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Mortgage Rates Surge, Topping 3% for First Time Since June
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Stock Market’s September Slump Exposes Messy Underside
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That’s fueled mounting concerns about affordability, especially for renters looking to become homeowners.</p>\n<p>The 30-year average sunk in 2020 and reached a record low of 2.65% at the beginning of this year. It has climbed since then, tracking yields for 10-year Treasuries, which have been above 1% since January.</p>\n<p>The 10-year yield rose above 1.5% this week for the first time since June.</p>\n<p>With the economy bouncing back from the pandemic, Federal Reserve Chair Jerome Powell said last week the U.S. central bank could begin scaling back asset purchases in November. That came after officials revealed a growing inclination to raise interest rates next year.</p>\n<p>“The biggest risk to mortgage rates right now is inflation,” said Greg McBride, chief financial analyst at Bankrate.com. “Nobody really knows what the path is.”</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>Mortgage Rates Surge, Topping 3% for First Time Since June</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\">\nMortgage Rates Surge, Topping 3% for First Time Since June\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 22:56 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-09-30/u-s-mortgage-rates-surge-topping-3-for-first-time-since-june?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mortgage rates in the U.S. jumped above 3% for the first time in three months.\nThe average for a 30-year loan was 3.01%, up from 2.88% last week and the highest since June 24, Freddie Mac said in a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-30/u-s-mortgage-rates-surge-topping-3-for-first-time-since-june?srnd=markets-vp\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-30/u-s-mortgage-rates-surge-topping-3-for-first-time-since-june?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128076731","content_text":"Mortgage rates in the U.S. jumped above 3% for the first time in three months.\nThe average for a 30-year loan was 3.01%, up from 2.88% last week and the highest since June 24, Freddie Mac said in a statement Thursday.\n\nHistorically low borrowing costs have helped fuel the pandemic housing rally, with a shortage of available homes pushingprices higheras Americans seek larger properties in the suburbs.\nIf rates continue to tick up, that could help moderate surging prices, according to Sam Khater, chief economist at Freddie Mac.\n“We expect mortgage rates to continue to rise modestly which will likely have an impact on home prices, causing them to moderate slightly after increasing over the last year,” Khater said.\nMany potential buyers have struggled to find homes they can afford, or lost bidding wars in a market where cash offers have dominated. That’s fueled mounting concerns about affordability, especially for renters looking to become homeowners.\nThe 30-year average sunk in 2020 and reached a record low of 2.65% at the beginning of this year. It has climbed since then, tracking yields for 10-year Treasuries, which have been above 1% since January.\nThe 10-year yield rose above 1.5% this week for the first time since June.\nWith the economy bouncing back from the pandemic, Federal Reserve Chair Jerome Powell said last week the U.S. central bank could begin scaling back asset purchases in November. That came after officials revealed a growing inclination to raise interest rates next year.\n“The biggest risk to mortgage rates right now is inflation,” said Greg McBride, chief financial analyst at Bankrate.com. “Nobody really knows what the path is.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864007245,"gmtCreate":1633039745905,"gmtModify":1633039746009,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864007245","repostId":"1177631732","repostType":4,"repost":{"id":"1177631732","pubTimestamp":1633015343,"share":"https://www.laohu8.com/m/news/1177631732?lang=&edition=full","pubTime":"2021-09-30 23:22","market":"us","language":"en","title":"Stock Market’s September Slump Exposes Messy Underside","url":"https://stock-news.laohu8.com/highlight/detail?id=1177631732","media":"The Wall Street Journal","summary":"Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the qua","content":"<p>Rally hit bump in September, the worst month for S&P 500 since 2020</p>\n<p><img src=\"https://static.tigerbbs.com/2dc5ed0067d93839f180f3bcbdf51678\" tg-width=\"1173\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p>\n<p>Markets are closing out the quarter on a tumultuous note.</p>\n<p>Stocks have pulled back from all-time highs. Shares of large, fast-growing companies are heading toward their worst month since the pandemic-fueled selloff of March 2020, and Treasury yields have shot up to their highest level since June.</p>\n<p>It is hardly the sanguine end to the quarter that investors had hoped for. Many money managers say they are heading into the final few months of the year feeling on edge.</p>\n<p>Central bankers who had thought this year’s rise in inflation would wind up being a short-term phenomenon aren’t sure how long transitory pressures will persist. Strategists who had predicted another strong quarter of economic growth are cutting estimates because of supply-chain bottlenecks and the highly contagious Delta variant of Covid-19. Economic data have also been falling short of expectations.Citigroup’sEconomic Surprise Index, which tracks how much U.S. reports have been exceeding or undershooting estimates, fell this month to its lowest level since June 2020.</p>\n<p>All told, the S&P 500 is still up 16% for the year and on course to notch a sixth straight quarter of gains. The index is just a few percentage points away from its record close hit in early September.</p>\n<p><img src=\"https://static.tigerbbs.com/fe132ae877a10d2796e4c4542444ac3d\" tg-width=\"419\" tg-height=\"554\" width=\"100%\" height=\"auto\"></p>\n<p>“Sometimes the narrative is clean and easy,” said Keith Lerner, co-chief investment officer of Truist Advisory Services. But now, “I feel like you’re having to find opportunities in a market where not everything is moving together anymore.”</p>\n<p>While Mr. Lerner is still betting on stocks rising over the long term, his firm has trimmed its exposure to emerging markets and focused heavily on the U.S., where he expects the economy to be most resilient, even as the global recovery slows.</p>\n<p>One of the most vexing issues for investors and analysts over the past few months has been how quickly the market has churned through winners and losers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c023ba2843417b17986cb4d2bcbbf0f\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>So far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. The floor of the New York Stock Exchange on Tuesday.</span></p>\n<p>Markets behaved relatively predictably in the first half of the year. Investors favored shares of economically sensitive companies such as banks, manufacturers and airlines and rebuffed relatively pricey technology stocks when it looked as though the rollout of Covid-19 vaccines would help supercharge the economy’s recovery.</p>\n<p>This quarter, as the so-called reopening trade stalled, it became harder for investors to pick dominant trades. Technology stocks surged but then took the brunt of market selloffs in early September and this week—putting the S&P 500 Growth Index on track for its biggest monthly pullback since March 2020.</p>\n<p>The bond market also caught many investors off guard. The yield on the 10-year U.S. Treasury note flitted about a narrow range for much of the quarter, only to stage a six-day rise above 1.50% between last week and Tuesday—its biggest such advance since June 2020, according to Dow Jones Market Data. The move came after the Federal Reserve indicated it was ready to begin reversing its pandemic stimulus programs as early as November and considering raising interest rates next year, given a jump in inflation.</p>\n<p>“Even though there’s all this discussion about the market being resilient, the churn under the surface has shown more weakness,” said Liz Ann Sonders, chief investment strategist of Charles Schwab.</p>\n<p>Ms. Sonders attributed the swift rotations taking place in the market to a bevy of investor worries.</p>\n<p>“You have concerns about the virus, then you add on top of it concerns about the debt ceiling, some arguably more mixed economic data recently, [and] uncertainty about monetary policy,” she said. “I don’t know if we’ll get out of this mode anytime soon.”</p>\n<p>Another issue weighing on investors’ minds: inflation.</p>\n<p>So far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. Earnings for S&P 500 companies have beaten analysts’ estimates by double-digit percentages since the second quarter of 2020, according to Morgan Stanley equity strategist Michael Wilson. That is compared with a median beat rate of 5% going back to 2008.</p>\n<p>Yet with supply-chain disruptions and labor shortages persisting around the country, Mr. Wilson said it is hard to believe companies will be able to maintain that momentum.</p>\n<p>Between June and September, 224 S&P 500 companies mentioned inflation on their second-quarter earnings calls, according to FactSet. That is the highest number since FactSet began tracking the data in 2010.</p>\n<p><img src=\"https://static.tigerbbs.com/9cc010172cb9d8099b1b19971a2037d6\" tg-width=\"443\" tg-height=\"625\" width=\"100%\" height=\"auto\"></p>\n<p>Historically, when a relatively high number of companies have mentioned inflation, profit margins have shrunk, Mr. Wilson said.</p>\n<p>Investors are left grappling with one big question: How much of that has already been priced into markets?</p>\n<p>“I’m a little concerned about 2022,” said Karyn Cavanaugh, chief investment officer of Carolinas Wealth Management. “When we don’t see the double-digit increases we’re used to for earnings, are the markets going to ask, ‘Hey, what have you done for me lately?’ ”</p>\n<p>Ms. Cavanaugh has been advising clients to focus on “wide moat stocks”—companies with a strong record of delivering profits regardless of whether growth is slowing or accelerating because they maintain a competitive advantage over their peers.</p>\n<p>Given so many potential issues remain unresolved, from debt negotiations and potential changes to the tax code in Washington to the pandemic, Ms. Cavanaugh said she expects the market’s path from here to be bumpy.</p>\n<p>“We could be in for a bit of a grind,” she said.</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>Stock Market’s September Slump Exposes Messy Underside</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\">\nStock Market’s September Slump Exposes Messy Underside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 23:22 GMT+8 <a href=https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the quarter on a tumultuous note.\nStocks have pulled back from all-time highs. Shares of large, fast-...</p>\n\n<a href=\"https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177631732","content_text":"Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the quarter on a tumultuous note.\nStocks have pulled back from all-time highs. Shares of large, fast-growing companies are heading toward their worst month since the pandemic-fueled selloff of March 2020, and Treasury yields have shot up to their highest level since June.\nIt is hardly the sanguine end to the quarter that investors had hoped for. Many money managers say they are heading into the final few months of the year feeling on edge.\nCentral bankers who had thought this year’s rise in inflation would wind up being a short-term phenomenon aren’t sure how long transitory pressures will persist. Strategists who had predicted another strong quarter of economic growth are cutting estimates because of supply-chain bottlenecks and the highly contagious Delta variant of Covid-19. Economic data have also been falling short of expectations.Citigroup’sEconomic Surprise Index, which tracks how much U.S. reports have been exceeding or undershooting estimates, fell this month to its lowest level since June 2020.\nAll told, the S&P 500 is still up 16% for the year and on course to notch a sixth straight quarter of gains. The index is just a few percentage points away from its record close hit in early September.\n\n“Sometimes the narrative is clean and easy,” said Keith Lerner, co-chief investment officer of Truist Advisory Services. But now, “I feel like you’re having to find opportunities in a market where not everything is moving together anymore.”\nWhile Mr. Lerner is still betting on stocks rising over the long term, his firm has trimmed its exposure to emerging markets and focused heavily on the U.S., where he expects the economy to be most resilient, even as the global recovery slows.\nOne of the most vexing issues for investors and analysts over the past few months has been how quickly the market has churned through winners and losers.\nSo far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. The floor of the New York Stock Exchange on Tuesday.\nMarkets behaved relatively predictably in the first half of the year. Investors favored shares of economically sensitive companies such as banks, manufacturers and airlines and rebuffed relatively pricey technology stocks when it looked as though the rollout of Covid-19 vaccines would help supercharge the economy’s recovery.\nThis quarter, as the so-called reopening trade stalled, it became harder for investors to pick dominant trades. Technology stocks surged but then took the brunt of market selloffs in early September and this week—putting the S&P 500 Growth Index on track for its biggest monthly pullback since March 2020.\nThe bond market also caught many investors off guard. The yield on the 10-year U.S. Treasury note flitted about a narrow range for much of the quarter, only to stage a six-day rise above 1.50% between last week and Tuesday—its biggest such advance since June 2020, according to Dow Jones Market Data. The move came after the Federal Reserve indicated it was ready to begin reversing its pandemic stimulus programs as early as November and considering raising interest rates next year, given a jump in inflation.\n“Even though there’s all this discussion about the market being resilient, the churn under the surface has shown more weakness,” said Liz Ann Sonders, chief investment strategist of Charles Schwab.\nMs. Sonders attributed the swift rotations taking place in the market to a bevy of investor worries.\n“You have concerns about the virus, then you add on top of it concerns about the debt ceiling, some arguably more mixed economic data recently, [and] uncertainty about monetary policy,” she said. “I don’t know if we’ll get out of this mode anytime soon.”\nAnother issue weighing on investors’ minds: inflation.\nSo far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. Earnings for S&P 500 companies have beaten analysts’ estimates by double-digit percentages since the second quarter of 2020, according to Morgan Stanley equity strategist Michael Wilson. That is compared with a median beat rate of 5% going back to 2008.\nYet with supply-chain disruptions and labor shortages persisting around the country, Mr. Wilson said it is hard to believe companies will be able to maintain that momentum.\nBetween June and September, 224 S&P 500 companies mentioned inflation on their second-quarter earnings calls, according to FactSet. That is the highest number since FactSet began tracking the data in 2010.\n\nHistorically, when a relatively high number of companies have mentioned inflation, profit margins have shrunk, Mr. Wilson said.\nInvestors are left grappling with one big question: How much of that has already been priced into markets?\n“I’m a little concerned about 2022,” said Karyn Cavanaugh, chief investment officer of Carolinas Wealth Management. “When we don’t see the double-digit increases we’re used to for earnings, are the markets going to ask, ‘Hey, what have you done for me lately?’ ”\nMs. Cavanaugh has been advising clients to focus on “wide moat stocks”—companies with a strong record of delivering profits regardless of whether growth is slowing or accelerating because they maintain a competitive advantage over their peers.\nGiven so many potential issues remain unresolved, from debt negotiations and potential changes to the tax code in Washington to the pandemic, Ms. Cavanaugh said she expects the market’s path from here to be bumpy.\n“We could be in for a bit of a grind,” she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864007693,"gmtCreate":1633039726938,"gmtModify":1633039727041,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good..","listText":"Good..","text":"Good..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864007693","repostId":"2171895899","repostType":4,"repost":{"id":"2171895899","pubTimestamp":1633015869,"share":"https://www.laohu8.com/m/news/2171895899?lang=&edition=full","pubTime":"2021-09-30 23:31","market":"us","language":"en","title":"My 3 Top Dividend Stocks for October","url":"https://stock-news.laohu8.com/highlight/detail?id=2171895899","media":"Motley Fool","summary":"There are still plenty of great options out there for investors seeking reliable, above-average income.","content":"<p>We may be stuck in an economic environment marred by oddly low overall interest rates. That has investors searching elsewhere for ways to get a decent return on their investment capital. One option available is dividend-yielding stocks. But finding a decent yield on a dividend-paying stock when the market is generating such high valuations isn't easy.</p>\n<p>Curiously though, not every dividend-paying stock currently sports a rock-bottom yield. A handful of high-quality names are still dishing out above-average dividends and should continue to do so into the indefinite future.</p>\n<p>Here's a closer look at my three favorite such picks right now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea11d5bf05a1c298d53e5e876dbbd511\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>1. Coca-Cola</h2>\n<p><b>Dividend yield: 3.1%</b></p>\n<p>You know the brand, perhaps as well as any other company in the world. <b>Coca-Cola</b> (NYSE:KO) has been around since 1886 and its products are woven into the very fabric of our culture. Its stock has not only paid a reliable quarterly dividend for decades now, but it has increased its annualized payments every year since 1962. That's the upside of selling products that consumers are willing to buy over and over again (often without a second thought).</p>\n<p>Those who keep close tabs on Coca-Cola may well know the company's top line has been contracting of late (and that was before pandemic-related shutdowns got in the way). Indeed, sales have been slumping since 2013, giving would-be buyers pause. That shrinking top line, however, isn't nearly as much the result of health-minded concerns -- the avoidance of sugary sodas -- as you might think. It's largely by design.</p>\n<p>See, the company has made a point of getting out of the bottling business and it's focusing more on the licensing and franchising business. Namely, it's spent the past few years selling its bottling operations to third-party bottlers who in turn pay the beverage giant royalties for the right to use the brand name. This arrangement translates into lower sales, but brand licensing is a (much) higher-margin business. The new approach to doing business means Coca-Cola is generating more profits than it ever has. That's what income-seeking investors ultimately want to see.</p>\n<h2>2. <a href=\"https://laohu8.com/S/MMM\">3M</a></h2>\n<p><b>Dividend yield: 3.3%</b></p>\n<p>If you're looking for a thrilling stock pick, don't even bother looking at <b>3M</b> (NYSE:MMM). The company isn't developing any cutting-edge technology, researching a cure for cancer, or embracing digital alternatives to government-issued currency. It's boring.</p>\n<p>But, that's kind of the point.</p>\n<p>There's a suite of 3M products you probably know. This is the parent to Post-it notes, Scotch Tape, and Filtrete HVAC filters. That's only a small sampling of what the company sells though. This company also makes products used in the manufacturing of consumer electronics, power line equipment employed by electric utility providers, reflective materials used to make road signs, and food-safety testing materials, just to name a few.</p>\n<p>It's not a stretch to suggest that 3M, in one way or another, is all around you every day. It's a consumer staples stock within the industrial world at least as much as it is in the consumer goods arena. While 3M ran into some fiscal turbulence in 2018, those suppressed profits were ultimately linked to a business transformation meant to drive new growth as well as reduce long-term costs.</p>\n<p>It seems to have worked too, in spades. The $5.91 worth of per-share dividends paid over the course of the past four quarters are only a fraction of the record-breaking per-share profits of $10.17 earned during this time. This company's got plenty of room to keep funding (and raising) its payout.</p>\n<h2>3. Leggett & Platt</h2>\n<p><b>Dividend yield: 3.7%</b></p>\n<p>Finally, I'm adding <b>Leggett & Platt</b> (NYSE:LEG) to my list of top dividend stocks to step into before September ends and October begins.</p>\n<p>Leggett & Platt, of course, makes bedding, furniture, and flooring. They're usually healthy industries, but hardly riveting. Ergo, it's one of those names that's easily -- and often -- overlooked.