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joker1

joker1

wb's Rule No1:Never lose money

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2021-11-12

$Alibaba(09988)$hhuh, why dropping today? Hongkie punters taking profits and run?

2021-11-02

$Alibaba(09988)$美国拼命买[鼓掌] ，香港拼命卖[抠鼻] [晕]

2021-11-17

[得意] [得意] [财迷] , huat ah!

抱歉，原内容已删除

2021-08-19

$Tiger Brokers(TIGR)$wake me up when September comes[叹气]

2021-07-16

$TIGR 20210716 17.5 PUT(TIGR)$anxious final 24hrs[丢脸]

2021-06-13

$Tiger Brokers(TIGR)$go go go!![财迷]

2021-06-22

$BIDU-SW(09888)$争气点啊

2021-07-22

$TIGR 20210820 15.0 PUT(TIGR)$got lucky this round[得意]

2021-05-27

$Quantumscape Corp.(QS)$垃圾股，lucky this are profits leftover

2021-05-21

$Tiger Brokers(TIGR)$will the real TIGR please stand up.[愤怒] [愤怒] [愤怒]

2021-11-16

Financial freedom only..for the founders[打脸]

Grab’s Ride-Hailing Service Disrupted Across Southeast Asia

2021-11-12

Amazon stock is only 4.4x price to book, what has tesla achieved to be compared to amazon at this Price? competitors are catching up and It's fsd is not even rated among the best right now.

Musk further sold Tesla shares on November 11

2021-08-25

$TENCENT(00700)$香港股市真差，腾讯这种优质股还拼命卖。

2021-08-06

$Tiger Brokers(TIGR)$我等到花儿也谢了[流泪]

2021-08-02

$Tiger Brokers(TIGR)$加油哦 ⛽！！

2021-11-10

Someone predict the crash gonna come soon every single month, just remember that even a broken clock get the time correct twice every day. Just stick to fundamentals and stay invested[正经]

Don't Get Too Comfortable: The Crash May Be Coming

2021-11-08

$HAIDILAO(06862)$hhuh, closing 300 stores and yet it's good news to investors?

2021-10-22

Like buying 4d..lol.

@hellrider:$Digital World Acquisition Corp(DWAC)$maybe trump want to reach out to Facebook1😊😁😁

2021-08-09

$Tiger Brokers(TIGR)$今天能破18马？[思考]

2021-07-19

Anyone feel like slaughtering a chicken 🐔 tonight?[愤怒]

