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2021-11-25
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ASML: It's A Leading Semiconductor Player, But Don't Buy Now
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2021-10-21
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2021-10-14
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GitLab Announces Pricing of Initial Public Offering
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2021-10-08
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Lasertec Gets First Next-Gen Gear Orders From Memory Chipmakers
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2021-10-07
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The 4 catalysts that could drive Amazon 29% higher in the next year, according to JPMorgan
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2021-05-18
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2021-05-06
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2021-03-18
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2021-03-11
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2021-03-08
还有利好吗?
Dow futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill
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2021-03-04
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2021-02-23
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Yellen sounds warning about ‘extremely inefficient’ bitcoin
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2021-02-18
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2021-02-13
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2021-02-07
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2021-02-05
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2021-02-03
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2021-01-30
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2021-01-26
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Chinese electric carmaker Xpeng rolls out autonomous highway driving features
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2021-01-24
[思考]
Cryptos Won’t Work as Actual Currencies, UBS Economist Says
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ntial":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874440711","repostId":"1183200074","repostType":4,"repost":{"id":"1183200074","pubTimestamp":1637811543,"share":"https://www.laohu8.com/m/news/1183200074?lang=&edition=full","pubTime":"2021-11-25 11:39","market":"us","language":"en","title":"ASML: It's A Leading Semiconductor Player, But Don't Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1183200074","media":"Seeking Alpha","summary":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edg","content":"<p><b>Summary</b></p>\n<ul>\n <li>ASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.</li>\n <li>Investors have been willing to pay up for its dominance in this market.</li>\n <li>However, its current valuation looks stretched, as growth is expected to slow.</li>\n <li>We discuss why we think investors should wait for a deeper retracement first before considering adding exposure.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad6d47b090e53e0f884bb297357356fb\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>ASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.</p>\n<p>ASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.</p>\n<p>Nevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.</p>\n<p><b>ASML Stock YTD Performance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/169b4c2f1ad5b898301963a7c316e12e\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>ASML stock YTD performance (as of 23 November 21).</span></p>\n<p>It has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.</p>\n<p><b>A Strong 2021 for ASML. What about its Prognosis Moving Forward?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2983887c701a83a264bdfae1302ba7c4\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>SEMI 2021 mid-year total equipment forecast by segment. Source: SEMI</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d62038d494d773331d57f45fb3bf07df\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML quarterly revenue & YoY change. Data source: S&P Capital IQ</span></p>\n<p>It has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):</p>\n<blockquote>\n <i>We're seeing continued strong demand from our customers across all market segments</i>from both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.\n <i>Therefore, we continue to increase our capacity</i>for all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e67ec84e5d14097765f5787d32fe192e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML share of revenue by technology. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3380359fecb47be9aa6ce3c11d93d88d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML sales count of EUV machines. Data source: Company filings</span></p>\n<p>EUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.</p>\n<p>Nevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.</p>\n<p>TSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:</p>\n<blockquote>\n Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)\n</blockquote>\n<p>Hence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.</p>\n<p>In addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"</p>\n<p>Even ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):</p>\n<blockquote>\n <i>So -- and the real answer is we don't know</i>. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.\n <i>So there is this underlying trend that we really don't understand fully.</i>(from ASML's FQ3'21 earnings call)\n</blockquote>\n<p><b>So, is ASML Stock a Buy Now?</b></p>\n<p>Much has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.</p>\n<p>Mordor Intelligence estimates that the EUV market would grow by a CAGR of 15% from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):</p>\n<blockquote>\n Yes. I mean, we have corrections.\n <i>We have always seen corrections in our industry. I'm not going to say that they're not there</i>. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc259fe73c80630f1e3482dab4712cca\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML est. revenue mean consensus. Data source: S&P Capital IQ</span></p>\n<p>We applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44c022f15bd09540111ab4db82dcff88\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML EV/Fwd EBITDA valuation trend. Data source: S&P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bc2b2d8f96dd007a5c727b7b0762c7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>ASML stock EV/NTM EBITDA 3Y mean.</span></p>\n<p>We believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.</p>\n<p>However, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.</p>\n<p>There is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.</p>\n<p>Consequently, we<i>rate ASML at Neutral for now</i>. But we may consider adding exposure if we observe a meaningful retracement.</p>\n<p>Written by JR Research</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>ASML: It's A Leading Semiconductor Player, But Don't Buy Now</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\">\nASML: It's A Leading Semiconductor Player, But Don't Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 11:39 GMT+8 <a href=https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.\nInvestors have been willing to pay up for its ...</p>\n\n<a href=\"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASML":"阿斯麦"},"source_url":"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183200074","content_text":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.\nInvestors have been willing to pay up for its dominance in this market.\nHowever, its current valuation looks stretched, as growth is expected to slow.\nWe discuss why we think investors should wait for a deeper retracement first before considering adding exposure.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.\nASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.\nNevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.\nASML Stock YTD Performance\nASML stock YTD performance (as of 23 November 21).\nIt has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.\nA Strong 2021 for ASML. What about its Prognosis Moving Forward?\nSEMI 2021 mid-year total equipment forecast by segment. Source: SEMI\nASML quarterly revenue & YoY change. Data source: S&P Capital IQ\nIt has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):\n\nWe're seeing continued strong demand from our customers across all market segmentsfrom both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.\n Therefore, we continue to increase our capacityfor all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)\n\nASML share of revenue by technology. Data source: Company filings\nASML sales count of EUV machines. Data source: Company filings\nEUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.\nNevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.\nTSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:\n\n Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)\n\nHence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.\nIn addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"\nEven ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):\n\nSo -- and the real answer is we don't know. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.\n So there is this underlying trend that we really don't understand fully.(from ASML's FQ3'21 earnings call)\n\nSo, is ASML Stock a Buy Now?\nMuch has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.\nMordor Intelligence estimates that the EUV market would grow by a CAGR of 15% from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):\n\n Yes. I mean, we have corrections.\n We have always seen corrections in our industry. I'm not going to say that they're not there. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)\n\nASML est. revenue mean consensus. Data source: S&P Capital IQ\nWe applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.\nASML EV/Fwd EBITDA valuation trend. Data source: S&P Capital IQ\nASML stock EV/NTM EBITDA 3Y mean.\nWe believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.\nHowever, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.\nThere is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.\nConsequently, werate ASML at Neutral for now. But we may consider adding exposure if we observe a meaningful retracement.\nWritten by JR Research","news_type":1},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853891602,"gmtCreate":1634785614466,"gmtModify":1634785717724,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/853891602","repostId":"1197031747","repostType":4,"isVote":1,"tweetType":1,"viewCount":791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825028973,"gmtCreate":1634180091046,"gmtModify":1634180091202,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825028973","repostId":"2175129162","repostType":4,"repost":{"id":"2175129162","pubTimestamp":1634172360,"share":"https://www.laohu8.com/m/news/2175129162?lang=&edition=full","pubTime":"2021-10-14 08:46","market":"us","language":"en","title":"GitLab Announces Pricing of Initial Public Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2175129162","media":"GlobeNewswire","summary":"SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, a","content":"<p>SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common stock at a public offering price of $77.00 per share. The offering consists of 8,420,000 shares of Class A common stock to be sold by GitLab Inc. and 1,980,000 shares of Class A common stock to be sold by an existing stockholder affiliated with Sytse “Sid” Sijbrandij, Gitlab Inc.’s Co-founder, Chief Executive Officer, and Board of Directors Chair (the “Selling Stockholder”). Gitlab Inc. will not receive any proceeds from the sale of shares of common stock by the Selling Stockholder.</p>\n<p>The shares are expected to begin trading on the Nasdaq Global Select Market on October 14, 2021 under the ticker symbol “GTLB.” The offering is expected to close on October 18, 2021, subject to the satisfaction of customary closing conditions.</p>\n<p>In addition, GitLab Inc. and the Selling Stockholder have granted the underwriters a 30-day option to purchase up to an additional 1,040,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.</p>\n<p>Goldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the offering. UBS Investment Bank, RBC Capital Markets, Truist Securities and Piper Sandler are acting as joint book-running managers for the offering. Cowen, KeyBanc Capital Markets, and William Blair are acting as co-managers for the offering.</p>\n<p>A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 13, 2021. The offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained, when available, from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (866) 803-9204, or by emailing prospectus-eq_fi@jpmchase.com; or BofA Securities, Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Dg.prospectus_requests@bofa.com.</p>\n<p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>\n<p><b>About GitLab Inc.</b></p>\n<p>GitLab Inc. is the provider of The DevOps platform, a single application that brings together development, operations, IT, security, and business teams to deliver desired business outcomes.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GitLab Announces Pricing of Initial Public Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGitLab Announces Pricing of Initial Public Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-14 08:46 GMT+8 <a href=https://finance.yahoo.com/news/gitlab-announces-pricing-initial-public-002300218.html><strong>GlobeNewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common...</p>\n\n<a href=\"https://finance.yahoo.com/news/gitlab-announces-pricing-initial-public-002300218.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GTLB":"GitLab, Inc."},"source_url":"https://finance.yahoo.com/news/gitlab-announces-pricing-initial-public-002300218.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2175129162","content_text":"SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common stock at a public offering price of $77.00 per share. The offering consists of 8,420,000 shares of Class A common stock to be sold by GitLab Inc. and 1,980,000 shares of Class A common stock to be sold by an existing stockholder affiliated with Sytse “Sid” Sijbrandij, Gitlab Inc.’s Co-founder, Chief Executive Officer, and Board of Directors Chair (the “Selling Stockholder”). Gitlab Inc. will not receive any proceeds from the sale of shares of common stock by the Selling Stockholder.\nThe shares are expected to begin trading on the Nasdaq Global Select Market on October 14, 2021 under the ticker symbol “GTLB.” The offering is expected to close on October 18, 2021, subject to the satisfaction of customary closing conditions.\nIn addition, GitLab Inc. and the Selling Stockholder have granted the underwriters a 30-day option to purchase up to an additional 1,040,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.\nGoldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the offering. UBS Investment Bank, RBC Capital Markets, Truist Securities and Piper Sandler are acting as joint book-running managers for the offering. Cowen, KeyBanc Capital Markets, and William Blair are acting as co-managers for the offering.\nA registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 13, 2021. The offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained, when available, from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (866) 803-9204, or by emailing prospectus-eq_fi@jpmchase.com; or BofA Securities, Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Dg.prospectus_requests@bofa.com.\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nAbout GitLab Inc.\nGitLab Inc. is the provider of The DevOps platform, a single application that brings together development, operations, IT, security, and business teams to deliver desired business outcomes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823464131,"gmtCreate":1633655542232,"gmtModify":1633655542602,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823464131","repostId":"2173594243","repostType":4,"repost":{"id":"2173594243","pubTimestamp":1633651659,"share":"https://www.laohu8.com/m/news/2173594243?lang=&edition=full","pubTime":"2021-10-08 08:07","market":"us","language":"en","title":"Lasertec Gets First Next-Gen Gear Orders From Memory Chipmakers","url":"https://stock-news.laohu8.com/highlight/detail?id=2173594243","media":"Bloomberg","summary":"DRAM makers begin adoption of extreme ultraviolet lithography\nLasertec targets sixth straight year o","content":"<ul>\n <li>DRAM makers begin adoption of extreme ultraviolet lithography</li>\n <li>Lasertec targets sixth straight year of record sales, profit</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdb76043ce0932bdc00a8bf62355d224\" tg-width=\"1400\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>Lasertec ACTIS A150 Source: Lasertec Corp.</span></p>\n<p>Lasertec Corp., the sole supplier of machines required to test designs for the world’s most advanced chips, has expanded its list of customers to computer memory makers, President Osamu Okabayashi said in an interview.</p>\n<p>First orders from DRAM manufacturers for testing gear used in the extreme ultraviolet lithography (EUV) method of chipmaking came in the fiscal year ended June, Okabayashi said, declining to name specific customers or disclose exact numbers. The demand helped push Lasertec’s bookings to a record 112.9 billion yen ($1 billion) in the period, a number the company forecasts will climb another 42% this year.</p>\n<p>The EUV process unlocks today’s smallest-scale designs, enabling more powerful and efficient microprocessors, referred to as logic chips in the industry. Yokohama-based Lasertec spent years developing equipment for it and has seen its share price rocket up more than 1,000% since early 2019 as EUV adoption by manufacturers like Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. took off. It now forecasts a sixth straight year of record revenue and profit thanks to demand for advanced manufacturing from the likes of Apple Inc., whose latest iPhones and iPads are powered by EUV designs.</p>\n<p>DRAM is a type of computer memory used to perform operations that doesn’t hold data after the power is switched off. Until recently, EUV had been used only in the more complex and lucrative logic chips, but now Samsung’s memory-making division along with SK Hynix Inc. and Micron Technology Inc. -- the trio dominating the market -- have all announced and started to adopt EUV for their most advanced products.</p>\n<p>“Logic foundries have led the way on EUV, while DRAM makers are just beginning their mass production using the technology in 2021,” Okabayashi said. “It’s just the start.”