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0勋章

2021-07-10

Cool

抱歉，原内容已删除

2021-06-29

Please like n comment

Nvidia shares rose more than 5% to a new high

2021-06-20

Please like and comment

Beware these risky tech stocks in your portfolio, strategist Parker warns

2021-07-02

nice please like and comment

Tesla Q2 2021 produced and delivered over 200,000 vehicles

2021-06-13

Like and comment pls

15 momentum stocks expected to show the best sales growth over the next two years, including Carvana, Tesla and Palantir

2021-04-01

The courses are good

抱歉，原内容已删除

2020-11-13

$NIO Inc.(NIO)$我觉的价格会掉

2021-02-14

下个新期的USA公司财政报告日期分享给大家[财迷] [财迷] [财迷] [开心] [开心]

2021-06-14

Hello please like and cooment

抱歉，原内容已删除

2021-04-15

Like please

@Borui:$Coinbase Global, Inc.(COIN)$割肉离场关注价格等机会再进

2021-04-11

Nice ariticles. Please like

EU seeks new contract with Pfizer/BioNTech for up to 1.8 billion vaccines from 2022 -EU source

2021-03-31

Please like thank you

President Biden will unveil his $2 trillion infrastructure plan today – here are the details

2020-11-11

$NIO Inc.(NIO)$这个是wave什么?

2021-06-14

$Tiger Brokers(TIGR)$to the moon [财迷]

2021-05-14

Like please

Coinbase revenue tripled from last quarter,To Offer Dogecoin In 6 To 8 Weeks

2021-04-29

Like pls

Google rose nearly 6%, and its stock price hit a record high of $2,427

2021-04-11

Anyone tried their software and car??[龇牙]