Bill Ackman Was Too Clever for His Own Good

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tps://www.laohu8.com/m/news/1109541249?lang=&edition=full","pubTime":"2021-12-20 11:55","market":"us","language":"en","title":"Sea Stock: Down 43% From Its High, is a Buy Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109541249","media":"Seeking Alpha","summary":"Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the mar","content":"<p><b>Summary</b></p>\n<ul>\n <li>Sea Limited stock has been battered recently as growth stocks sold off massively in the market.</li>\n <li>However, we believe that the fundamental thesis on its rapid growth remains robust.</li>\n <li>We discuss why investors should capitalize on its recent significant correction to add exposure.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa5cbe0a30acc723a2c6f62300024002\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>kokkai/iStock Unreleased via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Sea Limited(NYSE:SE)&nbsp;stock is one of our highest conviction growth stocks that has been severely battered over the last month. Since its recent all-time high (ATH) in October, its price has dropped by a dramatic 43%. Many reasons have been presented on why the stock has fallen. We exhort investors not to read too much into them. We believe nothing material has changed from its fundamental thesis. The stock has had a remarkable run in 2021 relative to its gaming peers or e-tailer peers. Therefore, profit-taking of this extent should not be surprising as fear struck growth stocks.</p>\n<p>Moreover, the recent significant correction in growth stocks across the market has also hit SE stock hard. But, we are not concerned. Significant volatility will always be a factor influencing the performance of growth stocks like SE in the short term.</p>\n<p>Notably, we observed that the consensus target price on SE stock had been revised upwards since its FQ3 report card. Moreover, the gap between its price target and its current stock price has been greater than its last significant correction in April/May.</p>\n<p>Our internal DCF valuation model also points to a stock that is now significantly undervalued. Thanks to the market's myopia, we have been presented with another fantastic opportunity since April/May to add SE stock with great fervor again.</p>\n<p>We discuss why we think investors should not miss this incredible opportunity to add exposure to an outstanding growth stock.</p>\n<p><b>SE Stock YTD Performance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c191d1f0f6a10e392845cdbda1264aa\" tg-width=\"640\" tg-height=\"331\" referrerpolicy=\"no-referrer\"><span>SE stock YTD performance (as of 17 December'21).</span></p>\n<p>As a result of the significant correction recently, SE stock's YTD return has dropped to 6.9%, thus underperforming the market. Notably, its YTD gain was as high as 80% in October/early November. Despite that, the stock is still outperforming its e-tailer and gaming peers, as shown above.</p>\n<p><b>Sea Stock Estimates Have Consistently Been Revised Upwards</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8555128e2a30e924dd6c2dd162a27eea\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised revenue mean consensus estimates. Data source: S&amp;P Capital IQ, Seeking Alpha</span></p>\n<p>Readers can quickly observe that the company's revenue consensus estimates for FY21-23 have consistently been revised upwards over the last five months. These revisions lend credence to the robust growth prospects of the company over the next two years. Notably, Sea Limited's revenue is estimated to increase at a phenomenal CAGR of 42.8% through FY23.</p>\n<p>There were concerns over the growth rates of its Garena gaming arm in its FQ3 report card.We also explained in our previous article&nbsp;that Sea Limited has clearly explained that investors should expect normalization in Garena's growth after two spectacular years. However, its monetization capability continues to dazzle. Therefore, we are confident that Garena can continue its robust monetization strategies moving forward.</p>\n<p>Moreover, data from Sensor Tower's recent gaming statistics continue to point to sturdy performance from its Free Fire game. It continues to be ranked among the&nbsp;top ten mobile games in terms of overall gaming revenue&nbsp;in November. Moreover, it's also ranked#2 in overall downloadsacross both the App Store and Google Play. Notably, it's also among&nbsp;eight games globally whose annual revenue crossed $1B&nbsp;as of 14 December. Therefore, we think the sentiments and chatter about Free Fire's \"one-shot wonder\" have been overblown.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/51247ba1efd7fa6d333b482446e94c9a\" tg-width=\"515\" tg-height=\"380\" referrerpolicy=\"no-referrer\"><span>Global games market forecast. Source: Google, Newzoo</span></p>\n<p>In addition, the global gaming market is estimated to experience a slight decline to $175.8B after last year's massive 23% growth to $177.8B. However, given Garena's impressive growth in FY21 despite the decline in the global market, we believe it validates its business model and prospects. Notably, the gaming market is expected to reverse its decline moving forward. Therefore, Garena's leadership in mobile gaming could continue to propel its growth underpinned by the recovery in the global gaming market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a0612da9a19f7b7198d43213b4f4470\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Shopee adjusted EBITDA per order. Data source: Company filings</span></p>\n<p>But, some investors may have been spooked by Shopee's (Sea Limited's e-commerce arm) continued expansion into new geographical markets. Notably, Shopee continues to report adjusted EBITDA loss per order, as shown above. Therefore, some investors might have been concerned about whether the company's plate is getting too much to handle. Over the last three months, the company has entered into new markets such as India, France, Spain, and Poland. They are in addition to its battle with MercadoLibre (MELI) in Latin America, particularly Brazil. As a result, there are concerns on whether Sea Limited could continue its adroit execution in these markets while still making losses. We believe such concerns are valid. However, Sea Limited has shown its tremendous capability in penetrating the most important markets where the incumbents have strong leadership. It includes Lazada (BABA) in Southeast Asia, MercadoLibre in Brazil, and Tokopedia in Indonesia. Shopee was never the first-mover. But, it took advantage as the \"late-comer\" as it sought to compete with the incumbents. It's important to note that Sea Limited is not averse to competition. It has thrived against the incumbents and has made the e-commerce space in these geographical regions much more competitive.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/80938433e2d55307ca40000eeea2a26f\" tg-width=\"640\" tg-height=\"396\" referrerpolicy=\"no-referrer\"><span>Sea Limited revised adjusted EPS mean consensus estimates. Data source: S&amp;P Capital IQ, Seeking Alpha</span></p>\n<p>Nevertheless, the road towards profitability might be stretched further due to its e-commerce expansion. Readers can quickly glance over the chart above, where its adjusted EPS estimates have been revised downwards through FY23 over the last five months. However, we believe that if you are a long-term investor with a five-year horizon at least, it's not a cause for concern. Earlier investors in Sea Limited can keenly recall the company's massive adjusted EBITDA per order losses, as seen in the previous chart. Shopee has scaled tremendously over the last five years and has improved its operating leverage further. But, it's important to note that it takes time to scale up. Therefore, earlier losses in new geographical markets are expected. But, management has demonstrated its execution capability over the last three years. Considering its much reduced adjusted EBITDA losses over the previous few years, we believe that Shopee is even better positioned than before to navigate its expansion.</p>\n<p><b>So, is SE Stock a Buy Now?</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3dbc835e49ded8a7a0e5f4fcc9e10649\" tg-width=\"640\" tg-height=\"384\" referrerpolicy=\"no-referrer\"><span>SE stock EV/NTM Revenue 4Y mean.</span></p>\n<p>SE stock is trading at an EV/NTM Revenue of 8.3x. Therefore, it has brought it back to its 4Y NTM revenue multiple mean of 8.6x. We believe there's a fantastic opportunity right now as the market has undoubtedly overreacted. As demonstrated clearly, SE is still expected to generate massive revenue growth moving ahead, even though it means the road to profitability gets further extended.</p>\n<p>Considering its FY23 revenue estimate, SE stock is trading at just 5.8x FY23 revenue. No one can accurately predict where the stock will be headed over the next few months. But, we think it represents a tremendous opportunity right now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3bea18a0bdfd970ea640308dc35e099c\" tg-width=\"635\" tg-height=\"362\" referrerpolicy=\"no-referrer\"><span>SE stock price target Vs. actual price trend. Source: Seeking Alpha</span></p>\n<p>Moreover, readers can observe that the valuation gap between SE stock's consensus price target (PT) of $405.87 and its current price has never been more significant in a while. It's even more pronounced than its last significant correction in April/May. Notably, the consensus price target has been revised upwards despite the so-called \"gaming headwinds.\" And, if you look at the price chart, SE stock price has followed the revised PT trend very consistently over time. Therefore, the current price could be one of the most significant discounts you could observe in a long time.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/939a544ab94c9e2a2b8a6db943703b39\" tg-width=\"910\" tg-height=\"602\" referrerpolicy=\"no-referrer\"><span>SE stock DCF valuation model. Data source: S&amp;P Capital IQ, company filings, author</span></p>\n<p>Our DCF model also shows that SE stock is now significantly undervalued with an implied fair value of $371.46. We have also used reasonable estimates in our model. Moreover, we believe that SE will continue to gain significant operating leverage as it scales in the new markets. We estimate that its adjusted EBITDA margins could reach 15% by FY25.</p>\n<p>Lastly, the stock is also testing a critical support level that has strongly underpinned the stock's advance since early 2021. Therefore, there are sufficient reasons to believe that the current entry point to add exposure to SE stock seems very attractive now.</p>\n<p>Consequently,<i>we revise our rating on SE stock to Strong Buy</i>.</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>Sea Stock: Down 43% From Its High, is a Buy Now?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea Stock: Down 43% From Its High, is a Buy Now?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-20 11:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the market.\nHowever, we believe that the fundamental thesis on its rapid growth remains robust.\nWe discuss ...</p>\n\n<a href=\"https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4475931-sea-se-down-significantly-stock-strong-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109541249","content_text":"Summary\n\nSea Limited stock has been battered recently as growth stocks sold off massively in the market.\nHowever, we believe that the fundamental thesis on its rapid growth remains robust.\nWe discuss why investors should capitalize on its recent significant correction to add exposure.\n\nkokkai/iStock Unreleased via Getty Images\nInvestment Thesis\nSea Limited(NYSE:SE) stock is one of our highest conviction growth stocks that has been severely battered over the last month. Since its recent all-time high (ATH) in October, its price has dropped by a dramatic 43%. Many reasons have been presented on why the stock has fallen. We exhort investors not to read too much into them. We believe nothing material has changed from its fundamental thesis. The stock has had a remarkable run in 2021 relative to its gaming peers or e-tailer peers. Therefore, profit-taking of this extent should not be surprising as fear struck growth stocks.\nMoreover, the recent significant correction in growth stocks across the market has also hit SE stock hard. But, we are not concerned. Significant volatility will always be a factor influencing the performance of growth stocks like SE in the short term.\nNotably, we observed that the consensus target price on SE stock had been revised upwards since its FQ3 report card. Moreover, the gap between its price target and its current stock price has been greater than its last significant correction in April/May.\nOur internal DCF valuation model also points to a stock that is now significantly undervalued. Thanks to the market's myopia, we have been presented with another fantastic opportunity since April/May to add SE stock with great fervor again.\nWe discuss why we think investors should not miss this incredible opportunity to add exposure to an outstanding growth stock.\nSE Stock YTD Performance\nSE stock YTD performance (as of 17 December'21).\nAs a result of the significant correction recently, SE stock's YTD return has dropped to 6.9%, thus underperforming the market. Notably, its YTD gain was as high as 80% in October/early November. Despite that, the stock is still outperforming its e-tailer and gaming peers, as shown above.\nSea Stock Estimates Have Consistently Been Revised Upwards\nSea Limited revised revenue mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha\nReaders can quickly observe that the company's revenue consensus estimates for FY21-23 have consistently been revised upwards over the last five months. These revisions lend credence to the robust growth prospects of the company over the next two years. Notably, Sea Limited's revenue is estimated to increase at a phenomenal CAGR of 42.8% through FY23.\nThere were concerns over the growth rates of its Garena gaming arm in its FQ3 report card.We also explained in our previous article that Sea Limited has clearly explained that investors should expect normalization in Garena's growth after two spectacular years. However, its monetization capability continues to dazzle. Therefore, we are confident that Garena can continue its robust monetization strategies moving forward.\nMoreover, data from Sensor Tower's recent gaming statistics continue to point to sturdy performance from its Free Fire game. It continues to be ranked among the top ten mobile games in terms of overall gaming revenue in November. Moreover, it's also ranked#2 in overall downloadsacross both the App Store and Google Play. Notably, it's also among eight games globally whose annual revenue crossed $1B as of 14 December. Therefore, we think the sentiments and chatter about Free Fire's \"one-shot wonder\" have been overblown.\nGlobal games market forecast. Source: Google, Newzoo\nIn addition, the global gaming market is estimated to experience a slight decline to $175.8B after last year's massive 23% growth to $177.8B. However, given Garena's impressive growth in FY21 despite the decline in the global market, we believe it validates its business model and prospects. Notably, the gaming market is expected to reverse its decline moving forward. Therefore, Garena's leadership in mobile gaming could continue to propel its growth underpinned by the recovery in the global gaming market.\nShopee adjusted EBITDA per order. Data source: Company filings\nBut, some investors may have been spooked by Shopee's (Sea Limited's e-commerce arm) continued expansion into new geographical markets. Notably, Shopee continues to report adjusted EBITDA loss per order, as shown above. Therefore, some investors might have been concerned about whether the company's plate is getting too much to handle. Over the last three months, the company has entered into new markets such as India, France, Spain, and Poland. They are in addition to its battle with MercadoLibre (MELI) in Latin America, particularly Brazil. As a result, there are concerns on whether Sea Limited could continue its adroit execution in these markets while still making losses. We believe such concerns are valid. However, Sea Limited has shown its tremendous capability in penetrating the most important markets where the incumbents have strong leadership. It includes Lazada (BABA) in Southeast Asia, MercadoLibre in Brazil, and Tokopedia in Indonesia. Shopee was never the first-mover. But, it took advantage as the \"late-comer\" as it sought to compete with the incumbents. It's important to note that Sea Limited is not averse to competition. It has thrived against the incumbents and has made the e-commerce space in these geographical regions much more competitive.\nSea Limited revised adjusted EPS mean consensus estimates. Data source: S&P Capital IQ, Seeking Alpha\nNevertheless, the road towards profitability might be stretched further due to its e-commerce expansion. Readers can quickly glance over the chart above, where its adjusted EPS estimates have been revised downwards through FY23 over the last five months. However, we believe that if you are a long-term investor with a five-year horizon at least, it's not a cause for concern. Earlier investors in Sea Limited can keenly recall the company's massive adjusted EBITDA per order losses, as seen in the previous chart. Shopee has scaled tremendously over the last five years and has improved its operating leverage further. But, it's important to note that it takes time to scale up. Therefore, earlier losses in new geographical markets are expected. But, management has demonstrated its execution capability over the last three years. Considering its much reduced adjusted EBITDA losses over the previous few years, we believe that Shopee is even better positioned than before to navigate its expansion.\nSo, is SE Stock a Buy Now?\nSE stock EV/NTM Revenue 4Y mean.\nSE stock is trading at an EV/NTM Revenue of 8.3x. Therefore, it has brought it back to its 4Y NTM revenue multiple mean of 8.6x. We believe there's a fantastic opportunity right now as the market has undoubtedly overreacted. As demonstrated clearly, SE is still expected to generate massive revenue growth moving ahead, even though it means the road to profitability gets further extended.\nConsidering its FY23 revenue estimate, SE stock is trading at just 5.8x FY23 revenue. No one can accurately predict where the stock will be headed over the next few months. But, we think it represents a tremendous opportunity right now.\nSE stock price target Vs. actual price trend. Source: Seeking Alpha\nMoreover, readers can observe that the valuation gap between SE stock's consensus price target (PT) of $405.87 and its current price has never been more significant in a while. It's even more pronounced than its last significant correction in April/May. Notably, the consensus price target has been revised upwards despite the so-called \"gaming headwinds.\" And, if you look at the price chart, SE stock price has followed the revised PT trend very consistently over time. Therefore, the current price could be one of the most significant discounts you could observe in a long time.\nSE stock DCF valuation model. Data source: S&P Capital IQ, company filings, author\nOur DCF model also shows that SE stock is now significantly undervalued with an implied fair value of $371.46. We have also used reasonable estimates in our model. Moreover, we believe that SE will continue to gain significant operating leverage as it scales in the new markets. We estimate that its adjusted EBITDA margins could reach 15% by FY25.\nLastly, the stock is also testing a critical support level that has strongly underpinned the stock's advance since early 2021. Therefore, there are sufficient reasons to believe that the current entry point to add exposure to SE stock seems very attractive now.