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2021-11-29
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Black Friday crowds return, but discounts are not what they used to be
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Warren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation
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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":1638058194,"share":"https://www.laohu8.com/m/news/2186764328?lang=&edition=full","pubTime":"2021-11-28 08:09","market":"hk","language":"en","title":"Black Friday crowds return, but discounts are not what they used to be","url":"https://stock-news.laohu8.com/highlight/detail?id=2186764328","media":"Dow Jones","summary":"For the first time ever, online sales fell as crowds returned to stores\nDespite fewer juicy deals, B","content":"<p>For the first time ever, online sales fell as crowds returned to stores</p>\n<p>Despite fewer juicy deals, Black Friday shoppers dutifully opened their wallets, and for the first time ever, online sales fell as crowds returned to stores.</p>\n<p>Holiday-hungry consumers spent $8.9 billion online Friday, according to <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Analytics. That was a slight drop from $9 billion last year.</p>\n<p>One reason for the decline: the online blitz started well before Thanksgiving Day. Adobe data shows consumers already spent more than $3 billion online on 19 separate days this season, as stores rolled out discounts early -- some as early as September.</p>\n<p>There's also been so much talk about shipping logjams and labor shortages -- and so many emails advertising sales filling up inboxes -- that many shoppers wanted to get a jumpstart on the gifting season.</p>\n<p>On Thanksgiving Day alone, online shoppers spent $5.1 billion before the pumpkin pie was finished, according to Adobe. The figure matched last year's turkey day tally, but was at the low end of Adobe's $5.1 billion- $5.9 billion forecast.</p>\n<p>Complete data for in-store sales results were not yet released, leaving open the question whether online sales topped the in-person kind again, after taking the top spot for the first time last year. Through mid-afternoon Friday, retail sales surged 29.8 percent from last year's COVID-pressured low, according to Mastercard SpendingPulse, which tracks both cash and credit payments.</p>\n<p>Lines returned to metro area stores like Manhattan's Best Buy and Macy's flagship in Herald Square on Friday, with shoppers stating they felt good to be out again after staying home for too long.</p>\n<p>Nearly 100,000 people headed to the Mall of America in Bloomington, Minnesota as of early Friday afternoon, more than double last year, but a bit shy of 2019's numbers for the country's largest mall, The Associated Press reported.</p>\n<p>\"We had a fantastic start,\" said Mall of America senior vice president Jill Renslow.</p>\n<p>But the pandemic likely permanently converted a good portion of the shop-til-you-drop crowd to their keyboards.</p>\n<p>\"The old-school 'I need to wait and get in on Black Friday and line up' is no longer,\" said Angeli Gianchandani, a marketing professor at the University of New Haven. \"That deal that you used to find on Black Friday that everybody would line up at the store and try and grab, that's not happening.\"</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>Holiday sales are expected to grow significantly this season, accelerating the pace from last year. The National Retail Federation forecast 8.5 percent to 10.5 percent sales growth for all of November and December, building on 8 percent growth in those months in 2020.</p>\n<p>Well-publicized logistics problem have already created some concerns about receiving online gifts on time. Many retail websites are sporting banners warning online shoppers to place their orders early, in order to receive them in time to tuck them under the Christmas tree. The US Postal Service said Dec. 15 is the last day for packages expected to arrive by Dec. 25.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Black Friday crowds return, but discounts are not what they used to be</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\">\nBlack Friday crowds return, but discounts are not what they used to be\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\">2021-11-28 08:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>For the first time ever, online sales fell as crowds returned to stores</p>\n<p>Despite fewer juicy deals, Black Friday shoppers dutifully opened their wallets, and for the first time ever, online sales fell as crowds returned to stores.</p>\n<p>Holiday-hungry consumers spent $8.9 billion online Friday, according to <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Analytics. That was a slight drop from $9 billion last year.</p>\n<p>One reason for the decline: the online blitz started well before Thanksgiving Day. Adobe data shows consumers already spent more than $3 billion online on 19 separate days this season, as stores rolled out discounts early -- some as early as September.</p>\n<p>There's also been so much talk about shipping logjams and labor shortages -- and so many emails advertising sales filling up inboxes -- that many shoppers wanted to get a jumpstart on the gifting season.</p>\n<p>On Thanksgiving Day alone, online shoppers spent $5.1 billion before the pumpkin pie was finished, according to Adobe. The figure matched last year's turkey day tally, but was at the low end of Adobe's $5.1 billion- $5.9 billion forecast.</p>\n<p>Complete data for in-store sales results were not yet released, leaving open the question whether online sales topped the in-person kind again, after taking the top spot for the first time last year. Through mid-afternoon Friday, retail sales surged 29.8 percent from last year's COVID-pressured low, according to Mastercard SpendingPulse, which tracks both cash and credit payments.</p>\n<p>Lines returned to metro area stores like Manhattan's Best Buy and Macy's flagship in Herald Square on Friday, with shoppers stating they felt good to be out again after staying home for too long.</p>\n<p>Nearly 100,000 people headed to the Mall of America in Bloomington, Minnesota as of early Friday afternoon, more than double last year, but a bit shy of 2019's numbers for the country's largest mall, The Associated Press reported.</p>\n<p>\"We had a fantastic start,\" said Mall of America senior vice president Jill Renslow.</p>\n<p>But the pandemic likely permanently converted a good portion of the shop-til-you-drop crowd to their keyboards.</p>\n<p>\"The old-school 'I need to wait and get in on Black Friday and line up' is no longer,\" said Angeli Gianchandani, a marketing professor at the University of New Haven. \"That deal that you used to find on Black Friday that everybody would line up at the store and try and grab, that's not happening.\"</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>Holiday sales are expected to grow significantly this season, accelerating the pace from last year. The National Retail Federation forecast 8.5 percent to 10.5 percent sales growth for all of November and December, building on 8 percent growth in those months in 2020.</p>\n<p>Well-publicized logistics problem have already created some concerns about receiving online gifts on time. Many retail websites are sporting banners warning online shoppers to place their orders early, in order to receive them in time to tuck them under the Christmas tree. The US Postal Service said Dec. 15 is the last day for packages expected to arrive by Dec. 25.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M":"梅西百货","BBY":"百思买"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186764328","content_text":"For the first time ever, online sales fell as crowds returned to stores\nDespite fewer juicy deals, Black Friday shoppers dutifully opened their wallets, and for the first time ever, online sales fell as crowds returned to stores.\nHoliday-hungry consumers spent $8.9 billion online Friday, according to Adobe Analytics. That was a slight drop from $9 billion last year.\nOne reason for the decline: the online blitz started well before Thanksgiving Day. Adobe data shows consumers already spent more than $3 billion online on 19 separate days this season, as stores rolled out discounts early -- some as early as September.\nThere's also been so much talk about shipping logjams and labor shortages -- and so many emails advertising sales filling up inboxes -- that many shoppers wanted to get a jumpstart on the gifting season.\nOn Thanksgiving Day alone, online shoppers spent $5.1 billion before the pumpkin pie was finished, according to Adobe. The figure matched last year's turkey day tally, but was at the low end of Adobe's $5.1 billion- $5.9 billion forecast.\nComplete data for in-store sales results were not yet released, leaving open the question whether online sales topped the in-person kind again, after taking the top spot for the first time last year. Through mid-afternoon Friday, retail sales surged 29.8 percent from last year's COVID-pressured low, according to Mastercard SpendingPulse, which tracks both cash and credit payments.\nLines returned to metro area stores like Manhattan's Best Buy and Macy's flagship in Herald Square on Friday, with shoppers stating they felt good to be out again after staying home for too long.\nNearly 100,000 people headed to the Mall of America in Bloomington, Minnesota as of early Friday afternoon, more than double last year, but a bit shy of 2019's numbers for the country's largest mall, The Associated Press reported.\n\"We had a fantastic start,\" said Mall of America senior vice president Jill Renslow.\nBut the pandemic likely permanently converted a good portion of the shop-til-you-drop crowd to their keyboards.\n\"The old-school 'I need to wait and get in on Black Friday and line up' is no longer,\" said Angeli Gianchandani, a marketing professor at the University of New Haven. \"That deal that you used to find on Black Friday that everybody would line up at the store and try and grab, that's not happening.\"\n\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"\nThe average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.\nThe value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.\n\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"\nThe average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.\nThe value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.\nHoliday sales are expected to grow significantly this season, accelerating the pace from last year. The National Retail Federation forecast 8.5 percent to 10.5 percent sales growth for all of November and December, building on 8 percent growth in those months in 2020.\nWell-publicized logistics problem have already created some concerns about receiving online gifts on time. Many retail websites are sporting banners warning online shoppers to place their orders early, in order to receive them in time to tuck them under the Christmas tree. The US Postal Service said Dec. 15 is the last day for packages expected to arrive by Dec. 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07:41","market":"us","language":"en","title":"Krispy Kreme raises $500 million after pricing U.S. IPO below range","url":"https://stock-news.laohu8.com/highlight/detail?id=1180832905","media":"Reuters","summary":"(Reuters) -Doughnut chain Krispy Kreme priced its initial public offering well below the planned ran","content":"<p>(Reuters) -Doughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a lukewarm reception from investors during one of the busiest weeks for stock market debuts in the United States.</p>\n<p>The company priced 29.4 million shares at $17 each, below the $21 to $24 per share range it had set earlier. The IPO valued it at $2.7 billion.</p>\n<p>Known for its iconic glazed doughnuts, Krispy Kreme will start trading during one of the busiest weeks of 2021 for U.S. IPOs, with at least 17 companies scheduled to enter the market.</p>\n<p>In what was the biggest U.S. listing by a Chinese company since 2014, China’s Didi Global Inc debuted on Wednesday with a valuation of more than $68 billion at close.</p>\n<p>Krispy Kreme had previously planned to sell about 26.7 million shares, its earlier filing showed. With those terms, it would have raised $640 million at the top end of the range.</p>\n<p>Krispy Kreme opened its first store in North Carolina in 1937 when it started selling doughnuts in local grocery stores. Their business also includes cookie chain Insomnia Cookies, and k-cups for Keurig.</p>\n<p>It sold 1.3 billion donuts across 30 countries in fiscal 2020, capping the highest level of sales in the brand’s history, with net revenues of $1.1 billion.</p>\n<p>It first went public in 2000 but its unit had to file for Chapter 11 bankruptcy in 2005.</p>\n<p>The IPO would mark Krispy Kreme’s return to U.S. stock markets five years after it was taken private by Keurig parent company JAB Holding Co in a $1.35 billion deal in 2016.</p>\n<p>The company intends to list on the Nasdaq on Thursday under the ticker symbol “DNUT”.J.P. Morgan, Morgan Stanley, BofA Securities and Citigroup are the lead book-running managers for the offering.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Krispy Kreme raises $500 million after pricing U.S. IPO below range</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\">\nKrispy Kreme raises $500 million after pricing U.S. IPO below range\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 07:41 GMT+8 <a href=https://www.reuters.com/article/krispy-kreme-ipo/update-2-krispy-kreme-raises-500-mln-after-pricing-u-s-ipo-below-range-idUSL3N2OC4VR><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Doughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a lukewarm reception from investors during one of the busiest ...</p>\n\n<a href=\"https://www.reuters.com/article/krispy-kreme-ipo/update-2-krispy-kreme-raises-500-mln-after-pricing-u-s-ipo-below-range-idUSL3N2OC4VR\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"source_url":"https://www.reuters.com/article/krispy-kreme-ipo/update-2-krispy-kreme-raises-500-mln-after-pricing-u-s-ipo-below-range-idUSL3N2OC4VR","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180832905","content_text":"(Reuters) -Doughnut chain Krispy Kreme priced its initial public offering well below the planned range to raise $500 million, indicating a lukewarm reception from investors during one of the busiest weeks for stock market debuts in the United States.\nThe company priced 29.4 million shares at $17 each, below the $21 to $24 per share range it had set earlier. The IPO valued it at $2.7 billion.\nKnown for its iconic glazed doughnuts, Krispy Kreme will start trading during one of the busiest weeks of 2021 for U.S. IPOs, with at least 17 companies scheduled to enter the market.\nIn what was the biggest U.S. listing by a Chinese company since 2014, China’s Didi Global Inc debuted on Wednesday with a valuation of more than $68 billion at close.\nKrispy Kreme had previously planned to sell about 26.7 million shares, its earlier filing showed. With those terms, it would have raised $640 million at the top end of the range.\nKrispy Kreme opened its first store in North Carolina in 1937 when it started selling doughnuts in local grocery stores. Their business also includes cookie chain Insomnia Cookies, and k-cups for Keurig.\nIt sold 1.3 billion donuts across 30 countries in fiscal 2020, capping the highest level of sales in the brand’s history, with net revenues of $1.1 billion.\nIt first went public in 2000 but its unit had to file for Chapter 11 bankruptcy in 2005.\nThe IPO would mark Krispy Kreme’s return to U.S. stock markets five years after it was taken private by Keurig parent company JAB Holding Co in a $1.35 billion deal in 2016.\nThe company intends to list on the Nasdaq on Thursday under the ticker symbol “DNUT”.J.P. Morgan, Morgan Stanley, BofA Securities and Citigroup are the lead book-running managers for the offering.","news_type":1},"isVote":1,"tweetType":1,"viewCount":581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153302160,"gmtCreate":1625008784750,"gmtModify":1633946020150,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153302160","repostId":"1165468426","repostType":4,"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127899604,"gmtCreate":1624842198308,"gmtModify":1633948165373,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127899604","repostId":"1133201828","repostType":4,"repost":{"id":"1133201828","kind":"news","pubTimestamp":1624839570,"share":"https://www.laohu8.com/m/news/1133201828?lang=&edition=full","pubTime":"2021-06-28 08:19","market":"us","language":"en","title":"Brookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire","url":"https://stock-news.laohu8.com/highlight/detail?id=1133201828","media":"Bloomberg","summary":"(Bloomberg) -- A unit of Brookfield Asset Management Inc. agreed to acquire Modulaire Group, the Eur","content":"<p>(Bloomberg) -- A unit of Brookfield Asset Management Inc. agreed to acquire Modulaire Group, the European designer of modular work spaces backed by buyout firm TDR Capital, for about $5 billion, beating out interest from rival Canadian investment firm Onex Corp.</p>\n<p>“We look forward to bringing our global scale and capabilities in owning and operating leading infrastructure services businesses to support Modulaire’s growth, in partnership with the management team,” Anuj Ranjan, managing partner of Brookfield Business Partners LP, said in a statement Sunday.