XPeng Inc.: A Reawakening

2021-08-01

$Pfizer(PFE)$@爱发红包的虎妞看不到财政报报告

2021-07-26

Nice

GameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It

2021-07-10

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href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a><a href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a>看不到财政报报告","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a><a href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a>看不到财政报报告","text":"$Pfizer(PFE)$@爱发红包的虎妞看不到财政报报告","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805097606","isVote":1,"tweetType":1,"viewCount":1415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":808270767,"gmtCreate":1627598980759,"gmtModify":1633758022012,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a>看不到这个新闻。请帮忙","listText":"<a href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a>看不到这个新闻。请帮忙","text":"@爱发红包的虎妞看不到这个新闻。请帮忙","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808270767","repostId":"800939315","repostType":1,"repost":{"id":800939315,"gmtCreate":1627270255537,"gmtModify":1627271143778,"author":{"id":"3539674289973208","authorId":"3539674289973208","name":"节点财经","avatar":"https://static.tigerbbs.com/8bc4a2c77823eb34200081e30d39a4d3","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3539674289973208","authorIdStr":"3539674289973208"},"themes":[],"title":"市值蒸发超6000亿，中国平安还能守住万亿市值吗？","htmlText":"文 / 七公出品 / 节点财经最近一段时间，不管是大盘是涨是跌，中国平安（601318.SH）的表现都相当稳定，那就是不断的下跌。从去年11月30日高点的94.62元/股算起，中国平安累计跌幅近40%，市值蒸发超6000亿元，占同期申万保险板块市值缩水量的一半以上，相当于跌没了一个海康威视！图源：WIND数据随着中国平安股价一路走低，投资者们坐不住了，类似“中国平安股票现在可以买吗？”、“中国平安还有下跌空间吗？”、“平安还有投资价值吗？”的讨论日渐激烈。作为大金融保险龙头标杆之一，市场倚重的白马股，中国平安咋就不香了？风起于青萍之末，浪成于微澜之间，一切亦有迹可循。/ 01 /从千亿资产到万亿资产平安在不涨和大涨间摇摆时间拨回到上世纪80年代，将近而立之年的马明哲跟着淘金大潮来到了深圳蛇口——中国改革开放最早的“试验田”。在这里，他当过工人，做过通讯员，最终落脚社保公司，为日后的职业生涯积累经验。经过两年多打拼，马明哲越发意识到当时我国保险制度的不合时宜和滞后性，他提出模仿香港，走商业保险的路子，将雇主责任险转变为工伤保险，从新的险种入手，避免原来雇主缴纳的保险金贬值。但这一提议很快就被以“工伤保险属于商业保险模式，不在社保公司的经营范围”为由遭到拒绝。彼时，开创一家新型保险公司的念头在马明哲心里扎下了根。此后几年，他忙于递交申请，修改材料，奔波于让想法成为现实。1988年，改革开放带来保险业政策松动的机会，在时任蛇口工业区总指挥袁庚的支持下，以及马明哲不懈的沟通与努力下，中国第一家股份制、地方性的保险企业，即深圳平安保险公司成立，马明哲担任总经理。1994年，平安引入外部投资者高盛和摩根士丹利，借助外资更加精细的管理方式和市场化原则，业务规模迅速扩大，寿险业务超越友邦，证券、信托、期货业务逐步组建和营运。到2001年，中国平安总资产已达1087亿元，营收415.47亿元","listText":"文 / 七公出品 / 节点财经最近一段时间，不管是大盘是涨是跌，中国平安（601318.SH）的表现都相当稳定，那就是不断的下跌。从去年11月30日高点的94.62元/股算起，中国平安累计跌幅近40%，市值蒸发超6000亿元，占同期申万保险板块市值缩水量的一半以上，相当于跌没了一个海康威视！图源：WIND数据随着中国平安股价一路走低，投资者们坐不住了，类似“中国平安股票现在可以买吗？”、“中国平安还有下跌空间吗？”、“平安还有投资价值吗？”的讨论日渐激烈。作为大金融保险龙头标杆之一，市场倚重的白马股，中国平安咋就不香了？风起于青萍之末，浪成于微澜之间，一切亦有迹可循。/ 01 /从千亿资产到万亿资产平安在不涨和大涨间摇摆时间拨回到上世纪80年代，将近而立之年的马明哲跟着淘金大潮来到了深圳蛇口——中国改革开放最早的“试验田”。在这里，他当过工人，做过通讯员，最终落脚社保公司，为日后的职业生涯积累经验。经过两年多打拼，马明哲越发意识到当时我国保险制度的不合时宜和滞后性，他提出模仿香港，走商业保险的路子，将雇主责任险转变为工伤保险，从新的险种入手，避免原来雇主缴纳的保险金贬值。但这一提议很快就被以“工伤保险属于商业保险模式，不在社保公司的经营范围”为由遭到拒绝。彼时，开创一家新型保险公司的念头在马明哲心里扎下了根。此后几年，他忙于递交申请，修改材料，奔波于让想法成为现实。1988年，改革开放带来保险业政策松动的机会，在时任蛇口工业区总指挥袁庚的支持下，以及马明哲不懈的沟通与努力下，中国第一家股份制、地方性的保险企业，即深圳平安保险公司成立，马明哲担任总经理。1994年，平安引入外部投资者高盛和摩根士丹利，借助外资更加精细的管理方式和市场化原则，业务规模迅速扩大，寿险业务超越友邦，证券、信托、期货业务逐步组建和营运。到2001年，中国平安总资产已达1087亿元，营收415.47亿元","text":"文 / 七公出品 / 节点财经最近一段时间，不管是大盘是涨是跌，中国平安（601318.SH）的表现都相当稳定，那就是不断的下跌。从去年11月30日高点的94.62元/股算起，中国平安累计跌幅近40%，市值蒸发超6000亿元，占同期申万保险板块市值缩水量的一半以上，相当于跌没了一个海康威视！图源：WIND数据随着中国平安股价一路走低，投资者们坐不住了，类似“中国平安股票现在可以买吗？”、“中国平安还有下跌空间吗？”、“平安还有投资价值吗？”的讨论日渐激烈。作为大金融保险龙头标杆之一，市场倚重的白马股，中国平安咋就不香了？风起于青萍之末，浪成于微澜之间，一切亦有迹可循。/ 01 /从千亿资产到万亿资产平安在不涨和大涨间摇摆时间拨回到上世纪80年代，将近而立之年的马明哲跟着淘金大潮来到了深圳蛇口——中国改革开放最早的“试验田”。在这里，他当过工人，做过通讯员，最终落脚社保公司，为日后的职业生涯积累经验。经过两年多打拼，马明哲越发意识到当时我国保险制度的不合时宜和滞后性，他提出模仿香港，走商业保险的路子，将雇主责任险转变为工伤保险，从新的险种入手，避免原来雇主缴纳的保险金贬值。但这一提议很快就被以“工伤保险属于商业保险模式，不在社保公司的经营范围”为由遭到拒绝。彼时，开创一家新型保险公司的念头在马明哲心里扎下了根。此后几年，他忙于递交申请，修改材料，奔波于让想法成为现实。1988年，改革开放带来保险业政策松动的机会，在时任蛇口工业区总指挥袁庚的支持下，以及马明哲不懈的沟通与努力下，中国第一家股份制、地方性的保险企业，即深圳平安保险公司成立，马明哲担任总经理。1994年，平安引入外部投资者高盛和摩根士丹利，借助外资更加精细的管理方式和市场化原则，业务规模迅速扩大，寿险业务超越友邦，证券、信托、期货业务逐步组建和营运。到2001年，中国平安总资产已达1087亿元，营收415.47亿元","images":[{"img":"https://static.tigerbbs.com/5dba1335fb343c1d06e07bb41b94f73b"},{"img":"https://static.tigerbbs.com/c45eba3f480847d05dc0d8eebca3bbfb"},{"img":"https://static.tigerbbs.com/34ee0a0c54d217fff8f60226dab08398"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800939315","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":7,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1080,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":801957557,"gmtCreate":1627480778279,"gmtModify":1633764602763,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"已投","listText":"已投","text":"已投","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801957557","repostId":"803570349","repostType":1,"repost":{"id":803570349,"gmtCreate":1627452190981,"gmtModify":1627457774578,"author":{"id":"74125836878304","authorId":"74125836878304","name":"空军大队长","avatar":"https://static.tigerbbs.com/491ac6b2de4e6f00b0c07853ca1c186b","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"74125836878304","authorIdStr":"74125836878304"},"themes":[],"htmlText":"兄弟们麻烦给我们投一下票，在评论区截图奖金给你，分别是空间大队长，柳下惠的气质，少帅铁柱<a href=\"https://laohu8.com/S/TAL\">$好未来(TAL)$</a><a href=\"https://laohu8.com/S/EDU\">$新东方(EDU)$</a><a href=\"https://laohu8.com/S/YANG\">$三倍做空FTSE中国ETF-Direxion(YANG)$</a><a href=\"https://laohu8.com/U/20733756400840\">@我是股神的小腿毛</a><a href=\"https://laohu8.com/U/20733756400840\">@我是股神的小腿毛</a><a href=\"https://laohu8.com/U/27853154588556\">@柳下惠的气质</a><a href=\"https://laohu8.com/U/37000856390400\">@小虎通知</a>","listText":"兄弟们麻烦给我们投一下票，在评论区截图奖金给你，分别是空间大队长，柳下惠的气质，少帅铁柱<a href=\"https://laohu8.com/S/TAL\">$好未来(TAL)$</a><a href=\"https://laohu8.com/S/EDU\">$新东方(EDU)$</a><a href=\"https://laohu8.com/S/YANG\">$三倍做空FTSE中国ETF-Direxion(YANG)$</a><a href=\"https://laohu8.com/U/20733756400840\">@我是股神的小腿毛</a><a href=\"https://laohu8.com/U/20733756400840\">@我是股神的小腿毛</a><a href=\"https://laohu8.com/U/27853154588556\">@柳下惠的气质</a><a href=\"https://laohu8.com/U/37000856390400\">@小虎通知</a>","text":"兄弟们麻烦给我们投一下票，在评论区截图奖金给你，分别是空间大队长，柳下惠的气质，少帅铁柱$好未来(TAL)$$新东方(EDU)$$三倍做空FTSE中国ETF-Direxion(YANG)$@我是股神的小腿毛@我是股神的小腿毛@柳下惠的气质@小虎通知","images":[{"img":"https://static.tigerbbs.com/3da36756264472532e5ffa8a71116576","width":"1131","height":"1093"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803570349","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"subType":2,"comments":[],"imageCount":2,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":1073,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":801922474,"gmtCreate":1627480320398,"gmtModify":1633764611276,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/U/36984908995200\">@小虎活动</a>你好","listText":"<a href=\"https://laohu8.com/U/36984908995200\">@小虎活动</a>你好","text":"@小虎活动你好","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801922474","repostId":"1193811590","repostType":2,"repost":{"id":"1193811590","kind":"news","pubTimestamp":1627298505,"share":"https://www.laohu8.com/m/news/1193811590?lang=&edition=full","pubTime":"2021-07-26 19:21","market":"us","language":"en","title":"GameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It","url":"https://stock-news.laohu8.com/highlight/detail?id=1193811590","media":"seekingalpha","summary":"Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion ","content":"<p><b>Summary</b></p>\n<ul>\n <li>GameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.</li>\n <li>The influx of cash and involvement of activist investors has revived some hope in the fundamental case for this stock.</li>\n <li>But GameStop's eventual demise has only been delayed. Physical media is declining, disc-less consoles are inevitable, and the company has failed to diversify into any growing industry.</li>\n <li>Unless you expect another short squeeze, stay away. Anyone expecting GameStop shares to be much higher 2+ years from now is hoping for a miracle.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53ef42c790928444bac7fd163c42e706\" tg-width=\"768\" tg-height=\"477\" width=\"100%\" height=\"auto\"><span>Brandi Lyon Photography/iStock Editorial via Getty Images</span></p>\n<p><b>GME Mania</b></p>\n<p>The short squeeze that sent GameStop (GME) from $20 to a high of $480 in January has been impressively long-lived. After a dip down to the $50 range, it has stayed above $100 for nearly 5 months. GameStop has taken advantage by raising $1.5B in cash so far.</p>\n<p>That's more than their entire market cap at the beginning of the year, so it's true that their position has improved dramatically. They repaid most of their long-term debt and the charts below don't even reflect the most recent&nbsp;$1.1 billion&nbsp;they raised.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2494b2f5466e9ef18884e8a5cf42531b\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Their immediate future has been secured, but the long-term outlook hasn't changed. Unless you expect another short squeeze, there's no reason to think GME can go higher on fundamental value. The ~$2B they have in cash doesn't come close to their $13 billion dollar market cap. To make up that gap you would need to believe their business is worth billions, but it's currently in demise.</p>\n<p><b>The Business</b></p>\n<p>GameStop's&nbsp;core business&nbsp;is video game hardware and software (mostly physical discs) and the remaining 11% of revenue comes from collectibles.</p>\n<p>Physical videogame discs have been&nbsp;in decline&nbsp;for the same reason as DVD movies - direct digital downloads are replacing them. At the&nbsp;start&nbsp;of the PS4/Xbox One generation in 2013, about 10% of console sales were digital. By 2017 it was 50/50, 63% digital by 2019, and 72% during 2020 (probably boosted by the pandemic).</p>\n<p>The trend in their revenue seems to track the decline in physical games. You can also see performance deteriorating before the pandemic ever closed stores. You could blame that performance on the seasonality of the console cycle (4th gen launched in 2013 and 5th in 2020), but revenue still fell below the previous late-stage console cycle even though gross margins shrunk.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57826163b427cb331296fa83656d0ab5\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p><b>Not Exactly Like Blockbuster</b></p>\n<p>The trend in physical games is the biggest factor in GameStop's future, so it's worth analyzing the incentives of both consumers and console makers to switch to digital. Both Sony's (SONY) PlayStation and Microsoft's (MSFT) Xbox have released disc-less versions of their consoles for the first time in the newest generation. They are $100 cheaper than the standard version and potentially open the door to a future where all consoles drop the disc drive.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f2de24c967d3874247ed82241f996ba\" tg-width=\"640\" tg-height=\"305\" width=\"100%\" height=\"auto\"><span>Source: PlayStation.com</span></p>\n<p>First, we should consider the benefits to consumers. The rate they've been switching to digital might already show their preference, but physical games still have advantages. Unlike a download, you can re-sell or give discs to another person. For used games, GameStop offers returns so that you can try a game and return it within 7 days if you don't like it. PlayStation and Xbox generally don't allowreturnsfor their digital stores unless there is a purchasing error. The last benefit is that discs store data which saves some space on the hard drive of the console.</p>\n<p>The case for digital games is similar to streaming vs. DVDs. Avoid the store and download games straight from your console. Although download times could negate that benefit, there are new improvements that allow players to access a portion of a game as the rest downloads or pre-download a game the night before it releases. You also don't have to worry about storing and switching out physical discs, and can log into your account to access your games from a different console.</p>\n<p><b>Console Makers</b></p>\n<p>Console developers are more directly incentivized than consumers to push digital downloads. They can sell games to consumers through the digital store on their console, which cuts out retailers like GameStop. They could keep more profit or offer better discounts to gamers. There's also the consideration that a console that costs $100 less is more competitive with alternatives like a PC or Nintendo Switch.</p>\n<p>A significant but overlooked threat to physical games is the affordable game subscription services that both PlayStation and Xbox offer. The biggest advantage of used games is that they can be sold beyond the first consumer and so you can find plenty of affordable, slightly older used games and make money back from them when you're done. But I'd suggest services like the $15/month&nbsp;Xbox Game Pass&nbsp;that charge for access to a library of hundreds of games can address value-oriented customers even better than used games.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4bcff87c4810c6ece2b99d70a7dd05ba\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"><span>Microsoft.com</span></p>\n<p>Gamers don't need to worry about affordable used games if developers are providing affordable access to their back catalog. It makes sense for the developer because they don't make money from used game sales anyway. By letting gamers play an older title they may be persuaded to purchase the newest sequel or paid DLC.</p>\n<p>Another argument for the disc drive is backward compatibility with previous consoles. This point falls completely flat because the new generation of consoles is digitallybackward compatible, allowing users to transfer titles they purchased from the now old generation onto the new console.</p>\n<p>An additional contention is that disc drives will stay because they can also be used as Blu-ray players. The truth is that DVD/Blu-Rays are much less relevant than physical games. DVD/Blu-raysaleshave dropped from $10 Billion in 2010 to less than $3B the past four quarters starting from Q2 2020.</p>\n<p>On top of that, the $100 discount for buying a digital console is more than enough to buy a stand-alone Blu-ray player, so that audience can go elsewhere and isn't incentivized to buy a game console if they didn't want one already. Another way to put it is that losing Blu-ray capability shouldn't affect demand for consoles.</p>\n<p>The biggest reason neither company has given up the disc drive yet, and might not next generation, is that they are worried about the competition taking over retail distribution channels. 72% of console software sales were digital in 2020 and that should only grow over time, but even the remaining 28% is still meaningful. If only one of them gave up the disc drive, the competitors could keep it and be the only ones selling in GameStop and other retailers. So it's possible that both consoles will keep disc drives until physical discs are a truly tiny portion of the market.</p>\n<p><b>Uncertain Future</b></p>\n<p>The problem for GameStop is that even if the console makers don't try to cut out discs in a new generation, the market is shrinking and has been for over a decade. GameStop isn't alone in their market either, since you can buy the same products (except used games) at Walmart, Target, Best Buy, Amazon, or even used games on eBay and other sites.</p>\n<p>With so many competitors, GameStop tries to differentiate itself by offering better service and having knowledgeable staff. But their own activist investorRyan Cohendiscovered stores had dusty shelves, poor customer service, and empty racks. From how it sounds, GameStop will have to spend money just to bring their retail experience up to par. It is going to be hard to stand out when so many excellent retailers sell the same product at the same price.</p>\n<p>Even thethirdof sales that were from E-commerce in 2020 have to compete with Amazon and every other e-commerce platform.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0dfc710890a2903c5e849489bb962a26\" tg-width=\"640\" tg-height=\"301\" width=\"100%\" height=\"auto\"><span>GameStop.com</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edd6b6ac51b05627bb8d471a954b385c\" tg-width=\"640\" tg-height=\"260\" width=\"100%\" height=\"auto\"><span>Amazon.com</span></p>\n<p>You can find the exact same games on Amazon.com or Walmart.com and those two actually have 1-day and 2-day shipping compared to GameStop's 2-5 day shipping. Online sales might even have less of a moat than retail because the buying experience is so comparable and GameStop will never have the distribution and marketing scale that Amazon does.</p>\n<p>A lot is made of what GameStop's retail store base could<i>become</i>since they are the largest retail brand exclusively dedicated to video games and still have over 4,000 stores. The problem is that GameStop had years to make attempts since they startedclosing storesin 2014 and the then CEO said they would expand to \"gaming-adjacent tech fields”. Over these years they've attempted sellingretro/classicvideo games,failed to launcha game subscription service, and made many promises to change the business. In 2019, now departing CEO George Sherman said his GameStop 2.0 plan would turn stores into a \"cultural experience\" and a place to “hang out and try games before buying\". Ryan Cohen's report of the poor retail experience and a continuing decline in sales shows that none of their attempts have worked so far. If there was a way to transform their stores to compete as video games go digital, you would have expected one of their CEOs to have found it over the past decade.</p>\n<p><b>Valuation</b></p>\n<p>A long shot for success like GameStop would have investment potential at a deep value price, but that obviously isn't the case at $180/share. They have an enterprise value of $11B but haven't had significant FCF or EBITDA since 2018 and their market will keep shrinking over time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/141ee00d085dd23d918a860df10739d4\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>GameStop trades at double the valuation of most comparable stocks.</p>\n<p>Best Buy (BBY) has been growing for years and is solidly profitable but trades at an EV/Sales of 0.5 compared to GameStop at 2.1. Target (TGT) and other leaders in retail trade at an EV/Sales below 1.5 and clearly don't have the existential threat to their business that GameStop does.</p>\n<p>GameStop would need a massive turnaround in profitability to ever justify this valuation. With their core market shrinking fast and every attempt to diversify having failed so far, it seems like the stock is massively overvalued and the business could be worth next to nothing if they can't turn a profit.</p>\n<p><b>GME Still Isn't A Short</b></p>\n<p>Even though the stock is convincingly overvalued, it's doesn't seem like a compelling short. There's no reason why GameStop should be valued above $100 per share based on the condition of their business, but that hasn't stopped it from staying above that range for months after the initial squeeze. Without a clear catalyst or idea as to what will eventually bring shares back in line with the reality of their business, which could take years, I'm going to stay away from a short position.</p>\n<p>If GameStop deftly times more share offerings when prices are high, they could bring in additional billions of cash. The share price has held up since the $1 billionATM offeringin June, so they might be able to take it even further. At $180/share, each $1B of shares sold brings in about $14 in cash per share on top of the roughly ~$27/share they have now.</p>\n<p>At some point, enough share offerings could tank the share price, but anyone who is short the stock risks taking a ride if it spikes back to the highs of $400+ or above in the meantime.</p>\n<p>Even if GME shares don't see those highs again, they could stay around the current level for a while. For reasons outlined in my article aboutRobinhood, gamblers are increasingly coming to the stock market. GME is still the most notorious meme stock, and pure speculative interest could keep shares in this range for an untold amount of time. A patient and careful short-seller might be able to manage a position for a decent return, but the uncertainty and volatility should encourage most investors to stay away from a position on either side.</p>\n<p><b>Conclusion</b></p>\n<p>The meme of GME stock is going to run into the reality of GameStop's deteriorating business and overvaluation at some point. The several billion dollars from share offerings will pay their debts and keep them in business short-term, but it will be near impossible to justify the current $13 billion valuation. Competition on all fronts and a lack of any differentiation in a declining market will prevent them from making substantial returns on their capital. The business will eventually be priced as the existentially threatened and hardly profitable retail company that it is.</p>\n<p>If you disagree, feel free to share your thoughts below.</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>GameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It</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\">\nGameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 19:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.\nThe influx of cash and involvement of activist investors has revived some hope in...</p>\n\n<a href=\"https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193811590","content_text":"Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.\nThe influx of cash and involvement of activist investors has revived some hope in the fundamental case for this stock.\nBut GameStop's eventual demise has only been delayed. Physical media is declining, disc-less consoles are inevitable, and the company has failed to diversify into any growing industry.\nUnless you expect another short squeeze, stay away. Anyone expecting GameStop shares to be much higher 2+ years from now is hoping for a miracle.\n\nBrandi Lyon Photography/iStock Editorial via Getty Images\nGME Mania\nThe short squeeze that sent GameStop (GME) from $20 to a high of $480 in January has been impressively long-lived. After a dip down to the $50 range, it has stayed above $100 for nearly 5 months. GameStop has taken advantage by raising $1.5B in cash so far.\nThat's more than their entire market cap at the beginning of the year, so it's true that their position has improved dramatically. They repaid most of their long-term debt and the charts below don't even reflect the most recent $1.1 billion they raised.\nData by YCharts\nTheir immediate future has been secured, but the long-term outlook hasn't changed. Unless you expect another short squeeze, there's no reason to think GME can go higher on fundamental value. The ~$2B they have in cash doesn't come close to their $13 billion dollar market cap. To make up that gap you would need to believe their business is worth billions, but it's currently in demise.\nThe Business\nGameStop's core business is video game hardware and software (mostly physical discs) and the remaining 11% of revenue comes from collectibles.\nPhysical videogame discs have been in decline for the same reason as DVD movies - direct digital downloads are replacing them. At the start of the PS4/Xbox One generation in 2013, about 10% of console sales were digital. By 2017 it was 50/50, 63% digital by 2019, and 72% during 2020 (probably boosted by the pandemic).\nThe trend in their revenue seems to track the decline in physical games. You can also see performance deteriorating before the pandemic ever closed stores. You could blame that performance on the seasonality of the console cycle (4th gen launched in 2013 and 5th in 2020), but revenue still fell below the previous late-stage console cycle even though gross margins shrunk.\nData by YCharts\nNot Exactly Like Blockbuster\nThe trend in physical games is the biggest factor in GameStop's future, so it's worth analyzing the incentives of both consumers and console makers to switch to digital. Both Sony's (SONY) PlayStation and Microsoft's (MSFT) Xbox have released disc-less versions of their consoles for the first time in the newest generation. They are $100 cheaper than the standard version and potentially open the door to a future where all consoles drop the disc drive.\nSource: PlayStation.com\nFirst, we should consider the benefits to consumers. The rate they've been switching to digital might already show their preference, but physical games still have advantages. Unlike a download, you can re-sell or give discs to another person. For used games, GameStop offers returns so that you can try a game and return it within 7 days if you don't like it. PlayStation and Xbox generally don't allowreturnsfor their digital stores unless there is a purchasing error. The last benefit is that discs store data which saves some space on the hard drive of the console.\nThe case for digital games is similar to streaming vs. DVDs. Avoid the store and download games straight from your console. Although download times could negate that benefit, there are new improvements that allow players to access a portion of a game as the rest downloads or pre-download a game the night before it releases. You also don't have to worry about storing and switching out physical discs, and can log into your account to access your games from a different console.\nConsole Makers\nConsole developers are more directly incentivized than consumers to push digital downloads. They can sell games to consumers through the digital store on their console, which cuts out retailers like GameStop. They could keep more profit or offer better discounts to gamers. There's also the consideration that a console that costs $100 less is more competitive with alternatives like a PC or Nintendo Switch.\nA significant but overlooked threat to physical games is the affordable game subscription services that both PlayStation and Xbox offer. The biggest advantage of used games is that they can be sold beyond the first consumer and so you can find plenty of affordable, slightly older used games and make money back from them when you're done. But I'd suggest services like the $15/month Xbox Game Pass that charge for access to a library of hundreds of games can address value-oriented customers even better than used games.\nMicrosoft.com\nGamers don't need to worry about affordable used games if developers are providing affordable access to their back catalog. It makes sense for the developer because they don't make money from used game sales anyway. By letting gamers play an older title they may be persuaded to purchase the newest sequel or paid DLC.\nAnother argument for the disc drive is backward compatibility with previous consoles. This point falls completely flat because the new generation of consoles is digitallybackward compatible, allowing users to transfer titles they purchased from the now old generation onto the new console.\nAn additional contention is that disc drives will stay because they can also be used as Blu-ray players. The truth is that DVD/Blu-Rays are much less relevant than physical games. DVD/Blu-raysaleshave dropped from $10 Billion in 2010 to less than $3B the past four quarters starting from Q2 2020.\nOn top of that, the $100 discount for buying a digital console is more than enough to buy a stand-alone Blu-ray player, so that audience can go elsewhere and isn't incentivized to buy a game console if they didn't want one already. Another way to put it is that losing Blu-ray capability shouldn't affect demand for consoles.\nThe biggest reason neither company has given up the disc drive yet, and might not next generation, is that they are worried about the competition taking over retail distribution channels. 72% of console software sales were digital in 2020 and that should only grow over time, but even the remaining 28% is still meaningful. If only one of them gave up the disc drive, the competitors could keep it and be the only ones selling in GameStop and other retailers. So it's possible that both consoles will keep disc drives until physical discs are a truly tiny portion of the market.\nUncertain Future\nThe problem for GameStop is that even if the console makers don't try to cut out discs in a new generation, the market is shrinking and has been for over a decade. GameStop isn't alone in their market either, since you can buy the same products (except used games) at Walmart, Target, Best Buy, Amazon, or even used games on eBay and other sites.\nWith so many competitors, GameStop tries to differentiate itself by offering better service and having knowledgeable staff. But their own activist investorRyan Cohendiscovered stores had dusty shelves, poor customer service, and empty racks. From how it sounds, GameStop will have to spend money just to bring their retail experience up to par. It is going to be hard to stand out when so many excellent retailers sell the same product at the same price.\nEven thethirdof sales that were from E-commerce in 2020 have to compete with Amazon and every other e-commerce platform.\nGameStop.com\nAmazon.com\nYou can find the exact same games on Amazon.com or Walmart.com and those two actually have 1-day and 2-day shipping compared to GameStop's 2-5 day shipping. Online sales might even have less of a moat than retail because the buying experience is so comparable and GameStop will never have the distribution and marketing scale that Amazon does.\nA lot is made of what GameStop's retail store base couldbecomesince they are the largest retail brand exclusively dedicated to video games and still have over 4,000 stores. The problem is that GameStop had years to make attempts since they startedclosing storesin 2014 and the then CEO said they would expand to \"gaming-adjacent tech fields”. Over these years they've attempted sellingretro/classicvideo games,failed to launcha game subscription service, and made many promises to change the business. In 2019, now departing CEO George Sherman said his GameStop 2.0 plan would turn stores into a \"cultural experience\" and a place to “hang out and try games before buying\". Ryan Cohen's report of the poor retail experience and a continuing decline in sales shows that none of their attempts have worked so far. If there was a way to transform their stores to compete as video games go digital, you would have expected one of their CEOs to have found it over the past decade.\nValuation\nA long shot for success like GameStop would have investment potential at a deep value price, but that obviously isn't the case at $180/share. They have an enterprise value of $11B but haven't had significant FCF or EBITDA since 2018 and their market will keep shrinking over time.\nData by YCharts\nGameStop trades at double the valuation of most comparable stocks.\nBest Buy (BBY) has been growing for years and is solidly profitable but trades at an EV/Sales of 0.5 compared to GameStop at 2.1. Target (TGT) and other leaders in retail trade at an EV/Sales below 1.5 and clearly don't have the existential threat to their business that GameStop does.\nGameStop would need a massive turnaround in profitability to ever justify this valuation. With their core market shrinking fast and every attempt to diversify having failed so far, it seems like the stock is massively overvalued and the business could be worth next to nothing if they can't turn a profit.\nGME Still Isn't A Short\nEven though the stock is convincingly overvalued, it's doesn't seem like a compelling short. There's no reason why GameStop should be valued above $100 per share based on the condition of their business, but that hasn't stopped it from staying above that range for months after the initial squeeze. Without a clear catalyst or idea as to what will eventually bring shares back in line with the reality of their business, which could take years, I'm going to stay away from a short position.\nIf GameStop deftly times more share offerings when prices are high, they could bring in additional billions of cash. The share price has held up since the $1 billionATM offeringin June, so they might be able to take it even further. At $180/share, each $1B of shares sold brings in about $14 in cash per share on top of the roughly ~$27/share they have now.\nAt some point, enough share offerings could tank the share price, but anyone who is short the stock risks taking a ride if it spikes back to the highs of $400+ or above in the meantime.\nEven if GME shares don't see those highs again, they could stay around the current level for a while. For reasons outlined in my article aboutRobinhood, gamblers are increasingly coming to the stock market. GME is still the most notorious meme stock, and pure speculative interest could keep shares in this range for an untold amount of time. A patient and careful short-seller might be able to manage a position for a decent return, but the uncertainty and volatility should encourage most investors to stay away from a position on either side.\nConclusion\nThe meme of GME stock is going to run into the reality of GameStop's deteriorating business and overvaluation at some point. The several billion dollars from share offerings will pay their debts and keep them in business short-term, but it will be near impossible to justify the current $13 billion valuation. Competition on all fronts and a lack of any differentiation in a declining market will prevent them from making substantial returns on their capital. The business will eventually be priced as the existentially threatened and hardly profitable retail company that it is.