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2021-06-23

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2021-06-19

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2021-06-19

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Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet

2021-06-19

Huat ah

Adobe Getting Lift From Economic Reopening Post-Pandemic

2021-06-18

杀杀杀

JPMorgan Chase buys UK robo-adviser Nutmeg

2021-06-14

Wow such cool

Recon Technology Announces Pricing Of $55 Mln Registered Direct Offering

2021-06-14

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Lordstown shares tumbled nearly 20% in moring trading

2021-06-14

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Novavax Stock Yo-Yos After Biotech Says Covid Vaccine Protects Against Variants

2021-06-14

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Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia's $40 billion acquisition

2021-06-14

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2021-04-30

Suk my dik faggitt pltr to the moon

Palantir Technologies: Valuing A Company Of No Profitability

2021-02-24

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Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500

2021-02-10

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Baidu in talks to raise money for a standalone A.I. chip company

2021-02-09

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2021-02-08

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2021-02-06

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Performance of funds invested in GameStop in past two weeks

2021-02-02

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Ryanair expects a loss of over $1 billion this year as travel restrictions bite

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ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162326896","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162328105,"gmtCreate":1624035470907,"gmtModify":1634023703443,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"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/162328105","repostId":"1103331073","repostType":4,"repost":{"id":"1103331073","kind":"news","pubTimestamp":1624029560,"share":"https://www.laohu8.com/m/news/1103331073?lang=&edition=full","pubTime":"2021-06-18 23:19","market":"fut","language":"en","title":"Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=1103331073","media":"bloomberg","summary":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on ","content":"<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.</p>\n<p>Vast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.</p>\n<p>While that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.</p>\n<p>Either way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.</p>\n<p><img src=\"https://static.tigerbbs.com/98efbaaf8487a164efed6c727959a5c7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”</p>\n<p>Copper</p>\n<p>Theyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.</p>\n<p>Bulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.</p>\n<p><img src=\"https://static.tigerbbs.com/745940226f45fbf407b0a9ea989a0be7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Iron Ore</p>\n<p>It might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.</p>\n<p>Both bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.</p>\n<p><img src=\"https://static.tigerbbs.com/a6d580e34388bde0a0fb1107839fb589\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Agriculture</p>\n<p>Showers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e23a5f18610ffc4fb2d6982a70a67f4\" tg-width=\"1000\" tg-height=\"692\" referrerpolicy=\"no-referrer\"><span>Showers are set to span the U.S. Corn Belt on Saturday</span></p>\n<p>It’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.</p>\n<p>Oil</p>\n<p>Focus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.</p>\n<p>For now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.</p>\n<p>Gold</p>\n<p>Bullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.</p>\n<p><img src=\"https://static.tigerbbs.com/06544f6db5b2c483c4ee6c03141f9d21\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Although the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet</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\">\nCommodities Bulls Nurse Their Wounds But Fight’s Not Over Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet\">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.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103331073","content_text":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.\nWhile that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.\nEither way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.\n\n“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”\nCopper\nTheyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.\nBulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.\nIron Ore\nIt might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.\nBoth bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.\nAgriculture\nShowers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.\nShowers are set to span the U.S. Corn Belt on Saturday\nIt’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.\nOil\nFocus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.\nFor now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.\nGold\nBullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.\n\nAlthough the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162323794,"gmtCreate":1624035401918,"gmtModify":1634023704505,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/162323794","repostId":"2144774740","repostType":4,"repost":{"id":"2144774740","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1624030096,"share":"https://www.laohu8.com/m/news/2144774740?lang=&edition=full","pubTime":"2021-06-18 23:28","market":"us","language":"en","title":"Adobe Getting Lift From Economic Reopening Post-Pandemic","url":"https://stock-news.laohu8.com/highlight/detail?id=2144774740","media":"Investors","summary":"Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.","content":"<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p>\n<p>The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p>\n<p>The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p>\n<p>For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p>\n<h2>ADBE Stock Rises After Earnings Report</h2>\n<p>In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p>\n<p>\"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p>\n<p>That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p>\n<p>\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p>\n<p>The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p>\n<h2>Analysts Raise Price Targets On Adobe Stock</h2>\n<p>At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p>\n<p>Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p>\n<p>\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p>\n<p>On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p>\n<p>However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</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>Adobe Getting Lift From Economic Reopening Post-Pandemic</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\">\nAdobe Getting Lift From Economic Reopening Post-Pandemic\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-06-18 23:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p>\n<p>The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p>\n<p>The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p>\n<p>For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p>\n<h2>ADBE Stock Rises After Earnings Report</h2>\n<p>In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p>\n<p>\"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p>\n<p>That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p>\n<p>\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p>\n<p>The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p>\n<h2>Analysts Raise Price Targets On Adobe Stock</h2>\n<p>At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p>\n<p>Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p>\n<p>\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p>\n<p>On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p>\n<p>However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144774740","content_text":"Software giant Adobe is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.\nThe maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.\nThe San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.\nFor the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.\nADBE Stock Rises After Earnings Report\nIn morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.\n\"All three of our businesses — Creative Cloud, Document Cloud and Experience Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"\nThat momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.\n\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"\nThe reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.\nAnalysts Raise Price Targets On Adobe Stock\nAt least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.\nMizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.\n\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"\nOn June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.\nHowever, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168116413,"gmtCreate":1623964660632,"gmtModify":1634025246099,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"杀杀杀","listText":"杀杀杀","text":"杀杀杀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/168116413","repostId":"2144156742","repostType":4,"repost":{"id":"2144156742","kind":"news","pubTimestamp":1623942751,"share":"https://www.laohu8.com/m/news/2144156742?lang=&edition=full","pubTime":"2021-06-17 23:12","market":"sg","language":"en","title":"JPMorgan Chase buys UK robo-adviser Nutmeg","url":"https://stock-news.laohu8.com/highlight/detail?id=2144156742","media":"CNA","summary":"LONDON:     JPMorgan Chase has acquired Britain's biggest robo-adviser firm Nutmeg, as the U.S. giant gears up for a big retail expansion push in the UK.\n\nNutmeg - which has more than 140,000 clients and over 3.5 billion pounds (US$4.89 billion) of assets under management - will be the bedrock of ...","content":"<p>LONDON: JPMorgan Chase has acquired Britain's biggest robo-adviser firm Nutmeg, as the U.S. giant gears up for a big retail expansion push in the UK.</p>\n<p>Nutmeg - which has more than 140,000 clients and over 3.5 billion pounds (US$4.89 billion) of assets under management - will be the bedrock of JPMorgan Chase's retail digital wealth management offering internationally, Nutmeg said in a statement on its website on Thursday.</p>","source":"can_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>JPMorgan Chase buys UK robo-adviser Nutmeg</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\">\nJPMorgan Chase buys UK robo-adviser Nutmeg\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 23:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.channelnewsasia.com/news/business/jpmorgan-chase-buys-uk-robo-adviser-nutmeg-15034212><strong>CNA</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>LONDON: JPMorgan Chase has acquired Britain's biggest robo-adviser firm Nutmeg, as the U.S. giant gears up for a big retail expansion push in the UK.\nNutmeg - which has more than 140,000 clients and ...</p>\n\n<a href=\"https://www.channelnewsasia.com/news/business/jpmorgan-chase-buys-uk-robo-adviser-nutmeg-15034212\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCF":"Chase Corp","JPM":"摩根大通"},"source_url":"https://www.channelnewsasia.com/news/business/jpmorgan-chase-buys-uk-robo-adviser-nutmeg-15034212","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144156742","content_text":"LONDON: JPMorgan Chase has acquired Britain's biggest robo-adviser firm Nutmeg, as the U.S. giant gears up for a big retail expansion push in the UK.\nNutmeg - which has more than 140,000 clients and over 3.5 billion pounds (US$4.89 billion) of assets under management - will be the bedrock of JPMorgan Chase's retail digital wealth management offering internationally, Nutmeg said in a statement on its website on Thursday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":184992134,"gmtCreate":1623679991928,"gmtModify":1634030173734,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184992134","repostId":"2143787703","repostType":4,"repost":{"id":"2143787703","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1623678327,"share":"https://www.laohu8.com/m/news/2143787703?lang=&edition=full","pubTime":"2021-06-14 21:45","market":"us","language":"en","title":"Recon Technology Announces Pricing Of $55 Mln Registered Direct Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2143787703","media":"T-Reuters","summary":"Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.","content":"<p>Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.Recon Technology - Agreed To Sell 8.8 Million Class A Ordinary Shares Or Pre-Funded Warrants In Lieu Thereof.Recon Technology Ltd - Agreed To Sell Warrants To Purchase Up To 8.8 Million Class A Ordinary Shares In A Concurrent Private Placement Transaction.</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>Recon Technology Announces Pricing Of $55 Mln Registered Direct Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nRecon Technology Announces Pricing Of $55 Mln Registered Direct Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-06-14 21:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.Recon Technology - Agreed To Sell 8.8 Million Class A Ordinary Shares Or Pre-Funded Warrants In Lieu Thereof.Recon Technology Ltd - Agreed To Sell Warrants To Purchase Up To 8.8 Million Class A Ordinary Shares In A Concurrent Private Placement Transaction.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RCON":"研控科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143787703","content_text":"Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.Recon Technology - Agreed To Sell 8.8 Million Class A Ordinary Shares Or Pre-Funded Warrants In Lieu Thereof.Recon Technology Ltd - Agreed To Sell Warrants To Purchase Up To 8.8 Million Class A Ordinary Shares In A Concurrent Private Placement Transaction.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184996552,"gmtCreate":1623679980976,"gmtModify":1634030174183,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184996552","repostId":"1135770375","repostType":4,"repost":{"id":"1135770375","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1623678372,"share":"https://www.laohu8.com/m/news/1135770375?lang=&edition=full","pubTime":"2021-06-14 21:46","market":"us","language":"en","title":"Lordstown shares tumbled nearly 20% in moring trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1135770375","media":"Tiger Newspress","summary":"Lordstown shares tumbled nearly 20% in moring trading.\n\nElectric-vehicle maker Lordstown Motors Corp","content":"<p>Lordstown&nbsp;shares&nbsp;tumbled&nbsp;nearly&nbsp;20%&nbsp;in&nbsp;moring&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/71ab214ec35da9043a3ec41746785e3f\" tg-width=\"800\" tg-height=\"625\" referrerpolicy=\"no-referrer\"></p>\n<p>Electric-vehicle maker <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> announced the abrupt departure of its two top executives as it attempts to transition from research and development into commercial production of its first model.</p>\n<p>The startup said in a statement Monday that Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the company, effective immediately.</p>\n<p>It is the latest setback for the company, which warned last week it might not have enough cash to fund development of its first truck or even survive the next 12 months if it can’t raise more capital. In March, the startup disclosed a Securities and Exchange Commission probe of its operations after a short seller said its technology was flawed and that pre-orders for its truck were nonbinding.</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>Lordstown shares tumbled nearly 20% in moring trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown shares tumbled nearly 20% in moring trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-14 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lordstown&nbsp;shares&nbsp;tumbled&nbsp;nearly&nbsp;20%&nbsp;in&nbsp;moring&nbsp;trading.</p>\n<p><img src=\"https://static.tigerbbs.com/71ab214ec35da9043a3ec41746785e3f\" tg-width=\"800\" tg-height=\"625\" referrerpolicy=\"no-referrer\"></p>\n<p>Electric-vehicle maker <a href=\"https://laohu8.com/S/RIDE\">Lordstown Motors Corp.</a> announced the abrupt departure of its two top executives as it attempts to transition from research and development into commercial production of its first model.</p>\n<p>The startup said in a statement Monday that Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the company, effective immediately.</p>\n<p>It is the latest setback for the company, which warned last week it might not have enough cash to fund development of its first truck or even survive the next 12 months if it can’t raise more capital. In March, the startup disclosed a Securities and Exchange Commission probe of its operations after a short seller said its technology was flawed and that pre-orders for its truck were nonbinding.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135770375","content_text":"Lordstown shares tumbled nearly 20% in moring trading.\n\nElectric-vehicle maker Lordstown Motors Corp. announced the abrupt departure of its two top executives as it attempts to transition from research and development into commercial production of its first model.\nThe startup said in a statement Monday that Chief Executive Officer Steve Burns and Chief Financial Officer Julio Rodriguez have resigned from the company, effective immediately.\nIt is the latest setback for the company, which warned last week it might not have enough cash to fund development of its first truck or even survive the next 12 months if it can’t raise more capital. In March, the startup disclosed a Securities and Exchange Commission probe of its operations after a short seller said its technology was flawed and that pre-orders for its truck were nonbinding.","news_type":1},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184996073,"gmtCreate":1623679959392,"gmtModify":1634030174669,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184996073","repostId":"2143780519","repostType":4,"repost":{"id":"2143780519","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1623679234,"share":"https://www.laohu8.com/m/news/2143780519?lang=&edition=full","pubTime":"2021-06-14 22:00","market":"us","language":"en","title":"Novavax Stock Yo-Yos After Biotech Says Covid Vaccine Protects Against Variants","url":"https://stock-news.laohu8.com/highlight/detail?id=2143780519","media":"Investors","summary":"Novavax said Monday its Covid vaccine was more than 93% protective against troublesome variants in final-phase testing.","content":"<p><b>Novavax</b> said Monday its Covid vaccine was more than 93% protective against troublesome variants in final-phase testing. But NVAX stock yo-yoed on the news.