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Jaywei
2021-12-15
Ok
Cathie Wood Loads Up Another $4.3M In This Chinese Tesla Rival
Jaywei
2021-11-01
Nice
What's the best month for stocks? Hint: the next four weeks
Jaywei
2021-10-29
Lol
Roblox is a better metaverse play than Facebook - Tao Value
Jaywei
2021-10-04
🙏🏻
Fed's Bullard: U.S. businesses having no problems raising prices
Jaywei
2021-09-20
Good luck
Snapchat: Initiating Coverage With "Buy" - Is SNAP The Next Trillion-Dollar Company?
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2021-09-20
Some?
Some China concepts stocks fell in premarket trading
Jaywei
2021-09-10
$ARK Innovation ETF(ARKK)$
Dip wru
Jaywei
2021-09-07
$ARK Innovation ETF(ARKK)$
Let’s go
Jaywei
2021-08-11
Nice comment
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Jaywei
2021-08-03
Chicken genius
Using Options To Create A 10% Synthetic 'Dividend' On Tesla Stock
Jaywei
2021-07-31
Ok
Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First
Jaywei
2021-07-29
$Pinduoduo Inc.(PDD)$
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Jaywei
2021-07-28
$Tiger Brokers(TIGR)$
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Jaywei
2021-07-20
$SoFi Technologies Inc.(SOFI)$
Like and comment
Jaywei
2021-07-15
Interesting
Cathie Wood Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase
Jaywei
2021-07-07
$Altimeter Growth Corp.(AGC)$
Cry
Jaywei
2021-07-05
BTD @arkk
Jaywei
2021-07-02
Nice
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Jaywei
2021-07-01
Let’s go
The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.
Jaywei
2021-07-01
B nice
Apple: Act Quickly Before The Run To $172
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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1639551825,"share":"https://www.laohu8.com/m/news/1160618167?lang=&edition=full","pubTime":"2021-12-15 15:03","market":"us","language":"en","title":"Cathie Wood Loads Up Another $4.3M In This Chinese Tesla Rival","url":"https://stock-news.laohu8.com/highlight/detail?id=1160618167","media":"Benzinga","summary":"Popular investment management firm Ark Invest,led by Cathie Wood,on Tuesday, bought more shares in t","content":"<p>Popular investment management firm <b>Ark Invest,</b>led by <b>Cathie Wood,</b>on Tuesday, bought more shares in the U.S. listed Chinese electric vehicle maker <b>Xpeng Inc</b>(NYSE:XPEV) on the dip.</p>\n<p>Ark Invest bought 97,697 shares — estimated to be worth $4.34 million — in the Guangzhou, China-based Xpeng.</p>\n<p>Xpeng’s stock closed 1.92% lower at $44.47 a share on Tuesday and has fallen 7.35% in the past five days.</p>\n<p>Xpeng and other Chinese peer shares such as <b>Nio Inc</b>(NYSE:NIO) have been under pressure recently.</p>\n<p>Xpeng bolted ahead of local rivals Nio and <b>Li Auto Inc</b>(NASDAQ:LI) in terms of monthly volume when it reported November deliveries.</p>\n<p>Each of the three players said they delivered more than 10,000 electric vehicles — with Xpeng leading the pack at 15,613 units, Li Auto grabbing the second spot at 13,485 units and Nio dispatching 10,878 units to dealers during the month.</p>\n<p>Xpeng Chairman Brian Gu last month said the company aims to sell half of its electric vehicles outside of China.</p>\n<p>The maker of electric sedans and SUVs already sells electric vehicles in Norway and plans to ramp up investments overseas next year, including in Sweden, Denmark and the Netherlands.</p>\n<p>Ark Invest bought shares in Xpeng via the <b>ArkAutonomous Technology & Robotics ETF</b>.</p>\n<p>ARKQ held 524,034 shares — worth $23.74 million in Xpeng, prior to Tuesday’s trade.</p>\n<p><b>Tesla Inc</b> is the only other all-electric vehicle manufacturer in which Ark Invest has bought large amounts. The firm counts Tesla as its largest holding and owns shares worth billions in the company via its exchange-traded funds.</p>\n<p>The investment firm has been booking profit in Tesla since early September when shares of the company began an upward march.</p>\n<p>Tesla stock has slipped below the $1,000 levels and its market cap is now below $1-trillion as well.</p>\n<p>Here are a few other key Ark trades from Tuesday:</p>\n<ul>\n <li>Bought 11,671 shares — estimated to be worth $3 million — in <b>Coinbase</b> <b>Global Inc</b>. The stock closed 1.79% higher at $255.86 a share on Tuesday.</li>\n <li>Sold 56,925 shares — estimated to be worth $4.4 million — in<b>JD.com Inc</b>. The stock closed 0.51% lower at $77.65 a share.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Loads Up Another $4.3M In This Chinese Tesla Rival</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 Loads Up Another $4.3M In This Chinese Tesla Rival\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-12-15 15:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Popular investment management firm <b>Ark Invest,</b>led by <b>Cathie Wood,</b>on Tuesday, bought more shares in the U.S. listed Chinese electric vehicle maker <b>Xpeng Inc</b>(NYSE:XPEV) on the dip.</p>\n<p>Ark Invest bought 97,697 shares — estimated to be worth $4.34 million — in the Guangzhou, China-based Xpeng.</p>\n<p>Xpeng’s stock closed 1.92% lower at $44.47 a share on Tuesday and has fallen 7.35% in the past five days.</p>\n<p>Xpeng and other Chinese peer shares such as <b>Nio Inc</b>(NYSE:NIO) have been under pressure recently.</p>\n<p>Xpeng bolted ahead of local rivals Nio and <b>Li Auto Inc</b>(NASDAQ:LI) in terms of monthly volume when it reported November deliveries.</p>\n<p>Each of the three players said they delivered more than 10,000 electric vehicles — with Xpeng leading the pack at 15,613 units, Li Auto grabbing the second spot at 13,485 units and Nio dispatching 10,878 units to dealers during the month.</p>\n<p>Xpeng Chairman Brian Gu last month said the company aims to sell half of its electric vehicles outside of China.</p>\n<p>The maker of electric sedans and SUVs already sells electric vehicles in Norway and plans to ramp up investments overseas next year, including in Sweden, Denmark and the Netherlands.</p>\n<p>Ark Invest bought shares in Xpeng via the <b>ArkAutonomous Technology & Robotics ETF</b>.</p>\n<p>ARKQ held 524,034 shares — worth $23.74 million in Xpeng, prior to Tuesday’s trade.</p>\n<p><b>Tesla Inc</b> is the only other all-electric vehicle manufacturer in which Ark Invest has bought large amounts. The firm counts Tesla as its largest holding and owns shares worth billions in the company via its exchange-traded funds.</p>\n<p>The investment firm has been booking profit in Tesla since early September when shares of the company began an upward march.</p>\n<p>Tesla stock has slipped below the $1,000 levels and its market cap is now below $1-trillion as well.</p>\n<p>Here are a few other key Ark trades from Tuesday:</p>\n<ul>\n <li>Bought 11,671 shares — estimated to be worth $3 million — in <b>Coinbase</b> <b>Global Inc</b>. The stock closed 1.79% higher at $255.86 a share on Tuesday.</li>\n <li>Sold 56,925 shares — estimated to be worth $4.4 million — in<b>JD.com Inc</b>. The stock closed 0.51% lower at $77.65 a share.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JD":"京东","XPEV":"小鹏汽车","ARKQ":"ARK Autonomous Technology & Robotics ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160618167","content_text":"Popular investment management firm Ark Invest,led by Cathie Wood,on Tuesday, bought more shares in the U.S. listed Chinese electric vehicle maker Xpeng Inc(NYSE:XPEV) on the dip.\nArk Invest bought 97,697 shares — estimated to be worth $4.34 million — in the Guangzhou, China-based Xpeng.\nXpeng’s stock closed 1.92% lower at $44.47 a share on Tuesday and has fallen 7.35% in the past five days.\nXpeng and other Chinese peer shares such as Nio Inc(NYSE:NIO) have been under pressure recently.\nXpeng bolted ahead of local rivals Nio and Li Auto Inc(NASDAQ:LI) in terms of monthly volume when it reported November deliveries.\nEach of the three players said they delivered more than 10,000 electric vehicles — with Xpeng leading the pack at 15,613 units, Li Auto grabbing the second spot at 13,485 units and Nio dispatching 10,878 units to dealers during the month.\nXpeng Chairman Brian Gu last month said the company aims to sell half of its electric vehicles outside of China.\nThe maker of electric sedans and SUVs already sells electric vehicles in Norway and plans to ramp up investments overseas next year, including in Sweden, Denmark and the Netherlands.\nArk Invest bought shares in Xpeng via the ArkAutonomous Technology & Robotics ETF.\nARKQ held 524,034 shares — worth $23.74 million in Xpeng, prior to Tuesday’s trade.\nTesla Inc is the only other all-electric vehicle manufacturer in which Ark Invest has bought large amounts. The firm counts Tesla as its largest holding and owns shares worth billions in the company via its exchange-traded funds.\nThe investment firm has been booking profit in Tesla since early September when shares of the company began an upward march.\nTesla stock has slipped below the $1,000 levels and its market cap is now below $1-trillion as well.\nHere are a few other key Ark trades from Tuesday:\n\nBought 11,671 shares — estimated to be worth $3 million — in Coinbase Global Inc. The stock closed 1.79% higher at $255.86 a share on Tuesday.\nSold 56,925 shares — estimated to be worth $4.4 million — inJD.com Inc. The stock closed 0.51% lower at $77.65 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":606,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":849896833,"gmtCreate":1635740176594,"gmtModify":1635740176678,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/849896833","repostId":"1150912013","repostType":2,"repost":{"id":"1150912013","pubTimestamp":1635724788,"share":"https://www.laohu8.com/m/news/1150912013?lang=&edition=full","pubTime":"2021-11-01 07:59","market":"us","language":"en","title":"What's the best month for stocks? Hint: the next four weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=1150912013","media":"finance.yahoo","summary":"The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.The start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at all-time highs following a turbulent September.Historically, November has been the best month of the year for the stock market—both since 1950 and over the past decade, according to LPL Financial.“November is t","content":"<p>The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.</p>\n<p>The start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at all-time highs following a turbulent September.</p>\n<p>Historically, November has been the best month of the year for the stock market—both since 1950 and over the past decade, according to LPL Financial.</p>\n<p>That’s not all. History shows the stock market’s strongest six-month period is November to April, according to the Stock Trader’s Almanac. November is also the first month of the market’s best three-month stretch, November to January.</p>\n<p>Why is November the best?</p>\n<p>This seasonal strength is created by a combination of factors. For one thing, the final three months of the year are typically the best for stocks, with stocks rising 3.8% on average, according to LPL Financial.</p>\n<p>Strong spending by shoppers during the holidays also tends to translate into strong quarters for consumer-focused businesses. Some analysts also attribute it to optimism during the holiday season, year-end portfolio adjustments and investors being on vacation.</p>\n<p>“November is the best month of the year, but it doesn’t seem to get nearly as much love as you’d think,” Ryan Detrick, chief market strategist at LPL Financial, said in a note to clients. “We all assume December is the best month, but November is actually better and gets very little fanfare. Maybe it should be a month for the bulls, not for turkeys.”</p>\n<p>Wall Street avoids spooky October</p>\n<p>While October is often considered a spooky month for investors, earning a bad reputation following the crashes of 1929, 1987 and during the global financial crisis in 2008, investors weren’t so fearful this year.</p>\n<p>After the S&P 500 recorded its biggest monthly loss since the start of the coronavirus pandemic in September, the broad index rebounded more than 6% in October on further signs that corporate profits are growing once again following last year's recession.</p>\n<p>“It looks as though the market has resisted ‘Octoberphobia’ and averted the feared crashes or massacres that have given the month its bad reputation,” Jeff Hirsch, editor of the Stock Trader's Almanac, said in a note to clients.</p>\n<p>To be sure, November has taken hits during bear markets, when major averages drop more than 20% from a recent peak.</p>\n<p>For instance, November 2000 was the Nasdaq Composite’s second-worst month on record, with the technology-focused index plunging nearly 23%, according to the Stock Trader’s Almanac. Only October 1987 was worse, and that is when the \"Black Monday\" stock market crash occurred</p>\n<p>Why investors should be optimistic</p>\n<p>The U.S. economy slowed substantially from July through September following a series of obstacles, including a surge in COVID-19 cases, supply chain bottlenecks, rising consumer prices and the fading effects of federal stimulus measures.</p>\n<p>But with COVID-19 cases now falling and vaccinations rising, most economists are branding the weak showing a soft patch in a still-robust recovery from the pandemic-induced recession, with a healthy rebound projected in the final months of the year.</p>\n<p>There are signs that there could be more gains to come on Wall Street in the final months of the year on strong seasonality trends, better-than-expected corporate earnings and falling COVID-19 cases. Market breadth has also improved, meaning that more stocks are participating in the rally, a sign of a healthy and strong market.</p>\n<p>Jobless claims have also fallen steadily in recent weeks, with continuing claims sliding below 2.5 million recently for the first time since the coronavirus pandemic began.</p>\n<p>After suffering its first 5% pullback of 2021 in early October, the S&P 500 has come roaring back and closed at a record high on October 21. The S&P 500 Index has gained more than 20% so far this year, making more than 50 record highs along the way.</p>\n<p>That could be a positive sign for investors in the coming months. The past seven times the S&P 500 had risen 15% for the year heading into the fourth quarter, that final quarter ended up higher each time, rising 5.8%, data from LPL Financial showed.</p>\n<p>“We firmly believe that new highs are something to be embraced, not feared, and history shows that new highs tend to come in bunches—something that has certainly been true so far this year,” according to Detrick.</p>","source":"lsy1612507957220","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>What's the best month for stocks? Hint: the next four weeks</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\">\nWhat's the best month for stocks? Hint: the next four weeks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-01 07:59 GMT+8 <a href=https://finance.yahoo.com/news/whats-best-month-stocks-hint-110106336.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.\nThe start of the holiday season is typically a strong time of year on Wall Street, a pattern ...</p>\n\n<a href=\"https://finance.yahoo.com/news/whats-best-month-stocks-hint-110106336.html\">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",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/whats-best-month-stocks-hint-110106336.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150912013","content_text":"The stock market’s record run is poised to gain steam in the weeks ahead — if history is any indication.\nThe start of the holiday season is typically a strong time of year on Wall Street, a pattern that analysts point to as a reason to remain optimistic that the stock market will remain at all-time highs following a turbulent September.\nHistorically, November has been the best month of the year for the stock market—both since 1950 and over the past decade, according to LPL Financial.\nThat’s not all. History shows the stock market’s strongest six-month period is November to April, according to the Stock Trader’s Almanac. November is also the first month of the market’s best three-month stretch, November to January.\nWhy is November the best?\nThis seasonal strength is created by a combination of factors. For one thing, the final three months of the year are typically the best for stocks, with stocks rising 3.8% on average, according to LPL Financial.\nStrong spending by shoppers during the holidays also tends to translate into strong quarters for consumer-focused businesses. Some analysts also attribute it to optimism during the holiday season, year-end portfolio adjustments and investors being on vacation.\n“November is the best month of the year, but it doesn’t seem to get nearly as much love as you’d think,” Ryan Detrick, chief market strategist at LPL Financial, said in a note to clients. “We all assume December is the best month, but November is actually better and gets very little fanfare. Maybe it should be a month for the bulls, not for turkeys.”\nWall Street avoids spooky October\nWhile October is often considered a spooky month for investors, earning a bad reputation following the crashes of 1929, 1987 and during the global financial crisis in 2008, investors weren’t so fearful this year.\nAfter the S&P 500 recorded its biggest monthly loss since the start of the coronavirus pandemic in September, the broad index rebounded more than 6% in October on further signs that corporate profits are growing once again following last year's recession.\n“It looks as though the market has resisted ‘Octoberphobia’ and averted the feared crashes or massacres that have given the month its bad reputation,” Jeff Hirsch, editor of the Stock Trader's Almanac, said in a note to clients.\nTo be sure, November has taken hits during bear markets, when major averages drop more than 20% from a recent peak.\nFor instance, November 2000 was the Nasdaq Composite’s second-worst month on record, with the technology-focused index plunging nearly 23%, according to the Stock Trader’s Almanac. Only October 1987 was worse, and that is when the \"Black Monday\" stock market crash occurred\nWhy investors should be optimistic\nThe U.S. economy slowed substantially from July through September following a series of obstacles, including a surge in COVID-19 cases, supply chain bottlenecks, rising consumer prices and the fading effects of federal stimulus measures.\nBut with COVID-19 cases now falling and vaccinations rising, most economists are branding the weak showing a soft patch in a still-robust recovery from the pandemic-induced recession, with a healthy rebound projected in the final months of the year.\nThere are signs that there could be more gains to come on Wall Street in the final months of the year on strong seasonality trends, better-than-expected corporate earnings and falling COVID-19 cases. Market breadth has also improved, meaning that more stocks are participating in the rally, a sign of a healthy and strong market.\nJobless claims have also fallen steadily in recent weeks, with continuing claims sliding below 2.5 million recently for the first time since the coronavirus pandemic began.\nAfter suffering its first 5% pullback of 2021 in early October, the S&P 500 has come roaring back and closed at a record high on October 21. The S&P 500 Index has gained more than 20% so far this year, making more than 50 record highs along the way.\nThat could be a positive sign for investors in the coming months. The past seven times the S&P 500 had risen 15% for the year heading into the fourth quarter, that final quarter ended up higher each time, rising 5.8%, data from LPL Financial showed.\n“We firmly believe that new highs are something to be embraced, not feared, and history shows that new highs tend to come in bunches—something that has certainly been true so far this year,” according to Detrick.","news_type":1},"isVote":1,"tweetType":1,"viewCount":839,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":857882959,"gmtCreate":1635517806223,"gmtModify":1635517806310,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/857882959","repostId":"1170828756","repostType":2,"repost":{"id":"1170828756","pubTimestamp":1635496352,"share":"https://www.laohu8.com/m/news/1170828756?lang=&edition=full","pubTime":"2021-10-29 16:32","market":"us","language":"en","title":"Roblox is a better metaverse play than Facebook - Tao Value","url":"https://stock-news.laohu8.com/highlight/detail?id=1170828756","media":"seekingalpha","summary":"Tao Value revealed in a letter to investors that it has opened a position in Roblox(NYSE:RBLX), sayi","content":"<p>Tao Value revealed in a letter to investors that it has opened a position in Roblox(NYSE:RBLX), saying the gaming company has the ability to become \"a new being for human society.\"</p>\n<p>The fund also blasted Facebook(NASDAQ:FB)and its founder Mark Zuckerberg for putting users and shareholders at risk by engaging in \"blatant negligence\" for ignoring internal data that showed that some of its policies had toxic consequences.</p>\n<p>\"Based on records made public thus far, I believe Facebook proved that it did not put its stakeholders' trust and wellbeing as a priority, thus [is] not a good social platform,\" the firm said in a fund letter released this week.</p>\n<p>Earlier on Thursday, Facebook (FB) announced that the company was rebranding as \"Meta\" to better reflect its commitment to the metaverse. In an appearance at the Facebook Connect conference, Zuckerberg outlined the company's strategy, including moves into office, fitness and games.</p>\n<p>Tao Value pointed to RBLX as a better player in the metaverse space, calling it \"a good social platform\" that \"put stakeholders’ trust and security first.\"</p>\n<p>Tao praised the company's management and stressed its potential to branch out from its current core business of games.</p>\n<p>\"Roblox appears to be a great business undervalued to near term profitable visibility, who also has long term optionality,\" the fund said.</p>\n<p>RBLX came public in March through a direct listing, carrying a reference price of $45. The stock rallied to a high of $103.87 by June but quickly came off those levels.</p>\n<p>Since then, shares have seen choppy trading, generally moving sideways. In Thursday's intraday action, the stock dipped less than a percent to $80.27 at about 2:15 PM ET.</p>\n<p>Meanwhile, FB gained steadily through much of the middle of the year to reach a 52-week high of $384.33 in early September.</p>\n<p>However, shares have taken a haircut lately in the wake of its recent scandals. On Thursday, the stock was up 2% to $318.39 at about 2:15 PM ET.</p>\n<p>Comparing the two stocks that Tao pitted against each other, RBLX and FB have traded leadership over the course of 2021. At this point, the stocks are showing comparable gains year-to-date,with both slightly underperforming the broader market:</p>\n<p><img src=\"https://static.tigerbbs.com/067f39be458186c74c8827f81d097ae8\" tg-width=\"1574\" tg-height=\"537\" width=\"100%\" height=\"auto\"></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>Roblox is a better metaverse play than Facebook - Tao Value</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRoblox is a better metaverse play than Facebook - Tao Value\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 16:32 GMT+8 <a href=https://seekingalpha.com/news/3760261-roblox-is-better-metaverse-play-than-facebook-tao-value><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tao Value revealed in a letter to investors that it has opened a position in Roblox(NYSE:RBLX), saying the gaming company has the ability to become \"a new being for human society.\"\nThe fund also ...</p>\n\n<a href=\"https://seekingalpha.com/news/3760261-roblox-is-better-metaverse-play-than-facebook-tao-value\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RBLX":"Roblox Corporation"},"source_url":"https://seekingalpha.com/news/3760261-roblox-is-better-metaverse-play-than-facebook-tao-value","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1170828756","content_text":"Tao Value revealed in a letter to investors that it has opened a position in Roblox(NYSE:RBLX), saying the gaming company has the ability to become \"a new being for human society.\"\nThe fund also blasted Facebook(NASDAQ:FB)and its founder Mark Zuckerberg for putting users and shareholders at risk by engaging in \"blatant negligence\" for ignoring internal data that showed that some of its policies had toxic consequences.\n\"Based on records made public thus far, I believe Facebook proved that it did not put its stakeholders' trust and wellbeing as a priority, thus [is] not a good social platform,\" the firm said in a fund letter released this week.\nEarlier on Thursday, Facebook (FB) announced that the company was rebranding as \"Meta\" to better reflect its commitment to the metaverse. In an appearance at the Facebook Connect conference, Zuckerberg outlined the company's strategy, including moves into office, fitness and games.\nTao Value pointed to RBLX as a better player in the metaverse space, calling it \"a good social platform\" that \"put stakeholders’ trust and security first.\"\nTao praised the company's management and stressed its potential to branch out from its current core business of games.\n\"Roblox appears to be a great business undervalued to near term profitable visibility, who also has long term optionality,\" the fund said.\nRBLX came public in March through a direct listing, carrying a reference price of $45. The stock rallied to a high of $103.87 by June but quickly came off those levels.\nSince then, shares have seen choppy trading, generally moving sideways. In Thursday's intraday action, the stock dipped less than a percent to $80.27 at about 2:15 PM ET.\nMeanwhile, FB gained steadily through much of the middle of the year to reach a 52-week high of $384.33 in early September.\nHowever, shares have taken a haircut lately in the wake of its recent scandals. On Thursday, the stock was up 2% to $318.39 at about 2:15 PM ET.\nComparing the two stocks that Tao pitted against each other, RBLX and FB have traded leadership over the course of 2021. At this point, the stocks are showing comparable gains year-to-date,with both slightly underperforming the broader market:","news_type":1},"isVote":1,"tweetType":1,"viewCount":707,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820170356,"gmtCreate":1633362017235,"gmtModify":1633362017516,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"🙏🏻","listText":"🙏🏻","text":"🙏🏻","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/820170356","repostId":"1185304471","repostType":4,"repost":{"id":"1185304471","pubTimestamp":1633360698,"share":"https://www.laohu8.com/m/news/1185304471?lang=&edition=full","pubTime":"2021-10-04 23:18","market":"us","language":"en","title":"Fed's Bullard: U.S. businesses having no problems raising prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1185304471","media":"finance.yahoo","summary":"(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time i","content":"<p>(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that inflation could remain elevated for some time to come amid fears higher expectations become entrenched.</p>\n<p>Bullard's business contacts in his Fed district and around the country \"typically say 'don't worry my company's going to be profitable because I am going to raise prices and we've had no difficulty raising prices in this environment,'\" Bullard said during an event held by the International Economic Forum of the Americas.</p>\n<p>Bullard is among the strongest advocates at the U.S. central bank for aggressive moves to combat higher-than-expected inflation and he sees two interest rate hikes needed in 2022. Interest rates remain near zero currently, where they have been since the onset of the COVID-19 pandemic in early 2020.</p>\n<p>\"I am concerned about the changing mentality, I would say, around prices in the economy and the relative freedom that businesses feel that they can just pass on increased costs easily to their customers. For years, that's not been the case,\" Bullard added.</p>","source":"lsy1612507957220","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>Fed's Bullard: U.S. businesses having no problems raising prices</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\">\nFed's Bullard: U.S. businesses having no problems raising prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-04 23:18 GMT+8 <a href=https://finance.yahoo.com/news/feds-bullard-u-businesses-having-151026032.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that ...</p>\n\n<a href=\"https://finance.yahoo.com/news/feds-bullard-u-businesses-having-151026032.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/feds-bullard-u-businesses-having-151026032.