\nIf you disagree, feel free to share your thoughts below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":800649063,"gmtCreate":1627300979052,"gmtModify":1633766387431,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800649063","repostId":"1193811590","repostType":4,"repost":{"id":"1193811590","kind":"news","pubTimestamp":1627298505,"share":"https://www.laohu8.com/m/news/1193811590?lang=&edition=full","pubTime":"2021-07-26 19:21","market":"us","language":"en","title":"GameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It","url":"https://stock-news.laohu8.com/highlight/detail?id=1193811590","media":"seekingalpha","summary":"Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion ","content":"<p><b>Summary</b></p>\n<ul>\n <li>GameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.</li>\n <li>The influx of cash and involvement of activist investors has revived some hope in the fundamental case for this stock.</li>\n <li>But GameStop's eventual demise has only been delayed. Physical media is declining, disc-less consoles are inevitable, and the company has failed to diversify into any growing industry.</li>\n <li>Unless you expect another short squeeze, stay away. Anyone expecting GameStop shares to be much higher 2+ years from now is hoping for a miracle.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53ef42c790928444bac7fd163c42e706\" tg-width=\"768\" tg-height=\"477\" width=\"100%\" height=\"auto\"><span>Brandi Lyon Photography/iStock Editorial via Getty Images</span></p>\n<p><b>GME Mania</b></p>\n<p>The short squeeze that sent GameStop (GME) from $20 to a high of $480 in January has been impressively long-lived. After a dip down to the $50 range, it has stayed above $100 for nearly 5 months. GameStop has taken advantage by raising $1.5B in cash so far.</p>\n<p>That's more than their entire market cap at the beginning of the year, so it's true that their position has improved dramatically. They repaid most of their long-term debt and the charts below don't even reflect the most recent&nbsp;$1.1 billion&nbsp;they raised.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2494b2f5466e9ef18884e8a5cf42531b\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Their immediate future has been secured, but the long-term outlook hasn't changed. Unless you expect another short squeeze, there's no reason to think GME can go higher on fundamental value. The ~$2B they have in cash doesn't come close to their $13 billion dollar market cap. To make up that gap you would need to believe their business is worth billions, but it's currently in demise.</p>\n<p><b>The Business</b></p>\n<p>GameStop's&nbsp;core business&nbsp;is video game hardware and software (mostly physical discs) and the remaining 11% of revenue comes from collectibles.</p>\n<p>Physical videogame discs have been&nbsp;in decline&nbsp;for the same reason as DVD movies - direct digital downloads are replacing them. At the&nbsp;start&nbsp;of the PS4/Xbox One generation in 2013, about 10% of console sales were digital. By 2017 it was 50/50, 63% digital by 2019, and 72% during 2020 (probably boosted by the pandemic).</p>\n<p>The trend in their revenue seems to track the decline in physical games. You can also see performance deteriorating before the pandemic ever closed stores. You could blame that performance on the seasonality of the console cycle (4th gen launched in 2013 and 5th in 2020), but revenue still fell below the previous late-stage console cycle even though gross margins shrunk.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57826163b427cb331296fa83656d0ab5\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p><b>Not Exactly Like Blockbuster</b></p>\n<p>The trend in physical games is the biggest factor in GameStop's future, so it's worth analyzing the incentives of both consumers and console makers to switch to digital. Both Sony's (SONY) PlayStation and Microsoft's (MSFT) Xbox have released disc-less versions of their consoles for the first time in the newest generation. They are $100 cheaper than the standard version and potentially open the door to a future where all consoles drop the disc drive.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f2de24c967d3874247ed82241f996ba\" tg-width=\"640\" tg-height=\"305\" width=\"100%\" height=\"auto\"><span>Source: PlayStation.com</span></p>\n<p>First, we should consider the benefits to consumers. The rate they've been switching to digital might already show their preference, but physical games still have advantages. Unlike a download, you can re-sell or give discs to another person. For used games, GameStop offers returns so that you can try a game and return it within 7 days if you don't like it. PlayStation and Xbox generally don't allowreturnsfor their digital stores unless there is a purchasing error. The last benefit is that discs store data which saves some space on the hard drive of the console.</p>\n<p>The case for digital games is similar to streaming vs. DVDs. Avoid the store and download games straight from your console. Although download times could negate that benefit, there are new improvements that allow players to access a portion of a game as the rest downloads or pre-download a game the night before it releases. You also don't have to worry about storing and switching out physical discs, and can log into your account to access your games from a different console.</p>\n<p><b>Console Makers</b></p>\n<p>Console developers are more directly incentivized than consumers to push digital downloads. They can sell games to consumers through the digital store on their console, which cuts out retailers like GameStop. They could keep more profit or offer better discounts to gamers. There's also the consideration that a console that costs $100 less is more competitive with alternatives like a PC or Nintendo Switch.</p>\n<p>A significant but overlooked threat to physical games is the affordable game subscription services that both PlayStation and Xbox offer. The biggest advantage of used games is that they can be sold beyond the first consumer and so you can find plenty of affordable, slightly older used games and make money back from them when you're done. But I'd suggest services like the $15/month&nbsp;Xbox Game Pass&nbsp;that charge for access to a library of hundreds of games can address value-oriented customers even better than used games.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4bcff87c4810c6ece2b99d70a7dd05ba\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"><span>Microsoft.com</span></p>\n<p>Gamers don't need to worry about affordable used games if developers are providing affordable access to their back catalog. It makes sense for the developer because they don't make money from used game sales anyway. By letting gamers play an older title they may be persuaded to purchase the newest sequel or paid DLC.</p>\n<p>Another argument for the disc drive is backward compatibility with previous consoles. This point falls completely flat because the new generation of consoles is digitallybackward compatible, allowing users to transfer titles they purchased from the now old generation onto the new console.</p>\n<p>An additional contention is that disc drives will stay because they can also be used as Blu-ray players. The truth is that DVD/Blu-Rays are much less relevant than physical games. DVD/Blu-raysaleshave dropped from $10 Billion in 2010 to less than $3B the past four quarters starting from Q2 2020.</p>\n<p>On top of that, the $100 discount for buying a digital console is more than enough to buy a stand-alone Blu-ray player, so that audience can go elsewhere and isn't incentivized to buy a game console if they didn't want one already. Another way to put it is that losing Blu-ray capability shouldn't affect demand for consoles.</p>\n<p>The biggest reason neither company has given up the disc drive yet, and might not next generation, is that they are worried about the competition taking over retail distribution channels. 72% of console software sales were digital in 2020 and that should only grow over time, but even the remaining 28% is still meaningful. If only one of them gave up the disc drive, the competitors could keep it and be the only ones selling in GameStop and other retailers. So it's possible that both consoles will keep disc drives until physical discs are a truly tiny portion of the market.</p>\n<p><b>Uncertain Future</b></p>\n<p>The problem for GameStop is that even if the console makers don't try to cut out discs in a new generation, the market is shrinking and has been for over a decade. GameStop isn't alone in their market either, since you can buy the same products (except used games) at Walmart, Target, Best Buy, Amazon, or even used games on eBay and other sites.</p>\n<p>With so many competitors, GameStop tries to differentiate itself by offering better service and having knowledgeable staff. But their own activist investorRyan Cohendiscovered stores had dusty shelves, poor customer service, and empty racks. From how it sounds, GameStop will have to spend money just to bring their retail experience up to par. It is going to be hard to stand out when so many excellent retailers sell the same product at the same price.</p>\n<p>Even thethirdof sales that were from E-commerce in 2020 have to compete with Amazon and every other e-commerce platform.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0dfc710890a2903c5e849489bb962a26\" tg-width=\"640\" tg-height=\"301\" width=\"100%\" height=\"auto\"><span>GameStop.com</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edd6b6ac51b05627bb8d471a954b385c\" tg-width=\"640\" tg-height=\"260\" width=\"100%\" height=\"auto\"><span>Amazon.com</span></p>\n<p>You can find the exact same games on Amazon.com or Walmart.com and those two actually have 1-day and 2-day shipping compared to GameStop's 2-5 day shipping. Online sales might even have less of a moat than retail because the buying experience is so comparable and GameStop will never have the distribution and marketing scale that Amazon does.</p>\n<p>A lot is made of what GameStop's retail store base could<i>become</i>since they are the largest retail brand exclusively dedicated to video games and still have over 4,000 stores. The problem is that GameStop had years to make attempts since they startedclosing storesin 2014 and the then CEO said they would expand to \"gaming-adjacent tech fields”. Over these years they've attempted sellingretro/classicvideo games,failed to launcha game subscription service, and made many promises to change the business. In 2019, now departing CEO George Sherman said his GameStop 2.0 plan would turn stores into a \"cultural experience\" and a place to “hang out and try games before buying\". Ryan Cohen's report of the poor retail experience and a continuing decline in sales shows that none of their attempts have worked so far. If there was a way to transform their stores to compete as video games go digital, you would have expected one of their CEOs to have found it over the past decade.</p>\n<p><b>Valuation</b></p>\n<p>A long shot for success like GameStop would have investment potential at a deep value price, but that obviously isn't the case at $180/share. They have an enterprise value of $11B but haven't had significant FCF or EBITDA since 2018 and their market will keep shrinking over time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/141ee00d085dd23d918a860df10739d4\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>GameStop trades at double the valuation of most comparable stocks.</p>\n<p>Best Buy (BBY) has been growing for years and is solidly profitable but trades at an EV/Sales of 0.5 compared to GameStop at 2.1. Target (TGT) and other leaders in retail trade at an EV/Sales below 1.5 and clearly don't have the existential threat to their business that GameStop does.</p>\n<p>GameStop would need a massive turnaround in profitability to ever justify this valuation. With their core market shrinking fast and every attempt to diversify having failed so far, it seems like the stock is massively overvalued and the business could be worth next to nothing if they can't turn a profit.</p>\n<p><b>GME Still Isn't A Short</b></p>\n<p>Even though the stock is convincingly overvalued, it's doesn't seem like a compelling short. There's no reason why GameStop should be valued above $100 per share based on the condition of their business, but that hasn't stopped it from staying above that range for months after the initial squeeze. Without a clear catalyst or idea as to what will eventually bring shares back in line with the reality of their business, which could take years, I'm going to stay away from a short position.</p>\n<p>If GameStop deftly times more share offerings when prices are high, they could bring in additional billions of cash. The share price has held up since the $1 billionATM offeringin June, so they might be able to take it even further. At $180/share, each $1B of shares sold brings in about $14 in cash per share on top of the roughly ~$27/share they have now.</p>\n<p>At some point, enough share offerings could tank the share price, but anyone who is short the stock risks taking a ride if it spikes back to the highs of $400+ or above in the meantime.</p>\n<p>Even if GME shares don't see those highs again, they could stay around the current level for a while. For reasons outlined in my article aboutRobinhood, gamblers are increasingly coming to the stock market. GME is still the most notorious meme stock, and pure speculative interest could keep shares in this range for an untold amount of time. A patient and careful short-seller might be able to manage a position for a decent return, but the uncertainty and volatility should encourage most investors to stay away from a position on either side.</p>\n<p><b>Conclusion</b></p>\n<p>The meme of GME stock is going to run into the reality of GameStop's deteriorating business and overvaluation at some point. The several billion dollars from share offerings will pay their debts and keep them in business short-term, but it will be near impossible to justify the current $13 billion valuation. Competition on all fronts and a lack of any differentiation in a declining market will prevent them from making substantial returns on their capital. The business will eventually be priced as the existentially threatened and hardly profitable retail company that it is.</p>\n<p>If you disagree, feel free to share your thoughts below.</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>GameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It</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\">\nGameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 19:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.\nThe influx of cash and involvement of activist investors has revived some hope in...</p>\n\n<a href=\"https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193811590","content_text":"Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.\nThe influx of cash and involvement of activist investors has revived some hope in the fundamental case for this stock.\nBut GameStop's eventual demise has only been delayed. Physical media is declining, disc-less consoles are inevitable, and the company has failed to diversify into any growing industry.\nUnless you expect another short squeeze, stay away. Anyone expecting GameStop shares to be much higher 2+ years from now is hoping for a miracle.\n\nBrandi Lyon Photography/iStock Editorial via Getty Images\nGME Mania\nThe short squeeze that sent GameStop (GME) from $20 to a high of $480 in January has been impressively long-lived. After a dip down to the $50 range, it has stayed above $100 for nearly 5 months. GameStop has taken advantage by raising $1.5B in cash so far.\nThat's more than their entire market cap at the beginning of the year, so it's true that their position has improved dramatically. They repaid most of their long-term debt and the charts below don't even reflect the most recent $1.1 billion they raised.\nData by YCharts\nTheir immediate future has been secured, but the long-term outlook hasn't changed. Unless you expect another short squeeze, there's no reason to think GME can go higher on fundamental value. The ~$2B they have in cash doesn't come close to their $13 billion dollar market cap. To make up that gap you would need to believe their business is worth billions, but it's currently in demise.\nThe Business\nGameStop's core business is video game hardware and software (mostly physical discs) and the remaining 11% of revenue comes from collectibles.\nPhysical videogame discs have been in decline for the same reason as DVD movies - direct digital downloads are replacing them. At the start of the PS4/Xbox One generation in 2013, about 10% of console sales were digital. By 2017 it was 50/50, 63% digital by 2019, and 72% during 2020 (probably boosted by the pandemic).\nThe trend in their revenue seems to track the decline in physical games. You can also see performance deteriorating before the pandemic ever closed stores. You could blame that performance on the seasonality of the console cycle (4th gen launched in 2013 and 5th in 2020), but revenue still fell below the previous late-stage console cycle even though gross margins shrunk.\nData by YCharts\nNot Exactly Like Blockbuster\nThe trend in physical games is the biggest factor in GameStop's future, so it's worth analyzing the incentives of both consumers and console makers to switch to digital. Both Sony's (SONY) PlayStation and Microsoft's (MSFT) Xbox have released disc-less versions of their consoles for the first time in the newest generation. They are $100 cheaper than the standard version and potentially open the door to a future where all consoles drop the disc drive.\nSource: PlayStation.com\nFirst, we should consider the benefits to consumers. The rate they've been switching to digital might already show their preference, but physical games still have advantages. Unlike a download, you can re-sell or give discs to another person. For used games, GameStop offers returns so that you can try a game and return it within 7 days if you don't like it. PlayStation and Xbox generally don't allowreturnsfor their digital stores unless there is a purchasing error. The last benefit is that discs store data which saves some space on the hard drive of the console.\nThe case for digital games is similar to streaming vs. DVDs. Avoid the store and download games straight from your console. Although download times could negate that benefit, there are new improvements that allow players to access a portion of a game as the rest downloads or pre-download a game the night before it releases. You also don't have to worry about storing and switching out physical discs, and can log into your account to access your games from a different console.\nConsole Makers\nConsole developers are more directly incentivized than consumers to push digital downloads. They can sell games to consumers through the digital store on their console, which cuts out retailers like GameStop. They could keep more profit or offer better discounts to gamers. There's also the consideration that a console that costs $100 less is more competitive with alternatives like a PC or Nintendo Switch.\nA significant but overlooked threat to physical games is the affordable game subscription services that both PlayStation and Xbox offer. The biggest advantage of used games is that they can be sold beyond the first consumer and so you can find plenty of affordable, slightly older used games and make money back from them when you're done. But I'd suggest services like the $15/month Xbox Game Pass that charge for access to a library of hundreds of games can address value-oriented customers even better than used games.\nMicrosoft.com\nGamers don't need to worry about affordable used games if developers are providing affordable access to their back catalog. It makes sense for the developer because they don't make money from used game sales anyway. By letting gamers play an older title they may be persuaded to purchase the newest sequel or paid DLC.\nAnother argument for the disc drive is backward compatibility with previous consoles. This point falls completely flat because the new generation of consoles is digitallybackward compatible, allowing users to transfer titles they purchased from the now old generation onto the new console.\nAn additional contention is that disc drives will stay because they can also be used as Blu-ray players. The truth is that DVD/Blu-Rays are much less relevant than physical games. DVD/Blu-raysaleshave dropped from $10 Billion in 2010 to less than $3B the past four quarters starting from Q2 2020.\nOn top of that, the $100 discount for buying a digital console is more than enough to buy a stand-alone Blu-ray player, so that audience can go elsewhere and isn't incentivized to buy a game console if they didn't want one already. Another way to put it is that losing Blu-ray capability shouldn't affect demand for consoles.\nThe biggest reason neither company has given up the disc drive yet, and might not next generation, is that they are worried about the competition taking over retail distribution channels. 72% of console software sales were digital in 2020 and that should only grow over time, but even the remaining 28% is still meaningful. If only one of them gave up the disc drive, the competitors could keep it and be the only ones selling in GameStop and other retailers. So it's possible that both consoles will keep disc drives until physical discs are a truly tiny portion of the market.\nUncertain Future\nThe problem for GameStop is that even if the console makers don't try to cut out discs in a new generation, the market is shrinking and has been for over a decade. GameStop isn't alone in their market either, since you can buy the same products (except used games) at Walmart, Target, Best Buy, Amazon, or even used games on eBay and other sites.\nWith so many competitors, GameStop tries to differentiate itself by offering better service and having knowledgeable staff. But their own activist investorRyan Cohendiscovered stores had dusty shelves, poor customer service, and empty racks. From how it sounds, GameStop will have to spend money just to bring their retail experience up to par. It is going to be hard to stand out when so many excellent retailers sell the same product at the same price.\nEven thethirdof sales that were from E-commerce in 2020 have to compete with Amazon and every other e-commerce platform.\nGameStop.com\nAmazon.com\nYou can find the exact same games on Amazon.com or Walmart.com and those two actually have 1-day and 2-day shipping compared to GameStop's 2-5 day shipping. Online sales might even have less of a moat than retail because the buying experience is so comparable and GameStop will never have the distribution and marketing scale that Amazon does.\nA lot is made of what GameStop's retail store base couldbecomesince they are the largest retail brand exclusively dedicated to video games and still have over 4,000 stores. The problem is that GameStop had years to make attempts since they startedclosing storesin 2014 and the then CEO said they would expand to \"gaming-adjacent tech fields”. Over these years they've attempted sellingretro/classicvideo games,failed to launcha game subscription service, and made many promises to change the business. In 2019, now departing CEO George Sherman said his GameStop 2.0 plan would turn stores into a \"cultural experience\" and a place to “hang out and try games before buying\". Ryan Cohen's report of the poor retail experience and a continuing decline in sales shows that none of their attempts have worked so far. If there was a way to transform their stores to compete as video games go digital, you would have expected one of their CEOs to have found it over the past decade.\nValuation\nA long shot for success like GameStop would have investment potential at a deep value price, but that obviously isn't the case at $180/share. They have an enterprise value of $11B but haven't had significant FCF or EBITDA since 2018 and their market will keep shrinking over time.\nData by YCharts\nGameStop trades at double the valuation of most comparable stocks.\nBest Buy (BBY) has been growing for years and is solidly profitable but trades at an EV/Sales of 0.5 compared to GameStop at 2.1. Target (TGT) and other leaders in retail trade at an EV/Sales below 1.5 and clearly don't have the existential threat to their business that GameStop does.\nGameStop would need a massive turnaround in profitability to ever justify this valuation. With their core market shrinking fast and every attempt to diversify having failed so far, it seems like the stock is massively overvalued and the business could be worth next to nothing if they can't turn a profit.\nGME Still Isn't A Short\nEven though the stock is convincingly overvalued, it's doesn't seem like a compelling short. There's no reason why GameStop should be valued above $100 per share based on the condition of their business, but that hasn't stopped it from staying above that range for months after the initial squeeze. Without a clear catalyst or idea as to what will eventually bring shares back in line with the reality of their business, which could take years, I'm going to stay away from a short position.\nIf GameStop deftly times more share offerings when prices are high, they could bring in additional billions of cash. The share price has held up since the $1 billionATM offeringin June, so they might be able to take it even further. At $180/share, each $1B of shares sold brings in about $14 in cash per share on top of the roughly ~$27/share they have now.\nAt some point, enough share offerings could tank the share price, but anyone who is short the stock risks taking a ride if it spikes back to the highs of $400+ or above in the meantime.\nEven if GME shares don't see those highs again, they could stay around the current level for a while. For reasons outlined in my article aboutRobinhood, gamblers are increasingly coming to the stock market. GME is still the most notorious meme stock, and pure speculative interest could keep shares in this range for an untold amount of time. A patient and careful short-seller might be able to manage a position for a decent return, but the uncertainty and volatility should encourage most investors to stay away from a position on either side.\nConclusion\nThe meme of GME stock is going to run into the reality of GameStop's deteriorating business and overvaluation at some point. The several billion dollars from share offerings will pay their debts and keep them in business short-term, but it will be near impossible to justify the current $13 billion valuation. Competition on all fronts and a lack of any differentiation in a declining market will prevent them from making substantial returns on their capital. The business will eventually be priced as the existentially threatened and hardly profitable retail company that it is.\nIf you disagree, feel free to share your thoughts below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141201840,"gmtCreate":1625873050780,"gmtModify":1633936608728,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141201840","repostId":"2150030193","repostType":4,"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141209192,"gmtCreate":1625872941116,"gmtModify":1633936610533,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141209192","repostId":"1191131157","repostType":2,"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156520176,"gmtCreate":1625231350995,"gmtModify":1633942306942,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"nice please like and comment","listText":"nice please like and comment","text":"nice please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156520176","repostId":"1120069636","repostType":4,"repost":{"id":"1120069636","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625229204,"share":"https://www.laohu8.com/m/news/1120069636?lang=&edition=full","pubTime":"2021-07-02 20:33","market":"us","language":"en","title":"Tesla Q2 2021 produced and delivered over 200,000 vehicles","url":"https://stock-news.laohu8.com/highlight/detail?id=1120069636","media":"Tiger Newspress","summary":"Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall ","content":"<p>Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall Street estimates, despite Chief Executive Officer Elon Musk's earlier warnings about a shortage of chips and raw materials.</p>\n<p>Analysts had expected the electric-car maker to deliver 200,258 vehicles, according to Refinitiv data.</p>\n<p><img src=\"https://static.tigerbbs.com/9611b4752891866d4583a65f27b75163\" tg-width=\"1030\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;0.64%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/737a9e557f3d740246a28b0faa8fcc42\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q2 2021 produced and delivered over 200,000 vehicles</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 Q2 2021 produced and delivered over 200,000 vehicles\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\">2021-07-02 20:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall Street estimates, despite Chief Executive Officer Elon Musk's earlier warnings about a shortage of chips and raw materials.</p>\n<p>Analysts had expected the electric-car maker to deliver 200,258 vehicles, according to Refinitiv data.</p>\n<p><img src=\"https://static.tigerbbs.com/9611b4752891866d4583a65f27b75163\" tg-width=\"1030\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;0.64%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/737a9e557f3d740246a28b0faa8fcc42\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></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":"1120069636","content_text":"Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall Street estimates, despite Chief Executive Officer Elon Musk's earlier warnings about a shortage of chips and raw materials.\nAnalysts had expected the electric-car maker to deliver 200,258 vehicles, according to Refinitiv data.\n\nTesla shares fell 0.64% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158845149,"gmtCreate":1625146361381,"gmtModify":1633944303278,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Thanks","listText":"Thanks","text":"Thanks","images":[{"img":"https://static.tigerbbs.com/7fde4cc42da670abb0864b107dfc9f11","width":"750","height":"1238"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158845149","isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150281529,"gmtCreate":1624907404761,"gmtModify":1633947207394,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Please like n comment","listText":"Please like n comment","text":"Please like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150281529","repostId":"1182036516","repostType":2,"repost":{"id":"1182036516","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624892087,"share":"https://www.laohu8.com/m/news/1182036516?lang=&edition=full","pubTime":"2021-06-28 22:54","market":"us","language":"en","title":"Nvidia shares rose more than 5% to a new high","url":"https://stock-news.laohu8.com/highlight/detail?id=1182036516","media":"Tiger Newspress","summary":"Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.\n\n","content":"<p>Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.</p>\n<p><img src=\"https://static.tigerbbs.com/05201fd147f1f824ea42bb1d0bcac789\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Three major chip makers have reportedly stepped up to say they support&nbsp;Nvidia‘s&nbsp;proposed acquisition of the U.K.-based chip-design house Arm.</p>\n<p>Last September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from&nbsp;SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.</p>\n<p>But the U.K.’s&nbsp;<i>Sunday Times</i>&nbsp;over the weekend&nbsp;reported&nbsp;that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based&nbsp;MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.</p>\n<p>Citi analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.</p>\n<p>“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”</p>\n<p>Malik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.</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>Nvidia shares rose more than 5% to a new high</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\">\nNvidia shares rose more than 5% to a new high\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-28 22:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.</p>\n<p><img src=\"https://static.tigerbbs.com/05201fd147f1f824ea42bb1d0bcac789\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Three major chip makers have reportedly stepped up to say they support&nbsp;Nvidia‘s&nbsp;proposed acquisition of the U.K.-based chip-design house Arm.</p>\n<p>Last September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from&nbsp;SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.</p>\n<p>But the U.K.’s&nbsp;<i>Sunday Times</i>&nbsp;over the weekend&nbsp;reported&nbsp;that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based&nbsp;MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.</p>\n<p>Citi analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.