</p>\n<p>The study took place in the U.S. and Mexico, and sets Novavax up to request authorization for its coronavirus vaccine in the U.S. Novavax has already begun rolling reviews in Canada, Australia, New Zealand, the U.K. and Europe.</p>\n<p>\"Novavax continues to work with a sense of urgency to complete our regulatory submissions and deliver this vaccine, built on a well understood and proven platform, to a world that is still in great need of vaccines,\" Chief Executive Stanley Erck said in a written statement.</p>\n<p>In morning trading on the stock market today, NVAX stock jumped as high as 9.4%. But shares were down a fraction near 209.70 in recent action.</p>\n<h2>NVAX Stock Yo-Yoes On Vaccine Test</h2>\n<p>Overall, Novavax said its vaccine was 90.4% effective. That was based on a test of 29,960 people at 119 sites in the U.S. and Mexico. There were 77 cases of Covid among study participants, with 63 in the placebo group and 14 in the vaccine group. Cases in the vaccine group were mild.</p>\n<p>There were 10 moderate and four severe cases, all of which occurred in the placebo group. That means the vaccine was 100% protective against moderate and severe Covid-19. Novavax noted all hospitalizations and deaths occurred in the placebo group.</p>\n<p>Further, the vaccine was 91% effective in people at high risk of severe disease.</p>\n<p>NVAX stock initially rose to its highest point in a month.</p>\n<h2>Protective Against Variants</h2>\n<p>Novavax sequenced 54 out of the 77 positive Covid cases. Of those, 35 were \"variants of concern,\" which includes mutations first discovered in the U.K., South Africa, Japan/Brazil and California. Another 17 were \"variants of interest.\" The vaccine was 93.2% protective against these.</p>\n<p>Another 10 were other variants. All of these occurred in the placebo group.</p>\n<p>Bullishly for NVAX stock, the vaccine was generally well tolerated. This is key as U.S. officials look into a heart condition possibly tied to vaccines from Pfizer and Moderna, and after Johnson &amp; Johnson's vaccine was temporarily suspended due to blood clots.</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>Novavax Stock Yo-Yos After Biotech Says Covid Vaccine Protects Against Variants</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\">\nNovavax Stock Yo-Yos After Biotech Says Covid Vaccine Protects Against Variants\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-06-14 22:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Novavax</b> said Monday its Covid vaccine was more than 93% protective against troublesome variants in final-phase testing. But NVAX stock yo-yoed on the news.</p>\n<p>The study took place in the U.S. and Mexico, and sets Novavax up to request authorization for its coronavirus vaccine in the U.S. Novavax has already begun rolling reviews in Canada, Australia, New Zealand, the U.K. and Europe.</p>\n<p>\"Novavax continues to work with a sense of urgency to complete our regulatory submissions and deliver this vaccine, built on a well understood and proven platform, to a world that is still in great need of vaccines,\" Chief Executive Stanley Erck said in a written statement.</p>\n<p>In morning trading on the stock market today, NVAX stock jumped as high as 9.4%. But shares were down a fraction near 209.70 in recent action.</p>\n<h2>NVAX Stock Yo-Yoes On Vaccine Test</h2>\n<p>Overall, Novavax said its vaccine was 90.4% effective. That was based on a test of 29,960 people at 119 sites in the U.S. and Mexico. There were 77 cases of Covid among study participants, with 63 in the placebo group and 14 in the vaccine group. Cases in the vaccine group were mild.</p>\n<p>There were 10 moderate and four severe cases, all of which occurred in the placebo group. That means the vaccine was 100% protective against moderate and severe Covid-19. Novavax noted all hospitalizations and deaths occurred in the placebo group.</p>\n<p>Further, the vaccine was 91% effective in people at high risk of severe disease.</p>\n<p>NVAX stock initially rose to its highest point in a month.</p>\n<h2>Protective Against Variants</h2>\n<p>Novavax sequenced 54 out of the 77 positive Covid cases. Of those, 35 were \"variants of concern,\" which includes mutations first discovered in the U.K., South Africa, Japan/Brazil and California. Another 17 were \"variants of interest.\" The vaccine was 93.2% protective against these.</p>\n<p>Another 10 were other variants. All of these occurred in the placebo group.</p>\n<p>Bullishly for NVAX stock, the vaccine was generally well tolerated. This is key as U.S. officials look into a heart condition possibly tied to vaccines from Pfizer and Moderna, and after Johnson &amp; Johnson's vaccine was temporarily suspended due to blood clots.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVAX":"诺瓦瓦克斯医药"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143780519","content_text":"Novavax said Monday its Covid vaccine was more than 93% protective against troublesome variants in final-phase testing. But NVAX stock yo-yoed on the news.\nThe study took place in the U.S. and Mexico, and sets Novavax up to request authorization for its coronavirus vaccine in the U.S. Novavax has already begun rolling reviews in Canada, Australia, New Zealand, the U.K. and Europe.\n\"Novavax continues to work with a sense of urgency to complete our regulatory submissions and deliver this vaccine, built on a well understood and proven platform, to a world that is still in great need of vaccines,\" Chief Executive Stanley Erck said in a written statement.\nIn morning trading on the stock market today, NVAX stock jumped as high as 9.4%. But shares were down a fraction near 209.70 in recent action.\nNVAX Stock Yo-Yoes On Vaccine Test\nOverall, Novavax said its vaccine was 90.4% effective. That was based on a test of 29,960 people at 119 sites in the U.S. and Mexico. There were 77 cases of Covid among study participants, with 63 in the placebo group and 14 in the vaccine group. Cases in the vaccine group were mild.\nThere were 10 moderate and four severe cases, all of which occurred in the placebo group. That means the vaccine was 100% protective against moderate and severe Covid-19. Novavax noted all hospitalizations and deaths occurred in the placebo group.\nFurther, the vaccine was 91% effective in people at high risk of severe disease.\nNVAX stock initially rose to its highest point in a month.\nProtective Against Variants\nNovavax sequenced 54 out of the 77 positive Covid cases. Of those, 35 were \"variants of concern,\" which includes mutations first discovered in the U.K., South Africa, Japan/Brazil and California. Another 17 were \"variants of interest.\" The vaccine was 93.2% protective against these.\nAnother 10 were other variants. All of these occurred in the placebo group.\nBullishly for NVAX stock, the vaccine was generally well tolerated. This is key as U.S. officials look into a heart condition possibly tied to vaccines from Pfizer and Moderna, and after Johnson & Johnson's vaccine was temporarily suspended due to blood clots.","news_type":1},"isVote":1,"tweetType":1,"viewCount":209,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184998095,"gmtCreate":1623679947017,"gmtModify":1634030175601,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184998095","repostId":"1114455344","repostType":4,"repost":{"id":"1114455344","kind":"news","pubTimestamp":1623679682,"share":"https://www.laohu8.com/m/news/1114455344?lang=&edition=full","pubTime":"2021-06-14 22:08","market":"us","language":"en","title":"Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia's $40 billion acquisition","url":"https://stock-news.laohu8.com/highlight/detail?id=1114455344","media":"cnbc","summary":"U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if","content":"<div>\n<p>U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s $40 billion sale to Nvidiais blocked by regulators, according toThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/14/qualcomm-offers-to-invest-in-arm-as-regulators-threaten-nvidia-deal.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>Qualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia's $40 billion acquisition</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; 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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\">\nQualcomm reportedly offers to invest in Arm as regulators threaten to block Nvidia's $40 billion acquisition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 22:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/14/qualcomm-offers-to-invest-in-arm-as-regulators-threaten-nvidia-deal.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s $40 billion sale to Nvidiais blocked by regulators, according toThe ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/14/qualcomm-offers-to-invest-in-arm-as-regulators-threaten-nvidia-deal.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QCOM":"高通","NVDA":"英伟达"},"source_url":"https://www.cnbc.com/2021/06/14/qualcomm-offers-to-invest-in-arm-as-regulators-threaten-nvidia-deal.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1114455344","content_text":"U.S. chip goliath Qualcomm has said it is open to the idea of investing in U.K. chip designer Arm if the company’s $40 billion sale to Nvidiais blocked by regulators, according toThe Telegraphnewspaper.\nQualcomm’s incoming CEO, Cristiano Amon, said Qualcomm would be willing to buy a stake in Arm alongside other industry investors ifSoftBank, Arm’s current owner, listed the company on the stock market instead of selling it to Nvidia, the newspaper reported Sunday.\n“If Arm has an independent future, I think you will find there is a lot of interest from a lot of the companies within the ecosystem, including Qualcomm, to invest in Arm,” Amon said. “If it moves out of SoftBank and it goes into a process of becoming a publicly-traded company, [with] a consortium of companies that invest, including many of its customers, I think those are great possibilities.”\nAmon added that Qualcomm would “definitely be open to it” and that the company has “had discussions with other companies that feel the same way,” The Telegraph said.\nQualcomm declined to comment when contacted by CNBC, while Nvidia said an IPO wouldn’t be enough to support Arm’s growth. Arm did not immediately respond.\nArm was spun out of an early computing company called Acorn Computers in 1990. The company’s energy-efficient chip architectures are used in 95% of the world’s smartphones and 95% of the chips designed in China. The company licenses its chip designs to more than 500 companies, which use them to make their own chips.\nAn Nvidia spokesperson told CNBC that Arm needed more than an IPO if it is to achieve its full potential.\n“Arm needs an infusion of new technology that it can provide to Arm licensees everywhere, which is why we stepped up and agreed to buy Arm,” the spokesperson said. “Our technologies and Qualcomm’s are highly complementary — we’d welcome Qualcomm’s help in creating new technologies and products for the entire Arm ecosystem.”\nArm’s takeover by Nvidia wasannouncedby the companies last September and it was expected to take around 18 months. Since then, Qualcommhas been telling regulatorsaround the world that it is against the deal, as have Microsoft and Google,according to Bloomberg.\nThe companies say they are opposed to the takeover because there’s a risk that Nvidia could become a gatekeeper of Arm’s technology and prevent other chipmakers from using the company’s intellectual property. They question whether Nvidia will be able to fully capitalize on the acquisition without blocking access to Arm’s chip designs.\nNvidia has repeatedly said it will maintain Arm’s open licensing model and invest heavily in Arm’s headquarters in Cambridge, U.K.\nBut the Federal Trade Commission, the European Commission, the U.K.’s Competition and Markets Authority and China’s State Administration for Market Regulation are in the process of investigating the deal.\nArm has as a joint venture called “Arm China” with Chinese private equity firm Hopu Investments. Arm China is headquartered in Shanghai, meaning China’s Ministry of Commerce and China’s State Administration for Market Regulation has the right to review the deal.\nNvidia hasasked Chinese regulators to approve the dealin recent weeks, according toa reportfrom The Financial Times earlier this month that cites sources familiar with the matter. Nvidia said the regulatory process was confidential, but it remains confident that it will receive approval and “close in early 2022.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184991441,"gmtCreate":1623679935783,"gmtModify":1634030175823,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184991441","repostId":"1146430910","repostType":4,"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103294444,"gmtCreate":1619785016188,"gmtModify":1634209963357,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Suk my dik faggitt pltr to the moon","listText":"Suk my dik faggitt pltr to the moon","text":"Suk my dik faggitt pltr to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103294444","repostId":"1109095619","repostType":2,"repost":{"id":"1109095619","kind":"news","pubTimestamp":1619403046,"share":"https://www.laohu8.com/m/news/1109095619?lang=&edition=full","pubTime":"2021-04-26 10:10","market":"us","language":"en","title":"Palantir Technologies: Valuing A Company Of No Profitability","url":"https://stock-news.laohu8.com/highlight/detail?id=1109095619","media":"seekingalpha","summary":"Palantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.Palantir’s Government segment is a pipeline for long-term, low-risk deferred income, while the Commercial segment is like a high-margin corporate option waiting to be exercised.At this point, the Commercial segment future growth needs Microsoft, Amazon, or Google ecosystem’s investments much more than Cathie Wood’s investments.At this point, investors value Palantir's growth more than its p","content":"<p><b>Summary</b></p>\n<ul>\n <li>Palantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.</li>\n <li>Palantir’s Government segment is a pipeline for long-term, low-risk deferred income, while the Commercial segment is like a high-margin corporate option waiting to be exercised.</li>\n <li>At this point, the Commercial segment future growth needs Microsoft, Amazon, or Google ecosystem’s investments much more than Cathie Wood’s investments.</li>\n <li>At this point, investors value Palantir's growth more than its profitability.</li>\n <li>As a result, Palantir's shares may be fairly valued between $28 and $33.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06e6a347ac17f2da9b9a7761d1c8285f\" tg-width=\"416\" tg-height=\"416\"><span>Photo by Turqay Melikli/iStock via Getty Images</span></p>\n<p>Since the beginning of COVID, the use of Palantir Technologies’ (NASDAQ: PLTR) (“Palantir”) software for contact tracing has bolstered adoption for supply-chain analysis. It is reasonably expected the product demand will remain a boon beyond the pandemic. Palantir’s products have also been deployed in&nbsp;intelligence gathering,compliance, and risk management after recent state-sponsored cyberattacks, which may remain a company’s low-risk growth from Government segment sales.</p>\n<p>That being said, with just over&nbsp;100 customers&nbsp;and practically no earnings to speak for, PLTR surged more than 250% in just three months out of the IPO gate. The stock price movement fits the build of a textbook bubble stock. PLTR also gives me a good opportunity to value a young, bubble-like performing stock with no meaningful profitability in sight.</p>\n<p><b>Government Contracts Provide Pipeline Revenue</b></p>\n<p>Palantir's remaining performance obligations (RPO) and deferred revenue are driven by multiyear government contract (Table 1). Government contracts typically have (1) long sales cycles, (2) lower margin but multiyear terms, and (3) predictable cash flow. But the open bidding process will often keep the government contract margins lower than the commercial contracts. For example, while not reported, I was able to impute that Palantir’s Government segment gross margin is usually around 38% vs. Commercial segment's 56% (Table 2). However, the longer contract periods(3-5 years)and steady revenue serve as a “cash flow pipeline” for young company like Palantir to reduce business risk. For a less than 1-year old IPO, compared with the peers, Palantir has a larger portion (59%) of their revenue from the low-risk, “sticky” government contracts.</p>\n<p><b>Table 1: Palantir Government Agency Customers (Bloomberg)</b></p>\n<p><img src=\"https://static.tigerbbs.com/a3dea5e3a499ea3ef38094a6fa9f5457\" tg-width=\"640\" tg-height=\"291\"><img src=\"https://static.tigerbbs.com/25536f1ac68e71ec9488855a12fd99b9\" tg-width=\"622\" tg-height=\"183\"></p>\n<p><b>Average Revenue Per Customer 4 Times of Peers</b></p>\n<p>Though Palantir still has a niche customer base, the company has done a solid job expanding sales among existing clients. With&nbsp;139&nbsp;customers, its average revenue per customer of $6-$8 million (Figure 1A) in 2020 was about 4-5x above most enterprise-software makers that sell to large corporations (Figure 1B). The average revenue per top 20 customers rose from $25 million to $34 million in a year. Most of the company's government customers have likely standardized their analytics on&nbsp;Palantir's Gotham product, aiding the average contract value. So far, the company has kept&nbsp;a high gross-retention&nbsp;and net-expansion rate in its niche base, of about 139 customers. This is reflected in its large annual-contract values at existing customers, particularly those in the top 20.