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2021-10-21

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Tesla Shares Shrug As Musk-Less Call Offers Dry Details On Expansion, Insurance, Full Self Driving

2021-10-02

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Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio

2021-10-03

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Here is Top 20 S&P 500 winners in the third-quarter

2021-09-30

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2021 Global Market Outlook - Q4 Update: Growing Pains

2021-09-29

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2021-10-05

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Lululemon's board OKs $500 million share buyback program increase

2021-10-01

Great to hear that a new drug can cure covid! Pls like n comments

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2021-10-08

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Why Is Everyone Talking About Palantir Stock?

2021-10-20

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"People Are Hoarding" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist

2021-10-07

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2021-09-28

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2021-09-25

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Dow Jones, S&P 500 end with gains up after bumpy week, but Nike drags

2021-09-24

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Friday's Market Minute: Takeaways From Another Volatile Earnings Season

2021-10-12

Wow

MGM Resorts surged more than 7% in morning trading

2021-09-27

Can trust or not?

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2021-09-26

Sell AMC?

This Announcement from Disney's CEO Is Bad News for AMC

2021-10-23

May be overpriced! Time to encash especially if you bought at previous high price…..

Tesla Stock Closed Above $900 for First Time. What Could Come Next.

2021-10-26

Nice

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2021-12-02

$CHINA TOWER(00788)$Why drop so much?

2021-12-02

$CHINA TOWER(00788)$What happen today drop so much?

