’s commercial segment saw another strong quarter with 40% growth in the US, but gains are likely to taper” in the second half at this business and the government unit, Bloomberg Intelligence analyst Mandeep Singh wrote in a research note. Billings growth of 2% in the first quarter “suggests a lack of pipeline visibility, even with commercial’s solid customer additions.”</p><p>The company posted sales of $634.3 million for the three months ended March 31, up 21% from a year earlier. Analysts had estimated $615.8 million in sales, according to data compiled by Bloomberg. Net income was $106 million, its largest quarterly profit ever, far surpassing the average estimate for $83 million. Palantir reported its first profitable year in 2023.</p><p>In the current quarter, Palantir said it expects revenue of $649 million to $653 million and adjusted income from operations of $209 million to $213 million.</p></body></html>","source":"lsy1584095487587","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>Palantir Slides After Annual Sales Forecast Fails to Impress</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\">\nPalantir Slides After Annual Sales Forecast Fails to Impress\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-07 06:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-05-06/palantir-beats-sales-estimates-raises-outlook-on-ai-enthusiasm><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company effort to sell overseas struggled in the quarterRevenue from US companies gains on demand for AI toolsPalantir Technologies Inc. shares slid in extended trading on Monday as the market ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-05-06/palantir-beats-sales-estimates-raises-outlook-on-ai-enthusiasm\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-05-06/palantir-beats-sales-estimates-raises-outlook-on-ai-enthusiasm","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131460955","content_text":"Company effort to sell overseas struggled in the quarterRevenue from US companies gains on demand for AI toolsPalantir Technologies Inc. shares slid in extended trading on Monday as the market appeared unimpressed by the company’s outlook for annual sales after the stock has tripled in the past year.The company nudged its annual revenue forecast slightly higher to a range of $2.68 billion to $2.69 billion. Analysts expected $2.68 billion, on average, according to data compiled by Bloomberg. The company raised its outlook for adjusted operating income to a range of $868 million to $880 million. Analysts, on average, estimated $846.6 million, according to data compiled by Bloomberg.The stock tumbled as much as 8.4% in extended trading after closing at $25.21 in New York. The company has been one of the marquee stocks of the tech world’s current AI frenzy, with new products helping to catapult it more than 200% over the last 12 months.Palantir, co-founded by Peter Thiel, develops software and analysis tools for companies and government agencies allied with American interests. Its roots are in government sales — the venture arm of the US Central Intelligence Agency was among the initial backers — but “unbridled and growing demand” from US companies for its artificial intelligence software now drives the business, Chief Executive Officer Alex Karp told shareholders in a letter.Still, the company reported faltering efforts in its bid to sell overseas. Palantir’s international commercial business declined 3% sequentially during the quarter as a result of continued headwinds in Europe and a previously noted revenue catch-up during the fourth quarter, executives said on a conference call after the results were released.“We do have headwinds in Europe,” which contributes 16% of the company’s business, Karp said during the call. “Europe is gliding toward 0% GDP growth over the next couple of years. That is a problem for us. There is no easy remedy for that.”Palantir sells its AI software through boot camps, an engineer-led strategy to get customers up and running in just a few days instead of months. The Denver-based company credits those events for increasing US commercial customers by 69% to 262 during the first quarter. Revenue growth from government contracts is now increasing at a slower pace than commercial revenue and analysts expect commercial sales to eclipse those from governments next year.Palantir reported $335 million in government revenue in the first quarter, up 16%, and $299 million in commercial revenue, a 27% increase from a year earlier.“Palantir’s commercial segment saw another strong quarter with 40% growth in the US, but gains are likely to taper” in the second half at this business and the government unit, Bloomberg Intelligence analyst Mandeep Singh wrote in a research note. Billings growth of 2% in the first quarter “suggests a lack of pipeline visibility, even with commercial’s solid customer additions.”The company posted sales of $634.3 million for the three months ended March 31, up 21% from a year earlier. Analysts had estimated $615.8 million in sales, according to data compiled by Bloomberg. Net income was $106 million, its largest quarterly profit ever, far surpassing the average estimate for $83 million. Palantir reported its first profitable year in 2023.In the current quarter, Palantir said it expects revenue of $649 million to $653 million and adjusted income from operations of $209 million to $213 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301856333893824,"gmtCreate":1714714899372,"gmtModify":1714715941476,"author":{"id":"3575426937784230","authorId":"3575426937784230","name":"MaxGain","avatar":"https://static.tigerbbs.com/1e7ec5528a5a65cfeab0826428adcb08","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&amp;D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL &amp; RUN FOR THE DOOR!","listText":"FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&amp;D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL &amp; RUN FOR THE DOOR!","text":"FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL & RUN FOR THE DOOR!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301856333893824","repostId":"2432956434","repostType":2,"repost":{"id":"2432956434","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714689600,"share":"https://www.laohu8.com/m/news/2432956434?lang=&edition=full","pubTime":"2024-05-03 06:40","market":"us","language":"en","title":"Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up","url":"https://stock-news.laohu8.com/highlight/detail?id=2432956434","media":"Reuters","summary":"May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops f","content":"<html><head></head><body><p>May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops for cybersecurity tools.</p><p>Shares of the Sunnyvale, California-based company fell about 8% in trading after the bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1ff346825ce20d869536c9a74b4f0500\" tg-width=\"842\" tg-height=\"622\"/></p><p>High-interest rates have crimped enterprise spending as businesses grapple with economic uncertainty and look to preserve cash balances.</p><p>The company expects second-quarter billings between $1.49 billion and $1.55 billion, largely below analysts&#39; estimates of $1.54, according to LSEG data.</p><p>Billings are the invoice amounts billed to customers in a given time period. Analysts use billings to determine cash flow as they represent money the company expects to receive soon.</p><p>It reported billings of $1.41 billion, down 6.4% in the first quarter, compared with estimates of $1.43 billion.</p><p>Meanwhile, Fortinet&#39;s rivals, such as Palo Alto Networks and Crowdstrike Holdings, have gained market share in the past year as companies have been adopting more efficient and less expensive consolidated cybersecurity platforms that contain tools for a variety of applications.</p><p>Fortinet expects second-quarter revenue between $1.375 billion and $1.435 billion, compared with analysts&#39; estimates of $1.39 billion, according to LSEG data.</p><p>It posted revenue of $1.35 billion in the first quarter, up 7.2%, just about beating estimates of $1.34 billion.</p><p>Adjusted profit in the first quarter stood at 43 cents per share, compared with estimates of 38 cents per share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up</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\">\nFortinet Projects Quarterly Billings Below Estimates As Competition Heats up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-03 06:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops for cybersecurity tools.</p><p>Shares of the Sunnyvale, California-based company fell about 8% in trading after the bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1ff346825ce20d869536c9a74b4f0500\" tg-width=\"842\" tg-height=\"622\"/></p><p>High-interest rates have crimped enterprise spending as businesses grapple with economic uncertainty and look to preserve cash balances.</p><p>The company expects second-quarter billings between $1.49 billion and $1.55 billion, largely below analysts&#39; estimates of $1.54, according to LSEG data.</p><p>Billings are the invoice amounts billed to customers in a given time period. Analysts use billings to determine cash flow as they represent money the company expects to receive soon.</p><p>It reported billings of $1.41 billion, down 6.4% in the first quarter, compared with estimates of $1.43 billion.</p><p>Meanwhile, Fortinet&#39;s rivals, such as Palo Alto Networks and Crowdstrike Holdings, have gained market share in the past year as companies have been adopting more efficient and less expensive consolidated cybersecurity platforms that contain tools for a variety of applications.</p><p>Fortinet expects second-quarter revenue between $1.375 billion and $1.435 billion, compared with analysts&#39; estimates of $1.39 billion, according to LSEG data.</p><p>It posted revenue of $1.35 billion in the first quarter, up 7.2%, just about beating estimates of $1.34 billion.</p><p>Adjusted profit in the first quarter stood at 43 cents per share, compared with estimates of 38 cents per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4528":"SaaS概念","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU0289739699.SGD":"AB INTERNATIONAL HEALTH CARE PORTFOLIO \"A\" (SGD) ACC","IE00B2B36J28.USD":"JANUS HENDERSON GLOBAL LIFE SCIENCES \"I1\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4585":"ETF&股票定投概念","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","FTNT":"飞塔信息","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4588":"碎股","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","BK4154":"管理型保健护理","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","IE00BFTCPJ56.SGD":"Janus Henderson Global Life Sciences A Acc SGD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4560":"网络安全概念","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4581":"高盛持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432956434","content_text":"May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops for cybersecurity tools.Shares of the Sunnyvale, California-based company fell about 8% in trading after the bell.High-interest rates have crimped enterprise spending as businesses grapple with economic uncertainty and look to preserve cash balances.The company expects second-quarter billings between $1.49 billion and $1.55 billion, largely below analysts' estimates of $1.54, according to LSEG data.Billings are the invoice amounts billed to customers in a given time period. Analysts use billings to determine cash flow as they represent money the company expects to receive soon.It reported billings of $1.41 billion, down 6.4% in the first quarter, compared with estimates of $1.43 billion.Meanwhile, Fortinet's rivals, such as Palo Alto Networks and Crowdstrike Holdings, have gained market share in the past year as companies have been adopting more efficient and less expensive consolidated cybersecurity platforms that contain tools for a variety of applications.Fortinet expects second-quarter revenue between $1.375 billion and $1.435 billion, compared with analysts' estimates of $1.39 billion, according to LSEG data.It posted revenue of $1.35 billion in the first quarter, up 7.2%, just about beating estimates of $1.34 billion.Adjusted profit in the first quarter stood at 43 cents per share, compared with estimates of 38 cents per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301773751599136,"gmtCreate":1714691253898,"gmtModify":1714691257699,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great!! 🚀🚀🚀🚀🚀","listText":"Great!! 🚀🚀🚀🚀🚀","text":"Great!! 🚀🚀🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301773751599136","repostId":"2432995638","repostType":4,"repost":{"id":"2432995638","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714723230,"share":"https://www.laohu8.com/m/news/2432995638?lang=&edition=full","pubTime":"2024-05-03 16:00","market":"us","language":"en","title":"Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2432995638","media":"Reuters","summary":"May 2 (Reuters) - Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6.2% in extended trade.","content":"<html><head></head><body><p>May 2 (Reuters) - Apple&#39;s quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 5.5% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc49cba9626472a58ca3f0c62f996b9d\" tg-width=\"836\" tg-height=\"823\"/></p><p>Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company&#39;s history, according to Investing.com analyst Thomas Monteiro.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a137507a5f6102524de5183d5f0d0aa7\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>Apple&#39;s quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.</p><p>The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.</p><p>Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, according to LSEG data.</p><p>For Apple&#39;s current quarter, which ends in June, Cook told Reuters the iPhone maker expects &#34;to grow low-single digits&#34; in overall revenue. Wall Street expected 1.33% revenue growth to $82.89 billion, according to LSEG data.</p><p>Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling 10% this year as it struggles with weak iPhone demand and tough competition in China.</p><p>Apple expects current-quarter services and iPad revenue to grow by double digits, CFO Luca Maestri told analysts on a conference call. The company expects gross margins of between 45.5% and 46.5% for the fiscal third quarter.</p><p>Apple faces a raft of challenges across its business. Smartphone rivals such as Samsung Electronics have introduced competing devices aimed at hosting artificial-intelligence chatbots.</p><p>On the regulatory front, Apple&#39;s services business, which contains its lucrative App Store and was one of the few areas of growth in the fiscal second quarter, is under pressure from a new law in Europe. In the United States, the Department of Justice in March accused Apple of monopolizing the smartphone market and driving up prices.</p><p>For the fiscal second quarter, iPhone sales fell 10.5% to $45.96 billion, compared with analyst expectations of $46 billion. Apple executives said in February that the year-ago fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the company caught up from supply-chain snarls during pandemic lockdowns.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/84960a4ebacffbdcc164d98335997d04\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1070\"/><span>Reuters Graphics</span></p><p>Excluding that one-time phenomenon, iPhone sales were down only slightly as the Cupertino, California, company&#39;s signature product faces stiff competition. In China, Huawei Technology (HWT.UL) has gained market share.</p><p>Cook said that iPhone sales still experienced &#34;growth in some markets, including China.&#34;</p><p>Apple&#39;s revenue decline in China was not as steep as analysts expected, with Greater China sales of $16.37 billion for the fiscal second quarter that ended March 30, down 8.1% and above analyst expectations of $15.59 billion, according to data from Visible Alpha.</p><p>Apple has said little about its product plans for artificial intelligence, the technology on which rivals Microsoft and Alphabet&#39;s Google are placing huge bets. The company started ramping up research and development spending last year, and Cook said the company has spent more than $100 billion on R&amp;D in the past five years.</p><p>&#34;We continue to feel very bullish about our opportunity in generative AI and we&#39;re making significant investments,&#34; he said. &#34;We&#39;re looking forward to sharing some very exciting things with our customers&#34; at events later this year, Cook said.</p><p>Monteiro of Investing.com said Apple&#39;s massive share buyback can help buy it time and trust with investors as it works to bring AI into its products.</p><p>&#34;It&#39;s certainly a great time to resort to this strategy as, on the one hand, the stock remains relatively fairly priced, and, on the other hand, it needs to garner solid support for a structural shift that may very well take several quarters to play out,&#34; he said in a note.</p><p>Apple&#39;s quarterly earnings per share were $1.53, above Wall Street estimates of $1.50, according to LSEG data.</p><p>Sales in Apple&#39;s services segment, which also represents Apple Music and TV offerings, rose to $23.87 billion, above analyst expectations of $23.27 billion, according to LSEG data.</p><p>Analysts had expected Mac sales to decline in the fiscal second quarter, but they instead grew to $7.5 billion, compared with estimates of $6.86 billion, according to LSEG data.</p><p>&#34;They were really driven by the strength of the new MacBook Air that&#39;s powered by the M3 chip,&#34; Cook said. &#34;About half of our MacBook Air buyers during the quarter were new to the Mac.&#34;</p><p>The company&#39;s sales in the iPad segment declined to $5.56 billion, below analyst expectations of $5.91 billion.</p><p>In the company&#39;s wearables segment, which represents sales of Apple Watches and AirPods headphones, sales fell to $7.91 billion, compared with analyst estimates of $8.08 billion, according to LSEG data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Unveils Record $110 Billion Buyback As Results Beat Low Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-03 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 2 (Reuters) - Apple&#39;s quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 5.5% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc49cba9626472a58ca3f0c62f996b9d\" tg-width=\"836\" tg-height=\"823\"/></p><p>Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company&#39;s history, according to Investing.com analyst Thomas Monteiro.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a137507a5f6102524de5183d5f0d0aa7\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>Apple&#39;s quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.</p><p>The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.</p><p>Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, according to LSEG data.</p><p>For Apple&#39;s current quarter, which ends in June, Cook told Reuters the iPhone maker expects &#34;to grow low-single digits&#34; in overall revenue. Wall Street expected 1.33% revenue growth to $82.89 billion, according to LSEG data.</p><p>Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling 10% this year as it struggles with weak iPhone demand and tough competition in China.</p><p>Apple expects current-quarter services and iPad revenue to grow by double digits, CFO Luca Maestri told analysts on a conference call. The company expects gross margins of between 45.5% and 46.5% for the fiscal third quarter.</p><p>Apple faces a raft of challenges across its business. Smartphone rivals such as Samsung Electronics have introduced competing devices aimed at hosting artificial-intelligence chatbots.</p><p>On the regulatory front, Apple&#39;s services business, which contains its lucrative App Store and was one of the few areas of growth in the fiscal second quarter, is under pressure from a new law in Europe. In the United States, the Department of Justice in March accused Apple of monopolizing the smartphone market and driving up prices.</p><p>For the fiscal second quarter, iPhone sales fell 10.5% to $45.96 billion, compared with analyst expectations of $46 billion. Apple executives said in February that the year-ago fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the company caught up from supply-chain snarls during pandemic lockdowns.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/84960a4ebacffbdcc164d98335997d04\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1070\"/><span>Reuters Graphics</span></p><p>Excluding that one-time phenomenon, iPhone sales were down only slightly as the Cupertino, California, company&#39;s signature product faces stiff competition. In China, Huawei Technology (HWT.UL) has gained market share.</p><p>Cook said that iPhone sales still experienced &#34;growth in some markets, including China.&#34;</p><p>Apple&#39;s revenue decline in China was not as steep as analysts expected, with Greater China sales of $16.37 billion for the fiscal second quarter that ended March 30, down 8.1% and above analyst expectations of $15.59 billion, according to data from Visible Alpha.</p><p>Apple has said little about its product plans for artificial intelligence, the technology on which rivals Microsoft and Alphabet&#39;s Google are placing huge bets. The company started ramping up research and development spending last year, and Cook said the company has spent more than $100 billion on R&amp;D in the past five years.</p><p>&#34;We continue to feel very bullish about our opportunity in generative AI and we&#39;re making significant investments,&#34; he said. &#34;We&#39;re looking forward to sharing some very exciting things with our customers&#34; at events later this year, Cook said.</p><p>Monteiro of Investing.com said Apple&#39;s massive share buyback can help buy it time and trust with investors as it works to bring AI into its products.</p><p>&#34;It&#39;s certainly a great time to resort to this strategy as, on the one hand, the stock remains relatively fairly priced, and, on the other hand, it needs to garner solid support for a structural shift that may very well take several quarters to play out,&#34; he said in a note.</p><p>Apple&#39;s quarterly earnings per share were $1.53, above Wall Street estimates of $1.50, according to LSEG data.</p><p>Sales in Apple&#39;s services segment, which also represents Apple Music and TV offerings, rose to $23.87 billion, above analyst expectations of $23.27 billion, according to LSEG data.</p><p>Analysts had expected Mac sales to decline in the fiscal second quarter, but they instead grew to $7.5 billion, compared with estimates of $6.86 billion, according to LSEG data.</p><p>&#34;They were really driven by the strength of the new MacBook Air that&#39;s powered by the M3 chip,&#34; Cook said. &#34;About half of our MacBook Air buyers during the quarter were new to the Mac.&#34;</p><p>The company&#39;s sales in the iPad segment declined to $5.56 billion, below analyst expectations of $5.91 billion.</p><p>In the company&#39;s wearables segment, which represents sales of Apple Watches and AirPods headphones, sales fell to $7.91 billion, compared with analyst estimates of $8.08 billion, according to LSEG data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432995638","content_text":"May 2 (Reuters) - Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 5.5% in premarket trade.Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history, according to Investing.com analyst Thomas Monteiro.Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, according to LSEG data.For Apple's current quarter, which ends in June, Cook told Reuters the iPhone maker expects \"to grow low-single digits\" in overall revenue. Wall Street expected 1.33% revenue growth to $82.89 billion, according to LSEG data.Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling 10% this year as it struggles with weak iPhone demand and tough competition in China.Apple expects current-quarter services and iPad revenue to grow by double digits, CFO Luca Maestri told analysts on a conference call. The company expects gross margins of between 45.5% and 46.5% for the fiscal third quarter.Apple faces a raft of challenges across its business. Smartphone rivals such as Samsung Electronics have introduced competing devices aimed at hosting artificial-intelligence chatbots.On the regulatory front, Apple's services business, which contains its lucrative App Store and was one of the few areas of growth in the fiscal second quarter, is under pressure from a new law in Europe. In the United States, the Department of Justice in March accused Apple of monopolizing the smartphone market and driving up prices.For the fiscal second quarter, iPhone sales fell 10.5% to $45.96 billion, compared with analyst expectations of $46 billion. Apple executives said in February that the year-ago fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the company caught up from supply-chain snarls during pandemic lockdowns.Reuters GraphicsExcluding that one-time phenomenon, iPhone sales were down only slightly as the Cupertino, California, company's signature product faces stiff competition. In China, Huawei Technology (HWT.UL) has gained market share.Cook said that iPhone sales still experienced \"growth in some markets, including China.\"Apple's revenue decline in China was not as steep as analysts expected, with Greater China sales of $16.37 billion for the fiscal second quarter that ended March 30, down 8.1% and above analyst expectations of $15.59 billion, according to data from Visible Alpha.Apple has said little about its product plans for artificial intelligence, the technology on which rivals Microsoft and Alphabet's Google are placing huge bets. The company started ramping up research and development spending last year, and Cook said the company has spent more than $100 billion on R&D in the past five years.\"We continue to feel very bullish about our opportunity in generative AI and we're making significant investments,\" he said. \"We're looking forward to sharing some very exciting things with our customers\" at events later this year, Cook said.Monteiro of Investing.com said Apple's massive share buyback can help buy it time and trust with investors as it works to bring AI into its products.\"It's certainly a great time to resort to this strategy as, on the one hand, the stock remains relatively fairly priced, and, on the other hand, it needs to garner solid support for a structural shift that may very well take several quarters to play out,\" he said in a note.Apple's quarterly earnings per share were $1.53, above Wall Street estimates of $1.50, according to LSEG data.Sales in Apple's services segment, which also represents Apple Music and TV offerings, rose to $23.87 billion, above analyst expectations of $23.27 billion, according to LSEG data.Analysts had expected Mac sales to decline in the fiscal second quarter, but they instead grew to $7.5 billion, compared with estimates of $6.86 billion, according to LSEG data.\"They were really driven by the strength of the new MacBook Air that's powered by the M3 chip,\" Cook said. \"About half of our MacBook Air buyers during the quarter were new to the Mac.\"The company's sales in the iPad segment declined to $5.56 billion, below analyst expectations of $5.91 billion.In the company's wearables segment, which represents sales of Apple Watches and AirPods headphones, sales fell to $7.91 billion, compared with analyst estimates of $8.08 billion, according to LSEG data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301632577851584,"gmtCreate":1714660271432,"gmtModify":1714660276312,"author":{"id":"4102168502547610","authorId":"4102168502547610","name":"Joe wang","avatar":"https://static.tigerbbs.com/7870a918b6d411bf9245831cac66e2dc","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Previous quarter gross 10B net 450M.&nbsp; Lastest&nbsp;quarter gross 3B net 28M. And it went up so much&nbsp;🤔.&nbsp;","listText":"Previous quarter gross 10B net 450M.&nbsp; Lastest&nbsp;quarter gross 3B net 28M. And it went up so much&nbsp;🤔.&nbsp;","text":"Previous quarter gross 10B net 450M. Lastest quarter gross 3B net 28M. And it went up so much 🤔.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301632577851584","repostId":"2432598655","repostType":2,"repost":{"id":"2432598655","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714601700,"share":"https://www.laohu8.com/m/news/2432598655?lang=&edition=full","pubTime":"2024-05-02 06:15","market":"us","language":"en","title":"Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2432598655","media":"Reuters","summary":"big upside surprise,\" Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across th","content":"<html><head></head><body><p>May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f03e6d99cfdb0b29f45074500a72ac2\" tg-width=\"841\" tg-height=\"620\"/></p><p>Carvana&#39;s results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.</p><p>Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.</p><p>The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday&#39;s close.</p><p>The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.</p><p>Revenue for the first three months of the year was $3.06 billion, beating analysts&#39; estimates of $2.89 billion, according to LSEG data.