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185304471","content_text":"(Reuters) - U.S. businesses are having few problems raising prices on customers for the first time in years, St. Louis Federal Reserve Bank President James Bullard said on Monday, as he warned that inflation could remain elevated for some time to come amid fears higher expectations become entrenched.\nBullard's business contacts in his Fed district and around the country \"typically say 'don't worry my company's going to be profitable because I am going to raise prices and we've had no difficulty raising prices in this environment,'\" Bullard said during an event held by the International Economic Forum of the Americas.\nBullard is among the strongest advocates at the U.S. central bank for aggressive moves to combat higher-than-expected inflation and he sees two interest rate hikes needed in 2022. Interest rates remain near zero currently, where they have been since the onset of the COVID-19 pandemic in early 2020.\n\"I am concerned about the changing mentality, I would say, around prices in the economy and the relative freedom that businesses feel that they can just pass on increased costs easily to their customers. For years, that's not been the case,\" Bullard added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1120,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":860971729,"gmtCreate":1632128185661,"gmtModify":1632802667236,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Good luck ","listText":"Good luck ","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860971729","repostId":"1134680528","repostType":4,"repost":{"id":"1134680528","pubTimestamp":1632123900,"share":"https://www.laohu8.com/m/news/1134680528?lang=&edition=full","pubTime":"2021-09-20 15:45","market":"us","language":"en","title":"Snapchat: Initiating Coverage With \"Buy\" - Is SNAP The Next Trillion-Dollar Company?","url":"https://stock-news.laohu8.com/highlight/detail?id=1134680528","media":"Seeking Alpha","summary":"Written by AlphaTech Equities\nSummary\n\nWe initiate coverage of SNAP with A “Buy” rating and price ta","content":"<p>Written by AlphaTech Equities</p>\n<p><b>Summary</b></p>\n<ul>\n <li>We initiate coverage of SNAP with A “Buy” rating and price target of $102, imputing an upside of 42.2% from its current share price.</li>\n <li>We see a long runway for monetization growth for SNAP driven by its recent successful investments in improving ROI for advertisers.</li>\n <li>With 293m users worldwide, representing only a 4.7% penetration of global smartphone users vs 30.7% for Facebook, we see ample headroom for SNAP to grow its user base.</li>\n <li>We see management’s multi-year revenue growth CAGR target of 50% as achievable driven by its recent prescient investments in accelerating ROI for advertisers.</li>\n <li>However, we suggest closely monitoring the risk posed by the latest iOS 14 IDFA update which constrains advertising platforms such as SNAP to track and retarget iOS users, waning ROI for advertisers.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9d23140ca873324c623450139adf2e2a\" tg-width=\"1536\" tg-height=\"1152\" referrerpolicy=\"no-referrer\"><span>NYCstock/iStock Editorial via Getty Images</span></p>\n<p><b>Investment thesis: When the innovation factory gets its growth playbook right - initiating coverage at \"buy\"</b></p>\n<p>We see Snapchat(SNAP)as a leading innovation factory in the social media space, benefitting from best-in-class growth profile, a large and sizeable TAM, strong industry positioning, and prescient co-founders, spearheaded by CEO Evan Spiegel and CTO Bobby Murphy. Even though a challenger to Facebook(NASDAQ:FB), SNAP has a strong track record of successful innovations, showcasing multiple successful product introductions which now mostly have all been encroached upon by rivals such as its disappearing messages, Stories, vertical video format and AR lenses to list just a few.</p>\n<p>Given its strong focus on privacy and limited quantum of personal information, users were willing to share on its platform, investors wereskepticalof SNAP’s monetisation capabilities vs Facebook in the past. However, a range of successful investments to improve ad targeting and ad measurement capabilities in the last two years, coupled with the restructuring of its sales team to focus on becoming sector specialists (away from being regional specialists) has seen SNAP increase advertisers ROI on its platform. This in turn has resulted in accelerating its own eCPM (revenue per impression) by 50% to 100% over the past year and powered revenue growth which has climbed @45.7% CAGR over the past two years to 2020.</p>\n<p>We see increased recent investments mostly to grow its vertical focused sales team and continued innovation, especially that in AR with the aim of increasing engagement of users, ultimately improving ROI for advertisers as both, commendable and disciplined. We see management forecasts of 50% revenue growth over the next three to five-year cycle as achievable given that monetisation (SNAP ARPU @$10 vs $32 for FB) remains relatively in early stages. After SNAP turned adjusted EBITDA positive in Q3 of 2020, we see a clear path to profitability corroborated by the high operating leverage inherent in social media platform businesses.</p>\n<p>However, SNAP does not come without its risks, as we see the recent introduction of iOS 14 software update, limiting advertisers' ability to track, retarget and measure ads displayed to Apple(NASDAQ:AAPL)users as especially disconcerting. Majority of SNAP’s revenue is still generated in the US, which is led by the Apple user base (54.4%market share of smartphones). We believe the next two quarters will be the high noon for SNAP’s long-term growth trajectory as the impact of the iOS 14 update becomes clearer on its earnings.</p>\n<p>Even though valuations are pricey, we believe the premium is warranted, emblematic of strong recent execution and best of breed growth profile. We see EV/REV of 25x 2022E Revenue as fair and see management outdoing its own bullish revenue growth expectation of CAGR @50% over the next three- to five-year cycle. This confers us a fair value of $102, imputing an upside of 42% from its current share price. We initiate coverage on SNAP at “Buy”</p>\n<p><b>Ongoing penetration of smartphone users on the back of the relaunch of its Android version will drive DAU growth for SNAP</b></p>\n<p>After a blip in SNAP's DAU growth in 2018 where the growth stalled due to a technical glitch in its platform, SNAP’s DAUs have increased at an average CAGR of 20% over the past two and half years to reach 293m users in Q2 2021. We see global DAUs increasing at 11.6% CAGR over the next three years driven primarily by:</p>\n<p><b>1. Relaunch of its Android version in Q1 2019:</b>In Q1 2021, management reported that its total number of android users had surpassed that of iOS, speaking volumes of the quality of its relaunch just two years ago. Previously management had confirmed performance issues in its app in 2018 on android phones which have now been completely resolved.</p>\n<p><b>2. Localizing content and language:</b>SNAP continues to invest in expanding its team to support its global community, including investing in region-specific performance improvements of its services, increasing localization of content, improving its creative tools, and offering more language support to its global community outside the United States. A case in point being SNAP’s launch of its first local-market Snap Original in March 2021 with Phone Swap India.</p>\n<p><b>3. Marketing:</b>Furthermore, it’s broadening its sales efforts and supplier partnerships to drive growth in new geographies where management is seeing increasing traction with users.</p>\n<p><b>4. Augmented Reality:</b>Another key accelerant for SNAP is its ongoing investment and progress/popularity of its Augmented Reality products/services. We believe SNAP has become the leading AR social media platform and continues to execute well on unlocking the significant multi-billion-dollar opportunity inherent in the e-commerce industry.</p>\n<p>Despite clocking an impressive growth in DAUs (Daily active users) over the past few years (Figure 1), SNAP’s penetration of the global smartphone user base at 4.7% is relatively in its nascence. SNAP's penetration is significantly lower than larger rivals such as Facebook @30.7% (Figure 2), albeit werecognizethat SNAP’s target age group (16–39-year-olds) is significantly narrower than that of Facebook. In our model, we forecast this to climb to 6.4% by 2026.</p>\n<p>Figure 1: SNAP’s Global DAU (M)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d085771715b83e0b27cc681c7a5a4977\" tg-width=\"442\" tg-height=\"261\" referrerpolicy=\"no-referrer\"><span>Source: SNAP Company Filings</span></p>\n<p>Figure 2: Penetration of SNAP DAUs of global smartphones vs Facebook</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0a57f9f3fce44c19a6fa6a04a130a46b\" tg-width=\"398\" tg-height=\"226\" referrerpolicy=\"no-referrer\"><span>Source: SNAP Company Filings</span></p>\n<p>Note: Q2 CAGR is for half year 2021 only</p>\n<p>In North America, SNAP had 95m users in Q2 2021, growing at 7.1% CAGR from the beginning of 2018. This represents a 32.1% penetration of all smartphone users in North America. Facebook's DAU penetration of North American smartphone users currently stands @66%. We expect DAU's to continue to increase in the mid-single digits for SNAP in North America even after the pandemic as reopening of economies will lead to people going out more and expanding their social graph.</p>\n<p><b>Snapchat has 95m users in North America or 3.3% of total smartphones users</b></p>\n<p><b>Figure 3:</b>North America DAU (M)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c118ad2cdb177cdecacf90188e327ee\" tg-width=\"435\" tg-height=\"250\" referrerpolicy=\"no-referrer\"><span>Source: Snap Inc.</span></p>\n<p><b>Figure 4:</b>Penetration of DAUs in N. America</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/877258d88c261b7ce135656bb46278b4\" tg-width=\"424\" tg-height=\"240\" referrerpolicy=\"no-referrer\"><span>Source: Snap Inc.</span></p>\n<p>Note: Q2 CAGR is for half year 2021 only</p>\n<p>In Europe, SNAP had 78m users in Q2 2021 growing at 11.1% CAGR from the beginning of 2018. According to our analysis, this represents c.12 to 18% penetration of all mobile subscribers in Europe. We expect DAUs to continue to increase in the mid-single digits for SNAP in Europe driven primarily by SNAP dedicating investments to increasingly localize content and add more language support.</p>\n<p><b>Snapchat has 78m users in Europe</b></p>\n<p><b>Figure 5:</b>Europe DAU (M)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0015cb6b39d9fa81d99c88a1c1d96115\" tg-width=\"414\" tg-height=\"253\" referrerpolicy=\"no-referrer\"><span>Source: Snap Inc.Note: Q2 CAGR is for half year 2021 only</span></p>\n<p>In ROTW, SNAP had 120m users in Q2 2021 growing at 45.5% CAGR from the beginning of 2018. We expect DAUs to continue to increase in the mid-single digits for SNAP in the ROTW, driven primarily by investments in localising content and language, adding new marketing partners and increasing uptake of AR lenses added by its global community.</p>\n<p><b>Snapchat has 120m users in ROTW</b></p>\n<p><b>Figure 6:</b>ROTW DAU (M)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4d21d95c3d76addb94be8c8641691653\" tg-width=\"407\" tg-height=\"253\" referrerpolicy=\"no-referrer\"><span>Source: Snap Inc.Note: Q2 CAGR is for half year 2021 only</span></p>\n<p><b>Revenue per user is SNAP’s most significant lever of growth</b></p>\n<p>Despite a 2020 penetration rate of 31.3% of total users in the US, SNAP represented only 3.9% of total US social media advertisement spend. Its penetration of users in the US is especially low when compared to Facebook, (albeit we recognize SNAP's younger audience bias narrows its relative acreage vs its bigger rival). This highlights the long runway of growth for the company, as they begin to improve ROI for advertisers driving higher monetisation.</p>\n<p><b>Figure 7:</b>Facebook vs SNAP DAU's and ARPU</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f2a5b8d9ad68ee1592566eb68de5b499\" tg-width=\"566\" tg-height=\"332\" referrerpolicy=\"no-referrer\"><span>Source: SNAP and Facebook company filings</span></p>\n<p>Revenue per user has been SNAP’s biggest growth driver over the past couple of years driven primarily by…</p>\n<ol>\n <li>Restructuring its sales team to be vertical focused</li>\n <li>Recent investments in increasing ROI have paid rich dividends</li>\n <li>Video advertising</li>\n <li>Replicating successful US playbook in other markets</li>\n <li>AR impact on E-commerce – as management continues to execute well on unlocking the multi-billion-dollar apparel and clothing opportunity.</li>\n</ol>\n<p><b>Verticalizationstrategy has boosted ARPU growth in North America</b></p>\n<p>About two years ago, SNAP made a conscious decision to restructure its sales team to becoming sector specialist rather than continue down the track of being regional specialists. This transition has proven to be extremely successful for the company as ARPU increased by 35% in 2019 followed by 41% in 2020, measurably higher the prior year ARPU growth of 18% in 2018. Over the past 12 to 18 months, SNAP has reported measurable success in verticals such as E-commerce, Consumer Packaged Goods, Tech, Streaming, Online Education and Telco.</p>\n<p>Whilst the impact from Apple's iOS 14 IDFA upgrade on SNAP's growth profile remains indiscernible, we derive some confidence from management's recent strong Q3 guidance and see the risk of the Apple update limiting the ROI for advertisers as manageable. As such, we expect ARPU to grow by 39% in 2022, followed by 34% in 2023 (Figure 8).</p>\n<p><b>Figure 8:</b>SNAP’s NA ARPU growth</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d67a9ca7bd429c6e0c0d488842ba7baa\" tg-width=\"472\" tg-height=\"279\" referrerpolicy=\"no-referrer\"><span>Source: Company Filings & AlphaTech Equities</span></p>\n<p>Prior to implementing the verticalization strategy, a salesperson in the Midwest could serve advertisers from a host of different sectors including, McDonald's, Sprint, Target, T-Mobile, Taco Bell, Gap, Red Bull and Coca-Cola. This lack of focus restricted SNAP to build on advertising expertise required to serve individual verticals and drive higher ROI for clients. After restructuring, all account executives were made in charge of specific sectors rather than regions. An example being that all telecom account executives were made in charge of all advertisers in the telecom space only. This allowed SNAP’s account executives to work more closely with clients in the telecom sector, helping them problem solve and reach advertising goals. To connect these advertisers with audience, SNAP developed a more sophisticated suite of ad products and measurement tools, driving increased ROI for telecom clients.</p>\n<p><b>Ongoing investment in increasing ROI is paying rich dividends for SNAP</b></p>\n<p>By improving its advertising platforms by tweaking its ad measurement and optimization capabilities, SNAP has increased ROI for advertisers, in turn attracting more advertisers to its platform as it saw its active advertiser base doubling YoY in Q1 2021. Half of SNAP’s revenue is derived from direct response campaigns. Revenue from pixel purchases, which allows advertisers to track and retarget customers, was up 3x YoY in Q1 2021. It’s a similar story for SNAP’s Subscription goal-based bidding which also grew 3x YoY in Q1 2021.</p>\n<p>SNAP has always been known to be a laggard when it comes to delivering the same level of targeting capabilities vs Facebook. This has resulted in lower ROI for its advertisers. To counter this SNAP has been investing heavily to increase the sophistication of its ad platform over the past three years and recently claimed that it has reached “feature parity” with the largest advertising platform (Facebook) from the perspective of targeting capabilities driven by goal-based bidding optimizations and ad products.</p>\n<p>With the aim to increase ROI, we see SNAP’s recent investments in ad measurement and optimization as being extremely successful for clients, in turn increasing its own yield, as evidenced by year-on-year increases in eCPM of 67.0% in 1Q2021 and 122.0% in 2Q2021 (Figure 9). Some of the most successful ad products SNAP has released over the past three years, include its Dynamic Ads, down funnel Goal Based Bidding (GBB). This includes pixel purchase and app purchase, Commercials and Shows, Games and Self-Service AR.</p>\n<p><b>Figure 9:</b>eCPM Growth has been impressive since the pandemic</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f4a31e5006be49edcfd3740bab45b51\" tg-width=\"480\" tg-height=\"274\" referrerpolicy=\"no-referrer\"><span>Source: Company Transcripts</span></p>\n<p><b>Figure 10:</b>NA ARPU has seen strong growth</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6ae4ae83adc7111429f8194b34bd2ccf\" tg-width=\"471\" tg-height=\"275\" referrerpolicy=\"no-referrer\"><span>Source: Company Transcripts</span></p>\n<p>Another example of how SNAP has successfully focused on improving return on ad spend for its advertisers is its investment in Dynamic Ads format, enabling retailers to implement e-commerce campaigns on its platform that automatically optimizes across the advertisers' entire catalogue. An example being Adidas Canada which as a part of its “Always on E-commerce Strategy”, ran SNAP’s Dynamic Ads, resulting in a 4.4x incremental ROI.</p>\n<p><b>Video advertising represents a significant opportunity for SNAP to accelerate ARPU growth</b></p>\n<p>SNAP was the pioneer of the vertical video format on social media platforms, known for being richly immersive and engaging has seen bigger rivals such as Facebook encroaching on its territory which has copied the format on its platform. Videos represent a significant opportunity for SNAP and other social media platforms to engage its users and drive meaningful results for its advertising partners. SNAP worked closely with Nielsen to help US advertisers gauge the efficacy of reaching their target audiences via Snap Ads. The study revealed how the Total Ad Ratings (TAR) of over thirty cross-platform advertising campaigns reached people on Snapchat versus TV. The study concluded with Snapchat allowing advertisers to increase the reach of its target audiences by 16%. More importantly >70% of Gen Z audience that was reached by Snapchat could not be tapped by TV-only campaigns. This becomes increasingly imperative given the backdrop of people continuing to cut the cord and increasing consumption of mobile content leading to an increased advertisers demand for SNAP’s video ad products such as Commercials.</p>\n<p><b>Figure 11:</b>Time spent on Traditional vs Digital Media in the US</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d94f887d0668c3b90f62feba5192bc5a\" tg-width=\"274\" tg-height=\"293\" referrerpolicy=\"no-referrer\"><span>Source: eMarketer</span></p>\n<p><b>Figure 12:</b>Average time spent on mobile vs TV in the US</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2f7282acf1a6c682f32a5d2c8caf5a27\" tg-width=\"283\" tg-height=\"293\" referrerpolicy=\"no-referrer\"><span>Source: eMarketer</span></p>\n<p>Another study in partnership with IPG Media Lab revealed that the short form six-second ads convinced more users to consider purchasing the products featured in the commercials compared to 15-second ads.</p>\n<p><b>SNAP to replicate its US playbook in other regions with significant digital marketing budgets</b></p>\n<p>Even though European social media advertisement spend stands at $17.3bn vs $42.2bn in the US (41% of US figure), European ARPU at $5.53 at the end of 2020, represents only 28% of total size of US ARPU@$19.65, highlighting the significant headroom for SNAP to grow in the region. After seeing early success in accelerating revenue by building a robust sector team and increasing localisation, SNAP is now replicating the strategy in regions with markets with meaningful userbase coupled with large digital marketing budgets.</p>\n<p><b>Figure 13: Social media Ad spend in EU vs NA</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/498d0ad9e0658b65a04a78301ba041a3\" tg-width=\"428\" tg-height=\"264\" referrerpolicy=\"no-referrer\"><span>Source: Statista</span></p>\n<p><b>Figure 14: SNAP EU vs NA ARPU</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a484a4e962defffadca653fa6fcf4345\" tg-width=\"453\" tg-height=\"256\" referrerpolicy=\"no-referrer\"><span>Source: Company Filings</span></p>\n<p>In European countries such as UK, Netherlands and France, SNAP already reaches 90% of 13–24-year-olds and 75% of 12-34-year-olds. These developed European countries already see significant digital marketing spend and as such should be the easy low hanging fruits for SNAP to replicate its US playbook in and drive ARPU growth over the next three to five years. Furthermore, in countries that account for over half the world’s digital ad spend, Snapchat already reaches 70% of 13-34-year olds.</p>\n<p><b>SNAP’s AR capabilities allow it to tap into the significant E-commerce opportunity</b></p>\n<p>SNAP sees 200m people engaging with its AR features every day as brands increasingly try to find ways to supplement sales from physical brick and mortars even after the pandemic recedes. A study commissioned by SNAP in partnership with Deloitte saw 94% of people are expecting to use AR for shopping at the same level or more in 2022 versus 2021. SNAP’s leadership in both AR capabilities and user engagement ideally positions it to expand AR to new use cases and behaviours. We see SNAP’s young audience to be early adopters of these new technologies and shopping experiences. One of the key verticals SNAP has customised its solutions for is Apparel and Accessories, which is the largest shopping category for US teenagers (Figure 15).</p>\n<p><b>Figure 15:</b>The apparel, footwear and accessories retail e-commerce revenue in the US ($m)</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/26a4a2c66cfa4357296cfd658cba4678\" tg-width=\"477\" tg-height=\"291\" referrerpolicy=\"no-referrer\"><span>Source: Statista (U.S. online apparel and fashion market size 2022 | Statista) and AlphaTech Equities</span></p>\n<p>Given its AR capabilities, SNAP has solved many technical challenges in the e-commerce space re online shopping. Some areas where SNAP has already made good progress and reported significant success for its retailers include, trying on a pair of shoes, a watch or sunglasses through the use of its AR capabilities. SNAP allows its users to create and manage their 3D models which can easily be converted into Lenses. A good example is Dior's Lens campaign that allowed users to try on six pairs of B27 sneakers through AR. SNAP promoted the lenses within the Snapchat camera and via Snap Ads, with videos showing runway models playing with the Lens and pushing Snapchatters to virtually try on the sneakers by swiping up. This promotion resulted in a 6.2x ROI for Dior.</p>\n<p>Another area of progress rescaling for SNAP has been its beauty AR Lenses which allows users to try on an entire catalogue of beauty skews provided by retailers through its Lens Web Builder. Furthermore, SNAP makes it easier to find new fashion items by enabling users to scan a friend’s outfit or use a saved photo or screenshot and shop for similar items.</p>\n<p>Some of the areas on which SNAP is currently working on perfecting include allowing users to try on clothes and make it look realistic in the way that it drapes over the user's body in the right way. This is much more technically challenging, but we believe if cracked could open up a multi-billion-dollar opportunity for SNAP. Furthermore, SNAP has recently made some longer-term investments with acquisitions such as Fit Analytics and Aerial AI, enabling users to find the correct fit and size for clothes, helping reduce returns and drive margins for retailers. SNAP has also recently released some new features in Lens Studio 4.0 moving towards the goal of achieving a full apparel try-on.</p>\n<p><b>Will Apple’s iOS 14 update on IDFA scuttle SNAP's growth trajectory?</b></p>\n<p>IDFA; an identifier for advertisers is a unique identifier for devices and is used by advertising platforms such as SNAP to target and measure effectiveness of ads by each user through their mobile devices. With the iOS 14 update, Apple announced that it will enable users to block IDFA at the app level. Presaging the iOS 14 update consumers had to actively opt-out of sharing their IDFA but with the software update users are prompted to opt-in or opt-out of sharing their information. Previously, it is believed that 70% of iOS users shared their information but with the latest iOS update only 17% of users have opted in to share their IDFA as of July 2021.</p>\n<p><b>The IDFA update by iOS will see advertising platforms such as SNAP primarily impinged in two key areas:</b></p>\n<p><b>Ad Targeting:</b>If users have actively opted out of sharing their IDFA, platforms such as SNAP will no longer be able to track and retarget them for advertisement purposes. Platforms such as Facebook and Google have other deterministic variables which allow them to track individuals through their mobile devices such as emails and phone numbers. However, what level of these other deterministic variables is available to SNAP remains an unknown.</p>\n<p><b>Ad Measurement:</b>Previously, Mobile Measurement Partners (MMPs are companies which help apps measure the performance of campaigns) had constructed their measurement and fraud capabilities using the IDFA as a base. But with the update to iOS 14, Apple has announced the replacement API called the SKAdNetwork which will allow apps such as SNAP to collect ad conversion data at the campaign level. However, the new API is widely believed to reduce the quality of the date received by apps.</p>\n<p>Somewhat unsurprisingly, SNAP in its most recent earnings call reported seeing some early signs of demand disruptions as advertisers test and learn in this post iOS app tracking environment. This is especially true in the direct response e-commerce and gaming verticals. We continue to monitor these changes that will impact SNAP’s advertising partners, as it has been coy so far to conclude 1). how long it will take for these changes to be fully adopted, 2). the magnitude of the potential interruptions to demand, and 3). the eventual impact on its longer-term growth trajectory.</p>\n<p>In what has been seen as a vote of confidence for the social media company, SNAP saw higher opt-in rates by its users versus the industry average which is around 17% on the back of Apple launching its App Tracking Transparency-related changes at the backend of Q2 this year. SNAP believes that the introduction of the tracking changes by Apple came in later than anticipated. Additionally, the pace of updates to iOS 14 by iPhone users was also lagging SNAP’s expectations, allowing advertisers some more space to navigate Apple’s privacy changes. This we believe has pushed the full impact of the Apple privacy introduction into 2H 2021.</p>\n<p>With the aim to comply with Apple’s latest changes, SNAP enabled advertisers to measure their campaigns through its privacy-protecting measurement stack by introducing Advanced Conversions in Ads Manager. Furthermore, SNAP also launched support of SKAdnetwork version 3.0, with the aim of increasing attribution for advertisers who run Apple’s API.</p>\n<p><b>SNAP’s shares, even though expensive is poised for further acceleration</b></p>\n<p>We believe, much like SNAP's disappearing posts and videos, the opportunity for investors to buy the stock at these levels will not last long. SNAP has traded in EV/Rev range of 18x to 28x over the past 12 months or so which we see justified given its superior execution of its new playbook, leading to best of breed revenue growth profile. We see current street estimates as conservative, caveat by our assumption that the impact from the iOS 14 upgrade will do little to hinder its growth profile going forward. We will monitor Q3 2021 earnings closely for evidence on this, but for now, feel comfortable with management's guidance of 50% rev growth over the next three to five-year cycle.</p>\n<p><b>Figure 16: EV/REV ranged from 18-28x over the past year</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fc0c3e5ba6dbe46e068bda2353e7fce\" tg-width=\"640\" tg-height=\"326\" referrerpolicy=\"no-referrer\"><span>Source: Koyfin</span></p>\n<p>We estimate 2022 revenue of $6.3bn which is slightly ahead of current street forecasts at $6.2bn (MarketScreener) driven by higher ARPU and growth in DAU’s forecast. We see a 25x EV/Rev multiple as fair for SNAP, imputing an upside of 42% from its current share price of $72. We initiate coverage on the stock with a rating of “Buy” for SNAP.