Jack_Chen_qy的个人主页 - 老虎社区

Jack_Chen_qy

Jack_Chen_qy

暂无个人介绍

IP属地：未知

55关注

1粉丝

0主题

0勋章

2021-07-03

Nice

The Jobs Report Was Strong. Why Investors Should Be Skeptical.

2021-07-15

Nice

Electric vehicle stocks rally as Europe and China developments look favorable

2021-08-24

Nice

Apple: The $150 Struggle Is Real

2021-08-20

Sad

抱歉，原内容已删除

2021-07-23

Nice

Intel stock ticks lower as outlook barely clears Wall Street expectations following beat

2021-06-27

Nice

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

2021-08-03

What does this means??

抱歉，原内容已删除

2021-07-10

Nice

抱歉，原内容已删除

2021-07-03

Nice

5 of the Best Tech Stocks to Buy for July

2021-08-29

Nice

This Unloved Tech Stock Could Make You Rich One Day

2021-07-29

Nice

PayPal: Looking Beyond eBay's Impact

2021-07-22

Nice

Toplines Before US Market Open on Thursday

2021-07-14

Ok

抱歉，原内容已删除

2021-06-22

Interesting

Krispy Kreme eyes near $4 bln valuation in U.S. IPO

2021-06-21

Like

抱歉，原内容已删除

2021-08-17

Nice

FuboTV: Continued Progress On The March To Profitability

2021-07-12

Nice

抱歉，原内容已删除

2021-07-12

Nice

抱歉，原内容已删除

2021-06-27

Singtel is good?

