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tyng8825
2021-12-13
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DWAC: Another Boring Legal Update On The SPAC Deal With Trump
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Here's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say
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14:04","market":"us","language":"en","title":"DWAC: Another Boring Legal Update On The SPAC Deal With Trump","url":"https://stock-news.laohu8.com/highlight/detail?id=1146616840","media":"Seeking Alpha","summary":"Summary\n\nA $1.0 billion PIPE convertible preferred stock financing deal was announced last week.\nTru","content":"<p><b>Summary</b></p>\n<ul>\n <li>A $1.0 billion PIPE convertible preferred stock financing deal was announced last week.</li>\n <li>Trump and his partners would receive new stock worth $7.14 billion, using the latest DWAC stock price of $56.</li>\n <li>DWAC public shareholders would receive approximately 13.8% of the stock in the merged company, using the latest DWAC stock price.</li>\n <li>The potential number of shares under the conversion of the preferred stock is very complex and could impact who controls the company.</li>\n <li>A limited amount of financial projections were included in their recent 8-K filing.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/da0044f3489162e35a6f39b13f7c6206\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Onfokus/iStock Unreleased via Getty Images</span></p>\n<p>While a Form S-4 has still not been filed with the SEC for the Digital World Acquisition Company's (DWAC) deal with Donald Trump, there was an 8-K filing on December 6 regarding a $1.0 billion PIPE financing deal that included a number of updated details about the proposed merger. There were, however, a number of incorrect statements made by inventors on social media platforms about these details that I hope will be clarified in this article. I will again try just to stick to the legal and financial issues, but there are a few new political issues that need to be covered as well.</p>\n<p><b>The Value Of How Much Trump Is Getting</b></p>\n<p>One of the problems for investors and the general public is the constant statements in DWAC's press release about acquiring Trump Media & Technology Group for the \"initial purchase price of $875 million in shares of DWAC\". That $875 million uses $10 per DWAC share-it is not based on the current DWAC trading price, which is about $56. That $875 million also does not include potential \"earnouts\" of an additional 15 million shares if the stock of the new company trades at least $15 after the merger, plus another 15 million shares if it trades at $20, and an additional 10 million shares if it trades at $30.<b>If the stock of the new company trades at the current price of $56, Trump and his group of investors would be paid 127.5 million shares worth about $7.14 billion</b>. This is a huge difference than the headline number of $875 million. The lower number, in my opinion, is less likely to raise outrage by various media organizations that hold a negative opinion of former President Trump.</p>\n<p>In my prior DWAC article I estimated that Trump could receive up to 125.78 million shares based on DWAC's anticipated redemption price of $10.20 as stated on page 23 of their S-1A filing. Their figures in the latest filing seem to be using a $10 price instead of $10.20. The $0.20 difference results in an additional 1.72 million shares or about $96.3 million paid to Trump using the current $56 stock price.</p>\n<p><b>$1.0 Billion PIPE Financing</b></p>\n<p>Their December 6 SEC 8-K contains information about their proposed $1.0 billion convertible preferred stock PIPE financing. These preferred shares are being purchased by a group of institutional investors and are initially convertible into 29,761,905 shares of the newly merged company's stock at an initial conversion price of $33.60 per share. The $33.60 figure was a 20% discount to the VWAP price of DWAC stock 5 days before and including December 1, 2021.</p>\n<p><b>This $33.60 is subject to a potential adjustment. This is critical for DWAC investors to understand.</b>If the new stock 10-day VWAP is at or above $56 there is no adjustment. If the average price is below $56, the conversion price is adjusted 40% lower to as low as $10 per share and $10 per share would mean the holders of the preferred stock could be converted into 100 million shares. For example, if the average trading price is $40, the conversion price would be $24 and the preferred holds could convert into 41.66 million shares of the new stock. The important issue for DWAC holders is that the more shares of the new company preferred shareholders receive, DWAC shares would be diluted.</p>\n<p>It is ironic that the holders of the preferred stock actually hope that for the first 10 trading days after the merger that the new stock plunges in price. The lower the price the more shares they will receive when they convert their preferred stock, if the new stock is trading below $56. If it trades above $56 there would be no impact.</p>\n<p>The potential 100 million share amount has caused confusion, especially the way it was presented in the 8-K filing. At first glance, it looks like the total shares of the new company will be 224.7 million. As stated on the top of their table \"based on $10/share\". (See table below.) If the average share price is higher than $10 then this 100 million and the total figure would be lower.</p>\n<p>Using the 29,761,905 share number from converting the preferred shares, based on the initial price of $33.60, and the current DWAC stock price of $56, the total current market value is about $1.67 billion. Now some may assert that the $33.60 is way too favorable of a price, but the reality is that many PIPE financing deals use $10 per share. PIPE financing in SPAC deals is usually not cheap because of the very high risks associated with many SPAC deals. Just look at the BuzzFeed (BZFD) deal with the new stock dropping about 40% within days after the SPAC merger with BuzzFeed. The value of BuzzFeed's PIPE financing of $150 million convertible bonds dropped as well.</p>\n<p>(Note: I wrote a SA article on the major issues associated with the BuzzFeed SPAC deal, but because of issues regarding the content of the article about points I was asserting, it may not be approved by senior SA management. It is still pending and if it is not published as a SA article, I will post it as a Blog post instead with a link in the comment area below.)</p>\n<p>I am personally relieved to know that Trump is not issuing a large debt security to raise cash as part of their initial SPAC deal. He has a reputation for using a lot of debt in his business operations. The use of convertible preferred stock is a more conservative financing approach to raising needed cash than issuing debt. I do, however, expect debt will eventually be used to grow their business model.</p>\n<p><b>Enterprise Value And Shares Outstanding</b></p>\n<p>Some people seem confused by the enterprise value. The $12.2836 in the table below, assuming a full earnout, is not some estimated enterprise value based on a financial advisor's estimate, it was determined based on the market price of DWAC stock of $72.76 and DWACW warrant price of $37.04 on October 28. Using the $72.26 stock price and $12.984 billion equity value, they are using 178.46 million for shares outstanding in their calculations. This is somewhat larger than the 177.7 million I estimated in my last article. Most of the difference can be explained by using $10.00 instead of $10.20 as I explained above.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d0ced8383be89bc685a040e3ca9e32d0\" tg-width=\"564\" tg-height=\"190\" width=\"100%\" height=\"auto\"><span>Source: 8-K</span></p>\n<p>Using the latest DWAC stock price of $56, the equity value is $9.994 billion and the warrant value is $$274 million using the last DWACW price of $18.35. The enterprise value is $$9.014 billion using these prices.</p>\n<p>The 178.46 million shares do not include the shares from any conversion of the preferred stock. This number will not be known until 10 days after the trading of the new stock. Assuming the average stock price is above $56, there would be an additional 29,761,905 shares or about 208.22 million total shares outstanding. Using that total number of shares and 28.8 million shares that DWAC public shareholders will receive under the merger, DWAC public shareholders will receive approximately 13.8% of the new company's stock.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/82d2d05096b65f829682c8de4882335c\" tg-width=\"564\" tg-height=\"285\" width=\"100%\" height=\"auto\"><span>Source: 8-K</span></p>\n<p>There was actually no \"1\" footnote reference in their filing from this table, so I am uncertain how they determined the 13.7 million shares and 7.4% ownership for PIPE investors. This difference also impacts their 14.9% ownership number for DWAC public shareholders.</p>\n<p>The 12.8% ownership number for public DWAC shareholders in the above table assumes a $10 average stock trading price after the merger. It is interesting to note that if the average stock price after the merger trades close to $10, the PIPE institutional preferred shareholders collectively would control the new company and not Trump. Using $10, the preferred shareholders would control 44.5% and Trump would only control 38.9%. (If I were to structure this deal I would have issued at least some Class B shares to Trump with the voting power of 20 votes compared to 1 vote for Class A shareholders to make sure that Trump will control the company. I seriously doubt it will trade near $10, but I am always very careful when I structure deals.)</p>\n<p><b>Business Model Projections</b></p>\n<p>Given Donald Trump's salesmanship approach to his business ventures, it is not surprising that comparing this new media company to very successful media companies such as Disney (DIS) and Facebook (FB) is being used in their presentations.</p>\n<p>The major problem I have with their presentation and projections is that their focus seems almost all on revenue. While you need revenue to make a profit and get positive cash-flow from operations, it does not necessarily mean that the venture will be profitable. The metric enterprise value/revenue that became popular in the late 1990's for these types of businesses is not a true indication of value, in my opinion. I want to see growth in net earnings per share or cash-flow per share. Many companies have had very high revenue growth just before they filed for Ch.11 bankruptcy because they burned a lot of cash to achieve this high revenue growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f1ad02abbf9a23100252e101cf2e8cea\" tg-width=\"640\" tg-height=\"308\" width=\"100%\" height=\"auto\"><span>Source: 8-K</span></p>\n<p>The number of users of their Truth business sector is projected to reach 81 million by 2026 based on a poll of registered voters by Politico, according to their presentation material. These numbers seem to ignore the huge number of international followers of Trump. Their market research studies should, in my opinion, focus not only on the U.S., but internationally, in order not to miss a very large potential market. This 81 million could, therefore, be much higher if international users are included.</p>\n<p>TMTG subscribers are projected to be 40 million by 2026 with a projected $9.00 monthly subscription fee. It seems that this projection includes both domestic and international potential subscribers based on their basis of this projection. This may seem high because many consumers are reluctant to pay monthly fees, but monthly fees have become the norm lately. Even Seeking Alpha changed their business model to charging fees for their premium program to read articles. Many SA contributors, including myself, were worried that this would have a negative impact on the SA business model. It has actually been very successful for SA and payments to SA article writers.</p>\n<p>I am assuming that their S-4 filing, which I am expecting soon, will contain projections for EBITDA and cash-flow. Trump usually likes to make very positive assertions and projections, but the SEC standards for these S-4 filings require fairly conservative projections. (Note: I did think that BuzzFeed's EBITDA projections in their S-4 filing were irrational based on their current and historic poor results. So, in my opinion, these financial projections are not always conservative or even rational.) DWAC investors may be disappointed in the projections in the S-4 filing and I am not sure the impact these numbers could have on DWAC stock price.</p>\n<p><b>Potential Delay In The Merger Deal</b></p>\n<p>The original timetable I used for completing this SPAC merger deal was the end of 1Q 2022 and in their December 6 filing there was an item contained in their late October presentation material that stated \"expected transaction close is 1Q 2022\". Given the SEC investigation mentioned in their 8-K filing and Sen. Warren's attempt to block the deal, it is unclear if this deal could drag on and on in an attempt to kill it with delays. These actions by the SEC and Sen Warren come as no surprise and impacted my original \"neutral\" rating for DWAC stock. The recent selection of Congressman Devin Nunes as CEO could make the approval process of the Form S-4 by the SEC even more political.</p>\n<p><b>Conclusion</b></p>\n<p>The $1 billion deal is only the beginning of the capital needed to grow the new company. I was encouraged that they did not initially use debt as a way to raise cash. While their presentation material was interesting, I am waiting for EBITDA and cash-flow projections that should be contained in their S-4 filing. Until I read those projections I am keeping my neutral rating for DWAC stock and warrants.</p>\n<p>Hopefully this article clears-up some statements by others about shares outstanding and the conversion feature in the preferred stock. I actually expect the numbers in the S-4 will cause even more confusion when it is filled.</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>DWAC: Another Boring Legal Update On The SPAC Deal With Trump</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\">\nDWAC: Another Boring Legal Update On The SPAC Deal With Trump\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-13 14:04 GMT+8 <a href=https://seekingalpha.com/article/4474783-dwac-stock-legal-update-spac-deal-trump><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nA $1.0 billion PIPE convertible preferred stock financing deal was announced last week.\nTrump and his partners would receive new stock worth $7.14 billion, using the latest DWAC stock price ...</p>\n\n<a href=\"https://seekingalpha.com/article/4474783-dwac-stock-legal-update-spac-deal-trump\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4474783-dwac-stock-legal-update-spac-deal-trump","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146616840","content_text":"Summary\n\nA $1.0 billion PIPE convertible preferred stock financing deal was announced last week.\nTrump and his partners would receive new stock worth $7.14 billion, using the latest DWAC stock price of $56.\nDWAC public shareholders would receive approximately 13.8% of the stock in the merged company, using the latest DWAC stock price.\nThe potential number of shares under the conversion of the preferred stock is very complex and could impact who controls the company.\nA limited amount of financial projections were included in their recent 8-K filing.\n\nOnfokus/iStock Unreleased via Getty Images\nWhile a Form S-4 has still not been filed with the SEC for the Digital World Acquisition Company's (DWAC) deal with Donald Trump, there was an 8-K filing on December 6 regarding a $1.0 billion PIPE financing deal that included a number of updated details about the proposed merger. There were, however, a number of incorrect statements made by inventors on social media platforms about these details that I hope will be clarified in this article. I will again try just to stick to the legal and financial issues, but there are a few new political issues that need to be covered as well.\nThe Value Of How Much Trump Is Getting\nOne of the problems for investors and the general public is the constant statements in DWAC's press release about acquiring Trump Media & Technology Group for the \"initial purchase price of $875 million in shares of DWAC\". That $875 million uses $10 per DWAC share-it is not based on the current DWAC trading price, which is about $56. That $875 million also does not include potential \"earnouts\" of an additional 15 million shares if the stock of the new company trades at least $15 after the merger, plus another 15 million shares if it trades at $20, and an additional 10 million shares if it trades at $30.If the stock of the new company trades at the current price of $56, Trump and his group of investors would be paid 127.5 million shares worth about $7.14 billion. This is a huge difference than the headline number of $875 million. The lower number, in my opinion, is less likely to raise outrage by various media organizations that hold a negative opinion of former President Trump.\nIn my prior DWAC article I estimated that Trump could receive up to 125.78 million shares based on DWAC's anticipated redemption price of $10.20 as stated on page 23 of their S-1A filing. Their figures in the latest filing seem to be using a $10 price instead of $10.20. The $0.20 difference results in an additional 1.72 million shares or about $96.3 million paid to Trump using the current $56 stock price.\n$1.0 Billion PIPE Financing\nTheir December 6 SEC 8-K contains information about their proposed $1.0 billion convertible preferred stock PIPE financing. These preferred shares are being purchased by a group of institutional investors and are initially convertible into 29,761,905 shares of the newly merged company's stock at an initial conversion price of $33.60 per share. The $33.60 figure was a 20% discount to the VWAP price of DWAC stock 5 days before and including December 1, 2021.\nThis $33.60 is subject to a potential adjustment. This is critical for DWAC investors to understand.If the new stock 10-day VWAP is at or above $56 there is no adjustment. If the average price is below $56, the conversion price is adjusted 40% lower to as low as $10 per share and $10 per share would mean the holders of the preferred stock could be converted into 100 million shares. For example, if the average trading price is $40, the conversion price would be $24 and the preferred holds could convert into 41.66 million shares of the new stock. The important issue for DWAC holders is that the more shares of the new company preferred shareholders receive, DWAC shares would be diluted.