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Alykrunch

Alykrunch

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2021-12-23

Hold and wait for the peak

Tesla Is Back Above $1,000. Are New Highs Next?

2021-12-23

Very cool

Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.

2021-12-18

Good article!

3 No-Brainer Stocks To Buy in a Market Correction

2021-12-14

He can do what he wants because of his huge market share

Musk has sold 70.18% of Tesla shares promised to bear

2021-12-14

Can’t wait for the rise

Disney is 'significantly undervalued,' KeyBanc says, sees 40% upside

2021-12-14

Observations of the SG stocks vs internationalstocks is that SG stocks are largely stable while international ones either give you a windfall or huge dip. Always diversify and make sure your risk appetite can handle

抱歉，原内容已删除

2021-12-11

That’s great buy the Low

Sea Ltd stock dropped more than 5% in morning trading

2021-12-02

ETSY will benefit from this

Investors watch retail stocks as U.S. holiday shopping beckons

2021-12-02

Good summary!

Prediction: This Breakout Growth Stock Will Be Worth $1 Trillion in 10 Years

2021-12-02

Looking forward to the rise

2 Unstoppable Stocks That Could Soar Fivefold by 2030

2021-12-02

That’s good news for SEA

3 Top Stocks That'll Make You Richer in December (and Beyond)

2021-12-02

Interesting! What do you think will happen?

Altimeter Growth surged 10% in premarket trading

2021-11-13

But then again Tesla rides on speculation and irrational traders, as well as some strong tech and business fundamentals. A deadly combination if you’re on the short end of the stick, buthere to stay for a long time

Tesla: $1 Trillion Of Speculation

2021-11-13

That’s great!

Altamira Therapeutics soared nearly 100% in morning trading

2021-11-11

Good notes. Buy the lows

Cathie Wood Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday

2021-11-10

Pump and dump.. they’re waiting for the stockprice to fall with their internal works then they’ll buy again.

Elon Musk’s Brother Sold $109 Million in Tesla Stock Ahead of Poll

2021-11-02

Waiting for the surge

NIO Stock Reverses Hard — Can It Trade Like Tesla to New Highs?

2021-10-29

Interesting shift

Facebook Changes Name to Meta in Embrace of Virtual Reality

2021-10-29

Good summary

S&P, Nasdaq hit record closing highs on earnings bullishness

2021-10-29

That’s great when big companies give back tothe community.