</p><p>&#34;Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,&#34; Huber Research Partners analyst Douglas Arthur said.</p><p>Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.</p><p>The company reported a first-quarter profit of $49 million, compared with analysts&#39; estimates of $31.2 million, according to LSEG data.</p><p>The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.</p><p>Last month, Carvana&#39;s rival CarMax missed analysts&#39; estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.</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>Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales</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\">\nCarvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-02 06:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f03e6d99cfdb0b29f45074500a72ac2\" tg-width=\"841\" tg-height=\"620\"/></p><p>Carvana&#39;s results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.</p><p>Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.</p><p>The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday&#39;s close.</p><p>The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.</p><p>Revenue for the first three months of the year was $3.06 billion, beating analysts&#39; estimates of $2.89 billion, according to LSEG data.</p><p>&#34;Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,&#34; Huber Research Partners analyst Douglas Arthur said.</p><p>Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.</p><p>The company reported a first-quarter profit of $49 million, compared with analysts&#39; estimates of $31.2 million, according to LSEG data.</p><p>The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.</p><p>Last month, Carvana&#39;s rival CarMax missed analysts&#39; estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432598655","content_text":"May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.Carvana's results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday's close.The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.Revenue for the first three months of the year was $3.06 billion, beating analysts' estimates of $2.89 billion, according to LSEG data.\"Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,\" Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.Last month, Carvana's rival CarMax missed analysts' estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301588569288752,"gmtCreate":1714649440823,"gmtModify":1714649444933,"author":{"id":"3569318025811476","authorId":"3569318025811476","name":"LeonardKSW","avatar":"https://static.tigerbbs.com/eeba92ccfc8a91444aa3e36de4a39425","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wtf.....why usa stocks always over reacting?","listText":"Wtf.....why usa stocks always over reacting?","text":"Wtf.....why usa stocks always over reacting?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301588569288752","repostId":"2432516756","repostType":2,"repost":{"id":"2432516756","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1714603200,"share":"https://www.laohu8.com/m/news/2432516756?lang=&edition=full","pubTime":"2024-05-02 06:40","market":"us","language":"en","title":"Fastly Stock Tumbles After Weak Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2432516756","media":"Dow Jones","summary":"Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall ","content":"<html><head></head><body><p style=\"text-align: start;\">Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall Street estimates.</p><p style=\"text-align: start;\">Fastly was down 30.2% in after-hours trading to $9.03. That would be a 52-week low it if holds in regular trading on Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a9b3c300326173215e30b8b379a31798\" tg-width=\"842\" tg-height=\"617\"/></p><p>“I am pleased with the first quarter operating performance, posting non-GAAP operating loss above our guidance and positive cash flow from operations,” Fastly CEO Todd Nightingale said in a statement. “But, we’re not satisfied with our revenue growth outlook.”</p><p>For the March quarter, the company posted revenue of $133.5 million, up 14% from a year ago, and slightly ahead of the Wall Street consensus as tracked by FactSet of $133.1 million. The company lost 5 cents a share in the quarter on an adjusted basis, about a penny narrower than Wall Street had expected. Under generally accepted accounting principles, the company lost 32 cents a share.</p><p>Investors were clearly worried about Fastly’s guidance, and the company’s press release and accompanying slide deck did little to illuminate the underlying issues.</p><p>For the quarter, the company sees revenue of between $130 million and $134 million. At the midpoint of the range, that is well below the consensus of $140.4 million, with a non-GAAP loss of 6 to 10 cents a share, wider than the Street consensus forecast for a loss of 2 cents a share.</p><p>For the full year, Fastly now projects revenue of between $555 million and $565 million, with an adjusted loss of 6 to 12 cents a share; the consensus estimate had called for $585 million and a loss of 3 cents.</p><p>Fastly’s previous guidance for the year had called for revenue of $580 million to $590 million with adjusted profits ranging from breakeven to a loss of 6 cents a share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fastly Stock Tumbles After Weak Forecast</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\">\nFastly Stock Tumbles After Weak Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-02 06:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall Street estimates.</p><p style=\"text-align: start;\">Fastly was down 30.2% in after-hours trading to $9.03. That would be a 52-week low it if holds in regular trading on Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a9b3c300326173215e30b8b379a31798\" tg-width=\"842\" tg-height=\"617\"/></p><p>“I am pleased with the first quarter operating performance, posting non-GAAP operating loss above our guidance and positive cash flow from operations,” Fastly CEO Todd Nightingale said in a statement. “But, we’re not satisfied with our revenue growth outlook.”</p><p>For the March quarter, the company posted revenue of $133.5 million, up 14% from a year ago, and slightly ahead of the Wall Street consensus as tracked by FactSet of $133.1 million. The company lost 5 cents a share in the quarter on an adjusted basis, about a penny narrower than Wall Street had expected. Under generally accepted accounting principles, the company lost 32 cents a share.</p><p>Investors were clearly worried about Fastly’s guidance, and the company’s press release and accompanying slide deck did little to illuminate the underlying issues.</p><p>For the quarter, the company sees revenue of between $130 million and $134 million. At the midpoint of the range, that is well below the consensus of $140.4 million, with a non-GAAP loss of 6 to 10 cents a share, wider than the Street consensus forecast for a loss of 2 cents a share.</p><p>For the full year, Fastly now projects revenue of between $555 million and $565 million, with an adjusted loss of 6 to 12 cents a share; the consensus estimate had called for $585 million and a loss of 3 cents.</p><p>Fastly’s previous guidance for the year had called for revenue of $580 million to $590 million with adjusted profits ranging from breakeven to a loss of 6 cents a share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4116":"互联网服务与基础架构"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432516756","content_text":"Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall Street estimates.Fastly was down 30.2% in after-hours trading to $9.03. That would be a 52-week low it if holds in regular trading on Thursday.“I am pleased with the first quarter operating performance, posting non-GAAP operating loss above our guidance and positive cash flow from operations,” Fastly CEO Todd Nightingale said in a statement. “But, we’re not satisfied with our revenue growth outlook.”For the March quarter, the company posted revenue of $133.5 million, up 14% from a year ago, and slightly ahead of the Wall Street consensus as tracked by FactSet of $133.1 million. The company lost 5 cents a share in the quarter on an adjusted basis, about a penny narrower than Wall Street had expected. Under generally accepted accounting principles, the company lost 32 cents a share.Investors were clearly worried about Fastly’s guidance, and the company’s press release and accompanying slide deck did little to illuminate the underlying issues.For the quarter, the company sees revenue of between $130 million and $134 million. At the midpoint of the range, that is well below the consensus of $140.4 million, with a non-GAAP loss of 6 to 10 cents a share, wider than the Street consensus forecast for a loss of 2 cents a share.For the full year, Fastly now projects revenue of between $555 million and $565 million, with an adjusted loss of 6 to 12 cents a share; the consensus estimate had called for $585 million and a loss of 3 cents.Fastly’s previous guidance for the year had called for revenue of $580 million to $590 million with adjusted profits ranging from breakeven to a loss of 6 cents a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301185501188312,"gmtCreate":1714551131440,"gmtModify":1714551135264,"author":{"id":"4131703342800552","authorId":"4131703342800552","name":"neo26000","avatar":"https://community-static.tradeup.com/news/af53ce85df53718f6c2d268fdf544d17","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Time to switch to kopi-c or kopi-o","listText":"Time to switch to kopi-c or kopi-o","text":"Time to switch to kopi-c or kopi-o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301185501188312","repostId":"1150102793","repostType":2,"repost":{"id":"1150102793","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550796,"share":"https://www.laohu8.com/m/news/1150102793?lang=&edition=full","pubTime":"2024-05-01 16:06","market":"us","language":"en","title":"Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1150102793","media":"Reuters","summary":"April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co","content":"<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</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>Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets</title>\n<style 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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\">\nStarbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150102793","content_text":"Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.The second quarter was \"challenging\", CFO Rachel Ruggeri said on a post-earnings call.\"...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,\" Ruggeri said.Western brands such as Starbucks and McDonald's MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel's military offensive in the Gaza Strip.In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.The coffee chain's second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.\"We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,\" CEO Laxman Narasimhan said on a post-earnings callComparable sales fell 11% in China and 3% in the United States.\"In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,\" said Matthew Goodman, senior analyst at research firm M Science.Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301184024862952,"gmtCreate":1714550765586,"gmtModify":1714550769991,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice!! 👏👏👏👏","listText":"Nice!! 👏👏👏👏","text":"Nice!! 👏👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301184024862952","repostId":"2432361005","repostType":4,"repost":{"id":"2432361005","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550664,"share":"https://www.laohu8.com/m/news/2432361005?lang=&edition=full","pubTime":"2024-05-01 16:04","market":"us","language":"en","title":"Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition","url":"https://stock-news.laohu8.com/highlight/detail?id=2432361005","media":"Reuters","summary":"April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue","content":"<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition</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\">\nSuper Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://www.channelnewsasia.com/business/super-micro-misses-quarterly-revenue-estimates-stiff-competition-shares-fall-4304601","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432361005","content_text":"Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.The AI server maker was added to the S&P 500 index last month.Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.\"As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,\" Super Micro CEO Charles Liang said in a statement.Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.Reuters GraphicsThe company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts' estimates of $5.78 per share.Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.Reuters Graphics","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301184084078688,"gmtCreate":1714550690774,"gmtModify":1714550695598,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Run? 😱😱😱","listText":"Run? 😱😱😱","text":"Run? 😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301184084078688","repostId":"2432617534","repostType":4,"repost":{"id":"2432617534","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550514,"share":"https://www.laohu8.com/m/news/2432617534?lang=&edition=full","pubTime":"2024-05-01 16:01","market":"us","language":"en","title":"AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2432617534","media":"Reuters","summary":"April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa ","content":"<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%</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\">\nAMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/amd-ai-chip-revenue-forecast-fails-impress-shares-dive-7-4304646","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432617534","content_text":"Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.The increase of a half billion dollars was not enough to meet Wall Street's lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.\"I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren't making as much progress as the street hopes,\" Ben Bajarin, CEO of consulting firm Creative Strategies, said.Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue. These processors cannot effectively handle the complex tasks associated with AI.\"Overall AI demand has exceeded anyone's expectations in 2024,\" Su said in the conference call.While some of AMD's central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.Nvidia shares fell 1.9% in extended trading.On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD's MI300 series of AI processors to offset weakness in the traditional server market.Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft's Xbox and the Sony PlayStation 5 has already hit its peak.This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD's videogame console revenue peaks after roughly four years.Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts' average estimate, according to LSEG data.AMD reported revenue of $5.47 billion for the first quarter, compared to analysts' average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301075358814304,"gmtCreate":1714524146520,"gmtModify":1714524151943,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.&nbsp;","listText":"In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.&nbsp;","text":"In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301075358814304","repostId":"1150102793","repostType":4,"repost":{"id":"1150102793","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550796,"share":"https://www.laohu8.com/m/news/1150102793?lang=&edition=full","pubTime":"2024-05-01 16:06","market":"us","language":"en","title":"Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1150102793","media":"Reuters","summary":"April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co","content":"<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</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>Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets</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; 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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\">\nStarbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150102793","content_text":"Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.The second quarter was \"challenging\", CFO Rachel Ruggeri said on a post-earnings call.\"...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,\" Ruggeri said.Western brands such as Starbucks and McDonald's MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel's military offensive in the Gaza Strip.In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.The coffee chain's second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.\"We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,\" CEO Laxman Narasimhan said on a post-earnings callComparable sales fell 11% in China and 3% in the United States.\"In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,\" said Matthew Goodman, senior analyst at research firm M Science.Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301051568361512,"gmtCreate":1714518432537,"gmtModify":1714518436016,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Run!! 😱😱😱😱😱😱","listText":"Run!! 😱😱😱😱😱😱","text":"Run!! 😱😱😱😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301051568361512","repostId":"2432361005","repostType":4,"repost":{"id":"2432361005","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550664,"share":"https://www.laohu8.com/m/news/2432361005?lang=&edition=full","pubTime":"2024-05-01 16:04","market":"us","language":"en","title":"Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition","url":"https://stock-news.laohu8.com/highlight/detail?id=2432361005","media":"Reuters","summary":"April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue","content":"<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition</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\">\nSuper Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://www.channelnewsasia.com/business/super-micro-misses-quarterly-revenue-estimates-stiff-competition-shares-fall-4304601","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432361005","content_text":"Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.The AI server maker was added to the S&P 500 index last month.Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.\"As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,\" Super Micro CEO Charles Liang said in a statement.Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.Reuters GraphicsThe company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts' estimates of $5.78 per share.Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.Reuters Graphics","news_type":1},"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301051430768704,"gmtCreate":1714518407593,"gmtModify":1714518410407,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👏👏👏👏👏👏","listText":"👏👏👏👏👏👏","text":"👏👏👏👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301051430768704","repostId":"2432617534","repostType":4,"repost":{"id":"2432617534","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550514,"share":"https://www.laohu8.com/m/news/2432617534?lang=&edition=full","pubTime":"2024-05-01 16:01","market":"us","language":"en","title":"AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2432617534","media":"Reuters","summary":"April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa ","content":"<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%</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\">\nAMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/amd-ai-chip-revenue-forecast-fails-impress-shares-dive-7-4304646","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432617534","content_text":"Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.The increase of a half billion dollars was not enough to meet Wall Street's lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.\"I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren't making as much progress as the street hopes,\" Ben Bajarin, CEO of consulting firm Creative Strategies, said.Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue. These processors cannot effectively handle the complex tasks associated with AI.\"Overall AI demand has exceeded anyone's expectations in 2024,\" Su said in the conference call.While some of AMD's central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.Nvidia shares fell 1.9% in extended trading.On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD's MI300 series of AI processors to offset weakness in the traditional server market.Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft's Xbox and the Sony PlayStation 5 has already hit its peak.This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD's videogame console revenue peaks after roughly four years.Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts' average estimate, according to LSEG data.AMD reported revenue of $5.47 billion for the first quarter, compared to analysts' average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299244371382384,"gmtCreate":1714083914539,"gmtModify":1714083916759,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👏👏👏🚀🚀🚀","listText":"👏👏👏🚀🚀🚀","text":"👏👏👏🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299244371382384","repostId":"1161094507","repostType":4,"repost":{"id":"1161094507","pubTimestamp":1714082038,"share":"https://www.laohu8.com/m/news/1161094507?lang=&edition=full","pubTime":"2024-04-26 05:53","market":"us","language":"en","title":"Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1161094507","media":"Bloomberg","summary":"Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796649198434308%22,%22type%22:1%7D\t\" title=\"Live: Microsoft FY2024Q3 Earnings Conference Call\" target=\"_blank\" class=\"\">Live: Microsoft FY2024Q3 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>Azure cloud revenue gained 31% in quarter, beating estimates</p></li><li><p>‘Microsoft appears to be in an excellent position to thrive’</p></li></ul><p>Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9b413c4d66f72f4846e18addf0517627\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>Revenue in the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 a share, the company said in a statement Thursday. Analysts on average estimated per-share earnings of $2.83 on sales of $60.9 billion. The shares jumped 4.43% in late trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aa1600663224e00f5f41c6e92b27dcb2\" title=\"\" tg-width=\"801\" tg-height=\"630\"/></p><p>Chief Executive Officer Satya Nadella has been infusing Microsoft’s entire product line with AI technology from partner OpenAI. The bet is starting to pay off, with some customers adding AI tools that summarize documents and generate content or signing up for Azure cloud subscriptions featuring OpenAI products.</p><p>“Microsoft’s generative AI-specific revenue has already become a key stock driver,” said Dan Morgan, a senior portfolio manager at Synovus Trust Co. “Microsoft appears to be in an excellent position to thrive.”</p><p>Azure revenue gained 31% in the quarter, above an average prediction of 29% and picking up slightly from the 30% growth in the previous period. About 7% of that increase was attributable to AI, compared with 6% in the previous quarter.</p><p style=\"text-align: start;\">“You’re seeing healthy growth really across Azure, in the non-AI and AI services, which is important,” Chief Financial Officer Amy Hood said in an interview. “While of course it’s still early in the long-term AI monetization opportunity, we feel good about where we are.” The company is pleased with what it’s seen so far in terms of customer adoption, she said.</p><p style=\"text-align: start;\">Commercial cloud product revenue rose 23% to $35.1 billion, Microsoft said. Commercial bookings, a measure of future revenue, rose 29%, “quite a bit ahead of where we expected,” Hood said.</p><p style=\"text-align: start;\">The shares gained about 5% in late trading. They had closed at $399.04 in New York. The stock climbed 12% in the March quarter on optimism that the company’s early lead in releasing generative AI products would boost sales.</p><h3 id=\"id_2269194576\" style=\"text-align: start;\">AI Assistants</h3><p style=\"text-align: start;\">Microsoft has leveraged its $13 billion investment in research pioneer OpenAI to create a series of AI assistants and other features for products ranging from Windows to Office, security software to search engine Bing, many of which carry additional fees for customers to use.</p><p style=\"text-align: start;\">The company is spending heavily to expand its global network of data centers to meet rising demand for AI services — with capital expenses reaching $14 billion during the quarter. “We’re seeing the AI demand continue to grow, and so we’ll continue to work to match that,” Hood said.</p><p>On Nov. 1, the software giant widely released the corporate version of Microsoft 365 Copilot — an AI assistant for Office programs like Outlook, Word, PowerPoint and Teams — to large customers. The new tools cost companies an extra $30 a month on top of existing subscriptions, and could one day become a meaningful source of recurrent revenue. This year, Microsoft expanded access to smaller firms and debuted a $20 consumer version of the AI assistant.</p><p>Microsoft is seeking to push AI outside the corporate market as well. Nadella last month hired Google DeepMind co-founder Mustafa Suleyman to oversee the company’s consumer AI operation, a move reflecting the CEO’s dissatisfaction with the company’s efforts to create and deploy AI products for home users, Bloomberg reported earlier.</p><p style=\"text-align: start;\">The Redmond, Washington-based company is also baking AI into its fast-growing cybersecurity business. The company recently released tools that can generate summaries of suspicious incidents and ferret out methods hackers use to obscure their intentions. The cybersecurity operation, the world’s largest, is showing “relative strength,” according to a Bank of America Securities note.</p><h3 id=\"id_1991102397\" style=\"text-align: start;\">Security Overhaul</h3><p style=\"text-align: start;\">Yet earlier this month, the US Cyber Safety Review Board issued a scathing report documenting the company’s inability to stop hackers from pilfering the email boxes of US officials. The company has announced its biggest security overhaul in more than two decades, but it’s unclear whether the effort will adequately address the challenges — or mollify critics.</p><p style=\"text-align: start;\">Microsoft’s desktop software business benefited from stabilizing demand for personal computers. Global PC sales returned to growth with a 1.5% gain in the quarter, according to market research firm IDC, driven by a recovery in most regions. Windows revenue rose 11% in the quarter, the company said.</p><p style=\"text-align: start;\">Sales of Xbox content and services jumped 62%, thanks almost entirely to a revenue boost from the $69 billion acquisition of Activision Blizzard, completed last year. But Microsoft and rivals are still struggling to restore growth to the overall gaming industry, which is mired in a post-pandemic slump.</p><p style=\"text-align: start;\">In an effort to rekindle sales, Microsoft is making four exclusive Xbox games available for Nintendo Co.’s Switch and Sony Group Corp.’s PlayStation.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-26 05:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-25/microsoft-sales-and-profit-beat-expectations-on-robust-ai-demand?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Live: Microsoft FY2024Q3 Earnings Conference Call】Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-25/microsoft-sales-and-profit-beat-expectations-on-robust-ai-demand?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-25/microsoft-sales-and-profit-beat-expectations-on-robust-ai-demand?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161094507","content_text":"【Live: Microsoft FY2024Q3 Earnings Conference Call】Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.Revenue in the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 a share, the company said in a statement Thursday. Analysts on average estimated per-share earnings of $2.83 on sales of $60.9 billion. The shares jumped 4.43% in late trading.Chief Executive Officer Satya Nadella has been infusing Microsoft’s entire product line with AI technology from partner OpenAI. The bet is starting to pay off, with some customers adding AI tools that summarize documents and generate content or signing up for Azure cloud subscriptions featuring OpenAI products.“Microsoft’s generative AI-specific revenue has already become a key stock driver,” said Dan Morgan, a senior portfolio manager at Synovus Trust Co. “Microsoft appears to be in an excellent position to thrive.”Azure revenue gained 31% in the quarter, above an average prediction of 29% and picking up slightly from the 30% growth in the previous period. About 7% of that increase was attributable to AI, compared with 6% in the previous quarter.