</p>\n<p><img src=\"https://static.tigerbbs.com/95816c7695dedfcd8b14fe9798740569\" tg-width=\"640\" tg-height=\"348\"><img src=\"https://static.tigerbbs.com/aee2e5e2cdcb80e125b3d5476371fad8\" tg-width=\"640\" tg-height=\"324\"></p>\n<p><b>Table 3: Palantir Commercial Customers (Bloomberg Partial List)</b></p>\n<p><img src=\"https://static.tigerbbs.com/4ecaf4feeefca0ecc8517f31d6f4b068\" tg-width=\"640\" tg-height=\"369\"></p>\n<p>Palantir's the top-three clients represent about 30% of sales (Table 1), making the company different from the enterprise software peers. Although, government agencies and large defense companies the primary users of its software, the company’s count of customers is still&nbsp;far lowervs. most high-growth cloud software peers (Figure 1D), including ServiceNow (NYSE: NOW) and CrowdStrike (CRWD), which also focus on large enterprises and have some exposure to government customers. Structurally, the company's concentration on government customers creates more risk around a longer sales cycle vs. other software peers. Therefore, Palantir's near-term top-line view may benefit from a strong government demand in big data offerings, the pace of customer additions could improve significantly from the adds of commercial customers which have&nbsp;faster deployments.</p>\n<p><b>Figure 1D: Customer Counts vs. Peers</b></p>\n<p><img src=\"https://static.tigerbbs.com/4dec7cfb29b09a440a8f7e680c202571\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>In the short term, Palantir's revenue momentum continues to be helped mainly by the Government contract awards, where y/y growth could exceed&nbsp;<b>40%</b>in 4Q (Fig 1A). As a result, Palantir's increased in top-line guidance to&nbsp;<b>44%</b>&nbsp;growth for 2020 from the better-than-expected performance in its Government segment. It should be noted that the company may have enjoyed the short-term predictability of deferred income from government customers. But the heavy concentration on a handful large clients may become serious inherent&nbsp;business risk&nbsp;in the long run.</p>\n<p>Palantir still has a small portion of the revenue contribution from its cloud offering, while Professional services is a much greater portion of the company's sales mix compared with software peers, which use system integrators for implementation work, with services about 5% of total sales (estimated by Bloomberg's&nbsp;Mandeep Singh).</p>\n<p><img src=\"https://static.tigerbbs.com/f93659452a4478939e69f11843e8e172\" tg-width=\"640\" tg-height=\"317\"></p>\n<p><b>Commercial Adoptions Drive Sales Momentum</b></p>\n<p>Pretty soon, Palantir’s sustainable growth needs to be produced by an acceleration at the Commercial unit which has the advantage of a shorter sales cycle for Palantir's Foundry product. This demand from the enterprise clients is mainly driven by expanding use cases for supply chains, contract tracing, and cybersecurity, though some of the new, large deals are still with the Pentagon, the U.S. Food and Drug Administration, and Rio Tinto (Table 1).</p>\n<p>In the last few&nbsp;Demo Days, ramp-up of commercial segment has been an obvious major focus. Management recognizes the urgency to give whatever it got to sustain the 50%-plus overall revenue growth to retain a valuation multiple of over 40x EV-to-forward sales.</p>\n<p>The company's direct sales-force expansion and use of dedicated account reps could help shorten its sales cycle and boost top-line growth in its Commercial business, where revenue grew only&nbsp;35% vs. 68%&nbsp;in Government. The company realizes that the bottleneck the commercial growth relies on the shorter deployment times and expanding use cases around contract tracing, supply-chain analysis, and cybersecurity. These are key to expansion in industries such as health care. Unlike cloud analytics rivals Snowflake (SNOW) and MongoDB (MDB), Palantir&nbsp;lacks a recurring subscription model.</p>\n<p>Palantir's Commercial segment growth slowed to 4% in the quarter despite multiyear contract wins, likely due to some delay in order closings. The company has a good chance of gaining customers through referrals and shortening its sales cycle given its recent marquee wins at companies including PG&amp;E(NYSE:PCG)and Rio Tinto(NYSE:RIO). However, while the Commercial segment growth is the key to sales momentum, it is limited by the several factors.</p>\n<p>First, Palantir does not have a “partner ecosystem or integrators”with other cloud providers. This may make it hard for Palantir to improve its win rates against analytics offerings from pure-play rivals such as Tableau (salesforce.com(NYSE:CRM)) and Qlik, as well as hyperscale-cloud vendors including Microsoft (MSFT) and&nbsp;Amazon.com&nbsp;(NASDAQ:AMZN). In Palantir's demo day, it is clear that its visualization capabilities are superior to other analytics providers such as Snowflake, Splunk (SPLK), and MongoDB. Palantir can leverage its proprietary datasets to shortening deployment times which could help broaden its potential uses and diversify the customer base. But, a lack of deployment options on public clouds such as Amazon AWS may continue to limit Palantir's enterprise adoption. Further, Palantir's addressable market could be limited by its software products' specialized uses around defense, terrorism threats, cybersecurity, and fraud detection. As Palantir expands functionality in its Apollo offering, the company may be able to accelerate sales growth in its Commercial segment (Bloomberg’s Anurag Rana).</p>\n<p>Second, Palantir's partnerships with system integrators including IBM (IBM) and Fujitsu (OTCPK:FJTSF) will be key to faster growth in its Commercial segment, where the addressable market is likely bigger than its core Government segment. As Palantir has opened up its platform to make it easy for&nbsp;third-party developers&nbsp;to build custom apps, we believe that could help expand uses for its software in areas such as compliance and risk management. The company's recent&nbsp;alliance with IBM&nbsp;may be especially useful for expansion at health-care and financial-services customers, where Palantir could displace legacy analytics offerings fromrivalssuch as SAP&nbsp;(NYSE:SAP), Oracle&nbsp;(NYSE:ORCL), and MicroStrategy&nbsp;(NASDAQ:MSTR).</p>\n<p>The commercial segment is currently about&nbsp;44%&nbsp;of Palantir's sales, around $482 million in 2020, suggesting plenty of runway given the large market potential for analytics software. With&nbsp;over 50% of RPO recognized&nbsp;as revenue over the next year, the company will need to substantially expand the commercial segment's customer base and shorten its sales cycle to improve pipeline visibility beyond 2021.</p>\n<p><b>Margin Leveraging Helps But Not Critical</b></p>\n<p>Palantir’s gross margin and contribution margin have improved to81%and 54% in 2020, aided by the sales growth from higher average revenue per customer and large multiyear contracts (Figure 1B). The Commercial gross-margin profile is 18% better than that of its own Government segment (Table 2). It is also better than other government IT-services providers such as Leidos(NYSE:LDOS),SAIC&nbsp;and&nbsp;CACI(Figure 3).</p>\n<p><img src=\"https://static.tigerbbs.com/05ebdb3ebc930083aea60ce52d272e6f\" tg-width=\"640\" tg-height=\"263\"></p>\n<p>But, it trails cloud cybersecurity peers such as CrowdStrike and Zscaler. Palantir's reliance on professional services for deploying its software will likely&nbsp;limit its operating leverage potential.While not disclosed, Palantir&nbsp;may have&nbsp;a higher portion of professional-services sales than cloud peers given the customizations required for deploying its software, which may constrain margin improvement in the next few years.</p>\n<p>Forward-looking, Bloomberg's street consensus suggests that gross margin may remain 75-80% in 1Q, but better 81%-85%in 2021 and on (Figure 1B). This may be driven by a higher contribution from its software products vs. professional services. Operating margin, which improved through 1H this year, could be aided by lower marketing expenses. And Q1 may be the first quarter that operating margin may turn profitable over 20% (Figure 1B). The improvement in Palantir's gross and operating margin can be attributed to ”margin leverage” from the acceleration in the company's Government segment sales, where growth doubled from 2019 to 2020 (Figure 2).</p>\n<p><img src=\"https://static.tigerbbs.com/7c17d6cd584af5045c09f3cbb232ac18\" tg-width=\"640\" tg-height=\"335\"></p>\n<p>While expanded hiring and investments in ramping up its direct salesforce may continue to limit margin expansion for the Commercial segment, recent wins at large enterprise customers such as&nbsp;PG&amp;E and Rio Tinto could drive more referral customers, while Palantir's alliances with system integrators such as IBM and Fujitsu may bolster indirect channels sales. Palantir's accelerated pace in new multiyear contracts, including&nbsp;a five-year $89.9 million one&nbsp;with the National Nuclear Security Administration, suggests to us the company's sales cycle is becoming shorter and its go-to-market strategy may be helped by more reference customers. Unlike cloud-software providers that have high revenue predictability amid a recurring subscription model,Bloomberg estimated&nbsp;that Palantir could require at least 40% of sales from new customers to achieve its goal of $4 billion in revenue by 2025.</p>\n<p><b>Revenue Growth, Not Margins, May Drive Share Valuation</b></p>\n<p>Without meaningful profit in sight, it is not realistic to value Palantir’s shares with earnings or cash flow estimates. Since the 2-year old, Denver-based, company needs to “prove” the worth of its government-heavy business model, investors should have and may have watched more of its sales growth than profitability. Previously, Palantir’s IPO valuation was about&nbsp;$18-22 billion&nbsp;at P/S multiple 13-18x, assuming top-line growth of at least 30% next year. This is around the valuation the company received in its last private funding round. From above, the street may think that Palantir could find it hard to sustain top-line growth of over 40% for the next few years (Figure 1A).</p>\n<p>In the end, consensus suggests that Palantir's near-term revenue growth next two years could be about 27%-45%, a wide range reflecting the uncertainty tied to its reliance on larger deployments at few customers and a longer sales cycle for the company's products vs. other cloud competitors. Top-line growths might taper over the next two to three years from high-40% to low-30%, compared with 40% annual-recurring-revenue growth for cloud peers such as CrowdStrike, Okta (OKTA), and Zscaler (Figure 1A).</p>\n<p><b>Sales Franchise Share Valuation</b></p>\n<p>Based on the relative importance of sales growth over margin, I elect to use a&nbsp;sales-based model&nbsp;as follows:</p>\n<p><b>Pi= P/S*ix Si</b></p>\n<p>Piis the value of the segment “i” and P/S*iis the “fair sales multiple” and Siis the segment “i” revenue. The total market capitalization, or stock price per share, is the sum of all the individual segment valuations. (If you are not interested in the technical part of the valuation, please skip this section.)</p>\n<p>It is important to note that, in contrast to the convention of applying a historical or constant P/S to the valuation, the fair P/S multiple will vary from stock to stock and from time to time. The fair P/S multiple should&nbsp;<b>reflect the expected long-term revenue growth</b>&nbsp;and incremental margin for the stock. On the same token, historical P/S and margin rarely repeat themselves, as most do not have same sales growth and profitability over time. Thus, a fair P/S should be determined by the expected sales growth for the long run. Under this context, I use the Sales Franchise Value Model (SFV) to convert the forward-looking fundamentals into share values:</p>\n<p><img src=\"https://static.tigerbbs.com/d066940531f136c02e169bd8ea5f3143\" tg-width=\"447\" tg-height=\"221\"></p>\n<p>The&nbsp;SFV model&nbsp;computes two parts of the stock value. The first part includes the market value for constant growth profitability. The second portion is the excess profit growth over shareholders’ expectations. This is a model to produce a stock valuation which reflects both future revenue growth and margin changes.</p>\n<p>In estimating the future price-to-sales multiples, I relied mainly on the street forecast financials in Figure 1A and Figure 1B. The gross margins I used range from 80%-84% as predicted by the Street for the next 2 years. The most sensitive factor is the revenue growth rates which are assumed to fluctuate between 9% and 12%, conservatively lower than the Street’s short-term estimates of 27%-45% (Figure 1A). The discount rate has been raised from 12% to 13% to reflect the rising yield effect.</p>\n<p>Given the various forecasts, the fair value P* for PLTR ranges, theoretically, from $18 to $68. But, it is clear that fair value really does not move that much with margin levels. This somewhat confirms the notion that PLTR share values are not sensitive to profitability or lack of it at this point of time. More interestingly, there is a “reasonable range” of fair value estimates between $24 and $34. Because SFV is a sales growth model, the fair value is much more sensitive to the long-term growth rate assumed.</p>\n<p>As over 50% of Palantir’s revenue is from the sticky Government contracts with more recent new awards, a 10.5%-11% long-term growth rate seems a reasonably conservative assumption. If you agree with my estimates, the SFV valuation model computes&nbsp;<b>$28-$33</b>&nbsp;fair value range for PLTR (Table 4)</p>\n<p><img src=\"https://static.tigerbbs.com/05cd4c99631824245ed8b1159d96af74\" tg-width=\"640\" tg-height=\"195\"></p>\n<p><b>Takeaways</b></p>\n<p>With just over 100 customers and practically no earnings to speak for, shares of Palantir Technologies surged more than 250% in just 3 months out of the IPO gate. The erratic stock price movement fits the build of a textbook bubble stock. On one hand, Palantir is blessed by the large revenue contribution from steady multiyear government contracts which serve as a pipeline for long-term low-risk income. On the other hand, Palantir’s growth is limited by the absence of a commercial Cloud ecosystem which is the key for future share appreciation. At this early stage, as the growth opportunity is more important to investors than the company’s profitability, PLTR may be fairly valued between&nbsp;<b>$28-$33.</b></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Technologies: Valuing A Company Of No Profitability</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Technologies: Valuing A Company Of No Profitability\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4421171-palantir-technologies-stock-pltr-valuing-company-of-no-profitability><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPalantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.\nPalantir’s Government segment is a pipeline for long-term, low-risk deferred income...</p>\n\n<a href=\"https://seekingalpha.com/article/4421171-palantir-technologies-stock-pltr-valuing-company-of-no-profitability\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4421171-palantir-technologies-stock-pltr-valuing-company-of-no-profitability","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1109095619","content_text":"Summary\n\nPalantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.\nPalantir’s Government segment is a pipeline for long-term, low-risk deferred income, while the Commercial segment is like a high-margin corporate option waiting to be exercised.\nAt this point, the Commercial segment future growth needs Microsoft, Amazon, or Google ecosystem’s investments much more than Cathie Wood’s investments.\nAt this point, investors value Palantir's growth more than its profitability.\nAs a result, Palantir's shares may be fairly valued between $28 and $33.\n\nPhoto by Turqay Melikli/iStock via Getty Images\nSince the beginning of COVID, the use of Palantir Technologies’ (NASDAQ: PLTR) (“Palantir”) software for contact tracing has bolstered adoption for supply-chain analysis. It is reasonably expected the product demand will remain a boon beyond the pandemic. Palantir’s products have also been deployed in intelligence gathering,compliance, and risk management after recent state-sponsored cyberattacks, which may remain a company’s low-risk growth from Government segment sales.\nThat being said, with just over 100 customers and practically no earnings to speak for, PLTR surged more than 250% in just three months out of the IPO gate. The stock price movement fits the build of a textbook bubble stock. PLTR also gives me a good opportunity to value a young, bubble-like performing stock with no meaningful profitability in sight.\nGovernment Contracts Provide Pipeline Revenue\nPalantir's remaining performance obligations (RPO) and deferred revenue are driven by multiyear government contract (Table 1). Government contracts typically have (1) long sales cycles, (2) lower margin but multiyear terms, and (3) predictable cash flow. But the open bidding process will often keep the government contract margins lower than the commercial contracts. For example, while not reported, I was able to impute that Palantir’s Government segment gross margin is usually around 38% vs. Commercial segment's 56% (Table 2). However, the longer contract periods(3-5 years)and steady revenue serve as a “cash flow pipeline” for young company like Palantir to reduce business risk. For a less than 1-year old IPO, compared with the peers, Palantir has a larger portion (59%) of their revenue from the low-risk, “sticky” government contracts.\nTable 1: Palantir Government Agency Customers (Bloomberg)\n\nAverage Revenue Per Customer 4 Times of Peers\nThough Palantir still has a niche customer base, the company has done a solid job expanding sales among existing clients. With 139 customers, its average revenue per customer of $6-$8 million (Figure 1A) in 2020 was about 4-5x above most enterprise-software makers that sell to large corporations (Figure 1B). The average revenue per top 20 customers rose from $25 million to $34 million in a year. Most of the company's government customers have likely standardized their analytics on Palantir's Gotham product, aiding the average contract value. So far, the company has kept a high gross-retention and net-expansion rate in its niche base, of about 139 customers. This is reflected in its large annual-contract values at existing customers, particularly those in the top 20.