</p>\n<p><b>Figure 17: We get an upside of 42% for SNAP on a 25x EV/REV multiple on 2022E revenue</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/78152e55ffdef0adcfe646d893339cc1\" tg-width=\"640\" tg-height=\"343\" referrerpolicy=\"no-referrer\"><span>Source: Koyfin, Company reports and AlphaTech Equities</span></p>\n<p><b>Conclusion: We see Snapchat in the elite list of trillion-dollar companies club in the medium to long term</b></p>\n<ul>\n <li>We initiate coverage of SNAP with A “Buy” rating and price target of $102, imputing an upside of 42.2% from its current share price.</li>\n <li>We see a long runway for monetisation growth for SNAP underpinned by its recent successful investments in improving ROI for advertisers.</li>\n <li>With 293m users worldwide, representing only a 4.7% penetration of global smartphone users vs 30.7% for Facebook, we see ample headroom for SNAP to grow its user base.</li>\n <li>We see management’s multi-year revenue growth CAGR target of 50% as achievable driven by growth in DAU and accelerating ARPU.</li>\n <li>However, we closely monitor the risk posed by the latest iOS 14 IDFA which clipped the ability to track and retarget iOS users for advertising platforms such as SNAP.</li>\n <li>Even though valuation remains rich at 25x EV/REV 2022, we see this justified by SNAP’s best of breed growth profile.</li>\n <li>Unless the latest IDFA update from Apple dictates otherwise, we see SNAP continuing to punch strong growth numbers and see current share price as a good entry point for investors who missed the post-pandemic rally. We Initiate coverage on SNAP at \"Buy\".</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Snapchat: Initiating Coverage With \"Buy\" - Is SNAP The Next Trillion-Dollar Company?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSnapchat: Initiating Coverage With \"Buy\" - Is SNAP The Next Trillion-Dollar Company?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-20 15:45 GMT+8 <a href=https://seekingalpha.com/article/4455899-snapchat-initiating-coverage-with-buy-is-snap-the-next-trillion-dollar-company><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Written by AlphaTech Equities\nSummary\n\nWe initiate coverage of SNAP with A “Buy” rating and price target of $102, imputing an upside of 42.2% from its current share price.\nWe see a long runway for ...</p>\n\n<a href=\"https://seekingalpha.com/article/4455899-snapchat-initiating-coverage-with-buy-is-snap-the-next-trillion-dollar-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNAP":"Snap Inc"},"source_url":"https://seekingalpha.com/article/4455899-snapchat-initiating-coverage-with-buy-is-snap-the-next-trillion-dollar-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134680528","content_text":"Written by AlphaTech Equities\nSummary\n\nWe initiate coverage of SNAP with A “Buy” rating and price target of $102, imputing an upside of 42.2% from its current share price.\nWe see a long runway for monetization growth for SNAP driven by its recent successful investments in improving ROI for advertisers.\nWith 293m users worldwide, representing only a 4.7% penetration of global smartphone users vs 30.7% for Facebook, we see ample headroom for SNAP to grow its user base.\nWe see management’s multi-year revenue growth CAGR target of 50% as achievable driven by its recent prescient investments in accelerating ROI for advertisers.\nHowever, we suggest closely monitoring the risk posed by the latest iOS 14 IDFA update which constrains advertising platforms such as SNAP to track and retarget iOS users, waning ROI for advertisers.\n\nNYCstock/iStock Editorial via Getty Images\nInvestment thesis: When the innovation factory gets its growth playbook right - initiating coverage at \"buy\"\nWe see Snapchat(SNAP)as a leading innovation factory in the social media space, benefitting from best-in-class growth profile, a large and sizeable TAM, strong industry positioning, and prescient co-founders, spearheaded by CEO Evan Spiegel and CTO Bobby Murphy. Even though a challenger to Facebook(NASDAQ:FB), SNAP has a strong track record of successful innovations, showcasing multiple successful product introductions which now mostly have all been encroached upon by rivals such as its disappearing messages, Stories, vertical video format and AR lenses to list just a few.\nGiven its strong focus on privacy and limited quantum of personal information, users were willing to share on its platform, investors wereskepticalof SNAP’s monetisation capabilities vs Facebook in the past. However, a range of successful investments to improve ad targeting and ad measurement capabilities in the last two years, coupled with the restructuring of its sales team to focus on becoming sector specialists (away from being regional specialists) has seen SNAP increase advertisers ROI on its platform. This in turn has resulted in accelerating its own eCPM (revenue per impression) by 50% to 100% over the past year and powered revenue growth which has climbed @45.7% CAGR over the past two years to 2020.\nWe see increased recent investments mostly to grow its vertical focused sales team and continued innovation, especially that in AR with the aim of increasing engagement of users, ultimately improving ROI for advertisers as both, commendable and disciplined. We see management forecasts of 50% revenue growth over the next three to five-year cycle as achievable given that monetisation (SNAP ARPU @$10 vs $32 for FB) remains relatively in early stages. After SNAP turned adjusted EBITDA positive in Q3 of 2020, we see a clear path to profitability corroborated by the high operating leverage inherent in social media platform businesses.\nHowever, SNAP does not come without its risks, as we see the recent introduction of iOS 14 software update, limiting advertisers' ability to track, retarget and measure ads displayed to Apple(NASDAQ:AAPL)users as especially disconcerting. Majority of SNAP’s revenue is still generated in the US, which is led by the Apple user base (54.4%market share of smartphones). We believe the next two quarters will be the high noon for SNAP’s long-term growth trajectory as the impact of the iOS 14 update becomes clearer on its earnings.\nEven though valuations are pricey, we believe the premium is warranted, emblematic of strong recent execution and best of breed growth profile. We see EV/REV of 25x 2022E Revenue as fair and see management outdoing its own bullish revenue growth expectation of CAGR @50% over the next three- to five-year cycle. This confers us a fair value of $102, imputing an upside of 42% from its current share price. We initiate coverage on SNAP at “Buy”\nOngoing penetration of smartphone users on the back of the relaunch of its Android version will drive DAU growth for SNAP\nAfter a blip in SNAP's DAU growth in 2018 where the growth stalled due to a technical glitch in its platform, SNAP’s DAUs have increased at an average CAGR of 20% over the past two and half years to reach 293m users in Q2 2021. We see global DAUs increasing at 11.6% CAGR over the next three years driven primarily by:\n1. Relaunch of its Android version in Q1 2019:In Q1 2021, management reported that its total number of android users had surpassed that of iOS, speaking volumes of the quality of its relaunch just two years ago. Previously management had confirmed performance issues in its app in 2018 on android phones which have now been completely resolved.\n2. Localizing content and language:SNAP continues to invest in expanding its team to support its global community, including investing in region-specific performance improvements of its services, increasing localization of content, improving its creative tools, and offering more language support to its global community outside the United States. A case in point being SNAP’s launch of its first local-market Snap Original in March 2021 with Phone Swap India.\n3. Marketing:Furthermore, it’s broadening its sales efforts and supplier partnerships to drive growth in new geographies where management is seeing increasing traction with users.\n4. Augmented Reality:Another key accelerant for SNAP is its ongoing investment and progress/popularity of its Augmented Reality products/services. We believe SNAP has become the leading AR social media platform and continues to execute well on unlocking the significant multi-billion-dollar opportunity inherent in the e-commerce industry.\nDespite clocking an impressive growth in DAUs (Daily active users) over the past few years (Figure 1), SNAP’s penetration of the global smartphone user base at 4.7% is relatively in its nascence. SNAP's penetration is significantly lower than larger rivals such as Facebook @30.7% (Figure 2), albeit werecognizethat SNAP’s target age group (16–39-year-olds) is significantly narrower than that of Facebook. In our model, we forecast this to climb to 6.4% by 2026.\nFigure 1: SNAP’s Global DAU (M)\nSource: SNAP Company Filings\nFigure 2: Penetration of SNAP DAUs of global smartphones vs Facebook\nSource: SNAP Company Filings\nNote: Q2 CAGR is for half year 2021 only\nIn North America, SNAP had 95m users in Q2 2021, growing at 7.1% CAGR from the beginning of 2018. This represents a 32.1% penetration of all smartphone users in North America. Facebook's DAU penetration of North American smartphone users currently stands @66%. We expect DAU's to continue to increase in the mid-single digits for SNAP in North America even after the pandemic as reopening of economies will lead to people going out more and expanding their social graph.\nSnapchat has 95m users in North America or 3.3% of total smartphones users\nFigure 3:North America DAU (M)\nSource: Snap Inc.\nFigure 4:Penetration of DAUs in N. America\nSource: Snap Inc.\nNote: Q2 CAGR is for half year 2021 only\nIn Europe, SNAP had 78m users in Q2 2021 growing at 11.1% CAGR from the beginning of 2018. According to our analysis, this represents c.12 to 18% penetration of all mobile subscribers in Europe. We expect DAUs to continue to increase in the mid-single digits for SNAP in Europe driven primarily by SNAP dedicating investments to increasingly localize content and add more language support.\nSnapchat has 78m users in Europe\nFigure 5:Europe DAU (M)\nSource: Snap Inc.Note: Q2 CAGR is for half year 2021 only\nIn ROTW, SNAP had 120m users in Q2 2021 growing at 45.5% CAGR from the beginning of 2018. We expect DAUs to continue to increase in the mid-single digits for SNAP in the ROTW, driven primarily by investments in localising content and language, adding new marketing partners and increasing uptake of AR lenses added by its global community.\nSnapchat has 120m users in ROTW\nFigure 6:ROTW DAU (M)\nSource: Snap Inc.Note: Q2 CAGR is for half year 2021 only\nRevenue per user is SNAP’s most significant lever of growth\nDespite a 2020 penetration rate of 31.3% of total users in the US, SNAP represented only 3.9% of total US social media advertisement spend. Its penetration of users in the US is especially low when compared to Facebook, (albeit we recognize SNAP's younger audience bias narrows its relative acreage vs its bigger rival). This highlights the long runway of growth for the company, as they begin to improve ROI for advertisers driving higher monetisation.\nFigure 7:Facebook vs SNAP DAU's and ARPU\nSource: SNAP and Facebook company filings\nRevenue per user has been SNAP’s biggest growth driver over the past couple of years driven primarily by…\n\nRestructuring its sales team to be vertical focused\nRecent investments in increasing ROI have paid rich dividends\nVideo advertising\nReplicating successful US playbook in other markets\nAR impact on E-commerce – as management continues to execute well on unlocking the multi-billion-dollar apparel and clothing opportunity.\n\nVerticalizationstrategy has boosted ARPU growth in North America\nAbout two years ago, SNAP made a conscious decision to restructure its sales team to becoming sector specialist rather than continue down the track of being regional specialists. This transition has proven to be extremely successful for the company as ARPU increased by 35% in 2019 followed by 41% in 2020, measurably higher the prior year ARPU growth of 18% in 2018. Over the past 12 to 18 months, SNAP has reported measurable success in verticals such as E-commerce, Consumer Packaged Goods, Tech, Streaming, Online Education and Telco.\nWhilst the impact from Apple's iOS 14 IDFA upgrade on SNAP's growth profile remains indiscernible, we derive some confidence from management's recent strong Q3 guidance and see the risk of the Apple update limiting the ROI for advertisers as manageable. As such, we expect ARPU to grow by 39% in 2022, followed by 34% in 2023 (Figure 8).\nFigure 8:SNAP’s NA ARPU growth\nSource: Company Filings & AlphaTech Equities\nPrior to implementing the verticalization strategy, a salesperson in the Midwest could serve advertisers from a host of different sectors including, McDonald's, Sprint, Target, T-Mobile, Taco Bell, Gap, Red Bull and Coca-Cola. This lack of focus restricted SNAP to build on advertising expertise required to serve individual verticals and drive higher ROI for clients. After restructuring, all account executives were made in charge of specific sectors rather than regions. An example being that all telecom account executives were made in charge of all advertisers in the telecom space only. This allowed SNAP’s account executives to work more closely with clients in the telecom sector, helping them problem solve and reach advertising goals. To connect these advertisers with audience, SNAP developed a more sophisticated suite of ad products and measurement tools, driving increased ROI for telecom clients.\nOngoing investment in increasing ROI is paying rich dividends for SNAP\nBy improving its advertising platforms by tweaking its ad measurement and optimization capabilities, SNAP has increased ROI for advertisers, in turn attracting more advertisers to its platform as it saw its active advertiser base doubling YoY in Q1 2021. Half of SNAP’s revenue is derived from direct response campaigns. Revenue from pixel purchases, which allows advertisers to track and retarget customers, was up 3x YoY in Q1 2021. It’s a similar story for SNAP’s Subscription goal-based bidding which also grew 3x YoY in Q1 2021.\nSNAP has always been known to be a laggard when it comes to delivering the same level of targeting capabilities vs Facebook. This has resulted in lower ROI for its advertisers. To counter this SNAP has been investing heavily to increase the sophistication of its ad platform over the past three years and recently claimed that it has reached “feature parity” with the largest advertising platform (Facebook) from the perspective of targeting capabilities driven by goal-based bidding optimizations and ad products.\nWith the aim to increase ROI, we see SNAP’s recent investments in ad measurement and optimization as being extremely successful for clients, in turn increasing its own yield, as evidenced by year-on-year increases in eCPM of 67.0% in 1Q2021 and 122.0% in 2Q2021 (Figure 9). Some of the most successful ad products SNAP has released over the past three years, include its Dynamic Ads, down funnel Goal Based Bidding (GBB). This includes pixel purchase and app purchase, Commercials and Shows, Games and Self-Service AR.\nFigure 9:eCPM Growth has been impressive since the pandemic\nSource: Company Transcripts\nFigure 10:NA ARPU has seen strong growth\nSource: Company Transcripts\nAnother example of how SNAP has successfully focused on improving return on ad spend for its advertisers is its investment in Dynamic Ads format, enabling retailers to implement e-commerce campaigns on its platform that automatically optimizes across the advertisers' entire catalogue. An example being Adidas Canada which as a part of its “Always on E-commerce Strategy”, ran SNAP’s Dynamic Ads, resulting in a 4.4x incremental ROI.\nVideo advertising represents a significant opportunity for SNAP to accelerate ARPU growth\nSNAP was the pioneer of the vertical video format on social media platforms, known for being richly immersive and engaging has seen bigger rivals such as Facebook encroaching on its territory which has copied the format on its platform. Videos represent a significant opportunity for SNAP and other social media platforms to engage its users and drive meaningful results for its advertising partners. SNAP worked closely with Nielsen to help US advertisers gauge the efficacy of reaching their target audiences via Snap Ads. The study revealed how the Total Ad Ratings (TAR) of over thirty cross-platform advertising campaigns reached people on Snapchat versus TV. The study concluded with Snapchat allowing advertisers to increase the reach of its target audiences by 16%. More importantly >70% of Gen Z audience that was reached by Snapchat could not be tapped by TV-only campaigns. This becomes increasingly imperative given the backdrop of people continuing to cut the cord and increasing consumption of mobile content leading to an increased advertisers demand for SNAP’s video ad products such as Commercials.\nFigure 11:Time spent on Traditional vs Digital Media in the US\nSource: eMarketer\nFigure 12:Average time spent on mobile vs TV in the US\nSource: eMarketer\nAnother study in partnership with IPG Media Lab revealed that the short form six-second ads convinced more users to consider purchasing the products featured in the commercials compared to 15-second ads.\nSNAP to replicate its US playbook in other regions with significant digital marketing budgets\nEven though European social media advertisement spend stands at $17.3bn vs $42.2bn in the US (41% of US figure), European ARPU at $5.53 at the end of 2020, represents only 28% of total size of US ARPU@$19.65, highlighting the significant headroom for SNAP to grow in the region. After seeing early success in accelerating revenue by building a robust sector team and increasing localisation, SNAP is now replicating the strategy in regions with markets with meaningful userbase coupled with large digital marketing budgets.\nFigure 13: Social media Ad spend in EU vs NA\nSource: Statista\nFigure 14: SNAP EU vs NA ARPU\nSource: Company Filings\nIn European countries such as UK, Netherlands and France, SNAP already reaches 90% of 13–24-year-olds and 75% of 12-34-year-olds. These developed European countries already see significant digital marketing spend and as such should be the easy low hanging fruits for SNAP to replicate its US playbook in and drive ARPU growth over the next three to five years. Furthermore, in countries that account for over half the world’s digital ad spend, Snapchat already reaches 70% of 13-34-year olds.\nSNAP’s AR capabilities allow it to tap into the significant E-commerce opportunity\nSNAP sees 200m people engaging with its AR features every day as brands increasingly try to find ways to supplement sales from physical brick and mortars even after the pandemic recedes. A study commissioned by SNAP in partnership with Deloitte saw 94% of people are expecting to use AR for shopping at the same level or more in 2022 versus 2021. SNAP’s leadership in both AR capabilities and user engagement ideally positions it to expand AR to new use cases and behaviours. We see SNAP’s young audience to be early adopters of these new technologies and shopping experiences. One of the key verticals SNAP has customised its solutions for is Apparel and Accessories, which is the largest shopping category for US teenagers (Figure 15).\nFigure 15:The apparel, footwear and accessories retail e-commerce revenue in the US ($m)\nSource: Statista (U.S. online apparel and fashion market size 2022 | Statista) and AlphaTech Equities\nGiven its AR capabilities, SNAP has solved many technical challenges in the e-commerce space re online shopping. Some areas where SNAP has already made good progress and reported significant success for its retailers include, trying on a pair of shoes, a watch or sunglasses through the use of its AR capabilities. SNAP allows its users to create and manage their 3D models which can easily be converted into Lenses. A good example is Dior's Lens campaign that allowed users to try on six pairs of B27 sneakers through AR. SNAP promoted the lenses within the Snapchat camera and via Snap Ads, with videos showing runway models playing with the Lens and pushing Snapchatters to virtually try on the sneakers by swiping up. This promotion resulted in a 6.2x ROI for Dior.\nAnother area of progress rescaling for SNAP has been its beauty AR Lenses which allows users to try on an entire catalogue of beauty skews provided by retailers through its Lens Web Builder. Furthermore, SNAP makes it easier to find new fashion items by enabling users to scan a friend’s outfit or use a saved photo or screenshot and shop for similar items.\nSome of the areas on which SNAP is currently working on perfecting include allowing users to try on clothes and make it look realistic in the way that it drapes over the user's body in the right way. This is much more technically challenging, but we believe if cracked could open up a multi-billion-dollar opportunity for SNAP. Furthermore, SNAP has recently made some longer-term investments with acquisitions such as Fit Analytics and Aerial AI, enabling users to find the correct fit and size for clothes, helping reduce returns and drive margins for retailers. SNAP has also recently released some new features in Lens Studio 4.0 moving towards the goal of achieving a full apparel try-on.\nWill Apple’s iOS 14 update on IDFA scuttle SNAP's growth trajectory?\nIDFA; an identifier for advertisers is a unique identifier for devices and is used by advertising platforms such as SNAP to target and measure effectiveness of ads by each user through their mobile devices. With the iOS 14 update, Apple announced that it will enable users to block IDFA at the app level. Presaging the iOS 14 update consumers had to actively opt-out of sharing their IDFA but with the software update users are prompted to opt-in or opt-out of sharing their information. Previously, it is believed that 70% of iOS users shared their information but with the latest iOS update only 17% of users have opted in to share their IDFA as of July 2021.\nThe IDFA update by iOS will see advertising platforms such as SNAP primarily impinged in two key areas:\nAd Targeting:If users have actively opted out of sharing their IDFA, platforms such as SNAP will no longer be able to track and retarget them for advertisement purposes. Platforms such as Facebook and Google have other deterministic variables which allow them to track individuals through their mobile devices such as emails and phone numbers. However, what level of these other deterministic variables is available to SNAP remains an unknown.\nAd Measurement:Previously, Mobile Measurement Partners (MMPs are companies which help apps measure the performance of campaigns) had constructed their measurement and fraud capabilities using the IDFA as a base. But with the update to iOS 14, Apple has announced the replacement API called the SKAdNetwork which will allow apps such as SNAP to collect ad conversion data at the campaign level. However, the new API is widely believed to reduce the quality of the date received by apps.\nSomewhat unsurprisingly, SNAP in its most recent earnings call reported seeing some early signs of demand disruptions as advertisers test and learn in this post iOS app tracking environment. This is especially true in the direct response e-commerce and gaming verticals. We continue to monitor these changes that will impact SNAP’s advertising partners, as it has been coy so far to conclude 1). how long it will take for these changes to be fully adopted, 2). the magnitude of the potential interruptions to demand, and 3). the eventual impact on its longer-term growth trajectory.\nIn what has been seen as a vote of confidence for the social media company, SNAP saw higher opt-in rates by its users versus the industry average which is around 17% on the back of Apple launching its App Tracking Transparency-related changes at the backend of Q2 this year. SNAP believes that the introduction of the tracking changes by Apple came in later than anticipated. Additionally, the pace of updates to iOS 14 by iPhone users was also lagging SNAP’s expectations, allowing advertisers some more space to navigate Apple’s privacy changes. This we believe has pushed the full impact of the Apple privacy introduction into 2H 2021.\nWith the aim to comply with Apple’s latest changes, SNAP enabled advertisers to measure their campaigns through its privacy-protecting measurement stack by introducing Advanced Conversions in Ads Manager. Furthermore, SNAP also launched support of SKAdnetwork version 3.0, with the aim of increasing attribution for advertisers who run Apple’s API.\nSNAP’s shares, even though expensive is poised for further acceleration\nWe believe, much like SNAP's disappearing posts and videos, the opportunity for investors to buy the stock at these levels will not last long. SNAP has traded in EV/Rev range of 18x to 28x over the past 12 months or so which we see justified given its superior execution of its new playbook, leading to best of breed revenue growth profile. We see current street estimates as conservative, caveat by our assumption that the impact from the iOS 14 upgrade will do little to hinder its growth profile going forward. We will monitor Q3 2021 earnings closely for evidence on this, but for now, feel comfortable with management's guidance of 50% rev growth over the next three to five-year cycle.\nFigure 16: EV/REV ranged from 18-28x over the past year\nSource: Koyfin\nWe estimate 2022 revenue of $6.3bn which is slightly ahead of current street forecasts at $6.2bn (MarketScreener) driven by higher ARPU and growth in DAU’s forecast. We see a 25x EV/Rev multiple as fair for SNAP, imputing an upside of 42% from its current share price of $72. We initiate coverage on the stock with a rating of “Buy” for SNAP.\nFigure 17: We get an upside of 42% for SNAP on a 25x EV/REV multiple on 2022E revenue\nSource: Koyfin, Company reports and AlphaTech Equities\nConclusion: We see Snapchat in the elite list of trillion-dollar companies club in the medium to long term\n\nWe initiate coverage of SNAP with A “Buy” rating and price target of $102, imputing an upside of 42.2% from its current share price.\nWe see a long runway for monetisation growth for SNAP underpinned by its recent successful investments in improving ROI for advertisers.\nWith 293m users worldwide, representing only a 4.7% penetration of global smartphone users vs 30.7% for Facebook, we see ample headroom for SNAP to grow its user base.\nWe see management’s multi-year revenue growth CAGR target of 50% as achievable driven by growth in DAU and accelerating ARPU.\nHowever, we closely monitor the risk posed by the latest iOS 14 IDFA which clipped the ability to track and retarget iOS users for advertising platforms such as SNAP.\nEven though valuation remains rich at 25x EV/REV 2022, we see this justified by SNAP’s best of breed growth profile.\nUnless the latest IDFA update from Apple dictates otherwise, we see SNAP continuing to punch strong growth numbers and see current share price as a good entry point for investors who missed the post-pandemic rally. We Initiate coverage on SNAP at \"Buy\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":860971506,"gmtCreate":1632128166105,"gmtModify":1632802667476,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Some?","listText":"Some?","text":"Some?