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TeslaLegend

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0勋章

2021-10-31

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Weekend reads: Facebook goes Meta — what’s in a name?

2021-12-14

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Morgan Stanley Warns The Fed's Turbo Taper Will Trigger Market Chaos Over "The Next 3-4 Months"

2021-12-13

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Should Investors Take a Second Look at Palantir Technologies?

2021-11-20

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Nasdaq ends atop 16,000 mark for the first time on tech strength

2021-11-06

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U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021

2021-10-23

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Tech Stocks Stumbled While the Dow Hit a New High

2021-10-09

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US IPO Week Ahead: Software, payments, telecom towers, and more in an 8 IPO week

2021-10-06

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For your shopping list: These big tech stocks have dropped as much as 20% over the past month

2021-12-11

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China's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal

2021-11-24

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Shell faces anger over takeover of Australian green energy retailer

2021-10-30

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Wall Street Crime and Punishment: Christian Meissenn And His Penny Stock Pump-And-Dump Games

2021-10-09

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Tesla's Brandenburg factory becomes festival site for 'Giga-Fest'

2021-10-01

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Billionaire Bill Ackman is smoking 'mentor' Warren Buffett with these income stocks

2021-12-14

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Why Microsoft Stock Is The Ultimate Buy And Hold

2021-12-03

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Netflix Stock: What Investors Need to Know

2021-11-26

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Is the Stock Market Open Today? Here Are the Black Friday Hours.

2021-10-31

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Opinion: Big Tech is still headed for its biggest year ever, but Apple and Amazon could cut into fourth quarter profits

2021-10-30

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Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming

2021-10-10

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Is the stock market open on Columbus Day? Yes! But the bond market isn't--Here's why

2021-10-03

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Why Tesla's Q3 Numbers Are 'Eye Popping' and Hard to Poke Holes In