</p>\n<p>Bloomberg News reported the parties were closing in on the deal earlier, citing people familiar with the matter.</p>\n<p>The deal ranks among the biggest private equity transactions in Europe this year, according to data compiled by Bloomberg. It’s also be among the largest-ever deals for the Canadian investment firm’s European private equity business.</p>\n<p>Modulaire designs modular buildings that can be rented for work and living, as well as portable storage units. Demand for these services have picked up amid the pandemic as businesses seek to cut costs and shy away from longer-term work-space contracts. The company operates across Europe and in Asia. TDR acquired the company in 2004 and has since expanded it through a string of acquisitions.</p>\n<p>The company reported a 27% increase in revenue, including from acquisitions, to 320 million euros in the first quarter. Earnings before interest, taxes, depreciation and amortization rose 44% during the period to 97 million euros, including acquisitions.</p>\n<p>Brookfield Business Partners is a unit of the Canadian firm which invests in business services and industrial sectors. The investment firm is weighing a sale of U.K.-based biofuel provider Greenergy, Bloomberg News reported in May.</p>","source":"lsy1612507957220","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>Brookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire</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\">\nBrookfield Unit Signs $5 Billion Deal for TDR-Backed Modulaire\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 08:19 GMT+8 <a href=https://finance.yahoo.com/news/brookfield-unit-nears-deal-tdr-190001266.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- A unit of Brookfield Asset Management Inc. agreed to acquire Modulaire Group, the European designer of modular work spaces backed by buyout firm TDR Capital, for about $5 billion, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/brookfield-unit-nears-deal-tdr-190001266.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBU":"Brookfield Business Partners"},"source_url":"https://finance.yahoo.com/news/brookfield-unit-nears-deal-tdr-190001266.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133201828","content_text":"(Bloomberg) -- A unit of Brookfield Asset Management Inc. agreed to acquire Modulaire Group, the European designer of modular work spaces backed by buyout firm TDR Capital, for about $5 billion, beating out interest from rival Canadian investment firm Onex Corp.\n“We look forward to bringing our global scale and capabilities in owning and operating leading infrastructure services businesses to support Modulaire’s growth, in partnership with the management team,” Anuj Ranjan, managing partner of Brookfield Business Partners LP, said in a statement Sunday.\nBloomberg News reported the parties were closing in on the deal earlier, citing people familiar with the matter.\nThe deal ranks among the biggest private equity transactions in Europe this year, according to data compiled by Bloomberg. It’s also be among the largest-ever deals for the Canadian investment firm’s European private equity business.\nModulaire designs modular buildings that can be rented for work and living, as well as portable storage units. Demand for these services have picked up amid the pandemic as businesses seek to cut costs and shy away from longer-term work-space contracts. The company operates across Europe and in Asia. TDR acquired the company in 2004 and has since expanded it through a string of acquisitions.\nThe company reported a 27% increase in revenue, including from acquisitions, to 320 million euros in the first quarter. Earnings before interest, taxes, depreciation and amortization rose 44% during the period to 97 million euros, including acquisitions.\nBrookfield Business Partners is a unit of the Canadian firm which invests in business services and industrial sectors. The investment firm is weighing a sale of U.K.-based biofuel provider Greenergy, Bloomberg News reported in May.","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124612654,"gmtCreate":1624761978378,"gmtModify":1633948951507,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124612654","repostId":"2146036830","repostType":4,"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126238063,"gmtCreate":1624574191552,"gmtModify":1634004311178,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126238063","repostId":"1152622139","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126239685,"gmtCreate":1624573999247,"gmtModify":1634004313295,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126239685","repostId":"1198422658","repostType":4,"repost":{"id":"1198422658","kind":"news","pubTimestamp":1624533829,"share":"https://www.laohu8.com/m/news/1198422658?lang=&edition=full","pubTime":"2021-06-24 19:23","market":"us","language":"en","title":"Is Amazon Stock A Better Buy Than Apple Through 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198422658","media":"The Street","summary":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?At first glance, Apple -Get Report and Amazon -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.First, I find it hig","content":"<blockquote>\n Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n</blockquote>\n<p>At first glance, Apple (<b>AAPL</b>) -Get Report and Amazon (<b>AMZN</b>) -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.</p>\n<p>But the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?</p>\n<p><b>AAPL and AMZN: same valuation?</b></p>\n<p>The P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.</p>\n<p>Amazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.</p>\n<p>By 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:</p>\n<ul>\n <li><b>Amazon</b>: 2025 EPS of $172.30, for a P/E of<b>20.4</b>times</li>\n <li><b>Apple</b>: fiscal 2025 EPS of $6.30, for a P/E of<b>21.2</b>times</li>\n</ul>\n<p>Given enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.</p>\n<p><b>Which is the best bet?</b></p>\n<p>If Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.</p>\n<p>From the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.</p>\n<p>Clearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.</p>\n<p>First, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.</p>\n<p>This is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.</p>\n<p>Regarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.</p>\n<p>In addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.</p>\n<p><img src=\"https://static.tigerbbs.com/0e59ae6a459751303dfd48c45ae47f99\" tg-width=\"700\" tg-height=\"199\" referrerpolicy=\"no-referrer\"><i>Figure 2: AMZN gross margin vs. operating margin.</i></p>\n<p><i>Stock Rover</i></p>\n<p><b>Twitter speaks</b></p>\n<p>Fun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?</p>\n<p><img src=\"https://static.tigerbbs.com/e56ed880cf0d62550fc0ee752a46efff\" tg-width=\"568\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","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>Is Amazon Stock A Better Buy Than Apple Through 2025?</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\">\nIs Amazon Stock A Better Buy Than Apple Through 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 19:23 GMT+8 <a href=https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198422658","content_text":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, Apple (AAPL) -Get Report and Amazon (AMZN) -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.\nBut the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?\nAAPL and AMZN: same valuation?\nThe P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.\nAmazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.\nBy 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:\n\nAmazon: 2025 EPS of $172.30, for a P/E of20.4times\nApple: fiscal 2025 EPS of $6.30, for a P/E of21.2times\n\nGiven enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.\nWhich is the best bet?\nIf Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.\nFrom the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.\nClearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.\nFirst, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.\nThis is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.\nRegarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.\nIn addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.\nFigure 2: AMZN gross margin vs. operating margin.\nStock Rover\nTwitter speaks\nFun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128273207,"gmtCreate":1624521431809,"gmtModify":1634004923320,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"[Cool] ","listText":"[Cool] ","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128273207","repostId":"1136393082","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128003571,"gmtCreate":1624494332993,"gmtModify":1634005380700,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Nice[Happy] ","listText":"Nice[Happy] ","text":"Nice[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/128003571","repostId":"1124226438","repostType":4,"repost":{"id":"1124226438","kind":"news","pubTimestamp":1624491633,"share":"https://www.laohu8.com/m/news/1124226438?lang=&edition=full","pubTime":"2021-06-24 07:40","market":"us","language":"en","title":"Warren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation","url":"https://stock-news.laohu8.com/highlight/detail?id=1124226438","media":"CNBC","summary":"Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five","content":"<div>\n<p>Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five foundations, and that he will resign as the trustee at the Bill & Melinda Gates Foundation.\nThis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation</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\">\nWarren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 07:40 GMT+8 <a href=https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five foundations, and that he will resign as the trustee at the Bill & Melinda Gates Foundation.\nThis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1124226438","content_text":"Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five foundations, and that he will resign as the trustee at the Bill & Melinda Gates Foundation.\nThis year’s donation marked the halfway point for the 90-year-old Oracle of Omaha, who in 2006 pledged to give away all of his Berkshire shares through annual gifts to Bill & Melinda Gates Foundation, Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. Back then, Buffett owned 474,998 Berkshire A shares. Today, he said he owns 238,624 shares, worth about $100 billion.\n“Today is a milestone for me,” Buffett said in a statement. “In 2006, I pledged to distribute all of my Berkshire Hathaway shares — more than 99% of my net worth — to philanthropy. With today’s $4.1 billion distribution, I’m halfway there.”\nBuffett’s resignation as Gates Foundation trustee comes as the charitable organization faces a tumultuous time with the divorce of its two founders.\n“For years I have been a trustee — an inactive trustee at that — of only one recipient of my funds, the Bill and Melinda Gates Foundation (BMG). I am now resigning from that post, just as I have done at all corporate boards other than Berkshire’s,” Buffett said. “The CEO of BMG is Mark Suzman, an outstanding recent selection who has my full support. My goals are 100% in sync with those of the foundation, and my physical participation is in no way needed to achieve these goals.”\nBill Gates, co-founder and former CEO of Microsoft, and his wife, Melinda French Gates,announced their divorce in May.The couple along with Buffett were creators of the Giving Pledge, a program that requires participants to give away more than half of their wealth.\nBuffett said his 16 annual contributions to the five foundations over the years were worth $41 billion when disbursed. Buffett is Berkshire’s largest shareholder, owning about 39% of the Class A shares, according to FactSet.\nBerkshire A shares have rebounded more than 20% to hit a record high in 2021 as many of the conglomerate’s business recovered better than expected from the pandemic hit.\n“I’m optimistic. Though naysayers abound — as they have throughout my life — America’s best days most certainly lie ahead,” Buffett said. “Philanthropy will continue to pair human talent with financial resources. So, too, will business and government. Each force has its particular strengths and weaknesses. Combined, they will make the world a better place — a much better place — for future generations.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121772115,"gmtCreate":1624494183237,"gmtModify":1634005386194,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121772115","repostId":"1141692311","repostType":4,"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121747554,"gmtCreate":1624493936178,"gmtModify":1634005392428,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121747554","repostId":"1155993250","repostType":4,"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120610408,"gmtCreate":1624321211404,"gmtModify":1634007908829,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120610408","repostId":"2145084003","repostType":4,"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":873635291,"gmtCreate":1636936209815,"gmtModify":1636936209815,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"🤞🏽🤞🏽","listText":"🤞🏽🤞🏽","text":"🤞🏽🤞🏽","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/873635291","repostId":"1199578994","repostType":4,"repost":{"id":"1199578994","kind":"news","pubTimestamp":1636935211,"share":"https://www.laohu8.com/m/news/1199578994?lang=&edition=full","pubTime":"2021-11-15 08:13","market":"sg","language":"en","title":"Singapore Shares May Bounce Higher Again On Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1199578994","media":"RTTNews","summary":"(RTTNews) - The Singapore stock market headed south again on Friday, one session after ending the tw","content":"<p>(RTTNews) - The Singapore stock market headed south again on Friday, one session after ending the two-day slide in which it had stumbled more than 30 points or 1 percent. The Straits Times Index now sits just beneath the 3,230-point plateau although it figures to rebound again on Monday.</p>\n<p>The global forecast for the Asian markets is cautiously optimistic, with support from technology shares tempered by weakness from oil stocks. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.</p>\n<p>The STI finished modestly lower on Friday following mixed performances from the financials, properties and industrials.</p>\n<p>For the day, the index slipped 9.62 points or 0.30 percent to finish at 3,228.45 after trading between 3,226.17 and 3,248.38. Volume was 2.26 billion shares worth 1.38 billion Singapore dollars. There were 279 gainers and 188 decliners.</p>\n<p>Among the actives, CapitaLand Integrated Commercial Trust spiked 0.93 percent, while City Developments dropped 0.41 percent, Comfort DelGro plummeted 3.21 percent, Dairy Farm International gathered 0.30 percent, DBS Group collected 0.44 percent, Genting Singapore rallied 0.61 percent, Keppel Corp rose 0.19 percent, Mapletree Commercial Trust sank 0.47 percent, Oversea-Chinese Banking Corporation dipped 0.17 percent, SATS tanked 1.43 percent, Singapore Airlines plunged 2.02 percent, Singapore Exchange gained 0.21 percent, Singapore Press Holdings jumped 0.87 percent, Singapore Technologies Engineering perked 0.26 percent, SingTel climbed 0.78 percent, Thai Beverage tumbled 1.37 percent, United Overseas Bank retreated 1.25 percent, Wilmar International added 0.23 percent, Yangzijiang Shipbuilding soared 1.59 percent and CapitaLand, Mapletree Logistics Trust, Jardine Matheson, Ascendas REIT and SembCorp Industries were unchanged.</p>\n<p>The lead from Wall Street is firm as the major averages open modestly higher on Friday but accelerated as the day progressed, finishing at or near session highs.</p>\n<p>The Dow jumped 179.11 points or 0.50 percent to finish at 36,100.31, while the NASDAQ spiked 156.66 points or 1.00 percent to close at 15,860.96 and the S&P 500 gained 33.58 points or 0.72 percent to end at 4,682.85. For the week, the Dow dipped 0.6 percent, the NASDAQ lost 0.7 percent and the S&P eased 0.3 percent.</p>\n<p>The strength on Wall Street came as the concerns about inflation raised by the Labor Department's consumer price report seem to have been short-lived.</p>\n<p>Federal Reserve officials have also repeatedly described the factors driving inflation as transitory, indicating the central bank is not currently considering accelerating monetary policy tightening.</p>\n<p>In economic news, the University of Michigan noted an unexpected deterioration in U.S. consumer sentiment in November.</p>\n<p>Crude oil futures tumbled sharply lower on Friday, weighed down by a firm dollar and a downward revision in global oil demand forecast by OPEC. West Texas Intermediate Crude oil futures for December ended down by $0.80 or 1 percent at $80.79 a barrel.