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NgYH
2021-12-10
This guy...
Tesla shares dropped 1% in premarket trading
NgYH
2021-11-21
So...what does it means
Activision Blizzard CEO's duty to disclose sexual misconduct claims falls into legal 'gray area,' expert says
NgYH
2021-11-11
$Alibaba(BABA)$
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2021-11-10
$Alibaba(BABA)$
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NgYH
2021-11-07
$DiDi Global Inc.(DIDI)$
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NgYH
2021-11-07
$Deckers Outdoor(DECK)$
missed the boat
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2021-11-06
$MercadoLibre(MELI)$
[得意] [得意]
NgYH
2021-11-06
$Alibaba(BABA)$
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NgYH
2021-10-30
Try it!
@小虎活动:[Halloween Game] Trade or Treat!
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2021-10-30
$DiDi Global Inc.(DIDI)$
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NgYH
2021-10-28
$Lockheed Martin(LMT)$
[捂脸] should I hold?
NgYH
2021-10-25
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2021-10-24
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2021-10-24
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NgYH
2021-10-23
$Amazon.com(AMZN)$
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2021-10-21
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2021-10-19
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NgYH
2021-10-18
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NgYH
2021-10-17
$Johnson & Johnson(JNJ)$
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NgYH
2021-10-16
$Huya Inc.(HUYA)$
[笑哭] [捂脸]
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guy...","listText":"This guy...","text":"This guy...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605188163","repostId":"1116553400","repostType":2,"repost":{"id":"1116553400","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1639126992,"share":"https://www.laohu8.com/m/news/1116553400?lang=&edition=full","pubTime":"2021-12-10 17:03","market":"us","language":"en","title":"Tesla shares dropped 1% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1116553400","media":"Tiger Newspress","summary":"Tesla shares dropped 1% in premarket trading after Musk sold Tesla shares worth $963.2 million and M","content":"<p>Tesla shares dropped 1% in premarket trading after Musk sold Tesla shares worth $963.2 million and Musk said he was 'thinking of' quitting his jobs.</p>\n<p><img src=\"https://static.tigerbbs.com/c002d1f5382a827395e32925514d05f4\" tg-width=\"843\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla Inc Chief Executive Officer Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $963.2 million, U.S. securities filings showed on Thursday.</p>\n<p>He also exercised stock options to buy 2.17 million shares of Tesla, according to the filings.</p>\n<p>Tesla Inc Chief Executive Officer Elon Musk is \"thinking of\" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.</p>\n<p>\"thinking of quitting my jobs & becoming an influencer full-time wdyt,\" Musk said in the tweet, without elaborating.</p>\n<p>It was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.</p>\n<p>Musk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for \"several years\".</p>\n<p>\"It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days a week. Pretty intense.\"</p>\n<p>Last month, he asked his followers on Twitter whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion since.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla shares dropped 1% in premarket 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\">\nTesla shares dropped 1% in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-10 17:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla shares dropped 1% in premarket trading after Musk sold Tesla shares worth $963.2 million and Musk said he was 'thinking of' quitting his jobs.</p>\n<p><img src=\"https://static.tigerbbs.com/c002d1f5382a827395e32925514d05f4\" tg-width=\"843\" tg-height=\"620\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla Inc Chief Executive Officer Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $963.2 million, U.S. securities filings showed on Thursday.</p>\n<p>He also exercised stock options to buy 2.17 million shares of Tesla, according to the filings.</p>\n<p>Tesla Inc Chief Executive Officer Elon Musk is \"thinking of\" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.</p>\n<p>\"thinking of quitting my jobs & becoming an influencer full-time wdyt,\" Musk said in the tweet, without elaborating.</p>\n<p>It was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.</p>\n<p>Musk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for \"several years\".</p>\n<p>\"It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days a week. Pretty intense.\"</p>\n<p>Last month, he asked his followers on Twitter whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion since.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1116553400","content_text":"Tesla shares dropped 1% in premarket trading after Musk sold Tesla shares worth $963.2 million and Musk said he was 'thinking of' quitting his jobs.\n\nTesla Inc Chief Executive Officer Elon Musk has sold another 934,091 shares of the electric vehicle maker worth $963.2 million, U.S. securities filings showed on Thursday.\nHe also exercised stock options to buy 2.17 million shares of Tesla, according to the filings.\nTesla Inc Chief Executive Officer Elon Musk is \"thinking of\" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.\n\"thinking of quitting my jobs & becoming an influencer full-time wdyt,\" Musk said in the tweet, without elaborating.\nIt was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.\nMusk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for \"several years\".\n\"It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days a week. Pretty intense.\"\nLast month, he asked his followers on Twitter whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion since.","news_type":1},"isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872120798,"gmtCreate":1637460284910,"gmtModify":1637460285007,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"So...what does it means ","listText":"So...what does it means ","text":"So...what does it means","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/872120798","repostId":"2184910828","repostType":4,"repost":{"id":"2184910828","kind":"news","pubTimestamp":1637459568,"share":"https://www.laohu8.com/m/news/2184910828?lang=&edition=full","pubTime":"2021-11-21 09:52","market":"us","language":"en","title":"Activision Blizzard CEO's duty to disclose sexual misconduct claims falls into legal 'gray area,' expert says","url":"https://stock-news.laohu8.com/highlight/detail?id=2184910828","media":"Yahoo Finance","summary":"On Wednesday, a group of Activision Blizzard (ATVI) shareholders joined a chorus seeking to oust lon","content":"<p>On Wednesday, a group of Activision Blizzard (ATVI) shareholders joined a chorus seeking to oust longtime CEO Bobby Kotick after The Wall Street Journal reported that he knew of sexual harassment and rape claims at the gaming giant but failed to report some of them to the board.</p>\n<p>The outcry has raised questions about Kotick's duty to disclose what he knew about sexual misconduct allegations within the video gaming company. Frustrations over the matter have been escalating since August when California's Department of Fair Employment and Housing sued Activision, alleging that female employees were subjected to sexual harassment and unequal pay.</p>\n<p>“Generally, the CEO, CFO, anyone at that level, does have a fiduciary responsibility, if something comes to their attention — whether it's embezzlement or sexual harassment, or whatever it might be — to inform the board,” Jeffrey Cramer, senior managing director at Guidepost Solutions, and former federal prosecutor, told Yahoo Finance.</p>\n<p>The Journal reported Monday that Kotick, who's also a board member, knew but failed to tell the rest of the board about the alleged rape of a female employee of Activision’s subsidiary, Sledgehammer Games, by her male supervisor. Internal documents, the Journal's report states, show Kotick held back the extent of what he knew about complaints “of employee misconduct in many parts of the company.”</p>\n<p>The rape complaint, which was reportedly settled out of court without alerting the board, adds to federal regulatory investigations into the company's handling of misconduct.</p>\n<p>On Tuesday, Activision's board released a statement in support of Kotick. \"The Board remains confident that Bobby Kotick appropriately addressed workplace issues brought to his attention,\" the statement read.</p>\n<p>At this stage, Cramer says, it’s not surprising that the board is maintaining public support for Kotick. Typically, the directors call for an independent investigation to find out who knew what, when, he says.</p>\n<p>“The board will do a thorough review, and then once the board has more information,\" Cramer said, \"that position might change.\"</p>\n<h2>'The standards are shifting'</h2>\n<p>Corporate law and governance experts say it's not just Kotick who can face scrutiny about who knew what, and when. It's unclear, he said, whether Kotick and the other board members could be legally liable for failing to alert shareholders and the board about alleged sexual misconduct. That's because of shifting expectations in the post #MeToo world, Douglas Chia a senior fellow at Rutgers Law School’s Center for Corporate Law and Governance, tells Yahoo Finance. Few courts, he says, have evaluated how fiduciary laws govern obligations of public company executives to disclose claims of sexual misconduct.</p>\n<p>“In today's environment, the standards are shifting, and there's more of an expectation that the investors want to know more earlier,” Chia says. “... There's nothing that really says what's legally required.”</p>\n<p>The current legal landscape is “a very gray area” that likely invokes state corporate laws and federal securities laws that can pressure both the board and Kotick, according to Case Western Reserve University School of Law associate professor Anat Alon-Beck.</p>\n<p>“I put it on the board, not just on the CEO,” Alon-Beck adds. “It’s a very delicate situation because the CEOs have obligations under securities laws to report on material events. I think today, after the #MeToo movement, this is a big deal.”</p>\n<p>In Delaware, where Activision Blizzard is incorporated, state corporate laws make CEOs such as Kotick, as well as board members, fiduciaries to the corporation, Alon-Beck explains. The role requires them to exercise duties of care and loyalty to shareholders and makes them liable for breaching those duties.</p>\n<p>Under federal securities laws, liability can arise if a “material” disclosure is omitted — though “materiality” has no clear and consistent definition, Chia said.</p>\n<p>“You could have a claim that the CEO and or the board breached their duty of care because they failed to monitor what was going on at the company, from a compliance point of view on sexual misconduct,” Chia says.</p>\n<p>In August, shareholders filed <a href=\"https://laohu8.com/S/AONE.U\">one</a> such suit, claiming Activision failed to inform investors that California’s Department of Fair Housing and Employment had been looking into claims of discrimination and sexual harassment, prior to the agency's lawsuit filed that month.</p>\n<p>Still, requiring a CEO of a large public company to report each and every instance of misconduct to the board is not likely a standard a court would impose, Chia said. However, he added, major allegations such as rape, and patterns of sexual misconduct claims, should indeed go that far up the chain of command.</p>\n<p>For Alton-Beck, reporting significant events just to the board isn’t far enough as a strategy to protect against modern legal claims. Shareholders, she suspects, are going to have to be part of the equation.</p>\n<p>Delaware state law requires board members to exercise oversight to avoid potential illegal conduct, she explains. In turn, the board should ensure that systems are in place within the company to help prevent illegal sexual misconduct and to learn about and investigate them, if they occur.</p>\n<p>“If the court finds that [Activision] breached the duty of loyalty because they didn't exercise oversight, then they need to answer for the harm that they caused the corporation,” she says. “To me, it's a clear-cut case that there's a violation of duty of loyalty here, if they failed to put a system in place.”</p>\n<p>Yahoo Finance contacted Activision Blizzard to obtain information about its oversight policies but did not receive a comment before publication.</p>\n<p>Shares of Activision Blizzard (ATVI) were trading at $62.50 at market close on Friday, approximately 60% down from their 52-week high of $104.53.</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>Activision Blizzard CEO's duty to disclose sexual misconduct claims falls into legal 'gray area,' expert 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\">\nActivision Blizzard CEO's duty to disclose sexual misconduct claims falls into legal 'gray area,' expert says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-21 09:52 GMT+8 <a href=https://finance.yahoo.com/news/activision-blizzard-ceo-duty-to-disclose-sexual-misconduct-124230781.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On Wednesday, a group of Activision Blizzard (ATVI) shareholders joined a chorus seeking to oust longtime CEO Bobby Kotick after The Wall Street Journal reported that he knew of sexual harassment and ...</p>\n\n<a href=\"https://finance.yahoo.com/news/activision-blizzard-ceo-duty-to-disclose-sexual-misconduct-124230781.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4085":"互动家庭娱乐","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4524":"宅经济概念","BK4561":"索罗斯持仓","ATVI":"动视暴雪"},"source_url":"https://finance.yahoo.com/news/activision-blizzard-ceo-duty-to-disclose-sexual-misconduct-124230781.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2184910828","content_text":"On Wednesday, a group of Activision Blizzard (ATVI) shareholders joined a chorus seeking to oust longtime CEO Bobby Kotick after The Wall Street Journal reported that he knew of sexual harassment and rape claims at the gaming giant but failed to report some of them to the board.\nThe outcry has raised questions about Kotick's duty to disclose what he knew about sexual misconduct allegations within the video gaming company. Frustrations over the matter have been escalating since August when California's Department of Fair Employment and Housing sued Activision, alleging that female employees were subjected to sexual harassment and unequal pay.\n“Generally, the CEO, CFO, anyone at that level, does have a fiduciary responsibility, if something comes to their attention — whether it's embezzlement or sexual harassment, or whatever it might be — to inform the board,” Jeffrey Cramer, senior managing director at Guidepost Solutions, and former federal prosecutor, told Yahoo Finance.\nThe Journal reported Monday that Kotick, who's also a board member, knew but failed to tell the rest of the board about the alleged rape of a female employee of Activision’s subsidiary, Sledgehammer Games, by her male supervisor. Internal documents, the Journal's report states, show Kotick held back the extent of what he knew about complaints “of employee misconduct in many parts of the company.”\nThe rape complaint, which was reportedly settled out of court without alerting the board, adds to federal regulatory investigations into the company's handling of misconduct.\nOn Tuesday, Activision's board released a statement in support of Kotick. \"The Board remains confident that Bobby Kotick appropriately addressed workplace issues brought to his attention,\" the statement read.\nAt this stage, Cramer says, it’s not surprising that the board is maintaining public support for Kotick. Typically, the directors call for an independent investigation to find out who knew what, when, he says.\n“The board will do a thorough review, and then once the board has more information,\" Cramer said, \"that position might change.\"\n'The standards are shifting'\nCorporate law and governance experts say it's not just Kotick who can face scrutiny about who knew what, and when. It's unclear, he said, whether Kotick and the other board members could be legally liable for failing to alert shareholders and the board about alleged sexual misconduct. That's because of shifting expectations in the post #MeToo world, Douglas Chia a senior fellow at Rutgers Law School’s Center for Corporate Law and Governance, tells Yahoo Finance. Few courts, he says, have evaluated how fiduciary laws govern obligations of public company executives to disclose claims of sexual misconduct.\n“In today's environment, the standards are shifting, and there's more of an expectation that the investors want to know more earlier,” Chia says. “... There's nothing that really says what's legally required.”\nThe current legal landscape is “a very gray area” that likely invokes state corporate laws and federal securities laws that can pressure both the board and Kotick, according to Case Western Reserve University School of Law associate professor Anat Alon-Beck.\n“I put it on the board, not just on the CEO,” Alon-Beck adds. “It’s a very delicate situation because the CEOs have obligations under securities laws to report on material events. I think today, after the #MeToo movement, this is a big deal.”\nIn Delaware, where Activision Blizzard is incorporated, state corporate laws make CEOs such as Kotick, as well as board members, fiduciaries to the corporation, Alon-Beck explains. The role requires them to exercise duties of care and loyalty to shareholders and makes them liable for breaching those duties.\nUnder federal securities laws, liability can arise if a “material” disclosure is omitted — though “materiality” has no clear and consistent definition, Chia said.\n“You could have a claim that the CEO and or the board breached their duty of care because they failed to monitor what was going on at the company, from a compliance point of view on sexual misconduct,” Chia says.\nIn August, shareholders filed one such suit, claiming Activision failed to inform investors that California’s Department of Fair Housing and Employment had been looking into claims of discrimination and sexual harassment, prior to the agency's lawsuit filed that month.\nStill, requiring a CEO of a large public company to report each and every instance of misconduct to the board is not likely a standard a court would impose, Chia said. However, he added, major allegations such as rape, and patterns of sexual misconduct claims, should indeed go that far up the chain of command.\nFor Alton-Beck, reporting significant events just to the board isn’t far enough as a strategy to protect against modern legal claims. Shareholders, she suspects, are going to have to be part of the equation.