Microsoft to work with community colleges to fill 250,000 cyber jobs

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Are New Highs Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1128124450","media":"TheStreet","summary":"Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts","content":"<p>Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts are setting up now.</p>\n<p>Tesla&nbsp;shares are rallying higher on Wednesday, up 7.5% and climbing back above $1,000 a share. That's got bulls cheering the stock’s recent run.</p>\n<p>On Tuesday, Tesla stock hit its lowest level since Oct. 22 and was&nbsp;down 27% from the highs.</p>\n<p>However, shares reversed off that low, climbing more than $50 a share by the close.</p>\n<p>That rally is extending itself Wednesday, with Tesla stock up more than 13% from yesterday’s low.</p>\n<p>Tesla stock&nbsp;was in focus this morning&nbsp;ahead of the open, rallying several percent on the hope that CEO Elon Musk would be done selling his shares.</p>\n<p>Musk said that&nbsp;he’s “sold enough” to meet&nbsp;his prior pledge. Earlier this week, Musk said he will pay&nbsp;more than $11 billion in taxes this year.</p>\n<p>If Musk really is done selling the stock — and he should be — then that big headwind will be out of the way and we may see it rebound higher. Now that it’s back above $1,000, we have to wonder if Tesla can climb to new highs.</p>\n<p><b>Trading Tesla Stock</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e32b497a2bbfdad887112e45eeb92adb\" tg-width=\"1139\" tg-height=\"866\" width=\"100%\" height=\"auto\"><span>Daily chart of Tesla stock.</span></p>\n<p>The stock traded down into the $910 gap-fill level and prior all-time high at $900, and found its footing.</p>\n<p>If we get specific, the 21-week moving average and the 200-unit moving average on the four-hour chart were also nearby.</p>\n<p>In any regard, Tesla shares are ripping higher now, trading up through the 10-day moving average and hovering around the key $1,000 level, which has been a key pivot since late October.</p>\n<p>If it can maintain above $1,000, the next obvious area comes into play near $1,025 to $1,035. There Tesla stock finds its 21-day and 50-day moving averages.</p>\n<p>That should be an area to take a pause, but if Tesla is able to push through this zone, then the $1,100 level and downtrend resistance (blue line) are in play.</p>\n<p>On the downside, let’s see if shares struggle with $1,000. In that case, I want to see the now-rising 10-day moving average act as support on the dips.</p>\n<p>If it doesn’t, then the stock could go on to fill the gap down near $940.</p>\n<p>There’s one other thing: If Tesla rallies up to the 21-day and 50-day moving averages but can’t push through, let’s see if the $1,000 mark and the 10-day moving average act as support.</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>Tesla Is Back Above $1,000. Are New Highs Next?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Is Back Above $1,000. Are New Highs Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-23 09:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/investing/trading-tesla-tsla-stock-back-above-1000-new-highs><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts are setting up now.\nTesla shares are rallying higher on Wednesday, up 7.5% and climbing back above ...</p>\n\n<a href=\"https://www.thestreet.com/investing/trading-tesla-tsla-stock-back-above-1000-new-highs\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.thestreet.com/investing/trading-tesla-tsla-stock-back-above-1000-new-highs","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128124450","content_text":"Tesla stock is back on the move and this time, it's trading back above $1,000. Here's how the charts are setting up now.\nTesla shares are rallying higher on Wednesday, up 7.5% and climbing back above $1,000 a share. That's got bulls cheering the stock’s recent run.\nOn Tuesday, Tesla stock hit its lowest level since Oct. 22 and was down 27% from the highs.\nHowever, shares reversed off that low, climbing more than $50 a share by the close.\nThat rally is extending itself Wednesday, with Tesla stock up more than 13% from yesterday’s low.\nTesla stock was in focus this morning ahead of the open, rallying several percent on the hope that CEO Elon Musk would be done selling his shares.\nMusk said that he’s “sold enough” to meet his prior pledge. Earlier this week, Musk said he will pay more than $11 billion in taxes this year.\nIf Musk really is done selling the stock — and he should be — then that big headwind will be out of the way and we may see it rebound higher. Now that it’s back above $1,000, we have to wonder if Tesla can climb to new highs.\nTrading Tesla Stock\nDaily chart of Tesla stock.\nThe stock traded down into the $910 gap-fill level and prior all-time high at $900, and found its footing.\nIf we get specific, the 21-week moving average and the 200-unit moving average on the four-hour chart were also nearby.\nIn any regard, Tesla shares are ripping higher now, trading up through the 10-day moving average and hovering around the key $1,000 level, which has been a key pivot since late October.\nIf it can maintain above $1,000, the next obvious area comes into play near $1,025 to $1,035. There Tesla stock finds its 21-day and 50-day moving averages.\nThat should be an area to take a pause, but if Tesla is able to push through this zone, then the $1,100 level and downtrend resistance (blue line) are in play.\nOn the downside, let’s see if shares struggle with $1,000. In that case, I want to see the now-rising 10-day moving average act as support on the dips.\nIf it doesn’t, then the stock could go on to fill the gap down near $940.\nThere’s one other thing: If Tesla rallies up to the 21-day and 50-day moving averages but can’t push through, let’s see if the $1,000 mark and the 10-day moving average act as support.","news_type":1},"isVote":1,"tweetType":1,"viewCount":664,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":691466280,"gmtCreate":1640228878661,"gmtModify":1640228879341,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Very cool","listText":"Very cool","text":"Very cool","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/691466280","repostId":"1101189169","repostType":2,"repost":{"id":"1101189169","pubTimestamp":1640227692,"share":"https://www.laohu8.com/m/news/1101189169?lang=&edition=full","pubTime":"2021-12-23 10:48","market":"us","language":"en","title":"Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.","url":"https://stock-news.laohu8.com/highlight/detail?id=1101189169","media":"InvestorPlace","summary":"The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:U","content":"<p>The non-fungible token wave knows no bounds today after Steph Curry and&nbsp;<b>Under Armour</b>(NYSE:<b><u>UA</u></b>, NYSE:<b><u>UAA</u></b>) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop the NBA’s all-time three-point shooter list with a collection of NFTs. These wearable collectibles are replicas of his&nbsp;namesake “Curry Flow 9” Under Armour sneakers, which Curry wore when he broke the record on Dec. 14. UA stock has reacted mildly to the news so far, but you can never count out NFT mania.</p>\n<p>What do you need to know about this latest metaverse endeavor?</p>\n<p>The Genesis Curry Flow NFT collection marks the first venture into the metaverse for Under Amour. The collection is the first wearable, cross-platform sneaker NFT. What does this mean? Users across three different metaverses can access them.<b>Decentraland</b>(CCC:<b><u>MANA-USD</u></b>),<b>The Sandbox</b>(CCC:<b><u>SAND-USD</u></b>)&nbsp;and&nbsp;<b>Gala Games</b>(CCC:<b><u>GALA-USD</u></b>) will each have their own style of the sneaker,with modest differences&nbsp;in color and shape.</p>\n<p>Ewen Cameron, the founder of&nbsp;<b>Berlin Cameron</b>, the creative agency supporting the NFT launch, commented on the latest release:</p>\n<blockquote>\n “With the stature of Stephen’s achievement, we wanted to do something thattruly changed the metaverse game for good, and so the notion of the first sneaker that can travel across the platform and have genuine functionality and performance was born.”\n</blockquote>\n<p>The Under Armour collection dropped on Dec. 21. Proceeds benefit children’s sports charities.</p>\n<p>Is Steph Curry NFT News Enough to Rally UA Stock?</p>\n<p>Under Armour is following competitors&nbsp;<b>Nike</b>(NYSE:<b><u>NKE</u></b>) and&nbsp;<b>Adidas</b>(OTCMKTS:<b><u>ADDYY</u></b>) into the metaverse. And this really does make sense. The metaverse is set to become a $1 trillion industry, and UA clearly sees the potential.</p>\n<p>Just this month, Adidasannounceda “leap” into the metaverse with a collection of limited-edition NFTs. Nike is taking it a step further with the&nbsp;introduction&nbsp;of its own virtual playscape, “Nikeland.” Built on top of the wildly popular&nbsp;<b>Roblox</b>(NYSE:<b><u>RBLX</u></b>) sandbox, the metaverse will act as a platform for Nike fans to play and build. The shoe giant plans on incorporating the&nbsp;<b>Ethereum</b>&nbsp;blockchain to link identification codes to its products as an anti-counterfeit measure.</p>\n<p>Interestingly, each of the three companies has only seen mild reactions in their stock prices following the announcements. UA stock is actually down slightly on the day. In fact, UA and UAA shares have largely traded sideways in the last few years.</p>\n<p>But there is room for hope, though. The NBA remains one of the most aggressive sports leagues in terms of relevant NFT and crypto exposure. In just a few days, the Staples Center, home of the Los Angeles Lakers, will&nbsp;change its name&nbsp;to the “Crypto.com Arena” as part of a $700 million dollar deal.</p>\n<p>While this may mark the beginning of Under Armour’s crypto campaign, it’s not a stretch to assume more is in store. For UA stock fans, the metaverse could be a blessing.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Under Armour the Next Big Metaverse Stock? Steph Curry NFTs Put UA Stock in Focus.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-23 10:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop ...</p>\n\n<a href=\"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAA":"安德玛公司A类股"},"source_url":"https://investorplace.com/2021/12/under-armour-next-metaverse-stock-ua-stock-steph-curry-nfts-nba-sandbox/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101189169","content_text":"The non-fungible token wave knows no bounds today after Steph Curry and Under Armour(NYSE:UA, NYSE:UAA) announced a new collection. The Golden State Warriors are commemorating Curry’s new record atop the NBA’s all-time three-point shooter list with a collection of NFTs. These wearable collectibles are replicas of his namesake “Curry Flow 9” Under Armour sneakers, which Curry wore when he broke the record on Dec. 14. UA stock has reacted mildly to the news so far, but you can never count out NFT mania.\nWhat do you need to know about this latest metaverse endeavor?\nThe Genesis Curry Flow NFT collection marks the first venture into the metaverse for Under Amour. The collection is the first wearable, cross-platform sneaker NFT. What does this mean? Users across three different metaverses can access them.Decentraland(CCC:MANA-USD),The Sandbox(CCC:SAND-USD) and Gala Games(CCC:GALA-USD) will each have their own style of the sneaker,with modest differences in color and shape.\nEwen Cameron, the founder of Berlin Cameron, the creative agency supporting the NFT launch, commented on the latest release:\n\n “With the stature of Stephen’s achievement, we wanted to do something thattruly changed the metaverse game for good, and so the notion of the first sneaker that can travel across the platform and have genuine functionality and performance was born.”\n\nThe Under Armour collection dropped on Dec. 21. Proceeds benefit children’s sports charities.\nIs Steph Curry NFT News Enough to Rally UA Stock?\nUnder Armour is following competitors Nike(NYSE:NKE) and Adidas(OTCMKTS:ADDYY) into the metaverse. And this really does make sense. The metaverse is set to become a $1 trillion industry, and UA clearly sees the potential.\nJust this month, Adidasannounceda “leap” into the metaverse with a collection of limited-edition NFTs. Nike is taking it a step further with the introduction of its own virtual playscape, “Nikeland.” Built on top of the wildly popular Roblox(NYSE:RBLX) sandbox, the metaverse will act as a platform for Nike fans to play and build. The shoe giant plans on incorporating the Ethereum blockchain to link identification codes to its products as an anti-counterfeit measure.\nInterestingly, each of the three companies has only seen mild reactions in their stock prices following the announcements. UA stock is actually down slightly on the day. In fact, UA and UAA shares have largely traded sideways in the last few years.\nBut there is room for hope, though. The NBA remains one of the most aggressive sports leagues in terms of relevant NFT and crypto exposure. In just a few days, the Staples Center, home of the Los Angeles Lakers, will change its name to the “Crypto.com Arena” as part of a $700 million dollar deal.\nWhile this may mark the beginning of Under Armour’s crypto campaign, it’s not a stretch to assume more is in store. For UA stock fans, the metaverse could be a blessing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":966,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":699613052,"gmtCreate":1639790868873,"gmtModify":1639790869491,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Good article!","listText":"Good article!","text":"Good article!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/699613052","repostId":"2192973737","repostType":4,"repost":{"id":"2192973737","pubTimestamp":1639751189,"share":"https://www.laohu8.com/m/news/2192973737?lang=&edition=full","pubTime":"2021-12-17 22:26","market":"us","language":"en","title":"3 No-Brainer Stocks To Buy in a Market Correction","url":"https://stock-news.laohu8.com/highlight/detail?id=2192973737","media":"Motley Fool","summary":"These tech stocks have economic moats and growth catalysts, but they're a bit expensive right now.","content":"<p>The next stock market correction might just be the best thing that ever happens for your stock portfolio. Corrections and crashes are inevitable in the stock market -- it's a matter of when they will happen, not if.