\n\nTable 3: Palantir Commercial Customers (Bloomberg Partial List)\n\nPalantir's the top-three clients represent about 30% of sales (Table 1), making the company different from the enterprise software peers. Although, government agencies and large defense companies the primary users of its software, the company’s count of customers is still far lowervs. most high-growth cloud software peers (Figure 1D), including ServiceNow (NYSE: NOW) and CrowdStrike (CRWD), which also focus on large enterprises and have some exposure to government customers. Structurally, the company's concentration on government customers creates more risk around a longer sales cycle vs. other software peers. Therefore, Palantir's near-term top-line view may benefit from a strong government demand in big data offerings, the pace of customer additions could improve significantly from the adds of commercial customers which have faster deployments.\nFigure 1D: Customer Counts vs. Peers\n\nIn the short term, Palantir's revenue momentum continues to be helped mainly by the Government contract awards, where y/y growth could exceed 40%in 4Q (Fig 1A). As a result, Palantir's increased in top-line guidance to 44% growth for 2020 from the better-than-expected performance in its Government segment. It should be noted that the company may have enjoyed the short-term predictability of deferred income from government customers. But the heavy concentration on a handful large clients may become serious inherent business risk in the long run.\nPalantir still has a small portion of the revenue contribution from its cloud offering, while Professional services is a much greater portion of the company's sales mix compared with software peers, which use system integrators for implementation work, with services about 5% of total sales (estimated by Bloomberg's Mandeep Singh).\n\nCommercial Adoptions Drive Sales Momentum\nPretty soon, Palantir’s sustainable growth needs to be produced by an acceleration at the Commercial unit which has the advantage of a shorter sales cycle for Palantir's Foundry product. This demand from the enterprise clients is mainly driven by expanding use cases for supply chains, contract tracing, and cybersecurity, though some of the new, large deals are still with the Pentagon, the U.S. Food and Drug Administration, and Rio Tinto (Table 1).\nIn the last few Demo Days, ramp-up of commercial segment has been an obvious major focus. Management recognizes the urgency to give whatever it got to sustain the 50%-plus overall revenue growth to retain a valuation multiple of over 40x EV-to-forward sales.\nThe company's direct sales-force expansion and use of dedicated account reps could help shorten its sales cycle and boost top-line growth in its Commercial business, where revenue grew only 35% vs. 68% in Government. The company realizes that the bottleneck the commercial growth relies on the shorter deployment times and expanding use cases around contract tracing, supply-chain analysis, and cybersecurity. These are key to expansion in industries such as health care. Unlike cloud analytics rivals Snowflake (SNOW) and MongoDB (MDB), Palantir lacks a recurring subscription model.\nPalantir's Commercial segment growth slowed to 4% in the quarter despite multiyear contract wins, likely due to some delay in order closings. The company has a good chance of gaining customers through referrals and shortening its sales cycle given its recent marquee wins at companies including PG&E(NYSE:PCG)and Rio Tinto(NYSE:RIO). However, while the Commercial segment growth is the key to sales momentum, it is limited by the several factors.\nFirst, Palantir does not have a “partner ecosystem or integrators”with other cloud providers. This may make it hard for Palantir to improve its win rates against analytics offerings from pure-play rivals such as Tableau (salesforce.com(NYSE:CRM)) and Qlik, as well as hyperscale-cloud vendors including Microsoft (MSFT) and Amazon.com (NASDAQ:AMZN). In Palantir's demo day, it is clear that its visualization capabilities are superior to other analytics providers such as Snowflake, Splunk (SPLK), and MongoDB. Palantir can leverage its proprietary datasets to shortening deployment times which could help broaden its potential uses and diversify the customer base. But, a lack of deployment options on public clouds such as Amazon AWS may continue to limit Palantir's enterprise adoption. Further, Palantir's addressable market could be limited by its software products' specialized uses around defense, terrorism threats, cybersecurity, and fraud detection. As Palantir expands functionality in its Apollo offering, the company may be able to accelerate sales growth in its Commercial segment (Bloomberg’s Anurag Rana).\nSecond, Palantir's partnerships with system integrators including IBM (IBM) and Fujitsu (OTCPK:FJTSF) will be key to faster growth in its Commercial segment, where the addressable market is likely bigger than its core Government segment. As Palantir has opened up its platform to make it easy for third-party developers to build custom apps, we believe that could help expand uses for its software in areas such as compliance and risk management. The company's recent alliance with IBM may be especially useful for expansion at health-care and financial-services customers, where Palantir could displace legacy analytics offerings fromrivalssuch as SAP (NYSE:SAP), Oracle (NYSE:ORCL), and MicroStrategy (NASDAQ:MSTR).\nThe commercial segment is currently about 44% of Palantir's sales, around $482 million in 2020, suggesting plenty of runway given the large market potential for analytics software. With over 50% of RPO recognized as revenue over the next year, the company will need to substantially expand the commercial segment's customer base and shorten its sales cycle to improve pipeline visibility beyond 2021.\nMargin Leveraging Helps But Not Critical\nPalantir’s gross margin and contribution margin have improved to81%and 54% in 2020, aided by the sales growth from higher average revenue per customer and large multiyear contracts (Figure 1B). The Commercial gross-margin profile is 18% better than that of its own Government segment (Table 2). It is also better than other government IT-services providers such as Leidos(NYSE:LDOS),SAIC and CACI(Figure 3).\n\nBut, it trails cloud cybersecurity peers such as CrowdStrike and Zscaler. Palantir's reliance on professional services for deploying its software will likely limit its operating leverage potential.While not disclosed, Palantir may have a higher portion of professional-services sales than cloud peers given the customizations required for deploying its software, which may constrain margin improvement in the next few years.\nForward-looking, Bloomberg's street consensus suggests that gross margin may remain 75-80% in 1Q, but better 81%-85%in 2021 and on (Figure 1B). This may be driven by a higher contribution from its software products vs. professional services. Operating margin, which improved through 1H this year, could be aided by lower marketing expenses. And Q1 may be the first quarter that operating margin may turn profitable over 20% (Figure 1B). The improvement in Palantir's gross and operating margin can be attributed to ”margin leverage” from the acceleration in the company's Government segment sales, where growth doubled from 2019 to 2020 (Figure 2).\n\nWhile expanded hiring and investments in ramping up its direct salesforce may continue to limit margin expansion for the Commercial segment, recent wins at large enterprise customers such as PG&E and Rio Tinto could drive more referral customers, while Palantir's alliances with system integrators such as IBM and Fujitsu may bolster indirect channels sales. Palantir's accelerated pace in new multiyear contracts, including a five-year $89.9 million one with the National Nuclear Security Administration, suggests to us the company's sales cycle is becoming shorter and its go-to-market strategy may be helped by more reference customers. Unlike cloud-software providers that have high revenue predictability amid a recurring subscription model,Bloomberg estimated that Palantir could require at least 40% of sales from new customers to achieve its goal of $4 billion in revenue by 2025.\nRevenue Growth, Not Margins, May Drive Share Valuation\nWithout meaningful profit in sight, it is not realistic to value Palantir’s shares with earnings or cash flow estimates. Since the 2-year old, Denver-based, company needs to “prove” the worth of its government-heavy business model, investors should have and may have watched more of its sales growth than profitability. Previously, Palantir’s IPO valuation was about $18-22 billion at P/S multiple 13-18x, assuming top-line growth of at least 30% next year. This is around the valuation the company received in its last private funding round. From above, the street may think that Palantir could find it hard to sustain top-line growth of over 40% for the next few years (Figure 1A).\nIn the end, consensus suggests that Palantir's near-term revenue growth next two years could be about 27%-45%, a wide range reflecting the uncertainty tied to its reliance on larger deployments at few customers and a longer sales cycle for the company's products vs. other cloud competitors. Top-line growths might taper over the next two to three years from high-40% to low-30%, compared with 40% annual-recurring-revenue growth for cloud peers such as CrowdStrike, Okta (OKTA), and Zscaler (Figure 1A).\nSales Franchise Share Valuation\nBased on the relative importance of sales growth over margin, I elect to use a sales-based model as follows:\nPi= P/S*ix Si\nPiis the value of the segment “i” and P/S*iis the “fair sales multiple” and Siis the segment “i” revenue. The total market capitalization, or stock price per share, is the sum of all the individual segment valuations. (If you are not interested in the technical part of the valuation, please skip this section.)\nIt is important to note that, in contrast to the convention of applying a historical or constant P/S to the valuation, the fair P/S multiple will vary from stock to stock and from time to time. The fair P/S multiple should reflect the expected long-term revenue growth and incremental margin for the stock. On the same token, historical P/S and margin rarely repeat themselves, as most do not have same sales growth and profitability over time. Thus, a fair P/S should be determined by the expected sales growth for the long run. Under this context, I use the Sales Franchise Value Model (SFV) to convert the forward-looking fundamentals into share values:\n\nThe SFV model computes two parts of the stock value. The first part includes the market value for constant growth profitability. The second portion is the excess profit growth over shareholders’ expectations. This is a model to produce a stock valuation which reflects both future revenue growth and margin changes.\nIn estimating the future price-to-sales multiples, I relied mainly on the street forecast financials in Figure 1A and Figure 1B. The gross margins I used range from 80%-84% as predicted by the Street for the next 2 years. The most sensitive factor is the revenue growth rates which are assumed to fluctuate between 9% and 12%, conservatively lower than the Street’s short-term estimates of 27%-45% (Figure 1A). The discount rate has been raised from 12% to 13% to reflect the rising yield effect.\nGiven the various forecasts, the fair value P* for PLTR ranges, theoretically, from $18 to $68. But, it is clear that fair value really does not move that much with margin levels. This somewhat confirms the notion that PLTR share values are not sensitive to profitability or lack of it at this point of time. More interestingly, there is a “reasonable range” of fair value estimates between $24 and $34. Because SFV is a sales growth model, the fair value is much more sensitive to the long-term growth rate assumed.\nAs over 50% of Palantir’s revenue is from the sticky Government contracts with more recent new awards, a 10.5%-11% long-term growth rate seems a reasonably conservative assumption. If you agree with my estimates, the SFV valuation model computes $28-$33 fair value range for PLTR (Table 4)\n\nTakeaways\nWith just over 100 customers and practically no earnings to speak for, shares of Palantir Technologies surged more than 250% in just 3 months out of the IPO gate. The erratic stock price movement fits the build of a textbook bubble stock. On one hand, Palantir is blessed by the large revenue contribution from steady multiyear government contracts which serve as a pipeline for long-term low-risk income. On the other hand, Palantir’s growth is limited by the absence of a commercial Cloud ecosystem which is the key for future share appreciation. At this early stage, as the growth opportunity is more important to investors than the company’s profitability, PLTR may be fairly valued between $28-$33.","news_type":1},"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":361059930,"gmtCreate":1614180566520,"gmtModify":1634550827848,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat la","listText":"Huat la","text":"Huat la","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/361059930","repostId":"1129467108","repostType":4,"repost":{"id":"1129467108","kind":"news","pubTimestamp":1614164417,"share":"https://www.laohu8.com/m/news/1129467108?lang=&edition=full","pubTime":"2021-02-24 19:00","market":"us","language":"en","title":"Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500","url":"https://stock-news.laohu8.com/highlight/detail?id=1129467108","media":"Barrons","summary":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullie","content":"<p>Don’t worry. Be greedy.</p><p>Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.</p><p>TheS&amp;P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.</p><p>Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”</p><p>As President Joe Biden’s administration&nbsp;champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move&nbsp;that is fanning inflation fearsand worries about stock slumps.</p><p>Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.</p><p>To position for the stock market to surge higher, Quigg advised clients to consider selling one of the&nbsp;SPDR S&amp;P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls&nbsp;with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.</p><p>The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.</p><p>Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.</p><p>Quigg’s trade idea has a lot to admire.</p><p>For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.</p><p>Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&amp;P 500 stocks at lower prices isn’t terrible, either.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why J.P. Morgan Says Now Is the Time to Bet on the S&P 500</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy J.P. Morgan Says Now Is the Time to Bet on the S&P 500\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-24 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to ...</p>\n\n<a href=\"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA\">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",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/why-j-p-morgan-says-now-is-the-time-to-bet-on-the-s-p-500-51614090217?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129467108","content_text":"Don’t worry. Be greedy.Even though investor fears are rising, and the stock market is getting bullied by rising bond yields,J.P. Morganstrategists have told their clients that now is the time to embrace stocks.TheS&P 500may be waffling around 3875, but the bank is standing by its 2021 year-end price target of 4400 on a range of 4200 to 4600. Its numbers aren’t merely some derivative of the stock market’s expected earnings. Instead, they reflect America’s economic reawakening after the Covid-19 pandemic.Shawn Quigg, a J.P. Morgan derivatives strategist, recently told clients that there is little to stand in the way of the market’s achievement of “such gains sooner than later, particularly considering the numerous catalysts ahead, their impact on volatility, and the implications that will have on investor positioning.”As President Joe Biden’s administration champions a $1.9 trillion stimulus program, and Covid-19 infections and hospitalizations decline, Quigg anticipates stocks surging. His view is somewhat at odds with recent trading. Stocks have declined as the 10-year Treasury note yield has increased to about 1.38%, a move that is fanning inflation fearsand worries about stock slumps.Quigg likes taking advantage of the fear and the pending stimulus program, which Biden has begun to defend against concerns that it is too large. In various interviews, the president has challenged critics to tell him what to cut at a time when so much of the nation is suffering. The Biden administration is now warning that the greatest risk isn’t a large stimulus package, but one that is too small and thus doesn’t meaningfully stimulate economic growth.To position for the stock market to surge higher, Quigg advised clients to consider selling one of the SPDR S&P 500 ETF‘s (ticker: SPY) May $353 put options and buying 15 May $450 call options. When the ETF was at $392.39, the leveraged risk-reversal strategy—that is,selling one put and buying many more calls with a higher strike price but the same expiration—could be done for no cost. In other words, the money received for selling the put was enough to buy 15 bullish calls.The trade expresses high conviction that the ETF—which was recently trading around $387—will reach $450 by May 21, when May options expire. At $460, the call is worth $10.Should the ETF decline, say, because current fears push the market below the $353 strike price, investors would be obligated to buy it at the lower price, or to cover or adjust the puts.Quigg’s trade idea has a lot to admire.For one, the trade carried zero cost when it was recommended late last week. Yes, prices have moved since the Feb. 18 note was published, but investors can recast strike prices to create similar pricing. The markets change, and that’s why there are so many different strike prices that are listed.Moreover, if J.P. Morgan’s base view of the economic reawakening proves true, owning a bundle of upside calls that cost nothing could be quite lucrative. Should the market succumb to the current fears that are weakening prices, owning S&P 500 stocks at lower prices isn’t terrible, either.","news_type":1},"isVote":1,"tweetType":1,"viewCount":673,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381552832,"gmtCreate":1612971804626,"gmtModify":1703767842403,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381552832","repostId":"1186964240","repostType":4,"repost":{"id":"1186964240","kind":"news","pubTimestamp":1612954337,"share":"https://www.laohu8.com/m/news/1186964240?lang=&edition=full","pubTime":"2021-02-10 18:52","market":"us","language":"en","title":"Baidu in talks to raise money for a standalone A.I. chip company","url":"https://stock-news.laohu8.com/highlight/detail?id=1186964240","media":"cnbc","summary":"KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intell","content":"<div>\n<p>KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.