\nIt is ironic that the holders of the preferred stock actually hope that for the first 10 trading days after the merger that the new stock plunges in price. The lower the price the more shares they will receive when they convert their preferred stock, if the new stock is trading below $56. If it trades above $56 there would be no impact.\nThe potential 100 million share amount has caused confusion, especially the way it was presented in the 8-K filing. At first glance, it looks like the total shares of the new company will be 224.7 million. As stated on the top of their table \"based on $10/share\". (See table below.) If the average share price is higher than $10 then this 100 million and the total figure would be lower.\nUsing the 29,761,905 share number from converting the preferred shares, based on the initial price of $33.60, and the current DWAC stock price of $56, the total current market value is about $1.67 billion. Now some may assert that the $33.60 is way too favorable of a price, but the reality is that many PIPE financing deals use $10 per share. PIPE financing in SPAC deals is usually not cheap because of the very high risks associated with many SPAC deals. Just look at the BuzzFeed (BZFD) deal with the new stock dropping about 40% within days after the SPAC merger with BuzzFeed. The value of BuzzFeed's PIPE financing of $150 million convertible bonds dropped as well.\n(Note: I wrote a SA article on the major issues associated with the BuzzFeed SPAC deal, but because of issues regarding the content of the article about points I was asserting, it may not be approved by senior SA management. It is still pending and if it is not published as a SA article, I will post it as a Blog post instead with a link in the comment area below.)\nI am personally relieved to know that Trump is not issuing a large debt security to raise cash as part of their initial SPAC deal. He has a reputation for using a lot of debt in his business operations. The use of convertible preferred stock is a more conservative financing approach to raising needed cash than issuing debt. I do, however, expect debt will eventually be used to grow their business model.\nEnterprise Value And Shares Outstanding\nSome people seem confused by the enterprise value. The $12.2836 in the table below, assuming a full earnout, is not some estimated enterprise value based on a financial advisor's estimate, it was determined based on the market price of DWAC stock of $72.76 and DWACW warrant price of $37.04 on October 28. Using the $72.26 stock price and $12.984 billion equity value, they are using 178.46 million for shares outstanding in their calculations. This is somewhat larger than the 177.7 million I estimated in my last article. Most of the difference can be explained by using $10.00 instead of $10.20 as I explained above.\nSource: 8-K\nUsing the latest DWAC stock price of $56, the equity value is $9.994 billion and the warrant value is $$274 million using the last DWACW price of $18.35. The enterprise value is $$9.014 billion using these prices.\nThe 178.46 million shares do not include the shares from any conversion of the preferred stock. This number will not be known until 10 days after the trading of the new stock. Assuming the average stock price is above $56, there would be an additional 29,761,905 shares or about 208.22 million total shares outstanding. Using that total number of shares and 28.8 million shares that DWAC public shareholders will receive under the merger, DWAC public shareholders will receive approximately 13.8% of the new company's stock.\nSource: 8-K\nThere was actually no \"1\" footnote reference in their filing from this table, so I am uncertain how they determined the 13.7 million shares and 7.4% ownership for PIPE investors. This difference also impacts their 14.9% ownership number for DWAC public shareholders.\nThe 12.8% ownership number for public DWAC shareholders in the above table assumes a $10 average stock trading price after the merger. It is interesting to note that if the average stock price after the merger trades close to $10, the PIPE institutional preferred shareholders collectively would control the new company and not Trump. Using $10, the preferred shareholders would control 44.5% and Trump would only control 38.9%. (If I were to structure this deal I would have issued at least some Class B shares to Trump with the voting power of 20 votes compared to 1 vote for Class A shareholders to make sure that Trump will control the company. I seriously doubt it will trade near $10, but I am always very careful when I structure deals.)\nBusiness Model Projections\nGiven Donald Trump's salesmanship approach to his business ventures, it is not surprising that comparing this new media company to very successful media companies such as Disney (DIS) and Facebook (FB) is being used in their presentations.\nThe major problem I have with their presentation and projections is that their focus seems almost all on revenue. While you need revenue to make a profit and get positive cash-flow from operations, it does not necessarily mean that the venture will be profitable. The metric enterprise value/revenue that became popular in the late 1990's for these types of businesses is not a true indication of value, in my opinion. I want to see growth in net earnings per share or cash-flow per share. Many companies have had very high revenue growth just before they filed for Ch.11 bankruptcy because they burned a lot of cash to achieve this high revenue growth.\nSource: 8-K\nThe number of users of their Truth business sector is projected to reach 81 million by 2026 based on a poll of registered voters by Politico, according to their presentation material. These numbers seem to ignore the huge number of international followers of Trump. Their market research studies should, in my opinion, focus not only on the U.S., but internationally, in order not to miss a very large potential market. This 81 million could, therefore, be much higher if international users are included.\nTMTG subscribers are projected to be 40 million by 2026 with a projected $9.00 monthly subscription fee. It seems that this projection includes both domestic and international potential subscribers based on their basis of this projection. This may seem high because many consumers are reluctant to pay monthly fees, but monthly fees have become the norm lately. Even Seeking Alpha changed their business model to charging fees for their premium program to read articles. Many SA contributors, including myself, were worried that this would have a negative impact on the SA business model. It has actually been very successful for SA and payments to SA article writers.\nI am assuming that their S-4 filing, which I am expecting soon, will contain projections for EBITDA and cash-flow. Trump usually likes to make very positive assertions and projections, but the SEC standards for these S-4 filings require fairly conservative projections. (Note: I did think that BuzzFeed's EBITDA projections in their S-4 filing were irrational based on their current and historic poor results. So, in my opinion, these financial projections are not always conservative or even rational.) DWAC investors may be disappointed in the projections in the S-4 filing and I am not sure the impact these numbers could have on DWAC stock price.\nPotential Delay In The Merger Deal\nThe original timetable I used for completing this SPAC merger deal was the end of 1Q 2022 and in their December 6 filing there was an item contained in their late October presentation material that stated \"expected transaction close is 1Q 2022\". Given the SEC investigation mentioned in their 8-K filing and Sen. Warren's attempt to block the deal, it is unclear if this deal could drag on and on in an attempt to kill it with delays. These actions by the SEC and Sen Warren come as no surprise and impacted my original \"neutral\" rating for DWAC stock. The recent selection of Congressman Devin Nunes as CEO could make the approval process of the Form S-4 by the SEC even more political.\nConclusion\nThe $1 billion deal is only the beginning of the capital needed to grow the new company. I was encouraged that they did not initially use debt as a way to raise cash. While their presentation material was interesting, I am waiting for EBITDA and cash-flow projections that should be contained in their S-4 filing. Until I read those projections I am keeping my neutral rating for DWAC stock and warrants.\nHopefully this article clears-up some statements by others about shares outstanding and the conversion feature in the preferred stock. I actually expect the numbers in the S-4 will cause even more confusion when it is filled.","news_type":1},"isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600497018,"gmtCreate":1638183862457,"gmtModify":1638183863107,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/600497018","repostId":"2187329491","repostType":2,"repost":{"id":"2187329491","pubTimestamp":1638140520,"share":"https://www.laohu8.com/m/news/2187329491?lang=&edition=full","pubTime":"2021-11-29 07:02","market":"us","language":"en","title":"Here's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say","url":"https://stock-news.laohu8.com/highlight/detail?id=2187329491","media":"MarketWatch","summary":"The new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index and the Nasdaq Composite and sent the Dow Jones Industrial Average down by the most in a day since Oct. 28, 2020.What isn't clear is whether the latest coronavirus development will do","content":"<p>OMG, omicron!</p>\n<p>The new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index and the Nasdaq Composite and sent the Dow Jones Industrial Average down by the most in a day since Oct. 28, 2020.</p>\n<p>WHO said that the omicron variant, which has been detected in Belgium, Israel, and Hong Kong and was first identified in southern parts of Africa, is more transmissible than the delta strain that is currently dominant world-wide, and other variants.</p>\n<p>The emergence of the new strain led to the White House announcing restrictions, starting on Monday, on travel for non-U.S. citizens and residents from South Africa, as well as from Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique, and Malawi, joining the European Union, the U.K., Singapore and Japan, which also announced similar travel bans.</p>\n<p>The market selloff during the abbreviated Black Friday session and the commensurate flight to assets that investors hope will perform better amid fresh mobility restrictions, helped to overshadow the usual focus on retail, on a day associated with heavy consumer spending ahead of the Christmas holiday. Friday's downturn also offered a crystal clear reminder that the path of the market and economy hinges on the course of COVID.</p>\n<p>What isn't clear is whether the latest coronavirus development will do lasting harm to the complexion of the market. Omicron comes at a fragile time for optimistic investors, with bears pointing to lofty stock market valuations, inflation worries and global economic growth concerns as reasons to expect a drawdown in equities that have managed to avoid a decline from a peak of more than 5%.</p>\n<p>In theory, Friday's post-Thanksgiving environment is traditionally lightly traded and therefore more susceptible to outsize price swings.</p>\n<p>The Nasdaq saw its lowest volume of the year on Black Friday, with 3.479 billion shares trading hands, well below the year-to-date average of 5.099 billion. The total composite volume, including trading on Intercontinental Exchange -owned NYSE platforms, was 8.760 billion, compared with an year-to-date average of 11.196 billion, according to Dow Jones Market Data.</p>\n<p>Still, only time will tell whether the reaction to omicron is a textbook, knee-jerk selloff or something more sinister.</p>\n<p>MarketWatch's Bill Watts wrote, citing Friday research from Mark Arbeter of Arbeter Investments, that the next level of support to watch for the S&P 500 after closing at 4,594,62 on Friday is at 4,570, the 50-day exponential average; 4,566, the 38.2% retracement of the rally; and 4,550, a previous high from early September.</p>\n<p>\"It is too early to know to what extent the new variant will affect economies and markets, and Friday's market moves have probably been exacerbated by reduced liquidity owing to the US Thanksgiving holiday, and the risk that further bad news emerges over the weekend,\" writes Jonas Goltermann senior markets economist at Capital Economics, in a Friday research note.</p>\n<p>J.C. Parets of the All Star Charts blog writes that things could get dicey if the S&P 500 is driven below 4,500, with little support beneath that point.</p>\n<p>\"You know how parents always tell you nothing good ever happens after midnight? Well in the S&P 500, nothing good happens below 4500,\" he writes in a Friday blog.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccfdc3ebd8825870bc713469baf0d1b2\" tg-width=\"700\" tg-height=\"355\" referrerpolicy=\"no-referrer\"><span>All Star Charts</span></p>\n<p>\"If we're below that then there is a probably a much bigger problem out there, and the heaviest cash positions in 18 months would be warranted,\" Parets writes.</p>\n<p>Some analysts say that there are legitimate reasons for unease, on the public health front.</p>\n<p>\"The fact that this variant seems to be spreading much faster than previous versions (including the Delta variant) bears very careful monitoring,\" wrote Michael Strobaek, global chief investment officer at Credit Suisse, in a research note. There are some questions about the effectiveness of existing COVID vaccines from Pfizer and Moderna due to the number of mutations that the omicron variant bears on the spike protein. The spike protein is the part of the virus targeted by COVID-19 vaccines.</p>\n<p>Analyst at Jefferies led by analyst Sean Darby note that risk-appetite was already edging lower before Black Friday and the selloff may have been a \"tipping point\" in favor of caution and risk moderation.</p>\n<p>\"The news of a new or not so new COVID variant spreading in Southern Africaappears to have been the tipping point in altering risk appetite in the past 24 hours,\" the Jefferies analyst wrote.</p>\n<p>\"However, there has been a sea change in risk variables over the past month -- anincreasing number of 'tailed treasury auctions', declining equity market breadth andthe imperceptible change in US retail appetite that seems to have gone unnoticed.Positioning in global equities is one of the most aggressive in US history,\" according to Darby and his colleagues.</p>\n<p>Jefferies research suggests that investors are now expecting that the Federal Reserve, under renominated Chairman Jerome Powell, will hasten the pace of reductions in the central bank's asset purchases, which will lead to tighter financial conditions that could prove unfavorable to risky assets. Goldman Sachs sees the Fed stepping up tapering to $30 billion a month from a reduction of $15 billion, and estimates three policy interest rate increases in 2022, up from two.</p>\n<p>\"Ultimately the Sharpe ratio -- a measure of return per unit of risk -- isturning for global equities. We expect the gap between the performance of risky and safe haven assets to diminish,\" Jefferies wrote.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a2b6cd6fadb4dd80d04e06539404155\" tg-width=\"699\" tg-height=\"203\" referrerpolicy=\"no-referrer\"><span>via Jefferies</span></p>\n<p>The situation could still prove a buying opportunity for bold investors, however.</p>\n<p>Strobaek wrote that \"risk assets such as equities are likely to give back some strength, but we would see this as an opportunity in selective and specific areas.\"</p>\n<p>\"At this point, we reiterate our assessment from the latest Investment Committee report, i.e. keeping equities at a small overweight in portfolios and government bonds at an underweight,\" the Credit Suisse CIO writes.</p>\n<p>Analysts at Citigroup also said that \"we would buy into any dip,\" noting that its bearish checklist doesn't indicate significant red flags. \"Valuations look stretched, but other factors (credit spreads, fund flows) are not yet especially extended,\" Citi writes, with 7.5 out of 18 red flags triggered in its measures of global markets while the U.S. is seeing 9.5 of 18.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4fba734970a8c977a13d6972402b65f\" tg-width=\"700\" tg-height=\"417\" referrerpolicy=\"no-referrer\"><span>Citi Research</span></p>\n<p>Greg Bassuk, CEO at AXS Investments in Port Chester, NY says that the end-of-week selling may have resulted in a Black Friday sale for stock-market investors.</p>\n<p>\"Black Friday is typically the unofficial kick-off to the annual holiday shopping season. But we believe the real shopping is for stocks that are beaten-down from Covid infection spikes, inflation fears, and supply chain woes, but that still possess strong fundamentals that will drive their gains as the economy ultimately reopens,\" he wrote</p>\n<p>That said, some analysts note that the lockdowns playing out in Europe and the spread of COVID, even before the omicron declaration, were reasons to be cautious since they will impact the global growth outlook.</p>\n<p>Either way, it seems that a degree of caveat emptor may be in force next week and could color trading for the remainder of the 2021.</p>\n<p>Trading on Monday will help determine whether bullishness persists or if a bearish phase is crystallizing.</p>\n<p>It will be a week focused on the state of employment, with the November U.S. jobs report due at the end of the week and Powell and others offering their final thoughts before a media blackout period starting ahead of the Federal Open Market Committee's final meeting of 2021 on Dec. 14-15.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-29 07:02 GMT+8 <a href=https://www.marketwatch.com/story/heres-what-the-black-friday-carnage-may-mean-for-the-stock-markets-trade-monday-analysts-say-11638021516?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OMG, omicron!\nThe new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how ...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-what-the-black-friday-carnage-may-mean-for-the-stock-markets-trade-monday-analysts-say-11638021516?