</p>","source":"lsy1603171495471","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>Singapore Shares May Bounce Higher Again On Monday</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\">\nSingapore Shares May Bounce Higher Again On Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 08:13 GMT+8 <a href=https://www.nasdaq.com/articles/singapore-shares-may-bounce-higher-again-on-monday-2021-11-14><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(RTTNews) - The Singapore stock market headed south again on Friday, one session after ending the two-day slide in which it had stumbled more than 30 points or 1 percent. The Straits Times Index now ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/singapore-shares-may-bounce-higher-again-on-monday-2021-11-14\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.nasdaq.com/articles/singapore-shares-may-bounce-higher-again-on-monday-2021-11-14","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199578994","content_text":"(RTTNews) - The Singapore stock market headed south again on Friday, one session after ending the two-day slide in which it had stumbled more than 30 points or 1 percent. The Straits Times Index now sits just beneath the 3,230-point plateau although it figures to rebound again on Monday.\nThe global forecast for the Asian markets is cautiously optimistic, with support from technology shares tempered by weakness from oil stocks. The European markets were mixed and the U.S. bourses were up and the Asian markets figure to split the difference.\nThe STI finished modestly lower on Friday following mixed performances from the financials, properties and industrials.\nFor the day, the index slipped 9.62 points or 0.30 percent to finish at 3,228.45 after trading between 3,226.17 and 3,248.38. Volume was 2.26 billion shares worth 1.38 billion Singapore dollars. There were 279 gainers and 188 decliners.\nAmong the actives, CapitaLand Integrated Commercial Trust spiked 0.93 percent, while City Developments dropped 0.41 percent, Comfort DelGro plummeted 3.21 percent, Dairy Farm International gathered 0.30 percent, DBS Group collected 0.44 percent, Genting Singapore rallied 0.61 percent, Keppel Corp rose 0.19 percent, Mapletree Commercial Trust sank 0.47 percent, Oversea-Chinese Banking Corporation dipped 0.17 percent, SATS tanked 1.43 percent, Singapore Airlines plunged 2.02 percent, Singapore Exchange gained 0.21 percent, Singapore Press Holdings jumped 0.87 percent, Singapore Technologies Engineering perked 0.26 percent, SingTel climbed 0.78 percent, Thai Beverage tumbled 1.37 percent, United Overseas Bank retreated 1.25 percent, Wilmar International added 0.23 percent, Yangzijiang Shipbuilding soared 1.59 percent and CapitaLand, Mapletree Logistics Trust, Jardine Matheson, Ascendas REIT and SembCorp Industries were unchanged.\nThe lead from Wall Street is firm as the major averages open modestly higher on Friday but accelerated as the day progressed, finishing at or near session highs.\nThe Dow jumped 179.11 points or 0.50 percent to finish at 36,100.31, while the NASDAQ spiked 156.66 points or 1.00 percent to close at 15,860.96 and the S&P 500 gained 33.58 points or 0.72 percent to end at 4,682.85. For the week, the Dow dipped 0.6 percent, the NASDAQ lost 0.7 percent and the S&P eased 0.3 percent.\nThe strength on Wall Street came as the concerns about inflation raised by the Labor Department's consumer price report seem to have been short-lived.\nFederal Reserve officials have also repeatedly described the factors driving inflation as transitory, indicating the central bank is not currently considering accelerating monetary policy tightening.\nIn economic news, the University of Michigan noted an unexpected deterioration in U.S. consumer sentiment in November.\nCrude oil futures tumbled sharply lower on Friday, weighed down by a firm dollar and a downward revision in global oil demand forecast by OPEC. West Texas Intermediate Crude oil futures for December ended down by $0.80 or 1 percent at $80.79 a barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":156054767,"gmtCreate":1625187753159,"gmtModify":1633942769250,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/156054767","repostId":"2148082034","repostType":4,"repost":{"id":"2148082034","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625187209,"share":"https://www.laohu8.com/m/news/2148082034?lang=&edition=full","pubTime":"2021-07-02 08:53","market":"us","language":"en","title":"J&J's COVID-19 vaccine shows strong activity against Delta variant","url":"https://stock-news.laohu8.com/highlight/detail?id=2148082034","media":"Reuters","summary":"July 1 (Reuters) - Johnson & Johnson said late Thursday that its single-shot COVID-19 vaccine genera","content":"<p>July 1 (Reuters) - Johnson & Johnson said late Thursday that its single-shot COVID-19 vaccine generated strong, persistent activity against the Delta and other highly prevalent variants.</p>\n<p>Data showed that the durability of the immune response lasted through at least eight months, the U.S.-based healthcare company said, adding that its vaccine was 85% effective and could also help prevent hospitalization and death.</p>\n<p>\"Current data for the eight months studied so far shows that the single-shot Johnson & Johnson COVID-19 vaccine generates a strong neutralizing antibody response that does not wane; rather, we observe an improvement over time,\" Mathai Mammen, head of research & development at J&J's drugs business, said in the statement.</p>\n<p>The COVID-19 vaccine elicited neutralizing antibody activity against the Delta variant, first identified in India, at an even higher level than what was observed for the Beta variant, which was first detected in South Africa, the company said.</p>\n<p>J&J has submitted data as a preprint to the website bioRxiv ahead of peer review.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>J&J's COVID-19 vaccine shows strong activity against Delta variant</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\">\nJ&J's COVID-19 vaccine shows strong activity against Delta variant\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\">2021-07-02 08:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 1 (Reuters) - Johnson & Johnson said late Thursday that its single-shot COVID-19 vaccine generated strong, persistent activity against the Delta and other highly prevalent variants.</p>\n<p>Data showed that the durability of the immune response lasted through at least eight months, the U.S.-based healthcare company said, adding that its vaccine was 85% effective and could also help prevent hospitalization and death.</p>\n<p>\"Current data for the eight months studied so far shows that the single-shot Johnson & Johnson COVID-19 vaccine generates a strong neutralizing antibody response that does not wane; rather, we observe an improvement over time,\" Mathai Mammen, head of research & development at J&J's drugs business, said in the statement.</p>\n<p>The COVID-19 vaccine elicited neutralizing antibody activity against the Delta variant, first identified in India, at an even higher level than what was observed for the Beta variant, which was first detected in South Africa, the company said.</p>\n<p>J&J has submitted data as a preprint to the website bioRxiv ahead of peer review.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JNJ":"强生"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148082034","content_text":"July 1 (Reuters) - Johnson & Johnson said late Thursday that its single-shot COVID-19 vaccine generated strong, persistent activity against the Delta and other highly prevalent variants.\nData showed that the durability of the immune response lasted through at least eight months, the U.S.-based healthcare company said, adding that its vaccine was 85% effective and could also help prevent hospitalization and death.\n\"Current data for the eight months studied so far shows that the single-shot Johnson & Johnson COVID-19 vaccine generates a strong neutralizing antibody response that does not wane; rather, we observe an improvement over time,\" Mathai Mammen, head of research & development at J&J's drugs business, said in the statement.\nThe COVID-19 vaccine elicited neutralizing antibody activity against the Delta variant, first identified in India, at an even higher level than what was observed for the Beta variant, which was first detected in South Africa, the company said.\nJ&J has submitted data as a preprint to the website bioRxiv ahead of peer review.","news_type":1},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":600885710,"gmtCreate":1638137200929,"gmtModify":1638137200929,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Agreed","listText":"Agreed","text":"Agreed","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/600885710","repostId":"2186764328","repostType":4,"repost":{"id":"2186764328","kind":"highlight","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":1638058194,"share":"https://www.laohu8.com/m/news/2186764328?lang=&edition=full","pubTime":"2021-11-28 08:09","market":"hk","language":"en","title":"Black Friday crowds return, but discounts are not what they used to be","url":"https://stock-news.laohu8.com/highlight/detail?id=2186764328","media":"Dow Jones","summary":"For the first time ever, online sales fell as crowds returned to stores\nDespite fewer juicy deals, B","content":"<p>For the first time ever, online sales fell as crowds returned to stores</p>\n<p>Despite fewer juicy deals, Black Friday shoppers dutifully opened their wallets, and for the first time ever, online sales fell as crowds returned to stores.</p>\n<p>Holiday-hungry consumers spent $8.9 billion online Friday, according to <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Analytics. That was a slight drop from $9 billion last year.</p>\n<p>One reason for the decline: the online blitz started well before Thanksgiving Day. Adobe data shows consumers already spent more than $3 billion online on 19 separate days this season, as stores rolled out discounts early -- some as early as September.</p>\n<p>There's also been so much talk about shipping logjams and labor shortages -- and so many emails advertising sales filling up inboxes -- that many shoppers wanted to get a jumpstart on the gifting season.</p>\n<p>On Thanksgiving Day alone, online shoppers spent $5.1 billion before the pumpkin pie was finished, according to Adobe. The figure matched last year's turkey day tally, but was at the low end of Adobe's $5.1 billion- $5.9 billion forecast.</p>\n<p>Complete data for in-store sales results were not yet released, leaving open the question whether online sales topped the in-person kind again, after taking the top spot for the first time last year. Through mid-afternoon Friday, retail sales surged 29.8 percent from last year's COVID-pressured low, according to Mastercard SpendingPulse, which tracks both cash and credit payments.</p>\n<p>Lines returned to metro area stores like Manhattan's Best Buy and Macy's flagship in Herald Square on Friday, with shoppers stating they felt good to be out again after staying home for too long.</p>\n<p>Nearly 100,000 people headed to the Mall of America in Bloomington, Minnesota as of early Friday afternoon, more than double last year, but a bit shy of 2019's numbers for the country's largest mall, The Associated Press reported.</p>\n<p>\"We had a fantastic start,\" said Mall of America senior vice president Jill Renslow.</p>\n<p>But the pandemic likely permanently converted a good portion of the shop-til-you-drop crowd to their keyboards.</p>\n<p>\"The old-school 'I need to wait and get in on Black Friday and line up' is no longer,\" said Angeli Gianchandani, a marketing professor at the University of New Haven. \"That deal that you used to find on Black Friday that everybody would line up at the store and try and grab, that's not happening.\"</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>Holiday sales are expected to grow significantly this season, accelerating the pace from last year. The National Retail Federation forecast 8.5 percent to 10.5 percent sales growth for all of November and December, building on 8 percent growth in those months in 2020.</p>\n<p>Well-publicized logistics problem have already created some concerns about receiving online gifts on time. Many retail websites are sporting banners warning online shoppers to place their orders early, in order to receive them in time to tuck them under the Christmas tree. The US Postal Service said Dec. 15 is the last day for packages expected to arrive by Dec. 25.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Black Friday crowds return, but discounts are not what they used to be</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\">\nBlack Friday crowds return, but discounts are not what they used to be\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\">2021-11-28 08:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>For the first time ever, online sales fell as crowds returned to stores</p>\n<p>Despite fewer juicy deals, Black Friday shoppers dutifully opened their wallets, and for the first time ever, online sales fell as crowds returned to stores.</p>\n<p>Holiday-hungry consumers spent $8.9 billion online Friday, according to <a href=\"https://laohu8.com/S/ADBE\">Adobe</a> Analytics. That was a slight drop from $9 billion last year.</p>\n<p>One reason for the decline: the online blitz started well before Thanksgiving Day. Adobe data shows consumers already spent more than $3 billion online on 19 separate days this season, as stores rolled out discounts early -- some as early as September.</p>\n<p>There's also been so much talk about shipping logjams and labor shortages -- and so many emails advertising sales filling up inboxes -- that many shoppers wanted to get a jumpstart on the gifting season.</p>\n<p>On Thanksgiving Day alone, online shoppers spent $5.1 billion before the pumpkin pie was finished, according to Adobe. The figure matched last year's turkey day tally, but was at the low end of Adobe's $5.1 billion- $5.9 billion forecast.</p>\n<p>Complete data for in-store sales results were not yet released, leaving open the question whether online sales topped the in-person kind again, after taking the top spot for the first time last year. Through mid-afternoon Friday, retail sales surged 29.8 percent from last year's COVID-pressured low, according to Mastercard SpendingPulse, which tracks both cash and credit payments.</p>\n<p>Lines returned to metro area stores like Manhattan's Best Buy and Macy's flagship in Herald Square on Friday, with shoppers stating they felt good to be out again after staying home for too long.</p>\n<p>Nearly 100,000 people headed to the Mall of America in Bloomington, Minnesota as of early Friday afternoon, more than double last year, but a bit shy of 2019's numbers for the country's largest mall, The Associated Press reported.</p>\n<p>\"We had a fantastic start,\" said Mall of America senior vice president Jill Renslow.</p>\n<p>But the pandemic likely permanently converted a good portion of the shop-til-you-drop crowd to their keyboards.</p>\n<p>\"The old-school 'I need to wait and get in on Black Friday and line up' is no longer,\" said Angeli Gianchandani, a marketing professor at the University of New Haven. \"That deal that you used to find on Black Friday that everybody would line up at the store and try and grab, that's not happening.\"</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to <a href=\"https://laohu8.com/S/CRM\">Salesforce</a>.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"</p>\n<p>The average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.</p>\n<p>The value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.</p>\n<p>Holiday sales are expected to grow significantly this season, accelerating the pace from last year. The National Retail Federation forecast 8.5 percent to 10.5 percent sales growth for all of November and December, building on 8 percent growth in those months in 2020.</p>\n<p>Well-publicized logistics problem have already created some concerns about receiving online gifts on time. Many retail websites are sporting banners warning online shoppers to place their orders early, in order to receive them in time to tuck them under the Christmas tree. The US Postal Service said Dec. 15 is the last day for packages expected to arrive by Dec. 25.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M":"梅西百货","BBY":"百思买"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186764328","content_text":"For the first time ever, online sales fell as crowds returned to stores\nDespite fewer juicy deals, Black Friday shoppers dutifully opened their wallets, and for the first time ever, online sales fell as crowds returned to stores.\nHoliday-hungry consumers spent $8.9 billion online Friday, according to Adobe Analytics. That was a slight drop from $9 billion last year.\nOne reason for the decline: the online blitz started well before Thanksgiving Day. Adobe data shows consumers already spent more than $3 billion online on 19 separate days this season, as stores rolled out discounts early -- some as early as September.\nThere's also been so much talk about shipping logjams and labor shortages -- and so many emails advertising sales filling up inboxes -- that many shoppers wanted to get a jumpstart on the gifting season.\nOn Thanksgiving Day alone, online shoppers spent $5.1 billion before the pumpkin pie was finished, according to Adobe. The figure matched last year's turkey day tally, but was at the low end of Adobe's $5.1 billion- $5.9 billion forecast.