</p>\n<p>In 2017, Lasertec solved a key piece of the EUV puzzle when it created a machine that can inspect blank EUV design masks for internal flaws. Though just <a href=\"https://laohu8.com/S/AONE.U\">one</a> step of the manufacturing process, this verification is indispensable and owning the technology has put Lasertec in an enviable position. In September 2019, the company cleared another milestone with equipment that can do the same for stencils with chip designs already printed on them. Chipmakers buy these to minimize mask flaws and thus improve production yields and profitability.</p>\n<p>Logic foundries are likely to remain the company’s biggest customers because of how the chips are made, Okabayashi said. DRAM manufacturing requires just a handful of masks, because the integrated circuit layout is simpler and there are only a few types of the final product, he said. Logic chips are vastly more diverse, with companies like Apple and Alphabet Inc.’s Google increasingly building bespoke chips for their consumer hardware. Production at 5nm uses more than 10 masks and the next-generation 3nm semiconductors require more than 20.</p>\n<p>Lasertec has struggled to keep up with demand. Order backlog ballooned to a record 135.8 billion yen last fiscal year and is expected to grow 57% in the current period. The company has managed to reduce lead times for some machines from one year to as little as 3 months by stocking up on parts ahead of the actual orders. It hired 88 new employees and plans to add 170 this year, more than half of them overseas, to help with development, installation and support. It also boosted its research budget 31% to 7.5 billion yen.</p>\n<p>“With mask-testing equipment, there is always a push to detect ever smaller flaws,” Okabayashi said. “Something that wasn’t a problem at 5-nanometer scale, will cause yields to drop at 3 nanometers and so on.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lasertec Gets First Next-Gen Gear Orders From Memory Chipmakers</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\">\nLasertec Gets First Next-Gen Gear Orders From Memory Chipmakers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 08:07 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-10-07/lasertec-gets-first-next-gen-gear-orders-from-memory-chipmakers?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DRAM makers begin adoption of extreme ultraviolet lithography\nLasertec targets sixth straight year of record sales, profit\n\nLasertec ACTIS A150 Source: Lasertec Corp.\nLasertec Corp., the sole supplier...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-07/lasertec-gets-first-next-gen-gear-orders-from-memory-chipmakers?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LSRCF":"Lasertec Corp.","MU":"美光科技","LSRCY":"Lasertec Corp.","TSM":"台积电","GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A"},"source_url":"https://www.bloomberg.com/news/articles/2021-10-07/lasertec-gets-first-next-gen-gear-orders-from-memory-chipmakers?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173594243","content_text":"DRAM makers begin adoption of extreme ultraviolet lithography\nLasertec targets sixth straight year of record sales, profit\n\nLasertec ACTIS A150 Source: Lasertec Corp.\nLasertec Corp., the sole supplier of machines required to test designs for the world’s most advanced chips, has expanded its list of customers to computer memory makers, President Osamu Okabayashi said in an interview.\nFirst orders from DRAM manufacturers for testing gear used in the extreme ultraviolet lithography (EUV) method of chipmaking came in the fiscal year ended June, Okabayashi said, declining to name specific customers or disclose exact numbers. The demand helped push Lasertec’s bookings to a record 112.9 billion yen ($1 billion) in the period, a number the company forecasts will climb another 42% this year.\nThe EUV process unlocks today’s smallest-scale designs, enabling more powerful and efficient microprocessors, referred to as logic chips in the industry. Yokohama-based Lasertec spent years developing equipment for it and has seen its share price rocket up more than 1,000% since early 2019 as EUV adoption by manufacturers like Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. took off. It now forecasts a sixth straight year of record revenue and profit thanks to demand for advanced manufacturing from the likes of Apple Inc., whose latest iPhones and iPads are powered by EUV designs.\nDRAM is a type of computer memory used to perform operations that doesn’t hold data after the power is switched off. Until recently, EUV had been used only in the more complex and lucrative logic chips, but now Samsung’s memory-making division along with SK Hynix Inc. and Micron Technology Inc. -- the trio dominating the market -- have all announced and started to adopt EUV for their most advanced products.\n“Logic foundries have led the way on EUV, while DRAM makers are just beginning their mass production using the technology in 2021,” Okabayashi said. “It’s just the start.”\nIn 2017, Lasertec solved a key piece of the EUV puzzle when it created a machine that can inspect blank EUV design masks for internal flaws. Though just one step of the manufacturing process, this verification is indispensable and owning the technology has put Lasertec in an enviable position. In September 2019, the company cleared another milestone with equipment that can do the same for stencils with chip designs already printed on them. Chipmakers buy these to minimize mask flaws and thus improve production yields and profitability.\nLogic foundries are likely to remain the company’s biggest customers because of how the chips are made, Okabayashi said. DRAM manufacturing requires just a handful of masks, because the integrated circuit layout is simpler and there are only a few types of the final product, he said. Logic chips are vastly more diverse, with companies like Apple and Alphabet Inc.’s Google increasingly building bespoke chips for their consumer hardware. Production at 5nm uses more than 10 masks and the next-generation 3nm semiconductors require more than 20.\nLasertec has struggled to keep up with demand. Order backlog ballooned to a record 135.8 billion yen last fiscal year and is expected to grow 57% in the current period. The company has managed to reduce lead times for some machines from one year to as little as 3 months by stocking up on parts ahead of the actual orders. It hired 88 new employees and plans to add 170 this year, more than half of them overseas, to help with development, installation and support. It also boosted its research budget 31% to 7.5 billion yen.\n“With mask-testing equipment, there is always a push to detect ever smaller flaws,” Okabayashi said. “Something that wasn’t a problem at 5-nanometer scale, will cause yields to drop at 3 nanometers and so on.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823849937,"gmtCreate":1633614511125,"gmtModify":1633614511522,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823849937","repostId":"1140731116","repostType":4,"repost":{"id":"1140731116","pubTimestamp":1633590877,"share":"https://www.laohu8.com/m/news/1140731116?lang=&edition=full","pubTime":"2021-10-07 15:14","market":"us","language":"en","title":"The 4 catalysts that could drive Amazon 29% higher in the next year, according to JPMorgan","url":"https://stock-news.laohu8.com/highlight/detail?id=1140731116","media":"Business Insider","summary":"Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reve","content":"<ul>\n <li><b>Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reversed, according to JPMorgan.</b></li>\n <li><b>The bank reiterated its Overweight rating and $4,100 price target for Amazon, a potential upside of 29% from Monday's close.</b></li>\n <li><b>These are the 4 catalysts that could send shares of Amazon higher over the next year.</b></li>\n</ul>\n<p>Amazon stock has been a significant underperformer for investors over the past year, but that trend could be set to change on four key catalysts,JPMorgan said in a note on Tuesday.</p>\n<p>The bank reiterated its overweight rating on Amazon and said the stock could surge to $4,100 over the next year, representing potential upside of 29% from Monday's close.</p>\n<p>That would help turn around Amazon's stock price, which returned just 4% over the past year, compared a return of 29% for the S&P 500 over the same time period.</p>\n<p>But the stock faces a few hurdles it needs to overcome with investors before the uptrend can resume, according to the note.</p>\n<p>Those hurdles include a year-end revenue decline due to tough year-over-year comparables and a broader e-commerce slowdown in the US, the impact on inventory from supply-chain disruptions, and an ongoing cycle of higher investments and lower profit margins.</p>\n<p>Despite the near-term concerns and uncertainty surrounding Amazon, JPMorgan believes \"there is still a significant secular shift toward ecommerce ahead and Amazon has a very strong track record around investing into growth opportunities.\"</p>\n<p>These are the four catalysts JPMorgan identified that could help jumpstart share price performance for Amazon:</p>\n<ol>\n <li>\"Current caution working its way through the stock and people wanting to own Amazon into the holidays.\"</li>\n <li>\"Moving closer to the last quarter of difficult COVID comps in the first quarter of 2022.\"</li>\n <li>\"Further downward revisions to 2022 profit estimates that would help lower the bar and potentially create more of a clearing event.\"</li>\n <li>\"A potential Prime price increase in 2022.\"</li>\n</ol>\n<p>The bank highlighted that Amazon now trades at less than 15x its below-consensus 2023 EBITDA estimates, and derived its $4,100 2022 price target from a sum-of-the-parts model that values Amazon Web Services at nearly $800 billion.</p>\n<p>\"We believe the second half of 2021 dislocation [in Amazon shares] creates a compelling opportunity over time,\" JPMorgan concluded.</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>The 4 catalysts that could drive Amazon 29% higher in the next year, according to JPMorgan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nThe 4 catalysts that could drive Amazon 29% higher in the next year, according to JPMorgan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 15:14 GMT+8 <a href=https://markets.businessinsider.com/news/stocks/amazon-stock-price-outlook-4-catalysts-higher-jpmorgan-says-2021-10><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reversed, according to JPMorgan.\nThe bank reiterated its Overweight rating and $4,100 price target for ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/amazon-stock-price-outlook-4-catalysts-higher-jpmorgan-says-2021-10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://markets.businessinsider.com/news/stocks/amazon-stock-price-outlook-4-catalysts-higher-jpmorgan-says-2021-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140731116","content_text":"Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reversed, according to JPMorgan.\nThe bank reiterated its Overweight rating and $4,100 price target for Amazon, a potential upside of 29% from Monday's close.\nThese are the 4 catalysts that could send shares of Amazon higher over the next year.\n\nAmazon stock has been a significant underperformer for investors over the past year, but that trend could be set to change on four key catalysts,JPMorgan said in a note on Tuesday.\nThe bank reiterated its overweight rating on Amazon and said the stock could surge to $4,100 over the next year, representing potential upside of 29% from Monday's close.\nThat would help turn around Amazon's stock price, which returned just 4% over the past year, compared a return of 29% for the S&P 500 over the same time period.\nBut the stock faces a few hurdles it needs to overcome with investors before the uptrend can resume, according to the note.\nThose hurdles include a year-end revenue decline due to tough year-over-year comparables and a broader e-commerce slowdown in the US, the impact on inventory from supply-chain disruptions, and an ongoing cycle of higher investments and lower profit margins.\nDespite the near-term concerns and uncertainty surrounding Amazon, JPMorgan believes \"there is still a significant secular shift toward ecommerce ahead and Amazon has a very strong track record around investing into growth opportunities.\"\nThese are the four catalysts JPMorgan identified that could help jumpstart share price performance for Amazon:\n\n\"Current caution working its way through the stock and people wanting to own Amazon into the holidays.\"\n\"Moving closer to the last quarter of difficult COVID comps in the first quarter of 2022.\"\n\"Further downward revisions to 2022 profit estimates that would help lower the bar and potentially create more of a clearing event.\"\n\"A potential Prime price increase in 2022.\"\n\nThe bank highlighted that Amazon now trades at less than 15x its below-consensus 2023 EBITDA estimates, and derived its $4,100 2022 price target from a sum-of-the-parts model that values Amazon Web Services at nearly $800 billion.\n\"We believe the second half of 2021 dislocation [in Amazon shares] creates a compelling opportunity over time,\" JPMorgan concluded.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":195769086,"gmtCreate":1621316900945,"gmtModify":1634192487539,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"来收割?","listText":"来收割?","text":"来收割?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/195769086","repostId":"1180572322","repostType":4,"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":105162014,"gmtCreate":1620279191838,"gmtModify":1634206407783,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[惊吓] ","listText":"[惊吓] ","text":"[惊吓]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/105162014","repostId":"1124806523","repostType":4,"isVote":1,"tweetType":1,"viewCount":615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":327697316,"gmtCreate":1616078953935,"gmtModify":1634527334953,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[白眼] ","listText":"[白眼] ","text":"[白眼]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/327697316","repostId":"1198107390","repostType":4,"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":321822569,"gmtCreate":1615423414851,"gmtModify":1703488816729,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[捂脸] ","listText":"[捂脸] ","text":"[捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/321822569","repostId":"1158871795","repostType":4,"isVote":1,"tweetType":1,"viewCount":815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":320708492,"gmtCreate":1615173454016,"gmtModify":1703485185625,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"还有利好吗?","listText":"还有利好吗?","text":"还有利好吗?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320708492","repostId":"1136643242","repostType":4,"repost":{"id":"1136643242","pubTimestamp":1615170524,"share":"https://www.laohu8.com/m/news/1136643242?lang=&edition=full","pubTime":"2021-03-08 10:28","market":"us","language":"en","title":"Dow futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill","url":"https://stock-news.laohu8.com/highlight/detail?id=1136643242","media":"cnbc","summary":"Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final pas","content":"<div>\n<p>Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final passage this week.\nFutures contracts tied to the Dow Jones Industrial Average added 155 points, or 0.5%...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill</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 futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 10:28 GMT+8 <a href=https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final passage this week.\nFutures contracts tied to the Dow Jones Industrial Average added 155 points, or 0.5%...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1136643242","content_text":"Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final passage this week.\nFutures contracts tied to the Dow Jones Industrial Average added 155 points, or 0.5%. Those for the S&P 500 were up 0.4%, while those for Nasdaq 100 were flat, signaling that a recent underperformance by tech stocks may continue on Monday.\nThe move in futures came after the Senate passed a$1.9 trillion economic relief and stimulus bill on Saturday, paving the way for extensions to unemployment benefits, another round of stimulus checks and aid to state and local governments. The Democrat-controlled House is expected to pass the bill later this week. President Joe Biden is expected to sign it into law before unemployment aid programs expire on March 14.\nThe fresh round of government spending could cause ripples in the U.S. Treasury market, where the benchmark 10-year yield has risen sharply in recent weeks. Theyield rose as high as 1.62%on Friday after starting the calendar year below the 1% mark. It was trading at roughly 1.59% on Sunday night.\nThe rapid move in the bond marked has unnerved equity investors as well, contributing to weakness in stocks with high valuations.\n“10-year yields finally caught up to other asset markets. This is putting pressure on valuations, especially for the most expensive stocks that had reached nosebleed valuations,” Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said in a note.\nThe stock market is coming off anafternoon rally on Fridaythat took some of the sting out of a rough week for high-flying momentum names. The tech-heavyNasdaqfinished with a week-to-date loss of 2.1%, while theS&P 500gained 0.8%. TheDow, more reliant on cyclical stocks, rose 1.8%.\nThe Friday turnaround doesn’t signal that the recent weakness for the market is over, but the divergence between tech and cyclical plays shows that the bullish story remains intact, Morgan Stanley’s Wilson said.\n“The bull market continues to be under the hood, with value and cyclicals leading the way. Growth stocks can rejoin the party once the valuation correction and repositioning is finished,” Wilson said.\nOn the economic front, investors will get a look at wholesale inventory data from January on Monday. Several economic measures in recent weeks have shown a recovery that is picking up steam, including abetter-than-expected February jobsreport released on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364192297,"gmtCreate":1614821084819,"gmtModify":1703481548034,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[笑哭] ","listText":"[笑哭] ","text":"[笑哭]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/364192297","repostId":"1102082323","repostType":4,"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":369215621,"gmtCreate":1614046946963,"gmtModify":1634551408933,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[喷血] ","listText":"[喷血] ","text":"[喷血]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/369215621","repostId":"1117484017","repostType":4,"repost":{"id":"1117484017","pubTimestamp":1614045625,"share":"https://www.laohu8.com/m/news/1117484017?lang=&edition=full","pubTime":"2021-02-23 10:00","market":"us","language":"en","title":"Yellen sounds warning about ‘extremely inefficient’ bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1117484017","media":"cnbc","summary":"KEY POINTS\n\nTreasury Secretary Janet Yellen on Monday warned that bitcoin is an “extremely inefficie","content":"<div>\n<p>KEY POINTS\n\nTreasury Secretary Janet Yellen on Monday warned that bitcoin is an “extremely inefficient” way to conduct monetary transactions.