\nDelaware state law requires board members to exercise oversight to avoid potential illegal conduct, she explains. In turn, the board should ensure that systems are in place within the company to help prevent illegal sexual misconduct and to learn about and investigate them, if they occur.\n“If the court finds that [Activision] breached the duty of loyalty because they didn't exercise oversight, then they need to answer for the harm that they caused the corporation,” she says. “To me, it's a clear-cut case that there's a violation of duty of loyalty here, if they failed to put a system in place.”\nYahoo Finance contacted Activision Blizzard to obtain information about its oversight policies but did not receive a comment before publication.\nShares of Activision Blizzard (ATVI) were trading at $62.50 at market close on Friday, approximately 60% down from their 52-week high of 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it!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/840071561","repostId":"850756569","repostType":1,"repost":{"id":850756569,"gmtCreate":1634631211448,"gmtModify":1635853120757,"author":{"id":"36984908995200","authorId":"36984908995200","name":"小虎活动","avatar":"https://static.tigerbbs.com/9e396d03155923b283948d2dec9191f8","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"36984908995200","authorIdStr":"36984908995200"},"themes":[],"title":"[Halloween Game] Trade or Treat!","htmlText":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","listText":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 <a href=\"https://www.tigerbrokers.com.sg/activity/market/2021/halloween/?lang=en_US#/\" target=\"_blank\">Tap here to play the Halloween game, and you stand a chance to win various rewards! </a> Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","text":"Hello, dear Tigers! Happy Halloween! 🎃🎃🎃 Tap here to play the Halloween game, and you stand a chance to win various rewards! Promotion Period: October 27, 2021 18:00 - November 9, 2021 18:00 (SGT) 1. How to Participate? All Tiger clients may collect points which can be used to redeem rewards by taking part in the Trade or Treating Game. All existing Tiger clients will have 2 game attempts. Clients can get more game attempts by completing different tasks, such as 'Invite a friend' or 'Share Halloween Game'. 2. How to collect points? Each player has 30 seconds to catch falling candies while av","images":[],"top":1,"highlighted":2,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850756569","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857753269,"gmtCreate":1635562844705,"gmtModify":1635562886307,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>[难过] [难过] ","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global 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[捂脸]","images":[{"img":"https://static.tigerbbs.com/f45254e5a3f1d17968c35bd344bafed0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/827057733","isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":176669506,"gmtCreate":1626880404205,"gmtModify":1631892564122,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"To the moon??","listText":"To the moon??","text":"To the moon??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/176669506","repostId":"1109551881","repostType":4,"repost":{"id":"1109551881","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626878219,"share":"https://www.laohu8.com/m/news/1109551881?lang=&edition=full","pubTime":"2021-07-21 22:36","market":"us","language":"en","title":"AMC Smokes Shorts Again: What's Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109551881","media":"Benzinga","summary":"AMC Entertainment Holding Inc(NYSE:AMC) shot up 24.47% Tuesday amid returned interest in reopening s","content":"<p><b>AMC Entertainment Holding Inc</b>(NYSE:AMC) shot up 24.47% Tuesday amid returned interest in reopening stocks. The company also announced on Monday evening it hadmade a dealto reopen the Grove Theatre and The Americana at Brand Theatre in the Los Angeles area in August under the AMC Brand. The two theatres were formerly leased by Pacific Theatres and are two of the highest-grossing theatres in Los Angeles.</p>\n<p>Although presently not the toptrendingstock on r/WallStreetBets, AMC was still the 10th most mentioned stock on Tuesday. The subreddit often targets stocks with unusual characteristics such as bizarre levels of ownership and high short interest. AMC’s underlying statistics have been improving over the last few months, however, and of the company’s 448.74 million share float 75.48 million shares are held short; this is down from 102.3 million in May.</p>\n<p>Despite short interest decreasing, AMC is still volatile and able to make big swings.</p>\n<p><b>The AMC Chart:</b>On Monday, during a big bear day in the general markets, AMC put in a bottom at $31.15 and managed to print a bullish hammer candlestick indicating higher prices would come on Tuesday. AMC then printed a bullish Marubozu candlestick on Tuesday. This Marubozu candle has a very small upper wick, indicating AMC had buyers at every price level it traded at intraday.</p>\n<p>AMC broke into a downtrend on July 1 and made a series of lower highs and lower lows until Tuesday when the price closed at $43.08, above its lower high of $37.73, which indicates a bullish trend change. Bulls won’t want the stock to drop below $31.15 for the trend to be confirmed.</p>\n<p><img src=\"https://static.tigerbbs.com/61ba2be17dcfd5bd5f6a00ab4398a5a6\" tg-width=\"651\" tg-height=\"256\" width=\"100%\" height=\"auto\">AMC was able to recapture the eight-day exponential moving average (EMA) as support but rejected, and wicked from, the 21-day EMA. Bulls will want to see AMC regain support of the level in the near term. AMC is trading well above the 200-day simple moving average, indicating overall sentiment in the stock remains bullish.</p>\n<p><img src=\"https://static.tigerbbs.com/afbe29a91b623abe465464f45c8889b6\" tg-width=\"1366\" tg-height=\"768\" width=\"100%\" height=\"auto\">Bulls want to see continued bullish volume push AMC over the 21-day EMA and up towards the $47.91 area. If it can regain the level as support, it could trade up toward $52.97.</p>\n<p>Bears want to see AMC’s stock continue to reject the 21-day EMA and for it to drop down and lose support of the eight-day EMA which aligns with a support level at $39.71. If the stock were to lose the level, it could fall toward the $31.81 mark.</p>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment traded up 4.2% to $44.78 at publication time.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Smokes Shorts Again: What's Next?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Smokes Shorts Again: What's Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 22:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>AMC Entertainment Holding Inc</b>(NYSE:AMC) shot up 24.47% Tuesday amid returned interest in reopening stocks. The company also announced on Monday evening it hadmade a dealto reopen the Grove Theatre and The Americana at Brand Theatre in the Los Angeles area in August under the AMC Brand. The two theatres were formerly leased by Pacific Theatres and are two of the highest-grossing theatres in Los Angeles.</p>\n<p>Although presently not the toptrendingstock on r/WallStreetBets, AMC was still the 10th most mentioned stock on Tuesday. The subreddit often targets stocks with unusual characteristics such as bizarre levels of ownership and high short interest. AMC’s underlying statistics have been improving over the last few months, however, and of the company’s 448.74 million share float 75.48 million shares are held short; this is down from 102.3 million in May.</p>\n<p>Despite short interest decreasing, AMC is still volatile and able to make big swings.</p>\n<p><b>The AMC Chart:</b>On Monday, during a big bear day in the general markets, AMC put in a bottom at $31.15 and managed to print a bullish hammer candlestick indicating higher prices would come on Tuesday. AMC then printed a bullish Marubozu candlestick on Tuesday. This Marubozu candle has a very small upper wick, indicating AMC had buyers at every price level it traded at intraday.</p>\n<p>AMC broke into a downtrend on July 1 and made a series of lower highs and lower lows until Tuesday when the price closed at $43.08, above its lower high of $37.73, which indicates a bullish trend change. Bulls won’t want the stock to drop below $31.15 for the trend to be confirmed.</p>\n<p><img src=\"https://static.tigerbbs.com/61ba2be17dcfd5bd5f6a00ab4398a5a6\" tg-width=\"651\" tg-height=\"256\" width=\"100%\" height=\"auto\">AMC was able to recapture the eight-day exponential moving average (EMA) as support but rejected, and wicked from, the 21-day EMA. Bulls will want to see AMC regain support of the level in the near term. AMC is trading well above the 200-day simple moving average, indicating overall sentiment in the stock remains bullish.</p>\n<p><img src=\"https://static.tigerbbs.com/afbe29a91b623abe465464f45c8889b6\" tg-width=\"1366\" tg-height=\"768\" width=\"100%\" height=\"auto\">Bulls want to see continued bullish volume push AMC over the 21-day EMA and up towards the $47.91 area. If it can regain the level as support, it could trade up toward $52.97.</p>\n<p>Bears want to see AMC’s stock continue to reject the 21-day EMA and for it to drop down and lose support of the eight-day EMA which aligns with a support level at $39.71. If the stock were to lose the level, it could fall toward the $31.81 mark.</p>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment traded up 4.2% to $44.78 at publication time.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109551881","content_text":"AMC Entertainment Holding Inc(NYSE:AMC) shot up 24.47% Tuesday amid returned interest in reopening stocks. The company also announced on Monday evening it hadmade a dealto reopen the Grove Theatre and The Americana at Brand Theatre in the Los Angeles area in August under the AMC Brand. The two theatres were formerly leased by Pacific Theatres and are two of the highest-grossing theatres in Los Angeles.\nAlthough presently not the toptrendingstock on r/WallStreetBets, AMC was still the 10th most mentioned stock on Tuesday. The subreddit often targets stocks with unusual characteristics such as bizarre levels of ownership and high short interest. AMC’s underlying statistics have been improving over the last few months, however, and of the company’s 448.74 million share float 75.48 million shares are held short; this is down from 102.3 million in May.\nDespite short interest decreasing, AMC is still volatile and able to make big swings.\nThe AMC Chart:On Monday, during a big bear day in the general markets, AMC put in a bottom at $31.15 and managed to print a bullish hammer candlestick indicating higher prices would come on Tuesday. AMC then printed a bullish Marubozu candlestick on Tuesday. This Marubozu candle has a very small upper wick, indicating AMC had buyers at every price level it traded at intraday.\nAMC broke into a downtrend on July 1 and made a series of lower highs and lower lows until Tuesday when the price closed at $43.08, above its lower high of $37.73, which indicates a bullish trend change. Bulls won’t want the stock to drop below $31.15 for the trend to be confirmed.\nAMC was able to recapture the eight-day exponential moving average (EMA) as support but rejected, and wicked from, the 21-day EMA. Bulls will want to see AMC regain support of the level in the near term. AMC is trading well above the 200-day simple moving average, indicating overall sentiment in the stock remains bullish.\nBulls want to see continued bullish volume push AMC over the 21-day EMA and up towards the $47.91 area. If it can regain the level as support, it could trade up toward $52.97.\nBears want to see AMC’s stock continue to reject the 21-day EMA and for it to drop down and lose support of the eight-day EMA which aligns with a support level at $39.71. If the stock were to lose the level, it could fall toward the $31.81 mark.\nAMC Price Action:Shares of AMC Entertainment traded up 4.2% to $44.78 at publication time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":19,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109726320,"gmtCreate":1619734249460,"gmtModify":1634210429325,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Waiting for it to pop!","listText":"Waiting for it to pop!","text":"Waiting for it to pop!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/109726320","repostId":"1183966356","repostType":4,"repost":{"id":"1183966356","kind":"news","pubTimestamp":1619665696,"share":"https://www.laohu8.com/m/news/1183966356?lang=&edition=full","pubTime":"2021-04-29 11:08","market":"us","language":"en","title":"NIO Q1 2021 Earnings Report Preview: What to Look For","url":"https://stock-news.laohu8.com/highlight/detail?id=1183966356","media":"InvestoPedia","summary":"Analysts estimate earnings per ADS of -0.72 yuan vs. -1.66 yuan in Q1 FY 2020.Revenue is expected to soar on expanding vehicle sales.NIO Inc. , like many other automakers, was forced to halt production this year due to the global semiconductor shortage. Semiconductor chips, widely used in smartphones, computers, and other electronic devices, are especially important to NIO, a maker of premium electric vehicles . NIO's production stoppage in late March had little impact on the company's record ve","content":"<p>Focus on NIO vehicle deliveries</p>\n<p><b>KEY TAKEAWAYS</b></p>\n<ul>\n <li>Analysts estimate earnings per ADS of -0.72 yuan vs. -1.66 yuan in Q1 FY 2020.</li>\n <li>Vehicle deliveries, already announced, rose dramatically YOY.</li>\n <li>Revenue is expected to soar on expanding vehicle sales.</li>\n</ul>\n<p>NIO Inc. (NIO), like many other automakers, was forced to halt production this year due to the global semiconductor shortage. Semiconductor chips, widely used in smartphones, computers, and other electronic devices, are especially important to NIO, a maker of premium electric vehicles (EVs). NIO's production stoppage in late March had little impact on the company's record vehicle deliveries in Q1, but it could affect future production numbers.</p>\n<p>Investors will focus on how these forces affect NIO's immediate results, as well as its financial outlook, when the company reports earnings on April 29, 2021 for Q1 FY 2021.Analysts are expecting the company's loss per American depositary share (ADS) to narrow significantly as revenue expands at a rapid pace.</p>\n<p>Vehicle deliveries are another key metric investors watch in order to gauge the company's productive capacity. NIO already reported vehicle deliveries for the first quarter earlier this month, achieving a new quarterly record despite total deliveries coming in slightly below expectations.</p>\n<p>Shares of NIO have dramatically outperformed the broader market over the past year. But after reaching all-time highs earlier this year, the stock has fallen considerably and has been trading mostly sideways since early March. NIO's shares have provided investors with an astronomic total return of 1,171.9% over the past year, well above the S&P 500's total return of 45.5%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a11e1a915810ccbc7f07ec2adf16865b\" tg-width=\"3004\" tg-height=\"1798\"><span>Source: TradingView.</span></p>\n<p><b>NIO Earnings History</b></p>\n<p>The stock, which had been gathering downward momentum after peaking around mid-February, plunged following NIO's Q4 FY 2020 earnings report released at the beginning of March. The company reported a much larger loss per ADS than analysts expected and revenue also missed estimates. However, NIO's loss narrowed considerably compared to the year-ago quarter and revenue was still up 133.2%.The company was optimistic about its performance, noting that its gross margin rose to 17.2% compared to negative 8.9% in the year-ago quarter.</p>\n<p>In Q3 FY 2020, NIO posted a loss per ADS of 0.98 yuan ($0.15 as of the CNY/USD exchange rate on April 27, 2021).It was the smallest loss in at least 11 quarters. Revenue rose 146.4%, maintaining the pace of growth achieved in the second quarter.NIO said it delivered a record number of vehicles and saw improvements in its average selling price. The company also said that it was the second straight quarter of positive cash flow from operating activities.</p>\n<p>Analysts expect continued improvement in NIO's financial results in Q1 FY 2021. While NIO is still expected to post another loss per ADS, it is estimated to be the lowest in at least 14 quarters. Revenue for the quarter is forecast to rise 446.1%, which would be the fastest pace since Q2 FY 2019. For full-year FY 2021, analysts are currently expecting NIO to achieve a loss of 2.72 yuan per ADS, which would be the smallest loss in at least five years. Revenue is expected to rise 109.7%, a faster pace than in each of the last two years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d412a9c0aea28621f713f5afbfba444c\" tg-width=\"885\" tg-height=\"352\"><span>Source: Visible Alpha; NIO Inc.</span></p>\n<p><b>The Key Metric</b></p>\n<p>As mentioned above, investors are also watching the number of vehicles NIO delivers each quarter. NIO generates some revenue from various services it provides, but the majority of revenue is derived from vehicle sales.Currently, the company makes deliveries of three types of vehicles: the ES8, the company's 6-seater and 7-seater flagship premium smart electric SUV; the ES6, the company’s 5-seater high-performance premium smart electric SUV; and the EC6, the company’s 5-seater premium electric coupe SUV.The number of vehicle deliveries provides an indication of the demand for NIO's vehicles as well as the company's ability to scale production.</p>\n<p>NIO has significantly ramped up its production over the past few years. The company delivered 11,350 vehicles in FY 2018. In FY 2020, it had nearly quadrupled that figure, delivering 43,730 vehicles. Despite a slowdown in Q1 FY 2020 amid the COVID-19 pandemic, NIO quickly made up for the Q1 drop in deliveries with a 190.8% year-over-year increase in Q2 FY 2020. Total vehicle delivery growth decelerated to 154.3% in Q3 and then to 111.0% in Q4. However, vehicle deliveries rose 423.0% in Q1 FY 2021, hitting a new quarterly record, as mentioned above. For full-year FY 2021, analysts are forecasting NIO to deliver 88,280 vehicles, which would be more than double last year's total deliveries. However, NIO warned investors in early March that the global chip shortage is likely to cut its production capacity, at least in the second quarter.</p>","source":"lsy1606203311635","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>NIO Q1 2021 Earnings Report Preview: What to Look For</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\">\nNIO Q1 2021 Earnings Report Preview: What to Look For\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 11:08 GMT+8 <a href=https://www.investopedia.com/nio-q1-2021-earnings-report-preview-5180991><strong>InvestoPedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Focus on NIO vehicle deliveries\nKEY TAKEAWAYS\n\nAnalysts estimate earnings per ADS of -0.72 yuan vs. -1.66 yuan in Q1 FY 2020.