\nConsequently,we revise our rating on SE stock to Strong Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":845,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699157989,"gmtCreate":1639758622428,"gmtModify":1639758862140,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>woohoo,冲向云雀！！","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>woohoo,冲向云雀！！","text":"$Tiger Brokers(TIGR)$woohoo,冲向云雀！！","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/699157989","isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":690056747,"gmtCreate":1639616089093,"gmtModify":1639619915941,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Good analysis but&nbsp;Ironic writer highlight the ridiculous p/s ratio and loss for the last 20 yrs, yet try to&nbsp;call pltr a value trap.. there is nothing in pltr earning statements that look like good value in the first place.","listText":"Good analysis but&nbsp;Ironic writer highlight the ridiculous p/s ratio and loss for the last 20 yrs, yet try to&nbsp;call pltr a value trap.. there is nothing in pltr earning statements that look like good value in the first place.","text":"Good analysis but Ironic writer highlight the ridiculous p/s ratio and loss for the last 20 yrs, yet try to call pltr a value trap.. there is nothing in pltr earning statements that look like good value in the first place.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/690056747","repostId":"1143795954","repostType":2,"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603109344,"gmtCreate":1638370774292,"gmtModify":1638370774924,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Fake news also can published sia.","listText":"Fake news also can published sia.","text":"Fake news also can published sia.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603109344","repostId":"2188551711","repostType":2,"isVote":1,"tweetType":1,"viewCount":919,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877848961,"gmtCreate":1637918059550,"gmtModify":1637918059725,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Citing sources, yeah right.. Bloomberg spreading fake news when nothing is official. Western media are truly trash.","listText":"Citing sources, yeah right.. Bloomberg spreading fake news when nothing is official. Western media are truly trash.","text":"Citing sources, yeah right.. Bloomberg spreading fake news when nothing is official. Western media are truly trash.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/877848961","repostId":"2186191993","repostType":2,"isVote":1,"tweetType":1,"viewCount":771,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":876625764,"gmtCreate":1637307972442,"gmtModify":1637307972609,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>dead trend...not going up nor down..[疑问]&nbsp;.","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>dead trend...not going up nor down..[疑问]&nbsp;.","text":"$Alibaba(09988)$dead trend...not going up nor down..[疑问] .","images":[{"img":"https://static.tigerbbs.com/afa912e41231340d474a0aa50a20f7f9","width":"1080","height":"3531"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/876625764","isVote":1,"tweetType":1,"viewCount":847,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":878226216,"gmtCreate":1637199227524,"gmtModify":1637199227735,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Same share price here, earning report not bad also eat dust ytd, I wonder if there's any major news, almost all China tech crash ytd.","listText":"Same share price here, earning report not bad also eat dust ytd, I wonder if there's any major news, almost all China tech crash ytd.","text":"Same share price here, earning report not bad also eat dust ytd, I wonder if there's any major news, almost all China tech crash ytd.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878226216","repostId":"878228142","repostType":1,"repost":{"id":878228142,"gmtCreate":1637199108503,"gmtModify":1637199108606,"author":{"id":"3567242381966976","authorId":"3567242381966976","name":"Danielng","avatar":"https://static.tigerbbs.com/024f7639570d9482b3ca8647b5d54ebd","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09888\">$BIDU-SW(09888)$</a>dafuq","listText":"<a href=\"https://laohu8.com/S/09888\">$BIDU-SW(09888)$</a>dafuq","text":"$BIDU-SW(09888)$dafuq","images":[{"img":"https://static.tigerbbs.com/3c5e39a298148392d389d29f46a56270","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/878228142","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":591,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":878988284,"gmtCreate":1637138381299,"gmtModify":1637138381893,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[得意]&nbsp;[得意]&nbsp;[财迷]&nbsp;, huat ah!","listText":"[得意]&nbsp;[得意]&nbsp;[财迷]&nbsp;, huat ah!","text":"[得意] [得意] [财迷] , huat ah!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878988284","repostId":"1154755901","repostType":4,"repost":{"id":"1154755901","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1637138067,"share":"https://www.laohu8.com/m/news/1154755901?lang=&edition=full","pubTime":"2021-11-17 16:34","market":"hk","language":"en","title":"Baidu beats quarterly revenue estimates on robust ad sales, AI","url":"https://stock-news.laohu8.com/highlight/detail?id=1154755901","media":"Tiger Newspress","summary":"China's Baidu Inc on Wednesday reported quarterly revenue above Wall Street estimates, helped by str","content":"<p>China's Baidu Inc on Wednesday reported quarterly revenue above Wall Street estimates, helped by stronger advertising sales and demand for its artificial intelligence and cloud products.Baidu said total revenue was 31.92 billion yuan ($4.95 billion) in the third quarter, slightly above analysts' average estimate of 31.71 billion yuan, according to IBES data from Refinitiv.</p>\n<p>Baidu stock climbed 1.6% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ff45646bb43efda219e4c6b143b1daf8\" tg-width=\"848\" tg-height=\"627\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/84e4b6e7ab7b7d2ec65ad8ba25ce18cf\" tg-width=\"759\" tg-height=\"589\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Total revenues</b>&nbsp;were&nbsp;RMB 31.9 billion($4.95 billion), increasing 13% year over year.</p>\n<ul>\n <li><b>Revenue from Baidu Core</b>&nbsp;was&nbsp;RMB 24.7 billion($3.83 billion), increasing 15% year over year;<b>online marketing revenue</b>&nbsp;was&nbsp;RMB 19.5 billion($3.02 billion), up 6% year over year, and<b>non-online marketing revenue</b>wasRMB 5.2 billion($806 million), up 76% year over year, driven by cloud and other AI-powered businesses.</li>\n <li><b>Revenue from iQIYI</b>wasRMB 7.6 billion($1.18 billion), increasing 6% year over year.</li>\n</ul>\n<p><b>Cost of revenues</b>&nbsp;was&nbsp;RMB 16.1 billion($2.50 billion), increasing 26% year over year, primarily due to an increase in traffic acquisition costs, content costs and cost of goods sold related to new AI business.</p>\n<p><b>Selling, general and administrative expenses</b>&nbsp;were&nbsp;RMB 7.3 billion($1.14 billion), increasing 56% year over year, primarily due to an increase in channel spending, promotional marketing, personnel-related expenses and contingent loss pertaining to legal proceeding involving former advertising agency.</p>\n<p><b>Research and development expense</b>&nbsp;was&nbsp;RMB 6.2 billion($957 million), increasing 35% year over year, primarily related to personnel-related expenses.</p>\n<p><b>Operating income</b>&nbsp;was&nbsp;RMB 2.3 billion($358 million).<b>Baidu Core operating income</b>&nbsp;was&nbsp;RMB 3.7 billion($577 million), and Baidu Core operating margin was 15%.<b>Non-GAAP operating income</b>&nbsp;was&nbsp;RMB 4.7 billion($731 million).<b>Baidu Core non-GAAP operating income</b>&nbsp;was&nbsp;RMB 5.8 billion($904 million), and Baidu Core non-GAAP operating margin was 24%.</p>\n<p><b>Total other loss, net</b>&nbsp;was&nbsp;RMB 21.5 billion($3.34 billion), which included aRMB 18.9 billionnon-cash, mark-to-market loss in long-term investments. Such quarterly fair-value adjustment may result in further net income volatility in the future.</p>\n<p><b>Income tax benefit</b>&nbsp;was&nbsp;RMB 1.8 billion($286 million), compared to an income tax expense ofRMB 1.6 billionfor Q3 '20, primarily due to an increase in deferred tax benefit recognized on fair value loss of long-term investments and deduction on certain expenses that were previously considered non-deductible.</p>\n<p>Net loss attributable to Baidu wasRMB 16.6 billion($2.57 billion), and diluted loss per ADS wasRMB 48.18($7.48).<b>Net loss attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 15.6 billion($2.43 billion).<b>Non-GAAP net income attributable to Baidu</b>&nbsp;was&nbsp;RMB 5.1 billion($790 million), and non-GAAP diluted earnings per ADS wasRMB 14.66($2.28).<b>Non-GAAP net income attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 5.9 billion($909 million).</p>\n<p><b>Adjusted EBITDA</b>&nbsp;was&nbsp;RMB 6.0 billion($925 million).<b>Adjusted EBITDA for Baidu Core</b>&nbsp;was&nbsp;RMB 7.0 billion($1.09 billion) and adjusted EBITDA margin for Baidu Core was 28%.</p>\n<p>As ofSeptember 30, 2021,<b>cash, cash equivalents, restricted cash and short-term investments</b>&nbsp;were&nbsp;RMB 194.6 billion($30.20 billion), and<b>cash, cash equivalents, restricted cash and short-term investments excluding iQIYI</b>&nbsp;were&nbsp;RMB 183.6 billion($28.49 billion).<b>Free cash flow</b>&nbsp;was&nbsp;RMB 691 million($108 million), and&nbsp;<b>free cash flow excluding iQIYI</b>wasRMB 2.9 billion($449 million).</p>\n<p><b>Other Highlights</b></p>\n<p><i>Corporate</i></p>\n<ul>\n <li>Q3 21 net loss includes aRMB 18.9 billionnon-cash, mark-to-market loss in long-term investments arising from quarterly fair-value adjustment.</li>\n <li>ESG:</li>\n <li>- Baidu donatedRMB 90 millionto helpHenanprovince cope with its recent natural disaster.</li>\n <li>- Xiaodu launched \"visual assistance\" to enable visually impaired voice control and on-demand screen-text reading for a smoother audio experience.</li>\n <li>- In October, Baidu established a Data Management Committee, to consolidate its existing committees on data management, data privacy &amp; protection and data security, to further improve its policies and oversight around data management.</li>\n</ul>\n<p><i>AI Cloud</i></p>\n<ul>\n <li>Baidu releases end-to-end AI cloud solution, powered by Kunlun AI chip and PaddlePaddle deep learning framework, to help financial services firms digitize and automate their operational processes, enlisting leading customers likeChina Lifeand Bank of Jiangsu.</li>\n <li>Lijiang, a UNESCO Heritage Site with 800-year old bridges and waterways, is using Baidu smart-city cloud to keep the city safe and clean for visitors. Leveraging the digitalization of tourist areas, Baidu AI solution helps local authorities timely detect and address infractions, e.g., illegal parking and littering.</li>\n <li>Tongxiang,Zhejiang(province) signed with Baidu to enable its manufacturing-based enterprises with Baidu AI solutions, allowing Baidu to further penetrate into industrial Internet.</li>\n <li>Baidu ACE smart transportation has been adopted by 24 cities, tripling year over year, based on contract amount overRMB10 million.</li>\n</ul>\n<p><i>Intelligent Driving</i></p>\n<ul>\n <li>Apollo L4 has accumulated over 10 million test miles, up 189% year over year, and has received 411 autonomous driving permits, reflecting Apollo's broad geographic coverage and wide-ranging test scenarios.</li>\n <li>Rides provided byApollo Godoubled sequentially, which are available inShanghai, Beijing,Guangzhou,Changshaand Cangzhou.</li>\n <li>WM Motor, a ChineseEV OEM, signed with Baidu to install Apollo Navigation Pilot (ANP) in its new W6 SUV, taking the total makes that have partnered with Apollo for self-driving and infotainment solutions to 31.</li>\n</ul>\n<p><i>Other Growth Initiatives</i></p>\n<ul>\n <li>Xiaodu ranks No.1 in smart display shipments globally and smart speaker shipments inChinafor Q2 2021, according to Strategy Analytics, IDC and Canalys.</li>\n <li>InAugust 2021, Xiaodu completed Series B financing at a valuation ofUS$5.1 billionwith Baidu retaining super-majority shareholding.</li>\n</ul>\n<p><i>Mobile Ecosystem</i></p>\n<ul>\n <li>In September, Baidu App's MAUs reached 607 million, up 12% year over year, and daily logged in users reached an all-time high of 79%, reflecting positive user experience.</li>\n <li>Managed Page reached 43% of Baidu Core Q3 online marketing revenue, through continuous marketing-cloud enhancements, such as expanded e-commerce features and tools.</li>\n <li>The open nature of Baidu's Internet infrastructure is leading to top smartphone makers to select Baidu's smart mini program as the landing page for their browser search.</li>\n</ul>\n<p><i>iQIYI</i></p>\n<ul>\n <li>iQIYI subscribers reached 104 million inSeptember 2021, creating a strong foundation to provide innovative, self-developed blockbusters.</li>\n</ul>\n<p><b>Financial Guidance</b></p>\n<p>For the fourth quarter of 2021, Baidu expects revenues to be between&nbsp;RMB 31.0 billion($4.81 billion) and&nbsp;RMB 34.0 billion($5.27 billion), representing a growth rate of 2% to 12% year over year, which assumes that Baidu Core revenue will grow between 5% and 16% year over year.</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>Baidu beats quarterly revenue estimates on robust ad sales, AI</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBaidu beats quarterly revenue estimates on robust ad sales, AI\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-17 16:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>China's Baidu Inc on Wednesday reported quarterly revenue above Wall Street estimates, helped by stronger advertising sales and demand for its artificial intelligence and cloud products.Baidu said total revenue was 31.92 billion yuan ($4.95 billion) in the third quarter, slightly above analysts' average estimate of 31.71 billion yuan, according to IBES data from Refinitiv.</p>\n<p>Baidu stock climbed 1.6% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/ff45646bb43efda219e4c6b143b1daf8\" tg-width=\"848\" tg-height=\"627\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/84e4b6e7ab7b7d2ec65ad8ba25ce18cf\" tg-width=\"759\" tg-height=\"589\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Total revenues</b>&nbsp;were&nbsp;RMB 31.9 billion($4.95 billion), increasing 13% year over year.</p>\n<ul>\n <li><b>Revenue from Baidu Core</b>&nbsp;was&nbsp;RMB 24.7 billion($3.83 billion), increasing 15% year over year;<b>online marketing revenue</b>&nbsp;was&nbsp;RMB 19.5 billion($3.02 billion), up 6% year over year, and<b>non-online marketing revenue</b>wasRMB 5.2 billion($806 million), up 76% year over year, driven by cloud and other AI-powered businesses.</li>\n <li><b>Revenue from iQIYI</b>wasRMB 7.6 billion($1.18 billion), increasing 6% year over year.</li>\n</ul>\n<p><b>Cost of revenues</b>&nbsp;was&nbsp;RMB 16.1 billion($2.50 billion), increasing 26% year over year, primarily due to an increase in traffic acquisition costs, content costs and cost of goods sold related to new AI business.</p>\n<p><b>Selling, general and administrative expenses</b>&nbsp;were&nbsp;RMB 7.3 billion($1.14 billion), increasing 56% year over year, primarily due to an increase in channel spending, promotional marketing, personnel-related expenses and contingent loss pertaining to legal proceeding involving former advertising agency.</p>\n<p><b>Research and development expense</b>&nbsp;was&nbsp;RMB 6.2 billion($957 million), increasing 35% year over year, primarily related to personnel-related expenses.</p>\n<p><b>Operating income</b>&nbsp;was&nbsp;RMB 2.3 billion($358 million).<b>Baidu Core operating income</b>&nbsp;was&nbsp;RMB 3.7 billion($577 million), and Baidu Core operating margin was 15%.<b>Non-GAAP operating income</b>&nbsp;was&nbsp;RMB 4.7 billion($731 million).<b>Baidu Core non-GAAP operating income</b>&nbsp;was&nbsp;RMB 5.8 billion($904 million), and Baidu Core non-GAAP operating margin was 24%.</p>\n<p><b>Total other loss, net</b>&nbsp;was&nbsp;RMB 21.5 billion($3.34 billion), which included aRMB 18.9 billionnon-cash, mark-to-market loss in long-term investments. Such quarterly fair-value adjustment may result in further net income volatility in the future.</p>\n<p><b>Income tax benefit</b>&nbsp;was&nbsp;RMB 1.8 billion($286 million), compared to an income tax expense ofRMB 1.6 billionfor Q3 '20, primarily due to an increase in deferred tax benefit recognized on fair value loss of long-term investments and deduction on certain expenses that were previously considered non-deductible.</p>\n<p>Net loss attributable to Baidu wasRMB 16.6 billion($2.57 billion), and diluted loss per ADS wasRMB 48.18($7.48).<b>Net loss attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 15.6 billion($2.43 billion).<b>Non-GAAP net income attributable to Baidu</b>&nbsp;was&nbsp;RMB 5.1 billion($790 million), and non-GAAP diluted earnings per ADS wasRMB 14.66($2.28).<b>Non-GAAP net income attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 5.9 billion($909 million).</p>\n<p><b>Adjusted EBITDA</b>&nbsp;was&nbsp;RMB 6.0 billion($925 million).<b>Adjusted EBITDA for Baidu Core</b>&nbsp;was&nbsp;RMB 7.0 billion($1.09 billion) and adjusted EBITDA margin for Baidu Core was 28%.</p>\n<p>As ofSeptember 30, 2021,<b>cash, cash equivalents, restricted cash and short-term investments</b>&nbsp;were&nbsp;RMB 194.6 billion($30.20 billion), and<b>cash, cash equivalents, restricted cash and short-term investments excluding iQIYI</b>&nbsp;were&nbsp;RMB 183.6 billion($28.49 billion).<b>Free cash flow</b>&nbsp;was&nbsp;RMB 691 million($108 million), and&nbsp;<b>free cash flow excluding iQIYI</b>wasRMB 2.9 billion($449 million).</p>\n<p><b>Other Highlights</b></p>\n<p><i>Corporate</i></p>\n<ul>\n <li>Q3 21 net loss includes aRMB 18.9 billionnon-cash, mark-to-market loss in long-term investments arising from quarterly fair-value adjustment.</li>\n <li>ESG:</li>\n <li>- Baidu donatedRMB 90 millionto helpHenanprovince cope with its recent natural disaster.</li>\n <li>- Xiaodu launched \"visual assistance\" to enable visually impaired voice control and on-demand screen-text reading for a smoother audio experience.</li>\n <li>- In October, Baidu established a Data Management Committee, to consolidate its existing committees on data management, data privacy &amp; protection and data security, to further improve its policies and oversight around data management.</li>\n</ul>\n<p><i>AI Cloud</i></p>\n<ul>\n <li>Baidu releases end-to-end AI cloud solution, powered by Kunlun AI chip and PaddlePaddle deep learning framework, to help financial services firms digitize and automate their operational processes, enlisting leading customers likeChina Lifeand Bank of Jiangsu.</li>\n <li>Lijiang, a UNESCO Heritage Site with 800-year old bridges and waterways, is using Baidu smart-city cloud to keep the city safe and clean for visitors. Leveraging the digitalization of tourist areas, Baidu AI solution helps local authorities timely detect and address infractions, e.g., illegal parking and littering.</li>\n <li>Tongxiang,Zhejiang(province) signed with Baidu to enable its manufacturing-based enterprises with Baidu AI solutions, allowing Baidu to further penetrate into industrial Internet.</li>\n <li>Baidu ACE smart transportation has been adopted by 24 cities, tripling year over year, based on contract amount overRMB10 million.</li>\n</ul>\n<p><i>Intelligent Driving</i></p>\n<ul>\n <li>Apollo L4 has accumulated over 10 million test miles, up 189% year over year, and has received 411 autonomous driving permits, reflecting Apollo's broad geographic coverage and wide-ranging test scenarios.</li>\n <li>Rides provided byApollo Godoubled sequentially, which are available inShanghai, Beijing,Guangzhou,Changshaand Cangzhou.</li>\n <li>WM Motor, a ChineseEV OEM, signed with Baidu to install Apollo Navigation Pilot (ANP) in its new W6 SUV, taking the total makes that have partnered with Apollo for self-driving and infotainment solutions to 31.</li>\n</ul>\n<p><i>Other Growth Initiatives</i></p>\n<ul>\n <li>Xiaodu ranks No.1 in smart display shipments globally and smart speaker shipments inChinafor Q2 2021, according to Strategy Analytics, IDC and Canalys.</li>\n <li>InAugust 2021, Xiaodu completed Series B financing at a valuation ofUS$5.1 billionwith Baidu retaining super-majority shareholding.</li>\n</ul>\n<p><i>Mobile Ecosystem</i></p>\n<ul>\n <li>In September, Baidu App's MAUs reached 607 million, up 12% year over year, and daily logged in users reached an all-time high of 79%, reflecting positive user experience.</li>\n <li>Managed Page reached 43% of Baidu Core Q3 online marketing revenue, through continuous marketing-cloud enhancements, such as expanded e-commerce features and tools.</li>\n <li>The open nature of Baidu's Internet infrastructure is leading to top smartphone makers to select Baidu's smart mini program as the landing page for their browser search.</li>\n</ul>\n<p><i>iQIYI</i></p>\n<ul>\n <li>iQIYI subscribers reached 104 million inSeptember 2021, creating a strong foundation to provide innovative, self-developed blockbusters.