\nComplete data for in-store sales results were not yet released, leaving open the question whether online sales topped the in-person kind again, after taking the top spot for the first time last year. Through mid-afternoon Friday, retail sales surged 29.8 percent from last year's COVID-pressured low, according to Mastercard SpendingPulse, which tracks both cash and credit payments.\nLines returned to metro area stores like Manhattan's Best Buy and Macy's flagship in Herald Square on Friday, with shoppers stating they felt good to be out again after staying home for too long.\nNearly 100,000 people headed to the Mall of America in Bloomington, Minnesota as of early Friday afternoon, more than double last year, but a bit shy of 2019's numbers for the country's largest mall, The Associated Press reported.\n\"We had a fantastic start,\" said Mall of America senior vice president Jill Renslow.\nBut the pandemic likely permanently converted a good portion of the shop-til-you-drop crowd to their keyboards.\n\"The old-school 'I need to wait and get in on Black Friday and line up' is no longer,\" said Angeli Gianchandani, a marketing professor at the University of New Haven. \"That deal that you used to find on Black Friday that everybody would line up at the store and try and grab, that's not happening.\"\n\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"\nThe average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.\nThe value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.\n\"Now it's Black November,\" she added. \"There's so many more alternatives now. It's not a one-size-fits all.\"\nThe average discount on Thanksgiving Day was 27 percent in the U.S., a decline of 7 percent from last year, according to Salesforce.com.\nThe value of orders placed on Thanksgiving Day jumped 11 percent, even though consumers actually bought fewer items, reflecting this year's persistent inflation.\nHoliday sales are expected to grow significantly this season, accelerating the pace from last year. The National Retail Federation forecast 8.5 percent to 10.5 percent sales growth for all of November and December, building on 8 percent growth in those months in 2020.\nWell-publicized logistics problem have already created some concerns about receiving online gifts on time. Many retail websites are sporting banners warning online shoppers to place their orders early, in order to receive them in time to tuck them under the Christmas tree. The US Postal Service said Dec. 15 is the last day for packages expected to arrive by Dec. 25.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874569024,"gmtCreate":1637802256253,"gmtModify":1637802256253,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874569024","repostId":"1196816391","repostType":4,"isVote":1,"tweetType":1,"viewCount":1161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":128003571,"gmtCreate":1624494332993,"gmtModify":1634005380700,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Nice[Happy] ","listText":"Nice[Happy] ","text":"Nice[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/128003571","repostId":"1124226438","repostType":4,"repost":{"id":"1124226438","kind":"news","pubTimestamp":1624491633,"share":"https://www.laohu8.com/m/news/1124226438?lang=&edition=full","pubTime":"2021-06-24 07:40","market":"us","language":"en","title":"Warren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation","url":"https://stock-news.laohu8.com/highlight/detail?id=1124226438","media":"CNBC","summary":"Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five","content":"<div>\n<p>Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five foundations, and that he will resign as the trustee at the Bill & Melinda Gates Foundation.\nThis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Warren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation</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\">\nWarren Buffett gives away another $4.1 billion, resigns as trustee at Gates Foundation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 07:40 GMT+8 <a href=https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five foundations, and that he will resign as the trustee at the Bill & Melinda Gates Foundation.\nThis ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔"},"source_url":"https://www.cnbc.com/2021/06/23/warren-buffett-gives-away-another-4point1-billion-resigns-as-trustee-at-gates-foundation.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1124226438","content_text":"Warren Buffett said Wednesday he will donate $4.1 billion worth of Berkshire Hathaway shares to five foundations, and that he will resign as the trustee at the Bill & Melinda Gates Foundation.\nThis year’s donation marked the halfway point for the 90-year-old Oracle of Omaha, who in 2006 pledged to give away all of his Berkshire shares through annual gifts to Bill & Melinda Gates Foundation, Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. Back then, Buffett owned 474,998 Berkshire A shares. Today, he said he owns 238,624 shares, worth about $100 billion.\n“Today is a milestone for me,” Buffett said in a statement. “In 2006, I pledged to distribute all of my Berkshire Hathaway shares — more than 99% of my net worth — to philanthropy. With today’s $4.1 billion distribution, I’m halfway there.”\nBuffett’s resignation as Gates Foundation trustee comes as the charitable organization faces a tumultuous time with the divorce of its two founders.\n“For years I have been a trustee — an inactive trustee at that — of only one recipient of my funds, the Bill and Melinda Gates Foundation (BMG). I am now resigning from that post, just as I have done at all corporate boards other than Berkshire’s,” Buffett said. “The CEO of BMG is Mark Suzman, an outstanding recent selection who has my full support. My goals are 100% in sync with those of the foundation, and my physical participation is in no way needed to achieve these goals.”\nBill Gates, co-founder and former CEO of Microsoft, and his wife, Melinda French Gates,announced their divorce in May.The couple along with Buffett were creators of the Giving Pledge, a program that requires participants to give away more than half of their wealth.\nBuffett said his 16 annual contributions to the five foundations over the years were worth $41 billion when disbursed. Buffett is Berkshire’s largest shareholder, owning about 39% of the Class A shares, according to FactSet.\nBerkshire A shares have rebounded more than 20% to hit a record high in 2021 as many of the conglomerate’s business recovered better than expected from the pandemic hit.\n“I’m optimistic. Though naysayers abound — as they have throughout my life — America’s best days most certainly lie ahead,” Buffett said. “Philanthropy will continue to pair human talent with financial resources. So, too, will business and government. Each force has its particular strengths and weaknesses. Combined, they will make the world a better place — a much better place — for future generations.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":600885414,"gmtCreate":1638137186965,"gmtModify":1638137186965,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"🙌🏼","listText":"🙌🏼","text":"🙌🏼","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/600885414","repostId":"2186340224","repostType":4,"repost":{"id":"2186340224","kind":"highlight","pubTimestamp":1638059445,"share":"https://www.laohu8.com/m/news/2186340224?lang=&edition=full","pubTime":"2021-11-28 08:30","market":"us","language":"en","title":"Got $5,000? These 2 Stocks Could Be Bargain Buys in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2186340224","media":"Motley Fool","summary":"Both of these businesses could be in much better shape a year from now.","content":"<p>Investing in stocks that are falling can be tough to do; nobody wants to look at their portfolio and see red. But if you're investing for the long haul, you know that short-term trends could subside, and this year's sell-off stock could be next year's top performer.</p>\n<p>That's exactly what I think of with <a href=\"https://laohu8.com/S/AZN\"><b>AstraZeneca </b></a> and <a href=\"https://laohu8.com/S/BYND\"><b>Beyond Meat </b></a>. Both of these stocks have been falling recently, but heading into next year, things could look a lot better. If you can afford to invest $5,000 into these stocks, here's why you should consider doing so.</p>\n<h4><b>1. AstraZeneca</b></h4>\n<p>Shares of COVID-19 vaccine-maker AstraZeneca are down 5% over the past three months, while the <b>S&P 500</b> has soared by more than 5%. The company released its third-quarter results on Nov. 12, which disappointed investors as it fell short of earnings expectations. The stock sank more than 6% on the day.</p>\n<p>But next year, things could look much different. Up until now, AstraZeneca hasn't been trying to make a profit from its COVID-19 vaccine. But now that the pandemic is turning into more of an endemic, the company is going to focus on turning a profit on the vaccine on any new orders.</p>\n<p>That means an increase in price. The company has been selling its vaccine for just a few dollars per dose, well below what other COVID-19 vaccine makers are charging countries.</p>\n<p>For the period ending Sept. 30, the company's COVID-19 vaccine generated over $1 billion in revenue. Meanwhile, rival vaccine-maker <b>Moderna</b> reported $4.8 billion in product sales for the same period, and <b>Pfizer</b>'s COVID-19 vaccine generated $13 billion in revenue, also during the same interval.</p>\n<p>While it's unclear just how much higher AstraZeneca's COVID-19-related revenue may climb on an increase in the vaccine's price, its top line is likely to get a boost next year nonetheless. Plus, it completed the acquisition of healthcare-company Alexion Pharmaceuticals in July, which has already started contributing to AstraZeneca's financials this past quarter to the tune of $1.3 billion in new revenue. Alexion's focus on rare diseases expands AstraZeneca's product mix and can set it up for some great gains over the long term.</p>\n<p>Although AstraZeneca incurred a net loss of $1.7 billion this past quarter, that's largely due to the acquisition of Alexion, as its operations are typically profitable. (In each of the previous four quarters, AstraZeneca has reported a profit margin of at least 6%.)</p>\n<p>As it integrates Alexion into its business and eliminates inefficiencies and redundancies, the company's financials will improve. That, combined with the additional revenue from the new business plus an increase in COVID-19 sales, could set the stock up for a terrific performance in 2022.</p>\n<h4><b>2. Beyond Meat</b></h4>\n<p>Beyond Meat's stock has been falling fast as it's down 36% in just three months. What was looking like it might be a promising year for the company amid reopenings has stalled due to the delta variant causing a spike in COVID-19 cases.</p>\n<p>The company had a bad earnings report and the stock has become a better buy in November. Although sales of $106.4 million for the period ending Oct. 2 rose 13% year over year, the company disappointed investors with a net loss of $54.8 million that was more than double the $19.3 million loss it reported in the same period in 2020. Beyond Meat doesn't project a picture of getting much better in the final quarter of the year, as it expects net revenue to fall within a range of just $85 million to $110 million.</p>\n<p>There's no shortage of bearishness surrounding Beyond Meat right now. But heading into next year, a lot can change. What's important is that the company has some great growth opportunities in place.</p>\n<p>Beyond's sales were up 13% this past quarter, but that was driven primarily by growth in the international markets, where revenue more than doubled to $38.9 million. In the U.S. market, sales of $67.5 million declined by 14%.</p>\n<p>However, if supply-chain issues resolve next year and COVID-19 case numbers come down as people receive booster shots, there's reason to believe that the U.S. numbers could strengthen with a return to normalcy in the economy. And fast-food restaurant <b>McDonald's</b> recently launched its McPlant burger (which features a Beyond Meat patty) in multiple U.S. cities. If successful, that could also lead to some improved financials for Beyond in 2022.</p>\n<p>Although the growth stock is beaten up today, a year from now, today's price could look like a bargain.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Got $5,000? These 2 Stocks Could Be Bargain Buys in 2022</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\">\nGot $5,000? These 2 Stocks Could Be Bargain Buys in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-28 08:30 GMT+8 <a href=https://www.fool.com/investing/2021/11/27/these-2-stocks-could-be-bargain-buys-in-2022/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing in stocks that are falling can be tough to do; nobody wants to look at their portfolio and see red. But if you're investing for the long haul, you know that short-term trends could subside, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/27/these-2-stocks-could-be-bargain-buys-in-2022/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZN":"阿斯利康","BYND":"Beyond Meat, Inc."},"source_url":"https://www.fool.com/investing/2021/11/27/these-2-stocks-could-be-bargain-buys-in-2022/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2186340224","content_text":"Investing in stocks that are falling can be tough to do; nobody wants to look at their portfolio and see red. But if you're investing for the long haul, you know that short-term trends could subside, and this year's sell-off stock could be next year's top performer.\nThat's exactly what I think of with AstraZeneca and Beyond Meat . Both of these stocks have been falling recently, but heading into next year, things could look a lot better. If you can afford to invest $5,000 into these stocks, here's why you should consider doing so.\n1. AstraZeneca\nShares of COVID-19 vaccine-maker AstraZeneca are down 5% over the past three months, while the S&P 500 has soared by more than 5%. The company released its third-quarter results on Nov. 12, which disappointed investors as it fell short of earnings expectations. The stock sank more than 6% on the day.\nBut next year, things could look much different. Up until now, AstraZeneca hasn't been trying to make a profit from its COVID-19 vaccine. But now that the pandemic is turning into more of an endemic, the company is going to focus on turning a profit on the vaccine on any new orders.\nThat means an increase in price. The company has been selling its vaccine for just a few dollars per dose, well below what other COVID-19 vaccine makers are charging countries.\nFor the period ending Sept. 30, the company's COVID-19 vaccine generated over $1 billion in revenue. Meanwhile, rival vaccine-maker Moderna reported $4.8 billion in product sales for the same period, and Pfizer's COVID-19 vaccine generated $13 billion in revenue, also during the same interval.\nWhile it's unclear just how much higher AstraZeneca's COVID-19-related revenue may climb on an increase in the vaccine's price, its top line is likely to get a boost next year nonetheless. Plus, it completed the acquisition of healthcare-company Alexion Pharmaceuticals in July, which has already started contributing to AstraZeneca's financials this past quarter to the tune of $1.3 billion in new revenue. Alexion's focus on rare diseases expands AstraZeneca's product mix and can set it up for some great gains over the long term.\nAlthough AstraZeneca incurred a net loss of $1.7 billion this past quarter, that's largely due to the acquisition of Alexion, as its operations are typically profitable. (In each of the previous four quarters, AstraZeneca has reported a profit margin of at least 6%.)\nAs it integrates Alexion into its business and eliminates inefficiencies and redundancies, the company's financials will improve. That, combined with the additional revenue from the new business plus an increase in COVID-19 sales, could set the stock up for a terrific performance in 2022.\n2. Beyond Meat\nBeyond Meat's stock has been falling fast as it's down 36% in just three months. What was looking like it might be a promising year for the company amid reopenings has stalled due to the delta variant causing a spike in COVID-19 cases.\nThe company had a bad earnings report and the stock has become a better buy in November. Although sales of $106.4 million for the period ending Oct. 2 rose 13% year over year, the company disappointed investors with a net loss of $54.8 million that was more than double the $19.3 million loss it reported in the same period in 2020. Beyond Meat doesn't project a picture of getting much better in the final quarter of the year, as it expects net revenue to fall within a range of just $85 million to $110 million.\nThere's no shortage of bearishness surrounding Beyond Meat right now. But heading into next year, a lot can change. What's important is that the company has some great growth opportunities in place.\nBeyond's sales were up 13% this past quarter, but that was driven primarily by growth in the international markets, where revenue more than doubled to $38.9 million. In the U.S. market, sales of $67.5 million declined by 14%.\nHowever, if supply-chain issues resolve next year and COVID-19 case numbers come down as people receive booster shots, there's reason to believe that the U.S. numbers could strengthen with a return to normalcy in the economy. And fast-food restaurant McDonald's recently launched its McPlant burger (which features a Beyond Meat patty) in multiple U.S. cities. If successful, that could also lead to some improved financials for Beyond in 2022.