</p>\n<p>“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”</p>\n<p>Malik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182036516","content_text":"Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.\n\nThree major chip makers have reportedly stepped up to say they support Nvidia‘s proposed acquisition of the U.K.-based chip-design house Arm.\nLast September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.\nBut the U.K.’s Sunday Times over the weekend reported that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.\nCiti analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.\n“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”\nMalik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150281660,"gmtCreate":1624907383950,"gmtModify":1633947207516,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150281660","repostId":"1182036516","repostType":2,"repost":{"id":"1182036516","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624892087,"share":"https://www.laohu8.com/m/news/1182036516?lang=&edition=full","pubTime":"2021-06-28 22:54","market":"us","language":"en","title":"Nvidia shares rose more than 5% to a new high","url":"https://stock-news.laohu8.com/highlight/detail?id=1182036516","media":"Tiger Newspress","summary":"Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.\n\n","content":"<p>Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.</p>\n<p><img src=\"https://static.tigerbbs.com/05201fd147f1f824ea42bb1d0bcac789\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Three major chip makers have reportedly stepped up to say they support&nbsp;Nvidia‘s&nbsp;proposed acquisition of the U.K.-based chip-design house Arm.</p>\n<p>Last September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from&nbsp;SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.</p>\n<p>But the U.K.’s&nbsp;<i>Sunday Times</i>&nbsp;over the weekend&nbsp;reported&nbsp;that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based&nbsp;MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.</p>\n<p>Citi analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.</p>\n<p>“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”</p>\n<p>Malik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.</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>Nvidia shares rose more than 5% to a new high</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\">\nNvidia shares rose more than 5% to a new high\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-28 22:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.</p>\n<p><img src=\"https://static.tigerbbs.com/05201fd147f1f824ea42bb1d0bcac789\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Three major chip makers have reportedly stepped up to say they support&nbsp;Nvidia‘s&nbsp;proposed acquisition of the U.K.-based chip-design house Arm.</p>\n<p>Last September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from&nbsp;SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.</p>\n<p>But the U.K.’s&nbsp;<i>Sunday Times</i>&nbsp;over the weekend&nbsp;reported&nbsp;that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based&nbsp;MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.</p>\n<p>Citi analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.</p>\n<p>“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”</p>\n<p>Malik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182036516","content_text":"Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.\n\nThree major chip makers have reportedly stepped up to say they support Nvidia‘s proposed acquisition of the U.K.-based chip-design house Arm.\nLast September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.\nBut the U.K.’s Sunday Times over the weekend reported that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.\nCiti analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.\n“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”\nMalik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122271683,"gmtCreate":1624625617442,"gmtModify":1633950391725,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Nice please like and comment","listText":"Nice please like and comment","text":"Nice please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122271683","repostId":"1100486329","repostType":2,"repost":{"id":"1100486329","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620952330,"share":"https://www.laohu8.com/m/news/1100486329?lang=&edition=full","pubTime":"2021-05-14 08:32","market":"us","language":"en","title":"Luminar stock dips after mixed Q1 report with wider than exp","url":"https://stock-news.laohu8.com/highlight/detail?id=1100486329","media":"Tiger Newspress","summary":"Luminar Technologies, Inc. (\"Luminar\" or the \"Company\") (NASDAQ: LAZR), the global leader in automot","content":"<p><a href=\"https://laohu8.com/S/LAZR\">Luminar Technologies, Inc.</a> (\"Luminar\" or the \"Company\") (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, today announced a quarterly business update and financials for the first quarter ended March 31, 2021.</p><p>\"We’ve remained relentlessly focused on execution, hitting our key product, commercial, production and financial targets so far. This puts Luminar on track to meet or beat our 2021 company-level milestones from the beginning of the year, as we continue to extend our technology, product, and market leadership positions.\"</p><p>— Austin Russell, Founder &amp; CEO</p><p><b>Execution: Product, Industrialization, and Series Production</b></p><p>Luminar continues to scale its series production capabilities. Today, Luminar officially announced its manufacturing partners Celestica and <a href=\"https://laohu8.com/S/FN\">Fabrinet</a>, while the first Iris units were produced on Luminar’s automated line in Celestica’s automotive-certified facility in Monterrey, Mexico.</p><p>Luminar also continues to advance validation of Iris and development of its Sentinel software as it moves up and beyond the foundation of lidar, reinforcing the Company’s transition to a system-level autonomous vehicle company. Following the introduction of Sentinel last quarter, Luminar kicked off the next phase of its software development through its partnership with Zenseact. Iris lidar data has been collected to train and optimize the performance of Luminar’s perception software, and Luminar received the green light from German authorities to proceed with Sentinel full-stack solution development and testing on public German roads.</p><p><b>Customer Adoption: Commercial Wins from the Ground to the Sky</b></p><p>Since the 2020 year-end business update less than two months ago in March, where Luminar announced SAIC and detailed its new partnership with Zensact, Luminar achieved commercial wins with two new customers:</p><ul><li><b>Airbus UpNext:</b> Airbus SE’s subsidiary UpNext – which was created to give future flight technologies a development fast-track by building, evaluating, maturing and validating new products and services that encompass radical technological breakthroughs – is integrating Luminar’s lidar technology into its Vertex platform to enable safe, autonomous flight. This partnership marks Luminar’s first foray into the nearly $1 trillion aviation industry and is aimed at increasing air safety and enabling autonomous operation with automatic obstacle detection.</li><li><b>Pony.ai:</b> Luminar’s Iris will be seamlessly integrated into Pony.ai’s next-generation autonomous driving platform, featuring a multi-sensor 360-degree configuration and enabling the vehicles to operate safely and reliably in complex urban environments. Pony.ai is set to start deployment of a 200-vehicle robo-taxi fleet in urban settings across five cities in China and the U.S. The partnership is developing a new integrated sensor design that signals a shift from vehicle testing to advanced development and production scale.</li></ul><p><b>Major 2021 Milestones: On Track of Ahead of Schedule for Each High-Level Milestone</b></p><p>Luminar is on-track to meet or exceed each of its key 2021 milestones set forth at the beginning of the year and shared in its fourth quarter 2020 business update:</p><ol><li><b>Iris Industrialization for Series Production:</b>Luminar successfully hit its major industrialization milestone with manufacturing partners and producing the first Iris lidars off the line, and remains on track to hit the C-sample phase before year end.</li><li><b>Software Development</b>: Luminar collected Iris data and trained its perception software, enabling perception with Iris. Luminar also received approval from Germany for Sentinel development and testing on public German roads, and remains on track for its Sentinel alpha release at year-end.</li><li><b>Commercial Programs:</b>So far this year, Luminar has won more commercial programs than expected, with the recent Airbus UpNext, Pony.ai, Zensact, and SAIC wins in the past few months. Luminar expects to increase its \"major commercial win\" guidance at its next quarterly business update call.</li><li><b>Forward-Looking Order Book</b>: Luminar has been targeting growth of 40% from its year-end 2020 forward-looking order book of $1.3 billion, driven by major commercial wins. Luminar expects to increase this growth guidance at its next quarterly business update call.</li><li><b>Maintain Strong Liquidity and Cash Position:</b>Luminar remains on track for its target of achieving a cash position at year end 2021 equal to or higher than its position at year end 2020. This is enabled in part by Luminar successfully raising $154 million from warrants in the first quarter. Luminar’s cash position currently stands at $610 million.</li></ol><p><b>First Quarter 2021 Financials: Strong Revenue Growth and Efficient Cash Management</b></p><p><b>Revenue</b> for the first quarter was $5.3 million, a year-over-year increase of 37% compared to the first quarter of 2020 and a sequential 118% increase compared to the fourth quarter of 2020.</p><p><b>GAAP net loss</b> for the first quarter of 2021 was $(75.9) million, or $(0.23) per share, basic and diluted, compared to GAAP net loss of $(15.6) million, or $(0.12) per share, basic and diluted, for the first quarter of 2020.</p><p><b>Non-GAAP net loss</b> for the first quarter of 2021 was $(27.0) million, or $(0.08) per share, basic and diluted, compared to non-GAAP net loss of $(14.1) million, or $(0.11) per share, basic and diluted, for the first quarter of 2020.</p><p><b>Cash and investments</b> were $610.3 million as of March 31, 2021, compared to $485.7 million as of December 31, 2020, and included $154 million raised from exercises of warrants and a cash spend (operating cash flow less capital expenditures) of $28.9 million during the quarter.</p><p><b>Financial Guidance:</b> Luminar remains on track to achieve its full-year 2021 guidance for revenue of $25 to $30 million and net cash spend of approximately $140 million.</p><p>Luminar stock dips after mixed Q1 report.</p><p><img src=\"https://static.tigerbbs.com/07e23634512ae92b7efff381e828ff18\" tg-width=\"1268\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Luminar stock dips after mixed Q1 report with wider than exp</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLuminar stock dips after mixed Q1 report with wider than exp\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\">2021-05-14 08:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><a href=\"https://laohu8.com/S/LAZR\">Luminar Technologies, Inc.</a> (\"Luminar\" or the \"Company\") (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, today announced a quarterly business update and financials for the first quarter ended March 31, 2021.</p><p>\"We’ve remained relentlessly focused on execution, hitting our key product, commercial, production and financial targets so far. This puts Luminar on track to meet or beat our 2021 company-level milestones from the beginning of the year, as we continue to extend our technology, product, and market leadership positions.\"</p><p>— Austin Russell, Founder &amp; CEO</p><p><b>Execution: Product, Industrialization, and Series Production</b></p><p>Luminar continues to scale its series production capabilities. Today, Luminar officially announced its manufacturing partners Celestica and <a href=\"https://laohu8.com/S/FN\">Fabrinet</a>, while the first Iris units were produced on Luminar’s automated line in Celestica’s automotive-certified facility in Monterrey, Mexico.</p><p>Luminar also continues to advance validation of Iris and development of its Sentinel software as it moves up and beyond the foundation of lidar, reinforcing the Company’s transition to a system-level autonomous vehicle company. Following the introduction of Sentinel last quarter, Luminar kicked off the next phase of its software development through its partnership with Zenseact. Iris lidar data has been collected to train and optimize the performance of Luminar’s perception software, and Luminar received the green light from German authorities to proceed with Sentinel full-stack solution development and testing on public German roads.</p><p><b>Customer Adoption: Commercial Wins from the Ground to the Sky</b></p><p>Since the 2020 year-end business update less than two months ago in March, where Luminar announced SAIC and detailed its new partnership with Zensact, Luminar achieved commercial wins with two new customers:</p><ul><li><b>Airbus UpNext:</b> Airbus SE’s subsidiary UpNext – which was created to give future flight technologies a development fast-track by building, evaluating, maturing and validating new products and services that encompass radical technological breakthroughs – is integrating Luminar’s lidar technology into its Vertex platform to enable safe, autonomous flight. This partnership marks Luminar’s first foray into the nearly $1 trillion aviation industry and is aimed at increasing air safety and enabling autonomous operation with automatic obstacle detection.</li><li><b>Pony.ai:</b> Luminar’s Iris will be seamlessly integrated into Pony.ai’s next-generation autonomous driving platform, featuring a multi-sensor 360-degree configuration and enabling the vehicles to operate safely and reliably in complex urban environments. Pony.ai is set to start deployment of a 200-vehicle robo-taxi fleet in urban settings across five cities in China and the U.S. The partnership is developing a new integrated sensor design that signals a shift from vehicle testing to advanced development and production scale.</li></ul><p><b>Major 2021 Milestones: On Track of Ahead of Schedule for Each High-Level Milestone</b></p><p>Luminar is on-track to meet or exceed each of its key 2021 milestones set forth at the beginning of the year and shared in its fourth quarter 2020 business update:</p><ol><li><b>Iris Industrialization for Series Production:</b>Luminar successfully hit its major industrialization milestone with manufacturing partners and producing the first Iris lidars off the line, and remains on track to hit the C-sample phase before year end.</li><li><b>Software Development</b>: Luminar collected Iris data and trained its perception software, enabling perception with Iris. Luminar also received approval from Germany for Sentinel development and testing on public German roads, and remains on track for its Sentinel alpha release at year-end.</li><li><b>Commercial Programs:</b>So far this year, Luminar has won more commercial programs than expected, with the recent Airbus UpNext, Pony.ai, Zensact, and SAIC wins in the past few months. Luminar expects to increase its \"major commercial win\" guidance at its next quarterly business update call.</li><li><b>Forward-Looking Order Book</b>: Luminar has been targeting growth of 40% from its year-end 2020 forward-looking order book of $1.3 billion, driven by major commercial wins. Luminar expects to increase this growth guidance at its next quarterly business update call.</li><li><b>Maintain Strong Liquidity and Cash Position:</b>Luminar remains on track for its target of achieving a cash position at year end 2021 equal to or higher than its position at year end 2020. This is enabled in part by Luminar successfully raising $154 million from warrants in the first quarter. Luminar’s cash position currently stands at $610 million.</li></ol><p><b>First Quarter 2021 Financials: Strong Revenue Growth and Efficient Cash Management</b></p><p><b>Revenue</b> for the first quarter was $5.3 million, a year-over-year increase of 37% compared to the first quarter of 2020 and a sequential 118% increase compared to the fourth quarter of 2020.</p><p><b>GAAP net loss</b> for the first quarter of 2021 was $(75.9) million, or $(0.23) per share, basic and diluted, compared to GAAP net loss of $(15.6) million, or $(0.12) per share, basic and diluted, for the first quarter of 2020.</p><p><b>Non-GAAP net loss</b> for the first quarter of 2021 was $(27.0) million, or $(0.08) per share, basic and diluted, compared to non-GAAP net loss of $(14.1) million, or $(0.11) per share, basic and diluted, for the first quarter of 2020.</p><p><b>Cash and investments</b> were $610.3 million as of March 31, 2021, compared to $485.7 million as of December 31, 2020, and included $154 million raised from exercises of warrants and a cash spend (operating cash flow less capital expenditures) of $28.9 million during the quarter.</p><p><b>Financial Guidance:</b> Luminar remains on track to achieve its full-year 2021 guidance for revenue of $25 to $30 million and net cash spend of approximately $140 million.</p><p>Luminar stock dips after mixed Q1 report.</p><p><img src=\"https://static.tigerbbs.com/07e23634512ae92b7efff381e828ff18\" tg-width=\"1268\" tg-height=\"621\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LAZR":"Luminar Technologies, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100486329","content_text":"Luminar Technologies, Inc. (\"Luminar\" or the \"Company\") (NASDAQ: LAZR), the global leader in automotive lidar hardware and software technology, today announced a quarterly business update and financials for the first quarter ended March 31, 2021.\"We’ve remained relentlessly focused on execution, hitting our key product, commercial, production and financial targets so far. This puts Luminar on track to meet or beat our 2021 company-level milestones from the beginning of the year, as we continue to extend our technology, product, and market leadership positions.\"— Austin Russell, Founder & CEOExecution: Product, Industrialization, and Series ProductionLuminar continues to scale its series production capabilities. Today, Luminar officially announced its manufacturing partners Celestica and Fabrinet, while the first Iris units were produced on Luminar’s automated line in Celestica’s automotive-certified facility in Monterrey, Mexico.Luminar also continues to advance validation of Iris and development of its Sentinel software as it moves up and beyond the foundation of lidar, reinforcing the Company’s transition to a system-level autonomous vehicle company. Following the introduction of Sentinel last quarter, Luminar kicked off the next phase of its software development through its partnership with Zenseact. Iris lidar data has been collected to train and optimize the performance of Luminar’s perception software, and Luminar received the green light from German authorities to proceed with Sentinel full-stack solution development and testing on public German roads.Customer Adoption: Commercial Wins from the Ground to the SkySince the 2020 year-end business update less than two months ago in March, where Luminar announced SAIC and detailed its new partnership with Zensact, Luminar achieved commercial wins with two new customers:Airbus UpNext: Airbus SE’s subsidiary UpNext – which was created to give future flight technologies a development fast-track by building, evaluating, maturing and validating new products and services that encompass radical technological breakthroughs – is integrating Luminar’s lidar technology into its Vertex platform to enable safe, autonomous flight. This partnership marks Luminar’s first foray into the nearly $1 trillion aviation industry and is aimed at increasing air safety and enabling autonomous operation with automatic obstacle detection.Pony.ai: Luminar’s Iris will be seamlessly integrated into Pony.ai’s next-generation autonomous driving platform, featuring a multi-sensor 360-degree configuration and enabling the vehicles to operate safely and reliably in complex urban environments. Pony.ai is set to start deployment of a 200-vehicle robo-taxi fleet in urban settings across five cities in China and the U.S. The partnership is developing a new integrated sensor design that signals a shift from vehicle testing to advanced development and production scale.Major 2021 Milestones: On Track of Ahead of Schedule for Each High-Level MilestoneLuminar is on-track to meet or exceed each of its key 2021 milestones set forth at the beginning of the year and shared in its fourth quarter 2020 business update:Iris Industrialization for Series Production:Luminar successfully hit its major industrialization milestone with manufacturing partners and producing the first Iris lidars off the line, and remains on track to hit the C-sample phase before year end.Software Development: Luminar collected Iris data and trained its perception software, enabling perception with Iris. Luminar also received approval from Germany for Sentinel development and testing on public German roads, and remains on track for its Sentinel alpha release at year-end.Commercial Programs:So far this year, Luminar has won more commercial programs than expected, with the recent Airbus UpNext, Pony.ai, Zensact, and SAIC wins in the past few months. Luminar expects to increase its \"major commercial win\" guidance at its next quarterly business update call.Forward-Looking Order Book: Luminar has been targeting growth of 40% from its year-end 2020 forward-looking order book of $1.3 billion, driven by major commercial wins. Luminar expects to increase this growth guidance at its next quarterly business update call.Maintain Strong Liquidity and Cash Position:Luminar remains on track for its target of achieving a cash position at year end 2021 equal to or higher than its position at year end 2020. This is enabled in part by Luminar successfully raising $154 million from warrants in the first quarter. Luminar’s cash position currently stands at $610 million.First Quarter 2021 Financials: Strong Revenue Growth and Efficient Cash ManagementRevenue for the first quarter was $5.3 million, a year-over-year increase of 37% compared to the first quarter of 2020 and a sequential 118% increase compared to the fourth quarter of 2020.GAAP net loss for the first quarter of 2021 was $(75.9) million, or $(0.23) per share, basic and diluted, compared to GAAP net loss of $(15.6) million, or $(0.12) per share, basic and diluted, for the first quarter of 2020.Non-GAAP net loss for the first quarter of 2021 was $(27.0) million, or $(0.08) per share, basic and diluted, compared to non-GAAP net loss of $(14.1) million, or $(0.11) per share, basic and diluted, for the first quarter of 2020.Cash and investments were $610.3 million as of March 31, 2021, compared to $485.7 million as of December 31, 2020, and included $154 million raised from exercises of warrants and a cash spend (operating cash flow less capital expenditures) of $28.9 million during the quarter.Financial Guidance: Luminar remains on track to achieve its full-year 2021 guidance for revenue of $25 to $30 million and net cash spend of approximately $140 million.Luminar stock dips after mixed Q1 report.","news_type":1},"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167221096,"gmtCreate":1624272161915,"gmtModify":1634008615385,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"//<a href=\"https://laohu8.com/U/3576232257279797\">@dandan_4896</a>: Omg bb !!! I won the giveaway voucher again👍 nice","listText":"//<a href=\"https://laohu8.com/U/3576232257279797\">@dandan_4896</a>: Omg bb !!! I won the giveaway voucher again👍 nice","text":"//@dandan_4896: Omg bb !!! I won the giveaway voucher again👍 nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167221096","repostId":"1196746626","repostType":4,"repost":{"id":"1196746626","kind":"news","pubTimestamp":1624268221,"share":"https://www.laohu8.com/m/news/1196746626?lang=&edition=full","pubTime":"2021-06-21 17:37","market":"us","language":"en","title":"Plug Power: This Stock Fails To Get Us Charged Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1196746626","media":"seekingalpha","summary":"Summary\n\nPlug Power, the producer of hydrogen fuel cell solutions, has had a turbulent history, with","content":"<p><b>Summary</b></p>\n<ul>\n <li>Plug Power, the producer of hydrogen fuel cell solutions, has had a turbulent history, with the stock trading at just a fraction of its 1999 tech boom price.</li>\n <li>Despite experiencing a renaissance in the 2020 tech and growth surge, the stock appears to be re-rating back to its earlier valuation multiple as investor optimism falters.</li>\n <li>Management has high hopes for the future, with an impressive slide-deck published in the fall of 2020 laying out how they see the company developing in the near future.</li>\n <li>While forecasts are impressive to read, investors should consider whether there is enough substance in the numbers to back them up.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cd52b10176701b73dd7d557921bfd29e\" tg-width=\"768\" tg-height=\"480\"><span>3alexd/E+ via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Despite a strong end to 2020, fuelled by investor optimism for all things linked to our clean and green future, this stock appears to be re-rating back to its former valuation multiple.While there are many factors investors will point towards to support a bull thesis, in our opinion many forward-looking projections are overly ambitious and may ultimately be out of reach. We question whether the total addressable market is significant enough for Plug to prosper, particularly in the light of strong competition.</p>\n<p><b>The Background to our thesis</b></p>\n<p>Plug Power (PLUG) was a roaring success in the latter part of 2020, increasing by over 400% to its January 2021 peak, before crashing back down to earth as the stock was hit by an&nbsp;accounting scandal.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7c03000d0db7000dd850fad52fdd9068\" tg-width=\"635\" tg-height=\"403\"><span>Data by YCharts</span></p>\n<p>The accounting issues have been covered in detail in the article linked above, so we won’t pore over them in too much detail here, except to say we are big believers in the old adage - “if in doubt, get out.\" An accounting scandal and a restatement of prior year figures is perhaps not the wisest foundations with which to build an investment decision in our opinion.</p>\n<p>Whether an accounting scandal is considered a red flag from an investment thesis or not, most investors would baulk at the thought of investing in a firm with legal concerns and unknown liabilities. Unfortunately, for PLUG stockholders, that is exactly what is laid out in the company’s most recent&nbsp;annual report, with a flurry of legal proceedings being filed in early 2021 off the back of the accounting scandal, adding to earlier proceedings from staff involved in an accident which is yet to be resolved. For many investors, these flags would be enough to deter them from an investment. However, a contrary argument may be that these factors are already priced in and the company's future may be rosier. Let's consider what the future holds for Plug Power.</p>\n<p><b>Considering Plug Power's Valuation</b></p>\n<p>As long-term growth investors, the consideration of valuation is not normally the first port of call when considering an investment decision. We’ve previously laid out our belief that what seems expensive, often is so for good reason, when laying out a bull thesis for other stocks. However, in this case we think it paints a very different story. When considering the valuation of Plug Power, we note a current enterprise value of $16.1 billion, being a $16.8 billion market cap, deducting $1.3 billion cash and adding $0.6 billion in debt. This gives us a forward looking EV/Sales figure for the next twelve months of 36.</p>\n<p>While the multiple itself is high by most gauges, as we’ve outlined, the number itself is not really our primary concern. If we delve a little deeper into the valuation story, what we can see is a company that traded at 3.8 times its next twelve-month revenues in September 2019 (using the same metrics outlined above). This multiple increased gradually to 12.3 by June 2020, before exploding as high as 56 times next twelve-month sales in December 2020.</p>\n<p>This incredible volatility in valuation multiple does not appear to have been triggered by developing sales or profitability. PLUG's quarter-on-quarter last twelve-month sales increased a modest 50% between September 2019 and September 2020 ($198 million September 2019 and $308 million September 2020). Thereafter a large decline, caused by their accounting irregularities, led to a December 2020 loss of $94 million.</p>\n<p>It's our thesis that the stock price surge was not built on any solid financial foundation, more likely linked to investor appetite for exposure to companies that may benefit from future environmental trends, and potentially the strong forecasts from management. As the projections have not yet played out in the numbers, the share price has suffered and this is a trend we expect to continue to see.</p>\n<p>One positive case that can be made for PLUG's future from a valuation perspective is that despite negatively trending income statement features, the company appears to have a strong balance sheet. The considerable cash and cash equivalent balance ($1.3 billion) by far surpasses their current and long-term liabilities ($784 million), meaning PLUG should have no issues in withstanding short-term poor performance.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a02d2db1e6065bc1e3501e02da38a16a\" tg-width=\"624\" tg-height=\"229\"><span>(Source: PLUG's 2020 Annual report)</span></p>\n<p>The company's current ratio of 7.21, being current assets divided by current liabilities, suggests a company more than able to continue operations despite being in a loss-making position.While this is encouraging from a bull thesis perspective, our core investment strategy is more revenue and growth orientated. PLUG certainly appears to be well capitalized, yet that alone will not enable the company to drive returns for investors. One obvious option for PLUG would be to deploy their cash into projects that would develop new revenue streams and enhance their earnings position.</p>\n<p><b>Consideration of growth opportunities</b></p>\n<p>Since we deviated from our normal order of assessment, let’s now return to where the thesis normally begins, that is the story of the company itself. Do we consider this investment story to paint a positive picture of future growth, with products that will change the company fortunes and lead to a prosperous future? If we’re honest, right now, no. Let’s assess why that is the case.</p>\n<p>Firstly, PLUG is a producer of hydrogen powered fuel cell solutions, outlining in their recent&nbsp;annual report&nbsp;that they see their products in “material handling vehicles and industrial trucks.\" This is the first factor that investors should be acutely aware of. The hype of 2020 may have gotten some investors carried away with this “battery producer” for electric vehicles, without understanding its position in the market.</p>\n<p>The vehicle battery market is well laid out by this&nbsp;IHS Markit report, which considers the future prospects for hydrogen fuel cells. If you’re bullish on PLUG, this report will give some encouragement, showing that there is a strong increase expected in both vehicles and charging stations in the coming years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c627200e94e6301508a5f09d5381a43b\" tg-width=\"640\" tg-height=\"251\"><span>(Source:IHS Markit)</span></p>\n<p>However, it’s not the headline numbers that caught our eye in this report, but the description of where exactly hydrogen-powered batteries sit within the marketplace. According to the report, while there are clear benefits of hydrogen over the lithium batteries used by Tesla and others, the downside is that they use “more complex processes” and have “about half the wheel to wheel efficiency of battery electric,” concluding that they are more suitable for vehicles with heavier weights and longer trip times – think industrial vehicles and buses.</p>\n<p>In our consideration of the story, this dramatically reduces the total addressable market (\"TAM\"). Yes, there are a lot of industrial vehicles in the world, but there is a significantly larger market for standard lighter automobiles, boats, light-aircraft and drones.</p>\n<p>Our assessment of the story is enhanced further by reporting from the International Energy Agency, who lay out their future projections for electric light duty vehicles (“LDV”) in the graph below – electric cars essentially. With projections for up to 200 million units expected to be on the road in 2030, up from 22 million today. In our opinion, if investing in the clean and green future of electric vehicles, the LDV space is far more appealing, and the smaller TAM in the hydrogen fuel cell space is a concern to the company's long-term prospects.