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4112":"金融交易所和数据",".SPX":"S&P 500 Index","ICE":"洲际交易所","BK4534":"瑞士信贷持仓","BK4139":"生物科技","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4568":"美国抗疫概念","MRNA":"Moderna, Inc.","BK4007":"制药",".DJI":"道琼斯","BK4532":"文艺复兴科技持仓","PFE":"辉瑞",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/heres-what-the-black-friday-carnage-may-mean-for-the-stock-markets-trade-monday-analysts-say-11638021516?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2187329491","content_text":"OMG, omicron!\nThe new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index and the Nasdaq Composite and sent the Dow Jones Industrial Average down by the most in a day since Oct. 28, 2020.\nWHO said that the omicron variant, which has been detected in Belgium, Israel, and Hong Kong and was first identified in southern parts of Africa, is more transmissible than the delta strain that is currently dominant world-wide, and other variants.\nThe emergence of the new strain led to the White House announcing restrictions, starting on Monday, on travel for non-U.S. citizens and residents from South Africa, as well as from Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique, and Malawi, joining the European Union, the U.K., Singapore and Japan, which also announced similar travel bans.\nThe market selloff during the abbreviated Black Friday session and the commensurate flight to assets that investors hope will perform better amid fresh mobility restrictions, helped to overshadow the usual focus on retail, on a day associated with heavy consumer spending ahead of the Christmas holiday. Friday's downturn also offered a crystal clear reminder that the path of the market and economy hinges on the course of COVID.\nWhat isn't clear is whether the latest coronavirus development will do lasting harm to the complexion of the market. Omicron comes at a fragile time for optimistic investors, with bears pointing to lofty stock market valuations, inflation worries and global economic growth concerns as reasons to expect a drawdown in equities that have managed to avoid a decline from a peak of more than 5%.\nIn theory, Friday's post-Thanksgiving environment is traditionally lightly traded and therefore more susceptible to outsize price swings.\nThe Nasdaq saw its lowest volume of the year on Black Friday, with 3.479 billion shares trading hands, well below the year-to-date average of 5.099 billion. The total composite volume, including trading on Intercontinental Exchange -owned NYSE platforms, was 8.760 billion, compared with an year-to-date average of 11.196 billion, according to Dow Jones Market Data.\nStill, only time will tell whether the reaction to omicron is a textbook, knee-jerk selloff or something more sinister.\nMarketWatch's Bill Watts wrote, citing Friday research from Mark Arbeter of Arbeter Investments, that the next level of support to watch for the S&P 500 after closing at 4,594,62 on Friday is at 4,570, the 50-day exponential average; 4,566, the 38.2% retracement of the rally; and 4,550, a previous high from early September.\n\"It is too early to know to what extent the new variant will affect economies and markets, and Friday's market moves have probably been exacerbated by reduced liquidity owing to the US Thanksgiving holiday, and the risk that further bad news emerges over the weekend,\" writes Jonas Goltermann senior markets economist at Capital Economics, in a Friday research note.\nJ.C. Parets of the All Star Charts blog writes that things could get dicey if the S&P 500 is driven below 4,500, with little support beneath that point.\n\"You know how parents always tell you nothing good ever happens after midnight? Well in the S&P 500, nothing good happens below 4500,\" he writes in a Friday blog.\nAll Star Charts\n\"If we're below that then there is a probably a much bigger problem out there, and the heaviest cash positions in 18 months would be warranted,\" Parets writes.\nSome analysts say that there are legitimate reasons for unease, on the public health front.\n\"The fact that this variant seems to be spreading much faster than previous versions (including the Delta variant) bears very careful monitoring,\" wrote Michael Strobaek, global chief investment officer at Credit Suisse, in a research note. There are some questions about the effectiveness of existing COVID vaccines from Pfizer and Moderna due to the number of mutations that the omicron variant bears on the spike protein. The spike protein is the part of the virus targeted by COVID-19 vaccines.\nAnalyst at Jefferies led by analyst Sean Darby note that risk-appetite was already edging lower before Black Friday and the selloff may have been a \"tipping point\" in favor of caution and risk moderation.\n\"The news of a new or not so new COVID variant spreading in Southern Africaappears to have been the tipping point in altering risk appetite in the past 24 hours,\" the Jefferies analyst wrote.\n\"However, there has been a sea change in risk variables over the past month -- anincreasing number of 'tailed treasury auctions', declining equity market breadth andthe imperceptible change in US retail appetite that seems to have gone unnoticed.Positioning in global equities is one of the most aggressive in US history,\" according to Darby and his colleagues.\nJefferies research suggests that investors are now expecting that the Federal Reserve, under renominated Chairman Jerome Powell, will hasten the pace of reductions in the central bank's asset purchases, which will lead to tighter financial conditions that could prove unfavorable to risky assets. Goldman Sachs sees the Fed stepping up tapering to $30 billion a month from a reduction of $15 billion, and estimates three policy interest rate increases in 2022, up from two.\n\"Ultimately the Sharpe ratio -- a measure of return per unit of risk -- isturning for global equities. We expect the gap between the performance of risky and safe haven assets to diminish,\" Jefferies wrote.\nvia Jefferies\nThe situation could still prove a buying opportunity for bold investors, however.\nStrobaek wrote that \"risk assets such as equities are likely to give back some strength, but we would see this as an opportunity in selective and specific areas.\"\n\"At this point, we reiterate our assessment from the latest Investment Committee report, i.e. keeping equities at a small overweight in portfolios and government bonds at an underweight,\" the Credit Suisse CIO writes.\nAnalysts at Citigroup also said that \"we would buy into any dip,\" noting that its bearish checklist doesn't indicate significant red flags. \"Valuations look stretched, but other factors (credit spreads, fund flows) are not yet especially extended,\" Citi writes, with 7.5 out of 18 red flags triggered in its measures of global markets while the U.S. is seeing 9.5 of 18.\nCiti Research\nGreg Bassuk, CEO at AXS Investments in Port Chester, NY says that the end-of-week selling may have resulted in a Black Friday sale for stock-market investors.\n\"Black Friday is typically the unofficial kick-off to the annual holiday shopping season. But we believe the real shopping is for stocks that are beaten-down from Covid infection spikes, inflation fears, and supply chain woes, but that still possess strong fundamentals that will drive their gains as the economy ultimately reopens,\" he wrote\nThat said, some analysts note that the lockdowns playing out in Europe and the spread of COVID, even before the omicron declaration, were reasons to be cautious since they will impact the global growth outlook.\nEither way, it seems that a degree of caveat emptor may be in force next week and could color trading for the remainder of the 2021.\nTrading on Monday will help determine whether bullishness persists or if a bearish phase is crystallizing.\nIt will be a week focused on the state of employment, with the November U.S. jobs report due at the end of the week and Powell and others offering their final thoughts before a media blackout period starting ahead of the Federal Open Market Committee's final meeting of 2021 on Dec. 14-15.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875229117,"gmtCreate":1637659472171,"gmtModify":1637659472349,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/875229117","repostId":"2185638587","repostType":2,"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873248493,"gmtCreate":1636952669999,"gmtModify":1636952670221,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/873248493","repostId":"2183536049","repostType":4,"repost":{"id":"2183536049","pubTimestamp":1636931077,"share":"https://www.laohu8.com/m/news/2183536049?lang=&edition=full","pubTime":"2021-11-15 07:04","market":"us","language":"en","title":"Retail sales, Walmart and Target earnings: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2183536049","media":"Yahoo Finance","summary":"Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.The total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Del","content":"<p><img src=\"https://static.tigerbbs.com/08676f0472643b38e9d755d70877271b\" tg-width=\"1878\" tg-height=\"2390\" referrerpolicy=\"no-referrer\"></p>\n<p>Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.</p>\n<p>The total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Delta variant cases would weigh on spending during the month.</p>\n<p>\"Our data suggest broad-based improvement across major sectors, including restaurants, department stores and general merchandise,\" Bank of America economist Michelle Meyer wrote in a note on Friday. \"Netting out restaurants, gas and building materials, we look for the core control group to increase 0.5% [month-over-month]. Consumer spending remained resilient in October and will likely stay elevated as we head into the holiday season.\"</p>\n<p>If results come is as expected, October would mark a third straight monthly increase in retail sales. However, the rate of growth in consumer spending has slowed considerably in the second half of this year so far, compared to the first half when government stimulus checks and other economic support had helped pad consumers' wallets and stoke spending. The Bureau of Labor Statistics' last report on U.S. GDP showed that personal consumption slowed to a just 1.6% annualized rate in the third quarter, down from a 12.0% clip in the second.</p>\n<p>A jump in prices, as inflationary pressure reverberates across the recovering economy, is <a href=\"https://laohu8.com/S/AONE.U\">one</a> factor economists are closely watching as a potential anchor on consumer spending. While many companies have signaled in their latest earnings reports that they have been able to pass on prices to end users so far, consumers are beginning to take note of rising inflation. Depending on the magnitude and extent of the price increases, this could have a further dampening effect on consumption.</p>\n<p>The University of Michigan Surveys of Consumers highlighted last week that consumers expected inflation to rise by 4.9% over the next year, which was the highest print since 2008. And the headline index for the University of Michigan showed that the overall sentiment index fell to a 10-year low in early November, in large part reflecting concerns over how inflation would impact consumers' finances. This report came just two days after the Bureau of Labor Statistics' Consumer Price Index (CPI) for October showed that inflation jumped by a greater-than-expected 6.2% compared to the prior year, marking the fastest annual rise since 1990.</p>\n<p>\"It does take a while before a drop in consumer sentiment actually impacts spending,\" Yung-Yu Ma, BMO Wealth Management's chief investment strategist, told Yahoo Finance Live last week.</p>\n<p>\"That's going to be one of the big things going forward, to see whether or not that consumer sentiment can bounce back, whether consumers will be resilient in the face of these price pressures, or whether they'll start to pull back a bit and decide they're going to hold off on spending and wait to see when prices come down or at least stabilize before they spend more in the new year,\" he said. \"So that remains to be seen, and that is a big question mark as we go into 2022.\"</p>\n<h2>Big box retailers report earnings</h2>\n<p>Quarterly earnings results from companies including Walmart and Target will also be monitored this week as a proxy of consumers' propensity to spend, especially heading into the critical holiday shopping season. The results and earnings calls will also likely include more commentary around how shipping delays and supply chain disruptions are impacting America's largest retailers.</p>\n<p>A back-to-school season that saw many students return to class in-person likely helped stoke spending at both Walmart and Target. Growth still likely slowed compared to earlier on during the pandemic, however, when the companies had benefited from a consumer shift to spending on goods rather than on services, and to big-box stores that would allow them to get all their shopping needs done in one trip during the pandemic.</p>\n<p>Walmart's sales are expected to grow just 1% on a year-over-year basis to reach $135.5 billion, data from Bloomberg showed. This would mark the slowest top-line growth rate since the first quarter of 2020. Total Walmart U.S. same-store sales are expected to grow 7%, however, to accelerate from the prior quarter's 5.4% increase. Walmart U.S. operating margins are also expected to expand to 5.35%, compared to 5.2% in the same quarter last year, but may contract compared to the 6.2% margin posted in the second quarter this year.</p>\n<p><img src=\"https://static.tigerbbs.com/cc803a27e7a5de4f45494c90d84e6e2c\" tg-width=\"6720\" tg-height=\"4480\" referrerpolicy=\"no-referrer\">The logo of Walmart is seen outside of a new Walmart Store in San Salvador, El Salvador, August 21, 2018. REUTERS/Jose CabezasJose Cabezas / Reuters</p>\n<p>Already last quarter, Walmart executives highlighted during their last earnings call in August that \"out of stocks in certain general merchandise categories\" were \"running above normal given strong sales and supply constraints,\" presaging what many other companies have highlighted in their own earnings results in recent weeks. The firm added at the time that they were also taking steps to try and circumvent supply snarls, including chartering vessels specifically for Walmart goods. All these measures, however, also incur additional costs.</p>\n<p>Target, for its part, also mentioned it was trying to maneuver around supply chain disruptions on its latest earnings call as well.</p>\n<p>\"Our team has been successfully addressing supply chain bottlenecks, which are affecting both domestic freight and international shipping. Steps include expedited ordering and larger upfront quantities in advance of a season, mitigating the risk that replenishments could take longer than usual,\" said Target Chief Operating Officer John Mulligan in August. \"Bottom line, with Q2 ending inventory up more than 26% or nearly $2.5 billion compared to a year ago, we believe we're well-positioned for the fall and ready to deliver strong growth on top of last year's record increase.\"</p>\n<p>Target is expected to see revenue grow 8% to $24.09 billion in its fiscal third quarter, also slowing compared to its 9% growth rate in the second quarter and 21% year-over-year increase in the same period last year. Closely watched same-store sales are expected to rise b 8.3%, or slower than the 8.9% rate in the second quarter. Digital same-store sales, however, are anticipated to accelerate sequentially to a 13.25% clip, on top of the 155% digital sales growth Target posted in the same period last year.</p>\n<p>Commentary around labor supply shortages and hiring trends will also be closely watched for both Target and Walmart. In September, Target said it would be hiring 100,000 seasonal employees for the holidays, or fewer than the more than 130,000 workers it hired in each of the last two holiday seasons. It planned to instead provide more hours and pay to its slightly smaller holiday workforce this year.</p>\n<p>Walmart said in September it was planning to hire about 150,000 new U.S. store workers ahead of the holidays, with most of these comprising permanent and full-time roles.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Empire Manufacturing, Nov. (21.2 expected, 19.8 in prior print)</p></li>\n <li><p><b>Tuesday: </b>Retail sales advance, month-over-month, Oct. (1.1% expected, 0.7% in Sept.); Retail sales excluding autos and gas, month-over-month, Oct. (0.9% expected, 0.8% in Sept.); Import price index month-over-month, Oct. (1.0% expected, 0.4% in Sept.); Export price index, month-over-month, Oct. (0.9% expected, 0.1% in Sept.); Industrial Production, month-over-month, Oct. (0.9% expected, -1.3% in Sept.); Capacity Utilization, OCt. (75.9% expected, 75.2% in Sept.); NAHB Housing Market Index, Nov. (80 expected, 80 in Oct.)</p></li>\n <li><p><b>Wednesday: </b>MBA mortgage Applications, week ended Nov. 12 (5.5% during prior week); Building permits, month-over-month, Oct. (2.8% expected, -7.8% in Sept.); Housing starts, Oct. (1.6% expected, -1.6% in Sept.)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Nov. 13 (260,000 expected, 267,000 during prior week); Continuing claims, week ended Nov. 6 (2.160. million during prior week); Philadelphia Fed Business Outlook, Nov. (24.0 expected, 23.8 in Sept.); Leading Index, Oct. (0.8% expected, 0.2% in Sept.); Kansas City Fed Manufacturing Activity Index, Nov. (31 in Oct.)</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday:</b> Oatly (OTLY), <a href=\"https://laohu8.com/S/WE\">WeWork</a> (WE) before market open; Endeavor Group Holdings (EDR), Lucid Group (LCID) after market close</p></li>\n <li><p><b>Tuesday: </b>Home Depot (HD), Walmart (WMT) before market open</p></li>\n <li><p><b>Wednesday: </b>Lowe's (LOW), Target (TGT), TJX Cos. (TJX) before market open; Sonos (SONO), Nvidia (NVDA), Cisco (CSCO), Victoria's Secret (VSCO) after market close</p></li>\n <li><p><b>Thursday: </b>Kohl's (KSS), Macy's (M) before market open; Applied Materials (AMAT), Intuit (INTU), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> (PANW), Bath & Body Works (BBWI), Williams-Sonoma (WSM) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","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>Retail sales, Walmart and Target earnings: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail sales, Walmart and Target earnings: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 07:04 GMT+8 <a href=https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.\nThe total value of retail sales in the U.S. is expected...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TGT":"塔吉特","WMT":"沃尔玛",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183536049","content_text":"Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.