\nShe spoke as the cryptocurrency’s price tumbled in morning...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Yellen sounds warning about ‘extremely inefficient’ bitcoin</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nYellen sounds warning about ‘extremely inefficient’ bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 10:00 GMT+8 <a href=https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nTreasury Secretary Janet Yellen on Monday warned that bitcoin is an “extremely inefficient” way to conduct monetary transactions.\nShe spoke as the cryptocurrency’s price tumbled in morning...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.cnbc.com/2021/02/22/yellen-sounds-warning-about-extremely-inefficient-bitcoin.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1117484017","content_text":"KEY POINTS\n\nTreasury Secretary Janet Yellen on Monday warned that bitcoin is an “extremely inefficient” way to conduct monetary transactions.\nShe spoke as the cryptocurrency’s price tumbled in morning trading, but remained above $53,000.\n\nTreasury Secretary Janet Yellen issued a warning Monday about the dangers that bitcoin poses both to investors and the public.\nDespite a sharp slide in price to start the week, the cryptocurrency continues to trade above $53,000 as it has received boosts from various sources.Elon Musk’sTesla recently made a substantial purchase and has said it will accept bitcoin for transactions.\nHowever, Yellen said there remain important questions about legitimacy and stability.\n“I don’t think that bitcoin … is widely used as a transaction mechanism,” she told CNBC’s Andrew Ross Sorkin at a New York Times DealBook conference. “To the extent it is used I fear it’s often for illicit finance. It’s an extremely inefficient way of conducting transactions, and the amount of energy that’s consumed in processing those transactions is staggering.”\nMining bitcoin requires users to solve complex mathematical equations using high-powered computer setups. The electric consumption used in the process leaves an annual carbon footprint equal to the nation of New Zealand, according to Digiconomist.\nIn addition to consumption concerns, bitcoin also is considered to be a tool of those involved in a number of illegal activities because its use is difficult to trace.\nThen there’s volatility, as the cryptocurrency’s price has seen rapid peaks and valleys during its existence.\n“It is a highly speculative asset and you know I think people should be aware it can be extremely volatile and I do worry about potential losses that investors can suffer,” Yellen said.\nVarious government agencies have contemplated the idea of making an alternate digital currency with the hopes that it would open up the global payments system to those who don’t have access.\nThe Federal Reserve, where Yellen once served as chair, has studied the issue and discussed the possibility of a new digital currency along with a payments system it expects to roll out over the next several years.\n“I think it could result in faster, safer and cheaper payments, which I think are important goals,” Yellen said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384355379,"gmtCreate":1613618620191,"gmtModify":1634552920854,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] 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[看跌]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/313969480","repostId":"1108685615","repostType":4,"repost":{"id":"1108685615","pubTimestamp":1611641202,"share":"https://www.laohu8.com/m/news/1108685615?lang=&edition=full","pubTime":"2021-01-26 14:06","market":"us","language":"en","title":"Chinese electric carmaker Xpeng rolls out autonomous highway driving features","url":"https://stock-news.laohu8.com/highlight/detail?id=1108685615","media":"CNBC","summary":"GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous h","content":"<div>\n<p>GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous highway driving features to eligible customers as it looks to ramp up its challenge toTeslain the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese electric carmaker Xpeng rolls out autonomous highway driving features</title>\n<style 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}\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\">\nChinese electric carmaker Xpeng rolls out autonomous highway driving features\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-26 14:06 GMT+8 <a href=https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous highway driving features to eligible customers as it looks to ramp up its challenge toTeslain the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1108685615","content_text":"GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous highway driving features to eligible customers as it looks to ramp up its challenge toTeslain the world’s largest auto market.The electric vehicle start-up announced the Navigation Guided Pilot or NGP this month. The feature allows drivers to automatically change lanes, speed up or slow down, overtake cars as well as enter and exit highways.It is part of the next generation of Xpeng’s XPILOT 3.0 “advanced driver-assistancesystem” (ADAS). Customers who have purchased the option on the premium version of Xpeng’s P7 sedan will be able to download NGP over WiFi.The features are part of a broader so-called over-the-air update that allows customers to download new software via WiFi. It is similar to upgrading the operating system on a phone.XPeng’s operating system, Xmart OS 2.5.0, will be available to all P7 customers, the company said. It includes an upgraded voice assistant and certain in-car apps.The company, which is headquartered in Guangzhou, is trying to highlight its software and autonomous driving capabilities as a way to differentiate from domestic rivals likeNioandLi Autoas well as challenge Tesla.The U.S. electric carmaker has its own autonomous ADAS called Autopilot.China’s electric vehicle companies are looking to add more autonomous features to their cars. Nio has its own system called NIO Pilot.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":319930861,"gmtCreate":1611462784053,"gmtModify":1703750526476,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[思考] ","listText":"[思考] ","text":"[思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/319930861","repostId":"1181468667","repostType":4,"repost":{"id":"1181468667","pubTimestamp":1611289287,"share":"https://www.laohu8.com/m/news/1181468667?lang=&edition=full","pubTime":"2021-01-22 12:21","market":"fut","language":"en","title":"Cryptos Won’t Work as Actual Currencies, UBS Economist Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1181468667","media":"Bloomberg","summary":"Supply can’t be reduced when demand falls, Donovan says\nMany digital assets offer uncertain levels o","content":"<ul>\n <li>Supply can’t be reduced when demand falls, Donovan says</li>\n <li>Many digital assets offer uncertain levels of spending power</li>\n</ul>\n<p>Cryptocurrencies may never be able to work as actual currencies, according to UBS Global Wealth Management.</p>\n<p>The “fundamental flaw” inherent in cryptocurrencies is that supply can’t be reduced when demand is slumping in most cases, Paul Donovan, chief economist at UBS GWM, said in avideothis week. That means they can’t be considered currencies, he said.</p>\n<p>A “proper currency,” as Donovan termed it, can be a stable store of value, providing certainty that it will be able to buy the same basket of goods tomorrow as it buys today. That confidence is derived from central banks’ ability to reduce supply when demand is falling. There is no such mechanism for switching off supply on most cryptocurrencies, and therefore their value can slide -- leading to a collapse in spending power.</p>\n<p>“People are unlikely to want to use something as a currency if they’ve got absolutely no certainty about what they can buy with that tomorrow,” Donovan said in the video.</p>\n<p><img src=\"https://static.tigerbbs.com/2737467990b9ed9b32f288e96f407d43\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>Bitcoin futures are listed on the Chicago Mercantile Exchange alongside contracts for most major currencies, but the difference in daily trading volumes suggest that some investors haven’t yet embraced the crypto as a fully fledged currency. Amid the 11% price plunge for Bitcoin on Thursday transactions for the January futures were just above 13,000, while there were around six times as many for Japanese yen futures.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptos Won’t Work as Actual Currencies, UBS Economist Says</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\">\nCryptos Won’t Work as Actual Currencies, UBS Economist Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-22 12:21 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-01-22/cryptos-won-t-work-as-actual-currencies-ubs-economist-says?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Supply can’t be reduced when demand falls, Donovan says\nMany digital assets offer uncertain levels of spending power\n\nCryptocurrencies may never be able to work as actual currencies, according to UBS ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-01-22/cryptos-won-t-work-as-actual-currencies-ubs-economist-says?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-01-22/cryptos-won-t-work-as-actual-currencies-ubs-economist-says?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181468667","content_text":"Supply can’t be reduced when demand falls, Donovan says\nMany digital assets offer uncertain levels of spending power\n\nCryptocurrencies may never be able to work as actual currencies, according to UBS Global Wealth Management.\nThe “fundamental flaw” inherent in cryptocurrencies is that supply can’t be reduced when demand is slumping in most cases, Paul Donovan, chief economist at UBS GWM, said in avideothis week. That means they can’t be considered currencies, he said.\nA “proper currency,” as Donovan termed it, can be a stable store of value, providing certainty that it will be able to buy the same basket of goods tomorrow as it buys today. That confidence is derived from central banks’ ability to reduce supply when demand is falling. There is no such mechanism for switching off supply on most cryptocurrencies, and therefore their value can slide -- leading to a collapse in spending power.\n“People are unlikely to want to use something as a currency if they’ve got absolutely no certainty about what they can buy with that tomorrow,” Donovan said in the video.\n\nBitcoin futures are listed on the Chicago Mercantile Exchange alongside contracts for most major currencies, but the difference in daily trading volumes suggest that some investors haven’t yet embraced the crypto as a fully fledged currency. Amid the 11% price plunge for Bitcoin on Thursday transactions for the January futures were just above 13,000, while there were around six times as many for Japanese yen futures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":321822569,"gmtCreate":1615423414851,"gmtModify":1703488816729,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[捂脸] ","listText":"[捂脸] ","text":"[捂脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/321822569","repostId":"1158871795","repostType":4,"repost":{"id":"1158871795","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据,旨在帮助投资者理解世界,做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615401200,"share":"https://www.laohu8.com/m/news/1158871795?lang=&edition=full","pubTime":"2021-03-11 02:33","market":"us","language":"en","title":"Roblox spikes 44% on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1158871795","media":"老虎资讯综合","summary":"Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.Ro","content":"<p>Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.</p><p><img src=\"https://static.tigerbbs.com/f1ba476c7f20db1e462a62e6f1df9db8\" tg-width=\"1847\" tg-height=\"904\"></p><p>Roblox Corp. joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.</p><p>Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.</p><p>Roblox isn’t a traditional videogame company and is using a nontraditional process to potentially reach investors as the pandemic has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.</p><p>Roblox said in the latest update to its prospectus that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.</p><p>More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.</p><p>Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.</p><p><b>What is Roblox?</b></p><p>Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.</p><p><b>Who plays Roblox and how?</b></p><p>Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.</p><p><b>Roblox’s Covid boom</b></p><p>Roblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.</p><p>Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.</p><p>That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers and scammers who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.</p><p>In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.</p><p>“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.</p><p>Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.</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>Roblox spikes 44% on its first day of 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\">\nRoblox spikes 44% on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\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\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-11 02:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.</p><p><img src=\"https://static.tigerbbs.com/f1ba476c7f20db1e462a62e6f1df9db8\" tg-width=\"1847\" tg-height=\"904\"></p><p>Roblox Corp. joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.</p><p>Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.</p><p>Roblox isn’t a traditional videogame company and is using a nontraditional process to potentially reach investors as the pandemic has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.</p><p>Roblox said in the latest update to its prospectus that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.</p><p>More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.</p><p>Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.</p><p><b>What is Roblox?</b></p><p>Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.</p><p><b>Who plays Roblox and how?</b></p><p>Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.</p><p><b>Roblox’s Covid boom</b></p><p>Roblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.</p><p>Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.</p><p>That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers and scammers who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.</p><p>In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.</p><p>“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.</p><p>Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158871795","content_text":"Roblox shares opened at $65 each on Wednesday, about 44% higher than the company’sreference price.Roblox Corp. joins the ranks of closely held companies turning to public markets to support growth. The San Mateo, Calif.-based videogame provider’s stock will begin trading March 10 on the New York Stock Exchange under the symbol RBLX. The shares are trading through a direct listing, bypassing the traditional route of an initial public offering.Roblox’s reference price was set at $45, in lieu of a formal IPO price, and is based on recent private-market transactions.Roblox isn’t a traditional videogame company and is using a nontraditional process to potentially reach investors as the pandemic has driven people to spend more time and money on gameplay. Here’s what you need to know about the company and its plans for a direct listing.Roblox said in the latest update to its prospectus that it paid developers $328.7 million last year, up almost 200% from 2019. That far outpaced the company’s sales growth of 82% last year, when it booked $923.9 million in total revenue.More than 1,250 developers earned at least $10,000 in the digital currency Robux, which can be converted to cash. Over 300 earned $100,000 or more.Roblox is telling prospective shareholders to get comfortable with its hefty payouts. In its investor presentationlast week, the company said it plans to shell out even more to creators to incentive higher-quality content and fund bigger teams of engineers, designers, artists and producers.What is Roblox?Roblox is a free online platform that features tens of millions of multiplayer games made by its own players with tools the company provides. The games range from obstacle-course challenges and iterations of capture the flag to contests based on popular characters such as Peppa Pig and Sonic the Hedgehog. Company officials have said they are interested in increasing the use of Roblox for things such as virtual concerts and meetings.Who plays Roblox and how?Roblox is accessible on computers, consoles and mobile devices. The company said it had roughly 33 million daily users last year, of whom more than half are under the age of 13. Players in Roblox appear in the form of customizable avatars.Roblox’s Covid boomRoblox has been a huge beneficiary of the Covid-19 shutdowns, which forced kids out of the classroom and away from their friends. With no school to attend and birthday parties canceled,kids turned to Roblox, where they can socialize virtually, navigating theme parks, attending concerts and playing action games while also staying in touch using its popular text chat feature.Daily active users jumped 85% in 2020 to 32.6 million. The number of hours that players spent on the app more than doubled to 30.6 billion.That unexpected and unprecedented growth has created some challenges around its developer community. The company has had to contend with an influx ofspammers and scammers who are out to take advantage of some of the millions of kids who are ready and willing to spend their parents money on Robux.In-game pop-ups lure users with the promise of free Robux if they fill out a survey, only to reroute them to other sites where there’s no Robux and even more spam. In some cases, Roblox developers unknowingly install a malicious plug-in from the game development studio, infecting their own game.