\nAlthough the growth stock is beaten up today, a year from now, today's price could look like a bargain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1045,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851011729,"gmtCreate":1634858605658,"gmtModify":1634858691291,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻👍🏻","listText":"👍🏻👍🏻","text":"👍🏻👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851011729","repostId":"1177823768","repostType":4,"repost":{"id":"1177823768","kind":"news","pubTimestamp":1634825456,"share":"https://www.laohu8.com/m/news/1177823768?lang=&edition=full","pubTime":"2021-10-21 22:10","market":"us","language":"en","title":"WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1177823768","media":"The Wall Street Journal","summary":"Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce ","content":"<blockquote>\n <b>Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.</b>\n</blockquote>\n<p>WeWork shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/85a19775eda4d912da012ce71b6d0269\" tg-width=\"1044\" tg-height=\"559\" referrerpolicy=\"no-referrer\"></p>\n<p>The shared-office company WeWork went public through a combination withBowX AcquisitionCorp., a special-purpose acquisition company. Shares, trading under the name WeWork Inc., rose over 5% to nearly $11 Thursday morning.</p>\n<p>In 2019, WeWork’s IPO fell apart as the company faced questions about its corporate governance and how much it was worth. Now the entity that is making its debut on the New York Stock Exchange has undergone a refresh under Chief Executive Sandeep Mathrani. It has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during the Covid-19 pandemic.</p>\n<p>The deal with BowX Acquisition earlier this year gave WeWork a roughly $8 billion equity value. The combination provides WeWork with cash proceeds of about $1.3 billion, the companies said.</p>\n<p>Founded in 2010, WeWork is a player in the market for flexible office space. It signs long-term leases with landlords, and after renovating a space and furnishing it, the company subleases small offices or even whole buildings to tenants for as little as a month at a time.</p>\n<p>The company had a $47 billion valuation in the lead-up to its IPO, but its attempt to tap the public markets in 2019 failed when investors rejected the money-losing company. Itsvisionary yet erraticleader, Adam Neumann, subsequentlyresigned as chief executive, telling staff in an email at the time that “too much focus has been placed on me.”</p>\n<p>SoftBank GroupCorp.9984-2.06%, the Japanese technology investor that has poured money into WeWork, rescued the company after the failed IPO endeavor. It continuesto hold a majority stakein WeWork after the SPAC deal. Mr. Neumann will have voting power of about 11% after the business combination, according to a securities filing.</p>\n<p>In 2019, WeWork said that its mission was to “elevate the world’s consciousness” and that it could reduce costs by 66% compared with a standard lease. In its latest attempt to enter the public markets, WeWork released a slideshow for investors that included case studies of how companies could shave real-estate costs by around 25% per employee by switching to WeWork.</p>\n<p>Ahead of the public-market debut, Mr. Mathrani marketed the company’s offering as so-called space as a service. “As companies around the world reimagine their workplace, WeWork is uniquely positioned to offer the space and services that can power solutions built around flexibility,” he said Wednesday.</p>\n<p>The Covid-19 pandemic struck just as WeWork was trying to rebound from its troubles in late 2019, posing a challenge for a company whose shared offices had workers in proximity. The company in August posted a net loss attributable to the company of $888.8 million for the three months ended June 30, compared with a loss of $863.8 million a year earlier.</p>\n<p>In a securities filing, WeWork said its occupancy rate fell to 55% as of June 1 from 58% the same time last year because of a decline in demand primarily driven by the effects of Covid-19.</p>\n<p>Mr. Mathrani and Executive Chairman Marcelo Claure, who is also the chief operating officer of SoftBank Group, will continue to be at the helm of WeWork as it goes public, the company said Wednesday.</p>\n<p>SPACs, also known as blank-check companies because they raise money with the purpose of seeking a target to merge with and take public, have risen in popularity as companies seek alternatives to a traditional IPO. Such ventures typically have two years to find a target. Share prices for listed SPACs have retreated this year, leaving many blank-check companies trading below their debut prices.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO</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\">\nWeWork Shares Rise on First Day of Trading, Two Years After Failed IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 22:10 GMT+8 <a href=https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.\n\nWeWork shares rose on their first day of trading Thursday, capping a ...</p>\n\n<a href=\"https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177823768","content_text":"Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.\n\nWeWork shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019.\n\nThe shared-office company WeWork went public through a combination withBowX AcquisitionCorp., a special-purpose acquisition company. Shares, trading under the name WeWork Inc., rose over 5% to nearly $11 Thursday morning.\nIn 2019, WeWork’s IPO fell apart as the company faced questions about its corporate governance and how much it was worth. Now the entity that is making its debut on the New York Stock Exchange has undergone a refresh under Chief Executive Sandeep Mathrani. It has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during the Covid-19 pandemic.\nThe deal with BowX Acquisition earlier this year gave WeWork a roughly $8 billion equity value. The combination provides WeWork with cash proceeds of about $1.3 billion, the companies said.\nFounded in 2010, WeWork is a player in the market for flexible office space. It signs long-term leases with landlords, and after renovating a space and furnishing it, the company subleases small offices or even whole buildings to tenants for as little as a month at a time.\nThe company had a $47 billion valuation in the lead-up to its IPO, but its attempt to tap the public markets in 2019 failed when investors rejected the money-losing company. Itsvisionary yet erraticleader, Adam Neumann, subsequentlyresigned as chief executive, telling staff in an email at the time that “too much focus has been placed on me.”\nSoftBank GroupCorp.9984-2.06%, the Japanese technology investor that has poured money into WeWork, rescued the company after the failed IPO endeavor. It continuesto hold a majority stakein WeWork after the SPAC deal. Mr. Neumann will have voting power of about 11% after the business combination, according to a securities filing.\nIn 2019, WeWork said that its mission was to “elevate the world’s consciousness” and that it could reduce costs by 66% compared with a standard lease. In its latest attempt to enter the public markets, WeWork released a slideshow for investors that included case studies of how companies could shave real-estate costs by around 25% per employee by switching to WeWork.\nAhead of the public-market debut, Mr. Mathrani marketed the company’s offering as so-called space as a service. “As companies around the world reimagine their workplace, WeWork is uniquely positioned to offer the space and services that can power solutions built around flexibility,” he said Wednesday.\nThe Covid-19 pandemic struck just as WeWork was trying to rebound from its troubles in late 2019, posing a challenge for a company whose shared offices had workers in proximity. The company in August posted a net loss attributable to the company of $888.8 million for the three months ended June 30, compared with a loss of $863.8 million a year earlier.\nIn a securities filing, WeWork said its occupancy rate fell to 55% as of June 1 from 58% the same time last year because of a decline in demand primarily driven by the effects of Covid-19.\nMr. Mathrani and Executive Chairman Marcelo Claure, who is also the chief operating officer of SoftBank Group, will continue to be at the helm of WeWork as it goes public, the company said Wednesday.\nSPACs, also known as blank-check companies because they raise money with the purpose of seeking a target to merge with and take public, have risen in popularity as companies seek alternatives to a traditional IPO. Such ventures typically have two years to find a target. Share prices for listed SPACs have retreated this year, leaving many blank-check companies trading below their debut prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":834618340,"gmtCreate":1629796260880,"gmtModify":1633682386239,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834618340","repostId":"1182344736","repostType":4,"repost":{"id":"1182344736","kind":"news","pubTimestamp":1629795830,"share":"https://www.laohu8.com/m/news/1182344736?lang=&edition=full","pubTime":"2021-08-24 17:03","market":"us","language":"en","title":"Dow Jones, Nasdaq extend rally on vaccine optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=1182344736","media":"Seeking Alpha","summary":"Extending the rebound seen yesterday, investors are getting another dose of optimism following full ","content":"<p>Extending the rebound seen yesterday, investors are getting another dose of optimism following full FDA approval for the <a href=\"https://laohu8.com/S/PFE\">Pfizer</a>-BioNTech shot. The big milestone is expected to help bolster the current immunization drive amid a renewed surge in COVID infections. The sentiment also marks a change from last week, when doubts resurfaced over the pace of the recovery and central bank support. Futures overnight: Dow+0.2%; S&P 500+0.3%; <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a>+0.5%.</p>\n<p><i>On watch:</i> The big event for markets this week will take place in Jackson Hole at the economic symposium of the Federal Reserve. While some officials have stated plans to scale back stimulus, threats from the Delta variant have raised questions about whether they will hold off on signaling a taper timeline on $120B/month in bond buying.</p>\n<p>\"The feeling is Fed chair Jay Powell will err on the side of caution at this week's Jackson Hole symposium and fail to offer advance notice of tapering its asset purchase program,” said Chris Weston, head of research at Pepperstone Financial, adding that \"now is the time to wade into a bit of cyclicality.\"</p>\n<p><b>Elsewhere:</b> The House of Representativesscrappeda planned vote on Monday to advance two key economic proposals of President Biden's $4.1T economic agenda. The chamber will reconvene at 12 p.m. ET today as centrist Democrats and party leaders try to break a stalemate over the legislation. House Speaker Nancy Pelosi has sought to pair separate bills on physical and \"human\" infrastructure, while nine Democratic lawmakers opposed plans that would advance the infrastructure bill, a budget plan and separate voting rights.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow Jones, Nasdaq extend rally on vaccine optimism</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones, Nasdaq extend rally on vaccine optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 17:03 GMT+8 <a href=https://seekingalpha.com/news/3733358-dow-jones-nasdaq-extend-rally-on-vaccine-optimism><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Extending the rebound seen yesterday, investors are getting another dose of optimism following full FDA approval for the Pfizer-BioNTech shot. The big milestone is expected to help bolster the current...</p>\n\n<a href=\"https://seekingalpha.com/news/3733358-dow-jones-nasdaq-extend-rally-on-vaccine-optimism\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://seekingalpha.com/news/3733358-dow-jones-nasdaq-extend-rally-on-vaccine-optimism","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182344736","content_text":"Extending the rebound seen yesterday, investors are getting another dose of optimism following full FDA approval for the Pfizer-BioNTech shot. The big milestone is expected to help bolster the current immunization drive amid a renewed surge in COVID infections. The sentiment also marks a change from last week, when doubts resurfaced over the pace of the recovery and central bank support. Futures overnight: Dow+0.2%; S&P 500+0.3%; Nasdaq+0.5%.\nOn watch: The big event for markets this week will take place in Jackson Hole at the economic symposium of the Federal Reserve. While some officials have stated plans to scale back stimulus, threats from the Delta variant have raised questions about whether they will hold off on signaling a taper timeline on $120B/month in bond buying.\n\"The feeling is Fed chair Jay Powell will err on the side of caution at this week's Jackson Hole symposium and fail to offer advance notice of tapering its asset purchase program,” said Chris Weston, head of research at Pepperstone Financial, adding that \"now is the time to wade into a bit of cyclicality.\"\nElsewhere: The House of Representativesscrappeda planned vote on Monday to advance two key economic proposals of President Biden's $4.1T economic agenda. The chamber will reconvene at 12 p.m. ET today as centrist Democrats and party leaders try to break a stalemate over the legislation. House Speaker Nancy Pelosi has sought to pair separate bills on physical and \"human\" infrastructure, while nine Democratic lawmakers opposed plans that would advance the infrastructure bill, a budget plan and separate voting rights.","news_type":1},"isVote":1,"tweetType":1,"viewCount":467,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152118366,"gmtCreate":1625275365555,"gmtModify":1633941893969,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/152118366","repostId":"1149622010","repostType":4,"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128273207,"gmtCreate":1624521431809,"gmtModify":1634004923320,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"[Cool] ","listText":"[Cool] ","text":"[Cool]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128273207","repostId":"1136393082","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153302160,"gmtCreate":1625008784750,"gmtModify":1633946020150,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/153302160","repostId":"1165468426","repostType":4,"repost":{"id":"1165468426","kind":"news","pubTimestamp":1624976964,"share":"https://www.laohu8.com/m/news/1165468426?lang=&edition=full","pubTime":"2021-06-29 22:29","market":"us","language":"en","title":"Facebook Could Be A $500 Stock After Court Tosses FTC Case","url":"https://stock-news.laohu8.com/highlight/detail?id=1165468426","media":"seekingalpha","summary":"Summary\n\nWins in court against the FTC and States clear up regulatory headwinds.\nSubstantial profits","content":"<p><b>Summary</b></p>\n<ul>\n <li>Wins in court against the FTC and States clear up regulatory headwinds.</li>\n <li>Substantial profits will grow throughout the year.</li>\n <li>Facebook may not have much to fear from future regulation either.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e924941f95567d72af0984753c0d9302\" tg-width=\"1536\" tg-height=\"1024\"><span>naruecha jenthaisong/Moment via Getty Images</span></p>\n<p>I started analyzing Facebook (FB) last week and I was surprised how bullish my conclusions were about the company's prospects. With yesterday's wins in federal court, some potential headwinds around litigation are clearing up. I'm now quite bullish on the stock and I think the stock price could be over $500/share by the end of the year.</p>\n<p><b>Facebook scores two wins in court</b></p>\n<p>Facebook scored a significant legal and regulatory victory yesterday with wins in two cases in which they were sued by the Federal Trade Commission (FTC) and a number of states. Not only are they near-term wins for the company, and but also for reasons I'll discuss in the next section I think they also bode well for the company's future regulatory prospects.</p>\n<p>In the first case, the Federal Trade Commission (\"FTC\") claimed Facebook had gained monopoly power first through its acquisitions of Instagram and WhatsApp and second through making them inoperable with other platforms. The FTC sued for an injunction that would force Facebook to reverse or unwind the acquisitions and make them open their platform to other programs.</p>\n<p>The court held for Facebook and against the Federal Trade Commission(\"FTC\") on two important items and against Facebook on one. First, the court held that the FTC did not show that Facebook had monopoly power in the field of personal social networking by showing that it had more than 60% market share in that field. Second, the court found the FTC waited too long to seek an injunction against the company. But third, the Court thought it might be possible for the FTC to replead its case seeking an injunction against Facebook for anti-competitive conduct under a different legal standard (see pages 50-53).