</p>\n<p>During the next downturn, your favorite stocks might go on sale. Don't miss the opportunity to buy great stocks at attractive prices for long-term returns. Here are three stocks that are a bit expensive at the moment, but could make great investments when a correction shakes things up.</p>\n<h2>1. Microsoft</h2>\n<p>As a company, <b>Microsoft</b> (NASDAQ:MSFT) is enjoying a renaissance, and its business success has led to the stock being somewhat expensive as a result.</p>\n<p>This 46-year-old company is the second-most-valuable publicly traded company in the world (trading places with No. 1 <b>Apple</b> a couple of times in 2021), and it's still delivering fantastic growth. In its most recent quarterly results, revenue was up 22% year over year. That's extremely rare, and it's only possible with a strong economic moat along with a commitment to entering new growth markets.</p>\n<p>Microsoft has dominated the PC operating system market for decades, and its Office suite also holds nearly 90% market share. Viable competitors and alternatives exist, but Microsoft's traditional products have the brand strength, user familiarity, and overall quality to ensure that the company will be a major player in those lanes for years to come.</p>\n<p>Microsoft used that foundation as a launchpad, repeatedly showing its willingness to wade into the next wave of growth industries. It's an established leader in the gaming market, with Xbox. Azure has nearly 20% of the cloud computing market. Outlook is a popular email client, especially for businesses, and it's built a number of customer relationship management (CRM) tools to extend its email and productivity software. Microsoft has enjoyed real success in the device business with its Surface products. Bing has a 3% global search engine market share. Even though it was eventually scrapped, Microsoft even showed initiative in the early days of the smartphone industry by developing a Windows Phone.</p>\n<p>Microsoft is diversified as a leader in multiple tech categories, and it's shrewdly moved to the front of several high-growth industries. Azure's growth rate is above 50%, and the company's cloud segment produces more than a third of its revenue. Investors can be confident that Microsoft has incredible staying power and that it will continue to invest in new growth opportunities as they arise.</p>\n<p>All that said, its stock is expensive. Microsoft's forward P/E ratio is around 36 now. A lot of strong performance is built into the share price, and any stumbles are likely to cause a drawdown. This is a stock to monitor. If that forward P/E ratio gets below 30 and the enterprise-value-to-EBITDA (earnings before interest, taxes, depreciation, and amortization) ratio gets down around 20, then Microsoft is a must-buy stock.</p>\n<h2>2. Veeva Systems</h2>\n<p><b>Veeva Systems</b> (NYSE:VEEV) is the cloud software leader in the life sciences industry. It has more than 1,000 customers, many of whom are large pharmaceutical and biotech companies. Veeva's products support customers in drug development, data management, regulatory compliance, CRM, sales, and quality assurance.</p>\n<p>By focusing on pharmaceutical and life sciences customers, Veeva is more valuable to customers than competitors whose products are designed for a broader range of industries. It reported 124% net subscription revenue retention last year, meaning that it not only keeps its customers but also expands its relationships with them. That competitive advantage is nearly impossible to topple in the foreseeable future, and its target customers' market is expected to grow 10%-15% annually over the next decade.</p>\n<p>Veeva's annual sales growth rate is above 25%, but its valuation ratios are less attractive. The stock trades at a forward P/E ratio of 65 and price-to-sales ratio approaching 25. Even its strong growth outlook can't stop Veeva's PEG ratio from approaching 3, which is high. I can't wait to buy more of this stock if it gets cheaper.</p>\n<h2>3. <a href=\"https://laohu8.com/S/PANW\">Palo Alto Networks</a></h2>\n<p>Cybersecurity stocks were hot this year, and <b>Palo Alto Networks</b> (NASDAQ:PANW) was right at the front of that wave. The stock price is up around 120% since the start of 2020.</p>\n<p>Palo Alto Networks provides a variety of enterprise security software and services. It's a major player in firewall and network security, cloud-native applications, and the up-and-coming secure access service edge (SASE), which is essential for organizations that have employees accessing their corporate software remotely. Hacks, ransomware, data theft, and a host of other issues are more prominent than ever before, and every enterprise is coming to grips with the burden of protecting themselves along with their customers.</p>\n<p>That's driving incredible demand across the entire cybersecurity industry, and Palo Alto is one of the biggest benefactors. The company's sales rose 25% in its last fiscal year, and it followed that up with a 32% expansion in its most recent quarter. Palo Alto Networks isn't profitable on a GAAP basis, but it produces a ton of free cash flow -- equal to more than 30% of its revenue. This company has nearly unstoppable growth catalysts for the next few years, and it has the financial resources to invest in growth and acquisitions to stay competitive.</p>\n<p>Unfortunately, those great returns in recent years have made Palo Alto Networks a tad expensive. It trades at a price-to-sales ratio above 10, and a price-to-free-cash-flow ratio close to 30. Those ratios aren't crazy in today's market, but this becomes a slam dunk if it gets just a bit cheaper.</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 No-Brainer Stocks To Buy in a Market Correction</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 No-Brainer Stocks To Buy in a Market Correction\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-17 22:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/17/3-no-brainer-stocks-to-buy-in-market-correction/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The next stock market correction might just be the best thing that ever happens for your stock portfolio. Corrections and crashes are inevitable in the stock market -- it's a matter of when they will ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/17/3-no-brainer-stocks-to-buy-in-market-correction/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/12/17/3-no-brainer-stocks-to-buy-in-market-correction/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2192973737","content_text":"The next stock market correction might just be the best thing that ever happens for your stock portfolio. Corrections and crashes are inevitable in the stock market -- it's a matter of when they will happen, not if.\nDuring the next downturn, your favorite stocks might go on sale. Don't miss the opportunity to buy great stocks at attractive prices for long-term returns. Here are three stocks that are a bit expensive at the moment, but could make great investments when a correction shakes things up.\n1. Microsoft\nAs a company, Microsoft (NASDAQ:MSFT) is enjoying a renaissance, and its business success has led to the stock being somewhat expensive as a result.\nThis 46-year-old company is the second-most-valuable publicly traded company in the world (trading places with No. 1 Apple a couple of times in 2021), and it's still delivering fantastic growth. In its most recent quarterly results, revenue was up 22% year over year. That's extremely rare, and it's only possible with a strong economic moat along with a commitment to entering new growth markets.\nMicrosoft has dominated the PC operating system market for decades, and its Office suite also holds nearly 90% market share. Viable competitors and alternatives exist, but Microsoft's traditional products have the brand strength, user familiarity, and overall quality to ensure that the company will be a major player in those lanes for years to come.\nMicrosoft used that foundation as a launchpad, repeatedly showing its willingness to wade into the next wave of growth industries. It's an established leader in the gaming market, with Xbox. Azure has nearly 20% of the cloud computing market. Outlook is a popular email client, especially for businesses, and it's built a number of customer relationship management (CRM) tools to extend its email and productivity software. Microsoft has enjoyed real success in the device business with its Surface products. Bing has a 3% global search engine market share. Even though it was eventually scrapped, Microsoft even showed initiative in the early days of the smartphone industry by developing a Windows Phone.\nMicrosoft is diversified as a leader in multiple tech categories, and it's shrewdly moved to the front of several high-growth industries. Azure's growth rate is above 50%, and the company's cloud segment produces more than a third of its revenue. Investors can be confident that Microsoft has incredible staying power and that it will continue to invest in new growth opportunities as they arise.\nAll that said, its stock is expensive. Microsoft's forward P/E ratio is around 36 now. A lot of strong performance is built into the share price, and any stumbles are likely to cause a drawdown. This is a stock to monitor. If that forward P/E ratio gets below 30 and the enterprise-value-to-EBITDA (earnings before interest, taxes, depreciation, and amortization) ratio gets down around 20, then Microsoft is a must-buy stock.\n2. Veeva Systems\nVeeva Systems (NYSE:VEEV) is the cloud software leader in the life sciences industry. It has more than 1,000 customers, many of whom are large pharmaceutical and biotech companies. Veeva's products support customers in drug development, data management, regulatory compliance, CRM, sales, and quality assurance.\nBy focusing on pharmaceutical and life sciences customers, Veeva is more valuable to customers than competitors whose products are designed for a broader range of industries. It reported 124% net subscription revenue retention last year, meaning that it not only keeps its customers but also expands its relationships with them. That competitive advantage is nearly impossible to topple in the foreseeable future, and its target customers' market is expected to grow 10%-15% annually over the next decade.\nVeeva's annual sales growth rate is above 25%, but its valuation ratios are less attractive. The stock trades at a forward P/E ratio of 65 and price-to-sales ratio approaching 25. Even its strong growth outlook can't stop Veeva's PEG ratio from approaching 3, which is high. I can't wait to buy more of this stock if it gets cheaper.\n3. Palo Alto Networks\nCybersecurity stocks were hot this year, and Palo Alto Networks (NASDAQ:PANW) was right at the front of that wave. The stock price is up around 120% since the start of 2020.\nPalo Alto Networks provides a variety of enterprise security software and services. It's a major player in firewall and network security, cloud-native applications, and the up-and-coming secure access service edge (SASE), which is essential for organizations that have employees accessing their corporate software remotely. Hacks, ransomware, data theft, and a host of other issues are more prominent than ever before, and every enterprise is coming to grips with the burden of protecting themselves along with their customers.\nThat's driving incredible demand across the entire cybersecurity industry, and Palo Alto is one of the biggest benefactors. The company's sales rose 25% in its last fiscal year, and it followed that up with a 32% expansion in its most recent quarter. Palo Alto Networks isn't profitable on a GAAP basis, but it produces a ton of free cash flow -- equal to more than 30% of its revenue. This company has nearly unstoppable growth catalysts for the next few years, and it has the financial resources to invest in growth and acquisitions to stay competitive.\nUnfortunately, those great returns in recent years have made Palo Alto Networks a tad expensive. It trades at a price-to-sales ratio above 10, and a price-to-free-cash-flow ratio close to 30. Those ratios aren't crazy in today's market, but this becomes a slam dunk if it gets just a bit cheaper.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604762724,"gmtCreate":1639447411188,"gmtModify":1639447448092,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"He can do what he wants because of his huge&nbsp;market share","listText":"He can do what he wants because of his huge&nbsp;market share","text":"He can do what he wants because of his huge market share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604762724","repostId":"1144236332","repostType":4,"repost":{"id":"1144236332","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":1639445127,"share":"https://www.laohu8.com/m/news/1144236332?lang=&edition=full","pubTime":"2021-12-14 09:25","market":"us","language":"en","title":"Musk has sold 70.18% of Tesla shares promised to bear","url":"https://stock-news.laohu8.com/highlight/detail?id=1144236332","media":"Tiger Newspress","summary":"Tesla Inc Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early ","content":"<p>Tesla Inc&nbsp;Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.</p>\n<p>He also exercised stock options to buy 2.13 million shares of Tesla, according to the filings.</p>\n<p>Musk has sold about 11966421 Tesla shares since November 8, accounting for 70.18% of its previously committed shares.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Dec.9</td>\n   <td>2.17 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$963.2 mln</td>\n  </tr>\n  <tr>\n   <td>Dec.13</td>\n   <td>2.13 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$906.5 mln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>14.96 mln</td>\n   <td>11.97 mln</td>\n   <td>$12.74 bln</td>\n  </tr>\n </tbody>\n</table>\n<p>HOW DID MUSK SELL?</p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Tesla’s stock has lost 21% since a peak in November as Musk has trimmed his stake. He’s still added almost $98 billion to his fortune this year, taking it to $253.6 billion, according to the&nbsp;Bloomberg Billionaires Index.</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>Musk has sold 70.18% of Tesla shares promised to bear</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk has sold 70.18% of Tesla shares promised to bear\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\">2021-12-14 09:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla Inc&nbsp;Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.