</p>\n<p>Don't let the ho-hum nature of its business deter you from noticing the fact, however, that this company's top and bottom lines are resilient. For instance, while Leggett did suffer a slowdown in the aftermath of 2007-09's subprime mortgage meltdown, it was only a slight one. That year's revenue of just under $4.1 billion was still within sight of 2006's peak sales of a little less than $4.3 billion, and by 2010 things were humming again. The company was even on pace to report record-breaking sales of around $4.8 billion in 2020 before COVID-19 disrupted things. Even so, Leggett & Platt managed to do nearly $4.3 billion worth of business last year, remaining within sight of 2019's then-record revenue of more than $4.7 billion. Guidance for this year puts a new sales record within reach. And, thanks to a generous stock-buyback program, this year's projected profit of between $2.30 and $2.60 per share puts the prospect of record-breaking earnings on the table as well.</p>\n<p>Then there's the even-more-overlooked detail about Leggett & Platt that investors don't seem to fully appreciate. That is, not only is this furniture and flooring company a Dividend Aristocrat, it's now a Dividend King, boasting 50 consecutive years of annual dividend growth. It's also one of the highest-yielding names right now among the Dividend Aristocrats, dishing out nearly 3.3% of the stock's present price.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>My 3 Top Dividend Stocks for October</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\">\nMy 3 Top Dividend Stocks for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 23:31 GMT+8 <a href=https://www.fool.com/investing/2021/09/30/top-dividend-stocks-october-coke-3m-leggett/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We may be stuck in an economic environment marred by oddly low overall interest rates. That has investors searching elsewhere for ways to get a decent return on their investment capital. One option ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/30/top-dividend-stocks-october-coke-3m-leggett/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LEG":"礼恩派","MMM":"3M","KO":"可口可乐"},"source_url":"https://www.fool.com/investing/2021/09/30/top-dividend-stocks-october-coke-3m-leggett/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171895899","content_text":"We may be stuck in an economic environment marred by oddly low overall interest rates. That has investors searching elsewhere for ways to get a decent return on their investment capital. One option available is dividend-yielding stocks. But finding a decent yield on a dividend-paying stock when the market is generating such high valuations isn't easy.\nCuriously though, not every dividend-paying stock currently sports a rock-bottom yield. A handful of high-quality names are still dishing out above-average dividends and should continue to do so into the indefinite future.\nHere's a closer look at my three favorite such picks right now.\nImage source: Getty Images.\n1. Coca-Cola\nDividend yield: 3.1%\nYou know the brand, perhaps as well as any other company in the world. Coca-Cola (NYSE:KO) has been around since 1886 and its products are woven into the very fabric of our culture. Its stock has not only paid a reliable quarterly dividend for decades now, but it has increased its annualized payments every year since 1962. That's the upside of selling products that consumers are willing to buy over and over again (often without a second thought).\nThose who keep close tabs on Coca-Cola may well know the company's top line has been contracting of late (and that was before pandemic-related shutdowns got in the way). Indeed, sales have been slumping since 2013, giving would-be buyers pause. That shrinking top line, however, isn't nearly as much the result of health-minded concerns -- the avoidance of sugary sodas -- as you might think. It's largely by design.\nSee, the company has made a point of getting out of the bottling business and it's focusing more on the licensing and franchising business. Namely, it's spent the past few years selling its bottling operations to third-party bottlers who in turn pay the beverage giant royalties for the right to use the brand name. This arrangement translates into lower sales, but brand licensing is a (much) higher-margin business. The new approach to doing business means Coca-Cola is generating more profits than it ever has. That's what income-seeking investors ultimately want to see.\n2. 3M\nDividend yield: 3.3%\nIf you're looking for a thrilling stock pick, don't even bother looking at 3M (NYSE:MMM). The company isn't developing any cutting-edge technology, researching a cure for cancer, or embracing digital alternatives to government-issued currency. It's boring.\nBut, that's kind of the point.\nThere's a suite of 3M products you probably know. This is the parent to Post-it notes, Scotch Tape, and Filtrete HVAC filters. That's only a small sampling of what the company sells though. This company also makes products used in the manufacturing of consumer electronics, power line equipment employed by electric utility providers, reflective materials used to make road signs, and food-safety testing materials, just to name a few.\nIt's not a stretch to suggest that 3M, in one way or another, is all around you every day. It's a consumer staples stock within the industrial world at least as much as it is in the consumer goods arena. While 3M ran into some fiscal turbulence in 2018, those suppressed profits were ultimately linked to a business transformation meant to drive new growth as well as reduce long-term costs.\nIt seems to have worked too, in spades. The $5.91 worth of per-share dividends paid over the course of the past four quarters are only a fraction of the record-breaking per-share profits of $10.17 earned during this time. This company's got plenty of room to keep funding (and raising) its payout.\n3. Leggett & Platt\nDividend yield: 3.7%\nFinally, I'm adding Leggett & Platt (NYSE:LEG) to my list of top dividend stocks to step into before September ends and October begins.\nLeggett & Platt, of course, makes bedding, furniture, and flooring. They're usually healthy industries, but hardly riveting. Ergo, it's one of those names that's easily -- and often -- overlooked.\nDon't let the ho-hum nature of its business deter you from noticing the fact, however, that this company's top and bottom lines are resilient. For instance, while Leggett did suffer a slowdown in the aftermath of 2007-09's subprime mortgage meltdown, it was only a slight one. That year's revenue of just under $4.1 billion was still within sight of 2006's peak sales of a little less than $4.3 billion, and by 2010 things were humming again. The company was even on pace to report record-breaking sales of around $4.8 billion in 2020 before COVID-19 disrupted things. Even so, Leggett & Platt managed to do nearly $4.3 billion worth of business last year, remaining within sight of 2019's then-record revenue of more than $4.7 billion. Guidance for this year puts a new sales record within reach. And, thanks to a generous stock-buyback program, this year's projected profit of between $2.30 and $2.60 per share puts the prospect of record-breaking earnings on the table as well.\nThen there's the even-more-overlooked detail about Leggett & Platt that investors don't seem to fully appreciate. That is, not only is this furniture and flooring company a Dividend Aristocrat, it's now a Dividend King, boasting 50 consecutive years of annual dividend growth. It's also one of the highest-yielding names right now among the Dividend Aristocrats, dishing out nearly 3.3% of the stock's present price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868755462,"gmtCreate":1632707443756,"gmtModify":1632798416005,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868755462","repostId":"2170488786","repostType":4,"repost":{"id":"2170488786","pubTimestamp":1632685409,"share":"https://www.laohu8.com/m/news/2170488786?lang=&edition=full","pubTime":"2021-09-27 03:43","market":"other","language":"en","title":"Debt ceiling debates in Congress, consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2170488786","media":"Yahoo Finance","summary":"Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race t","content":"<p>Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the debt ceiling. Elsewhere, economic data on consumer confidence is also due for release.</p>\n<p>The Senate is expected to vote Monday on a procedural motion over the legislation passed by the House of Representatives last week. That bill included a plan to temporarily fund the government through early December, and came alongside a measure to raise the government debt ceiling through December 2022.</p>\n<p>The latter point has been an area of contention for Senate Republicans, who are only narrowly outnumbered by Democratic lawmakers in both chambers and who have threatened to block the bill in its current form.</p>\n<p>Senate Republicans including Minority Leader Mitch McConnell have suggested that Democratic lawmakers should use the budget reconciliation process to raise the debt ceiling without Republican support. McConnell has, however, supported a short-term government funding bill that excludes a debt ceiling suspension.</p>\n<p>\"If they [the Democrats] want to tax, borrow and spend historic sums of money without our input, they’ll have to raise the debt limit without our help. This is the reality,” McConnell said on the Senate floor last week.</p>\n<p>Democratic lawmakers, for their part, have called for the move to raise the debt limit be bipartisan to prevent the government from defaulting on its obligations. The Treasury Department has warned that the U.S. could default on its debts as soon as October in absence of congressional action.</p>\n<p>\"The U.S. has always paid its bills on time, but the overwhelming consensus among economists and Treasury officials of both parties is that failing to raise the debt limit would produce widespread economic catastrophe,\" Treasury Secretary Janet Yellen wrote in an op-ed in the Wall Street Journal last week.</p>\n<p>Federal Reserve Chair Jerome Powell also warned of the consequences of a failure to raise the debt ceiling during his post-FOMC meeting press conference last week.</p>\n<p>\"It's just very important that the debt ceiling be raised in a timely fashion so that the United States can pay its bills when and as they come due. That's a critically important thing,\" he said. \"The failure to do that is something that could result in severe reactions, severe damage to the economy and to the financial markets ... no <a href=\"https://laohu8.com/S/AONE.U\">one</a> should assume that the Fed or anyone else can protect the markets or the economy in the event of a failure.\"</p>\n<p><img src=\"https://static.tigerbbs.com/76c6a59b9c059b09d9267c8298e0b837\" referrerpolicy=\"no-referrer\">A dead Elm tree is removed on the West Front of the Capitol in Washington, Friday, Sept. 10, 2021. (AP Photo/J. Scott Applewhite)ASSOCIATED PRESS</p>\n<p>Amid the standoff, the Office of Management and Budget began warning federal agencies last week to prepare for a potential government shutdown. The reminder served as a standard warning one week out from Congress's deadline to reach an agreement to at least temporarily continue funding the government.</p>\n<p>Though leaders of both political parties have agreed that a continuing resolution to avoid the shutdown at the end of the month is needed, the ongoing tension over raising the debt limit has served as a potential roadblock in this effort.</p>\n<p>\"We still expect Congress to avert a partial government shutdown at the start of October. Republicans won’t vote for the current continuing resolution being touted by the Democratic leadership, which also includes a new debt ceiling suspension,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note Friday. \"But we expect a Plan B to emerge next week with the latter stripped out, which Republicans will support.\"</p>\n<p>\"The bigger issue is that there doesn’t appear to be an easy path to raising the debt ceiling by mid-October, which is when estimates suggest the Treasury’s will exhaust the 'extraordinary measures it is currently using to keep the lights on,\" he added.</p>\n<p>Investors have also grown jittery as the debates wore on, with stocks posting their worst day since May last week amid a confluence of concerns that also included debt concerns with China Evergrande.</p>\n<p>Many strategists, however, have suggested market participants need not be overly concerned about the impacts of a potential government shutdown.</p>\n<p>\"Historically, we've seen that government shutdowns tend to be short-lived,\" Jordan Jackson, JPMorgan Asset Management global market strategist, told Yahoo Finance Live on Friday. \"We also know that for those non-essential federal employees, they do get furlough pay as well.\"</p>\n<p>\"If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, these shutdowns tend to be short-lived and markets — while they may correct in the short-term — they do sort of continue to grind higher,\" he added. \"I think it's certainly a risk in terms of a short-term mini correction there. But again, with all the liquidity out there, I think any sort of blip in the markets will be short-lived.\"</p>\n<p>Historical equity performance during and immediately following a government shutdown has also tended to point to a muted market impact.</p>\n<p>\"In the 14 government shutdowns since 1980, the S&P 500 generated median returns of -0.1% on the dates of budget authority expiration, 0.1% during the shutdown periods, and 0.3% on the dates of resolution,\" David Kostin, Goldman Sachs chief equity strategist, wrote in a note published on Sept. 21.</p>\n<p>\"One notable exception was the most recent federal shutdown in December 2018, when the S&P 500 fell 2% on the spending authority expiration date,\" he added. \"However, this decline was likely driven primarily by investor concerns about Fed tightening.\"</p>\n<p>Kostin also noted that the typical government shutdown since 1980 has only lasted three days before ultimately being resolved. More recent shutdowns have lasted several times longer, however, with the duration of the four most recent federal shutdowns averaging 18 days, Kostin said.</p>\n<h3>Consumer confidence</h3>\n<p>On the economic data front, one of the most closely watched new pieces of data will be on consumer confidence.</p>\n<p>The Conference Board is set to release its September consumer confidence index Tuesday morning. Economists expect the index to tick up only slightly compared to August, with consumers' views on the coronavirus and rising prices stabilizing near the lowest level since February.</p>\n<p>Specifically, consensus economists are looking for the index to rise to 115.0 in September after dropping to 113.8 in August. During the last monthly report, consumers' assessments of current business and labor market conditions both eased, and expectations for the next six months out also deteriorated.</p>\n<p>\"Consumer confidence fell to a six-month low in August, due to concerns around the Delta variant and inflation,\" wrote Bank of America economist Michelle Meyer in a note on Friday. \"We think these concerns largely remained in September.\"</p>\n<p>At the time, Lynn Franco, senior director of economic indicators at the Conference Board, said it was still \"too soon to conclude\" whether decline in consumer confidence would \"result in consumers significantly curtailing their spending in the months ahead.\"</p>\n<p>The latest spending data has also been equivocal. The Commerce Department's latest report showed retail sales rose 0.7% in August after declining in July. However, the categories posting the biggest declines were areas like e-commerce shops and grocery stores, suggesting consumer behavior was shifting back toward stay-in-place trends and away from in-person events like restaurant dining amid the latest wave of the coronavirus.</p>\n<h3>Economic calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Durable goods orders, August preliminary (0.6% expected, -0.1% in July); Durable goods excluding transportation, August preliminary (0.5% expected, 0.8% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.3% expected, 0.1% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.9% in July); Dallas Fed Manufacturing Activity Index, September (11.0 expected, 9.0 in July)</p></li>\n <li><p><b>Tuesday: </b>Advance goods trade balance, August (-$87.0 billion expected, -$86.4 billion in July); Wholesale inventories, month-over-month, August preliminary (0.6% in July); Retail inventories, month-over-month, August (0.4% in July); FHFA House Price Index, month-over-month, July (1.5% expected, 1.6% in July); S&P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite Index, month-over-month, July (1.62% expected, 1.77% in June); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (20.1% expected, 19.08% in June); Conference Board Consumer Confidence Index, September (114.2 expected, 113.8 in August); Richmond Fed Manufacturing Index, September (9 in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 24 (4.9% during prior month); Pending home sales, month-over-month, August (1.0% expected, -1.8% in July)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended September 25 (320,000 expected, 351,000 during prior week); Continuing claims, week ended September 18 (2.845 million during prior week); GDP annualized, quarter-over-quarter, second-quarter third estimate (6.7% expected, 6.6% in prior estimate); Personal consumption, second-quarter third estimate (11.9% in prior estimate); Core personal consumption expenditures, second quarter third estimate (6.1% in prior estimate); MNI Chicago PMI, September (65.0 expected, 66.8 in August)</p></li>\n <li><p><b>Friday: </b>Personal income, August (0.2% expected, 1.1% in July); Personal spending, August (0.7% expected, 0.3% in July); Personal consumption expenditures core deflator, month-over-over, August (0.2% expected, 0.3% in July); Personal consumption expenditures core deflator, year-over-year, August (3.6% expected, 3.6% in July); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> manufacturing PMI, September final (60.5 in prior estimate); Construction spending, month-over-month, August (0.3% expected, 0.3% in July); University of Michigan sentiment, September final (71.0 expected, 71.0 in prior print); ISM Manufacturing, September (59.5 expected, 59.9 in August)</p></li>\n</ul>\n<h3>Earnings calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Aurora Cannabis (ACB) after market close</p></li>\n <li><p><b>Tuesday: </b>Micron Technology (MU) after market close.</p></li>\n <li><p><b>Wednesday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Thursday: </b>CarMax (KMX), Bed Bath & Beyond (BBBY) before market open; Jefferies (JEF) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for releas</i></p></li>\n</ul>","source":"yahoofinance_au","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>Debt ceiling debates in Congress, consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDebt ceiling debates in Congress, consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-27 03:43 GMT+8 <a href=https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.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/e7e749e88d2580d292ffc6ae18d03b65","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust"},"source_url":"https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170488786","content_text":"Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the debt ceiling. Elsewhere, economic data on consumer confidence is also due for release.\nThe Senate is expected to vote Monday on a procedural motion over the legislation passed by the House of Representatives last week. That bill included a plan to temporarily fund the government through early December, and came alongside a measure to raise the government debt ceiling through December 2022.\nThe latter point has been an area of contention for Senate Republicans, who are only narrowly outnumbered by Democratic lawmakers in both chambers and who have threatened to block the bill in its current form.\nSenate Republicans including Minority Leader Mitch McConnell have suggested that Democratic lawmakers should use the budget reconciliation process to raise the debt ceiling without Republican support. McConnell has, however, supported a short-term government funding bill that excludes a debt ceiling suspension.\n\"If they [the Democrats] want to tax, borrow and spend historic sums of money without our input, they’ll have to raise the debt limit without our help. This is the reality,” McConnell said on the Senate floor last week.\nDemocratic lawmakers, for their part, have called for the move to raise the debt limit be bipartisan to prevent the government from defaulting on its obligations. The Treasury Department has warned that the U.S. could default on its debts as soon as October in absence of congressional action.\n\"The U.S. has always paid its bills on time, but the overwhelming consensus among economists and Treasury officials of both parties is that failing to raise the debt limit would produce widespread economic catastrophe,\" Treasury Secretary Janet Yellen wrote in an op-ed in the Wall Street Journal last week.\nFederal Reserve Chair Jerome Powell also warned of the consequences of a failure to raise the debt ceiling during his post-FOMC meeting press conference last week.\n\"It's just very important that the debt ceiling be raised in a timely fashion so that the United States can pay its bills when and as they come due. That's a critically important thing,\" he said. \"The failure to do that is something that could result in severe reactions, severe damage to the economy and to the financial markets ... no one should assume that the Fed or anyone else can protect the markets or the economy in the event of a failure.