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59bfbab3f6732c318b381f6832adfd3d\" tg-width=\"640\" tg-height=\"342\"><span>(Source :IEA 2021 Report)</span></p>\n<p><b>The contrary thesis for PLUG</b></p>\n<p>We should also consider the counter argument to our thesis on the PLUG story. The bulls will be screaming that despite the smaller market, many companies have been highly profitable while cornering a certain segment of a larger market. That would undoubtedly be a fair assessment to make overall; however, do we consider that PLUG is best placed to do so?</p>\n<p>In the heavy duty vehicle and hydrogen power market, there are already firms such as Proterra (PTRA), who have proof of concept and regular sales in electric buses. Plus it has become apparent that heavyweight competitors are entering the space, with General Motors' (GM&nbsp;)plans to supply&nbsp;fuel cells for locomotive trains. With this in mind, it is difficult to see PLUG capturing a significant portion of the smaller TAM that we defined earlier. Our thesis is that they may get squeezed out by this competition in the longer term.</p>\n<p>That being said, the company management clearly forecasts a bright future. Their impressive September 2020&nbsp;slide deck&nbsp;highlights their forecasts of an incredible surge in revenue growth to $1.2 billion in annual sales and $250 billion in operating EBITDA. This impressive growth will be fuelled by expansion of their existing operations and development of new market segments, such as hydrogen power plants, refueling stations, heavy duty electric vehicles, airplanes and even a \"gigafactory.\"</p>\n<p>The coining of a phrase synonymous with Tesla, via their gigafactory plans, may have whet the appetite of some investors. However, we are firmly in the let’s wait and see camp here. Firstly, on the revenue side, even excluding the 2020 annual loss and writing off to the restatement issues mentioned earlier, it’s hard to gather where the $1 billion figure comes from. That would be an approximate 6.5-fold increase on the 2019 annual revenues ($150 million) in a two and a half year period; pretty ambitious? Not quite as ambitious as doing so while increasing EBITDA to $250 million from a historic loss-making position, while presumably also increasing capital expenditure to fund their gigafactory, hydrogen plant, plane and truck expansions? Unfortunately, we are struggling to see the math.</p>\n<p><b>Our conclusions on Plug Power</b></p>\n<p>In a global environment currently shifting toward a greener and cleaner world, fuelled by more carbon efficient vehicles, it is no surprise that investors have high hopes for a stock such as PLUG. It is easy to read their marketing material and fall in love with the story and the projections. It's encouraging to see the bold plans that management have for the company; however, we would like to see more results before assuming that these can be executed.</p>\n<p>From the research we have undertaken, we believe that the total addressable market for PLUG is smaller than currently perceived by the bulls. Long-term trends suggest that lithium batteries will be the clear leader in fuelling our greener future and we believe the hydrogen market will be considerably smaller, impacting PLUG's ability to grow. When considering this, alongside the strong competition within their subsector, the accounting and litigation red flags we noted earlier, we believe that PLUG may continue to see multiple contraction and a reduction in market cap - hence our bearish outlook at this point in time.</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>Plug Power: This Stock Fails To Get Us Charged Up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nPlug Power: This Stock Fails To Get Us Charged Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-21 17:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435786-plug-power-this-stock-fails-to-get-us-charged-up><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPlug Power, the producer of hydrogen fuel cell solutions, has had a turbulent history, with the stock trading at just a fraction of its 1999 tech boom price.\nDespite experiencing a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4435786-plug-power-this-stock-fails-to-get-us-charged-up\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLUG":"普拉格能源"},"source_url":"https://seekingalpha.com/article/4435786-plug-power-this-stock-fails-to-get-us-charged-up","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196746626","content_text":"Summary\n\nPlug Power, the producer of hydrogen fuel cell solutions, has had a turbulent history, with the stock trading at just a fraction of its 1999 tech boom price.\nDespite experiencing a renaissance in the 2020 tech and growth surge, the stock appears to be re-rating back to its earlier valuation multiple as investor optimism falters.\nManagement has high hopes for the future, with an impressive slide-deck published in the fall of 2020 laying out how they see the company developing in the near future.\nWhile forecasts are impressive to read, investors should consider whether there is enough substance in the numbers to back them up.\n\n3alexd/E+ via Getty Images\nInvestment Thesis\nDespite a strong end to 2020, fuelled by investor optimism for all things linked to our clean and green future, this stock appears to be re-rating back to its former valuation multiple.While there are many factors investors will point towards to support a bull thesis, in our opinion many forward-looking projections are overly ambitious and may ultimately be out of reach. We question whether the total addressable market is significant enough for Plug to prosper, particularly in the light of strong competition.\nThe Background to our thesis\nPlug Power (PLUG) was a roaring success in the latter part of 2020, increasing by over 400% to its January 2021 peak, before crashing back down to earth as the stock was hit by an accounting scandal.\nData by YCharts\nThe accounting issues have been covered in detail in the article linked above, so we won’t pore over them in too much detail here, except to say we are big believers in the old adage - “if in doubt, get out.\" An accounting scandal and a restatement of prior year figures is perhaps not the wisest foundations with which to build an investment decision in our opinion.\nWhether an accounting scandal is considered a red flag from an investment thesis or not, most investors would baulk at the thought of investing in a firm with legal concerns and unknown liabilities. Unfortunately, for PLUG stockholders, that is exactly what is laid out in the company’s most recent annual report, with a flurry of legal proceedings being filed in early 2021 off the back of the accounting scandal, adding to earlier proceedings from staff involved in an accident which is yet to be resolved. For many investors, these flags would be enough to deter them from an investment. However, a contrary argument may be that these factors are already priced in and the company's future may be rosier. Let's consider what the future holds for Plug Power.\nConsidering Plug Power's Valuation\nAs long-term growth investors, the consideration of valuation is not normally the first port of call when considering an investment decision. We’ve previously laid out our belief that what seems expensive, often is so for good reason, when laying out a bull thesis for other stocks. However, in this case we think it paints a very different story. When considering the valuation of Plug Power, we note a current enterprise value of $16.1 billion, being a $16.8 billion market cap, deducting $1.3 billion cash and adding $0.6 billion in debt. This gives us a forward looking EV/Sales figure for the next twelve months of 36.\nWhile the multiple itself is high by most gauges, as we’ve outlined, the number itself is not really our primary concern. If we delve a little deeper into the valuation story, what we can see is a company that traded at 3.8 times its next twelve-month revenues in September 2019 (using the same metrics outlined above). This multiple increased gradually to 12.3 by June 2020, before exploding as high as 56 times next twelve-month sales in December 2020.\nThis incredible volatility in valuation multiple does not appear to have been triggered by developing sales or profitability. PLUG's quarter-on-quarter last twelve-month sales increased a modest 50% between September 2019 and September 2020 ($198 million September 2019 and $308 million September 2020). Thereafter a large decline, caused by their accounting irregularities, led to a December 2020 loss of $94 million.\nIt's our thesis that the stock price surge was not built on any solid financial foundation, more likely linked to investor appetite for exposure to companies that may benefit from future environmental trends, and potentially the strong forecasts from management. As the projections have not yet played out in the numbers, the share price has suffered and this is a trend we expect to continue to see.\nOne positive case that can be made for PLUG's future from a valuation perspective is that despite negatively trending income statement features, the company appears to have a strong balance sheet. The considerable cash and cash equivalent balance ($1.3 billion) by far surpasses their current and long-term liabilities ($784 million), meaning PLUG should have no issues in withstanding short-term poor performance.\n(Source: PLUG's 2020 Annual report)\nThe company's current ratio of 7.21, being current assets divided by current liabilities, suggests a company more than able to continue operations despite being in a loss-making position.While this is encouraging from a bull thesis perspective, our core investment strategy is more revenue and growth orientated. PLUG certainly appears to be well capitalized, yet that alone will not enable the company to drive returns for investors. One obvious option for PLUG would be to deploy their cash into projects that would develop new revenue streams and enhance their earnings position.\nConsideration of growth opportunities\nSince we deviated from our normal order of assessment, let’s now return to where the thesis normally begins, that is the story of the company itself. Do we consider this investment story to paint a positive picture of future growth, with products that will change the company fortunes and lead to a prosperous future? If we’re honest, right now, no. Let’s assess why that is the case.\nFirstly, PLUG is a producer of hydrogen powered fuel cell solutions, outlining in their recent annual report that they see their products in “material handling vehicles and industrial trucks.\" This is the first factor that investors should be acutely aware of. The hype of 2020 may have gotten some investors carried away with this “battery producer” for electric vehicles, without understanding its position in the market.\nThe vehicle battery market is well laid out by this IHS Markit report, which considers the future prospects for hydrogen fuel cells. If you’re bullish on PLUG, this report will give some encouragement, showing that there is a strong increase expected in both vehicles and charging stations in the coming years.\n(Source:IHS Markit)\nHowever, it’s not the headline numbers that caught our eye in this report, but the description of where exactly hydrogen-powered batteries sit within the marketplace. According to the report, while there are clear benefits of hydrogen over the lithium batteries used by Tesla and others, the downside is that they use “more complex processes” and have “about half the wheel to wheel efficiency of battery electric,” concluding that they are more suitable for vehicles with heavier weights and longer trip times – think industrial vehicles and buses.\nIn our consideration of the story, this dramatically reduces the total addressable market (\"TAM\"). Yes, there are a lot of industrial vehicles in the world, but there is a significantly larger market for standard lighter automobiles, boats, light-aircraft and drones.\nOur assessment of the story is enhanced further by reporting from the International Energy Agency, who lay out their future projections for electric light duty vehicles (“LDV”) in the graph below – electric cars essentially. With projections for up to 200 million units expected to be on the road in 2030, up from 22 million today. In our opinion, if investing in the clean and green future of electric vehicles, the LDV space is far more appealing, and the smaller TAM in the hydrogen fuel cell space is a concern to the company's long-term prospects.\n(Source :IEA 2021 Report)\nThe contrary thesis for PLUG\nWe should also consider the counter argument to our thesis on the PLUG story. The bulls will be screaming that despite the smaller market, many companies have been highly profitable while cornering a certain segment of a larger market. That would undoubtedly be a fair assessment to make overall; however, do we consider that PLUG is best placed to do so?\nIn the heavy duty vehicle and hydrogen power market, there are already firms such as Proterra (PTRA), who have proof of concept and regular sales in electric buses. Plus it has become apparent that heavyweight competitors are entering the space, with General Motors' (GM )plans to supply fuel cells for locomotive trains. With this in mind, it is difficult to see PLUG capturing a significant portion of the smaller TAM that we defined earlier. Our thesis is that they may get squeezed out by this competition in the longer term.\nThat being said, the company management clearly forecasts a bright future. Their impressive September 2020 slide deck highlights their forecasts of an incredible surge in revenue growth to $1.2 billion in annual sales and $250 billion in operating EBITDA. This impressive growth will be fuelled by expansion of their existing operations and development of new market segments, such as hydrogen power plants, refueling stations, heavy duty electric vehicles, airplanes and even a \"gigafactory.\"\nThe coining of a phrase synonymous with Tesla, via their gigafactory plans, may have whet the appetite of some investors. However, we are firmly in the let’s wait and see camp here. Firstly, on the revenue side, even excluding the 2020 annual loss and writing off to the restatement issues mentioned earlier, it’s hard to gather where the $1 billion figure comes from. That would be an approximate 6.5-fold increase on the 2019 annual revenues ($150 million) in a two and a half year period; pretty ambitious? Not quite as ambitious as doing so while increasing EBITDA to $250 million from a historic loss-making position, while presumably also increasing capital expenditure to fund their gigafactory, hydrogen plant, plane and truck expansions? Unfortunately, we are struggling to see the math.\nOur conclusions on Plug Power\nIn a global environment currently shifting toward a greener and cleaner world, fuelled by more carbon efficient vehicles, it is no surprise that investors have high hopes for a stock such as PLUG. It is easy to read their marketing material and fall in love with the story and the projections. It's encouraging to see the bold plans that management have for the company; however, we would like to see more results before assuming that these can be executed.\nFrom the research we have undertaken, we believe that the total addressable market for PLUG is smaller than currently perceived by the bulls. Long-term trends suggest that lithium batteries will be the clear leader in fuelling our greener future and we believe the hydrogen market will be considerably smaller, impacting PLUG's ability to grow. When considering this, alongside the strong competition within their subsector, the accounting and litigation red flags we noted earlier, we believe that PLUG may continue to see multiple contraction and a reduction in market cap - hence our bearish outlook at this point in time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164156609,"gmtCreate":1624183954801,"gmtModify":1634009697919,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/164156609","repostId":"1183124175","repostType":2,"repost":{"id":"1183124175","kind":"news","pubTimestamp":1624151620,"share":"https://www.laohu8.com/m/news/1183124175?lang=&edition=full","pubTime":"2021-06-20 09:13","market":"us","language":"en","title":"Beware these risky tech stocks in your portfolio, strategist Parker warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1183124175","media":"cnbc","summary":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.Growth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.Adam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a f","content":"<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beware these risky tech stocks in your portfolio, strategist Parker warns</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\">\nBeware these risky tech stocks in your portfolio, strategist Parker warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWLO":"Twilio Inc","MCHP":"微芯科技","SQ":"Block","NVDA":"英伟达","AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1183124175","content_text":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.\nAdam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a few.\n“We think that portfolio managers should be buying growth stocks again, focusing on positive free cash flow and margin expansion, not earnings-based valuation,” Parker said in a note released Wednesday.\nTrivariate Research used a number of criteria to identify risky stocks, including low or negative correlation to inflation, high correlation to the economic reopening and high levels of company insiders selling their shares. The research firm then identified the eight riskiest names based on those measures.\n“Our view is that these are among the riskiest stocks to own today, so investors who own these names should have disproportionate upside to their base cases to compensate them for these risks,” Parker said.\nTake a look at five of the riskiest technology stocks, according to Trivariate.\nRISKIEST TECH STOCKS, ACCORDING TO TRIVARIATE\n\n\n\nTICKER\nCOMPANY\nPRICE\n%CHANGE\n\n\n\n\nMCHP\nMicrochip Technology Inc\n145.62\n-3.0686\n\n\nTWLO\nTwilio Inc\n367.61\n1.84\n\n\nSQ\nSquare Inc\n237.05\n0.39\n\n\nNVDA\nNVIDIA Corp\n745.55\n-0.0992\n\n\nAAPL\nApple Inc\n130.46\n-1.0092\n\n\n\nApple is on Trivariate’s list of riskiest stocks. The research firm identifies Apple as one of the stocks with the most negative correlation to inflation. Trivariate predicts that if bond yields rise or if fears of inflation continue, shares of Apple will underperform the market.\nNvidiaalso makes the list of risky tech stocks. Trivariate found the semiconductor stock has one of the most asymmetric beta — meaning the stock is consistently more volatile than the broader market during a market pullback compared with typical times.\nTrivariate also named payments companySquare, cloud communications platformTwilioand semiconductor manufacturerMicrochip Technologyamong the riskiest technology stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160586571,"gmtCreate":1623802065593,"gmtModify":1634028052017,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Do we get to buy the shares???","listText":"Do we get to buy the shares???","text":"Do we get to buy the shares???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160586571","repostId":"2142027474","repostType":2,"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184910613,"gmtCreate":1623680497332,"gmtModify":1634030163726,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>to the moon&nbsp;[财迷]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>to the moon&nbsp;[财迷]&nbsp;","text":"$Tiger Brokers(TIGR)$to the moon [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184910613","isVote":1,"tweetType":1,"viewCount":1329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":185573705,"gmtCreate":1623663357907,"gmtModify":1634030489691,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Boring","listText":"Boring","text":"Boring","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185573705","repostId":"1193742635","repostType":4,"isVote":1,"tweetType":1,"viewCount":396,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185573544,"gmtCreate":1623663347188,"gmtModify":1634030489931,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Boring...","listText":"Boring...","text":"Boring...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185573544","repostId":"1193742635","repostType":4,"isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185573855,"gmtCreate":1623663305677,"gmtModify":1634030490292,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562130752693399","authorIdStr":"3562130752693399"},"themes":[],"htmlText":"Hello please like and cooment","listText":"Hello please like and cooment","text":"Hello please like and cooment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185573855","repostId":"1147529363","repostType":4,"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":141201840,"gmtCreate":1625873050780,"gmtModify":1633936608728,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Cool","listText":"Cool","text":"Cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141201840","repostId":"2150030193","repostType":4,"isVote":1,"tweetType":1,"viewCount":644,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150281529,"gmtCreate":1624907404761,"gmtModify":1633947207394,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Please like n comment","listText":"Please like n comment","text":"Please like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/150281529","repostId":"1182036516","repostType":2,"repost":{"id":"1182036516","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1624892087,"share":"https://www.laohu8.com/m/news/1182036516?lang=&edition=full","pubTime":"2021-06-28 22:54","market":"us","language":"en","title":"Nvidia shares rose more than 5% to a new high","url":"https://stock-news.laohu8.com/highlight/detail?id=1182036516","media":"Tiger Newspress","summary":"Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.\n\n","content":"<p>Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.</p>\n<p><img src=\"https://static.tigerbbs.com/05201fd147f1f824ea42bb1d0bcac789\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Three major chip makers have reportedly stepped up to say they support&nbsp;Nvidia‘s&nbsp;proposed acquisition of the U.K.-based chip-design house Arm.</p>\n<p>Last September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from&nbsp;SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.</p>\n<p>But the U.K.’s&nbsp;<i>Sunday Times</i>&nbsp;over the weekend&nbsp;reported&nbsp;that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based&nbsp;MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.</p>\n<p>Citi analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.</p>\n<p>“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”</p>\n<p>Malik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.</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>Nvidia shares rose more than 5% to a new high</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\">\nNvidia shares rose more than 5% to a new high\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-28 22:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.</p>\n<p><img src=\"https://static.tigerbbs.com/05201fd147f1f824ea42bb1d0bcac789\" tg-width=\"840\" tg-height=\"470\"></p>\n<p>Three major chip makers have reportedly stepped up to say they support&nbsp;Nvidia‘s&nbsp;proposed acquisition of the U.K.-based chip-design house Arm.</p>\n<p>Last September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from&nbsp;SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.</p>\n<p>But the U.K.’s&nbsp;<i>Sunday Times</i>&nbsp;over the weekend&nbsp;reported&nbsp;that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based&nbsp;MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.</p>\n<p>Citi analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.</p>\n<p>“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”</p>\n<p>Malik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182036516","content_text":"Nvidia shares rose more than 5% to a new high on Report Three Key Chip Makers Endorse Bid for Arm.\n\nThree major chip makers have reportedly stepped up to say they support Nvidia‘s proposed acquisition of the U.K.-based chip-design house Arm.\nLast September, Nvidia (ticker: NVDA) announced a deal to acquire Arm from SoftBank Group(SFTBY) for $40 billion in cash and stock in a transaction that would make SoftBank the largest investor in Nvidia. The deal has attracted considerable scrutiny from both regulators and other chip companies, given Arm’s position as a leading provider of microprocessor designs to the chip industry. Almost all smartphones use processors based on Arm designs.\nBut the U.K.’s Sunday Times over the weekend reported that three important Arm customers—Broadcom(AVGO), Marvell (MRVL), and Taiwan-based MediaTek(2454.TW)—have endorsed the transaction. None of the companies involved could immediately be reached for comment.\nCiti analyst Atif Malk wrote in a research note Sunday that the report is a big step forward for the proposed deal. He thinks the U.K. likely will approve the combination, given Nvidia’s public commitment to investing more in Arm’s U.K. operations. But he still sees considerable hurdles, in particular in China.\n“With the U.S. continuing to be aggressive against China winning in a tech race, we see China less likely to support a deal that would see them potentially losing access to Arm,” he wrote in a research note. “If Nvidia finds a way to keep the Arm China subsidiary as a separate entity without access to any [graphics processor or artificial intelligence] IP then there is a path to get both U.S. and China regulatory approval.”\nMalik says he says the path to approval remains narrow. He now sees a 30% chance of approval, up from a previous estimate of 10%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164156609,"gmtCreate":1624183954801,"gmtModify":1634009697919,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Please like and comment","listText":"Please like and comment","text":"Please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/164156609","repostId":"1183124175","repostType":2,"repost":{"id":"1183124175","kind":"news","pubTimestamp":1624151620,"share":"https://www.laohu8.com/m/news/1183124175?lang=&edition=full","pubTime":"2021-06-20 09:13","market":"us","language":"en","title":"Beware these risky tech stocks in your portfolio, strategist Parker warns","url":"https://stock-news.laohu8.com/highlight/detail?id=1183124175","media":"cnbc","summary":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.Growth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.Adam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a f","content":"<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Beware these risky tech stocks in your portfolio, strategist Parker warns</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\">\nBeware these risky tech stocks in your portfolio, strategist Parker warns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWLO":"Twilio Inc","MCHP":"微芯科技","SQ":"Block","NVDA":"英伟达","AAPL":"苹果"},"source_url":"https://www.cnbc.com/2021/06/19/tech-stocks-strategist-warns-of-risky-names.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1183124175","content_text":"As investors cycle back into growth stocks, one market strategist warns against certain technology names he believes are high risk.\nGrowth stocks are shares of companies expected to grow at a faster rate than the rest of the market. However, these names are typically riskier and more volatile than the average stock.\nAdam Parker, former Morgan Stanley chief U.S. equity strategist and founder of Trivariate Research, said the time is right to buy growth shares, but investors should be cautious of a few.\n“We think that portfolio managers should be buying growth stocks again, focusing on positive free cash flow and margin expansion, not earnings-based valuation,” Parker said in a note released Wednesday.\nTrivariate Research used a number of criteria to identify risky stocks, including low or negative correlation to inflation, high correlation to the economic reopening and high levels of company insiders selling their shares. The research firm then identified the eight riskiest names based on those measures.\n“Our view is that these are among the riskiest stocks to own today, so investors who own these names should have disproportionate upside to their base cases to compensate them for these risks,” Parker said.\nTake a look at five of the riskiest technology stocks, according to Trivariate.\nRISKIEST TECH STOCKS, ACCORDING TO TRIVARIATE\n\n\n\nTICKER\nCOMPANY\nPRICE\n%CHANGE\n\n\n\n\nMCHP\nMicrochip Technology Inc\n145.62\n-3.0686\n\n\nTWLO\nTwilio Inc\n367.61\n1.84\n\n\nSQ\nSquare Inc\n237.05\n0.39\n\n\nNVDA\nNVIDIA Corp\n745.55\n-0.0992\n\n\nAAPL\nApple Inc\n130.46\n-1.0092\n\n\n\nApple is on Trivariate’s list of riskiest stocks. The research firm identifies Apple as one of the stocks with the most negative correlation to inflation. Trivariate predicts that if bond yields rise or if fears of inflation continue, shares of Apple will underperform the market.\nNvidiaalso makes the list of risky tech stocks. Trivariate found the semiconductor stock has one of the most asymmetric beta — meaning the stock is consistently more volatile than the broader market during a market pullback compared with typical times.\nTrivariate also named payments companySquare, cloud communications platformTwilioand semiconductor manufacturerMicrochip Technologyamong the riskiest technology stocks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156520176,"gmtCreate":1625231350995,"gmtModify":1633942306942,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"nice please like and comment","listText":"nice please like and comment","text":"nice please like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/156520176","repostId":"1120069636","repostType":4,"repost":{"id":"1120069636","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1625229204,"share":"https://www.laohu8.com/m/news/1120069636?lang=&edition=full","pubTime":"2021-07-02 20:33","market":"us","language":"en","title":"Tesla Q2 2021 produced and delivered over 200,000 vehicles","url":"https://stock-news.laohu8.com/highlight/detail?id=1120069636","media":"Tiger Newspress","summary":"Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall ","content":"<p>Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall Street estimates, despite Chief Executive Officer Elon Musk's earlier warnings about a shortage of chips and raw materials.</p>\n<p>Analysts had expected the electric-car maker to deliver 200,258 vehicles, according to Refinitiv data.</p>\n<p><img src=\"https://static.tigerbbs.com/9611b4752891866d4583a65f27b75163\" tg-width=\"1030\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;0.64%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/737a9e557f3d740246a28b0faa8fcc42\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Q2 2021 produced and delivered over 200,000 vehicles</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 Q2 2021 produced and delivered over 200,000 vehicles\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\">2021-07-02 20:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall Street estimates, despite Chief Executive Officer Elon Musk's earlier warnings about a shortage of chips and raw materials.</p>\n<p>Analysts had expected the electric-car maker to deliver 200,258 vehicles, according to Refinitiv data.</p>\n<p><img src=\"https://static.tigerbbs.com/9611b4752891866d4583a65f27b75163\" tg-width=\"1030\" tg-height=\"243\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla&nbsp;shares&nbsp;fell&nbsp;0.64%&nbsp;in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/737a9e557f3d740246a28b0faa8fcc42\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></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":"1120069636","content_text":"Tesla Inc on Friday posted a record 201,250 vehicle deliveries for the second quarter, beating Wall Street estimates, despite Chief Executive Officer Elon Musk's earlier warnings about a shortage of chips and raw materials.\nAnalysts had expected the electric-car maker to deliver 200,258 vehicles, according to Refinitiv data.\n\nTesla shares fell 0.64% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186553636,"gmtCreate":1623513681725,"gmtModify":1634032218636,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Like and comment pls","listText":"Like and comment pls","text":"Like and comment pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/186553636","repostId":"2142206100","repostType":4,"repost":{"id":"2142206100","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1623470400,"share":"https://www.laohu8.com/m/news/2142206100?lang=&edition=full","pubTime":"2021-06-12 12:00","market":"hk","language":"en","title":"15 momentum stocks expected to show the best sales growth over the next two years, including Carvana, Tesla and Palantir","url":"https://stock-news.laohu8.com/highlight/detail?id=2142206100","media":"Dow Jones","summary":"Several companies on a stock screen have estimated two-year revenue growth of over 100%.