\nThe total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Delta variant cases would weigh on spending during the month.\n\"Our data suggest broad-based improvement across major sectors, including restaurants, department stores and general merchandise,\" Bank of America economist Michelle Meyer wrote in a note on Friday. \"Netting out restaurants, gas and building materials, we look for the core control group to increase 0.5% [month-over-month]. Consumer spending remained resilient in October and will likely stay elevated as we head into the holiday season.\"\nIf results come is as expected, October would mark a third straight monthly increase in retail sales. However, the rate of growth in consumer spending has slowed considerably in the second half of this year so far, compared to the first half when government stimulus checks and other economic support had helped pad consumers' wallets and stoke spending. The Bureau of Labor Statistics' last report on U.S. GDP showed that personal consumption slowed to a just 1.6% annualized rate in the third quarter, down from a 12.0% clip in the second.\nA jump in prices, as inflationary pressure reverberates across the recovering economy, is one factor economists are closely watching as a potential anchor on consumer spending. While many companies have signaled in their latest earnings reports that they have been able to pass on prices to end users so far, consumers are beginning to take note of rising inflation. Depending on the magnitude and extent of the price increases, this could have a further dampening effect on consumption.\nThe University of Michigan Surveys of Consumers highlighted last week that consumers expected inflation to rise by 4.9% over the next year, which was the highest print since 2008. And the headline index for the University of Michigan showed that the overall sentiment index fell to a 10-year low in early November, in large part reflecting concerns over how inflation would impact consumers' finances. This report came just two days after the Bureau of Labor Statistics' Consumer Price Index (CPI) for October showed that inflation jumped by a greater-than-expected 6.2% compared to the prior year, marking the fastest annual rise since 1990.\n\"It does take a while before a drop in consumer sentiment actually impacts spending,\" Yung-Yu Ma, BMO Wealth Management's chief investment strategist, told Yahoo Finance Live last week.\n\"That's going to be one of the big things going forward, to see whether or not that consumer sentiment can bounce back, whether consumers will be resilient in the face of these price pressures, or whether they'll start to pull back a bit and decide they're going to hold off on spending and wait to see when prices come down or at least stabilize before they spend more in the new year,\" he said. \"So that remains to be seen, and that is a big question mark as we go into 2022.\"\nBig box retailers report earnings\nQuarterly earnings results from companies including Walmart and Target will also be monitored this week as a proxy of consumers' propensity to spend, especially heading into the critical holiday shopping season. The results and earnings calls will also likely include more commentary around how shipping delays and supply chain disruptions are impacting America's largest retailers.\nA back-to-school season that saw many students return to class in-person likely helped stoke spending at both Walmart and Target. Growth still likely slowed compared to earlier on during the pandemic, however, when the companies had benefited from a consumer shift to spending on goods rather than on services, and to big-box stores that would allow them to get all their shopping needs done in one trip during the pandemic.\nWalmart's sales are expected to grow just 1% on a year-over-year basis to reach $135.5 billion, data from Bloomberg showed. This would mark the slowest top-line growth rate since the first quarter of 2020. Total Walmart U.S. same-store sales are expected to grow 7%, however, to accelerate from the prior quarter's 5.4% increase. Walmart U.S. operating margins are also expected to expand to 5.35%, compared to 5.2% in the same quarter last year, but may contract compared to the 6.2% margin posted in the second quarter this year.\nThe logo of Walmart is seen outside of a new Walmart Store in San Salvador, El Salvador, August 21, 2018. REUTERS/Jose CabezasJose Cabezas / Reuters\nAlready last quarter, Walmart executives highlighted during their last earnings call in August that \"out of stocks in certain general merchandise categories\" were \"running above normal given strong sales and supply constraints,\" presaging what many other companies have highlighted in their own earnings results in recent weeks. The firm added at the time that they were also taking steps to try and circumvent supply snarls, including chartering vessels specifically for Walmart goods. All these measures, however, also incur additional costs.\nTarget, for its part, also mentioned it was trying to maneuver around supply chain disruptions on its latest earnings call as well.\n\"Our team has been successfully addressing supply chain bottlenecks, which are affecting both domestic freight and international shipping. Steps include expedited ordering and larger upfront quantities in advance of a season, mitigating the risk that replenishments could take longer than usual,\" said Target Chief Operating Officer John Mulligan in August. \"Bottom line, with Q2 ending inventory up more than 26% or nearly $2.5 billion compared to a year ago, we believe we're well-positioned for the fall and ready to deliver strong growth on top of last year's record increase.\"\nTarget is expected to see revenue grow 8% to $24.09 billion in its fiscal third quarter, also slowing compared to its 9% growth rate in the second quarter and 21% year-over-year increase in the same period last year. Closely watched same-store sales are expected to rise b 8.3%, or slower than the 8.9% rate in the second quarter. Digital same-store sales, however, are anticipated to accelerate sequentially to a 13.25% clip, on top of the 155% digital sales growth Target posted in the same period last year.\nCommentary around labor supply shortages and hiring trends will also be closely watched for both Target and Walmart. In September, Target said it would be hiring 100,000 seasonal employees for the holidays, or fewer than the more than 130,000 workers it hired in each of the last two holiday seasons. It planned to instead provide more hours and pay to its slightly smaller holiday workforce this year.\nWalmart said in September it was planning to hire about 150,000 new U.S. store workers ahead of the holidays, with most of these comprising permanent and full-time roles.\nEconomic calendar\n\nMonday: Empire Manufacturing, Nov. (21.2 expected, 19.8 in prior print)\nTuesday: Retail sales advance, month-over-month, Oct. (1.1% expected, 0.7% in Sept.); Retail sales excluding autos and gas, month-over-month, Oct. (0.9% expected, 0.8% in Sept.); Import price index month-over-month, Oct. (1.0% expected, 0.4% in Sept.); Export price index, month-over-month, Oct. (0.9% expected, 0.1% in Sept.); Industrial Production, month-over-month, Oct. (0.9% expected, -1.3% in Sept.); Capacity Utilization, OCt. (75.9% expected, 75.2% in Sept.); NAHB Housing Market Index, Nov. (80 expected, 80 in Oct.)\nWednesday: MBA mortgage Applications, week ended Nov. 12 (5.5% during prior week); Building permits, month-over-month, Oct. (2.8% expected, -7.8% in Sept.); Housing starts, Oct. (1.6% expected, -1.6% in Sept.)\nThursday: Initial jobless claims, week ended Nov. 13 (260,000 expected, 267,000 during prior week); Continuing claims, week ended Nov. 6 (2.160. million during prior week); Philadelphia Fed Business Outlook, Nov. (24.0 expected, 23.8 in Sept.); Leading Index, Oct. (0.8% expected, 0.2% in Sept.); Kansas City Fed Manufacturing Activity Index, Nov. (31 in Oct.)\nFriday: No notable reports scheduled for release\n\nEarnings calendar\n\nMonday: Oatly (OTLY), WeWork (WE) before market open; Endeavor Group Holdings (EDR), Lucid Group (LCID) after market close\nTuesday: Home Depot (HD), Walmart (WMT) before market open\nWednesday: Lowe's (LOW), Target (TGT), TJX Cos. (TJX) before market open; Sonos (SONO), Nvidia (NVDA), Cisco (CSCO), Victoria's Secret (VSCO) after market close\nThursday: Kohl's (KSS), Macy's (M) before market open; Applied Materials (AMAT), Intuit (INTU), Workday (WDAY), Palo Alto Networks (PANW), Bath & Body Works (BBWI), Williams-Sonoma (WSM) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853845750,"gmtCreate":1634792641753,"gmtModify":1634792642448,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853845750","repostId":"1118528593","repostType":4,"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825752215,"gmtCreate":1634258989397,"gmtModify":1634274403794,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825752215","repostId":"2175185761","repostType":4,"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864104878,"gmtCreate":1633066245323,"gmtModify":1633066245974,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864104878","repostId":"2172095220","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":321356557,"gmtCreate":1615397062879,"gmtModify":1703488555456,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Only 2%[开心] ","listText":"Only 2%[开心] ","text":"Only 2%[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321356557","repostId":"1119649730","repostType":4,"repost":{"id":"1119649730","pubTimestamp":1615389377,"share":"https://www.laohu8.com/m/news/1119649730?lang=&edition=full","pubTime":"2021-03-10 23:16","market":"us","language":"en","title":"U.S. 10-year yield could spike ‘well above’ 2% in the next three months, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=1119649730","media":"cnbc","summary":"KEY POINTS\n\nING senior rates strategist Antoine Bouvet expected the 10-year yield to reach a “minimu","content":"<div>\n<p>KEY POINTS\n\nING senior rates strategist Antoine Bouvet expected the 10-year yield to reach a “minimum” of 2% in the second quarter.\nING expected average inflation to reach 2.9% this year and stay at ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/10/us-10-year-yield-could-spike-well-above-2percent-in-the-next-three-months.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. 10-year yield could spike ‘well above’ 2% in the next three months, strategist 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\">\nU.S. 10-year yield could spike ‘well above’ 2% in the next three months, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 23:16 GMT+8 <a href=https://www.cnbc.com/2021/03/10/us-10-year-yield-could-spike-well-above-2percent-in-the-next-three-months.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nING senior rates strategist Antoine Bouvet expected the 10-year yield to reach a “minimum” of 2% in the second quarter.\nING expected average inflation to reach 2.9% this year and stay at ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/10/us-10-year-yield-could-spike-well-above-2percent-in-the-next-three-months.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/10/us-10-year-yield-could-spike-well-above-2percent-in-the-next-three-months.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1119649730","content_text":"KEY POINTS\n\nING senior rates strategist Antoine Bouvet expected the 10-year yield to reach a “minimum” of 2% in the second quarter.\nING expected average inflation to reach 2.9% this year and stay at that level next year.\n\nThe 10-year U.S. Treasury yield is likely to hit 2% by the end of the year but could spike “well above” that in the second quarter, according to ING senior rates strategist Antoine Bouvet.\nBouvet told “Street Signs Europe” on Wednesday that the envisaged re-opening of the economy in the second quarter, when it’s hoped the vast majority of the U.S. population will be vaccinated against the coronavirus, will result in strong retail sales on the back of the U.S. government’s stimulus package.\nAll these factors will “contribute and conspire towards optimism in the market and then towards that spike in U.S. Treasurys,” Bouvet said, expecting yields to reach a “minimum” of 2%.\nThe 10-year U.S. Treasury yield, which is considered an indicator of investor sentiment on the economy because it is a benchmark for debt such as mortgage rates, hit a 13-month high of 1.6% during this past week. The yield has since move back slightly but was trading at 1.56% on Wednesday morning.\nIt has shot up from 1% since the end of January, amid concerns about rising inflation. These concerns have been compounded by fears that the U.S. government’s $1.9 trillion fiscal relief package, which House Democrats are expected to pass on Wednesday, could stimulate the economy too quickly and cause a surge in prices.\nInflation at 2.9% in 2021?\nThe February consumer price index, which tracks inflation and was released Wednesday morning, was found to be in-line with expectations.\nThe Labor Department said its consumer price index increased 0.4% last month after rising 0.3% in January. In the 12 months through February, the CPI gained 1.7%, the largest rise since February 2020, after climbing 1.4% in January.\nPrior to the release of the data,Bouvet said he didn’t think this reading would be the “big one,”adding that ING expected bigger inflation readings only to occur by the end of the second quarter, “potentially peaking around 3.5% and above.”\nWhile Bouvet said a lot of that increase in inflation would be temporary, he said it would be interesting to see how the U.S. Federal Reserve reacts.\n“It’s all well and good to say now that they won’t touch rates for a while, that tapering is not on the table,” he said. “When inflation is actually at 3.5% and shows only modest sign of declining, it’s going to be a much harder position to defend,” Bouvet added.\nING expected average inflation to reach 2.9% this year and stay at that level next year.\nBouvet, therefore, argued that “as much as it is a flash in the pan that we’ll see in the second quarter, the decline will be very slow and will change the debate at the Fed.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":873248493,"gmtCreate":1636952669999,"gmtModify":1636952670221,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/873248493","repostId":"2183536049","repostType":4,"repost":{"id":"2183536049","pubTimestamp":1636931077,"share":"https://www.laohu8.com/m/news/2183536049?lang=&edition=full","pubTime":"2021-11-15 07:04","market":"us","language":"en","title":"Retail sales, Walmart and Target earnings: What to know this week","url":"https://stock-news.laohu8.com/highlight/detail?id=2183536049","media":"Yahoo Finance","summary":"Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.The total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Del","content":"<p><img src=\"https://static.tigerbbs.com/08676f0472643b38e9d755d70877271b\" tg-width=\"1878\" tg-height=\"2390\" referrerpolicy=\"no-referrer\"></p>\n<p>Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.</p>\n<p>The total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Delta variant cases would weigh on spending during the month.</p>\n<p>\"Our data suggest broad-based improvement across major sectors, including restaurants, department stores and general merchandise,\" Bank of America economist Michelle Meyer wrote in a note on Friday. \"Netting out restaurants, gas and building materials, we look for the core control group to increase 0.5% [month-over-month]. Consumer spending remained resilient in October and will likely stay elevated as we head into the holiday season.\"</p>\n<p>If results come is as expected, October would mark a third straight monthly increase in retail sales. However, the rate of growth in consumer spending has slowed considerably in the second half of this year so far, compared to the first half when government stimulus checks and other economic support had helped pad consumers' wallets and stoke spending. The Bureau of Labor Statistics' last report on U.S. GDP showed that personal consumption slowed to a just 1.6% annualized rate in the third quarter, down from a 12.0% clip in the second.</p>\n<p>A jump in prices, as inflationary pressure reverberates across the recovering economy, is <a href=\"https://laohu8.com/S/AONE.U\">one</a> factor economists are closely watching as a potential anchor on consumer spending. While many companies have signaled in their latest earnings reports that they have been able to pass on prices to end users so far, consumers are beginning to take note of rising inflation. Depending on the magnitude and extent of the price increases, this could have a further dampening effect on consumption.</p>\n<p>The University of Michigan Surveys of Consumers highlighted last week that consumers expected inflation to rise by 4.9% over the next year, which was the highest print since 2008. And the headline index for the University of Michigan showed that the overall sentiment index fell to a 10-year low in early November, in large part reflecting concerns over how inflation would impact consumers' finances. This report came just two days after the Bureau of Labor Statistics' Consumer Price Index (CPI) for October showed that inflation jumped by a greater-than-expected 6.2% compared to the prior year, marking the fastest annual rise since 1990.</p>\n<p>\"It does take a while before a drop in consumer sentiment actually impacts spending,\" Yung-Yu Ma, BMO Wealth Management's chief investment strategist, told Yahoo Finance Live last week.</p>\n<p>\"That's going to be one of the big things going forward, to see whether or not that consumer sentiment can bounce back, whether consumers will be resilient in the face of these price pressures, or whether they'll start to pull back a bit and decide they're going to hold off on spending and wait to see when prices come down or at least stabilize before they spend more in the new year,\" he said. \"So that remains to be seen, and that is a big question mark as we go into 2022.\"</p>\n<h2>Big box retailers report earnings</h2>\n<p>Quarterly earnings results from companies including Walmart and Target will also be monitored this week as a proxy of consumers' propensity to spend, especially heading into the critical holiday shopping season. The results and earnings calls will also likely include more commentary around how shipping delays and supply chain disruptions are impacting America's largest retailers.