\nVehicle deliveries, already announced, rose dramatically YOY.\nRevenue is ...</p>\n\n<a href=\"https://www.investopedia.com/nio-q1-2021-earnings-report-preview-5180991\">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://www.investopedia.com/nio-q1-2021-earnings-report-preview-5180991","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1183966356","content_text":"Focus on NIO vehicle deliveries\nKEY TAKEAWAYS\n\nAnalysts estimate earnings per ADS of -0.72 yuan vs. -1.66 yuan in Q1 FY 2020.\nVehicle deliveries, already announced, rose dramatically YOY.\nRevenue is expected to soar on expanding vehicle sales.\n\nNIO Inc. (NIO), like many other automakers, was forced to halt production this year due to the global semiconductor shortage. Semiconductor chips, widely used in smartphones, computers, and other electronic devices, are especially important to NIO, a maker of premium electric vehicles (EVs). NIO's production stoppage in late March had little impact on the company's record vehicle deliveries in Q1, but it could affect future production numbers.\nInvestors will focus on how these forces affect NIO's immediate results, as well as its financial outlook, when the company reports earnings on April 29, 2021 for Q1 FY 2021.Analysts are expecting the company's loss per American depositary share (ADS) to narrow significantly as revenue expands at a rapid pace.\nVehicle deliveries are another key metric investors watch in order to gauge the company's productive capacity. NIO already reported vehicle deliveries for the first quarter earlier this month, achieving a new quarterly record despite total deliveries coming in slightly below expectations.\nShares of NIO have dramatically outperformed the broader market over the past year. But after reaching all-time highs earlier this year, the stock has fallen considerably and has been trading mostly sideways since early March. NIO's shares have provided investors with an astronomic total return of 1,171.9% over the past year, well above the S&P 500's total return of 45.5%.\nSource: TradingView.\nNIO Earnings History\nThe stock, which had been gathering downward momentum after peaking around mid-February, plunged following NIO's Q4 FY 2020 earnings report released at the beginning of March. The company reported a much larger loss per ADS than analysts expected and revenue also missed estimates. However, NIO's loss narrowed considerably compared to the year-ago quarter and revenue was still up 133.2%.The company was optimistic about its performance, noting that its gross margin rose to 17.2% compared to negative 8.9% in the year-ago quarter.\nIn Q3 FY 2020, NIO posted a loss per ADS of 0.98 yuan ($0.15 as of the CNY/USD exchange rate on April 27, 2021).It was the smallest loss in at least 11 quarters. Revenue rose 146.4%, maintaining the pace of growth achieved in the second quarter.NIO said it delivered a record number of vehicles and saw improvements in its average selling price. The company also said that it was the second straight quarter of positive cash flow from operating activities.\nAnalysts expect continued improvement in NIO's financial results in Q1 FY 2021. While NIO is still expected to post another loss per ADS, it is estimated to be the lowest in at least 14 quarters. Revenue for the quarter is forecast to rise 446.1%, which would be the fastest pace since Q2 FY 2019. For full-year FY 2021, analysts are currently expecting NIO to achieve a loss of 2.72 yuan per ADS, which would be the smallest loss in at least five years. Revenue is expected to rise 109.7%, a faster pace than in each of the last two years.\nSource: Visible Alpha; NIO Inc.\nThe Key Metric\nAs mentioned above, investors are also watching the number of vehicles NIO delivers each quarter. NIO generates some revenue from various services it provides, but the majority of revenue is derived from vehicle sales.Currently, the company makes deliveries of three types of vehicles: the ES8, the company's 6-seater and 7-seater flagship premium smart electric SUV; the ES6, the company’s 5-seater high-performance premium smart electric SUV; and the EC6, the company’s 5-seater premium electric coupe SUV.The number of vehicle deliveries provides an indication of the demand for NIO's vehicles as well as the company's ability to scale production.\nNIO has significantly ramped up its production over the past few years. The company delivered 11,350 vehicles in FY 2018. In FY 2020, it had nearly quadrupled that figure, delivering 43,730 vehicles. Despite a slowdown in Q1 FY 2020 amid the COVID-19 pandemic, NIO quickly made up for the Q1 drop in deliveries with a 190.8% year-over-year increase in Q2 FY 2020. Total vehicle delivery growth decelerated to 154.3% in Q3 and then to 111.0% in Q4. However, vehicle deliveries rose 423.0% in Q1 FY 2021, hitting a new quarterly record, as mentioned above. For full-year FY 2021, analysts are forecasting NIO to deliver 88,280 vehicles, which would be more than double last year's total deliveries. However, NIO warned investors in early March that the global chip shortage is likely to cut its production capacity, at least in the second quarter.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898712190,"gmtCreate":1628521566210,"gmtModify":1631890875776,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"What's has apple done. ","listText":"What's has apple done. ","text":"What's has apple done.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/898712190","repostId":"2158744241","repostType":4,"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803926055,"gmtCreate":1627402539077,"gmtModify":1631883880591,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>Can someone keep my company tonight? T.T","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>Can someone keep my company tonight? T.T","text":"$Huya Inc.(HUYA)$Can someone keep my company tonight? T.T","images":[{"img":"https://static.tigerbbs.com/8b3c202bd8906f5b02bcf036482d8d83","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/803926055","isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":888045868,"gmtCreate":1631417033254,"gmtModify":1631888513303,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BZUN\">$Baozun(BZUN)$</a>what should I do???","listText":"<a href=\"https://laohu8.com/S/BZUN\">$Baozun(BZUN)$</a>what should I do???","text":"$Baozun(BZUN)$what should I do???","images":[{"img":"https://static.tigerbbs.com/29b84ff65bf34e8c032c1f6e0321c471","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/888045868","isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":800435324,"gmtCreate":1627311525168,"gmtModify":1631883880615,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>worst performing stock","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>worst performing stock","text":"$Huya Inc.(HUYA)$worst performing stock","images":[{"img":"https://static.tigerbbs.com/bbdae431605cb20f83f52d244a33da9f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/800435324","isVote":1,"tweetType":1,"viewCount":359,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":141714168,"gmtCreate":1625891558054,"gmtModify":1633936305567,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"What about companies that are already listed?","listText":"What about companies that are already listed?","text":"What about companies that are already listed?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/141714168","repostId":"2150306047","repostType":4,"isVote":1,"tweetType":1,"viewCount":18,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165830519,"gmtCreate":1624113863231,"gmtModify":1634010586735,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Diamon hands 🙌🏻","listText":"Diamon hands 🙌🏻","text":"Diamon hands 🙌🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/165830519","repostId":"1166679093","repostType":4,"repost":{"id":"1166679093","kind":"news","pubTimestamp":1624065234,"share":"https://www.laohu8.com/m/news/1166679093?lang=&edition=full","pubTime":"2021-06-19 09:13","market":"us","language":"en","title":"3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%","url":"https://stock-news.laohu8.com/highlight/detail?id=1166679093","media":"fool","summary":"Meme stocks have been all the rage so far this year. That's understandable, with several of them del","content":"<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.</p>\n<p>However, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.</p>\n<p>AMC Entertainment</p>\n<p><b>AMC Entertainment</b>(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.</p>\n<p>The consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.</p>\n<p>But isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.</p>\n<p>However, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.</p>\n<p>Clover Health Investments</p>\n<p>Only a few days ago, it looked like <b>Clover Health Investments</b>(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.</p>\n<p>Since the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.</p>\n<p>Clover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.</p>\n<p>Still, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.</p>\n<p>Sundial Growers</p>\n<p>At one point earlier this year, <b>Sundial Growers</b>(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.</p>\n<p>Analysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.</p>\n<p>There certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.</p>\n<p>Sundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.</p>\n<p>However, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the <b>Nasdaq</b> stock exchange.</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>3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Meme Stocks Wall Street Predicts Will Plunge More Than 20%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:13 GMT+8 <a href=https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/><strong>fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc.","AMC":"AMC院线","CLOV":"Clover Health Corp"},"source_url":"https://www.fool.com/investing/2021/06/18/3-meme-stocks-wall-street-predicts-will-plunge-mor/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166679093","content_text":"Meme stocks have been all the rage so far this year. That's understandable, with several of them delivering triple-digit and even four-digit percentage gains.\nHowever, what goes up can come down. Analysts don't expect the online frenzy fueling the ginormous jumps for some of the most popular stocks will be sustainable. Here are three meme stocks that Wall Street thinks will plunge by more than 20% within the next 12 months.\nAMC Entertainment\nAMC Entertainment(NYSE:AMC)ranks as the best-performing meme stock of all. Shares of the movie theater operator have skyrocketed close to 2,500% year to date.\nThe consensus among analysts, though, is that the stock could lose 90% of its current value. Even the most optimistic analyst surveyed by Refinitiv has a price target for AMC that's more than 70% below the current share price.\nBut isn't AMC's business picking up? Yep. The easing of restrictions has enabled the company to reopen 99% of its U.S. theaters. AMC could benefit as seating capacity limitations imposed by state and local governments are raised. Thereleases of multiple movies this summerand later this year that are likely to be hits should also help.\nHowever, Wall Street clearly believes that AMC's share price has gotten way ahead of its business prospects. The stock is trading at nearly eight times higher than it was before the COVID-19 pandemic.\nClover Health Investments\nOnly a few days ago, it looked like Clover Health Investments(NASDAQ:CLOV)might push AMC to the side as the hottest meme stock. Retail investors viewed Clover as a primeshort squeezecandidate.\nSince the beginning of June, shares of Clover Health have jumped more than 65%. Analysts, however, don't expect those gains to last. The average price target for the stock is 25% below the current share price.\nClover Health's valuation does seem to have gotten out of hand. The healthcare stock currently trades at more than 170 times trailing-12-month sales. That's a nosebleed level, especially considering that the company is the subject of investigations by the U.S. Department of Justice and the Securities and Exchange Commission.\nStill, Clover Health could deliver improving financial results this year. The company hopes to significantly increase its membership by targeting the original Medicare program. This represents a major new market opportunity in addition to its current Medicare Advantage business.\nSundial Growers\nAt one point earlier this year, Sundial Growers(NASDAQ:SNDL)appeared to be a legitimate contender to become the biggest winner among meme stocks. The Canadian marijuana stock vaulted more than 520% higher year to date before giving up much of its gains. However, Sundial's share price has still more than doubled in 2021.\nAnalysts anticipate that the pot stock could fall even further. The consensus price target for Sundial reflects a 23% discount to its current share price. One analyst even thinks the stock could sink 55%.\nThere certainly are reasons to be pessimistic about Sundial's core cannabis business. The company's net cannabis revenue fell year over year in the first quarter of 2021. Although Sundial is taking steps that it hopes will turn things around, it remains to be seen if those efforts will succeed.\nSundial's business deals could give investors reasons for optimism. After all, the company posted positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in Q1 due to its investments.\nHowever, the cash that Sundial is using to make these investments has come at the cost of increased dilution of its stock. The company can't afford any additional dilution without having to resort to desperate measures to keep its listing on the Nasdaq stock exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168672430,"gmtCreate":1623975199320,"gmtModify":1634025018956,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Me like!","listText":"Me like!","text":"Me like!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/168672430","repostId":"2144286417","repostType":4,"repost":{"id":"2144286417","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623970062,"share":"https://www.laohu8.com/m/news/2144286417?lang=&edition=full","pubTime":"2021-06-18 06:47","market":"us","language":"en","title":"Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P","url":"https://stock-news.laohu8.com/highlight/detail?id=2144286417","media":"Reuters","summary":"June 17 - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous d","content":"<p>June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.</p>\n<p>The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.</p>\n<p>Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.</p>\n<p>Fed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.</p>\n<p>\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.</p>\n<p>Technology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.</p>\n<p>Investors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.</p>\n<p>Meanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.</p>\n<p>The Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.</p>\n<p>The Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.</p>\n<p>Interest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.</p>\n<p>The strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.</p>\n<p>Other economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</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>Nasdaq closes up on tech stocks strength, as hawkish Fed limits S&P</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\">\nNasdaq closes up on tech stocks strength, as hawkish Fed limits S&P\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\">2021-06-18 06:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.</p>\n<p>The marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.</p>\n<p>Many investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.</p>\n<p>Fed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.</p>\n<p>\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.</p>\n<p>Technology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.</p>\n<p>Investors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.</p>\n<p>Meanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.</p>\n<p>The Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.</p>\n<p>The Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.</p>\n<p>Interest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.</p>\n<p>The strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.</p>\n<p>Other economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.</p>\n<p>Volume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.</p>\n<p>The S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","DDM":"道指两倍做多ETF","SQQQ":"纳指三倍做空ETF","DJX":"1/100道琼斯","09086":"华夏纳指-U","SDOW":"道指三倍做空ETF-ProShares","DOG":"道指反向ETF","QQQ":"纳指100ETF","QID":"纳指两倍做空ETF","AMZN":"亚马逊","TQQQ":"纳指三倍做多ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","AAPL":"苹果",".SPX":"S&P 500 Index","PSQ":"纳指反向ETF","MSFT":"微软","QLD":"纳指两倍做多ETF","DXD":"道指两倍做空ETF","UDOW":"道指三倍做多ETF-ProShares","NAB.AU":"NATIONAL AUSTRALIA BANK LTD","03086":"华夏纳指","QNETCN":"纳斯达克中美互联网老虎指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144286417","content_text":"June 17 (Reuters) - Conviction in the strength of the economic recovery pushed investors into U.S. technology stocks on Thursday, driving the Nasdaq higher, although a post-Fed hangover left a subdued S&P nursing a very minor loss.\nThe marginal decline was the S&P's third negative finish in a row, while the Dow - with a more pronounced drop - posted its fourth straight lower close.\nMany investors were still processing the Federal Reserve's unexpectedly hawkish message on monetary policy from the previous day, which projected the first post-pandemic interest rate hikes in 2023.\nFed officials cited an improved economic outlook as the U.S. economy recovers quickly from the pandemic, with overall growth expected to hit 7% this year. While careful not to derail the recovery - with no end in sight for supportive policy measures such as bond-buying - the rate-rise signal highlighted concerns about inflation.\n\"I think there was a scenario that people had in mind, that the Fed was going to allow for a larger and longer inflation overshoot, and I think with the increase in the dot plot yesterday... people are rethinking that scenario,\" said David Lefkowitz, head of equities for the Americas at UBS Global Wealth Management.\nTechnology shares, which generally perform better when interest rates are low, powered a rally on Wall Street last year as investors flocked to stocks seen as relatively safe during times of economic turmoil.