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2021-11-11

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2021-10-14

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2021-09-22

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Gaotu Techedu Announces Second Quarter of 2021 Unaudited Financial Results and Change to Board Composition

2021-08-27

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Snowflake: Why Jim Cramer Thinks Every Fortune 500 Company Will Be a Customer

2021-08-05

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2021-07-01

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Look back to the first half of the year: U.S. stock indexs hit record high, these stocks are winner

2021-06-30

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Singapore Central Bank Is ‘Highly Vigilant’ on Home Prices

2021-06-29

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NIO Stock Is Going Nuts. This Is the Best Explanation.

2021-06-27

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5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021

2021-06-26

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These Stocks Could Have ‘Significant Upside’ From Infrastructure Spending

2021-06-25

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2021-06-24

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The Fed's Inflation Gamble Continues

2021-06-22

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Nissan CEO says performance for April, May better than expected

2021-06-21

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2021-06-19

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Dow falls more than 500 points to close out its worst week since October

2021-06-18

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Malaysia’s Carsome Weighs U.S. Listing With SPAC as Option

2021-06-18

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Alibaba Stock: The Bottoming Process Looks To Be Forming Already

2021-06-16

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It’s time to be smart like Soros in the ‘blow-off’ stage of the bull market in stocks

2021-06-15

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2021-06-14

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A Meme Stock Is Born: How to Spot the Next Reddit Favorite

