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KengH

KengH

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2021-12-11

This is a good piece of news. Hopefully it can continue.

US STOCKS-Wall Street gains, S&P hits record closing high as CPI meets expectations

2021-05-18

Maybe we should follow buying some PUTs [惊讶]

抱歉，原内容已删除

2021-05-05

Dogecoin [看涨] [看涨] [看涨]

抱歉，原内容已删除

2021-03-19

$Tesla Motors(TSLA)$真是的。上了又下，下了又上。。。何时能开到光明呢？

2021-03-17

$Roblox Corporation(RBLX)$有没有人和我一样觉得它是回来的？

2021-03-12

[开心]

抱歉，原内容已删除

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Hopefully it can continue.&nbsp;","listText":"This is a good piece of news. Hopefully it can continue.&nbsp;","text":"This is a good piece of news. Hopefully it can continue.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605496010","repostId":"2190767366","repostType":4,"repost":{"id":"2190767366","pubTimestamp":1639171676,"share":"https://www.laohu8.com/m/news/2190767366?lang=&edition=full","pubTime":"2021-12-11 05:27","market":"us","language":"en","title":"US STOCKS-Wall Street gains, S&P hits record closing high as CPI meets expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2190767366","media":"Reuters","summary":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news","content":"<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)</p>\n<p>* Annual CPI growth hits highest level in more than 39 years</p>\n<p>* S&amp;P registers biggest weekly percentage gain since Feb</p>\n<p>* Oracle leaps on upbeat quarterly results, outlook</p>\n<p>* Broadcom gains on buyback plan announcement</p>\n<p>* Indexes up: Dow 0.60%, S&amp;P 0.95%, Nasdaq 0.73% (Updates with closing prices, adds market details)</p>\n<p>NEW YORK, Dec 10 (Reuters) - Wall Street advanced on Friday and the S&amp;P 500 notched an all-time closing high, as market participants digested an inflation reading that was in line with consensus, but also marked the largest annual increase in consumer prices in nearly four decades.</p>\n<p>All three major U.S. stock indexes advanced, with tech shares doing the heavy lifting.</p>\n<p>The indexes all ended the session higher than last Friday's close, and the benchmark S&amp;P 500 posted its biggest weekly percentage advance since the week ended Feb. 5, as waning jitters over the Omicron coronavirus variant helped fuel a broad rally early in the week.</p>\n<p>A report from the Labor Department showed consumer prices surged last month to a 6.8% annual growth rate, the highest reading in more than 39 years.</p>\n<p>\"It would appear that today’s reaction would indicate the markets were discounting the (CPI) reading,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"The markets are always looking forward and perhaps today's reading is indicative of a peak versus a sustained level.\"</p>\n<p>Persistent inflation due to ongoing supply-chain challenges suggests the U.S. Federal Reserve could very well start tightening its accommodative monetary policy sooner than many might have hoped.</p>\n<p>\"Clearly, it’s being driven primarily by supply-chain issues,\" Said Tim Ghriskey, senior portfolio strategist at Inverness Counsel in New York. \"But it appears these issues could be easing, and over time we should see them moderate. And that should take the foot off the inflation accelerator.\"</p>\n<p>A Reuters poll of economists sees the central bank hiking key interest rates from near zero to 0.25-0.50% in the third quarter of next year, followed by another in the fourth quarter.</p>\n<p>The Fed is expected to convene next week for its two-day monetary policy meeting, which market participants will be scrutinizing for any clues regarding those rate increases along with the pace at which it will taper its bond purchases.</p>\n<p>\"The Fed is has telegraphed on tightening sooner rather than later,\" Carlson added. \"The markets are more comfortable with Fed tightening if it reduces inflation expectations.\"</p>\n<p>The graphic below shows core CPI along with other major U.S. indicators, all of which continue to soar well above the Fed's average annual 2% inflation target:</p>\n<p>The Dow Jones Industrial Average rose 216.3 points, or 0.6%, to 35,970.99, the S&amp;P 500 gained 44.57 points, or 0.95%, to 4,712.02 and the Nasdaq Composite added 113.23 points, or 0.73%, to 15,630.60.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session green, with technology and consumer staples enjoying the largest percentage jumps.</p>\n<p>Shares of software firm Oracle Corp jumped 15.6% after it forecast an upbeat third-quarter outlook.</p>\n<p>Broadcom Inc gained 8.3% following the chipmaker's announcement of a $10 billion share buyback plan.</p>\n<p>Elon Musk, chief executive of Tesla Inc, tweeted that he is \"thinking of quitting my jobs &amp; becoming an influencer full-time.\" The electric car maker's stock advanced 1.3%.</p>\n<p>Southwest Airlines dropped 3.8% after Goldman Sachs downgraded the commercial air carrier's shares to \"sell\" from \"neutral.\"</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.05-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 38 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 34 new highs and 155 new lows.</p>\n<p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 11.42 billion average over the last 20 trading days.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Devik Jain, Shreyashi Sanyal and Bansari Mayur Kamdar in Bengaluru Editing by Matthew Lewis)</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>US STOCKS-Wall Street gains, S&P hits record closing high as CPI meets expectations</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\">\nUS STOCKS-Wall Street gains, S&P hits record closing high as CPI meets expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-11 05:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-gains-212756605.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)\n* Annual CPI growth hits highest level in more than 39 years\n* S&P registers biggest ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-gains-212756605.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4079":"房地产服务","COMP":"Compass, Inc.","BK4539":"次新股","CPI":"IQ Real Return ETF"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-gains-212756605.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2190767366","content_text":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)\n* Annual CPI growth hits highest level in more than 39 years\n* S&P registers biggest weekly percentage gain since Feb\n* Oracle leaps on upbeat quarterly results, outlook\n* Broadcom gains on buyback plan announcement\n* Indexes up: Dow 0.60%, S&P 0.95%, Nasdaq 0.73% (Updates with closing prices, adds market details)\nNEW YORK, Dec 10 (Reuters) - Wall Street advanced on Friday and the S&P 500 notched an all-time closing high, as market participants digested an inflation reading that was in line with consensus, but also marked the largest annual increase in consumer prices in nearly four decades.\nAll three major U.S. stock indexes advanced, with tech shares doing the heavy lifting.\nThe indexes all ended the session higher than last Friday's close, and the benchmark S&P 500 posted its biggest weekly percentage advance since the week ended Feb. 5, as waning jitters over the Omicron coronavirus variant helped fuel a broad rally early in the week.\nA report from the Labor Department showed consumer prices surged last month to a 6.8% annual growth rate, the highest reading in more than 39 years.\n\"It would appear that today’s reaction would indicate the markets were discounting the (CPI) reading,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"The markets are always looking forward and perhaps today's reading is indicative of a peak versus a sustained level.\"\nPersistent inflation due to ongoing supply-chain challenges suggests the U.S. Federal Reserve could very well start tightening its accommodative monetary policy sooner than many might have hoped.