\nInvestors returned to such positions on Thursday. Chipmaker Nvidia Corp jumped 4.8%, posting its fourth consecutive record close, after Jefferies raised its price target on the stock.\nMeanwhile, shares of Apple Inc, Microsoft Corp, Amazon.com Inc and Facebook Inc shook off premarket declines to advance between 1.3% and 2.2% as investors bet that a steady economic rebound would boost demand for their products in the long run.\nThe Nasdaq ended 13 points short of its record finish on Monday, but it was still the index's second-highest close ever.\nThe Dow Jones Industrial Average fell 210.22 points, or 0.62%, to 33,823.45, the S&P 500 lost 1.84 points, or 0.04%, to 4,221.86 and the Nasdaq Composite added 121.67 points, or 0.87%, to 14,161.35.\nInterest rate-sensitive bank stocks slumped 4.3% as longer-dated U.S. Treasury yields dropped.\nThe strengthening dollar, another by-product of the previous day's Fed news, pushed U.S. oil prices down from the multi-year high hit earlier in the week. The energy index, in turn, was off 3.5%, the biggest laggard among the 11 main S&P sectors.\nOther economically sensitive stocks, including materials and industrials, fell 2.2% and 1.6% respectively as data showed jobless claims rising last week for the first time in more than a month. Still, layoffs appeared to be easing amid a reopening economy and a shortage of people willing to work.\nVolume on U.S. exchanges was 11.77 billion shares, compared with the 10.67 billion average over the last 20 trading days.\nThe S&P 500 posted 23 new 52-week highs and 2 new lows; the Nasdaq Composite recorded 82 new highs and 37 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193821392,"gmtCreate":1620780353416,"gmtModify":1634196389495,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>doesnt look good :'(","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>doesnt look good :'(","text":"$Tesla Motors(TSLA)$doesnt look good :'(","images":[{"img":"https://static.tigerbbs.com/78fb821a5f6e09349412a5f52835ecd6","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/193821392","isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":176663490,"gmtCreate":1626880441410,"gmtModify":1631883880730,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>Sigh... Any advice? ","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>Sigh... Any advice? ","text":"$Huya Inc.(HUYA)$Sigh... Any advice?","images":[{"img":"https://static.tigerbbs.com/39df79702469f6e680d74c6ec4326c84","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/176663490","isVote":1,"tweetType":1,"viewCount":587,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":162627533,"gmtCreate":1624062385122,"gmtModify":1634023440315,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Niceee","listText":"Niceee","text":"Niceee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/162627533","repostId":"1192473918","repostType":4,"repost":{"id":"1192473918","kind":"news","pubTimestamp":1624029343,"share":"https://www.laohu8.com/m/news/1192473918?lang=&edition=full","pubTime":"2021-06-18 23:15","market":"us","language":"en","title":"PLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1192473918","media":"investorplace","summary":"Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Feder","content":"<p><b>Palantir Technologies</b>(NYSE:<b><u>PLTR</u></b>) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).</p>\n<p>The goal of this deal is toassist the FAA in modernizing its ” objectives for aviation safety.”This will have Palantir Technologies providing the agency with a data analyzing tool to help with that effort.</p>\n<p>According to a news release, this will have Palantir Technologies monitoring various safety aspects for the FAA. That includes reintegrating the 737 MAX fleet back into service after it was suspended due to fatal crashes.</p>\n<p>Palantir Technologies’ deal with the FAA is set to last for one year. However, there’s also the option to extend it by up to two years. The agreement has a maximum value of $18.4 million.</p>\n<p>Akash Jain, president of Palantir USG, said the following about the agreement with the FAA that should have PLTR stock gaining today.</p>\n<blockquote>\n “We are proud to be partnering with the Federal Aviation Administration to support their critical safety mission.”\n</blockquote>\n<p>The fact that PLTR stock is actually moving lower today despite this news is strange. The company’s shares did start off rising in early morning trading, but quickly fell back down to yesterday’s close before dipping even lower.</p>\n<p>It’s also worth noting that trading volume isn’t taking off on news of the FAA deal, either. As of this writing, more than 20 million shares of PLTR stock had changed hands. That’s still well below the company’s daily average trading volume of 57.8 million shares.</p>\n<p>PLTR stock was down 1.1% as of Friday morning.</p>","source":"lsy1606302653667","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>PLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today</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\">\nPLTR Stock: The Palantir-FAA Deal News Should Have Investors Smiling Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 23:15 GMT+8 <a href=https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).\nThe goal of this deal is toassist the FAA in modernizing its ” ...</p>\n\n<a href=\"https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2021/06/pltr-stock-the-palantir-faa-deal-news-should-have-investors-smiling-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192473918","content_text":"Palantir Technologies(NYSE:PLTR) stock is on the move Friday following news of a deal with the Federal Aviation Administration (FAA).\nThe goal of this deal is toassist the FAA in modernizing its ” objectives for aviation safety.”This will have Palantir Technologies providing the agency with a data analyzing tool to help with that effort.\nAccording to a news release, this will have Palantir Technologies monitoring various safety aspects for the FAA. That includes reintegrating the 737 MAX fleet back into service after it was suspended due to fatal crashes.\nPalantir Technologies’ deal with the FAA is set to last for one year. However, there’s also the option to extend it by up to two years. The agreement has a maximum value of $18.4 million.\nAkash Jain, president of Palantir USG, said the following about the agreement with the FAA that should have PLTR stock gaining today.\n\n “We are proud to be partnering with the Federal Aviation Administration to support their critical safety mission.”\n\nThe fact that PLTR stock is actually moving lower today despite this news is strange. The company’s shares did start off rising in early morning trading, but quickly fell back down to yesterday’s close before dipping even lower.\nIt’s also worth noting that trading volume isn’t taking off on news of the FAA deal, either. As of this writing, more than 20 million shares of PLTR stock had changed hands. That’s still well below the company’s daily average trading volume of 57.8 million shares.\nPLTR stock was down 1.1% as of Friday morning.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358627010,"gmtCreate":1616686584530,"gmtModify":1634524537247,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Cathie Wood's ARK Scoops Up 1.2M Shares of Palantir (PLTR), Enters SPAC JAWS Spitfire (SPFR)March 25, 2021 7:25 AMCathie Wood's ARK Investment active ETFs bought over 1.2 million shares of Palantir (NYSE: PLTR) on Wednesday, adding to its current position.","listText":"<a href=\"https://laohu8.com/S/PLTR\">$Palantir Technologies Inc.(PLTR)$</a>Cathie Wood's ARK Scoops Up 1.2M Shares of Palantir (PLTR), Enters SPAC JAWS Spitfire (SPFR)March 25, 2021 7:25 AMCathie Wood's ARK Investment active ETFs bought over 1.2 million shares of Palantir (NYSE: PLTR) on Wednesday, adding to its current position.","text":"$Palantir Technologies Inc.(PLTR)$Cathie Wood's ARK Scoops Up 1.2M Shares of Palantir (PLTR), Enters SPAC JAWS Spitfire (SPFR)March 25, 2021 7:25 AMCathie Wood's ARK Investment active ETFs bought over 1.2 million shares of Palantir (NYSE: PLTR) on Wednesday, adding to its current position.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358627010","isVote":1,"tweetType":1,"viewCount":705,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802728639,"gmtCreate":1627810816821,"gmtModify":1631884320069,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Hope Amazon dips further!","listText":"Hope Amazon dips further!","text":"Hope Amazon dips further!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802728639","repostId":"2155001152","repostType":4,"repost":{"id":"2155001152","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1627675228,"share":"https://www.laohu8.com/m/news/2155001152?lang=&edition=full","pubTime":"2021-07-31 04:00","market":"us","language":"en","title":"Wall Street declines with Amazon; S&P 500 posts gains for month","url":"https://stock-news.laohu8.com/highlight/detail?id=2155001152","media":"Reuters","summary":"U.S. consumer spending rises in June, inflation increases . NEW YORK, July 30 - U.S. stocks fell on Friday with Amazon.com shares declining after the company forecast lower sales growth, but the S&P 500 still posted a sixth straight month of gains.Amazon.com Inc shares sank after it reported late on Thursday revenue for the second quarter that was shy of analysts' average estimate and said sales growth would ease in the next few quarters as customers ventured more outside the home.Shares of oth","content":"<ul>\n <li>Pinterest sinks on stalled U.S. user growth</li>\n <li>U.S. consumer spending rises in June, inflation increases (Updates to close)</li>\n</ul>\n<p>NEW YORK, July 30 (Reuters) - U.S. stocks fell on Friday with Amazon.com shares declining after the company forecast lower sales growth, but the S&P 500 still posted a sixth straight month of gains.</p>\n<p>Amazon.com Inc shares sank after it reported late on Thursday revenue for the second quarter that was shy of analysts' average estimate and said sales growth would ease in the next few quarters as customers ventured more outside the home.</p>\n<p>Shares of other internet and tech giants that did well during the lockdowns of last year, including Google parent Alphabet Inc and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, were mostly lower.</p>\n<p>\"Overall earnings have been good. But Amazon ... and some of last year's winners are taking some of the air out of the market today,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. \"This market has been driven by big tech and when tech does well, the market seems to go right along with it, and when it doesn't,\" it falls.</p>\n<p>Data on Friday showed U.S. consumer spending rose more than expected in June, although annual inflation accelerated further above the Federal Reserve's 2% target.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 146.36 points, or 0.42%, to 34,938.17, the S&P 500 lost 23.58 points, or 0.53%, to 4,395.57 and the Nasdaq Composite dropped 101.51 points, or 0.69%, to 14,676.76.</p>\n<p>Strong earnings and the continued rebound in the U.S. economy have helped to support stocks this month, but the rapid spread of the Delta variant of the coronavirus and rising inflation have been concerns.</p>\n<p>\"There are still some distant jitters, whispers about the Delta variant, about cases rising, and I think some underlying worries about a slowdown of the reopenings and possible reversal,\" Dollarhide said.</p>\n<p>Also on the earnings front, Pampers maker Procter & Gamble Co rose as it forecast higher core earnings for this year, and U.S.-listed shares of Canada's <a href=\"https://laohu8.com/S/QSR\">Restaurant Brands International Inc</a> jumped after the Burger King owner beat estimates for quarterly profit.</p>\n<p>Pinterest Inc, however, plunged after saying U.S. user growth was decelerating as people who used the platform for crafts and DIY projects during the height of the pandemic were stepping out more.</p>\n<p>Caterpillar Inc shares also fell, even though the company posted a rise in second-quarter adjusted profit on the back of a recovery in global economic activity.</p>\n<p>Results on the quarter overall have been much stronger than expected, with about 89% of the reports beating analysts' estimates on earnings, according to IBES data from Refinitiv. Earnings are now expected to have climbed 89.8% in the second quarter versus forecasts of 65.4% at the start of July. (Reporting by Caroline Valetkevitch in New York Additional reporting by Sagarika Jaisinghani in Bengaluru Editing by Arun Koyyur and Matthew Lewis)</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>Wall Street declines with Amazon; S&P 500 posts gains for month</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\">\nWall Street declines with Amazon; S&P 500 posts gains for month\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\">2021-07-31 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Pinterest sinks on stalled U.S. user growth</li>\n <li>U.S. consumer spending rises in June, inflation increases (Updates to close)</li>\n</ul>\n<p>NEW YORK, July 30 (Reuters) - U.S. stocks fell on Friday with Amazon.com shares declining after the company forecast lower sales growth, but the S&P 500 still posted a sixth straight month of gains.</p>\n<p>Amazon.com Inc shares sank after it reported late on Thursday revenue for the second quarter that was shy of analysts' average estimate and said sales growth would ease in the next few quarters as customers ventured more outside the home.</p>\n<p>Shares of other internet and tech giants that did well during the lockdowns of last year, including Google parent Alphabet Inc and <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, were mostly lower.</p>\n<p>\"Overall earnings have been good. But Amazon ... and some of last year's winners are taking some of the air out of the market today,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. \"This market has been driven by big tech and when tech does well, the market seems to go right along with it, and when it doesn't,\" it falls.</p>\n<p>Data on Friday showed U.S. consumer spending rose more than expected in June, although annual inflation accelerated further above the Federal Reserve's 2% target.</p>\n<p>Unofficially, the Dow Jones Industrial Average fell 146.36 points, or 0.42%, to 34,938.17, the S&P 500 lost 23.58 points, or 0.53%, to 4,395.57 and the Nasdaq Composite dropped 101.51 points, or 0.69%, to 14,676.76.</p>\n<p>Strong earnings and the continued rebound in the U.S. economy have helped to support stocks this month, but the rapid spread of the Delta variant of the coronavirus and rising inflation have been concerns.</p>\n<p>\"There are still some distant jitters, whispers about the Delta variant, about cases rising, and I think some underlying worries about a slowdown of the reopenings and possible reversal,\" Dollarhide said.</p>\n<p>Also on the earnings front, Pampers maker Procter & Gamble Co rose as it forecast higher core earnings for this year, and U.S.-listed shares of Canada's <a href=\"https://laohu8.com/S/QSR\">Restaurant Brands International Inc</a> jumped after the Burger King owner beat estimates for quarterly profit.</p>\n<p>Pinterest Inc, however, plunged after saying U.S. user growth was decelerating as people who used the platform for crafts and DIY projects during the height of the pandemic were stepping out more.</p>\n<p>Caterpillar Inc shares also fell, even though the company posted a rise in second-quarter adjusted profit on the back of a recovery in global economic activity.</p>\n<p>Results on the quarter overall have been much stronger than expected, with about 89% of the reports beating analysts' estimates on earnings, according to IBES data from Refinitiv. Earnings are now expected to have climbed 89.8% in the second quarter versus forecasts of 65.4% at the start of July. (Reporting by Caroline Valetkevitch in New York Additional reporting by Sagarika Jaisinghani in Bengaluru Editing by Arun Koyyur and Matthew Lewis)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","OEX":"标普100","SPXU":"三倍做空标普500ETF","CAT":"卡特彼勒","COMP":"Compass, Inc.","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","AMZN":"亚马逊","OEF":"标普100指数ETF-iShares","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2155001152","content_text":"Pinterest sinks on stalled U.S. user growth\nU.S. consumer spending rises in June, inflation increases (Updates to close)\n\nNEW YORK, July 30 (Reuters) - U.S. stocks fell on Friday with Amazon.com shares declining after the company forecast lower sales growth, but the S&P 500 still posted a sixth straight month of gains.\nAmazon.com Inc shares sank after it reported late on Thursday revenue for the second quarter that was shy of analysts' average estimate and said sales growth would ease in the next few quarters as customers ventured more outside the home.\nShares of other internet and tech giants that did well during the lockdowns of last year, including Google parent Alphabet Inc and Facebook Inc, were mostly lower.\n\"Overall earnings have been good. But Amazon ... and some of last year's winners are taking some of the air out of the market today,\" said Jake Dollarhide, chief executive officer of Longbow Asset Management in Tulsa, Oklahoma. \"This market has been driven by big tech and when tech does well, the market seems to go right along with it, and when it doesn't,\" it falls.\nData on Friday showed U.S. consumer spending rose more than expected in June, although annual inflation accelerated further above the Federal Reserve's 2% target.\nUnofficially, the Dow Jones Industrial Average fell 146.36 points, or 0.42%, to 34,938.17, the S&P 500 lost 23.58 points, or 0.53%, to 4,395.57 and the Nasdaq Composite dropped 101.51 points, or 0.69%, to 14,676.76.\nStrong earnings and the continued rebound in the U.S. economy have helped to support stocks this month, but the rapid spread of the Delta variant of the coronavirus and rising inflation have been concerns.\n\"There are still some distant jitters, whispers about the Delta variant, about cases rising, and I think some underlying worries about a slowdown of the reopenings and possible reversal,\" Dollarhide said.\nAlso on the earnings front, Pampers maker Procter & Gamble Co rose as it forecast higher core earnings for this year, and U.S.-listed shares of Canada's Restaurant Brands International Inc jumped after the Burger King owner beat estimates for quarterly profit.\nPinterest Inc, however, plunged after saying U.S. user growth was decelerating as people who used the platform for crafts and DIY projects during the height of the pandemic were stepping out more.\nCaterpillar Inc shares also fell, even though the company posted a rise in second-quarter adjusted profit on the back of a recovery in global economic activity.