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(NYSE: GOTU) (\"Gaotu\" or the \"Company\"), ","content":"<p>BEIJING, Sept. 22, 2021 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) (\"Gaotu\" or the \"Company\"), a leading online large-class tutoring service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.</p>\n<p><b>Second Quarter 2021 Highlights[1]</b></p>\n<ul>\n <li><b>Net revenues </b>was RMB2,232.3 million, a 35.3% year-over-year increase.</li>\n <ul>\n  <li><i>Net revenues of online K-12 courses increased 51.0% year-over-year to RMB2,091.4 million.</i></li>\n </ul>\n <li><b>Gross billings</b>[2] was RMB2,694.7 million, a 12.2% year-over-year increase.</li>\n <ul>\n  <li><i>Gross billings of online K-12 courses increased 17.2% year-over-year to RMB2,574.5 million. </i></li>\n </ul>\n <li><b>Paid course enrollments</b>[3] increased 4.1% year-over-year to 1,631 thousand.</li>\n <ul>\n  <li><i>Paid course enrollments of online K-12 increased 4.5% year-over-year to 1,563 thousand.</i></li>\n </ul>\n <li><b>Net loss</b> was RMB918.8 million, compared with net income of RMB18.6 million in the same period of 2020.</li>\n <li><b>Non-GAAP net loss</b> was RMB763.9 million, compared with non-GAAP net income of RMB72.7 million in the same period of 2020.</li>\n <li><b>Deferred revenue </b>was RMB1,976.4 million, compared with RMB2,733.7 million as of December 31, 2020.</li>\n</ul>\n<table border=\"0\">\n <tbody>\n  <tr>\n   <td colspan=\"6\"><p><b>Second Quarter 2021 Key Financial and Operating Data</b></p></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><p>(In thousands of RMB, except for paid course enrollments and percentages)</p></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><p>Three Months Ended June 30,</p></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><p>2020</p></td>\n   <td></td>\n   <td><p>2021</p></td>\n   <td></td>\n   <td><p>Pct. Change</p></td>\n  </tr>\n  <tr>\n   <td><p>Net revenues</p></td>\n   <td><p>1,650,314</p></td>\n   <td></td>\n   <td><p>2,232,254</p></td>\n   <td></td>\n   <td><p>35.3%</p></td>\n  </tr>\n  <tr>\n   <td><p><i>K-12 courses</i></p></td>\n   <td><p><i>1,384,968</i></p></td>\n   <td></td>\n   <td><p><i>2,091,355</i></p></td>\n   <td></td>\n   <td><p><i>51.0%</i></p></td>\n  </tr>\n  <tr>\n   <td><p><i>Foreign language, professional, admission and other services</i></p></td>\n   <td><p><i>265,346</i></p></td>\n   <td></td>\n   <td><p><i>140,899</i></p></td>\n   <td></td>\n   <td><p><i>(46.9%)</i></p></td>\n  </tr>\n  <tr>\n   <td><p>Gross billings</p></td>\n   <td><p>2,400,996</p></td>\n   <td></td>\n   <td><p>2,694,732</p></td>\n   <td></td>\n   <td><p>12.2%</p></td>\n  </tr>\n  <tr>\n   <td><p><i>K-12 courses</i></p></td>\n   <td><p><i>2,196,077</i></p></td>\n   <td></td>\n   <td><p><i>2,574,536</i></p></td>\n   <td></td>\n   <td><p><i>17.2%</i></p></td>\n  </tr>\n  <tr>\n   <td><p><i>Foreign language, professional, admission and other services</i></p></td>\n   <td><p><i>204,919</i></p></td>\n   <td></td>\n   <td><p><i>120,196</i></p></td>\n   <td></td>\n   <td><p><i>(41.3%)</i></p></td>\n  </tr>\n  <tr>\n   <td><p>Paid course enrollments<i> (In thousands)</i></p></td>\n   <td><p>1,567</p></td>\n   <td></td>\n   <td><p>1,631</p></td>\n   <td></td>\n   <td><p>4.1%</p></td>\n  </tr>\n  <tr>\n   <td><p><i>K-12 courses</i></p></td>\n   <td><p><i>1,496</i></p></td>\n   <td></td>\n   <td><p><i>1,563</i></p></td>\n   <td></td>\n   <td><p><i>4.5%</i></p></td>\n  </tr>\n  <tr>\n   <td><p><i>Foreign language, professional, admission and other services</i></p></td>\n   <td><p><i>71</i></p></td>\n   <td></td>\n   <td><p><i>68</i></p></td>\n   <td></td>\n   <td><p><i>(4.2)%</i></p></td>\n  </tr>\n  <tr>\n   <td><p>Net income (loss)</p></td>\n   <td><p>18,627</p></td>\n   <td></td>\n   <td><p>(918,791)</p></td>\n   <td></td>\n   <td><p>NM</p></td>\n  </tr>\n  <tr>\n   <td><p>Non-GAAP net income (loss)</p></td>\n   <td><p>72,712</p></td>\n   <td></td>\n   <td><p>(763,890)</p></td>\n   <td></td>\n   <td><p>NM</p></td>\n  </tr>\n </tbody>\n</table>\n<table border=\"0\">\n <tbody>\n  <tr>\n   <td><p>[1] For a reconciliation of non-GAAP numbers, please see the table captioned \"Reconciliations of non-GAAP measures to the most comparable GAAP measures\" at the end of this press release. Non-GAAP income (loss) from operations, non-GAAP net income (loss) exclude share-based compensation expenses.</p></td>\n  </tr>\n  <tr>\n   <td><p>[2] Gross billings is a non-GAAP financial measure, which is defined as the total amount of cash received for the sale of course offerings in such period, net of the total amount of refunds in such period. See \"About Non-GAAP Financial Measures\" and \"Reconciliations of non-GAAP measures to the most comparable GAAP measures\" elsewhere in this press release.</p></td>\n  </tr>\n  <tr>\n   <td><p>[3] Paid course enrollments for a certain period refer to the cumulative number of paid courses enrolled in and paid for by our students, including multiple paid courses enrolled in and paid for by the same student. Paid courses refer to our courses that are charged not less than RMB99.0 per course in fees.</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Six Months Ended June 30, 2021 Highlights</b></p>\n<ul>\n <li><b>Net revenues </b>was RMB4,172.6 million, a 41.5% year-over-year increase.</li>\n <ul>\n  <li><i>Net revenues of online K-12 courses increased 56.0% year-over-year to RMB3,907.6 million.</i></li>\n </ul>\n <li><b>Gross billings </b>was RMB3,876.1 million, a 2.7% year-over-year increase.</li>\n <ul>\n  <li><i>Gross billings of online K-12 courses increased 8.8% year-over-year to RMB3,577.1 million. </i></li>\n </ul>\n <li><b>Paid course enrollments</b> increased 2.4% year-over-year to 2,398 thousand.</li>\n <ul>\n  <li><i>Paid course enrollments of online K-12 increased 2.4% year-over-year to 2,195 thousand.</i></li>\n </ul>\n <li><b>Net loss</b> was RMB2,344.7 million, compared with net income of RMB166.6 million in the same period of 2020.</li>\n <li><b>Non-GAAP net loss</b> was RMB2,093.3 million, compared with non-GAAP net income of RMB263.5 million in the same period of 2020.</li>\n</ul>\n<table border=\"0\">\n <tbody>\n  <tr>\n   <td colspan=\"6\"><p><b>First Six Months of 2021 Key Financial and Operating Data</b></p></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"><p>(In thousands of RMB, except for paid course enrollments and percentages)</p></td>\n  </tr>\n  <tr>\n   <td colspan=\"6\"></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td colspan=\"5\"><p>Six Months Ended June 30,</p></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td><p>2020</p></td>\n   <td></td>\n   <td><p>2021</p></td>\n   <td></td>\n   <td><p>Pct. Change </p></td>\n  </tr>\n  <tr>\n   <td><p>Net revenues </p></td>\n   <td><p>2,947,894</p></td>\n   <td></td>\n   <td><p>4,172,597</p></td>\n   <td></td>\n   <td><p>41.5%</p></td>\n  </tr>\n  <tr>\n   <td><p><i>K-12 courses</i></p></td>\n   <td><p><i>2,505,057</i></p></td>\n   <td></td>\n   <td><p><i>3,907,626</i></p></td>\n   <td></td>\n   <td><p><i>56.0%</i></p></td>\n  </tr>\n  <tr>\n   <td><p><i>Foreign language, professional, admission and other services </i></p></td>\n   <td><p><i>442,837</i></p></td>\n   <td></td>\n   <td><p><i>264,971</i></p></td>\n   <td></td>\n   <td><p><i>(40.2)%</i></p></td>\n  </tr>\n  <tr>\n   <td><p>Gross billings </p></td>\n   <td><p>3,775,395</p></td>\n   <td></td>\n   <td><p>3,876,074</p></td>\n   <td></td>\n   <td><p>2.7%</p></td>\n  </tr>\n  <tr>\n   <td><p><i>K-12 courses</i></p></td>\n   <td><p><i>3,286,669</i></p></td>\n   <td></td>\n   <td><p><i>3,577,148</i></p></td>\n   <td></td>\n   <td><p><i>8.8%</i></p></td>\n  </tr>\n  <tr>\n   <td><p><i>Foreign language, professional, admission and other services </i></p></td>\n   <td><p><i>488,726</i></p></td>\n   <td></td>\n   <td><p><i>298,926</i></p></td>\n   <td></td>\n   <td><p><i>(38.8)%</i></p></td>\n  </tr>\n  <tr>\n   <td><p>Paid course enrollments<i> (In thousands)</i></p></td>\n   <td><p>2,341</p></td>\n   <td></td>\n   <td><p>2,398</p></td>\n   <td></td>\n   <td><p>2.4%</p></td>\n  </tr>\n  <tr>\n   <td><p><i>K-12 courses</i></p></td>\n   <td><p><i>2,143</i></p></td>\n   <td></td>\n   <td><p><i>2,195</i></p></td>\n   <td></td>\n   <td><p><i>2.4%</i></p></td>\n  </tr>\n  <tr>\n   <td><p><i>Foreign language, professional, admission and other services </i></p></td>\n   <td><p><i>198</i></p></td>\n   <td></td>\n   <td><p><i>203</i></p></td>\n   <td></td>\n   <td><p><i>2.5%</i></p></td>\n  </tr>\n  <tr>\n   <td><p>Net income (loss)</p></td>\n   <td><p>166,615</p></td>\n   <td></td>\n   <td><p>(2,344,710)</p></td>\n   <td></td>\n   <td><p>NM</p></td>\n  </tr>\n  <tr>\n   <td><p>Non-GAAP net income (loss)</p></td>\n   <td><p>263,453</p></td>\n   <td></td>\n   <td><p>(2,093,310)</p></td>\n   <td></td>\n   <td><p>NM</p></td>\n  </tr>\n </tbody>\n</table>\n<p><b>Larry Xiangdong Chen, the Company's founder, Chairman and CEO, commented, </b>\"In the second quarter of 2021, our revenue has reached a record high to 2.232 billion RMB. In order to support the equality of education, ever since May, we have successively collaborated with multiple non-profit organizations such as the China Charity's Aid Foundation for Children, the China Youth Development Foundation, the China Next Generation Education Foundation, and the Henan Normal University through cash donation or free course offerings, to aid the revitalization of rural area education and achieve the goal of equal access of education for everyone. At the same time, we have recently and rapidly adjusted the organizational structure of the group, to focus on professional education and STEAM education, and further exploring possibilities on digital products and vocational education. We say that 2014 is Gaotu's first attempt as a startup , and 2016 is our second start, then we can also say that 2021 is our third start. We should always keep the goal of education in mind, always firmly believe that education is a noble profession. It's undeniable that we have boundless faith in the bright future of the Chinese education industry.\"</p>\n<p>\"Additionally, we are pleased to welcome Ms. Jin Cui to join our Board as the AC Chairwoman. We look forward to drawing upon Ms. Cui's extensive experience as our business continues to grow. We thank Mr. Xin Fan for his dedication for his tenure as Board Director for the past two years. Despite of the change in board, our business strategy remains unchanged.\"</p>\n<p><b>Shannon Shen, CFO of the Company, added, </b>\"In the second quarter, we have upgraded our organizational structure. We will continue to develop in the area of professional education, STEAM education, vocational education and product digitalization. In exploring professional education, the public office exam sector has maintained its relatively high level; paid users in the financial certificate sector have increased 4 times year over year. Professional education is rapidly changing and upgrading. In the future, we will focus on those areas that are strongly supported by the government, creating a multi-facet, interactive platform that encompassing all educational categories for life-long learning.\"</p>\n<p><b>Financial Results for the Second Quarter of 2021</b></p>\n<p><b><i>Net Revenues</i></b></p>\n<p>Net revenues reached RMB2,232.3 million, a 35.3% increase from RMB1,650.3 million in the second quarter of 2020. The increase was mainly driven by the growth in paid course enrollments for K-12 courses during the period from the fourth quarter of 2020 to the second quarter of 2021, which was contributed by both first-time paid course enrollments and retention of existing students. The net revenues in the second quarter of 2021 was partially attributable to the paid course enrollments of the fourth quarter of 2020.</p>\n<p><b><i>Cost of Revenues</i></b></p>\n<p>Cost of revenues rose by 100.8% to RMB724.3 million from RMB360.7 million in the second quarter of 2020, mainly due to the increased recruitment of instructors and tutors, the increase in compensation for attracting and retaining high quality teaching staff, as well as the increase in learning material cost and rental expenses.</p>\n<p><b><i>Gross Profit and Gross Margin</i></b></p>\n<p>Gross profit increased 16.9% to RMB1,508.0 million from RMB1,289.7 million in the second quarter of 2020. Gross profit margin decreased to 67.6% from 78.1% in the same period of 2020. The decrease was primarily due to the increase in compensation for instructors and tutors, simultaneously resulting from the increased number of them and more competitive salaries provided, to attract excellent talents to improve teaching quality and students' learning experience.</p>\n<p>Non-GAAP gross profit increased by 18.2% to RMB1,543.5 million from RMB1,305.4 million in the same period of 2020. Non-GAAP gross profit margin decreased to 69.1% from 79.1% in the same period of 2020.</p>\n<p><b><i>Operating Expenses</i></b></p>\n<p>Operating expenses were RMB2,362.7 million, which increased from RMB1,450.4 million in the second quarter of 2020.</p>\n<p>Selling expenses increased to RMB1,641.1 million from RMB1,204.8 million in the second quarter of 2020. The increase was primarily a result of higher marketing expenses to expand user base and enhance our brands, and an increase in compensation to sales and marketing staff.</p>\n<p>Research and development expenses increased by 204.9% to RMB426.5 million, from RMB139.9 million in the second quarter of 2020. The increase was primarily due to an increase in the number of education content development professionals and technology development personnel, as well as an increase in compensation for such staff.</p>\n<p>General and administrative expenses increased to RMB242.0 million from RMB105.7 million in the second quarter of 2020. The increase in general and administrative expenses was mainly due to an increase in the number of general and administrative personnel, an increase in compensation paid to such staff.</p>\n<p>Impairment loss on intangible assets and goodwill was RMB53.1 million for the second quarter of 2021, compared to nil for the same period of 2020. The impairment loss was mainly due to the decline of fair value related to the intangible assets and goodwill in connection with the acquisition of Tianjin Puxin Online School Education Technology Co., Ltd. that was completed in December 2020. Considering recent regulatory policies concerning after-school tutoring services, the acquisition will not likely to achieve the target goals the management had estimated at the time of acquisition.</p>\n<p><b><i>Loss from Operations</i></b></p>\n<p>Loss from operations was RMB854.7 million, compared with the loss from operations of RMB160.8 million in the second quarter of 2020. The decrease was primarily due to higher spending in sales and marketing activities to extend volume growth and strengthen brand perception and an increase in the number of personnel, as well as an increase in compensation for our staff.</p>\n<p>Non-GAAP loss from operations was RMB699.8 million, compared with non-GAAP loss from operations of RMB106.7 million in the second quarter of 2020.</p>\n<p><b><i>Interest Income and Realized Gains from Investment</i></b></p>\n<p>Interest income and realized gains from investments, on aggregate, was RMB23.5 million, compared with RMB24.2 million in the second quarter of 2020. Interest income and realized gains from investments was primarily the interest income of cash, cash equivalents and short-term wealth management investments, as well as the realization of gains generated from short-term and long-term wealth management investments.</p>\n<p><b><i>Other Income (Expense)</i></b></p>\n<p>Other expense was RMB36.5 million, compared with other income of RMB87.7 million in the second quarter of 2020. Other expense in the second quarter of 2021 primarily consisted of related cost of the value-added tax exemption offered by the government during the COVID-19 outbreak, which amounted to RMB56.7 million, net of other income of RMB20.2 million.</p>\n<p><b><i>Net Incom</i></b><b><i>e (</i></b><b><i>Loss)</i></b></p>\n<p>Net loss was RMB918.8 million, compared with net income of RMB18.6 million in the second quarter of 2020.</p>\n<p>Non-GAAP net loss was RMB763.9 million, compared with non-GAAP net income of RMB72.7 million in the second quarter of 2020.</p>\n<p><b><i>Cash Flow</i></b></p>\n<p>Net operating cash outflow for the second quarter of 2021 was RMB318.6 million. The outflow of net operating cash this quarter was primarily due to higher marketing expenses paid to improve our market share and brand awareness, and an increase in compensation. Cash used in capital expenditures was RMB107.0 million.</p>\n<p><b><i>Basic and Diluted Net Loss per ADS</i></b></p>\n<p>Basic and diluted net loss per ADS were RMB3.59, in the second quarter of 2021.</p>\n<p>Non-GAAP basic and diluted net loss per ADS, were RMB2.99, in the second quarter of 2021.</p>\n<p><b><i>Share Outstanding</i></b></p>\n<p>As of June 30, 2021, the Company had 170,935,557 ordinary shares outstanding.</p>\n<p><b><i>Cash and Cash Equivalents, Restricted Cash, Short-term Investments and Long-term Investments</i></b></p>\n<p>As of June 30, 2021, the Company had cash and cash equivalents, restricted cash, short-term investments and long-term investments of RMB5,486.9 million in the aggregate, compared with a total of RMB8,217.2 million of cash and cash equivalents, short-term investments and long-term investments as of December 31, 2020.</p>\n<p><b><i>Deferred Revenue</i></b></p>\n<p>As of June 30, 2021, the Company's deferred revenue balance was RMB1,976.4 million, compared with RMB2,733.7 million as of December 31, 2020. Deferred revenue primarily consisted of tuition collected in advance.</p>\n<p><b><i>Other Payables</i></b></p>\n<p>As of June 30, 2021, other payables in non-current liabilities totaled RMB26.6 million, all of which were payables related to the purchase of the Zhengzhou properties.</p>\n<p><b>Update on PRC Regulatory Policy</b></p>\n<p>As previously disclosed, Gaotu's business, financial condition and corporate structure are expected to be materially affected in future periods by the changing regulatory environment primarily in China's after school tutoring industry, although the magnitude of the impact remains uncertain at this time.</p>\n<p><b>Business Outlook</b></p>\n<p>Due to the uncertainty related to the recent regulatory and operating environment, the Company has decided not to issue guidance in the near term in order to give the management more flexibility to focus on the Company's operations.</p>\n<p><b>Board Change</b></p>\n<p>Mr. Xin Fan has resigned from the board of directors of the Company, for personal reasons, effective on September 22, 2021. The Company has appointed Ms. Jin Cui as an independent director of the Company, effective on the same day. Ms. Cui will also become the chairwoman of the audit committee of the board of directors, as well as a member of the compensation committee and the nominating and corporate governance committee.</p>\n<p><b>About Gaotu Techedu Inc.</b></p>\n<p>Gaotu is a technology-driven education company and online large-class tutoring service provider in China. The Company offers foreign language, vocational, professional and admission courses, STEAM courses, as well as K-12 courses. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce, high-quality teaching resources to aspiring students in China. The Company leverages big data analytics and the latest technologies in multiple aspects of its business to improve teaching delivery, student learning experience, and operational efficiency.</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>Gaotu Techedu Announces Second Quarter of 2021 Unaudited Financial Results and Change to Board Composition</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\">\nGaotu Techedu Announces Second Quarter of 2021 Unaudited Financial Results and Change to Board Composition\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-22 13:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18966682><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BEIJING, Sept. 22, 2021 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) (\"Gaotu\" or the \"Company\"), a leading online large-class tutoring service provider in China, today announced its unaudited ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18966682\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOTU":"高途"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18966682","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169653385","content_text":"BEIJING, Sept. 22, 2021 /PRNewswire/ -- Gaotu Techedu Inc. (NYSE: GOTU) (\"Gaotu\" or the \"Company\"), a leading online large-class tutoring service provider in China, today announced its unaudited financial results for the second quarter ended June 30, 2021.\nSecond Quarter 2021 Highlights[1]\n\nNet revenues was RMB2,232.3 million, a 35.3% year-over-year increase.\n\nNet revenues of online K-12 courses increased 51.0% year-over-year to RMB2,091.4 million.\n\nGross billings[2] was RMB2,694.7 million, a 12.2% year-over-year increase.\n\nGross billings of online K-12 courses increased 17.2% year-over-year to RMB2,574.5 million. \n\nPaid course enrollments[3] increased 4.1% year-over-year to 1,631 thousand.\n\nPaid course enrollments of online K-12 increased 4.5% year-over-year to 1,563 thousand.\n\nNet loss was RMB918.8 million, compared with net income of RMB18.6 million in the same period of 2020.\nNon-GAAP net loss was RMB763.9 million, compared with non-GAAP net income of RMB72.7 million in the same period of 2020.\nDeferred revenue was RMB1,976.4 million, compared with RMB2,733.7 million as of December 31, 2020.\n\n\n\n\nSecond Quarter 2021 Key Financial and Operating Data\n\n\n(In thousands of RMB, except for paid course enrollments and percentages)\n\n\n\n\n\n\nThree Months Ended June 30,\n\n\n\n2020\n\n2021\n\nPct. Change\n\n\nNet revenues\n1,650,314\n\n2,232,254\n\n35.3%\n\n\nK-12 courses\n1,384,968\n\n2,091,355\n\n51.0%\n\n\nForeign language, professional, admission and other services\n265,346\n\n140,899\n\n(46.9%)\n\n\nGross billings\n2,400,996\n\n2,694,732\n\n12.2%\n\n\nK-12 courses\n2,196,077\n\n2,574,536\n\n17.2%\n\n\nForeign language, professional, admission and other services\n204,919\n\n120,196\n\n(41.3%)\n\n\nPaid course enrollments (In thousands)\n1,567\n\n1,631\n\n4.1%\n\n\nK-12 courses\n1,496\n\n1,563\n\n4.5%\n\n\nForeign language, professional, admission and other services\n71\n\n68\n\n(4.2)%\n\n\nNet income (loss)\n18,627\n\n(918,791)\n\nNM\n\n\nNon-GAAP net income (loss)\n72,712\n\n(763,890)\n\nNM\n\n\n\n\n\n\n[1] For a reconciliation of non-GAAP numbers, please see the table captioned \"Reconciliations of non-GAAP measures to the most comparable GAAP measures\" at the end of this press release. Non-GAAP income (loss) from operations, non-GAAP net income (loss) exclude share-based compensation expenses.\n\n\n[2] Gross billings is a non-GAAP financial measure, which is defined as the total amount of cash received for the sale of course offerings in such period, net of the total amount of refunds in such period. See \"About Non-GAAP Financial Measures\" and \"Reconciliations of non-GAAP measures to the most comparable GAAP measures\" elsewhere in this press release.\n\n\n[3] Paid course enrollments for a certain period refer to the cumulative number of paid courses enrolled in and paid for by our students, including multiple paid courses enrolled in and paid for by the same student. Paid courses refer to our courses that are charged not less than RMB99.0 per course in fees.\n\n\n\nSix Months Ended June 30, 2021 Highlights\n\nNet revenues was RMB4,172.6 million, a 41.5% year-over-year increase.\n\nNet revenues of online K-12 courses increased 56.0% year-over-year to RMB3,907.6 million.\n\nGross billings was RMB3,876.1 million, a 2.7% year-over-year increase.\n\nGross billings of online K-12 courses increased 8.8% year-over-year to RMB3,577.1 million. \n\nPaid course enrollments increased 2.4% year-over-year to 2,398 thousand.\n\nPaid course enrollments of online K-12 increased 2.4% year-over-year to 2,195 thousand.\n\nNet loss was RMB2,344.7 million, compared with net income of RMB166.6 million in the same period of 2020.\nNon-GAAP net loss was RMB2,093.3 million, compared with non-GAAP net income of RMB263.5 million in the same period of 2020.\n\n\n\n\nFirst Six Months of 2021 Key Financial and Operating Data\n\n\n(In thousands of RMB, except for paid course enrollments and percentages)\n\n\n\n\n\n\nSix Months Ended June 30,\n\n\n\n2020\n\n2021\n\nPct. Change \n\n\nNet revenues \n2,947,894\n\n4,172,597\n\n41.5%\n\n\nK-12 courses\n2,505,057\n\n3,907,626\n\n56.0%\n\n\nForeign language, professional, admission and other services \n442,837\n\n264,971\n\n(40.2)%\n\n\nGross billings \n3,775,395\n\n3,876,074\n\n2.7%\n\n\nK-12 courses\n3,286,669\n\n3,577,148\n\n8.8%\n\n\nForeign language, professional, admission and other services \n488,726\n\n298,926\n\n(38.8)%\n\n\nPaid course enrollments (In thousands)\n2,341\n\n2,398\n\n2.4%\n\n\nK-12 courses\n2,143\n\n2,195\n\n2.4%\n\n\nForeign language, professional, admission and other services \n198\n\n203\n\n2.5%\n\n\nNet income (loss)\n166,615\n\n(2,344,710)\n\nNM\n\n\nNon-GAAP net income (loss)\n263,453\n\n(2,093,310)\n\nNM\n\n\n\nLarry Xiangdong Chen, the Company's founder, Chairman and CEO, commented, \"In the second quarter of 2021, our revenue has reached a record high to 2.232 billion RMB. In order to support the equality of education, ever since May, we have successively collaborated with multiple non-profit organizations such as the China Charity's Aid Foundation for Children, the China Youth Development Foundation, the China Next Generation Education Foundation, and the Henan Normal University through cash donation or free course offerings, to aid the revitalization of rural area education and achieve the goal of equal access of education for everyone. At the same time, we have recently and rapidly adjusted the organizational structure of the group, to focus on professional education and STEAM education, and further exploring possibilities on digital products and vocational education. We say that 2014 is Gaotu's first attempt as a startup , and 2016 is our second start, then we can also say that 2021 is our third start. We should always keep the goal of education in mind, always firmly believe that education is a noble profession. It's undeniable that we have boundless faith in the bright future of the Chinese education industry.\"\n\"Additionally, we are pleased to welcome Ms. Jin Cui to join our Board as the AC Chairwoman. We look forward to drawing upon Ms. Cui's extensive experience as our business continues to grow. We thank Mr. Xin Fan for his dedication for his tenure as Board Director for the past two years. Despite of the change in board, our business strategy remains unchanged.\"\nShannon Shen, CFO of the Company, added, \"In the second quarter, we have upgraded our organizational structure. We will continue to develop in the area of professional education, STEAM education, vocational education and product digitalization. In exploring professional education, the public office exam sector has maintained its relatively high level; paid users in the financial certificate sector have increased 4 times year over year. Professional education is rapidly changing and upgrading. In the future, we will focus on those areas that are strongly supported by the government, creating a multi-facet, interactive platform that encompassing all educational categories for life-long learning.\"\nFinancial Results for the Second Quarter of 2021\nNet Revenues\nNet revenues reached RMB2,232.3 million, a 35.3% increase from RMB1,650.3 million in the second quarter of 2020. The increase was mainly driven by the growth in paid course enrollments for K-12 courses during the period from the fourth quarter of 2020 to the second quarter of 2021, which was contributed by both first-time paid course enrollments and retention of existing students. The net revenues in the second quarter of 2021 was partially attributable to the paid course enrollments of the fourth quarter of 2020.\nCost of Revenues\nCost of revenues rose by 100.8% to RMB724.3 million from RMB360.7 million in the second quarter of 2020, mainly due to the increased recruitment of instructors and tutors, the increase in compensation for attracting and retaining high quality teaching staff, as well as the increase in learning material cost and rental expenses.\nGross Profit and Gross Margin\nGross profit increased 16.9% to RMB1,508.0 million from RMB1,289.7 million in the second quarter of 2020. Gross profit margin decreased to 67.6% from 78.1% in the same period of 2020. The decrease was primarily due to the increase in compensation for instructors and tutors, simultaneously resulting from the increased number of them and more competitive salaries provided, to attract excellent talents to improve teaching quality and students' learning experience.\nNon-GAAP gross profit increased by 18.2% to RMB1,543.5 million from RMB1,305.4 million in the same period of 2020. Non-GAAP gross profit margin decreased to 69.1% from 79.1% in the same period of 2020.\nOperating Expenses\nOperating expenses were RMB2,362.7 million, which increased from RMB1,450.4 million in the second quarter of 2020.\nSelling expenses increased to RMB1,641.1 million from RMB1,204.8 million in the second quarter of 2020. The increase was primarily a result of higher marketing expenses to expand user base and enhance our brands, and an increase in compensation to sales and marketing staff.\nResearch and development expenses increased by 204.9% to RMB426.5 million, from RMB139.9 million in the second quarter of 2020. The increase was primarily due to an increase in the number of education content development professionals and technology development personnel, as well as an increase in compensation for such staff.\nGeneral and administrative expenses increased to RMB242.0 million from RMB105.7 million in the second quarter of 2020. The increase in general and administrative expenses was mainly due to an increase in the number of general and administrative personnel, an increase in compensation paid to such staff.\nImpairment loss on intangible assets and goodwill was RMB53.1 million for the second quarter of 2021, compared to nil for the same period of 2020. The impairment loss was mainly due to the decline of fair value related to the intangible assets and goodwill in connection with the acquisition of Tianjin Puxin Online School Education Technology Co., Ltd. that was completed in December 2020. Considering recent regulatory policies concerning after-school tutoring services, the acquisition will not likely to achieve the target goals the management had estimated at the time of acquisition.\nLoss from Operations\nLoss from operations was RMB854.7 million, compared with the loss from operations of RMB160.8 million in the second quarter of 2020. The decrease was primarily due to higher spending in sales and marketing activities to extend volume growth and strengthen brand perception and an increase in the number of personnel, as well as an increase in compensation for our staff.\nNon-GAAP loss from operations was RMB699.8 million, compared with non-GAAP loss from operations of RMB106.7 million in the second quarter of 2020.\nInterest Income and Realized Gains from Investment\nInterest income and realized gains from investments, on aggregate, was RMB23.5 million, compared with RMB24.2 million in the second quarter of 2020. Interest income and realized gains from investments was primarily the interest income of cash, cash equivalents and short-term wealth management investments, as well as the realization of gains generated from short-term and long-term wealth management investments.\nOther Income (Expense)\nOther expense was RMB36.5 million, compared with other income of RMB87.7 million in the second quarter of 2020. Other expense in the second quarter of 2021 primarily consisted of related cost of the value-added tax exemption offered by the government during the COVID-19 outbreak, which amounted to RMB56.7 million, net of other income of RMB20.2 million.\nNet Income (Loss)\nNet loss was RMB918.8 million, compared with net income of RMB18.6 million in the second quarter of 2020.\nNon-GAAP net loss was RMB763.9 million, compared with non-GAAP net income of RMB72.7 million in the second quarter of 2020.\nCash Flow\nNet operating cash outflow for the second quarter of 2021 was RMB318.6 million. The outflow of net operating cash this quarter was primarily due to higher marketing expenses paid to improve our market share and brand awareness, and an increase in compensation. Cash used in capital expenditures was RMB107.0 million.\nBasic and Diluted Net Loss per ADS\nBasic and diluted net loss per ADS were RMB3.59, in the second quarter of 2021.\nNon-GAAP basic and diluted net loss per ADS, were RMB2.99, in the second quarter of 2021.\nShare Outstanding\nAs of June 30, 2021, the Company had 170,935,557 ordinary shares outstanding.\nCash and Cash Equivalents, Restricted Cash, Short-term Investments and Long-term Investments\nAs of June 30, 2021, the Company had cash and cash equivalents, restricted cash, short-term investments and long-term investments of RMB5,486.9 million in the aggregate, compared with a total of RMB8,217.2 million of cash and cash equivalents, short-term investments and long-term investments as of December 31, 2020.\nDeferred Revenue\nAs of June 30, 2021, the Company's deferred revenue balance was RMB1,976.4 million, compared with RMB2,733.7 million as of December 31, 2020. Deferred revenue primarily consisted of tuition collected in advance.\nOther Payables\nAs of June 30, 2021, other payables in non-current liabilities totaled RMB26.6 million, all of which were payables related to the purchase of the Zhengzhou properties.\nUpdate on PRC Regulatory Policy\nAs previously disclosed, Gaotu's business, financial condition and corporate structure are expected to be materially affected in future periods by the changing regulatory environment primarily in China's after school tutoring industry, although the magnitude of the impact remains uncertain at this time.\nBusiness Outlook\nDue to the uncertainty related to the recent regulatory and operating environment, the Company has decided not to issue guidance in the near term in order to give the management more flexibility to focus on the Company's operations.\nBoard Change\nMr. Xin Fan has resigned from the board of directors of the Company, for personal reasons, effective on September 22, 2021. The Company has appointed Ms. Jin Cui as an independent director of the Company, effective on the same day. Ms. Cui will also become the chairwoman of the audit committee of the board of directors, as well as a member of the compensation committee and the nominating and corporate governance committee.\nAbout Gaotu Techedu Inc.\nGaotu is a technology-driven education company and online large-class tutoring service provider in China. The Company offers foreign language, vocational, professional and admission courses, STEAM courses, as well as K-12 courses. Gaotu adopts an online live large-class format to deliver its courses, which the Company believes is the most effective and scalable model to disseminate scarce, high-quality teaching resources to aspiring students in China. The Company leverages big data analytics and the latest technologies in multiple aspects of its business to improve teaching delivery, student learning experience, and operational efficiency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819323791,"gmtCreate":1630035853113,"gmtModify":1704954974768,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Niceeee","listText":"Niceeee","text":"Niceeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/819323791","repostId":"1177482103","repostType":4,"repost":{"id":"1177482103","kind":"news","pubTimestamp":1630032656,"share":"https://www.laohu8.com/m/news/1177482103?lang=&edition=full","pubTime":"2021-08-27 10:50","market":"us","language":"en","title":"Snowflake: Why Jim Cramer Thinks Every Fortune 500 Company Will Be a Customer","url":"https://stock-news.laohu8.com/highlight/detail?id=1177482103","media":"Thestreet","summary":"Cloud software company Snowflake (SNOW) reported a second-quarter loss of 64 cents a share onrevenue","content":"<p>Cloud software company Snowflake&nbsp;(<b>SNOW</b>)&nbsp;reported a second-quarter loss of 64 cents a share onrevenue of $272.2 million, up 104% from a year earlier.</p>\n<p>Snowflake CEO Frank Slootman told Jim Cramer on \"Mad Money\" that Snowflake doesn't create demand for its products, it enables it. A lot more is possible with Snowflake when technology no longer holds companies back, Slootman said.</p>\n<p>Cramer told Action Alerts PLUS senior analyst Jeff Marks that Snowflake's 'pay as you go' use model will make it so every customer in the Fortune 500 is a customer.</p>\n<p>\"[Snowflake] is the way of the future, right now,\" Cramer said.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Snowflake: Why Jim Cramer Thinks Every Fortune 500 Company Will Be a Customer</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\">\nSnowflake: Why Jim Cramer Thinks Every Fortune 500 Company Will Be a Customer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-27 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/jim-cramer/jim-cramer-snowflake-customers-every-fortune-500-company><strong>Thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cloud software company Snowflake (SNOW) reported a second-quarter loss of 64 cents a share onrevenue of $272.2 million, up 104% from a year earlier.\nSnowflake CEO Frank Slootman told Jim Cramer on \"...</p>\n\n<a href=\"https://www.thestreet.com/jim-cramer/jim-cramer-snowflake-customers-every-fortune-500-company\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"source_url":"https://www.thestreet.com/jim-cramer/jim-cramer-snowflake-customers-every-fortune-500-company","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177482103","content_text":"Cloud software company Snowflake (SNOW) reported a second-quarter loss of 64 cents a share onrevenue of $272.2 million, up 104% from a year earlier.\nSnowflake CEO Frank Slootman told Jim Cramer on \"Mad Money\" that Snowflake doesn't create demand for its products, it enables it. A lot more is possible with Snowflake when technology no longer holds companies back, Slootman said.\nCramer told Action Alerts PLUS senior analyst Jeff Marks that Snowflake's 'pay as you go' use model will make it so every customer in the Fortune 500 is a customer.\n\"[Snowflake] is the way of the future, right now,\" Cramer said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899040098,"gmtCreate":1628145916114,"gmtModify":1631887479395,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/899040098","repostId":"1160204013","repostType":4,"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":158955448,"gmtCreate":1625125847984,"gmtModify":1631887479404,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/158955448","repostId":"1115261715","repostType":4,"repost":{"id":"1115261715","kind":"news","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":1625125255,"share":"https://www.laohu8.com/m/news/1115261715?lang=&edition=full","pubTime":"2021-07-01 15:40","market":"us","language":"en","title":"Look back to the first half of the year: U.S. stock indexs hit record high, these stocks are winner","url":"https://stock-news.laohu8.com/highlight/detail?id=1115261715","media":"Tiger Newspress","summary":"(July 1) The global market officially ended in the first half of the year. On the whole, the French ","content":"<p>(July&nbsp;1)&nbsp;The global market officially ended in the first half of the year. On the whole, the French CAC 40 index took the lead with an increase of 17.2%; the S&amp;P 500 index and the Eurozone Stoxx 50 index increased by 14.4% Tied for second place; followed by the Mexico Composite Index and the German DAX 30 Index, with gains of 14.1% and 13.2%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/b0699623d049666a5b8b1af052f8e0d8\" tg-width=\"670\" tg-height=\"1408\" referrerpolicy=\"no-referrer\"></p>\n<p><b>U.S. stock indexes hit record high, energy stocks are winners</b></p>\n<p>U.S. stocks in the first half of the year generally showed a trend of volatility and upward movement. The three major indexes jointly set a new record high. The S&amp;P 500 index rose by 14.41% in the first half of the year, which has outperformed the index's average annual growth rate of 11% in the past two decades, and far outpaced the 4% increase in the first half of last year; the Nasdaq index rose by 12.54 % in the first half of the year, the Dow Jones index rose 12.73%.</p>\n<p>From the perspective of sectors and individual stocks, \"economic recovery\" and \"increasing inflation\" are the two main factors&nbsp;that dominated the U.S. stock market in the first half of the year. Under the influence of these two main factors, energy stocks, finance stocks and real estate stocks outperformed other sectors.</p>\n<p><img src=\"https://static.tigerbbs.com/4697acc988167e0c0adfe0713ce52b64\" tg-width=\"1924\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"></p>\n<p>In the first half of this year, with the gradual promotion of the global vaccinations against the new crown, China took the lead in getting out of the shadow of the epidemic, and many European and American countries have gradually begun to loosen their blockades. With the recovery of global economy and the rebound in demand for commodities, especially the rapid rise in energy demand, Brent crude oil is the best performing asset in the first half of the year, with a yield of 44.32%.</p>\n<p>Benefiting from the explosion of demand, US energy stocks are also the top performers. Among the S&amp;P 500 constituent stocks, five of the top ten gainers are energy stocks. Among them, Marathon Petroleum ranked first with a half-year increase of 105.55%. The other four are Diamondback Energy, Devon Energy, Occidental Petroleum and EOG Energy, with increases of 96.07%, 91.64%, 80.77% and 69.30% respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/bf9454f083cdbfc0296a0d9c53d53fe6\" tg-width=\"1924\" tg-height=\"1082\" referrerpolicy=\"no-referrer\"></p>\n<p>In addition, among the constituent stocks of the Dow, energy stocks are also among the top performers. Chevron ranked fourth with an increase of 27.32%, and Caterpillar ranked eighth with an increase of 20.74%. Among the constituent stocks of the Dow, the performance of bank stocks is also remarkable.</p>\n<p>Bank stocks performed very well during the epidemic, with the help of legislators and the Federal Reserve. Three of the top five companies in the Dow's gainers are bank stocks. Among them, Goldman Sachs ranked first with increaing 44.97%; American Express ranked second with a 37.55% increase, and JPMorgan Chase ranked fifth with a 24.01% increase.</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>Look back to the first half of the year: U.S. stock indexs hit record high, these stocks are winner</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\">\nLook back to the first half of the year: U.S. stock indexs hit record high, these stocks are winner\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\">2021-07-01 15:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(July&nbsp;1)&nbsp;The global market officially ended in the first half of the year. On the whole, the French CAC 40 index took the lead with an increase of 17.2%; the S&amp;P 500 index and the Eurozone Stoxx 50 index increased by 14.4% Tied for second place; followed by the Mexico Composite Index and the German DAX 30 Index, with gains of 14.1% and 13.2%, respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/b0699623d049666a5b8b1af052f8e0d8\" tg-width=\"670\" tg-height=\"1408\" referrerpolicy=\"no-referrer\"></p>\n<p><b>U.S. stock indexes hit record high, energy stocks are winners</b></p>\n<p>U.S. stocks in the first half of the year generally showed a trend of volatility and upward movement. The three major indexes jointly set a new record high. The S&amp;P 500 index rose by 14.41% in the first half of the year, which has outperformed the index's average annual growth rate of 11% in the past two decades, and far outpaced the 4% increase in the first half of last year; the Nasdaq index rose by 12.54 % in the first half of the year, the Dow Jones index rose 12.73%.</p>\n<p>From the perspective of sectors and individual stocks, \"economic recovery\" and \"increasing inflation\" are the two main factors&nbsp;that dominated the U.S. stock market in the first half of the year. Under the influence of these two main factors, energy stocks, finance stocks and real estate stocks outperformed other sectors.</p>\n<p><img src=\"https://static.tigerbbs.com/4697acc988167e0c0adfe0713ce52b64\" tg-width=\"1924\" tg-height=\"1080\" referrerpolicy=\"no-referrer\"></p>\n<p>In the first half of this year, with the gradual promotion of the global vaccinations against the new crown, China took the lead in getting out of the shadow of the epidemic, and many European and American countries have gradually begun to loosen their blockades. With the recovery of global economy and the rebound in demand for commodities, especially the rapid rise in energy demand, Brent crude oil is the best performing asset in the first half of the year, with a yield of 44.32%.</p>\n<p>Benefiting from the explosion of demand, US energy stocks are also the top performers. Among the S&amp;P 500 constituent stocks, five of the top ten gainers are energy stocks. Among them, Marathon Petroleum ranked first with a half-year increase of 105.55%. The other four are Diamondback Energy, Devon Energy, Occidental Petroleum and EOG Energy, with increases of 96.07%, 91.64%, 80.77% and 69.30% respectively.</p>\n<p><img src=\"https://static.tigerbbs.com/bf9454f083cdbfc0296a0d9c53d53fe6\" tg-width=\"1924\" tg-height=\"1082\" referrerpolicy=\"no-referrer\"></p>\n<p>In addition, among the constituent stocks of the Dow, energy stocks are also among the top performers. Chevron ranked fourth with an increase of 27.32%, and Caterpillar ranked eighth with an increase of 20.74%. Among the constituent stocks of the Dow, the performance of bank stocks is also remarkable.</p>\n<p>Bank stocks performed very well during the epidemic, with the help of legislators and the Federal Reserve. Three of the top five companies in the Dow's gainers are bank stocks. Among them, Goldman Sachs ranked first with increaing 44.97%; American Express ranked second with a 37.55% increase, and JPMorgan Chase ranked fifth with a 24.01% increase.</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","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115261715","content_text":"(July 1) The global market officially ended in the first half of the year. On the whole, the French CAC 40 index took the lead with an increase of 17.2%; the S&P 500 index and the Eurozone Stoxx 50 index increased by 14.4% Tied for second place; followed by the Mexico Composite Index and the German DAX 30 Index, with gains of 14.1% and 13.2%, respectively.