\"\nA dead Elm tree is removed on the West Front of the Capitol in Washington, Friday, Sept. 10, 2021. (AP Photo/J. Scott Applewhite)ASSOCIATED PRESS\nAmid the standoff, the Office of Management and Budget began warning federal agencies last week to prepare for a potential government shutdown. The reminder served as a standard warning one week out from Congress's deadline to reach an agreement to at least temporarily continue funding the government.\nThough leaders of both political parties have agreed that a continuing resolution to avoid the shutdown at the end of the month is needed, the ongoing tension over raising the debt limit has served as a potential roadblock in this effort.\n\"We still expect Congress to avert a partial government shutdown at the start of October. Republicans won’t vote for the current continuing resolution being touted by the Democratic leadership, which also includes a new debt ceiling suspension,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note Friday. \"But we expect a Plan B to emerge next week with the latter stripped out, which Republicans will support.\"\n\"The bigger issue is that there doesn’t appear to be an easy path to raising the debt ceiling by mid-October, which is when estimates suggest the Treasury’s will exhaust the 'extraordinary measures it is currently using to keep the lights on,\" he added.\nInvestors have also grown jittery as the debates wore on, with stocks posting their worst day since May last week amid a confluence of concerns that also included debt concerns with China Evergrande.\nMany strategists, however, have suggested market participants need not be overly concerned about the impacts of a potential government shutdown.\n\"Historically, we've seen that government shutdowns tend to be short-lived,\" Jordan Jackson, JPMorgan Asset Management global market strategist, told Yahoo Finance Live on Friday. \"We also know that for those non-essential federal employees, they do get furlough pay as well.\"\n\"If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, these shutdowns tend to be short-lived and markets — while they may correct in the short-term — they do sort of continue to grind higher,\" he added. \"I think it's certainly a risk in terms of a short-term mini correction there. But again, with all the liquidity out there, I think any sort of blip in the markets will be short-lived.\"\nHistorical equity performance during and immediately following a government shutdown has also tended to point to a muted market impact.\n\"In the 14 government shutdowns since 1980, the S&P 500 generated median returns of -0.1% on the dates of budget authority expiration, 0.1% during the shutdown periods, and 0.3% on the dates of resolution,\" David Kostin, Goldman Sachs chief equity strategist, wrote in a note published on Sept. 21.\n\"One notable exception was the most recent federal shutdown in December 2018, when the S&P 500 fell 2% on the spending authority expiration date,\" he added. \"However, this decline was likely driven primarily by investor concerns about Fed tightening.\"\nKostin also noted that the typical government shutdown since 1980 has only lasted three days before ultimately being resolved. More recent shutdowns have lasted several times longer, however, with the duration of the four most recent federal shutdowns averaging 18 days, Kostin said.\nConsumer confidence\nOn the economic data front, one of the most closely watched new pieces of data will be on consumer confidence.\nThe Conference Board is set to release its September consumer confidence index Tuesday morning. Economists expect the index to tick up only slightly compared to August, with consumers' views on the coronavirus and rising prices stabilizing near the lowest level since February.\nSpecifically, consensus economists are looking for the index to rise to 115.0 in September after dropping to 113.8 in August. During the last monthly report, consumers' assessments of current business and labor market conditions both eased, and expectations for the next six months out also deteriorated.\n\"Consumer confidence fell to a six-month low in August, due to concerns around the Delta variant and inflation,\" wrote Bank of America economist Michelle Meyer in a note on Friday. \"We think these concerns largely remained in September.\"\nAt the time, Lynn Franco, senior director of economic indicators at the Conference Board, said it was still \"too soon to conclude\" whether decline in consumer confidence would \"result in consumers significantly curtailing their spending in the months ahead.\"\nThe latest spending data has also been equivocal. The Commerce Department's latest report showed retail sales rose 0.7% in August after declining in July. However, the categories posting the biggest declines were areas like e-commerce shops and grocery stores, suggesting consumer behavior was shifting back toward stay-in-place trends and away from in-person events like restaurant dining amid the latest wave of the coronavirus.\nEconomic calendar\n\nMonday: Durable goods orders, August preliminary (0.6% expected, -0.1% in July); Durable goods excluding transportation, August preliminary (0.5% expected, 0.8% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.3% expected, 0.1% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.9% in July); Dallas Fed Manufacturing Activity Index, September (11.0 expected, 9.0 in July)\nTuesday: Advance goods trade balance, August (-$87.0 billion expected, -$86.4 billion in July); Wholesale inventories, month-over-month, August preliminary (0.6% in July); Retail inventories, month-over-month, August (0.4% in July); FHFA House Price Index, month-over-month, July (1.5% expected, 1.6% in July); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (1.62% expected, 1.77% in June); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (20.1% expected, 19.08% in June); Conference Board Consumer Confidence Index, September (114.2 expected, 113.8 in August); Richmond Fed Manufacturing Index, September (9 in August)\nWednesday: MBA Mortgage Applications, week ended September 24 (4.9% during prior month); Pending home sales, month-over-month, August (1.0% expected, -1.8% in July)\nThursday: Initial jobless claims, week ended September 25 (320,000 expected, 351,000 during prior week); Continuing claims, week ended September 18 (2.845 million during prior week); GDP annualized, quarter-over-quarter, second-quarter third estimate (6.7% expected, 6.6% in prior estimate); Personal consumption, second-quarter third estimate (11.9% in prior estimate); Core personal consumption expenditures, second quarter third estimate (6.1% in prior estimate); MNI Chicago PMI, September (65.0 expected, 66.8 in August)\nFriday: Personal income, August (0.2% expected, 1.1% in July); Personal spending, August (0.7% expected, 0.3% in July); Personal consumption expenditures core deflator, month-over-over, August (0.2% expected, 0.3% in July); Personal consumption expenditures core deflator, year-over-year, August (3.6% expected, 3.6% in July); Markit manufacturing PMI, September final (60.5 in prior estimate); Construction spending, month-over-month, August (0.3% expected, 0.3% in July); University of Michigan sentiment, September final (71.0 expected, 71.0 in prior print); ISM Manufacturing, September (59.5 expected, 59.9 in August)\n\nEarnings calendar\n\nMonday: Aurora Cannabis (ACB) after market close\nTuesday: Micron Technology (MU) after market close.\nWednesday: No notable reports scheduled for release\nThursday: CarMax (KMX), Bed Bath & Beyond (BBBY) before market open; Jefferies (JEF) after market close\nFriday: No notable reports scheduled for releas","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868755910,"gmtCreate":1632707390730,"gmtModify":1632798416368,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good nice","listText":"Good nice","text":"Good nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868755910","repostId":"2170485596","repostType":4,"repost":{"id":"2170485596","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1632695520,"share":"https://www.laohu8.com/m/news/2170485596?lang=&edition=full","pubTime":"2021-09-27 06:32","market":"hk","language":"en","title":"Tesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup","url":"https://stock-news.laohu8.com/highlight/detail?id=2170485596","media":"Dow Jones","summary":"ISS calls for 'no' votes against two big-name directors, and for corporate accountability proposals.","content":"<blockquote>\n <a href=\"https://laohu8.com/S/ISFFF\">ISS</a> calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n</blockquote>\n<p>A powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.</p>\n<p>Meanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.</p>\n<p>A note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.</p>\n<p>ISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.</p>\n<p>Tesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.</p>\n<p>Proposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.</p>\n<p>Tesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB), have near total control in the hands of their founders, their families and other insiders.</p>\n<p>On the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.</p>\n<p>Despite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"</p>\n<p>Last week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.</p>\n<p>Federal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.</p>\n<p>Tesla shares <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> are up about 10% year to date, compared to the S&P 500's nearly 19% gain.</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>Tesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-27 06:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <a href=\"https://laohu8.com/S/ISFFF\">ISS</a> calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n</blockquote>\n<p>A powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.</p>\n<p>Meanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.</p>\n<p>A note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.</p>\n<p>ISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.</p>\n<p>Tesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.</p>\n<p>Proposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.</p>\n<p>Tesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB), have near total control in the hands of their founders, their families and other insiders.</p>\n<p>On the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.</p>\n<p>Despite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"</p>\n<p>Last week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.</p>\n<p>Federal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.</p>\n<p>Tesla shares <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> are up about 10% year to date, compared to the S&P 500's nearly 19% gain.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170485596","content_text":"ISS calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n\nA powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.\nMeanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.\nA note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of News Corp. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.\nISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.\nTesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.\nProposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.\nTesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. $(WMT)$ and Facebook Inc. (FB), have near total control in the hands of their founders, their families and other insiders.\nOn the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.\nDespite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"\nLast week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.\nFederal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.\nTesla shares $(TSLA)$ are up about 10% year to date, compared to the S&P 500's nearly 19% gain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868621584,"gmtCreate":1632642421748,"gmtModify":1632646963218,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868621584","repostId":"2170614636","repostType":4,"repost":{"id":"2170614636","pubTimestamp":1632636541,"share":"https://www.laohu8.com/m/news/2170614636?lang=&edition=full","pubTime":"2021-09-26 14:09","market":"us","language":"en","title":"3 Unstoppable Investments Everyone Needs in Their Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2170614636","media":"Motley Fool","summary":"It's much easier to remain a market leader than it is to become one, making these three names must-have holdings for nearly any investor.","content":"<p>When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every investor is different, so too are the mixes of their holdings. Different stocks check off different boxes.</p>\n<p>There's a small handful of solid names, however, that could be at home in any investor's portfolio. Here's a rundown of three of the best of these all-purpose prospects.</p>\n<h2>Alphabet</h2>\n<p>It's not a company that needs much of an introduction. <b>Alphabet</b> (NASDAQ:GOOGL) (NASDAQ:GOOG) is of course parent to the world's most-used search engine, Google.</p>\n<p>What may not be fully appreciated by investors, however, is just how dominant Alphabet is within the search engine arena. GlobalStats' statcounter indicates Google is the go-to means of searching the web for almost 86% of the world's computers.</p>\n<p>It's not just on the search engine front where Alphabet dominates its respective market, either. It's the heavy hitter of mobile operating systems too, with Android installed on nearly 73% of the world's actively used smartphones and tablets.</p>\n<p>As was the case with search engines, that's a lead Alphabet has enjoyed for a while as well, positioning it perfectly to not only serve as a search engine on mobile devices (95% of them, again according to GlobalStats), but as the easiest platform for downloading apps and other revenue-bearing digital content. All told, Google alone accounts for almost 60% of Alphabet's total revenue.</p>\n<p>This is no small matter. While most industries change over time in a way that opens the door to new and better competition, the search business as we know it is likely here to stay. Ditto for mobility. Now that we've grown accustomed to remaining constantly connected, we're not apt to regress. Since we're already in the habit of \"Googling\" whatever we want to know and already familiar with the Android operating system, Google's dominance is well shielded for the indefinite future.</p>\n<h2>Walmart</h2>\n<p><b>Walmart</b> (NYSE:WMT) won't be winning any growth awards anytime soon. In fact, at the same time e-commerce giant <b>Amazon</b> is working to keep its growth in check, brick-and-mortar retailer <b>Target</b> is nipping at its heels. Many other companies would eventually crumble under such pressure.</p>\n<p><img src=\"https://static.tigerbbs.com/9d260a4116c191a67596a81db30e6216\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>What's largely underappreciated here, however, is the sheer strength of the grip Walmart has on the piece of the retail market that's just not going to move online.</p>\n<p>As of the most recent count, there are 10,524 Walmart stores peppered across the planet, with 4,740 conventional stores in the United States alone; that doesn't count the country's nearly 600 Sam's Club stores either. The company estimates that 90% of America's residents live within 10 miles of a Walmart, making it the most accessible physical retailer for roughly 300 million people.</p>\n<p>Walmart isn't resting on the laurels of its geographical reach, though. It's also evolving into a lifestyle company that consumers feel more personally connected to. Locally brewed beers, health clinics, subscription-based delivery service for online orders, curated third-party sellers at Walmart.com, high(er) fashion private label apparel, and technology-installation services are now part of the retailer's repertoire. None are game-changers in and of themselves, but all of them together make Walmart a very easy name to keep shopping with.</p>\n<p>These initiatives won't always translate into firm sales and profit growth, mind you. But they will more often than not, extending its streak of annual revenue growth that goes all the way back to the 1980s.</p>\n<h2><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></h2>\n<p>Lastly, add <b>PayPal</b> (NASDAQ:PYPL) to your list of unstoppable stocks any investor could use to drive reliable long-term growth in their portfolio.</p>\n<p>Sure, other payment processing players have tiptoed onto PayPal's turf.<b> Square</b> has brilliantly penetrated the small merchant market that most payment middlemen were ignoring. Netherlands-based <b>Adyen</b> is carving out a respectable business outside of North America, although it's now making waves within the U.S. as well.</p>\n<p>At the end of the day, though, the first big name in online payments is still the best way for investors to plug into the growing disinterest in cash. PayPal still controls anywhere from 50% to more than 90% of the digital payment market, depending on how you count share and who's doing the counting.</p>\n<p>One thing's for sure. though. That is, regardless of how you tally it, PayPal isn't being dethroned. Indeed, in 2020 -- a year in which rivals had a prime opportunity to attract new users -- PayPal's total volume payment grew 31%, and the company added nearly another 73 million actively used accounts to bring the total to 377 million. Guidance suggests this full year's growth will be almost as impressive.</p>\n<p>Much like Walmart, however, PayPal is no longer limiting itself to its core payments business. The company is now reportedly eyeing ancillary businesses like stock trading after recently adding online savings accounts and cryptocurrency checkout to its app. The sky's the limit with these and other ventures that leverage the established brand name and its nearly 400 million active users.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Unstoppable Investments Everyone Needs in Their Portfolio</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\">\n3 Unstoppable Investments Everyone Needs in Their Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-26 14:09 GMT+8 <a href=https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170614636","content_text":"When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every investor is different, so too are the mixes of their holdings. Different stocks check off different boxes.\nThere's a small handful of solid names, however, that could be at home in any investor's portfolio. Here's a rundown of three of the best of these all-purpose prospects.\nAlphabet\nIt's not a company that needs much of an introduction. Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) is of course parent to the world's most-used search engine, Google.\nWhat may not be fully appreciated by investors, however, is just how dominant Alphabet is within the search engine arena. GlobalStats' statcounter indicates Google is the go-to means of searching the web for almost 86% of the world's computers.\nIt's not just on the search engine front where Alphabet dominates its respective market, either. It's the heavy hitter of mobile operating systems too, with Android installed on nearly 73% of the world's actively used smartphones and tablets.\nAs was the case with search engines, that's a lead Alphabet has enjoyed for a while as well, positioning it perfectly to not only serve as a search engine on mobile devices (95% of them, again according to GlobalStats), but as the easiest platform for downloading apps and other revenue-bearing digital content. All told, Google alone accounts for almost 60% of Alphabet's total revenue.\nThis is no small matter. While most industries change over time in a way that opens the door to new and better competition, the search business as we know it is likely here to stay. Ditto for mobility. Now that we've grown accustomed to remaining constantly connected, we're not apt to regress. Since we're already in the habit of \"Googling\" whatever we want to know and already familiar with the Android operating system, Google's dominance is well shielded for the indefinite future.\nWalmart\nWalmart (NYSE:WMT) won't be winning any growth awards anytime soon. In fact, at the same time e-commerce giant Amazon is working to keep its growth in check, brick-and-mortar retailer Target is nipping at its heels. Many other companies would eventually crumble under such pressure.\n\nImage source: Getty Images.\nWhat's largely underappreciated here, however, is the sheer strength of the grip Walmart has on the piece of the retail market that's just not going to move online.\nAs of the most recent count, there are 10,524 Walmart stores peppered across the planet, with 4,740 conventional stores in the United States alone; that doesn't count the country's nearly 600 Sam's Club stores either. The company estimates that 90% of America's residents live within 10 miles of a Walmart, making it the most accessible physical retailer for roughly 300 million people.\nWalmart isn't resting on the laurels of its geographical reach, though. It's also evolving into a lifestyle company that consumers feel more personally connected to. Locally brewed beers, health clinics, subscription-based delivery service for online orders, curated third-party sellers at Walmart.com, high(er) fashion private label apparel, and technology-installation services are now part of the retailer's repertoire. None are game-changers in and of themselves, but all of them together make Walmart a very easy name to keep shopping with.