“You’re seeing healthy growth really across Azure, in the non-AI and AI services, which is important,” Chief Financial Officer Amy Hood said in an interview. “While of course it’s still early in the long-term AI monetization opportunity, we feel good about where we are.” The company is pleased with what it’s seen so far in terms of customer adoption, she said.Commercial cloud product revenue rose 23% to $35.1 billion, Microsoft said. Commercial bookings, a measure of future revenue, rose 29%, “quite a bit ahead of where we expected,” Hood said.The shares gained about 5% in late trading. They had closed at $399.04 in New York. The stock climbed 12% in the March quarter on optimism that the company’s early lead in releasing generative AI products would boost sales.AI AssistantsMicrosoft has leveraged its $13 billion investment in research pioneer OpenAI to create a series of AI assistants and other features for products ranging from Windows to Office, security software to search engine Bing, many of which carry additional fees for customers to use.The company is spending heavily to expand its global network of data centers to meet rising demand for AI services — with capital expenses reaching $14 billion during the quarter. “We’re seeing the AI demand continue to grow, and so we’ll continue to work to match that,” Hood said.On Nov. 1, the software giant widely released the corporate version of Microsoft 365 Copilot — an AI assistant for Office programs like Outlook, Word, PowerPoint and Teams — to large customers. The new tools cost companies an extra $30 a month on top of existing subscriptions, and could one day become a meaningful source of recurrent revenue. This year, Microsoft expanded access to smaller firms and debuted a $20 consumer version of the AI assistant.Microsoft is seeking to push AI outside the corporate market as well. Nadella last month hired Google DeepMind co-founder Mustafa Suleyman to oversee the company’s consumer AI operation, a move reflecting the CEO’s dissatisfaction with the company’s efforts to create and deploy AI products for home users, Bloomberg reported earlier.The Redmond, Washington-based company is also baking AI into its fast-growing cybersecurity business. The company recently released tools that can generate summaries of suspicious incidents and ferret out methods hackers use to obscure their intentions. The cybersecurity operation, the world’s largest, is showing “relative strength,” according to a Bank of America Securities note.Security OverhaulYet earlier this month, the US Cyber Safety Review Board issued a scathing report documenting the company’s inability to stop hackers from pilfering the email boxes of US officials. The company has announced its biggest security overhaul in more than two decades, but it’s unclear whether the effort will adequately address the challenges — or mollify critics.Microsoft’s desktop software business benefited from stabilizing demand for personal computers. Global PC sales returned to growth with a 1.5% gain in the quarter, according to market research firm IDC, driven by a recovery in most regions. Windows revenue rose 11% in the quarter, the company said.Sales of Xbox content and services jumped 62%, thanks almost entirely to a revenue boost from the $69 billion acquisition of Activision Blizzard, completed last year. But Microsoft and rivals are still struggling to restore growth to the overall gaming industry, which is mired in a post-pandemic slump.In an effort to rekindle sales, Microsoft is making four exclusive Xbox games available for Nintendo Co.’s Switch and Sony Group Corp.’s PlayStation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299120771702856,"gmtCreate":1714053658592,"gmtModify":1714053662453,"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!","listText":"caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!","text":"caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299120771702856","repostId":"1114228007","repostType":2,"repost":{"id":"1114228007","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714043972,"share":"https://www.laohu8.com/m/news/1114228007?lang=&edition=full","pubTime":"2024-04-25 19:19","market":"us","language":"en","title":"Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades","url":"https://stock-news.laohu8.com/highlight/detail?id=1114228007","media":"Reuters","summary":"April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year's boom, sending its shares down 4% in pr","content":"<html><head></head><body><p>April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year&#39;s boom, sending its shares down 4% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7d644be70fba09b1dcb8557dbb7a8d7c\" tg-width=\"840\" tg-height=\"623\"/></p><p>Caterpillar had benefited from President Joe Biden&#39;s $1 trillion 2021 infrastructure law to upgrade roads, bridges and other transportation infrastructure that sent sales at the company surging early last year.</p><p>However, the boom from last year has eased off, and the company also forecast roughly flat sales for the year. For the first-quarter, revenue fell to $15.80 billion from $15.86 billion a year ago.</p><p>Still, the company posted a rise in quarterly profit due to higher prices, which helped it offset the impact from lingering supply chain constraints and higher steel prices.</p><p>The company&#39;s net income rose to $2.86 billion, or $5.75 per share, in the first quarter ended March 31, from $1.94 billion, or $3.74 per share, a year earlier.</p><p>It reported an adjusted per-share profit of $5.60 for the first quarter, compared with $4.91 last year.</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>Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades</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\">\nCaterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-04-25 19:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year&#39;s boom, sending its shares down 4% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7d644be70fba09b1dcb8557dbb7a8d7c\" tg-width=\"840\" tg-height=\"623\"/></p><p>Caterpillar had benefited from President Joe Biden&#39;s $1 trillion 2021 infrastructure law to upgrade roads, bridges and other transportation infrastructure that sent sales at the company surging early last year.</p><p>However, the boom from last year has eased off, and the company also forecast roughly flat sales for the year. For the first-quarter, revenue fell to $15.80 billion from $15.86 billion a year ago.</p><p>Still, the company posted a rise in quarterly profit due to higher prices, which helped it offset the impact from lingering supply chain constraints and higher steel prices.</p><p>The company&#39;s net income rose to $2.86 billion, or $5.75 per share, in the first quarter ended March 31, from $1.94 billion, or $3.74 per share, a year earlier.</p><p>It reported an adjusted per-share profit of $5.60 for the first quarter, compared with $4.91 last year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAT":"卡特彼勒"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114228007","content_text":"April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year's boom, sending its shares down 4% in premarket trading.Caterpillar had benefited from President Joe Biden's $1 trillion 2021 infrastructure law to upgrade roads, bridges and other transportation infrastructure that sent sales at the company surging early last year.However, the boom from last year has eased off, and the company also forecast roughly flat sales for the year. For the first-quarter, revenue fell to $15.80 billion from $15.86 billion a year ago.Still, the company posted a rise in quarterly profit due to higher prices, which helped it offset the impact from lingering supply chain constraints and higher steel prices.The company's net income rose to $2.86 billion, or $5.75 per share, in the first quarter ended March 31, from $1.94 billion, or $3.74 per share, a year earlier.It reported an adjusted per-share profit of $5.60 for the first quarter, compared with $4.91 last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299056399007776,"gmtCreate":1714022862702,"gmtModify":1714022867436,"author":{"id":"4163304661106302","authorId":"4163304661106302","name":"Crouchy Tiger","avatar":"https://community-static.tradeup.com/news/148ba960fb3c67ce963e5e7c5d72d83d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.","listText":"Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.","text":"Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299056399007776","repostId":"1134787563","repostType":2,"repost":{"id":"1134787563","pubTimestamp":1713995543,"share":"https://www.laohu8.com/m/news/1134787563?lang=&edition=full","pubTime":"2024-04-25 05:52","market":"us","language":"en","title":"Meta Shares Tumble over 15% After Revenue Forecast Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=1134787563","media":"Bloomberg","summary":"Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796676338758676%22,%22type%22:1%7D\" title=\"Meta 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Meta 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>The shares plunged as much as 15% as investors balked</p></li><li><p>Second-quarter revenue forecast was weaker than expected</p></li></ul><p>Meta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eb7624773a10f50cdfb9234e4a1e25f3\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e2798332604c3a1a61fd1ba889722da7\" title=\"\" tg-width=\"786\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.</p><p>“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.</p><p>At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.</p><p style=\"text-align: start;\">Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.</p><p>“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”</p><p style=\"text-align: start;\">In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.</p><p style=\"text-align: start;\">Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.</p><p style=\"text-align: start;\">But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.</p><p>The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.</p><p style=\"text-align: start;\">On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.</p><p style=\"text-align: start;\">The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.</p><p style=\"text-align: start;\">Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.</p><p style=\"text-align: start;\">Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.</p><p style=\"text-align: start;\">Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”</p><p style=\"text-align: start;\">Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.</p><p>Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Shares Tumble over 15% After Revenue Forecast Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Shares Tumble over 15% After Revenue Forecast Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 05:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134787563","content_text":"【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298876422738064,"gmtCreate":1713999691387,"gmtModify":1713999698124,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Wow. 16% fall is major.&nbsp; Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.","listText":"Wow. 16% fall is major.&nbsp; Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.","text":"Wow. 16% fall is major. Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298876422738064","repostId":"1134787563","repostType":4,"repost":{"id":"1134787563","pubTimestamp":1713995543,"share":"https://www.laohu8.com/m/news/1134787563?lang=&edition=full","pubTime":"2024-04-25 05:52","market":"us","language":"en","title":"Meta Shares Tumble over 15% After Revenue Forecast Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=1134787563","media":"Bloomberg","summary":"Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796676338758676%22,%22type%22:1%7D\" title=\"Meta 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Meta 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>The shares plunged as much as 15% as investors balked</p></li><li><p>Second-quarter revenue forecast was weaker than expected</p></li></ul><p>Meta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eb7624773a10f50cdfb9234e4a1e25f3\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e2798332604c3a1a61fd1ba889722da7\" title=\"\" tg-width=\"786\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.</p><p>“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.</p><p>At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.</p><p style=\"text-align: start;\">Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.</p><p>“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”</p><p style=\"text-align: start;\">In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.</p><p style=\"text-align: start;\">Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.</p><p style=\"text-align: start;\">But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.</p><p>The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.</p><p style=\"text-align: start;\">On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.</p><p style=\"text-align: start;\">The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.</p><p style=\"text-align: start;\">Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.</p><p style=\"text-align: start;\">Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.</p><p style=\"text-align: start;\">Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”</p><p style=\"text-align: start;\">Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.</p><p>Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Shares Tumble over 15% After Revenue Forecast Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Shares Tumble over 15% After Revenue Forecast Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 05:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134787563","content_text":"【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298874595766336,"gmtCreate":1713999332215,"gmtModify":1713999335724,"author":{"id":"4159389029106972","authorId":"4159389029106972","name":"HJKJ","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc","listText":"Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc","text":"Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298874595766336","repostId":"1134787563","repostType":4,"repost":{"id":"1134787563","pubTimestamp":1713995543,"share":"https://www.laohu8.com/m/news/1134787563?lang=&edition=full","pubTime":"2024-04-25 05:52","market":"us","language":"en","title":"Meta Shares Tumble over 15% After Revenue Forecast Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=1134787563","media":"Bloomberg","summary":"Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796676338758676%22,%22type%22:1%7D\" title=\"Meta 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Meta 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>The shares plunged as much as 15% as investors balked</p></li><li><p>Second-quarter revenue forecast was weaker than expected</p></li></ul><p>Meta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eb7624773a10f50cdfb9234e4a1e25f3\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e2798332604c3a1a61fd1ba889722da7\" title=\"\" tg-width=\"786\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.</p><p>“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.</p><p>At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.</p><p style=\"text-align: start;\">Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.</p><p>“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”</p><p style=\"text-align: start;\">In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.</p><p style=\"text-align: start;\">Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.</p><p style=\"text-align: start;\">But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.</p><p>The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.</p><p style=\"text-align: start;\">On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.</p><p style=\"text-align: start;\">The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.</p><p style=\"text-align: start;\">Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.</p><p style=\"text-align: start;\">Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.</p><p style=\"text-align: start;\">Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”</p><p style=\"text-align: start;\">Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.</p><p>Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Shares Tumble over 15% After Revenue Forecast Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Shares Tumble over 15% After Revenue Forecast Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 05:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134787563","content_text":"【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298703314964720,"gmtCreate":1713957430059,"gmtModify":1713957434232,"author":{"id":"4147353622012922","authorId":"4147353622012922","name":"Callum8721","avatar":"https://community-static.tradeup.com/news/7502030165bf52711ccccfa78c9a2924","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"The demand and supply is looking great","listText":"The demand and supply is looking great","text":"The demand and supply is looking great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298703314964720","repostId":"2429642435","repostType":2,"repost":{"id":"2429642435","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1713957285,"share":"https://www.laohu8.com/m/news/2429642435?lang=&edition=full","pubTime":"2024-04-24 19:14","market":"us","language":"en","title":"Toymaker Hasbro's Turnaround Efforts Help Q1 Profit Beat, Ease Sales Decline","url":"https://stock-news.laohu8.com/highlight/detail?id=2429642435","media":"Reuters","summary":"April 24  - Hasbro reported a smaller-than-expected drop in first-quarter sales and easily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys.Shares of the company, up roughly 14% this year, rose about 5% in premarket trading.The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary consumer spending and tight inventory planning by mass retailers like Walmart","content":"<html><head></head><body><p>April 24 (Reuters) - Hasbro reported a smaller-than-expected drop in first-quarter sales and easily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys.</p><p>Shares of the company, up roughly 14% this year, rose about 5% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/43a452d19ef04356aae416179b2d191b\" tg-width=\"841\" tg-height=\"618\"/></p><p>The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary consumer spending and tight inventory planning by mass retailers like Walmart and Target.</p><p>However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year.</p><p>&#34;We made solid progress in our turnaround efforts in the first quarter,&#34; Hasbro CFO Gina Goetter said.</p><p>The company&#39;s owned inventory was down 53% in the quarter from the previous year, including a 57% decline for the Consumer Products unit.</p><p>Revenue from the Wizards of the Coast and Digital Gaming segment grew 7% in the quarter, driven by the popularity of its &#34;Baldur&#39;s Gate III&#34; and &#34;Monopoly Go!&#34; games.</p><p>In contrast, its Consumer Products unit, which accounted for more than half its fiscal 2023 revenue, saw sales decline by 21%, hit by a broader slowdown in the toy industry and higher discounting from stock clearance by retailers.</p><p>The Nerf toy gun maker&#39;s revenue fell 24.3%, to $757.3 million in the quarter ended March 31, smaller than the 26.2% drop to $738.6 million estimated by analysts&#39; on average, according to LSEG data.</p><p>On an adjusted basis, Hasbro earned 61 cents per share, beating analysts&#39; estimate of 27 cents per share.</p><p>The toymaker maintained the fiscal-year 2024 targets it set in February. It continues to expect revenue in the Consumer Products segment to decline between 7% and 12%, and revenue in its Wizards of the Coast segment to drop in the range of 3% to 5%.</p><p>On Tuesday, Barbie maker Mattel posted a smaller-than-expected loss for the first quarter, helped by its cost-saving measures.</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>Toymaker Hasbro's Turnaround Efforts Help Q1 Profit Beat, Ease Sales Decline</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\">\nToymaker Hasbro's Turnaround Efforts Help Q1 Profit Beat, Ease Sales Decline\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-04-24 19:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>April 24 (Reuters) - Hasbro reported a smaller-than-expected drop in first-quarter sales and easily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys.</p><p>Shares of the company, up roughly 14% this year, rose about 5% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/43a452d19ef04356aae416179b2d191b\" tg-width=\"841\" tg-height=\"618\"/></p><p>The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary consumer spending and tight inventory planning by mass retailers like Walmart and Target.</p><p>However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year.</p><p>&#34;We made solid progress in our turnaround efforts in the first quarter,&#34; Hasbro CFO Gina Goetter said.</p><p>The company&#39;s owned inventory was down 53% in the quarter from the previous year, including a 57% decline for the Consumer Products unit.</p><p>Revenue from the Wizards of the Coast and Digital Gaming segment grew 7% in the quarter, driven by the popularity of its &#34;Baldur&#39;s Gate III&#34; and &#34;Monopoly Go!&#34; games.</p><p>In contrast, its Consumer Products unit, which accounted for more than half its fiscal 2023 revenue, saw sales decline by 21%, hit by a broader slowdown in the toy industry and higher discounting from stock clearance by retailers.</p><p>The Nerf toy gun maker&#39;s revenue fell 24.3%, to $757.3 million in the quarter ended March 31, smaller than the 26.2% drop to $738.6 million estimated by analysts&#39; on average, according to LSEG data.</p><p>On an adjusted basis, Hasbro earned 61 cents per share, beating analysts&#39; estimate of 27 cents per share.</p><p>The toymaker maintained the fiscal-year 2024 targets it set in February. It continues to expect revenue in the Consumer Products segment to decline between 7% and 12%, and revenue in its Wizards of the Coast segment to drop in the range of 3% to 5%.</p><p>On Tuesday, Barbie maker Mattel posted a smaller-than-expected loss for the first quarter, helped by its cost-saving measures.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HAS":"孩之宝"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2429642435","content_text":"April 24 (Reuters) - Hasbro reported a smaller-than-expected drop in first-quarter sales and easily beat profit estimates on Wednesday, as leaner inventories and steady digital gaming revenue helped cushion a drag from softer demand for toys.Shares of the company, up roughly 14% this year, rose about 5% in premarket trading.The Play-Doh maker has grappled with weakening demand over the past year amid a pullback in discretionary consumer spending and tight inventory planning by mass retailers like Walmart and Target.However, efforts to clean up its inventory throughout 2023, along with cost efficiencies, helped its operating margin expand to 15.3%, from 1.8% last year.\"We made solid progress in our turnaround efforts in the first quarter,\" Hasbro CFO Gina Goetter said.The company's owned inventory was down 53% in the quarter from the previous year, including a 57% decline for the Consumer Products unit.Revenue from the Wizards of the Coast and Digital Gaming segment grew 7% in the quarter, driven by the popularity of its \"Baldur's Gate III\" and \"Monopoly Go!\" games.In contrast, its Consumer Products unit, which accounted for more than half its fiscal 2023 revenue, saw sales decline by 21%, hit by a broader slowdown in the toy industry and higher discounting from stock clearance by retailers.The Nerf toy gun maker's revenue fell 24.3%, to $757.3 million in the quarter ended March 31, smaller than the 26.2% drop to $738.6 million estimated by analysts' on average, according to LSEG data.On an adjusted basis, Hasbro earned 61 cents per share, beating analysts' estimate of 27 cents per share.The toymaker maintained the fiscal-year 2024 targets it set in February. It continues to expect revenue in the Consumer Products segment to decline between 7% and 12%, and revenue in its Wizards of the Coast segment to drop in the range of 3% to 5%.On Tuesday, Barbie maker Mattel posted a smaller-than-expected loss for the first quarter, helped by its cost-saving measures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":10,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298698240585840,"gmtCreate":1713933108550,"gmtModify":1713933113460,"author":{"id":"3577580366301047","authorId":"3577580366301047","name":"All in Tesla","avatar":"https://community-static.tradeup.com/news/8db11f6e6a9a2a52850e734188850dc2","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"I have quite a substantial amount of shares&nbsp;in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊","listText":"I have quite a substantial amount of shares&nbsp;in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊","text":"I have quite a substantial amount of shares in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298698240585840","repostId":"1101803932","repostType":2,"repost":{"id":"1101803932","pubTimestamp":1713909028,"share":"https://www.laohu8.com/m/news/1101803932?lang=&edition=full","pubTime":"2024-04-24 05:50","market":"us","language":"en","title":"Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss","url":"https://stock-news.laohu8.com/highlight/detail?id=1101803932","media":"Bloomberg","summary":"Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to start production on the cheaper c","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796727569642548%22,%22type%22:1%7D\" title=\"Tesla 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Tesla 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>Company plans to start making new models before end of 2025</p></li><li><p>EV maker’s first quarter profit, revenue undershoot estimates</p></li></ul><p>Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.</p><p>The electric-vehicle maker plans to release the cheaper cars by the end of this year or in early next, well ahead of the late-2025 timing it had previously pledged. The Elon Musk-led company has been coping with a sales slump as EV demand falters.</p><p>Tesla’s shares rose more than 13% after regular trading in New York. The stock tumbled 42% this year through Tuesday’s close, the worst performance in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f0f7713f0c39a90c610dec386f12fabb\" tg-width=\"781\" tg-height=\"624\"/></p><p style=\"text-align: start;\">“We’ve updated our future vehicle line-up to accelerate the launch of new models ahead of the previously mentioned start of production in the second half of 2025. So we expect it to be more like early 2025, if not late this year,” Musk said on a call with analysts.</p><p style=\"text-align: start;\">The decision to speed up the debut of cheaper models was welcomed by investors and overshadowed what was otherwise an ugly quarter for the EV market leader. It missed Wall Street’s estimates for earnings, sales and margins, while warning of slow growth throughout the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/95ff8ccc4fef250d1aa9d762f500981e\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: start;\">The CEO also took a dig at rivals like General Motors Co. and Ford Motor Co., which have paced EV production and moved to reboot their offerings of gas-electric hybrids.</p><p style=\"text-align: start;\">“The EV adoption rate globally is under pressure and a lot of other auto manufactures are pulling back on EVs and pursuing plug-in hybrids instead. We believe this is not the right strategy,” he said.</p><p style=\"text-align: start;\">Tesla’s own strategy has been muddled for much of 2024. It’s spent the last year slashing prices across its lineup in an effort to boost sales volume, only to find demand for its vehicles slowed.</p><p style=\"text-align: start;\">Adding to the company’s woes has been Musk’s abrupt decision to go “balls to the wall” on a dedicated robotaxi for which the company lacks regulatory approval and possibly the technological capability. Investors had expected the company to instead focus on a new, $25,000 model that Musk had promised to go into production before the end of next year.</p><p style=\"text-align: start;\">It wasn’t immediately clear if Tesla’s “more affordable models” pledge was a reference to the long-discussed low-cost car, sometimes dubbed the Model 2. Many investors see that as way to help generate new enthusiasm around its lineup and draw new customers.</p><p style=\"text-align: start;\">“I think we have said all that we will on that front,” Musk said when asked about the affordable models.</p><p>Tesla gave no timeline, but said it’s continuing to pursue a new module-based “unboxed” manufacturing process for its promised robotaxi model. In a reflection of leaner times, Tesla noted those new models will be built on existing manufacturing lines at current factories to maximize capacity and grow “prudently.”