</p>\n<p>He also exercised stock options to buy 2.13 million shares of Tesla, according to the filings.</p>\n<p>Musk has sold about 11966421 Tesla shares since November 8, accounting for 70.18% of its previously committed shares.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Dec.9</td>\n   <td>2.17 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$963.2 mln</td>\n  </tr>\n  <tr>\n   <td>Dec.13</td>\n   <td>2.13 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$906.5 mln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>14.96 mln</td>\n   <td>11.97 mln</td>\n   <td>$12.74 bln</td>\n  </tr>\n </tbody>\n</table>\n<p>HOW DID MUSK SELL?</p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Tesla’s stock has lost 21% since a peak in November as Musk has trimmed his stake. He’s still added almost $98 billion to his fortune this year, taking it to $253.6 billion, according to the&nbsp;Bloomberg Billionaires Index.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144236332","content_text":"Tesla Inc Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.\nThe billionaire sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.\nHe also exercised stock options to buy 2.13 million shares of Tesla, according to the filings.\nMusk has sold about 11966421 Tesla shares since November 8, accounting for 70.18% of its previously committed shares.\nHere is a string of transactions he has done:\n\n\n\nDATE\nSHARES ACQUIRED\nSHARES SOLD\nGROSS PROCEEDS\n\n\nNOV. 8\n2.2 mln\n\n\n\n\nNOV. 8\n\n934,091\n$1.10 bln\n\n\nNOV. 9\n\n3.1 mln\n$3.35 bln\n\n\nNOV. 10\n\n500,000\n$527.3 mln\n\n\nNOV. 11\n\n639,737\n$687.3 mln\n\n\nNOV. 12\n\n1.2 mln\n$1.24 bln\n\n\nNOV. 15\n2.1 mln\n\n\n\n\nNOV. 15\n\n934,091\n$930.7 mln\n\n\nNOV. 16\n2.1 mln\n\n\n\n\nNOV. 16\n\n934,091\n$973.4 mln\n\n\nNOV. 23\n2.15 mln\n\n\n\n\n\n\n934,091\n$1.05 bln\n\n\nDEC. 2\n2.1 mln\n\n\n\n\n\n\n934,091\n$1.01 bln\n\n\nDec.9\n2.17 mln\n\n\n\n\n\n\n934,091\n$963.2 mln\n\n\nDec.13\n2.13 mln\n\n\n\n\n\n\n934,091\n$906.5 mln\n\n\nTotal\n14.96 mln\n11.97 mln\n$12.74 bln\n\n\n\nHOW DID MUSK SELL?\nMusk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.\nThe tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.\nTesla’s stock has lost 21% since a peak in November as Musk has trimmed his stake. He’s still added almost $98 billion to his fortune this year, taking it to $253.6 billion, according to the Bloomberg Billionaires Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604766218,"gmtCreate":1639447361939,"gmtModify":1639447422823,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Can’t wait for the rise","listText":"Can’t wait for the rise","text":"Can’t wait for the rise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/604766218","repostId":"1136886071","repostType":4,"repost":{"id":"1136886071","pubTimestamp":1639446542,"share":"https://www.laohu8.com/m/news/1136886071?lang=&edition=full","pubTime":"2021-12-14 09:49","market":"us","language":"en","title":"Disney is 'significantly undervalued,' KeyBanc says, sees 40% upside","url":"https://stock-news.laohu8.com/highlight/detail?id=1136886071","media":"seekingalpha","summary":"Walt Disney (NYSE:DIS) shares are 'significantly undervalued' at current levels, KeyBanc Capital Mar","content":"<p>Walt Disney (NYSE:DIS) shares are 'significantly undervalued' at current levels, KeyBanc Capital Markets analyst Brandon Nispel argues, saying the company's investments over the short and medium-term will pay off in the long run.</p>\n<p>Nispel, who has an overweight rating and a $216 price target on Walt Disney (DIS), implying more than 40% upside, believes that 2022 will be an investment year, but total revenue will grow at 15% annually and operating income will grow at 36% annually over the next three years.</p>\n<p>\"At current levels, investors significantly under-appreciate DIS's growth potential and likely apply severe discounts to publicly traded peers,\" Nispel wrote in a note to investors.</p>\n<p>Walt Disney (DIS) shares are down nearly 2% to $149.90 on Monday and have lost more than 15% year-to-date.</p>\n<p>Looking at Disney's (DIS) 10-K, the analyst expects the company to boost capital expenditures to $6.1 billion in both media and parks in 2022, up $2.5 billion from 2021.</p>\n<p>Content spend is expected to jump 32% to $33 billion in 2022, which should help Disney's direct-to-consumer business, as they expect 50 studio titles, versus 15 to 20 in 2021, including 20 theatrical releases in 2022, compared to 15-20 in fiscal 2021.</p>\n<p>SiriusXM (NASDAQ:SIRI) has reportedly hired Joe Inzerillo, formerly the chief technology officer of Disney+ streaming service, as the company's chief product and technology officer.</p>","source":"lsy1638401102509","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>Disney is 'significantly undervalued,' KeyBanc says, sees 40% upside</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDisney is 'significantly undervalued,' KeyBanc says, sees 40% upside\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-14 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3779590-disney-is-significantly-undervalued-keybanc-says-sees-40-upside><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Walt Disney (NYSE:DIS) shares are 'significantly undervalued' at current levels, KeyBanc Capital Markets analyst Brandon Nispel argues, saying the company's investments over the short and medium-term ...</p>\n\n<a href=\"https://seekingalpha.com/news/3779590-disney-is-significantly-undervalued-keybanc-says-sees-40-upside\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://seekingalpha.com/news/3779590-disney-is-significantly-undervalued-keybanc-says-sees-40-upside","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1136886071","content_text":"Walt Disney (NYSE:DIS) shares are 'significantly undervalued' at current levels, KeyBanc Capital Markets analyst Brandon Nispel argues, saying the company's investments over the short and medium-term will pay off in the long run.\nNispel, who has an overweight rating and a $216 price target on Walt Disney (DIS), implying more than 40% upside, believes that 2022 will be an investment year, but total revenue will grow at 15% annually and operating income will grow at 36% annually over the next three years.\n\"At current levels, investors significantly under-appreciate DIS's growth potential and likely apply severe discounts to publicly traded peers,\" Nispel wrote in a note to investors.\nWalt Disney (DIS) shares are down nearly 2% to $149.90 on Monday and have lost more than 15% year-to-date.\nLooking at Disney's (DIS) 10-K, the analyst expects the company to boost capital expenditures to $6.1 billion in both media and parks in 2022, up $2.5 billion from 2021.\nContent spend is expected to jump 32% to $33 billion in 2022, which should help Disney's direct-to-consumer business, as they expect 50 studio titles, versus 15 to 20 in 2021, including 20 theatrical releases in 2022, compared to 15-20 in fiscal 2021.\nSiriusXM (NASDAQ:SIRI) has reportedly hired Joe Inzerillo, formerly the chief technology officer of Disney+ streaming service, as the company's chief product and technology officer.","news_type":1},"isVote":1,"tweetType":1,"viewCount":641,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":604766148,"gmtCreate":1639447332505,"gmtModify":1639447333136,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Observations of the SG stocks vs internationalstocks is that SG stocks are largely stable while international ones either give you a windfall or huge dip. Always diversify and make sure your risk appetite can handle&nbsp;","listText":"Observations of the SG stocks vs internationalstocks is that SG stocks are largely stable while international ones either give you a windfall or huge dip. Always diversify and make sure your risk appetite can handle&nbsp;","text":"Observations of the SG stocks vs internationalstocks is that SG stocks are largely stable while international ones either give you a windfall or huge dip. Always diversify and make sure your risk appetite can handle","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/604766148","repostId":"1161189552","repostType":2,"isVote":1,"tweetType":1,"viewCount":800,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":605661962,"gmtCreate":1639152971555,"gmtModify":1639152972148,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"That’s great buy the Low&nbsp;","listText":"That’s great buy the Low&nbsp;","text":"That’s great buy the Low","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/605661962","repostId":"1133027099","repostType":2,"repost":{"id":"1133027099","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":1639152670,"share":"https://www.laohu8.com/m/news/1133027099?lang=&edition=full","pubTime":"2021-12-11 00:11","market":"us","language":"en","title":"Sea Ltd stock dropped more than 5% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1133027099","media":"Tiger Newspress","summary":"Sea Ltd stock dropped more than 5% in morning trading.","content":"<p>Sea Ltd stock dropped more than 5% in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></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>Sea Ltd stock dropped more than 5% in morning trading</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\">\nSea Ltd stock dropped more than 5% in morning trading\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\">2021-12-11 00:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sea Ltd stock dropped more than 5% in morning trading.</p>\n<p><img src=\"https://static.tigerbbs.com/f6295277426435ac2c7135ba73dfbdef\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133027099","content_text":"Sea Ltd stock dropped more than 5% in morning trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1628,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603166204,"gmtCreate":1638375086129,"gmtModify":1638375087078,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"ETSY will benefit from this&nbsp;","listText":"ETSY will benefit from this&nbsp;","text":"ETSY will benefit from this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603166204","repostId":"2185126352","repostType":2,"repost":{"id":"2185126352","pubTimestamp":1637763561,"share":"https://www.laohu8.com/m/news/2185126352?lang=&edition=full","pubTime":"2021-11-24 22:19","market":"us","language":"en","title":"Investors watch retail stocks as U.S. holiday shopping beckons","url":"https://stock-news.laohu8.com/highlight/detail?id=2185126352","media":"Reuters","summary":"NEW YORK, Nov 24 (Reuters) - Investors are zeroing in on a number of hot retailers' shares as the U.","content":"<p>NEW YORK, Nov 24 (Reuters) - Investors are zeroing in on a number of hot retailers' shares as the U.S. holiday shopping season kicks into high gear this week, weighing the potential for supply chain problems against expected strong consumer demand.</p>\n<p>The day after the U.S. Thanksgiving holiday, Black Friday, has for years unofficially marked the start of the holiday shopping period and <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the busiest shopping days of the year.</p>\n<p>But the ongoing coronavirus pandemic and its effect on supplies have likely driven shoppers out early, as evidenced by a recent Commerce Department report showing U.S. retail sales surged in October.</p>\n<p>\"We're in a very different place now and for the last two years. Christmas is a four-month season, starting in October,\" said Phil Orlando, chief equity strategist and head of the client portfolio management team at Federated Hermes in New York.</p>\n<p>Among other trends, the Black Friday &nbsp;average promotional discount is lower than in previous years, according to data compiled by Refinitiv and StyleSage Co, a data analytics platform, suggesting consumers may not see the bargains they've seen before.</p>\n<p>But analysts have become more bullish on the holiday shopping season, according to data polled by Refinitiv, which noted that discounters, home furnishing and home improvement companies are expected to see among the strong same-store sales growth.</p>\n<p>Many retailers have outperformed the broader market this year. An S&amp;P retail exchange-traded fund is up 57% since Dec. 31, compared with about a 25% gain in the S&amp;P 500 year-to-date.</p>\n<p>Refinitiv pointed to a number of companies facing \"difficult comparisons\" in the fourth quarter versus a year ago, when sales were strong, but that still have upbeat forecasts for this quarter, including Crocs Inc, Williams-Sonoma, Lowe's Cos, Home Depot, Lululemon Athletica , and Target.</p>\n<p>\"Last year they knocked it out of the park, and you're still seeing strong numbers, which suggests that strength and demand for the products are holding up very well,\" said Jharonne Martis, director of consumer research at Refinitiv.</p>\n<p>Among the retailers with the best year-to-day gains are Bath &amp; Body Works, Tractor Supply Autozone and Etsy.</p>\n<p>Recent earnings reports from retailers have cited problems with supply disruptions and strategists say inventory levels could be a problem for some retailers this shopping season.</p>\n<p>Gap Inc. late Thursday lowered its full-year forecast amid supply chain disruptions including factory closures, and its stock plunged in after-hours trade.</p>\n<p>Last week, Walmart Inc raised its annual sales and profit forecast but global supply-chain disruptions hit its margins in the third quarter.</p>\n<p>Online spending will be strong again this holiday season, the Refinitiv analysis also showed, so all eyes will be on Amazon.com.</p>\n<p>\"Online is going to rule the day,\" Orlando said, and he said overall the companies that are likely to do better this season are the ones that have been able to find a way around supply logjams, such as Amazon, and possibly Target, Walmart and Costco .</p>\n<p>Shares of big department stores that typically draw heavier traffic during the holidays also will be closely watched, including Macy's, Kohl's and Nordstrom, as well as companies with consumer brand favorites, like Apple .</p>\n<p>Shares of Macy's shot up last week after the company raised its sales and profit outlooks and signaled it was well stocked for the holiday season.</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>Investors watch retail stocks as U.S. holiday shopping beckons</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\">\nInvestors watch retail stocks as U.S. holiday shopping beckons\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-24 22:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/investors-watch-retail-stocks-u-140621585.