\n\nU.S. stock indexes hit record high, energy stocks are winners\nU.S. stocks in the first half of the year generally showed a trend of volatility and upward movement. The three major indexes jointly set a new record high. The S&P 500 index rose by 14.41% in the first half of the year, which has outperformed the index's average annual growth rate of 11% in the past two decades, and far outpaced the 4% increase in the first half of last year; the Nasdaq index rose by 12.54 % in the first half of the year, the Dow Jones index rose 12.73%.\nFrom the perspective of sectors and individual stocks, \"economic recovery\" and \"increasing inflation\" are the two main factors that dominated the U.S. stock market in the first half of the year. Under the influence of these two main factors, energy stocks, finance stocks and real estate stocks outperformed other sectors.\n\nIn the first half of this year, with the gradual promotion of the global vaccinations against the new crown, China took the lead in getting out of the shadow of the epidemic, and many European and American countries have gradually begun to loosen their blockades. With the recovery of global economy and the rebound in demand for commodities, especially the rapid rise in energy demand, Brent crude oil is the best performing asset in the first half of the year, with a yield of 44.32%.\nBenefiting from the explosion of demand, US energy stocks are also the top performers. Among the S&P 500 constituent stocks, five of the top ten gainers are energy stocks. Among them, Marathon Petroleum ranked first with a half-year increase of 105.55%. The other four are Diamondback Energy, Devon Energy, Occidental Petroleum and EOG Energy, with increases of 96.07%, 91.64%, 80.77% and 69.30% respectively.\n\nIn addition, among the constituent stocks of the Dow, energy stocks are also among the top performers. Chevron ranked fourth with an increase of 27.32%, and Caterpillar ranked eighth with an increase of 20.74%. Among the constituent stocks of the Dow, the performance of bank stocks is also remarkable.\nBank stocks performed very well during the epidemic, with the help of legislators and the Federal Reserve. Three of the top five companies in the Dow's gainers are bank stocks. Among them, Goldman Sachs ranked first with increaing 44.97%; American Express ranked second with a 37.55% increase, and JPMorgan Chase ranked fifth with a 24.01% increase.","news_type":1},"isVote":1,"tweetType":1,"viewCount":320,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153537197,"gmtCreate":1625033562619,"gmtModify":1631887479415,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/153537197","repostId":"1174730802","repostType":4,"repost":{"id":"1174730802","kind":"news","pubTimestamp":1625032275,"share":"https://www.laohu8.com/m/news/1174730802?lang=&edition=full","pubTime":"2021-06-30 13:51","market":"sg","language":"en","title":"Singapore Central Bank Is ‘Highly Vigilant’ on Home Prices","url":"https://stock-news.laohu8.com/highlight/detail?id=1174730802","media":"Bloomberg","summary":"Singapore officials remain “highly vigilant” over rising home prices, the central bank chief said, w","content":"<p>Singapore officials remain “highly vigilant” over rising home prices, the central bank chief said, while dismissing the notion that the market is overheated following its rebound during the pandemic.</p>\n<p>Authorities “remain highly vigilant to the sustained increase in prices relative to income trends,” Ravi Menon, managing director of the Monetary Authority of Singapore, told reporters Wednesday. “A prolonged divergence between prices and incomes is unsustainable from a market stability perspective and undesirable from a housing affordability perspective.”</p>\n<p>Singapore’s property market “has been remarkably resilient” in the face of the coronavirus and last year’s recession, Menon said at the release of the bank’s 2020/2021 annual report. The private property index was 5.6% above its pre-pandemic levels in the first quarter while nominal gross domestic product was about 4% below, he said.</p>\n<p>The sharp recovery in Singapore’s residential property market has sparked speculation that the government may impose cooling measures for the first time since 2018. Menon’s comments add to concerns after officials previously said they didn’t want the market to run ahead of economic fundamentals.</p>\n<p>Still, Menon added that he didn’t think the property market was too hot, “because if it’s overheated, we’re not doing our job well.”</p>\n<p>Home pricesin the city-state climbed 3.3% in the first quarter, the most since the second three months of 2018, just before authorities imposed the most recent round of tightening measures.</p>\n<p>Asked whether property curbs may be imposed this year, Menon said authorities will never share that information in advance because it would defeat the purpose of implementing them.</p>\n<p>“So, stay tuned and just watch,” he said. “Wehopethe market will continue to remain stable and that we don’t have to make any moves.”</p>\n<p>He said the central bank is “determined to make sure that the market remains stable and prevent overheating from happening.”</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>Singapore Central Bank Is ‘Highly Vigilant’ on Home Prices</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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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\">\nSingapore Central Bank Is ‘Highly Vigilant’ on Home Prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-30 13:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-30/singapore-highly-vigilant-on-sustained-increase-in-home-prices><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore officials remain “highly vigilant” over rising home prices, the central bank chief said, while dismissing the notion that the market is overheated following its rebound during the pandemic.\n...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-30/singapore-highly-vigilant-on-sustained-increase-in-home-prices\">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.bloomberg.com/news/articles/2021-06-30/singapore-highly-vigilant-on-sustained-increase-in-home-prices","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174730802","content_text":"Singapore officials remain “highly vigilant” over rising home prices, the central bank chief said, while dismissing the notion that the market is overheated following its rebound during the pandemic.\nAuthorities “remain highly vigilant to the sustained increase in prices relative to income trends,” Ravi Menon, managing director of the Monetary Authority of Singapore, told reporters Wednesday. “A prolonged divergence between prices and incomes is unsustainable from a market stability perspective and undesirable from a housing affordability perspective.”\nSingapore’s property market “has been remarkably resilient” in the face of the coronavirus and last year’s recession, Menon said at the release of the bank’s 2020/2021 annual report. The private property index was 5.6% above its pre-pandemic levels in the first quarter while nominal gross domestic product was about 4% below, he said.\nThe sharp recovery in Singapore’s residential property market has sparked speculation that the government may impose cooling measures for the first time since 2018. Menon’s comments add to concerns after officials previously said they didn’t want the market to run ahead of economic fundamentals.\nStill, Menon added that he didn’t think the property market was too hot, “because if it’s overheated, we’re not doing our job well.”\nHome pricesin the city-state climbed 3.3% in the first quarter, the most since the second three months of 2018, just before authorities imposed the most recent round of tightening measures.\nAsked whether property curbs may be imposed this year, Menon said authorities will never share that information in advance because it would defeat the purpose of implementing them.\n“So, stay tuned and just watch,” he said. “Wehopethe market will continue to remain stable and that we don’t have to make any moves.”\nHe said the central bank is “determined to make sure that the market remains stable and prevent overheating from happening.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":159319429,"gmtCreate":1624940953561,"gmtModify":1631887479425,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/159319429","repostId":"1113711731","repostType":4,"repost":{"id":"1113711731","kind":"news","pubTimestamp":1624937958,"share":"https://www.laohu8.com/m/news/1113711731?lang=&edition=full","pubTime":"2021-06-29 11:39","market":"us","language":"en","title":"NIO Stock Is Going Nuts. This Is the Best Explanation.","url":"https://stock-news.laohu8.com/highlight/detail?id=1113711731","media":"Barrons","summary":"Stock in Chinese electric vehicle maker NIO is on fire. While a surge in the volume of options tradi","content":"<p>Stock in Chinese electric vehicle maker&nbsp;NIO&nbsp;is&nbsp;on fire. While a surge in the volume of options trading isn’t a perfect explanation for the rally, it certainlyhelped shares soaron Monday.</p>\n<p>NIO (ticker: NIO) stock gained almost 10% Monday and shares are up 28% over the past month. The&nbsp;S&amp;P 500,for comparison, rose 0.2% Monday and is up 2% over the past month. Call options volume, which rose almost 200% on Monday compared to Friday, is perhaps the biggest reason NIO shares might be more volatile.</p>\n<p>Call options give the holder the right to buy a stock at a fixed price. (Buying a call is a bullish take on the underlying stock.) Brokers will sell and trade options contracts because they want to earn a commission on a trade. But brokers don’t want to be short a call option, which means they’ll have to take a loss if the stock rises.</p>\n<p>One way brokers can hedge options positions is to buy the underlying stock. If a broker sells a call and buys the stock, they can earn the options commission and, if the stock rises, they can deliver the stock purchased to the call holder. In that scenario, the broker doesn’t have to buy shares at a higher price. That process is one way higher-than-average call buying can drive buying in the underlying stock.</p>\n<p>Other factors don’t seem to be at play. Wall Street, for example, can’t be credited with the rally. The average analystprice targetfor NIO stock is up about 1% over the past month and not much has happened to those targets since the companyreported earningsat the end of April. Looking back to that point, the average analyst price target has gone up about $1 to a little more than $59 a share.</p>\n<p>News doesn’t seem to be a credible reason for NIO’s rally, either. The last release on NIO’s website is fromJune 1when the company reported May deliveries. Those numbers relieved investors because the electric vehicle company maintained second-quarter delivery guidance despite a global automotive semiconductor shortage that has roiled the entire industry.</p>\n<p>NIO shares are now up 1% year to date. It’s been a wild ride so far in 2021. Based on recent trading, the ride will continue.</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>NIO Stock Is Going Nuts. This Is the Best Explanation.</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\">\nNIO Stock Is Going Nuts. This Is the Best Explanation.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-29 11:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/nio-stock-options-volume-51624921009?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stock in Chinese electric vehicle maker NIO is on fire. While a surge in the volume of options trading isn’t a perfect explanation for the rally, it certainlyhelped shares soaron Monday.\nNIO (ticker: ...</p>\n\n<a href=\"https://www.barrons.com/articles/nio-stock-options-volume-51624921009?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://www.barrons.com/articles/nio-stock-options-volume-51624921009?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113711731","content_text":"Stock in Chinese electric vehicle maker NIO is on fire. While a surge in the volume of options trading isn’t a perfect explanation for the rally, it certainlyhelped shares soaron Monday.\nNIO (ticker: NIO) stock gained almost 10% Monday and shares are up 28% over the past month. The S&P 500,for comparison, rose 0.2% Monday and is up 2% over the past month. Call options volume, which rose almost 200% on Monday compared to Friday, is perhaps the biggest reason NIO shares might be more volatile.\nCall options give the holder the right to buy a stock at a fixed price. (Buying a call is a bullish take on the underlying stock.) Brokers will sell and trade options contracts because they want to earn a commission on a trade. But brokers don’t want to be short a call option, which means they’ll have to take a loss if the stock rises.\nOne way brokers can hedge options positions is to buy the underlying stock. If a broker sells a call and buys the stock, they can earn the options commission and, if the stock rises, they can deliver the stock purchased to the call holder. In that scenario, the broker doesn’t have to buy shares at a higher price. That process is one way higher-than-average call buying can drive buying in the underlying stock.\nOther factors don’t seem to be at play. Wall Street, for example, can’t be credited with the rally. The average analystprice targetfor NIO stock is up about 1% over the past month and not much has happened to those targets since the companyreported earningsat the end of April. Looking back to that point, the average analyst price target has gone up about $1 to a little more than $59 a share.\nNews doesn’t seem to be a credible reason for NIO’s rally, either. The last release on NIO’s website is fromJune 1when the company reported May deliveries. Those numbers relieved investors because the electric vehicle company maintained second-quarter delivery guidance despite a global automotive semiconductor shortage that has roiled the entire industry.\nNIO shares are now up 1% year to date. It’s been a wild ride so far in 2021. Based on recent trading, the ride will continue.","news_type":1},"isVote":1,"tweetType":1,"viewCount":298,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124406875,"gmtCreate":1624776496297,"gmtModify":1631887479442,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/124406875","repostId":"2146090006","repostType":4,"repost":{"id":"2146090006","kind":"highlight","pubTimestamp":1624755315,"share":"https://www.laohu8.com/m/news/2146090006?lang=&edition=full","pubTime":"2021-06-27 08:55","market":"us","language":"en","title":"5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2146090006","media":"Motley Fool","summary":"These growth and value stocks are begging to be bought by investors.","content":"<p>When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking the reins of <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) in the mid-1960s, Buffett's company has averaged an annual return of 20%. This works out to an aggregate gain of greater than 2,800,000% for its Class A shares.</p>\n<p>Although Buffett isn't perfect, he and his investing team have a knack for identifying attractively valued businesses that have clear competitive advantages. As we prepare to move into the second half of 2021, the following five Buffett stocks stand out as those that should be bought hand over fist.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1077c8372814d2b8150e933b4c608005\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>Amazon</h2>\n<p>Even though Buffett's investing lieutenants, Todd Combs and Ted Weschler, are the architects behind Berkshire Hathaway's stake in <b>Amazon</b> (NASDAQ:AMZN), it's arguably the Buffett stock that should be bought most aggressively ahead of the second half of the year.</p>\n<p>As most folks probably know, Amazon is an e-commerce juggernaut. Based on an April report from eMarketer, the company effectively controls $0.40 of every $1 spent online in the United States. It's also pivoted its online retail popularity into signing up more than 200 million people to its Prime program worldwide. The fees Amazon collects from Prime help it to undercut its competition on price. And it certainly doesn't hurt that Prime members tend to spend many multiples more than non-Prime shoppers during the course of the year.</p>\n<p>But it's the company's cloud infrastructure service, Amazon Web Services (AWS), that has truly budded into a star. Since the operating margins associated with cloud infrastructure are considerably higher than what Amazon nets from retail and advertising, AWS' growth is leading to a surge in operating cash flow. If investors were to continue to pay the midpoint of Amazon's operating cash flow multiple over the past decade, it could hit $10,000 a share by 2025.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b18b49b2b35da2fc49e0a83b883d1c22\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Bristol Myers Squibb</h2>\n<p>Pharmaceutical stocks are money machines, and none looks to be more attractive on a valuation basis than <b>Bristol Myers Squibb</b> (NYSE:BMY).</p>\n<p>One reason to be excited about this drug developer is its organic growth potential. Eliquis, which was co-developed with <b>Pfizer</b>, has blossomed into the world's leading oral anticoagulant, with sales expected to surpass $10 billion in 2021. Meanwhile, dozens of additional clinical trials are underway for cancer immunotherapy Opdivo, which generated $7 billion in sales last year. This offers plenty of opportunity to expand Opdivo's label and pump up its pricing power.</p>\n<p>Another reason Bristol Myers Squibb is such an intriguing stock is its November 2019 acquisition of cancer and immunology company Celgene. Buying Celgene brought the blockbuster multiple-myeloma drug Revlimid into the fold. Revlimid has sustainably grown its annual sales by a double-digit percentage for more than a decade, with label expansion, longer duration of use, and pricing power all playing a role. This key treatment, which topped $12 billion in sales last year, is protected from a full onslaught of generic competition until early 2026. That means Bristol Myers will be rolling in the dough for another five years, at minimum.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1b152e369d7c967dcbc926192ee888c1\" tg-width=\"700\" tg-height=\"531\"><span>Image source: Getty Images.</span></p>\n<h2>Mastercard</h2>\n<p>Everyone seems to be looking for the smartest recovery play from the pandemic. Payment processor <b>Mastercard</b> (NYSE:MA) might well be the safest way to take advantage of a steady uptick in consumer and enterprise spending.</p>\n<p>Mastercard isn't a cheap stock by any means -- at 36 times Wall Street's forward-year earnings consensus -- but it benefits from a simple numbers game. While economic contractions and recessions are inevitable, these periods of turbulence tend to be short-lived. By comparison, economic expansions often last many years. Buying into Mastercard allows investors to take full advantage of these long periods of economic expansion and robust spending. Plus, it doesn't hurt that Mastercard has the second-highest share of credit-card network purchase volume in the U.S., the leading market for consumption.</p>\n<p>Investors can also sleep easy with the understanding that Mastercard strictly sticks to payment facilitation. Even though some of its peers also lend, and are therefore able to generate interest income and fees during bull markets, Mastercard has avoided becoming a lender. It's something you'll truly appreciate when a recession strikes. Whereas most financial stocks will be forced to set aside capital to cover credit or loan delinquencies, Mastercard won't have to. This is a big reason it bounces back from recessions quicker than most financial stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4e1a1fe028efa4c966b66ef2cd466f5\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Teva Pharmaceutical Industries</h2>\n<p>If you have an appetite for turnaround plays, brand-name and generic-drug developer <b>Teva Pharmaceutical Industries</b> (NYSE:TEVA) is the stock to buy hand over fist for the second half of 2021. Like Amazon, it's a stock that was added to Berkshire Hathaway's portfolio by either Combs or Weschler and not Buffett.</p>\n<p>While there's no denying that Teva has its fair share of hurdles to overcome, the company's turnaround-focused CEO, Kare Schultz, has been a blessing. Since taking the helm less than four years ago, Schultz has helped shave off more than $10 billion in net debt, and he's overseen the reduction of roughly $3 billion in annual operating expenses. There's more work to do to improve Teva's balance sheet, but the company is very clearly on much firmer ground than it was back in 2016-2017.</p>\n<p>Schultz also has the potential to play peacemaker for a number of outstanding lawsuits targeting Teva's role in the opioid crisis. If this litigation can be resolved with minimal cash outlay, Teva's valuation could soar. At just 4 times the company's projected earnings in 2021, Teva is about as cheap as a healthcare stock can get.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44a30c4dfd6886a29e22d3c6558c3e56\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Bank of America</h2>\n<p>Lastly, bank stock <b>Bank of America</b> (NYSE:BAC) has the look of a company that can be confidently bought hand over fist for the second half of 2021.</p>\n<p>For much of the past decade, the Federal Reserve has kept interest rates at or near historic lows. That's meant less in the way of interest income for banks. But the latest update from the nation's central bank suggests that interest rates could begin creeping up in 2023, a year earlier than previously forecast. Bank of America is the most interest-sensitive money-center bank. According to its first-quarter investor presentation, BofA would generate $8.3 billion in net interest income on a 100-basis-point shift in the interest rate yield curve. Translation: Bank of America's profits should rocket higher beginning in 2023-2024.</p>\n<p>At the same time, BofA has done an outstanding job of controlling its costs and improving its operating efficiency. Investments in digitization have resulted in higher mobile app and digital banking use, which is allowing the company to consolidate some of its branches. Even with its shares at a 13-year high, Bank of America has plenty left in the tank.</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>5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/\">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","TEVA":"梯瓦制药","BRK.B":"伯克希尔B","MA":"万事达","BMY":"施贵宝","BAC":"美国银行","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146090006","content_text":"When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking the reins of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) in the mid-1960s, Buffett's company has averaged an annual return of 20%. This works out to an aggregate gain of greater than 2,800,000% for its Class A shares.\nAlthough Buffett isn't perfect, he and his investing team have a knack for identifying attractively valued businesses that have clear competitive advantages. As we prepare to move into the second half of 2021, the following five Buffett stocks stand out as those that should be bought hand over fist.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\nAmazon\nEven though Buffett's investing lieutenants, Todd Combs and Ted Weschler, are the architects behind Berkshire Hathaway's stake in Amazon (NASDAQ:AMZN), it's arguably the Buffett stock that should be bought most aggressively ahead of the second half of the year.\nAs most folks probably know, Amazon is an e-commerce juggernaut. Based on an April report from eMarketer, the company effectively controls $0.40 of every $1 spent online in the United States. It's also pivoted its online retail popularity into signing up more than 200 million people to its Prime program worldwide. The fees Amazon collects from Prime help it to undercut its competition on price. And it certainly doesn't hurt that Prime members tend to spend many multiples more than non-Prime shoppers during the course of the year.\nBut it's the company's cloud infrastructure service, Amazon Web Services (AWS), that has truly budded into a star. Since the operating margins associated with cloud infrastructure are considerably higher than what Amazon nets from retail and advertising, AWS' growth is leading to a surge in operating cash flow. If investors were to continue to pay the midpoint of Amazon's operating cash flow multiple over the past decade, it could hit $10,000 a share by 2025.\nImage source: Getty Images.\nBristol Myers Squibb\nPharmaceutical stocks are money machines, and none looks to be more attractive on a valuation basis than Bristol Myers Squibb (NYSE:BMY).\nOne reason to be excited about this drug developer is its organic growth potential. Eliquis, which was co-developed with Pfizer, has blossomed into the world's leading oral anticoagulant, with sales expected to surpass $10 billion in 2021. Meanwhile, dozens of additional clinical trials are underway for cancer immunotherapy Opdivo, which generated $7 billion in sales last year. This offers plenty of opportunity to expand Opdivo's label and pump up its pricing power.\nAnother reason Bristol Myers Squibb is such an intriguing stock is its November 2019 acquisition of cancer and immunology company Celgene. Buying Celgene brought the blockbuster multiple-myeloma drug Revlimid into the fold. Revlimid has sustainably grown its annual sales by a double-digit percentage for more than a decade, with label expansion, longer duration of use, and pricing power all playing a role. This key treatment, which topped $12 billion in sales last year, is protected from a full onslaught of generic competition until early 2026. That means Bristol Myers will be rolling in the dough for another five years, at minimum.\nImage source: Getty Images.\nMastercard\nEveryone seems to be looking for the smartest recovery play from the pandemic. Payment processor Mastercard (NYSE:MA) might well be the safest way to take advantage of a steady uptick in consumer and enterprise spending.\nMastercard isn't a cheap stock by any means -- at 36 times Wall Street's forward-year earnings consensus -- but it benefits from a simple numbers game. While economic contractions and recessions are inevitable, these periods of turbulence tend to be short-lived. By comparison, economic expansions often last many years. Buying into Mastercard allows investors to take full advantage of these long periods of economic expansion and robust spending. Plus, it doesn't hurt that Mastercard has the second-highest share of credit-card network purchase volume in the U.S., the leading market for consumption.\nInvestors can also sleep easy with the understanding that Mastercard strictly sticks to payment facilitation. Even though some of its peers also lend, and are therefore able to generate interest income and fees during bull markets, Mastercard has avoided becoming a lender. It's something you'll truly appreciate when a recession strikes. Whereas most financial stocks will be forced to set aside capital to cover credit or loan delinquencies, Mastercard won't have to. This is a big reason it bounces back from recessions quicker than most financial stocks.\nImage source: Getty Images.\nTeva Pharmaceutical Industries\nIf you have an appetite for turnaround plays, brand-name and generic-drug developer Teva Pharmaceutical Industries (NYSE:TEVA) is the stock to buy hand over fist for the second half of 2021. Like Amazon, it's a stock that was added to Berkshire Hathaway's portfolio by either Combs or Weschler and not Buffett.\nWhile there's no denying that Teva has its fair share of hurdles to overcome, the company's turnaround-focused CEO, Kare Schultz, has been a blessing. Since taking the helm less than four years ago, Schultz has helped shave off more than $10 billion in net debt, and he's overseen the reduction of roughly $3 billion in annual operating expenses. There's more work to do to improve Teva's balance sheet, but the company is very clearly on much firmer ground than it was back in 2016-2017.\nSchultz also has the potential to play peacemaker for a number of outstanding lawsuits targeting Teva's role in the opioid crisis. If this litigation can be resolved with minimal cash outlay, Teva's valuation could soar. At just 4 times the company's projected earnings in 2021, Teva is about as cheap as a healthcare stock can get.\nImage source: Getty Images.\nBank of America\nLastly, bank stock Bank of America (NYSE:BAC) has the look of a company that can be confidently bought hand over fist for the second half of 2021.\nFor much of the past decade, the Federal Reserve has kept interest rates at or near historic lows. That's meant less in the way of interest income for banks. But the latest update from the nation's central bank suggests that interest rates could begin creeping up in 2023, a year earlier than previously forecast. Bank of America is the most interest-sensitive money-center bank. According to its first-quarter investor presentation, BofA would generate $8.3 billion in net interest income on a 100-basis-point shift in the interest rate yield curve. Translation: Bank of America's profits should rocket higher beginning in 2023-2024.\nAt the same time, BofA has done an outstanding job of controlling its costs and improving its operating efficiency. Investments in digitization have resulted in higher mobile app and digital banking use, which is allowing the company to consolidate some of its branches. Even with its shares at a 13-year high, Bank of America has plenty left in the tank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125470738,"gmtCreate":1624689189624,"gmtModify":1631887479453,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/125470738","repostId":"1112141657","repostType":4,"repost":{"id":"1112141657","kind":"news","pubTimestamp":1624674481,"share":"https://www.laohu8.com/m/news/1112141657?lang=&edition=full","pubTime":"2021-06-26 10:28","market":"us","language":"en","title":"These Stocks Could Have ‘Significant Upside’ From Infrastructure Spending","url":"https://stock-news.laohu8.com/highlight/detail?id=1112141657","media":"Barrons","summary":"Wall Street has been pricing in an infrastructure bill since the White House unveiled the American J","content":"<p>Wall Street has been pricing in an infrastructure bill&nbsp;since the White House unveiled the American Jobs Plan in April. When agreement came this past week, the rally continued.</p>\n<p>The&nbsp;Dow Jones Industrial Average&nbsp;climbed 1% on Thursday, and the&nbsp;S&amp;P 500 Industrial Sector&nbsp;added about 0.8%, both outpacing the broader market, as President Joe Biden announced that he had come to an agreement with a group of Republican and Democratic senators on an infrastructure package of roughly $600 billion. And the industrial outperformance continued on Friday.</p>\n<p>The package includes some $300 billion for roads, bridges, and other major transportation projects. An additional $266 billion includes water infrastructure, broadband, and power infrastructure. The spending is part of a larger package of approved spending that totals about $1.2 trillion over an eight-year period. The infrastructure bill must still be approved by Congress before Biden can sign it.</p>\n<p>Other priorities that Biden had outlined, such as more spending on child-care initiatives, will have to be pursued in a separate package devoted to “human infrastructure,” probably by using the budget reconciliation process in the Senate, where Democrats hold a tie-breaker vote. The bipartisan agreement would probably be tied to the reconciliation bill, as Biden has said he wants both on his desk at the same time.</p>\n<p>Still, agreement on the physical infrastructure spending is a victory for political comity, the economy, and potentially a range of stocks and market sectors. “Roughly $600 billion in new spending for roads, bridges, public transit, and broadband as well as a host of other areas would likely be considered a ‘win’ for the White House,” Wells Fargo economist Michael Pugliese said in a note. “As in baseball, a win does not always have to be a home run. Sometimes it pays to just get on base.”</p>\n<p>One way to play for further upside in the bipartisan deal is the package’s emphasis on expanding broadband, says Josh Duitz, who runs the $185 million Aberdeen Standard Global Infrastructure Income fund (ticker: ASGI). As of May 31, his portfolio’s holdings included&nbsp;American Tower(AMT). He added that&nbsp;Ferrovial(FER.Spain), a global infrastructure company that builds roads and other projects, would also benefit from the package. It’s another of his holdings. “This is just one more positive catalyst for infrastructure,” Duitz said.</p>\n<p>Analysts at Stifel, meanwhile, believe the deal “generates significant upside” for machinery, construction materials, and rental companies.</p>\n<p>Stifel said that the beneficiaries of the infrastructure bill include these five companies:Astec Industries(ASTE), whose products include asphalt and concrete;Martin Marietta Materials(MLM), which makes construction materials;Construction Partners(ROAD), which builds roadways;United Rentals(URI); and&nbsp;Vulcan Materials(VMC), which makes construction materials.</p>\n<p>Separately on Friday, Jefferies upgraded Martin Marietta Materials and Vulcan Materials to Buy from Hold. It also raised the price targets to $424 and $207, respectively.</p>\n<p>Stifel expects other companies to benefit, as well. Those include&nbsp;Caterpillar(CAT),Deere(DE),Manitowoc(MTW),Oshkosh(OSK), and&nbsp;Terex(TEX)—“each of which sells machinery into the infrastructure” market.</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>These Stocks Could Have ‘Significant Upside’ From Infrastructure Spending</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThese Stocks Could Have ‘Significant Upside’ From Infrastructure Spending\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-26 10:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/stocks-infrastructure-spending-51624667261?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street has been pricing in an infrastructure bill since the White House unveiled the American Jobs Plan in April. When agreement came this past week, the rally continued.\nThe Dow Jones Industrial...</p>\n\n<a href=\"https://www.barrons.com/articles/stocks-infrastructure-spending-51624667261?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MTW":"马尼托沃克","OSK":"Oshkosh","URI":"联合租赁","VMC":"火神材料","MLM":"马丁-玛丽埃塔材料","DE":"迪尔股份有限公司","TEX":"特雷克斯","CAT":"卡特彼勒","ASTE":"Astec实业","ROAD":"Construction Partners"},"source_url":"https://www.barrons.com/articles/stocks-infrastructure-spending-51624667261?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1112141657","content_text":"Wall Street has been pricing in an infrastructure bill since the White House unveiled the American Jobs Plan in April. When agreement came this past week, the rally continued.\nThe Dow Jones Industrial Average climbed 1% on Thursday, and the S&P 500 Industrial Sector added about 0.8%, both outpacing the broader market, as President Joe Biden announced that he had come to an agreement with a group of Republican and Democratic senators on an infrastructure package of roughly $600 billion. And the industrial outperformance continued on Friday.\nThe package includes some $300 billion for roads, bridges, and other major transportation projects. An additional $266 billion includes water infrastructure, broadband, and power infrastructure. The spending is part of a larger package of approved spending that totals about $1.2 trillion over an eight-year period. The infrastructure bill must still be approved by Congress before Biden can sign it.\nOther priorities that Biden had outlined, such as more spending on child-care initiatives, will have to be pursued in a separate package devoted to “human infrastructure,” probably by using the budget reconciliation process in the Senate, where Democrats hold a tie-breaker vote. The bipartisan agreement would probably be tied to the reconciliation bill, as Biden has said he wants both on his desk at the same time.\nStill, agreement on the physical infrastructure spending is a victory for political comity, the economy, and potentially a range of stocks and market sectors. “Roughly $600 billion in new spending for roads, bridges, public transit, and broadband as well as a host of other areas would likely be considered a ‘win’ for the White House,” Wells Fargo economist Michael Pugliese said in a note. “As in baseball, a win does not always have to be a home run. Sometimes it pays to just get on base.”\nOne way to play for further upside in the bipartisan deal is the package’s emphasis on expanding broadband, says Josh Duitz, who runs the $185 million Aberdeen Standard Global Infrastructure Income fund (ticker: ASGI). As of May 31, his portfolio’s holdings included American Tower(AMT). He added that Ferrovial(FER.Spain), a global infrastructure company that builds roads and other projects, would also benefit from the package. It’s another of his holdings. “This is just one more positive catalyst for infrastructure,” Duitz said.\nAnalysts at Stifel, meanwhile, believe the deal “generates significant upside” for machinery, construction materials, and rental companies.\nStifel said that the beneficiaries of the infrastructure bill include these five companies:Astec Industries(ASTE), whose products include asphalt and concrete;Martin Marietta Materials(MLM), which makes construction materials;Construction Partners(ROAD), which builds roadways;United Rentals(URI); and Vulcan Materials(VMC), which makes construction materials.\nSeparately on Friday, Jefferies upgraded Martin Marietta Materials and Vulcan Materials to Buy from Hold. It also raised the price targets to $424 and $207, respectively.\nStifel expects other companies to benefit, as well. Those include Caterpillar(CAT),Deere(DE),Manitowoc(MTW),Oshkosh(OSK), and Terex(TEX)—“each of which sells machinery into the infrastructure” market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122314213,"gmtCreate":1624597433532,"gmtModify":1631887479467,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/122314213","repostId":"1137689091","repostType":4,"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128527534,"gmtCreate":1624524741928,"gmtModify":1631887479478,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128527534","repostId":"1159732624","repostType":4,"repost":{"id":"1159732624","kind":"news","pubTimestamp":1624523072,"share":"https://www.laohu8.com/m/news/1159732624?lang=&edition=full","pubTime":"2021-06-24 16:24","market":"us","language":"en","title":"The Fed's Inflation Gamble Continues","url":"https://stock-news.laohu8.com/highlight/detail?id=1159732624","media":"zerohedge","summary":"The fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the","content":"<p>The fed's inflation gamble continues...</p>\n<p>Are central banks trapped?</p>\n<p>Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.</p>\n<p>The fed's inflation gamble continues...</p>\n<p>Are central banks trapped?</p>\n<p>Last week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.</p>\n<p><img src=\"https://static.tigerbbs.com/b5f6f4d07713bdee7bee47adab746e65\" tg-width=\"1004\" tg-height=\"576\"><i>Gold Price Daily Chart</i></p>\n<p>Fed on Economic Recovery</p>\n<p>The Summary of Economic Projections (known as the dot-plots) released with the statement showed that committee members changed their median projection for the Fed Funds rate from its current rate of 0.1% to 0.6% by 2023 year-end – an increase of 0.5% or two rate increases more than two years from now.</p>\n<p>And these forecasted rate increases will only happen if inflation is well anchored above the 2% target and the Fed feels it has met its maximum employment part of the mandate. In response to a question in the press conference Chair Powell said:</p>\n<blockquote>\n <i>… the main message I would take away from the SEP is that many [FOMC] participants are more comfortable that the economic conditions in the Committee's forward guidance will be met somewhat sooner than previously anticipated [i.e., labor market conditions consistent with maximum employment, inflation at 2 percent and on track to exceed 2 percent]. And that [is] a welcome development. If such outcomes materialize, it means the economy will have made faster progress toward our goals.</i>\n</blockquote>\n<blockquote>\n <i> …… the other thing I'll say is</i>\n <i><b>rate increases are really not at all the focus of the Committee.</b></i>\n <i>The focus of the Committee is the current state of the economy. …</i>\n <i><b>we're [still] very far from maximum employment,</b></i>\n <i>for example. …</i>\n <i><b>the near-term discussion that will begin is about the path of asset purchases</b></i>\n <i>… we [discussed] that today, and expect to continue in future meetings to think about our progress … Lift-off [a hike in the FF-rate] is well into the future …</i>\n</blockquote>\n<p>The Fed has reason to be optimistic about the economy, as economic data, both anecdotal and official data releases have been stronger than expected.</p>\n<p>The housing market in many parts of the country is red hot, employers are scrambling to find workers, retail sales have been strong, and inflation, even taking out the drop from last year has been somewhat elevated.</p>\n<p>And remember the Fed is adding US$80 billion in US Treasuries, and US$40 billion in mortgage-backed securities to its balance sheet each month – that’s $120 billion in extra liquidity flowing straight into already drunk markets.</p>\n<p>Assets on the Fed’s balance sheet hit over US$8 trillion last week – that is 36% of US GDP.</p>\n<p>So here is the trap – not only did gold prices decline by almost 5% last week, but interest rates shot up and the US dollar gained strength – all on the Fed<i>talking about tapering</i>and a forecast of a possible increase more than two years from now. Back to Powell’s press conference for his comments on tapering:</p>\n<blockquote>\n <i>… [As to when we might consider starting to reduce our asset purchases] you can think of this meeting that we had as</i>\n <i><b>the talking about [tapering] meeting</b></i>\n <i>…</i>\n</blockquote>\n<blockquote>\n <i>… We don't think that we're in a situation [where we need to raise rates to control inflation]. We think that</i>\n <i><b>the economy is recovering from a deep hole</b></i>\n <i>, an unusual hole actually, because it's to do with shutting down the economy. It turns out it's a heck of a lot easier to create demand than it is to bring supply back up to snuff …</i>\n</blockquote>\n<p><img src=\"https://static.tigerbbs.com/ec4fa685f7c5899a9b342d3532c07720\" tg-width=\"1006\" tg-height=\"574\"><img src=\"https://static.tigerbbs.com/1e18dc5c6c4033c23e38c134098332cb\" tg-width=\"1010\" tg-height=\"578\"></p>\n<p><i>US Dollar Index (DXY) Chart</i></p>\n<p><b>Threat of soaring debts</b></p>\n<p>If the market reaction is this strong when the Fed only starts mentioning that it is talking about a plan to cut back on asset purchases. Moreover, that there might be an eventual interest rate increase more than two years from now. How do they actually get a plan implemented that doesn’t send the US economy into a downturn?</p>\n<p>The US government added more than US$5 trillion in debt since the onset of the Covid-19 Pandemic in March of 2020. Also, the baseline projection from the Congressional Budget Office is that the US federal budget deficit will average US$1.2 trillion per year over the next decade.</p>\n<p>That’s right this is the baseline projection! It does not include any extra spending that the Biden Administration and Congress may pass (such as the currently debated infrastructure bill). US debt is now more than 100% of GDP. For every 1 percent increase in interest rates, more of the US government revenues are sucked up servicing its debt, which leaves less for other programs, which no politicians want!</p>\n<p>And if the US leads the way with interest rate increases this puts more upward pressure on the US dollar. Which is good for US consumers of imported goods, but not good for US exporting companies or their employees.</p>\n<p>Bottom line is that the Fed is going to stay behind the inflation curve and lower for longer is still the motto of the day. Higher inflation, low real-rates, and a lower dollar are all good for gold in the long-run!</p>\n<p>We turn back to Chair Powell’s comments in the press conference for the last word:</p>\n<blockquote>\n <i>… the last thing to say is, the</i>\n <i><b>dots are not a great forecaster of future rate moves.</b></i>\n <i>And that's because it's so highly uncertain …</i>\n</blockquote>","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 Fed's Inflation Gamble Continues</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 Fed's Inflation Gamble Continues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 16:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/news/2021-06-23/feds-inflation-gamble-continues><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.\n...</p>\n\n<a href=\"https://www.zerohedge.com/news/2021-06-23/feds-inflation-gamble-continues\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/news/2021-06-23/feds-inflation-gamble-continues","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1159732624","content_text":"The fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.\nThe fed's inflation gamble continues...\nAre central banks trapped?\nLast week’s Fed statement and the press conference that followed proved to be the start of a US$90 (4.8%) decline in the gold price.\nGold Price Daily Chart\nFed on Economic Recovery\nThe Summary of Economic Projections (known as the dot-plots) released with the statement showed that committee members changed their median projection for the Fed Funds rate from its current rate of 0.1% to 0.6% by 2023 year-end – an increase of 0.5% or two rate increases more than two years from now.\nAnd these forecasted rate increases will only happen if inflation is well anchored above the 2% target and the Fed feels it has met its maximum employment part of the mandate. In response to a question in the press conference Chair Powell said:\n\n… the main message I would take away from the SEP is that many [FOMC] participants are more comfortable that the economic conditions in the Committee's forward guidance will be met somewhat sooner than previously anticipated [i.e., labor market conditions consistent with maximum employment, inflation at 2 percent and on track to exceed 2 percent]. And that [is] a welcome development. If such outcomes materialize, it means the economy will have made faster progress toward our goals.\n\n\n …… the other thing I'll say is\nrate increases are really not at all the focus of the Committee.