\nThese initiatives won't always translate into firm sales and profit growth, mind you. But they will more often than not, extending its streak of annual revenue growth that goes all the way back to the 1980s.\nPayPal\nLastly, add PayPal (NASDAQ:PYPL) to your list of unstoppable stocks any investor could use to drive reliable long-term growth in their portfolio.\nSure, other payment processing players have tiptoed onto PayPal's turf. Square has brilliantly penetrated the small merchant market that most payment middlemen were ignoring. Netherlands-based Adyen is carving out a respectable business outside of North America, although it's now making waves within the U.S. as well.\nAt the end of the day, though, the first big name in online payments is still the best way for investors to plug into the growing disinterest in cash. PayPal still controls anywhere from 50% to more than 90% of the digital payment market, depending on how you count share and who's doing the counting.\nOne thing's for sure. though. That is, regardless of how you tally it, PayPal isn't being dethroned. Indeed, in 2020 -- a year in which rivals had a prime opportunity to attract new users -- PayPal's total volume payment grew 31%, and the company added nearly another 73 million actively used accounts to bring the total to 377 million. Guidance suggests this full year's growth will be almost as impressive.\nMuch like Walmart, however, PayPal is no longer limiting itself to its core payments business. The company is now reportedly eyeing ancillary businesses like stock trading after recently adding online savings accounts and cryptocurrency checkout to its app. The sky's the limit with these and other ventures that leverage the established brand name and its nearly 400 million active users.","news_type":1},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861515153,"gmtCreate":1632523387272,"gmtModify":1632713799032,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861515153","repostId":"1104085778","repostType":4,"repost":{"id":"1104085778","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":1632498166,"share":"https://www.laohu8.com/m/news/1104085778?lang=&edition=full","pubTime":"2021-09-24 23:42","market":"us","language":"en","title":"IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104085778","media":"Tiger Newspress","summary":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nS","content":"<p>(Sept 24) <a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company & Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Expenses vs. Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Percentage</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>1.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>3.1%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>1.3%</p></td>\n </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Efficiency Rate</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Multiple</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>100.5</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>22.9</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Market & Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Total Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Total Revenue</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 201,922,000</p></td>\n <td><p>3971.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 22,953,000</p></td>\n <td><p>246.4%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Profit (Loss)</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 116,745,000</p></td>\n <td><p>2253.7%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 8,002,000</p></td>\n <td><p>20.8%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Margin</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>57.82%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>34.86%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>100.00%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Operating Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Operating Profit (Loss)</p></td>\n <td><p>Operating Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 79,463,000</p></td>\n <td><p>39.4%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (45,126,000)</p></td>\n <td><p>-196.6%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,767,000)</p></td>\n <td><p>-313.4%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Net Income (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Net Income (Loss)</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 32,840,000</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (47,352,000)</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,606,000)</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Cash Flow From Operations</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Cash Flow From Operations</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ (37,812,000)</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 92,655,000</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (12,996,000)</p></td>\n </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Measure [TTM]</b></p></td>\n <td><p><b>Amount</b></p></td>\n </tr>\n <tr>\n <td><p>Market Capitalization at IPO</p></td>\n <td><p>$2,299,981,232</p></td>\n </tr>\n <tr>\n <td><p>Enterprise Value</p></td>\n <td><p>$1,874,455,232</p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>10.46</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>8.52</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>35.46</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$0.03</p></td>\n </tr>\n <tr>\n <td><p>Float To Outstanding Shares Ratio</p></td>\n <td><p>8.70%</p></td>\n </tr>\n <tr>\n <td><p>Proposed IPO Midpoint Price per Share</p></td>\n <td><p>$16.00</p></td>\n </tr>\n <tr>\n <td><p>Net Free Cash Flow</p></td>\n <td><p>-$59,920,000</p></td>\n </tr>\n <tr>\n <td><p>Free Cash Flow Yield Per Share</p></td>\n <td><p>-2.61%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>3971.01%</p></td>\n </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Metric</b></p></td>\n <td><p><b>Bio-Rad (BIO)</b></p></td>\n <td><p><b>Cue Health (HLTH)</b></p></td>\n <td><p><b>Variance</b></p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>8.15</p></td>\n <td><p>10.46</p></td>\n <td><p>28.3%</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>7.82</p></td>\n <td><p>8.52</p></td>\n <td><p>9.0%</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>31.66</p></td>\n <td><p>35.46</p></td>\n <td><p>12.0%</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$134.05</p></td>\n <td><p>$0.03</p></td>\n <td><p>-100.0%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>25.6%</p></td>\n <td><p>3971.01%</p></td>\n <td><p>15436.03%</p></td>\n </tr>\n <tr>\n <td><p>(Glossary Of Terms)</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</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>IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.</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\">\nIPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-24 23:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 24) <a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company & Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Expenses vs. Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Percentage</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>1.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>3.1%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>1.3%</p></td>\n </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Efficiency Rate</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Multiple</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>100.5</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>22.9</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Market & Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Total Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Total Revenue</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 201,922,000</p></td>\n <td><p>3971.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 22,953,000</p></td>\n <td><p>246.4%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Profit (Loss)</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 116,745,000</p></td>\n <td><p>2253.7%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 8,002,000</p></td>\n <td><p>20.8%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Margin</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>57.82%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>34.86%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>100.00%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Operating Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Operating Profit (Loss)</p></td>\n <td><p>Operating Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 79,463,000</p></td>\n <td><p>39.4%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (45,126,000)</p></td>\n <td><p>-196.6%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,767,000)</p></td>\n <td><p>-313.4%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Net Income (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Net Income (Loss)</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 32,840,000</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (47,352,000)</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,606,000)</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Cash Flow From Operations</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Cash Flow From Operations</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ (37,812,000)</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 92,655,000</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (12,996,000)</p></td>\n </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Measure [TTM]</b></p></td>\n <td><p><b>Amount</b></p></td>\n </tr>\n <tr>\n <td><p>Market Capitalization at IPO</p></td>\n <td><p>$2,299,981,232</p></td>\n </tr>\n <tr>\n <td><p>Enterprise Value</p></td>\n <td><p>$1,874,455,232</p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>10.46</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>8.52</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>35.46</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$0.03</p></td>\n </tr>\n <tr>\n <td><p>Float To Outstanding Shares Ratio</p></td>\n <td><p>8.70%</p></td>\n </tr>\n <tr>\n <td><p>Proposed IPO Midpoint Price per Share</p></td>\n <td><p>$16.00</p></td>\n </tr>\n <tr>\n <td><p>Net Free Cash Flow</p></td>\n <td><p>-$59,920,000</p></td>\n </tr>\n <tr>\n <td><p>Free Cash Flow Yield Per Share</p></td>\n <td><p>-2.61%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>3971.01%</p></td>\n </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Metric</b></p></td>\n <td><p><b>Bio-Rad (BIO)</b></p></td>\n <td><p><b>Cue Health (HLTH)</b></p></td>\n <td><p><b>Variance</b></p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>8.15</p></td>\n <td><p>10.46</p></td>\n <td><p>28.3%</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>7.82</p></td>\n <td><p>8.52</p></td>\n <td><p>9.0%</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>31.66</p></td>\n <td><p>35.46</p></td>\n <td><p>12.0%</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$134.05</p></td>\n <td><p>$0.03</p></td>\n <td><p>-100.0%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>25.6%</p></td>\n <td><p>3971.01%</p></td>\n <td><p>15436.03%</p></td>\n </tr>\n <tr>\n <td><p>(Glossary Of Terms)</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HLTH":"Cue Health Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104085778","content_text":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nSan Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.\nManagement is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.\nThe company’s primary offerings in its Cue Integrated Care Platform:\n\nHealth monitoring system\nRader\nCartridge\nWand\nData\nDelivery apps\nEnterprise dashboard\nEcosystem integrations\n\nCue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.\nCustomer/User Acquisition\nThe company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.\nManagement expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.\nSales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:\n\n\n\nSales and Marketing\nExpenses vs. Revenue\n\n\nPeriod\nPercentage\n\n\nSix Mos. Ended June 30, 2021\n1.0%\n\n\n2020\n3.1%\n\n\n2019\n1.3%\n\n\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:\n\n\n\nSales and Marketing\nEfficiency Rate\n\n\nPeriod\nMultiple\n\n\nSix Mos. Ended June 30, 2021\n100.5\n\n\n2020\n22.9\n\n\n\nMarket & Competition\nAccording to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.\nThis represents a forecast CAGR of 5.05% from 2021 to 2027.\nThe main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.\nAlso, below is a chart showing the market share of use of detection kits by end-user type:\n\n(Source)\nMajor competitive or other industry participants include:\n\nAbbott Laboratories(NYSE:ABT)\nBecton, Dickinson(NYSE:BDX)\nbioMerieux(OTCPK:BMXMF)\nBio-Rad Laboratories(NYSE:BIO)\nDanaher(NYSE:DHR)\nEllume Limited\nEverly Health\nRoche(OTCQX:RHHBY)(OTCQX:RHHBF)\nFluidigm(NASDAQ:FLDM)\nGenMark Diagnostics(NASDAQ:GNMK)\nOthers\n\nFinancial Performance\nCue’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit and variable gross margin\nA swing to operating profit and net income\nVariable cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\nTotal Revenue\n\n\nPeriod\nTotal Revenue\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 201,922,000\n3971.0%\n\n\n2020\n$ 22,953,000\n246.4%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Profit (Loss)\n\n\nPeriod\nGross Profit (Loss)\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 116,745,000\n2253.7%\n\n\n2020\n$ 8,002,000\n20.8%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Margin\n\n\nPeriod\nGross Margin\n\n\nSix Mos. Ended June 30, 2021\n57.82%\n\n\n2020\n34.86%\n\n\n2019\n100.00%\n\n\n\nOperating Profit (Loss)\n\n\nPeriod\nOperating Profit (Loss)\nOperating Margin\n\n\nSix Mos. Ended June 30, 2021\n$ 79,463,000\n39.4%\n\n\n2020\n$ (45,126,000)\n-196.6%\n\n\n2019\n$ (20,767,000)\n-313.4%\n\n\n\nNet Income (Loss)\n\n\nPeriod\nNet Income (Loss)\n\n\nSix Mos. Ended June 30, 2021\n$ 32,840,000\n\n\n2020\n$ (47,352,000)\n\n\n2019\n$ (20,606,000)\n\n\n\nCash Flow From Operations\n\n\nPeriod\nCash Flow From Operations\n\n\nSix Mos. Ended June 30, 2021\n$ (37,812,000)\n\n\n2020\n$ 92,655,000\n\n\n2019\n$ (12,996,000)\n\n\n\nAs of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($60 million).\nValuation Metrics\nBelow is a table of relevant capitalization and valuation figures for the company:\n\n\n\n\nMeasure [TTM]\nAmount\n\n\nMarket Capitalization at IPO\n$2,299,981,232\n\n\nEnterprise Value\n$1,874,455,232\n\n\nPrice / Sales\n10.46\n\n\nEV / Revenue\n8.52\n\n\nEV / EBITDA\n35.46\n\n\nEarnings Per Share\n$0.03\n\n\nFloat To Outstanding Shares Ratio\n8.70%\n\n\nProposed IPO Midpoint Price per Share\n$16.00\n\n\nNet Free Cash Flow\n-$59,920,000\n\n\nFree Cash Flow Yield Per Share\n-2.61%\n\n\nRevenue Growth Rate\n3971.01%\n\n\n\nAs a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:\n\n\n\n\nMetric\nBio-Rad (BIO)\nCue Health (HLTH)\nVariance\n\n\nPrice / Sales\n8.15\n10.46\n28.3%\n\n\nEV / Revenue\n7.82\n8.52\n9.0%\n\n\nEV / EBITDA\n31.66\n35.46\n12.0%\n\n\nEarnings Per Share\n$134.05\n$0.03\n-100.0%\n\n\nRevenue Growth Rate\n25.6%\n3971.01%\n15436.03%\n\n\n(Glossary Of Terms)\n\n\n\nCommentary\nCue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.\nThe company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations\nFree cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.\nThe market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.\nAs for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.\nGiven Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":868755462,"gmtCreate":1632707443756,"gmtModify":1632798416005,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good ","listText":"Good ","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868755462","repostId":"2170488786","repostType":4,"repost":{"id":"2170488786","pubTimestamp":1632685409,"share":"https://www.laohu8.com/m/news/2170488786?lang=&edition=full","pubTime":"2021-09-27 03:43","market":"other","language":"en","title":"Debt ceiling debates in Congress, consumer confidence: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2170488786","media":"Yahoo Finance","summary":"Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race t","content":"<p>Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the debt ceiling. Elsewhere, economic data on consumer confidence is also due for release.</p>\n<p>The Senate is expected to vote Monday on a procedural motion over the legislation passed by the House of Representatives last week. That bill included a plan to temporarily fund the government through early December, and came alongside a measure to raise the government debt ceiling through December 2022.</p>\n<p>The latter point has been an area of contention for Senate Republicans, who are only narrowly outnumbered by Democratic lawmakers in both chambers and who have threatened to block the bill in its current form.</p>\n<p>Senate Republicans including Minority Leader Mitch McConnell have suggested that Democratic lawmakers should use the budget reconciliation process to raise the debt ceiling without Republican support. McConnell has, however, supported a short-term government funding bill that excludes a debt ceiling suspension.</p>\n<p>\"If they [the Democrats] want to tax, borrow and spend historic sums of money without our input, they’ll have to raise the debt limit without our help. This is the reality,” McConnell said on the Senate floor last week.</p>\n<p>Democratic lawmakers, for their part, have called for the move to raise the debt limit be bipartisan to prevent the government from defaulting on its obligations. The Treasury Department has warned that the U.S. could default on its debts as soon as October in absence of congressional action.</p>\n<p>\"The U.S. has always paid its bills on time, but the overwhelming consensus among economists and Treasury officials of both parties is that failing to raise the debt limit would produce widespread economic catastrophe,\" Treasury Secretary Janet Yellen wrote in an op-ed in the Wall Street Journal last week.</p>\n<p>Federal Reserve Chair Jerome Powell also warned of the consequences of a failure to raise the debt ceiling during his post-FOMC meeting press conference last week.</p>\n<p>\"It's just very important that the debt ceiling be raised in a timely fashion so that the United States can pay its bills when and as they come due. That's a critically important thing,\" he said. \"The failure to do that is something that could result in severe reactions, severe damage to the economy and to the financial markets ... no <a href=\"https://laohu8.com/S/AONE.U\">one</a> should assume that the Fed or anyone else can protect the markets or the economy in the event of a failure.\"</p>\n<p><img src=\"https://static.tigerbbs.com/76c6a59b9c059b09d9267c8298e0b837\" referrerpolicy=\"no-referrer\">A dead Elm tree is removed on the West Front of the Capitol in Washington, Friday, Sept. 10, 2021. (AP Photo/J. Scott Applewhite)ASSOCIATED PRESS</p>\n<p>Amid the standoff, the Office of Management and Budget began warning federal agencies last week to prepare for a potential government shutdown. The reminder served as a standard warning one week out from Congress's deadline to reach an agreement to at least temporarily continue funding the government.</p>\n<p>Though leaders of both political parties have agreed that a continuing resolution to avoid the shutdown at the end of the month is needed, the ongoing tension over raising the debt limit has served as a potential roadblock in this effort.</p>\n<p>\"We still expect Congress to avert a partial government shutdown at the start of October. Republicans won’t vote for the current continuing resolution being touted by the Democratic leadership, which also includes a new debt ceiling suspension,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note Friday. \"But we expect a Plan B to emerge next week with the latter stripped out, which Republicans will support.\"</p>\n<p>\"The bigger issue is that there doesn’t appear to be an easy path to raising the debt ceiling by mid-October, which is when estimates suggest the Treasury’s will exhaust the 'extraordinary measures it is currently using to keep the lights on,\" he added.</p>\n<p>Investors have also grown jittery as the debates wore on, with stocks posting their worst day since May last week amid a confluence of concerns that also included debt concerns with China Evergrande.</p>\n<p>Many strategists, however, have suggested market participants need not be overly concerned about the impacts of a potential government shutdown.</p>\n<p>\"Historically, we've seen that government shutdowns tend to be short-lived,\" Jordan Jackson, JPMorgan Asset Management global market strategist, told Yahoo Finance Live on Friday. \"We also know that for those non-essential federal employees, they do get furlough pay as well.\"</p>\n<p>\"If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, these shutdowns tend to be short-lived and markets — while they may correct in the short-term — they do sort of continue to grind higher,\" he added. \"I think it's certainly a risk in terms of a short-term mini correction there. But again, with all the liquidity out there, I think any sort of blip in the markets will be short-lived.\"</p>\n<p>Historical equity performance during and immediately following a government shutdown has also tended to point to a muted market impact.