\n\"Clearly, it’s being driven primarily by supply-chain issues,\" Said Tim Ghriskey, senior portfolio strategist at Inverness Counsel in New York. \"But it appears these issues could be easing, and over time we should see them moderate. And that should take the foot off the inflation accelerator.\"\nA Reuters poll of economists sees the central bank hiking key interest rates from near zero to 0.25-0.50% in the third quarter of next year, followed by another in the fourth quarter.\nThe Fed is expected to convene next week for its two-day monetary policy meeting, which market participants will be scrutinizing for any clues regarding those rate increases along with the pace at which it will taper its bond purchases.\n\"The Fed is has telegraphed on tightening sooner rather than later,\" Carlson added. \"The markets are more comfortable with Fed tightening if it reduces inflation expectations.\"\nThe graphic below shows core CPI along with other major U.S. indicators, all of which continue to soar well above the Fed's average annual 2% inflation target:\nThe Dow Jones Industrial Average rose 216.3 points, or 0.6%, to 35,970.99, the S&P 500 gained 44.57 points, or 0.95%, to 4,712.02 and the Nasdaq Composite added 113.23 points, or 0.73%, to 15,630.60.\nAll 11 major sectors in the S&P 500 ended the session green, with technology and consumer staples enjoying the largest percentage jumps.\nShares of software firm Oracle Corp jumped 15.6% after it forecast an upbeat third-quarter outlook.\nBroadcom Inc gained 8.3% following the chipmaker's announcement of a $10 billion share buyback plan.\nElon Musk, chief executive of Tesla Inc, tweeted that he is \"thinking of quitting my jobs & becoming an influencer full-time.\" The electric car maker's stock advanced 1.3%.\nSouthwest Airlines dropped 3.8% after Goldman Sachs downgraded the commercial air carrier's shares to \"sell\" from \"neutral.\"\nDeclining issues outnumbered advancing ones on the NYSE by a 1.05-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored decliners.\nThe S&P 500 posted 38 new 52-week highs and one new low; the Nasdaq Composite recorded 34 new highs and 155 new lows.\nVolume on U.S. exchanges was 9.60 billion shares, compared with the 11.42 billion average over the last 20 trading days.\n(Reporting by Stephen Culp in New York Additional reporting by Devik Jain, Shreyashi Sanyal and Bansari Mayur Kamdar in Bengaluru Editing by Matthew Lewis)","news_type":1},"isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":194365535,"gmtCreate":1621343884827,"gmtModify":1634192297409,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Maybe we should follow buying some PUTs&nbsp;[惊讶]&nbsp;","listText":"Maybe we should follow buying some PUTs&nbsp;[惊讶]&nbsp;","text":"Maybe we should follow buying some PUTs [惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194365535","repostId":"1187982931","repostType":4,"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":102048322,"gmtCreate":1620170870866,"gmtModify":1634207347481,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Dogecoin&nbsp;[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","listText":"Dogecoin&nbsp;[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","text":"Dogecoin [看涨] [看涨] [看涨]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102048322","repostId":"1121437206","repostType":4,"isVote":1,"tweetType":1,"viewCount":1135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":350038115,"gmtCreate":1616135482337,"gmtModify":1634527054859,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>真是的。上了又下，下了又上。。。何时能开到光明呢？","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>真是的。上了又下，下了又上。。。何时能开到光明呢？","text":"$Tesla Motors(TSLA)$真是的。上了又下，下了又上。。。何时能开到光明呢？","images":[{"img":"https://static.tigerbbs.com/cc90f6507ff01e4d281411f03372fe9c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350038115","isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":325710115,"gmtCreate":1615936264337,"gmtModify":1703495149452,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RBLX\">$Roblox Corporation(RBLX)$</a>有没有人和我一样觉得它是回来的？","listText":"<a href=\"https://laohu8.com/S/RBLX\">$Roblox Corporation(RBLX)$</a>有没有人和我一样觉得它是回来的？","text":"$Roblox Corporation(RBLX)$有没有人和我一样觉得它是回来的？","images":[{"img":"https://static.tigerbbs.com/adfdf661c0a97e2cd8d31289e87c03d4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325710115","isVote":1,"tweetType":1,"viewCount":878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":328414966,"gmtCreate":1615550134255,"gmtModify":1703490782718,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[开心]&nbsp;","listText":"[开心]&nbsp;","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328414966","repostId":"1199318380","repostType":4,"isVote":1,"tweetType":1,"viewCount":844,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":605496010,"gmtCreate":1639206552545,"gmtModify":1639206552650,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"This is a good piece of news. Hopefully it can continue.&nbsp;","listText":"This is a good piece of news. Hopefully it can continue.&nbsp;","text":"This is a good piece of news. Hopefully it can continue.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/605496010","repostId":"2190767366","repostType":4,"repost":{"id":"2190767366","pubTimestamp":1639171676,"share":"https://www.laohu8.com/m/news/2190767366?lang=&edition=full","pubTime":"2021-12-11 05:27","market":"us","language":"en","title":"US STOCKS-Wall Street gains, S&P hits record closing high as CPI meets expectations","url":"https://stock-news.laohu8.com/highlight/detail?id=2190767366","media":"Reuters","summary":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news","content":"<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)</p>\n<p>* Annual CPI growth hits highest level in more than 39 years</p>\n<p>* S&amp;P registers biggest weekly percentage gain since Feb</p>\n<p>* Oracle leaps on upbeat quarterly results, outlook</p>\n<p>* Broadcom gains on buyback plan announcement</p>\n<p>* Indexes up: Dow 0.60%, S&amp;P 0.95%, Nasdaq 0.73% (Updates with closing prices, adds market details)</p>\n<p>NEW YORK, Dec 10 (Reuters) - Wall Street advanced on Friday and the S&amp;P 500 notched an all-time closing high, as market participants digested an inflation reading that was in line with consensus, but also marked the largest annual increase in consumer prices in nearly four decades.</p>\n<p>All three major U.S. stock indexes advanced, with tech shares doing the heavy lifting.</p>\n<p>The indexes all ended the session higher than last Friday's close, and the benchmark S&amp;P 500 posted its biggest weekly percentage advance since the week ended Feb. 5, as waning jitters over the Omicron coronavirus variant helped fuel a broad rally early in the week.</p>\n<p>A report from the Labor Department showed consumer prices surged last month to a 6.8% annual growth rate, the highest reading in more than 39 years.</p>\n<p>\"It would appear that today’s reaction would indicate the markets were discounting the (CPI) reading,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"The markets are always looking forward and perhaps today's reading is indicative of a peak versus a sustained level.\"</p>\n<p>Persistent inflation due to ongoing supply-chain challenges suggests the U.S. Federal Reserve could very well start tightening its accommodative monetary policy sooner than many might have hoped.</p>\n<p>\"Clearly, it’s being driven primarily by supply-chain issues,\" Said Tim Ghriskey, senior portfolio strategist at Inverness Counsel in New York. \"But it appears these issues could be easing, and over time we should see them moderate. And that should take the foot off the inflation accelerator.\"</p>\n<p>A Reuters poll of economists sees the central bank hiking key interest rates from near zero to 0.25-0.50% in the third quarter of next year, followed by another in the fourth quarter.</p>\n<p>The Fed is expected to convene next week for its two-day monetary policy meeting, which market participants will be scrutinizing for any clues regarding those rate increases along with the pace at which it will taper its bond purchases.