“Because of the popularity of our platform, we believe that we are an attractive target for these sorts of attacks,” Roblox said in its prospectus. The company said it’s investing to make sure outside parties can’t access user data and to prevent phishing, spamming and malware as much as possible.Roblox’s second-biggest expense, behind developer fees, is infrastructure, privacy and safety. Those costs jumped 69% last year to $264.2 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":815,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":314356738,"gmtCreate":1612313393624,"gmtModify":1703760211894,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"树倒猢狲散","listText":"树倒猢狲散","text":"树倒猢狲散","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/314356738","repostId":"1113195747","repostType":4,"repost":{"id":"1113195747","pubTimestamp":1612259771,"share":"https://www.laohu8.com/m/news/1113195747?lang=&edition=full","pubTime":"2021-02-02 17:56","market":"us","language":"en","title":"Gamestop, silver spot down, \"farce\" is slowly ending?","url":"https://stock-news.laohu8.com/highlight/detail?id=1113195747","media":"reuters","summary":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a s","content":"<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.</p>\n<p>GameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.</p>\n<p>Spot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.</p>\n<p>Analysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.</p>\n<p>The social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”</p>\n<p>Retail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.</p>\n<p>Other shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.</p>\n<p>Online broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.</p>\n<p>“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.</p>\n<p>“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”</p>\n<p>Small traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.</p>\n<p>Day-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.</p>\n<p>The showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.</p>\n<p>Robinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.</p>\n<p>Weak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]</p>\n<p>The number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.</p>\n<p>“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.</p>\n<p>QUICKSILVER</p>\n<p>Silver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.</p>\n<p>A lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.</p>\n<p>An additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.</p>\n<p>“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.</p>\n<p>“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”</p>\n<p>The unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.</p>\n<p>“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.</p>\n<p>Reddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.</p>\n<p>“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.</p>\n<p>($1 = 0.8280 euros)</p>\n<p>($1 = 1.3108 Australian dollars)</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Gamestop, silver spot down, \"farce\" is slowly ending?</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\">\nGamestop, silver spot down, \"farce\" is slowly ending?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-02 17:56 GMT+8 <a href=https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0><strong>reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started...</p>\n\n<a href=\"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/3780c78c8bb55dbf0b4bcd80ffe89707","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.reuters.com/article/us-retail-trading/gamestop-slides-silver-spree-stalls-as-retail-traders-run-out-of-road-idUSKBN2A20ZS?il=0","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113195747","content_text":"SINGAPORE (Reuters) - GameStop shares slid in Frankfurt and U.S. pre-market trade on Tuesday and a silver buying spree led by small investors subsided as retail-driven mania for shorted assets started to show signs of fizzling out.\nGameStop’s Frankfurt-listed shares were down 30% from Monday’s close at 143 euros ($172.72) in early trade on Tuesday, after the firm’s stock closed at $225 in U.S. markets. It fell 23% to $173 in pre-market U.S. trade.\nSpot silver prices fell more than 4% to $27.66 an ounce to sit some 8% beneath the eight-year high made on Monday, when retail traders bought coins and piled into silver funds to set prices spiking.\nAnalysts said the silver pullback may show the limits of small investors’ impact in a large market, while posts on the popular Reddit forum WallStreetBets expressed concern that silver buying could cost traders their grip on some stocks.\nThe social media-driven trading frenzy “could be slowly ending”, said OANDA market analyst Edward Moya. “Like all good rollercoaster rides, they all come to an end.”\nRetail buyers’ darling GameStop Corp dropped 30.8% on Monday, though it remains about 1,000% higher than a couple of weeks ago, before an organised band of small buyers piled in and forced a “squeeze” which required big funds to close short positions by buying shares at very high prices.\nOther shares caught up in a frenzy that has battered short-sellers extended their advance, including BlackBerry Ltd.\nOnline broker Robinhood, on whose platform much of the buying and selling has taken place, also raised another $2.4 billion from shareholders just days after investors pumped in $1 billion.\n“It certainly feels like there’s some evidence of peak retail stall, but hard to gauge since they’re still sitting on decent profits,” said Mirabaud’s London-based equity sales trader Mark Taylor.\n“With volumes in all the hot stocks collapsing, silver attack met by margin, Robinhood having to seek fresh collateral at a rampant speed, the signals that the retail mania could unravel rapidly are aligning.”\nSmall traders’ involvement in financial markets has grown sharply over the past year as lockdowns, volatility and stimulus cheques have combined to drive an investment surge that has turbocharged a huge rally in global equities since last March.\nDay-trading mania has boosted the price of assets ranging from cryptocurrencies to new stock market listings. In London a sign of still-strong demand came from online greeting-card retailer Moonpig, which leapt 25% on debut on Tuesday.\nThe showdown between short-selling hedge funds and the small-time day traders also has also drawn scrutiny from financial regulators, lawmakers and the White House, concerned about possible market manipulation.\nRobinhood continued to roll back trading curbs on Monday, raising trading limits on GameStop to 20 shares from four.\nWeak prices in pre-market trade may serve as a guide to where the phenomenon is headed next, although broader markets appeared to be moving on from jitters the frenzied buying had triggered and equities in Asia rose broadly on stimulus hopes. [MKTS/GLOB]\nThe number of shorted GameStop shares has fallen by more than half in a week, analytics firm S3 Partners said on Monday, although the videogame retailer remained the sixth-biggest short by value.\n“Short-squeeze mania has calmed a bit for this week,” said Chris Brankin, chief executive of broker TD Ameritrade in Singapore.\nQUICKSILVER\nSilver’s slumping spot price on Tuesday came even as dealers reported brisk trade in Asia, albeit below Monday’s massive volumes, suggesting a further squeeze higher might be unlikely.\nA lot of people who were anticipating a GameStop-like rally in silver “now realize there is not as much buying pressure pushing it up” as some had thought, said Michael Matousek, head trader at U.S. Global Investors.\nAn additional drag on prices was an overnight margin hike by the Chicago Mercantile Exchange, which makes speculative trade using derivatives products more expensive.\n“Silver is much more liquid compared to stocks, and there are costs to holding the metal,” said Benjamin Yeo, head of dealing at Phillip Futures in Singapore, where on Monday silver futures volumes had been surging.\n“In the short term, we can expect more volatility from the retail buying interest, but do not think it is sustainable.”\nThe unit price of Australia’s ETF Securities’ Physical Silver fund fell 1% in Sydney after drawing a record A$76 million ($58 million) in inflows on Monday. Small silver miners, which had leapt, also retraced some of their gains.\n“It is slowing down a bit,” said Gregor Gregersen, founder of Silver Bullion, a dealer in Singapore, after a wild 24 hours where he said sales exceeded average monthly levels from 2018 and orders above S$35,000 ($26,300) arrived every three minutes.\nReddit moderators had on Tuesday removed one of the most popular posts suggesting buying silver and many WallStreetBets posts focused on riding out the volatility.\n“WHO IS HOLDING GME WITH ME?” read one top post. “I’M HOLDING EVEN IF MY PORTFOLIO GOES DOWN TO ZERO,” read another.\n($1 = 0.8280 euros)\n($1 = 1.3108 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":312305175,"gmtCreate":1612010414897,"gmtModify":1703757425880,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[摊手] ","listText":"[摊手] ","text":"[摊手]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/312305175","repostId":"2107290824","repostType":4,"repost":{"id":"2107290824","pubTimestamp":1611906472,"share":"https://www.laohu8.com/m/news/2107290824?lang=&edition=full","pubTime":"2021-01-29 15:47","market":"us","language":"en","title":"Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day","url":"https://stock-news.laohu8.com/highlight/detail?id=2107290824","media":"Benzinga","summary":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent ","content":"<p><img src=\"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626\" tg-width=\"600\" tg-height=\"400\" referrerpolicy=\"no-referrer\"></p><p><b>Tesla Inc </b>(NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.</p><p><b>What Happened:</b> Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of <a href=\"https://laohu8.com/S/AONE\">one</a> day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at $0.03831 at the time of publishing.<img src=\"https://static.tigerbbs.com/46bbb028feddda5c41119b1815263941\" tg-width=\"548\" tg-height=\"677\">Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing overwhelming support in the Dogecoin future.</p><p><b>Why It Matters:</b> This is not the first time Elon Musk has expressed his interest in the digital currency.</p><p>In December, Tesla CEO tweeted “One word: Doge” sending the cryptocurrency to a 20% surge.</p><p>Before that, his July tweet caused a 14% spike in Dogecoin price.</p><p>CoinMarketCap Head of Listings, however, in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.</p><p>\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, <a href=\"https://laohu8.com/S/AONE.U\">one</a> where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.</p><p>With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A 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; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk Tweets In Support Of Dogecoin After Price Grows 420% In A Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-29 15:47 GMT+8 <a href=https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7833d27f98c3899654cca428a2991626","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/elon-musk-tweets-support-dogecoin-015609684.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2107290824","content_text":"Tesla Inc (NASDAQ: TSLA) Elon Musk has tweeted a digital magazine cover featuring a dog in apparent support of a digital currency Dogecoin.What Happened: Dogecoin, a digital currency that was launched as a joke, has surpassed all-time high today, growing by 420.29% in a matter of one day, according to a data analytics platform CoinMarketCap. The cryptocurrency is currently traded at $0.03831 at the time of publishing.Musk’s followers recognized the tweet as an endorsement to the current Dogecoin rally, expressing overwhelming support in the Dogecoin future.Why It Matters: This is not the first time Elon Musk has expressed his interest in the digital currency.In December, Tesla CEO tweeted “One word: Doge” sending the cryptocurrency to a 20% surge.Before that, his July tweet caused a 14% spike in Dogecoin price.CoinMarketCap Head of Listings, however, in a conversation with Benzinga has warned traders about possible ramifications following a call to buy Dogecoin in a Reddit group that caused the recent price spike.\"It bears mentioning that all of this [the spike and the Reddit thread]takes place against a discernible shift in the cultural milieu, one where WSB has become emblematic of a grassroots Reddit movement that seeks to repudiate the entrenched interests and ossified power structures of WallStreet.With his 'Gamestonk' tweet, Elon Musk -- himself the subject of legal entanglements with the establishment (SEC) and erstwhile self-proclaimed Dogecoin CEO -- has not only added rocket fuel to ignite Doge's price action on a SpaceX mission to the moon, but also a offered a familiar face for 'Robinhood traders' to coalesce around.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":222,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853891602,"gmtCreate":1634785614466,"gmtModify":1634785717724,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/853891602","repostId":"1197031747","repostType":4,"repost":{"id":"1197031747","pubTimestamp":1634785094,"share":"https://www.laohu8.com/m/news/1197031747?lang=&edition=full","pubTime":"2021-10-21 10:58","market":"us","language":"en","title":"Grab Financial Group expands merchant services, offerings","url":"https://stock-news.laohu8.com/highlight/detail?id=1197031747","media":"businesstimes","summary":"GRAB Financial Group (GFG), the financial services arm of Grab, is expanding its merchant services, ","content":"<div>\n<p>GRAB Financial Group (GFG), the financial services arm of Grab, is expanding its merchant services, including offering more \"buy now pay later\" (BNPL) options.\nIt has inked new partnerships with ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/garage/grab-financial-group-expands-merchant-services-offerings\">Web Link</a>\n\n</div>\n","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>Grab Financial Group expands merchant services, offerings</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\">\nGrab Financial Group expands merchant services, offerings\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 10:58 GMT+8 <a href=https://www.businesstimes.com.sg/garage/grab-financial-group-expands-merchant-services-offerings><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GRAB Financial Group (GFG), the financial services arm of Grab, is expanding its merchant services, including offering more \"buy now pay later\" (BNPL) options.\nIt has inked new partnerships with ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/garage/grab-financial-group-expands-merchant-services-offerings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesstimes.com.sg/garage/grab-financial-group-expands-merchant-services-offerings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197031747","content_text":"GRAB Financial Group (GFG), the financial services arm of Grab, is expanding its merchant services, including offering more \"buy now pay later\" (BNPL) options.\nIt has inked new partnerships with payment gateways, 2C2P, Razer Merchant Services and iPay88 among others to increase merchant adoption of its BNPL service, PayLater.\n\"In the five months after enabling PayLater, we have had a 3X increase in our monthly average TPV and monthly transactions on GrabPay,\" said Toh Teck Oon, director, Megafurniture.\nBNPL has been under scrutiny by the Monetary Authority of Singapore since Feb this year, as worries mount over increasing consumer debt risk. Consumers globally, though, appear to still be keen on BNPL, according to a Capgemini report.\n\"Merchants find PayLater compelling given the scale of Grab's ecosystem with over 25 million monthly transacting users, and many of our PayLater merchants have reported increased basket sizes and check-out rates,\" said Chris Yeo, managing director and head of GrabPay, GFG.\nGFG has also signed up more payment gateways to boost acceptance and adoption of its GrabPay wallet among merchants regionally. AsiaPay, Fomopay and Revenue Group are among the new payment gateways providing GrabPay to merchants.\nGFG launched GrabMerchant Commerce on Thursday (Oct 21), a platform that aids businesses in building websites for e-commerce. A pilot programme in May saw over 500 merchants across industries sign up.\nThe platform will offer support in areas such as marketing and branding, automation, customer relationship management among others. Selected merchants on the platform will soon be accessible on the Grab app across South-east Asia by Oct 2021.\n\"We are enabling more of our customers who love using GrabPay and PayLater to use both within and outside of the Grab app,\" said Reuben Lai, senior managing director, GFG.","news_type":1},"isVote":1,"tweetType":1,"viewCount":791,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":386240762,"gmtCreate":1613189692256,"gmtModify":1634554195688,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[保佑] ","listText":"[保佑] ","text":"[保佑]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/386240762","repostId":"2110904027","repostType":4,"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":317787481,"gmtCreate":1612486580243,"gmtModify":1703762523322,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[叹气] ","listText":"[叹气] ","text":"[叹气]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/317787481","repostId":"1162866028","repostType":4,"repost":{"id":"1162866028","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1612435357,"share":"https://www.laohu8.com/m/news/1162866028?lang=&edition=full","pubTime":"2021-02-04 18:42","market":"us","language":"en","title":"Nokia warns of \"challenging\" year as it plays catch-up","url":"https://stock-news.laohu8.com/highlight/detail?id=1162866028","media":"Reuters","summary":"HELSINKI (Reuters) - Finnish telecom network equipment maker Nokia warned of challenges to come this","content":"<p>HELSINKI (Reuters) - Finnish telecom network equipment maker Nokia warned of challenges to come this year as it tries to catch up with rivals after a strong finish to 2020.</p>\n<p>While both Nokia and rival Ericsson have been gaining 5G customers that might otherwise have gone to China’s Huawei, Ericsson has fared better, winning also big 5G contracts in China, where the deployment of the next-generation network is in full swing.</p>\n<p>“We have not yet made a breakthrough in 5G (in China) but of course we are not excluding that possibility going forward,” new Chief Executive Pekka Lundmark told Reuters. “But we want to be prudent so that we do not want to be there at any cost.”</p>\n<p>Lundmark reported better than expected fourth-quarter revenue and underlying profit on Thursday but Nokia forecast 2021 revenue to fall to between 20.6-21.8 billion euros ($25-26 billion) from 21.9 billion euros in 2020.</p>\n<p>“We expect 2021 to be challenging, a year of transition, with meaningful headwinds due to market share loss and price erosion in North America,” Lundmark said.