</p>\n<p>\"In the 14 government shutdowns since 1980, the S&P 500 generated median returns of -0.1% on the dates of budget authority expiration, 0.1% during the shutdown periods, and 0.3% on the dates of resolution,\" David Kostin, Goldman Sachs chief equity strategist, wrote in a note published on Sept. 21.</p>\n<p>\"One notable exception was the most recent federal shutdown in December 2018, when the S&P 500 fell 2% on the spending authority expiration date,\" he added. \"However, this decline was likely driven primarily by investor concerns about Fed tightening.\"</p>\n<p>Kostin also noted that the typical government shutdown since 1980 has only lasted three days before ultimately being resolved. More recent shutdowns have lasted several times longer, however, with the duration of the four most recent federal shutdowns averaging 18 days, Kostin said.</p>\n<h3>Consumer confidence</h3>\n<p>On the economic data front, one of the most closely watched new pieces of data will be on consumer confidence.</p>\n<p>The Conference Board is set to release its September consumer confidence index Tuesday morning. Economists expect the index to tick up only slightly compared to August, with consumers' views on the coronavirus and rising prices stabilizing near the lowest level since February.</p>\n<p>Specifically, consensus economists are looking for the index to rise to 115.0 in September after dropping to 113.8 in August. During the last monthly report, consumers' assessments of current business and labor market conditions both eased, and expectations for the next six months out also deteriorated.</p>\n<p>\"Consumer confidence fell to a six-month low in August, due to concerns around the Delta variant and inflation,\" wrote Bank of America economist Michelle Meyer in a note on Friday. \"We think these concerns largely remained in September.\"</p>\n<p>At the time, Lynn Franco, senior director of economic indicators at the Conference Board, said it was still \"too soon to conclude\" whether decline in consumer confidence would \"result in consumers significantly curtailing their spending in the months ahead.\"</p>\n<p>The latest spending data has also been equivocal. The Commerce Department's latest report showed retail sales rose 0.7% in August after declining in July. However, the categories posting the biggest declines were areas like e-commerce shops and grocery stores, suggesting consumer behavior was shifting back toward stay-in-place trends and away from in-person events like restaurant dining amid the latest wave of the coronavirus.</p>\n<h3>Economic calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Durable goods orders, August preliminary (0.6% expected, -0.1% in July); Durable goods excluding transportation, August preliminary (0.5% expected, 0.8% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.3% expected, 0.1% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.9% in July); Dallas Fed Manufacturing Activity Index, September (11.0 expected, 9.0 in July)</p></li>\n <li><p><b>Tuesday: </b>Advance goods trade balance, August (-$87.0 billion expected, -$86.4 billion in July); Wholesale inventories, month-over-month, August preliminary (0.6% in July); Retail inventories, month-over-month, August (0.4% in July); FHFA House Price Index, month-over-month, July (1.5% expected, 1.6% in July); S&P <a href=\"https://laohu8.com/S/CLGX\">CoreLogic</a> Case-Shiller 20-City Composite Index, month-over-month, July (1.62% expected, 1.77% in June); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (20.1% expected, 19.08% in June); Conference Board Consumer Confidence Index, September (114.2 expected, 113.8 in August); Richmond Fed Manufacturing Index, September (9 in August)</p></li>\n <li><p><b>Wednesday: </b>MBA Mortgage Applications, week ended September 24 (4.9% during prior month); Pending home sales, month-over-month, August (1.0% expected, -1.8% in July)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended September 25 (320,000 expected, 351,000 during prior week); Continuing claims, week ended September 18 (2.845 million during prior week); GDP annualized, quarter-over-quarter, second-quarter third estimate (6.7% expected, 6.6% in prior estimate); Personal consumption, second-quarter third estimate (11.9% in prior estimate); Core personal consumption expenditures, second quarter third estimate (6.1% in prior estimate); MNI Chicago PMI, September (65.0 expected, 66.8 in August)</p></li>\n <li><p><b>Friday: </b>Personal income, August (0.2% expected, 1.1% in July); Personal spending, August (0.7% expected, 0.3% in July); Personal consumption expenditures core deflator, month-over-over, August (0.2% expected, 0.3% in July); Personal consumption expenditures core deflator, year-over-year, August (3.6% expected, 3.6% in July); <a href=\"https://laohu8.com/S/MRKT\">Markit</a> manufacturing PMI, September final (60.5 in prior estimate); Construction spending, month-over-month, August (0.3% expected, 0.3% in July); University of Michigan sentiment, September final (71.0 expected, 71.0 in prior print); ISM Manufacturing, September (59.5 expected, 59.9 in August)</p></li>\n</ul>\n<h3>Earnings calendar</h3>\n<ul>\n <li><p><b>Monday: </b>Aurora Cannabis (ACB) after market close</p></li>\n <li><p><b>Tuesday: </b>Micron Technology (MU) after market close.</p></li>\n <li><p><b>Wednesday: </b><i>No notable reports scheduled for release</i></p></li>\n <li><p><b>Thursday: </b>CarMax (KMX), Bed Bath & Beyond (BBBY) before market open; Jefferies (JEF) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for releas</i></p></li>\n</ul>","source":"yahoofinance_au","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>Debt ceiling debates in Congress, consumer confidence: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDebt ceiling debates in Congress, consumer confidence: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-27 03:43 GMT+8 <a href=https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.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/e7e749e88d2580d292ffc6ae18d03b65","relate_stocks":{"SPY.AU":"SPDR® S&P 500® ETF Trust"},"source_url":"https://finance.yahoo.com/news/debt-ceiling-debates-in-congress-consumer-confidence-what-to-know-this-week-194329712.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170488786","content_text":"Investors this week are set to closely monitor developments in Washington, D.C., as lawmakers race to pass legislation to avoid a government shutdown by the end of the month and debate raising the debt ceiling. Elsewhere, economic data on consumer confidence is also due for release.\nThe Senate is expected to vote Monday on a procedural motion over the legislation passed by the House of Representatives last week. That bill included a plan to temporarily fund the government through early December, and came alongside a measure to raise the government debt ceiling through December 2022.\nThe latter point has been an area of contention for Senate Republicans, who are only narrowly outnumbered by Democratic lawmakers in both chambers and who have threatened to block the bill in its current form.\nSenate Republicans including Minority Leader Mitch McConnell have suggested that Democratic lawmakers should use the budget reconciliation process to raise the debt ceiling without Republican support. McConnell has, however, supported a short-term government funding bill that excludes a debt ceiling suspension.\n\"If they [the Democrats] want to tax, borrow and spend historic sums of money without our input, they’ll have to raise the debt limit without our help. This is the reality,” McConnell said on the Senate floor last week.\nDemocratic lawmakers, for their part, have called for the move to raise the debt limit be bipartisan to prevent the government from defaulting on its obligations. The Treasury Department has warned that the U.S. could default on its debts as soon as October in absence of congressional action.\n\"The U.S. has always paid its bills on time, but the overwhelming consensus among economists and Treasury officials of both parties is that failing to raise the debt limit would produce widespread economic catastrophe,\" Treasury Secretary Janet Yellen wrote in an op-ed in the Wall Street Journal last week.\nFederal Reserve Chair Jerome Powell also warned of the consequences of a failure to raise the debt ceiling during his post-FOMC meeting press conference last week.\n\"It's just very important that the debt ceiling be raised in a timely fashion so that the United States can pay its bills when and as they come due. That's a critically important thing,\" he said. \"The failure to do that is something that could result in severe reactions, severe damage to the economy and to the financial markets ... no one should assume that the Fed or anyone else can protect the markets or the economy in the event of a failure.\"\nA dead Elm tree is removed on the West Front of the Capitol in Washington, Friday, Sept. 10, 2021. (AP Photo/J. Scott Applewhite)ASSOCIATED PRESS\nAmid the standoff, the Office of Management and Budget began warning federal agencies last week to prepare for a potential government shutdown. The reminder served as a standard warning one week out from Congress's deadline to reach an agreement to at least temporarily continue funding the government.\nThough leaders of both political parties have agreed that a continuing resolution to avoid the shutdown at the end of the month is needed, the ongoing tension over raising the debt limit has served as a potential roadblock in this effort.\n\"We still expect Congress to avert a partial government shutdown at the start of October. Republicans won’t vote for the current continuing resolution being touted by the Democratic leadership, which also includes a new debt ceiling suspension,\" wrote Paul Ashworth, chief North America economist for Capital Economics, in a note Friday. \"But we expect a Plan B to emerge next week with the latter stripped out, which Republicans will support.\"\n\"The bigger issue is that there doesn’t appear to be an easy path to raising the debt ceiling by mid-October, which is when estimates suggest the Treasury’s will exhaust the 'extraordinary measures it is currently using to keep the lights on,\" he added.\nInvestors have also grown jittery as the debates wore on, with stocks posting their worst day since May last week amid a confluence of concerns that also included debt concerns with China Evergrande.\nMany strategists, however, have suggested market participants need not be overly concerned about the impacts of a potential government shutdown.\n\"Historically, we've seen that government shutdowns tend to be short-lived,\" Jordan Jackson, JPMorgan Asset Management global market strategist, told Yahoo Finance Live on Friday. \"We also know that for those non-essential federal employees, they do get furlough pay as well.\"\n\"If it lasts more than 30 days, it's certainly going to have a bigger impact on the economy. But generally speaking, these shutdowns tend to be short-lived and markets — while they may correct in the short-term — they do sort of continue to grind higher,\" he added. \"I think it's certainly a risk in terms of a short-term mini correction there. But again, with all the liquidity out there, I think any sort of blip in the markets will be short-lived.\"\nHistorical equity performance during and immediately following a government shutdown has also tended to point to a muted market impact.\n\"In the 14 government shutdowns since 1980, the S&P 500 generated median returns of -0.1% on the dates of budget authority expiration, 0.1% during the shutdown periods, and 0.3% on the dates of resolution,\" David Kostin, Goldman Sachs chief equity strategist, wrote in a note published on Sept. 21.\n\"One notable exception was the most recent federal shutdown in December 2018, when the S&P 500 fell 2% on the spending authority expiration date,\" he added. \"However, this decline was likely driven primarily by investor concerns about Fed tightening.\"\nKostin also noted that the typical government shutdown since 1980 has only lasted three days before ultimately being resolved. More recent shutdowns have lasted several times longer, however, with the duration of the four most recent federal shutdowns averaging 18 days, Kostin said.\nConsumer confidence\nOn the economic data front, one of the most closely watched new pieces of data will be on consumer confidence.\nThe Conference Board is set to release its September consumer confidence index Tuesday morning. Economists expect the index to tick up only slightly compared to August, with consumers' views on the coronavirus and rising prices stabilizing near the lowest level since February.\nSpecifically, consensus economists are looking for the index to rise to 115.0 in September after dropping to 113.8 in August. During the last monthly report, consumers' assessments of current business and labor market conditions both eased, and expectations for the next six months out also deteriorated.\n\"Consumer confidence fell to a six-month low in August, due to concerns around the Delta variant and inflation,\" wrote Bank of America economist Michelle Meyer in a note on Friday. \"We think these concerns largely remained in September.\"\nAt the time, Lynn Franco, senior director of economic indicators at the Conference Board, said it was still \"too soon to conclude\" whether decline in consumer confidence would \"result in consumers significantly curtailing their spending in the months ahead.\"\nThe latest spending data has also been equivocal. The Commerce Department's latest report showed retail sales rose 0.7% in August after declining in July. However, the categories posting the biggest declines were areas like e-commerce shops and grocery stores, suggesting consumer behavior was shifting back toward stay-in-place trends and away from in-person events like restaurant dining amid the latest wave of the coronavirus.\nEconomic calendar\n\nMonday: Durable goods orders, August preliminary (0.6% expected, -0.1% in July); Durable goods excluding transportation, August preliminary (0.5% expected, 0.8% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.3% expected, 0.1% in July); Non-defense capital goods orders excluding aircraft, August preliminary (0.9% in July); Dallas Fed Manufacturing Activity Index, September (11.0 expected, 9.0 in July)\nTuesday: Advance goods trade balance, August (-$87.0 billion expected, -$86.4 billion in July); Wholesale inventories, month-over-month, August preliminary (0.6% in July); Retail inventories, month-over-month, August (0.4% in July); FHFA House Price Index, month-over-month, July (1.5% expected, 1.6% in July); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (1.62% expected, 1.77% in June); S&P CoreLogic Case-Shiller 20-City Composite Index, month-over-month, July (20.1% expected, 19.08% in June); Conference Board Consumer Confidence Index, September (114.2 expected, 113.8 in August); Richmond Fed Manufacturing Index, September (9 in August)\nWednesday: MBA Mortgage Applications, week ended September 24 (4.9% during prior month); Pending home sales, month-over-month, August (1.0% expected, -1.8% in July)\nThursday: Initial jobless claims, week ended September 25 (320,000 expected, 351,000 during prior week); Continuing claims, week ended September 18 (2.845 million during prior week); GDP annualized, quarter-over-quarter, second-quarter third estimate (6.7% expected, 6.6% in prior estimate); Personal consumption, second-quarter third estimate (11.9% in prior estimate); Core personal consumption expenditures, second quarter third estimate (6.1% in prior estimate); MNI Chicago PMI, September (65.0 expected, 66.8 in August)\nFriday: Personal income, August (0.2% expected, 1.1% in July); Personal spending, August (0.7% expected, 0.3% in July); Personal consumption expenditures core deflator, month-over-over, August (0.2% expected, 0.3% in July); Personal consumption expenditures core deflator, year-over-year, August (3.6% expected, 3.6% in July); Markit manufacturing PMI, September final (60.5 in prior estimate); Construction spending, month-over-month, August (0.3% expected, 0.3% in July); University of Michigan sentiment, September final (71.0 expected, 71.0 in prior print); ISM Manufacturing, September (59.5 expected, 59.9 in August)\n\nEarnings calendar\n\nMonday: Aurora Cannabis (ACB) after market close\nTuesday: Micron Technology (MU) after market close.\nWednesday: No notable reports scheduled for release\nThursday: CarMax (KMX), Bed Bath & Beyond (BBBY) before market open; Jefferies (JEF) after market close\nFriday: No notable reports scheduled for releas","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868621584,"gmtCreate":1632642421748,"gmtModify":1632646963218,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868621584","repostId":"2170614636","repostType":4,"repost":{"id":"2170614636","pubTimestamp":1632636541,"share":"https://www.laohu8.com/m/news/2170614636?lang=&edition=full","pubTime":"2021-09-26 14:09","market":"us","language":"en","title":"3 Unstoppable Investments Everyone Needs in Their Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2170614636","media":"Motley Fool","summary":"It's much easier to remain a market leader than it is to become one, making these three names must-have holdings for nearly any investor.","content":"<p>When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every investor is different, so too are the mixes of their holdings. Different stocks check off different boxes.</p>\n<p>There's a small handful of solid names, however, that could be at home in any investor's portfolio. Here's a rundown of three of the best of these all-purpose prospects.</p>\n<h2>Alphabet</h2>\n<p>It's not a company that needs much of an introduction. <b>Alphabet</b> (NASDAQ:GOOGL) (NASDAQ:GOOG) is of course parent to the world's most-used search engine, Google.</p>\n<p>What may not be fully appreciated by investors, however, is just how dominant Alphabet is within the search engine arena. GlobalStats' statcounter indicates Google is the go-to means of searching the web for almost 86% of the world's computers.</p>\n<p>It's not just on the search engine front where Alphabet dominates its respective market, either. It's the heavy hitter of mobile operating systems too, with Android installed on nearly 73% of the world's actively used smartphones and tablets.</p>\n<p>As was the case with search engines, that's a lead Alphabet has enjoyed for a while as well, positioning it perfectly to not only serve as a search engine on mobile devices (95% of them, again according to GlobalStats), but as the easiest platform for downloading apps and other revenue-bearing digital content. All told, Google alone accounts for almost 60% of Alphabet's total revenue.</p>\n<p>This is no small matter. While most industries change over time in a way that opens the door to new and better competition, the search business as we know it is likely here to stay. Ditto for mobility. Now that we've grown accustomed to remaining constantly connected, we're not apt to regress. Since we're already in the habit of \"Googling\" whatever we want to know and already familiar with the Android operating system, Google's dominance is well shielded for the indefinite future.</p>\n<h2>Walmart</h2>\n<p><b>Walmart</b> (NYSE:WMT) won't be winning any growth awards anytime soon. In fact, at the same time e-commerce giant <b>Amazon</b> is working to keep its growth in check, brick-and-mortar retailer <b>Target</b> is nipping at its heels. Many other companies would eventually crumble under such pressure.</p>\n<p><img src=\"https://static.tigerbbs.com/9d260a4116c191a67596a81db30e6216\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<p>What's largely underappreciated here, however, is the sheer strength of the grip Walmart has on the piece of the retail market that's just not going to move online.</p>\n<p>As of the most recent count, there are 10,524 Walmart stores peppered across the planet, with 4,740 conventional stores in the United States alone; that doesn't count the country's nearly 600 Sam's Club stores either. The company estimates that 90% of America's residents live within 10 miles of a Walmart, making it the most accessible physical retailer for roughly 300 million people.</p>\n<p>Walmart isn't resting on the laurels of its geographical reach, though. It's also evolving into a lifestyle company that consumers feel more personally connected to. Locally brewed beers, health clinics, subscription-based delivery service for online orders, curated third-party sellers at Walmart.com, high(er) fashion private label apparel, and technology-installation services are now part of the retailer's repertoire. None are game-changers in and of themselves, but all of them together make Walmart a very easy name to keep shopping with.</p>\n<p>These initiatives won't always translate into firm sales and profit growth, mind you. But they will more often than not, extending its streak of annual revenue growth that goes all the way back to the 1980s.</p>\n<h2><a href=\"https://laohu8.com/S/PYPL\">PayPal</a></h2>\n<p>Lastly, add <b>PayPal</b> (NASDAQ:PYPL) to your list of unstoppable stocks any investor could use to drive reliable long-term growth in their portfolio.</p>\n<p>Sure, other payment processing players have tiptoed onto PayPal's turf.<b> Square</b> has brilliantly penetrated the small merchant market that most payment middlemen were ignoring. Netherlands-based <b>Adyen</b> is carving out a respectable business outside of North America, although it's now making waves within the U.S. as well.