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href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>Why drop so much?","listText":"<a href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>Why drop so much?","text":"$CHINA TOWER(00788)$Why drop so much?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603519468","isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603519137,"gmtCreate":1638425214044,"gmtModify":1638425503849,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>What happen today drop so much?","listText":"<a href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>What happen today drop so much?","text":"$CHINA TOWER(00788)$What happen today drop so much?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603519137","isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852162414,"gmtCreate":1635254077955,"gmtModify":1635254216143,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852162414","repostId":"1107955725","repostType":2,"repost":{"id":"1107955725","pubTimestamp":1635142717,"share":"https://www.laohu8.com/m/news/1107955725?lang=&edition=full","pubTime":"2021-10-25 14:18","market":"us","language":"en","title":"Top highlights from Xpeng’s 2021 Tech Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1107955725","media":"TechCrunch","summary":"Chinese smart electric vehicle startup Xpeng has announced a series of innovations that it says will","content":"<p>Chinese smart electric vehicle startup Xpeng has announced a series of innovations that it says will help it craft&nbsp; the mobility ecosystem of the future.</p>\n<p>“Our exploration of more efficient, safer, carbon-neutral mobility solutions goes far beyond just smart EVs, and is the cornerstone of our long-term competitive advantages,” said He Xiaopeng, chairman and CEO of XPeng, at the startup’s 2021 Tech Day in Beijing on Sunday. “We strive to implement cutting-edge mobility technologies in mass-production models for the benefit of our customers.”</p>\n<p>Xiaopeng went into detail on the company’s latest versions of its&nbsp;advanced driver assistance system(ADAS),its supercharger network, a next-generation flying car&nbsp;built with HT Aero&nbsp;and its&nbsp;robotic unicorn for kids.</p>\n<p><b>Xpilot 3.5 will be designed for city driving</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aee41a955c499c77869b2db8159ed345\" tg-width=\"1536\" tg-height=\"1152\" width=\"100%\" height=\"auto\"><span>XPILOT 3.5 and City NGP</span></p>\n<p>Xpeng is planning to roll out the next generation of its ADAS, called Xpilot, to drivers in select cities during the first half of 2022. Xpilot 3.5 will feature “City Navigation Guided Pilot (NGP)” and will only be available to drivers of Xpeng’s P5 family sedan, which can be built with lidar, millimeter-wave radar and a 3D visual perception network that can recognize, classify and position multiple targets – all of which is essential for city-level NGP.</p>\n<p>The last Xpilot version, 3.0, which was available to drivers of Xpeng’s P7 sedan, handled highway-level NGP, through which Xpeng was able to gather nearly 12 million kilometers, or 7.5 million miles, of data.</p>\n<p>Xpilot 3.5 will have a strategic planning module with advanced prediction capabilities that uses a combination of rule-driven and data-driven AI to handle city scenarios, like avoiding static objects and vulnerable road users, as well as lane changing at any speed, according to Xpeng.</p>\n<p>Xpeng’s approach to reaching full autonomy is similar to Tesla’s, in that it aims to go through Level 2 autonomy, or ADAS systems, on its way to reaching Level 5. (SAE International&nbsp;describes Level 2 autonomy as a system that mainly has support features, like adaptive cruise control and brake support. It describes Level 5 autonomy a system that can drive anywhere under all conditions.) Last month,Tesla released a software update&nbsp;that allows customers to request access to its Full Self-Driving Beta (FSD Beta) software. FSD includes capabilities like automatic lane change, moving into and out of parking spots and autosteering, which is currently not yet available for city streets. Tesla has given no date as to when it will bring this capability to cities, but it will be poweredusingonly vision and neural network processing.</p>\n<p>“Human-machine co-pilot functions will remain critical for the foreseeable future,” said XinZhou Wu, VP of autonomous driving at Xpeng, during the event. “Ourmission is to progressively transition from advanced driver assistance to full autonomous driving, with a clear roadmap to first completely connect all driving scenarios. Our closed-loop data operation, software iteration and mass production capability – all created in-house – put us in pole position to significantly improve safety and resolve the industry’s long-tail issues.”</p>\n<p>Just as Tesla charges for its FSD software, so does Xpeng for its Xpilot. Xpeng didn’t say how much version 3.5 would cost, but version 3.0 currently costs about $3,200 (RMB 20,000), which can be purchased outright or paid for via annual subscription, an Xpeng spokesperson told TechCrunch.</p>\n<p><b>Xpilot 4.0 to provide full-scenario point-to-point ADAS</b></p>\n<p>Xpeng’s Xpilot 4.0, which is planned for a roll out in the first half of 2023, would give the startup an edge on its race to full autonomy. The plan is to be the first to deliver full-scenario assisted smart driving experiences, from turning the vehicle on to parking it and everything in between.</p>\n<p>This version of Xpilot will require a lot of compute power, so Xpeng is building a hardware upgrade for version 4.0, “with 508 TOPS ECU compute power supported by two Orin-X autonomous driving System-on-the-Chip (SOC) units,8-million-pixel front-view binocular camera and 2.9-million-pixel side-view cameras (covering front, rear, left and right view), and a highly integrated and expandable domain controller,” the company said in a statement.</p>\n<p>A spokesperson for Xpeng told TechCrunch Xpilot 4.0 will not go into any of the automaker’s existing vehicles, but rather will end up in an as yet unannounced vehicle. It’s likely that this new model will be an SUV, says the spokesperson, but Xpeng hasn’t released any information about it so far.</p>\n<p>By the end of next year, as Xpeng prepares to bring Xpilot 4.0 to market, the automaker aims to have 75 million miles of highway NGP driven and 22 million miles of city NGP driven, as well as a 90% penetration rate of its memory parking function, Valet Parking Assist (VPA).</p>\n<p>Xpeng also stressed the importance of safety when churning out all of this ADAS, and smart driving is only one aspect of that. The startup announced an upgrade to its user interface and operating system. The Xmart OS 4.0 promises a detailed display complete with a 3D rendering of the environment surrounding the vehicle. The OS will roll out next year in new vehicle models, said Xiaopeng. Xpeng is also rolling out version 2.0 of its voice assistant, which it says can listen, process and execute at the same time, to help make rides smoother for drivers.</p>\n<p>Finally, just as&nbsp;Tesla has released a safety score for drivers&nbsp;looking to test its FSD Beta software, and also get heaps of data for its budding insurance line, Xpeng is unleashing a safety test to help drivers understand the boundaries of the Xpilot before activating it. Drivers will receive a smart driving score before they are able to use Xpilot, and if the driver monitoring system finds them to be driving irresponsibly down the line, it will deduct points from their overall score and possibly revoke Xpilot access.</p>\n<p><b>Superchargers that give up to 125 miles range in five minutes</b></p>\n<p>If Xpeng wants to create the smart mobility ecosystem of the future, it needs to power it. The startup already has 1,648 free charging stations in its network and 439 branded supercharging stations throughout China, but during its Tech Day, Xpeng revealed plans to produce its next generation “X-Power” superchargers based on a 800V high-voltage mass-production Silicon Carbide charging platform.</p>\n<p>The X-Power chargers will be able to give EVs enough juice to go up to 200 kilometers, or 125 miles, in just five minutes, and an average of 30 vehicles can be charged on one supercharger at a time, says Xpeng. The startup is also planning to roll out lightweight 480 kW high-voltage supercharging piles, which come with Xpeng vehicles so owners can charge their cars, for the first time. In order to support this supercharging network, Xpeng says it will launch power storage facilities in both piles and mobile vehicles.</p>\n<p>Xpeng did not share when this new charging tech will make it to market.</p>\n<p><b>A flying car that also drives</b></p>\n<p><img src=\"https://static.tigerbbs.com/8b979c843e4030acc9e66523d3ecf982\" tg-width=\"1500\" tg-height=\"843\" width=\"100%\" height=\"auto\"></p>\n<p>At the event, Xpeng revealed its new goal to become the world’s top low-altitude manned flying vehicle manufacturer, in large part fueled by its mission to create itssixth generation flying car. But this is not just any flying car. This one will also be able to drive on the road.</p>\n<p>A video presented during the event showed a rendering of a very sexy looking car, even sexier than the&nbsp;Xpeng P7, that converts from a normal car to a flying car through a foldable rotor mechanism. Xpeng says the low-altitude flying vehicle will be 50% the weight of the P7 and be about 18 feet in length at first with plans to make it shorter eventually. It’ll have both a steering wheel for road operations as well as a single lever for flight modes.</p>\n<p>The new flying car will also feature an advanced environmental perception system that can fully evaluate the surrounding environment and weather conditions to conduct safety assessments before take-off, says the company. The system will evaluate the data it picks up against driving objectives to ensure a safe take-off and landing, and during the flight the advanced perception and flight control algorithm will be used to avoid obstacles.</p>\n<p>Xpeng is planning to begin mass production for this contraption, which is being developed by Xpeng affiliate urban air mobility (UAM) company HT Aero, as soon as 2024. The final design, which Xiaopeng said would be more understated than the current renderings, is to be decided sometime next year. The CEO also said Xpeng is aiming for the cost to be lower than $157,000 (RMB 1 million).</p>\n<p>Last week, Xpeng led HT Aero’s $500 million Series A raise, and HT Aero has produced other UAM vehicles for Xpeng, most recently the&nbsp;Xpeng X2, which is Xpeng’s fifth gen flying car that can seat two people. A spokesperson from Xpeng told TechCrunch the sixth gen flying car will be built for similar city use cases, like going from the office to the airport, or other similar trips under 30 minutes of flight time. Xpeng’s philosophy is to sell direct to consumer, so it’ll be interesting to see how low-altitude air regulations shift to handle a rather fast go-to-market strategy. Xiaopeng said he hopes to work with regulators to get to a place where Xpeng can legally mass-produce flying cars for private use by 2024, but didn’t go into more detail.</p>\n<p><b>Riding the path to smart mobility on a robotic pony</b></p>\n<p>Last month, Xpeng teased a pony-style robot that kids could ride and interact with. The quadruped would ideally be so perceptive that it would be able to detect human emotions. During its Tech Day, Xpeng went into further detail about how it foresees smart robots like this pony becoming an intelligent platform for an integrated smart mobility system that can address far more complex autonomy challenges than vehicles.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59684451aead23baad7064d5cba00d5a\" tg-width=\"1646\" tg-height=\"930\" width=\"100%\" height=\"auto\"><span>Woman in office loads Xpeng robotic pony with treats to be delivered in a video presented during Xpeng’s 2021 Tech Day.</span></p>\n<p>And it’s not just for kids. During the presentation, Xpeng played a video demonstrating how the cute robotic pony could be used to deliver snacks and other parcels in an office setting – a nod to the horse’s historic role in mobility history to transport objects. (In that same video, Xpeng possibly teased another robotic animal that was also hanging out in the fictional office, and this one looked a bit like&nbsp;Xiaomi’s creepy robot dog.)</p>\n<p>Xiaopeng said Xpeng is leaning towards creating a quadruped like a pony rather than a bipedal robot because four legs are more stable than two.During Tesla’s AI Day, the company announced its plans to create a bipedal humanoid robot to handle human tasks like grocery shopping.</p>\n<p>The robot will be trained to perceive a diverse environment and multiple targets with 3D route planning, and it’ll be able to recognize users through facial, body and voiceprint, says Xpeng. It is also experimenting with technologies like dynamic acoustic mapping, bionic hearing, a bionic sense of smell and even a bionic tactile experience through plantar and fingerprint touch and skin sensing. Xpeng’s robots will have a 360-degree camera module and lidar sensing system, as well as object recognition and sound field sensory technology so that it can get the most precise model of the environment to interact with.</p>\n<p>During the event, Xiaopeng mentioned that by next year, two major iterations to the robotic pony would make it look completely different than the renderings Xpeng has displayed today. A spokesperson for Xpeng told TechCrunch that there’s no timeline on a path to market for the robotic pony, as of yet, but there is a prototype that’s still in the development stage. Given the immense AI and hardware challenge for Xpeng to create a fully autonomous robot and the price tag associated with that challenge, it’s safe to assume the company is many years out from commercializing this tech.</p>\n<p>“With the adoption of greater target recognition and precise interaction, 3D route planning that enables more complex terrain mobility and enhanced bionic senses, XPeng will bring greater application scenarios to support wider mobility, greater autonomous planning, and stronger human-machine interaction for the future of smart mobility,” the company said in a statement.</p>","source":"lsy1602557183277","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>Top highlights from Xpeng’s 2021 Tech Day</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\">\nTop highlights from Xpeng’s 2021 Tech Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-25 14:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://techcrunch.com/2021/10/23/top-highlights-from-xpengs-2021-tech-day/><strong>TechCrunch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Chinese smart electric vehicle startup Xpeng has announced a series of innovations that it says will help it craft  the mobility ecosystem of the future.\n“Our exploration of more efficient, safer, ...</p>\n\n<a href=\"https://techcrunch.com/2021/10/23/top-highlights-from-xpengs-2021-tech-day/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09868":"小鹏汽车-W","XPEV":"小鹏汽车"},"source_url":"https://techcrunch.com/2021/10/23/top-highlights-from-xpengs-2021-tech-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107955725","content_text":"Chinese smart electric vehicle startup Xpeng has announced a series of innovations that it says will help it craft  the mobility ecosystem of the future.\n“Our exploration of more efficient, safer, carbon-neutral mobility solutions goes far beyond just smart EVs, and is the cornerstone of our long-term competitive advantages,” said He Xiaopeng, chairman and CEO of XPeng, at the startup’s 2021 Tech Day in Beijing on Sunday. “We strive to implement cutting-edge mobility technologies in mass-production models for the benefit of our customers.”\nXiaopeng went into detail on the company’s latest versions of its advanced driver assistance system(ADAS),its supercharger network, a next-generation flying car built with HT Aero and its robotic unicorn for kids.\nXpilot 3.5 will be designed for city driving\nXPILOT 3.5 and City NGP\nXpeng is planning to roll out the next generation of its ADAS, called Xpilot, to drivers in select cities during the first half of 2022. Xpilot 3.5 will feature “City Navigation Guided Pilot (NGP)” and will only be available to drivers of Xpeng’s P5 family sedan, which can be built with lidar, millimeter-wave radar and a 3D visual perception network that can recognize, classify and position multiple targets – all of which is essential for city-level NGP.\nThe last Xpilot version, 3.0, which was available to drivers of Xpeng’s P7 sedan, handled highway-level NGP, through which Xpeng was able to gather nearly 12 million kilometers, or 7.5 million miles, of data.\nXpilot 3.5 will have a strategic planning module with advanced prediction capabilities that uses a combination of rule-driven and data-driven AI to handle city scenarios, like avoiding static objects and vulnerable road users, as well as lane changing at any speed, according to Xpeng.\nXpeng’s approach to reaching full autonomy is similar to Tesla’s, in that it aims to go through Level 2 autonomy, or ADAS systems, on its way to reaching Level 5. (SAE International describes Level 2 autonomy as a system that mainly has support features, like adaptive cruise control and brake support. It describes Level 5 autonomy a system that can drive anywhere under all conditions.) Last month,Tesla released a software update that allows customers to request access to its Full Self-Driving Beta (FSD Beta) software. FSD includes capabilities like automatic lane change, moving into and out of parking spots and autosteering, which is currently not yet available for city streets. Tesla has given no date as to when it will bring this capability to cities, but it will be poweredusingonly vision and neural network processing.\n“Human-machine co-pilot functions will remain critical for the foreseeable future,” said XinZhou Wu, VP of autonomous driving at Xpeng, during the event. “Ourmission is to progressively transition from advanced driver assistance to full autonomous driving, with a clear roadmap to first completely connect all driving scenarios. Our closed-loop data operation, software iteration and mass production capability – all created in-house – put us in pole position to significantly improve safety and resolve the industry’s long-tail issues.”\nJust as Tesla charges for its FSD software, so does Xpeng for its Xpilot. Xpeng didn’t say how much version 3.5 would cost, but version 3.0 currently costs about $3,200 (RMB 20,000), which can be purchased outright or paid for via annual subscription, an Xpeng spokesperson told TechCrunch.\nXpilot 4.0 to provide full-scenario point-to-point ADAS\nXpeng’s Xpilot 4.0, which is planned for a roll out in the first half of 2023, would give the startup an edge on its race to full autonomy. The plan is to be the first to deliver full-scenario assisted smart driving experiences, from turning the vehicle on to parking it and everything in between.\nThis version of Xpilot will require a lot of compute power, so Xpeng is building a hardware upgrade for version 4.0, “with 508 TOPS ECU compute power supported by two Orin-X autonomous driving System-on-the-Chip (SOC) units,8-million-pixel front-view binocular camera and 2.9-million-pixel side-view cameras (covering front, rear, left and right view), and a highly integrated and expandable domain controller,” the company said in a statement.\nA spokesperson for Xpeng told TechCrunch Xpilot 4.0 will not go into any of the automaker’s existing vehicles, but rather will end up in an as yet unannounced vehicle. It’s likely that this new model will be an SUV, says the spokesperson, but Xpeng hasn’t released any information about it so far.\nBy the end of next year, as Xpeng prepares to bring Xpilot 4.0 to market, the automaker aims to have 75 million miles of highway NGP driven and 22 million miles of city NGP driven, as well as a 90% penetration rate of its memory parking function, Valet Parking Assist (VPA).\nXpeng also stressed the importance of safety when churning out all of this ADAS, and smart driving is only one aspect of that. The startup announced an upgrade to its user interface and operating system. The Xmart OS 4.0 promises a detailed display complete with a 3D rendering of the environment surrounding the vehicle. The OS will roll out next year in new vehicle models, said Xiaopeng. Xpeng is also rolling out version 2.0 of its voice assistant, which it says can listen, process and execute at the same time, to help make rides smoother for drivers.\nFinally, just as Tesla has released a safety score for drivers looking to test its FSD Beta software, and also get heaps of data for its budding insurance line, Xpeng is unleashing a safety test to help drivers understand the boundaries of the Xpilot before activating it. Drivers will receive a smart driving score before they are able to use Xpilot, and if the driver monitoring system finds them to be driving irresponsibly down the line, it will deduct points from their overall score and possibly revoke Xpilot access.\nSuperchargers that give up to 125 miles range in five minutes\nIf Xpeng wants to create the smart mobility ecosystem of the future, it needs to power it. The startup already has 1,648 free charging stations in its network and 439 branded supercharging stations throughout China, but during its Tech Day, Xpeng revealed plans to produce its next generation “X-Power” superchargers based on a 800V high-voltage mass-production Silicon Carbide charging platform.\nThe X-Power chargers will be able to give EVs enough juice to go up to 200 kilometers, or 125 miles, in just five minutes, and an average of 30 vehicles can be charged on one supercharger at a time, says Xpeng. The startup is also planning to roll out lightweight 480 kW high-voltage supercharging piles, which come with Xpeng vehicles so owners can charge their cars, for the first time. In order to support this supercharging network, Xpeng says it will launch power storage facilities in both piles and mobile vehicles.\nXpeng did not share when this new charging tech will make it to market.\nA flying car that also drives\n\nAt the event, Xpeng revealed its new goal to become the world’s top low-altitude manned flying vehicle manufacturer, in large part fueled by its mission to create itssixth generation flying car. But this is not just any flying car. This one will also be able to drive on the road.\nA video presented during the event showed a rendering of a very sexy looking car, even sexier than the Xpeng P7, that converts from a normal car to a flying car through a foldable rotor mechanism. Xpeng says the low-altitude flying vehicle will be 50% the weight of the P7 and be about 18 feet in length at first with plans to make it shorter eventually. It’ll have both a steering wheel for road operations as well as a single lever for flight modes.\nThe new flying car will also feature an advanced environmental perception system that can fully evaluate the surrounding environment and weather conditions to conduct safety assessments before take-off, says the company. The system will evaluate the data it picks up against driving objectives to ensure a safe take-off and landing, and during the flight the advanced perception and flight control algorithm will be used to avoid obstacles.\nXpeng is planning to begin mass production for this contraption, which is being developed by Xpeng affiliate urban air mobility (UAM) company HT Aero, as soon as 2024. The final design, which Xiaopeng said would be more understated than the current renderings, is to be decided sometime next year. The CEO also said Xpeng is aiming for the cost to be lower than $157,000 (RMB 1 million).\nLast week, Xpeng led HT Aero’s $500 million Series A raise, and HT Aero has produced other UAM vehicles for Xpeng, most recently the Xpeng X2, which is Xpeng’s fifth gen flying car that can seat two people. A spokesperson from Xpeng told TechCrunch the sixth gen flying car will be built for similar city use cases, like going from the office to the airport, or other similar trips under 30 minutes of flight time. Xpeng’s philosophy is to sell direct to consumer, so it’ll be interesting to see how low-altitude air regulations shift to handle a rather fast go-to-market strategy. Xiaopeng said he hopes to work with regulators to get to a place where Xpeng can legally mass-produce flying cars for private use by 2024, but didn’t go into more detail.\nRiding the path to smart mobility on a robotic pony\nLast month, Xpeng teased a pony-style robot that kids could ride and interact with. The quadruped would ideally be so perceptive that it would be able to detect human emotions. During its Tech Day, Xpeng went into further detail about how it foresees smart robots like this pony becoming an intelligent platform for an integrated smart mobility system that can address far more complex autonomy challenges than vehicles.\nWoman in office loads Xpeng robotic pony with treats to be delivered in a video presented during Xpeng’s 2021 Tech Day.\nAnd it’s not just for kids. During the presentation, Xpeng played a video demonstrating how the cute robotic pony could be used to deliver snacks and other parcels in an office setting – a nod to the horse’s historic role in mobility history to transport objects. (In that same video, Xpeng possibly teased another robotic animal that was also hanging out in the fictional office, and this one looked a bit like Xiaomi’s creepy robot dog.)\nXiaopeng said Xpeng is leaning towards creating a quadruped like a pony rather than a bipedal robot because four legs are more stable than two.During Tesla’s AI Day, the company announced its plans to create a bipedal humanoid robot to handle human tasks like grocery shopping.\nThe robot will be trained to perceive a diverse environment and multiple targets with 3D route planning, and it’ll be able to recognize users through facial, body and voiceprint, says Xpeng. It is also experimenting with technologies like dynamic acoustic mapping, bionic hearing, a bionic sense of smell and even a bionic tactile experience through plantar and fingerprint touch and skin sensing. Xpeng’s robots will have a 360-degree camera module and lidar sensing system, as well as object recognition and sound field sensory technology so that it can get the most precise model of the environment to interact with.\nDuring the event, Xiaopeng mentioned that by next year, two major iterations to the robotic pony would make it look completely different than the renderings Xpeng has displayed today. A spokesperson for Xpeng told TechCrunch that there’s no timeline on a path to market for the robotic pony, as of yet, but there is a prototype that’s still in the development stage. Given the immense AI and hardware challenge for Xpeng to create a fully autonomous robot and the price tag associated with that challenge, it’s safe to assume the company is many years out from commercializing this tech.\n“With the adoption of greater target recognition and precise interaction, 3D route planning that enables more complex terrain mobility and enhanced bionic senses, XPeng will bring greater application scenarios to support wider mobility, greater autonomous planning, and stronger human-machine interaction for the future of smart mobility,” the company said in a statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858950916,"gmtCreate":1634966652344,"gmtModify":1634966652934,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"May be overpriced! Time to encash especially if you bought at previous high price…..","listText":"May be overpriced! Time to encash especially if you bought at previous high price…..","text":"May be overpriced! Time to encash especially if you bought at previous high price…..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858950916","repostId":"1166213725","repostType":4,"repost":{"id":"1166213725","pubTimestamp":1634948473,"share":"https://www.laohu8.com/m/news/1166213725?lang=&edition=full","pubTime":"2021-10-23 08:21","market":"us","language":"en","title":"Tesla Stock Closed Above $900 for First Time. What Could Come Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1166213725","media":"Barrons","summary":"Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?Tesla  stock closed at $909.68, up about 1.8%. The S&P 500 dropped about 0.1%, while the Dow Jones Industrial Average added about 0.2%.Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&P. Tesla debt is now BB+ rated, one notch below investment grade.Tesla stoc","content":"<p>Tesla&nbsp;stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?</p>\n<p>Tesla (ticker: TSLA) stock closed at $909.68, up about 1.8%. The&nbsp;S&amp;P 500&nbsp;dropped about 0.1%, while the&nbsp;Dow Jones Industrial Average&nbsp;added about 0.2%.</p>\n<p>Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&amp;P. Tesla debt is now BB+ rated, one notch below investment grade.</p>\n<p>Tesla stock’s new 52-week intraday high is $910 on the nose. The old high-water mark of $900.40 was set on Jan. 25, according to Dow Jones Market Data. On Thursday, Tesla closed at a record for the first time since Jan. 26.</p>\n<p>Shares are up about 40% over the past three months, pushing the market cap to roughly $910 billion. (Tesla has about 1 billion shares outstanding, making the math easy.)</p>\n<p>Bulls, naturally, see more gains ahead. Wedbush analyst Dan Ives raised his bull-case Tesla stock price target to $1,500 from $1,300 after the company reported better-than-expected earnings on Wednesday.</p>\n<p>“Tesla is rising because earnings revisions are soaring,” points out Gary Black, managing partner of the Future Fund Active exchange-traded fund. Analyst estimates for Tesla’s 2022 earnings have risen to about $8 a share from $6 over the past few weeks. “Rising estimates drove Tesla to the moon in 2020. They will drive Tesla to $1,000-plus in 2022,” Black says.</p>\n<p>Ives rates Tesla stock Buy, and Tesla is the largest position in Black’s fund.</p>\n<p>Yes, there are still Tesla bears out there who believe the stock is overvalued. The bottom third of analyst price targets averages about $425, less than half of Friday’s close.</p>\n<p>Bears expect the sky-high valuation to give investors pause eventually. Stocks don’t usually fall just because investors, collectively, wake up one morning and feel differently about valuation. Something has to happen. The overall market could tumble, or the business could trip up. Analysts expect Tesla deliveries to grow to 1.3 million units in 2022 from about 890,000 units in 2021. Any hiccup to growth would be a negative catalyst for shares.</p>\n<p>Whether the stock rises or falls in the short run is anyone’s guess. For now, though, the momentum belongs to Tesla bulls.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Closed Above $900 for First Time. What Could Come Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Closed Above $900 for First Time. What Could Come Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-23 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?\nTesla (ticker: TSLA) stock closed at $909.68, up about ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166213725","content_text":"Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?\nTesla (ticker: TSLA) stock closed at $909.68, up about 1.8%. The S&P 500 dropped about 0.1%, while the Dow Jones Industrial Average added about 0.2%.\nShares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&P. Tesla debt is now BB+ rated, one notch below investment grade.\nTesla stock’s new 52-week intraday high is $910 on the nose. The old high-water mark of $900.40 was set on Jan. 25, according to Dow Jones Market Data. On Thursday, Tesla closed at a record for the first time since Jan. 26.\nShares are up about 40% over the past three months, pushing the market cap to roughly $910 billion. (Tesla has about 1 billion shares outstanding, making the math easy.)\nBulls, naturally, see more gains ahead. Wedbush analyst Dan Ives raised his bull-case Tesla stock price target to $1,500 from $1,300 after the company reported better-than-expected earnings on Wednesday.\n“Tesla is rising because earnings revisions are soaring,” points out Gary Black, managing partner of the Future Fund Active exchange-traded fund. Analyst estimates for Tesla’s 2022 earnings have risen to about $8 a share from $6 over the past few weeks. “Rising estimates drove Tesla to the moon in 2020. They will drive Tesla to $1,000-plus in 2022,” Black says.\nIves rates Tesla stock Buy, and Tesla is the largest position in Black’s fund.\nYes, there are still Tesla bears out there who believe the stock is overvalued. The bottom third of analyst price targets averages about $425, less than half of Friday’s close.\nBears expect the sky-high valuation to give investors pause eventually. Stocks don’t usually fall just because investors, collectively, wake up one morning and feel differently about valuation. Something has to happen. The overall market could tumble, or the business could trip up. Analysts expect Tesla deliveries to grow to 1.3 million units in 2022 from about 890,000 units in 2021. Any hiccup to growth would be a negative catalyst for shares.\nWhether the stock rises or falls in the short run is anyone’s guess. For now, though, the momentum belongs to Tesla bulls.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853530154,"gmtCreate":1634823253190,"gmtModify":1634823253853,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like comments&nbsp;","listText":"Pls like comments&nbsp;","text":"Pls like comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/853530154","repostId":"1181541512","repostType":4,"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853010756,"gmtCreate":1634741132554,"gmtModify":1634741677857,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853010756","repostId":"1172842207","repostType":4,"repost":{"id":"1172842207","pubTimestamp":1634739913,"share":"https://www.laohu8.com/m/news/1172842207?lang=&edition=full","pubTime":"2021-10-20 22:25","market":"us","language":"en","title":"\"People Are Hoarding\" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist","url":"https://stock-news.laohu8.com/highlight/detail?id=1172842207","media":"zerohedge","summary":"It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it","content":"<p>It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously, the psychology of empty store shelves and President Biden's inability to normalize supply chains forced some people to panic hoard this fall as uncertainty about food supplies&nbsp;mount.</p>\n<p>Chris Jones, Senior Vice President of Government Affairs &amp; Counsel of the National Grocers Association, told&nbsp;Today, \"shopping early for the holidays is a wise strategy, especially under current conditions.\"</p>\n<blockquote>\n <i>\"There's plenty of food in the supply chain, but certain items may be harder to get at certain times due to a nationwide shortage of labor impacting manufacturers, shippers and retailers. Additionally, lack of enforcement of antitrust laws in the grocery marketplace have allowed dominant retailers to secure more favorable terms and ample supplies of high-demand goods while leaving many smaller retailers with limited selections or, in some cases, bare shelves,\" Jones said.</i>\n</blockquote>\n<p>In a separate report,&nbsp;USA Today&nbsp;listed items that customers are having trouble finding at grocery stores.</p>\n<blockquote>\n <i>This frozen treat is usually the perfect dessert, but in an email on Sept. 14, Ben &amp; Jerry's parent company, Unilever, cited labor shortages as the reason for reducing the amount of flavors produced. The company said it will focus on producing its most popular flavors. Phish Food lovers, you have nothing to worry about.</i>\n</blockquote>\n<blockquote>\n <i>Fertilizer plants, which lead to the production of carbon dioxide, had to reduce their output because of rising costs, causing shortages in food and other products, Per Hong, senior partner at consulting firm Kearney, told CNBC. \"We almost certainly will be faced with a global shortage of CO2 that is used widely. CO2 is used extensively in the food value chain from inside packaged food to keep it fresher longer, for dry ice to keep frozen food cold during delivery, to giving carbonated beverages their bubbles,\" he said.</i>\n</blockquote>\n<blockquote>\n <i>People have substituted fast food for home-cooked comfort meals, causing chicken to become scarce. In May, suppliers announced a shortage of chicken, which limited some restaurants' menu items and increased the price in stores.</i>\n</blockquote>\n<blockquote>\n <i>Brazil is a supplier of most of the world's coffee, but the country has been experiencing a drought that slowed production and transportation of coffee beans.</i>\n</blockquote>\n<blockquote>\n <i>Households with small children should be aware that diaper prices have increased because of increases in prices of raw materials, shipping delays and container shortages, according to Business Insider. Diaper manufacturers Proctor &amp; Gamble (Pampers and Luvs) and Kimberly-Clark (Huggies) announced price increases in early April.</i>\n</blockquote>\n<blockquote>\n <i>A customs dispute at the U.S.-Canada border has kept the Alaska pollock, which is used for fish sticks and sandwiches, stored across the border. Cross-border violations have halted transportation of the fish and may cause permanent seafood supply chain problems.</i>\n</blockquote>\n<blockquote>\n <i>Rodney Holcomb, food economist at Oklahoma State University, told ABC27 News that concerns over the delta coronavirus variant have some customers buying more than usual, as Americans saw at the beginning of the pandemic, in case there is another lockdown.</i>\n</blockquote>\n<blockquote>\n <i>With restrictions on indoor dining, most people switched to pickup, takeout and delivery orders, limiting the supply of individual ketchup packets. Kraft Heinz confirmed to USA TODAY in early April that it was working to increase supplies, such as adding manufacturing lines that would increase production by about 25% for a total of more than 12 billion packets a year.</i>\n</blockquote>\n<blockquote>\n <i>The holidays call for comfort foods – even if you aren't the one making it. But expect shortages of Marie Callender's 10-ounce and 15-ounce pot pies. According to parent company Conagra, it would be allocating shipments through Nov. 29 after it \"encountered packing material challenges from our tray and carton supplier resulting in a production interruption,\" CNN Business reports.</i>\n</blockquote>\n<blockquote>\n <i>With the holidays around the corner, meals being prepared across the nation may be missing a very important ingredient: seasonings. McCormick Gourmet spices are short of packaging supplies due to pandemic-related shutdowns. Lori Robinson, a spokesperson for McCormick, told CNN Business, \"Gourmet is the only product line impacted by this packaging shortage\" but can be substituted with their regular spices.</i>\n</blockquote>\n<blockquote>\n <i>This lunchbox treat's production has been \"below service expectations,\" as stated in an email sent to suppliers. The shortage persists as Kellogg's workers remain on strike, even though production lines have restarted as replacement workers were brought in.</i>\n</blockquote>\n<blockquote>\n <i>In an Oct. 1 email to a grocery distributor, parent company Mondelez says there is \"limited availability\" on some of their items such as Sour Patch Kids, Swedish Fish candy and Toblerone chocolate \"due to supply chain constraints.\"</i>\n</blockquote>\n<blockquote>\n <i>This is something that isn't new to the pandemic shortage list, but the industry has yet to keep up with the demand. The shortage stems from lumber's raw material, wood pulp, which is used to make toilet paper. Fox Business reports only 60% of orders are being shipped out. Some retailers, such as Costco, have reinstated purchasing limits.</i>\n</blockquote>\n<p>Persistent disruptions in supply chains continue to upended daily life as supplies of essential goods at grocery stores continue to dwindle.</p>\n<blockquote>\n <i><b>\"I never imagined that we'd be here in October 2021 talking about supply-chain problems, but it's a reality,\"</b></i>\n <i>Vivek Sankaran, CEO of supermarket chain Albertsons Cos., told Bloomberg. \"Any given day, you're going to have something missing in our stores, and it's across categories.\"</i>\n</blockquote>\n<p>Food suppliers are stocking up on extra supplies to mitigate panic hoarding. Saffron Road, a producer of frozen meals, is increasing inventory to about four months instead of two months.</p>\n<blockquote>\n <i>\"</i>\n <i><b>People are hoarding,\"</b></i>\n <i>said CEO and founder Adnan Durrani.</i>\n <i><b>\"What I think you'll see over the next six months, all prices will go higher.\"</b></i>\n</blockquote>\n<p>Food producers are also complaining about the challenges in the supply chain continuing and will unlikely wane by the end of this year, suggesting these issues will continue into early 2022.</p>\n<p>Last week, one of the top trending topics on Twitter was the hashtag&nbsp;#EmptyShelvesJoe, referring to&nbsp;Biden's inability to normalize supply chains that have resulted in empty store shelves at supermarkets.</p>\n<p>America is becoming more and more like a third-world nation as shortages and soaring food inflation crush the working poor.</p>\n<p></p>","source":"lsy1583725640930","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>\"People Are Hoarding\" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist</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\">\n\"People Are Hoarding\" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/bare-store-shelves-supermarkets-next-supply-chain-crunch-food-shortages-persist?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously...</p>\n\n<a href=\"https://www.zerohedge.com/markets/bare-store-shelves-supermarkets-next-supply-chain-crunch-food-shortages-persist?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/bare-store-shelves-supermarkets-next-supply-chain-crunch-food-shortages-persist?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172842207","content_text":"It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously, the psychology of empty store shelves and President Biden's inability to normalize supply chains forced some people to panic hoard this fall as uncertainty about food supplies mount.\nChris Jones, Senior Vice President of Government Affairs & Counsel of the National Grocers Association, told Today, \"shopping early for the holidays is a wise strategy, especially under current conditions.\"\n\n\"There's plenty of food in the supply chain, but certain items may be harder to get at certain times due to a nationwide shortage of labor impacting manufacturers, shippers and retailers. Additionally, lack of enforcement of antitrust laws in the grocery marketplace have allowed dominant retailers to secure more favorable terms and ample supplies of high-demand goods while leaving many smaller retailers with limited selections or, in some cases, bare shelves,\" Jones said.\n\nIn a separate report, USA Today listed items that customers are having trouble finding at grocery stores.\n\nThis frozen treat is usually the perfect dessert, but in an email on Sept. 14, Ben & Jerry's parent company, Unilever, cited labor shortages as the reason for reducing the amount of flavors produced. The company said it will focus on producing its most popular flavors. Phish Food lovers, you have nothing to worry about.\n\n\nFertilizer plants, which lead to the production of carbon dioxide, had to reduce their output because of rising costs, causing shortages in food and other products, Per Hong, senior partner at consulting firm Kearney, told CNBC. \"We almost certainly will be faced with a global shortage of CO2 that is used widely. CO2 is used extensively in the food value chain from inside packaged food to keep it fresher longer, for dry ice to keep frozen food cold during delivery, to giving carbonated beverages their bubbles,\" he said.\n\n\nPeople have substituted fast food for home-cooked comfort meals, causing chicken to become scarce. In May, suppliers announced a shortage of chicken, which limited some restaurants' menu items and increased the price in stores.\n\n\nBrazil is a supplier of most of the world's coffee, but the country has been experiencing a drought that slowed production and transportation of coffee beans.\n\n\nHouseholds with small children should be aware that diaper prices have increased because of increases in prices of raw materials, shipping delays and container shortages, according to Business Insider. Diaper manufacturers Proctor & Gamble (Pampers and Luvs) and Kimberly-Clark (Huggies) announced price increases in early April.\n\n\nA customs dispute at the U.S.-Canada border has kept the Alaska pollock, which is used for fish sticks and sandwiches, stored across the border. Cross-border violations have halted transportation of the fish and may cause permanent seafood supply chain problems.\n\n\nRodney Holcomb, food economist at Oklahoma State University, told ABC27 News that concerns over the delta coronavirus variant have some customers buying more than usual, as Americans saw at the beginning of the pandemic, in case there is another lockdown.\n\n\nWith restrictions on indoor dining, most people switched to pickup, takeout and delivery orders, limiting the supply of individual ketchup packets. Kraft Heinz confirmed to USA TODAY in early April that it was working to increase supplies, such as adding manufacturing lines that would increase production by about 25% for a total of more than 12 billion packets a year.