</p><p style=\"text-align: start;\">The carmaker remains the dominant EV maker in the US market, but its earnings have been under pressure for several quarters. Tesla’s automotive gross margin — a key measure of profitability — was 16.4% in the first quarter, smaller than the 17.6% Wall Street expected. That’s far from the 30% peak margin it reported at the start of 2022.</p><p>Tesla’s adjusted earnings per share came to 45 cents in the first three months of the year, compared with Wall Street’s expectation of 52 cents a share. Revenue fell 9% to $21.3 billion, according to a statement Tuesday, in line with its first year-over-year drop in deliveries since 2020. That was still short of the $22.3 billion analysts expected.</p><p style=\"text-align: start;\">Meanwhile, Tesla’s global vehicle inventory rose to 28 days, a huge increase from the 15 days at the end of the last quarter. The metric captures how long it takes for a car company to move vehicles off its lots. Tesla sells its cars direct to consumers, and doesn’t have a dealer network.</p><p style=\"text-align: start;\">Tesla isn’t alone in feeling the pinch from a lot of supply chasing waning demand. Average industrywide new vehicle inventories in the US rose to 72 days’ supply at the start of April, according to Cox Automotive. Tesla’s Chief Financial Officer Vaibhav Taneja told investors on the call that the growth in inventories is a temporary setback.</p><p style=\"text-align: start;\">“We expect the inventory build to reverse in the second quarter and free cash flow to return to positive” territory, Taneja said.</p><p style=\"text-align: start;\">The Austin-based EV maker kept its near-term growth expectations in check, saying deliveries may be lower than last year. “In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next generation vehicle and other products,” it said.</p><p style=\"text-align: start;\">Earlier this month, Tesla initiated its largest-ever round of layoffs, cutting more than 10% of positions — though Bloomberg has reported the company may ultimately let go some 20% of its staff. At the same time, two senior executives quit, raising questions about who is in charge of key initiatives. Another executive, Tesla’s head of investor relations, Martin Viecha, said on Tuesday’s call he was resigning.</p></body></html>","source":"lsy1584095487587","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 Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss</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 Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 05:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Tesla 2024Q1 Earnings Conference Call】Company plans to start making new models before end of 2025EV maker’s first quarter profit, revenue undershoot estimatesTesla Inc. is accelerating the launch of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia\">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://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101803932","content_text":"【Tesla 2024Q1 Earnings Conference Call】Company plans to start making new models before end of 2025EV maker’s first quarter profit, revenue undershoot estimatesTesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to release the cheaper cars by the end of this year or in early next, well ahead of the late-2025 timing it had previously pledged. The Elon Musk-led company has been coping with a sales slump as EV demand falters.Tesla’s shares rose more than 13% after regular trading in New York. The stock tumbled 42% this year through Tuesday’s close, the worst performance in the S&P 500 Index.“We’ve updated our future vehicle line-up to accelerate the launch of new models ahead of the previously mentioned start of production in the second half of 2025. So we expect it to be more like early 2025, if not late this year,” Musk said on a call with analysts.The decision to speed up the debut of cheaper models was welcomed by investors and overshadowed what was otherwise an ugly quarter for the EV market leader. It missed Wall Street’s estimates for earnings, sales and margins, while warning of slow growth throughout the year.The CEO also took a dig at rivals like General Motors Co. and Ford Motor Co., which have paced EV production and moved to reboot their offerings of gas-electric hybrids.“The EV adoption rate globally is under pressure and a lot of other auto manufactures are pulling back on EVs and pursuing plug-in hybrids instead. We believe this is not the right strategy,” he said.Tesla’s own strategy has been muddled for much of 2024. It’s spent the last year slashing prices across its lineup in an effort to boost sales volume, only to find demand for its vehicles slowed.Adding to the company’s woes has been Musk’s abrupt decision to go “balls to the wall” on a dedicated robotaxi for which the company lacks regulatory approval and possibly the technological capability. Investors had expected the company to instead focus on a new, $25,000 model that Musk had promised to go into production before the end of next year.It wasn’t immediately clear if Tesla’s “more affordable models” pledge was a reference to the long-discussed low-cost car, sometimes dubbed the Model 2. Many investors see that as way to help generate new enthusiasm around its lineup and draw new customers.“I think we have said all that we will on that front,” Musk said when asked about the affordable models.Tesla gave no timeline, but said it’s continuing to pursue a new module-based “unboxed” manufacturing process for its promised robotaxi model. In a reflection of leaner times, Tesla noted those new models will be built on existing manufacturing lines at current factories to maximize capacity and grow “prudently.”The carmaker remains the dominant EV maker in the US market, but its earnings have been under pressure for several quarters. Tesla’s automotive gross margin — a key measure of profitability — was 16.4% in the first quarter, smaller than the 17.6% Wall Street expected. That’s far from the 30% peak margin it reported at the start of 2022.Tesla’s adjusted earnings per share came to 45 cents in the first three months of the year, compared with Wall Street’s expectation of 52 cents a share. Revenue fell 9% to $21.3 billion, according to a statement Tuesday, in line with its first year-over-year drop in deliveries since 2020. That was still short of the $22.3 billion analysts expected.Meanwhile, Tesla’s global vehicle inventory rose to 28 days, a huge increase from the 15 days at the end of the last quarter. The metric captures how long it takes for a car company to move vehicles off its lots. Tesla sells its cars direct to consumers, and doesn’t have a dealer network.Tesla isn’t alone in feeling the pinch from a lot of supply chasing waning demand. Average industrywide new vehicle inventories in the US rose to 72 days’ supply at the start of April, according to Cox Automotive. Tesla’s Chief Financial Officer Vaibhav Taneja told investors on the call that the growth in inventories is a temporary setback.“We expect the inventory build to reverse in the second quarter and free cash flow to return to positive” territory, Taneja said.The Austin-based EV maker kept its near-term growth expectations in check, saying deliveries may be lower than last year. “In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next generation vehicle and other products,” it said.Earlier this month, Tesla initiated its largest-ever round of layoffs, cutting more than 10% of positions — though Bloomberg has reported the company may ultimately let go some 20% of its staff. At the same time, two senior executives quit, raising questions about who is in charge of key initiatives. Another executive, Tesla’s head of investor relations, Martin Viecha, said on Tuesday’s call he was resigning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"essenList":[{"id":303287998722096,"gmtCreate":1715080865500,"gmtModify":1715158086384,"author":{"id":"3527667620927015","authorId":"3527667620927015","name":"Tiger_Earnings","avatar":"https://static.tigerbbs.com/1849fb1fb43d93db3974fd09c5f65ff1","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"title":"🎁Q1-24 EPS Weekly: DIS, UBER, ABNB, SHOP & More Higher EPS Estimates","htmlText":"😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat","listText":"😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat","text":"😀Hi Tigers,We invite you to take a closer look at the possible winners by EPS in the Q1 24 earnings season.In this post, we have highlighted the top 20 stocks by market capitalization with an estimated higher EPS ahead of their earnings in the period from May 7 to May 10.1.Why EPS Matters?Earnings per share(EPS), refers to the income per share brought to investors/shareholders in the open market.EPS is calculated as a company's profit divided by the outstanding shares of its common stock. The resulting number serves as an indicator of a company's profitability.Investors like companies with high profitability, and the market always rewards those earnings results that beat the estimates. Hope the following content helps you learn more about good companies.2.Weekly List of Stocks with Estimat","images":[{"img":"https://community-static.tradeup.com/news/25ff2c854ac872a541123e48331579c8","width":"1080","height":"1500"},{"img":"https://community-static.tradeup.com/news/f0c0896267ae3c171dae556aa530abfd","width":"1080","height":"1500"},{"img":"https://community-static.tradeup.com/news/76f3fbd94a3d0397caf5918c8ba8850b","width":"2245","height":"1587"}],"top":1,"highlighted":2,"essential":2,"paper":2,"likeSize":21,"commentSize":11,"repostSize":13,"link":"https://ttm.financial/post/303287998722096","isVote":1,"tweetType":1,"viewCount":1811,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"4132300740238052","authorId":"4132300740238052","name":"icycrystal","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0},"content":"nothing on the list pops up... perhaps am more towards $McDonald's(MCD)$ $Coca-Cola(KO)$ $Wal-Mart(WMT)$ $Adobe(ADBE)$ these are the companies am more comfortable with, knowing they are well known brands globally and being a house brands for some... @TigerGPT @Universe宇宙 @koolgal @Shyon @rL @LMSunshine @Aqa @GoodLife99 @HelenJanet Which stock is in your watch list? What stocks are you bullish on? How are your stock's EPS performed？","text":"nothing on the list pops up... perhaps am more towards $McDonald's(MCD)$ $Coca-Cola(KO)$ $Wal-Mart(WMT)$ $Adobe(ADBE)$ these are the companies am more comfortable with, knowing they are well known brands globally and being a house brands for some... @TigerGPT @Universe宇宙 @koolgal @Shyon @rL @LMSunshine @Aqa @GoodLife99 @HelenJanet Which stock is in your watch list? What stocks are you bullish on? How are your stock's EPS performed？","html":"nothing on the list pops up... perhaps am more towards $McDonald's(MCD)$ $Coca-Cola(KO)$ $Wal-Mart(WMT)$ $Adobe(ADBE)$ these are the companies am more comfortable with, knowing they are well known brands globally and being a house brands for some... @TigerGPT @Universe宇宙 @koolgal @Shyon @rL @LMSunshine @Aqa @GoodLife99 @HelenJanet Which stock is in your watch list? What stocks are you bullish on? How are your stock's EPS performed？"}],"imageCount":3,"langContent":"EN","totalScore":0},{"id":303701789204624,"gmtCreate":1715166203523,"gmtModify":1715168538143,"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?","listText":"All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?","text":"All cars sales are falling across the board whether they are EV, hybrid or otherwise! This proves to be challenging even for TSLA at the level they re in right now to emerge stronger than the rest since it is already experiencing dwindling sales. And the Fed may not cut interest rate too soon, but wait out till inflation rate stabilises! April records dropping sales -2% in China, so definitely it will be a while before improvements can be seen. So what will happen during this period before the next Fed meeting in June?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":65,"commentSize":5,"repostSize":2,"link":"https://ttm.financial/post/303701789204624","repostId":"1159837993","repostType":2,"repost":{"id":"1159837993","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1715144859,"share":"https://www.laohu8.com/m/news/1159837993?lang=&edition=full","pubTime":"2024-05-08 13:07","market":"us","language":"en","title":"Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4","url":"https://stock-news.laohu8.com/highlight/detail?id=1159837993","media":"Reuters","summary":"TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter th","content":"<html><head></head><body><p>TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter that just ended.</p><p>The world&#39;s top-selling automaker expects operating income to total 4.3 trillion yen ($28 billion) in the year to March 2025, versus 5.35 trillion yen in the year that just ended.</p><p>Toyota said the forecast took into account investments of 380 billion yen in &#34;human capital&#34;, including providing support for labour costs of suppliers and dealers, as well as investments for its &#34;multi-pathway&#34; strategy.</p><p>That strategy, of pursuing multiple types of powertrain for cars - including hybrids, plug-in hybrids and battery EVs - appears to be paying dividends for Toyota as drivers have cooled on EVs in many markets in recent months.</p><p>In the January-March fourth quarter, Toyota delivered a 78% increase in operating profit, of 1.11 trillion yen. That compared to the 747.3 billion yen average of nine analyst estimates compiled by LSEG.</p><p>The result was helped by the weak yen lifting the value of overseas sales, as well as solid demand.</p><p>Still, Toyota is not without its challenges, particularly in key markets such as China, where it has struggled to keep up with the pace at which a growing number of local manufacturers are rolling out software-loaded electric vehicles.</p><p>($1 = 155.1400 yen)</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>Toyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4</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\">\nToyota Forecasts 20% Full-Year Profit Decline After Blockbuster Q4\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-08 13:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter that just ended.</p><p>The world&#39;s top-selling automaker expects operating income to total 4.3 trillion yen ($28 billion) in the year to March 2025, versus 5.35 trillion yen in the year that just ended.</p><p>Toyota said the forecast took into account investments of 380 billion yen in &#34;human capital&#34;, including providing support for labour costs of suppliers and dealers, as well as investments for its &#34;multi-pathway&#34; strategy.</p><p>That strategy, of pursuing multiple types of powertrain for cars - including hybrids, plug-in hybrids and battery EVs - appears to be paying dividends for Toyota as drivers have cooled on EVs in many markets in recent months.</p><p>In the January-March fourth quarter, Toyota delivered a 78% increase in operating profit, of 1.11 trillion yen. That compared to the 747.3 billion yen average of nine analyst estimates compiled by LSEG.</p><p>The result was helped by the weak yen lifting the value of overseas sales, as well as solid demand.</p><p>Still, Toyota is not without its challenges, particularly in key markets such as China, where it has struggled to keep up with the pace at which a growing number of local manufacturers are rolling out software-loaded electric vehicles.</p><p>($1 = 155.1400 yen)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TM":"丰田汽车"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159837993","content_text":"TOKYO, May 8 (Reuters) - Toyota Motor forecast a 20% decline in operating profit for the current financial year on Wednesday, after reporting a blockbuster 78% profit increase in the fourth quarter that just ended.The world's top-selling automaker expects operating income to total 4.3 trillion yen ($28 billion) in the year to March 2025, versus 5.35 trillion yen in the year that just ended.Toyota said the forecast took into account investments of 380 billion yen in \"human capital\", including providing support for labour costs of suppliers and dealers, as well as investments for its \"multi-pathway\" strategy.That strategy, of pursuing multiple types of powertrain for cars - including hybrids, plug-in hybrids and battery EVs - appears to be paying dividends for Toyota as drivers have cooled on EVs in many markets in recent months.In the January-March fourth quarter, Toyota delivered a 78% increase in operating profit, of 1.11 trillion yen. That compared to the 747.3 billion yen average of nine analyst estimates compiled by LSEG.The result was helped by the weak yen lifting the value of overseas sales, as well as solid demand.Still, Toyota is not without its challenges, particularly in key markets such as China, where it has struggled to keep up with the pace at which a growing number of local manufacturers are rolling out software-loaded electric vehicles.($1 = 155.1400 yen)","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0},"content":"Car sales continues to tumble worldwide. Toyota issues guidance for higher costs for materials and lower sales citing serious price war in China; Mercedes switching back to gas combustion automobile for sale as EV drags; so undoubtedly these are headwinds for a lot of car companies; if Fed cuts can come sooner otherwise return of equity suffers, but only pocketed sectors are thriving like AI but even ARM has sounded warnings that AI will wane soon as it suffers drop in revenue","text":"Car sales continues to tumble worldwide. Toyota issues guidance for higher costs for materials and lower sales citing serious price war in China; Mercedes switching back to gas combustion automobile for sale as EV drags; so undoubtedly these are headwinds for a lot of car companies; if Fed cuts can come sooner otherwise return of equity suffers, but only pocketed sectors are thriving like AI but even ARM has sounded warnings that AI will wane soon as it suffers drop in revenue","html":"Car sales continues to tumble worldwide. Toyota issues guidance for higher costs for materials and lower sales citing serious price war in China; Mercedes switching back to gas combustion automobile for sale as EV drags; so undoubtedly these are headwinds for a lot of car companies; if Fed cuts can come sooner otherwise return of equity suffers, but only pocketed sectors are thriving like AI but even ARM has sounded warnings that AI will wane soon as it suffers drop in revenue"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":303117063139440,"gmtCreate":1715038798034,"gmtModify":1715038803152,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Ouch.&nbsp; Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.","listText":"Ouch.&nbsp; Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.","text":"Ouch. Many were expecting big results from PLTR. And also that it will drive Nasdaq higher. It's going the other way instead.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/303117063139440","repostId":"1131460955","repostType":2,"repost":{"id":"1131460955","pubTimestamp":1715034080,"share":"https://www.laohu8.com/m/news/1131460955?lang=&edition=full","pubTime":"2024-05-07 06:21","market":"us","language":"en","title":"Palantir Slides After Annual Sales Forecast Fails to Impress","url":"https://stock-news.laohu8.com/highlight/detail?id=1131460955","media":"Bloomberg","summary":"Palantir Technologies Inc. shares slid in extended trading on Monday as the market was unimpressed by the company’s outlook for annual sales after the stock has already tripled in the past year.The co","content":"<html><head></head><body><ul style=\"\"><li><p>Company effort to sell overseas struggled in the quarter</p></li><li><p>Revenue from US companies gains on demand for AI tools</p></li></ul><p>Palantir Technologies Inc. shares slid in extended trading on Monday as the market appeared unimpressed by the company’s outlook for annual sales after the stock has tripled in the past year.</p><p style=\"text-align: start;\">The company nudged its annual revenue forecast slightly higher to a range of $2.68 billion to $2.69 billion. Analysts expected $2.68 billion, on average, according to data compiled by Bloomberg. The company raised its outlook for adjusted operating income to a range of $868 million to $880 million. Analysts, on average, estimated $846.6 million, according to data compiled by Bloomberg.</p><p style=\"text-align: start;\">The stock tumbled as much as 8.4% in extended trading after closing at $25.21 in New York. The company has been one of the marquee stocks of the tech world’s current AI frenzy, with new products helping to catapult it more than 200% over the last 12 months.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7e5d043a475be760a7125a09fba2668a\" tg-width=\"841\" tg-height=\"621\"/></p><p style=\"text-align: start;\">Palantir, co-founded by Peter Thiel, develops software and analysis tools for companies and government agencies allied with American interests. Its roots are in government sales — the venture arm of the US Central Intelligence Agency was among the initial backers — but “unbridled and growing demand” from US companies for its artificial intelligence software now drives the business, Chief Executive Officer Alex Karp told shareholders in a letter.</p><p>Still, the company reported faltering efforts in its bid to sell overseas. Palantir’s international commercial business declined 3% sequentially during the quarter as a result of continued headwinds in Europe and a previously noted revenue catch-up during the fourth quarter, executives said on a conference call after the results were released.</p><p style=\"text-align: start;\">“We do have headwinds in Europe,” which contributes 16% of the company’s business, Karp said during the call. “Europe is gliding toward 0% GDP growth over the next couple of years. That is a problem for us. There is no easy remedy for that.”</p><p>Palantir sells its AI software through boot camps, an engineer-led strategy to get customers up and running in just a few days instead of months. The Denver-based company credits those events for increasing US commercial customers by 69% to 262 during the first quarter. Revenue growth from government contracts is now increasing at a slower pace than commercial revenue and analysts expect commercial sales to eclipse those from governments next year.</p><p style=\"text-align: start;\">Palantir reported $335 million in government revenue in the first quarter, up 16%, and $299 million in commercial revenue, a 27% increase from a year earlier.</p><p style=\"text-align: start;\">“Palantir’s commercial segment saw another strong quarter with 40% growth in the US, but gains are likely to taper” in the second half at this business and the government unit, Bloomberg Intelligence analyst Mandeep Singh wrote in a research note. Billings growth of 2% in the first quarter “suggests a lack of pipeline visibility, even with commercial’s solid customer additions.”</p><p>The company posted sales of $634.3 million for the three months ended March 31, up 21% from a year earlier. Analysts had estimated $615.8 million in sales, according to data compiled by Bloomberg. Net income was $106 million, its largest quarterly profit ever, far surpassing the average estimate for $83 million. Palantir reported its first profitable year in 2023.</p><p>In the current quarter, Palantir said it expects revenue of $649 million to $653 million and adjusted income from operations of $209 million to $213 million.</p></body></html>","source":"lsy1584095487587","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>Palantir Slides After Annual Sales Forecast Fails to Impress</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\">\nPalantir Slides After Annual Sales Forecast Fails to Impress\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-07 06:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-05-06/palantir-beats-sales-estimates-raises-outlook-on-ai-enthusiasm><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company effort to sell overseas struggled in the quarterRevenue from US companies gains on demand for AI toolsPalantir Technologies Inc. shares slid in extended trading on Monday as the market ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-05-06/palantir-beats-sales-estimates-raises-outlook-on-ai-enthusiasm\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.bloomberg.com/news/articles/2024-05-06/palantir-beats-sales-estimates-raises-outlook-on-ai-enthusiasm","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131460955","content_text":"Company effort to sell overseas struggled in the quarterRevenue from US companies gains on demand for AI toolsPalantir Technologies Inc. shares slid in extended trading on Monday as the market appeared unimpressed by the company’s outlook for annual sales after the stock has tripled in the past year.The company nudged its annual revenue forecast slightly higher to a range of $2.68 billion to $2.69 billion. Analysts expected $2.68 billion, on average, according to data compiled by Bloomberg. The company raised its outlook for adjusted operating income to a range of $868 million to $880 million. Analysts, on average, estimated $846.6 million, according to data compiled by Bloomberg.The stock tumbled as much as 8.4% in extended trading after closing at $25.21 in New York. The company has been one of the marquee stocks of the tech world’s current AI frenzy, with new products helping to catapult it more than 200% over the last 12 months.Palantir, co-founded by Peter Thiel, develops software and analysis tools for companies and government agencies allied with American interests. Its roots are in government sales — the venture arm of the US Central Intelligence Agency was among the initial backers — but “unbridled and growing demand” from US companies for its artificial intelligence software now drives the business, Chief Executive Officer Alex Karp told shareholders in a letter.Still, the company reported faltering efforts in its bid to sell overseas. Palantir’s international commercial business declined 3% sequentially during the quarter as a result of continued headwinds in Europe and a previously noted revenue catch-up during the fourth quarter, executives said on a conference call after the results were released.“We do have headwinds in Europe,” which contributes 16% of the company’s business, Karp said during the call. “Europe is gliding toward 0% GDP growth over the next couple of years. That is a problem for us. There is no easy remedy for that.”Palantir sells its AI software through boot camps, an engineer-led strategy to get customers up and running in just a few days instead of months. The Denver-based company credits those events for increasing US commercial customers by 69% to 262 during the first quarter. Revenue growth from government contracts is now increasing at a slower pace than commercial revenue and analysts expect commercial sales to eclipse those from governments next year.Palantir reported $335 million in government revenue in the first quarter, up 16%, and $299 million in commercial revenue, a 27% increase from a year earlier.“Palantir’s commercial segment saw another strong quarter with 40% growth in the US, but gains are likely to taper” in the second half at this business and the government unit, Bloomberg Intelligence analyst Mandeep Singh wrote in a research note. Billings growth of 2% in the first quarter “suggests a lack of pipeline visibility, even with commercial’s solid customer additions.”The company posted sales of $634.3 million for the three months ended March 31, up 21% from a year earlier. Analysts had estimated $615.8 million in sales, according to data compiled by Bloomberg. Net income was $106 million, its largest quarterly profit ever, far surpassing the average estimate for $83 million. Palantir reported its first profitable year in 2023.In the current quarter, Palantir said it expects revenue of $649 million to $653 million and adjusted income from operations of $209 million to $213 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":32,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301856333893824,"gmtCreate":1714714899372,"gmtModify":1714715941476,"author":{"id":"3575426937784230","authorId":"3575426937784230","name":"MaxGain","avatar":"https://static.tigerbbs.com/1e7ec5528a5a65cfeab0826428adcb08","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&amp;D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL &amp; RUN FOR THE DOOR!","listText":"FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&amp;D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL &amp; RUN FOR THE DOOR!","text":"FTNT is now considered a DINOSAUR 🦕 in the Cybersecurity vendor world with ZERO innovation and nothing new coming out of its R&D that is significant and smart customers are quick to realize that, with many switching to it's competition like Palo Alto Netowrks that at the top of the stack right now. It also a history of lousy acquisitions and disastrous integration. My opinion is that it is a WRECKED and a SINKING SHIP led by incompetent leaders (including the CEO - old and dated) and a bunch of BROWN NOSE and YES MAN Senior Executives. My thoughts 💭? SELL & RUN FOR THE DOOR!