\nThere are m","content":"<p>Several companies on a stock screen have estimated two-year revenue growth of over 100%.</p>\n<p>There are many broad approaches to the stock market for selecting individual companies or groups for investments. Momentum investing -- trying to ride the wave of other investors' sentiment -- is popular for day-traders, especially during the current meme-stock craze. But it can also work over the long term.</p>\n<p>Below is a list of momentum stocks of companies expected to show the strongest sales growth over the next two years.</p>\n<p>Momentum ETF</p>\n<p>To begin with a large group of momentum stocks, we can look at the <a href=\"https://laohu8.com/S/MTUM\">iShares MSCI USA Momentum Factor</a> ETF (MTUM). This is the largest U.S. ETF that follows a momentum strategy, according to Mark Hulbert performance relative to its benchmark, the S&amp;P 500 Growth Index.</p>\n<p>For example, the largest holding of the ETF is Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which \"has experienced strong risk-adjusted performance related to the market over the past 12 months,\" according to <a href=\"https://laohu8.com/S/EEME\">iShares</a> (a subsidiary of BlackRock Inc. <a href=\"https://laohu8.com/S/BLK\">$(BLK)$</a>). But shares of Merck &amp; Co. Inc. <a href=\"https://laohu8.com/S/MRK\">$(MRK)$</a> are excluded from MTUM because even though <a href=\"https://laohu8.com/S/EGRW\">iShares</a> considered its 12-month return \"attractive,\" the stock's six-month risk-adjusted return underperformed the benchmark.</p>\n<p>So keeping in mind the weighting by price performance relative to the index, tempered by volatility (going back as much as three years), here are the top 10 holdings of the <a href=\"https://laohu8.com/S/IHPXF\">iShares MSCI</a> USA Momentum Factor ETF:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Ticker</td>\n   <td>Share of MTUM</td>\n  </tr>\n  <tr>\n   <td>Tesla Inc.</td>\n   <td>TSLA</td>\n   <td>5.00%</td>\n  </tr>\n  <tr>\n   <td>JPMorgan Chase &amp; Co.</td>\n   <td>JPM</td>\n   <td>4.76%</td>\n  </tr>\n  <tr>\n   <td>Berkshire Hathaway Inc. Class B</td>\n   <td>BRK.B</td>\n   <td>4.58%</td>\n  </tr>\n  <tr>\n   <td>Walt Disney Co.</td>\n   <td>DIS</td>\n   <td>4.48%</td>\n  </tr>\n  <tr>\n   <td>$Bank of America Corp(BAC-N)$.</td>\n   <td>BAC</td>\n   <td>4.29%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc.</td>\n   <td>PYPL</td>\n   <td>3.66%</td>\n  </tr>\n  <tr>\n   <td>Wells Fargo &amp; Co.</td>\n   <td>WFC</td>\n   <td>3.11%</td>\n  </tr>\n  <tr>\n   <td>Applied Materials Inc.</td>\n   <td>AMAT</td>\n   <td>3.00%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class C</td>\n   <td>GOOG</td>\n   <td>2.67%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class A</td>\n   <td>GOOGL</td>\n   <td>2.45%</td>\n  </tr>\n  <tr>\n   <td>Goldman Sachs Group Inc.</td>\n   <td>GS</td>\n   <td>2.30%</td>\n  </tr>\n  <tr>\n   <td>(FactSet)</td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Actually, there are 11 stocks listed, as MTUM holds both share classes of Alphabet Inc. Banks and insurers make up half the list, which makes sense because financials have been the second-best performing sector in the S&amp;P 500 , after the materials sector.</p>\n<p>Momentum stock screen -- expected sales growth</p>\n<p>Thinking again about financials, they have had plenty of momentum as investors have gained confidence the U.S. economy will continue roaring back from the damage caused by the coronavirus pandemic.</p>\n<p>But revenue growth can be an important driver, especially for individual stock prices over the long term. From here, the financials might not be the best place to look for rapidly rising revenue over the next two years.</p>\n<p>Starting with the 125 momentum stocks held by MTUM, here are the 15 companies expected by analysts polled by FactSet to increase revenue the most over the next two calendar years, with 2021 as the baseline. The figures are in millions of dollars:</p>\n<p>Those are stellar sales-growth numbers -- if the analysts are close to being correct. Many of the stocks are also expensive relative to the expected 2023 sales numbers. In comparison, the <a href=\"https://laohu8.com/S/EMDI\">iShares</a> S&amp;P 500 Growth ETF <a href=\"https://laohu8.com/S/IVW\">$(IVW)$</a> (which tracks the entire S&amp;P 500 Growth Index) trades for 4.2 times estimated 2023 sales.</p>\n<p>Plug Power Inc. <a href=\"https://laohu8.com/S/PLUG\">$(PLUG)$</a> tops the list, with analysts expecting sales to increase to $1.1 billion in 2023. The company said on June 10 it would build a hydrogen-production plant in Camden County, Ga.</p>\n<p><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. (SNAP) CEO Evan Spiegal said recently the company had grown to 500 million active daily users and that almost half of U.S. smartphone users were using Snapchat.</p>\n<p>Novavax Inc. <a href=\"https://laohu8.com/S/NVAX\">$(NVAX)$</a> expects to apply for FDA approval of its coronavirus vaccine during the third quarter.</p>\n<p><a href=\"https://laohu8.com/S/CVNA\">Carvana Co.</a> (CVNA) has been on a tear, with used-car demand spiking in the wake of component shortages for automobile production. The company's sales by units increased 76% in the first quarter from a year earlier.</p>\n<p>Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft Inc <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> are also expected to ride the economic recovery wave, although analysts expect Lyft to take longer to exceed its pre-pandemic revenue level .</p>\n<p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> (PLTR) rounds out the list. The developer of software used by government defense and intelligence agencies was included in this analysis of meme stocks .</p>\n<p>Earnings</p>\n<p>Some of these companies are still in relatively early growth stages, and aren't expected to achieve full-year profitability until 2023. Here are consensus earnings-per-share estimates for three years:</p>\n<p>Those are very high price-to-earnings ratios based on current stock prices and consensus estimates for 2023. But for rapidly growing companies, earnings typically aren't a priority, which explains why Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> always trades at a high P/E. In comparison, the the <a href=\"https://laohu8.com/S/EMEY\">iShares</a> S&amp;P 500 Growth ETF trades for 23.3 times its weighted aggregate consensus earnings estimate for 2023.</p>\n<p>Wall Street's opinion</p>\n<p>Here's a summary of opinion about the 15 companies held by MTUM that analysts expect to grow their revenue the most over the next two years:</p>\n<p>The 12-month price targets may not be useful -- for traders, this is an eternity; it may be a short period for long-term investors looking to profit for years as sales (and hopefully earnings, eventually) compound. It is important to do your own research and form your own opinion about a company's financial health and its ability to remain competitive.</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>15 momentum stocks expected to show the best sales growth over the next two years, including Carvana, Tesla and Palantir</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\">\n15 momentum stocks expected to show the best sales growth over the next two years, including Carvana, Tesla and Palantir\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\">2021-06-12 12:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Several companies on a stock screen have estimated two-year revenue growth of over 100%.</p>\n<p>There are many broad approaches to the stock market for selecting individual companies or groups for investments. Momentum investing -- trying to ride the wave of other investors' sentiment -- is popular for day-traders, especially during the current meme-stock craze. But it can also work over the long term.</p>\n<p>Below is a list of momentum stocks of companies expected to show the strongest sales growth over the next two years.</p>\n<p>Momentum ETF</p>\n<p>To begin with a large group of momentum stocks, we can look at the <a href=\"https://laohu8.com/S/MTUM\">iShares MSCI USA Momentum Factor</a> ETF (MTUM). This is the largest U.S. ETF that follows a momentum strategy, according to Mark Hulbert performance relative to its benchmark, the S&amp;P 500 Growth Index.</p>\n<p>For example, the largest holding of the ETF is Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which \"has experienced strong risk-adjusted performance related to the market over the past 12 months,\" according to <a href=\"https://laohu8.com/S/EEME\">iShares</a> (a subsidiary of BlackRock Inc. <a href=\"https://laohu8.com/S/BLK\">$(BLK)$</a>). But shares of Merck &amp; Co. Inc. <a href=\"https://laohu8.com/S/MRK\">$(MRK)$</a> are excluded from MTUM because even though <a href=\"https://laohu8.com/S/EGRW\">iShares</a> considered its 12-month return \"attractive,\" the stock's six-month risk-adjusted return underperformed the benchmark.</p>\n<p>So keeping in mind the weighting by price performance relative to the index, tempered by volatility (going back as much as three years), here are the top 10 holdings of the <a href=\"https://laohu8.com/S/IHPXF\">iShares MSCI</a> USA Momentum Factor ETF:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Ticker</td>\n   <td>Share of MTUM</td>\n  </tr>\n  <tr>\n   <td>Tesla Inc.</td>\n   <td>TSLA</td>\n   <td>5.00%</td>\n  </tr>\n  <tr>\n   <td>JPMorgan Chase &amp; Co.</td>\n   <td>JPM</td>\n   <td>4.76%</td>\n  </tr>\n  <tr>\n   <td>Berkshire Hathaway Inc. Class B</td>\n   <td>BRK.B</td>\n   <td>4.58%</td>\n  </tr>\n  <tr>\n   <td>Walt Disney Co.</td>\n   <td>DIS</td>\n   <td>4.48%</td>\n  </tr>\n  <tr>\n   <td>$Bank of America Corp(BAC-N)$.</td>\n   <td>BAC</td>\n   <td>4.29%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc.</td>\n   <td>PYPL</td>\n   <td>3.66%</td>\n  </tr>\n  <tr>\n   <td>Wells Fargo &amp; Co.</td>\n   <td>WFC</td>\n   <td>3.11%</td>\n  </tr>\n  <tr>\n   <td>Applied Materials Inc.</td>\n   <td>AMAT</td>\n   <td>3.00%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class C</td>\n   <td>GOOG</td>\n   <td>2.67%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class A</td>\n   <td>GOOGL</td>\n   <td>2.45%</td>\n  </tr>\n  <tr>\n   <td>Goldman Sachs Group Inc.</td>\n   <td>GS</td>\n   <td>2.30%</td>\n  </tr>\n  <tr>\n   <td>(FactSet)</td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Actually, there are 11 stocks listed, as MTUM holds both share classes of Alphabet Inc. Banks and insurers make up half the list, which makes sense because financials have been the second-best performing sector in the S&amp;P 500 , after the materials sector.</p>\n<p>Momentum stock screen -- expected sales growth</p>\n<p>Thinking again about financials, they have had plenty of momentum as investors have gained confidence the U.S. economy will continue roaring back from the damage caused by the coronavirus pandemic.</p>\n<p>But revenue growth can be an important driver, especially for individual stock prices over the long term. From here, the financials might not be the best place to look for rapidly rising revenue over the next two years.</p>\n<p>Starting with the 125 momentum stocks held by MTUM, here are the 15 companies expected by analysts polled by FactSet to increase revenue the most over the next two calendar years, with 2021 as the baseline. The figures are in millions of dollars:</p>\n<p>Those are stellar sales-growth numbers -- if the analysts are close to being correct. Many of the stocks are also expensive relative to the expected 2023 sales numbers. In comparison, the <a href=\"https://laohu8.com/S/EMDI\">iShares</a> S&amp;P 500 Growth ETF <a href=\"https://laohu8.com/S/IVW\">$(IVW)$</a> (which tracks the entire S&amp;P 500 Growth Index) trades for 4.2 times estimated 2023 sales.</p>\n<p>Plug Power Inc. <a href=\"https://laohu8.com/S/PLUG\">$(PLUG)$</a> tops the list, with analysts expecting sales to increase to $1.1 billion in 2023. The company said on June 10 it would build a hydrogen-production plant in Camden County, Ga.</p>\n<p><a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>. (SNAP) CEO Evan Spiegal said recently the company had grown to 500 million active daily users and that almost half of U.S. smartphone users were using Snapchat.</p>\n<p>Novavax Inc. <a href=\"https://laohu8.com/S/NVAX\">$(NVAX)$</a> expects to apply for FDA approval of its coronavirus vaccine during the third quarter.</p>\n<p><a href=\"https://laohu8.com/S/CVNA\">Carvana Co.</a> (CVNA) has been on a tear, with used-car demand spiking in the wake of component shortages for automobile production. The company's sales by units increased 76% in the first quarter from a year earlier.</p>\n<p>Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a> and Lyft Inc <a href=\"https://laohu8.com/S/LYFT\">$(LYFT)$</a> are also expected to ride the economic recovery wave, although analysts expect Lyft to take longer to exceed its pre-pandemic revenue level .</p>\n<p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> (PLTR) rounds out the list. The developer of software used by government defense and intelligence agencies was included in this analysis of meme stocks .</p>\n<p>Earnings</p>\n<p>Some of these companies are still in relatively early growth stages, and aren't expected to achieve full-year profitability until 2023. Here are consensus earnings-per-share estimates for three years:</p>\n<p>Those are very high price-to-earnings ratios based on current stock prices and consensus estimates for 2023. But for rapidly growing companies, earnings typically aren't a priority, which explains why Amazon.com Inc. <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a> always trades at a high P/E. In comparison, the the <a href=\"https://laohu8.com/S/EMEY\">iShares</a> S&amp;P 500 Growth ETF trades for 23.3 times its weighted aggregate consensus earnings estimate for 2023.</p>\n<p>Wall Street's opinion</p>\n<p>Here's a summary of opinion about the 15 companies held by MTUM that analysts expect to grow their revenue the most over the next two years:</p>\n<p>The 12-month price targets may not be useful -- for traders, this is an eternity; it may be a short period for long-term investors looking to profit for years as sales (and hopefully earnings, eventually) compound. It is important to do your own research and form your own opinion about a company's financial health and its ability to remain competitive.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc","CVNA":"Carvana Co.","PLTR":"Palantir Technologies Inc.","PLUG":"普拉格能源","TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142206100","content_text":"Several companies on a stock screen have estimated two-year revenue growth of over 100%.\nThere are many broad approaches to the stock market for selecting individual companies or groups for investments. Momentum investing -- trying to ride the wave of other investors' sentiment -- is popular for day-traders, especially during the current meme-stock craze. But it can also work over the long term.\nBelow is a list of momentum stocks of companies expected to show the strongest sales growth over the next two years.\nMomentum ETF\nTo begin with a large group of momentum stocks, we can look at the iShares MSCI USA Momentum Factor ETF (MTUM). This is the largest U.S. ETF that follows a momentum strategy, according to Mark Hulbert performance relative to its benchmark, the S&P 500 Growth Index.\nFor example, the largest holding of the ETF is Tesla Inc. $(TSLA)$, which \"has experienced strong risk-adjusted performance related to the market over the past 12 months,\" according to iShares (a subsidiary of BlackRock Inc. $(BLK)$). But shares of Merck & Co. Inc. $(MRK)$ are excluded from MTUM because even though iShares considered its 12-month return \"attractive,\" the stock's six-month risk-adjusted return underperformed the benchmark.\nSo keeping in mind the weighting by price performance relative to the index, tempered by volatility (going back as much as three years), here are the top 10 holdings of the iShares MSCI USA Momentum Factor ETF:\n\n\n\nCompany\nTicker\nShare of MTUM\n\n\nTesla Inc.\nTSLA\n5.00%\n\n\nJPMorgan Chase & Co.\nJPM\n4.76%\n\n\nBerkshire Hathaway Inc. Class B\nBRK.B\n4.58%\n\n\nWalt Disney Co.\nDIS\n4.48%\n\n\n$Bank of America Corp(BAC-N)$.\nBAC\n4.29%\n\n\nPayPal Holdings Inc.\nPYPL\n3.66%\n\n\nWells Fargo & Co.\nWFC\n3.11%\n\n\nApplied Materials Inc.\nAMAT\n3.00%\n\n\nAlphabet Inc. Class C\nGOOG\n2.67%\n\n\nAlphabet Inc. Class A\nGOOGL\n2.45%\n\n\nGoldman Sachs Group Inc.\nGS\n2.30%\n\n\n(FactSet)\n\n\n\n\n\nActually, there are 11 stocks listed, as MTUM holds both share classes of Alphabet Inc. Banks and insurers make up half the list, which makes sense because financials have been the second-best performing sector in the S&P 500 , after the materials sector.\nMomentum stock screen -- expected sales growth\nThinking again about financials, they have had plenty of momentum as investors have gained confidence the U.S. economy will continue roaring back from the damage caused by the coronavirus pandemic.\nBut revenue growth can be an important driver, especially for individual stock prices over the long term. From here, the financials might not be the best place to look for rapidly rising revenue over the next two years.\nStarting with the 125 momentum stocks held by MTUM, here are the 15 companies expected by analysts polled by FactSet to increase revenue the most over the next two calendar years, with 2021 as the baseline. The figures are in millions of dollars:\nThose are stellar sales-growth numbers -- if the analysts are close to being correct. Many of the stocks are also expensive relative to the expected 2023 sales numbers. In comparison, the iShares S&P 500 Growth ETF $(IVW)$ (which tracks the entire S&P 500 Growth Index) trades for 4.2 times estimated 2023 sales.\nPlug Power Inc. $(PLUG)$ tops the list, with analysts expecting sales to increase to $1.1 billion in 2023. The company said on June 10 it would build a hydrogen-production plant in Camden County, Ga.\nSnap Inc. (SNAP) CEO Evan Spiegal said recently the company had grown to 500 million active daily users and that almost half of U.S. smartphone users were using Snapchat.\nNovavax Inc. $(NVAX)$ expects to apply for FDA approval of its coronavirus vaccine during the third quarter.\nCarvana Co. (CVNA) has been on a tear, with used-car demand spiking in the wake of component shortages for automobile production. The company's sales by units increased 76% in the first quarter from a year earlier.\nUber Technologies Inc. $(UBER)$ and Lyft Inc $(LYFT)$ are also expected to ride the economic recovery wave, although analysts expect Lyft to take longer to exceed its pre-pandemic revenue level .\nPalantir Technologies Inc. (PLTR) rounds out the list. The developer of software used by government defense and intelligence agencies was included in this analysis of meme stocks .\nEarnings\nSome of these companies are still in relatively early growth stages, and aren't expected to achieve full-year profitability until 2023. Here are consensus earnings-per-share estimates for three years:\nThose are very high price-to-earnings ratios based on current stock prices and consensus estimates for 2023. But for rapidly growing companies, earnings typically aren't a priority, which explains why Amazon.com Inc. $(AMZN)$ always trades at a high P/E. In comparison, the the iShares S&P 500 Growth ETF trades for 23.3 times its weighted aggregate consensus earnings estimate for 2023.\nWall Street's opinion\nHere's a summary of opinion about the 15 companies held by MTUM that analysts expect to grow their revenue the most over the next two years:\nThe 12-month price targets may not be useful -- for traders, this is an eternity; it may be a short period for long-term investors looking to profit for years as sales (and hopefully earnings, eventually) compound. It is important to do your own research and form your own opinion about a company's financial health and its ability to remain competitive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357024604,"gmtCreate":1617211803408,"gmtModify":1634522014564,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"The courses are good","listText":"The courses are good","text":"The courses are 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Inc.(NIO)$我觉的价格会掉","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/304545846","isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":386779649,"gmtCreate":1613286333381,"gmtModify":1634554006478,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"下个新期的USA公司财政报告日期 分享给大家[财迷]&nbsp;[财迷]&nbsp;[财迷]&nbsp;[开心]&nbsp;[开心]&nbsp;","listText":"下个新期的USA公司财政报告日期 分享给大家[财迷]&nbsp;[财迷]&nbsp;[财迷]&nbsp;[开心]&nbsp;[开心]&nbsp;","text":"下个新期的USA公司财政报告日期 分享给大家[财迷] [财迷] [财迷] [开心] [开心]","images":[{"img":"https://static.tigerbbs.com/14c8610437489a04fc5a86bc088f6afd","width":"1080","height":"580"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/386779649","isVote":1,"tweetType":1,"viewCount":527,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":185573855,"gmtCreate":1623663305677,"gmtModify":1634030490292,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Hello please like and cooment","listText":"Hello please like and cooment","text":"Hello please like and cooment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185573855","repostId":"1147529363","repostType":4,"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347510258,"gmtCreate":1618500807674,"gmtModify":1634292470917,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/347510258","repostId":"347662734","repostType":1,"repost":{"id":347662734,"gmtCreate":1618493888228,"gmtModify":1618493888228,"author":{"id":"3575000374358363","authorId":"3575000374358363","name":"Borui","avatar":"https://static.tigerbbs.com/a22e73c6d20840bd1baa9e6791b7fce7","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575000374358363","idStr":"3575000374358363"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>割肉离场 关注价格 等机会再进","listText":"<a href=\"https://laohu8.com/S/COIN\">$Coinbase Global, Inc.(COIN)$</a>割肉离场 关注价格 等机会再进","text":"$Coinbase Global, Inc.(COIN)$割肉离场 关注价格 等机会再进","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/347662734","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346765559,"gmtCreate":1618114974371,"gmtModify":1634294829251,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Nice ariticles. Please&nbsp; like","listText":"Nice ariticles. Please&nbsp; like","text":"Nice ariticles. Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346765559","repostId":"2126038125","repostType":2,"repost":{"id":"2126038125","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617981432,"share":"https://www.laohu8.com/m/news/2126038125?lang=&edition=full","pubTime":"2021-04-09 23:17","market":"us","language":"en","title":"EU seeks new contract with Pfizer/BioNTech for up to 1.8 billion vaccines from 2022 -EU source","url":"https://stock-news.laohu8.com/highlight/detail?id=2126038125","media":"Reuters","summary":"BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch ","content":"<p>BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch talks with Pfizer and BioNTech for the purchase of up to 1.8 billion doses of their COVID-19 vaccines to be delivered in 2022 and 2023, an EU official told Reuters.</p>\n<p>Earlier on Friday, German daily Die Welt reported that the Commission was shortly to sign contracts to buy up to 1.8 billion doses, but did not say with which company.</p>\n<p>The EU official, who asked not to be named because the matter is confidential, said the EU executive had already decided to approach Pfizer-BioNTech and that EU governments backed the plan, though there was not yet a definitive approval.</p>\n<p>A Commission spokesman confirmed plans to buy the additional doses, of which half would be optional.</p>\n<p>He also confirmed that the EU executive had already identified one supplier, a manufacturer of mRNA vaccines, but declined to comment on which company would be approached to negotiate the contract.</p>\n<p>“If provided the opportunity Pfizer and BioNTech are prepared to supply Europe with hundreds of millions of doses of COVID vaccines in 2022 and 2023 produced in our manufacturing facilities in Europe,” a Pfizer spokesman said.</p>\n<p>The two companies have the capacity to produce more than 3 billion doses of vaccine in 2022, he added.</p>\n<p>Pfizer-BioNTech and Moderna are already supplying the EU with mRNA vaccines and German biotech firm CureVac is seeking EU approval for its mRNA shot.</p>\n<p>The vaccines would be delivered under monthly timetables and with clauses obliging the supplier to deliver, the EU official 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>EU seeks new contract with Pfizer/BioNTech for up to 1.8 billion vaccines from 2022 -EU source</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\">\nEU seeks new contract with Pfizer/BioNTech for up to 1.8 billion vaccines from 2022 -EU source\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-04-09 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch talks with Pfizer and BioNTech for the purchase of up to 1.8 billion doses of their COVID-19 vaccines to be delivered in 2022 and 2023, an EU official told Reuters.</p>\n<p>Earlier on Friday, German daily Die Welt reported that the Commission was shortly to sign contracts to buy up to 1.8 billion doses, but did not say with which company.</p>\n<p>The EU official, who asked not to be named because the matter is confidential, said the EU executive had already decided to approach Pfizer-BioNTech and that EU governments backed the plan, though there was not yet a definitive approval.</p>\n<p>A Commission spokesman confirmed plans to buy the additional doses, of which half would be optional.</p>\n<p>He also confirmed that the EU executive had already identified one supplier, a manufacturer of mRNA vaccines, but declined to comment on which company would be approached to negotiate the contract.</p>\n<p>“If provided the opportunity Pfizer and BioNTech are prepared to supply Europe with hundreds of millions of doses of COVID vaccines in 2022 and 2023 produced in our manufacturing facilities in Europe,” a Pfizer spokesman said.</p>\n<p>The two companies have the capacity to produce more than 3 billion doses of vaccine in 2022, he added.</p>\n<p>Pfizer-BioNTech and Moderna are already supplying the EU with mRNA vaccines and German biotech firm CureVac is seeking EU approval for its mRNA shot.</p>\n<p>The vaccines would be delivered under monthly timetables and with clauses obliging the supplier to deliver, the EU official said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE","PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126038125","content_text":"BRUSSELS, April 9 (Reuters) - The European Commission is seeking EU governments’ approval to launch talks with Pfizer and BioNTech for the purchase of up to 1.8 billion doses of their COVID-19 vaccines to be delivered in 2022 and 2023, an EU official told Reuters.\nEarlier on Friday, German daily Die Welt reported that the Commission was shortly to sign contracts to buy up to 1.8 billion doses, but did not say with which company.\nThe EU official, who asked not to be named because the matter is confidential, said the EU executive had already decided to approach Pfizer-BioNTech and that EU governments backed the plan, though there was not yet a definitive approval.\nA Commission spokesman confirmed plans to buy the additional doses, of which half would be optional.\nHe also confirmed that the EU executive had already identified one supplier, a manufacturer of mRNA vaccines, but declined to comment on which company would be approached to negotiate the contract.\n“If provided the opportunity Pfizer and BioNTech are prepared to supply Europe with hundreds of millions of doses of COVID vaccines in 2022 and 2023 produced in our manufacturing facilities in Europe,” a Pfizer spokesman said.\nThe two companies have the capacity to produce more than 3 billion doses of vaccine in 2022, he added.\nPfizer-BioNTech and Moderna are already supplying the EU with mRNA vaccines and German biotech firm CureVac is seeking EU approval for its mRNA shot.\nThe vaccines would be delivered under monthly timetables and with clauses obliging the supplier to deliver, the EU official said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":34,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354524521,"gmtCreate":1617190717763,"gmtModify":1634522183421,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Please like thank you","listText":"Please like thank you","text":"Please like thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354524521","repostId":"1196818239","repostType":4,"repost":{"id":"1196818239","kind":"news","pubTimestamp":1617181590,"share":"https://www.laohu8.com/m/news/1196818239?lang=&edition=full","pubTime":"2021-03-31 17:06","market":"us","language":"en","title":"President Biden will unveil his $2 trillion infrastructure plan today – here are the details","url":"https://stock-news.laohu8.com/highlight/detail?id=1196818239","media":"cnbc","summary":"President Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.The plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.An increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.PresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administra","content":"<div>\n<p>KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>President Biden will unveil his $2 trillion infrastructure plan today – here are the details</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\">\nPresident Biden will unveil his $2 trillion infrastructure plan today – here are the details\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-31 17:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.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/ff7dc206228e5f0b17e2120c141f32db","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.cnbc.com/2021/03/31/biden-infrastructure-plan-includes-corporate-tax-hike-transportation-spending.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1196818239","content_text":"KEY POINTS\n\nPresident Joe Biden will unveil a more than $2 trillion infrastructure and economic recovery package on Wednesday.\nThe plan aims to revitalize U.S. transportation infrastructure, water systems, broadband and manufacturing, among other goals.\nAn increase in the corporate tax rate to 28% and measures designed to prevent offshoring of profits will fund the spending, according to the White House.\n\nPresidentJoe Bidenwill unveil a more than $2 trillion infrastructure package on Wednesday as his administration shifts its focus to bolstering the post-pandemic economy.\nThe plan Biden will outline Wednesday will include roughly $2 trillion in spending over eight years, and would raise the corporate tax rate to 28% to fund it, an administration official told reporters Tuesday night.\nThe White House said the tax hike, combined with measures designed to stop offshoring of profits, would fund the infrastructure plan within 15 years.\nThe proposal would:\n\nPut $621 billion into transportation infrastructure such as bridges, roads, public transit, ports, airports and electric vehicle development\nDirect $400 billion to care for elderly and disabled Americans\nInject more than $300 billion into improving drinking-water infrastructure, expanding broadband access and upgrading electric grids\nPut more than $300 billion into building and retrofitting affordable housing, along with constructing and upgrading schools\nInvest $580 billionin American manufacturing, research and development and job training efforts\n\nThe president will kick off his second major White House initiative after passage of a $1.9 trillion coronavirus relief plan earlier this month. The administration aims to approve a first proposal designed to create jobs, revamp U.S. infrastructure and fight climate change before it turns toward a second plan to improve education and expand paid leave and health-care coverage.\nThrough the plan announced Wednesday, the White House aims to show it can “revitalize our national imagination and put millions of Americans to work right now,” the administration official said.\nThe White House plans to fund the spending by raising the corporate tax rate to 28%. Republicans slashed the levy to 21% from 35% as part of their 2017 tax law.\nThe administration also aims to boost the global minimum tax for multinational corporations and ensure they pay at least 21%. The White House also aims to discourage firms from listing tax havens as their address and writing off expenses related to offshoring, among other reforms.\nBiden hopes the package will create manufacturing jobs and rescue failing American infrastructure as the country tries to emerge from the shadow of Covid-19. He and congressional Democrats also aim to combat climate change and start a transition to cleaner energy sources.\nThe president was set to announce his plans in Pittsburgh, a city where organized labor has a strong presence and the economy has undergone a shift from traditional manufacturing and mining to health care and technology. Biden, who has pledged to create union jobs as part of the infrastructure plan, launched his presidential campaign at a Pittsburgh union hall in 2019.