\nThe focus of the Committee is the current state of the economy. …\nwe're [still] very far from maximum employment,\nfor example. …\nthe near-term discussion that will begin is about the path of asset purchases\n… we [discussed] that today, and expect to continue in future meetings to think about our progress … Lift-off [a hike in the FF-rate] is well into the future …\n\nThe Fed has reason to be optimistic about the economy, as economic data, both anecdotal and official data releases have been stronger than expected.\nThe housing market in many parts of the country is red hot, employers are scrambling to find workers, retail sales have been strong, and inflation, even taking out the drop from last year has been somewhat elevated.\nAnd remember the Fed is adding US$80 billion in US Treasuries, and US$40 billion in mortgage-backed securities to its balance sheet each month – that’s $120 billion in extra liquidity flowing straight into already drunk markets.\nAssets on the Fed’s balance sheet hit over US$8 trillion last week – that is 36% of US GDP.\nSo here is the trap – not only did gold prices decline by almost 5% last week, but interest rates shot up and the US dollar gained strength – all on the Fedtalking about taperingand a forecast of a possible increase more than two years from now. Back to Powell’s press conference for his comments on tapering:\n\n… [As to when we might consider starting to reduce our asset purchases] you can think of this meeting that we had as\nthe talking about [tapering] meeting\n…\n\n\n… We don't think that we're in a situation [where we need to raise rates to control inflation]. We think that\nthe economy is recovering from a deep hole\n, an unusual hole actually, because it's to do with shutting down the economy. It turns out it's a heck of a lot easier to create demand than it is to bring supply back up to snuff …\n\n\nUS Dollar Index (DXY) Chart\nThreat of soaring debts\nIf the market reaction is this strong when the Fed only starts mentioning that it is talking about a plan to cut back on asset purchases. Moreover, that there might be an eventual interest rate increase more than two years from now. How do they actually get a plan implemented that doesn’t send the US economy into a downturn?\nThe US government added more than US$5 trillion in debt since the onset of the Covid-19 Pandemic in March of 2020. Also, the baseline projection from the Congressional Budget Office is that the US federal budget deficit will average US$1.2 trillion per year over the next decade.\nThat’s right this is the baseline projection! It does not include any extra spending that the Biden Administration and Congress may pass (such as the currently debated infrastructure bill). US debt is now more than 100% of GDP. For every 1 percent increase in interest rates, more of the US government revenues are sucked up servicing its debt, which leaves less for other programs, which no politicians want!\nAnd if the US leads the way with interest rate increases this puts more upward pressure on the US dollar. Which is good for US consumers of imported goods, but not good for US exporting companies or their employees.\nBottom line is that the Fed is going to stay behind the inflation curve and lower for longer is still the motto of the day. Higher inflation, low real-rates, and a lower dollar are all good for gold in the long-run!\nWe turn back to Chair Powell’s comments in the press conference for the last word:\n\n… the last thing to say is, the\ndots are not a great forecaster of future rate moves.\nAnd that's because it's so highly uncertain …","news_type":1},"isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":120751235,"gmtCreate":1624339082527,"gmtModify":1631887479489,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/120751235","repostId":"2145757030","repostType":4,"repost":{"id":"2145757030","kind":"news","pubTimestamp":1624337760,"share":"https://www.laohu8.com/m/news/2145757030?lang=&edition=full","pubTime":"2021-06-22 12:56","market":"us","language":"en","title":"Nissan CEO says performance for April, May better than expected","url":"https://stock-news.laohu8.com/highlight/detail?id=2145757030","media":"StreetInsider","summary":"TOKYO (Reuters) - Nissan Motor Co's financial performance in April and May was better than expected,","content":"<p>TOKYO (Reuters) - Nissan Motor Co's financial performance in April and May was better than expected, the automaker's president said at the annual general meeting (AGM) on Tuesday.</p>\n<p>The announcement to shareholders came after the automaker's forecast last month that its sales would break even for the fiscal year that began on April 1.</p>\n<p>\"But we already see signs of recovery,\" said Nissan's Chief Executive Officer Uchida. \"Thanks to the strong results of our ongoing efforts over the past year, Nissan's performance for April and May is better than our plan.\"</p>\n<p>The global Nissan team is \"doing everything it can\" to avoid three consecutive years of losses, Uchida said.</p>\n<p>Nissan, like other automakers, has been making production adjustments because of a global chip supply crunch. Sources have told Reuters the company would temporarily halt production at some plants in Japan and Mexico this month.</p>\n<p>\"As we pay close attention to the market trends and adjust production of models, we are minimising the negative impact of the semiconductor supply issue on the plant utilisation rate,\" Uchida said.</p>\n<p>He added that the company was trying to make up for the production loss within the financial year and to take action to ensure stability in its supply of parts.</p>\n<p>Although the company is not ready to provide dividend forecasts, it will try to generate sufficient net cash and resume payments as soon as possible, Uchida said.</p>\n<p>When a shareholder asked about a domestic media report last week that the automaker is ending the development of its Skyline sedans, Uchida said that Nissan has made no such decision.</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>Nissan CEO says performance for April, May better than expected</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\">\nNissan CEO says performance for April, May better than expected\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 12:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18585925><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TOKYO (Reuters) - Nissan Motor Co's financial performance in April and May was better than expected, the automaker's president said at the annual general meeting (AGM) on Tuesday.\nThe announcement to ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18585925\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NSANY":"日产汽车"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18585925","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145757030","content_text":"TOKYO (Reuters) - Nissan Motor Co's financial performance in April and May was better than expected, the automaker's president said at the annual general meeting (AGM) on Tuesday.\nThe announcement to shareholders came after the automaker's forecast last month that its sales would break even for the fiscal year that began on April 1.\n\"But we already see signs of recovery,\" said Nissan's Chief Executive Officer Uchida. \"Thanks to the strong results of our ongoing efforts over the past year, Nissan's performance for April and May is better than our plan.\"\nThe global Nissan team is \"doing everything it can\" to avoid three consecutive years of losses, Uchida said.\nNissan, like other automakers, has been making production adjustments because of a global chip supply crunch. Sources have told Reuters the company would temporarily halt production at some plants in Japan and Mexico this month.\n\"As we pay close attention to the market trends and adjust production of models, we are minimising the negative impact of the semiconductor supply issue on the plant utilisation rate,\" Uchida said.\nHe added that the company was trying to make up for the production loss within the financial year and to take action to ensure stability in its supply of parts.\nAlthough the company is not ready to provide dividend forecasts, it will try to generate sufficient net cash and resume payments as soon as possible, Uchida said.\nWhen a shareholder asked about a domestic media report last week that the automaker is ending the development of its Skyline sedans, Uchida said that Nissan has made no such decision.","news_type":1},"isVote":1,"tweetType":1,"viewCount":179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167193075,"gmtCreate":1624250694597,"gmtModify":1634008866575,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167193075","repostId":"1113916113","repostType":4,"isVote":1,"tweetType":1,"viewCount":231,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162785864,"gmtCreate":1624075853858,"gmtModify":1634010995994,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/162785864","repostId":"1156696708","repostType":4,"repost":{"id":"1156696708","kind":"news","pubTimestamp":1624063306,"share":"https://www.laohu8.com/m/news/1156696708?lang=&edition=full","pubTime":"2021-06-19 08:41","market":"us","language":"en","title":"Dow falls more than 500 points to close out its worst week since October","url":"https://stock-news.laohu8.com/highlight/detail?id=1156696708","media":"cnbc","summary":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since Octob","content":"<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow falls more than 500 points to close out its worst week since October</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\">\nDow falls more than 500 points to close out its worst week since October\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 08:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.cnbc.com/2021/06/17/stock-market-futures-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1156696708","content_text":"Stocks fell on Friday, with theDow Jones Industrial Averageposting its worst weekly loss since October, as traders worried the Federal Reserve could start raising rates sooner than expected.\nThe blue-chip average dropped 533.37 points, or 1.6%, to 33,290.08. TheS&P 500slid 1.3% to 4,166.45. Both the Dow and S&P 500 hit their session lows in the final minutes of trading and closed around those levels. TheNasdaq Compositeclosed 0.9% lower at 14,030.38. Economic comeback plays led the market losses.\nFor the week, the 30-stock Dow lost 3.5%. The S&P 500 and Nasdaq were down by 1.9% and 0.2%, respectively, week to date.\nSt. Louis Federal Reserve President Jim Bullardtold CNBC's \"Squawk Box\"on Friday it was natural for the Fed to tilt a little \"hawkish\" this week and that the first rate increase from the central bank would likely come in 2022. His comments came after the Fed on Wednesday added two rate hikes to its 2023 forecast and increased its inflation projection for the year, putting pressure on stock prices.\n\"The fear held by some investors is that if the Fed tightens policy sooner than expected to help cool inflationary pressures, this could weigh on future economic growth,\" Truist Advisory Services chief market strategist Keith Lerner said in a note. To be sure, he added it would be premature to give up on the so-called value trade right now.\nPockets of the market most sensitive to the economic rebound led the sell-off this week. The S&P 500 energy sector and industrials dropped 5.2% and 3.8%, respectively, for the week. Financials and materials meanwhile, lost more than 6% each. These groups had been market leaders this year on the back of the economic reopening.\nThe decline in stocks came as the Fed's actions caused a drastic flattening of the so-called Treasury yield curve. This means the yields of shorter-duration Treasurys — like the 2-year note — rose while longer-duration yields like the benchmark 10-year declined. The retreat in long-dated bond yields reflects less optimism toward economic growth, while the jump in short-end yields shows the expectations of the Fed raising rates.\nThis phenomenon hurt bank stocks particularly as their earnings could take a hit when the spread between short-term and long-term rates narrows. Bank of America and JPMorgan Chase shares on Friday lost more than 2% each. Citigroup fell by 1.8%, posting its 12th straight daily decline.\nFed Chairman Jerome Powell said Wednesday that officials have discussed tapering bond buying and would at some point begin slowing the asset purchases.\n\"This week's first whiff of an eventual change in Fed policy was a reminder that emergency monetary conditions and the free-money era will ultimately end,\" strategists at MRB Partners wrote in a note. \"We expect a series of incremental retreats from the Fed's benign inflation outlook in the coming months.\"\nCommodity prices were underpressure this weekas China attempted to cool rising prices and as the U.S. dollar strengthens. Copper, gold and platinum fell once again on Friday.\nFriday also coincided with the quarterly \"quadruple witching\" in which options and futures on indexes and equities expire. This event may have contributed to more volatile trading during the session.","news_type":1},"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166179462,"gmtCreate":1623999102456,"gmtModify":1634024334985,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166179462","repostId":"1149669763","repostType":4,"repost":{"id":"1149669763","kind":"news","pubTimestamp":1623995416,"share":"https://www.laohu8.com/m/news/1149669763?lang=&edition=full","pubTime":"2021-06-18 13:50","market":"us","language":"en","title":"Malaysia’s Carsome Weighs U.S. Listing With SPAC as Option","url":"https://stock-news.laohu8.com/highlight/detail?id=1149669763","media":"Bloomberg","summary":"Startup is seeking a valuation of about $2 billion in the deal\nKuala Lumpur-based Carsome set to be ","content":"<ul>\n <li>Startup is seeking a valuation of about $2 billion in the deal</li>\n <li>Kuala Lumpur-based Carsome set to be country’s first unicorn</li>\n</ul>\n<p>Carsome Sdn., an online used car platform in Southeast Asia, is weighing going public in the U.S. in a deal that would make it Malaysia’s first unicorn, according to people with knowledge of the matter.</p>\n<p>The startup is working with advisers and is seeking a valuation of about $2 billion in a listing, which could be a merger with a special purpose acquisition company or a conventional initial public offering, said the people. A deal to take the company public could take place as soon as the end of the year, they said.</p>\n<p>Kuala Lumpur-based Carsome is conducting a pre-IPO funding round that aims to raise about $150 million, said the people, asking not to be identified because the matter is private.</p>\n<p>Deliberations are ongoing and details of the listing could change, they said. A representative for Carsome didn’t immediately respond to requests for comment.</p>\n<p>At a $2 billion valuation, Carsome would become Malaysia’s first unicorn. The car sales platform operator would join other companies in the region such as Indonesia’s&nbsp;Tiket.com&nbsp;as well as Singapore’s&nbsp;PropertyGuru Pte&nbsp;and&nbsp;Grab Holdings Inc.&nbsp;in planning to list in the U.S. via mergers with blank-check firms.</p>\n<p>Carsome was founded in 2015 and has expanded its presence to Indonesia, Thailand and Singapore in recent years. The company’s platform sees sales involving more than 40,000 cars annually, with a transaction value of over $600 million, according to its&nbsp;website. It works with more than 8,000 used car dealers who have collectively made more than 2.3 million bids.</p>\n<p>Its regional rival, Singaporean used car platform Carro,raised$360 million in June to fuel expansion in Thailand and Indonesia before pursuing a U.S. listing.</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>Malaysia’s Carsome Weighs U.S. Listing With SPAC as Option</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\">\nMalaysia’s Carsome Weighs U.S. Listing With SPAC as Option\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 13:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-18/malaysia-s-carsome-said-to-mull-u-s-listing-with-spac-as-option><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Startup is seeking a valuation of about $2 billion in the deal\nKuala Lumpur-based Carsome set to be country’s first unicorn\n\nCarsome Sdn., an online used car platform in Southeast Asia, is weighing ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-18/malaysia-s-carsome-said-to-mull-u-s-listing-with-spac-as-option\">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.bloomberg.com/news/articles/2021-06-18/malaysia-s-carsome-said-to-mull-u-s-listing-with-spac-as-option","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149669763","content_text":"Startup is seeking a valuation of about $2 billion in the deal\nKuala Lumpur-based Carsome set to be country’s first unicorn\n\nCarsome Sdn., an online used car platform in Southeast Asia, is weighing going public in the U.S. in a deal that would make it Malaysia’s first unicorn, according to people with knowledge of the matter.\nThe startup is working with advisers and is seeking a valuation of about $2 billion in a listing, which could be a merger with a special purpose acquisition company or a conventional initial public offering, said the people. A deal to take the company public could take place as soon as the end of the year, they said.\nKuala Lumpur-based Carsome is conducting a pre-IPO funding round that aims to raise about $150 million, said the people, asking not to be identified because the matter is private.\nDeliberations are ongoing and details of the listing could change, they said. A representative for Carsome didn’t immediately respond to requests for comment.\nAt a $2 billion valuation, Carsome would become Malaysia’s first unicorn. The car sales platform operator would join other companies in the region such as Indonesia’s Tiket.com as well as Singapore’s PropertyGuru Pte and Grab Holdings Inc. in planning to list in the U.S. via mergers with blank-check firms.\nCarsome was founded in 2015 and has expanded its presence to Indonesia, Thailand and Singapore in recent years. The company’s platform sees sales involving more than 40,000 cars annually, with a transaction value of over $600 million, according to its website. It works with more than 8,000 used car dealers who have collectively made more than 2.3 million bids.\nIts regional rival, Singaporean used car platform Carro,raised$360 million in June to fuel expansion in Thailand and Indonesia before pursuing a U.S. listing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":132,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166147283,"gmtCreate":1623999006342,"gmtModify":1634024336951,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166147283","repostId":"1175693382","repostType":4,"repost":{"id":"1175693382","kind":"news","pubTimestamp":1623978463,"share":"https://www.laohu8.com/m/news/1175693382?lang=&edition=full","pubTime":"2021-06-18 09:07","market":"us","language":"en","title":"Alibaba Stock: The Bottoming Process Looks To Be Forming Already","url":"https://stock-news.laohu8.com/highlight/detail?id=1175693382","media":"seekingalpha","summary":"Alibaba is probably the most undervalued growth stock right now.The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.The short term technical picture may be turning bullish with a potential double bottom price action signal.When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Alibaba is probably the most undervalued growth stock right now.</li>\n <li>The company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.</li>\n <li>The short term technical picture may be turning bullish with a potential double bottom price action signal.</li>\n <li>We discuss the company’s multiple growth drivers and let investors judge for themselves.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/05e63c77d4f3f3dc3d618e43044638bb\" tg-width=\"768\" tg-height=\"512\"><span>Yongyuan Dai/iStock Unreleased via Getty Images</span></p>\n<p><b>The Technical Thesis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7febf6ed056b0e3bc038321cdaad9b1c\" tg-width=\"1280\" tg-height=\"782\"><span>Source: TradingView</span></p>\n<p>Alibaba’s&nbsp;stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.</p>\n<p><b>BABA's Fundamental Thesis: Rapidly Expanding Growth Drivers</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/eba49f5881708929949c30628eedc5d4\" tg-width=\"934\" tg-height=\"578\"><span>Annual GMV. Data source: Company filings</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a4d6c4ed3e2402f5af52b2dea8bab411\" tg-width=\"836\" tg-height=\"517\"><span>Annual e-commerce revenue. Data source: Company filings</span></p>\n<p>BABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.</p>\n<p>Even though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ffe2dee43f267e1d1399c68e3ca60f36\" tg-width=\"600\" tg-height=\"371\"><span>E-commerce revenue in the U.S. Data source: Statista</span></p>\n<p>When we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0d5a8d0d8a6a2dcdf667a6f33c6c9771\" tg-width=\"1280\" tg-height=\"702\"><span>Peers EBIT Margin and Projected EBIT Margin. Data source: S&amp;P Capital IQ</span></p>\n<p>Even though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&amp;A, and therefore skewed its EBIT margin to the downside.</p>\n<p>One important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of&nbsp;823M AAC&nbsp;in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only&nbsp;100M AAC in Q2’C17&nbsp;as compared to BABA’s 466M AAC in the same period.</p>\n<p>Therefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b83b69b08b1f4b11a26393c8e6eead5\" tg-width=\"600\" tg-height=\"371\"><span>Market size of community group buying in China. Data source: iiMedia Research</span></p>\n<p>Even though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b97b2b4a8a182dc9846d8fb7e4039877\" tg-width=\"1280\" tg-height=\"770\"><span>PDD profitability metrics &amp; revenue growth forecast. Data source: S&amp;P Capital IQ</span></p>\n<p>We could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3aadc32155b4108426a1a982e3b5b1c2\" tg-width=\"640\" tg-height=\"360\"><span>China public cloud spending. Source:China Internet Watch; Canalys</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c1538b9f7bdc8d6d35a72d9acf8ecbc\" tg-width=\"600\" tg-height=\"371\"><span>Size of China public cloud market. Data source: CAICT; Sina.com.cn</span></p>\n<p>BABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/06198c569504bc303c34563041dfb294\" tg-width=\"600\" tg-height=\"371\"><span>Worldwide public cloud spending. Data source: Gartner</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8482037f60575f964053ab732496bee3\" tg-width=\"1176\" tg-height=\"700\"><span>Worldwide public cloud market share. Source:CnTechPost; Gartner</span></p>\n<p>Therefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.</p>\n<p><b>BABA's Valuations Look Highly Compelling</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/62a087c4b3ef7efc2c5dde813e3b959d\" tg-width=\"1000\" tg-height=\"600\"><span>NTM TEV / EBIT 3Y range.</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b2605c0e5ad364a7a43929fef204595c\" tg-width=\"1280\" tg-height=\"687\"><span>EV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&amp;P Capital IQ</span></p>\n<p>When we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d27873e676dfb23c98d4a69aa5861e02\" tg-width=\"1280\" tg-height=\"1117\"><span>Peers EV / EBIT Valuations. Data source: S&amp;P Capital IQ</span></p>\n<p>By using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.</p>\n<p><b>Risks to Assumptions</b></p>\n<p>Now, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.</p>\n<p><b>Wrapping It All Up</b></p>\n<p>Alibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.</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>Alibaba Stock: The Bottoming Process Looks To Be Forming Already</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 Stock: The Bottoming Process Looks To Be Forming Already\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 09:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short...</p>\n\n<a href=\"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09988":"阿里巴巴-W","BABA":"阿里巴巴"},"source_url":"https://seekingalpha.com/article/4435297-alibaba-stock-bottoming-process-forming-buy-now","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175693382","content_text":"Summary\n\nAlibaba is probably the most undervalued growth stock right now.\nThe company’s multiple growth drivers within a rapidly expanding market made its valuations look even more baffling.\nThe short term technical picture may be turning bullish with a potential double bottom price action signal.\nWe discuss the company’s multiple growth drivers and let investors judge for themselves.\n\nYongyuan Dai/iStock Unreleased via Getty Images\nThe Technical Thesis\nSource: TradingView\nAlibaba’s stock price has endured a terrible 8 months ever since its Ant Financial IPO was pulled in early Nov 20, with the stock languishing in the doldrums 34% off its high. When considering the health of its long term uptrend, it’s clear that BABA has a relatively strong uptrend bias and has generally been well supported along its key 50W MA. The only other time in the last 4 years that it lost its key 50W MA support level was during the 2018 bear market where BABA dropped about 40%, but was still well supported above the important 200W MA, which we usually consider as the “last line of defense”. Right now BABA is somewhat facing a similar situation again: down 34%, lost the 50W MA, but looks to be well supported above the 200W MA. In addition to that, one interesting observation in price action analysis may lead price action traders/investors to be especially bullish: a potential double bottom formation. BABA's price is seemingly going through a double bottom like it did during the 2018 bear market before it rallied strongly thereafter. As a result, BABA’s current level may offer a possible technical buy entry point now.\nBABA's Fundamental Thesis: Rapidly Expanding Growth Drivers\nAnnual GMV. Data source: Company filings\nAnnual e-commerce revenue. Data source: Company filings\nBABA’s GMV grew from 1.68T yuan to 7.49T yuan in just a matter of 7 years, which represented a CAGR of 23.8%, a truly amazing growth rate. We also saw its GMV growth being converted into revenue growth as its China commerce revenue grew from 7.67B yuan to 473.68B yuan, at a CAGR of 51% over the last 10 years. While its international footprint remains considerably smaller, it still grew at a CAGR of 30.42% over the last 10 years, which was by no means slow.\nEven though China’s e-commerce market is expected to grow considerably slower at a CAGR of 12.4% over the next three years, from 13.8T yuan, equivalent to $2.16T in 2021 to 19.6T yuan,equivalent to $3.06T by 2024, the massive size of the market still offers tremendous upside potential for BABA and its closest competitors to grow into.\nE-commerce revenue in the U.S. Data source: Statista\nWhen we take things into clearer perspective by comparing China’s growth rate and size of its market to that of the U.S. e-commerce market, we could see the huge differences in their sizes and growth rates as the U.S. e-commerce market is only expected to grow at a CAGR of 4.67% from 2021 to 2025, which is significantly slower than China’s 12.4%. In addition, the U.S. market is also expected to reach about $563B in total revenue, which is 18% of what the China market is expected to be worth by then.\nPeers EBIT Margin and Projected EBIT Margin. Data source: S&P Capital IQ\nEven though Alibaba has been facing increased competitive pressures from its fast growing key competitors: JD.com(NASDAQ:JD)and Pinduoduo(NASDAQ:PDD), BABA has already been operating a much more profitable business (both EBIT and FCF), and is expected to continue delivering strong profitability moving forward, which should give the company tremendous flexibility to compete head on with JD and PDD in its quest to extend its leadership. Investors may observe that BABA’s EBIT margin was affected by the one-off administrative penalty of $2,782M that was reflected in its SG&A, and therefore skewed its EBIT margin to the downside.\nOne important move was the company’s decision to further its investment in the Community Marketplace, which is PDD’s main e-commerce strategy that saw PDD gain a total of 823M AAC in its latest quarter as compared to BABA’s 891M AAC. PDD’s AAC growth is truly phenomenal considering it had only 100M AAC in Q2’C17 as compared to BABA’s 466M AAC in the same period.\nTherefore, the momentum of growth has surely swung over to the Community Marketplace segment and BABA would need to pull out its big guns (which it has) to compete for dominance with PDD and JD.\nMarket size of community group buying in China. Data source: iiMedia Research\nEven though the expected total market size of 102B yuan by 2022 represented only about 21.5% of BABA’s FY 21 China commerce revenue, the expected rapid CAGR of 44.22% over 3 years from 2019 to 2022 cannot be missed by BABA. Although the market is still relatively small, BABA cannot allow the current leader in this market: PDD to so easily dominate and gobble up the early high growth rates at the ignorance of everyone else. Certainly BABA must compete and fight for its place in this segment and strive for early leadership to prevent PDD from extending its lead.\nPDD profitability metrics & revenue growth forecast. Data source: S&P Capital IQ\nWe could observe from the above chart that PDD is expected to continue growing its revenue rapidly over the next few years, even though they are expected to normalize subsequently. More importantly, PDD is also expected to increasingly improve its EBIT and FCF profitability moving forward. This shows that the Community Marketplace segment is an highly important growth driver that BABA must use its strength to exploit in order to deny PDD’s claim to undisputed leadership so early on in the game.\nChina public cloud spending. Source:China Internet Watch; Canalys\nSize of China public cloud market. Data source: CAICT; Sina.com.cn\nBABA has a 40% share in China’s public cloud market, way ahead of its key competitors. However, it’s important to note that despite this leadership, BABA is still in heavy investment mode to continue growing its market share as China’s public cloud market is expected to grow from 26.48B yuan in 2017 to 230.74B yuan by 2023, which would represent a CAGR of 43.4%, an incredibly stellar growth rate. This is especially clear when we compare China’s growth rate to the worldwide growth rate (see below) as public cloud spending worldwide is expected to grow from $145B in 2017 to $397B by 2022, that would represent a CAGR of 22.3%.\nWorldwide public cloud spending. Data source: Gartner\nWorldwide public cloud market share. Source:CnTechPost; Gartner\nTherefore, I don’t find it surprising that Ali Cloud has continued to extend its lead over Alphabet’s(NASDAQ:GOOGL)(NASDAQ:GOOG)GCP with a market share of 9.5% in 2020. While AMZN remains the clear leader in the market, its market share has been coming down considerably as public cloud spending continues to expand, indicating that there is a huge potential for growth for multiple players to exist. With BABA’s leadership in the rapidly expanding Chinese market, I’m increasingly bullish on the future profit and FCF contribution from this segment to BABA’s performance over time. Although BABA’s cloud segment has not been EBIT profitable yet (FY 21 EBIT margin: -15%, FY 20 EBIT margin: -17.5%), it’s also useful to note that GCP has also not been profitable for Alphabet as well (FY 20 EBIT margin: -42.9%, FY 19 EBIT margin: -52%). Therefore, we need to give BABA some time to scale up its cloud services in APAC and in China where it is expected to have stronger leadership to allow it to grow faster and investors should expect this to be a highly profitable segment over time.\nBABA's Valuations Look Highly Compelling\nNTM TEV / EBIT 3Y range.\nEV / Fwd EBIT and EV / Fwd Rev trend. Data source: S&P Capital IQ\nWhen we consider BABA's TEV / EBIT historical range, where the 3Y mean read 33.54x, BABA’s EV / Fwd EBIT trend certainly imply a hugely undervalued stock as BABA is still expected to grow its revenue and operating profits rapidly. However, as we wanted to obtain greater clarity over how its counterparts are also valued, we thought it would be useful if we value BABA’s EBIT over a set of benchmark companies that is presented below.\nPeers EV / EBIT Valuations. Data source: S&P Capital IQ\nBy using a blend of historical and forward EBIT, we could see that BABA’s EV / EBIT really looks undervalued when compared to the median value of the set of observed values from the benchmark companies. We derived a fair value range for BABA of $294.98 at the midpoint of the range, that represented a potential upside of 40.5% based on the current stock price of $210.\nRisks to Assumptions\nNow, it’s obviously baffling to watch how Mr. Market has decided to discount BABA to such an extent as if the company has lost all its key sources of growth, when in fact there is still so much potential upside coming from its commerce segment, the new marketplace initiatives and its growing Ali Cloud segment, among others. The main realistic reason that we identified for the stock's underperformance would simply be regulatory risk. We think investors should acknowledge that this risk is very real and at times huge Chinese companies have found themselves to be subjected to extra scrutiny (which is nothing new in fact) by the Chinese government. What’s critical here is that the Chinese government seemingly has significant clout over the behavior and actions of their tech behemoths that at times may be largely unpredictable. The market certainly hates unpredictability and therefore they may have significantly discounted BABA as a result of that. If investors are not able to handle uncertainty with regard to potentially unpredictable regulatory actions and their aftermath, then BABA may not be appropriate for you. However, if you believe that this is just a blip in BABA’s long journey, then you would surely find BABA's valuations extremely attractive right now, coupled with a long term mindset.\nWrapping It All Up\nAlibaba has continued to deliver solid results that demonstrated the strong capability of the company to execute well. As the company continues to operate within a market with so many growth drivers that are expected to drive the company’s future growth, investors should find the current valuations highly attractive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169151856,"gmtCreate":1623823254175,"gmtModify":1634027527421,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/169151856","repostId":"1182315358","repostType":4,"repost":{"id":"1182315358","kind":"news","pubTimestamp":1623814338,"share":"https://www.laohu8.com/m/news/1182315358?lang=&edition=full","pubTime":"2021-06-16 11:32","market":"us","language":"en","title":"It’s time to be smart like Soros in the ‘blow-off’ stage of the bull market in stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1182315358","media":"MarketWatch","summary":"If you’re an investor, you need to be flexible, neither a bull nor a bear.\nIt takes brains and brawn","content":"<p>If you’re an investor, you need to be flexible, neither a bull nor a bear.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/724d1ea0bb18bddb367c79abf08c1af9\" tg-width=\"1260\" tg-height=\"841\"><span>It takes brains and brawn to be an investor these days. (Photo by Isaac Lawrence/AFP via Getty Images)</span></p>\n<p>I don’t know when what I call the Blow-Off Top of the Bubble-Blowing Bull Market will end.</p>\n<p>After 12 years being long and strong and having diamond hands without even knowing that term existed, maybe I’m wrong to turn more cautious.</p>\n<p>Maybe the economy will reopen and rejuvenate the country in such a strong manner that corporate earnings in 2022 and 2023 will make today’s prices seem like bargains.</p>\n<p>But I simply don’t think that’s the most likely outcome.</p>\n<p>And if I’m right that we’re in the throes of the Blow-Off Top of the Bubble-Blowing Bull Market, I do not want to be overly long and on the wrong side of the great unwind when it does start.</p>\n<p>I’m not calling for a near-term crash. I am saying that it’s likely going to be hard for the bulls to make as much money this year as they did last year.</p>\n<p>Trading and investing are tough. There’s always someone on the other side of every trade you make. Always think about who that is and why they are willing to take the other side of your transaction. When you buy, why are they selling it to you at that price? When you sell, who is buying it from you and what are their motivations? Remember, I’ve talked before about how&nbsp;good analysis starts with empathy.</p>\n<p><b>If I’m selling, who’s buying — and why?</b></p>\n<p>So let’s answer this question right now. Who is buying stocks and cryptos from me when I’ve trimmed and sold for the past month or so? Sure, there are banks and institutions and hedge funds and family offices investing and trading, just as always. On the other hand, remember two years ago when I got back from a hedge fund investment conference&nbsp;in Abu Dhabi and everybody was desperate for returns:</p>\n<p>Amid low interest rates and other investors’ focus on options, credit and currencies, “the lack of focus on traditional stocks and funds that invest in publicly traded stocks makes me think that there is probably more opportunity in such assets than people realize. I certainly see some very compelling long ideas in Revolutionary companies like WORK and TWTR and TSLA.”</p>\n<p>Since that post, back a year and a half ago, Slack&nbsp;went from $21 to being bought out at $45, Twitter&nbsp;went from $27 to $61, and Tesla&nbsp;went from $81 to $616. And funds that were looking everywhere but in the stock market for big gains are … well, pretty much in the markets now and long a bunch of stocks and even long a few cryptos.</p>\n<p>And now that those stocks and cryptos and most other assets have gone parabolic in the past year — coming on top of the 10-year bull market — the billion-dollar fund managers are joined by&nbsp;23-year-old TikTok influencers&nbsp;doing bitcoin&nbsp;trading astrology.</p>\n<p>Yes, for real, and she’s very popular. She’s even been right about some of bitcoin’s action in the past few months! If you’re selling cryptos and fintech stocks right now, you’re selling to her and her followers. And also to my friend’s son, who just graduated from a tiny, rural school and whose unemployed uncle gave him $500 to “buy some cryptos. And make sure you get some fintech. I don’t know the symbol, but just look it up and you’ll do fine over the long run.”&nbsp;Bearish anecdotes everywhere I look, as I wrote recently.</p>\n<p><b>Mr. Market</b></p>\n<p>The other thing to remember about who’s on the other side of your trade is always to remember that there are smart, cutthroat traders and investors who went to the best schools and have access to more research and real-time data and instant trading access to all kinds of derivatives to layer into their bets. And the only thing they do all day, every day, is figure out how to take your money in mostly legal ways. They’re not playing around. They have no sympathy for you, even if they might empathize with you to better understand your motivations to better take your money.</p>\n<p>Mr. Market is mean. He’s not nice. He can be cruel. He can force liquidations that create other liquidations. He can shut off access to capital. He can take down 200-year-old banks in a day. In one day.</p>\n<p>Sometimes the markets lead the economy and not the other way around. Ironically, when we were young, we were taught that the Great Depression started when the stock market crashed on Black Friday in 1929. But then when we get older, we were taught that it wasn’t actually the crash that created the Great Depression, rather the economy was already crashing and the stock market just didn’t realize it as it continued on its merry way toward a terrible Blow-Off Top of a nine-year Bubble-Blowing Bull Market that culminated with the Dow Jones Industrial Average&nbsp;up 400% from the 1921 lows to the 1929 highs.</p>\n<p><img src=\"https://static.tigerbbs.com/3a6516337aacc614d83584ea90e174f2\" tg-width=\"1260\" tg-height=\"870\"></p>\n<p><b>Learning from Soros</b></p>\n<p>But looking back, it’s clear that both theories are equally right and wrong — the market crashed because the economy wasn’t as good as the market thought it was,<i>and</i>the economy crashed because the markets shut down access to capital for investment and growth.</p>\n<p>It was “reflexive,” to borrow a term from the great hedge fund manager&nbsp;George Soros.</p>\n<p>He wrote, and the concept is important to understand:</p>\n<p>“I continued to consider myself a failed philosopher. All this changed as a result of the financial crisis of 2008. My conceptual framework enabled me both to anticipate the crisis and to deal with it when it finally struck…</p>\n<p>“I can state the core idea in two relatively simple propositions. One is that in situations that have thinking participants, the participants’ view of the world is always partial and distorted. That is the principle of fallibility. The other is that these distorted views can influence the situation to which they relate because false views lead to inappropriate actions. That is the principle of reflexivity…</p>\n<p>“Recognizing reflexivity has been sacrificed to the vain pursuit of certainty in human affairs, most notably in economics, and yet, uncertainty is the key feature of human affairs. Economic theory is built on the concept of equilibrium, and that concept is in direct contradiction with the concept of reflexivity…</p>\n<p>“A positive feedback process is self-reinforcing. It cannot go on forever because eventually the participants’ views would become so far removed from objective reality that the participants would have to recognize them as unrealistic. Nor can the iterative process occur without any change in the actual state of affairs, because it is in the nature of positive feedback that it reinforces whatever tendency prevails in the real world. Instead of equilibrium, we are faced with a dynamic disequilibrium or what may be described as far-from-equilibrium conditions. Usually in far-from-equilibrium situations the divergence between perceptions and reality leads to a climax which sets in motion a positive feedback process in the opposite direction. Such initially self-reinforcing but eventually self-defeating boom-bust processes or bubbles are characteristic of financial markets, but they can also be found in other spheres. There, I call them fertile fallacies—interpretations of reality that are distorted, yet produce results which reinforce the distortion.”</p>\n<p>Stay flexible</p>\n<p>Far-from-equilibrium conditions was what we had in 2010-2013 when we loaded up on Revolutionary stocks and started buying cryptos like bitcoin. Far-from-equilibrium conditions might be what we have in front of us right now when I suggest getting cautious instead.</p>\n<p>We don’t want to be permabulls. (You for sure don’t want to be a permabear!) We have to be flexible. We have to let our analysis and risk/reward scenarios dictate how much risk we’re taking and when. We have to pay attention to the cycles, the self-reinforcing cycles that drive economies and markets and valuations and earnings and societal interactions and bailouts and financial crises and bubbles and busts and, heaven forbid, just simple stagnation.</p>\n<p>It’s as if everybody forgets that markets can bubble and crash and stagnate. They forget that markets can grind for years on end without making new highs, or without even making higher highs. Do you not remember telling your money manager sometime in 2010-2012 that “If I’d just handled the Great Financial Crisis (and/or the Dot-Com Crash) a little better, I’d be in better shape.” I used to hear people say that to me all the time. I haven’t heard anybody say that lately. Everybody’s having fun in this market … at least for now.</p>\n<p>Most traders will tell you that they are “just trading the market that is in front of them.” Well, I don’t know when the bubble will pop, but I do know that I don’t want to be on the wrong side of this market when it does. And I do know that we won’t know the bubble has really popped until the self-reinforcing reflexive feedback loop has made it painful for the vast majority of people who are right now feeling wealthy, feeling secure, feeling like they’ve got this trading and investing thing all figured out.</p>\n<p>We are all fallible. Be careful while it’s fun. Be bold when it’s painful. That’s how I’ve done it for the last 25 years. We were boldly buying these assets when it was painful for others. I’m careful right now because everybody else is having fun.</p>\n<p>I spend a lot of time looking for new ideas and I won’t let my overall market outlook deter me from buying a new name or two. But I want to remain overall cautious and less aggressive than I have been for most of the last decade.</p>\n<p>As a matter of fact,&nbsp;I might have at least a couple Trade Alerts that I’ll be sending out this week, one long and one short idea. Being flexible, see?</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>It’s time to be smart like Soros in the ‘blow-off’ stage of the bull market in 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; 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\">\nIt’s time to be smart like Soros in the ‘blow-off’ stage of the bull market in stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-16 11:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/its-time-to-be-smart-like-soros-in-the-blow-off-stage-of-the-bull-market-in-stocks-11623788897?siteid=yhoof2><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re an investor, you need to be flexible, neither a bull nor a bear.\nIt takes brains and brawn to be an investor these days. (Photo by Isaac Lawrence/AFP via Getty Images)\nI don’t know when what...</p>\n\n<a href=\"https://www.marketwatch.com/story/its-time-to-be-smart-like-soros-in-the-blow-off-stage-of-the-bull-market-in-stocks-11623788897?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/its-time-to-be-smart-like-soros-in-the-blow-off-stage-of-the-bull-market-in-stocks-11623788897?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1182315358","content_text":"If you’re an investor, you need to be flexible, neither a bull nor a bear.\nIt takes brains and brawn to be an investor these days. (Photo by Isaac Lawrence/AFP via Getty Images)\nI don’t know when what I call the Blow-Off Top of the Bubble-Blowing Bull Market will end.\nAfter 12 years being long and strong and having diamond hands without even knowing that term existed, maybe I’m wrong to turn more cautious.