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301856333893824","repostId":"2432956434","repostType":2,"repost":{"id":"2432956434","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714689600,"share":"https://www.laohu8.com/m/news/2432956434?lang=&edition=full","pubTime":"2024-05-03 06:40","market":"us","language":"en","title":"Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up","url":"https://stock-news.laohu8.com/highlight/detail?id=2432956434","media":"Reuters","summary":"May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops f","content":"<html><head></head><body><p>May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops for cybersecurity tools.</p><p>Shares of the Sunnyvale, California-based company fell about 8% in trading after the bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1ff346825ce20d869536c9a74b4f0500\" tg-width=\"842\" tg-height=\"622\"/></p><p>High-interest rates have crimped enterprise spending as businesses grapple with economic uncertainty and look to preserve cash balances.</p><p>The company expects second-quarter billings between $1.49 billion and $1.55 billion, largely below analysts&#39; estimates of $1.54, according to LSEG data.</p><p>Billings are the invoice amounts billed to customers in a given time period. Analysts use billings to determine cash flow as they represent money the company expects to receive soon.</p><p>It reported billings of $1.41 billion, down 6.4% in the first quarter, compared with estimates of $1.43 billion.</p><p>Meanwhile, Fortinet&#39;s rivals, such as Palo Alto Networks and Crowdstrike Holdings, have gained market share in the past year as companies have been adopting more efficient and less expensive consolidated cybersecurity platforms that contain tools for a variety of applications.</p><p>Fortinet expects second-quarter revenue between $1.375 billion and $1.435 billion, compared with analysts&#39; estimates of $1.39 billion, according to LSEG data.</p><p>It posted revenue of $1.35 billion in the first quarter, up 7.2%, just about beating estimates of $1.34 billion.</p><p>Adjusted profit in the first quarter stood at 43 cents per share, compared with estimates of 38 cents per share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fortinet Projects Quarterly Billings Below Estimates As Competition Heats up</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; 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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\">\nFortinet Projects Quarterly Billings Below Estimates As Competition Heats up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-03 06:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops for cybersecurity tools.</p><p>Shares of the Sunnyvale, California-based company fell about 8% in trading after the bell.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1ff346825ce20d869536c9a74b4f0500\" tg-width=\"842\" tg-height=\"622\"/></p><p>High-interest rates have crimped enterprise spending as businesses grapple with economic uncertainty and look to preserve cash balances.</p><p>The company expects second-quarter billings between $1.49 billion and $1.55 billion, largely below analysts&#39; estimates of $1.54, according to LSEG data.</p><p>Billings are the invoice amounts billed to customers in a given time period. Analysts use billings to determine cash flow as they represent money the company expects to receive soon.</p><p>It reported billings of $1.41 billion, down 6.4% in the first quarter, compared with estimates of $1.43 billion.</p><p>Meanwhile, Fortinet&#39;s rivals, such as Palo Alto Networks and Crowdstrike Holdings, have gained market share in the past year as companies have been adopting more efficient and less expensive consolidated cybersecurity platforms that contain tools for a variety of applications.</p><p>Fortinet expects second-quarter revenue between $1.375 billion and $1.435 billion, compared with analysts&#39; estimates of $1.39 billion, according to LSEG data.</p><p>It posted revenue of $1.35 billion in the first quarter, up 7.2%, just about beating estimates of $1.34 billion.</p><p>Adjusted profit in the first quarter stood at 43 cents per share, compared with estimates of 38 cents per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","IE00B19Z3581.USD":"Legg Mason ClearBridge - Value A Acc USD","LU2106854487.HKD":"ALLIANZ THEMATICA \"AMG\" (HKD) INC","LU2125909759.SGD":"Natixis Thematics Safety H-R/A SGD","LU0266013472.USD":"AXA WF - Framlington Longevity Economy A Cap USD","BK4528":"SaaS概念","LU2125909916.SGD":"Natixis Thematics Safety R/A SGD","LU0289739699.SGD":"AB INTERNATIONAL HEALTH CARE PORTFOLIO \"A\" (SGD) ACC","IE00B2B36J28.USD":"JANUS HENDERSON GLOBAL LIFE SCIENCES \"I1\" (USD) INC","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU1923622291.USD":"Natixis Thematics Safety R/A USD","LU2023250504.SGD":"Allianz Thematica Cl AMg DIS H2-SGD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE00BMPRXN33.USD":"NEUBERGER BERMAN 5G CONNECTIVITY \"A\" (USD) ACC","LU0234572021.USD":"高盛美国核心股票组合Acc","BK4585":"ETF&股票定投概念","IE00B7SZLL34.SGD":"Legg Mason ClearBridge - Value A Acc SGD-H","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE00B19Z9Z06.USD":"Legg Mason ClearBridge - US Aggressive Growth A Acc USD","IE00B894F039.SGD":"Legg Mason ClearBridge - US Aggressive Growth A Acc SGD-H","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","LU0158827948.USD":"ALLIANZ GLOBAL SUSTAINABILITY \"A\" (USD) INC","LU0320765059.SGD":"FTIF - Franklin US Opportunities A Acc SGD","FTNT":"飞塔信息","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","LU0316494557.USD":"FRANKLIN GLOBAL FUNDAMENTAL STRATEGIES \"A\" ACC","BK4588":"碎股","LU1861215975.USD":"贝莱德新一代科技基金 A2","LU1548497426.USD":"安联环球人工智能AT Acc","BK4154":"管理型保健护理","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU1861220033.SGD":"Blackrock Next Generation Technology A2 SGD-H","LU0238689110.USD":"贝莱德环球动力股票基金","LU2125909593.SGD":"Natixis Thematics Meta R/A SGD","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0211326839.USD":"TEMPLETON GLOBAL INCOME \"A\" (USD) INC","LU2286300806.USD":"Allianz Cyber Security AT Acc USD","IE00BFTCPJ56.SGD":"Janus Henderson Global Life Sciences A Acc SGD","LU1923622614.USD":"Natixis Thematics Meta R/A USD","LU0029864427.USD":"TEMPLETON GLOBAL \"A\" (USD) INC","BK4560":"网络安全概念","LU1720051108.HKD":"ALLIANZ GLOBAL ARTIFICIAL INTELLIGENCE \"AT\" (HKD) ACC","BK4581":"高盛持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","LU1974910355.USD":"Allianz Thematica Cl AMg DIS USD","LU0234570918.USD":"高盛全球核心股票组合Acc Close"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432956434","content_text":"May 2 (Reuters) - Fortinet forecast second-quarter billings below Wall Street estimates on Thursday, hurt by muted enterprise spending and stiff competition from companies that act as one-stop shops for cybersecurity tools.Shares of the Sunnyvale, California-based company fell about 8% in trading after the bell.High-interest rates have crimped enterprise spending as businesses grapple with economic uncertainty and look to preserve cash balances.The company expects second-quarter billings between $1.49 billion and $1.55 billion, largely below analysts' estimates of $1.54, according to LSEG data.Billings are the invoice amounts billed to customers in a given time period. Analysts use billings to determine cash flow as they represent money the company expects to receive soon.It reported billings of $1.41 billion, down 6.4% in the first quarter, compared with estimates of $1.43 billion.Meanwhile, Fortinet's rivals, such as Palo Alto Networks and Crowdstrike Holdings, have gained market share in the past year as companies have been adopting more efficient and less expensive consolidated cybersecurity platforms that contain tools for a variety of applications.Fortinet expects second-quarter revenue between $1.375 billion and $1.435 billion, compared with analysts' estimates of $1.39 billion, according to LSEG data.It posted revenue of $1.35 billion in the first quarter, up 7.2%, just about beating estimates of $1.34 billion.Adjusted profit in the first quarter stood at 43 cents per share, compared with estimates of 38 cents per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301075358814304,"gmtCreate":1714524146520,"gmtModify":1714524151943,"author":{"id":"4101948424484190","authorId":"4101948424484190","name":"Success88","avatar":"https://static.itradeup.com/news/4408e1a22d73e99adb53aa65dde8ad91","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.&nbsp;","listText":"In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.&nbsp;","text":"In Singapore, I often see students at Starbucks who buy just one coffee and then sit there for the whole day to study, making it difficult to find a seat when I want to get a coffee myself. In America, I've heard that some panhandlers can even sleep inside Starbucks stores, and it seems there's no law that allows the store to ask them to leave. It's hard to imagine how Starbucks makes money in such situations.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301075358814304","repostId":"1150102793","repostType":4,"repost":{"id":"1150102793","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550796,"share":"https://www.laohu8.com/m/news/1150102793?lang=&edition=full","pubTime":"2024-05-01 16:06","market":"us","language":"en","title":"Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1150102793","media":"Reuters","summary":"April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co","content":"<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</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>Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets</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; 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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\">\nStarbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150102793","content_text":"Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.The second quarter was \"challenging\", CFO Rachel Ruggeri said on a post-earnings call.\"...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,\" Ruggeri said.Western brands such as Starbucks and McDonald's MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel's military offensive in the Gaza Strip.In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.The coffee chain's second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.\"We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,\" CEO Laxman Narasimhan said on a post-earnings callComparable sales fell 11% in China and 3% in the United States.\"In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,\" said Matthew Goodman, senior analyst at research firm M Science.Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1437,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301632577851584,"gmtCreate":1714660271432,"gmtModify":1714660276312,"author":{"id":"4102168502547610","authorId":"4102168502547610","name":"Joe wang","avatar":"https://static.tigerbbs.com/7870a918b6d411bf9245831cac66e2dc","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Previous quarter gross 10B net 450M.&nbsp; Lastest&nbsp;quarter gross 3B net 28M. And it went up so much&nbsp;🤔.&nbsp;","listText":"Previous quarter gross 10B net 450M.&nbsp; Lastest&nbsp;quarter gross 3B net 28M. And it went up so much&nbsp;🤔.&nbsp;","text":"Previous quarter gross 10B net 450M. Lastest quarter gross 3B net 28M. And it went up so much 🤔.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301632577851584","repostId":"2432598655","repostType":2,"repost":{"id":"2432598655","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714601700,"share":"https://www.laohu8.com/m/news/2432598655?lang=&edition=full","pubTime":"2024-05-02 06:15","market":"us","language":"en","title":"Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales","url":"https://stock-news.laohu8.com/highlight/detail?id=2432598655","media":"Reuters","summary":"big upside surprise,\" Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across th","content":"<html><head></head><body><p>May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f03e6d99cfdb0b29f45074500a72ac2\" tg-width=\"841\" tg-height=\"620\"/></p><p>Carvana&#39;s results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.</p><p>Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.</p><p>The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday&#39;s close.</p><p>The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.</p><p>Revenue for the first three months of the year was $3.06 billion, beating analysts&#39; estimates of $2.89 billion, according to LSEG data.</p><p>&#34;Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,&#34; Huber Research Partners analyst Douglas Arthur said.</p><p>Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.</p><p>The company reported a first-quarter profit of $49 million, compared with analysts&#39; estimates of $31.2 million, according to LSEG data.</p><p>The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.</p><p>Last month, Carvana&#39;s rival CarMax missed analysts&#39; estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.</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>Carvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarvana Shares Soar on Upbeat Forecast for Core Profit, Retail Sales\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-02 06:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/1f03e6d99cfdb0b29f45074500a72ac2\" tg-width=\"841\" tg-height=\"620\"/></p><p>Carvana&#39;s results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.</p><p>Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.</p><p>The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday&#39;s close.</p><p>The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.</p><p>Revenue for the first three months of the year was $3.06 billion, beating analysts&#39; estimates of $2.89 billion, according to LSEG data.</p><p>&#34;Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,&#34; Huber Research Partners analyst Douglas Arthur said.</p><p>Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.</p><p>The company reported a first-quarter profit of $49 million, compared with analysts&#39; estimates of $31.2 million, according to LSEG data.</p><p>The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.</p><p>Last month, Carvana&#39;s rival CarMax missed analysts&#39; estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432598655","content_text":"May 1 (Reuters) - Shares of Carvana surged 32.3% in extended trading on Wednesday after the used-car seller forecast a surprise rise in current-quarter retail sales and core profit.Carvana's results come as high interest rates prompt consumers to look for deals on second-hand cars instead of buying new ones.Its shares, which have a short interest of 27% of free float, are up about 65% this year after recording an 11-fold rise last year.The surge in its stock price is set to add about $5 billion to its market capitalization of $17.6 billion, as of Wednesday's close.The used-car retailer said it was expecting a sequential increase in adjusted core profit and growth rate in retail units in the second quarter, while analysts expected a 2.6% fall in retail sales from a year earlier.Revenue for the first three months of the year was $3.06 billion, beating analysts' estimates of $2.89 billion, according to LSEG data.\"Revenues beat expectations by quite a bit and expenses remained flat … big upside surprise,\" Huber Research Partners analyst Douglas Arthur said.Adjusted earnings before interest, tax, depreciation and amortization in the first quarter were $235 million, exceeding capital expenditures and interest expense. Analysts had expected $135.9 million in adjusted core earnings.The company reported a first-quarter profit of $49 million, compared with analysts' estimates of $31.2 million, according to LSEG data.The total supply of unsold used vehicles on dealer lots across the United States rose 9%, to 2.27 million units in March from a year earlier, according to market research firm Cox Automotive.Last month, Carvana's rival CarMax missed analysts' estimates for fourth-quarter results and said it might not meet its long-term vehicle sales target.","news_type":1},"isVote":1,"tweetType":1,"viewCount":38,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301773751599136,"gmtCreate":1714691253898,"gmtModify":1714691257699,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great!! 🚀🚀🚀🚀🚀","listText":"Great!! 🚀🚀🚀🚀🚀","text":"Great!! 🚀🚀🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301773751599136","repostId":"2432995638","repostType":4,"repost":{"id":"2432995638","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714723230,"share":"https://www.laohu8.com/m/news/2432995638?lang=&edition=full","pubTime":"2024-05-03 16:00","market":"us","language":"en","title":"Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2432995638","media":"Reuters","summary":"May 2 (Reuters) - Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6.2% in extended trade.","content":"<html><head></head><body><p>May 2 (Reuters) - Apple&#39;s quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 5.5% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc49cba9626472a58ca3f0c62f996b9d\" tg-width=\"836\" tg-height=\"823\"/></p><p>Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company&#39;s history, according to Investing.com analyst Thomas Monteiro.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a137507a5f6102524de5183d5f0d0aa7\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>Apple&#39;s quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.</p><p>The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.</p><p>Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, according to LSEG data.</p><p>For Apple&#39;s current quarter, which ends in June, Cook told Reuters the iPhone maker expects &#34;to grow low-single digits&#34; in overall revenue. Wall Street expected 1.33% revenue growth to $82.89 billion, according to LSEG data.</p><p>Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling 10% this year as it struggles with weak iPhone demand and tough competition in China.</p><p>Apple expects current-quarter services and iPad revenue to grow by double digits, CFO Luca Maestri told analysts on a conference call. The company expects gross margins of between 45.5% and 46.5% for the fiscal third quarter.</p><p>Apple faces a raft of challenges across its business. Smartphone rivals such as Samsung Electronics have introduced competing devices aimed at hosting artificial-intelligence chatbots.</p><p>On the regulatory front, Apple&#39;s services business, which contains its lucrative App Store and was one of the few areas of growth in the fiscal second quarter, is under pressure from a new law in Europe. In the United States, the Department of Justice in March accused Apple of monopolizing the smartphone market and driving up prices.</p><p>For the fiscal second quarter, iPhone sales fell 10.5% to $45.96 billion, compared with analyst expectations of $46 billion. Apple executives said in February that the year-ago fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the company caught up from supply-chain snarls during pandemic lockdowns.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/84960a4ebacffbdcc164d98335997d04\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1070\"/><span>Reuters Graphics</span></p><p>Excluding that one-time phenomenon, iPhone sales were down only slightly as the Cupertino, California, company&#39;s signature product faces stiff competition. In China, Huawei Technology (HWT.UL) has gained market share.</p><p>Cook said that iPhone sales still experienced &#34;growth in some markets, including China.&#34;</p><p>Apple&#39;s revenue decline in China was not as steep as analysts expected, with Greater China sales of $16.37 billion for the fiscal second quarter that ended March 30, down 8.1% and above analyst expectations of $15.59 billion, according to data from Visible Alpha.</p><p>Apple has said little about its product plans for artificial intelligence, the technology on which rivals Microsoft and Alphabet&#39;s Google are placing huge bets. The company started ramping up research and development spending last year, and Cook said the company has spent more than $100 billion on R&amp;D in the past five years.</p><p>&#34;We continue to feel very bullish about our opportunity in generative AI and we&#39;re making significant investments,&#34; he said. &#34;We&#39;re looking forward to sharing some very exciting things with our customers&#34; at events later this year, Cook said.</p><p>Monteiro of Investing.com said Apple&#39;s massive share buyback can help buy it time and trust with investors as it works to bring AI into its products.</p><p>&#34;It&#39;s certainly a great time to resort to this strategy as, on the one hand, the stock remains relatively fairly priced, and, on the other hand, it needs to garner solid support for a structural shift that may very well take several quarters to play out,&#34; he said in a note.</p><p>Apple&#39;s quarterly earnings per share were $1.53, above Wall Street estimates of $1.50, according to LSEG data.</p><p>Sales in Apple&#39;s services segment, which also represents Apple Music and TV offerings, rose to $23.87 billion, above analyst expectations of $23.27 billion, according to LSEG data.</p><p>Analysts had expected Mac sales to decline in the fiscal second quarter, but they instead grew to $7.5 billion, compared with estimates of $6.86 billion, according to LSEG data.</p><p>&#34;They were really driven by the strength of the new MacBook Air that&#39;s powered by the M3 chip,&#34; Cook said. &#34;About half of our MacBook Air buyers during the quarter were new to the Mac.&#34;</p><p>The company&#39;s sales in the iPad segment declined to $5.56 billion, below analyst expectations of $5.91 billion.</p><p>In the company&#39;s wearables segment, which represents sales of Apple Watches and AirPods headphones, sales fell to $7.91 billion, compared with analyst estimates of $8.08 billion, according to LSEG data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple Unveils Record $110 Billion Buyback As Results Beat Low Expectations</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 Unveils Record $110 Billion Buyback As Results Beat Low Expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-03 16:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>May 2 (Reuters) - Apple&#39;s quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 5.5% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/dc49cba9626472a58ca3f0c62f996b9d\" tg-width=\"836\" tg-height=\"823\"/></p><p>Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company&#39;s history, according to Investing.com analyst Thomas Monteiro.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a137507a5f6102524de5183d5f0d0aa7\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>Apple&#39;s quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.</p><p>The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.</p><p>Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, according to LSEG data.</p><p>For Apple&#39;s current quarter, which ends in June, Cook told Reuters the iPhone maker expects &#34;to grow low-single digits&#34; in overall revenue. Wall Street expected 1.33% revenue growth to $82.89 billion, according to LSEG data.</p><p>Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling 10% this year as it struggles with weak iPhone demand and tough competition in China.</p><p>Apple expects current-quarter services and iPad revenue to grow by double digits, CFO Luca Maestri told analysts on a conference call. The company expects gross margins of between 45.5% and 46.5% for the fiscal third quarter.</p><p>Apple faces a raft of challenges across its business. Smartphone rivals such as Samsung Electronics have introduced competing devices aimed at hosting artificial-intelligence chatbots.</p><p>On the regulatory front, Apple&#39;s services business, which contains its lucrative App Store and was one of the few areas of growth in the fiscal second quarter, is under pressure from a new law in Europe. In the United States, the Department of Justice in March accused Apple of monopolizing the smartphone market and driving up prices.</p><p>For the fiscal second quarter, iPhone sales fell 10.5% to $45.96 billion, compared with analyst expectations of $46 billion. Apple executives said in February that the year-ago fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the company caught up from supply-chain snarls during pandemic lockdowns.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/84960a4ebacffbdcc164d98335997d04\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"1070\"/><span>Reuters Graphics</span></p><p>Excluding that one-time phenomenon, iPhone sales were down only slightly as the Cupertino, California, company&#39;s signature product faces stiff competition. In China, Huawei Technology (HWT.UL) has gained market share.</p><p>Cook said that iPhone sales still experienced &#34;growth in some markets, including China.&#34;</p><p>Apple&#39;s revenue decline in China was not as steep as analysts expected, with Greater China sales of $16.37 billion for the fiscal second quarter that ended March 30, down 8.1% and above analyst expectations of $15.59 billion, according to data from Visible Alpha.</p><p>Apple has said little about its product plans for artificial intelligence, the technology on which rivals Microsoft and Alphabet&#39;s Google are placing huge bets. The company started ramping up research and development spending last year, and Cook said the company has spent more than $100 billion on R&amp;D in the past five years.</p><p>&#34;We continue to feel very bullish about our opportunity in generative AI and we&#39;re making significant investments,&#34; he said. &#34;We&#39;re looking forward to sharing some very exciting things with our customers&#34; at events later this year, Cook said.</p><p>Monteiro of Investing.com said Apple&#39;s massive share buyback can help buy it time and trust with investors as it works to bring AI into its products.</p><p>&#34;It&#39;s certainly a great time to resort to this strategy as, on the one hand, the stock remains relatively fairly priced, and, on the other hand, it needs to garner solid support for a structural shift that may very well take several quarters to play out,&#34; he said in a note.</p><p>Apple&#39;s quarterly earnings per share were $1.53, above Wall Street estimates of $1.50, according to LSEG data.</p><p>Sales in Apple&#39;s services segment, which also represents Apple Music and TV offerings, rose to $23.87 billion, above analyst expectations of $23.27 billion, according to LSEG data.</p><p>Analysts had expected Mac sales to decline in the fiscal second quarter, but they instead grew to $7.5 billion, compared with estimates of $6.86 billion, according to LSEG data.</p><p>&#34;They were really driven by the strength of the new MacBook Air that&#39;s powered by the M3 chip,&#34; Cook said. &#34;About half of our MacBook Air buyers during the quarter were new to the Mac.&#34;</p><p>The company&#39;s sales in the iPad segment declined to $5.56 billion, below analyst expectations of $5.91 billion.</p><p>In the company&#39;s wearables segment, which represents sales of Apple Watches and AirPods headphones, sales fell to $7.91 billion, compared with analyst estimates of $8.08 billion, according to LSEG data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432995638","content_text":"May 2 (Reuters) - Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 5.5% in premarket trade.Apple increased its cash dividend by 4% and authorized an additional program to buy back $110 billion of stock. The buyback is the largest in the company's history, according to Investing.com analyst Thomas Monteiro.Apple's quarterly revenue fell, but less than analysts had expected, and CEO Tim Cook said revenue growth would return in the current quarter.The results and guidance suggest the company may be regaining its footing in the smartphone market, despite stiff competition and regulatory challenges.Apple said fiscal second-quarter revenue fell 4% to $90.8 billion, beating the average analyst estimate of $90.01 billion, according to LSEG data.For Apple's current quarter, which ends in June, Cook told Reuters the iPhone maker expects \"to grow low-single digits\" in overall revenue. Wall Street expected 1.33% revenue growth to $82.89 billion, according to LSEG data.Long considered a must-own stock on Wall Street, Apple shares have underperformed other Big Tech companies in recent months, falling 10% this year as it struggles with weak iPhone demand and tough competition in China.Apple expects current-quarter services and iPad revenue to grow by double digits, CFO Luca Maestri told analysts on a conference call. The company expects gross margins of between 45.5% and 46.5% for the fiscal third quarter.Apple faces a raft of challenges across its business. Smartphone rivals such as Samsung Electronics have introduced competing devices aimed at hosting artificial-intelligence chatbots.On the regulatory front, Apple's services business, which contains its lucrative App Store and was one of the few areas of growth in the fiscal second quarter, is under pressure from a new law in Europe. In the United States, the Department of Justice in March accused Apple of monopolizing the smartphone market and driving up prices.For the fiscal second quarter, iPhone sales fell 10.5% to $45.96 billion, compared with analyst expectations of $46 billion. Apple executives said in February that the year-ago fiscal second quarter had benefited from a $5 billion surge in iPhone sales as the company caught up from supply-chain snarls during pandemic lockdowns.Reuters GraphicsExcluding that one-time phenomenon, iPhone sales were down only slightly as the Cupertino, California, company's signature product faces stiff competition. In China, Huawei Technology (HWT.UL) has gained market share.Cook said that iPhone sales still experienced \"growth in some markets, including China.