\nResults on the quarter overall have been much stronger than expected, with about 89% of the reports beating analysts' estimates on earnings, according to IBES data from Refinitiv. Earnings are now expected to have climbed 89.8% in the second quarter versus forecasts of 65.4% at the start of July. (Reporting by Caroline Valetkevitch in New York Additional reporting by Sagarika Jaisinghani in Bengaluru Editing by Arun Koyyur and Matthew Lewis)","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120695487,"gmtCreate":1624320796849,"gmtModify":1634007920825,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Great news. ","listText":"Great news. ","text":"Great news.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120695487","repostId":"1191349655","repostType":4,"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193864202,"gmtCreate":1620780163506,"gmtModify":1634196393222,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Fully agreed!","listText":"Fully agreed!","text":"Fully agreed!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/193864202","repostId":"1191876953","repostType":2,"repost":{"id":"1191876953","kind":"news","pubTimestamp":1620719091,"share":"https://www.laohu8.com/m/news/1191876953?lang=&edition=full","pubTime":"2021-05-11 15:44","market":"us","language":"en","title":"Palantir: Highly Favourable Reward-To-Risk","url":"https://stock-news.laohu8.com/highlight/detail?id=1191876953","media":"seekingalpha","summary":"SummaryA look at the relationship between P/S and Total Addressable Market and what it means for Pal","content":"<p>Summary</p><ul><li>A look at the relationship between P/S and Total Addressable Market and what it means for Palantir.</li><li>In FY20, revenue grew 47% with only 6 customer additions. The consensus 33% growth for FY21 looks way off.</li><li>A deep-dive into the impressive underlying economics of Palantir’s business.</li><li>A simple valuation analysis to outline it's extremely unlikely investors will lose money even by investing at these levels.</li></ul><p><img src=\"https://static.tigerbbs.com/eab06bd9956d953235cc7975b0de6995\" tg-width=\"768\" tg-height=\"512\" referrerpolicy=\"no-referrer\"><b>Contents</b></p><ul><li>Multiples & TAM</li><li>> P/S & TAM Penetration</li><li>>> PLTR’s TAM and Ability to Enter New Markets?</li><li>> Expanding TAM Fueling Expanding Multiple</li><li>>> ServiceNow vs Workday</li><li>>> Cloudflare</li><li>Multiples & TAM Recap</li><li>What is PLTR Actually Good At?</li><li>What’s Not Being Talked About</li><li>Impressive Underlying Economics</li><li>Valuation</li><li>Conclusion</li></ul><p><b>Multiples & TAM</b></p><p>It’s commonly known that multiples are closely correlated with revenue growth expectations – higher growth usually equals higher P/S and P/E. Though we wanted to explore the relationship between multiples and a company’s Total Addressable Market, aka TAM. Firstly, we investigated the correlation between P/S and TAM penetration. Then secondly, we used a qualitative approach to assess how increases in TAM tends to affect a company’s P/S. The reason for delving into this is to gain a better insight into Palantir's (PLTR) ongoing valuation, whether the stock’s P/S will persist, extend, or decline, and ultimately what this means for investors’ returns.</p><p>P/S & TAM Penetration</p><p>We already had metrics for a group of stocks we put together for some other PLTR analysis, therefore we used these to work on the P/S and TAM penetration correlation. To arrive at a TAM for each stock, if we didn’t know beforehand, we reviewed company websites to understand which markets they serve, and then we looked for independent market research (from the likes of Grand View Research and Mordor Intelligence, etc.) estimating the size and growth projections of the subject market. If the size of market estimate seemed odd compared to the company’s revenues and P/S, then we resorted to the company’s investor presentations that usually offer a TAM.</p><p>As this was quite time-consuming, in addition to PLTR we only conducted this process for 15 stocks, so the sample size is 16. Therefore, the statistics shown in the table below should be viewed with caution because the sample is relatively small and adding more to the sample may significantly change the correlation. Nonetheless, you might still be interested despite the sample being on the small side. From this research we found that the P/S and the TAM penetration (defined as LTM revenue divided by the TAM) for this group of stocks had an inverse correlation of -0.6281. The negative sign indicates that a smaller TAM penetration is associated with a higher P/S. The correlation equates to an R-squared of -0.6281 ^ 2 =<b>0.3945</b>. This means that the TAM penetration explains 39.45% of the variability of the P/S within this group. And considering the nature of financial variables, this is a moderately strong correlation. As expected, there is a stronger correlation between P/S and LTM revenue growth. The 0.9248 correlation equates to an R-squared of 85.55%.</p><p>Figure 1 - Correlation between P/S and TAM Penetration</p><p><img src=\"https://static.tigerbbs.com/6b8853eadde7cac4e62059f7961af215\" tg-width=\"385\" tg-height=\"405\" referrerpolicy=\"no-referrer\"></p><p>Source: Convequity analysis</p><p>This is far from conclusive and requires further research but it certainly looks likely that TAM penetration is inversely correlated to P/S multiples. So, what does this have to do with PLTR’s valuation? Well, the market is currently pricing in the management guided TAM of $119bn, yet in reality the TAM is a lot greater. Once investors realize this the 33x P/S at the time of writing will offer extremely good value.</p><p><b>PLTR’s TAM and Ability to Enter New Markets?</b></p><p>A high stock multiple often results in poor future returns because there are already high growth expectations priced in, and as the growth outlook naturally decelerates, the multiple will decline too. However, we believe PLTR, like other best-in-breed cloud-oriented stocks, are a special case, because they can rotate and enter new markets with relative ease.</p><p>Showcased by theDouble-Clickevent, PLTR is already emerging as a formidable player in the life sciences analytics industry which is projected to grow from$22bn in 2020 to $42bn by 2025. TheERPmarket, in which they’ve smoothly entered via a AWS partnership, is projected to grow from $43bn today up to $60bn by 2026. Despite these markets being heavily competed for by established players, PLTR’s software-defined approach is displacing many incumbents and in due course will grab a sizeable chunk of market share. And these are just two markets that make up over half of PLTR’s supposed TAM of $119bn.</p><p>In reality, PLTR’s TAM is the entire software industry. They have an ability like no other software vendor in history to pivot into new markets as they see fit. They have the programming skills and the thoughtfulness in interface design, along with a deep understanding of how users need to interact with software, that affords them the capability to turn their focus to any software market worthwhile. With this in mind, it is reasonable to assume that whenever PLTR needs a revenue growth and/or share price booster, they can formulate a plan to penetrate a new market and provide that catalyst.</p><p>Below we highlight PLTR’s true potential TAM with reference to a Gartner estimate. The IT services might be a stretch but they certainly have the ability to fully expand within the $483bn Enterprise Software market. With current TTM revenue a little over $1bn, the current TAM penetration of < 0.3% offers high growth for many years which will help prevent a sharp P/S deceleration and support strong future shareholder returns. And in all likelihood, the P/S will probably expand in the interim before beginning a downward trajectory.</p><p>Figure 2 - Worldwide IT Spending Forecasts</p><p><img src=\"https://static.tigerbbs.com/9dda4329ffe8f2cead662503bd5cd8a8\" tg-width=\"466\" tg-height=\"314\" referrerpolicy=\"no-referrer\"></p><p>Expanding TAM Fueling Expanding Multiple</p><p>With this TAM correlation in mind, it might be interesting for investors to visualize how PLTR’s share price and P/S will respond when management inevitably announce that they’re entering new markets – CRM, Risk Management, Productivity, or whatever it may be. To illustrate this, we’ll review the P/S paths of ServiceNow (NOW) and Workday (WDAY) during the past few years.</p><p><b>ServiceNow vs Workday</b></p><p>Comparing the P/S trends of these two stocks in relation to their TAM development is interesting to observe. To observe the changing TAM, we’ve used research giant Gartner’s Magic Quadrant. Here is the Magic Quadrant template for those unfamiliar.</p><p>Figure 3 - Gartner's Magic Quadrant Template</p><p><img src=\"https://static.tigerbbs.com/26acf1d90d9c7bc6f9c912e1e938cff7\" tg-width=\"377\" tg-height=\"370\" referrerpolicy=\"no-referrer\"></p><p>Source:gartner.com</p><p>Back in 2016, in reference to Gartner’s Magic Quadrant, Workday (WDAY) was the outright leader in Human Capital Management (HCM) and ServiceNow (NOW) was the same for IT Services Management (ITSM). Both firms had similar revenue growth and gross, operating, and FCF margins, and also neither were serving any other markets. Therefore, as shown in the following chart, WDAY’s higher P/S appeared to be largely attributed to HCM being a larger market than ITSM. During 2017, according to Gartner’s HCM Magic Quadrant WDAY lost its competitive distance as the space became crowded. During the same period, NOW extended their leadership status in the ITSM Magic Quadrant. As a result, the P/S differential closed and the two stocks were trading at almost identical multiples throughout 2017. Despite the same growth rates in 2018, NOW’s P/S pulled sharply higher than WDAY’s because they expanded TAM by entering into two new markets – Integrated Risk Management and CRM Customer Engagement – whilst WDAY didn’t expand their TAM.</p><p>Figure 4 - NOW vs WDAY P/S Multiple Journey, Part 1</p><p><img src=\"https://static.tigerbbs.com/819428f5fd07f5be31e2e242101675e8\" tg-width=\"640\" tg-height=\"334\" referrerpolicy=\"no-referrer\"></p><p>Source: Koyfin chart, Convequity analysis</p><p>In early 2019, the P/S differential tightened with WDAY’s multiple climbing partly attributable to expanding into the Cloud Financial Management market; NOW also entered a new market in early 2019. Then in 2020, the difference widened further as a result of NOW expanding into 3 more markets and turning from visionary to leader in the Magic Quadrant for Software Asset Management (SAM) whilst WDAY did not even enter one new market.</p><p>Figure 5 - Figure 1 - NOW vs WDAY P/S Multiple Journey, Part 2</p><p><img src=\"https://static.tigerbbs.com/671154b03eb210d553999cf81e22632c\" tg-width=\"640\" tg-height=\"316\" referrerpolicy=\"no-referrer\"></p><p>Source: Koyfin chart, Convequity analysis</p><p>This is a classic example of how entering new markets raises expectations for growth and long-term profitability, thereby raising multiples and ultimately increasing returns for shareholders. We don’t claim that inclusion into Gartner’s Magic Quadrants were the sole factor at play, however, given that both firms’ growth and margins were similar for most of the period under review, it certainly appears to have had a significant influence.</p><p>Cloudflare</p><p>Cloudflare (NET) offers another good example of how TAM expansion influences a stock’s multiple. NET certainly benefitted from the general COVID-induced WFH dynamic during 2020, however, their new product launches also contributed to multiple expansion in a significant way. NET have moved so fast that Gartner haven’t even had time to update their Magic Quadrants, therefore we shall leave Gartner out of this observation. In just 16 months, NET has tripled their P/S mainly as a result of entering new markets. In January 2020, they entered into a $20bn market by announcing their offerings for Secure Web Gateways and Zero Trust products. In July 2020, they made a big move by making their edge compute Workers platform accessible to all developers; in October 2020 they officially launched their SASE offering; and then in March 2021, they introduced Magic WAN which has kind of created a new market altogether because NET is the first to offer a global private WAN.</p><p>Figure 6 - NET's P/S Journey</p><p><img src=\"https://static.tigerbbs.com/12bc7ba8e1617c02699be8a7509ec27d\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\"></p><p>Source: Koyfin chart, Convequity analysis</p><p>There are plenty of other recent examples in which stocks have expanded multiples thanks to TAM expansion - Zscaler and Twilio to name a couple. An underlying driving factor enabling software companies to enter new markets with relative ease is the growth of cloud computing. The required capex to move into new markets is minimal in comparison to the pre-cloud era because software firms don’t need to purchase and implement more servers. Once an application is developed and ready to be deployed, they can scale it across the elastic supply of AWS, Azure, or GCP servers that provide all the necessary compute, networking, and storage requirements – and ramp-up or decrease capacity according to demand.</p><p>As we point out in our articleS&P 500 is Undervalued, Tech is in a New Paradigm, cloud computing has altered the software industry’s competitive dynamics. It has radically lowered the entry barriers thereby making many software markets overcrowded - in 2007 there were 115 U.S. software stocks and today there are 284. This isn’t alarming as the numbers suggest because the cloud has opened up many greenfield markets, however, the cloud has ushered in a winner-takes-all dynamic into various markets also. And given the reach enabled by the cloud, the prize for the market winners is larger than it’s ever been before. At Asymmetric Tech Investments we aim to identify these future winners.</p><p><b>Multiples & TAM Recap</b></p><p>Here is a quick recap:</p><ul><li>There is evidence that a stock’s P/S is moderately correlated to revenue divided by TAM, or TAM penetration. This may appear obvious to some investors though doing this bit of research has helped us refine how we view a company’s market opportunity and shareholder investment prospects.</li><li>There are many examples that illustrate how TAM expansion tends to increase stock multiples, or at least play a significant part.</li><li>Cloud computing has made it easier than ever before for software firms to expand TAM.</li></ul><p>Taking this into account, the future looks incredibly bright for PLTR’s share price. As and when PLTR enter new markets and expand the company’s TAM, there is a high probability that the share price will climb driven by altering growth expectations. If it can be argued that PLTR’s software is already effectively doing stuff like Software Asset Management, Integrated Risk Management, and CRM, then the TAM should be higher than the current $119bn priced in. And if this is the case, PLTR’s multiple should adjust higher to reflect this in due course. Either way despite the perceived high P/S at present, it will probably persist or even rise from here, and over a longer timeframe we suspect PLTR’s multiple will decelerate at a much slower pace than many other high-growth software stocks.</p><p>Lastly, not only does PLTR have the core software skills to enter almost any market, they are well and truly cloud-enabled following their partnerships with AWS and IBM. This will accelerate the TAM expansion for sure.</p><p><b>What is PLTR Actually Good At?</b></p><p>It might be easier to try and answer what they aren’t good at. All the information given in the S-1, the 10-k, and investor presentations, pertaining to what PLTR do can be somewhat overwhelming. At the same time, just labelling them a data analysis company is a gross oversimplification. To help us refine our understanding of PLTR’s scope, below we’ve categorized 4 areas, or pillars, in which we believe lays the foundation for all they do – Data Connectivity, Data, Analysis, Data Governance, and User Interface. We’re probably not alone in inferring that the underpinning to PLTR’s superior advantages is closely associated with these 4 pillars. Each of which appear to be in a transformative stage due to the world delving deeper into an era of hyperconnectivity. Within each category we listed things that PLTR are good at dealing with. By the time we had finished we realized the depth and sheer breadth of what they can do.</p><p>Figure 7 – The 4 Pillars to PLTR’s Competitive Edge</p><p><img src=\"https://static.tigerbbs.com/a8e17daf500fc82224591acb8ed9bee2\" tg-width=\"555\" tg-height=\"343\" referrerpolicy=\"no-referrer\"></p><p>Source: Convequity analysis</p><p>And the only way we can surmise as to how they are capable of such depth and scope, is that they have the deepest understanding of the core principles of software engineering and have an amazing ability to leverage this to various platforms and technologies. Elon Musk’s advocacy for First Principles thinking springs to mind.</p><p>Figure 8 - First Principles Thinking</p><p><img src=\"https://static.tigerbbs.com/f9bda1fb57abaf33eff8dfacd2457aa2\" tg-width=\"513\" tg-height=\"401\" referrerpolicy=\"no-referrer\"></p><p>Source:safalniveshak.com</p><p>It is these 4 pillars in which PLTR are building their moat around, and this foundation can be leveraged to enter almost any software market. Throw in the network effects within enterprise customers’ organization, across verticals (life sciences, airline industry, etc.), and within PLTR itself, it’s hard to envisage them losing their competitive lead.</p><p>Recently I spoke to a friend who is an engineer at Rolls Royce who shed some light on how PLTR could help him in his job. Below is what he told me.</p><blockquote><i>“When designing a product, a RR engineer will spend ~25% of their time gathering and pre-processing data in order to perform a design study. Typically, the data is created by multiple teams, each working in different systems and supplying the data in different formats by differing means. For example, the stress engineer will supply speeds/temperatures/pressures in the form of an emailed spreadsheet. The aero engineer will supply geometry as a CAD file and a pressure map as a .csv file via a shared drive. The designer will supply geometric information and tolerances as a printed word document. All this data must be extracted and processed into a single format before the designer can do any analysis. Having all this data in one system would massively reduce the time spent processing data and would free up the designer to do the actual engineering.”