</p>\n<p>In the second case,the court held even more strongly in favor of Facebook and dismissed the states' claims. The states also sued claiming that Facebook was using monopoly power to keep competitors out and that acquiring Instagram and WhatsApp created a monopoly. The court dismissed both claims saying that first, the states had waited too long to bring their suits and that second, there was nothing illegal under current law to require Facebook to make its services interoperable.</p>\n<p>Legally, we can expect a few things. First the states will probably appeal the dismissal of their suit. I don't see this as a big issue. Parties lose lawsuits all the time and they appeal all the time without changing the result. What happens to the FTC suit is much more interesting.</p>\n<p>As noted above, while the judge dismissed the states' case, he kept the FTC case open and only dismissed their complaint (the active piece of paper in the lawsuit). He basically invited them to re-file the case under the different law he cited. The FTC has a few strategic choices to make at this point. First, they can appeal the decision to a higher court. Second, they can re-plead the case in the way the judge left open for them. Third, they can start to look for another option to regulate the company (such as passing another law or creating an administrative rule). Fourth, they can start negotiating with Facebook. I surmise they'll work on each of the above.</p>\n<p>Normally, losing a case has an impact on what I would call the \"atmosphere\" or \"momentum\" around an issue above and beyond the impact of this ruling in particular. So in most cases I would expect a federal agency to feel somewhat embarrassed or humbled and that could have an effect on their decision-making going forward. In this case, with a clear opening to re-plead the case and start over, they may not be as \"gun shy\" as one might expect.</p>\n<p>To the third point,there are already a number of members of Congress who wanted to regulate tech companies such as Facebook, and a number of them arereacting to the court decisionsaying that it shows the need for new legislation. The Biden administration'snew FTC chairwoman Lina Khan has a reputation as a tech critic, but I haven't found anything about a plan of hers to regulate Facebook. So all-in-all, there is certainly some desire for a change in law but I can't see anything in the works that could be put into place in the very near term.</p>\n<p>Fourth, litigants are always negotiating and it's entirely possible that Facebook has offered some kind of concessions already that we don't know about. I don't see that as a likely outcome here.</p>\n<p><b>Future Regulation Shouldn't Worry Facebook</b></p>\n<p>Based on experience watching regulations change in Washington and my reading of the political tea leaves, I want to explain why I'm not concerned that regulation will hamper Facebook's business prospects.</p>\n<p>First and foremost, while most people think of regulation as a system for the government to keep companies from doing things the companies want to do, it's just as true that regulation carves out a space for companies to do lots of other things without fear of adverse legal consequences. Moreover, the regulations can often entrench incumbents by making compliance too expensive or burdensome for new competitors. This was probably the case with thewell-publicized FTC settlement with Herbalife(HLF) whose share price has basically doubled since its settlement five years ago:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5ae2b9ff7e9edb953d2fae3807d1815a\" tg-width=\"640\" tg-height=\"409\"><span>Source: Seeking Alpha</span></p>\n<p>Regulation building a moat to keep out competitors and ensure profits is also probably a good description of what's happened to tobacco companies such as Philip Morris (PM) and Altria (MO). What would it take for someone to start a new cigarette company? Doesn't seem likely to happen anytime soon. A third reason regulation often doesn't end up hurting profits is the phenomenon ofregulatory capturein which the regulator ends up in effect working for the company! So all this is to say that even if regulation is coming, it may not necessarily be all that bad.</p>\n<p>Second, one of the most likely outcomes sought in litigation is divestiture or interoperability of Instagram and WhatsApp - and that may be fine for Facebook. I use WhatsApp every day (it's much more popular outside the US), and I also have other competing programs such as Telegram and Viber on my phone. The other two services seem fine, but no one I know uses them on a regular basis. Moreover, no one I know who uses WhatsApp does so because of a link to Facebook right now. (Facebook would like to link them through Messenger, though). It's possible that WhatsApp has already won the competition by being first, better capitalized or executing better. So WhatsApp spinning off from Facebook just might not make a difference to the businesses. If Facebook is forced to make its service interoperable, they might still be able to charge other companies a fee for using their assets and this really might not be a bad business move. I'm less familiar with Instagram and its competitors such as Snapchat (SNAP), but I think a similar conclusion is likely.</p>\n<p>Third, even though there are good reasons to regulate Facebook around concerns about itseffects on users' mental health,political extremismandmonopoly poweramong other things, I just don't see much happening because of how politics works. (For an interesting views on Facebook and its effects on users and society, seeZucked by Roger McNamee). Politics normally ends up serving the interests of the wealthy and powerful, and Facebook, its executives and shareholders are now wealthy and powerful. Facebook has proven effective inlobbying and managing government relations, and it is increasing its focus on these. Facebook may also have powerful allies in Amazon (AMZN), Apple (AAPL), Microsoft (MSFT) and other tech companies which could be wary of further regulations. Right now, a number of the most powerful people in Congress such as Speaker of the House Nancy Pelosi basically represent Silicon Valley which bodes well for Facebook's interests. Even in the event that Republicans take over one or both houses of Congress in the midterms, I don't believe that the recent trend of \"populism\" among many Republicans will overcome the party's core resistance to regulation and support for corporate America.</p>\n<p>So if I had to make a prediction, it would be that Facebook ends up making some kind of concessions that don't affect operations or profitability but allow politicians and regulators to claim that they've accomplished something. This has the added benefit for Facebook of making it less likely that further reform might come in the future.</p>\n<p><b>Facebook's Recent Earnings are great</b></p>\n<p>Even in the Covid-19 effected year of 2020, Facebook's numbers are outstanding and in the most recent quarter they're even stronger. As you can see from this summary of results included in the company's Form 10-K for 2020, earnings and margins are strong and growing:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f921d22e5694000a51c60e069de30b52\" tg-width=\"640\" tg-height=\"304\"><span>Source: Facebook</span></p>\n<p>Revenue grew by almost $15 billion in each of the previous 4 years, and net income climbed higher and higher for every year except 2019, when its move to $29 billion in 2020 made up for what it lost the year before.</p>\n<p>If all we had to go on were these backwards looking numbers, I would estimate the \"back of the envelope\" value this company by taking multiplying the most recent earnings of $29 billion by 33 for $957 billion and adding excess cash of $62 billion for a <b>market capitalization of $1,019 billion $359/share</b>. Likewise, I would say that valuing it at only 25x last year's earnings plus excess cash yields a valuation of $787 billion, would mean the company was undervalued at a price $277/share. But for the reasons I'll set out below, I think these numbers are too low.</p>\n<p><b>Estimating this year's earning - much, much higher</b></p>\n<p>In the first quarter of 2021, Facebook earned almost $9.5 billion as you can see from this income statement in the most recent Form 10-Q:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3db9a4108a92e18a59dbb1923cd9c903\" tg-width=\"640\" tg-height=\"174\"><span>Source: Facebook</span></p>\n<p>It's clear that the first quarter of 2020 had a dramatic reduction in business activity from Covid-19. It would be tough to say how much that effected customers in the first quarter of last year, making a direct comparison very difficult. In order to get a good guess what the strong first quarter means for Facebook, I want to compare the company's user statistics to quarterly profits and make some educated guesses.</p>\n<p>Facebook's earnings presentations give us a description of the monthly active users of all the company's products broken down by quarter:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e25d73bdd71d2f841ab92917e27cee44\" tg-width=\"640\" tg-height=\"429\"><span>Source: Facebook</span></p>\n<p>As well as revenue:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/79d68ef6536f200bbffa310ad257a3ed\" tg-width=\"640\" tg-height=\"430\"><span>Source: Facebook</span></p>\n<p>and net income:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d7d23e558cff9eb15938c953982d5795\" tg-width=\"640\" tg-height=\"381\"><span>Source: Facebook</span></p>\n<p>Looking over these three charts we see that even though monthly average users grow consistently, there is some seasonality to the revenue and earnings.</p>\n<p>I've made my own spreadsheet of this information:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd491880ca77778e76d41d367223b669\" tg-width=\"640\" tg-height=\"151\"><span>Source: Author</span></p>\n<p>In light of those numbers showing:</p>\n<p>(1) MAU grows every quarter, but</p>\n<p>(2) Revenue and Net Income change with the seasons,</p>\n<p>I'm willing to make some rough guesses about the rest of this year:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c413f3304ab59e2ca2b56822ee4465c\" tg-width=\"640\" tg-height=\"114\"><span>Source: Author</span></p>\n<p>To arrive at these estimate, I kept user growth constant and multiplied revenue by 1.44, 1.4 and 1.3 over its prior year. That's a guess, but I think that having been transparent about how I made my estimates, you can adjust that number up or down as you think best. To arrive at net income, I kept the net income/revenue ratio the same as it had been in the same quarter of the prior year. This captures some of the operating leverage and increasing returns to scale inherent in Facebook's business model.</p>\n<p>I estimated that the company would $9.5 plus $7.2 plus $11 plus $14.5 billion of net income this year, for a total of $42.2 billion. That's quite an improvement over last year's $29 billion!</p>\n<p>If these estimates are reasonable and we assume the company increases cash on the balance sheet to $75 billion, at the not-too-optimistic multiple of 25x earnings for a growing company and including the excess cash, that means Facebook stock could be meaningfully <b>undervalued at a market cap of $1,130 billion or $398/share</b>. Because of the growth we see, I really don't think it's unreasonable to arrive at <b>fair value with a 33x multiple on the stock for $1,461 billion or $526/share</b>.</p>\n<p><b>Global Growth and New Products add upside</b></p>\n<p>The estimates I used in the section above may be too low for two reasons. First, they're not accounting for the increasing returns on Facebook's growth outside the US. Facebook's growth inemerging markets such as Indiais extremely valuable because they have both a long runway for adding users, and the users themselves can be expected to become more profitable as GDP and consumption increase over time at rates faster than those in developed markets.</p>\n<p>Facebook is alsoexpanding rapidly into virtual reality. I don't have any way of estimating how big or how profitable this segment will be, but it's not unreasonable to think they'll have a lead in gaming and social segments and widespread adoption could lead to new kinds of unanticipated uses. For the last several years, spending on research and development has served to push the company's earnings down somewhat, but once they release a commercial product, we could begin to see the fruits of their labor.</p>\n<p><b>Conclusion</b></p>\n<p>With legal and regulatory challenges seeming less difficult and growing profitability, I am quite bullish on shares of Facebook. As always, a number of things could go wrong. If a new political environment becomes much more hostile to \"Big Tech\" or we see the emergence of a social movement to drop Facebook (I've tried to leave a few times myself!) that would depress earnings and change my thesis. At these prices and with this much growth on the horizon, I'm not concerned about those risks. As they say, \"we like the stock.\"</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Could Be A $500 Stock After Court Tosses FTC Case</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\">\nFacebook Could Be A $500 Stock After Court Tosses FTC Case\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 22:29 GMT+8 <a href=https://seekingalpha.com/article/4437058-facebook-500-stock-court-tosses-ftc-case><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nWins in court against the FTC and States clear up regulatory headwinds.\nSubstantial profits will grow throughout the year.\nFacebook may not have much to fear from future regulation either.\n\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4437058-facebook-500-stock-court-tosses-ftc-case\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4437058-facebook-500-stock-court-tosses-ftc-case","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165468426","content_text":"Summary\n\nWins in court against the FTC and States clear up regulatory headwinds.\nSubstantial profits will grow throughout the year.\nFacebook may not have much to fear from future regulation either.\n\nnaruecha jenthaisong/Moment via Getty Images\nI started analyzing Facebook (FB) last week and I was surprised how bullish my conclusions were about the company's prospects. With yesterday's wins in federal court, some potential headwinds around litigation are clearing up. I'm now quite bullish on the stock and I think the stock price could be over $500/share by the end of the year.\nFacebook scores two wins in court\nFacebook scored a significant legal and regulatory victory yesterday with wins in two cases in which they were sued by the Federal Trade Commission (FTC) and a number of states. Not only are they near-term wins for the company, and but also for reasons I'll discuss in the next section I think they also bode well for the company's future regulatory prospects.\nIn the first case, the Federal Trade Commission (\"FTC\") claimed Facebook had gained monopoly power first through its acquisitions of Instagram and WhatsApp and second through making them inoperable with other platforms. The FTC sued for an injunction that would force Facebook to reverse or unwind the acquisitions and make them open their platform to other programs.\nThe court held for Facebook and against the Federal Trade Commission(\"FTC\") on two important items and against Facebook on one. First, the court held that the FTC did not show that Facebook had monopoly power in the field of personal social networking by showing that it had more than 60% market share in that field. Second, the court found the FTC waited too long to seek an injunction against the company. But third, the Court thought it might be possible for the FTC to replead its case seeking an injunction against Facebook for anti-competitive conduct under a different legal standard (see pages 50-53).\nIn the second case,the court held even more strongly in favor of Facebook and dismissed the states' claims. The states also sued claiming that Facebook was using monopoly power to keep competitors out and that acquiring Instagram and WhatsApp created a monopoly. The court dismissed both claims saying that first, the states had waited too long to bring their suits and that second, there was nothing illegal under current law to require Facebook to make its services interoperable.\nLegally, we can expect a few things. First the states will probably appeal the dismissal of their suit. I don't see this as a big issue. Parties lose lawsuits all the time and they appeal all the time without changing the result. What happens to the FTC suit is much more interesting.\nAs noted above, while the judge dismissed the states' case, he kept the FTC case open and only dismissed their complaint (the active piece of paper in the lawsuit). He basically invited them to re-file the case under the different law he cited. The FTC has a few strategic choices to make at this point. First, they can appeal the decision to a higher court. Second, they can re-plead the case in the way the judge left open for them. Third, they can start to look for another option to regulate the company (such as passing another law or creating an administrative rule). Fourth, they can start negotiating with Facebook. I surmise they'll work on each of the above.\nNormally, losing a case has an impact on what I would call the \"atmosphere\" or \"momentum\" around an issue above and beyond the impact of this ruling in particular. So in most cases I would expect a federal agency to feel somewhat embarrassed or humbled and that could have an effect on their decision-making going forward. In this case, with a clear opening to re-plead the case and start over, they may not be as \"gun shy\" as one might expect.