</p>\n<p>A back-to-school season that saw many students return to class in-person likely helped stoke spending at both Walmart and Target. Growth still likely slowed compared to earlier on during the pandemic, however, when the companies had benefited from a consumer shift to spending on goods rather than on services, and to big-box stores that would allow them to get all their shopping needs done in one trip during the pandemic.</p>\n<p>Walmart's sales are expected to grow just 1% on a year-over-year basis to reach $135.5 billion, data from Bloomberg showed. This would mark the slowest top-line growth rate since the first quarter of 2020. Total Walmart U.S. same-store sales are expected to grow 7%, however, to accelerate from the prior quarter's 5.4% increase. Walmart U.S. operating margins are also expected to expand to 5.35%, compared to 5.2% in the same quarter last year, but may contract compared to the 6.2% margin posted in the second quarter this year.</p>\n<p><img src=\"https://static.tigerbbs.com/cc803a27e7a5de4f45494c90d84e6e2c\" tg-width=\"6720\" tg-height=\"4480\" referrerpolicy=\"no-referrer\">The logo of Walmart is seen outside of a new Walmart Store in San Salvador, El Salvador, August 21, 2018. REUTERS/Jose CabezasJose Cabezas / Reuters</p>\n<p>Already last quarter, Walmart executives highlighted during their last earnings call in August that \"out of stocks in certain general merchandise categories\" were \"running above normal given strong sales and supply constraints,\" presaging what many other companies have highlighted in their own earnings results in recent weeks. The firm added at the time that they were also taking steps to try and circumvent supply snarls, including chartering vessels specifically for Walmart goods. All these measures, however, also incur additional costs.</p>\n<p>Target, for its part, also mentioned it was trying to maneuver around supply chain disruptions on its latest earnings call as well.</p>\n<p>\"Our team has been successfully addressing supply chain bottlenecks, which are affecting both domestic freight and international shipping. Steps include expedited ordering and larger upfront quantities in advance of a season, mitigating the risk that replenishments could take longer than usual,\" said Target Chief Operating Officer John Mulligan in August. \"Bottom line, with Q2 ending inventory up more than 26% or nearly $2.5 billion compared to a year ago, we believe we're well-positioned for the fall and ready to deliver strong growth on top of last year's record increase.\"</p>\n<p>Target is expected to see revenue grow 8% to $24.09 billion in its fiscal third quarter, also slowing compared to its 9% growth rate in the second quarter and 21% year-over-year increase in the same period last year. Closely watched same-store sales are expected to rise b 8.3%, or slower than the 8.9% rate in the second quarter. Digital same-store sales, however, are anticipated to accelerate sequentially to a 13.25% clip, on top of the 155% digital sales growth Target posted in the same period last year.</p>\n<p>Commentary around labor supply shortages and hiring trends will also be closely watched for both Target and Walmart. In September, Target said it would be hiring 100,000 seasonal employees for the holidays, or fewer than the more than 130,000 workers it hired in each of the last two holiday seasons. It planned to instead provide more hours and pay to its slightly smaller holiday workforce this year.</p>\n<p>Walmart said in September it was planning to hire about 150,000 new U.S. store workers ahead of the holidays, with most of these comprising permanent and full-time roles.</p>\n<h2>Economic calendar</h2>\n<ul>\n <li><p><b>Monday: </b>Empire Manufacturing, Nov. (21.2 expected, 19.8 in prior print)</p></li>\n <li><p><b>Tuesday: </b>Retail sales advance, month-over-month, Oct. (1.1% expected, 0.7% in Sept.); Retail sales excluding autos and gas, month-over-month, Oct. (0.9% expected, 0.8% in Sept.); Import price index month-over-month, Oct. (1.0% expected, 0.4% in Sept.); Export price index, month-over-month, Oct. (0.9% expected, 0.1% in Sept.); Industrial Production, month-over-month, Oct. (0.9% expected, -1.3% in Sept.); Capacity Utilization, OCt. (75.9% expected, 75.2% in Sept.); NAHB Housing Market Index, Nov. (80 expected, 80 in Oct.)</p></li>\n <li><p><b>Wednesday: </b>MBA mortgage Applications, week ended Nov. 12 (5.5% during prior week); Building permits, month-over-month, Oct. (2.8% expected, -7.8% in Sept.); Housing starts, Oct. (1.6% expected, -1.6% in Sept.)</p></li>\n <li><p><b>Thursday: </b>Initial jobless claims, week ended Nov. 13 (260,000 expected, 267,000 during prior week); Continuing claims, week ended Nov. 6 (2.160. million during prior week); Philadelphia Fed Business Outlook, Nov. (24.0 expected, 23.8 in Sept.); Leading Index, Oct. (0.8% expected, 0.2% in Sept.); Kansas City Fed Manufacturing Activity Index, Nov. (31 in Oct.)</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>\n<h2>Earnings calendar</h2>\n<ul>\n <li><p><b>Monday:</b> Oatly (OTLY), <a href=\"https://laohu8.com/S/WE\">WeWork</a> (WE) before market open; Endeavor Group Holdings (EDR), Lucid Group (LCID) after market close</p></li>\n <li><p><b>Tuesday: </b>Home Depot (HD), Walmart (WMT) before market open</p></li>\n <li><p><b>Wednesday: </b>Lowe's (LOW), Target (TGT), TJX Cos. (TJX) before market open; Sonos (SONO), Nvidia (NVDA), Cisco (CSCO), Victoria's Secret (VSCO) after market close</p></li>\n <li><p><b>Thursday: </b>Kohl's (KSS), Macy's (M) before market open; Applied Materials (AMAT), Intuit (INTU), <a href=\"https://laohu8.com/S/WDAY\">Workday</a> (WDAY), <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a> (PANW), Bath & Body Works (BBWI), Williams-Sonoma (WSM) after market close</p></li>\n <li><p><b>Friday: </b><i>No notable reports scheduled for release</i></p></li>\n</ul>","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>Retail sales, Walmart and Target earnings: What to know this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRetail sales, Walmart and Target earnings: What to know this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 07:04 GMT+8 <a href=https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html><strong>Yahoo Finance</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.\nThe total value of retail sales in the U.S. is expected...</p>\n\n<a href=\"https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TGT":"塔吉特","WMT":"沃尔玛",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/retail-sales-and-retailers-earnings-what-to-know-this-week-154433076.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183536049","content_text":"Investors this week will be focused on data on the consumer, with both retail sales and earnings results from two retail giants set for release.\nThe total value of retail sales in the U.S. is expected to have climbed by 1.1% month-on-month in October, according to the Commerce Department's latest monthly print on Tuesday. This would accelerate from a 0.7% monthly advance in September, which had been an unexpected increase at the time given that many economists were anticipating that a rise in Delta variant cases would weigh on spending during the month.\n\"Our data suggest broad-based improvement across major sectors, including restaurants, department stores and general merchandise,\" Bank of America economist Michelle Meyer wrote in a note on Friday. \"Netting out restaurants, gas and building materials, we look for the core control group to increase 0.5% [month-over-month]. Consumer spending remained resilient in October and will likely stay elevated as we head into the holiday season.\"\nIf results come is as expected, October would mark a third straight monthly increase in retail sales. However, the rate of growth in consumer spending has slowed considerably in the second half of this year so far, compared to the first half when government stimulus checks and other economic support had helped pad consumers' wallets and stoke spending. The Bureau of Labor Statistics' last report on U.S. GDP showed that personal consumption slowed to a just 1.6% annualized rate in the third quarter, down from a 12.0% clip in the second.\nA jump in prices, as inflationary pressure reverberates across the recovering economy, is one factor economists are closely watching as a potential anchor on consumer spending. While many companies have signaled in their latest earnings reports that they have been able to pass on prices to end users so far, consumers are beginning to take note of rising inflation. Depending on the magnitude and extent of the price increases, this could have a further dampening effect on consumption.\nThe University of Michigan Surveys of Consumers highlighted last week that consumers expected inflation to rise by 4.9% over the next year, which was the highest print since 2008. And the headline index for the University of Michigan showed that the overall sentiment index fell to a 10-year low in early November, in large part reflecting concerns over how inflation would impact consumers' finances. This report came just two days after the Bureau of Labor Statistics' Consumer Price Index (CPI) for October showed that inflation jumped by a greater-than-expected 6.2% compared to the prior year, marking the fastest annual rise since 1990.\n\"It does take a while before a drop in consumer sentiment actually impacts spending,\" Yung-Yu Ma, BMO Wealth Management's chief investment strategist, told Yahoo Finance Live last week.\n\"That's going to be one of the big things going forward, to see whether or not that consumer sentiment can bounce back, whether consumers will be resilient in the face of these price pressures, or whether they'll start to pull back a bit and decide they're going to hold off on spending and wait to see when prices come down or at least stabilize before they spend more in the new year,\" he said. \"So that remains to be seen, and that is a big question mark as we go into 2022.\"\nBig box retailers report earnings\nQuarterly earnings results from companies including Walmart and Target will also be monitored this week as a proxy of consumers' propensity to spend, especially heading into the critical holiday shopping season. The results and earnings calls will also likely include more commentary around how shipping delays and supply chain disruptions are impacting America's largest retailers.\nA back-to-school season that saw many students return to class in-person likely helped stoke spending at both Walmart and Target. Growth still likely slowed compared to earlier on during the pandemic, however, when the companies had benefited from a consumer shift to spending on goods rather than on services, and to big-box stores that would allow them to get all their shopping needs done in one trip during the pandemic.\nWalmart's sales are expected to grow just 1% on a year-over-year basis to reach $135.5 billion, data from Bloomberg showed. This would mark the slowest top-line growth rate since the first quarter of 2020. Total Walmart U.S. same-store sales are expected to grow 7%, however, to accelerate from the prior quarter's 5.4% increase. Walmart U.S. operating margins are also expected to expand to 5.35%, compared to 5.2% in the same quarter last year, but may contract compared to the 6.2% margin posted in the second quarter this year.\nThe logo of Walmart is seen outside of a new Walmart Store in San Salvador, El Salvador, August 21, 2018. REUTERS/Jose CabezasJose Cabezas / Reuters\nAlready last quarter, Walmart executives highlighted during their last earnings call in August that \"out of stocks in certain general merchandise categories\" were \"running above normal given strong sales and supply constraints,\" presaging what many other companies have highlighted in their own earnings results in recent weeks. The firm added at the time that they were also taking steps to try and circumvent supply snarls, including chartering vessels specifically for Walmart goods. All these measures, however, also incur additional costs.\nTarget, for its part, also mentioned it was trying to maneuver around supply chain disruptions on its latest earnings call as well.\n\"Our team has been successfully addressing supply chain bottlenecks, which are affecting both domestic freight and international shipping. Steps include expedited ordering and larger upfront quantities in advance of a season, mitigating the risk that replenishments could take longer than usual,\" said Target Chief Operating Officer John Mulligan in August. \"Bottom line, with Q2 ending inventory up more than 26% or nearly $2.5 billion compared to a year ago, we believe we're well-positioned for the fall and ready to deliver strong growth on top of last year's record increase.\"\nTarget is expected to see revenue grow 8% to $24.09 billion in its fiscal third quarter, also slowing compared to its 9% growth rate in the second quarter and 21% year-over-year increase in the same period last year. Closely watched same-store sales are expected to rise b 8.3%, or slower than the 8.9% rate in the second quarter. Digital same-store sales, however, are anticipated to accelerate sequentially to a 13.25% clip, on top of the 155% digital sales growth Target posted in the same period last year.\nCommentary around labor supply shortages and hiring trends will also be closely watched for both Target and Walmart. In September, Target said it would be hiring 100,000 seasonal employees for the holidays, or fewer than the more than 130,000 workers it hired in each of the last two holiday seasons. It planned to instead provide more hours and pay to its slightly smaller holiday workforce this year.\nWalmart said in September it was planning to hire about 150,000 new U.S. store workers ahead of the holidays, with most of these comprising permanent and full-time roles.\nEconomic calendar\n\nMonday: Empire Manufacturing, Nov. (21.2 expected, 19.8 in prior print)\nTuesday: Retail sales advance, month-over-month, Oct. (1.1% expected, 0.7% in Sept.); Retail sales excluding autos and gas, month-over-month, Oct. (0.9% expected, 0.8% in Sept.); Import price index month-over-month, Oct. (1.0% expected, 0.4% in Sept.); Export price index, month-over-month, Oct. (0.9% expected, 0.1% in Sept.); Industrial Production, month-over-month, Oct. (0.9% expected, -1.3% in Sept.); Capacity Utilization, OCt. (75.9% expected, 75.2% in Sept.); NAHB Housing Market Index, Nov. (80 expected, 80 in Oct.)\nWednesday: MBA mortgage Applications, week ended Nov. 12 (5.5% during prior week); Building permits, month-over-month, Oct. (2.8% expected, -7.8% in Sept.); Housing starts, Oct. (1.6% expected, -1.6% in Sept.)\nThursday: Initial jobless claims, week ended Nov. 13 (260,000 expected, 267,000 during prior week); Continuing claims, week ended Nov. 6 (2.160. million during prior week); Philadelphia Fed Business Outlook, Nov. (24.0 expected, 23.8 in Sept.); Leading Index, Oct. (0.8% expected, 0.2% in Sept.); Kansas City Fed Manufacturing Activity Index, Nov. (31 in Oct.)\nFriday: No notable reports scheduled for release\n\nEarnings calendar\n\nMonday: Oatly (OTLY), WeWork (WE) before market open; Endeavor Group Holdings (EDR), Lucid Group (LCID) after market close\nTuesday: Home Depot (HD), Walmart (WMT) before market open\nWednesday: Lowe's (LOW), Target (TGT), TJX Cos. (TJX) before market open; Sonos (SONO), Nvidia (NVDA), Cisco (CSCO), Victoria's Secret (VSCO) after market close\nThursday: Kohl's (KSS), Macy's (M) before market open; Applied Materials (AMAT), Intuit (INTU), Workday (WDAY), Palo Alto Networks (PANW), Bath & Body Works (BBWI), Williams-Sonoma (WSM) after market close\nFriday: No notable reports scheduled for release","news_type":1},"isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":600497018,"gmtCreate":1638183862457,"gmtModify":1638183863107,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/600497018","repostId":"2187329491","repostType":2,"repost":{"id":"2187329491","pubTimestamp":1638140520,"share":"https://www.laohu8.com/m/news/2187329491?lang=&edition=full","pubTime":"2021-11-29 07:02","market":"us","language":"en","title":"Here's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say","url":"https://stock-news.laohu8.com/highlight/detail?id=2187329491","media":"MarketWatch","summary":"The new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index and the Nasdaq Composite and sent the Dow Jones Industrial Average down by the most in a day since Oct. 28, 2020.What isn't clear is whether the latest coronavirus development will do","content":"<p>OMG, omicron!</p>\n<p>The new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index and the Nasdaq Composite and sent the Dow Jones Industrial Average down by the most in a day since Oct. 28, 2020.</p>\n<p>WHO said that the omicron variant, which has been detected in Belgium, Israel, and Hong Kong and was first identified in southern parts of Africa, is more transmissible than the delta strain that is currently dominant world-wide, and other variants.</p>\n<p>The emergence of the new strain led to the White House announcing restrictions, starting on Monday, on travel for non-U.S. citizens and residents from South Africa, as well as from Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique, and Malawi, joining the European Union, the U.K., Singapore and Japan, which also announced similar travel bans.</p>\n<p>The market selloff during the abbreviated Black Friday session and the commensurate flight to assets that investors hope will perform better amid fresh mobility restrictions, helped to overshadow the usual focus on retail, on a day associated with heavy consumer spending ahead of the Christmas holiday. Friday's downturn also offered a crystal clear reminder that the path of the market and economy hinges on the course of COVID.</p>\n<p>What isn't clear is whether the latest coronavirus development will do lasting harm to the complexion of the market. Omicron comes at a fragile time for optimistic investors, with bears pointing to lofty stock market valuations, inflation worries and global economic growth concerns as reasons to expect a drawdown in equities that have managed to avoid a decline from a peak of more than 5%.</p>\n<p>In theory, Friday's post-Thanksgiving environment is traditionally lightly traded and therefore more susceptible to outsize price swings.</p>\n<p>The Nasdaq saw its lowest volume of the year on Black Friday, with 3.479 billion shares trading hands, well below the year-to-date average of 5.099 billion. The total composite volume, including trading on Intercontinental Exchange -owned NYSE platforms, was 8.760 billion, compared with an year-to-date average of 11.196 billion, according to Dow Jones Market Data.