</i></blockquote><p>Foundry would solve his problem by connecting to all the relevant data sources and standardizing the data ready for immediate analysis. The ramp-up in my friend’s productivity would be profound. Generally, it seems as though this type of problem involving data located across disjointed systems and existing in different formats has up until now been the main use case for Foundry. Increasingly, however, we’re hearing cases whereby Foundry has been laid atop an enterprise’s legacy systems and deliver what works like a brand-new IT infrastructure built from the ground up. For example, in the Double Click event, Forward Deploy Engineer, Liam Mawe, explained how a Foundry ERP archetype was installed for one industrial client that already had 25 ERP systems in operation that were largely siloed from each other. After a few hours of configuration, Foundry’s ERP had every single piece of data readily available. Mawe didn’t elaborate, though we presume Foundry’s ERP could carry on working in conjunction with the other ERP systems or work just as well should the client decide to remove them – which is more probable. This incredible flexibility is the key to the seemingly rapid customer acquisition of late – there is no rip and replace required, so the stakes are lower and as a result decision-makers are more willing to give PLTR a try.</p><p><b>What’s Not Being Talked About</b></p><p>From what we’ve read about PLTR, there hasn’t been any mention of the fact that they only added 6 customers in FY20 whilst growing revenue by 47%. This is staggering; and achieved by the 41% increase in revenue per customer, as shown in the chart below. When we think about the AWS and IBM cloud partnerships and the various press releases thus far into 2021, they could have tripled the FY20 new customer number in the first quarter alone. Couple that with another >20% increase in per customer revenue, it’s not beyond the realm of possibility for PLTR to grow revenue by 60% this year.</p><p>Figure 9 - Net New Customer Additions in FY20</p><p><img src=\"https://static.tigerbbs.com/a5c6b020093a59492fcc6c4c50812b65\" tg-width=\"314\" tg-height=\"128\" referrerpolicy=\"no-referrer\"></p><p>Source: 10-k, Convequity analysis</p><p>We thought we’d have a go at forecasting 1Q21 revenue – which will be released before the market open on Tuesday 11thMay. We began by building up the revenue estimate based on available information such as the press releases thus far in 2021, balance sheet items such as deferred revenue and customer deposits, as well as off-balance sheet deal value which includes remaining performance obligations and contract renewal options. In the 3Q20 investor presentation we noticed the average contract duration was 3.6 years, so we used this to estimate what might come off deferred revenue and customer deposits and be recorded as income statement revenue. To estimate how much deal value might be transferred into revenue for 1Q21, we used a longer duration of 4.6 years. We infer that a small portion of deal value could skip the balance sheet and land straight on the income statement when customers renew their contracts. Of course, this is an oversimplification of how these financial items are linked together so the estimate might be way off. Nonetheless, based on all this, as shown below, we estimate 1Q21 revenue of $259m which, as a reminder, is derived from available information and has not accounted for unknowns. This is a shortfall of $73m versus the $332m consensus estimate. Given all the unknown revenue sources from the AWS and IBM deals and elsewhere, and the general confidence from management, it looks like PLTR are going to blow these forecasts out the water.</p><p>Figure 10 - 1Q21 Revenue Estimates Based on Available Information</p><p><img src=\"https://static.tigerbbs.com/5c976ca3fc200ad63eb7ee9595b6b8a5\" tg-width=\"633\" tg-height=\"345\" referrerpolicy=\"no-referrer\"></p><p>Source: 10-k, Convequity analysis</p><p><b>Impressive Underlying Economics</b></p><p>We believe the greatest investment catalyst is tied to PLTR’s profitability potential; and this is because of the pervasive doubt of the business model viability at present. Management have heavily focused on contribution margin (that we’ll refer to as CM) in previous investor presentations. As the they presented in the 4Q20 presentation shown below, CM margin has more than doubled from FY19 to FY20. However, this could be skewed due to the low number of customer additions – only 6 in FY20. With this in mind we wanted to dig deeper in understanding how the underlying economics have really improved.</p><p>Figure 11 - High-Level View of Contribution Margin and Gross Margin</p><p><img src=\"https://static.tigerbbs.com/d46bd90bbcfcc1028ec0417d858ec8f8\" tg-width=\"640\" tg-height=\"270\" referrerpolicy=\"no-referrer\"></p><p>Source:4Q20 Investor Presentation</p><p>Management have presented the efficiency of the business by grouping customers into 3 phases – Acquire, Expand, and Scale – and in each phase, show how the CM changes within each group. To illustrate, take a look at the figures below, extracted from the S-1 and the 10-k. The customers in the Acquire Phase in FY19 (fiscal year-end 31stDec-21) generated a very negative CM. Those same customers, generated a 17% CM in FY20. The customers in the Expand Phase in FY19 generated -43% CM, and those same customers generated 47% CM in the following year. What’s important to note here, is that the Acquire Phase customers in FY19 will not be the same Acquire Phase customers in FY20 – they will become the Expand Phase customers (or potentially even the Scale Phase customers).</p><p>Figure 12 - PLTR's Customer Phases</p><p><img src=\"https://static.tigerbbs.com/349bc44eeb8317f08f36bb9da9a2d261\" tg-width=\"640\" tg-height=\"83\" referrerpolicy=\"no-referrer\"></p><p>Source: PLTR’s S-1 and FY20 10-k</p><p>On the face of it, this looks impressive, but when we think deeper about it, this is what most SaaS/software firms are doing nowadays. The S&M expenditure to bring the customer to a company and the initial deployment and operational costs make the Acquire phase the costliest. At the same time, free trial or preliminary testing periods don’t generate much revenue. So, for any SaaS-type firm, negative CM is the case for the Acquire and the Expand phases and those same customers will become profitable at a later point in the relationship. We think investors are aware of this and this is why there doesn’t seem to be much online discussion about PLTR’s CM. Of course, investors could simply take the higher-level view of overall CM more than doubling in FY20, however, as aforementioned this is potentially skewed because of the few new customers acquired.</p><p>What can be instantly gleaned from the above CM metrics, is that when the proportion of new customers joining PLTR is small in relation to existing customers the overall CM will be close to the Scale Phase CM. But perhaps that still doesn’t impressive investors enough, because it may take a few years to reach that state.</p><p>Let’s go back to notion that the Acquire Phase customers in FY19 go on to be the Expand (or even Scale) Phase customers in FY20. This is useful but we wanted to see if we could compare the FY20 Acquire Phase with the FY19 Acquire Phase; and the FY20 Expand Phase with the FY19 Expand Phase; and the same for the Scale Phase. This cannot be derived from the data above. Therefore, we’ve had to dig deeper, scan for more information, and make some educated guesses to piece this together. Because knowing by how much the Expand Phase CM has improved from FY19 to FY20 would be really insightful and we don’t suspect many analysts have tried this so far so there is probably an information edge to be gained over the market.</p><p>We show the analysis we did on this below, however,it may be easier for readers to access the actual spreadsheetto take a closer look. If you click the link make sure to download the spreadsheet to see all the comment boxes.</p><p>What interests us the most in the spreadsheet, is the Expand Phase comparisons in FY19 and FY20. The 28% CM highlighted in yellow, under the FY20 Expand Cohort, is what we think the Expand Phase CM must have been in FY20. The equivalent CM in FY19 was -43%. This is a huge like-for-like improvement in the CM and indicates how PLTR has/is radically shortening the deployment phase of their software by utilizing their Apollo SaaS-installation. Personally, we think this is more insightful and meaningful than the overall CM presented which could be skewed, and also versus management’s presentation of the Acquire/Expand/Scale CMs.</p><p>Figure 13 - Contribution Margin Like-for-Like Comparisons</p><p><img src=\"https://static.tigerbbs.com/14c581fd6fbbccea3d7a5da87480edf5\" tg-width=\"640\" tg-height=\"694\" referrerpolicy=\"no-referrer\"></p><p>Source: 10-k, Convequity analysis</p><p>Another way to view this is that customers are classified as Expand Phase customers when they’ve exceeded $100k in annualized revenue but CM is negative. If the FY19 Expand Phase CM was -43%, it indicates that the majority of these customers remained negative CM customers throughout FY19. If the FY20 Expand Phase CM is 28%, it indicates that the majority of these customers turned from negative to positive within the same year. Again, in our opinion, this is way more impressive than what PLTR’s management has presented to date.</p><p>Lastly, in the final section of the spreadsheet, the Total CMs highlighted in gold text are actual and the ones in red are composed of actual and estimated figures. We can see that all the FY19 customers generated a weighted average CM of 23% in FY19, and then those same customers generated 58% CM in FY20. Going into FY21 we forecast that these same FY19 customers will generate 68% in CM. All the FY20 customers generated a CM of 54% in FY20, though had PLTR brought on board more new customers in FY20, the CM would be considerably lower. These same customers are estimated to generate 65% in CM in FY21 and then 75% in FY22.</p><p>To conclude, PLTR’s current CM of 54% is already high, especially for a high growth software stock, yet it’s likely to move higher. We expect the AWS and IBM partnerships to give PLTR the scale to expand its margins. We think this should erase the doubt that PLTR will be highly profitable. The huge nonrecurring expenses related to the DPO and associated stock-based compensation and other opex categories have contributed to the appearance of an unprofitable business. As these costs normalize and PLTR further leverage Apollo’s SaaS installation/deployment, the CM will continue to rise and PLTR’s margins lower down the income statement will also look attractive.</p><p><b>Valuation</b></p><p>In our previous article on PLTR we presented our DCF valuation for PLTR which arrived at a value per share of $47. We still have full faith in this valuation; however, it may take longer than we initially anticipated. And we partly assign this to the misunderstanding of the potential profitability of the stock. Therefore, for this section, we approached the valuation through a different lens. We’ve projected PLTR’s average revenue growth rate through FY25 and used possible P/S multiples in FY25.</p><p>In the 4Q20 earnings call, management stated that they believe revenue growth will be above 30% each year through to FY25 – quite incredible considering the current TTM revenue of $1.1bn. Knowing this, below we’ve projected some arbitrary growth rates. We know FY20 growth was 47% and based off what management has stated, we’ll put FY25 growth as 30% as a minimum. Therefore, we’ve randomly decelerated from 47% to 30% for each year. The Compounded Annual Growth Rate, or CAGR, of this series of growth rates equals 34%. We shall use this for the valuation exercise.</p><p>Figure 14 - Estimate for Average Revenue Growth Through FY25</p><p><img src=\"https://static.tigerbbs.com/b76e91d228a978ddd8a18a8a102ea495\" tg-width=\"449\" tg-height=\"109\" referrerpolicy=\"no-referrer\"></p><p>Source: Convequity analysis</p><p>By using this 34% average revenue growth rate (or CAGR) we calculate revenue will be $4.784bn in FY25/2025. Due to the natural growth expectations decline, we guess that the P/S will be 20x in 2025. ServiceNow’s is currently 20x whilst having TTM revenue of $4,500m, so this is plausible for exceptional companies. These parameters calculate a 2025 market cap of $96bn, a share price of $53.39, and an annualized return of 21%.</p><p>Figure 15 - 2025 Market Cap Forecast</p><p><img src=\"https://static.tigerbbs.com/ef9e349e3ba5ffdd5f413a5c857fcb18\" tg-width=\"640\" tg-height=\"47\" referrerpolicy=\"no-referrer\"></p><p>Source: Convequity analysis</p><p>Below we show the 2025 share price sensitivity table with the 2025 P/S and the CAGR being the two variables. The probabilities are arbitrary just to express how likely we think the respective P/S metrics are in 2025. The share prices in purple text represent the range of what we think our estimation error is likely to be.</p><p>Figure 16 - PLTR's 2025 Share Price Sensitivity Table</p><p><img src=\"https://static.tigerbbs.com/c7192c1e4fcda23289de59a09c242fec\" tg-width=\"640\" tg-height=\"203\" referrerpolicy=\"no-referrer\"></p><p>Source: Convequity analysis</p><p>If management are correct with their growth prediction, then a P/S toward 30x would be fairer than a <20x P/S. However, even if PLTR only generate an average growth rate of 24% and the P/S is 14x at the end of 2025, at the current share price of ~$20 investors still wouldn’t have lost capital. Indeed, it would have been a disappointing investment, but it wouldn’t have lost money. This sensitivity table shows that, despite PLTR’s high multiple at present, the future returns look very appetizing.</p><p>The next sensitivity table replaces the share price with the annualized return through to 2025.</p><p>Figure 17 - PLTR's 2025 Annualized Return Sensitivity Table</p><p><img src=\"https://static.tigerbbs.com/5f3a6e9d761e6e7fcb3fb918df9b8503\" tg-width=\"640\" tg-height=\"205\" referrerpolicy=\"no-referrer\"></p><p>Source: Convequity analysis</p><p>In summary, even at the current high P/S of 34x, we consider it extremely unlikely that investors will lose money investing in PLTR now and holding through to 2025 – simply because of growth projections. Add in the impressive underlying economics, we believe this will prove to be a very good long-term investment.</p><p>So, given the minimal downside and the attractive upside, PLTR is one of the most favourable reward-to-risk holdings in the Convequity Portfolio.</p><p><b>Conclusion</b></p><p>PLTR’s stock is going to be driven by a combination of changing TAM expectations, high growth, and impressive profitability in due course. Currently, it looks as though the market is underestimating all of these, so the future looks very bright, indeed.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Palantir: Highly Favourable Reward-To-Risk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nPalantir: Highly Favourable Reward-To-Risk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-11 15:44 GMT+8 <a href=https://seekingalpha.com/article/4426825-palantir-highly-favourable-reward-to-risk><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryA look at the relationship between P/S and Total Addressable Market and what it means for Palantir.In FY20, revenue grew 47% with only 6 customer additions. The consensus 33% growth for FY21 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4426825-palantir-highly-favourable-reward-to-risk\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4426825-palantir-highly-favourable-reward-to-risk","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1191876953","content_text":"SummaryA look at the relationship between P/S and Total Addressable Market and what it means for Palantir.In FY20, revenue grew 47% with only 6 customer additions. The consensus 33% growth for FY21 looks way off.A deep-dive into the impressive underlying economics of Palantir’s business.A simple valuation analysis to outline it's extremely unlikely investors will lose money even by investing at these levels.ContentsMultiples & TAM> P/S & TAM Penetration>> PLTR’s TAM and Ability to Enter New Markets?> Expanding TAM Fueling Expanding Multiple>> ServiceNow vs Workday>> CloudflareMultiples & TAM RecapWhat is PLTR Actually Good At?What’s Not Being Talked AboutImpressive Underlying EconomicsValuationConclusionMultiples & TAMIt’s commonly known that multiples are closely correlated with revenue growth expectations – higher growth usually equals higher P/S and P/E. Though we wanted to explore the relationship between multiples and a company’s Total Addressable Market, aka TAM. Firstly, we investigated the correlation between P/S and TAM penetration. Then secondly, we used a qualitative approach to assess how increases in TAM tends to affect a company’s P/S. The reason for delving into this is to gain a better insight into Palantir's (PLTR) ongoing valuation, whether the stock’s P/S will persist, extend, or decline, and ultimately what this means for investors’ returns.P/S & TAM PenetrationWe already had metrics for a group of stocks we put together for some other PLTR analysis, therefore we used these to work on the P/S and TAM penetration correlation. To arrive at a TAM for each stock, if we didn’t know beforehand, we reviewed company websites to understand which markets they serve, and then we looked for independent market research (from the likes of Grand View Research and Mordor Intelligence, etc.) estimating the size and growth projections of the subject market. If the size of market estimate seemed odd compared to the company’s revenues and P/S, then we resorted to the company’s investor presentations that usually offer a TAM.As this was quite time-consuming, in addition to PLTR we only conducted this process for 15 stocks, so the sample size is 16. Therefore, the statistics shown in the table below should be viewed with caution because the sample is relatively small and adding more to the sample may significantly change the correlation. Nonetheless, you might still be interested despite the sample being on the small side. From this research we found that the P/S and the TAM penetration (defined as LTM revenue divided by the TAM) for this group of stocks had an inverse correlation of -0.6281. The negative sign indicates that a smaller TAM penetration is associated with a higher P/S. The correlation equates to an R-squared of -0.6281 ^ 2 =0.3945. This means that the TAM penetration explains 39.45% of the variability of the P/S within this group. And considering the nature of financial variables, this is a moderately strong correlation. As expected, there is a stronger correlation between P/S and LTM revenue growth. The 0.9248 correlation equates to an R-squared of 85.55%.Figure 1 - Correlation between P/S and TAM PenetrationSource: Convequity analysisThis is far from conclusive and requires further research but it certainly looks likely that TAM penetration is inversely correlated to P/S multiples. So, what does this have to do with PLTR’s valuation? Well, the market is currently pricing in the management guided TAM of $119bn, yet in reality the TAM is a lot greater. Once investors realize this the 33x P/S at the time of writing will offer extremely good value.PLTR’s