\"Apple's revenue decline in China was not as steep as analysts expected, with Greater China sales of $16.37 billion for the fiscal second quarter that ended March 30, down 8.1% and above analyst expectations of $15.59 billion, according to data from Visible Alpha.Apple has said little about its product plans for artificial intelligence, the technology on which rivals Microsoft and Alphabet's Google are placing huge bets. The company started ramping up research and development spending last year, and Cook said the company has spent more than $100 billion on R&D in the past five years.\"We continue to feel very bullish about our opportunity in generative AI and we're making significant investments,\" he said. \"We're looking forward to sharing some very exciting things with our customers\" at events later this year, Cook said.Monteiro of Investing.com said Apple's massive share buyback can help buy it time and trust with investors as it works to bring AI into its products.\"It's certainly a great time to resort to this strategy as, on the one hand, the stock remains relatively fairly priced, and, on the other hand, it needs to garner solid support for a structural shift that may very well take several quarters to play out,\" he said in a note.Apple's quarterly earnings per share were $1.53, above Wall Street estimates of $1.50, according to LSEG data.Sales in Apple's services segment, which also represents Apple Music and TV offerings, rose to $23.87 billion, above analyst expectations of $23.27 billion, according to LSEG data.Analysts had expected Mac sales to decline in the fiscal second quarter, but they instead grew to $7.5 billion, compared with estimates of $6.86 billion, according to LSEG data.\"They were really driven by the strength of the new MacBook Air that's powered by the M3 chip,\" Cook said. \"About half of our MacBook Air buyers during the quarter were new to the Mac.\"The company's sales in the iPad segment declined to $5.56 billion, below analyst expectations of $5.91 billion.In the company's wearables segment, which represents sales of Apple Watches and AirPods headphones, sales fell to $7.91 billion, compared with analyst estimates of $8.08 billion, according to LSEG data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301588569288752,"gmtCreate":1714649440823,"gmtModify":1714649444933,"author":{"id":"3569318025811476","authorId":"3569318025811476","name":"LeonardKSW","avatar":"https://static.tigerbbs.com/eeba92ccfc8a91444aa3e36de4a39425","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wtf.....why usa stocks always over reacting?","listText":"Wtf.....why usa stocks always over reacting?","text":"Wtf.....why usa stocks always over reacting?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301588569288752","repostId":"2432516756","repostType":2,"repost":{"id":"2432516756","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1714603200,"share":"https://www.laohu8.com/m/news/2432516756?lang=&edition=full","pubTime":"2024-05-02 06:40","market":"us","language":"en","title":"Fastly Stock Tumbles After Weak Forecast","url":"https://stock-news.laohu8.com/highlight/detail?id=2432516756","media":"Dow Jones","summary":"Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall ","content":"<html><head></head><body><p style=\"text-align: start;\">Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall Street estimates.</p><p style=\"text-align: start;\">Fastly was down 30.2% in after-hours trading to $9.03. That would be a 52-week low it if holds in regular trading on Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a9b3c300326173215e30b8b379a31798\" tg-width=\"842\" tg-height=\"617\"/></p><p>“I am pleased with the first quarter operating performance, posting non-GAAP operating loss above our guidance and positive cash flow from operations,” Fastly CEO Todd Nightingale said in a statement. “But, we’re not satisfied with our revenue growth outlook.”</p><p>For the March quarter, the company posted revenue of $133.5 million, up 14% from a year ago, and slightly ahead of the Wall Street consensus as tracked by FactSet of $133.1 million. The company lost 5 cents a share in the quarter on an adjusted basis, about a penny narrower than Wall Street had expected. Under generally accepted accounting principles, the company lost 32 cents a share.</p><p>Investors were clearly worried about Fastly’s guidance, and the company’s press release and accompanying slide deck did little to illuminate the underlying issues.</p><p>For the quarter, the company sees revenue of between $130 million and $134 million. At the midpoint of the range, that is well below the consensus of $140.4 million, with a non-GAAP loss of 6 to 10 cents a share, wider than the Street consensus forecast for a loss of 2 cents a share.</p><p>For the full year, Fastly now projects revenue of between $555 million and $565 million, with an adjusted loss of 6 to 12 cents a share; the consensus estimate had called for $585 million and a loss of 3 cents.</p><p>Fastly’s previous guidance for the year had called for revenue of $580 million to $590 million with adjusted profits ranging from breakeven to a loss of 6 cents a share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Fastly Stock Tumbles After Weak Forecast</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\">\nFastly Stock Tumbles After Weak Forecast\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-05-02 06:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall Street estimates.</p><p style=\"text-align: start;\">Fastly was down 30.2% in after-hours trading to $9.03. That would be a 52-week low it if holds in regular trading on Thursday.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a9b3c300326173215e30b8b379a31798\" tg-width=\"842\" tg-height=\"617\"/></p><p>“I am pleased with the first quarter operating performance, posting non-GAAP operating loss above our guidance and positive cash flow from operations,” Fastly CEO Todd Nightingale said in a statement. “But, we’re not satisfied with our revenue growth outlook.”</p><p>For the March quarter, the company posted revenue of $133.5 million, up 14% from a year ago, and slightly ahead of the Wall Street consensus as tracked by FactSet of $133.1 million. The company lost 5 cents a share in the quarter on an adjusted basis, about a penny narrower than Wall Street had expected. Under generally accepted accounting principles, the company lost 32 cents a share.</p><p>Investors were clearly worried about Fastly’s guidance, and the company’s press release and accompanying slide deck did little to illuminate the underlying issues.</p><p>For the quarter, the company sees revenue of between $130 million and $134 million. At the midpoint of the range, that is well below the consensus of $140.4 million, with a non-GAAP loss of 6 to 10 cents a share, wider than the Street consensus forecast for a loss of 2 cents a share.</p><p>For the full year, Fastly now projects revenue of between $555 million and $565 million, with an adjusted loss of 6 to 12 cents a share; the consensus estimate had called for $585 million and a loss of 3 cents.</p><p>Fastly’s previous guidance for the year had called for revenue of $580 million to $590 million with adjusted profits ranging from breakeven to a loss of 6 cents a share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4116":"互联网服务与基础架构"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432516756","content_text":"Fastly shares shed more than a quarter of their value in late trading Wednesday, after the internet infrastructure and security software provider issued an outlook that fell well shy of previous Wall Street estimates.Fastly was down 30.2% in after-hours trading to $9.03. That would be a 52-week low it if holds in regular trading on Thursday.“I am pleased with the first quarter operating performance, posting non-GAAP operating loss above our guidance and positive cash flow from operations,” Fastly CEO Todd Nightingale said in a statement. “But, we’re not satisfied with our revenue growth outlook.”For the March quarter, the company posted revenue of $133.5 million, up 14% from a year ago, and slightly ahead of the Wall Street consensus as tracked by FactSet of $133.1 million. The company lost 5 cents a share in the quarter on an adjusted basis, about a penny narrower than Wall Street had expected. Under generally accepted accounting principles, the company lost 32 cents a share.Investors were clearly worried about Fastly’s guidance, and the company’s press release and accompanying slide deck did little to illuminate the underlying issues.For the quarter, the company sees revenue of between $130 million and $134 million. At the midpoint of the range, that is well below the consensus of $140.4 million, with a non-GAAP loss of 6 to 10 cents a share, wider than the Street consensus forecast for a loss of 2 cents a share.For the full year, Fastly now projects revenue of between $555 million and $565 million, with an adjusted loss of 6 to 12 cents a share; the consensus estimate had called for $585 million and a loss of 3 cents.Fastly’s previous guidance for the year had called for revenue of $580 million to $590 million with adjusted profits ranging from breakeven to a loss of 6 cents a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":60,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301185501188312,"gmtCreate":1714551131440,"gmtModify":1714551135264,"author":{"id":"4131703342800552","authorId":"4131703342800552","name":"neo26000","avatar":"https://community-static.tradeup.com/news/af53ce85df53718f6c2d268fdf544d17","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Time to switch to kopi-c or kopi-o","listText":"Time to switch to kopi-c or kopi-o","text":"Time to switch to kopi-c or kopi-o","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301185501188312","repostId":"1150102793","repostType":2,"repost":{"id":"1150102793","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550796,"share":"https://www.laohu8.com/m/news/1150102793?lang=&edition=full","pubTime":"2024-05-01 16:06","market":"us","language":"en","title":"Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1150102793","media":"Reuters","summary":"April 30 (Reuters) - Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its co","content":"<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</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>Starbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets</title>\n<style 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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\">\nStarbucks Slumped 12% after Cutting Annual Sales Forecast As Demand Cools in Key US, China Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.</p><p>Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/a68712dc9f5e7d5e9ad4d6cb0b84b1a4\" tg-width=\"837\" tg-height=\"850\"/></p><p>Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.</p><p>The second quarter was &#34;challenging&#34;, CFO Rachel Ruggeri said on a post-earnings call.</p><p>&#34;...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,&#34; Ruggeri said.</p><p>Western brands such as Starbucks and McDonald&#39;s MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel&#39;s military offensive in the Gaza Strip.</p><p>In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.</p><p>The coffee chain&#39;s second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.</p><p>&#34;We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,&#34; CEO Laxman Narasimhan said on a post-earnings call</p><p>Comparable sales fell 11% in China and 3% in the United States.</p><p>&#34;In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,&#34; said Matthew Goodman, senior analyst at research firm M Science.</p><p>Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.</p><p>Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.</p><p>Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150102793","content_text":"Starbucks on Tuesday cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years, as it struggles with weak demand for its coffees in the United States and China, its two biggest markets.Shares of the company slumped 12% on Wednesday in morning trading as the coffee chain also missed estimates for quarterly profit and flagged a hit from geopolitical uncertainties in the Middle East.Starbucks expects comparable sales growth - both globally and in the U.S. - to be in the range of a low single-digit decline to flat for the full year, down from its previous range of 4% to 6% growth.The second quarter was \"challenging\", CFO Rachel Ruggeri said on a post-earnings call.\"...Headwinds consistently persisted throughout the quarter leading us to revamp our actions and response plans to both unlock and attract demand,\" Ruggeri said.Western brands such as Starbucks and McDonald's MCD.N are also feeling the impact of a boycott campaign in the Middle East and certain other countries over Israel's military offensive in the Gaza Strip.In the U.S., Starbucks faced decelerating demand as cold weather in January and a choppy macro environment weighed on sales of its pricier beverages.The coffee chain's second-quarter global comparable sales fell 4%, compared with a 1.44% rise estimated by analysts, according to LSEG data.\"We still see the effects of a slower-than-expected recovery, and we see fierce competition among value players in the market,\" CEO Laxman Narasimhan said on a post-earnings callComparable sales fell 11% in China and 3% in the United States.\"In the near term we think the company would be well-served to articulate a plan to reinvigorate traffic trends,\" said Matthew Goodman, senior analyst at research firm M Science.Data from M Science shows that sales growth decelerated further month-over-month in February and has yet to recover, including in the current quarter.Operating margin in the reported quarter fell 240 basis points to 12.8% as Starbucks grappled with a tough labor market and increased union actions, while boosting investments in promotions to whip up demand.Excluding items, the company earned a profit of 68 cents per share, missing market expectations of 79 cents.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301184024862952,"gmtCreate":1714550765586,"gmtModify":1714550769991,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice!! 👏👏👏👏","listText":"Nice!! 👏👏👏👏","text":"Nice!! 👏👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301184024862952","repostId":"2432361005","repostType":4,"repost":{"id":"2432361005","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550664,"share":"https://www.laohu8.com/m/news/2432361005?lang=&edition=full","pubTime":"2024-05-01 16:04","market":"us","language":"en","title":"Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition","url":"https://stock-news.laohu8.com/highlight/detail?id=2432361005","media":"Reuters","summary":"April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue","content":"<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition</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\">\nSuper Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://www.channelnewsasia.com/business/super-micro-misses-quarterly-revenue-estimates-stiff-competition-shares-fall-4304601","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432361005","content_text":"Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.The AI server maker was added to the S&P 500 index last month.Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.\"As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,\" Super Micro CEO Charles Liang said in a statement.Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.Reuters GraphicsThe company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts' estimates of $5.78 per share.Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.Reuters Graphics","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301184084078688,"gmtCreate":1714550690774,"gmtModify":1714550695598,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Run? 😱😱😱","listText":"Run? 😱😱😱","text":"Run? 😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301184084078688","repostId":"2432617534","repostType":4,"repost":{"id":"2432617534","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550514,"share":"https://www.laohu8.com/m/news/2432617534?lang=&edition=full","pubTime":"2024-05-01 16:01","market":"us","language":"en","title":"AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2432617534","media":"Reuters","summary":"April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa ","content":"<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%</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\">\nAMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/amd-ai-chip-revenue-forecast-fails-impress-shares-dive-7-4304646","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432617534","content_text":"Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.The increase of a half billion dollars was not enough to meet Wall Street's lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.\"I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren't making as much progress as the street hopes,\" Ben Bajarin, CEO of consulting firm Creative Strategies, said.Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue. These processors cannot effectively handle the complex tasks associated with AI.\"Overall AI demand has exceeded anyone's expectations in 2024,\" Su said in the conference call.While some of AMD's central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.Nvidia shares fell 1.9% in extended trading.On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD's MI300 series of AI processors to offset weakness in the traditional server market.Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft's Xbox and the Sony PlayStation 5 has already hit its peak.This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD's videogame console revenue peaks after roughly four years.Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts' average estimate, according to LSEG data.AMD reported revenue of $5.47 billion for the first quarter, compared to analysts' average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301051568361512,"gmtCreate":1714518432537,"gmtModify":1714518436016,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Run!! 😱😱😱😱😱😱","listText":"Run!! 😱😱😱😱😱😱","text":"Run!! 😱😱😱😱😱😱","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301051568361512","repostId":"2432361005","repostType":4,"repost":{"id":"2432361005","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550664,"share":"https://www.laohu8.com/m/news/2432361005?lang=&edition=full","pubTime":"2024-05-01 16:04","market":"us","language":"en","title":"Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition","url":"https://stock-news.laohu8.com/highlight/detail?id=2432361005","media":"Reuters","summary":"April 30 (Reuters) - Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue","content":"<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Super Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition</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\">\nSuper Micro Shares Tumbled 11% after Missing Quarterly Revenue Estimates on Stiff Competition\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.</p><p>Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/0106078b45eace0526912da79a1eca3e\" tg-width=\"851\" tg-height=\"838\"/></p><p>The AI server maker was added to the S&amp;P 500 index last month.</p><p>Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.</p><p>&#34;As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,&#34; Super Micro CEO Charles Liang said in a statement.</p><p>Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro&#39;s, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.</p><p>The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8e1d2c4f3601738be2f046364aa8025f\" title=\"Reuters Graphics\" tg-width=\"1508\" tg-height=\"954\"/><span>Reuters Graphics</span></p><p>The company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.</p><p>Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts&#39; estimates of $5.78 per share.</p><p>Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.</p><p>Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.</p><p>Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/2c4e535924f8b43ca37bd395a5cd602c\" title=\"Reuters Graphics\" tg-width=\"1420\" tg-height=\"984\"/><span>Reuters Graphics</span></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SMCI":"超微电脑"},"source_url":"https://www.channelnewsasia.com/business/super-micro-misses-quarterly-revenue-estimates-stiff-competition-shares-fall-4304601","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432361005","content_text":"Super Micro Computer reported third-quarter revenue below estimates on Tuesday, hurt by stiff competition in the server-making industry, however it forecast fourth-quarter revenue above estimates as it expects steady demand for its AI servers.Shares of the San Jose, California-based company, which have more than tripled in value so far this year, were down 11% in morning trading.The AI server maker was added to the S&P 500 index last month.Super Micro is banking on its in-house liquid cooling technology for servers to gain market share in a competitive industry.\"As new solutions ramp, including fully production ready DLC (Direct Liquid Cooling), we expect to continue gaining market share,\" Super Micro CEO Charles Liang said in a statement.Its close relations with chip giants Nvidia and Advanced Micro Devices (AMD), whose headquarters are less than 10 miles from Super Micro's, help it receive early samples of chips to check prototypes, giving it further advantage over rivals.The company expects fourth-quarter revenue between $5.1 billion and $5.5 billion, compared with estimates of $4.89 billion, according to LSEG data.Reuters GraphicsThe company raised its annual sales forecast to a range of $14.7 billion to $15.1 billion from the previously stated $14.3 billion to $14.7 billion.Excluding items, Super Micro reported a profit of $6.65 per share in the first quarter, compared with analysts' estimates of $5.78 per share.Revenue for the quarter ended March 31 stood at $3.85 billion, compared with estimates of $3.95 billion, according to LSEG data.Rivals Dell and Hewlett Packard Enterprise could eventually catch up and heat up competition in the sector and drive down prices. But for now analysts see Super Micro as being well placed.Gross margin for the three-month period was 15.5%, compared with 17.6%, a year ago, in line with analyst expectations.Reuters Graphics","news_type":1},"isVote":1,"tweetType":1,"viewCount":4,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":301051430768704,"gmtCreate":1714518407593,"gmtModify":1714518410407,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👏👏👏👏👏👏","listText":"👏👏👏👏👏👏","text":"👏👏👏👏👏👏","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/301051430768704","repostId":"2432617534","repostType":4,"repost":{"id":"2432617534","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714550514,"share":"https://www.laohu8.com/m/news/2432617534?lang=&edition=full","pubTime":"2024-05-01 16:01","market":"us","language":"en","title":"AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%","url":"https://stock-news.laohu8.com/highlight/detail?id=2432617534","media":"Reuters","summary":"April 30 (Reuters) - Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 7.1% in extended trade.Chief Executive Officer Lisa ","content":"<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%</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\">\nAMD AI Chip Revenue Forecast Fails to Impress, Shares Dive 6.7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-05-01 16:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/4c5e2b0d5a972f9109e64e97329c6554\" tg-width=\"852\" tg-height=\"845\"/></p><p>Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/5b018cc8057ef712045a5c6c4c71772c\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The increase of a half billion dollars was not enough to meet Wall Street&#39;s lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.</p><p>&#34;I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren&#39;t making as much progress as the street hopes,&#34; Ben Bajarin, CEO of consulting firm Creative Strategies, said.</p><p>Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD&#39;s revenue. These processors cannot effectively handle the complex tasks associated with AI.</p><p>&#34;Overall AI demand has exceeded anyone&#39;s expectations in 2024,&#34; Su said in the conference call.</p><p>While some of AMD&#39;s central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.</p><p>Nvidia shares fell 1.9% in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/296c05982e0eff8c2ae85144b0af29ab\" title=\"\" tg-width=\"840\" tg-height=\"621\"/></p><p>On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.</p><p>Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD&#39;s MI300 series of AI processors to offset weakness in the traditional server market.</p><p>Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.</p><p>Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft&#39;s Xbox and the Sony PlayStation 5 has already hit its peak.</p><p>This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD&#39;s videogame console revenue peaks after roughly four years.</p><p>Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.</p><p>The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts&#39; average estimate, according to LSEG data.</p><p>AMD reported revenue of $5.47 billion for the first quarter, compared to analysts&#39; average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司","NVDA":"英伟达"},"source_url":"https://www.channelnewsasia.com/business/amd-ai-chip-revenue-forecast-fails-impress-shares-dive-7-4304646","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2432617534","content_text":"Advanced Micro Devices (AMD) forecast AI chip sales on Tuesday that failed to impress investors, knocking its stock down about 6.7% in premarket trade.Chief Executive Officer Lisa Su told analysts on a conference call that AMD expects AI chip sales of roughly $4 billion for 2024, an increase of $500 million from its prior estimate for the year.The increase of a half billion dollars was not enough to meet Wall Street's lofty expectations for AI chips. Nvidia has consistently crushed investor expectations because of soaring AI chip sales.\"I think investors wanted to see a stronger demand pipeline from AI-related products, but it is a slower ramp for them against Nvidia and perhaps they aren't making as much progress as the street hopes,\" Ben Bajarin, CEO of consulting firm Creative Strategies, said.Enterprises rushing to adopt generative AI have prioritized spending on AI server chips, hitting demand for traditional server semiconductors, which constitute a large portion of AMD's revenue. These processors cannot effectively handle the complex tasks associated with AI.