</p>\n<p>Still, only time will tell whether the reaction to omicron is a textbook, knee-jerk selloff or something more sinister.</p>\n<p>MarketWatch's Bill Watts wrote, citing Friday research from Mark Arbeter of Arbeter Investments, that the next level of support to watch for the S&P 500 after closing at 4,594,62 on Friday is at 4,570, the 50-day exponential average; 4,566, the 38.2% retracement of the rally; and 4,550, a previous high from early September.</p>\n<p>\"It is too early to know to what extent the new variant will affect economies and markets, and Friday's market moves have probably been exacerbated by reduced liquidity owing to the US Thanksgiving holiday, and the risk that further bad news emerges over the weekend,\" writes Jonas Goltermann senior markets economist at Capital Economics, in a Friday research note.</p>\n<p>J.C. Parets of the All Star Charts blog writes that things could get dicey if the S&P 500 is driven below 4,500, with little support beneath that point.</p>\n<p>\"You know how parents always tell you nothing good ever happens after midnight? Well in the S&P 500, nothing good happens below 4500,\" he writes in a Friday blog.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ccfdc3ebd8825870bc713469baf0d1b2\" tg-width=\"700\" tg-height=\"355\" referrerpolicy=\"no-referrer\"><span>All Star Charts</span></p>\n<p>\"If we're below that then there is a probably a much bigger problem out there, and the heaviest cash positions in 18 months would be warranted,\" Parets writes.</p>\n<p>Some analysts say that there are legitimate reasons for unease, on the public health front.</p>\n<p>\"The fact that this variant seems to be spreading much faster than previous versions (including the Delta variant) bears very careful monitoring,\" wrote Michael Strobaek, global chief investment officer at Credit Suisse, in a research note. There are some questions about the effectiveness of existing COVID vaccines from Pfizer and Moderna due to the number of mutations that the omicron variant bears on the spike protein. The spike protein is the part of the virus targeted by COVID-19 vaccines.</p>\n<p>Analyst at Jefferies led by analyst Sean Darby note that risk-appetite was already edging lower before Black Friday and the selloff may have been a \"tipping point\" in favor of caution and risk moderation.</p>\n<p>\"The news of a new or not so new COVID variant spreading in Southern Africaappears to have been the tipping point in altering risk appetite in the past 24 hours,\" the Jefferies analyst wrote.</p>\n<p>\"However, there has been a sea change in risk variables over the past month -- anincreasing number of 'tailed treasury auctions', declining equity market breadth andthe imperceptible change in US retail appetite that seems to have gone unnoticed.Positioning in global equities is one of the most aggressive in US history,\" according to Darby and his colleagues.</p>\n<p>Jefferies research suggests that investors are now expecting that the Federal Reserve, under renominated Chairman Jerome Powell, will hasten the pace of reductions in the central bank's asset purchases, which will lead to tighter financial conditions that could prove unfavorable to risky assets. Goldman Sachs sees the Fed stepping up tapering to $30 billion a month from a reduction of $15 billion, and estimates three policy interest rate increases in 2022, up from two.</p>\n<p>\"Ultimately the Sharpe ratio -- a measure of return per unit of risk -- isturning for global equities. We expect the gap between the performance of risky and safe haven assets to diminish,\" Jefferies wrote.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5a2b6cd6fadb4dd80d04e06539404155\" tg-width=\"699\" tg-height=\"203\" referrerpolicy=\"no-referrer\"><span>via Jefferies</span></p>\n<p>The situation could still prove a buying opportunity for bold investors, however.</p>\n<p>Strobaek wrote that \"risk assets such as equities are likely to give back some strength, but we would see this as an opportunity in selective and specific areas.\"</p>\n<p>\"At this point, we reiterate our assessment from the latest Investment Committee report, i.e. keeping equities at a small overweight in portfolios and government bonds at an underweight,\" the Credit Suisse CIO writes.</p>\n<p>Analysts at Citigroup also said that \"we would buy into any dip,\" noting that its bearish checklist doesn't indicate significant red flags. \"Valuations look stretched, but other factors (credit spreads, fund flows) are not yet especially extended,\" Citi writes, with 7.5 out of 18 red flags triggered in its measures of global markets while the U.S. is seeing 9.5 of 18.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4fba734970a8c977a13d6972402b65f\" tg-width=\"700\" tg-height=\"417\" referrerpolicy=\"no-referrer\"><span>Citi Research</span></p>\n<p>Greg Bassuk, CEO at AXS Investments in Port Chester, NY says that the end-of-week selling may have resulted in a Black Friday sale for stock-market investors.</p>\n<p>\"Black Friday is typically the unofficial kick-off to the annual holiday shopping season. But we believe the real shopping is for stocks that are beaten-down from Covid infection spikes, inflation fears, and supply chain woes, but that still possess strong fundamentals that will drive their gains as the economy ultimately reopens,\" he wrote</p>\n<p>That said, some analysts note that the lockdowns playing out in Europe and the spread of COVID, even before the omicron declaration, were reasons to be cautious since they will impact the global growth outlook.</p>\n<p>Either way, it seems that a degree of caveat emptor may be in force next week and could color trading for the remainder of the 2021.</p>\n<p>Trading on Monday will help determine whether bullishness persists or if a bearish phase is crystallizing.</p>\n<p>It will be a week focused on the state of employment, with the November U.S. jobs report due at the end of the week and Powell and others offering their final thoughts before a media blackout period starting ahead of the Federal Open Market Committee's final meeting of 2021 on Dec. 14-15.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's what the Black Friday carnage may mean for the stock market's trade Monday, analysts say\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-29 07:02 GMT+8 <a href=https://www.marketwatch.com/story/heres-what-the-black-friday-carnage-may-mean-for-the-stock-markets-trade-monday-analysts-say-11638021516?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OMG, omicron!\nThe new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how ...</p>\n\n<a href=\"https://www.marketwatch.com/story/heres-what-the-black-friday-carnage-may-mean-for-the-stock-markets-trade-monday-analysts-say-11638021516?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4551":"寇图资本持仓","BK4548":"巴美列捷福持仓","BK4112":"金融交易所和数据",".SPX":"S&P 500 Index","ICE":"洲际交易所","BK4534":"瑞士信贷持仓","BK4139":"生物科技","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4568":"美国抗疫概念","MRNA":"Moderna, Inc.","BK4007":"制药",".DJI":"道琼斯","BK4532":"文艺复兴科技持仓","PFE":"辉瑞",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/heres-what-the-black-friday-carnage-may-mean-for-the-stock-markets-trade-monday-analysts-say-11638021516?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2187329491","content_text":"OMG, omicron!\nThe new, fast-spreading B.1.1.529 strain of coronavirus declared a variant of concern by the World Health Organization roiled global markets on Black Friday, raising concerns about how the economy and Wall Street may perform in the coming week, following a selloff that wiped out November gains for the S&P 500 index and the Nasdaq Composite and sent the Dow Jones Industrial Average down by the most in a day since Oct. 28, 2020.\nWHO said that the omicron variant, which has been detected in Belgium, Israel, and Hong Kong and was first identified in southern parts of Africa, is more transmissible than the delta strain that is currently dominant world-wide, and other variants.\nThe emergence of the new strain led to the White House announcing restrictions, starting on Monday, on travel for non-U.S. citizens and residents from South Africa, as well as from Botswana, Zimbabwe, Namibia, Lesotho, Eswatini, Mozambique, and Malawi, joining the European Union, the U.K., Singapore and Japan, which also announced similar travel bans.\nThe market selloff during the abbreviated Black Friday session and the commensurate flight to assets that investors hope will perform better amid fresh mobility restrictions, helped to overshadow the usual focus on retail, on a day associated with heavy consumer spending ahead of the Christmas holiday. Friday's downturn also offered a crystal clear reminder that the path of the market and economy hinges on the course of COVID.\nWhat isn't clear is whether the latest coronavirus development will do lasting harm to the complexion of the market. Omicron comes at a fragile time for optimistic investors, with bears pointing to lofty stock market valuations, inflation worries and global economic growth concerns as reasons to expect a drawdown in equities that have managed to avoid a decline from a peak of more than 5%.\nIn theory, Friday's post-Thanksgiving environment is traditionally lightly traded and therefore more susceptible to outsize price swings.\nThe Nasdaq saw its lowest volume of the year on Black Friday, with 3.479 billion shares trading hands, well below the year-to-date average of 5.099 billion. The total composite volume, including trading on Intercontinental Exchange -owned NYSE platforms, was 8.760 billion, compared with an year-to-date average of 11.196 billion, according to Dow Jones Market Data.\nStill, only time will tell whether the reaction to omicron is a textbook, knee-jerk selloff or something more sinister.\nMarketWatch's Bill Watts wrote, citing Friday research from Mark Arbeter of Arbeter Investments, that the next level of support to watch for the S&P 500 after closing at 4,594,62 on Friday is at 4,570, the 50-day exponential average; 4,566, the 38.2% retracement of the rally; and 4,550, a previous high from early September.\n\"It is too early to know to what extent the new variant will affect economies and markets, and Friday's market moves have probably been exacerbated by reduced liquidity owing to the US Thanksgiving holiday, and the risk that further bad news emerges over the weekend,\" writes Jonas Goltermann senior markets economist at Capital Economics, in a Friday research note.\nJ.C. Parets of the All Star Charts blog writes that things could get dicey if the S&P 500 is driven below 4,500, with little support beneath that point.\n\"You know how parents always tell you nothing good ever happens after midnight? Well in the S&P 500, nothing good happens below 4500,\" he writes in a Friday blog.\nAll Star Charts\n\"If we're below that then there is a probably a much bigger problem out there, and the heaviest cash positions in 18 months would be warranted,\" Parets writes.\nSome analysts say that there are legitimate reasons for unease, on the public health front.\n\"The fact that this variant seems to be spreading much faster than previous versions (including the Delta variant) bears very careful monitoring,\" wrote Michael Strobaek, global chief investment officer at Credit Suisse, in a research note. There are some questions about the effectiveness of existing COVID vaccines from Pfizer and Moderna due to the number of mutations that the omicron variant bears on the spike protein. The spike protein is the part of the virus targeted by COVID-19 vaccines.\nAnalyst at Jefferies led by analyst Sean Darby note that risk-appetite was already edging lower before Black Friday and the selloff may have been a \"tipping point\" in favor of caution and risk moderation.\n\"The news of a new or not so new COVID variant spreading in Southern Africaappears to have been the tipping point in altering risk appetite in the past 24 hours,\" the Jefferies analyst wrote.\n\"However, there has been a sea change in risk variables over the past month -- anincreasing number of 'tailed treasury auctions', declining equity market breadth andthe imperceptible change in US retail appetite that seems to have gone unnoticed.Positioning in global equities is one of the most aggressive in US history,\" according to Darby and his colleagues.\nJefferies research suggests that investors are now expecting that the Federal Reserve, under renominated Chairman Jerome Powell, will hasten the pace of reductions in the central bank's asset purchases, which will lead to tighter financial conditions that could prove unfavorable to risky assets. Goldman Sachs sees the Fed stepping up tapering to $30 billion a month from a reduction of $15 billion, and estimates three policy interest rate increases in 2022, up from two.\n\"Ultimately the Sharpe ratio -- a measure of return per unit of risk -- isturning for global equities. We expect the gap between the performance of risky and safe haven assets to diminish,\" Jefferies wrote.\nvia Jefferies\nThe situation could still prove a buying opportunity for bold investors, however.\nStrobaek wrote that \"risk assets such as equities are likely to give back some strength, but we would see this as an opportunity in selective and specific areas.\"\n\"At this point, we reiterate our assessment from the latest Investment Committee report, i.e. keeping equities at a small overweight in portfolios and government bonds at an underweight,\" the Credit Suisse CIO writes.\nAnalysts at Citigroup also said that \"we would buy into any dip,\" noting that its bearish checklist doesn't indicate significant red flags. \"Valuations look stretched, but other factors (credit spreads, fund flows) are not yet especially extended,\" Citi writes, with 7.5 out of 18 red flags triggered in its measures of global markets while the U.S. is seeing 9.5 of 18.\nCiti Research\nGreg Bassuk, CEO at AXS Investments in Port Chester, NY says that the end-of-week selling may have resulted in a Black Friday sale for stock-market investors.\n\"Black Friday is typically the unofficial kick-off to the annual holiday shopping season. But we believe the real shopping is for stocks that are beaten-down from Covid infection spikes, inflation fears, and supply chain woes, but that still possess strong fundamentals that will drive their gains as the economy ultimately reopens,\" he wrote\nThat said, some analysts note that the lockdowns playing out in Europe and the spread of COVID, even before the omicron declaration, were reasons to be cautious since they will impact the global growth outlook.\nEither way, it seems that a degree of caveat emptor may be in force next week and could color trading for the remainder of the 2021.\nTrading on Monday will help determine whether bullishness persists or if a bearish phase is crystallizing.\nIt will be a week focused on the state of employment, with the November U.S. jobs report due at the end of the week and Powell and others offering their final thoughts before a media blackout period starting ahead of the Federal Open Market Committee's final meeting of 2021 on Dec. 14-15.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":875229117,"gmtCreate":1637659472171,"gmtModify":1637659472349,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/875229117","repostId":"2185638587","repostType":2,"repost":{"id":"2185638587","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":1637659145,"share":"https://www.laohu8.com/m/news/2185638587?lang=&edition=full","pubTime":"2021-11-23 17:19","market":"us","language":"en","title":"5 Stocks To Watch For November 23, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2185638587","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:\n\tWall Street expects Best Buy Co Inc (NYSE: BBY) to report quarterly earnings at $1.91 per share on revenue of $11.56 billion before the opening bell. Best Buy shares rose 0.7% to $139.00 in after-hours trading.\n","content":"<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Best Buy Co Inc </b> (NYSE:BBY) to report quarterly earnings at $1.91 per share on revenue of $11.56 billion before the opening bell. Best Buy shares rose 0.7% to $139.00 in after-hours trading.</li>\n <li><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc </b> (NASDAQ:ZM) reported better-than-expected results for its third quarter on Monday. The company reported its customers that contribute more than $100,000 in the trailing 12 months totaled 2,507, up 94% year-over-year. Zoom Video shares, however, dropped 6.8% to $225.80 in the after-hours trading session.</li>\n <li>Analysts are expecting <b> <a href=\"https://laohu8.com/S/DLTR\">Dollar Tree, Inc.</a> </b> (NASDAQ:DLTR) to have earned $0.96 per share on revenue of $6.41 billion in the recent quarter. The company will release earnings before the markets open. Dollar Tree shares fell 0.7% to $131.70 in after-hours trading.</li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/URBN\">Urban Outfitters</a>, Inc.</b> (NASDAQ:URBN) posted upbeat earnings and sales results for the third quarter. Its same-store sales climbed 14.6% year-over-year during the quarter. Urban Outfitters shares tumbled 12.1% to $32.78 in the after-hours trading session.</li>\n <li>Analysts expect <b> HP Inc </b> (NYSE:HPQ) to post quarterly earnings at $0.88 per share on revenue of $15.40 billion after the closing bell. HP shares rose 0.2% to $32.00 in after-hours trading.</li>\n</ul>","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>5 Stocks To Watch For November 23, 2021</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\">\n5 Stocks To Watch For November 23, 2021\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\">2021-11-23 17:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p>\n<ul>\n <li>Wall Street expects <b> Best Buy Co Inc </b> (NYSE:BBY) to report quarterly earnings at $1.91 per share on revenue of $11.56 billion before the opening bell. Best Buy shares rose 0.7% to $139.00 in after-hours trading.</li>\n <li><b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications Inc </b> (NASDAQ:ZM) reported better-than-expected results for its third quarter on Monday. The company reported its customers that contribute more than $100,000 in the trailing 12 months totaled 2,507, up 94% year-over-year. Zoom Video shares, however, dropped 6.8% to $225.80 in the after-hours trading session.</li>\n <li>Analysts are expecting <b> <a href=\"https://laohu8.com/S/DLTR\">Dollar Tree, Inc.</a> </b> (NASDAQ:DLTR) to have earned $0.96 per share on revenue of $6.41 billion in the recent quarter. The company will release earnings before the markets open. Dollar Tree shares fell 0.7% to $131.70 in after-hours trading.