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17:49","market":"us","language":"en","title":"Tesla Bags Top-Rated EV Badge From Edmunds, Rivian Gets Editor's Choice Crown","url":"https://stock-news.laohu8.com/highlight/detail?id=1174747764","media":"Benzinga","summary":"Tesla Inc and Rivian Automotive Inc have secured top awards from automotive research agency Edmunds ","content":"<p><b>Tesla Inc</b>&nbsp;and&nbsp;<b>Rivian Automotive Inc</b>&nbsp;have secured top awards from&nbsp;automotive research agency&nbsp;Edmunds as part of its 2022 rankings.</p>\n<p><b>What Happened:</b>&nbsp;Tesla’s affordable, compact sedan Model 3 has been named the top-rated electric vehicle of the year and the recently launched R1T electric pickup truck from Rivian has been crowned the editor’s choice award.</p>\n<p>Model 3 has now bagged&nbsp;the title for three years in a row, the research agency said.</p>\n<p>“The first all-electric pickup truck to market, it offers an impressive combination of on- and off-road performance, cutting-edge technology and thoughtful utility,” Edmunds said on why R1T bagged editor’s choice award.</p>\n<p>The recently-listed Rivian is backed by&nbsp;<b>Amazon.com Inc</b>&nbsp;and&nbsp;<b>Ford Motor Co</b>. The pre-revenue electric automaker has&nbsp;delivered just 156 electric vehicles but has secured a higher valuation than legacy rivals Ford and&nbsp;<b>General Motors Co</b>.</p>\n<p>The development comes on the heels of Tesla CEO&nbsp;<b>Elon Musk</b>&nbsp;securing two back-to-back Person of The Year awards this week.</p>\n<p><b>Author's Take:</b>Tesla has disrupted the automotive&nbsp;sector&nbsp;with electric vehicles despite resistance from traditional players.</p>\n<p>Those results are now showing as the entire industry, under pressure from governments and consumers, is taking big steps to shift to an all-electric future.</p>\n<p><b>Price Action:</b>Tesla shares closed 1.82% higher at $975.99 a share on Wednesday.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Bags Top-Rated EV Badge From Edmunds, Rivian Gets Editor's Choice Crown</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Bags Top-Rated EV Badge From Edmunds, Rivian Gets Editor's Choice Crown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-16 17:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/12/24637741/tesla-bags-top-rated-ev-badge-from-edmunds-rivian-gets-editors-choice-crown><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc and Rivian Automotive Inc have secured top awards from automotive research agency Edmunds as part of its 2022 rankings.\nWhat Happened: Tesla’s affordable, compact sedan Model 3 has been ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/12/24637741/tesla-bags-top-rated-ev-badge-from-edmunds-rivian-gets-editors-choice-crown\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","RIVN":"Rivian Automotive, Inc."},"source_url":"https://www.benzinga.com/news/21/12/24637741/tesla-bags-top-rated-ev-badge-from-edmunds-rivian-gets-editors-choice-crown","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174747764","content_text":"Tesla Inc and Rivian Automotive Inc have secured top awards from automotive research agency Edmunds as part of its 2022 rankings.\nWhat Happened: Tesla’s affordable, compact sedan Model 3 has been named the top-rated electric vehicle of the year and the recently launched R1T electric pickup truck from Rivian has been crowned the editor’s choice award.\nModel 3 has now bagged the title for three years in a row, the research agency said.\n“The first all-electric pickup truck to market, it offers an impressive combination of on- and off-road performance, cutting-edge technology and thoughtful utility,” Edmunds said on why R1T bagged editor’s choice award.\nThe recently-listed Rivian is backed by Amazon.com Inc and Ford Motor Co. The pre-revenue electric automaker has delivered just 156 electric vehicles but has secured a higher valuation than legacy rivals Ford and General Motors Co.\nThe development comes on the heels of Tesla CEO Elon Musk securing two back-to-back Person of The Year awards this week.\nAuthor's Take:Tesla has disrupted the automotive sector with electric vehicles despite resistance from traditional players.\nThose results are now showing as the entire industry, under pressure from governments and consumers, is taking big steps to shift to an all-electric future.\nPrice Action:Tesla shares closed 1.82% higher at $975.99 a share on Wednesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607566567,"gmtCreate":1639564904641,"gmtModify":1639564907095,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like. Thank you!","listText":"Please like. Thank you!","text":"Please like. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607566567","repostId":"1118737841","repostType":4,"repost":{"id":"1118737841","pubTimestamp":1639560827,"share":"https://www.laohu8.com/m/news/1118737841?lang=&edition=full","pubTime":"2021-12-15 17:33","market":"us","language":"en","title":"After Time, Financial Times Names Elon Musk 2021 Person Of The Year","url":"https://stock-news.laohu8.com/highlight/detail?id=1118737841","media":"Benzinga","summary":"Tesla Inc and SpaceX CEO ElonMuskhas been named the Person of the Year by The Financial Times, two d","content":"<p><b>Tesla Inc</b>&nbsp;and&nbsp;<b>SpaceX</b>&nbsp;CEO&nbsp;<b>ElonMusk</b>has been named&nbsp;<b>the Person of the Year</b>&nbsp;by&nbsp;<b>The Financial Times</b>, two days after&nbsp;<b>Time</b>&nbsp;magazine bestowed on him the same title.</p>\n<p><b>What Happened:</b>FT editor&nbsp;<b>Roula Khalaf</b>&nbsp;saidMusk has revolutionized an industry that was skeptical about Tesla’s electric vehicles and he is starting to do the same thing in space exploration.</p>\n<p>Khalaf said Musk is a “standout figure” amid a lineup of public figures. “For all the eccentric and provocative tweets that strike some as childish, he is one of the most transformational business figures of the era,” Khalaf wrote,&nbsp;explaining why Musk was chosen the Person of the Year for 2021.</p>\n<p>Khalaf said the global auto industry is now unveiling a series of new multibillion-dollar investments to switch to electric vehicles, partly due to government and consumer pressure, but most importantly because they are all trying to catch up with Tesla.</p>\n<p>Khalaf added that Tesla has risen despite years of doubts from rivals and predictions of imminent collapse.</p>\n<p><b>Why It Matters:</b>The two back-to-back recognitions for Musk come amid Tesla stock joining the $1 trillion market cap after shares rose on the back of record third-quarter deliveries and a large order from a rental company.</p>\n<p>Musk-owned SpaceX has made new inroads including flying an all-civilian crew to space for three days and successfully ferrying astronauts to the International Space Station and back.</p>\n<p>Musk, who dreams of colonizing Mars, has also been developing a reusable rocket that he says could deliver 1,000 times more payload than all rockets on earth combined.</p>\n<p><b>Price Action:</b>Tesla shares are up 31.3% so far this year. The stock closed 0.82% lower at $958.51 a share on Tuesday.</p>","source":"lsy1606299360108","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>After Time, Financial Times Names Elon Musk 2021 Person Of The Year</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\">\nAfter Time, Financial Times Names Elon Musk 2021 Person Of The Year\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-15 17:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc and SpaceX CEO ElonMuskhas been named the Person of the Year by The Financial Times, two days after Time magazine bestowed on him the same title.\nWhat Happened:FT editor Roula Khalaf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/news/21/12/24614397/after-time-financial-times-names-elon-musk-2021-person-of-the-year","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118737841","content_text":"Tesla Inc and SpaceX CEO ElonMuskhas been named the Person of the Year by The Financial Times, two days after Time magazine bestowed on him the same title.\nWhat Happened:FT editor Roula Khalaf saidMusk has revolutionized an industry that was skeptical about Tesla’s electric vehicles and he is starting to do the same thing in space exploration.\nKhalaf said Musk is a “standout figure” amid a lineup of public figures. “For all the eccentric and provocative tweets that strike some as childish, he is one of the most transformational business figures of the era,” Khalaf wrote, explaining why Musk was chosen the Person of the Year for 2021.\nKhalaf said the global auto industry is now unveiling a series of new multibillion-dollar investments to switch to electric vehicles, partly due to government and consumer pressure, but most importantly because they are all trying to catch up with Tesla.\nKhalaf added that Tesla has risen despite years of doubts from rivals and predictions of imminent collapse.\nWhy It Matters:The two back-to-back recognitions for Musk come amid Tesla stock joining the $1 trillion market cap after shares rose on the back of record third-quarter deliveries and a large order from a rental company.\nMusk-owned SpaceX has made new inroads including flying an all-civilian crew to space for three days and successfully ferrying astronauts to the International Space Station and back.\nMusk, who dreams of colonizing Mars, has also been developing a reusable rocket that he says could deliver 1,000 times more payload than all rockets on earth combined.\nPrice Action:Tesla shares are up 31.3% so far this year. The stock closed 0.82% lower at $958.51 a share on Tuesday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":935,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607566299,"gmtCreate":1639564882775,"gmtModify":1639564885161,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like. Thank you!","listText":"Please like. Thank you!","text":"Please like. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/607566299","repostId":"1107007095","repostType":4,"repost":{"id":"1107007095","pubTimestamp":1639562012,"share":"https://www.laohu8.com/m/news/1107007095?lang=&edition=full","pubTime":"2021-12-15 17:53","market":"sg","language":"en","title":"SIA to replace Boeing freighters with fuel-efficient Airbus A350F","url":"https://stock-news.laohu8.com/highlight/detail?id=1107007095","media":"businesstimes","summary":"SINGAPORE Airlines (SIA)will replace its fleet of Boeing 747-400F freighters with the newly launched","content":"<div>\n<p>SINGAPORE Airlines (SIA)will replace its fleet of Boeing 747-400F freighters with the newly launched, more fuel-efficient Airbus A350F freighter aircraft.\nThe national carrier has signed a letter of ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/sia-to-replace-boeing-freighters-with-fuel-efficient-airbus-a350f\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","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>SIA to replace Boeing freighters with fuel-efficient Airbus A350F</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSIA to replace Boeing freighters with fuel-efficient Airbus A350F\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-15 17:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/companies-markets/sia-to-replace-boeing-freighters-with-fuel-efficient-airbus-a350f><strong>businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SINGAPORE Airlines (SIA)will replace its fleet of Boeing 747-400F freighters with the newly launched, more fuel-efficient Airbus A350F freighter aircraft.\nThe national carrier has signed a letter of ...</p>\n\n<a href=\"https://www.businesstimes.com.sg/companies-markets/sia-to-replace-boeing-freighters-with-fuel-efficient-airbus-a350f\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C6L.SI":"新加坡航空公司"},"source_url":"https://www.businesstimes.com.sg/companies-markets/sia-to-replace-boeing-freighters-with-fuel-efficient-airbus-a350f","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107007095","content_text":"SINGAPORE Airlines (SIA)will replace its fleet of Boeing 747-400F freighters with the newly launched, more fuel-efficient Airbus A350F freighter aircraft.\nThe national carrier has signed a letter of intent with the French planemaker to purchase 7 A350F freighters, with options for another 5, the mainboard-listed airline group said in a bourse filing on Wednesday (Dec 15).\nIt added that the deliveries are scheduled to begin in the fourth quarter of 2025, making SIA the first airline to operate this new generation widebody freighter aircraft.\nThe freighters, under the agreement, will be delivered in place of 15 A320neo and 2 A350-900 passenger aircraft that are in its order book. This allows, SIA noted, the airline group to manage its capital expenditure, while continuing with the essential freighter renewal.\nThe A350F can carry a similar volume of freight as the Boeing 747-400F, but burns up to 40 percent less fuel and features a longer range.\nThe renewal comes as the group reported a record cargo-flown revenue of over S$1.8 billion for the first half of financial year 2022 or up 51.2 percent, amid a capacity crunch in air and ocean freight.\nCargo has cushioned the financial impact of the pandemic on SIA as air travel has been hit.\nGoh Choon Phong, SIA's chief executive, said: \"The pandemic has underscored the importance of investing in the cargo business, and bolstering the SIA Group's diverse revenue streams. Air cargo also plays a vital role in keeping open global supply chains, especially to transport essential goods during these times.\"\nSIA shares closed 1 cent lower at S$4.92 on Wednesday, before this filing was made.","news_type":1},"isVote":1,"tweetType":1,"viewCount":806,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607566889,"gmtCreate":1639564870067,"gmtModify":1639564872525,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like. Thank you!","listText":"Please like. Thank you!","text":"Please like. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607566889","repostId":"1103453633","repostType":4,"repost":{"id":"1103453633","pubTimestamp":1639563447,"share":"https://www.laohu8.com/m/news/1103453633?lang=&edition=full","pubTime":"2021-12-15 18:17","market":"sg","language":"en","title":"Singapore stocks close lower on Wednesday, STI down 0.2%","url":"https://stock-news.laohu8.com/highlight/detail?id=1103453633","media":"Businesstimes","summary":"TRADERS approached markets with caution on Wednesday, amid continued worries over the usual suspects","content":"<div>\n<p>TRADERS approached markets with caution on Wednesday, amid continued worries over the usual suspects - potential tapering by the US Federal Reserve and the Omicron variant.\nThe benchmark Straits Times...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/local-stocks-close-lower-on-wednesday-sti-down-02\">Web Link</a>\n\n</div>\n","source":"lsy1607307803821","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>Singapore stocks close lower on Wednesday, STI down 0.2%</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\">\nSingapore stocks close lower on Wednesday, STI down 0.2%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-15 18:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/local-stocks-close-lower-on-wednesday-sti-down-02><strong>Businesstimes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TRADERS approached markets with caution on Wednesday, amid continued worries over the usual suspects - potential tapering by the US Federal Reserve and the Omicron variant.\nThe benchmark Straits Times...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/local-stocks-close-lower-on-wednesday-sti-down-02\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.businesstimes.com.sg/stocks/local-stocks-close-lower-on-wednesday-sti-down-02","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103453633","content_text":"TRADERS approached markets with caution on Wednesday, amid continued worries over the usual suspects - potential tapering by the US Federal Reserve and the Omicron variant.\nThe benchmark Straits Times Index fell 0.2 per cent or 6.21 points to end Wednesday at 3,114.88. Across the broader market, decliners surged past advancers 264 to 180, after 883.4 million securities worth a total of S$761.8 million changed hands.\nIG market strategist Yeap Jun Rong noted that a \"wait-and-see stance\" would likely prevail across markets in the region ahead of the Federal Open Market Committee (FOMC) meeting, as traders are looking to sidestep additional risks.\n\"The FOMC outcome will likely see markets scrutinising on three aspects: the pace of tightening, the outlook for rate hikes and the economic forecasts,\" said Yeap.\n\"Thus far, market expectations may be pricing for a potential doubling of (the) tapering pace (US$30 billion), with 2 to 3 rate hikes by the end of 2022.\"\nAn outcome which suggests either a larger monthly reduction in asset purchases by the Fed or a shift in policymakers' support for 3 rate hikes next year, he added, may paint a \"more hawkish outcome\" that could potentially weigh on equities.\nAcross Asia, markets made only slight gains at best. The Kospi added 0.05 per cent; the Nikkei 225 gained 0.1 per cent, and the KLCI gained 0.1 per cent. Meanwhile, the Hang Seng Index fell 0.9 per cent and the ASX 200 shed 0.7 per cent.\nOn the local bourse, thinly-traded Great Eastern Holdings was the top gainer. The counter closed at S$20.43, up 1.2 per cent or S$0.25. Jardine Cycle and Carriagewas another top advancer, adding 0.3 per cent or S$0.07 to S$21.27.\nThe trio of local lenders ended the day mixed. OCBC was down 0.3 per cent or S$0.03 to S$11.29. Meanwhile, DBS was up 0.2 per cent or S$0.06 to S$31.90 and UOB added 0.2 per cent or S$0.04 to S$26.68.\nA number of tech plays were among the biggest decliners. AEM Holdings was the biggest loser of the day, falling 3.9 per cent or S$0.21 to S$5.14. Venture Corporation was down 0.4 per cent or S$0.07 to S$18.50; Nanofilm Technologies shed 1.5 per cent or S$0.06 to S$3.88, and iFast lost 0.6 per cent or S$0.05 to S$8.09. Micro-Mechanics also slipped 1.5 per cent or S$0.05 to S$3.30.\nDisa Limited was the most heavily traded counter on Wednesday, with some 72.3 million shares changing hands. The counter closed at $0.005, up 25 per cent or S$0.001.\nOther heavily traded stocks included Hatten Land, Metech International and HGH Holding.","news_type":1},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607566319,"gmtCreate":1639564849578,"gmtModify":1639564852075,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like. Thank you!","listText":"Please like. Thank you!","text":"Please like. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607566319","repostId":"1127823285","repostType":4,"repost":{"id":"1127823285","pubTimestamp":1639564440,"share":"https://www.laohu8.com/m/news/1127823285?lang=&edition=full","pubTime":"2021-12-15 18:34","market":"us","language":"en","title":"Stock Futures Hover, Oil Falls Ahead of Fed Decision","url":"https://stock-news.laohu8.com/highlight/detail?id=1127823285","media":"WSJ","summary":"U.S. stock futures paused and oil prices fell ahead of a highly-anticipated Federal Reserve policy d","content":"<p>U.S. stock futures paused and oil prices fell ahead of a highly-anticipated Federal Reserve policy decision that is expected to clarify the central bank’s plans to unwind stimulus measures.</p>\n<p>Futures tied to the S&amp;P 500 oscillated between small gains and losses, pointing to the broad-market index hovering after it closed down 0.8% Tuesday. It has retreated 1.7% this week. Nasdaq-100 futures and Dow Jones Industrial Average futures were also little changed.</p>\n<p>Investors are awaiting an update from the Fed at 2 p.m. ET, followed by a media conference, that will signal whether the central bank will act more forcefully to temper inflation.</p>\n<p>“What’s really coming in context is that inflation is hotter for longer than expected and the Fed is acknowledging it,” said Esty Dwek, chief investment officer at FlowBank. “There’s also the view that new variants are not just a concern for growth, but a concern for inflation.”</p>\n<p>U.S. consumer prices&nbsp;hit a 39-year high Fridayand producer prices&nbsp;notched a record&nbsp;this week. Fed Chair Jerome Powell said recently that the central bank is prepared to accelerate tapering, clearing the way to hike interest rates next year, despite the risks to economic growth posed by the Omicron variant.</p>\n<p>Oil prices fell Wednesday, with global benchmark Brent crude declining 1.1% to $72.95 a barrel, as expectations of a faster pullback in Fed stimulus weighed on prices. The International Energy Agency said Tuesday it had&nbsp;reduced its forecast for 2022 energy demand, due to Omicron, and also cut its supply outlook.</p>\n<p>This comes as more information is emerging about the Omicron variant. The first large real-world study showed that the efficacy of twoPfizershotsdeclined against the strain, both for infection and hospitalization. The variant currently accounts for about3% of cases in the U.S.</p>\n<p>“Companies and consumers have become very good at adapting to these variants,” Ms. Dwek said. The key risk is supply-chain disruptions lasting longer than expected because of China’s zero Covid policy, she added.</p>\n<p>Retail sales for November are slated to go out at 8:30 a.m. Wednesday.</p>\n<p>The yield on the benchmark 10-year Treasury note edged down to 1.429% Wednesday from 1.437% Tuesday.</p>\n<p>Cryptocurrency dogecoin stabilized after&nbsp;Tuesday’s surge, edging down 4.2% compared with its level at 5 p.m. Bitcoin also ticked down, trading at around $48,000.</p>\n<p>Overseas, the pan-continental Stoxx Europe 600 rose 0.4%. Belgian conglomerate Etablissementen FranzColruytdeclined over 8% after reporting a sharp drop in operating profit. Shares of mining companies also slipped, with Rio Tinto falling 2% andAnglo American&nbsp;down 1.4%.</p>\n<p>In Asia, most major benchmarks closed down. The Shanghai Composite Index retreated 0.4%, while Hong Kong’s Hang Seng Index lost 0.9%.</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>Stock Futures Hover, Oil Falls Ahead of Fed Decision</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\">\nStock Futures Hover, Oil Falls Ahead of Fed Decision\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-15 18:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/global-stock-markets-dow-update-12-15-2021-11639557619?mod=hp_lead_pos2><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stock futures paused and oil prices fell ahead of a highly-anticipated Federal Reserve policy decision that is expected to clarify the central bank’s plans to unwind stimulus measures.\nFutures ...</p>\n\n<a href=\"https://www.wsj.com/articles/global-stock-markets-dow-update-12-15-2021-11639557619?mod=hp_lead_pos2\">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://www.wsj.com/articles/global-stock-markets-dow-update-12-15-2021-11639557619?mod=hp_lead_pos2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127823285","content_text":"U.S. stock futures paused and oil prices fell ahead of a highly-anticipated Federal Reserve policy decision that is expected to clarify the central bank’s plans to unwind stimulus measures.\nFutures tied to the S&P 500 oscillated between small gains and losses, pointing to the broad-market index hovering after it closed down 0.8% Tuesday. It has retreated 1.7% this week. Nasdaq-100 futures and Dow Jones Industrial Average futures were also little changed.\nInvestors are awaiting an update from the Fed at 2 p.m. ET, followed by a media conference, that will signal whether the central bank will act more forcefully to temper inflation.\n“What’s really coming in context is that inflation is hotter for longer than expected and the Fed is acknowledging it,” said Esty Dwek, chief investment officer at FlowBank. “There’s also the view that new variants are not just a concern for growth, but a concern for inflation.”\nU.S. consumer prices hit a 39-year high Fridayand producer prices notched a record this week. Fed Chair Jerome Powell said recently that the central bank is prepared to accelerate tapering, clearing the way to hike interest rates next year, despite the risks to economic growth posed by the Omicron variant.\nOil prices fell Wednesday, with global benchmark Brent crude declining 1.1% to $72.95 a barrel, as expectations of a faster pullback in Fed stimulus weighed on prices. The International Energy Agency said Tuesday it had reduced its forecast for 2022 energy demand, due to Omicron, and also cut its supply outlook.\nThis comes as more information is emerging about the Omicron variant. The first large real-world study showed that the efficacy of twoPfizershotsdeclined against the strain, both for infection and hospitalization. The variant currently accounts for about3% of cases in the U.S.\n“Companies and consumers have become very good at adapting to these variants,” Ms. Dwek said. The key risk is supply-chain disruptions lasting longer than expected because of China’s zero Covid policy, she added.\nRetail sales for November are slated to go out at 8:30 a.m. Wednesday.\nThe yield on the benchmark 10-year Treasury note edged down to 1.429% Wednesday from 1.437% Tuesday.\nCryptocurrency dogecoin stabilized after Tuesday’s surge, edging down 4.2% compared with its level at 5 p.m. Bitcoin also ticked down, trading at around $48,000.\nOverseas, the pan-continental Stoxx Europe 600 rose 0.4%. Belgian conglomerate Etablissementen FranzColruytdeclined over 8% after reporting a sharp drop in operating profit. Shares of mining companies also slipped, with Rio Tinto falling 2% andAnglo American down 1.4%.\nIn Asia, most major benchmarks closed down. The Shanghai Composite Index retreated 0.4%, while Hong Kong’s Hang Seng Index lost 0.9%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":534,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607996353,"gmtCreate":1639469212820,"gmtModify":1639469213401,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607996353","repostId":"1101780765","repostType":4,"repost":{"id":"1101780765","pubTimestamp":1639467407,"share":"https://www.laohu8.com/m/news/1101780765?lang=&edition=full","pubTime":"2021-12-14 15:36","market":"us","language":"en","title":"Why Microsoft Stock Is The Ultimate Buy And Hold","url":"https://stock-news.laohu8.com/highlight/detail?id=1101780765","media":"Seeking Alpha","summary":"Summary\n\nMicrosoft offers various products over three different divisions, many of which exhibit inc","content":"<p><b>Summary</b></p>\n<ul>\n <li>Microsoft offers various products over three different divisions, many of which exhibit incredibly strong moats and subsequently dominate their respective markets.</li>\n <li>Microsoft enjoys incredibly strong operating efficiencies and is able to monetize its products at a level far above its peers.</li>\n <li>Microsoft has an incredibly strong capital position, with top bond ratings from Moody’s and Standard &amp; Poor’s.</li>\n <li>Microsoft maintains low risk, outperformed during the recent COVID crash, and has consequently outperformed the broader market by a wide margin over the last two years.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd13176456827fe134fc15a4ce7b3d61\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>HJBC/iStock Editorial via Getty Images</span></p>\n<p>In an era where tech stocks have dominated the public markets, Microsoft's (MSFT) success has been nothing short of extraordinary. The two and a half trillion dollar company falls second only to Apple (AAPL) in outright value. Yet, for as long as there are successful companies, there will be doubters warning of certain demise. The constant cries, \"It's here! Get out while you can!\" ring out until, eventually, the nihilistic army is right. The tech giants are often a focus of much of the skeptics' ire, as it can be pretty hard to justify that a company, such as Microsoft, can truly be worth more than 96.4% of countries in the world&nbsp;by GDP. This article will offer a logical breakdown of how Microsoft has earned its valuation and why there may even still be some room to go.</p>\n<p><b>Corporate Summary</b></p>\n<p>Microsoft, founded in 1975, was created to provide operating solutions for some of the world's first commercial microcomputers and, specifically, for the Altair 8800. Currently, Microsoft has its software operating&nbsp;74.27%&nbsp;of all laptops and desktop computers in the world. Unquestionably, this is far beyond any ambitions that Bill Gates and Paul Allen held when the company was first created. A portmanteau of microcomputer software, Microsoft is still heavily grounded in its roots in software engineering, though it's now grown to become so much more.</p>\n<p>Microsoft breaks its operations down into three segments, Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. All three of these segments rely on Microsoft's industry-leading software, though all three also contain far more. Within&nbsp;Productivity and Business Processes, Microsoft operates its Office 365 suite of products, which include Word, PowerPoint, Excel, etc., and is geared towards both commercial and consumer markets. Microsoft also includes LinkedIn, the popular networking social media site, and Dynamics 365, a customer relationship management (\"CRM\") service, in this division.</p>\n<p>This sector contains the products with perhaps the widest competitive moats of any in the company's arsenal. Sure, LinkedIn doesn't exactly have as many users as Facebook (FB) or Twitter (TWTR), but it exists in a completely different space. There's no other online platform in which people can congregate in a professional setting. The niche in which LinkedIn occupies allows it to be the default service for its specific application, and is still only&nbsp;86 million active users&nbsp;behind&nbsp;Twitter's 396 million active users&nbsp;even though the latter's platform is far more open-ended.</p>\n<p>Office 365 offers some of the most iconic computer programs in the world. Especially in the business field, the Office 365 suite is<i>the</i>standard for spreadsheets, presentations, and word documents. Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Cloud, formerly the G Suite, has made significant headroom in recent years but, when it comes to paid users,Office still dominates. While Google had about six million paying users last year, Microsoft had about 258 million. Dynamics 365 is the clear outlier here, as it's not exactly at the top of its field. No, that title belongs to Salesforce (CRM), which controls 19.5% of&nbsp;the CRM market. Dynamics 365 has a far more modest 4%, just .8% behind second-place SAP (SAP).</p>\n<p>Microsoft's Intelligent Cloud division&nbsp;has been its fastest-growing sector over the last few years, led by its cloud computing service, Azure. Azure's revenue grew by 50% over last year, and is grouped into the subcategory of 'server products and cloud services.' Server product revenue grew by just 6%, while enterprise services revenue grew by 8% since last year. Thus, the Intelligent Cloud division's 24% growth in revenue is driven almost entirely from Azure, which looks poised to continue its rapid expansion.</p>\n<p>Most of this growth comes naturally, as the cloud computing market experiences some fairly intense growth. Currently valued at $445.3 billion, the market&nbsp;is expected&nbsp;to grow at a CAGR of 16.3% through 2026, reaching a value of $947.3 billion by 2026. Though Amazon Web Services (\"AWS\") (AMZN) continues to lead the sector, Azure is starting to draw nearer. In 2019,AWS held 44.6%&nbsp;of the cloud computing market. As of the first quarter of this year,it held 32%. This is still 12% ahead of second-place Azure, which itself is 11% ahead of the next closest competitor. The cloud computing market seems to be mostly a two-horse race, with Microsoft fighting to claw back Amazon's early lead. Perhaps&nbsp;the recent AWS outage&nbsp;could help Microsoft gain further momentum in this fight.</p>\n<p>More Personal Computing&nbsp;is the division where the vast majority of Microsoft's direct relationship with consumers is built. Of course, the products themselves are important in the sense that they generate sales for the company, but this is also where Microsoft grows its brand. Azure is an incredibly important component of Microsoft's future, but when people boot up their computer to watch Netflix (NFLX), they're not exactly thinking about AWS.</p>\n<p>Within this division, Microsoft breaks down its operations into four subcategories. Windows is the descendant of that first system developed for the Altair 8800 and is the largest component of Microsoft's Personal Computing division&nbsp;by sales. As far as the public's perception of Microsoft is concerned, the Windows operating system (\"OS\") is perhaps the most important component of Microsoft's business. Gaming is another strong component of Microsoft's Personal Computing division. Strong growth for the sector was driven by&nbsp;the rather successful launch&nbsp;of new gaming hardware in the Xbox Series X|S. The other two categories within this sector are search advertising, primarily from search engine Bing and web browser Microsoft Edge, and Surface devices.</p>\n<p>Windows OS dominates&nbsp;the global computing market, as the operating system for 87.56% of laptops and desktops in the world. Apple's (AAPL) Mac OS comes up second, with 9.54% of the global market share. When it comes to moats and absolute market domination, you'd be hard-pressed to find a better example than Windows. Gaming is a bit of a different story.</p>\n<p>Sony's (SONY) PlayStation 5 (\"PS5\") is the direct competitor to Microsoft's Xbox. While the Nintendo (OTCPK:NTDOY) Switch is another popular gaming console, it doesn't really compete against Xbox or PlayStation. The Switch offers a unique experience, exemplified by the fact that&nbsp;71% of Switch owners also own another console. Despite the launch of new generation Xbox consoles being the \"most successful in [Microsoft's] history,\"PS5 sales have yet again toppled Xbox sales, outselling Microsoft by 67.5%. Though, even as the runner up, as a leader in a rapidly growing gaming industry, there's plenty for Microsoft to look forward to.</p>\n<p>The Surface lineup is still fairly young, though it seems to have settled into a&nbsp;3% market share. While the company continues to try to improve the lineup with more diverse offerings and improved hardware, the Surface lineup likely won't become a major component of Microsoft's business in the near future. Bing and Microsoft Edge are clear losers to Google Chrome and Google. Unlike the gaming industry, there isn't really much to be had as one of the leaders. Google Chrome dominates&nbsp;the web browser field, with 65.27% of all internet traffic. Microsoft Edge has just 3.4%, in third place behind Safari's 18.34%. Google dominates&nbsp;the search engine field&nbsp;even more, with 92.6% of all traffic. Bing is second, with just 2.3%. Really, Microsoft is just left picking up the scraps of Google and these two services aren't really some of Microsoft's finest.</p>\n<p><b>Financials Analysis</b></p>\n<p>It is important to note Microsoft's financial reporting schedule here. Microsoft's fiscal year ends June 30th, meaning that the discussion of 'past year' financials will refer to the period starting July 1st, 2020 to June 30th, 2021, otherwise known as&nbsp;FY2021, unless specifically noted. Examining the company's segment information provides the most intimate understanding of Microsoft's operations. This breakdown demonstrates that server products and cloud services is Microsoft's largest subsector, by revenue, followed by Office products and Windows.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b11977a676b14d557dd3f28130d8cc6a\" tg-width=\"1132\" tg-height=\"274\" width=\"100%\" height=\"auto\"><span>Source: Microsoft</span></p>\n<p>LinkedIn is another valuable component to the Microsoft story. Because of its professional focus, it is far more monetizable than most social media platforms. Let's go back to the earlier comparison with Twitter to highlight this. Despite having 22% less active users than Twitter, LinkedIn generates 177% more revenue (Twitter's&nbsp;$3.716 billion&nbsp;versus LinkedIn's $10.289 billion). Another way to view this, is that Twitter makes about $9.38 per user while LinkedIn makes $33.19 per user. This is a staggering difference, though I suppose it's fitting that the social media site centered around business is the best at conducting it.</p>\n<p>LinkedIn isn't the only operation where Microsoft seems to have mastered the art of monetization. Microsoft's Office suite brought in about $39.872 billion over FY2021. While Microsoft doesn't disclose the product's operating margin, Productivity and Business Processes operates at a 45.17% margin and Office represents 73.95% of the division's sales, so it's safe to assume that it's around there. Google's G suite brought in $13.059 billion in&nbsp;sales during FY2020, though operated at an overall loss of $5.607 billion.</p>\n<p>Microsoft's recent growth has been rather impressive. The company took revenue from $143.051 billion in 2020 up to $168.088 billion in 2021, or +17.5%, while the cost of revenue only increased 13.36% in the same period. Net Income rose from $44.281 billion in 2019 to $61.271 billion in 2020, or 38.37%, far outpacing the rate of growth of revenues. This healthy growth, seeing revenue outpace expenses, means that Microsoft is not only increasing its sales but also its operating efficiency. The graph below demonstrates Microsoft's strong operating margin growth, especially since 2015, and operating margin now the highest it's been in those ten years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af52c96587103f7ac9b6cb9f8f820c2a\" tg-width=\"480\" tg-height=\"289\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p>Microsoft has also experienced a period of fairly strong liquidity, as seen by the figure below. Inventories are fairly low for the company, representing only $2.636 billion of Microsoft's $1084.406 billion in current assets, as its Surface laptops and Xbox gaming consoles are really the only physical products that Microsoft sells. This helps keep the company's quick ratio high, which hasn't dipped below 1.9 in the past ten years. Thus, despite holding $191.791 billion in total liabilities, Microsoft is highly capable of fulfilling any debt obligations.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3a59c6bf53d0d99d7abbe13e66c009\" tg-width=\"481\" tg-height=\"289\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p>Speaking of its ability to fulfill its debt obligations,Microsoft currently holds&nbsp;a AAA rating from Standard &amp; Poor's and an Aaa rating from Moody's. Both of these are the top of the respective firms' grading scale and reflect the company's incredible debt management. Beginning with Microsoft's ability to make good on its interest payments, the company's current interest coverage ratio of 29.8 is the highest it's been since 2014. With the company's operations able to generate enough money to cover interest payments almost 30 times over, there is incredibly little risk of Microsoft defaulting on interest payments. What's really rather astounding, is the company's market debt ratio. Debt makes up just 4% of the company's total market value, meaning Microsoft could easily cover all liabilities by raising new equity without significant dilution to shareholders. Though, as the company's financial health continues to simply improve, the only criticism here is that perhaps Microsoft could take on some more leverage to increase its return to shareholders. Though, it's not as if the company is really in a position where it needs to raise capital.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ec9d1087f0b8b7f2aa308ae9b718dba\" tg-width=\"832\" tg-height=\"295\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p>Looking towards Microsoft's retained earnings, the company bought back $21.879 billion worth of shares last year. The company also paid out $16.871 billion in its quarterly dividend of $.56 per share. Even still, Microsoft saw its retained earnings increase from $34.566 billion in FY2020 to $57.055 billion this past year on account of its $61.271 billion in net income. In response, the Board&nbsp;has approved&nbsp;a $60 billion share buyback program and increased its quarterly dividend payout by 11%. While debt might be able to increase shareholder rewards even more, it isn't something that is necessarily advisable.</p>\n<p>In Microsoft's cash flows, investing activities contributed to a $27.577 billion loss, a $125.62% increase over last year. This primarily came from larger investments in property and equipment, as well as the acquisition of companies, net of cash acquired, and purchase of intangible assets. This use of capital is good to see, as Microsoft has plenty of it to spend and, while buybacks and dividends are nice, growing the business is always the top priority.</p>\n<p><b>Thesis Risks</b></p>\n<p>When examining the greatest macro threats to Microsoft's operations, antitrust suits are always a potential danger. Back in 2001, Microsoft had to settle&nbsp;a suit&nbsp;with the Department of Justice (\"DOJ\") after it was sued for allegedly violating the Sherman Antitrust Act with its acquisition and integration of Internet Explorer into Windows. While the initial verdict would have seen Microsoft split its business into two separate units, Windows and other software components, the settlement ended up being&nbsp;largely inconsequential.</p>\n<p>Yet, after&nbsp;Google,Facebook, and&nbsp;Amazon&nbsp;all faced new antitrust cases in 2021, and Apple&nbsp;lost some control over the App Store&nbsp;over monopolistic practices and&nbsp;reportedly&nbsp;has an antitrust suit from the DOJ looming, Microsoft remains untouched. The reason for this may be rather simple. While the company didn't exactly go through a period of extreme reformation after its high-profile antitrust case some 20 years ago, it hasn't gotten any more abusive. Perhaps they even learned from it, as Brad Smith, President of Microsoft,said&nbsp;\"When I look back at it from Microsoft's perspective, it did mean many things, but I also think when I try to prioritize it in my own mind, it meant one thing more than any other: It was a part of the maturing of Microsoft.\" Perhaps this maturity has allowed Microsoft to play nice from then on, succeeding and succeeding fairly.</p>\n<p>Size alone is not cause for an antitrust suit, as people aren't exactly clamoring to bring down Walmart (WMT). For antitrust suits to be launched, competitors must be disgruntled. Microsoft hasn't really had any,except Slack, which means that there isn't really anything to launch an antitrust case on. The case with Slack is reminiscent of the 2001 case, as they argue against the integration of Microsoft Teams in Windows OS as an unfair advantage.</p>\n<p>Regardless, it doesn't seem that Microsoft carries the same ire as its tech peers. John Lopatka, an antitrust expert and professor at Penn State,said&nbsp;of the matter \"Microsoft simply may be maintaining its market share by being a good competitor.\" Herbert Hovenkamp, a professor at the University of the Pennsylvania Law School and antitrust expert, added to this idea, saying \"You have got to identify some product where there is both dominance and an exclusionary practice and it's kind of hard to find one [with Microsoft]. That's, I think, the bottom line.\" With this in mind, I'm not sure that investors have too much to worry on the legal front.</p>\n<p>Other risks that Microsoft faces include increasing competitive threats and lackluster returns from new investments. One example of such a failure may be the Surface lineup. While it may be a bit harsh to call the product a failure, the device has been a source of&nbsp;disappointmentsince its release in 2013. Though the company can't grow without taking some risks and Azure represents a highly successful implementation of a newer sector.</p>\n<p>Beyond the greater macro threats to Microsoft's valuation, it is also important to consider the general market riskiness of Microsoft's stock. With a beta of .98 for the past 52 weeks,according to FactSet, Microsoft trades incredibly closely to the broader market and does not exhibit abnormally high volatility. For risk-averse traders, this is a rather comforting sign. Even during the COVID pandemic, shares of Microsoft slipped by only around 25%, again demonstrating the ability for the company to mitigate periods of extreme volatility. Such outperformance during otherwise bleak periods is part of what makes Microsoft&nbsp;a favorite among hedge funds.</p>\n<p>Microsoft's beta of .98 also makes the current cost of raising funds via equity 5.8%, again using data from FactSet. The cost of financing via debt is just 1.63%, though only 2.05% of Microsoft's capital is raised from debt. Keeping in mind the earlier discussion regarding the company's debt management, it does seem a bit strange that the company doesn't utilize debt a bit more given how strong its cash position is. Though, 5.8% still isn't terribly extreme.</p>\n<p><b>Valuation Discussion</b></p>\n<p>When looking at how to value the company, with its hands in so many different pockets, examining a relative P/S ratio is a good place to start. Because Microsoft doesn't disclose the income of its various products, price to sales is the only way to provide an accurate comparison of Microsoft and its peers. To create a fair benchmark, Microsoft first must be broken down into its revenue by sector, or product. The figure below does exactly that.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cab8a591c6c50358e5dc010e6bfdad74\" tg-width=\"465\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Author's Creation Using Data From Microsoft</span></p>\n<p>Going by category, the current P/S ratio of the computer processing and cloud services industry&nbsp;is currently 5.11. Office products and cloud services doesn't exactly have a distinct industry to be lumped into, as it dominates its own sector, so I combined it with Windows in the software and programming industry, which currently has a P/S ratio&nbsp;of 10.82. Gaming doesn't seem to have a publicly-available P/S ratio, so I used&nbsp;this list&nbsp;of the top 25 gaming companies by revenue to find it myself, discounting companies that don't conduct the vast majority of their business in gaming. I found the average P/S ratio to be 4.41.</p>\n<p>The internet services and social media industry currently has&nbsp;a P/S ratio of 8.37, which I also included Search Advertising in for a similar reason to office products and cloud services - Google dominates the market. Professional services companies currently trade at&nbsp;a P/S of 4.99, which I ascribed to enterprise services. I categorized devices as consumer electronics, which currently trades ata&nbsp; P/S of 5.29. For other, I simply used the P/S of the average S&amp;P 500 company,which is 3.12. Microsoft's P/S ratio, for the trailing twelve months,is 14.3. Compared to the sector weighted average P/S ratio of 7.5, Microsoft appears to be a bit overvalued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/738ac5e9cda36a37c60861ae77d8ede4\" tg-width=\"696\" tg-height=\"334\" width=\"100%\" height=\"auto\"><span>Source: Author's Creation Using Above Information</span></p>\n<p>Even before calculating the weighted average P/S, it's pretty clear that Microsoft's is going to be higher. After all, not a single sector has a higher average P/S than Microsoft. Though, revenue doesn't really tell the full story of the company. P/S fails to take into account operating efficiencies, which is one of Microsoft's greatest strengths.</p>\n<p>This idea of Microsoft's superior monetization strategies was discussed earlier, as was the company's steadily increasing operating margin. The company's strong performance on these two key metrics means that it is more effective with its sales than its peers, thus justifying a higher P/S ratio. As such, I look at this high P/S more as a testament to the company's incredible operating efficiencies, rather than the company, perhaps, being overvalued.</p>\n<p>As Microsoft continues to extend its operating efficiencies, especially as lower-margin products like the Surface lineup represent a smaller portion of the company's overall sales due to growth in other areas, its lead over peers will only grow. Gaming is a prime example of this. In the new digital era, subscriptions have emerged as the superior form of monetization, hence Microsoft released the Xbox game pass in 2017. Currently,it is rumored&nbsp;that Microsoft now has between 25 million and 30 million game pass subscribers, up from&nbsp;18 million as of January. Examples such as this demonstrate the firm's ability to continue to improve its efficiencies, even as it outperforms peers.</p>\n<p>The other component to consider, when looking at price multiples, is that a high multiple also may simply indicate that the market is expecting high growth. With Microsoft, this is undoubtedly the case. With a consensus&nbsp;long term growth rate of 16.1%&nbsp;among the 38 analysts that cover Microsoft, the expectations have been set.</p>\n<p>Finally, while I do still believe it's a bit inappropriate to simply categorize Microsoft as a software company, it is still the most accurate single label for the tech giant. The software &amp; programming industry has an average&nbsp;P/E ratio of 40.9, which is above&nbsp;Microsoft's P/E ratio&nbsp;of 37.2 for the trailing twelve months. Interestingly, most of&nbsp;the top firms&nbsp;in the sector have a higher P/E than overall the sector average. This seems to indicate that the market views the software industry as an area of significant growth and, given Microsoft's beta of .98, it makes sense that Microsoft is viewed similarly to the rest of the sector. Though, bringing back the discussion of efficiency, remember that the software and programming industry has a P/S ratio of 10.82, below Microsoft's P/S of 14.3. Yet, Microsoft has a lower P/E than the rest of the sector due to its significantly greater efficiency.</p>\n<p>Factoring in Microsoft's growth, the company also maintains a lower PEG than the rest of the sector.According to FactSet, the company has a PEG of 2.1. Compared to the average of 2.56 for its peers, it again seems that Microsoft may actually be a bit undervalued relative to its peers. PEG takes the P/E ratio and divides it by its expected earnings growth rate, allowing growth to be clearly included in this common valuation metric. Because Microsoft also has a lower PEG than its industry peers, it stands to reason that the company's lower P/E isn't simply a result of lower growth expectations.</p>\n<p>As seen below, Microsoft's return on equity (\"ROE\") is above the vast majority of its peers, with Citrix (CTXS) included as an outlier. Because ROE is a measure of net income divided by shareholder's equity, it is effectively a measure of asset efficiency, or how much profit a company's assets are able to produce. The most important thing is that ROE surpasses the cost of raising capital which, even if done completely through equity, is more than accomplished. Microsoft's peers tend to outperform the general market in ROE, indicating a greater sector efficiency overall, though Microsoft clearly takes this efficiency beyond what is typical even for this highly-efficient sector, backing up the above theorizing regarding discrepancies between P/S and P/E. So, with a higher efficiency than the vast majority of its peers by a significant margin and an incredibly healthy capital system, there the only logical conclusion to draw from the company's relatively low P/E and PEG seems to be that it is undervalued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2599f36cbc08b34eb02261dfb9367a5c\" tg-width=\"626\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p><b>Investor Takeaway</b></p>\n<p>It feels a bit strange to say that a company valued as highly as Microsoft is still undervalued, yet that seems to be the reality. Just a few years ago, the idea of a multi-trillion dollar company seemed even a bit fanciful. Yet, here lies Microsoft. A testament to the power of efficiency and responsible growth, Microsoft has earned this value by learning from past mistakes and consistently adapting to new market demands. Though, perhaps it's the company's tremendous size that makes some balk at purchasing the company, thus creating the mispricing. After all, the market will always be an emotional one.</p>\n<p>As this disclosure below notes, I'm long Microsoft. As you might be able to tell from my name, I tend to like investments with a long horizon. Microsoft is, at the moment, the company in my portfolio that I plan to hold the longest. From a long-term perspective, I struggle to see another company that offers a superior investment profile. While the company's recent beta of .98 may suggest that it doesn't outperform the market, and turn away some prospective investors that are \"seeking alpha,\" keep in mind that this is a recovering market. Since January 31, 2020, the S&amp;P 500 has returned ~45%. Over the same period, Microsoft has returned ~99%. This goes back to how well Microsoft performed during the COVID downturn relative to the rest of the market. While the rest of the market was recovering, Microsoft was just performing and, consequently, has dramatically outperformed over this longer horizon. So, the company's ability to generate consistently high returns and mitigate losses during economic hardship makes it the ultimate buy and hold.</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 Microsoft Stock Is The Ultimate Buy And Hold</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 Microsoft Stock Is The Ultimate Buy And Hold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 15:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4474761-why-microsoft-stock-ultimate-buy-hold><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMicrosoft offers various products over three different divisions, many of which exhibit incredibly strong moats and subsequently dominate their respective markets.\nMicrosoft enjoys incredibly...</p>\n\n<a href=\"https://seekingalpha.com/article/4474761-why-microsoft-stock-ultimate-buy-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://seekingalpha.com/article/4474761-why-microsoft-stock-ultimate-buy-hold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101780765","content_text":"Summary\n\nMicrosoft offers various products over three different divisions, many of which exhibit incredibly strong moats and subsequently dominate their respective markets.\nMicrosoft enjoys incredibly strong operating efficiencies and is able to monetize its products at a level far above its peers.\nMicrosoft has an incredibly strong capital position, with top bond ratings from Moody’s and Standard & Poor’s.\nMicrosoft maintains low risk, outperformed during the recent COVID crash, and has consequently outperformed the broader market by a wide margin over the last two years.\n\nHJBC/iStock Editorial via Getty Images\nIn an era where tech stocks have dominated the public markets, Microsoft's (MSFT) success has been nothing short of extraordinary. The two and a half trillion dollar company falls second only to Apple (AAPL) in outright value. Yet, for as long as there are successful companies, there will be doubters warning of certain demise. The constant cries, \"It's here! Get out while you can!\" ring out until, eventually, the nihilistic army is right. The tech giants are often a focus of much of the skeptics' ire, as it can be pretty hard to justify that a company, such as Microsoft, can truly be worth more than 96.4% of countries in the world by GDP. This article will offer a logical breakdown of how Microsoft has earned its valuation and why there may even still be some room to go.\nCorporate Summary\nMicrosoft, founded in 1975, was created to provide operating solutions for some of the world's first commercial microcomputers and, specifically, for the Altair 8800. Currently, Microsoft has its software operating 74.27% of all laptops and desktop computers in the world. Unquestionably, this is far beyond any ambitions that Bill Gates and Paul Allen held when the company was first created. A portmanteau of microcomputer software, Microsoft is still heavily grounded in its roots in software engineering, though it's now grown to become so much more.\nMicrosoft breaks its operations down into three segments, Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. All three of these segments rely on Microsoft's industry-leading software, though all three also contain far more. Within Productivity and Business Processes, Microsoft operates its Office 365 suite of products, which include Word, PowerPoint, Excel, etc., and is geared towards both commercial and consumer markets. Microsoft also includes LinkedIn, the popular networking social media site, and Dynamics 365, a customer relationship management (\"CRM\") service, in this division.\nThis sector contains the products with perhaps the widest competitive moats of any in the company's arsenal. Sure, LinkedIn doesn't exactly have as many users as Facebook (FB) or Twitter (TWTR), but it exists in a completely different space. There's no other online platform in which people can congregate in a professional setting. The niche in which LinkedIn occupies allows it to be the default service for its specific application, and is still only 86 million active users behind Twitter's 396 million active users even though the latter's platform is far more open-ended.\nOffice 365 offers some of the most iconic computer programs in the world. Especially in the business field, the Office 365 suite isthestandard for spreadsheets, presentations, and word documents. Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Cloud, formerly the G Suite, has made significant headroom in recent years but, when it comes to paid users,Office still dominates. While Google had about six million paying users last year, Microsoft had about 258 million. Dynamics 365 is the clear outlier here, as it's not exactly at the top of its field. No, that title belongs to Salesforce (CRM), which controls 19.5% of the CRM market. Dynamics 365 has a far more modest 4%, just .8% behind second-place SAP (SAP).\nMicrosoft's Intelligent Cloud division has been its fastest-growing sector over the last few years, led by its cloud computing service, Azure. Azure's revenue grew by 50% over last year, and is grouped into the subcategory of 'server products and cloud services.' Server product revenue grew by just 6%, while enterprise services revenue grew by 8% since last year. Thus, the Intelligent Cloud division's 24% growth in revenue is driven almost entirely from Azure, which looks poised to continue its rapid expansion.\nMost of this growth comes naturally, as the cloud computing market experiences some fairly intense growth. Currently valued at $445.3 billion, the market is expected to grow at a CAGR of 16.3% through 2026, reaching a value of $947.3 billion by 2026. Though Amazon Web Services (\"AWS\") (AMZN) continues to lead the sector, Azure is starting to draw nearer. In 2019,AWS held 44.6% of the cloud computing market. As of the first quarter of this year,it held 32%. This is still 12% ahead of second-place Azure, which itself is 11% ahead of the next closest competitor. The cloud computing market seems to be mostly a two-horse race, with Microsoft fighting to claw back Amazon's early lead. Perhaps the recent AWS outage could help Microsoft gain further momentum in this fight.\nMore Personal Computing is the division where the vast majority of Microsoft's direct relationship with consumers is built. Of course, the products themselves are important in the sense that they generate sales for the company, but this is also where Microsoft grows its brand. Azure is an incredibly important component of Microsoft's future, but when people boot up their computer to watch Netflix (NFLX), they're not exactly thinking about AWS.\nWithin this division, Microsoft breaks down its operations into four subcategories. Windows is the descendant of that first system developed for the Altair 8800 and is the largest component of Microsoft's Personal Computing division by sales. As far as the public's perception of Microsoft is concerned, the Windows operating system (\"OS\") is perhaps the most important component of Microsoft's business. Gaming is another strong component of Microsoft's Personal Computing division. Strong growth for the sector was driven by the rather successful launch of new gaming hardware in the Xbox Series X|S. The other two categories within this sector are search advertising, primarily from search engine Bing and web browser Microsoft Edge, and Surface devices.\nWindows OS dominates the global computing market, as the operating system for 87.56% of laptops and desktops in the world. Apple's (AAPL) Mac OS comes up second, with 9.54% of the global market share. When it comes to moats and absolute market domination, you'd be hard-pressed to find a better example than Windows. Gaming is a bit of a different story.\nSony's (SONY) PlayStation 5 (\"PS5\") is the direct competitor to Microsoft's Xbox. While the Nintendo (OTCPK:NTDOY) Switch is another popular gaming console, it doesn't really compete against Xbox or PlayStation. The Switch offers a unique experience, exemplified by the fact that 71% of Switch owners also own another console. Despite the launch of new generation Xbox consoles being the \"most successful in [Microsoft's] history,\"PS5 sales have yet again toppled Xbox sales, outselling Microsoft by 67.5%. Though, even as the runner up, as a leader in a rapidly growing gaming industry, there's plenty for Microsoft to look forward to.\nThe Surface lineup is still fairly young, though it seems to have settled into a 3% market share. While the company continues to try to improve the lineup with more diverse offerings and improved hardware, the Surface lineup likely won't become a major component of Microsoft's business in the near future. Bing and Microsoft Edge are clear losers to Google Chrome and Google. Unlike the gaming industry, there isn't really much to be had as one of the leaders. Google Chrome dominates the web browser field, with 65.27% of all internet traffic. Microsoft Edge has just 3.4%, in third place behind Safari's 18.34%. Google dominates the search engine field even more, with 92.6% of all traffic. Bing is second, with just 2.3%. Really, Microsoft is just left picking up the scraps of Google and these two services aren't really some of Microsoft's finest.\nFinancials Analysis\nIt is important to note Microsoft's financial reporting schedule here. Microsoft's fiscal year ends June 30th, meaning that the discussion of 'past year' financials will refer to the period starting July 1st, 2020 to June 30th, 2021, otherwise known as FY2021, unless specifically noted. Examining the company's segment information provides the most intimate understanding of Microsoft's operations. This breakdown demonstrates that server products and cloud services is Microsoft's largest subsector, by revenue, followed by Office products and Windows.\nSource: Microsoft\nLinkedIn is another valuable component to the Microsoft story. Because of its professional focus, it is far more monetizable than most social media platforms. Let's go back to the earlier comparison with Twitter to highlight this. Despite having 22% less active users than Twitter, LinkedIn generates 177% more revenue (Twitter's $3.716 billion versus LinkedIn's $10.289 billion). Another way to view this, is that Twitter makes about $9.38 per user while LinkedIn makes $33.19 per user. This is a staggering difference, though I suppose it's fitting that the social media site centered around business is the best at conducting it.\nLinkedIn isn't the only operation where Microsoft seems to have mastered the art of monetization. Microsoft's Office suite brought in about $39.872 billion over FY2021. While Microsoft doesn't disclose the product's operating margin, Productivity and Business Processes operates at a 45.17% margin and Office represents 73.95% of the division's sales, so it's safe to assume that it's around there. Google's G suite brought in $13.059 billion in sales during FY2020, though operated at an overall loss of $5.607 billion.\nMicrosoft's recent growth has been rather impressive. The company took revenue from $143.051 billion in 2020 up to $168.088 billion in 2021, or +17.5%, while the cost of revenue only increased 13.36% in the same period. Net Income rose from $44.281 billion in 2019 to $61.271 billion in 2020, or 38.37%, far outpacing the rate of growth of revenues. This healthy growth, seeing revenue outpace expenses, means that Microsoft is not only increasing its sales but also its operating efficiency. The graph below demonstrates Microsoft's strong operating margin growth, especially since 2015, and operating margin now the highest it's been in those ten years.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nMicrosoft has also experienced a period of fairly strong liquidity, as seen by the figure below. Inventories are fairly low for the company, representing only $2.636 billion of Microsoft's $1084.406 billion in current assets, as its Surface laptops and Xbox gaming consoles are really the only physical products that Microsoft sells. This helps keep the company's quick ratio high, which hasn't dipped below 1.9 in the past ten years. Thus, despite holding $191.791 billion in total liabilities, Microsoft is highly capable of fulfilling any debt obligations.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nSpeaking of its ability to fulfill its debt obligations,Microsoft currently holds a AAA rating from Standard & Poor's and an Aaa rating from Moody's. Both of these are the top of the respective firms' grading scale and reflect the company's incredible debt management. Beginning with Microsoft's ability to make good on its interest payments, the company's current interest coverage ratio of 29.8 is the highest it's been since 2014. With the company's operations able to generate enough money to cover interest payments almost 30 times over, there is incredibly little risk of Microsoft defaulting on interest payments. What's really rather astounding, is the company's market debt ratio. Debt makes up just 4% of the company's total market value, meaning Microsoft could easily cover all liabilities by raising new equity without significant dilution to shareholders. Though, as the company's financial health continues to simply improve, the only criticism here is that perhaps Microsoft could take on some more leverage to increase its return to shareholders. Though, it's not as if the company is really in a position where it needs to raise capital.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nLooking towards Microsoft's retained earnings, the company bought back $21.879 billion worth of shares last year. The company also paid out $16.871 billion in its quarterly dividend of $.56 per share. Even still, Microsoft saw its retained earnings increase from $34.566 billion in FY2020 to $57.055 billion this past year on account of its $61.271 billion in net income. In response, the Board has approved a $60 billion share buyback program and increased its quarterly dividend payout by 11%. While debt might be able to increase shareholder rewards even more, it isn't something that is necessarily advisable.\nIn Microsoft's cash flows, investing activities contributed to a $27.577 billion loss, a $125.62% increase over last year. This primarily came from larger investments in property and equipment, as well as the acquisition of companies, net of cash acquired, and purchase of intangible assets. This use of capital is good to see, as Microsoft has plenty of it to spend and, while buybacks and dividends are nice, growing the business is always the top priority.\nThesis Risks\nWhen examining the greatest macro threats to Microsoft's operations, antitrust suits are always a potential danger. Back in 2001, Microsoft had to settle a suit with the Department of Justice (\"DOJ\") after it was sued for allegedly violating the Sherman Antitrust Act with its acquisition and integration of Internet Explorer into Windows. While the initial verdict would have seen Microsoft split its business into two separate units, Windows and other software components, the settlement ended up being largely inconsequential.\nYet, after Google,Facebook, and Amazon all faced new antitrust cases in 2021, and Apple lost some control over the App Store over monopolistic practices and reportedly has an antitrust suit from the DOJ looming, Microsoft remains untouched. The reason for this may be rather simple. While the company didn't exactly go through a period of extreme reformation after its high-profile antitrust case some 20 years ago, it hasn't gotten any more abusive. Perhaps they even learned from it, as Brad Smith, President of Microsoft,said \"When I look back at it from Microsoft's perspective, it did mean many things, but I also think when I try to prioritize it in my own mind, it meant one thing more than any other: It was a part of the maturing of Microsoft.\" Perhaps this maturity has allowed Microsoft to play nice from then on, succeeding and succeeding fairly.