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK, Nov 24 (Reuters) - Investors are zeroing in on a number of hot retailers' shares as the U.S. holiday shopping season kicks into high gear this week, weighing the potential for supply chain ...</p>\n\n<a href=\"https://finance.yahoo.com/news/investors-watch-retail-stocks-u-140621585.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"M":"梅西百货","TSCO":"拖拉机供应公司","ETSY":"Etsy, Inc.","BBWI":"Bath & Body Works Inc.","COST":"好市多"},"source_url":"https://finance.yahoo.com/news/investors-watch-retail-stocks-u-140621585.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2185126352","content_text":"NEW YORK, Nov 24 (Reuters) - Investors are zeroing in on a number of hot retailers' shares as the U.S. holiday shopping season kicks into high gear this week, weighing the potential for supply chain problems against expected strong consumer demand.\nThe day after the U.S. Thanksgiving holiday, Black Friday, has for years unofficially marked the start of the holiday shopping period and one of the busiest shopping days of the year.\nBut the ongoing coronavirus pandemic and its effect on supplies have likely driven shoppers out early, as evidenced by a recent Commerce Department report showing U.S. retail sales surged in October.\n\"We're in a very different place now and for the last two years. Christmas is a four-month season, starting in October,\" said Phil Orlando, chief equity strategist and head of the client portfolio management team at Federated Hermes in New York.\nAmong other trends, the Black Friday  average promotional discount is lower than in previous years, according to data compiled by Refinitiv and StyleSage Co, a data analytics platform, suggesting consumers may not see the bargains they've seen before.\nBut analysts have become more bullish on the holiday shopping season, according to data polled by Refinitiv, which noted that discounters, home furnishing and home improvement companies are expected to see among the strong same-store sales growth.\nMany retailers have outperformed the broader market this year. An S&P retail exchange-traded fund is up 57% since Dec. 31, compared with about a 25% gain in the S&P 500 year-to-date.\nRefinitiv pointed to a number of companies facing \"difficult comparisons\" in the fourth quarter versus a year ago, when sales were strong, but that still have upbeat forecasts for this quarter, including Crocs Inc, Williams-Sonoma, Lowe's Cos, Home Depot, Lululemon Athletica , and Target.\n\"Last year they knocked it out of the park, and you're still seeing strong numbers, which suggests that strength and demand for the products are holding up very well,\" said Jharonne Martis, director of consumer research at Refinitiv.\nAmong the retailers with the best year-to-day gains are Bath & Body Works, Tractor Supply Autozone and Etsy.\nRecent earnings reports from retailers have cited problems with supply disruptions and strategists say inventory levels could be a problem for some retailers this shopping season.\nGap Inc. late Thursday lowered its full-year forecast amid supply chain disruptions including factory closures, and its stock plunged in after-hours trade.\nLast week, Walmart Inc raised its annual sales and profit forecast but global supply-chain disruptions hit its margins in the third quarter.\nOnline spending will be strong again this holiday season, the Refinitiv analysis also showed, so all eyes will be on Amazon.com.\n\"Online is going to rule the day,\" Orlando said, and he said overall the companies that are likely to do better this season are the ones that have been able to find a way around supply logjams, such as Amazon, and possibly Target, Walmart and Costco .\nShares of big department stores that typically draw heavier traffic during the holidays also will be closely watched, including Macy's, Kohl's and Nordstrom, as well as companies with consumer brand favorites, like Apple .\nShares of Macy's shot up last week after the company raised its sales and profit outlooks and signaled it was well stocked for the holiday season.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1775,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603168851,"gmtCreate":1638374982183,"gmtModify":1638374983160,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Good summary!","listText":"Good summary!","text":"Good summary!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603168851","repostId":"2184101778","repostType":2,"repost":{"id":"2184101778","pubTimestamp":1637321581,"share":"https://www.laohu8.com/m/news/2184101778?lang=&edition=full","pubTime":"2021-11-19 19:33","market":"us","language":"en","title":"Prediction: This Breakout Growth Stock Will Be Worth $1 Trillion in 10 Years","url":"https://stock-news.laohu8.com/highlight/detail?id=2184101778","media":"Motley Fool","summary":"Sea Limited is a powerhouse in three different industries.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Sea Limited shareholders have seen returns of 2,390% over the past three years.</li>\n <li>Sea Limited is growing revenue at a triple-digit pace.</li>\n <li>Digitization of Southeast Asia should be a significant tailwind for the company.</li>\n</ul>\n<p>As you read these words, digitization is reshaping the world. This year, consumers will spend a record $4.9 trillion shopping online, according to eMarketer. And that figure will keep growing at 11% annually through 2025, reaching $7.4 trillion. Over the same period, digital wallet usage is expected to double, and the mobile gaming industry will grow at an annualized pace of 14%.</p>\n<p>As those trends play out, few companies are better positioned to benefit than <b>Sea Limited</b> (NYSE:SE). The stock has already generated monster returns for shareholders, skyrocketing 2,410% over the past three years. But Sea's growth story is far from over. In fact, I think this stock will break out over the coming decade, achieving a $1 trillion valuation.</p>\n<p>Here's what you should know.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2ec3762d697cd3a37d218006771becaf\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<h2>Three growth stories</h2>\n<p>Sea Limited is a holding company that owns three different businesses, each of which fits into a high-growth industry: Shopee (e-commerce), SeaMoney (digital finance), and Garena (video games). Collectively, Sea primarily operates in Southeast Asia and Taiwan, though it has more recently expanded into Latin America and Europe, too.</p>\n<p>Video game developer Garena was the first of Sea's three businesses, and it remains critical to its competitive edge. The company is best known for <i>Free Fire</i>, the highest-grossing mobile game in Southeast Asia and Latin America for the past nine&nbsp;quarters, and the highest-grossing mobile game in India for the past four quarters. More importantly, Garena is profitable on a GAAP basis, and it has been for years . In fact, the business generated $611 million in operating profit in the most recent quarter, which translates into a 55% operating margin.</p>\n<p>That substantial cash flow has allowed Sea to invest aggressively in e-commerce. As a result, Shopee is the most popular online marketplace in Southeast Asia by a wide margin, receiving an average of 342 million visits per month, while the next closest competitor sees just 137 million. That gives Sea a significant edge, powering the flywheel that drives its business.&nbsp;Specifically, sellers tend to follow buyers, and as more merchants list items on Shopee, consumers benefit from a greater selection of products. In turn, that should bring more buyers to the marketplace, further enticing sellers to join Shopee.</p>\n<p>To further reinforce that advantage, Sea has invested in last-mile logistics (Shopee Xpress) and payment processing (SeaMoney), both of which create additional value for Shopee merchants. But SeaMoney has also expanded beyond the Shopee marketplace. Consumers can spend money through the mobile wallet at a growing number of third-party locations, both online and offline. That's particularly important, because 73%&nbsp;of the Southeast Asian population is unbanked, meaning they don't have access to savings accounts or debit cards.</p>\n<h2>Breakout financial performance</h2>\n<p>Not surprisingly, Sea's strong competitive position across three different industries has powered an impressive financial performance. In the third quarter, Garena's quarterly paying user base jumped 43% to 93.2 million, Shopee's gross merchandise value rose 81% to $16.8 billion, and SeaMoney's payment volume surged 111% to $4.6 billion.</p>\n<p>Collectively, that translated into revenue of $2.7 billion, up 122%. And while Sea is still losing money on a GAAP basis, cash from operations reached $513 million through the first nine months of 2021, up 39% over the prior year. That means Sea's businesses generate sufficient cash flow to pay the bills. Many fast-growing companies can't make that claim.</p>\n<h2>The future is digital</h2>\n<p>Going forward, the tailwinds of digitization should help Sea maintain that momentum. For instance, only 440 million&nbsp;people (75%&nbsp;of the population) in Southeast Asia are currently connected to the internet, according to a report from Bain &amp; Company. That figure is far lower than the 94%&nbsp;internet penetration in North America, meaning a good number of Southeast Asians can't even access digital services yet.</p>\n<p>However, the pandemic supercharged digital transformation initiatives last year, and online spending in the region is expected to reach at least $700 billion by 2030, and that figure could be as high as $1 trillion. That means the market will grow between fourfold and sixfold in the next nine years. And as a leader in gaming, online commerce, and digital finance, Sea Limited is well-positioned to generate market-beating returns for shareholders.</p>\n<p>In fact, I believe this company -- which currently has a market cap of $175 billion -- should be worth $1 trillion a decade from now, implying annualized growth of at least 19% through 2031.</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>Prediction: This Breakout Growth Stock Will Be Worth $1 Trillion in 10 Years</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\">\nPrediction: This Breakout Growth Stock Will Be Worth $1 Trillion in 10 Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 19:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/19/breakout-growth-stock-will-be-worth-1-trillion/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nSea Limited shareholders have seen returns of 2,390% over the past three years.\nSea Limited is growing revenue at a triple-digit pace.\nDigitization of Southeast Asia should be a ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/19/breakout-growth-stock-will-be-worth-1-trillion/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4503":"景林资产持仓","BK4554":"元宇宙及AR概念","BK4566":"资本集团","BK4551":"寇图资本持仓","BK4535":"淡马锡持仓","BK4548":"巴美列捷福持仓","BK4085":"互动家庭娱乐","SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2021/11/19/breakout-growth-stock-will-be-worth-1-trillion/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184101778","content_text":"Key Points\n\nSea Limited shareholders have seen returns of 2,390% over the past three years.\nSea Limited is growing revenue at a triple-digit pace.\nDigitization of Southeast Asia should be a significant tailwind for the company.\n\nAs you read these words, digitization is reshaping the world. This year, consumers will spend a record $4.9 trillion shopping online, according to eMarketer. And that figure will keep growing at 11% annually through 2025, reaching $7.4 trillion. Over the same period, digital wallet usage is expected to double, and the mobile gaming industry will grow at an annualized pace of 14%.\nAs those trends play out, few companies are better positioned to benefit than Sea Limited (NYSE:SE). The stock has already generated monster returns for shareholders, skyrocketing 2,410% over the past three years. But Sea's growth story is far from over. In fact, I think this stock will break out over the coming decade, achieving a $1 trillion valuation.\nHere's what you should know.\nIMAGE SOURCE: GETTY IMAGES.\nThree growth stories\nSea Limited is a holding company that owns three different businesses, each of which fits into a high-growth industry: Shopee (e-commerce), SeaMoney (digital finance), and Garena (video games). Collectively, Sea primarily operates in Southeast Asia and Taiwan, though it has more recently expanded into Latin America and Europe, too.\nVideo game developer Garena was the first of Sea's three businesses, and it remains critical to its competitive edge. The company is best known for Free Fire, the highest-grossing mobile game in Southeast Asia and Latin America for the past nine quarters, and the highest-grossing mobile game in India for the past four quarters. More importantly, Garena is profitable on a GAAP basis, and it has been for years . In fact, the business generated $611 million in operating profit in the most recent quarter, which translates into a 55% operating margin.\nThat substantial cash flow has allowed Sea to invest aggressively in e-commerce. As a result, Shopee is the most popular online marketplace in Southeast Asia by a wide margin, receiving an average of 342 million visits per month, while the next closest competitor sees just 137 million. That gives Sea a significant edge, powering the flywheel that drives its business. Specifically, sellers tend to follow buyers, and as more merchants list items on Shopee, consumers benefit from a greater selection of products. In turn, that should bring more buyers to the marketplace, further enticing sellers to join Shopee.\nTo further reinforce that advantage, Sea has invested in last-mile logistics (Shopee Xpress) and payment processing (SeaMoney), both of which create additional value for Shopee merchants. But SeaMoney has also expanded beyond the Shopee marketplace. Consumers can spend money through the mobile wallet at a growing number of third-party locations, both online and offline. That's particularly important, because 73% of the Southeast Asian population is unbanked, meaning they don't have access to savings accounts or debit cards.