</li>\n</ul>\n<p><b>Financial Guidance</b></p>\n<p>For the fourth quarter of 2021, Baidu expects revenues to be between&nbsp;RMB 31.0 billion($4.81 billion) and&nbsp;RMB 34.0 billion($5.27 billion), representing a growth rate of 2% to 12% year over year, which assumes that Baidu Core revenue will grow between 5% and 16% year over year.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09888":"百度集团-SW","BIDU":"百度"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154755901","content_text":"China's Baidu Inc on Wednesday reported quarterly revenue above Wall Street estimates, helped by stronger advertising sales and demand for its artificial intelligence and cloud products.Baidu said total revenue was 31.92 billion yuan ($4.95 billion) in the third quarter, slightly above analysts' average estimate of 31.71 billion yuan, according to IBES data from Refinitiv.\nBaidu stock climbed 1.6% in premarket trading.\n\nTotal revenues were RMB 31.9 billion($4.95 billion), increasing 13% year over year.\n\nRevenue from Baidu Core was RMB 24.7 billion($3.83 billion), increasing 15% year over year;online marketing revenue was RMB 19.5 billion($3.02 billion), up 6% year over year, andnon-online marketing revenuewasRMB 5.2 billion($806 million), up 76% year over year, driven by cloud and other AI-powered businesses.\nRevenue from iQIYIwasRMB 7.6 billion($1.18 billion), increasing 6% year over year.\n\nCost of revenues was RMB 16.1 billion($2.50 billion), increasing 26% year over year, primarily due to an increase in traffic acquisition costs, content costs and cost of goods sold related to new AI business.\nSelling, general and administrative expenses were RMB 7.3 billion($1.14 billion), increasing 56% year over year, primarily due to an increase in channel spending, promotional marketing, personnel-related expenses and contingent loss pertaining to legal proceeding involving former advertising agency.\nResearch and development expense was RMB 6.2 billion($957 million), increasing 35% year over year, primarily related to personnel-related expenses.\nOperating income was RMB 2.3 billion($358 million).Baidu Core operating income was RMB 3.7 billion($577 million), and Baidu Core operating margin was 15%.Non-GAAP operating income was RMB 4.7 billion($731 million).Baidu Core non-GAAP operating income was RMB 5.8 billion($904 million), and Baidu Core non-GAAP operating margin was 24%.\nTotal other loss, net was RMB 21.5 billion($3.34 billion), which included aRMB 18.9 billionnon-cash, mark-to-market loss in long-term investments. Such quarterly fair-value adjustment may result in further net income volatility in the future.\nIncome tax benefit was RMB 1.8 billion($286 million), compared to an income tax expense ofRMB 1.6 billionfor Q3 '20, primarily due to an increase in deferred tax benefit recognized on fair value loss of long-term investments and deduction on certain expenses that were previously considered non-deductible.\nNet loss attributable to Baidu wasRMB 16.6 billion($2.57 billion), and diluted loss per ADS wasRMB 48.18($7.48).Net loss attributable to Baidu Core was RMB 15.6 billion($2.43 billion).Non-GAAP net income attributable to Baidu was RMB 5.1 billion($790 million), and non-GAAP diluted earnings per ADS wasRMB 14.66($2.28).Non-GAAP net income attributable to Baidu Core was RMB 5.9 billion($909 million).\nAdjusted EBITDA was RMB 6.0 billion($925 million).Adjusted EBITDA for Baidu Core was RMB 7.0 billion($1.09 billion) and adjusted EBITDA margin for Baidu Core was 28%.\nAs ofSeptember 30, 2021,cash, cash equivalents, restricted cash and short-term investments were RMB 194.6 billion($30.20 billion), andcash, cash equivalents, restricted cash and short-term investments excluding iQIYI were RMB 183.6 billion($28.49 billion).Free cash flow was RMB 691 million($108 million), and free cash flow excluding iQIYIwasRMB 2.9 billion($449 million).\nOther Highlights\nCorporate\n\nQ3 21 net loss includes aRMB 18.9 billionnon-cash, mark-to-market loss in long-term investments arising from quarterly fair-value adjustment.\nESG:\n- Baidu donatedRMB 90 millionto helpHenanprovince cope with its recent natural disaster.\n- Xiaodu launched \"visual assistance\" to enable visually impaired voice control and on-demand screen-text reading for a smoother audio experience.\n- In October, Baidu established a Data Management Committee, to consolidate its existing committees on data management, data privacy & protection and data security, to further improve its policies and oversight around data management.\n\nAI Cloud\n\nBaidu releases end-to-end AI cloud solution, powered by Kunlun AI chip and PaddlePaddle deep learning framework, to help financial services firms digitize and automate their operational processes, enlisting leading customers likeChina Lifeand Bank of Jiangsu.\nLijiang, a UNESCO Heritage Site with 800-year old bridges and waterways, is using Baidu smart-city cloud to keep the city safe and clean for visitors. Leveraging the digitalization of tourist areas, Baidu AI solution helps local authorities timely detect and address infractions, e.g., illegal parking and littering.\nTongxiang,Zhejiang(province) signed with Baidu to enable its manufacturing-based enterprises with Baidu AI solutions, allowing Baidu to further penetrate into industrial Internet.\nBaidu ACE smart transportation has been adopted by 24 cities, tripling year over year, based on contract amount overRMB10 million.\n\nIntelligent Driving\n\nApollo L4 has accumulated over 10 million test miles, up 189% year over year, and has received 411 autonomous driving permits, reflecting Apollo's broad geographic coverage and wide-ranging test scenarios.\nRides provided byApollo Godoubled sequentially, which are available inShanghai, Beijing,Guangzhou,Changshaand Cangzhou.\nWM Motor, a ChineseEV OEM, signed with Baidu to install Apollo Navigation Pilot (ANP) in its new W6 SUV, taking the total makes that have partnered with Apollo for self-driving and infotainment solutions to 31.\n\nOther Growth Initiatives\n\nXiaodu ranks No.1 in smart display shipments globally and smart speaker shipments inChinafor Q2 2021, according to Strategy Analytics, IDC and Canalys.\nInAugust 2021, Xiaodu completed Series B financing at a valuation ofUS$5.1 billionwith Baidu retaining super-majority shareholding.\n\nMobile Ecosystem\n\nIn September, Baidu App's MAUs reached 607 million, up 12% year over year, and daily logged in users reached an all-time high of 79%, reflecting positive user experience.\nManaged Page reached 43% of Baidu Core Q3 online marketing revenue, through continuous marketing-cloud enhancements, such as expanded e-commerce features and tools.\nThe open nature of Baidu's Internet infrastructure is leading to top smartphone makers to select Baidu's smart mini program as the landing page for their browser search.\n\niQIYI\n\niQIYI subscribers reached 104 million inSeptember 2021, creating a strong foundation to provide innovative, self-developed blockbusters.\n\nFinancial Guidance\nFor the fourth quarter of 2021, Baidu expects revenues to be between RMB 31.0 billion($4.81 billion) and RMB 34.0 billion($5.27 billion), representing a growth rate of 2% to 12% year over year, which assumes that Baidu Core revenue will grow between 5% and 16% year over year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871832033,"gmtCreate":1637048542477,"gmtModify":1637048542721,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Financial freedom only..for the founders[打脸]&nbsp;","listText":"Financial freedom only..for the founders[打脸]&nbsp;","text":"Financial freedom only..for the founders[打脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871832033","repostId":"2183188070","repostType":4,"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":873415680,"gmtCreate":1636975269064,"gmtModify":1636975269285,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"There are quality Stocks like meta and tencent&nbsp;in her portfoli, but the majority of the others, she hype them up and Pump along then way up. Pump&nbsp;and dump woodie.","listText":"There are quality Stocks like meta and tencent&nbsp;in her portfoli, but the majority of the others, she hype them up and Pump along then way up. Pump&nbsp;and dump woodie.","text":"There are quality Stocks like meta and tencent in her portfoli, but the majority of the others, she hype them up and Pump along then way up. Pump and dump woodie.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/873415680","repostId":"2183046479","repostType":2,"repost":{"id":"2183046479","pubTimestamp":1636962804,"share":"https://www.laohu8.com/m/news/2183046479?lang=&edition=full","pubTime":"2021-11-15 15:53","market":"us","language":"en","title":"Cathie Wood Goes Dumpster Diving: 3 Stocks She Just Bought","url":"https://stock-news.laohu8.com/highlight/detail?id=2183046479","media":"Motley Fool","summary":"A trio of stocks you might consider adding to your portfolio.","content":"<p>Cathie Wood runs one(AONE.U) of the most popular tech stock funds, the <b>ARK Innovation Fund </b>(NYSEMKT:ARKK), with more than $19 billion under management. This fund is not only popular, but it is also soundly beating the <b>S&amp;P 500</b> with a five-year return of 39% annually (as of Sept. 30).&nbsp;Cathie Wood runs this fund and seven other tech-focused funds that are popular with growth investors. One of the things that makes her a popular investor to follow is that all the buys and sells from these funds are published daily.</p>\n<p>Since she has a history of picking high-tech stocks at good prices, we asked three Motley Fool contributors to highlight one company that her funds have purchased recently that investors should consider adding to their portfolio.</p>\n<p>They came up with <b><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a> </b>(NASDAQ:FB), <b>Palantir</b> (NYSE:PLTR), and <b>Twilio</b> (NYSE:TWLO).</p>\n<h2>Meta Platforms: The company formerly known as Facebook</h2>\n<p><b>Danny Vena (Meta Platforms): </b>The <b><a href=\"https://laohu8.com/S/ARKF\">ARK Fintech Innovation ETF</a></b> has made some bold moves lately, no doubt spurred on by Cathie Wood's vision of the future. One of the biggest purchases over the past week is the addition of a big chunk of Meta Platforms, the company formerly known as Facebook.</p>\n<p>Over the past week, the fund has stockpiled more than 100,000 shares of Meta, worth more than $33 million (as of this writing). Perhaps more importantly, ARK Fintech Innovation already had a substantial stake in Meta, now equal to a roughly 3% position, and valued at nearly $103 million -- making it the fund's 11th largest position.</p>\n<p>Meta has been working to debut its long-awaited digital currency dubbed Diem, formerly known as Libra. The company is a founding member of the Diem Association, which underpins the upcoming cryptocurrency.&nbsp;Diem is a blockchain-based payment system that was designed from the ground up with payments in mind, focusing on \"consumer safety, financial stability, and combating financial crime.\"</p>\n<p>Additionally, just last month, Meta launched a pilot of Novi -- its cryptocurrency wallet -- to a small number of users in the U.S. and Guatemala.</p>\n<p>Given Wood's early adoption and bullish track record regarding <b>Bitcoin</b>, it's little wonder the rock star investor might place a similar bet on a Meta-backed cryptocurrency and digital wallet. But those fintech aspirations notwithstanding, there are plenty of other reasons to be bullish on Meta.</p>\n<p>Let's not forget that Facebook is one of the most recognized companies on the planet. For the third quarter, Facebook reported 1.93 billion daily active users (DAUs), up 6% year over year, and 2.91 billion monthly active users (MAUs). When you expand that to include the company's other platforms (Instagram, WhatsApp, and Messenger) that rises to 2.81 billion DAUs and 3.58 billion MAUs.</p>\n<p>That many users creates a powerful network effect for the social media baron, helping Meta generate significant advertising revenue to support its moonshots. In the third quarter, revenue of $29 billion grew 35% year over year -- even as the company dealt with privacy reforms rolled out by <b>Apple</b>, which made it more difficult to measure the success of advertising campaigns across devices using iOS. Meta also generated more than $9.1 billion in net income and $9.5 billion in free cash flow.</p>\n<p>Even as the company faces regulatory challenges, Meta is preparing for the metaverse, a digital realm online where users play, work, and shop. Meta describes this as \"the next evolution of social connection ... [where] you'll be able to socialize, learn, collaborate and play in ways that go beyond what's possible today.\"</p>\n<p>Meta sees the metaverse as its next big growth driver, as well as a way to retain young, tech savvy users. The company has a head start in the areas of augmented reality (AR) and virtual-reality, which will likely be key components in its broader strategy.</p>\n<p>It also doesn't hurt that the stock is on sale at a 15% discount to recent highs.</p>\n<h2>Palantir: Wood continues adding shares to this insight seeker</h2>\n<p><b>Will Healy</b> <b>(Palantir): </b>Palantir stands out from other data companies in that it specializes in delivering insights. The company works with national security and law enforcement organizations through its Gotham software, functionality that has everyone talking about Palantir stock.</p>\n<p>Moreover, the company has also developed a product for the commercial space, called Foundry, which currently drives the company's fastest growth.</p>\n<p>Seeing the potential of these products, Wood has accumulated Palantir shares in the ARK Innovation Fund since February, buying multiple lots with only one sale in September. This has taken the total in that fund to more than 24 million shares, a 2.8% weighting. Wood has added Palantir shares less aggressively to the <b>ARK Industrial Innovation ETF</b>. Nonetheless, more than 1.1 million Palantir shares make up about 1% of this fund.</p>\n<p>Palantir reported strong numbers in its third-quarter 2021 earnings report. Third-quarter revenue of $392 million surged 36% from year-ago levels. This led to an adjusted net income of $82 million. Palantir also raised fourth-quarter guidance, and predicted the $418 million in revenue will rise 30% year over year if that number holds.</p>\n<p>Nonetheless, the stock dropped 9% in Tuesday trading as the company forecast an adjusted operating margin of 22% for Q4. Analysts had expected 24%. Moreover, a government document indicated that U.S. Immigration and Customs Enforcement (ICE) might replace Palantir's system with a competing product, though a recent U.S. Army contract could mitigate that loss.</p>\n<p>Additionally, while Wood bought just under 1 million shares between the two funds on that day, the stock fell an additional 7% on Wednesday. With that move, Palantir stock wipes out all of its 2021 gains and has fallen 4% in 2021 as of the time of this writing. Also, despite that drop, Palantir trades at a price-to-sales (P/S) ratio of 27, well above the average S&amp;P 500 stock, which sells at just over three times sales.</p>\n<p>With its data insight capabilities, Palantir's massive revenue growth should continue. However, given the high sales multiple and the stock falling on a mostly favorable earnings report, investors may not want to follow Wood's lead in the near term.</p>\n<h2>Twilio: Expanding its mission</h2>\n<p><b>Brian Withers (Twilio): </b>Twilio announced earnings on Oct. 28, and the stock took a 17% haircut the next day. Since then, Cathie Wood's ARK funds snapped up over 415,000 shares of the stock representing about $122 million. These buys moved this customer communication platform specialist to the 12th largest holding across its funds. Let take a look at why she might be buying massive quantities of this tech company, which appears to be on sale.</p>\n<p>First, let's look at the quarterly results and why investors may have been spooked. The top line grew at a massive 65% year over year, but subtracting the contributions for the Zipwhip and Segment.io acquisitions, the year-over-year growth drops to 38%. This is a deceleration from the last four quarters of organic year-over-year growth that were between 47% and 54%. This slowdown was one reason for the stock sell-off, the other was likely the growing losses. Expenses increased faster than revenue this quarter and the company more than doubled its operating loss year over year.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metrics</p></th>\n   <th><p>Q3 2020</p></th>\n   <th><p>Q2 2021</p></th>\n   <th><p>Q3 2021</p></th>\n   <th><p>Change (QOQ)</p></th>\n   <th><p>Change (YOY)</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$448 million</p></td>\n   <td><p>$669 million</p></td>\n   <td><p>$740 million</p></td>\n   <td><p>11%</p></td>\n   <td><p>65%</p></td>\n  </tr>\n  <tr>\n   <td><p>Organic revenue</p></td>\n   <td><p>$438 million</p></td>\n   <td><p>$590 million</p></td>\n   <td><p>$606 million</p></td>\n   <td><p>3%</p></td>\n   <td><p>38%</p></td>\n  </tr>\n  <tr>\n   <td><p>Operating income (loss)</p></td>\n   <td><p>($112 million)</p></td>\n   <td><p>($227 million)</p></td>\n   <td><p>($232 million)</p></td>\n   <td><p>n/a</p></td>\n   <td><p>n/a</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Company earnings release. QOQ = quarter over quarter. YOY = year over year.</p>\n<p>But one quarter doesn't make a trend and this company's got a lot up its sleeve. It just announced its Twilio Engage platform which takes advantage of the integration of Segment.io's customer data platform and Twilio's core messaging services. This new product will enable businesses to personalize messages based on customer behaviors and will make the messages customers receive even more relevant to their needs.</p>\n<p>Lastly, the company has updated its mission. For the last 13 years, the mission has been \"Fuel the Future of Communications.\" Today the mission is broader, focusing on its core user, the software developer. It is to \"Unlock the Imagination of Builders.\" This may not make any impact this quarter or even in the coming year. But over time, this allows the company to expand beyond just its communication products.</p>\n<p>With the stock more than 30% off its high, it could be a good time to jump in and pick up some shares yourself. You probably won't be buying in the amount that the ARK funds have, but even if you just add a few shares today, in five years, it's likely you'll be very happy you did.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Goes Dumpster Diving: 3 Stocks She Just Bought</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\">\nCathie Wood Goes Dumpster Diving: 3 Stocks She Just Bought\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-15 15:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/14/cathie-wood-goes-dumpster-diving-3-stocks-she-just/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood runs one(AONE.U) of the most popular tech stock funds, the ARK Innovation Fund (NYSEMKT:ARKK), with more than $19 billion under management. This fund is not only popular, but it is also ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/14/cathie-wood-goes-dumpster-diving-3-stocks-she-just/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","TWLO":"Twilio Inc"},"source_url":"https://www.fool.com/investing/2021/11/14/cathie-wood-goes-dumpster-diving-3-stocks-she-just/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2183046479","content_text":"Cathie Wood runs one(AONE.U) of the most popular tech stock funds, the ARK Innovation Fund (NYSEMKT:ARKK), with more than $19 billion under management. This fund is not only popular, but it is also soundly beating the S&P 500 with a five-year return of 39% annually (as of Sept. 30). Cathie Wood runs this fund and seven other tech-focused funds that are popular with growth investors. One of the things that makes her a popular investor to follow is that all the buys and sells from these funds are published daily.\nSince she has a history of picking high-tech stocks at good prices, we asked three Motley Fool contributors to highlight one company that her funds have purchased recently that investors should consider adding to their portfolio.\nThey came up with Meta Platforms (NASDAQ:FB), Palantir (NYSE:PLTR), and Twilio (NYSE:TWLO).\nMeta Platforms: The company formerly known as Facebook\nDanny Vena (Meta Platforms): The ARK Fintech Innovation ETF has made some bold moves lately, no doubt spurred on by Cathie Wood's vision of the future. One of the biggest purchases over the past week is the addition of a big chunk of Meta Platforms, the company formerly known as Facebook.