\n\n\nThe holidays call for comfort foods – even if you aren't the one making it. But expect shortages of Marie Callender's 10-ounce and 15-ounce pot pies. According to parent company Conagra, it would be allocating shipments through Nov. 29 after it \"encountered packing material challenges from our tray and carton supplier resulting in a production interruption,\" CNN Business reports.\n\n\nWith the holidays around the corner, meals being prepared across the nation may be missing a very important ingredient: seasonings. McCormick Gourmet spices are short of packaging supplies due to pandemic-related shutdowns. Lori Robinson, a spokesperson for McCormick, told CNN Business, \"Gourmet is the only product line impacted by this packaging shortage\" but can be substituted with their regular spices.\n\n\nThis lunchbox treat's production has been \"below service expectations,\" as stated in an email sent to suppliers. The shortage persists as Kellogg's workers remain on strike, even though production lines have restarted as replacement workers were brought in.\n\n\nIn an Oct. 1 email to a grocery distributor, parent company Mondelez says there is \"limited availability\" on some of their items such as Sour Patch Kids, Swedish Fish candy and Toblerone chocolate \"due to supply chain constraints.\"\n\n\nThis is something that isn't new to the pandemic shortage list, but the industry has yet to keep up with the demand. The shortage stems from lumber's raw material, wood pulp, which is used to make toilet paper. Fox Business reports only 60% of orders are being shipped out. Some retailers, such as Costco, have reinstated purchasing limits.\n\nPersistent disruptions in supply chains continue to upended daily life as supplies of essential goods at grocery stores continue to dwindle.\n\n\"I never imagined that we'd be here in October 2021 talking about supply-chain problems, but it's a reality,\"\nVivek Sankaran, CEO of supermarket chain Albertsons Cos., told Bloomberg. \"Any given day, you're going to have something missing in our stores, and it's across categories.\"\n\nFood suppliers are stocking up on extra supplies to mitigate panic hoarding. Saffron Road, a producer of frozen meals, is increasing inventory to about four months instead of two months.\n\n\"\nPeople are hoarding,\"\nsaid CEO and founder Adnan Durrani.\n\"What I think you'll see over the next six months, all prices will go higher.\"\n\nFood producers are also complaining about the challenges in the supply chain continuing and will unlikely wane by the end of this year, suggesting these issues will continue into early 2022.\nLast week, one of the top trending topics on Twitter was the hashtag #EmptyShelvesJoe, referring to Biden's inability to normalize supply chains that have resulted in empty store shelves at supermarkets.\nAmerica is becoming more and more like a third-world nation as shortages and soaring food inflation crush the working poor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826476572,"gmtCreate":1634050155140,"gmtModify":1634050155747,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826476572","repostId":"1177982171","repostType":4,"repost":{"id":"1177982171","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":1634047422,"share":"https://www.laohu8.com/m/news/1177982171?lang=&edition=full","pubTime":"2021-10-12 22:03","market":"us","language":"en","title":"MGM Resorts surged more than 7% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1177982171","media":"Tiger Newspress","summary":"MGM Resorts surged more than 7% in morning trading as MGM Resorts upgraded to outperform from neutra","content":"<p>MGM Resorts surged more than 7% in morning trading&nbsp;as&nbsp;MGM Resorts upgraded to outperform from neutral at Credit Suisse, price target $68.</p>\n<p><img src=\"https://static.tigerbbs.com/bef4b2b921b77dcccd44ac1945651d82\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>New casino operations and a healthy cash flow should help boost&nbsp;MGM Resorts&nbsp;in the year ahead, according to Credit Suisse.</p>\n<p>Analyst Benjamin Chaiken upgraded the stock to outperform from neutral, saying Tuesday in a note to clients that the company deserves a second look from investors.</p>\n<p>Credit Suisse raised its price target for MGM to $68 per share from $33 per share. The new target is 53% above where the stock closed Monday.</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>MGM Resorts surged more than 7% in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMGM Resorts surged more than 7% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-12 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MGM Resorts surged more than 7% in morning trading&nbsp;as&nbsp;MGM Resorts upgraded to outperform from neutral at Credit Suisse, price target $68.</p>\n<p><img src=\"https://static.tigerbbs.com/bef4b2b921b77dcccd44ac1945651d82\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>New casino operations and a healthy cash flow should help boost&nbsp;MGM Resorts&nbsp;in the year ahead, according to Credit Suisse.</p>\n<p>Analyst Benjamin Chaiken upgraded the stock to outperform from neutral, saying Tuesday in a note to clients that the company deserves a second look from investors.</p>\n<p>Credit Suisse raised its price target for MGM to $68 per share from $33 per share. The new target is 53% above where the stock closed Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGM":"美高梅"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177982171","content_text":"MGM Resorts surged more than 7% in morning trading as MGM Resorts upgraded to outperform from neutral at Credit Suisse, price target $68.\n\nNew casino operations and a healthy cash flow should help boost MGM Resorts in the year ahead, according to Credit Suisse.\nAnalyst Benjamin Chaiken upgraded the stock to outperform from neutral, saying Tuesday in a note to clients that the company deserves a second look from investors.\nCredit Suisse raised its price target for MGM to $68 per share from $33 per share. The new target is 53% above where the stock closed Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821363306,"gmtCreate":1633699764112,"gmtModify":1633699764766,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/821363306","repostId":"2173926482","repostType":4,"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823647770,"gmtCreate":1633620920039,"gmtModify":1633620920683,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823647770","repostId":"2173944807","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820443574,"gmtCreate":1633423027752,"gmtModify":1633423028368,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/820443574","repostId":"2173263994","repostType":4,"repost":{"id":"2173263994","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":1633422420,"share":"https://www.laohu8.com/m/news/2173263994?lang=&edition=full","pubTime":"2021-10-05 16:27","market":"us","language":"en","title":"Lululemon's board OKs $500 million share buyback program increase","url":"https://stock-news.laohu8.com/highlight/detail?id=2173263994","media":"Dow Jones","summary":"Lululemon Anthletica Inc.'s $(LULU)$ board has authorized a $500 million increase in the remaining a","content":"<p>Lululemon Anthletica Inc.'s <a href=\"https://laohu8.com/S/LULU\">$(LULU)$</a> board has authorized a $500 million increase in the remaining authorization of the company's stock repurchase program, from $141.2 million to $641.2 million. The repurchase authorization has no time limit and does not require the buyback of a minimum number of shares, the retailer said in a filing late Monday. Shares of Lululemon advanced 0.6% in the extended session Monday after ending the regular trading day down 2.2%.</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>Lululemon's board OKs $500 million share buyback program increase</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\">\nLululemon's board OKs $500 million share buyback program increase\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-10-05 16:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lululemon Anthletica Inc.'s <a href=\"https://laohu8.com/S/LULU\">$(LULU)$</a> board has authorized a $500 million increase in the remaining authorization of the company's stock repurchase program, from $141.2 million to $641.2 million. The repurchase authorization has no time limit and does not require the buyback of a minimum number of shares, the retailer said in a filing late Monday. Shares of Lululemon advanced 0.6% in the extended session Monday after ending the regular trading day down 2.2%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173263994","content_text":"Lululemon Anthletica Inc.'s $(LULU)$ board has authorized a $500 million increase in the remaining authorization of the company's stock repurchase program, from $141.2 million to $641.2 million. The repurchase authorization has no time limit and does not require the buyback of a minimum number of shares, the retailer said in a filing late Monday. Shares of Lululemon advanced 0.6% in the extended session Monday after ending the regular trading day down 2.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867267121,"gmtCreate":1633273838499,"gmtModify":1633273839136,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/867267121","repostId":"1181558340","repostType":4,"repost":{"id":"1181558340","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":1633270535,"share":"https://www.laohu8.com/m/news/1181558340?lang=&edition=full","pubTime":"2021-10-03 22:15","market":"us","language":"en","title":"Here is Top 20 S&P 500 winners in the third-quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1181558340","media":"Tiger Newspress","summary":"The S&P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quart","content":"<p>The S&amp;P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quarter.</p>\n<p>Lots&nbsp;of&nbsp;stocks’ gains for the year were offset by the September slump.But&nbsp;there&nbsp;are&nbsp;some&nbsp;stocks helped keep the market afloat .</p>\n<p>CNBC ranked the top performers in S&amp;P&nbsp;500 index for the&nbsp;third quarter using data from FactSet. The top 20 are dominated by lesser-known names in health care, technology and financials. Energy, the only sector to finish higher in September, made a small appearance.</p>\n<p>Here are the biggest third-quarter winners in the S&amp;P 500:<img src=\"https://static.tigerbbs.com/dd6449e408f045d2210f515fa5677ab3\" tg-width=\"1048\" tg-height=\"1564\" referrerpolicy=\"no-referrer\"><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> generated the highest return in the S&amp;P for the third quarter, about 60%, as Covid-19 vaccines continued being rolled out to more people and talk of a Covid booster shot evolved. The vaccine maker’s stock popped after it announced it would test a combined Covid and flu vaccine.</p>\n<p>Also,&nbsp;Moderna is higher by a whopping 268% for the year.</p>\n<p><a href=\"https://laohu8.com/S/PAYC\">Paycom Software, Inc.</a>&nbsp;is only up about 8% for the year. Still, the payroll services company generated the second-largest returns for the quarter, about 36%, as people began reentering the workforce. Government stimulus targeted at mid-market and small businesses helped the firm as well, according to Oppenheimer’s Brian Schwartz.</p>\n<p><a href=\"https://laohu8.com/S/MPWR\">Monolithic Power Systems</a> a high-performance analog semiconductor company, was up 29% for the quarter and about 32% for the year.</p>\n<p>Quanta Services, a contracting services company, gained about 25% for the quarter. Stifel recently said the stock saw an impact from both lower oil prices and Covid-related shelter in place orders and that it anticipates some recovery in the market in the second half of the year.</p>\n<p>Oil prices dipped in the middle of the quarter but have been rallying since. While many of the top performers for the third quarter had a down month in September or eked out small gains, Quanta is up more than 11% for the month.</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>Here is Top 20 S&P 500 winners in the third-quarter</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\">\nHere is Top 20 S&P 500 winners in the third-quarter\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\">2021-10-03 22:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The S&amp;P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quarter.</p>\n<p>Lots&nbsp;of&nbsp;stocks’ gains for the year were offset by the September slump.But&nbsp;there&nbsp;are&nbsp;some&nbsp;stocks helped keep the market afloat .</p>\n<p>CNBC ranked the top performers in S&amp;P&nbsp;500 index for the&nbsp;third quarter using data from FactSet. The top 20 are dominated by lesser-known names in health care, technology and financials. Energy, the only sector to finish higher in September, made a small appearance.</p>\n<p>Here are the biggest third-quarter winners in the S&amp;P 500:<img src=\"https://static.tigerbbs.com/dd6449e408f045d2210f515fa5677ab3\" tg-width=\"1048\" tg-height=\"1564\" referrerpolicy=\"no-referrer\"><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> generated the highest return in the S&amp;P for the third quarter, about 60%, as Covid-19 vaccines continued being rolled out to more people and talk of a Covid booster shot evolved. The vaccine maker’s stock popped after it announced it would test a combined Covid and flu vaccine.</p>\n<p>Also,&nbsp;Moderna is higher by a whopping 268% for the year.</p>\n<p><a href=\"https://laohu8.com/S/PAYC\">Paycom Software, Inc.</a>&nbsp;is only up about 8% for the year. Still, the payroll services company generated the second-largest returns for the quarter, about 36%, as people began reentering the workforce. Government stimulus targeted at mid-market and small businesses helped the firm as well, according to Oppenheimer’s Brian Schwartz.</p>\n<p><a href=\"https://laohu8.com/S/MPWR\">Monolithic Power Systems</a> a high-performance analog semiconductor company, was up 29% for the quarter and about 32% for the year.</p>\n<p>Quanta Services, a contracting services company, gained about 25% for the quarter. Stifel recently said the stock saw an impact from both lower oil prices and Covid-related shelter in place orders and that it anticipates some recovery in the market in the second half of the year.</p>\n<p>Oil prices dipped in the middle of the quarter but have been rallying since. While many of the top performers for the third quarter had a down month in September or eked out small gains, Quanta is up more than 11% for the month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MPWR":"Monolithic Power Systems","PWR":"广达公司","MRNA":"Moderna, Inc.","PAYC":"Paycom Software, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181558340","content_text":"The S&P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quarter.\nLots of stocks’ gains for the year were offset by the September slump.But there are some stocks helped keep the market afloat .\nCNBC ranked the top performers in S&P 500 index for the third quarter using data from FactSet. The top 20 are dominated by lesser-known names in health care, technology and financials. Energy, the only sector to finish higher in September, made a small appearance.\nHere are the biggest third-quarter winners in the S&P 500:Moderna, Inc. generated the highest return in the S&P for the third quarter, about 60%, as Covid-19 vaccines continued being rolled out to more people and talk of a Covid booster shot evolved. The vaccine maker’s stock popped after it announced it would test a combined Covid and flu vaccine.\nAlso, Moderna is higher by a whopping 268% for the year.\nPaycom Software, Inc. is only up about 8% for the year. Still, the payroll services company generated the second-largest returns for the quarter, about 36%, as people began reentering the workforce. Government stimulus targeted at mid-market and small businesses helped the firm as well, according to Oppenheimer’s Brian Schwartz.\nMonolithic Power Systems a high-performance analog semiconductor company, was up 29% for the quarter and about 32% for the year.\nQuanta Services, a contracting services company, gained about 25% for the quarter. Stifel recently said the stock saw an impact from both lower oil prices and Covid-related shelter in place orders and that it anticipates some recovery in the market in the second half of the year.\nOil prices dipped in the middle of the quarter but have been rallying since. While many of the top performers for the third quarter had a down month in September or eked out small gains, Quanta is up more than 11% for the month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864746961,"gmtCreate":1633154767341,"gmtModify":1633154767966,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hi pls like n comments&nbsp;","listText":"Hi pls like n comments&nbsp;","text":"Hi pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/864746961","repostId":"2172618769","repostType":4,"repost":{"id":"2172618769","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":1633152083,"share":"https://www.laohu8.com/m/news/2172618769?lang=&edition=full","pubTime":"2021-10-02 13:21","market":"us","language":"en","title":"Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2172618769","media":"Dow Jones","summary":"Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping. When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than d","content":"<p>Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping</p>\n<p>When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.</p>\n<p>One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders.</p>\n<p>Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter.</p>\n<p>Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers</p>\n<p>Wall Street doesn't like Kroger</p>\n<p>While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others, as well as Kroger, Wall Street is more skeptical.</p>\n<p>Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios.</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Market cap. ($mil)</td>\n   <td>Forward P/E</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>$422,424</td>\n   <td>24.9</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>$32,467</td>\n   <td>15.0</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>$13,688</td>\n   <td>13.5</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>$2,767</td>\n   <td>12.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td>\n   <td>$2,565</td>\n   <td>27.9</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td>\n   <td>$1,502</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>$1,033</td>\n   <td>16.5</td>\n  </tr>\n  <tr>\n   <td>Ingles Markets Inc. Class A IMKTA</td>\n   <td>$917</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Natural Grocers by Vitamin Cottage Inc. NGVC</td>\n   <td>$264</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td>\n   <td>$233</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td>For comparison, the S&amp;P 500 index</td>\n   <td>has a weighted forward P/E of 21.4, according to FactSet.</td>\n  </tr>\n </tbody>\n</table>\n<p>There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst.</p>\n<p>For the six companies covered by at least four analysts, here's a summary of ratings and price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Share</td>\n   <td>neutral ratings</td>\n   <td>Share \"sell\" ratings</td>\n   <td>Closing price -- Aug. 16</td>\n   <td>Consensus price target</td>\n   <td>implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>75%</td>\n   <td>19%</td>\n   <td>6%</td>\n   <td>$152.34</td>\n   <td>$165.10</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>21%</td>\n   <td>54%</td>\n   <td>25%</td>\n   <td>$45.43</td>\n   <td>$38.49</td>\n   <td>-15%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>55%</td>\n   <td>40%</td>\n   <td>5%</td>\n   <td>$30.04</td>\n   <td>$25.28</td>\n   <td>-16%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc.</td>\n   <td>25%</td>\n   <td>50%</td>\n   <td>25%</td>\n   <td>$24.55</td>\n   <td>$26.50</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp.</td>\n   <td>33%</td>\n   <td>60%</td>\n   <td>7%</td>\n   <td>$26.63</td>\n   <td>$34.36</td>\n   <td>29%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Arko Corp.</td>\n   <td>100%</td>\n   <td>0%</td>\n   <td>0%</td>\n   <td>$8.15</td>\n   <td>$13.25</td>\n   <td>63%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings.</p>\n<p>Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR):</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected sales CAGR</td>\n   <td>Est. sales -- 2020</td>\n   <td>Est. sales -- 2021</td>\n   <td>Est. sales -- 2022</td>\n   <td>Est. sales -- 2023</td>\n   <td>Est. sales -- 2024</td>\n   <td>Est. sales -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>2.2%</td>\n   <td>$556,334</td>\n   <td>$555,252</td>\n   <td>$569,243</td>\n   <td>$589,791</td>\n   <td>$607,056</td>\n   <td>$619,743</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>2.2%</td>\n   <td>$131,133</td>\n   <td>$132,473</td>\n   <td>$134,412</td>\n   <td>$136,506</td>\n   <td>$141,695</td>\n   <td>$146,252</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>1.8%</td>\n   <td>$68,664</td>\n   <td>$67,714</td>\n   <td>$68,412</td>\n   <td>$70,006</td>\n   <td>$72,540</td>\n   <td>$75,056</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>5.6%</td>\n   <td>$6,468</td>\n   <td>$6,202</td>\n   <td>$6,665</td>\n   <td>$7,230</td>\n   <td>$7,826</td>\n   <td>$8,491</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>7.4%</td>\n   <td>$3,135</td>\n   <td>$3,104</td>\n   <td>$3,444</td>\n   <td>$3,842</td>\n   <td>$4,068</td>\n   <td>$4,477</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>18.3%</td>\n   <td>$3,911</td>\n   <td>$7,366</td>\n   <td>$7,749</td>\n   <td>$8,299</td>\n   <td>$8,713</td>\n   <td>$9,060</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates.</p>\n<p>Kroger is in the bottom half of that list.</p>\n<p>Even if a company's profits are increasing slowly, its earnings per share can be boosted if it buys back enough stock to lower the average share count. Kroger announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation.</p>\n<p>Here's a set of estimates for earnings per share, with projected CAGR:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected EPS CAGR</td>\n   <td>Est. net income -- 2020</td>\n   <td>Est. net income -- 2021</td>\n   <td>Est. net income -- 2022</td>\n   <td>Est. net income -- 2023</td>\n   <td>Est. net income -- 2024</td>\n   <td>Est. net income -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>7.2%</td>\n   <td>$5.44</td>\n   <td>$5.96</td>\n   <td>$6.30</td>\n   <td>$6.85</td>\n   <td>$7.38</td>\n   <td>$7.70</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>0.4%</td>\n   <td>$3.37</td>\n   <td>$3.10</td>\n   <td>$3.06</td>\n   <td>$3.13</td>\n   <td>$3.36</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>-1.1%</td>\n   <td>$2.79</td>\n   <td>$2.36</td>\n   <td>$2.21</td>\n   <td>$2.34</td>\n   <td>$2.48</td>\n   <td>$2.63</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>6.7%</td>\n   <td>$2.48</td>\n   <td>$1.97</td>\n   <td>$2.08</td>\n   <td>$2.34</td>\n   <td>$2.90</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>3.9%</td>\n   <td>$1.15</td>\n   <td>$0.88</td>\n   <td>$1.01</td>\n   <td>$1.14</td>\n   <td>$1.23</td>\n   <td>$1.39</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>24.7%</td>\n   <td>$0.27</td>\n   <td>$0.35</td>\n   <td>$0.43</td>\n   <td>$0.53</td>\n   <td>$0.67</td>\n   <td>$0.81</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR.</p>\n<p>So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner.</p>\n<p>Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves</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>Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\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\">2021-10-02 13:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping</p>\n<p>When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.</p>\n<p>One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders.</p>\n<p>Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter.</p>\n<p>Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers</p>\n<p>Wall Street doesn't like Kroger</p>\n<p>While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others, as well as Kroger, Wall Street is more skeptical.</p>\n<p>Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios.</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Market cap. ($mil)</td>\n   <td>Forward P/E</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>$422,424</td>\n   <td>24.9</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>$32,467</td>\n   <td>15.0</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>$13,688</td>\n   <td>13.5</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>$2,767</td>\n   <td>12.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td>\n   <td>$2,565</td>\n   <td>27.9</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td>\n   <td>$1,502</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>$1,033</td>\n   <td>16.5</td>\n  </tr>\n  <tr>\n   <td>Ingles Markets Inc. Class A IMKTA</td>\n   <td>$917</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Natural Grocers by Vitamin Cottage Inc. NGVC</td>\n   <td>$264</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td>\n   <td>$233</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td>For comparison, the S&amp;P 500 index</td>\n   <td>has a weighted forward P/E of 21.4, according to FactSet.</td>\n  </tr>\n </tbody>\n</table>\n<p>There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst.</p>\n<p>For the six companies covered by at least four analysts, here's a summary of ratings and price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Share</td>\n   <td>neutral ratings</td>\n   <td>Share \"sell\" ratings</td>\n   <td>Closing price -- Aug. 16</td>\n   <td>Consensus price target</td>\n   <td>implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>75%</td>\n   <td>19%</td>\n   <td>6%</td>\n   <td>$152.34</td>\n   <td>$165.10</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>21%</td>\n   <td>54%</td>\n   <td>25%</td>\n   <td>$45.43</td>\n   <td>$38.49</td>\n   <td>-15%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>55%</td>\n   <td>40%</td>\n   <td>5%</td>\n   <td>$30.04</td>\n   <td>$25.28</td>\n   <td>-16%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc.</td>\n   <td>25%</td>\n   <td>50%</td>\n   <td>25%</td>\n   <td>$24.55</td>\n   <td>$26.50</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp.</td>\n   <td>33%</td>\n   <td>60%</td>\n   <td>7%</td>\n   <td>$26.63</td>\n   <td>$34.36</td>\n   <td>29%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Arko Corp.</td>\n   <td>100%</td>\n   <td>0%</td>\n   <td>0%</td>\n   <td>$8.15</td>\n   <td>$13.25</td>\n   <td>63%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings.</p>\n<p>Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR):</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected sales CAGR</td>\n   <td>Est. sales -- 2020</td>\n   <td>Est. sales -- 2021</td>\n   <td>Est. sales -- 2022</td>\n   <td>Est. sales -- 2023</td>\n   <td>Est. sales -- 2024</td>\n   <td>Est. sales -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>2.2%</td>\n   <td>$556,334</td>\n   <td>$555,252</td>\n   <td>$569,243</td>\n   <td>$589,791</td>\n   <td>$607,056</td>\n   <td>$619,743</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>2.2%</td>\n   <td>$131,133</td>\n   <td>$132,473</td>\n   <td>$134,412</td>\n   <td>$136,506</td>\n   <td>$141,695</td>\n   <td>$146,252</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>1.8%</td>\n   <td>$68,664</td>\n   <td>$67,714</td>\n   <td>$68,412</td>\n   <td>$70,006</td>\n   <td>$72,540</td>\n   <td>$75,056</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>5.6%</td>\n   <td>$6,468</td>\n   <td>$6,202</td>\n   <td>$6,665</td>\n   <td>$7,230</td>\n   <td>$7,826</td>\n   <td>$8,491</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>7.4%</td>\n   <td>$3,135</td>\n   <td>$3,104</td>\n   <td>$3,444</td>\n   <td>$3,842</td>\n   <td>$4,068</td>\n   <td>$4,477</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>18.3%</td>\n   <td>$3,911</td>\n   <td>$7,366</td>\n   <td>$7,749</td>\n   <td>$8,299</td>\n   <td>$8,713</td>\n   <td>$9,060</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates.</p>\n<p>Kroger is in the bottom half of that list.</p>\n<p>Even if a company's profits are increasing slowly, its earnings per share can be boosted if it buys back enough stock to lower the average share count. Kroger announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation.</p>\n<p>Here's a set of estimates for earnings per share, with projected CAGR:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected EPS CAGR</td>\n   <td>Est. net income -- 2020</td>\n   <td>Est. net income -- 2021</td>\n   <td>Est. net income -- 2022</td>\n   <td>Est. net income -- 2023</td>\n   <td>Est. net income -- 2024</td>\n   <td>Est. net income -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>7.2%</td>\n   <td>$5.44</td>\n   <td>$5.96</td>\n   <td>$6.30</td>\n   <td>$6.85</td>\n   <td>$7.38</td>\n   <td>$7.70</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>0.4%</td>\n   <td>$3.37</td>\n   <td>$3.10</td>\n   <td>$3.06</td>\n   <td>$3.13</td>\n   <td>$3.36</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>-1.1%</td>\n   <td>$2.79</td>\n   <td>$2.36</td>\n   <td>$2.21</td>\n   <td>$2.34</td>\n   <td>$2.48</td>\n   <td>$2.63</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>6.7%</td>\n   <td>$2.48</td>\n   <td>$1.97</td>\n   <td>$2.08</td>\n   <td>$2.34</td>\n   <td>$2.90</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>3.9%</td>\n   <td>$1.15</td>\n   <td>$0.88</td>\n   <td>$1.01</td>\n   <td>$1.14</td>\n   <td>$1.23</td>\n   <td>$1.39</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>24.7%</td>\n   <td>$0.27</td>\n   <td>$0.35</td>\n   <td>$0.43</td>\n   <td>$0.53</td>\n   <td>$0.67</td>\n   <td>$0.81</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR.</p>\n<p>So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner.</p>\n<p>Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","WMT":"沃尔玛","SFM":"Sprouts Farmers Market Inc","ACI":"艾伯森"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2172618769","content_text":"Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping\nWhen investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.\nOne reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders.\nBerkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter.\nRead:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers\nWall Street doesn't like Kroger\nWhile Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others, as well as Kroger, Wall Street is more skeptical.\nWithin the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios.\n\n\n\nCompany\nMarket cap. ($mil)\nForward P/E\n\n\nWalmart Inc. WMT\n$422,424\n24.9\n\n\nKroger Co. KR\n$32,467\n15.0\n\n\nAlbertsons Cos. Inc. Class A ACI\n$13,688\n13.5\n\n\nSprouts Farmers Markets Inc. SFM\n$2,767\n12.3\n\n\nGrocery Outlet Holding Corp. GO\n$2,565\n27.9\n\n\nWeis Markets Inc. WMK\n$1,502\nN/A\n\n\nArko Corp. ARKO\n$1,033\n16.5\n\n\nIngles Markets Inc. Class A IMKTA\n$917\nN/A\n\n\nNatural Grocers by Vitamin Cottage Inc. NGVC\n$264\nN/A\n\n\nVillage Super Market Inc. Class A VLGEA\n$233\nN/A\n\n\nSource: FactSet\n\n\n\n\n\nFor comparison, the S&P 500 index\nhas a weighted forward P/E of 21.4, according to FactSet.\n\n\n\nThere are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. $(NGVC)$ is covered by only one analyst.\nFor the six companies covered by at least four analysts, here's a summary of ratings and price targets:\n\n\n\nCompany\nShare \"buy\" ratings\nShare\nneutral ratings\nShare \"sell\" ratings\nClosing price -- Aug. 16\nConsensus price target\nimplied 12-month upside potential\n\n\nWalmart Inc. WMT\n75%\n19%\n6%\n$152.34\n$165.10\n8%\n\n\n\nKroger Co. KR\n21%\n54%\n25%\n$45.43\n$38.49\n-15%\n\n\n\nAlbertsons Cos. Inc. Class A ACI\n55%\n40%\n5%\n$30.04\n$25.28\n-16%\n\n\n\nSprouts Farmers Markets Inc.\n25%\n50%\n25%\n$24.55\n$26.50\n8%\n\n\n\nGrocery Outlet Holding Corp.\n33%\n60%\n7%\n$26.63\n$34.36\n29%\n\n\n\nArko Corp.\n100%\n0%\n0%\n$8.15\n$13.25\n63%\n\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\n\nAmong these six stocks, Walmart Inc. $(WMT)$, Albertsons Cos. $(ACI.UK)$ and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price.\nTwo -- Kroger and Sprouts Farmers Markets Inc. $(SFM)$ -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&P 500 have 25% or more \"sell\" ratings.\nHere's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR):\n\n\n\nCompany\nProjected sales CAGR\nEst. sales -- 2020\nEst. sales -- 2021\nEst. sales -- 2022\nEst. sales -- 2023\nEst. sales -- 2024\nEst. sales -- 2025\n\n\nWalmart Inc. WMT\n2.2%\n$556,334\n$555,252\n$569,243\n$589,791\n$607,056\n$619,743\n\n\nKroger Co. KR\n2.2%\n$131,133\n$132,473\n$134,412\n$136,506\n$141,695\n$146,252\n\n\nAlbertsons Cos. Inc. Class A ACI\n1.8%\n$68,664\n$67,714\n$68,412\n$70,006\n$72,540\n$75,056\n\n\nSprouts Farmers Markets Inc. SFM\n5.6%\n$6,468\n$6,202\n$6,665\n$7,230\n$7,826\n$8,491\n\n\nGrocery Outlet Holding Corp. GO\n7.4%\n$3,135\n$3,104\n$3,444\n$3,842\n$4,068\n$4,477\n\n\nArko Corp. ARKO\n18.3%\n$3,911\n$7,366\n$7,749\n$8,299\n$8,713\n$9,060\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\n\nFor sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates.\nKroger is in the bottom half of that list.\nEven if a company's profits are increasing slowly, its earnings per share can be boosted if it buys back enough stock to lower the average share count. Kroger announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation.\nHere's a set of estimates for earnings per share, with projected CAGR:\n\n\n\nCompany\nProjected EPS CAGR\nEst. net income -- 2020\nEst. net income -- 2021\nEst. net income -- 2022\nEst. net income -- 2023\nEst. net income -- 2024\nEst. net income -- 2025\n\n\nWalmart Inc. WMT\n7.2%\n$5.44\n$5.96\n$6.30\n$6.85\n$7.38\n$7.70\n\n\nKroger Co. KR\n0.4%\n$3.37\n$3.10\n$3.06\n$3.13\n$3.36\n$3.43\n\n\nAlbertsons Cos. Inc. Class A ACI\n-1.1%\n$2.79\n$2.36\n$2.21\n$2.34\n$2.48\n$2.63\n\n\nSprouts Farmers Markets Inc. SFM\n6.7%\n$2.48\n$1.97\n$2.08\n$2.34\n$2.90\n$3.43\n\n\nGrocery Outlet Holding Corp. GO\n3.9%\n$1.15\n$0.88\n$1.01\n$1.14\n$1.23\n$1.39\n\n\nArko Corp. ARKO\n24.7%\n$0.27\n$0.35\n$0.43\n$0.53\n$0.67\n$0.81\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\n\nAs you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR.\nSo a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner.\nDon't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864291420,"gmtCreate":1633102397892,"gmtModify":1633102398449,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great to hear that a new drug can cure covid! Pls like n comments&nbsp;","listText":"Great to hear that a new drug can cure covid! Pls like n comments&nbsp;","text":"Great to hear that a new drug can cure covid! Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864291420","repostId":"1118501905","repostType":4,"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865670976,"gmtCreate":1632981291124,"gmtModify":1632981291760,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/865670976","repostId":"1104172212","repostType":4,"repost":{"id":"1104172212","pubTimestamp":1632965278,"share":"https://www.laohu8.com/m/news/1104172212?lang=&edition=full","pubTime":"2021-09-30 09:27","market":"us","language":"en","title":"2021 Global Market Outlook - Q4 Update: Growing Pains","url":"https://stock-news.laohu8.com/highlight/detail?id=1104172212","media":"seekingalpha","summary":"Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double","content":"<p><b>Summary</b></p>\n<ul>\n <li>The post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.</li>\n <li>The reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor.</li>\n <li>The key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter.</li>\n</ul>\n<p>The COVID-19 delta variant, inflation and central bank tapering are unnerving investors. <b>We expect the pandemic-recovery trade to resume as inflation subsides, infection rates decline and tapering turns out to not equal tightening. Amid this backdrop, our outlook favors equities over bonds, the value factor over the growth factor and non-U.S. stocks over U.S. stocks.</b></p>\n<p><b>Introduction</b></p>\n<p>The post-lockdown recovery has transitioned from energetic youthfulness to awkward adolescence. It’s still growing, although at a slower pace, and there are worries about what happens next, particularly about monetary policy and the outlook for inflation. Theinflation spikehas been larger than expected, but we still think it istransitory, caused by base effects from when the U.S. consumer price index (CPI) fell during the lockdown last year and by temporary supply bottlenecks. Inflation may remain high over the remainder of 2021 but should decline in early 2022. This means that even though the U.S. Federal Reserve (Fed) is likely to begin tapering back on asset purchases before the end of the year, rate hikes are unlikely before the second half of 2023.</p>\n<p>Another worry is thehighly contagious COVID-19 delta variant. The evidence so far is that vaccines are effective in preventing serious COVID-19 infections. Vaccination rates are accelerating globally, and emerging economies are catching up with developed markets. Infection rates appear to have peaked globally in early September. This means the reopening of economies should continue over the remainder of 2021. The onset of winter in the northern hemisphere will be a test, but the rollout of booster vaccination shots should help prevent widescale renewed lockdowns.</p>\n<p>The conclusions from our cycle, value and sentiment (CVS) investment decision-making process are broadly unchanged from our previous quarterly report. Global equities remain expensive, with the very expensive U.S. market offsetting better value elsewhere. Sentiment is slightly overbought, but not close to dangerous levels of euphoria. The strong cycle delivers a preference for equities over bonds for at least the next 12 months, despite expensive valuations. It also reinforces our preference for thevalue equity factor over the growth factorand for non-U.S. equities to outperform the U.S. market.</p>\n<p><b>Cycle still in recovery phase</b></p>\n<p>The post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows. Even so, we think the cycle is still in the recovery phase, although it is maturing. Despite strong growth, there is plenty of spare capacity. This can be seen in the employment-to-population ratio for prime-age workers in the United States. The chart below shows the ratio has recovered from the pandemic lows, but only to levels reached during the relatively mild recessions in the early 1990s and 2000s. We expect theU.S. labor-market recoveryshould still resemble a typical post-recession recovery over the next few quarters.</p>\n<p><b>U.S. EMPLOYMENT-POPULATION RATIO FOR PRIME-AGE WORKERS</b></p>\n<p><img src=\"https://static.tigerbbs.com/28a91fe2991463e2285879c32cb1b8c7\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>The U.S. recovery, however, is more advanced than that of other developed economies. The following chart shows how far GDP has recovered, relative to the pre-COVID-19 peak in 2019. GDP is 0.8% higher in the U.S., although this level is still short relative to the pre-COVID-19 trend. GDP is 2.5% below 2019 levels in the euro area and 4.5% below in the United Kingdom. We expect more cyclical upside for economic growth outside the U.S., and this should allow market leadership to rotate toward the rest of the world.</p>\n<p><b>GDP IN Q2 2021 RELATIVE TO PRE-COVID-19 PEAK IN 2019</b></p>\n<p><img src=\"https://static.tigerbbs.com/577d1b96aef08b71c9bdb6665a21b2ac\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Two key indicators</b></p>\n<p>Last quarter, we listed two indicators that should offer a guide to the Fed’s expected reaction to the inflation spike.</p>\n<p>The first is five-year/five-year breakeven inflation expectations, based on the pricing of Treasury Inflation Protected Securities (TIPS). This is the market’s forecast for average inflation over five years in five years’ time. It tells us that investors expect inflation will average 2.17% in the five years from late 2026 to late 2031. The TIPS yields are based on the CPI, while the Fed targets inflation as measured by the personal consumption expenditure (PCE) deflator. The two move together over time, but CPI inflation is generally around 0.25% higher than PCE inflation. A breakeven rate of 2.75% would suggest the market sees PCE inflation above 2.5% in five years’ time. Market inflation expectations are currently comfortably below the Fed’s worry point.</p>\n<p><b>WATCHPOINT INDICATOR #1: U.S. 5-YEAR/5-YEAR BREAKEVEN INFLATION RATE</b></p>\n<p><img src=\"https://static.tigerbbs.com/13f3cf57b58f600fe6681e9015779e85\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>The second indicator is the Atlanta Fed’s Wage Growth Tracker, and this has a less-comforting message about inflation risks. It reached 3.9% in August, which isclose to the 4% thresholdwhere we judge that the Fed will become concerned about the inflationary impact on the growth of wages. A breakdown shows that the spike has been mostly driven by wages for low-skilled, young people in the leisure and hospitality industry. This suggests the surge has been caused by temporary labor supply shortages and that wage pressures should subside as economic activity normalizes. This indicator, however, will be an important watchpoint over the next few months.</p>\n<p><b>WATCHPOINT INDICATOR #2: ATLANTA FED WAGE GROWTH TRACKER</b></p>\n<p><img src=\"https://static.tigerbbs.com/a1d3ff1ca26f6d29a28f919c65531c9a\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Reopening trade still makes sense</b></p>\n<p>The reopening trade, which lifts long-term interest rates and favors cyclical and value stocks over technology and growth stocks, worked well for several months following the vaccine announcement last November. Value outperformed growth and yield curves steepened. The trade has reversed in recent months, however, amid fears that the delta variant might derail the economic recovery. The impact has been magnified by short covering in bond markets as investors, who have been short or underweight, have been forced by the rally to buy back into the market, pushing bond yields even lower.</p>\n<p>The reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor. Financial stocks comprise the largest sector in the MSCI World Value Index, and they should benefit from further yield-curve steepening, which boosts the profitability of banks. Long-term interest rates should rise as global growth remains above trend, delta-variant fears fade, the short squeeze unwinds and central banks begin tapering back on bond purchases.</p>\n<p>The rotation in economic growth leadership away from the United States should also help the reopening trade. The rest of the world is overweight cyclical value stocks relative to the U.S., which has a higher weight to technology stocks.</p>\n<p>Emerging market (EM) equities have been poor performers since the vaccine announcement, but there are some encouraging signs. Initially, they were held back by the exposure to technology stocks in the MSCI Emerging Markets Index and the slow rollout of COVID-19 vaccines. More recently, they have come under pressure from the slowdown in the Chinese economy and theregulatory crackdown on Chinese tech companies. The vaccine rollout across emerging markets has accelerated and policy easing in China should soon improve the growth outlook. The path of Chinese regulation is harder to predict, but it is now largely priced in, with Chinese technology companies underperforming their global peers by nearly 50% from February 2021 through mid-September.</p>\n<p>The resumption of the reopening trade should also result in U.S. dollar weakness. The U.S. Dollar Index (DXY) has traded sideways since the vaccine announcement. It should weaken once investors have confidence that delta-variant risks are subsiding and realize that the Fed is likely to remain dovish as inflation risks decline. The dollar typically gains during global downturns and declines in the recovery phase. Dollar weakness should support the performance of non-U.S. markets, particularly emerging markets.</p>\n<p><b>Risks: variants, inflation, China weakness</b></p>\n<p>The key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter. The evidence so far is that vaccinations are highly effective in preventing serious illness. In Israel, booster shots appear to have slowed the rate of new cases.</p>\n<p>Another watchpoint is inflation and the response of central banks. Our expectation is that this year’s inflation spike is mostly transitory and that the major central banks, led by the Fed, are still two years from raising interest rates.</p>\n<p>Finally, there is the risk of a sharper-than-expected slowdown in China.Credit growth has slowed this yearand the purchasing managers’ indexes (PMI) have trended lower. Monetary and fiscal policy have been eased, however, and senior officials have signaled that more stimulus is on the way. China policy direction and credit trends will be an important watchpoint over coming months.</p>\n<p><b>Regional snapshotsUnited States</b></p>\n<p>The U.S. economy is likely to sustain above-trend growth into 2022. However, the easiest gains appear in the rear-view mirror at the end of the third quarter as the recovery phase of the business cycle matures. This is most visible for corporate earnings, where S&amp;P 500® Index earnings-per-share already sit 20% above their previous cyclical high.