\nSize alone is not cause for an antitrust suit, as people aren't exactly clamoring to bring down Walmart (WMT). For antitrust suits to be launched, competitors must be disgruntled. Microsoft hasn't really had any,except Slack, which means that there isn't really anything to launch an antitrust case on. The case with Slack is reminiscent of the 2001 case, as they argue against the integration of Microsoft Teams in Windows OS as an unfair advantage.\nRegardless, it doesn't seem that Microsoft carries the same ire as its tech peers. John Lopatka, an antitrust expert and professor at Penn State,said of the matter \"Microsoft simply may be maintaining its market share by being a good competitor.\" Herbert Hovenkamp, a professor at the University of the Pennsylvania Law School and antitrust expert, added to this idea, saying \"You have got to identify some product where there is both dominance and an exclusionary practice and it's kind of hard to find one [with Microsoft]. That's, I think, the bottom line.\" With this in mind, I'm not sure that investors have too much to worry on the legal front.\nOther risks that Microsoft faces include increasing competitive threats and lackluster returns from new investments. One example of such a failure may be the Surface lineup. While it may be a bit harsh to call the product a failure, the device has been a source of disappointmentsince its release in 2013. Though the company can't grow without taking some risks and Azure represents a highly successful implementation of a newer sector.\nBeyond the greater macro threats to Microsoft's valuation, it is also important to consider the general market riskiness of Microsoft's stock. With a beta of .98 for the past 52 weeks,according to FactSet, Microsoft trades incredibly closely to the broader market and does not exhibit abnormally high volatility. For risk-averse traders, this is a rather comforting sign. Even during the COVID pandemic, shares of Microsoft slipped by only around 25%, again demonstrating the ability for the company to mitigate periods of extreme volatility. Such outperformance during otherwise bleak periods is part of what makes Microsoft a favorite among hedge funds.\nMicrosoft's beta of .98 also makes the current cost of raising funds via equity 5.8%, again using data from FactSet. The cost of financing via debt is just 1.63%, though only 2.05% of Microsoft's capital is raised from debt. Keeping in mind the earlier discussion regarding the company's debt management, it does seem a bit strange that the company doesn't utilize debt a bit more given how strong its cash position is. Though, 5.8% still isn't terribly extreme.\nValuation Discussion\nWhen looking at how to value the company, with its hands in so many different pockets, examining a relative P/S ratio is a good place to start. Because Microsoft doesn't disclose the income of its various products, price to sales is the only way to provide an accurate comparison of Microsoft and its peers. To create a fair benchmark, Microsoft first must be broken down into its revenue by sector, or product. The figure below does exactly that.\nSource: Author's Creation Using Data From Microsoft\nGoing by category, the current P/S ratio of the computer processing and cloud services industry is currently 5.11. Office products and cloud services doesn't exactly have a distinct industry to be lumped into, as it dominates its own sector, so I combined it with Windows in the software and programming industry, which currently has a P/S ratio of 10.82. Gaming doesn't seem to have a publicly-available P/S ratio, so I used this list of the top 25 gaming companies by revenue to find it myself, discounting companies that don't conduct the vast majority of their business in gaming. I found the average P/S ratio to be 4.41.\nThe internet services and social media industry currently has a P/S ratio of 8.37, which I also included Search Advertising in for a similar reason to office products and cloud services - Google dominates the market. Professional services companies currently trade at a P/S of 4.99, which I ascribed to enterprise services. I categorized devices as consumer electronics, which currently trades ata  P/S of 5.29. For other, I simply used the P/S of the average S&P 500 company,which is 3.12. Microsoft's P/S ratio, for the trailing twelve months,is 14.3. Compared to the sector weighted average P/S ratio of 7.5, Microsoft appears to be a bit overvalued.\nSource: Author's Creation Using Above Information\nEven before calculating the weighted average P/S, it's pretty clear that Microsoft's is going to be higher. After all, not a single sector has a higher average P/S than Microsoft. Though, revenue doesn't really tell the full story of the company. P/S fails to take into account operating efficiencies, which is one of Microsoft's greatest strengths.\nThis idea of Microsoft's superior monetization strategies was discussed earlier, as was the company's steadily increasing operating margin. The company's strong performance on these two key metrics means that it is more effective with its sales than its peers, thus justifying a higher P/S ratio. As such, I look at this high P/S more as a testament to the company's incredible operating efficiencies, rather than the company, perhaps, being overvalued.\nAs Microsoft continues to extend its operating efficiencies, especially as lower-margin products like the Surface lineup represent a smaller portion of the company's overall sales due to growth in other areas, its lead over peers will only grow. Gaming is a prime example of this. In the new digital era, subscriptions have emerged as the superior form of monetization, hence Microsoft released the Xbox game pass in 2017. Currently,it is rumored that Microsoft now has between 25 million and 30 million game pass subscribers, up from 18 million as of January. Examples such as this demonstrate the firm's ability to continue to improve its efficiencies, even as it outperforms peers.\nThe other component to consider, when looking at price multiples, is that a high multiple also may simply indicate that the market is expecting high growth. With Microsoft, this is undoubtedly the case. With a consensus long term growth rate of 16.1% among the 38 analysts that cover Microsoft, the expectations have been set.\nFinally, while I do still believe it's a bit inappropriate to simply categorize Microsoft as a software company, it is still the most accurate single label for the tech giant. The software & programming industry has an average P/E ratio of 40.9, which is above Microsoft's P/E ratio of 37.2 for the trailing twelve months. Interestingly, most of the top firms in the sector have a higher P/E than overall the sector average. This seems to indicate that the market views the software industry as an area of significant growth and, given Microsoft's beta of .98, it makes sense that Microsoft is viewed similarly to the rest of the sector. Though, bringing back the discussion of efficiency, remember that the software and programming industry has a P/S ratio of 10.82, below Microsoft's P/S of 14.3. Yet, Microsoft has a lower P/E than the rest of the sector due to its significantly greater efficiency.\nFactoring in Microsoft's growth, the company also maintains a lower PEG than the rest of the sector.According to FactSet, the company has a PEG of 2.1. Compared to the average of 2.56 for its peers, it again seems that Microsoft may actually be a bit undervalued relative to its peers. PEG takes the P/E ratio and divides it by its expected earnings growth rate, allowing growth to be clearly included in this common valuation metric. Because Microsoft also has a lower PEG than its industry peers, it stands to reason that the company's lower P/E isn't simply a result of lower growth expectations.\nAs seen below, Microsoft's return on equity (\"ROE\") is above the vast majority of its peers, with Citrix (CTXS) included as an outlier. Because ROE is a measure of net income divided by shareholder's equity, it is effectively a measure of asset efficiency, or how much profit a company's assets are able to produce. The most important thing is that ROE surpasses the cost of raising capital which, even if done completely through equity, is more than accomplished. Microsoft's peers tend to outperform the general market in ROE, indicating a greater sector efficiency overall, though Microsoft clearly takes this efficiency beyond what is typical even for this highly-efficient sector, backing up the above theorizing regarding discrepancies between P/S and P/E. So, with a higher efficiency than the vast majority of its peers by a significant margin and an incredibly healthy capital system, there the only logical conclusion to draw from the company's relatively low P/E and PEG seems to be that it is undervalued.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nInvestor Takeaway\nIt feels a bit strange to say that a company valued as highly as Microsoft is still undervalued, yet that seems to be the reality. Just a few years ago, the idea of a multi-trillion dollar company seemed even a bit fanciful. Yet, here lies Microsoft. A testament to the power of efficiency and responsible growth, Microsoft has earned this value by learning from past mistakes and consistently adapting to new market demands. Though, perhaps it's the company's tremendous size that makes some balk at purchasing the company, thus creating the mispricing. After all, the market will always be an emotional one.\nAs this disclosure below notes, I'm long Microsoft. As you might be able to tell from my name, I tend to like investments with a long horizon. Microsoft is, at the moment, the company in my portfolio that I plan to hold the longest. From a long-term perspective, I struggle to see another company that offers a superior investment profile. While the company's recent beta of .98 may suggest that it doesn't outperform the market, and turn away some prospective investors that are \"seeking alpha,\" keep in mind that this is a recovering market. Since January 31, 2020, the S&P 500 has returned ~45%. Over the same period, Microsoft has returned ~99%. This goes back to how well Microsoft performed during the COVID downturn relative to the rest of the market. While the rest of the market was recovering, Microsoft was just performing and, consequently, has dramatically outperformed over this longer horizon. So, the company's ability to generate consistently high returns and mitigate losses during economic hardship makes it the ultimate buy and hold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607996915,"gmtCreate":1639469200308,"gmtModify":1639469200886,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/607996915","repostId":"1108305514","repostType":4,"repost":{"id":"1108305514","pubTimestamp":1639468064,"share":"https://www.laohu8.com/m/news/1108305514?lang=&edition=full","pubTime":"2021-12-14 15:47","market":"us","language":"en","title":"Morgan Stanley Warns The Fed's Turbo Taper Will Trigger Market Chaos Over \"The Next 3-4 Months\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1108305514","media":"zerohedge","summary":"Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more ","content":"<p>Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more opposite: the former, delightfully optimistic, expects the US economy to grow on all cylinders in 2022 and despite the Fed's tightening - two months ago Goldman flipped its Fed views by pulling forward its first rate hike forecast by one year to July, and followed it up over the weekend&nbsp;by predicting that liftoff will begin in May&nbsp;with two more rate hikes to follow in 2022...</p>\n<p><img src=\"https://static.tigerbbs.com/48bea9a6115e88e6a84296a31a94a5f6\" tg-width=\"643\" tg-height=\"423\" width=\"100%\" height=\"auto\"></p>\n<p>... said in its year-ahead market forecast last month that it&nbsp;expects the S&amp;P to hit 5,100 by the end of 2022&nbsp;even as the economy slows down modestly from its current feverish pace.</p>\n<p>Meanwhile, far less optimistic than their Goldman peers, Morgan Stanley's economists expected - until late last week - the Fed to stand pat without hiking even once in 2022. That changed over the weekend, however, when the bank&nbsp;admitted \"defeat\" and now expects two rate hikes&nbsp;in 2022, even as the bank's chief market economist Michael Wilson sees the S&amp;P closing 2022 at 4,400,some 5% below current&nbsp;levels.</p>\n<p>So while there has been some convergence on the economy and Fed front, a gaping divergence remains when it comes to what the two most influential US banks think the market will do, a schism which only became more acute in the past 24 hours, when on one hand Goldman predicted that a massive year-end Santa Rally is imminent (as we&nbsp;discussed last night), while Morgan Stanley doubled down on its bearish view this morning when in Michael Wilson's latest strategy outlook piece (available to&nbsp;professional subscribers), he warns that \"<b>the Fed's pivot to a more aggressive tapering schedule poses a larger risk for asset prices than most investors believe.</b>\"</p>\n<p>Confirming what we have been saying since 2010 when we first explained that it is not the stock but the flow that matters, and that tapering is tightening, Wilson echoes our decade-old conclusion and writes that \"<b>tapering is tightening for markets, if not the economy.\"</b>And due to the much greater than expected rise in inflation - now that even Powell has killed and buried \"team transitory\" - the Fed is pivoting to a more aggressive removal of monetary accommodation.</p>\n<p>Wilson believes this is warranted and supported by an administration that appears less focused on the stock market as a barometer of</p>\n<p>its success (actually since this administration has zero success to \"barometer\" besides flooding money into the economy and watching inflation skyrocket of course, it simply hasn't even considered the level of the S&amp;P; it will soon... after the crash).</p>\n<p>Furthermore, the Morgan Stanley strategist believes that tapering is different than in 2014 for 3 reasons:</p>\n<ol>\n <li>the Fed is exiting QE twice as fast this time,</li>\n <li>asset prices are much richer today and</li>\n <li>growth is decelerating rather than accelerating.</li>\n</ol>\n<p>And as we joked earlier (but not really) with the Fed tapering and soon hiking, the outcome will be a recession and a market crash...</p>\n<p><img src=\"https://static.tigerbbs.com/67f779e8eac0b236a687016bfa896377\" tg-width=\"756\" tg-height=\"448\" width=\"100%\" height=\"auto\"></p>\n<p>... Wilson again agrees and says that such an adverse market reaction \"could be important for the economy, too, given how levered consumers are to stock prices today.\"</p>\n<p>Taking a more nuanced look at Morgan Stanley's forecast, Wilson explains that when he was writing his (decidedly bearish) year ahead outlook, he was faced with \"a wider than normal range of potential economic and policy outcomes.\" This higher \" uncertainty\" was one of the key inputs to the bank's conclusion that<b>valuations for US equity markets were likely to come down over the next 3-6 months,</b>and as further notes explains<i>\"in our discussions with hundreds of clients since publishing our outlook, the conversations have centered around how to handicap these various outcomes.\"</i>Wilson lists the three scenarios as follows:</p>\n<ul>\n <li><b>Goldilocks:</b><i>When we published on November 15, this was the prevailing view by most clients. In this outcome, supply picks up in 1Q to meet the excess demand companies are having a hard time fulfilling. Inflation falls back toward 2-3%, allowing the Fed to move gradually with its taper and hike maybe 1-2 times in 2022, a modest amount of tightening that most believe the economy and markets can handle. Under this scenario, earnings growth is solid (10-15%), interest rates stay well behaved and valuations remain elevated (20-21x Forward EPS). This yields 5-10% upside to the S&amp;P 500 over the next year or roughly 5000.</i><i><b>For us, this was the Bull case</b></i><i>outcome in our outlook with a 20% probability.</i></li>\n <li><b>Inflation remains hot and the Fed responds more aggressively:</b><i>Under this outcome, inflation proves to be stickier as supply chains and labor shortages remain difficult to fix in the short term. The Fed is forced to taper faster and even raise rates on a more aggressive path than investors expect.</i><i><b>This was our base case as it essentially lined up with our hotter but shorter cycle view we first wrote about back in March.</b></i><i>Under this outcome, interest rates continue to rise next year to 2-2.25% by year end. At the same time, operating leverage starts to fade as costs increase more in line with revenues, leaving limited margin upside. This leaves breadth narrow in the near term as valuations come down and P/Es finally normalize in line with the traditional mid cycle transition.</i><i><b>While there is some debate around how much P/Es need to fall, we believe 18x is the right number to use for year end 2022 and when combined with 10% revenue growth that gives us slight downside to the index from current prices, or 4400. We put a 60% probability on this outcome.</b></i></li>\n <li><b>Supply picks up just as demand fades</b>:<i>Under this outcome, supply does improve but it's too late to meet what has been an unsustainable level of demand and consumption for many goods. It's also too expensive for customers who have become more wary of high prices, which leads to discounting and a whiff of deflation for many areas of the goods economy. While services should fare better and keep the economy growing, goods producing companies suffer and make up a much larger part of the consumer discretionary part of the stock market. Under this scenario,</i><i><b>the Fed may decide to back off on their more aggressive tightening path.</b></i><i>Rates fall but not enough to offset the negative impact on margins and earnings which end up disappointing. This is essentially the \"Ice\" part of our narrative turning out be colder than expected. Equity risk premiums soar and multiples fall even more than under our base case.</i><i><b>This was our bear case with a 20% probability.</b></i></li>\n</ul>\n<p>Before we drill down into these, a quick detour to Wilson who says that since publishing his year-ahead forecast one month ago, he feels \"more confident about our base case being the most likely outcome. Inflation data continues to come in hotter and based on commentary from our analysts, companies seem to be having no problem passing it along to customers, keeping inflation sticky on the upside. While this will likely lead to another good quarter of earnings overall, we suspect there will be more casualties, too,<b>as execution risk is increasing leaving dispersion high and leadership inconsistent — two more conclusions in our outlook.</b>\" This means that stock picking, while difficult, will be a necessary condition to generate meaningful returns in 2022 as the market separates the winners and losers and index basically goes nowhere over the next 12 months.</p>\n<p>Meanwhile, and far more ominously, Wilson also warns that \"<b>the likelihood of our bear case is growing relative to our bull case. As it stands, we would say Bear case is now 30%, Base case is still 60% while goldilocks looks like a distance 3rd at just 10%.</b>\"</p>\n<p>In other words, the odds that the Fed will short circuit its tightening plans are rising.</p>\n<p>* * *</p>\n<p>With that in mind, let's focus some more on Wilson's core assumptions, at the top of which is that...</p>\n<p><b>The change in the Fed's reaction function is a big deal because Tapering is Tightening</b></p>\n<p>While Morgan Stanley's base case has always assumed the Fed would respond appropriately to the higher inflation, \"the pivot by Chair Powell at his recent Congressional testimony was more aggressive than what we expected, especially in light of the new Covid variant, which at the time was a known unknown.\" We discussed this&nbsp;over the weekend in depth. Here, Wilson concedes that with Omicron now looking like a lower risk to growth than 2 weeks ago,<b>this only raises the probability that the Fed will indeed taper its asset purchases much faster than the last tapering episode in 2014,</b>and Morgan Stanley \"economists point out that the Fed is now suggesting stable prices is important to achieving its primary goal of full employment which means inflation has taken center stage, until it's under control.\" In terms of speed, the bank's forecast is now for the Fed to end its asset purchase program by the end of March, the same as Goldman. However, if the Fed executes on that path, \"<b>it will leave a mark on asset prices in our view.</b>\"</p>\n<p>Wilson also thinks Jay Powell and the Fed will be under much less pressure from the White House versus the last time they tried to take the punch bowl away in late 2018. Part of this is due to the fact that inflation is a much bigger problem today than it was in 2018 and part of it is due to the observation that this White House is not as preoccupied with the stock market. Wilson's bottom line: \"<b>the Fed put still exists but the strike price is much lower now, in our view. If we had to guess, it's down 20% rather than down 10% unless credit markets or economic data really start to wobble.\"</b></p>\n<p>Here Wilson encounters the same challenge we have observed over the years, namely that most disagree with the conclusion<b>that tapering is tightening (</b>for markets, if not the economy). As evidence, those who still don't understand that only the Flow (and not the Stock) matters, point to the tapering in 2014 as an example of how markets traded well as the Fed let the air out of the balloon back then. On that score, Wilson has makes several points to argue \"it could be different this time.\"</p>\n<p><b>First, in 2014, it took the Fed 10 months to taper its QE program. This time they will do it in just 4 ½ months, or twice as fast.</b>While M2 has been decelerating this year on a global basis, it's still running almost 8% y/y (Exhibit 1). In the US, M2 growth is running 13% and explains a lot of why nominal GDP growth is also running about 13% in the fourth quarter.<b>After all, MV=PQ. If the Fed takes QE down to zero, its global M2 growth will slow severely and likely fall below 5% by the end of 1Q.</b>This looks a lot like 2014 and 2018, but at a faster pace. Wilson's guess is that growth will take a hit at a time when it's already decelerating and increase the odds of our bear case playing out.</p>\n<p><img src=\"https://static.tigerbbs.com/d7b194d9260811b2e78dd6a302f3be64\" tg-width=\"500\" tg-height=\"287\" width=\"100%\" height=\"auto\"></p>\n<p><b>Second, US Equity markets are much richer today and therefore more vulnerable to a swift reduction of liquidity.</b>Specifically, the equity risk premium is 350bps today and was close to 500bps when they started the taper talk in 2013. P/Es were 14.5x versus 20x today. To be sure, rates were higher then but that is why multiples had room to rise from there as rates reflected the more hawkish Fed and inflation that was much lower then. As a result,<i>valuations were able to hold in and even increase during that tapering episode.</i></p>\n<p><b>Third, growth is decelerating now while in 2013-14 it was accelerating.</b>In addition to the PMI shown in the exhibit, earnings and economic growth were accelerating whereas both are likely to decelerate in 2021 and even outright decline for many companies, particularly in the first half of the year when the comparisons are most difficult. This, Wilson says, is what will really separate the winners from the losers&nbsp; and why he is so focused on earnings stability/achievability and valuation<i>\"because small beats will likely not be enough to drive stocks higher if they have a premium P/E.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/f880af3fb7e446f8e698778835968cdd\" tg-width=\"500\" tg-height=\"312\" width=\"100%\" height=\"auto\"></p>\n<p>Morgan Stanley's bottom line:<i><b>given that much of the market is expensive relative to history, rather than just a few sectors or names, it suggests to this tapering episode will be different than the last one and is likely to leave the overall market lower than where we are trading today by the end of the first quarter if the Fed goes through with an expedited tapering schedule.</b></i></p>\n<p>In short, Powell - who was wrong about inflation being transitory for the past year and only two weeks ago admitted he was dead wrong - is about to trigger a nightmare scenario for market, and will scramble to snuff inflation just as it has already peaked, and just as the global economy is sliding into a fast slowdown.</p>\n<p>* * *</p>\n<p>But wait, there's more because as Wilson also correctly observes,<b>asset markets have never been more important to consumer health.</b>That's right: a market crash here and we spiral right into a deep recession, perhaps even worse than the Global Financial Crisis.</p>\n<p>While Morgan Stanley's base case is that the economy should be able to handle the ending of QE and even some rate hikes next year,<b>the big risk has always been that if asset markets correct more significantly it could have a greater than normal effect on the economy too given how levered the consumer is to the stock market and other asset prices like housing and crypto currencies.</b>When just considering the stock market, it's easy to see that consumer net worth has increased dramatically as many key assets have risen inexorably over the past 18 months. And while this is a good thing for consumer demand if prices remain elevated, it also dramatically increases the odds that the inverse will be just as painful, and<b>tapering will quickly become tightening for the economy, too, if it leads to a significant asset price deflation.</b></p>\n<p>Here, Morgan Stanley thinks that<b>\"the risk of that is greatest over the next 3-4 months as the Fed exits QE on this faster time table.\"</b></p>\n<p><img src=\"https://static.tigerbbs.com/3cc412127eea207ffc76c8636ecdd375\" tg-width=\"500\" tg-height=\"168\" width=\"100%\" height=\"auto\"></p>\n<p>The market has, naturally, been ignoring these risks and one place where this is especially obvious is the collapse in market breadth. Since September, breadth has rarely been this weak relative to the Index level price</p>\n<p><img src=\"https://static.tigerbbs.com/0de5c40e0883d664f855f3522c275905\" tg-width=\"500\" tg-height=\"170\" width=\"100%\" height=\"auto\"></p>\n<p>As Wilson concludes, \"<b>the rolling correction that began last spring continues under the surface, making the index a very bad gauge of the overall health of the stock market, or the economy, in our view.\"</b>The good news here is that the average stock has already discounted a good chunk of the risks Morgan Stanley is forecasting \"even if the index has not.\"</p>\n<p>In this regard, the bank continues to stress that watching the S&amp;P 500 is a bad idea for measuring what the market is really telling us about the fundamentals. It also explains why it's been so difficult for many active managers to keep up with the benchmark. And while the average stock may begin to outperform as the index catches down, Wilson warns that&nbsp;<b>the absolute direction for most stocks will remain lower until the index has taken its turn on the de-rating process that began over 6 months ago.</b>It's also why Wilson remains overweight large cap defensive quality for now.</p>\n<p>One final point from the MS strategist: if there is one chart that depicts the risk off nature of the markets under the surface,<b>it's the MSCI large/mid cap quality index versus the Russell 2000 small cap index.</b></p>\n<p><img src=\"https://static.tigerbbs.com/1c190303d3ec030a5ff020ba604e0c85\" tg-width=\"500\" tg-height=\"302\" width=\"100%\" height=\"auto\"></p>\n<p>As Wilson concludes, \"making this very simple pivot in March as the rate of change on growth and policy peaked was the more important thing to do this year for performance... We continue to recommend this pair but with a more defensive bias on the quality side rather than growth due to valuation constraints as the Fed accelerates its taper this week.\"</p>","source":"lsy1583725640930","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 Warns The Fed's Turbo Taper Will Trigger Market Chaos Over \"The Next 3-4 Months\"</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\">\nMorgan Stanley Warns The Fed's Turbo Taper Will Trigger Market Chaos Over \"The Next 3-4 Months\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/morgan-stanley-warns-feds-taper-will-trigger-market-chaos-over-next-3-4-months><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more opposite: the former, delightfully optimistic, expects the US economy to grow on all cylinders in ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-warns-feds-taper-will-trigger-market-chaos-over-next-3-4-months\">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://www.zerohedge.com/markets/morgan-stanley-warns-feds-taper-will-trigger-market-chaos-over-next-3-4-months","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108305514","content_text":"Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more opposite: the former, delightfully optimistic, expects the US economy to grow on all cylinders in 2022 and despite the Fed's tightening - two months ago Goldman flipped its Fed views by pulling forward its first rate hike forecast by one year to July, and followed it up over the weekend by predicting that liftoff will begin in May with two more rate hikes to follow in 2022...\n\n... said in its year-ahead market forecast last month that it expects the S&P to hit 5,100 by the end of 2022 even as the economy slows down modestly from its current feverish pace.\nMeanwhile, far less optimistic than their Goldman peers, Morgan Stanley's economists expected - until late last week - the Fed to stand pat without hiking even once in 2022. That changed over the weekend, however, when the bank admitted \"defeat\" and now expects two rate hikes in 2022, even as the bank's chief market economist Michael Wilson sees the S&P closing 2022 at 4,400,some 5% below current levels.\nSo while there has been some convergence on the economy and Fed front, a gaping divergence remains when it comes to what the two most influential US banks think the market will do, a schism which only became more acute in the past 24 hours, when on one hand Goldman predicted that a massive year-end Santa Rally is imminent (as we discussed last night), while Morgan Stanley doubled down on its bearish view this morning when in Michael Wilson's latest strategy outlook piece (available to professional subscribers), he warns that \"the Fed's pivot to a more aggressive tapering schedule poses a larger risk for asset prices than most investors believe.\"\nConfirming what we have been saying since 2010 when we first explained that it is not the stock but the flow that matters, and that tapering is tightening, Wilson echoes our decade-old conclusion and writes that \"tapering is tightening for markets, if not the economy.\"And due to the much greater than expected rise in inflation - now that even Powell has killed and buried \"team transitory\" - the Fed is pivoting to a more aggressive removal of monetary accommodation.\nWilson believes this is warranted and supported by an administration that appears less focused on the stock market as a barometer of\nits success (actually since this administration has zero success to \"barometer\" besides flooding money into the economy and watching inflation skyrocket of course, it simply hasn't even considered the level of the S&P; it will soon... after the crash).\nFurthermore, the Morgan Stanley strategist believes that tapering is different than in 2014 for 3 reasons:\n\nthe Fed is exiting QE twice as fast this time,\nasset prices are much richer today and\ngrowth is decelerating rather than accelerating.\n\nAnd as we joked earlier (but not really) with the Fed tapering and soon hiking, the outcome will be a recession and a market crash...\n\n... Wilson again agrees and says that such an adverse market reaction \"could be important for the economy, too, given how levered consumers are to stock prices today.\"\nTaking a more nuanced look at Morgan Stanley's forecast, Wilson explains that when he was writing his (decidedly bearish) year ahead outlook, he was faced with \"a wider than normal range of potential economic and policy outcomes.\" This higher \" uncertainty\" was one of the key inputs to the bank's conclusion thatvaluations for US equity markets were likely to come down over the next 3-6 months,and as further notes explains\"in our discussions with hundreds of clients since publishing our outlook, the conversations have centered around how to handicap these various outcomes.\"Wilson lists the three scenarios as follows:\n\nGoldilocks:When we published on November 15, this was the prevailing view by most clients. In this outcome, supply picks up in 1Q to meet the excess demand companies are having a hard time fulfilling. Inflation falls back toward 2-3%, allowing the Fed to move gradually with its taper and hike maybe 1-2 times in 2022, a modest amount of tightening that most believe the economy and markets can handle. Under this scenario, earnings growth is solid (10-15%), interest rates stay well behaved and valuations remain elevated (20-21x Forward EPS). This yields 5-10% upside to the S&P 500 over the next year or roughly 5000.For us, this was the Bull caseoutcome in our outlook with a 20% probability.\nInflation remains hot and the Fed responds more aggressively:Under this outcome, inflation proves to be stickier as supply chains and labor shortages remain difficult to fix in the short term. The Fed is forced to taper faster and even raise rates on a more aggressive path than investors expect.This was our base case as it essentially lined up with our hotter but shorter cycle view we first wrote about back in March.Under this outcome, interest rates continue to rise next year to 2-2.25% by year end. At the same time, operating leverage starts to fade as costs increase more in line with revenues, leaving limited margin upside. This leaves breadth narrow in the near term as valuations come down and P/Es finally normalize in line with the traditional mid cycle transition.While there is some debate around how much P/Es need to fall, we believe 18x is the right number to use for year end 2022 and when combined with 10% revenue growth that gives us slight downside to the index from current prices, or 4400. We put a 60% probability on this outcome.\nSupply picks up just as demand fades:Under this outcome, supply does improve but it's too late to meet what has been an unsustainable level of demand and consumption for many goods. It's also too expensive for customers who have become more wary of high prices, which leads to discounting and a whiff of deflation for many areas of the goods economy. While services should fare better and keep the economy growing, goods producing companies suffer and make up a much larger part of the consumer discretionary part of the stock market. Under this scenario,the Fed may decide to back off on their more aggressive tightening path.Rates fall but not enough to offset the negative impact on margins and earnings which end up disappointing. This is essentially the \"Ice\" part of our narrative turning out be colder than expected. Equity risk premiums soar and multiples fall even more than under our base case.This was our bear case with a 20% probability.\n\nBefore we drill down into these, a quick detour to Wilson who says that since publishing his year-ahead forecast one month ago, he feels \"more confident about our base case being the most likely outcome. Inflation data continues to come in hotter and based on commentary from our analysts, companies seem to be having no problem passing it along to customers, keeping inflation sticky on the upside. While this will likely lead to another good quarter of earnings overall, we suspect there will be more casualties, too,as execution risk is increasing leaving dispersion high and leadership inconsistent — two more conclusions in our outlook.\" This means that stock picking, while difficult, will be a necessary condition to generate meaningful returns in 2022 as the market separates the winners and losers and index basically goes nowhere over the next 12 months.\nMeanwhile, and far more ominously, Wilson also warns that \"the likelihood of our bear case is growing relative to our bull case. As it stands, we would say Bear case is now 30%, Base case is still 60% while goldilocks looks like a distance 3rd at just 10%.\"\nIn other words, the odds that the Fed will short circuit its tightening plans are rising.\n* * *\nWith that in mind, let's focus some more on Wilson's core assumptions, at the top of which is that...\nThe change in the Fed's reaction function is a big deal because Tapering is Tightening\nWhile Morgan Stanley's base case has always assumed the Fed would respond appropriately to the higher inflation, \"the pivot by Chair Powell at his recent Congressional testimony was more aggressive than what we expected, especially in light of the new Covid variant, which at the time was a known unknown.\" We discussed this over the weekend in depth. Here, Wilson concedes that with Omicron now looking like a lower risk to growth than 2 weeks ago,this only raises the probability that the Fed will indeed taper its asset purchases much faster than the last tapering episode in 2014,and Morgan Stanley \"economists point out that the Fed is now suggesting stable prices is important to achieving its primary goal of full employment which means inflation has taken center stage, until it's under control.\" In terms of speed, the bank's forecast is now for the Fed to end its asset purchase program by the end of March, the same as Goldman. However, if the Fed executes on that path, \"it will leave a mark on asset prices in our view.\"\nWilson also thinks Jay Powell and the Fed will be under much less pressure from the White House versus the last time they tried to take the punch bowl away in late 2018. Part of this is due to the fact that inflation is a much bigger problem today than it was in 2018 and part of it is due to the observation that this White House is not as preoccupied with the stock market. Wilson's bottom line: \"the Fed put still exists but the strike price is much lower now, in our view. If we had to guess, it's down 20% rather than down 10% unless credit markets or economic data really start to wobble.\"\nHere Wilson encounters the same challenge we have observed over the years, namely that most disagree with the conclusionthat tapering is tightening (for markets, if not the economy). As evidence, those who still don't understand that only the Flow (and not the Stock) matters, point to the tapering in 2014 as an example of how markets traded well as the Fed let the air out of the balloon back then. On that score, Wilson has makes several points to argue \"it could be different this time.\"\nFirst, in 2014, it took the Fed 10 months to taper its QE program. This time they will do it in just 4 ½ months, or twice as fast.While M2 has been decelerating this year on a global basis, it's still running almost 8% y/y (Exhibit 1). In the US, M2 growth is running 13% and explains a lot of why nominal GDP growth is also running about 13% in the fourth quarter.After all, MV=PQ. If the Fed takes QE down to zero, its global M2 growth will slow severely and likely fall below 5% by the end of 1Q.This looks a lot like 2014 and 2018, but at a faster pace. Wilson's guess is that growth will take a hit at a time when it's already decelerating and increase the odds of our bear case playing out.\n\nSecond, US Equity markets are much richer today and therefore more vulnerable to a swift reduction of liquidity.Specifically, the equity risk premium is 350bps today and was close to 500bps when they started the taper talk in 2013. P/Es were 14.5x versus 20x today. To be sure, rates were higher then but that is why multiples had room to rise from there as rates reflected the more hawkish Fed and inflation that was much lower then. As a result,valuations were able to hold in and even increase during that tapering episode.\nThird, growth is decelerating now while in 2013-14 it was accelerating.In addition to the PMI shown in the exhibit, earnings and economic growth were accelerating whereas both are likely to decelerate in 2021 and even outright decline for many companies, particularly in the first half of the year when the comparisons are most difficult. This, Wilson says, is what will really separate the winners from the losers  and why he is so focused on earnings stability/achievability and valuation\"because small beats will likely not be enough to drive stocks higher if they have a premium P/E.\"\n\nMorgan Stanley's bottom line:given that much of the market is expensive relative to history, rather than just a few sectors or names, it suggests to this tapering episode will be different than the last one and is likely to leave the overall market lower than where we are trading today by the end of the first quarter if the Fed goes through with an expedited tapering schedule.\nIn short, Powell - who was wrong about inflation being transitory for the past year and only two weeks ago admitted he was dead wrong - is about to trigger a nightmare scenario for market, and will scramble to snuff inflation just as it has already peaked, and just as the global economy is sliding into a fast slowdown.\n* * *\nBut wait, there's more because as Wilson also correctly observes,asset markets have never been more important to consumer health.That's right: a market crash here and we spiral right into a deep recession, perhaps even worse than the Global Financial Crisis.\nWhile Morgan Stanley's base case is that the economy should be able to handle the ending of QE and even some rate hikes next year,the big risk has always been that if asset markets correct more significantly it could have a greater than normal effect on the economy too given how levered the consumer is to the stock market and other asset prices like housing and crypto currencies.When just considering the stock market, it's easy to see that consumer net worth has increased dramatically as many key assets have risen inexorably over the past 18 months. And while this is a good thing for consumer demand if prices remain elevated, it also dramatically increases the odds that the inverse will be just as painful, andtapering will quickly become tightening for the economy, too, if it leads to a significant asset price deflation.\nHere, Morgan Stanley thinks that\"the risk of that is greatest over the next 3-4 months as the Fed exits QE on this faster time table.\"\n\nThe market has, naturally, been ignoring these risks and one place where this is especially obvious is the collapse in market breadth. Since September, breadth has rarely been this weak relative to the Index level price\n\nAs Wilson concludes, \"the rolling correction that began last spring continues under the surface, making the index a very bad gauge of the overall health of the stock market, or the economy, in our view.\"The good news here is that the average stock has already discounted a good chunk of the risks Morgan Stanley is forecasting \"even if the index has not.\"\nIn this regard, the bank continues to stress that watching the S&P 500 is a bad idea for measuring what the market is really telling us about the fundamentals. It also explains why it's been so difficult for many active managers to keep up with the benchmark. And while the average stock may begin to outperform as the index catches down, Wilson warns that the absolute direction for most stocks will remain lower until the index has taken its turn on the de-rating process that began over 6 months ago.It's also why Wilson remains overweight large cap defensive quality for now.\nOne final point from the MS strategist: if there is one chart that depicts the risk off nature of the markets under the surface,it's the MSCI large/mid cap quality index versus the Russell 2000 small cap index.\n\nAs Wilson concludes, \"making this very simple pivot in March as the rate of change on growth and policy peaked was the more important thing to do this year for performance... We continue to recommend this pair but with a more defensive bias on the quality side rather than growth due to valuation constraints as the Fed accelerates its taper this week.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607998652,"gmtCreate":1639469182268,"gmtModify":1639469182820,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/607998652","repostId":"1192463361","repostType":4,"repost":{"id":"1192463361","pubTimestamp":1639468646,"share":"https://www.laohu8.com/m/news/1192463361?lang=&edition=full","pubTime":"2021-12-14 15:57","market":"us","language":"en","title":"Apple, GameStop And This Chipmaker Are Seeing Highest Interest On WallStreetBets Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1192463361","media":"Benzinga","summary":"Tech giant Apple Inc. continues to be the most-discussed stock on Reddit’s r/WallStreetBets forum as","content":"<p>Tech giant&nbsp;<b>Apple Inc.</b>&nbsp;continues to be the most-discussed stock on&nbsp;Reddit’s&nbsp;<b>r/WallStreetBets</b>&nbsp;forum as of early Tuesday.</p>\n<p><b>What Happened</b>: Apple is seeing the highest interest on the forum with 400 mentions at press time, followed by exchange-traded fund&nbsp;<b>SPDR S&amp;P 500 ETF Trust</b>&nbsp;with 390 mentions, data from Quiver Quantitative showed.</p>\n<p>Videogame retailer&nbsp;<b>GameStop Corp.</b>&nbsp;and graphics chipmaker&nbsp;<b>Nvidia Corp.</b>&nbsp;are in the third and fourth positions, having attracted 380 and 285 mentions respectively.</p>\n<p><b>Why It Matters</b>: Apple, currently the most valued company in the world, is poised to become the first company in the world to touch the $3 trillion market cap this week, as per analysts.</p>\n<p>It was&nbsp;reported&nbsp;on Monday that JPMorgan Securities analyst&nbsp;<b>Samik Chaterjee</b>&nbsp;maintained an Overweight rating on Apple stock and raised the price target to $210 from $180.</p>\n<p>The&nbsp;<b>Tim Cook</b>-led company, which now has a market capitalization of $2.88 trillion, is seen as a safe haven amid economic uncertainty.</p>\n<p>The U.S. Federal Reserve is expected to announce it will accelerate the pace of its tapering plans after its two-day monetary policy meeting ends on Wednesday.</p>\n<p>Meanwhile, a&nbsp;post&nbsp;on the Reddit forum has predicted that the Federal Reserve will raise interest rates in July and November next year, followed by a third rate hike in January 2023.</p>\n<p><b>Price Action</b>: Apple’s shares closed almost 2.1% lower in Monday’s regular trading session at $175.74 and further lost less than 0.1% in the after-hours session to $175.70.</p>","source":"lsy1606299360108","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, GameStop And This Chipmaker Are Seeing Highest Interest On WallStreetBets Today</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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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\">\nApple, GameStop And This Chipmaker Are Seeing Highest Interest On WallStreetBets Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 15:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/12/24585831/apple-gamestop-and-this-chipmaker-are-seeing-highest-interest-on-wallstreetbets-today><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech giant Apple Inc. continues to be the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday.\nWhat Happened: Apple is seeing the highest interest on the forum with 400 ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/12/24585831/apple-gamestop-and-this-chipmaker-are-seeing-highest-interest-on-wallstreetbets-today\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","AAPL":"苹果","GME":"游戏驿站"},"source_url":"https://www.benzinga.com/news/21/12/24585831/apple-gamestop-and-this-chipmaker-are-seeing-highest-interest-on-wallstreetbets-today","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192463361","content_text":"Tech giant Apple Inc. continues to be the most-discussed stock on Reddit’s r/WallStreetBets forum as of early Tuesday.\nWhat Happened: Apple is seeing the highest interest on the forum with 400 mentions at press time, followed by exchange-traded fund SPDR S&P 500 ETF Trust with 390 mentions, data from Quiver Quantitative showed.\nVideogame retailer GameStop Corp. and graphics chipmaker Nvidia Corp. are in the third and fourth positions, having attracted 380 and 285 mentions respectively.\nWhy It Matters: Apple, currently the most valued company in the world, is poised to become the first company in the world to touch the $3 trillion market cap this week, as per analysts.\nIt was reported on Monday that JPMorgan Securities analyst Samik Chaterjee maintained an Overweight rating on Apple stock and raised the price target to $210 from $180.\nThe Tim Cook-led company, which now has a market capitalization of $2.88 trillion, is seen as a safe haven amid economic uncertainty.\nThe U.S. Federal Reserve is expected to announce it will accelerate the pace of its tapering plans after its two-day monetary policy meeting ends on Wednesday.\nMeanwhile, a post on the Reddit forum has predicted that the Federal Reserve will raise interest rates in July and November next year, followed by a third rate hike in January 2023.\nPrice Action: Apple’s shares closed almost 2.1% lower in Monday’s regular trading session at $175.74 and further lost less than 0.1% in the after-hours session to $175.70.","news_type":1},"isVote":1,"tweetType":1,"viewCount":386,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607998101,"gmtCreate":1639469169270,"gmtModify":1639469169852,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607998101","repostId":"1139239714","repostType":4,"repost":{"id":"1139239714","pubTimestamp":1639468716,"share":"https://www.laohu8.com/m/news/1139239714?lang=&edition=full","pubTime":"2021-12-14 15:58","market":"us","language":"en","title":"Netflix Cuts India Prices in Struggle for Biggest Foreign Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1139239714","media":"Bloomberg","summary":"Disney, Amazon outrank Netflix in subscriber numbers in India\nIndian streaming services are boosting","content":"<ul>\n <li>Disney, Amazon outrank Netflix in subscriber numbers in India</li>\n <li>Indian streaming services are boosting locally made content</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/75c38de5552837a4d823653450a62044\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Photographer: Dhiraj Singh/Bloomberg</span></p>\n<p>Netflix Inc.&nbsp;slashed prices in India by as much as 60% as it sought to claw back market share from&nbsp;Amazon.com Inc.&nbsp;and&nbsp;Walt Disney Co., the two dominant streaming services in the country that have expanded aggressively with cheap digital packages.</p>\n<p>Netflix made reductions across all its four-tier plans with its largest cut on its entry-level plan, which was lowered to 199 rupees ($2.60) a month from 499 rupees, it said in a statement on Tuesday. The new prices will make the streaming service “more accessible” to Indian audiences, said Monika Shergill, vice president for content at Netflix India.</p>\n<p>The entertainment giant has struggled to gain traction with highly price-conscious Indian consumers, who represent the biggest overseas prize for streaming platforms. Netflix has won just an estimated 5 million customers in the country, compared to the 46 million who subscribe to the Disney Hotstar platform and 19 million to Amazon Prime Video, according to researcher Media Partners Asia, which estimates India will have one billion video screens by 2024 with 85% broadband usage.</p>\n<p>The latest round of price revision is expected to intensify that competition as most of India’s streaming services, including Google, Zee5, Apple TV+, Amazon Prime and Disney have also offered discount deals and subscriptions at prices well below those in other international markets.</p>\n<p>“The most meaningful reduction is the basic price plan which opens up the funnel for significant new customer growth,” said Mihir Shah, vice president and head of India at Media Partners Asia. “It will also mean that they will have to go deeper -- local and more regional in their content.”</p>\n<p>Like its rivals, Netflix is commissioning and pushing out more locally made content in India. Already helped by increased usage of smart-phones in India, streaming platforms also saw a boost from the pandemic, which forced people indoors for weeks and shut movie theaters.</p>\n<p>It’s not the first time Netflix has cut prices in India. In 2019 it lowered subscription prices by as much as half for customers who committed to at least three months. However, it has yet to offer live sports, which both Amazon and Disney stream in India. Netflix’s two rivals are also expected to join a heated bidding fray next year for rights to show the hugely popular Indian Premier League T-20 cricket tournament.</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>Netflix Cuts India Prices in Struggle for Biggest Foreign Market</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\">\nNetflix Cuts India Prices in Struggle for Biggest Foreign Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 15:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-12-14/netflix-cuts-india-prices-in-struggle-for-biggest-foreign-market?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Disney, Amazon outrank Netflix in subscriber numbers in India\nIndian streaming services are boosting locally made content\n\nPhotographer: Dhiraj Singh/Bloomberg\nNetflix Inc. slashed prices in India by ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-12-14/netflix-cuts-india-prices-in-struggle-for-biggest-foreign-market?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.bloomberg.com/news/articles/2021-12-14/netflix-cuts-india-prices-in-struggle-for-biggest-foreign-market?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139239714","content_text":"Disney, Amazon outrank Netflix in subscriber numbers in India\nIndian streaming services are boosting locally made content\n\nPhotographer: Dhiraj Singh/Bloomberg\nNetflix Inc. slashed prices in India by as much as 60% as it sought to claw back market share from Amazon.com Inc. and Walt Disney Co., the two dominant streaming services in the country that have expanded aggressively with cheap digital packages.\nNetflix made reductions across all its four-tier plans with its largest cut on its entry-level plan, which was lowered to 199 rupees ($2.60) a month from 499 rupees, it said in a statement on Tuesday. The new prices will make the streaming service “more accessible” to Indian audiences, said Monika Shergill, vice president for content at Netflix India.\nThe entertainment giant has struggled to gain traction with highly price-conscious Indian consumers, who represent the biggest overseas prize for streaming platforms. Netflix has won just an estimated 5 million customers in the country, compared to the 46 million who subscribe to the Disney Hotstar platform and 19 million to Amazon Prime Video, according to researcher Media Partners Asia, which estimates India will have one billion video screens by 2024 with 85% broadband usage.\nThe latest round of price revision is expected to intensify that competition as most of India’s streaming services, including Google, Zee5, Apple TV+, Amazon Prime and Disney have also offered discount deals and subscriptions at prices well below those in other international markets.\n“The most meaningful reduction is the basic price plan which opens up the funnel for significant new customer growth,” said Mihir Shah, vice president and head of India at Media Partners Asia. “It will also mean that they will have to go deeper -- local and more regional in their content.”\nLike its rivals, Netflix is commissioning and pushing out more locally made content in India. Already helped by increased usage of smart-phones in India, streaming platforms also saw a boost from the pandemic, which forced people indoors for weeks and shut movie theaters.\nIt’s not the first time Netflix has cut prices in India. In 2019 it lowered subscription prices by as much as half for customers who committed to at least three months. However, it has yet to offer live sports, which both Amazon and Disney stream in India. Netflix’s two rivals are also expected to join a heated bidding fray next year for rights to show the hugely popular Indian Premier League T-20 cricket tournament.","news_type":1},"isVote":1,"tweetType":1,"viewCount":584,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604232045,"gmtCreate":1639400223810,"gmtModify":1639400624943,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604232045","repostId":"2191600757","repostType":4,"repost":{"id":"2191600757","pubTimestamp":1639398749,"share":"https://www.laohu8.com/m/news/2191600757?lang=&edition=full","pubTime":"2021-12-13 20:32","market":"us","language":"en","title":"2 Top Biotech Stocks To Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2191600757","media":"Motley Fool","summary":"Growing global demand for prescription drugs in the years ahead bodes well for these two stocks. Buy them now while they're still cheap.","content":"<p>There's a concise saying in investing that, when properly applied, can make you a better investor. It is as follows: \"The trend is your friend.\" While it's often ascribed to momentum trading, the quote is arguably more beneficial to long-term investing. That's because while short-term price movements of stocks are really anyone's guess, long-term investing success largely depends on picking high-quality, reasonably priced stocks in growing industries.</p>\n<p>Given that the global pharmaceutical industry is forecasted to grow at nearly 5% annually from $1.3 trillion last year to $1.6 trillion by 2025, leading pharma stocks are set to do well going forward.&nbsp;Here are two biotech bargains you should consider purchasing now before everyone else does.</p>\n<h2>1. AstraZeneca</h2>\n<p>The first biotech stock to buy is <b>AstraZeneca</b> (NASDAQ:AZN). The drugmaker has reported impressive year-to-date growth in both its revenue and its core earnings per share (EPS).</p>\n<p>Excluding the acquisition of the rare-disease drugmaker known as Alexion Pharmaceuticals that closed earlier this year, AstraZeneca's year-to-date revenue jumped 25.4% against the year-ago period to $24.1 billion. This robust revenue growth was driven by several factors. The first was the introduction of the company's COVID-19 vaccine, which chipped in $2.2 billion or 45.4% of AstraZeneca's year-to-date revenue growth, excluding the Alexion acquisition.</p>\n<p>Second, the oncology segment revenue led by Tagrisso, Imfinzi, and Lynparza grew $1.6 billion, or 19%, year-to-date compared to the year-ago period, to $9.7 billion. This contributed to 31.9% of AstraZeneca's year-to-date revenue growth, not counting the Alexion acquisition.&nbsp;Double-digit year-to-date growth rates from the company's CVRM (cardiovascular, renal, and metabolism) and RI (respiratory and immunology) segments more than offset the revenue decline in its other medicines segment, which made up the remainder of AstraZeneca's revenue growth this year.</p>\n<p>Due to AstraZeneca's significantly higher revenue base year to date, its core EPS soared 22% against the prior-year period to $3.59. Better yet, this high overall growth is likely to continue in the medium-term as a result of AstraZeneca's pipeline of 175 projects at various phases of clinical development. That's why analysts are forecasting that the stock will deliver 20%+ annual earnings growth to shareholders over the next five years.</p>\n<p>And investors can snatch up AstraZeneca's 2.5% dividend yield and strong growth prospects at a forward P/E ratio of just 13.8, which is what makes the stock such a great buy at this time.</p>\n<h2>2. Merck</h2>\n<p>The second biotech stock to contemplate purchasing at the present time is <b>Merck</b> (NYSE:MRK). Like AstraZeneca, Merck has had a tremendous year thus far. First, the company's year-to-date total revenue has surged to $35.2 billion, which represents a 15.1% growth rate compared to the year-ago period.</p>\n<p>Merck's oncology segment, headed by its crown jewel Keytruda, was able to grow its year-to-date segment revenue 22.1% over the year-ago period, to $13.8 billion. Strong momentum from each of Keytruda, Lynparza, and Lenvima helped the oncology segment grow its year-to-date revenue by $2.5 billion, which is 54.2% of the company's total year-to-date revenue growth.</p>\n<p>Even with Keytruda accounting for 35.8% of its year-to-date revenue, Merck appears well-prepared for the drug's loss of exclusivity in major markets that will occur in 2028 for a couple of reasons.</p>\n<p>For <a href=\"https://laohu8.com/S/AONE.U\">one</a>, the vaccine segment saw its total year-to-date revenue fly 22% higher compared to the year-ago period, to $7.1 billion. Also, the animal-health segment advanced its revenue by 21.8% year to date against the year-ago period, to $4.3 billion. Simply put, these two segments combined are about as large as the oncology segment and are growing at equally remarkable rates.</p>\n<p>Second, the company just completed its acquisition of Acceleron last month.&nbsp;Through the deal, Merck receives a late-stage pulmonary arterial hypertension drug known as sotatercept that possesses plenty of blockbuster potential. The company also receives 20% to 25% royalties from <b>Bristol Myers Squibb</b> (NYSE:BMY) on the anemia drug known as Reblozyl, which has blockbuster potential in its own right.</p>\n<p>Merck's strong operating fundamentals are expected to continue for the foreseeable future, which is evidenced by the analyst forecast of 15% annual earnings growth over the next five years. When weighed against the forward P/E ratio of just 10, Merck boasts an attractive mix of value and growth.&nbsp;Merck's 3.8% dividend yield is also triple the <b>S&amp;P 500</b>'s 1.3%, which is yet another reason investors should consider the stock.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Top Biotech Stocks To Buy Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Top Biotech Stocks To Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-13 20:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/13/2-top-biotech-stocks-to-buy-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There's a concise saying in investing that, when properly applied, can make you a better investor. It is as follows: \"The trend is your friend.\" While it's often ascribed to momentum trading, the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/13/2-top-biotech-stocks-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4532":"文艺复兴科技持仓","BMY":"施贵宝","BK4550":"红杉资本持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4534":"瑞士信贷持仓","AZN":"阿斯利康","BK4559":"巴菲特持仓","MRK":"默沙东","BK4568":"美国抗疫概念","BK4516":"特朗普概念","BK4007":"制药"},"source_url":"https://www.fool.com/investing/2021/12/13/2-top-biotech-stocks-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191600757","content_text":"There's a concise saying in investing that, when properly applied, can make you a better investor. It is as follows: \"The trend is your friend.\" While it's often ascribed to momentum trading, the quote is arguably more beneficial to long-term investing. That's because while short-term price movements of stocks are really anyone's guess, long-term investing success largely depends on picking high-quality, reasonably priced stocks in growing industries.\nGiven that the global pharmaceutical industry is forecasted to grow at nearly 5% annually from $1.3 trillion last year to $1.6 trillion by 2025, leading pharma stocks are set to do well going forward. Here are two biotech bargains you should consider purchasing now before everyone else does.\n1. AstraZeneca\nThe first biotech stock to buy is AstraZeneca (NASDAQ:AZN). The drugmaker has reported impressive year-to-date growth in both its revenue and its core earnings per share (EPS).\nExcluding the acquisition of the rare-disease drugmaker known as Alexion Pharmaceuticals that closed earlier this year, AstraZeneca's year-to-date revenue jumped 25.4% against the year-ago period to $24.1 billion. This robust revenue growth was driven by several factors. The first was the introduction of the company's COVID-19 vaccine, which chipped in $2.2 billion or 45.4% of AstraZeneca's year-to-date revenue growth, excluding the Alexion acquisition.\nSecond, the oncology segment revenue led by Tagrisso, Imfinzi, and Lynparza grew $1.6 billion, or 19%, year-to-date compared to the year-ago period, to $9.7 billion. This contributed to 31.9% of AstraZeneca's year-to-date revenue growth, not counting the Alexion acquisition. Double-digit year-to-date growth rates from the company's CVRM (cardiovascular, renal, and metabolism) and RI (respiratory and immunology) segments more than offset the revenue decline in its other medicines segment, which made up the remainder of AstraZeneca's revenue growth this year.\nDue to AstraZeneca's significantly higher revenue base year to date, its core EPS soared 22% against the prior-year period to $3.59. Better yet, this high overall growth is likely to continue in the medium-term as a result of AstraZeneca's pipeline of 175 projects at various phases of clinical development. That's why analysts are forecasting that the stock will deliver 20%+ annual earnings growth to shareholders over the next five years.\nAnd investors can snatch up AstraZeneca's 2.5% dividend yield and strong growth prospects at a forward P/E ratio of just 13.8, which is what makes the stock such a great buy at this time.\n2. Merck\nThe second biotech stock to contemplate purchasing at the present time is Merck (NYSE:MRK). Like AstraZeneca, Merck has had a tremendous year thus far. First, the company's year-to-date total revenue has surged to $35.2 billion, which represents a 15.1% growth rate compared to the year-ago period.\nMerck's oncology segment, headed by its crown jewel Keytruda, was able to grow its year-to-date segment revenue 22.1% over the year-ago period, to $13.8 billion. Strong momentum from each of Keytruda, Lynparza, and Lenvima helped the oncology segment grow its year-to-date revenue by $2.5 billion, which is 54.2% of the company's total year-to-date revenue growth.\nEven with Keytruda accounting for 35.8% of its year-to-date revenue, Merck appears well-prepared for the drug's loss of exclusivity in major markets that will occur in 2028 for a couple of reasons.\nFor one, the vaccine segment saw its total year-to-date revenue fly 22% higher compared to the year-ago period, to $7.1 billion. Also, the animal-health segment advanced its revenue by 21.8% year to date against the year-ago period, to $4.3 billion. Simply put, these two segments combined are about as large as the oncology segment and are growing at equally remarkable rates.\nSecond, the company just completed its acquisition of Acceleron last month. Through the deal, Merck receives a late-stage pulmonary arterial hypertension drug known as sotatercept that possesses plenty of blockbuster potential. The company also receives 20% to 25% royalties from Bristol Myers Squibb (NYSE:BMY) on the anemia drug known as Reblozyl, which has blockbuster potential in its own right.\nMerck's strong operating fundamentals are expected to continue for the foreseeable future, which is evidenced by the analyst forecast of 15% annual earnings growth over the next five years. When weighed against the forward P/E ratio of just 10, Merck boasts an attractive mix of value and growth. Merck's 3.8% dividend yield is also triple the S&P 500's 1.3%, which is yet another reason investors should consider the stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":843,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604236192,"gmtCreate":1639400188418,"gmtModify":1639400190812,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/604236192","repostId":"2191398853","repostType":4,"repost":{"id":"2191398853","pubTimestamp":1639399151,"share":"https://www.laohu8.com/m/news/2191398853?lang=&edition=full","pubTime":"2021-12-13 20:39","market":"us","language":"en","title":"Should Investors Take a Second Look at Palantir Technologies?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191398853","media":"Motley Fool","summary":"The company has plenty of untapped growth potential left to explore.","content":"<p>If you've considered investing in the software-as-a-service trend, you've likely come across <b>Palantir Technologies </b>(NYSE:PLTR). In this segment of <i>Backstage Pass,</i> recorded on <b>Nov. 1</b>, Fool.com contributors Danny Vena, Toby Bordelon, and Jose Najarro discuss the newly public stock and its long-term investment runway.</p>\n<p><b>Danny Vena</b>: Palantir is a company that I personally I'm invested in. I invested in the company within the first couple of quarters after it went public last year and I think it's <a href=\"https://laohu8.com/S/AONE.U\">one</a> that's worth a look out. It's not going to be everybody's cup of tea. Particularly since it has so many contracts that are with defense agencies. But on the other hand, I think it's quickly building out its enterprise level business and think it certainly deserves a look. What do you guys think?