\nOver the past week, the fund has stockpiled more than 100,000 shares of Meta, worth more than $33 million (as of this writing). Perhaps more importantly, ARK Fintech Innovation already had a substantial stake in Meta, now equal to a roughly 3% position, and valued at nearly $103 million -- making it the fund's 11th largest position.\nMeta has been working to debut its long-awaited digital currency dubbed Diem, formerly known as Libra. The company is a founding member of the Diem Association, which underpins the upcoming cryptocurrency. Diem is a blockchain-based payment system that was designed from the ground up with payments in mind, focusing on \"consumer safety, financial stability, and combating financial crime.\"\nAdditionally, just last month, Meta launched a pilot of Novi -- its cryptocurrency wallet -- to a small number of users in the U.S. and Guatemala.\nGiven Wood's early adoption and bullish track record regarding Bitcoin, it's little wonder the rock star investor might place a similar bet on a Meta-backed cryptocurrency and digital wallet. But those fintech aspirations notwithstanding, there are plenty of other reasons to be bullish on Meta.\nLet's not forget that Facebook is one of the most recognized companies on the planet. For the third quarter, Facebook reported 1.93 billion daily active users (DAUs), up 6% year over year, and 2.91 billion monthly active users (MAUs). When you expand that to include the company's other platforms (Instagram, WhatsApp, and Messenger) that rises to 2.81 billion DAUs and 3.58 billion MAUs.\nThat many users creates a powerful network effect for the social media baron, helping Meta generate significant advertising revenue to support its moonshots. In the third quarter, revenue of $29 billion grew 35% year over year -- even as the company dealt with privacy reforms rolled out by Apple, which made it more difficult to measure the success of advertising campaigns across devices using iOS. Meta also generated more than $9.1 billion in net income and $9.5 billion in free cash flow.\nEven as the company faces regulatory challenges, Meta is preparing for the metaverse, a digital realm online where users play, work, and shop. Meta describes this as \"the next evolution of social connection ... [where] you'll be able to socialize, learn, collaborate and play in ways that go beyond what's possible today.\"\nMeta sees the metaverse as its next big growth driver, as well as a way to retain young, tech savvy users. The company has a head start in the areas of augmented reality (AR) and virtual-reality, which will likely be key components in its broader strategy.\nIt also doesn't hurt that the stock is on sale at a 15% discount to recent highs.\nPalantir: Wood continues adding shares to this insight seeker\nWill Healy (Palantir): Palantir stands out from other data companies in that it specializes in delivering insights. The company works with national security and law enforcement organizations through its Gotham software, functionality that has everyone talking about Palantir stock.\nMoreover, the company has also developed a product for the commercial space, called Foundry, which currently drives the company's fastest growth.\nSeeing the potential of these products, Wood has accumulated Palantir shares in the ARK Innovation Fund since February, buying multiple lots with only one sale in September. This has taken the total in that fund to more than 24 million shares, a 2.8% weighting. Wood has added Palantir shares less aggressively to the ARK Industrial Innovation ETF. Nonetheless, more than 1.1 million Palantir shares make up about 1% of this fund.\nPalantir reported strong numbers in its third-quarter 2021 earnings report. Third-quarter revenue of $392 million surged 36% from year-ago levels. This led to an adjusted net income of $82 million. Palantir also raised fourth-quarter guidance, and predicted the $418 million in revenue will rise 30% year over year if that number holds.\nNonetheless, the stock dropped 9% in Tuesday trading as the company forecast an adjusted operating margin of 22% for Q4. Analysts had expected 24%. Moreover, a government document indicated that U.S. Immigration and Customs Enforcement (ICE) might replace Palantir's system with a competing product, though a recent U.S. Army contract could mitigate that loss.\nAdditionally, while Wood bought just under 1 million shares between the two funds on that day, the stock fell an additional 7% on Wednesday. With that move, Palantir stock wipes out all of its 2021 gains and has fallen 4% in 2021 as of the time of this writing. Also, despite that drop, Palantir trades at a price-to-sales (P/S) ratio of 27, well above the average S&P 500 stock, which sells at just over three times sales.\nWith its data insight capabilities, Palantir's massive revenue growth should continue. However, given the high sales multiple and the stock falling on a mostly favorable earnings report, investors may not want to follow Wood's lead in the near term.\nTwilio: Expanding its mission\nBrian Withers (Twilio): Twilio announced earnings on Oct. 28, and the stock took a 17% haircut the next day. Since then, Cathie Wood's ARK funds snapped up over 415,000 shares of the stock representing about $122 million. These buys moved this customer communication platform specialist to the 12th largest holding across its funds. Let take a look at why she might be buying massive quantities of this tech company, which appears to be on sale.\nFirst, let's look at the quarterly results and why investors may have been spooked. The top line grew at a massive 65% year over year, but subtracting the contributions for the Zipwhip and Segment.io acquisitions, the year-over-year growth drops to 38%. This is a deceleration from the last four quarters of organic year-over-year growth that were between 47% and 54%. This slowdown was one reason for the stock sell-off, the other was likely the growing losses. Expenses increased faster than revenue this quarter and the company more than doubled its operating loss year over year.\n\n\n\nMetrics\nQ3 2020\nQ2 2021\nQ3 2021\nChange (QOQ)\nChange (YOY)\n\n\n\n\nRevenue\n$448 million\n$669 million\n$740 million\n11%\n65%\n\n\nOrganic revenue\n$438 million\n$590 million\n$606 million\n3%\n38%\n\n\nOperating income (loss)\n($112 million)\n($227 million)\n($232 million)\nn/a\nn/a\n\n\n\nData source: Company earnings release. QOQ = quarter over quarter. YOY = year over year.\nBut one quarter doesn't make a trend and this company's got a lot up its sleeve. It just announced its Twilio Engage platform which takes advantage of the integration of Segment.io's customer data platform and Twilio's core messaging services. This new product will enable businesses to personalize messages based on customer behaviors and will make the messages customers receive even more relevant to their needs.\nLastly, the company has updated its mission. For the last 13 years, the mission has been \"Fuel the Future of Communications.\" Today the mission is broader, focusing on its core user, the software developer. It is to \"Unlock the Imagination of Builders.\" This may not make any impact this quarter or even in the coming year. But over time, this allows the company to expand beyond just its communication products.\nWith the stock more than 30% off its high, it could be a good time to jump in and pick up some shares yourself. You probably won't be buying in the amount that the ARK funds have, but even if you just add a few shares today, in five years, it's likely you'll be very happy you did.","news_type":1},"isVote":1,"tweetType":1,"viewCount":823,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879669114,"gmtCreate":1636718068240,"gmtModify":1636718068418,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Amazon stock is only 4.4x price to book, what has tesla achieved to be compared to amazon at this Price? competitors are catching up and&nbsp;It's fsd is not even rated among the best right now.","listText":"Amazon stock is only 4.4x price to book, what has tesla achieved to be compared to amazon at this Price? competitors are catching up and&nbsp;It's fsd is not even rated among the best right now.","text":"Amazon stock is only 4.4x price to book, what has tesla achieved to be compared to amazon at this Price? competitors are catching up and It's fsd is not even rated among the best right now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879669114","repostId":"1101762629","repostType":4,"repost":{"id":"1101762629","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636715542,"share":"https://www.laohu8.com/m/news/1101762629?lang=&edition=full","pubTime":"2021-11-12 19:12","market":"us","language":"en","title":"Musk further sold Tesla shares on November 11","url":"https://stock-news.laohu8.com/highlight/detail?id=1101762629","media":"Tiger Newspress","summary":"Musk further sold Tesla shares on November 11, according to the SEC files.","content":"<p>Musk further sold Tesla shares on November 11,&nbsp;according to the SEC files.</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>Musk further sold Tesla shares on November 11</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\">\nMusk further sold Tesla shares on November 11\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-12 19:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Musk further sold Tesla shares on November 11,&nbsp;according to the SEC files.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101762629","content_text":"Musk further sold Tesla shares on November 11, according to the SEC files.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879122785,"gmtCreate":1636693081155,"gmtModify":1636693081774,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Comparing <a href=\"https://laohu8.com/S/BABAF\">$Alibaba</a>against&nbsp;<a href=\"https://laohu8.com/S/ZM\">$Zoom</a>&nbsp;isnt exactly apple to apple comparison,one is a conglomerate involved with&nbsp;everything in china&nbsp;while the&nbsp;other is just&nbsp;video remote app priced&nbsp;more than 10x sales[傲娇]&nbsp;","listText":"Comparing <a href=\"https://laohu8.com/S/BABAF\">$Alibaba</a>against&nbsp;<a href=\"https://laohu8.com/S/ZM\">$Zoom</a>&nbsp;isnt exactly apple to apple comparison,one is a conglomerate involved with&nbsp;everything in china&nbsp;while the&nbsp;other is just&nbsp;video remote app priced&nbsp;more than 10x sales[傲娇]&nbsp;","text":"Comparing $Alibabaagainst $Zoom isnt exactly apple to apple comparison,one is a conglomerate involved with everything in china while the other is just video remote app priced more than 10x sales[傲娇]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879122785","repostId":"1137718483","repostType":4,"repost":{"id":"1137718483","pubTimestamp":1636677707,"share":"https://www.laohu8.com/m/news/1137718483?lang=&edition=full","pubTime":"2021-11-12 08:41","market":"hk","language":"en","title":"Why Wait for a Crash to Buy? These 3 Top Stocks Are Already Down More Than 40%","url":"https://stock-news.laohu8.com/highlight/detail?id=1137718483","media":"Motley Fool","summary":"$Alibaba$ Group has plummeted 49% since peaking 13 months ago.Alibaba's Singles' Day isn't what it used to be now given China's \"common prosperity\" initiative.Alibaba and two other U.S. former market darlings have a strong chance to bounce back from here.Alibaba enters Singles' Day trading 49% below the all-time high it hit late last year. Investors have steered clear of China's growth stocks in the wake of the government's crackdown on several industries, but the real bargain for Singles' Day c","content":"<p>Key Points</p>\n<ul>\n <li><a href=\"https://laohu8.com/S/BABA\">Alibaba</a> Group has plummeted 49% since peaking 13 months ago.</li>\n <li>Alibaba's Singles' Day isn't what it used to be now given China's \"common prosperity\" initiative.</li>\n <li>Alibaba&nbsp;and two other U.S. former market darlings have a strong chance to bounce back from here.</li>\n</ul>\n<p>The market's getting volatile, but it's still trading close to its recent all-time highs. Are you waiting for the market to take a big hit before putting your money on the sidelines to work? Well, a lot of last year's biggest stars have already crashed.</p>\n<p>Shares of<b><a href=\"https://laohu8.com/S/09988\">Alibaba</a> Group Holding</b>(NYSE:BABA),<b><a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video</b>, and&nbsp;<a href=\"https://laohu8.com/S/PINS\"><b>Pinterest</b></a>&nbsp;have all plummeted at least 40% since hitting all-time highs. The markdowns seem overdone. Let's take a closer look.</p>\n<p>1. Alibaba</p>\n<p>Thursday should've been a big day for China's online retailers. It's Singles' Day! Alibaba created the shopping holiday that takes place every year on Nov. 11 -- called Singles' Day because of the 11/11 date -- but it has since been widely adopted by smaller e-tailers.</p>\n<p>Singles' Day is hitting different this year. China's government push for \"common prosperity\" finds it unfashionable to tout commerce and consumption. Alibaba is highly unlikely to match the $74 billion it rang up in sales during last year's \"Double 11\" celebration.</p>\n<p>Alibaba enters Singles' Day trading 49% below the all-time high it hit late last year. Investors have steered clear of China's growth stocks in the wake of the government's crackdown on several industries, but the real bargain for Singles' Day could be shares of Alibaba itself. It has grown revenue by at least 32% every year over the past decade. Even now as Alibaba grapples with the COVID-19 crisis and the country's common prosperity objectives, trailing revenue has climbed 40%.</p>\n<p>2. <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video</p>\n<p>The rise and fall of Zoom Video is well known. The videoconferencing platform skyrocketed in popularity during the early months of the pandemic when in-person classes, work meetings, and gatherings of friends and family weren't safe. Now that we're largely vaccinated and case counts are lower is there really a future for Zoom?</p>\n<p>The market seems to think that the future will be bleak. Like Alibaba, shares of Zoom peaked 13 months ago. Zoom stock has plummeted 57% since that high. The twist here is that Zoom is still growing. Revenue rose 54% inits latest quarter. Sure, revenue is decelerating. We're not going to return to the triple-digit top-line growth that Zoom posted in each of the five previous quarterly reports.</p>\n<p>However, Zoom is still growing in the recovery climate. Video meetings will continue to be a cost-effective way to gather and get things done. Zoom is fleshing out its offerings, and a recently fumbled acquisition attempt won't stop the evolutionary process. There was a crazy time last year when Zoom was trading for more than 100 times trailing revenue. The one-two punch of heady sales growth and the cascading stock price finds that multiple whittled down to just 20 right now.</p>\n<p>3. Pinterest</p>\n<p>A year ago we were leaning on Pinterest to get crafty. The visual discovery engine was a valuable resource for recipes, decorating tips, and daydreaming about destinations we wanted to visit once we were able to safely travel after the pandemic.</p>\n<p>Everything was going swimmingly for Pinterest until we were cool to toss out our sourdough starter and head outside to eat someone else's bread. Pinterest has now stunned investors with back-to-back sequential declines in active users. The stock has plummeted 49% from February's peak.</p>\n<p>Last month&nbsp;<b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b>&nbsp;was reportedly negotiating to buy Pinterest in a largely stock deal that would value Pinterest at$70 a share. Pinterest investors who were cocky about holding out for more would love a chance to get back there, as the stock has fallen sharply since the proposed combination came undone. Pinterest would have to appreciate by 53% to get to $70 now.</p>\n<p>PayPal stock sold off on the initial chatter, but it continues to fall even now that a deal is not on the table. It probably won't come back on bended knee now that both stocks are out of favor, but Pinterest still has a vibrant platform with improving monetization. Revenue is still growing as advertisers flock its marketing opportunities to reach the lucrative Pinterest audience.</p>\n<p>Alibaba, Zoom, and Pinterest are still thrivinggrowth stocks. The shares just happen to be trading between 49% and 57% off their all-time highs. You don't need to wait for the market crash to happen to pick up bargains. They're out there now.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Wait for a Crash to Buy? These 3 Top Stocks Are Already Down More Than 40%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Wait for a Crash to Buy? These 3 Top Stocks Are Already Down More Than 40%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/11/why-wait-for-a-crash-to-buy-these-3-top-stocks-are/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nAlibaba Group has plummeted 49% since peaking 13 months ago.\nAlibaba's Singles' Day isn't what it used to be now given China's \"common prosperity\" initiative.\nAlibaba and two other U.S. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/11/why-wait-for-a-crash-to-buy-these-3-top-stocks-are/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","BABA":"阿里巴巴","ZM":"Zoom"},"source_url":"https://www.fool.com/investing/2021/11/11/why-wait-for-a-crash-to-buy-these-3-top-stocks-are/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137718483","content_text":"Key Points\n\nAlibaba Group has plummeted 49% since peaking 13 months ago.\nAlibaba's Singles' Day isn't what it used to be now given China's \"common prosperity\" initiative.\nAlibaba and two other U.S. former market darlings have a strong chance to bounce back from here.\n\nThe market's getting volatile, but it's still trading close to its recent all-time highs. Are you waiting for the market to take a big hit before putting your money on the sidelines to work? Well, a lot of last year's biggest stars have already crashed.\nShares ofAlibaba Group Holding(NYSE:BABA),Zoom Video, and Pinterest have all plummeted at least 40% since hitting all-time highs. The markdowns seem overdone. Let's take a closer look.\n1. Alibaba\nThursday should've been a big day for China's online retailers. It's Singles' Day! Alibaba created the shopping holiday that takes place every year on Nov. 11 -- called Singles' Day because of the 11/11 date -- but it has since been widely adopted by smaller e-tailers.\nSingles' Day is hitting different this year. China's government push for \"common prosperity\" finds it unfashionable to tout commerce and consumption. Alibaba is highly unlikely to match the $74 billion it rang up in sales during last year's \"Double 11\" celebration.\nAlibaba enters Singles' Day trading 49% below the all-time high it hit late last year. Investors have steered clear of China's growth stocks in the wake of the government's crackdown on several industries, but the real bargain for Singles' Day could be shares of Alibaba itself. It has grown revenue by at least 32% every year over the past decade. Even now as Alibaba grapples with the COVID-19 crisis and the country's common prosperity objectives, trailing revenue has climbed 40%.\n2. Zoom Video\nThe rise and fall of Zoom Video is well known. The videoconferencing platform skyrocketed in popularity during the early months of the pandemic when in-person classes, work meetings, and gatherings of friends and family weren't safe. Now that we're largely vaccinated and case counts are lower is there really a future for Zoom?\nThe market seems to think that the future will be bleak. Like Alibaba, shares of Zoom peaked 13 months ago. Zoom stock has plummeted 57% since that high. The twist here is that Zoom is still growing. Revenue rose 54% inits latest quarter. Sure, revenue is decelerating. We're not going to return to the triple-digit top-line growth that Zoom posted in each of the five previous quarterly reports.\nHowever, Zoom is still growing in the recovery climate. Video meetings will continue to be a cost-effective way to gather and get things done. Zoom is fleshing out its offerings, and a recently fumbled acquisition attempt won't stop the evolutionary process. There was a crazy time last year when Zoom was trading for more than 100 times trailing revenue. The one-two punch of heady sales growth and the cascading stock price finds that multiple whittled down to just 20 right now.\n3. Pinterest\nA year ago we were leaning on Pinterest to get crafty. The visual discovery engine was a valuable resource for recipes, decorating tips, and daydreaming about destinations we wanted to visit once we were able to safely travel after the pandemic.