</p>\n<p>At the end of the day, though, the first big name in online payments is still the best way for investors to plug into the growing disinterest in cash. PayPal still controls anywhere from 50% to more than 90% of the digital payment market, depending on how you count share and who's doing the counting.</p>\n<p>One thing's for sure. though. That is, regardless of how you tally it, PayPal isn't being dethroned. Indeed, in 2020 -- a year in which rivals had a prime opportunity to attract new users -- PayPal's total volume payment grew 31%, and the company added nearly another 73 million actively used accounts to bring the total to 377 million. Guidance suggests this full year's growth will be almost as impressive.</p>\n<p>Much like Walmart, however, PayPal is no longer limiting itself to its core payments business. The company is now reportedly eyeing ancillary businesses like stock trading after recently adding online savings accounts and cryptocurrency checkout to its app. The sky's the limit with these and other ventures that leverage the established brand name and its nearly 400 million active users.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Unstoppable Investments Everyone Needs in Their Portfolio</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\">\n3 Unstoppable Investments Everyone Needs in Their Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-26 14:09 GMT+8 <a href=https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2021/09/25/3-unstoppable-investments-everyone-needs-in-their/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170614636","content_text":"When most investors are looking for new stocks to buy, they consider things like their risk tolerance, preferred holding periods, and the ultimate timeframe for reaching their goals. Since every investor is different, so too are the mixes of their holdings. Different stocks check off different boxes.\nThere's a small handful of solid names, however, that could be at home in any investor's portfolio. Here's a rundown of three of the best of these all-purpose prospects.\nAlphabet\nIt's not a company that needs much of an introduction. Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG) is of course parent to the world's most-used search engine, Google.\nWhat may not be fully appreciated by investors, however, is just how dominant Alphabet is within the search engine arena. GlobalStats' statcounter indicates Google is the go-to means of searching the web for almost 86% of the world's computers.\nIt's not just on the search engine front where Alphabet dominates its respective market, either. It's the heavy hitter of mobile operating systems too, with Android installed on nearly 73% of the world's actively used smartphones and tablets.\nAs was the case with search engines, that's a lead Alphabet has enjoyed for a while as well, positioning it perfectly to not only serve as a search engine on mobile devices (95% of them, again according to GlobalStats), but as the easiest platform for downloading apps and other revenue-bearing digital content. All told, Google alone accounts for almost 60% of Alphabet's total revenue.\nThis is no small matter. While most industries change over time in a way that opens the door to new and better competition, the search business as we know it is likely here to stay. Ditto for mobility. Now that we've grown accustomed to remaining constantly connected, we're not apt to regress. Since we're already in the habit of \"Googling\" whatever we want to know and already familiar with the Android operating system, Google's dominance is well shielded for the indefinite future.\nWalmart\nWalmart (NYSE:WMT) won't be winning any growth awards anytime soon. In fact, at the same time e-commerce giant Amazon is working to keep its growth in check, brick-and-mortar retailer Target is nipping at its heels. Many other companies would eventually crumble under such pressure.\n\nImage source: Getty Images.\nWhat's largely underappreciated here, however, is the sheer strength of the grip Walmart has on the piece of the retail market that's just not going to move online.\nAs of the most recent count, there are 10,524 Walmart stores peppered across the planet, with 4,740 conventional stores in the United States alone; that doesn't count the country's nearly 600 Sam's Club stores either. The company estimates that 90% of America's residents live within 10 miles of a Walmart, making it the most accessible physical retailer for roughly 300 million people.\nWalmart isn't resting on the laurels of its geographical reach, though. It's also evolving into a lifestyle company that consumers feel more personally connected to. Locally brewed beers, health clinics, subscription-based delivery service for online orders, curated third-party sellers at Walmart.com, high(er) fashion private label apparel, and technology-installation services are now part of the retailer's repertoire. None are game-changers in and of themselves, but all of them together make Walmart a very easy name to keep shopping with.\nThese initiatives won't always translate into firm sales and profit growth, mind you. But they will more often than not, extending its streak of annual revenue growth that goes all the way back to the 1980s.\nPayPal\nLastly, add PayPal (NASDAQ:PYPL) to your list of unstoppable stocks any investor could use to drive reliable long-term growth in their portfolio.\nSure, other payment processing players have tiptoed onto PayPal's turf. Square has brilliantly penetrated the small merchant market that most payment middlemen were ignoring. Netherlands-based Adyen is carving out a respectable business outside of North America, although it's now making waves within the U.S. as well.\nAt the end of the day, though, the first big name in online payments is still the best way for investors to plug into the growing disinterest in cash. PayPal still controls anywhere from 50% to more than 90% of the digital payment market, depending on how you count share and who's doing the counting.\nOne thing's for sure. though. That is, regardless of how you tally it, PayPal isn't being dethroned. Indeed, in 2020 -- a year in which rivals had a prime opportunity to attract new users -- PayPal's total volume payment grew 31%, and the company added nearly another 73 million actively used accounts to bring the total to 377 million. Guidance suggests this full year's growth will be almost as impressive.\nMuch like Walmart, however, PayPal is no longer limiting itself to its core payments business. The company is now reportedly eyeing ancillary businesses like stock trading after recently adding online savings accounts and cryptocurrency checkout to its app. The sky's the limit with these and other ventures that leverage the established brand name and its nearly 400 million active users.","news_type":1},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864007245,"gmtCreate":1633039745905,"gmtModify":1633039746009,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864007245","repostId":"1177631732","repostType":4,"repost":{"id":"1177631732","pubTimestamp":1633015343,"share":"https://www.laohu8.com/m/news/1177631732?lang=&edition=full","pubTime":"2021-09-30 23:22","market":"us","language":"en","title":"Stock Market’s September Slump Exposes Messy Underside","url":"https://stock-news.laohu8.com/highlight/detail?id=1177631732","media":"The Wall Street Journal","summary":"Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the qua","content":"<p>Rally hit bump in September, the worst month for S&P 500 since 2020</p>\n<p><img src=\"https://static.tigerbbs.com/2dc5ed0067d93839f180f3bcbdf51678\" tg-width=\"1173\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p>\n<p>Markets are closing out the quarter on a tumultuous note.</p>\n<p>Stocks have pulled back from all-time highs. Shares of large, fast-growing companies are heading toward their worst month since the pandemic-fueled selloff of March 2020, and Treasury yields have shot up to their highest level since June.</p>\n<p>It is hardly the sanguine end to the quarter that investors had hoped for. Many money managers say they are heading into the final few months of the year feeling on edge.</p>\n<p>Central bankers who had thought this year’s rise in inflation would wind up being a short-term phenomenon aren’t sure how long transitory pressures will persist. Strategists who had predicted another strong quarter of economic growth are cutting estimates because of supply-chain bottlenecks and the highly contagious Delta variant of Covid-19. Economic data have also been falling short of expectations.Citigroup’sEconomic Surprise Index, which tracks how much U.S. reports have been exceeding or undershooting estimates, fell this month to its lowest level since June 2020.</p>\n<p>All told, the S&P 500 is still up 16% for the year and on course to notch a sixth straight quarter of gains. The index is just a few percentage points away from its record close hit in early September.</p>\n<p><img src=\"https://static.tigerbbs.com/fe132ae877a10d2796e4c4542444ac3d\" tg-width=\"419\" tg-height=\"554\" width=\"100%\" height=\"auto\"></p>\n<p>“Sometimes the narrative is clean and easy,” said Keith Lerner, co-chief investment officer of Truist Advisory Services. But now, “I feel like you’re having to find opportunities in a market where not everything is moving together anymore.”</p>\n<p>While Mr. Lerner is still betting on stocks rising over the long term, his firm has trimmed its exposure to emerging markets and focused heavily on the U.S., where he expects the economy to be most resilient, even as the global recovery slows.</p>\n<p>One of the most vexing issues for investors and analysts over the past few months has been how quickly the market has churned through winners and losers.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c023ba2843417b17986cb4d2bcbbf0f\" tg-width=\"1050\" tg-height=\"700\" width=\"100%\" height=\"auto\"><span>So far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. The floor of the New York Stock Exchange on Tuesday.</span></p>\n<p>Markets behaved relatively predictably in the first half of the year. Investors favored shares of economically sensitive companies such as banks, manufacturers and airlines and rebuffed relatively pricey technology stocks when it looked as though the rollout of Covid-19 vaccines would help supercharge the economy’s recovery.</p>\n<p>This quarter, as the so-called reopening trade stalled, it became harder for investors to pick dominant trades. Technology stocks surged but then took the brunt of market selloffs in early September and this week—putting the S&P 500 Growth Index on track for its biggest monthly pullback since March 2020.</p>\n<p>The bond market also caught many investors off guard. The yield on the 10-year U.S. Treasury note flitted about a narrow range for much of the quarter, only to stage a six-day rise above 1.50% between last week and Tuesday—its biggest such advance since June 2020, according to Dow Jones Market Data. The move came after the Federal Reserve indicated it was ready to begin reversing its pandemic stimulus programs as early as November and considering raising interest rates next year, given a jump in inflation.</p>\n<p>“Even though there’s all this discussion about the market being resilient, the churn under the surface has shown more weakness,” said Liz Ann Sonders, chief investment strategist of Charles Schwab.</p>\n<p>Ms. Sonders attributed the swift rotations taking place in the market to a bevy of investor worries.</p>\n<p>“You have concerns about the virus, then you add on top of it concerns about the debt ceiling, some arguably more mixed economic data recently, [and] uncertainty about monetary policy,” she said. “I don’t know if we’ll get out of this mode anytime soon.”</p>\n<p>Another issue weighing on investors’ minds: inflation.</p>\n<p>So far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. Earnings for S&P 500 companies have beaten analysts’ estimates by double-digit percentages since the second quarter of 2020, according to Morgan Stanley equity strategist Michael Wilson. That is compared with a median beat rate of 5% going back to 2008.</p>\n<p>Yet with supply-chain disruptions and labor shortages persisting around the country, Mr. Wilson said it is hard to believe companies will be able to maintain that momentum.</p>\n<p>Between June and September, 224 S&P 500 companies mentioned inflation on their second-quarter earnings calls, according to FactSet. That is the highest number since FactSet began tracking the data in 2010.</p>\n<p><img src=\"https://static.tigerbbs.com/9cc010172cb9d8099b1b19971a2037d6\" tg-width=\"443\" tg-height=\"625\" width=\"100%\" height=\"auto\"></p>\n<p>Historically, when a relatively high number of companies have mentioned inflation, profit margins have shrunk, Mr. Wilson said.</p>\n<p>Investors are left grappling with one big question: How much of that has already been priced into markets?</p>\n<p>“I’m a little concerned about 2022,” said Karyn Cavanaugh, chief investment officer of Carolinas Wealth Management. “When we don’t see the double-digit increases we’re used to for earnings, are the markets going to ask, ‘Hey, what have you done for me lately?’ ”</p>\n<p>Ms. Cavanaugh has been advising clients to focus on “wide moat stocks”—companies with a strong record of delivering profits regardless of whether growth is slowing or accelerating because they maintain a competitive advantage over their peers.</p>\n<p>Given so many potential issues remain unresolved, from debt negotiations and potential changes to the tax code in Washington to the pandemic, Ms. Cavanaugh said she expects the market’s path from here to be bumpy.</p>\n<p>“We could be in for a bit of a grind,” she said.</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>Stock Market’s September Slump Exposes Messy Underside</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\">\nStock Market’s September Slump Exposes Messy Underside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 23:22 GMT+8 <a href=https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the quarter on a tumultuous note.\nStocks have pulled back from all-time highs. Shares of large, fast-...</p>\n\n<a href=\"https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.wsj.com/articles/stock-markets-september-slump-exposes-messy-underside-11632999601?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177631732","content_text":"Rally hit bump in September, the worst month for S&P 500 since 2020\n\nMarkets are closing out the quarter on a tumultuous note.\nStocks have pulled back from all-time highs. Shares of large, fast-growing companies are heading toward their worst month since the pandemic-fueled selloff of March 2020, and Treasury yields have shot up to their highest level since June.\nIt is hardly the sanguine end to the quarter that investors had hoped for. Many money managers say they are heading into the final few months of the year feeling on edge.\nCentral bankers who had thought this year’s rise in inflation would wind up being a short-term phenomenon aren’t sure how long transitory pressures will persist. Strategists who had predicted another strong quarter of economic growth are cutting estimates because of supply-chain bottlenecks and the highly contagious Delta variant of Covid-19. Economic data have also been falling short of expectations.Citigroup’sEconomic Surprise Index, which tracks how much U.S. reports have been exceeding or undershooting estimates, fell this month to its lowest level since June 2020.\nAll told, the S&P 500 is still up 16% for the year and on course to notch a sixth straight quarter of gains. The index is just a few percentage points away from its record close hit in early September.\n\n“Sometimes the narrative is clean and easy,” said Keith Lerner, co-chief investment officer of Truist Advisory Services. But now, “I feel like you’re having to find opportunities in a market where not everything is moving together anymore.”\nWhile Mr. Lerner is still betting on stocks rising over the long term, his firm has trimmed its exposure to emerging markets and focused heavily on the U.S., where he expects the economy to be most resilient, even as the global recovery slows.\nOne of the most vexing issues for investors and analysts over the past few months has been how quickly the market has churned through winners and losers.\nSo far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. The floor of the New York Stock Exchange on Tuesday.\nMarkets behaved relatively predictably in the first half of the year. Investors favored shares of economically sensitive companies such as banks, manufacturers and airlines and rebuffed relatively pricey technology stocks when it looked as though the rollout of Covid-19 vaccines would help supercharge the economy’s recovery.\nThis quarter, as the so-called reopening trade stalled, it became harder for investors to pick dominant trades. Technology stocks surged but then took the brunt of market selloffs in early September and this week—putting the S&P 500 Growth Index on track for its biggest monthly pullback since March 2020.\nThe bond market also caught many investors off guard. The yield on the 10-year U.S. Treasury note flitted about a narrow range for much of the quarter, only to stage a six-day rise above 1.50% between last week and Tuesday—its biggest such advance since June 2020, according to Dow Jones Market Data. The move came after the Federal Reserve indicated it was ready to begin reversing its pandemic stimulus programs as early as November and considering raising interest rates next year, given a jump in inflation.\n“Even though there’s all this discussion about the market being resilient, the churn under the surface has shown more weakness,” said Liz Ann Sonders, chief investment strategist of Charles Schwab.\nMs. Sonders attributed the swift rotations taking place in the market to a bevy of investor worries.\n“You have concerns about the virus, then you add on top of it concerns about the debt ceiling, some arguably more mixed economic data recently, [and] uncertainty about monetary policy,” she said. “I don’t know if we’ll get out of this mode anytime soon.”\nAnother issue weighing on investors’ minds: inflation.\nSo far this year, companies have been able to post robust profits despite rising costs for raw materials and labor. Earnings for S&P 500 companies have beaten analysts’ estimates by double-digit percentages since the second quarter of 2020, according to Morgan Stanley equity strategist Michael Wilson. That is compared with a median beat rate of 5% going back to 2008.\nYet with supply-chain disruptions and labor shortages persisting around the country, Mr. Wilson said it is hard to believe companies will be able to maintain that momentum.\nBetween June and September, 224 S&P 500 companies mentioned inflation on their second-quarter earnings calls, according to FactSet. That is the highest number since FactSet began tracking the data in 2010.\n\nHistorically, when a relatively high number of companies have mentioned inflation, profit margins have shrunk, Mr. Wilson said.\nInvestors are left grappling with one big question: How much of that has already been priced into markets?\n“I’m a little concerned about 2022,” said Karyn Cavanaugh, chief investment officer of Carolinas Wealth Management. “When we don’t see the double-digit increases we’re used to for earnings, are the markets going to ask, ‘Hey, what have you done for me lately?’ ”\nMs. Cavanaugh has been advising clients to focus on “wide moat stocks”—companies with a strong record of delivering profits regardless of whether growth is slowing or accelerating because they maintain a competitive advantage over their peers.\nGiven so many potential issues remain unresolved, from debt negotiations and potential changes to the tax code in Washington to the pandemic, Ms. Cavanaugh said she expects the market’s path from here to be bumpy.\n“We could be in for a bit of a grind,” she said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":611,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861515153,"gmtCreate":1632523387272,"gmtModify":1632713799032,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861515153","repostId":"1104085778","repostType":4,"repost":{"id":"1104085778","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":1632498166,"share":"https://www.laohu8.com/m/news/1104085778?lang=&edition=full","pubTime":"2021-09-24 23:42","market":"us","language":"en","title":"IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.","url":"https://stock-news.laohu8.com/highlight/detail?id=1104085778","media":"Tiger Newspress","summary":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nS","content":"<p>(Sept 24) <a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company & Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Expenses vs. Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Percentage</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>1.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>3.1%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>1.3%</p></td>\n </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Efficiency Rate</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Multiple</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>100.5</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>22.9</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Market & Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Total Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Total Revenue</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 201,922,000</p></td>\n <td><p>3971.