</p>\n<p><b>Toby Bordelon:</b> Interesting company, Danny. What's the most important part of that business, right? Is it just the government stuff, or is it the enterprise stuff? Because I think for me, I think the government's stuff is the coolest part. You talked about stopping terrorist attacks, but we're also raising some privacy concerns potentially. But I wonder how much upside there is because it's not like the U.S. is going to look favorably upon them just offering it to any government in the world who wants it, you know what I mean?</p>\n<p><b>Vena:</b> Oh, you're absolutely right and that's the reason that they do not because a lot of the data that they deal with is sensitive, also because they deal with the FBI, the CIA, the Department of Homeland Security and because they have access to those databases, they will not do business with any country that is not a direct ally of the United States.</p>\n<p>They're not going to use that particular platform for any other governments other than those that essentially are approved by the U.S. government. On the other hand, I think the big opportunity and I think the biggest opportunity is the fact that they are able to use this artificial intelligence to gather data from these various siloed databases within a company. Companies have a lot of data.</p>\n<p>They have mountains and volumes of data, but they don't really know what to do with it and they don't know what the data tells them and that's where this platform comes in is it can draw from millions of data points. It can infer certain things, and it can draw certain conclusions that you might not even think about that might not be apparent.</p>\n<p>They might be able to draw a conclusion and say, this particular product line that you're not really focusing on, based on these customer metrics, you should really be focusing on this because that could make you a lot more money because it has greater margins and also there's more demand coming up for that.</p>\n<p>Things of that nature. I think the focus for Palantir going forward, I think the government business is going to be the bread and butter right now. But I think the future, essentially, the big future opportunity is going to be in the enterprise space.</p>\n<p><b>Bordelon:</b> You can certainly see, I'm going to call it, the attraction for big conglomerates who have a lot of different businesses and may have their data kind of I could say siloed away like a secret source feed. We can take all of that no matter where it is and give you a holistic picture for senior management. It could aid decision-making at the level of like those big companies or the companies where you have these kind of units to operate independently. Help with capital allocation stuff that sort of thing at the high level. Very intriguing.</p>\n<p><b>Vena:</b> Again, I think it's certainly worth a look. Any thoughts, Jose?</p>\n<p><b>Jose Najarro:</b> Yes, Palantir in my book is one that kind of hits all the green marks for me in forms of like innovation and future optionality of where that market can go. But for some reason, I just haven't taken the time to sit down and really look through it. But some of the investors that I read or talk to always, discuss Palantir for me. Maybe one of these days I'll finally take a few hours and read a little bit more about it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should Investors Take a Second Look at Palantir Technologies?</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\">\nShould Investors Take a Second Look at Palantir Technologies?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-13 20:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/13/should-investors-take-a-second-look-at-palantir-te/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've considered investing in the software-as-a-service trend, you've likely come across Palantir Technologies (NYSE:PLTR). In this segment of Backstage Pass, recorded on Nov. 1, Fool.com ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/13/should-investors-take-a-second-look-at-palantir-te/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/12/13/should-investors-take-a-second-look-at-palantir-te/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191398853","content_text":"If you've considered investing in the software-as-a-service trend, you've likely come across Palantir Technologies (NYSE:PLTR). In this segment of Backstage Pass, recorded on Nov. 1, Fool.com contributors Danny Vena, Toby Bordelon, and Jose Najarro discuss the newly public stock and its long-term investment runway.\nDanny Vena: Palantir is a company that I personally I'm invested in. I invested in the company within the first couple of quarters after it went public last year and I think it's one that's worth a look out. It's not going to be everybody's cup of tea. Particularly since it has so many contracts that are with defense agencies. But on the other hand, I think it's quickly building out its enterprise level business and think it certainly deserves a look. What do you guys think?\nToby Bordelon: Interesting company, Danny. What's the most important part of that business, right? Is it just the government stuff, or is it the enterprise stuff? Because I think for me, I think the government's stuff is the coolest part. You talked about stopping terrorist attacks, but we're also raising some privacy concerns potentially. But I wonder how much upside there is because it's not like the U.S. is going to look favorably upon them just offering it to any government in the world who wants it, you know what I mean?\nVena: Oh, you're absolutely right and that's the reason that they do not because a lot of the data that they deal with is sensitive, also because they deal with the FBI, the CIA, the Department of Homeland Security and because they have access to those databases, they will not do business with any country that is not a direct ally of the United States.\nThey're not going to use that particular platform for any other governments other than those that essentially are approved by the U.S. government. On the other hand, I think the big opportunity and I think the biggest opportunity is the fact that they are able to use this artificial intelligence to gather data from these various siloed databases within a company. Companies have a lot of data.\nThey have mountains and volumes of data, but they don't really know what to do with it and they don't know what the data tells them and that's where this platform comes in is it can draw from millions of data points. It can infer certain things, and it can draw certain conclusions that you might not even think about that might not be apparent.\nThey might be able to draw a conclusion and say, this particular product line that you're not really focusing on, based on these customer metrics, you should really be focusing on this because that could make you a lot more money because it has greater margins and also there's more demand coming up for that.\nThings of that nature. I think the focus for Palantir going forward, I think the government business is going to be the bread and butter right now. But I think the future, essentially, the big future opportunity is going to be in the enterprise space.\nBordelon: You can certainly see, I'm going to call it, the attraction for big conglomerates who have a lot of different businesses and may have their data kind of I could say siloed away like a secret source feed. We can take all of that no matter where it is and give you a holistic picture for senior management. It could aid decision-making at the level of like those big companies or the companies where you have these kind of units to operate independently. Help with capital allocation stuff that sort of thing at the high level. Very intriguing.\nVena: Again, I think it's certainly worth a look. Any thoughts, Jose?\nJose Najarro: Yes, Palantir in my book is one that kind of hits all the green marks for me in forms of like innovation and future optionality of where that market can go. But for some reason, I just haven't taken the time to sit down and really look through it. But some of the investors that I read or talk to always, discuss Palantir for me. Maybe one of these days I'll finally take a few hours and read a little bit more about it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604236913,"gmtCreate":1639400161343,"gmtModify":1639400163750,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604236913","repostId":"1171271872","repostType":4,"repost":{"id":"1171271872","pubTimestamp":1639348466,"share":"https://www.laohu8.com/m/news/1171271872?lang=&edition=full","pubTime":"2021-12-13 06:34","market":"us","language":"en","title":"Rivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1171271872","media":"Barrons","summary":"The main event for investors this week will be the Federal Reserve’s rate-setting committee’s last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.The Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.Earnings reports this week are few, but will include Campbell Soup on Tuesday;Lennar,Accenture,FedEx,Rivian Automotive, and Adobe on Thursday; and","content":"<p>The main event for investors this week will be the Federal Reserve’s rate-setting committee’s&nbsp;last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.</p>\n<p>The Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.</p>\n<p>Earnings reports this week are few, but will include&nbsp;Campbell Soup&nbsp;on Tuesday;Lennar,Accenture,FedEx,Rivian&nbsp;Automotive, and&nbsp;Adobe&nbsp;on Thursday; and&nbsp;Darden Restaurants&nbsp;on Friday.</p>\n<p>Economic data coming out this week includes the Bureau of Labor Statistics’ producer price index for November on Tuesday. Economists expect a 0.55% month-over-month rise for the headline index and a 0.4% gain for the core PPI. Those would both roughly match October’s pace of producer inflation.</p>\n<p>Other data releases include the National Federation of Independent Businesses’ sentiment&nbsp;index on Tuesday, November retail-sales spending from the Census Bureau on Wednesday, and the November housing starts on Thursday.</p>\n<p><b>Monday 12/13</b></p>\n<p>J.Jill&nbsp;and&nbsp;PHX Minerals&nbsp;host earnings conference calls.</p>\n<p><b>Tuesday 12/14</b></p>\n<p>Campbell Soup, Barnes Group, and&nbsp;Avaya Holdings&nbsp;host investor days.</p>\n<p><b>The Bureau of Labor</b>&nbsp;Statistics releases the producer price index for November. Consensus estimate is for a 0.55% month-over-month rise, and for the core PPI, which excludes food and energy, to gain 0.4%. This compares with increases of 0.6% and 0.4%, respectively, in October.</p>\n<p><b>The National Federation</b>&nbsp;of Independent Businesses reports its index, which surveys about 5,000 small-business owners across the country, for November. Expectations call for a reading of 98.3, compared with 98.2 in October.</p>\n<p><b>Wednesday 12/15</b></p>\n<p><b>The Federal Open Market Committee</b> concludes its two-day meeting, when policy makers will discuss accelerating the timetable for tapering monthly securities purchases.</p>\n<p><b>The BLS reports</b> export and import price data for November. Expectations are for a 0.5% month-over-month rise in export prices, while import prices are seen increasing 0.5%. This compares with gains of 1.5% and 1.2%, respectively, in October.</p>\n<p><b>The National Association</b> of Home Builders releases its NAHB/Wells Fargo Housing Market Index for December. Consensus estimate is for an 84 reading, compared with an 83 reading in November. The index peaked at 90 late last year, and home builders remain bullish on the housing market.</p>\n<p><b>The Census Bureau</b> reports on retail-sales spending for November. Expectations are for a seasonally adjusted 0.7% month-over-month increase in retail sales, compared with a 1.7% rise in October. Excluding autos, spending is seen rising 0.8%, compared with 1.7% in the previous period.</p>\n<p><b>Thursday 12/16</b></p>\n<p>Heico,Lennar, Accenture, FedEx, Jabil, Adobe, Rivian Automotive, and Nordson are among companies hosting earnings conference calls.</p>\n<p><b>The Census Bureau</b>releases its New Residential Construction report for November. The seasonally adjusted annual rate of housing starts is expected to be 1.563 million units, compared with 1.52 million in October. A housing start is counted when excavation begins on a home. Permits issued for new-home construction are expected to be 1.655 million, compared with 1.653 million in October.</p>\n<p><b>The Bank of England</b> announces its interest-rate decision and publishes the minutes of the meeting.</p>\n<p><b>The Federal Reserve</b> releases industrial production data for November. Economists are looking for a 0.6% rise, after a 1.6% increase in October. Capacity utilization is expected at 76.8, roughly in line with October’s 76.4%.</p>\n<p><b>Friday 12/17</b></p>\n<p>Steelcase,Darden Restaurants, and&nbsp;Quanex Building Products&nbsp;host earnings conference calls.</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>Rivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRivian,Adobe,FedEx,Lennar,Campbell Soup,and Other Stocks to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-13 06:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-to-watch-this-week-fedex-rivian-lennar-campbell-adobe-51639330550?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The main event for investors this week will be the Federal Reserve’s rate-setting committee’s last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential ...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-to-watch-this-week-fedex-rivian-lennar-campbell-adobe-51639330550?mod=hp_LEAD_3\">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","RIVN":"Rivian Automotive, Inc.","HEI":"海科航空","DRI":"达登饭店","JILL":"J.Jill Inc.","PHX":"潘汉德尔油气",".SPX":"S&P 500 Index","FDX":"联邦快递","SCS":"Steelcase Inc.","ADBE":"Adobe","LEN":"莱纳建筑公司","CPB":"金宝汤","ACN":"埃森哲",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/stocks-to-watch-this-week-fedex-rivian-lennar-campbell-adobe-51639330550?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171271872","content_text":"The main event for investors this week will be the Federal Reserve’s rate-setting committee’s last meeting of 2021. Recent commentary from officials has leaned more hawkish, setting up a potential announcement of plans to accelerate monthly asset purchase tapering.\nThe Federal Open Market Committee’s two-day meeting takes place on Tuesday and Wednesday.\nEarnings reports this week are few, but will include Campbell Soup on Tuesday;Lennar,Accenture,FedEx,Rivian Automotive, and Adobe on Thursday; and Darden Restaurants on Friday.\nEconomic data coming out this week includes the Bureau of Labor Statistics’ producer price index for November on Tuesday. Economists expect a 0.55% month-over-month rise for the headline index and a 0.4% gain for the core PPI. Those would both roughly match October’s pace of producer inflation.\nOther data releases include the National Federation of Independent Businesses’ sentiment index on Tuesday, November retail-sales spending from the Census Bureau on Wednesday, and the November housing starts on Thursday.\nMonday 12/13\nJ.Jill and PHX Minerals host earnings conference calls.\nTuesday 12/14\nCampbell Soup, Barnes Group, and Avaya Holdings host investor days.\nThe Bureau of Labor Statistics releases the producer price index for November. Consensus estimate is for a 0.55% month-over-month rise, and for the core PPI, which excludes food and energy, to gain 0.4%. This compares with increases of 0.6% and 0.4%, respectively, in October.\nThe National Federation of Independent Businesses reports its index, which surveys about 5,000 small-business owners across the country, for November. Expectations call for a reading of 98.3, compared with 98.2 in October.\nWednesday 12/15\nThe Federal Open Market Committee concludes its two-day meeting, when policy makers will discuss accelerating the timetable for tapering monthly securities purchases.\nThe BLS reports export and import price data for November. Expectations are for a 0.5% month-over-month rise in export prices, while import prices are seen increasing 0.5%. This compares with gains of 1.5% and 1.2%, respectively, in October.\nThe National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for December. Consensus estimate is for an 84 reading, compared with an 83 reading in November. The index peaked at 90 late last year, and home builders remain bullish on the housing market.\nThe Census Bureau reports on retail-sales spending for November. Expectations are for a seasonally adjusted 0.7% month-over-month increase in retail sales, compared with a 1.7% rise in October. Excluding autos, spending is seen rising 0.8%, compared with 1.7% in the previous period.\nThursday 12/16\nHeico,Lennar, Accenture, FedEx, Jabil, Adobe, Rivian Automotive, and Nordson are among companies hosting earnings conference calls.\nThe Census Bureaureleases its New Residential Construction report for November. The seasonally adjusted annual rate of housing starts is expected to be 1.563 million units, compared with 1.52 million in October. A housing start is counted when excavation begins on a home. Permits issued for new-home construction are expected to be 1.655 million, compared with 1.653 million in October.\nThe Bank of England announces its interest-rate decision and publishes the minutes of the meeting.\nThe Federal Reserve releases industrial production data for November. Economists are looking for a 0.6% rise, after a 1.6% increase in October. Capacity utilization is expected at 76.8, roughly in line with October’s 76.4%.\nFriday 12/17\nSteelcase,Darden Restaurants, and Quanex Building Products host earnings conference calls.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604963046,"gmtCreate":1639312035687,"gmtModify":1639312054776,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice !!!","listText":"Nice !!!","text":"Nice !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604963046","repostId":"2190719916","repostType":4,"repost":{"id":"2190719916","pubTimestamp":1639280175,"share":"https://www.laohu8.com/m/news/2190719916?lang=&edition=full","pubTime":"2021-12-12 11:36","market":"us","language":"en","title":"Is Inflation Going to Cool Down Anytime Soon?","url":"https://stock-news.laohu8.com/highlight/detail?id=2190719916","media":"Motley Fool","summary":"Two Motley Fool contributors discuss the issue weighing on a lot of people's minds.","content":"<p>Investors and the general public as a whole are worried about the surging rate of inflation, and these concerns continue to drive some of the volatility we're seeing in the broader market. In this segment of<i> Backstage Pass</i>, recorded on <b>Nov. 10</b>, Fool contributors Connor Allen and Rachel Warren discuss inflation and investing in this challenging market environment.</p>\n<p><b>Connor Allen</b>: But to go back to the original question about transitory inflation, I think most people have hopped off that bus by now. I think right when this started, a lot of people were on the transitory bus. They thought a lot of the bottlenecks and the supply chain issues that were being caused we're going to get solved and basically deflation will come and replace that and prices would go back to normal. I don't think a lot of people think that anymore.</p>\n<p>Because when you think about a company that's selling a product, and they realize that the market will pay $5 for something that used to be $3 and are they ever going to bring it back to $3? I don't think so. I think that's hard to make companies do, especially when there's such a variety of costs across all industries and all companies. You don't know what costs are going to come down when.</p>\n<p>Gas is <a href=\"https://laohu8.com/S/AONE.U\">one</a> that's a major issue. I think that probably is the number one issue for a lot of increasing costs for companies because everything's delivered, whether it's delivered to a warehouse like <b>Amazon</b>, whether it's delivered to a retail store like <b>Macy's</b>, or whether it's delivered to your home. There's a lot of different things and the cost obviously of gas being I think it's around a national averaged around $3.20 I believe.</p>\n<p>That's a cost that you can't get around, and you can't really innovate around those gas prices. Obviously, electric vehicles could potentially be that fix, but those costs are going up as well. [laughs] There's some projections that I was reading about how the national average of gas prices could be around $5 a gallon by the end of the year.</p>\n<p>That could be really painful, not only on my wallet, but [laughs] not on a lot of Americans' wallets. Hopefully we can get that down. But to be honest with you, I'm expecting long-term inflation. I'm not expecting this to be a transitory thing.</p>\n<p><b>Rachel Warren:</b> I agree with you Connor and unfortunately, I don't really see this inflation just dying down overnight or going anywhere anytime soon. I think it's going to be much more of a gradual recovery and perhaps in some cases like what you were saying, we're going to see permanent pricing increases in some of these consumer good categories.</p>\n<p>I think it's something that businesses and consumers are going to have to contend with for a long time. I think people are adjusting to these changes hard as they are. I think it's also helpful to remember this isn't just a U.S. issue. This is a global problem for companies and consumers.</p>\n<p>I saw this interesting article on <i>CNBC</i> today and the Chief Financial Officer of a large Belgian Dutch grocer called <b>Ahold Delhaize</b> was talking about how the company is dealing with the supply chain bottlenecks that are also having this impact on inflation and everything else and she said, \"I think what we're definitely seeing is inflation is picking up. But what I would also say is that when you look at food at the smaller share of the wallet in some other categories.\"</p>\n<p>Another thing was, a lot of these companies are saying this is something we are going to be seeing for quite a long time. The CEO of <b>Siemens</b> <b>Energy</b> told <i>CNBC</i>, the industrial world is going to be dealing with the supply chain bottleneck issues for a long time, which is also driving these other inflation problems. I don't think it's something that's going anywhere, anytime soon.</p>\n<p>As a consumer, it's obviously not fun to see. I think it's something to be patient with and deal with as it comes. But jumping off of what Taylor was saying in terms of staying invested in the stock market, but maybe you do adjust the type of stocks that you buy during these times and sometimes especially during bumpy periods in the market, it can be a good time to look at your portfolio and see maybe it needs some rebalancing.</p>\n<p>Maybe the balance of stocks that are more prone to headwinds during these bumpy times could use some balancing with more stalwart stocks that aren't necessarily as prone to these inflationary pressures. I think even amid rising prices and high inflation, you think of companies like Amazon that reported impacted earnings due to related supply chain constraints. The market still managed to deliver record highs.</p>\n<p>Recently over the last few weeks we had that happen a couple of times. Try not to focus too much on one day in the stock market. When you look at the market performance over the long term, investors who they'd invested in the market has generated pretty great portfolio returns. I'm personally not changing the way I'm investing right now, but I may change some of the type of stocks I buy in the coming months for sure.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Inflation Going to Cool Down Anytime Soon?</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\">\nIs Inflation Going to Cool Down Anytime Soon?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-12 11:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/11/is-inflation-going-to-cool-down-anytime-soon/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investors and the general public as a whole are worried about the surging rate of inflation, and these concerns continue to drive some of the volatility we're seeing in the broader market. In this ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/11/is-inflation-going-to-cool-down-anytime-soon/\">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.fool.com/investing/2021/12/11/is-inflation-going-to-cool-down-anytime-soon/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2190719916","content_text":"Investors and the general public as a whole are worried about the surging rate of inflation, and these concerns continue to drive some of the volatility we're seeing in the broader market. In this segment of Backstage Pass, recorded on Nov. 10, Fool contributors Connor Allen and Rachel Warren discuss inflation and investing in this challenging market environment.\nConnor Allen: But to go back to the original question about transitory inflation, I think most people have hopped off that bus by now. I think right when this started, a lot of people were on the transitory bus. They thought a lot of the bottlenecks and the supply chain issues that were being caused we're going to get solved and basically deflation will come and replace that and prices would go back to normal. I don't think a lot of people think that anymore.\nBecause when you think about a company that's selling a product, and they realize that the market will pay $5 for something that used to be $3 and are they ever going to bring it back to $3? I don't think so. I think that's hard to make companies do, especially when there's such a variety of costs across all industries and all companies. You don't know what costs are going to come down when.\nGas is one that's a major issue. I think that probably is the number one issue for a lot of increasing costs for companies because everything's delivered, whether it's delivered to a warehouse like Amazon, whether it's delivered to a retail store like Macy's, or whether it's delivered to your home. There's a lot of different things and the cost obviously of gas being I think it's around a national averaged around $3.20 I believe.\nThat's a cost that you can't get around, and you can't really innovate around those gas prices. Obviously, electric vehicles could potentially be that fix, but those costs are going up as well. [laughs] There's some projections that I was reading about how the national average of gas prices could be around $5 a gallon by the end of the year.\nThat could be really painful, not only on my wallet, but [laughs] not on a lot of Americans' wallets. Hopefully we can get that down. But to be honest with you, I'm expecting long-term inflation. I'm not expecting this to be a transitory thing.\nRachel Warren: I agree with you Connor and unfortunately, I don't really see this inflation just dying down overnight or going anywhere anytime soon. I think it's going to be much more of a gradual recovery and perhaps in some cases like what you were saying, we're going to see permanent pricing increases in some of these consumer good categories.\nI think it's something that businesses and consumers are going to have to contend with for a long time. I think people are adjusting to these changes hard as they are. I think it's also helpful to remember this isn't just a U.S. issue. This is a global problem for companies and consumers.\nI saw this interesting article on CNBC today and the Chief Financial Officer of a large Belgian Dutch grocer called Ahold Delhaize was talking about how the company is dealing with the supply chain bottlenecks that are also having this impact on inflation and everything else and she said, \"I think what we're definitely seeing is inflation is picking up. But what I would also say is that when you look at food at the smaller share of the wallet in some other categories.\"\nAnother thing was, a lot of these companies are saying this is something we are going to be seeing for quite a long time. The CEO of Siemens Energy told CNBC, the industrial world is going to be dealing with the supply chain bottleneck issues for a long time, which is also driving these other inflation problems. I don't think it's something that's going anywhere, anytime soon.\nAs a consumer, it's obviously not fun to see. I think it's something to be patient with and deal with as it comes. But jumping off of what Taylor was saying in terms of staying invested in the stock market, but maybe you do adjust the type of stocks that you buy during these times and sometimes especially during bumpy periods in the market, it can be a good time to look at your portfolio and see maybe it needs some rebalancing.\nMaybe the balance of stocks that are more prone to headwinds during these bumpy times could use some balancing with more stalwart stocks that aren't necessarily as prone to these inflationary pressures. I think even amid rising prices and high inflation, you think of companies like Amazon that reported impacted earnings due to related supply chain constraints. The market still managed to deliver record highs.\nRecently over the last few weeks we had that happen a couple of times. Try not to focus too much on one day in the stock market. When you look at the market performance over the long term, investors who they'd invested in the market has generated pretty great portfolio returns. I'm personally not changing the way I'm investing right now, but I may change some of the type of stocks I buy in the coming months for sure.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604969492,"gmtCreate":1639312023821,"gmtModify":1639312024372,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice !!!","listText":"Nice !!!","text":"Nice !!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604969492","repostId":"2190719536","repostType":4,"repost":{"id":"2190719536","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1639276390,"share":"https://www.laohu8.com/m/news/2190719536?lang=&edition=full","pubTime":"2021-12-12 10:33","market":"us","language":"en","title":"To the moon! Cryptocurrency was the most popular Reddit topic this year","url":"https://stock-news.laohu8.com/highlight/detail?id=2190719536","media":"Dow Jones","summary":"Reddit called users like its WallStreetBets community 'catalysts for real-world change' this year\nWh","content":"<p>Reddit called users like its WallStreetBets community 'catalysts for real-world change' this year</p>\n<p>While Reddit hosts more than 430 million monthly active users in over 100,000 communities who discuss everything under the sun, there was <a href=\"https://laohu8.com/S/AONE.U\">one</a> financial subject that cut through the online chatter this year: Cryptocurrency.</p>\n<p>The massive social network dropped its Reddit Recap 2021 this week, which rounds up the most popular posts, topics and conversations on its platform over the past year. And cryptocurrency was hands down the most popular topic on Reddit in 2021, with people mentioning \"crypto\" 6.6 million times. There are also more than 500 cryptocurrency communities on Reddit, and the five most popular ones this year were r/dogecoin, r/superstonk, r/cryptocurrency, r/amcstock, and r/bitcoin.</p>\n<p>The Most Viewed Topics of 2021 on Reddit</p>\n<p>Cryptocurrencies including Dogecoin , Ethereum and Shiba Inu also topped Google's 2021 Year in Search, which the Alphabet-owned <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> search engine released this week. \"Dogecoin\" and \"Ethereum price\" landed in the top 10 most-Googled news stories of the past year, both in the U.S. and across the globe. And the top two \"Where to buy\" Google searches were \"Where to buy Dogecoin?\" and \"Where to buy Shiba coin?\"</p>\n<p>Read more:Google's 2021 Year in Search: AMC and GME stocks, Dogecoin, stimulus checks and shortages dominated queries</p>\n<p>Whats's more, a recent Rover.com survey found that pet owners are actually naming their dogs \"Doge\" and their cats \"Bitcoin.\"</p>\n<p>And a group of crypto investors named ConstitutionDAO tried making history last month by crowdfunding more than $40 million to bid on a rare copy of the U.S. Constitution. Alas, it lost out to Citadel founder Ken Griffin, who spent $43.2 million on the historic document.</p>\n<p>Reddit notes that the rise of these retail and crypto investors looking to game the system has had real-world impact, such as the GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> short squeeze in January. Maybe. The year-end Reddit report credits redditors with being \"catalysts for real-world change\" over the past year.</p>\n<p>Want intel on all the news moving markets each day? Sign up for our daily Need to Know newsletter.</p>\n<p>\"From r/wallstreetbets and the crash of the One Simple Wish website, to the Battle of the Joshes, in 2021, the most notable moments on Reddit were when redditors took their comments, comradery, conversations, and more from URL to IRL,\" Reddit staff wrote in a blog post</p>\n<p>Reddit's year-end review notes that users created 366 million posts over the past year, which was a 19% increase year over year. And as of Nov. 9, 2021, Reddit drew more than 2.3 billion total comments and 46 billion upvotes; aka when users show their approval for a post by clicking an \"up\" arrow, which pushes the post toward the top of the site so that more people can see it.</p>\n<p>The three most upvoted Reddit posts of the year came from the retail investors on the WallStreetBets, and the Superstonk page (which describes itself as discussing GameStop stock specifically) saw a 917K% increase in subscribers year over year.</p>\n<p>Those eager to learn more about the sometimes volatile world of meme stocks can check out MarketWatch's MemeMoney column and weekly MemeMarkets videos on YouTube. Or stay up-to-speed with cryptocurrency market news here.</p>\n<p>And amid the Great Resignation, the r/antiwork subreddit has exploded. The number of \"idlers\" (aka members) in this community for \"those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on antiwork ideas and want personal help with their own jobs/work-related struggles\" spiked 279% this year.</p>\n<p>This video highlights the \"oddities and commodities\" discussed on Reddit this year, such as meme stocks like AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> and GameStop, supply chain issues, the billionaire space race and the breakout Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> hit \"Squid Game.\"</p>\n<p>Check out the full Reddit recap here</p>\n<p>-Nicole Lyn Pesce</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>To the moon! Cryptocurrency was the most popular Reddit topic this year</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\">\nTo the moon! Cryptocurrency was the most popular Reddit topic this year\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-12-12 10:33</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Reddit called users like its WallStreetBets community 'catalysts for real-world change' this year</p>\n<p>While Reddit hosts more than 430 million monthly active users in over 100,000 communities who discuss everything under the sun, there was <a href=\"https://laohu8.com/S/AONE.U\">one</a> financial subject that cut through the online chatter this year: Cryptocurrency.</p>\n<p>The massive social network dropped its Reddit Recap 2021 this week, which rounds up the most popular posts, topics and conversations on its platform over the past year. And cryptocurrency was hands down the most popular topic on Reddit in 2021, with people mentioning \"crypto\" 6.6 million times. There are also more than 500 cryptocurrency communities on Reddit, and the five most popular ones this year were r/dogecoin, r/superstonk, r/cryptocurrency, r/amcstock, and r/bitcoin.</p>\n<p>The Most Viewed Topics of 2021 on Reddit</p>\n<p>Cryptocurrencies including Dogecoin , Ethereum and Shiba Inu also topped Google's 2021 Year in Search, which the Alphabet-owned <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> search engine released this week. \"Dogecoin\" and \"Ethereum price\" landed in the top 10 most-Googled news stories of the past year, both in the U.S. and across the globe. And the top two \"Where to buy\" Google searches were \"Where to buy Dogecoin?\" and \"Where to buy Shiba coin?\"</p>\n<p>Read more:Google's 2021 Year in Search: AMC and GME stocks, Dogecoin, stimulus checks and shortages dominated queries</p>\n<p>Whats's more, a recent Rover.com survey found that pet owners are actually naming their dogs \"Doge\" and their cats \"Bitcoin.\"</p>\n<p>And a group of crypto investors named ConstitutionDAO tried making history last month by crowdfunding more than $40 million to bid on a rare copy of the U.S. Constitution. Alas, it lost out to Citadel founder Ken Griffin, who spent $43.2 million on the historic document.</p>\n<p>Reddit notes that the rise of these retail and crypto investors looking to game the system has had real-world impact, such as the GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> short squeeze in January. Maybe. The year-end Reddit report credits redditors with being \"catalysts for real-world change\" over the past year.</p>\n<p>Want intel on all the news moving markets each day? Sign up for our daily Need to Know newsletter.</p>\n<p>\"From r/wallstreetbets and the crash of the One Simple Wish website, to the Battle of the Joshes, in 2021, the most notable moments on Reddit were when redditors took their comments, comradery, conversations, and more from URL to IRL,\" Reddit staff wrote in a blog post</p>\n<p>Reddit's year-end review notes that users created 366 million posts over the past year, which was a 19% increase year over year. And as of Nov. 9, 2021, Reddit drew more than 2.3 billion total comments and 46 billion upvotes; aka when users show their approval for a post by clicking an \"up\" arrow, which pushes the post toward the top of the site so that more people can see it.</p>\n<p>The three most upvoted Reddit posts of the year came from the retail investors on the WallStreetBets, and the Superstonk page (which describes itself as discussing GameStop stock specifically) saw a 917K% increase in subscribers year over year.</p>\n<p>Those eager to learn more about the sometimes volatile world of meme stocks can check out MarketWatch's MemeMoney column and weekly MemeMarkets videos on YouTube. Or stay up-to-speed with cryptocurrency market news here.</p>\n<p>And amid the Great Resignation, the r/antiwork subreddit has exploded. The number of \"idlers\" (aka members) in this community for \"those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on antiwork ideas and want personal help with their own jobs/work-related struggles\" spiked 279% this year.</p>\n<p>This video highlights the \"oddities and commodities\" discussed on Reddit this year, such as meme stocks like AMC <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a> and GameStop, supply chain issues, the billionaire space race and the breakout Netflix <a href=\"https://laohu8.com/S/NFLX\">$(NFLX)$</a> hit \"Squid Game.\"</p>\n<p>Check out the full Reddit recap here</p>\n<p>-Nicole Lyn Pesce</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞","GME":"游戏驿站","BK4538":"云计算","BK4550":"红杉资本持仓","BK4076":"电脑与电子产品零售","BK4503":"景林资产持仓","BK4551":"寇图资本持仓","BK4077":"互动媒体与服务","AMC":"AMC院线","BK4547":"WSB热门概念","BK4561":"索罗斯持仓","BK4548":"巴美列捷福持仓","GOOGL":"谷歌A","BK4514":"搜索引擎","QNETCN":"纳斯达克中美互联网老虎指数","BK4532":"文艺复兴科技持仓","BK4108":"电影和娱乐","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4524":"宅经济概念","BK4527":"明星科技股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2190719536","content_text":"Reddit called users like its WallStreetBets community 'catalysts for real-world change' this year\nWhile Reddit hosts more than 430 million monthly active users in over 100,000 communities who discuss everything under the sun, there was one financial subject that cut through the online chatter this year: Cryptocurrency.\nThe massive social network dropped its Reddit Recap 2021 this week, which rounds up the most popular posts, topics and conversations on its platform over the past year. And cryptocurrency was hands down the most popular topic on Reddit in 2021, with people mentioning \"crypto\" 6.6 million times. There are also more than 500 cryptocurrency communities on Reddit, and the five most popular ones this year were r/dogecoin, r/superstonk, r/cryptocurrency, r/amcstock, and r/bitcoin.\nThe Most Viewed Topics of 2021 on Reddit\nCryptocurrencies including Dogecoin , Ethereum and Shiba Inu also topped Google's 2021 Year in Search, which the Alphabet-owned $(GOOGL)$ search engine released this week. \"Dogecoin\" and \"Ethereum price\" landed in the top 10 most-Googled news stories of the past year, both in the U.S. and across the globe. And the top two \"Where to buy\" Google searches were \"Where to buy Dogecoin?\" and \"Where to buy Shiba coin?\"\nRead more:Google's 2021 Year in Search: AMC and GME stocks, Dogecoin, stimulus checks and shortages dominated queries\nWhats's more, a recent Rover.com survey found that pet owners are actually naming their dogs \"Doge\" and their cats \"Bitcoin.\"\nAnd a group of crypto investors named ConstitutionDAO tried making history last month by crowdfunding more than $40 million to bid on a rare copy of the U.S. Constitution. Alas, it lost out to Citadel founder Ken Griffin, who spent $43.2 million on the historic document.\nReddit notes that the rise of these retail and crypto investors looking to game the system has had real-world impact, such as the GameStop $(GME)$ short squeeze in January. Maybe. The year-end Reddit report credits redditors with being \"catalysts for real-world change\" over the past year.\nWant intel on all the news moving markets each day? Sign up for our daily Need to Know newsletter.\n\"From r/wallstreetbets and the crash of the One Simple Wish website, to the Battle of the Joshes, in 2021, the most notable moments on Reddit were when redditors took their comments, comradery, conversations, and more from URL to IRL,\" Reddit staff wrote in a blog post\nReddit's year-end review notes that users created 366 million posts over the past year, which was a 19% increase year over year. And as of Nov. 9, 2021, Reddit drew more than 2.3 billion total comments and 46 billion upvotes; aka when users show their approval for a post by clicking an \"up\" arrow, which pushes the post toward the top of the site so that more people can see it.\nThe three most upvoted Reddit posts of the year came from the retail investors on the WallStreetBets, and the Superstonk page (which describes itself as discussing GameStop stock specifically) saw a 917K% increase in subscribers year over year.\nThose eager to learn more about the sometimes volatile world of meme stocks can check out MarketWatch's MemeMoney column and weekly MemeMarkets videos on YouTube. Or stay up-to-speed with cryptocurrency market news here.\nAnd amid the Great Resignation, the r/antiwork subreddit has exploded. The number of \"idlers\" (aka members) in this community for \"those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on antiwork ideas and want personal help with their own jobs/work-related struggles\" spiked 279% this year.\nThis video highlights the \"oddities and commodities\" discussed on Reddit this year, such as meme stocks like AMC $(AMC)$ and GameStop, supply chain issues, the billionaire space race and the breakout Netflix $(NFLX)$ hit \"Squid Game.\"\nCheck out the full Reddit recap here\n-Nicole Lyn Pesce","news_type":1},"isVote":1,"tweetType":1,"viewCount":388,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604969609,"gmtCreate":1639311967300,"gmtModify":1639311967903,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice!!!!","listText":"Nice!!!!","text":"Nice!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/604969609","repostId":"1103250344","repostType":4,"repost":{"id":"1103250344","pubTimestamp":1639280672,"share":"https://www.laohu8.com/m/news/1103250344?lang=&edition=full","pubTime":"2021-12-12 11:44","market":"us","language":"en","title":"US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1103250344","media":"renaissancecap...","summary":"The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to r","content":"<p>The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.</p>\n<p>IoT solutions developer<b>Samsara</b>(IOT) plans to raise $753 million at an $11.6 billion market cap. This \"internet-of-things\" company provides a cloud-based platform that connects the assets of businesses with physical operations, enhancing operational efficiency and asset and employee productivity. Fast growing but highly unprofitable, Samsara saw double-digit growth for customers with $100k+ ARR in the 9mo FY22.</p>\n<p>Wine brand<b>Fresh Vine Wine</b>(VINE) plans to raise $21 million at a $116 million market cap. This celebrity-founded company produces low carb, low calorie premium wines. Growing but highly unprofitable, Fresh Vine sells its wines through wholesale, retail, and DTC channels, and is able to conduct wholesale distribution in all 50 states and Puerto Rico.</p>\n<p>Micro-cap satellite developer<b>Sidus Space</b>(SIDU) plans to raise $15 million at an $81 million market cap. This company provides commercial satellite services such as design, manufacture, launch, and data collection. &nbsp;Sidus Space has generated space-related manufacturing revenues to date, but is highly unprofitable with negative gross margin in the 9mo21.</p>\n<p><img src=\"https://static.tigerbbs.com/ead80e54642569e2b7b368c8d50dc265\" tg-width=\"1409\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1619493174116","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>US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-12 11:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.\nIoT solutions developerSamsara(IOT) plans to raise $753 million at an $11.6 ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"VINE":"Fresh Vine Wine, Inc",".DJI":"道琼斯","SIDU":"Sidus Space Inc.",".IXIC":"NASDAQ Composite","IOT":"Samsara, Inc.",".SPX":"S&P 500 Index"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103250344","content_text":"The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.\nIoT solutions developerSamsara(IOT) plans to raise $753 million at an $11.6 billion market cap. This \"internet-of-things\" company provides a cloud-based platform that connects the assets of businesses with physical operations, enhancing operational efficiency and asset and employee productivity. Fast growing but highly unprofitable, Samsara saw double-digit growth for customers with $100k+ ARR in the 9mo FY22.\nWine brandFresh Vine Wine(VINE) plans to raise $21 million at a $116 million market cap. This celebrity-founded company produces low carb, low calorie premium wines. Growing but highly unprofitable, Fresh Vine sells its wines through wholesale, retail, and DTC channels, and is able to conduct wholesale distribution in all 50 states and Puerto Rico.\nMicro-cap satellite developerSidus Space(SIDU) plans to raise $15 million at an $81 million market cap. This company provides commercial satellite services such as design, manufacture, launch, and data collection.  Sidus Space has generated space-related manufacturing revenues to date, but is highly unprofitable with negative gross margin in the 9mo21.","news_type":1},"isVote":1,"tweetType":1,"viewCount":230,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605426949,"gmtCreate":1639225508676,"gmtModify":1639225509234,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/605426949","repostId":"2190620320","repostType":4,"repost":{"id":"2190620320","pubTimestamp":1639186716,"share":"https://www.laohu8.com/m/news/2190620320?lang=&edition=full","pubTime":"2021-12-11 09:38","market":"us","language":"en","title":"UPDATE 1-Tesla's Elon Musk says he is 'thinking of quitting' his jobs","url":"https://stock-news.laohu8.com/highlight/detail?id=2190620320","media":"Reuters","summary":"Dec 10 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk is \"thinking of\" leaving his jobs and","content":"<p>Dec 10 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk is \"thinking of\" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.</p>\n<p>\"Thinking of quitting my jobs &amp; becoming an influencer full-time wdyt,\" Musk said in the tweet, without elaborating.</p>\n<p>It was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.</p>\n<p>Musk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for \"several years.\"</p>\n<p>\"It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days a week. Pretty intense.\"</p>\n<p>Last month, he asked his followers on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion since.</p>\n<p>The billionaire is known for his Twitter banter and lively interactions with followers which have in the past raised regulatory and corporate governance questions, lawyers have said Musk was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.</p>\n<p>Howard Fischer, a partner at law firm Moses &amp; Singer, said he doubted Musk's latest tweets violated any rules because they were too vague.</p>\n<p>He added: \"I think that Musk’s social media comments are subject to a substantial discount, as it were, by the market, as compared to other executives.\" </p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UPDATE 1-Tesla's Elon Musk says he is 'thinking of quitting' his jobs</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\">\nUPDATE 1-Tesla's Elon Musk says he is 'thinking of quitting' his jobs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-11 09:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/1-teslas-elon-musk-says-170705406.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dec 10 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk is \"thinking of\" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.\n\"Thinking of quitting my jobs ...</p>\n\n<a href=\"https://finance.yahoo.com/news/1-teslas-elon-musk-says-170705406.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","BK4551":"寇图资本持仓","BK4527":"明星科技股","BK4534":"瑞士信贷持仓","BK4550":"红杉资本持仓","BK4555":"新能源车","TSLA":"特斯拉","BK4533":"AQR资本管理(全球第二大对冲基金)"},"source_url":"https://finance.yahoo.com/news/1-teslas-elon-musk-says-170705406.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2190620320","content_text":"Dec 10 (Reuters) - Tesla Inc Chief Executive Officer Elon Musk is \"thinking of\" leaving his jobs and becoming an influencer, the world's richest man tweeted on Thursday.\n\"Thinking of quitting my jobs & becoming an influencer full-time wdyt,\" Musk said in the tweet, without elaborating.\nIt was not immediately clear if Musk, a prolific user of the social media platform, was being serious about quitting his roles.\nMusk, who is also the founder and CEO of rocket company SpaceX, and leads brain-chip startup Neuralink and infrastructure firm The Boring Company, said during a conference call in January that he expects to be the CEO of Tesla for \"several years.\"\n\"It would be nice to have a bit more free time on my hands as opposed to just working day and night, from when I wake up to when I go to sleep 7 days a week. Pretty intense.\"\nLast month, he asked his followers on Twitter whether he should sell 10% of his stake in the electric-car maker, to which the majority agreed. He has sold shares worth nearly $12 billion since.\nThe billionaire is known for his Twitter banter and lively interactions with followers which have in the past raised regulatory and corporate governance questions, lawyers have said Musk was fined $20 million by the U.S. Securities and Exchange Commission for tweets in 2018 and was required to step down as chairman.\nHoward Fischer, a partner at law firm Moses & Singer, said he doubted Musk's latest tweets violated any rules because they were too vague.\nHe added: \"I think that Musk’s social media comments are subject to a substantial discount, as it were, by the market, as compared to other executives.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605428427,"gmtCreate":1639225489730,"gmtModify":1639225490326,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/605428427","repostId":"2190275356","repostType":4,"repost":{"id":"2190275356","pubTimestamp":1639186995,"share":"https://www.laohu8.com/m/news/2190275356?lang=&edition=full","pubTime":"2021-12-11 09:43","market":"us","language":"en","title":"China's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2190275356","media":"Reuters","summary":"(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become ","content":"<p>(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.</p>\n<p>The deal, which is pending court approval, winds down a long-gestating restructuring process for the beleaguered Tsinghua Unigroup, which was once poised to be China's chip champion but later found itself saddled with debt.</p>\n<p>It is also a blow for Alibaba Group Holding Co Ltd, which was competing with state-backed Jianguang Asset Management to purchase the company in order to bolster its fledgling chip division.</p>\n<p>The size of the investment was not disclosed in Unigroup's statement. A Unigroup spokesperson referred queries to the company statement.</p>\n<p>Tsinghua Unigroup was originally 51% owned by China's prestigious Tsinghua university and led by former real estate magnate Zhao Weiguo.</p>\n<p>Under Zhao, Unigroup invested aggressively in various chip companies, in tandem with a government push to boost China's semiconductor industry.</p>\n<p>Yet few of those bets turned out successful, which caused the company to cross-default on onshore and offshore bonds worth about $3.6 billion by the end of 2020. The following year it received a court order calling for its restructuring.</p>\n<p>In July, Reuters reported that Alibaba and Jianguang Asset Management, also known as JAC Capital, were among a number of firms competing to purchase Unisplendour, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the main revenue generating units under the Unigroup umbrella.</p>\n<p>Unigroup also has stakes in Unisoc, a maker of smartphone application processor chips, and Yangtze Memory Technology Company, a maker of flash memory.</p>\n<p>DATA TROUBLE</p>\n<p>JAC is a private equity firm indirectly owned by China's sovereign wealth fund under the state council.</p>\n<p>According to public filings, the firm indirectly controls Wise Road Capital, a fund which brokered a number of cross-border deals for China's chip sector.</p>\n<p>A company source briefed on the deal said Alibaba was the frontrunner to purchase Unigroup, and hoped to use it to bolster its own cloud computing and chip division.</p>\n<p>However, last minute concerns about data security arose after Chinese ride-hailing giant Didi Chuxing was hit with an unexpected regulatory probe in Beijing for allegedly violating data privacy laws, just days after it listed in New York.</p>\n<p>Alibaba's status as a U.S.-listed company caused a working group managing Unigroup's restructuring to ultimately favor JAC.</p>\n<p>\"The working group was concerned that if Alibaba was picked, some fundamental information about chips would have to be disclosed to the U.S. government and this info would be linked to national security,\" the source said.</p>\n<p>Alibaba did not immediately respond to a request for comment.</p>\n<p>(Reporting Josh Horwitz and the Beijing NewsroomWriting by Tom DalyEditing by David Goodman and Mark Potter)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal</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\">\nChina's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-11 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chinas-chip-conglomerate-unigroup-gets-120850509.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.\nThe...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinas-chip-conglomerate-unigroup-gets-120850509.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/89e5ee38a5ef188acb46afffabd76104","relate_stocks":{"09988":"阿里巴巴-SW","BK4565":"NFT概念","BK4554":"元宇宙及AR概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BABA":"阿里巴巴","BK4558":"双十一","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4538":"云计算","BK4527":"明星科技股","BK4526":"热门中概股","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓"},"source_url":"https://finance.yahoo.com/news/chinas-chip-conglomerate-unigroup-gets-120850509.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2190275356","content_text":"(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.\nThe deal, which is pending court approval, winds down a long-gestating restructuring process for the beleaguered Tsinghua Unigroup, which was once poised to be China's chip champion but later found itself saddled with debt.\nIt is also a blow for Alibaba Group Holding Co Ltd, which was competing with state-backed Jianguang Asset Management to purchase the company in order to bolster its fledgling chip division.\nThe size of the investment was not disclosed in Unigroup's statement. A Unigroup spokesperson referred queries to the company statement.\nTsinghua Unigroup was originally 51% owned by China's prestigious Tsinghua university and led by former real estate magnate Zhao Weiguo.\nUnder Zhao, Unigroup invested aggressively in various chip companies, in tandem with a government push to boost China's semiconductor industry.\nYet few of those bets turned out successful, which caused the company to cross-default on onshore and offshore bonds worth about $3.6 billion by the end of 2020. The following year it received a court order calling for its restructuring.\nIn July, Reuters reported that Alibaba and Jianguang Asset Management, also known as JAC Capital, were among a number of firms competing to purchase Unisplendour, one of the main revenue generating units under the Unigroup umbrella.\nUnigroup also has stakes in Unisoc, a maker of smartphone application processor chips, and Yangtze Memory Technology Company, a maker of flash memory.\nDATA TROUBLE\nJAC is a private equity firm indirectly owned by China's sovereign wealth fund under the state council.\nAccording to public filings, the firm indirectly controls Wise Road Capital, a fund which brokered a number of cross-border deals for China's chip sector.\nA company source briefed on the deal said Alibaba was the frontrunner to purchase Unigroup, and hoped to use it to bolster its own cloud computing and chip division.\nHowever, last minute concerns about data security arose after Chinese ride-hailing giant Didi Chuxing was hit with an unexpected regulatory probe in Beijing for allegedly violating data privacy laws, just days after it listed in New York.\nAlibaba's status as a U.S.-listed company caused a working group managing Unigroup's restructuring to ultimately favor JAC.\n\"The working group was concerned that if Alibaba was picked, some fundamental information about chips would have to be disclosed to the U.S. government and this info would be linked to national security,\" the source said.\nAlibaba did not immediately respond to a request for comment.\n(Reporting Josh Horwitz and the Beijing NewsroomWriting by Tom DalyEditing by David Goodman and Mark Potter)","news_type":1},"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605428561,"gmtCreate":1639225465987,"gmtModify":1639225466587,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/605428561","repostId":"2190675480","repostType":4,"repost":{"id":"2190675480","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1639187514,"share":"https://www.laohu8.com/m/news/2190675480?lang=&edition=full","pubTime":"2021-12-11 09:51","market":"us","language":"en","title":"3M hit with $22.5 million verdict in latest U.S. military earplug trial","url":"https://stock-news.laohu8.com/highlight/detail?id=2190675480","media":"Reuters","summary":"Dec 10  - A federal jury on Friday awarded $22.5 million to a U.S. Army veteran who alleged that combat earplugs sold by $3M$ Co caused him to suffer hearing loss and tinnitus, the biggest verdict yet in massive litigation over the product.Jurors in Pensacola, Florida, sided with former U.S. Army soldier Theodore Finley in the latest trial to result from more than 272,000 lawsuits by servicemembers and veterans who say defective earplugs made by 3M caused their hearing damage.Finley, who used th","content":"<p>Dec 10 (Reuters) - A federal jury on Friday awarded $22.5 million to a U.S. Army veteran who alleged that combat earplugs sold by <a href=\"https://laohu8.com/S/MMM\">3M</a> Co caused him to suffer hearing loss and tinnitus, the biggest verdict yet in massive litigation over the product.</p>\n<p>Jurors in Pensacola, Florida, sided with former U.S. Army soldier Theodore Finley in the latest trial to result from more than 272,000 lawsuits by servicemembers and veterans who say defective earplugs made by 3M caused their hearing damage.</p>\n<p>Finley, who used the earplugs while serving in the Army from 2006 to 2014, was awarded $7.5 million in compensatory damages and $15 million in punitive damages. The verdict surpassed the $13 million jurors awarded a U.S. Army sergeant last month.</p>\n<p>The trial was the eighth so far to reach a verdict, with plaintiffs in four other cases winning more than $28 million combined. Juries sided 3M in three others, and two more trials are underway, with more to come.</p>\n<p>\"We will ensure that 3M is held fully accountable for putting profits over the safety of those who served our nation,\" the lead lawyers for the plaintiffs - Bryan Aylstock, Shelley Hutson and Christopher Seeger - said in a joint statement.</p>\n<p>3M did not respond to a request for comment. It has contended the Combat Arms Earplugs Version 2 were effective and safe to use.</p>\n<p>Aearo Technologies LLC, which 3M bought in 2008, developed the product. Plaintiffs allege the company hid design flaws, fudged test results and failed to provide instruction in the proper use of the earplugs.</p>\n<p>For the earplugs to work properly, the flexible cups on the side protruding from the ear sometimes had to be folded back. If not, the plugs would slowly loosen and noise would seep in. Veterans contend 3M failed to convey the need to fold the plugs.</p>\n<p>(Reporting by Nate Raymond in Boston Editing by Sonya Hepinstall)</p>\n<p>((Nate.Raymond@thomsonreuters.com and <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> @nateraymond; 347-243-6917; Reuters Messaging: nate.raymond.thomsonreuters.com@reuters.net))</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>3M hit with $22.5 million verdict in latest U.S. military earplug trial</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\">\n3M hit with $22.5 million verdict in latest U.S. military earplug trial\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-12-11 09:51</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dec 10 (Reuters) - A federal jury on Friday awarded $22.5 million to a U.S. Army veteran who alleged that combat earplugs sold by <a href=\"https://laohu8.com/S/MMM\">3M</a> Co caused him to suffer hearing loss and tinnitus, the biggest verdict yet in massive litigation over the product.</p>\n<p>Jurors in Pensacola, Florida, sided with former U.S. Army soldier Theodore Finley in the latest trial to result from more than 272,000 lawsuits by servicemembers and veterans who say defective earplugs made by 3M caused their hearing damage.</p>\n<p>Finley, who used the earplugs while serving in the Army from 2006 to 2014, was awarded $7.5 million in compensatory damages and $15 million in punitive damages. The verdict surpassed the $13 million jurors awarded a U.S. Army sergeant last month.</p>\n<p>The trial was the eighth so far to reach a verdict, with plaintiffs in four other cases winning more than $28 million combined. Juries sided 3M in three others, and two more trials are underway, with more to come.</p>\n<p>\"We will ensure that 3M is held fully accountable for putting profits over the safety of those who served our nation,\" the lead lawyers for the plaintiffs - Bryan Aylstock, Shelley Hutson and Christopher Seeger - said in a joint statement.</p>\n<p>3M did not respond to a request for comment. It has contended the Combat Arms Earplugs Version 2 were effective and safe to use.</p>\n<p>Aearo Technologies LLC, which 3M bought in 2008, developed the product. Plaintiffs allege the company hid design flaws, fudged test results and failed to provide instruction in the proper use of the earplugs.</p>\n<p>For the earplugs to work properly, the flexible cups on the side protruding from the ear sometimes had to be folded back. If not, the plugs would slowly loosen and noise would seep in. Veterans contend 3M failed to convey the need to fold the plugs.</p>\n<p>(Reporting by Nate Raymond in Boston Editing by Sonya Hepinstall)</p>\n<p>((Nate.Raymond@thomsonreuters.com and <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> @nateraymond; 347-243-6917; Reuters Messaging: nate.raymond.thomsonreuters.com@reuters.net))</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4533":"AQR资本管理(全球第二大对冲基金)","BK4512":"苹果概念","MMM":"3M","BK4206":"工业集团企业","BK4534":"瑞士信贷持仓"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2190675480","content_text":"Dec 10 (Reuters) - A federal jury on Friday awarded $22.5 million to a U.S. Army veteran who alleged that combat earplugs sold by 3M Co caused him to suffer hearing loss and tinnitus, the biggest verdict yet in massive litigation over the product.\nJurors in Pensacola, Florida, sided with former U.S. Army soldier Theodore Finley in the latest trial to result from more than 272,000 lawsuits by servicemembers and veterans who say defective earplugs made by 3M caused their hearing damage.\nFinley, who used the earplugs while serving in the Army from 2006 to 2014, was awarded $7.5 million in compensatory damages and $15 million in punitive damages. The verdict surpassed the $13 million jurors awarded a U.S. Army sergeant last month.\nThe trial was the eighth so far to reach a verdict, with plaintiffs in four other cases winning more than $28 million combined. Juries sided 3M in three others, and two more trials are underway, with more to come.\n\"We will ensure that 3M is held fully accountable for putting profits over the safety of those who served our nation,\" the lead lawyers for the plaintiffs - Bryan Aylstock, Shelley Hutson and Christopher Seeger - said in a joint statement.\n3M did not respond to a request for comment. It has contended the Combat Arms Earplugs Version 2 were effective and safe to use.\nAearo Technologies LLC, which 3M bought in 2008, developed the product. Plaintiffs allege the company hid design flaws, fudged test results and failed to provide instruction in the proper use of the earplugs.\nFor the earplugs to work properly, the flexible cups on the side protruding from the ear sometimes had to be folded back. If not, the plugs would slowly loosen and noise would seep in. Veterans contend 3M failed to convey the need to fold the plugs.\n(Reporting by Nate Raymond in Boston Editing by Sonya Hepinstall)\n((Nate.Raymond@thomsonreuters.com and Twitter @nateraymond; 347-243-6917; Reuters Messaging: nate.raymond.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602537392,"gmtCreate":1639039923656,"gmtModify":1639039924144,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/602537392","repostId":"1153197163","repostType":4,"repost":{"id":"1153197163","pubTimestamp":1639037797,"share":"https://www.laohu8.com/m/news/1153197163?lang=&edition=full","pubTime":"2021-12-09 16:16","market":"us","language":"en","title":"Coinbase Stock: Bull vs. Bear","url":"https://stock-news.laohu8.com/highlight/detail?id=1153197163","media":"Motley Fool","summary":"The biggest crypto marketplace hasn't performed nearly as well as some of the biggest coins on its platform.","content":"<p>Mainstream cryptocurrency exchange&nbsp;<b>Coinbase Global</b>&nbsp;is the largest and best-known marketplace. Over 73 million verified users and some 10,000 institutions use its&nbsp;platform for investing in and holding&nbsp;around 120 different cryptocurrencies.</p>\n<p>The popular, easy-to-use interface has seen assets soar to $255 billion at the end of the third quarter, a seven-fold increase from the $36 billion it had one year ago. Despite the stellar gains, its stock hasn't been quite a star performer, with shares down about 20% from their debut via a direct listing in April.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/68edf653981c880834000e5072fb8304\" tg-width=\"2000\" tg-height=\"1373\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<p>As a pick-and-shovel play on cryptocurrency, Coinbase has the potential to be a major winning investment, regardless of whether&nbsp;<b>Bitcoin</b>&nbsp;maintains its dominance or&nbsp;<b>Solana</b>&nbsp;or&nbsp;<b>Cardano</b>&nbsp;prove to be actual&nbsp;<b>Ethereum</b>&nbsp;killers.</p>\n<p>However, it's still a hardscrabble play that has yet to perform as well as expected, and for some very good reasons. Below, you can divide into the bear and bull case for whether this is the&nbsp;best time to buy this crypto marketplace&nbsp;for your portfolio.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/542df2fd97487544fabce5abd68a05ea\" tg-width=\"2000\" tg-height=\"1356\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<p><b>The other side of the Coinbase</b></p>\n<p><b>Rick Munarriz:</b>There's a lot to like about Coinbase as an investor -- until you start to zoom in as a crypto trader. Coinbase is the mainstream name that even crypto outsiders know,&nbsp;and understandably so with $255 billion in assets on platform. Unfortunately, it's more like&nbsp;crypto investing&nbsp;on training wheels. It's a nest to chirp away in as a baby bird until you're ready to fly. It's the first person you date and ultimately leave when things start to get serious.