2021-06-27

Hmm

Ford Or NIO? The Final Verdict

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3576899111877903","uuid":"3576899111877903","gmtCreate":1613866174233,"gmtModify":1623639039873,"name":"Jack_Chen_qy","pinyin":"jackchenqyjackchenqy","introduction":"","introductionEn":"","signature":"","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":1,"headSize":55,"tweetSize":43,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"228c86a078844d74991fff2b7ab2428d-1","templateUuid":"228c86a078844d74991fff2b7ab2428d","name":"投资经理虎","description":"证券账户累计交易金额达到10万美元","bigImgUrl":"https://static.tigerbbs.com/c8dfc27c1ee0e25db1c93e9d0b641101","smallImgUrl":"https://static.tigerbbs.com/f43908c142f8a33c78f5bdf0e2897488","grayImgUrl":"https://static.tigerbbs.com/82165ff19cb8a786e8919f92acee5213","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"60.91%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.07.09","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.05.10","exceedPercentage":"60.09%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":4,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":3,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":862442398,"gmtCreate":1632906294487,"gmtModify":1632906294600,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/862442398","repostId":"2170906606","repostType":4,"repost":{"id":"2170906606","kind":"highlight","pubTimestamp":1632905947,"share":"https://www.laohu8.com/m/news/2170906606?lang=&edition=full","pubTime":"2021-09-29 16:59","market":"us","language":"en","title":"3 Growth Stocks That Can Help You Retire Early","url":"https://stock-news.laohu8.com/highlight/detail?id=2170906606","media":"Motley Fool","summary":"Not only are they growing and profitable businesses, but they also pay dividends.","content":"<p>According to a recent CNBC survey, younger generations are planning to retire earlier than baby boomers, who said their expected retirement age was 68. Millennials (that's Generation Y) are looking to retire by 59, nearly a decade earlier. If you share that ambitious goal, <a href=\"https://laohu8.com/S/AONE.U\">one</a> way you can improve your odds for early retirement is by investing and building up your savings over the years.</p>\n<p>Three stocks that can be pillars for your portfolio -- likely to rise in value over time while also paying a dividend -- are <b>Eli Lilly&nbsp;</b>(NYSE:LLY), <b>Starbucks&nbsp;</b>(NASDAQ:SBUX), and <b><a href=\"https://laohu8.com/S/V\">Visa</a>&nbsp;</b>(NYSE:V).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3987dbb5bbad9f31a83d404c2d066603\" tg-width=\"700\" tg-height=\"467\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<h2>1. Eli Lilly</h2>\n<p>Drugmaker Eli Lilly has a solid business that has generated an annual operating profit of at least 25% in each of the past three years. And for the first six months of 2021, the company reported revenue of $13.5 billion, up 19% from the same period last year. A number of Eli Lilly's drugs have experienced year-to-date growth of more than 20%, including its top-selling diabetes drug, Trulicity. While the company got a boost from COVID-19-related sales too, overall revenue would still have been up 11% without it.</p>\n<p>Eli Lilly's numbers could get even stronger in the not-too-distant future. The company plans to submit its Alzheimer's drug, donanemab, to the U.S. Food and Drug Administration for approval later this year -- and it could be available to patients as early as next year. Peak annual sales for a drug that is effective against the disease could top $10 billion.</p>\n<p>There's a lot to like about Eli Lilly's business, which has proven to be adaptable during COVID-19 and still has more growth opportunities. Its 1.5% dividend yield is just the icing on top. While not huge, it's more than the <b>S&amp;P 500</b>'s 1.3% yield. Eli Lilly could be an ideal healthcare stock to build your portfolio around for the long haul.</p>\n<h2>2. Starbucks</h2>\n<p>A favorite consumer goods stock of mine is Starbucks. Sure, its business revolves around selling coffee and has lots of competition, but its brand resonates with customers, who are willing to spend a premium for its products. That allows the business to continue to generate strong results even though there are cheaper options out there. That brand loyalty is hard to attain and is part of the reason it's an excellent long-term buy.</p>\n<p>Although sales were down 11% in fiscal 2020 due to store closures, the business has come roaring back. For the latest quarter ended June 27, sales were up an incredible 78% to $7.5 billion. That was largely due to the weak comparable from a year ago. Meanwhile, its loyalty rewards program in the U.S. saw a 48% year-over-year increase in 90-day active members, to 24.2 million. Management says that those members make up 51% of all spending across its U.S. stores.</p>\n<p>In a word, it comes back to loyalty. Loyal customers are responsible for the business and its phenomenal results. And the company provides rewards for loyal investors: a dividend that yields 1.6%, which is the highest on this list. For buy-and-hold investors, Starbucks is a stock that should be near or at the top of your list.</p>\n<h2>3. Visa</h2>\n<p>Visa is another top brand. The credit card company has a strong business that benefits whether people are spending money online or in stores. Its profit margins have been at least half the company's revenue in each of the past three fiscal years.</p>\n<p>Like Starbucks, the company saw a big boost in revenue in its latest quarter, which ended June 30. Sales were up 27% to $6.1 billion over the year-ago period. The company acknowledged that comparisons to the previous year were affected by COVID-19 when consumers' buying options were limited. However, even when compared to the first three months of 2021, sales were still up 7%.</p>\n<p>What makes the business even more potentially attractive is its partnership with crypto lending company BlockFi) to offers a <b>Bitcoin</b> (CRYPTO:BTC)&nbsp;rewards credit card. That's sure to appeal to legions of Bitcoin fans. The danger, of course, is that those rewards could fluctuate in value as Bitcoin has soared as high as $64k and been as low as $10k over the past 12 months.</p>\n<p>Overall, Visa is another buy-and-forget investment you can safely store in your portfolio for years. While its yield of 0.6% is the lowest on this list, the company has more than doubled its payouts in five years, and so that dividend could look a whole lot better in the future.</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 Growth Stocks That Can Help You Retire Early</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 Growth Stocks That Can Help You Retire Early\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-29 16:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/28/3-growth-stocks-that-can-help-you-retire-early/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>According to a recent CNBC survey, younger generations are planning to retire earlier than baby boomers, who said their expected retirement age was 68. Millennials (that's Generation Y) are looking to...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/28/3-growth-stocks-that-can-help-you-retire-early/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克","V":"Visa","LLY":"礼来"},"source_url":"https://www.fool.com/investing/2021/09/28/3-growth-stocks-that-can-help-you-retire-early/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2170906606","content_text":"According to a recent CNBC survey, younger generations are planning to retire earlier than baby boomers, who said their expected retirement age was 68. Millennials (that's Generation Y) are looking to retire by 59, nearly a decade earlier. If you share that ambitious goal, one way you can improve your odds for early retirement is by investing and building up your savings over the years.\nThree stocks that can be pillars for your portfolio -- likely to rise in value over time while also paying a dividend -- are Eli Lilly (NYSE:LLY), Starbucks (NASDAQ:SBUX), and Visa (NYSE:V).\nImage source: Getty Images.\n1. Eli Lilly\nDrugmaker Eli Lilly has a solid business that has generated an annual operating profit of at least 25% in each of the past three years. And for the first six months of 2021, the company reported revenue of $13.5 billion, up 19% from the same period last year. A number of Eli Lilly's drugs have experienced year-to-date growth of more than 20%, including its top-selling diabetes drug, Trulicity. While the company got a boost from COVID-19-related sales too, overall revenue would still have been up 11% without it.\nEli Lilly's numbers could get even stronger in the not-too-distant future. The company plans to submit its Alzheimer's drug, donanemab, to the U.S. Food and Drug Administration for approval later this year -- and it could be available to patients as early as next year. Peak annual sales for a drug that is effective against the disease could top $10 billion.\nThere's a lot to like about Eli Lilly's business, which has proven to be adaptable during COVID-19 and still has more growth opportunities. Its 1.5% dividend yield is just the icing on top. While not huge, it's more than the S&P 500's 1.3% yield. Eli Lilly could be an ideal healthcare stock to build your portfolio around for the long haul.\n2. Starbucks\nA favorite consumer goods stock of mine is Starbucks. Sure, its business revolves around selling coffee and has lots of competition, but its brand resonates with customers, who are willing to spend a premium for its products. That allows the business to continue to generate strong results even though there are cheaper options out there. That brand loyalty is hard to attain and is part of the reason it's an excellent long-term buy.\nAlthough sales were down 11% in fiscal 2020 due to store closures, the business has come roaring back. For the latest quarter ended June 27, sales were up an incredible 78% to $7.5 billion. That was largely due to the weak comparable from a year ago. Meanwhile, its loyalty rewards program in the U.S. saw a 48% year-over-year increase in 90-day active members, to 24.2 million. Management says that those members make up 51% of all spending across its U.S. stores.\nIn a word, it comes back to loyalty. Loyal customers are responsible for the business and its phenomenal results. And the company provides rewards for loyal investors: a dividend that yields 1.6%, which is the highest on this list. For buy-and-hold investors, Starbucks is a stock that should be near or at the top of your list.\n3. Visa\nVisa is another top brand. The credit card company has a strong business that benefits whether people are spending money online or in stores. Its profit margins have been at least half the company's revenue in each of the past three fiscal years.\nLike Starbucks, the company saw a big boost in revenue in its latest quarter, which ended June 30. Sales were up 27% to $6.1 billion over the year-ago period. The company acknowledged that comparisons to the previous year were affected by COVID-19 when consumers' buying options were limited. However, even when compared to the first three months of 2021, sales were still up 7%.\nWhat makes the business even more potentially attractive is its partnership with crypto lending company BlockFi) to offers a Bitcoin (CRYPTO:BTC) rewards credit card. That's sure to appeal to legions of Bitcoin fans. The danger, of course, is that those rewards could fluctuate in value as Bitcoin has soared as high as $64k and been as low as $10k over the past 12 months.\nOverall, Visa is another buy-and-forget investment you can safely store in your portfolio for years. While its yield of 0.6% is the lowest on this list, the company has more than doubled its payouts in five years, and so that dividend could look a whole lot better in the future.","news_type":1},"isVote":1,"tweetType":1,"viewCount":422,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":813237895,"gmtCreate":1630204147517,"gmtModify":1704956980811,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813237895","repostId":"1129129956","repostType":4,"repost":{"id":"1129129956","kind":"news","pubTimestamp":1630201285,"share":"https://www.laohu8.com/m/news/1129129956?lang=&edition=full","pubTime":"2021-08-29 09:41","market":"us","language":"en","title":"This Unloved Tech Stock Could Make You Rich One Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1129129956","media":"Motley Fool","summary":"The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company  merger. In a race to disrupt residential ","content":"<p>Key Points</p>\n<ul>\n <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>\n <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>\n <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li>\n</ul>\n<p></p>\n<p>Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p>\n<p>Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p>\n<h3>1. Opendoor is winning the iBuying battle</h3>\n<p>The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p>\n<p>Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p>\n<p>After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p>\n<p>According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p>\n<h3>2. Revenue growth is ahead of schedule</h3>\n<p>When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p>\n<p>Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p>\n<p>In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p>\n<h3>3. SPACs are out of favor with the market... opportunity?</h3>\n<p>Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p>\n<p>Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p>\n<p>But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p>\n<p>Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p>\n<h3>Here's the bottom line</h3>\n<p>Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p>\n<p></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>This Unloved Tech Stock Could Make You Rich One Day</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\">\nThis Unloved Tech Stock Could Make You Rich One Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-29 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPEN":"Opendoor Technologies Inc"},"source_url":"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129129956","content_text":"Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.\n\n\nReal estate iBuying company Opendoor Technologies(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.\nDespite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.\n1. Opendoor is winning the iBuying battle\nThe traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.\nOpendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.\nAfter seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including Zillow Group and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.\nAccording to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.\n2. Revenue growth is ahead of schedule\nWhen companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.\nFast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"\nIn other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.\n3. SPACs are out of favor with the market... opportunity?\nInvestors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.\nInvestors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.\nBut if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.\nCompetitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.\nHere's the bottom line\nReal estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"Amazon\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834122400,"gmtCreate":1629782191500,"gmtModify":1633682462032,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834122400","repostId":"1104413070","repostType":4,"repost":{"id":"1104413070","kind":"news","pubTimestamp":1629776596,"share":"https://www.laohu8.com/m/news/1104413070?lang=&edition=full","pubTime":"2021-08-24 11:43","market":"us","language":"en","title":"Apple: The $150 Struggle Is Real","url":"https://stock-news.laohu8.com/highlight/detail?id=1104413070","media":"seekingalpha","summary":"Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY","content":"<p>Summary</p>\n<ul>\n <li>Apple is struggling to push past a ceiling on the stock at $150.</li>\n <li>5G iPhone units sold in FY21 so far make for a high hurdle in FY22.</li>\n <li>The stock trades at an insanely 27x FY22 EPS estimates with minimal growth rates going forward.</li>\n <li>Looking for a helping hand in the market? Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate.</li>\n</ul>\n<p>The COVID-19 work-from-home economy of 2020 provided a massive boost to technology companies that won't repeat over the next year.<b>Apple</b>(AAPL) was one of the biggest beneficiaries of forced technology spending over the last year with workers and students needing more computing power at home. My&nbsp;investment thesis&nbsp;is Bearish with the stock pressing towards all-time highs at $150 while business growth is decelerating.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2833adb73160ceb3c63fe72432275f37\" tg-width=\"990\" tg-height=\"400\" referrerpolicy=\"no-referrer\"><span>Source:FinViz</span></p>\n<p><b>Recency Bias</b></p>\n<p>One of the biggest mistakes made in the stock market is recency bias. An investor will naturally overweight the recent results of a business in deriving the correct current valuation for an equity.</p>\n<p>The current stock price is a prime example for Apple. The tech. giant has a huge history of growing over time, but Apple has also had a couple of periods in the last decade where revenues declined.</p>\n<p>The recent accelerated growth and shift to recurring services shouldn't alter one's view that Apple is still product-focused and will constantly run into down cycles. Investors must consider these likely outcomes when valuing the stock, but the current valuation is based on a recency bias of elevated growth in the last year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c80ba648538a7ec2481f78d288a21089\" tg-width=\"635\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>Data byYCharts</span></p>\n<p>Even after another sterling quarter, analyst estimates are still forecasting a period of up to 4 years where Apple doesn't generate revenue growth in excess of 6%. TheFQ3'21 resultswere blow away numbers with revenues topping $80 billion and beating estimates by over $8 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f6e1270cfc2e38d684e537fbccbca74f\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: Seeking Alphaearnings estimates</span></p>\n<p>The problem is that Apple had a nearly perfect quarter. The company admitted that Services revenue won't repeat the 33% growth in the June quarter and these tough comps are problematic for growth in future periods. Investors should easily understand that any growth after reporting a year with 33% growth is impressive, but some post covid slowdowns shouldn't be surprising.</p>\n<p>Right now though, Apple is still priced for excessive growth. A lot of the stock price gains in the last few years are attributed all to expanding P/E multiples. One only has to go back to 2016 for when Apple only traded at 10x trailing earnings. The stock now trades at nearly 30x trailing earnings, or nearly 3x the multiple from just 5 years ago.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81f37f5c091cf6d63d100cf23afd6d94\" tg-width=\"635\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Data byYCharts</span></p>\n<p>If Apple only traded at 15x trailing earnings, the stock would trade closer to $75, not $150. For this reason, the stock has struggled to break above $150 for a while now.</p>\n<p>While the market forecasts 3% revenue growth for FY22, Citi analyst Wamsi Mohanmade it clearreal risk exists for Apple to actually report revenue and gross profit dollars down YoY in the first 3 quarters of the fiscal year:</p>\n<blockquote>\n Apple could be faced with the dual headwinds of tougher comps and weaker demand in Hardware only modestly offset by any Services re-acceleration. Revenue growth for F4Q was guided lower than the 36% y/y growth in F3Q, but the upcoming Dec, March and now even June quarters could be down y/y in revs and gross profit dollars given several headwinds.\n</blockquote>\n<p><b>iPhone 5G Cycle</b></p>\n<p>History tells us that Apple regularly has these product cycles and covid lockdowns should accelerate the likelihood of a future quarter with trough numbers. In addition, the 5G iPhone cycle should advance these normal cycles with sales pushed from the normal quarter into the December quarter last year. Normal sales for the iPhone 13 in the September quarter will accelerate the tough comps in the December quarter and on into FY22.</p>\n<p>TheCounterpoint chart&nbsp;highlights how the iPhone 12/5G cycle has elevated sales to a level where Apple faces tough comps in FY22. Not only were FQ1'21 sales elevated, but the FQ2'21/FQ3'21 units sold were far in excess of the prior two years.<img src=\"https://static.tigerbbs.com/df98a198f9efe54054ca28995635b11c\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\"></p>\n<p>No real explanation exists for higher sales other than covid demand pulled forward and the 5G cycle. Even normal market growth wouldn't lead to unit sales surging somewhere in the 50% range for the March and June quarters from prior-year levels.</p>\n<p>Investors really have to question whether Apple can sell over 60 million units again in the March quarter and another 50 million units in the June quarter. Even selling iPhones at higher ASPs might not be enough to offset some declines in units sold.</p>\n<p>The crazy part here is that historical norms support Apple reporting some tough comps in the next year and going on to substantial growth in the next decade. The company has Services revenues up to $17.5 billion in quarterly sales accounting for some 21% of sales for the first 9 months of FY21.</p>\n<p>Apple is poised to roll these recurring revenues into more consistent growth, but the growth rates will be as annual revenues top $400 billion. Without the recency bias of the last year, investors would understand this concept and appropriately value the stock at a more normal valuation of ~15x future earnings.</p>\n<p>If the tech giant earns $5.92 in even FY23, the stock would only trade at $89 using a 15x multiple. Remember, one would normally question whether Apple even deserves a 15x forward multiple when earnings are only forecast to grow at a 5% clip in FY23. A stock usually struggles to trade at forward P/E multiples of 2x the growth rate, not 3x the growth rate.</p>\n<p><b>Takeaway</b></p>\n<p>The key investor takeaway is that investors should clearly understand why Apple is struggling to push beyond $150. The stock is already insanely expensive for the normalized growth rates going forward and the real risk that the tech giant actually reports a few quarters where revenues decline.</p>\n<p>Investors should be selling Apple at $150, not looking to buy even more shares at a price where the annualized returns should be weak.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: The $150 Struggle Is Real</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: The $150 Struggle Is Real\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451389-apple-the-150-struggle-is-real><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY21 so far make for a high hurdle in FY22.\nThe stock trades at an insanely 27x FY22 EPS estimates ...</p>\n\n<a href=\"https://seekingalpha.com/article/4451389-apple-the-150-struggle-is-real\">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/4451389-apple-the-150-struggle-is-real","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104413070","content_text":"Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY21 so far make for a high hurdle in FY22.\nThe stock trades at an insanely 27x FY22 EPS estimates with minimal growth rates going forward.\nLooking for a helping hand in the market? Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate.\n\nThe COVID-19 work-from-home economy of 2020 provided a massive boost to technology companies that won't repeat over the next year.Apple(AAPL) was one of the biggest beneficiaries of forced technology spending over the last year with workers and students needing more computing power at home. My investment thesis is Bearish with the stock pressing towards all-time highs at $150 while business growth is decelerating.\nSource:FinViz\nRecency Bias\nOne of the biggest mistakes made in the stock market is recency bias. An investor will naturally overweight the recent results of a business in deriving the correct current valuation for an equity.\nThe current stock price is a prime example for Apple. The tech. giant has a huge history of growing over time, but Apple has also had a couple of periods in the last decade where revenues declined.\nThe recent accelerated growth and shift to recurring services shouldn't alter one's view that Apple is still product-focused and will constantly run into down cycles. Investors must consider these likely outcomes when valuing the stock, but the current valuation is based on a recency bias of elevated growth in the last year.\nData byYCharts\nEven after another sterling quarter, analyst estimates are still forecasting a period of up to 4 years where Apple doesn't generate revenue growth in excess of 6%. TheFQ3'21 resultswere blow away numbers with revenues topping $80 billion and beating estimates by over $8 billion.\nSource: Seeking Alphaearnings estimates\nThe problem is that Apple had a nearly perfect quarter. The company admitted that Services revenue won't repeat the 33% growth in the June quarter and these tough comps are problematic for growth in future periods. Investors should easily understand that any growth after reporting a year with 33% growth is impressive, but some post covid slowdowns shouldn't be surprising.\nRight now though, Apple is still priced for excessive growth. A lot of the stock price gains in the last few years are attributed all to expanding P/E multiples. One only has to go back to 2016 for when Apple only traded at 10x trailing earnings. The stock now trades at nearly 30x trailing earnings, or nearly 3x the multiple from just 5 years ago.\nData byYCharts\nIf Apple only traded at 15x trailing earnings, the stock would trade closer to $75, not $150. For this reason, the stock has struggled to break above $150 for a while now.\nWhile the market forecasts 3% revenue growth for FY22, Citi analyst Wamsi Mohanmade it clearreal risk exists for Apple to actually report revenue and gross profit dollars down YoY in the first 3 quarters of the fiscal year:\n\n Apple could be faced with the dual headwinds of tougher comps and weaker demand in Hardware only modestly offset by any Services re-acceleration. Revenue growth for F4Q was guided lower than the 36% y/y growth in F3Q, but the upcoming Dec, March and now even June quarters could be down y/y in revs and gross profit dollars given several headwinds.\n\niPhone 5G Cycle\nHistory tells us that Apple regularly has these product cycles and covid lockdowns should accelerate the likelihood of a future quarter with trough numbers. In addition, the 5G iPhone cycle should advance these normal cycles with sales pushed from the normal quarter into the December quarter last year. Normal sales for the iPhone 13 in the September quarter will accelerate the tough comps in the December quarter and on into FY22.\nTheCounterpoint chart highlights how the iPhone 12/5G cycle has elevated sales to a level where Apple faces tough comps in FY22. Not only were FQ1'21 sales elevated, but the FQ2'21/FQ3'21 units sold were far in excess of the prior two years.\nNo real explanation exists for higher sales other than covid demand pulled forward and the 5G cycle. Even normal market growth wouldn't lead to unit sales surging somewhere in the 50% range for the March and June quarters from prior-year levels.\nInvestors really have to question whether Apple can sell over 60 million units again in the March quarter and another 50 million units in the June quarter. Even selling iPhones at higher ASPs might not be enough to offset some declines in units sold.\nThe crazy part here is that historical norms support Apple reporting some tough comps in the next year and going on to substantial growth in the next decade. The company has Services revenues up to $17.5 billion in quarterly sales accounting for some 21% of sales for the first 9 months of FY21.\nApple is poised to roll these recurring revenues into more consistent growth, but the growth rates will be as annual revenues top $400 billion. Without the recency bias of the last year, investors would understand this concept and appropriately value the stock at a more normal valuation of ~15x future earnings.\nIf the tech giant earns $5.92 in even FY23, the stock would only trade at $89 using a 15x multiple. Remember, one would normally question whether Apple even deserves a 15x forward multiple when earnings are only forecast to grow at a 5% clip in FY23. A stock usually struggles to trade at forward P/E multiples of 2x the growth rate, not 3x the growth rate.\nTakeaway\nThe key investor takeaway is that investors should clearly understand why Apple is struggling to push beyond $150. The stock is already insanely expensive for the normalized growth rates going forward and the real risk that the tech giant actually reports a few quarters where revenues decline.\nInvestors should be selling Apple at $150, not looking to buy even more shares at a price where the annualized returns should be weak.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835667160,"gmtCreate":1629712971350,"gmtModify":1633683016212,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/835667160","repostId":"1186610391","repostType":4,"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832132127,"gmtCreate":1629597661769,"gmtModify":1633683884927,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Hmmm…","listText":"Hmmm…","text":"Hmmm…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/832132127","repostId":"1107075259","repostType":4,"repost":{"id":"1107075259","kind":"news","pubTimestamp":1629509852,"share":"https://www.laohu8.com/m/news/1107075259?lang=&edition=full","pubTime":"2021-08-21 09:37","market":"us","language":"en","title":"Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1107075259","media":"MarketWatch","summary":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.$Investors$ should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.At $Tesla Motors$’s AI Day late Thursday, self-named Technoking Musk said th","content":"<blockquote>\n <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>\n</blockquote>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p>\n<p>At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p>\n<p>After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p>\n<p>As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p>\n<p>“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p>\n<p>The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p>\n<p>“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p>\n<p>“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p>\n<p>The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p>\n<p>The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p>\n<p>“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p>\n<p>It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p>\n<p>If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p>\n<p>“We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p>\n<p>But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p>\n<p>For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p>\n<p>“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p>\n<p>With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p>\n<p>“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p>\n<p>Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla</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\">\nIgnore Elon Musk’s dancing distraction and face the dangers ahead for Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-21 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology ...</p>\n\n<a href=\"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?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":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107075259","content_text":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.\n\nInvestors should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.\nAt Tesla Motors’s AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”\nAfter a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.\nAs always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.\n“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this Tesla Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.\nThe safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.\nJust a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.\n“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at American University in Washington DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”\n“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.\nThe week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The National Highway Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with Advanced Driver Assistance Systems (ADAS) and tractor-trailers.\nThe latest outcry on Capitol Hill follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.\n“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”\nIt is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”\nIf only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.\n“We basically have to solve real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over one million cars on the road that are collecting data… But I am highly confident that we will get this done.”\nBut for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.\nFor example, Alphabet Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.\n“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of American University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”\nWith FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.\n“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.\nMusk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836380611,"gmtCreate":1629455253133,"gmtModify":1633684727106,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836380611","repostId":"2160716324","repostType":4,"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839493494,"gmtCreate":1629171154618,"gmtModify":1633686837983,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839493494","repostId":"1155687461","repostType":4,"repost":{"id":"1155687461","kind":"news","pubTimestamp":1629166865,"share":"https://www.laohu8.com/m/news/1155687461?lang=&edition=full","pubTime":"2021-08-17 10:21","market":"us","language":"en","title":"FuboTV: Continued Progress On The March To Profitability","url":"https://stock-news.laohu8.com/highlight/detail?id=1155687461","media":"seekingalpha","summary":"Summary\n\nfuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising","content":"<p><b>Summary</b></p>\n<ul>\n <li>fuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising,&nbsp;and the eventual launch of real-money wagering.</li>\n <li>The company had triple-digit year-over-year growth in both total paid subscribers and revenue growth.</li>\n <li>fuboTV had an&nbsp;Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%, thereby showing improved operating leverage.</li>\n <li>The company is on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and fubo added a&nbsp;market access agreement for their fourth state, Pennsylvania in Q2.</li>\n <li>fubo is a buy for aggressive growth investors.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af7296f7a2085a34994d7c485a529563\" tg-width=\"768\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>RightFramePhotoVideo/iStock via Getty Images</span></p>\n<p>The&nbsp;last time I posted&nbsp;about fuboTV(NYSE:FUBO)in May, the stock was trading at $21.72 and was coming off a strong Q1 earnings report that sent the stock up +10% the day after earnings were released. Each quarter, fuboTV has only continued to prove critics wrong as the company maintains putting up numbers showing a strong march toward profitability.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10c059c77020997d84e21eeff219cba5\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Fubo's investing thesis is based on the company producing both strong revenue growth and eventually reaching profitability through the contribution from at least three major revenue sources which currently are:virtual MVPD&nbsp;subscriptions, CTV advertising, and the eventual launch of real-money wagering.</p>\n<blockquote>\n As we've cited previously, our strategy is rooted in the intersection of 3 megatrends: the secular decline of traditional television, the shift of TV ad dollars to connected devices; and online sports wagering, a market opportunity which we believe complements our sports-first live TV streaming platform. We are laser-focused on staying ahead of these trends.\n</blockquote>\n<blockquote>\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n</blockquote>\n<p>The key things investors should look for in fuboTV's quarterly results to determine whether the company is on the path of maintaining strong growth and eventually scaling to profitability are:</p>\n<ul>\n <li>Strong Paid subscriber growth</li>\n <li>Strong vMVPD market share growth</li>\n <li>Strong Advertising ARPU (Average Revenue Per User) growth</li>\n <li>Strong Total ARPU (Average Revenue Per User) growth</li>\n <li>Continued growth in the Contribution Margin</li>\n <li>The successful launch of Fubo Sportsbook with real-money wagering.</li>\n</ul>\n<p>This article will go through fuboTV's latest earnings and showing how the company is making tangible progress on all three revenue fronts.</p>\n<p><b>Figuring Out the Secret Sauce</b></p>\n<p>Ever since Dish&nbsp;(NASDAQ:DISH)&nbsp;started the concept of the \"skinny bundle\" with the first&nbsp;vMPVD&nbsp;called SlingTV, companies have been searching for ways to make the concept profitable.</p>\n<p>Part of the problem with vMVPDs is that they all have high variable costs, in the form of high content expenses, that cause very low gross margins. Most vMVPDs are structurally unprofitable because the variable (content) costs are sometimes even greater than the price of their subscription fees, consequently, even at scale most vMVPDs would have a profitability problem because scaling the business would only cover costs that are fixed.</p>\n<p>In order for most vMVPDs to become profitable, they would have to lower content costs or raise subscription prices. Lowering content costs, more often than not, involves getting rid of expensive content. The problem is the most expensive content is often what the viewers most want to see and when that content is eliminated, it often causes churn and costs the vMVPDs a loss of subscribers.</p>\n<p>If a vMVPD goes the other route and raises subscription prices, many are finding out that they don't have a lot of pricing power for the content that they are offering. Maybe only two companies, in the general entertainment space in Connected TV, have pricing power and that is Netflix(NASDAQ:NFLX)and Disney(NYSE:DIS). So many vMVPDs are stuck between a rock and a hard place.</p>\n<p>So, what's the solution?</p>\n<p>I don't know if fuboTV management logically thought it out or just simply accidently discovered it but the viewing public does have a thirst for live TV. When Netflix first arose as a streaming phenomenon, they pretty much began to dominate every category of TV viewing but the one area Netflix left alone was live TV, made up primarily of sports and news.</p>\n<p>FuboTV started as a soccer streaming service, and then changed to an all-sports service in 2017. So, fuboTV was born as a live streaming service and while fuboTV does offer general scripted entertainment today, they still brand themselves as a \"Sports First\" and a live TV service. In Q2, 94% of Fubo's content was viewed on a big-screen connected TV and 89% of that viewing was for live content.</p>\n<p>One reason why live content is important for fuboTV is that there is a ton of competition among vMVPDs that offer mostly scripted content. There is a lot less competition among vMVPDs that have a focus on providing more live content for sports and news.</p>\n<p>So, fuboTV fits right into an opening that Netflix left wide open. Also, unlike more general entertainment, there is some emerging evidence that sports viewing has some pricing power and the popularity of sports (especially the NFL and Soccer) is also helping&nbsp;fuboTV gain market share&nbsp;against other vMVPDs.</p>\n<p>Investors that have read&nbsp;FuboTV's S-1, might realize that the company had a plan from the beginning to pay a majority of their variable (content) costs through subscription revenue and then later become profitable through adding a combination of higher margin revenue sources that include advertising, real money wagering and other additional services/content. The company is still in the relative early stages of implementing that plan, which is why I still consider fuboTV a speculative stock.</p>\n<p><b>FuboTV Q2 2021 Earnings Report</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b001cc03e46cb7bef17b78ec5e028615\" tg-width=\"640\" tg-height=\"353\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Earnings Slides</span></p>\n<p>FuboTV delivered triple-digit year-over-year growth in total paid subscribers, which was up 138% to 681,721 compared to just 31% growth for the entire virtual MVPD market over the same period. Overall, subscriber growth was driven by cord cutters increasingly choosing fuboTV over more expensive legacy pay-TV services or other vMVPDs.</p>\n<p>Secondarily, Q2 2021 subscriber growth was driven by a heavy sports calendar and expanded smart TV distribution which helped increase the net subscriber additions by 91,291, compared to last year's Q2 sequential decline of approximately 1,000 subscribers, a number that last year was largely affected by the pandemic shutting down most sporting events. This year's heavy sports calendar includedfuboTV's exclusive streamsof the South American Qatar World Cup qualifying matches (CONMEBOL).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b6ff85451655b7867e1030f5b2b36c26\" tg-width=\"640\" tg-height=\"412\" width=\"100%\" height=\"auto\"><span>Source:fuboTV Q2 2021 Shareholder Letter</span></p>\n<p>FuboTV also showed&nbsp;<b>strong increases in engagement</b>&nbsp;with users (both paid and trial) streaming over 245 million hours, up 148% year-over-year. Fubo MAUs (Monthly Active Users) watched a total of 134 hours per month per user on average in the quarter. According to management, the strong engagement numbers were driven by product enhancements, content personalization and improvements to fuboTV's technology and platform infrastructure.</p>\n<blockquote>\n Our&nbsp;\n <b>impressive engagement metrics</b>, particularly the number of hours viewed, indicate that consumers prefer a holistic content bundle with a wide assortment of premium content. In our view, we are still in the early days for virtual MVPDs, and our category will continue to gain popularity.\n</blockquote>\n<blockquote>\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n</blockquote>\n<p>Among the reasons that David Gandler thinks it is early days for vMVPDs is because he believes that there will be a major shift in the TV industry back to content \"bundling\". Gandler believes that the proliferation of SVOD or&nbsp;Subscriber Video on Demand&nbsp;services (Ex. Netflix, Disney+) will become increasingly too costly for consumers. There is already some evidence of that particular sentiment becoming true. According to a&nbsp;global survey from Apester, 60.1% of people are sick of so many streaming services.</p>\n<p>In the earnings call, David Gandler mentions that consumers are&nbsp;experiencing fatigue&nbsp;from managing too many subscriptions, which is some cases cost more than the original legacy cable bundle that forced consumers to cut the cord in the first place. In my opinion, I believe the TV industry will increasingly consolidate content and/or the concept of \"bundling\" will return, only it will be this time on CTV, instead of cable.