</p>\n<p>Nokia said it had lost a part of the Verizon 5G contract in the United States to Samsung Electronics.</p>\n<p>Lundmark announced a new strategyherein October, under which the company will have four business groups and said Nokia would \"do whatever it takes\" to take the lead in 5G, as it banks on also capturing share from Huawei.</p>\n<p>“We believe that we have year-to-date captured about half of the geopolitically influenced opportunities that are there,” Lundmark said. “Most of these cases have been in Europe.”</p>\n<p>Nokia said a growth in its 5G equipment sales in the quarter was partially offset by decreases in its legacy radio access products. Revenue at its mainstay networks business fell 7% to 5.04 billion euros ($6.05 billion).</p>\n<p>Revenue overall fell 5% to 6.57 billion euros during the quarter, but beat a consensus figure of 6.42 billion euros, Refinitiv Eikon data showed.</p>\n<p>Quarterly underlying earnings fell to 0.14 euros per share from 0.15 euros a year ago, beating the 0.11 euros consensus.</p>\n<p>There was also a boost of about 250 million euros one-time items and net sales of 150 million in the quarter that it had expected in 2021.</p>\n<p>Nokia shares, which were down 1.9% in morning trade, have seen wild swings over the last two weeks as the stock has been targeted by the retail trading frenzy, alongside GameStop Corp and other tech companies.</p>\n<p>“We maintain our view that Nokia continues to lag Ericsson in technology and is unlikely to catch up before 2022,” Liberum analyst Janardan Menon said.</p>\n<p>($1 = 0.8345 euros)</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>Nokia warns of \"challenging\" year as it plays catch-up</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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\">\nNokia warns of \"challenging\" year as it plays catch-up\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-04 18:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HELSINKI (Reuters) - Finnish telecom network equipment maker Nokia warned of challenges to come this year as it tries to catch up with rivals after a strong finish to 2020.</p>\n<p>While both Nokia and rival Ericsson have been gaining 5G customers that might otherwise have gone to China’s Huawei, Ericsson has fared better, winning also big 5G contracts in China, where the deployment of the next-generation network is in full swing.</p>\n<p>“We have not yet made a breakthrough in 5G (in China) but of course we are not excluding that possibility going forward,” new Chief Executive Pekka Lundmark told Reuters. “But we want to be prudent so that we do not want to be there at any cost.”</p>\n<p>Lundmark reported better than expected fourth-quarter revenue and underlying profit on Thursday but Nokia forecast 2021 revenue to fall to between 20.6-21.8 billion euros ($25-26 billion) from 21.9 billion euros in 2020.</p>\n<p>“We expect 2021 to be challenging, a year of transition, with meaningful headwinds due to market share loss and price erosion in North America,” Lundmark said.</p>\n<p>Nokia said it had lost a part of the Verizon 5G contract in the United States to Samsung Electronics.</p>\n<p>Lundmark announced a new strategyherein October, under which the company will have four business groups and said Nokia would \"do whatever it takes\" to take the lead in 5G, as it banks on also capturing share from Huawei.</p>\n<p>“We believe that we have year-to-date captured about half of the geopolitically influenced opportunities that are there,” Lundmark said. “Most of these cases have been in Europe.”</p>\n<p>Nokia said a growth in its 5G equipment sales in the quarter was partially offset by decreases in its legacy radio access products. Revenue at its mainstay networks business fell 7% to 5.04 billion euros ($6.05 billion).</p>\n<p>Revenue overall fell 5% to 6.57 billion euros during the quarter, but beat a consensus figure of 6.42 billion euros, Refinitiv Eikon data showed.</p>\n<p>Quarterly underlying earnings fell to 0.14 euros per share from 0.15 euros a year ago, beating the 0.11 euros consensus.</p>\n<p>There was also a boost of about 250 million euros one-time items and net sales of 150 million in the quarter that it had expected in 2021.</p>\n<p>Nokia shares, which were down 1.9% in morning trade, have seen wild swings over the last two weeks as the stock has been targeted by the retail trading frenzy, alongside GameStop Corp and other tech companies.</p>\n<p>“We maintain our view that Nokia continues to lag Ericsson in technology and is unlikely to catch up before 2022,” Liberum analyst Janardan Menon said.</p>\n<p>($1 = 0.8345 euros)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/9bc0118e35c2c3a2c9e015f33f2d4de8","relate_stocks":{"NOK":"诺基亚"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162866028","content_text":"HELSINKI (Reuters) - Finnish telecom network equipment maker Nokia warned of challenges to come this year as it tries to catch up with rivals after a strong finish to 2020.\nWhile both Nokia and rival Ericsson have been gaining 5G customers that might otherwise have gone to China’s Huawei, Ericsson has fared better, winning also big 5G contracts in China, where the deployment of the next-generation network is in full swing.\n“We have not yet made a breakthrough in 5G (in China) but of course we are not excluding that possibility going forward,” new Chief Executive Pekka Lundmark told Reuters. “But we want to be prudent so that we do not want to be there at any cost.”\nLundmark reported better than expected fourth-quarter revenue and underlying profit on Thursday but Nokia forecast 2021 revenue to fall to between 20.6-21.8 billion euros ($25-26 billion) from 21.9 billion euros in 2020.\n“We expect 2021 to be challenging, a year of transition, with meaningful headwinds due to market share loss and price erosion in North America,” Lundmark said.\nNokia said it had lost a part of the Verizon 5G contract in the United States to Samsung Electronics.\nLundmark announced a new strategyherein October, under which the company will have four business groups and said Nokia would \"do whatever it takes\" to take the lead in 5G, as it banks on also capturing share from Huawei.\n“We believe that we have year-to-date captured about half of the geopolitically influenced opportunities that are there,” Lundmark said. “Most of these cases have been in Europe.”\nNokia said a growth in its 5G equipment sales in the quarter was partially offset by decreases in its legacy radio access products. Revenue at its mainstay networks business fell 7% to 5.04 billion euros ($6.05 billion).\nRevenue overall fell 5% to 6.57 billion euros during the quarter, but beat a consensus figure of 6.42 billion euros, Refinitiv Eikon data showed.\nQuarterly underlying earnings fell to 0.14 euros per share from 0.15 euros a year ago, beating the 0.11 euros consensus.\nThere was also a boost of about 250 million euros one-time items and net sales of 150 million in the quarter that it had expected in 2021.\nNokia shares, which were down 1.9% in morning trade, have seen wild swings over the last two weeks as the stock has been targeted by the retail trading frenzy, alongside GameStop Corp and other tech companies.\n“We maintain our view that Nokia continues to lag Ericsson in technology and is unlikely to catch up before 2022,” Liberum analyst Janardan Menon said.\n($1 = 0.8345 euros)","news_type":1},"isVote":1,"tweetType":1,"viewCount":223,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":195769086,"gmtCreate":1621316900945,"gmtModify":1634192487539,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"来收割?","listText":"来收割?","text":"来收割?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/195769086","repostId":"1180572322","repostType":4,"repost":{"id":"1180572322","pubTimestamp":1621308066,"share":"https://www.laohu8.com/m/news/1180572322?lang=&edition=full","pubTime":"2021-05-18 11:21","market":"us","language":"en","title":"Amazon shares could double to $6,000 in next year, says Morgan Stanley bull","url":"https://stock-news.laohu8.com/highlight/detail?id=1180572322","media":"seekingalpha","summary":"Morgan Stanley analyst Brian Nowak sees a case where Amazon(NASDAQ:AMZN)shares could be worth $6,000","content":"<ul>\n <li>Morgan Stanley analyst Brian Nowak sees a case where Amazon(NASDAQ:AMZN)shares could be worth $6,000 in 2023.</li>\n <li>The analyst notes that Amazon currently trades at 1.2x 2022 on a PEG basis, which is a 30% discount to its median tech peer group.</li>\n <li>Valuing Amazon inline with other mega cap tech stocks at a 1.7x PEG would put the company at a 45% discount to Walmart, and Nowak says Amazon \"could warrant a higher PEG.\"</li>\n <li>Moving Amazon up to a 2x to 2.5x PEG would imply a valuation of $5,000 to $6,000 in the next 12 months, \"potentially a double from here.\"</li>\n <li>Morgan Stanley maintains an Overweight rating and $4,500 price target on Amazon.</li>\n <li>Amazon shares are currentlyup 1.3%to $3,264.01.</li>\n <li>Recent news: Earlier today, Amazon lowered the price of its hi-fi music streaming service as Apple launched arival product.</li>\n</ul>","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>Amazon shares could double to $6,000 in next year, says Morgan Stanley bull</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\">\nAmazon shares could double to $6,000 in next year, says Morgan Stanley bull\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 11:21 GMT+8 <a href=https://seekingalpha.com/news/3697324-amazon-shares-could-double-to-6000-in-next-year-says-morgan-stanley-bull><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Morgan Stanley analyst Brian Nowak sees a case where Amazon(NASDAQ:AMZN)shares could be worth $6,000 in 2023.\nThe analyst notes that Amazon currently trades at 1.2x 2022 on a PEG basis, which is a 30%...</p>\n\n<a href=\"https://seekingalpha.com/news/3697324-amazon-shares-could-double-to-6000-in-next-year-says-morgan-stanley-bull\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/news/3697324-amazon-shares-could-double-to-6000-in-next-year-says-morgan-stanley-bull","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1180572322","content_text":"Morgan Stanley analyst Brian Nowak sees a case where Amazon(NASDAQ:AMZN)shares could be worth $6,000 in 2023.\nThe analyst notes that Amazon currently trades at 1.2x 2022 on a PEG basis, which is a 30% discount to its median tech peer group.\nValuing Amazon inline with other mega cap tech stocks at a 1.7x PEG would put the company at a 45% discount to Walmart, and Nowak says Amazon \"could warrant a higher PEG.\"\nMoving Amazon up to a 2x to 2.5x PEG would imply a valuation of $5,000 to $6,000 in the next 12 months, \"potentially a double from here.\"\nMorgan Stanley maintains an Overweight rating and $4,500 price target on Amazon.\nAmazon shares are currentlyup 1.3%to $3,264.01.\nRecent news: Earlier today, Amazon lowered the price of its hi-fi music streaming service as Apple launched arival product.","news_type":1},"isVote":1,"tweetType":1,"viewCount":793,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":327697316,"gmtCreate":1616078953935,"gmtModify":1634527334953,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[白眼] ","listText":"[白眼] ","text":"[白眼]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/327697316","repostId":"1198107390","repostType":4,"repost":{"id":"1198107390","pubTimestamp":1616075055,"share":"https://www.laohu8.com/m/news/1198107390?lang=&edition=full","pubTime":"2021-03-18 21:44","market":"us","language":"en","title":"Lordstown Motors drops further after CEO appears in CNBC interview","url":"https://stock-news.laohu8.com/highlight/detail?id=1198107390","media":"seekingalpha","summary":"seekingalpha","content":"<p>(March 18) Lordstown Motors fell further in market trading, down about 10%, after CEO Steve Burns was interviewed on CNBC and after admitting lastnight that the company has received a request forinformation from the SEC.</p>\n<p><img src=\"https://static.tigerbbs.com/bb3000e5d124375c34f7efe75931f342\" tg-width=\"678\" tg-height=\"498\"></p>\n<p>Burns, responding to a recentHindenburg short report, said the company has received non-binding preorders for its electric trucks.</p>\n<p>\"We've never said we had orders.\" Burns said on CNBC. \"We don't have a product yet. By definition we can't have orders.\"</p>\n<p>Burns further added:</p>\n<p>\"The preorders did exactly what they were supposed to do. Gauge interest. Nobody knew if fleets would buy an electric pickup truck. It was completely unknown science, no data around it.\"</p>\n<p>\"I don't think anybody thought we had actual orders. That's just not the nature of this business.\"</p>\n<p>Recall March 15, Lordstown Motors on track with production of Endurance all electric pickup truck in September 2021.</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>Lordstown Motors drops further after CEO appears in CNBC interview</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLordstown Motors drops further after CEO appears in CNBC interview\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-18 21:44 GMT+8 <a href=https://seekingalpha.com/news/3674026-lordstown-motor-drops-further-after-ceo-appears-in-cnbc-interview><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(March 18) Lordstown Motors fell further in market trading, down about 10%, after CEO Steve Burns was interviewed on CNBC and after admitting lastnight that the company has received a request ...</p>\n\n<a href=\"https://seekingalpha.com/news/3674026-lordstown-motor-drops-further-after-ceo-appears-in-cnbc-interview\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/news/3674026-lordstown-motor-drops-further-after-ceo-appears-in-cnbc-interview","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1198107390","content_text":"(March 18) Lordstown Motors fell further in market trading, down about 10%, after CEO Steve Burns was interviewed on CNBC and after admitting lastnight that the company has received a request forinformation from the SEC.\n\nBurns, responding to a recentHindenburg short report, said the company has received non-binding preorders for its electric trucks.\n\"We've never said we had orders.\" Burns said on CNBC. \"We don't have a product yet. By definition we can't have orders.\"\nBurns further added:\n\"The preorders did exactly what they were supposed to do. Gauge interest. Nobody knew if fleets would buy an electric pickup truck. It was completely unknown science, no data around it.\"\n\"I don't think anybody thought we had actual orders. That's just not the nature of this business.\"\nRecall March 15, Lordstown Motors on track with production of Endurance all electric pickup truck in September 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":575,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":364192297,"gmtCreate":1614821084819,"gmtModify":1703481548034,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[笑哭] ","listText":"[笑哭] ","text":"[笑哭]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/364192297","repostId":"1102082323","repostType":4,"repost":{"id":"1102082323","pubTimestamp":1614786370,"share":"https://www.laohu8.com/m/news/1102082323?lang=&edition=full","pubTime":"2021-03-03 23:46","market":"us","language":"en","title":"J.P. Morgan: Don’t Say Bye Bye to NIO Stock, Say Buy Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1102082323","media":"TipRanks","summary":"NIO's (NIO) Q4 earnings were disappointing -- and (most) investors were disappointed.\nThe Chinese el","content":"<div>\n<p>NIO's (NIO) Q4 earnings were disappointing -- and (most) investors were disappointed.\nThe Chinese electric-vehicle maker's stock sold off by 13% Tuesday, one day after NIO delivered a tiny sales \"beat...</p>\n\n<a href=\"https://finance.yahoo.com/news/j-p-morgan-don-t-151001539.html\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>J.P. Morgan: Don’t Say Bye Bye to NIO Stock, Say Buy Buy</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJ.P. Morgan: Don’t Say Bye Bye to NIO Stock, Say Buy Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-03 23:46 GMT+8 <a href=https://finance.yahoo.com/news/j-p-morgan-don-t-151001539.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NIO's (NIO) Q4 earnings were disappointing -- and (most) investors were disappointed.\nThe Chinese electric-vehicle maker's stock sold off by 13% Tuesday, one day after NIO delivered a tiny sales \"beat...</p>\n\n<a href=\"https://finance.yahoo.com/news/j-p-morgan-don-t-151001539.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://finance.yahoo.com/news/j-p-morgan-don-t-151001539.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102082323","content_text":"NIO's (NIO) Q4 earnings were disappointing -- and (most) investors were disappointed.\nThe Chinese electric-vehicle maker's stock sold off by 13% Tuesday, one day after NIO delivered a tiny sales \"beat\" -- but lost twice as much money as analysts had bargained for.\nHow bad was the news, exactly? In Q4, NIO reported $1.02 billion in quarterly sales, inching past analysts' predicted $1.01 billion. On the bottom line, however, the 17,353 EVs NIO delivered in the fourth quarter of 2020 cost the company a GAAP net loss of $0.16 per share, and an \"adjusted\" loss of $0.14 per share -- twice the $0.07 pro forma loss Wall Street had predicted.\nNot all of NIO's news was bad. NIO grew its sales 133% year over year in Q4, and turned last year's Q4 gross profit loss into a positive gross margin in Q4 2020 -- 17.2% for the quarter. Operating losses declined by 67%, net losses by 52%, and \"adjusted\" net losses by 53%. And viewed in that context, the quarter was good enough to get a pass from investment bank JPMorgan despite the big net loss.\nMore than just a pass, actually. According to JPMorgan analystNick Lai, NIO's Q4 was \"solid,\" and even a \"meaningful beat\" if you back out the \"unrealized foreign exchange losses\" that were the primary reason NIO lost twice as much money as analysts had anticipated. And the losses aside, the fact that NIO guided to better than 20,000 vehicle deliveries in Q1 2021 (at least 3% more than Lai had been banking on) has the analyst feeling \"optimistic\" about NIO's \"long-term prospects and distinctive business model with [autonomous driving] as a service.\"\nAs Lai pointed out, NIO's partner JAC Motors is expanding production capacity to facilitate NIO's growing sales, aiming to be able to produce 150,000 units annually one a single-shift production model -- or twice that with two shifts per day working on churning out NIO ES6, ES8, and EC6 automobiles -- and the new ET7 electric sedan as well. After seeing how fast production ramped in Q4, and NIO's projections for Q1, the analyst feels confident in predicting that deliveries will more than double this year, to 90,500 units or better.