\"Overall AI demand has exceeded anyone's expectations in 2024,\" Su said in the conference call.While some of AMD's central processors (CPUs) are used in conjunction with AI chips, the ratio is skewed in favor of more advanced AI processors versus CPUs. AMD trails front-runner Nvidia, which has about 80% of the booming market for artificial intelligence server semiconductors.Nvidia shares fell 1.9% in extended trading.On an adjusted basis, AMD forecast gross margin of about 53% for the second quarter, just beating the estimate of 52.9%.Revenue at its data center business jumped 80% to $2.3 billion. Analysts had expected revenue growth from AMD's MI300 series of AI processors to offset weakness in the traditional server market.Uncertain demand from the gaming market has further hurt AMD. Personal computing and console gaming revenue growth is expected to remain below pre-pandemic levels through 2026, according to research firm Newzoo.Gaming revenue fell 48% to $922 million. The company had forecast significant double-digit percentage declines in this segment as revenue from the chips it designs for gaming consoles such as Microsoft's Xbox and the Sony PlayStation 5 has already hit its peak.This year marks the fifth year since the most recent generation of gaming consoles has been released, CFO Jean Hu had said in January. AMD's videogame console revenue peaks after roughly four years.Revenue from the embedded segment fell 46% to $846 million compared with the year-ago quarter. The company had said in January demand for the segment will remain soft through the first half of the year. Ongoing inventory corrections have hit revenue from this segment as clients clear out a build-up of chips.The company forecast revenue of about $5.70 billion, plus or minus $300 million, for the second quarter, in line with analysts' average estimate, according to LSEG data.AMD reported revenue of $5.47 billion for the first quarter, compared to analysts' average estimate of $5.46 billion. AMD reported per-share earnings of 62 cents, adjusted for stock-based compensation, among other items. Analysts expected adjusted earnings of 61 cents a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298874595766336,"gmtCreate":1713999332215,"gmtModify":1713999335724,"author":{"id":"4159389029106972","authorId":"4159389029106972","name":"HJKJ","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc","listText":"Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc","text":"Time to outsource, fire employees instead of working on new sales revenues or increasing the volume. That's the issue at core with all the CEOs and management at every corporation. Not to mention the political side of things, election interference etc","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298874595766336","repostId":"1134787563","repostType":4,"repost":{"id":"1134787563","pubTimestamp":1713995543,"share":"https://www.laohu8.com/m/news/1134787563?lang=&edition=full","pubTime":"2024-04-25 05:52","market":"us","language":"en","title":"Meta Shares Tumble over 15% After Revenue Forecast Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=1134787563","media":"Bloomberg","summary":"Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796676338758676%22,%22type%22:1%7D\" title=\"Meta 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Meta 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>The shares plunged as much as 15% as investors balked</p></li><li><p>Second-quarter revenue forecast was weaker than expected</p></li></ul><p>Meta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eb7624773a10f50cdfb9234e4a1e25f3\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e2798332604c3a1a61fd1ba889722da7\" title=\"\" tg-width=\"786\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.</p><p>“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.</p><p>At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.</p><p style=\"text-align: start;\">Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.</p><p>“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”</p><p style=\"text-align: start;\">In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.</p><p style=\"text-align: start;\">Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.</p><p style=\"text-align: start;\">But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.</p><p>The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.</p><p style=\"text-align: start;\">On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.</p><p style=\"text-align: start;\">The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.</p><p style=\"text-align: start;\">Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.</p><p style=\"text-align: start;\">Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.</p><p style=\"text-align: start;\">Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”</p><p style=\"text-align: start;\">Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.</p><p>Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Shares Tumble over 15% After Revenue Forecast Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Shares Tumble over 15% After Revenue Forecast Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 05:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134787563","content_text":"【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299120771702856,"gmtCreate":1714053658592,"gmtModify":1714053662453,"author":{"id":"3576157343730083","authorId":"3576157343730083","name":"Dr Rck","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!","listText":"caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!","text":"caterpillar is a strong indication of how the economy is doing! If it falls, or showing gradual sign of decline it means something! With hot inflation and slower growth, something more is coming up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299120771702856","repostId":"1114228007","repostType":2,"repost":{"id":"1114228007","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1714043972,"share":"https://www.laohu8.com/m/news/1114228007?lang=&edition=full","pubTime":"2024-04-25 19:19","market":"us","language":"en","title":"Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades","url":"https://stock-news.laohu8.com/highlight/detail?id=1114228007","media":"Reuters","summary":"April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year's boom, sending its shares down 4% in pr","content":"<html><head></head><body><p>April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year&#39;s boom, sending its shares down 4% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7d644be70fba09b1dcb8557dbb7a8d7c\" tg-width=\"840\" tg-height=\"623\"/></p><p>Caterpillar had benefited from President Joe Biden&#39;s $1 trillion 2021 infrastructure law to upgrade roads, bridges and other transportation infrastructure that sent sales at the company surging early last year.</p><p>However, the boom from last year has eased off, and the company also forecast roughly flat sales for the year. For the first-quarter, revenue fell to $15.80 billion from $15.86 billion a year ago.</p><p>Still, the company posted a rise in quarterly profit due to higher prices, which helped it offset the impact from lingering supply chain constraints and higher steel prices.</p><p>The company&#39;s net income rose to $2.86 billion, or $5.75 per share, in the first quarter ended March 31, from $1.94 billion, or $3.74 per share, a year earlier.</p><p>It reported an adjusted per-share profit of $5.60 for the first quarter, compared with $4.91 last year.</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>Caterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades</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\">\nCaterpillar Sees Lower Second-Quarter Sales As Machinery Boom Fades\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-04-25 19:19</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year&#39;s boom, sending its shares down 4% in premarket trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/7d644be70fba09b1dcb8557dbb7a8d7c\" tg-width=\"840\" tg-height=\"623\"/></p><p>Caterpillar had benefited from President Joe Biden&#39;s $1 trillion 2021 infrastructure law to upgrade roads, bridges and other transportation infrastructure that sent sales at the company surging early last year.</p><p>However, the boom from last year has eased off, and the company also forecast roughly flat sales for the year. For the first-quarter, revenue fell to $15.80 billion from $15.86 billion a year ago.</p><p>Still, the company posted a rise in quarterly profit due to higher prices, which helped it offset the impact from lingering supply chain constraints and higher steel prices.</p><p>The company&#39;s net income rose to $2.86 billion, or $5.75 per share, in the first quarter ended March 31, from $1.94 billion, or $3.74 per share, a year earlier.</p><p>It reported an adjusted per-share profit of $5.60 for the first quarter, compared with $4.91 last year.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CAT":"卡特彼勒"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114228007","content_text":"April 25 (Reuters) - Caterpillar said on Thursday it expects sales to fall in the current quarter as demand for its construction equipment eases from last year's boom, sending its shares down 4% in premarket trading.Caterpillar had benefited from President Joe Biden's $1 trillion 2021 infrastructure law to upgrade roads, bridges and other transportation infrastructure that sent sales at the company surging early last year.However, the boom from last year has eased off, and the company also forecast roughly flat sales for the year. For the first-quarter, revenue fell to $15.80 billion from $15.86 billion a year ago.Still, the company posted a rise in quarterly profit due to higher prices, which helped it offset the impact from lingering supply chain constraints and higher steel prices.The company's net income rose to $2.86 billion, or $5.75 per share, in the first quarter ended March 31, from $1.94 billion, or $3.74 per share, a year earlier.It reported an adjusted per-share profit of $5.60 for the first quarter, compared with $4.91 last year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":61,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298698240585840,"gmtCreate":1713933108550,"gmtModify":1713933113460,"author":{"id":"3577580366301047","authorId":"3577580366301047","name":"All in Tesla","avatar":"https://community-static.tradeup.com/news/8db11f6e6a9a2a52850e734188850dc2","crmLevel":6,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"I have quite a substantial amount of shares&nbsp;in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊","listText":"I have quite a substantial amount of shares&nbsp;in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊","text":"I have quite a substantial amount of shares in Tesla which I'm contented but I just can't resist buying at insane prices. Even if Tesla were to jump 400 I'm still not selling. Tesla could easily 10X from here. 👊","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298698240585840","repostId":"1101803932","repostType":2,"repost":{"id":"1101803932","pubTimestamp":1713909028,"share":"https://www.laohu8.com/m/news/1101803932?lang=&edition=full","pubTime":"2024-04-24 05:50","market":"us","language":"en","title":"Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss","url":"https://stock-news.laohu8.com/highlight/detail?id=1101803932","media":"Bloomberg","summary":"Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to start production on the cheaper c","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796727569642548%22,%22type%22:1%7D\" title=\"Tesla 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Tesla 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>Company plans to start making new models before end of 2025</p></li><li><p>EV maker’s first quarter profit, revenue undershoot estimates</p></li></ul><p>Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.</p><p>The electric-vehicle maker plans to release the cheaper cars by the end of this year or in early next, well ahead of the late-2025 timing it had previously pledged. The Elon Musk-led company has been coping with a sales slump as EV demand falters.</p><p>Tesla’s shares rose more than 13% after regular trading in New York. The stock tumbled 42% this year through Tuesday’s close, the worst performance in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f0f7713f0c39a90c610dec386f12fabb\" tg-width=\"781\" tg-height=\"624\"/></p><p style=\"text-align: start;\">“We’ve updated our future vehicle line-up to accelerate the launch of new models ahead of the previously mentioned start of production in the second half of 2025. So we expect it to be more like early 2025, if not late this year,” Musk said on a call with analysts.</p><p style=\"text-align: start;\">The decision to speed up the debut of cheaper models was welcomed by investors and overshadowed what was otherwise an ugly quarter for the EV market leader. It missed Wall Street’s estimates for earnings, sales and margins, while warning of slow growth throughout the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/95ff8ccc4fef250d1aa9d762f500981e\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: start;\">The CEO also took a dig at rivals like General Motors Co. and Ford Motor Co., which have paced EV production and moved to reboot their offerings of gas-electric hybrids.</p><p style=\"text-align: start;\">“The EV adoption rate globally is under pressure and a lot of other auto manufactures are pulling back on EVs and pursuing plug-in hybrids instead. We believe this is not the right strategy,” he said.</p><p style=\"text-align: start;\">Tesla’s own strategy has been muddled for much of 2024. It’s spent the last year slashing prices across its lineup in an effort to boost sales volume, only to find demand for its vehicles slowed.</p><p style=\"text-align: start;\">Adding to the company’s woes has been Musk’s abrupt decision to go “balls to the wall” on a dedicated robotaxi for which the company lacks regulatory approval and possibly the technological capability. Investors had expected the company to instead focus on a new, $25,000 model that Musk had promised to go into production before the end of next year.</p><p style=\"text-align: start;\">It wasn’t immediately clear if Tesla’s “more affordable models” pledge was a reference to the long-discussed low-cost car, sometimes dubbed the Model 2. Many investors see that as way to help generate new enthusiasm around its lineup and draw new customers.</p><p style=\"text-align: start;\">“I think we have said all that we will on that front,” Musk said when asked about the affordable models.</p><p>Tesla gave no timeline, but said it’s continuing to pursue a new module-based “unboxed” manufacturing process for its promised robotaxi model. In a reflection of leaner times, Tesla noted those new models will be built on existing manufacturing lines at current factories to maximize capacity and grow “prudently.”</p><p style=\"text-align: start;\">The carmaker remains the dominant EV maker in the US market, but its earnings have been under pressure for several quarters. Tesla’s automotive gross margin — a key measure of profitability — was 16.4% in the first quarter, smaller than the 17.6% Wall Street expected. That’s far from the 30% peak margin it reported at the start of 2022.</p><p>Tesla’s adjusted earnings per share came to 45 cents in the first three months of the year, compared with Wall Street’s expectation of 52 cents a share. Revenue fell 9% to $21.3 billion, according to a statement Tuesday, in line with its first year-over-year drop in deliveries since 2020. That was still short of the $22.3 billion analysts expected.</p><p style=\"text-align: start;\">Meanwhile, Tesla’s global vehicle inventory rose to 28 days, a huge increase from the 15 days at the end of the last quarter. The metric captures how long it takes for a car company to move vehicles off its lots. Tesla sells its cars direct to consumers, and doesn’t have a dealer network.</p><p style=\"text-align: start;\">Tesla isn’t alone in feeling the pinch from a lot of supply chasing waning demand. Average industrywide new vehicle inventories in the US rose to 72 days’ supply at the start of April, according to Cox Automotive. Tesla’s Chief Financial Officer Vaibhav Taneja told investors on the call that the growth in inventories is a temporary setback.</p><p style=\"text-align: start;\">“We expect the inventory build to reverse in the second quarter and free cash flow to return to positive” territory, Taneja said.</p><p style=\"text-align: start;\">The Austin-based EV maker kept its near-term growth expectations in check, saying deliveries may be lower than last year. “In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next generation vehicle and other products,” it said.</p><p style=\"text-align: start;\">Earlier this month, Tesla initiated its largest-ever round of layoffs, cutting more than 10% of positions — though Bloomberg has reported the company may ultimately let go some 20% of its staff. At the same time, two senior executives quit, raising questions about who is in charge of key initiatives. Another executive, Tesla’s head of investor relations, Martin Viecha, said on Tuesday’s call he was resigning.</p></body></html>","source":"lsy1584095487587","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 Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss</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 Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 05:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Tesla 2024Q1 Earnings Conference Call】Company plans to start making new models before end of 2025EV maker’s first quarter profit, revenue undershoot estimatesTesla Inc. is accelerating the launch of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia\">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://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101803932","content_text":"【Tesla 2024Q1 Earnings Conference Call】Company plans to start making new models before end of 2025EV maker’s first quarter profit, revenue undershoot estimatesTesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to release the cheaper cars by the end of this year or in early next, well ahead of the late-2025 timing it had previously pledged. The Elon Musk-led company has been coping with a sales slump as EV demand falters.Tesla’s shares rose more than 13% after regular trading in New York. The stock tumbled 42% this year through Tuesday’s close, the worst performance in the S&P 500 Index.“We’ve updated our future vehicle line-up to accelerate the launch of new models ahead of the previously mentioned start of production in the second half of 2025. So we expect it to be more like early 2025, if not late this year,” Musk said on a call with analysts.The decision to speed up the debut of cheaper models was welcomed by investors and overshadowed what was otherwise an ugly quarter for the EV market leader. It missed Wall Street’s estimates for earnings, sales and margins, while warning of slow growth throughout the year.The CEO also took a dig at rivals like General Motors Co. and Ford Motor Co., which have paced EV production and moved to reboot their offerings of gas-electric hybrids.“The EV adoption rate globally is under pressure and a lot of other auto manufactures are pulling back on EVs and pursuing plug-in hybrids instead. We believe this is not the right strategy,” he said.Tesla’s own strategy has been muddled for much of 2024. It’s spent the last year slashing prices across its lineup in an effort to boost sales volume, only to find demand for its vehicles slowed.Adding to the company’s woes has been Musk’s abrupt decision to go “balls to the wall” on a dedicated robotaxi for which the company lacks regulatory approval and possibly the technological capability. Investors had expected the company to instead focus on a new, $25,000 model that Musk had promised to go into production before the end of next year.It wasn’t immediately clear if Tesla’s “more affordable models” pledge was a reference to the long-discussed low-cost car, sometimes dubbed the Model 2. Many investors see that as way to help generate new enthusiasm around its lineup and draw new customers.“I think we have said all that we will on that front,” Musk said when asked about the affordable models.Tesla gave no timeline, but said it’s continuing to pursue a new module-based “unboxed” manufacturing process for its promised robotaxi model. In a reflection of leaner times, Tesla noted those new models will be built on existing manufacturing lines at current factories to maximize capacity and grow “prudently.”The carmaker remains the dominant EV maker in the US market, but its earnings have been under pressure for several quarters. Tesla’s automotive gross margin — a key measure of profitability — was 16.4% in the first quarter, smaller than the 17.6% Wall Street expected. That’s far from the 30% peak margin it reported at the start of 2022.Tesla’s adjusted earnings per share came to 45 cents in the first three months of the year, compared with Wall Street’s expectation of 52 cents a share. Revenue fell 9% to $21.3 billion, according to a statement Tuesday, in line with its first year-over-year drop in deliveries since 2020. That was still short of the $22.3 billion analysts expected.Meanwhile, Tesla’s global vehicle inventory rose to 28 days, a huge increase from the 15 days at the end of the last quarter. The metric captures how long it takes for a car company to move vehicles off its lots. Tesla sells its cars direct to consumers, and doesn’t have a dealer network.Tesla isn’t alone in feeling the pinch from a lot of supply chasing waning demand. Average industrywide new vehicle inventories in the US rose to 72 days’ supply at the start of April, according to Cox Automotive. Tesla’s Chief Financial Officer Vaibhav Taneja told investors on the call that the growth in inventories is a temporary setback.“We expect the inventory build to reverse in the second quarter and free cash flow to return to positive” territory, Taneja said.The Austin-based EV maker kept its near-term growth expectations in check, saying deliveries may be lower than last year. “In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next generation vehicle and other products,” it said.Earlier this month, Tesla initiated its largest-ever round of layoffs, cutting more than 10% of positions — though Bloomberg has reported the company may ultimately let go some 20% of its staff. At the same time, two senior executives quit, raising questions about who is in charge of key initiatives. Another executive, Tesla’s head of investor relations, Martin Viecha, said on Tuesday’s call he was resigning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":97,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299244371382384,"gmtCreate":1714083914539,"gmtModify":1714083916759,"author":{"id":"3581563418944392","authorId":"3581563418944392","name":"Andrewinho","avatar":"https://static.tigerbbs.com/3127e2bc40ab23064a5187a00a63e19b","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"👏👏👏🚀🚀🚀","listText":"👏👏👏🚀🚀🚀","text":"👏👏👏🚀🚀🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299244371382384","repostId":"1161094507","repostType":4,"repost":{"id":"1161094507","pubTimestamp":1714082038,"share":"https://www.laohu8.com/m/news/1161094507?lang=&edition=full","pubTime":"2024-04-26 05:53","market":"us","language":"en","title":"Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=1161094507","media":"Bloomberg","summary":"Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796649198434308%22,%22type%22:1%7D\t\" title=\"Live: Microsoft FY2024Q3 Earnings Conference Call\" target=\"_blank\" class=\"\">Live: Microsoft FY2024Q3 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>Azure cloud revenue gained 31% in quarter, beating estimates</p></li><li><p>‘Microsoft appears to be in an excellent position to thrive’</p></li></ul><p>Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9b413c4d66f72f4846e18addf0517627\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>Revenue in the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 a share, the company said in a statement Thursday. Analysts on average estimated per-share earnings of $2.83 on sales of $60.9 billion. The shares jumped 4.43% in late trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/aa1600663224e00f5f41c6e92b27dcb2\" title=\"\" tg-width=\"801\" tg-height=\"630\"/></p><p>Chief Executive Officer Satya Nadella has been infusing Microsoft’s entire product line with AI technology from partner OpenAI. The bet is starting to pay off, with some customers adding AI tools that summarize documents and generate content or signing up for Azure cloud subscriptions featuring OpenAI products.</p><p>“Microsoft’s generative AI-specific revenue has already become a key stock driver,” said Dan Morgan, a senior portfolio manager at Synovus Trust Co. “Microsoft appears to be in an excellent position to thrive.”</p><p>Azure revenue gained 31% in the quarter, above an average prediction of 29% and picking up slightly from the 30% growth in the previous period. About 7% of that increase was attributable to AI, compared with 6% in the previous quarter.</p><p style=\"text-align: start;\">“You’re seeing healthy growth really across Azure, in the non-AI and AI services, which is important,” Chief Financial Officer Amy Hood said in an interview. “While of course it’s still early in the long-term AI monetization opportunity, we feel good about where we are.” The company is pleased with what it’s seen so far in terms of customer adoption, she said.</p><p style=\"text-align: start;\">Commercial cloud product revenue rose 23% to $35.1 billion, Microsoft said. Commercial bookings, a measure of future revenue, rose 29%, “quite a bit ahead of where we expected,” Hood said.</p><p style=\"text-align: start;\">The shares gained about 5% in late trading. They had closed at $399.04 in New York. The stock climbed 12% in the March quarter on optimism that the company’s early lead in releasing generative AI products would boost sales.</p><h3 id=\"id_2269194576\" style=\"text-align: start;\">AI Assistants</h3><p style=\"text-align: start;\">Microsoft has leveraged its $13 billion investment in research pioneer OpenAI to create a series of AI assistants and other features for products ranging from Windows to Office, security software to search engine Bing, many of which carry additional fees for customers to use.</p><p style=\"text-align: start;\">The company is spending heavily to expand its global network of data centers to meet rising demand for AI services — with capital expenses reaching $14 billion during the quarter. “We’re seeing the AI demand continue to grow, and so we’ll continue to work to match that,” Hood said.</p><p>On Nov. 1, the software giant widely released the corporate version of Microsoft 365 Copilot — an AI assistant for Office programs like Outlook, Word, PowerPoint and Teams — to large customers. The new tools cost companies an extra $30 a month on top of existing subscriptions, and could one day become a meaningful source of recurrent revenue. This year, Microsoft expanded access to smaller firms and debuted a $20 consumer version of the AI assistant.</p><p>Microsoft is seeking to push AI outside the corporate market as well. Nadella last month hired Google DeepMind co-founder Mustafa Suleyman to oversee the company’s consumer AI operation, a move reflecting the CEO’s dissatisfaction with the company’s efforts to create and deploy AI products for home users, Bloomberg reported earlier.</p><p style=\"text-align: start;\">The Redmond, Washington-based company is also baking AI into its fast-growing cybersecurity business. The company recently released tools that can generate summaries of suspicious incidents and ferret out methods hackers use to obscure their intentions. The cybersecurity operation, the world’s largest, is showing “relative strength,” according to a Bank of America Securities note.</p><h3 id=\"id_1991102397\" style=\"text-align: start;\">Security Overhaul</h3><p style=\"text-align: start;\">Yet earlier this month, the US Cyber Safety Review Board issued a scathing report documenting the company’s inability to stop hackers from pilfering the email boxes of US officials. The company has announced its biggest security overhaul in more than two decades, but it’s unclear whether the effort will adequately address the challenges — or mollify critics.</p><p style=\"text-align: start;\">Microsoft’s desktop software business benefited from stabilizing demand for personal computers. Global PC sales returned to growth with a 1.5% gain in the quarter, according to market research firm IDC, driven by a recovery in most regions. Windows revenue rose 11% in the quarter, the company said.</p><p style=\"text-align: start;\">Sales of Xbox content and services jumped 62%, thanks almost entirely to a revenue boost from the $69 billion acquisition of Activision Blizzard, completed last year. But Microsoft and rivals are still struggling to restore growth to the overall gaming industry, which is mired in a post-pandemic slump.</p><p style=\"text-align: start;\">In an effort to rekindle sales, Microsoft is making four exclusive Xbox games available for Nintendo Co.’s Switch and Sony Group Corp.’s PlayStation.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Microsoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft Stock Jumps 4% as Sales, Profit Beat Expectations on AI Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-26 05:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-25/microsoft-sales-and-profit-beat-expectations-on-robust-ai-demand?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Live: Microsoft FY2024Q3 Earnings Conference Call】Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-25/microsoft-sales-and-profit-beat-expectations-on-robust-ai-demand?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-25/microsoft-sales-and-profit-beat-expectations-on-robust-ai-demand?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161094507","content_text":"【Live: Microsoft FY2024Q3 Earnings Conference Call】Azure cloud revenue gained 31% in quarter, beating estimates‘Microsoft appears to be in an excellent position to thrive’Microsoft Corp.’s quarterly sales and profit climbed more than projected, lifted by corporate demand for the software maker’s cloud and artificial intelligence offerings.Revenue in the third quarter, which ended March 31, rose 17% to $61.9 billion, while profit was $2.94 a share, the company said in a statement Thursday. Analysts on average estimated per-share earnings of $2.83 on sales of $60.9 billion. The shares jumped 4.43% in late trading.Chief Executive Officer Satya Nadella has been infusing Microsoft’s entire product line with AI technology from partner OpenAI. The bet is starting to pay off, with some customers adding AI tools that summarize documents and generate content or signing up for Azure cloud subscriptions featuring OpenAI products.