</p>\n<p>FuboTV's&nbsp;<b>total Q2 revenue growth was up 196% YoY</b>&nbsp;to $130.9 million and advertising revenue was up 281% to $16.5 million. FuboTV has increased their total revenue YoY growth number in every quarter since the company gave their&nbsp;first pro-forma Q3 2020 revenue growth&nbsp;numbers of 71%.</p>\n<p>Growth in advertising revenue is also an important aspect for Fubo because capturing the shift of&nbsp;<b>higher margin</b>&nbsp;TV advertising dollars from&nbsp;Linear TV&nbsp;to connected devices is part of the second leg of fuboTV's overall strategy to eventually become profitable.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c0253ae9912e4bfe8e06a6e80a4cb0f\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Earnings Slides</span></p>\n<p>Advertising accounted for 13% of total revenue in the Q2 2021, compared to 10% in the Q2 2020. Fubo's advertising ARPU was up 62% year-over-year to $8.70, and increased 22% sequentially. This is absolutely spectacular growth in ARPU. Rising advertising ARPU for a company like Fubo is an indication that the company's viewers are being seen as being more valuable by advertisers.</p>\n<p>FuboTV is currently growing their national ad sales team to address what the company calls \"significant demand in the marketplace\". FuboTV's advertiser base consists of Fortune 500 companies and blue-chip national brands that have observed that FUBO has attracted a very&nbsp;<b>highly engaged premium audience</b>. Advertisers like the fact that they can highly target a growing premium audience with Fubo'sfirst-partyaddressable data. Brands also find advertising on the Fubo platform very attractive because&nbsp;CTV allows&nbsp;the effectiveness of ads on the platform to be precisely measured, which is an advantage over cable TV.</p>\n<p><b>Expenses</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d48c1682b13fb5b019a05ec4ca1bfc25\" tg-width=\"640\" tg-height=\"263\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Shareholder Letter</span></p>\n<p>Fubo's&nbsp;<b>subscriber-related expenses</b>, which&nbsp;<b>primarily consist of content cost</b>, accounted for 92% of total revenue in the quarter, an improvement of 28 percentage points compared to the year prior. This shows that FUBO has gotten better about managing content costs over the past year.</p>\n<p>Subscriber-related expenses can also be considered cost of sales or cost of revenues. Using the formula,<b>Gross Profit = Revenue - Cost of Sales</b>, FUBO had a Gross Profit of $10.38 million, making Gross margins around 8%.</p>\n<p>These low gross margins are among the things critics don't like about fuboTV. The vMVPD subscriber revenue portion of the business carries very low gross margins and the situation won't markedly improve until the company increases its percentage of product revenue that have much higher gross margins, like the advertising, interactive products and the real-money wagering portions of the business.</p>\n<p>FuboTV's operating expenses in Q2 was $211.95 million. Operating expenses as a percentage of revenue in the second quarter improved 97 percentage points from 252% in Q2 2020 to 155% in 2Q 2021, showing that the company is improving its operating leverage.</p>\n<p>One important aspect of the operating expenses is Fubo's investment in S&amp;M, which came in at $21.51 million in Q2 or 16% of revenue, down sequentially from 18% of revenue in the first quarter of 2021. So, the company is also becoming more efficient in how they deploy sales and marketing dollars, while still achieving strong subscriber growth and lowering churn by 203 basis points year-over-year.</p>\n<p>Currently, fuboTV shows an operating loss of $81.07 million in Q2 2021, compared to an operating loss of $67.29 million in Q2 2020. Investors should be aware that in the companiesS-1, the very first risk factor that fuboTV management included is this one:</p>\n<blockquote>\n We have incurred operating losses in the past, expect to incur operating losses in the future and may never achieve or maintain profitability.\n</blockquote>\n<blockquote>\n Source:FuboTV S-1\n</blockquote>\n<p>Profitability is the major risk with FUBO and the progress toward profitability should be closely monitored by anyone investing in this company. However, the overall operating revenue numbers is not the best way to measure fuboTV's path to profitability, instead FuboTV uses a metric called Adjusted Contribution Margin.</p>\n<p>I first learned of the concept of Contribution Margin whenNetflix first started using the metricto better manage their content expenses (variable costs).Contribution margin analysisis a measure ofoperating leverage; it measures how growth in sales translates to growth in profits.</p>\n<p>FuboTV is essentially following Netflix's playbook with their use of the contribution margin both to measure their operating leverage and to better manage content expenses. In Q2, FuboTV had an Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%. So Fubo's Adjusted Contribution Margin has been showing constant improvement over the last two years, another confirmation of improving operating leverage.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83025af4aa71f3ff8461f828279aa80e\" tg-width=\"640\" tg-height=\"350\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Earnings Slides</span></p>\n<p>In addition to an expanding Adjusted Contribution Margin, fuboTV has grown their overall Average Revenue Per User (ARPU) 30% YoY to an impressive&nbsp;<b>$71.43,</b>which is a strong monetization number. Many people consider Roku's ARPU number as impressive andRoku grew their ARPU 46%to only&nbsp;<b>$36.46</b>&nbsp;(on a trailing 12-month basis) in their second quarter.</p>\n<p>Adjusted EBITDA margin improved YoY from minus 95% to minus 36%. Net loss in Q2 was $94.9 million and EPS in the quarter was negative $0.68 compared to a loss of $2.08 in the second quarter of 2020. This missed analyst estimates by $0.18.</p>\n<p>Adjusted EPS in the second quarter 2021 was a loss of $0.38 beat analyst estimates by $0.11. Expenses incurred for the launch of the wagering business impacted EPS and adjusted EPS by $0.02 in the quarter.</p>\n<p><b>Balance Sheet</b></p>\n<p>FUBO ended the quarter with $412 million in cash, cash equivalent and restricted cash.</p>\n<p>FUBO has aquick ratioof 2.332. A company with a quick ratio of 1.0 and above can easily pay current liabilities.</p>\n<p>FUBO has aDebt-to-Equity ratioof 0.476, which is a measure of the ability to pay long term liabilities. Companies with a Debt-to-Equity ratio of less than 1.0, means a company tends to use more equity than debt to finance operations which is generally less risky than firms whose Debt-to-Equity ratio is greater than 1.0.</p>\n<p>Operating cash flow in the quarter was negative $33.6 million, improving $20 million compared to the first quarter of 2021 and the number includes a $4.3 million negative impact from a payment associated with the buildup of the wagering business.</p>\n<p><b>Guidance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86f71e24685f80b82bdf502aafb3e065\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Shareholder Letter</span></p>\n<p>One important take-away from this guidance is that it doesn't include any revenue from the Fubo Sportsbook that's still expected to launch in Q4 and even without that addition, fuboTV increased their revenue and subscriber guidance for the full year 2021.</p>\n<p><b>More On Advertising</b></p>\n<p>Two things mentioned in the Q2 2021 Shareholder Letter that occurred in the quarter, was the launch of theBranded Content studioand the start of a first-party datapartnership with LiveRamp(NYSE:RAMP). Both news items were first announced beforethis year upfronts.</p>\n<p>The Branded Content Studio allows advertisers to be able to collaborate with fuboTV's creative team to build short or long form custom branded content to air on the Fubo Sports Network.</p>\n<p>The new data partnership with LiveRamp is designed to improve Fubo's existing addressable targeting capabilities by enabling advertisers to combine Fubo's first party data with LiveRamp's Advanced TV products, which include subscriber file matching, viewership and measurement with Data Plus Math.Data Plus Mathprovides media measurement and analytics to streaming services like FuboTV along with its advertising brand customers to determine which people are watching the ads, and matching it with other consumer behavior data.</p>\n<blockquote>\n We capitalized on the high demand for CTV in this year's upfront, with buyers seeking to reach our valuable cord-cutting audience of premium paying subscribers that can't be accessed via linear TV. FuboTV's concentration of live sports content also drove outperformance on advertising in the quarter.\n</blockquote>\n<blockquote>\n Source:FuboTV Q2 2021 Shareholder Letter\n</blockquote>\n<p><b>Wagering &amp; Interactivity</b></p>\n<p>Fubo indicated in their Shareholder Letter that are on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and the CEO David Gandler also announced during the earnings call that Fubo added amarket access agreementfor their fourth state, Pennsylvania, through a partnership with theCordish Companies, a highly respected international developer of large-scale projects.</p>\n<p>CEO David Gandler also revealed a video on the company'sQ2 2021 Earnings Live Video Webinaron how the Sportsbook app is designed to synch with what the user is watching on fuboTV at every moment. The app is designed this way, in order to provide a highly personalized interactive betting experience for the user.</p>\n<p>FuboTV is all about enhancing interactivity and one of the ways that they have already done that is with their launch of predictive, free-to-play games.</p>\n<p>In the Q2 Shareholder Letter, FUBO highlighted the fact that these free-to-play games are a key component of the company's overall wagering strategy because it is considered a potential customer on-ramp to the Sportsbook app and fuboTV, in general.</p>\n<p>The company also plans to use the interactive, free-to-play games to measure the likelihood of customers to engage in even greater levels of interactivity on the Fubo platform. Additionally, free-to-play games have the potential to drive greater levels of adoption of the future wagering product.</p>\n<p>Fubo's first stab at a free-to-play predictive game is theCONMEBOL Predictive Challengewhich tested a user's sports knowledge by presenting questions to be answered about each match in the South American Football Confederation (CONMEBOL) that occurred on June 3rd, 4th and 8th. The Challenge provided a chance to win a free year of fuboTV service<b>.</b></p>\n<p>Fubo used their exclusive CONMEBOL coverage to beta test their interactive game, which Fubo had integrated into their core vMVPD platform. Like most beta tests, Fubo tested this gaming experience on a select group of users to gather data on usability and to optimize the experience ahead of launching the gaming experience to a wider audience.</p>\n<p>Another beta test that Fubo conducted was the new FanView feature, which is a user-initiated feature that shows supplemental, interactive information, like live game stats and scores. FanView screens are located next to and under a reduced-size video player.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0620209ed3727c3f6307fd4eb9dd720\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"><span>Source:FuboTV</span></p>\n<blockquote>\n As expected, gaming proved extremely popular across the subset of users with whom we conducted our test. We saw a nice lift in viewership, with subscribers who engaged in free gaming watching CONMEBOL content for&nbsp;\n <b>significantly more time per user</b>&nbsp;than those that did not play.\n</blockquote>\n<blockquote>\n Source:FuboTV Q2 2021 Shareholder Letter\n</blockquote>\n<p>Fubo also indicated that they plan on launching the above features of interactive, free-to-play gaming and FanView to all fuboTV subscribers on multiple sports this fall. I also don't think this will be the last innovative \"first mover\" type features that fuboTV will release in the future either.</p>\n<p>Fubo management has made commentary since theirS-1, that they were focused on building applications in traditional entertainment, sports entertainment, live events, social networking, mixed reality (AR/VR) and artificial intelligence. That focus has led the company to currently building a personalized and interactive streaming experience that the company credits for their current ability to capture market share.</p>\n<p><b>Valuation</b></p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Mkt Cap (BIL)</td>\n   <td><p>Price/Sales</p></td>\n   <td>Free Cash Flow Margin %</td>\n   <td>EV/Sales (FWD)</td>\n   <td>Revenue Growth (Y/Y) %</td>\n   <td>Gross Margins %</td>\n   <td>Operating Margins %</td>\n  </tr>\n  <tr>\n   <td>Roku (ROKU)</td>\n   <td>$50.61B</td>\n   <td>21.70</td>\n   <td>6.01%</td>\n   <td>16.73</td>\n   <td>81.18%</td>\n   <td>52.43%</td>\n   <td>10.71%</td>\n  </tr>\n  <tr>\n   <td>DISH Network (DISH)</td>\n   <td>$22.78B</td>\n   <td>1.46</td>\n   <td>16.63%</td>\n   <td>1.93</td>\n   <td>40.79%</td>\n   <td>35.68%</td>\n   <td>20.21%</td>\n  </tr>\n  <tr>\n   <td>DraftKings (DKNG)</td>\n   <td>$20.97B</td>\n   <td>19.86</td>\n   <td>-40.04%</td>\n   <td>15.27</td>\n   <td>319.6%</td>\n   <td>37.16%</td>\n   <td>-108%</td>\n  </tr>\n  <tr>\n   <td>fuboTV (FUBO)</td>\n   <td>$4.05B</td>\n   <td>6.90</td>\n   <td>-32.76</td>\n   <td>7.87</td>\n   <td>196%</td>\n   <td>8%</td>\n   <td>-61.93%</td>\n  </tr>\n </tbody>\n</table>\n<p>Fubo makes for a very interesting comparison with Roku. Fubo is currently growing faster than Roku and has a much better ARPU. The primary reason that Roku is valued so much more highly than Fubo is that there are very real worries about Fubo ever becoming profitable, while Roku is already profitable.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39250f37532ed7be4c37a6da2e78aa9e\" tg-width=\"475\" tg-height=\"389\" width=\"100%\" height=\"auto\"><span>Source: Yahoo Finance</span></p>\n<p>The above is based on 8 Wall Street analysts offering 12-month price targets for fuboTV in the last 3 months. The average price target is $39.50 with a high forecast of $60.00 and a low forecast of $26.00. The average price target represents a 37% increase from the last price of $28.83.</p>\n<p><b>Conclusion</b></p>\n<p>The results from the latest quarter seems to have the Bears on the run, although as I write this the stock is down 10% in reaction to news that the company plans a$500 million stock offering.</p>\n<p>FuboTV is still a speculative stock but each quarter of results makes it look increasingly more likely that the company will both be able to sustain growth and eventually become profitable. If Fubo also successfully launches its wagering business in Q4, then the stock could wind up one of the better performers in 2021, as it could force many short sellers to concede defeat.</p>\n<p>I look at the pullback in stock price as a reason for aggressive growth investors to buy Fubo after such an excellent quarter that shows progress on all fronts and includes an increase of full year guidance.</p>\n<p>Fubo was once a company that I only had a little conviction about but I am becoming increasingly more confident in the company's long-term prospects, as Fubo does nothing but strongly execute on its business plan that was first laid out in itsS-1filing.</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>FuboTV: Continued Progress On The March To Profitability</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\">\nFuboTV: Continued Progress On The March To Profitability\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449793-fubotv-continued-progress-to-profitability><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nfuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising, and the eventual launch of real-money wagering.\nThe company had triple-digit year-over-year growth...</p>\n\n<a href=\"https://seekingalpha.com/article/4449793-fubotv-continued-progress-to-profitability\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"source_url":"https://seekingalpha.com/article/4449793-fubotv-continued-progress-to-profitability","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155687461","content_text":"Summary\n\nfuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising, and the eventual launch of real-money wagering.\nThe company had triple-digit year-over-year growth in both total paid subscribers and revenue growth.\nfuboTV had an Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%, thereby showing improved operating leverage.\nThe company is on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and fubo added a market access agreement for their fourth state, Pennsylvania in Q2.\nfubo is a buy for aggressive growth investors.\n\nRightFramePhotoVideo/iStock via Getty Images\nThe last time I posted about fuboTV(NYSE:FUBO)in May, the stock was trading at $21.72 and was coming off a strong Q1 earnings report that sent the stock up +10% the day after earnings were released. Each quarter, fuboTV has only continued to prove critics wrong as the company maintains putting up numbers showing a strong march toward profitability.\nData by YCharts\nFubo's investing thesis is based on the company producing both strong revenue growth and eventually reaching profitability through the contribution from at least three major revenue sources which currently are:virtual MVPD subscriptions, CTV advertising, and the eventual launch of real-money wagering.\n\n As we've cited previously, our strategy is rooted in the intersection of 3 megatrends: the secular decline of traditional television, the shift of TV ad dollars to connected devices; and online sports wagering, a market opportunity which we believe complements our sports-first live TV streaming platform. We are laser-focused on staying ahead of these trends.\n\n\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n\nThe key things investors should look for in fuboTV's quarterly results to determine whether the company is on the path of maintaining strong growth and eventually scaling to profitability are:\n\nStrong Paid subscriber growth\nStrong vMVPD market share growth\nStrong Advertising ARPU (Average Revenue Per User) growth\nStrong Total ARPU (Average Revenue Per User) growth\nContinued growth in the Contribution Margin\nThe successful launch of Fubo Sportsbook with real-money wagering.\n\nThis article will go through fuboTV's latest earnings and showing how the company is making tangible progress on all three revenue fronts.\nFiguring Out the Secret Sauce\nEver since Dish (NASDAQ:DISH) started the concept of the \"skinny bundle\" with the first vMPVD called SlingTV, companies have been searching for ways to make the concept profitable.\nPart of the problem with vMVPDs is that they all have high variable costs, in the form of high content expenses, that cause very low gross margins. Most vMVPDs are structurally unprofitable because the variable (content) costs are sometimes even greater than the price of their subscription fees, consequently, even at scale most vMVPDs would have a profitability problem because scaling the business would only cover costs that are fixed.\nIn order for most vMVPDs to become profitable, they would have to lower content costs or raise subscription prices. Lowering content costs, more often than not, involves getting rid of expensive content. The problem is the most expensive content is often what the viewers most want to see and when that content is eliminated, it often causes churn and costs the vMVPDs a loss of subscribers.\nIf a vMVPD goes the other route and raises subscription prices, many are finding out that they don't have a lot of pricing power for the content that they are offering. Maybe only two companies, in the general entertainment space in Connected TV, have pricing power and that is Netflix(NASDAQ:NFLX)and Disney(NYSE:DIS). So many vMVPDs are stuck between a rock and a hard place.\nSo, what's the solution?\nI don't know if fuboTV management logically thought it out or just simply accidently discovered it but the viewing public does have a thirst for live TV. When Netflix first arose as a streaming phenomenon, they pretty much began to dominate every category of TV viewing but the one area Netflix left alone was live TV, made up primarily of sports and news.\nFuboTV started as a soccer streaming service, and then changed to an all-sports service in 2017. So, fuboTV was born as a live streaming service and while fuboTV does offer general scripted entertainment today, they still brand themselves as a \"Sports First\" and a live TV service. In Q2, 94% of Fubo's content was viewed on a big-screen connected TV and 89% of that viewing was for live content.\nOne reason why live content is important for fuboTV is that there is a ton of competition among vMVPDs that offer mostly scripted content. There is a lot less competition among vMVPDs that have a focus on providing more live content for sports and news.\nSo, fuboTV fits right into an opening that Netflix left wide open. Also, unlike more general entertainment, there is some emerging evidence that sports viewing has some pricing power and the popularity of sports (especially the NFL and Soccer) is also helping fuboTV gain market share against other vMVPDs.\nInvestors that have read FuboTV's S-1, might realize that the company had a plan from the beginning to pay a majority of their variable (content) costs through subscription revenue and then later become profitable through adding a combination of higher margin revenue sources that include advertising, real money wagering and other additional services/content. The company is still in the relative early stages of implementing that plan, which is why I still consider fuboTV a speculative stock.\nFuboTV Q2 2021 Earnings Report\nSource:FuboTV Q2 2021 Earnings Slides\nFuboTV delivered triple-digit year-over-year growth in total paid subscribers, which was up 138% to 681,721 compared to just 31% growth for the entire virtual MVPD market over the same period. Overall, subscriber growth was driven by cord cutters increasingly choosing fuboTV over more expensive legacy pay-TV services or other vMVPDs.\nSecondarily, Q2 2021 subscriber growth was driven by a heavy sports calendar and expanded smart TV distribution which helped increase the net subscriber additions by 91,291, compared to last year's Q2 sequential decline of approximately 1,000 subscribers, a number that last year was largely affected by the pandemic shutting down most sporting events. This year's heavy sports calendar includedfuboTV's exclusive streamsof the South American Qatar World Cup qualifying matches (CONMEBOL).\nSource:fuboTV Q2 2021 Shareholder Letter\nFuboTV also showed strong increases in engagement with users (both paid and trial) streaming over 245 million hours, up 148% year-over-year. Fubo MAUs (Monthly Active Users) watched a total of 134 hours per month per user on average in the quarter. According to management, the strong engagement numbers were driven by product enhancements, content personalization and improvements to fuboTV's technology and platform infrastructure.\n\n Our \n impressive engagement metrics, particularly the number of hours viewed, indicate that consumers prefer a holistic content bundle with a wide assortment of premium content. In our view, we are still in the early days for virtual MVPDs, and our category will continue to gain popularity.\n\n\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n\nAmong the reasons that David Gandler thinks it is early days for vMVPDs is because he believes that there will be a major shift in the TV industry back to content \"bundling\". Gandler believes that the proliferation of SVOD or Subscriber Video on Demand services (Ex. Netflix, Disney+) will become increasingly too costly for consumers. There is already some evidence of that particular sentiment becoming true. According to a global survey from Apester, 60.1% of people are sick of so many streaming services.\nIn the earnings call, David Gandler mentions that consumers are experiencing fatigue from managing too many subscriptions, which is some cases cost more than the original legacy cable bundle that forced consumers to cut the cord in the first place. In my opinion, I believe the TV industry will increasingly consolidate content and/or the concept of \"bundling\" will return, only it will be this time on CTV, instead of cable.\nFuboTV's total Q2 revenue growth was up 196% YoY to $130.9 million and advertising revenue was up 281% to $16.5 million. FuboTV has increased their total revenue YoY growth number in every quarter since the company gave their first pro-forma Q3 2020 revenue growth numbers of 71%.\nGrowth in advertising revenue is also an important aspect for Fubo because capturing the shift of higher margin TV advertising dollars from Linear TV to connected devices is part of the second leg of fuboTV's overall strategy to eventually become profitable.\nSource:FuboTV Q2 2021 Earnings Slides\nAdvertising accounted for 13% of total revenue in the Q2 2021, compared to 10% in the Q2 2020. Fubo's advertising ARPU was up 62% year-over-year to $8.70, and increased 22% sequentially. This is absolutely spectacular growth in ARPU. Rising advertising ARPU for a company like Fubo is an indication that the company's viewers are being seen as being more valuable by advertisers.\nFuboTV is currently growing their national ad sales team to address what the company calls \"significant demand in the marketplace\". FuboTV's advertiser base consists of Fortune 500 companies and blue-chip national brands that have observed that FUBO has attracted a very highly engaged premium audience. Advertisers like the fact that they can highly target a growing premium audience with Fubo'sfirst-partyaddressable data. Brands also find advertising on the Fubo platform very attractive because CTV allows the effectiveness of ads on the platform to be precisely measured, which is an advantage over cable TV.\nExpenses\nSource:FuboTV Q2 2021 Shareholder Letter\nFubo's subscriber-related expenses, which primarily consist of content cost, accounted for 92% of total revenue in the quarter, an improvement of 28 percentage points compared to the year prior. This shows that FUBO has gotten better about managing content costs over the past year.\nSubscriber-related expenses can also be considered cost of sales or cost of revenues. Using the formula,Gross Profit = Revenue - Cost of Sales, FUBO had a Gross Profit of $10.38 million, making Gross margins around 8%.\nThese low gross margins are among the things critics don't like about fuboTV. The vMVPD subscriber revenue portion of the business carries very low gross margins and the situation won't markedly improve until the company increases its percentage of product revenue that have much higher gross margins, like the advertising, interactive products and the real-money wagering portions of the business.\nFuboTV's operating expenses in Q2 was $211.95 million. Operating expenses as a percentage of revenue in the second quarter improved 97 percentage points from 252% in Q2 2020 to 155% in 2Q 2021, showing that the company is improving its operating leverage.\nOne important aspect of the operating expenses is Fubo's investment in S&M, which came in at $21.51 million in Q2 or 16% of revenue, down sequentially from 18% of revenue in the first quarter of 2021. So, the company is also becoming more efficient in how they deploy sales and marketing dollars, while still achieving strong subscriber growth and lowering churn by 203 basis points year-over-year.\nCurrently, fuboTV shows an operating loss of $81.07 million in Q2 2021, compared to an operating loss of $67.29 million in Q2 2020. Investors should be aware that in the companiesS-1, the very first risk factor that fuboTV management included is this one:\n\n We have incurred operating losses in the past, expect to incur operating losses in the future and may never achieve or maintain profitability.\n\n\n Source:FuboTV S-1\n\nProfitability is the major risk with FUBO and the progress toward profitability should be closely monitored by anyone investing in this company. However, the overall operating revenue numbers is not the best way to measure fuboTV's path to profitability, instead FuboTV uses a metric called Adjusted Contribution Margin.\nI first learned of the concept of Contribution Margin whenNetflix first started using the metricto better manage their content expenses (variable costs).Contribution margin analysisis a measure ofoperating leverage; it measures how growth in sales translates to growth in profits.\nFuboTV is essentially following Netflix's playbook with their use of the contribution margin both to measure their operating leverage and to better manage content expenses. In Q2, FuboTV had an Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%. So Fubo's Adjusted Contribution Margin has been showing constant improvement over the last two years, another confirmation of improving operating leverage.\nSource:FuboTV Q2 2021 Earnings Slides\nIn addition to an expanding Adjusted Contribution Margin, fuboTV has grown their overall Average Revenue Per User (ARPU) 30% YoY to an impressive $71.43,which is a strong monetization number. Many people consider Roku's ARPU number as impressive andRoku grew their ARPU 46%to only $36.46 (on a trailing 12-month basis) in their second quarter.\nAdjusted EBITDA margin improved YoY from minus 95% to minus 36%. Net loss in Q2 was $94.9 million and EPS in the quarter was negative $0.68 compared to a loss of $2.08 in the second quarter of 2020. This missed analyst estimates by $0.18.\nAdjusted EPS in the second quarter 2021 was a loss of $0.38 beat analyst estimates by $0.11. Expenses incurred for the launch of the wagering business impacted EPS and adjusted EPS by $0.02 in the quarter.\nBalance Sheet\nFUBO ended the quarter with $412 million in cash, cash equivalent and restricted cash.\nFUBO has aquick ratioof 2.332. A company with a quick ratio of 1.0 and above can easily pay current liabilities.\nFUBO has aDebt-to-Equity ratioof 0.476, which is a measure of the ability to pay long term liabilities. Companies with a Debt-to-Equity ratio of less than 1.0, means a company tends to use more equity than debt to finance operations which is generally less risky than firms whose Debt-to-Equity ratio is greater than 1.0.\nOperating cash flow in the quarter was negative $33.6 million, improving $20 million compared to the first quarter of 2021 and the number includes a $4.3 million negative impact from a payment associated with the buildup of the wagering business.\nGuidance\nSource:FuboTV Q2 2021 Shareholder Letter\nOne important take-away from this guidance is that it doesn't include any revenue from the Fubo Sportsbook that's still expected to launch in Q4 and even without that addition, fuboTV increased their revenue and subscriber guidance for the full year 2021.\nMore On Advertising\nTwo things mentioned in the Q2 2021 Shareholder Letter that occurred in the quarter, was the launch of theBranded Content studioand the start of a first-party datapartnership with LiveRamp(NYSE:RAMP). Both news items were first announced beforethis year upfronts.\nThe Branded Content Studio allows advertisers to be able to collaborate with fuboTV's creative team to build short or long form custom branded content to air on the Fubo Sports Network.\nThe new data partnership with LiveRamp is designed to improve Fubo's existing addressable targeting capabilities by enabling advertisers to combine Fubo's first party data with LiveRamp's Advanced TV products, which include subscriber file matching, viewership and measurement with Data Plus Math.Data Plus Mathprovides media measurement and analytics to streaming services like FuboTV along with its advertising brand customers to determine which people are watching the ads, and matching it with other consumer behavior data.\n\n We capitalized on the high demand for CTV in this year's upfront, with buyers seeking to reach our valuable cord-cutting audience of premium paying subscribers that can't be accessed via linear TV. FuboTV's concentration of live sports content also drove outperformance on advertising in the quarter.\n\n\n Source:FuboTV Q2 2021 Shareholder Letter\n\nWagering & Interactivity\nFubo indicated in their Shareholder Letter that are on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and the CEO David Gandler also announced during the earnings call that Fubo added amarket access agreementfor their fourth state, Pennsylvania, through a partnership with theCordish Companies, a highly respected international developer of large-scale projects.\nCEO David Gandler also revealed a video on the company'sQ2 2021 Earnings Live Video Webinaron how the Sportsbook app is designed to synch with what the user is watching on fuboTV at every moment. The app is designed this way, in order to provide a highly personalized interactive betting experience for the user.\nFuboTV is all about enhancing interactivity and one of the ways that they have already done that is with their launch of predictive, free-to-play games.\nIn the Q2 Shareholder Letter, FUBO highlighted the fact that these free-to-play games are a key component of the company's overall wagering strategy because it is considered a potential customer on-ramp to the Sportsbook app and fuboTV, in general.\nThe company also plans to use the interactive, free-to-play games to measure the likelihood of customers to engage in even greater levels of interactivity on the Fubo platform. Additionally, free-to-play games have the potential to drive greater levels of adoption of the future wagering product.\nFubo's first stab at a free-to-play predictive game is theCONMEBOL Predictive Challengewhich tested a user's sports knowledge by presenting questions to be answered about each match in the South American Football Confederation (CONMEBOL) that occurred on June 3rd, 4th and 8th. The Challenge provided a chance to win a free year of fuboTV service.\nFubo used their exclusive CONMEBOL coverage to beta test their interactive game, which Fubo had integrated into their core vMVPD platform. Like most beta tests, Fubo tested this gaming experience on a select group of users to gather data on usability and to optimize the experience ahead of launching the gaming experience to a wider audience.\nAnother beta test that Fubo conducted was the new FanView feature, which is a user-initiated feature that shows supplemental, interactive information, like live game stats and scores. FanView screens are located next to and under a reduced-size video player.\nSource:FuboTV\n\n As expected, gaming proved extremely popular across the subset of users with whom we conducted our test. We saw a nice lift in viewership, with subscribers who engaged in free gaming watching CONMEBOL content for \n significantly more time per user than those that did not play.\n\n\n Source:FuboTV Q2 2021 Shareholder Letter\n\nFubo also indicated that they plan on launching the above features of interactive, free-to-play gaming and FanView to all fuboTV subscribers on multiple sports this fall. I also don't think this will be the last innovative \"first mover\" type features that fuboTV will release in the future either.\nFubo management has made commentary since theirS-1, that they were focused on building applications in traditional entertainment, sports entertainment, live events, social networking, mixed reality (AR/VR) and artificial intelligence. That focus has led the company to currently building a personalized and interactive streaming experience that the company credits for their current ability to capture market share.\nValuation\n\n\n\nCompany\nMkt Cap (BIL)\nPrice/Sales\nFree Cash Flow Margin %\nEV/Sales (FWD)\nRevenue Growth (Y/Y) %\nGross Margins %\nOperating Margins %\n\n\nRoku (ROKU)\n$50.61B\n21.70\n6.01%\n16.73\n81.18%\n52.43%\n10.71%\n\n\nDISH Network (DISH)\n$22.78B\n1.46\n16.63%\n1.93\n40.79%\n35.68%\n20.21%\n\n\nDraftKings (DKNG)\n$20.97B\n19.86\n-40.04%\n15.27\n319.6%\n37.16%\n-108%\n\n\nfuboTV (FUBO)\n$4.05B\n6.90\n-32.76\n7.87\n196%\n8%\n-61.93%\n\n\n\nFubo makes for a very interesting comparison with Roku. Fubo is currently growing faster than Roku and has a much better ARPU. The primary reason that Roku is valued so much more highly than Fubo is that there are very real worries about Fubo ever becoming profitable, while Roku is already profitable.\nSource: Yahoo Finance\nThe above is based on 8 Wall Street analysts offering 12-month price targets for fuboTV in the last 3 months. The average price target is $39.50 with a high forecast of $60.00 and a low forecast of $26.00. The average price target represents a 37% increase from the last price of $28.83.\nConclusion\nThe results from the latest quarter seems to have the Bears on the run, although as I write this the stock is down 10% in reaction to news that the company plans a$500 million stock offering.\nFuboTV is still a speculative stock but each quarter of results makes it look increasingly more likely that the company will both be able to sustain growth and eventually become profitable. If Fubo also successfully launches its wagering business in Q4, then the stock could wind up one of the better performers in 2021, as it could force many short sellers to concede defeat.\nI look at the pullback in stock price as a reason for aggressive growth investors to buy Fubo after such an excellent quarter that shows progress on all fronts and includes an increase of full year guidance.\nFubo was once a company that I only had a little conviction about but I am becoming increasingly more confident in the company's long-term prospects, as Fubo does nothing but strongly execute on its business plan that was first laid out in itsS-1filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804750678,"gmtCreate":1627982279594,"gmtModify":1633754666776,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Will baba fall further??","listText":"Will baba fall further??","text":"Will baba fall further??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804750678","isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804615726,"gmtCreate":1627953812265,"gmtModify":1633754951652,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"What does this means??","listText":"What does this means??","text":"What does this means??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804615726","repostId":"1196431673","repostType":4,"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808180360,"gmtCreate":1627564879150,"gmtModify":1633763767823,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808180360","repostId":"1198546715","repostType":4,"repost":{"id":"1198546715","kind":"news","pubTimestamp":1627562631,"share":"https://www.laohu8.com/m/news/1198546715?lang=&edition=full","pubTime":"2021-07-29 20:43","market":"us","language":"en","title":"PayPal: Looking Beyond eBay's Impact","url":"https://stock-news.laohu8.com/highlight/detail?id=1198546715","media":"seekingalpha","summary":"Summary\n\nPayPal's Q3 2021 guidance took investors by surprise.\nPayPal contends that asides from eBay","content":"<p><b>Summary</b></p>\n<ul>\n <li>PayPal's Q3 2021 guidance took investors by surprise.</li>\n <li>PayPal contends that asides from eBay Marketplace's migration off PayPal, its underlying business is performing very strongly.</li>\n <li>PayPal is priced at 13x sales. This is very attractively priced for such an entrenched high-quality payment solution platform.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4532465490efbc958deb5f9d66d7669\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>JasonDoiy/iStock Unreleased via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>PayPal's (PYPL) guidance for Q3 is pointing towards a marked deceleration where its revenues are expected to grow approximately 14% y/y. However, this is predominantly due to eBay (EBAY) Marketplace exiting PayPal's platform.</p>\n<p>For context, this will be a meaningful headwind of approximately 850 basis points during Q3, and it will slowly reduce its impact during Q4 2021.</p>\n<p>However, putting aside eBay's impact, PayPal's core operations remain strong and PayPal is still expected to grow by 20% this year,<i>including</i>e&nbsp;Bay's headwind.</p>\n<p>What's more, PayPal is expected to bring in $5 billion of free cash flow this year, putting the stock trading at 74x free cash flow.</p>\n<p>In short, investors have no reason to be dissatisfied with this quarter's performance. PayPal is an attractive investment opportunity.</p>\n<p><b>Investor Sentiment Going Into Earnings</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fd702cef3486de22aca83e1d46bb8d2\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>As you can see above, contrary to countless other fast-growing names, PayPal had actually had a very strong run-up in its shares since May.</p>\n<p>Hence, given this backdrop where investors had such high expectations from PayPal, any mishap during the quarter was obviously going to take the share price down.</p>\n<p>Now, let's get into its results.</p>\n<p><b>Revenue Growth Rates Slow Down, With a But</b></p>\n<p><img src=\"https://static.tigerbbs.com/6a55f4abe65fb78fef6b67c43fc1c4d1\" tg-width=\"640\" tg-height=\"285\" width=\"100%\" height=\"auto\"></p>\n<p>The big takeaway is that PayPal is reaffirming its guidance for 20% y/y in 2021. Having said that, the elephant in the room is that Q2 2021 saw just 19% y/y revenue growth rates.</p>\n<p>Given that during Q1 its revenue had just grown by its&nbsp;fastest rate&nbsp;in PayPal's history, investors were minimally expecting PayPal to continue that momentum and shine this quarter. After all, this is a company that has a long history of delivering positive results and easily beating its guidance.</p>\n<p><i>At the core of the after-hours reaction, we have to keep in mind that this is a company that buy-and-hold investors perceived as ''safe'' and one that ''shouldn't'' have negative surprises.</i></p>\n<p>Hence, this rare weak quarter is more likely than not to be met by not only heavy selling in the coming days, and I fully suspect that the media will all over this stock reporting how PayPal has lost its flow.</p>\n<p>PayPal's CEO Dan Schulman points out that eBay was a headwind for PayPal during the quarter as eBay Marketplaces stopped being served by PayPal.</p>\n<p>What's more, PayPal declares that eBay Marketplaces accounted for roughly&nbsp;8% revenue growth&nbsp;rate headwind, which is particularly noticeable given the strong performance in the same period a year ago.</p>\n<p><img src=\"https://static.tigerbbs.com/f36be5e188e36aeb4bca359735c818fa\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"></p>\n<p>This is what PayPal's CFO John Rainey said during the call:</p>\n<blockquote>\n <i>So last year in the second quarter, we grew revenue 22%, and in that number, there was a benefit of 5 percentage points of growth from eBay. So 22% revenue growth for 5 percentage points of benefit from eBay. This year in the second quarter, we grew revenue 19% and that number included 800 or 8 percentage points of headwind related to eBay's business.</i>\n</blockquote>\n<p>Looking ahead, PayPal&nbsp;highlighted during the call&nbsp;that by year-end, eBay's total payment volume (''TPV'') will account for just 2.5% of PayPal TPV by year-end.</p>\n<p>What's more, during Q2 2021, putting aside eBay's headwind, PayPal's revenue would have been up 32% y/y. Given that eBay will have migrated to its own payment solutions by Q4 2021, investors won't have to be patient too long until PayPal is once again reporting strong revenue growth rates.</p>\n<p>Indeed, asides from eBay there's a lot to be attracted to here.</p>\n<p><b>PayPal's Diverse Product Portfolio in 2021</b></p>\n<p>The biggest launch during the quarter was Zettle in the U.S. This is a digital point-of-sale card payment solution. Although it arrives into a very crowded space arguably a little late in the game.