</p>\n<p>Strong fundamentals have helped power the stock market to new highs. Early evidence that the delta-variant wave may be fading and the potential for greater vaccine access for children are positives for a more complete recovery in the quarters ahead. The Fedlooks poised to start tapering its asset purchasesaround the end of 2021. The timing of the first rate hike will then hinge on what happens to inflation next year. Our models suggest that inflation is likely to drop back below the Fed’s 2% target in 2022. If that is correct, the Fed is likely to remain on hold into the second half of 2023.</p>\n<p>Wage inflation is a key risk to this view. It is running unusually strong for this stage of the cycle, and record hiring intentions from businesses could exhaust spare capacity in the year ahead. We expect the 10-year U.S. Treasury yield to rise moderately from 1.37% in mid-September to 1.75% in coming months.</p>\n<p>Fiscal stimulus negotiations continue to grab headlines in Washington, D.C. Thetax provisions in these billsare likely to be the most impactful for financial markets. We estimate thathigher corporate taxescould subtract about four percentage points from S&amp;P 500 earnings growth in 2022. This could create volatility and opportunity in markets. Given our strong cyclical outlook, our bias continues to be a<i>risk-on</i>preference for equities over bonds for the medium-term.</p>\n<p><b>Eurozone</b></p>\n<p>Euro area growthslowed through the third quarter but looks on track for a return to above-trend growth over the fourth quarter and into 2022. Vaccination rates are high, and the euro area has more catch-up potential than other major economies, particularly the United States. The euro area is also set to receive more fiscal support than other regions, with the European Union’s pandemic recovery fund only just starting to disburse stimulus, which will provide significant support in southern Europe. Polls in advance of Germany’s federal election on Sept. 26 suggested the electorate was moving toward the political left, which means the new government is likely to support expansionary fiscal policy and a continued dovish stance by the European Central Bank (ECB).</p>\n<p>The MSCI EMU Index, which reflects the European Economic and Monetary Union, has performed broadly in line with the S&amp;P 500 so far in 2021. We think it has potential to outperform in coming quarters. Europe’s exposure to financials and cyclically sensitive sectors such as industrials, materials and energy, and its relatively small exposure to technology, gives it the potential to outperform as delta-variant fears subside, economic activity picks up and yield curves in Europe steepen.</p>\n<p><b>United Kingdom</b></p>\n<p>As of mid-year, UK GDP was still nearly 4.5% below its pre-pandemic peak. We see plenty of scope for strong catch-up growth as borders are fully reopened and activity normalizes. Supply bottlenecks and labor shortages have triggered a sharp rise in underlying inflation and created concerns that the Bank of England (BoE) may start rate hikes in the first half of 2022. We think the BoE is unlikely to be that aggressive. We expect inflation to decline in early 2022 as supply constraints ease, which should convince the BoE to delay rate hikes.</p>\n<p>The FTSE 100 Index is the cheapest of the major developed equity markets in late 2021, and this should help it reflect higher returns than other markets over the next decade. Around 70% of UK corporate earnings come from offshore, so one near-term risk is that further strengthening of British sterling dampens earnings growth. The other risks are mostly around policy missteps, for example, early tightening by the Bank of England.</p>\n<p><b>Japan</b></p>\n<p>The Japanese economy is expected to get a shot in the arm as rising vaccination rates improve mobility and reduce the risk of further lockdowns, and as political leadership changes result in more fiscal stimulus: the Japanese election is due to be held before Nov. 28. Japanese equities look slightly more expensive than other regions such as the UK and Europe. We maintain our view that the Bank of Japan will significantly lag other central banks in normalizing policy.</p>\n<p><b>China</b></p>\n<p>We expect Chinese economic growth to berobust over the next 12 months, supported by a post-lockdown jump in consumer spending and incremental fiscal and monetary easing. Despite a big improvement in vaccination rates,COVID-19 outbreaks remain a riskgiven the Chinese government’s zero-tolerance approach. The major consumer technology companies have seen significant drops in stock prices recently due to more aggressive regulation. Some uncertainty remains around thepath of future regulation, especially as it relates to technology companies, and as a result we expect investors will remain cautious on Chinese equities in the coming months. The property market, particularly property developers as recently highlighted by Evergrande’s debt crisis, remains a risk that we are monitoring closely.</p>\n<p><b>Canada</b></p>\n<p>Canada leads the G71countries in terms of the vaccination rollout, which should minimize the risk of large-scale lockdowns over winter. The delta variant has taken an economic toll, however, with industry consensus projections now predicting 5% GDP growth in 2021 versus estimates of more than 6% just three months ago. Even so, growth remains above-trend and the odds of additional fiscal expenditures to support the economy have increased. This means that weaker growth due to COVID-19 is unlikely to change the Bank of Canada's (BoC) tightening bias.</p>\n<p>Tapering of asset purchasesshould be complete by the end of the first quarter of 2022. BoC Governor Tiff Macklem has indicated that the reinvestment phase of the bonds held by the central bank will commence once quantitative easing has ended. This should generate an estimated C$1 billion in weekly bond purchases, down from the current pace of C$2 billion. The BoC will likely only consider shrinking its balance sheet after it has started lifting interest rates. The BoC projects that the output gap will close sometime over the second half of 2022, and that rate hikes will be considered after economic slack has disappeared. We believe that the timeline may be a tad aggressive, and a delay to 2023 for liftoff is more likely. This would better align the Canadian central bank with its American counterpart.</p>\n<p><b>Australia/New Zealand</b></p>\n<p>The Australian economy is set to return to life, with lockdowns likely to be eased in October and November. Consumer and business balance sheets continue to look healthy, which should facilitate a strong recovery. The reopening of the international border in 2022 will provide a further boost. Fiscal policy has supported the economy through the downturn, and there is potential for further stimulus in the lead-up to the federal election, which is due before the end of 2022. The Reserve Bank of Australia has begun the process of tapering its bond-purchase program, but we expect that a rise in the cash rate is unlikely until at least the second half of 2023.</p>\n<p>New Zealand’s most recent lockdown will drag on Q3 GDP, but similar to Australia, we expect a solid rebound as the economy reopens. The government aims to provide a vaccine to all adults by the end of 2021, after which borders will gradually reopen. This will provide a boost, particularly to tourism-exposed sectors. Despite having recently put off hiking interest rates due to the recent lockdown, we expect the Reserve Bank of New Zealand will start raising rates this year. Even though they have significantly underperformed global equities this year, New Zealand equities still screen as relatively expensive compared to other regions.</p>\n<p><b>Asset-class preferences</b></p>\n<p>Our cycle, value and sentiment investment decision-making process in late September 2021 has a moderately positive medium-term view on global equities. Value is expensive across most markets except for UK equities, which are near fair value. The cycle is risk-asset supportive for the medium-term. The major economies still have spare capacity and inflation pressures appear transitory, caused by COVID-19-related supply shortages. Rate hikes by the U.S. Fed seem unlikely before the second half of 2023. Sentiment, after reaching overbought levels earlier in the year, has returned to more neutral levels.</p>\n<p><b>COMPOSITE CONTRARIAN INDICATOR: SENTIMENT SHIFTS TOWARD NEUTRAL</b></p>\n<p><img src=\"https://static.tigerbbs.com/5c527955abbc9e770d200c1d709f80d8\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>We prefer<b>non-U.S. equities</b>to U.S. equities. Stronger economic growth and steeper yield curves after the third-quarter slowdown should favor undervalued cyclical value stocks over expensive technology and growth stocks. Relative to the U.S., the rest of the world is overweight cyclical value stocks.</li>\n <li><b>Emerging markets equities</b>have been relatively poor performers this year, but there are some encouraging signs. The vaccine rollout across EM has accelerated and policy easing in China should soon boost the economic growth outlook.China’s regulatory crackdownhas caused significant underperformance by Chinese technology companies, but this should be less of a headwind going forward now that it is priced in.</li>\n <li><b>High yield</b>and<b>investment grade credit</b>are expensive on a spread basis but have support from a positive cycle view that accommodates corporate profit growth and keeps default rates low. U.S. dollar-denominated<b>emerging markets debt</b>is close to fair value in spread terms and will gain support on U.S. dollar weakness.</li>\n <li><b>Government bonds</b>are expensive, and yields should come under upward pressure as output gaps close and central banks look to taper back asset purchases. We expect the 10-year U.S. Treasury yield to rise toward 1.75% in coming months.</li>\n <li><b>Real assets</b>: Real Estate Investment Trusts (REITs) have significantly outperformed Global Listed Infrastructure (GLI) so far this year, to the extent that REITS are now expensive relative to GLI. Both should benefit from the pandemic recovery, but GLI has some catch-up potential. GLI should benefit from the global re-opening boosting domestic and international travel.<b>Commodities</b>have been the best-performing asset class this year amid strong demand and supply bottlenecks. The gains have been led by industrial metals and energy. The pace of increase should ease as supply issues are resolved, butcommodities should retain supportfrom above-trend global demand.</li>\n <li>The<b>U.S. dollar</b>has been supported this year by expectations for early Fed tightening and U.S. economic growth leadership. It should weaken as global growth leadership rotates away from the U.S. and toward Europe and other developed economies. The dollar typically gains during global downturns and declines in the recovery phase. The main beneficiary is likely to be the<b>euro</b>, which is still undervalued. We also believe<b>British sterling</b>and the economically sensitive<i>commodity currencies</i>—the<b>Australian dollar</b>, the<b>New Zealand dollar</b>and the<b>Canadian dollar</b>—can make further gains, although these currencies are not undervalued from a longer-term perspective.</li>\n</ul>\n<p><b>ASSET PERFORMANCE SINCE THE BEGINNING OF 2021</b></p>\n<p><img src=\"https://static.tigerbbs.com/50e253becd38bd122d9fc211e7b0f583\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>1The Group of Seven is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.</p>\n<p><b>Important Information</b></p>\n<p>The views in this Global Market Outlook report are subject to change at any time based upon market or other conditions and are current as of September 27, 2021. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed.</p>\n<p>Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.</p>\n<p>Keep in mind that, like all investing, multi-asset investing does not assure a profit or protect against loss.</p>\n<p>No model or group of models can offer a precise estimate of future returns available from capital markets. We remain cautious that rational analytical techniques cannot predict extremes in financial behavior, such as periods of financial euphoria or investor panic. Our models rest on the assumptions of normal and rational financial behavior. Forecasting models are inherently uncertain, subject to change at any time based on a variety of factors and can be inaccurate. Russell believes that the utility of this information is highest in evaluating the relative relationships of various components of a globally diversified portfolio. As such, the models may offer insights into the prudence of over or under weighting those components from time to time or under periods of extreme dislocation. The models are explicitly not intended as market timing signals.</p>\n<p>Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.</p>\n<p>Investment in global, international or emerging markets may be significantly affected by political or economic conditions and regulatory requirements in a particular country. Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Such securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and political systems with less stability than in more developed countries.</p>\n<p>Currency investing involves risks including fluctuations in currency values, whether the home currency or the foreign currency. They can either enhance or reduce the returns associated with foreign investments.</p>\n<p>Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation.</p>\n<p>Bond investors should carefully consider risks such as interest rate, credit, default and duration risks. Greater risk, such as increased volatility, limited liquidity, prepayment, non-payment and increased default risk, is inherent in portfolios that invest in high yield (“junk”) bonds or mortgage-backed securities, especially mortgage-backed securities with exposure to sub-prime mortgages. Generally, when interest rates rise, prices of fixed income securities fall. Interest rates in the United States are at, or near, historic lows, which may increase a Fund’s exposure to risks associated with rising rates. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.</p>\n<p>Performance quoted represents past performance and should not be viewed as a guarantee of future results.</p>\n<p>The FTSE 100 Index is a market-capitalization weighted index of UK-listed blue chip companies.</p>\n<p>The S&amp;P 500® Index, or the Standard &amp; Poor’s 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.</p>\n<p>The MSCI EMU Index (European Economic and Monetary Union) captures large and mid cap representation across the 10 developed markets countries in the EMU. With 246 constituents, the index covers approximately 85% of the free float-adjusted market capitalization of the EMU.</p>\n<p>Indexes are unmanaged and cannot be invested in directly.</p>\n<p>Copyright © Russell Investments 2021. 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The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.</p>\n<p>Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.</p>\n<p>Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates, with a significant minority stake held by funds managed by Reverence Capital Partners. Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.</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>2021 Global Market Outlook - Q4 Update: Growing Pains</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\">\n2021 Global Market Outlook - Q4 Update: Growing Pains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.\nThe reopening trade should resume in ...</p>\n\n<a href=\"https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104172212","content_text":"Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.\nThe reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor.\nThe key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter.\n\nThe COVID-19 delta variant, inflation and central bank tapering are unnerving investors. We expect the pandemic-recovery trade to resume as inflation subsides, infection rates decline and tapering turns out to not equal tightening. Amid this backdrop, our outlook favors equities over bonds, the value factor over the growth factor and non-U.S. stocks over U.S. stocks.\nIntroduction\nThe post-lockdown recovery has transitioned from energetic youthfulness to awkward adolescence. It’s still growing, although at a slower pace, and there are worries about what happens next, particularly about monetary policy and the outlook for inflation. Theinflation spikehas been larger than expected, but we still think it istransitory, caused by base effects from when the U.S. consumer price index (CPI) fell during the lockdown last year and by temporary supply bottlenecks. Inflation may remain high over the remainder of 2021 but should decline in early 2022. This means that even though the U.S. Federal Reserve (Fed) is likely to begin tapering back on asset purchases before the end of the year, rate hikes are unlikely before the second half of 2023.\nAnother worry is thehighly contagious COVID-19 delta variant. The evidence so far is that vaccines are effective in preventing serious COVID-19 infections. Vaccination rates are accelerating globally, and emerging economies are catching up with developed markets. Infection rates appear to have peaked globally in early September. This means the reopening of economies should continue over the remainder of 2021. The onset of winter in the northern hemisphere will be a test, but the rollout of booster vaccination shots should help prevent widescale renewed lockdowns.\nThe conclusions from our cycle, value and sentiment (CVS) investment decision-making process are broadly unchanged from our previous quarterly report. Global equities remain expensive, with the very expensive U.S. market offsetting better value elsewhere. Sentiment is slightly overbought, but not close to dangerous levels of euphoria. The strong cycle delivers a preference for equities over bonds for at least the next 12 months, despite expensive valuations. It also reinforces our preference for thevalue equity factor over the growth factorand for non-U.S. equities to outperform the U.S. market.\nCycle still in recovery phase\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows. Even so, we think the cycle is still in the recovery phase, although it is maturing. Despite strong growth, there is plenty of spare capacity. This can be seen in the employment-to-population ratio for prime-age workers in the United States. The chart below shows the ratio has recovered from the pandemic lows, but only to levels reached during the relatively mild recessions in the early 1990s and 2000s. We expect theU.S. labor-market recoveryshould still resemble a typical post-recession recovery over the next few quarters.\nU.S. EMPLOYMENT-POPULATION RATIO FOR PRIME-AGE WORKERS\n\nThe U.S. recovery, however, is more advanced than that of other developed economies. The following chart shows how far GDP has recovered, relative to the pre-COVID-19 peak in 2019. GDP is 0.8% higher in the U.S., although this level is still short relative to the pre-COVID-19 trend. GDP is 2.5% below 2019 levels in the euro area and 4.5% below in the United Kingdom. We expect more cyclical upside for economic growth outside the U.S., and this should allow market leadership to rotate toward the rest of the world.\nGDP IN Q2 2021 RELATIVE TO PRE-COVID-19 PEAK IN 2019\n\nTwo key indicators\nLast quarter, we listed two indicators that should offer a guide to the Fed’s expected reaction to the inflation spike.\nThe first is five-year/five-year breakeven inflation expectations, based on the pricing of Treasury Inflation Protected Securities (TIPS). This is the market’s forecast for average inflation over five years in five years’ time. It tells us that investors expect inflation will average 2.17% in the five years from late 2026 to late 2031. The TIPS yields are based on the CPI, while the Fed targets inflation as measured by the personal consumption expenditure (PCE) deflator. The two move together over time, but CPI inflation is generally around 0.25% higher than PCE inflation. A breakeven rate of 2.75% would suggest the market sees PCE inflation above 2.5% in five years’ time. Market inflation expectations are currently comfortably below the Fed’s worry point.\nWATCHPOINT INDICATOR #1: U.S. 5-YEAR/5-YEAR BREAKEVEN INFLATION RATE\n\nThe second indicator is the Atlanta Fed’s Wage Growth Tracker, and this has a less-comforting message about inflation risks. It reached 3.9% in August, which isclose to the 4% thresholdwhere we judge that the Fed will become concerned about the inflationary impact on the growth of wages. A breakdown shows that the spike has been mostly driven by wages for low-skilled, young people in the leisure and hospitality industry. This suggests the surge has been caused by temporary labor supply shortages and that wage pressures should subside as economic activity normalizes. This indicator, however, will be an important watchpoint over the next few months.\nWATCHPOINT INDICATOR #2: ATLANTA FED WAGE GROWTH TRACKER\n\nReopening trade still makes sense\nThe reopening trade, which lifts long-term interest rates and favors cyclical and value stocks over technology and growth stocks, worked well for several months following the vaccine announcement last November. Value outperformed growth and yield curves steepened. The trade has reversed in recent months, however, amid fears that the delta variant might derail the economic recovery. The impact has been magnified by short covering in bond markets as investors, who have been short or underweight, have been forced by the rally to buy back into the market, pushing bond yields even lower.\nThe reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor. Financial stocks comprise the largest sector in the MSCI World Value Index, and they should benefit from further yield-curve steepening, which boosts the profitability of banks. Long-term interest rates should rise as global growth remains above trend, delta-variant fears fade, the short squeeze unwinds and central banks begin tapering back on bond purchases.\nThe rotation in economic growth leadership away from the United States should also help the reopening trade. The rest of the world is overweight cyclical value stocks relative to the U.S., which has a higher weight to technology stocks.\nEmerging market (EM) equities have been poor performers since the vaccine announcement, but there are some encouraging signs. Initially, they were held back by the exposure to technology stocks in the MSCI Emerging Markets Index and the slow rollout of COVID-19 vaccines. More recently, they have come under pressure from the slowdown in the Chinese economy and theregulatory crackdown on Chinese tech companies. The vaccine rollout across emerging markets has accelerated and policy easing in China should soon improve the growth outlook. The path of Chinese regulation is harder to predict, but it is now largely priced in, with Chinese technology companies underperforming their global peers by nearly 50% from February 2021 through mid-September.\nThe resumption of the reopening trade should also result in U.S. dollar weakness. The U.S. Dollar Index (DXY) has traded sideways since the vaccine announcement. It should weaken once investors have confidence that delta-variant risks are subsiding and realize that the Fed is likely to remain dovish as inflation risks decline. The dollar typically gains during global downturns and declines in the recovery phase. Dollar weakness should support the performance of non-U.S. markets, particularly emerging markets.\nRisks: variants, inflation, China weakness\nThe key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter. The evidence so far is that vaccinations are highly effective in preventing serious illness. In Israel, booster shots appear to have slowed the rate of new cases.\nAnother watchpoint is inflation and the response of central banks. Our expectation is that this year’s inflation spike is mostly transitory and that the major central banks, led by the Fed, are still two years from raising interest rates.\nFinally, there is the risk of a sharper-than-expected slowdown in China.Credit growth has slowed this yearand the purchasing managers’ indexes (PMI) have trended lower. Monetary and fiscal policy have been eased, however, and senior officials have signaled that more stimulus is on the way. China policy direction and credit trends will be an important watchpoint over coming months.\nRegional snapshotsUnited States\nThe U.S. economy is likely to sustain above-trend growth into 2022. However, the easiest gains appear in the rear-view mirror at the end of the third quarter as the recovery phase of the business cycle matures. This is most visible for corporate earnings, where S&P 500® Index earnings-per-share already sit 20% above their previous cyclical high.\nStrong fundamentals have helped power the stock market to new highs. Early evidence that the delta-variant wave may be fading and the potential for greater vaccine access for children are positives for a more complete recovery in the quarters ahead. The Fedlooks poised to start tapering its asset purchasesaround the end of 2021. The timing of the first rate hike will then hinge on what happens to inflation next year. Our models suggest that inflation is likely to drop back below the Fed’s 2% target in 2022. If that is correct, the Fed is likely to remain on hold into the second half of 2023.\nWage inflation is a key risk to this view. It is running unusually strong for this stage of the cycle, and record hiring intentions from businesses could exhaust spare capacity in the year ahead. We expect the 10-year U.S. Treasury yield to rise moderately from 1.37% in mid-September to 1.75% in coming months.\nFiscal stimulus negotiations continue to grab headlines in Washington, D.C. Thetax provisions in these billsare likely to be the most impactful for financial markets. We estimate thathigher corporate taxescould subtract about four percentage points from S&P 500 earnings growth in 2022. This could create volatility and opportunity in markets. Given our strong cyclical outlook, our bias continues to be arisk-onpreference for equities over bonds for the medium-term.\nEurozone\nEuro area growthslowed through the third quarter but looks on track for a return to above-trend growth over the fourth quarter and into 2022. Vaccination rates are high, and the euro area has more catch-up potential than other major economies, particularly the United States. The euro area is also set to receive more fiscal support than other regions, with the European Union’s pandemic recovery fund only just starting to disburse stimulus, which will provide significant support in southern Europe. Polls in advance of Germany’s federal election on Sept. 26 suggested the electorate was moving toward the political left, which means the new government is likely to support expansionary fiscal policy and a continued dovish stance by the European Central Bank (ECB).\nThe MSCI EMU Index, which reflects the European Economic and Monetary Union, has performed broadly in line with the S&P 500 so far in 2021. We think it has potential to outperform in coming quarters. Europe’s exposure to financials and cyclically sensitive sectors such as industrials, materials and energy, and its relatively small exposure to technology, gives it the potential to outperform as delta-variant fears subside, economic activity picks up and yield curves in Europe steepen.\nUnited Kingdom\nAs of mid-year, UK GDP was still nearly 4.5% below its pre-pandemic peak. We see plenty of scope for strong catch-up growth as borders are fully reopened and activity normalizes. Supply bottlenecks and labor shortages have triggered a sharp rise in underlying inflation and created concerns that the Bank of England (BoE) may start rate hikes in the first half of 2022. We think the BoE is unlikely to be that aggressive. We expect inflation to decline in early 2022 as supply constraints ease, which should convince the BoE to delay rate hikes.\nThe FTSE 100 Index is the cheapest of the major developed equity markets in late 2021, and this should help it reflect higher returns than other markets over the next decade. Around 70% of UK corporate earnings come from offshore, so one near-term risk is that further strengthening of British sterling dampens earnings growth. The other risks are mostly around policy missteps, for example, early tightening by the Bank of England.\nJapan\nThe Japanese economy is expected to get a shot in the arm as rising vaccination rates improve mobility and reduce the risk of further lockdowns, and as political leadership changes result in more fiscal stimulus: the Japanese election is due to be held before Nov. 28. Japanese equities look slightly more expensive than other regions such as the UK and Europe. We maintain our view that the Bank of Japan will significantly lag other central banks in normalizing policy.\nChina\nWe expect Chinese economic growth to berobust over the next 12 months, supported by a post-lockdown jump in consumer spending and incremental fiscal and monetary easing. Despite a big improvement in vaccination rates,COVID-19 outbreaks remain a riskgiven the Chinese government’s zero-tolerance approach. The major consumer technology companies have seen significant drops in stock prices recently due to more aggressive regulation. Some uncertainty remains around thepath of future regulation, especially as it relates to technology companies, and as a result we expect investors will remain cautious on Chinese equities in the coming months. The property market, particularly property developers as recently highlighted by Evergrande’s debt crisis, remains a risk that we are monitoring closely.\nCanada\nCanada leads the G71countries in terms of the vaccination rollout, which should minimize the risk of large-scale lockdowns over winter. The delta variant has taken an economic toll, however, with industry consensus projections now predicting 5% GDP growth in 2021 versus estimates of more than 6% just three months ago. Even so, growth remains above-trend and the odds of additional fiscal expenditures to support the economy have increased. This means that weaker growth due to COVID-19 is unlikely to change the Bank of Canada's (BoC) tightening bias.\nTapering of asset purchasesshould be complete by the end of the first quarter of 2022. BoC Governor Tiff Macklem has indicated that the reinvestment phase of the bonds held by the central bank will commence once quantitative easing has ended. This should generate an estimated C$1 billion in weekly bond purchases, down from the current pace of C$2 billion. The BoC will likely only consider shrinking its balance sheet after it has started lifting interest rates. The BoC projects that the output gap will close sometime over the second half of 2022, and that rate hikes will be considered after economic slack has disappeared. We believe that the timeline may be a tad aggressive, and a delay to 2023 for liftoff is more likely. This would better align the Canadian central bank with its American counterpart.\nAustralia/New Zealand\nThe Australian economy is set to return to life, with lockdowns likely to be eased in October and November. Consumer and business balance sheets continue to look healthy, which should facilitate a strong recovery. The reopening of the international border in 2022 will provide a further boost. Fiscal policy has supported the economy through the downturn, and there is potential for further stimulus in the lead-up to the federal election, which is due before the end of 2022. The Reserve Bank of Australia has begun the process of tapering its bond-purchase program, but we expect that a rise in the cash rate is unlikely until at least the second half of 2023.\nNew Zealand’s most recent lockdown will drag on Q3 GDP, but similar to Australia, we expect a solid rebound as the economy reopens. The government aims to provide a vaccine to all adults by the end of 2021, after which borders will gradually reopen. This will provide a boost, particularly to tourism-exposed sectors. Despite having recently put off hiking interest rates due to the recent lockdown, we expect the Reserve Bank of New Zealand will start raising rates this year. Even though they have significantly underperformed global equities this year, New Zealand equities still screen as relatively expensive compared to other regions.\nAsset-class preferences\nOur cycle, value and sentiment investment decision-making process in late September 2021 has a moderately positive medium-term view on global equities. Value is expensive across most markets except for UK equities, which are near fair value. The cycle is risk-asset supportive for the medium-term. The major economies still have spare capacity and inflation pressures appear transitory, caused by COVID-19-related supply shortages. Rate hikes by the U.S. Fed seem unlikely before the second half of 2023. Sentiment, after reaching overbought levels earlier in the year, has returned to more neutral levels.\nCOMPOSITE CONTRARIAN INDICATOR: SENTIMENT SHIFTS TOWARD NEUTRAL\n\n\nWe prefernon-U.S. equitiesto U.S. equities. Stronger economic growth and steeper yield curves after the third-quarter slowdown should favor undervalued cyclical value stocks over expensive technology and growth stocks. Relative to the U.S., the rest of the world is overweight cyclical value stocks.\nEmerging markets equitieshave been relatively poor performers this year, but there are some encouraging signs. The vaccine rollout across EM has accelerated and policy easing in China should soon boost the economic growth outlook.China’s regulatory crackdownhas caused significant underperformance by Chinese technology companies, but this should be less of a headwind going forward now that it is priced in.\nHigh yieldandinvestment grade creditare expensive on a spread basis but have support from a positive cycle view that accommodates corporate profit growth and keeps default rates low. U.S. dollar-denominatedemerging markets debtis close to fair value in spread terms and will gain support on U.S. dollar weakness.\nGovernment bondsare expensive, and yields should come under upward pressure as output gaps close and central banks look to taper back asset purchases. We expect the 10-year U.S. Treasury yield to rise toward 1.75% in coming months.\nReal assets: Real Estate Investment Trusts (REITs) have significantly outperformed Global Listed Infrastructure (GLI) so far this year, to the extent that REITS are now expensive relative to GLI. Both should benefit from the pandemic recovery, but GLI has some catch-up potential. GLI should benefit from the global re-opening boosting domestic and international travel.Commoditieshave been the best-performing asset class this year amid strong demand and supply bottlenecks. The gains have been led by industrial metals and energy. The pace of increase should ease as supply issues are resolved, butcommodities should retain supportfrom above-trend global demand.\nTheU.S. dollarhas been supported this year by expectations for early Fed tightening and U.S. economic growth leadership. It should weaken as global growth leadership rotates away from the U.S. and toward Europe and other developed economies. The dollar typically gains during global downturns and declines in the recovery phase. The main beneficiary is likely to be theeuro, which is still undervalued. We also believeBritish sterlingand the economically sensitivecommodity currencies—theAustralian dollar, theNew Zealand dollarand theCanadian dollar—can make further gains, although these currencies are not undervalued from a longer-term perspective.\n\nASSET PERFORMANCE SINCE THE BEGINNING OF 2021\n\n1The Group of Seven is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.\nImportant Information\nThe views in this Global Market Outlook report are subject to change at any time based upon market or other conditions and are current as of September 27, 2021. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed.\nPlease remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.\nKeep in mind that, like all investing, multi-asset investing does not assure a profit or protect against loss.\nNo model or group of models can offer a precise estimate of future returns available from capital markets. We remain cautious that rational analytical techniques cannot predict extremes in financial behavior, such as periods of financial euphoria or investor panic. Our models rest on the assumptions of normal and rational financial behavior. Forecasting models are inherently uncertain, subject to change at any time based on a variety of factors and can be inaccurate. Russell believes that the utility of this information is highest in evaluating the relative relationships of various components of a globally diversified portfolio. As such, the models may offer insights into the prudence of over or under weighting those components from time to time or under periods of extreme dislocation. The models are explicitly not intended as market timing signals.\nForecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.\nInvestment in global, international or emerging markets may be significantly affected by political or economic conditions and regulatory requirements in a particular country. Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Such securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and political systems with less stability than in more developed countries.\nCurrency investing involves risks including fluctuations in currency values, whether the home currency or the foreign currency. They can either enhance or reduce the returns associated with foreign investments.\nInvestments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation.\nBond investors should carefully consider risks such as interest rate, credit, default and duration risks. Greater risk, such as increased volatility, limited liquidity, prepayment, non-payment and increased default risk, is inherent in portfolios that invest in high yield (“junk”) bonds or mortgage-backed securities, especially mortgage-backed securities with exposure to sub-prime mortgages. Generally, when interest rates rise, prices of fixed income securities fall. Interest rates in the United States are at, or near, historic lows, which may increase a Fund’s exposure to risks associated with rising rates. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.\nPerformance quoted represents past performance and should not be viewed as a guarantee of future results.\nThe FTSE 100 Index is a market-capitalization weighted index of UK-listed blue chip companies.\nThe S&P 500® Index, or the Standard & Poor’s 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.\nThe MSCI EMU Index (European Economic and Monetary Union) captures large and mid cap representation across the 10 developed markets countries in the EMU. With 246 constituents, the index covers approximately 85% of the free float-adjusted market capitalization of the EMU.\nIndexes are unmanaged and cannot be invested in directly.\nCopyright © Russell Investments 2021. All rights reserved. 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Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865980590,"gmtCreate":1632930403585,"gmtModify":1632930404177,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like m comments&nbsp;","listText":"Pls like m comments&nbsp;","text":"Pls like m comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/865980590","repostId":"1168322550","repostType":2,"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866240047,"gmtCreate":1632787007689,"gmtModify":1632797593597,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866240047","repostId":"1179785946","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868761747,"gmtCreate":1632706079789,"gmtModify":1632798434697,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Can trust or not?","listText":"Can trust or not?","text":"Can trust or not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868761747","repostId":"2170648199","repostType":4,"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868603375,"gmtCreate":1632634323897,"gmtModify":1632648022605,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sell AMC?","listText":"Sell AMC?","text":"Sell AMC?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868603375","repostId":"2170146216","repostType":4,"repost":{"id":"2170146216","pubTimestamp":1632628602,"share":"https://www.laohu8.com/m/news/2170146216?lang=&edition=full","pubTime":"2021-09-26 11:56","market":"us","language":"en","title":"This Announcement from Disney's CEO Is Bad News for AMC","url":"https://stock-news.laohu8.com/highlight/detail?id=2170146216","media":"Motley Fool","summary":"The House of Mouse did not commit to releasing films exclusively in theaters beyond this year.","content":"<p><b>The Walt Disney Company</b> (NYSE:DIS) CEO Bob Chapek presented at a virtual conference hosted by <b>Goldman Sachs</b>. As part of that discussion, Chapek talked about Disney's various business segments and strategies.</p>\n<p>Unsurprisingly, the topic of exclusive theatrical film releases came up -- to which the CEO gave insight into the company's thinking. The House of Mouse is not committing to exclusive theatrical releases in the future. The announcement follows a previous <a href=\"https://laohu8.com/S/AONE.U\">one</a> where Disney said it would exclusively release the rest of its 2021 film slate in theaters. Let's dive deeper and discern why it could be bad news for movie theater chain <b>AMC Entertainment Group</b> (NYSE:AMC).<img src=\"https://static.tigerbbs.com/21f008bc5de5578fa8adf50a52483edf\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Image source: Getty Images.</p>\n<h2>Disney is keeping its options open</h2>\n<p>Since the pandemic onset, Disney has implemented three methods of releasing new films: Direct to its streaming service free to subscribers, simultaneous release in theaters with the option to buy the movie on streaming service for $29.99, and finally, the traditional exclusive theatrical release. Note, studios typically split box-office revenue 50/50 with theater chains.</p>\n<p>Out of the three, there is no question AMC would prefer exclusive theatrical releases. That way, if consumers want to see the movie, they have no choice but to go to a theater to watch it. That is, of course, for the first 30 days or 45 days or however long the exclusivity agreement is in place before it moves onto streaming services. With no option other than to wait, consumers could be enticed to watch in theaters.</p>\n<p>At the opposite end of the spectrum are the free to existing subscribers direct to streaming releases. These are the worst for AMC because the films never hit theaters, earning zero revenue.</p>\n<p>Although not the best, the simultaneous release format gives AMC a chance to bring people to theaters and earn revenue on ticket sales and concessions. Marvel's <i>Black Widow</i> was released in theaters and on Disney+ for purchase at $29.99 on the same day. As of this writing, the film has grossed $378 million in box office sales -- not to mention the revenue earned from selling $9 popcorn and $6 soda.</p>\n<p>The film also earned $125 million in sales on Disney+. At $29.99 per purchase, that constitutes at least four million households. You can start to see how a simultaneous release could cannibalize box office sales.</p>\n<p>Therefore, AMC must not have been happy with the Disney CEO's failure to commit to exclusive theatrical releases in the future. Disney already committed to exclusive releases for the rest of 2021, so there was hope it would extend the decision long-term, which was not the case.</p>\n<h2>Home theaters are getting better</h2>\n<p>Box office ticket sales have been on a steady decline for two decades. The in-home viewing experience has improved over the years, while the theater experience has stayed roughly the same, albeit more expensive.</p>\n<p>The coronavirus pandemic allowed studios like Disney to experiment and learn from multiple film release options. Before the outbreak, the only option had been exclusive theatrical. Studios would not be prudent if they didn't hold onto that option, even if they don't end up exercising it. At the very least, it could improve studios' negotiation power over revenue split and other terms against AMC.</p>\n<p>As AMC battles to bounce back from lost revenue during the pandemic, news like this from Disney will not help.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Announcement from Disney's CEO Is Bad News for AMC</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\">\nThis Announcement from Disney's CEO Is Bad News for AMC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-26 11:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/25/this-announcement-from-disneys-ceo-is-bad-news-for/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Walt Disney Company (NYSE:DIS) CEO Bob Chapek presented at a virtual conference hosted by Goldman Sachs. As part of that discussion, Chapek talked about Disney's various business segments and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/25/this-announcement-from-disneys-ceo-is-bad-news-for/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NWS":"新闻集团","AMC":"AMC院线","DIS":"迪士尼"},"source_url":"https://www.fool.com/investing/2021/09/25/this-announcement-from-disneys-ceo-is-bad-news-for/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170146216","content_text":"The Walt Disney Company (NYSE:DIS) CEO Bob Chapek presented at a virtual conference hosted by Goldman Sachs. As part of that discussion, Chapek talked about Disney's various business segments and strategies.