</p>\n<p>\"The Fed is has telegraphed on tightening sooner rather than later,\" Carlson added. \"The markets are more comfortable with Fed tightening if it reduces inflation expectations.\"</p>\n<p>The graphic below shows core CPI along with other major U.S. indicators, all of which continue to soar well above the Fed's average annual 2% inflation target:</p>\n<p>The Dow Jones Industrial Average rose 216.3 points, or 0.6%, to 35,970.99, the S&amp;P 500 gained 44.57 points, or 0.95%, to 4,712.02 and the Nasdaq Composite added 113.23 points, or 0.73%, to 15,630.60.</p>\n<p>All 11 major sectors in the S&amp;P 500 ended the session green, with technology and consumer staples enjoying the largest percentage jumps.</p>\n<p>Shares of software firm Oracle Corp jumped 15.6% after it forecast an upbeat third-quarter outlook.</p>\n<p>Broadcom Inc gained 8.3% following the chipmaker's announcement of a $10 billion share buyback plan.</p>\n<p>Elon Musk, chief executive of Tesla Inc, tweeted that he is \"thinking of quitting my jobs &amp; becoming an influencer full-time.\" The electric car maker's stock advanced 1.3%.</p>\n<p>Southwest Airlines dropped 3.8% after Goldman Sachs downgraded the commercial air carrier's shares to \"sell\" from \"neutral.\"</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.05-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored decliners.</p>\n<p>The S&amp;P 500 posted 38 new 52-week highs and <a href=\"https://laohu8.com/S/AONE.U\">one</a> new low; the Nasdaq Composite recorded 34 new highs and 155 new lows.</p>\n<p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 11.42 billion average over the last 20 trading days.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Devik Jain, Shreyashi Sanyal and Bansari Mayur Kamdar in Bengaluru Editing by Matthew Lewis)</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>US STOCKS-Wall Street gains, S&P hits record closing high as CPI meets expectations</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\">\nUS STOCKS-Wall Street gains, S&P hits record closing high as CPI meets expectations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-11 05:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/us-stocks-wall-street-gains-212756605.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)\n* Annual CPI growth hits highest level in more than 39 years\n* S&P registers biggest ...</p>\n\n<a href=\"https://finance.yahoo.com/news/us-stocks-wall-street-gains-212756605.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4079":"房地产服务","COMP":"Compass, Inc.","BK4539":"次新股","CPI":"IQ Real Return ETF"},"source_url":"https://finance.yahoo.com/news/us-stocks-wall-street-gains-212756605.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2190767366","content_text":"(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window.)\n* Annual CPI growth hits highest level in more than 39 years\n* S&P registers biggest weekly percentage gain since Feb\n* Oracle leaps on upbeat quarterly results, outlook\n* Broadcom gains on buyback plan announcement\n* Indexes up: Dow 0.60%, S&P 0.95%, Nasdaq 0.73% (Updates with closing prices, adds market details)\nNEW YORK, Dec 10 (Reuters) - Wall Street advanced on Friday and the S&P 500 notched an all-time closing high, as market participants digested an inflation reading that was in line with consensus, but also marked the largest annual increase in consumer prices in nearly four decades.\nAll three major U.S. stock indexes advanced, with tech shares doing the heavy lifting.\nThe indexes all ended the session higher than last Friday's close, and the benchmark S&P 500 posted its biggest weekly percentage advance since the week ended Feb. 5, as waning jitters over the Omicron coronavirus variant helped fuel a broad rally early in the week.\nA report from the Labor Department showed consumer prices surged last month to a 6.8% annual growth rate, the highest reading in more than 39 years.\n\"It would appear that today’s reaction would indicate the markets were discounting the (CPI) reading,\" said Chuck Carlson, chief executive officer at Horizon Investment Services in Hammond, Indiana. \"The markets are always looking forward and perhaps today's reading is indicative of a peak versus a sustained level.\"\nPersistent inflation due to ongoing supply-chain challenges suggests the U.S. Federal Reserve could very well start tightening its accommodative monetary policy sooner than many might have hoped.\n\"Clearly, it’s being driven primarily by supply-chain issues,\" Said Tim Ghriskey, senior portfolio strategist at Inverness Counsel in New York. \"But it appears these issues could be easing, and over time we should see them moderate. And that should take the foot off the inflation accelerator.\"\nA Reuters poll of economists sees the central bank hiking key interest rates from near zero to 0.25-0.50% in the third quarter of next year, followed by another in the fourth quarter.\nThe Fed is expected to convene next week for its two-day monetary policy meeting, which market participants will be scrutinizing for any clues regarding those rate increases along with the pace at which it will taper its bond purchases.\n\"The Fed is has telegraphed on tightening sooner rather than later,\" Carlson added. \"The markets are more comfortable with Fed tightening if it reduces inflation expectations.\"\nThe graphic below shows core CPI along with other major U.S. indicators, all of which continue to soar well above the Fed's average annual 2% inflation target:\nThe Dow Jones Industrial Average rose 216.3 points, or 0.6%, to 35,970.99, the S&P 500 gained 44.57 points, or 0.95%, to 4,712.02 and the Nasdaq Composite added 113.23 points, or 0.73%, to 15,630.60.\nAll 11 major sectors in the S&P 500 ended the session green, with technology and consumer staples enjoying the largest percentage jumps.\nShares of software firm Oracle Corp jumped 15.6% after it forecast an upbeat third-quarter outlook.\nBroadcom Inc gained 8.3% following the chipmaker's announcement of a $10 billion share buyback plan.\nElon Musk, chief executive of Tesla Inc, tweeted that he is \"thinking of quitting my jobs & becoming an influencer full-time.\" The electric car maker's stock advanced 1.3%.\nSouthwest Airlines dropped 3.8% after Goldman Sachs downgraded the commercial air carrier's shares to \"sell\" from \"neutral.\"\nDeclining issues outnumbered advancing ones on the NYSE by a 1.05-to-1 ratio; on Nasdaq, a 1.48-to-1 ratio favored decliners.\nThe S&P 500 posted 38 new 52-week highs and one new low; the Nasdaq Composite recorded 34 new highs and 155 new lows.\nVolume on U.S. exchanges was 9.60 billion shares, compared with the 11.42 billion average over the last 20 trading days.\n(Reporting by Stephen Culp in New York Additional reporting by Devik Jain, Shreyashi Sanyal and Bansari Mayur Kamdar in Bengaluru Editing by Matthew Lewis)","news_type":1},"isVote":1,"tweetType":1,"viewCount":407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":325710115,"gmtCreate":1615936264337,"gmtModify":1703495149452,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RBLX\">$Roblox Corporation(RBLX)$</a>有没有人和我一样觉得它是回来的？","listText":"<a href=\"https://laohu8.com/S/RBLX\">$Roblox Corporation(RBLX)$</a>有没有人和我一样觉得它是回来的？","text":"$Roblox Corporation(RBLX)$有没有人和我一样觉得它是回来的？","images":[{"img":"https://static.tigerbbs.com/adfdf661c0a97e2cd8d31289e87c03d4","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/325710115","isVote":1,"tweetType":1,"viewCount":878,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":102048322,"gmtCreate":1620170870866,"gmtModify":1634207347481,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Dogecoin&nbsp;[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","listText":"Dogecoin&nbsp;[看涨]&nbsp;[看涨]&nbsp;[看涨]&nbsp;","text":"Dogecoin [看涨] [看涨] [看涨]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102048322","repostId":"1121437206","repostType":4,"repost":{"id":"1121437206","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620141918,"share":"https://www.laohu8.com/m/news/1121437206?lang=&edition=full","pubTime":"2021-05-04 23:25","market":"us","language":"en","title":"The 'Perfect Storm' That Led Dogecoin To 60 Cents","url":"https://stock-news.laohu8.com/highlight/detail?id=1121437206","media":"Benzinga","summary":"Dogecoin's(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to t","content":"<p><b>Dogecoin's</b>(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to the 60-cent market Tuesday morning, according to CoinMarketCap data. This growth came right after the coinreporteda new all-time high of $0.45 Monday evening.