</p>\n<p>Having said that, Venmo was also a latecomer to the digital wallet space and that hasn't stopped Venmo's performance in Q2 2021 growing its total payment volume by 58% y/y to $58 billion. This translated into Venmo increasing its revenues by 70% y/y.</p>\n<p>Venmo's performance during Q2 2021 was driven by robust crypto trading on the platform.</p>\n<p>Also, PayPal's Buy Now, Pay Later is resonating with consumers and merchants with momentum accelerating sequentially from Q1 2021 to Q2 by 50%.</p>\n<p>Altogether, despite investing in different products launches, PayPal still generates strong free cash flows.</p>\n<p><b>PayPal is a Free Cash Flow Machine</b></p>\n<p><img src=\"https://static.tigerbbs.com/bf0733d4c917e606b41fdf9a31c91d13\" tg-width=\"322\" tg-height=\"364\" width=\"100%\" height=\"auto\"></p>\n<p>During Q2 2021, PayPal's free cash flow was down 33% y/y to $1 billion. Obviously, when taken together with its lackluster top-line growth rate during Q2 2021 this doesn't paint a particularly impressive picture of PayPal's performance.</p>\n<p>On the other hand, consistent with its previous two quarters, PayPal once more reaffirmed its free cash flow guidance for $5 billion in 2021. Demonstrating that aside from the impact of eBay's migration, PayPal's free cash flow performance in 2021 remains unchanged from the start of the year.</p>\n<p><b>Valuation - Not Expensively Valued</b></p>\n<p>High-quality stocks rarely come cheaply towards the end of a very long bull market.</p>\n<p>In a market where many companies are highly unprofitable and with middle-of-the-road revenue growth rates, PayPal is not only growing by 20% CAGR this year, but it's expected to grow at an even faster rate<i>next year</i>, while also generating ample free cash flow.</p>\n<p>There aren't too many companies out there as entrenched as PayPal in fintech priced at 74x free cash flow.</p>\n<p>On the surface, this may appear expensive, but readers should keep in mind that this is free cash flows and not a sales multiple.</p>\n<p>Meanwhile, for context, on a sales multiple, PayPal trades at 13x sales.</p>\n<p><b>The Bottom Line</b></p>\n<p>PayPal's Q3 guidance took many investors by surprise, particularly given that this blue-chip household name rarely misfires. However, its underlying performance remains very strong.</p>\n<p>Given its strong free cash flow generation, and approximately mid-20s% CAGR expected next year, I believe that this stock is cheaply valued at just 13x sales.</p>\n<p>However, since there are so many high-growth small-cap stocks that are now heavily into correction territory, I believe that there are even better investment opportunities elsewhere.</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>PayPal: Looking Beyond eBay's Impact</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\">\nPayPal: Looking Beyond eBay's Impact\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 20:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4442390-paypal-q2-2021-earnings-results-looking-beyond-ebay-impact><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPayPal's Q3 2021 guidance took investors by surprise.\nPayPal contends that asides from eBay Marketplace's migration off PayPal, its underlying business is performing very strongly.\nPayPal is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4442390-paypal-q2-2021-earnings-results-looking-beyond-ebay-impact\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://seekingalpha.com/article/4442390-paypal-q2-2021-earnings-results-looking-beyond-ebay-impact","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198546715","content_text":"Summary\n\nPayPal's Q3 2021 guidance took investors by surprise.\nPayPal contends that asides from eBay Marketplace's migration off PayPal, its underlying business is performing very strongly.\nPayPal is priced at 13x sales. This is very attractively priced for such an entrenched high-quality payment solution platform.\n\nJasonDoiy/iStock Unreleased via Getty Images\nInvestment Thesis\nPayPal's (PYPL) guidance for Q3 is pointing towards a marked deceleration where its revenues are expected to grow approximately 14% y/y. However, this is predominantly due to eBay (EBAY) Marketplace exiting PayPal's platform.\nFor context, this will be a meaningful headwind of approximately 850 basis points during Q3, and it will slowly reduce its impact during Q4 2021.\nHowever, putting aside eBay's impact, PayPal's core operations remain strong and PayPal is still expected to grow by 20% this year,includinge Bay's headwind.\nWhat's more, PayPal is expected to bring in $5 billion of free cash flow this year, putting the stock trading at 74x free cash flow.\nIn short, investors have no reason to be dissatisfied with this quarter's performance. PayPal is an attractive investment opportunity.\nInvestor Sentiment Going Into Earnings\nData by YCharts\nAs you can see above, contrary to countless other fast-growing names, PayPal had actually had a very strong run-up in its shares since May.\nHence, given this backdrop where investors had such high expectations from PayPal, any mishap during the quarter was obviously going to take the share price down.\nNow, let's get into its results.\nRevenue Growth Rates Slow Down, With a But\n\nThe big takeaway is that PayPal is reaffirming its guidance for 20% y/y in 2021. Having said that, the elephant in the room is that Q2 2021 saw just 19% y/y revenue growth rates.\nGiven that during Q1 its revenue had just grown by its fastest rate in PayPal's history, investors were minimally expecting PayPal to continue that momentum and shine this quarter. After all, this is a company that has a long history of delivering positive results and easily beating its guidance.\nAt the core of the after-hours reaction, we have to keep in mind that this is a company that buy-and-hold investors perceived as ''safe'' and one that ''shouldn't'' have negative surprises.\nHence, this rare weak quarter is more likely than not to be met by not only heavy selling in the coming days, and I fully suspect that the media will all over this stock reporting how PayPal has lost its flow.\nPayPal's CEO Dan Schulman points out that eBay was a headwind for PayPal during the quarter as eBay Marketplaces stopped being served by PayPal.\nWhat's more, PayPal declares that eBay Marketplaces accounted for roughly 8% revenue growth rate headwind, which is particularly noticeable given the strong performance in the same period a year ago.\n\nThis is what PayPal's CFO John Rainey said during the call:\n\nSo last year in the second quarter, we grew revenue 22%, and in that number, there was a benefit of 5 percentage points of growth from eBay. So 22% revenue growth for 5 percentage points of benefit from eBay. This year in the second quarter, we grew revenue 19% and that number included 800 or 8 percentage points of headwind related to eBay's business.\n\nLooking ahead, PayPal highlighted during the call that by year-end, eBay's total payment volume (''TPV'') will account for just 2.5% of PayPal TPV by year-end.\nWhat's more, during Q2 2021, putting aside eBay's headwind, PayPal's revenue would have been up 32% y/y. Given that eBay will have migrated to its own payment solutions by Q4 2021, investors won't have to be patient too long until PayPal is once again reporting strong revenue growth rates.\nIndeed, asides from eBay there's a lot to be attracted to here.\nPayPal's Diverse Product Portfolio in 2021\nThe biggest launch during the quarter was Zettle in the U.S. This is a digital point-of-sale card payment solution. Although it arrives into a very crowded space arguably a little late in the game.\nHaving said that, Venmo was also a latecomer to the digital wallet space and that hasn't stopped Venmo's performance in Q2 2021 growing its total payment volume by 58% y/y to $58 billion. This translated into Venmo increasing its revenues by 70% y/y.\nVenmo's performance during Q2 2021 was driven by robust crypto trading on the platform.\nAlso, PayPal's Buy Now, Pay Later is resonating with consumers and merchants with momentum accelerating sequentially from Q1 2021 to Q2 by 50%.\nAltogether, despite investing in different products launches, PayPal still generates strong free cash flows.\nPayPal is a Free Cash Flow Machine\n\nDuring Q2 2021, PayPal's free cash flow was down 33% y/y to $1 billion. Obviously, when taken together with its lackluster top-line growth rate during Q2 2021 this doesn't paint a particularly impressive picture of PayPal's performance.\nOn the other hand, consistent with its previous two quarters, PayPal once more reaffirmed its free cash flow guidance for $5 billion in 2021. Demonstrating that aside from the impact of eBay's migration, PayPal's free cash flow performance in 2021 remains unchanged from the start of the year.\nValuation - Not Expensively Valued\nHigh-quality stocks rarely come cheaply towards the end of a very long bull market.\nIn a market where many companies are highly unprofitable and with middle-of-the-road revenue growth rates, PayPal is not only growing by 20% CAGR this year, but it's expected to grow at an even faster ratenext year, while also generating ample free cash flow.\nThere aren't too many companies out there as entrenched as PayPal in fintech priced at 74x free cash flow.\nOn the surface, this may appear expensive, but readers should keep in mind that this is free cash flows and not a sales multiple.\nMeanwhile, for context, on a sales multiple, PayPal trades at 13x sales.\nThe Bottom Line\nPayPal's Q3 guidance took many investors by surprise, particularly given that this blue-chip household name rarely misfires. However, its underlying performance remains very strong.\nGiven its strong free cash flow generation, and approximately mid-20s% CAGR expected next year, I believe that this stock is cheaply valued at just 13x sales.\nHowever, since there are so many high-growth small-cap stocks that are now heavily into correction territory, I believe that there are even better investment opportunities elsewhere.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":801019440,"gmtCreate":1627472265580,"gmtModify":1633764699625,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/801019440","repostId":"2154925597","repostType":4,"repost":{"id":"2154925597","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":1627469583,"share":"https://www.laohu8.com/m/news/2154925597?lang=&edition=full","pubTime":"2021-07-28 18:53","market":"us","language":"en","title":"Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln","url":"https://stock-news.laohu8.com/highlight/detail?id=2154925597","media":"Reuters","summary":"July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine th","content":"<p>July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech&nbsp;by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.</p>\n<p>The company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.</p>\n<p>The drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.</p>\n<p>Since then, Pfizer has said it expects to produce as much as 3 billion doses this year.</p>\n<p>Expenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.</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>Pfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln</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\">\nPfizer raises estimates for 2021 sales of COVID-19 vaccine to $33.5 bln\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\">2021-07-28 18:53</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech&nbsp;by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.</p>\n<p>The company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.</p>\n<p>The drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.</p>\n<p>Since then, Pfizer has said it expects to produce as much as 3 billion doses this year.</p>\n<p>Expenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154925597","content_text":"July 28 (Reuters) - Pfizer Inc on Wednesday raised its forecast for sales of the COVID-19 vaccine that it developed with Germany's BioNTech by 28.8% to $33.5 billion, as countries scramble to secure supply of the shots.\nThe company said the raised sales forecast of the vaccine is based on signed deals for 2.1 billion doses this year.\nThe drugmaker's previous forecast in May of $26 billion was based on deals signed for 1.6 billion doses. Wall Street analysts were broadly in line with that forecast at $28.51 billion, according to nine analysts polled by Refinitiv.\nSince then, Pfizer has said it expects to produce as much as 3 billion doses this year.\nExpenses and profit from the vaccine are split 50-50 between Pfizer and BioNTech.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177226188,"gmtCreate":1627226291944,"gmtModify":1633767044410,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/177226188","repostId":"2153388319","repostType":4,"repost":{"id":"2153388319","kind":"highlight","pubTimestamp":1627088419,"share":"https://www.laohu8.com/m/news/2153388319?lang=&edition=full","pubTime":"2021-07-24 09:00","market":"us","language":"en","title":"Here are Wall Street's favorite big tech stocks as the Nasdaq closes in on another milestone","url":"https://stock-news.laohu8.com/highlight/detail?id=2153388319","media":"MarketWatch","summary":"As the Nasdaq Composite Index nears 15,000, analysts see upside for Activision Blizzard, Netflix and","content":"<p>As the Nasdaq Composite Index nears 15,000, analysts see upside for Activision Blizzard, Netflix and Baidu, among others</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4c007522d36ee30fcaeab059a92a280e\" tg-width=\"700\" tg-height=\"485\" width=\"100%\" height=\"auto\"><span>Some 88% of analysts rate Activision Blizzard \"buy,\" and their consensus price target is 27% above the stock's closing price July 23. (Getty Images)</span></p>\n<p>All three of the major U.S. stock indexes hit records Friday, and the Nasdaq Composite Index might reach its next milestone -- 15,000 -- next week.</p>\n<p>Below is a list of stocks whose gains have powered the Nasdaq Composite Index's gains this year, along with another list of analysts' favorite stocks among the Nasdaq-100 Index .</p>\n<p>Here's a summary of Friday's action:</p>\n<p>(Note: All price changes in this article exclude dividends.)</p>\n<p><b>Nasdaq-100 winners for 2021</b></p>\n<p>The Nasdaq-100 Index is made up of the 100 largest non-financial companies by market capitalization in the full Nasdaq Composite Index. It is reconstituted each year in December. Both indexes are weighted by market cap, and the Nasdaq-100's market cap of $17.21 trillion is about 73% of the full index. So most of the full Nasdaq's performance is represented by the Nasdaq-100, which is tracked by the Invesco QQQ Trust <a href=\"https://laohu8.com/S/QQQ\">$(QQQ)$</a>.</p>\n<p>Here are the 10 stocks among the Nasdaq-100 that have risen the most during 2021 through July 23:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Price change -- 2021</td>\n   <td>Price change -- July 23</td>\n   <td>52-week high</td>\n   <td>Date of 52-week high</td>\n   <td>Decline from 52-week high</td>\n  </tr>\n  <tr>\n   <td>Moderna Inc. MRNA</td>\n   <td>233.9%</td>\n   <td>7.8%</td>\n   <td>$349.45</td>\n   <td>07/23/2021</td>\n   <td>-0.2%</td>\n  </tr>\n  <tr>\n   <td>Applied Materials Inc. AMAT</td>\n   <td>60.4%</td>\n   <td>0.9%</td>\n   <td>$146.00</td>\n   <td>04/05/2021</td>\n   <td>-5.2%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class C GOOG</td>\n   <td>57.3%</td>\n   <td>3.4%</td>\n   <td>$2,776.17</td>\n   <td>07/23/2021</td>\n   <td>-0.7%</td>\n  </tr>\n  <tr>\n   <td>ASML Holding NV ADR ASML</td>\n   <td>53.4%</td>\n   <td>2.5%</td>\n   <td>$756.78</td>\n   <td>07/23/2021</td>\n   <td>-1.1%</td>\n  </tr>\n  <tr>\n   <td>Alphabet Inc. Class A GOOGL</td>\n   <td>51.8%</td>\n   <td>3.6%</td>\n   <td>$2,667.98</td>\n   <td>07/23/2021</td>\n   <td>-0.3%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp.</td>\n   <td>49.8%</td>\n   <td>-0.2%</td>\n   <td>$208.75</td>\n   <td>07/07/2021</td>\n   <td>-6.3%</td>\n  </tr>\n  <tr>\n   <td>EBay Inc. EBAY</td>\n   <td>46.3%</td>\n   <td>2.1%</td>\n   <td>$73.77</td>\n   <td>07/23/2021</td>\n   <td>-0.3%</td>\n  </tr>\n  <tr>\n   <td>Intuit Inc. INTU</td>\n   <td>39.1%</td>\n   <td>1.4%</td>\n   <td>$532.33</td>\n   <td>07/23/2021</td>\n   <td>-0.7%</td>\n  </tr>\n  <tr>\n   <td>Idexx Laboratories Inc. IDXX</td>\n   <td>38.8%</td>\n   <td>1.6%</td>\n   <td>$696.35</td>\n   <td>07/23/2021</td>\n   <td>-0.4%</td>\n  </tr>\n  <tr>\n   <td>DocuSign Inc. DOCU</td>\n   <td>38.8%</td>\n   <td>0.2%</td>\n   <td>$310.51</td>\n   <td>07/22/2021</td>\n   <td>-0.6%</td>\n  </tr>\n  <tr>\n   <td>CDW Corp. CDW</td>\n   <td>37.3%</td>\n   <td>2.0%</td>\n   <td>$184.58</td>\n   <td>04/16/2021</td>\n   <td>-2.0%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Actually, there are 11 stocks on the list because the index includes Alphabet Inc.'s Class C <a href=\"https://laohu8.com/S/GOOGL\">$(GOOGL)$</a> and Class A (GOOGL) shares.</p>\n<p>Seven of those stocks hit 52-week highs July 23.</p>\n<p><b>Wall Street's favorite stocks in the Nasdaq-100</b></p>\n<p>Here are the 10 stocks in the Nasdaq-100 with \"buy\" or equivalent ratings among at least 75% of analysts polled by FactSet, with the most 12-month upside potential implied by consensus price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Closing price -- July 23</td>\n   <td>Consensus price target</td>\n   <td>Implied 12-month upside potential</td>\n   <td>Price change -- July 23</td>\n   <td>Price change -- 2021</td>\n  </tr>\n  <tr>\n   <td>Baidu Inc. ADR Class A BIDU</td>\n   <td>86%</td>\n   <td>$172.66</td>\n   <td>$311.92</td>\n   <td>81%</td>\n   <td>-3.3%</td>\n   <td>-20.2%</td>\n  </tr>\n  <tr>\n   <td>Micron Technology Inc. MU</td>\n   <td>88%</td>\n   <td>$75.94</td>\n   <td>$121.25</td>\n   <td>60%</td>\n   <td>0.5%</td>\n   <td>1.0%</td>\n  </tr>\n  <tr>\n   <td>JD.com Inc. ADR Class A JD</td>\n   <td>91%</td>\n   <td>$72.29</td>\n   <td>$98.15</td>\n   <td>36%</td>\n   <td>-4.8%</td>\n   <td>-17.8%</td>\n  </tr>\n  <tr>\n   <td>NetEase Inc. ADR</td>\n   <td>86%</td>\n   <td>$103.53</td>\n   <td>$134.54</td>\n   <td>30%</td>\n   <td>-8.0%</td>\n   <td>8.1%</td>\n  </tr>\n  <tr>\n   <td>Vertex Pharmaceuticals Inc. VRTX</td>\n   <td>78%</td>\n   <td>$200.50</td>\n   <td>$259.71</td>\n   <td>30%</td>\n   <td>2.3%</td>\n   <td>-15.2%</td>\n  </tr>\n  <tr>\n   <td>Microchip Technology Inc. MCHP</td>\n   <td>76%</td>\n   <td>$139.22</td>\n   <td>$177.14</td>\n   <td>27%</td>\n   <td>0.6%</td>\n   <td>0.8%</td>\n  </tr>\n  <tr>\n   <td>Activision Blizzard Inc. ATVI</td>\n   <td>88%</td>\n   <td>$91.50</td>\n   <td>$116.09</td>\n   <td>27%</td>\n   <td>1.1%</td>\n   <td>-1.5%</td>\n  </tr>\n  <tr>\n   <td>Fiserv Inc. FISV</td>\n   <td>85%</td>\n   <td>$111.79</td>\n   <td>$141.27</td>\n   <td>26%</td>\n   <td>1.6%</td>\n   <td>-1.8%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MELI\">MercadoLibre</a> Inc. MELI</td>\n   <td>78%</td>\n   <td>$1,613.81</td>\n   <td>$2,021.37</td>\n   <td>25%</td>\n   <td>1.4%</td>\n   <td>-3.7%</td>\n  </tr>\n  <tr>\n   <td>Netflix Inc. NFLX</td>\n   <td>78%</td>\n   <td>$515.41</td>\n   <td>$619.67</td>\n   <td>20%</td>\n   <td>0.7%</td>\n   <td>-4.7%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Chinese stocks listed in the U.S. took a beating Friday, and you can see from the three on this list (Baidu Inc. (K3SD.SG), JD.com Inc. <a href=\"https://laohu8.com/S/JD\">$(JD)$</a> and NetEase Inc. <a href=\"https://laohu8.com/S/NTES\">$(NTES)$</a>) that this hasn't been a good year for the group. Therese Poletti explained why.</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>Here are Wall Street's favorite big tech stocks as the Nasdaq closes in on another milestone</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 Wall Street's favorite big tech stocks as the Nasdaq closes in on another milestone\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-24 09:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/here-are-wall-streets-favorite-big-tech-stocks-as-the-nasdaq-closes-in-on-another-milestone-11627074982?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As the Nasdaq Composite Index nears 15,000, analysts see upside for Activision Blizzard, Netflix and Baidu, among others\nSome 88% of analysts rate Activision Blizzard \"buy,\" and their consensus price ...</p>\n\n<a href=\"https://www.marketwatch.com/story/here-are-wall-streets-favorite-big-tech-stocks-as-the-nasdaq-closes-in-on-another-milestone-11627074982?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":{"PSQ":"纳指反向ETF","NFLX":"奈飞","QLD":"纳指两倍做多ETF","TQQQ":"纳指三倍做多ETF","SQQQ":"纳指三倍做空ETF","MU":"美光科技","QQQ":"纳指100ETF",".IXIC":"NASDAQ Composite","QID":"纳指两倍做空ETF","BIDU":"百度","NDAQ":"纳斯达克OMX交易所","JD":"京东"},"source_url":"https://www.marketwatch.com/story/here-are-wall-streets-favorite-big-tech-stocks-as-the-nasdaq-closes-in-on-another-milestone-11627074982?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153388319","content_text":"As the Nasdaq Composite Index nears 15,000, analysts see upside for Activision Blizzard, Netflix and Baidu, among others\nSome 88% of analysts rate Activision Blizzard \"buy,\" and their consensus price target is 27% above the stock's closing price July 23. (Getty Images)\nAll three of the major U.S. stock indexes hit records Friday, and the Nasdaq Composite Index might reach its next milestone -- 15,000 -- next week.\nBelow is a list of stocks whose gains have powered the Nasdaq Composite Index's gains this year, along with another list of analysts' favorite stocks among the Nasdaq-100 Index .\nHere's a summary of Friday's action:\n(Note: All price changes in this article exclude dividends.)\nNasdaq-100 winners for 2021\nThe Nasdaq-100 Index is made up of the 100 largest non-financial companies by market capitalization in the full Nasdaq Composite Index. It is reconstituted each year in December. Both indexes are weighted by market cap, and the Nasdaq-100's market cap of $17.21 trillion is about 73% of the full index. So most of the full Nasdaq's performance is represented by the Nasdaq-100, which is tracked by the Invesco QQQ Trust $(QQQ)$.\nHere are the 10 stocks among the Nasdaq-100 that have risen the most during 2021 through July 23:\n\n\n\nCompany\nPrice change -- 2021\nPrice change -- July 23\n52-week high\nDate of 52-week high\nDecline from 52-week high\n\n\nModerna Inc. MRNA\n233.9%\n7.8%\n$349.45\n07/23/2021\n-0.2%\n\n\nApplied Materials Inc. AMAT\n60.4%\n0.9%\n$146.00\n04/05/2021\n-5.2%\n\n\nAlphabet Inc. Class C GOOG\n57.3%\n3.4%\n$2,776.17\n07/23/2021\n-0.7%\n\n\nASML Holding NV ADR ASML\n53.4%\n2.5%\n$756.78\n07/23/2021\n-1.1%\n\n\nAlphabet Inc. Class A GOOGL\n51.8%\n3.6%\n$2,667.98\n07/23/2021\n-0.3%\n\n\nNvidia Corp.\n49.8%\n-0.2%\n$208.75\n07/07/2021\n-6.3%\n\n\nEBay Inc. EBAY\n46.3%\n2.1%\n$73.77\n07/23/2021\n-0.3%\n\n\nIntuit Inc. INTU\n39.1%\n1.4%\n$532.33\n07/23/2021\n-0.7%\n\n\nIdexx Laboratories Inc. IDXX\n38.8%\n1.6%\n$696.35\n07/23/2021\n-0.4%\n\n\nDocuSign Inc. DOCU\n38.8%\n0.2%\n$310.51\n07/22/2021\n-0.6%\n\n\nCDW Corp. CDW\n37.3%\n2.0%\n$184.58\n04/16/2021\n-2.0%\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\nActually, there are 11 stocks on the list because the index includes Alphabet Inc.'s Class C $(GOOGL)$ and Class A (GOOGL) shares.\nSeven of those stocks hit 52-week highs July 23.\nWall Street's favorite stocks in the Nasdaq-100\nHere are the 10 stocks in the Nasdaq-100 with \"buy\" or equivalent ratings among at least 75% of analysts polled by FactSet, with the most 12-month upside potential implied by consensus price targets:\n\n\n\nCompany\nShare \"buy\" ratings\nClosing price -- July 23\nConsensus price target\nImplied 12-month upside potential\nPrice change -- July 23\nPrice change -- 2021\n\n\nBaidu Inc. ADR Class A BIDU\n86%\n$172.66\n$311.92\n81%\n-3.3%\n-20.2%\n\n\nMicron Technology Inc. MU\n88%\n$75.94\n$121.25\n60%\n0.5%\n1.0%\n\n\nJD.com Inc. ADR Class A JD\n91%\n$72.29\n$98.15\n36%\n-4.8%\n-17.8%\n\n\nNetEase Inc. ADR\n86%\n$103.53\n$134.54\n30%\n-8.0%\n8.1%\n\n\nVertex Pharmaceuticals Inc. VRTX\n78%\n$200.50\n$259.71\n30%\n2.3%\n-15.2%\n\n\nMicrochip Technology Inc. MCHP\n76%\n$139.22\n$177.14\n27%\n0.6%\n0.8%\n\n\nActivision Blizzard Inc. ATVI\n88%\n$91.50\n$116.09\n27%\n1.1%\n-1.5%\n\n\nFiserv Inc. FISV\n85%\n$111.79\n$141.27\n26%\n1.6%\n-1.8%\n\n\nMercadoLibre Inc. MELI\n78%\n$1,613.81\n$2,021.37\n25%\n1.4%\n-3.7%\n\n\nNetflix Inc. NFLX\n78%\n$515.41\n$619.67\n20%\n0.7%\n-4.7%\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\n\nChinese stocks listed in the U.S. took a beating Friday, and you can see from the three on this list (Baidu Inc. (K3SD.SG), JD.com Inc. $(JD)$ and NetEase Inc. $(NTES)$) that this hasn't been a good year for the group. Therese Poletti explained why.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175090042,"gmtCreate":1626997606786,"gmtModify":1633769024468,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175090042","repostId":"2153670096","repostType":4,"repost":{"id":"2153670096","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626996120,"share":"https://www.laohu8.com/m/news/2153670096?lang=&edition=full","pubTime":"2021-07-23 07:22","market":"us","language":"en","title":"Intel stock ticks lower as outlook barely clears Wall Street expectations following beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2153670096","media":"Dow Jones","summary":"Revenue tops estimates while declining for fourth straight quarter\nIntel Corp. shares weakened in th","content":"<p>Revenue tops estimates while declining for fourth straight quarter</p>\n<p>Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall Street analysts.</p>\n<p>Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> shares were last down 1% in the extended session, following an initial 3% uptick in after-hours trading. Shares closed down 0.5% in the regular session at $55.96.</p>\n<p>Intel reported second-quarter net income of $5.06 billion, or $1.24 a share, compared with $5.11 billion, or $1.19 a share, in the year-ago period. After adjusting for acquisition-related expenses and other items, Intel reported earnings of $1.28 a share, compared with $1.23 a share from a year ago.</p>\n<p>Revenue declined to $19.63 billion from $19.73 billion in the year-ago quarter, for a fourth straight quarter of year-over-year revenue declines, but topped its own and analysts' estimates. Excluding the company's memory business, revenue was $18.5 billion. Analysts had estimated adjusted earnings of $1.07 a share on revenue of $17.81 billion, while Intel had forecast adjusted earnings of $1.05 a share on revenue of $18.9 billion, or $17.8 billion when removing the memory business it was divesting.</p>\n<p>\"Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,\" said Intel Chief Executive Pat Gelsinger in a statement.</p>\n<p>For the third quarter, Intel forecast revenue of about $19.1 billion, or $18.2 billion when removing the memory business, and GAAP earnings of $1.08 a share and non-GAAP earnings of $1.10 a share. Analysts on average expected adjusted third-quarter earnings of $1.09 a share on revenue of $18.11 billion.</p>\n<p>Intel's data-center group revenue declined 9% to $6.5 billion, while analysts surveyed by FactSet expected $5.84 billion.</p>\n<p>Intel's largest segment -- client-computing, the traditional PC group -- rose 6% to $10.1 billion, with analysts expecting $10.03 billion.</p>\n<p>Intel reported that nonvolatile memory-solutions revenue fell 34% to $1.1 billion, while Wall Street expected $690.8 million, and \"Internet of Things,\" or IoT, revenue rose 47% to $984 million, compared with an expected $901.5 million. <a href=\"https://laohu8.com/S/MBLY\">Mobileye</a> revenue soared 124% to $327 million, but the Street had expected $361.4 million.</p>\n<p>Over the past 12 months, Intel stock has fallen 8%. Over the same period, the Dow Jones Industrial Average -- which counts Intel as a component -- has gained 29%, the S&amp;P 500 index has climbed 33%, the tech-heavy Nasdaq Composite Index has advanced 37%, and the PHLX Semiconductor Index has surged 55%.</p>\n<p>On Wednesday, Texas Instruments Inc. <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a>kicked off earnings season for U.S. chip makers, amid a global semiconductor shortage.</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>Intel stock ticks lower as outlook barely clears Wall Street expectations following beat</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\">\nIntel stock ticks lower as outlook barely clears Wall Street expectations following beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-23 07:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Revenue tops estimates while declining for fourth straight quarter</p>\n<p>Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall Street analysts.</p>\n<p>Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> shares were last down 1% in the extended session, following an initial 3% uptick in after-hours trading. Shares closed down 0.5% in the regular session at $55.96.</p>\n<p>Intel reported second-quarter net income of $5.06 billion, or $1.24 a share, compared with $5.11 billion, or $1.19 a share, in the year-ago period. After adjusting for acquisition-related expenses and other items, Intel reported earnings of $1.28 a share, compared with $1.23 a share from a year ago.</p>\n<p>Revenue declined to $19.63 billion from $19.73 billion in the year-ago quarter, for a fourth straight quarter of year-over-year revenue declines, but topped its own and analysts' estimates. Excluding the company's memory business, revenue was $18.5 billion. Analysts had estimated adjusted earnings of $1.07 a share on revenue of $17.81 billion, while Intel had forecast adjusted earnings of $1.05 a share on revenue of $18.9 billion, or $17.8 billion when removing the memory business it was divesting.</p>\n<p>\"Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,\" said Intel Chief Executive Pat Gelsinger in a statement.</p>\n<p>For the third quarter, Intel forecast revenue of about $19.1 billion, or $18.2 billion when removing the memory business, and GAAP earnings of $1.08 a share and non-GAAP earnings of $1.10 a share. Analysts on average expected adjusted third-quarter earnings of $1.09 a share on revenue of $18.11 billion.</p>\n<p>Intel's data-center group revenue declined 9% to $6.5 billion, while analysts surveyed by FactSet expected $5.84 billion.</p>\n<p>Intel's largest segment -- client-computing, the traditional PC group -- rose 6% to $10.1 billion, with analysts expecting $10.03 billion.</p>\n<p>Intel reported that nonvolatile memory-solutions revenue fell 34% to $1.1 billion, while Wall Street expected $690.8 million, and \"Internet of Things,\" or IoT, revenue rose 47% to $984 million, compared with an expected $901.5 million. <a href=\"https://laohu8.com/S/MBLY\">Mobileye</a> revenue soared 124% to $327 million, but the Street had expected $361.4 million.</p>\n<p>Over the past 12 months, Intel stock has fallen 8%. Over the same period, the Dow Jones Industrial Average -- which counts Intel as a component -- has gained 29%, the S&amp;P 500 index has climbed 33%, the tech-heavy Nasdaq Composite Index has advanced 37%, and the PHLX Semiconductor Index has surged 55%.</p>\n<p>On Wednesday, Texas Instruments Inc. <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a>kicked off earnings season for U.S. chip makers, amid a global semiconductor shortage.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","INTC":"英特尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153670096","content_text":"Revenue tops estimates while declining for fourth straight quarter\nIntel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall Street analysts.\nIntel $(INTC)$ shares were last down 1% in the extended session, following an initial 3% uptick in after-hours trading. Shares closed down 0.5% in the regular session at $55.96.\nIntel reported second-quarter net income of $5.06 billion, or $1.24 a share, compared with $5.11 billion, or $1.19 a share, in the year-ago period. After adjusting for acquisition-related expenses and other items, Intel reported earnings of $1.28 a share, compared with $1.23 a share from a year ago.\nRevenue declined to $19.63 billion from $19.73 billion in the year-ago quarter, for a fourth straight quarter of year-over-year revenue declines, but topped its own and analysts' estimates. Excluding the company's memory business, revenue was $18.5 billion. Analysts had estimated adjusted earnings of $1.07 a share on revenue of $17.81 billion, while Intel had forecast adjusted earnings of $1.05 a share on revenue of $18.9 billion, or $17.8 billion when removing the memory business it was divesting.\n\"Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,\" said Intel Chief Executive Pat Gelsinger in a statement.\nFor the third quarter, Intel forecast revenue of about $19.1 billion, or $18.2 billion when removing the memory business, and GAAP earnings of $1.08 a share and non-GAAP earnings of $1.10 a share. Analysts on average expected adjusted third-quarter earnings of $1.09 a share on revenue of $18.11 billion.\nIntel's data-center group revenue declined 9% to $6.5 billion, while analysts surveyed by FactSet expected $5.84 billion.\nIntel's largest segment -- client-computing, the traditional PC group -- rose 6% to $10.1 billion, with analysts expecting $10.03 billion.\nIntel reported that nonvolatile memory-solutions revenue fell 34% to $1.1 billion, while Wall Street expected $690.8 million, and \"Internet of Things,\" or IoT, revenue rose 47% to $984 million, compared with an expected $901.5 million. Mobileye revenue soared 124% to $327 million, but the Street had expected $361.4 million.\nOver the past 12 months, Intel stock has fallen 8%. Over the same period, the Dow Jones Industrial Average -- which counts Intel as a component -- has gained 29%, the S&P 500 index has climbed 33%, the tech-heavy Nasdaq Composite Index has advanced 37%, and the PHLX Semiconductor Index has surged 55%.\nOn Wednesday, Texas Instruments Inc. $(TXN)$kicked off earnings season for U.S. chip makers, amid a global semiconductor shortage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172651608,"gmtCreate":1626960439504,"gmtModify":1633769373309,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172651608","repostId":"1127427732","repostType":4,"repost":{"id":"1127427732","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":1626954531,"share":"https://www.laohu8.com/m/news/1127427732?lang=&edition=full","pubTime":"2021-07-22 19:48","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1127427732","media":"Tiger Newspress","summary":"(Julr 22) Stock futures advanced on Thursday, with investors looking to earnings and data for impetu","content":"<p>(Julr&nbsp;22)&nbsp;Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.</p>\n<p>At 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&amp;P 500 E-minis were up 6.5&nbsp;points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/6f0ee7363c9fe8efde482515ffff79ac\" tg-width=\"1242\" tg-height=\"538\" referrerpolicy=\"no-referrer\">The turnaround from the Monday selloff shows “corporations have been very resilient through all this,”&nbsp;David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”</p>\n<p>Energy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review.&nbsp;Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.</p>\n<p>Some other notable pre-market movers:</p>\n<ul>\n <li>Didi Global (DIDI) drops 3% in&nbsp;premarket&nbsp;trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.</li>\n <li>Texas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”</li>\n <li>AT&amp;T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.</li>\n <li>Dow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.</li>\n <li><a href=\"https://laohu8.com/S/CEMI\">Chembio Diagnostics</a> (CEMI) gains 9.9% and <a href=\"https://laohu8.com/S/NURO\">NeuroMetrix</a> (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.</li>\n</ul>\n<p>Elsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.</p>\n<p>Bitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.</p>\n<p>In commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.</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>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday\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\">2021-07-22 19:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Julr&nbsp;22)&nbsp;Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.</p>\n<p>At 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&amp;P 500 E-minis were up 6.5&nbsp;points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/6f0ee7363c9fe8efde482515ffff79ac\" tg-width=\"1242\" tg-height=\"538\" referrerpolicy=\"no-referrer\">The turnaround from the Monday selloff shows “corporations have been very resilient through all this,”&nbsp;David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”</p>\n<p>Energy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review.&nbsp;Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.</p>\n<p>Some other notable pre-market movers:</p>\n<ul>\n <li>Didi Global (DIDI) drops 3% in&nbsp;premarket&nbsp;trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.</li>\n <li>Texas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”</li>\n <li>AT&amp;T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.</li>\n <li>Dow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.</li>\n <li><a href=\"https://laohu8.com/S/CEMI\">Chembio Diagnostics</a> (CEMI) gains 9.9% and <a href=\"https://laohu8.com/S/NURO\">NeuroMetrix</a> (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.</li>\n</ul>\n<p>Elsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.</p>\n<p>Bitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.</p>\n<p>In commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127427732","content_text":"(Julr 22) Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.\nAt 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&P 500 E-minis were up 6.5 points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%. \nThe turnaround from the Monday selloff shows “corporations have been very resilient through all this,” David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”\nEnergy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review. Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.\nSome other notable pre-market movers:\n\nDidi Global (DIDI) drops 3% in premarket trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.\nTexas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”\nAT&T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.\nDow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.\nChembio Diagnostics (CEMI) gains 9.9% and NeuroMetrix (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.\n\nElsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.\nBitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.\nIn commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":171965577,"gmtCreate":1626702993999,"gmtModify":1633924803927,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/171965577","repostId":"2152763920","repostType":2,"repost":{"id":"2152763920","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":1626677157,"share":"https://www.laohu8.com/m/news/2152763920?lang=&edition=full","pubTime":"2021-07-19 14:45","market":"us","language":"en","title":"UPDATE 1-Taiwan approves Medigen's COVID-19 vaccine candidate","url":"https://stock-news.laohu8.com/highlight/detail?id=2152763920","media":"Reuters","summary":"(Recasts, adds details)   TAIPEI, July 19 (Reuters) - Taiwan's government on Monday approved the use","content":"<html><body><p>(Recasts, adds details)</p><p>   TAIPEI, July 19 (Reuters) - Taiwan's government on Monday approved the use and production of Medigen Vaccine Biologics Corp's    COVID-19 vaccine candidate, a major step in the island's plans to develop its own vaccines to protect against the coronavirus.</p><p>   Taiwan-based Medigen said last month it was seeking a speedy emergency use authorisation, or EUA, from the government for its vaccine candidate after safely completing Phase II trials.</p><p>   Developing its own vaccine has been a major goal of Taiwan's government, though it also has ordered some 20 million shots from Moderna Inc   , AstraZeneca and the COVAX global sharing scheme.</p><p>   The health ministry said in clinical trials in Taiwan the antibodies created by Medigen's vaccine candidate have been proven to be \"no worse than\" those created by AstraZeneca <a href=\"https://laohu8.com/S/PLC\">PLC</a></p><p>  vaccines, and that there were no major safety concerns.</p><p>   The ministry added that Medigen had to present a monthly report on safety for the vaccine candidate, MVC-COV1901, which is designed for people aged over 20, who will get two shots 28 days apart.</p><p>   Health Minister Chen Shih-chung told reporters that with the EUA approved, it would now take some time for the company to ramp up its production.</p><p>   \"There should be a small amount of supply available in August,\" he added.</p><p>   The recombinant protein vaccine has been developed in collaboration with the National Institutes of Health in the United States.</p><p>   Taiwan's government in May signed deals with Medigen, and another firm developing a domestic vaccine, UBI Pharma</p><p> , for five million doses each, and has agreements for another five million each, for a total of 20 million shots. </p><p>   The EUA for UBI's vaccine candidate is still pending.</p><p>   Taiwan has massively ramped up its vaccination programme in the last month following the donation of almost 6 million vaccine doses from Japan and the United States and the gradual arrival of vaccines directly ordered from manufacturers.</p><p>   Around 20% of Taiwan's 23.5 million people have received at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the two-shot vaccine regimen.</p><p> (Reporting by Ben Blanchard and Yimou Lee; Editing by Christopher Cushing and Michael Perry)</p><p>((ben.blanchard@thomsonreuters.com;))</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>UPDATE 1-Taiwan approves Medigen's COVID-19 vaccine candidate</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUPDATE 1-Taiwan approves Medigen's COVID-19 vaccine candidate\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\">2021-07-19 14:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>(Recasts, adds details)</p><p>   TAIPEI, July 19 (Reuters) - Taiwan's government on Monday approved the use and production of Medigen Vaccine Biologics Corp's    COVID-19 vaccine candidate, a major step in the island's plans to develop its own vaccines to protect against the coronavirus.</p><p>   Taiwan-based Medigen said last month it was seeking a speedy emergency use authorisation, or EUA, from the government for its vaccine candidate after safely completing Phase II trials.</p><p>   Developing its own vaccine has been a major goal of Taiwan's government, though it also has ordered some 20 million shots from Moderna Inc   , AstraZeneca and the COVAX global sharing scheme.</p><p>   The health ministry said in clinical trials in Taiwan the antibodies created by Medigen's vaccine candidate have been proven to be \"no worse than\" those created by AstraZeneca <a href=\"https://laohu8.com/S/PLC\">PLC</a></p><p>  vaccines, and that there were no major safety concerns.</p><p>   The ministry added that Medigen had to present a monthly report on safety for the vaccine candidate, MVC-COV1901, which is designed for people aged over 20, who will get two shots 28 days apart.</p><p>   Health Minister Chen Shih-chung told reporters that with the EUA approved, it would now take some time for the company to ramp up its production.</p><p>   \"There should be a small amount of supply available in August,\" he added.</p><p>   The recombinant protein vaccine has been developed in collaboration with the National Institutes of Health in the United States.</p><p>   Taiwan's government in May signed deals with Medigen, and another firm developing a domestic vaccine, UBI Pharma</p><p> , for five million doses each, and has agreements for another five million each, for a total of 20 million shots. </p><p>   The EUA for UBI's vaccine candidate is still pending.