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/860971506","repostId":"1117610618","repostType":4,"repost":{"id":"1117610618","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":1632126033,"share":"https://www.laohu8.com/m/news/1117610618?lang=&edition=full","pubTime":"2021-09-20 16:20","market":"us","language":"en","title":"Some China concepts stocks fell in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1117610618","media":"Tiger Newspress","summary":"(Sept 20) Some China concepts stocks fell in premarket trading.","content":"<p>(Sept 20) Some China concepts stocks fell in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/dc0bfb5f2f1bc4d2f48c30ba44145250\" tg-width=\"357\" tg-height=\"724\" referrerpolicy=\"no-referrer\"></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 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class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-20 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 20) Some China concepts stocks fell in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/dc0bfb5f2f1bc4d2f48c30ba44145250\" tg-width=\"357\" tg-height=\"724\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1117610618","content_text":"(Sept 20) Some China concepts stocks fell in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883100065,"gmtCreate":1631213938757,"gmtModify":1631887073368,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Dip wru","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Dip wru","text":"$ARK Innovation ETF(ARKK)$Dip wru","images":[{"img":"https://static.tigerbbs.com/f553bfb5ccb94a8cad9c383a2f249197","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883100065","isVote":1,"tweetType":1,"viewCount":495,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":880344704,"gmtCreate":1631022717808,"gmtModify":1631887073417,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s go","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s go","text":"$ARK Innovation ETF(ARKK)$Let’s go","images":[{"img":"https://static.tigerbbs.com/f947c9a88bf00d4a39e7d39eac19cc27","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/880344704","isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":892767495,"gmtCreate":1628690430617,"gmtModify":1631891770739,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Nice comment","listText":"Nice comment","text":"Nice comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/892767495","repostId":"2158474560","repostType":4,"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804324614,"gmtCreate":1627932618638,"gmtModify":1631891770743,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Chicken genius","listText":"Chicken genius","text":"Chicken genius","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804324614","repostId":"2156511670","repostType":4,"repost":{"id":"2156511670","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1627918709,"share":"https://www.laohu8.com/m/news/2156511670?lang=&edition=full","pubTime":"2021-08-02 23:38","market":"us","language":"en","title":"Using Options To Create A 10% Synthetic 'Dividend' On Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2156511670","media":"Investors","summary":"If Tesla stock stays above 450 then I achieve a 10.14% per annum return when the put expires worthless.","content":"<p><b>Tesla</b> stock is holding nicely above a rising 50-day moving average and is trading above 700 in the stock market today. </p>\n<p>One bad thing about Tesla stock is that it doesn't pay a dividend. But, what if we could use options to manufacture our own dividend? </p>\n<p>Let's say I have $45,000 that I want to invest in TSLA stock. I could simply buy some shares and hope the stock rises. </p>\n<p>But, if I want a more conservative play, I could sell a March 18, 2022-expiring put with a strike price of 450 and set aside the $45,000 in case I am assigned on the short put. </p>\n<p>That 450 strike put generates around $2,680 in option premium in just under eight months. So, my $45,000 investment into Tesla is giving me a 10.14% annualized \"dividend.\" What's the catch? Well, much like owning Tesla shares, if the stock keeps dropping, I'm going to lose money in the short-term. </p>\n<p>If Tesla stock is below 450 next March, then I will be forced to buy 100 shares at 450 each. </p>\n<h3>10% Annualized Return If Put Expires Worthless</h3>\n<p>But, if TSLA stays above 450, then I achieve a 10.14% per annum return when the put expires worthless. </p>\n<p>Cash secured puts are a bullish strategy but are considered slightly less bullish than owning Tesla stock because the potential gains are limited to the premium received. </p>\n<p>The 450 strike put currently has a delta of 9, so selling this put gives you an exposure roughly equivalent to owning nine shares of Tesla stock, although this will change as the stock moves up and down. </p>\n<p>One method that can help cut the risk is to turn it into a spread and buy a $250 strike put. This turns the trade into a bull put spread and reduces the capital at risk. </p>\n<p>Tesla stock has a Composite Rating of 89, an EPS Rating of 73 and a Relative Strength Rating of 86. </p>\n<p>Please remember that options are risky, and investors can lose 100% of their investment. </p>\n<p>This article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. </p>\n<p><i>Gavin McMaster has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. Follow him on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> at @OptiontradinIQ</i><i> </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>Using Options To Create A 10% Synthetic 'Dividend' On Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUsing Options To Create A 10% Synthetic 'Dividend' On Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-08-02 23:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Tesla</b> stock is holding nicely above a rising 50-day moving average and is trading above 700 in the stock market today. </p>\n<p>One bad thing about Tesla stock is that it doesn't pay a dividend. But, what if we could use options to manufacture our own dividend? </p>\n<p>Let's say I have $45,000 that I want to invest in TSLA stock. I could simply buy some shares and hope the stock rises. </p>\n<p>But, if I want a more conservative play, I could sell a March 18, 2022-expiring put with a strike price of 450 and set aside the $45,000 in case I am assigned on the short put. </p>\n<p>That 450 strike put generates around $2,680 in option premium in just under eight months. So, my $45,000 investment into Tesla is giving me a 10.14% annualized \"dividend.\" What's the catch? Well, much like owning Tesla shares, if the stock keeps dropping, I'm going to lose money in the short-term. </p>\n<p>If Tesla stock is below 450 next March, then I will be forced to buy 100 shares at 450 each. </p>\n<h3>10% Annualized Return If Put Expires Worthless</h3>\n<p>But, if TSLA stays above 450, then I achieve a 10.14% per annum return when the put expires worthless. </p>\n<p>Cash secured puts are a bullish strategy but are considered slightly less bullish than owning Tesla stock because the potential gains are limited to the premium received. </p>\n<p>The 450 strike put currently has a delta of 9, so selling this put gives you an exposure roughly equivalent to owning nine shares of Tesla stock, although this will change as the stock moves up and down. </p>\n<p>One method that can help cut the risk is to turn it into a spread and buy a $250 strike put. This turns the trade into a bull put spread and reduces the capital at risk. </p>\n<p>Tesla stock has a Composite Rating of 89, an EPS Rating of 73 and a Relative Strength Rating of 86. </p>\n<p>Please remember that options are risky, and investors can lose 100% of their investment. </p>\n<p>This article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. </p>\n<p><i>Gavin McMaster has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. Follow him on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> at @OptiontradinIQ</i><i> </i></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":"2156511670","content_text":"Tesla stock is holding nicely above a rising 50-day moving average and is trading above 700 in the stock market today. \nOne bad thing about Tesla stock is that it doesn't pay a dividend. But, what if we could use options to manufacture our own dividend? \nLet's say I have $45,000 that I want to invest in TSLA stock. I could simply buy some shares and hope the stock rises. \nBut, if I want a more conservative play, I could sell a March 18, 2022-expiring put with a strike price of 450 and set aside the $45,000 in case I am assigned on the short put. \nThat 450 strike put generates around $2,680 in option premium in just under eight months. So, my $45,000 investment into Tesla is giving me a 10.14% annualized \"dividend.\" What's the catch? Well, much like owning Tesla shares, if the stock keeps dropping, I'm going to lose money in the short-term. \nIf Tesla stock is below 450 next March, then I will be forced to buy 100 shares at 450 each. \n10% Annualized Return If Put Expires Worthless\nBut, if TSLA stays above 450, then I achieve a 10.14% per annum return when the put expires worthless. \nCash secured puts are a bullish strategy but are considered slightly less bullish than owning Tesla stock because the potential gains are limited to the premium received. \nThe 450 strike put currently has a delta of 9, so selling this put gives you an exposure roughly equivalent to owning nine shares of Tesla stock, although this will change as the stock moves up and down. \nOne method that can help cut the risk is to turn it into a spread and buy a $250 strike put. This turns the trade into a bull put spread and reduces the capital at risk. \nTesla stock has a Composite Rating of 89, an EPS Rating of 73 and a Relative Strength Rating of 86. \nPlease remember that options are risky, and investors can lose 100% of their investment. \nThis article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. \nGavin McMaster has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. Follow him on Twitter at @OptiontradinIQ","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802164543,"gmtCreate":1627736182182,"gmtModify":1631891770746,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/802164543","repostId":"1154216466","repostType":4,"repost":{"id":"1154216466","pubTimestamp":1627713678,"share":"https://www.laohu8.com/m/news/1154216466?lang=&edition=full","pubTime":"2021-07-31 14:41","market":"us","language":"en","title":"Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First","url":"https://stock-news.laohu8.com/highlight/detail?id=1154216466","media":"Barron's","summary":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson Unive","content":"<p><i>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book is</i>The Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.</p>\n<p>Big Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.</p>\n<p>The DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.</p>\n<p>In October 2016 AT&Tannouncedits plan to buy Time Warner. Donald Trump’s presidential campaign trashed the merger in a statement: “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.” With Trump in office, the DOJ moved to block it.</p>\n<p>In 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.</p>\n<p>The government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed. District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”</p>\n<p>Aside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”</p>\n<p>Owning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.</p>\n<p>And AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.</p>\n<p>AT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video. Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.</p>\n<p>Not only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success. </p>","source":"lsy1610680873436","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>Antitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First</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\">\nAntitrust Activists Want to Go Full Throttle. Here’s a Lesson They Should Consider First\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-31 14:41 GMT+8 <a href=https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest...</p>\n\n<a href=\"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/antitrust-activists-want-to-go-full-throttle-heres-a-lesson-they-should-consider-first-51627509048?mod=hp_COMMENTARY_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154216466","content_text":"About the author: Thomas W. Hazlett is H.H. Macaulay endowed professor of economics at Clemson University, and previously served as chief economist of the Federal Communications Commission. His latest book isThe Political Spectrum: The Tumultuous Liberation of Wireless Technologies, from Herbert Hoover to the Smartphone.\nBig Tech is in the antitrust hot seat. But before the Department of Justice tries to break up companies likeGoogleorApple,it should recall the history, and eventual outcome, of theAT&T-Time Warner merger.\nThe DOJ expended extensive time and resources to stop AT&T’s acquisition of Time Warner, marking the department’s first challenge to a major vertical merger in over 40 years. The government was unsuccessful despite its best efforts, which included an appeal to the D.C. Circuit, and time reveals that its concerns were evidently misplaced all along. The merger did not result in higher prices, program blackouts, or even any appreciable advantage for the companies.\nIn October 2016 AT&Tannouncedits plan to buy Time Warner. Donald Trump’s presidential campaign trashed the merger in a statement: “AT&T … is now trying to buy Time Warner and thus the wildly anti-Trump CNN. Donald Trump would never approve such a deal.” With Trump in office, the DOJ moved to block it.\nIn 2017, the DOJ went to court tocomplainthat the merger would “substantially lessen competition in video” by allowing AT&T to “use Time Warner’s ‘must have’” networks like CNN, TNT, TBS, and HBO to raise fees charged to rival cable TV distributors like Comcast or DISH. AT&T, which had acquired national satellite operator DirecTV, could threaten “blackouts” depriving rival distributors of key programs—their subscribers would then quit and flock to DirecTV (AT&T) so as to keep watching CNN or the NBA Playoffs on TNT. Not only would major TV and cable systems be hurt, but emerging online streaming services would be crushed.\nThe government’s case focused on “vertical leveraging,” where a company uses two complementary products to make it more difficult for rivals to compete in the individual markets. Here, AT&T was combining video content creation with video program distribution; the allegation was that competitors in either segment might be hurt. Yet there are clear efficiencies to be had, as widely found in studies of vertically integrated firms, with joint operations boosting consumer happiness. Buyers at Costco eagerly snap up Costco-supplied Kirkland products—which the retailer stocks in place of those of some independent producers—if they improve price or quality. So facts, not just a story, are needed. District Court Judge Richard J. Leonfoundthat the DOJ case “falls far short of establishing the validity of its… theory.”\nAside from the political overtones of the case, there was good historical reason to doubt the official complaint. A cable TV programmer combined with (or split from) a video distributor several times in recent years. Vertical integration did not cause higher prices, as shown by econometric analysis. Nor did vertical integration lead to “blackouts,” as the DOJ conceded. A three-judge panel of the D.C. Circuit confirmed Judge Leon’s opinion, finding that “the industry had become dynamic in recent years with the emergence, for example, of Netflix and Hulu.”\nOwning DirecTV and Time Warner together turned out to be not much advantage, let alone a monopoly. Despite a huge boost in pandemic demand for video content, rivals soon dined on AT&T-Time Warner’s lunch. When AT&T bought DirecTV in 2015, it paid $67 billion. In February 2021, with DirecTV’s satellite subscriber base collapsing, the spun-off operation wasvaluedat $16.3 billion.\nAnd AT&Tthen unloaded the video assets of Time Warner. A new enterprise—Warner Bros. Discovery—is being spun off and merged with Discovery (Discovery Channel, Animal Planet, TLC, HGTV, the Food Networkand more). The content-only firm voluntarily severs the link the DOJ critiqued as easy monopoly money. With the allegations of anticompetitive bundling, it has been cast off as not worth the trouble.AT&T shareholders receive $43 billion, less than half the $100 billion AT&T expended (in debt and equity) for Time Warner three years ago. The government’s scenario of anti-competitive vertical integration proved a fantasy.\nAT&T’s maneuvers deserve whatever scorn billions in shareholder losses can buy. A cynic might offer that antitrust laws be beefed up to protect against such corporate errors, ignoring that economic penalties—more reliable and harsher than whatever antitrust enforcers might deal—are visibly in place. But little note has been made of the ironic political saga. Policymakers are moving full throttle to enact statutes to beef up antitrust prosecution in tech for exactly what AT&T so spectacularly failed to do in video. Rep. Pramila Jayapal (D-Wash.) and Rep. Lance Gooden (R-Texas) introduced the “Ending Monopoly Platforms Act” that would restrict vertical mergers in online services, for example. At least five other bills for new antitrust rules have been introduced.\nNot only can such policies be expensive legal diversions, they can block the innovations igniting exciting new choices for customers. Netflix has integrated from streaming into movie production, after launching Roku. Hulu was created by News Corp. (Fox) and NBC-Universal (Comcast). Amazon Prime Video, Sling, YouTube TV, Apple TV, Disney Plus, HBO Max and Paramount Plus—each has extended a large media or e-commerce platform. Each evolved from a quest for better products. Treating entrepreneurship as suspect puts the screws to just the disruptions now roiling online entertainment markets. AT&T learned the hard way that owning complementary products is no guarantee of success.","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808049789,"gmtCreate":1627546807541,"gmtModify":1631891770750,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Good good gogoo","listText":"<a href=\"https://laohu8.com/S/PDD\">$Pinduoduo Inc.(PDD)$</a>Good good gogoo","text":"$Pinduoduo Inc.(PDD)$Good good gogoo","images":[{"img":"https://static.tigerbbs.com/3a803fd2def3cf011cfc510499e19dfa","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808049789","isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":803704720,"gmtCreate":1627461441560,"gmtModify":1631891770752,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let’s go 🐅 ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let’s go 🐅 ","text":"$Tiger Brokers(TIGR)$Let’s go 🐅","images":[{"img":"https://static.tigerbbs.com/8cd0f5634979d1942a82bf62be8075a4","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803704720","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":171124267,"gmtCreate":1626720438759,"gmtModify":1631884834037,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>Like and comment","listText":"<a href=\"https://laohu8.com/S/SOFI\">$SoFi Technologies Inc.(SOFI)$</a>Like and comment","text":"$SoFi Technologies Inc.(SOFI)$Like and comment","images":[{"img":"https://static.tigerbbs.com/c18a3433d1956d5af07ad0f3dd8e4d91","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/171124267","isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":144673736,"gmtCreate":1626287477425,"gmtModify":1631891770757,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/144673736","repostId":"1153647839","repostType":2,"repost":{"id":"1153647839","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626244543,"share":"https://www.laohu8.com/m/news/1153647839?lang=&edition=full","pubTime":"2021-07-14 14:35","market":"us","language":"en","title":"Cathie Wood Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase","url":"https://stock-news.laohu8.com/highlight/detail?id=1153647839","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $6","content":"<p>Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $635,850, in chipmaker<b>Nvidia Corp</b>(NASDAQ:NVDA).</p>\n<p>Shares of Nvidia, which have risen 54.4% so far this year, closed 1.28% lower at $810 on Tuesday.</p>\n<p>The New York-based investment firm deployed the <b>ARK Space Exploration & Innovation ETF</b>(BATS:ARKX) to sell the shares of Nvidia. Ark Invest also holds shares of the chipmaker via the <b>Autonomous Technology & Robotics ETF</b>(BATS:ARKQ).</p>\n<p>Together the two ETFs held 62,437 NVDA shares, worth $50.57 million, as of Tuesday’s trades.</p>\n<p>The popular investment firm also shed 16,034 shares, estimated to be worth about $24.3 million, in the Canadian e-commerce company <b>Shopify Inc</b>(NYSE:SHOP).</p>\n<p>Shopify shares closed 1.44% higher at $1,516.47 on Tuesday.</p>\n<p>The investment firm sold the shares of Shopify via the<b>ArkNext Generation Internet ETF</b>(NYSE:ARKW) on Tuesday and also holds the stock via the<b>Ark Innovation ETF</b>(NYSE:ARKK) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p>\n<p>Together, the three ETFs held 1.08 million shares, worth $1.64 billion, in Shopify as of Tuesday’s trades.</p>\n<p>The investment firm snapped up 27,844 shares, estimated to be worth about $6.77 million, in cryptocurrency exchange desk <b>Coinbase Global Inc</b>(NASDAQ:COIN), on the dip.</p>\n<p>Shares of the cryptocurrency exchange closed 1.76% lower to $243.31 on Tuesday.</p>\n<p>Goldman Sachs earlier this week noted that even if the prices of <b>Bitcoin</b>(CRYPTO: BTC) and other cryptocurrencies were to see further dips, Coinbase willcontinue to benefitfrom the volatility.</p>\n<p>Ark Invest deployed ARKW to buy the shares of the company on Tuesday and also holds the stock via ARKK and ARKF.</p>\n<p>Together, the three ETFs held 5.3 million shares, worth $1.29 billion in Coinbase as of Tuesday’s trades.</p>\n<p>Some of the other key Ark Invest sells on Tuesday include <b>JD.COM Inc</b>(NASDAQ:JD) and buys include <b>UiPath Inc</b>(NYSE:PATH).</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>Cathie Wood Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Trims Nvidia, Shopify Stakes And Piles Up Another $7M In Bitcoin Play Coinbase\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-14 14:35</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $635,850, in chipmaker<b>Nvidia Corp</b>(NASDAQ:NVDA).</p>\n<p>Shares of Nvidia, which have risen 54.4% so far this year, closed 1.28% lower at $810 on Tuesday.</p>\n<p>The New York-based investment firm deployed the <b>ARK Space Exploration & Innovation ETF</b>(BATS:ARKX) to sell the shares of Nvidia. Ark Invest also holds shares of the chipmaker via the <b>Autonomous Technology & Robotics ETF</b>(BATS:ARKQ).</p>\n<p>Together the two ETFs held 62,437 NVDA shares, worth $50.57 million, as of Tuesday’s trades.</p>\n<p>The popular investment firm also shed 16,034 shares, estimated to be worth about $24.3 million, in the Canadian e-commerce company <b>Shopify Inc</b>(NYSE:SHOP).</p>\n<p>Shopify shares closed 1.44% higher at $1,516.47 on Tuesday.</p>\n<p>The investment firm sold the shares of Shopify via the<b>ArkNext Generation Internet ETF</b>(NYSE:ARKW) on Tuesday and also holds the stock via the<b>Ark Innovation ETF</b>(NYSE:ARKK) and the<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p>\n<p>Together, the three ETFs held 1.08 million shares, worth $1.64 billion, in Shopify as of Tuesday’s trades.</p>\n<p>The investment firm snapped up 27,844 shares, estimated to be worth about $6.77 million, in cryptocurrency exchange desk <b>Coinbase Global Inc</b>(NASDAQ:COIN), on the dip.</p>\n<p>Shares of the cryptocurrency exchange closed 1.76% lower to $243.31 on Tuesday.</p>\n<p>Goldman Sachs earlier this week noted that even if the prices of <b>Bitcoin</b>(CRYPTO: BTC) and other cryptocurrencies were to see further dips, Coinbase willcontinue to benefitfrom the volatility.</p>\n<p>Ark Invest deployed ARKW to buy the shares of the company on Tuesday and also holds the stock via ARKK and ARKF.</p>\n<p>Together, the three ETFs held 5.3 million shares, worth $1.29 billion in Coinbase as of Tuesday’s trades.</p>\n<p>Some of the other key Ark Invest sells on Tuesday include <b>JD.COM Inc</b>(NASDAQ:JD) and buys include <b>UiPath Inc</b>(NYSE:PATH).</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","COIN":"Coinbase Global, Inc.","SHOP":"Shopify Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153647839","content_text":"Cathie Wood-led Ark Investment Management on Tuesday shed 785 shares, estimated to be worth about $635,850, in chipmakerNvidia Corp(NASDAQ:NVDA).\nShares of Nvidia, which have risen 54.4% so far this year, closed 1.28% lower at $810 on Tuesday.\nThe New York-based investment firm deployed the ARK Space Exploration & Innovation ETF(BATS:ARKX) to sell the shares of Nvidia. Ark Invest also holds shares of the chipmaker via the Autonomous Technology & Robotics ETF(BATS:ARKQ).\nTogether the two ETFs held 62,437 NVDA shares, worth $50.57 million, as of Tuesday’s trades.\nThe popular investment firm also shed 16,034 shares, estimated to be worth about $24.3 million, in the Canadian e-commerce company Shopify Inc(NYSE:SHOP).\nShopify shares closed 1.44% higher at $1,516.47 on Tuesday.\nThe investment firm sold the shares of Shopify via theArkNext Generation Internet ETF(NYSE:ARKW) on Tuesday and also holds the stock via theArk Innovation ETF(NYSE:ARKK) and theArk Fintech Innovation ETF(NYSE:ARKF).\nTogether, the three ETFs held 1.08 million shares, worth $1.64 billion, in Shopify as of Tuesday’s trades.\nThe investment firm snapped up 27,844 shares, estimated to be worth about $6.77 million, in cryptocurrency exchange desk Coinbase Global Inc(NASDAQ:COIN), on the dip.\nShares of the cryptocurrency exchange closed 1.76% lower to $243.31 on Tuesday.\nGoldman Sachs earlier this week noted that even if the prices of Bitcoin(CRYPTO: BTC) and other cryptocurrencies were to see further dips, Coinbase willcontinue to benefitfrom the volatility.\nArk Invest deployed ARKW to buy the shares of the company on Tuesday and also holds the stock via ARKK and ARKF.\nTogether, the three ETFs held 5.3 million shares, worth $1.29 billion in Coinbase as of Tuesday’s trades.\nSome of the other key Ark Invest sells on Tuesday include JD.COM Inc(NASDAQ:JD) and buys include UiPath Inc(NYSE:PATH).","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":140218313,"gmtCreate":1625661047332,"gmtModify":1631886709085,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Cry","listText":"<a href=\"https://laohu8.com/S/AGC\">$Altimeter Growth Corp.(AGC)$</a>Cry","text":"$Altimeter Growth Corp.(AGC)$Cry","images":[{"img":"https://static.tigerbbs.com/a21d1a7a762c8c338149684de691dd42","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/140218313","isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":154312770,"gmtCreate":1625479086590,"gmtModify":1631891770757,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"BTD @arkk","listText":"BTD @arkk","text":"BTD @arkk","images":[{"img":"https://static.tigerbbs.com/d5eb87b08a5bd6abcee37f46d6ba88f4","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154312770","isVote":1,"tweetType":1,"viewCount":180,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":156652157,"gmtCreate":1625220591479,"gmtModify":1631891770758,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/156652157","repostId":"1162611368","repostType":4,"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158182775,"gmtCreate":1625137222697,"gmtModify":1631891770761,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Let’s go","listText":"Let’s go","text":"Let’s go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158182775","repostId":"1106223449","repostType":4,"repost":{"id":"1106223449","pubTimestamp":1625122086,"share":"https://www.laohu8.com/m/news/1106223449?lang=&edition=full","pubTime":"2021-07-01 14:48","market":"us","language":"en","title":"The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.","url":"https://stock-news.laohu8.com/highlight/detail?id=1106223449","media":"Barrons","summary":"Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.\nThe S&P 5","content":"<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d70d0323609e9ce596a9a90e475422d1\" tg-width=\"1260\" tg-height=\"840\"><span>Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.</span></p>\n<p>The S&P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.</p>\n<p>With June coming to an end, the S&P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.</p>\n<p>The market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.</p>\n<p>The combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and cause stocks to tumble. Others worry that U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.</p>\n<p>For those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.</p>\n<p>Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.</p>\n<p>Even the losses, when they occurred, weren’t all that bad. The S&P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.</p>\n<p>The one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&P 500 dropped 20% in one day, still a record loss. While selling linked to so-called portfolio insurance was ultimately blamed for the size and speed of the loss, the second half of 1987 was a period of rising bond yields and high stock-market valuations, just like the first half of 2021.</p>\n<p>Still, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank Cappelleri, chief market technician at Instinet.</p>\n<p>That 6.3% average second-half rise would push the S&P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.</p>\n<p>For now, at least, the path of least resistance is higher.</p>\n<p><img src=\"https://static.tigerbbs.com/3cb229b2e05d59b9c126d464a7d771bb\" tg-width=\"958\" tg-height=\"647\"></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe S&P 500 Notches Its Second-Best First Half Since the Dot-Com Bubble. What Comes Next.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-01 14:48 GMT+8 <a href=https://www.barrons.com/articles/stock-market-futures-crash-gains-51625071996?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.\nThe S&P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-futures-crash-gains-51625071996?mod=hp_LEAD_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/stock-market-futures-crash-gains-51625071996?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106223449","content_text":"Since 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year.