</li>\n</ul>\n<ul>\n <li><b><a href=\"https://laohu8.com/S/URBN\">Urban Outfitters</a>, Inc.</b> (NASDAQ:URBN) posted upbeat earnings and sales results for the third quarter. Its same-store sales climbed 14.6% year-over-year during the quarter. Urban Outfitters shares tumbled 12.1% to $32.78 in the after-hours trading session.</li>\n <li>Analysts expect <b> HP Inc </b> (NYSE:HPQ) to post quarterly earnings at $0.88 per share on revenue of $15.40 billion after the closing bell. HP shares rose 0.2% to $32.00 in after-hours trading.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4114":"综合货品商店","BK4535":"淡马锡持仓","BBY":"百思买","BK4076":"电脑与电子产品零售","BK4551":"寇图资本持仓","BK4094":"服装零售","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓","BK4170":"电脑硬件、储存设备及电脑周边","URBN":"都市服饰","BK4528":"SaaS概念","BK4023":"应用软件","BK4532":"文艺复兴科技持仓","BK4554":"元宇宙及AR概念","ZM":"Zoom","DLTR":"美元树公司","BK4567":"ESG概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4525":"远程办公概念"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185638587","content_text":"Some of the stocks that may grab investor focus today are:\n\nWall Street expects Best Buy Co Inc (NYSE:BBY) to report quarterly earnings at $1.91 per share on revenue of $11.56 billion before the opening bell. Best Buy shares rose 0.7% to $139.00 in after-hours trading.\nZoom Video Communications Inc (NASDAQ:ZM) reported better-than-expected results for its third quarter on Monday. The company reported its customers that contribute more than $100,000 in the trailing 12 months totaled 2,507, up 94% year-over-year. Zoom Video shares, however, dropped 6.8% to $225.80 in the after-hours trading session.\nAnalysts are expecting Dollar Tree, Inc. (NASDAQ:DLTR) to have earned $0.96 per share on revenue of $6.41 billion in the recent quarter. The company will release earnings before the markets open. Dollar Tree shares fell 0.7% to $131.70 in after-hours trading.\n\n\nUrban Outfitters, Inc. (NASDAQ:URBN) posted upbeat earnings and sales results for the third quarter. Its same-store sales climbed 14.6% year-over-year during the quarter. Urban Outfitters shares tumbled 12.1% to $32.78 in the after-hours trading session.\nAnalysts expect HP Inc (NYSE:HPQ) to post quarterly earnings at $0.88 per share on revenue of $15.40 billion after the closing bell. HP shares rose 0.2% to $32.00 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864104878,"gmtCreate":1633066245323,"gmtModify":1633066245974,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/864104878","repostId":"2172095220","repostType":4,"isVote":1,"tweetType":1,"viewCount":350,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604604607,"gmtCreate":1639380652918,"gmtModify":1639380653339,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604604607","repostId":"1146616840","repostType":4,"isVote":1,"tweetType":1,"viewCount":634,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853845750,"gmtCreate":1634792641753,"gmtModify":1634792642448,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853845750","repostId":"1118528593","repostType":4,"repost":{"id":"1118528593","pubTimestamp":1634788571,"share":"https://www.laohu8.com/m/news/1118528593?lang=&edition=full","pubTime":"2021-10-21 11:56","market":"us","language":"en","title":"PayPal: Heads I Win, Tails I Win","url":"https://stock-news.laohu8.com/highlight/detail?id=1118528593","media":"Seeking Alpha","summary":"Summary\n\nFirst, I briefly discuss the news about PYPL buying PINS.\nSecond, I explain how this improv","content":"<p><b>Summary</b></p>\n<ul>\n <li>First, I briefly discuss the news about PYPL buying PINS.</li>\n <li>Second, I explain how this improved PYPL's price for investors.</li>\n <li>Third, I describe how PINS fits into PYPL and how it could be accretive.</li>\n <li>Fourth, I also outline why a \"dead deal\" is also quite acceptable.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44adcd1b54b3a4b65c37aded8b348f75\" tg-width=\"1536\" tg-height=\"1009\" width=\"100%\" height=\"auto\"><span>Sean Gallup/Getty Images News</span></p>\n<p>The purpose of this article is to take a big picture view of PayPal (PYPL) in light of the recent news regarding PYPL buying Pinterest (PINS). Quite frankly, I don't care if they buy PINS or the deal falls through. That's what I'm covering.</p>\n<p>Here's how the article plays out. First, I briefly discuss the news about PYPL buying PINS. Second, I explain how this improved PYPL's price for investors. Third, I describe how PINS fits into PYPL and it could be good. However, fourth, I also outline why a \"dead deal\" is also acceptable.</p>\n<p><b>The \"Shocking\" News</b></p>\n<p>If you're reading this, then you're probably already familiar with the news. As Bloomberg reports,PayPal Is Exploring a Purchase of Pinterest.</p>\n<blockquote>\n San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around $70 a share, the people said.\n</blockquote>\n<blockquote>\n That would value Pinterest at about $45 billion for the entire company, including its Class B shares. A deal at that level would represent about a 26% premium to Pinterest’s Tuesday closing price of $55.58.\n</blockquote>\n<p>And, as a result, here's what happened:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f0cbd27e17802078aeed4126cdf0e93d\" tg-width=\"635\" tg-height=\"433\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>You might laugh that I'm showing the six month chart and that's the point. In six months, PYPL from $264 to $258, for a slight drift down. PINS is actually down about 25% over six months, from $71 to $63, for a pretty big drop. For PINS, the 13% gain today was a real gift, at least in terms of price action.</p>\n<p>Let's take another peek at this, in a much shorter timeframe. From a price perspective alone,<i>in just one day</i>, it's easy to see huge changes:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4a27f8e192506cc9637083edd81c405\" tg-width=\"640\" tg-height=\"526\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa06cd8a6b48ca229a014e6c5440d294\" tg-width=\"640\" tg-height=\"557\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p>On the surface, it sure does look like PINS is on fire and PYPL is taking a hit. But, as per my very first chart above, PINS is still weak on price, even after the movement today. And, PYPL is close to breakeven from six months ago.</p>\n<p>In an absolute sense, I care far less about PINS than PYPL, since I own PYPL and I like the company. So, there's a bias, just to be 100% clear.</p>\n<p>With that perspective out of the way, and my bias on full display, let's take a look at what this all means for investors -<i>especially PYPL investors</i>.</p>\n<p>Heads I Win, Part 1</p>\n<p>So, when the news broke, I expected a slight drop in PYPL. When I saw the drop down below $260, I got greedy. For the record, I bought more PYPL at $255.62 with a smile on my face.</p>\n<p>PYPL got cheaper but the value is the same, or better, as it was just 1-2 days ago. I'll explain more shortly. For now, just consider my point of view, which is that the price of PYPL went lower so I got more for my money. I ended up with a 5% discount because of some moderately good news. (More on that soon.)</p>\n<p>So, before going on, I strongly encourage you to review an article that I wrote back in early August 2021:PayPal: The Star Business.</p>\n<ul>\n <li>PYPL is in a high growth industry.</li>\n <li>PYPL commands significant market share.</li>\n <li>PYPL is growing very fast.</li>\n <li>PYPL is innovating like crazy.</li>\n</ul>\n<p>Furthermore, I was very clear:</p>\n<blockquote>\n I'm very bullish on PYPL below $250 and I'm bullish at $275. And, in fact, I've established a starter position recently at $275. I'll continue to add small amounts on the way down, if that happens.\n</blockquote>\n<p>Therefore, at $255, I feel very good about buying more PYPL. It's high quality, well managed business, in a rapidly growing market. In short, when the price dropped about 5%,<i>it simply meant getting more PYPL at a discount</i>.</p>\n<p><b>Tails I Win</b></p>\n<p>Now, let's suppose that the PINS deal falls through. In that case, I am happy because I was able to purchase more PYPL at a lower price. Again, same company, but a better bargain.</p>\n<p>Furthermore, let's assume the deal falls through and markets reflect on this. It's my feeling that investors will simply reprice PYPL back upwards, toward $270 to $275, or higher.</p>\n<p>I have no idea how long that \"rerating\" would take, but there's no reason to think that an offer to buy PINS would permanently impair PYPL. I just don't see it. Making an offer doesn't usually cause any real damage. If you have data otherwise, please offer it up.</p>\n<p><b>Heads I Win, Part 2</b></p>\n<p>With all of that out of the way, perhaps PINS is a good company, and it's good for PYPL. Well, on the surface, I like what I see here:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4128074a4ab4bea3095477286834fe0c\" tg-width=\"640\" tg-height=\"502\" width=\"100%\" height=\"auto\"><span>Source: Business of Apps</span></p>\n<p>And, the user base is growing strongly, although Q2 2021 took a dip:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fa2dc758204cd1b7173cfdc68b4af6f5\" tg-width=\"640\" tg-height=\"510\" width=\"100%\" height=\"auto\"><span>Source: Business of Apps</span></p>\n<p>Here's more color on that drop:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3819d2ba7bf53060011a2edb152ce91f\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"><span>Source: Pinterest Q2 2021 Earnings Report</span></p>\n<p>The drop doesn't worry me too much. After all, Pinterest enjoyed a boost due to the stay-at-home, work-from-home effects of the pandemic. Furthermore, you can see the actual YoY numbers, quarter to quarter, and they are at least satisfactory.</p>\n<p>For what it's worth, PINS CEO Benjamin Silbermann explains the drop off it quite well:</p>\n<blockquote>\n One, overall time at home has shifted. And two, a lot of the use cases that were especially relevant last year, things like redecorating your home, educating your kid at home, cooking meals at home, those have lessened. Now it's early to say how those will normalize over time. I wouldn't describe the current user behavior or the current social environment exactly the same, but we're seeing some promising early signs.\n</blockquote>\n<p>That perfectly lines up with my intuition as well.<i>Moving on.</i></p>\n<p>I'm also enjoying this data, properly broken out for inspection:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/64c5df28f93bef395b5a99aa6914b196\" tg-width=\"640\" tg-height=\"344\" width=\"100%\" height=\"auto\"><span>Source: Pinterest Q2 2021 Earnings Report</span></p>\n<p>While I do care about the numbers, and the improvements over time, I'm more interested in what PYPL might see here. That is, users have value, because users are shopping and buying. Imagine if PYPL was able to push more e-commerce, or really any kind of transaction, through these users. Clearly, they spend money.</p>\n<p>Consider the usage, adoption and general activity flow:</p>\n<blockquote>\n “If PayPal does buy Pinterest, the fintech gains a social media presence rivaling Instagram, bringing in highly engaged consumers and helping merchants sell products,” said Julie Chariell, Bloomberg Intelligence senior fintech industry analyst. “PayPal has much to gain: Pinterest has \n <b>380 million monthly active users who use the app 37 times a month, compared with 80 million PayPal users who are active eight to nine times a month</b>.” [Emphasis: Author's]\n</blockquote>\n<p>User activity is wonderful. Now, imagine how user activity isn't just looking at funny cat videos or pictures of the Grand Canyon. Instead, the activity on Pinterest is very heavy on browsing-to-buy, and<i>literally shopping</i>. I mean, that's almost entirely the point from what I gather.The data speaks volumes:</p>\n<ul>\n <li>Nearly 80% of U.S. Millennial women are on Pinterest.</li>\n <li>4 in 5 U.S. moms have an active presence on Pinterest.</li>\n <li>Half of U.S. users are also using Pinterest to shop.</li>\n <li>Nearly 9 in 10 users are on Pinterest to plan purchases and find inspiration.</li>\n <li>85% of users have made a purchase based on seeing a branded pin.</li>\n</ul>\n<p>And, PINS is looking to continue down the user monetization path.</p>\n<blockquote>\n “Pinterest has been intently focused on driving greater shoppability into its platform,” and he notes that product inventory grew almost 50% in the second quarter “driven by Pinterest’s Shopify partnership expansion.”\n</blockquote>\n<p>And, I have heard plenty of people talk about PYPL's plans to expand their user base, since they have a relatively easy monetization path if they have the users.For example:</p>\n<blockquote>\n PayPal has over 400 million registered users, and they are the customers, but they're also the product going forward because PayPal also has over 30 million merchants on its platform and one of its main goals right now,\n <b>it's trying to grow its user base, it's trying to get 750 million users by 2025</b>. But it's trying to get them to transact more and more on the platform, that's why it's launching these new products and services like buy now, pay later; cryptocurrency; things like this. It wants to basically know all of the transactions, all the financial dealings of its consumers, because then it can take that data and give it to merchants. [Emphasis: Author's]\n</blockquote>\n<p>I definitely see how PYPL could help take PINS social e-commerce to the next level, and even more effectively partner with Shopify (SHOP) along the way. As I've said to several people now -<i>I don't hate this deal</i>, and that's usually a good sign.</p>\n<p><b>Tails I Win, Part 2</b></p>\n<p>At this point, per the data above, you might be very keen to see PYPL buying PINS. I am certainly not against it, knowing what I know. PINS users are rather fanatical, and I could see great synergy. It almost reminds me of how PYPL and eBay (EBAY) were once under one roof. But, I think PINS is far superior in this day and age. That is, PYPL is better off with PINS than EBAY at this point in time - I have no doubt about that in my mind.</p>\n<p>I should also mention that the price is better now than when Microsoft (MSFT) was considering a deal:</p>\n<blockquote>\n Price tag–wise,\n <b>Pinterest’s stock is off roughly 30% from its all-time high</b> in February as the platform has been losing users—a discount from when reports swirled that Microsoft was looking into buying the firm at around $51 billion early this year. [Emphasis: Author's]\n</blockquote>\n<p>Even if the deal falls through, I still see the conversations as being productive, and I still see some partnership activity increasing in the future. You don't need to be married to dance at the party.</p>\n<p>Furthermore, I don't like big deals, but I do like intelligent conversations. Put another way, PYPL is looking to spend $45 billion for PINS. That's huge. And it's messy:</p>\n<blockquote>\n Barclays’ El-Assal commented that a deal for Pinterest would be the biggest one that PayPal has attempted in its history and “\n <b>would necessitate a different mix of funding than just cash on hand</b>, as has been the case for previous acquisitions.” [Emphasis: Author's]\n</blockquote>\n<p>And...</p>\n<blockquote>\n It would be the biggest acquisition of a social media company, surpassing Microsoft Corp's $26.2 billion purchase of LinkedIn in 2016.\n</blockquote>\n<p>They can't just buy it with cash. This isn't a simple \"bolt on\" for PYPL. And, if it fails, quite honestly, I'll cheer a little because the research is against big M&A. According to the<i>Harvard Business Review</i>:</p>\n<blockquote>\n ...study after study puts the failure rate of mergers and acquisitions somewhere between 70% and 90%.\n</blockquote>\n<p><b>Wrap-Up</b></p>\n<p>I hope a few things are clear. First, I'm bullish on PYPL and I'm happy to be buying at prices around $250. I'm even willing to buy up to $275, but I'll take a lower price, of course. (Thank you for any discount.)</p>\n<p>Second,<i>I do see how PINS could be a great purchase for PYPL</i>. It fits their mission for user growth, and general business growth. The revenue and user monetization opportunity is intriguing, if not excellent. Furthermore, the user base itself likes to shop and buy, which is perfect for PYPL.</p>\n<p>Third, if the deal does not go through, then I won't be shocked, and I won't be sad. The price for PINS seems about right, and it might even be at a slight discount - especially in its potential long-term value to PYPL. But, if talks fail, it won't cause me to skip a beat, or lose faith in PYPL whatsoever. And, in fact, I might even feel relief. Again,<i>Godzilla-size M&A doesn't have a great record</i>.</p>\n<p>And, finally, the biggest risk that I see is quite simple. Namely, that PYPL decides to raise the offer price, higher and higher. Right now, the price is acceptable as a PYPL shareholder. But, if the price tag keeps going up, for whatever reason, then I'll be much less enthusiastic. In fact, if the offer price goes up too much, I might have to revise my entire PYPL thesis. Poor capital allocation is deadly. I want a great deal, or no deal. We'll see how it plays out.</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>PayPal: Heads I Win, Tails I Win</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\">\nPayPal: Heads I Win, Tails I Win\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 11:56 GMT+8 <a href=https://seekingalpha.com/article/4460962-paypal-stock-pinterest-acquisition><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nFirst, I briefly discuss the news about PYPL buying PINS.\nSecond, I explain how this improved PYPL's price for investors.\nThird, I describe how PINS fits into PYPL and how it could be ...</p>\n\n<a href=\"https://seekingalpha.com/article/4460962-paypal-stock-pinterest-acquisition\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://seekingalpha.com/article/4460962-paypal-stock-pinterest-acquisition","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118528593","content_text":"Summary\n\nFirst, I briefly discuss the news about PYPL buying PINS.\nSecond, I explain how this improved PYPL's price for investors.\nThird, I describe how PINS fits into PYPL and how it could be accretive.\nFourth, I also outline why a \"dead deal\" is also quite acceptable.\n\nSean Gallup/Getty Images News\nThe purpose of this article is to take a big picture view of PayPal (PYPL) in light of the recent news regarding PYPL buying Pinterest (PINS). Quite frankly, I don't care if they buy PINS or the deal falls through. That's what I'm covering.