</p><p>   Taiwan has massively ramped up its vaccination programme in the last month following the donation of almost 6 million vaccine doses from Japan and the United States and the gradual arrival of vaccines directly ordered from manufacturers.</p><p>   Around 20% of Taiwan's 23.5 million people have received at least <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the two-shot vaccine regimen.</p><p> (Reporting by Ben Blanchard and Yimou Lee; Editing by Christopher Cushing and Michael Perry)</p><p>((ben.blanchard@thomsonreuters.com;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MRNA":"Moderna, Inc."},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2152763920","content_text":"(Recasts, adds details)   TAIPEI, July 19 (Reuters) - Taiwan's government on Monday approved the use and production of Medigen Vaccine Biologics Corp's    COVID-19 vaccine candidate, a major step in the island's plans to develop its own vaccines to protect against the coronavirus.   Taiwan-based Medigen said last month it was seeking a speedy emergency use authorisation, or EUA, from the government for its vaccine candidate after safely completing Phase II trials.   Developing its own vaccine has been a major goal of Taiwan's government, though it also has ordered some 20 million shots from Moderna Inc   , AstraZeneca and the COVAX global sharing scheme.   The health ministry said in clinical trials in Taiwan the antibodies created by Medigen's vaccine candidate have been proven to be \"no worse than\" those created by AstraZeneca PLC  vaccines, and that there were no major safety concerns.   The ministry added that Medigen had to present a monthly report on safety for the vaccine candidate, MVC-COV1901, which is designed for people aged over 20, who will get two shots 28 days apart.   Health Minister Chen Shih-chung told reporters that with the EUA approved, it would now take some time for the company to ramp up its production.   \"There should be a small amount of supply available in August,\" he added.   The recombinant protein vaccine has been developed in collaboration with the National Institutes of Health in the United States.   Taiwan's government in May signed deals with Medigen, and another firm developing a domestic vaccine, UBI Pharma , for five million doses each, and has agreements for another five million each, for a total of 20 million shots.    The EUA for UBI's vaccine candidate is still pending.   Taiwan has massively ramped up its vaccination programme in the last month following the donation of almost 6 million vaccine doses from Japan and the United States and the gradual arrival of vaccines directly ordered from manufacturers.   Around 20% of Taiwan's 23.5 million people have received at least one of the two-shot vaccine regimen. (Reporting by Ben Blanchard and Yimou Lee; Editing by Christopher Cushing and Michael Perry)((ben.blanchard@thomsonreuters.com;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147250711,"gmtCreate":1626360496833,"gmtModify":1633927490154,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/147250711","repostId":"1105855063","repostType":4,"repost":{"id":"1105855063","kind":"news","pubTimestamp":1626359951,"share":"https://www.laohu8.com/m/news/1105855063?lang=&edition=full","pubTime":"2021-07-15 22:39","market":"us","language":"en","title":"Electric vehicle stocks rally as Europe and China developments look favorable","url":"https://stock-news.laohu8.com/highlight/detail?id=1105855063","media":"seekingalpha","summary":"The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.Gainers include Lordstown Motors, Workhorse Group, Nikola, Canoo, Blink Charging, QuantumScapeand Nio.Positive reports on China EV sales trends and a move by the European Commission to look at banning internal combustion engine vehicles after 2035 could be helping sentiment in the sector.Teslais also tracking higher as Morgan Stanley pitched the long-term upside from the com","content":"<ul>\n <li>The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.</li>\n <li>Gainers include Lordstown Motors(RIDE+11.3%), Workhorse Group(WKHS+6.1%), Nikola(NKLA+7.6%), Canoo(GOEV+6.2%), Blink Charging(BLNK+3.6%), QuantumScape(QS+5.1%)and Nio(NIO+3.4%).</li>\n <li>Positive reports on China EV sales trends and a&nbsp;move&nbsp;by the European Commission to look at banning internal combustion engine vehicles after 2035 could be helping sentiment in the sector.</li>\n <li>Tesla(TSLA+1.5%)is also tracking higher as Morgan Stanley pitched the long-term upside from the company eventually&nbsp;moving into the global eVTOL/UAM market (flying cars).</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>Electric vehicle stocks rally as Europe and China developments look favorable</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\">\nElectric vehicle stocks rally as Europe and China developments look favorable\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 22:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3715565-electric-vehicle-stocks-rally-as-europe-and-china-developments-look-favorable><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.\nGainers include Lordstown Motors(RIDE+11.3%), Workhorse Group(WKHS+6.1%), ...</p>\n\n<a href=\"https://seekingalpha.com/news/3715565-electric-vehicle-stocks-rally-as-europe-and-china-developments-look-favorable\">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","NIO":"蔚来"},"source_url":"https://seekingalpha.com/news/3715565-electric-vehicle-stocks-rally-as-europe-and-china-developments-look-favorable","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1105855063","content_text":"The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.\nGainers include Lordstown Motors(RIDE+11.3%), Workhorse Group(WKHS+6.1%), Nikola(NKLA+7.6%), Canoo(GOEV+6.2%), Blink Charging(BLNK+3.6%), QuantumScape(QS+5.1%)and Nio(NIO+3.4%).\nPositive reports on China EV sales trends and a move by the European Commission to look at banning internal combustion engine vehicles after 2035 could be helping sentiment in the sector.\nTesla(TSLA+1.5%)is also tracking higher as Morgan Stanley pitched the long-term upside from the company eventually moving into the global eVTOL/UAM market (flying cars).","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144094523,"gmtCreate":1626251614462,"gmtModify":1633928624349,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144094523","repostId":"2151959761","repostType":4,"repost":{"id":"2151959761","kind":"news","pubTimestamp":1626250200,"share":"https://www.laohu8.com/m/news/2151959761?lang=&edition=full","pubTime":"2021-07-14 16:10","market":"us","language":"en","title":"Crypto Payments Infrastructure Provider MoonPay Chooses Worldpay from FIS for Global Expansion and Card-to-Crypto Services","url":"https://stock-news.laohu8.com/highlight/detail?id=2151959761","media":"Business Wire","summary":"Key facts\n\nRapidly growing cryptocurrency payments infrastructure provider chooses Worldpay from FIS","content":"<p><b>Key facts</b></p>\n<ul>\n <li>Rapidly growing cryptocurrency payments infrastructure provider chooses Worldpay from FIS to support continued global expansion.</li>\n <li>Worldpay will handle payments for the purchase of cryptocurrencies like Bitcoin and Ether as well as non-fungible tokens.</li>\n</ul>\n<p><b>JACKSONVILLE, Fla., July 14, 2021</b>--(BUSINESS WIRE)--MoonPay, which provides payments infrastructure for buying and selling cryptocurrency, has selected financial technology leader FIS® (NYSE: FIS) for merchant acquiring services in the more than 160 countries and 80 digital currencies supported by the rapidly growing company.</p>\n<p>MoonPay creates tools that enable web and mobile developers globally to accept payments for cryptocurrencies such as Bitcoin and Ether as well as for non-fungible tokens (NFTs). The market for cryptocurrencies and NFTs is growing rapidly as consumers globally become increasingly comfortable buying and selling digital assets.</p>\n<p>MoonPay was seeking an experienced payments partner to support its continued growth. The firm will use Worldpay from FIS merchant services to process consumer credit and debit card-based purchases and sales of cryptocurrencies as well as NFTs.</p>\n<p>\"Our goal at MoonPay is to provide simple, powerful, and painless experiences for consumers around the world to buy and sell cryptocurrencies, NFTs, and other digital assets,\" said Ivan Soto-Wright, CEO and Founder of MoonPay. \"As a leading provider of card-to-crypto payments processing services, Worldpay provides the global scale, footprint, expertise and seamless acquiring services we need to meet our business goals, enhance our speed-to-market, and continue our expansion into new geographies with our advanced crypto infrastructure.\"</p>\n<p>\"As an early supporter of card-to-crypto services for cryptocurrency exchanges, Worldpay brings a wealth of experience to MoonPay as the company seeks to take crypto and NFT purchasing to a wider global market,\" said Jason Pavona, General Manager for North America, FIS Merchant Solutions. \"Interest in digital currencies as well as NFTs continues to grow, and we’re eager to work with innovative companies like MoonPay that are making these new technologies more accessible to more people.\"</p>\n<p>FIS processes over $2 trillion in transactions annually across over 100 countries in numerous payments types and currencies. FIS has announced a number of cryptocurrency-focused initiatives in recent weeks as a further proof point of the company’s mission to advance the way the world pays, banks and invests.</p>\n<p><b>About FIS</b></p>\n<p>FIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard &amp; Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on <a href=\"https://laohu8.com/S/FB\">Facebook</a>, LinkedIn and <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> (@FISGlobal).</p>","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Crypto Payments Infrastructure Provider MoonPay Chooses Worldpay from FIS for Global Expansion and Card-to-Crypto Services</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\">\nCrypto Payments Infrastructure Provider MoonPay Chooses Worldpay from FIS for Global Expansion and Card-to-Crypto Services\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/crypto-payments-infrastructure-provider-moonpay-080000790.html><strong>Business Wire</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key facts\n\nRapidly growing cryptocurrency payments infrastructure provider chooses Worldpay from FIS to support continued global expansion.\nWorldpay will handle payments for the purchase of ...</p>\n\n<a href=\"https://finance.yahoo.com/news/crypto-payments-infrastructure-provider-moonpay-080000790.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FIS":"繁德信息技术"},"source_url":"https://finance.yahoo.com/news/crypto-payments-infrastructure-provider-moonpay-080000790.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2151959761","content_text":"Key facts\n\nRapidly growing cryptocurrency payments infrastructure provider chooses Worldpay from FIS to support continued global expansion.\nWorldpay will handle payments for the purchase of cryptocurrencies like Bitcoin and Ether as well as non-fungible tokens.\n\nJACKSONVILLE, Fla., July 14, 2021--(BUSINESS WIRE)--MoonPay, which provides payments infrastructure for buying and selling cryptocurrency, has selected financial technology leader FIS® (NYSE: FIS) for merchant acquiring services in the more than 160 countries and 80 digital currencies supported by the rapidly growing company.\nMoonPay creates tools that enable web and mobile developers globally to accept payments for cryptocurrencies such as Bitcoin and Ether as well as for non-fungible tokens (NFTs). The market for cryptocurrencies and NFTs is growing rapidly as consumers globally become increasingly comfortable buying and selling digital assets.\nMoonPay was seeking an experienced payments partner to support its continued growth. The firm will use Worldpay from FIS merchant services to process consumer credit and debit card-based purchases and sales of cryptocurrencies as well as NFTs.\n\"Our goal at MoonPay is to provide simple, powerful, and painless experiences for consumers around the world to buy and sell cryptocurrencies, NFTs, and other digital assets,\" said Ivan Soto-Wright, CEO and Founder of MoonPay. \"As a leading provider of card-to-crypto payments processing services, Worldpay provides the global scale, footprint, expertise and seamless acquiring services we need to meet our business goals, enhance our speed-to-market, and continue our expansion into new geographies with our advanced crypto infrastructure.\"\n\"As an early supporter of card-to-crypto services for cryptocurrency exchanges, Worldpay brings a wealth of experience to MoonPay as the company seeks to take crypto and NFT purchasing to a wider global market,\" said Jason Pavona, General Manager for North America, FIS Merchant Solutions. \"Interest in digital currencies as well as NFTs continues to grow, and we’re eager to work with innovative companies like MoonPay that are making these new technologies more accessible to more people.\"\nFIS processes over $2 trillion in transactions annually across over 100 countries in numerous payments types and currencies. FIS has announced a number of cryptocurrency-focused initiatives in recent weeks as a further proof point of the company’s mission to advance the way the world pays, banks and invests.\nAbout FIS\nFIS is a leading provider of technology solutions for merchants, banks and capital markets firms globally. Our employees are dedicated to advancing the way the world pays, banks and invests by applying our scale, deep expertise and data-driven insights. We help our clients use technology in innovative ways to solve business-critical challenges and deliver superior experiences for their customers. Headquartered in Jacksonville, Florida, FIS is a Fortune 500® company and is a member of Standard & Poor’s 500® Index. To learn more, visit www.fisglobal.com. Follow FIS on Facebook, LinkedIn and Twitter (@FISGlobal).","news_type":1},"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145902864,"gmtCreate":1626185037258,"gmtModify":1633929281124,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/145902864","repostId":"1152442565","repostType":4,"repost":{"id":"1152442565","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":1626183960,"share":"https://www.laohu8.com/m/news/1152442565?lang=&edition=full","pubTime":"2021-07-13 21:46","market":"us","language":"en","title":"Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.","url":"https://stock-news.laohu8.com/highlight/detail?id=1152442565","media":"Tiger Newspress","summary":"Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications","content":"<p>Orbsat Corp&nbsp;shares&nbsp;jumps&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;early&nbsp;trading,as&nbsp;the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.</p>\n<p><img src=\"https://static.tigerbbs.com/df700e33a39e4c926a5f47fe2917a75c\" tg-width=\"1286\" tg-height=\"602\" referrerpolicy=\"no-referrer\">Orbsat Corp, a global provider of IoT and connectivity solutions through next-generation satellite technology, today announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the B2B (Business-to-Business) e-commerce website owned and operated by Alibaba Group Holding Limited, also known as Alibaba Group (NYSE: BABA; HKEX: 9988), a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. GTC will be a Gold- Supplier on Alibaba.com, the world's largest Business-to-Business (B2B) e-commerce website.</p>\n<p>\"With our launch on Alibaba.com, the world's largest B2B platform, we are significantly accelerating our global expansion plans, expanding, and deepening our e-commerce reach into nearly every country. This will allow us to better serve the needs of our enterprise customers across the world,\" said Charles M. Fernandez, Chairman and CEO of Orbsat. \"There has been explosive growth in online shopping due to the pandemic as businesses and consumers around the world embrace e-commerce. Long-term, we believe that e-commerce will be the preferred channel for businesses and consumers seeking to research and purchase our satellite IoT and connectivity products and services. We also intend to secure new integration alliances including joint commerce structures with additional connectivity partners such as those in the CubeSat space which can leverage our expanded e-commerce platforms and ground station-based infrastructure.\"</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>Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.</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\">\nOrbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.\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\">2021-07-13 21:46</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Orbsat Corp&nbsp;shares&nbsp;jumps&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;early&nbsp;trading,as&nbsp;the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.</p>\n<p><img src=\"https://static.tigerbbs.com/df700e33a39e4c926a5f47fe2917a75c\" tg-width=\"1286\" tg-height=\"602\" referrerpolicy=\"no-referrer\">Orbsat Corp, a global provider of IoT and connectivity solutions through next-generation satellite technology, today announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the B2B (Business-to-Business) e-commerce website owned and operated by Alibaba Group Holding Limited, also known as Alibaba Group (NYSE: BABA; HKEX: 9988), a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. GTC will be a Gold- Supplier on Alibaba.com, the world's largest Business-to-Business (B2B) e-commerce website.</p>\n<p>\"With our launch on Alibaba.com, the world's largest B2B platform, we are significantly accelerating our global expansion plans, expanding, and deepening our e-commerce reach into nearly every country. This will allow us to better serve the needs of our enterprise customers across the world,\" said Charles M. Fernandez, Chairman and CEO of Orbsat. \"There has been explosive growth in online shopping due to the pandemic as businesses and consumers around the world embrace e-commerce. Long-term, we believe that e-commerce will be the preferred channel for businesses and consumers seeking to research and purchase our satellite IoT and connectivity products and services. We also intend to secure new integration alliances including joint commerce structures with additional connectivity partners such as those in the CubeSat space which can leverage our expanded e-commerce platforms and ground station-based infrastructure.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1152442565","content_text":"Orbsat Corp shares jumps nearly 100% in early trading,as the company's Global Telesat Communications Unit Approved as an Alibaba gold supplier.\nOrbsat Corp, a global provider of IoT and connectivity solutions through next-generation satellite technology, today announced that its Global Telesat Communications (GTC) unit has entered into an agreement with Alibaba.com, the B2B (Business-to-Business) e-commerce website owned and operated by Alibaba Group Holding Limited, also known as Alibaba Group (NYSE: BABA; HKEX: 9988), a Chinese multinational technology company specializing in e-commerce, retail, internet, and technology. GTC will be a Gold- Supplier on Alibaba.com, the world's largest Business-to-Business (B2B) e-commerce website.\n\"With our launch on Alibaba.com, the world's largest B2B platform, we are significantly accelerating our global expansion plans, expanding, and deepening our e-commerce reach into nearly every country. This will allow us to better serve the needs of our enterprise customers across the world,\" said Charles M. Fernandez, Chairman and CEO of Orbsat. \"There has been explosive growth in online shopping due to the pandemic as businesses and consumers around the world embrace e-commerce. Long-term, we believe that e-commerce will be the preferred channel for businesses and consumers seeking to research and purchase our satellite IoT and connectivity products and services. We also intend to secure new integration alliances including joint commerce structures with additional connectivity partners such as those in the CubeSat space which can leverage our expanded e-commerce platforms and ground station-based infrastructure.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142030091,"gmtCreate":1626102683413,"gmtModify":1633930079013,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142030091","repostId":"1128533375","repostType":4,"repost":{"id":"1128533375","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":1626098621,"share":"https://www.laohu8.com/m/news/1128533375?lang=&edition=full","pubTime":"2021-07-12 22:03","market":"us","language":"en","title":"SPI Energy stock jumps 17% on launching next generation electric pickup truck EF1-T","url":"https://stock-news.laohu8.com/highlight/detail?id=1128533375","media":"Tiger Newspress","summary":"SPI Energy stock jumps 17% on announcing the launch of next-generation electric pickup truck, EF1-T ","content":"<ul>\n <li>SPI Energy stock jumps 17% on&nbsp;announcing&nbsp;the launch of next-generation electric pickup truck, EF1-T by&nbsp;its wholly owned EdisonFuture, Inc. and PhoenixMotor Inc. subsidiary.</li>\n <li>The EF1-T standard model comes equipped with total power of 350 kilowatts, or 470 horsepower, while EdisonFuture's top of the line \"Super\" model offers 600kW, or 816HP.</li>\n <li>\"Our vision for EdisionFuture and Phoenix Motorcars is to be leaders in sustainable transportation with focus on energy efficiency and innovative design,\" stated Mr. Xiaofeng Peng, Chairman &amp; Chief Executive Officer of SPI Energy. \"We have already filed multiple design and technology patents in the US related to the EF1-T and look forward to introducing this game-changing vehicle to the market in the coming months.\"</li>\n <li>Approximately 2.9M pickup trucks were sold in the US in 2020, +20% of the entire US auto market.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/0bd67d49b5a0a872ac8d4bf5ef7788a7\" tg-width=\"1297\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>SPI Energy stock jumps 17% on launching next generation electric pickup truck EF1-T</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\">\nSPI Energy stock jumps 17% on launching next generation electric pickup truck EF1-T\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\">2021-07-12 22:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>SPI Energy stock jumps 17% on&nbsp;announcing&nbsp;the launch of next-generation electric pickup truck, EF1-T by&nbsp;its wholly owned EdisonFuture, Inc. and PhoenixMotor Inc. subsidiary.</li>\n <li>The EF1-T standard model comes equipped with total power of 350 kilowatts, or 470 horsepower, while EdisonFuture's top of the line \"Super\" model offers 600kW, or 816HP.</li>\n <li>\"Our vision for EdisionFuture and Phoenix Motorcars is to be leaders in sustainable transportation with focus on energy efficiency and innovative design,\" stated Mr. Xiaofeng Peng, Chairman &amp; Chief Executive Officer of SPI Energy. \"We have already filed multiple design and technology patents in the US related to the EF1-T and look forward to introducing this game-changing vehicle to the market in the coming months.\"</li>\n <li>Approximately 2.9M pickup trucks were sold in the US in 2020, +20% of the entire US auto market.</li>\n</ul>\n<p><img src=\"https://static.tigerbbs.com/0bd67d49b5a0a872ac8d4bf5ef7788a7\" tg-width=\"1297\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPI":"阳光动力"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128533375","content_text":"SPI Energy stock jumps 17% on announcing the launch of next-generation electric pickup truck, EF1-T by its wholly owned EdisonFuture, Inc. and PhoenixMotor Inc. subsidiary.\nThe EF1-T standard model comes equipped with total power of 350 kilowatts, or 470 horsepower, while EdisonFuture's top of the line \"Super\" model offers 600kW, or 816HP.\n\"Our vision for EdisionFuture and Phoenix Motorcars is to be leaders in sustainable transportation with focus on energy efficiency and innovative design,\" stated Mr. Xiaofeng Peng, Chairman & Chief Executive Officer of SPI Energy. \"We have already filed multiple design and technology patents in the US related to the EF1-T and look forward to introducing this game-changing vehicle to the market in the coming months.\"\nApproximately 2.9M pickup trucks were sold in the US in 2020, +20% of the entire US auto market.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146362368,"gmtCreate":1626054487954,"gmtModify":1633930608698,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146362368","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":152533423,"gmtCreate":1625308415562,"gmtModify":1633941562024,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/152533423","repostId":"1197906560","repostType":4,"repost":{"id":"1197906560","kind":"news","pubTimestamp":1625285328,"share":"https://www.laohu8.com/m/news/1197906560?lang=&edition=full","pubTime":"2021-07-03 12:08","market":"us","language":"en","title":"The Jobs Report Was Strong. Why Investors Should Be Skeptical.","url":"https://stock-news.laohu8.com/highlight/detail?id=1197906560","media":"Barron's","summary":"On its face, the June jobs report looksalmost perfect. After months of disappointments, hiring beat ","content":"<p>On its face, the June jobs report looksalmost perfect. After months of disappointments, hiring beat Wall Street’s expectations—with wages rising, but at a cooler pace than the lofty levels of spring.</p>\n<p>One might be tempted to declare the labor shortage over and the inflation debate done. But investors shouldn’t take the bait just yet. While a nonfarm payroll increase of 850,000 is undeniably strong, it belies a labor market still plagued with supply problems.</p>\n<p>First, consider that government hiring rose 193,000 last month. That accounts for the entire headline overshoot versus economists’ expectations. Company payrolls increased 662,000, which would be incredible for normal times. Yet it was still far off the one million mark that economists had anticipated by this point in the recovery, as the economy bursts open and vaccinated consumers spend the trillions of dollars in cash stashed during the pandemic.</p>\n<p>What’s more, private payrolls came in well short of the one million implied by closely watched data from employee-scheduling company Homebase, says Ian Shepherdson of Pantheon Macroeconomics.</p>\n<p>Second, labor-force participation was flat in June despite better hiring. That rate, 61.6%, is still down 1.7 percentage points from its prepandemic level. The employment-population ratio, which Federal Reserve officials have said they are watching, was also unchanged in June; at 58%, it remains 3.1 percentage points below its prepandemic level.</p>\n<p>Third, the slowdown in wage growth is deceiving. The 0.3% increase from May looks like a Goldilocks print—enough to drive continued spending without fueling inflation fears that have been building as shortages from labor to chips to food push prices broadly higher.</p>\n<p>“If anything, this understates the true rate of underlying wage inflation,” says Jefferies chief economist Aneta Markowska of the June wage increase. After adjusting for the return of low-wage leisure, hospitality, and retail workers, average hourly earnings rose by 0.5% in June from May, she says. By that measure, they are up 4.5% from a year earlier. Over the past three months, overall wages are up an annualized 6% as companies chase workers, says Gad Levanon of the Conference Board.</p>\n<p>Further highlighting the fact that hiring is still being held back by supply, not demand: On an annualized basis this year, leisure and hospitality wages are up 12.3%, transportation and warehousing pay is up 8%, and retail wages are up 5.5%.</p>\n<p>So, what’s an investor to make of the June jobs report? Nothing. Which is to say, the latest data do nothing to resolve the biggest questions facing the labor market.</p>\n<p>The degrees to which transitory factors—generous unemployment benefits, child-care issues, and Covid-19 concerns—are capping hiring and driving up wages won’t be clear for months. Schools need to reopen to resolve child-care issues holding back working parents, and enhanced unemployment pay needs to expire before it becomes clear the extent to which such benefits are keeping workers home.</p>\n<p>While about two dozen states either started cutting or are about to cut the extra $300 a week in unemployment insurance ahead of the federal program’s Sept. 6 expiration, Shepherdson notes that 70% of those unemployed won’t be affected by those early terminations. Because the June report does nothing to move the Fed’s needle, it shouldn’t stop the stock market from forging ahead.</p>\n<p>At least for now. “You can’t be unhappy to see an 850,000 payroll print, but it’s nowhere near fast enough,” Shepherdson says, especially given labor demand as evidenced by myriad indicators, help-wanted signs, and company commentary. “The labor-supply problem may fix itself, but it may not,” he says. “The issue really is that we could end up with sustained wage inflation.” Policy makers, however, will punt until they have definitive data—and that won’t be until November.</p>\n<p>All of this means that data between now and the fall are noise. Many economists and investors are expecting the Fed to announce, at the annual Jackson Hole symposium next month, plans to taper its $120 billion in monthly asset purchases.</p>\n<p>Not so fast, Shepherdson says. “This isn’t as linear as markets would like, and it won’t be clear by Jackson Hole,” he says.</p>\n<p>If that’s right—that the Fed won’t have the data they want in time to lay out taper plans until later in the fall—an even longer period of ultraloose monetary policy might be in store. That is assuming there’s time for officials to telegraph plans well ahead of actually starting to withdraw support.</p>\n<p>Therein lies the risk of tuning out the noise, or the employment data, between now and the fall. If the resumption of school and the end to enhanced unemployment benefits don’t bring workers back, it will become clear that structural issues are at play and wage inflation is thus more persistent. As Shepherdson puts it, there is a strong likelihood that the Fed has to raise interest rates in 2022 because there is a good chance people won’t come back into the labor force.</p>\n<p>Investors should continue to enjoythe stock market gains. But they should also be careful. Waiting for definitive data to show whether the labor shortage is more than transitory means policy makers might have to act sooner and faster than it would seem—especially if deceivingly balanced reports like June’s dot the next few months.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Jobs Report Was Strong. Why Investors Should Be Skeptical.</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 Jobs Report Was Strong. Why Investors Should Be Skeptical.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 12:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/jobs-report-investors-should-be-skeptical-51625267210?mod=hp_LEAD_2><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>On its face, the June jobs report looksalmost perfect. After months of disappointments, hiring beat Wall Street’s expectations—with wages rising, but at a cooler pace than the lofty levels of spring.\n...</p>\n\n<a href=\"https://www.barrons.com/articles/jobs-report-investors-should-be-skeptical-51625267210?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"source_url":"https://www.barrons.com/articles/jobs-report-investors-should-be-skeptical-51625267210?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197906560","content_text":"On its face, the June jobs report looksalmost perfect. After months of disappointments, hiring beat Wall Street’s expectations—with wages rising, but at a cooler pace than the lofty levels of spring.\nOne might be tempted to declare the labor shortage over and the inflation debate done. But investors shouldn’t take the bait just yet. While a nonfarm payroll increase of 850,000 is undeniably strong, it belies a labor market still plagued with supply problems.\nFirst, consider that government hiring rose 193,000 last month. That accounts for the entire headline overshoot versus economists’ expectations. Company payrolls increased 662,000, which would be incredible for normal times. Yet it was still far off the one million mark that economists had anticipated by this point in the recovery, as the economy bursts open and vaccinated consumers spend the trillions of dollars in cash stashed during the pandemic.\nWhat’s more, private payrolls came in well short of the one million implied by closely watched data from employee-scheduling company Homebase, says Ian Shepherdson of Pantheon Macroeconomics.\nSecond, labor-force participation was flat in June despite better hiring. That rate, 61.6%, is still down 1.7 percentage points from its prepandemic level. The employment-population ratio, which Federal Reserve officials have said they are watching, was also unchanged in June; at 58%, it remains 3.1 percentage points below its prepandemic level.\nThird, the slowdown in wage growth is deceiving. The 0.3% increase from May looks like a Goldilocks print—enough to drive continued spending without fueling inflation fears that have been building as shortages from labor to chips to food push prices broadly higher.\n“If anything, this understates the true rate of underlying wage inflation,” says Jefferies chief economist Aneta Markowska of the June wage increase. After adjusting for the return of low-wage leisure, hospitality, and retail workers, average hourly earnings rose by 0.5% in June from May, she says. By that measure, they are up 4.5% from a year earlier. Over the past three months, overall wages are up an annualized 6% as companies chase workers, says Gad Levanon of the Conference Board.\nFurther highlighting the fact that hiring is still being held back by supply, not demand: On an annualized basis this year, leisure and hospitality wages are up 12.3%, transportation and warehousing pay is up 8%, and retail wages are up 5.5%.\nSo, what’s an investor to make of the June jobs report? Nothing. Which is to say, the latest data do nothing to resolve the biggest questions facing the labor market.\nThe degrees to which transitory factors—generous unemployment benefits, child-care issues, and Covid-19 concerns—are capping hiring and driving up wages won’t be clear for months. Schools need to reopen to resolve child-care issues holding back working parents, and enhanced unemployment pay needs to expire before it becomes clear the extent to which such benefits are keeping workers home.\nWhile about two dozen states either started cutting or are about to cut the extra $300 a week in unemployment insurance ahead of the federal program’s Sept. 6 expiration, Shepherdson notes that 70% of those unemployed won’t be affected by those early terminations. Because the June report does nothing to move the Fed’s needle, it shouldn’t stop the stock market from forging ahead.\nAt least for now. “You can’t be unhappy to see an 850,000 payroll print, but it’s nowhere near fast enough,” Shepherdson says, especially given labor demand as evidenced by myriad indicators, help-wanted signs, and company commentary. “The labor-supply problem may fix itself, but it may not,” he says. “The issue really is that we could end up with sustained wage inflation.” Policy makers, however, will punt until they have definitive data—and that won’t be until November.\nAll of this means that data between now and the fall are noise. Many economists and investors are expecting the Fed to announce, at the annual Jackson Hole symposium next month, plans to taper its $120 billion in monthly asset purchases.\nNot so fast, Shepherdson says. “This isn’t as linear as markets would like, and it won’t be clear by Jackson Hole,” he says.\nIf that’s right—that the Fed won’t have the data they want in time to lay out taper plans until later in the fall—an even longer period of ultraloose monetary policy might be in store. That is assuming there’s time for officials to telegraph plans well ahead of actually starting to withdraw support.\nTherein lies the risk of tuning out the noise, or the employment data, between now and the fall. If the resumption of school and the end to enhanced unemployment benefits don’t bring workers back, it will become clear that structural issues are at play and wage inflation is thus more persistent. As Shepherdson puts it, there is a strong likelihood that the Fed has to raise interest rates in 2022 because there is a good chance people won’t come back into the labor force.\nInvestors should continue to enjoythe stock market gains. But they should also be careful. Waiting for definitive data to show whether the labor shortage is more than transitory means policy makers might have to act sooner and faster than it would seem—especially if deceivingly balanced reports like June’s dot the next few months.","news_type":1},"isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147250711,"gmtCreate":1626360496833,"gmtModify":1633927490154,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/147250711","repostId":"1105855063","repostType":4,"repost":{"id":"1105855063","kind":"news","pubTimestamp":1626359951,"share":"https://www.laohu8.com/m/news/1105855063?lang=&edition=full","pubTime":"2021-07-15 22:39","market":"us","language":"en","title":"Electric vehicle stocks rally as Europe and China developments look favorable","url":"https://stock-news.laohu8.com/highlight/detail?id=1105855063","media":"seekingalpha","summary":"The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.Gainers include Lordstown Motors, Workhorse Group, Nikola, Canoo, Blink Charging, QuantumScapeand Nio.Positive reports on China EV sales trends and a move by the European Commission to look at banning internal combustion engine vehicles after 2035 could be helping sentiment in the sector.Teslais also tracking higher as Morgan Stanley pitched the long-term upside from the com","content":"<ul>\n <li>The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.</li>\n <li>Gainers include Lordstown Motors(RIDE+11.3%), Workhorse Group(WKHS+6.1%), Nikola(NKLA+7.6%), Canoo(GOEV+6.2%), Blink Charging(BLNK+3.6%), QuantumScape(QS+5.1%)and Nio(NIO+3.4%).</li>\n <li>Positive reports on China EV sales trends and a&nbsp;move&nbsp;by the European Commission to look at banning internal combustion engine vehicles after 2035 could be helping sentiment in the sector.</li>\n <li>Tesla(TSLA+1.5%)is also tracking higher as Morgan Stanley pitched the long-term upside from the company eventually&nbsp;moving into the global eVTOL/UAM market (flying cars).</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>Electric vehicle stocks rally as Europe and China developments look favorable</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\">\nElectric vehicle stocks rally as Europe and China developments look favorable\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 22:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3715565-electric-vehicle-stocks-rally-as-europe-and-china-developments-look-favorable><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.\nGainers include Lordstown Motors(RIDE+11.3%), Workhorse Group(WKHS+6.1%), ...</p>\n\n<a href=\"https://seekingalpha.com/news/3715565-electric-vehicle-stocks-rally-as-europe-and-china-developments-look-favorable\">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","NIO":"蔚来"},"source_url":"https://seekingalpha.com/news/3715565-electric-vehicle-stocks-rally-as-europe-and-china-developments-look-favorable","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1105855063","content_text":"The electric vehicle sector is racing higher in early trading as investors drift back into some recently beaten-down names.\nGainers include Lordstown Motors(RIDE+11.3%), Workhorse Group(WKHS+6.1%), Nikola(NKLA+7.6%), Canoo(GOEV+6.2%), Blink Charging(BLNK+3.6%), QuantumScape(QS+5.1%)and Nio(NIO+3.4%).\nPositive reports on China EV sales trends and a move by the European Commission to look at banning internal combustion engine vehicles after 2035 could be helping sentiment in the sector.\nTesla(TSLA+1.5%)is also tracking higher as Morgan Stanley pitched the long-term upside from the company eventually moving into the global eVTOL/UAM market (flying cars).","news_type":1},"isVote":1,"tweetType":1,"viewCount":154,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834122400,"gmtCreate":1629782191500,"gmtModify":1633682462032,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/834122400","repostId":"1104413070","repostType":4,"repost":{"id":"1104413070","kind":"news","pubTimestamp":1629776596,"share":"https://www.laohu8.com/m/news/1104413070?lang=&edition=full","pubTime":"2021-08-24 11:43","market":"us","language":"en","title":"Apple: The $150 Struggle Is Real","url":"https://stock-news.laohu8.com/highlight/detail?id=1104413070","media":"seekingalpha","summary":"Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY","content":"<p>Summary</p>\n<ul>\n <li>Apple is struggling to push past a ceiling on the stock at $150.</li>\n <li>5G iPhone units sold in FY21 so far make for a high hurdle in FY22.</li>\n <li>The stock trades at an insanely 27x FY22 EPS estimates with minimal growth rates going forward.</li>\n <li>Looking for a helping hand in the market? Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate.</li>\n</ul>\n<p>The COVID-19 work-from-home economy of 2020 provided a massive boost to technology companies that won't repeat over the next year.<b>Apple</b>(AAPL) was one of the biggest beneficiaries of forced technology spending over the last year with workers and students needing more computing power at home. My&nbsp;investment thesis&nbsp;is Bearish with the stock pressing towards all-time highs at $150 while business growth is decelerating.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2833adb73160ceb3c63fe72432275f37\" tg-width=\"990\" tg-height=\"400\" referrerpolicy=\"no-referrer\"><span>Source:FinViz</span></p>\n<p><b>Recency Bias</b></p>\n<p>One of the biggest mistakes made in the stock market is recency bias. An investor will naturally overweight the recent results of a business in deriving the correct current valuation for an equity.</p>\n<p>The current stock price is a prime example for Apple. The tech. giant has a huge history of growing over time, but Apple has also had a couple of periods in the last decade where revenues declined.</p>\n<p>The recent accelerated growth and shift to recurring services shouldn't alter one's view that Apple is still product-focused and will constantly run into down cycles. Investors must consider these likely outcomes when valuing the stock, but the current valuation is based on a recency bias of elevated growth in the last year.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c80ba648538a7ec2481f78d288a21089\" tg-width=\"635\" tg-height=\"449\" referrerpolicy=\"no-referrer\"><span>Data byYCharts</span></p>\n<p>Even after another sterling quarter, analyst estimates are still forecasting a period of up to 4 years where Apple doesn't generate revenue growth in excess of 6%. TheFQ3'21 resultswere blow away numbers with revenues topping $80 billion and beating estimates by over $8 billion.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f6e1270cfc2e38d684e537fbccbca74f\" tg-width=\"640\" tg-height=\"168\" referrerpolicy=\"no-referrer\"><span>Source: Seeking Alphaearnings estimates</span></p>\n<p>The problem is that Apple had a nearly perfect quarter. The company admitted that Services revenue won't repeat the 33% growth in the June quarter and these tough comps are problematic for growth in future periods. Investors should easily understand that any growth after reporting a year with 33% growth is impressive, but some post covid slowdowns shouldn't be surprising.</p>\n<p>Right now though, Apple is still priced for excessive growth. A lot of the stock price gains in the last few years are attributed all to expanding P/E multiples. One only has to go back to 2016 for when Apple only traded at 10x trailing earnings. The stock now trades at nearly 30x trailing earnings, or nearly 3x the multiple from just 5 years ago.