</p>\n<p><b>What Happened:</b>The uptrend also closely follows Monday's&nbsp;announcementby Dave Kaval — president of Major League Baseball team Oakland Athletics — that the team processed its first Dogecoin payment in exchange for tickets in the league's history. He even invoked the #DogecoinToTheMoon hashtag while linking to the team's announcement about match seats being sold in exchange for the coin.</p>\n<p>With Tuesday's high of over $76 billion, Dogecoin's market cap surpassed the market capitalization of major companies.&nbsp;Ben Weiss — the&nbsp;CEO and co-founder of cryptocurrency ATM operator operating over 2,300 machines — explained that the primary reason behind Dogecoin's ascent is the current climate in the&nbsp;crypto market overall.</p>\n<p><b>Why It's Important:</b>Weiss&nbsp;highlighted the promotion of Dogecoin by major personalities such as<b>Tesla Inc</b>(NASDAQ:TSLA) CEO Elon Musk and Mark Cuban are other factors that largely contributed to the coin's price increasing. He also cited the crypto asset becoming more easily obtainable and&nbsp;a more surprising reason.</p>\n<p>\"Many people view Doge as the 'people's cryptocurrency' because it was created as a joke,\"&nbsp;Weiss said in an email statement.&nbsp;\"Major players and corporations are unlikely to buy in and manipulate the market or understand that it could be a viable currency. Elon has echoed this sentiment. These factors have created a perfect storm for Doge, pumping the price to where it is today.\"</p>\n<p>Dogecoin's rise comes as the total cap of the crypto asset market hasreached$2.3 trillion, making it larger than the market capitalization of any company and possibly any asset except for gold.</p>\n<p>Dogecoin itself recentlyreached&nbsp;a&nbsp;market cap of nearly $54.45 billion. And that's a currency the creator of which did not expect to go anywhere, as he showed when hesoldall of his holdings for enough to buy a used Honda Civic in 2015.</p>\n<p>Dogecoin trades around $0.5466 at publication time.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The 'Perfect Storm' That Led Dogecoin To 60 Cents</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe 'Perfect Storm' That Led Dogecoin To 60 Cents\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-04 23:25</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Dogecoin's</b>(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to the 60-cent market Tuesday morning, according to CoinMarketCap data. This growth came right after the coinreporteda new all-time high of $0.45 Monday evening.</p>\n<p><b>What Happened:</b>The uptrend also closely follows Monday's&nbsp;announcementby Dave Kaval — president of Major League Baseball team Oakland Athletics — that the team processed its first Dogecoin payment in exchange for tickets in the league's history. He even invoked the #DogecoinToTheMoon hashtag while linking to the team's announcement about match seats being sold in exchange for the coin.</p>\n<p>With Tuesday's high of over $76 billion, Dogecoin's market cap surpassed the market capitalization of major companies.&nbsp;Ben Weiss — the&nbsp;CEO and co-founder of cryptocurrency ATM operator operating over 2,300 machines — explained that the primary reason behind Dogecoin's ascent is the current climate in the&nbsp;crypto market overall.</p>\n<p><b>Why It's Important:</b>Weiss&nbsp;highlighted the promotion of Dogecoin by major personalities such as<b>Tesla Inc</b>(NASDAQ:TSLA) CEO Elon Musk and Mark Cuban are other factors that largely contributed to the coin's price increasing. He also cited the crypto asset becoming more easily obtainable and&nbsp;a more surprising reason.</p>\n<p>\"Many people view Doge as the 'people's cryptocurrency' because it was created as a joke,\"&nbsp;Weiss said in an email statement.&nbsp;\"Major players and corporations are unlikely to buy in and manipulate the market or understand that it could be a viable currency. Elon has echoed this sentiment. These factors have created a perfect storm for Doge, pumping the price to where it is today.\"</p>\n<p>Dogecoin's rise comes as the total cap of the crypto asset market hasreached$2.3 trillion, making it larger than the market capitalization of any company and possibly any asset except for gold.</p>\n<p>Dogecoin itself recentlyreached&nbsp;a&nbsp;market cap of nearly $54.45 billion. And that's a currency the creator of which did not expect to go anywhere, as he showed when hesoldall of his holdings for enough to buy a used Honda Civic in 2015.</p>\n<p>Dogecoin trades around $0.5466 at publication time.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121437206","content_text":"Dogecoin's(CRYPTO: DOGE) price increased nearly 55% from its 24-hour low of $0.3838 all the way to the 60-cent market Tuesday morning, according to CoinMarketCap data. This growth came right after the coinreporteda new all-time high of $0.45 Monday evening.\nWhat Happened:The uptrend also closely follows Monday's announcementby Dave Kaval — president of Major League Baseball team Oakland Athletics — that the team processed its first Dogecoin payment in exchange for tickets in the league's history. He even invoked the #DogecoinToTheMoon hashtag while linking to the team's announcement about match seats being sold in exchange for the coin.\nWith Tuesday's high of over $76 billion, Dogecoin's market cap surpassed the market capitalization of major companies. Ben Weiss — the CEO and co-founder of cryptocurrency ATM operator operating over 2,300 machines — explained that the primary reason behind Dogecoin's ascent is the current climate in the crypto market overall.\nWhy It's Important:Weiss highlighted the promotion of Dogecoin by major personalities such asTesla Inc(NASDAQ:TSLA) CEO Elon Musk and Mark Cuban are other factors that largely contributed to the coin's price increasing. He also cited the crypto asset becoming more easily obtainable and a more surprising reason.\n\"Many people view Doge as the 'people's cryptocurrency' because it was created as a joke,\" Weiss said in an email statement. \"Major players and corporations are unlikely to buy in and manipulate the market or understand that it could be a viable currency. Elon has echoed this sentiment. These factors have created a perfect storm for Doge, pumping the price to where it is today.\"\nDogecoin's rise comes as the total cap of the crypto asset market hasreached$2.3 trillion, making it larger than the market capitalization of any company and possibly any asset except for gold.\nDogecoin itself recentlyreached a market cap of nearly $54.45 billion. And that's a currency the creator of which did not expect to go anywhere, as he showed when hesoldall of his holdings for enough to buy a used Honda Civic in 2015.\nDogecoin trades around $0.5466 at publication time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":194365535,"gmtCreate":1621343884827,"gmtModify":1634192297409,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Maybe we should follow buying some PUTs&nbsp;[惊讶]&nbsp;","listText":"Maybe we should follow buying some PUTs&nbsp;[惊讶]&nbsp;","text":"Maybe we should follow buying some PUTs [惊讶]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194365535","repostId":"1187982931","repostType":4,"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":350038115,"gmtCreate":1616135482337,"gmtModify":1634527054859,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>真是的。上了又下，下了又上。。。何时能开到光明呢？","listText":"<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>真是的。上了又下，下了又上。。。何时能开到光明呢？","text":"$Tesla Motors(TSLA)$真是的。上了又下，下了又上。。。