\nHere's how the article plays out. First, I briefly discuss the news about PYPL buying PINS. Second, I explain how this improved PYPL's price for investors. Third, I describe how PINS fits into PYPL and it could be good. However, fourth, I also outline why a \"dead deal\" is also acceptable.\nThe \"Shocking\" News\nIf you're reading this, then you're probably already familiar with the news. As Bloomberg reports,PayPal Is Exploring a Purchase of Pinterest.\n\n San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around $70 a share, the people said.\n\n\n That would value Pinterest at about $45 billion for the entire company, including its Class B shares. A deal at that level would represent about a 26% premium to Pinterest’s Tuesday closing price of $55.58.\n\nAnd, as a result, here's what happened:\nData by YCharts\nYou might laugh that I'm showing the six month chart and that's the point. In six months, PYPL from $264 to $258, for a slight drift down. PINS is actually down about 25% over six months, from $71 to $63, for a pretty big drop. For PINS, the 13% gain today was a real gift, at least in terms of price action.\nLet's take another peek at this, in a much shorter timeframe. From a price perspective alone,in just one day, it's easy to see huge changes:\nSource: Seeking Alpha\nSource: Seeking Alpha\nOn the surface, it sure does look like PINS is on fire and PYPL is taking a hit. But, as per my very first chart above, PINS is still weak on price, even after the movement today. And, PYPL is close to breakeven from six months ago.\nIn an absolute sense, I care far less about PINS than PYPL, since I own PYPL and I like the company. So, there's a bias, just to be 100% clear.\nWith that perspective out of the way, and my bias on full display, let's take a look at what this all means for investors -especially PYPL investors.\nHeads I Win, Part 1\nSo, when the news broke, I expected a slight drop in PYPL. When I saw the drop down below $260, I got greedy. For the record, I bought more PYPL at $255.62 with a smile on my face.\nPYPL got cheaper but the value is the same, or better, as it was just 1-2 days ago. I'll explain more shortly. For now, just consider my point of view, which is that the price of PYPL went lower so I got more for my money. I ended up with a 5% discount because of some moderately good news. (More on that soon.)\nSo, before going on, I strongly encourage you to review an article that I wrote back in early August 2021:PayPal: The Star Business.\n\nPYPL is in a high growth industry.\nPYPL commands significant market share.\nPYPL is growing very fast.\nPYPL is innovating like crazy.\n\nFurthermore, I was very clear:\n\n I'm very bullish on PYPL below $250 and I'm bullish at $275. And, in fact, I've established a starter position recently at $275. I'll continue to add small amounts on the way down, if that happens.\n\nTherefore, at $255, I feel very good about buying more PYPL. It's high quality, well managed business, in a rapidly growing market. In short, when the price dropped about 5%,it simply meant getting more PYPL at a discount.\nTails I Win\nNow, let's suppose that the PINS deal falls through. In that case, I am happy because I was able to purchase more PYPL at a lower price. Again, same company, but a better bargain.\nFurthermore, let's assume the deal falls through and markets reflect on this. It's my feeling that investors will simply reprice PYPL back upwards, toward $270 to $275, or higher.\nI have no idea how long that \"rerating\" would take, but there's no reason to think that an offer to buy PINS would permanently impair PYPL. I just don't see it. Making an offer doesn't usually cause any real damage. If you have data otherwise, please offer it up.\nHeads I Win, Part 2\nWith all of that out of the way, perhaps PINS is a good company, and it's good for PYPL. Well, on the surface, I like what I see here:\nSource: Business of Apps\nAnd, the user base is growing strongly, although Q2 2021 took a dip:\nSource: Business of Apps\nHere's more color on that drop:\nSource: Pinterest Q2 2021 Earnings Report\nThe drop doesn't worry me too much. After all, Pinterest enjoyed a boost due to the stay-at-home, work-from-home effects of the pandemic. Furthermore, you can see the actual YoY numbers, quarter to quarter, and they are at least satisfactory.\nFor what it's worth, PINS CEO Benjamin Silbermann explains the drop off it quite well:\n\n One, overall time at home has shifted. And two, a lot of the use cases that were especially relevant last year, things like redecorating your home, educating your kid at home, cooking meals at home, those have lessened. Now it's early to say how those will normalize over time. I wouldn't describe the current user behavior or the current social environment exactly the same, but we're seeing some promising early signs.\n\nThat perfectly lines up with my intuition as well.Moving on.\nI'm also enjoying this data, properly broken out for inspection:\nSource: Pinterest Q2 2021 Earnings Report\nWhile I do care about the numbers, and the improvements over time, I'm more interested in what PYPL might see here. That is, users have value, because users are shopping and buying. Imagine if PYPL was able to push more e-commerce, or really any kind of transaction, through these users. Clearly, they spend money.\nConsider the usage, adoption and general activity flow:\n\n “If PayPal does buy Pinterest, the fintech gains a social media presence rivaling Instagram, bringing in highly engaged consumers and helping merchants sell products,” said Julie Chariell, Bloomberg Intelligence senior fintech industry analyst. “PayPal has much to gain: Pinterest has \n 380 million monthly active users who use the app 37 times a month, compared with 80 million PayPal users who are active eight to nine times a month.” [Emphasis: Author's]\n\nUser activity is wonderful. Now, imagine how user activity isn't just looking at funny cat videos or pictures of the Grand Canyon. Instead, the activity on Pinterest is very heavy on browsing-to-buy, andliterally shopping. I mean, that's almost entirely the point from what I gather.The data speaks volumes:\n\nNearly 80% of U.S. Millennial women are on Pinterest.\n4 in 5 U.S. moms have an active presence on Pinterest.\nHalf of U.S. users are also using Pinterest to shop.\nNearly 9 in 10 users are on Pinterest to plan purchases and find inspiration.\n85% of users have made a purchase based on seeing a branded pin.\n\nAnd, PINS is looking to continue down the user monetization path.\n\n “Pinterest has been intently focused on driving greater shoppability into its platform,” and he notes that product inventory grew almost 50% in the second quarter “driven by Pinterest’s Shopify partnership expansion.”\n\nAnd, I have heard plenty of people talk about PYPL's plans to expand their user base, since they have a relatively easy monetization path if they have the users.For example:\n\n PayPal has over 400 million registered users, and they are the customers, but they're also the product going forward because PayPal also has over 30 million merchants on its platform and one of its main goals right now,\n it's trying to grow its user base, it's trying to get 750 million users by 2025. But it's trying to get them to transact more and more on the platform, that's why it's launching these new products and services like buy now, pay later; cryptocurrency; things like this. It wants to basically know all of the transactions, all the financial dealings of its consumers, because then it can take that data and give it to merchants. [Emphasis: Author's]\n\nI definitely see how PYPL could help take PINS social e-commerce to the next level, and even more effectively partner with Shopify (SHOP) along the way. As I've said to several people now -I don't hate this deal, and that's usually a good sign.\nTails I Win, Part 2\nAt this point, per the data above, you might be very keen to see PYPL buying PINS. I am certainly not against it, knowing what I know. PINS users are rather fanatical, and I could see great synergy. It almost reminds me of how PYPL and eBay (EBAY) were once under one roof. But, I think PINS is far superior in this day and age. That is, PYPL is better off with PINS than EBAY at this point in time - I have no doubt about that in my mind.\nI should also mention that the price is better now than when Microsoft (MSFT) was considering a deal:\n\n Price tag–wise,\n Pinterest’s stock is off roughly 30% from its all-time high in February as the platform has been losing users—a discount from when reports swirled that Microsoft was looking into buying the firm at around $51 billion early this year. [Emphasis: Author's]\n\nEven if the deal falls through, I still see the conversations as being productive, and I still see some partnership activity increasing in the future. You don't need to be married to dance at the party.\nFurthermore, I don't like big deals, but I do like intelligent conversations. Put another way, PYPL is looking to spend $45 billion for PINS. That's huge. And it's messy:\n\n Barclays’ El-Assal commented that a deal for Pinterest would be the biggest one that PayPal has attempted in its history and “\n would necessitate a different mix of funding than just cash on hand, as has been the case for previous acquisitions.” [Emphasis: Author's]\n\nAnd...\n\n It would be the biggest acquisition of a social media company, surpassing Microsoft Corp's $26.2 billion purchase of LinkedIn in 2016.\n\nThey can't just buy it with cash. This isn't a simple \"bolt on\" for PYPL. And, if it fails, quite honestly, I'll cheer a little because the research is against big M&A. According to theHarvard Business Review:\n\n ...study after study puts the failure rate of mergers and acquisitions somewhere between 70% and 90%.\n\nWrap-Up\nI hope a few things are clear. First, I'm bullish on PYPL and I'm happy to be buying at prices around $250. I'm even willing to buy up to $275, but I'll take a lower price, of course. (Thank you for any discount.)\nSecond,I do see how PINS could be a great purchase for PYPL. It fits their mission for user growth, and general business growth. The revenue and user monetization opportunity is intriguing, if not excellent. Furthermore, the user base itself likes to shop and buy, which is perfect for PYPL.\nThird, if the deal does not go through, then I won't be shocked, and I won't be sad. The price for PINS seems about right, and it might even be at a slight discount - especially in its potential long-term value to PYPL. But, if talks fail, it won't cause me to skip a beat, or lose faith in PYPL whatsoever. And, in fact, I might even feel relief. Again,Godzilla-size M&A doesn't have a great record.\nAnd, finally, the biggest risk that I see is quite simple. Namely, that PYPL decides to raise the offer price, higher and higher. Right now, the price is acceptable as a PYPL shareholder. But, if the price tag keeps going up, for whatever reason, then I'll be much less enthusiastic. In fact, if the offer price goes up too much, I might have to revise my entire PYPL thesis. Poor capital allocation is deadly. I want a great deal, or no deal. We'll see how it plays out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":825752215,"gmtCreate":1634258989397,"gmtModify":1634274403794,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/825752215","repostId":"2175185761","repostType":4,"repost":{"id":"2175185761","pubTimestamp":1634258408,"share":"https://www.laohu8.com/m/news/2175185761?lang=&edition=full","pubTime":"2021-10-15 08:40","market":"us","language":"en","title":"Apple Hires New HomePod Software Head as It Takes on Amazon Echo","url":"https://stock-news.laohu8.com/highlight/detail?id=2175185761","media":"Bloomberg","summary":"(Bloomberg) -- Apple Inc. has hired a new engineer to lead software efforts for its HomePod smart sp","content":"<p>(Bloomberg) -- Apple Inc. has hired a new engineer to lead software efforts for its HomePod smart speaker, aiming to turn the product into a bigger hit.</p>\n<p>The iPhone maker is enlisting Afrooz Family to lead the work, according to people with knowledge of the matter. Family worked at Apple from 2012 to 2016 before leaving to co-found audio startup Syng with former Apple industrial designer Christopher Stringer. Family left the startup earlier this year after helping develop the company’s product, the Cell Alpha.</p>\n<p>Apple is looking to better challenge smart speakers from Amazon.com Inc. and Alphabet Inc.’s Google. Amazon’s Echo device, equipped with the Alexa voice assistant, currently dominates the industry. Users rely on the product to do things like play music, answer questions and set alarms.</p>\n<p>A representative of Cupertino, California-based Apple declined to comment.</p>\n<p>Jason Harrison, who had overseen HomePod software, left Apple last year for Airbnb Inc. The original HomePod, which debuted at $349 in 2018, sold poorly and was discontinued earlier this year. Last fall, Apple revisited the concept with the $99 HomePod mini.</p>\n<p>That device hasn’t become a blockbuster for Apple, but it has helped improve the company’s overall speaker sales. Still, it hasn’t made major inroads against the Amazon and Google devices, according to Consumer Intelligence Research Partners.</p>\n<p>Syng has had its own struggles. The startup developed its speaker as a high-end alternative to the HomePod, coming in at $1,800. It provides what the startup calls “triphonic sound” -- audio that comes from three different directions. But the device was a challenge to develop and manufacture, and its price makes it more of a niche product.</p>\n<p>Read more: How Apple is working on new HomePod mini features</p>\n<p>Family has plenty of experience with smart speakers. Prior to Syng, he was an audio engineer at Apple and worked on the original HomePod.</p>\n<p>Apple typically updates the HomePod’s software on an annual basis, alongside its major iPhone and iPad software updates. Last month, the tech giant updated the HomePod software with improved Apple TV integration. The company also shook up the product’s management several months ago, when it combined the HomePod and Apple TV software teams into a single group reporting to iTunes creator Jeff Robbin.</p>\n<p>Eventually, Apple plans to merge its HomePod and Apple TV hardware. The company is working on a combined Apple TV, HomePod and FaceTime camera device for debut as early as 2023, Bloomberg News has reported.</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>Apple Hires New HomePod Software Head as It Takes on Amazon Echo</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\">\nApple Hires New HomePod Software Head as It Takes on Amazon Echo\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-15 08:40 GMT+8 <a href=https://finance.yahoo.com/news/apple-hires-homepod-software-head-211545452.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Apple Inc. has hired a new engineer to lead software efforts for its HomePod smart speaker, aiming to turn the product into a bigger hit.\nThe iPhone maker is enlisting Afrooz Family to ...</p>\n\n<a href=\"https://finance.yahoo.com/news/apple-hires-homepod-software-head-211545452.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","AAPL":"苹果","ABNB":"爱彼迎","NWHM":"New Home Company Inc. ","GOOG":"谷歌","AMZN":"亚马逊"},"source_url":"https://finance.yahoo.com/news/apple-hires-homepod-software-head-211545452.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2175185761","content_text":"(Bloomberg) -- Apple Inc. has hired a new engineer to lead software efforts for its HomePod smart speaker, aiming to turn the product into a bigger hit.\nThe iPhone maker is enlisting Afrooz Family to lead the work, according to people with knowledge of the matter. Family worked at Apple from 2012 to 2016 before leaving to co-found audio startup Syng with former Apple industrial designer Christopher Stringer. Family left the startup earlier this year after helping develop the company’s product, the Cell Alpha.\nApple is looking to better challenge smart speakers from Amazon.com Inc. and Alphabet Inc.’s Google. Amazon’s Echo device, equipped with the Alexa voice assistant, currently dominates the industry. Users rely on the product to do things like play music, answer questions and set alarms.\nA representative of Cupertino, California-based Apple declined to comment.\nJason Harrison, who had overseen HomePod software, left Apple last year for Airbnb Inc. The original HomePod, which debuted at $349 in 2018, sold poorly and was discontinued earlier this year. Last fall, Apple revisited the concept with the $99 HomePod mini.\nThat device hasn’t become a blockbuster for Apple, but it has helped improve the company’s overall speaker sales. Still, it hasn’t made major inroads against the Amazon and Google devices, according to Consumer Intelligence Research Partners.\nSyng has had its own struggles. The startup developed its speaker as a high-end alternative to the HomePod, coming in at $1,800. It provides what the startup calls “triphonic sound” -- audio that comes from three different directions. But the device was a challenge to develop and manufacture, and its price makes it more of a niche product.\nRead more: How Apple is working on new HomePod mini features\nFamily has plenty of experience with smart speakers. Prior to Syng, he was an audio engineer at Apple and worked on the original HomePod.\nApple typically updates the HomePod’s software on an annual basis, alongside its major iPhone and iPad software updates. Last month, the tech giant updated the HomePod software with improved Apple TV integration. The company also shook up the product’s management several months ago, when it combined the HomePod and Apple TV software teams into a single group reporting to iTunes creator Jeff Robbin.\nEventually, Apple plans to merge its HomePod and Apple TV hardware. The company is working on a combined Apple TV, HomePod and FaceTime camera device for debut as early as 2023, Bloomberg News has reported.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":321356557,"gmtCreate":1615397062879,"gmtModify":1703488555456,"author":{"id":"3570852047190387","authorId":"3570852047190387","name":"tyng8825","avatar":"https://static.tigerbbs.com/96881c116505f25bd9b7404b76c5e06d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Only 2%[开心] ","listText":"Only 2%[开心] ","text":"Only 2%[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/321356557","repostId":"1119649730","repostType":4,"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}