\nUnsurprisingly, the topic of exclusive theatrical film releases came up -- to which the CEO gave insight into the company's thinking. The House of Mouse is not committing to exclusive theatrical releases in the future. The announcement follows a previous one where Disney said it would exclusively release the rest of its 2021 film slate in theaters. Let's dive deeper and discern why it could be bad news for movie theater chain AMC Entertainment Group (NYSE:AMC).Image source: Getty Images.\nDisney is keeping its options open\nSince the pandemic onset, Disney has implemented three methods of releasing new films: Direct to its streaming service free to subscribers, simultaneous release in theaters with the option to buy the movie on streaming service for $29.99, and finally, the traditional exclusive theatrical release. Note, studios typically split box-office revenue 50/50 with theater chains.\nOut of the three, there is no question AMC would prefer exclusive theatrical releases. That way, if consumers want to see the movie, they have no choice but to go to a theater to watch it. That is, of course, for the first 30 days or 45 days or however long the exclusivity agreement is in place before it moves onto streaming services. With no option other than to wait, consumers could be enticed to watch in theaters.\nAt the opposite end of the spectrum are the free to existing subscribers direct to streaming releases. These are the worst for AMC because the films never hit theaters, earning zero revenue.\nAlthough not the best, the simultaneous release format gives AMC a chance to bring people to theaters and earn revenue on ticket sales and concessions. Marvel's Black Widow was released in theaters and on Disney+ for purchase at $29.99 on the same day. As of this writing, the film has grossed $378 million in box office sales -- not to mention the revenue earned from selling $9 popcorn and $6 soda.\nThe film also earned $125 million in sales on Disney+. At $29.99 per purchase, that constitutes at least four million households. You can start to see how a simultaneous release could cannibalize box office sales.\nTherefore, AMC must not have been happy with the Disney CEO's failure to commit to exclusive theatrical releases in the future. Disney already committed to exclusive releases for the rest of 2021, so there was hope it would extend the decision long-term, which was not the case.\nHome theaters are getting better\nBox office ticket sales have been on a steady decline for two decades. The in-home viewing experience has improved over the years, while the theater experience has stayed roughly the same, albeit more expensive.\nThe coronavirus pandemic allowed studios like Disney to experiment and learn from multiple film release options. Before the outbreak, the only option had been exclusive theatrical. Studios would not be prudent if they didn't hold onto that option, even if they don't end up exercising it. At the very least, it could improve studios' negotiation power over revenue split and other terms against AMC.\nAs AMC battles to bounce back from lost revenue during the pandemic, news like this from Disney will not help.","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861443262,"gmtCreate":1632534164156,"gmtModify":1632710271821,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861443262","repostId":"2170619785","repostType":4,"repost":{"id":"2170619785","pubTimestamp":1632518354,"share":"https://www.laohu8.com/m/news/2170619785?lang=&edition=full","pubTime":"2021-09-25 05:19","market":"sg","language":"en","title":"Dow Jones, S&P 500 end with gains up after bumpy week, but Nike drags","url":"https://stock-news.laohu8.com/highlight/detail?id=2170619785","media":"The Straits Times","summary":"NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week","content":"<div>\n<p>NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike.\nAthletic...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags\">Web Link</a>\n\n</div>\n","source":"straits_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>Dow Jones, S&P 500 end with gains up after bumpy week, but Nike drags</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones, S&P 500 end with gains up after bumpy week, but Nike drags\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-25 05:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike.\nAthletic...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF","OEX":"标普100","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","NKE":"耐克","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF",".DJI":"道琼斯","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF"},"source_url":"http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170619785","content_text":"NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike.\nAthletic wear company Nike's shares fell 6.3% and were the biggest drag on the Dow and the S&P 500 after it delivered a downbeat sales forecast and warned of delays during the holiday shopping season, blaming a supply chain crunch.\nShares of footwear retailer Foot Locker also fell sharply. On the flip side, Facebook climbed 2% and Tesla rose 2.7%.\nThe S&P communication services sector climbed 0.7% and was the second-biggest sector gainer of the day after energy, up 0.8%.\nStocks bounced back from a sharp selloff at the start of the week tied in part to concerns over a default by China's Evergrande and its potential risk to global financial markets.\nOn Friday, Evergrande's electric car unit warned it faced an uncertain future unless it got a swift injection of cash, the clearest sign yet that the property developer's liquidity crisis is worsening in other parts of its business.\n\"You've had a good recovery from the lows\" this week, said Rick Meckler, partner, Cherry Lane Investments, a family investment office in New Vernon, New Jersey.\n\"With rates this low - even if they are going to move up slowly - and with the fiscal stimulus you'll probably see coming, I think investors still prefer stocks to any other asset class. Stocks remain in a weird way what investors see as the safe place.\"\nOn Wednesday, the Federal Reserve said it would reduce its monthly bond purchases \"soon\" and half of the Fed's policymakers projected borrowing costs will need to rise in 2022.\nThe Dow Jones Industrial Average rose 33.18 points, or 0.1%, to 34,798, the S&P 500 gained 6.5 points, or 0.15%, to 4,455.48 and the Nasdaq Composite dropped 4.55 points, or 0.03%, to 15,047.70.\nFor the week, the Dow was up 0.6%, the S&P 500 gained 0.5% and the Nasdaq was near flat.\nShares of cryptocurrency-related firms Coinbase Global, MicroStrategy Inc, Riot Blockchain and Marathon Patent Group fell after China's central bank put a ban on crypto trading and mining. \"It's been a very volatile week to say the least, so I think going into the last week of September the volatility is likely to continue especially with the end-of-the-quarter window dressing,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.\nInvestors are also looking for signs of progress on President Joe Biden's spending and budget bills.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.\nThe S&P 500 posted 21 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 82 new highs and 73 new lows.\nVolume on US exchanges was 9.00 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861263346,"gmtCreate":1632498510585,"gmtModify":1632715413829,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861263346","repostId":"2169153886","repostType":4,"repost":{"id":"2169153886","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1632494459,"share":"https://www.laohu8.com/m/news/2169153886?lang=&edition=full","pubTime":"2021-09-24 22:40","market":"us","language":"en","title":"Friday's Market Minute: Takeaways From Another Volatile Earnings Season","url":"https://stock-news.laohu8.com/highlight/detail?id=2169153886","media":"Benzinga","summary":"For many, Nike’s (NYSE: NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was one worth noting.","content":"<blockquote>\n <b>Each quarter’s reports have brought on their own set of hills and valleys. Here is the Summary...</b>\n</blockquote>\n<p>For many, <b>Nike’s </b>(NYSE:NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was <a href=\"https://laohu8.com/S/AONE.U\">one</a> worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys.</p>\n<p>The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well above year-ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, but these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. The earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAANG stocks, <b>Amazon </b>(NASDAQ:AMZN) was the only company that reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on the top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</p>\n<p>For many, Nike’s quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys. The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well-above year ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. Earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAAMG stocks, Amazon was the only company who reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</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>Friday's Market Minute: Takeaways From Another Volatile Earnings Season</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\">\nFriday's Market Minute: Takeaways From Another Volatile Earnings Season\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-24 22:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>Each quarter’s reports have brought on their own set of hills and valleys. Here is the Summary...</b>\n</blockquote>\n<p>For many, <b>Nike’s </b>(NYSE:NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was <a href=\"https://laohu8.com/S/AONE.U\">one</a> worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys.</p>\n<p>The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well above year-ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, but these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. The earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAANG stocks, <b>Amazon </b>(NASDAQ:AMZN) was the only company that reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on the top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</p>\n<p>For many, Nike’s quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys. The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well-above year ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. Earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAAMG stocks, Amazon was the only company who reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","NKE":"耐克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169153886","content_text":"Each quarter’s reports have brought on their own set of hills and valleys. Here is the Summary...\n\nFor many, Nike’s (NYSE:NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys.\nThe average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well above year-ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.\nPlus, not only was there a record amount of companies beating earnings estimates, but these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. The earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.\nWithin the heavily traded and scrutinized FAANG stocks, Amazon (NASDAQ:AMZN) was the only company that reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on the top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.\nWhile it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.\nFor many, Nike’s quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys. The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well-above year ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.\nPlus, not only was there a record amount of companies beating earnings estimates, these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. Earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.\nWithin the heavily traded and scrutinized FAAMG stocks, Amazon was the only company who reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.\nWhile it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":853530154,"gmtCreate":1634823253190,"gmtModify":1634823253853,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like comments&nbsp;","listText":"Pls like comments&nbsp;","text":"Pls like comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/853530154","repostId":"1181541512","repostType":4,"repost":{"id":"1181541512","pubTimestamp":1634821766,"share":"https://www.laohu8.com/m/news/1181541512?lang=&edition=full","pubTime":"2021-10-21 21:09","market":"us","language":"en","title":"Tesla Shares Shrug As Musk-Less Call Offers Dry Details On Expansion, Insurance, Full Self Driving","url":"https://stock-news.laohu8.com/highlight/detail?id=1181541512","media":"zerohedge","summary":"If you noticed there was a lack of mumbling, half-sentences and outright bullshiton the Tesla confer","content":"<p>If you noticed there was a lack of mumbling, half-sentences and outright&nbsp;<i>bullshit</i>on the Tesla conference call last night, it may have something to do with the fact that CEO Elon Musk didn't make an appearance on the call. It marks the first time in the company's history that Musk was not on the conference call.</p>\n<p>Of course, the positive of Musk not being on the call is that whoever is acting as the company's general counsel that week can likely breathe a sign of relief. The negative is that most of the company's cultist supporters, who turn in to hear every last brain fart that Musk is able to conjure up on the fly, may be disappointed.</p>\n<p>Or, as&nbsp;Reuters put it, Musk's absence is \"likely to turn Tesla's quarterly calls into more staid reviews of business than unpredictable platforms for the celebrity CEO's latest thoughts.\" Musk follows in the footsteps of executives like Jeff Bezos and Steve Jobs, who would also routinely opt-out of their respective companies' conference calls.</p>\n<p>Musk had warned over the summer that&nbsp;\"unless there's something really important that I need to say,\" he wouldn't be on the calls going forward. Musk has recently been directing a lot of his focus to SpaceX.&nbsp;The call itself touched on a number of topics.</p>\n<p>Speaking about&nbsp;<b>expansion</b>, CFO Zach Kirkhorn said:</p>\n<blockquote>\n Our goal as a Company here is to grow on an average pace of 50% per year. And so, you can extrapolate that out. There may be some periods of time in which we're well ahead of that. There could be some periods of time, despite best efforts, where we're slightly lower than that. But that remains the long-term goal of the Company. In Fremont, we're continuing to push the boundaries of what's possible there. Over the last 12 months, we've done about 430,000 cars of production. And based upon everything that we know in the factory where the bottlenecks are, what the potential is, we’re targeting to increase that another 50%.\n</blockquote>\n<blockquote>\n ...\n</blockquote>\n<blockquote>\n Austin and Berlin are interesting factories because our first iterations of capacity there are on Model Y. But we've intentionally set these factories and locations in which they have a quite significant amount of land and ability to expand. And so, we'll take Model Y at these factories. We're trying to get to 5,000 cars a week as soon as we can. And then we'll continue to push beyond that, potentially even getting to 10,000 cars per week at those factories. And then we will add Cybertruck here in Austin and continue to grow from there.\n</blockquote>\n<p>Executives also seemed to take a&nbsp;<b>kinder tone to the NHTSA investigation</b>&nbsp;than CEO Musk may have. Lars Moravy, when asked about the investigation, replied:</p>\n<blockquote>\n As we have been for years, we always engage with NHTSA and other worldwide regulatory bodies to share our knowledge and to work with them on our approaches on both active and passive safety.&nbsp;There are ongoing regulatory inquiries taking place all the time, and especially on the subjects. FSD, they're at the cutting edge of technology development. During these investigations, my team, myself, are always cooperative as much as possible.\n</blockquote>\n<blockquote>\n We expect and embrace the scrutiny of these products and know that the truth about their performance and the innovations our products have will ultimately be all that matters. In the end then as I've said on previous calls, we take safety as a top priority in all our designs. This is because our primary motivation is from an -- coming from a team of incredible engineers designing software and hardware that saves lives and prevents injuries.\n</blockquote>\n<blockquote>\n And doing so, we'll continue to be transparent to the public on how our technology is both developing from an autopilot safety data, the latest of which we just shared in the shareholder update. And you can also see in review a wide variety of customer post FSD videos on social media.\n</blockquote>\n<p>They also addressed&nbsp;<b>longer wait times for service</b>&nbsp;across the country and in Europe. CFO Kirkhorn said:</p>\n<blockquote>\n We have seen an increase in service late times throughout the summer, and there's a couple of things that have contributed to that based upon the information that we had. The first is that I think this is not -- this is not unique to us is that the return to some sense of normalcy in a post-pandemic world has happened I think more quickly than most people expected.\n</blockquote>\n<blockquote>\n And what we're seeing here is that the number of miles that people are driving has increased. There may have been some demand for service during 2020 or in the early parts of 2021 that customers put off. And so, there's a bit of a catch-up that's occurring that has increased demand for service.\n</blockquote>\n<blockquote>\n At the same time, in the macro-environment here, logistics, moving parts, sourcing parts, has become increasingly more difficult, which is a well-known issue in the world right now, as well as challenges in the labor market. And so, there's this simultaneous increase in demand for service, where the ability to supply that service has been impacted for the reasons I mentioned.\n</blockquote>\n<blockquote>\n And so, we saw an uptick primarily in Europe and North America and service wait times over the course of the summer. And we've been working extremely hard since then to address this.\n</blockquote>\n<p>Kirkhorn ducked a question about&nbsp;<b>Full Self Driving</b>&nbsp;pricing:</p>\n<blockquote>\n I'll take the second part of the question first, \n <b>we won't be providing any forward-looking commentary</b>on our pricing strategy or what may happen here over the near term. With respect to the first part of the question, it has been an interesting thing for us to impact within the Company.\n</blockquote>\n<p>He also talked about the coming&nbsp;<b>Tesla insurance product</b>, which will take Tesla's \"Safety Score\" that it is using to grade FSD beta testers and use it ostensibly to price insurance:</p>\n<blockquote>\n At Tesla, because our cars are connected, because they are essentially computers on wheels, there's enormous amounts of data that we have available to us to be able to assess the attributes of a driver who's operating that car, and whether those attributes correlate with safety. Because we do get a signal when a car has been in an accident. So, we've been spending our time looking at hundreds of different variables and also looking at billions of miles of driving history. And we've been able to fit a model that is able to predict with decent accuracy the probability of collision over a period of time. And the model is not perfect.\n</blockquote>\n<blockquote>\n The model is a function of the data that we have available. That dataset continues to grow. We continue to experiment with new variables, but we do have a model that works pretty well, so far. And from that model being able to predict frequency of collision, we can then align that against the price curve. \n <b>And we can have individualized pricing integrated into the car, integrated into the app, integrated into that customer's experience.</b>With the feedback loop back to the customer on how they are driving after every drive, the attributes that they were successful on or unsuccessful on, and the tips of things that they can do to improve their safety.\n</blockquote>\n<p>Kirkhorn also addressed potential costs rising as a result of growing raw material pricing:</p>\n<blockquote>\n Our primary exposure right now is around nickel and aluminum, nickel on the cell, aluminum on non-cell. And we have a mixture of contracts with various suppliers. In some materials, we contract directly and we have full exposure to price fluctuations. We do have a number of long-term commitments and long-term contracts in place. We also have contracts where there's some amount of cost -sharing based upon the movement of indexes. And so, as these have been moving, some of those costs have been flowing through to us. It's unsubstantial amount of cost, but it's not small.\n</blockquote>\n<blockquote>\n As we look towards the next year, \n <b>I certainly hope it doesn't play out this way, but it's possible that we continue to see more of cost headwind</b>, as a result of these movements. It's difficult to say precisely, but the volatility in the increases are just substantial. So substantial. And there are certain suppliers that maybe up to a certain point have been absorbing some of the increase.\n</blockquote>\n<p>And finally he praised the company's supply chain team for&nbsp;<b>navigating the chip crisis</b>:</p>\n<blockquote>\n I want to thank our supply chain team for their incredible work and our production teams for showing impressive flexibility as we make adjustments real-time. \n <b>These teams' expertise in the chip industry across all tiers has made a huge difference</b>in managing through these challenges. Additionally, we never reduced our production forecast with our suppliers as we're adding capacity as quickly as possible.\n</blockquote>\n<p>Analysts also weighed in on Thursday morning with their take on both the report, and the call. Courtesy of&nbsp;<i><b>Bloomberg</b></i>, here are their takes:</p>\n<blockquote>\n <ul>\n  <li><p><b>Cowen (Marketperform, PT to $625 from $580)</b></p>\n   <ul>\n    <li><p>Says guidance continues to be “vague,” highlights wide gap between Tesla’s “over 50% delivery growth in ‘22” target and consensus for more than 70% growth</p></li>\n   </ul></li>\n  <li><p><b>Morgan Stanley (Overweight, PT $900)</b></p>\n   <ul>\n    <li><p>Says annualized Ebitda approaching $13b, closing in on levels of GM and Ford, but notes revenue being just a fraction of those traditional automakers</p></li>\n    <li><p>Says lowering dependency on Fremont plan is a further plus for margins</p></li>\n   </ul></li>\n  <li><p><b>Wedbush (Outperform, PT to $1,100 from $1,000)</b></p>\n   <ul>\n    <li><p>“We also believe the scale and scope of Giga Austin will enable Tesla to further expand margins markedly over time and will alleviate the supply bottleneck”</p></li>\n    <li><p>Sees China representing 40%+ of global deliveries for Tesla in 2022</p></li>\n   </ul></li>\n  <li><p><b>Piper Sandler (Overweight, Street high PT $1,200)</b></p>\n   <ul>\n    <li><p>On margins, says 3Q will probably represent “the high-water mark,” at least for the next few quarters</p></li>\n    <li><p>Cites stock underperformance to rally in run up to the results</p></li>\n   </ul></li>\n  <li><p><b>JPMorgan (Underweight, PT to $250 from $210)</b></p>\n   <ul>\n    <li><p>Says investors it chatted with were looking for an update on the ramp of production in Austin and Berlin</p></li>\n    <li><p>Still believes current valuation of over $800b “challenging”</p></li>\n   </ul></li>\n </ul>\n</blockquote>\n<p>Recall, we published a&nbsp;full report on Tesla's Q3 earnings here.</p>\n<p><img src=\"https://static.tigerbbs.com/ef1dc6ea27302a920d2cc27075e2954a\" tg-width=\"1059\" tg-height=\"560\" referrerpolicy=\"no-referrer\"></p>\n<p>For the third quarter, Tesla posted:</p>\n<ul>\n <li><p>Revenue $13.76BN,&nbsp;<i><b>missing</b></i>&nbsp;the est $13.91B</p></li>\n <li><p>Adjusted EPS $1.86,&nbsp;<i><b>beating</b></i>&nbsp;the est 1.67c</p></li>\n <li><p>Free Cash Flow $1.328BN,&nbsp;<i><b>missing</b></i>&nbsp;the estimate of $1.38BN</p></li>\n <li><p>Automotive gross margin 30.5%,&nbsp;<i><b>beating</b></i>&nbsp;the estimate of 28.4% and up Y/Y from 27.7%</p>\n  <ul>\n   <li><p>GAAP automotive gross margin 28.8%,&nbsp;<i><b>beating</b></i>the estimate of Exp. 26.4%</p></li>\n  </ul></li>\n <li><p>CapEx $1.828BN,&nbsp;<i><b>missing</b></i>&nbsp;the estimate of $1.37BN</p></li>\n <li><p>Cash and cash equivalents of $16.065BN,&nbsp;<i><b>missing</b></i>&nbsp;the estimate $16.88 billion</p></li>\n</ul>\n<p>Tesla said it had its “best-ever” net income, while it actually lowered prices in the third quarter.&nbsp;<b>“Our operating margin reached an all-time high as we continue to reduce cost at a higher rate than declines in ASP,” the company said.</b></p>\n<p>Of note, unlike previous quarter when virtually all the profit came from the sale of regulatory credits, in Q3 the situation normalized somewhat with just $279MM from regulatory credits, a 30% drop Y/Y and a fraction of the GAAP Net Income of $1.618BN.</p>\n<p>Amusingly, Tesla announced that in Q3 it suffered a Bitcoin-related impairment of $51M, which however we are confident has been fully reversed by now. Tesla's holdings of “digital assets” totaled $1.26 billion at the end of the quarter. That is down from $1.311 billion in the previous quarter, or $51 million, the amount it reported as a “Bitcoin-related impairment” and which will no appear as a benefit thanks to the surge in the price of bitcoin.</p>\n<p><img src=\"https://static.tigerbbs.com/b7a251c7dc295e75612621313a58b673\" tg-width=\"500\" tg-height=\"298\" referrerpolicy=\"no-referrer\">The company also reported what we already knew - that it produced and delivered some 240,000 vehicles, while \"reaching an operating margin of 14.6%, exceeding our medium-term guidance of “operating margin in low-teens.” The company proudly noted that \"this level of profitability was achieved while ASP decreased by 6% YoY in Q3 due to continued mix shift towards lower-priced vehicles.\" In Q3, Tesla's operating margin reached an all-time high \"as we continue to reduce cost at a higher rate than declines in ASP. \"</p>\n<p>Looking ahead, Tesla said that it plans to grow its manufacturing capacity as quickly as possible but the growth will be determined by supply chain shortages: \"Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries.&nbsp;<b>The rate of growth will depend on our equipment capacity, operational efficiency and the capacity and stability of the supply chain.\"</b></p>","source":"lsy1583725640930","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Shares Shrug As Musk-Less Call Offers Dry Details On Expansion, Insurance, Full Self Driving</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Shares Shrug As Musk-Less Call Offers Dry Details On Expansion, Insurance, Full Self Driving\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 21:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/musk-less-tesla-conference-call-offers-details-expansion-insurance-full-self-driving><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you noticed there was a lack of mumbling, half-sentences and outright bullshiton the Tesla conference call last night, it may have something to do with the fact that CEO Elon Musk didn't make an ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/musk-less-tesla-conference-call-offers-details-expansion-insurance-full-self-driving\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/musk-less-tesla-conference-call-offers-details-expansion-insurance-full-self-driving","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181541512","content_text":"If you noticed there was a lack of mumbling, half-sentences and outright bullshiton the Tesla conference call last night, it may have something to do with the fact that CEO Elon Musk didn't make an appearance on the call. It marks the first time in the company's history that Musk was not on the conference call.\nOf course, the positive of Musk not being on the call is that whoever is acting as the company's general counsel that week can likely breathe a sign of relief. The negative is that most of the company's cultist supporters, who turn in to hear every last brain fart that Musk is able to conjure up on the fly, may be disappointed.\nOr, as Reuters put it, Musk's absence is \"likely to turn Tesla's quarterly calls into more staid reviews of business than unpredictable platforms for the celebrity CEO's latest thoughts.\" Musk follows in the footsteps of executives like Jeff Bezos and Steve Jobs, who would also routinely opt-out of their respective companies' conference calls.\nMusk had warned over the summer that \"unless there's something really important that I need to say,\" he wouldn't be on the calls going forward. Musk has recently been directing a lot of his focus to SpaceX. The call itself touched on a number of topics.\nSpeaking about expansion, CFO Zach Kirkhorn said:\n\n Our goal as a Company here is to grow on an average pace of 50% per year. And so, you can extrapolate that out. There may be some periods of time in which we're well ahead of that. There could be some periods of time, despite best efforts, where we're slightly lower than that. But that remains the long-term goal of the Company. In Fremont, we're continuing to push the boundaries of what's possible there. Over the last 12 months, we've done about 430,000 cars of production. And based upon everything that we know in the factory where the bottlenecks are, what the potential is, we’re targeting to increase that another 50%.\n\n\n ...\n\n\n Austin and Berlin are interesting factories because our first iterations of capacity there are on Model Y. But we've intentionally set these factories and locations in which they have a quite significant amount of land and ability to expand. And so, we'll take Model Y at these factories. We're trying to get to 5,000 cars a week as soon as we can. And then we'll continue to push beyond that, potentially even getting to 10,000 cars per week at those factories. And then we will add Cybertruck here in Austin and continue to grow from there.\n\nExecutives also seemed to take a kinder tone to the NHTSA investigation than CEO Musk may have. Lars Moravy, when asked about the investigation, replied:\n\n As we have been for years, we always engage with NHTSA and other worldwide regulatory bodies to share our knowledge and to work with them on our approaches on both active and passive safety. There are ongoing regulatory inquiries taking place all the time, and especially on the subjects. FSD, they're at the cutting edge of technology development. During these investigations, my team, myself, are always cooperative as much as possible.\n\n\n We expect and embrace the scrutiny of these products and know that the truth about their performance and the innovations our products have will ultimately be all that matters. In the end then as I've said on previous calls, we take safety as a top priority in all our designs. This is because our primary motivation is from an -- coming from a team of incredible engineers designing software and hardware that saves lives and prevents injuries.\n\n\n And doing so, we'll continue to be transparent to the public on how our technology is both developing from an autopilot safety data, the latest of which we just shared in the shareholder update. And you can also see in review a wide variety of customer post FSD videos on social media.\n\nThey also addressed longer wait times for service across the country and in Europe. CFO Kirkhorn said:\n\n We have seen an increase in service late times throughout the summer, and there's a couple of things that have contributed to that based upon the information that we had. The first is that I think this is not -- this is not unique to us is that the return to some sense of normalcy in a post-pandemic world has happened I think more quickly than most people expected.\n\n\n And what we're seeing here is that the number of miles that people are driving has increased. There may have been some demand for service during 2020 or in the early parts of 2021 that customers put off. And so, there's a bit of a catch-up that's occurring that has increased demand for service.\n\n\n At the same time, in the macro-environment here, logistics, moving parts, sourcing parts, has become increasingly more difficult, which is a well-known issue in the world right now, as well as challenges in the labor market. And so, there's this simultaneous increase in demand for service, where the ability to supply that service has been impacted for the reasons I mentioned.\n\n\n And so, we saw an uptick primarily in Europe and North America and service wait times over the course of the summer. And we've been working extremely hard since then to address this.\n\nKirkhorn ducked a question about Full Self Driving pricing:\n\n I'll take the second part of the question first, \n we won't be providing any forward-looking commentaryon our pricing strategy or what may happen here over the near term. With respect to the first part of the question, it has been an interesting thing for us to impact within the Company.\n\nHe also talked about the coming Tesla insurance product, which will take Tesla's \"Safety Score\" that it is using to grade FSD beta testers and use it ostensibly to price insurance:\n\n At Tesla, because our cars are connected, because they are essentially computers on wheels, there's enormous amounts of data that we have available to us to be able to assess the attributes of a driver who's operating that car, and whether those attributes correlate with safety. Because we do get a signal when a car has been in an accident. So, we've been spending our time looking at hundreds of different variables and also looking at billions of miles of driving history. And we've been able to fit a model that is able to predict with decent accuracy the probability of collision over a period of time. And the model is not perfect.\n\n\n The model is a function of the data that we have available. That dataset continues to grow. We continue to experiment with new variables, but we do have a model that works pretty well, so far. And from that model being able to predict frequency of collision, we can then align that against the price curve. \n And we can have individualized pricing integrated into the car, integrated into the app, integrated into that customer's experience.With the feedback loop back to the customer on how they are driving after every drive, the attributes that they were successful on or unsuccessful on, and the tips of things that they can do to improve their safety.\n\nKirkhorn also addressed potential costs rising as a result of growing raw material pricing:\n\n Our primary exposure right now is around nickel and aluminum, nickel on the cell, aluminum on non-cell. And we have a mixture of contracts with various suppliers. In some materials, we contract directly and we have full exposure to price fluctuations. We do have a number of long-term commitments and long-term contracts in place. We also have contracts where there's some amount of cost -sharing based upon the movement of indexes. And so, as these have been moving, some of those costs have been flowing through to us. It's unsubstantial amount of cost, but it's not small.\n\n\n As we look towards the next year, \n I certainly hope it doesn't play out this way, but it's possible that we continue to see more of cost headwind, as a result of these movements. It's difficult to say precisely, but the volatility in the increases are just substantial. So substantial. And there are certain suppliers that maybe up to a certain point have been absorbing some of the increase.\n\nAnd finally he praised the company's supply chain team for navigating the chip crisis:\n\n I want to thank our supply chain team for their incredible work and our production teams for showing impressive flexibility as we make adjustments real-time. \n These teams' expertise in the chip industry across all tiers has made a huge differencein managing through these challenges. Additionally, we never reduced our production forecast with our suppliers as we're adding capacity as quickly as possible.\n\nAnalysts also weighed in on Thursday morning with their take on both the report, and the call. Courtesy of Bloomberg, here are their takes:\n\n\nCowen (Marketperform, PT to $625 from $580)\n\nSays guidance continues to be “vague,” highlights wide gap between Tesla’s “over 50% delivery growth in ‘22” target and consensus for more than 70% growth\n\nMorgan Stanley (Overweight, PT $900)\n\nSays annualized Ebitda approaching $13b, closing in on levels of GM and Ford, but notes revenue being just a fraction of those traditional automakers\nSays lowering dependency on Fremont plan is a further plus for margins\n\nWedbush (Outperform, PT to $1,100 from $1,000)\n\n“We also believe the scale and scope of Giga Austin will enable Tesla to further expand margins markedly over time and will alleviate the supply bottleneck”\nSees China representing 40%+ of global deliveries for Tesla in 2022\n\nPiper Sandler (Overweight, Street high PT $1,200)\n\nOn margins, says 3Q will probably represent “the high-water mark,” at least for the next few quarters\nCites stock underperformance to rally in run up to the results\n\nJPMorgan (Underweight, PT to $250 from $210)\n\nSays investors it chatted with were looking for an update on the ramp of production in Austin and Berlin\nStill believes current valuation of over $800b “challenging”\n\n\n\nRecall, we published a full report on Tesla's Q3 earnings here.\n\nFor the third quarter, Tesla posted:\n\nRevenue $13.76BN, missing the est $13.91B\nAdjusted EPS $1.86, beating the est 1.67c\nFree Cash Flow $1.328BN, missing the estimate of $1.38BN\nAutomotive gross margin 30.5%, beating the estimate of 28.4% and up Y/Y from 27.7%\n\nGAAP automotive gross margin 28.8%, beatingthe estimate of Exp. 26.4%\n\nCapEx $1.828BN, missing the estimate of $1.37BN\nCash and cash equivalents of $16.065BN, missing the estimate $16.88 billion\n\nTesla said it had its “best-ever” net income, while it actually lowered prices in the third quarter. “Our operating margin reached an all-time high as we continue to reduce cost at a higher rate than declines in ASP,” the company said.\nOf note, unlike previous quarter when virtually all the profit came from the sale of regulatory credits, in Q3 the situation normalized somewhat with just $279MM from regulatory credits, a 30% drop Y/Y and a fraction of the GAAP Net Income of $1.618BN.\nAmusingly, Tesla announced that in Q3 it suffered a Bitcoin-related impairment of $51M, which however we are confident has been fully reversed by now. Tesla's holdings of “digital assets” totaled $1.26 billion at the end of the quarter. That is down from $1.311 billion in the previous quarter, or $51 million, the amount it reported as a “Bitcoin-related impairment” and which will no appear as a benefit thanks to the surge in the price of bitcoin.\nThe company also reported what we already knew - that it produced and delivered some 240,000 vehicles, while \"reaching an operating margin of 14.6%, exceeding our medium-term guidance of “operating margin in low-teens.” The company proudly noted that \"this level of profitability was achieved while ASP decreased by 6% YoY in Q3 due to continued mix shift towards lower-priced vehicles.\" In Q3, Tesla's operating margin reached an all-time high \"as we continue to reduce cost at a higher rate than declines in ASP. \"\nLooking ahead, Tesla said that it plans to grow its manufacturing capacity as quickly as possible but the growth will be determined by supply chain shortages: \"Over a multi-year horizon, we expect to achieve 50% average annual growth in vehicle deliveries. The rate of growth will depend on our equipment capacity, operational efficiency and the capacity and stability of the supply chain.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864746961,"gmtCreate":1633154767341,"gmtModify":1633154767966,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hi pls like n comments&nbsp;","listText":"Hi pls like n comments&nbsp;","text":"Hi pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/864746961","repostId":"2172618769","repostType":4,"repost":{"id":"2172618769","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":1633152083,"share":"https://www.laohu8.com/m/news/2172618769?lang=&edition=full","pubTime":"2021-10-02 13:21","market":"us","language":"en","title":"Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2172618769","media":"Dow Jones","summary":"Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping. When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than d","content":"<p>Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping</p>\n<p>When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.</p>\n<p>One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders.</p>\n<p>Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter.</p>\n<p>Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers</p>\n<p>Wall Street doesn't like Kroger</p>\n<p>While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others, as well as Kroger, Wall Street is more skeptical.</p>\n<p>Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios.</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Market cap. ($mil)</td>\n   <td>Forward P/E</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>$422,424</td>\n   <td>24.9</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>$32,467</td>\n   <td>15.0</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>$13,688</td>\n   <td>13.5</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>$2,767</td>\n   <td>12.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td>\n   <td>$2,565</td>\n   <td>27.9</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td>\n   <td>$1,502</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>$1,033</td>\n   <td>16.5</td>\n  </tr>\n  <tr>\n   <td>Ingles Markets Inc. Class A IMKTA</td>\n   <td>$917</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Natural Grocers by Vitamin Cottage Inc. NGVC</td>\n   <td>$264</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td>\n   <td>$233</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td>For comparison, the S&amp;P 500 index</td>\n   <td>has a weighted forward P/E of 21.4, according to FactSet.</td>\n  </tr>\n </tbody>\n</table>\n<p>There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst.</p>\n<p>For the six companies covered by at least four analysts, here's a summary of ratings and price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Share</td>\n   <td>neutral ratings</td>\n   <td>Share \"sell\" ratings</td>\n   <td>Closing price -- Aug. 16</td>\n   <td>Consensus price target</td>\n   <td>implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>75%</td>\n   <td>19%</td>\n   <td>6%</td>\n   <td>$152.34</td>\n   <td>$165.10</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>21%</td>\n   <td>54%</td>\n   <td>25%</td>\n   <td>$45.43</td>\n   <td>$38.49</td>\n   <td>-15%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>55%</td>\n   <td>40%</td>\n   <td>5%</td>\n   <td>$30.04</td>\n   <td>$25.28</td>\n   <td>-16%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc.</td>\n   <td>25%</td>\n   <td>50%</td>\n   <td>25%</td>\n   <td>$24.55</td>\n   <td>$26.50</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp.</td>\n   <td>33%</td>\n   <td>60%</td>\n   <td>7%</td>\n   <td>$26.63</td>\n   <td>$34.36</td>\n   <td>29%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Arko Corp.</td>\n   <td>100%</td>\n   <td>0%</td>\n   <td>0%</td>\n   <td>$8.15</td>\n   <td>$13.25</td>\n   <td>63%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings.</p>\n<p>Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR):</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected sales CAGR</td>\n   <td>Est. sales -- 2020</td>\n   <td>Est. sales -- 2021</td>\n   <td>Est. sales -- 2022</td>\n   <td>Est. sales -- 2023</td>\n   <td>Est. sales -- 2024</td>\n   <td>Est. sales -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>2.2%</td>\n   <td>$556,334</td>\n   <td>$555,252</td>\n   <td>$569,243</td>\n   <td>$589,791</td>\n   <td>$607,056</td>\n   <td>$619,743</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>2.2%</td>\n   <td>$131,133</td>\n   <td>$132,473</td>\n   <td>$134,412</td>\n   <td>$136,506</td>\n   <td>$141,695</td>\n   <td>$146,252</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>1.8%</td>\n   <td>$68,664</td>\n   <td>$67,714</td>\n   <td>$68,412</td>\n   <td>$70,006</td>\n   <td>$72,540</td>\n   <td>$75,056</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>5.6%</td>\n   <td>$6,468</td>\n   <td>$6,202</td>\n   <td>$6,665</td>\n   <td>$7,230</td>\n   <td>$7,826</td>\n   <td>$8,491</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>7.4%</td>\n   <td>$3,135</td>\n   <td>$3,104</td>\n   <td>$3,444</td>\n   <td>$3,842</td>\n   <td>$4,068</td>\n   <td>$4,477</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>18.3%</td>\n   <td>$3,911</td>\n   <td>$7,366</td>\n   <td>$7,749</td>\n   <td>$8,299</td>\n   <td>$8,713</td>\n   <td>$9,060</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates.</p>\n<p>Kroger is in the bottom half of that list.</p>\n<p>Even if a company's profits are increasing slowly, its earnings per share can be boosted if it buys back enough stock to lower the average share count. Kroger announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation.</p>\n<p>Here's a set of estimates for earnings per share, with projected CAGR:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected EPS CAGR</td>\n   <td>Est. net income -- 2020</td>\n   <td>Est. net income -- 2021</td>\n   <td>Est. net income -- 2022</td>\n   <td>Est. net income -- 2023</td>\n   <td>Est. net income -- 2024</td>\n   <td>Est. net income -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>7.2%</td>\n   <td>$5.44</td>\n   <td>$5.96</td>\n   <td>$6.30</td>\n   <td>$6.85</td>\n   <td>$7.38</td>\n   <td>$7.70</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>0.4%</td>\n   <td>$3.37</td>\n   <td>$3.10</td>\n   <td>$3.06</td>\n   <td>$3.13</td>\n   <td>$3.36</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>-1.1%</td>\n   <td>$2.79</td>\n   <td>$2.36</td>\n   <td>$2.21</td>\n   <td>$2.34</td>\n   <td>$2.48</td>\n   <td>$2.63</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>6.7%</td>\n   <td>$2.48</td>\n   <td>$1.97</td>\n   <td>$2.08</td>\n   <td>$2.34</td>\n   <td>$2.90</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>3.9%</td>\n   <td>$1.15</td>\n   <td>$0.88</td>\n   <td>$1.01</td>\n   <td>$1.14</td>\n   <td>$1.23</td>\n   <td>$1.39</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>24.7%</td>\n   <td>$0.27</td>\n   <td>$0.35</td>\n   <td>$0.43</td>\n   <td>$0.53</td>\n   <td>$0.67</td>\n   <td>$0.81</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR.</p>\n<p>So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner.</p>\n<p>Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves</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>Warren Buffett bucks Wall Street by adding more Kroger stock to his portfolio</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWarren Buffett bucks Wall Street by adding more Kroger stock to his portfolio\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\">2021-10-02 13:21</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping</p>\n<p>When investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.</p>\n<p>One reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders.</p>\n<p>Berkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter.</p>\n<p>Read:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers</p>\n<p>Wall Street doesn't like Kroger</p>\n<p>While Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others, as well as Kroger, Wall Street is more skeptical.</p>\n<p>Within the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios.</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Market cap. ($mil)</td>\n   <td>Forward P/E</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>$422,424</td>\n   <td>24.9</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>$32,467</td>\n   <td>15.0</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>$13,688</td>\n   <td>13.5</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>$2,767</td>\n   <td>12.3</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/GO\">Grocery Outlet Holding</a> Corp. GO</td>\n   <td>$2,565</td>\n   <td>27.9</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/WMK\">Weis Markets Inc</a>. WMK</td>\n   <td>$1,502</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>$1,033</td>\n   <td>16.5</td>\n  </tr>\n  <tr>\n   <td>Ingles Markets Inc. Class A IMKTA</td>\n   <td>$917</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Natural Grocers by Vitamin Cottage Inc. NGVC</td>\n   <td>$264</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/VLGEA\">Village Super Market</a> Inc. Class A VLGEA</td>\n   <td>$233</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td>For comparison, the S&amp;P 500 index</td>\n   <td>has a weighted forward P/E of 21.4, according to FactSet.</td>\n  </tr>\n </tbody>\n</table>\n<p>There are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. <a href=\"https://laohu8.com/S/NGVC\">$(NGVC)$</a> is covered by only <a href=\"https://laohu8.com/S/AONE.U\">one</a> analyst.</p>\n<p>For the six companies covered by at least four analysts, here's a summary of ratings and price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Share</td>\n   <td>neutral ratings</td>\n   <td>Share \"sell\" ratings</td>\n   <td>Closing price -- Aug. 16</td>\n   <td>Consensus price target</td>\n   <td>implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>75%</td>\n   <td>19%</td>\n   <td>6%</td>\n   <td>$152.34</td>\n   <td>$165.10</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>21%</td>\n   <td>54%</td>\n   <td>25%</td>\n   <td>$45.43</td>\n   <td>$38.49</td>\n   <td>-15%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>55%</td>\n   <td>40%</td>\n   <td>5%</td>\n   <td>$30.04</td>\n   <td>$25.28</td>\n   <td>-16%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc.</td>\n   <td>25%</td>\n   <td>50%</td>\n   <td>25%</td>\n   <td>$24.55</td>\n   <td>$26.50</td>\n   <td>8%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp.</td>\n   <td>33%</td>\n   <td>60%</td>\n   <td>7%</td>\n   <td>$26.63</td>\n   <td>$34.36</td>\n   <td>29%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Arko Corp.</td>\n   <td>100%</td>\n   <td>0%</td>\n   <td>0%</td>\n   <td>$8.15</td>\n   <td>$13.25</td>\n   <td>63%</td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Among these six stocks, Walmart Inc. <a href=\"https://laohu8.com/S/WMT\">$(WMT)$</a>, Albertsons Cos. <a href=\"https://laohu8.com/S/ACI.UK\">$(ACI.UK)$</a> and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> -- Kroger and Sprouts Farmers Markets Inc. <a href=\"https://laohu8.com/S/SFM\">$(SFM)$</a> -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&amp;P 500 have 25% or more \"sell\" ratings.</p>\n<p>Here's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR):</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected sales CAGR</td>\n   <td>Est. sales -- 2020</td>\n   <td>Est. sales -- 2021</td>\n   <td>Est. sales -- 2022</td>\n   <td>Est. sales -- 2023</td>\n   <td>Est. sales -- 2024</td>\n   <td>Est. sales -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>2.2%</td>\n   <td>$556,334</td>\n   <td>$555,252</td>\n   <td>$569,243</td>\n   <td>$589,791</td>\n   <td>$607,056</td>\n   <td>$619,743</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>2.2%</td>\n   <td>$131,133</td>\n   <td>$132,473</td>\n   <td>$134,412</td>\n   <td>$136,506</td>\n   <td>$141,695</td>\n   <td>$146,252</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>1.8%</td>\n   <td>$68,664</td>\n   <td>$67,714</td>\n   <td>$68,412</td>\n   <td>$70,006</td>\n   <td>$72,540</td>\n   <td>$75,056</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>5.6%</td>\n   <td>$6,468</td>\n   <td>$6,202</td>\n   <td>$6,665</td>\n   <td>$7,230</td>\n   <td>$7,826</td>\n   <td>$8,491</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>7.4%</td>\n   <td>$3,135</td>\n   <td>$3,104</td>\n   <td>$3,444</td>\n   <td>$3,842</td>\n   <td>$4,068</td>\n   <td>$4,477</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>18.3%</td>\n   <td>$3,911</td>\n   <td>$7,366</td>\n   <td>$7,749</td>\n   <td>$8,299</td>\n   <td>$8,713</td>\n   <td>$9,060</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>For sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates.</p>\n<p>Kroger is in the bottom half of that list.</p>\n<p>Even if a company's profits are increasing slowly, its earnings per share can be boosted if it buys back enough stock to lower the average share count. Kroger announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation.</p>\n<p>Here's a set of estimates for earnings per share, with projected CAGR:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Projected EPS CAGR</td>\n   <td>Est. net income -- 2020</td>\n   <td>Est. net income -- 2021</td>\n   <td>Est. net income -- 2022</td>\n   <td>Est. net income -- 2023</td>\n   <td>Est. net income -- 2024</td>\n   <td>Est. net income -- 2025</td>\n  </tr>\n  <tr>\n   <td>Walmart Inc. WMT</td>\n   <td>7.2%</td>\n   <td>$5.44</td>\n   <td>$5.96</td>\n   <td>$6.30</td>\n   <td>$6.85</td>\n   <td>$7.38</td>\n   <td>$7.70</td>\n  </tr>\n  <tr>\n   <td>Kroger Co. KR</td>\n   <td>0.4%</td>\n   <td>$3.37</td>\n   <td>$3.10</td>\n   <td>$3.06</td>\n   <td>$3.13</td>\n   <td>$3.36</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Albertsons Cos. Inc. Class A ACI</td>\n   <td>-1.1%</td>\n   <td>$2.79</td>\n   <td>$2.36</td>\n   <td>$2.21</td>\n   <td>$2.34</td>\n   <td>$2.48</td>\n   <td>$2.63</td>\n  </tr>\n  <tr>\n   <td>Sprouts Farmers Markets Inc. SFM</td>\n   <td>6.7%</td>\n   <td>$2.48</td>\n   <td>$1.97</td>\n   <td>$2.08</td>\n   <td>$2.34</td>\n   <td>$2.90</td>\n   <td>$3.43</td>\n  </tr>\n  <tr>\n   <td>Grocery Outlet Holding Corp. GO</td>\n   <td>3.9%</td>\n   <td>$1.15</td>\n   <td>$0.88</td>\n   <td>$1.01</td>\n   <td>$1.14</td>\n   <td>$1.23</td>\n   <td>$1.39</td>\n  </tr>\n  <tr>\n   <td>Arko Corp. ARKO</td>\n   <td>24.7%</td>\n   <td>$0.27</td>\n   <td>$0.35</td>\n   <td>$0.43</td>\n   <td>$0.53</td>\n   <td>$0.67</td>\n   <td>$0.81</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>As you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR.</p>\n<p>So a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner.</p>\n<p>Don't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KR":"克罗格","WMT":"沃尔玛","SFM":"Sprouts Farmers Market Inc","ACI":"艾伯森"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2172618769","content_text":"Kroger can be seen as both a value pick and a long-term play on the transformation of food shopping\nWhen investors think about the supermarket industry, dynamic growth probably doesn't come to mind. But Berkshire Hathaway CEO Warren Buffett loves Kroger.\nOne reason may be that the stock is cheaply priced relative to earnings estimates. Another is that Kroger Co. KR is ramping up online sales; digital sales increased 16% in the fiscal first quarter ended May 22 from a year earlier and more than doubled from two years earlier. More growth could come from the food retailer's plans to build fulfillment centers to handle digital orders.\nBerkshire Hathaway Inc. (BRKA)(BRKA) purchased nearly 11 million shares of Kroger in the second quarter, according to its latest 13F report with the Securities and Exchange Commission. That brings its stake to 61.8 million shares, or about 8.3% of shares outstanding as of May 22, the end of Kroger's fiscal first quarter.\nRead:Warren Buffett's Berkshire Hathaway buys Kroger, cuts stakes in drug makers\nWall Street doesn't like Kroger\nWhile Berkshire appears fond of Kroger, which operates as Harris Teeter, Fred Keyer and King Soopers, among others, as well as Kroger, Wall Street is more skeptical.\nWithin the Russell 3000 Index, which represents about 98% of the U.S. stock market by market capitalization, there are only 10 companies in the \"food retail\" industry group, according to FactSet. Here they are, sorted by market capitalization, along with forward price-to-earnings ratios.\n\n\n\nCompany\nMarket cap. ($mil)\nForward P/E\n\n\nWalmart Inc. WMT\n$422,424\n24.9\n\n\nKroger Co. KR\n$32,467\n15.0\n\n\nAlbertsons Cos. Inc. Class A ACI\n$13,688\n13.5\n\n\nSprouts Farmers Markets Inc. SFM\n$2,767\n12.3\n\n\nGrocery Outlet Holding Corp. GO\n$2,565\n27.9\n\n\nWeis Markets Inc. WMK\n$1,502\nN/A\n\n\nArko Corp. ARKO\n$1,033\n16.5\n\n\nIngles Markets Inc. Class A IMKTA\n$917\nN/A\n\n\nNatural Grocers by Vitamin Cottage Inc. NGVC\n$264\nN/A\n\n\nVillage Super Market Inc. Class A VLGEA\n$233\nN/A\n\n\nSource: FactSet\n\n\n\n\n\nFor comparison, the S&P 500 index\nhas a weighted forward P/E of 21.4, according to FactSet.\n\n\n\nThere are no P/E ratios for four of these companies because consensus earnings estimates aren't available. Three aren't covered by any analysts polled by FactSet, while Natural Grocers by Vitamin Cottage Inc. $(NGVC)$ is covered by only one analyst.\nFor the six companies covered by at least four analysts, here's a summary of ratings and price targets:\n\n\n\nCompany\nShare \"buy\" ratings\nShare\nneutral ratings\nShare \"sell\" ratings\nClosing price -- Aug. 16\nConsensus price target\nimplied 12-month upside potential\n\n\nWalmart Inc. WMT\n75%\n19%\n6%\n$152.34\n$165.10\n8%\n\n\n\nKroger Co. KR\n21%\n54%\n25%\n$45.43\n$38.49\n-15%\n\n\n\nAlbertsons Cos. Inc. Class A ACI\n55%\n40%\n5%\n$30.04\n$25.28\n-16%\n\n\n\nSprouts Farmers Markets Inc.\n25%\n50%\n25%\n$24.55\n$26.50\n8%\n\n\n\nGrocery Outlet Holding Corp.\n33%\n60%\n7%\n$26.63\n$34.36\n29%\n\n\n\nArko Corp.\n100%\n0%\n0%\n$8.15\n$13.25\n63%\n\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\n\nAmong these six stocks, Walmart Inc. $(WMT)$, Albertsons Cos. $(ACI.UK)$ and Arko Corp. (ARKO.TV) have majority \"buy\" or equivalent ratings, with Albertson trading well above the consensus target price.\nTwo -- Kroger and Sprouts Farmers Markets Inc. $(SFM)$ -- have 25% \"sell\" or equivalent ratings. That is a dubious distinction, considering that analysts who work for brokerage firms tend to shy away from negative ratings. Only 5% of the S&P 500 have 25% or more \"sell\" ratings.\nHere's a look at sales estimates (in millions) for the group of six food retailers for calendar years going out to 2025, with projected compound annual growth rates (CAGR):\n\n\n\nCompany\nProjected sales CAGR\nEst. sales -- 2020\nEst. sales -- 2021\nEst. sales -- 2022\nEst. sales -- 2023\nEst. sales -- 2024\nEst. sales -- 2025\n\n\nWalmart Inc. WMT\n2.2%\n$556,334\n$555,252\n$569,243\n$589,791\n$607,056\n$619,743\n\n\nKroger Co. KR\n2.2%\n$131,133\n$132,473\n$134,412\n$136,506\n$141,695\n$146,252\n\n\nAlbertsons Cos. Inc. Class A ACI\n1.8%\n$68,664\n$67,714\n$68,412\n$70,006\n$72,540\n$75,056\n\n\nSprouts Farmers Markets Inc. SFM\n5.6%\n$6,468\n$6,202\n$6,665\n$7,230\n$7,826\n$8,491\n\n\nGrocery Outlet Holding Corp. GO\n7.4%\n$3,135\n$3,104\n$3,444\n$3,842\n$4,068\n$4,477\n\n\nArko Corp. ARKO\n18.3%\n$3,911\n$7,366\n$7,749\n$8,299\n$8,713\n$9,060\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\n\nFor sales and earnings, we are using estimates for 2020 because some fiscal periods don't even match calendar quarter-end dates.\nKroger is in the bottom half of that list.\nEven if a company's profits are increasing slowly, its earnings per share can be boosted if it buys back enough stock to lower the average share count. Kroger announced a new $1 billion share buyback program in June. This means the company's board of directors is confident the supermarket chain will have plenty of free cash flow beyond what it will need to fund its planned digital transformation.\nHere's a set of estimates for earnings per share, with projected CAGR:\n\n\n\nCompany\nProjected EPS CAGR\nEst. net income -- 2020\nEst. net income -- 2021\nEst. net income -- 2022\nEst. net income -- 2023\nEst. net income -- 2024\nEst. net income -- 2025\n\n\nWalmart Inc. WMT\n7.2%\n$5.44\n$5.96\n$6.30\n$6.85\n$7.38\n$7.70\n\n\nKroger Co. KR\n0.4%\n$3.37\n$3.10\n$3.06\n$3.13\n$3.36\n$3.43\n\n\nAlbertsons Cos. Inc. Class A ACI\n-1.1%\n$2.79\n$2.36\n$2.21\n$2.34\n$2.48\n$2.63\n\n\nSprouts Farmers Markets Inc. SFM\n6.7%\n$2.48\n$1.97\n$2.08\n$2.34\n$2.90\n$3.43\n\n\nGrocery Outlet Holding Corp. GO\n3.9%\n$1.15\n$0.88\n$1.01\n$1.14\n$1.23\n$1.39\n\n\nArko Corp. ARKO\n24.7%\n$0.27\n$0.35\n$0.43\n$0.53\n$0.67\n$0.81\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\n\nAs you can see, Kroger is expected to see an earnings decline. Rival Walmart is expected to achieve a respectable EPS CAGR.\nSo a lot is riding on Kroger's big bet that people will increasingly shop for food online instead of walking the store aisles. Buffett is a believer, and when considering how much shopping habits have changed for non-food items, he may have picked another long-term winner.\nDon't miss: These stocks provide a better way to invest in the electric-vehicle revolution than the car makers themselves","news_type":1},"isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867267121,"gmtCreate":1633273838499,"gmtModify":1633273839136,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/867267121","repostId":"1181558340","repostType":4,"repost":{"id":"1181558340","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":1633270535,"share":"https://www.laohu8.com/m/news/1181558340?lang=&edition=full","pubTime":"2021-10-03 22:15","market":"us","language":"en","title":"Here is Top 20 S&P 500 winners in the third-quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1181558340","media":"Tiger Newspress","summary":"The S&P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quart","content":"<p>The S&amp;P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quarter.</p>\n<p>Lots&nbsp;of&nbsp;stocks’ gains for the year were offset by the September slump.But&nbsp;there&nbsp;are&nbsp;some&nbsp;stocks helped keep the market afloat .</p>\n<p>CNBC ranked the top performers in S&amp;P&nbsp;500 index for the&nbsp;third quarter using data from FactSet. The top 20 are dominated by lesser-known names in health care, technology and financials. Energy, the only sector to finish higher in September, made a small appearance.</p>\n<p>Here are the biggest third-quarter winners in the S&amp;P 500:<img src=\"https://static.tigerbbs.com/dd6449e408f045d2210f515fa5677ab3\" tg-width=\"1048\" tg-height=\"1564\" referrerpolicy=\"no-referrer\"><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> generated the highest return in the S&amp;P for the third quarter, about 60%, as Covid-19 vaccines continued being rolled out to more people and talk of a Covid booster shot evolved. The vaccine maker’s stock popped after it announced it would test a combined Covid and flu vaccine.</p>\n<p>Also,&nbsp;Moderna is higher by a whopping 268% for the year.</p>\n<p><a href=\"https://laohu8.com/S/PAYC\">Paycom Software, Inc.</a>&nbsp;is only up about 8% for the year. Still, the payroll services company generated the second-largest returns for the quarter, about 36%, as people began reentering the workforce. Government stimulus targeted at mid-market and small businesses helped the firm as well, according to Oppenheimer’s Brian Schwartz.</p>\n<p><a href=\"https://laohu8.com/S/MPWR\">Monolithic Power Systems</a> a high-performance analog semiconductor company, was up 29% for the quarter and about 32% for the year.</p>\n<p>Quanta Services, a contracting services company, gained about 25% for the quarter. Stifel recently said the stock saw an impact from both lower oil prices and Covid-related shelter in place orders and that it anticipates some recovery in the market in the second half of the year.</p>\n<p>Oil prices dipped in the middle of the quarter but have been rallying since. While many of the top performers for the third quarter had a down month in September or eked out small gains, Quanta is up more than 11% for the month.</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>Here is Top 20 S&P 500 winners in the third-quarter</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\">\nHere is Top 20 S&P 500 winners in the third-quarter\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\">2021-10-03 22:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The S&amp;P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quarter.</p>\n<p>Lots&nbsp;of&nbsp;stocks’ gains for the year were offset by the September slump.But&nbsp;there&nbsp;are&nbsp;some&nbsp;stocks helped keep the market afloat .</p>\n<p>CNBC ranked the top performers in S&amp;P&nbsp;500 index for the&nbsp;third quarter using data from FactSet. The top 20 are dominated by lesser-known names in health care, technology and financials. Energy, the only sector to finish higher in September, made a small appearance.</p>\n<p>Here are the biggest third-quarter winners in the S&amp;P 500:<img src=\"https://static.tigerbbs.com/dd6449e408f045d2210f515fa5677ab3\" tg-width=\"1048\" tg-height=\"1564\" referrerpolicy=\"no-referrer\"><a href=\"https://laohu8.com/S/MRNA\">Moderna, Inc.</a> generated the highest return in the S&amp;P for the third quarter, about 60%, as Covid-19 vaccines continued being rolled out to more people and talk of a Covid booster shot evolved. The vaccine maker’s stock popped after it announced it would test a combined Covid and flu vaccine.</p>\n<p>Also,&nbsp;Moderna is higher by a whopping 268% for the year.</p>\n<p><a href=\"https://laohu8.com/S/PAYC\">Paycom Software, Inc.</a>&nbsp;is only up about 8% for the year. Still, the payroll services company generated the second-largest returns for the quarter, about 36%, as people began reentering the workforce. Government stimulus targeted at mid-market and small businesses helped the firm as well, according to Oppenheimer’s Brian Schwartz.</p>\n<p><a href=\"https://laohu8.com/S/MPWR\">Monolithic Power Systems</a> a high-performance analog semiconductor company, was up 29% for the quarter and about 32% for the year.</p>\n<p>Quanta Services, a contracting services company, gained about 25% for the quarter. Stifel recently said the stock saw an impact from both lower oil prices and Covid-related shelter in place orders and that it anticipates some recovery in the market in the second half of the year.</p>\n<p>Oil prices dipped in the middle of the quarter but have been rallying since. While many of the top performers for the third quarter had a down month in September or eked out small gains, Quanta is up more than 11% for the month.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MPWR":"Monolithic Power Systems","PWR":"广达公司","MRNA":"Moderna, Inc.","PAYC":"Paycom Software, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181558340","content_text":"The S&P 500 suffered worst month In September, but it still eked out a 0.2% gain for the third quarter.\nLots of stocks’ gains for the year were offset by the September slump.But there are some stocks helped keep the market afloat .\nCNBC ranked the top performers in S&P 500 index for the third quarter using data from FactSet. The top 20 are dominated by lesser-known names in health care, technology and financials. Energy, the only sector to finish higher in September, made a small appearance.\nHere are the biggest third-quarter winners in the S&P 500:Moderna, Inc. generated the highest return in the S&P for the third quarter, about 60%, as Covid-19 vaccines continued being rolled out to more people and talk of a Covid booster shot evolved. The vaccine maker’s stock popped after it announced it would test a combined Covid and flu vaccine.\nAlso, Moderna is higher by a whopping 268% for the year.\nPaycom Software, Inc. is only up about 8% for the year. Still, the payroll services company generated the second-largest returns for the quarter, about 36%, as people began reentering the workforce. Government stimulus targeted at mid-market and small businesses helped the firm as well, according to Oppenheimer’s Brian Schwartz.\nMonolithic Power Systems a high-performance analog semiconductor company, was up 29% for the quarter and about 32% for the year.\nQuanta Services, a contracting services company, gained about 25% for the quarter. Stifel recently said the stock saw an impact from both lower oil prices and Covid-related shelter in place orders and that it anticipates some recovery in the market in the second half of the year.\nOil prices dipped in the middle of the quarter but have been rallying since. While many of the top performers for the third quarter had a down month in September or eked out small gains, Quanta is up more than 11% for the month.","news_type":1},"isVote":1,"tweetType":1,"viewCount":203,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865670976,"gmtCreate":1632981291124,"gmtModify":1632981291760,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/865670976","repostId":"1104172212","repostType":4,"repost":{"id":"1104172212","pubTimestamp":1632965278,"share":"https://www.laohu8.com/m/news/1104172212?lang=&edition=full","pubTime":"2021-09-30 09:27","market":"us","language":"en","title":"2021 Global Market Outlook - Q4 Update: Growing Pains","url":"https://stock-news.laohu8.com/highlight/detail?id=1104172212","media":"seekingalpha","summary":"Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double","content":"<p><b>Summary</b></p>\n<ul>\n <li>The post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.</li>\n <li>The reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor.</li>\n <li>The key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter.</li>\n</ul>\n<p>The COVID-19 delta variant, inflation and central bank tapering are unnerving investors. <b>We expect the pandemic-recovery trade to resume as inflation subsides, infection rates decline and tapering turns out to not equal tightening. Amid this backdrop, our outlook favors equities over bonds, the value factor over the growth factor and non-U.S. stocks over U.S. stocks.</b></p>\n<p><b>Introduction</b></p>\n<p>The post-lockdown recovery has transitioned from energetic youthfulness to awkward adolescence. It’s still growing, although at a slower pace, and there are worries about what happens next, particularly about monetary policy and the outlook for inflation. Theinflation spikehas been larger than expected, but we still think it istransitory, caused by base effects from when the U.S. consumer price index (CPI) fell during the lockdown last year and by temporary supply bottlenecks. Inflation may remain high over the remainder of 2021 but should decline in early 2022. This means that even though the U.S. Federal Reserve (Fed) is likely to begin tapering back on asset purchases before the end of the year, rate hikes are unlikely before the second half of 2023.</p>\n<p>Another worry is thehighly contagious COVID-19 delta variant. The evidence so far is that vaccines are effective in preventing serious COVID-19 infections. Vaccination rates are accelerating globally, and emerging economies are catching up with developed markets. Infection rates appear to have peaked globally in early September. This means the reopening of economies should continue over the remainder of 2021. The onset of winter in the northern hemisphere will be a test, but the rollout of booster vaccination shots should help prevent widescale renewed lockdowns.</p>\n<p>The conclusions from our cycle, value and sentiment (CVS) investment decision-making process are broadly unchanged from our previous quarterly report. Global equities remain expensive, with the very expensive U.S. market offsetting better value elsewhere. Sentiment is slightly overbought, but not close to dangerous levels of euphoria. The strong cycle delivers a preference for equities over bonds for at least the next 12 months, despite expensive valuations. It also reinforces our preference for thevalue equity factor over the growth factorand for non-U.S. equities to outperform the U.S. market.</p>\n<p><b>Cycle still in recovery phase</b></p>\n<p>The post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows. Even so, we think the cycle is still in the recovery phase, although it is maturing. Despite strong growth, there is plenty of spare capacity. This can be seen in the employment-to-population ratio for prime-age workers in the United States. The chart below shows the ratio has recovered from the pandemic lows, but only to levels reached during the relatively mild recessions in the early 1990s and 2000s. We expect theU.S. labor-market recoveryshould still resemble a typical post-recession recovery over the next few quarters.</p>\n<p><b>U.S. EMPLOYMENT-POPULATION RATIO FOR PRIME-AGE WORKERS</b></p>\n<p><img src=\"https://static.tigerbbs.com/28a91fe2991463e2285879c32cb1b8c7\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>The U.S. recovery, however, is more advanced than that of other developed economies. The following chart shows how far GDP has recovered, relative to the pre-COVID-19 peak in 2019. GDP is 0.8% higher in the U.S., although this level is still short relative to the pre-COVID-19 trend. GDP is 2.5% below 2019 levels in the euro area and 4.5% below in the United Kingdom. We expect more cyclical upside for economic growth outside the U.S., and this should allow market leadership to rotate toward the rest of the world.</p>\n<p><b>GDP IN Q2 2021 RELATIVE TO PRE-COVID-19 PEAK IN 2019</b></p>\n<p><img src=\"https://static.tigerbbs.com/577d1b96aef08b71c9bdb6665a21b2ac\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Two key indicators</b></p>\n<p>Last quarter, we listed two indicators that should offer a guide to the Fed’s expected reaction to the inflation spike.</p>\n<p>The first is five-year/five-year breakeven inflation expectations, based on the pricing of Treasury Inflation Protected Securities (TIPS). This is the market’s forecast for average inflation over five years in five years’ time. It tells us that investors expect inflation will average 2.17% in the five years from late 2026 to late 2031. The TIPS yields are based on the CPI, while the Fed targets inflation as measured by the personal consumption expenditure (PCE) deflator. The two move together over time, but CPI inflation is generally around 0.25% higher than PCE inflation. A breakeven rate of 2.75% would suggest the market sees PCE inflation above 2.5% in five years’ time. Market inflation expectations are currently comfortably below the Fed’s worry point.</p>\n<p><b>WATCHPOINT INDICATOR #1: U.S. 5-YEAR/5-YEAR BREAKEVEN INFLATION RATE</b></p>\n<p><img src=\"https://static.tigerbbs.com/13f3cf57b58f600fe6681e9015779e85\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>The second indicator is the Atlanta Fed’s Wage Growth Tracker, and this has a less-comforting message about inflation risks. It reached 3.9% in August, which isclose to the 4% thresholdwhere we judge that the Fed will become concerned about the inflationary impact on the growth of wages. A breakdown shows that the spike has been mostly driven by wages for low-skilled, young people in the leisure and hospitality industry. This suggests the surge has been caused by temporary labor supply shortages and that wage pressures should subside as economic activity normalizes. This indicator, however, will be an important watchpoint over the next few months.</p>\n<p><b>WATCHPOINT INDICATOR #2: ATLANTA FED WAGE GROWTH TRACKER</b></p>\n<p><img src=\"https://static.tigerbbs.com/a1d3ff1ca26f6d29a28f919c65531c9a\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Reopening trade still makes sense</b></p>\n<p>The reopening trade, which lifts long-term interest rates and favors cyclical and value stocks over technology and growth stocks, worked well for several months following the vaccine announcement last November. Value outperformed growth and yield curves steepened. The trade has reversed in recent months, however, amid fears that the delta variant might derail the economic recovery. The impact has been magnified by short covering in bond markets as investors, who have been short or underweight, have been forced by the rally to buy back into the market, pushing bond yields even lower.</p>\n<p>The reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor. Financial stocks comprise the largest sector in the MSCI World Value Index, and they should benefit from further yield-curve steepening, which boosts the profitability of banks. Long-term interest rates should rise as global growth remains above trend, delta-variant fears fade, the short squeeze unwinds and central banks begin tapering back on bond purchases.</p>\n<p>The rotation in economic growth leadership away from the United States should also help the reopening trade. The rest of the world is overweight cyclical value stocks relative to the U.S., which has a higher weight to technology stocks.</p>\n<p>Emerging market (EM) equities have been poor performers since the vaccine announcement, but there are some encouraging signs. Initially, they were held back by the exposure to technology stocks in the MSCI Emerging Markets Index and the slow rollout of COVID-19 vaccines. More recently, they have come under pressure from the slowdown in the Chinese economy and theregulatory crackdown on Chinese tech companies. The vaccine rollout across emerging markets has accelerated and policy easing in China should soon improve the growth outlook. The path of Chinese regulation is harder to predict, but it is now largely priced in, with Chinese technology companies underperforming their global peers by nearly 50% from February 2021 through mid-September.</p>\n<p>The resumption of the reopening trade should also result in U.S. dollar weakness. The U.S. Dollar Index (DXY) has traded sideways since the vaccine announcement. It should weaken once investors have confidence that delta-variant risks are subsiding and realize that the Fed is likely to remain dovish as inflation risks decline. The dollar typically gains during global downturns and declines in the recovery phase. Dollar weakness should support the performance of non-U.S. markets, particularly emerging markets.</p>\n<p><b>Risks: variants, inflation, China weakness</b></p>\n<p>The key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter. The evidence so far is that vaccinations are highly effective in preventing serious illness. In Israel, booster shots appear to have slowed the rate of new cases.</p>\n<p>Another watchpoint is inflation and the response of central banks. Our expectation is that this year’s inflation spike is mostly transitory and that the major central banks, led by the Fed, are still two years from raising interest rates.</p>\n<p>Finally, there is the risk of a sharper-than-expected slowdown in China.Credit growth has slowed this yearand the purchasing managers’ indexes (PMI) have trended lower. Monetary and fiscal policy have been eased, however, and senior officials have signaled that more stimulus is on the way. China policy direction and credit trends will be an important watchpoint over coming months.</p>\n<p><b>Regional snapshotsUnited States</b></p>\n<p>The U.S. economy is likely to sustain above-trend growth into 2022. However, the easiest gains appear in the rear-view mirror at the end of the third quarter as the recovery phase of the business cycle matures. This is most visible for corporate earnings, where S&amp;P 500® Index earnings-per-share already sit 20% above their previous cyclical high.</p>\n<p>Strong fundamentals have helped power the stock market to new highs. Early evidence that the delta-variant wave may be fading and the potential for greater vaccine access for children are positives for a more complete recovery in the quarters ahead. The Fedlooks poised to start tapering its asset purchasesaround the end of 2021. The timing of the first rate hike will then hinge on what happens to inflation next year. Our models suggest that inflation is likely to drop back below the Fed’s 2% target in 2022. If that is correct, the Fed is likely to remain on hold into the second half of 2023.</p>\n<p>Wage inflation is a key risk to this view. It is running unusually strong for this stage of the cycle, and record hiring intentions from businesses could exhaust spare capacity in the year ahead. We expect the 10-year U.S. Treasury yield to rise moderately from 1.37% in mid-September to 1.75% in coming months.</p>\n<p>Fiscal stimulus negotiations continue to grab headlines in Washington, D.C. Thetax provisions in these billsare likely to be the most impactful for financial markets. We estimate thathigher corporate taxescould subtract about four percentage points from S&amp;P 500 earnings growth in 2022. This could create volatility and opportunity in markets. Given our strong cyclical outlook, our bias continues to be a<i>risk-on</i>preference for equities over bonds for the medium-term.</p>\n<p><b>Eurozone</b></p>\n<p>Euro area growthslowed through the third quarter but looks on track for a return to above-trend growth over the fourth quarter and into 2022. Vaccination rates are high, and the euro area has more catch-up potential than other major economies, particularly the United States. The euro area is also set to receive more fiscal support than other regions, with the European Union’s pandemic recovery fund only just starting to disburse stimulus, which will provide significant support in southern Europe. Polls in advance of Germany’s federal election on Sept. 26 suggested the electorate was moving toward the political left, which means the new government is likely to support expansionary fiscal policy and a continued dovish stance by the European Central Bank (ECB).</p>\n<p>The MSCI EMU Index, which reflects the European Economic and Monetary Union, has performed broadly in line with the S&amp;P 500 so far in 2021. We think it has potential to outperform in coming quarters. Europe’s exposure to financials and cyclically sensitive sectors such as industrials, materials and energy, and its relatively small exposure to technology, gives it the potential to outperform as delta-variant fears subside, economic activity picks up and yield curves in Europe steepen.</p>\n<p><b>United Kingdom</b></p>\n<p>As of mid-year, UK GDP was still nearly 4.5% below its pre-pandemic peak. We see plenty of scope for strong catch-up growth as borders are fully reopened and activity normalizes. Supply bottlenecks and labor shortages have triggered a sharp rise in underlying inflation and created concerns that the Bank of England (BoE) may start rate hikes in the first half of 2022. We think the BoE is unlikely to be that aggressive. We expect inflation to decline in early 2022 as supply constraints ease, which should convince the BoE to delay rate hikes.</p>\n<p>The FTSE 100 Index is the cheapest of the major developed equity markets in late 2021, and this should help it reflect higher returns than other markets over the next decade. Around 70% of UK corporate earnings come from offshore, so one near-term risk is that further strengthening of British sterling dampens earnings growth. The other risks are mostly around policy missteps, for example, early tightening by the Bank of England.</p>\n<p><b>Japan</b></p>\n<p>The Japanese economy is expected to get a shot in the arm as rising vaccination rates improve mobility and reduce the risk of further lockdowns, and as political leadership changes result in more fiscal stimulus: the Japanese election is due to be held before Nov. 28. Japanese equities look slightly more expensive than other regions such as the UK and Europe. We maintain our view that the Bank of Japan will significantly lag other central banks in normalizing policy.</p>\n<p><b>China</b></p>\n<p>We expect Chinese economic growth to berobust over the next 12 months, supported by a post-lockdown jump in consumer spending and incremental fiscal and monetary easing. Despite a big improvement in vaccination rates,COVID-19 outbreaks remain a riskgiven the Chinese government’s zero-tolerance approach. The major consumer technology companies have seen significant drops in stock prices recently due to more aggressive regulation. Some uncertainty remains around thepath of future regulation, especially as it relates to technology companies, and as a result we expect investors will remain cautious on Chinese equities in the coming months. The property market, particularly property developers as recently highlighted by Evergrande’s debt crisis, remains a risk that we are monitoring closely.</p>\n<p><b>Canada</b></p>\n<p>Canada leads the G71countries in terms of the vaccination rollout, which should minimize the risk of large-scale lockdowns over winter. The delta variant has taken an economic toll, however, with industry consensus projections now predicting 5% GDP growth in 2021 versus estimates of more than 6% just three months ago. Even so, growth remains above-trend and the odds of additional fiscal expenditures to support the economy have increased. This means that weaker growth due to COVID-19 is unlikely to change the Bank of Canada's (BoC) tightening bias.</p>\n<p>Tapering of asset purchasesshould be complete by the end of the first quarter of 2022. BoC Governor Tiff Macklem has indicated that the reinvestment phase of the bonds held by the central bank will commence once quantitative easing has ended. This should generate an estimated C$1 billion in weekly bond purchases, down from the current pace of C$2 billion. The BoC will likely only consider shrinking its balance sheet after it has started lifting interest rates. The BoC projects that the output gap will close sometime over the second half of 2022, and that rate hikes will be considered after economic slack has disappeared. We believe that the timeline may be a tad aggressive, and a delay to 2023 for liftoff is more likely. This would better align the Canadian central bank with its American counterpart.</p>\n<p><b>Australia/New Zealand</b></p>\n<p>The Australian economy is set to return to life, with lockdowns likely to be eased in October and November. Consumer and business balance sheets continue to look healthy, which should facilitate a strong recovery. The reopening of the international border in 2022 will provide a further boost. Fiscal policy has supported the economy through the downturn, and there is potential for further stimulus in the lead-up to the federal election, which is due before the end of 2022. The Reserve Bank of Australia has begun the process of tapering its bond-purchase program, but we expect that a rise in the cash rate is unlikely until at least the second half of 2023.</p>\n<p>New Zealand’s most recent lockdown will drag on Q3 GDP, but similar to Australia, we expect a solid rebound as the economy reopens. The government aims to provide a vaccine to all adults by the end of 2021, after which borders will gradually reopen. This will provide a boost, particularly to tourism-exposed sectors. Despite having recently put off hiking interest rates due to the recent lockdown, we expect the Reserve Bank of New Zealand will start raising rates this year. Even though they have significantly underperformed global equities this year, New Zealand equities still screen as relatively expensive compared to other regions.</p>\n<p><b>Asset-class preferences</b></p>\n<p>Our cycle, value and sentiment investment decision-making process in late September 2021 has a moderately positive medium-term view on global equities. Value is expensive across most markets except for UK equities, which are near fair value. The cycle is risk-asset supportive for the medium-term. The major economies still have spare capacity and inflation pressures appear transitory, caused by COVID-19-related supply shortages. Rate hikes by the U.S. Fed seem unlikely before the second half of 2023. Sentiment, after reaching overbought levels earlier in the year, has returned to more neutral levels.</p>\n<p><b>COMPOSITE CONTRARIAN INDICATOR: SENTIMENT SHIFTS TOWARD NEUTRAL</b></p>\n<p><img src=\"https://static.tigerbbs.com/5c527955abbc9e770d200c1d709f80d8\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<ul>\n <li>We prefer<b>non-U.S. equities</b>to U.S. equities. Stronger economic growth and steeper yield curves after the third-quarter slowdown should favor undervalued cyclical value stocks over expensive technology and growth stocks. Relative to the U.S., the rest of the world is overweight cyclical value stocks.</li>\n <li><b>Emerging markets equities</b>have been relatively poor performers this year, but there are some encouraging signs. The vaccine rollout across EM has accelerated and policy easing in China should soon boost the economic growth outlook.China’s regulatory crackdownhas caused significant underperformance by Chinese technology companies, but this should be less of a headwind going forward now that it is priced in.</li>\n <li><b>High yield</b>and<b>investment grade credit</b>are expensive on a spread basis but have support from a positive cycle view that accommodates corporate profit growth and keeps default rates low. U.S. dollar-denominated<b>emerging markets debt</b>is close to fair value in spread terms and will gain support on U.S. dollar weakness.</li>\n <li><b>Government bonds</b>are expensive, and yields should come under upward pressure as output gaps close and central banks look to taper back asset purchases. We expect the 10-year U.S. Treasury yield to rise toward 1.75% in coming months.</li>\n <li><b>Real assets</b>: Real Estate Investment Trusts (REITs) have significantly outperformed Global Listed Infrastructure (GLI) so far this year, to the extent that REITS are now expensive relative to GLI. Both should benefit from the pandemic recovery, but GLI has some catch-up potential. GLI should benefit from the global re-opening boosting domestic and international travel.<b>Commodities</b>have been the best-performing asset class this year amid strong demand and supply bottlenecks. The gains have been led by industrial metals and energy. The pace of increase should ease as supply issues are resolved, butcommodities should retain supportfrom above-trend global demand.</li>\n <li>The<b>U.S. dollar</b>has been supported this year by expectations for early Fed tightening and U.S. economic growth leadership. It should weaken as global growth leadership rotates away from the U.S. and toward Europe and other developed economies. The dollar typically gains during global downturns and declines in the recovery phase. The main beneficiary is likely to be the<b>euro</b>, which is still undervalued. We also believe<b>British sterling</b>and the economically sensitive<i>commodity currencies</i>—the<b>Australian dollar</b>, the<b>New Zealand dollar</b>and the<b>Canadian dollar</b>—can make further gains, although these currencies are not undervalued from a longer-term perspective.</li>\n</ul>\n<p><b>ASSET PERFORMANCE SINCE THE BEGINNING OF 2021</b></p>\n<p><img src=\"https://static.tigerbbs.com/50e253becd38bd122d9fc211e7b0f583\" tg-width=\"1280\" tg-height=\"982\" referrerpolicy=\"no-referrer\"></p>\n<p>1The Group of Seven is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.</p>\n<p><b>Important Information</b></p>\n<p>The views in this Global Market Outlook report are subject to change at any time based upon market or other conditions and are current as of September 27, 2021. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed.</p>\n<p>Please remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.</p>\n<p>Keep in mind that, like all investing, multi-asset investing does not assure a profit or protect against loss.