\nEverything was going swimmingly for Pinterest until we were cool to toss out our sourdough starter and head outside to eat someone else's bread. Pinterest has now stunned investors with back-to-back sequential declines in active users. The stock has plummeted 49% from February's peak.\nLast month PayPal Holdings was reportedly negotiating to buy Pinterest in a largely stock deal that would value Pinterest at$70 a share. Pinterest investors who were cocky about holding out for more would love a chance to get back there, as the stock has fallen sharply since the proposed combination came undone. Pinterest would have to appreciate by 53% to get to $70 now.\nPayPal stock sold off on the initial chatter, but it continues to fall even now that a deal is not on the table. It probably won't come back on bended knee now that both stocks are out of favor, but Pinterest still has a vibrant platform with improving monetization. Revenue is still growing as advertisers flock its marketing opportunities to reach the lucrative Pinterest audience.\nAlibaba, Zoom, and Pinterest are still thrivinggrowth stocks. The shares just happen to be trading between 49% and 57% off their all-time highs. You don't need to wait for the market crash to happen to pick up bargains. They're out there now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879111174,"gmtCreate":1636689234217,"gmtModify":1636689234849,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>hhuh, why dropping today? Hongkie punters taking profits and run?","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>hhuh, why dropping today? Hongkie punters taking profits and run?","text":"$Alibaba(09988)$hhuh, why dropping today? Hongkie punters taking profits and run?","images":[{"img":"https://static.tigerbbs.com/68f7826a2b53f67def16e0c6f8a8f2dd","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/879111174","isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870764286,"gmtCreate":1636649401480,"gmtModify":1636649402052,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"In the same boat! Will average down along the way up!","listText":"In the same boat! Will average down along the way up!","text":"In the same boat! Will average down along the way up!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870764286","repostId":"870765094","repostType":1,"repost":{"id":870765094,"gmtCreate":1636649154110,"gmtModify":1636649154408,"author":{"id":"3582185683571273","authorId":"3582185683571273","name":"HLian","avatar":"https://static.tigerbbs.com/90bcdbd44874b70cbc71635ff588e5eb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>ok hang on..","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>ok hang on..","text":"$Tiger Brokers(TIGR)$ok hang on..","images":[{"img":"https://static.tigerbbs.com/125f67f1b9975c93e8886abd52dab2e0","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870765094","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847498369,"gmtCreate":1636542257485,"gmtModify":1636542258009,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Someone predict the crash gonna come soon every single month, just remember that even a broken clock get the time correct twice every day. Just stick to fundamentals and stay invested[正经]&nbsp;","listText":"Someone predict the crash gonna come soon every single month, just remember that even a broken clock get the time correct twice every day. Just stick to fundamentals and stay invested[正经]&nbsp;","text":"Someone predict the crash gonna come soon every single month, just remember that even a broken clock get the time correct twice every day. Just stick to fundamentals and stay invested[正经]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847498369","repostId":"1179287524","repostType":4,"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844654299,"gmtCreate":1636424593720,"gmtModify":1636424594279,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>part of thr&nbsp;reason why Chinese company prefer listing in nyse rather than hkex, hlex are filled with short term traders while USA simply has more whom are willing to take a longer look at it's investment holding and support their price, allowing them to grow healthily.","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>part of thr&nbsp;reason why Chinese company prefer listing in nyse rather than hkex, hlex are filled with short term traders while USA simply has more whom are willing to take a longer look at it's investment holding and support their price, allowing them to grow healthily.","text":"$TENCENT(00700)$part of thr reason why Chinese company prefer listing in nyse rather than hkex, hlex are filled with short term traders while USA simply has more whom are willing to take a longer look at it's investment holding and support their price, allowing them to grow healthily.","images":[{"img":"https://static.tigerbbs.com/669fc3e805ffbf0a2a1ea55488989e7f","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844654299","isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":845289237,"gmtCreate":1636341120627,"gmtModify":1636342385175,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Thinking it's a dead cat bounce , share Price has been&nbsp;priced at a premium even after the massive drop.","listText":"Thinking it's a dead cat bounce , share Price has been&nbsp;priced at a premium even after the massive drop.","text":"Thinking it's a dead cat bounce , share Price has been priced at a premium even after the massive drop.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845289237","repostId":"845664586","repostType":1,"repost":{"id":845664586,"gmtCreate":1636335398871,"gmtModify":1636335399568,"author":{"id":"3585438119648715","authorId":"3585438119648715","name":"ca4edf9","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06862\">$HAIDILAO(06862)$</a>Hai Di laoo&nbsp;","listText":"<a href=\"https://laohu8.com/S/06862\">$HAIDILAO(06862)$</a>Hai Di laoo&nbsp;","text":"$HAIDILAO(06862)$Hai Di laoo","images":[{"img":"https://static.tigerbbs.com/50f4f8ca449ac5343021972a33078e17","width":"750","height":"1485"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/845664586","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":92,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845665743,"gmtCreate":1636335365323,"gmtModify":1636335365873,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06862\">$HAIDILAO(06862)$</a>hhuh, closing 300 stores and yet it's good news to&nbsp;investors?","listText":"<a href=\"https://laohu8.com/S/06862\">$HAIDILAO(06862)$</a>hhuh, closing 300 stores and yet it's good news to&nbsp;investors?","text":"$HAIDILAO(06862)$hhuh, closing 300 stores and yet it's good news to investors?","images":[{"img":"https://static.tigerbbs.com/0239f18c79aaf5dd523be960192889db","width":"1080","height":"3432"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/845665743","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":842052085,"gmtCreate":1636121915633,"gmtModify":1636121916142,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"How do u guys check the Short interest?","listText":"How do u guys check the Short interest?","text":"How do u guys check the Short interest?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842052085","repostId":"842062343","repostType":1,"repost":{"id":842062343,"gmtCreate":1636121158311,"gmtModify":1636121163884,"author":{"id":"3576759208994289","authorId":"3576759208994289","name":"CashCity","avatar":"https://static.tigerbbs.com/c5cf91d5f3d2d348fadcd1f4cd2a3fc7","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Next week back to $8? Almost no more stocks left to borrow to short.","listText":"<a target=\"_blank\" href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a> Next week back to $8? Almost no more stocks left to borrow to short.","text":"$Tiger Brokers(TIGR)$ Next week back to $8? Almost no more stocks left to borrow to short.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/842062343","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":66,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848755299,"gmtCreate":1636032584778,"gmtModify":1636037255008,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Haha 🤣🤣🤣, dunno why if anyone will still believe this fraud company.","listText":"Haha 🤣🤣🤣, dunno why if anyone will still believe this fraud company.","text":"Haha 🤣🤣🤣, dunno why if anyone will still believe this fraud company.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848755299","repostId":"1100949235","repostType":4,"isVote":1,"tweetType":1,"viewCount":234,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":879111174,"gmtCreate":1636689234217,"gmtModify":1636689234849,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>hhuh, why dropping today? Hongkie punters taking profits and run?","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>hhuh, why dropping today? Hongkie punters taking profits and run?","text":"$Alibaba(09988)$hhuh, why dropping today? Hongkie punters taking profits and run?","images":[{"img":"https://static.tigerbbs.com/68f7826a2b53f67def16e0c6f8a8f2dd","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/879111174","isVote":1,"tweetType":1,"viewCount":518,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":843689072,"gmtCreate":1635823631213,"gmtModify":1635823631416,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>美国拼命买[鼓掌]&nbsp;，香港拼命卖[抠鼻]&nbsp;[晕]&nbsp;","listText":"<a href=\"https://laohu8.com/S/09988\">$Alibaba(09988)$</a>美国拼命买[鼓掌]&nbsp;，香港拼命卖[抠鼻]&nbsp;[晕]&nbsp;","text":"$Alibaba(09988)$美国拼命买[鼓掌] ，香港拼命卖[抠鼻] [晕]","images":[{"img":"https://static.tigerbbs.com/baab65fd3b929038343177ad1fea0445","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/843689072","isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3578479768557192","authorId":"3578479768557192","name":"FranKoh","avatar":"https://static.tigerbbs.com/94104f964346a916676e7e914d93706d","crmLevel":5,"crmLevelSwitch":0},"content":"为什么这样？美国买香港卖？对我来说没有任何意义…","text":"为什么这样？美国买香港卖？对我来说没有任何意义…","html":"为什么这样？美国买香港卖？对我来说没有任何意义…"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":878988284,"gmtCreate":1637138381299,"gmtModify":1637138381893,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[得意]&nbsp;[得意]&nbsp;[财迷]&nbsp;, huat ah!","listText":"[得意]&nbsp;[得意]&nbsp;[财迷]&nbsp;, huat ah!","text":"[得意] [得意] [财迷] , huat ah!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/878988284","repostId":"1154755901","repostType":4,"isVote":1,"tweetType":1,"viewCount":787,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":838804459,"gmtCreate":1629383653271,"gmtModify":1631890454464,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>wake me up when September comes[叹气]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>wake me up when September comes[叹气]&nbsp;","text":"$Tiger Brokers(TIGR)$wake me up when 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24hrs[丢脸]","images":[{"img":"https://static.tigerbbs.com/9c52f4e05a7ac95dd8c898bfb49f2d5d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/170856819","isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3548442381649766","authorId":"3548442381649766","name":"海格微","avatar":"https://static.tigerbbs.com/627e959157d81f1d9d698bade03acc1d","crmLevel":2,"crmLevelSwitch":0},"content":"别紧张。 不会有问题的。 我？也简短一点，","text":"别紧张。 不会有问题的。 我？也简短一点，","html":"别紧张。 不会有问题的。 我？也简短一点，"}],"imageCount":1,"langContent":"CN","totalScore":0},{"id":182626946,"gmtCreate":1623570498285,"gmtModify":1634031530841,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a 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href=\"https://laohu8.com/S/09888\">$BIDU-SW(09888)$</a>争气点啊","text":"$BIDU-SW(09888)$争气点啊","images":[{"img":"https://static.tigerbbs.com/81ba93e904a3c07d355e8d872cfbe126","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/129012475","isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":172603124,"gmtCreate":1626956237268,"gmtModify":1631892961256,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210820 15.0 PUT(TIGR)$</a>got lucky this round[得意]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$TIGR 20210820 15.0 PUT(TIGR)$</a>got lucky this round[得意]&nbsp;","text":"$TIGR 20210820 15.0 PUT(TIGR)$got lucky this round[得意]","images":[{"img":"https://static.tigerbbs.com/835a5b7b3dcd765b9174ff159756522d","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/172603124","isVote":1,"tweetType":1,"viewCount":272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":132544908,"gmtCreate":1622103155804,"gmtModify":1631887354086,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/QS\">$Quantumscape Corp.(QS)$</a>垃圾股，lucky this are profits leftover","listText":"<a href=\"https://laohu8.com/S/QS\">$Quantumscape Corp.(QS)$</a>垃圾股，lucky this are profits leftover","text":"$Quantumscape Corp.(QS)$垃圾股，lucky this are profits leftover","images":[{"img":"https://static.tigerbbs.com/74b3da65f67526b45ba9ea064551c903","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/132544908","isVote":1,"tweetType":1,"viewCount":923,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":139984239,"gmtCreate":1621584672921,"gmtModify":1634187881774,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>will the real TIGR please stand up.[愤怒]&nbsp;[愤怒]&nbsp;[愤怒]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>will the real TIGR please stand up.[愤怒]&nbsp;[愤怒]&nbsp;[愤怒]&nbsp;","text":"$Tiger Brokers(TIGR)$will the real TIGR please stand up.[愤怒] [愤怒] [愤怒]","images":[{"img":"https://static.tigerbbs.com/3b022e53121f2b1ad7bd30f088642b13","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139984239","isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":871832033,"gmtCreate":1637048542477,"gmtModify":1637048542721,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Financial freedom only..for the founders[打脸]&nbsp;","listText":"Financial freedom only..for the founders[打脸]&nbsp;","text":"Financial freedom only..for the founders[打脸]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/871832033","repostId":"2183188070","repostType":4,"repost":{"id":"2183188070","pubTimestamp":1637047263,"share":"https://www.laohu8.com/m/news/2183188070?lang=&edition=full","pubTime":"2021-11-16 15:21","market":"us","language":"en","title":"Grab’s Ride-Hailing Service Disrupted Across Southeast Asia","url":"https://stock-news.laohu8.com/highlight/detail?id=2183188070","media":"Bloomberg","summary":"Grab Holdings Inc.’s ride-hailing service was having technical difficulties in markets including Sin","content":"<p>Grab Holdings Inc.’s ride-hailing service was having technical difficulties in markets including Singapore, Malaysia and the Philippines on Tuesday with some customers reporting problems with using the app.</p>\n<p>“We are currently experiencing a service disruption,” Grab said in a statement in response to questions from Bloomberg News. “Our teams are working hard to fix this and we will provide updates as they become available. We apologize for the inconvenience.”</p>\n<p>Grab operates ride-hailing, delivery, and digital financial services in more than 400 cities in eight countries in Southeast Asia.</p>\n<p>The Singapore-based company is preparing to merge with <a href=\"https://laohu8.com/S/AGCUU\">Altimeter Growth</a> Gorp., the special purpose acquisition company of Brad Gerstner’s Altimeter Capital Management. Grab has postponed the $40 billion deal -- announced in April and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest-ever mergers with a SPAC -- to the fourth quarter as it works on an audit of the past three years’ accounts. The company reiterated last week it expects the deal to complete this quarter.</p>\n<p>Grab Loss Widens as Pandemic Weighs on Ride-Hailing Demand.</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>Grab’s Ride-Hailing Service Disrupted Across Southeast Asia</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGrab’s Ride-Hailing Service Disrupted Across Southeast Asia\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-16 15:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/grab-ride-hailing-disrupted-across-020433019.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Grab Holdings Inc.’s ride-hailing service was having technical difficulties in markets including Singapore, Malaysia and the Philippines on Tuesday with some customers reporting problems with using ...</p>\n\n<a href=\"https://finance.yahoo.com/news/grab-ride-hailing-disrupted-across-020433019.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TWTR":"Twitter","AGCUU":"Altimeter Growth"},"source_url":"https://finance.yahoo.com/news/grab-ride-hailing-disrupted-across-020433019.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2183188070","content_text":"Grab Holdings Inc.’s ride-hailing service was having technical difficulties in markets including Singapore, Malaysia and the Philippines on Tuesday with some customers reporting problems with using the app.\n“We are currently experiencing a service disruption,” Grab said in a statement in response to questions from Bloomberg News. “Our teams are working hard to fix this and we will provide updates as they become available. We apologize for the inconvenience.”\nGrab operates ride-hailing, delivery, and digital financial services in more than 400 cities in eight countries in Southeast Asia.\nThe Singapore-based company is preparing to merge with Altimeter Growth Gorp., the special purpose acquisition company of Brad Gerstner’s Altimeter Capital Management. Grab has postponed the $40 billion deal -- announced in April and one of the largest-ever mergers with a SPAC -- to the fourth quarter as it works on an audit of the past three years’ accounts. The company reiterated last week it expects the deal to complete this quarter.\nGrab Loss Widens as Pandemic Weighs on Ride-Hailing Demand.","news_type":1},"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879669114,"gmtCreate":1636718068240,"gmtModify":1636718068418,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Amazon stock is only 4.4x price to book, what has tesla achieved to be compared to amazon at this Price? competitors are catching up and&nbsp;It's fsd is not even rated among the best right now.","listText":"Amazon stock is only 4.4x price to book, what has tesla achieved to be compared to amazon at this Price? competitors are catching up and&nbsp;It's fsd is not even rated among the best right now.","text":"Amazon stock is only 4.4x price to book, what has tesla achieved to be compared to amazon at this Price? competitors are catching up and It's fsd is not even rated among the best right now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/879669114","repostId":"1101762629","repostType":4,"repost":{"id":"1101762629","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1636715542,"share":"https://www.laohu8.com/m/news/1101762629?lang=&edition=full","pubTime":"2021-11-12 19:12","market":"us","language":"en","title":"Musk further sold Tesla shares on November 11","url":"https://stock-news.laohu8.com/highlight/detail?id=1101762629","media":"Tiger Newspress","summary":"Musk further sold Tesla shares on November 11, according to the SEC files.","content":"<p>Musk further sold Tesla shares on November 11,&nbsp;according to the SEC files.</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>Musk further sold Tesla shares on November 11</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\">\nMusk further sold Tesla shares on November 11\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-12 19:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Musk further sold Tesla shares on November 11,&nbsp;according to the SEC files.