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>Baidu in talks to raise money for a standalone A.I. chip company</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\">\nBaidu in talks to raise money for a standalone A.I. chip company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 18:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186964240","content_text":"KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms GGV and IDG Capital are involved discussions to pour money into Baidu’s chip firm.\nThe semiconductor business would aim to sell to chips to customers in various industries including automakers.\n\nGUANGZHOU, China — Chinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nThe move is emblematic of an ongoing push among China’s biggest technology firms to boost their prowess in the chip sector. And for Baidu, it marks a further effort to diversify its business well beyond advertising.\nBaidu’s Nasdaq-traded shares jumped more than 3.5% after hours. They climbed 6.67% on Tuesday.\nBaidu’s chip company would be a subsidiary, with the search giant likely to be the majority shareholder, the person said. Venture capital firms GGV and IDG Capital are involved in early stage discussions to invest in Baidu’s chip firm, the source added. Both firms have extensive investments in China.\nBaidu declined to comment when contacted by CNBC. IDG Capital was not immediately available for comment.Calls to GGV’s offices in Singapore, Shanghai and Beijing went unanswered.\nCurrently, Baidu has an in-house chip unit that has helped to develop its Kunlun semiconductors, designed to process huge amounts of data for artificial intelligence applications. But a standalone chip company is seen helping Baidu to better commercialize its technology, the source said.\nThe semiconductor business would aim to sell chips to customers in several industries including automakers, which are currently facing a global chip shortage.\nA standalone chip maker could also tie into other parts of Baidu’s businesses, such as its driverless car software.\nDiversification flurry\nBaidu’s move is part of push by the company to diversify its broader business — an effort which since September alone has seen the Chinese technology giant raise money for a biotech firm and a standalone electric vehicle company.\nAdvertising accounts for most of Baidu’s revenue currently, but other operations are contributing a growing percentage of sales. Ad-related revenue, which the company refers to in its earnings statements as online marketing services, accounted for around 80% of total revenue in 2018. That proportion fell to 71% in the third quarter of 2020, the most recent published results.\nBaidu’s semiconductor focus comes as the Chinese government tries to boost domestic independence around that critical technology — a trend that has accelerated during China’s trade war with the United States.\nChinese internet giant Tencent, the owner of messaging app WeChat,recently invested in an AI chip start-up.\nIn 2019, e-commerce company Alibaba launched its first chip to power artificial intelligence processes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383810266,"gmtCreate":1612863214755,"gmtModify":1703765945572,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/383810266","repostId":"1183096042","repostType":4,"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389597454,"gmtCreate":1612785940578,"gmtModify":1703764967485,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389597454","repostId":"1193450954","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":380757711,"gmtCreate":1612600736033,"gmtModify":1703763945602,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/380757711","repostId":"1132260998","repostType":4,"repost":{"id":"1132260998","kind":"news","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":1612519255,"share":"https://www.laohu8.com/m/news/1132260998?lang=&edition=full","pubTime":"2021-02-05 18:00","market":"us","language":"en","title":"Performance of funds invested in GameStop in past two weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=1132260998","media":"Reuters","summary":"(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top ga","content":"<p>(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top gainers among mutual funds over the past two weeks having exposure to videogame retailer GameStop, data from Refinitiv Lipper showed.</p>\n<p>Crowds of retail punters sent shares in GameStop up by more than 2000% last month, causing some Wall Street hedge funds to lose billions of dollars on their short bets on the stock.</p>\n<p>The Morgan Stanley fund, which had 346,943 shares of GameStop as per the latest filing, gained 23% in the last two weeks, according to the data, which was based on the last two weeks’ price performance.</p>\n<p>The fund’s net assets rose 61% to $746.7 million in January, the data showed.</p>\n<p>Shares of iShares Micro-Cap ETF and Cambria Shareholder Yield ETF also gained about 7% each in the past two weeks.</p>\n<p>Graphic: Mutual fund gainers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/bdf861b5fe2dd34bcafbc688c67e9075\" tg-width=\"962\" tg-height=\"515\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of GameStop have fallen more than 83.5% in the first four days of this month as the retail frenzy faded.</p>\n<p>Graphic: Bottom performers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/ee25f46afa762db3e988a73a7147042d\" tg-width=\"940\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></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>Performance of funds invested in GameStop in past two weeks</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\">\nPerformance of funds invested in GameStop in past two weeks\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\">2021-02-05 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top gainers among mutual funds over the past two weeks having exposure to videogame retailer GameStop, data from Refinitiv Lipper showed.</p>\n<p>Crowds of retail punters sent shares in GameStop up by more than 2000% last month, causing some Wall Street hedge funds to lose billions of dollars on their short bets on the stock.</p>\n<p>The Morgan Stanley fund, which had 346,943 shares of GameStop as per the latest filing, gained 23% in the last two weeks, according to the data, which was based on the last two weeks’ price performance.</p>\n<p>The fund’s net assets rose 61% to $746.7 million in January, the data showed.</p>\n<p>Shares of iShares Micro-Cap ETF and Cambria Shareholder Yield ETF also gained about 7% each in the past two weeks.</p>\n<p>Graphic: Mutual fund gainers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/bdf861b5fe2dd34bcafbc688c67e9075\" tg-width=\"962\" tg-height=\"515\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of GameStop have fallen more than 83.5% in the first four days of this month as the retail frenzy faded.</p>\n<p>Graphic: Bottom performers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/ee25f46afa762db3e988a73a7147042d\" tg-width=\"940\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b72bab52a7d49e9d26088350ab4826c1","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132260998","content_text":"(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top gainers among mutual funds over the past two weeks having exposure to videogame retailer GameStop, data from Refinitiv Lipper showed.\nCrowds of retail punters sent shares in GameStop up by more than 2000% last month, causing some Wall Street hedge funds to lose billions of dollars on their short bets on the stock.\nThe Morgan Stanley fund, which had 346,943 shares of GameStop as per the latest filing, gained 23% in the last two weeks, according to the data, which was based on the last two weeks’ price performance.\nThe fund’s net assets rose 61% to $746.7 million in January, the data showed.\nShares of iShares Micro-Cap ETF and Cambria Shareholder Yield ETF also gained about 7% each in the past two weeks.\nGraphic: Mutual fund gainers in the past two weeks\n\nShares of GameStop have fallen more than 83.5% in the first four days of this month as the retail frenzy faded.\nGraphic: Bottom performers in the past two weeks","news_type":1},"isVote":1,"tweetType":1,"viewCount":207,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":315102490,"gmtCreate":1612213057810,"gmtModify":1703758883086,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/315102490","repostId":"1168853013","repostType":4,"repost":{"id":"1168853013","kind":"news","pubTimestamp":1612173617,"share":"https://www.laohu8.com/m/news/1168853013?lang=&edition=full","pubTime":"2021-02-01 18:00","market":"us","language":"en","title":"Ryanair expects a loss of over $1 billion this year as travel restrictions bite","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853013","media":"cnbc","summary":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billio","content":"<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.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>Ryanair expects a loss of over $1 billion this year as travel restrictions bite</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\">\nRyanair expects a loss of over $1 billion this year as travel restrictions bite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/411c6ea7e969aee81c7c240d3341abef","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1168853013","content_text":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nRyanair shares are down about 12% since the start of the year.\n\nLONDON —Ryanairexpects this fiscal year to be “the most challenging” in its 35 year-history, the company said on Monday, as governments step up travel restrictions in an effort to containnew variants of Covid-19.\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March. It reported a net loss of 306 million euros for the three months ending in December.\n“Covid-19 continues to wreak havoc across the industry,” Ryanair said in a statement. It added that Christmas and New Year traffic “was severely impacted” by travel bans imposed on U.K. travelers in late December.\nA number of European governments decided to impose restrictions on flights leaving the U.K. before Christmas after news that a new variant of Covid-19 identified in the county was spreading quickly. This contributed to a 83% drop in traffic in the month of December for Ryanair.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nThe new year saw European governments extending or introducing lockdowns as they faced a steep surge in new infections. More recently,countries in the region have discouraged non-essential travelas they look to bring down their number of daily cases. It is currently unclear when countries will start reopening their economies and go as far as encouraging travel abroad.\nHowever, European governments are in the process of vaccinating their populations in the hope that this will allow them to return to the normal day-to-day more quickly. However, thevaccine roll-out in Europe is facing production, supply and red tape issues.\n“We take some comfort from the success of the U.K. vaccine programme, which is on target to vaccinate almost 50% of the U.K. population (30 million) by the end of March. The EU now needs to step up the slow pace of its rollout programme to match the U.K.’s performance,” Ryanair said on Monday.\nRyanair shares are down about 12% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引"}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":123708069,"gmtCreate":1624437222651,"gmtModify":1634006148285,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"<a 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18:00","market":"us","language":"en","title":"Ryanair expects a loss of over $1 billion this year as travel restrictions bite","url":"https://stock-news.laohu8.com/highlight/detail?id=1168853013","media":"cnbc","summary":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billio","content":"<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.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>Ryanair expects a loss of over $1 billion this year as travel restrictions bite</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{ 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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\">\nRyanair expects a loss of over $1 billion this year as travel restrictions bite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-01 18:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/411c6ea7e969aee81c7c240d3341abef","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/02/01/ryanair-earnings-q3-2021-1-billion-loss-expected-on-travel-disruption.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1168853013","content_text":"KEY POINTS\n\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nRyanair shares are down about 12% since the start of the year.\n\nLONDON —Ryanairexpects this fiscal year to be “the most challenging” in its 35 year-history, the company said on Monday, as governments step up travel restrictions in an effort to containnew variants of Covid-19.\nThe budget airline is on track for a net loss of between 850 million euros ($1.03 billion) and 950 million euros for its 2021 fiscal year, ending in March. It reported a net loss of 306 million euros for the three months ending in December.\n“Covid-19 continues to wreak havoc across the industry,” Ryanair said in a statement. It added that Christmas and New Year traffic “was severely impacted” by travel bans imposed on U.K. travelers in late December.\nA number of European governments decided to impose restrictions on flights leaving the U.K. before Christmas after news that a new variant of Covid-19 identified in the county was spreading quickly. This contributed to a 83% drop in traffic in the month of December for Ryanair.\nThe carrier “expects the latest lockdowns and pre-arrival Covid test requirement to materially reduce flight schedules and traffic through to Easter.”\nThe new year saw European governments extending or introducing lockdowns as they faced a steep surge in new infections. More recently,countries in the region have discouraged non-essential travelas they look to bring down their number of daily cases. It is currently unclear when countries will start reopening their economies and go as far as encouraging travel abroad.\nHowever, European governments are in the process of vaccinating their populations in the hope that this will allow them to return to the normal day-to-day more quickly. However, thevaccine roll-out in Europe is facing production, supply and red tape issues.\n“We take some comfort from the success of the U.K. vaccine programme, which is on target to vaccinate almost 50% of the U.K. population (30 million) by the end of March. The EU now needs to step up the slow pace of its rollout programme to match the U.K.’s performance,” Ryanair said on Monday.\nRyanair shares are down about 12% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"idStr":"3527667803686145","authorIdStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]发帖时关联相关股票或者相关话题，可以获得更多曝光哦～如果您想创作优质文章，请查看老虎社区创作指引"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162323794,"gmtCreate":1624035401918,"gmtModify":1634023704505,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/162323794","repostId":"2144774740","repostType":4,"repost":{"id":"2144774740","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1624030096,"share":"https://www.laohu8.com/m/news/2144774740?lang=&edition=full","pubTime":"2021-06-18 23:28","market":"us","language":"en","title":"Adobe Getting Lift From Economic Reopening Post-Pandemic","url":"https://stock-news.laohu8.com/highlight/detail?id=2144774740","media":"Investors","summary":"Software giant Adobe is benefiting as the economy reopens following the Covid-19 pandemic, a senior executive says.","content":"<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p>\n<p>The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p>\n<p>The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p>\n<p>For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p>\n<h2>ADBE Stock Rises After Earnings Report</h2>\n<p>In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p>\n<p>\"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p>\n<p>That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p>\n<p>\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p>\n<p>The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p>\n<h2>Analysts Raise Price Targets On Adobe Stock</h2>\n<p>At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p>\n<p>Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p>\n<p>\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p>\n<p>On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p>\n<p>However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</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>Adobe Getting Lift From Economic Reopening Post-Pandemic</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\">\nAdobe Getting Lift From Economic Reopening Post-Pandemic\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-06-18 23:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Software giant <b><a href=\"https://laohu8.com/S/ADBE\">Adobe</a></b> is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.</p>\n<p>The maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.</p>\n<p>The San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.</p>\n<p>For the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.</p>\n<h2>ADBE Stock Rises After Earnings Report</h2>\n<p>In morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.</p>\n<p>\"All three of our businesses — Creative Cloud, Document Cloud and <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a> Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"</p>\n<p>That momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.</p>\n<p>\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"</p>\n<p>The reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.