\nMaybe the economy will reopen and rejuvenate the country in such a strong manner that corporate earnings in 2022 and 2023 will make today’s prices seem like bargains.\nBut I simply don’t think that’s the most likely outcome.\nAnd if I’m right that we’re in the throes of the Blow-Off Top of the Bubble-Blowing Bull Market, I do not want to be overly long and on the wrong side of the great unwind when it does start.\nI’m not calling for a near-term crash. I am saying that it’s likely going to be hard for the bulls to make as much money this year as they did last year.\nTrading and investing are tough. There’s always someone on the other side of every trade you make. Always think about who that is and why they are willing to take the other side of your transaction. When you buy, why are they selling it to you at that price? When you sell, who is buying it from you and what are their motivations? Remember, I’ve talked before about how good analysis starts with empathy.\nIf I’m selling, who’s buying — and why?\nSo let’s answer this question right now. Who is buying stocks and cryptos from me when I’ve trimmed and sold for the past month or so? Sure, there are banks and institutions and hedge funds and family offices investing and trading, just as always. On the other hand, remember two years ago when I got back from a hedge fund investment conference in Abu Dhabi and everybody was desperate for returns:\nAmid low interest rates and other investors’ focus on options, credit and currencies, “the lack of focus on traditional stocks and funds that invest in publicly traded stocks makes me think that there is probably more opportunity in such assets than people realize. I certainly see some very compelling long ideas in Revolutionary companies like WORK and TWTR and TSLA.”\nSince that post, back a year and a half ago, Slack went from $21 to being bought out at $45, Twitter went from $27 to $61, and Tesla went from $81 to $616. And funds that were looking everywhere but in the stock market for big gains are … well, pretty much in the markets now and long a bunch of stocks and even long a few cryptos.\nAnd now that those stocks and cryptos and most other assets have gone parabolic in the past year — coming on top of the 10-year bull market — the billion-dollar fund managers are joined by 23-year-old TikTok influencers doing bitcoin trading astrology.\nYes, for real, and she’s very popular. She’s even been right about some of bitcoin’s action in the past few months! If you’re selling cryptos and fintech stocks right now, you’re selling to her and her followers. And also to my friend’s son, who just graduated from a tiny, rural school and whose unemployed uncle gave him $500 to “buy some cryptos. And make sure you get some fintech. I don’t know the symbol, but just look it up and you’ll do fine over the long run.” Bearish anecdotes everywhere I look, as I wrote recently.\nMr. Market\nThe other thing to remember about who’s on the other side of your trade is always to remember that there are smart, cutthroat traders and investors who went to the best schools and have access to more research and real-time data and instant trading access to all kinds of derivatives to layer into their bets. And the only thing they do all day, every day, is figure out how to take your money in mostly legal ways. They’re not playing around. They have no sympathy for you, even if they might empathize with you to better understand your motivations to better take your money.\nMr. Market is mean. He’s not nice. He can be cruel. He can force liquidations that create other liquidations. He can shut off access to capital. He can take down 200-year-old banks in a day. In one day.\nSometimes the markets lead the economy and not the other way around. Ironically, when we were young, we were taught that the Great Depression started when the stock market crashed on Black Friday in 1929. But then when we get older, we were taught that it wasn’t actually the crash that created the Great Depression, rather the economy was already crashing and the stock market just didn’t realize it as it continued on its merry way toward a terrible Blow-Off Top of a nine-year Bubble-Blowing Bull Market that culminated with the Dow Jones Industrial Average up 400% from the 1921 lows to the 1929 highs.\n\nLearning from Soros\nBut looking back, it’s clear that both theories are equally right and wrong — the market crashed because the economy wasn’t as good as the market thought it was,andthe economy crashed because the markets shut down access to capital for investment and growth.\nIt was “reflexive,” to borrow a term from the great hedge fund manager George Soros.\nHe wrote, and the concept is important to understand:\n“I continued to consider myself a failed philosopher. All this changed as a result of the financial crisis of 2008. My conceptual framework enabled me both to anticipate the crisis and to deal with it when it finally struck…\n“I can state the core idea in two relatively simple propositions. One is that in situations that have thinking participants, the participants’ view of the world is always partial and distorted. That is the principle of fallibility. The other is that these distorted views can influence the situation to which they relate because false views lead to inappropriate actions. That is the principle of reflexivity…\n“Recognizing reflexivity has been sacrificed to the vain pursuit of certainty in human affairs, most notably in economics, and yet, uncertainty is the key feature of human affairs. Economic theory is built on the concept of equilibrium, and that concept is in direct contradiction with the concept of reflexivity…\n“A positive feedback process is self-reinforcing. It cannot go on forever because eventually the participants’ views would become so far removed from objective reality that the participants would have to recognize them as unrealistic. Nor can the iterative process occur without any change in the actual state of affairs, because it is in the nature of positive feedback that it reinforces whatever tendency prevails in the real world. Instead of equilibrium, we are faced with a dynamic disequilibrium or what may be described as far-from-equilibrium conditions. Usually in far-from-equilibrium situations the divergence between perceptions and reality leads to a climax which sets in motion a positive feedback process in the opposite direction. Such initially self-reinforcing but eventually self-defeating boom-bust processes or bubbles are characteristic of financial markets, but they can also be found in other spheres. There, I call them fertile fallacies—interpretations of reality that are distorted, yet produce results which reinforce the distortion.”\nStay flexible\nFar-from-equilibrium conditions was what we had in 2010-2013 when we loaded up on Revolutionary stocks and started buying cryptos like bitcoin. Far-from-equilibrium conditions might be what we have in front of us right now when I suggest getting cautious instead.\nWe don’t want to be permabulls. (You for sure don’t want to be a permabear!) We have to be flexible. We have to let our analysis and risk/reward scenarios dictate how much risk we’re taking and when. We have to pay attention to the cycles, the self-reinforcing cycles that drive economies and markets and valuations and earnings and societal interactions and bailouts and financial crises and bubbles and busts and, heaven forbid, just simple stagnation.\nIt’s as if everybody forgets that markets can bubble and crash and stagnate. They forget that markets can grind for years on end without making new highs, or without even making higher highs. Do you not remember telling your money manager sometime in 2010-2012 that “If I’d just handled the Great Financial Crisis (and/or the Dot-Com Crash) a little better, I’d be in better shape.” I used to hear people say that to me all the time. I haven’t heard anybody say that lately. Everybody’s having fun in this market … at least for now.\nMost traders will tell you that they are “just trading the market that is in front of them.” Well, I don’t know when the bubble will pop, but I do know that I don’t want to be on the wrong side of this market when it does. And I do know that we won’t know the bubble has really popped until the self-reinforcing reflexive feedback loop has made it painful for the vast majority of people who are right now feeling wealthy, feeling secure, feeling like they’ve got this trading and investing thing all figured out.\nWe are all fallible. Be careful while it’s fun. Be bold when it’s painful. That’s how I’ve done it for the last 25 years. We were boldly buying these assets when it was painful for others. I’m careful right now because everybody else is having fun.\nI spend a lot of time looking for new ideas and I won’t let my overall market outlook deter me from buying a new name or two. But I want to remain overall cautious and less aggressive than I have been for most of the last decade.\nAs a matter of fact, I might have at least a couple Trade Alerts that I’ll be sending out this week, one long and one short idea. Being flexible, see?","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187332654,"gmtCreate":1623739814778,"gmtModify":1634029292050,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/187332654","repostId":"2143178756","repostType":4,"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185299704,"gmtCreate":1623650404608,"gmtModify":1634030630102,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/185299704","repostId":"1105297799","repostType":4,"repost":{"id":"1105297799","kind":"news","pubTimestamp":1623626792,"share":"https://www.laohu8.com/m/news/1105297799?lang=&edition=full","pubTime":"2021-06-14 07:26","market":"us","language":"en","title":"A Meme Stock Is Born: How to Spot the Next Reddit Favorite","url":"https://stock-news.laohu8.com/highlight/detail?id=1105297799","media":"Bloomberg","summary":"Heavily shorted shares are a common theme among the group. The big stock-price gains often come alongside big drops. While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.“I can’t imagine this is going to continue in the sam","content":"<ul>\n <li>Heavily shorted shares are a common theme among the group</li>\n <li>The big stock-price gains often come alongside big drops</li>\n</ul>\n<p>Trying to keep up with the frenzied rise of so-called meme stocks mightfeela bit like playing a game of whack-a-mole, bewildering analysts and investors alike.</p>\n<p>While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.</p>\n<p>Investors looking for other stocks that might fit that mold will find nearly 230 firms with a market capitalization of at least $100 million and short interest of 15% or more, according to S3 Partners data compiled by Bloomberg. More than 80% of those names have managed positive returns over the last month with the average gain sitting at about 18%, while the S&amp;P 500 Index rose 2.3%.</p>\n<p><img src=\"https://static.tigerbbs.com/3cc5569937ba7f5b5c78898800cdfdfc\" tg-width=\"773\" tg-height=\"717\"></p>\n<p>Among the most heavily shorted stocks are names like&nbsp;Clover Health Investments Corp.,Workhorse Group Inc.&nbsp;and&nbsp;Geo Group Inc., which have already caught the attention of retail traders in recent days.</p>\n<p>Meanwhile,Bumble Inc.&nbsp;and&nbsp;Petco Health and Wellness Co., both fresh off initial public offerings this year, find themselves on the outside looking in as part of the few companies on the list that haven’t seen outsized gains over the last month. Joining them is ad-tech firmPubMatic Inc., which boasts the highest short interest at 54%, recreational boat retailer MarineMax Inc. and biotech companyBlack Diamond Therapeutics Inc., which has plunged more than 50% over the last month.</p>\n<p><img src=\"https://static.tigerbbs.com/dd6a19a4330894a2f8dfe602f1f76c6a\" tg-width=\"773\" tg-height=\"737\"></p>\n<p>While these sudden rallies can create lucrative returns for investors in the blink of an eye, the extreme volatility that accompanies them can quickly catch traders offside, leaving them holding the bag as shares plunge back to earth.</p>\n<p>After opening the week with a 32% gain, Clover Health’s shares jumped by as much as 142% over the next two days. But, by the close of trading Thursday, anyone who had bought and held shares after Monday’s pop was now underwater.</p>\n<p><img src=\"https://static.tigerbbs.com/bb51208dc3df58cd52f6d1a876bdf594\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“I can’t imagine this is going to continue in the same form or fashion for much longer,” said Barry Schwartz, chief investment officer at Baskin Wealth Management. “Just because something is shorted doesn’t mean buying it is going to work out for you,” he added. “You’re playing with fire.”</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>A Meme Stock Is Born: How to Spot the Next Reddit Favorite</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\">\nA Meme Stock Is Born: How to Spot the Next Reddit Favorite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 07:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Heavily shorted shares are a common theme among the group\nThe big stock-price gains often come alongside big drops\n\nTrying to keep up with the frenzied rise of so-called meme stocks mightfeela bit ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp",".SPX":"S&P 500 Index","KWITD":"Wellness Matrix Group, Inc.","BMBL":"Bumble Inc.","GEO":"GEO惩教集团","WOOF":"Petco Health and Wellness Company, Inc.",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105297799","content_text":"Heavily shorted shares are a common theme among the group\nThe big stock-price gains often come alongside big drops\n\nTrying to keep up with the frenzied rise of so-called meme stocks mightfeela bit like playing a game of whack-a-mole, bewildering analysts and investors alike.\nWhile there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.\nInvestors looking for other stocks that might fit that mold will find nearly 230 firms with a market capitalization of at least $100 million and short interest of 15% or more, according to S3 Partners data compiled by Bloomberg. More than 80% of those names have managed positive returns over the last month with the average gain sitting at about 18%, while the S&P 500 Index rose 2.3%.\n\nAmong the most heavily shorted stocks are names like Clover Health Investments Corp.,Workhorse Group Inc. and Geo Group Inc., which have already caught the attention of retail traders in recent days.\nMeanwhile,Bumble Inc. and Petco Health and Wellness Co., both fresh off initial public offerings this year, find themselves on the outside looking in as part of the few companies on the list that haven’t seen outsized gains over the last month. Joining them is ad-tech firmPubMatic Inc., which boasts the highest short interest at 54%, recreational boat retailer MarineMax Inc. and biotech companyBlack Diamond Therapeutics Inc., which has plunged more than 50% over the last month.\n\nWhile these sudden rallies can create lucrative returns for investors in the blink of an eye, the extreme volatility that accompanies them can quickly catch traders offside, leaving them holding the bag as shares plunge back to earth.\nAfter opening the week with a 32% gain, Clover Health’s shares jumped by as much as 142% over the next two days. But, by the close of trading Thursday, anyone who had bought and held shares after Monday’s pop was now underwater.\n\n“I can’t imagine this is going to continue in the same form or fashion for much longer,” said Barry Schwartz, chief investment officer at Baskin Wealth Management. “Just because something is shorted doesn’t mean buying it is going to work out for you,” he added. “You’re playing with fire.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":122314213,"gmtCreate":1624597433532,"gmtModify":1631887479467,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/122314213","repostId":"1137689091","repostType":4,"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113528377,"gmtCreate":1622627797399,"gmtModify":1634099803913,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/113528377","repostId":"1182886492","repostType":4,"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":825304040,"gmtCreate":1634197879030,"gmtModify":1634197879249,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/825304040","repostId":"1155791730","repostType":4,"repost":{"id":"1155791730","kind":"news","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":1634197797,"share":"https://www.laohu8.com/m/news/1155791730?lang=&edition=full","pubTime":"2021-10-14 15:49","market":"sh","language":"en","title":"China stocks end lower on factory gate inflation worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1155791730","media":"Reuters","summary":"SHANGHAI, Oct 14 (Reuters) - China stocks ended lower on Thursday as record-high factory gate inflat","content":"<p>SHANGHAI, Oct 14 (Reuters) - China stocks ended lower on Thursday as record-high factory gate inflation data amid weak demand in September stoked worries over the trajectory of monetary policy support.</p>\n<p>The Shanghai Composite index closed 0.1% lower at 3,558.28 points, while the blue-chip CSI300 index fell 0.54% to 4,913.61 points.</p>\n<p>The financial sector sub-index ended lower by 0.97%, the consumer staples sector fell 0.85%, the real estate index dropped 3.88% and the healthcare sub-index lost 2.27%.</p>\n<p>The smaller Shenzhen index ended up 0.2% and the start-up board ChiNext Composite index was higher by 0.174%.</p>\n<p>China’s September factory gate inflation rose to a record on soaring commodity prices, but weak demand capped consumer inflation, forcing policymakers to walk a tight rope between supporting the economy and further stoking producer prices.</p>\n<p>“We believe any growth-supporting policy measures will be targeted and specific, given that the inflationary pressures will be limited among producers and manufacturers,” said Xing Zhaopeng, senior China strategist at ANZ.</p>\n<p>“Any stimulus on the demand side will amplify supply-side constraints and impact downstream sectors, which will face rising costs,” Xing said, expecting the central bank to keep the benchmark interest rates on hold.</p>\n<p>So far this year, the Shanghai stock index is up 2.5% and the CSI300 has fallen 5.7%.</p>\n<p>About 29.50 billion shares were traded on the Shanghai exchange, roughly 58.5% of the market’s 30-day moving average of 50.46 billion shares a day. The volume in the previous trading session was 32.51 billion.</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>China stocks end lower on factory gate inflation worries</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 stocks end lower on factory gate inflation worries\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\">2021-10-14 15:49</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Oct 14 (Reuters) - China stocks ended lower on Thursday as record-high factory gate inflation data amid weak demand in September stoked worries over the trajectory of monetary policy support.</p>\n<p>The Shanghai Composite index closed 0.1% lower at 3,558.28 points, while the blue-chip CSI300 index fell 0.54% to 4,913.61 points.</p>\n<p>The financial sector sub-index ended lower by 0.97%, the consumer staples sector fell 0.85%, the real estate index dropped 3.88% and the healthcare sub-index lost 2.27%.</p>\n<p>The smaller Shenzhen index ended up 0.2% and the start-up board ChiNext Composite index was higher by 0.174%.</p>\n<p>China’s September factory gate inflation rose to a record on soaring commodity prices, but weak demand capped consumer inflation, forcing policymakers to walk a tight rope between supporting the economy and further stoking producer prices.</p>\n<p>“We believe any growth-supporting policy measures will be targeted and specific, given that the inflationary pressures will be limited among producers and manufacturers,” said Xing Zhaopeng, senior China strategist at ANZ.</p>\n<p>“Any stimulus on the demand side will amplify supply-side constraints and impact downstream sectors, which will face rising costs,” Xing said, expecting the central bank to keep the benchmark interest rates on hold.</p>\n<p>So far this year, the Shanghai stock index is up 2.5% and the CSI300 has fallen 5.7%.</p>\n<p>About 29.50 billion shares were traded on the Shanghai exchange, roughly 58.5% of the market’s 30-day moving average of 50.46 billion shares a day. The volume in the previous trading session was 32.51 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155791730","content_text":"SHANGHAI, Oct 14 (Reuters) - China stocks ended lower on Thursday as record-high factory gate inflation data amid weak demand in September stoked worries over the trajectory of monetary policy support.\nThe Shanghai Composite index closed 0.1% lower at 3,558.28 points, while the blue-chip CSI300 index fell 0.54% to 4,913.61 points.\nThe financial sector sub-index ended lower by 0.97%, the consumer staples sector fell 0.85%, the real estate index dropped 3.88% and the healthcare sub-index lost 2.27%.\nThe smaller Shenzhen index ended up 0.2% and the start-up board ChiNext Composite index was higher by 0.174%.\nChina’s September factory gate inflation rose to a record on soaring commodity prices, but weak demand capped consumer inflation, forcing policymakers to walk a tight rope between supporting the economy and further stoking producer prices.\n“We believe any growth-supporting policy measures will be targeted and specific, given that the inflationary pressures will be limited among producers and manufacturers,” said Xing Zhaopeng, senior China strategist at ANZ.\n“Any stimulus on the demand side will amplify supply-side constraints and impact downstream sectors, which will face rising costs,” Xing said, expecting the central bank to keep the benchmark interest rates on hold.\nSo far this year, the Shanghai stock index is up 2.5% and the CSI300 has fallen 5.7%.\nAbout 29.50 billion shares were traded on the Shanghai exchange, roughly 58.5% of the market’s 30-day moving average of 50.46 billion shares a day. The volume in the previous trading session was 32.51 billion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":981,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":185299704,"gmtCreate":1623650404608,"gmtModify":1634030630102,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/185299704","repostId":"1105297799","repostType":4,"repost":{"id":"1105297799","kind":"news","pubTimestamp":1623626792,"share":"https://www.laohu8.com/m/news/1105297799?lang=&edition=full","pubTime":"2021-06-14 07:26","market":"us","language":"en","title":"A Meme Stock Is Born: How to Spot the Next Reddit Favorite","url":"https://stock-news.laohu8.com/highlight/detail?id=1105297799","media":"Bloomberg","summary":"Heavily shorted shares are a common theme among the group. The big stock-price gains often come alongside big drops. While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.“I can’t imagine this is going to continue in the sam","content":"<ul>\n <li>Heavily shorted shares are a common theme among the group</li>\n <li>The big stock-price gains often come alongside big drops</li>\n</ul>\n<p>Trying to keep up with the frenzied rise of so-called meme stocks mightfeela bit like playing a game of whack-a-mole, bewildering analysts and investors alike.</p>\n<p>While there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.</p>\n<p>Investors looking for other stocks that might fit that mold will find nearly 230 firms with a market capitalization of at least $100 million and short interest of 15% or more, according to S3 Partners data compiled by Bloomberg. More than 80% of those names have managed positive returns over the last month with the average gain sitting at about 18%, while the S&amp;P 500 Index rose 2.3%.</p>\n<p><img src=\"https://static.tigerbbs.com/3cc5569937ba7f5b5c78898800cdfdfc\" tg-width=\"773\" tg-height=\"717\"></p>\n<p>Among the most heavily shorted stocks are names like&nbsp;Clover Health Investments Corp.,Workhorse Group Inc.&nbsp;and&nbsp;Geo Group Inc., which have already caught the attention of retail traders in recent days.</p>\n<p>Meanwhile,Bumble Inc.&nbsp;and&nbsp;Petco Health and Wellness Co., both fresh off initial public offerings this year, find themselves on the outside looking in as part of the few companies on the list that haven’t seen outsized gains over the last month. Joining them is ad-tech firmPubMatic Inc., which boasts the highest short interest at 54%, recreational boat retailer MarineMax Inc. and biotech companyBlack Diamond Therapeutics Inc., which has plunged more than 50% over the last month.</p>\n<p><img src=\"https://static.tigerbbs.com/dd6a19a4330894a2f8dfe602f1f76c6a\" tg-width=\"773\" tg-height=\"737\"></p>\n<p>While these sudden rallies can create lucrative returns for investors in the blink of an eye, the extreme volatility that accompanies them can quickly catch traders offside, leaving them holding the bag as shares plunge back to earth.</p>\n<p>After opening the week with a 32% gain, Clover Health’s shares jumped by as much as 142% over the next two days. But, by the close of trading Thursday, anyone who had bought and held shares after Monday’s pop was now underwater.</p>\n<p><img src=\"https://static.tigerbbs.com/bb51208dc3df58cd52f6d1a876bdf594\" tg-width=\"1200\" tg-height=\"675\"></p>\n<p>“I can’t imagine this is going to continue in the same form or fashion for much longer,” said Barry Schwartz, chief investment officer at Baskin Wealth Management. “Just because something is shorted doesn’t mean buying it is going to work out for you,” he added. “You’re playing with fire.”</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>A Meme Stock Is Born: How to Spot the Next Reddit Favorite</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\">\nA Meme Stock Is Born: How to Spot the Next Reddit Favorite\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 07:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Heavily shorted shares are a common theme among the group\nThe big stock-price gains often come alongside big drops\n\nTrying to keep up with the frenzied rise of so-called meme stocks mightfeela bit ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp",".SPX":"S&P 500 Index","KWITD":"Wellness Matrix Group, Inc.","BMBL":"Bumble Inc.","GEO":"GEO惩教集团","WOOF":"Petco Health and Wellness Company, Inc.",".DJI":"道琼斯","WKHS":"Workhorse Group, Inc.",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-13/a-meme-stock-is-born-how-to-spot-the-next-reddit-favorite?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105297799","content_text":"Heavily shorted shares are a common theme among the group\nThe big stock-price gains often come alongside big drops\n\nTrying to keep up with the frenzied rise of so-called meme stocks mightfeela bit like playing a game of whack-a-mole, bewildering analysts and investors alike.\nWhile there’s no steadfast definition of what constitutes a meme stock, one common thread across the many names being pitched on social media is a focus on heavily shorted companies. Shares of Reddit iconGameStop Corp.jumped as much as 2,500% in January after day traders noticed its short interest had ballooned to record levels.\nInvestors looking for other stocks that might fit that mold will find nearly 230 firms with a market capitalization of at least $100 million and short interest of 15% or more, according to S3 Partners data compiled by Bloomberg. More than 80% of those names have managed positive returns over the last month with the average gain sitting at about 18%, while the S&P 500 Index rose 2.3%.\n\nAmong the most heavily shorted stocks are names like Clover Health Investments Corp.,Workhorse Group Inc. and Geo Group Inc., which have already caught the attention of retail traders in recent days.\nMeanwhile,Bumble Inc. and Petco Health and Wellness Co., both fresh off initial public offerings this year, find themselves on the outside looking in as part of the few companies on the list that haven’t seen outsized gains over the last month. Joining them is ad-tech firmPubMatic Inc., which boasts the highest short interest at 54%, recreational boat retailer MarineMax Inc. and biotech companyBlack Diamond Therapeutics Inc., which has plunged more than 50% over the last month.\n\nWhile these sudden rallies can create lucrative returns for investors in the blink of an eye, the extreme volatility that accompanies them can quickly catch traders offside, leaving them holding the bag as shares plunge back to earth.\nAfter opening the week with a 32% gain, Clover Health’s shares jumped by as much as 142% over the next two days. But, by the close of trading Thursday, anyone who had bought and held shares after Monday’s pop was now underwater.\n\n“I can’t imagine this is going to continue in the same form or fashion for much longer,” said Barry Schwartz, chief investment officer at Baskin Wealth Management. “Just because something is shorted doesn’t mean buying it is going to work out for you,” he added. “You’re playing with fire.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133085712,"gmtCreate":1621669318136,"gmtModify":1634187231218,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/133085712","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","kind":"highlight","pubTimestamp":1621611396,"share":"https://www.laohu8.com/m/news/2137906121?lang=&edition=full","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial&nbsp;</b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b>&nbsp;and&nbsp;<b>M&amp;T Bank</b>, in the fourth quarter of 2020.&nbsp;</p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in 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>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 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\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SYF":"Synchrony Financial","WFC":"富国银行","BRK.A":"伯克希尔","USB":"美国合众银行","BRK.B":"伯克希尔B"},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":870622938,"gmtCreate":1636614297402,"gmtModify":1636614297574,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/870622938","repostId":"1186918296","repostType":4,"repost":{"id":"1186918296","kind":"news","pubTimestamp":1636613289,"share":"https://www.laohu8.com/m/news/1186918296?lang=&edition=full","pubTime":"2021-11-11 14:48","market":"us","language":"en","title":"Elon Musk's SpaceX Launches 4 Crew-3 Astronauts To Space","url":"https://stock-news.laohu8.com/highlight/detail?id=1186918296","media":"Benzinga","summary":"Tesla Inc CEO ElonMusk’s SpaceX on Wednesday kicked off the Crew-3 mission in collaboration with the","content":"<p><b>Tesla Inc</b>&nbsp;CEO&nbsp;<b>ElonMusk’s</b>&nbsp;<b>SpaceX</b>&nbsp;on Wednesday kicked off the Crew-3 mission in collaboration with the space agency NASA.</p>\n<p><b>What Happened:</b>The mission was launched from NASA’s Kennedy Space Center in Florida at 9:03 p.m. ET for the nearly day-long journey to the International Space Station (ISS).</p>\n<p>The Crew-3 mission is ferrying NASA astronauts&nbsp;<b>Raja Chari, Tom Marshburn, Kayla Barron, and European Space Agency (ESA) astronaut Matthias Maurer</b>&nbsp;to the ISS.</p>\n<p>SpaceX shared a short clip of the crew on orbit and said it expects autonomous docking at 7 p.m. ET on Thursday.</p>\n<p>Crew-3 is SpaceX’s third operational crewed flight for NASA and the fifth human spaceflight mission that SpaceX has launched since May 2020.</p>\n<p><b>Why It Matters:</b>The Crew-3 mission was first scheduled to take place on Oct. 31 but was delayed twice. SpaceX and NASA SpaceX then planned to return the Crew-2 astronauts before the Crew-3 is launched.</p>\n<p>SpaceX on Monday returned the four Crew-2 astronauts who spent about six months in space as part of the agency’s second long-duration crewed flight after launching in April atop a Falcon 9 rocket.</p>\n<p>SpaceX and NASA are working on multiple projects including a $2.9 billion lunar landing contract. Earlier this month,<b>Amazon.com Inc</b>&nbsp;founder&nbsp;<b>Jeff Bezos’ Blue Origin</b>&nbsp;lost the lucrative lawsuit against NASA for awarding the contract to SpaceX.</p>\n<p>Musk dreams of colonizing Mars and has in the past said he remains “highly confident” that SpaceX would land humans on Mars by 2026.</p>\n<p>SpaceX and Blue Origin also compete with each other in the recently launched space tourism flights.</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>Elon Musk's SpaceX Launches 4 Crew-3 Astronauts To Space</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\">\nElon Musk's SpaceX Launches 4 Crew-3 Astronauts To Space\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-11 14:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/11/24034587/elon-musks-spacex-launches-4-crew-3-astronauts-to-space><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc CEO ElonMusk’s SpaceX on Wednesday kicked off the Crew-3 mission in collaboration with the space agency NASA.\nWhat Happened:The mission was launched from NASA’s Kennedy Space Center in ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/11/24034587/elon-musks-spacex-launches-4-crew-3-astronauts-to-space\">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/21/11/24034587/elon-musks-spacex-launches-4-crew-3-astronauts-to-space","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186918296","content_text":"Tesla Inc CEO ElonMusk’s SpaceX on Wednesday kicked off the Crew-3 mission in collaboration with the space agency NASA.\nWhat Happened:The mission was launched from NASA’s Kennedy Space Center in Florida at 9:03 p.m. ET for the nearly day-long journey to the International Space Station (ISS).\nThe Crew-3 mission is ferrying NASA astronauts Raja Chari, Tom Marshburn, Kayla Barron, and European Space Agency (ESA) astronaut Matthias Maurer to the ISS.\nSpaceX shared a short clip of the crew on orbit and said it expects autonomous docking at 7 p.m. ET on Thursday.\nCrew-3 is SpaceX’s third operational crewed flight for NASA and the fifth human spaceflight mission that SpaceX has launched since May 2020.\nWhy It Matters:The Crew-3 mission was first scheduled to take place on Oct. 31 but was delayed twice. SpaceX and NASA SpaceX then planned to return the Crew-2 astronauts before the Crew-3 is launched.\nSpaceX on Monday returned the four Crew-2 astronauts who spent about six months in space as part of the agency’s second long-duration crewed flight after launching in April atop a Falcon 9 rocket.\nSpaceX and NASA are working on multiple projects including a $2.9 billion lunar landing contract. Earlier this month,Amazon.com Inc founder Jeff Bezos’ Blue Origin lost the lucrative lawsuit against NASA for awarding the contract to SpaceX.\nMusk dreams of colonizing Mars and has in the past said he remains “highly confident” that SpaceX would land humans on Mars by 2026.\nSpaceX and Blue Origin also compete with each other in the recently launched space tourism flights.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":899040098,"gmtCreate":1628145916114,"gmtModify":1631887479395,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/899040098","repostId":"1160204013","repostType":4,"repost":{"id":"1160204013","kind":"news","pubTimestamp":1628145417,"share":"https://www.laohu8.com/m/news/1160204013?lang=&edition=full","pubTime":"2021-08-05 14:36","market":"us","language":"en","title":"Is BP’s shareholder dividend safe?","url":"https://stock-news.laohu8.com/highlight/detail?id=1160204013","media":"The Motley Fool","summary":"With the BP PLC share price near 303p, the forward-looking dividend yield is around 5% for 2022. So,","content":"<p>With the&nbsp;<a href=\"https://laohu8.com/S/BP\">BP PLC</a> share price near 303p, the forward-looking dividend yield is around 5% for 2022. So, is the dividend safe?</p>\n<p>In attempting to answer that question, I’d first point out the BP dividend hasn’t been safe. For example, the historical dividend yield for 2019 is around 9.7% — higher than the anticipated yield for next year. And the reason for that is the directors have slashed shareholder dividend payments.</p>\n<h3><b>BP’s shrinking dividends</b></h3>\n<p>2019’s dividend was 41 US cents per share, 2020’s 32 cents, and City analysts have pencilled in a payment of around 21 cents for 2022. The direction of travel is clear. And&nbsp;it’s the wrong way!</p>\n<p>In fairness, there was a plunge in oil prices in 2020. And that was reflected in a collapse of BP’s operating cash flow. This year, thankfully, the oil price has recovered somewhat and so has BP’s cash flow. Nevertheless, I’m not holding my breath while waiting for the dividend to rise back to former levels. I reckon BP has much greater and longer-term challenges than a mere fluctuating oil price.</p>\n<p>After all, the world is trying to move away from using oil. And in the long term, BP’s traditional oil business looks set to decline. I reckon the directors’ previous decisions about shareholder dividends are indicating that uncertain times are ahead for the business. At least, that’s my reading of the situation.</p>\n<p>But, of course, BP isn’t just rolling over and waiting to expire. Last Tuesday’s&nbsp;second-quarter report&nbsp;was upbeat about the firm’s progress expanding new lines of business, such as solar power, offshore wind generators, convenience stores, and electric vehicle charging points.</p>\n<h3><b>Good progress with the integrated energy strategy</b></h3>\n<p>Chief executive Bernard Looney said the company is making<i>“good progress”</i>with its strategy to become an integrated energy company. And the strong oil price helped the company deliver a strong financial performance<i>“while investing for the future in a disciplined way.”</i></p>\n<p>BP actually increased its quarterly dividend by 4% and pledged to begin a $1.4bn share buyback programme. Looney said surplus first-half cash flow would finance the moves. But I reckon using the word ‘surplus’ is questionable. After all, BP still carried a net debt pile of around $33bn at the end of the second quarter despite managing to reduce its borrowings a fair bit in the period.</p>\n<p>When it comes to cash flow, the strong oil price is BP’s friend. But oil prices are more than capable of cycling down again. And it will probably be years before alternative lines of business render the effects of oil revenue insignificant.</p>\n<p>BP’s future looks to me like it will involve growing its new, green energy businesses and managing the decline of its old oil business. It’s possible the overall BP business will grow as a net result in the years ahead.</p>\n<p>But, to me, the company’s future looks uncertain. So I’m not selecting the stock as one of my dividend-led investments.</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 BP’s shareholder dividend safe?</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 BP’s shareholder dividend safe?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-05 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.co.uk/investing/2021/08/05/is-bps-shareholder-dividend-safe/><strong>The Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With the BP PLC share price near 303p, the forward-looking dividend yield is around 5% for 2022. So, is the dividend safe?\nIn attempting to answer that question, I’d first point out the BP dividend ...</p>\n\n<a href=\"https://www.fool.co.uk/investing/2021/08/05/is-bps-shareholder-dividend-safe/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BP":"英国石油","BP..UK":"BP PLC"},"source_url":"https://www.fool.co.uk/investing/2021/08/05/is-bps-shareholder-dividend-safe/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160204013","content_text":"With the BP PLC share price near 303p, the forward-looking dividend yield is around 5% for 2022. So, is the dividend safe?\nIn attempting to answer that question, I’d first point out the BP dividend hasn’t been safe. For example, the historical dividend yield for 2019 is around 9.7% — higher than the anticipated yield for next year. And the reason for that is the directors have slashed shareholder dividend payments.\nBP’s shrinking dividends\n2019’s dividend was 41 US cents per share, 2020’s 32 cents, and City analysts have pencilled in a payment of around 21 cents for 2022. The direction of travel is clear. And it’s the wrong way!\nIn fairness, there was a plunge in oil prices in 2020. And that was reflected in a collapse of BP’s operating cash flow. This year, thankfully, the oil price has recovered somewhat and so has BP’s cash flow. Nevertheless, I’m not holding my breath while waiting for the dividend to rise back to former levels. I reckon BP has much greater and longer-term challenges than a mere fluctuating oil price.\nAfter all, the world is trying to move away from using oil. And in the long term, BP’s traditional oil business looks set to decline. I reckon the directors’ previous decisions about shareholder dividends are indicating that uncertain times are ahead for the business. At least, that’s my reading of the situation.\nBut, of course, BP isn’t just rolling over and waiting to expire. Last Tuesday’s second-quarter report was upbeat about the firm’s progress expanding new lines of business, such as solar power, offshore wind generators, convenience stores, and electric vehicle charging points.\nGood progress with the integrated energy strategy\nChief executive Bernard Looney said the company is making“good progress”with its strategy to become an integrated energy company. And the strong oil price helped the company deliver a strong financial performance“while investing for the future in a disciplined way.”\nBP actually increased its quarterly dividend by 4% and pledged to begin a $1.4bn share buyback programme. Looney said surplus first-half cash flow would finance the moves. But I reckon using the word ‘surplus’ is questionable. After all, BP still carried a net debt pile of around $33bn at the end of the second quarter despite managing to reduce its borrowings a fair bit in the period.\nWhen it comes to cash flow, the strong oil price is BP’s friend. But oil prices are more than capable of cycling down again. And it will probably be years before alternative lines of business render the effects of oil revenue insignificant.\nBP’s future looks to me like it will involve growing its new, green energy businesses and managing the decline of its old oil business. It’s possible the overall BP business will grow as a net result in the years ahead.\nBut, to me, the company’s future looks uncertain. So I’m not selecting the stock as one of my dividend-led investments.","news_type":1},"isVote":1,"tweetType":1,"viewCount":447,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110539372,"gmtCreate":1622467417296,"gmtModify":1634101280983,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/110539372","repostId":"2139859504","repostType":4,"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109798262,"gmtCreate":1619719325756,"gmtModify":1634210466357,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/109798262","repostId":"1148135171","repostType":4,"repost":{"id":"1148135171","kind":"news","pubTimestamp":1619709572,"share":"https://www.laohu8.com/m/news/1148135171?lang=&edition=full","pubTime":"2021-04-29 23:19","market":"us","language":"en","title":"Powell: Financial system not threatened by 'frothy' asset valuations","url":"https://stock-news.laohu8.com/highlight/detail?id=1148135171","media":"Yahoo","summary":"Theretail-driven run-upinGamestopand thememeificationofcryptocurrency Dogecoinare not of concern to ","content":"<p>Theretail-driven run-upinGamestopand thememeificationofcryptocurrency Dogecoinare not of concern to the nation’s central bank, its chief said Wednesday.</p>\n<p>Federal Reserve Chairman Jerome Powell told reporters some asset valuations appear “frothy,” but did not see any risks that may hurt the financial system.</p>\n<p>“The overall financial stability picture is mixed, but on balance it’s manageable,” Powell said Wednesday in response to a question from Yahoo Finance.</p>\n<p>Powell added that the broad run-up in market prices may be linked in part to the central bank’s easy money policies, but said optimism over getting to a post-pandemic world is the main driver.</p>\n<p>“It has a tremendous amount to do with vaccination and re-opening of the economy — that's really what has been moving markets a lot in the last few months,” Powell said.</p>\n<p>Asked about the meme stock phenomenon in late-January, Powell similarly declined to speak to specific markets but said that asset values were broadly being driven by rising economic optimism.</p>\n<p>Year-to-date, the S&amp;P 500 and the Dow Jones Industrial Average have gained more than 10% each, repeatedly breaking through new all-time highs.</p>\n<p><b>Other risks</b></p>\n<p>Powell’s remarks make it clear that the central bank feels comfortable running with its aggressively accommodative monetary policy. In addition to near-zero short-term interest rates, the Fed has also been absorbing $120 billion a month in U.S. Treasuries and agency mortgage-backed securities.</p>\n<p>The policy-setting Federal Open Market Committee on Wednesdaykept both of those policy measures unchanged. Powell told reporters in the afternoon that the Fed remains a “long way” from raising rates.</p>\n<p>Powell said the central bank is still keeping an eye on some financial stability risks, adding that rising home prices are catching some attention.</p>\n<p>The S&amp;P CoreLogic Case-Shiller national home price indexreached a 15-year high in February, according to data released Tuesday.</p>\n<p>Powell said the higher prices are due to constraints on supply, with homebuilders unable to keep up with demand. He added that he does not see financial stability concerns in those prices, despite their history with triggering previous crises in the U.S.</p>\n<p>“We really don’t see that here,” Powell said Wednesday. “We don’t see bad loans and unsustainable prices and that kind of thing.”</p>","source":"lsy1584348713084","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>Powell: Financial system not threatened by 'frothy' asset valuations</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\">\nPowell: Financial system not threatened by 'frothy' asset valuations\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-29 23:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/powell-financial-system-not-threatened-by-frothy-asset-valuations-205533333.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Theretail-driven run-upinGamestopand thememeificationofcryptocurrency Dogecoinare not of concern to the nation’s central bank, its chief said Wednesday.\nFederal Reserve Chairman Jerome Powell told ...</p>\n\n<a href=\"https://finance.yahoo.com/news/powell-financial-system-not-threatened-by-frothy-asset-valuations-205533333.html\">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://finance.yahoo.com/news/powell-financial-system-not-threatened-by-frothy-asset-valuations-205533333.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148135171","content_text":"Theretail-driven run-upinGamestopand thememeificationofcryptocurrency Dogecoinare not of concern to the nation’s central bank, its chief said Wednesday.