\nTo the third point,there are already a number of members of Congress who wanted to regulate tech companies such as Facebook, and a number of them arereacting to the court decisionsaying that it shows the need for new legislation. The Biden administration'snew FTC chairwoman Lina Khan has a reputation as a tech critic, but I haven't found anything about a plan of hers to regulate Facebook. So all-in-all, there is certainly some desire for a change in law but I can't see anything in the works that could be put into place in the very near term.\nFourth, litigants are always negotiating and it's entirely possible that Facebook has offered some kind of concessions already that we don't know about. I don't see that as a likely outcome here.\nFuture Regulation Shouldn't Worry Facebook\nBased on experience watching regulations change in Washington and my reading of the political tea leaves, I want to explain why I'm not concerned that regulation will hamper Facebook's business prospects.\nFirst and foremost, while most people think of regulation as a system for the government to keep companies from doing things the companies want to do, it's just as true that regulation carves out a space for companies to do lots of other things without fear of adverse legal consequences. Moreover, the regulations can often entrench incumbents by making compliance too expensive or burdensome for new competitors. This was probably the case with thewell-publicized FTC settlement with Herbalife(HLF) whose share price has basically doubled since its settlement five years ago:\nSource: Seeking Alpha\nRegulation building a moat to keep out competitors and ensure profits is also probably a good description of what's happened to tobacco companies such as Philip Morris (PM) and Altria (MO). What would it take for someone to start a new cigarette company? Doesn't seem likely to happen anytime soon. A third reason regulation often doesn't end up hurting profits is the phenomenon ofregulatory capturein which the regulator ends up in effect working for the company! So all this is to say that even if regulation is coming, it may not necessarily be all that bad.\nSecond, one of the most likely outcomes sought in litigation is divestiture or interoperability of Instagram and WhatsApp - and that may be fine for Facebook. I use WhatsApp every day (it's much more popular outside the US), and I also have other competing programs such as Telegram and Viber on my phone. The other two services seem fine, but no one I know uses them on a regular basis. Moreover, no one I know who uses WhatsApp does so because of a link to Facebook right now. (Facebook would like to link them through Messenger, though). It's possible that WhatsApp has already won the competition by being first, better capitalized or executing better. So WhatsApp spinning off from Facebook just might not make a difference to the businesses. If Facebook is forced to make its service interoperable, they might still be able to charge other companies a fee for using their assets and this really might not be a bad business move. I'm less familiar with Instagram and its competitors such as Snapchat (SNAP), but I think a similar conclusion is likely.\nThird, even though there are good reasons to regulate Facebook around concerns about itseffects on users' mental health,political extremismandmonopoly poweramong other things, I just don't see much happening because of how politics works. (For an interesting views on Facebook and its effects on users and society, seeZucked by Roger McNamee). Politics normally ends up serving the interests of the wealthy and powerful, and Facebook, its executives and shareholders are now wealthy and powerful. Facebook has proven effective inlobbying and managing government relations, and it is increasing its focus on these. Facebook may also have powerful allies in Amazon (AMZN), Apple (AAPL), Microsoft (MSFT) and other tech companies which could be wary of further regulations. Right now, a number of the most powerful people in Congress such as Speaker of the House Nancy Pelosi basically represent Silicon Valley which bodes well for Facebook's interests. Even in the event that Republicans take over one or both houses of Congress in the midterms, I don't believe that the recent trend of \"populism\" among many Republicans will overcome the party's core resistance to regulation and support for corporate America.\nSo if I had to make a prediction, it would be that Facebook ends up making some kind of concessions that don't affect operations or profitability but allow politicians and regulators to claim that they've accomplished something. This has the added benefit for Facebook of making it less likely that further reform might come in the future.\nFacebook's Recent Earnings are great\nEven in the Covid-19 effected year of 2020, Facebook's numbers are outstanding and in the most recent quarter they're even stronger. As you can see from this summary of results included in the company's Form 10-K for 2020, earnings and margins are strong and growing:\nSource: Facebook\nRevenue grew by almost $15 billion in each of the previous 4 years, and net income climbed higher and higher for every year except 2019, when its move to $29 billion in 2020 made up for what it lost the year before.\nIf all we had to go on were these backwards looking numbers, I would estimate the \"back of the envelope\" value this company by taking multiplying the most recent earnings of $29 billion by 33 for $957 billion and adding excess cash of $62 billion for a market capitalization of $1,019 billion $359/share. Likewise, I would say that valuing it at only 25x last year's earnings plus excess cash yields a valuation of $787 billion, would mean the company was undervalued at a price $277/share. But for the reasons I'll set out below, I think these numbers are too low.\nEstimating this year's earning - much, much higher\nIn the first quarter of 2021, Facebook earned almost $9.5 billion as you can see from this income statement in the most recent Form 10-Q:\nSource: Facebook\nIt's clear that the first quarter of 2020 had a dramatic reduction in business activity from Covid-19. It would be tough to say how much that effected customers in the first quarter of last year, making a direct comparison very difficult. In order to get a good guess what the strong first quarter means for Facebook, I want to compare the company's user statistics to quarterly profits and make some educated guesses.\nFacebook's earnings presentations give us a description of the monthly active users of all the company's products broken down by quarter:\nSource: Facebook\nAs well as revenue:\nSource: Facebook\nand net income:\nSource: Facebook\nLooking over these three charts we see that even though monthly average users grow consistently, there is some seasonality to the revenue and earnings.\nI've made my own spreadsheet of this information:\nSource: Author\nIn light of those numbers showing:\n(1) MAU grows every quarter, but\n(2) Revenue and Net Income change with the seasons,\nI'm willing to make some rough guesses about the rest of this year:\nSource: Author\nTo arrive at these estimate, I kept user growth constant and multiplied revenue by 1.44, 1.4 and 1.3 over its prior year. That's a guess, but I think that having been transparent about how I made my estimates, you can adjust that number up or down as you think best. To arrive at net income, I kept the net income/revenue ratio the same as it had been in the same quarter of the prior year. This captures some of the operating leverage and increasing returns to scale inherent in Facebook's business model.\nI estimated that the company would $9.5 plus $7.2 plus $11 plus $14.5 billion of net income this year, for a total of $42.2 billion. That's quite an improvement over last year's $29 billion!\nIf these estimates are reasonable and we assume the company increases cash on the balance sheet to $75 billion, at the not-too-optimistic multiple of 25x earnings for a growing company and including the excess cash, that means Facebook stock could be meaningfully undervalued at a market cap of $1,130 billion or $398/share. Because of the growth we see, I really don't think it's unreasonable to arrive at fair value with a 33x multiple on the stock for $1,461 billion or $526/share.\nGlobal Growth and New Products add upside\nThe estimates I used in the section above may be too low for two reasons. First, they're not accounting for the increasing returns on Facebook's growth outside the US. Facebook's growth inemerging markets such as Indiais extremely valuable because they have both a long runway for adding users, and the users themselves can be expected to become more profitable as GDP and consumption increase over time at rates faster than those in developed markets.\nFacebook is alsoexpanding rapidly into virtual reality. I don't have any way of estimating how big or how profitable this segment will be, but it's not unreasonable to think they'll have a lead in gaming and social segments and widespread adoption could lead to new kinds of unanticipated uses. For the last several years, spending on research and development has served to push the company's earnings down somewhat, but once they release a commercial product, we could begin to see the fruits of their labor.\nConclusion\nWith legal and regulatory challenges seeming less difficult and growing profitability, I am quite bullish on shares of Facebook. As always, a number of things could go wrong. If a new political environment becomes much more hostile to \"Big Tech\" or we see the emergence of a social movement to drop Facebook (I've tried to leave a few times myself!) that would depress earnings and change my thesis. At these prices and with this much growth on the horizon, I'm not concerned about those risks. As they say, \"we like the stock.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127899604,"gmtCreate":1624842198308,"gmtModify":1633948165373,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127899604","repostId":"1133201828","repostType":4,"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124612654,"gmtCreate":1624761978378,"gmtModify":1633948951507,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124612654","repostId":"2146036830","repostType":4,"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126239685,"gmtCreate":1624573999247,"gmtModify":1634004313295,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/126239685","repostId":"1198422658","repostType":4,"repost":{"id":"1198422658","kind":"news","pubTimestamp":1624533829,"share":"https://www.laohu8.com/m/news/1198422658?lang=&edition=full","pubTime":"2021-06-24 19:23","market":"us","language":"en","title":"Is Amazon Stock A Better Buy Than Apple Through 2025?","url":"https://stock-news.laohu8.com/highlight/detail?id=1198422658","media":"The Street","summary":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?At first glance, Apple -Get Report and Amazon -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.First, I find it hig","content":"<blockquote>\n Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n</blockquote>\n<p>At first glance, Apple (<b>AAPL</b>) -Get Report and Amazon (<b>AMZN</b>) -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.</p>\n<p>But the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?</p>\n<p><b>AAPL and AMZN: same valuation?</b></p>\n<p>The P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.</p>\n<p>Amazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.</p>\n<p>By 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:</p>\n<ul>\n <li><b>Amazon</b>: 2025 EPS of $172.30, for a P/E of<b>20.4</b>times</li>\n <li><b>Apple</b>: fiscal 2025 EPS of $6.30, for a P/E of<b>21.2</b>times</li>\n</ul>\n<p>Given enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.</p>\n<p><b>Which is the best bet?</b></p>\n<p>If Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.</p>\n<p>From the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.</p>\n<p>Clearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.</p>\n<p>First, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.</p>\n<p>This is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.</p>\n<p>Regarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.</p>\n<p>In addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.</p>\n<p><img src=\"https://static.tigerbbs.com/0e59ae6a459751303dfd48c45ae47f99\" tg-width=\"700\" tg-height=\"199\" referrerpolicy=\"no-referrer\"><i>Figure 2: AMZN gross margin vs. operating margin.</i></p>\n<p><i>Stock Rover</i></p>\n<p><b>Twitter speaks</b></p>\n<p>Fun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?</p>\n<p><img src=\"https://static.tigerbbs.com/e56ed880cf0d62550fc0ee752a46efff\" tg-width=\"568\" tg-height=\"471\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","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>Is Amazon Stock A Better Buy Than Apple Through 2025?</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\">\nIs Amazon Stock A Better Buy Than Apple Through 2025?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 19:23 GMT+8 <a href=https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/is-amazon-stock-a-better-buy-than-apple-through-2025","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198422658","content_text":"Amazon shares may seem much pricier than Apple today, but the valuation gap should narrow over time. With both stocks valued at 21 times 2025 earnings, which is a better buy today?\n\nAt first glance, Apple (AAPL) -Get Report and Amazon (AMZN) -Get Report stocks appeal to two distinct group of investors. The former, trading at 26 times current earnings, is a blend of value and growth, what some might call a GARP play. The latter, trading at 64 times EPS, is the highest growth of FAAMG names.\nBut the Amazon Maven has unearthed an interesting finding. Both AAPL and AMZN are worth almost the same, in P/E terms, if one were to look forward to 2025. At comparable valuations, which is a better buy-and-hold through the mid-2020s?\nAAPL and AMZN: same valuation?\nThe P/E multiple is a popular valuation metric that adds context to a stock’s market price. The numerator tends to be prior-year (trailing), current-year or next-year (forward) earnings per share.\nAmazon commands a higher multiple, among other reasons, because of the company’s more aggressive growth profile. Wall Street expects the e-commerce giant to increase EPS by a factor of four in the next five years. Apple, on the other hand, is project to “only” double earnings in the same period.\nBy 2025, this is what analysts expect of each company’s bottom line, and what the stock’s P/E would be if share prices remained unchanged:\n\nAmazon: 2025 EPS of $172.30, for a P/E of20.4times\nApple: fiscal 2025 EPS of $6.30, for a P/E of21.2times\n\nGiven enough time and assuming that current earnings projections are close enough to accurate, Amazon tends to become a less aggressively valued stock by the year. Maybe one day, in the not-too-distant future, shares could even start to look more appealing to value investors.\nWhich is the best bet?\nIf Amazon and Apple are valued at roughly the same 2025 P/E, one fair question to ask is: which stock might perform best in the next five years? I can use the earnings multiple as a guide to think through this question.\nFrom the P/E formula, one can derive the following: future stock price is determined by the company’s earnings delivered (the denominator “E”) and how much investors are willing to pay for those earnings (the valuation multiple). Therefore, in the Amazon vs. Apple race to 2025, whichever does best at delivering EPS above consensus and/or commanding a richer earnings multiple wins.\nClearly, this is open for debate since the future in uncertain. But I believe that Amazon stock has a better chance of producing higher gains than Apple through 2025.\nFirst, I find it highly unlikely that AMZN’s earnings multiple will converge from the 60s of today to the low 20s in 2025. This would only be feasible if the company’s growth opportunities dried out quickly, which I am not counting on. On the other hand, Apple’s P/E is more likely to stay around 20 to 25 times, given the more mature profile of the company relative to Amazon.\nThis is not to say that I expect Amazon’s P/E to expand from 64 times. The opposite is more likely to happen, as the company ages. But if the stock is valued at, say, 40 times EPS in 2025, Amazon would not even need to deliver results beyond expectations to see its stock price double in five years.\nRegarding consensus, I also think that Amazon can beat expectations by a wider margin than Apple could. The e-commerce giant has been more aggressive at investing back in the business. The green- and brown-field revenue growth opportunities in e-commerce and cloud seem better.\nIn addition, Amazon’s margins could expand substantially (see five-year trend below), if or once the company’s online retail business gets closer to maturity. Apple could also improve its margin profile but probably much less so, given how profitable the company already is.\nFigure 2: AMZN gross margin vs. operating margin.