</p>\n<p>No model or group of models can offer a precise estimate of future returns available from capital markets. We remain cautious that rational analytical techniques cannot predict extremes in financial behavior, such as periods of financial euphoria or investor panic. Our models rest on the assumptions of normal and rational financial behavior. Forecasting models are inherently uncertain, subject to change at any time based on a variety of factors and can be inaccurate. Russell believes that the utility of this information is highest in evaluating the relative relationships of various components of a globally diversified portfolio. As such, the models may offer insights into the prudence of over or under weighting those components from time to time or under periods of extreme dislocation. The models are explicitly not intended as market timing signals.</p>\n<p>Forecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.</p>\n<p>Investment in global, international or emerging markets may be significantly affected by political or economic conditions and regulatory requirements in a particular country. Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Such securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and political systems with less stability than in more developed countries.</p>\n<p>Currency investing involves risks including fluctuations in currency values, whether the home currency or the foreign currency. They can either enhance or reduce the returns associated with foreign investments.</p>\n<p>Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation.</p>\n<p>Bond investors should carefully consider risks such as interest rate, credit, default and duration risks. Greater risk, such as increased volatility, limited liquidity, prepayment, non-payment and increased default risk, is inherent in portfolios that invest in high yield (“junk”) bonds or mortgage-backed securities, especially mortgage-backed securities with exposure to sub-prime mortgages. Generally, when interest rates rise, prices of fixed income securities fall. Interest rates in the United States are at, or near, historic lows, which may increase a Fund’s exposure to risks associated with rising rates. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.</p>\n<p>Performance quoted represents past performance and should not be viewed as a guarantee of future results.</p>\n<p>The FTSE 100 Index is a market-capitalization weighted index of UK-listed blue chip companies.</p>\n<p>The S&amp;P 500® Index, or the Standard &amp; Poor’s 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.</p>\n<p>The MSCI EMU Index (European Economic and Monetary Union) captures large and mid cap representation across the 10 developed markets countries in the EMU. With 246 constituents, the index covers approximately 85% of the free float-adjusted market capitalization of the EMU.</p>\n<p>Indexes are unmanaged and cannot be invested in directly.</p>\n<p>Copyright © Russell Investments 2021. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.</p>\n<p>Frank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand.</p>\n<p>Products and services described on this website are intended for<b>United States residents only</b>. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.</p>\n<p>Russell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.</p>\n<p>Russell Investments' ownership is composed of a majority stake held by funds managed by TA Associates, with a significant minority stake held by funds managed by Reverence Capital Partners. Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.</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>2021 Global Market Outlook - Q4 Update: Growing Pains</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\">\n2021 Global Market Outlook - Q4 Update: Growing Pains\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-30 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.\nThe reopening trade should resume in ...</p>\n\n<a href=\"https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4457651-2021-global-market-outlook-q4-update-growing-pains","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104172212","content_text":"Summary\n\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows.\nThe reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor.\nThe key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter.\n\nThe COVID-19 delta variant, inflation and central bank tapering are unnerving investors. We expect the pandemic-recovery trade to resume as inflation subsides, infection rates decline and tapering turns out to not equal tightening. Amid this backdrop, our outlook favors equities over bonds, the value factor over the growth factor and non-U.S. stocks over U.S. stocks.\nIntroduction\nThe post-lockdown recovery has transitioned from energetic youthfulness to awkward adolescence. It’s still growing, although at a slower pace, and there are worries about what happens next, particularly about monetary policy and the outlook for inflation. Theinflation spikehas been larger than expected, but we still think it istransitory, caused by base effects from when the U.S. consumer price index (CPI) fell during the lockdown last year and by temporary supply bottlenecks. Inflation may remain high over the remainder of 2021 but should decline in early 2022. This means that even though the U.S. Federal Reserve (Fed) is likely to begin tapering back on asset purchases before the end of the year, rate hikes are unlikely before the second half of 2023.\nAnother worry is thehighly contagious COVID-19 delta variant. The evidence so far is that vaccines are effective in preventing serious COVID-19 infections. Vaccination rates are accelerating globally, and emerging economies are catching up with developed markets. Infection rates appear to have peaked globally in early September. This means the reopening of economies should continue over the remainder of 2021. The onset of winter in the northern hemisphere will be a test, but the rollout of booster vaccination shots should help prevent widescale renewed lockdowns.\nThe conclusions from our cycle, value and sentiment (CVS) investment decision-making process are broadly unchanged from our previous quarterly report. Global equities remain expensive, with the very expensive U.S. market offsetting better value elsewhere. Sentiment is slightly overbought, but not close to dangerous levels of euphoria. The strong cycle delivers a preference for equities over bonds for at least the next 12 months, despite expensive valuations. It also reinforces our preference for thevalue equity factor over the growth factorand for non-U.S. equities to outperform the U.S. market.\nCycle still in recovery phase\nThe post-lockdown recovery has been powerful, and most developed economies have seen double-digit gross domestic product (GDP) rebounds from 2020 lows. Even so, we think the cycle is still in the recovery phase, although it is maturing. Despite strong growth, there is plenty of spare capacity. This can be seen in the employment-to-population ratio for prime-age workers in the United States. The chart below shows the ratio has recovered from the pandemic lows, but only to levels reached during the relatively mild recessions in the early 1990s and 2000s. We expect theU.S. labor-market recoveryshould still resemble a typical post-recession recovery over the next few quarters.\nU.S. EMPLOYMENT-POPULATION RATIO FOR PRIME-AGE WORKERS\n\nThe U.S. recovery, however, is more advanced than that of other developed economies. The following chart shows how far GDP has recovered, relative to the pre-COVID-19 peak in 2019. GDP is 0.8% higher in the U.S., although this level is still short relative to the pre-COVID-19 trend. GDP is 2.5% below 2019 levels in the euro area and 4.5% below in the United Kingdom. We expect more cyclical upside for economic growth outside the U.S., and this should allow market leadership to rotate toward the rest of the world.\nGDP IN Q2 2021 RELATIVE TO PRE-COVID-19 PEAK IN 2019\n\nTwo key indicators\nLast quarter, we listed two indicators that should offer a guide to the Fed’s expected reaction to the inflation spike.\nThe first is five-year/five-year breakeven inflation expectations, based on the pricing of Treasury Inflation Protected Securities (TIPS). This is the market’s forecast for average inflation over five years in five years’ time. It tells us that investors expect inflation will average 2.17% in the five years from late 2026 to late 2031. The TIPS yields are based on the CPI, while the Fed targets inflation as measured by the personal consumption expenditure (PCE) deflator. The two move together over time, but CPI inflation is generally around 0.25% higher than PCE inflation. A breakeven rate of 2.75% would suggest the market sees PCE inflation above 2.5% in five years’ time. Market inflation expectations are currently comfortably below the Fed’s worry point.\nWATCHPOINT INDICATOR #1: U.S. 5-YEAR/5-YEAR BREAKEVEN INFLATION RATE\n\nThe second indicator is the Atlanta Fed’s Wage Growth Tracker, and this has a less-comforting message about inflation risks. It reached 3.9% in August, which isclose to the 4% thresholdwhere we judge that the Fed will become concerned about the inflationary impact on the growth of wages. A breakdown shows that the spike has been mostly driven by wages for low-skilled, young people in the leisure and hospitality industry. This suggests the surge has been caused by temporary labor supply shortages and that wage pressures should subside as economic activity normalizes. This indicator, however, will be an important watchpoint over the next few months.\nWATCHPOINT INDICATOR #2: ATLANTA FED WAGE GROWTH TRACKER\n\nReopening trade still makes sense\nThe reopening trade, which lifts long-term interest rates and favors cyclical and value stocks over technology and growth stocks, worked well for several months following the vaccine announcement last November. Value outperformed growth and yield curves steepened. The trade has reversed in recent months, however, amid fears that the delta variant might derail the economic recovery. The impact has been magnified by short covering in bond markets as investors, who have been short or underweight, have been forced by the rally to buy back into the market, pushing bond yields even lower.\nThe reopening trade should resume in coming months. The cyclical stocks that comprise the value factor are reporting stronger earnings upgrades than technology-heavy growth stocks, and the value factor is cheap compared to the growth factor. Financial stocks comprise the largest sector in the MSCI World Value Index, and they should benefit from further yield-curve steepening, which boosts the profitability of banks. Long-term interest rates should rise as global growth remains above trend, delta-variant fears fade, the short squeeze unwinds and central banks begin tapering back on bond purchases.\nThe rotation in economic growth leadership away from the United States should also help the reopening trade. The rest of the world is overweight cyclical value stocks relative to the U.S., which has a higher weight to technology stocks.\nEmerging market (EM) equities have been poor performers since the vaccine announcement, but there are some encouraging signs. Initially, they were held back by the exposure to technology stocks in the MSCI Emerging Markets Index and the slow rollout of COVID-19 vaccines. More recently, they have come under pressure from the slowdown in the Chinese economy and theregulatory crackdown on Chinese tech companies. The vaccine rollout across emerging markets has accelerated and policy easing in China should soon improve the growth outlook. The path of Chinese regulation is harder to predict, but it is now largely priced in, with Chinese technology companies underperforming their global peers by nearly 50% from February 2021 through mid-September.\nThe resumption of the reopening trade should also result in U.S. dollar weakness. The U.S. Dollar Index (DXY) has traded sideways since the vaccine announcement. It should weaken once investors have confidence that delta-variant risks are subsiding and realize that the Fed is likely to remain dovish as inflation risks decline. The dollar typically gains during global downturns and declines in the recovery phase. Dollar weakness should support the performance of non-U.S. markets, particularly emerging markets.\nRisks: variants, inflation, China weakness\nThe key risk is that the delta variant or similar proves resilient to vaccination or that infection rates escalate during the Northern Hemisphere winter. The evidence so far is that vaccinations are highly effective in preventing serious illness. In Israel, booster shots appear to have slowed the rate of new cases.\nAnother watchpoint is inflation and the response of central banks. Our expectation is that this year’s inflation spike is mostly transitory and that the major central banks, led by the Fed, are still two years from raising interest rates.\nFinally, there is the risk of a sharper-than-expected slowdown in China.Credit growth has slowed this yearand the purchasing managers’ indexes (PMI) have trended lower. Monetary and fiscal policy have been eased, however, and senior officials have signaled that more stimulus is on the way. China policy direction and credit trends will be an important watchpoint over coming months.\nRegional snapshotsUnited States\nThe U.S. economy is likely to sustain above-trend growth into 2022. However, the easiest gains appear in the rear-view mirror at the end of the third quarter as the recovery phase of the business cycle matures. This is most visible for corporate earnings, where S&P 500® Index earnings-per-share already sit 20% above their previous cyclical high.\nStrong fundamentals have helped power the stock market to new highs. Early evidence that the delta-variant wave may be fading and the potential for greater vaccine access for children are positives for a more complete recovery in the quarters ahead. The Fedlooks poised to start tapering its asset purchasesaround the end of 2021. The timing of the first rate hike will then hinge on what happens to inflation next year. Our models suggest that inflation is likely to drop back below the Fed’s 2% target in 2022. If that is correct, the Fed is likely to remain on hold into the second half of 2023.\nWage inflation is a key risk to this view. It is running unusually strong for this stage of the cycle, and record hiring intentions from businesses could exhaust spare capacity in the year ahead. We expect the 10-year U.S. Treasury yield to rise moderately from 1.37% in mid-September to 1.75% in coming months.\nFiscal stimulus negotiations continue to grab headlines in Washington, D.C. Thetax provisions in these billsare likely to be the most impactful for financial markets. We estimate thathigher corporate taxescould subtract about four percentage points from S&P 500 earnings growth in 2022. This could create volatility and opportunity in markets. Given our strong cyclical outlook, our bias continues to be arisk-onpreference for equities over bonds for the medium-term.\nEurozone\nEuro area growthslowed through the third quarter but looks on track for a return to above-trend growth over the fourth quarter and into 2022. Vaccination rates are high, and the euro area has more catch-up potential than other major economies, particularly the United States. The euro area is also set to receive more fiscal support than other regions, with the European Union’s pandemic recovery fund only just starting to disburse stimulus, which will provide significant support in southern Europe. Polls in advance of Germany’s federal election on Sept. 26 suggested the electorate was moving toward the political left, which means the new government is likely to support expansionary fiscal policy and a continued dovish stance by the European Central Bank (ECB).\nThe MSCI EMU Index, which reflects the European Economic and Monetary Union, has performed broadly in line with the S&P 500 so far in 2021. We think it has potential to outperform in coming quarters. Europe’s exposure to financials and cyclically sensitive sectors such as industrials, materials and energy, and its relatively small exposure to technology, gives it the potential to outperform as delta-variant fears subside, economic activity picks up and yield curves in Europe steepen.\nUnited Kingdom\nAs of mid-year, UK GDP was still nearly 4.5% below its pre-pandemic peak. We see plenty of scope for strong catch-up growth as borders are fully reopened and activity normalizes. Supply bottlenecks and labor shortages have triggered a sharp rise in underlying inflation and created concerns that the Bank of England (BoE) may start rate hikes in the first half of 2022. We think the BoE is unlikely to be that aggressive. We expect inflation to decline in early 2022 as supply constraints ease, which should convince the BoE to delay rate hikes.\nThe FTSE 100 Index is the cheapest of the major developed equity markets in late 2021, and this should help it reflect higher returns than other markets over the next decade. Around 70% of UK corporate earnings come from offshore, so one near-term risk is that further strengthening of British sterling dampens earnings growth. The other risks are mostly around policy missteps, for example, early tightening by the Bank of England.\nJapan\nThe Japanese economy is expected to get a shot in the arm as rising vaccination rates improve mobility and reduce the risk of further lockdowns, and as political leadership changes result in more fiscal stimulus: the Japanese election is due to be held before Nov. 28. Japanese equities look slightly more expensive than other regions such as the UK and Europe. We maintain our view that the Bank of Japan will significantly lag other central banks in normalizing policy.\nChina\nWe expect Chinese economic growth to berobust over the next 12 months, supported by a post-lockdown jump in consumer spending and incremental fiscal and monetary easing. Despite a big improvement in vaccination rates,COVID-19 outbreaks remain a riskgiven the Chinese government’s zero-tolerance approach. The major consumer technology companies have seen significant drops in stock prices recently due to more aggressive regulation. Some uncertainty remains around thepath of future regulation, especially as it relates to technology companies, and as a result we expect investors will remain cautious on Chinese equities in the coming months. The property market, particularly property developers as recently highlighted by Evergrande’s debt crisis, remains a risk that we are monitoring closely.\nCanada\nCanada leads the G71countries in terms of the vaccination rollout, which should minimize the risk of large-scale lockdowns over winter. The delta variant has taken an economic toll, however, with industry consensus projections now predicting 5% GDP growth in 2021 versus estimates of more than 6% just three months ago. Even so, growth remains above-trend and the odds of additional fiscal expenditures to support the economy have increased. This means that weaker growth due to COVID-19 is unlikely to change the Bank of Canada's (BoC) tightening bias.\nTapering of asset purchasesshould be complete by the end of the first quarter of 2022. BoC Governor Tiff Macklem has indicated that the reinvestment phase of the bonds held by the central bank will commence once quantitative easing has ended. This should generate an estimated C$1 billion in weekly bond purchases, down from the current pace of C$2 billion. The BoC will likely only consider shrinking its balance sheet after it has started lifting interest rates. The BoC projects that the output gap will close sometime over the second half of 2022, and that rate hikes will be considered after economic slack has disappeared. We believe that the timeline may be a tad aggressive, and a delay to 2023 for liftoff is more likely. This would better align the Canadian central bank with its American counterpart.\nAustralia/New Zealand\nThe Australian economy is set to return to life, with lockdowns likely to be eased in October and November. Consumer and business balance sheets continue to look healthy, which should facilitate a strong recovery. The reopening of the international border in 2022 will provide a further boost. Fiscal policy has supported the economy through the downturn, and there is potential for further stimulus in the lead-up to the federal election, which is due before the end of 2022. The Reserve Bank of Australia has begun the process of tapering its bond-purchase program, but we expect that a rise in the cash rate is unlikely until at least the second half of 2023.\nNew Zealand’s most recent lockdown will drag on Q3 GDP, but similar to Australia, we expect a solid rebound as the economy reopens. The government aims to provide a vaccine to all adults by the end of 2021, after which borders will gradually reopen. This will provide a boost, particularly to tourism-exposed sectors. Despite having recently put off hiking interest rates due to the recent lockdown, we expect the Reserve Bank of New Zealand will start raising rates this year. Even though they have significantly underperformed global equities this year, New Zealand equities still screen as relatively expensive compared to other regions.\nAsset-class preferences\nOur cycle, value and sentiment investment decision-making process in late September 2021 has a moderately positive medium-term view on global equities. Value is expensive across most markets except for UK equities, which are near fair value. The cycle is risk-asset supportive for the medium-term. The major economies still have spare capacity and inflation pressures appear transitory, caused by COVID-19-related supply shortages. Rate hikes by the U.S. Fed seem unlikely before the second half of 2023. Sentiment, after reaching overbought levels earlier in the year, has returned to more neutral levels.\nCOMPOSITE CONTRARIAN INDICATOR: SENTIMENT SHIFTS TOWARD NEUTRAL\n\n\nWe prefernon-U.S. equitiesto U.S. equities. Stronger economic growth and steeper yield curves after the third-quarter slowdown should favor undervalued cyclical value stocks over expensive technology and growth stocks. Relative to the U.S., the rest of the world is overweight cyclical value stocks.\nEmerging markets equitieshave been relatively poor performers this year, but there are some encouraging signs. The vaccine rollout across EM has accelerated and policy easing in China should soon boost the economic growth outlook.China’s regulatory crackdownhas caused significant underperformance by Chinese technology companies, but this should be less of a headwind going forward now that it is priced in.\nHigh yieldandinvestment grade creditare expensive on a spread basis but have support from a positive cycle view that accommodates corporate profit growth and keeps default rates low. U.S. dollar-denominatedemerging markets debtis close to fair value in spread terms and will gain support on U.S. dollar weakness.\nGovernment bondsare expensive, and yields should come under upward pressure as output gaps close and central banks look to taper back asset purchases. We expect the 10-year U.S. Treasury yield to rise toward 1.75% in coming months.\nReal assets: Real Estate Investment Trusts (REITs) have significantly outperformed Global Listed Infrastructure (GLI) so far this year, to the extent that REITS are now expensive relative to GLI. Both should benefit from the pandemic recovery, but GLI has some catch-up potential. GLI should benefit from the global re-opening boosting domestic and international travel.Commoditieshave been the best-performing asset class this year amid strong demand and supply bottlenecks. The gains have been led by industrial metals and energy. The pace of increase should ease as supply issues are resolved, butcommodities should retain supportfrom above-trend global demand.\nTheU.S. dollarhas been supported this year by expectations for early Fed tightening and U.S. economic growth leadership. It should weaken as global growth leadership rotates away from the U.S. and toward Europe and other developed economies. The dollar typically gains during global downturns and declines in the recovery phase. The main beneficiary is likely to be theeuro, which is still undervalued. We also believeBritish sterlingand the economically sensitivecommodity currencies—theAustralian dollar, theNew Zealand dollarand theCanadian dollar—can make further gains, although these currencies are not undervalued from a longer-term perspective.\n\nASSET PERFORMANCE SINCE THE BEGINNING OF 2021\n\n1The Group of Seven is an inter-governmental political forum consisting of Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.\nImportant Information\nThe views in this Global Market Outlook report are subject to change at any time based upon market or other conditions and are current as of September 27, 2021. While all material is deemed to be reliable, accuracy and completeness cannot be guaranteed.\nPlease remember that all investments carry some level of risk, including the potential loss of principal invested. They do not typically grow at an even rate of return and may experience negative growth. As with any type of portfolio structuring, attempting to reduce risk and increase return could, at certain times, unintentionally reduce returns.\nKeep in mind that, like all investing, multi-asset investing does not assure a profit or protect against loss.\nNo model or group of models can offer a precise estimate of future returns available from capital markets. We remain cautious that rational analytical techniques cannot predict extremes in financial behavior, such as periods of financial euphoria or investor panic. Our models rest on the assumptions of normal and rational financial behavior. Forecasting models are inherently uncertain, subject to change at any time based on a variety of factors and can be inaccurate. Russell believes that the utility of this information is highest in evaluating the relative relationships of various components of a globally diversified portfolio. As such, the models may offer insights into the prudence of over or under weighting those components from time to time or under periods of extreme dislocation. The models are explicitly not intended as market timing signals.\nForecasting represents predictions of market prices and/or volume patterns utilizing varying analytical data. It is not representative of a projection of the stock market, or of any specific investment.\nInvestment in global, international or emerging markets may be significantly affected by political or economic conditions and regulatory requirements in a particular country. Investments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation. Such securities may be less liquid and more volatile. Investments in emerging or developing markets involve exposure to economic structures that are generally less diverse and mature, and political systems with less stability than in more developed countries.\nCurrency investing involves risks including fluctuations in currency values, whether the home currency or the foreign currency. They can either enhance or reduce the returns associated with foreign investments.\nInvestments in non-U.S. markets can involve risks of currency fluctuation, political and economic instability, different accounting standards and foreign taxation.\nBond investors should carefully consider risks such as interest rate, credit, default and duration risks. Greater risk, such as increased volatility, limited liquidity, prepayment, non-payment and increased default risk, is inherent in portfolios that invest in high yield (“junk”) bonds or mortgage-backed securities, especially mortgage-backed securities with exposure to sub-prime mortgages. Generally, when interest rates rise, prices of fixed income securities fall. Interest rates in the United States are at, or near, historic lows, which may increase a Fund’s exposure to risks associated with rising rates. Investment in non-U.S. and emerging market securities is subject to the risk of currency fluctuations and to economic and political risks associated with such foreign countries.\nPerformance quoted represents past performance and should not be viewed as a guarantee of future results.\nThe FTSE 100 Index is a market-capitalization weighted index of UK-listed blue chip companies.\nThe S&P 500® Index, or the Standard & Poor’s 500, is a stock market index based on the market capitalizations of 500 large companies having common stock listed on the NYSE or NASDAQ.\nThe MSCI EMU Index (European Economic and Monetary Union) captures large and mid cap representation across the 10 developed markets countries in the EMU. With 246 constituents, the index covers approximately 85% of the free float-adjusted market capitalization of the EMU.\nIndexes are unmanaged and cannot be invested in directly.\nCopyright © Russell Investments 2021. All rights reserved. This material is proprietary and may not be reproduced, transferred, or distributed in any form without prior written permission from Russell Investments. It is delivered on an “as is” basis without warranty.\nFrank Russell Company is the owner of the Russell trademarks contained in this material and all trademark rights related to the Russell trademarks, which the members of the Russell Investments group of companies are permitted to use under license from Frank Russell Company. The members of the Russell Investments group of companies are not affiliated in any manner with Frank Russell Company or any entity operating under the “FTSE RUSSELL” brand.\nProducts and services described on this website are intended forUnited States residents only. Nothing contained in this material is intended to constitute legal, tax, securities, or investment advice, nor an opinion regarding the appropriateness of any investment, nor a solicitation of any type. The general information contained on this website should not be acted upon without obtaining specific legal, tax, and investment advice from a licensed professional. Persons outside the United States may find more information about products and services available within their jurisdictions by going to Russell Investments' Worldwide site.\nRussell Investments is committed to ensuring digital accessibility for people with disabilities. We are continually improving the user experience for everyone, and applying the relevant accessibility standards.\nRussell Investments' ownership is composed of a majority stake held by funds managed by TA Associates, with a significant minority stake held by funds managed by Reverence Capital Partners. Russell Investments' employees and Hamilton Lane Advisors, LLC also hold minority, non-controlling, ownership stakes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":865980590,"gmtCreate":1632930403585,"gmtModify":1632930404177,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like m comments&nbsp;","listText":"Pls like m comments&nbsp;","text":"Pls like m comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/865980590","repostId":"1168322550","repostType":2,"isVote":1,"tweetType":1,"viewCount":208,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820443574,"gmtCreate":1633423027752,"gmtModify":1633423028368,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/820443574","repostId":"2173263994","repostType":4,"repost":{"id":"2173263994","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":1633422420,"share":"https://www.laohu8.com/m/news/2173263994?lang=&edition=full","pubTime":"2021-10-05 16:27","market":"us","language":"en","title":"Lululemon's board OKs $500 million share buyback program increase","url":"https://stock-news.laohu8.com/highlight/detail?id=2173263994","media":"Dow Jones","summary":"Lululemon Anthletica Inc.'s $(LULU)$ board has authorized a $500 million increase in the remaining a","content":"<p>Lululemon Anthletica Inc.'s <a href=\"https://laohu8.com/S/LULU\">$(LULU)$</a> board has authorized a $500 million increase in the remaining authorization of the company's stock repurchase program, from $141.2 million to $641.2 million. The repurchase authorization has no time limit and does not require the buyback of a minimum number of shares, the retailer said in a filing late Monday. Shares of Lululemon advanced 0.6% in the extended session Monday after ending the regular trading day down 2.2%.</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>Lululemon's board OKs $500 million share buyback program increase</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\">\nLululemon's board OKs $500 million share buyback program increase\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-10-05 16:27</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Lululemon Anthletica Inc.'s <a href=\"https://laohu8.com/S/LULU\">$(LULU)$</a> board has authorized a $500 million increase in the remaining authorization of the company's stock repurchase program, from $141.2 million to $641.2 million. The repurchase authorization has no time limit and does not require the buyback of a minimum number of shares, the retailer said in a filing late Monday. Shares of Lululemon advanced 0.6% in the extended session Monday after ending the regular trading day down 2.2%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LULU":"lululemon athletica"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173263994","content_text":"Lululemon Anthletica Inc.'s $(LULU)$ board has authorized a $500 million increase in the remaining authorization of the company's stock repurchase program, from $141.2 million to $641.2 million. The repurchase authorization has no time limit and does not require the buyback of a minimum number of shares, the retailer said in a filing late Monday. Shares of Lululemon advanced 0.6% in the extended session Monday after ending the regular trading day down 2.2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":418,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864291420,"gmtCreate":1633102397892,"gmtModify":1633102398449,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Great to hear that a new drug can cure covid! Pls like n comments&nbsp;","listText":"Great to hear that a new drug can cure covid! Pls like n comments&nbsp;","text":"Great to hear that a new drug can cure covid! Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864291420","repostId":"1118501905","repostType":4,"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821363306,"gmtCreate":1633699764112,"gmtModify":1633699764766,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/821363306","repostId":"2173926482","repostType":4,"repost":{"id":"2173926482","pubTimestamp":1633698660,"share":"https://www.laohu8.com/m/news/2173926482?lang=&edition=full","pubTime":"2021-10-08 21:11","market":"us","language":"en","title":"Why Is Everyone Talking About Palantir Stock?","url":"https://stock-news.laohu8.com/highlight/detail?id=2173926482","media":"Motley Fool","summary":"The data mining firm is becoming a hot topic among investors again.","content":"<p><b><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a>'s</b> stock was recently rocked by two major developments. First, the data-mining firm's stock dipped amid reports that it could lose its contract with Immigration and Customs Enforcement (ICE). But a few days later Palantir's stock rebounded after it secured a new U.S. Army contract. Let's examine these two news stories and how they could affect the company.</p>\n<h3>The potential loss of its ICE contract</h3>\n<p>One of Palantir's most controversial platforms is FALCON, a customized version of Gotham that ICE uses to track and deport undocumented immigrants. Palantir's work with ICE has sparked protests, internal disputes, and even calls for <b><a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> </b>Web Services (AWS), to stop offering its services to Palantir. Palantir co-founder Peter Thiel's outspoken support for former President Donald Trump's immigration policies exacerbated those tensions.</p>\n<p><img src=\"https://static.tigerbbs.com/92bee5eb2a637ae259b5f8a812e8ca1b\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: <a href=\"https://laohu8.com/S/GTY\">Getty</a> Images.</p>\n<p>Palantir has generated approximately $84 million to $111 million from the ICE contract since 2013, but it could lose that deal in the near future. In late September, a government document indicated ICE wanted to replace FALCON with RAVEn, a new platform that was custom built for the agency. The document revealed that ICE had conducted a market study for RAVEn in 2018, and initiated the project's first two contracts later that year.</p>\n<p>ICE awarded those two contracts, which were worth a combined $43 million, to <b><a href=\"https://laohu8.com/S/BAH\">Booz Allen Hamilton</a></b> (NYSE:BAH) and KCI <a href=\"https://laohu8.com/S/AYI\">Acuity</a>. ICE recently extended those two contracts to early 2022, then rolled out three much larger development contracts worth $300 million -- which brought Amazon, <b><a href=\"https://laohu8.com/S/MSFT\">Microsoft</a></b> (NASDAQ:MSFT), <b><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a></b>'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and other tech companies to the table at ICE's industry day earlier this year.</p>\n<p><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> years ago, ICE renewed Palantir's contract to 2022. But Palantir's days are still likely numbered, and any future contract renewals will likely depend on the agency's progress with RAVEn.</p>\n<h3>Gaining a new U.S. Army contract</h3>\n<p>Palantir's investors likely considered the ICE news to be a big setback for the company's long-term plans to become the \"default operating system for data across the U.S. government.\" It also indicated the U.S. government was willing to court bigger tech companies to reduce its overall dependence on Palantir, which still holds 28 active federal-level contracts.</p>\n<p><img src=\"https://static.tigerbbs.com/65d6214f8a197f56256795a351d780b8\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>But on Oct. 5, Palantir secured a new $823 million contract with the U.S. Army to develop its CD-2 (Capability Drop 2) data collection and analytics platform, which will be integrated with Gotham and replace the Army's legacy programs. CD-2 complements Palantir's other modernization projects with the U.S. Army, which already include CD-1 (Capability Drop 1) and its TITAN (Tactical Intelligence Targeting Access Node) platform.</p>\n<p>Palantir had been competing against <b>BAE Systems</b> (OTC:BAES.F) to win the CD-2 contract since early 2020. The new deal has a base contract of four years, with an optional three-year extension.</p>\n<h3>The good news outweighs the bad news (for now)</h3>\n<p>Palantir may lose its ICE contract, which generated about $100 million in revenue over the past eight years, but it's gaining a new Army contract that could generate over $800 million in revenue over the next four to seven years. Therefore, the good news outweighs the bad news, and these developments won't derail Palantir's plans to maintain more than 30% annual revenue growth from 2021 to 2025.</p>\n<p>Losing the ICE contract could even be a blessing in disguise for Palantir, since it would end its most controversial partnership. Meanwhile, securing the CD-2 contract will tighten its relationship with the U.S. Army as well as the other branches of the U.S. military.</p>\n<p>Palantir's stock has more than doubled since its direct listing a year ago, and it still isn't cheap at 30 times this year's sales. But if you believe Palantir can achieve its long-term growth targets by expanding its Gotham platform for government agencies and Foundry platform for enterprise customers, it could still be a lucrative long-term investment in the high-end data analytics market.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Is Everyone Talking About Palantir Stock?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Is Everyone Talking About Palantir Stock?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 21:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/10/08/why-is-everyone-talking-about-palantir-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies Inc.'s stock was recently rocked by two major developments. First, the data-mining firm's stock dipped amid reports that it could lose its contract with Immigration and Customs ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/10/08/why-is-everyone-talking-about-palantir-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/10/08/why-is-everyone-talking-about-palantir-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173926482","content_text":"Palantir Technologies Inc.'s stock was recently rocked by two major developments. First, the data-mining firm's stock dipped amid reports that it could lose its contract with Immigration and Customs Enforcement (ICE). But a few days later Palantir's stock rebounded after it secured a new U.S. Army contract. Let's examine these two news stories and how they could affect the company.\nThe potential loss of its ICE contract\nOne of Palantir's most controversial platforms is FALCON, a customized version of Gotham that ICE uses to track and deport undocumented immigrants. Palantir's work with ICE has sparked protests, internal disputes, and even calls for Amazon.com Web Services (AWS), to stop offering its services to Palantir. Palantir co-founder Peter Thiel's outspoken support for former President Donald Trump's immigration policies exacerbated those tensions.\n\nImage source: Getty Images.\nPalantir has generated approximately $84 million to $111 million from the ICE contract since 2013, but it could lose that deal in the near future. In late September, a government document indicated ICE wanted to replace FALCON with RAVEn, a new platform that was custom built for the agency. The document revealed that ICE had conducted a market study for RAVEn in 2018, and initiated the project's first two contracts later that year.\nICE awarded those two contracts, which were worth a combined $43 million, to Booz Allen Hamilton (NYSE:BAH) and KCI Acuity. ICE recently extended those two contracts to early 2022, then rolled out three much larger development contracts worth $300 million -- which brought Amazon, Microsoft (NASDAQ:MSFT), Alphabet's (NASDAQ:GOOG) (NASDAQ:GOOGL) Google, and other tech companies to the table at ICE's industry day earlier this year.\nTwo years ago, ICE renewed Palantir's contract to 2022. But Palantir's days are still likely numbered, and any future contract renewals will likely depend on the agency's progress with RAVEn.\nGaining a new U.S. Army contract\nPalantir's investors likely considered the ICE news to be a big setback for the company's long-term plans to become the \"default operating system for data across the U.S. government.\" It also indicated the U.S. government was willing to court bigger tech companies to reduce its overall dependence on Palantir, which still holds 28 active federal-level contracts.\n\nImage source: Getty Images.\nBut on Oct. 5, Palantir secured a new $823 million contract with the U.S. Army to develop its CD-2 (Capability Drop 2) data collection and analytics platform, which will be integrated with Gotham and replace the Army's legacy programs. CD-2 complements Palantir's other modernization projects with the U.S. Army, which already include CD-1 (Capability Drop 1) and its TITAN (Tactical Intelligence Targeting Access Node) platform.\nPalantir had been competing against BAE Systems (OTC:BAES.F) to win the CD-2 contract since early 2020. The new deal has a base contract of four years, with an optional three-year extension.\nThe good news outweighs the bad news (for now)\nPalantir may lose its ICE contract, which generated about $100 million in revenue over the past eight years, but it's gaining a new Army contract that could generate over $800 million in revenue over the next four to seven years. Therefore, the good news outweighs the bad news, and these developments won't derail Palantir's plans to maintain more than 30% annual revenue growth from 2021 to 2025.\nLosing the ICE contract could even be a blessing in disguise for Palantir, since it would end its most controversial partnership. Meanwhile, securing the CD-2 contract will tighten its relationship with the U.S. Army as well as the other branches of the U.S. military.\nPalantir's stock has more than doubled since its direct listing a year ago, and it still isn't cheap at 30 times this year's sales. But if you believe Palantir can achieve its long-term growth targets by expanding its Gotham platform for government agencies and Foundry platform for enterprise customers, it could still be a lucrative long-term investment in the high-end data analytics market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":258,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853010756,"gmtCreate":1634741132554,"gmtModify":1634741677857,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like&nbsp;","listText":"Pls like&nbsp;","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853010756","repostId":"1172842207","repostType":4,"repost":{"id":"1172842207","pubTimestamp":1634739913,"share":"https://www.laohu8.com/m/news/1172842207?lang=&edition=full","pubTime":"2021-10-20 22:25","market":"us","language":"en","title":"\"People Are Hoarding\" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist","url":"https://stock-news.laohu8.com/highlight/detail?id=1172842207","media":"zerohedge","summary":"It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it","content":"<p>It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously, the psychology of empty store shelves and President Biden's inability to normalize supply chains forced some people to panic hoard this fall as uncertainty about food supplies&nbsp;mount.</p>\n<p>Chris Jones, Senior Vice President of Government Affairs &amp; Counsel of the National Grocers Association, told&nbsp;Today, \"shopping early for the holidays is a wise strategy, especially under current conditions.