</p>\n<p>Crack open the hood, and you'll see a platform with high trading fees, a history of iffy customer service when things go wrong, and limited options to generate passive income on your investments. You might think it's great that you can earn 4.5% annually on your staked Ethereum, but that's only if you lock it up until the world's second-most-valuable digital currency completes its migration to proof of work. You can&nbsp;earn more than 4.5%&nbsp;on several smaller platforms without having to wait for an event with no actual date to regain access to your crypto. You would think that Coinbase would be the leader in yield on&nbsp;<b>USD Coin</b>, the dollar-pegged stablecoin that it created. Nope. All you can earn is 0.15% a year, whereas you can earn&nbsp;yields topping 10%&nbsp;on other platforms.</p>\n<p>Stock investors wooed by Coinbase and its high margins may want to take a closer look at the surprisingly low trailing earnings multiple. It's padded with one-time gains and a perfect storm that is highly unlikely to be duplicated. Analysts see earnings roughly cut in half next year. The bottom line isn't the only thing that is shrinking here. Monthly transacting users went from 8.8 million in the second quarter of this year to just 7.4 million in the third quarter. Trading volume in its latest report was lower than each of its two previous quarters. Cool nest. It's time to flap those wings and fly. It's not me. It's you.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5e2e4882a68944561380c7ec61f00bb8\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<p><b>Patience is still key to investing</b></p>\n<p><b>Rich Duprey:</b>Even in the crypto world, patience is an investor virtue. Even though Bitcoin has gone up 8 billion percent and&nbsp;<b>Shiba Inu</b>&nbsp;has rocketed 53 million percent higher just in 2021 alone, having a long-term outlook is justified when it comes to Coinbase despite it actually being down 38% from its high point.</p>\n<p>Volatility should be expected in the&nbsp;early days of crypto, let alone Coinbase, but such wild swings will impact its transaction revenue.&nbsp;As my colleague Rick notes, global trading volume for the third quarter was down 37% from the second quarter, leading to a 29% drop in Coinbase's volume.</p>\n<p>Even so, Coinbase was able to report having 7.4 million monthly transacting users helping it to generate $1.2 billion in revenue -- the third straight quarter of over $1 billion generated. It reported $612 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), giving it amazing profit margins of 50%.</p>\n<p>So it's clear the business is solid and on a firm foundation, though I don't disagree with Rick that Coinbase can do some things better. Much better, even. Still, revenue is forecast to surge to over $8 billion by 2024 when adjusted EBITDA is expected to hit $2.8 billion.</p>\n<p>Coinbase has been focused on achieving critical mass, and now as the preeminent crypto marketplace, it has the resources to further innovate in the space. This is a crypto name that has the potential to double, triple, or&nbsp;even become a ten-bagger&nbsp;for investors, so long as they have the patience to ride it out.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Coinbase Stock: Bull vs. Bear</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\">\nCoinbase Stock: Bull vs. Bear\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-09 16:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/08/coinbase-stock-bull-vs-bear/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mainstream cryptocurrency exchange Coinbase Global is the largest and best-known marketplace. Over 73 million verified users and some 10,000 institutions use its platform for investing in and holding ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/08/coinbase-stock-bull-vs-bear/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2021/12/08/coinbase-stock-bull-vs-bear/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153197163","content_text":"Mainstream cryptocurrency exchange Coinbase Global is the largest and best-known marketplace. Over 73 million verified users and some 10,000 institutions use its platform for investing in and holding around 120 different cryptocurrencies.\nThe popular, easy-to-use interface has seen assets soar to $255 billion at the end of the third quarter, a seven-fold increase from the $36 billion it had one year ago. Despite the stellar gains, its stock hasn't been quite a star performer, with shares down about 20% from their debut via a direct listing in April.\nImage source: Getty Images.\nAs a pick-and-shovel play on cryptocurrency, Coinbase has the potential to be a major winning investment, regardless of whether Bitcoin maintains its dominance or Solana or Cardano prove to be actual Ethereum killers.\nHowever, it's still a hardscrabble play that has yet to perform as well as expected, and for some very good reasons. Below, you can divide into the bear and bull case for whether this is the best time to buy this crypto marketplace for your portfolio.\nImage source: Getty Images.\nThe other side of the Coinbase\nRick Munarriz:There's a lot to like about Coinbase as an investor -- until you start to zoom in as a crypto trader. Coinbase is the mainstream name that even crypto outsiders know, and understandably so with $255 billion in assets on platform. Unfortunately, it's more like crypto investing on training wheels. It's a nest to chirp away in as a baby bird until you're ready to fly. It's the first person you date and ultimately leave when things start to get serious.\nCrack open the hood, and you'll see a platform with high trading fees, a history of iffy customer service when things go wrong, and limited options to generate passive income on your investments. You might think it's great that you can earn 4.5% annually on your staked Ethereum, but that's only if you lock it up until the world's second-most-valuable digital currency completes its migration to proof of work. You can earn more than 4.5% on several smaller platforms without having to wait for an event with no actual date to regain access to your crypto. You would think that Coinbase would be the leader in yield on USD Coin, the dollar-pegged stablecoin that it created. Nope. All you can earn is 0.15% a year, whereas you can earn yields topping 10% on other platforms.\nStock investors wooed by Coinbase and its high margins may want to take a closer look at the surprisingly low trailing earnings multiple. It's padded with one-time gains and a perfect storm that is highly unlikely to be duplicated. Analysts see earnings roughly cut in half next year. The bottom line isn't the only thing that is shrinking here. Monthly transacting users went from 8.8 million in the second quarter of this year to just 7.4 million in the third quarter. Trading volume in its latest report was lower than each of its two previous quarters. Cool nest. It's time to flap those wings and fly. It's not me. It's you.\nImage source: Getty Images.\nPatience is still key to investing\nRich Duprey:Even in the crypto world, patience is an investor virtue. Even though Bitcoin has gone up 8 billion percent and Shiba Inu has rocketed 53 million percent higher just in 2021 alone, having a long-term outlook is justified when it comes to Coinbase despite it actually being down 38% from its high point.\nVolatility should be expected in the early days of crypto, let alone Coinbase, but such wild swings will impact its transaction revenue. As my colleague Rick notes, global trading volume for the third quarter was down 37% from the second quarter, leading to a 29% drop in Coinbase's volume.\nEven so, Coinbase was able to report having 7.4 million monthly transacting users helping it to generate $1.2 billion in revenue -- the third straight quarter of over $1 billion generated. It reported $612 million in adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA), giving it amazing profit margins of 50%.\nSo it's clear the business is solid and on a firm foundation, though I don't disagree with Rick that Coinbase can do some things better. Much better, even. Still, revenue is forecast to surge to over $8 billion by 2024 when adjusted EBITDA is expected to hit $2.8 billion.\nCoinbase has been focused on achieving critical mass, and now as the preeminent crypto marketplace, it has the resources to further innovate in the space. This is a crypto name that has the potential to double, triple, or even become a ten-bagger for investors, so long as they have the patience to ride it out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":602537099,"gmtCreate":1639039903454,"gmtModify":1639039903986,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/602537099","repostId":"2190503698","repostType":4,"repost":{"id":"2190503698","pubTimestamp":1639038865,"share":"https://www.laohu8.com/m/news/2190503698?lang=&edition=full","pubTime":"2021-12-09 16:34","market":"us","language":"en","title":"'Proceed with caution': here's what Wall Street analysts see for the U.S. stock market in 2022","url":"https://stock-news.laohu8.com/highlight/detail?id=2190503698","media":"MarketWatch","summary":"'2022 will be a critical year when the imbalances wrought by the global pandemic begin to resolve an","content":"<p>'2022 will be a critical year when the imbalances wrought by the global pandemic begin to resolve and the business cycle normalizes from extremes,' says <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>'s Lisa Shalett</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/71e96005daaaf18cef4eb11fc31ef1c7\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>‘Marginally tighter monetary policy’ should be a headwind for markets in 2022, JPMorgan strategists say</span></p>\n<p>The recent spike in market volatility may herald a bumpier U.S. stock market in 2022, as investors come to grips with an inflection point in monetary policy in the pandemic.</p>\n<p>\"There probably will be some elevated volatility around the potential tightening of Fed policy,\" said Shawn Snyder, head of investment strategy at Citigroup's U.S. consumer wealth management division, in a phone interview. \"Omicron throws in a bit of a wrench\" to the 2022 outlook, he said of the new variant of the coronavirus, though investors have appeared encouraged by some early signs that it may be less dangerous than initially feared.</p>\n<p>The CBOE Volatility Index , or VIX, jumped in late November and remains above its 200-day moving average even after subsiding since last week, according to FactSet data. The VIX broke above 30 last week for the first time since the first quarter of 2021, the data show, amid market jitters over the emergence of omicron and the potential move by the Federal Reserve to remove some accommodation from the market faster than investors had anticipated.</p>\n<p>\"That's a big transition that creates tension for investors,\" said Lauren Goodwin, economist and director of portfolio strategy at New York Life Investment, in a phone interview. The Fed looks to be positioning for more flexibility for potential interest rate hikes next year, with increased inflationary pressure likely to mean more rate rises in 2022 than currently expected, creating more market risk, she said.</p>\n<p>Some investors worry that interest rate-sensitive growth and technology stocks would be particularly vulnerable should the Fed aggressively tighten its monetary policy through rate hikes. The S&amp;P 500 index, which has a large exposure to tech, is on track for a third straight year of strong gains after rising almost 25% in 2021 through Tuesday, according to FactSet.</p>\n<p>The U.S. stock market will probably deliver more modest gains \"accompanied by higher volatility\" next year, Jeffrey Kleintop, chief global investment strategist at Charles Schwab, told MarketWatch by phone.</p>\n<p>Goodwin said she also expects increased volatility, amid transitions that include the fading of the fiscal stimulus that provided direct support to consumers during the COVID-19 crisis and the Fed taking its \"foot off the gas\" in the economic recovery. She expects \"much lower\" stock-market returns next year compared to gains so far in 2021.</p>\n<p>\"Most of the equity upside should be realized between now\" and the first half of 2022, \"when monetary and fiscal policy tailwinds will be strongest,\" JPMorgan Chase &amp; Co. strategists said in a 2022 outlook report Wednesday.</p>\n<p>Wall Street banks have been rolling out their 2022 forecasts for the S&amp;P 500, with Goldman Sachs Group and JPMorgan being among the most bullish on U.S. stocks.</p>\n<p>Goldman expects the S&amp;P 500 will end 2022 at 5,100, according to a portfolio strategy research report from the bank dated Dec. 3. Meanwhile, JPMorgan analysts predicted in a research report at the end of November that the U.S. stock benchmark will rise next year to 5,050, partly on \"robust earnings growth\" and easing supply chain woes. RBC Capital Markets has forecast the same price target as JPMorgan, while Deutsche Bank predicts the S&amp;P 500 will end next year at 5,000, according to a slide presentation from its chief investment office.</p>\n<p>Meanwhile, Citigroup set an S&amp;P 500 target of 4,900 for the end of 2022, a research report from the bank in late October shows. Coming in below that level, Barclays predicted in a U.S. equity strategy report this month that the index will finish next year at 4,800.</p>\n<p>\"Proceed with caution,\" the Barclays analysts wrote in their 2022 outlook report dated Dec. 2. \"We see limited upside for equities next year,\" they said. In their view, \"household and corporate cash hoards should support modest earnings growth but persistent supply chain woes, reversal of goods consumption to trend&nbsp;are key tail risks.\"</p>\n<p>Bank of America's analysts have a lower price target than Barclays for the S&amp;P 500 next year, with a BofA Global Research report last month showing the benchmark will end 2022 at 4,600.</p>\n<p>\"Unfortunately we see a lot of similarities between today and 2000 -- the tech bubble peak,\" said Savita Subramanian, head of equity and quant strategy at BofA, during a late November media briefing on their U.S. stock market outlook.</p>\n<p>Morgan Stanley has a more bearish outlook for next year that puts the S&amp;P 500 below the index's close Tuesday at 4,686.75. A report Monday from the bank's wealth management division shows a base-case forecast of 4,400 for the S&amp;P 500 at the end of 2022 even with an expected gain in earnings.</p>\n<p>\"We expect the S&amp;P 500 to be range-bound and volatile, and bond returns to be negative net of inflation,\" said Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, in the note. \"Fixed income should be reduced to fund greater exposure to real assets and to absolute return funds.\"</p>\n<p>The core of Morgan Stanley's \"cautious\" view on the S&amp;P 500 is based on price-to-earnings ratios typically compressing during \"a midcycle transition,\" Shalett said. She pointed to a chart in her note showing that \"median stock has traversed the midcycle transition.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/641e64a82babbbd377cb43247c437118\" tg-width=\"700\" tg-height=\"397\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY WEALTH MANAGEMENT REPORT DATED DEC. 6, 2021</span></p>\n<p>The chart shows \"the median S&amp;P 500 stock has corrected 15% from its 52-week high,\" but the index has been kept aloft by the 15 largest companies now accounting for 40% of its market capitalization, according to her note.</p>\n<p>\"While they may be great companies, we are less convinced they will all be great stocks in 2022 as financial conditions tighten, interest rates rise, employment costs increase and inflation remains challenging,\" Shalett said. \"We think profit margins for the top 15 have peaked.\"</p>\n<p>In Morgan Stanley's view, \"this suggests investors should move toward stock picking and away from passive index funds,\" her note shows.</p>\n<p>JPMorgan expects that \"international equities, emerging markets and cyclical market segments will significantly outperform,\" according to its report Wednesday.</p>\n<p>\"The reason for this is our expectation for increasing interest rates and marginally tighter monetary policy that should be a headwind for high-multiple markets such as the Nasdaq,\" the JPMorgan strategists wrote, citing the tech-laden Nasdaq Composite Index .</p>\n<p>Citi's Snyder told MarketWatch that during \"midcycle\" he likes high-quality stocks, \"dividend-growers\" and global healthcare equities. Consistent earnings growth and \"reasonable valuations\" make healthcare attractive, he said, and stock bets in the area can serve as \"a volatility dampener\" in portfolios.</p>\n<p>Immunology is one of three megatrends poised to accelerate next year as \"a range of next-gen oncological therapeutics come up for approval and enable more targeted cancer treatment,\" according to Jeff Spiegel, head of U.S. iShares megatrend and international ETFs. Shares of the iShares Genomics Immunology and Healthcare ETF&nbsp;were up about 0.2% this year based on midday trading Wednesday, FactSet data show, at last check.</p>\n<p>Two other megatrends to watch in 2022 are \"digital transformation\" intensifying through the cloud, 5G and cybersecurity, and \"automation technologies\" such as robotics and artificial intelligence, Spiegel wrote in a report this month. Automation technologies should grow \"in response to ongoing supply chain bottlenecks and wage inflation\" in the pandemic, he wrote.</p>\n<p>\"I think we'll actually be dealing with gluts next year rather than shortages,\" said Charles Schwab's Kleintop. \"That will help drive down inflation, particularly in the second half of next year, making an aggressive path of rate hikes unlikely.\"</p>\n<p>The market is expecting three rate hikes by the U.S. central bank in 2022 after Fed Chair Jerome Powell signaled last week that it may speed up the tapering of its monthly asset purchases, said Deepak Puri, Deutsche Bank's CIO for the America, during a media briefing Monday on his outlook for next year.</p>\n<p>While the Fed may become more aggressive in tapering its bond purchases, potentially completing the process in March instead of June, said Puri, he expects the Fed will still be \"dovish\" on rates next year. Puri forecasts that the Fed will raise rates just once next year, which is below consensus, he said.</p>\n<p>\"We expect two rate hikes next year,\" said New York Life Investment's Goodwin.</p>\n<p>Morgan Stanley's Shalett wrote in her 2022 outlook note that \"we see a classic reflationary rebalancing in which higher nominal and real rates reflect higher average growth and inflation rates.\" She also expects yield curves will steepen, profit margins to be squeezed by rising costs, and price-to-earnings ratios to compress in \"rate-sensitive sectors.\"</p>\n<p>\"Within the U.S., we like reopening and reflationary themes and beneficiaries of higher bond yields,\" JPMorgan said in its report Wednesday. The bank's strategists expect the yield on the 10-year Treasury note will rise to 2.25% by the end of next year, the report shows.</p>\n<p>\"Our view is that 2022 will be the year of a full global recovery, an end of the global pandemic, and a return to normal conditions we had prior to the COVID-19 outbreak,\" Marko Kolanovic, chief global markets strategist at JPMorgan, and the bank's global co-head of research Hussein Malik wrote in the report Wednesday.</p>\n<p>According to Shalett, \"on most counts, 2022 will be a critical year when the imbalances wrought by the global pandemic begin to resolve and the business cycle normalizes from extremes.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>'Proceed with caution': here's what Wall Street analysts see for the U.S. stock market in 2022</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\">\n'Proceed with caution': here's what Wall Street analysts see for the U.S. stock market in 2022\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-09 16:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/proceed-with-caution-heres-what-wall-street-analysts-see-for-the-u-s-stock-market-in-2022-11638986154?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>'2022 will be a critical year when the imbalances wrought by the global pandemic begin to resolve and the business cycle normalizes from extremes,' says Morgan Stanley's Lisa Shalett\n‘Marginally ...</p>\n\n<a href=\"https://www.marketwatch.com/story/proceed-with-caution-heres-what-wall-street-analysts-see-for-the-u-s-stock-market-in-2022-11638986154?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":{"OEF":"标普100指数ETF-iShares","BK4550":"红杉资本持仓","UPRO":"三倍做多标普500ETF","IDNA":"iShares Genomics Immunology and Healthcare ETF","BK4504":"桥水持仓",".DJI":"道琼斯","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4127":"投资银行业与经纪业","OEX":"标普100","SH":"标普500反向ETF","SSO":"两倍做多标普500ETF","BK4534":"瑞士信贷持仓","SPXU":"三倍做空标普500ETF","MS":"摩根士丹利","BK4559":"巴菲特持仓","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/proceed-with-caution-heres-what-wall-street-analysts-see-for-the-u-s-stock-market-in-2022-11638986154?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2190503698","content_text":"'2022 will be a critical year when the imbalances wrought by the global pandemic begin to resolve and the business cycle normalizes from extremes,' says Morgan Stanley's Lisa Shalett\n‘Marginally tighter monetary policy’ should be a headwind for markets in 2022, JPMorgan strategists say\nThe recent spike in market volatility may herald a bumpier U.S. stock market in 2022, as investors come to grips with an inflection point in monetary policy in the pandemic.\n\"There probably will be some elevated volatility around the potential tightening of Fed policy,\" said Shawn Snyder, head of investment strategy at Citigroup's U.S. consumer wealth management division, in a phone interview. \"Omicron throws in a bit of a wrench\" to the 2022 outlook, he said of the new variant of the coronavirus, though investors have appeared encouraged by some early signs that it may be less dangerous than initially feared.\nThe CBOE Volatility Index , or VIX, jumped in late November and remains above its 200-day moving average even after subsiding since last week, according to FactSet data. The VIX broke above 30 last week for the first time since the first quarter of 2021, the data show, amid market jitters over the emergence of omicron and the potential move by the Federal Reserve to remove some accommodation from the market faster than investors had anticipated.\n\"That's a big transition that creates tension for investors,\" said Lauren Goodwin, economist and director of portfolio strategy at New York Life Investment, in a phone interview. The Fed looks to be positioning for more flexibility for potential interest rate hikes next year, with increased inflationary pressure likely to mean more rate rises in 2022 than currently expected, creating more market risk, she said.\nSome investors worry that interest rate-sensitive growth and technology stocks would be particularly vulnerable should the Fed aggressively tighten its monetary policy through rate hikes. The S&P 500 index, which has a large exposure to tech, is on track for a third straight year of strong gains after rising almost 25% in 2021 through Tuesday, according to FactSet.\nThe U.S. stock market will probably deliver more modest gains \"accompanied by higher volatility\" next year, Jeffrey Kleintop, chief global investment strategist at Charles Schwab, told MarketWatch by phone.\nGoodwin said she also expects increased volatility, amid transitions that include the fading of the fiscal stimulus that provided direct support to consumers during the COVID-19 crisis and the Fed taking its \"foot off the gas\" in the economic recovery. She expects \"much lower\" stock-market returns next year compared to gains so far in 2021.\n\"Most of the equity upside should be realized between now\" and the first half of 2022, \"when monetary and fiscal policy tailwinds will be strongest,\" JPMorgan Chase & Co. strategists said in a 2022 outlook report Wednesday.\nWall Street banks have been rolling out their 2022 forecasts for the S&P 500, with Goldman Sachs Group and JPMorgan being among the most bullish on U.S. stocks.\nGoldman expects the S&P 500 will end 2022 at 5,100, according to a portfolio strategy research report from the bank dated Dec. 3. Meanwhile, JPMorgan analysts predicted in a research report at the end of November that the U.S. stock benchmark will rise next year to 5,050, partly on \"robust earnings growth\" and easing supply chain woes. RBC Capital Markets has forecast the same price target as JPMorgan, while Deutsche Bank predicts the S&P 500 will end next year at 5,000, according to a slide presentation from its chief investment office.\nMeanwhile, Citigroup set an S&P 500 target of 4,900 for the end of 2022, a research report from the bank in late October shows. Coming in below that level, Barclays predicted in a U.S. equity strategy report this month that the index will finish next year at 4,800.\n\"Proceed with caution,\" the Barclays analysts wrote in their 2022 outlook report dated Dec. 2. \"We see limited upside for equities next year,\" they said. In their view, \"household and corporate cash hoards should support modest earnings growth but persistent supply chain woes, reversal of goods consumption to trend are key tail risks.\"\nBank of America's analysts have a lower price target than Barclays for the S&P 500 next year, with a BofA Global Research report last month showing the benchmark will end 2022 at 4,600.\n\"Unfortunately we see a lot of similarities between today and 2000 -- the tech bubble peak,\" said Savita Subramanian, head of equity and quant strategy at BofA, during a late November media briefing on their U.S. stock market outlook.\nMorgan Stanley has a more bearish outlook for next year that puts the S&P 500 below the index's close Tuesday at 4,686.75. A report Monday from the bank's wealth management division shows a base-case forecast of 4,400 for the S&P 500 at the end of 2022 even with an expected gain in earnings.\n\"We expect the S&P 500 to be range-bound and volatile, and bond returns to be negative net of inflation,\" said Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, in the note. \"Fixed income should be reduced to fund greater exposure to real assets and to absolute return funds.\"\nThe core of Morgan Stanley's \"cautious\" view on the S&P 500 is based on price-to-earnings ratios typically compressing during \"a midcycle transition,\" Shalett said. She pointed to a chart in her note showing that \"median stock has traversed the midcycle transition.\"\nMORGAN STANLEY WEALTH MANAGEMENT REPORT DATED DEC. 6, 2021\nThe chart shows \"the median S&P 500 stock has corrected 15% from its 52-week high,\" but the index has been kept aloft by the 15 largest companies now accounting for 40% of its market capitalization, according to her note.\n\"While they may be great companies, we are less convinced they will all be great stocks in 2022 as financial conditions tighten, interest rates rise, employment costs increase and inflation remains challenging,\" Shalett said. \"We think profit margins for the top 15 have peaked.\"\nIn Morgan Stanley's view, \"this suggests investors should move toward stock picking and away from passive index funds,\" her note shows.\nJPMorgan expects that \"international equities, emerging markets and cyclical market segments will significantly outperform,\" according to its report Wednesday.\n\"The reason for this is our expectation for increasing interest rates and marginally tighter monetary policy that should be a headwind for high-multiple markets such as the Nasdaq,\" the JPMorgan strategists wrote, citing the tech-laden Nasdaq Composite Index .\nCiti's Snyder told MarketWatch that during \"midcycle\" he likes high-quality stocks, \"dividend-growers\" and global healthcare equities. Consistent earnings growth and \"reasonable valuations\" make healthcare attractive, he said, and stock bets in the area can serve as \"a volatility dampener\" in portfolios.\nImmunology is one of three megatrends poised to accelerate next year as \"a range of next-gen oncological therapeutics come up for approval and enable more targeted cancer treatment,\" according to Jeff Spiegel, head of U.S. iShares megatrend and international ETFs. Shares of the iShares Genomics Immunology and Healthcare ETF were up about 0.2% this year based on midday trading Wednesday, FactSet data show, at last check.\nTwo other megatrends to watch in 2022 are \"digital transformation\" intensifying through the cloud, 5G and cybersecurity, and \"automation technologies\" such as robotics and artificial intelligence, Spiegel wrote in a report this month. Automation technologies should grow \"in response to ongoing supply chain bottlenecks and wage inflation\" in the pandemic, he wrote.\n\"I think we'll actually be dealing with gluts next year rather than shortages,\" said Charles Schwab's Kleintop. \"That will help drive down inflation, particularly in the second half of next year, making an aggressive path of rate hikes unlikely.\"\nThe market is expecting three rate hikes by the U.S. central bank in 2022 after Fed Chair Jerome Powell signaled last week that it may speed up the tapering of its monthly asset purchases, said Deepak Puri, Deutsche Bank's CIO for the America, during a media briefing Monday on his outlook for next year.\nWhile the Fed may become more aggressive in tapering its bond purchases, potentially completing the process in March instead of June, said Puri, he expects the Fed will still be \"dovish\" on rates next year. Puri forecasts that the Fed will raise rates just once next year, which is below consensus, he said.\n\"We expect two rate hikes next year,\" said New York Life Investment's Goodwin.\nMorgan Stanley's Shalett wrote in her 2022 outlook note that \"we see a classic reflationary rebalancing in which higher nominal and real rates reflect higher average growth and inflation rates.\" She also expects yield curves will steepen, profit margins to be squeezed by rising costs, and price-to-earnings ratios to compress in \"rate-sensitive sectors.\"\n\"Within the U.S., we like reopening and reflationary themes and beneficiaries of higher bond yields,\" JPMorgan said in its report Wednesday. The bank's strategists expect the yield on the 10-year Treasury note will rise to 2.25% by the end of next year, the report shows.\n\"Our view is that 2022 will be the year of a full global recovery, an end of the global pandemic, and a return to normal conditions we had prior to the COVID-19 outbreak,\" Marko Kolanovic, chief global markets strategist at JPMorgan, and the bank's global co-head of research Hussein Malik wrote in the report Wednesday.\nAccording to Shalett, \"on most counts, 2022 will be a critical year when the imbalances wrought by the global pandemic begin to resolve and the business cycle normalizes from extremes.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":211,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":840457805,"gmtCreate":1635678616933,"gmtModify":1635678617137,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":7,"repostSize":0,"link":"https://laohu8.com/post/840457805","repostId":"1104228860","repostType":4,"repost":{"id":"1104228860","pubTimestamp":1635645270,"share":"https://www.laohu8.com/m/news/1104228860?lang=&edition=full","pubTime":"2021-10-31 09:54","market":"hk","language":"en","title":"Weekend reads: Facebook goes Meta — what’s in a name?","url":"https://stock-news.laohu8.com/highlight/detail?id=1104228860","media":"Market watch","summary":"Also, what type of retirement account is best for you and how to build your own ETF\nFacebook Inc.FB,","content":"<p>Also, what type of retirement account is best for you and how to build your own ETF</p>\n<p>Facebook Inc.FB,+2.10%has changed its name to Meta, and this might be a meaningful change for its shareholders. The full name is now Meta Platforms Inc. and the stock’s ticker will change to MVRS on Dec. 1.</p>\n<p>The name change better reflect parent’s various businesses, including the potential of virtual reality (VR) products for consumers — an industry Meta already dominates through its Oculus line of products. The newly named company will begin reporting its results in two segments: Family of Apps, which will include Facebook, Instagram, Messenger and WhatsApp, and Reality Labs, for Oculus and all related VR products and services.</p>\n<p>What’s in your ETF?<img src=\"https://static.tigerbbs.com/3a3fae6239f08922fadad0ace58b3224\" tg-width=\"700\" tg-height=\"492\" referrerpolicy=\"no-referrer\">Mark DeCambre writes the ETF Wrap column, with news about the exchange-traded fund industry and various bits of insight. This week he explainshow to know what’s really in your ETF.</p>\n<p>Build your own ETF</p>\n<p>Most ETFs are passively managed — they track stock indexes and therefore have lower expenses than actively managed funds. But the fees still add up to a lot of money over the long term. Michael Brush showshow you can build your own ETFfocused on a sector or industry and save even more on expenses.</p>\n<p>What is the best retirement account for you?<img src=\"https://static.tigerbbs.com/a6b76bf86fa01a3032ae530f9410658d\" tg-width=\"700\" tg-height=\"460\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">ISTOCKPHOTO</p>\n<p>Some people have more choices than others, when it comes to saving and investing for financial independence. Continuing theHow To Investseries, Alessandra Malito digs into IRAs, 401(k)s and the Roth versions of both, to help you understandwhich type of retirement account is best for you.</p>\n<p><b>Read on:</b>Here’s how Congress wants to combat early withdrawals from retirement accounts</p>\n<p>Best new ideas — how big-box retailers are helping small businesses<img src=\"https://static.tigerbbs.com/0e4a9222e46198f8cc1624f960a32f44\" tg-width=\"700\" tg-height=\"399\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>TheBest New Ideas In Moneyseries continues, as Tonya Garcia reports about a retail-industry development you may not have expected. Lowe’s Cos., Amazon.com Inc. and Target Corp. and other companies havevarious programs to help small businesses distribute their products and services.</p>\n<p>Tech-stock picks</p>\n<p>Jeff Reeves selectsfive rocketing tech stocks for long-term investors.</p>\n<p><b>More about stocks:</b>Increased capital spending is setting up this select group of industrial stocks to outperform in the next few years</p>\n<p>Trouble at Chipotle<img src=\"https://static.tigerbbs.com/82c64b6eebfd8bde43b6fa209c45b475\" tg-width=\"700\" tg-height=\"388\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">AFP VIA GETTY IMAGES</p>\n<p>Levi Sumagaysay interviews employees at Chipotle Mexican Grill Inc.CMG,+0.08%,who describethe challenges of handling incredible demand during the pandemic.</p>\n<p>Is Tesla the new Apple?<img src=\"https://static.tigerbbs.com/48e2a864c531bef0d3c83364fe640880\" tg-width=\"700\" tg-height=\"467\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\">GETTY IMAGES</p>\n<p>Tesla Inc.’sTSLA,+3.43%stock now has a market capitalization of more than $1 trillion. The stock was up 20% for one week through Oct. 28, following announcements of dealsto supply 100,000 rental vehicles to Hertzand50,000 to Uber.</p>\n<p>Recalling how Apple Inc.AAPL,-1.82%was able to dominate the smartphone industry after it introduced the iPhone, Andrew Dickson considershow Tesla might become the new Appleand what that means for the stock price.</p>\n<p><b>More about EVs:</b>Tesla still dominates the EV market in the U.S., but these rivals are catching up</p>\n<p>Speaking of Apple…</p>\n<p>Apple disappointed investors with lower-than-expected sales during its fiscal fourth quarter, and the shares were down as much as 4% on Friday. Butmany analysts remain upbeat about Apple, as Barbara Kollmeyer and Emily Bary explain.</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>Weekend reads: Facebook goes Meta — what’s in a name?</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\">\nWeekend reads: Facebook goes Meta — what’s in a name?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-31 09:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/weekend-reads-facebook-goes-meta-whats-in-a-name-11635523462?mod=home-page><strong>Market watch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Also, what type of retirement account is best for you and how to build your own ETF\nFacebook Inc.FB,+2.10%has changed its name to Meta, and this might be a meaningful change for its shareholders. The ...</p>\n\n<a href=\"https://www.marketwatch.com/story/weekend-reads-facebook-goes-meta-whats-in-a-name-11635523462?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":{"CASH":"米塔金融"},"source_url":"https://www.marketwatch.com/story/weekend-reads-facebook-goes-meta-whats-in-a-name-11635523462?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1104228860","content_text":"Also, what type of retirement account is best for you and how to build your own ETF\nFacebook Inc.FB,+2.10%has changed its name to Meta, and this might be a meaningful change for its shareholders. The full name is now Meta Platforms Inc. and the stock’s ticker will change to MVRS on Dec. 1.\nThe name change better reflect parent’s various businesses, including the potential of virtual reality (VR) products for consumers — an industry Meta already dominates through its Oculus line of products. The newly named company will begin reporting its results in two segments: Family of Apps, which will include Facebook, Instagram, Messenger and WhatsApp, and Reality Labs, for Oculus and all related VR products and services.\nWhat’s in your ETF?Mark DeCambre writes the ETF Wrap column, with news about the exchange-traded fund industry and various bits of insight. This week he explainshow to know what’s really in your ETF.\nBuild your own ETF\nMost ETFs are passively managed — they track stock indexes and therefore have lower expenses than actively managed funds. But the fees still add up to a lot of money over the long term. Michael Brush showshow you can build your own ETFfocused on a sector or industry and save even more on expenses.\nWhat is the best retirement account for you?ISTOCKPHOTO\nSome people have more choices than others, when it comes to saving and investing for financial independence. Continuing theHow To Investseries, Alessandra Malito digs into IRAs, 401(k)s and the Roth versions of both, to help you understandwhich type of retirement account is best for you.\nRead on:Here’s how Congress wants to combat early withdrawals from retirement accounts\nBest new ideas — how big-box retailers are helping small businesses\nTheBest New Ideas In Moneyseries continues, as Tonya Garcia reports about a retail-industry development you may not have expected. Lowe’s Cos., Amazon.com Inc. and Target Corp. and other companies havevarious programs to help small businesses distribute their products and services.\nTech-stock picks\nJeff Reeves selectsfive rocketing tech stocks for long-term investors.\nMore about stocks:Increased capital spending is setting up this select group of industrial stocks to outperform in the next few years\nTrouble at ChipotleAFP VIA GETTY IMAGES\nLevi Sumagaysay interviews employees at Chipotle Mexican Grill Inc.CMG,+0.08%,who describethe challenges of handling incredible demand during the pandemic.\nIs Tesla the new Apple?GETTY IMAGES\nTesla Inc.’sTSLA,+3.43%stock now has a market capitalization of more than $1 trillion. The stock was up 20% for one week through Oct. 28, following announcements of dealsto supply 100,000 rental vehicles to Hertzand50,000 to Uber.\nRecalling how Apple Inc.AAPL,-1.82%was able to dominate the smartphone industry after it introduced the iPhone, Andrew Dickson considershow Tesla might become the new Appleand what that means for the stock price.\nMore about EVs:Tesla still dominates the EV market in the U.S., but these rivals are catching up\nSpeaking of Apple…\nApple disappointed investors with lower-than-expected sales during its fiscal fourth quarter, and the shares were down as much as 4% on Friday. Butmany analysts remain upbeat about Apple, as Barbara Kollmeyer and Emily Bary explain.","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607996915,"gmtCreate":1639469200308,"gmtModify":1639469200886,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/607996915","repostId":"1108305514","repostType":4,"repost":{"id":"1108305514","pubTimestamp":1639468064,"share":"https://www.laohu8.com/m/news/1108305514?lang=&edition=full","pubTime":"2021-12-14 15:47","market":"us","language":"en","title":"Morgan Stanley Warns The Fed's Turbo Taper Will Trigger Market Chaos Over \"The Next 3-4 Months\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1108305514","media":"zerohedge","summary":"Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more ","content":"<p>Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more opposite: the former, delightfully optimistic, expects the US economy to grow on all cylinders in 2022 and despite the Fed's tightening - two months ago Goldman flipped its Fed views by pulling forward its first rate hike forecast by one year to July, and followed it up over the weekend&nbsp;by predicting that liftoff will begin in May&nbsp;with two more rate hikes to follow in 2022...</p>\n<p><img src=\"https://static.tigerbbs.com/48bea9a6115e88e6a84296a31a94a5f6\" tg-width=\"643\" tg-height=\"423\" width=\"100%\" height=\"auto\"></p>\n<p>... said in its year-ahead market forecast last month that it&nbsp;expects the S&amp;P to hit 5,100 by the end of 2022&nbsp;even as the economy slows down modestly from its current feverish pace.</p>\n<p>Meanwhile, far less optimistic than their Goldman peers, Morgan Stanley's economists expected - until late last week - the Fed to stand pat without hiking even once in 2022. That changed over the weekend, however, when the bank&nbsp;admitted \"defeat\" and now expects two rate hikes&nbsp;in 2022, even as the bank's chief market economist Michael Wilson sees the S&amp;P closing 2022 at 4,400,some 5% below current&nbsp;levels.</p>\n<p>So while there has been some convergence on the economy and Fed front, a gaping divergence remains when it comes to what the two most influential US banks think the market will do, a schism which only became more acute in the past 24 hours, when on one hand Goldman predicted that a massive year-end Santa Rally is imminent (as we&nbsp;discussed last night), while Morgan Stanley doubled down on its bearish view this morning when in Michael Wilson's latest strategy outlook piece (available to&nbsp;professional subscribers), he warns that \"<b>the Fed's pivot to a more aggressive tapering schedule poses a larger risk for asset prices than most investors believe.</b>\"</p>\n<p>Confirming what we have been saying since 2010 when we first explained that it is not the stock but the flow that matters, and that tapering is tightening, Wilson echoes our decade-old conclusion and writes that \"<b>tapering is tightening for markets, if not the economy.\"</b>And due to the much greater than expected rise in inflation - now that even Powell has killed and buried \"team transitory\" - the Fed is pivoting to a more aggressive removal of monetary accommodation.</p>\n<p>Wilson believes this is warranted and supported by an administration that appears less focused on the stock market as a barometer of</p>\n<p>its success (actually since this administration has zero success to \"barometer\" besides flooding money into the economy and watching inflation skyrocket of course, it simply hasn't even considered the level of the S&amp;P; it will soon... after the crash).</p>\n<p>Furthermore, the Morgan Stanley strategist believes that tapering is different than in 2014 for 3 reasons:</p>\n<ol>\n <li>the Fed is exiting QE twice as fast this time,</li>\n <li>asset prices are much richer today and</li>\n <li>growth is decelerating rather than accelerating.</li>\n</ol>\n<p>And as we joked earlier (but not really) with the Fed tapering and soon hiking, the outcome will be a recession and a market crash...</p>\n<p><img src=\"https://static.tigerbbs.com/67f779e8eac0b236a687016bfa896377\" tg-width=\"756\" tg-height=\"448\" width=\"100%\" height=\"auto\"></p>\n<p>... Wilson again agrees and says that such an adverse market reaction \"could be important for the economy, too, given how levered consumers are to stock prices today.\"</p>\n<p>Taking a more nuanced look at Morgan Stanley's forecast, Wilson explains that when he was writing his (decidedly bearish) year ahead outlook, he was faced with \"a wider than normal range of potential economic and policy outcomes.\" This higher \" uncertainty\" was one of the key inputs to the bank's conclusion that<b>valuations for US equity markets were likely to come down over the next 3-6 months,</b>and as further notes explains<i>\"in our discussions with hundreds of clients since publishing our outlook, the conversations have centered around how to handicap these various outcomes.\"</i>Wilson lists the three scenarios as follows:</p>\n<ul>\n <li><b>Goldilocks:</b><i>When we published on November 15, this was the prevailing view by most clients. In this outcome, supply picks up in 1Q to meet the excess demand companies are having a hard time fulfilling. Inflation falls back toward 2-3%, allowing the Fed to move gradually with its taper and hike maybe 1-2 times in 2022, a modest amount of tightening that most believe the economy and markets can handle. Under this scenario, earnings growth is solid (10-15%), interest rates stay well behaved and valuations remain elevated (20-21x Forward EPS). This yields 5-10% upside to the S&amp;P 500 over the next year or roughly 5000.</i><i><b>For us, this was the Bull case</b></i><i>outcome in our outlook with a 20% probability.</i></li>\n <li><b>Inflation remains hot and the Fed responds more aggressively:</b><i>Under this outcome, inflation proves to be stickier as supply chains and labor shortages remain difficult to fix in the short term. The Fed is forced to taper faster and even raise rates on a more aggressive path than investors expect.</i><i><b>This was our base case as it essentially lined up with our hotter but shorter cycle view we first wrote about back in March.</b></i><i>Under this outcome, interest rates continue to rise next year to 2-2.25% by year end. At the same time, operating leverage starts to fade as costs increase more in line with revenues, leaving limited margin upside. This leaves breadth narrow in the near term as valuations come down and P/Es finally normalize in line with the traditional mid cycle transition.</i><i><b>While there is some debate around how much P/Es need to fall, we believe 18x is the right number to use for year end 2022 and when combined with 10% revenue growth that gives us slight downside to the index from current prices, or 4400. We put a 60% probability on this outcome.</b></i></li>\n <li><b>Supply picks up just as demand fades</b>:<i>Under this outcome, supply does improve but it's too late to meet what has been an unsustainable level of demand and consumption for many goods. It's also too expensive for customers who have become more wary of high prices, which leads to discounting and a whiff of deflation for many areas of the goods economy. While services should fare better and keep the economy growing, goods producing companies suffer and make up a much larger part of the consumer discretionary part of the stock market. Under this scenario,</i><i><b>the Fed may decide to back off on their more aggressive tightening path.</b></i><i>Rates fall but not enough to offset the negative impact on margins and earnings which end up disappointing. This is essentially the \"Ice\" part of our narrative turning out be colder than expected. Equity risk premiums soar and multiples fall even more than under our base case.</i><i><b>This was our bear case with a 20% probability.</b></i></li>\n</ul>\n<p>Before we drill down into these, a quick detour to Wilson who says that since publishing his year-ahead forecast one month ago, he feels \"more confident about our base case being the most likely outcome. Inflation data continues to come in hotter and based on commentary from our analysts, companies seem to be having no problem passing it along to customers, keeping inflation sticky on the upside. While this will likely lead to another good quarter of earnings overall, we suspect there will be more casualties, too,<b>as execution risk is increasing leaving dispersion high and leadership inconsistent — two more conclusions in our outlook.</b>\" This means that stock picking, while difficult, will be a necessary condition to generate meaningful returns in 2022 as the market separates the winners and losers and index basically goes nowhere over the next 12 months.</p>\n<p>Meanwhile, and far more ominously, Wilson also warns that \"<b>the likelihood of our bear case is growing relative to our bull case. As it stands, we would say Bear case is now 30%, Base case is still 60% while goldilocks looks like a distance 3rd at just 10%.</b>\"</p>\n<p>In other words, the odds that the Fed will short circuit its tightening plans are rising.</p>\n<p>* * *</p>\n<p>With that in mind, let's focus some more on Wilson's core assumptions, at the top of which is that...</p>\n<p><b>The change in the Fed's reaction function is a big deal because Tapering is Tightening</b></p>\n<p>While Morgan Stanley's base case has always assumed the Fed would respond appropriately to the higher inflation, \"the pivot by Chair Powell at his recent Congressional testimony was more aggressive than what we expected, especially in light of the new Covid variant, which at the time was a known unknown.\" We discussed this&nbsp;over the weekend in depth. Here, Wilson concedes that with Omicron now looking like a lower risk to growth than 2 weeks ago,<b>this only raises the probability that the Fed will indeed taper its asset purchases much faster than the last tapering episode in 2014,</b>and Morgan Stanley \"economists point out that the Fed is now suggesting stable prices is important to achieving its primary goal of full employment which means inflation has taken center stage, until it's under control.\" In terms of speed, the bank's forecast is now for the Fed to end its asset purchase program by the end of March, the same as Goldman. However, if the Fed executes on that path, \"<b>it will leave a mark on asset prices in our view.</b>\"</p>\n<p>Wilson also thinks Jay Powell and the Fed will be under much less pressure from the White House versus the last time they tried to take the punch bowl away in late 2018. Part of this is due to the fact that inflation is a much bigger problem today than it was in 2018 and part of it is due to the observation that this White House is not as preoccupied with the stock market. Wilson's bottom line: \"<b>the Fed put still exists but the strike price is much lower now, in our view. If we had to guess, it's down 20% rather than down 10% unless credit markets or economic data really start to wobble.\"</b></p>\n<p>Here Wilson encounters the same challenge we have observed over the years, namely that most disagree with the conclusion<b>that tapering is tightening (</b>for markets, if not the economy). As evidence, those who still don't understand that only the Flow (and not the Stock) matters, point to the tapering in 2014 as an example of how markets traded well as the Fed let the air out of the balloon back then. On that score, Wilson has makes several points to argue \"it could be different this time.\"</p>\n<p><b>First, in 2014, it took the Fed 10 months to taper its QE program. This time they will do it in just 4 ½ months, or twice as fast.</b>While M2 has been decelerating this year on a global basis, it's still running almost 8% y/y (Exhibit 1). In the US, M2 growth is running 13% and explains a lot of why nominal GDP growth is also running about 13% in the fourth quarter.<b>After all, MV=PQ. If the Fed takes QE down to zero, its global M2 growth will slow severely and likely fall below 5% by the end of 1Q.</b>This looks a lot like 2014 and 2018, but at a faster pace. Wilson's guess is that growth will take a hit at a time when it's already decelerating and increase the odds of our bear case playing out.</p>\n<p><img src=\"https://static.tigerbbs.com/d7b194d9260811b2e78dd6a302f3be64\" tg-width=\"500\" tg-height=\"287\" width=\"100%\" height=\"auto\"></p>\n<p><b>Second, US Equity markets are much richer today and therefore more vulnerable to a swift reduction of liquidity.</b>Specifically, the equity risk premium is 350bps today and was close to 500bps when they started the taper talk in 2013. P/Es were 14.5x versus 20x today. To be sure, rates were higher then but that is why multiples had room to rise from there as rates reflected the more hawkish Fed and inflation that was much lower then. As a result,<i>valuations were able to hold in and even increase during that tapering episode.</i></p>\n<p><b>Third, growth is decelerating now while in 2013-14 it was accelerating.</b>In addition to the PMI shown in the exhibit, earnings and economic growth were accelerating whereas both are likely to decelerate in 2021 and even outright decline for many companies, particularly in the first half of the year when the comparisons are most difficult. This, Wilson says, is what will really separate the winners from the losers&nbsp; and why he is so focused on earnings stability/achievability and valuation<i>\"because small beats will likely not be enough to drive stocks higher if they have a premium P/E.\"</i></p>\n<p><img src=\"https://static.tigerbbs.com/f880af3fb7e446f8e698778835968cdd\" tg-width=\"500\" tg-height=\"312\" width=\"100%\" height=\"auto\"></p>\n<p>Morgan Stanley's bottom line:<i><b>given that much of the market is expensive relative to history, rather than just a few sectors or names, it suggests to this tapering episode will be different than the last one and is likely to leave the overall market lower than where we are trading today by the end of the first quarter if the Fed goes through with an expedited tapering schedule.</b></i></p>\n<p>In short, Powell - who was wrong about inflation being transitory for the past year and only two weeks ago admitted he was dead wrong - is about to trigger a nightmare scenario for market, and will scramble to snuff inflation just as it has already peaked, and just as the global economy is sliding into a fast slowdown.</p>\n<p>* * *</p>\n<p>But wait, there's more because as Wilson also correctly observes,<b>asset markets have never been more important to consumer health.</b>That's right: a market crash here and we spiral right into a deep recession, perhaps even worse than the Global Financial Crisis.</p>\n<p>While Morgan Stanley's base case is that the economy should be able to handle the ending of QE and even some rate hikes next year,<b>the big risk has always been that if asset markets correct more significantly it could have a greater than normal effect on the economy too given how levered the consumer is to the stock market and other asset prices like housing and crypto currencies.</b>When just considering the stock market, it's easy to see that consumer net worth has increased dramatically as many key assets have risen inexorably over the past 18 months. And while this is a good thing for consumer demand if prices remain elevated, it also dramatically increases the odds that the inverse will be just as painful, and<b>tapering will quickly become tightening for the economy, too, if it leads to a significant asset price deflation.</b></p>\n<p>Here, Morgan Stanley thinks that<b>\"the risk of that is greatest over the next 3-4 months as the Fed exits QE on this faster time table.\"</b></p>\n<p><img src=\"https://static.tigerbbs.com/3cc412127eea207ffc76c8636ecdd375\" tg-width=\"500\" tg-height=\"168\" width=\"100%\" height=\"auto\"></p>\n<p>The market has, naturally, been ignoring these risks and one place where this is especially obvious is the collapse in market breadth. Since September, breadth has rarely been this weak relative to the Index level price</p>\n<p><img src=\"https://static.tigerbbs.com/0de5c40e0883d664f855f3522c275905\" tg-width=\"500\" tg-height=\"170\" width=\"100%\" height=\"auto\"></p>\n<p>As Wilson concludes, \"<b>the rolling correction that began last spring continues under the surface, making the index a very bad gauge of the overall health of the stock market, or the economy, in our view.\"</b>The good news here is that the average stock has already discounted a good chunk of the risks Morgan Stanley is forecasting \"even if the index has not.\"</p>\n<p>In this regard, the bank continues to stress that watching the S&amp;P 500 is a bad idea for measuring what the market is really telling us about the fundamentals. It also explains why it's been so difficult for many active managers to keep up with the benchmark. And while the average stock may begin to outperform as the index catches down, Wilson warns that&nbsp;<b>the absolute direction for most stocks will remain lower until the index has taken its turn on the de-rating process that began over 6 months ago.</b>It's also why Wilson remains overweight large cap defensive quality for now.</p>\n<p>One final point from the MS strategist: if there is one chart that depicts the risk off nature of the markets under the surface,<b>it's the MSCI large/mid cap quality index versus the Russell 2000 small cap index.</b></p>\n<p><img src=\"https://static.tigerbbs.com/1c190303d3ec030a5ff020ba604e0c85\" tg-width=\"500\" tg-height=\"302\" width=\"100%\" height=\"auto\"></p>\n<p>As Wilson concludes, \"making this very simple pivot in March as the rate of change on growth and policy peaked was the more important thing to do this year for performance... We continue to recommend this pair but with a more defensive bias on the quality side rather than growth due to valuation constraints as the Fed accelerates its taper this week.\"</p>","source":"lsy1583725640930","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 Warns The Fed's Turbo Taper Will Trigger Market Chaos Over \"The Next 3-4 Months\"</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 Warns The Fed's Turbo Taper Will Trigger Market Chaos Over \"The Next 3-4 Months\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 15:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/morgan-stanley-warns-feds-taper-will-trigger-market-chaos-over-next-3-4-months><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more opposite: the former, delightfully optimistic, expects the US economy to grow on all cylinders in ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/morgan-stanley-warns-feds-taper-will-trigger-market-chaos-over-next-3-4-months\">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://www.zerohedge.com/markets/morgan-stanley-warns-feds-taper-will-trigger-market-chaos-over-next-3-4-months","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1108305514","content_text":"Until last week, the economic and market views of Goldman Sachs and Morgan Stanley couldn't be more opposite: the former, delightfully optimistic, expects the US economy to grow on all cylinders in 2022 and despite the Fed's tightening - two months ago Goldman flipped its Fed views by pulling forward its first rate hike forecast by one year to July, and followed it up over the weekend by predicting that liftoff will begin in May with two more rate hikes to follow in 2022...\n\n... said in its year-ahead market forecast last month that it expects the S&P to hit 5,100 by the end of 2022 even as the economy slows down modestly from its current feverish pace.\nMeanwhile, far less optimistic than their Goldman peers, Morgan Stanley's economists expected - until late last week - the Fed to stand pat without hiking even once in 2022. That changed over the weekend, however, when the bank admitted \"defeat\" and now expects two rate hikes in 2022, even as the bank's chief market economist Michael Wilson sees the S&P closing 2022 at 4,400,some 5% below current levels.\nSo while there has been some convergence on the economy and Fed front, a gaping divergence remains when it comes to what the two most influential US banks think the market will do, a schism which only became more acute in the past 24 hours, when on one hand Goldman predicted that a massive year-end Santa Rally is imminent (as we discussed last night), while Morgan Stanley doubled down on its bearish view this morning when in Michael Wilson's latest strategy outlook piece (available to professional subscribers), he warns that \"the Fed's pivot to a more aggressive tapering schedule poses a larger risk for asset prices than most investors believe.\"\nConfirming what we have been saying since 2010 when we first explained that it is not the stock but the flow that matters, and that tapering is tightening, Wilson echoes our decade-old conclusion and writes that \"tapering is tightening for markets, if not the economy.\"And due to the much greater than expected rise in inflation - now that even Powell has killed and buried \"team transitory\" - the Fed is pivoting to a more aggressive removal of monetary accommodation.\nWilson believes this is warranted and supported by an administration that appears less focused on the stock market as a barometer of\nits success (actually since this administration has zero success to \"barometer\" besides flooding money into the economy and watching inflation skyrocket of course, it simply hasn't even considered the level of the S&P; it will soon... after the crash).\nFurthermore, the Morgan Stanley strategist believes that tapering is different than in 2014 for 3 reasons:\n\nthe Fed is exiting QE twice as fast this time,\nasset prices are much richer today and\ngrowth is decelerating rather than accelerating.\n\nAnd as we joked earlier (but not really) with the Fed tapering and soon hiking, the outcome will be a recession and a market crash...\n\n... Wilson again agrees and says that such an adverse market reaction \"could be important for the economy, too, given how levered consumers are to stock prices today.\"\nTaking a more nuanced look at Morgan Stanley's forecast, Wilson explains that when he was writing his (decidedly bearish) year ahead outlook, he was faced with \"a wider than normal range of potential economic and policy outcomes.\" This higher \" uncertainty\" was one of the key inputs to the bank's conclusion thatvaluations for US equity markets were likely to come down over the next 3-6 months,and as further notes explains\"in our discussions with hundreds of clients since publishing our outlook, the conversations have centered around how to handicap these various outcomes.\"Wilson lists the three scenarios as follows:\n\nGoldilocks:When we published on November 15, this was the prevailing view by most clients. In this outcome, supply picks up in 1Q to meet the excess demand companies are having a hard time fulfilling. Inflation falls back toward 2-3%, allowing the Fed to move gradually with its taper and hike maybe 1-2 times in 2022, a modest amount of tightening that most believe the economy and markets can handle. Under this scenario, earnings growth is solid (10-15%), interest rates stay well behaved and valuations remain elevated (20-21x Forward EPS). This yields 5-10% upside to the S&P 500 over the next year or roughly 5000.For us, this was the Bull caseoutcome in our outlook with a 20% probability.\nInflation remains hot and the Fed responds more aggressively:Under this outcome, inflation proves to be stickier as supply chains and labor shortages remain difficult to fix in the short term. The Fed is forced to taper faster and even raise rates on a more aggressive path than investors expect.This was our base case as it essentially lined up with our hotter but shorter cycle view we first wrote about back in March.Under this outcome, interest rates continue to rise next year to 2-2.25% by year end. At the same time, operating leverage starts to fade as costs increase more in line with revenues, leaving limited margin upside. This leaves breadth narrow in the near term as valuations come down and P/Es finally normalize in line with the traditional mid cycle transition.While there is some debate around how much P/Es need to fall, we believe 18x is the right number to use for year end 2022 and when combined with 10% revenue growth that gives us slight downside to the index from current prices, or 4400. We put a 60% probability on this outcome.\nSupply picks up just as demand fades:Under this outcome, supply does improve but it's too late to meet what has been an unsustainable level of demand and consumption for many goods. It's also too expensive for customers who have become more wary of high prices, which leads to discounting and a whiff of deflation for many areas of the goods economy. While services should fare better and keep the economy growing, goods producing companies suffer and make up a much larger part of the consumer discretionary part of the stock market. Under this scenario,the Fed may decide to back off on their more aggressive tightening path.Rates fall but not enough to offset the negative impact on margins and earnings which end up disappointing. This is essentially the \"Ice\" part of our narrative turning out be colder than expected. Equity risk premiums soar and multiples fall even more than under our base case.This was our bear case with a 20% probability.\n\nBefore we drill down into these, a quick detour to Wilson who says that since publishing his year-ahead forecast one month ago, he feels \"more confident about our base case being the most likely outcome. Inflation data continues to come in hotter and based on commentary from our analysts, companies seem to be having no problem passing it along to customers, keeping inflation sticky on the upside. While this will likely lead to another good quarter of earnings overall, we suspect there will be more casualties, too,as execution risk is increasing leaving dispersion high and leadership inconsistent — two more conclusions in our outlook.\" This means that stock picking, while difficult, will be a necessary condition to generate meaningful returns in 2022 as the market separates the winners and losers and index basically goes nowhere over the next 12 months.\nMeanwhile, and far more ominously, Wilson also warns that \"the likelihood of our bear case is growing relative to our bull case. As it stands, we would say Bear case is now 30%, Base case is still 60% while goldilocks looks like a distance 3rd at just 10%.\"\nIn other words, the odds that the Fed will short circuit its tightening plans are rising.\n* * *\nWith that in mind, let's focus some more on Wilson's core assumptions, at the top of which is that...\nThe change in the Fed's reaction function is a big deal because Tapering is Tightening\nWhile Morgan Stanley's base case has always assumed the Fed would respond appropriately to the higher inflation, \"the pivot by Chair Powell at his recent Congressional testimony was more aggressive than what we expected, especially in light of the new Covid variant, which at the time was a known unknown.\" We discussed this over the weekend in depth. Here, Wilson concedes that with Omicron now looking like a lower risk to growth than 2 weeks ago,this only raises the probability that the Fed will indeed taper its asset purchases much faster than the last tapering episode in 2014,and Morgan Stanley \"economists point out that the Fed is now suggesting stable prices is important to achieving its primary goal of full employment which means inflation has taken center stage, until it's under control.\" In terms of speed, the bank's forecast is now for the Fed to end its asset purchase program by the end of March, the same as Goldman. However, if the Fed executes on that path, \"it will leave a mark on asset prices in our view.\"\nWilson also thinks Jay Powell and the Fed will be under much less pressure from the White House versus the last time they tried to take the punch bowl away in late 2018. Part of this is due to the fact that inflation is a much bigger problem today than it was in 2018 and part of it is due to the observation that this White House is not as preoccupied with the stock market. Wilson's bottom line: \"the Fed put still exists but the strike price is much lower now, in our view. If we had to guess, it's down 20% rather than down 10% unless credit markets or economic data really start to wobble.\"\nHere Wilson encounters the same challenge we have observed over the years, namely that most disagree with the conclusionthat tapering is tightening (for markets, if not the economy). As evidence, those who still don't understand that only the Flow (and not the Stock) matters, point to the tapering in 2014 as an example of how markets traded well as the Fed let the air out of the balloon back then. On that score, Wilson has makes several points to argue \"it could be different this time.