“Microsoft’s generative AI-specific revenue has already become a key stock driver,” said Dan Morgan, a senior portfolio manager at Synovus Trust Co. “Microsoft appears to be in an excellent position to thrive.”Azure revenue gained 31% in the quarter, above an average prediction of 29% and picking up slightly from the 30% growth in the previous period. About 7% of that increase was attributable to AI, compared with 6% in the previous quarter.“You’re seeing healthy growth really across Azure, in the non-AI and AI services, which is important,” Chief Financial Officer Amy Hood said in an interview. “While of course it’s still early in the long-term AI monetization opportunity, we feel good about where we are.” The company is pleased with what it’s seen so far in terms of customer adoption, she said.Commercial cloud product revenue rose 23% to $35.1 billion, Microsoft said. Commercial bookings, a measure of future revenue, rose 29%, “quite a bit ahead of where we expected,” Hood said.The shares gained about 5% in late trading. They had closed at $399.04 in New York. The stock climbed 12% in the March quarter on optimism that the company’s early lead in releasing generative AI products would boost sales.AI AssistantsMicrosoft has leveraged its $13 billion investment in research pioneer OpenAI to create a series of AI assistants and other features for products ranging from Windows to Office, security software to search engine Bing, many of which carry additional fees for customers to use.The company is spending heavily to expand its global network of data centers to meet rising demand for AI services — with capital expenses reaching $14 billion during the quarter. “We’re seeing the AI demand continue to grow, and so we’ll continue to work to match that,” Hood said.On Nov. 1, the software giant widely released the corporate version of Microsoft 365 Copilot — an AI assistant for Office programs like Outlook, Word, PowerPoint and Teams — to large customers. The new tools cost companies an extra $30 a month on top of existing subscriptions, and could one day become a meaningful source of recurrent revenue. This year, Microsoft expanded access to smaller firms and debuted a $20 consumer version of the AI assistant.Microsoft is seeking to push AI outside the corporate market as well. Nadella last month hired Google DeepMind co-founder Mustafa Suleyman to oversee the company’s consumer AI operation, a move reflecting the CEO’s dissatisfaction with the company’s efforts to create and deploy AI products for home users, Bloomberg reported earlier.The Redmond, Washington-based company is also baking AI into its fast-growing cybersecurity business. The company recently released tools that can generate summaries of suspicious incidents and ferret out methods hackers use to obscure their intentions. The cybersecurity operation, the world’s largest, is showing “relative strength,” according to a Bank of America Securities note.Security OverhaulYet earlier this month, the US Cyber Safety Review Board issued a scathing report documenting the company’s inability to stop hackers from pilfering the email boxes of US officials. The company has announced its biggest security overhaul in more than two decades, but it’s unclear whether the effort will adequately address the challenges — or mollify critics.Microsoft’s desktop software business benefited from stabilizing demand for personal computers. Global PC sales returned to growth with a 1.5% gain in the quarter, according to market research firm IDC, driven by a recovery in most regions. Windows revenue rose 11% in the quarter, the company said.Sales of Xbox content and services jumped 62%, thanks almost entirely to a revenue boost from the $69 billion acquisition of Activision Blizzard, completed last year. But Microsoft and rivals are still struggling to restore growth to the overall gaming industry, which is mired in a post-pandemic slump.In an effort to rekindle sales, Microsoft is making four exclusive Xbox games available for Nintendo Co.’s Switch and Sony Group Corp.’s PlayStation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":22,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298876422738064,"gmtCreate":1713999691387,"gmtModify":1713999698124,"author":{"id":"3576140222331577","authorId":"3576140222331577","name":"Guavaxf30","avatar":"https://static.tigerbbs.com/1ff15ff6aa254c9130f9af922f7e2447","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Wow. 16% fall is major.&nbsp; Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.","listText":"Wow. 16% fall is major.&nbsp; Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.","text":"Wow. 16% fall is major. Nasdaq future down more than 1% will mean tomorrow's Tech market may be really bad.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298876422738064","repostId":"1134787563","repostType":4,"repost":{"id":"1134787563","pubTimestamp":1713995543,"share":"https://www.laohu8.com/m/news/1134787563?lang=&edition=full","pubTime":"2024-04-25 05:52","market":"us","language":"en","title":"Meta Shares Tumble over 15% After Revenue Forecast Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=1134787563","media":"Bloomberg","summary":"Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796676338758676%22,%22type%22:1%7D\" title=\"Meta 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Meta 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>The shares plunged as much as 15% as investors balked</p></li><li><p>Second-quarter revenue forecast was weaker than expected</p></li></ul><p>Meta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eb7624773a10f50cdfb9234e4a1e25f3\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e2798332604c3a1a61fd1ba889722da7\" title=\"\" tg-width=\"786\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.</p><p>“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.</p><p>At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.</p><p style=\"text-align: start;\">Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.</p><p>“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”</p><p style=\"text-align: start;\">In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.</p><p style=\"text-align: start;\">Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.</p><p style=\"text-align: start;\">But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.</p><p>The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.</p><p style=\"text-align: start;\">On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.</p><p style=\"text-align: start;\">The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.</p><p style=\"text-align: start;\">Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.</p><p style=\"text-align: start;\">Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.</p><p style=\"text-align: start;\">Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”</p><p style=\"text-align: start;\">Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.</p><p>Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Shares Tumble over 15% After Revenue Forecast Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Shares Tumble over 15% After Revenue Forecast Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 05:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134787563","content_text":"【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":299056399007776,"gmtCreate":1714022862702,"gmtModify":1714022867436,"author":{"id":"4163304661106302","authorId":"4163304661106302","name":"Crouchy Tiger","avatar":"https://community-static.tradeup.com/news/148ba960fb3c67ce963e5e7c5d72d83d","crmLevel":8,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.","listText":"Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.","text":"Meta's AI capex gives a boost to companies such as Nvidia and Super Micro on their earnings prospects.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/299056399007776","repostId":"1134787563","repostType":2,"repost":{"id":"1134787563","pubTimestamp":1713995543,"share":"https://www.laohu8.com/m/news/1134787563?lang=&edition=full","pubTime":"2024-04-25 05:52","market":"us","language":"en","title":"Meta Shares Tumble over 15% After Revenue Forecast Disappoints","url":"https://stock-news.laohu8.com/highlight/detail?id=1134787563","media":"Bloomberg","summary":"Capital expenditures will be higher than initially expectedMeta’s revenue forecast slightly lower than anticipatedMeta Platforms Inc. increased its spending estimates for the year and projected second","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796676338758676%22,%22type%22:1%7D\" title=\"Meta 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Meta 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>The shares plunged as much as 15% as investors balked</p></li><li><p>Second-quarter revenue forecast was weaker than expected</p></li></ul><p>Meta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/eb7624773a10f50cdfb9234e4a1e25f3\" tg-width=\"1080\" tg-height=\"1080\"/></p><p>The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e2798332604c3a1a61fd1ba889722da7\" title=\"\" tg-width=\"786\" tg-height=\"630\"/></p><p style=\"text-align: start;\">The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.</p><p>“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.</p><p>At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.</p><p style=\"text-align: start;\">Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.</p><p>“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”</p><p style=\"text-align: start;\">In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.</p><p style=\"text-align: start;\">Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.</p><p style=\"text-align: start;\">But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.</p><p>The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.</p><p style=\"text-align: start;\">On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.</p><p style=\"text-align: start;\">The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.</p><p style=\"text-align: start;\">Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.</p><p style=\"text-align: start;\">Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.</p><p style=\"text-align: start;\">Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”</p><p style=\"text-align: start;\">Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.</p><p>Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Meta Shares Tumble over 15% After Revenue Forecast Disappoints</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMeta Shares Tumble over 15% After Revenue Forecast Disappoints\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-25 05:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms"},"source_url":"https://www.bloomberg.com/news/articles/2024-04-24/meta-projects-higher-spending-weaker-revenue-amid-ai-push?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134787563","content_text":"【Meta 2024Q1 Earnings Conference Call】The shares plunged as much as 15% as investors balkedSecond-quarter revenue forecast was weaker than expectedMeta Platforms Inc. said it will spend billions of dollars more than it previously anticipated this year as it continues to invest in artificial intelligence, raising questions about whether the company’s futuristic technological bets will eventually pay off for investors. The shares tumbled in extended trading.The shares dropped as much as 15% in after-hours trading. The stock had been up 39% so far this year at market close and has been trading near all-time highs for the past month, in part reflecting excitement around AI. Meta was one of the best-performing stocks among its Big Tech peers.The Facebook parent is plowing ever more resources into artificial intelligence, which requires significant investments in computing power, while locked in an arms race with rivals from Alphabet Inc. to Microsoft Corp. for supremacy in this fast-developing technology. The Menlo Park, California-based company raised its estimates for costs for the year, and now believes capital expenditures will be $35 billion to $40 billion. Earlier, it estimated expenses related to things like servers, AI hardware and data centers would be $30 billion to $37 billion.“We expect capital expenditures will continue to increase next year as we invest aggressively to support our ambitious AI research and product development efforts,” Chief Financial Officer Susan Li said in a statement, referring to 2025.At the same time, the social networking company also projected second quarter sales of $36.5 billion to $39 billion, with the mid-range of that forecast less than analysts’ average estimate.Those metrics overshadowed what was otherwise a solid first quarter, with revenue of $36.5 billion, an increase of more than 27% over the same period a year ago. And profit that more than doubled to $12.4 billion.“For all Meta’s bold AI plans, it can’t afford to take its eye off the nucleus of the business –- its core advertising activities,” Sophie Lund-Yates, an analyst at Hargreaves Lansdown, wrote in a note on Wednesday. “That doesn’t mean ignoring AI, but it does mean that spending needs to be targeted and in-line with a clear strategic view.”In the previous quarter, Meta announced a $50 billion stock buyback in addition to the company’s first-ever quarterly dividend, an effort to placate investors frustrated by the company’s aggressive spending on technologies that have yet to fully pay off. Chief Executive Officer Mark Zuckerberg has spent years plowing money into efforts to build the so-called Metaverse, a virtual world where he hopes people will one day play and work.Reality Labs, the Meta division focused on its futuristic bets, reported a loss of $3.85 billion for the first quarter, roughly the same as a year ago. That division, which also oversees VR headsets and Meta’s Ray-Ban smart glasses, reported an annual loss of more than $16 billion in 2023.But in recent months, Zuckerberg has made AI a priority, refocusing Meta on the technology after OpenAI released its ChatGPT chatbot in 2022, sparking a frenzy of competition and development among the big tech companies. Meta has started inserting AI into every facet of the business, from Instagram and Facebook to its smart glasses.The company announced plans for a new $800 million data center in January, and is also developing its own chips for artificial intelligence services. Meta is also working on several new iterations of its large language model, known as Llama, for powering chatbots and other AI services.On a call with investors, Zuckerberg said Meta will invest “significantly” in AI-related projects. He said these investments will increase “meaningfully” before Meta sees any significant revenue from many of these new endeavors. “Smart investors” will see the long-term possibilities of this work will outweigh the short term costs, Zuckerberg said.The company reiterated its broader 2024 spending plans, saying it will shell out $96 billion to $99 billion for the calendar year, up slightly from a low-end target of $94 billion to $99 billion. It previously said that much of that would go toward infrastructure costs in addition to long-term bets on augmented and virtual reality.Meta’s mixed report comes on the same day that President Joe Biden signed a bill into law that would force TikTok’s parent company, ByteDance Ltd., to sell the popular video service or face a ban in the US. The potential elimination of a major competitor could give a boost to Meta’s advertising business since its short-video offering Reels is a clone of TikTok.Reels now makes up about 50% of the time that people spend on Instagram, Li said on a call with analysts. When asked specifically about the TikTok legislation, Li said it was too soon for the company to understand the potential impact.Meta has had a turbulent past few years, with a Covid-era bump in users and activity on the platform during lockdowns followed by a subsequent pullback in advertising in 2022. Meta also gorged on hiring when times were good, leading to some 10,000 job cuts 2023, a period Zuckerberg dubbed the “year of efficiency.”Those painful moves paved the way for the significant increase in profit the company is seeing now. First-quarter revenue was the highest ever in that period. More people are also returning to Meta’s products.Zuckerberg said the Threads app, similar to the former Twitter and launched last July, now has more than 150 million monthly active users — including Taylor Swift.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":298512456462480,"gmtCreate":1713911527478,"gmtModify":1713911532871,"author":{"id":"3584079457608282","authorId":"3584079457608282","name":"FGP","avatar":"https://community-static.tradeup.com/news/4f96275867e9fcc09f90747c0edcd143","crmLevel":9,"crmLevelSwitch":1,"followedFlag":false},"themes":[],"htmlText":"By the time elong launch cheaper cars... china EVs sold more and much cheaper. Tough&nbsp;","listText":"By the time elong launch cheaper cars... china EVs sold more and much cheaper. Tough&nbsp;","text":"By the time elong launch cheaper cars... china EVs sold more and much cheaper. Tough","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/298512456462480","repostId":"1101803932","repostType":4,"repost":{"id":"1101803932","pubTimestamp":1713909028,"share":"https://www.laohu8.com/m/news/1101803932?lang=&edition=full","pubTime":"2024-04-24 05:50","market":"us","language":"en","title":"Tesla Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss","url":"https://stock-news.laohu8.com/highlight/detail?id=1101803932","media":"Bloomberg","summary":"Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to start production on the cheaper c","content":"<html><head></head><body><p>【<a href=\"https://ttm.financial/RN?name=RNLive&amp;rndata=%7B%22liveId%22:%221796727569642548%22,%22type%22:1%7D\" title=\"Tesla 2024Q1 Earnings Conference Call\" target=\"_blank\" class=\"\">Tesla 2024Q1 Earnings Conference Call</a>】</p><ul style=\"\"><li><p>Company plans to start making new models before end of 2025</p></li><li><p>EV maker’s first quarter profit, revenue undershoot estimates</p></li></ul><p>Tesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.</p><p>The electric-vehicle maker plans to release the cheaper cars by the end of this year or in early next, well ahead of the late-2025 timing it had previously pledged. The Elon Musk-led company has been coping with a sales slump as EV demand falters.</p><p>Tesla’s shares rose more than 13% after regular trading in New York. The stock tumbled 42% this year through Tuesday’s close, the worst performance in the S&amp;P 500 Index.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/f0f7713f0c39a90c610dec386f12fabb\" tg-width=\"781\" tg-height=\"624\"/></p><p style=\"text-align: start;\">“We’ve updated our future vehicle line-up to accelerate the launch of new models ahead of the previously mentioned start of production in the second half of 2025. So we expect it to be more like early 2025, if not late this year,” Musk said on a call with analysts.</p><p style=\"text-align: start;\">The decision to speed up the debut of cheaper models was welcomed by investors and overshadowed what was otherwise an ugly quarter for the EV market leader. It missed Wall Street’s estimates for earnings, sales and margins, while warning of slow growth throughout the year.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/95ff8ccc4fef250d1aa9d762f500981e\" title=\"\" tg-width=\"1080\" tg-height=\"1080\"/></p><p style=\"text-align: start;\">The CEO also took a dig at rivals like General Motors Co. and Ford Motor Co., which have paced EV production and moved to reboot their offerings of gas-electric hybrids.</p><p style=\"text-align: start;\">“The EV adoption rate globally is under pressure and a lot of other auto manufactures are pulling back on EVs and pursuing plug-in hybrids instead. We believe this is not the right strategy,” he said.</p><p style=\"text-align: start;\">Tesla’s own strategy has been muddled for much of 2024. It’s spent the last year slashing prices across its lineup in an effort to boost sales volume, only to find demand for its vehicles slowed.</p><p style=\"text-align: start;\">Adding to the company’s woes has been Musk’s abrupt decision to go “balls to the wall” on a dedicated robotaxi for which the company lacks regulatory approval and possibly the technological capability. Investors had expected the company to instead focus on a new, $25,000 model that Musk had promised to go into production before the end of next year.</p><p style=\"text-align: start;\">It wasn’t immediately clear if Tesla’s “more affordable models” pledge was a reference to the long-discussed low-cost car, sometimes dubbed the Model 2. Many investors see that as way to help generate new enthusiasm around its lineup and draw new customers.</p><p style=\"text-align: start;\">“I think we have said all that we will on that front,” Musk said when asked about the affordable models.</p><p>Tesla gave no timeline, but said it’s continuing to pursue a new module-based “unboxed” manufacturing process for its promised robotaxi model. In a reflection of leaner times, Tesla noted those new models will be built on existing manufacturing lines at current factories to maximize capacity and grow “prudently.”</p><p style=\"text-align: start;\">The carmaker remains the dominant EV maker in the US market, but its earnings have been under pressure for several quarters. Tesla’s automotive gross margin — a key measure of profitability — was 16.4% in the first quarter, smaller than the 17.6% Wall Street expected. That’s far from the 30% peak margin it reported at the start of 2022.</p><p>Tesla’s adjusted earnings per share came to 45 cents in the first three months of the year, compared with Wall Street’s expectation of 52 cents a share. Revenue fell 9% to $21.3 billion, according to a statement Tuesday, in line with its first year-over-year drop in deliveries since 2020. That was still short of the $22.3 billion analysts expected.</p><p style=\"text-align: start;\">Meanwhile, Tesla’s global vehicle inventory rose to 28 days, a huge increase from the 15 days at the end of the last quarter. The metric captures how long it takes for a car company to move vehicles off its lots. Tesla sells its cars direct to consumers, and doesn’t have a dealer network.</p><p style=\"text-align: start;\">Tesla isn’t alone in feeling the pinch from a lot of supply chasing waning demand. Average industrywide new vehicle inventories in the US rose to 72 days’ supply at the start of April, according to Cox Automotive. Tesla’s Chief Financial Officer Vaibhav Taneja told investors on the call that the growth in inventories is a temporary setback.</p><p style=\"text-align: start;\">“We expect the inventory build to reverse in the second quarter and free cash flow to return to positive” territory, Taneja said.</p><p style=\"text-align: start;\">The Austin-based EV maker kept its near-term growth expectations in check, saying deliveries may be lower than last year. “In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next generation vehicle and other products,” it said.</p><p style=\"text-align: start;\">Earlier this month, Tesla initiated its largest-ever round of layoffs, cutting more than 10% of positions — though Bloomberg has reported the company may ultimately let go some 20% of its staff. At the same time, two senior executives quit, raising questions about who is in charge of key initiatives. Another executive, Tesla’s head of investor relations, Martin Viecha, said on Tuesday’s call he was resigning.</p></body></html>","source":"lsy1584095487587","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 Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss</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 Shares Rise 13% on Pledge to Launch Cheaper Cars by 2025 After Sales Miss\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-24 05:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>【Tesla 2024Q1 Earnings Conference Call】Company plans to start making new models before end of 2025EV maker’s first quarter profit, revenue undershoot estimatesTesla Inc. is accelerating the launch of ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia\">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://www.bloomberg.com/news/articles/2024-04-23/tesla-tsla-stumbles-again-as-profit-sales-fall-short-of-estimates?srnd=homepage-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101803932","content_text":"【Tesla 2024Q1 Earnings Conference Call】Company plans to start making new models before end of 2025EV maker’s first quarter profit, revenue undershoot estimatesTesla Inc. is accelerating the launch of more affordable models in a bid to arrest a deterioration in its profit margins and sales.The electric-vehicle maker plans to release the cheaper cars by the end of this year or in early next, well ahead of the late-2025 timing it had previously pledged. The Elon Musk-led company has been coping with a sales slump as EV demand falters.Tesla’s shares rose more than 13% after regular trading in New York. The stock tumbled 42% this year through Tuesday’s close, the worst performance in the S&P 500 Index.“We’ve updated our future vehicle line-up to accelerate the launch of new models ahead of the previously mentioned start of production in the second half of 2025. So we expect it to be more like early 2025, if not late this year,” Musk said on a call with analysts.The decision to speed up the debut of cheaper models was welcomed by investors and overshadowed what was otherwise an ugly quarter for the EV market leader. It missed Wall Street’s estimates for earnings, sales and margins, while warning of slow growth throughout the year.The CEO also took a dig at rivals like General Motors Co. and Ford Motor Co., which have paced EV production and moved to reboot their offerings of gas-electric hybrids.“The EV adoption rate globally is under pressure and a lot of other auto manufactures are pulling back on EVs and pursuing plug-in hybrids instead. We believe this is not the right strategy,” he said.Tesla’s own strategy has been muddled for much of 2024. It’s spent the last year slashing prices across its lineup in an effort to boost sales volume, only to find demand for its vehicles slowed.Adding to the company’s woes has been Musk’s abrupt decision to go “balls to the wall” on a dedicated robotaxi for which the company lacks regulatory approval and possibly the technological capability. Investors had expected the company to instead focus on a new, $25,000 model that Musk had promised to go into production before the end of next year.It wasn’t immediately clear if Tesla’s “more affordable models” pledge was a reference to the long-discussed low-cost car, sometimes dubbed the Model 2. Many investors see that as way to help generate new enthusiasm around its lineup and draw new customers.“I think we have said all that we will on that front,” Musk said when asked about the affordable models.Tesla gave no timeline, but said it’s continuing to pursue a new module-based “unboxed” manufacturing process for its promised robotaxi model. In a reflection of leaner times, Tesla noted those new models will be built on existing manufacturing lines at current factories to maximize capacity and grow “prudently.”The carmaker remains the dominant EV maker in the US market, but its earnings have been under pressure for several quarters. Tesla’s automotive gross margin — a key measure of profitability — was 16.4% in the first quarter, smaller than the 17.6% Wall Street expected. That’s far from the 30% peak margin it reported at the start of 2022.Tesla’s adjusted earnings per share came to 45 cents in the first three months of the year, compared with Wall Street’s expectation of 52 cents a share. Revenue fell 9% to $21.3 billion, according to a statement Tuesday, in line with its first year-over-year drop in deliveries since 2020. That was still short of the $22.3 billion analysts expected.Meanwhile, Tesla’s global vehicle inventory rose to 28 days, a huge increase from the 15 days at the end of the last quarter. The metric captures how long it takes for a car company to move vehicles off its lots. Tesla sells its cars direct to consumers, and doesn’t have a dealer network.Tesla isn’t alone in feeling the pinch from a lot of supply chasing waning demand. Average industrywide new vehicle inventories in the US rose to 72 days’ supply at the start of April, according to Cox Automotive. Tesla’s Chief Financial Officer Vaibhav Taneja told investors on the call that the growth in inventories is a temporary setback.“We expect the inventory build to reverse in the second quarter and free cash flow to return to positive” territory, Taneja said.The Austin-based EV maker kept its near-term growth expectations in check, saying deliveries may be lower than last year. “In 2024, our vehicle volume growth rate may be notably lower than the growth rate achieved in 2023, as our teams work on the launch of the next generation vehicle and other products,” it said.Earlier this month, Tesla initiated its largest-ever round of layoffs, cutting more than 10% of positions — though Bloomberg has reported the company may ultimately let go some 20% of its staff. At the same time, two senior executives quit, raising questions about who is in charge of key initiatives. Another executive, Tesla’s head of investor relations, Martin Viecha, said on Tuesday’s call he was resigning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"allBottom":false,"essenBottom":false,"topicSource":"Post"}