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101762629","content_text":"Musk further sold Tesla shares on November 11, according to the SEC files.","news_type":1},"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":837358681,"gmtCreate":1629858952243,"gmtModify":1631887337058,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>香港股市真差，腾讯这种优质股还拼命卖。","listText":"<a href=\"https://laohu8.com/S/00700\">$TENCENT(00700)$</a>香港股市真差，腾讯这种优质股还拼命卖。","text":"$TENCENT(00700)$香港股市真差，腾讯这种优质股还拼命卖。","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/837358681","isVote":1,"tweetType":1,"viewCount":835,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":893189434,"gmtCreate":1628246055128,"gmtModify":1631892961144,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>我等到花儿也谢了[流泪]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>我等到花儿也谢了[流泪]&nbsp;","text":"$Tiger Brokers(TIGR)$我等到花儿也谢了[流泪]","images":[{"img":"https://static.tigerbbs.com/89d930bd608b4b748c3dbc192a0688a2","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/893189434","isVote":1,"tweetType":1,"viewCount":348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":804018033,"gmtCreate":1627911849722,"gmtModify":1631892961196,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>加油哦 ⛽！！","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>加油哦 ⛽！！","text":"$Tiger Brokers(TIGR)$加油哦 ⛽！！","images":[{"img":"https://static.tigerbbs.com/950e21cb215d356ac0c1c5842cc38158","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/804018033","isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":847498369,"gmtCreate":1636542257485,"gmtModify":1636542258009,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Someone predict the crash gonna come soon every single month, just remember that even a broken clock get the time correct twice every day. Just stick to fundamentals and stay invested[正经]&nbsp;","listText":"Someone predict the crash gonna come soon every single month, just remember that even a broken clock get the time correct twice every day. Just stick to fundamentals and stay invested[正经]&nbsp;","text":"Someone predict the crash gonna come soon every single month, just remember that even a broken clock get the time correct twice every day. Just stick to fundamentals and stay invested[正经]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847498369","repostId":"1179287524","repostType":4,"repost":{"id":"1179287524","pubTimestamp":1636532973,"share":"https://www.laohu8.com/m/news/1179287524?lang=&edition=full","pubTime":"2021-11-10 16:29","market":"us","language":"en","title":"Don't Get Too Comfortable: The Crash May Be Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=1179287524","media":"seekingalpha","summary":"Summary\n\nTech stocks are surging left and right like it's 1999 all over again.\nThe S&P 500's cyclica","content":"<p>Summary</p>\n<ul>\n <li>Tech stocks are surging left and right like it's 1999 all over again.</li>\n <li>The S&amp;P 500's cyclically adjusted P/E ratio was higher just once before now. Yes, you guessed it, leading up to the 2000 market top.</li>\n <li>While technology is leading the charge, sky-high valuations seem to be widespread amongst multiple sectors.</li>\n <li>A correction in ultra-high multiple names combined with multiple compression in more mature companies could cause a market meltdown soon.</li>\n <li>Looking for a helping hand in the market? Members of The Financial Prophet get exclusive ideas and guidance to navigate any climate.</li>\n</ul>\n<p>There is extensive froth in the stock market right now, and you don't have to go far or dig deep to see what I mean.</p>\n<p><b>The S&amp;P 500/SPX</b>(SP500)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2323fa4ed6b27420f5433954b61f797b\" tg-width=\"727\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Source: StockCharts.com</span></p>\n<p>The S&amp;P 500 has now gained about 10% since I&nbsp;began calling to an end&nbsp;to the recent pullback at the lows several weeks ago. We've seen remarkable gains in a short time frame, as the SPX has appreciated in 18 out of its last 20 trading sessions. Moreover, the major stock average is up by about 35% over the previous year.</p>\n<p>Technically, the image is significantly overheated right now. The relative strength index (\"RSI\") is nearing 80, the highest level in over a year. The last time the RSI surged to 80 was right before the 10% correction last September. Moreover, the full stochastic is elevated and looks ready to turn downward, implying a possible shift in sentiment.</p>\n<p><b>Invesco Nasdaq 100 ETF</b>(QQQ)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4fc9224a93768c8e3e6fca68a191e0da\" tg-width=\"721\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Source: StockCharts.com</span></p>\n<p>The Nasdaq 100 is even worse. QQQ looks like it topped out at $400, about a 15% gain from recent lows just several weeks ago. The RSI reached the absurdly high 80 levels and is hovering around 77, signaling highly overbought technical conditions. Incredibly, were looking at about a 43% gain over the last year here. Several other technical elements jump out. QQQ's price is now about 7% above its 50-day moving average. Again, the last time we saw anything close to this disconnect was the short-term top going into September 2020. Now we see the full stochastic turning downward, and the black candle at the recent top could mean that high-flying tech stocks are ready to head lower for now.</p>\n<p>Tech Stocks Gone Wild</p>\n<p>There is no shortage of froth in the tech sector today. I don't mean just technically, as fundamentally, some valuations seem absurd right now.</p>\n<p><b>NVIDIA</b>(NVDA)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5fee6e0df3997c0eb900abe5f6c0fc89\" tg-width=\"723\" tg-height=\"772\" width=\"100%\" height=\"auto\"><span>Source: StockCharts.com</span></p>\n<p>Nvidia is a great company, and the stock has performed exceptionally well lately. Possibly too well, as shares have nearly tripled in just about one year, and the company is approaching a forward&nbsp;P/E valuation of 80 now. Also, if you thought an RSI of 80 was high, check out Nvidia pushing up to around 90 right now. In some cases, an 80 P/E ratio could make sense, but Nvidia is not likely to show exceptional earnings growth in future years. On the contrary, projections illustrate the probability of modest EPS growth in upcoming years.</p>\n<p>Therefore, Nvidia with a forward P/E ratio of 80 doesn't make sense in my mind. Additionally, the company is now around a $750 billion valuation with just about $25 billion in revenues set to come in this year. Thus, Nvidia is trading at about 30 times sales right now.</p>\n<p>Thirty times sales, what? Is Nvidia a rapidly growing small-cap tech or biotechnology firm? No, it is not. Nvidia is the top tech stock gone wild lately. It is now a mega-cap tech name, the&nbsp;number 7 weight wise&nbsp;company in the S&amp;P 500, and it looks hugely overvalued at this point.</p>\n<p>I am no Nvidia bear, and I owned shares in prior quarters. Possibly the only reason I don't own Nvidia now is that I have AMD in my portfolio. However, with the stock now 36% above its 50-day MA on essentially no news, things are getting absurd.</p>\n<p>Nvidia could drop by 33% from here, and it would still be relatively expensive at $200 with a forward multiple above $50.</p>\n<p><b>Tesla</b>(TSLA)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5c21876fcb512c6599d06c5e93452165\" tg-width=\"726\" tg-height=\"771\" width=\"100%\" height=\"auto\"><span>Source: StockCharts.com</span></p>\n<p>If you thought Nvidia's valuation was an end to the madness, it's not, likely only the beginning. Let's talk about Tesla for a minute. Now, I am a long-term supporter of Tesla, I've owned the company's shares for a long time, and I've written many positive articles about the company. The first article I ever wrote on Seeking Alpha was \"Will Tesla Become A Trillion Dollar Company?\" Now, Tesla became a trillion-dollar company much sooner than I anticipated, and I took profits in the stock at around $1,200 recently.</p>\n<p>I still like Tesla longer-term, but let's face it, we're dealing with a stock that has expanded by about 4.5X over the last year (this is on top of a remarkable runup the previous year). While it might not be fair to judge Tesla's valuation on its 190 forward P/E multiple, I think the stock is richly priced at 22 times sales.</p>\n<p>Technically, the image is mind-boggling, as Tesla recently surged to 50% above its 50-day MA and hit an RSI level well above 90. Tesla is now the fifth-largest S&amp;P 500 component and accounts for about 2.5% of the major average's weight.</p>\n<p>Tesla is not the only stock to go wild in the EV space. We see other players like Lucid (LCID) hitting ludicrous valuations. Lucid now trades at a valuation of&nbsp;around $70 billion, while analysts anticipate the company to bring in about $1.7 billion in revenues next year. We're looking at a forward P/S ratio of about 40 here now. Lucid is another stock that has been up by about 4.5X over the last year, and this is another nameI took profits in recently.</p>\n<p>Tesla could drop to around $800 - 900 support, roughly around a 25-33% pullback from recent highs. The stock would look far more attractive then.</p>\n<p><b>Advanced Micro Devices</b>(AMD)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/008840326856d3681371b0d0f4f384d4\" tg-width=\"727\" tg-height=\"773\" width=\"100%\" height=\"auto\"><span>Source: StockCharts.com</span></p>\n<p>AMD has been one of my favorite stocks recently, and this is one that I'm still long for now. However, the recent runup has been intense. We see an RSI closing in on 90, and this name has nearly doubled over the last year. Yet, at about&nbsp;ten times sales&nbsp;and a forward P/E below 50, it seems relatively cheap to names like Nvidia and others right now. Incredibly, right?</p>\n<p>The list of big tech stocks surging lately can go on and on, but I want to look at the most prominent tech stock in the world that is not surging lately. I think it is pretty telling what Apple's stock is doing right now.</p>\n<p>AMD could use about a 20% discount around here. A forward P/E ratio closer to 40 would make the stock much more attractive at approximately $120 a share. I am using spreads to hedge my position here. Otherwise, I would take profits now.</p>\n<p><b>Apple</b>(AAPL)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/63d6d781b612860c8e34e5d7f53f2988\" tg-width=\"731\" tg-height=\"771\" width=\"100%\" height=\"auto\"><span>Source: StockCharts.com - Apple could get its P/E ratio compressed to around 20, implying a price of about $112 for its shares.</span></p>\n<p>So, what is Apple doing lately? Well, not much, as the stock is not skyrocketing to new ATHs as many other technology names are right now. It appears that Apple topped out in early September and has failed to make new highs since. Now, we see a lower high being put in, and Apple looks like it could trade sideways or even head lower for now.</p>\n<p>Now, I spoke about&nbsp;Apple being dead money&nbsp;in my previous article on the company, but there is a good reason for this, in my view. While Apple is not trading at 80 or 50 times forward earnings projections, the company is trading at about27 times forward earning&nbsp;sexpectations. The problem is that while AMD, Nvidia, Tesla, and others are still strong growth stories, Apple likely has minimal growth potential in the next few years.</p>\n<p>Analysts are typically bullish on Apple but predict low single-digit revenue and EPS growth in future years. So, why is Apple trading at such a premium multiple? After all, 27 times forward earnings are not cheap, and even in the current environment, a company should have robust growth prospects for the next several years.</p>\n<p>Apple seems overvalued here, and the company does not deserve such a premium multiple given the probability for stagnant growth in the next several years. Therefore, we could see multiple compression in Apple from now on, and the company's downturn could drag the broader down as well.</p>\n<p>The problem is that Apple accounts for a substantial portion of the S&amp;P 500's weight (6%). Another problem is that Apple is not alone, and this may come as a surprise to many people, but Apple is not even the most significant component of the SPX.</p>\n<p><b>Microsoft</b>(MSFT):</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9788532fa13a3b90f86289660c2cb238\" tg-width=\"726\" tg-height=\"771\" width=\"100%\" height=\"auto\"><span>Source: StockCharts.com -Microsoft's stock would look much more attractive with a forward P/E ratio of about 30, suggesting a 20% correction for the stock. Microsoft at $270 looks like a much better buy than it is now.</span></p>\n<p>Talk about being overbought technically. Just look at Microsoft. The RSI here is approaching 80, the stock is up by nearly 60% over the last year, and Microsoft is now the most valuable company globally. Yes, this $2.52 trillion behemoth now accounts for around 6.35% of the SPX's weight. Now, I wish I could say that Microsoft is relatively inexpensive, but that is far from true. On the contrary, Microsoft trades at a whopping37 times forward earnings&nbsp;expectations.</p>\n<p>Granted, Microsoft offers better growth prospects than Apple in future years, but nearly 40 times forward estimates for a stock that could increase earnings by about 10-15% next year is very expensive. We don't typically value huge companies relative to their sales, but Microsoft now trades at a ridiculously high 15 times TTM sales.</p>\n<p>I also want to emphasize the growing influence of big tech in the S&amp;P 500 and other major averages. The top seven weighted holdings in the S&amp;P 500 are seven giant tech companies that account for a whopping27% of the index's weight. It's not difficult to imagine what will happen to the S&amp;P 500 and other major stock indexes when this massive tech bubble unwinds or corrects down the line.</p>\n<p><b>S&amp;P 500 Shiller P/E ratio</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2758adbaf32d04dd18b08589062e6f62\" tg-width=\"1669\" tg-height=\"739\" width=\"100%\" height=\"auto\"><span>Source:multpl.com</span></p>\n<p>I spoke about Microsoft's lofty forward P/E ratio, but it is essentially in line with the Shiller/cyclically adjusted P/E ratio on the entire S&amp;P 500 right now. So, we see that this phenomenon of remarkably high valuations is not only concentrated in tech but is widespread right now. We also see that similar valuations have only been observed once before in history. Yes, around the height of the dot-com bubble, some of us know how that turned out, and the outcome was unfavorable for stocks.</p>\n<p>Another factor I want to go over is that while I use a forward P/E in many instances, no one knows what company earnings will be next year. We saw quite a few&nbsp;misses last quarter, far more disappointing results than was expected. Apple and Amazon (AMZN) are just a couple of examples, but many more big names missed guidance.</p>\n<p><b>Therefore, if we look at TTM P/E multiples:</b></p>\n<ul>\n <li>Microsoft: 42</li>\n <li>Apple: 27</li>\n <li>Nvidia: 90</li>\n <li>Tesla: 228</li>\n <li>AMD: 63</li>\n <li>Lucid: N/A</li>\n</ul>\n<p>The Bottom Line</p>\n<p>We see many names trading at extremely high valuations right now. Moreover, many prominent companies and major stock market averages are grossly overbought technically. While I focused primarily on the dominant tech companies that account for a massive part of the S&amp;P 500's total weight, the frothy valuations go well beyond technology. The stock market, in general, looks frothy here technically, as well as from a fundamental perspective. Now, we could see a dynamic where the ultra-high multiple names that have skyrocketed lately begin to pull back. Simultaneously, we could see companies like Apple trade sideways or ever move lower due to growth concerns and subsequent multiple contractions. The result could be a \"deflation\" of the current bubble, which could cause a correction or even a mini-crash to occur as we advance into next year.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Don't Get Too Comfortable: The Crash May Be Coming</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\">\nDon't Get Too Comfortable: The Crash May Be Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 16:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4467619-dont-get-too-comfortable-the-crash-is-coming><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTech stocks are surging left and right like it's 1999 all over again.\nThe S&P 500's cyclically adjusted P/E ratio was higher just once before now. Yes, you guessed it, leading up to the 2000 ...</p>\n\n<a href=\"https://seekingalpha.com/article/4467619-dont-get-too-comfortable-the-crash-is-coming\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://seekingalpha.com/article/4467619-dont-get-too-comfortable-the-crash-is-coming","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1179287524","content_text":"Summary\n\nTech stocks are surging left and right like it's 1999 all over again.\nThe S&P 500's cyclically adjusted P/E ratio was higher just once before now. Yes, you guessed it, leading up to the 2000 market top.\nWhile technology is leading the charge, sky-high valuations seem to be widespread amongst multiple sectors.\nA correction in ultra-high multiple names combined with multiple compression in more mature companies could cause a market meltdown soon.\nLooking for a helping hand in the market? Members of The Financial Prophet get exclusive ideas and guidance to navigate any climate.\n\nThere is extensive froth in the stock market right now, and you don't have to go far or dig deep to see what I mean.\nThe S&P 500/SPX(SP500)\nSource: StockCharts.com\nThe S&P 500 has now gained about 10% since I began calling to an end to the recent pullback at the lows several weeks ago. We've seen remarkable gains in a short time frame, as the SPX has appreciated in 18 out of its last 20 trading sessions. Moreover, the major stock average is up by about 35% over the previous year.\nTechnically, the image is significantly overheated right now. The relative strength index (\"RSI\") is nearing 80, the highest level in over a year. The last time the RSI surged to 80 was right before the 10% correction last September. Moreover, the full stochastic is elevated and looks ready to turn downward, implying a possible shift in sentiment.\nInvesco Nasdaq 100 ETF(QQQ)\nSource: StockCharts.com\nThe Nasdaq 100 is even worse. QQQ looks like it topped out at $400, about a 15% gain from recent lows just several weeks ago. The RSI reached the absurdly high 80 levels and is hovering around 77, signaling highly overbought technical conditions. Incredibly, were looking at about a 43% gain over the last year here. Several other technical elements jump out. QQQ's price is now about 7% above its 50-day moving average. Again, the last time we saw anything close to this disconnect was the short-term top going into September 2020. Now we see the full stochastic turning downward, and the black candle at the recent top could mean that high-flying tech stocks are ready to head lower for now.\nTech Stocks Gone Wild\nThere is no shortage of froth in the tech sector today. I don't mean just technically, as fundamentally, some valuations seem absurd right now.\nNVIDIA(NVDA)\nSource: StockCharts.com\nNvidia is a great company, and the stock has performed exceptionally well lately. Possibly too well, as shares have nearly tripled in just about one year, and the company is approaching a forward P/E valuation of 80 now. Also, if you thought an RSI of 80 was high, check out Nvidia pushing up to around 90 right now. In some cases, an 80 P/E ratio could make sense, but Nvidia is not likely to show exceptional earnings growth in future years. On the contrary, projections illustrate the probability of modest EPS growth in upcoming years.\nTherefore, Nvidia with a forward P/E ratio of 80 doesn't make sense in my mind. Additionally, the company is now around a $750 billion valuation with just about $25 billion in revenues set to come in this year. Thus, Nvidia is trading at about 30 times sales right now.\nThirty times sales, what? Is Nvidia a rapidly growing small-cap tech or biotechnology firm? No, it is not. Nvidia is the top tech stock gone wild lately. It is now a mega-cap tech name, the number 7 weight wise company in the S&P 500, and it looks hugely overvalued at this point.\nI am no Nvidia bear, and I owned shares in prior quarters. Possibly the only reason I don't own Nvidia now is that I have AMD in my portfolio. However, with the stock now 36% above its 50-day MA on essentially no news, things are getting absurd.\nNvidia could drop by 33% from here, and it would still be relatively expensive at $200 with a forward multiple above $50.\nTesla(TSLA)\nSource: StockCharts.com\nIf you thought Nvidia's valuation was an end to the madness, it's not, likely only the beginning. Let's talk about Tesla for a minute. Now, I am a long-term supporter of Tesla, I've owned the company's shares for a long time, and I've written many positive articles about the company. The first article I ever wrote on Seeking Alpha was \"Will Tesla Become A Trillion Dollar Company?\" Now, Tesla became a trillion-dollar company much sooner than I anticipated, and I took profits in the stock at around $1,200 recently.\nI still like Tesla longer-term, but let's face it, we're dealing with a stock that has expanded by about 4.5X over the last year (this is on top of a remarkable runup the previous year). While it might not be fair to judge Tesla's valuation on its 190 forward P/E multiple, I think the stock is richly priced at 22 times sales.