\nWhile Democrats narrowly control both chambers of Congress, the party faces challenges in passing the infrastructure plan. The GOP broadly supports efforts to rebuild roads, bridges and airports and expand broadband access, but Republicans oppose tax hikes as part of the process.\n“We’re hearing the next few months might bring a so-called infrastructure proposal that may actually be a Trojan horse for massive tax hikes and other job-killing left-wing policies,” Senate Minority Leader Mitch McConnell, R-Ky., said earlier this month.\nBiden has said he hopes to win Republican support for an infrastructure bill. If Democrats cannot get 10 GOP senators on board, they will have to try to pass the bill through budget reconciliation, which would not require any Republicans to back the plan in a chamber split 50-50 by party.\nThey would also have to consider whether to package the physical infrastructure plans with other recovery policies including universal pre-K and expanded paid leave. Republicans likely would not back more spending to boost the social safety net, especially if Democrats move to hike taxes on the wealthy to fund programs.\nThe administration official did not say whether Biden would seek to pass the plan with bipartisan support.\n“We will begin and will already have begun to do extensive outreach to our counterparts in Congress,” the official said.\nAsked Monday about how the bill could pass, White House press secretary Jen Psaki said Biden would “leave the mechanics of bill passing to [Senate Majority] Leader [Chuck] Schumer and other leaders in Congress.”\nAs of now, Democrats will have two more shots at budget reconciliation before the 2022 midterms. Schumer, D-N.Y., hopes to convince the chamber’s parliamentarian to allow Democrats to use the process at least once more beyond those two opportunities, according to NBC News.\nThe party passed its $1.9 trillion coronavirus relief package without a Republican vote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":35,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":304048192,"gmtCreate":1605099037916,"gmtModify":1703836216171,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>这个是wave什么?","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>这个是wave什么?","text":"$NIO Inc.(NIO)$这个是wave什么?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/304048192","isVote":1,"tweetType":1,"viewCount":845,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667803686145","idStr":"3527667803686145"},"content":"终于等到了您的初发帖[比心][比心]希望您能在老虎社区玩得愉快、赚得开心！如果您想创作优质文章，请查看老虎社区创作指引","text":"终于等到了您的初发帖[比心][比心]希望您能在老虎社区玩得愉快、赚得开心！如果您想创作优质文章，请查看老虎社区创作指引","html":"终于等到了您的初发帖[比心][比心]希望您能在老虎社区玩得愉快、赚得开心！如果您想创作优质文章，请查看老虎社区创作指引"}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":184910613,"gmtCreate":1623680497332,"gmtModify":1634030163726,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>to the moon&nbsp;[财迷]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>to the moon&nbsp;[财迷]&nbsp;","text":"$Tiger Brokers(TIGR)$to the moon [财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/184910613","isVote":1,"tweetType":1,"viewCount":1329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":198510846,"gmtCreate":1620969118485,"gmtModify":1634194866598,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Like please","listText":"Like please","text":"Like please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/198510846","repostId":"1149765041","repostType":4,"repost":{"id":"1149765041","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620948199,"share":"https://www.laohu8.com/m/news/1149765041?lang=&edition=full","pubTime":"2021-05-14 07:23","market":"us","language":"en","title":"Coinbase revenue tripled from last quarter,To Offer Dogecoin In 6 To 8 Weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=1149765041","media":"Tiger Newspress","summary":"Coinbase shares were once up about 4% in after-hours trading Thursday, after reporting that revenue ","content":"<p>Coinbase&nbsp;shares were&nbsp;once up about 4% in after-hours trading Thursday, after reporting that revenue and net income skyrocketed in the first quarter of 2021 as the cryptocurrency trading platform capitalized on a boom in crypto prices and corresponding interest from investors. The results largely matched estimates that Coinbasedelivered on April 6, about a week before its public debut.</p><p><img src=\"https://static.tigerbbs.com/d62b42f65e0e85aff0a649aaa0659e42\" tg-width=\"1290\" tg-height=\"645\" referrerpolicy=\"no-referrer\"></p><p>Here'show the cryptocurrency exchange didin its first earnings report since&nbsp;the company's direct listingin April:</p><ul><li><b>Earnings:</b>$3.05 per share</li><li><b>Revenue:</b>$1.80 billion, up from $585 million in the previous quarter.</li></ul><p>The company's net profit for the quarter was over $771 million, more than fourfold over Q4 2020's figure of $177 million and more than 24 times higher than the year-ago quarter's profit.</p><p>On the earnings call, the company said that it planned to list dogecoin in the next six to eight weeks. The meme-inspired cryptocurrency was up as much as 26,000% in the last six months, before falling after Elon Musk's \"Saturday Night Live\" hosting debut, in which he called dogecoin a \"hustle.\"</p><p>Coinbase's fate is tethered to the performance of digital assets like bitcoin. Roughly 94% of the company's net revenue in the first quarter came from transaction fees from trading. In an introductory note, the company noted that bitcoin prices nearly doubled during the quarter, and ether prices almost tripled.</p><p>Coinbase fees, which account for the bulk sum of the company's revenue, are higher than some rivals. When asked about this, CFO Alesia Haas doubled down on the company's strategy, suggesting margins will remain high for the cryptocurrency exchange.</p><p>\"We're not trying to win on fees,\" said Haas. \"We're not trying to compete on fees. We're competing on being the most trusted.\"</p><p>Haas told CNBC that the company's main focus in the first quarter was reliability. \"We are dealing with unprecedented growth in demand, and our focus was making sure that our exchange stayed up.\"</p><p>Monthly transacting users more than doubled from the previous quarter, from 2.8 million to 6.1 million. Coinbase's 56 million verified users, along with record-breaking price moves in the crypto market, led trading volume to more than triple from the previous quarter.</p><p>In its release, Coinbase did not offer detailed revenue nor earnings guidance for either Q2 or the full year, warning that, \"As we have previously discussed, it is important for investors to remember that our business is inherently unpredictable.\" However, it offered guidance of between 5.5 million and 9.0 million monthly transacting users for the full year, depending on crypto prices, and predicted that annual average net revenue would exceed the historic mark of $35 to $45 that it's averaged for the last two years.</p><p>During last month's direct listing,&nbsp;Coinbase opened at $381 per share&nbsp;and was briefly valued atas much as $100 billion, a landmark event for the cryptocurrency industry.</p><p>Excluding the after-hours move, Coinbase stock has fallen about 30.4% since going public on April 14, while theNasdaqfell 5.3% over the same period.</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>Coinbase revenue tripled from last quarter,To Offer Dogecoin In 6 To 8 Weeks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCoinbase revenue tripled from last quarter,To Offer Dogecoin In 6 To 8 Weeks\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\">2021-05-14 07:23</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Coinbase&nbsp;shares were&nbsp;once up about 4% in after-hours trading Thursday, after reporting that revenue and net income skyrocketed in the first quarter of 2021 as the cryptocurrency trading platform capitalized on a boom in crypto prices and corresponding interest from investors. The results largely matched estimates that Coinbasedelivered on April 6, about a week before its public debut.</p><p><img src=\"https://static.tigerbbs.com/d62b42f65e0e85aff0a649aaa0659e42\" tg-width=\"1290\" tg-height=\"645\" referrerpolicy=\"no-referrer\"></p><p>Here'show the cryptocurrency exchange didin its first earnings report since&nbsp;the company's direct listingin April:</p><ul><li><b>Earnings:</b>$3.05 per share</li><li><b>Revenue:</b>$1.80 billion, up from $585 million in the previous quarter.</li></ul><p>The company's net profit for the quarter was over $771 million, more than fourfold over Q4 2020's figure of $177 million and more than 24 times higher than the year-ago quarter's profit.</p><p>On the earnings call, the company said that it planned to list dogecoin in the next six to eight weeks. The meme-inspired cryptocurrency was up as much as 26,000% in the last six months, before falling after Elon Musk's \"Saturday Night Live\" hosting debut, in which he called dogecoin a \"hustle.\"</p><p>Coinbase's fate is tethered to the performance of digital assets like bitcoin. Roughly 94% of the company's net revenue in the first quarter came from transaction fees from trading. In an introductory note, the company noted that bitcoin prices nearly doubled during the quarter, and ether prices almost tripled.</p><p>Coinbase fees, which account for the bulk sum of the company's revenue, are higher than some rivals. When asked about this, CFO Alesia Haas doubled down on the company's strategy, suggesting margins will remain high for the cryptocurrency exchange.</p><p>\"We're not trying to win on fees,\" said Haas. \"We're not trying to compete on fees. We're competing on being the most trusted.\"</p><p>Haas told CNBC that the company's main focus in the first quarter was reliability. \"We are dealing with unprecedented growth in demand, and our focus was making sure that our exchange stayed up.\"</p><p>Monthly transacting users more than doubled from the previous quarter, from 2.8 million to 6.1 million. Coinbase's 56 million verified users, along with record-breaking price moves in the crypto market, led trading volume to more than triple from the previous quarter.</p><p>In its release, Coinbase did not offer detailed revenue nor earnings guidance for either Q2 or the full year, warning that, \"As we have previously discussed, it is important for investors to remember that our business is inherently unpredictable.\" However, it offered guidance of between 5.5 million and 9.0 million monthly transacting users for the full year, depending on crypto prices, and predicted that annual average net revenue would exceed the historic mark of $35 to $45 that it's averaged for the last two years.</p><p>During last month's direct listing,&nbsp;Coinbase opened at $381 per share&nbsp;and was briefly valued atas much as $100 billion, a landmark event for the cryptocurrency industry.</p><p>Excluding the after-hours move, Coinbase stock has fallen about 30.4% since going public on April 14, while theNasdaqfell 5.3% over the same period.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149765041","content_text":"Coinbase shares were once up about 4% in after-hours trading Thursday, after reporting that revenue and net income skyrocketed in the first quarter of 2021 as the cryptocurrency trading platform capitalized on a boom in crypto prices and corresponding interest from investors. The results largely matched estimates that Coinbasedelivered on April 6, about a week before its public debut.Here'show the cryptocurrency exchange didin its first earnings report since the company's direct listingin April:Earnings:$3.05 per shareRevenue:$1.80 billion, up from $585 million in the previous quarter.The company's net profit for the quarter was over $771 million, more than fourfold over Q4 2020's figure of $177 million and more than 24 times higher than the year-ago quarter's profit.On the earnings call, the company said that it planned to list dogecoin in the next six to eight weeks. The meme-inspired cryptocurrency was up as much as 26,000% in the last six months, before falling after Elon Musk's \"Saturday Night Live\" hosting debut, in which he called dogecoin a \"hustle.\"Coinbase's fate is tethered to the performance of digital assets like bitcoin. Roughly 94% of the company's net revenue in the first quarter came from transaction fees from trading. In an introductory note, the company noted that bitcoin prices nearly doubled during the quarter, and ether prices almost tripled.Coinbase fees, which account for the bulk sum of the company's revenue, are higher than some rivals. When asked about this, CFO Alesia Haas doubled down on the company's strategy, suggesting margins will remain high for the cryptocurrency exchange.\"We're not trying to win on fees,\" said Haas. \"We're not trying to compete on fees. We're competing on being the most trusted.\"Haas told CNBC that the company's main focus in the first quarter was reliability. \"We are dealing with unprecedented growth in demand, and our focus was making sure that our exchange stayed up.\"Monthly transacting users more than doubled from the previous quarter, from 2.8 million to 6.1 million. Coinbase's 56 million verified users, along with record-breaking price moves in the crypto market, led trading volume to more than triple from the previous quarter.In its release, Coinbase did not offer detailed revenue nor earnings guidance for either Q2 or the full year, warning that, \"As we have previously discussed, it is important for investors to remember that our business is inherently unpredictable.\" However, it offered guidance of between 5.5 million and 9.0 million monthly transacting users for the full year, depending on crypto prices, and predicted that annual average net revenue would exceed the historic mark of $35 to $45 that it's averaged for the last two years.During last month's direct listing, Coinbase opened at $381 per share and was briefly valued atas much as $100 billion, a landmark event for the cryptocurrency industry.Excluding the after-hours move, Coinbase stock has fallen about 30.4% since going public on April 14, while theNasdaqfell 5.3% over the same period.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100458735,"gmtCreate":1619643488827,"gmtModify":1634211174092,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/100458735","repostId":"1109488212","repostType":4,"repost":{"id":"1109488212","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619618312,"share":"https://www.laohu8.com/m/news/1109488212?lang=&edition=full","pubTime":"2021-04-28 21:58","market":"us","language":"en","title":"Google rose nearly 6%, and its stock price hit a record high of $2,427","url":"https://stock-news.laohu8.com/highlight/detail?id=1109488212","media":"Tiger Newspress","summary":"Google rose nearly 6%, and its stock price hit a record high of $2,427. Google's 2021 Q1 revenue and","content":"<p>Google rose nearly 6%, and its stock price hit a record high of $2,427. Google's 2021 Q1 revenue and net profit exceeded expectations, and it announced the repurchase of 50 billion US dollars of stock.</p><p><img src=\"https://static.tigerbbs.com/f1a938a5b024f585585bbe8129beb711\" tg-width=\"822\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>The tech giant displayed all-round performance in the last quarter with its flagship Google search, YouTube and Google cloud registering healthy gains in revenue as people, many stuck at home by repeated lockdowns, gorged on gaming, music, sports and entertainment.</p><p>The announcement of a $50 billion share repurchase program was also helping the bounce in shares.</p><p>The company posted a 34% gain in revenue to $55.31 billion. Operating margin, a sign of profitability, rose a huge 1100 basis points to 30%.</p><p>One basis point is one hundredth of a percentage point.</p><p>At $31.87 billion, search and other Google products like maps contributed more than half of total revenues. YouTube revenues rose 49% to $6 billion.</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>Google rose nearly 6%, and its stock price hit a record high of $2,427</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\">\nGoogle rose nearly 6%, and its stock price hit a record high of $2,427\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\">2021-04-28 21:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Google rose nearly 6%, and its stock price hit a record high of $2,427. Google's 2021 Q1 revenue and net profit exceeded expectations, and it announced the repurchase of 50 billion US dollars of stock.</p><p><img src=\"https://static.tigerbbs.com/f1a938a5b024f585585bbe8129beb711\" tg-width=\"822\" tg-height=\"833\" referrerpolicy=\"no-referrer\"></p><p>The tech giant displayed all-round performance in the last quarter with its flagship Google search, YouTube and Google cloud registering healthy gains in revenue as people, many stuck at home by repeated lockdowns, gorged on gaming, music, sports and entertainment.</p><p>The announcement of a $50 billion share repurchase program was also helping the bounce in shares.</p><p>The company posted a 34% gain in revenue to $55.31 billion. Operating margin, a sign of profitability, rose a huge 1100 basis points to 30%.</p><p>One basis point is one hundredth of a percentage point.</p><p>At $31.87 billion, search and other Google products like maps contributed more than half of total revenues. YouTube revenues rose 49% to $6 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109488212","content_text":"Google rose nearly 6%, and its stock price hit a record high of $2,427. Google's 2021 Q1 revenue and net profit exceeded expectations, and it announced the repurchase of 50 billion US dollars of stock.The tech giant displayed all-round performance in the last quarter with its flagship Google search, YouTube and Google cloud registering healthy gains in revenue as people, many stuck at home by repeated lockdowns, gorged on gaming, music, sports and entertainment.The announcement of a $50 billion share repurchase program was also helping the bounce in shares.The company posted a 34% gain in revenue to $55.31 billion. Operating margin, a sign of profitability, rose a huge 1100 basis points to 30%.One basis point is one hundredth of a percentage point.At $31.87 billion, search and other Google products like maps contributed more than half of total revenues. YouTube revenues rose 49% to $6 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":188,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346723132,"gmtCreate":1618115513626,"gmtModify":1634294825396,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Anyone tried their software and car??[龇牙]&nbsp;","listText":"Anyone tried their software and car??[龇牙]&nbsp;","text":"Anyone tried their software and car??[龇牙]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346723132","repostId":"1142324412","repostType":4,"repost":{"id":"1142324412","kind":"news","pubTimestamp":1617982207,"share":"https://www.laohu8.com/m/news/1142324412?lang=&edition=full","pubTime":"2021-04-09 23:30","market":"us","language":"en","title":"XPeng Inc.: A Reawakening","url":"https://stock-news.laohu8.com/highlight/detail?id=1142324412","media":"seekingalpha","summary":"Valuation is middling but not overvalued like in the past.Recent announcement of capacity expansion in Wuhan lends better operational and sales visibility.Company could breakeven and finally reach positive profits soon; major improvements seen in operating margins.Feared chip shortage  was not a disaster, deliveries are still strong.Government support, China's creation of an EV ecosystem.XPEV's strong deliveries describe not only excellent support from the private sector, but also the Chinese go","content":"<p><b>Summary</b></p>\n<ul>\n <li>Valuation is middling but not overvalued like in the past.</li>\n <li>Recent announcement of capacity expansion in Wuhan lends better operational and sales visibility.</li>\n <li>Company could breakeven and finally reach positive profits soon; major improvements seen in operating margins.</li>\n <li>Feared chip shortage (i.e. supply disruption) was not a disaster, deliveries are still strong.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4e0f3343d69719839f9b8f1d337c3984\" tg-width=\"1536\" tg-height=\"1024\"><span>Photo by Robert Way/iStock Editorial via Getty Images</span></p>\n<p><b>Introduction</b></p>\n<p>The stock price of&nbsp;XPEV&nbsp;has been converging with the performance of the S&amp;P 500 since March 2021, as compared to its massive outperformance in 4Q2020. This could be view positively or negatively. On the bright side, this suggests that price performance would become more predictable with lower volatility, indicative of a broadening consensus on the fundamental prospects of the company. On the other hand, traders may be disappointed its lack of momentum. Therefore, this is probably a good time to stop viewing XPEV as purely a trade, but re-analyze its merits as a fundamentally-driven investment.</p>\n<p><i>The frenetic performance of XPEV has calmed down in recent weeks, allowing its one year performance to track the S&amp;P 500 more closely</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f04001d604ecc7892ef3a76c498578b\" tg-width=\"640\" tg-height=\"236\"><span>Source: SeekingAlpha</span></p>\n<p><i>XPEV's G3 Super Long Range Smart SUV</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68446a741f9f97afc10f2149c4e13e13\" tg-width=\"640\" tg-height=\"388\"><span>Source: XPeng Motors (G3、P7) Intelligent electric car with Internet DNA</span></p>\n<p><b>Industry and commercial positives</b></p>\n<p>Optimism on EVs and&nbsp;strong industry growth&nbsp;rates are common knowledge by now. The following points suggest specific positives for XPEV that remain intact despite relatively ebbing momentum on the stock's price (as compared to 4Q2020):</p>\n<ol>\n <li><b>Deliveries met despite fears on chip shortage.</b>While the stock's price momentum appears to have ebbed, recent news continues to remain positive. At an industry level, Chinese vehicle manufacturers XPEV andNIOmanaged to manufacture the expected numbers of vehicle deliveries, despite much feared chip shortages.XPEV chalked&nbsp;in record quarterly deliveries of 13,340 EVs in Q1 2021, +487% over the year and +130% over the month in March.NIO delivered&nbsp;20,060 +423% over the year while Q1 deliveries rose 15.6% to 20,060. The challenge these EV manufacturers face now is not so much the ability to deliver on its numbers, but on being able to meet high expectations for the stock price to gain further traction.</li>\n <li><b>Government support, China's creation of an EV ecosystem.</b>XPEV's strong deliveries describe not only excellent support from the private sector, but also the Chinese government's push to develop this part of its industry. XPEV has entered into an agreement with the city of Wuhan to build a factory with a capacity of 100,000 EV units. This is a very significant piece of news, considering its deliveries of just 5,102 in March 2021. Annualizing this number, the new capacity will be more than the whole of XPEV's total historical annual production. This news is interesting and significant since it was just released this week, suggesting it may have yet to be factored into analysts' forecast numbers. This is made more important as XPEV has always been considered a laggard in production capabilities to its larger cousin NIO. General Chinese government support for the EV ecosystem is strong, and the new facility in Wuhan echoes earlier provincial government financial support ($77m) in Guangdong. The reality is, for EVs to gain traction, government willingness to support infrastructure initiatives are highly important (e.g. permits for charging stations, creating incentives to convert from old polluting vehicles to green vehicles, etc.). With China's tradition of central planning, the EV ecosystem is placed on the right footing.</li>\n <li><b>Listing in Hong Kong adds to investor base and liquidity.</b>Going forward,XPEV,NIO, and&nbsp;LI&nbsp;intend tolistin Hong Kong this year. This is a strategic move, and makes the valuation of these companies less susceptible by US political bashing (e.g. the threat of being de-listed) should it occur, since it reflects a wider geographical base. The valuations of these companies may even get a boost given greater global liquidity due to added trading in the Asian time zone.</li>\n</ol>\n<p>Of note, in late March, XPEV held an&nbsp;autonomous driving expedition&nbsp;covering eight cities in China and 3,675 kilometers. The exercise was successful, as minimal human intervention was needed during the expedition and adds another brownie point to XPEV's research and development efforts, placing XPEV on the&nbsp;competitive landscape&nbsp;against rivals such as TSLA and NIO on autonomous driving. Apparently, XPEV's autonomous driving results&nbsp;performed better&nbsp;than TSLA's with fewer human interventions per 100km and better navigation in complex situations.</p>\n<p><b>XPEV's improving financials</b></p>\n<p>Now that we have several quarters of financial data on XPEV, it is worth reviewing how its metrics have been performing. Firstly, market expectations aside, deliveries have been very good as abovementioned, and this is flowing through to revenue numbers. As shown in the below table, growth has been very strong, and revenues are expected to more than double in 2021 and continue to double in 2022. Such growth rates place XPEV at the top end of manufacturing firms, as expected of the fast-growing EV market.</p>\n<p>Another point to note is the improvement in operating margins. As with any \"new tech\" company, initial investments would cause hugely negative operating margins in the beginning. What's important is the company's ability to improve margins and reduce costs over time. In this respect, XPEV has done a good job, with operating margins improving sequentially each quarter. Of note, operating margins started to see major improvements between the Jun-2020 (-142%) and Dec-2020 (-39%) quarters as shown in the table below. Given this trend, the company is likely to breakeven and register positive profits soon, which could be a catalytic re-rating for XPEV. When we pair this analysis with the stock price, it appears that XPEV's recently soft stock price performance is not justified.</p>\n<p>Meanwhile, the balance sheet is expected to remain strong. Equity to total liabilities &amp; equity is 23% as at Dec-2020. As abovementioned, further capital raises with a forthcoming Hong Kong listing will add to XPEV's cash buffer.</p>\n<p><i>XPEV's performance improvement in both revenue and operating margin trends appear to have been ignored by the market due to recent the broad market capitulation</i></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f8258dce0cc10e8118a23afce7655bed\" tg-width=\"726\" tg-height=\"737\"><span>*EST = estimate by analysts' consensus from SeekingAlpha</span></p>\n<p><b>XPEV's valuation: somewhere in the middle</b></p>\n<p>XPEV's stock price has done well over the last 6 months versus peers. On a TTM P/S, XPEV is near the middle although its FWD P/S is trading at a premium. However, there could be a general re-rating of the P/S of the sector if the Chinese EV manufacturers reach breakeven in 2021 and record positive profits (our base case belief, given the prevailing trend in XPEV's improving operating margins). This will then allow better price discovery when the companies can then be valued on their P/E ratios.</p>\n<img src=\"https://static.tigerbbs.com/fa975ce545e950a20f809bcc7f698ef6\" tg-width=\"911\" tg-height=\"594\">\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p><b>Conclusion and Risks</b></p>\n<p>XPEV's stock price may benefit from two key catalysts: (1) expansion of manufacturing facility in Wuhan, which will concretely raise visibility of revenue growth which is expected to double; (2) a valuation regime change as it progresses from a loss making company to a profitable one, expected by this year. Furthermore, it is worth noting that the valuation is not lofty as compared to price levels in 4Q2020, having fallen over the last couple of months.</p>\n<p>Competition may exist and remain intense, but given the large size of China's market and that there are only a couple of notable players (i.e. NIO, LI), the market remains largely an oligopoly which allows XPEV to retain pricing power.</p>\n<p>Much feared risks of execution in the past appear to have materialized but not in a big way, i.e. the previously expected chip shortage. Given the progression to a post-COVID economy, supply chain links should improve and reduce similar risks in the future.</p>\n<p>On a standalone basis, XPEV's prospects appear bright, and now the key hurdle is whether the NASDAQ will find momentum and exceed previous highs. The base case for this should lean towards the positive as the market is merely in the first year of the economic recovery after the pandemic. Recent price consolidation appears to have created a technical setup for a reawakening of price momentum as consumer activity revives post-pandemic.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>XPeng Inc.: A Reawakening</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\">\nXPeng Inc.: A Reawakening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4418326-xpeng-inc-reawakening><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nValuation is middling but not overvalued like in the past.\nRecent announcement of capacity expansion in Wuhan lends better operational and sales visibility.\nCompany could breakeven and ...</p>\n\n<a href=\"https://seekingalpha.com/article/4418326-xpeng-inc-reawakening\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车"},"source_url":"https://seekingalpha.com/article/4418326-xpeng-inc-reawakening","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1142324412","content_text":"Summary\n\nValuation is middling but not overvalued like in the past.\nRecent announcement of capacity expansion in Wuhan lends better operational and sales visibility.\nCompany could breakeven and finally reach positive profits soon; major improvements seen in operating margins.\nFeared chip shortage (i.e. supply disruption) was not a disaster, deliveries are still strong.\n\nPhoto by Robert Way/iStock Editorial via Getty Images\nIntroduction\nThe stock price of XPEV has been converging with the performance of the S&P 500 since March 2021, as compared to its massive outperformance in 4Q2020. This could be view positively or negatively. On the bright side, this suggests that price performance would become more predictable with lower volatility, indicative of a broadening consensus on the fundamental prospects of the company. On the other hand, traders may be disappointed its lack of momentum. Therefore, this is probably a good time to stop viewing XPEV as purely a trade, but re-analyze its merits as a fundamentally-driven investment.\nThe frenetic performance of XPEV has calmed down in recent weeks, allowing its one year performance to track the S&P 500 more closely\nSource: SeekingAlpha\nXPEV's G3 Super Long Range Smart SUV\nSource: XPeng Motors (G3、P7) Intelligent electric car with Internet DNA\nIndustry and commercial positives\nOptimism on EVs and strong industry growth rates are common knowledge by now. The following points suggest specific positives for XPEV that remain intact despite relatively ebbing momentum on the stock's price (as compared to 4Q2020):\n\nDeliveries met despite fears on chip shortage.While the stock's price momentum appears to have ebbed, recent news continues to remain positive. At an industry level, Chinese vehicle manufacturers XPEV andNIOmanaged to manufacture the expected numbers of vehicle deliveries, despite much feared chip shortages.XPEV chalked in record quarterly deliveries of 13,340 EVs in Q1 2021, +487% over the year and +130% over the month in March.NIO delivered 20,060 +423% over the year while Q1 deliveries rose 15.6% to 20,060. The challenge these EV manufacturers face now is not so much the ability to deliver on its numbers, but on being able to meet high expectations for the stock price to gain further traction.\nGovernment support, China's creation of an EV ecosystem.XPEV's strong deliveries describe not only excellent support from the private sector, but also the Chinese government's push to develop this part of its industry. XPEV has entered into an agreement with the city of Wuhan to build a factory with a capacity of 100,000 EV units. This is a very significant piece of news, considering its deliveries of just 5,102 in March 2021. Annualizing this number, the new capacity will be more than the whole of XPEV's total historical annual production. This news is interesting and significant since it was just released this week, suggesting it may have yet to be factored into analysts' forecast numbers. This is made more important as XPEV has always been considered a laggard in production capabilities to its larger cousin NIO. General Chinese government support for the EV ecosystem is strong, and the new facility in Wuhan echoes earlier provincial government financial support ($77m) in Guangdong. The reality is, for EVs to gain traction, government willingness to support infrastructure initiatives are highly important (e.g. permits for charging stations, creating incentives to convert from old polluting vehicles to green vehicles, etc.). With China's tradition of central planning, the EV ecosystem is placed on the right footing.