\nThe S&P 500 closed its second-best first half since the dot-com bubble. Don’t be surprised if the stock market keeps on rising.\nWith June coming to an end, the S&P 500 finished the first half of 2021 with a gain of 14.4%. Since 1998, only 2019’s 17.4% first-half surge has been larger.\nThe market got a boost from Covid-19 vaccinations, which have helped the U.S. economy reopen, while trillions of dollars of fiscal stimulus have helped shore up demand. The gains continued even as concerns about inflation have increased speculation that the Federal Reserve would be forced to take steps to slow the economy.\nThe combination of big gains and a more hawkish Fed have raised concerns that the market has become too complacent. If inflation continues to run hot for long enough, the central bank could be forced to act more quickly than the market expects—and cause stocks to tumble. Others worry that U.S. economic growth could slow faster than investors anticipate, causing a pullback in the process.\nFor those who take that view, there is no better time to back away from the stock market than the present. History suggests otherwise.\nSince 1979, the S&P 500 has gained 10% or more 14 times during the first half of the year, and the index has gone on to average a 6.3% gain over the second half of the year. What’s more, the index finished the second half of the year higher In 11 of those instances, or 79% of the time.\nEven the losses, when they occurred, weren’t all that bad. The S&P 500 dropped 1.9% in the second half of 1983 and 3.5% during the last six months of 1986.\nThe one exception was the last six months of 1987 when the index fell 19% during the second half of the year. That period included Black Monday, when the S&P 500 dropped 20% in one day, still a record loss. While selling linked to so-called portfolio insurance was ultimately blamed for the size and speed of the loss, the second half of 1987 was a period of rising bond yields and high stock-market valuations, just like the first half of 2021.\nStill, the market has been acting like it wants to go higher, not lower. Pullbacks, a normal event in the midst of bull runs, have been mild in 2021, with the largest drops being less than 4%. “What the [S&P 500] has done throughout 2021 is pick itself up when and where it has needed to, maintaining an uptrend all along,” writes Frank Cappelleri, chief market technician at Instinet.\nThat 6.3% average second-half rise would push the S&P 500’s full-year gain to around 23%. That would represent a “textbook [market] recovery” from a recession, says Fundstrat’s Tom Lee.\nFor now, at least, the path of least resistance is higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":151619497,"gmtCreate":1625080119119,"gmtModify":1631891770767,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"B nice","listText":"B nice","text":"B nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/151619497","repostId":"1110936297","repostType":2,"repost":{"id":"1110936297","pubTimestamp":1625036047,"share":"https://www.laohu8.com/m/news/1110936297?lang=&edition=full","pubTime":"2021-06-30 14:54","market":"us","language":"en","title":"Apple: Act Quickly Before The Run To $172","url":"https://stock-news.laohu8.com/highlight/detail?id=1110936297","media":"seekingalpha","summary":"Apple faces many external threats from regulators in the developed world.But I see these as largely priced in, although they remain a threat longer term.Apple is on the cusp of what should be a pre-earnings run and an imminent breakout of a bullish consolidation pattern.I have made it no secret that I’m a big fan of Apple. In fact, I wrote a very bullish piece about six weeks ago, detailing how I thought Apple was in the process of consolidating before a big breakout. In this article, I want to ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple faces many external threats from regulators in the developed world.</li>\n <li>But I see these as largely priced in, although they remain a threat longer term.</li>\n <li>Apple is on the cusp of what should be a pre-earnings run and an imminent breakout of a bullish consolidation pattern.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/219c4f41554f7e91be4c02cd87e3f8d6\" tg-width=\"1536\" tg-height=\"1024\"><span>fMing Yeung/Getty Images News</span></p>\n<p>I have made it no secret that I’m a big fan of <b>Apple</b>(AAPL). In fact, I wrote a very bullish piece about six weeks ago, detailing how I thought Apple was in the process of consolidating before a big breakout. In this article, I want to update readers on the progress of that, as well as addressing some concerns that could be potentially bearish. But the spoiler alert is that I’m still very much in the camp of Apple setting up a breakout, and I think the company’s typical pre-earnings move is likely the catalyst to see that happen.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/37078c4ff01404a43176bb2e2555834d\" tg-width=\"640\" tg-height=\"615\"><span>Source: StockCharts</span></p>\n<p>To start, I’ve annotated the same ascending triangle formation I noted six weeks ago, because it is still very much in play. The stock is very near the top of the triangle today, so what happens when/if it gets to $136/$137 will determine if the breakout is imminent or if we need at least one more test of the rising trend line that forms the bottom of the triangle. Whether that occurs or not doesn’t change my outlook; only the timing of it.</p>\n<p>Ascending triangles measure upside targets on breakouts equal to the top and bottom of the widest part of the triangle. In this case, the top of the triangle is $137 and the bottom of the triangle, which was set in September of last year, was $102. That means that this triangle pattern has a measured price target – after the breakout – of $35 higher ($137 minus $102), and with the breakout point being $137 or so, that implies we canexpect Apple to hit $172, give or take. Now, that won’t happen immediately, of course, but that’s the kind of opportunity at hand here.</p>\n<p>What do you need to look for on a breakout? First, price action needs to decisively clear the breakout level of $137 and close above it. In addition, you want to see rising volume on the breakout – I’ve annotated declining volume in the triangle period, which is normal behavior – and you want to see rising momentum, we’ve got rising momentum today. So I’d expect a breakout to continue that, but these are the things you want to see on a breakout to ensure it has staying power.</p>\n<p>Finally, you’ll notice that I’ve added blue circles on the chart, and those represent the start of the ~4-week period prior to an earnings release. Apple has been<i>very</i>reliable in the past couple of years in terms of rallying into an earnings report, and I have no reason to think that will change. The gains are fairly large in most cases, with about half of them being in the double-digits, so this is a real catalyst for higher prices.</p>\n<p>The important thing to note is that we are about four weeks from the third quarter report, which typically takes place at the end of July. We are also at the top of the ascending triangle, which means that even a small pre-earnings run will likely result in a breakout, and that’s why I think the breakout is very near.</p>\n<p>To be clear, I’m reiterating my prior thesis that an ascending triangle breakout is coming; I just think we have a very clear catalyst now to make it sooner than later. I see the stock rallying into the earnings report, and if history is a guide, Apple will destroy expectations once again. In short, all is going to plan.</p>\n<p>The risk is that if Apple does break out of the triangle and earnings aren’t very good, the pattern could fail. That would negate my $172 price target, and we’d have to reassess. For now, the odds of that look low, and I’m still full steam ahead on the breakout coming pre-earnings.</p>\n<p><b>Why does Apple rally pre-earnings?</b></p>\n<p>To put it succinctly, Apple rallies pre-earnings because no matter how much analysts raise their targets going into the reports, Apple finds a way to beat them.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6233212bc10ea38f20e75d2ed0ab603e\" tg-width=\"640\" tg-height=\"284\"><span>Source:Seeking Alpha</span></p>\n<p>This is three years’ worth of data showing how Apple beats expectations, and by enormous margins in some cases. Apple is one of the largest and most-followed companies that has ever existed. So if any company should have an analyst community that knows how it will perform each quarter, it would be this one. However, its dominance in hardware and services revenue has proven too much for analysts over time to keep up with.</p>\n<p>Keep in mind a risk here is that if Apple does finally miss expectations, I have to imagine the stock will react extremely poorly. Thus, there is certainly risk in owning Apple through the earnings report, as with any other stock. But the company’s history of smashing expectations – particularly in the past year – means the odds of this are fairly low. Still, something to keep in mind from a risk perspective.</p>\n<p>In terms of a catalyst for rallying into the July report, Apple continues to see analysts scramble to keep up with its rising fortunes.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ebf56ca48e2364fd7314f9140bc3ab5c\" tg-width=\"640\" tg-height=\"286\"><span>Source:Seeking Alpha</span></p>\n<p>The sharp upward revisions that began last summer continue unabated, and Apple’s earnings trajectory remains very much intact. I detailed this in my last piece so I’m simply saying that nothing has changed on this front, and that’s a very good thing.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d2bd9aaadd1cc3a29d7b8e787296ab4b\" tg-width=\"454\" tg-height=\"110\"><span>Source:Seeking Alpha</span></p>\n<p>I think you’ll struggle to find a company with a better earnings revision schedule, as the past three months have seen 36 EPS revisions, and<i>100%</i>of them were upward. That shows just how strong Apple’s earnings trajectory is, as analysts scramble to meet Apple’s outstanding performances. I love stocks with earnings revision charts like Apple’s because the bar is always rising, which means that the stock will follow suit.</p>\n<p><b>Not all is well</b></p>\n<p>Apple, to be fair, does face a huge amount of risks that are outside of its control. Many of them cropped up since my last report on Apple and so I want to balance my bullish position on the stock with some sobering reality to ensure readers are well-equipped to make an informed decision about whether or not Apple is right for their portfolio.</p>\n<p>First, the FTC made the headlines a few weeks ago by appointing Lina Khan, an outspoken and noted big tech critic, who feels certain companies have too much control over the behaviors of consumers. This is a noteworthy development because if the FTC wants to go after big tech, Apple is a very logical early target. I don’t see it impacting iPhone or other hardware sales but services revenue? Absolutely. This is a longer-term threat since antitrust rules take time to create, but Apple shareholders need to take this threat seriously.</p>\n<p>The White Houseis apparently on board with this line of thinking, and the House is actually considering legislation that would undertake to reign in the perceived control of big tech companies, including Apple's tendency to pre-install its own apps on Apple devices. Would that stop consumers from just going to the app store and downloading them? No, but it certainly isn't a<i>positive</i> catalyst.</p>\n<p>Apple is facing a similar threat in Germany and other places in the developed world, so it isn’t just a problem at home. Germany is assessing if Apple has “competition violations” to be addressed. So the issue is the same one being faced in the US, and the only two outcomes are neutral (nothing happens), or negative (antitrust action is taken).</p>\n<p>Apple is also still very much beholden to the never-ending trade war between China and the US, as the two countries constantly jockey for position with the highest stakes the world has ever seen in such a scuffle. Apple’s production process is potentially at risk, depending upon how ugly things get, adding some geopolitical risk to the stock's outlook. This goes both ways, and China employs a lot of people and generates a lot of cash from Apple’s production. So I’m not sure it is as one-sided as it seems, but the geopolitical risk is never a good thing, and Apple’s manufacturing needs set it up for such a risk.</p>\n<p><b>Final thoughts</b></p>\n<p>I’ve enumerated a variety of potential issues Apple is facing, and I’ll be clear and say none of these are good things. The best possible outcome is that nothing changes, and the worst is that all come to fruition and Apple faces manufacturing challenges, as well as antitrust actions. These are real threats, but I also think they're already priced in.</p>\n<p>The threat of antitrust legislation or a trade war with China isn’t new by any stretch of the imagination and is not dissimilar to the threats that other tech giants like Amazon (AMZN), Alphabet (GOOG), or Facebook (FB) face every day. This is par for the course if you’re a dominant tech company, and Apple certainly is. I don’t want to ignore these potential negative catalysts, but I don’t want to overreact, either.</p>\n<p>Keep in mind also that Apple continues to move higher over time despite this bad news, which is what winning stocks do. The fact that it is shrugging off these huge potential negative catalysts reinforces the bullish stance I already had on the stock.</p>\n<p>I detailed my bullishness on the company’s revenue generation, margins, buybacks, valuation, and more in the prior piece, and nothing has changed there. So I don’t want to waste your time going through it again. However, my fundamental stance on Apple hasn’t changed in the past six weeks, and if anything, continued upward revisions in EPS estimates have strengthened the bull case.</p>\n<p>The important thing is that shareholders must be aware of external threats, but also that we are seeing Apple get to the end of its very bullish consolidation pattern at the same time that it typically begins a pre-earnings run higher.</p>\n<p>The bottom line is that I think Apple’s breakout is imminent, and that the pattern measures to $172 or so. This won’t happen overnight, but if you were looking to buy Apple, act quickly.</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>Apple: Act Quickly Before The Run To $172</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Act Quickly Before The Run To $172\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 14:54 GMT+8 <a href=https://seekingalpha.com/article/4437069-apple-act-quickly-before-the-run-to-172><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple faces many external threats from regulators in the developed world.\nBut I see these as largely priced in, although they remain a threat longer term.\nApple is on the cusp of what should ...</p>\n\n<a href=\"https://seekingalpha.com/article/4437069-apple-act-quickly-before-the-run-to-172\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4437069-apple-act-quickly-before-the-run-to-172","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110936297","content_text":"Summary\n\nApple faces many external threats from regulators in the developed world.\nBut I see these as largely priced in, although they remain a threat longer term.\nApple is on the cusp of what should be a pre-earnings run and an imminent breakout of a bullish consolidation pattern.\n\nfMing Yeung/Getty Images News\nI have made it no secret that I’m a big fan of Apple(AAPL). In fact, I wrote a very bullish piece about six weeks ago, detailing how I thought Apple was in the process of consolidating before a big breakout. In this article, I want to update readers on the progress of that, as well as addressing some concerns that could be potentially bearish. But the spoiler alert is that I’m still very much in the camp of Apple setting up a breakout, and I think the company’s typical pre-earnings move is likely the catalyst to see that happen.\nSource: StockCharts\nTo start, I’ve annotated the same ascending triangle formation I noted six weeks ago, because it is still very much in play. The stock is very near the top of the triangle today, so what happens when/if it gets to $136/$137 will determine if the breakout is imminent or if we need at least one more test of the rising trend line that forms the bottom of the triangle. Whether that occurs or not doesn’t change my outlook; only the timing of it.\nAscending triangles measure upside targets on breakouts equal to the top and bottom of the widest part of the triangle. In this case, the top of the triangle is $137 and the bottom of the triangle, which was set in September of last year, was $102. That means that this triangle pattern has a measured price target – after the breakout – of $35 higher ($137 minus $102), and with the breakout point being $137 or so, that implies we canexpect Apple to hit $172, give or take. Now, that won’t happen immediately, of course, but that’s the kind of opportunity at hand here.\nWhat do you need to look for on a breakout? First, price action needs to decisively clear the breakout level of $137 and close above it. In addition, you want to see rising volume on the breakout – I’ve annotated declining volume in the triangle period, which is normal behavior – and you want to see rising momentum, we’ve got rising momentum today. So I’d expect a breakout to continue that, but these are the things you want to see on a breakout to ensure it has staying power.\nFinally, you’ll notice that I’ve added blue circles on the chart, and those represent the start of the ~4-week period prior to an earnings release. Apple has beenveryreliable in the past couple of years in terms of rallying into an earnings report, and I have no reason to think that will change. The gains are fairly large in most cases, with about half of them being in the double-digits, so this is a real catalyst for higher prices.\nThe important thing to note is that we are about four weeks from the third quarter report, which typically takes place at the end of July. We are also at the top of the ascending triangle, which means that even a small pre-earnings run will likely result in a breakout, and that’s why I think the breakout is very near.\nTo be clear, I’m reiterating my prior thesis that an ascending triangle breakout is coming; I just think we have a very clear catalyst now to make it sooner than later. I see the stock rallying into the earnings report, and if history is a guide, Apple will destroy expectations once again. In short, all is going to plan.\nThe risk is that if Apple does break out of the triangle and earnings aren’t very good, the pattern could fail. That would negate my $172 price target, and we’d have to reassess. For now, the odds of that look low, and I’m still full steam ahead on the breakout coming pre-earnings.\nWhy does Apple rally pre-earnings?\nTo put it succinctly, Apple rallies pre-earnings because no matter how much analysts raise their targets going into the reports, Apple finds a way to beat them.\nSource:Seeking Alpha\nThis is three years’ worth of data showing how Apple beats expectations, and by enormous margins in some cases. Apple is one of the largest and most-followed companies that has ever existed. So if any company should have an analyst community that knows how it will perform each quarter, it would be this one. However, its dominance in hardware and services revenue has proven too much for analysts over time to keep up with.\nKeep in mind a risk here is that if Apple does finally miss expectations, I have to imagine the stock will react extremely poorly. Thus, there is certainly risk in owning Apple through the earnings report, as with any other stock. But the company’s history of smashing expectations – particularly in the past year – means the odds of this are fairly low. Still, something to keep in mind from a risk perspective.\nIn terms of a catalyst for rallying into the July report, Apple continues to see analysts scramble to keep up with its rising fortunes.\nSource:Seeking Alpha\nThe sharp upward revisions that began last summer continue unabated, and Apple’s earnings trajectory remains very much intact. I detailed this in my last piece so I’m simply saying that nothing has changed on this front, and that’s a very good thing.\nSource:Seeking Alpha\nI think you’ll struggle to find a company with a better earnings revision schedule, as the past three months have seen 36 EPS revisions, and100%of them were upward. That shows just how strong Apple’s earnings trajectory is, as analysts scramble to meet Apple’s outstanding performances. I love stocks with earnings revision charts like Apple’s because the bar is always rising, which means that the stock will follow suit.\nNot all is well\nApple, to be fair, does face a huge amount of risks that are outside of its control. Many of them cropped up since my last report on Apple and so I want to balance my bullish position on the stock with some sobering reality to ensure readers are well-equipped to make an informed decision about whether or not Apple is right for their portfolio.\nFirst, the FTC made the headlines a few weeks ago by appointing Lina Khan, an outspoken and noted big tech critic, who feels certain companies have too much control over the behaviors of consumers. This is a noteworthy development because if the FTC wants to go after big tech, Apple is a very logical early target. I don’t see it impacting iPhone or other hardware sales but services revenue? Absolutely. This is a longer-term threat since antitrust rules take time to create, but Apple shareholders need to take this threat seriously.\nThe White Houseis apparently on board with this line of thinking, and the House is actually considering legislation that would undertake to reign in the perceived control of big tech companies, including Apple's tendency to pre-install its own apps on Apple devices. Would that stop consumers from just going to the app store and downloading them? No, but it certainly isn't apositive catalyst.\nApple is facing a similar threat in Germany and other places in the developed world, so it isn’t just a problem at home. Germany is assessing if Apple has “competition violations” to be addressed. So the issue is the same one being faced in the US, and the only two outcomes are neutral (nothing happens), or negative (antitrust action is taken).\nApple is also still very much beholden to the never-ending trade war between China and the US, as the two countries constantly jockey for position with the highest stakes the world has ever seen in such a scuffle. Apple’s production process is potentially at risk, depending upon how ugly things get, adding some geopolitical risk to the stock's outlook. This goes both ways, and China employs a lot of people and generates a lot of cash from Apple’s production. So I’m not sure it is as one-sided as it seems, but the geopolitical risk is never a good thing, and Apple’s manufacturing needs set it up for such a risk.\nFinal thoughts\nI’ve enumerated a variety of potential issues Apple is facing, and I’ll be clear and say none of these are good things. The best possible outcome is that nothing changes, and the worst is that all come to fruition and Apple faces manufacturing challenges, as well as antitrust actions. These are real threats, but I also think they're already priced in.\nThe threat of antitrust legislation or a trade war with China isn’t new by any stretch of the imagination and is not dissimilar to the threats that other tech giants like Amazon (AMZN), Alphabet (GOOG), or Facebook (FB) face every day. This is par for the course if you’re a dominant tech company, and Apple certainly is. I don’t want to ignore these potential negative catalysts, but I don’t want to overreact, either.\nKeep in mind also that Apple continues to move higher over time despite this bad news, which is what winning stocks do. The fact that it is shrugging off these huge potential negative catalysts reinforces the bullish stance I already had on the stock.\nI detailed my bullishness on the company’s revenue generation, margins, buybacks, valuation, and more in the prior piece, and nothing has changed there. So I don’t want to waste your time going through it again. However, my fundamental stance on Apple hasn’t changed in the past six weeks, and if anything, continued upward revisions in EPS estimates have strengthened the bull case.\nThe important thing is that shareholders must be aware of external threats, but also that we are seeing Apple get to the end of its very bullish consolidation pattern at the same time that it typically begins a pre-earnings run higher.\nThe bottom line is that I think Apple’s breakout is imminent, and that the pattern measures to $172 or so. This won’t happen overnight, but if you were looking to buy Apple, act quickly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":30,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":351156407,"gmtCreate":1616578073609,"gmtModify":1634525115025,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"GME to the moon 🚀 ","listText":"GME to the moon 🚀 ","text":"GME to the moon 🚀","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/351156407","repostId":"1187858811","repostType":4,"repost":{"id":"1187858811","pubTimestamp":1616577758,"share":"https://www.laohu8.com/m/news/1187858811?lang=&edition=full","pubTime":"2021-03-24 17:22","market":"us","language":"en","title":"GameStop Stock Had a Bad Day. Earnings Just Made It Worse.","url":"https://stock-news.laohu8.com/highlight/detail?id=1187858811","media":"Barrons","summary":"GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announc","content":"<p>GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announced another trio of hires with e-commerce backgrounds. The stock was down in after-hours trading.</p>\n<p>The company reported fiscal fourth-quarter earnings of $1.34 per share, barely missing Wall Street’s consensus estimates of $1.35 a share, according to FactSet. Sales of $2.12 billion were down from $2.19 billion in 2019, and came in short of estimates for $2.21 billion.</p>\n<p>GameStop (ticker: GME) said in a separate announcement that Amazon.com alum Jenna Owens will be its next chief operating officer. Owens was director and general manager for distribution and multi-channel fulfillment at the e-commerce giant. Former Chewy Vice President of E-Commerce Neda Pacifico was also named senior vice president of e-commerce at GameStop. Ken Suzuki, who was vice president of supply chain technology at Zulily, will be GameStop’s vice president of supply chain systems. All three begin on March 29.</p>\n<p>The company’s comparable sales grew 6.5% year-over-year, beating consensus estimates of 4.7% growth, according to FactSet. E-commerce sales, which are factored in to comparable sales, grew 175% year-over-year. E-commerce represented 34% of the company’s net sales, up from 12% in the prior fourth quarter.</p>\n<p>CEO George Sherman said in the earnings release that February comparable store sales were up 23% year-over-year, which included strength in hardware sales.</p>\n<p>“Our emphasis in 2021 will be on improving our E-Commerce and customer experience, increasing our speed of delivery, providing superior customer service and expanding our catalogue,” Sherman added.</p>\n<p>The company ended the fiscal year with $635 million in cash and restricted cash, $146.7 million in short-term debt, and $216 million of long-term debt. The company had reduced short-term debt to $48.5 million, as of March 15.</p>\n<p>GameStop stock was down 14% to $156.89 in after hours trading—but given the stock’s volatility in recent months, its initial reaction could shift dramatically in either direction during Wednesday’s session.</p>\n<p>GameStop’s results were likely hampered by Covid-19, keeping shoppers at home. On the flip side, it’s may have boosted the company’s improving e-commerce offerings. Over the summer, the shift to digital game downloads accelerated, something that GameStop will have to contend with as it beefs up its turnaround efforts.</p>\n<p>While GameStop’s surging valuation has had analysts scratching their heads, the stock’s earlier bulls viewed it as an undervalued pick ahead of the launch of new gaming consoles. The stock fell as low as $2.57 in the past year and was trading below $7 when Chewy co-founder Ryan Cohen first revealed a 9% stake. He upped his stake to about 13% in December, at an average price of $14.80 a share. Michael Burry, of “The Big Short” fame, and Keith Gill, known as RoaringKitty on YouTube, bet on GameStop stock in 2019 for similar reasons.</p>\n<p>Some hedge funds bet aggressively on a price decline by borrowing shares and selling them, waiting for a chance to buy and replace the shares, pocketing the difference. GameStop’s short-selling interest exceeded shares available for trading before the news of Cohen and two associates joining the board helped trigger a squeeze that was juiced by options activity.