\nBreakout financial performance\nNot surprisingly, Sea's strong competitive position across three different industries has powered an impressive financial performance. In the third quarter, Garena's quarterly paying user base jumped 43% to 93.2 million, Shopee's gross merchandise value rose 81% to $16.8 billion, and SeaMoney's payment volume surged 111% to $4.6 billion.\nCollectively, that translated into revenue of $2.7 billion, up 122%. And while Sea is still losing money on a GAAP basis, cash from operations reached $513 million through the first nine months of 2021, up 39% over the prior year. That means Sea's businesses generate sufficient cash flow to pay the bills. Many fast-growing companies can't make that claim.\nThe future is digital\nGoing forward, the tailwinds of digitization should help Sea maintain that momentum. For instance, only 440 million people (75% of the population) in Southeast Asia are currently connected to the internet, according to a report from Bain & Company. That figure is far lower than the 94% internet penetration in North America, meaning a good number of Southeast Asians can't even access digital services yet.\nHowever, the pandemic supercharged digital transformation initiatives last year, and online spending in the region is expected to reach at least $700 billion by 2030, and that figure could be as high as $1 trillion. That means the market will grow between fourfold and sixfold in the next nine years. And as a leader in gaming, online commerce, and digital finance, Sea Limited is well-positioned to generate market-beating returns for shareholders.\nIn fact, I believe this company -- which currently has a market cap of $175 billion -- should be worth $1 trillion a decade from now, implying annualized growth of at least 19% through 2031.","news_type":1},"isVote":1,"tweetType":1,"viewCount":869,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603168317,"gmtCreate":1638374969455,"gmtModify":1638374970341,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Looking forward to the rise","listText":"Looking forward to the rise","text":"Looking forward to the rise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603168317","repostId":"2184756848","repostType":2,"repost":{"id":"2184756848","pubTimestamp":1637325732,"share":"https://www.laohu8.com/m/news/2184756848?lang=&edition=full","pubTime":"2021-11-19 20:42","market":"us","language":"en","title":"2 Unstoppable Stocks That Could Soar Fivefold by 2030","url":"https://stock-news.laohu8.com/highlight/detail?id=2184756848","media":"Motley Fool","summary":"The stock market might be incredibly strong right now, but the best results will still be generated over the long term.","content":"<p>The stock market has a history of rewarding patient investors with blockbuster returns. It's the ultimate vehicle for generating long-term wealth, even when investing conservatively in a diversified index like the <b>S&amp;P 500</b>, which has grown by 3,740% since 1981.</p>\n<p>But even that dizzying return has been crushed by some individual stocks -- mainly in the technology sector -- that have delivered game-changing products and services over the years.</p>\n<p>We're still in the early innings of the current decade, but here are two stocks that could run circles around the broader market between now and 2030.</p>\n<h2>1. The case for Sea Limited</h2>\n<p>When it comes to the digital economy, Singapore-based <b>Sea Limited</b> (NYSE:SE) is a triple threat. It operates in three of the hottest sectors in the technological realm: Mobile gaming, e-commerce, and digital payments.</p>\n<p>Its gaming brand is titled Garena, and it boasts over 729 million quarterly active users. It's primarily driven by its Free Fire mobile game, which surpassed 1 billion downloads this year and recently notched a record-high 150 million daily active users. The game was released in 2017, and yet is still growing in popularity.</p>\n<p>While gaming falls under Sea's largest segment by revenue, digital entertainment, its e-commerce piece is almost equally as formidable. The company's Shopee app connects buyers and sellers with a hybrid consumer-to-consumer and business-to-consumer model, and it is consistently in the top two most downloaded apps globally in <b>Alphabet</b>'s Google Play store, and <b>Apple</b>'s App Store.</p>\n<p>Together with its fintech business that now supports over 39 million users, Sea Limited's brand portfolio has combined to generate hyper-growth.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>2018</p></th>\n   <th><p>2021 (Estimate)</p></th>\n   <th><p>CAGR</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$1.04 billion</p></td>\n   <td><p>$9.16 billion</p></td>\n   <td><p>106%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Sea Limited, Yahoo! Finance. CAGR = compound annual growth rate.</p>\n<p>For a stock to rise fivefold by 2030, it would need to grow revenue by a compound annual rate of about 20%, assuming its present price-to-sales ratio remained exactly the same. Sea Limited is trouncing that growth rate, which could present a big opportunity for investors.</p>\n<p>While the company isn't profitable just yet, it's expected to inch much closer to breakeven in 2022 while surpassing $13 billion in revenue. It shouldn't be long before investors reap the added benefits of positive earnings.</p>\n<h2>2. The case for Amazon</h2>\n<p><b>Amazon</b> (NASDAQ:AMZN) needs little introduction. Since the company listed publicly in 1997, its stock has risen a mind-bending 203,000%, so I'm not exactly going out on a limb by predicting another 400% return between now and 2030.</p>\n<p>But Amazon is a far more mature group of businesses now than it was 24 years ago. It carries significantly less risk to investors because it's now highly profitable, as opposed to being in the start-up phase. The downside is that its growth trajectory won't be anything like it was in the formative years, but it's certainly growing fast enough to generate a fivefold return within the current decade.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>2017</p></th>\n   <th><p>2021 (Estimate)</p></th>\n   <th><p>CAGR</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue</p></td>\n   <td><p>$177.8 billion</p></td>\n   <td><p>$470.4 billion</p></td>\n   <td><p>27%</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings per share</p></td>\n   <td><p>$6.15</p></td>\n   <td><p>$40.94</p></td>\n   <td><p>60%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Amazon, Yahoo! Finance. CAGR = compound annual growth rate.</p>\n<p>While the company is best known for its e-commerce business -- which is responsible for almost half of all the online sales in the entire U.S. -- its Amazon Web Services (AWS) segment is a bigger highlight in terms of growth right now. AWS is the world's leading provider of cloud computing, with over 200 different services available for businesses, and on a trailing-12-month basis, its revenue has grown 34%, which outpaces overall revenue growth.</p>\n<p>AWS is also significantly more profitable, with a 30.3% operating margin in the recent third quarter, compared to just 1.3% for Amazon's North American e-commerce business. As AWS continues to grow into a larger piece of the overall company, it should therefore also result in faster-growing earnings per share. That could open up a smoother pathway to fivefold returns by 2030.</p>\n<p>Amazon has grown so dominant that it's going to be extremely difficult for emerging companies to compete with, so its current position as one of the five largest listed companies in the U.S. should remain solidified over the long term.</p>\n<p>That makes the stock one of the safer bets for outsized returns in the long run.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>2 Unstoppable Stocks That Could Soar Fivefold by 2030</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n2 Unstoppable Stocks That Could Soar Fivefold by 2030\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-19 20:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/11/19/2-unstoppable-stocks-that-could-soar-fivefold-2030/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The stock market has a history of rewarding patient investors with blockbuster returns. It's the ultimate vehicle for generating long-term wealth, even when investing conservatively in a diversified ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/19/2-unstoppable-stocks-that-could-soar-fivefold-2030/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4535":"淡马锡持仓","BK4524":"宅经济概念","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4538":"云计算","AMZN":"亚马逊","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4085":"互动家庭娱乐","SE":"Sea Ltd","BK4548":"巴美列捷福持仓"},"source_url":"https://www.fool.com/investing/2021/11/19/2-unstoppable-stocks-that-could-soar-fivefold-2030/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2184756848","content_text":"The stock market has a history of rewarding patient investors with blockbuster returns. It's the ultimate vehicle for generating long-term wealth, even when investing conservatively in a diversified index like the S&P 500, which has grown by 3,740% since 1981.\nBut even that dizzying return has been crushed by some individual stocks -- mainly in the technology sector -- that have delivered game-changing products and services over the years.\nWe're still in the early innings of the current decade, but here are two stocks that could run circles around the broader market between now and 2030.\n1. The case for Sea Limited\nWhen it comes to the digital economy, Singapore-based Sea Limited (NYSE:SE) is a triple threat. It operates in three of the hottest sectors in the technological realm: Mobile gaming, e-commerce, and digital payments.\nIts gaming brand is titled Garena, and it boasts over 729 million quarterly active users. It's primarily driven by its Free Fire mobile game, which surpassed 1 billion downloads this year and recently notched a record-high 150 million daily active users. The game was released in 2017, and yet is still growing in popularity.\nWhile gaming falls under Sea's largest segment by revenue, digital entertainment, its e-commerce piece is almost equally as formidable. The company's Shopee app connects buyers and sellers with a hybrid consumer-to-consumer and business-to-consumer model, and it is consistently in the top two most downloaded apps globally in Alphabet's Google Play store, and Apple's App Store.\nTogether with its fintech business that now supports over 39 million users, Sea Limited's brand portfolio has combined to generate hyper-growth.\n\n\n\nMetric\n2018\n2021 (Estimate)\nCAGR\n\n\n\n\nRevenue\n$1.04 billion\n$9.16 billion\n106%\n\n\n\nData source: Sea Limited, Yahoo! Finance. CAGR = compound annual growth rate.\nFor a stock to rise fivefold by 2030, it would need to grow revenue by a compound annual rate of about 20%, assuming its present price-to-sales ratio remained exactly the same. Sea Limited is trouncing that growth rate, which could present a big opportunity for investors.\nWhile the company isn't profitable just yet, it's expected to inch much closer to breakeven in 2022 while surpassing $13 billion in revenue. It shouldn't be long before investors reap the added benefits of positive earnings.\n2. The case for Amazon\nAmazon (NASDAQ:AMZN) needs little introduction. Since the company listed publicly in 1997, its stock has risen a mind-bending 203,000%, so I'm not exactly going out on a limb by predicting another 400% return between now and 2030.\nBut Amazon is a far more mature group of businesses now than it was 24 years ago. It carries significantly less risk to investors because it's now highly profitable, as opposed to being in the start-up phase. The downside is that its growth trajectory won't be anything like it was in the formative years, but it's certainly growing fast enough to generate a fivefold return within the current decade.\n\n\n\nMetric\n2017\n2021 (Estimate)\nCAGR\n\n\n\n\nRevenue\n$177.8 billion\n$470.4 billion\n27%\n\n\nEarnings per share\n$6.15\n$40.94\n60%\n\n\n\nData source: Amazon, Yahoo! Finance. CAGR = compound annual growth rate.\nWhile the company is best known for its e-commerce business -- which is responsible for almost half of all the online sales in the entire U.S. -- its Amazon Web Services (AWS) segment is a bigger highlight in terms of growth right now. AWS is the world's leading provider of cloud computing, with over 200 different services available for businesses, and on a trailing-12-month basis, its revenue has grown 34%, which outpaces overall revenue growth.\nAWS is also significantly more profitable, with a 30.3% operating margin in the recent third quarter, compared to just 1.3% for Amazon's North American e-commerce business. As AWS continues to grow into a larger piece of the overall company, it should therefore also result in faster-growing earnings per share. That could open up a smoother pathway to fivefold returns by 2030.\nAmazon has grown so dominant that it's going to be extremely difficult for emerging companies to compete with, so its current position as one of the five largest listed companies in the U.S. should remain solidified over the long term.\nThat makes the stock one of the safer bets for outsized returns in the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603168044,"gmtCreate":1638374937702,"gmtModify":1638374938714,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"&nbsp;That’s good news for SEA","listText":"&nbsp;That’s good news for SEA","text":"That’s good news for SEA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603168044","repostId":"1161855788","repostType":2,"repost":{"id":"1161855788","pubTimestamp":1638368211,"share":"https://www.laohu8.com/m/news/1161855788?lang=&edition=full","pubTime":"2021-12-01 22:16","market":"us","language":"en","title":"3 Top Stocks That'll Make You Richer in December (and Beyond)","url":"https://stock-news.laohu8.com/highlight/detail?id=1161855788","media":"Motley Fool","summary":"Bargains abound for growth and value investors.","content":"<p>We've officially hit the home stretch for what looks like another great year for the stock market. Since bottoming out in March 2020, the benchmark&nbsp;<b>S&amp;P 500</b>&nbsp;has been practically unstoppable. In what's become the strongest bounce-back rally from a bear-market bottom on record, the S&amp;P 500 has delivered a total return, including dividends, of 111% since March 23, 2020.</p>\n<p>But even with the broader market a stone's throw from an all-time high, incredible deals still abound. The following three top stocks all possess attributes that can help make you richer in December, and, most importantly, well beyond.