</p>\n<h2>Analysts Raise Price Targets On Adobe Stock</h2>\n<p>At least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.</p>\n<p>Mizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.</p>\n<p>\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"</p>\n<p>On June 11, ADBE stock broke out of a 40-week&nbsp;consolidation period&nbsp;at a&nbsp;buy point&nbsp;of 536.98, according to&nbsp;IBD MarketSmith charts.</p>\n<p>However, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144774740","content_text":"Software giant Adobe is benefiting as the economy reopens as the Covid-19 pandemic wanes, a senior executive says. The company's beat-and-raise quarterly report provided proof of that. ADBE stock jumped on Friday.\nThe maker of digital media and marketing software late Thursday reported fiscal second-quarter earnings that easily topped expectations. Adobe also guided above views for the current quarter.\nThe San Jose, Calif.-based company earned an adjusted $3.03 a share on sales of $3.84 billion in the quarter ended June 4. On a year-over-year basis, Adobe earnings rose 24% while sales climbed 23%.\nFor the current quarter, Adobe expects to earn an adjusted $3 a share, up 17%, on sales of $3.88 billion, up 20%.\nADBE Stock Rises After Earnings Report\nIn morning trading on the stock market today, ADBE stock advanced 2.2%, near 563.35. Earlier in the session, ADBE stock notched a record high 570.\n\"All three of our businesses — Creative Cloud, Document Cloud and Experience Cloud — just killed it this quarter with excellent performance,\" Chief Financial Officer John Murphy told Investor's Business Daily. \"Content creation and customer experience engagement in personalized ways are resonating across all of our businesses. And it's really driving the momentum and acceleration in the business.\"\nThat momentum will continue in the company's seasonally weaker fiscal third quarter, Murphy said. The current quarter includes the summer months of June, July and August.\n\"The macroeconomic stability is giving a lot of enterprises confidence to invest again,\" Murphy said. \"Companies are prioritizing digital transformation.\"\nThe reopening of the economy and return to offices after the pandemic should provide a tailwind for Adobe's business, he said.\nAnalysts Raise Price Targets On Adobe Stock\nAt least 15 Wall Street analysts raised their price targets on ADBE stock after the earnings report.\nMizuho Securities analyst Gregg Moskowitz reiterated his buy rating on ADBE stock and upped his price target to 640 from 600.\n\"Adobe's expansive portfolio of software solutions has made it the gold standard in content creation, consumption, and collaboration,\" Moskowitz said in a note to clients. \"Adobe is very well positioned to benefit from digital transformation with its comprehensive end-to-end offering that differentiates it from competitors.\"\nOn June 11, ADBE stock broke out of a 40-week consolidation period at a buy point of 536.98, according to IBD MarketSmith charts.\nHowever, IBD Leaderboard analysis offered investors an earlier buy point of 525.54 from a cup base within the larger consolidation pattern.","news_type":1},"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184998095,"gmtCreate":1623679947017,"gmtModify":1634030175601,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184998095","repostId":"1114455344","repostType":4,"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383810266,"gmtCreate":1612863214755,"gmtModify":1703765945572,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/383810266","repostId":"1183096042","repostType":4,"isVote":1,"tweetType":1,"viewCount":168,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389597454,"gmtCreate":1612785940578,"gmtModify":1703764967485,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389597454","repostId":"1193450954","repostType":4,"isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162326896,"gmtCreate":1624035519615,"gmtModify":1634023702379,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat ah","listText":"Huat ah","text":"Huat ah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162326896","isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162328105,"gmtCreate":1624035470907,"gmtModify":1634023703443,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"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/162328105","repostId":"1103331073","repostType":4,"repost":{"id":"1103331073","kind":"news","pubTimestamp":1624029560,"share":"https://www.laohu8.com/m/news/1103331073?lang=&edition=full","pubTime":"2021-06-18 23:19","market":"fut","language":"en","title":"Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet","url":"https://stock-news.laohu8.com/highlight/detail?id=1103331073","media":"bloomberg","summary":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on ","content":"<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.</p>\n<p>Vast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.</p>\n<p>While that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.</p>\n<p>Either way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.</p>\n<p><img src=\"https://static.tigerbbs.com/98efbaaf8487a164efed6c727959a5c7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”</p>\n<p>Copper</p>\n<p>Theyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.</p>\n<p>Bulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.</p>\n<p><img src=\"https://static.tigerbbs.com/745940226f45fbf407b0a9ea989a0be7\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Iron Ore</p>\n<p>It might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.</p>\n<p>Both bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.</p>\n<p><img src=\"https://static.tigerbbs.com/a6d580e34388bde0a0fb1107839fb589\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Agriculture</p>\n<p>Showers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2e23a5f18610ffc4fb2d6982a70a67f4\" tg-width=\"1000\" tg-height=\"692\" referrerpolicy=\"no-referrer\"><span>Showers are set to span the U.S. Corn Belt on Saturday</span></p>\n<p>It’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.</p>\n<p>Oil</p>\n<p>Focus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.</p>\n<p>For now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.</p>\n<p>Gold</p>\n<p>Bullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.</p>\n<p><img src=\"https://static.tigerbbs.com/06544f6db5b2c483c4ee6c03141f9d21\" tg-width=\"930\" tg-height=\"523\" referrerpolicy=\"no-referrer\"></p>\n<p>Although the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Commodities Bulls Nurse Their Wounds But Fight’s Not Over Yet</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\">\nCommodities Bulls Nurse Their Wounds But Fight’s Not Over Yet\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet\">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.bloomberg.com/news/articles/2021-06-18/commodities-bulls-nurse-their-wounds-but-fight-s-not-over-yet","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103331073","content_text":"The commodities boom has taken a knock this month, and while there are many reasons to still bet on a so-called supercyle, it’s unlikely to be plain sailing.\nVast amounts of stimulus, economies reopening from the pandemic and strong Chinese demand have driven a surge in raw-material prices this year, some to record highs. Yet they’ve slumped in the past two weeks -- with somewiping outgains for the year -- on a more hawkish U.S. monetary policy tone, China’s bid to cool inflation pressures and better weather for crops.\nWhile that’s blown away some of the speculative froth from the market, the big question is whether the latest commodities bull run has passed its peak or is just taking a breather.\nEither way, the direction may not be broad based, with each market having its own individual levers pushing and pulling. Copper traders need to balance a short-term cooling in China with long-termgreen-energy prospects. Oil’s dip could be limited by falling stockpiles and supply concerns, iron ore is being whipsawed by Chinese policies, while gold will largely be at the mercy of when Federal Reserve tapering starts.\n\n“I can still see a lot of inflationary pressures in the supply chain, and the reality is that it’s going up,” said Michael Widmer, head of metals research at Bank of America Merrill Lynch in London. “From a commodity-price perspective, I can see the structural argument still for prices to stay elevated or go higher going forward.”\nCopper\nTheyear-longrally to a record in May was sparked by surging Chinese demand, but there are signs orders from manufacturers are starting to wane.\nBulls are confident that the rest of the world will pick up the slack as renewable energy and electric-vehicle investment creates a step-change in demand in Europe and North America. Still, it could be a while before that spending makes its way to factory order books, and softer demand in the meantime could embolden bears who say current high prices aren’t justified by fundamentals.\nIron Ore\nIt might be particularly hard to predict the trajectory for iron ore, themost volatilecommodity right now. It surged to a record, collapsed into a bear market and then rebounded back into a bull market within a matter of weeks traders grappled with the murky outlook for demand in top consumer China.\nBoth bulls and bears are keeping a close eye on China’s simultaneous goals to contain the inflationary pressures stemming from high commodity prices and to make its vast steel sector greener. The country’s steel output is still on track to smashanother recordthis year, which might prompt further actions from authorities to restrict production and whipsaw iron ore yet again.\nAgriculture\nShowers across the U.S. corn belt and uncertainty over biofuel policy have helped send crop markets tumbling lately, but much more rain will be needed to ensure bumper harvests in one of the world’s top suppliers. More than a third of America’s corn and soybean area is suffering fromdrought, afterrecord-breakingheatwaves.\nShowers are set to span the U.S. Corn Belt on Saturday\nIt’s a China story on the demand side, with the nation’s huge imports sending crop and hog futures soaring in the past year. Major traders like Cargill Inc. and Viterra say crop markets are in a “mini-supercycle” that could last half a decade, driven by increased biofuel demand and continued Chinese buying.\nOil\nFocus is already turning to how sharply demand will recover over the summer. While there are signs the U.S. is leading the way as western economies reopen, the spread of the delta variant of the coronavirus, first identified in India, is raising renewed concern about the path for consumption in parts of Asia.\nFor now, it looks as though the market is going to need extra supply in the second half of the year. The OPEC+ group is yet to confirm plans for production beyond July, while U.S. shale producers continue to preach discipline as they’remaking moneyagain. All the more reason then, that the focus is so intense on when the market will see Iranian supply return astalks with the U.S.continue.\nGold\nBullion is more susceptible to Federal Reserve actions than perhaps any other commodity. It tumbled to the lowest since early May after the U.S. central bank signaledmonetary policy tighteningcould start earlier than expected and the dollar jumped.\n\nAlthough the precious metal is often bought as a hedge against inflation, the Fed signaled this week that higher-than-expected inflation would not be allowed to persist, opening up the door for faster stimulus tapering. That weighs on the appeal of non-interest bearing gold. UBS Group AG forecasts prices at $1,600 an ounce by year-end, compared with about $1,780 now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184992134,"gmtCreate":1623679991928,"gmtModify":1634030173734,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184992134","repostId":"2143787703","repostType":4,"repost":{"id":"2143787703","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":"T-Reuters","id":"1086160438","head_image":"https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5"},"pubTimestamp":1623678327,"share":"https://www.laohu8.com/m/news/2143787703?lang=&edition=full","pubTime":"2021-06-14 21:45","market":"us","language":"en","title":"Recon Technology Announces Pricing Of $55 Mln Registered Direct Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2143787703","media":"T-Reuters","summary":"Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.","content":"<p>Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.Recon Technology - Agreed To Sell 8.8 Million Class A Ordinary Shares Or Pre-Funded Warrants In Lieu Thereof.Recon Technology Ltd - Agreed To Sell Warrants To Purchase Up To 8.8 Million Class A Ordinary Shares In A Concurrent Private Placement Transaction.</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>Recon Technology Announces Pricing Of $55 Mln Registered Direct Offering</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\">\nRecon Technology Announces Pricing Of $55 Mln Registered Direct Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1086160438\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/a113a995fbbc262262d15a5ce37e7bc5);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">T-Reuters </p>\n<p class=\"h-time\">2021-06-14 21:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.Recon Technology - Agreed To Sell 8.8 Million Class A Ordinary Shares Or Pre-Funded Warrants In Lieu Thereof.Recon Technology Ltd - Agreed To Sell Warrants To Purchase Up To 8.8 Million Class A Ordinary Shares In A Concurrent Private Placement Transaction.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RCON":"研控科技"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143787703","content_text":"Recon Technology Ltd:Recon Technology Announces Pricing Of $55.0 Million Registered Direct Offering.Recon Technology - Agreed To Sell 8.8 Million Class A Ordinary Shares Or Pre-Funded Warrants In Lieu Thereof.Recon Technology Ltd - Agreed To Sell Warrants To Purchase Up To 8.8 Million Class A Ordinary Shares In A Concurrent Private Placement Transaction.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184991441,"gmtCreate":1623679935783,"gmtModify":1634030175823,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Wow such cool","listText":"Wow such cool","text":"Wow such cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184991441","repostId":"1146430910","repostType":4,"isVote":1,"tweetType":1,"viewCount":238,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":103294444,"gmtCreate":1619785016188,"gmtModify":1634209963357,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Suk my dik faggitt pltr to the moon","listText":"Suk my dik faggitt pltr to the moon","text":"Suk my dik faggitt pltr to the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/103294444","repostId":"1109095619","repostType":2,"repost":{"id":"1109095619","kind":"news","pubTimestamp":1619403046,"share":"https://www.laohu8.com/m/news/1109095619?lang=&edition=full","pubTime":"2021-04-26 10:10","market":"us","language":"en","title":"Palantir Technologies: Valuing A Company Of No Profitability","url":"https://stock-news.laohu8.com/highlight/detail?id=1109095619","media":"seekingalpha","summary":"Palantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.Palantir’s Government segment is a pipeline for long-term, low-risk deferred income, while the Commercial segment is like a high-margin corporate option waiting to be exercised.At this point, the Commercial segment future growth needs Microsoft, Amazon, or Google ecosystem’s investments much more than Cathie Wood’s investments.At this point, investors value Palantir's growth more than its p","content":"<p><b>Summary</b></p>\n<ul>\n <li>Palantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.</li>\n <li>Palantir’s Government segment is a pipeline for long-term, low-risk deferred income, while the Commercial segment is like a high-margin corporate option waiting to be exercised.</li>\n <li>At this point, the Commercial segment future growth needs Microsoft, Amazon, or Google ecosystem’s investments much more than Cathie Wood’s investments.</li>\n <li>At this point, investors value Palantir's growth more than its profitability.</li>\n <li>As a result, Palantir's shares may be fairly valued between $28 and $33.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06e6a347ac17f2da9b9a7761d1c8285f\" tg-width=\"416\" tg-height=\"416\"><span>Photo by Turqay Melikli/iStock via Getty Images</span></p>\n<p>Since the beginning of COVID, the use of Palantir Technologies’ (NASDAQ: PLTR) (“Palantir”) software for contact tracing has bolstered adoption for supply-chain analysis. It is reasonably expected the product demand will remain a boon beyond the pandemic. Palantir’s products have also been deployed in&nbsp;intelligence gathering,compliance, and risk management after recent state-sponsored cyberattacks, which may remain a company’s low-risk growth from Government segment sales.</p>\n<p>That being said, with just over&nbsp;100 customers&nbsp;and practically no earnings to speak for, PLTR surged more than 250% in just three months out of the IPO gate. The stock price movement fits the build of a textbook bubble stock. PLTR also gives me a good opportunity to value a young, bubble-like performing stock with no meaningful profitability in sight.</p>\n<p><b>Government Contracts Provide Pipeline Revenue</b></p>\n<p>Palantir's remaining performance obligations (RPO) and deferred revenue are driven by multiyear government contract (Table 1). Government contracts typically have (1) long sales cycles, (2) lower margin but multiyear terms, and (3) predictable cash flow. But the open bidding process will often keep the government contract margins lower than the commercial contracts. For example, while not reported, I was able to impute that Palantir’s Government segment gross margin is usually around 38% vs. Commercial segment's 56% (Table 2). However, the longer contract periods(3-5 years)and steady revenue serve as a “cash flow pipeline” for young company like Palantir to reduce business risk. For a less than 1-year old IPO, compared with the peers, Palantir has a larger portion (59%) of their revenue from the low-risk, “sticky” government contracts.