何时能开到光明呢？","images":[{"img":"https://static.tigerbbs.com/cc90f6507ff01e4d281411f03372fe9c","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/350038115","isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":328414966,"gmtCreate":1615550134255,"gmtModify":1703490782718,"author":{"id":"3574804818532385","authorId":"3574804818532385","name":"KengH","avatar":"https://static.tigerbbs.com/bb763095fdeeec438b7cacd7b5d8c73b","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"[开心]&nbsp;","listText":"[开心]&nbsp;","text":"[开心]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/328414966","repostId":"1199318380","repostType":4,"repost":{"id":"1199318380","pubTimestamp":1615549470,"share":"https://www.laohu8.com/m/news/1199318380?lang=&edition=full","pubTime":"2021-03-12 19:44","market":"us","language":"en","title":"Alibaba Vs. Amazon Stock: Which Is The Better Buy","url":"https://stock-news.laohu8.com/highlight/detail?id=1199318380","media":"seekingalpha","summary":"Summary\n\nThis article seeks to answer why deciding to hold Alibaba stock is so different from decidi","content":"<p><b>Summary</b></p>\n<ul>\n <li>This article seeks to answer why deciding to hold Alibaba stock is so different from deciding to hold Amazon stock.</li>\n <li>A contrast of the business opportunities for Alibaba and Amazon.</li>\n <li>Discussing why Amazon will find it hard to thrive in China to enjoy the same macro tailwinds as Alibaba.</li>\n <li>Comparing the valuation between Alibaba and Amazon.</li>\n</ul>\n<p>I have covered Alibaba (BABA) and Amazon (AMZN) both withbullish calls several times before. The two e-commerce and cloud titans have compelling investment drivers. However, I argue in this article that Alibaba is the better buy right now. That said, readers are, of course, free to make your judgment based on the facts laid out here and elsewhere.</p>\n<p>Alibaba and Amazon's business moats and threats: Why deciding to hold Alibaba stock is so different from deciding to hold Amazon stock?</p>\n<p>Alibaba Group Holding and Amazon.com, Inc. have much in common. They started in e-commerce, became the leading player in the industry in their home country, and then branched out to other related businesses, notably the cloud computing service.</p>\n<p>Amazon's moat in e-commerce has been enhanced by its Amazon Prime membership. Paid users consolidate their purchases on its platform to \"recoup\" the fees and maximize the member benefits. This in turn helps Amazon to increase its economy of scale and optimize its infrastructure. The savings made are then passed on to users partially or in full to further entice them to stay within the ecosystem.</p>\n<p>Alibaba Group began at a time when paying a regular membership fee for bundled services and/or grocery delivery was an alien concept. Paying for a Netflix (NFLX) subscription or more appropriately, an iQIYI (IQ) subscription would be unthinkable in the 2000s when video piracy was rife. However, Alibaba found it could create a moat around its e-commerce business in another way.</p>\n<p>Alibaba realized the Chinese consumers were reluctant to shop online because of rampant fraud and quality issues in the early days. It solved the problem with the creation of Alipay, now operated by Ant Group, where Alibaba Group has a 33 percent equity stake. Alipay served as an online escrow system - sellers only get paid when the shoppers did not flag any discrepancies.</p>\n<p>Alipay has since evolved to provide a multitude of services, including the payment of offline purchases of any items where the seller has a functional QR code, as well as a quick checkout process for everyday routines like online food delivery and ride-hailing. The convenience it provides led users to be \"sticky\". A series of financial products and services are also developed to leverage this advantage.</p>\n<p>All well and good. Investors love businesses with moats. Both Amazon and Alibaba have strong ones. However, the duo is threatened by government actions.</p>\n<p>Since November last year, Alibaba has been in the news mostly for the wrong reasons. Co-founder Jack Ma berated the regulators and days after, the&nbsp;IPO of Ant Group was suspended. The authorities stepped up on&nbsp;antitrust investigations, impacting both Ant Group and the e-commerce operations of Alibaba, spooking market players. Speculators also kept themselves busy with&nbsp;conspiracy theories&nbsp;as Jack Ma went \"missing\".</p>\n<p>In the final days of the Trump administration, BABA stock was also under pressure by talks of an outright investment ban, as if&nbsp;The Holding Foreign Companies Accountable Act&nbsp;wasn't damaging enough. Nevertheless, looking at the swoon the share price was subjected to in the final two months of 2020, perhaps most of the disgruntled shareholders have already sold out of the stock, leaving \"diamond hands\" holding BABA, in Reddit-speak.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d8fa027998f78e5fc2bc309eeec5daa3\" tg-width=\"640\" tg-height=\"230\"><span>Source: Alibaba Group</span></p>\n<p>That would explain the more than 16 percent gain BABA stock achieved year-to-date prior to the correction plaguing technology and internet stocks in the past weeks. In contrast, AMZN was largely flat in the same period and is down 6.1 percent YTD even as BABA manages to be up 2.3 percent.</p>\n<p><img src=\"https://static.tigerbbs.com/4564327bd423c5bfa1f12c0adc39895e\" tg-width=\"640\" tg-height=\"447\"></p>\n<p>Critics may cry foul that I missed out on the mention of its VIE structure. However, readers would agree with me that the issue has been repeated ad nauseam that I doubt the risk has yet to be priced in the shares.</p>\n<p>On the contrary, the looming government scrutiny on U.S. tech companies including Amazon seems to be neglected by the market. For instance, President Joseph Biden decided to assign Tim Wu, a leader in the progressive movement to break up Big Tech, to the National Economic Council. Wu's signature warning is \"The antitrust winter is over.\"</p>\n<p>Reports are now circulating that President Biden has planned to nominate Lina Khan, a legal scholar who has argued for tougher antitrust enforcement against big tech companies, to the Federal Trade Commission. With Amazon's size and market reach, it is bound to be within the crosshairs of the regulators. It is telling that Khan wrote in 2017 a Yale Law Journal article titled \"Amazon’s Antitrust Paradox,\" the failure of the antitrust law in the current form in addressing the scope of Amazon's market power.</p>\n<p>The shareholders of Alibaba would need to think if the risks are already priced into the stock while the shareholders of Amazon would need to face the prospect of the company tackling a harsher regulatory environment.</p>\n<p><b>Business opportunities for Alibaba and Amazon</b></p>\n<p>Alibaba Group is the leading cloud provider in China by far. According to industry consultant Canalys, Alibaba has 40.9 percent of China's cloud infrastructure spend in Q3 2020. The next largest player, Huawei, has less than half that market share at 16.2 percent. Tencent follows closely at 15.8 percent.</p>\n<p>Alibaba's large market share puts it in good stead to ride the growth in China's cloud computing market that is&nbsp;forecasted&nbsp;to grow at a compound annual growth rate of 7.2 percent to reach US$63.7 billion in 2024. Worldwide, Alibaba Cloud has been steadily increasing its market share. It managed to leapfrog IBM (IBM) last year. On the other hand, while Amazon is the global cloud giant, Microsoft (MSFT) and Google (GOOG)(GOOGL) are fast challenging its dominant position.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/72aad8215c073889854f44a4b77dfa70\" tg-width=\"640\" tg-height=\"424\"><span>Source: Synergy Research Group</span></p>\n<p>Alibaba is also the undisputed largest e-commerce player in the world's most populous nation. Although it may seem like online shopping is highly prevalent in China for a long time, retail e-commerce sales were only around one-third of the total retail sales in the country in 2019. The pandemic accelerated the shift from offline to online and bumped the percentage to 44.8 percent last year. eMarketer predicts that the share of online shopping will continue to grow steadily in the next few years to reach 58.1 percent in 2024.