\nTechnically, the image is mind-boggling, as Tesla recently surged to 50% above its 50-day MA and hit an RSI level well above 90. Tesla is now the fifth-largest S&P 500 component and accounts for about 2.5% of the major average's weight.\nTesla is not the only stock to go wild in the EV space. We see other players like Lucid (LCID) hitting ludicrous valuations. Lucid now trades at a valuation of around $70 billion, while analysts anticipate the company to bring in about $1.7 billion in revenues next year. We're looking at a forward P/S ratio of about 40 here now. Lucid is another stock that has been up by about 4.5X over the last year, and this is another nameI took profits in recently.\nTesla could drop to around $800 - 900 support, roughly around a 25-33% pullback from recent highs. The stock would look far more attractive then.\nAdvanced Micro Devices(AMD)\nSource: StockCharts.com\nAMD has been one of my favorite stocks recently, and this is one that I'm still long for now. However, the recent runup has been intense. We see an RSI closing in on 90, and this name has nearly doubled over the last year. Yet, at about ten times sales and a forward P/E below 50, it seems relatively cheap to names like Nvidia and others right now. Incredibly, right?\nThe list of big tech stocks surging lately can go on and on, but I want to look at the most prominent tech stock in the world that is not surging lately. I think it is pretty telling what Apple's stock is doing right now.\nAMD could use about a 20% discount around here. A forward P/E ratio closer to 40 would make the stock much more attractive at approximately $120 a share. I am using spreads to hedge my position here. Otherwise, I would take profits now.\nApple(AAPL)\nSource: StockCharts.com - Apple could get its P/E ratio compressed to around 20, implying a price of about $112 for its shares.\nSo, what is Apple doing lately? Well, not much, as the stock is not skyrocketing to new ATHs as many other technology names are right now. It appears that Apple topped out in early September and has failed to make new highs since. Now, we see a lower high being put in, and Apple looks like it could trade sideways or even head lower for now.\nNow, I spoke about Apple being dead money in my previous article on the company, but there is a good reason for this, in my view. While Apple is not trading at 80 or 50 times forward earnings projections, the company is trading at about27 times forward earning sexpectations. The problem is that while AMD, Nvidia, Tesla, and others are still strong growth stories, Apple likely has minimal growth potential in the next few years.\nAnalysts are typically bullish on Apple but predict low single-digit revenue and EPS growth in future years. So, why is Apple trading at such a premium multiple? After all, 27 times forward earnings are not cheap, and even in the current environment, a company should have robust growth prospects for the next several years.\nApple seems overvalued here, and the company does not deserve such a premium multiple given the probability for stagnant growth in the next several years. Therefore, we could see multiple compression in Apple from now on, and the company's downturn could drag the broader down as well.\nThe problem is that Apple accounts for a substantial portion of the S&P 500's weight (6%). Another problem is that Apple is not alone, and this may come as a surprise to many people, but Apple is not even the most significant component of the SPX.\nMicrosoft(MSFT):\nSource: StockCharts.com -Microsoft's stock would look much more attractive with a forward P/E ratio of about 30, suggesting a 20% correction for the stock. Microsoft at $270 looks like a much better buy than it is now.\nTalk about being overbought technically. Just look at Microsoft. The RSI here is approaching 80, the stock is up by nearly 60% over the last year, and Microsoft is now the most valuable company globally. Yes, this $2.52 trillion behemoth now accounts for around 6.35% of the SPX's weight. Now, I wish I could say that Microsoft is relatively inexpensive, but that is far from true. On the contrary, Microsoft trades at a whopping37 times forward earnings expectations.\nGranted, Microsoft offers better growth prospects than Apple in future years, but nearly 40 times forward estimates for a stock that could increase earnings by about 10-15% next year is very expensive. We don't typically value huge companies relative to their sales, but Microsoft now trades at a ridiculously high 15 times TTM sales.\nI also want to emphasize the growing influence of big tech in the S&P 500 and other major averages. The top seven weighted holdings in the S&P 500 are seven giant tech companies that account for a whopping27% of the index's weight. It's not difficult to imagine what will happen to the S&P 500 and other major stock indexes when this massive tech bubble unwinds or corrects down the line.\nS&P 500 Shiller P/E ratio\nSource:multpl.com\nI spoke about Microsoft's lofty forward P/E ratio, but it is essentially in line with the Shiller/cyclically adjusted P/E ratio on the entire S&P 500 right now. So, we see that this phenomenon of remarkably high valuations is not only concentrated in tech but is widespread right now. We also see that similar valuations have only been observed once before in history. Yes, around the height of the dot-com bubble, some of us know how that turned out, and the outcome was unfavorable for stocks.\nAnother factor I want to go over is that while I use a forward P/E in many instances, no one knows what company earnings will be next year. We saw quite a few misses last quarter, far more disappointing results than was expected. Apple and Amazon (AMZN) are just a couple of examples, but many more big names missed guidance.\nTherefore, if we look at TTM P/E multiples:\n\nMicrosoft: 42\nApple: 27\nNvidia: 90\nTesla: 228\nAMD: 63\nLucid: N/A\n\nThe Bottom Line\nWe see many names trading at extremely high valuations right now. Moreover, many prominent companies and major stock market averages are grossly overbought technically. While I focused primarily on the dominant tech companies that account for a massive part of the S&P 500's total weight, the frothy valuations go well beyond technology. The stock market, in general, looks frothy here technically, as well as from a fundamental perspective. Now, we could see a dynamic where the ultra-high multiple names that have skyrocketed lately begin to pull back. Simultaneously, we could see companies like Apple trade sideways or ever move lower due to growth concerns and subsequent multiple contractions. The result could be a \"deflation\" of the current bubble, which could cause a correction or even a mini-crash to occur as we advance into next year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845665743,"gmtCreate":1636335365323,"gmtModify":1636335365873,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/06862\">$HAIDILAO(06862)$</a>hhuh, closing 300 stores and yet it's good news to&nbsp;investors?","listText":"<a href=\"https://laohu8.com/S/06862\">$HAIDILAO(06862)$</a>hhuh, closing 300 stores and yet it's good news to&nbsp;investors?","text":"$HAIDILAO(06862)$hhuh, closing 300 stores and yet it's good news to investors?","images":[{"img":"https://static.tigerbbs.com/0239f18c79aaf5dd523be960192889db","width":"1080","height":"3432"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/845665743","isVote":1,"tweetType":1,"viewCount":130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":851617902,"gmtCreate":1634902792339,"gmtModify":1634902792880,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like buying 4d..lol.","listText":"Like buying 4d..lol.","text":"Like buying 4d..lol.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/851617902","repostId":"851612982","repostType":1,"repost":{"id":851612982,"gmtCreate":1634902404937,"gmtModify":1634902481154,"author":{"id":"4095730249609610","authorId":"4095730249609610","name":"hellrider","avatar":"https://static.tigerbbs.com/4e71f1e9b0f239f014c6c8c195c35c4d","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DWAC\">$Digital World Acquisition Corp(DWAC)$</a>maybe trump want to reach out to Facebook1😊😁😁","listText":"<a href=\"https://laohu8.com/S/DWAC\">$Digital World Acquisition Corp(DWAC)$</a>maybe trump want to reach out to Facebook1😊😁😁","text":"$Digital World Acquisition Corp(DWAC)$maybe trump want to reach out to Facebook1😊😁😁","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851612982","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":898427835,"gmtCreate":1628518478927,"gmtModify":1631890454545,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>今天能破18马？[思考]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>今天能破18马？[思考]&nbsp;","text":"$Tiger Brokers(TIGR)$今天能破18马？[思考]","images":[{"img":"https://static.tigerbbs.com/eb073c9d2f2b7e60c544eafd4c49bf03","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/898427835","isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":171935314,"gmtCreate":1626701868938,"gmtModify":1633924823884,"author":{"id":"3571036277019840","authorId":"3571036277019840","name":"joker1","avatar":"https://static.tigerbbs.com/044c5cbfb25d0314e6cab11c03931c62","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Anyone feel like slaughtering a chicken 🐔 tonight?[愤怒]&nbsp;","listText":"Anyone feel like slaughtering a chicken 🐔 tonight?[愤怒]&nbsp;","text":"Anyone feel like slaughtering a chicken 🐔 tonight?[愤怒]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/171935314","repostId":"1107082783","repostType":4,"repost":{"id":"1107082783","pubTimestamp":1626700621,"share":"https://www.laohu8.com/m/news/1107082783?lang=&edition=full","pubTime":"2021-07-19 21:17","market":"us","language":"en","title":"Bill Ackman Was Too Clever for His Own Good","url":"https://stock-news.laohu8.com/highlight/detail?id=1107082783","media":"Bloomberg","summary":"Pershing Square wanted to reinvent how SPACs operate. Now it’s back to the drawing board after the c","content":"<blockquote>\n Pershing Square wanted to reinvent how SPACs operate. Now it’s back to the drawing board&nbsp;after the complex Universal Music Group deal met opposition.\n</blockquote>\n<p>Bill Ackman wasn’t content just to raise the largest SPAC ever —&nbsp;the $4 billion Pershing Square Tontine Holdings Ltd. He wanted to reinvent how blank-check firms&nbsp;operate.&nbsp;The deal he proposedin June to purchase a stake in Universal Music Group was also one of the most complex the&nbsp;world of special purpose acquisition vehicles had&nbsp;ever known. Aslide deckoutlining its various contortions ran to 130&nbsp;pages.</p>\n<p>Ackman may now have to ponder whether there’s perhaps a thing as too much complexity. On Monday $PSTH, as it’s referred to by its retail investor devotees,&nbsp;announcedit will no longer&nbsp;proceed with the Universal transaction. The U.S.&nbsp;Securities and Exchange Commission raised objections and shareholders also gave the deal&nbsp;the thumbs down by pummeling the stock. So that Universal’s owner, Vivendi SE, isn’t left hanging, Ackman’s investment firm, Pershing Square Holdings Ltd., and affiliates will buy a Universal stake and assume the transaction costs. Universal will still become a public company, it’s just that Ackman’s SPAC won’t be involved.</p>\n<p>Ackman’s determination to innovate and reform SPACs remains admirable. They’re often ridden with conflicts, excessive fees and potential shareholder dilution. But confidence he can pull off a top-caliber&nbsp;deal has&nbsp;taken a hit here. In short: He was too clever for his own good.</p>\n<p>The SEC apparently had several issues with the way the Universal deal was structured. Pershing Square didn’t spell out precisely what these were but said the primary sticking point was whether the structure of the Universal&nbsp;deal qualified under New York Stock Exchange rules.</p>\n<p>It was certainly unique and complex undertaking. For starters, Universal wasn’t intending to take over PSTH’s stock market listing on the NYSE via a merger as is usually the case.&nbsp;Universal is being listed in Amsterdam and Ackman’s SPAC planned just to acquire a 10% stake and then distribute shares of the world’s largest music company to its&nbsp;shareholders. Instead of offering them&nbsp;a vote on the transaction, Ackman proposed a speedier redemption tender offer, whereby anyone who didn’t like the deal&nbsp;could&nbsp;get their money back (as they&nbsp;can in regular SPAC transactions).</p>\n<p>With the $1.6 billion cash left over after buying the Universal stake, Ackman’s SPAC&nbsp;planned to pursue another deal. And the final twist, shareholders would also get a right to put cash into another future Pershing Square transaction. He&nbsp;dubbed that a&nbsp;“SPARC,” a&nbsp;special purpose acquisition rights company. Instead of asking for money upfront, as most SPACs do, Ackman would find a target first and then shareholders could decide&nbsp;if they wanted to put money in. This would avoid expensive underwriting fees and investors parking money in the SPAC for a long period for little return. Unlike a regular blank-check firm, it wouldn’t be under time pressure to find a deal.</p>\n<p>Elements of this were&nbsp;quite attractive and Ackman was adamant the SPAC shareholders were getting a lot of value. However, it appears that the novel approach was a stretch too far for the SEC. PSTH decided the regulator’s&nbsp;objections couldn’t be overcome.</p>\n<p>It wasn’t just the SEC that had&nbsp;doubts though: Trading&nbsp;at a large premium to the value of its cash holdings prior to the Universal deal being announced,&nbsp;the stock has since declined 18% to $20.63, not far from&nbsp;the $20&nbsp;price at which shareholders could tender to get their money back. Surprisingly, the company said it hadn’t anticipated the potential impact on investors who couldn’t hold foreign securities, who margin their shares or who own call options on the stock.</p>\n<p>PSTH has a large cohort of retail investor followers and many of them were convinced Ackman would serve up a&nbsp;juicy transaction. Instead, they’ve received an unpleasant lesson that paying more for a blank-check firm share than the value of the cash it&nbsp;holds is risky when you don’t yet know what it will buy.</p>\n<p>When outlining the deal to shareholders last month, Ackman allowed himself a little boast: “I think I’ll put out a little advertisement —&nbsp;we’re pretty good at this stuff. And so if you’re a counterparty that has got some complex legal, tax, cross-border or other issues, we’re here to solve your problems.”</p>\n<p>Unfortunately, the plan brought on headaches instead. Ackman has 18 months to find an attractive target and restore the retail crowd’s faith in him. He’s promised that next time the deal will be structured as a “conventional SPAC merger.”&nbsp;After this searing experience, the simpler the better.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill Ackman Was Too Clever for His Own Good</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\">\nBill Ackman Was Too Clever for His Own Good\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-19 21:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/opinion/articles/2021-07-19/-psth-pulls-universal-music-deal-bill-ackman-was-too-clever-for-his-own-good?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pershing Square wanted to reinvent how SPACs operate. Now it’s back to the drawing board after the complex Universal Music Group deal met opposition.\n\nBill Ackman wasn’t content just to raise the ...</p>\n\n<a href=\"https://www.bloomberg.com/opinion/articles/2021-07-19/-psth-pulls-universal-music-deal-bill-ackman-was-too-clever-for-his-own-good?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PSHZF":"Pershing Square Holdings Ltd."},"source_url":"https://www.bloomberg.com/opinion/articles/2021-07-19/-psth-pulls-universal-music-deal-bill-ackman-was-too-clever-for-his-own-good?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107082783","content_text":"Pershing Square wanted to reinvent how SPACs operate. Now it’s back to the drawing board after the complex Universal Music Group deal met opposition.\n\nBill Ackman wasn’t content just to raise the largest SPAC ever — the $4 billion Pershing Square Tontine Holdings Ltd. He wanted to reinvent how blank-check firms operate. The deal he proposedin June to purchase a stake in Universal Music Group was also one of the most complex the world of special purpose acquisition vehicles had ever known. Aslide deckoutlining its various contortions ran to 130 pages.\nAckman may now have to ponder whether there’s perhaps a thing as too much complexity. On Monday $PSTH, as it’s referred to by its retail investor devotees, announcedit will no longer proceed with the Universal transaction. The U.S. Securities and Exchange Commission raised objections and shareholders also gave the deal the thumbs down by pummeling the stock. So that Universal’s owner, Vivendi SE, isn’t left hanging, Ackman’s investment firm, Pershing Square Holdings Ltd., and affiliates will buy a Universal stake and assume the transaction costs. Universal will still become a public company, it’s just that Ackman’s SPAC won’t be involved.\nAckman’s determination to innovate and reform SPACs remains admirable. They’re often ridden with conflicts, excessive fees and potential shareholder dilution. But confidence he can pull off a top-caliber deal has taken a hit here. In short: He was too clever for his own good.\nThe SEC apparently had several issues with the way the Universal deal was structured. Pershing Square didn’t spell out precisely what these were but said the primary sticking point was whether the structure of the Universal deal qualified under New York Stock Exchange rules.\nIt was certainly unique and complex undertaking. For starters, Universal wasn’t intending to take over PSTH’s stock market listing on the NYSE via a merger as is usually the case. Universal is being listed in Amsterdam and Ackman’s SPAC planned just to acquire a 10% stake and then distribute shares of the world’s largest music company to its shareholders. Instead of offering them a vote on the transaction, Ackman proposed a speedier redemption tender offer, whereby anyone who didn’t like the deal could get their money back (as they can in regular SPAC transactions).\nWith the $1.6 billion cash left over after buying the Universal stake, Ackman’s SPAC planned to pursue another deal. And the final twist, shareholders would also get a right to put cash into another future Pershing Square transaction. He dubbed that a “SPARC,” a special purpose acquisition rights company. Instead of asking for money upfront, as most SPACs do, Ackman would find a target first and then shareholders could decide if they wanted to put money in. This would avoid expensive underwriting fees and investors parking money in the SPAC for a long period for little return. Unlike a regular blank-check firm, it wouldn’t be under time pressure to find a deal.\nElements of this were quite attractive and Ackman was adamant the SPAC shareholders were getting a lot of value. However, it appears that the novel approach was a stretch too far for the SEC. PSTH decided the regulator’s objections couldn’t be overcome.\nIt wasn’t just the SEC that had doubts though: Trading at a large premium to the value of its cash holdings prior to the Universal deal being announced, the stock has since declined 18% to $20.63, not far from the $20 price at which shareholders could tender to get their money back. Surprisingly, the company said it hadn’t anticipated the potential impact on investors who couldn’t hold foreign securities, who margin their shares or who own call options on the stock.\nPSTH has a large cohort of retail investor followers and many of them were convinced Ackman would serve up a juicy transaction. Instead, they’ve received an unpleasant lesson that paying more for a blank-check firm share than the value of the cash it holds is risky when you don’t yet know what it will buy.\nWhen outlining the deal to shareholders last month, Ackman allowed himself a little boast: “I think I’ll put out a little advertisement — we’re pretty good at this stuff. And so if you’re a counterparty that has got some complex legal, tax, cross-border or other issues, we’re here to solve your problems.”\nUnfortunately, the plan brought on headaches instead. Ackman has 18 months to find an attractive target and restore the retail crowd’s faith in him. He’s promised that next time the deal will be structured as a “conventional SPAC merger.” After this searing experience, the simpler the better.","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}