</p>\n<p><b>Table 1: Palantir Government Agency Customers (Bloomberg)</b></p>\n<p><img src=\"https://static.tigerbbs.com/a3dea5e3a499ea3ef38094a6fa9f5457\" tg-width=\"640\" tg-height=\"291\"><img src=\"https://static.tigerbbs.com/25536f1ac68e71ec9488855a12fd99b9\" tg-width=\"622\" tg-height=\"183\"></p>\n<p><b>Average Revenue Per Customer 4 Times of Peers</b></p>\n<p>Though Palantir still has a niche customer base, the company has done a solid job expanding sales among existing clients. With&nbsp;139&nbsp;customers, its average revenue per customer of $6-$8 million (Figure 1A) in 2020 was about 4-5x above most enterprise-software makers that sell to large corporations (Figure 1B). The average revenue per top 20 customers rose from $25 million to $34 million in a year. Most of the company's government customers have likely standardized their analytics on&nbsp;Palantir's Gotham product, aiding the average contract value. So far, the company has kept&nbsp;a high gross-retention&nbsp;and net-expansion rate in its niche base, of about 139 customers. This is reflected in its large annual-contract values at existing customers, particularly those in the top 20.</p>\n<p><img src=\"https://static.tigerbbs.com/95816c7695dedfcd8b14fe9798740569\" tg-width=\"640\" tg-height=\"348\"><img src=\"https://static.tigerbbs.com/aee2e5e2cdcb80e125b3d5476371fad8\" tg-width=\"640\" tg-height=\"324\"></p>\n<p><b>Table 3: Palantir Commercial Customers (Bloomberg Partial List)</b></p>\n<p><img src=\"https://static.tigerbbs.com/4ecaf4feeefca0ecc8517f31d6f4b068\" tg-width=\"640\" tg-height=\"369\"></p>\n<p>Palantir's the top-three clients represent about 30% of sales (Table 1), making the company different from the enterprise software peers. Although, government agencies and large defense companies the primary users of its software, the company’s count of customers is still&nbsp;far lowervs. most high-growth cloud software peers (Figure 1D), including ServiceNow (NYSE: NOW) and CrowdStrike (CRWD), which also focus on large enterprises and have some exposure to government customers. Structurally, the company's concentration on government customers creates more risk around a longer sales cycle vs. other software peers. Therefore, Palantir's near-term top-line view may benefit from a strong government demand in big data offerings, the pace of customer additions could improve significantly from the adds of commercial customers which have&nbsp;faster deployments.</p>\n<p><b>Figure 1D: Customer Counts vs. Peers</b></p>\n<p><img src=\"https://static.tigerbbs.com/4dec7cfb29b09a440a8f7e680c202571\" tg-width=\"640\" tg-height=\"379\"></p>\n<p>In the short term, Palantir's revenue momentum continues to be helped mainly by the Government contract awards, where y/y growth could exceed&nbsp;<b>40%</b>in 4Q (Fig 1A). As a result, Palantir's increased in top-line guidance to&nbsp;<b>44%</b>&nbsp;growth for 2020 from the better-than-expected performance in its Government segment. It should be noted that the company may have enjoyed the short-term predictability of deferred income from government customers. But the heavy concentration on a handful large clients may become serious inherent&nbsp;business risk&nbsp;in the long run.</p>\n<p>Palantir still has a small portion of the revenue contribution from its cloud offering, while Professional services is a much greater portion of the company's sales mix compared with software peers, which use system integrators for implementation work, with services about 5% of total sales (estimated by Bloomberg's&nbsp;Mandeep Singh).</p>\n<p><img src=\"https://static.tigerbbs.com/f93659452a4478939e69f11843e8e172\" tg-width=\"640\" tg-height=\"317\"></p>\n<p><b>Commercial Adoptions Drive Sales Momentum</b></p>\n<p>Pretty soon, Palantir’s sustainable growth needs to be produced by an acceleration at the Commercial unit which has the advantage of a shorter sales cycle for Palantir's Foundry product. This demand from the enterprise clients is mainly driven by expanding use cases for supply chains, contract tracing, and cybersecurity, though some of the new, large deals are still with the Pentagon, the U.S. Food and Drug Administration, and Rio Tinto (Table 1).</p>\n<p>In the last few&nbsp;Demo Days, ramp-up of commercial segment has been an obvious major focus. Management recognizes the urgency to give whatever it got to sustain the 50%-plus overall revenue growth to retain a valuation multiple of over 40x EV-to-forward sales.</p>\n<p>The company's direct sales-force expansion and use of dedicated account reps could help shorten its sales cycle and boost top-line growth in its Commercial business, where revenue grew only&nbsp;35% vs. 68%&nbsp;in Government. The company realizes that the bottleneck the commercial growth relies on the shorter deployment times and expanding use cases around contract tracing, supply-chain analysis, and cybersecurity. These are key to expansion in industries such as health care. Unlike cloud analytics rivals Snowflake (SNOW) and MongoDB (MDB), Palantir&nbsp;lacks a recurring subscription model.</p>\n<p>Palantir's Commercial segment growth slowed to 4% in the quarter despite multiyear contract wins, likely due to some delay in order closings. The company has a good chance of gaining customers through referrals and shortening its sales cycle given its recent marquee wins at companies including PG&amp;E(NYSE:PCG)and Rio Tinto(NYSE:RIO). However, while the Commercial segment growth is the key to sales momentum, it is limited by the several factors.</p>\n<p>First, Palantir does not have a “partner ecosystem or integrators”with other cloud providers. This may make it hard for Palantir to improve its win rates against analytics offerings from pure-play rivals such as Tableau (salesforce.com(NYSE:CRM)) and Qlik, as well as hyperscale-cloud vendors including Microsoft (MSFT) and&nbsp;Amazon.com&nbsp;(NASDAQ:AMZN). In Palantir's demo day, it is clear that its visualization capabilities are superior to other analytics providers such as Snowflake, Splunk (SPLK), and MongoDB. Palantir can leverage its proprietary datasets to shortening deployment times which could help broaden its potential uses and diversify the customer base. But, a lack of deployment options on public clouds such as Amazon AWS may continue to limit Palantir's enterprise adoption. Further, Palantir's addressable market could be limited by its software products' specialized uses around defense, terrorism threats, cybersecurity, and fraud detection. As Palantir expands functionality in its Apollo offering, the company may be able to accelerate sales growth in its Commercial segment (Bloomberg’s Anurag Rana).</p>\n<p>Second, Palantir's partnerships with system integrators including IBM (IBM) and Fujitsu (OTCPK:FJTSF) will be key to faster growth in its Commercial segment, where the addressable market is likely bigger than its core Government segment. As Palantir has opened up its platform to make it easy for&nbsp;third-party developers&nbsp;to build custom apps, we believe that could help expand uses for its software in areas such as compliance and risk management. The company's recent&nbsp;alliance with IBM&nbsp;may be especially useful for expansion at health-care and financial-services customers, where Palantir could displace legacy analytics offerings fromrivalssuch as SAP&nbsp;(NYSE:SAP), Oracle&nbsp;(NYSE:ORCL), and MicroStrategy&nbsp;(NASDAQ:MSTR).</p>\n<p>The commercial segment is currently about&nbsp;44%&nbsp;of Palantir's sales, around $482 million in 2020, suggesting plenty of runway given the large market potential for analytics software. With&nbsp;over 50% of RPO recognized&nbsp;as revenue over the next year, the company will need to substantially expand the commercial segment's customer base and shorten its sales cycle to improve pipeline visibility beyond 2021.</p>\n<p><b>Margin Leveraging Helps But Not Critical</b></p>\n<p>Palantir’s gross margin and contribution margin have improved to81%and 54% in 2020, aided by the sales growth from higher average revenue per customer and large multiyear contracts (Figure 1B). The Commercial gross-margin profile is 18% better than that of its own Government segment (Table 2). It is also better than other government IT-services providers such as Leidos(NYSE:LDOS),SAIC&nbsp;and&nbsp;CACI(Figure 3).</p>\n<p><img src=\"https://static.tigerbbs.com/05ebdb3ebc930083aea60ce52d272e6f\" tg-width=\"640\" tg-height=\"263\"></p>\n<p>But, it trails cloud cybersecurity peers such as CrowdStrike and Zscaler. Palantir's reliance on professional services for deploying its software will likely&nbsp;limit its operating leverage potential.While not disclosed, Palantir&nbsp;may have&nbsp;a higher portion of professional-services sales than cloud peers given the customizations required for deploying its software, which may constrain margin improvement in the next few years.</p>\n<p>Forward-looking, Bloomberg's street consensus suggests that gross margin may remain 75-80% in 1Q, but better 81%-85%in 2021 and on (Figure 1B). This may be driven by a higher contribution from its software products vs. professional services. Operating margin, which improved through 1H this year, could be aided by lower marketing expenses. And Q1 may be the first quarter that operating margin may turn profitable over 20% (Figure 1B). The improvement in Palantir's gross and operating margin can be attributed to ”margin leverage” from the acceleration in the company's Government segment sales, where growth doubled from 2019 to 2020 (Figure 2).</p>\n<p><img src=\"https://static.tigerbbs.com/7c17d6cd584af5045c09f3cbb232ac18\" tg-width=\"640\" tg-height=\"335\"></p>\n<p>While expanded hiring and investments in ramping up its direct salesforce may continue to limit margin expansion for the Commercial segment, recent wins at large enterprise customers such as&nbsp;PG&amp;E and Rio Tinto could drive more referral customers, while Palantir's alliances with system integrators such as IBM and Fujitsu may bolster indirect channels sales. Palantir's accelerated pace in new multiyear contracts, including&nbsp;a five-year $89.9 million one&nbsp;with the National Nuclear Security Administration, suggests to us the company's sales cycle is becoming shorter and its go-to-market strategy may be helped by more reference customers. Unlike cloud-software providers that have high revenue predictability amid a recurring subscription model,Bloomberg estimated&nbsp;that Palantir could require at least 40% of sales from new customers to achieve its goal of $4 billion in revenue by 2025.</p>\n<p><b>Revenue Growth, Not Margins, May Drive Share Valuation</b></p>\n<p>Without meaningful profit in sight, it is not realistic to value Palantir’s shares with earnings or cash flow estimates. Since the 2-year old, Denver-based, company needs to “prove” the worth of its government-heavy business model, investors should have and may have watched more of its sales growth than profitability. Previously, Palantir’s IPO valuation was about&nbsp;$18-22 billion&nbsp;at P/S multiple 13-18x, assuming top-line growth of at least 30% next year. This is around the valuation the company received in its last private funding round. From above, the street may think that Palantir could find it hard to sustain top-line growth of over 40% for the next few years (Figure 1A).</p>\n<p>In the end, consensus suggests that Palantir's near-term revenue growth next two years could be about 27%-45%, a wide range reflecting the uncertainty tied to its reliance on larger deployments at few customers and a longer sales cycle for the company's products vs. other cloud competitors. Top-line growths might taper over the next two to three years from high-40% to low-30%, compared with 40% annual-recurring-revenue growth for cloud peers such as CrowdStrike, Okta (OKTA), and Zscaler (Figure 1A).</p>\n<p><b>Sales Franchise Share Valuation</b></p>\n<p>Based on the relative importance of sales growth over margin, I elect to use a&nbsp;sales-based model&nbsp;as follows:</p>\n<p><b>Pi= P/S*ix Si</b></p>\n<p>Piis the value of the segment “i” and P/S*iis the “fair sales multiple” and Siis the segment “i” revenue. The total market capitalization, or stock price per share, is the sum of all the individual segment valuations. (If you are not interested in the technical part of the valuation, please skip this section.)</p>\n<p>It is important to note that, in contrast to the convention of applying a historical or constant P/S to the valuation, the fair P/S multiple will vary from stock to stock and from time to time. The fair P/S multiple should&nbsp;<b>reflect the expected long-term revenue growth</b>&nbsp;and incremental margin for the stock. On the same token, historical P/S and margin rarely repeat themselves, as most do not have same sales growth and profitability over time. Thus, a fair P/S should be determined by the expected sales growth for the long run. Under this context, I use the Sales Franchise Value Model (SFV) to convert the forward-looking fundamentals into share values:</p>\n<p><img src=\"https://static.tigerbbs.com/d066940531f136c02e169bd8ea5f3143\" tg-width=\"447\" tg-height=\"221\"></p>\n<p>The&nbsp;SFV model&nbsp;computes two parts of the stock value. The first part includes the market value for constant growth profitability. The second portion is the excess profit growth over shareholders’ expectations. This is a model to produce a stock valuation which reflects both future revenue growth and margin changes.</p>\n<p>In estimating the future price-to-sales multiples, I relied mainly on the street forecast financials in Figure 1A and Figure 1B. The gross margins I used range from 80%-84% as predicted by the Street for the next 2 years. The most sensitive factor is the revenue growth rates which are assumed to fluctuate between 9% and 12%, conservatively lower than the Street’s short-term estimates of 27%-45% (Figure 1A). The discount rate has been raised from 12% to 13% to reflect the rising yield effect.</p>\n<p>Given the various forecasts, the fair value P* for PLTR ranges, theoretically, from $18 to $68. But, it is clear that fair value really does not move that much with margin levels. This somewhat confirms the notion that PLTR share values are not sensitive to profitability or lack of it at this point of time. More interestingly, there is a “reasonable range” of fair value estimates between $24 and $34. Because SFV is a sales growth model, the fair value is much more sensitive to the long-term growth rate assumed.</p>\n<p>As over 50% of Palantir’s revenue is from the sticky Government contracts with more recent new awards, a 10.5%-11% long-term growth rate seems a reasonably conservative assumption. If you agree with my estimates, the SFV valuation model computes&nbsp;<b>$28-$33</b>&nbsp;fair value range for PLTR (Table 4)</p>\n<p><img src=\"https://static.tigerbbs.com/05cd4c99631824245ed8b1159d96af74\" tg-width=\"640\" tg-height=\"195\"></p>\n<p><b>Takeaways</b></p>\n<p>With just over 100 customers and practically no earnings to speak for, shares of Palantir Technologies surged more than 250% in just 3 months out of the IPO gate. The erratic stock price movement fits the build of a textbook bubble stock. On one hand, Palantir is blessed by the large revenue contribution from steady multiyear government contracts which serve as a pipeline for long-term low-risk income. On the other hand, Palantir’s growth is limited by the absence of a commercial Cloud ecosystem which is the key for future share appreciation. At this early stage, as the growth opportunity is more important to investors than the company’s profitability, PLTR may be fairly valued between&nbsp;<b>$28-$33.</b></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir Technologies: Valuing A Company Of No Profitability</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir Technologies: Valuing A Company Of No Profitability\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 10:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4421171-palantir-technologies-stock-pltr-valuing-company-of-no-profitability><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPalantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.\nPalantir’s Government segment is a pipeline for long-term, low-risk deferred income...</p>\n\n<a href=\"https://seekingalpha.com/article/4421171-palantir-technologies-stock-pltr-valuing-company-of-no-profitability\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4421171-palantir-technologies-stock-pltr-valuing-company-of-no-profitability","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1109095619","content_text":"Summary\n\nPalantir presents a good opportunity to value a bubble-like stock with no meaningful company profitability.\nPalantir’s Government segment is a pipeline for long-term, low-risk deferred income, while the Commercial segment is like a high-margin corporate option waiting to be exercised.\nAt this point, the Commercial segment future growth needs Microsoft, Amazon, or Google ecosystem’s investments much more than Cathie Wood’s investments.\nAt this point, investors value Palantir's growth more than its profitability.\nAs a result, Palantir's shares may be fairly valued between $28 and $33.\n\nPhoto by Turqay Melikli/iStock via Getty Images\nSince the beginning of COVID, the use of Palantir Technologies’ (NASDAQ: PLTR) (“Palantir”) software for contact tracing has bolstered adoption for supply-chain analysis. It is reasonably expected the product demand will remain a boon beyond the pandemic. Palantir’s products have also been deployed in intelligence gathering,compliance, and risk management after recent state-sponsored cyberattacks, which may remain a company’s low-risk growth from Government segment sales.\nThat being said, with just over 100 customers and practically no earnings to speak for, PLTR surged more than 250% in just three months out of the IPO gate. The stock price movement fits the build of a textbook bubble stock. PLTR also gives me a good opportunity to value a young, bubble-like performing stock with no meaningful profitability in sight.\nGovernment Contracts Provide Pipeline Revenue\nPalantir's remaining performance obligations (RPO) and deferred revenue are driven by multiyear government contract (Table 1). Government contracts typically have (1) long sales cycles, (2) lower margin but multiyear terms, and (3) predictable cash flow. But the open bidding process will often keep the government contract margins lower than the commercial contracts. For example, while not reported, I was able to impute that Palantir’s Government segment gross margin is usually around 38% vs. Commercial segment's 56% (Table 2). However, the longer contract periods(3-5 years)and steady revenue serve as a “cash flow pipeline” for young company like Palantir to reduce business risk. For a less than 1-year old IPO, compared with the peers, Palantir has a larger portion (59%) of their revenue from the low-risk, “sticky” government contracts.