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d06d7202e9c1d1c4d748bc3e1a80774\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<p><b>Sea Limited</b></p>\n<p>For you unbridledgrowth investors, the stock that could make you a lot richer this month and well beyond is Singapore-based&nbsp;<b>Sea Limited</b>.</p>\n<p>Sea has had a monumental run-up since the bear-market bottom 20 months ago. Shares are up a cool 672% -- and that's after a 20% pullback from its all-time closing high on Oct. 19. With inflation picking up and coronavirus disease 2019 (COVID-19) variant concerns rearing their head, most growth stocks have taken it on the chin. But neither U.S. inflation nor COVID-19 variants are of concern to Sea Limited's three rapidly growing operating segments.</p>\n<p>For the time being, the only division generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA) is its mobile gaming unit, led by<i>Free Fire</i>. When the curtain closed on September, the company had 729 million quarterly active gamers.</p>\n<p>But it's not the number of gamers that's impressive. It's that 12.8% of these gamers (93.2 million) were paying to play. The pay-to-play conversion rate for the mobile gaming industry was closer to 2% in 2020.&nbsp; As long as Sea is generating revenue from users at a considerably higher clip than the industry average, it should command a valuation premium.</p>\n<p>The second rapidly growing segment is digital financial services. Though this division is still relatively nascent, the number of paying mobile wallet users grew to 39.3 million in the third quarter. Since many of the regions targeted by Sea are underbanked emerging markets, offering digital financial tools that can democratize the payment process&nbsp;could be a long-term game-changer.</p>\n<p>But the third and&nbsp;most exciting operating segment&nbsp;is its e-commerce division, Shopee. Among downloadable shopping apps, Shopee consistently reigns supreme in Southeastern Asia. Between COVID-19 keeping people in their homes and middle-class consumers fueling buying activity in emerging market economies, Shopee is set up for success. In fact, its annual gross merchandise value (GMV) run-rate of $67.2 billion (based on third-quarter 2021 figures) is more than six times higher than the GMV the company reported in all of 2018.</p>\n<p>Sea Limited could very well be one of the fastest-growing mega-cap stocks on the planet this decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3d8ba66a74371fb87c9a662943abcdd4\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<p><b>Planet 13 Holdings</b></p>\n<p>Another top stock with all the tools necessary to make investors richer in December and for many years in the future is U.S.&nbsp;marijuana stock&nbsp;<b>Planet 13 Holdings</b>.</p>\n<p>Easily the biggest objection to investing in U.S. pot stocks is the fact that Congress still hasn't enacted cannabis legalization efforts. While it would make life easier for marijuana companies if the federal government would enact reforms, the vast majority of publicly traded pot stocks are primed for success if the status quo continues. With&nbsp;36 states&nbsp;having legalized weed in some capacity, and the Department of Justice maintaining a hands-off policy, U.S. cannabis stocks like Planet 13 can bloom into successful businesses.</p>\n<p>For the vast majority of multi-state operators (MSOs), their strategy consists of targeting big-dollar markets and planting their proverbial flag in as many states as possible. But this isn't how Planet 13 operates. It&nbsp;gets its competitive edge&nbsp;by focusing just as much on the immersive shopping experience as it does on making a sale.</p>\n<p>For the moment, Planet 13&nbsp;has just two operating dispensaries. The first is the Las Vegas SuperStore just west of the Strip. It's 112,000 square feet in size and contains a restaurant, events center, and consumer-facing processing center. In July 2021, Planet 13 opened its Orange County SuperStore about 10 minutes from Disneyland in Santa Ana, California. It spans 55,000 square feet and features a whopping 16,500 square feet of selling space.'</p>\n<p>Planet 13's stores are a must-see for cannabis tourists as well as locals. In fact, significantly reduced tourist traffic to Las Vegas during the pandemic forced the company to begin focusing on local residents. With Las Vegas tourism returning to some semblance of normal, Planet 13 now has both tourist appeal and a strong local resident following.</p>\n<p>The company has also had quite a bit of success launching its own cannabis brands. According to Headset, via third-quarter commentary from Planet 13 CEO Larry Scheffler, Trendi comprises 5% of Nevada's vape sales, with HaHa edibles accounting for 14% of the Silver State's edible sales.</p>\n<p>With Planet 13 on the cusp of recurring profitability and more than 50% below its February high, the time for opportunistic investors to pounce is now.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/106238ec5cefb2975d9231f3547e445c\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>Image source: Getty Images.</span></p>\n<p><b>Teva Pharmaceutical Industries</b></p>\n<p>As for you&nbsp;value investors, the top stock that can make you richer in December and beyond is brand-name and generic drug developer&nbsp;<b>Teva Pharmaceutical Industries</b>.</p>\n<p>Teva has dealt with a laundry list of bad news events over the five years. The company settled bribery charges with U.S. regulators, grossly overpaid for generic drugmaker Actavis, completely shelved its dividend, and saw its top-selling drug -- multiple sclerosis drug Copaxone -- lose patent exclusivity. But the biggest concern of late is the ongoing litigation Teva is facing over its role in the opioid crisis.</p>\n<p>While these are not the types of hurdles that get leaped in a single bound, Teva's CEO Kare Schultz&nbsp;has done an exemplary job&nbsp;of getting the company back on track. Schultz is a bona fide turnaround specialist who's been with the company for a little over four years. In that time, he's reduced Teva's net debt from more than $34 billion to around $22 billion. This has been accomplished by selling off non-core assets, reducing annual operating expenses by billions of dollars, and utilizing the company's bountiful operating cash flow to pay down debt. There no question that Teva is a more financially sound company now than when Schultz was first given the reins.</p>\n<p>Schultz is expected to play a key role in&nbsp;helping Teva navigate a sea of litigation, too. With the company focused on reducing debt, Schultz will aim to settle litigation with minimal amounts of cash. Instead, look for the company to offer free or reduced-price medication to states over roughly a decade as a way of potentially settling opioid litigation. It also doesn't hurt that a California trial found drugmakers weren't liable for the opioid epidemic. This puts added momentum in Teva's sails.</p>\n<p>Over the long run, Teva should be buoyed by increased usage of generics. Rapidly rising brand-name drug list prices, coupled with growing access to healthcare services, should lift Teva's generic drug pricing power and overall sales volume.</p>\n<p>At roughly three times (yes,<i>three times</i>!) Wall Street's consensus forward-year earnings per share, you'd struggle to find a more deeply discounted&nbsp;drug stock&nbsp;right now.</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>3 Top Stocks That'll Make You Richer in December (and Beyond)</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 Top Stocks That'll Make You Richer in December (and Beyond)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 22:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/12/01/3-top-stocks-thatll-make-you-richer-in-december/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We've officially hit the home stretch for what looks like another great year for the stock market. Since bottoming out in March 2020, the benchmark S&P 500 has been practically unstoppable. In what's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/12/01/3-top-stocks-thatll-make-you-richer-in-december/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd","TEVA":"梯瓦制药"},"source_url":"https://www.fool.com/investing/2021/12/01/3-top-stocks-thatll-make-you-richer-in-december/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161855788","content_text":"We've officially hit the home stretch for what looks like another great year for the stock market. Since bottoming out in March 2020, the benchmark S&P 500 has been practically unstoppable. In what's become the strongest bounce-back rally from a bear-market bottom on record, the S&P 500 has delivered a total return, including dividends, of 111% since March 23, 2020.\nBut even with the broader market a stone's throw from an all-time high, incredible deals still abound. The following three top stocks all possess attributes that can help make you richer in December, and, most importantly, well beyond.\nImage source: Getty Images.\nSea Limited\nFor you unbridledgrowth investors, the stock that could make you a lot richer this month and well beyond is Singapore-based Sea Limited.\nSea has had a monumental run-up since the bear-market bottom 20 months ago. Shares are up a cool 672% -- and that's after a 20% pullback from its all-time closing high on Oct. 19. With inflation picking up and coronavirus disease 2019 (COVID-19) variant concerns rearing their head, most growth stocks have taken it on the chin. But neither U.S. inflation nor COVID-19 variants are of concern to Sea Limited's three rapidly growing operating segments.\nFor the time being, the only division generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA) is its mobile gaming unit, led byFree Fire. When the curtain closed on September, the company had 729 million quarterly active gamers.\nBut it's not the number of gamers that's impressive. It's that 12.8% of these gamers (93.2 million) were paying to play. The pay-to-play conversion rate for the mobile gaming industry was closer to 2% in 2020.  As long as Sea is generating revenue from users at a considerably higher clip than the industry average, it should command a valuation premium.\nThe second rapidly growing segment is digital financial services. Though this division is still relatively nascent, the number of paying mobile wallet users grew to 39.3 million in the third quarter. Since many of the regions targeted by Sea are underbanked emerging markets, offering digital financial tools that can democratize the payment process could be a long-term game-changer.\nBut the third and most exciting operating segment is its e-commerce division, Shopee. Among downloadable shopping apps, Shopee consistently reigns supreme in Southeastern Asia. Between COVID-19 keeping people in their homes and middle-class consumers fueling buying activity in emerging market economies, Shopee is set up for success. In fact, its annual gross merchandise value (GMV) run-rate of $67.2 billion (based on third-quarter 2021 figures) is more than six times higher than the GMV the company reported in all of 2018.\nSea Limited could very well be one of the fastest-growing mega-cap stocks on the planet this decade.\nImage source: Getty Images.\nPlanet 13 Holdings\nAnother top stock with all the tools necessary to make investors richer in December and for many years in the future is U.S. marijuana stock Planet 13 Holdings.\nEasily the biggest objection to investing in U.S. pot stocks is the fact that Congress still hasn't enacted cannabis legalization efforts. While it would make life easier for marijuana companies if the federal government would enact reforms, the vast majority of publicly traded pot stocks are primed for success if the status quo continues. With 36 states having legalized weed in some capacity, and the Department of Justice maintaining a hands-off policy, U.S. cannabis stocks like Planet 13 can bloom into successful businesses.\nFor the vast majority of multi-state operators (MSOs), their strategy consists of targeting big-dollar markets and planting their proverbial flag in as many states as possible. But this isn't how Planet 13 operates. It gets its competitive edge by focusing just as much on the immersive shopping experience as it does on making a sale.\nFor the moment, Planet 13 has just two operating dispensaries. The first is the Las Vegas SuperStore just west of the Strip. It's 112,000 square feet in size and contains a restaurant, events center, and consumer-facing processing center. In July 2021, Planet 13 opened its Orange County SuperStore about 10 minutes from Disneyland in Santa Ana, California. It spans 55,000 square feet and features a whopping 16,500 square feet of selling space.'\nPlanet 13's stores are a must-see for cannabis tourists as well as locals. In fact, significantly reduced tourist traffic to Las Vegas during the pandemic forced the company to begin focusing on local residents. With Las Vegas tourism returning to some semblance of normal, Planet 13 now has both tourist appeal and a strong local resident following.\nThe company has also had quite a bit of success launching its own cannabis brands. According to Headset, via third-quarter commentary from Planet 13 CEO Larry Scheffler, Trendi comprises 5% of Nevada's vape sales, with HaHa edibles accounting for 14% of the Silver State's edible sales.\nWith Planet 13 on the cusp of recurring profitability and more than 50% below its February high, the time for opportunistic investors to pounce is now.\nImage source: Getty Images.\nTeva Pharmaceutical Industries\nAs for you value investors, the top stock that can make you richer in December and beyond is brand-name and generic drug developer Teva Pharmaceutical Industries.\nTeva has dealt with a laundry list of bad news events over the five years. The company settled bribery charges with U.S. regulators, grossly overpaid for generic drugmaker Actavis, completely shelved its dividend, and saw its top-selling drug -- multiple sclerosis drug Copaxone -- lose patent exclusivity. But the biggest concern of late is the ongoing litigation Teva is facing over its role in the opioid crisis.