</p>\n<p>It’s been hard to price GameStop because there’s so much investors don’t know. As BofA Global Research analyst Curtis Nagle noted last week, investors hadn’t seen actual details on cost, timeline, and impacts to earnings of any potential turnaround plan. While a successful turnaround could buck the perception from some on Wall Street that GameStop is an antiquated retailer destined to go the way of Blockbuster Videoor RadioShack, it faces stiff competition from several well-capitalized players in the online gaming and computer device business.</p>\n<p>Those risks, unknowns, and GameStop’s impressive 2020 run, led <i>Barron’s</i> to recommend investors sit this one out in a Jan. 8 story—though we did highlight the high short interest and potential for a squeeze. To be sure, our timing was terrible in hindsight. But the rationale was that a squeeze is a short-term event that likely wouldn’t change the company’s fundamentals. Investors found out in a February filing that Burry’s Scion Asset Management exited its GameStop position before the end of 2020.</p>\n<p>Days after that initial bearish story, GameStop reported holiday sales results that implied a disappointing December despite the hype around new consoles. The company also pulled out of a planned appearance by executives at the ICR investment conference. But the news that Cohen and two associates were joining the board and e-commerce sales were up 309% overshadowed the sales results.</p>\n<p>What followed was GameStop’s parabolic run in January and February, which took on a larger life as the story evolved into a larger debate about short selling and retail investors’ access to capital markets. The stock’s most recent surge followed a few drips on information related to Cohen’s plans,including three promising hires and a new board committee he will chair. The company also announced a hunt for a new chief financial officer.</p>\n<p>The company’s earnings call started at 5 p.m. EDT, and as of publication was at maximum capacity. Some fans of the stock were streaming the earnings call on the Amazon-backed live-streaming platform Twitch. The company said the call would not include a question and answer section with analysts, as is typical for such events.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Stock Had a Bad Day. Earnings Just Made It Worse.</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\">\nGameStop Stock Had a Bad Day. Earnings Just Made It Worse.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-24 17:22 GMT+8 <a href=https://www.barrons.com/articles/gamestop-earnings-came-in-just-short-of-expectations-the-stock-is-down-51616533875?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announced another trio of hires with e-commerce backgrounds. The stock was down in after-hours trading.\nThe...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-earnings-came-in-just-short-of-expectations-the-stock-is-down-51616533875?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.barrons.com/articles/gamestop-earnings-came-in-just-short-of-expectations-the-stock-is-down-51616533875?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187858811","content_text":"GameStop‘s fiscal fourth-quarter results came in just short of expectations, but the company announced another trio of hires with e-commerce backgrounds. The stock was down in after-hours trading.\nThe company reported fiscal fourth-quarter earnings of $1.34 per share, barely missing Wall Street’s consensus estimates of $1.35 a share, according to FactSet. Sales of $2.12 billion were down from $2.19 billion in 2019, and came in short of estimates for $2.21 billion.\nGameStop (ticker: GME) said in a separate announcement that Amazon.com alum Jenna Owens will be its next chief operating officer. Owens was director and general manager for distribution and multi-channel fulfillment at the e-commerce giant. Former Chewy Vice President of E-Commerce Neda Pacifico was also named senior vice president of e-commerce at GameStop. Ken Suzuki, who was vice president of supply chain technology at Zulily, will be GameStop’s vice president of supply chain systems. All three begin on March 29.\nThe company’s comparable sales grew 6.5% year-over-year, beating consensus estimates of 4.7% growth, according to FactSet. E-commerce sales, which are factored in to comparable sales, grew 175% year-over-year. E-commerce represented 34% of the company’s net sales, up from 12% in the prior fourth quarter.\nCEO George Sherman said in the earnings release that February comparable store sales were up 23% year-over-year, which included strength in hardware sales.\n“Our emphasis in 2021 will be on improving our E-Commerce and customer experience, increasing our speed of delivery, providing superior customer service and expanding our catalogue,” Sherman added.\nThe company ended the fiscal year with $635 million in cash and restricted cash, $146.7 million in short-term debt, and $216 million of long-term debt. The company had reduced short-term debt to $48.5 million, as of March 15.\nGameStop stock was down 14% to $156.89 in after hours trading—but given the stock’s volatility in recent months, its initial reaction could shift dramatically in either direction during Wednesday’s session.\nGameStop’s results were likely hampered by Covid-19, keeping shoppers at home. On the flip side, it’s may have boosted the company’s improving e-commerce offerings. Over the summer, the shift to digital game downloads accelerated, something that GameStop will have to contend with as it beefs up its turnaround efforts.\nWhile GameStop’s surging valuation has had analysts scratching their heads, the stock’s earlier bulls viewed it as an undervalued pick ahead of the launch of new gaming consoles. The stock fell as low as $2.57 in the past year and was trading below $7 when Chewy co-founder Ryan Cohen first revealed a 9% stake. He upped his stake to about 13% in December, at an average price of $14.80 a share. Michael Burry, of “The Big Short” fame, and Keith Gill, known as RoaringKitty on YouTube, bet on GameStop stock in 2019 for similar reasons.\nSome hedge funds bet aggressively on a price decline by borrowing shares and selling them, waiting for a chance to buy and replace the shares, pocketing the difference. GameStop’s short-selling interest exceeded shares available for trading before the news of Cohen and two associates joining the board helped trigger a squeeze that was juiced by options activity.\nIt’s been hard to price GameStop because there’s so much investors don’t know. As BofA Global Research analyst Curtis Nagle noted last week, investors hadn’t seen actual details on cost, timeline, and impacts to earnings of any potential turnaround plan. While a successful turnaround could buck the perception from some on Wall Street that GameStop is an antiquated retailer destined to go the way of Blockbuster Videoor RadioShack, it faces stiff competition from several well-capitalized players in the online gaming and computer device business.\nThose risks, unknowns, and GameStop’s impressive 2020 run, led Barron’s to recommend investors sit this one out in a Jan. 8 story—though we did highlight the high short interest and potential for a squeeze. To be sure, our timing was terrible in hindsight. But the rationale was that a squeeze is a short-term event that likely wouldn’t change the company’s fundamentals. Investors found out in a February filing that Burry’s Scion Asset Management exited its GameStop position before the end of 2020.\nDays after that initial bearish story, GameStop reported holiday sales results that implied a disappointing December despite the hype around new consoles. The company also pulled out of a planned appearance by executives at the ICR investment conference. But the news that Cohen and two associates were joining the board and e-commerce sales were up 309% overshadowed the sales results.\nWhat followed was GameStop’s parabolic run in January and February, which took on a larger life as the story evolved into a larger debate about short selling and retail investors’ access to capital markets. The stock’s most recent surge followed a few drips on information related to Cohen’s plans,including three promising hires and a new board committee he will chair. The company also announced a hunt for a new chief financial officer.\nThe company’s earnings call started at 5 p.m. EDT, and as of publication was at maximum capacity. Some fans of the stock were streaming the earnings call on the Amazon-backed live-streaming platform Twitch. The company said the call would not include a question and answer section with analysts, as is typical for such events.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359271212,"gmtCreate":1616407782736,"gmtModify":1634526010495,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"First comment please like and comment ^^","listText":"First comment please like and comment ^^","text":"First comment please like and comment ^^","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/359271212","repostId":"1192531017","repostType":4,"repost":{"id":"1192531017","pubTimestamp":1616407672,"share":"https://www.laohu8.com/m/news/1192531017?lang=&edition=full","pubTime":"2021-03-22 18:07","market":"us","language":"en","title":"Infused Beverages Pour on the Potential Gains for Aphria Stock Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=1192531017","media":"InvestorPlace","summary":"APHA stock has come a long way over the past year. Take some profits if you must, but hold for the l","content":"<p>APHA stock has come a long way over the past year. Take some profits if you must, but hold for the long haul</p>\n<p><b>Aphria</b>(NASDAQ:<b><u>APHA</u></b>) and <b>Tilray</b>(NASDAQ:<b><u>TLRY</u></b>) shareholders are scheduled to vote on their tentative merger on April 16, 2021. It’s hard to imagine shareholders on either side rejecting the consolidation play. It’s the right move for APHA stock.</p>\n<p>In the meantime, I continue to be obsessed with cannabis-infused drinks and edibles. And I’ve said this many times in the past; they are the real prize in the global legalization of recreational-use cannabis.</p>\n<p>Apparently, Aphria CEO Irwin Simon agrees, which is great news if you are a buy-and-hold cannabis investor.</p>\n<p><b>Irwin’s Take on Cannabis-Infused Drinks</b></p>\n<p>Aphria completed its $300 million acquisition of Atlanta-based craft brewer <b>Sweetwater Brewing</b> at the end of November. According to the Brewers Association, Sweetwater is the 14th-largest craft brewer in the U.S. by volume.</p>\n<p>Sweetwater shareholders got $250 million in cash and $50 million in Aphria stock. Based on a Nov. 30 closing price of $8.38, Sweetwater shareholders sit on approximately $74 million in unrealized gains in less than four months. On an annualized basis, that’s a 444% return [$74 million divided by $50 million divided by 4 months multiplied by 12 months].</p>\n<p>Sweetwater management should have asked for more of the deal in stock. Seriously, though, Simon’s got some big plans for the craft beer company. I’d continue to hold the stock for the long haul.</p>\n<p>Simon spoke to <i>THCNet</i> in November when APHA announced the deal. He said at the time that he believes cannabis-infused drinks will take the U.S. by storm once the feds have legalized recreational use.</p>\n<p>“I am betting that it will be as big as White Claw and Truly,” Simon told<i>THCNet.</i></p>\n<p>That’s pretty darn big.</p>\n<p><b>Proving Naysayers Wrong</b></p>\n<p>In the past 52 weeks, White Claw and Truly, the best-selling and second-best-selling hard seltzers, had $3.2 billion in combined sales. If Aphria/Tilray can get just a tenth of that — Aphria/Tilray combined will have 874 million CAD ($703 million) in sales — that would boost its overall sales by almost 50%.</p>\n<p>The<i>THCNet</i> article, playing Devil’s advocate, points out that cannabis-infused drinks haven’t made much penetration in mature markets like Colorado and Oregon. While that might be true, the reality is that until the big beverage distributors can freely move product in most or all of the 50 states, it’s not going to grow as fast as dried flower or even edibles.</p>\n<p>However, as Simon points out, a cannabis-infused drink generally will have fewer calories than beer and won’t give you a hangover.</p>\n<p>Simon also suggested that Aphria would bring Sweetwater’s 420 brand to Canada, making THC-infused drinks and edibles available for those in the Great White North. My experience here in Nova Scotia is that THC-infused drinks are gaining popularity in Nova Scotia Liquor Commission stores.</p>\n<p>The naysayers have it wrong.</p>\n<p><b>The Bottom Line on APHA Stock</b></p>\n<p>According to Euromonitor, the adult-use cannabis market in the U.S. is expected to grow to $54 billion by 2025,with cannabis-infused beverages accounting for a significant chunk of this revenue.</p>\n<p><b>Canopy Growth</b> (NASDAQ:<b><u>CGC</u></b>) stumbled out of the gate but proceeded to make big strides through 2020. By September, Canopy had captured a large share of the Canadian ready-to-drink cannabis beverages market, selling more than 1.5 million cans of its THC-infused drinks.</p>\n<p>“The fact that in such a short amount of time, we’ve actually been able to capture nearly half of that market in Canada, which is a substantially smaller market than the U.S., is very exciting for us and certainly we are full steam ahead on our beverage portfolio. I’m very encouraged by the results to date,” Canopy’s Global Head of BeveragesAndrew Rapsey told <i>FoodDive</i>in September.</p>\n<p>Canopy Growth was able to do this in the middle of a pandemic. It speaks volumes about the progress CEO David Klein has made focusing its business. It also suggests the naysayers are seriously underestimating future consumer demand for cannabis-infused products.</p>\n<p>Despite Canopy Growth’s share of the Canadian market, I believe there is plenty of room for Aphria/Tilray to thrive in this segment of the adult-use cannabis market.</p>\n<p>For this reason, I see APHA stock continuing to move higher as more news surfaces about its successes in the drinks and edibles market.</p>\n<p>If you own its stock, I would stay the course. It’s an excellent long-term buy.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Infused Beverages Pour on the Potential Gains for Aphria Stock Investors</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\">\nInfused Beverages Pour on the Potential Gains for Aphria Stock Investors\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-22 18:07 GMT+8 <a href=https://investorplace.com/2021/03/drink-up-the-continued-gains-in-aphria-apha-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>APHA stock has come a long way over the past year. Take some profits if you must, but hold for the long haul\nAphria(NASDAQ:APHA) and Tilray(NASDAQ:TLRY) shareholders are scheduled to vote on their ...</p>\n\n<a href=\"https://investorplace.com/2021/03/drink-up-the-continued-gains-in-aphria-apha-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APHA":"Aphria Inc."},"source_url":"https://investorplace.com/2021/03/drink-up-the-continued-gains-in-aphria-apha-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192531017","content_text":"APHA stock has come a long way over the past year. Take some profits if you must, but hold for the long haul\nAphria(NASDAQ:APHA) and Tilray(NASDAQ:TLRY) shareholders are scheduled to vote on their tentative merger on April 16, 2021. It’s hard to imagine shareholders on either side rejecting the consolidation play. It’s the right move for APHA stock.\nIn the meantime, I continue to be obsessed with cannabis-infused drinks and edibles. And I’ve said this many times in the past; they are the real prize in the global legalization of recreational-use cannabis.\nApparently, Aphria CEO Irwin Simon agrees, which is great news if you are a buy-and-hold cannabis investor.\nIrwin’s Take on Cannabis-Infused Drinks\nAphria completed its $300 million acquisition of Atlanta-based craft brewer Sweetwater Brewing at the end of November. According to the Brewers Association, Sweetwater is the 14th-largest craft brewer in the U.S. by volume.\nSweetwater shareholders got $250 million in cash and $50 million in Aphria stock. Based on a Nov. 30 closing price of $8.38, Sweetwater shareholders sit on approximately $74 million in unrealized gains in less than four months. On an annualized basis, that’s a 444% return [$74 million divided by $50 million divided by 4 months multiplied by 12 months].\nSweetwater management should have asked for more of the deal in stock. Seriously, though, Simon’s got some big plans for the craft beer company. I’d continue to hold the stock for the long haul.\nSimon spoke to THCNet in November when APHA announced the deal. He said at the time that he believes cannabis-infused drinks will take the U.S. by storm once the feds have legalized recreational use.\n“I am betting that it will be as big as White Claw and Truly,” Simon toldTHCNet.\nThat’s pretty darn big.\nProving Naysayers Wrong\nIn the past 52 weeks, White Claw and Truly, the best-selling and second-best-selling hard seltzers, had $3.2 billion in combined sales. If Aphria/Tilray can get just a tenth of that — Aphria/Tilray combined will have 874 million CAD ($703 million) in sales — that would boost its overall sales by almost 50%.\nTheTHCNet article, playing Devil’s advocate, points out that cannabis-infused drinks haven’t made much penetration in mature markets like Colorado and Oregon. While that might be true, the reality is that until the big beverage distributors can freely move product in most or all of the 50 states, it’s not going to grow as fast as dried flower or even edibles.\nHowever, as Simon points out, a cannabis-infused drink generally will have fewer calories than beer and won’t give you a hangover.\nSimon also suggested that Aphria would bring Sweetwater’s 420 brand to Canada, making THC-infused drinks and edibles available for those in the Great White North. My experience here in Nova Scotia is that THC-infused drinks are gaining popularity in Nova Scotia Liquor Commission stores.\nThe naysayers have it wrong.\nThe Bottom Line on APHA Stock\nAccording to Euromonitor, the adult-use cannabis market in the U.S. is expected to grow to $54 billion by 2025,with cannabis-infused beverages accounting for a significant chunk of this revenue.\nCanopy Growth (NASDAQ:CGC) stumbled out of the gate but proceeded to make big strides through 2020. By September, Canopy had captured a large share of the Canadian ready-to-drink cannabis beverages market, selling more than 1.5 million cans of its THC-infused drinks.\n“The fact that in such a short amount of time, we’ve actually been able to capture nearly half of that market in Canada, which is a substantially smaller market than the U.S., is very exciting for us and certainly we are full steam ahead on our beverage portfolio. I’m very encouraged by the results to date,” Canopy’s Global Head of BeveragesAndrew Rapsey told FoodDivein September.\nCanopy Growth was able to do this in the middle of a pandemic. It speaks volumes about the progress CEO David Klein has made focusing its business. It also suggests the naysayers are seriously underestimating future consumer demand for cannabis-infused products.\nDespite Canopy Growth’s share of the Canadian market, I believe there is plenty of room for Aphria/Tilray to thrive in this segment of the adult-use cannabis market.\nFor this reason, I see APHA stock continuing to move higher as more news surfaces about its successes in the drinks and edibles market.\nIf you own its stock, I would stay the course. It’s an excellent long-term buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156652157,"gmtCreate":1625220591479,"gmtModify":1631891770758,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/156652157","repostId":"1162611368","repostType":4,"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341142804,"gmtCreate":1617797866508,"gmtModify":1631885382754,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Moonlet’s go","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Moonlet’s go","text":"$Marathon Digital Holdings Inc(MARA)$Moonlet’s go","images":[{"img":"https://static.tigerbbs.com/8ca4f845a166d26339bda59c455d59d1","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/341142804","isVote":1,"tweetType":1,"viewCount":405,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":373381840,"gmtCreate":1618822040280,"gmtModify":1631885332313,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Added more positions","listText":"<a href=\"https://laohu8.com/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a>Added more positions","text":"$Marathon Digital Holdings Inc(MARA)$Added more positions","images":[{"img":"https://static.tigerbbs.com/128ccf2ec4e0e332a6b1c902d23a443d","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/373381840","isVote":1,"tweetType":1,"viewCount":672,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":353538220,"gmtCreate":1616507128360,"gmtModify":1634525468737,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/353538220","repostId":"1153771573","repostType":4,"repost":{"id":"1153771573","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":1616506331,"share":"https://www.laohu8.com/m/news/1153771573?lang=&edition=full","pubTime":"2021-03-23 21:32","market":"us","language":"en","title":"S&P 500 falls slightly as bull market turns one year old, Nasdaq is flat.","url":"https://stock-news.laohu8.com/highlight/detail?id=1153771573","media":"Tiger Newspress","summary":"U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as invest","content":"<p>U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as investors took some profits in shares that will benefit most from the reopening of the economy.</p><p>The S&P 500 fell 0.2%, while the Dow Jones Industrial Average shed 104points. The tech-heavy Nasdaq Composite traded near the flatline.</p><p><img src=\"https://static.tigerbbs.com/50b999a4eca950348b4ba5e25dd57675\" tg-width=\"1075\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p>Shares of Carnival and Norwegian cruise lines fell more than 1% each. American Airlines and United Airlines fell about 2% apiece. Brick-and-mortar retailer Gap also fell slightly.</p><p>ViacomCBS, one of the top performers in the S&P 500 since the pandemic lows, lost 3% after saying it would offer more stock for sale. The shares are up more than 700% since last March.</p><p>Tuesday marks the one-year anniversary of the market's bottom as the coronavirus pandemic sent stocks tumbling 30% at the fastest pace on record. Since the low on March 23, both the S&P 500 and Dow have advanced more than 75%. The Nasdaq Composite is up more than 90%, while the Russell 2000 has surged 126%.</p><p>\"Things have come full circle now, as stocks have staged a furious rally, with new highs happening across the globe as the economy recovers at a record pace,\" noted Ryan Detrick, chief market strategist at LPL Financial.</p><p>\"This bull market is off to an amazing start, but it is important to remember it is still young. While a pick-up in volatility would be normal as this stage of a strong bull market, we think suitable investors may want to consider buying the dip. Vaccine distribution, fiscal and monetary stimulus, and a robust economic recovery all have our confidence high,\" he added.</p><p>On the pandemic front, a U.S. health agency expressed concern Tuesday that AstraZeneca may have included outdated information in trial results of its Covid-19 vaccine.</p><p>The U.S. is administering about 2.5 million Covid vaccine shots every day. However, the number of new cases is increasing in 21 states as highly infectious variants spread and governors relax restrictions on businesses.</p><p>The Dow finished Monday’s session 103 points higher, for a gain of 0.32%. The S&P 500 broke a two-day losing streak and advanced 0.7%. The Nasdaq Composite was the relative outperformer, jumping 1.23% for its fifth positive session in six.</p><p>The gains came as the 10-year Treasury yield retreated, after touching a 14-month high last week. The 10-year yield was falling again on Tuesday, but that failed to boost stock futures.</p><p>“While the rise in yields has created volatility, we don’t expect it to derail the equity rally,” noted Mark Haefele, chief investment officer at UBS Global Wealth Management. “We believe rising yields reflect growth optimism and expectations for higher inflation.”</p><p>On Tuesday Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will make their first joint appearance before the U.S. House Committee on Financial Services. The discussion will center on the oversight of the Treasury’s and Federal Reserve’s pandemic response.</p><p>In prepared remarks published ahead of the hearing, Powell noted that the recovery is gaining steam, before adding there’s still a long way to go.</p><p>“The recovery has progressed more quickly than generally expected and looks to be strengthening. This is due in significant part to the unprecedented fiscal and monetary policy actions ... which provided essential support to households, businesses, and communities,”he said in the prepared comments.</p><p>“But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes,” he added.</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>S&P 500 falls slightly as bull market turns one year old, Nasdaq is flat.</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\">\nS&P 500 falls slightly as bull market turns one year old, Nasdaq is flat.\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\">2021-03-23 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as investors took some profits in shares that will benefit most from the reopening of the economy.</p><p>The S&P 500 fell 0.2%, while the Dow Jones Industrial Average shed 104points. The tech-heavy Nasdaq Composite traded near the flatline.</p><p><img src=\"https://static.tigerbbs.com/50b999a4eca950348b4ba5e25dd57675\" tg-width=\"1075\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p><p>Shares of Carnival and Norwegian cruise lines fell more than 1% each. American Airlines and United Airlines fell about 2% apiece. Brick-and-mortar retailer Gap also fell slightly.</p><p>ViacomCBS, one of the top performers in the S&P 500 since the pandemic lows, lost 3% after saying it would offer more stock for sale. The shares are up more than 700% since last March.</p><p>Tuesday marks the one-year anniversary of the market's bottom as the coronavirus pandemic sent stocks tumbling 30% at the fastest pace on record. Since the low on March 23, both the S&P 500 and Dow have advanced more than 75%. The Nasdaq Composite is up more than 90%, while the Russell 2000 has surged 126%.</p><p>\"Things have come full circle now, as stocks have staged a furious rally, with new highs happening across the globe as the economy recovers at a record pace,\" noted Ryan Detrick, chief market strategist at LPL Financial.</p><p>\"This bull market is off to an amazing start, but it is important to remember it is still young. While a pick-up in volatility would be normal as this stage of a strong bull market, we think suitable investors may want to consider buying the dip. Vaccine distribution, fiscal and monetary stimulus, and a robust economic recovery all have our confidence high,\" he added.</p><p>On the pandemic front, a U.S. health agency expressed concern Tuesday that AstraZeneca may have included outdated information in trial results of its Covid-19 vaccine.</p><p>The U.S. is administering about 2.5 million Covid vaccine shots every day. However, the number of new cases is increasing in 21 states as highly infectious variants spread and governors relax restrictions on businesses.</p><p>The Dow finished Monday’s session 103 points higher, for a gain of 0.32%. The S&P 500 broke a two-day losing streak and advanced 0.7%. The Nasdaq Composite was the relative outperformer, jumping 1.23% for its fifth positive session in six.</p><p>The gains came as the 10-year Treasury yield retreated, after touching a 14-month high last week. The 10-year yield was falling again on Tuesday, but that failed to boost stock futures.</p><p>“While the rise in yields has created volatility, we don’t expect it to derail the equity rally,” noted Mark Haefele, chief investment officer at UBS Global Wealth Management. “We believe rising yields reflect growth optimism and expectations for higher inflation.”</p><p>On Tuesday Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will make their first joint appearance before the U.S. House Committee on Financial Services. The discussion will center on the oversight of the Treasury’s and Federal Reserve’s pandemic response.</p><p>In prepared remarks published ahead of the hearing, Powell noted that the recovery is gaining steam, before adding there’s still a long way to go.</p><p>“The recovery has progressed more quickly than generally expected and looks to be strengthening. This is due in significant part to the unprecedented fiscal and monetary policy actions ... which provided essential support to households, businesses, and communities,”he said in the prepared comments.