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/81f37f5c091cf6d63d100cf23afd6d94\" tg-width=\"635\" tg-height=\"466\" referrerpolicy=\"no-referrer\"><span>Data byYCharts</span></p>\n<p>If Apple only traded at 15x trailing earnings, the stock would trade closer to $75, not $150. For this reason, the stock has struggled to break above $150 for a while now.</p>\n<p>While the market forecasts 3% revenue growth for FY22, Citi analyst Wamsi Mohanmade it clearreal risk exists for Apple to actually report revenue and gross profit dollars down YoY in the first 3 quarters of the fiscal year:</p>\n<blockquote>\n Apple could be faced with the dual headwinds of tougher comps and weaker demand in Hardware only modestly offset by any Services re-acceleration. Revenue growth for F4Q was guided lower than the 36% y/y growth in F3Q, but the upcoming Dec, March and now even June quarters could be down y/y in revs and gross profit dollars given several headwinds.\n</blockquote>\n<p><b>iPhone 5G Cycle</b></p>\n<p>History tells us that Apple regularly has these product cycles and covid lockdowns should accelerate the likelihood of a future quarter with trough numbers. In addition, the 5G iPhone cycle should advance these normal cycles with sales pushed from the normal quarter into the December quarter last year. Normal sales for the iPhone 13 in the September quarter will accelerate the tough comps in the December quarter and on into FY22.</p>\n<p>TheCounterpoint chart&nbsp;highlights how the iPhone 12/5G cycle has elevated sales to a level where Apple faces tough comps in FY22. Not only were FQ1'21 sales elevated, but the FQ2'21/FQ3'21 units sold were far in excess of the prior two years.<img src=\"https://static.tigerbbs.com/df98a198f9efe54054ca28995635b11c\" tg-width=\"640\" tg-height=\"322\" referrerpolicy=\"no-referrer\"></p>\n<p>No real explanation exists for higher sales other than covid demand pulled forward and the 5G cycle. Even normal market growth wouldn't lead to unit sales surging somewhere in the 50% range for the March and June quarters from prior-year levels.</p>\n<p>Investors really have to question whether Apple can sell over 60 million units again in the March quarter and another 50 million units in the June quarter. Even selling iPhones at higher ASPs might not be enough to offset some declines in units sold.</p>\n<p>The crazy part here is that historical norms support Apple reporting some tough comps in the next year and going on to substantial growth in the next decade. The company has Services revenues up to $17.5 billion in quarterly sales accounting for some 21% of sales for the first 9 months of FY21.</p>\n<p>Apple is poised to roll these recurring revenues into more consistent growth, but the growth rates will be as annual revenues top $400 billion. Without the recency bias of the last year, investors would understand this concept and appropriately value the stock at a more normal valuation of ~15x future earnings.</p>\n<p>If the tech giant earns $5.92 in even FY23, the stock would only trade at $89 using a 15x multiple. Remember, one would normally question whether Apple even deserves a 15x forward multiple when earnings are only forecast to grow at a 5% clip in FY23. A stock usually struggles to trade at forward P/E multiples of 2x the growth rate, not 3x the growth rate.</p>\n<p><b>Takeaway</b></p>\n<p>The key investor takeaway is that investors should clearly understand why Apple is struggling to push beyond $150. The stock is already insanely expensive for the normalized growth rates going forward and the real risk that the tech giant actually reports a few quarters where revenues decline.</p>\n<p>Investors should be selling Apple at $150, not looking to buy even more shares at a price where the annualized returns should be weak.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Apple: The $150 Struggle Is Real</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: The $150 Struggle Is Real\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4451389-apple-the-150-struggle-is-real><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY21 so far make for a high hurdle in FY22.\nThe stock trades at an insanely 27x FY22 EPS estimates ...</p>\n\n<a href=\"https://seekingalpha.com/article/4451389-apple-the-150-struggle-is-real\">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/4451389-apple-the-150-struggle-is-real","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1104413070","content_text":"Summary\n\nApple is struggling to push past a ceiling on the stock at $150.\n5G iPhone units sold in FY21 so far make for a high hurdle in FY22.\nThe stock trades at an insanely 27x FY22 EPS estimates with minimal growth rates going forward.\nLooking for a helping hand in the market? Members of Out Fox The Street get exclusive ideas and guidance to navigate any climate.\n\nThe COVID-19 work-from-home economy of 2020 provided a massive boost to technology companies that won't repeat over the next year.Apple(AAPL) was one of the biggest beneficiaries of forced technology spending over the last year with workers and students needing more computing power at home. My investment thesis is Bearish with the stock pressing towards all-time highs at $150 while business growth is decelerating.\nSource:FinViz\nRecency Bias\nOne of the biggest mistakes made in the stock market is recency bias. An investor will naturally overweight the recent results of a business in deriving the correct current valuation for an equity.\nThe current stock price is a prime example for Apple. The tech. giant has a huge history of growing over time, but Apple has also had a couple of periods in the last decade where revenues declined.\nThe recent accelerated growth and shift to recurring services shouldn't alter one's view that Apple is still product-focused and will constantly run into down cycles. Investors must consider these likely outcomes when valuing the stock, but the current valuation is based on a recency bias of elevated growth in the last year.\nData byYCharts\nEven after another sterling quarter, analyst estimates are still forecasting a period of up to 4 years where Apple doesn't generate revenue growth in excess of 6%. TheFQ3'21 resultswere blow away numbers with revenues topping $80 billion and beating estimates by over $8 billion.\nSource: Seeking Alphaearnings estimates\nThe problem is that Apple had a nearly perfect quarter. The company admitted that Services revenue won't repeat the 33% growth in the June quarter and these tough comps are problematic for growth in future periods. Investors should easily understand that any growth after reporting a year with 33% growth is impressive, but some post covid slowdowns shouldn't be surprising.\nRight now though, Apple is still priced for excessive growth. A lot of the stock price gains in the last few years are attributed all to expanding P/E multiples. One only has to go back to 2016 for when Apple only traded at 10x trailing earnings. The stock now trades at nearly 30x trailing earnings, or nearly 3x the multiple from just 5 years ago.\nData byYCharts\nIf Apple only traded at 15x trailing earnings, the stock would trade closer to $75, not $150. For this reason, the stock has struggled to break above $150 for a while now.\nWhile the market forecasts 3% revenue growth for FY22, Citi analyst Wamsi Mohanmade it clearreal risk exists for Apple to actually report revenue and gross profit dollars down YoY in the first 3 quarters of the fiscal year:\n\n Apple could be faced with the dual headwinds of tougher comps and weaker demand in Hardware only modestly offset by any Services re-acceleration. Revenue growth for F4Q was guided lower than the 36% y/y growth in F3Q, but the upcoming Dec, March and now even June quarters could be down y/y in revs and gross profit dollars given several headwinds.\n\niPhone 5G Cycle\nHistory tells us that Apple regularly has these product cycles and covid lockdowns should accelerate the likelihood of a future quarter with trough numbers. In addition, the 5G iPhone cycle should advance these normal cycles with sales pushed from the normal quarter into the December quarter last year. Normal sales for the iPhone 13 in the September quarter will accelerate the tough comps in the December quarter and on into FY22.\nTheCounterpoint chart highlights how the iPhone 12/5G cycle has elevated sales to a level where Apple faces tough comps in FY22. Not only were FQ1'21 sales elevated, but the FQ2'21/FQ3'21 units sold were far in excess of the prior two years.\nNo real explanation exists for higher sales other than covid demand pulled forward and the 5G cycle. Even normal market growth wouldn't lead to unit sales surging somewhere in the 50% range for the March and June quarters from prior-year levels.\nInvestors really have to question whether Apple can sell over 60 million units again in the March quarter and another 50 million units in the June quarter. Even selling iPhones at higher ASPs might not be enough to offset some declines in units sold.\nThe crazy part here is that historical norms support Apple reporting some tough comps in the next year and going on to substantial growth in the next decade. The company has Services revenues up to $17.5 billion in quarterly sales accounting for some 21% of sales for the first 9 months of FY21.\nApple is poised to roll these recurring revenues into more consistent growth, but the growth rates will be as annual revenues top $400 billion. Without the recency bias of the last year, investors would understand this concept and appropriately value the stock at a more normal valuation of ~15x future earnings.\nIf the tech giant earns $5.92 in even FY23, the stock would only trade at $89 using a 15x multiple. Remember, one would normally question whether Apple even deserves a 15x forward multiple when earnings are only forecast to grow at a 5% clip in FY23. A stock usually struggles to trade at forward P/E multiples of 2x the growth rate, not 3x the growth rate.\nTakeaway\nThe key investor takeaway is that investors should clearly understand why Apple is struggling to push beyond $150. The stock is already insanely expensive for the normalized growth rates going forward and the real risk that the tech giant actually reports a few quarters where revenues decline.\nInvestors should be selling Apple at $150, not looking to buy even more shares at a price where the annualized returns should be weak.","news_type":1},"isVote":1,"tweetType":1,"viewCount":334,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":836380611,"gmtCreate":1629455253133,"gmtModify":1633684727106,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/836380611","repostId":"2160716324","repostType":4,"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175090042,"gmtCreate":1626997606786,"gmtModify":1633769024468,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/175090042","repostId":"2153670096","repostType":4,"repost":{"id":"2153670096","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1626996120,"share":"https://www.laohu8.com/m/news/2153670096?lang=&edition=full","pubTime":"2021-07-23 07:22","market":"us","language":"en","title":"Intel stock ticks lower as outlook barely clears Wall Street expectations following beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2153670096","media":"Dow Jones","summary":"Revenue tops estimates while declining for fourth straight quarter\nIntel Corp. shares weakened in th","content":"<p>Revenue tops estimates while declining for fourth straight quarter</p>\n<p>Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall Street analysts.</p>\n<p>Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> shares were last down 1% in the extended session, following an initial 3% uptick in after-hours trading. Shares closed down 0.5% in the regular session at $55.96.</p>\n<p>Intel reported second-quarter net income of $5.06 billion, or $1.24 a share, compared with $5.11 billion, or $1.19 a share, in the year-ago period. After adjusting for acquisition-related expenses and other items, Intel reported earnings of $1.28 a share, compared with $1.23 a share from a year ago.</p>\n<p>Revenue declined to $19.63 billion from $19.73 billion in the year-ago quarter, for a fourth straight quarter of year-over-year revenue declines, but topped its own and analysts' estimates. Excluding the company's memory business, revenue was $18.5 billion. Analysts had estimated adjusted earnings of $1.07 a share on revenue of $17.81 billion, while Intel had forecast adjusted earnings of $1.05 a share on revenue of $18.9 billion, or $17.8 billion when removing the memory business it was divesting.</p>\n<p>\"Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,\" said Intel Chief Executive Pat Gelsinger in a statement.</p>\n<p>For the third quarter, Intel forecast revenue of about $19.1 billion, or $18.2 billion when removing the memory business, and GAAP earnings of $1.08 a share and non-GAAP earnings of $1.10 a share. Analysts on average expected adjusted third-quarter earnings of $1.09 a share on revenue of $18.11 billion.</p>\n<p>Intel's data-center group revenue declined 9% to $6.5 billion, while analysts surveyed by FactSet expected $5.84 billion.</p>\n<p>Intel's largest segment -- client-computing, the traditional PC group -- rose 6% to $10.1 billion, with analysts expecting $10.03 billion.</p>\n<p>Intel reported that nonvolatile memory-solutions revenue fell 34% to $1.1 billion, while Wall Street expected $690.8 million, and \"Internet of Things,\" or IoT, revenue rose 47% to $984 million, compared with an expected $901.5 million. <a href=\"https://laohu8.com/S/MBLY\">Mobileye</a> revenue soared 124% to $327 million, but the Street had expected $361.4 million.</p>\n<p>Over the past 12 months, Intel stock has fallen 8%. Over the same period, the Dow Jones Industrial Average -- which counts Intel as a component -- has gained 29%, the S&amp;P 500 index has climbed 33%, the tech-heavy Nasdaq Composite Index has advanced 37%, and the PHLX Semiconductor Index has surged 55%.</p>\n<p>On Wednesday, Texas Instruments Inc. <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a>kicked off earnings season for U.S. chip makers, amid a global semiconductor shortage.</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>Intel stock ticks lower as outlook barely clears Wall Street expectations following beat</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\">\nIntel stock ticks lower as outlook barely clears Wall Street expectations following beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-07-23 07:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Revenue tops estimates while declining for fourth straight quarter</p>\n<p>Intel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall Street analysts.</p>\n<p>Intel <a href=\"https://laohu8.com/S/INTC\">$(INTC)$</a> shares were last down 1% in the extended session, following an initial 3% uptick in after-hours trading. Shares closed down 0.5% in the regular session at $55.96.</p>\n<p>Intel reported second-quarter net income of $5.06 billion, or $1.24 a share, compared with $5.11 billion, or $1.19 a share, in the year-ago period. After adjusting for acquisition-related expenses and other items, Intel reported earnings of $1.28 a share, compared with $1.23 a share from a year ago.</p>\n<p>Revenue declined to $19.63 billion from $19.73 billion in the year-ago quarter, for a fourth straight quarter of year-over-year revenue declines, but topped its own and analysts' estimates. Excluding the company's memory business, revenue was $18.5 billion. Analysts had estimated adjusted earnings of $1.07 a share on revenue of $17.81 billion, while Intel had forecast adjusted earnings of $1.05 a share on revenue of $18.9 billion, or $17.8 billion when removing the memory business it was divesting.</p>\n<p>\"Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,\" said Intel Chief Executive Pat Gelsinger in a statement.</p>\n<p>For the third quarter, Intel forecast revenue of about $19.1 billion, or $18.2 billion when removing the memory business, and GAAP earnings of $1.08 a share and non-GAAP earnings of $1.10 a share. Analysts on average expected adjusted third-quarter earnings of $1.09 a share on revenue of $18.11 billion.</p>\n<p>Intel's data-center group revenue declined 9% to $6.5 billion, while analysts surveyed by FactSet expected $5.84 billion.</p>\n<p>Intel's largest segment -- client-computing, the traditional PC group -- rose 6% to $10.1 billion, with analysts expecting $10.03 billion.</p>\n<p>Intel reported that nonvolatile memory-solutions revenue fell 34% to $1.1 billion, while Wall Street expected $690.8 million, and \"Internet of Things,\" or IoT, revenue rose 47% to $984 million, compared with an expected $901.5 million. <a href=\"https://laohu8.com/S/MBLY\">Mobileye</a> revenue soared 124% to $327 million, but the Street had expected $361.4 million.</p>\n<p>Over the past 12 months, Intel stock has fallen 8%. Over the same period, the Dow Jones Industrial Average -- which counts Intel as a component -- has gained 29%, the S&amp;P 500 index has climbed 33%, the tech-heavy Nasdaq Composite Index has advanced 37%, and the PHLX Semiconductor Index has surged 55%.</p>\n<p>On Wednesday, Texas Instruments Inc. <a href=\"https://laohu8.com/S/TXN\">$(TXN)$</a>kicked off earnings season for U.S. chip makers, amid a global semiconductor shortage.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","INTC":"英特尔"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2153670096","content_text":"Revenue tops estimates while declining for fourth straight quarter\nIntel Corp. shares weakened in the extended session Thursday after the chip maker topped expectations, but its outlook barely surpassed the average forecast from Wall Street analysts.\nIntel $(INTC)$ shares were last down 1% in the extended session, following an initial 3% uptick in after-hours trading. Shares closed down 0.5% in the regular session at $55.96.\nIntel reported second-quarter net income of $5.06 billion, or $1.24 a share, compared with $5.11 billion, or $1.19 a share, in the year-ago period. After adjusting for acquisition-related expenses and other items, Intel reported earnings of $1.28 a share, compared with $1.23 a share from a year ago.\nRevenue declined to $19.63 billion from $19.73 billion in the year-ago quarter, for a fourth straight quarter of year-over-year revenue declines, but topped its own and analysts' estimates. Excluding the company's memory business, revenue was $18.5 billion. Analysts had estimated adjusted earnings of $1.07 a share on revenue of $17.81 billion, while Intel had forecast adjusted earnings of $1.05 a share on revenue of $18.9 billion, or $17.8 billion when removing the memory business it was divesting.\n\"Our second-quarter results show that our momentum is building, our execution is improving, and customers continue to choose us for leadership products,\" said Intel Chief Executive Pat Gelsinger in a statement.\nFor the third quarter, Intel forecast revenue of about $19.1 billion, or $18.2 billion when removing the memory business, and GAAP earnings of $1.08 a share and non-GAAP earnings of $1.10 a share. Analysts on average expected adjusted third-quarter earnings of $1.09 a share on revenue of $18.11 billion.\nIntel's data-center group revenue declined 9% to $6.5 billion, while analysts surveyed by FactSet expected $5.84 billion.\nIntel's largest segment -- client-computing, the traditional PC group -- rose 6% to $10.1 billion, with analysts expecting $10.03 billion.\nIntel reported that nonvolatile memory-solutions revenue fell 34% to $1.1 billion, while Wall Street expected $690.8 million, and \"Internet of Things,\" or IoT, revenue rose 47% to $984 million, compared with an expected $901.5 million. Mobileye revenue soared 124% to $327 million, but the Street had expected $361.4 million.\nOver the past 12 months, Intel stock has fallen 8%. Over the same period, the Dow Jones Industrial Average -- which counts Intel as a component -- has gained 29%, the S&P 500 index has climbed 33%, the tech-heavy Nasdaq Composite Index has advanced 37%, and the PHLX Semiconductor Index has surged 55%.\nOn Wednesday, Texas Instruments Inc. $(TXN)$kicked off earnings season for U.S. chip makers, amid a global semiconductor shortage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127077505,"gmtCreate":1624809013507,"gmtModify":1633948447647,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127077505","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","BRK.A":"伯克希尔","BMY":"施贵宝","BAC":"美国银行","MA":"万事达","BRK.B":"伯克希尔B","TEVA":"梯瓦制药"},"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":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804615726,"gmtCreate":1627953812265,"gmtModify":1633754951652,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"What does this means??","listText":"What does this means??","text":"What does this means??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/804615726","repostId":"1196431673","repostType":4,"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141782887,"gmtCreate":1625891900249,"gmtModify":1633936298022,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/141782887","repostId":"2150379822","repostType":4,"isVote":1,"tweetType":1,"viewCount":116,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152533523,"gmtCreate":1625308395562,"gmtModify":1633941562145,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/152533523","repostId":"1140994998","repostType":4,"repost":{"id":"1140994998","kind":"news","pubTimestamp":1625286969,"share":"https://www.laohu8.com/m/news/1140994998?lang=&edition=full","pubTime":"2021-07-03 12:36","market":"us","language":"en","title":"5 of the Best Tech Stocks to Buy for July","url":"https://stock-news.laohu8.com/highlight/detail?id=1140994998","media":"yahoo","summary":"Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders ins","content":"<p>Tech stocks are back on the upswing.</p>\n<p>It was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, now crypto has plunged and reopening stocks are taking on water as well amid a surge in COVID-19 virus variants.</p>\n<p>A recent Federal Reserve decision caused a big swing in interest rates, which has led to investors selling value stocks and buying growth stocks instead. As if that weren't enough, tech got another boost this week as a federal court blocked a key antitrust lawsuit against <a href=\"https://laohu8.com/S/FB\">Facebook</a> (ticker:FB). This has seemingly given the green light to other large tech companies to keep expanding their businesses as well. With all that in place, this is shaping up to be a good summer for tech stocks, including these five in particular:</p>\n<ul>\n <li><a href=\"https://laohu8.com/S/FB\">Facebook</a> (FB)</li>\n <li><a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> (GOOG,GOOGL)</li>\n <li><a href=\"https://laohu8.com/S/BLKB\">Blackbaud</a> (BLKB)</li>\n <li><a href=\"https://laohu8.com/S/JKHY\">Jack Henry &amp; Associates</a> (JKHY)</li>\n <li><a href=\"https://laohu8.com/S/TXN\">Texas Instruments</a> (TXN)</li>\n</ul>\n<p><b>Facebook (FB)</b></p>\n<p>In late June, a federal court dismissed antitrust charges against Facebook. The Federal Trade Commission (FTC) had claimed that Facebook was acting as a monopoly in social media. The FTC, if it had its way, would have tried to force Facebook to divest its other pivotal holdings, including WhatsApp and Instagram, to create a more competitive social media landscape.</p>\n<p>However, the federal court said the FTC failed to prove that Facebook was a monopoly. Facebook stock popped on the news and topped a $1 trillion valuation for the first time.</p>\n<p>Arguably, however, the stock should be up a lot more. Shares are still trading for just 23 times forward earnings while analysts forecast nearly 20% annual revenue growth in 2022 and 2023. Now, with the threat of government intervention gone, Facebook is even more compelling.</p>\n<p><b><a href=\"https://laohu8.com/S/GOOGL\">Alphabet</a> (GOOG,GOOGL)</b></p>\n<p>The court's ruling has broader implications. While Facebook was the target in that case, it's no secret that regulators have been looking at most of the tech titans as potential monopolies, perhaps none more than Alphabet.</p>\n<p>Google's search business has massive market share in online advertising. And the search business is hooked into its operating system and applications such as Gmail to extend its reach. Google's other ventures, such asself-driving carsubsidiary Waymo, could extend Google's domain into next-generation technology as well.</p>\n<p>In announcing a lawsuit against Alphabet last year, Texas' attorney general said that \"if the free market were a baseball game, Google positioned itself as the pitcher, the batter and the umpire.\" Now, however, with Facebook clear of antitrust concerns, it sets a precedent for Google to avoid a major regulatory punishment as well.</p>\n<p>Alphabet stock isn't as cheap as Facebook, but at 26 times forward earnings and approximately 15% projected annual revenue growth, it has earned its spot as <a href=\"https://laohu8.com/S/AONE\">one</a> of the best tech stocks to buy now.</p>\n<p><b>Blackbaud (BLKB)</b></p>\n<p>Blackbaud is a software company focused on charitable organization and K-12 schools. Its primary business is in providing software for charities to receive payments and manage their relationships with donors. The company estimates that 25% of charitable giving in 2020 occurred via Blackbaud's platform.</p>\n<p>Charitable giving was disrupted in 2020 due to the pandemic, though some organizations saw an uptick in activity as people donated in the wake of the twin tragedies of theeconomic recessionand health crisis. Still, 2020 wasn't a great year for Blackbaud. More broadly, Blackbaud has been in transition from on-premise software to a subscription cloud offering.</p>\n<p>Such transitions in tech stocks are often met with stock price weakness as investors grapple with less upfront revenue from the subscription model. That creates opportunity now, however, to buy a leading niche software player at less than 26 times forward earnings with a reopening tailwind as charities can start having in-person events once again.</p>\n<p><b>Jack Henry (JKHY)</b></p>\n<p>Jack Henry is a leading payment processing and informationtechnology company; its main clients are banks and credit unions. The company has an extremely stable business that barely missed a beat even during the financial crisis. Since then, Jack Henry stock has gone up more than 500% thanks to steady growth in the overall demand for payments and financial services.</p>\n<p>That said, Jack Henry stock has gone flat as investors fret over the health of the banking and financial system in the COVID-19 era. More recently, it has become apparent that credit-quality concerns didn't end up causing much material harm to banks. As the economy is picking up in 2021, the banks are roaring back; financials have been <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the top-performing sectors this year.</p>\n<p>With that risk now off the table, Jack Henry is primed to follow suit and blast off to new all-time highs. In addition, the company earns a significant chunk of high-margin business from mergers and acquisitions (M&amp;A) activity in the banking sector. Withbank stockssoaring, M&amp;A is on the rise, and this should directly boost Jack Henry's earnings.</p>\n<p><b>Texas Instruments (TXN)</b></p>\n<p>Texas Instruments is the leader in analogsemiconductor chips. This is a business that focuses on taking real-world parameters such as weather information and converting it into data for digital use. This line of chips is increasingly important as the Internet of Things grows and more devices than ever are online.</p>\n<p>Texas Instruments is making a particularly big push in smart cars, and should sell a large chunk of the chipsets that end up going into autonomous vehicles. In late June, Texas Instruments also announced that it's buying a fabricating unit in Utah from <a href=\"https://laohu8.com/S/MU\">Micron Technology</a> (MU) for $900 million as the company continues to execute on its growth plan.</p>\n<p>Texas Instruments is benefiting from the current semiconductor shortage, which puts it in a good position for better pricing and profit margins going forward. The company has a prodigious growth record, having tripled its earnings per share over the past decade. Now, it trades for just 24 times forward earnings, which is quite reasonable in a bull market for the industry.</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>5 of the Best Tech Stocks to Buy for July</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 of the Best Tech Stocks to Buy for July\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 12:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","BLKB":"布莱克波特科技","GOOGL":"谷歌A","JKHY":"杰克亨利","TXN":"德州仪器"},"source_url":"https://finance.yahoo.com/news/5-best-tech-stocks-buy-171937180.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140994998","content_text":"Tech stocks are back on the upswing.\nIt was a rough spring for the technology sector, as traders instead turned their attention to reopening stocks along withcryptocurrenciesand meme plays. However, now crypto has plunged and reopening stocks are taking on water as well amid a surge in COVID-19 virus variants.\nA recent Federal Reserve decision caused a big swing in interest rates, which has led to investors selling value stocks and buying growth stocks instead. As if that weren't enough, tech got another boost this week as a federal court blocked a key antitrust lawsuit against Facebook (ticker:FB). This has seemingly given the green light to other large tech companies to keep expanding their businesses as well. With all that in place, this is shaping up to be a good summer for tech stocks, including these five in particular:\n\nFacebook (FB)\nAlphabet (GOOG,GOOGL)\nBlackbaud (BLKB)\nJack Henry & Associates (JKHY)\nTexas Instruments (TXN)\n\nFacebook (FB)\nIn late June, a federal court dismissed antitrust charges against Facebook. The Federal Trade Commission (FTC) had claimed that Facebook was acting as a monopoly in social media. The FTC, if it had its way, would have tried to force Facebook to divest its other pivotal holdings, including WhatsApp and Instagram, to create a more competitive social media landscape.\nHowever, the federal court said the FTC failed to prove that Facebook was a monopoly. Facebook stock popped on the news and topped a $1 trillion valuation for the first time.\nArguably, however, the stock should be up a lot more. Shares are still trading for just 23 times forward earnings while analysts forecast nearly 20% annual revenue growth in 2022 and 2023. Now, with the threat of government intervention gone, Facebook is even more compelling.\nAlphabet (GOOG,GOOGL)\nThe court's ruling has broader implications. While Facebook was the target in that case, it's no secret that regulators have been looking at most of the tech titans as potential monopolies, perhaps none more than Alphabet.\nGoogle's search business has massive market share in online advertising. And the search business is hooked into its operating system and applications such as Gmail to extend its reach. Google's other ventures, such asself-driving carsubsidiary Waymo, could extend Google's domain into next-generation technology as well.\nIn announcing a lawsuit against Alphabet last year, Texas' attorney general said that \"if the free market were a baseball game, Google positioned itself as the pitcher, the batter and the umpire.\" Now, however, with Facebook clear of antitrust concerns, it sets a precedent for Google to avoid a major regulatory punishment as well.\nAlphabet stock isn't as cheap as Facebook, but at 26 times forward earnings and approximately 15% projected annual revenue growth, it has earned its spot as one of the best tech stocks to buy now.\nBlackbaud (BLKB)\nBlackbaud is a software company focused on charitable organization and K-12 schools. Its primary business is in providing software for charities to receive payments and manage their relationships with donors. The company estimates that 25% of charitable giving in 2020 occurred via Blackbaud's platform.\nCharitable giving was disrupted in 2020 due to the pandemic, though some organizations saw an uptick in activity as people donated in the wake of the twin tragedies of theeconomic recessionand health crisis. Still, 2020 wasn't a great year for Blackbaud. More broadly, Blackbaud has been in transition from on-premise software to a subscription cloud offering.\nSuch transitions in tech stocks are often met with stock price weakness as investors grapple with less upfront revenue from the subscription model. That creates opportunity now, however, to buy a leading niche software player at less than 26 times forward earnings with a reopening tailwind as charities can start having in-person events once again.\nJack Henry (JKHY)\nJack Henry is a leading payment processing and informationtechnology company; its main clients are banks and credit unions. The company has an extremely stable business that barely missed a beat even during the financial crisis. Since then, Jack Henry stock has gone up more than 500% thanks to steady growth in the overall demand for payments and financial services.\nThat said, Jack Henry stock has gone flat as investors fret over the health of the banking and financial system in the COVID-19 era. More recently, it has become apparent that credit-quality concerns didn't end up causing much material harm to banks. As the economy is picking up in 2021, the banks are roaring back; financials have been one of the top-performing sectors this year.\nWith that risk now off the table, Jack Henry is primed to follow suit and blast off to new all-time highs. In addition, the company earns a significant chunk of high-margin business from mergers and acquisitions (M&A) activity in the banking sector. Withbank stockssoaring, M&A is on the rise, and this should directly boost Jack Henry's earnings.\nTexas Instruments (TXN)\nTexas Instruments is the leader in analogsemiconductor chips. This is a business that focuses on taking real-world parameters such as weather information and converting it into data for digital use. This line of chips is increasingly important as the Internet of Things grows and more devices than ever are online.\nTexas Instruments is making a particularly big push in smart cars, and should sell a large chunk of the chipsets that end up going into autonomous vehicles. In late June, Texas Instruments also announced that it's buying a fabricating unit in Utah from Micron Technology (MU) for $900 million as the company continues to execute on its growth plan.\nTexas Instruments is benefiting from the current semiconductor shortage, which puts it in a good position for better pricing and profit margins going forward. The company has a prodigious growth record, having tripled its earnings per share over the past decade. Now, it trades for just 24 times forward earnings, which is quite reasonable in a bull market for the industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":813237895,"gmtCreate":1630204147517,"gmtModify":1704956980811,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/813237895","repostId":"1129129956","repostType":4,"repost":{"id":"1129129956","kind":"news","pubTimestamp":1630201285,"share":"https://www.laohu8.com/m/news/1129129956?lang=&edition=full","pubTime":"2021-08-29 09:41","market":"us","language":"en","title":"This Unloved Tech Stock Could Make You Rich One Day","url":"https://stock-news.laohu8.com/highlight/detail?id=1129129956","media":"Motley Fool","summary":"The iBuying business is a race to grow larger, and Opendoor is winning.The company is growing at a rate that is two years ahead of what management projected just a year earlier.The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.Real estate iBuying company Opendoor Technologieshas been executing at a high level in the three quarters since coming public via a special purpose acquisition company  merger. In a race to disrupt residential ","content":"<p>Key Points</p>\n<ul>\n <li>The iBuying business is a race to grow larger, and Opendoor is winning.</li>\n <li>The company is growing at a rate that is two years ahead of what management projected just a year earlier.</li>\n <li>The market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.</li>\n</ul>\n<p></p>\n<p>Real estate iBuying company&nbsp;<b>Opendoor Technologies</b>(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.</p>\n<p>Despite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.</p>\n<h3>1. Opendoor is winning the iBuying battle</h3>\n<p>The traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.</p>\n<p>Opendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.</p>\n<p>After seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including&nbsp;<b>Zillow Group</b>&nbsp;and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.</p>\n<p>According to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.</p>\n<h3>2. Revenue growth is ahead of schedule</h3>\n<p>When companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.</p>\n<p>Fast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"</p>\n<p>In other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.</p>\n<h3>3. SPACs are out of favor with the market... opportunity?</h3>\n<p>Investors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.</p>\n<p>Investors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.</p>\n<p>But if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.</p>\n<p>Competitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.</p>\n<h3>Here's the bottom line</h3>\n<p>Real estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"<b>Amazon</b>\" of home buying, but what seems certain is that the company is&nbsp;poised to be a big player&nbsp;in real estate's future if it keeps performing like this.</p>\n<p></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>This Unloved Tech Stock Could Make You Rich One Day</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\">\nThis Unloved Tech Stock Could Make You Rich One Day\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-29 09:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OPEN":"Opendoor Technologies Inc"},"source_url":"https://www.fool.com/investing/2021/08/28/this-unloved-tech-stock-may-make-you-rich-one-day/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1129129956","content_text":"Key Points\n\nThe iBuying business is a race to grow larger, and Opendoor is winning.\nThe company is growing at a rate that is two years ahead of what management projected just a year earlier.\nThe market is bearish on virtually all SPACs, making Opendoor a bargain that could eventually bring huge returns.\n\n\nReal estate iBuying company Opendoor Technologies(NASDAQ:OPEN)has been executing at a high level in the three quarters since coming public via a special purpose acquisition company (SPAC) merger. In a race to disrupt residential real estate, one of the largest markets in the world, Opendoor's long-term potential could bring big returns for patient investors.\nDespite the upside, the market hasn't yet appreciated Opendoor's accomplishments; the stock is down more than 50% from its highs. There are three important clues that Opendoor could be a compelling investment idea for bold investors.\n1. Opendoor is winning the iBuying battle\nThe traditional home-buying process in the United States is slow and handled by multiple parties, including agents, lawyers, inspectors, and bankers. This creates a lot of back and forth paperwork and drags the process out to more than 30 days, on average.\nOpendoor pioneered the concept of \"iBuying,\" where the buying and selling of a house are digitized, and a company like Opendoor works directly with sellers to provide them with a cash offer and a digital closing process. The company then resells the house on the market. The iBuying process cuts out agents and some of the fees associated with traditional closings, such as agent commissions. Opendoor then resells the house on the market and charges a service fee of up to 5% on the transaction.\nAfter seeing Opendoor steadily grow with its iBuying concept, competitors have also begun to offer iBuying services, including Zillow Group and Offerpad. Because of how capital intensive the business is (a lot of money is needed to buy and sell thousands of houses) and how price competitive the housing market is, these companies are racing to get as big as possible. As the companies buy and sell more homes, they have the ability to become more profitable by leveraging outsourced contractors to save money, and its pricing algorithm improves as it sees more transactions.\nAccording to iBuyerStats, a website dedicated to tracking the competitors found in iBuying, Opendoor has consistently had the most housing inventory available for sale. It currently has roughly 3,300 houses for sale, 53% more than Zillow and more than four times as many as Offerpad.\n2. Revenue growth is ahead of schedule\nWhen companies go public viaSPACmerger, they lay out a public presentation of their business, often including long-term growth projections. Opendoor laid out its pre-merger investor presentation about a year ago, in September 2020.\nFast forward to the company's recent 2021 Q2 earnings call. CEO and founder Eric Wu said on the earnings call, \"... based on our current progress, our second half revenue run rate is on track to exceed our 2023 target, a full two years ahead of plan.\"\nIn other words, if Opendoor were to operate for 12 months at the level the business currently is, it would surpass the $9.8 billion in revenue it projected for 2023. This is an underlooked point because if Opendoor is already two years ahead of its original growth curve, where will it be by 2023? Sure, a dip in the housing market or other events could disrupt the company's speed of growth, but Opendoor is showing the world that the business is operating at a high level.\n3. SPACs are out of favor with the market... opportunity?\nInvestors have overlooked this strong performance, focusing instead on the fact that Opendoor joined the public market via SPAC merger. It has hardly mattered what operating results or earnings have looked like for former SPACs; the stock market has been selling off virtually all SPAC-based stocks for several months now.\nInvestors have been spooked by a handful of \"bad apple\" companies turning up fraudulent, and other companies have wildly missed on the projections they made before going public. These instances have burned those involved, and investors have taken a much more cautious attitude toward SPACs as a whole.\nBut if companies like Opendoor keep blowing away estimates, the market is likely to come around eventually. When it does, the stock price could move aggressively. If we take Eric Wu's comments about revenue and assume that Opendoor does sales of $10 billion in 2022 (in other words, Opendoor stops growing and maintains its current pace over the following year), the stock currently trades at aprice-to-sales(P/S) ratio of just 1.0. That's a bargain-bin valuation.\nCompetitor Zillow Group trades at a P/S ratio of more than 3, reflecting Opendoor's discount as a former SPAC.\nHere's the bottom line\nReal estate is a huge market, and it's a complicated industry because of the clash between traditional agents and the \"new kids\" on the block trying to bring technology into homebuying. It's too early to say that Opendoor will become the \"Amazon\" of home buying, but what seems certain is that the company is poised to be a big player in real estate's future if it keeps performing like this.","news_type":1},"isVote":1,"tweetType":1,"viewCount":367,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808180360,"gmtCreate":1627564879150,"gmtModify":1633763767823,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808180360","repostId":"1198546715","repostType":4,"repost":{"id":"1198546715","kind":"news","pubTimestamp":1627562631,"share":"https://www.laohu8.com/m/news/1198546715?lang=&edition=full","pubTime":"2021-07-29 20:43","market":"us","language":"en","title":"PayPal: Looking Beyond eBay's Impact","url":"https://stock-news.laohu8.com/highlight/detail?id=1198546715","media":"seekingalpha","summary":"Summary\n\nPayPal's Q3 2021 guidance took investors by surprise.