\nLai noted that one bottleneck that might prevent NIO from hitting this goal is the well-publicized deficit in automotive semiconductor chip supplies (and another, constrained supplies of electric batteries). The analyst sees these reducing production rates to perhaps 7,500 units per month in Q2, but easing up thereafter.\nWhat kinds of production rates should investors be looking for, then? Assume 20,000 units produced in Q1, and 22,500 in Q2 -- that leaves 48,000 cars that NIO will need to build and ship in the second half of the year in order to hit its year-long production goal. That works out to 8,000 cars per month in Qs 3 and 4, and if NIO can do 7,500 cars a month with supply chain problems, it seems reasonable to assume it can do 8,000 a month without them.\nIn any case, Lai doesn't seem to worried about the potential for a sales miss. In lowering his price target on the stock from $75 to $70 (but keeping his Outperform rating on the stock), Lai explains that his only real concern is that stock dilution has cut the value of NIO shares slightly. Earnings losses and production risks seem to bother him not at all. (To watch Lai's track record,click here)\nOther analysts share a similar opinion when it comes to NIO. TipRanks data shows out of 10 analysts, 7 are bullish and 3 are sidelined. With a consensus price target of $68.33, the potential upside is about 54%. (See NIO stock analysis on TipRanks)\n\nTo find good ideas for EV stocks trading at attractive valuations, visit TipRanks’Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":105162014,"gmtCreate":1620279191838,"gmtModify":1634206407783,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[惊吓] ","listText":"[惊吓] ","text":"[惊吓]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/105162014","repostId":"1124806523","repostType":4,"repost":{"id":"1124806523","pubTimestamp":1620268246,"share":"https://www.laohu8.com/m/news/1124806523?lang=&edition=full","pubTime":"2021-05-06 10:30","market":"us","language":"en","title":"Why Fastly Stock Fell During and After Trading Hours on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1124806523","media":"The motley fool","summary":"What happened\nShares ofFastly(NYSE:FSLY)rose by as much as 4.2% Wednesday before settling down to a ","content":"<p>What happened</p>\n<p>Shares of<b>Fastly</b>(NYSE:FSLY)rose by as much as 4.2% Wednesday before settling down to a 2.6% loss on the day. After market hours, it suffered an even steeper decline, plunging by over 17%.</p>\n<p>So what</p>\n<p>Fastly announced that CFO Adriel Lares is vacating his position. He will continue leading the company's finance team until a successor is appointed, after which he'll stay on during a transition period. The company said that it is conducting a search for Lares' replacement, and has hired an unnamed executive search firm to aid in the hunt.</p>\n<p>As for the quarterly results, published after market hours, the first quarter saw thetech companylift its total revenue by 35% on a year-over-year basis to almost $85 million. But its adjusted net loss deepened to $14 million ($0.12 per share), from the first-quarter 2020 shortfall of $6 million.</p>\n<p>The revenue improvement was due to higher customer counts and a modest improvement in client spending. Profitability was hurt by higher costs in sales/marketing and research and development.</p>\n<p>Now what</p>\n<p>While no investor likes when a company executive steps down, Lares' transition appears to be smooth, untroubled, and peaceful.</p>\n<p>Fastly's first quarter is more of a concern, as the company missed the average analyst estimates on both the top and bottom lines. This compounds a wider investor trend of moving away from certain tech stocks in favor of titles seen as having more potential to gain from our emergence from the pandemic.</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>Why Fastly Stock Fell During and After Trading Hours on Wednesday</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 Fastly Stock Fell During and After Trading Hours on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-06 10:30 GMT+8 <a href=https://www.fool.com/investing/2021/05/05/why-fastly-fell-on-wednesday/><strong>The motley fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares ofFastly(NYSE:FSLY)rose by as much as 4.2% Wednesday before settling down to a 2.6% loss on the day. After market hours, it suffered an even steeper decline, plunging by over 17%....</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/why-fastly-fell-on-wednesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FSLY":"Fastly, Inc."},"source_url":"https://www.fool.com/investing/2021/05/05/why-fastly-fell-on-wednesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124806523","content_text":"What happened\nShares ofFastly(NYSE:FSLY)rose by as much as 4.2% Wednesday before settling down to a 2.6% loss on the day. After market hours, it suffered an even steeper decline, plunging by over 17%.\nSo what\nFastly announced that CFO Adriel Lares is vacating his position. He will continue leading the company's finance team until a successor is appointed, after which he'll stay on during a transition period. The company said that it is conducting a search for Lares' replacement, and has hired an unnamed executive search firm to aid in the hunt.\nAs for the quarterly results, published after market hours, the first quarter saw thetech companylift its total revenue by 35% on a year-over-year basis to almost $85 million. But its adjusted net loss deepened to $14 million ($0.12 per share), from the first-quarter 2020 shortfall of $6 million.\nThe revenue improvement was due to higher customer counts and a modest improvement in client spending. Profitability was hurt by higher costs in sales/marketing and research and development.\nNow what\nWhile no investor likes when a company executive steps down, Lares' transition appears to be smooth, untroubled, and peaceful.\nFastly's first quarter is more of a concern, as the company missed the average analyst estimates on both the top and bottom lines. This compounds a wider investor trend of moving away from certain tech stocks in favor of titles seen as having more potential to gain from our emergence from the pandemic.","news_type":1},"isVote":1,"tweetType":1,"viewCount":615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":369215621,"gmtCreate":1614046946963,"gmtModify":1634551408933,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[喷血] ","listText":"[喷血] ","text":"[喷血]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/369215621","repostId":"1117484017","repostType":4,"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":320708492,"gmtCreate":1615173454016,"gmtModify":1703485185625,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"还有利好吗?","listText":"还有利好吗?","text":"还有利好吗?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/320708492","repostId":"1136643242","repostType":4,"repost":{"id":"1136643242","pubTimestamp":1615170524,"share":"https://www.laohu8.com/m/news/1136643242?lang=&edition=full","pubTime":"2021-03-08 10:28","market":"us","language":"en","title":"Dow futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill","url":"https://stock-news.laohu8.com/highlight/detail?id=1136643242","media":"cnbc","summary":"Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final pas","content":"<div>\n<p>Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final passage this week.\nFutures contracts tied to the Dow Jones Industrial Average added 155 points, or 0.5%...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill</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 futures rise more than 100 points after Senate passes $1.9 trillion Covid relief bill\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 10:28 GMT+8 <a href=https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final passage this week.\nFutures contracts tied to the Dow Jones Industrial Average added 155 points, or 0.5%...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/03/07/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1136643242","content_text":"Dow futures rose on Sunday evening as a new stimulus package from Washington headed toward final passage this week.\nFutures contracts tied to the Dow Jones Industrial Average added 155 points, or 0.5%. Those for the S&P 500 were up 0.4%, while those for Nasdaq 100 were flat, signaling that a recent underperformance by tech stocks may continue on Monday.\nThe move in futures came after the Senate passed a$1.9 trillion economic relief and stimulus bill on Saturday, paving the way for extensions to unemployment benefits, another round of stimulus checks and aid to state and local governments. The Democrat-controlled House is expected to pass the bill later this week. President Joe Biden is expected to sign it into law before unemployment aid programs expire on March 14.\nThe fresh round of government spending could cause ripples in the U.S. Treasury market, where the benchmark 10-year yield has risen sharply in recent weeks. Theyield rose as high as 1.62%on Friday after starting the calendar year below the 1% mark. It was trading at roughly 1.59% on Sunday night.\nThe rapid move in the bond marked has unnerved equity investors as well, contributing to weakness in stocks with high valuations.\n“10-year yields finally caught up to other asset markets. This is putting pressure on valuations, especially for the most expensive stocks that had reached nosebleed valuations,” Mike Wilson, the chief U.S. equity strategist at Morgan Stanley, said in a note.\nThe stock market is coming off anafternoon rally on Fridaythat took some of the sting out of a rough week for high-flying momentum names. The tech-heavyNasdaqfinished with a week-to-date loss of 2.1%, while theS&P 500gained 0.8%. TheDow, more reliant on cyclical stocks, rose 1.8%.\nThe Friday turnaround doesn’t signal that the recent weakness for the market is over, but the divergence between tech and cyclical plays shows that the bullish story remains intact, Morgan Stanley’s Wilson said.\n“The bull market continues to be under the hood, with value and cyclicals leading the way. Growth stocks can rejoin the party once the valuation correction and repositioning is finished,” Wilson said.\nOn the economic front, investors will get a look at wholesale inventory data from January on Monday. Several economic measures in recent weeks have shown a recovery that is picking up steam, including abetter-than-expected February jobsreport released on Friday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":620,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874440711,"gmtCreate":1637815500827,"gmtModify":1637815500940,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/874440711","repostId":"1183200074","repostType":4,"repost":{"id":"1183200074","pubTimestamp":1637811543,"share":"https://www.laohu8.com/m/news/1183200074?lang=&edition=full","pubTime":"2021-11-25 11:39","market":"us","language":"en","title":"ASML: It's A Leading Semiconductor Player, But Don't Buy Now","url":"https://stock-news.laohu8.com/highlight/detail?id=1183200074","media":"Seeking Alpha","summary":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edg","content":"<p><b>Summary</b></p>\n<ul>\n <li>ASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.</li>\n <li>Investors have been willing to pay up for its dominance in this market.</li>\n <li>However, its current valuation looks stretched, as growth is expected to slow.</li>\n <li>We discuss why we think investors should wait for a deeper retracement first before considering adding exposure.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ad6d47b090e53e0f884bb297357356fb\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Sundry Photography/iStock Editorial via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>ASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.</p>\n<p>ASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.</p>\n<p>Nevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.</p>\n<p><b>ASML Stock YTD Performance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/169b4c2f1ad5b898301963a7c316e12e\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>ASML stock YTD performance (as of 23 November 21).</span></p>\n<p>It has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.</p>\n<p><b>A Strong 2021 for ASML. What about its Prognosis Moving Forward?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2983887c701a83a264bdfae1302ba7c4\" tg-width=\"640\" tg-height=\"350\" referrerpolicy=\"no-referrer\"><span>SEMI 2021 mid-year total equipment forecast by segment. Source: SEMI</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d62038d494d773331d57f45fb3bf07df\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML quarterly revenue & YoY change. Data source: S&P Capital IQ</span></p>\n<p>It has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):</p>\n<blockquote>\n <i>We're seeing continued strong demand from our customers across all market segments</i>from both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.\n <i>Therefore, we continue to increase our capacity</i>for all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e67ec84e5d14097765f5787d32fe192e\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML share of revenue by technology. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3380359fecb47be9aa6ce3c11d93d88d\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML sales count of EUV machines. Data source: Company filings</span></p>\n<p>EUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.</p>\n<p>Nevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.</p>\n<p>TSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:</p>\n<blockquote>\n Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)\n</blockquote>\n<p>Hence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.</p>\n<p>In addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"</p>\n<p>Even ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):</p>\n<blockquote>\n <i>So -- and the real answer is we don't know</i>. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.\n <i>So there is this underlying trend that we really don't understand fully.</i>(from ASML's FQ3'21 earnings call)\n</blockquote>\n<p><b>So, is ASML Stock a Buy Now?</b></p>\n<p>Much has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.</p>\n<p>Mordor Intelligence estimates that the EUV market would grow by a CAGR of 15% from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):</p>\n<blockquote>\n Yes. I mean, we have corrections.\n <i>We have always seen corrections in our industry. I'm not going to say that they're not there</i>. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)\n</blockquote>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fc259fe73c80630f1e3482dab4712cca\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML est. revenue mean consensus. Data source: S&P Capital IQ</span></p>\n<p>We applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44c022f15bd09540111ab4db82dcff88\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>ASML EV/Fwd EBITDA valuation trend. Data source: S&P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/67bc2b2d8f96dd007a5c727b7b0762c7\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>ASML stock EV/NTM EBITDA 3Y mean.</span></p>\n<p>We believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.</p>\n<p>However, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.</p>\n<p>There is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.</p>\n<p>Consequently, we<i>rate ASML at Neutral for now</i>. But we may consider adding exposure if we observe a meaningful retracement.</p>\n<p>Written by JR Research</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>ASML: It's A Leading Semiconductor Player, But Don't Buy Now</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\">\nASML: It's A Leading Semiconductor Player, But Don't Buy Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 11:39 GMT+8 <a href=https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.\nInvestors have been willing to pay up for its ...</p>\n\n<a href=\"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASML":"阿斯麦"},"source_url":"https://seekingalpha.com/article/4471867-asml-stock-leading-semiconductor-player-valuation-looks-stretched","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183200074","content_text":"Summary\n\nASML is supplying the critical extreme ultraviolet lithography machines for the leading-edge foundries. It has no competitors in this market.\nInvestors have been willing to pay up for its dominance in this market.\nHowever, its current valuation looks stretched, as growth is expected to slow.\nWe discuss why we think investors should wait for a deeper retracement first before considering adding exposure.\n\nSundry Photography/iStock Editorial via Getty Images\nInvestment Thesis\nASML Holding N.V. (ASML) is one of the leading players in the wafer fabrication equipment (WFE) market. As the only player capable of manufacturing extreme ultraviolet (EUV) lithography machines, ASML has no competitors in this category. Taiwan Semiconductor (TSM), Samsung (OTC:SSNLF), and Intel (INTC) have to depend on ASML to supply these highly coveted and costly machines. In addition, the secular demand drivers underpinning the 5G ramp, IoT, autonomous vehicles, and high-performance computing will continue to benefit ASML EUV demand.\nASML also telegraphed a backlog that amounted to EUR 19.6B in FQ3, including EUR 11.6B in EUV. Consequently, it has given them revenue visibility until early 2023, as the company continues to add capacity.\nNevertheless, we believe that a significant amount of growth premium has been baked into the stock's current valuation. It leaves little margin for error and would require ASML to execute immaculately. While we do not question management's ability to execute, we are also concerned about the potential or a correction due to excess capacity from 2023/24 onwards.\nASML Stock YTD Performance\nASML stock YTD performance (as of 23 November 21).\nIt has been a fabulous year for ASML investors. The stock's momentum has been robust all year as it rode the secular drivers underpinning its industry. Moreover, given its dominance in EUV lithography, investors are willing to continue paying up to own its shares. As a result, ASML stock's YTD gain of 65.6% easily outperformed the Invesco QQQ ETF's (QQQ) YTD return of 26.7%. However, its WFE rival Applied Materials (AMAT) stock is slightly ahead with a YTD gain of 72.5%.\nA Strong 2021 for ASML. What about its Prognosis Moving Forward?\nSEMI 2021 mid-year total equipment forecast by segment. Source: SEMI\nASML quarterly revenue & YoY change. Data source: S&P Capital IQ\nIt has been a banner year for the semiconductor industry and the WFE market. SEMI estimated that WFE sales would increase by 33.5% YoY in 2021. ASML guided for its revenue to grow by 35% YoY in FY21. Given the company's solid performance in FQ1-FQ3 so far, we believe that ASML's guidance is highly credible. It's also well in line with the industry's forecasts, so it's highly reasonable as well. Despite the supply chain problems that ASML is facing, it still expects a robust FQ4, guiding for revenue of between EUR 4.9B to EUR 5.2B. CEO Peter Wennink emphasized (edited):\n\nWe're seeing continued strong demand from our customers across all market segmentsfrom both advanced and mature nodes, driving demand across our entire product portfolio. These end market trends are driving strong demand across all market segments and across our entire technology portfolio.