</p><p>“But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes,” he added.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153771573","content_text":"U.S. stocks dipped on Tuesday, one year after the bull market from the pandemic lows began as investors took some profits in shares that will benefit most from the reopening of the economy.The S&P 500 fell 0.2%, while the Dow Jones Industrial Average shed 104points. The tech-heavy Nasdaq Composite traded near the flatline.Shares of Carnival and Norwegian cruise lines fell more than 1% each. American Airlines and United Airlines fell about 2% apiece. Brick-and-mortar retailer Gap also fell slightly.ViacomCBS, one of the top performers in the S&P 500 since the pandemic lows, lost 3% after saying it would offer more stock for sale. The shares are up more than 700% since last March.Tuesday marks the one-year anniversary of the market's bottom as the coronavirus pandemic sent stocks tumbling 30% at the fastest pace on record. Since the low on March 23, both the S&P 500 and Dow have advanced more than 75%. The Nasdaq Composite is up more than 90%, while the Russell 2000 has surged 126%.\"Things have come full circle now, as stocks have staged a furious rally, with new highs happening across the globe as the economy recovers at a record pace,\" noted Ryan Detrick, chief market strategist at LPL Financial.\"This bull market is off to an amazing start, but it is important to remember it is still young. While a pick-up in volatility would be normal as this stage of a strong bull market, we think suitable investors may want to consider buying the dip. Vaccine distribution, fiscal and monetary stimulus, and a robust economic recovery all have our confidence high,\" he added.On the pandemic front, a U.S. health agency expressed concern Tuesday that AstraZeneca may have included outdated information in trial results of its Covid-19 vaccine.The U.S. is administering about 2.5 million Covid vaccine shots every day. However, the number of new cases is increasing in 21 states as highly infectious variants spread and governors relax restrictions on businesses.The Dow finished Monday’s session 103 points higher, for a gain of 0.32%. The S&P 500 broke a two-day losing streak and advanced 0.7%. The Nasdaq Composite was the relative outperformer, jumping 1.23% for its fifth positive session in six.The gains came as the 10-year Treasury yield retreated, after touching a 14-month high last week. The 10-year yield was falling again on Tuesday, but that failed to boost stock futures.“While the rise in yields has created volatility, we don’t expect it to derail the equity rally,” noted Mark Haefele, chief investment officer at UBS Global Wealth Management. “We believe rising yields reflect growth optimism and expectations for higher inflation.”On Tuesday Fed Chairman Jerome Powell and Treasury Secretary Janet Yellen will make their first joint appearance before the U.S. House Committee on Financial Services. The discussion will center on the oversight of the Treasury’s and Federal Reserve’s pandemic response.In prepared remarks published ahead of the hearing, Powell noted that the recovery is gaining steam, before adding there’s still a long way to go.“The recovery has progressed more quickly than generally expected and looks to be strengthening. This is due in significant part to the unprecedented fiscal and monetary policy actions ... which provided essential support to households, businesses, and communities,”he said in the prepared comments.“But the recovery is far from complete, so, at the Fed, we will continue to provide the economy the support that it needs for as long as it takes,” he added.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":359383391,"gmtCreate":1616343451113,"gmtModify":1634526286675,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/359383391","repostId":"1136440314","repostType":4,"repost":{"id":"1136440314","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":1616165231,"share":"https://www.laohu8.com/m/news/1136440314?lang=&edition=full","pubTime":"2021-03-19 22:47","market":"us","language":"en","title":"Facebook rose more than 4%","url":"https://stock-news.laohu8.com/highlight/detail?id=1136440314","media":"Tiger Newspress","summary":"(March 19) Facebook rose more than 4%.Facebook is a strong positive outlier in the S&P 500 today,up ","content":"<p>(March 19) Facebook rose more than 4%.</p><p><img src=\"https://static.tigerbbs.com/fea58a0f3c9d80d1b9267044a776f39d\" tg-width=\"678\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p></p><p>Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.</p><p>Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.</p><p>\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</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>Facebook rose more than 4%</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\">\nFacebook rose more than 4%\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\">2021-03-19 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(March 19) Facebook rose more than 4%.</p><p><img src=\"https://static.tigerbbs.com/fea58a0f3c9d80d1b9267044a776f39d\" tg-width=\"678\" tg-height=\"520\" referrerpolicy=\"no-referrer\"></p><p></p><p>Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.</p><p>Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.</p><p>\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"</p><p>That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.</p><p>Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.</p><p>\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136440314","content_text":"(March 19) Facebook rose more than 4%.Facebook is a strong positive outlier in the S&P 500 today,up 4.08% and gaining (and bouncing back froma slightly decline yesterday) after CEO Mark Zuckerberg looked to change his tune on upcoming privacy changes from Apple.Zuckerberg had increasingly taken an adversarial stance against the big-tech rival, but in a new discussion on audio platform Clubhouse, he said thatFacebook may be better off this way.\"I think the reality is that I'm confident that we're gonna be able to manage through that situation,\" Zuckerberg said. \"And we'll be in a good position. I think it's possible that we may even be in a stronger position.\"That marks a sharp reversal from last summer, when Facebook said Apple's change to unique device IDs couldcut revenues in half for its Audience Network in-app ad business, and Facebook chief Mark Zuckerbergsingled Apple out for criticism in a companywide meeting.Now, Zuckerberg is saying Apple's changes might encourage sellers to use Facebook's commerce products directly.\"Apple's changes encourage more businesses to conduct commerce on our platforms, by making it harder for them to basically use their data in order to find the customers that would want to use their products outside of our platforms,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":138,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327712013,"gmtCreate":1616125014132,"gmtModify":1631887156812,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s do thissss","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Let’s do thissss","text":"$ARK Innovation ETF(ARKK)$Let’s do thissss","images":[{"img":"https://static.tigerbbs.com/0837a8404e1d01f885611388f777a937","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/327712013","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":187572791,"gmtCreate":1623760627613,"gmtModify":1634028834773,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/187572791","repostId":"1107805706","repostType":4,"repost":{"id":"1107805706","pubTimestamp":1623756543,"share":"https://www.laohu8.com/m/news/1107805706?lang=&edition=full","pubTime":"2021-06-15 19:29","market":"us","language":"en","title":"Morgan Stanley downgrades industrial stock Fastenal, citing valuation at an all-time high","url":"https://stock-news.laohu8.com/highlight/detail?id=1107805706","media":"cnbc","summary":"Investors should stay away from industrial supplierFastenalwhile the company does an internal makeov","content":"<div>\n<p>Investors should stay away from industrial supplierFastenalwhile the company does an internal makeover, according to Morgan Stanley.\nThe company is altering its sales strategy, according to the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/morgan-stanley-downgrades-fastenal-stock-says-transition-period-cant-support-high-valuation.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Morgan Stanley downgrades industrial stock Fastenal, citing valuation at an all-time high</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\">\nMorgan Stanley downgrades industrial stock Fastenal, citing valuation at an all-time high\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 19:29 GMT+8 <a href=https://www.cnbc.com/2021/06/15/morgan-stanley-downgrades-fastenal-stock-says-transition-period-cant-support-high-valuation.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors should stay away from industrial supplierFastenalwhile the company does an internal makeover, according to Morgan Stanley.\nThe company is altering its sales strategy, according to the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/morgan-stanley-downgrades-fastenal-stock-says-transition-period-cant-support-high-valuation.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FAST":"快扣"},"source_url":"https://www.cnbc.com/2021/06/15/morgan-stanley-downgrades-fastenal-stock-says-transition-period-cant-support-high-valuation.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1107805706","content_text":"Investors should stay away from industrial supplierFastenalwhile the company does an internal makeover, according to Morgan Stanley.\nThe company is altering its sales strategy, according to the investment firm, and its May sales results were down year over year. Its stock has gained 8% since the start of 2021.\nAnalyst Joshua Pokrzywinski downgraded the stock to underweight from equal weight, saying in a note to clients that the stock had limited upside due to a high valuation and execution risk as it continues the transition.\n“The company is undergoing a strategy change and potentially has an air pocket of outgrowth given limited net Onsite customer acquisitions over the past year,” the note said. “Over time, we believe the majority of these issues are manageable and believe the strategy is adapting to the business environment, but see potential for a tricky handoff at a point in time where valuation and comparisons are demanding.”\nThe change comes as Fastenal’s stock is trading at relatively high levels compared to its history. Shares have a forward price-to-earnings ration of 32, according to FactSet, well above their historical average.\n“Valuation is at all time highs on an absolute basis and vs. the S&P 500. This comes at a point when FAST had a much more mild downturn than other cyclicals due to safety and less recovery potential, but also as outgrowth is uncertain amid the points described above,” Morgan Stanley said.\nThe firm cut its price target on the stock to $48 per share from $53. The new target is 9% below where the stock closed on Monday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":118519041,"gmtCreate":1622737853183,"gmtModify":1634098512817,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/118519041","repostId":"1143150601","repostType":4,"repost":{"id":"1143150601","pubTimestamp":1622729801,"share":"https://www.laohu8.com/m/news/1143150601?lang=&edition=full","pubTime":"2021-06-03 22:16","market":"us","language":"en","title":"These are the next Reddit stocks to watch, according to Bank of America","url":"https://stock-news.laohu8.com/highlight/detail?id=1143150601","media":"CNBC","summary":"The meme-stock craze is carrying on, and Bank of America is flagging the new stocks getting attentio","content":"<div>\n<p>The meme-stock craze is carrying on, and Bank of America is flagging the new stocks getting attention from the Reddit crowd.\nMeme stocks — names favored by retail traders on Reddit’s WallStreetBets ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/these-are-the-next-reddit-stocks-to-watch-says-bank-of-america.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>These are the next Reddit stocks to watch, according to Bank of America</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\">\nThese are the next Reddit stocks to watch, according to Bank of America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 22:16 GMT+8 <a href=https://www.cnbc.com/2021/06/03/these-are-the-next-reddit-stocks-to-watch-says-bank-of-america.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The meme-stock craze is carrying on, and Bank of America is flagging the new stocks getting attention from the Reddit crowd.\nMeme stocks — names favored by retail traders on Reddit’s WallStreetBets ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/these-are-the-next-reddit-stocks-to-watch-says-bank-of-america.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BCRX":"BioCryst制药","AM":"Antero Midstream Corporation","AMC":"AMC院线","BBBY":"3B家居","AAL":"美国航空","PLUG":"普拉格能源","Z":"Zillow","GDP":"古德里奇","GME":"游戏驿站","BYND":"Beyond Meat, Inc.","ATH":"Athene Holding Ltd","SPCE":"维珍银河","FCF":"第一联邦金融","NTUS":"纳图斯医疗","CLNE":"Clean Energy Fuels Corp","GOOD":"格拉德斯通商业","ASO":"Academy Sports & Outdoors, Inc."},"source_url":"https://www.cnbc.com/2021/06/03/these-are-the-next-reddit-stocks-to-watch-says-bank-of-america.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1143150601","content_text":"The meme-stock craze is carrying on, and Bank of America is flagging the new stocks getting attention from the Reddit crowd.\nMeme stocks — names favored by retail traders on Reddit’s WallStreetBets forum — are on the rise again this week, led by AMC Entertainment, which is up 87% this week alone. The movie theater company announced Thursday it will sell 11.5 million shares, after the stock closed at an all-time high of $62.55 on Wednesday. AMC Entertainment dropped by as much as 30% on Thursday morning and trading was halted briefly for volatility.\nThe Reddit target said recent volatility and the level of AMC’s stock “reflect market and trading dynamics unrelated to our underlying business,” according to a filing it made with the Securities and Exchange Commission. Yet, investors keep piling into the heavily-shorted name.\nIn the past few weeks, Bank of America has been identifying the potential up-and-coming WallStreetBets targets by analyzing for clients how many mentions each stock gets on Reddit, among other things like short interest – that is, the number of shares that have been sold short by investors.\nThe Wall Street firm gave clients an updated list of the top small- to mid-cap stocks to watch during the return of the meme stock craze. The listed names have the most mentions on Reddit and short interest above the 5% average for the S&P 500 in the past week.\nTake a look at the list here.\nSource: Bank of America\nAMC remains No. 1 on the meme stocks list. WallStreetBets mentions have continued to rise for the third week for the movie theater stock with more than 5,000 comments since Wednesday, May 26. Mentions are at their highest levels since February, in the aftermath of GameStop’s epic short squeeze.\nBank of America told clients AMC’s more than 2,000% rally in 2021 could start losing steam.\n“AMC exhibits all three signposts that its rally could be nearing an end (acceleration in price and stock volume, increase in volatility, and a turn lower in the call-to put volume ratio),” Bank of America equity and quant strategist Jill Carey Hall told clients in a note.\nGameStop is still the second most-mentioned stock on Reddit. However, online comments continue to tick down. The stock had more than 3,600 mentions two weeks ago and about 2,670 comments in the past week.\nGameStop and AMC still have 21% of their float shares sold short, according to Bank of America, compared with an average of 5% short interest in a typical U.S. stock.\nNew members on the list are online real estate marketplace Zillow Group and retailer Bed Bath and Beyond.\nZillow got 50 mentions and Bed Bath and Beyond got 24 mentions on Reddit in the past week. Plus, Zillow has 13% and Bed Bath & beyond has 32% of their float shares sold short, according to Bank of America.\n“Among those with high short interest, Zillow (Z) made our top 20 screen for the first time in our dataset since August. And Bed Bath & Beyond (BBBY) – one of January’s ‘up-crash’ stocks, made the top 20 for the first time since early Feb. and shares have begun to surge again this week,” said Hall.\nShares of Bed Bath & Beyond are up about 25% this week.\nCommercial spaceflight company Virgin Galactic is the third most-mentioned name on Reddit. The stock has 24% of its float shares sold short, according to Bank of America.\nBeyond Meat, whichBank of America flagged as a new stock to watch a week ago, saw mentions continue to rise and now ranks number four. Shares of Beyond Meat are up about 12% this quarter.\nOther names like Athene Holding,Plug Power,Antero Midstream,Academy Sports and Outdoors and Clean Energy Fuels appeared on the list.\nAmerican Airlines,Gladstone Commercial and Natus Medical also earned spots on Bank of America’s Reddit stock list.","news_type":1},"isVote":1,"tweetType":1,"viewCount":88,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373315309,"gmtCreate":1618821557701,"gmtModify":1634290690137,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"🤔🤔","listText":"🤔🤔","text":"🤔🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/373315309","repostId":"2128525488","repostType":4,"isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346295725,"gmtCreate":1618042060967,"gmtModify":1634295083782,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Lol","listText":"Lol","text":"Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/346295725","repostId":"1136941144","repostType":4,"repost":{"id":"1136941144","pubTimestamp":1617980884,"share":"https://www.laohu8.com/m/news/1136941144?lang=&edition=full","pubTime":"2021-04-09 23:08","market":"us","language":"en","title":"Biden Boosts Health, Education in $1.52 Trillion Budget Request","url":"https://stock-news.laohu8.com/highlight/detail?id=1136941144","media":"Bloomberg","summary":"White House releases outline of budget request for 2022\nCongress likely to significantly reshape pla","content":"<ul>\n <li>White House releases outline of budget request for 2022</li>\n <li>Congress likely to significantly reshape plan in coming months</li>\n</ul>\n<p>President Joe Biden proposed major boosts in funding to combat inequality, disease and climate change as part of a $1.52 trillion budget request for 2022, part of his wider push to redefine the role of government in American lives.</p>\n<p>The administration’s outline, released by the White House Friday, kicks off a months-long process in which Congress is likely to significantly reshape the priorities, given stiff Republican opposition to many of the proposals. But the outline showcases how Biden is trying to bend the federal government toward a much greater role in the provision of health care and education.</p>\n<p>Combined with the $1.9 trillion pandemic-relief bill signed last month and a $2.25 trillion infrastructure-and-jobs proposal, the budget marks Biden’s third foray into using the power of the federal government to radically expand help for lower-income and middle-class Americans. A further social-spending package is also coming, all before Biden’s first 100 days have passed.</p>\n<p>Biden on Friday asked for a 15.9% jump in regular non-defense domestic spending for the fiscal year starting in October, with a more than 40% increase in education spending and a 23% jump for health. The overall budget request is an 8.4% boost from the current year, when excluding emergency spending for the pandemic.</p>\n<p>While there’s extra money for Internal Revenue Service enforcement, the plan doesn’t include the tax hikes on individuals that Biden is planning to unveil in coming weeks to help fund his broader expansion in fiscal spending.</p>\n<p><b>‘More Inclusive’</b></p>\n<p>There’s $14 billion extra to address climate change, $20 billion more for high-poverty schools and $6.5 billion for launching a new research agency to develop new treatments and cures for diseases -- along the lines of the Defense Department’s DARPA.</p>\n<p>“This moment of crisis is also a moment of possibility,” acting budget director Shalanda Young said in a message to lawmakers Friday. “Together, America has a chance not simply to go back to the way things were before the Covid-19 pandemic and economic downturn struck, but to begin building a better, stronger, more secure, more inclusive America.”</p>\n<p>The fiscal 2022 budget request comes on top of last week’s proposed eight-year infrastructure-led package, and a forthcoming, longer-term social-spending program expected to total around $1 trillion.</p>\n<p>Unlike those other proposals, the Democrats will need Republican votes in the Senate to pass the annual appropriations bills into which the budget is divided, according to the chamber’s rules. That means getting at least 10 GOP members aboard.</p>\n<p><b>Defense Spending</b></p>\n<p>Republican lawmakers are certain to take issue with many of Biden’s requests.</p>\n<p>The outline has $753 billion for defense programs in the upcoming fiscal year, which represents just a 1.7% increase -- significantly below the 4% to 5% bump advocated by GOP leaders, and a break with recent tradition of keeping defense and non-defense increases on the same scale.</p>\n<p>The White House argued that domestic investments have waned in recent years, and that Biden’s proposed boost on that side of the ledger would simply return the country’s non-defense spending to around the historic norm of 3.3% of gross domestic product.</p>\n<p>Biden includes no money for border-wall construction, canceling unspent funds from previous years, and has asked for $232 million more to study and investigate domestic terrorism in the wake of the insurrection by supporters of former President Donald Trump at the U.S. Capitol.</p>\n<p><b>No Caps</b></p>\n<p>The president’s 2022 request -- which involves just discretionary spending, and not entitlement programs like Medicare, Medicaid and Social Security -- comes without the budget caps that have been in place for a decade. The expiration of those caps, agreed to between the Obama administration and congressional Republicans, has been described by White House officials as an opportunity to pursue investments in areas like education, clean energy and public health.</p>\n<p>“Over the past decade, due in large measure to overly restrictive budget caps, the nation significantly under-invested in core public services, benefits and protections,” Young said.</p>\n<p>And though presidential budgets are routinely ignored on Capitol Hill, administration officials are hopeful the top-line numbers can offer an early guidepost for fellow Democrats who narrowly control both chambers of Congress.</p>\n<p>Priorities identified by the administration include:</p>\n<ul>\n <li>A $3.9 billion increase in funding to battle the opioid epidemic</li>\n <li>$232 million in new money for Department of Justice gun violence prevention programs</li>\n <li>More than $1.2 billion in new spending for aid to Central America, and asylum adjudication amid a surge of migrants at the U.S.-Mexico border.</li>\n</ul>\n<p>Biden is asking Congress to spend $14 billion more on climate programs across the U.S. government, with some $10 billion targeted to clean energy innovation. Much of the funding would go to Energy Department initiatives, including the Advanced Research Projects Agency for Climate, with support for high-risk ventures that offer the potential for changes in the way electricity is generated and used.</p>\n<p>He envisions a $1.4 billion increase for the National Oceanic and Atmospheric Administration, enabling greater work on climate observations and forecasting, and $600 million to buy electric vehicles and equipment for federal agencies such as the U.S. Postal Service, which is in theprocess of turning over its fleet. Another $800 million would go toward making public and assisted housing more energy efficient.</p>\n<p>Biden also calls for an additional $1.2 billion for the Internal Revenue Service to boost oversight of corporations and wealthy taxpayers and improve IRS customer service. It also calls for amulti-year allocation of $417 million to fund audits, which the White House hopes will bring in more revenues from businesses and wealthy taxpayers.</p>\n<p><b>Amtrak Money</b></p>\n<p>The Commerce Department would see a 28% increase --including a doubling of funds for manufacturing-related programs under the National Institute of Standards and Technology. Amtrak -- long favored by Biden -- receives a 35% increase.</p>\n<p>Biden’s budget proposal arrives months later than the usual timeline, and it lacks many of the details -- including plans for raising revenues, economic assumptions and a 10-year outlook -- that ordinarily accompany funding requests.</p>\n<p>Appropriations for 2022 need to be enacted before Oct. 1 to avert a government shutdown.</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>Biden Boosts Health, Education in $1.52 Trillion Budget Request</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\">\nBiden Boosts Health, Education in $1.52 Trillion Budget Request\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 23:08 GMT+8 <a href=http://bloomberg.com/news/articles/2021-04-09/biden-boosts-health-education-in-1-52-trillion-budget-request><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>White House releases outline of budget request for 2022\nCongress likely to significantly reshape plan in coming months\n\nPresident Joe Biden proposed major boosts in funding to combat inequality, ...</p>\n\n<a href=\"http://bloomberg.com/news/articles/2021-04-09/biden-boosts-health-education-in-1-52-trillion-budget-request\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"http://bloomberg.com/news/articles/2021-04-09/biden-boosts-health-education-in-1-52-trillion-budget-request","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136941144","content_text":"White House releases outline of budget request for 2022\nCongress likely to significantly reshape plan in coming months\n\nPresident Joe Biden proposed major boosts in funding to combat inequality, disease and climate change as part of a $1.52 trillion budget request for 2022, part of his wider push to redefine the role of government in American lives.\nThe administration’s outline, released by the White House Friday, kicks off a months-long process in which Congress is likely to significantly reshape the priorities, given stiff Republican opposition to many of the proposals. But the outline showcases how Biden is trying to bend the federal government toward a much greater role in the provision of health care and education.\nCombined with the $1.9 trillion pandemic-relief bill signed last month and a $2.25 trillion infrastructure-and-jobs proposal, the budget marks Biden’s third foray into using the power of the federal government to radically expand help for lower-income and middle-class Americans. A further social-spending package is also coming, all before Biden’s first 100 days have passed.\nBiden on Friday asked for a 15.9% jump in regular non-defense domestic spending for the fiscal year starting in October, with a more than 40% increase in education spending and a 23% jump for health. The overall budget request is an 8.4% boost from the current year, when excluding emergency spending for the pandemic.\nWhile there’s extra money for Internal Revenue Service enforcement, the plan doesn’t include the tax hikes on individuals that Biden is planning to unveil in coming weeks to help fund his broader expansion in fiscal spending.\n‘More Inclusive’\nThere’s $14 billion extra to address climate change, $20 billion more for high-poverty schools and $6.5 billion for launching a new research agency to develop new treatments and cures for diseases -- along the lines of the Defense Department’s DARPA.\n“This moment of crisis is also a moment of possibility,” acting budget director Shalanda Young said in a message to lawmakers Friday. “Together, America has a chance not simply to go back to the way things were before the Covid-19 pandemic and economic downturn struck, but to begin building a better, stronger, more secure, more inclusive America.”\nThe fiscal 2022 budget request comes on top of last week’s proposed eight-year infrastructure-led package, and a forthcoming, longer-term social-spending program expected to total around $1 trillion.\nUnlike those other proposals, the Democrats will need Republican votes in the Senate to pass the annual appropriations bills into which the budget is divided, according to the chamber’s rules. That means getting at least 10 GOP members aboard.