\nPayPal contends that asides from eBay","content":"<p><b>Summary</b></p>\n<ul>\n <li>PayPal's Q3 2021 guidance took investors by surprise.</li>\n <li>PayPal contends that asides from eBay Marketplace's migration off PayPal, its underlying business is performing very strongly.</li>\n <li>PayPal is priced at 13x sales. This is very attractively priced for such an entrenched high-quality payment solution platform.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b4532465490efbc958deb5f9d66d7669\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>JasonDoiy/iStock Unreleased via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>PayPal's (PYPL) guidance for Q3 is pointing towards a marked deceleration where its revenues are expected to grow approximately 14% y/y. However, this is predominantly due to eBay (EBAY) Marketplace exiting PayPal's platform.</p>\n<p>For context, this will be a meaningful headwind of approximately 850 basis points during Q3, and it will slowly reduce its impact during Q4 2021.</p>\n<p>However, putting aside eBay's impact, PayPal's core operations remain strong and PayPal is still expected to grow by 20% this year,<i>including</i>e&nbsp;Bay's headwind.</p>\n<p>What's more, PayPal is expected to bring in $5 billion of free cash flow this year, putting the stock trading at 74x free cash flow.</p>\n<p>In short, investors have no reason to be dissatisfied with this quarter's performance. PayPal is an attractive investment opportunity.</p>\n<p><b>Investor Sentiment Going Into Earnings</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2fd702cef3486de22aca83e1d46bb8d2\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>As you can see above, contrary to countless other fast-growing names, PayPal had actually had a very strong run-up in its shares since May.</p>\n<p>Hence, given this backdrop where investors had such high expectations from PayPal, any mishap during the quarter was obviously going to take the share price down.</p>\n<p>Now, let's get into its results.</p>\n<p><b>Revenue Growth Rates Slow Down, With a But</b></p>\n<p><img src=\"https://static.tigerbbs.com/6a55f4abe65fb78fef6b67c43fc1c4d1\" tg-width=\"640\" tg-height=\"285\" width=\"100%\" height=\"auto\"></p>\n<p>The big takeaway is that PayPal is reaffirming its guidance for 20% y/y in 2021. Having said that, the elephant in the room is that Q2 2021 saw just 19% y/y revenue growth rates.</p>\n<p>Given that during Q1 its revenue had just grown by its&nbsp;fastest rate&nbsp;in PayPal's history, investors were minimally expecting PayPal to continue that momentum and shine this quarter. After all, this is a company that has a long history of delivering positive results and easily beating its guidance.</p>\n<p><i>At the core of the after-hours reaction, we have to keep in mind that this is a company that buy-and-hold investors perceived as ''safe'' and one that ''shouldn't'' have negative surprises.</i></p>\n<p>Hence, this rare weak quarter is more likely than not to be met by not only heavy selling in the coming days, and I fully suspect that the media will all over this stock reporting how PayPal has lost its flow.</p>\n<p>PayPal's CEO Dan Schulman points out that eBay was a headwind for PayPal during the quarter as eBay Marketplaces stopped being served by PayPal.</p>\n<p>What's more, PayPal declares that eBay Marketplaces accounted for roughly&nbsp;8% revenue growth&nbsp;rate headwind, which is particularly noticeable given the strong performance in the same period a year ago.</p>\n<p><img src=\"https://static.tigerbbs.com/f36be5e188e36aeb4bca359735c818fa\" tg-width=\"640\" tg-height=\"259\" width=\"100%\" height=\"auto\"></p>\n<p>This is what PayPal's CFO John Rainey said during the call:</p>\n<blockquote>\n <i>So last year in the second quarter, we grew revenue 22%, and in that number, there was a benefit of 5 percentage points of growth from eBay. So 22% revenue growth for 5 percentage points of benefit from eBay. This year in the second quarter, we grew revenue 19% and that number included 800 or 8 percentage points of headwind related to eBay's business.</i>\n</blockquote>\n<p>Looking ahead, PayPal&nbsp;highlighted during the call&nbsp;that by year-end, eBay's total payment volume (''TPV'') will account for just 2.5% of PayPal TPV by year-end.</p>\n<p>What's more, during Q2 2021, putting aside eBay's headwind, PayPal's revenue would have been up 32% y/y. Given that eBay will have migrated to its own payment solutions by Q4 2021, investors won't have to be patient too long until PayPal is once again reporting strong revenue growth rates.</p>\n<p>Indeed, asides from eBay there's a lot to be attracted to here.</p>\n<p><b>PayPal's Diverse Product Portfolio in 2021</b></p>\n<p>The biggest launch during the quarter was Zettle in the U.S. This is a digital point-of-sale card payment solution. Although it arrives into a very crowded space arguably a little late in the game.</p>\n<p>Having said that, Venmo was also a latecomer to the digital wallet space and that hasn't stopped Venmo's performance in Q2 2021 growing its total payment volume by 58% y/y to $58 billion. This translated into Venmo increasing its revenues by 70% y/y.</p>\n<p>Venmo's performance during Q2 2021 was driven by robust crypto trading on the platform.</p>\n<p>Also, PayPal's Buy Now, Pay Later is resonating with consumers and merchants with momentum accelerating sequentially from Q1 2021 to Q2 by 50%.</p>\n<p>Altogether, despite investing in different products launches, PayPal still generates strong free cash flows.</p>\n<p><b>PayPal is a Free Cash Flow Machine</b></p>\n<p><img src=\"https://static.tigerbbs.com/bf0733d4c917e606b41fdf9a31c91d13\" tg-width=\"322\" tg-height=\"364\" width=\"100%\" height=\"auto\"></p>\n<p>During Q2 2021, PayPal's free cash flow was down 33% y/y to $1 billion. Obviously, when taken together with its lackluster top-line growth rate during Q2 2021 this doesn't paint a particularly impressive picture of PayPal's performance.</p>\n<p>On the other hand, consistent with its previous two quarters, PayPal once more reaffirmed its free cash flow guidance for $5 billion in 2021. Demonstrating that aside from the impact of eBay's migration, PayPal's free cash flow performance in 2021 remains unchanged from the start of the year.</p>\n<p><b>Valuation - Not Expensively Valued</b></p>\n<p>High-quality stocks rarely come cheaply towards the end of a very long bull market.</p>\n<p>In a market where many companies are highly unprofitable and with middle-of-the-road revenue growth rates, PayPal is not only growing by 20% CAGR this year, but it's expected to grow at an even faster rate<i>next year</i>, while also generating ample free cash flow.</p>\n<p>There aren't too many companies out there as entrenched as PayPal in fintech priced at 74x free cash flow.</p>\n<p>On the surface, this may appear expensive, but readers should keep in mind that this is free cash flows and not a sales multiple.</p>\n<p>Meanwhile, for context, on a sales multiple, PayPal trades at 13x sales.</p>\n<p><b>The Bottom Line</b></p>\n<p>PayPal's Q3 guidance took many investors by surprise, particularly given that this blue-chip household name rarely misfires. However, its underlying performance remains very strong.</p>\n<p>Given its strong free cash flow generation, and approximately mid-20s% CAGR expected next year, I believe that this stock is cheaply valued at just 13x sales.</p>\n<p>However, since there are so many high-growth small-cap stocks that are now heavily into correction territory, I believe that there are even better investment opportunities elsewhere.</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>PayPal: Looking Beyond eBay's Impact</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\">\nPayPal: Looking Beyond eBay's Impact\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 20:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4442390-paypal-q2-2021-earnings-results-looking-beyond-ebay-impact><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPayPal's Q3 2021 guidance took investors by surprise.\nPayPal contends that asides from eBay Marketplace's migration off PayPal, its underlying business is performing very strongly.\nPayPal is ...</p>\n\n<a href=\"https://seekingalpha.com/article/4442390-paypal-q2-2021-earnings-results-looking-beyond-ebay-impact\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PYPL":"PayPal"},"source_url":"https://seekingalpha.com/article/4442390-paypal-q2-2021-earnings-results-looking-beyond-ebay-impact","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198546715","content_text":"Summary\n\nPayPal's Q3 2021 guidance took investors by surprise.\nPayPal contends that asides from eBay Marketplace's migration off PayPal, its underlying business is performing very strongly.\nPayPal is priced at 13x sales. This is very attractively priced for such an entrenched high-quality payment solution platform.\n\nJasonDoiy/iStock Unreleased via Getty Images\nInvestment Thesis\nPayPal's (PYPL) guidance for Q3 is pointing towards a marked deceleration where its revenues are expected to grow approximately 14% y/y. However, this is predominantly due to eBay (EBAY) Marketplace exiting PayPal's platform.\nFor context, this will be a meaningful headwind of approximately 850 basis points during Q3, and it will slowly reduce its impact during Q4 2021.\nHowever, putting aside eBay's impact, PayPal's core operations remain strong and PayPal is still expected to grow by 20% this year,includinge Bay's headwind.\nWhat's more, PayPal is expected to bring in $5 billion of free cash flow this year, putting the stock trading at 74x free cash flow.\nIn short, investors have no reason to be dissatisfied with this quarter's performance. PayPal is an attractive investment opportunity.\nInvestor Sentiment Going Into Earnings\nData by YCharts\nAs you can see above, contrary to countless other fast-growing names, PayPal had actually had a very strong run-up in its shares since May.\nHence, given this backdrop where investors had such high expectations from PayPal, any mishap during the quarter was obviously going to take the share price down.\nNow, let's get into its results.\nRevenue Growth Rates Slow Down, With a But\n\nThe big takeaway is that PayPal is reaffirming its guidance for 20% y/y in 2021. Having said that, the elephant in the room is that Q2 2021 saw just 19% y/y revenue growth rates.\nGiven that during Q1 its revenue had just grown by its fastest rate in PayPal's history, investors were minimally expecting PayPal to continue that momentum and shine this quarter. After all, this is a company that has a long history of delivering positive results and easily beating its guidance.\nAt the core of the after-hours reaction, we have to keep in mind that this is a company that buy-and-hold investors perceived as ''safe'' and one that ''shouldn't'' have negative surprises.\nHence, this rare weak quarter is more likely than not to be met by not only heavy selling in the coming days, and I fully suspect that the media will all over this stock reporting how PayPal has lost its flow.\nPayPal's CEO Dan Schulman points out that eBay was a headwind for PayPal during the quarter as eBay Marketplaces stopped being served by PayPal.\nWhat's more, PayPal declares that eBay Marketplaces accounted for roughly 8% revenue growth rate headwind, which is particularly noticeable given the strong performance in the same period a year ago.\n\nThis is what PayPal's CFO John Rainey said during the call:\n\nSo last year in the second quarter, we grew revenue 22%, and in that number, there was a benefit of 5 percentage points of growth from eBay. So 22% revenue growth for 5 percentage points of benefit from eBay. This year in the second quarter, we grew revenue 19% and that number included 800 or 8 percentage points of headwind related to eBay's business.\n\nLooking ahead, PayPal highlighted during the call that by year-end, eBay's total payment volume (''TPV'') will account for just 2.5% of PayPal TPV by year-end.\nWhat's more, during Q2 2021, putting aside eBay's headwind, PayPal's revenue would have been up 32% y/y. Given that eBay will have migrated to its own payment solutions by Q4 2021, investors won't have to be patient too long until PayPal is once again reporting strong revenue growth rates.\nIndeed, asides from eBay there's a lot to be attracted to here.\nPayPal's Diverse Product Portfolio in 2021\nThe biggest launch during the quarter was Zettle in the U.S. This is a digital point-of-sale card payment solution. Although it arrives into a very crowded space arguably a little late in the game.\nHaving said that, Venmo was also a latecomer to the digital wallet space and that hasn't stopped Venmo's performance in Q2 2021 growing its total payment volume by 58% y/y to $58 billion. This translated into Venmo increasing its revenues by 70% y/y.\nVenmo's performance during Q2 2021 was driven by robust crypto trading on the platform.\nAlso, PayPal's Buy Now, Pay Later is resonating with consumers and merchants with momentum accelerating sequentially from Q1 2021 to Q2 by 50%.\nAltogether, despite investing in different products launches, PayPal still generates strong free cash flows.\nPayPal is a Free Cash Flow Machine\n\nDuring Q2 2021, PayPal's free cash flow was down 33% y/y to $1 billion. Obviously, when taken together with its lackluster top-line growth rate during Q2 2021 this doesn't paint a particularly impressive picture of PayPal's performance.\nOn the other hand, consistent with its previous two quarters, PayPal once more reaffirmed its free cash flow guidance for $5 billion in 2021. Demonstrating that aside from the impact of eBay's migration, PayPal's free cash flow performance in 2021 remains unchanged from the start of the year.\nValuation - Not Expensively Valued\nHigh-quality stocks rarely come cheaply towards the end of a very long bull market.\nIn a market where many companies are highly unprofitable and with middle-of-the-road revenue growth rates, PayPal is not only growing by 20% CAGR this year, but it's expected to grow at an even faster ratenext year, while also generating ample free cash flow.\nThere aren't too many companies out there as entrenched as PayPal in fintech priced at 74x free cash flow.\nOn the surface, this may appear expensive, but readers should keep in mind that this is free cash flows and not a sales multiple.\nMeanwhile, for context, on a sales multiple, PayPal trades at 13x sales.\nThe Bottom Line\nPayPal's Q3 guidance took many investors by surprise, particularly given that this blue-chip household name rarely misfires. However, its underlying performance remains very strong.\nGiven its strong free cash flow generation, and approximately mid-20s% CAGR expected next year, I believe that this stock is cheaply valued at just 13x sales.\nHowever, since there are so many high-growth small-cap stocks that are now heavily into correction territory, I believe that there are even better investment opportunities elsewhere.","news_type":1},"isVote":1,"tweetType":1,"viewCount":274,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172651608,"gmtCreate":1626960439504,"gmtModify":1633769373309,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/172651608","repostId":"1127427732","repostType":4,"repost":{"id":"1127427732","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":1626954531,"share":"https://www.laohu8.com/m/news/1127427732?lang=&edition=full","pubTime":"2021-07-22 19:48","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1127427732","media":"Tiger Newspress","summary":"(Julr 22) Stock futures advanced on Thursday, with investors looking to earnings and data for impetu","content":"<p>(Julr&nbsp;22)&nbsp;Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.</p>\n<p>At 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&amp;P 500 E-minis were up 6.5&nbsp;points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/6f0ee7363c9fe8efde482515ffff79ac\" tg-width=\"1242\" tg-height=\"538\" referrerpolicy=\"no-referrer\">The turnaround from the Monday selloff shows “corporations have been very resilient through all this,”&nbsp;David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”</p>\n<p>Energy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review.&nbsp;Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.</p>\n<p>Some other notable pre-market movers:</p>\n<ul>\n <li>Didi Global (DIDI) drops 3% in&nbsp;premarket&nbsp;trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.</li>\n <li>Texas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”</li>\n <li>AT&amp;T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.</li>\n <li>Dow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.</li>\n <li><a href=\"https://laohu8.com/S/CEMI\">Chembio Diagnostics</a> (CEMI) gains 9.9% and <a href=\"https://laohu8.com/S/NURO\">NeuroMetrix</a> (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.</li>\n</ul>\n<p>Elsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.</p>\n<p>Bitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.</p>\n<p>In commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.</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>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday\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\">2021-07-22 19:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Julr&nbsp;22)&nbsp;Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.</p>\n<p>At 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&amp;P 500 E-minis were up 6.5&nbsp;points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%.&nbsp;</p>\n<p><img src=\"https://static.tigerbbs.com/6f0ee7363c9fe8efde482515ffff79ac\" tg-width=\"1242\" tg-height=\"538\" referrerpolicy=\"no-referrer\">The turnaround from the Monday selloff shows “corporations have been very resilient through all this,”&nbsp;David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”</p>\n<p>Energy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review.&nbsp;Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.</p>\n<p>Some other notable pre-market movers:</p>\n<ul>\n <li>Didi Global (DIDI) drops 3% in&nbsp;premarket&nbsp;trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.</li>\n <li>Texas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”</li>\n <li>AT&amp;T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.</li>\n <li>Dow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.</li>\n <li><a href=\"https://laohu8.com/S/CEMI\">Chembio Diagnostics</a> (CEMI) gains 9.9% and <a href=\"https://laohu8.com/S/NURO\">NeuroMetrix</a> (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.</li>\n</ul>\n<p>Elsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.</p>\n<p>Bitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.</p>\n<p>In commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127427732","content_text":"(Julr 22) Stock futures advanced on Thursday, with investors looking to earnings and data for impetus to extend a 2-day rally that wiped out losses sustained during the worst trading day of 2021.\nAt 7:54 a.m. ET, Dow E-minis were up 47 points, or 0.14%, S&P 500 E-minis were up 6.5 points, or 0.15% and Nasdaq 100 E-minis rose 28.75 points, or 0.19%. \nThe turnaround from the Monday selloff shows “corporations have been very resilient through all this,” David Mazza, Direxion head of product, said on Bloomberg Television. “Earnings estimates are quite remarkable, probably some of the best on record. Even through all this, we have central-bank liquidity remaining very abundant, economic growth being robust.”\nEnergy and mega-cap tech stocks gained ahead of a new batch of earnings reports, the latest initial claims data and the first ECB meeting to incorporate the bank's new strategic review. Energy stocks Chevron Corp, Exxon Mobil, Schlumberger NV, Occidental Petroleum and Marathon Petroleum Corp climbed between 0.1% and 1%, tracking crude prices.\nSome other notable pre-market movers:\n\nDidi Global (DIDI) drops 3% in premarket trading after people familiar with the matter said Chinese regulators are considering serious, perhaps unprecedented, penalties for for the ride-hailing giant after its controversial initial public offering last month.\nTexas Instruments (TXN) drops 4.8% after third-quarter sales and profit forecasts left analysts disappointed, with Barclays saying the “flat outlook leaves little to live for this late in the cycle.”\nAT&T (T) added 0.9% as the telecom operator beat analysts’ estimates for monthly phone bill paying subscriber additions in the second quarter, fueled by more Americans converting to 5G phones.\nDow (DOW) rose 1.3% after its second-quarter profit doubled from the first, as prices for its chemicals used in plastics and packaging rose on the back of strong consumer and industrial demand as well as lower inventories.\nChembio Diagnostics (CEMI) gains 9.9% and NeuroMetrix (NURO) surges 33% amid discussions on message boards at Reddit and StockTwits.\n\nElsewhere, the Labor Department’s report, due at 8:30 a.m. ET, is expected to show the number of Americans filing new claims for unemployment benefits fell to 350K (from 360K) for the week ended July 17, amid rampant worker shortages. Investors have been closely following the health of the jobs market on which monetary policy hinges, especially after a series of higher inflation reading recently sparked fears about a sooner-than expected paring of policy support as the economy reopens.\nBitcoin briefly rose above $32,000 after getting a boost from Elon Musk, who said his space exploration company SpaceX owns the digital token.\nIn commodities oil hung on to most of Wednesday's sharp price rise, its biggest one-day gain in three months. Brent crude futures were last 0.4% softer at $71.94 a barrel, but had gained more than 4% on Wednesday. Gold was steady at $1,801 an ounce and cryptocurrencies were firm after bouncing from lows when Tesla boss Elon Musk said the carmaker would likely restart accepting bitcoin payments after due diligence on its energy use.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144094523,"gmtCreate":1626251614462,"gmtModify":1633928624349,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/144094523","repostId":"2151959761","repostType":4,"isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129580129,"gmtCreate":1624377573261,"gmtModify":1634007000387,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Interesting&nbsp;","listText":"Interesting&nbsp;","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/129580129","repostId":"1118580429","repostType":4,"repost":{"id":"1118580429","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":1624376537,"share":"https://www.laohu8.com/m/news/1118580429?lang=&edition=full","pubTime":"2021-06-22 23:42","market":"us","language":"en","title":"Krispy Kreme eyes near $4 bln valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1118580429","media":"Reuters","summary":"June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. init","content":"<p>June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)</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>Krispy Kreme eyes near $4 bln valuation in U.S. IPO</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\">\nKrispy Kreme eyes near $4 bln valuation in U.S. IPO\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\">2021-06-22 23:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DNUT":"Krispy Kreme, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118580429","content_text":"June 22 (Reuters) - Krispy Kreme Inc is looking to raise as much as $640 million through a U.S. initial public offering, according to a regulatory filing on Tuesday, valuing the donut chain at nearly $4 billion. (Reporting by Sohini Podder in Bengaluru; Editing by Krishna Chandra Eluri)","news_type":1},"isVote":1,"tweetType":1,"viewCount":23,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164400561,"gmtCreate":1624232032453,"gmtModify":1634009318459,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Like&nbsp;","listText":"Like&nbsp;","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/164400561","repostId":"1154249454","repostType":4,"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839493494,"gmtCreate":1629171154618,"gmtModify":1633686837983,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/839493494","repostId":"1155687461","repostType":4,"repost":{"id":"1155687461","kind":"news","pubTimestamp":1629166865,"share":"https://www.laohu8.com/m/news/1155687461?lang=&edition=full","pubTime":"2021-08-17 10:21","market":"us","language":"en","title":"FuboTV: Continued Progress On The March To Profitability","url":"https://stock-news.laohu8.com/highlight/detail?id=1155687461","media":"seekingalpha","summary":"Summary\n\nfuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising","content":"<p><b>Summary</b></p>\n<ul>\n <li>fuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising,&nbsp;and the eventual launch of real-money wagering.</li>\n <li>The company had triple-digit year-over-year growth in both total paid subscribers and revenue growth.</li>\n <li>fuboTV had an&nbsp;Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%, thereby showing improved operating leverage.</li>\n <li>The company is on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and fubo added a&nbsp;market access agreement for their fourth state, Pennsylvania in Q2.</li>\n <li>fubo is a buy for aggressive growth investors.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/af7296f7a2085a34994d7c485a529563\" tg-width=\"768\" tg-height=\"432\" width=\"100%\" height=\"auto\"><span>RightFramePhotoVideo/iStock via Getty Images</span></p>\n<p>The&nbsp;last time I posted&nbsp;about fuboTV(NYSE:FUBO)in May, the stock was trading at $21.72 and was coming off a strong Q1 earnings report that sent the stock up +10% the day after earnings were released. Each quarter, fuboTV has only continued to prove critics wrong as the company maintains putting up numbers showing a strong march toward profitability.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/10c059c77020997d84e21eeff219cba5\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Fubo's investing thesis is based on the company producing both strong revenue growth and eventually reaching profitability through the contribution from at least three major revenue sources which currently are:virtual MVPD&nbsp;subscriptions, CTV advertising, and the eventual launch of real-money wagering.</p>\n<blockquote>\n As we've cited previously, our strategy is rooted in the intersection of 3 megatrends: the secular decline of traditional television, the shift of TV ad dollars to connected devices; and online sports wagering, a market opportunity which we believe complements our sports-first live TV streaming platform. We are laser-focused on staying ahead of these trends.\n</blockquote>\n<blockquote>\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n</blockquote>\n<p>The key things investors should look for in fuboTV's quarterly results to determine whether the company is on the path of maintaining strong growth and eventually scaling to profitability are:</p>\n<ul>\n <li>Strong Paid subscriber growth</li>\n <li>Strong vMVPD market share growth</li>\n <li>Strong Advertising ARPU (Average Revenue Per User) growth</li>\n <li>Strong Total ARPU (Average Revenue Per User) growth</li>\n <li>Continued growth in the Contribution Margin</li>\n <li>The successful launch of Fubo Sportsbook with real-money wagering.</li>\n</ul>\n<p>This article will go through fuboTV's latest earnings and showing how the company is making tangible progress on all three revenue fronts.</p>\n<p><b>Figuring Out the Secret Sauce</b></p>\n<p>Ever since Dish&nbsp;(NASDAQ:DISH)&nbsp;started the concept of the \"skinny bundle\" with the first&nbsp;vMPVD&nbsp;called SlingTV, companies have been searching for ways to make the concept profitable.</p>\n<p>Part of the problem with vMVPDs is that they all have high variable costs, in the form of high content expenses, that cause very low gross margins. Most vMVPDs are structurally unprofitable because the variable (content) costs are sometimes even greater than the price of their subscription fees, consequently, even at scale most vMVPDs would have a profitability problem because scaling the business would only cover costs that are fixed.</p>\n<p>In order for most vMVPDs to become profitable, they would have to lower content costs or raise subscription prices. Lowering content costs, more often than not, involves getting rid of expensive content. The problem is the most expensive content is often what the viewers most want to see and when that content is eliminated, it often causes churn and costs the vMVPDs a loss of subscribers.</p>\n<p>If a vMVPD goes the other route and raises subscription prices, many are finding out that they don't have a lot of pricing power for the content that they are offering. Maybe only two companies, in the general entertainment space in Connected TV, have pricing power and that is Netflix(NASDAQ:NFLX)and Disney(NYSE:DIS). So many vMVPDs are stuck between a rock and a hard place.</p>\n<p>So, what's the solution?</p>\n<p>I don't know if fuboTV management logically thought it out or just simply accidently discovered it but the viewing public does have a thirst for live TV. When Netflix first arose as a streaming phenomenon, they pretty much began to dominate every category of TV viewing but the one area Netflix left alone was live TV, made up primarily of sports and news.</p>\n<p>FuboTV started as a soccer streaming service, and then changed to an all-sports service in 2017. So, fuboTV was born as a live streaming service and while fuboTV does offer general scripted entertainment today, they still brand themselves as a \"Sports First\" and a live TV service. In Q2, 94% of Fubo's content was viewed on a big-screen connected TV and 89% of that viewing was for live content.</p>\n<p>One reason why live content is important for fuboTV is that there is a ton of competition among vMVPDs that offer mostly scripted content. There is a lot less competition among vMVPDs that have a focus on providing more live content for sports and news.</p>\n<p>So, fuboTV fits right into an opening that Netflix left wide open. Also, unlike more general entertainment, there is some emerging evidence that sports viewing has some pricing power and the popularity of sports (especially the NFL and Soccer) is also helping&nbsp;fuboTV gain market share&nbsp;against other vMVPDs.</p>\n<p>Investors that have read&nbsp;FuboTV's S-1, might realize that the company had a plan from the beginning to pay a majority of their variable (content) costs through subscription revenue and then later become profitable through adding a combination of higher margin revenue sources that include advertising, real money wagering and other additional services/content. The company is still in the relative early stages of implementing that plan, which is why I still consider fuboTV a speculative stock.</p>\n<p><b>FuboTV Q2 2021 Earnings Report</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b001cc03e46cb7bef17b78ec5e028615\" tg-width=\"640\" tg-height=\"353\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Earnings Slides</span></p>\n<p>FuboTV delivered triple-digit year-over-year growth in total paid subscribers, which was up 138% to 681,721 compared to just 31% growth for the entire virtual MVPD market over the same period. Overall, subscriber growth was driven by cord cutters increasingly choosing fuboTV over more expensive legacy pay-TV services or other vMVPDs.</p>\n<p>Secondarily, Q2 2021 subscriber growth was driven by a heavy sports calendar and expanded smart TV distribution which helped increase the net subscriber additions by 91,291, compared to last year's Q2 sequential decline of approximately 1,000 subscribers, a number that last year was largely affected by the pandemic shutting down most sporting events. This year's heavy sports calendar includedfuboTV's exclusive streamsof the South American Qatar World Cup qualifying matches (CONMEBOL).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b6ff85451655b7867e1030f5b2b36c26\" tg-width=\"640\" tg-height=\"412\" width=\"100%\" height=\"auto\"><span>Source:fuboTV Q2 2021 Shareholder Letter</span></p>\n<p>FuboTV also showed&nbsp;<b>strong increases in engagement</b>&nbsp;with users (both paid and trial) streaming over 245 million hours, up 148% year-over-year. Fubo MAUs (Monthly Active Users) watched a total of 134 hours per month per user on average in the quarter. According to management, the strong engagement numbers were driven by product enhancements, content personalization and improvements to fuboTV's technology and platform infrastructure.</p>\n<blockquote>\n Our&nbsp;\n <b>impressive engagement metrics</b>, particularly the number of hours viewed, indicate that consumers prefer a holistic content bundle with a wide assortment of premium content. In our view, we are still in the early days for virtual MVPDs, and our category will continue to gain popularity.\n</blockquote>\n<blockquote>\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n</blockquote>\n<p>Among the reasons that David Gandler thinks it is early days for vMVPDs is because he believes that there will be a major shift in the TV industry back to content \"bundling\". Gandler believes that the proliferation of SVOD or&nbsp;Subscriber Video on Demand&nbsp;services (Ex. Netflix, Disney+) will become increasingly too costly for consumers. There is already some evidence of that particular sentiment becoming true. According to a&nbsp;global survey from Apester, 60.1% of people are sick of so many streaming services.</p>\n<p>In the earnings call, David Gandler mentions that consumers are&nbsp;experiencing fatigue&nbsp;from managing too many subscriptions, which is some cases cost more than the original legacy cable bundle that forced consumers to cut the cord in the first place. In my opinion, I believe the TV industry will increasingly consolidate content and/or the concept of \"bundling\" will return, only it will be this time on CTV, instead of cable.</p>\n<p>FuboTV's&nbsp;<b>total Q2 revenue growth was up 196% YoY</b>&nbsp;to $130.9 million and advertising revenue was up 281% to $16.5 million. FuboTV has increased their total revenue YoY growth number in every quarter since the company gave their&nbsp;first pro-forma Q3 2020 revenue growth&nbsp;numbers of 71%.</p>\n<p>Growth in advertising revenue is also an important aspect for Fubo because capturing the shift of&nbsp;<b>higher margin</b>&nbsp;TV advertising dollars from&nbsp;Linear TV&nbsp;to connected devices is part of the second leg of fuboTV's overall strategy to eventually become profitable.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6c0253ae9912e4bfe8e06a6e80a4cb0f\" tg-width=\"640\" tg-height=\"360\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Earnings Slides</span></p>\n<p>Advertising accounted for 13% of total revenue in the Q2 2021, compared to 10% in the Q2 2020. Fubo's advertising ARPU was up 62% year-over-year to $8.70, and increased 22% sequentially. This is absolutely spectacular growth in ARPU. Rising advertising ARPU for a company like Fubo is an indication that the company's viewers are being seen as being more valuable by advertisers.</p>\n<p>FuboTV is currently growing their national ad sales team to address what the company calls \"significant demand in the marketplace\". FuboTV's advertiser base consists of Fortune 500 companies and blue-chip national brands that have observed that FUBO has attracted a very&nbsp;<b>highly engaged premium audience</b>. Advertisers like the fact that they can highly target a growing premium audience with Fubo'sfirst-partyaddressable data. Brands also find advertising on the Fubo platform very attractive because&nbsp;CTV allows&nbsp;the effectiveness of ads on the platform to be precisely measured, which is an advantage over cable TV.</p>\n<p><b>Expenses</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d48c1682b13fb5b019a05ec4ca1bfc25\" tg-width=\"640\" tg-height=\"263\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Shareholder Letter</span></p>\n<p>Fubo's&nbsp;<b>subscriber-related expenses</b>, which&nbsp;<b>primarily consist of content cost</b>, accounted for 92% of total revenue in the quarter, an improvement of 28 percentage points compared to the year prior. This shows that FUBO has gotten better about managing content costs over the past year.</p>\n<p>Subscriber-related expenses can also be considered cost of sales or cost of revenues. Using the formula,<b>Gross Profit = Revenue - Cost of Sales</b>, FUBO had a Gross Profit of $10.38 million, making Gross margins around 8%.</p>\n<p>These low gross margins are among the things critics don't like about fuboTV. The vMVPD subscriber revenue portion of the business carries very low gross margins and the situation won't markedly improve until the company increases its percentage of product revenue that have much higher gross margins, like the advertising, interactive products and the real-money wagering portions of the business.</p>\n<p>FuboTV's operating expenses in Q2 was $211.95 million. Operating expenses as a percentage of revenue in the second quarter improved 97 percentage points from 252% in Q2 2020 to 155% in 2Q 2021, showing that the company is improving its operating leverage.</p>\n<p>One important aspect of the operating expenses is Fubo's investment in S&amp;M, which came in at $21.51 million in Q2 or 16% of revenue, down sequentially from 18% of revenue in the first quarter of 2021. So, the company is also becoming more efficient in how they deploy sales and marketing dollars, while still achieving strong subscriber growth and lowering churn by 203 basis points year-over-year.</p>\n<p>Currently, fuboTV shows an operating loss of $81.07 million in Q2 2021, compared to an operating loss of $67.29 million in Q2 2020. Investors should be aware that in the companiesS-1, the very first risk factor that fuboTV management included is this one:</p>\n<blockquote>\n We have incurred operating losses in the past, expect to incur operating losses in the future and may never achieve or maintain profitability.\n</blockquote>\n<blockquote>\n Source:FuboTV S-1\n</blockquote>\n<p>Profitability is the major risk with FUBO and the progress toward profitability should be closely monitored by anyone investing in this company. However, the overall operating revenue numbers is not the best way to measure fuboTV's path to profitability, instead FuboTV uses a metric called Adjusted Contribution Margin.</p>\n<p>I first learned of the concept of Contribution Margin whenNetflix first started using the metricto better manage their content expenses (variable costs).Contribution margin analysisis a measure ofoperating leverage; it measures how growth in sales translates to growth in profits.</p>\n<p>FuboTV is essentially following Netflix's playbook with their use of the contribution margin both to measure their operating leverage and to better manage content expenses. In Q2, FuboTV had an Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%. So Fubo's Adjusted Contribution Margin has been showing constant improvement over the last two years, another confirmation of improving operating leverage.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/83025af4aa71f3ff8461f828279aa80e\" tg-width=\"640\" tg-height=\"350\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Earnings Slides</span></p>\n<p>In addition to an expanding Adjusted Contribution Margin, fuboTV has grown their overall Average Revenue Per User (ARPU) 30% YoY to an impressive&nbsp;<b>$71.43,</b>which is a strong monetization number. Many people consider Roku's ARPU number as impressive andRoku grew their ARPU 46%to only&nbsp;<b>$36.46</b>&nbsp;(on a trailing 12-month basis) in their second quarter.</p>\n<p>Adjusted EBITDA margin improved YoY from minus 95% to minus 36%. Net loss in Q2 was $94.9 million and EPS in the quarter was negative $0.68 compared to a loss of $2.08 in the second quarter of 2020. This missed analyst estimates by $0.18.</p>\n<p>Adjusted EPS in the second quarter 2021 was a loss of $0.38 beat analyst estimates by $0.11. Expenses incurred for the launch of the wagering business impacted EPS and adjusted EPS by $0.02 in the quarter.</p>\n<p><b>Balance Sheet</b></p>\n<p>FUBO ended the quarter with $412 million in cash, cash equivalent and restricted cash.</p>\n<p>FUBO has aquick ratioof 2.332. A company with a quick ratio of 1.0 and above can easily pay current liabilities.</p>\n<p>FUBO has aDebt-to-Equity ratioof 0.476, which is a measure of the ability to pay long term liabilities. Companies with a Debt-to-Equity ratio of less than 1.0, means a company tends to use more equity than debt to finance operations which is generally less risky than firms whose Debt-to-Equity ratio is greater than 1.0.</p>\n<p>Operating cash flow in the quarter was negative $33.6 million, improving $20 million compared to the first quarter of 2021 and the number includes a $4.3 million negative impact from a payment associated with the buildup of the wagering business.</p>\n<p><b>Guidance</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/86f71e24685f80b82bdf502aafb3e065\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>Source:FuboTV Q2 2021 Shareholder Letter</span></p>\n<p>One important take-away from this guidance is that it doesn't include any revenue from the Fubo Sportsbook that's still expected to launch in Q4 and even without that addition, fuboTV increased their revenue and subscriber guidance for the full year 2021.</p>\n<p><b>More On Advertising</b></p>\n<p>Two things mentioned in the Q2 2021 Shareholder Letter that occurred in the quarter, was the launch of theBranded Content studioand the start of a first-party datapartnership with LiveRamp(NYSE:RAMP). Both news items were first announced beforethis year upfronts.</p>\n<p>The Branded Content Studio allows advertisers to be able to collaborate with fuboTV's creative team to build short or long form custom branded content to air on the Fubo Sports Network.</p>\n<p>The new data partnership with LiveRamp is designed to improve Fubo's existing addressable targeting capabilities by enabling advertisers to combine Fubo's first party data with LiveRamp's Advanced TV products, which include subscriber file matching, viewership and measurement with Data Plus Math.Data Plus Mathprovides media measurement and analytics to streaming services like FuboTV along with its advertising brand customers to determine which people are watching the ads, and matching it with other consumer behavior data.</p>\n<blockquote>\n We capitalized on the high demand for CTV in this year's upfront, with buyers seeking to reach our valuable cord-cutting audience of premium paying subscribers that can't be accessed via linear TV. FuboTV's concentration of live sports content also drove outperformance on advertising in the quarter.\n</blockquote>\n<blockquote>\n Source:FuboTV Q2 2021 Shareholder Letter\n</blockquote>\n<p><b>Wagering &amp; Interactivity</b></p>\n<p>Fubo indicated in their Shareholder Letter that are on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and the CEO David Gandler also announced during the earnings call that Fubo added amarket access agreementfor their fourth state, Pennsylvania, through a partnership with theCordish Companies, a highly respected international developer of large-scale projects.</p>\n<p>CEO David Gandler also revealed a video on the company'sQ2 2021 Earnings Live Video Webinaron how the Sportsbook app is designed to synch with what the user is watching on fuboTV at every moment. The app is designed this way, in order to provide a highly personalized interactive betting experience for the user.</p>\n<p>FuboTV is all about enhancing interactivity and one of the ways that they have already done that is with their launch of predictive, free-to-play games.</p>\n<p>In the Q2 Shareholder Letter, FUBO highlighted the fact that these free-to-play games are a key component of the company's overall wagering strategy because it is considered a potential customer on-ramp to the Sportsbook app and fuboTV, in general.