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 22,953,000</p></td>\n <td><p>246.4%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Profit (Loss)</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 116,745,000</p></td>\n <td><p>2253.7%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 8,002,000</p></td>\n <td><p>20.8%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Margin</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>57.82%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>34.86%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>100.00%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Operating Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Operating Profit (Loss)</p></td>\n <td><p>Operating Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 79,463,000</p></td>\n <td><p>39.4%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (45,126,000)</p></td>\n <td><p>-196.6%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,767,000)</p></td>\n <td><p>-313.4%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Net Income (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Net Income (Loss)</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 32,840,000</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (47,352,000)</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,606,000)</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Cash Flow From Operations</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Cash Flow From Operations</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ (37,812,000)</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 92,655,000</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (12,996,000)</p></td>\n </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Measure [TTM]</b></p></td>\n <td><p><b>Amount</b></p></td>\n </tr>\n <tr>\n <td><p>Market Capitalization at IPO</p></td>\n <td><p>$2,299,981,232</p></td>\n </tr>\n <tr>\n <td><p>Enterprise Value</p></td>\n <td><p>$1,874,455,232</p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>10.46</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>8.52</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>35.46</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$0.03</p></td>\n </tr>\n <tr>\n <td><p>Float To Outstanding Shares Ratio</p></td>\n <td><p>8.70%</p></td>\n </tr>\n <tr>\n <td><p>Proposed IPO Midpoint Price per Share</p></td>\n <td><p>$16.00</p></td>\n </tr>\n <tr>\n <td><p>Net Free Cash Flow</p></td>\n <td><p>-$59,920,000</p></td>\n </tr>\n <tr>\n <td><p>Free Cash Flow Yield Per Share</p></td>\n <td><p>-2.61%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>3971.01%</p></td>\n </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Metric</b></p></td>\n <td><p><b>Bio-Rad (BIO)</b></p></td>\n <td><p><b>Cue Health (HLTH)</b></p></td>\n <td><p><b>Variance</b></p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>8.15</p></td>\n <td><p>10.46</p></td>\n <td><p>28.3%</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>7.82</p></td>\n <td><p>8.52</p></td>\n <td><p>9.0%</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>31.66</p></td>\n <td><p>35.46</p></td>\n <td><p>12.0%</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$134.05</p></td>\n <td><p>$0.03</p></td>\n <td><p>-100.0%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>25.6%</p></td>\n <td><p>3971.01%</p></td>\n <td><p>15436.03%</p></td>\n </tr>\n <tr>\n <td><p>(Glossary Of Terms)</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</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>IPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.</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\">\nIPO opening reminder: Cue Health opens for trading at $19.2, up 20% from IPO price.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-24 23:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 24) <a href=\"https://laohu8.com/S/HLTH\">Cue Health Inc.</a> opens for trading at $19.2, up 20% from IPO price.</p>\n<p><img src=\"https://static.tigerbbs.com/c7270662a08ec3dac176aa52bf5cbd1a\" tg-width=\"902\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Company & Technology</b></p>\n<p>San Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.</p>\n<p>Management is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.</p>\n<p>The company’s primary offerings in its Cue Integrated Care Platform:</p>\n<ul>\n <li><p>Health monitoring system</p></li>\n <li><p>Rader</p></li>\n <li><p>Cartridge</p></li>\n <li><p>Wand</p></li>\n <li><p>Data</p></li>\n <li><p>Delivery apps</p></li>\n <li><p>Enterprise dashboard</p></li>\n <li><p>Ecosystem integrations</p></li>\n</ul>\n<p>Cue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.</p>\n<p><b>Customer/User Acquisition</b></p>\n<p>The company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.</p>\n<p>Management expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Expenses vs. Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Percentage</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>1.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>3.1%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>1.3%</p></td>\n </tr>\n </tbody>\n</table>\n<p>The Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:</p>\n<table>\n <tbody>\n <tr>\n <td><p><b>Sales and Marketing</b></p></td>\n <td><p><b>Efficiency Rate</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Multiple</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>100.5</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>22.9</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Market & Competition</b></p>\n<p>According to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.</p>\n<p>This represents a forecast CAGR of 5.05% from 2021 to 2027.</p>\n<p>The main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.</p>\n<p>Also, below is a chart showing the market share of use of detection kits by end-user type:</p>\n<p><img src=\"https://static.tigerbbs.com/4b7fc60b336bae7685e08132f8176b57\" tg-width=\"1158\" tg-height=\"618\" referrerpolicy=\"no-referrer\"></p>\n<p>(Source)</p>\n<p>Major competitive or other industry participants include:</p>\n<ul>\n <li><p>Abbott Laboratories(NYSE:ABT)</p></li>\n <li><p>Becton, Dickinson(NYSE:BDX)</p></li>\n <li><p>bioMerieux(OTCPK:BMXMF)</p></li>\n <li><p>Bio-Rad Laboratories(NYSE:BIO)</p></li>\n <li><p>Danaher(NYSE:DHR)</p></li>\n <li><p>Ellume Limited</p></li>\n <li><p>Everly Health</p></li>\n <li><p>Roche(OTCQX:RHHBY)(OTCQX:RHHBF)</p></li>\n <li><p>Fluidigm(NASDAQ:FLDM)</p></li>\n <li><p>GenMark Diagnostics(NASDAQ:GNMK)</p></li>\n <li><p>Others</p></li>\n</ul>\n<p><b>Financial Performance</b></p>\n<p>Cue’s recent financial results can be summarized as follows:</p>\n<ul>\n <li><p>Sharply growing top line revenue</p></li>\n <li><p>Increasing gross profit and variable gross margin</p></li>\n <li><p>A swing to operating profit and net income</p></li>\n <li><p>Variable cash flow from operations</p></li>\n</ul>\n<p>Below are relevant financial results derived from the firm’s registration statement:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Total Revenue</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Total Revenue</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 201,922,000</p></td>\n <td><p>3971.0%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 22,953,000</p></td>\n <td><p>246.4%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Profit (Loss)</p></td>\n <td><p>% Variance vs. Prior</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 116,745,000</p></td>\n <td><p>2253.7%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 8,002,000</p></td>\n <td><p>20.8%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ 6,626,000</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Gross Margin</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Gross Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>57.82%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>34.86%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>100.00%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Operating Profit (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Operating Profit (Loss)</p></td>\n <td><p>Operating Margin</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 79,463,000</p></td>\n <td><p>39.4%</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (45,126,000)</p></td>\n <td><p>-196.6%</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,767,000)</p></td>\n <td><p>-313.4%</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Net Income (Loss)</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Net Income (Loss)</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ 32,840,000</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ (47,352,000)</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (20,606,000)</p></td>\n </tr>\n <tr></tr>\n <tr>\n <td><p><b>Cash Flow From Operations</b></p></td>\n </tr>\n <tr>\n <td><p>Period</p></td>\n <td><p>Cash Flow From Operations</p></td>\n </tr>\n <tr>\n <td><p>Six Mos. Ended June 30, 2021</p></td>\n <td><p>$ (37,812,000)</p></td>\n </tr>\n <tr>\n <td><p>2020</p></td>\n <td><p>$ 92,655,000</p></td>\n </tr>\n <tr>\n <td><p>2019</p></td>\n <td><p>$ (12,996,000)</p></td>\n </tr>\n </tbody>\n</table>\n<p>As of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.</p>\n<p>Free cash flow during the twelve months ended June 30, 2021, was negative ($60 million).</p>\n<p><b>Valuation Metrics</b></p>\n<p>Below is a table of relevant capitalization and valuation figures for the company:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Measure [TTM]</b></p></td>\n <td><p><b>Amount</b></p></td>\n </tr>\n <tr>\n <td><p>Market Capitalization at IPO</p></td>\n <td><p>$2,299,981,232</p></td>\n </tr>\n <tr>\n <td><p>Enterprise Value</p></td>\n <td><p>$1,874,455,232</p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>10.46</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>8.52</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>35.46</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$0.03</p></td>\n </tr>\n <tr>\n <td><p>Float To Outstanding Shares Ratio</p></td>\n <td><p>8.70%</p></td>\n </tr>\n <tr>\n <td><p>Proposed IPO Midpoint Price per Share</p></td>\n <td><p>$16.00</p></td>\n </tr>\n <tr>\n <td><p>Net Free Cash Flow</p></td>\n <td><p>-$59,920,000</p></td>\n </tr>\n <tr>\n <td><p>Free Cash Flow Yield Per Share</p></td>\n <td><p>-2.61%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>3971.01%</p></td>\n </tr>\n </tbody>\n</table>\n<p>As a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:</p>\n<table>\n <colgroup></colgroup>\n <tbody>\n <tr>\n <td><p><b>Metric</b></p></td>\n <td><p><b>Bio-Rad (BIO)</b></p></td>\n <td><p><b>Cue Health (HLTH)</b></p></td>\n <td><p><b>Variance</b></p></td>\n </tr>\n <tr>\n <td><p>Price / Sales</p></td>\n <td><p>8.15</p></td>\n <td><p>10.46</p></td>\n <td><p>28.3%</p></td>\n </tr>\n <tr>\n <td><p>EV / Revenue</p></td>\n <td><p>7.82</p></td>\n <td><p>8.52</p></td>\n <td><p>9.0%</p></td>\n </tr>\n <tr>\n <td><p>EV / EBITDA</p></td>\n <td><p>31.66</p></td>\n <td><p>35.46</p></td>\n <td><p>12.0%</p></td>\n </tr>\n <tr>\n <td><p>Earnings Per Share</p></td>\n <td><p>$134.05</p></td>\n <td><p>$0.03</p></td>\n <td><p>-100.0%</p></td>\n </tr>\n <tr>\n <td><p>Revenue Growth Rate</p></td>\n <td><p>25.6%</p></td>\n <td><p>3971.01%</p></td>\n <td><p>15436.03%</p></td>\n </tr>\n <tr>\n <td><p>(Glossary Of Terms)</p></td>\n </tr>\n </tbody>\n</table>\n<p><b>Commentary</b></p>\n<p>Cue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.</p>\n<p>The company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations</p>\n<p>Free cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).</p>\n<p>Sales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.</p>\n<p>The market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.</p>\n<p>Goldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p>\n<p>The primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.</p>\n<p>As for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.</p>\n<p>Given Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HLTH":"Cue Health Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104085778","content_text":"(Sept 24) Cue Health Inc. opens for trading at $19.2, up 20% from IPO price.\n\nCompany & Technology\nSan Diego, California-based Cue was founded to first develop a COVID-19 test kit and integrated information platform for processing and communication.\nManagement is headed by co-founder, Chairman and CEO Ayub Khattak, who has been with the firm since inception and holds a B.S. in mathematics from UCLA.\nThe company’s primary offerings in its Cue Integrated Care Platform:\n\nHealth monitoring system\nRader\nCartridge\nWand\nData\nDelivery apps\nEnterprise dashboard\nEcosystem integrations\n\nCue has received at least $176 million in equity investment from investors including ACME Capital, Cove Investors, Decheng Capital China Life Sciences, Madrone and NVGA I.\nCustomer/User Acquisition\nThe company pursues healthcare provider relationships through its in-house direct sales team focused on healthcare providers, large enterprises and public sector clients.\nManagement expects 2021 customer demand for its COVID-19 test kits to exceed its manufacturing capacity.\nSales and Marketing expenses as a percentage of total revenue have varied as revenues have increased sharply, as the figures below indicate:\n\n\n\nSales and Marketing\nExpenses vs. Revenue\n\n\nPeriod\nPercentage\n\n\nSix Mos. Ended June 30, 2021\n1.0%\n\n\n2020\n3.1%\n\n\n2019\n1.3%\n\n\n\nThe Sales and Marketing efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Sales and Marketing spend, was 100.5x in the most recent reporting period, as shown in the table below:\n\n\n\nSales and Marketing\nEfficiency Rate\n\n\nPeriod\nMultiple\n\n\nSix Mos. Ended June 30, 2021\n100.5\n\n\n2020\n22.9\n\n\n\nMarket & Competition\nAccording to a 2020 marketresearch reportby Grand View Research, the global market for COVID-19 detection kits was an estimated $3.28 billion in 2020 and is expected to reach $5 billion by 2027.\nThis represents a forecast CAGR of 5.05% from 2021 to 2027.\nThe main drivers for this expected growth are a strong growth in demand for testing services of all types on a global basis.\nAlso, below is a chart showing the market share of use of detection kits by end-user type:\n\n(Source)\nMajor competitive or other industry participants include:\n\nAbbott Laboratories(NYSE:ABT)\nBecton, Dickinson(NYSE:BDX)\nbioMerieux(OTCPK:BMXMF)\nBio-Rad Laboratories(NYSE:BIO)\nDanaher(NYSE:DHR)\nEllume Limited\nEverly Health\nRoche(OTCQX:RHHBY)(OTCQX:RHHBF)\nFluidigm(NASDAQ:FLDM)\nGenMark Diagnostics(NASDAQ:GNMK)\nOthers\n\nFinancial Performance\nCue’s recent financial results can be summarized as follows:\n\nSharply growing top line revenue\nIncreasing gross profit and variable gross margin\nA swing to operating profit and net income\nVariable cash flow from operations\n\nBelow are relevant financial results derived from the firm’s registration statement:\n\n\n\n\nTotal Revenue\n\n\nPeriod\nTotal Revenue\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 201,922,000\n3971.0%\n\n\n2020\n$ 22,953,000\n246.4%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Profit (Loss)\n\n\nPeriod\nGross Profit (Loss)\n% Variance vs. Prior\n\n\nSix Mos. Ended June 30, 2021\n$ 116,745,000\n2253.7%\n\n\n2020\n$ 8,002,000\n20.8%\n\n\n2019\n$ 6,626,000\n\n\n\nGross Margin\n\n\nPeriod\nGross Margin\n\n\nSix Mos. Ended June 30, 2021\n57.82%\n\n\n2020\n34.86%\n\n\n2019\n100.00%\n\n\n\nOperating Profit (Loss)\n\n\nPeriod\nOperating Profit (Loss)\nOperating Margin\n\n\nSix Mos. Ended June 30, 2021\n$ 79,463,000\n39.4%\n\n\n2020\n$ (45,126,000)\n-196.6%\n\n\n2019\n$ (20,767,000)\n-313.4%\n\n\n\nNet Income (Loss)\n\n\nPeriod\nNet Income (Loss)\n\n\nSix Mos. Ended June 30, 2021\n$ 32,840,000\n\n\n2020\n$ (47,352,000)\n\n\n2019\n$ (20,606,000)\n\n\n\nCash Flow From Operations\n\n\nPeriod\nCash Flow From Operations\n\n\nSix Mos. Ended June 30, 2021\n$ (37,812,000)\n\n\n2020\n$ 92,655,000\n\n\n2019\n$ (12,996,000)\n\n\n\nAs of June 30, 2021, Cue had $246.3 million in cash and $516.3 million in total liabilities.\nFree cash flow during the twelve months ended June 30, 2021, was negative ($60 million).\nValuation Metrics\nBelow is a table of relevant capitalization and valuation figures for the company:\n\n\n\n\nMeasure [TTM]\nAmount\n\n\nMarket Capitalization at IPO\n$2,299,981,232\n\n\nEnterprise Value\n$1,874,455,232\n\n\nPrice / Sales\n10.46\n\n\nEV / Revenue\n8.52\n\n\nEV / EBITDA\n35.46\n\n\nEarnings Per Share\n$0.03\n\n\nFloat To Outstanding Shares Ratio\n8.70%\n\n\nProposed IPO Midpoint Price per Share\n$16.00\n\n\nNet Free Cash Flow\n-$59,920,000\n\n\nFree Cash Flow Yield Per Share\n-2.61%\n\n\nRevenue Growth Rate\n3971.01%\n\n\n\nAs a reference, a potential partial and imperfect public comparable to Cue would be Bio-Rad (BIO); below is a comparison of their primary valuation metrics:\n\n\n\n\nMetric\nBio-Rad (BIO)\nCue Health (HLTH)\nVariance\n\n\nPrice / Sales\n8.15\n10.46\n28.3%\n\n\nEV / Revenue\n7.82\n8.52\n9.0%\n\n\nEV / EBITDA\n31.66\n35.46\n12.0%\n\n\nEarnings Per Share\n$134.05\n$0.03\n-100.0%\n\n\nRevenue Growth Rate\n25.6%\n3971.01%\n15436.03%\n\n\n(Glossary Of Terms)\n\n\n\nCommentary\nCue is seeking public investment capital to further scale its commercialization operations as well as continue its R & D efforts.\nThe company’s financials show sharply growing top line revenue, strong growth in gross profit and variable gross margin, a swing to operating profit and net income and highly fluctuating cash flow from or use in operations\nFree cash flow for the twelve months ended June 30, 2021, was an eye-popping negative ($60 million).\nSales and Marketing expenses as a percentage of total revenue have fluctuated as revenues have increased dramatically; its Sales and Marketing efficiency rate was an extremely high 100.5x in the most recent reporting period.\nThe market opportunity for COVID-19 and related test kit platforms is large and will likely grow at a high rate of growth over the coming years as countries around the world seek to bolster their testing capabilities in the wake of the recent global pandemic.\nGoldman Sachs is the lead left underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 39.9% since their IPO. This is a mid-tier performance for all major underwriters during the period.\nThe primary risk to the firm now is that it is essentially a one-product company, so its revenue base is heavily concentrated.\nAs for valuation, compared to partial competitor Bio-Rad Laboratories, the IPO is reasonably valued on a revenue multiple, although Cue is growing at a much higher rate of growth from a much lower revenue base, so the comparison is strained at best.\nGiven Cue’s growth trajectory, profitability and reasonable IPO valuation, the IPO is worth consideration.","news_type":1},"isVote":1,"tweetType":1,"viewCount":532,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864007693,"gmtCreate":1633039726938,"gmtModify":1633039727041,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good..","listText":"Good..","text":"Good..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864007693","repostId":"2171895899","repostType":4,"repost":{"id":"2171895899","pubTimestamp":1633015869,"share":"https://www.laohu8.com/m/news/2171895899?lang=&edition=full","pubTime":"2021-09-30 23:31","market":"us","language":"en","title":"My 3 Top Dividend Stocks for October","url":"https://stock-news.laohu8.com/highlight/detail?id=2171895899","media":"Motley Fool","summary":"There are still plenty of great options out there for investors seeking reliable, above-average income.","content":"<p>We may be stuck in an economic environment marred by oddly low overall interest rates. That has investors searching elsewhere for ways to get a decent return on their investment capital. One option available is dividend-yielding stocks. But finding a decent yield on a dividend-paying stock when the market is generating such high valuations isn't easy.</p>\n<p>Curiously though, not every dividend-paying stock currently sports a rock-bottom yield. A handful of high-quality names are still dishing out above-average dividends and should continue to do so into the indefinite future.</p>\n<p>Here's a closer look at my three favorite such picks right now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ea11d5bf05a1c298d53e5e876dbbd511\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>1. Coca-Cola</h2>\n<p><b>Dividend yield: 3.1%</b></p>\n<p>You know the brand, perhaps as well as any other company in the world. <b>Coca-Cola</b> (NYSE:KO) has been around since 1886 and its products are woven into the very fabric of our culture. Its stock has not only paid a reliable quarterly dividend for decades now, but it has increased its annualized payments every year since 1962. That's the upside of selling products that consumers are willing to buy over and over again (often without a second thought).</p>\n<p>Those who keep close tabs on Coca-Cola may well know the company's top line has been contracting of late (and that was before pandemic-related shutdowns got in the way). Indeed, sales have been slumping since 2013, giving would-be buyers pause. That shrinking top line, however, isn't nearly as much the result of health-minded concerns -- the avoidance of sugary sodas -- as you might think. It's largely by design.</p>\n<p>See, the company has made a point of getting out of the bottling business and it's focusing more on the licensing and franchising business. Namely, it's spent the past few years selling its bottling operations to third-party bottlers who in turn pay the beverage giant royalties for the right to use the brand name. This arrangement translates into lower sales, but brand licensing is a (much) higher-margin business. The new approach to doing business means Coca-Cola is generating more profits than it ever has. That's what income-seeking investors ultimately want to see.