\"</p>\n<blockquote>\n <i>\"There's plenty of food in the supply chain, but certain items may be harder to get at certain times due to a nationwide shortage of labor impacting manufacturers, shippers and retailers. Additionally, lack of enforcement of antitrust laws in the grocery marketplace have allowed dominant retailers to secure more favorable terms and ample supplies of high-demand goods while leaving many smaller retailers with limited selections or, in some cases, bare shelves,\" Jones said.</i>\n</blockquote>\n<p>In a separate report,&nbsp;USA Today&nbsp;listed items that customers are having trouble finding at grocery stores.</p>\n<blockquote>\n <i>This frozen treat is usually the perfect dessert, but in an email on Sept. 14, Ben &amp; Jerry's parent company, Unilever, cited labor shortages as the reason for reducing the amount of flavors produced. The company said it will focus on producing its most popular flavors. Phish Food lovers, you have nothing to worry about.</i>\n</blockquote>\n<blockquote>\n <i>Fertilizer plants, which lead to the production of carbon dioxide, had to reduce their output because of rising costs, causing shortages in food and other products, Per Hong, senior partner at consulting firm Kearney, told CNBC. \"We almost certainly will be faced with a global shortage of CO2 that is used widely. CO2 is used extensively in the food value chain from inside packaged food to keep it fresher longer, for dry ice to keep frozen food cold during delivery, to giving carbonated beverages their bubbles,\" he said.</i>\n</blockquote>\n<blockquote>\n <i>People have substituted fast food for home-cooked comfort meals, causing chicken to become scarce. In May, suppliers announced a shortage of chicken, which limited some restaurants' menu items and increased the price in stores.</i>\n</blockquote>\n<blockquote>\n <i>Brazil is a supplier of most of the world's coffee, but the country has been experiencing a drought that slowed production and transportation of coffee beans.</i>\n</blockquote>\n<blockquote>\n <i>Households with small children should be aware that diaper prices have increased because of increases in prices of raw materials, shipping delays and container shortages, according to Business Insider. Diaper manufacturers Proctor &amp; Gamble (Pampers and Luvs) and Kimberly-Clark (Huggies) announced price increases in early April.</i>\n</blockquote>\n<blockquote>\n <i>A customs dispute at the U.S.-Canada border has kept the Alaska pollock, which is used for fish sticks and sandwiches, stored across the border. Cross-border violations have halted transportation of the fish and may cause permanent seafood supply chain problems.</i>\n</blockquote>\n<blockquote>\n <i>Rodney Holcomb, food economist at Oklahoma State University, told ABC27 News that concerns over the delta coronavirus variant have some customers buying more than usual, as Americans saw at the beginning of the pandemic, in case there is another lockdown.</i>\n</blockquote>\n<blockquote>\n <i>With restrictions on indoor dining, most people switched to pickup, takeout and delivery orders, limiting the supply of individual ketchup packets. Kraft Heinz confirmed to USA TODAY in early April that it was working to increase supplies, such as adding manufacturing lines that would increase production by about 25% for a total of more than 12 billion packets a year.</i>\n</blockquote>\n<blockquote>\n <i>The holidays call for comfort foods – even if you aren't the one making it. But expect shortages of Marie Callender's 10-ounce and 15-ounce pot pies. According to parent company Conagra, it would be allocating shipments through Nov. 29 after it \"encountered packing material challenges from our tray and carton supplier resulting in a production interruption,\" CNN Business reports.</i>\n</blockquote>\n<blockquote>\n <i>With the holidays around the corner, meals being prepared across the nation may be missing a very important ingredient: seasonings. McCormick Gourmet spices are short of packaging supplies due to pandemic-related shutdowns. Lori Robinson, a spokesperson for McCormick, told CNN Business, \"Gourmet is the only product line impacted by this packaging shortage\" but can be substituted with their regular spices.</i>\n</blockquote>\n<blockquote>\n <i>This lunchbox treat's production has been \"below service expectations,\" as stated in an email sent to suppliers. The shortage persists as Kellogg's workers remain on strike, even though production lines have restarted as replacement workers were brought in.</i>\n</blockquote>\n<blockquote>\n <i>In an Oct. 1 email to a grocery distributor, parent company Mondelez says there is \"limited availability\" on some of their items such as Sour Patch Kids, Swedish Fish candy and Toblerone chocolate \"due to supply chain constraints.\"</i>\n</blockquote>\n<blockquote>\n <i>This is something that isn't new to the pandemic shortage list, but the industry has yet to keep up with the demand. The shortage stems from lumber's raw material, wood pulp, which is used to make toilet paper. Fox Business reports only 60% of orders are being shipped out. Some retailers, such as Costco, have reinstated purchasing limits.</i>\n</blockquote>\n<p>Persistent disruptions in supply chains continue to upended daily life as supplies of essential goods at grocery stores continue to dwindle.</p>\n<blockquote>\n <i><b>\"I never imagined that we'd be here in October 2021 talking about supply-chain problems, but it's a reality,\"</b></i>\n <i>Vivek Sankaran, CEO of supermarket chain Albertsons Cos., told Bloomberg. \"Any given day, you're going to have something missing in our stores, and it's across categories.\"</i>\n</blockquote>\n<p>Food suppliers are stocking up on extra supplies to mitigate panic hoarding. Saffron Road, a producer of frozen meals, is increasing inventory to about four months instead of two months.</p>\n<blockquote>\n <i>\"</i>\n <i><b>People are hoarding,\"</b></i>\n <i>said CEO and founder Adnan Durrani.</i>\n <i><b>\"What I think you'll see over the next six months, all prices will go higher.\"</b></i>\n</blockquote>\n<p>Food producers are also complaining about the challenges in the supply chain continuing and will unlikely wane by the end of this year, suggesting these issues will continue into early 2022.</p>\n<p>Last week, one of the top trending topics on Twitter was the hashtag&nbsp;#EmptyShelvesJoe, referring to&nbsp;Biden's inability to normalize supply chains that have resulted in empty store shelves at supermarkets.</p>\n<p>America is becoming more and more like a third-world nation as shortages and soaring food inflation crush the working poor.</p>\n<p></p>","source":"lsy1583725640930","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>\"People Are Hoarding\" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist</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\">\n\"People Are Hoarding\" - Supermarkets Are The Next Supply Chain Crunch As Food Shortages Persist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-20 22:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/bare-store-shelves-supermarkets-next-supply-chain-crunch-food-shortages-persist?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously...</p>\n\n<a href=\"https://www.zerohedge.com/markets/bare-store-shelves-supermarkets-next-supply-chain-crunch-food-shortages-persist?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://www.zerohedge.com/markets/bare-store-shelves-supermarkets-next-supply-chain-crunch-food-shortages-persist?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172842207","content_text":"It's been 19 months since the virus pandemic began, and supply chain disruptions continue, making it more difficult for customers to find their favorite item at supermarkets nationwide. Simultaneously, the psychology of empty store shelves and President Biden's inability to normalize supply chains forced some people to panic hoard this fall as uncertainty about food supplies mount.\nChris Jones, Senior Vice President of Government Affairs & Counsel of the National Grocers Association, told Today, \"shopping early for the holidays is a wise strategy, especially under current conditions.\"\n\n\"There's plenty of food in the supply chain, but certain items may be harder to get at certain times due to a nationwide shortage of labor impacting manufacturers, shippers and retailers. Additionally, lack of enforcement of antitrust laws in the grocery marketplace have allowed dominant retailers to secure more favorable terms and ample supplies of high-demand goods while leaving many smaller retailers with limited selections or, in some cases, bare shelves,\" Jones said.\n\nIn a separate report, USA Today listed items that customers are having trouble finding at grocery stores.\n\nThis frozen treat is usually the perfect dessert, but in an email on Sept. 14, Ben & Jerry's parent company, Unilever, cited labor shortages as the reason for reducing the amount of flavors produced. The company said it will focus on producing its most popular flavors. Phish Food lovers, you have nothing to worry about.\n\n\nFertilizer plants, which lead to the production of carbon dioxide, had to reduce their output because of rising costs, causing shortages in food and other products, Per Hong, senior partner at consulting firm Kearney, told CNBC. \"We almost certainly will be faced with a global shortage of CO2 that is used widely. CO2 is used extensively in the food value chain from inside packaged food to keep it fresher longer, for dry ice to keep frozen food cold during delivery, to giving carbonated beverages their bubbles,\" he said.\n\n\nPeople have substituted fast food for home-cooked comfort meals, causing chicken to become scarce. In May, suppliers announced a shortage of chicken, which limited some restaurants' menu items and increased the price in stores.\n\n\nBrazil is a supplier of most of the world's coffee, but the country has been experiencing a drought that slowed production and transportation of coffee beans.\n\n\nHouseholds with small children should be aware that diaper prices have increased because of increases in prices of raw materials, shipping delays and container shortages, according to Business Insider. Diaper manufacturers Proctor & Gamble (Pampers and Luvs) and Kimberly-Clark (Huggies) announced price increases in early April.\n\n\nA customs dispute at the U.S.-Canada border has kept the Alaska pollock, which is used for fish sticks and sandwiches, stored across the border. Cross-border violations have halted transportation of the fish and may cause permanent seafood supply chain problems.\n\n\nRodney Holcomb, food economist at Oklahoma State University, told ABC27 News that concerns over the delta coronavirus variant have some customers buying more than usual, as Americans saw at the beginning of the pandemic, in case there is another lockdown.\n\n\nWith restrictions on indoor dining, most people switched to pickup, takeout and delivery orders, limiting the supply of individual ketchup packets. Kraft Heinz confirmed to USA TODAY in early April that it was working to increase supplies, such as adding manufacturing lines that would increase production by about 25% for a total of more than 12 billion packets a year.\n\n\nThe holidays call for comfort foods – even if you aren't the one making it. But expect shortages of Marie Callender's 10-ounce and 15-ounce pot pies. According to parent company Conagra, it would be allocating shipments through Nov. 29 after it \"encountered packing material challenges from our tray and carton supplier resulting in a production interruption,\" CNN Business reports.\n\n\nWith the holidays around the corner, meals being prepared across the nation may be missing a very important ingredient: seasonings. McCormick Gourmet spices are short of packaging supplies due to pandemic-related shutdowns. Lori Robinson, a spokesperson for McCormick, told CNN Business, \"Gourmet is the only product line impacted by this packaging shortage\" but can be substituted with their regular spices.\n\n\nThis lunchbox treat's production has been \"below service expectations,\" as stated in an email sent to suppliers. The shortage persists as Kellogg's workers remain on strike, even though production lines have restarted as replacement workers were brought in.\n\n\nIn an Oct. 1 email to a grocery distributor, parent company Mondelez says there is \"limited availability\" on some of their items such as Sour Patch Kids, Swedish Fish candy and Toblerone chocolate \"due to supply chain constraints.\"\n\n\nThis is something that isn't new to the pandemic shortage list, but the industry has yet to keep up with the demand. The shortage stems from lumber's raw material, wood pulp, which is used to make toilet paper. Fox Business reports only 60% of orders are being shipped out. Some retailers, such as Costco, have reinstated purchasing limits.\n\nPersistent disruptions in supply chains continue to upended daily life as supplies of essential goods at grocery stores continue to dwindle.\n\n\"I never imagined that we'd be here in October 2021 talking about supply-chain problems, but it's a reality,\"\nVivek Sankaran, CEO of supermarket chain Albertsons Cos., told Bloomberg. \"Any given day, you're going to have something missing in our stores, and it's across categories.\"\n\nFood suppliers are stocking up on extra supplies to mitigate panic hoarding. Saffron Road, a producer of frozen meals, is increasing inventory to about four months instead of two months.\n\n\"\nPeople are hoarding,\"\nsaid CEO and founder Adnan Durrani.\n\"What I think you'll see over the next six months, all prices will go higher.\"\n\nFood producers are also complaining about the challenges in the supply chain continuing and will unlikely wane by the end of this year, suggesting these issues will continue into early 2022.\nLast week, one of the top trending topics on Twitter was the hashtag #EmptyShelvesJoe, referring to Biden's inability to normalize supply chains that have resulted in empty store shelves at supermarkets.\nAmerica is becoming more and more like a third-world nation as shortages and soaring food inflation crush the working poor.","news_type":1},"isVote":1,"tweetType":1,"viewCount":542,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823647770,"gmtCreate":1633620920039,"gmtModify":1633620920683,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like","listText":"Pls like","text":"Pls like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823647770","repostId":"2173944807","repostType":4,"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":866240047,"gmtCreate":1632787007689,"gmtModify":1632797593597,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/866240047","repostId":"1179785946","repostType":4,"isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861443262,"gmtCreate":1632534164156,"gmtModify":1632710271821,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861443262","repostId":"2170619785","repostType":4,"repost":{"id":"2170619785","pubTimestamp":1632518354,"share":"https://www.laohu8.com/m/news/2170619785?lang=&edition=full","pubTime":"2021-09-25 05:19","market":"sg","language":"en","title":"Dow Jones, S&P 500 end with gains up after bumpy week, but Nike drags","url":"https://stock-news.laohu8.com/highlight/detail?id=2170619785","media":"The Straits Times","summary":"NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week","content":"<div>\n<p>NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike.\nAthletic...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags\">Web Link</a>\n\n</div>\n","source":"straits_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>Dow Jones, S&P 500 end with gains up after bumpy week, but Nike drags</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow Jones, S&P 500 end with gains up after bumpy week, but Nike drags\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-25 05:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike.\nAthletic...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF",".IXIC":"NASDAQ Composite","SPY":"标普500ETF","OEF":"标普100指数ETF-iShares","SH":"标普500反向ETF","OEX":"标普100","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","NKE":"耐克","SPXU":"三倍做空标普500ETF","SSO":"两倍做多标普500ETF",".DJI":"道琼斯","SDS":"两倍做空标普500ETF","IVV":"标普500指数ETF"},"source_url":"http://www.straitstimes.com/business/companies-markets/dow-jones-sp-500-end-with-gains-up-after-bumpy-week-but-nike-drags","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170619785","content_text":"NEW YORK (REUTERS) - The Dow and S&P 500 edged higher on Friday (Sept 24) and ended a turbulent week with slight increases, helped by gains in Tesla and Facebook that offset a tumble by Nike.\nAthletic wear company Nike's shares fell 6.3% and were the biggest drag on the Dow and the S&P 500 after it delivered a downbeat sales forecast and warned of delays during the holiday shopping season, blaming a supply chain crunch.\nShares of footwear retailer Foot Locker also fell sharply. On the flip side, Facebook climbed 2% and Tesla rose 2.7%.\nThe S&P communication services sector climbed 0.7% and was the second-biggest sector gainer of the day after energy, up 0.8%.\nStocks bounced back from a sharp selloff at the start of the week tied in part to concerns over a default by China's Evergrande and its potential risk to global financial markets.\nOn Friday, Evergrande's electric car unit warned it faced an uncertain future unless it got a swift injection of cash, the clearest sign yet that the property developer's liquidity crisis is worsening in other parts of its business.\n\"You've had a good recovery from the lows\" this week, said Rick Meckler, partner, Cherry Lane Investments, a family investment office in New Vernon, New Jersey.\n\"With rates this low - even if they are going to move up slowly - and with the fiscal stimulus you'll probably see coming, I think investors still prefer stocks to any other asset class. Stocks remain in a weird way what investors see as the safe place.\"\nOn Wednesday, the Federal Reserve said it would reduce its monthly bond purchases \"soon\" and half of the Fed's policymakers projected borrowing costs will need to rise in 2022.\nThe Dow Jones Industrial Average rose 33.18 points, or 0.1%, to 34,798, the S&P 500 gained 6.5 points, or 0.15%, to 4,455.48 and the Nasdaq Composite dropped 4.55 points, or 0.03%, to 15,047.70.\nFor the week, the Dow was up 0.6%, the S&P 500 gained 0.5% and the Nasdaq was near flat.\nShares of cryptocurrency-related firms Coinbase Global, MicroStrategy Inc, Riot Blockchain and Marathon Patent Group fell after China's central bank put a ban on crypto trading and mining. \"It's been a very volatile week to say the least, so I think going into the last week of September the volatility is likely to continue especially with the end-of-the-quarter window dressing,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.\nInvestors are also looking for signs of progress on President Joe Biden's spending and budget bills.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.50-to-1 ratio; on Nasdaq, a 1.40-to-1 ratio favored decliners.\nThe S&P 500 posted 21 new 52-week highs and 6 new lows; the Nasdaq Composite recorded 82 new highs and 73 new lows.\nVolume on US exchanges was 9.00 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":861263346,"gmtCreate":1632498510585,"gmtModify":1632715413829,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Pls like n comments&nbsp;","listText":"Pls like n comments&nbsp;","text":"Pls like n comments","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/861263346","repostId":"2169153886","repostType":4,"repost":{"id":"2169153886","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1632494459,"share":"https://www.laohu8.com/m/news/2169153886?lang=&edition=full","pubTime":"2021-09-24 22:40","market":"us","language":"en","title":"Friday's Market Minute: Takeaways From Another Volatile Earnings Season","url":"https://stock-news.laohu8.com/highlight/detail?id=2169153886","media":"Benzinga","summary":"For many, Nike’s (NYSE: NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was one worth noting.","content":"<blockquote>\n <b>Each quarter’s reports have brought on their own set of hills and valleys. Here is the Summary...</b>\n</blockquote>\n<p>For many, <b>Nike’s </b>(NYSE:NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was <a href=\"https://laohu8.com/S/AONE.U\">one</a> worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys.</p>\n<p>The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well above year-ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, but these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. The earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAANG stocks, <b>Amazon </b>(NASDAQ:AMZN) was the only company that reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on the top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</p>\n<p>For many, Nike’s quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys. The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well-above year ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. Earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAAMG stocks, Amazon was the only company who reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</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>Friday's Market Minute: Takeaways From Another Volatile Earnings Season</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\">\nFriday's Market Minute: Takeaways From Another Volatile Earnings Season\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-09-24 22:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>Each quarter’s reports have brought on their own set of hills and valleys. Here is the Summary...</b>\n</blockquote>\n<p>For many, <b>Nike’s </b>(NYSE:NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was <a href=\"https://laohu8.com/S/AONE.U\">one</a> worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys.</p>\n<p>The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well above year-ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, but these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. The earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAANG stocks, <b>Amazon </b>(NASDAQ:AMZN) was the only company that reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on the top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</p>\n<p>For many, Nike’s quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys. The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well-above year ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.</p>\n<p>Plus, not only was there a record amount of companies beating earnings estimates, these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. Earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.</p>\n<p>Within the heavily traded and scrutinized FAAMG stocks, Amazon was the only company who reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.</p>\n<p>While it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","NKE":"耐克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169153886","content_text":"Each quarter’s reports have brought on their own set of hills and valleys. Here is the Summary...\n\nFor many, Nike’s (NYSE:NKE) quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third-quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys.\nThe average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well above year-ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.\nPlus, not only was there a record amount of companies beating earnings estimates, but these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. The earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.\nWithin the heavily traded and scrutinized FAANG stocks, Amazon (NASDAQ:AMZN) was the only company that reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on the top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.\nWhile it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.\nFor many, Nike’s quarterly report means the unofficial end to earnings season. While bank earnings are now only a few weeks away, marking the start to the third quarter reports, the second quarter was one worth noting. Since the pandemic sent the broader market into disarray roughly a year and a half ago, each quarter’s reports have brought on their own set of hills and valleys. The average earnings growth for the period was over 93%, which is the highest on record since 4Q of 2009. On a quarter-over-quarter basis, earnings grew over 6% on average from 1Q21 to 2Q21 and were well-above year ago levels (although facing relatively easy comps to last year’s economic backdrop). Revenue also grew substantially, posting the largest improvement compared to the last nine quarters.\nPlus, not only was there a record amount of companies beating earnings estimates, these companies also beat expectations by a much higher margin compared to historical levels. Over 87% of companies beat in 2Q, which tied for the highest percentage beat rate in history. Earnings beat was also 87% in 1Q21, 79% in 4Q20, 84% in 3Q20, and 82% in 2Q20 – showing the real strength of the last five quarters. For historical context, the average beat rate since 1994 stands at roughly 66%.\nWithin the heavily traded and scrutinized FAAMG stocks, Amazon was the only company who reported revenue that disappointed the Street. It was also the e-commerce giant’s first miss since 3Q of 2018, and the stock saw a good amount of selling following the miss (-7.5%). Nike also saw some pressure after reporting a bottom-line beat, but a miss on top line. The athletic apparel retailer highlighted one major theme that has been mentioned consistently throughout the quarter: supply chain disruptions. Nike’s management said its fiscal 1Q sales would have been higher than reported, if not for supply-chain issues.\nWhile it is unclear how to gauge when this headwind will be resolved, as several parts of the world continue in a reduced capacity or lockdown, this is a pressure that is extended into the upcoming quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826476572,"gmtCreate":1634050155140,"gmtModify":1634050155747,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826476572","repostId":"1177982171","repostType":4,"repost":{"id":"1177982171","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":1634047422,"share":"https://www.laohu8.com/m/news/1177982171?lang=&edition=full","pubTime":"2021-10-12 22:03","market":"us","language":"en","title":"MGM Resorts surged more than 7% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1177982171","media":"Tiger Newspress","summary":"MGM Resorts surged more than 7% in morning trading as MGM Resorts upgraded to outperform from neutra","content":"<p>MGM Resorts surged more than 7% in morning trading&nbsp;as&nbsp;MGM Resorts upgraded to outperform from neutral at Credit Suisse, price target $68.</p>\n<p><img src=\"https://static.tigerbbs.com/bef4b2b921b77dcccd44ac1945651d82\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>New casino operations and a healthy cash flow should help boost&nbsp;MGM Resorts&nbsp;in the year ahead, according to Credit Suisse.</p>\n<p>Analyst Benjamin Chaiken upgraded the stock to outperform from neutral, saying Tuesday in a note to clients that the company deserves a second look from investors.</p>\n<p>Credit Suisse raised its price target for MGM to $68 per share from $33 per share. The new target is 53% above where the stock closed Monday.</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>MGM Resorts surged more than 7% in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMGM Resorts surged more than 7% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-12 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>MGM Resorts surged more than 7% in morning trading&nbsp;as&nbsp;MGM Resorts upgraded to outperform from neutral at Credit Suisse, price target $68.</p>\n<p><img src=\"https://static.tigerbbs.com/bef4b2b921b77dcccd44ac1945651d82\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p>\n<p>New casino operations and a healthy cash flow should help boost&nbsp;MGM Resorts&nbsp;in the year ahead, according to Credit Suisse.</p>\n<p>Analyst Benjamin Chaiken upgraded the stock to outperform from neutral, saying Tuesday in a note to clients that the company deserves a second look from investors.</p>\n<p>Credit Suisse raised its price target for MGM to $68 per share from $33 per share. The new target is 53% above where the stock closed Monday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MGM":"美高梅"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177982171","content_text":"MGM Resorts surged more than 7% in morning trading as MGM Resorts upgraded to outperform from neutral at Credit Suisse, price target $68.\n\nNew casino operations and a healthy cash flow should help boost MGM Resorts in the year ahead, according to Credit Suisse.\nAnalyst Benjamin Chaiken upgraded the stock to outperform from neutral, saying Tuesday in a note to clients that the company deserves a second look from investors.\nCredit Suisse raised its price target for MGM to $68 per share from $33 per share. The new target is 53% above where the stock closed Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868761747,"gmtCreate":1632706079789,"gmtModify":1632798434697,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Can trust or not?","listText":"Can trust or not?","text":"Can trust or not?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868761747","repostId":"2170648199","repostType":4,"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":868603375,"gmtCreate":1632634323897,"gmtModify":1632648022605,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sell AMC?","listText":"Sell AMC?","text":"Sell AMC?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/868603375","repostId":"2170146216","repostType":4,"repost":{"id":"2170146216","pubTimestamp":1632628602,"share":"https://www.laohu8.com/m/news/2170146216?lang=&edition=full","pubTime":"2021-09-26 11:56","market":"us","language":"en","title":"This Announcement from Disney's CEO Is Bad News for AMC","url":"https://stock-news.laohu8.com/highlight/detail?id=2170146216","media":"Motley Fool","summary":"The House of Mouse did not commit to releasing films exclusively in theaters beyond this year.","content":"<p><b>The Walt Disney Company</b> (NYSE:DIS) CEO Bob Chapek presented at a virtual conference hosted by <b>Goldman Sachs</b>. As part of that discussion, Chapek talked about Disney's various business segments and strategies.</p>\n<p>Unsurprisingly, the topic of exclusive theatrical film releases came up -- to which the CEO gave insight into the company's thinking. The House of Mouse is not committing to exclusive theatrical releases in the future. The announcement follows a previous <a href=\"https://laohu8.com/S/AONE.U\">one</a> where Disney said it would exclusively release the rest of its 2021 film slate in theaters. Let's dive deeper and discern why it could be bad news for movie theater chain <b>AMC Entertainment Group</b> (NYSE:AMC).<img src=\"https://static.tigerbbs.com/21f008bc5de5578fa8adf50a52483edf\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\">Image source: Getty Images.</p>\n<h2>Disney is keeping its options open</h2>\n<p>Since the pandemic onset, Disney has implemented three methods of releasing new films: Direct to its streaming service free to subscribers, simultaneous release in theaters with the option to buy the movie on streaming service for $29.99, and finally, the traditional exclusive theatrical release. Note, studios typically split box-office revenue 50/50 with theater chains.</p>\n<p>Out of the three, there is no question AMC would prefer exclusive theatrical releases. That way, if consumers want to see the movie, they have no choice but to go to a theater to watch it. That is, of course, for the first 30 days or 45 days or however long the exclusivity agreement is in place before it moves onto streaming services. With no option other than to wait, consumers could be enticed to watch in theaters.</p>\n<p>At the opposite end of the spectrum are the free to existing subscribers direct to streaming releases. These are the worst for AMC because the films never hit theaters, earning zero revenue.</p>\n<p>Although not the best, the simultaneous release format gives AMC a chance to bring people to theaters and earn revenue on ticket sales and concessions. Marvel's <i>Black Widow</i> was released in theaters and on Disney+ for purchase at $29.99 on the same day. As of this writing, the film has grossed $378 million in box office sales -- not to mention the revenue earned from selling $9 popcorn and $6 soda.</p>\n<p>The film also earned $125 million in sales on Disney+. At $29.99 per purchase, that constitutes at least four million households. You can start to see how a simultaneous release could cannibalize box office sales.</p>\n<p>Therefore, AMC must not have been happy with the Disney CEO's failure to commit to exclusive theatrical releases in the future. Disney already committed to exclusive releases for the rest of 2021, so there was hope it would extend the decision long-term, which was not the case.</p>\n<h2>Home theaters are getting better</h2>\n<p>Box office ticket sales have been on a steady decline for two decades. The in-home viewing experience has improved over the years, while the theater experience has stayed roughly the same, albeit more expensive.</p>\n<p>The coronavirus pandemic allowed studios like Disney to experiment and learn from multiple film release options. Before the outbreak, the only option had been exclusive theatrical. Studios would not be prudent if they didn't hold onto that option, even if they don't end up exercising it. At the very least, it could improve studios' negotiation power over revenue split and other terms against AMC.</p>\n<p>As AMC battles to bounce back from lost revenue during the pandemic, news like this from Disney will not help.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This Announcement from Disney's CEO Is Bad News for AMC</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\">\nThis Announcement from Disney's CEO Is Bad News for AMC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-26 11:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/25/this-announcement-from-disneys-ceo-is-bad-news-for/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Walt Disney Company (NYSE:DIS) CEO Bob Chapek presented at a virtual conference hosted by Goldman Sachs. As part of that discussion, Chapek talked about Disney's various business segments and ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/25/this-announcement-from-disneys-ceo-is-bad-news-for/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NWS":"新闻集团","AMC":"AMC院线","DIS":"迪士尼"},"source_url":"https://www.fool.com/investing/2021/09/25/this-announcement-from-disneys-ceo-is-bad-news-for/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170146216","content_text":"The Walt Disney Company (NYSE:DIS) CEO Bob Chapek presented at a virtual conference hosted by Goldman Sachs. As part of that discussion, Chapek talked about Disney's various business segments and strategies.\nUnsurprisingly, the topic of exclusive theatrical film releases came up -- to which the CEO gave insight into the company's thinking. The House of Mouse is not committing to exclusive theatrical releases in the future. The announcement follows a previous one where Disney said it would exclusively release the rest of its 2021 film slate in theaters. Let's dive deeper and discern why it could be bad news for movie theater chain AMC Entertainment Group (NYSE:AMC).Image source: Getty Images.\nDisney is keeping its options open\nSince the pandemic onset, Disney has implemented three methods of releasing new films: Direct to its streaming service free to subscribers, simultaneous release in theaters with the option to buy the movie on streaming service for $29.99, and finally, the traditional exclusive theatrical release. Note, studios typically split box-office revenue 50/50 with theater chains.\nOut of the three, there is no question AMC would prefer exclusive theatrical releases. That way, if consumers want to see the movie, they have no choice but to go to a theater to watch it. That is, of course, for the first 30 days or 45 days or however long the exclusivity agreement is in place before it moves onto streaming services. With no option other than to wait, consumers could be enticed to watch in theaters.\nAt the opposite end of the spectrum are the free to existing subscribers direct to streaming releases. These are the worst for AMC because the films never hit theaters, earning zero revenue.\nAlthough not the best, the simultaneous release format gives AMC a chance to bring people to theaters and earn revenue on ticket sales and concessions. Marvel's Black Widow was released in theaters and on Disney+ for purchase at $29.99 on the same day. As of this writing, the film has grossed $378 million in box office sales -- not to mention the revenue earned from selling $9 popcorn and $6 soda.\nThe film also earned $125 million in sales on Disney+. At $29.99 per purchase, that constitutes at least four million households. You can start to see how a simultaneous release could cannibalize box office sales.\nTherefore, AMC must not have been happy with the Disney CEO's failure to commit to exclusive theatrical releases in the future. Disney already committed to exclusive releases for the rest of 2021, so there was hope it would extend the decision long-term, which was not the case.\nHome theaters are getting better\nBox office ticket sales have been on a steady decline for two decades. The in-home viewing experience has improved over the years, while the theater experience has stayed roughly the same, albeit more expensive.\nThe coronavirus pandemic allowed studios like Disney to experiment and learn from multiple film release options. Before the outbreak, the only option had been exclusive theatrical. Studios would not be prudent if they didn't hold onto that option, even if they don't end up exercising it. At the very least, it could improve studios' negotiation power over revenue split and other terms against AMC.\nAs AMC battles to bounce back from lost revenue during the pandemic, news like this from Disney will not help.","news_type":1},"isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858950916,"gmtCreate":1634966652344,"gmtModify":1634966652934,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"May be overpriced! Time to encash especially if you bought at previous high price…..","listText":"May be overpriced! Time to encash especially if you bought at previous high price…..","text":"May be overpriced! Time to encash especially if you bought at previous high price…..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858950916","repostId":"1166213725","repostType":4,"repost":{"id":"1166213725","pubTimestamp":1634948473,"share":"https://www.laohu8.com/m/news/1166213725?lang=&edition=full","pubTime":"2021-10-23 08:21","market":"us","language":"en","title":"Tesla Stock Closed Above $900 for First Time. What Could Come Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1166213725","media":"Barrons","summary":"Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?Tesla  stock closed at $909.68, up about 1.8%. The S&P 500 dropped about 0.1%, while the Dow Jones Industrial Average added about 0.2%.Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&P. Tesla debt is now BB+ rated, one notch below investment grade.Tesla stoc","content":"<p>Tesla&nbsp;stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?</p>\n<p>Tesla (ticker: TSLA) stock closed at $909.68, up about 1.8%. The&nbsp;S&amp;P 500&nbsp;dropped about 0.1%, while the&nbsp;Dow Jones Industrial Average&nbsp;added about 0.2%.</p>\n<p>Shares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&amp;P. Tesla debt is now BB+ rated, one notch below investment grade.</p>\n<p>Tesla stock’s new 52-week intraday high is $910 on the nose. The old high-water mark of $900.40 was set on Jan. 25, according to Dow Jones Market Data. On Thursday, Tesla closed at a record for the first time since Jan. 26.</p>\n<p>Shares are up about 40% over the past three months, pushing the market cap to roughly $910 billion. (Tesla has about 1 billion shares outstanding, making the math easy.)</p>\n<p>Bulls, naturally, see more gains ahead. Wedbush analyst Dan Ives raised his bull-case Tesla stock price target to $1,500 from $1,300 after the company reported better-than-expected earnings on Wednesday.</p>\n<p>“Tesla is rising because earnings revisions are soaring,” points out Gary Black, managing partner of the Future Fund Active exchange-traded fund. Analyst estimates for Tesla’s 2022 earnings have risen to about $8 a share from $6 over the past few weeks. “Rising estimates drove Tesla to the moon in 2020. They will drive Tesla to $1,000-plus in 2022,” Black says.</p>\n<p>Ives rates Tesla stock Buy, and Tesla is the largest position in Black’s fund.</p>\n<p>Yes, there are still Tesla bears out there who believe the stock is overvalued. The bottom third of analyst price targets averages about $425, less than half of Friday’s close.</p>\n<p>Bears expect the sky-high valuation to give investors pause eventually. Stocks don’t usually fall just because investors, collectively, wake up one morning and feel differently about valuation. Something has to happen. The overall market could tumble, or the business could trip up. Analysts expect Tesla deliveries to grow to 1.3 million units in 2022 from about 890,000 units in 2021. Any hiccup to growth would be a negative catalyst for shares.</p>\n<p>Whether the stock rises or falls in the short run is anyone’s guess. For now, though, the momentum belongs to Tesla bulls.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Stock Closed Above $900 for First Time. What Could Come Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Stock Closed Above $900 for First Time. What Could Come Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-23 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?\nTesla (ticker: TSLA) stock closed at $909.68, up about ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-stock-record-high-51634913773?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166213725","content_text":"Tesla stock hit a new all-time high in Friday trading, and closed at a record. The stock’s recent run has been incredible. How high can it go?\nTesla (ticker: TSLA) stock closed at $909.68, up about 1.8%. The S&P 500 dropped about 0.1%, while the Dow Jones Industrial Average added about 0.2%.\nShares of the electric-vehicle giant have been boosted by strong deliveries and earnings. Shares also got a boost Friday from a credit upgrade at S&P. Tesla debt is now BB+ rated, one notch below investment grade.\nTesla stock’s new 52-week intraday high is $910 on the nose. The old high-water mark of $900.40 was set on Jan. 25, according to Dow Jones Market Data. On Thursday, Tesla closed at a record for the first time since Jan. 26.\nShares are up about 40% over the past three months, pushing the market cap to roughly $910 billion. (Tesla has about 1 billion shares outstanding, making the math easy.)\nBulls, naturally, see more gains ahead. Wedbush analyst Dan Ives raised his bull-case Tesla stock price target to $1,500 from $1,300 after the company reported better-than-expected earnings on Wednesday.\n“Tesla is rising because earnings revisions are soaring,” points out Gary Black, managing partner of the Future Fund Active exchange-traded fund. Analyst estimates for Tesla’s 2022 earnings have risen to about $8 a share from $6 over the past few weeks. “Rising estimates drove Tesla to the moon in 2020. They will drive Tesla to $1,000-plus in 2022,” Black says.\nIves rates Tesla stock Buy, and Tesla is the largest position in Black’s fund.\nYes, there are still Tesla bears out there who believe the stock is overvalued. The bottom third of analyst price targets averages about $425, less than half of Friday’s close.\nBears expect the sky-high valuation to give investors pause eventually. Stocks don’t usually fall just because investors, collectively, wake up one morning and feel differently about valuation. Something has to happen. The overall market could tumble, or the business could trip up. Analysts expect Tesla deliveries to grow to 1.3 million units in 2022 from about 890,000 units in 2021. Any hiccup to growth would be a negative catalyst for shares.\nWhether the stock rises or falls in the short run is anyone’s guess. For now, though, the momentum belongs to Tesla bulls.","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":852162414,"gmtCreate":1635254077955,"gmtModify":1635254216143,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/852162414","repostId":"1107955725","repostType":2,"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603519468,"gmtCreate":1638425245963,"gmtModify":1638425504447,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>Why drop so much?","listText":"<a href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>Why drop so much?","text":"$CHINA TOWER(00788)$Why drop so much?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603519468","isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603519137,"gmtCreate":1638425214044,"gmtModify":1638425503849,"author":{"id":"3567141277226150","authorId":"3567141277226150","name":"AppleMango","avatar":"https://static.tigerbbs.com/68d3e430c230d4cfd4e97044c56f2b6d","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>What happen today drop so much?","listText":"<a href=\"https://laohu8.com/S/00788\">$CHINA TOWER(00788)$</a>What happen today drop so much?","text":"$CHINA TOWER(00788)$What happen today drop so much?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603519137","isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}