\nDefense Spending\nRepublican lawmakers are certain to take issue with many of Biden’s requests.\nThe outline has $753 billion for defense programs in the upcoming fiscal year, which represents just a 1.7% increase -- significantly below the 4% to 5% bump advocated by GOP leaders, and a break with recent tradition of keeping defense and non-defense increases on the same scale.\nThe White House argued that domestic investments have waned in recent years, and that Biden’s proposed boost on that side of the ledger would simply return the country’s non-defense spending to around the historic norm of 3.3% of gross domestic product.\nBiden includes no money for border-wall construction, canceling unspent funds from previous years, and has asked for $232 million more to study and investigate domestic terrorism in the wake of the insurrection by supporters of former President Donald Trump at the U.S. Capitol.\nNo Caps\nThe president’s 2022 request -- which involves just discretionary spending, and not entitlement programs like Medicare, Medicaid and Social Security -- comes without the budget caps that have been in place for a decade. The expiration of those caps, agreed to between the Obama administration and congressional Republicans, has been described by White House officials as an opportunity to pursue investments in areas like education, clean energy and public health.\n“Over the past decade, due in large measure to overly restrictive budget caps, the nation significantly under-invested in core public services, benefits and protections,” Young said.\nAnd though presidential budgets are routinely ignored on Capitol Hill, administration officials are hopeful the top-line numbers can offer an early guidepost for fellow Democrats who narrowly control both chambers of Congress.\nPriorities identified by the administration include:\n\nA $3.9 billion increase in funding to battle the opioid epidemic\n$232 million in new money for Department of Justice gun violence prevention programs\nMore than $1.2 billion in new spending for aid to Central America, and asylum adjudication amid a surge of migrants at the U.S.-Mexico border.\n\nBiden is asking Congress to spend $14 billion more on climate programs across the U.S. government, with some $10 billion targeted to clean energy innovation. Much of the funding would go to Energy Department initiatives, including the Advanced Research Projects Agency for Climate, with support for high-risk ventures that offer the potential for changes in the way electricity is generated and used.\nHe envisions a $1.4 billion increase for the National Oceanic and Atmospheric Administration, enabling greater work on climate observations and forecasting, and $600 million to buy electric vehicles and equipment for federal agencies such as the U.S. Postal Service, which is in theprocess of turning over its fleet. Another $800 million would go toward making public and assisted housing more energy efficient.\nBiden also calls for an additional $1.2 billion for the Internal Revenue Service to boost oversight of corporations and wealthy taxpayers and improve IRS customer service. It also calls for amulti-year allocation of $417 million to fund audits, which the White House hopes will bring in more revenues from businesses and wealthy taxpayers.\nAmtrak Money\nThe Commerce Department would see a 28% increase --including a doubling of funds for manufacturing-related programs under the National Institute of Standards and Technology. Amtrak -- long favored by Biden -- receives a 35% increase.\nBiden’s budget proposal arrives months later than the usual timeline, and it lacks many of the details -- including plans for raising revenues, economic assumptions and a 10-year outlook -- that ordinarily accompany funding requests.\nAppropriations for 2022 need to be enacted before Oct. 1 to avert a government shutdown.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327716289,"gmtCreate":1616124957641,"gmtModify":1634527105669,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Wew","listText":"Wew","text":"Wew","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/327716289","repostId":"1121037863","repostType":4,"repost":{"id":"1121037863","pubTimestamp":1616124432,"share":"https://www.laohu8.com/m/news/1121037863?lang=&edition=full","pubTime":"2021-03-19 11:27","market":"us","language":"en","title":"Why Weibo Stock Jumped 5% Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1121037863","media":"Motley Fool","summary":"The Chinese microblogging specialist beat Wall Street's estimates across the board in the fourth qua","content":"<p>The Chinese microblogging specialist beat Wall Street's estimates across the board in the fourth quarter of 2020.</p>\n<p><b>What happened</b></p>\n<p>Chinese microblogging service <b>Weibo</b>(NASDAQ:WB) reported strong fourth-quarter results early Thursday morning, driving the stock as much as 4.7% higher. </p>\n<p><b>So what</b></p>\n<p>Weibo's fourth-quarter sales rose 9.7% year over year, landing at $513 million. Adjusted earnings increased by 20% to $0.92 per diluted share. Your average analyst would have settled for earnings of roughly $0.74 per share on revenue near $499 million. Looking ahead, Weibo's management expects first-quarter sales to grow approximately 28%, which works out to $412 million. Here, the analyst consensus stopped at $399 million.</p>\n<p><b>Now what</b></p>\n<p>The company posted modest year-over-year user growth and wider profit margins. Management would have preferred the opposite situation, as Weibo's business model is tuned to maximize top-line growth and user additions at the expense of limited bottom-line profits, but exorbitant profits is one of the nicer problems a business can have.</p>\n<p>Weibo took this opportunity to promote finance VP Fei Cao to CFO. Furthermore, Wei Wang was installed as chief operating officer, a newly created position in Weibo's management structure. Both Cao and Wang originally joined Weibo from senior leadership positions in parent company <b>SINA</b>. The market calmly accepted these corner-office appointments.</p>\n<p>It's no surprise to see investors embracing Weibo's earnings beat and bullish guidance. The stock has now gained 48% in 52 weeks.</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 Weibo Stock Jumped 5% Thursday</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 Weibo Stock Jumped 5% Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-19 11:27 GMT+8 <a href=https://www.fool.com/investing/2021/03/18/why-weibo-stock-jumped-10-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Chinese microblogging specialist beat Wall Street's estimates across the board in the fourth quarter of 2020.\nWhat happened\nChinese microblogging service Weibo(NASDAQ:WB) reported strong fourth-...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/18/why-weibo-stock-jumped-10-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WB":"微博"},"source_url":"https://www.fool.com/investing/2021/03/18/why-weibo-stock-jumped-10-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121037863","content_text":"The Chinese microblogging specialist beat Wall Street's estimates across the board in the fourth quarter of 2020.\nWhat happened\nChinese microblogging service Weibo(NASDAQ:WB) reported strong fourth-quarter results early Thursday morning, driving the stock as much as 4.7% higher. \nSo what\nWeibo's fourth-quarter sales rose 9.7% year over year, landing at $513 million. Adjusted earnings increased by 20% to $0.92 per diluted share. Your average analyst would have settled for earnings of roughly $0.74 per share on revenue near $499 million. Looking ahead, Weibo's management expects first-quarter sales to grow approximately 28%, which works out to $412 million. Here, the analyst consensus stopped at $399 million.\nNow what\nThe company posted modest year-over-year user growth and wider profit margins. Management would have preferred the opposite situation, as Weibo's business model is tuned to maximize top-line growth and user additions at the expense of limited bottom-line profits, but exorbitant profits is one of the nicer problems a business can have.\nWeibo took this opportunity to promote finance VP Fei Cao to CFO. Furthermore, Wei Wang was installed as chief operating officer, a newly created position in Weibo's management structure. Both Cao and Wang originally joined Weibo from senior leadership positions in parent company SINA. The market calmly accepted these corner-office appointments.\nIt's no surprise to see investors embracing Weibo's earnings beat and bullish guidance. The stock has now gained 48% in 52 weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":171,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":892767495,"gmtCreate":1628690430617,"gmtModify":1631891770739,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Nice comment","listText":"Nice comment","text":"Nice comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/892767495","repostId":"2158474560","repostType":4,"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804324614,"gmtCreate":1627932618638,"gmtModify":1631891770743,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Chicken genius","listText":"Chicken genius","text":"Chicken genius","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804324614","repostId":"2156511670","repostType":4,"repost":{"id":"2156511670","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1627918709,"share":"https://www.laohu8.com/m/news/2156511670?lang=&edition=full","pubTime":"2021-08-02 23:38","market":"us","language":"en","title":"Using Options To Create A 10% Synthetic 'Dividend' On Tesla Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2156511670","media":"Investors","summary":"If Tesla stock stays above 450 then I achieve a 10.14% per annum return when the put expires worthless.","content":"<p><b>Tesla</b> stock is holding nicely above a rising 50-day moving average and is trading above 700 in the stock market today. </p>\n<p>One bad thing about Tesla stock is that it doesn't pay a dividend. But, what if we could use options to manufacture our own dividend? </p>\n<p>Let's say I have $45,000 that I want to invest in TSLA stock. I could simply buy some shares and hope the stock rises. </p>\n<p>But, if I want a more conservative play, I could sell a March 18, 2022-expiring put with a strike price of 450 and set aside the $45,000 in case I am assigned on the short put. </p>\n<p>That 450 strike put generates around $2,680 in option premium in just under eight months. So, my $45,000 investment into Tesla is giving me a 10.14% annualized \"dividend.\" What's the catch? Well, much like owning Tesla shares, if the stock keeps dropping, I'm going to lose money in the short-term. </p>\n<p>If Tesla stock is below 450 next March, then I will be forced to buy 100 shares at 450 each. </p>\n<h3>10% Annualized Return If Put Expires Worthless</h3>\n<p>But, if TSLA stays above 450, then I achieve a 10.14% per annum return when the put expires worthless. </p>\n<p>Cash secured puts are a bullish strategy but are considered slightly less bullish than owning Tesla stock because the potential gains are limited to the premium received. </p>\n<p>The 450 strike put currently has a delta of 9, so selling this put gives you an exposure roughly equivalent to owning nine shares of Tesla stock, although this will change as the stock moves up and down. </p>\n<p>One method that can help cut the risk is to turn it into a spread and buy a $250 strike put. This turns the trade into a bull put spread and reduces the capital at risk. </p>\n<p>Tesla stock has a Composite Rating of 89, an EPS Rating of 73 and a Relative Strength Rating of 86. </p>\n<p>Please remember that options are risky, and investors can lose 100% of their investment. </p>\n<p>This article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. </p>\n<p><i>Gavin McMaster has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. Follow him on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> at @OptiontradinIQ</i><i> </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>Using Options To Create A 10% Synthetic 'Dividend' On Tesla Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUsing Options To Create A 10% Synthetic 'Dividend' On Tesla Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-08-02 23:38</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Tesla</b> stock is holding nicely above a rising 50-day moving average and is trading above 700 in the stock market today. </p>\n<p>One bad thing about Tesla stock is that it doesn't pay a dividend. But, what if we could use options to manufacture our own dividend? </p>\n<p>Let's say I have $45,000 that I want to invest in TSLA stock. I could simply buy some shares and hope the stock rises. </p>\n<p>But, if I want a more conservative play, I could sell a March 18, 2022-expiring put with a strike price of 450 and set aside the $45,000 in case I am assigned on the short put. </p>\n<p>That 450 strike put generates around $2,680 in option premium in just under eight months. So, my $45,000 investment into Tesla is giving me a 10.14% annualized \"dividend.\" What's the catch? Well, much like owning Tesla shares, if the stock keeps dropping, I'm going to lose money in the short-term. </p>\n<p>If Tesla stock is below 450 next March, then I will be forced to buy 100 shares at 450 each. </p>\n<h3>10% Annualized Return If Put Expires Worthless</h3>\n<p>But, if TSLA stays above 450, then I achieve a 10.14% per annum return when the put expires worthless. </p>\n<p>Cash secured puts are a bullish strategy but are considered slightly less bullish than owning Tesla stock because the potential gains are limited to the premium received. </p>\n<p>The 450 strike put currently has a delta of 9, so selling this put gives you an exposure roughly equivalent to owning nine shares of Tesla stock, although this will change as the stock moves up and down. </p>\n<p>One method that can help cut the risk is to turn it into a spread and buy a $250 strike put. This turns the trade into a bull put spread and reduces the capital at risk. </p>\n<p>Tesla stock has a Composite Rating of 89, an EPS Rating of 73 and a Relative Strength Rating of 86. </p>\n<p>Please remember that options are risky, and investors can lose 100% of their investment. </p>\n<p>This article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. </p>\n<p><i>Gavin McMaster has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. Follow him on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> at @OptiontradinIQ</i><i> </i></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":"2156511670","content_text":"Tesla stock is holding nicely above a rising 50-day moving average and is trading above 700 in the stock market today. \nOne bad thing about Tesla stock is that it doesn't pay a dividend. But, what if we could use options to manufacture our own dividend? \nLet's say I have $45,000 that I want to invest in TSLA stock. I could simply buy some shares and hope the stock rises. \nBut, if I want a more conservative play, I could sell a March 18, 2022-expiring put with a strike price of 450 and set aside the $45,000 in case I am assigned on the short put. \nThat 450 strike put generates around $2,680 in option premium in just under eight months. So, my $45,000 investment into Tesla is giving me a 10.14% annualized \"dividend.\" What's the catch? Well, much like owning Tesla shares, if the stock keeps dropping, I'm going to lose money in the short-term. \nIf Tesla stock is below 450 next March, then I will be forced to buy 100 shares at 450 each. \n10% Annualized Return If Put Expires Worthless\nBut, if TSLA stays above 450, then I achieve a 10.14% per annum return when the put expires worthless. \nCash secured puts are a bullish strategy but are considered slightly less bullish than owning Tesla stock because the potential gains are limited to the premium received. \nThe 450 strike put currently has a delta of 9, so selling this put gives you an exposure roughly equivalent to owning nine shares of Tesla stock, although this will change as the stock moves up and down. \nOne method that can help cut the risk is to turn it into a spread and buy a $250 strike put. This turns the trade into a bull put spread and reduces the capital at risk. \nTesla stock has a Composite Rating of 89, an EPS Rating of 73 and a Relative Strength Rating of 86. \nPlease remember that options are risky, and investors can lose 100% of their investment. \nThis article is for education purposes only and not a trade recommendation. Remember to always do your own due diligence and consult your financial advisor before making any investment decisions. \nGavin McMaster has a Masters in Applied Finance and Investment. He specializes in income trading using options, is very conservative in his style and believes patience in waiting for the best setups is the key to successful trading. Follow him on Twitter at @OptiontradinIQ","news_type":1},"isVote":1,"tweetType":1,"viewCount":264,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159523403,"gmtCreate":1624974838502,"gmtModify":1633946324014,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$54 NIO here we come","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>$54 NIO here we come","text":"$NIO Inc.(NIO)$$54 NIO here we come","images":[{"img":"https://static.tigerbbs.com/ef58141fc855ee46df65d14a113b2db7","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":1,"link":"https://laohu8.com/post/159523403","isVote":1,"tweetType":1,"viewCount":383,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":194579078,"gmtCreate":1621389361794,"gmtModify":1634189552095,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>HODL","listText":"<a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a>HODL","text":"$NIO Inc.(NIO)$HODL","images":[{"img":"https://static.tigerbbs.com/66e6b0f0c8662038107b3fe1fa7a0179","width":"1170","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/194579078","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":328734857,"gmtCreate":1615559213779,"gmtModify":1703490910785,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Apple car?","listText":"Apple car?","text":"Apple car?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/328734857","repostId":"2118912950","repostType":4,"isVote":1,"tweetType":1,"viewCount":105,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":321539279,"gmtCreate":1615449644191,"gmtModify":1703489185518,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/321539279","repostId":"1180021584","repostType":4,"repost":{"id":"1180021584","pubTimestamp":1615447027,"share":"https://www.laohu8.com/m/news/1180021584?lang=&edition=full","pubTime":"2021-03-11 15:17","market":"us","language":"en","title":"Oracle’s results may not justify investors’ big cloud optimism","url":"https://stock-news.laohu8.com/highlight/detail?id=1180021584","media":"MarketWatch","summary":"Stock buybacks, dividends may be overshadowing middling growth in revenue\nThe financial results from","content":"<p>Stock buybacks, dividends may be overshadowing middling growth in revenue</p>\n<p>The financial results from Oracle Corp. on Wednesday should have some investors wondering about its current lofty valuation.</p>\n<p>Oracle reported fiscal third-quarter results that were slightly better than Wall Street’s expectations, but its stock fell 5% in after-hours trading. It’s possible that after seeing the software giant on the cover of Barron’s last month touting its growth potential, they were disappointed with its actual total revenue growth of 3% in the quarter.</p>\n<p>Its stock has surged nearly 50% in the past year, in part due to optimism that it has transformed into a cloud-computing player. But after Oracle revamped the way it broke down its businesses and combined its legacy software business with its cloud-services business, it’s tricky to tell exactly how much revenue is actually from the cloud.</p>\n<p>Oracle said revenue from cloud services and license support was up 5% to $7.3 billion in the quarter, making up 72% of the total. Chief Executive Safra Catz also told analysts on the company’s call that infrastructure cloud services now have an annualized revenue of more than $2 billion.</p>\n<p>Based on Chairman Larry Ellison’s long list of new cloud customers on the call, Oracle appears to be making many gains in the ERP (enterprise resources software) cloud market, against its rival SAP AG.</p>\n<p>“SAP never rewrote their ERP system for the cloud,” Ellison said, as he explained what he said was an unprecedented migration of ERP customers from SAP to Oracle. “It’s that same 30-year-old code. They never rewrote their ERP system for the cloud and it’s too late for them to start now.”</p>\n<p>While the company is clearly making some inroads into an arena it was late in entering, its revenue growth is still in the single digits. Considering one cloud arena is the fast-growing services/infrastructure business — where Amazon.com Inc.’s AWS business has seen double-digit growth for years — Oracle’s growth is slight. Oracle does have clients in infrastructure, such as Zoom Video Communications Inc.,with others on the way, but it’s still early days. Catz said Oracle was seeing capacity-constraint issues in its cloud-service business, as customers have expanded workloads dramatically. “We have some very large users coming online shortly that will require significant amounts of capacity,” she said.</p>\n<p>“While some compare Oracle to major cloud-infrastructure businesses such as Amazon, Microsoft and Google, the reality is that despite some high-profile wins last year, including Zoom and TikTok, Oracle is still a niche player,” said Scott Kessler, an analyst with Third Bridge, in an email. “Oracle’s status as a cloud company sits somewhere behind Alibaba Cloud and IBM Cloud, with market share of just 2%.”</p>\n<p>Much of the current investor enthusiasm around Oracle can probably be more directly attributed to its hefty stock buybacks, which help boost its earnings per share. Catz pointed out that the last quarter also included a tax benefit of $2.3 billion, “related to the transfer of certain assets between subsidiaries.” Oracle’s board approved a $20 billion increase in stock buybacks.</p>\n<p>Its generous dividend is also attractive. The board raised its quarterly dividend to 32 cents a share, up 33% from 24 cents previously, a decision which Ellison recused himself from, being one of the company’s biggest individual shareholders, with approximately 38% of the shares outstanding.</p>\n<p>“With some technology companies making years of progress over just a few months, many investors now consider growth to be the name of the game,” Kessler added. “Oracle’s growth story has actually been quite cloudy.”</p>\n<p>Oracle is fighting similar problems as IBM Corp.,with a huge entrenched legacy business with customers it does not want to alienate, and a need to find new growth elsewhere. Its embrace of the cloud may bring more growth in the years to come, but for now, Oracle appears to be gaining from its shareholder-friendly tactics, including tax machinations. It has much less to do with real revenue growth.</p>\n<p></p>","source":"market_watch","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>Oracle’s results may not justify investors’ big cloud optimism</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\">\nOracle’s results may not justify investors’ big cloud optimism\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-11 15:17 GMT+8 <a href=https://www.marketwatch.com/story/oracles-results-may-not-justify-investors-big-cloud-optimism-11615427687?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock buybacks, dividends may be overshadowing middling growth in revenue\nThe financial results from Oracle Corp. on Wednesday should have some investors wondering about its current lofty valuation.\n...</p>\n\n<a href=\"https://www.marketwatch.com/story/oracles-results-may-not-justify-investors-big-cloud-optimism-11615427687?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ORCL":"甲骨文"},"source_url":"https://www.marketwatch.com/story/oracles-results-may-not-justify-investors-big-cloud-optimism-11615427687?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1180021584","content_text":"Stock buybacks, dividends may be overshadowing middling growth in revenue\nThe financial results from Oracle Corp. on Wednesday should have some investors wondering about its current lofty valuation.\nOracle reported fiscal third-quarter results that were slightly better than Wall Street’s expectations, but its stock fell 5% in after-hours trading. It’s possible that after seeing the software giant on the cover of Barron’s last month touting its growth potential, they were disappointed with its actual total revenue growth of 3% in the quarter.\nIts stock has surged nearly 50% in the past year, in part due to optimism that it has transformed into a cloud-computing player. But after Oracle revamped the way it broke down its businesses and combined its legacy software business with its cloud-services business, it’s tricky to tell exactly how much revenue is actually from the cloud.\nOracle said revenue from cloud services and license support was up 5% to $7.3 billion in the quarter, making up 72% of the total. Chief Executive Safra Catz also told analysts on the company’s call that infrastructure cloud services now have an annualized revenue of more than $2 billion.\nBased on Chairman Larry Ellison’s long list of new cloud customers on the call, Oracle appears to be making many gains in the ERP (enterprise resources software) cloud market, against its rival SAP AG.\n“SAP never rewrote their ERP system for the cloud,” Ellison said, as he explained what he said was an unprecedented migration of ERP customers from SAP to Oracle. “It’s that same 30-year-old code. They never rewrote their ERP system for the cloud and it’s too late for them to start now.”\nWhile the company is clearly making some inroads into an arena it was late in entering, its revenue growth is still in the single digits. Considering one cloud arena is the fast-growing services/infrastructure business — where Amazon.com Inc.’s AWS business has seen double-digit growth for years — Oracle’s growth is slight. Oracle does have clients in infrastructure, such as Zoom Video Communications Inc.,with others on the way, but it’s still early days. Catz said Oracle was seeing capacity-constraint issues in its cloud-service business, as customers have expanded workloads dramatically. “We have some very large users coming online shortly that will require significant amounts of capacity,” she said.\n“While some compare Oracle to major cloud-infrastructure businesses such as Amazon, Microsoft and Google, the reality is that despite some high-profile wins last year, including Zoom and TikTok, Oracle is still a niche player,” said Scott Kessler, an analyst with Third Bridge, in an email. “Oracle’s status as a cloud company sits somewhere behind Alibaba Cloud and IBM Cloud, with market share of just 2%.”\nMuch of the current investor enthusiasm around Oracle can probably be more directly attributed to its hefty stock buybacks, which help boost its earnings per share. Catz pointed out that the last quarter also included a tax benefit of $2.3 billion, “related to the transfer of certain assets between subsidiaries.” Oracle’s board approved a $20 billion increase in stock buybacks.\nIts generous dividend is also attractive. The board raised its quarterly dividend to 32 cents a share, up 33% from 24 cents previously, a decision which Ellison recused himself from, being one of the company’s biggest individual shareholders, with approximately 38% of the shares outstanding.\n“With some technology companies making years of progress over just a few months, many investors now consider growth to be the name of the game,” Kessler added. “Oracle’s growth story has actually been quite cloudy.”\nOracle is fighting similar problems as IBM Corp.,with a huge entrenched legacy business with customers it does not want to alienate, and a need to find new growth elsewhere. Its embrace of the cloud may bring more growth in the years to come, but for now, Oracle appears to be gaining from its shareholder-friendly tactics, including tax machinations. It has much less to do with real revenue growth.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803704720,"gmtCreate":1627461441560,"gmtModify":1631891770752,"author":{"id":"3572467863337252","authorId":"3572467863337252","name":"Jaywei","avatar":"https://static.tigerbbs.com/beccce245458fd51f01db3fd362d9d9c","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3572467863337252","authorIdStr":"3572467863337252"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let’s go 🐅 ","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Let’s go 🐅 ","text":"$Tiger Brokers(TIGR)$Let’s go 🐅","images":[{"img":"https://static.tigerbbs.com/8cd0f5634979d1942a82bf62be8075a4","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/803704720","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}