\"\nFirst, in 2014, it took the Fed 10 months to taper its QE program. This time they will do it in just 4 ½ months, or twice as fast.While M2 has been decelerating this year on a global basis, it's still running almost 8% y/y (Exhibit 1). In the US, M2 growth is running 13% and explains a lot of why nominal GDP growth is also running about 13% in the fourth quarter.After all, MV=PQ. If the Fed takes QE down to zero, its global M2 growth will slow severely and likely fall below 5% by the end of 1Q.This looks a lot like 2014 and 2018, but at a faster pace. Wilson's guess is that growth will take a hit at a time when it's already decelerating and increase the odds of our bear case playing out.\n\nSecond, US Equity markets are much richer today and therefore more vulnerable to a swift reduction of liquidity.Specifically, the equity risk premium is 350bps today and was close to 500bps when they started the taper talk in 2013. P/Es were 14.5x versus 20x today. To be sure, rates were higher then but that is why multiples had room to rise from there as rates reflected the more hawkish Fed and inflation that was much lower then. As a result,valuations were able to hold in and even increase during that tapering episode.\nThird, growth is decelerating now while in 2013-14 it was accelerating.In addition to the PMI shown in the exhibit, earnings and economic growth were accelerating whereas both are likely to decelerate in 2021 and even outright decline for many companies, particularly in the first half of the year when the comparisons are most difficult. This, Wilson says, is what will really separate the winners from the losers  and why he is so focused on earnings stability/achievability and valuation\"because small beats will likely not be enough to drive stocks higher if they have a premium P/E.\"\n\nMorgan Stanley's bottom line:given that much of the market is expensive relative to history, rather than just a few sectors or names, it suggests to this tapering episode will be different than the last one and is likely to leave the overall market lower than where we are trading today by the end of the first quarter if the Fed goes through with an expedited tapering schedule.\nIn short, Powell - who was wrong about inflation being transitory for the past year and only two weeks ago admitted he was dead wrong - is about to trigger a nightmare scenario for market, and will scramble to snuff inflation just as it has already peaked, and just as the global economy is sliding into a fast slowdown.\n* * *\nBut wait, there's more because as Wilson also correctly observes,asset markets have never been more important to consumer health.That's right: a market crash here and we spiral right into a deep recession, perhaps even worse than the Global Financial Crisis.\nWhile Morgan Stanley's base case is that the economy should be able to handle the ending of QE and even some rate hikes next year,the big risk has always been that if asset markets correct more significantly it could have a greater than normal effect on the economy too given how levered the consumer is to the stock market and other asset prices like housing and crypto currencies.When just considering the stock market, it's easy to see that consumer net worth has increased dramatically as many key assets have risen inexorably over the past 18 months. And while this is a good thing for consumer demand if prices remain elevated, it also dramatically increases the odds that the inverse will be just as painful, andtapering will quickly become tightening for the economy, too, if it leads to a significant asset price deflation.\nHere, Morgan Stanley thinks that\"the risk of that is greatest over the next 3-4 months as the Fed exits QE on this faster time table.\"\n\nThe market has, naturally, been ignoring these risks and one place where this is especially obvious is the collapse in market breadth. Since September, breadth has rarely been this weak relative to the Index level price\n\nAs Wilson concludes, \"the rolling correction that began last spring continues under the surface, making the index a very bad gauge of the overall health of the stock market, or the economy, in our view.\"The good news here is that the average stock has already discounted a good chunk of the risks Morgan Stanley is forecasting \"even if the index has not.\"\nIn this regard, the bank continues to stress that watching the S&P 500 is a bad idea for measuring what the market is really telling us about the fundamentals. It also explains why it's been so difficult for many active managers to keep up with the benchmark. And while the average stock may begin to outperform as the index catches down, Wilson warns that the absolute direction for most stocks will remain lower until the index has taken its turn on the de-rating process that began over 6 months ago.It's also why Wilson remains overweight large cap defensive quality for now.\nOne final point from the MS strategist: if there is one chart that depicts the risk off nature of the markets under the surface,it's the MSCI large/mid cap quality index versus the Russell 2000 small cap index.\n\nAs Wilson concludes, \"making this very simple pivot in March as the rate of change on growth and policy peaked was the more important thing to do this year for performance... We continue to recommend this pair but with a more defensive bias on the quality side rather than growth due to valuation constraints as the Fed accelerates its taper this week.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604236192,"gmtCreate":1639400188418,"gmtModify":1639400190812,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/604236192","repostId":"2191398853","repostType":4,"repost":{"id":"2191398853","pubTimestamp":1639399151,"share":"https://www.laohu8.com/m/news/2191398853?lang=&edition=full","pubTime":"2021-12-13 20:39","market":"us","language":"en","title":"Should Investors Take a Second Look at Palantir Technologies?","url":"https://stock-news.laohu8.com/highlight/detail?id=2191398853","media":"Motley Fool","summary":"The company has plenty of untapped growth potential left to explore.","content":"<p>If you've considered investing in the software-as-a-service trend, you've likely come across <b>Palantir Technologies </b>(NYSE:PLTR). In this segment of <i>Backstage Pass,</i> recorded on <b>Nov. 1</b>, Fool.com contributors Danny Vena, Toby Bordelon, and Jose Najarro discuss the newly public stock and its long-term investment runway.</p>\n<p><b>Danny Vena</b>: Palantir is a company that I personally I'm invested in. I invested in the company within the first couple of quarters after it went public last year and I think it's <a href=\"https://laohu8.com/S/AONE.U\">one</a> that's worth a look out. It's not going to be everybody's cup of tea. Particularly since it has so many contracts that are with defense agencies. But on the other hand, I think it's quickly building out its enterprise level business and think it certainly deserves a look. What do you guys think?</p>\n<p><b>Toby Bordelon:</b> Interesting company, Danny. What's the most important part of that business, right? Is it just the government stuff, or is it the enterprise stuff? Because I think for me, I think the government's stuff is the coolest part. You talked about stopping terrorist attacks, but we're also raising some privacy concerns potentially. But I wonder how much upside there is because it's not like the U.S. is going to look favorably upon them just offering it to any government in the world who wants it, you know what I mean?</p>\n<p><b>Vena:</b> Oh, you're absolutely right and that's the reason that they do not because a lot of the data that they deal with is sensitive, also because they deal with the FBI, the CIA, the Department of Homeland Security and because they have access to those databases, they will not do business with any country that is not a direct ally of the United States.</p>\n<p>They're not going to use that particular platform for any other governments other than those that essentially are approved by the U.S. government. On the other hand, I think the big opportunity and I think the biggest opportunity is the fact that they are able to use this artificial intelligence to gather data from these various siloed databases within a company. Companies have a lot of data.</p>\n<p>They have mountains and volumes of data, but they don't really know what to do with it and they don't know what the data tells them and that's where this platform comes in is it can draw from millions of data points. It can infer certain things, and it can draw certain conclusions that you might not even think about that might not be apparent.</p>\n<p>They might be able to draw a conclusion and say, this particular product line that you're not really focusing on, based on these customer metrics, you should really be focusing on this because that could make you a lot more money because it has greater margins and also there's more demand coming up for that.</p>\n<p>Things of that nature. I think the focus for Palantir going forward, I think the government business is going to be the bread and butter right now. But I think the future, essentially, the big future opportunity is going to be in the enterprise space.</p>\n<p><b>Bordelon:</b> You can certainly see, I'm going to call it, the attraction for big conglomerates who have a lot of different businesses and may have their data kind of I could say siloed away like a secret source feed. We can take all of that no matter where it is and give you a holistic picture for senior management. It could aid decision-making at the level of like those big companies or the companies where you have these kind of units to operate independently. Help with capital allocation stuff that sort of thing at the high level. Very intriguing.</p>\n<p><b>Vena:</b> Again, I think it's certainly worth a look. Any thoughts, Jose?</p>\n<p><b>Jose Najarro:</b> Yes, Palantir in my book is one that kind of hits all the green marks for me in forms of like innovation and future optionality of where that market can go. But for some reason, I just haven't taken the time to sit down and really look through it. But some of the investors that I read or talk to always, discuss Palantir for me. Maybe one of these days I'll finally take a few hours and read a little bit more about it.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should Investors Take a Second Look at Palantir Technologies?</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\">\nShould Investors Take a Second Look at Palantir Technologies?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-13 20:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/13/should-investors-take-a-second-look-at-palantir-te/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've considered investing in the software-as-a-service trend, you've likely come across Palantir Technologies (NYSE:PLTR). In this segment of Backstage Pass, recorded on Nov. 1, Fool.com ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/13/should-investors-take-a-second-look-at-palantir-te/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://www.fool.com/investing/2021/12/13/should-investors-take-a-second-look-at-palantir-te/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2191398853","content_text":"If you've considered investing in the software-as-a-service trend, you've likely come across Palantir Technologies (NYSE:PLTR). In this segment of Backstage Pass, recorded on Nov. 1, Fool.com contributors Danny Vena, Toby Bordelon, and Jose Najarro discuss the newly public stock and its long-term investment runway.\nDanny Vena: Palantir is a company that I personally I'm invested in. I invested in the company within the first couple of quarters after it went public last year and I think it's one that's worth a look out. It's not going to be everybody's cup of tea. Particularly since it has so many contracts that are with defense agencies. But on the other hand, I think it's quickly building out its enterprise level business and think it certainly deserves a look. What do you guys think?\nToby Bordelon: Interesting company, Danny. What's the most important part of that business, right? Is it just the government stuff, or is it the enterprise stuff? Because I think for me, I think the government's stuff is the coolest part. You talked about stopping terrorist attacks, but we're also raising some privacy concerns potentially. But I wonder how much upside there is because it's not like the U.S. is going to look favorably upon them just offering it to any government in the world who wants it, you know what I mean?\nVena: Oh, you're absolutely right and that's the reason that they do not because a lot of the data that they deal with is sensitive, also because they deal with the FBI, the CIA, the Department of Homeland Security and because they have access to those databases, they will not do business with any country that is not a direct ally of the United States.\nThey're not going to use that particular platform for any other governments other than those that essentially are approved by the U.S. government. On the other hand, I think the big opportunity and I think the biggest opportunity is the fact that they are able to use this artificial intelligence to gather data from these various siloed databases within a company. Companies have a lot of data.\nThey have mountains and volumes of data, but they don't really know what to do with it and they don't know what the data tells them and that's where this platform comes in is it can draw from millions of data points. It can infer certain things, and it can draw certain conclusions that you might not even think about that might not be apparent.\nThey might be able to draw a conclusion and say, this particular product line that you're not really focusing on, based on these customer metrics, you should really be focusing on this because that could make you a lot more money because it has greater margins and also there's more demand coming up for that.\nThings of that nature. I think the focus for Palantir going forward, I think the government business is going to be the bread and butter right now. But I think the future, essentially, the big future opportunity is going to be in the enterprise space.\nBordelon: You can certainly see, I'm going to call it, the attraction for big conglomerates who have a lot of different businesses and may have their data kind of I could say siloed away like a secret source feed. We can take all of that no matter where it is and give you a holistic picture for senior management. It could aid decision-making at the level of like those big companies or the companies where you have these kind of units to operate independently. Help with capital allocation stuff that sort of thing at the high level. Very intriguing.\nVena: Again, I think it's certainly worth a look. Any thoughts, Jose?\nJose Najarro: Yes, Palantir in my book is one that kind of hits all the green marks for me in forms of like innovation and future optionality of where that market can go. But for some reason, I just haven't taken the time to sit down and really look through it. But some of the investors that I read or talk to always, discuss Palantir for me. Maybe one of these days I'll finally take a few hours and read a little bit more about it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":872944592,"gmtCreate":1637407653749,"gmtModify":1637407654013,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/872944592","repostId":"2184842262","repostType":4,"repost":{"id":"2184842262","pubTimestamp":1637359018,"share":"https://www.laohu8.com/m/news/2184842262?lang=&edition=full","pubTime":"2021-11-20 05:56","market":"us","language":"en","title":"Nasdaq ends atop 16,000 mark for the first time on tech strength","url":"https://stock-news.laohu8.com/highlight/detail?id=2184842262","media":"Reuters","summary":"(Reuters) - The Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in i","content":"<p>(Reuters) - The Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technology stocks, while pandemic jitters sent the Dow to its fourth losing session in the last five.</p>\n<p>Both the Nasdaq and S&amp;P 500 index scored a winning week, up 1.2% and 0.3% respectively, after last week's declines snapped a five-week run of higher finishes.</p>\n<p>The Dow Jones Industrial Average's second-successive weekly loss - this one of 1.4% - wiped out the last of its November gains, extending the index's drop from a Nov. 8 record high to 2.3%.</p>\n<p>Friday's fall was caused by banking, energy and airline stocks slumping on fears that European countries, battling a resurgence of COVID-19 cases, could follow Austria in moving towards a full lockdown.</p>\n<p>Banking stocks fell 1.6%, tracking a drop in Treasury yields as investors snapped up safe-haven bonds. The S&amp;P energy index dropped 3.9%, the worst performing sector, as crude prices fell on demand implications.</p>\n<p>Carriers including Delta Air Lines, United Airlines and American Airlines, and cruiseliners Norwegian Cruise Line and Carnival Corp all dropped between 0.6% and 2.8%.</p>\n<p>\"It's a normal time to take risk off. And in this case, there's just so much liquidity that the market doesn't go down - just people take risk off by going into safe havens,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York.</p>\n<p>Falling yields and safe-haven demand supported major technology stocks, which in turn lifted the Nasdaq.</p>\n<p>FAANG stocks, which have largely persevered through economic shocks since 2020, traded broadly higher. Netflix Inc gained along with other stay-at-home stocks.</p>\n<p>Chipmaker Nvidia Corp rose 4.1% to its third straight closing high, and the Philadelphia semiconductor index , up 0.3%, hit its third record closing high in four.</p>\n<p>The Dow Jones Industrial Average fell 268.97 points, or 0.75%, to 35,601.98; the S&amp;P 500 lost 6.58 points, or 0.14%, at 4,697.96; and the Nasdaq Composite added 63.73 points, or 0.4%, to 16,057.44.</p>\n<p>The S&amp;P 500 gyrated on Friday before slipping into negative territory, after a week in which retailers pushed it to a record finish the previous day.</p>\n<p>The S&amp;P consumer discretionary sector rose 0.3% to a closing peak for a second day in a row, after breaking its lifetime intraday high on Friday. This follows strong retail earnings this week and positive signs for holiday shopping.</p>\n<p>Lowe's Companies rose 0.9% to its third successive record close after reporting third-quarter results on Wednesday. Etsy Inc, which posted earnings earlier this month, achieved the same closing feat after finishing up 1.4%.</p>\n<p>\"Out of the Q3 earnings, one of the trends we have seen is the resounding strength of the U.S. consumer,\" said Jessica Bemer, portfolio manager at Easterly Investment Partners.</p>\n<p>\"We've heard it all through this week from retailers talking about the consumer coming back into the store, enjoying the shopping experience and getting ready for the holidays. It makes sense but it was really validated during earnings season.\"</p>\n<p>Profit-taking in names which gained earlier in the week led to drops of between 2.9% and 8.8% in Macy's Inc, Kohls Corp and Gap Inc.</p>\n<p>The information technology segment, up 0.8%, was the best performer on the S&amp;P 500.</p>\n<p>It was buoyed by Intuit Inc, which jumped 10.1% as brokerages lifted their price targets on the income tax software company after it beat quarterly estimates and raised forecasts.</p>\n<p>Volume on U.S. exchanges was 10.68 billion shares, compared with the 11.12 billion average for the full session over the last 20 trading days.</p>\n<p>The S&amp;P 500 posted 45 new 52-week highs and nine new lows; the Nasdaq Composite recorded 100 new highs and 309 new lows.</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nasdaq ends atop 16,000 mark for the first time on tech strength</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNasdaq ends atop 16,000 mark for the first time on tech strength\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-20 05:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-nasdaq-ends-atop-215658565.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) - The Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technology stocks, while pandemic jitters sent the Dow ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-nasdaq-ends-atop-215658565.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","COMP":"Compass, Inc.",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/us-stocks-nasdaq-ends-atop-215658565.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2184842262","content_text":"(Reuters) - The Nasdaq Composite Index closed above 16,000 points for the first time on Friday, in its second-straight record finish powered by technology stocks, while pandemic jitters sent the Dow to its fourth losing session in the last five.\nBoth the Nasdaq and S&P 500 index scored a winning week, up 1.2% and 0.3% respectively, after last week's declines snapped a five-week run of higher finishes.\nThe Dow Jones Industrial Average's second-successive weekly loss - this one of 1.4% - wiped out the last of its November gains, extending the index's drop from a Nov. 8 record high to 2.3%.\nFriday's fall was caused by banking, energy and airline stocks slumping on fears that European countries, battling a resurgence of COVID-19 cases, could follow Austria in moving towards a full lockdown.\nBanking stocks fell 1.6%, tracking a drop in Treasury yields as investors snapped up safe-haven bonds. The S&P energy index dropped 3.9%, the worst performing sector, as crude prices fell on demand implications.\nCarriers including Delta Air Lines, United Airlines and American Airlines, and cruiseliners Norwegian Cruise Line and Carnival Corp all dropped between 0.6% and 2.8%.\n\"It's a normal time to take risk off. And in this case, there's just so much liquidity that the market doesn't go down - just people take risk off by going into safe havens,\" said Jay Hatfield, chief executive of Infrastructure Capital Management in New York.\nFalling yields and safe-haven demand supported major technology stocks, which in turn lifted the Nasdaq.\nFAANG stocks, which have largely persevered through economic shocks since 2020, traded broadly higher. Netflix Inc gained along with other stay-at-home stocks.\nChipmaker Nvidia Corp rose 4.1% to its third straight closing high, and the Philadelphia semiconductor index , up 0.3%, hit its third record closing high in four.\nThe Dow Jones Industrial Average fell 268.97 points, or 0.75%, to 35,601.98; the S&P 500 lost 6.58 points, or 0.14%, at 4,697.96; and the Nasdaq Composite added 63.73 points, or 0.4%, to 16,057.44.\nThe S&P 500 gyrated on Friday before slipping into negative territory, after a week in which retailers pushed it to a record finish the previous day.\nThe S&P consumer discretionary sector rose 0.3% to a closing peak for a second day in a row, after breaking its lifetime intraday high on Friday. This follows strong retail earnings this week and positive signs for holiday shopping.\nLowe's Companies rose 0.9% to its third successive record close after reporting third-quarter results on Wednesday. Etsy Inc, which posted earnings earlier this month, achieved the same closing feat after finishing up 1.4%.\n\"Out of the Q3 earnings, one of the trends we have seen is the resounding strength of the U.S. consumer,\" said Jessica Bemer, portfolio manager at Easterly Investment Partners.\n\"We've heard it all through this week from retailers talking about the consumer coming back into the store, enjoying the shopping experience and getting ready for the holidays. It makes sense but it was really validated during earnings season.\"\nProfit-taking in names which gained earlier in the week led to drops of between 2.9% and 8.8% in Macy's Inc, Kohls Corp and Gap Inc.\nThe information technology segment, up 0.8%, was the best performer on the S&P 500.\nIt was buoyed by Intuit Inc, which jumped 10.1% as brokerages lifted their price targets on the income tax software company after it beat quarterly estimates and raised forecasts.\nVolume on U.S. exchanges was 10.68 billion shares, compared with the 11.12 billion average for the full session over the last 20 trading days.\nThe S&P 500 posted 45 new 52-week highs and nine new lows; the Nasdaq Composite recorded 100 new highs and 309 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":842539260,"gmtCreate":1636196475258,"gmtModify":1636196476029,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/842539260","repostId":"1136116425","repostType":4,"repost":{"id":"1136116425","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":1636104081,"share":"https://www.laohu8.com/m/news/1136116425?lang=&edition=full","pubTime":"2021-11-05 17:21","market":"us","language":"en","title":"U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=1136116425","media":"Tiger Newspress","summary":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regu","content":"<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</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>U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Daylight Saving Time Ends on Sunday, Nov.7 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-05 17:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00&nbsp;a.m.</p>\n<p>At that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. </p>\n<p><img src=\"https://static.tigerbbs.com/e441a1a98d5230fc31d6f1652e577bde\" tg-width=\"674\" tg-height=\"365\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Trading Hours</b></p>\n<p>U.S.&nbsp;Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~&nbsp;5:00 the next day</p>\n<p><b>pre-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00&nbsp;~&nbsp;22:30</p>\n<p><b>post-trade</b></p>\n<p>U.S.&nbsp;Eastern Time:16：00~20：00;Beijing time/SGT:5:00&nbsp;~&nbsp;9:00</p>\n<p>(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)</p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136116425","content_text":"Dear Tigers, U.S. Daylight Saving Time Ends on Sunday, Nov.7 2021,at 2:00 a.m.\nAt that time,the regular trading period of the US stock market will move toward by one hour, which will become 22:30 p.m.to 5:00 a.m（Beijing Time/SGT）. \n\nTrading Hours\nU.S. Eastern Time:9:30 ~ 16:00; Beijing time /SGT :22:30 ~ 5:00 the next day\npre-trade\nU.S. Eastern Time:4:00 ~ 9:30;Beijing time/SGT :17:00 ~ 22:30\npost-trade\nU.S. Eastern Time:16：00~20：00;Beijing time/SGT:5:00 ~ 9:00\n(Note: Daylight saving time always begins on the second Sunday in March and ends on the first Sunday in November)","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858386021,"gmtCreate":1634981211104,"gmtModify":1634981211994,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/858386021","repostId":"1172683205","repostType":4,"repost":{"id":"1172683205","pubTimestamp":1634944622,"share":"https://www.laohu8.com/m/news/1172683205?lang=&edition=full","pubTime":"2021-10-23 07:17","market":"us","language":"en","title":"Tech Stocks Stumbled While the Dow Hit a New High","url":"https://stock-news.laohu8.com/highlight/detail?id=1172683205","media":"Barrons","summary":"The Dow Jones Industrial Average closed at a new record Friday, while tech stocks came under pressur","content":"<p>The Dow Jones Industrial Average&nbsp;closed at a new record Friday, while tech stocks came under pressure as&nbsp;Snap‘s Apple issues partly spurred a selloff in social-media stocks.</p>\n<p>The Dow gained 74 points, or 0.2%, closing at 35,677.02 points and surpassing its record close of 35,625.4 points hit Aug. 16. Meanwhile, the S&amp;P 500 fell 0.1% and the&nbsp;Nasdaq Composite&nbsp;tumbled 0.8%.</p>\n<p>Big Tech stocks were hit hard, as seen by the tech-heavy Nasdaq. Over a quarter of the S&amp;P 500’s total market capitalization is from technology companies, so when their shares decline, they usually bring the S&amp;P 500 down with them, too.</p>\n<p>Snap&nbsp;shares slid 26.6% as its revenue for the third quarter was slightly below estimates. Snap said&nbsp;Apple‘s (AAPL) privacy changes damaged advertising sales. The company also warned that brands’ supply chain constraints—which limit the ability to meet sales goals—are prompting them to reduce ad spend. That hurt&nbsp;Facebook&nbsp;and&nbsp;Alphabet&nbsp;stocks, which fell 5.1% and 3%, respectively.</p>\n<p>The stock market wasn’t having as rough a day as the major indexes would suggest. While tech stocks dropped, other sectors rose; about 63% of the S&amp;P 500’s stocks were in the green, according to FactSet.</p>\n<p>Earnings season thus far has largely propelled stocks higher. The aggregate earnings per share result from S&amp;P 500 companies—excluding financials—has beaten analyst estimates by about 10%, according to Credit Suisse. Just a few weeks ago, profits were beating by only about 4%.</p>\n<p>“A return to a focus on earnings would once again favor stock picking over buying Indexes,” writes Louis Navellier, founder of Navellier &amp; Associates.</p>\n<p>Another positive—certainly helping to lift economically-sensitive stocks—was strong economic data. The Markit Services Purchasing Managers Index showed a reading of 58.2 for October, beating estimates of 55.5. Any reading above 50 indicates that activity increased. The Markit Manufacturing PMI read 59.2, just below the expected 60.5.</p>\n<p>While the PMI results showed that companies are paying higher costs for materials, they’re also raising prices. Ultimately, “demand is clearly strong,” writes Andrew Hollenhorst, Citigroup economist.</p>\n<p>Markets continue to monitor one key negative factor—ongoing inflation. Federal Reserve Chairman Jerome Powell implied at a virtual conference Friday that he is becoming slightly more&nbsp;concerned that high inflation is here to stay.</p>\n<p><b>Here are 5 stocks on the move Friday</b>:</p>\n<p>Intel&nbsp;was down 11.7% after the chip maker missed sales expectations when it posted earnings late Thursday, putting down a decline in its PC business to broader component shortages.</p>\n<p>Mattel&nbsp;rose 0.6% after reporting better-than-expected earnings.</p>\n<p>Cleveland-Cliffs&nbsp;gained 12.7% after its earnings beat estimates and the company offered optimistic guidance on steel pricing.</p>\n<p>Zoom Video Communications&nbsp;advanced 1% after getting upgraded to Overweight from Neutral at JPMorgan.</p>\n<p>Beyond Meat&nbsp;tumbled 11.8% after forecasting third-quarter sales of $106 million, compared with its prior forecast of $120 million to $140 million.</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>Tech Stocks Stumbled While the Dow Hit a New 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\">\nTech Stocks Stumbled While the Dow Hit a New High\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-23 07:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-today-51634891875?mod=hp_LEAD_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow Jones Industrial Average closed at a new record Friday, while tech stocks came under pressure as Snap‘s Apple issues partly spurred a selloff in social-media stocks.\nThe Dow gained 74 points, ...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-today-51634891875?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":{"GOOGL":"谷歌A","SNAP":"Snap Inc",".SPX":"S&P 500 Index","GOOG":"谷歌","MAT":"美国美泰公司","CLF":"克利夫兰克里夫","ZM":"Zoom",".DJI":"道琼斯","INTC":"英特尔",".IXIC":"NASDAQ Composite","BYND":"Beyond Meat, Inc.","AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/stock-market-today-51634891875?mod=hp_LEAD_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172683205","content_text":"The Dow Jones Industrial Average closed at a new record Friday, while tech stocks came under pressure as Snap‘s Apple issues partly spurred a selloff in social-media stocks.\nThe Dow gained 74 points, or 0.2%, closing at 35,677.02 points and surpassing its record close of 35,625.4 points hit Aug. 16. Meanwhile, the S&P 500 fell 0.1% and the Nasdaq Composite tumbled 0.8%.\nBig Tech stocks were hit hard, as seen by the tech-heavy Nasdaq. Over a quarter of the S&P 500’s total market capitalization is from technology companies, so when their shares decline, they usually bring the S&P 500 down with them, too.\nSnap shares slid 26.6% as its revenue for the third quarter was slightly below estimates. Snap said Apple‘s (AAPL) privacy changes damaged advertising sales. The company also warned that brands’ supply chain constraints—which limit the ability to meet sales goals—are prompting them to reduce ad spend. That hurt Facebook and Alphabet stocks, which fell 5.1% and 3%, respectively.\nThe stock market wasn’t having as rough a day as the major indexes would suggest. While tech stocks dropped, other sectors rose; about 63% of the S&P 500’s stocks were in the green, according to FactSet.\nEarnings season thus far has largely propelled stocks higher. The aggregate earnings per share result from S&P 500 companies—excluding financials—has beaten analyst estimates by about 10%, according to Credit Suisse. Just a few weeks ago, profits were beating by only about 4%.\n“A return to a focus on earnings would once again favor stock picking over buying Indexes,” writes Louis Navellier, founder of Navellier & Associates.\nAnother positive—certainly helping to lift economically-sensitive stocks—was strong economic data. The Markit Services Purchasing Managers Index showed a reading of 58.2 for October, beating estimates of 55.5. Any reading above 50 indicates that activity increased. The Markit Manufacturing PMI read 59.2, just below the expected 60.5.\nWhile the PMI results showed that companies are paying higher costs for materials, they’re also raising prices. Ultimately, “demand is clearly strong,” writes Andrew Hollenhorst, Citigroup economist.\nMarkets continue to monitor one key negative factor—ongoing inflation. Federal Reserve Chairman Jerome Powell implied at a virtual conference Friday that he is becoming slightly more concerned that high inflation is here to stay.\nHere are 5 stocks on the move Friday:\nIntel was down 11.7% after the chip maker missed sales expectations when it posted earnings late Thursday, putting down a decline in its PC business to broader component shortages.\nMattel rose 0.6% after reporting better-than-expected earnings.\nCleveland-Cliffs gained 12.7% after its earnings beat estimates and the company offered optimistic guidance on steel pricing.\nZoom Video Communications advanced 1% after getting upgraded to Overweight from Neutral at JPMorgan.\nBeyond Meat tumbled 11.8% after forecasting third-quarter sales of $106 million, compared with its prior forecast of $120 million to $140 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":27,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821769711,"gmtCreate":1633792112992,"gmtModify":1633792113176,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/821769711","repostId":"1167388174","repostType":4,"repost":{"id":"1167388174","pubTimestamp":1633742914,"share":"https://www.laohu8.com/m/news/1167388174?lang=&edition=full","pubTime":"2021-10-09 09:28","market":"us","language":"en","title":"US IPO Week Ahead: Software, payments, telecom towers, and more in an 8 IPO week","url":"https://stock-news.laohu8.com/highlight/detail?id=1167388174","media":"renaissancecap...","summary":"The Fall IPO market is expected to stay busy with eight IPOs schedule to raise $1.9 billion in the w","content":"<p>The Fall IPO market is expected to stay busy with eight IPOs schedule to raise $1.9 billion in the week ahead.</p>\n<p>Software development platform&nbsp;<b>GitLab</b>(GTLB) plans to raise $598 million at a $9.4 billion market cap. This founder-led company provides an end-to-end DevOps platform to accelerate the software development cycle from weeks to minutes and enable rapid, continuous updates. Although it competes with large players, Gitlab has delivered strong revenue growth and net retention.</p>\n<p>B2B payments platform&nbsp;<b>AvidXchange</b>(AVDX) plans to raise $528 million at a $4.7 billion market cap. This SaaS provides an end-to-end billing and payment software platform to over 7,000 mid-market businesses. Avidxchange is growing but highly unprofitable with negative cash flow.</p>\n<p><b>IHS Holding</b>(IHS) plans to raise $506 million at a $7.6 billion market cap. This telecom giant is Africa’s largest independent operator and developer of shared telecom infrastructure, operating over 30,000 towers across five countries in Africa. Growing and profitable, IHS is the largest tower operator in six of the nine markets in which it operates.</p>\n<p>Orthopedic medical device company&nbsp;<b>Paragon 28</b>(FNA) plans to raise $125 million at a $1.3 billion market cap. This medical device company is developing orthopedic implants and related medical devices for foot and ankle ailments. Growing and profitable, Paragon 28 offers a suite of surgical solutions with over 7 product systems and approximately 8,700 SKUs.</p>\n<p>Medical diagnostics company&nbsp;<b>Lucid Diagnostics</b>(LUCD) plans to raise $75 million at a $575 million market cap. This company makes diagnostic tests for esophageal precancer and cancer in gastroesophageal reflux disease (GERD) patients. Lucid Diagnostic states that its lead product is the first and only commercially available screening tool to prevent esophageal adenocarcinoma through early detection.</p>\n<p>ADHD drug developer&nbsp;<b>Cingulate</b>(CING) plans to raise $50 million at a $225 million market cap. Its two candidates, CTx-1301 and CTx-1302, are being developed for the treatment of ADHD. The company announced positive results from a Phase 1/2 study of CTx-1301 in October 2020, and plans to initiate Phase 3 trials in the 4Q21 with results expected in late 2022.</p>\n<p>Managed health plan provider&nbsp;<b>Marpai</b>(MRAI) plans to raise $25 million at a $142 million market cap. Marpai provides and manages a health plan platform for self-insured employers that pay for their employees’ healthcare benefits. Growing but highly unprofitable, this health plan platform uses AI to predict costly events to optimize employee care and employer savings.</p>\n<p>Dermatological drug spinoff&nbsp;<b>Biofrontera</b>(BFRI) plans to raise $18 million at a $66 million market cap. This pharmaceutical company commercializes dermatological drugs, specifically ones used to treat diseases caused by sunlight exposure that results in skin damage. Biofrontera’s principal product, Ameluz, is currently approved by the FDA for use in treating actinic keratosis.</p>","source":"lsy1625129603274","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>US IPO Week Ahead: Software, payments, telecom towers, and more in an 8 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: Software, payments, telecom towers, and more in an 8 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-09 09:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/87028/US-IPO-Week-Ahead-Software-payments-telecom-towers-and-more-in-an-8-IPO-wee><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Fall IPO market is expected to stay busy with eight IPOs schedule to raise $1.9 billion in the week ahead.\nSoftware development platform GitLab(GTLB) plans to raise $598 million at a $9.4 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/87028/US-IPO-Week-Ahead-Software-payments-telecom-towers-and-more-in-an-8-IPO-wee\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GTLB":"GitLab, Inc.","AVDX":"AvidXchange Holdings, Inc","IHS":"IHS Holding Ltd","LUCD":"LUCID DIAGNOSTICS INC."},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/87028/US-IPO-Week-Ahead-Software-payments-telecom-towers-and-more-in-an-8-IPO-wee","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1167388174","content_text":"The Fall IPO market is expected to stay busy with eight IPOs schedule to raise $1.9 billion in the week ahead.\nSoftware development platform GitLab(GTLB) plans to raise $598 million at a $9.4 billion market cap. This founder-led company provides an end-to-end DevOps platform to accelerate the software development cycle from weeks to minutes and enable rapid, continuous updates. Although it competes with large players, Gitlab has delivered strong revenue growth and net retention.\nB2B payments platform AvidXchange(AVDX) plans to raise $528 million at a $4.7 billion market cap. This SaaS provides an end-to-end billing and payment software platform to over 7,000 mid-market businesses. Avidxchange is growing but highly unprofitable with negative cash flow.\nIHS Holding(IHS) plans to raise $506 million at a $7.6 billion market cap. This telecom giant is Africa’s largest independent operator and developer of shared telecom infrastructure, operating over 30,000 towers across five countries in Africa. Growing and profitable, IHS is the largest tower operator in six of the nine markets in which it operates.\nOrthopedic medical device company Paragon 28(FNA) plans to raise $125 million at a $1.3 billion market cap. This medical device company is developing orthopedic implants and related medical devices for foot and ankle ailments. Growing and profitable, Paragon 28 offers a suite of surgical solutions with over 7 product systems and approximately 8,700 SKUs.\nMedical diagnostics company Lucid Diagnostics(LUCD) plans to raise $75 million at a $575 million market cap. This company makes diagnostic tests for esophageal precancer and cancer in gastroesophageal reflux disease (GERD) patients. Lucid Diagnostic states that its lead product is the first and only commercially available screening tool to prevent esophageal adenocarcinoma through early detection.\nADHD drug developer Cingulate(CING) plans to raise $50 million at a $225 million market cap. Its two candidates, CTx-1301 and CTx-1302, are being developed for the treatment of ADHD. The company announced positive results from a Phase 1/2 study of CTx-1301 in October 2020, and plans to initiate Phase 3 trials in the 4Q21 with results expected in late 2022.\nManaged health plan provider Marpai(MRAI) plans to raise $25 million at a $142 million market cap. Marpai provides and manages a health plan platform for self-insured employers that pay for their employees’ healthcare benefits. Growing but highly unprofitable, this health plan platform uses AI to predict costly events to optimize employee care and employer savings.\nDermatological drug spinoff Biofrontera(BFRI) plans to raise $18 million at a $66 million market cap. This pharmaceutical company commercializes dermatological drugs, specifically ones used to treat diseases caused by sunlight exposure that results in skin damage. Biofrontera’s principal product, Ameluz, is currently approved by the FDA for use in treating actinic keratosis.","news_type":1},"isVote":1,"tweetType":1,"viewCount":85,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":829654088,"gmtCreate":1633504564710,"gmtModify":1633504565499,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/829654088","repostId":"1123518290","repostType":4,"repost":{"id":"1123518290","pubTimestamp":1633480169,"share":"https://www.laohu8.com/m/news/1123518290?lang=&edition=full","pubTime":"2021-10-06 08:29","market":"us","language":"en","title":"For your shopping list: These big tech stocks have dropped as much as 20% over the past month","url":"https://stock-news.laohu8.com/highlight/detail?id=1123518290","media":"MarketWatch","summary":"Hard-hit tech stocks include DocuSign, Adobe, Nvidia and Facebook\nShares of these four tech-oriented","content":"<p>Hard-hit tech stocks include DocuSign, Adobe, Nvidia and Facebook</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/98172a45c8b5e404160f18d08070a602\" tg-width=\"700\" tg-height=\"487\" referrerpolicy=\"no-referrer\"><span>Shares of these four tech-oriented companies have dropped between 16% and 20% over the past month.</span></p>\n<p>Technology stocks have slumped. What investors never know is how long it will take for the inevitable sector reversal.</p>\n<p>A list of the worst-performing technology stocks over the past month among the S&amp;P 500 Index&nbsp;and the Nasdaq 100 Index&nbsp;is below.</p>\n<p>Here’s how the 11 sectors of the S&amp;P 500 Index have performed over the past month, excluding dividends:</p>\n<p><img src=\"https://static.tigerbbs.com/c8f5d4fa7bb043e7fcc06892e36975c0\" tg-width=\"1093\" tg-height=\"689\" referrerpolicy=\"no-referrer\"></p>\n<p>All in all, 2021 has been a fine year for stock market performance, especially when considering that it has followed what turned out to be a good 2020 for most sectors. The technology sector was the third-worst-performing sector from Sept. 3 through Oct. 4, but it has been the clear leader from the end of 2019 through the Covid-19 pandemic.</p>\n<p>Wedbush analyst Dan Ives attributed the pullback in technology stocks to the fear of rising interest rates and concern over growth-stock valuations in a note to clients on Oct. 5. He went on to predict the pressure on tech stocks would be “short-lived” and that the sector would be up 10% from here through the end of 2021.</p>\n<p>“[T]he tech growth stories are being massively underestimated by the Street in&nbsp;our opinion with 3Q earnings a major positive catalyst for the tech sector looking&nbsp;ahead,” Ives wrote.</p>\n<p>The overwhelming tendency for companies reporting quarterly results to beat analysts’ consensus estimates may well turn the analyst’s prediction into reality in only a few weeks.</p>\n<p>Ives sees a “multitrillion opportunity for the next decade” as the digital transformation of multiple industries continues. His favorite investments include Apple Inc.&nbsp;among the FAANG stocks. For plays on cloud computing, his favorites among large-cap stocks are Microsoft Corp.&nbsp;and DocuSign Inc.Among large-cap companies poised for the best growth as cybersecurity threats are dealt with, Ives’s top recommendations are Zscaler Inc.,Palo Alto Networks Inc.&nbsp;and Fortinet Inc..</p>\n<p><b>Biggest large-cap tech drops over the past month</b></p>\n<p>To list tech stocks, we began with the S&amp;P 500 information technology sector and then added tech-oriented names in other sectors, such as Facebook Inc.,Twitter Inc.&nbsp;and videogame developers in the communications sector and Amazon.com Inc.&nbsp;in the consumer discretionary sector. We then added tech companies in the Nasdaq-100 that aren’t included in the S&amp;P 500.</p>\n<p>From this expanded list of 105 tech stocks, here are the 20 worst performers from Sept. 3 through Oct. 4:</p>\n<p><img src=\"https://static.tigerbbs.com/d705f2cc5483edcc3d71a32588491010\" tg-width=\"781\" tg-height=\"853\" referrerpolicy=\"no-referrer\"></p>\n<p>Leaving the group of 20 tech stocks in the same order, here’s a summary of opinion among Wall Street analysts polled by FactSet:</p>\n<p><img src=\"https://static.tigerbbs.com/b5ff770f5711640a821e1075b09979d2\" tg-width=\"790\" tg-height=\"842\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>For your shopping list: These big tech stocks have dropped as much as 20% over the past month</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFor your shopping list: These big tech stocks have dropped as much as 20% over the past month\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-06 08:29 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/for-your-shopping-list-these-big-tech-stocks-have-dropped-as-much-as-20-over-the-past-month-11633442943?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hard-hit tech stocks include DocuSign, Adobe, Nvidia and Facebook\nShares of these four tech-oriented companies have dropped between 16% and 20% over the past month.\nTechnology stocks have slumped. ...</p>\n\n<a href=\"https://www.marketwatch.com/story/for-your-shopping-list-these-big-tech-stocks-have-dropped-as-much-as-20-over-the-past-month-11633442943?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":{".DJI":"道琼斯","AAPL":"苹果","JD":"京东","ZM":"Zoom","DOCU":"Docusign","ENPH":"Enphase Energy",".IXIC":"NASDAQ Composite","ADBE":"Adobe","CRWD":"CrowdStrike Holdings, Inc.","MELI":"MercadoLibre","PYPL":"PayPal",".SPX":"S&P 500 Index","QCOM":"高通","OKTA":"Okta Inc.","PTON":"Peloton Interactive, Inc.","PDD":"拼多多","NVDA":"英伟达"},"source_url":"https://www.marketwatch.com/story/for-your-shopping-list-these-big-tech-stocks-have-dropped-as-much-as-20-over-the-past-month-11633442943?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1123518290","content_text":"Hard-hit tech stocks include DocuSign, Adobe, Nvidia and Facebook\nShares of these four tech-oriented companies have dropped between 16% and 20% over the past month.\nTechnology stocks have slumped. What investors never know is how long it will take for the inevitable sector reversal.\nA list of the worst-performing technology stocks over the past month among the S&P 500 Index and the Nasdaq 100 Index is below.\nHere’s how the 11 sectors of the S&P 500 Index have performed over the past month, excluding dividends:\n\nAll in all, 2021 has been a fine year for stock market performance, especially when considering that it has followed what turned out to be a good 2020 for most sectors. The technology sector was the third-worst-performing sector from Sept. 3 through Oct. 4, but it has been the clear leader from the end of 2019 through the Covid-19 pandemic.\nWedbush analyst Dan Ives attributed the pullback in technology stocks to the fear of rising interest rates and concern over growth-stock valuations in a note to clients on Oct. 5. He went on to predict the pressure on tech stocks would be “short-lived” and that the sector would be up 10% from here through the end of 2021.\n“[T]he tech growth stories are being massively underestimated by the Street in our opinion with 3Q earnings a major positive catalyst for the tech sector looking ahead,” Ives wrote.\nThe overwhelming tendency for companies reporting quarterly results to beat analysts’ consensus estimates may well turn the analyst’s prediction into reality in only a few weeks.\nIves sees a “multitrillion opportunity for the next decade” as the digital transformation of multiple industries continues. His favorite investments include Apple Inc. among the FAANG stocks. For plays on cloud computing, his favorites among large-cap stocks are Microsoft Corp. and DocuSign Inc.Among large-cap companies poised for the best growth as cybersecurity threats are dealt with, Ives’s top recommendations are Zscaler Inc.,Palo Alto Networks Inc. and Fortinet Inc..\nBiggest large-cap tech drops over the past month\nTo list tech stocks, we began with the S&P 500 information technology sector and then added tech-oriented names in other sectors, such as Facebook Inc.,Twitter Inc. and videogame developers in the communications sector and Amazon.com Inc. in the consumer discretionary sector. We then added tech companies in the Nasdaq-100 that aren’t included in the S&P 500.\nFrom this expanded list of 105 tech stocks, here are the 20 worst performers from Sept. 3 through Oct. 4:\n\nLeaving the group of 20 tech stocks in the same order, here’s a summary of opinion among Wall Street analysts polled by FactSet:","news_type":1},"isVote":1,"tweetType":1,"viewCount":129,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605428427,"gmtCreate":1639225489730,"gmtModify":1639225490326,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/605428427","repostId":"2190275356","repostType":4,"repost":{"id":"2190275356","pubTimestamp":1639186995,"share":"https://www.laohu8.com/m/news/2190275356?lang=&edition=full","pubTime":"2021-12-11 09:43","market":"us","language":"en","title":"China's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal","url":"https://stock-news.laohu8.com/highlight/detail?id=2190275356","media":"Reuters","summary":"(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become ","content":"<p>(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.</p>\n<p>The deal, which is pending court approval, winds down a long-gestating restructuring process for the beleaguered Tsinghua Unigroup, which was once poised to be China's chip champion but later found itself saddled with debt.</p>\n<p>It is also a blow for Alibaba Group Holding Co Ltd, which was competing with state-backed Jianguang Asset Management to purchase the company in order to bolster its fledgling chip division.</p>\n<p>The size of the investment was not disclosed in Unigroup's statement. A Unigroup spokesperson referred queries to the company statement.</p>\n<p>Tsinghua Unigroup was originally 51% owned by China's prestigious Tsinghua university and led by former real estate magnate Zhao Weiguo.</p>\n<p>Under Zhao, Unigroup invested aggressively in various chip companies, in tandem with a government push to boost China's semiconductor industry.</p>\n<p>Yet few of those bets turned out successful, which caused the company to cross-default on onshore and offshore bonds worth about $3.6 billion by the end of 2020. The following year it received a court order calling for its restructuring.</p>\n<p>In July, Reuters reported that Alibaba and Jianguang Asset Management, also known as JAC Capital, were among a number of firms competing to purchase Unisplendour, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the main revenue generating units under the Unigroup umbrella.</p>\n<p>Unigroup also has stakes in Unisoc, a maker of smartphone application processor chips, and Yangtze Memory Technology Company, a maker of flash memory.</p>\n<p>DATA TROUBLE</p>\n<p>JAC is a private equity firm indirectly owned by China's sovereign wealth fund under the state council.</p>\n<p>According to public filings, the firm indirectly controls Wise Road Capital, a fund which brokered a number of cross-border deals for China's chip sector.</p>\n<p>A company source briefed on the deal said Alibaba was the frontrunner to purchase Unigroup, and hoped to use it to bolster its own cloud computing and chip division.</p>\n<p>However, last minute concerns about data security arose after Chinese ride-hailing giant Didi Chuxing was hit with an unexpected regulatory probe in Beijing for allegedly violating data privacy laws, just days after it listed in New York.</p>\n<p>Alibaba's status as a U.S.-listed company caused a working group managing Unigroup's restructuring to ultimately favor JAC.</p>\n<p>\"The working group was concerned that if Alibaba was picked, some fundamental information about chips would have to be disclosed to the U.S. government and this info would be linked to national security,\" the source said.</p>\n<p>Alibaba did not immediately respond to a request for comment.</p>\n<p>(Reporting Josh Horwitz and the Beijing NewsroomWriting by Tom DalyEditing by David Goodman and Mark Potter)</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>China's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal</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\">\nChina's chip conglomerate Unigroup gets state-backed investors, Alibaba out of deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-11 09:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/chinas-chip-conglomerate-unigroup-gets-120850509.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.\nThe...</p>\n\n<a href=\"https://finance.yahoo.com/news/chinas-chip-conglomerate-unigroup-gets-120850509.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/89e5ee38a5ef188acb46afffabd76104","relate_stocks":{"09988":"阿里巴巴-SW","BK4565":"NFT概念","BK4554":"元宇宙及AR概念","QNETCN":"纳斯达克中美互联网老虎指数","BK4531":"中概回港概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BABA":"阿里巴巴","BK4558":"双十一","BK4524":"宅经济概念","BK4535":"淡马锡持仓","BK4538":"云计算","BK4527":"明星科技股","BK4526":"热门中概股","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4505":"高瓴资本持仓","BK4504":"桥水持仓","BK4548":"巴美列捷福持仓"},"source_url":"https://finance.yahoo.com/news/chinas-chip-conglomerate-unigroup-gets-120850509.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2190275356","content_text":"(Reuters) -A consortium led by Beijing Jianguang Asset Management and Wise Road Capital will become a strategic investor in Chinese chip conglomerate Tsinghua Unigroup, the company said on Friday.\nThe deal, which is pending court approval, winds down a long-gestating restructuring process for the beleaguered Tsinghua Unigroup, which was once poised to be China's chip champion but later found itself saddled with debt.\nIt is also a blow for Alibaba Group Holding Co Ltd, which was competing with state-backed Jianguang Asset Management to purchase the company in order to bolster its fledgling chip division.\nThe size of the investment was not disclosed in Unigroup's statement. A Unigroup spokesperson referred queries to the company statement.\nTsinghua Unigroup was originally 51% owned by China's prestigious Tsinghua university and led by former real estate magnate Zhao Weiguo.\nUnder Zhao, Unigroup invested aggressively in various chip companies, in tandem with a government push to boost China's semiconductor industry.\nYet few of those bets turned out successful, which caused the company to cross-default on onshore and offshore bonds worth about $3.6 billion by the end of 2020. The following year it received a court order calling for its restructuring.\nIn July, Reuters reported that Alibaba and Jianguang Asset Management, also known as JAC Capital, were among a number of firms competing to purchase Unisplendour, one of the main revenue generating units under the Unigroup umbrella.\nUnigroup also has stakes in Unisoc, a maker of smartphone application processor chips, and Yangtze Memory Technology Company, a maker of flash memory.\nDATA TROUBLE\nJAC is a private equity firm indirectly owned by China's sovereign wealth fund under the state council.\nAccording to public filings, the firm indirectly controls Wise Road Capital, a fund which brokered a number of cross-border deals for China's chip sector.\nA company source briefed on the deal said Alibaba was the frontrunner to purchase Unigroup, and hoped to use it to bolster its own cloud computing and chip division.\nHowever, last minute concerns about data security arose after Chinese ride-hailing giant Didi Chuxing was hit with an unexpected regulatory probe in Beijing for allegedly violating data privacy laws, just days after it listed in New York.\nAlibaba's status as a U.S.-listed company caused a working group managing Unigroup's restructuring to ultimately favor JAC.\n\"The working group was concerned that if Alibaba was picked, some fundamental information about chips would have to be disclosed to the U.S. government and this info would be linked to national security,\" the source said.\nAlibaba did not immediately respond to a request for comment.\n(Reporting Josh Horwitz and the Beijing NewsroomWriting by Tom DalyEditing by David Goodman and Mark Potter)","news_type":1},"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":874193196,"gmtCreate":1637739139459,"gmtModify":1637739139723,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thank you!","listText":"Please like and comment. Thank you!","text":"Please like and comment. Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/874193196","repostId":"2185358813","repostType":4,"repost":{"id":"2185358813","pubTimestamp":1637738255,"share":"https://www.laohu8.com/m/news/2185358813?lang=&edition=full","pubTime":"2021-11-24 15:17","market":"us","language":"en","title":"Shell faces anger over takeover of Australian green energy retailer","url":"https://stock-news.laohu8.com/highlight/detail?id=2185358813","media":"StreetInsider","summary":"Royal Dutch Shell is facing protests over its takeover of green energy retailer Powershop Australia,","content":"<p>Royal Dutch Shell is facing protests over its takeover of green energy retailer Powershop Australia, with customers threatening to switch to other renewable energy providers to avoid becoming customers of a fossil fuel company.</p>\n<p>Shell said on Monday it was expanding into Australia's household power market by teaming up with Infrastructure Capital Group to buy Meridian Energy's Australian electricity business, which has more than 185,000 customers, for A$729 million ($526 million). The deal is expected to close in early 2022.</p>\n<p>Activist group Environment Victoria said on Wednesday it had terminated a six-year partnership with Powershop Australia as it was no longer tenable if Shell was going to own the business.</p>\n<p>\"You can't slap a bit of green paint on a multi-billion dollar pollution machine and expect us to ignore it,\" Environment Victoria Chief Executive Jonathan La Nauze said.</p>\n<p>Powershop customers went on social media saying they had switched to other green energy providers and recommended competitors.</p>\n<p>\"@PowershopAus such a shame to hear you have been sold out to @Shell ... Thanks for your previous service, but I made the switch to another provider today,\" Jen Basham said on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>.</p>\n<p>Powershop said on social media on Monday that while its ownership was changing, its \"commitment to our customers and the planet is not\".</p>\n<p>The deal kept the company tied to its wind and hydropower assets through power purchase agreements and its energy would still be 100% carbon offset, it said.</p>\n<p>A Shell Australia spokesperson said the company was committed to halving its absolute emissions by 2030 and achieving net zero emissions by 2050. The Powershop acquisition fits with its effort to become a \"leading provider of clean Power-as-a-Service\", she said.</p>\n<p>\"We look forward to working with Powershop customers to support their energy decarbonisation ambitions,\" Shell's spokesperson said.</p>\n<p>($1 = 1.3870 Australian dollars)</p>","source":"highlight_streetinsider","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>Shell faces anger over takeover of Australian green energy retailer</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\">\nShell faces anger over takeover of Australian green energy retailer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-24 15:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19264355><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Royal Dutch Shell is facing protests over its takeover of green energy retailer Powershop Australia, with customers threatening to switch to other renewable energy providers to avoid becoming ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19264355\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RDS.A":"荷兰皇家壳牌石油A类股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19264355","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2185358813","content_text":"Royal Dutch Shell is facing protests over its takeover of green energy retailer Powershop Australia, with customers threatening to switch to other renewable energy providers to avoid becoming customers of a fossil fuel company.\nShell said on Monday it was expanding into Australia's household power market by teaming up with Infrastructure Capital Group to buy Meridian Energy's Australian electricity business, which has more than 185,000 customers, for A$729 million ($526 million). The deal is expected to close in early 2022.\nActivist group Environment Victoria said on Wednesday it had terminated a six-year partnership with Powershop Australia as it was no longer tenable if Shell was going to own the business.\n\"You can't slap a bit of green paint on a multi-billion dollar pollution machine and expect us to ignore it,\" Environment Victoria Chief Executive Jonathan La Nauze said.\nPowershop customers went on social media saying they had switched to other green energy providers and recommended competitors.\n\"@PowershopAus such a shame to hear you have been sold out to @Shell ... Thanks for your previous service, but I made the switch to another provider today,\" Jen Basham said on Twitter.\nPowershop said on social media on Monday that while its ownership was changing, its \"commitment to our customers and the planet is not\".\nThe deal kept the company tied to its wind and hydropower assets through power purchase agreements and its energy would still be 100% carbon offset, it said.\nA Shell Australia spokesperson said the company was committed to halving its absolute emissions by 2030 and achieving net zero emissions by 2050. The Powershop acquisition fits with its effort to become a \"leading provider of clean Power-as-a-Service\", she said.\n\"We look forward to working with Powershop customers to support their energy decarbonisation ambitions,\" Shell's spokesperson said.\n($1 = 1.3870 Australian dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840380613,"gmtCreate":1635589202978,"gmtModify":1635589203185,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/840380613","repostId":"1112945208","repostType":4,"repost":{"id":"1112945208","pubTimestamp":1635577312,"share":"https://www.laohu8.com/m/news/1112945208?lang=&edition=full","pubTime":"2021-10-30 15:01","market":"us","language":"en","title":"Wall Street Crime and Punishment: Christian Meissenn And His Penny Stock Pump-And-Dump Games","url":"https://stock-news.laohu8.com/highlight/detail?id=1112945208","media":"Benzinga","summary":"Does crime pay?\nWall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicl","content":"<p><i>Does crime pay?</i></p>\n<p><i>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.</i></p>\n<p>“Be careful who you let into your life,” declared a meme on<b>Christian Meissenn’s</b>Instagram page. “People will come and drain the s**t out of you…then leave and blame everything on you.”</p>\n<p>Was Meissenn’s meme a cry of anguished warning against a world full of evil, or a self-tribute? After all, his claim to notoriety was ruining the lives of thousands of people who saw their money disappear into his warped fantasy world of promised penny stock glories.</p>\n<p>The irony of that meme posting was that it happened at all. Meissen was able to play around on social media by making himself a victim of a greater injustice than the brutal scams he enacted on others.</p>\n<p>The Strategy: On Nov. 8, 2016, Meissenn pleaded guilty to <a href=\"https://laohu8.com/S/AONE.U\">one</a> count of conspiracy to commit mail and wire fraud and one count of tax evasion in connection to his grand scheme. A plea of not guilty would have been ridiculous — not with the wealth of evidence stacked against him.</p>\n<p>Starting in 2009, Meissenn and six accomplices (including two unscrupulous lawyers) orchestrated a seven-year pump-and-dump attack against vulnerable investors to buy shares in penny stock companies, which were mostly shell companies that fell under their control.</p>\n<p>This gang unleashed an endless series of telephone calls and emails that bombarded the investors with grand promises of extraordinary returns on investments, while dishonest press releases went across the Internet with wild misrepresentations of the companies’ activities. The attorneys signed phony opinion letters offering false assurances to securities transfer agents and prospective investors that they reviewed corporate records and filings for the issuing companies and were satisfied with the adequacy of the companies’ public disclosures.</p>\n<p>Meissenn and his gang gleefully reeled-in victims who naively sank money into the worthless stocks, bringing their prices to heights where they never belonged. When the prices reached inflated zeniths, the miscreants quickly cashed out and laughed over their gains while their investors were left with worthless stocks and no hope of recovering their losses. By the time the feds moved in during the summer of 2016, more than 12,000 investors collectively lost nearly $19 million.</p>\n<p>Between 2011 and 2015, Meissenn accumulated roughly approximately $4.4 million from the scheme, but rather than deposit the money into his bank account he diverted most of his ill-gotten gains into an attorney’s trust account. The attorney was then directed to either wire funds or send checks to Meissenn — and none of this money was declared on his income taxes. When the Internal Revenue Service finally figured out what he pulled, Meissenn had tiptoed away from paying $1.5 million in federal income taxes.</p>\n<p>A declaration of innocence in the face of this evidence was untenable, Meissenn realized, but cooperating with guilty pleas was not a happier solution. He faced up to 20 years behind bars for accepting guilt on the conspiracy to commit mail and wire fraud charge and a maximum of five years for the tax evasion count.</p>\n<p>But Meissenn had a curious talent for hitting a cosmic reset button that changed his situation when change was needed.</p>\n<p>The American Adventure: Christian Meissenn only existed in America — in his native Bulgaria, he was Christian Levon Nigohossian. In 1987, the 15-year-old Nigohossian and his mother fled their impoverished country and a miserable domestic life under his abusive father for a better opportunity across the Atlantic.</p>\n<p>He would later claim that his mother worked very long hours to support them, which distorted their relationship — he recalled their relationship was “more a friendship than a parental one.”</p>\n<p>He may or may not have fallen into juvenile delinquency. An unpublished autobiographical novel called “Raised by Wolves” offers a colorful, Martin Scorsese-style coming-of-age tale with street gangs and petty crime, but given his shaky acquaintance with the truth it is hard to discern where boisterous tales replaces less-than-entertaining facts. Still, another meme on his Instagram page asked male viewers to “Be the Man You Needed as a Boy,” a hint that his youthful years went awry without paternal guidance.</p>\n<p>Nigohossian found his way into the broker-dealer world in the mid-1990s and began to claim executive positions in sketchy companies. He was cited as treasurer and secretary of The Minneapolis Company and president of Speed of Thought Trading Corp. and GIT Securities. Most of these companies were expelled from their industry by FINRA, which also barred Nigohossian from working as a broker.