\nListing in Hong Kong adds to investor base and liquidity.Going forward,XPEV,NIO, and LI intend tolistin Hong Kong this year. This is a strategic move, and makes the valuation of these companies less susceptible by US political bashing (e.g. the threat of being de-listed) should it occur, since it reflects a wider geographical base. The valuations of these companies may even get a boost given greater global liquidity due to added trading in the Asian time zone.\n\nOf note, in late March, XPEV held an autonomous driving expedition covering eight cities in China and 3,675 kilometers. The exercise was successful, as minimal human intervention was needed during the expedition and adds another brownie point to XPEV's research and development efforts, placing XPEV on the competitive landscape against rivals such as TSLA and NIO on autonomous driving. Apparently, XPEV's autonomous driving results performed better than TSLA's with fewer human interventions per 100km and better navigation in complex situations.\nXPEV's improving financials\nNow that we have several quarters of financial data on XPEV, it is worth reviewing how its metrics have been performing. Firstly, market expectations aside, deliveries have been very good as abovementioned, and this is flowing through to revenue numbers. As shown in the below table, growth has been very strong, and revenues are expected to more than double in 2021 and continue to double in 2022. Such growth rates place XPEV at the top end of manufacturing firms, as expected of the fast-growing EV market.\nAnother point to note is the improvement in operating margins. As with any \"new tech\" company, initial investments would cause hugely negative operating margins in the beginning. What's important is the company's ability to improve margins and reduce costs over time. In this respect, XPEV has done a good job, with operating margins improving sequentially each quarter. Of note, operating margins started to see major improvements between the Jun-2020 (-142%) and Dec-2020 (-39%) quarters as shown in the table below. Given this trend, the company is likely to breakeven and register positive profits soon, which could be a catalytic re-rating for XPEV. When we pair this analysis with the stock price, it appears that XPEV's recently soft stock price performance is not justified.\nMeanwhile, the balance sheet is expected to remain strong. Equity to total liabilities & equity is 23% as at Dec-2020. As abovementioned, further capital raises with a forthcoming Hong Kong listing will add to XPEV's cash buffer.\nXPEV's performance improvement in both revenue and operating margin trends appear to have been ignored by the market due to recent the broad market capitulation\n*EST = estimate by analysts' consensus from SeekingAlpha\nXPEV's valuation: somewhere in the middle\nXPEV's stock price has done well over the last 6 months versus peers. On a TTM P/S, XPEV is near the middle although its FWD P/S is trading at a premium. However, there could be a general re-rating of the P/S of the sector if the Chinese EV manufacturers reach breakeven in 2021 and record positive profits (our base case belief, given the prevailing trend in XPEV's improving operating margins). This will then allow better price discovery when the companies can then be valued on their P/E ratios.\n\n\n\n\n\n\nConclusion and Risks\nXPEV's stock price may benefit from two key catalysts: (1) expansion of manufacturing facility in Wuhan, which will concretely raise visibility of revenue growth which is expected to double; (2) a valuation regime change as it progresses from a loss making company to a profitable one, expected by this year. Furthermore, it is worth noting that the valuation is not lofty as compared to price levels in 4Q2020, having fallen over the last couple of months.\nCompetition may exist and remain intense, but given the large size of China's market and that there are only a couple of notable players (i.e. NIO, LI), the market remains largely an oligopoly which allows XPEV to retain pricing power.\nMuch feared risks of execution in the past appear to have materialized but not in a big way, i.e. the previously expected chip shortage. Given the progression to a post-COVID economy, supply chain links should improve and reduce similar risks in the future.\nOn a standalone basis, XPEV's prospects appear bright, and now the key hurdle is whether the NASDAQ will find momentum and exceed previous highs. The base case for this should lean towards the positive as the market is merely in the first year of the economic recovery after the pandemic. Recent price consolidation appears to have created a technical setup for a reawakening of price momentum as consumer activity revives post-pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1200,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":805097606,"gmtCreate":1627819615005,"gmtModify":1633756144229,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a><a href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a>看不到财政报报告","listText":"<a href=\"https://laohu8.com/S/PFE\">$Pfizer(PFE)$</a><a href=\"https://laohu8.com/U/20722186463466\">@爱发红包的虎妞</a>看不到财政报报告","text":"$Pfizer(PFE)$@爱发红包的虎妞看不到财政报报告","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/805097606","isVote":1,"tweetType":1,"viewCount":1415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":800649063,"gmtCreate":1627300979052,"gmtModify":1633766387431,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/800649063","repostId":"1193811590","repostType":4,"repost":{"id":"1193811590","kind":"news","pubTimestamp":1627298505,"share":"https://www.laohu8.com/m/news/1193811590?lang=&edition=full","pubTime":"2021-07-26 19:21","market":"us","language":"en","title":"GameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It","url":"https://stock-news.laohu8.com/highlight/detail?id=1193811590","media":"seekingalpha","summary":"Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion ","content":"<p><b>Summary</b></p>\n<ul>\n <li>GameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.</li>\n <li>The influx of cash and involvement of activist investors has revived some hope in the fundamental case for this stock.</li>\n <li>But GameStop's eventual demise has only been delayed. Physical media is declining, disc-less consoles are inevitable, and the company has failed to diversify into any growing industry.</li>\n <li>Unless you expect another short squeeze, stay away. Anyone expecting GameStop shares to be much higher 2+ years from now is hoping for a miracle.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/53ef42c790928444bac7fd163c42e706\" tg-width=\"768\" tg-height=\"477\" width=\"100%\" height=\"auto\"><span>Brandi Lyon Photography/iStock Editorial via Getty Images</span></p>\n<p><b>GME Mania</b></p>\n<p>The short squeeze that sent GameStop (GME) from $20 to a high of $480 in January has been impressively long-lived. After a dip down to the $50 range, it has stayed above $100 for nearly 5 months. GameStop has taken advantage by raising $1.5B in cash so far.</p>\n<p>That's more than their entire market cap at the beginning of the year, so it's true that their position has improved dramatically. They repaid most of their long-term debt and the charts below don't even reflect the most recent&nbsp;$1.1 billion&nbsp;they raised.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2494b2f5466e9ef18884e8a5cf42531b\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Their immediate future has been secured, but the long-term outlook hasn't changed. Unless you expect another short squeeze, there's no reason to think GME can go higher on fundamental value. The ~$2B they have in cash doesn't come close to their $13 billion dollar market cap. To make up that gap you would need to believe their business is worth billions, but it's currently in demise.</p>\n<p><b>The Business</b></p>\n<p>GameStop's&nbsp;core business&nbsp;is video game hardware and software (mostly physical discs) and the remaining 11% of revenue comes from collectibles.</p>\n<p>Physical videogame discs have been&nbsp;in decline&nbsp;for the same reason as DVD movies - direct digital downloads are replacing them. At the&nbsp;start&nbsp;of the PS4/Xbox One generation in 2013, about 10% of console sales were digital. By 2017 it was 50/50, 63% digital by 2019, and 72% during 2020 (probably boosted by the pandemic).</p>\n<p>The trend in their revenue seems to track the decline in physical games. You can also see performance deteriorating before the pandemic ever closed stores. You could blame that performance on the seasonality of the console cycle (4th gen launched in 2013 and 5th in 2020), but revenue still fell below the previous late-stage console cycle even though gross margins shrunk.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57826163b427cb331296fa83656d0ab5\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p><b>Not Exactly Like Blockbuster</b></p>\n<p>The trend in physical games is the biggest factor in GameStop's future, so it's worth analyzing the incentives of both consumers and console makers to switch to digital. Both Sony's (SONY) PlayStation and Microsoft's (MSFT) Xbox have released disc-less versions of their consoles for the first time in the newest generation. They are $100 cheaper than the standard version and potentially open the door to a future where all consoles drop the disc drive.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6f2de24c967d3874247ed82241f996ba\" tg-width=\"640\" tg-height=\"305\" width=\"100%\" height=\"auto\"><span>Source: PlayStation.com</span></p>\n<p>First, we should consider the benefits to consumers. The rate they've been switching to digital might already show their preference, but physical games still have advantages. Unlike a download, you can re-sell or give discs to another person. For used games, GameStop offers returns so that you can try a game and return it within 7 days if you don't like it. PlayStation and Xbox generally don't allowreturnsfor their digital stores unless there is a purchasing error. The last benefit is that discs store data which saves some space on the hard drive of the console.</p>\n<p>The case for digital games is similar to streaming vs. DVDs. Avoid the store and download games straight from your console. Although download times could negate that benefit, there are new improvements that allow players to access a portion of a game as the rest downloads or pre-download a game the night before it releases. You also don't have to worry about storing and switching out physical discs, and can log into your account to access your games from a different console.</p>\n<p><b>Console Makers</b></p>\n<p>Console developers are more directly incentivized than consumers to push digital downloads. They can sell games to consumers through the digital store on their console, which cuts out retailers like GameStop. They could keep more profit or offer better discounts to gamers. There's also the consideration that a console that costs $100 less is more competitive with alternatives like a PC or Nintendo Switch.</p>\n<p>A significant but overlooked threat to physical games is the affordable game subscription services that both PlayStation and Xbox offer. The biggest advantage of used games is that they can be sold beyond the first consumer and so you can find plenty of affordable, slightly older used games and make money back from them when you're done. But I'd suggest services like the $15/month&nbsp;Xbox Game Pass&nbsp;that charge for access to a library of hundreds of games can address value-oriented customers even better than used games.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4bcff87c4810c6ece2b99d70a7dd05ba\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"><span>Microsoft.com</span></p>\n<p>Gamers don't need to worry about affordable used games if developers are providing affordable access to their back catalog. It makes sense for the developer because they don't make money from used game sales anyway. By letting gamers play an older title they may be persuaded to purchase the newest sequel or paid DLC.</p>\n<p>Another argument for the disc drive is backward compatibility with previous consoles. This point falls completely flat because the new generation of consoles is digitallybackward compatible, allowing users to transfer titles they purchased from the now old generation onto the new console.</p>\n<p>An additional contention is that disc drives will stay because they can also be used as Blu-ray players. The truth is that DVD/Blu-Rays are much less relevant than physical games. DVD/Blu-raysaleshave dropped from $10 Billion in 2010 to less than $3B the past four quarters starting from Q2 2020.</p>\n<p>On top of that, the $100 discount for buying a digital console is more than enough to buy a stand-alone Blu-ray player, so that audience can go elsewhere and isn't incentivized to buy a game console if they didn't want one already. Another way to put it is that losing Blu-ray capability shouldn't affect demand for consoles.</p>\n<p>The biggest reason neither company has given up the disc drive yet, and might not next generation, is that they are worried about the competition taking over retail distribution channels. 72% of console software sales were digital in 2020 and that should only grow over time, but even the remaining 28% is still meaningful. If only one of them gave up the disc drive, the competitors could keep it and be the only ones selling in GameStop and other retailers. So it's possible that both consoles will keep disc drives until physical discs are a truly tiny portion of the market.</p>\n<p><b>Uncertain Future</b></p>\n<p>The problem for GameStop is that even if the console makers don't try to cut out discs in a new generation, the market is shrinking and has been for over a decade. GameStop isn't alone in their market either, since you can buy the same products (except used games) at Walmart, Target, Best Buy, Amazon, or even used games on eBay and other sites.</p>\n<p>With so many competitors, GameStop tries to differentiate itself by offering better service and having knowledgeable staff. But their own activist investorRyan Cohendiscovered stores had dusty shelves, poor customer service, and empty racks. From how it sounds, GameStop will have to spend money just to bring their retail experience up to par. It is going to be hard to stand out when so many excellent retailers sell the same product at the same price.</p>\n<p>Even thethirdof sales that were from E-commerce in 2020 have to compete with Amazon and every other e-commerce platform.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0dfc710890a2903c5e849489bb962a26\" tg-width=\"640\" tg-height=\"301\" width=\"100%\" height=\"auto\"><span>GameStop.com</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/edd6b6ac51b05627bb8d471a954b385c\" tg-width=\"640\" tg-height=\"260\" width=\"100%\" height=\"auto\"><span>Amazon.com</span></p>\n<p>You can find the exact same games on Amazon.com or Walmart.com and those two actually have 1-day and 2-day shipping compared to GameStop's 2-5 day shipping. Online sales might even have less of a moat than retail because the buying experience is so comparable and GameStop will never have the distribution and marketing scale that Amazon does.</p>\n<p>A lot is made of what GameStop's retail store base could<i>become</i>since they are the largest retail brand exclusively dedicated to video games and still have over 4,000 stores. The problem is that GameStop had years to make attempts since they startedclosing storesin 2014 and the then CEO said they would expand to \"gaming-adjacent tech fields”. Over these years they've attempted sellingretro/classicvideo games,failed to launcha game subscription service, and made many promises to change the business. In 2019, now departing CEO George Sherman said his GameStop 2.0 plan would turn stores into a \"cultural experience\" and a place to “hang out and try games before buying\". Ryan Cohen's report of the poor retail experience and a continuing decline in sales shows that none of their attempts have worked so far. If there was a way to transform their stores to compete as video games go digital, you would have expected one of their CEOs to have found it over the past decade.</p>\n<p><b>Valuation</b></p>\n<p>A long shot for success like GameStop would have investment potential at a deep value price, but that obviously isn't the case at $180/share. They have an enterprise value of $11B but haven't had significant FCF or EBITDA since 2018 and their market will keep shrinking over time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/141ee00d085dd23d918a860df10739d4\" tg-width=\"635\" tg-height=\"478\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>GameStop trades at double the valuation of most comparable stocks.</p>\n<p>Best Buy (BBY) has been growing for years and is solidly profitable but trades at an EV/Sales of 0.5 compared to GameStop at 2.1. Target (TGT) and other leaders in retail trade at an EV/Sales below 1.5 and clearly don't have the existential threat to their business that GameStop does.</p>\n<p>GameStop would need a massive turnaround in profitability to ever justify this valuation. With their core market shrinking fast and every attempt to diversify having failed so far, it seems like the stock is massively overvalued and the business could be worth next to nothing if they can't turn a profit.</p>\n<p><b>GME Still Isn't A Short</b></p>\n<p>Even though the stock is convincingly overvalued, it's doesn't seem like a compelling short. There's no reason why GameStop should be valued above $100 per share based on the condition of their business, but that hasn't stopped it from staying above that range for months after the initial squeeze. Without a clear catalyst or idea as to what will eventually bring shares back in line with the reality of their business, which could take years, I'm going to stay away from a short position.</p>\n<p>If GameStop deftly times more share offerings when prices are high, they could bring in additional billions of cash. The share price has held up since the $1 billionATM offeringin June, so they might be able to take it even further. At $180/share, each $1B of shares sold brings in about $14 in cash per share on top of the roughly ~$27/share they have now.</p>\n<p>At some point, enough share offerings could tank the share price, but anyone who is short the stock risks taking a ride if it spikes back to the highs of $400+ or above in the meantime.</p>\n<p>Even if GME shares don't see those highs again, they could stay around the current level for a while. For reasons outlined in my article aboutRobinhood, gamblers are increasingly coming to the stock market. GME is still the most notorious meme stock, and pure speculative interest could keep shares in this range for an untold amount of time. A patient and careful short-seller might be able to manage a position for a decent return, but the uncertainty and volatility should encourage most investors to stay away from a position on either side.</p>\n<p><b>Conclusion</b></p>\n<p>The meme of GME stock is going to run into the reality of GameStop's deteriorating business and overvaluation at some point. The several billion dollars from share offerings will pay their debts and keep them in business short-term, but it will be near impossible to justify the current $13 billion valuation. Competition on all fronts and a lack of any differentiation in a declining market will prevent them from making substantial returns on their capital. The business will eventually be priced as the existentially threatened and hardly profitable retail company that it is.</p>\n<p>If you disagree, feel free to share your thoughts below.</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>GameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It</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\">\nGameStop Is Likely An Eventual Zero - But You Still Shouldn't Short It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-26 19:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.\nThe influx of cash and involvement of activist investors has revived some hope in...</p>\n\n<a href=\"https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://seekingalpha.com/article/4441316-gamestop-is-likely-an-eventual-zero-but-you-still-shouldnt-short-it","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193811590","content_text":"Summary\n\nGameStop has taken advantage of its infamous short squeeze to raise more than $1.5 billion by issuing shares.\nThe influx of cash and involvement of activist investors has revived some hope in the fundamental case for this stock.\nBut GameStop's eventual demise has only been delayed. Physical media is declining, disc-less consoles are inevitable, and the company has failed to diversify into any growing industry.\nUnless you expect another short squeeze, stay away. Anyone expecting GameStop shares to be much higher 2+ years from now is hoping for a miracle.\n\nBrandi Lyon Photography/iStock Editorial via Getty Images\nGME Mania\nThe short squeeze that sent GameStop (GME) from $20 to a high of $480 in January has been impressively long-lived. After a dip down to the $50 range, it has stayed above $100 for nearly 5 months. GameStop has taken advantage by raising $1.5B in cash so far.\nThat's more than their entire market cap at the beginning of the year, so it's true that their position has improved dramatically. They repaid most of their long-term debt and the charts below don't even reflect the most recent $1.1 billion they raised.\nData by YCharts\nTheir immediate future has been secured, but the long-term outlook hasn't changed. Unless you expect another short squeeze, there's no reason to think GME can go higher on fundamental value. The ~$2B they have in cash doesn't come close to their $13 billion dollar market cap. To make up that gap you would need to believe their business is worth billions, but it's currently in demise.\nThe Business\nGameStop's core business is video game hardware and software (mostly physical discs) and the remaining 11% of revenue comes from collectibles.\nPhysical videogame discs have been in decline for the same reason as DVD movies - direct digital downloads are replacing them. At the start of the PS4/Xbox One generation in 2013, about 10% of console sales were digital. By 2017 it was 50/50, 63% digital by 2019, and 72% during 2020 (probably boosted by the pandemic).\nThe trend in their revenue seems to track the decline in physical games. You can also see performance deteriorating before the pandemic ever closed stores. You could blame that performance on the seasonality of the console cycle (4th gen launched in 2013 and 5th in 2020), but revenue still fell below the previous late-stage console cycle even though gross margins shrunk.\nData by YCharts\nNot Exactly Like Blockbuster\nThe trend in physical games is the biggest factor in GameStop's future, so it's worth analyzing the incentives of both consumers and console makers to switch to digital. Both Sony's (SONY) PlayStation and Microsoft's (MSFT) Xbox have released disc-less versions of their consoles for the first time in the newest generation. They are $100 cheaper than the standard version and potentially open the door to a future where all consoles drop the disc drive.\nSource: PlayStation.com\nFirst, we should consider the benefits to consumers. The rate they've been switching to digital might already show their preference, but physical games still have advantages. Unlike a download, you can re-sell or give discs to another person. For used games, GameStop offers returns so that you can try a game and return it within 7 days if you don't like it. PlayStation and Xbox generally don't allowreturnsfor their digital stores unless there is a purchasing error. The last benefit is that discs store data which saves some space on the hard drive of the console.\nThe case for digital games is similar to streaming vs. DVDs. Avoid the store and download games straight from your console. Although download times could negate that benefit, there are new improvements that allow players to access a portion of a game as the rest downloads or pre-download a game the night before it releases. You also don't have to worry about storing and switching out physical discs, and can log into your account to access your games from a different console.\nConsole Makers\nConsole developers are more directly incentivized than consumers to push digital downloads. They can sell games to consumers through the digital store on their console, which cuts out retailers like GameStop. They could keep more profit or offer better discounts to gamers. There's also the consideration that a console that costs $100 less is more competitive with alternatives like a PC or Nintendo Switch.\nA significant but overlooked threat to physical games is the affordable game subscription services that both PlayStation and Xbox offer. The biggest advantage of used games is that they can be sold beyond the first consumer and so you can find plenty of affordable, slightly older used games and make money back from them when you're done. But I'd suggest services like the $15/month Xbox Game Pass that charge for access to a library of hundreds of games can address value-oriented customers even better than used games.\nMicrosoft.com\nGamers don't need to worry about affordable used games if developers are providing affordable access to their back catalog. It makes sense for the developer because they don't make money from used game sales anyway. By letting gamers play an older title they may be persuaded to purchase the newest sequel or paid DLC.\nAnother argument for the disc drive is backward compatibility with previous consoles. This point falls completely flat because the new generation of consoles is digitallybackward compatible, allowing users to transfer titles they purchased from the now old generation onto the new console.\nAn additional contention is that disc drives will stay because they can also be used as Blu-ray players. The truth is that DVD/Blu-Rays are much less relevant than physical games. DVD/Blu-raysaleshave dropped from $10 Billion in 2010 to less than $3B the past four quarters starting from Q2 2020.\nOn top of that, the $100 discount for buying a digital console is more than enough to buy a stand-alone Blu-ray player, so that audience can go elsewhere and isn't incentivized to buy a game console if they didn't want one already. Another way to put it is that losing Blu-ray capability shouldn't affect demand for consoles.\nThe biggest reason neither company has given up the disc drive yet, and might not next generation, is that they are worried about the competition taking over retail distribution channels. 72% of console software sales were digital in 2020 and that should only grow over time, but even the remaining 28% is still meaningful. If only one of them gave up the disc drive, the competitors could keep it and be the only ones selling in GameStop and other retailers. So it's possible that both consoles will keep disc drives until physical discs are a truly tiny portion of the market.\nUncertain Future\nThe problem for GameStop is that even if the console makers don't try to cut out discs in a new generation, the market is shrinking and has been for over a decade. GameStop isn't alone in their market either, since you can buy the same products (except used games) at Walmart, Target, Best Buy, Amazon, or even used games on eBay and other sites.\nWith so many competitors, GameStop tries to differentiate itself by offering better service and having knowledgeable staff. But their own activist investorRyan Cohendiscovered stores had dusty shelves, poor customer service, and empty racks. From how it sounds, GameStop will have to spend money just to bring their retail experience up to par. It is going to be hard to stand out when so many excellent retailers sell the same product at the same price.\nEven thethirdof sales that were from E-commerce in 2020 have to compete with Amazon and every other e-commerce platform.\nGameStop.com\nAmazon.com\nYou can find the exact same games on Amazon.com or Walmart.com and those two actually have 1-day and 2-day shipping compared to GameStop's 2-5 day shipping. Online sales might even have less of a moat than retail because the buying experience is so comparable and GameStop will never have the distribution and marketing scale that Amazon does.\nA lot is made of what GameStop's retail store base couldbecomesince they are the largest retail brand exclusively dedicated to video games and still have over 4,000 stores. The problem is that GameStop had years to make attempts since they startedclosing storesin 2014 and the then CEO said they would expand to \"gaming-adjacent tech fields”. Over these years they've attempted sellingretro/classicvideo games,failed to launcha game subscription service, and made many promises to change the business. In 2019, now departing CEO George Sherman said his GameStop 2.0 plan would turn stores into a \"cultural experience\" and a place to “hang out and try games before buying\". Ryan Cohen's report of the poor retail experience and a continuing decline in sales shows that none of their attempts have worked so far. If there was a way to transform their stores to compete as video games go digital, you would have expected one of their CEOs to have found it over the past decade.\nValuation\nA long shot for success like GameStop would have investment potential at a deep value price, but that obviously isn't the case at $180/share. They have an enterprise value of $11B but haven't had significant FCF or EBITDA since 2018 and their market will keep shrinking over time.\nData by YCharts\nGameStop trades at double the valuation of most comparable stocks.\nBest Buy (BBY) has been growing for years and is solidly profitable but trades at an EV/Sales of 0.5 compared to GameStop at 2.1. Target (TGT) and other leaders in retail trade at an EV/Sales below 1.5 and clearly don't have the existential threat to their business that GameStop does.\nGameStop would need a massive turnaround in profitability to ever justify this valuation. With their core market shrinking fast and every attempt to diversify having failed so far, it seems like the stock is massively overvalued and the business could be worth next to nothing if they can't turn a profit.\nGME Still Isn't A Short\nEven though the stock is convincingly overvalued, it's doesn't seem like a compelling short. There's no reason why GameStop should be valued above $100 per share based on the condition of their business, but that hasn't stopped it from staying above that range for months after the initial squeeze. Without a clear catalyst or idea as to what will eventually bring shares back in line with the reality of their business, which could take years, I'm going to stay away from a short position.\nIf GameStop deftly times more share offerings when prices are high, they could bring in additional billions of cash. The share price has held up since the $1 billionATM offeringin June, so they might be able to take it even further. At $180/share, each $1B of shares sold brings in about $14 in cash per share on top of the roughly ~$27/share they have now.\nAt some point, enough share offerings could tank the share price, but anyone who is short the stock risks taking a ride if it spikes back to the highs of $400+ or above in the meantime.\nEven if GME shares don't see those highs again, they could stay around the current level for a while. For reasons outlined in my article aboutRobinhood, gamblers are increasingly coming to the stock market. GME is still the most notorious meme stock, and pure speculative interest could keep shares in this range for an untold amount of time. A patient and careful short-seller might be able to manage a position for a decent return, but the uncertainty and volatility should encourage most investors to stay away from a position on either side.\nConclusion\nThe meme of GME stock is going to run into the reality of GameStop's deteriorating business and overvaluation at some point. The several billion dollars from share offerings will pay their debts and keep them in business short-term, but it will be near impossible to justify the current $13 billion valuation. Competition on all fronts and a lack of any differentiation in a declining market will prevent them from making substantial returns on their capital. The business will eventually be priced as the existentially threatened and hardly profitable retail company that it is.\nIf you disagree, feel free to share your thoughts below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141209192,"gmtCreate":1625872941116,"gmtModify":1633936610533,"author":{"id":"3562130752693399","authorId":"3562130752693399","name":"takleee","avatar":"https://static.tigerbbs.com/14f28ca9ee99ff6f70d96d4f0056a4bc","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562130752693399","idStr":"3562130752693399"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/141209192","repostId":"1191131157","repostType":2,"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}