\nTable 1: Palantir Government Agency Customers (Bloomberg)\n\nAverage Revenue Per Customer 4 Times of Peers\nThough Palantir still has a niche customer base, the company has done a solid job expanding sales among existing clients. With 139 customers, its average revenue per customer of $6-$8 million (Figure 1A) in 2020 was about 4-5x above most enterprise-software makers that sell to large corporations (Figure 1B). The average revenue per top 20 customers rose from $25 million to $34 million in a year. Most of the company's government customers have likely standardized their analytics on Palantir's Gotham product, aiding the average contract value. So far, the company has kept a high gross-retention and net-expansion rate in its niche base, of about 139 customers. This is reflected in its large annual-contract values at existing customers, particularly those in the top 20.\n\nTable 3: Palantir Commercial Customers (Bloomberg Partial List)\n\nPalantir's the top-three clients represent about 30% of sales (Table 1), making the company different from the enterprise software peers. Although, government agencies and large defense companies the primary users of its software, the company’s count of customers is still far lowervs. most high-growth cloud software peers (Figure 1D), including ServiceNow (NYSE: NOW) and CrowdStrike (CRWD), which also focus on large enterprises and have some exposure to government customers. Structurally, the company's concentration on government customers creates more risk around a longer sales cycle vs. other software peers. Therefore, Palantir's near-term top-line view may benefit from a strong government demand in big data offerings, the pace of customer additions could improve significantly from the adds of commercial customers which have faster deployments.\nFigure 1D: Customer Counts vs. Peers\n\nIn the short term, Palantir's revenue momentum continues to be helped mainly by the Government contract awards, where y/y growth could exceed 40%in 4Q (Fig 1A). As a result, Palantir's increased in top-line guidance to 44% growth for 2020 from the better-than-expected performance in its Government segment. It should be noted that the company may have enjoyed the short-term predictability of deferred income from government customers. But the heavy concentration on a handful large clients may become serious inherent business risk in the long run.\nPalantir still has a small portion of the revenue contribution from its cloud offering, while Professional services is a much greater portion of the company's sales mix compared with software peers, which use system integrators for implementation work, with services about 5% of total sales (estimated by Bloomberg's Mandeep Singh).\n\nCommercial Adoptions Drive Sales Momentum\nPretty soon, Palantir’s sustainable growth needs to be produced by an acceleration at the Commercial unit which has the advantage of a shorter sales cycle for Palantir's Foundry product. This demand from the enterprise clients is mainly driven by expanding use cases for supply chains, contract tracing, and cybersecurity, though some of the new, large deals are still with the Pentagon, the U.S. Food and Drug Administration, and Rio Tinto (Table 1).\nIn the last few Demo Days, ramp-up of commercial segment has been an obvious major focus. Management recognizes the urgency to give whatever it got to sustain the 50%-plus overall revenue growth to retain a valuation multiple of over 40x EV-to-forward sales.\nThe company's direct sales-force expansion and use of dedicated account reps could help shorten its sales cycle and boost top-line growth in its Commercial business, where revenue grew only 35% vs. 68% in Government. The company realizes that the bottleneck the commercial growth relies on the shorter deployment times and expanding use cases around contract tracing, supply-chain analysis, and cybersecurity. These are key to expansion in industries such as health care. Unlike cloud analytics rivals Snowflake (SNOW) and MongoDB (MDB), Palantir lacks a recurring subscription model.\nPalantir's Commercial segment growth slowed to 4% in the quarter despite multiyear contract wins, likely due to some delay in order closings. The company has a good chance of gaining customers through referrals and shortening its sales cycle given its recent marquee wins at companies including PG&E(NYSE:PCG)and Rio Tinto(NYSE:RIO). However, while the Commercial segment growth is the key to sales momentum, it is limited by the several factors.\nFirst, Palantir does not have a “partner ecosystem or integrators”with other cloud providers. This may make it hard for Palantir to improve its win rates against analytics offerings from pure-play rivals such as Tableau (salesforce.com(NYSE:CRM)) and Qlik, as well as hyperscale-cloud vendors including Microsoft (MSFT) and Amazon.com (NASDAQ:AMZN). In Palantir's demo day, it is clear that its visualization capabilities are superior to other analytics providers such as Snowflake, Splunk (SPLK), and MongoDB. Palantir can leverage its proprietary datasets to shortening deployment times which could help broaden its potential uses and diversify the customer base. But, a lack of deployment options on public clouds such as Amazon AWS may continue to limit Palantir's enterprise adoption. Further, Palantir's addressable market could be limited by its software products' specialized uses around defense, terrorism threats, cybersecurity, and fraud detection. As Palantir expands functionality in its Apollo offering, the company may be able to accelerate sales growth in its Commercial segment (Bloomberg’s Anurag Rana).\nSecond, Palantir's partnerships with system integrators including IBM (IBM) and Fujitsu (OTCPK:FJTSF) will be key to faster growth in its Commercial segment, where the addressable market is likely bigger than its core Government segment. As Palantir has opened up its platform to make it easy for third-party developers to build custom apps, we believe that could help expand uses for its software in areas such as compliance and risk management. The company's recent alliance with IBM may be especially useful for expansion at health-care and financial-services customers, where Palantir could displace legacy analytics offerings fromrivalssuch as SAP (NYSE:SAP), Oracle (NYSE:ORCL), and MicroStrategy (NASDAQ:MSTR).\nThe commercial segment is currently about 44% of Palantir's sales, around $482 million in 2020, suggesting plenty of runway given the large market potential for analytics software. With over 50% of RPO recognized as revenue over the next year, the company will need to substantially expand the commercial segment's customer base and shorten its sales cycle to improve pipeline visibility beyond 2021.\nMargin Leveraging Helps But Not Critical\nPalantir’s gross margin and contribution margin have improved to81%and 54% in 2020, aided by the sales growth from higher average revenue per customer and large multiyear contracts (Figure 1B). The Commercial gross-margin profile is 18% better than that of its own Government segment (Table 2). It is also better than other government IT-services providers such as Leidos(NYSE:LDOS),SAIC and CACI(Figure 3).\n\nBut, it trails cloud cybersecurity peers such as CrowdStrike and Zscaler. Palantir's reliance on professional services for deploying its software will likely limit its operating leverage potential.While not disclosed, Palantir may have a higher portion of professional-services sales than cloud peers given the customizations required for deploying its software, which may constrain margin improvement in the next few years.\nForward-looking, Bloomberg's street consensus suggests that gross margin may remain 75-80% in 1Q, but better 81%-85%in 2021 and on (Figure 1B). This may be driven by a higher contribution from its software products vs. professional services. Operating margin, which improved through 1H this year, could be aided by lower marketing expenses. And Q1 may be the first quarter that operating margin may turn profitable over 20% (Figure 1B). The improvement in Palantir's gross and operating margin can be attributed to ”margin leverage” from the acceleration in the company's Government segment sales, where growth doubled from 2019 to 2020 (Figure 2).\n\nWhile expanded hiring and investments in ramping up its direct salesforce may continue to limit margin expansion for the Commercial segment, recent wins at large enterprise customers such as PG&E and Rio Tinto could drive more referral customers, while Palantir's alliances with system integrators such as IBM and Fujitsu may bolster indirect channels sales. Palantir's accelerated pace in new multiyear contracts, including a five-year $89.9 million one with the National Nuclear Security Administration, suggests to us the company's sales cycle is becoming shorter and its go-to-market strategy may be helped by more reference customers. Unlike cloud-software providers that have high revenue predictability amid a recurring subscription model,Bloomberg estimated that Palantir could require at least 40% of sales from new customers to achieve its goal of $4 billion in revenue by 2025.\nRevenue Growth, Not Margins, May Drive Share Valuation\nWithout meaningful profit in sight, it is not realistic to value Palantir’s shares with earnings or cash flow estimates. Since the 2-year old, Denver-based, company needs to “prove” the worth of its government-heavy business model, investors should have and may have watched more of its sales growth than profitability. Previously, Palantir’s IPO valuation was about $18-22 billion at P/S multiple 13-18x, assuming top-line growth of at least 30% next year. This is around the valuation the company received in its last private funding round. From above, the street may think that Palantir could find it hard to sustain top-line growth of over 40% for the next few years (Figure 1A).\nIn the end, consensus suggests that Palantir's near-term revenue growth next two years could be about 27%-45%, a wide range reflecting the uncertainty tied to its reliance on larger deployments at few customers and a longer sales cycle for the company's products vs. other cloud competitors. Top-line growths might taper over the next two to three years from high-40% to low-30%, compared with 40% annual-recurring-revenue growth for cloud peers such as CrowdStrike, Okta (OKTA), and Zscaler (Figure 1A).\nSales Franchise Share Valuation\nBased on the relative importance of sales growth over margin, I elect to use a sales-based model as follows:\nPi= P/S*ix Si\nPiis the value of the segment “i” and P/S*iis the “fair sales multiple” and Siis the segment “i” revenue. The total market capitalization, or stock price per share, is the sum of all the individual segment valuations. (If you are not interested in the technical part of the valuation, please skip this section.)\nIt is important to note that, in contrast to the convention of applying a historical or constant P/S to the valuation, the fair P/S multiple will vary from stock to stock and from time to time. The fair P/S multiple should reflect the expected long-term revenue growth and incremental margin for the stock. On the same token, historical P/S and margin rarely repeat themselves, as most do not have same sales growth and profitability over time. Thus, a fair P/S should be determined by the expected sales growth for the long run. Under this context, I use the Sales Franchise Value Model (SFV) to convert the forward-looking fundamentals into share values:\n\nThe SFV model computes two parts of the stock value. The first part includes the market value for constant growth profitability. The second portion is the excess profit growth over shareholders’ expectations. This is a model to produce a stock valuation which reflects both future revenue growth and margin changes.\nIn estimating the future price-to-sales multiples, I relied mainly on the street forecast financials in Figure 1A and Figure 1B. The gross margins I used range from 80%-84% as predicted by the Street for the next 2 years. The most sensitive factor is the revenue growth rates which are assumed to fluctuate between 9% and 12%, conservatively lower than the Street’s short-term estimates of 27%-45% (Figure 1A). The discount rate has been raised from 12% to 13% to reflect the rising yield effect.\nGiven the various forecasts, the fair value P* for PLTR ranges, theoretically, from $18 to $68. But, it is clear that fair value really does not move that much with margin levels. This somewhat confirms the notion that PLTR share values are not sensitive to profitability or lack of it at this point of time. More interestingly, there is a “reasonable range” of fair value estimates between $24 and $34. Because SFV is a sales growth model, the fair value is much more sensitive to the long-term growth rate assumed.\nAs over 50% of Palantir’s revenue is from the sticky Government contracts with more recent new awards, a 10.5%-11% long-term growth rate seems a reasonably conservative assumption. If you agree with my estimates, the SFV valuation model computes $28-$33 fair value range for PLTR (Table 4)\n\nTakeaways\nWith just over 100 customers and practically no earnings to speak for, shares of Palantir Technologies surged more than 250% in just 3 months out of the IPO gate. The erratic stock price movement fits the build of a textbook bubble stock. On one hand, Palantir is blessed by the large revenue contribution from steady multiyear government contracts which serve as a pipeline for long-term low-risk income. On the other hand, Palantir’s growth is limited by the absence of a commercial Cloud ecosystem which is the key for future share appreciation. At this early stage, as the growth opportunity is more important to investors than the company’s profitability, PLTR may be fairly valued between $28-$33.","news_type":1},"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381552832,"gmtCreate":1612971804626,"gmtModify":1703767842403,"author":{"id":"3553069110198159","authorId":"3553069110198159","name":"ezekiel","avatar":"https://static.tigerbbs.com/1dd0e8009a442a82ba1fa24ce1326a5b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3553069110198159","authorIdStr":"3553069110198159"},"themes":[],"htmlText":"Huat","listText":"Huat","text":"Huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381552832","repostId":"1186964240","repostType":4,"repost":{"id":"1186964240","kind":"news","pubTimestamp":1612954337,"share":"https://www.laohu8.com/m/news/1186964240?lang=&edition=full","pubTime":"2021-02-10 18:52","market":"us","language":"en","title":"Baidu in talks to raise money for a standalone A.I. chip company","url":"https://stock-news.laohu8.com/highlight/detail?id=1186964240","media":"cnbc","summary":"KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intell","content":"<div>\n<p>KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.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>Baidu in talks to raise money for a standalone A.I. chip company</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\">\nBaidu in talks to raise money for a standalone A.I. chip company\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 18:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BIDU":"百度"},"source_url":"https://www.cnbc.com/2021/02/10/baidu-in-talks-to-raise-money-for-a-standalone-ai-chip-company-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1186964240","content_text":"KEY POINTS\n\nChinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nVenture capital firms GGV and IDG Capital are involved discussions to pour money into Baidu’s chip firm.\nThe semiconductor business would aim to sell to chips to customers in various industries including automakers.\n\nGUANGZHOU, China — Chinese search giant Baidu is in talks to raise money for a standalone artificial intelligence semiconductor company, a person with knowledge of the matter told CNBC.\nThe move is emblematic of an ongoing push among China’s biggest technology firms to boost their prowess in the chip sector. And for Baidu, it marks a further effort to diversify its business well beyond advertising.\nBaidu’s Nasdaq-traded shares jumped more than 3.5% after hours. They climbed 6.67% on Tuesday.\nBaidu’s chip company would be a subsidiary, with the search giant likely to be the majority shareholder, the person said. Venture capital firms GGV and IDG Capital are involved in early stage discussions to invest in Baidu’s chip firm, the source added. Both firms have extensive investments in China.\nBaidu declined to comment when contacted by CNBC. IDG Capital was not immediately available for comment.Calls to GGV’s offices in Singapore, Shanghai and Beijing went unanswered.\nCurrently, Baidu has an in-house chip unit that has helped to develop its Kunlun semiconductors, designed to process huge amounts of data for artificial intelligence applications. But a standalone chip company is seen helping Baidu to better commercialize its technology, the source said.\nThe semiconductor business would aim to sell chips to customers in several industries including automakers, which are currently facing a global chip shortage.\nA standalone chip maker could also tie into other parts of Baidu’s businesses, such as its driverless car software.\nDiversification flurry\nBaidu’s move is part of push by the company to diversify its broader business — an effort which since September alone has seen the Chinese technology giant raise money for a biotech firm and a standalone electric vehicle company.\nAdvertising accounts for most of Baidu’s revenue currently, but other operations are contributing a growing percentage of sales. Ad-related revenue, which the company refers to in its earnings statements as online marketing services, accounted for around 80% of total revenue in 2018. That proportion fell to 71% in the third quarter of 2020, the most recent published results.\nBaidu’s semiconductor focus comes as the Chinese government tries to boost domestic independence around that critical technology — a trend that has accelerated during China’s trade war with the United States.\nChinese internet giant Tencent, the owner of messaging app WeChat,recently invested in an AI chip start-up.\nIn 2019, e-commerce company Alibaba launched its first chip to power artificial intelligence processes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}