\nStock Rover\nTwitter speaks\nFun fact: Amazon and Apple stock trade at roughly the same 2025 P/E (i.e. 2025 earnings in the denominator) of around 21 times, even though AMZN seems much more expensive at today’s valuations. Which do you think will produce more gains in the next five years?","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151438964,"gmtCreate":1625101712758,"gmtModify":1633944808566,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"👍🏻","listText":"👍🏻","text":"👍🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/151438964","repostId":"1180832905","repostType":4,"isVote":1,"tweetType":1,"viewCount":581,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121772115,"gmtCreate":1624494183237,"gmtModify":1634005386194,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121772115","repostId":"1141692311","repostType":4,"repost":{"id":"1141692311","kind":"news","pubTimestamp":1624446630,"share":"https://www.laohu8.com/m/news/1141692311?lang=&edition=full","pubTime":"2021-06-23 19:10","market":"us","language":"en","title":"Amazon Stock Nears All-Time Highs: What To Do Next","url":"https://stock-news.laohu8.com/highlight/detail?id=1141692311","media":"The Street","summary":"Amazon stock is flirting with all-time highs, after nearly 10 months underwater. Here is what invest","content":"<blockquote>\n <b>Amazon stock is flirting with all-time highs, after nearly 10 months underwater. Here is what investors should consider before buying or selling shares near peak price.</b>\n</blockquote>\n<p>It has been 293 calendar days – and still counting, for now. Amazon stock (AMZN) has not been able to reach all-time highs since early September 2020, butthe spell is about to be broken. Shares ended the June 22 session priced at $3,505, only 0.7% below the $3,531 peak of nearly 10 months ago.</p>\n<p>With the milestone within sight, the Amazon Maven discusses what investors should do now: buy AMZN on momentum, or stay away on ramping valuations?</p>\n<p><b>The bearish view</b></p>\n<p>There are a few reasons for investors to be wary of Amazon at current levels. From a price perspective, the nearly 10% rally of the past two weeks is tied for the sharpest gain since July 2020. Those who did not buy AMZN below $3,200 only a few days ago may have passed on a decent upside opportunity.</p>\n<p>On a related subject, Amazon shares havehistorically performed more poorly than averagein the month following Prime Day – the likely result of “sell the news” pressures. Since shares have climbed so far in the days leading to the June event, the headwinds could be even more pronounced this year.</p>\n<p>From a business fundamentals perspective, Amazon remains in thecrosshairs of the government on matters of antitrust. The company is at risk of being more heavily regulated, and bearish developments on new antitrust legislation could surface at any moment.</p>\n<p>Lastly, Amazon shares have enjoyed the highly favorable macroeconomic and market environment of today: a recovery leading to strength in e-commerce, coupled withdeclining rates that are bullishfor the stock andstable asset prices. It is unclear, however, how much longer this period of calm will last.</p>\n<p><b>Thinking long-term</b></p>\n<p>Having said the above, there are at least as many reasons to buy Amazon stock today, even near a historical peak. First, valuations can be misleading at first glance. Despite share price having risen quite a bit lately, current-year P/E remains largely flat versus the end of Q1.</p>\n<p>AMZN currently trades at a current-year earnings multiple of 65.8 times. As of March 31, the multiple was only a bit lower, at nearly 64 times. The “catch”: earnings projections for 2021 have increased almost as fast as the stock price, keeping valuations largely stable.</p>\n<p>Take a step back and notice how multiples have, in fact, compressed in the past 12 months. The graph below shows that all major valuation metrics look more compelling now than they did in June 2020 – by quite a bit, in most cases.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4a51064cda4b7966d09c743aba43c5a6\" tg-width=\"700\" tg-height=\"361\" referrerpolicy=\"no-referrer\"><span>Figure 2: AMZN historical valuation multiples. Alpha Spread</span></p>\n<p>Then, there are the undeniable secular trends that are highly favorable to Amazon. It all starts withan e-commerce business that is on fire in the US, and that has yet to catch on more meaningfully abroad. In addition, Amazon will likely be a key beneficiary of the ongoing transition to cloud through AWS.</p>\n<p>The two bullish arguments above can be combined into one “theory of everything” that supports a buy of Amazon stock today. Should the cloud and e-commerce giant grow earnings at the expected pace, and assuming today’s share price, AMZN will trade at a very depressed P/E of 20 times 2025 EPS.</p>\n<p>Unless Amazon gives up its position of leadership in cloud and retail in the next few years, this looks like quite an investment opportunity.</p>\n<p><b>The Amazon Maven’s verdict</b></p>\n<p>I have presented above both sides of the argument without clearly picking one of them. This is by design: I believe that Amazon stock could very well ebb and flow in the short term, possibly resisting to climbing much further from the most recent peak.</p>\n<p>However, I also think that long-term investors are more likely to benefit from buying AMZN today – provided that they hang on to their position for at least a few years to ride out any potential short-term drag to share price.</p>\n<p><b>Twitter speaks</b></p>\n<p>Amazon stock is inches away from reaching all-time highs once again, nearly 10 months after the previous peak. What is the best course of action from here?</p>\n<p><img src=\"https://static.tigerbbs.com/adb107b4e2073a678ffb8349f1204ad0\" tg-width=\"570\" tg-height=\"390\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1610613172068","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Amazon Stock Nears All-Time Highs: What To Do Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAmazon Stock Nears All-Time Highs: What To Do Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 19:10 GMT+8 <a href=https://www.thestreet.com/amazon/stock/amazon-stock-nears-all-time-highs-what-to-do-next><strong>The Street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon stock is flirting with all-time highs, after nearly 10 months underwater. Here is what investors should consider before buying or selling shares near peak price.\n\nIt has been 293 calendar days ...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amazon-stock-nears-all-time-highs-what-to-do-next\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amazon-stock-nears-all-time-highs-what-to-do-next","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141692311","content_text":"Amazon stock is flirting with all-time highs, after nearly 10 months underwater. Here is what investors should consider before buying or selling shares near peak price.\n\nIt has been 293 calendar days – and still counting, for now. Amazon stock (AMZN) has not been able to reach all-time highs since early September 2020, butthe spell is about to be broken. Shares ended the June 22 session priced at $3,505, only 0.7% below the $3,531 peak of nearly 10 months ago.\nWith the milestone within sight, the Amazon Maven discusses what investors should do now: buy AMZN on momentum, or stay away on ramping valuations?\nThe bearish view\nThere are a few reasons for investors to be wary of Amazon at current levels. From a price perspective, the nearly 10% rally of the past two weeks is tied for the sharpest gain since July 2020. Those who did not buy AMZN below $3,200 only a few days ago may have passed on a decent upside opportunity.\nOn a related subject, Amazon shares havehistorically performed more poorly than averagein the month following Prime Day – the likely result of “sell the news” pressures. Since shares have climbed so far in the days leading to the June event, the headwinds could be even more pronounced this year.\nFrom a business fundamentals perspective, Amazon remains in thecrosshairs of the government on matters of antitrust. The company is at risk of being more heavily regulated, and bearish developments on new antitrust legislation could surface at any moment.\nLastly, Amazon shares have enjoyed the highly favorable macroeconomic and market environment of today: a recovery leading to strength in e-commerce, coupled withdeclining rates that are bullishfor the stock andstable asset prices. It is unclear, however, how much longer this period of calm will last.\nThinking long-term\nHaving said the above, there are at least as many reasons to buy Amazon stock today, even near a historical peak. First, valuations can be misleading at first glance. Despite share price having risen quite a bit lately, current-year P/E remains largely flat versus the end of Q1.\nAMZN currently trades at a current-year earnings multiple of 65.8 times. As of March 31, the multiple was only a bit lower, at nearly 64 times. The “catch”: earnings projections for 2021 have increased almost as fast as the stock price, keeping valuations largely stable.\nTake a step back and notice how multiples have, in fact, compressed in the past 12 months. The graph below shows that all major valuation metrics look more compelling now than they did in June 2020 – by quite a bit, in most cases.\nFigure 2: AMZN historical valuation multiples. Alpha Spread\nThen, there are the undeniable secular trends that are highly favorable to Amazon. It all starts withan e-commerce business that is on fire in the US, and that has yet to catch on more meaningfully abroad. In addition, Amazon will likely be a key beneficiary of the ongoing transition to cloud through AWS.\nThe two bullish arguments above can be combined into one “theory of everything” that supports a buy of Amazon stock today. Should the cloud and e-commerce giant grow earnings at the expected pace, and assuming today’s share price, AMZN will trade at a very depressed P/E of 20 times 2025 EPS.\nUnless Amazon gives up its position of leadership in cloud and retail in the next few years, this looks like quite an investment opportunity.\nThe Amazon Maven’s verdict\nI have presented above both sides of the argument without clearly picking one of them. This is by design: I believe that Amazon stock could very well ebb and flow in the short term, possibly resisting to climbing much further from the most recent peak.\nHowever, I also think that long-term investors are more likely to benefit from buying AMZN today – provided that they hang on to their position for at least a few years to ride out any potential short-term drag to share price.\nTwitter speaks\nAmazon stock is inches away from reaching all-time highs once again, nearly 10 months after the previous peak. What is the best course of action from here?","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121747554,"gmtCreate":1624493936178,"gmtModify":1634005392428,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/121747554","repostId":"1155993250","repostType":4,"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120610408,"gmtCreate":1624321211404,"gmtModify":1634007908829,"author":{"id":"3573607624680107","authorId":"3573607624680107","name":"Pucca","avatar":"https://static.tigerbbs.com/6510a058b78ce450b7e84382483e0a42","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573607624680107","authorIdStr":"3573607624680107"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120610408","repostId":"2145084003","repostType":4,"repost":{"id":"2145084003","kind":"news","pubTimestamp":1624278720,"share":"https://www.laohu8.com/m/news/2145084003?lang=&edition=full","pubTime":"2021-06-21 20:32","market":"us","language":"en","title":"If Amazon Prime Day comes back in the fall, it could be a sales win for Amazon: analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2145084003","media":"Yahoo Finance","summary":"If Amazon (AMZN) pulls the trigger on a second Prime Day in the fall, it could haul in some major sa","content":"<p>If Amazon (AMZN) pulls the trigger on a second Prime Day in the fall, it could haul in some major sales for the tech beast.</p>\n<p>Jefferies analyst Brent Thill estimated in a new research note Monday that Amazon could ring up $11.1 billion in gross merchandise value (GMV) and $8.1 billion in sales if the company has another Prime Day during the holiday shopping season. Thill cites media reports for modeling out the top line potential of a second Prime Day for Amazon.</p>\n<p>Under this dual Prime Day scenario, Amazon would register an eye-popping $20.6 billion in gross merchandise value and $14.9 billion in sales.</p>\n<p>The two-day Amazon Prime Day kicked off on Monday for Prime members in 22 countries with numerous deals on the online retailer's website. This year's event is four months earlier than last year's as Amazon moved the event to October in light of the COVID-19 pandemic.</p>\n<p>Thill estimates Amazon generated $10 billion in GMV last year.</p>\n<p>The analyst maintained his Buy rating on Amazon's stock and $4,200 price target, representing about 20% from current price levels.</p>\n<p>\"Amazon trades at a ~10% discount to its historical average EV/EBITDA multiple, despite a fundamental outlook that is arguably better than ever given behavioral changes incited by the pandemic that have resulted in a permanent increase in e-commerce adoption. We also see attractive growth at AWS and advertising, Amazon's two highest margin businesses, serving to more than offset any near-term slowdown in core retail resulting from difficult comparisons,\" Thill says.</p>\n<p>A strong Prime Day this month would go a long way to reigniting Amazon's stock.</p>\n<p>Amazon shares are up 7.1% year-to-date, underperforming the Nasdaq Composite's 9% gain. Pros have suggested the stock is being pressured a bit ahead of founder and CEO Jeff Bezos stepping down as the tech giant's leader on July 5.</p>\n<p>Taking his place will be long-time right hand man Andy Jassy, currently CEO of Amazon Web Services. Jassy joined after Amazon’s IPO in 1997 and has built the AWS business up from the ground floor over nearly two decades.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>If Amazon Prime Day comes back in the fall, it could be a sales win for Amazon: analyst</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\">\nIf Amazon Prime Day comes back in the fall, it could be a sales win for Amazon: analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 20:32 GMT+8 <a href=https://finance.yahoo.com/news/if-amazon-prime-day-comes-back-in-the-fall-it-could-be-a-sales-win-for-amazon-analyst-110029587.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If Amazon (AMZN) pulls the trigger on a second Prime Day in the fall, it could haul in some major sales for the tech beast.\nJefferies analyst Brent Thill estimated in a new research note Monday that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/if-amazon-prime-day-comes-back-in-the-fall-it-could-be-a-sales-win-for-amazon-analyst-110029587.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BJ":"BJ批发俱乐部","M":"梅西百货","AMZN":"亚马逊","DKS":"迪克体育用品","WMT":"沃尔玛","COST":"好市多","TGT":"塔吉特"},"source_url":"https://finance.yahoo.com/news/if-amazon-prime-day-comes-back-in-the-fall-it-could-be-a-sales-win-for-amazon-analyst-110029587.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145084003","content_text":"If Amazon (AMZN) pulls the trigger on a second Prime Day in the fall, it could haul in some major sales for the tech beast.\nJefferies analyst Brent Thill estimated in a new research note Monday that Amazon could ring up $11.1 billion in gross merchandise value (GMV) and $8.1 billion in sales if the company has another Prime Day during the holiday shopping season. Thill cites media reports for modeling out the top line potential of a second Prime Day for Amazon.\nUnder this dual Prime Day scenario, Amazon would register an eye-popping $20.6 billion in gross merchandise value and $14.9 billion in sales.\nThe two-day Amazon Prime Day kicked off on Monday for Prime members in 22 countries with numerous deals on the online retailer's website. This year's event is four months earlier than last year's as Amazon moved the event to October in light of the COVID-19 pandemic.\nThill estimates Amazon generated $10 billion in GMV last year.\nThe analyst maintained his Buy rating on Amazon's stock and $4,200 price target, representing about 20% from current price levels.\n\"Amazon trades at a ~10% discount to its historical average EV/EBITDA multiple, despite a fundamental outlook that is arguably better than ever given behavioral changes incited by the pandemic that have resulted in a permanent increase in e-commerce adoption. We also see attractive growth at AWS and advertising, Amazon's two highest margin businesses, serving to more than offset any near-term slowdown in core retail resulting from difficult comparisons,\" Thill says.\nA strong Prime Day this month would go a long way to reigniting Amazon's stock.\nAmazon shares are up 7.1% year-to-date, underperforming the Nasdaq Composite's 9% gain. Pros have suggested the stock is being pressured a bit ahead of founder and CEO Jeff Bezos stepping down as the tech giant's leader on July 5.\nTaking his place will be long-time right hand man Andy Jassy, currently CEO of Amazon Web Services. Jassy joined after Amazon’s IPO in 1997 and has built the AWS business up from the ground floor over nearly two decades.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}