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c4c5948d66c634211e32ca9e0fddbc95\" tg-width=\"581\" tg-height=\"593\"><span>Source: eMarketer</span></p>\n<p>On the other hand, while Amazon is the e-commerce leader by far in the U.S., it is in a market where retail e-commerce sales are growing at a relative snail's pace. After a spectacular 2020, the retail e-commerce sales in the U.S. are estimated to grow at just 6.1 percent this year. In contrast, China's retail e-commerce sales are projected to grow more than three times faster at 21 percent, despite a base nearly thrice that of the U.S.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b81e6fcf086d0f5fb4ad468cd4756e74\" tg-width=\"588\" tg-height=\"590\"><span>Source: eMarketer</span></p>\n<p>On a macro level and a longer-term consideration, Alibaba's home base is also in a sweet spot. According to a group of scholars from the prestigious Tsinghua University, the per capita GDP of China would more than triple by 2050, rising from USD18,291 to USD60,948 in 2050, almost double that of the world. This bodes well for the growth prospects of Alibaba Group. In the same period, the per capita GDP of the U.S. is projected to increase by a mere 52 percent, although that would still be higher than that of China.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/094e348d10db48ae3b25731df4608c77\" tg-width=\"640\" tg-height=\"432\"><span>Source: 2050 China - Becoming a Great Modern Socialist Country</span></p>\n<p>Despite the brighter opportunities, Alibaba's market cap is less than half that of Amazon. Alibaba is also deemed to be undervalued based on valuation metrics as we will explore in the subsequent sections. Before that, I recognize there are fast-thinking readers who are wondering: what if Amazon could expand in China and enjoy the macro tailwinds as Alibaba is doing?</p>\n<p><img src=\"https://static.tigerbbs.com/75001d2689cb56434e70f83515396c38\" tg-width=\"640\" tg-height=\"545\"></p>\n<p>Could Amazon excel in China?</p>\n<p>This is a very interesting topic to explore and deserves a separate article. Nevertheless, as this is relevant to the comparison, I hope to briefly outline the key points to get the discussion going.</p>\n<p>It is possible that American firms succeed in China. There are many examples such as Starbucks (SBUX), McDonald's (MCD), YUM! Brands (YUM), Nike (NKE), Microsoft, and Mettler Toledo (MTD), just to name a few. The most prominent brands in recent years doing well in China include Tesla (TSLA) and Lululemon (LULU).</p>\n<p>However, we also have many precedents of American firms failing to master the competitive landscape in China or were unwilling to comply with the local laws. Yahoo and eBay (EBAY) belong to the former while Alphabet's Google and Facebook (FB) are some examples of the latter.</p>\n<p>In terms of retail, the closest matches are Walmart (WMT) and Target Corporation (TGT). The two are striving in China, so wouldn't Amazon too? It's possible but I see several obstacles.</p>\n<p>Firstly, the management of those companies who do well in China tends to be effusive in their praises for the country and its government (e.g. Elon Musk). They also do not get involved in political commentary whether in China or anywhere else.</p>\n<p>Unfortunately, Jeff Bezos, the founder of Amazon, has been long known to be active in doing his political \"talking\" with his checkbook. Don't believe me? Try Googling \"Jeff Bezos politics\" and see for yourself the search results. Would he be able to stay quiet as Amazon expands its presence in China while staying out of trouble?</p>\n<p>Secondly, many of the U.S. companies growing in China are consumer brands where a Chinese equivalent isn't just the same thing. Sure, the latter has a huge market as well, like how Li Ning (OTCPK:LNNGF)(OTCPK:LNNGY) can grow together with Nike and adidas (OTCQX:ADDDF)(OTCQX:ADDYY), whereas the failure of Luckin Coffee (OTCPK:LKNCY) showed how difficult it is to unseat Starbucks, the King of Coffee.</p>\n<p>Amazon, while it has several house brands, is essentially a platform and operates in the harsh internet sector. There is already ultra stiff competition among Chinese e-commerce and cloud players resulting in&nbsp;heavy losses to gain market share. The business climate is so challenging that there were recent&nbsp;reports of suicides&nbsp;stemming from Pinduoduo (PDD). If the domestic firms are already working to their necks, could Amazon with its American style of operation thrive or even survive in the tough environment?</p>\n<p>Jeff Bezos&nbsp;admitted&nbsp;as much about how Amazon failed in China in past interviews: \"We mostly tried to roll out what worked well for us in Japan, Germany, the U.K., Spain, France, Italy, the U.S., etc., and it needed more local market customization.\"</p>\n<p>Chinese commentary also revealed that Amazon China's inept challenge to local rivals stemmed from the insistence of decision-making tightly controlled by the U.S. headquarters where the China team merely played the role of executioner. A flaw business strategy will be difficult to succeed however excellent the execution is. Things may have changed but there is nothing in recent news flow to suggest otherwise.</p>\n<p>Thirdly, e-commerce companies in China rely on a multitude of drivers to support the core online shopping business. There is the mobile payment (Alipay for Alibaba), massive logistics (Cainiao, among others, for Alibaba), livestreaming (Taobao Live for Alibaba), as well as affiliated businesses like travel booking site Fliggy and food delivery Ele.me to keep users within the ecosystem.</p>\n<p>How long would Amazon take to build that scale of ecosystem? How much money would that require? Is the company prepared to invest billions upon billions as the Chinese internet companies have done? Even if it's willing, there is no guarantee it can match the competition as the existing players continue to innovate.</p>\n<p>Thus, I found it improbable that Amazon could enjoy the same macro tailwinds as Alibaba, leaving the question of why the latter remains undervalued.</p>\n<p><b>Valuation comparison between Alibaba and Amazon stocks</b></p>\n<p>Seeking Alpha Premium users would know the platform provides a neat valuation tool for a convenient comparison of two or more stocks. I lay out a snapshot as follows, where the green shaded boxes indicate the preferred metric value.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/426f7dbdf950dbb15525ed9b3ecef15d\" tg-width=\"553\" tg-height=\"666\"><span>Source: Seeking Alpha Premium data (March 9, 2021), tabulated by ALT Perspective</span></p>\n<p>At one glance, it's easy to see that BABA stock is attractive both on the key earnings metrics P/E and PEG ratios. It is also very cheap on the price-to-book ratio as compared to Amazon. In terms of liquidity metrics, Alibaba is also superior to Amazon. Of course, Amazon has its strengths too, winning on price-to-sales ratio and historical EBITDA growth, among others.</p>\n<p>As the stock market indices continue to register new record highs, echoes of the 2000 internet bubble bursting are ringing loudly. However, it bears noting that a cash crunch in many dot-com businesses was a key trigger in the meltdown. Today, internet companies like Alibaba and Amazon are cash-rich.</p>\n<p>Based on the last quarterly reports, both Alibaba and Amazon coincidentally have net cash of around $53 billion each. Given that Alibaba has a smaller enterprise value, that net cash is a larger part of Alibaba (8.8 percent) than it is for Amazon (3.3 percent).</p>\n<p><img src=\"https://static.tigerbbs.com/a7dde2a0163b4d9a643996deb42cccf5\" tg-width=\"640\" tg-height=\"526\"></p>\n<p>At the same time, Alibaba has a higher free cash flow in the past two quarters than Amazon. If that becomes a trend, the market would come to recognize the money-generator Alibaba is and reward the company accordingly.