</p>\n<p>The company also plans to use the interactive, free-to-play games to measure the likelihood of customers to engage in even greater levels of interactivity on the Fubo platform. Additionally, free-to-play games have the potential to drive greater levels of adoption of the future wagering product.</p>\n<p>Fubo's first stab at a free-to-play predictive game is theCONMEBOL Predictive Challengewhich tested a user's sports knowledge by presenting questions to be answered about each match in the South American Football Confederation (CONMEBOL) that occurred on June 3rd, 4th and 8th. The Challenge provided a chance to win a free year of fuboTV service<b>.</b></p>\n<p>Fubo used their exclusive CONMEBOL coverage to beta test their interactive game, which Fubo had integrated into their core vMVPD platform. Like most beta tests, Fubo tested this gaming experience on a select group of users to gather data on usability and to optimize the experience ahead of launching the gaming experience to a wider audience.</p>\n<p>Another beta test that Fubo conducted was the new FanView feature, which is a user-initiated feature that shows supplemental, interactive information, like live game stats and scores. FanView screens are located next to and under a reduced-size video player.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b0620209ed3727c3f6307fd4eb9dd720\" tg-width=\"640\" tg-height=\"357\" width=\"100%\" height=\"auto\"><span>Source:FuboTV</span></p>\n<blockquote>\n As expected, gaming proved extremely popular across the subset of users with whom we conducted our test. We saw a nice lift in viewership, with subscribers who engaged in free gaming watching CONMEBOL content for&nbsp;\n <b>significantly more time per user</b>&nbsp;than those that did not play.\n</blockquote>\n<blockquote>\n Source:FuboTV Q2 2021 Shareholder Letter\n</blockquote>\n<p>Fubo also indicated that they plan on launching the above features of interactive, free-to-play gaming and FanView to all fuboTV subscribers on multiple sports this fall. I also don't think this will be the last innovative \"first mover\" type features that fuboTV will release in the future either.</p>\n<p>Fubo management has made commentary since theirS-1, that they were focused on building applications in traditional entertainment, sports entertainment, live events, social networking, mixed reality (AR/VR) and artificial intelligence. That focus has led the company to currently building a personalized and interactive streaming experience that the company credits for their current ability to capture market share.</p>\n<p><b>Valuation</b></p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Mkt Cap (BIL)</td>\n   <td><p>Price/Sales</p></td>\n   <td>Free Cash Flow Margin %</td>\n   <td>EV/Sales (FWD)</td>\n   <td>Revenue Growth (Y/Y) %</td>\n   <td>Gross Margins %</td>\n   <td>Operating Margins %</td>\n  </tr>\n  <tr>\n   <td>Roku (ROKU)</td>\n   <td>$50.61B</td>\n   <td>21.70</td>\n   <td>6.01%</td>\n   <td>16.73</td>\n   <td>81.18%</td>\n   <td>52.43%</td>\n   <td>10.71%</td>\n  </tr>\n  <tr>\n   <td>DISH Network (DISH)</td>\n   <td>$22.78B</td>\n   <td>1.46</td>\n   <td>16.63%</td>\n   <td>1.93</td>\n   <td>40.79%</td>\n   <td>35.68%</td>\n   <td>20.21%</td>\n  </tr>\n  <tr>\n   <td>DraftKings (DKNG)</td>\n   <td>$20.97B</td>\n   <td>19.86</td>\n   <td>-40.04%</td>\n   <td>15.27</td>\n   <td>319.6%</td>\n   <td>37.16%</td>\n   <td>-108%</td>\n  </tr>\n  <tr>\n   <td>fuboTV (FUBO)</td>\n   <td>$4.05B</td>\n   <td>6.90</td>\n   <td>-32.76</td>\n   <td>7.87</td>\n   <td>196%</td>\n   <td>8%</td>\n   <td>-61.93%</td>\n  </tr>\n </tbody>\n</table>\n<p>Fubo makes for a very interesting comparison with Roku. Fubo is currently growing faster than Roku and has a much better ARPU. The primary reason that Roku is valued so much more highly than Fubo is that there are very real worries about Fubo ever becoming profitable, while Roku is already profitable.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/39250f37532ed7be4c37a6da2e78aa9e\" tg-width=\"475\" tg-height=\"389\" width=\"100%\" height=\"auto\"><span>Source: Yahoo Finance</span></p>\n<p>The above is based on 8 Wall Street analysts offering 12-month price targets for fuboTV in the last 3 months. The average price target is $39.50 with a high forecast of $60.00 and a low forecast of $26.00. The average price target represents a 37% increase from the last price of $28.83.</p>\n<p><b>Conclusion</b></p>\n<p>The results from the latest quarter seems to have the Bears on the run, although as I write this the stock is down 10% in reaction to news that the company plans a$500 million stock offering.</p>\n<p>FuboTV is still a speculative stock but each quarter of results makes it look increasingly more likely that the company will both be able to sustain growth and eventually become profitable. If Fubo also successfully launches its wagering business in Q4, then the stock could wind up one of the better performers in 2021, as it could force many short sellers to concede defeat.</p>\n<p>I look at the pullback in stock price as a reason for aggressive growth investors to buy Fubo after such an excellent quarter that shows progress on all fronts and includes an increase of full year guidance.</p>\n<p>Fubo was once a company that I only had a little conviction about but I am becoming increasingly more confident in the company's long-term prospects, as Fubo does nothing but strongly execute on its business plan that was first laid out in itsS-1filing.</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>FuboTV: Continued Progress On The March To Profitability</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\">\nFuboTV: Continued Progress On The March To Profitability\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-17 10:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449793-fubotv-continued-progress-to-profitability><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nfuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising, and the eventual launch of real-money wagering.\nThe company had triple-digit year-over-year growth...</p>\n\n<a href=\"https://seekingalpha.com/article/4449793-fubotv-continued-progress-to-profitability\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"source_url":"https://seekingalpha.com/article/4449793-fubotv-continued-progress-to-profitability","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155687461","content_text":"Summary\n\nfuboTV expects to achieve profitability through virtual MVPD subscriptions, CTV advertising, and the eventual launch of real-money wagering.\nThe company had triple-digit year-over-year growth in both total paid subscribers and revenue growth.\nfuboTV had an Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%, thereby showing improved operating leverage.\nThe company is on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and fubo added a market access agreement for their fourth state, Pennsylvania in Q2.\nfubo is a buy for aggressive growth investors.\n\nRightFramePhotoVideo/iStock via Getty Images\nThe last time I posted about fuboTV(NYSE:FUBO)in May, the stock was trading at $21.72 and was coming off a strong Q1 earnings report that sent the stock up +10% the day after earnings were released. Each quarter, fuboTV has only continued to prove critics wrong as the company maintains putting up numbers showing a strong march toward profitability.\nData by YCharts\nFubo's investing thesis is based on the company producing both strong revenue growth and eventually reaching profitability through the contribution from at least three major revenue sources which currently are:virtual MVPD subscriptions, CTV advertising, and the eventual launch of real-money wagering.\n\n As we've cited previously, our strategy is rooted in the intersection of 3 megatrends: the secular decline of traditional television, the shift of TV ad dollars to connected devices; and online sports wagering, a market opportunity which we believe complements our sports-first live TV streaming platform. We are laser-focused on staying ahead of these trends.\n\n\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n\nThe key things investors should look for in fuboTV's quarterly results to determine whether the company is on the path of maintaining strong growth and eventually scaling to profitability are:\n\nStrong Paid subscriber growth\nStrong vMVPD market share growth\nStrong Advertising ARPU (Average Revenue Per User) growth\nStrong Total ARPU (Average Revenue Per User) growth\nContinued growth in the Contribution Margin\nThe successful launch of Fubo Sportsbook with real-money wagering.\n\nThis article will go through fuboTV's latest earnings and showing how the company is making tangible progress on all three revenue fronts.\nFiguring Out the Secret Sauce\nEver since Dish (NASDAQ:DISH) started the concept of the \"skinny bundle\" with the first vMPVD called SlingTV, companies have been searching for ways to make the concept profitable.\nPart of the problem with vMVPDs is that they all have high variable costs, in the form of high content expenses, that cause very low gross margins. Most vMVPDs are structurally unprofitable because the variable (content) costs are sometimes even greater than the price of their subscription fees, consequently, even at scale most vMVPDs would have a profitability problem because scaling the business would only cover costs that are fixed.\nIn order for most vMVPDs to become profitable, they would have to lower content costs or raise subscription prices. Lowering content costs, more often than not, involves getting rid of expensive content. The problem is the most expensive content is often what the viewers most want to see and when that content is eliminated, it often causes churn and costs the vMVPDs a loss of subscribers.\nIf a vMVPD goes the other route and raises subscription prices, many are finding out that they don't have a lot of pricing power for the content that they are offering. Maybe only two companies, in the general entertainment space in Connected TV, have pricing power and that is Netflix(NASDAQ:NFLX)and Disney(NYSE:DIS). So many vMVPDs are stuck between a rock and a hard place.\nSo, what's the solution?\nI don't know if fuboTV management logically thought it out or just simply accidently discovered it but the viewing public does have a thirst for live TV. When Netflix first arose as a streaming phenomenon, they pretty much began to dominate every category of TV viewing but the one area Netflix left alone was live TV, made up primarily of sports and news.\nFuboTV started as a soccer streaming service, and then changed to an all-sports service in 2017. So, fuboTV was born as a live streaming service and while fuboTV does offer general scripted entertainment today, they still brand themselves as a \"Sports First\" and a live TV service. In Q2, 94% of Fubo's content was viewed on a big-screen connected TV and 89% of that viewing was for live content.\nOne reason why live content is important for fuboTV is that there is a ton of competition among vMVPDs that offer mostly scripted content. There is a lot less competition among vMVPDs that have a focus on providing more live content for sports and news.\nSo, fuboTV fits right into an opening that Netflix left wide open. Also, unlike more general entertainment, there is some emerging evidence that sports viewing has some pricing power and the popularity of sports (especially the NFL and Soccer) is also helping fuboTV gain market share against other vMVPDs.\nInvestors that have read FuboTV's S-1, might realize that the company had a plan from the beginning to pay a majority of their variable (content) costs through subscription revenue and then later become profitable through adding a combination of higher margin revenue sources that include advertising, real money wagering and other additional services/content. The company is still in the relative early stages of implementing that plan, which is why I still consider fuboTV a speculative stock.\nFuboTV Q2 2021 Earnings Report\nSource:FuboTV Q2 2021 Earnings Slides\nFuboTV delivered triple-digit year-over-year growth in total paid subscribers, which was up 138% to 681,721 compared to just 31% growth for the entire virtual MVPD market over the same period. Overall, subscriber growth was driven by cord cutters increasingly choosing fuboTV over more expensive legacy pay-TV services or other vMVPDs.\nSecondarily, Q2 2021 subscriber growth was driven by a heavy sports calendar and expanded smart TV distribution which helped increase the net subscriber additions by 91,291, compared to last year's Q2 sequential decline of approximately 1,000 subscribers, a number that last year was largely affected by the pandemic shutting down most sporting events. This year's heavy sports calendar includedfuboTV's exclusive streamsof the South American Qatar World Cup qualifying matches (CONMEBOL).\nSource:fuboTV Q2 2021 Shareholder Letter\nFuboTV also showed strong increases in engagement with users (both paid and trial) streaming over 245 million hours, up 148% year-over-year. Fubo MAUs (Monthly Active Users) watched a total of 134 hours per month per user on average in the quarter. According to management, the strong engagement numbers were driven by product enhancements, content personalization and improvements to fuboTV's technology and platform infrastructure.\n\n Our \n impressive engagement metrics, particularly the number of hours viewed, indicate that consumers prefer a holistic content bundle with a wide assortment of premium content. In our view, we are still in the early days for virtual MVPDs, and our category will continue to gain popularity.\n\n\n Source: fuboTV CEO David Gandler -Q2 2021 Earnings Call\n\nAmong the reasons that David Gandler thinks it is early days for vMVPDs is because he believes that there will be a major shift in the TV industry back to content \"bundling\". Gandler believes that the proliferation of SVOD or Subscriber Video on Demand services (Ex. Netflix, Disney+) will become increasingly too costly for consumers. There is already some evidence of that particular sentiment becoming true. According to a global survey from Apester, 60.1% of people are sick of so many streaming services.\nIn the earnings call, David Gandler mentions that consumers are experiencing fatigue from managing too many subscriptions, which is some cases cost more than the original legacy cable bundle that forced consumers to cut the cord in the first place. In my opinion, I believe the TV industry will increasingly consolidate content and/or the concept of \"bundling\" will return, only it will be this time on CTV, instead of cable.\nFuboTV's total Q2 revenue growth was up 196% YoY to $130.9 million and advertising revenue was up 281% to $16.5 million. FuboTV has increased their total revenue YoY growth number in every quarter since the company gave their first pro-forma Q3 2020 revenue growth numbers of 71%.\nGrowth in advertising revenue is also an important aspect for Fubo because capturing the shift of higher margin TV advertising dollars from Linear TV to connected devices is part of the second leg of fuboTV's overall strategy to eventually become profitable.\nSource:FuboTV Q2 2021 Earnings Slides\nAdvertising accounted for 13% of total revenue in the Q2 2021, compared to 10% in the Q2 2020. Fubo's advertising ARPU was up 62% year-over-year to $8.70, and increased 22% sequentially. This is absolutely spectacular growth in ARPU. Rising advertising ARPU for a company like Fubo is an indication that the company's viewers are being seen as being more valuable by advertisers.\nFuboTV is currently growing their national ad sales team to address what the company calls \"significant demand in the marketplace\". FuboTV's advertiser base consists of Fortune 500 companies and blue-chip national brands that have observed that FUBO has attracted a very highly engaged premium audience. Advertisers like the fact that they can highly target a growing premium audience with Fubo'sfirst-partyaddressable data. Brands also find advertising on the Fubo platform very attractive because CTV allows the effectiveness of ads on the platform to be precisely measured, which is an advantage over cable TV.\nExpenses\nSource:FuboTV Q2 2021 Shareholder Letter\nFubo's subscriber-related expenses, which primarily consist of content cost, accounted for 92% of total revenue in the quarter, an improvement of 28 percentage points compared to the year prior. This shows that FUBO has gotten better about managing content costs over the past year.\nSubscriber-related expenses can also be considered cost of sales or cost of revenues. Using the formula,Gross Profit = Revenue - Cost of Sales, FUBO had a Gross Profit of $10.38 million, making Gross margins around 8%.\nThese low gross margins are among the things critics don't like about fuboTV. The vMVPD subscriber revenue portion of the business carries very low gross margins and the situation won't markedly improve until the company increases its percentage of product revenue that have much higher gross margins, like the advertising, interactive products and the real-money wagering portions of the business.\nFuboTV's operating expenses in Q2 was $211.95 million. Operating expenses as a percentage of revenue in the second quarter improved 97 percentage points from 252% in Q2 2020 to 155% in 2Q 2021, showing that the company is improving its operating leverage.\nOne important aspect of the operating expenses is Fubo's investment in S&M, which came in at $21.51 million in Q2 or 16% of revenue, down sequentially from 18% of revenue in the first quarter of 2021. So, the company is also becoming more efficient in how they deploy sales and marketing dollars, while still achieving strong subscriber growth and lowering churn by 203 basis points year-over-year.\nCurrently, fuboTV shows an operating loss of $81.07 million in Q2 2021, compared to an operating loss of $67.29 million in Q2 2020. Investors should be aware that in the companiesS-1, the very first risk factor that fuboTV management included is this one:\n\n We have incurred operating losses in the past, expect to incur operating losses in the future and may never achieve or maintain profitability.\n\n\n Source:FuboTV S-1\n\nProfitability is the major risk with FUBO and the progress toward profitability should be closely monitored by anyone investing in this company. However, the overall operating revenue numbers is not the best way to measure fuboTV's path to profitability, instead FuboTV uses a metric called Adjusted Contribution Margin.\nI first learned of the concept of Contribution Margin whenNetflix first started using the metricto better manage their content expenses (variable costs).Contribution margin analysisis a measure ofoperating leverage; it measures how growth in sales translates to growth in profits.\nFuboTV is essentially following Netflix's playbook with their use of the contribution margin both to measure their operating leverage and to better manage content expenses. In Q2, FuboTV had an Adjusted Contribution Margin of positive 8.3%, up 316 bps YoY from 5.1%. So Fubo's Adjusted Contribution Margin has been showing constant improvement over the last two years, another confirmation of improving operating leverage.\nSource:FuboTV Q2 2021 Earnings Slides\nIn addition to an expanding Adjusted Contribution Margin, fuboTV has grown their overall Average Revenue Per User (ARPU) 30% YoY to an impressive $71.43,which is a strong monetization number. Many people consider Roku's ARPU number as impressive andRoku grew their ARPU 46%to only $36.46 (on a trailing 12-month basis) in their second quarter.\nAdjusted EBITDA margin improved YoY from minus 95% to minus 36%. Net loss in Q2 was $94.9 million and EPS in the quarter was negative $0.68 compared to a loss of $2.08 in the second quarter of 2020. This missed analyst estimates by $0.18.\nAdjusted EPS in the second quarter 2021 was a loss of $0.38 beat analyst estimates by $0.11. Expenses incurred for the launch of the wagering business impacted EPS and adjusted EPS by $0.02 in the quarter.\nBalance Sheet\nFUBO ended the quarter with $412 million in cash, cash equivalent and restricted cash.\nFUBO has aquick ratioof 2.332. A company with a quick ratio of 1.0 and above can easily pay current liabilities.\nFUBO has aDebt-to-Equity ratioof 0.476, which is a measure of the ability to pay long term liabilities. Companies with a Debt-to-Equity ratio of less than 1.0, means a company tends to use more equity than debt to finance operations which is generally less risky than firms whose Debt-to-Equity ratio is greater than 1.0.\nOperating cash flow in the quarter was negative $33.6 million, improving $20 million compared to the first quarter of 2021 and the number includes a $4.3 million negative impact from a payment associated with the buildup of the wagering business.\nGuidance\nSource:FuboTV Q2 2021 Shareholder Letter\nOne important take-away from this guidance is that it doesn't include any revenue from the Fubo Sportsbook that's still expected to launch in Q4 and even without that addition, fuboTV increased their revenue and subscriber guidance for the full year 2021.\nMore On Advertising\nTwo things mentioned in the Q2 2021 Shareholder Letter that occurred in the quarter, was the launch of theBranded Content studioand the start of a first-party datapartnership with LiveRamp(NYSE:RAMP). Both news items were first announced beforethis year upfronts.\nThe Branded Content Studio allows advertisers to be able to collaborate with fuboTV's creative team to build short or long form custom branded content to air on the Fubo Sports Network.\nThe new data partnership with LiveRamp is designed to improve Fubo's existing addressable targeting capabilities by enabling advertisers to combine Fubo's first party data with LiveRamp's Advanced TV products, which include subscriber file matching, viewership and measurement with Data Plus Math.Data Plus Mathprovides media measurement and analytics to streaming services like FuboTV along with its advertising brand customers to determine which people are watching the ads, and matching it with other consumer behavior data.\n\n We capitalized on the high demand for CTV in this year's upfront, with buyers seeking to reach our valuable cord-cutting audience of premium paying subscribers that can't be accessed via linear TV. FuboTV's concentration of live sports content also drove outperformance on advertising in the quarter.\n\n\n Source:FuboTV Q2 2021 Shareholder Letter\n\nWagering & Interactivity\nFubo indicated in their Shareholder Letter that are on schedule to launch Fubo Sportsbook app in the fourth quarter of this year and the CEO David Gandler also announced during the earnings call that Fubo added amarket access agreementfor their fourth state, Pennsylvania, through a partnership with theCordish Companies, a highly respected international developer of large-scale projects.\nCEO David Gandler also revealed a video on the company'sQ2 2021 Earnings Live Video Webinaron how the Sportsbook app is designed to synch with what the user is watching on fuboTV at every moment. The app is designed this way, in order to provide a highly personalized interactive betting experience for the user.\nFuboTV is all about enhancing interactivity and one of the ways that they have already done that is with their launch of predictive, free-to-play games.\nIn the Q2 Shareholder Letter, FUBO highlighted the fact that these free-to-play games are a key component of the company's overall wagering strategy because it is considered a potential customer on-ramp to the Sportsbook app and fuboTV, in general.\nThe company also plans to use the interactive, free-to-play games to measure the likelihood of customers to engage in even greater levels of interactivity on the Fubo platform. Additionally, free-to-play games have the potential to drive greater levels of adoption of the future wagering product.\nFubo's first stab at a free-to-play predictive game is theCONMEBOL Predictive Challengewhich tested a user's sports knowledge by presenting questions to be answered about each match in the South American Football Confederation (CONMEBOL) that occurred on June 3rd, 4th and 8th. The Challenge provided a chance to win a free year of fuboTV service.\nFubo used their exclusive CONMEBOL coverage to beta test their interactive game, which Fubo had integrated into their core vMVPD platform. Like most beta tests, Fubo tested this gaming experience on a select group of users to gather data on usability and to optimize the experience ahead of launching the gaming experience to a wider audience.\nAnother beta test that Fubo conducted was the new FanView feature, which is a user-initiated feature that shows supplemental, interactive information, like live game stats and scores. FanView screens are located next to and under a reduced-size video player.\nSource:FuboTV\n\n As expected, gaming proved extremely popular across the subset of users with whom we conducted our test. We saw a nice lift in viewership, with subscribers who engaged in free gaming watching CONMEBOL content for \n significantly more time per user than those that did not play.\n\n\n Source:FuboTV Q2 2021 Shareholder Letter\n\nFubo also indicated that they plan on launching the above features of interactive, free-to-play gaming and FanView to all fuboTV subscribers on multiple sports this fall. I also don't think this will be the last innovative \"first mover\" type features that fuboTV will release in the future either.\nFubo management has made commentary since theirS-1, that they were focused on building applications in traditional entertainment, sports entertainment, live events, social networking, mixed reality (AR/VR) and artificial intelligence. That focus has led the company to currently building a personalized and interactive streaming experience that the company credits for their current ability to capture market share.\nValuation\n\n\n\nCompany\nMkt Cap (BIL)\nPrice/Sales\nFree Cash Flow Margin %\nEV/Sales (FWD)\nRevenue Growth (Y/Y) %\nGross Margins %\nOperating Margins %\n\n\nRoku (ROKU)\n$50.61B\n21.70\n6.01%\n16.73\n81.18%\n52.43%\n10.71%\n\n\nDISH Network (DISH)\n$22.78B\n1.46\n16.63%\n1.93\n40.79%\n35.68%\n20.21%\n\n\nDraftKings (DKNG)\n$20.97B\n19.86\n-40.04%\n15.27\n319.6%\n37.16%\n-108%\n\n\nfuboTV (FUBO)\n$4.05B\n6.90\n-32.76\n7.87\n196%\n8%\n-61.93%\n\n\n\nFubo makes for a very interesting comparison with Roku. Fubo is currently growing faster than Roku and has a much better ARPU. The primary reason that Roku is valued so much more highly than Fubo is that there are very real worries about Fubo ever becoming profitable, while Roku is already profitable.\nSource: Yahoo Finance\nThe above is based on 8 Wall Street analysts offering 12-month price targets for fuboTV in the last 3 months. The average price target is $39.50 with a high forecast of $60.00 and a low forecast of $26.00. The average price target represents a 37% increase from the last price of $28.83.\nConclusion\nThe results from the latest quarter seems to have the Bears on the run, although as I write this the stock is down 10% in reaction to news that the company plans a$500 million stock offering.\nFuboTV is still a speculative stock but each quarter of results makes it look increasingly more likely that the company will both be able to sustain growth and eventually become profitable. If Fubo also successfully launches its wagering business in Q4, then the stock could wind up one of the better performers in 2021, as it could force many short sellers to concede defeat.\nI look at the pullback in stock price as a reason for aggressive growth investors to buy Fubo after such an excellent quarter that shows progress on all fronts and includes an increase of full year guidance.\nFubo was once a company that I only had a little conviction about but I am becoming increasingly more confident in the company's long-term prospects, as Fubo does nothing but strongly execute on its business plan that was first laid out in itsS-1filing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":472,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":142030091,"gmtCreate":1626102683413,"gmtModify":1633930079013,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/142030091","repostId":"1128533375","repostType":4,"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":146362368,"gmtCreate":1626054487954,"gmtModify":1633930608698,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/146362368","repostId":"1114863871","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127077161,"gmtCreate":1624808992353,"gmtModify":1631887104484,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Singtel is good?","listText":"Singtel is good?","text":"Singtel is good?","images":[{"img":"https://static.tigerbbs.com/990195aa4a549989a2f99b87ca1fa0d4","width":"1125","height":"2499"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127077161","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":124691096,"gmtCreate":1624760963216,"gmtModify":1633948973474,"author":{"id":"3576899111877903","authorId":"3576899111877903","name":"Jack_Chen_qy","avatar":"https://static.tigerbbs.com/d7857d3bb380dd24f38771faa0cbd29c","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576899111877903","authorIdStr":"3576899111877903"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/124691096","repostId":"1137119316","repostType":4,"repost":{"id":"1137119316","kind":"news","pubTimestamp":1624754401,"share":"https://www.laohu8.com/m/news/1137119316?lang=&edition=full","pubTime":"2021-06-27 08:40","market":"us","language":"en","title":"Ford Or NIO? The Final Verdict","url":"https://stock-news.laohu8.com/highlight/detail?id=1137119316","media":"seekingalpha","summary":"I am comparing Ford against NIO in different categories.The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.NIO is growing a lot faster than Ford and the high valuation may be justified.With Ford  launching a major offensive in the market for electric vehicles, Chinese EV maker NIO  will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based ","content":"<p><b>Summary</b></p>\n<ul>\n <li>I am comparing Ford against NIO in different categories.</li>\n <li>The comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.</li>\n <li>NIO is growing a lot faster than Ford and the high valuation may be justified.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5033fa117d7852799244b8275bc1000f\" tg-width=\"1536\" tg-height=\"886\"><span>peterschreiber.media/iStock via Getty Images</span></p>\n<p>With Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.</p>\n<p><b>Ford vs. NIO: The battle for the global electric vehicle market is heating up</b></p>\n<p>Although there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing&nbsp;$30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.</p>\n<p><b>Market opportunity</b></p>\n<p>In 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b48c23b32134542f51227d9b1b612887\" tg-width=\"1083\" tg-height=\"863\"><span>(Source: Wikipedia)</span></p>\n<p>China, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is&nbsp;on the cusp of entering the European market&nbsp;in a bid to grow market share in the world’s second-largest EV market before the competition is ready.</p>\n<p>Beijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a&nbsp;twenty percent share&nbsp;of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9871e44eaf69adb27151425887870ace\" tg-width=\"739\" tg-height=\"454\"><span>(Source:Schroders)</span></p>\n<p>Turning to growth projections.</p>\n<p>With more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/61d19dff2f34e2d8828aca854e85d84a\" tg-width=\"825\" tg-height=\"565\"><span>(Source:McKinsey)</span></p>\n<p>Since China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.</p>\n<p><b>Scale and manufacturing competence</b></p>\n<p>Ford has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.</p>\n<p>Since NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.</p>\n<p>Winner here: Ford.</p>\n<p><b>Differentiation and BaaS revenue model</b></p>\n<p>Both Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.</p>\n<p>Ford is&nbsp;forming a joint venture&nbsp;with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has&nbsp;formed its own joint venture&nbsp;to secure battery supply.</p>\n<p>The difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.</p>\n<p>The BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.</p>\n<p>Ford and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.</p>\n<p>Battery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c42acb75905affe7570a2f399ea3192f\" tg-width=\"758\" tg-height=\"449\"><span>(Source: Schroders)</span></p>\n<p>The “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.</p>\n<p><b>Sales growth and valuation</b></p>\n<p>Ford’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.</p>\n<p>Ford's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/df5a0a393e44ed74241c5effcdd92350\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>The difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!</p>\n<p>Due to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/817605c6b1e82c03d0473ea570d32b8f\" tg-width=\"506\" tg-height=\"406\"><span>(Source: Author)</span></p>\n<p><b>NIO has larger risks...</b></p>\n<p>NIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.</p>\n<p><b>Final verdict</b></p>\n<p>NIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.</p>\n<p>Ford’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.</p>\n<p>If you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.</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>Ford Or NIO? The Final Verdict</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\">\nFord Or NIO? The Final Verdict\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 08:40 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F":"福特汽车","NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436600-ford-or-nio-the-final-verdict","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137119316","content_text":"Summary\n\nI am comparing Ford against NIO in different categories.\nThe comparison is intended to improve the understanding of Ford's and NIO's growth potential while highlighting differences in market position and opportunities.\nNIO is growing a lot faster than Ford and the high valuation may be justified.\n\npeterschreiber.media/iStock via Getty Images\nWith Ford (F) launching a major offensive in the market for electric vehicles, Chinese EV maker NIO (NIO) will face one more rival competing for sales in the future. Which vehicle maker offers the best deal based on market opportunity, scale, revenue model, growth prospects and valuation? I will compare Ford against NIO in each category and issue a final verdict at the end.\nFord vs. NIO: The battle for the global electric vehicle market is heating up\nAlthough there is a world of difference between Ford and NIO, both companies are set to go toe-to-toe in the rapidly growing global electric vehicle market. Ford’s fleet is not yet EV-focused but this is going to change: Feeling that the EV race is heating up, Ford said it is accelerating its electrification plan by investing $30B into its EV manufacturing capabilities until 2025. Ford’s previous capital plan called for a $22B investment in zero-emission vehicles. Ford also set an ambitious sales goal: 40% of its global sales will be electric within the next decade and 33% of pickup truck sales. Electric vehicle sales account for just 1% of Ford's sales today. As Ford is phasing out combustion engines, it is set to evolve into an all-electric vehicle maker by 2040.\nMarket opportunity\nIn 2020, 3.2m electric vehicles were sold in the world which represented a small market share of just 4.2%. China, however, was responsible for buying 41% of all electric vehicles in the world in 2020. Chinese buyers purchased 1.3m electric vehicles last year and sales are set to grow fast as Beijing seeks to boost EV adoption. The second largest market for electric vehicles was Europe which accounted for 42% of global EV sales. The US is only the third-largest market for plug-in electric vehicles in the world.\n(Source: Wikipedia)\nChina, by far, is the fastest growing EV market in the world, although Europe is catching up fast, in part due to a legislative efforts to increase adoption of zero-emission passenger vehicles and because of massive investments in a Europe-wide charging station network. NIO is on the cusp of entering the European market in a bid to grow market share in the world’s second-largest EV market before the competition is ready.\nBeijing is a driver behind the electrification of the Chinese auto industry: The government wants to see a twenty percent share of electric vehicles for new car sales by 2025 which will drive EV penetration in NIO’s home market.\n(Source:Schroders)\nTurning to growth projections.\nWith more favorable government policies for EV makers in places like China and Europe, these markets are poised to see the fastest sales growth and the highest EV adoption rates in the world. China is not only the largest market due to population size but is also expected to outperform all other markets in the world in EV sales until 2030.\n(Source:McKinsey)\nSince China has a larger total market size, a higher EV adoption rate, stronger expected sales growth and a more favorable regulatory framework, the winner here would be: NIO.\nScale and manufacturing competence\nFord has a century’s worth of manufacturing experience. But Ford, so far, has only one all-electric vehicle in its product line-up that compares to NIO: The Mustang Mach-E SUV. In 2022, Ford will begin to sell the all-electric F-150 Lightening which builds on the success of Ford’s best-selling pick-up truck. NIO already has a stronger product catalog including the 5-seater ES6 SUV, the 5-seater coupe SUV EC6 and the ES8, a 6-seater and 7-seater full-sized SUV.\nSince NIO is solely focused on producing EVs and occupies a very small and defined niche, the Chinese firm has an advantage as far as EV-manufacturing expertise goes. The question is how long this advantage can last. Ford has extensive experience in building cars and can leverage a global manufacturing base to ramp up EV production faster than any niche EV maker could ever hope to achieve. This makes Ford a very serious rival not only to Tesla (TSLA) in the US, but also to NIO abroad. Ford is accelerating its electrification plans and it has the resources and the ambition to become a leader in EVs within the next decade. Ford’s proposed $30B spending on the electrification of its fleet will accelerate its transformation and turn Ford into a long term threat to other EV makers.\nWinner here: Ford.\nDifferentiation and BaaS revenue model\nBoth Ford and NIO know about the importance of differentiation in a market that will only get more competitive over time, which is why both companies are investing heavily in a related field that can break or solidify dominance in the EV market: Battery technology.\nFord is forming a joint venture with South Korean battery technology company SK Innovation to secure supply of traction battery cells and array modules. The joint venture is meant to accelerate battery deliveries and will produce approximately 60 GWh annually, enough to cover 25% of Ford’s estimated annual energy demand by 2030. NIO is also investing in battery technology and has formed its own joint venture to secure battery supply.\nThe difference to Ford is that NIO’s battery investment strategy revolves around a battery subscription model, also called “battery-as-a-service”, which creates a strong, long term revenue opportunity for the Chinese vehicle maker. Under this “BaaS” model, users who buy a NIO electric vehicle get a 70,000 RMB initial discount, equivalent to $10,800, and can sign up for a monthly subscription to rent a rechargeable 70 kWh battery. Batteries can then be exchanged at one of NIO’s battery-swapping stations which can be found in most big Chinese cities. A battery subscription costs 980 RMB monthly which is the equivalent of $150.\nThe BaaS model has a couple of benefits for both the vehicle maker and the user: Purchasing an electric vehicle from NIO gets a lot more affordable due to the up-front discount and the subscription model ensures that users benefit from advancement in battery technology and better performance over time. Decoupling battery costs from vehicle prices creates an entirely new revenue stream on a subscription basis for NIO. Revenues from “BaaS” subscriptions could be used to increase the density of NIO’s network of charging/replacement stations. The battery subscription model also binds customers to NIO, potentially increasing customer lifetime value.\nFord and NIO are primed to benefit from falling battery costs for electric vehicles as they ramp up capital allocations. As more investments flow into developing more efficient batteries, performance will go up and costs will go down which should drive EV adoption and benefit all EV makers. This is because lower battery prices make EVs more competitive to passenger vehicles with combustion engines. But since NIO is structuring a part of its business model explicitly around battery subscriptions, NIO could benefit more than Ford.\nBattery costs for EVs have decreased 70% since 2014, based on information provided by investment firm Schroders, and are set to decrease more this decade.\n(Source: Schroders)\nThe “BaaS” model is genius and could develop into a $500M a year revenue opportunity for NIO long term. Although Ford is ramping up its investments in battery technology, the winner in this category is: NIO.\nSales growth and valuation\nFord’s sales in May grew 4.1% Y/Y but electrified vehicle sales (including hybrids) surged 184% Y/Y as Ford sold a record 10,364 EVs/hybrids in May. Escape electrified sales and Explorer Hybrid grew sales at 125% and 132% Y/Y showing strong customer uptake. NIO delivered 6,711 vehicles last month including 3,017 ES6s, 1,412 ES8s and 2,282 EC6s. Total Y/Y delivery growth for May was 95.3%.\nFord's sales are fifty-four times larger than NIO's which creates more sales growth and revaluation potential for NIO.\nData by YCharts\nThe difference in valuation between Ford and NIO is like the difference between night and day. This is because Ford is still seen as a mature vehicle maker with expected enterprise sales growth in the low-to-mid digits, despite explosive growth in the EV category. Ford is expected to grow revenues by 33% until FY 2025 (base year: FY 2020) and NIO by 808%!\nDue to these differences in sales growth, NIO is the complete opposite of Ford, at least as far as valuation goes. The Chinese EV-maker is expected to see sales and delivery growth close to 100% this year and since NIO is only dealing in EVs, NIO gets a much higher market-cap-to-sales ratio than Ford.\n(Source: Author)\nNIO has larger risks...\nNIO is the more risky venture, but also the one that offers the most promise. Government policy favors EV-makers like NIO. The potential for total global sales growth is larger for NIO as it operates from a smaller revenue base compared to Ford. But there are also a few things that work against NIO. For example, recalls due to production defects would be a much bigger challenge for NIO to overcome than for Ford which can rely on a global service and distribution network. NIO’s valuation is also not without risk as an unexpected slowing of sales growth due to production setbacks would leave a much larger dent in the financials.\nFinal verdict\nNIO is definitely the more “sexy” vehicle maker. Strong adoption and sales growth in China and Europe support NIO. Its super smart BaaS model which decouples vehicle purchase prices from battery costs is genius. You pay a high price for this growth but the market opportunity for NIO is immense.\nFord’s EV sales are booming and the percentage of EV sales will increase as the vehicle maker electrifies its fleet. Ford has a lot of potential in the EV market but since EV sales are still a relatively low percentage of total sales, it will take a long time for Ford to complete its transformation.\nIf you believe in the potential of the global EV market, buy NIO. If you believe in the potential of the global EV market and don’t like much risk, buy Ford.","news_type":1},"isVote":1,"tweetType":1,"viewCount":123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}