TAM and Ability to Enter New Markets?A high stock multiple often results in poor future returns because there are already high growth expectations priced in, and as the growth outlook naturally decelerates, the multiple will decline too. However, we believe PLTR, like other best-in-breed cloud-oriented stocks, are a special case, because they can rotate and enter new markets with relative ease.Showcased by theDouble-Clickevent, PLTR is already emerging as a formidable player in the life sciences analytics industry which is projected to grow from$22bn in 2020 to $42bn by 2025. TheERPmarket, in which they’ve smoothly entered via a AWS partnership, is projected to grow from $43bn today up to $60bn by 2026. Despite these markets being heavily competed for by established players, PLTR’s software-defined approach is displacing many incumbents and in due course will grab a sizeable chunk of market share. And these are just two markets that make up over half of PLTR’s supposed TAM of $119bn.In reality, PLTR’s TAM is the entire software industry. They have an ability like no other software vendor in history to pivot into new markets as they see fit. They have the programming skills and the thoughtfulness in interface design, along with a deep understanding of how users need to interact with software, that affords them the capability to turn their focus to any software market worthwhile. With this in mind, it is reasonable to assume that whenever PLTR needs a revenue growth and/or share price booster, they can formulate a plan to penetrate a new market and provide that catalyst.Below we highlight PLTR’s true potential TAM with reference to a Gartner estimate. The IT services might be a stretch but they certainly have the ability to fully expand within the $483bn Enterprise Software market. With current TTM revenue a little over $1bn, the current TAM penetration of < 0.3% offers high growth for many years which will help prevent a sharp P/S deceleration and support strong future shareholder returns. And in all likelihood, the P/S will probably expand in the interim before beginning a downward trajectory.Figure 2 - Worldwide IT Spending ForecastsExpanding TAM Fueling Expanding MultipleWith this TAM correlation in mind, it might be interesting for investors to visualize how PLTR’s share price and P/S will respond when management inevitably announce that they’re entering new markets – CRM, Risk Management, Productivity, or whatever it may be. To illustrate this, we’ll review the P/S paths of ServiceNow (NOW) and Workday (WDAY) during the past few years.ServiceNow vs WorkdayComparing the P/S trends of these two stocks in relation to their TAM development is interesting to observe. To observe the changing TAM, we’ve used research giant Gartner’s Magic Quadrant. Here is the Magic Quadrant template for those unfamiliar.Figure 3 - Gartner's Magic Quadrant TemplateSource:gartner.comBack in 2016, in reference to Gartner’s Magic Quadrant, Workday (WDAY) was the outright leader in Human Capital Management (HCM) and ServiceNow (NOW) was the same for IT Services Management (ITSM). Both firms had similar revenue growth and gross, operating, and FCF margins, and also neither were serving any other markets. Therefore, as shown in the following chart, WDAY’s higher P/S appeared to be largely attributed to HCM being a larger market than ITSM. During 2017, according to Gartner’s HCM Magic Quadrant WDAY lost its competitive distance as the space became crowded. During the same period, NOW extended their leadership status in the ITSM Magic Quadrant. As a result, the P/S differential closed and the two stocks were trading at almost identical multiples throughout 2017. Despite the same growth rates in 2018, NOW’s P/S pulled sharply higher than WDAY’s because they expanded TAM by entering into two new markets – Integrated Risk Management and CRM Customer Engagement – whilst WDAY didn’t expand their TAM.Figure 4 - NOW vs WDAY P/S Multiple Journey, Part 1Source: Koyfin chart, Convequity analysisIn early 2019, the P/S differential tightened with WDAY’s multiple climbing partly attributable to expanding into the Cloud Financial Management market; NOW also entered a new market in early 2019. Then in 2020, the difference widened further as a result of NOW expanding into 3 more markets and turning from visionary to leader in the Magic Quadrant for Software Asset Management (SAM) whilst WDAY did not even enter one new market.Figure 5 - Figure 1 - NOW vs WDAY P/S Multiple Journey, Part 2Source: Koyfin chart, Convequity analysisThis is a classic example of how entering new markets raises expectations for growth and long-term profitability, thereby raising multiples and ultimately increasing returns for shareholders. We don’t claim that inclusion into Gartner’s Magic Quadrants were the sole factor at play, however, given that both firms’ growth and margins were similar for most of the period under review, it certainly appears to have had a significant influence.CloudflareCloudflare (NET) offers another good example of how TAM expansion influences a stock’s multiple. NET certainly benefitted from the general COVID-induced WFH dynamic during 2020, however, their new product launches also contributed to multiple expansion in a significant way. NET have moved so fast that Gartner haven’t even had time to update their Magic Quadrants, therefore we shall leave Gartner out of this observation. In just 16 months, NET has tripled their P/S mainly as a result of entering new markets. In January 2020, they entered into a $20bn market by announcing their offerings for Secure Web Gateways and Zero Trust products. In July 2020, they made a big move by making their edge compute Workers platform accessible to all developers; in October 2020 they officially launched their SASE offering; and then in March 2021, they introduced Magic WAN which has kind of created a new market altogether because NET is the first to offer a global private WAN.Figure 6 - NET's P/S JourneySource: Koyfin chart, Convequity analysisThere are plenty of other recent examples in which stocks have expanded multiples thanks to TAM expansion - Zscaler and Twilio to name a couple. An underlying driving factor enabling software companies to enter new markets with relative ease is the growth of cloud computing. The required capex to move into new markets is minimal in comparison to the pre-cloud era because software firms don’t need to purchase and implement more servers. Once an application is developed and ready to be deployed, they can scale it across the elastic supply of AWS, Azure, or GCP servers that provide all the necessary compute, networking, and storage requirements – and ramp-up or decrease capacity according to demand.As we point out in our articleS&P 500 is Undervalued, Tech is in a New Paradigm, cloud computing has altered the software industry’s competitive dynamics. It has radically lowered the entry barriers thereby making many software markets overcrowded - in 2007 there were 115 U.S. software stocks and today there are 284. This isn’t alarming as the numbers suggest because the cloud has opened up many greenfield markets, however, the cloud has ushered in a winner-takes-all dynamic into various markets also. And given the reach enabled by the cloud, the prize for the market winners is larger than it’s ever been before. At Asymmetric Tech Investments we aim to identify these future winners.Multiples & TAM RecapHere is a quick recap:There is evidence that a stock’s P/S is moderately correlated to revenue divided by TAM, or TAM penetration. This may appear obvious to some investors though doing this bit of research has helped us refine how we view a company’s market opportunity and shareholder investment prospects.There are many examples that illustrate how TAM expansion tends to increase stock multiples, or at least play a significant part.Cloud computing has made it easier than ever before for software firms to expand TAM.Taking this into account, the future looks incredibly bright for PLTR’s share price. As and when PLTR enter new markets and expand the company’s TAM, there is a high probability that the share price will climb driven by altering growth expectations. If it can be argued that PLTR’s software is already effectively doing stuff like Software Asset Management, Integrated Risk Management, and CRM, then the TAM should be higher than the current $119bn priced in. And if this is the case, PLTR’s multiple should adjust higher to reflect this in due course. Either way despite the perceived high P/S at present, it will probably persist or even rise from here, and over a longer timeframe we suspect PLTR’s multiple will decelerate at a much slower pace than many other high-growth software stocks.Lastly, not only does PLTR have the core software skills to enter almost any market, they are well and truly cloud-enabled following their partnerships with AWS and IBM. This will accelerate the TAM expansion for sure.What is PLTR Actually Good At?It might be easier to try and answer what they aren’t good at. All the information given in the S-1, the 10-k, and investor presentations, pertaining to what PLTR do can be somewhat overwhelming. At the same time, just labelling them a data analysis company is a gross oversimplification. To help us refine our understanding of PLTR’s scope, below we’ve categorized 4 areas, or pillars, in which we believe lays the foundation for all they do – Data Connectivity, Data, Analysis, Data Governance, and User Interface. We’re probably not alone in inferring that the underpinning to PLTR’s superior advantages is closely associated with these 4 pillars. Each of which appear to be in a transformative stage due to the world delving deeper into an era of hyperconnectivity. Within each category we listed things that PLTR are good at dealing with. By the time we had finished we realized the depth and sheer breadth of what they can do.Figure 7 – The 4 Pillars to PLTR’s Competitive EdgeSource: Convequity analysisAnd the only way we can surmise as to how they are capable of such depth and scope, is that they have the deepest understanding of the core principles of software engineering and have an amazing ability to leverage this to various platforms and technologies. Elon Musk’s advocacy for First Principles thinking springs to mind.Figure 8 - First Principles ThinkingSource:safalniveshak.comIt is these 4 pillars in which PLTR are building their moat around, and this foundation can be leveraged to enter almost any software market. Throw in the network effects within enterprise customers’ organization, across verticals (life sciences, airline industry, etc.), and within PLTR itself, it’s hard to envisage them losing their competitive lead.Recently I spoke to a friend who is an engineer at Rolls Royce who shed some light on how PLTR could help him in his job. Below is what he told me.“When designing a product, a RR engineer will spend ~25% of their time gathering and pre-processing data in order to perform a design study. Typically, the data is created by multiple teams, each working in different systems and supplying the data in different formats by differing means. For example, the stress engineer will supply speeds/temperatures/pressures in the form of an emailed spreadsheet. The aero engineer will supply geometry as a CAD file and a pressure map as a .csv file via a shared drive. The designer will supply geometric information and tolerances as a printed word document. All this data must be extracted and processed into a single format before the designer can do any analysis. Having all this data in one system would massively reduce the time spent processing data and would free up the designer to do the actual engineering.”Foundry would solve his problem by connecting to all the relevant data sources and standardizing the data ready for immediate analysis. The ramp-up in my friend’s productivity would be profound. Generally, it seems as though this type of problem involving data located across disjointed systems and existing in different formats has up until now been the main use case for Foundry. Increasingly, however, we’re hearing cases whereby Foundry has been laid atop an enterprise’s legacy systems and deliver what works like a brand-new IT infrastructure built from the ground up. For example, in the Double Click event, Forward Deploy Engineer, Liam Mawe, explained how a Foundry ERP archetype was installed for one industrial client that already had 25 ERP systems in operation that were largely siloed from each other. After a few hours of configuration, Foundry’s ERP had every single piece of data readily available. Mawe didn’t elaborate, though we presume Foundry’s ERP could carry on working in conjunction with the other ERP systems or work just as well should the client decide to remove them – which is more probable. This incredible flexibility is the key to the seemingly rapid customer acquisition of late – there is no rip and replace required, so the stakes are lower and as a result decision-makers are more willing to give PLTR a try.What’s Not Being Talked AboutFrom what we’ve read about PLTR, there hasn’t been any mention of the fact that they only added 6 customers in FY20 whilst growing revenue by 47%. This is staggering; and achieved by the 41% increase in revenue per customer, as shown in the chart below. When we think about the AWS and IBM cloud partnerships and the various press releases thus far into 2021, they could have tripled the FY20 new customer number in the first quarter alone. Couple that with another >20% increase in per customer revenue, it’s not beyond the realm of possibility for PLTR to grow revenue by 60% this year.Figure 9 - Net New Customer Additions in FY20Source: 10-k, Convequity analysisWe thought we’d have a go at forecasting 1Q21 revenue – which will be released before the market open on Tuesday 11thMay. We began by building up the revenue estimate based on available information such as the press releases thus far in 2021, balance sheet items such as deferred revenue and customer deposits, as well as off-balance sheet deal value which includes remaining performance obligations and contract renewal options. In the 3Q20 investor presentation we noticed the average contract duration was 3.6 years, so we used this to estimate what might come off deferred revenue and customer deposits and be recorded as income statement revenue. To estimate how much deal value might be transferred into revenue for 1Q21, we used a longer duration of 4.6 years. We infer that a small portion of deal value could skip the balance sheet and land straight on the income statement when customers renew their contracts. Of course, this is an oversimplification of how these financial items are linked together so the estimate might be way off. Nonetheless, based on all this, as shown below, we estimate 1Q21 revenue of $259m which, as a reminder, is derived from available information and has not accounted for unknowns. This is a shortfall of $73m versus the $332m consensus estimate. Given all the unknown revenue sources from the AWS and IBM deals and elsewhere, and the general confidence from management, it looks like PLTR are going to blow these forecasts out the water.Figure 10 - 1Q21 Revenue Estimates Based on Available InformationSource: 10-k, Convequity analysisImpressive Underlying EconomicsWe believe the greatest investment catalyst is tied to PLTR’s profitability potential; and this is because of the pervasive doubt of the business model viability at present. Management have heavily focused on contribution margin (that we’ll refer to as CM) in previous investor presentations. As the they presented in the 4Q20 presentation shown below, CM margin has more than doubled from FY19 to FY20. However, this could be skewed due to the low number of customer additions – only 6 in FY20. With this in mind we wanted to dig deeper in understanding how the underlying economics have really improved.Figure 11 - High-Level View of Contribution Margin and Gross MarginSource:4Q20 Investor PresentationManagement have presented the efficiency of the business by grouping customers into 3 phases – Acquire, Expand, and Scale – and in each phase, show how the CM changes within each group. To illustrate, take a look at the figures below, extracted from the S-1 and the 10-k. The customers in the Acquire Phase in FY19 (fiscal year-end 31stDec-21) generated a very negative CM. Those same customers, generated a 17% CM in FY20. The customers in the Expand Phase in FY19 generated -43% CM, and those same customers generated 47% CM in the following year. What’s important to note here, is that the Acquire Phase customers in FY19 will not be the same Acquire Phase customers in FY20 – they will become the Expand Phase customers (or potentially even the Scale Phase customers).Figure 12 - PLTR's Customer PhasesSource: PLTR’s S-1 and FY20 10-kOn the face of it, this looks impressive, but when we think deeper about it, this is what most SaaS/software firms are doing nowadays. The S&M expenditure to bring the customer to a company and the initial deployment and operational costs make the Acquire phase the costliest. At the same time, free trial or preliminary testing periods don’t generate much revenue. So, for any SaaS-type firm, negative CM is the case for the Acquire and the Expand phases and those same customers will become profitable at a later point in the relationship. We think investors are aware of this and this is why there doesn’t seem to be much online discussion about PLTR’s CM. Of course, investors could simply take the higher-level view of overall CM more than doubling in FY20, however, as aforementioned this is potentially skewed because of the few new customers acquired.What can be instantly gleaned from the above CM metrics, is that when the proportion of new customers joining PLTR is small in relation to existing customers the overall CM will be close to the Scale Phase CM. But perhaps that still doesn’t impressive investors enough, because it may take a few years to reach that state.Let’s go back to notion that the Acquire Phase customers in FY19 go on to be the Expand (or even Scale) Phase customers in FY20. This is useful but we wanted to see if we could compare the FY20 Acquire Phase with the FY19 Acquire Phase; and the FY20 Expand Phase with the FY19 Expand Phase; and the same for the Scale Phase. This cannot be derived from the data above. Therefore, we’ve had to dig deeper, scan for more information, and make some educated guesses to piece this together. Because knowing by how much the Expand Phase CM has improved from FY19 to FY20 would be really insightful and we don’t suspect many analysts have tried this so far so there is probably an information edge to be gained over the market.We show the analysis we did on this below, however,it may be easier for readers to access the actual spreadsheetto take a closer look. If you click the link make sure to download the spreadsheet to see all the comment boxes.What interests us the most in the spreadsheet, is