</p>\n<p><img src=\"https://static.tigerbbs.com/770fe6851839c58261ac20e30df5f202\" tg-width=\"640\" tg-height=\"466\"></p>\n<p><b>Should you buy Alibaba or Amazon stock?</b></p>\n<p>Of course, having read this article until this point, you know my bias is towards Alibaba. However, I do recognize Amazon can provide capital appreciation to investors as well. It is just that comparing the two stocks as I did in the earlier sections, Alibaba seems more compelling to me at this point.</p>\n<p>Wall Street analysts seem to agree. The consensus price target for Alibaba is at $325, an upside of 44 percent. In contrast, Amazon has a lower, albeit still attractive, upside of 37 percent. What is your take? Share your thoughts with the Seeking Alpha community in the comments field.</p>\n<p><img src=\"https://static.tigerbbs.com/82d8c8505a1b98860506d8b9a46dee77\" tg-width=\"640\" tg-height=\"546\"></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alibaba Vs. Amazon Stock: Which Is The Better Buy</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\">\nAlibaba Vs. Amazon Stock: Which Is The Better Buy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-12 19:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4413411-alibaba-vs-amazon-stock-which-is-better-buy-><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThis article seeks to answer why deciding to hold Alibaba stock is so different from deciding to hold Amazon stock.\nA contrast of the business opportunities for Alibaba and Amazon.\nDiscussing...</p>\n\n<a href=\"https://seekingalpha.com/article/4413411-alibaba-vs-amazon-stock-which-is-better-buy-\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","AMZN":"亚马逊"},"source_url":"https://seekingalpha.com/article/4413411-alibaba-vs-amazon-stock-which-is-better-buy-","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1199318380","content_text":"Summary\n\nThis article seeks to answer why deciding to hold Alibaba stock is so different from deciding to hold Amazon stock.\nA contrast of the business opportunities for Alibaba and Amazon.\nDiscussing why Amazon will find it hard to thrive in China to enjoy the same macro tailwinds as Alibaba.\nComparing the valuation between Alibaba and Amazon.\n\nI have covered Alibaba (BABA) and Amazon (AMZN) both withbullish calls several times before. The two e-commerce and cloud titans have compelling investment drivers. However, I argue in this article that Alibaba is the better buy right now. That said, readers are, of course, free to make your judgment based on the facts laid out here and elsewhere.\nAlibaba and Amazon's business moats and threats: Why deciding to hold Alibaba stock is so different from deciding to hold Amazon stock?\nAlibaba Group Holding and Amazon.com, Inc. have much in common. They started in e-commerce, became the leading player in the industry in their home country, and then branched out to other related businesses, notably the cloud computing service.\nAmazon's moat in e-commerce has been enhanced by its Amazon Prime membership. Paid users consolidate their purchases on its platform to \"recoup\" the fees and maximize the member benefits. This in turn helps Amazon to increase its economy of scale and optimize its infrastructure. The savings made are then passed on to users partially or in full to further entice them to stay within the ecosystem.\nAlibaba Group began at a time when paying a regular membership fee for bundled services and/or grocery delivery was an alien concept. Paying for a Netflix (NFLX) subscription or more appropriately, an iQIYI (IQ) subscription would be unthinkable in the 2000s when video piracy was rife. However, Alibaba found it could create a moat around its e-commerce business in another way.\nAlibaba realized the Chinese consumers were reluctant to shop online because of rampant fraud and quality issues in the early days. It solved the problem with the creation of Alipay, now operated by Ant Group, where Alibaba Group has a 33 percent equity stake. Alipay served as an online escrow system - sellers only get paid when the shoppers did not flag any discrepancies.\nAlipay has since evolved to provide a multitude of services, including the payment of offline purchases of any items where the seller has a functional QR code, as well as a quick checkout process for everyday routines like online food delivery and ride-hailing. The convenience it provides led users to be \"sticky\". A series of financial products and services are also developed to leverage this advantage.\nAll well and good. Investors love businesses with moats. Both Amazon and Alibaba have strong ones. However, the duo is threatened by government actions.\nSince November last year, Alibaba has been in the news mostly for the wrong reasons. Co-founder Jack Ma berated the regulators and days after, the IPO of Ant Group was suspended. The authorities stepped up on antitrust investigations, impacting both Ant Group and the e-commerce operations of Alibaba, spooking market players. Speculators also kept themselves busy with conspiracy theories as Jack Ma went \"missing\".\nIn the final days of the Trump administration, BABA stock was also under pressure by talks of an outright investment ban, as if The Holding Foreign Companies Accountable Act wasn't damaging enough. Nevertheless, looking at the swoon the share price was subjected to in the final two months of 2020, perhaps most of the disgruntled shareholders have already sold out of the stock, leaving \"diamond hands\" holding BABA, in Reddit-speak.\nSource: Alibaba Group\nThat would explain the more than 16 percent gain BABA stock achieved year-to-date prior to the correction plaguing technology and internet stocks in the past weeks. In contrast, AMZN was largely flat in the same period and is down 6.1 percent YTD even as BABA manages to be up 2.3 percent.\n\nCritics may cry foul that I missed out on the mention of its VIE structure. However, readers would agree with me that the issue has been repeated ad nauseam that I doubt the risk has yet to be priced in the shares.\nOn the contrary, the looming government scrutiny on U.S. tech companies including Amazon seems to be neglected by the market. For instance, President Joseph Biden decided to assign Tim Wu, a leader in the progressive movement to break up Big Tech, to the National Economic Council. Wu's signature warning is \"The antitrust winter is over.\"\nReports are now circulating that President Biden has planned to nominate Lina Khan, a legal scholar who has argued for tougher antitrust enforcement against big tech companies, to the Federal Trade Commission. With Amazon's size and market reach, it is bound to be within the crosshairs of the regulators. It is telling that Khan wrote in 2017 a Yale Law Journal article titled \"Amazon’s Antitrust Paradox,\" the failure of the antitrust law in the current form in addressing the scope of Amazon's market power.\nThe shareholders of Alibaba would need to think if the risks are already priced into the stock while the shareholders of Amazon would need to face the prospect of the company tackling a harsher regulatory environment.\nBusiness opportunities for Alibaba and Amazon\nAlibaba Group is the leading cloud provider in China by far. According to industry consultant Canalys, Alibaba has 40.9 percent of China's cloud infrastructure spend in Q3 2020. The next largest player, Huawei, has less than half that market share at 16.2 percent. Tencent follows closely at 15.8 percent.\nAlibaba's large market share puts it in good stead to ride the growth in China's cloud computing market that is forecasted to grow at a compound annual growth rate of 7.2 percent to reach US$63.7 billion in 2024. Worldwide, Alibaba Cloud has been steadily increasing its market share. It managed to leapfrog IBM (IBM) last year. On the other hand, while Amazon is the global cloud giant, Microsoft (MSFT) and Google (GOOG)(GOOGL) are fast challenging its dominant position.