</p>\n<p>Somewhere along the way, Nigohossian jettisoned his surname for Meissenn. He would call himself Christian Mason and Christopher Mason in his penny stock scheme and he erased all traces of his Eastern European roots from his voice, speaking English with a non-regional American accent. He also found his way to Connecticut, where he registered a skein of intriguing business names with the state, including Bubble’s Lounge and Pip Stop Trading without actually setting up a business.</p>\n<p>In September 2013, the Connecticut Department of Banking issued a cease-and-desist order after determining Meissenn and his business cronies sold unregistered securities for six companies in violation of state law. He was also accused of violating state law by “inducing investors who previously bought securities issued by one or more of the referenced entities to swap their shares at a premium for different securities, promising profitability but not disclosing critical information on the entity, the involvement of Meissenn in the entity’s operations and the impact of dilution.”</p>\n<p>Despite these setbacks, Meissen carried on and in 2017 he claimed to hold the rights to the Atari Games trademark and was “rebuilding the brand in a brand new entity.” This claim came as a surprise to Atari Interactive, which filed a complaint with the U.S. Patent and Trademark Office. Incredibly, this occurred while Meissenn was awaiting sentencing for his penny stock swindles.</p>\n<p>The Ultimate Death Sentence: Meissenn was free on bail after pleading guilty to his penny stock chicanery, but his original sentencing date of Jan. 31, 2017, wound up being postponed until Nov. 30, 2018, due to the aggressive work of his attorney, Cody N. Guarnieri, in turning Meissenn from a predator into a victim.</p>\n<p>Guarnieri disclosed during the sentencing that Meissenn was a patient at Yale New Haven Hospital for two rare diseases: Erdheim-Chester disease, a slow-metastasizing blood cancer, and retroperitoneal fibrosis, an inflammatory disorder that creates abnormal fiber-like tissue in the abdomen. Guarnieri informed the court that Meissenn’s condition was terminal and the chemotherapy treatment he was receiving would only slow the diseases but not cure him.</p>\n<p>Even worse, Guarnieri argued, was whether Meissenn could receive proper medical care while in prison — without the proper care, the attorney insisted, Meissenn would be assured that his prison term would be a death sentence.</p>\n<p>Amazingly, Guarnieri was able to recruit prosecutors to his side, with Assistant U.S. Attorney Avi M. Perry informing the court that Meissenn only had between 1½ and 5 years to live.</p>\n<p>Meissenn’s wife Kerry was brought forth to close the sale, recounting the tragedy in watching her husband’s rapidly deteriorating health, including decreased mobility, fraying memory, and shaking and vomiting from the chemotherapy treatments.</p>\n<p>“He is definitely not the man I married,” she said, begging the court to allow her husband to serve his sentence under house arrest without prison time.</p>\n<p>U.S. District Court Judge Jeffrey A. Meyer listened to the presentations in his New Haven court and spoke calmly about the case before him. He did not absolve Meissenn, branding him as a “brazen criminal” who became wealthy by “ripping people off.” Meyer also pointed to the health issues that burdened the “staggering number of victims” of Meissenn’s pump and dump scam.</p>\n<p>And then, Meyer embraced the argument for leniency.</p>\n<p>“The victims come to court and say they want justice done and don’t even care about the how,” Meyer said. “I look at your case, and I have to wonder whether some providential force — I’m sure this has crossed your mind many times — has essentially decided to send you something much worse than this court could ever do.</p>\n<p>“I believe you should serve some prison time,” Meyer added, “but I don’t believe it should be so much you don’t see your children again.”</p>\n<p>Meyer sentenced Meissenn to three months in prison followed by three years of supervised release under house arrest in the comfort of his Suffield, Connecticut, residence. He also ordered Meissenn to pay restitution of $5.3 million to the victims and $1.5 million to the IRS for unpaid taxes, although he acknowledged it was unlikely Meissenn would ever be able to fulfill that requirement.</p>\n<p>Meissenn entered prison in January 2019 and was out in April 2019. In comparison, two of Meissenn’s collaborators each received prison terms of six years months while two others received seven-year sentences. The two attorneys involved in the scam each received three-year sentences.</p>\n<p>Denouement: While Meissenn apologized for his actions during his sentencing, his life outside of his brief stretch behind bars was remarkably free from remorse.</p>\n<p>Meissenn said he authored the autobiographical “Raised By Wolves” and offered graphic novel illustrative glimpses of his story on Instagram of its content. He also claimed a film version was in the works starring Danny Aiello, but there is no evidence that the Oscar-nominated actor was ever attached to this project. Aiello died in December 2019 and Meissenn ceased trumpeting a film production after he passed away.</p>\n<p>Meissenn started a website called Humor the Tumor to find a light spot in chemotherapy treatment but abandoned it after a few dismal attempts at levity. He filled his Instagram page with scatological angry memes and photographs of himself with his hair growing to flowing lengths — in one video post, he blamed chemotherapy for hair loss and then credited it for allowing his tresses to return with a vengeance.</p>\n<p>One Instagram image from September 2020 showed Meissenn’s hand on the steering wheel of his Lincoln Town Car. Meissenn was driving that vehicle on Aug. 16, 2021, when he was killed in a multiple-vehicle crash on I-95 in lower Connecticut. He was 49 years old at the time of his death and roughly 80 miles away from where he was supposed to have been under house arrest.</p>\n<p>In the month before his court sentencing, Meissenn posted a photograph of himself on Instagram lying on a pillow featuring the message “People are f**king scumbags” while holding up a book titled “How to Be Your Own Best Friend.” Perhaps this photo encapsulated everything that was wrong with Meissenn — the pillow’s contemptuous message was mirrored in the venality of his stock swindles, and the book he displayed offered cruel evidence that he stupidly self-identified as his own best friend when, in reality, he was really his own worst enemy.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street Crime and Punishment: Christian Meissenn And His Penny Stock Pump-And-Dump Games</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Crime and Punishment: Christian Meissenn And His Penny Stock Pump-And-Dump Games\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-30 15:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/10/23699981/wall-street-crime-and-punishment-christian-meissenn-and-his-penny-stock-pump-and-dump-games><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Does crime pay?\nWall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/10/23699981/wall-street-crime-and-punishment-christian-meissenn-and-his-penny-stock-pump-and-dump-games\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76a5f973ee63cb45a72044f57e3a023d","relate_stocks":{},"source_url":"https://www.benzinga.com/news/21/10/23699981/wall-street-crime-and-punishment-christian-meissenn-and-his-penny-stock-pump-and-dump-games","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112945208","content_text":"Does crime pay?\nWall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\n“Be careful who you let into your life,” declared a meme onChristian Meissenn’sInstagram page. “People will come and drain the s**t out of you…then leave and blame everything on you.”\nWas Meissenn’s meme a cry of anguished warning against a world full of evil, or a self-tribute? After all, his claim to notoriety was ruining the lives of thousands of people who saw their money disappear into his warped fantasy world of promised penny stock glories.\nThe irony of that meme posting was that it happened at all. Meissen was able to play around on social media by making himself a victim of a greater injustice than the brutal scams he enacted on others.\nThe Strategy: On Nov. 8, 2016, Meissenn pleaded guilty to one count of conspiracy to commit mail and wire fraud and one count of tax evasion in connection to his grand scheme. A plea of not guilty would have been ridiculous — not with the wealth of evidence stacked against him.\nStarting in 2009, Meissenn and six accomplices (including two unscrupulous lawyers) orchestrated a seven-year pump-and-dump attack against vulnerable investors to buy shares in penny stock companies, which were mostly shell companies that fell under their control.\nThis gang unleashed an endless series of telephone calls and emails that bombarded the investors with grand promises of extraordinary returns on investments, while dishonest press releases went across the Internet with wild misrepresentations of the companies’ activities. The attorneys signed phony opinion letters offering false assurances to securities transfer agents and prospective investors that they reviewed corporate records and filings for the issuing companies and were satisfied with the adequacy of the companies’ public disclosures.\nMeissenn and his gang gleefully reeled-in victims who naively sank money into the worthless stocks, bringing their prices to heights where they never belonged. When the prices reached inflated zeniths, the miscreants quickly cashed out and laughed over their gains while their investors were left with worthless stocks and no hope of recovering their losses. By the time the feds moved in during the summer of 2016, more than 12,000 investors collectively lost nearly $19 million.\nBetween 2011 and 2015, Meissenn accumulated roughly approximately $4.4 million from the scheme, but rather than deposit the money into his bank account he diverted most of his ill-gotten gains into an attorney’s trust account. The attorney was then directed to either wire funds or send checks to Meissenn — and none of this money was declared on his income taxes. When the Internal Revenue Service finally figured out what he pulled, Meissenn had tiptoed away from paying $1.5 million in federal income taxes.\nA declaration of innocence in the face of this evidence was untenable, Meissenn realized, but cooperating with guilty pleas was not a happier solution. He faced up to 20 years behind bars for accepting guilt on the conspiracy to commit mail and wire fraud charge and a maximum of five years for the tax evasion count.\nBut Meissenn had a curious talent for hitting a cosmic reset button that changed his situation when change was needed.\nThe American Adventure: Christian Meissenn only existed in America — in his native Bulgaria, he was Christian Levon Nigohossian. In 1987, the 15-year-old Nigohossian and his mother fled their impoverished country and a miserable domestic life under his abusive father for a better opportunity across the Atlantic.\nHe would later claim that his mother worked very long hours to support them, which distorted their relationship — he recalled their relationship was “more a friendship than a parental one.”\nHe may or may not have fallen into juvenile delinquency. An unpublished autobiographical novel called “Raised by Wolves” offers a colorful, Martin Scorsese-style coming-of-age tale with street gangs and petty crime, but given his shaky acquaintance with the truth it is hard to discern where boisterous tales replaces less-than-entertaining facts. Still, another meme on his Instagram page asked male viewers to “Be the Man You Needed as a Boy,” a hint that his youthful years went awry without paternal guidance.\nNigohossian found his way into the broker-dealer world in the mid-1990s and began to claim executive positions in sketchy companies. He was cited as treasurer and secretary of The Minneapolis Company and president of Speed of Thought Trading Corp. and GIT Securities. Most of these companies were expelled from their industry by FINRA, which also barred Nigohossian from working as a broker.\nSomewhere along the way, Nigohossian jettisoned his surname for Meissenn. He would call himself Christian Mason and Christopher Mason in his penny stock scheme and he erased all traces of his Eastern European roots from his voice, speaking English with a non-regional American accent. He also found his way to Connecticut, where he registered a skein of intriguing business names with the state, including Bubble’s Lounge and Pip Stop Trading without actually setting up a business.\nIn September 2013, the Connecticut Department of Banking issued a cease-and-desist order after determining Meissenn and his business cronies sold unregistered securities for six companies in violation of state law. He was also accused of violating state law by “inducing investors who previously bought securities issued by one or more of the referenced entities to swap their shares at a premium for different securities, promising profitability but not disclosing critical information on the entity, the involvement of Meissenn in the entity’s operations and the impact of dilution.”\nDespite these setbacks, Meissen carried on and in 2017 he claimed to hold the rights to the Atari Games trademark and was “rebuilding the brand in a brand new entity.” This claim came as a surprise to Atari Interactive, which filed a complaint with the U.S. Patent and Trademark Office. Incredibly, this occurred while Meissenn was awaiting sentencing for his penny stock swindles.\nThe Ultimate Death Sentence: Meissenn was free on bail after pleading guilty to his penny stock chicanery, but his original sentencing date of Jan. 31, 2017, wound up being postponed until Nov. 30, 2018, due to the aggressive work of his attorney, Cody N. Guarnieri, in turning Meissenn from a predator into a victim.\nGuarnieri disclosed during the sentencing that Meissenn was a patient at Yale New Haven Hospital for two rare diseases: Erdheim-Chester disease, a slow-metastasizing blood cancer, and retroperitoneal fibrosis, an inflammatory disorder that creates abnormal fiber-like tissue in the abdomen. Guarnieri informed the court that Meissenn’s condition was terminal and the chemotherapy treatment he was receiving would only slow the diseases but not cure him.\nEven worse, Guarnieri argued, was whether Meissenn could receive proper medical care while in prison — without the proper care, the attorney insisted, Meissenn would be assured that his prison term would be a death sentence.\nAmazingly, Guarnieri was able to recruit prosecutors to his side, with Assistant U.S. Attorney Avi M. Perry informing the court that Meissenn only had between 1½ and 5 years to live.\nMeissenn’s wife Kerry was brought forth to close the sale, recounting the tragedy in watching her husband’s rapidly deteriorating health, including decreased mobility, fraying memory, and shaking and vomiting from the chemotherapy treatments.\n“He is definitely not the man I married,” she said, begging the court to allow her husband to serve his sentence under house arrest without prison time.\nU.S. District Court Judge Jeffrey A. Meyer listened to the presentations in his New Haven court and spoke calmly about the case before him. He did not absolve Meissenn, branding him as a “brazen criminal” who became wealthy by “ripping people off.” Meyer also pointed to the health issues that burdened the “staggering number of victims” of Meissenn’s pump and dump scam.\nAnd then, Meyer embraced the argument for leniency.\n“The victims come to court and say they want justice done and don’t even care about the how,” Meyer said. “I look at your case, and I have to wonder whether some providential force — I’m sure this has crossed your mind many times — has essentially decided to send you something much worse than this court could ever do.\n“I believe you should serve some prison time,” Meyer added, “but I don’t believe it should be so much you don’t see your children again.”\nMeyer sentenced Meissenn to three months in prison followed by three years of supervised release under house arrest in the comfort of his Suffield, Connecticut, residence. He also ordered Meissenn to pay restitution of $5.3 million to the victims and $1.5 million to the IRS for unpaid taxes, although he acknowledged it was unlikely Meissenn would ever be able to fulfill that requirement.\nMeissenn entered prison in January 2019 and was out in April 2019. In comparison, two of Meissenn’s collaborators each received prison terms of six years months while two others received seven-year sentences. The two attorneys involved in the scam each received three-year sentences.\nDenouement: While Meissenn apologized for his actions during his sentencing, his life outside of his brief stretch behind bars was remarkably free from remorse.\nMeissenn said he authored the autobiographical “Raised By Wolves” and offered graphic novel illustrative glimpses of his story on Instagram of its content. He also claimed a film version was in the works starring Danny Aiello, but there is no evidence that the Oscar-nominated actor was ever attached to this project. Aiello died in December 2019 and Meissenn ceased trumpeting a film production after he passed away.\nMeissenn started a website called Humor the Tumor to find a light spot in chemotherapy treatment but abandoned it after a few dismal attempts at levity. He filled his Instagram page with scatological angry memes and photographs of himself with his hair growing to flowing lengths — in one video post, he blamed chemotherapy for hair loss and then credited it for allowing his tresses to return with a vengeance.\nOne Instagram image from September 2020 showed Meissenn’s hand on the steering wheel of his Lincoln Town Car. Meissenn was driving that vehicle on Aug. 16, 2021, when he was killed in a multiple-vehicle crash on I-95 in lower Connecticut. He was 49 years old at the time of his death and roughly 80 miles away from where he was supposed to have been under house arrest.\nIn the month before his court sentencing, Meissenn posted a photograph of himself on Instagram lying on a pillow featuring the message “People are f**king scumbags” while holding up a book titled “How to Be Your Own Best Friend.” Perhaps this photo encapsulated everything that was wrong with Meissenn — the pillow’s contemptuous message was mirrored in the venality of his stock swindles, and the book he displayed offered cruel evidence that he stupidly self-identified as his own best friend when, in reality, he was really his own worst enemy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":821763694,"gmtCreate":1633792159790,"gmtModify":1633792159994,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/821763694","repostId":"2174192219","repostType":4,"repost":{"id":"2174192219","pubTimestamp":1633762500,"share":"https://www.laohu8.com/m/news/2174192219?lang=&edition=full","pubTime":"2021-10-09 14:55","market":"us","language":"en","title":"Tesla's Brandenburg factory becomes festival site for 'Giga-Fest'","url":"https://stock-news.laohu8.com/highlight/detail?id=2174192219","media":"StreetInsider","summary":"BERLIN (Reuters) - From flashing lights and booming speakers to sprawling stages and a Ferris wheel,","content":"<p>BERLIN (Reuters) - From flashing lights and booming speakers to sprawling stages and a Ferris wheel, Tesla's factory near Berlin has been transformed into a festival site for a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-day county fair on Saturday, hosted by CEO Elon Musk.</p>\n<p>The fair, expected to attract tens of thousands of visitors with Brandenburg locals given priority, will start at 10am and bands and DJs will \"keep the party going\" late into the night, according to the official event website.</p>\n<p>Musk is hoping to get the green light to start production at the site in coming weeks, which at its peak will produce 500,000 battery-electric vehicles (BEVs) a year - more than double Germany's BEV production in 2020.</p>\n<p>The company has also submitted plans to invest 5 billion euros ($5.8 billion) in a battery plant with 50 GWh capacity next to the site, outstripping Volkswagen's planned 40GWh capacity site in Salzgitter.</p>\n<p>While Tesla has repeatedly reminded critics that the site will bring Germany significantly closer to achieving its e-mobility goals, some locals and environmental groups are unhappy with the American CEO's disruptive approach which they say flies in the face of German business culture.</p>\n<p>The latest consultation of public concerns towards the site closes on October 14, after which the environmental ministry will decide whether to reject or approve it. Brandenburg's economy minister has pinned chances of approval at 95%.</p>\n<p>Drone footage published on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> in the 24 hours before the fair was due to start showed preparations were well under way, with sound checks of booming techno beats, lighting tests and festival tents set up next to rows of Tesla cars.</p>\n<p>Tesla received approval from local authorities to have 9,000 people on site at a time despite pandemic-related curbs limiting large gatherings to 5,000, after it presented a plan for how it would keep the event COVID safe, authorities said.</p>\n<p>Attendees were given a time-slot for a 1.5-hour tour of the factory, and must provide proof of a negative COVID-test, vaccination or recovery, according to the entry ticket.</p>\n<p>\"We invite you to discover our factory from along our production lines. You'll have the chance to see how tons of raw metal are melted, pressed and put together to build our Model Y,\" the ticket reads.</p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla's Brandenburg factory becomes festival site for 'Giga-Fest'</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\">\nTesla's Brandenburg factory becomes festival site for 'Giga-Fest'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-09 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19043591><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BERLIN (Reuters) - From flashing lights and booming speakers to sprawling stages and a Ferris wheel, Tesla's factory near Berlin has been transformed into a festival site for a one-day county fair on ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19043591\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19043591","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2174192219","content_text":"BERLIN (Reuters) - From flashing lights and booming speakers to sprawling stages and a Ferris wheel, Tesla's factory near Berlin has been transformed into a festival site for a one-day county fair on Saturday, hosted by CEO Elon Musk.\nThe fair, expected to attract tens of thousands of visitors with Brandenburg locals given priority, will start at 10am and bands and DJs will \"keep the party going\" late into the night, according to the official event website.\nMusk is hoping to get the green light to start production at the site in coming weeks, which at its peak will produce 500,000 battery-electric vehicles (BEVs) a year - more than double Germany's BEV production in 2020.\nThe company has also submitted plans to invest 5 billion euros ($5.8 billion) in a battery plant with 50 GWh capacity next to the site, outstripping Volkswagen's planned 40GWh capacity site in Salzgitter.\nWhile Tesla has repeatedly reminded critics that the site will bring Germany significantly closer to achieving its e-mobility goals, some locals and environmental groups are unhappy with the American CEO's disruptive approach which they say flies in the face of German business culture.\nThe latest consultation of public concerns towards the site closes on October 14, after which the environmental ministry will decide whether to reject or approve it. Brandenburg's economy minister has pinned chances of approval at 95%.\nDrone footage published on Twitter in the 24 hours before the fair was due to start showed preparations were well under way, with sound checks of booming techno beats, lighting tests and festival tents set up next to rows of Tesla cars.\nTesla received approval from local authorities to have 9,000 people on site at a time despite pandemic-related curbs limiting large gatherings to 5,000, after it presented a plan for how it would keep the event COVID safe, authorities said.\nAttendees were given a time-slot for a 1.5-hour tour of the factory, and must provide proof of a negative COVID-test, vaccination or recovery, according to the entry ticket.\n\"We invite you to discover our factory from along our production lines. You'll have the chance to see how tons of raw metal are melted, pressed and put together to build our Model Y,\" the ticket reads.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":864113180,"gmtCreate":1633071178499,"gmtModify":1633071190341,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/864113180","repostId":"2172951249","repostType":4,"repost":{"id":"2172951249","pubTimestamp":1633063493,"share":"https://www.laohu8.com/m/news/2172951249?lang=&edition=full","pubTime":"2021-10-01 12:44","market":"us","language":"en","title":"Billionaire Bill Ackman is smoking 'mentor' Warren Buffett with these income stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2172951249","media":"MoneyWise","summary":"Dividend stocks might look boring, but they can provide exciting returns.\nJust ask famed activist in","content":"<p><img src=\"https://static.tigerbbs.com/968262da7f9e673173261c3b2753bbcd\" tg-width=\"1800\" tg-height=\"800\" referrerpolicy=\"no-referrer\"></p>\n<p>Dividend stocks might look boring, but they can provide exciting returns.</p>\n<p>Just ask famed activist investor and self-proclaimed Warren Buffett acolyte Bill Ackman.</p>\n<p>His hedge fund Pershing Square Holdings has delivered annualized total returns of more than 30% over the last three years, substantially outperforming the S&amp;P 500 and even Buffett’s own Berkshire Hathaway.</p>\n<p>And he did it largely by owning dividend stocks.</p>\n<p>According to Pershing’s latest 13F filing with the Securities Exchange Commission, nearly 60% of its holdings by market value are invested in dividend stocks.</p>\n<p>Let’s take a look at three stocks in Ackman’s portfolio that regulary dish out cash to investors — <a href=\"https://laohu8.com/S/AONE.U\">one</a> of them could be worth buying with your spare change.</p>\n<h2><a href=\"https://laohu8.com/S/QSR\">Restaurant Brands International Inc</a> (QSR)</h2>\n<p><img src=\"https://static.tigerbbs.com/ab0e3bda7c2635779ea2e4385b71b4f5\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Tony Prato/Shutterstock</p>\n<p>Leading off the list is Restaurant Brands International, a fast-food holding company formed in 2014 by the merger between Burger King and Canadian coffee chain <a href=\"https://laohu8.com/S/THI\">Tim Hortons</a>.</p>\n<p>In 2017, the company added Popeyes Louisiana Kitchen to its portfolio.</p>\n<p>Like most restaurant stocks, Restaurant Brands shares tumbled during the pandemic-induced market sell-off in early 2020. But the stock has since made a strong recovery.</p>\n<p>That rebound is backed by substantial improvements in the company’s business. According to the latest earnings report, same-store sales — a key measure of a retailer’s health — increased 27.6%.</p>\n<p>Adjusted earnings came in at $0.77 per share for the quarter, more than double the $0.33 per share it earned in the year-ago period. The amount also covered the company’s quarterly dividend payment of $0.53 per share with ease.</p>\n<p>Restaurant Brands is offering a healthy annual dividend yield of 3.4%, which is a return investors can earn even if they're investing with spare nickels and dimes.</p>\n<p>For comparison, that’s a higher yield than fast-food restaurant giants McDonald’s (2.26%), Starbucks (1.6%), and Yum! Brands (1.6%).</p>\n<h2>Lowe’s Companies Inc (LOW)</h2>\n<p><img src=\"https://static.tigerbbs.com/9156dee5d6fe15d87a22b5b32ec030c4\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Ken Wolter/Shutterstock</p>\n<p>Lowe’s is Bill Ackman’s largest holding by market value, and the position has served the billionaire investor quite well.</p>\n<p>Shares of the home improvement retail giant are up 29% year to date. The S&amp;P 500 has returned 16% over the same period.</p>\n<p>What’s more impressive than Lowe’s near-term stock price performance is how the company’s dividend has grown over the years.</p>\n<p>The economy moves in cycles, but Lowe’s payout has only gone up. In fact, the company has increased its payout to shareholders every year for the past 59 years.</p>\n<p>Decades of dividend hikes has brought Lowe’s quarterly dividend to $0.80 per share, translating to an annual yield of 1.5%.</p>\n<p>Note that its competitors are also dividend-paying companies: Home Depot yields 2.0%, Target pays 1.5%, while Walmart offers an annual yield of 1.6%.</p>\n<p>Due to Lowe’s rally over the past year, its shares now trade at over $200. But you can get a piece of the company using a popular stock trading app that allows you to buy fractions of shares with as much money as you’re willing to spend.</p>\n<h2>Agilent Technologies Inc (A)</h2>\n<p><img src=\"https://static.tigerbbs.com/bb79764fc5df837d32b32e674c6d4ec9\" tg-width=\"1200\" tg-height=\"500\" referrerpolicy=\"no-referrer\">Elnur/Shutterstock</p>\n<p>Agilent isn’t a household name, but within its own industry, the company is a force to be reckoned with.</p>\n<p>Agilent provides bio-analyitical and electronic measurement solutions to a wide variety of industries including communications, life sciences, and chemical analysis.</p>\n<p>Headquartered in Santa Clara, Calif., the company’s products are used by 265,000 labs around the world. In Agilent’s fiscal 2020, it brought in $5.34 billion of total revenue.</p>\n<p>And in the most recent quarter, revenue grew 26% year-over-year to $1.59 billion.</p>\n<p>Given this kind of performance, you’d think Agilent shares would be soaring. But while the stock has returned a solid 60% over the past year, it has pulled back about 10% since the peak in early September.</p>\n<p>On the dividend front, Agilent offers an annual yield of 0.5%, which may not seem like much. But the company has an excellent track record when it comes to returning cash to investors: Since 2014, Agilent’s per share quarterly payout has increased by 106%.</p>\n<h2>Rental income stream?</h2>\n<p>The neat thing with dividend stocks is that they provide a way for investors to earn a steady income stream regardless of what the economy is doing.</p>\n<p>Of course, you don’t have to limit yourself to the stock market to do that.</p>\n<p>For instance, one investing service makes it possible to lock in a steady rental income stream by investing in premium real estate properties — from commercial developments in LA to residential buildings in NYC.</p>\n<p>You’ll gain exposure to high-end properties that big-time real estate moguls usually have access to, and you’ll receive regular payouts in the form of quarterly dividend distributions.</p>\n<p><i>This article provides information only and should not be construed as advice. It is provided without warranty of any kind.</i></p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Billionaire Bill Ackman is smoking 'mentor' Warren Buffett with these income stocks</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\">\nBillionaire Bill Ackman is smoking 'mentor' Warren Buffett with these income stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-01 12:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/billionaire-bill-ackman-smoking-mentor-201900070.html><strong>MoneyWise</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Dividend stocks might look boring, but they can provide exciting returns.\nJust ask famed activist investor and self-proclaimed Warren Buffett acolyte Bill Ackman.\nHis hedge fund Pershing Square ...</p>\n\n<a href=\"https://finance.yahoo.com/news/billionaire-bill-ackman-smoking-mentor-201900070.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LOW":"劳氏","WMT":"沃尔玛","TGT":"塔吉特","A":"安捷伦科技","MCD":"麦当劳","SBUX":"星巴克","YUM":"百胜餐饮集团","HD":"家得宝","QSR":"餐饮品牌国际"},"source_url":"https://finance.yahoo.com/news/billionaire-bill-ackman-smoking-mentor-201900070.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2172951249","content_text":"Dividend stocks might look boring, but they can provide exciting returns.\nJust ask famed activist investor and self-proclaimed Warren Buffett acolyte Bill Ackman.\nHis hedge fund Pershing Square Holdings has delivered annualized total returns of more than 30% over the last three years, substantially outperforming the S&P 500 and even Buffett’s own Berkshire Hathaway.\nAnd he did it largely by owning dividend stocks.\nAccording to Pershing’s latest 13F filing with the Securities Exchange Commission, nearly 60% of its holdings by market value are invested in dividend stocks.\nLet’s take a look at three stocks in Ackman’s portfolio that regulary dish out cash to investors — one of them could be worth buying with your spare change.\nRestaurant Brands International Inc (QSR)\nTony Prato/Shutterstock\nLeading off the list is Restaurant Brands International, a fast-food holding company formed in 2014 by the merger between Burger King and Canadian coffee chain Tim Hortons.\nIn 2017, the company added Popeyes Louisiana Kitchen to its portfolio.\nLike most restaurant stocks, Restaurant Brands shares tumbled during the pandemic-induced market sell-off in early 2020. But the stock has since made a strong recovery.\nThat rebound is backed by substantial improvements in the company’s business. According to the latest earnings report, same-store sales — a key measure of a retailer’s health — increased 27.6%.\nAdjusted earnings came in at $0.77 per share for the quarter, more than double the $0.33 per share it earned in the year-ago period. The amount also covered the company’s quarterly dividend payment of $0.53 per share with ease.\nRestaurant Brands is offering a healthy annual dividend yield of 3.4%, which is a return investors can earn even if they're investing with spare nickels and dimes.\nFor comparison, that’s a higher yield than fast-food restaurant giants McDonald’s (2.26%), Starbucks (1.6%), and Yum! Brands (1.6%).\nLowe’s Companies Inc (LOW)\nKen Wolter/Shutterstock\nLowe’s is Bill Ackman’s largest holding by market value, and the position has served the billionaire investor quite well.\nShares of the home improvement retail giant are up 29% year to date. The S&P 500 has returned 16% over the same period.\nWhat’s more impressive than Lowe’s near-term stock price performance is how the company’s dividend has grown over the years.\nThe economy moves in cycles, but Lowe’s payout has only gone up. In fact, the company has increased its payout to shareholders every year for the past 59 years.\nDecades of dividend hikes has brought Lowe’s quarterly dividend to $0.80 per share, translating to an annual yield of 1.5%.\nNote that its competitors are also dividend-paying companies: Home Depot yields 2.0%, Target pays 1.5%, while Walmart offers an annual yield of 1.6%.\nDue to Lowe’s rally over the past year, its shares now trade at over $200. But you can get a piece of the company using a popular stock trading app that allows you to buy fractions of shares with as much money as you’re willing to spend.\nAgilent Technologies Inc (A)\nElnur/Shutterstock\nAgilent isn’t a household name, but within its own industry, the company is a force to be reckoned with.\nAgilent provides bio-analyitical and electronic measurement solutions to a wide variety of industries including communications, life sciences, and chemical analysis.\nHeadquartered in Santa Clara, Calif., the company’s products are used by 265,000 labs around the world. In Agilent’s fiscal 2020, it brought in $5.34 billion of total revenue.\nAnd in the most recent quarter, revenue grew 26% year-over-year to $1.59 billion.\nGiven this kind of performance, you’d think Agilent shares would be soaring. But while the stock has returned a solid 60% over the past year, it has pulled back about 10% since the peak in early September.\nOn the dividend front, Agilent offers an annual yield of 0.5%, which may not seem like much. But the company has an excellent track record when it comes to returning cash to investors: Since 2014, Agilent’s per share quarterly payout has increased by 106%.\nRental income stream?\nThe neat thing with dividend stocks is that they provide a way for investors to earn a steady income stream regardless of what the economy is doing.\nOf course, you don’t have to limit yourself to the stock market to do that.\nFor instance, one investing service makes it possible to lock in a steady rental income stream by investing in premium real estate properties — from commercial developments in LA to residential buildings in NYC.\nYou’ll gain exposure to high-end properties that big-time real estate moguls usually have access to, and you’ll receive regular payouts in the form of quarterly dividend distributions.\nThis article provides information only and should not be construed as advice. It is provided without warranty of any kind.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":607996353,"gmtCreate":1639469212820,"gmtModify":1639469213401,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/607996353","repostId":"1101780765","repostType":4,"repost":{"id":"1101780765","pubTimestamp":1639467407,"share":"https://www.laohu8.com/m/news/1101780765?lang=&edition=full","pubTime":"2021-12-14 15:36","market":"us","language":"en","title":"Why Microsoft Stock Is The Ultimate Buy And Hold","url":"https://stock-news.laohu8.com/highlight/detail?id=1101780765","media":"Seeking Alpha","summary":"Summary\n\nMicrosoft offers various products over three different divisions, many of which exhibit inc","content":"<p><b>Summary</b></p>\n<ul>\n <li>Microsoft offers various products over three different divisions, many of which exhibit incredibly strong moats and subsequently dominate their respective markets.</li>\n <li>Microsoft enjoys incredibly strong operating efficiencies and is able to monetize its products at a level far above its peers.</li>\n <li>Microsoft has an incredibly strong capital position, with top bond ratings from Moody’s and Standard &amp; Poor’s.</li>\n <li>Microsoft maintains low risk, outperformed during the recent COVID crash, and has consequently outperformed the broader market by a wide margin over the last two years.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd13176456827fe134fc15a4ce7b3d61\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>HJBC/iStock Editorial via Getty Images</span></p>\n<p>In an era where tech stocks have dominated the public markets, Microsoft's (MSFT) success has been nothing short of extraordinary. The two and a half trillion dollar company falls second only to Apple (AAPL) in outright value. Yet, for as long as there are successful companies, there will be doubters warning of certain demise. The constant cries, \"It's here! Get out while you can!\" ring out until, eventually, the nihilistic army is right. The tech giants are often a focus of much of the skeptics' ire, as it can be pretty hard to justify that a company, such as Microsoft, can truly be worth more than 96.4% of countries in the world&nbsp;by GDP. This article will offer a logical breakdown of how Microsoft has earned its valuation and why there may even still be some room to go.</p>\n<p><b>Corporate Summary</b></p>\n<p>Microsoft, founded in 1975, was created to provide operating solutions for some of the world's first commercial microcomputers and, specifically, for the Altair 8800. Currently, Microsoft has its software operating&nbsp;74.27%&nbsp;of all laptops and desktop computers in the world. Unquestionably, this is far beyond any ambitions that Bill Gates and Paul Allen held when the company was first created. A portmanteau of microcomputer software, Microsoft is still heavily grounded in its roots in software engineering, though it's now grown to become so much more.</p>\n<p>Microsoft breaks its operations down into three segments, Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. All three of these segments rely on Microsoft's industry-leading software, though all three also contain far more. Within&nbsp;Productivity and Business Processes, Microsoft operates its Office 365 suite of products, which include Word, PowerPoint, Excel, etc., and is geared towards both commercial and consumer markets. Microsoft also includes LinkedIn, the popular networking social media site, and Dynamics 365, a customer relationship management (\"CRM\") service, in this division.</p>\n<p>This sector contains the products with perhaps the widest competitive moats of any in the company's arsenal. Sure, LinkedIn doesn't exactly have as many users as Facebook (FB) or Twitter (TWTR), but it exists in a completely different space. There's no other online platform in which people can congregate in a professional setting. The niche in which LinkedIn occupies allows it to be the default service for its specific application, and is still only&nbsp;86 million active users&nbsp;behind&nbsp;Twitter's 396 million active users&nbsp;even though the latter's platform is far more open-ended.</p>\n<p>Office 365 offers some of the most iconic computer programs in the world. Especially in the business field, the Office 365 suite is<i>the</i>standard for spreadsheets, presentations, and word documents. Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Cloud, formerly the G Suite, has made significant headroom in recent years but, when it comes to paid users,Office still dominates. While Google had about six million paying users last year, Microsoft had about 258 million. Dynamics 365 is the clear outlier here, as it's not exactly at the top of its field. No, that title belongs to Salesforce (CRM), which controls 19.5% of&nbsp;the CRM market. Dynamics 365 has a far more modest 4%, just .8% behind second-place SAP (SAP).</p>\n<p>Microsoft's Intelligent Cloud division&nbsp;has been its fastest-growing sector over the last few years, led by its cloud computing service, Azure. Azure's revenue grew by 50% over last year, and is grouped into the subcategory of 'server products and cloud services.' Server product revenue grew by just 6%, while enterprise services revenue grew by 8% since last year. Thus, the Intelligent Cloud division's 24% growth in revenue is driven almost entirely from Azure, which looks poised to continue its rapid expansion.</p>\n<p>Most of this growth comes naturally, as the cloud computing market experiences some fairly intense growth. Currently valued at $445.3 billion, the market&nbsp;is expected&nbsp;to grow at a CAGR of 16.3% through 2026, reaching a value of $947.3 billion by 2026. Though Amazon Web Services (\"AWS\") (AMZN) continues to lead the sector, Azure is starting to draw nearer. In 2019,AWS held 44.6%&nbsp;of the cloud computing market. As of the first quarter of this year,it held 32%. This is still 12% ahead of second-place Azure, which itself is 11% ahead of the next closest competitor. The cloud computing market seems to be mostly a two-horse race, with Microsoft fighting to claw back Amazon's early lead. Perhaps&nbsp;the recent AWS outage&nbsp;could help Microsoft gain further momentum in this fight.</p>\n<p>More Personal Computing&nbsp;is the division where the vast majority of Microsoft's direct relationship with consumers is built. Of course, the products themselves are important in the sense that they generate sales for the company, but this is also where Microsoft grows its brand. Azure is an incredibly important component of Microsoft's future, but when people boot up their computer to watch Netflix (NFLX), they're not exactly thinking about AWS.</p>\n<p>Within this division, Microsoft breaks down its operations into four subcategories. Windows is the descendant of that first system developed for the Altair 8800 and is the largest component of Microsoft's Personal Computing division&nbsp;by sales. As far as the public's perception of Microsoft is concerned, the Windows operating system (\"OS\") is perhaps the most important component of Microsoft's business. Gaming is another strong component of Microsoft's Personal Computing division. Strong growth for the sector was driven by&nbsp;the rather successful launch&nbsp;of new gaming hardware in the Xbox Series X|S. The other two categories within this sector are search advertising, primarily from search engine Bing and web browser Microsoft Edge, and Surface devices.</p>\n<p>Windows OS dominates&nbsp;the global computing market, as the operating system for 87.56% of laptops and desktops in the world. Apple's (AAPL) Mac OS comes up second, with 9.54% of the global market share. When it comes to moats and absolute market domination, you'd be hard-pressed to find a better example than Windows. Gaming is a bit of a different story.</p>\n<p>Sony's (SONY) PlayStation 5 (\"PS5\") is the direct competitor to Microsoft's Xbox. While the Nintendo (OTCPK:NTDOY) Switch is another popular gaming console, it doesn't really compete against Xbox or PlayStation. The Switch offers a unique experience, exemplified by the fact that&nbsp;71% of Switch owners also own another console. Despite the launch of new generation Xbox consoles being the \"most successful in [Microsoft's] history,\"PS5 sales have yet again toppled Xbox sales, outselling Microsoft by 67.5%. Though, even as the runner up, as a leader in a rapidly growing gaming industry, there's plenty for Microsoft to look forward to.</p>\n<p>The Surface lineup is still fairly young, though it seems to have settled into a&nbsp;3% market share. While the company continues to try to improve the lineup with more diverse offerings and improved hardware, the Surface lineup likely won't become a major component of Microsoft's business in the near future. Bing and Microsoft Edge are clear losers to Google Chrome and Google. Unlike the gaming industry, there isn't really much to be had as one of the leaders. Google Chrome dominates&nbsp;the web browser field, with 65.27% of all internet traffic. Microsoft Edge has just 3.4%, in third place behind Safari's 18.34%. Google dominates&nbsp;the search engine field&nbsp;even more, with 92.6% of all traffic. Bing is second, with just 2.3%. Really, Microsoft is just left picking up the scraps of Google and these two services aren't really some of Microsoft's finest.</p>\n<p><b>Financials Analysis</b></p>\n<p>It is important to note Microsoft's financial reporting schedule here. Microsoft's fiscal year ends June 30th, meaning that the discussion of 'past year' financials will refer to the period starting July 1st, 2020 to June 30th, 2021, otherwise known as&nbsp;FY2021, unless specifically noted. Examining the company's segment information provides the most intimate understanding of Microsoft's operations. This breakdown demonstrates that server products and cloud services is Microsoft's largest subsector, by revenue, followed by Office products and Windows.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b11977a676b14d557dd3f28130d8cc6a\" tg-width=\"1132\" tg-height=\"274\" width=\"100%\" height=\"auto\"><span>Source: Microsoft</span></p>\n<p>LinkedIn is another valuable component to the Microsoft story. Because of its professional focus, it is far more monetizable than most social media platforms. Let's go back to the earlier comparison with Twitter to highlight this. Despite having 22% less active users than Twitter, LinkedIn generates 177% more revenue (Twitter's&nbsp;$3.716 billion&nbsp;versus LinkedIn's $10.289 billion). Another way to view this, is that Twitter makes about $9.38 per user while LinkedIn makes $33.19 per user. This is a staggering difference, though I suppose it's fitting that the social media site centered around business is the best at conducting it.</p>\n<p>LinkedIn isn't the only operation where Microsoft seems to have mastered the art of monetization. Microsoft's Office suite brought in about $39.872 billion over FY2021. While Microsoft doesn't disclose the product's operating margin, Productivity and Business Processes operates at a 45.17% margin and Office represents 73.95% of the division's sales, so it's safe to assume that it's around there. Google's G suite brought in $13.059 billion in&nbsp;sales during FY2020, though operated at an overall loss of $5.607 billion.</p>\n<p>Microsoft's recent growth has been rather impressive. The company took revenue from $143.051 billion in 2020 up to $168.088 billion in 2021, or +17.5%, while the cost of revenue only increased 13.36% in the same period. Net Income rose from $44.281 billion in 2019 to $61.271 billion in 2020, or 38.37%, far outpacing the rate of growth of revenues. This healthy growth, seeing revenue outpace expenses, means that Microsoft is not only increasing its sales but also its operating efficiency. The graph below demonstrates Microsoft's strong operating margin growth, especially since 2015, and operating margin now the highest it's been in those ten years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af52c96587103f7ac9b6cb9f8f820c2a\" tg-width=\"480\" tg-height=\"289\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p>Microsoft has also experienced a period of fairly strong liquidity, as seen by the figure below. Inventories are fairly low for the company, representing only $2.636 billion of Microsoft's $1084.406 billion in current assets, as its Surface laptops and Xbox gaming consoles are really the only physical products that Microsoft sells. This helps keep the company's quick ratio high, which hasn't dipped below 1.9 in the past ten years. Thus, despite holding $191.791 billion in total liabilities, Microsoft is highly capable of fulfilling any debt obligations.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3a59c6bf53d0d99d7abbe13e66c009\" tg-width=\"481\" tg-height=\"289\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p>Speaking of its ability to fulfill its debt obligations,Microsoft currently holds&nbsp;a AAA rating from Standard &amp; Poor's and an Aaa rating from Moody's. Both of these are the top of the respective firms' grading scale and reflect the company's incredible debt management. Beginning with Microsoft's ability to make good on its interest payments, the company's current interest coverage ratio of 29.8 is the highest it's been since 2014. With the company's operations able to generate enough money to cover interest payments almost 30 times over, there is incredibly little risk of Microsoft defaulting on interest payments. What's really rather astounding, is the company's market debt ratio. Debt makes up just 4% of the company's total market value, meaning Microsoft could easily cover all liabilities by raising new equity without significant dilution to shareholders. Though, as the company's financial health continues to simply improve, the only criticism here is that perhaps Microsoft could take on some more leverage to increase its return to shareholders. Though, it's not as if the company is really in a position where it needs to raise capital.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9ec9d1087f0b8b7f2aa308ae9b718dba\" tg-width=\"832\" tg-height=\"295\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p>Looking towards Microsoft's retained earnings, the company bought back $21.879 billion worth of shares last year. The company also paid out $16.871 billion in its quarterly dividend of $.56 per share. Even still, Microsoft saw its retained earnings increase from $34.566 billion in FY2020 to $57.055 billion this past year on account of its $61.271 billion in net income. In response, the Board&nbsp;has approved&nbsp;a $60 billion share buyback program and increased its quarterly dividend payout by 11%. While debt might be able to increase shareholder rewards even more, it isn't something that is necessarily advisable.</p>\n<p>In Microsoft's cash flows, investing activities contributed to a $27.577 billion loss, a $125.62% increase over last year. This primarily came from larger investments in property and equipment, as well as the acquisition of companies, net of cash acquired, and purchase of intangible assets. This use of capital is good to see, as Microsoft has plenty of it to spend and, while buybacks and dividends are nice, growing the business is always the top priority.</p>\n<p><b>Thesis Risks</b></p>\n<p>When examining the greatest macro threats to Microsoft's operations, antitrust suits are always a potential danger. Back in 2001, Microsoft had to settle&nbsp;a suit&nbsp;with the Department of Justice (\"DOJ\") after it was sued for allegedly violating the Sherman Antitrust Act with its acquisition and integration of Internet Explorer into Windows. While the initial verdict would have seen Microsoft split its business into two separate units, Windows and other software components, the settlement ended up being&nbsp;largely inconsequential.</p>\n<p>Yet, after&nbsp;Google,Facebook, and&nbsp;Amazon&nbsp;all faced new antitrust cases in 2021, and Apple&nbsp;lost some control over the App Store&nbsp;over monopolistic practices and&nbsp;reportedly&nbsp;has an antitrust suit from the DOJ looming, Microsoft remains untouched. The reason for this may be rather simple. While the company didn't exactly go through a period of extreme reformation after its high-profile antitrust case some 20 years ago, it hasn't gotten any more abusive. Perhaps they even learned from it, as Brad Smith, President of Microsoft,said&nbsp;\"When I look back at it from Microsoft's perspective, it did mean many things, but I also think when I try to prioritize it in my own mind, it meant one thing more than any other: It was a part of the maturing of Microsoft.\" Perhaps this maturity has allowed Microsoft to play nice from then on, succeeding and succeeding fairly.</p>\n<p>Size alone is not cause for an antitrust suit, as people aren't exactly clamoring to bring down Walmart (WMT). For antitrust suits to be launched, competitors must be disgruntled. Microsoft hasn't really had any,except Slack, which means that there isn't really anything to launch an antitrust case on. The case with Slack is reminiscent of the 2001 case, as they argue against the integration of Microsoft Teams in Windows OS as an unfair advantage.</p>\n<p>Regardless, it doesn't seem that Microsoft carries the same ire as its tech peers. John Lopatka, an antitrust expert and professor at Penn State,said&nbsp;of the matter \"Microsoft simply may be maintaining its market share by being a good competitor.\" Herbert Hovenkamp, a professor at the University of the Pennsylvania Law School and antitrust expert, added to this idea, saying \"You have got to identify some product where there is both dominance and an exclusionary practice and it's kind of hard to find one [with Microsoft]. That's, I think, the bottom line.\" With this in mind, I'm not sure that investors have too much to worry on the legal front.</p>\n<p>Other risks that Microsoft faces include increasing competitive threats and lackluster returns from new investments. One example of such a failure may be the Surface lineup. While it may be a bit harsh to call the product a failure, the device has been a source of&nbsp;disappointmentsince its release in 2013. Though the company can't grow without taking some risks and Azure represents a highly successful implementation of a newer sector.</p>\n<p>Beyond the greater macro threats to Microsoft's valuation, it is also important to consider the general market riskiness of Microsoft's stock. With a beta of .98 for the past 52 weeks,according to FactSet, Microsoft trades incredibly closely to the broader market and does not exhibit abnormally high volatility. For risk-averse traders, this is a rather comforting sign. Even during the COVID pandemic, shares of Microsoft slipped by only around 25%, again demonstrating the ability for the company to mitigate periods of extreme volatility. Such outperformance during otherwise bleak periods is part of what makes Microsoft&nbsp;a favorite among hedge funds.</p>\n<p>Microsoft's beta of .98 also makes the current cost of raising funds via equity 5.8%, again using data from FactSet. The cost of financing via debt is just 1.63%, though only 2.05% of Microsoft's capital is raised from debt. Keeping in mind the earlier discussion regarding the company's debt management, it does seem a bit strange that the company doesn't utilize debt a bit more given how strong its cash position is. Though, 5.8% still isn't terribly extreme.</p>\n<p><b>Valuation Discussion</b></p>\n<p>When looking at how to value the company, with its hands in so many different pockets, examining a relative P/S ratio is a good place to start. Because Microsoft doesn't disclose the income of its various products, price to sales is the only way to provide an accurate comparison of Microsoft and its peers. To create a fair benchmark, Microsoft first must be broken down into its revenue by sector, or product. The figure below does exactly that.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cab8a591c6c50358e5dc010e6bfdad74\" tg-width=\"465\" tg-height=\"250\" width=\"100%\" height=\"auto\"><span>Source: Author's Creation Using Data From Microsoft</span></p>\n<p>Going by category, the current P/S ratio of the computer processing and cloud services industry&nbsp;is currently 5.11. Office products and cloud services doesn't exactly have a distinct industry to be lumped into, as it dominates its own sector, so I combined it with Windows in the software and programming industry, which currently has a P/S ratio&nbsp;of 10.82. Gaming doesn't seem to have a publicly-available P/S ratio, so I used&nbsp;this list&nbsp;of the top 25 gaming companies by revenue to find it myself, discounting companies that don't conduct the vast majority of their business in gaming. I found the average P/S ratio to be 4.41.</p>\n<p>The internet services and social media industry currently has&nbsp;a P/S ratio of 8.37, which I also included Search Advertising in for a similar reason to office products and cloud services - Google dominates the market. Professional services companies currently trade at&nbsp;a P/S of 4.99, which I ascribed to enterprise services. I categorized devices as consumer electronics, which currently trades ata&nbsp; P/S of 5.29. For other, I simply used the P/S of the average S&amp;P 500 company,which is 3.12. Microsoft's P/S ratio, for the trailing twelve months,is 14.3. Compared to the sector weighted average P/S ratio of 7.5, Microsoft appears to be a bit overvalued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/738ac5e9cda36a37c60861ae77d8ede4\" tg-width=\"696\" tg-height=\"334\" width=\"100%\" height=\"auto\"><span>Source: Author's Creation Using Above Information</span></p>\n<p>Even before calculating the weighted average P/S, it's pretty clear that Microsoft's is going to be higher. After all, not a single sector has a higher average P/S than Microsoft. Though, revenue doesn't really tell the full story of the company. P/S fails to take into account operating efficiencies, which is one of Microsoft's greatest strengths.</p>\n<p>This idea of Microsoft's superior monetization strategies was discussed earlier, as was the company's steadily increasing operating margin. The company's strong performance on these two key metrics means that it is more effective with its sales than its peers, thus justifying a higher P/S ratio. As such, I look at this high P/S more as a testament to the company's incredible operating efficiencies, rather than the company, perhaps, being overvalued.</p>\n<p>As Microsoft continues to extend its operating efficiencies, especially as lower-margin products like the Surface lineup represent a smaller portion of the company's overall sales due to growth in other areas, its lead over peers will only grow. Gaming is a prime example of this. In the new digital era, subscriptions have emerged as the superior form of monetization, hence Microsoft released the Xbox game pass in 2017. Currently,it is rumored&nbsp;that Microsoft now has between 25 million and 30 million game pass subscribers, up from&nbsp;18 million as of January. Examples such as this demonstrate the firm's ability to continue to improve its efficiencies, even as it outperforms peers.</p>\n<p>The other component to consider, when looking at price multiples, is that a high multiple also may simply indicate that the market is expecting high growth. With Microsoft, this is undoubtedly the case. With a consensus&nbsp;long term growth rate of 16.1%&nbsp;among the 38 analysts that cover Microsoft, the expectations have been set.</p>\n<p>Finally, while I do still believe it's a bit inappropriate to simply categorize Microsoft as a software company, it is still the most accurate single label for the tech giant. The software &amp; programming industry has an average&nbsp;P/E ratio of 40.9, which is above&nbsp;Microsoft's P/E ratio&nbsp;of 37.2 for the trailing twelve months. Interestingly, most of&nbsp;the top firms&nbsp;in the sector have a higher P/E than overall the sector average. This seems to indicate that the market views the software industry as an area of significant growth and, given Microsoft's beta of .98, it makes sense that Microsoft is viewed similarly to the rest of the sector. Though, bringing back the discussion of efficiency, remember that the software and programming industry has a P/S ratio of 10.82, below Microsoft's P/S of 14.3. Yet, Microsoft has a lower P/E than the rest of the sector due to its significantly greater efficiency.</p>\n<p>Factoring in Microsoft's growth, the company also maintains a lower PEG than the rest of the sector.According to FactSet, the company has a PEG of 2.1. Compared to the average of 2.56 for its peers, it again seems that Microsoft may actually be a bit undervalued relative to its peers. PEG takes the P/E ratio and divides it by its expected earnings growth rate, allowing growth to be clearly included in this common valuation metric. Because Microsoft also has a lower PEG than its industry peers, it stands to reason that the company's lower P/E isn't simply a result of lower growth expectations.</p>\n<p>As seen below, Microsoft's return on equity (\"ROE\") is above the vast majority of its peers, with Citrix (CTXS) included as an outlier. Because ROE is a measure of net income divided by shareholder's equity, it is effectively a measure of asset efficiency, or how much profit a company's assets are able to produce. The most important thing is that ROE surpasses the cost of raising capital which, even if done completely through equity, is more than accomplished. Microsoft's peers tend to outperform the general market in ROE, indicating a greater sector efficiency overall, though Microsoft clearly takes this efficiency beyond what is typical even for this highly-efficient sector, backing up the above theorizing regarding discrepancies between P/S and P/E. So, with a higher efficiency than the vast majority of its peers by a significant margin and an incredibly healthy capital system, there the only logical conclusion to draw from the company's relatively low P/E and PEG seems to be that it is undervalued.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2599f36cbc08b34eb02261dfb9367a5c\" tg-width=\"626\" tg-height=\"392\" width=\"100%\" height=\"auto\"><span>Source: Author's Calculations Using Data from Bloomberg Terminal</span></p>\n<p><b>Investor Takeaway</b></p>\n<p>It feels a bit strange to say that a company valued as highly as Microsoft is still undervalued, yet that seems to be the reality. Just a few years ago, the idea of a multi-trillion dollar company seemed even a bit fanciful. Yet, here lies Microsoft. A testament to the power of efficiency and responsible growth, Microsoft has earned this value by learning from past mistakes and consistently adapting to new market demands. Though, perhaps it's the company's tremendous size that makes some balk at purchasing the company, thus creating the mispricing. After all, the market will always be an emotional one.</p>\n<p>As this disclosure below notes, I'm long Microsoft. As you might be able to tell from my name, I tend to like investments with a long horizon. Microsoft is, at the moment, the company in my portfolio that I plan to hold the longest. From a long-term perspective, I struggle to see another company that offers a superior investment profile. While the company's recent beta of .98 may suggest that it doesn't outperform the market, and turn away some prospective investors that are \"seeking alpha,\" keep in mind that this is a recovering market. Since January 31, 2020, the S&amp;P 500 has returned ~45%. Over the same period, Microsoft has returned ~99%. This goes back to how well Microsoft performed during the COVID downturn relative to the rest of the market. While the rest of the market was recovering, Microsoft was just performing and, consequently, has dramatically outperformed over this longer horizon. So, the company's ability to generate consistently high returns and mitigate losses during economic hardship makes it the ultimate buy and hold.</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 Microsoft Stock Is The Ultimate Buy And Hold</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 Microsoft Stock Is The Ultimate Buy And Hold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 15:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4474761-why-microsoft-stock-ultimate-buy-hold><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nMicrosoft offers various products over three different divisions, many of which exhibit incredibly strong moats and subsequently dominate their respective markets.\nMicrosoft enjoys incredibly...</p>\n\n<a href=\"https://seekingalpha.com/article/4474761-why-microsoft-stock-ultimate-buy-hold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://seekingalpha.com/article/4474761-why-microsoft-stock-ultimate-buy-hold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101780765","content_text":"Summary\n\nMicrosoft offers various products over three different divisions, many of which exhibit incredibly strong moats and subsequently dominate their respective markets.\nMicrosoft enjoys incredibly strong operating efficiencies and is able to monetize its products at a level far above its peers.\nMicrosoft has an incredibly strong capital position, with top bond ratings from Moody’s and Standard & Poor’s.\nMicrosoft maintains low risk, outperformed during the recent COVID crash, and has consequently outperformed the broader market by a wide margin over the last two years.\n\nHJBC/iStock Editorial via Getty Images\nIn an era where tech stocks have dominated the public markets, Microsoft's (MSFT) success has been nothing short of extraordinary. The two and a half trillion dollar company falls second only to Apple (AAPL) in outright value. Yet, for as long as there are successful companies, there will be doubters warning of certain demise. The constant cries, \"It's here! Get out while you can!\" ring out until, eventually, the nihilistic army is right. The tech giants are often a focus of much of the skeptics' ire, as it can be pretty hard to justify that a company, such as Microsoft, can truly be worth more than 96.4% of countries in the world by GDP. This article will offer a logical breakdown of how Microsoft has earned its valuation and why there may even still be some room to go.\nCorporate Summary\nMicrosoft, founded in 1975, was created to provide operating solutions for some of the world's first commercial microcomputers and, specifically, for the Altair 8800. Currently, Microsoft has its software operating 74.27% of all laptops and desktop computers in the world. Unquestionably, this is far beyond any ambitions that Bill Gates and Paul Allen held when the company was first created. A portmanteau of microcomputer software, Microsoft is still heavily grounded in its roots in software engineering, though it's now grown to become so much more.\nMicrosoft breaks its operations down into three segments, Productivity and Business Processes, Intelligent Cloud, and More Personal Computing. All three of these segments rely on Microsoft's industry-leading software, though all three also contain far more. Within Productivity and Business Processes, Microsoft operates its Office 365 suite of products, which include Word, PowerPoint, Excel, etc., and is geared towards both commercial and consumer markets. Microsoft also includes LinkedIn, the popular networking social media site, and Dynamics 365, a customer relationship management (\"CRM\") service, in this division.\nThis sector contains the products with perhaps the widest competitive moats of any in the company's arsenal. Sure, LinkedIn doesn't exactly have as many users as Facebook (FB) or Twitter (TWTR), but it exists in a completely different space. There's no other online platform in which people can congregate in a professional setting. The niche in which LinkedIn occupies allows it to be the default service for its specific application, and is still only 86 million active users behind Twitter's 396 million active users even though the latter's platform is far more open-ended.\nOffice 365 offers some of the most iconic computer programs in the world. Especially in the business field, the Office 365 suite isthestandard for spreadsheets, presentations, and word documents. Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Cloud, formerly the G Suite, has made significant headroom in recent years but, when it comes to paid users,Office still dominates. While Google had about six million paying users last year, Microsoft had about 258 million. Dynamics 365 is the clear outlier here, as it's not exactly at the top of its field. No, that title belongs to Salesforce (CRM), which controls 19.5% of the CRM market. Dynamics 365 has a far more modest 4%, just .8% behind second-place SAP (SAP).\nMicrosoft's Intelligent Cloud division has been its fastest-growing sector over the last few years, led by its cloud computing service, Azure. Azure's revenue grew by 50% over last year, and is grouped into the subcategory of 'server products and cloud services.' Server product revenue grew by just 6%, while enterprise services revenue grew by 8% since last year. Thus, the Intelligent Cloud division's 24% growth in revenue is driven almost entirely from Azure, which looks poised to continue its rapid expansion.\nMost of this growth comes naturally, as the cloud computing market experiences some fairly intense growth. Currently valued at $445.3 billion, the market is expected to grow at a CAGR of 16.3% through 2026, reaching a value of $947.3 billion by 2026. Though Amazon Web Services (\"AWS\") (AMZN) continues to lead the sector, Azure is starting to draw nearer. In 2019,AWS held 44.6% of the cloud computing market. As of the first quarter of this year,it held 32%. This is still 12% ahead of second-place Azure, which itself is 11% ahead of the next closest competitor. The cloud computing market seems to be mostly a two-horse race, with Microsoft fighting to claw back Amazon's early lead. Perhaps the recent AWS outage could help Microsoft gain further momentum in this fight.\nMore Personal Computing is the division where the vast majority of Microsoft's direct relationship with consumers is built. Of course, the products themselves are important in the sense that they generate sales for the company, but this is also where Microsoft grows its brand. Azure is an incredibly important component of Microsoft's future, but when people boot up their computer to watch Netflix (NFLX), they're not exactly thinking about AWS.\nWithin this division, Microsoft breaks down its operations into four subcategories. Windows is the descendant of that first system developed for the Altair 8800 and is the largest component of Microsoft's Personal Computing division by sales. As far as the public's perception of Microsoft is concerned, the Windows operating system (\"OS\") is perhaps the most important component of Microsoft's business. Gaming is another strong component of Microsoft's Personal Computing division. Strong growth for the sector was driven by the rather successful launch of new gaming hardware in the Xbox Series X|S. The other two categories within this sector are search advertising, primarily from search engine Bing and web browser Microsoft Edge, and Surface devices.\nWindows OS dominates the global computing market, as the operating system for 87.56% of laptops and desktops in the world. Apple's (AAPL) Mac OS comes up second, with 9.54% of the global market share. When it comes to moats and absolute market domination, you'd be hard-pressed to find a better example than Windows. Gaming is a bit of a different story.\nSony's (SONY) PlayStation 5 (\"PS5\") is the direct competitor to Microsoft's Xbox. While the Nintendo (OTCPK:NTDOY) Switch is another popular gaming console, it doesn't really compete against Xbox or PlayStation. The Switch offers a unique experience, exemplified by the fact that 71% of Switch owners also own another console. Despite the launch of new generation Xbox consoles being the \"most successful in [Microsoft's] history,\"PS5 sales have yet again toppled Xbox sales, outselling Microsoft by 67.5%. Though, even as the runner up, as a leader in a rapidly growing gaming industry, there's plenty for Microsoft to look forward to.\nThe Surface lineup is still fairly young, though it seems to have settled into a 3% market share. While the company continues to try to improve the lineup with more diverse offerings and improved hardware, the Surface lineup likely won't become a major component of Microsoft's business in the near future. Bing and Microsoft Edge are clear losers to Google Chrome and Google. Unlike the gaming industry, there isn't really much to be had as one of the leaders. Google Chrome dominates the web browser field, with 65.27% of all internet traffic. Microsoft Edge has just 3.4%, in third place behind Safari's 18.34%. Google dominates the search engine field even more, with 92.6% of all traffic. Bing is second, with just 2.3%. Really, Microsoft is just left picking up the scraps of Google and these two services aren't really some of Microsoft's finest.\nFinancials Analysis\nIt is important to note Microsoft's financial reporting schedule here. Microsoft's fiscal year ends June 30th, meaning that the discussion of 'past year' financials will refer to the period starting July 1st, 2020 to June 30th, 2021, otherwise known as FY2021, unless specifically noted. Examining the company's segment information provides the most intimate understanding of Microsoft's operations. This breakdown demonstrates that server products and cloud services is Microsoft's largest subsector, by revenue, followed by Office products and Windows.\nSource: Microsoft\nLinkedIn is another valuable component to the Microsoft story. Because of its professional focus, it is far more monetizable than most social media platforms. Let's go back to the earlier comparison with Twitter to highlight this. Despite having 22% less active users than Twitter, LinkedIn generates 177% more revenue (Twitter's $3.716 billion versus LinkedIn's $10.289 billion). Another way to view this, is that Twitter makes about $9.38 per user while LinkedIn makes $33.19 per user. This is a staggering difference, though I suppose it's fitting that the social media site centered around business is the best at conducting it.\nLinkedIn isn't the only operation where Microsoft seems to have mastered the art of monetization. Microsoft's Office suite brought in about $39.872 billion over FY2021. While Microsoft doesn't disclose the product's operating margin, Productivity and Business Processes operates at a 45.17% margin and Office represents 73.95% of the division's sales, so it's safe to assume that it's around there. Google's G suite brought in $13.059 billion in sales during FY2020, though operated at an overall loss of $5.607 billion.\nMicrosoft's recent growth has been rather impressive. The company took revenue from $143.051 billion in 2020 up to $168.088 billion in 2021, or +17.5%, while the cost of revenue only increased 13.36% in the same period. Net Income rose from $44.281 billion in 2019 to $61.271 billion in 2020, or 38.37%, far outpacing the rate of growth of revenues. This healthy growth, seeing revenue outpace expenses, means that Microsoft is not only increasing its sales but also its operating efficiency. The graph below demonstrates Microsoft's strong operating margin growth, especially since 2015, and operating margin now the highest it's been in those ten years.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nMicrosoft has also experienced a period of fairly strong liquidity, as seen by the figure below. Inventories are fairly low for the company, representing only $2.636 billion of Microsoft's $1084.406 billion in current assets, as its Surface laptops and Xbox gaming consoles are really the only physical products that Microsoft sells. This helps keep the company's quick ratio high, which hasn't dipped below 1.9 in the past ten years. Thus, despite holding $191.791 billion in total liabilities, Microsoft is highly capable of fulfilling any debt obligations.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nSpeaking of its ability to fulfill its debt obligations,Microsoft currently holds a AAA rating from Standard & Poor's and an Aaa rating from Moody's. Both of these are the top of the respective firms' grading scale and reflect the company's incredible debt management. Beginning with Microsoft's ability to make good on its interest payments, the company's current interest coverage ratio of 29.8 is the highest it's been since 2014. With the company's operations able to generate enough money to cover interest payments almost 30 times over, there is incredibly little risk of Microsoft defaulting on interest payments. What's really rather astounding, is the company's market debt ratio. Debt makes up just 4% of the company's total market value, meaning Microsoft could easily cover all liabilities by raising new equity without significant dilution to shareholders. Though, as the company's financial health continues to simply improve, the only criticism here is that perhaps Microsoft could take on some more leverage to increase its return to shareholders. Though, it's not as if the company is really in a position where it needs to raise capital.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nLooking towards Microsoft's retained earnings, the company bought back $21.879 billion worth of shares last year. The company also paid out $16.871 billion in its quarterly dividend of $.56 per share. Even still, Microsoft saw its retained earnings increase from $34.566 billion in FY2020 to $57.055 billion this past year on account of its $61.271 billion in net income. In response, the Board has approved a $60 billion share buyback program and increased its quarterly dividend payout by 11%. While debt might be able to increase shareholder rewards even more, it isn't something that is necessarily advisable.\nIn Microsoft's cash flows, investing activities contributed to a $27.577 billion loss, a $125.62% increase over last year. This primarily came from larger investments in property and equipment, as well as the acquisition of companies, net of cash acquired, and purchase of intangible assets. This use of capital is good to see, as Microsoft has plenty of it to spend and, while buybacks and dividends are nice, growing the business is always the top priority.\nThesis Risks\nWhen examining the greatest macro threats to Microsoft's operations, antitrust suits are always a potential danger. Back in 2001, Microsoft had to settle a suit with the Department of Justice (\"DOJ\") after it was sued for allegedly violating the Sherman Antitrust Act with its acquisition and integration of Internet Explorer into Windows. While the initial verdict would have seen Microsoft split its business into two separate units, Windows and other software components, the settlement ended up being largely inconsequential.\nYet, after Google,Facebook, and Amazon all faced new antitrust cases in 2021, and Apple lost some control over the App Store over monopolistic practices and reportedly has an antitrust suit from the DOJ looming, Microsoft remains untouched. The reason for this may be rather simple. While the company didn't exactly go through a period of extreme reformation after its high-profile antitrust case some 20 years ago, it hasn't gotten any more abusive. Perhaps they even learned from it, as Brad Smith, President of Microsoft,said \"When I look back at it from Microsoft's perspective, it did mean many things, but I also think when I try to prioritize it in my own mind, it meant one thing more than any other: It was a part of the maturing of Microsoft.\" Perhaps this maturity has allowed Microsoft to play nice from then on, succeeding and succeeding fairly.\nSize alone is not cause for an antitrust suit, as people aren't exactly clamoring to bring down Walmart (WMT). For antitrust suits to be launched, competitors must be disgruntled. Microsoft hasn't really had any,except Slack, which means that there isn't really anything to launch an antitrust case on. The case with Slack is reminiscent of the 2001 case, as they argue against the integration of Microsoft Teams in Windows OS as an unfair advantage.\nRegardless, it doesn't seem that Microsoft carries the same ire as its tech peers. John Lopatka, an antitrust expert and professor at Penn State,said of the matter \"Microsoft simply may be maintaining its market share by being a good competitor.\" Herbert Hovenkamp, a professor at the University of the Pennsylvania Law School and antitrust expert, added to this idea, saying \"You have got to identify some product where there is both dominance and an exclusionary practice and it's kind of hard to find one [with Microsoft]. That's, I think, the bottom line.\" With this in mind, I'm not sure that investors have too much to worry on the legal front.\nOther risks that Microsoft faces include increasing competitive threats and lackluster returns from new investments. One example of such a failure may be the Surface lineup. While it may be a bit harsh to call the product a failure, the device has been a source of disappointmentsince its release in 2013. Though the company can't grow without taking some risks and Azure represents a highly successful implementation of a newer sector.\nBeyond the greater macro threats to Microsoft's valuation, it is also important to consider the general market riskiness of Microsoft's stock. With a beta of .98 for the past 52 weeks,according to FactSet, Microsoft trades incredibly closely to the broader market and does not exhibit abnormally high volatility. For risk-averse traders, this is a rather comforting sign. Even during the COVID pandemic, shares of Microsoft slipped by only around 25%, again demonstrating the ability for the company to mitigate periods of extreme volatility. Such outperformance during otherwise bleak periods is part of what makes Microsoft a favorite among hedge funds.\nMicrosoft's beta of .98 also makes the current cost of raising funds via equity 5.8%, again using data from FactSet. The cost of financing via debt is just 1.63%, though only 2.05% of Microsoft's capital is raised from debt. Keeping in mind the earlier discussion regarding the company's debt management, it does seem a bit strange that the company doesn't utilize debt a bit more given how strong its cash position is. Though, 5.8% still isn't terribly extreme.\nValuation Discussion\nWhen looking at how to value the company, with its hands in so many different pockets, examining a relative P/S ratio is a good place to start. Because Microsoft doesn't disclose the income of its various products, price to sales is the only way to provide an accurate comparison of Microsoft and its peers. To create a fair benchmark, Microsoft first must be broken down into its revenue by sector, or product. The figure below does exactly that.\nSource: Author's Creation Using Data From Microsoft\nGoing by category, the current P/S ratio of the computer processing and cloud services industry is currently 5.11. Office products and cloud services doesn't exactly have a distinct industry to be lumped into, as it dominates its own sector, so I combined it with Windows in the software and programming industry, which currently has a P/S ratio of 10.82. Gaming doesn't seem to have a publicly-available P/S ratio, so I used this list of the top 25 gaming companies by revenue to find it myself, discounting companies that don't conduct the vast majority of their business in gaming. I found the average P/S ratio to be 4.41.\nThe internet services and social media industry currently has a P/S ratio of 8.37, which I also included Search Advertising in for a similar reason to office products and cloud services - Google dominates the market. Professional services companies currently trade at a P/S of 4.99, which I ascribed to enterprise services. I categorized devices as consumer electronics, which currently trades ata  P/S of 5.29. For other, I simply used the P/S of the average S&P 500 company,which is 3.12. Microsoft's P/S ratio, for the trailing twelve months,is 14.3. Compared to the sector weighted average P/S ratio of 7.5, Microsoft appears to be a bit overvalued.\nSource: Author's Creation Using Above Information\nEven before calculating the weighted average P/S, it's pretty clear that Microsoft's is going to be higher. After all, not a single sector has a higher average P/S than Microsoft. Though, revenue doesn't really tell the full story of the company. P/S fails to take into account operating efficiencies, which is one of Microsoft's greatest strengths.\nThis idea of Microsoft's superior monetization strategies was discussed earlier, as was the company's steadily increasing operating margin. The company's strong performance on these two key metrics means that it is more effective with its sales than its peers, thus justifying a higher P/S ratio. As such, I look at this high P/S more as a testament to the company's incredible operating efficiencies, rather than the company, perhaps, being overvalued.\nAs Microsoft continues to extend its operating efficiencies, especially as lower-margin products like the Surface lineup represent a smaller portion of the company's overall sales due to growth in other areas, its lead over peers will only grow. Gaming is a prime example of this. In the new digital era, subscriptions have emerged as the superior form of monetization, hence Microsoft released the Xbox game pass in 2017. Currently,it is rumored that Microsoft now has between 25 million and 30 million game pass subscribers, up from 18 million as of January. Examples such as this demonstrate the firm's ability to continue to improve its efficiencies, even as it outperforms peers.\nThe other component to consider, when looking at price multiples, is that a high multiple also may simply indicate that the market is expecting high growth. With Microsoft, this is undoubtedly the case. With a consensus long term growth rate of 16.1% among the 38 analysts that cover Microsoft, the expectations have been set.\nFinally, while I do still believe it's a bit inappropriate to simply categorize Microsoft as a software company, it is still the most accurate single label for the tech giant. The software & programming industry has an average P/E ratio of 40.9, which is above Microsoft's P/E ratio of 37.2 for the trailing twelve months. Interestingly, most of the top firms in the sector have a higher P/E than overall the sector average. This seems to indicate that the market views the software industry as an area of significant growth and, given Microsoft's beta of .98, it makes sense that Microsoft is viewed similarly to the rest of the sector. Though, bringing back the discussion of efficiency, remember that the software and programming industry has a P/S ratio of 10.82, below Microsoft's P/S of 14.3. Yet, Microsoft has a lower P/E than the rest of the sector due to its significantly greater efficiency.\nFactoring in Microsoft's growth, the company also maintains a lower PEG than the rest of the sector.According to FactSet, the company has a PEG of 2.1. Compared to the average of 2.56 for its peers, it again seems that Microsoft may actually be a bit undervalued relative to its peers. PEG takes the P/E ratio and divides it by its expected earnings growth rate, allowing growth to be clearly included in this common valuation metric. Because Microsoft also has a lower PEG than its industry peers, it stands to reason that the company's lower P/E isn't simply a result of lower growth expectations.\nAs seen below, Microsoft's return on equity (\"ROE\") is above the vast majority of its peers, with Citrix (CTXS) included as an outlier. Because ROE is a measure of net income divided by shareholder's equity, it is effectively a measure of asset efficiency, or how much profit a company's assets are able to produce. The most important thing is that ROE surpasses the cost of raising capital which, even if done completely through equity, is more than accomplished. Microsoft's peers tend to outperform the general market in ROE, indicating a greater sector efficiency overall, though Microsoft clearly takes this efficiency beyond what is typical even for this highly-efficient sector, backing up the above theorizing regarding discrepancies between P/S and P/E. So, with a higher efficiency than the vast majority of its peers by a significant margin and an incredibly healthy capital system, there the only logical conclusion to draw from the company's relatively low P/E and PEG seems to be that it is undervalued.\nSource: Author's Calculations Using Data from Bloomberg Terminal\nInvestor Takeaway\nIt feels a bit strange to say that a company valued as highly as Microsoft is still undervalued, yet that seems to be the reality. Just a few years ago, the idea of a multi-trillion dollar company seemed even a bit fanciful. Yet, here lies Microsoft. A testament to the power of efficiency and responsible growth, Microsoft has earned this value by learning from past mistakes and consistently adapting to new market demands. Though, perhaps it's the company's tremendous size that makes some balk at purchasing the company, thus creating the mispricing. After all, the market will always be an emotional one.\nAs this disclosure below notes, I'm long Microsoft. As you might be able to tell from my name, I tend to like investments with a long horizon. Microsoft is, at the moment, the company in my portfolio that I plan to hold the longest. From a long-term perspective, I struggle to see another company that offers a superior investment profile. While the company's recent beta of .98 may suggest that it doesn't outperform the market, and turn away some prospective investors that are \"seeking alpha,\" keep in mind that this is a recovering market. Since January 31, 2020, the S&P 500 has returned ~45%. Over the same period, Microsoft has returned ~99%. This goes back to how well Microsoft performed during the COVID downturn relative to the rest of the market. While the rest of the market was recovering, Microsoft was just performing and, consequently, has dramatically outperformed over this longer horizon. So, the company's ability to generate consistently high returns and mitigate losses during economic hardship makes it the ultimate buy and hold.","news_type":1},"isVote":1,"tweetType":1,"viewCount":750,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601636442,"gmtCreate":1638520962193,"gmtModify":1638520962458,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/601636442","repostId":"1156962947","repostType":4,"repost":{"id":"1156962947","pubTimestamp":1638520345,"share":"https://www.laohu8.com/m/news/1156962947?lang=&edition=full","pubTime":"2021-12-03 16:32","market":"us","language":"en","title":"Netflix Stock: What Investors Need to Know","url":"https://stock-news.laohu8.com/highlight/detail?id=1156962947","media":"TheStreet","summary":"Netflix is the grandaddy of the video streaming industry and offers its subscribers a ton of value. ","content":"<p>Netflix is the grandaddy of the video streaming industry and offers its subscribers a ton of value. But does Netflix stock offer as much value for its shareholders?</p>\n<p>Netflix&nbsp;is the largest video streaming service in the world by market share. It has nearly one-third of the market, with more than 210 million paying members in more than 190 countries.</p>\n<p>Despite its size, Netflix has a relatively simple business model. Because one of the best pieces of financial advice is to invest in what you understand, that makes Netflix worthy of our attention.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6e4620ec9673ba0cb8ccca4acd4ade01\" tg-width=\"1240\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>Figure 1: Netflix's headquarter in Los Gatos, California.</span></p>\n<p>Let’s take a look at how the company generates revenue, where its subscribers come from, and how it can continue to grow and deliver even more value to NFLX shareholders.</p>\n<p><b>How did Netflix start?</b></p>\n<p>Netflix was founded in 1997 as a mail-based DVD rental service. And believe it or not, in 2000, its founders tried to sell Netflix to Blockbuster for $50 million. The deal was not accepted.</p>\n<p>Blockbuster certainly missed out. Today, Blockbuster is a thing of the past, while Netflix has a market cap of roughly $275 billion.</p>\n<p>Netflix began offering video streaming services in 2007, and today it competes with giants like Amazon&nbsp;and Disney:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fb2cc293443c5e8fc646e5e3dff4c034\" tg-width=\"491\" tg-height=\"386\" width=\"100%\" height=\"auto\"><span>Figure 2: US streaming market share 2020.</span></p>\n<p>Netflix’s library of popular TV shows and movies – along with award-winning original content – continues to attract subscribers and contributes to its exponential growth.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83b708f3ec1167f189a980a086bad8f7\" tg-width=\"939\" tg-height=\"509\" width=\"100%\" height=\"auto\"><span>Figure 3: Netflix paying streaming subscribers, millions.</span></p>\n<p><b>How does Netflix make money?</b></p>\n<p>As we mentioned above, Netflix’s business model is super-simple. It makes money from streaming services. In fact, 99% of the company’s revenue comes from this segment. The other 1% comes from the mail-based DVD rental service that Netflix still maintains.</p>\n<p>Users pay a monthly membership fee to access the Netflix platform and content. Three subscription plans (Basic, Standard, and Premium) are available. The price of a subscription varies between $3 and $14 per month, depending on the plan and where the subscriber is located.</p>\n<p>In addition to Netflix’s simple business model, it’s also important to understand where the main subscribers and the company's highest revenues come from.</p>\n<p><b>Great opportunity in Netflix’s expansion</b></p>\n<p>Netflix operates in nearly every country in the world, except for China, Crimea, North Korea, and Syria.</p>\n<p>However, the company's revenue distribution is still uneven:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2e058f315fdd45d27e8132178b19d9c\" tg-width=\"705\" tg-height=\"375\" width=\"100%\" height=\"auto\"><span>Figure 5: Netflix's revenue Q3 2021, by region.</span></p>\n<p>There are two reasons for this.</p>\n<p>First off, Netflix subscription plans are cheaper in developing countries in Latin America and Asia. Simply put, the company can charge more for its services in developed economies where households have more income, giving these market segments a bigger piece of the revenue pie.</p>\n<p>Secondly, Netflix has had more than 20 years to gain a massive subscriber base in the U.S. and Canada. Its services are already a part of our daily lives. That’s not the case in Latin America and Asia, where many households still don’t have a Netflix membership.</p>\n<p>And that’s where Netflix has the most potential for future revenue. The company’s expansion into these markets should ensure long-term growth for the company and its stock – even if growth in the U.S. stalls due to market saturation.</p>\n<p>In addition, as underdeveloped and developed economies grow, Netflix will be able to charge higher subscription fees, also boosting revenue.</p>\n<p><b>Our take</b></p>\n<p>Netflix is a company with a simple proposition but a lot of value. We believe in the company's future development and that it will continue to deliver good results in the coming years. This will especially be the case as its membership grows in underdeveloped and developing countries.</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>Netflix Stock: What Investors Need to Know</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\">\nNetflix Stock: What Investors Need to Know\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-03 16:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/streaming/nflx/netflix-stock-what-investors-need-to-know><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Netflix is the grandaddy of the video streaming industry and offers its subscribers a ton of value. But does Netflix stock offer as much value for its shareholders?\nNetflix is the largest video ...</p>\n\n<a href=\"https://www.thestreet.com/streaming/nflx/netflix-stock-what-investors-need-to-know\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NFLX":"奈飞"},"source_url":"https://www.thestreet.com/streaming/nflx/netflix-stock-what-investors-need-to-know","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156962947","content_text":"Netflix is the grandaddy of the video streaming industry and offers its subscribers a ton of value. But does Netflix stock offer as much value for its shareholders?\nNetflix is the largest video streaming service in the world by market share. It has nearly one-third of the market, with more than 210 million paying members in more than 190 countries.\nDespite its size, Netflix has a relatively simple business model. Because one of the best pieces of financial advice is to invest in what you understand, that makes Netflix worthy of our attention.\nFigure 1: Netflix's headquarter in Los Gatos, California.\nLet’s take a look at how the company generates revenue, where its subscribers come from, and how it can continue to grow and deliver even more value to NFLX shareholders.\nHow did Netflix start?\nNetflix was founded in 1997 as a mail-based DVD rental service. And believe it or not, in 2000, its founders tried to sell Netflix to Blockbuster for $50 million. The deal was not accepted.\nBlockbuster certainly missed out. Today, Blockbuster is a thing of the past, while Netflix has a market cap of roughly $275 billion.\nNetflix began offering video streaming services in 2007, and today it competes with giants like Amazon and Disney:\nFigure 2: US streaming market share 2020.\nNetflix’s library of popular TV shows and movies – along with award-winning original content – continues to attract subscribers and contributes to its exponential growth.\nFigure 3: Netflix paying streaming subscribers, millions.\nHow does Netflix make money?\nAs we mentioned above, Netflix’s business model is super-simple. It makes money from streaming services. In fact, 99% of the company’s revenue comes from this segment. The other 1% comes from the mail-based DVD rental service that Netflix still maintains.\nUsers pay a monthly membership fee to access the Netflix platform and content. Three subscription plans (Basic, Standard, and Premium) are available. The price of a subscription varies between $3 and $14 per month, depending on the plan and where the subscriber is located.\nIn addition to Netflix’s simple business model, it’s also important to understand where the main subscribers and the company's highest revenues come from.\nGreat opportunity in Netflix’s expansion\nNetflix operates in nearly every country in the world, except for China, Crimea, North Korea, and Syria.\nHowever, the company's revenue distribution is still uneven:\nFigure 5: Netflix's revenue Q3 2021, by region.\nThere are two reasons for this.\nFirst off, Netflix subscription plans are cheaper in developing countries in Latin America and Asia. Simply put, the company can charge more for its services in developed economies where households have more income, giving these market segments a bigger piece of the revenue pie.\nSecondly, Netflix has had more than 20 years to gain a massive subscriber base in the U.S. and Canada. Its services are already a part of our daily lives. That’s not the case in Latin America and Asia, where many households still don’t have a Netflix membership.\nAnd that’s where Netflix has the most potential for future revenue. The company’s expansion into these markets should ensure long-term growth for the company and its stock – even if growth in the U.S. stalls due to market saturation.\nIn addition, as underdeveloped and developed economies grow, Netflix will be able to charge higher subscription fees, also boosting revenue.\nOur take\nNetflix is a company with a simple proposition but a lot of value. We believe in the company's future development and that it will continue to deliver good results in the coming years. This will especially be the case as its membership grows in underdeveloped and developing countries.","news_type":1},"isVote":1,"tweetType":1,"viewCount":201,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877807036,"gmtCreate":1637907773267,"gmtModify":1637907773539,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877807036","repostId":"1140860026","repostType":4,"repost":{"id":"1140860026","pubTimestamp":1637904477,"share":"https://www.laohu8.com/m/news/1140860026?lang=&edition=full","pubTime":"2021-11-26 13:27","market":"us","language":"en","title":"Is the Stock Market Open Today? Here Are the Black Friday Hours.","url":"https://stock-news.laohu8.com/highlight/detail?id=1140860026","media":"Barrons","summary":"Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likel","content":"<p>Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likely planning to trade on U.S. exchanges. Here’s what you need to know before trying to make changes to your portfolio.</p>\n<p><b>Is the Stock Market Closed on Black Friday?</b></p>\n<p>No, the&nbsp;New York Stock Exchange&nbsp;and&nbsp;the Nasdaq&nbsp;will be open on Black Friday. But you’ll have to get your trades in early, because both close at 1 p.m. Eastern.</p>\n<p>U.S. bond markets and U.S. over-the-counter markets will shut down at 2 p.m.</p>\n<p><b>Are Foreign Stock Exchanges Open on Black Friday?</b></p>\n<p>The Toronto Stock Exchange, the Frankfurt Stock Exchange, the&nbsp;London Stock Exchange,&nbsp;and the&nbsp;Shanghai Stock Exchange will all be open on Black Friday.</p>\n<p><b>How Has the Stock Market Previously Performed on Black Friday?</b></p>\n<p>From 2001 to 2020, the S&amp;P 500‘s performance on Black Friday was mixed, finishing up just half of the time. The index gained more than 1% on three Black Fridays—in 2001, 2007, and 2012—while it slipped 1.7% on the “retail holiday” in 2009.</p>\n<p><b>What Does Black Friday Mean for Retailers?</b></p>\n<p>Investors have been optimistic in the leadup to the holiday season. Many retailers have had to learn how to leverage the pandemic for their physical stores—and they’ve seen increased bricks-and-mortar shopping.</p>\n<p>Last week, retail giant&nbsp;Walmart&nbsp;(ticker: WMT) reported third-quarter earnings and sales that&nbsp;beat Wall Street estimates, with the company raising its&nbsp;fiscal-year guidance.&nbsp;Home Depot(HD) also reported third-quarter earnings that&nbsp;beat earnings expectations, thanks to continued interest in home improvement amid a strong housing market.</p>\n<p>Retail stocks have largely performed well so far this year: the&nbsp;SPDR S&amp;P Retail&nbsp;exchange-traded fund&nbsp;(XRT) is up roughly 60%, while the S&amp;P 500 has gained around 25%. The&nbsp;Invesco S&amp;P 500 Equal Weight Consumer Discretionary&nbsp;ETF (RCD), which is evenly weighted so that price movements aren’t too swayed by any one stock,has climbed about 30%.</p>\n<p><b>Is the Stock Market Open on Cyber Monday?</b></p>\n<p>Yes. The New York Stock Exchange and the Nasdaq will return to normal trading hours and open at 9:30 a.m. Eastern on Nov. 29th, or Cyber Monday, when many retailers are planning to offer special discounts online.</p>\n<p>U.S. bond markets and U.S. over-the-counter markets will also resume regular hours of operation.</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>Is the Stock Market Open Today? Here Are the Black Friday Hours.</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\">\nIs the Stock Market Open Today? Here Are the Black Friday Hours.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 13:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stock-market-hours-black-friday-cyber-monday-51637782967?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likely planning to trade on U.S. exchanges. Here’s what you need to know before trying to make changes to...</p>\n\n<a href=\"https://www.barrons.com/articles/stock-market-hours-black-friday-cyber-monday-51637782967?mod=hp_LATEST\">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":"https://www.barrons.com/articles/stock-market-hours-black-friday-cyber-monday-51637782967?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140860026","content_text":"Fresh off Thanksgiving, many Americans may be looking for deals on Black Friday—with investors likely planning to trade on U.S. exchanges. Here’s what you need to know before trying to make changes to your portfolio.\nIs the Stock Market Closed on Black Friday?\nNo, the New York Stock Exchange and the Nasdaq will be open on Black Friday. But you’ll have to get your trades in early, because both close at 1 p.m. Eastern.\nU.S. bond markets and U.S. over-the-counter markets will shut down at 2 p.m.\nAre Foreign Stock Exchanges Open on Black Friday?\nThe Toronto Stock Exchange, the Frankfurt Stock Exchange, the London Stock Exchange, and the Shanghai Stock Exchange will all be open on Black Friday.\nHow Has the Stock Market Previously Performed on Black Friday?\nFrom 2001 to 2020, the S&P 500‘s performance on Black Friday was mixed, finishing up just half of the time. The index gained more than 1% on three Black Fridays—in 2001, 2007, and 2012—while it slipped 1.7% on the “retail holiday” in 2009.\nWhat Does Black Friday Mean for Retailers?\nInvestors have been optimistic in the leadup to the holiday season. Many retailers have had to learn how to leverage the pandemic for their physical stores—and they’ve seen increased bricks-and-mortar shopping.\nLast week, retail giant Walmart (ticker: WMT) reported third-quarter earnings and sales that beat Wall Street estimates, with the company raising its fiscal-year guidance. Home Depot(HD) also reported third-quarter earnings that beat earnings expectations, thanks to continued interest in home improvement amid a strong housing market.\nRetail stocks have largely performed well so far this year: the SPDR S&P Retail exchange-traded fund (XRT) is up roughly 60%, while the S&P 500 has gained around 25%. The Invesco S&P 500 Equal Weight Consumer Discretionary ETF (RCD), which is evenly weighted so that price movements aren’t too swayed by any one stock,has climbed about 30%.\nIs the Stock Market Open on Cyber Monday?\nYes. The New York Stock Exchange and the Nasdaq will return to normal trading hours and open at 9:30 a.m. Eastern on Nov. 29th, or Cyber Monday, when many retailers are planning to offer special discounts online.\nU.S. bond markets and U.S. over-the-counter markets will also resume regular hours of operation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":17,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840457481,"gmtCreate":1635678639348,"gmtModify":1635678639610,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/840457481","repostId":"2179226336","repostType":4,"repost":{"id":"2179226336","pubTimestamp":1635644521,"share":"https://www.laohu8.com/m/news/2179226336?lang=&edition=full","pubTime":"2021-10-31 09:42","market":"hk","language":"en","title":"Opinion: Big Tech is still headed for its biggest year ever, but Apple and Amazon could cut into fourth quarter profits","url":"https://stock-news.laohu8.com/highlight/detail?id=2179226336","media":"Market watch","summary":"Supply-chain and staffing issues will bring down the growth rates a bit for Apple and Amazon, but Go","content":"<p>Supply-chain and staffing issues will bring down the growth rates a bit for <a href=\"https://laohu8.com/S/AAPL\">Apple</a> and Amazon, but Google and <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> are still headed for huge holiday seasons to wrap up the year</p>\n<p>Big Tech is still on track forits biggest year of sales ever by a wide distance, but holiday issues at Apple Inc. and <a href=\"https://laohu8.com/S/AMZN\">Amazon.com</a> Inc. could mean a profit decline.</p>\n<p>The fourth quarter is definitely going to be lighter than Wall Street had previously expected,because of constraints that both AppleAAPL,-1.82%and AmazonAMZN,-2.15%talked about Thursday in the global supply chain, which are affecting their ability to meet the strong consumer demand for their products.</p>\n<p>While revenue for both the full year and fourth quarter of 2021 is expected to see strong double-digit growth again, net income is going to take a huge hit for both the year and the quarter, depending on how much money Amazon ends up spending.</p>\n<p><b>Full earnings coverage:Apple sales missedandAmazon’s earnings were nearly cut in half</b></p>\n<p>But two other members of the five-headed Big Tech monster are poised to outperform previous expectations. <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.GOOG,+1.47%GOOGL,+1.51%is now expected to see the biggest growth in sales — Wall Street is forecasting total revenue for <a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> to grow about 26% to around $71.8 billion, before deducting traffic acquisition costs (TAC), in the December quarter. Google’s ad business was mostly undeterred by the changes in Apple’s privacy settings for the iPhone that afflicted other internet companies.</p>\n<p>“With many investors looking outside of U.S. internet given the plethora of potential headwinds (IDFA, supply chain) and negative media headlines, Google kept the course and did what they needed to do,” said Bernstein Research analyst Mark Shmulik in a note to clients. “The 3Q print isn’t the massive blowout many of you have perhaps grown accustomed to these past few quarters, but it also wasn’t a miss.”</p>\n<p><b>More from Therese:Apple’s ad-megeddon is affecting Snap, <a href=\"https://laohu8.com/S/FB\">Facebook</a> and Google differently</b></p>\n<p>This compares to projected revenue growth rates for the fourth quarter in the teens for Amazon (10%), Facebook Inc.FB,+2.10%(19%) and Microsoft Corp.MSFT,+2.24%(17.5%). All of these growth rates, with the exception of Amazon, are still better than the S&amp;P 500SPX,+0.19%projected revenue growth of 11.65% for the fourth quarter. Combined, the calendar fourth quarter revenue for these five companies is forecast at $412.2 billion, up 16.2% from $354.5 billion a year ago.</p>\n<p>Net income, though, will be down to single-digit growth, thanks to Amazon’s hefty spending on product fulfillment, including big employee hires. The combined net income of the Big Five for the fourth quarter is projected at $79.9 billion, a bump up of only 2.7% from $77.8 billion in the year ago quarter. The S&amp;P 500 will see better far earnings growth of 21.15%</p>\n<p>And if there is a miss overall, we could see a decline on the year. Net income is expected to only be up very slightly right now, just over 1% to $228.3 billion from $224.8 billion for calendar 2020.That’s also much lower than the projections at mid-year,of net income coming in right around $300 billion, and could even come in flat to down, based on Amazon’s potential-downside forecast and any other surprise issues that come up for others in the Big 5.</p>\n<p>For the full year 2021, including recent changes to estimates after Thursday’s shortfalls, combined revenue for Alphabet, Amazon, Apple, Facebook and Microsoft is now expected to reach approximately $1.398 trillion, based on Factset estimates. That will still put 2021 on track to be Big Tech’s biggest year ever, with growth of 26.9% from $1.102 trillion in calendar 2020.</p>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> may have seen the best times in tech already this year and until the global supply chain issues are resolved, the consumer-focused companies are probably going to be too volatile to really depend on. Tech is a varied sector, though, and the color in last week’s earnings calls suggested companies are still spending andshould sustain enterprise tech names through the choppy fourth-quarter waters.</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>Opinion: Big Tech is still headed for its biggest year ever, but Apple and Amazon could cut into fourth quarter profits</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\">\nOpinion: Big Tech is still headed for its biggest year ever, but Apple and Amazon could cut into fourth quarter profits\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-31 09:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/><strong>Market watch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Supply-chain and staffing issues will bring down the growth rates a bit for Apple and Amazon, but Google and Microsoft are still headed for huge holiday seasons to wrap up the year\nBig Tech is still ...</p>\n\n<a href=\"https://www.marketwatch.com/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","AAPL":"苹果"},"source_url":"https://www.marketwatch.com/","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"2179226336","content_text":"Supply-chain and staffing issues will bring down the growth rates a bit for Apple and Amazon, but Google and Microsoft are still headed for huge holiday seasons to wrap up the year\nBig Tech is still on track forits biggest year of sales ever by a wide distance, but holiday issues at Apple Inc. and Amazon.com Inc. could mean a profit decline.\nThe fourth quarter is definitely going to be lighter than Wall Street had previously expected,because of constraints that both AppleAAPL,-1.82%and AmazonAMZN,-2.15%talked about Thursday in the global supply chain, which are affecting their ability to meet the strong consumer demand for their products.\nWhile revenue for both the full year and fourth quarter of 2021 is expected to see strong double-digit growth again, net income is going to take a huge hit for both the year and the quarter, depending on how much money Amazon ends up spending.\nFull earnings coverage:Apple sales missedandAmazon’s earnings were nearly cut in half\nBut two other members of the five-headed Big Tech monster are poised to outperform previous expectations. Alphabet Inc.GOOG,+1.47%GOOGL,+1.51%is now expected to see the biggest growth in sales — Wall Street is forecasting total revenue for Alphabet to grow about 26% to around $71.8 billion, before deducting traffic acquisition costs (TAC), in the December quarter. Google’s ad business was mostly undeterred by the changes in Apple’s privacy settings for the iPhone that afflicted other internet companies.\n“With many investors looking outside of U.S. internet given the plethora of potential headwinds (IDFA, supply chain) and negative media headlines, Google kept the course and did what they needed to do,” said Bernstein Research analyst Mark Shmulik in a note to clients. “The 3Q print isn’t the massive blowout many of you have perhaps grown accustomed to these past few quarters, but it also wasn’t a miss.”\nMore from Therese:Apple’s ad-megeddon is affecting Snap, Facebook and Google differently\nThis compares to projected revenue growth rates for the fourth quarter in the teens for Amazon (10%), Facebook Inc.FB,+2.10%(19%) and Microsoft Corp.MSFT,+2.24%(17.5%). All of these growth rates, with the exception of Amazon, are still better than the S&P 500SPX,+0.19%projected revenue growth of 11.65% for the fourth quarter. Combined, the calendar fourth quarter revenue for these five companies is forecast at $412.2 billion, up 16.2% from $354.5 billion a year ago.\nNet income, though, will be down to single-digit growth, thanks to Amazon’s hefty spending on product fulfillment, including big employee hires. The combined net income of the Big Five for the fourth quarter is projected at $79.9 billion, a bump up of only 2.7% from $77.8 billion in the year ago quarter. The S&P 500 will see better far earnings growth of 21.15%\nAnd if there is a miss overall, we could see a decline on the year. Net income is expected to only be up very slightly right now, just over 1% to $228.3 billion from $224.8 billion for calendar 2020.That’s also much lower than the projections at mid-year,of net income coming in right around $300 billion, and could even come in flat to down, based on Amazon’s potential-downside forecast and any other surprise issues that come up for others in the Big 5.\nFor the full year 2021, including recent changes to estimates after Thursday’s shortfalls, combined revenue for Alphabet, Amazon, Apple, Facebook and Microsoft is now expected to reach approximately $1.398 trillion, based on Factset estimates. That will still put 2021 on track to be Big Tech’s biggest year ever, with growth of 26.9% from $1.102 trillion in calendar 2020.\nInvestors may have seen the best times in tech already this year and until the global supply chain issues are resolved, the consumer-focused companies are probably going to be too volatile to really depend on. Tech is a varied sector, though, and the color in last week’s earnings calls suggested companies are still spending andshould sustain enterprise tech names through the choppy fourth-quarter waters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":47,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":840317577,"gmtCreate":1635589167324,"gmtModify":1635589167520,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment. Thanks!","listText":"Please like and comment. Thanks!","text":"Please like and comment. Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/840317577","repostId":"1130019043","repostType":4,"repost":{"id":"1130019043","pubTimestamp":1635579123,"share":"https://www.laohu8.com/m/news/1130019043?lang=&edition=full","pubTime":"2021-10-30 15:32","market":"hk","language":"en","title":"Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming","url":"https://stock-news.laohu8.com/highlight/detail?id=1130019043","media":"24/7 wall street","summary":"A plethora of acronyms are used in the financial world for a wide variety of items. Most investors a","content":"<p>A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.</p>\n<p>One of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.</p>\n<p>If any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.</p>\n<p>On March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&amp;P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.</p>\n<p>We covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&amp;P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&amp;P 500 to 3,250 by August 30.</p>\n<p>Once again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:</p>\n<blockquote>\n Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&amp;P 500 corrections occur, and we see downside equating to the S&amp;P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.\n</blockquote>\n<blockquote>\n Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.\n</blockquote>\n<blockquote>\n Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&amp;P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&amp;P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&amp;P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024.\n</blockquote>","source":"lsy1620372341666","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>Top Wall Street Strategist Sees a Fast 10% Q4 Correction Coming</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTop Wall Street Strategist Sees a Fast 10% Q4 Correction Coming\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-30 15:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://247wallst.com/investing/2021/10/29/top-wall-street-strategist-sees-a-fast-10-q4-correction-coming/><strong>24/7 wall street</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In ...</p>\n\n<a href=\"https://247wallst.com/investing/2021/10/29/top-wall-street-strategist-sees-a-fast-10-q4-correction-coming/\">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://247wallst.com/investing/2021/10/29/top-wall-street-strategist-sees-a-fast-10-q4-correction-coming/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130019043","content_text":"A plethora of acronyms are used in the financial world for a wide variety of items. Most investors are well aware of the FAANG stocks, which are the massive tech monsters that rule the market. In addition, one of the acronyms used to describe the constant rise in the stock markets, especially when the “buy the dip” crowd takes control after sizable selling, is FOMO, or fear of missing out.\nOne of the very newest acronyms to hit the market speak lexicon is TINA. That stands for “there is no alternative,” which is an explanation for the constant ascent of the stock market. Basically what it means is that, due to very low yields on bonds and cash, especially with mounting inflation, owning stocks (especially those that pay solid and predictable dividends) is the only way to stay ahead of the game.\nIf any one equity strategist across Wall Street has been right on the money over the past few years, it is Stifel’s head of Institutional Equity Strategy, Barry Bannister, and he is advising clients that we could be poised to have a TINA trap sell-off. We have covered his outstanding and prescient calls for years, and generally when he talks, we listen. Those who did so at the height of the sell-off in 2020 posted some massive gains.\nOn March 19, 2020, just four short days before the final surge of selling and investor capitulation on March 23, Bannister and his team dropped a prediction for a relief rally that would carry the S&P 500 to the 2,750 level by April 30. On March 23, the index hit an intraday low of 2,191, and it closed at 2,237.\nWe covered that incredibly bold prediction then, and while some were very skeptical of the call, Bannister made the prerequisite financial media rounds at the time giving his firm’s rationale for the prediction. In early April of 2020 as a surge of alarming news on the COVID-19 pandemic flooded the airwaves, Stifel came out and defended the call, telling clients to stand their ground. In the middle of April, as the rest of Wall Street was finally on board, Stifel raised the end-of-April target to 2,950. On April 30, in line with the laser-like call from Stifel, the S&P 500 closed at 2,912 after hitting an intraday high of 2,930 and after trading to 2,950 level the day before. In late May of 2020, Stifel once again raised the price target on the S&P 500 to 3,250 by August 30.\nOnce again, Bannister sees storm clouds on the horizon, and with good reason. Everything from stocks to gold, Treasury debt and oil and have been pushed higher. This is a result of a unique combination of the FOMO worries and the TINA mentality. In a new research report, Bannister and his team feel that a lightning-fast 10% correction could occur in the remaining months of the fourth quarter. The report noted this:\n\n Near-term in the fourth quarter of 2021, we note that equal-weighted cyclicals vs. defensives are very near the point at which P/E-driven S&P 500 corrections occur, and we see downside equating to the S&P 500 falling from 4,535 currently to ~4,000 (prior view 3,800), around a 10% correction in the fourth quarter as we see mid-cycle risks.\n\n\n Our target and concerns are based on slowing global liquidity and tighter financial conditions with a gradual but unwavering Fed exit (especially after the Fed Chair is named). Sure, the Fed-inflated TINA trade “There is No Alternative” (to stocks) exists, but everyone goes into the boxing ring “with a plan” to buy-the-dip…until they get hit with a double-digit correction.\n\n\n Looking out to mid-2022 through 2025, we observe that value vs. growth tracks the S&P 500 divided by commodity index ratio, which soared in 2020 (favored growth stocks), fell in 2021 (favors value) and may bounce in mid-2022 (after the S&P 500 corrects) favoring growth, post-dip. We also show that despite the Quantitative Easing taper the S&P 500 could hit 5,200 by Jun-2022 (TINA’s last gasp?). Moreover, we see no actual bear market, which would be a 20% or more decline until fed funds is 1% (4 rate hikes), which fed funds futures indicate does not occur until 2024.","news_type":1},"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828369009,"gmtCreate":1633845740822,"gmtModify":1633845741056,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/828369009","repostId":"2174920514","repostType":4,"repost":{"id":"2174920514","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1633764600,"share":"https://www.laohu8.com/m/news/2174920514?lang=&edition=full","pubTime":"2021-10-09 15:30","market":"us","language":"en","title":"Is the stock market open on Columbus Day? Yes! But the bond market isn't--Here's why","url":"https://stock-news.laohu8.com/highlight/detail?id=2174920514","media":"Dow Jones","summary":"It's also Indigenous Peoples Day.\nIt's almost a perennial question on Wall Street. With Columbus Day","content":"<p>It's also Indigenous Peoples Day.</p>\n<p>It's almost a perennial question on Wall Street. With Columbus Day a federal holiday on Monday, investors are curious if the stock market will be opened.</p>\n<p>Here is the short answer: yes. But it isn't that simple.</p>\n<p>The bond market isn't. Bond traders are off as recommended by the Securities Industry and Financial Markets Association, known as Sifma.</p>\n<p>Columbus Day and Veterans Day are the two federal holidays when fixed-income markets are closed due to the federal holiday.</p>\n<p>As per usual, the Intercontinental Exchange<a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>-owned New York Stock Exchange and the Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> will both be open regular hours. So, the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index , to note the three main U.S. bourses, can figure out whether the weaker-than-expected jobs report released on Friday was bullish or bearish in the near term.</p>\n<p>Meanwhile, benchmark bonds can take a breather after the 10-year Treasury note yield, 30-year Treasury bond and 2-year Treasury note touched their highest yields in months (since March of 2020 in the case of the shorter-date debt).</p>\n<p>Now back to Columbus Day and the curious case of mixed up market closures.</p>\n<p>Here's perhaps why it is closed and equities trade on.</p>\n<p>Begun back in 1792 and declared a federal day off in 1937 by President Franklin D. Roosevelt, Columbus Day marks a state and federal holiday. Federal offices, including the U.S. Treasury Department, are closed. That means, Treasurys--a chunk of typical trading activity on regular days and a key benchmark--are also forced to take a holiday.</p>\n<p>Columbus Day isn't without its controversy as a holiday intended to celebrate Christopher Columbus for sailing the ocean blue in 1492. Firstly, not all states celebrate the Italian explorer's occasion on the same day. Tennessee tends to celebrate the holiday on Friday. Some states don't acknowledge the day at all, with Alaska, Vermont, Hawaii and South Dakota choosing not to observe it.</p>\n<p>Some regions choose to celebrate Indigenous Peoples Day, which honors Native Americans and challenges the concept that Columbus was the first to discover America. The holiday has been gaining support, as an alternative to Columbus Day.</p>\n<p>So, the next time that someone asks if the market is open on Columbus Day, you can tell them that it is complicated.</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>Is the stock market open on Columbus Day? Yes! But the bond market isn't--Here's why</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\">\nIs the stock market open on Columbus Day? Yes! But the bond market isn't--Here's why\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-10-09 15:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>It's also Indigenous Peoples Day.</p>\n<p>It's almost a perennial question on Wall Street. With Columbus Day a federal holiday on Monday, investors are curious if the stock market will be opened.</p>\n<p>Here is the short answer: yes. But it isn't that simple.</p>\n<p>The bond market isn't. Bond traders are off as recommended by the Securities Industry and Financial Markets Association, known as Sifma.</p>\n<p>Columbus Day and Veterans Day are the two federal holidays when fixed-income markets are closed due to the federal holiday.</p>\n<p>As per usual, the Intercontinental Exchange<a href=\"https://laohu8.com/S/ICE\">$(ICE)$</a>-owned New York Stock Exchange and the Nasdaq Inc. <a href=\"https://laohu8.com/S/NDAQ\">$(NDAQ)$</a> will both be open regular hours. So, the Dow Jones Industrial Average , the S&amp;P 500 index and the Nasdaq Composite Index , to note the three main U.S. bourses, can figure out whether the weaker-than-expected jobs report released on Friday was bullish or bearish in the near term.</p>\n<p>Meanwhile, benchmark bonds can take a breather after the 10-year Treasury note yield, 30-year Treasury bond and 2-year Treasury note touched their highest yields in months (since March of 2020 in the case of the shorter-date debt).</p>\n<p>Now back to Columbus Day and the curious case of mixed up market closures.</p>\n<p>Here's perhaps why it is closed and equities trade on.</p>\n<p>Begun back in 1792 and declared a federal day off in 1937 by President Franklin D. Roosevelt, Columbus Day marks a state and federal holiday. Federal offices, including the U.S. Treasury Department, are closed. That means, Treasurys--a chunk of typical trading activity on regular days and a key benchmark--are also forced to take a holiday.</p>\n<p>Columbus Day isn't without its controversy as a holiday intended to celebrate Christopher Columbus for sailing the ocean blue in 1492. Firstly, not all states celebrate the Italian explorer's occasion on the same day. Tennessee tends to celebrate the holiday on Friday. Some states don't acknowledge the day at all, with Alaska, Vermont, Hawaii and South Dakota choosing not to observe it.</p>\n<p>Some regions choose to celebrate Indigenous Peoples Day, which honors Native Americans and challenges the concept that Columbus was the first to discover America. The holiday has been gaining support, as an alternative to Columbus Day.</p>\n<p>So, the next time that someone asks if the market is open on Columbus Day, you can tell them that it is complicated.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NDAQ":"纳斯达克OMX交易所",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","ICE":"洲际交易所",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2174920514","content_text":"It's also Indigenous Peoples Day.\nIt's almost a perennial question on Wall Street. With Columbus Day a federal holiday on Monday, investors are curious if the stock market will be opened.\nHere is the short answer: yes. But it isn't that simple.\nThe bond market isn't. Bond traders are off as recommended by the Securities Industry and Financial Markets Association, known as Sifma.\nColumbus Day and Veterans Day are the two federal holidays when fixed-income markets are closed due to the federal holiday.\nAs per usual, the Intercontinental Exchange$(ICE)$-owned New York Stock Exchange and the Nasdaq Inc. $(NDAQ)$ will both be open regular hours. So, the Dow Jones Industrial Average , the S&P 500 index and the Nasdaq Composite Index , to note the three main U.S. bourses, can figure out whether the weaker-than-expected jobs report released on Friday was bullish or bearish in the near term.\nMeanwhile, benchmark bonds can take a breather after the 10-year Treasury note yield, 30-year Treasury bond and 2-year Treasury note touched their highest yields in months (since March of 2020 in the case of the shorter-date debt).\nNow back to Columbus Day and the curious case of mixed up market closures.\nHere's perhaps why it is closed and equities trade on.\nBegun back in 1792 and declared a federal day off in 1937 by President Franklin D. Roosevelt, Columbus Day marks a state and federal holiday. Federal offices, including the U.S. Treasury Department, are closed. That means, Treasurys--a chunk of typical trading activity on regular days and a key benchmark--are also forced to take a holiday.\nColumbus Day isn't without its controversy as a holiday intended to celebrate Christopher Columbus for sailing the ocean blue in 1492. Firstly, not all states celebrate the Italian explorer's occasion on the same day. Tennessee tends to celebrate the holiday on Friday. Some states don't acknowledge the day at all, with Alaska, Vermont, Hawaii and South Dakota choosing not to observe it.\nSome regions choose to celebrate Indigenous Peoples Day, which honors Native Americans and challenges the concept that Columbus was the first to discover America. The holiday has been gaining support, as an alternative to Columbus Day.\nSo, the next time that someone asks if the market is open on Columbus Day, you can tell them that it is complicated.","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":867230705,"gmtCreate":1633268725124,"gmtModify":1633268725882,"author":{"id":"3572489627147183","authorId":"3572489627147183","name":"TeslaLegend","avatar":"https://static.tigerbbs.com/180ad6f06095bcbf2b6594d26c494752","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Please like and comment!","listText":"Please like and comment!","text":"Please like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/867230705","repostId":"1195986801","repostType":4,"repost":{"id":"1195986801","pubTimestamp":1633237941,"share":"https://www.laohu8.com/m/news/1195986801?lang=&edition=full","pubTime":"2021-10-03 13:12","market":"hk","language":"en","title":"Why Tesla's Q3 Numbers Are 'Eye Popping' and Hard to Poke Holes In","url":"https://stock-news.laohu8.com/highlight/detail?id=1195986801","media":"Benzinga","summary":"Tesla, Inc. reported Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\". The Tesla Analyst:Daniel Ives maintained an Outperform rating and $1,000 price target for Tesla shares.The Tesla Thesis:Tesla's third-quarter deliveries of 241,000 beat even the bull-case whisper number on the Street, analyst Ives said in a note. The strength, the analyst said, was driven byrobust Model 3/Y salesof 232, 000.Total produ","content":"<p><b>Tesla, Inc.</b>&nbsp;reported&nbsp;Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\"</p>\n<p><b>The Tesla Analyst:</b>Daniel Ives maintained an Outperform rating and $1,000 price target for Tesla shares.</p>\n<p><b>The Tesla Thesis:</b>Tesla's third-quarter deliveries of 241,000 beat even the bull-case whisper number on the Street, analyst Ives said in a note. The strength, the analyst said, was driven byrobust Model 3/Y salesof 232, 000.</p>\n<p>Total production in the quarter was 238,000, about 10,000 ahead of Wedbush's and Street estimates, the analyst said.</p>\n<p>\"Taking a step back, with the chip shortage a major overhang on the auto space and logistical issues globally, these delivery numbers were \"eye-popping\" and speak&nbsp;to an EV demand trajectory that looks quite robust for Tesla heading into 4Q and 2022,\" Ives wrote in the note.</p>\n<p>Wedbush's estimate of 150,000 deliveries for September, according to the analyst, is a clear indicator of the green tidal wave taking hold for Tesla across the board. China demand may have rebounded in the quarter and will be a focus for the bulls digesting these results, he added.</p>\n<p>\"In a nutshell, these numbers are hard to poke holes in and will be a major feather in the cap for the bulls on Monday morning and should improve broader sentiment on the EV space as a whole,\" Wedbush said.</p>\n<p><b>Tesla Price Action:</b>Tesla shares closed Friday's session down 0.03% at $775.22 and were down an incremental 0.03% in after-hours trading.</p>","source":"lsy1606299360108","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 Tesla's Q3 Numbers Are 'Eye Popping' and Hard to Poke Holes In</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 Tesla's Q3 Numbers Are 'Eye Popping' and Hard to Poke Holes In\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-03 13:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/10/23207870/why-teslas-q3-numbers-are-eye-popping-and-hard-to-poke-holes-in><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla, Inc. reported Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\"\nThe Tesla Analyst:Daniel Ives ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/10/23207870/why-teslas-q3-numbers-are-eye-popping-and-hard-to-poke-holes-in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/10/23207870/why-teslas-q3-numbers-are-eye-popping-and-hard-to-poke-holes-in","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195986801","content_text":"Tesla, Inc. reported Saturday record quarterly deliveries despite the surrounding turbulence. An analyst at Wedbush Securities sees the performance as \"massive.\"\nThe Tesla Analyst:Daniel Ives maintained an Outperform rating and $1,000 price target for Tesla shares.\nThe Tesla Thesis:Tesla's third-quarter deliveries of 241,000 beat even the bull-case whisper number on the Street, analyst Ives said in a note. The strength, the analyst said, was driven byrobust Model 3/Y salesof 232, 000.\nTotal production in the quarter was 238,000, about 10,000 ahead of Wedbush's and Street estimates, the analyst said.\n\"Taking a step back, with the chip shortage a major overhang on the auto space and logistical issues globally, these delivery numbers were \"eye-popping\" and speak to an EV demand trajectory that looks quite robust for Tesla heading into 4Q and 2022,\" Ives wrote in the note.\nWedbush's estimate of 150,000 deliveries for September, according to the analyst, is a clear indicator of the green tidal wave taking hold for Tesla across the board. China demand may have rebounded in the quarter and will be a focus for the bulls digesting these results, he added.\n\"In a nutshell, these numbers are hard to poke holes in and will be a major feather in the cap for the bulls on Monday morning and should improve broader sentiment on the EV space as a whole,\" Wedbush said.\nTesla Price Action:Tesla shares closed Friday's session down 0.03% at $775.22 and were down an incremental 0.03% in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}