\nFederal Reserve Chairman Jerome Powell told reporters some asset valuations appear “frothy,” but did not see any risks that may hurt the financial system.\n“The overall financial stability picture is mixed, but on balance it’s manageable,” Powell said Wednesday in response to a question from Yahoo Finance.\nPowell added that the broad run-up in market prices may be linked in part to the central bank’s easy money policies, but said optimism over getting to a post-pandemic world is the main driver.\n“It has a tremendous amount to do with vaccination and re-opening of the economy — that's really what has been moving markets a lot in the last few months,” Powell said.\nAsked about the meme stock phenomenon in late-January, Powell similarly declined to speak to specific markets but said that asset values were broadly being driven by rising economic optimism.\nYear-to-date, the S&P 500 and the Dow Jones Industrial Average have gained more than 10% each, repeatedly breaking through new all-time highs.\nOther risks\nPowell’s remarks make it clear that the central bank feels comfortable running with its aggressively accommodative monetary policy. In addition to near-zero short-term interest rates, the Fed has also been absorbing $120 billion a month in U.S. Treasuries and agency mortgage-backed securities.\nThe policy-setting Federal Open Market Committee on Wednesdaykept both of those policy measures unchanged. Powell told reporters in the afternoon that the Fed remains a “long way” from raising rates.\nPowell said the central bank is still keeping an eye on some financial stability risks, adding that rising home prices are catching some attention.\nThe S&P CoreLogic Case-Shiller national home price indexreached a 15-year high in February, according to data released Tuesday.\nPowell said the higher prices are due to constraints on supply, with homebuilders unable to keep up with demand. He added that he does not see financial stability concerns in those prices, despite their history with triggering previous crises in the U.S.\n“We really don’t see that here,” Powell said Wednesday. “We don’t see bad loans and unsustainable prices and that kind of thing.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187332654,"gmtCreate":1623739814778,"gmtModify":1634029292050,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/187332654","repostId":"2143178756","repostType":4,"repost":{"id":"2143178756","kind":"highlight","pubTimestamp":1623719401,"share":"https://www.laohu8.com/m/news/2143178756?lang=&edition=full","pubTime":"2021-06-15 09:10","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2143178756","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<p>In last week's article on three stocks to avoid, I predicted that <b>GameStop</b> (NYSE:GME), <b>AMC Entertainment Holdings</b>&nbsp;(NYSE:AMC), and <b>Carnival</b>&nbsp;(NYSE:CCL) would have a rough few days.</p>\n<ul>\n <li>GameStop lived up to my prediction on tumbling the day after reporting quarterly results, something that has now happened in 10 of the past 11 reports. The video game retailer plummeted 27% on Thursday, but it moved nicely higher the other four days of the week -- trimming its weeklong decline to just 6%.</li>\n <li>AMC closed out the week with a 3% gain, following the 83% burst higher the week before. The multiplex operator is benefiting from a surge in box office receipts, but they continue to track at less than half of where the industry was two years ago.</li>\n <li>Finally we have Carnival sinking 2% for the week. Cruise stocks have been buoyant ahead of a return to sailing this month, but we're already seeing COVID-19 cases pop up in the limited number of voyages taking place so far.</li>\n</ul>\n<p>Those three stocks averaged a 1.7% decline for the week. The <b>S&amp;P 500</b> rose by 0.4% in that time, so I won. Right now, I see <b>Royal Caribbean</b>&nbsp;(NYSE:RCL), AMC Entertainment Holdings, and <b>Osprey Bitcoin Trust</b> (OTC:OBTC) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/844fa22418b0d6398103c6917b0d7eb3\" tg-width=\"700\" tg-height=\"459\"><span>Image source: Getty Images.</span></p>\n<h2>1. Royal Caribbean</h2>\n<p>This was supposed to be the summer that the cruise industry finally roars back into being, but we're already seeing some choppy waters. Royal Caribbean's <i>Celebrity Millennium</i> became the first major cruise ship available to North American seafarers earlier this month since the industry shut down last March. A few days into the maiden voyage, a pair of passengers contracted the COVID-19 virus.</p>\n<p>There's also an operational standoff in Royal Caribbean's home state of Florida, where the governor is threatening to fine cruise lines for requiring vaccinations of its passengers. It's a Catch-22 for the industry, as the CDC requires at least 95% of a ship's passengers to be fully vaccinated to resume sailings without having to go through a series of costly test cruises.</p>\n<p>Royal Caribbean is my favorite of the three cruise lines as an investment, but it's also held up the best during the lull. With the reopening off to a bumpy start it also makes the stock vulnerable here.</p>\n<h2><b>2. AMC Entertainment</b></h2>\n<p>I'm a fan of a lot that AMC Entertainment has done to get bet better at a time when many of its smaller rivals have been merely walking in place. The country's largest multiplex operator has upped its seat reservations and mobile order tech and carved out a new revenue stream with actively promoted private rentals. The new Investor Connect program is sheer genius, monetizing its newborn attention as a meme stock with millions of retail investors by trying to convert them into customers.</p>\n<p>However, after ballooning its share count north of 500 million -- and the stock still moving higher -- there will eventually be a price to be paid in terms of valuation. AMC Entertainment enters this week with an enterprise value above $35 billion, and sooner or later someone is going to have to pay the tab at the end of the party.</p>\n<p>AMC is doing the right things to stay on top of a declining industry, but it's not enough to justify today's sticker price.&nbsp; This has historically been a low-margin business -- in the low single digits for net margin most years -- despite the markup on concessions. You'll see a year-over-year bounce this year, but we may never return to 2019 as a baseline. Theatrical release windows are being shattered by streaming initiatives. AMC has bloated its debt levels and share count to stay alive, but all of this comes at a price that right now seems too dear to pay.</p>\n<h2>3. Osprey Bitcoin Trust</h2>\n<p>I believe in keeping a small percent of your risk-tolerant portfolio in crypto, but not every vehicle is in the same boat. Osprey Bitcoin Trust offers investors a low-cost way to play the popularity of <b>Bitcoin</b> (CRYPTO:BTC) in a stock exchange-listed vehicle.</p>\n<p>Osprey Bitcoin Trust is a lot smaller than the market's original Bitcoin-owning trust, and it's also trading at an unsustainable premium. Osprey's mark-up to its stake of Bitcoin tokens has been contracting since hitting the market earlier this year, and I was starting to get interested when the premium narrowed to 12% a week ago.</p>\n<p>The mark-up is going the wrong way again. Osprey Bitcoin Trust owns what is currently $12.68 in Bitcoin, but it closed last week at $14.95. Is an 18% premium worth it when the much larger -- but admittedly more high-cost -- <b>Grayscale Bitcoin Trust</b> (OTC:GBTC) is fetching an 11% discount to its net asset value?</p>\n<p>If you're looking for safe stocks, you aren't likely to find them in Royal Caribbean, AMC Entertainment, and Osprey Bitcoin Trust this week.</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>3 Stocks to Avoid 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\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 09:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In last week's article on three stocks to avoid, I predicted that GameStop (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and Carnival (NYSE:CCL) would have a rough few days.\n\nGameStop lived up to...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCL":"嘉年华邮轮","AMC":"AMC院线","OBTC":"Osprey Bitcoin Trust","GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/06/14/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143178756","content_text":"In last week's article on three stocks to avoid, I predicted that GameStop (NYSE:GME), AMC Entertainment Holdings (NYSE:AMC), and Carnival (NYSE:CCL) would have a rough few days.\n\nGameStop lived up to my prediction on tumbling the day after reporting quarterly results, something that has now happened in 10 of the past 11 reports. The video game retailer plummeted 27% on Thursday, but it moved nicely higher the other four days of the week -- trimming its weeklong decline to just 6%.\nAMC closed out the week with a 3% gain, following the 83% burst higher the week before. The multiplex operator is benefiting from a surge in box office receipts, but they continue to track at less than half of where the industry was two years ago.\nFinally we have Carnival sinking 2% for the week. Cruise stocks have been buoyant ahead of a return to sailing this month, but we're already seeing COVID-19 cases pop up in the limited number of voyages taking place so far.\n\nThose three stocks averaged a 1.7% decline for the week. The S&P 500 rose by 0.4% in that time, so I won. Right now, I see Royal Caribbean (NYSE:RCL), AMC Entertainment Holdings, and Osprey Bitcoin Trust (OTC:OBTC) as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.\nImage source: Getty Images.\n1. Royal Caribbean\nThis was supposed to be the summer that the cruise industry finally roars back into being, but we're already seeing some choppy waters. Royal Caribbean's Celebrity Millennium became the first major cruise ship available to North American seafarers earlier this month since the industry shut down last March. A few days into the maiden voyage, a pair of passengers contracted the COVID-19 virus.\nThere's also an operational standoff in Royal Caribbean's home state of Florida, where the governor is threatening to fine cruise lines for requiring vaccinations of its passengers. It's a Catch-22 for the industry, as the CDC requires at least 95% of a ship's passengers to be fully vaccinated to resume sailings without having to go through a series of costly test cruises.\nRoyal Caribbean is my favorite of the three cruise lines as an investment, but it's also held up the best during the lull. With the reopening off to a bumpy start it also makes the stock vulnerable here.\n2. AMC Entertainment\nI'm a fan of a lot that AMC Entertainment has done to get bet better at a time when many of its smaller rivals have been merely walking in place. The country's largest multiplex operator has upped its seat reservations and mobile order tech and carved out a new revenue stream with actively promoted private rentals. The new Investor Connect program is sheer genius, monetizing its newborn attention as a meme stock with millions of retail investors by trying to convert them into customers.\nHowever, after ballooning its share count north of 500 million -- and the stock still moving higher -- there will eventually be a price to be paid in terms of valuation. AMC Entertainment enters this week with an enterprise value above $35 billion, and sooner or later someone is going to have to pay the tab at the end of the party.\nAMC is doing the right things to stay on top of a declining industry, but it's not enough to justify today's sticker price.  This has historically been a low-margin business -- in the low single digits for net margin most years -- despite the markup on concessions. You'll see a year-over-year bounce this year, but we may never return to 2019 as a baseline. Theatrical release windows are being shattered by streaming initiatives. AMC has bloated its debt levels and share count to stay alive, but all of this comes at a price that right now seems too dear to pay.\n3. Osprey Bitcoin Trust\nI believe in keeping a small percent of your risk-tolerant portfolio in crypto, but not every vehicle is in the same boat. Osprey Bitcoin Trust offers investors a low-cost way to play the popularity of Bitcoin (CRYPTO:BTC) in a stock exchange-listed vehicle.\nOsprey Bitcoin Trust is a lot smaller than the market's original Bitcoin-owning trust, and it's also trading at an unsustainable premium. Osprey's mark-up to its stake of Bitcoin tokens has been contracting since hitting the market earlier this year, and I was starting to get interested when the premium narrowed to 12% a week ago.\nThe mark-up is going the wrong way again. Osprey Bitcoin Trust owns what is currently $12.68 in Bitcoin, but it closed last week at $14.95. Is an 18% premium worth it when the much larger -- but admittedly more high-cost -- Grayscale Bitcoin Trust (OTC:GBTC) is fetching an 11% discount to its net asset value?\nIf you're looking for safe stocks, you aren't likely to find them in Royal Caribbean, AMC Entertainment, and Osprey Bitcoin Trust this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186970893,"gmtCreate":1623471146112,"gmtModify":1634032691033,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/186970893","repostId":"1147474880","repostType":4,"repost":{"id":"1147474880","kind":"news","pubTimestamp":1623470168,"share":"https://www.laohu8.com/m/news/1147474880?lang=&edition=full","pubTime":"2021-06-12 11:56","market":"us","language":"en","title":"Investor, Trader, Speculator: Which One Are You?","url":"https://stock-news.laohu8.com/highlight/detail?id=1147474880","media":"The Wall Street Journal","summary":"Understanding the difference between speculation and investing is essential to avoiding reckless ris","content":"<blockquote>\n Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n</blockquote>\n<p>I’ve had it.</p>\n<p>The Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.</p>\n<p>If you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.</p>\n<p>Whenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.</p>\n<p>You’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.</p>\n<p>Of course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%<i>are</i>investors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.</p>\n<p>An investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.</p>\n<p>The word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.</p>\n<p>Nevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”</p>\n<p>He wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)</p>\n<p>“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”</p>\n<p>Graham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.</p>\n<p>In that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”</p>\n<p>However, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”</p>\n<p>Most investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.</p>\n<p>If you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.</p>\n<p>Take speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.</p>\n<p>I think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.</p>\n<p>“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”</p>\n<p>I hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.</p>\n<p>Calling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.</p>\n<p>Ina recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”</p>\n<p>In her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.</p>\n<p>The currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)</p>\n<p>PAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.</p>\n<p>Ms. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”</p>\n<p>In Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.</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>Investor, Trader, Speculator: Which One Are You?</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\">\nInvestor, Trader, Speculator: Which One Are You?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of ...</p>\n\n<a href=\"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5\">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","SPY":"标普500ETF"},"source_url":"https://www.wsj.com/articles/you-cant-invest-without-trading-you-can-trade-without-investing-11623426213?mod=markets_lead_pos5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147474880","content_text":"Understanding the difference between speculation and investing is essential to avoiding reckless risk.\n\nI’ve had it.\nThe Wall Street Journal is wrong, and has remained wrong for decades, about one of the most basic distinctions in finance. And I can’t stand it anymore.\nIf you buy a stock purely because it’s gone up a lot, without doing any research on it whatsoever, you are not—as the Journal and its editors bizarrely insist on calling you—an “investor.” If you buy a cryptocurrency because, hey, that sounds like fun, you aren’t an investor either.\nWhenever you buy any financial asset becauseyou have a hunchorjust for kicks, or becausesomebody famous is hyping the heck out of itoreverybody else seems to be buying it too, you aren’t investing.\nYou’re definitely a trader: someone who has just bought an asset. And you may bea speculator: someone who thinks other people will pay more for it than you did.\nOf course,some folkswho buy meme stocks likeGameStopCorp.GME5.88%areinvestors. They read the companies’ financial statements, study the health of the underlying businesses and learn who else is betting on or against the shares. Likewise, many buyers of digital coins have put in the time and effort to understand how cryptocurrency works and how it could reshape finance.\nAn investor relies on internal sources of return: earnings, income, growth in the value of assets. A speculator counts on external sources of return: primarilywhether somebody else will pay more, regardless of fundamental value.\nThe word investor comes from the Latin “investire,” to dress in or clothe oneself, surround or envelop. You would never wear clothes without knowing what color they are or what material they’re made of. Likewise, you can’t invest in an asset you know nothing about.\nNevertheless, the Journal and its editors have long called almost everybody who buys just about anything an “investor.” On July 12, 1962, the Journal publisheda letter to the editorfrom Benjamin Graham, author of the classic books “Security Analysis” and “The Intelligent Investor.” That June, complained Graham, the Journal had run an article headlined “Many Small Investors Bet on Further Drops, Sell Odd Lots Short.”\nHe wrote: “By what definition of ‘investment’ can one give the name ‘investors’ to small people who make bets on the stock market by selling odd lots short?” (To short an odd lot is to borrow and sell fewer than 100 shares in a wager that a stock will fall—an expensive and risky bet, then and now.)\n“If these people are investors,” asked Graham, “how should one define ‘speculation’ and ‘speculators’? Isn’t it possible that the currentfailure to distinguishbetweeninvestment and speculationmay do grave harm not only to individuals but to the whole financial community—as it did in the late 1920s?”\nGraham wasn’t a snob who thought that the markets should be the exclusive playground of the rich. He wrote “The Intelligent Investor” with the express purpose of helping less-wealthy people participate wisely in the stock market.\nIn that book, after which this column is named, Graham said, “Outright speculation is neither illegal, immoral, nor (for most people) fattening to the pocketbook.”\nHowever, he warned, it creates three dangers: “(1) speculating when you think you are investing; (2) speculating seriously instead of as a pastime, when you lack proper knowledge and skill for it; and (3) risking more money in speculation than you can afford to lose.”\nMost investors speculate a bit every once in a while. Like a lottery ticket or an occasional visit to the racetrack or casino, a little is harmless fun. A lot isn’t.\nIf you think you’re investing when you’re speculating, you’ll attribute even momentary success to skill even thoughluck is the likeliest explanation. That can lead you to take reckless risks.\nTake speculating too seriously, and it turns intoan obsessionandan addiction. You become incapable of accepting your losses or focusing on the future more than a few minutes ahead. Next thing you know, you’re throwing even more money onto the bonfire.\nI think calling traders and speculators “investors” shoves many newcomers farther down the slippery slope toward risks they shouldn’t take and losses they can’t afford. I fervently hope the Journal and its editors will finally stop using “investor” as the default term for anyone who makes a trade.\n“ ‘Investor’ has a long history in the English language as a catch-all term denoting people who commit capital with the expectation of a return, no matter how long or short, no matter how many or how few investing columns they read,” WSJ Financial Editor Charles Forelle said in response to my complaints. “Back at least to the mid-19th century, ‘invest’ has even been used to describe a wager on horses—an activity surely no less divorced from fundamental analysis than a purchase of dogecoin.”\nI hear you, Boss, but I still think you’re wrong. There’s no way the Journal would say a recreational gambler is “investing” at the racetrack just because a dictionary says we can.\nCalling novice speculators “investors” is one of the most powerful ways marketers fuel excessive trading.\nIna recent Instagram post, a former porn star who goes by the name Lana Rhoades posed in—well, mostly in—a bikini, as she held up what appears to be Graham’s “The Intelligent Investor.” According to IMDb.com, she starred in such videos as “Tushy” and “Make Me Meow.”\nIn her post, which was “liked” by nearly 1.8 million people, Ms. Rhoades announced that she will be promoting a cryptocurrency calledPAWGcoin.\nThe currency’s website says the coin is meant for “those who pay homage to developed posteriors.” (PAWG, I’ve been reliably informed, stands for Phat Ass White Girl.)\nPAWGcoin is up roughly 900% since Ms. Rhoades began promoting it in early June, according to Poocoin.io, a website that tracks such digital currencies.\nMs. Rhoades, who has tweeted “I also read the WSJ every morning,” couldn’t be reached for comment. PAWGcoin’s website encourages visitors to “invest now.”\nIn Ms. Rhoades’s Instagram post, she is holding up an open copy of the “The Intelligent Investor,” whose cover is reversed. She appears to be reading it with her eyes closed.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198275684,"gmtCreate":1620966259448,"gmtModify":1634194892637,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/198275684","repostId":"2135945620","repostType":4,"repost":{"id":"2135945620","kind":"highlight","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":1620936034,"share":"https://www.laohu8.com/m/news/2135945620?lang=&edition=full","pubTime":"2021-05-14 04:00","market":"us","language":"en","title":"Wall Street closes higher in 'buy the dip' session","url":"https://stock-news.laohu8.com/highlight/detail?id=2135945620","media":"Reuters","summary":"NEW YORK, May 13  - Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data.All three major U.S. stock indexes notched solid gains, with the Nasdaq, weighed by Tesla Inc , picking up the rear.Recent economic data has prompted inflation fears as scarcity of both materials and workers threatens to send prices surging in the face of a demand boom.\"If this is a footrace, supply chains are still tying th","content":"<p>NEW YORK, May 13 (Reuters) - Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data.</p><p>All three major U.S. stock indexes notched solid gains, with the Nasdaq, weighed by Tesla Inc , picking up the rear.</p><p>Meanwhile, cyclical shares enjoyed the biggest gains.</p><p>Recent economic data has prompted inflation fears as scarcity of both materials and workers threatens to send prices surging in the face of a demand boom.</p><p>\"If this is a footrace, supply chains are still tying their shoes,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York. \"But they will catch up with demand fairly quickly.\"</p><p>But on Thursday, investors appeared to be focusing on the glass-half-full side of the demand/supply equation.</p><p>This was evidenced by the outperformance of small caps, chips&nbsp;and transports , economically sensitive stocks that stand to gain as the United States emerges from the pandemic recession.</p><p>\"Sectors and stocks that were hurt most significantly by yesterday's sell-off rebounded strongly today given that economic growth is expected to remain strong throughout the year and any inflation is likely to be temporary,\" Carter added.</p><p>New applications for unemployment insurance continue to fall, according to jobless claims data from the Labor Department that hit a 14-month low.</p><p>Labor Department data also showed producer prices surged last month, building on the inflation surge narrative of Wednesday's consumer prices report.</p><p>\"The inflation boogeyman is back right on cue,\" Carter said. \"And will continue to spook markets for the coming months.\"</p><p>But rising prices were widely anticipated, and the U.S. Federal Reserve has provided repeated assurances that it does not foresee those spikes morphing into sustained, long-term inflation.</p><p>The Dow Jones Industrial Average rose 433.79 points, or 1.29%, to 34,021.45, the S&amp;P 500 gained 49.46 points, or 1.22%, to 4,112.5 and the Nasdaq Composite added 93.31 points, or 0.72%, to 13,124.99.</p><p>Of the 11 major sectors in the S&amp;P 500, 10 ended green, with industrials enjoying the largest percentage gain.</p><p>Energy, weighed by a drop in crude prices, was the sole loser, shedding 1.4%. [O/R]</p><p>Walt Disney Co shares were down nearly 5% in after-hours trading after posting quarterly results.</p><p>Dating app owner Bumble Inc tumbled 14.3%, falling below its initial public offering price, as investors remained cautious about how quickly users will return to in-person meetings.</p><p>Boeing Co rose 0.8% after gaining approval from U.S. regulators for a fix of an electrical grounding issue.</p><p>Tesla continued its slide, dropping 3.1%, the heaviest drag on the Nasdaq, after boss Elon Musk doubled down on his sudden rejection of cryptocurrency bitcoin.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.91-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 13 new 52-week highs and no new lows; the Nasdaq Composite recorded 49 new highs and 201 new lows.</p><p>Volume on U.S. exchanges was 11.50 billion shares, compared with the 10.53 billion average over the last 20 trading days.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Report：</i></b></p><p><a href=\"https://laohu8.com/NW/1143623731\" target=\"_blank\">Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference</a></p><p><a href=\"https://laohu8.com/NW/1149765041\" target=\"_blank\">Coinbase revenue tripled from last quarter,To Offer Dogecoin In 6 To 8 Weeks</a></p><p><a href=\"https://laohu8.com/NW/2135732206\" target=\"_blank\">Airbnb bookings jump 52% as vaccinations spur vacation rental demand</a></p><p><a href=\"https://laohu8.com/NW/2135555675\" target=\"_blank\">DoorDash triples gross order volume and nearly triples revenue in first quarter</a></p><p><a href=\"https://laohu8.com/NW/2135283678\" target=\"_blank\">Aurora Cannabis stock plunges amid more large losses, stock-sale plans and cost cuts</a></p><p><a href=\"https://laohu8.com/NW/2135787576\" target=\"_blank\">Farfetch’s First-quarter Sales Run Up 46.4 Percent</a></p><p><a href=\"https://laohu8.com/NW/1100486329\" target=\"_blank\">Luminar stock dips after mixed Q1 report with wider than exp</a></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>Wall Street closes higher in 'buy the dip' session</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 closes higher in 'buy the dip' session\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\">2021-05-14 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, May 13 (Reuters) - Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data.</p><p>All three major U.S. stock indexes notched solid gains, with the Nasdaq, weighed by Tesla Inc , picking up the rear.</p><p>Meanwhile, cyclical shares enjoyed the biggest gains.</p><p>Recent economic data has prompted inflation fears as scarcity of both materials and workers threatens to send prices surging in the face of a demand boom.</p><p>\"If this is a footrace, supply chains are still tying their shoes,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York. \"But they will catch up with demand fairly quickly.\"</p><p>But on Thursday, investors appeared to be focusing on the glass-half-full side of the demand/supply equation.</p><p>This was evidenced by the outperformance of small caps, chips&nbsp;and transports , economically sensitive stocks that stand to gain as the United States emerges from the pandemic recession.</p><p>\"Sectors and stocks that were hurt most significantly by yesterday's sell-off rebounded strongly today given that economic growth is expected to remain strong throughout the year and any inflation is likely to be temporary,\" Carter added.</p><p>New applications for unemployment insurance continue to fall, according to jobless claims data from the Labor Department that hit a 14-month low.</p><p>Labor Department data also showed producer prices surged last month, building on the inflation surge narrative of Wednesday's consumer prices report.</p><p>\"The inflation boogeyman is back right on cue,\" Carter said. \"And will continue to spook markets for the coming months.\"</p><p>But rising prices were widely anticipated, and the U.S. Federal Reserve has provided repeated assurances that it does not foresee those spikes morphing into sustained, long-term inflation.</p><p>The Dow Jones Industrial Average rose 433.79 points, or 1.29%, to 34,021.45, the S&amp;P 500 gained 49.46 points, or 1.22%, to 4,112.5 and the Nasdaq Composite added 93.31 points, or 0.72%, to 13,124.99.</p><p>Of the 11 major sectors in the S&amp;P 500, 10 ended green, with industrials enjoying the largest percentage gain.</p><p>Energy, weighed by a drop in crude prices, was the sole loser, shedding 1.4%. [O/R]</p><p>Walt Disney Co shares were down nearly 5% in after-hours trading after posting quarterly results.</p><p>Dating app owner Bumble Inc tumbled 14.3%, falling below its initial public offering price, as investors remained cautious about how quickly users will return to in-person meetings.</p><p>Boeing Co rose 0.8% after gaining approval from U.S. regulators for a fix of an electrical grounding issue.</p><p>Tesla continued its slide, dropping 3.1%, the heaviest drag on the Nasdaq, after boss Elon Musk doubled down on his sudden rejection of cryptocurrency bitcoin.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 1.91-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 13 new 52-week highs and no new lows; the Nasdaq Composite recorded 49 new highs and 201 new lows.</p><p>Volume on U.S. exchanges was 11.50 billion shares, compared with the 10.53 billion average over the last 20 trading days.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Report：</i></b></p><p><a href=\"https://laohu8.com/NW/1143623731\" target=\"_blank\">Disney+ subscriber growth is slowing like Netflix's — with one worrisome difference</a></p><p><a href=\"https://laohu8.com/NW/1149765041\" target=\"_blank\">Coinbase revenue tripled from last quarter,To Offer Dogecoin In 6 To 8 Weeks</a></p><p><a href=\"https://laohu8.com/NW/2135732206\" target=\"_blank\">Airbnb bookings jump 52% as vaccinations spur vacation rental demand</a></p><p><a href=\"https://laohu8.com/NW/2135555675\" target=\"_blank\">DoorDash triples gross order volume and nearly triples revenue in first quarter</a></p><p><a href=\"https://laohu8.com/NW/2135283678\" target=\"_blank\">Aurora Cannabis stock plunges amid more large losses, stock-sale plans and cost cuts</a></p><p><a href=\"https://laohu8.com/NW/2135787576\" target=\"_blank\">Farfetch’s First-quarter Sales Run Up 46.4 Percent</a></p><p><a href=\"https://laohu8.com/NW/1100486329\" target=\"_blank\">Luminar stock dips after mixed Q1 report with wider than exp</a></p>\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"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135945620","content_text":"NEW YORK, May 13 (Reuters) - Wall Street ended sharply higher at the close of a broad rally on Thursday, bouncing back from three straight days of selling on upbeat labor market data.All three major U.S. stock indexes notched solid gains, with the Nasdaq, weighed by Tesla Inc , picking up the rear.Meanwhile, cyclical shares enjoyed the biggest gains.Recent economic data has prompted inflation fears as scarcity of both materials and workers threatens to send prices surging in the face of a demand boom.\"If this is a footrace, supply chains are still tying their shoes,\" said David Carter, chief investment officer at Lenox Wealth Advisors in New York. \"But they will catch up with demand fairly quickly.\"But on Thursday, investors appeared to be focusing on the glass-half-full side of the demand/supply equation.This was evidenced by the outperformance of small caps, chips and transports , economically sensitive stocks that stand to gain as the United States emerges from the pandemic recession.\"Sectors and stocks that were hurt most significantly by yesterday's sell-off rebounded strongly today given that economic growth is expected to remain strong throughout the year and any inflation is likely to be temporary,\" Carter added.New applications for unemployment insurance continue to fall, according to jobless claims data from the Labor Department that hit a 14-month low.Labor Department data also showed producer prices surged last month, building on the inflation surge narrative of Wednesday's consumer prices report.\"The inflation boogeyman is back right on cue,\" Carter said. \"And will continue to spook markets for the coming months.\"But rising prices were widely anticipated, and the U.S. Federal Reserve has provided repeated assurances that it does not foresee those spikes morphing into sustained, long-term inflation.The Dow Jones Industrial Average rose 433.79 points, or 1.29%, to 34,021.45, the S&P 500 gained 49.46 points, or 1.22%, to 4,112.5 and the Nasdaq Composite added 93.31 points, or 0.72%, to 13,124.99.Of the 11 major sectors in the S&P 500, 10 ended green, with industrials enjoying the largest percentage gain.Energy, weighed by a drop in crude prices, was the sole loser, shedding 1.4%. [O/R]Walt Disney Co shares were down nearly 5% in after-hours trading after posting quarterly results.Dating app owner Bumble Inc tumbled 14.3%, falling below its initial public offering price, as investors remained cautious about how quickly users will return to in-person meetings.Boeing Co rose 0.8% after gaining approval from U.S. regulators for a fix of an electrical grounding issue.Tesla continued its slide, dropping 3.1%, the heaviest drag on the Nasdaq, after boss Elon Musk doubled down on his sudden rejection of cryptocurrency bitcoin.Advancing issues outnumbered declining ones on the NYSE by a 1.91-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.The S&P 500 posted 13 new 52-week highs and no new lows; the Nasdaq Composite recorded 49 new highs and 201 new lows.Volume on U.S. exchanges was 11.50 billion shares, compared with the 10.53 billion average over the last 20 trading days.Financial Report：Disney+ subscriber growth is slowing like Netflix's — with one worrisome differenceCoinbase revenue tripled from last quarter,To Offer Dogecoin In 6 To 8 WeeksAirbnb bookings jump 52% as vaccinations spur vacation rental demandDoorDash triples gross order volume and nearly triples revenue in first quarterAurora Cannabis stock plunges amid more large losses, stock-sale plans and cost cutsFarfetch’s First-quarter Sales Run Up 46.4 PercentLuminar stock dips after mixed Q1 report with wider than exp","news_type":1},"isVote":1,"tweetType":1,"viewCount":1167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190946025,"gmtCreate":1620575701967,"gmtModify":1634197953344,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/190946025","repostId":"1147179681","repostType":4,"repost":{"id":"1147179681","kind":"news","pubTimestamp":1620458192,"share":"https://www.laohu8.com/m/news/1147179681?lang=&edition=full","pubTime":"2021-05-08 15:16","market":"us","language":"en","title":"The Week In Cannabis: The New Tilray, Jazz-GW Pharma, Earnings, M&A, And More","url":"https://stock-news.laohu8.com/highlight/detail?id=1147179681","media":"Benzinga","summary":"This was an eventful week for the cannabis industry.On Monday,Tilray, Inc.(NASDAQ:TLRY) and Aphria, ","content":"<p>This was an eventful week for the cannabis industry.</p><p>On Monday,<b>Tilray, Inc.</b>(NASDAQ:TLRY) and&nbsp;<b>Aphria, Inc.</b>(NASDAQ:APHA) closed their merger after months of negotiations, creating a company with a combined market cap of $3.3 billion.</p><p>Following the merger, Jefferies upgraded the rating for Tilray from Underperform to Buy, while raising the price target from $4.77 to $23.</p><p><b>Jazz Pharmaceuticals</b>(NASDAQ:JAZZ) finalized its acquisition of&nbsp;<b>GW Pharmaceuticals plc.</b>(NASDAQ:GWPH), the producer of the FDA‑approved prescription cannabidiol drug Epidiolex, for $7.2 billion or $6.7 billion&nbsp;net of GW Pharma's cash.</p><p>Meanwhile,<b>Ascend Wellness Holdings</b>(CSE:AAWH) started trading on the Canadian Securities exchange following a raise of approximately $80 million through an initial public offering of roughly 10 million shares of its Class A common stock at $8 per share.</p><p>After two weeks of consolidating below resistance at the $1&nbsp;level, shares of Reddit favorite&nbsp;<b><a href=\"https://laohu8.com/S/SNDL\">Sundial Growers Inc.</a></b>&nbsp;have resumed their downtrend.</p><p><b><a href=\"https://laohu8.com/S/CS\">Credit Suisse Group AG</a></b>(NYSE:CS)&nbsp;reportedly stopped handling transactions in shares of cannabis companies with U.S. operations and plans to refrain from holding cannabis stocks on behalf of its clients.</p><p>The Swiss-based lender, which declined to give a statement, was among a handful of banks willing to buy and sell marijuana-related stocks and hold the shares as a custodian for clients in the <a href=\"https://laohu8.com/S/UBNK\">United</a> States. While it's not yet clear what impact this decision will have, Reuters reported&nbsp;the move has affected the sale of marijuana stocks in recent weeks.</p><p>In fact, all major ETFs were down. Over the five trading days of this week:</p><ul><li>The<b><a href=\"https://laohu8.com/S/MJX\">ETFMG Alternative Harvest ETF</a></b>(NYSE:MJ): lost 0.2%.</li><li>The<b>$AdvisorShares Pure <a href=\"https://laohu8.com/S/THCX\">Cannabis ETF</a>(YOLO)$</b>(NYSE:YOLO): tumbled 1.8%.</li><li>The<b><a href=\"https://laohu8.com/S/MSOS\">AdvisorShares Pure US Cannabis ETF</a></b>(NYSE:MSOS): shed 0.2% of its value.</li><li>The<b><a href=\"https://laohu8.com/S/THCX\">Cannabis ETF</a></b>(NYSE:THCX): dropped 3.4%.</li><li>The<b>Amplify Seymour Cannabis ETF</b>(NYSE:CNBS): was down 3.5%.</li><li>The<b>SPDR S&amp;P 500 ETF Trust</b>(NYSE:SPY) closed the week up 1.21%.</li></ul><p><b>Policy, Science And Data</b></p><p>In <a href=\"https://laohu8.com/S/NWY\">New York</a>, people gathered to celebrate cannabis legalization.</p><p>“Last weekend's annual <a href=\"https://laohu8.com/S/NYRT\">New York</a> <a href=\"https://laohu8.com/S/CHCO\">City</a> cannabis parade brought out a who's who in politicians jockeying for position to be the <a href=\"https://laohu8.com/S/AONE\">one</a> who was<i>always</i>supportive of legalizing cannabis. Ah-hem. Water under the bridge shall we say,” commented Debra Borchardt, CEO ofGreen Market Report. “With adult use cannabis sales likely to be legal by next year's parade, the people who attended were clearly in a celebratory mood. The <a href=\"https://laohu8.com/S/NGD\">New</a> York market is expected to be the largest in the country and there were many small businesses working the crowd. There should be a Tinder app for social equity applicants to hook up with investors as there was a lot of talk about social equity applicants, but most have no money or very little.”</p><p>In ColoradoGov. Jared Polis signed a bill that would expand&nbsp;access to medical cannabis for school children in need by removing obstacles to its administration.</p><p><b>Financings And M&amp;A</b></p><p><b>Jushi Holdings Inc.</b>(CSE:JUSH) (OTC:JUSHF) finalized its purchase of a 93,000 sq. ft. facility operated by its subsidiary,<b>Dalitso LLC</b>, for around $22 million. The deal also includes nearly nine acres of surrounding land in Prince William <a href=\"https://laohu8.com/S/ICBK\">County</a>, Virginia.</p><p><b>High Tide Inc.</b>(TSXV:HITI) (OTCQB:HITIF) (FRA: 2LY) will acquire 80% of<b>Fab Nutrition, LLC</b>. (operating as FABCBD) for $20.64 million in stock and cash.</p><p><b>MassRoots, Inc.</b>(OTC:MSRT) is looking to acquire<b><a href=\"https://laohu8.com/S/NYNY\">Empire</a> Services, Inc</b>. for $14 million in a primarily stock-based transaction.</p><p><b>Trulieve Cannabis Corp</b>. (CSE:TRUL) (OTCQX:TCNNF) purchased <a href=\"https://laohu8.com/S/WSTC\">West</a> Virginia-based<b>Mountaineer Holding LLC</b>for $6 million.</p><p><b>Cansortium Inc.</b>(CSE:TIUM), (OTCQB:CNTMF), doing business under the Fluent brand, exercised its right to regain up to the maximum of $5 million of convertible promissory notes, originally issued in the amount of $10 million in 2019.</p><p><b><a href=\"https://laohu8.com/S/GNBC\">Green</a> Thumb Industries Inc.</b>(CSE:GTII) (OTCQX:GTBIF) will reach the Virginia market via its acquisition of<b>Dharma Pharmaceuticals LLC.</b></p><p><b>Earnings Reports</b></p><p><b>Kiaro Holdings Corp.</b>(TSXV:KO) reported record revenues of CA$17.1 million in 2021, representing a year-over-year increase of 230%. Same-store sales spiked 58% over the same period.</p><p><b>Cansortium Inc.</b>(CSE:TIUM) (OTCQB:CNTMF), which operates under the Fluent brand, announced&nbsp;its fourth-quarter and full-year 2020 financial results, with consolidated revenue of $14.7 million for the three months ending Dec. 31, up 54% year-over-year.</p><p><b>Scotts Miracle-Gro</b>&nbsp;(NYSE:SMG) reported that company-wide sales grew by 32% year-over-year reaching $1.83 billion in the second quarter. For the first half of fiscal 2021, the company reported sales of $2.58 billion, up by 47% from $1.75 billion in sales&nbsp;posted a year ago.</p><p>Sales for the cannabis-focused Hawthorne segment climbed up to $363.8 million, representing a 66% year-over-year increase.</p><p><b>Lowell Farms Inc.</b>(CSE:LOWL) (OTCQX:LOWLF) generated $11 million in revenue during the first quarter of the 2021 fiscal year, representing an increase of 17% year-over-year.</p><p>Cannabis REIT<b>Innovative Industrial Properties, Inc.</b>(NYSE:IIPR) announced its total revenue increased by 103% year-over-year to $42.9 million in the first quarter of 2021. Net income for the same period was roughly $25.6 million, or $1.05 per diluted share, representing an annual growth of 122%.</p><p><b>POSaBIT Systems Corporation</b>(CSE:PBIT) (OTCQX:POSAF) reported its total revenue increased by 327% year-over-year, hitting roughly $3.06 million in the fourth quarter of 2020. <a href=\"https://laohu8.com/S/TSS\">Total</a> revenue amounted to $7.82 million in 2020, representing an annual increase of 127%.</p><p><b>Cronos Group Inc</b>&nbsp;(NASDAQ:&nbsp;CRON)&nbsp;reported a Q1 adjusted EBITDA loss&nbsp;of $37.07 million, marginally up from $37.05 million reported a year ago. This slight increase in losses was primarily driven by the rise in sales and marketing costs due to brand development in the U.S. segment and an increase in R&amp;D costs.</p><p>Hemp cultivation and processing brand<b>HempFlax</b>posted its full-year 2020 earnings report, with revenues of €14.5 million ($17.4 million), up 43% from 2019's $10.1 million. EBITDA increased 63% from 2019, totaling €1.8 million, marking the company's second profitable year. EBITDA margins increased to 12.7% from the previous year's 11.1%.</p><p><b>Planet 13 Holdings Inc.</b>(CSE:PLTH) (OTCQX:PLNHF) generated record sales in April&nbsp;of $10.7 million —&nbsp;almost as much as last year’s total second-quarter revenue of $10.8 million.</p><p><b>Other News</b></p><p>Canadian hospital&nbsp;<b>Sunnybrook Health Sciences Centre</b>&nbsp;and&nbsp;<b>Avicana Inc</b>(OTC:AVCNF) announced a partnership to provide medical cannabis products on-site through the Odette Cancer Centre Pharmacy.</p><p><b>Orchid Ventures Inc</b>(OTC:ORVRD) entered an exclusive licensing agreement with&nbsp;<b>Gold Flora</b>. Per the agreement, Gold Flora will be assuming all production, sales, and distribution of Orchid Essentials products throughout the state of California, and purchasing all hardware, packaging, and terpenes through PurTecDelivery Systems, a wholly-owned subsidiary of Orchid Ventures.</p><p>“As <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the highest growth operators in the state, we are confident that Gold Flora's leadership and quality of their operations will accelerate Orchid's growth potential, further establishing the brand as a leader in the largest recreational cannabis market in the world, California,” Corey Mangold, CEO and chairman of Orchid Ventures, told Benzinga.</p><p><b><a href=\"https://laohu8.com/S/APDN\">Applied DNA Sciences</a>, Inc.</b>(NASDAQ:APDN) signed a new contract with the Defense Logistics Agency’s (DLA) Land and Maritime’s Product Test Center (PTC) with a maximal value of $1.04 million.</p><p><b>MedMen Enterprises Inc</b>(CSE:MMEN) (OTC:MMNFF) announced the opening of its first Miami Beach, Florida location.</p><p><b>Tamerlane Trading</b>launched an online quality-verified marketplace for wholesale and bulk cannabis, calling the move the first and only cannabis marketplace of its kind in the world.</p><p>“Our overall goal with the new online marketplace is to establish trust and transparency in the cannabis industry. By including quality verification and grading of cannabis product, wholesale buyers and suppliers will benefit,” said Jhavid Mohseni, CEO of Tamerlane Trading.</p><p><b>Acreage Holdings, Inc.</b>(CSE:ACRG) (OTC:ACRGF) and<b>Medterra CBD, LLC</b>are joining forces to develop a CBD-based collection of products.</p><p><b>Sitka Hash House</b>has launched its handmade hashish-based products into the California market with manufacturing partner, Garden Society. Founded in 2012, Sitka claims 9 out of the top 10 hashish SKUs in <a href=\"https://laohu8.com/S/WASH\">Washington</a> state.</p><p>Sitka CEO Jeff <a href=\"https://laohu8.com/S/GHC\">Graham</a> told Benzinga, “Interstate expansion offers us the opportunity to provide our original cannabis concentrates to new audiences. We are proud to enter California with the Garden Society as our manufacturer and HERBL as our distributor.”</p><p>The Aster Farms team tracked their energy consumption, CO2e emissions, water use, solid waste as well as their hiring practices over the last year. The company now released its first annual Sustainability Report.