</p>\n<h2>2. <a href=\"https://laohu8.com/S/MMM\">3M</a></h2>\n<p><b>Dividend yield: 3.3%</b></p>\n<p>If you're looking for a thrilling stock pick, don't even bother looking at <b>3M</b> (NYSE:MMM). The company isn't developing any cutting-edge technology, researching a cure for cancer, or embracing digital alternatives to government-issued currency. It's boring.</p>\n<p>But, that's kind of the point.</p>\n<p>There's a suite of 3M products you probably know. This is the parent to Post-it notes, Scotch Tape, and Filtrete HVAC filters. That's only a small sampling of what the company sells though. This company also makes products used in the manufacturing of consumer electronics, power line equipment employed by electric utility providers, reflective materials used to make road signs, and food-safety testing materials, just to name a few.</p>\n<p>It's not a stretch to suggest that 3M, in one way or another, is all around you every day. It's a consumer staples stock within the industrial world at least as much as it is in the consumer goods arena. While 3M ran into some fiscal turbulence in 2018, those suppressed profits were ultimately linked to a business transformation meant to drive new growth as well as reduce long-term costs.</p>\n<p>It seems to have worked too, in spades. The $5.91 worth of per-share dividends paid over the course of the past four quarters are only a fraction of the record-breaking per-share profits of $10.17 earned during this time. This company's got plenty of room to keep funding (and raising) its payout.</p>\n<h2>3. Leggett & Platt</h2>\n<p><b>Dividend yield: 3.7%</b></p>\n<p>Finally, I'm adding <b>Leggett & Platt</b> (NYSE:LEG) to my list of top dividend stocks to step into before September ends and October begins.</p>\n<p>Leggett & Platt, of course, makes bedding, furniture, and flooring. They're usually healthy industries, but hardly riveting. Ergo, it's one of those names that's easily -- and often -- overlooked.</p>\n<p>Don't let the ho-hum nature of its business deter you from noticing the fact, however, that this company's top and bottom lines are resilient. For instance, while Leggett did suffer a slowdown in the aftermath of 2007-09's subprime mortgage meltdown, it was only a slight one. That year's revenue of just under $4.1 billion was still within sight of 2006's peak sales of a little less than $4.3 billion, and by 2010 things were humming again. The company was even on pace to report record-breaking sales of around $4.8 billion in 2020 before COVID-19 disrupted things. Even so, Leggett & Platt managed to do nearly $4.3 billion worth of business last year, remaining within sight of 2019's then-record revenue of more than $4.7 billion. Guidance for this year puts a new sales record within reach. And, thanks to a generous stock-buyback program, this year's projected profit of between $2.30 and $2.60 per share puts the prospect of record-breaking earnings on the table as well.</p>\n<p>Then there's the even-more-overlooked detail about Leggett & Platt that investors don't seem to fully appreciate. That is, not only is this furniture and flooring company a Dividend Aristocrat, it's now a Dividend King, boasting 50 consecutive years of annual dividend growth. It's also one of the highest-yielding names right now among the Dividend Aristocrats, dishing out nearly 3.3% of the stock's present price.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>My 3 Top Dividend Stocks for October</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\">\nMy 3 Top Dividend Stocks for October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 23:31 GMT+8 <a href=https://www.fool.com/investing/2021/09/30/top-dividend-stocks-october-coke-3m-leggett/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We may be stuck in an economic environment marred by oddly low overall interest rates. That has investors searching elsewhere for ways to get a decent return on their investment capital. One option ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/30/top-dividend-stocks-october-coke-3m-leggett/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LEG":"礼恩派","MMM":"3M","KO":"可口可乐"},"source_url":"https://www.fool.com/investing/2021/09/30/top-dividend-stocks-october-coke-3m-leggett/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2171895899","content_text":"We may be stuck in an economic environment marred by oddly low overall interest rates. That has investors searching elsewhere for ways to get a decent return on their investment capital. One option available is dividend-yielding stocks. But finding a decent yield on a dividend-paying stock when the market is generating such high valuations isn't easy.\nCuriously though, not every dividend-paying stock currently sports a rock-bottom yield. A handful of high-quality names are still dishing out above-average dividends and should continue to do so into the indefinite future.\nHere's a closer look at my three favorite such picks right now.\nImage source: Getty Images.\n1. Coca-Cola\nDividend yield: 3.1%\nYou know the brand, perhaps as well as any other company in the world. Coca-Cola (NYSE:KO) has been around since 1886 and its products are woven into the very fabric of our culture. Its stock has not only paid a reliable quarterly dividend for decades now, but it has increased its annualized payments every year since 1962. That's the upside of selling products that consumers are willing to buy over and over again (often without a second thought).\nThose who keep close tabs on Coca-Cola may well know the company's top line has been contracting of late (and that was before pandemic-related shutdowns got in the way). Indeed, sales have been slumping since 2013, giving would-be buyers pause. That shrinking top line, however, isn't nearly as much the result of health-minded concerns -- the avoidance of sugary sodas -- as you might think. It's largely by design.\nSee, the company has made a point of getting out of the bottling business and it's focusing more on the licensing and franchising business. Namely, it's spent the past few years selling its bottling operations to third-party bottlers who in turn pay the beverage giant royalties for the right to use the brand name. This arrangement translates into lower sales, but brand licensing is a (much) higher-margin business. The new approach to doing business means Coca-Cola is generating more profits than it ever has. That's what income-seeking investors ultimately want to see.\n2. 3M\nDividend yield: 3.3%\nIf you're looking for a thrilling stock pick, don't even bother looking at 3M (NYSE:MMM). The company isn't developing any cutting-edge technology, researching a cure for cancer, or embracing digital alternatives to government-issued currency. It's boring.\nBut, that's kind of the point.\nThere's a suite of 3M products you probably know. This is the parent to Post-it notes, Scotch Tape, and Filtrete HVAC filters. That's only a small sampling of what the company sells though. This company also makes products used in the manufacturing of consumer electronics, power line equipment employed by electric utility providers, reflective materials used to make road signs, and food-safety testing materials, just to name a few.\nIt's not a stretch to suggest that 3M, in one way or another, is all around you every day. It's a consumer staples stock within the industrial world at least as much as it is in the consumer goods arena. While 3M ran into some fiscal turbulence in 2018, those suppressed profits were ultimately linked to a business transformation meant to drive new growth as well as reduce long-term costs.\nIt seems to have worked too, in spades. The $5.91 worth of per-share dividends paid over the course of the past four quarters are only a fraction of the record-breaking per-share profits of $10.17 earned during this time. This company's got plenty of room to keep funding (and raising) its payout.\n3. Leggett & Platt\nDividend yield: 3.7%\nFinally, I'm adding Leggett & Platt (NYSE:LEG) to my list of top dividend stocks to step into before September ends and October begins.\nLeggett & Platt, of course, makes bedding, furniture, and flooring. They're usually healthy industries, but hardly riveting. Ergo, it's one of those names that's easily -- and often -- overlooked.\nDon't let the ho-hum nature of its business deter you from noticing the fact, however, that this company's top and bottom lines are resilient. For instance, while Leggett did suffer a slowdown in the aftermath of 2007-09's subprime mortgage meltdown, it was only a slight one. That year's revenue of just under $4.1 billion was still within sight of 2006's peak sales of a little less than $4.3 billion, and by 2010 things were humming again. The company was even on pace to report record-breaking sales of around $4.8 billion in 2020 before COVID-19 disrupted things. Even so, Leggett & Platt managed to do nearly $4.3 billion worth of business last year, remaining within sight of 2019's then-record revenue of more than $4.7 billion. Guidance for this year puts a new sales record within reach. And, thanks to a generous stock-buyback program, this year's projected profit of between $2.30 and $2.60 per share puts the prospect of record-breaking earnings on the table as well.\nThen there's the even-more-overlooked detail about Leggett & Platt that investors don't seem to fully appreciate. That is, not only is this furniture and flooring company a Dividend Aristocrat, it's now a Dividend King, boasting 50 consecutive years of annual dividend growth. It's also one of the highest-yielding names right now among the Dividend Aristocrats, dishing out nearly 3.3% of the stock's present price.","news_type":1},"isVote":1,"tweetType":1,"viewCount":652,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868755910,"gmtCreate":1632707390730,"gmtModify":1632798416368,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good nice","listText":"Good nice","text":"Good nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/868755910","repostId":"2170485596","repostType":4,"repost":{"id":"2170485596","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1632695520,"share":"https://www.laohu8.com/m/news/2170485596?lang=&edition=full","pubTime":"2021-09-27 06:32","market":"hk","language":"en","title":"Tesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup","url":"https://stock-news.laohu8.com/highlight/detail?id=2170485596","media":"Dow Jones","summary":"ISS calls for 'no' votes against two big-name directors, and for corporate accountability proposals.","content":"<blockquote>\n <a href=\"https://laohu8.com/S/ISFFF\">ISS</a> calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n</blockquote>\n<p>A powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.</p>\n<p>Meanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.</p>\n<p>A note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.</p>\n<p>ISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.</p>\n<p>Tesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.</p>\n<p>Proposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.</p>\n<p>Tesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB), have near total control in the hands of their founders, their families and other insiders.</p>\n<p>On the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.</p>\n<p>Despite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"</p>\n<p>Last week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.</p>\n<p>Federal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.</p>\n<p>Tesla shares <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> are up about 10% year to date, compared to the S&P 500's nearly 19% gain.</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>Tesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla expands 'Full Self-Driving' beta tests as proxy group urges board shakeup\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-27 06:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <a href=\"https://laohu8.com/S/ISFFF\">ISS</a> calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n</blockquote>\n<p>A powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.</p>\n<p>Meanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.</p>\n<p>A note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of <a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.</p>\n<p>ISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.</p>\n<p>Tesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.</p>\n<p>Proposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.</p>\n<p>Tesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a> and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc. (FB), have near total control in the hands of their founders, their families and other insiders.</p>\n<p>On the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.</p>\n<p>Despite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"</p>\n<p>Last week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.</p>\n<p>Federal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.</p>\n<p>Tesla shares <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> are up about 10% year to date, compared to the S&P 500's nearly 19% gain.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170485596","content_text":"ISS calls for 'no' votes against two big-name directors, and for corporate accountability proposals.\n\nA powerful proxy advisory firm is advising Tesla Inc. shareholders to vote against two current board members and for measures urging greater corporate accountability.\nMeanwhile, Tesla is expanding the number of drivers who can request the beta version of its latest \"Full Self-Driving\" feature, despite concerns from regulators.\nA note by Institutional Shareholder Services on Friday advised voting against directors James Murdoch, who quit the board of News Corp. in 2020, and Kimbal Musk, brother of Tesla CEO Elon Musk. ISS cited directors receiving \"sizeable equity grants\" without providing rationale, raising concerns about the directors' ability to effectively oversee the company's risk. ISS also complained that the board has not been sufficiently responsive to measures that were approved by shareholders last year.\nISS is also recommending \"yes\" votes on shareholder proposals to declassify the board, to issue a diversity and inclusivity report, to report on employee arbitration, and to assign an independent committee to oversee \"human capital management.\" Tesla's board opposes the measures.\nTesla's annual shareholders' meeting is set for Oct. 7 at its factory in Fremont, Calif. Another proposal, supported by both ISS and Tesla's board, would reduce directors' terms to two years, from the current three.\nProposals opposed by Tesla are unlikely to be passed, even if they win a majority of votes. Elon Musk and other insiders control about 25% of voting power, and shareholder supermajorities are required for major changes. That means that without support from Musk and other insiders, nearly 90% of shareholders' support would be needed to overrule them.\nTesla is hardly the only company where shareholders lack much power. Some of the country's biggest and most influential companies, such as Walmart Inc. $(WMT)$ and Facebook Inc. (FB), have near total control in the hands of their founders, their families and other insiders.\nOn the technological side, Tesla over the weekend launched a button on its vehicles' dashboard screens where owners can request a software upgrade to the Full Self-Driving beta version. According to Tesla's website, the company will grant FSB beta access to users who have a proven record of driving safely, determined by a five-factor score compiled by Tesla.\nDespite its name, the Full Self-Driving feature doesn't make the cars fully autonomous, and last week the head of the National Transportation Safety Board called the upgrade premature, and said Tesla's use of that term is \"misleading and irresponsible.\"\nLast week, San Francisco transport authorities also expressed concern about the safety of the FSB feature ahead of the software update.\nFederal regulators have investigated at least 25 crashes over the past five years involving Tesla's Autopilot driver-assistance feature.\nTesla shares $(TSLA)$ are up about 10% year to date, compared to the S&P 500's nearly 19% gain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":877,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864090012,"gmtCreate":1633039806364,"gmtModify":1633039806497,"author":{"id":"3558134443126405","authorId":"3558134443126405","name":"5e4c66fa","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/864090012","repostId":"1128076731","repostType":4,"repost":{"id":"1128076731","pubTimestamp":1633013802,"share":"https://www.laohu8.com/m/news/1128076731?lang=&edition=full","pubTime":"2021-09-30 22:56","market":"us","language":"en","title":"Mortgage Rates Surge, Topping 3% for First Time Since June","url":"https://stock-news.laohu8.com/highlight/detail?id=1128076731","media":"Bloomberg","summary":"Mortgage rates in the U.S. jumped above 3% for the first time in three months.\nThe average for a 30-","content":"<p>Mortgage rates in the U.S. jumped above 3% for the first time in three months.</p>\n<p>The average for a 30-year loan was 3.01%, up from 2.88% last week and the highest since June 24, Freddie Mac said in a statement Thursday.</p>\n<p><img src=\"https://static.tigerbbs.com/a32bec2c1033f35a1353b273fe76dc2d\" tg-width=\"1200\" tg-height=\"675\" width=\"100%\" height=\"auto\"></p>\n<p>Historically low borrowing costs have helped fuel the pandemic housing rally, with a shortage of available homes pushingprices higheras Americans seek larger properties in the suburbs.</p>\n<p>If rates continue to tick up, that could help moderate surging prices, according to Sam Khater, chief economist at Freddie Mac.</p>\n<p>“We expect mortgage rates to continue to rise modestly which will likely have an impact on home prices, causing them to moderate slightly after increasing over the last year,” Khater said.</p>\n<p>Many potential buyers have struggled to find homes they can afford, or lost bidding wars in a market where cash offers have dominated. That’s fueled mounting concerns about affordability, especially for renters looking to become homeowners.</p>\n<p>The 30-year average sunk in 2020 and reached a record low of 2.65% at the beginning of this year. It has climbed since then, tracking yields for 10-year Treasuries, which have been above 1% since January.</p>\n<p>The 10-year yield rose above 1.5% this week for the first time since June.</p>\n<p>With the economy bouncing back from the pandemic, Federal Reserve Chair Jerome Powell said last week the U.S. central bank could begin scaling back asset purchases in November. That came after officials revealed a growing inclination to raise interest rates next year.</p>\n<p>“The biggest risk to mortgage rates right now is inflation,” said Greg McBride, chief financial analyst at Bankrate.com. “Nobody really knows what the path is.”</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>Mortgage Rates Surge, Topping 3% for First Time Since June</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMortgage Rates Surge, Topping 3% for First Time Since June\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 22:56 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-09-30/u-s-mortgage-rates-surge-topping-3-for-first-time-since-june?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mortgage rates in the U.S. jumped above 3% for the first time in three months.\nThe average for a 30-year loan was 3.01%, up from 2.88% last week and the highest since June 24, Freddie Mac said in a ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-09-30/u-s-mortgage-rates-surge-topping-3-for-first-time-since-june?srnd=markets-vp\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-09-30/u-s-mortgage-rates-surge-topping-3-for-first-time-since-june?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128076731","content_text":"Mortgage rates in the U.S. jumped above 3% for the first time in three months.\nThe average for a 30-year loan was 3.01%, up from 2.88% last week and the highest since June 24, Freddie Mac said in a statement Thursday.\n\nHistorically low borrowing costs have helped fuel the pandemic housing rally, with a shortage of available homes pushingprices higheras Americans seek larger properties in the suburbs.\nIf rates continue to tick up, that could help moderate surging prices, according to Sam Khater, chief economist at Freddie Mac.\n“We expect mortgage rates to continue to rise modestly which will likely have an impact on home prices, causing them to moderate slightly after increasing over the last year,” Khater said.\nMany potential buyers have struggled to find homes they can afford, or lost bidding wars in a market where cash offers have dominated. That’s fueled mounting concerns about affordability, especially for renters looking to become homeowners.\nThe 30-year average sunk in 2020 and reached a record low of 2.65% at the beginning of this year. It has climbed since then, tracking yields for 10-year Treasuries, which have been above 1% since January.\nThe 10-year yield rose above 1.5% this week for the first time since June.\nWith the economy bouncing back from the pandemic, Federal Reserve Chair Jerome Powell said last week the U.S. central bank could begin scaling back asset purchases in November. That came after officials revealed a growing inclination to raise interest rates next year.\n“The biggest risk to mortgage rates right now is inflation,” said Greg McBride, chief financial analyst at Bankrate.com. “Nobody really knows what the path is.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":899,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}