\n Therefore, we continue to increase our capacityfor all of our products to meet customer capacity and technology requirements. (from ASML's FQ3'21 earnings call)\n\nASML share of revenue by technology. Data source: Company filings\nASML sales count of EUV machines. Data source: Company filings\nEUV has driven sales for ASML tremendously over the last three years. We can easily glean from the growth cadence of the unit sales, and EUV's share of the revenue. In FQ3, EUV's share of revenue remains influential and consistent at 54%. In addition, its foundry customers have telegraphed their plans to increase CapEx intensity moving forward to support robust underlying demand. Therefore, we believe EUV's share of revenue will remain robust.\nNevertheless, it's also important to note that its DUV systems are critical in driving ASML's revenue. Hence, while the secular demand underpinning EUV's strength is commendable, the concern of overcapacity has been widely discussed along the mature nodes.\nTSMC CEO C.C. Wei also discussed the possibility of an \"inventory correction\" moving forward. He articulated:\n\n Let me say that while we do not rule out the possibility of an inventory correction, but we expect TSMC's capacity remain very tight in 2021 and throughout 2022. This is because of our technology leadership position. And even there's a correction to occur, we believe it could be less volatile for TSMC than previous downturn due to our underlying structural megatrend of 5G-related and HPC applications. (from TSMC's FQ3'21 earnings call)\n\nHence, TSM recognizes that the potential for excess capacity could affect the trailing nodes much more than leading nodes. However, TSM's CapEx is heavily focused on the leading-edge, as it accounted for 80% of its CapEx investments. Therefore, a potential downturn is less likely to hit the foundry leader significantly.\nIn addition, the problems could intensify in the automotive market. TSMC emphasized that it discovered that the automotive supply chain is very complex and challenging to grasp well. CEO C.C. Wei emphasized: \"Let me specifically point it out. The automotive supply chain actually is quite long and complex. It's more complicated than we initially thought.\"\nEven ASML had cautioned that it has also been unable to fully understand the bottlenecks in the supply chain. While the company has attempted its best to model and survey, it hasn't found a viable answer. In response to an analyst's question on the source of the supply bottlenecks, CEO Peter Wennink accentuated (edited):\n\nSo -- and the real answer is we don't know. Because somehow we haven't been able to connect all the dots that actually are the underlying drivers for this demand. There's some rumors out there that the brokers and the distributors are stocking up all the inventory to drive up the prices. I know one thing that the demand for mature, for DUV dry has by far exceeded our expectations. Some of it will be panic ordering by the customers of our customers. But it's too big to just be panic ordering.\n So there is this underlying trend that we really don't understand fully.(from ASML's FQ3'21 earnings call)\n\nSo, is ASML Stock a Buy Now?\nMuch has been said about ASML's dominance in leading-edge EUV systems and how it will continue to entrench its leadership. But, it may be helpful for investors to remember that its mature nodes systems also drive the company's stock valuation.\nMordor Intelligence estimates that the EUV market would grow by a CAGR of 15% from 2020 to 2026. Considering ASML's FY21 guidance of 35% YoY growth, ASML expects slower growth ahead even with the capacity ramp. Wennink also suggested that corrections cannot be ruled out, even though he emphasized that it's unlikely to happen soon. He mentioned (edited):\n\n Yes. I mean, we have corrections.\n We have always seen corrections in our industry. I'm not going to say that they're not there. But we have to look at some of the trends that we're also seeing. And we look at the announcement of the build-out of new capacity. Just refer to the US chip sector, EUR 52 billion, of which EUR 40 billion is for basically to support expansion of capacity. That's going to happen over the next couple of years. It will take 2 to 3 years. So when will this inevitable correction come, I don't think it's likely to come anywhere soon. (from ASML's FQ3'21 earnings call)\n\nASML est. revenue mean consensus. Data source: S&P Capital IQ\nWe applaud management for having the confidence to issue long-term guidance of 11% CAGR from 2020 to 2030. Management also provided revenue visibility till FY25, as it expected revenue of between EUR 24B and EUR 30B. Consensus estimates point to revenue of EUR 28.5B, which is at the higher end of ASML's mid-term guidance. Therefore, consensus estimates imply a revenue CAGR of 11.1% over the next four years, aligning with ASML's long-term guidance. Notably, it's also in line with Mordor Intelligence's estimates from FY20. ASML is projected to grow its revenue at a CAGR of 15.3% from FY20 to FY26. Hence, we are confident that the company's revenue guidance and the consensus estimates are well-aligned and credible.\nASML EV/Fwd EBITDA valuation trend. Data source: S&P Capital IQ\nASML stock EV/NTM EBITDA 3Y mean.\nWe believe the clear revenue runway ahead for ASML has given investors confidence to continue paying a premium for ASML stock. The stock is currently trading at an EV/NTM EBITDA of 35.3x, 31.2% above its 3Y mean of 26.9x.\nHowever, ASML stock has found support whenever its NTM EBITDA multiple reached about 32.3x in 2021. The stock is trading at about 9.3% above this support level. Despite that, we are cautious about paying such a high premium for a stock where we consider at least two to three years of EBITDA growth could have been priced in.\nThere is little doubt that ASML stock is a high-quality stock with a clear revenue runway. But, we are careful about paying the current premium asked. Therefore, we encourage investors to wait for a deeper retracement for a safer entry point.\nConsequently, werate ASML at Neutral for now. But we may consider adding exposure if we observe a meaningful retracement.\nWritten by JR Research","news_type":1},"isVote":1,"tweetType":1,"viewCount":710,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":384355379,"gmtCreate":1613618620191,"gmtModify":1634552920854,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[财迷] ","listText":"[财迷] ","text":"[财迷]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/384355379","repostId":"1188127819","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":313969480,"gmtCreate":1611654188240,"gmtModify":1703751973545,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[看涨] or [看跌] ","listText":"[看涨] or [看跌] ","text":"[看涨] or [看跌]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/313969480","repostId":"1108685615","repostType":4,"repost":{"id":"1108685615","pubTimestamp":1611641202,"share":"https://www.laohu8.com/m/news/1108685615?lang=&edition=full","pubTime":"2021-01-26 14:06","market":"us","language":"en","title":"Chinese electric carmaker Xpeng rolls out autonomous highway driving features","url":"https://stock-news.laohu8.com/highlight/detail?id=1108685615","media":"CNBC","summary":"GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous h","content":"<div>\n<p>GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous highway driving features to eligible customers as it looks to ramp up its challenge toTeslain the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Chinese electric carmaker Xpeng rolls out autonomous highway driving features</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\">\nChinese electric carmaker Xpeng rolls out autonomous highway driving features\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-26 14:06 GMT+8 <a href=https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous highway driving features to eligible customers as it looks to ramp up its challenge toTeslain the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/01/26/xpeng-rolls-out-autonomous-driving-features-in-challenge-to-tesla.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1108685615","content_text":"GUANGZHOU, China — Chinese electric carmakerXpeng Motorshas started rolling out its new autonomous highway driving features to eligible customers as it looks to ramp up its challenge toTeslain the world’s largest auto market.The electric vehicle start-up announced the Navigation Guided Pilot or NGP this month. The feature allows drivers to automatically change lanes, speed up or slow down, overtake cars as well as enter and exit highways.It is part of the next generation of Xpeng’s XPILOT 3.0 “advanced driver-assistancesystem” (ADAS). Customers who have purchased the option on the premium version of Xpeng’s P7 sedan will be able to download NGP over WiFi.The features are part of a broader so-called over-the-air update that allows customers to download new software via WiFi. It is similar to upgrading the operating system on a phone.XPeng’s operating system, Xmart OS 2.5.0, will be available to all P7 customers, the company said. It includes an upgraded voice assistant and certain in-car apps.The company, which is headquartered in Guangzhou, is trying to highlight its software and autonomous driving capabilities as a way to differentiate from domestic rivals likeNioandLi Autoas well as challenge Tesla.The U.S. electric carmaker has its own autonomous ADAS called Autopilot.China’s electric vehicle companies are looking to add more autonomous features to their cars. Nio has its own system called NIO Pilot.","news_type":1},"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825028973,"gmtCreate":1634180091046,"gmtModify":1634180091202,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825028973","repostId":"2175129162","repostType":4,"repost":{"id":"2175129162","pubTimestamp":1634172360,"share":"https://www.laohu8.com/m/news/2175129162?lang=&edition=full","pubTime":"2021-10-14 08:46","market":"us","language":"en","title":"GitLab Announces Pricing of Initial Public Offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2175129162","media":"GlobeNewswire","summary":"SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, a","content":"<p>SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common stock at a public offering price of $77.00 per share. The offering consists of 8,420,000 shares of Class A common stock to be sold by GitLab Inc. and 1,980,000 shares of Class A common stock to be sold by an existing stockholder affiliated with Sytse “Sid” Sijbrandij, Gitlab Inc.’s Co-founder, Chief Executive Officer, and Board of Directors Chair (the “Selling Stockholder”). Gitlab Inc. will not receive any proceeds from the sale of shares of common stock by the Selling Stockholder.</p>\n<p>The shares are expected to begin trading on the Nasdaq Global Select Market on October 14, 2021 under the ticker symbol “GTLB.” The offering is expected to close on October 18, 2021, subject to the satisfaction of customary closing conditions.</p>\n<p>In addition, GitLab Inc. and the Selling Stockholder have granted the underwriters a 30-day option to purchase up to an additional 1,040,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.</p>\n<p>Goldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the offering. UBS Investment Bank, RBC Capital Markets, Truist Securities and Piper Sandler are acting as joint book-running managers for the offering. Cowen, KeyBanc Capital Markets, and William Blair are acting as co-managers for the offering.</p>\n<p>A registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 13, 2021. The offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained, when available, from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (866) 803-9204, or by emailing prospectus-eq_fi@jpmchase.com; or BofA Securities, Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Dg.prospectus_requests@bofa.com.</p>\n<p>This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>\n<p><b>About GitLab Inc.</b></p>\n<p>GitLab Inc. is the provider of The DevOps platform, a single application that brings together development, operations, IT, security, and business teams to deliver desired business outcomes.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GitLab Announces Pricing of Initial Public Offering</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGitLab Announces Pricing of Initial Public Offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-14 08:46 GMT+8 <a href=https://finance.yahoo.com/news/gitlab-announces-pricing-initial-public-002300218.html><strong>GlobeNewswire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common...</p>\n\n<a href=\"https://finance.yahoo.com/news/gitlab-announces-pricing-initial-public-002300218.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GTLB":"GitLab, Inc."},"source_url":"https://finance.yahoo.com/news/gitlab-announces-pricing-initial-public-002300218.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2175129162","content_text":"SAN FRANCISCO, Oct. 13, 2021 (GLOBE NEWSWIRE) -- GitLab Inc., the provider of The DevOps Platform, announced today the pricing of its initial public offering of 10,400,000 shares of its Class A common stock at a public offering price of $77.00 per share. The offering consists of 8,420,000 shares of Class A common stock to be sold by GitLab Inc. and 1,980,000 shares of Class A common stock to be sold by an existing stockholder affiliated with Sytse “Sid” Sijbrandij, Gitlab Inc.’s Co-founder, Chief Executive Officer, and Board of Directors Chair (the “Selling Stockholder”). Gitlab Inc. will not receive any proceeds from the sale of shares of common stock by the Selling Stockholder.\nThe shares are expected to begin trading on the Nasdaq Global Select Market on October 14, 2021 under the ticker symbol “GTLB.” The offering is expected to close on October 18, 2021, subject to the satisfaction of customary closing conditions.\nIn addition, GitLab Inc. and the Selling Stockholder have granted the underwriters a 30-day option to purchase up to an additional 1,040,000 shares of Class A common stock at the initial public offering price, less underwriting discounts and commissions.\nGoldman Sachs & Co. LLC, J.P. Morgan, and BofA Securities are acting as lead book-running managers for the offering. UBS Investment Bank, RBC Capital Markets, Truist Securities and Piper Sandler are acting as joint book-running managers for the offering. Cowen, KeyBanc Capital Markets, and William Blair are acting as co-managers for the offering.\nA registration statement relating to these securities was declared effective by the Securities and Exchange Commission on October 13, 2021. The offering is being made only by means of a prospectus. A copy of the final prospectus may be obtained, when available, from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, telephone: 1-866-471-2526, facsimile: 212-902-9316 or email: prospectus-ny@ny.email.gs.com; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717, telephone: (866) 803-9204, or by emailing prospectus-eq_fi@jpmchase.com; or BofA Securities, Attn: Prospectus Department, NC1-004-03-43, 200 North College Street, 3rd Floor, Charlotte, NC 28255-0001, Dg.prospectus_requests@bofa.com.\nThis press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.\nAbout GitLab Inc.\nGitLab Inc. is the provider of The DevOps platform, a single application that brings together development, operations, IT, security, and business teams to deliver desired business outcomes.","news_type":1},"isVote":1,"tweetType":1,"viewCount":461,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823464131,"gmtCreate":1633655542232,"gmtModify":1633655542602,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823464131","repostId":"2173594243","repostType":4,"repost":{"id":"2173594243","pubTimestamp":1633651659,"share":"https://www.laohu8.com/m/news/2173594243?lang=&edition=full","pubTime":"2021-10-08 08:07","market":"us","language":"en","title":"Lasertec Gets First Next-Gen Gear Orders From Memory Chipmakers","url":"https://stock-news.laohu8.com/highlight/detail?id=2173594243","media":"Bloomberg","summary":"DRAM makers begin adoption of extreme ultraviolet lithography\nLasertec targets sixth straight year o","content":"<ul>\n <li>DRAM makers begin adoption of extreme ultraviolet lithography</li>\n <li>Lasertec targets sixth straight year of record sales, profit</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bdb76043ce0932bdc00a8bf62355d224\" tg-width=\"1400\" tg-height=\"1025\" width=\"100%\" height=\"auto\"><span>Lasertec ACTIS A150 Source: Lasertec Corp.</span></p>\n<p>Lasertec Corp., the sole supplier of machines required to test designs for the world’s most advanced chips, has expanded its list of customers to computer memory makers, President Osamu Okabayashi said in an interview.</p>\n<p>First orders from DRAM manufacturers for testing gear used in the extreme ultraviolet lithography (EUV) method of chipmaking came in the fiscal year ended June, Okabayashi said, declining to name specific customers or disclose exact numbers. The demand helped push Lasertec’s bookings to a record 112.9 billion yen ($1 billion) in the period, a number the company forecasts will climb another 42% this year.</p>\n<p>The EUV process unlocks today’s smallest-scale designs, enabling more powerful and efficient microprocessors, referred to as logic chips in the industry. Yokohama-based Lasertec spent years developing equipment for it and has seen its share price rocket up more than 1,000% since early 2019 as EUV adoption by manufacturers like Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. took off. It now forecasts a sixth straight year of record revenue and profit thanks to demand for advanced manufacturing from the likes of Apple Inc., whose latest iPhones and iPads are powered by EUV designs.</p>\n<p>DRAM is a type of computer memory used to perform operations that doesn’t hold data after the power is switched off. Until recently, EUV had been used only in the more complex and lucrative logic chips, but now Samsung’s memory-making division along with SK Hynix Inc. and Micron Technology Inc. -- the trio dominating the market -- have all announced and started to adopt EUV for their most advanced products.</p>\n<p>“Logic foundries have led the way on EUV, while DRAM makers are just beginning their mass production using the technology in 2021,” Okabayashi said. “It’s just the start.”