</p><p>“Sustainability is part of our company's DNA,” shared Aster Farms CEO and co-founder Julia Jacbonson. “From regenerative agriculture and recyclable packaging to inclusive hiring practices, we understand that sustainable farming is only part of the story.”</p><p>“The cannabis industry is in a unique position to change the paradigm of what a successful company looks and feels like and what is considered most important,” she added.</p><p>Newly released podcast<b>Highly Unlikely,</b>hosted by standup comedian<b>Alex Gettlin</b>and produced by Wikileaf, dives into the absurdity of the world we live in. Each episode features famed comedian guests losing their minds over some very real and strange facts while trying various new cannabis products.</p><p>Canadian licensed cannabis producers and global markets will have access to time-tested, feminized, organic-certified cannabis seeds. This is thanks to a new partnership between<b>Humboldt Seed Company</b>and<b>Nymera,</b>which will allow not only the production and sale of the seeds in Canada, but also the export of these genetics to other countries with legal cannabis markets around the world.</p><p>This is the first time a cannabis seed is certified as organic.</p><p><b>Calyxt</b>announced advancements in technology that will make it easier for scientists to bring advanced breeding into hemp. The company, an expert at improving crops like soybeans and wheat to produce more heart-healthy oil or higher fiber, announced its scientists have transformed hemp – an important step as the company can now engineer the hemp genome, unlocking capabilities to selectively breed and deliver improvements in hemp traits through advanced plant breeding like gene editing or even GM level engineering.</p><p>“We were able to change the plants DNA and regenerate plants through tissue culture, thus accomplishing something that has been fairly elusive in hemp to date,\"&nbsp;said Travis Frey, Ph.D., chief technology officer of Calyxt. “By modernizing the hemp crop, we can now deliver traits that benefits both growers and consumers who are increasingly looking for plant-based and sustainable foods, materials, cosmeceuticals, nutraceuticals and more.\"</p><p><b>Zelira Therapeutics Ltd</b>(ASX:ZLD) (OTCQB:ZLDAF) launched its HOPE line of cannabis products in <a href=\"https://laohu8.com/S/WRE\">Washington</a> DC. The product line, especially formulated for autism spectrum disorder (ASD) patients of all ages, is also available in Pennsylvania, Louisiana and Australia.</p><p>“Since we first launched HOPE in the US, our long-term goal has been to make it accessible to ASD patients everywhere, and <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC's reciprocity allows us to take a huge step in that direction here in the US,” Dr. Oludare Odumosu, CEO of Zelira Therapeutics, told Benzinga. “The nation's capital is <a href=\"https://laohu8.com/S/AONE\">one</a> of the most popular travel destinations, so we are thrilled to be able to offer HOPE there as a treatment option for ASD patients from around the country who travel to DC.”</p><p><b>Cannabics Pharmaceuticals Inc.</b>(OTCQB:CNBX), received a “Notice of Allowance” from the Mexican Patent and Trademark Office (IMPI) for a patent on a “System and method for high throughput screening of cancer cells.”</p><p>Executive Moves</p><p>CBD products distributor,<b>Khode LLC.</b>, announced Tuesday&nbsp;it&nbsp;formed its first board of directors consisting of music artists, executives and CBD industry veterans, including Grammy award-winning artists and entrepreneur<b>DJ Khaled</b>, music executive<b>Lenny S</b>, CEO of<b>Endexx Corporation</b>(OTC:EDXC)<b>Todd Davis</b>, and<b>Stephen Herron</b>and<b>Ron Cotting</b>of<b>CBD Unlimited, Inc</b>.</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>The Week In Cannabis: The New Tilray, Jazz-GW Pharma, Earnings, M&A, And More</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\">\nThe Week In Cannabis: The New Tilray, Jazz-GW Pharma, Earnings, M&A, And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 15:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cannabis/21/05/21021448/the-week-in-cannabis-the-new-tilray-jazz-gw-pharma-earnings-m-a-and-more><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>This was an eventful week for the cannabis industry.On Monday,Tilray, Inc.(NASDAQ:TLRY) and Aphria, Inc.(NASDAQ:APHA) closed their merger after months of negotiations, creating a company with a ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/05/21021448/the-week-in-cannabis-the-new-tilray-jazz-gw-pharma-earnings-m-a-and-more\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CNTMF":"Cansortium Inc.","YOLO":"AdvisorShares Pure Cannabis ETF","APHA":"Aphria Inc.","NGD":"New Gold","SPY":"标普500ETF","MJ":"Amplify Alternative Harvest ETF","CNBS":"Amplify Seymour Cannabis ETF","GWPH":"GW Pharmaceuticals plc","CNBX":"CNBX Pharmaceuticals Inc.","MSRT":"MassRoots, Inc.","GTBIF":"Green Thumb Industries Inc.","TCNNF":"Trulieve Cannabis Corporation","THCX":"Innovation Shares Cannabis ETF","JUSHF":"Jushi Holdings Inc.","TLRY":"Tilray Inc.","JAZZ":"爵士制药","SNDL":"SNDL Inc.","MSOS":"AdvisorShares Pure US Cannabis ETF"},"source_url":"https://www.benzinga.com/markets/cannabis/21/05/21021448/the-week-in-cannabis-the-new-tilray-jazz-gw-pharma-earnings-m-a-and-more","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147179681","content_text":"This was an eventful week for the cannabis industry.On Monday,Tilray, Inc.(NASDAQ:TLRY) and Aphria, Inc.(NASDAQ:APHA) closed their merger after months of negotiations, creating a company with a combined market cap of $3.3 billion.Following the merger, Jefferies upgraded the rating for Tilray from Underperform to Buy, while raising the price target from $4.77 to $23.Jazz Pharmaceuticals(NASDAQ:JAZZ) finalized its acquisition of GW Pharmaceuticals plc.(NASDAQ:GWPH), the producer of the FDA‑approved prescription cannabidiol drug Epidiolex, for $7.2 billion or $6.7 billion net of GW Pharma's cash.Meanwhile,Ascend Wellness Holdings(CSE:AAWH) started trading on the Canadian Securities exchange following a raise of approximately $80 million through an initial public offering of roughly 10 million shares of its Class A common stock at $8 per share.After two weeks of consolidating below resistance at the $1 level, shares of Reddit favorite Sundial Growers Inc. have resumed their downtrend.Credit Suisse Group AG(NYSE:CS) reportedly stopped handling transactions in shares of cannabis companies with U.S. operations and plans to refrain from holding cannabis stocks on behalf of its clients.The Swiss-based lender, which declined to give a statement, was among a handful of banks willing to buy and sell marijuana-related stocks and hold the shares as a custodian for clients in the United States. While it's not yet clear what impact this decision will have, Reuters reported the move has affected the sale of marijuana stocks in recent weeks.In fact, all major ETFs were down. Over the five trading days of this week:TheETFMG Alternative Harvest ETF(NYSE:MJ): lost 0.2%.The$AdvisorShares Pure Cannabis ETF(YOLO)$(NYSE:YOLO): tumbled 1.8%.TheAdvisorShares Pure US Cannabis ETF(NYSE:MSOS): shed 0.2% of its value.TheCannabis ETF(NYSE:THCX): dropped 3.4%.TheAmplify Seymour Cannabis ETF(NYSE:CNBS): was down 3.5%.TheSPDR S&P 500 ETF Trust(NYSE:SPY) closed the week up 1.21%.Policy, Science And DataIn New York, people gathered to celebrate cannabis legalization.“Last weekend's annual New York City cannabis parade brought out a who's who in politicians jockeying for position to be the one who wasalwayssupportive of legalizing cannabis. Ah-hem. Water under the bridge shall we say,” commented Debra Borchardt, CEO ofGreen Market Report. “With adult use cannabis sales likely to be legal by next year's parade, the people who attended were clearly in a celebratory mood. The New York market is expected to be the largest in the country and there were many small businesses working the crowd. There should be a Tinder app for social equity applicants to hook up with investors as there was a lot of talk about social equity applicants, but most have no money or very little.”In ColoradoGov. Jared Polis signed a bill that would expand access to medical cannabis for school children in need by removing obstacles to its administration.Financings And M&AJushi Holdings Inc.(CSE:JUSH) (OTC:JUSHF) finalized its purchase of a 93,000 sq. ft. facility operated by its subsidiary,Dalitso LLC, for around $22 million. The deal also includes nearly nine acres of surrounding land in Prince William County, Virginia.High Tide Inc.(TSXV:HITI) (OTCQB:HITIF) (FRA: 2LY) will acquire 80% ofFab Nutrition, LLC. (operating as FABCBD) for $20.64 million in stock and cash.MassRoots, Inc.(OTC:MSRT) is looking to acquireEmpire Services, Inc. for $14 million in a primarily stock-based transaction.Trulieve Cannabis Corp. (CSE:TRUL) (OTCQX:TCNNF) purchased West Virginia-basedMountaineer Holding LLCfor $6 million.Cansortium Inc.(CSE:TIUM), (OTCQB:CNTMF), doing business under the Fluent brand, exercised its right to regain up to the maximum of $5 million of convertible promissory notes, originally issued in the amount of $10 million in 2019.Green Thumb Industries Inc.(CSE:GTII) (OTCQX:GTBIF) will reach the Virginia market via its acquisition ofDharma Pharmaceuticals LLC.Earnings ReportsKiaro Holdings Corp.(TSXV:KO) reported record revenues of CA$17.1 million in 2021, representing a year-over-year increase of 230%. Same-store sales spiked 58% over the same period.Cansortium Inc.(CSE:TIUM) (OTCQB:CNTMF), which operates under the Fluent brand, announced its fourth-quarter and full-year 2020 financial results, with consolidated revenue of $14.7 million for the three months ending Dec. 31, up 54% year-over-year.Scotts Miracle-Gro (NYSE:SMG) reported that company-wide sales grew by 32% year-over-year reaching $1.83 billion in the second quarter. For the first half of fiscal 2021, the company reported sales of $2.58 billion, up by 47% from $1.75 billion in sales posted a year ago.Sales for the cannabis-focused Hawthorne segment climbed up to $363.8 million, representing a 66% year-over-year increase.Lowell Farms Inc.(CSE:LOWL) (OTCQX:LOWLF) generated $11 million in revenue during the first quarter of the 2021 fiscal year, representing an increase of 17% year-over-year.Cannabis REITInnovative Industrial Properties, Inc.(NYSE:IIPR) announced its total revenue increased by 103% year-over-year to $42.9 million in the first quarter of 2021. Net income for the same period was roughly $25.6 million, or $1.05 per diluted share, representing an annual growth of 122%.POSaBIT Systems Corporation(CSE:PBIT) (OTCQX:POSAF) reported its total revenue increased by 327% year-over-year, hitting roughly $3.06 million in the fourth quarter of 2020. Total revenue amounted to $7.82 million in 2020, representing an annual increase of 127%.Cronos Group Inc (NASDAQ: CRON) reported a Q1 adjusted EBITDA loss of $37.07 million, marginally up from $37.05 million reported a year ago. This slight increase in losses was primarily driven by the rise in sales and marketing costs due to brand development in the U.S. segment and an increase in R&D costs.Hemp cultivation and processing brandHempFlaxposted its full-year 2020 earnings report, with revenues of €14.5 million ($17.4 million), up 43% from 2019's $10.1 million. EBITDA increased 63% from 2019, totaling €1.8 million, marking the company's second profitable year. EBITDA margins increased to 12.7% from the previous year's 11.1%.Planet 13 Holdings Inc.(CSE:PLTH) (OTCQX:PLNHF) generated record sales in April of $10.7 million — almost as much as last year’s total second-quarter revenue of $10.8 million.Other NewsCanadian hospital Sunnybrook Health Sciences Centre and Avicana Inc(OTC:AVCNF) announced a partnership to provide medical cannabis products on-site through the Odette Cancer Centre Pharmacy.Orchid Ventures Inc(OTC:ORVRD) entered an exclusive licensing agreement with Gold Flora. Per the agreement, Gold Flora will be assuming all production, sales, and distribution of Orchid Essentials products throughout the state of California, and purchasing all hardware, packaging, and terpenes through PurTecDelivery Systems, a wholly-owned subsidiary of Orchid Ventures.“As one of the highest growth operators in the state, we are confident that Gold Flora's leadership and quality of their operations will accelerate Orchid's growth potential, further establishing the brand as a leader in the largest recreational cannabis market in the world, California,” Corey Mangold, CEO and chairman of Orchid Ventures, told Benzinga.Applied DNA Sciences, Inc.(NASDAQ:APDN) signed a new contract with the Defense Logistics Agency’s (DLA) Land and Maritime’s Product Test Center (PTC) with a maximal value of $1.04 million.MedMen Enterprises Inc(CSE:MMEN) (OTC:MMNFF) announced the opening of its first Miami Beach, Florida location.Tamerlane Tradinglaunched an online quality-verified marketplace for wholesale and bulk cannabis, calling the move the first and only cannabis marketplace of its kind in the world.“Our overall goal with the new online marketplace is to establish trust and transparency in the cannabis industry. By including quality verification and grading of cannabis product, wholesale buyers and suppliers will benefit,” said Jhavid Mohseni, CEO of Tamerlane Trading.Acreage Holdings, Inc.(CSE:ACRG) (OTC:ACRGF) andMedterra CBD, LLCare joining forces to develop a CBD-based collection of products.Sitka Hash Househas launched its handmade hashish-based products into the California market with manufacturing partner, Garden Society. Founded in 2012, Sitka claims 9 out of the top 10 hashish SKUs in Washington state.Sitka CEO Jeff Graham told Benzinga, “Interstate expansion offers us the opportunity to provide our original cannabis concentrates to new audiences. We are proud to enter California with the Garden Society as our manufacturer and HERBL as our distributor.”The Aster Farms team tracked their energy consumption, CO2e emissions, water use, solid waste as well as their hiring practices over the last year. The company now released its first annual Sustainability Report.“Sustainability is part of our company's DNA,” shared Aster Farms CEO and co-founder Julia Jacbonson. “From regenerative agriculture and recyclable packaging to inclusive hiring practices, we understand that sustainable farming is only part of the story.”“The cannabis industry is in a unique position to change the paradigm of what a successful company looks and feels like and what is considered most important,” she added.Newly released podcastHighly Unlikely,hosted by standup comedianAlex Gettlinand produced by Wikileaf, dives into the absurdity of the world we live in. Each episode features famed comedian guests losing their minds over some very real and strange facts while trying various new cannabis products.Canadian licensed cannabis producers and global markets will have access to time-tested, feminized, organic-certified cannabis seeds. This is thanks to a new partnership betweenHumboldt Seed CompanyandNymera,which will allow not only the production and sale of the seeds in Canada, but also the export of these genetics to other countries with legal cannabis markets around the world.This is the first time a cannabis seed is certified as organic.Calyxtannounced advancements in technology that will make it easier for scientists to bring advanced breeding into hemp. The company, an expert at improving crops like soybeans and wheat to produce more heart-healthy oil or higher fiber, announced its scientists have transformed hemp – an important step as the company can now engineer the hemp genome, unlocking capabilities to selectively breed and deliver improvements in hemp traits through advanced plant breeding like gene editing or even GM level engineering.“We were able to change the plants DNA and regenerate plants through tissue culture, thus accomplishing something that has been fairly elusive in hemp to date,\" said Travis Frey, Ph.D., chief technology officer of Calyxt. “By modernizing the hemp crop, we can now deliver traits that benefits both growers and consumers who are increasingly looking for plant-based and sustainable foods, materials, cosmeceuticals, nutraceuticals and more.\"Zelira Therapeutics Ltd(ASX:ZLD) (OTCQB:ZLDAF) launched its HOPE line of cannabis products in Washington DC. The product line, especially formulated for autism spectrum disorder (ASD) patients of all ages, is also available in Pennsylvania, Louisiana and Australia.“Since we first launched HOPE in the US, our long-term goal has been to make it accessible to ASD patients everywhere, and Washington DC's reciprocity allows us to take a huge step in that direction here in the US,” Dr. Oludare Odumosu, CEO of Zelira Therapeutics, told Benzinga. “The nation's capital is one of the most popular travel destinations, so we are thrilled to be able to offer HOPE there as a treatment option for ASD patients from around the country who travel to DC.”Cannabics Pharmaceuticals Inc.(OTCQB:CNBX), received a “Notice of Allowance” from the Mexican Patent and Trademark Office (IMPI) for a patent on a “System and method for high throughput screening of cancer cells.”Executive MovesCBD products distributor,Khode LLC., announced Tuesday it formed its first board of directors consisting of music artists, executives and CBD industry veterans, including Grammy award-winning artists and entrepreneurDJ Khaled, music executiveLenny S, CEO ofEndexx Corporation(OTC:EDXC)Todd Davis, andStephen HerronandRon CottingofCBD Unlimited, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":822,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":124406875,"gmtCreate":1624776496297,"gmtModify":1631887479442,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/124406875","repostId":"2146090006","repostType":4,"repost":{"id":"2146090006","kind":"highlight","pubTimestamp":1624755315,"share":"https://www.laohu8.com/m/news/2146090006?lang=&edition=full","pubTime":"2021-06-27 08:55","market":"us","language":"en","title":"5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2146090006","media":"Motley Fool","summary":"These growth and value stocks are begging to be bought by investors.","content":"<p>When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking the reins of <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) in the mid-1960s, Buffett's company has averaged an annual return of 20%. This works out to an aggregate gain of greater than 2,800,000% for its Class A shares.</p>\n<p>Although Buffett isn't perfect, he and his investing team have a knack for identifying attractively valued businesses that have clear competitive advantages. As we prepare to move into the second half of 2021, the following five Buffett stocks stand out as those that should be bought hand over fist.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1077c8372814d2b8150e933b4c608005\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>Amazon</h2>\n<p>Even though Buffett's investing lieutenants, Todd Combs and Ted Weschler, are the architects behind Berkshire Hathaway's stake in <b>Amazon</b> (NASDAQ:AMZN), it's arguably the Buffett stock that should be bought most aggressively ahead of the second half of the year.</p>\n<p>As most folks probably know, Amazon is an e-commerce juggernaut. Based on an April report from eMarketer, the company effectively controls $0.40 of every $1 spent online in the United States. It's also pivoted its online retail popularity into signing up more than 200 million people to its Prime program worldwide. The fees Amazon collects from Prime help it to undercut its competition on price. And it certainly doesn't hurt that Prime members tend to spend many multiples more than non-Prime shoppers during the course of the year.</p>\n<p>But it's the company's cloud infrastructure service, Amazon Web Services (AWS), that has truly budded into a star. Since the operating margins associated with cloud infrastructure are considerably higher than what Amazon nets from retail and advertising, AWS' growth is leading to a surge in operating cash flow. If investors were to continue to pay the midpoint of Amazon's operating cash flow multiple over the past decade, it could hit $10,000 a share by 2025.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b18b49b2b35da2fc49e0a83b883d1c22\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Bristol Myers Squibb</h2>\n<p>Pharmaceutical stocks are money machines, and none looks to be more attractive on a valuation basis than <b>Bristol Myers Squibb</b> (NYSE:BMY).</p>\n<p>One reason to be excited about this drug developer is its organic growth potential. Eliquis, which was co-developed with <b>Pfizer</b>, has blossomed into the world's leading oral anticoagulant, with sales expected to surpass $10 billion in 2021. Meanwhile, dozens of additional clinical trials are underway for cancer immunotherapy Opdivo, which generated $7 billion in sales last year. This offers plenty of opportunity to expand Opdivo's label and pump up its pricing power.</p>\n<p>Another reason Bristol Myers Squibb is such an intriguing stock is its November 2019 acquisition of cancer and immunology company Celgene. Buying Celgene brought the blockbuster multiple-myeloma drug Revlimid into the fold. Revlimid has sustainably grown its annual sales by a double-digit percentage for more than a decade, with label expansion, longer duration of use, and pricing power all playing a role. This key treatment, which topped $12 billion in sales last year, is protected from a full onslaught of generic competition until early 2026. That means Bristol Myers will be rolling in the dough for another five years, at minimum.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1b152e369d7c967dcbc926192ee888c1\" tg-width=\"700\" tg-height=\"531\"><span>Image source: Getty Images.</span></p>\n<h2>Mastercard</h2>\n<p>Everyone seems to be looking for the smartest recovery play from the pandemic. Payment processor <b>Mastercard</b> (NYSE:MA) might well be the safest way to take advantage of a steady uptick in consumer and enterprise spending.</p>\n<p>Mastercard isn't a cheap stock by any means -- at 36 times Wall Street's forward-year earnings consensus -- but it benefits from a simple numbers game. While economic contractions and recessions are inevitable, these periods of turbulence tend to be short-lived. By comparison, economic expansions often last many years. Buying into Mastercard allows investors to take full advantage of these long periods of economic expansion and robust spending. Plus, it doesn't hurt that Mastercard has the second-highest share of credit-card network purchase volume in the U.S., the leading market for consumption.</p>\n<p>Investors can also sleep easy with the understanding that Mastercard strictly sticks to payment facilitation. Even though some of its peers also lend, and are therefore able to generate interest income and fees during bull markets, Mastercard has avoided becoming a lender. It's something you'll truly appreciate when a recession strikes. Whereas most financial stocks will be forced to set aside capital to cover credit or loan delinquencies, Mastercard won't have to. This is a big reason it bounces back from recessions quicker than most financial stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e4e1a1fe028efa4c966b66ef2cd466f5\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Teva Pharmaceutical Industries</h2>\n<p>If you have an appetite for turnaround plays, brand-name and generic-drug developer <b>Teva Pharmaceutical Industries</b> (NYSE:TEVA) is the stock to buy hand over fist for the second half of 2021. Like Amazon, it's a stock that was added to Berkshire Hathaway's portfolio by either Combs or Weschler and not Buffett.</p>\n<p>While there's no denying that Teva has its fair share of hurdles to overcome, the company's turnaround-focused CEO, Kare Schultz, has been a blessing. Since taking the helm less than four years ago, Schultz has helped shave off more than $10 billion in net debt, and he's overseen the reduction of roughly $3 billion in annual operating expenses. There's more work to do to improve Teva's balance sheet, but the company is very clearly on much firmer ground than it was back in 2016-2017.</p>\n<p>Schultz also has the potential to play peacemaker for a number of outstanding lawsuits targeting Teva's role in the opioid crisis. If this litigation can be resolved with minimal cash outlay, Teva's valuation could soar. At just 4 times the company's projected earnings in 2021, Teva is about as cheap as a healthcare stock can get.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/44a30c4dfd6886a29e22d3c6558c3e56\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Bank of America</h2>\n<p>Lastly, bank stock <b>Bank of America</b> (NYSE:BAC) has the look of a company that can be confidently bought hand over fist for the second half of 2021.</p>\n<p>For much of the past decade, the Federal Reserve has kept interest rates at or near historic lows. That's meant less in the way of interest income for banks. But the latest update from the nation's central bank suggests that interest rates could begin creeping up in 2023, a year earlier than previously forecast. Bank of America is the most interest-sensitive money-center bank. According to its first-quarter investor presentation, BofA would generate $8.3 billion in net interest income on a 100-basis-point shift in the interest rate yield curve. Translation: Bank of America's profits should rocket higher beginning in 2023-2024.</p>\n<p>At the same time, BofA has done an outstanding job of controlling its costs and improving its operating efficiency. Investments in digitization have resulted in higher mobile app and digital banking use, which is allowing the company to consolidate some of its branches. Even with its shares at a 13-year high, Bank of America has plenty left in the tank.</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>5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n5 Buffett Stocks to Buy Hand Over Fist for the Second Half of 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/\">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","TEVA":"梯瓦制药","BRK.B":"伯克希尔B","MA":"万事达","BMY":"施贵宝","BAC":"美国银行","BRK.A":"伯克希尔"},"source_url":"https://www.fool.com/investing/2021/06/26/buffett-stocks-buy-hand-over-fist-second-half-2021/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146090006","content_text":"When Warren Buffett buys or sells a stock, Wall Street and retail investors tend to pay very close attention. That's because the Oracle of Omaha's track record is virtually unsurpassed. Since taking the reins of Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) in the mid-1960s, Buffett's company has averaged an annual return of 20%. This works out to an aggregate gain of greater than 2,800,000% for its Class A shares.\nAlthough Buffett isn't perfect, he and his investing team have a knack for identifying attractively valued businesses that have clear competitive advantages. As we prepare to move into the second half of 2021, the following five Buffett stocks stand out as those that should be bought hand over fist.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\nAmazon\nEven though Buffett's investing lieutenants, Todd Combs and Ted Weschler, are the architects behind Berkshire Hathaway's stake in Amazon (NASDAQ:AMZN), it's arguably the Buffett stock that should be bought most aggressively ahead of the second half of the year.\nAs most folks probably know, Amazon is an e-commerce juggernaut. Based on an April report from eMarketer, the company effectively controls $0.40 of every $1 spent online in the United States. It's also pivoted its online retail popularity into signing up more than 200 million people to its Prime program worldwide. The fees Amazon collects from Prime help it to undercut its competition on price. And it certainly doesn't hurt that Prime members tend to spend many multiples more than non-Prime shoppers during the course of the year.\nBut it's the company's cloud infrastructure service, Amazon Web Services (AWS), that has truly budded into a star. Since the operating margins associated with cloud infrastructure are considerably higher than what Amazon nets from retail and advertising, AWS' growth is leading to a surge in operating cash flow. If investors were to continue to pay the midpoint of Amazon's operating cash flow multiple over the past decade, it could hit $10,000 a share by 2025.\nImage source: Getty Images.\nBristol Myers Squibb\nPharmaceutical stocks are money machines, and none looks to be more attractive on a valuation basis than Bristol Myers Squibb (NYSE:BMY).\nOne reason to be excited about this drug developer is its organic growth potential. Eliquis, which was co-developed with Pfizer, has blossomed into the world's leading oral anticoagulant, with sales expected to surpass $10 billion in 2021. Meanwhile, dozens of additional clinical trials are underway for cancer immunotherapy Opdivo, which generated $7 billion in sales last year. This offers plenty of opportunity to expand Opdivo's label and pump up its pricing power.\nAnother reason Bristol Myers Squibb is such an intriguing stock is its November 2019 acquisition of cancer and immunology company Celgene. Buying Celgene brought the blockbuster multiple-myeloma drug Revlimid into the fold. Revlimid has sustainably grown its annual sales by a double-digit percentage for more than a decade, with label expansion, longer duration of use, and pricing power all playing a role. This key treatment, which topped $12 billion in sales last year, is protected from a full onslaught of generic competition until early 2026. That means Bristol Myers will be rolling in the dough for another five years, at minimum.\nImage source: Getty Images.\nMastercard\nEveryone seems to be looking for the smartest recovery play from the pandemic. Payment processor Mastercard (NYSE:MA) might well be the safest way to take advantage of a steady uptick in consumer and enterprise spending.\nMastercard isn't a cheap stock by any means -- at 36 times Wall Street's forward-year earnings consensus -- but it benefits from a simple numbers game. While economic contractions and recessions are inevitable, these periods of turbulence tend to be short-lived. By comparison, economic expansions often last many years. Buying into Mastercard allows investors to take full advantage of these long periods of economic expansion and robust spending. Plus, it doesn't hurt that Mastercard has the second-highest share of credit-card network purchase volume in the U.S., the leading market for consumption.\nInvestors can also sleep easy with the understanding that Mastercard strictly sticks to payment facilitation. Even though some of its peers also lend, and are therefore able to generate interest income and fees during bull markets, Mastercard has avoided becoming a lender. It's something you'll truly appreciate when a recession strikes. Whereas most financial stocks will be forced to set aside capital to cover credit or loan delinquencies, Mastercard won't have to. This is a big reason it bounces back from recessions quicker than most financial stocks.\nImage source: Getty Images.\nTeva Pharmaceutical Industries\nIf you have an appetite for turnaround plays, brand-name and generic-drug developer Teva Pharmaceutical Industries (NYSE:TEVA) is the stock to buy hand over fist for the second half of 2021. Like Amazon, it's a stock that was added to Berkshire Hathaway's portfolio by either Combs or Weschler and not Buffett.\nWhile there's no denying that Teva has its fair share of hurdles to overcome, the company's turnaround-focused CEO, Kare Schultz, has been a blessing. Since taking the helm less than four years ago, Schultz has helped shave off more than $10 billion in net debt, and he's overseen the reduction of roughly $3 billion in annual operating expenses. There's more work to do to improve Teva's balance sheet, but the company is very clearly on much firmer ground than it was back in 2016-2017.\nSchultz also has the potential to play peacemaker for a number of outstanding lawsuits targeting Teva's role in the opioid crisis. If this litigation can be resolved with minimal cash outlay, Teva's valuation could soar. At just 4 times the company's projected earnings in 2021, Teva is about as cheap as a healthcare stock can get.\nImage source: Getty Images.\nBank of America\nLastly, bank stock Bank of America (NYSE:BAC) has the look of a company that can be confidently bought hand over fist for the second half of 2021.\nFor much of the past decade, the Federal Reserve has kept interest rates at or near historic lows. That's meant less in the way of interest income for banks. But the latest update from the nation's central bank suggests that interest rates could begin creeping up in 2023, a year earlier than previously forecast. Bank of America is the most interest-sensitive money-center bank. According to its first-quarter investor presentation, BofA would generate $8.3 billion in net interest income on a 100-basis-point shift in the interest rate yield curve. Translation: Bank of America's profits should rocket higher beginning in 2023-2024.\nAt the same time, BofA has done an outstanding job of controlling its costs and improving its operating efficiency. Investments in digitization have resulted in higher mobile app and digital banking use, which is allowing the company to consolidate some of its branches. Even with its shares at a 13-year high, Bank of America has plenty left in the tank.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":132278622,"gmtCreate":1622095567766,"gmtModify":1634183871776,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/132278622","repostId":"1173192682","repostType":4,"repost":{"id":"1173192682","kind":"news","pubTimestamp":1622094560,"share":"https://www.laohu8.com/m/news/1173192682?lang=&edition=full","pubTime":"2021-05-27 13:49","market":"us","language":"en","title":"Apple: Strengths, Weaknesses, Opportunities And Threats","url":"https://stock-news.laohu8.com/highlight/detail?id=1173192682","media":"seekingalpha","summary":"I explore Apple using a Strengths, Weaknesses, Opportunities, and Threats  model.Strengths include the ecosystem, brand recognition and customer loyalty, and management and culture.Weaknesses include overreliance on iPhone revenue, declining global smartphone market share, and few successful product innovations over the last decade.Opportunities include AR & VR, Wearables market, and Autonomous Vehicles.Threats include litigation over App Store fees, smartphones and tablets becoming commodities,","content":"<p><b>Summary</b></p>\n<ul>\n <li>I explore Apple using a Strengths, Weaknesses, Opportunities, and Threats (SWOT) model.</li>\n <li>Strengths include the ecosystem, brand recognition and customer loyalty, and management and culture.</li>\n <li>Weaknesses include overreliance on iPhone revenue, declining global smartphone market share, and few successful product innovations over the last decade.</li>\n <li>Opportunities include AR &amp; VR, Wearables market, and Autonomous Vehicles.</li>\n <li>Threats include litigation over App Store fees, smartphones and tablets becoming commodities, and international economic and political risk.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/16c49eaff217b8bef82710b9d6fcce4d\" tg-width=\"1536\" tg-height=\"1022\" referrerpolicy=\"no-referrer\"><span>Photo by Ruslanshug/iStock via Getty Images</span></p>\n<p>I have a bachelor's degree in Finance and the other day I was thinking about my college courses. One of the projects that came to mind was a Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis. I remembered it was a project I enjoyed and a good way to summarize a company.</p>\n<p>I decided to do the project again, with none other than the biggest company in the world, Apple (AAPL). Due to the size of Apple, it has many SWOTs; therefore, I’ll cover the three that I think are most important from each category to make an assessment on the company.</p>\n<p><b>Strengths</b></p>\n<p><b>1) The Ecosystem</b></p>\n<p>This one probably won’t come as a surprise to those familiar with Apple (likely everybody). If you have one Apple product, it’s likely you have multiple Apple products and services. I mean, who do you know with just the iPhone and no other Apple products or services? And once you buy two or more Apple devices, there’s really no going back. The ecosystem is successful due to the ease of use of products and how well they integrate with each other and the services of the company.</p>\n<p>One of the most recent additions to the ecosystem and one of the most important is the M1 Macs. Not only does Apple not have to rely on Intel (INTC) anymore for processors but the performance and battery life is much better. The M1 Mac has been labeled as “reset” for the laptop industry where competitors need to recalibrate to keep up with Apple. That’s innovation.</p>\n<p><img src=\"https://static.tigerbbs.com/0d6c244e2d7b52b7593c70b160c7533c\" tg-width=\"856\" tg-height=\"740\"></p>\n<p>However, Apple hasn’t really been known for innovative products over the last decade except of course theAirPods and I’d argue the M1 processor. So how does it keep people in the ecosystem without truly being innovative? One way is by killing its competition.</p>\n<p>A recent example is Apple AirTag. They allow you to track devices that you place the AirTag in/on. But Bluetooth trackers are not new; companies including Tile have already made them. Nonetheless, AirTags have a massive advantage because their network isn’t just using the Tile app, it’s all the stuff on Apple’s Find My network (iPhones, iPads, Macs, etc.). Apple essentially plugged a feature into the iPhone and killed its competition. And this isnot the first timeand it won't be the last. Ask yourself, what are you going to use? A device that seamlessly integrates with your other Apple devices or go out of your way to buy a Tile Bluetooth tracker? I know my answer! That is truly the power of the ecosystem.</p>\n<p><b>2) Brand Recognition &amp; Customer Loyalty</b></p>\n<p>Apple is ranked as the world’s most valuable brand by multiple sources like&nbsp;Forbes&nbsp;and&nbsp;Brand Finance. No matter what corner of the world you are in, most people know about Apple. Apple is recognized world-wide but also demands loyalty due to the way it sells its products. Simon Sinek made the concept of starting with 'why' instead of 'what' popular through his Golden Circle concept. I usually start with coffee, but this makes more sense. If you’re not familiar with the concept, I recommend you&nbsp;take a look.</p>\n<p>From Apple’s famous&nbsp;“Think Different”&nbsp;campaign to its recent&nbsp;App Tracking Transparency ad, Apple is starting with why. They are not selling products but ideas:</p>\n<ul>\n <li><p>They challenge the status quo and believe in thinking differently. Don’t you want to think differently?</p></li>\n <li><p>They are proponents of privacy in a world where everyone wants to track you. Don’t you want privacy?</p></li>\n</ul>\n<p>But guess what? \"Privacy. That's iPhone.\" And once you buy an iPhone, the ecosystem pulls you into the rest of the products and services. Do they have the best phone product in the market?Not necessarily. Does it matter? Absolutely not. There’s no doubt the company’s customers are the&nbsp;most loyal&nbsp;in the industry and with more privacy features, I believe Apple will attract even more users to its ecosystem.</p>\n<p><b>3) Management and Culture</b></p>\n<p>It was hard to choose the 3rd biggest strength. I could have easily chosen the exceptional balance sheet or efficient R&amp;D spend but I believe the 3rd biggest strength is the management and culture of the company. Nothing is possible if the management and the culture of a company are not good enough.</p>\n<p>There’s no doubt Steve Jobs was a visionary leader but you have to give credit to Tim Cook. Imagine how hard it must have been to take over the company after Jobs. Under his leadership, Apple has transformed into a juggernaut not only focusing on the iPhone but expanding into Wearables, Services, and more all while building a strong corporate culture. There’s a reason the company is consistently ranked one of the best places to work year after year (#31 in 2021).</p>\n<p><img src=\"https://static.tigerbbs.com/3a80d0b9592974177a59c29c1235700b\" tg-width=\"763\" tg-height=\"175\"></p>\n<p><b>Weaknesses:</b></p>\n<p><b>1) Overreliance on iPhone Revenue</b></p>\n<p>Apple made $274B in revenue in 2020. However, 50% of that was from iPhone sales. Apple’s overreliance on its iPhone sales is one of its biggest weaknesses. It's hard to say that when the company made $137B in revenue from iPhones but the iPhone has particular sales cycles and revenue can be sporadic. If for some reason (economic, political, social, etc.) Apple can’t sell as many phones in a particular quarter or year, it will likely have a material impact on results.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0e75baadac7faf416acba2cf71754a87\" tg-width=\"631\" tg-height=\"394\"><span>Source - Author (using 10-K data)</span></p>\n<p>The company has recognized this over time and is changing. As I mentioned earlier, Apple has turned into a juggernaut by introducing other products over time and particularly through its Services and Wearables, Home, and Accessories categories, both of which now represent 20% and 11% of total revenue in 2020. And both are still showing healthy growth with Services growing 16% Year over Year (YoY) in 2020 and Wearables, Home, and Accessories growing 25% YoY.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/081a2ce7a02efa984236c69a0aa7c916\" tg-width=\"791\" tg-height=\"424\"><span>Source - Author (Using company filings)*Other Growth is equivalent to Wearables, Home, and Accessories</span></p>\n<p><b>2) Declining Global Smartphone Market Share</b></p>\n<p>Over the last 3 years, Apple’s global smartphone market share has stayed relatively flat while other carriers continue to take share. China is the world’s largest smartphone market and Apple has competed successfully with other carriers. However, as the market has matured, that has changed.</p>\n<img src=\"https://static.tigerbbs.com/f9be4fe463892bc557a1501cef652fce\" tg-width=\"727\" tg-height=\"696\">\n<table>\n <tbody>\n  <tr></tr>\n </tbody>\n</table>\n<p>Apple’s revenue growth continues to slow down in China due to rivals like Huawei, Xiaomi, OPPO, and Vivo who are able to manufacture high quality smartphones at cheaper prices than Apple. Not only that, but consumer preferences continue to evolve with many Chinese consumers preferring local brands to Apple. Whether this is a longer term trend or gets better depends on Apple's China strategy moving forward.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/298d033b8d4f752c80de9113a0e7b983\" tg-width=\"694\" tg-height=\"333\"><span>Source - Author (using company filings),Revenue in Billions</span></p>\n<p><b>3) Few Successful Product Innovations Introduced Over the Past Decade</b></p>\n<p>Apple has been considered one of the most innovative technology companies in the world but should it still be? I don’t particularly think so. At least, not when it comes to product innovation. The company has been known for releasing breakthrough products like the iPod, iPhone, and iPad. But over the last decade, only two innovative products come to mind:AirPods and the most recent M1 processor.</p>\n<p>Nonetheless, innovation isn’t just about product innovation. It can come in many forms. Some may consider what Apple has done with its ecosystem, services, or the recent App Tracking Transparency feature innovative. However, it’s still hard to deny that Apple needs to do more for product innovation to stay successful especially as hardware products become more commoditized.</p>\n<p><b>Opportunities</b></p>\n<p><b>1) Augmented and Virtual Reality</b></p>\n<p>There is no doubt Augmented and Virtual Reality (AR and VR) markets are poised to grow over the next decade. ARK Invest even added Virtual worlds as a new idea in their annual&nbsp;Big Ideas&nbsp;publication for 2021. Although VR is an opportunity for Apple, AR is even bigger. ARK is forecasting the AR smartphone and glasses market to reach approximately $130B in revenue by 2030.</p>\n<p><img src=\"https://static.tigerbbs.com/ed76f367c15fab01bde88dbaeafc48fd\" tg-width=\"685\" tg-height=\"473\"></p>\n<p>Apple currently has the world’s largest&nbsp;AR platform. The company has one of the best opportunities to capture this market with the introduction of the Apple headset and eventually Apple glasses. There have been&nbsp;rumours&nbsp;of the headset release sometime in 2022 and glasses release by 2025. It’s hard to say when this will happen, but it will with Apple touting AR and VR for a long time. Tim Cook believes “AR and ML will be key to delivering the right information to the right person at the right time.”</p>\n<p>There is tremendous competition in this space with the likes of Facebook (FB), Microsoft (MSFT), Snapchat (SNAP), and others all focusing on AR and VR in one way or another. For example, Snapchat recently announced&nbsp;new Spectacles&nbsp;and&nbsp;acquired&nbsp;AR display maker WaveOptics for $500M plus. Apple needs to be diligent about taking on this opportunity, but I believe they hold the advantage due to their ability to integrate the headset and glasses with their ecosystem of products and services.</p>\n<p><b>2) Wearables Market</b></p>\n<p>According to research done in September 2020 by IDC, the wearables market will grow at a compounded annual growth rate(CAGR)of 12.4% through 2024 with hearables leading the way and the watch coming in second.</p>\n<p><img src=\"https://static.tigerbbs.com/a96167a993b351734c5e1af39de9a2b2\" tg-width=\"990\" tg-height=\"316\"></p>\n<p>Here is how 2020 actually&nbsp;performed:</p>\n<ul>\n <li><p>Total shipments grew 28.4% to reach 445M YoY.</p></li>\n <li><p>Apple shipped 151M of all wearables with growth of 36% YoY.</p></li>\n <li><p>Apple market share of wearables reached 34% in 2020, increasing ~2 pts YoY.</p></li>\n <li><p>The second largest competitor (Xiaomi) has a market share of 11.5%.</p></li>\n</ul>\n<p>Apple is clearly the leader in this category and is growing at a brisk pace. They should continue to dominate this space and grow with the market especially as demand for&nbsp;health-related wearables&nbsp;continues to increase.</p>\n<p><b>3) Autonomous Vehicles?</b></p>\n<p>Although Apple’s potential venture into autonomous vehicles has been the buzz, I chose to put it last in the opportunities categories. Why? Well nobody knows if Apple will actually build an electric vehicle on its own, partner with a manufacturing company to provide software, or serve as a mobility company. Let’s explore each a bit further and what might be the best option.</p>\n<ul>\n <li><p>Apple builds its own electric vehicle: this would represent what Apple does best - using its own hardware and software and integrating the two to create an ecosystem. However, it could take decades to build an electric vehicle that is safe to use, requiring manufacturing, testing, and servicing.