the Expand Phase comparisons in FY19 and FY20. The 28% CM highlighted in yellow, under the FY20 Expand Cohort, is what we think the Expand Phase CM must have been in FY20. The equivalent CM in FY19 was -43%. This is a huge like-for-like improvement in the CM and indicates how PLTR has/is radically shortening the deployment phase of their software by utilizing their Apollo SaaS-installation. Personally, we think this is more insightful and meaningful than the overall CM presented which could be skewed, and also versus management’s presentation of the Acquire/Expand/Scale CMs.Figure 13 - Contribution Margin Like-for-Like ComparisonsSource: 10-k, Convequity analysisAnother way to view this is that customers are classified as Expand Phase customers when they’ve exceeded $100k in annualized revenue but CM is negative. If the FY19 Expand Phase CM was -43%, it indicates that the majority of these customers remained negative CM customers throughout FY19. If the FY20 Expand Phase CM is 28%, it indicates that the majority of these customers turned from negative to positive within the same year. Again, in our opinion, this is way more impressive than what PLTR’s management has presented to date.Lastly, in the final section of the spreadsheet, the Total CMs highlighted in gold text are actual and the ones in red are composed of actual and estimated figures. We can see that all the FY19 customers generated a weighted average CM of 23% in FY19, and then those same customers generated 58% CM in FY20. Going into FY21 we forecast that these same FY19 customers will generate 68% in CM. All the FY20 customers generated a CM of 54% in FY20, though had PLTR brought on board more new customers in FY20, the CM would be considerably lower. These same customers are estimated to generate 65% in CM in FY21 and then 75% in FY22.To conclude, PLTR’s current CM of 54% is already high, especially for a high growth software stock, yet it’s likely to move higher. We expect the AWS and IBM partnerships to give PLTR the scale to expand its margins. We think this should erase the doubt that PLTR will be highly profitable. The huge nonrecurring expenses related to the DPO and associated stock-based compensation and other opex categories have contributed to the appearance of an unprofitable business. As these costs normalize and PLTR further leverage Apollo’s SaaS installation/deployment, the CM will continue to rise and PLTR’s margins lower down the income statement will also look attractive.ValuationIn our previous article on PLTR we presented our DCF valuation for PLTR which arrived at a value per share of $47. We still have full faith in this valuation; however, it may take longer than we initially anticipated. And we partly assign this to the misunderstanding of the potential profitability of the stock. Therefore, for this section, we approached the valuation through a different lens. We’ve projected PLTR’s average revenue growth rate through FY25 and used possible P/S multiples in FY25.In the 4Q20 earnings call, management stated that they believe revenue growth will be above 30% each year through to FY25 – quite incredible considering the current TTM revenue of $1.1bn. Knowing this, below we’ve projected some arbitrary growth rates. We know FY20 growth was 47% and based off what management has stated, we’ll put FY25 growth as 30% as a minimum. Therefore, we’ve randomly decelerated from 47% to 30% for each year. The Compounded Annual Growth Rate, or CAGR, of this series of growth rates equals 34%. We shall use this for the valuation exercise.Figure 14 - Estimate for Average Revenue Growth Through FY25Source: Convequity analysisBy using this 34% average revenue growth rate (or CAGR) we calculate revenue will be $4.784bn in FY25/2025. Due to the natural growth expectations decline, we guess that the P/S will be 20x in 2025. ServiceNow’s is currently 20x whilst having TTM revenue of $4,500m, so this is plausible for exceptional companies. These parameters calculate a 2025 market cap of $96bn, a share price of $53.39, and an annualized return of 21%.Figure 15 - 2025 Market Cap ForecastSource: Convequity analysisBelow we show the 2025 share price sensitivity table with the 2025 P/S and the CAGR being the two variables. The probabilities are arbitrary just to express how likely we think the respective P/S metrics are in 2025. The share prices in purple text represent the range of what we think our estimation error is likely to be.Figure 16 - PLTR's 2025 Share Price Sensitivity TableSource: Convequity analysisIf management are correct with their growth prediction, then a P/S toward 30x would be fairer than a <20x P/S. However, even if PLTR only generate an average growth rate of 24% and the P/S is 14x at the end of 2025, at the current share price of ~$20 investors still wouldn’t have lost capital. Indeed, it would have been a disappointing investment, but it wouldn’t have lost money. This sensitivity table shows that, despite PLTR’s high multiple at present, the future returns look very appetizing.The next sensitivity table replaces the share price with the annualized return through to 2025.Figure 17 - PLTR's 2025 Annualized Return Sensitivity TableSource: Convequity analysisIn summary, even at the current high P/S of 34x, we consider it extremely unlikely that investors will lose money investing in PLTR now and holding through to 2025 – simply because of growth projections. Add in the impressive underlying economics, we believe this will prove to be a very good long-term investment.So, given the minimal downside and the attractive upside, PLTR is one of the most favourable reward-to-risk holdings in the Convequity Portfolio.ConclusionPLTR’s stock is going to be driven by a combination of changing TAM expectations, high growth, and impressive profitability in due course. Currently, it looks as though the market is underestimating all of these, so the future looks very bright, indeed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100064073,"gmtCreate":1619570112192,"gmtModify":1634211716179,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"Missed the boat. ","listText":"Missed the boat. ","text":"Missed the boat.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/100064073","repostId":"1187199105","repostType":4,"repost":{"id":"1187199105","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619566832,"share":"https://www.laohu8.com/m/news/1187199105?lang=&edition=full","pubTime":"2021-04-28 07:40","market":"us","language":"en","title":"AMD stock rises after earnings show data-center sales more than doubling","url":"https://stock-news.laohu8.com/highlight/detail?id=1187199105","media":"Tiger Newspress","summary":"AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in e","content":"<p>AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in extended session<img src=\"https://static.tigerbbs.com/174cfb55080b96346856b267d6c023ed\" tg-width=\"706\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year.</p><p>“In the first quarter, data-center product revenue more than doubled year-over-year and represented a high teens percentage of our overall revenue,” said AMD Chief Executive Lisa Su on a call with analysts. “We expect data-center product revenue to grow significantly as we go through the year driven by our strong pipeline of new cloud, enterprise and [high-performance computing] wins.”</p><p>Sales from enterprise embedded and semi-custom chips — the unit that includes data-center and gaming-console revenue — nearly quadrupled to $1.35 billion, compared with $348 million a year ago. Analysts surveyed by FactSet expected $1.3 billion. Su’s comments about data-center revenue were helpful asAMD does not break out data-center sales from gaming sales.</p><p>“I think we saw actually strong signals in the first quarter that it would be a strong data-center year for us,” Su told analysts.</p><p>Last week, Intel Corp said the data-center market was in a“digestion phase,”contributing to a 20% drop in sales for data centers, yetanalysts pointed to increased competition from AMD and ARM Holdings PLC.</p><p>AMD reported first-quarter net income of $555 million, or 45 cents a share, compared with $162 million, or 14 cents a share, in the year-ago period. After adjusting for stock-based compensation and other factors, the Santa Clara, Calif.-based company reported earnings of 52 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $3.45 billion from $1.79 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast adjusted earnings of 44 cents a share on revenue of $3.18 billion, and AMD projected between $3.1 billion and $3.3 billion.</p><p>AMD reported first-quarter sales of $2.1 billion for computing and graphics chips, up 46% from $1.44 billion last year, compared with analyst expectations of $1.89 billion.</p><p>Executives also increased AMD’s guidance for the full year, to a sales increase of about 50% from previous guidance of a roughly 37% increase. AMD reported revenue of $9.67 billion last year, suggesting sales of about $14.65 billion this year; analysts had been forecasting revenue of $13.46 billion, according to FactSet.</p><p>AMD expects second-quarter revenue of $3.5 billion to $3.7 billion, while analysts had been projecting $3.23 billion, according to FactSet.</p><p>Shares gained more than 3% in after-hours trading, following a 0.2% decline in the regular session to close at $85.21.</p><p>AMD’s strong earnings come amid a continuing shortage of microchips to sate demand from global industries, and the companies that make the silicon wafers that chip designs use, work to clear waiting lists that span several months.</p><p>More of how the chip sector is dealing with supply shortages will be revealed this week, with Qualcomm Inc.QCOM,-0.68%earnings on Wednesday and KLA Corp.KLAC,-1.58%earnings on Thursday.</p><p>Over the past 12 months, AMD shares have gained 51%. In comparison, the PHLX Semiconductor IndexSOX,-0.76%has gained 87%, the S&P 500 index has risen 54%, and the tech-heavy Nasdaq Composite Index is up 61%.</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>AMD stock rises after earnings show data-center sales more than doubling</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\">\nAMD stock rises after earnings show data-center sales more than doubling\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-28 07:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in extended session<img src=\"https://static.tigerbbs.com/174cfb55080b96346856b267d6c023ed\" tg-width=\"706\" tg-height=\"523\" referrerpolicy=\"no-referrer\">Advanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year.</p><p>“In the first quarter, data-center product revenue more than doubled year-over-year and represented a high teens percentage of our overall revenue,” said AMD Chief Executive Lisa Su on a call with analysts. “We expect data-center product revenue to grow significantly as we go through the year driven by our strong pipeline of new cloud, enterprise and [high-performance computing] wins.”</p><p>Sales from enterprise embedded and semi-custom chips — the unit that includes data-center and gaming-console revenue — nearly quadrupled to $1.35 billion, compared with $348 million a year ago. Analysts surveyed by FactSet expected $1.3 billion. Su’s comments about data-center revenue were helpful asAMD does not break out data-center sales from gaming sales.</p><p>“I think we saw actually strong signals in the first quarter that it would be a strong data-center year for us,” Su told analysts.</p><p>Last week, Intel Corp said the data-center market was in a“digestion phase,”contributing to a 20% drop in sales for data centers, yetanalysts pointed to increased competition from AMD and ARM Holdings PLC.</p><p>AMD reported first-quarter net income of $555 million, or 45 cents a share, compared with $162 million, or 14 cents a share, in the year-ago period. After adjusting for stock-based compensation and other factors, the Santa Clara, Calif.-based company reported earnings of 52 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $3.45 billion from $1.79 billion in the year-ago quarter.</p><p>Analysts surveyed by FactSet had forecast adjusted earnings of 44 cents a share on revenue of $3.18 billion, and AMD projected between $3.1 billion and $3.3 billion.</p><p>AMD reported first-quarter sales of $2.1 billion for computing and graphics chips, up 46% from $1.44 billion last year, compared with analyst expectations of $1.89 billion.</p><p>Executives also increased AMD’s guidance for the full year, to a sales increase of about 50% from previous guidance of a roughly 37% increase. AMD reported revenue of $9.67 billion last year, suggesting sales of about $14.65 billion this year; analysts had been forecasting revenue of $13.46 billion, according to FactSet.</p><p>AMD expects second-quarter revenue of $3.5 billion to $3.7 billion, while analysts had been projecting $3.23 billion, according to FactSet.</p><p>Shares gained more than 3% in after-hours trading, following a 0.2% decline in the regular session to close at $85.21.</p><p>AMD’s strong earnings come amid a continuing shortage of microchips to sate demand from global industries, and the companies that make the silicon wafers that chip designs use, work to clear waiting lists that span several months.</p><p>More of how the chip sector is dealing with supply shortages will be revealed this week, with Qualcomm Inc.QCOM,-0.68%earnings on Wednesday and KLA Corp.KLAC,-1.58%earnings on Thursday.</p><p>Over the past 12 months, AMD shares have gained 51%. In comparison, the PHLX Semiconductor IndexSOX,-0.76%has gained 87%, the S&P 500 index has risen 54%, and the tech-heavy Nasdaq Composite Index is up 61%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187199105","content_text":"AMD increases full-year revenue guidance after record quarterly sales, stock jumps more than 3% in extended sessionAdvanced Micro Devices Inc. shares rose in the extended session Tuesday after the chip maker said data-center revenue more than doubled to fuel record quarterly sales, and increased its revenue forecast for the year.“In the first quarter, data-center product revenue more than doubled year-over-year and represented a high teens percentage of our overall revenue,” said AMD Chief Executive Lisa Su on a call with analysts. “We expect data-center product revenue to grow significantly as we go through the year driven by our strong pipeline of new cloud, enterprise and [high-performance computing] wins.”Sales from enterprise embedded and semi-custom chips — the unit that includes data-center and gaming-console revenue — nearly quadrupled to $1.35 billion, compared with $348 million a year ago. Analysts surveyed by FactSet expected $1.3 billion. Su’s comments about data-center revenue were helpful asAMD does not break out data-center sales from gaming sales.“I think we saw actually strong signals in the first quarter that it would be a strong data-center year for us,” Su told analysts.Last week, Intel Corp said the data-center market was in a“digestion phase,”contributing to a 20% drop in sales for data centers, yetanalysts pointed to increased competition from AMD and ARM Holdings PLC.AMD reported first-quarter net income of $555 million, or 45 cents a share, compared with $162 million, or 14 cents a share, in the year-ago period. After adjusting for stock-based compensation and other factors, the Santa Clara, Calif.-based company reported earnings of 52 cents a share, compared with 18 cents a share in the year-ago period. Revenue rose to $3.45 billion from $1.79 billion in the year-ago quarter.Analysts surveyed by FactSet had forecast adjusted earnings of 44 cents a share on revenue of $3.18 billion, and AMD projected between $3.1 billion and $3.3 billion.AMD reported first-quarter sales of $2.1 billion for computing and graphics chips, up 46% from $1.44 billion last year, compared with analyst expectations of $1.89 billion.Executives also increased AMD’s guidance for the full year, to a sales increase of about 50% from previous guidance of a roughly 37% increase. AMD reported revenue of $9.67 billion last year, suggesting sales of about $14.65 billion this year; analysts had been forecasting revenue of $13.46 billion, according to FactSet.AMD expects second-quarter revenue of $3.5 billion to $3.7 billion, while analysts had been projecting $3.23 billion, according to FactSet.Shares gained more than 3% in after-hours trading, following a 0.2% decline in the regular session to close at $85.21.AMD’s strong earnings come amid a continuing shortage of microchips to sate demand from global industries, and the companies that make the silicon wafers that chip designs use, work to clear waiting lists that span several months.More of how the chip sector is dealing with supply shortages will be revealed this week, with Qualcomm Inc.QCOM,-0.68%earnings on Wednesday and KLA Corp.KLAC,-1.58%earnings on Thursday.Over the past 12 months, AMD shares have gained 51%. In comparison, the PHLX Semiconductor IndexSOX,-0.76%has gained 87%, the S&P 500 index has risen 54%, and the tech-heavy Nasdaq Composite Index is up 61%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374865621,"gmtCreate":1619438977663,"gmtModify":1634273496091,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>lets hope the release of the financial result will be beneficial","listText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>lets hope the release of the financial result will be beneficial","text":"$Apple(AAPL)$lets hope the release of the financial result will be beneficial","images":[{"img":"https://static.tigerbbs.com/3f2b9bf673b0afc6ed7ea68cdaea8ad7","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":1,"link":"https://laohu8.com/post/374865621","isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":174275820,"gmtCreate":1627106694860,"gmtModify":1631883880667,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>will I ever see green on this?","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>will I ever see green on this?","text":"$Huya Inc.(HUYA)$will I ever see green on this?","images":[{"img":"https://static.tigerbbs.com/ac37486feaaef9788e857a09d42a881d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/174275820","isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":175939250,"gmtCreate":1627001616070,"gmtModify":1631883880703,"author":{"id":"3569403940968947","authorId":"3569403940968947","name":"NgYH","avatar":"https://static.tigerbbs.com/1a33411f7cdef929afdd109035812745","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3569403940968947","authorIdStr":"3569403940968947"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>blood spurt","listText":"<a href=\"https://laohu8.com/S/HUYA\">$Huya Inc.(HUYA)$</a>blood spurt","text":"$Huya Inc.(HUYA)$blood spurt","images":[{"img":"https://static.tigerbbs.com/3461acc85b40d24f0ad48f696266bff1","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/175939250","isVote":1,"tweetType":1,"viewCount":155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}