</p>\n<p>In 2017, Lasertec solved a key piece of the EUV puzzle when it created a machine that can inspect blank EUV design masks for internal flaws. Though just <a href=\"https://laohu8.com/S/AONE.U\">one</a> step of the manufacturing process, this verification is indispensable and owning the technology has put Lasertec in an enviable position. In September 2019, the company cleared another milestone with equipment that can do the same for stencils with chip designs already printed on them. Chipmakers buy these to minimize mask flaws and thus improve production yields and profitability.</p>\n<p>Logic foundries are likely to remain the company’s biggest customers because of how the chips are made, Okabayashi said. DRAM manufacturing requires just a handful of masks, because the integrated circuit layout is simpler and there are only a few types of the final product, he said. Logic chips are vastly more diverse, with companies like Apple and Alphabet Inc.’s Google increasingly building bespoke chips for their consumer hardware. Production at 5nm uses more than 10 masks and the next-generation 3nm semiconductors require more than 20.</p>\n<p>Lasertec has struggled to keep up with demand. Order backlog ballooned to a record 135.8 billion yen last fiscal year and is expected to grow 57% in the current period. The company has managed to reduce lead times for some machines from one year to as little as 3 months by stocking up on parts ahead of the actual orders. It hired 88 new employees and plans to add 170 this year, more than half of them overseas, to help with development, installation and support. It also boosted its research budget 31% to 7.5 billion yen.</p>\n<p>“With mask-testing equipment, there is always a push to detect ever smaller flaws,” Okabayashi said. “Something that wasn’t a problem at 5-nanometer scale, will cause yields to drop at 3 nanometers and so on.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Lasertec Gets First Next-Gen Gear Orders From Memory Chipmakers</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\">\nLasertec Gets First Next-Gen Gear Orders From Memory Chipmakers\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-08 08:07 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-10-07/lasertec-gets-first-next-gen-gear-orders-from-memory-chipmakers?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>DRAM makers begin adoption of extreme ultraviolet lithography\nLasertec targets sixth straight year of record sales, profit\n\nLasertec ACTIS A150 Source: Lasertec Corp.\nLasertec Corp., the sole supplier...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-07/lasertec-gets-first-next-gen-gear-orders-from-memory-chipmakers?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LSRCF":"Lasertec Corp.","MU":"美光科技","LSRCY":"Lasertec Corp.","TSM":"台积电","GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A"},"source_url":"https://www.bloomberg.com/news/articles/2021-10-07/lasertec-gets-first-next-gen-gear-orders-from-memory-chipmakers?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2173594243","content_text":"DRAM makers begin adoption of extreme ultraviolet lithography\nLasertec targets sixth straight year of record sales, profit\n\nLasertec ACTIS A150 Source: Lasertec Corp.\nLasertec Corp., the sole supplier of machines required to test designs for the world’s most advanced chips, has expanded its list of customers to computer memory makers, President Osamu Okabayashi said in an interview.\nFirst orders from DRAM manufacturers for testing gear used in the extreme ultraviolet lithography (EUV) method of chipmaking came in the fiscal year ended June, Okabayashi said, declining to name specific customers or disclose exact numbers. The demand helped push Lasertec’s bookings to a record 112.9 billion yen ($1 billion) in the period, a number the company forecasts will climb another 42% this year.\nThe EUV process unlocks today’s smallest-scale designs, enabling more powerful and efficient microprocessors, referred to as logic chips in the industry. Yokohama-based Lasertec spent years developing equipment for it and has seen its share price rocket up more than 1,000% since early 2019 as EUV adoption by manufacturers like Samsung Electronics Co. and Taiwan Semiconductor Manufacturing Co. took off. It now forecasts a sixth straight year of record revenue and profit thanks to demand for advanced manufacturing from the likes of Apple Inc., whose latest iPhones and iPads are powered by EUV designs.\nDRAM is a type of computer memory used to perform operations that doesn’t hold data after the power is switched off. Until recently, EUV had been used only in the more complex and lucrative logic chips, but now Samsung’s memory-making division along with SK Hynix Inc. and Micron Technology Inc. -- the trio dominating the market -- have all announced and started to adopt EUV for their most advanced products.\n“Logic foundries have led the way on EUV, while DRAM makers are just beginning their mass production using the technology in 2021,” Okabayashi said. “It’s just the start.”\nIn 2017, Lasertec solved a key piece of the EUV puzzle when it created a machine that can inspect blank EUV design masks for internal flaws. Though just one step of the manufacturing process, this verification is indispensable and owning the technology has put Lasertec in an enviable position. In September 2019, the company cleared another milestone with equipment that can do the same for stencils with chip designs already printed on them. Chipmakers buy these to minimize mask flaws and thus improve production yields and profitability.\nLogic foundries are likely to remain the company’s biggest customers because of how the chips are made, Okabayashi said. DRAM manufacturing requires just a handful of masks, because the integrated circuit layout is simpler and there are only a few types of the final product, he said. Logic chips are vastly more diverse, with companies like Apple and Alphabet Inc.’s Google increasingly building bespoke chips for their consumer hardware. Production at 5nm uses more than 10 masks and the next-generation 3nm semiconductors require more than 20.\nLasertec has struggled to keep up with demand. Order backlog ballooned to a record 135.8 billion yen last fiscal year and is expected to grow 57% in the current period. The company has managed to reduce lead times for some machines from one year to as little as 3 months by stocking up on parts ahead of the actual orders. It hired 88 new employees and plans to add 170 this year, more than half of them overseas, to help with development, installation and support. It also boosted its research budget 31% to 7.5 billion yen.\n“With mask-testing equipment, there is always a push to detect ever smaller flaws,” Okabayashi said. “Something that wasn’t a problem at 5-nanometer scale, will cause yields to drop at 3 nanometers and so on.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":653,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823849937,"gmtCreate":1633614511125,"gmtModify":1633614511522,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Read","listText":"Read","text":"Read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/823849937","repostId":"1140731116","repostType":4,"repost":{"id":"1140731116","pubTimestamp":1633590877,"share":"https://www.laohu8.com/m/news/1140731116?lang=&edition=full","pubTime":"2021-10-07 15:14","market":"us","language":"en","title":"The 4 catalysts that could drive Amazon 29% higher in the next year, according to JPMorgan","url":"https://stock-news.laohu8.com/highlight/detail?id=1140731116","media":"Business Insider","summary":"Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reve","content":"<ul>\n <li><b>Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reversed, according to JPMorgan.</b></li>\n <li><b>The bank reiterated its Overweight rating and $4,100 price target for Amazon, a potential upside of 29% from Monday's close.</b></li>\n <li><b>These are the 4 catalysts that could send shares of Amazon higher over the next year.</b></li>\n</ul>\n<p>Amazon stock has been a significant underperformer for investors over the past year, but that trend could be set to change on four key catalysts,JPMorgan said in a note on Tuesday.</p>\n<p>The bank reiterated its overweight rating on Amazon and said the stock could surge to $4,100 over the next year, representing potential upside of 29% from Monday's close.</p>\n<p>That would help turn around Amazon's stock price, which returned just 4% over the past year, compared a return of 29% for the S&P 500 over the same time period.</p>\n<p>But the stock faces a few hurdles it needs to overcome with investors before the uptrend can resume, according to the note.</p>\n<p>Those hurdles include a year-end revenue decline due to tough year-over-year comparables and a broader e-commerce slowdown in the US, the impact on inventory from supply-chain disruptions, and an ongoing cycle of higher investments and lower profit margins.</p>\n<p>Despite the near-term concerns and uncertainty surrounding Amazon, JPMorgan believes \"there is still a significant secular shift toward ecommerce ahead and Amazon has a very strong track record around investing into growth opportunities.\"</p>\n<p>These are the four catalysts JPMorgan identified that could help jumpstart share price performance for Amazon:</p>\n<ol>\n <li>\"Current caution working its way through the stock and people wanting to own Amazon into the holidays.\"</li>\n <li>\"Moving closer to the last quarter of difficult COVID comps in the first quarter of 2022.\"</li>\n <li>\"Further downward revisions to 2022 profit estimates that would help lower the bar and potentially create more of a clearing event.\"</li>\n <li>\"A potential Prime price increase in 2022.\"</li>\n</ol>\n<p>The bank highlighted that Amazon now trades at less than 15x its below-consensus 2023 EBITDA estimates, and derived its $4,100 2022 price target from a sum-of-the-parts model that values Amazon Web Services at nearly $800 billion.</p>\n<p>\"We believe the second half of 2021 dislocation [in Amazon shares] creates a compelling opportunity over time,\" JPMorgan concluded.</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>The 4 catalysts that could drive Amazon 29% higher in the next year, according to JPMorgan</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\">\nThe 4 catalysts that could drive Amazon 29% higher in the next year, according to JPMorgan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-07 15:14 GMT+8 <a href=https://markets.businessinsider.com/news/stocks/amazon-stock-price-outlook-4-catalysts-higher-jpmorgan-says-2021-10><strong>Business Insider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reversed, according to JPMorgan.\nThe bank reiterated its Overweight rating and $4,100 price target for ...</p>\n\n<a href=\"https://markets.businessinsider.com/news/stocks/amazon-stock-price-outlook-4-catalysts-higher-jpmorgan-says-2021-10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://markets.businessinsider.com/news/stocks/amazon-stock-price-outlook-4-catalysts-higher-jpmorgan-says-2021-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140731116","content_text":"Amazon stock's recent underperformance relative to the S&P 500 over the past year could soon be reversed, according to JPMorgan.\nThe bank reiterated its Overweight rating and $4,100 price target for Amazon, a potential upside of 29% from Monday's close.\nThese are the 4 catalysts that could send shares of Amazon higher over the next year.\n\nAmazon stock has been a significant underperformer for investors over the past year, but that trend could be set to change on four key catalysts,JPMorgan said in a note on Tuesday.\nThe bank reiterated its overweight rating on Amazon and said the stock could surge to $4,100 over the next year, representing potential upside of 29% from Monday's close.\nThat would help turn around Amazon's stock price, which returned just 4% over the past year, compared a return of 29% for the S&P 500 over the same time period.\nBut the stock faces a few hurdles it needs to overcome with investors before the uptrend can resume, according to the note.\nThose hurdles include a year-end revenue decline due to tough year-over-year comparables and a broader e-commerce slowdown in the US, the impact on inventory from supply-chain disruptions, and an ongoing cycle of higher investments and lower profit margins.\nDespite the near-term concerns and uncertainty surrounding Amazon, JPMorgan believes \"there is still a significant secular shift toward ecommerce ahead and Amazon has a very strong track record around investing into growth opportunities.\"\nThese are the four catalysts JPMorgan identified that could help jumpstart share price performance for Amazon:\n\n\"Current caution working its way through the stock and people wanting to own Amazon into the holidays.\"\n\"Moving closer to the last quarter of difficult COVID comps in the first quarter of 2022.\"\n\"Further downward revisions to 2022 profit estimates that would help lower the bar and potentially create more of a clearing event.\"\n\"A potential Prime price increase in 2022.\"\n\nThe bank highlighted that Amazon now trades at less than 15x its below-consensus 2023 EBITDA estimates, and derived its $4,100 2022 price target from a sum-of-the-parts model that values Amazon Web Services at nearly $800 billion.\n\"We believe the second half of 2021 dislocation [in Amazon shares] creates a compelling opportunity over time,\" JPMorgan concluded.","news_type":1},"isVote":1,"tweetType":1,"viewCount":599,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":389306894,"gmtCreate":1612677252518,"gmtModify":1703764250763,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[你懂的] ","listText":"[你懂的] ","text":"[你懂的]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/389306894","repostId":"2109294027","repostType":4,"isVote":1,"tweetType":1,"viewCount":158,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":319930861,"gmtCreate":1611462784053,"gmtModify":1703750526476,"author":{"id":"3567832114052050","authorId":"3567832114052050","name":"NCM","avatar":"https://static.tigerbbs.com/bd72c39fd9a998a91f641828e572613e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[思考] ","listText":"[思考] ","text":"[思考]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/319930861","repostId":"1181468667","repostType":4,"repost":{"id":"1181468667","pubTimestamp":1611289287,"share":"https://www.laohu8.com/m/news/1181468667?lang=&edition=full","pubTime":"2021-01-22 12:21","market":"fut","language":"en","title":"Cryptos Won’t Work as Actual Currencies, UBS Economist Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1181468667","media":"Bloomberg","summary":"Supply can’t be reduced when demand falls, Donovan says\nMany digital assets offer uncertain levels o","content":"<ul>\n <li>Supply can’t be reduced when demand falls, Donovan says</li>\n <li>Many digital assets offer uncertain levels of spending power</li>\n</ul>\n<p>Cryptocurrencies may never be able to work as actual currencies, according to UBS Global Wealth Management.</p>\n<p>The “fundamental flaw” inherent in cryptocurrencies is that supply can’t be reduced when demand is slumping in most cases, Paul Donovan, chief economist at UBS GWM, said in avideothis week. That means they can’t be considered currencies, he said.</p>\n<p>A “proper currency,” as Donovan termed it, can be a stable store of value, providing certainty that it will be able to buy the same basket of goods tomorrow as it buys today. That confidence is derived from central banks’ ability to reduce supply when demand is falling. There is no such mechanism for switching off supply on most cryptocurrencies, and therefore their value can slide -- leading to a collapse in spending power.</p>\n<p>“People are unlikely to want to use something as a currency if they’ve got absolutely no certainty about what they can buy with that tomorrow,” Donovan said in the video.</p>\n<p><img src=\"https://static.tigerbbs.com/2737467990b9ed9b32f288e96f407d43\" tg-width=\"930\" tg-height=\"523\"></p>\n<p>Bitcoin futures are listed on the Chicago Mercantile Exchange alongside contracts for most major currencies, but the difference in daily trading volumes suggest that some investors haven’t yet embraced the crypto as a fully fledged currency. Amid the 11% price plunge for Bitcoin on Thursday transactions for the January futures were just above 13,000, while there were around six times as many for Japanese yen futures.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cryptos Won’t Work as Actual Currencies, UBS Economist Says</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\">\nCryptos Won’t Work as Actual Currencies, UBS Economist Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-01-22 12:21 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-01-22/cryptos-won-t-work-as-actual-currencies-ubs-economist-says?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Supply can’t be reduced when demand falls, Donovan says\nMany digital assets offer uncertain levels of spending power\n\nCryptocurrencies may never be able to work as actual currencies, according to UBS ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-01-22/cryptos-won-t-work-as-actual-currencies-ubs-economist-says?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2021-01-22/cryptos-won-t-work-as-actual-currencies-ubs-economist-says?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181468667","content_text":"Supply can’t be reduced when demand falls, Donovan says\nMany digital assets offer uncertain levels of spending power\n\nCryptocurrencies may never be able to work as actual currencies, according to UBS Global Wealth Management.\nThe “fundamental flaw” inherent in cryptocurrencies is that supply can’t be reduced when demand is slumping in most cases, Paul Donovan, chief economist at UBS GWM, said in avideothis week. That means they can’t be considered currencies, he said.\nA “proper currency,” as Donovan termed it, can be a stable store of value, providing certainty that it will be able to buy the same basket of goods tomorrow as it buys today. That confidence is derived from central banks’ ability to reduce supply when demand is falling. There is no such mechanism for switching off supply on most cryptocurrencies, and therefore their value can slide -- leading to a collapse in spending power.\n“People are unlikely to want to use something as a currency if they’ve got absolutely no certainty about what they can buy with that tomorrow,” Donovan said in the video.\n\nBitcoin futures are listed on the Chicago Mercantile Exchange alongside contracts for most major currencies, but the difference in daily trading volumes suggest that some investors haven’t yet embraced the crypto as a fully fledged currency. Amid the 11% price plunge for Bitcoin on Thursday transactions for the January futures were just above 13,000, while there were around six times as many for Japanese yen futures.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}