</p></li>\n <li><p>Apple partners with another manufacturer to provide software: there were&nbsp;initial reports&nbsp;of Apple partnering with Hyundai and Kia and now with LG. If Apple does partner with a car manufacturer that could significantly shorten the process of Apple bringing its own car to market. However, will other manufacturers let Apple control their manufactured product? We’ll have to see. There’s no doubt this is Apple’s bread and butter with the company already designing the types of microchips and sensors needed for autonomous vehicles.</p></li>\n <li><p>Apple serves as a mobility company: Self-driving taxi services are the future but arguably there’s no clear leader yet. The competition is intense with the likes of Google’s (GOOGL) Waymo and Amazon’s (AMZN) Zoox. However, this could be a&nbsp;realistic option&nbsp;for Apple to create something that it controls with the help of another automaker.</p></li>\n</ul>\n<p>No matter what route Apple takes, it’s hard to deny the opportunity ahead. We’ll have to wait and see if Apple can take advantage.</p>\n<p><b>Threats</b></p>\n<p><b>1) Litigation over App Store Fees</b></p>\n<p>Any Apple follower will know the company just wrapped up its trial against Epic Games over the 15% or 30% fee charged to app developers. No one knows whether the ruling will be in Apple’s favor or Epic Games. But it is fairly certain any decision will likely be challenged by either Apple or Epic Games and the issue could take a long time to resolve. If Apple is essentially ruled a monopoly, it could mean a couple of things:</p>\n<ul>\n <li><p>Loss of revenue if Apple loses out on the 15% or 30% commission. The cost of running the App Store could outweigh the profit.</p></li>\n <li><p>Apple lowers the commission. It’s hard to say what Apple would lower to if it had to, but it would have to be low enough to keep developers happy and high enough to keep shareholders happy.</p></li>\n <li><p>The company might have to enable third-party payment systems through the app store. They have argued they don’t allow that due to privacy and other concerns but this could be a potential possibility. Once again, Apple would miss out on its usual commission if users elect to use the third-party payment system. Apple could lose its users’ trust if anything goes wrong related to privacy.</p></li>\n</ul>\n<p>In addition to the above, there’s a couple of&nbsp;other possible outcomes. Whatever happens with the trial, it doesn’t seem like this is something that will go away easily. Apple will likely have to consider changes at some point.</p>\n<p><b>2) Smartphone and Tablets = Commodities</b></p>\n<p>What’s the biggest difference between Apple phones and tablets compared to other phones and tablets today? Software. To me, it’s the only major differentiator. Most of the other phones and tablets have similar or even better hardware than Apple phones but the iOS operating system and the ecosystem that comes with it is what differentiates the iPhone from other phones.</p>\n<p>In the U.S., the mobile operating system market is led by iOS with 59% market share. However, the global mobile operating system market is dominated by Android with 72.2% of market share as of April 2021.</p>\n<p><img src=\"https://static.tigerbbs.com/c828626f692e7156156f7072bfc6d721\" tg-width=\"1208\" tg-height=\"148\"></p>\n<p>If Android can close the quality and user experience gap with iOS, consumers could shift preferences to Android phones. However, that is a big if as the “walled gardens” of Apple are not easy to climb.</p>\n<p><b>3) International Economic and Political Risk</b></p>\n<p>To be honest, it was hard to come up with a 3rd major threat. The company doesn’t face many. However, Apple earned the majority (55%) of its 2020 revenue ($274B) from outside the U.S. Greater China, Japan, and Rest of Asia Pacific made up ~30% of the company’s revenue. With these countries comes greater economic and political risk than the likes of the U.S. and Europe. If anything negative were to happen, it could certainly have a sizable impact on Apple’s revenue.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/40dbd2f627cf0a07bafb5f5dcaafc8a6\" tg-width=\"537\" tg-height=\"393\"><span>Source - Author (using company filings)</span></p>\n<p><b>Wrapping Up</b></p>\n<p><img src=\"https://static.tigerbbs.com/3d12873c611dd2dbf1680800d941a863\" tg-width=\"869\" tg-height=\"569\" referrerpolicy=\"no-referrer\"></p>\n<p>I believe the strengths and opportunities outweigh the weaknesses and threats of Apple. To me, the company should be a cornerstone position in any long-term portfolio. Warren Buffett recently said trimming his Apple stake was&nbsp;probably a mistake. However, he still has&nbsp;~40%&nbsp;of his wealth in Apple. If one of the greatest investors of our time is happy holding Apple with such concentration, what's stopping you?</p>\n<p>Let me know in the comments what your view is, notably the following aspects:</p>\n<ul>\n <li><p>Do you think the strengths and opportunities of Apple outweigh the weaknesses and threats?</p></li>\n <li><p>Do you agree with the SWOTs chosen? If not, what would you change/add?</p></li>\n <li><p>Is there another company you’d like to see a SWOT analysis for?</p></li>\n</ul>","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>Apple: Strengths, Weaknesses, Opportunities And Threats</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple: Strengths, Weaknesses, Opportunities And Threats\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 13:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4431295-apple-strengths-weaknesses-opportunities-threats><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI explore Apple using a Strengths, Weaknesses, Opportunities, and Threats (SWOT) model.\nStrengths include the ecosystem, brand recognition and customer loyalty, and management and culture.\n...</p>\n\n<a href=\"https://seekingalpha.com/article/4431295-apple-strengths-weaknesses-opportunities-threats\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4431295-apple-strengths-weaknesses-opportunities-threats","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1173192682","content_text":"Summary\n\nI explore Apple using a Strengths, Weaknesses, Opportunities, and Threats (SWOT) model.\nStrengths include the ecosystem, brand recognition and customer loyalty, and management and culture.\nWeaknesses include overreliance on iPhone revenue, declining global smartphone market share, and few successful product innovations over the last decade.\nOpportunities include AR & VR, Wearables market, and Autonomous Vehicles.\nThreats include litigation over App Store fees, smartphones and tablets becoming commodities, and international economic and political risk.\n\nPhoto by Ruslanshug/iStock via Getty Images\nI have a bachelor's degree in Finance and the other day I was thinking about my college courses. One of the projects that came to mind was a Strengths, Weaknesses, Opportunities, and Threats (SWOT) analysis. I remembered it was a project I enjoyed and a good way to summarize a company.\nI decided to do the project again, with none other than the biggest company in the world, Apple (AAPL). Due to the size of Apple, it has many SWOTs; therefore, I’ll cover the three that I think are most important from each category to make an assessment on the company.\nStrengths\n1) The Ecosystem\nThis one probably won’t come as a surprise to those familiar with Apple (likely everybody). If you have one Apple product, it’s likely you have multiple Apple products and services. I mean, who do you know with just the iPhone and no other Apple products or services? And once you buy two or more Apple devices, there’s really no going back. The ecosystem is successful due to the ease of use of products and how well they integrate with each other and the services of the company.\nOne of the most recent additions to the ecosystem and one of the most important is the M1 Macs. Not only does Apple not have to rely on Intel (INTC) anymore for processors but the performance and battery life is much better. The M1 Mac has been labeled as “reset” for the laptop industry where competitors need to recalibrate to keep up with Apple. That’s innovation.\n\nHowever, Apple hasn’t really been known for innovative products over the last decade except of course theAirPods and I’d argue the M1 processor. So how does it keep people in the ecosystem without truly being innovative? One way is by killing its competition.\nA recent example is Apple AirTag. They allow you to track devices that you place the AirTag in/on. But Bluetooth trackers are not new; companies including Tile have already made them. Nonetheless, AirTags have a massive advantage because their network isn’t just using the Tile app, it’s all the stuff on Apple’s Find My network (iPhones, iPads, Macs, etc.). Apple essentially plugged a feature into the iPhone and killed its competition. And this isnot the first timeand it won't be the last. Ask yourself, what are you going to use? A device that seamlessly integrates with your other Apple devices or go out of your way to buy a Tile Bluetooth tracker? I know my answer! That is truly the power of the ecosystem.\n2) Brand Recognition & Customer Loyalty\nApple is ranked as the world’s most valuable brand by multiple sources like Forbes and Brand Finance. No matter what corner of the world you are in, most people know about Apple. Apple is recognized world-wide but also demands loyalty due to the way it sells its products. Simon Sinek made the concept of starting with 'why' instead of 'what' popular through his Golden Circle concept. I usually start with coffee, but this makes more sense. If you’re not familiar with the concept, I recommend you take a look.\nFrom Apple’s famous “Think Different” campaign to its recent App Tracking Transparency ad, Apple is starting with why. They are not selling products but ideas:\n\nThey challenge the status quo and believe in thinking differently. Don’t you want to think differently?\nThey are proponents of privacy in a world where everyone wants to track you. Don’t you want privacy?\n\nBut guess what? \"Privacy. That's iPhone.\" And once you buy an iPhone, the ecosystem pulls you into the rest of the products and services. Do they have the best phone product in the market?Not necessarily. Does it matter? Absolutely not. There’s no doubt the company’s customers are the most loyal in the industry and with more privacy features, I believe Apple will attract even more users to its ecosystem.\n3) Management and Culture\nIt was hard to choose the 3rd biggest strength. I could have easily chosen the exceptional balance sheet or efficient R&D spend but I believe the 3rd biggest strength is the management and culture of the company. Nothing is possible if the management and the culture of a company are not good enough.\nThere’s no doubt Steve Jobs was a visionary leader but you have to give credit to Tim Cook. Imagine how hard it must have been to take over the company after Jobs. Under his leadership, Apple has transformed into a juggernaut not only focusing on the iPhone but expanding into Wearables, Services, and more all while building a strong corporate culture. There’s a reason the company is consistently ranked one of the best places to work year after year (#31 in 2021).\n\nWeaknesses:\n1) Overreliance on iPhone Revenue\nApple made $274B in revenue in 2020. However, 50% of that was from iPhone sales. Apple’s overreliance on its iPhone sales is one of its biggest weaknesses. It's hard to say that when the company made $137B in revenue from iPhones but the iPhone has particular sales cycles and revenue can be sporadic. If for some reason (economic, political, social, etc.) Apple can’t sell as many phones in a particular quarter or year, it will likely have a material impact on results.\nSource - Author (using 10-K data)\nThe company has recognized this over time and is changing. As I mentioned earlier, Apple has turned into a juggernaut by introducing other products over time and particularly through its Services and Wearables, Home, and Accessories categories, both of which now represent 20% and 11% of total revenue in 2020. And both are still showing healthy growth with Services growing 16% Year over Year (YoY) in 2020 and Wearables, Home, and Accessories growing 25% YoY.\nSource - Author (Using company filings)*Other Growth is equivalent to Wearables, Home, and Accessories\n2) Declining Global Smartphone Market Share\nOver the last 3 years, Apple’s global smartphone market share has stayed relatively flat while other carriers continue to take share. China is the world’s largest smartphone market and Apple has competed successfully with other carriers. However, as the market has matured, that has changed.\n\n\n\n\n\n\nApple’s revenue growth continues to slow down in China due to rivals like Huawei, Xiaomi, OPPO, and Vivo who are able to manufacture high quality smartphones at cheaper prices than Apple. Not only that, but consumer preferences continue to evolve with many Chinese consumers preferring local brands to Apple. Whether this is a longer term trend or gets better depends on Apple's China strategy moving forward.\nSource - Author (using company filings),Revenue in Billions\n3) Few Successful Product Innovations Introduced Over the Past Decade\nApple has been considered one of the most innovative technology companies in the world but should it still be? I don’t particularly think so. At least, not when it comes to product innovation. The company has been known for releasing breakthrough products like the iPod, iPhone, and iPad. But over the last decade, only two innovative products come to mind:AirPods and the most recent M1 processor.\nNonetheless, innovation isn’t just about product innovation. It can come in many forms. Some may consider what Apple has done with its ecosystem, services, or the recent App Tracking Transparency feature innovative. However, it’s still hard to deny that Apple needs to do more for product innovation to stay successful especially as hardware products become more commoditized.\nOpportunities\n1) Augmented and Virtual Reality\nThere is no doubt Augmented and Virtual Reality (AR and VR) markets are poised to grow over the next decade. ARK Invest even added Virtual worlds as a new idea in their annual Big Ideas publication for 2021. Although VR is an opportunity for Apple, AR is even bigger. ARK is forecasting the AR smartphone and glasses market to reach approximately $130B in revenue by 2030.\n\nApple currently has the world’s largest AR platform. The company has one of the best opportunities to capture this market with the introduction of the Apple headset and eventually Apple glasses. There have been rumours of the headset release sometime in 2022 and glasses release by 2025. It’s hard to say when this will happen, but it will with Apple touting AR and VR for a long time. Tim Cook believes “AR and ML will be key to delivering the right information to the right person at the right time.”\nThere is tremendous competition in this space with the likes of Facebook (FB), Microsoft (MSFT), Snapchat (SNAP), and others all focusing on AR and VR in one way or another. For example, Snapchat recently announced new Spectacles and acquired AR display maker WaveOptics for $500M plus. Apple needs to be diligent about taking on this opportunity, but I believe they hold the advantage due to their ability to integrate the headset and glasses with their ecosystem of products and services.\n2) Wearables Market\nAccording to research done in September 2020 by IDC, the wearables market will grow at a compounded annual growth rate(CAGR)of 12.4% through 2024 with hearables leading the way and the watch coming in second.\n\nHere is how 2020 actually performed:\n\nTotal shipments grew 28.4% to reach 445M YoY.\nApple shipped 151M of all wearables with growth of 36% YoY.\nApple market share of wearables reached 34% in 2020, increasing ~2 pts YoY.\nThe second largest competitor (Xiaomi) has a market share of 11.5%.\n\nApple is clearly the leader in this category and is growing at a brisk pace. They should continue to dominate this space and grow with the market especially as demand for health-related wearables continues to increase.\n3) Autonomous Vehicles?\nAlthough Apple’s potential venture into autonomous vehicles has been the buzz, I chose to put it last in the opportunities categories. Why? Well nobody knows if Apple will actually build an electric vehicle on its own, partner with a manufacturing company to provide software, or serve as a mobility company. Let’s explore each a bit further and what might be the best option.\n\nApple builds its own electric vehicle: this would represent what Apple does best - using its own hardware and software and integrating the two to create an ecosystem. However, it could take decades to build an electric vehicle that is safe to use, requiring manufacturing, testing, and servicing.\nApple partners with another manufacturer to provide software: there were initial reports of Apple partnering with Hyundai and Kia and now with LG. If Apple does partner with a car manufacturer that could significantly shorten the process of Apple bringing its own car to market. However, will other manufacturers let Apple control their manufactured product? We’ll have to see. There’s no doubt this is Apple’s bread and butter with the company already designing the types of microchips and sensors needed for autonomous vehicles.\nApple serves as a mobility company: Self-driving taxi services are the future but arguably there’s no clear leader yet. The competition is intense with the likes of Google’s (GOOGL) Waymo and Amazon’s (AMZN) Zoox. However, this could be a realistic option for Apple to create something that it controls with the help of another automaker.\n\nNo matter what route Apple takes, it’s hard to deny the opportunity ahead. We’ll have to wait and see if Apple can take advantage.\nThreats\n1) Litigation over App Store Fees\nAny Apple follower will know the company just wrapped up its trial against Epic Games over the 15% or 30% fee charged to app developers. No one knows whether the ruling will be in Apple’s favor or Epic Games. But it is fairly certain any decision will likely be challenged by either Apple or Epic Games and the issue could take a long time to resolve. If Apple is essentially ruled a monopoly, it could mean a couple of things:\n\nLoss of revenue if Apple loses out on the 15% or 30% commission. The cost of running the App Store could outweigh the profit.\nApple lowers the commission. It’s hard to say what Apple would lower to if it had to, but it would have to be low enough to keep developers happy and high enough to keep shareholders happy.\nThe company might have to enable third-party payment systems through the app store. They have argued they don’t allow that due to privacy and other concerns but this could be a potential possibility. Once again, Apple would miss out on its usual commission if users elect to use the third-party payment system. Apple could lose its users’ trust if anything goes wrong related to privacy.\n\nIn addition to the above, there’s a couple of other possible outcomes. Whatever happens with the trial, it doesn’t seem like this is something that will go away easily. Apple will likely have to consider changes at some point.\n2) Smartphone and Tablets = Commodities\nWhat’s the biggest difference between Apple phones and tablets compared to other phones and tablets today? Software. To me, it’s the only major differentiator. Most of the other phones and tablets have similar or even better hardware than Apple phones but the iOS operating system and the ecosystem that comes with it is what differentiates the iPhone from other phones.\nIn the U.S., the mobile operating system market is led by iOS with 59% market share. However, the global mobile operating system market is dominated by Android with 72.2% of market share as of April 2021.\n\nIf Android can close the quality and user experience gap with iOS, consumers could shift preferences to Android phones. However, that is a big if as the “walled gardens” of Apple are not easy to climb.\n3) International Economic and Political Risk\nTo be honest, it was hard to come up with a 3rd major threat. The company doesn’t face many. However, Apple earned the majority (55%) of its 2020 revenue ($274B) from outside the U.S. Greater China, Japan, and Rest of Asia Pacific made up ~30% of the company’s revenue. With these countries comes greater economic and political risk than the likes of the U.S. and Europe. If anything negative were to happen, it could certainly have a sizable impact on Apple’s revenue.\nSource - Author (using company filings)\nWrapping Up\n\nI believe the strengths and opportunities outweigh the weaknesses and threats of Apple. To me, the company should be a cornerstone position in any long-term portfolio. Warren Buffett recently said trimming his Apple stake was probably a mistake. However, he still has ~40% of his wealth in Apple. If one of the greatest investors of our time is happy holding Apple with such concentration, what's stopping you?\nLet me know in the comments what your view is, notably the following aspects:\n\nDo you think the strengths and opportunities of Apple outweigh the weaknesses and threats?\nDo you agree with the SWOTs chosen? If not, what would you change/add?\nIs there another company you’d like to see a SWOT analysis for?","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":197620176,"gmtCreate":1621465140395,"gmtModify":1634189039195,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/197620176","repostId":"1103552481","repostType":4,"repost":{"id":"1103552481","kind":"news","pubTimestamp":1621428667,"share":"https://www.laohu8.com/m/news/1103552481?lang=&edition=full","pubTime":"2021-05-19 20:51","market":"us","language":"en","title":"3 Things to Watch for in the Fed Minutes Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1103552481","media":"Barrons","summary":"The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but inv","content":"<p>The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but investors should still keep an eye out for a few different themes.</p>\n<p>The minutes are due out at 2 p.m. today, and Fed watchers may face a greater challenge than usual in deciphering their significance:&nbsp; A lot has changed in the economy since the April 28-29 meeting. The ensuing weeks have brought a&nbsp;surprisingly weak jobs report&nbsp;and a&nbsp;stronger-than-expected consumer inflation report, for example.</p>\n<p>And unlike&nbsp;last month’s meeting, there wasn’t an attention-grabbing selloff in Treasuries to command officials’ attention. The steep climb in yields abated at the end of March, even as economic data showed and stronger price pressures in April.&nbsp;The 10-year yield has&nbsp;dropped to 1.64%&nbsp;from 1.74% on March 31.</p>\n<p>Yet the document may still provide some clues about the central bank’s views. And officials have provided more perspective on policy since the latest meeting as well. Notably, Fed Vice Chair Richard Clarida spoke at a conference on Monday and discussed some recent economic data points as well.</p>\n<p>Here’s what strategists expect out of the meeting today, and what Clarida said about the topics:</p>\n<p><b>“Attuned and Attentive” to “Transitory” Inflation?</b></p>\n<p>One popular line among Fed officials, including Fed Chair Jerome Powell, has been the assurance that this spring is expected to bring a “transitory” rise in inflation, mostly related to the reopening of the U.S. economy after the pandemic brought a sharp deceleration in activity last year.</p>\n<p>Mizuho economists Steven Ricchiuto and Alex Pelle wrote in a May 18 note that they expect “several mentions of ‘transitory’ price pressures” in the minutes. They also highlighted that many of the steepest increases in consumer prices in April were in sectors where demand had been hit most by the pandemic, such as hotels and airfares. “So far [that] validates the Fed’s thinking,” they added.</p>\n<p>Yet at Monday’s conference, Clarida seemed to be repeating a different type of assurance about inflation:&nbsp; That the central bank would be “attuned and attentive” to any data showing higher price pressures.</p>\n<p>“In the CPI report, [reopening] did clearly put upward pressure on prices. Now our baseline view is that most of this is likely to be transitory, but we have to be attuned and attentive to the incoming data,” he said. “[The] key element of our mandate is price stability and an important component of price stability is well-anchored inflation expectations. If we were to see upward pressure on prices or inflation that threatened to put inflation expectations higher, I have no doubt we would use our tools to address that situation.”</p>\n<p><b>Taper Timeline</b></p>\n<p>Investors will also be looking to see if the central bank provides any additional guidance on when it might start paring back its $120 billion in monthly bond purchases. Powell has said the Fed wants to make “substantial further progress” toward its goals of full employment and a long-term average of 2% inflation before it wants to pare down its purchases, but officials haven’t provided much additional guidance.</p>\n<p>Most on Wall Street expect the Fed to discuss longer-term plans to reduce, or taper, its purchases&nbsp;late this summer or during the fall. NatWest Markets said in a Monday note that it expects the Fed to start talking about tapering its purchases in September and actually start to reduce the pace of bond-buying next year.</p>\n<p>So any more detailed discussion in the latest meeting minutes could come as a surprise to investors and potentially matter for markets.</p>\n<p><b>Labor-Market Outlook</b></p>\n<p>One key factor that will determine the outlook for the Fed’s bond buying (and other accommodation) is the recovery in the labor market. And that remains up in the air, after the disappointing April jobs report.</p>\n<p>Still, there is a chance investors could find more context on one of their questions in the minutes:&nbsp; How much improvement will be enough for the Fed to start withdrawing accommodation? In other words, what does “substantial further progress” mean?</p>\n<p>Before the disappointing news on April’s labor market, most of Wall Street expected a strong month for jobs creation, another step toward the “string” of strong months of recovery that Powell had said was needed before the U.S. achieved “substantial further progress” toward the Fed’s goals. That may have prompted officials to discuss just how far along the recovery would need to go before the central bank could start stepping back.</p>\n<p>Clarida discussed the April employment report on Monday as well.</p>\n<p>“What the April employment report said to me is that the way we bring supply and demand into balance in the labor market, especially in the service sector, may take some time and may produce some upward pressure on prices as workers return to employment, so we have to be attuned and attentive to that data flow,” he said. “Per that April employment report, we have not made substantial further progress, but as the data comes in we as a committee will have to evaluate that, and ultimately make a judgment.”</p>\n<p>Ultimately, the importance of future labor-market data hints at the broader takeaway from the Fed’s meeting minutes:&nbsp; Coming months’ economic data may be the final arbiter of what the Fed does, and its plans to remove accommodation from markets and the economy. And the&nbsp;economic data has been so volatile&nbsp;during the reopening that the picture could change significantly by the time the Fed meets again in June.</p>\n<p>That means investors will have to hold tight for a while longer to get a sense of when the central bank plans to start stepping back.</p>\n<p>“We’re reluctant to call this an equilibrium of any sort – rather it’s much more likely to prove a temporary holding pattern as macro expectations are further refined,” wrote Ian Lyngen, strategist with BMO. “Clearly, we have more questions than answers.”</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>3 Things to Watch for in the Fed Minutes 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; 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\">\n3 Things to Watch for in the Fed Minutes Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 20:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/inflation-jobs-and-more-to-watch-for-in-todays-fed-minutes-release-51621421812?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but investors should still keep an eye out for a few different themes.\nThe minutes are due out at 2 p.m. ...</p>\n\n<a href=\"https://www.barrons.com/articles/inflation-jobs-and-more-to-watch-for-in-todays-fed-minutes-release-51621421812?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":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.barrons.com/articles/inflation-jobs-and-more-to-watch-for-in-todays-fed-minutes-release-51621421812?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103552481","content_text":"The Federal Reserve’s latest meeting minutes aren’t expected to make much of a splash today, but investors should still keep an eye out for a few different themes.\nThe minutes are due out at 2 p.m. today, and Fed watchers may face a greater challenge than usual in deciphering their significance:  A lot has changed in the economy since the April 28-29 meeting. The ensuing weeks have brought a surprisingly weak jobs report and a stronger-than-expected consumer inflation report, for example.\nAnd unlike last month’s meeting, there wasn’t an attention-grabbing selloff in Treasuries to command officials’ attention. The steep climb in yields abated at the end of March, even as economic data showed and stronger price pressures in April. The 10-year yield has dropped to 1.64% from 1.74% on March 31.\nYet the document may still provide some clues about the central bank’s views. And officials have provided more perspective on policy since the latest meeting as well. Notably, Fed Vice Chair Richard Clarida spoke at a conference on Monday and discussed some recent economic data points as well.\nHere’s what strategists expect out of the meeting today, and what Clarida said about the topics:\n“Attuned and Attentive” to “Transitory” Inflation?\nOne popular line among Fed officials, including Fed Chair Jerome Powell, has been the assurance that this spring is expected to bring a “transitory” rise in inflation, mostly related to the reopening of the U.S. economy after the pandemic brought a sharp deceleration in activity last year.\nMizuho economists Steven Ricchiuto and Alex Pelle wrote in a May 18 note that they expect “several mentions of ‘transitory’ price pressures” in the minutes. They also highlighted that many of the steepest increases in consumer prices in April were in sectors where demand had been hit most by the pandemic, such as hotels and airfares. “So far [that] validates the Fed’s thinking,” they added.\nYet at Monday’s conference, Clarida seemed to be repeating a different type of assurance about inflation:  That the central bank would be “attuned and attentive” to any data showing higher price pressures.\n“In the CPI report, [reopening] did clearly put upward pressure on prices. Now our baseline view is that most of this is likely to be transitory, but we have to be attuned and attentive to the incoming data,” he said. “[The] key element of our mandate is price stability and an important component of price stability is well-anchored inflation expectations. If we were to see upward pressure on prices or inflation that threatened to put inflation expectations higher, I have no doubt we would use our tools to address that situation.”\nTaper Timeline\nInvestors will also be looking to see if the central bank provides any additional guidance on when it might start paring back its $120 billion in monthly bond purchases. Powell has said the Fed wants to make “substantial further progress” toward its goals of full employment and a long-term average of 2% inflation before it wants to pare down its purchases, but officials haven’t provided much additional guidance.\nMost on Wall Street expect the Fed to discuss longer-term plans to reduce, or taper, its purchases late this summer or during the fall. NatWest Markets said in a Monday note that it expects the Fed to start talking about tapering its purchases in September and actually start to reduce the pace of bond-buying next year.\nSo any more detailed discussion in the latest meeting minutes could come as a surprise to investors and potentially matter for markets.\nLabor-Market Outlook\nOne key factor that will determine the outlook for the Fed’s bond buying (and other accommodation) is the recovery in the labor market. And that remains up in the air, after the disappointing April jobs report.\nStill, there is a chance investors could find more context on one of their questions in the minutes:  How much improvement will be enough for the Fed to start withdrawing accommodation? In other words, what does “substantial further progress” mean?\nBefore the disappointing news on April’s labor market, most of Wall Street expected a strong month for jobs creation, another step toward the “string” of strong months of recovery that Powell had said was needed before the U.S. achieved “substantial further progress” toward the Fed’s goals. That may have prompted officials to discuss just how far along the recovery would need to go before the central bank could start stepping back.\nClarida discussed the April employment report on Monday as well.\n“What the April employment report said to me is that the way we bring supply and demand into balance in the labor market, especially in the service sector, may take some time and may produce some upward pressure on prices as workers return to employment, so we have to be attuned and attentive to that data flow,” he said. “Per that April employment report, we have not made substantial further progress, but as the data comes in we as a committee will have to evaluate that, and ultimately make a judgment.”\nUltimately, the importance of future labor-market data hints at the broader takeaway from the Fed’s meeting minutes:  Coming months’ economic data may be the final arbiter of what the Fed does, and its plans to remove accommodation from markets and the economy. And the economic data has been so volatile during the reopening that the picture could change significantly by the time the Fed meets again in June.\nThat means investors will have to hold tight for a while longer to get a sense of when the central bank plans to start stepping back.\n“We’re reluctant to call this an equilibrium of any sort – rather it’s much more likely to prove a temporary holding pattern as macro expectations are further refined,” wrote Ian Lyngen, strategist with BMO. “Clearly, we have more questions than answers.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376907335,"gmtCreate":1619076886027,"gmtModify":1634288731084,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Feels too volatile","listText":"Feels too volatile","text":"Feels too volatile","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/376907335","repostId":"2129872922","repostType":4,"repost":{"id":"2129872922","kind":"highlight","pubTimestamp":1619076483,"share":"https://www.laohu8.com/m/news/2129872922?lang=&edition=full","pubTime":"2021-04-22 15:28","market":"us","language":"en","title":"Buy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says","url":"https://stock-news.laohu8.com/highlight/detail?id=2129872922","media":"MarketWatch","summary":"Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pull","content":"<p>Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/59ac349ba929df706908af2cc08474a4\" tg-width=\"1260\" tg-height=\"712\"><span>AFP VIA GETTY IMAGES</span></p>\n<p>Coinbase Global Inc. received yet another bullish endorsement from a Wall Street analyst on Wednesday, with Rosenblatt Securities analyst Sean Horgan expects the cryptocurrency exchange stands to be a \"long-term category leader.\"</p>\n<p>Horgan initiated coverage of Coinbase with a buy rating and a stock price target of $450, which is about 46% above current levels.</p>\n<p>That keeps it unanimous, as all six analysts surveyed by FactSet have the equivalent of buy ratings on Coinbase. The average price target is $509.00, which is more than double the $250 reference price established when the stock went public last week.</p>\n<p>The stock dropped 3.7% in morning trading Wednesday, to trade 5.9% below where it closed on its first day of trading on April 14 .</p>\n<p>Horgan said he was bullish on the long-term upside of Coinbase, as it is set to benefit from the growing adoption and acceptance of cryptocurrencies. He said he was more cautious for the short-term, however, as \"the stock faces downside risk from the drawdown in the price of crypto.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca969a8b8f33073bca39b20d25585859\" tg-width=\"1240\" tg-height=\"584\"><span>FACTSET</span></p>\n<p>Bitcoin was down 1.4% in morning trading Wednesday, and has shed 12.4% since closing at a record $63,434.45 on April 13, according to FactSet data. Despite the recent pullback, bitcoin has still climbed 91.6% year to date and soared 712.7% over the past 12 months. In comparison, the S&amp;P 500 index has gained 10.4% this year and rallied 51.5% over the past year.</p>\n<p>Last week, BTIG analyst Mark Palmer initiated coverage of Coinbase with a buy rating and $500 stock price target, saying he believed the crypto exchange will be the \"primary beneficiary\" of the increased adoption of bitcoin and other digital assets, especially be institutional investors.</p>\n<p>\"We believe [Coinbase] should be regarded as the market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers' behaviors and their adoption of new technology,\" Palmer wrote in a research note.</p>\n<p>Rosenblatt's Horgan said he believes it's \"reasonable\" to assume the potential for cryptocurrency market value to increase by about fivefold to the approximately $11 trillion market value of gold over the next years. He said Coinbase's current 11% share of the crypto market leaves it in \"pole position\" to capitalize on that growth.</p>\n<p>\"Crypto has reached an inflection point on its road to legitimacy, and we see this as a long-term disruptive trend that is only in its early innings,\" Horgan wrote in a note to clients. \"Net/net, we are buyers of [Coinbase's stock] as a long-term category leader and pure-play cryptocurrency stock.\"</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>Buy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nBuy Coinbase stock, as crypto has reached an ‘inflection point to legitimacy,’ analyst says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-22 15:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices\nAFP VIA GETTY IMAGES\nCoinbase Global Inc. received yet another bullish...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?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":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.marketwatch.com/story/buy-coinbase-stock-as-crypto-has-reached-an-inflection-point-to-legitimacy-analyst-says-11619013827?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129872922","content_text":"Rosenblatt's Horgan is bullish on long-term upside, but is more cautious near-term give risk of pullback in cryptocurrency prices\nAFP VIA GETTY IMAGES\nCoinbase Global Inc. received yet another bullish endorsement from a Wall Street analyst on Wednesday, with Rosenblatt Securities analyst Sean Horgan expects the cryptocurrency exchange stands to be a \"long-term category leader.\"\nHorgan initiated coverage of Coinbase with a buy rating and a stock price target of $450, which is about 46% above current levels.\nThat keeps it unanimous, as all six analysts surveyed by FactSet have the equivalent of buy ratings on Coinbase. The average price target is $509.00, which is more than double the $250 reference price established when the stock went public last week.\nThe stock dropped 3.7% in morning trading Wednesday, to trade 5.9% below where it closed on its first day of trading on April 14 .\nHorgan said he was bullish on the long-term upside of Coinbase, as it is set to benefit from the growing adoption and acceptance of cryptocurrencies. He said he was more cautious for the short-term, however, as \"the stock faces downside risk from the drawdown in the price of crypto.\"\nFACTSET\nBitcoin was down 1.4% in morning trading Wednesday, and has shed 12.4% since closing at a record $63,434.45 on April 13, according to FactSet data. Despite the recent pullback, bitcoin has still climbed 91.6% year to date and soared 712.7% over the past 12 months. In comparison, the S&P 500 index has gained 10.4% this year and rallied 51.5% over the past year.\nLast week, BTIG analyst Mark Palmer initiated coverage of Coinbase with a buy rating and $500 stock price target, saying he believed the crypto exchange will be the \"primary beneficiary\" of the increased adoption of bitcoin and other digital assets, especially be institutional investors.\n\"We believe [Coinbase] should be regarded as the market leader in a category characterized by rapid and apparently sustainable growth driven by significant changes in consumers' behaviors and their adoption of new technology,\" Palmer wrote in a research note.\nRosenblatt's Horgan said he believes it's \"reasonable\" to assume the potential for cryptocurrency market value to increase by about fivefold to the approximately $11 trillion market value of gold over the next years. He said Coinbase's current 11% share of the crypto market leaves it in \"pole position\" to capitalize on that growth.\n\"Crypto has reached an inflection point on its road to legitimacy, and we see this as a long-term disruptive trend that is only in its early innings,\" Horgan wrote in a note to clients. \"Net/net, we are buyers of [Coinbase's stock] as a long-term category leader and pure-play cryptocurrency stock.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819323791,"gmtCreate":1630035853113,"gmtModify":1704954974768,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Niceeee","listText":"Niceeee","text":"Niceeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/819323791","repostId":"1177482103","repostType":4,"isVote":1,"tweetType":1,"viewCount":296,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137304223,"gmtCreate":1622294616162,"gmtModify":1634102470052,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/137304223","repostId":"2138488778","repostType":4,"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134988973,"gmtCreate":1622200427092,"gmtModify":1634182922490,"author":{"id":"3575280267029660","authorId":"3575280267029660","name":"Cindypoonyw","avatar":"https://static.tigerbbs.com/b45818b9b1b80dfeb87d018927a22632","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575280267029660","authorIdStr":"3575280267029660"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/134988973","repostId":"1149102561","repostType":4,"repost":{"id":"1149102561","kind":"news","pubTimestamp":1622200152,"share":"https://www.laohu8.com/m/news/1149102561?lang=&edition=full","pubTime":"2021-05-28 19:09","market":"us","language":"en","title":"Here's how some traders are playing retail investing and fintech","url":"https://stock-news.laohu8.com/highlight/detail?id=1149102561","media":"cnbc.","summary":"Retail investing appAcorns is going public.The company said Thursday it will make its market debut v","content":"<div>\n<p>Retail investing appAcorns is going public.The company said Thursday it will make its market debut via a special purpose acquisition company merger with Pioneer Merger Group.Acorns is in an ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/28/retail-investing-and-fintech-heres-what-some-traders-are-doing.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's how some traders are playing retail investing and fintech</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\">\nHere's how some traders are playing retail investing and fintech\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-28 19:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/28/retail-investing-and-fintech-heres-what-some-traders-are-doing.html><strong>cnbc.</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Retail investing appAcorns is going public.The company said Thursday it will make its market debut via a special purpose acquisition company merger with Pioneer Merger Group.Acorns is in an ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/28/retail-investing-and-fintech-heres-what-some-traders-are-doing.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PACX":"Pioneer Merger Corp"},"source_url":"https://www.cnbc.com/2021/05/28/retail-investing-and-fintech-heres-what-some-traders-are-doing.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1149102561","content_text":"Retail investing appAcorns is going public.The company said Thursday it will make its market debut via a special purpose acquisition company merger with Pioneer Merger Group.Acorns is in an increasingly crowded retail investing and finance field, alongside Robinhood, no- and low-fee brokers TD Ameritrade and E-Trade and fintech stocks such asSquareandPayPal.CNBC's \"Trading Nation\" asked its traders on Thursday for how they play the space.John Petrides, portfolio manager at Tocqueville Asset Management, is backing the fintech space. He says trends in an already-growing space were accelerated during the pandemic.\"We think this entire theme has a long way to run,\" he said. \"One way to play it is throughFINX, which is the GlobalX fintech ETF, which holds a whole basket of these stocks that will benefit from this trade. Also if you want to get exposure to the crypto network infrastructure play, a lot of these companies have exposure to that as well.\"The FINX ETF, whichholds Square and PayPal among its top components, has fallen more than 3% this year. It has risen 44% over the past 12 months, though, outpacing theS&P 500.Bill Baruch, president of Blue Line Capital, likes one fintech play in particular.\"I own PayPal and Square but PayPal has some really great technicals right now. It's wedging up. It's held really good support. If it gets out above $260, it could really start to run and we could be back looking at $300,\" Baruch said.PayPal closed Thursday below $260. A move to $300 implies nearly 16% upside.Baruch also highlightsAlly Financial, which specializes in home loans and auto financing among other services.\"The stock itself is actually pretty cheap. It's cheaper than some of the traditional bank stocks and nowhere near some of the valuations of those fintech companies, but the stock has melted higher. I think we get to $61 here in the near term,\" he said.Ally has outperformed this year, rallying nearly 54%. It is up 194% over the past 12 months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}