\nSource: Synergy Research Group\nAlibaba is also the undisputed largest e-commerce player in the world's most populous nation. Although it may seem like online shopping is highly prevalent in China for a long time, retail e-commerce sales were only around one-third of the total retail sales in the country in 2019. The pandemic accelerated the shift from offline to online and bumped the percentage to 44.8 percent last year. eMarketer predicts that the share of online shopping will continue to grow steadily in the next few years to reach 58.1 percent in 2024.\nSource: eMarketer\nOn the other hand, while Amazon is the e-commerce leader by far in the U.S., it is in a market where retail e-commerce sales are growing at a relative snail's pace. After a spectacular 2020, the retail e-commerce sales in the U.S. are estimated to grow at just 6.1 percent this year. In contrast, China's retail e-commerce sales are projected to grow more than three times faster at 21 percent, despite a base nearly thrice that of the U.S.\nSource: eMarketer\nOn a macro level and a longer-term consideration, Alibaba's home base is also in a sweet spot. According to a group of scholars from the prestigious Tsinghua University, the per capita GDP of China would more than triple by 2050, rising from USD18,291 to USD60,948 in 2050, almost double that of the world. This bodes well for the growth prospects of Alibaba Group. In the same period, the per capita GDP of the U.S. is projected to increase by a mere 52 percent, although that would still be higher than that of China.\nSource: 2050 China - Becoming a Great Modern Socialist Country\nDespite the brighter opportunities, Alibaba's market cap is less than half that of Amazon. Alibaba is also deemed to be undervalued based on valuation metrics as we will explore in the subsequent sections. Before that, I recognize there are fast-thinking readers who are wondering: what if Amazon could expand in China and enjoy the macro tailwinds as Alibaba is doing?\n\nCould Amazon excel in China?\nThis is a very interesting topic to explore and deserves a separate article. Nevertheless, as this is relevant to the comparison, I hope to briefly outline the key points to get the discussion going.\nIt is possible that American firms succeed in China. There are many examples such as Starbucks (SBUX), McDonald's (MCD), YUM! Brands (YUM), Nike (NKE), Microsoft, and Mettler Toledo (MTD), just to name a few. The most prominent brands in recent years doing well in China include Tesla (TSLA) and Lululemon (LULU).\nHowever, we also have many precedents of American firms failing to master the competitive landscape in China or were unwilling to comply with the local laws. Yahoo and eBay (EBAY) belong to the former while Alphabet's Google and Facebook (FB) are some examples of the latter.\nIn terms of retail, the closest matches are Walmart (WMT) and Target Corporation (TGT). The two are striving in China, so wouldn't Amazon too? It's possible but I see several obstacles.\nFirstly, the management of those companies who do well in China tends to be effusive in their praises for the country and its government (e.g. Elon Musk). They also do not get involved in political commentary whether in China or anywhere else.\nUnfortunately, Jeff Bezos, the founder of Amazon, has been long known to be active in doing his political \"talking\" with his checkbook. Don't believe me? Try Googling \"Jeff Bezos politics\" and see for yourself the search results. Would he be able to stay quiet as Amazon expands its presence in China while staying out of trouble?\nSecondly, many of the U.S. companies growing in China are consumer brands where a Chinese equivalent isn't just the same thing. Sure, the latter has a huge market as well, like how Li Ning (OTCPK:LNNGF)(OTCPK:LNNGY) can grow together with Nike and adidas (OTCQX:ADDDF)(OTCQX:ADDYY), whereas the failure of Luckin Coffee (OTCPK:LKNCY) showed how difficult it is to unseat Starbucks, the King of Coffee.\nAmazon, while it has several house brands, is essentially a platform and operates in the harsh internet sector. There is already ultra stiff competition among Chinese e-commerce and cloud players resulting in heavy losses to gain market share. The business climate is so challenging that there were recent reports of suicides stemming from Pinduoduo (PDD). If the domestic firms are already working to their necks, could Amazon with its American style of operation thrive or even survive in the tough environment?\nJeff Bezos admitted as much about how Amazon failed in China in past interviews: \"We mostly tried to roll out what worked well for us in Japan, Germany, the U.K., Spain, France, Italy, the U.S., etc., and it needed more local market customization.\"\nChinese commentary also revealed that Amazon China's inept challenge to local rivals stemmed from the insistence of decision-making tightly controlled by the U.S. headquarters where the China team merely played the role of executioner. A flaw business strategy will be difficult to succeed however excellent the execution is. Things may have changed but there is nothing in recent news flow to suggest otherwise.\nThirdly, e-commerce companies in China rely on a multitude of drivers to support the core online shopping business. There is the mobile payment (Alipay for Alibaba), massive logistics (Cainiao, among others, for Alibaba), livestreaming (Taobao Live for Alibaba), as well as affiliated businesses like travel booking site Fliggy and food delivery Ele.me to keep users within the ecosystem.\nHow long would Amazon take to build that scale of ecosystem? How much money would that require? Is the company prepared to invest billions upon billions as the Chinese internet companies have done? Even if it's willing, there is no guarantee it can match the competition as the existing players continue to innovate.\nThus, I found it improbable that Amazon could enjoy the same macro tailwinds as Alibaba, leaving the question of why the latter remains undervalued.\nValuation comparison between Alibaba and Amazon stocks\nSeeking Alpha Premium users would know the platform provides a neat valuation tool for a convenient comparison of two or more stocks. I lay out a snapshot as follows, where the green shaded boxes indicate the preferred metric value.\nSource: Seeking Alpha Premium data (March 9, 2021), tabulated by ALT Perspective\nAt one glance, it's easy to see that BABA stock is attractive both on the key earnings metrics P/E and PEG ratios. It is also very cheap on the price-to-book ratio as compared to Amazon. In terms of liquidity metrics, Alibaba is also superior to Amazon. Of course, Amazon has its strengths too, winning on price-to-sales ratio and historical EBITDA growth, among others.\nAs the stock market indices continue to register new record highs, echoes of the 2000 internet bubble bursting are ringing loudly. However, it bears noting that a cash crunch in many dot-com businesses was a key trigger in the meltdown. Today, internet companies like Alibaba and Amazon are cash-rich.\nBased on the last quarterly reports, both Alibaba and Amazon coincidentally have net cash of around $53 billion each. Given that Alibaba has a smaller enterprise value, that net cash is a larger part of Alibaba (8.8 percent) than it is for Amazon (3.3 percent).\n\nAt the same time, Alibaba has a higher free cash flow in the past two quarters than Amazon. If that becomes a trend, the market would come to recognize the money-generator Alibaba is and reward the company accordingly.\n\nShould you buy Alibaba or Amazon stock?\nOf course, having read this article until this point, you know my bias is towards Alibaba. However, I do recognize Amazon can provide capital appreciation to investors as well. It is just that comparing the two stocks as I did in the earlier sections, Alibaba seems more compelling to me at this point.\nWall Street analysts seem to agree. The consensus price target for Alibaba is at $325, an upside of 44 percent. In contrast, Amazon has a lower, albeit still attractive, upside of 37 percent. What is your take? Share your thoughts with the Seeking Alpha community in the comments field.","news_type":1},"isVote":1,"tweetType":1,"viewCount":844,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}