\nWhile these are not the types of hurdles that get leaped in a single bound, Teva's CEO Kare Schultz has done an exemplary job of getting the company back on track. Schultz is a bona fide turnaround specialist who's been with the company for a little over four years. In that time, he's reduced Teva's net debt from more than $34 billion to around $22 billion. This has been accomplished by selling off non-core assets, reducing annual operating expenses by billions of dollars, and utilizing the company's bountiful operating cash flow to pay down debt. There no question that Teva is a more financially sound company now than when Schultz was first given the reins.\nSchultz is expected to play a key role in helping Teva navigate a sea of litigation, too. With the company focused on reducing debt, Schultz will aim to settle litigation with minimal amounts of cash. Instead, look for the company to offer free or reduced-price medication to states over roughly a decade as a way of potentially settling opioid litigation. It also doesn't hurt that a California trial found drugmakers weren't liable for the opioid epidemic. This puts added momentum in Teva's sails.\nOver the long run, Teva should be buoyed by increased usage of generics. Rapidly rising brand-name drug list prices, coupled with growing access to healthcare services, should lift Teva's generic drug pricing power and overall sales volume.\nAt roughly three times (yes,three times!) Wall Street's consensus forward-year earnings per share, you'd struggle to find a more deeply discounted drug stock right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":603161350,"gmtCreate":1638374843449,"gmtModify":1638374844538,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Interesting! What do you think will happen?","listText":"Interesting! What do you think will happen?","text":"Interesting! What do you think will happen?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/603161350","repostId":"1147348931","repostType":2,"repost":{"id":"1147348931","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":1638349766,"share":"https://www.laohu8.com/m/news/1147348931?lang=&edition=full","pubTime":"2021-12-01 17:09","market":"us","language":"en","title":"Altimeter Growth surged 10% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1147348931","media":"Tiger Newspress","summary":"Altimeter Growth surged 10% in premarket trading as Grab to debut on Nasdaq after shareholders approved SPAC merger.SHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday .Shares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday , after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market tra","content":"<p>Altimeter Growth surged 10% in premarket trading&nbsp;as&nbsp;Grab to debut on Nasdaq after shareholders approved SPAC merger.</p>\n<p><img src=\"https://static.tigerbbs.com/37851e896fa7303daf1c06cd5dbb15b5\" tg-width=\"853\" tg-height=\"621\" width=\"100%\" height=\"auto\"></p>\n<p>SHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday (Dec 2).</p>\n<p>Shares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday (Nov 30), after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market trading.</p>\n<p>The green light from investors marks the completion of one of the biggest blank-cheque deals globally, which valued the combination at nearly US$40 billion. The combined entity will start trading on the Nasdaq on Dec 2 under the ticker GRAB.</p>\n<p>Investors that back a&nbsp;SPAC (special purpose acquisition company) have a chance to redeem their bets at the issue price before the merger is completed. In Grab's case, 0.02 per cent of shares were redeemed, Altimeter said in a statement. Grab's redemption rate could be considered low compared to its US peers, where interest in SPAC deals have sizzled out of late.</p>\n<p>As a result of the transaction, Grab will receive a US$4.5 billion cash injection, which includes US$4 billion in private investment in public equity arrangement, from the SPAC promoted by Silicon Valley investor Brad Gerstner.</p>\n<p>Gerstner's Altimeter Growth and Grab announced the deal in April, near the height of the SPAC boom. It then delayed the completion of the merger to Q4 as it finalised its audit of the past 3 years.</p>\n<p>Grab reported widening losses of US$988 million for its third quarter, from US$621 million a year before. Revenue fell 9 per cent to US$157 million, weighed down by pandemic restrictions. In mid-November, Grab's app was hit by awidespread outagewhich dragged on for more than 2 days after its system upgrade backfired.</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>Altimeter Growth surged 10% in premarket trading</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\">\nAltimeter Growth surged 10% in premarket trading\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\">2021-12-01 17:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Altimeter Growth surged 10% in premarket trading&nbsp;as&nbsp;Grab to debut on Nasdaq after shareholders approved SPAC merger.</p>\n<p><img src=\"https://static.tigerbbs.com/37851e896fa7303daf1c06cd5dbb15b5\" tg-width=\"853\" tg-height=\"621\" width=\"100%\" height=\"auto\"></p>\n<p>SHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday (Dec 2).</p>\n<p>Shares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday (Nov 30), after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market trading.</p>\n<p>The green light from investors marks the completion of one of the biggest blank-cheque deals globally, which valued the combination at nearly US$40 billion. The combined entity will start trading on the Nasdaq on Dec 2 under the ticker GRAB.</p>\n<p>Investors that back a&nbsp;SPAC (special purpose acquisition company) have a chance to redeem their bets at the issue price before the merger is completed. In Grab's case, 0.02 per cent of shares were redeemed, Altimeter said in a statement. Grab's redemption rate could be considered low compared to its US peers, where interest in SPAC deals have sizzled out of late.</p>\n<p>As a result of the transaction, Grab will receive a US$4.5 billion cash injection, which includes US$4 billion in private investment in public equity arrangement, from the SPAC promoted by Silicon Valley investor Brad Gerstner.</p>\n<p>Gerstner's Altimeter Growth and Grab announced the deal in April, near the height of the SPAC boom. It then delayed the completion of the merger to Q4 as it finalised its audit of the past 3 years.</p>\n<p>Grab reported widening losses of US$988 million for its third quarter, from US$621 million a year before. Revenue fell 9 per cent to US$157 million, weighed down by pandemic restrictions. In mid-November, Grab's app was hit by awidespread outagewhich dragged on for more than 2 days after its system upgrade backfired.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GRAB":"Grab Holdings"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147348931","content_text":"Altimeter Growth surged 10% in premarket trading as Grab to debut on Nasdaq after shareholders approved SPAC merger.\n\nSHAREHOLDERS voted in favour of the merger between Grab and listed shell company Altimeter Growth Corp, paving the way for the ride-hailing and delivery giant to list in the US on Thursday (Dec 2).\nShares of Altimeter Growth Corporation fell 5.8 per cent to close at US$12.72 on Tuesday (Nov 30), after the proposal passed at an extraordinary general meeting. It rebounded slightly in post-market trading.\nThe green light from investors marks the completion of one of the biggest blank-cheque deals globally, which valued the combination at nearly US$40 billion. The combined entity will start trading on the Nasdaq on Dec 2 under the ticker GRAB.\nInvestors that back a SPAC (special purpose acquisition company) have a chance to redeem their bets at the issue price before the merger is completed. In Grab's case, 0.02 per cent of shares were redeemed, Altimeter said in a statement. Grab's redemption rate could be considered low compared to its US peers, where interest in SPAC deals have sizzled out of late.\nAs a result of the transaction, Grab will receive a US$4.5 billion cash injection, which includes US$4 billion in private investment in public equity arrangement, from the SPAC promoted by Silicon Valley investor Brad Gerstner.\nGerstner's Altimeter Growth and Grab announced the deal in April, near the height of the SPAC boom. It then delayed the completion of the merger to Q4 as it finalised its audit of the past 3 years.\nGrab reported widening losses of US$988 million for its third quarter, from US$621 million a year before. Revenue fell 9 per cent to US$157 million, weighed down by pandemic restrictions. In mid-November, Grab's app was hit by awidespread outagewhich dragged on for more than 2 days after its system upgrade backfired.","news_type":1},"isVote":1,"tweetType":1,"viewCount":623,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879565497,"gmtCreate":1636743447814,"gmtModify":1636743448067,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"But then again Tesla rides on speculation and irrational traders, as well as some strong tech and business fundamentals. A deadly combination if you’re on the short end of the stick, buthere to stay for a long time&nbsp;","listText":"But then again Tesla rides on speculation and irrational traders, as well as some strong tech and business fundamentals. A deadly combination if you’re on the short end of the stick, buthere to stay for a long time&nbsp;","text":"But then again Tesla rides on speculation and irrational traders, as well as some strong tech and business fundamentals. A deadly combination if you’re on the short end of the stick, buthere to stay for a long time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/879565497","repostId":"1163118124","repostType":4,"repost":{"id":"1163118124","pubTimestamp":1636726239,"share":"https://www.laohu8.com/m/news/1163118124?lang=&edition=full","pubTime":"2021-11-12 22:10","market":"us","language":"en","title":"Tesla: $1 Trillion Of Speculation","url":"https://stock-news.laohu8.com/highlight/detail?id=1163118124","media":"Forbes","summary":"Tesla’s  market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz , which might not even happen.Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global p","content":"<p>Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might&nbsp;not even happen.</p>\n<p>Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030.</p>\n<p>This report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation.</p>\n<p><b>Tesla’s Valuation vs. Competitors Makes No Sense</b></p>\n<p>Tesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers combined.</p>\n<p><b>Figure 1:&nbsp;Tesla’s Market Cap Vs. Competitors</b></p>\n<p><img src=\"https://static.tigerbbs.com/fb58977e39c2d0ce868e80de26d098d9\" tg-width=\"925\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>This valuation comes despite Tesla selling less than 1/50th&nbsp;of the vehicles than the combined total sold by the next 10 largest automakers over the trailing twelve months ended the first half of 2021. See Figure 2.</p>\n<p>I cannot conceive of a straight-faced argument for the disconnect between Tesla’s valuation and its vehicle sales compared to its competitors.</p>\n<p><b>Figure 2:&nbsp;Tesla’s Car Sales Vs. Competitors</b></p>\n<p><img src=\"https://static.tigerbbs.com/7fe8de12677dc13fe01f38fbafdcab27\" tg-width=\"946\" tg-height=\"397\" referrerpolicy=\"no-referrer\">* Stellantis sales estimated as Fiat Chrysler and PSA Group’s 2H20 sales and Stellantis’ 1H21 sales. Stellantis was formed as a merger between the two in January 2021.</p>\n<p><b>Is the Hertz Deal Really Worth $100 Billion+ in Market Cap?</b></p>\n<p>Even if Hertz eventually agrees to buy 100,000 Tesla Model 3s, I do not think it is worth the $100 billion in market cap, or $1 million per vehicle, that we saw investors give Tesla’s market cap after the Hertz deal made headlines. Even Elon Musk questioned the surge in share price, noting that the price movement was “strange” given that Tesla is “very much a production ramp problem, not a demand problem.”</p>\n<p>This $100 billion market cap jump makes even less sense in the context of Tesla’s&nbsp;sky-high valuation&nbsp;before the announcement. Clearly, the feasibility of Tesla meeting the sales expectations embedded in its market cap plays no role in its valuation. For those that do care about&nbsp;expectations investing, I did the math and Tesla needs to successfully deliver on 155 Hertz-sized deals to meet the sales implied by a $1.2 trillion market cap.</p>\n<p><b>Will the Hertz Deal Result in Any Profits – If It Goes Through?</b></p>\n<p>After Elon Musk&nbsp;tweeted&nbsp;on November 1, 2021 that “no contract has been signed yet”, the Hertz deal reminds me of another&nbsp;famous tweet: \"am considering taking Tesla private at $420. Funding secured.”</p>\n<p>Even if the deal does go through, the pricing terms are very unclear. Elon insists that no cars will be sold at a discount. Meanwhile, Hertz CEO Mark Fields has made it clear that he is playing the field and working on getting cars from all EV manufacturers on his lot.</p>\n<p>Either Tesla is selling cars at a (large or small) discount, the deal terms are wrong, or the deal does not get done. If the deal gets done, I do not expect it to be profitable. Rental car companies are accustomed to getting discounts for bulk orders, and I see no reason for Hertz to expect to pay list prices on a deal for so many cars.</p>\n<p>At the end of the day, I’m not sure pricing matters because I don't think the Hertz deal gets done. This affair is more about headlines and fueling speculation than doing any real business.</p>\n<p><b>Tesla’s Global Market Share Getting Smaller</b></p>\n<p>Tesla’s first-mover is already eroding, and its market share continues to decline. In the first half of 2021, Tesla sold 14.6% of the EVs&nbsp;sold worldwide&nbsp;compared to 18.8% over the same period in 2020.</p>\n<p>Rising volumes, and falling market share are to be expected in a nascent industry. The problem is that Tesla’s isn’t priced for declining market share. It is priced for massive market share gains, unheard of gains in nearly any industry across the globe, especially in an industry as large and competitive as passenger vehicles.</p>\n<p><b>Reverse DCF Math: Valuation Implies Tesla Will Own 60%+ of the Global Passenger EV Market</b></p>\n<p>At its current average selling price (ASP) of ~$51k, Tesla’s stock price of ~1,200/share implies the firm will sell 16 million vehicles in 2030 (versus ~800k TTM), or 60% of the&nbsp;projected base case global EV passenger vehicle market&nbsp;in 2030. For reference, Adam Jonas, a Morgan Stanley analyst with a price target of $1,600/share, projects Tesla will sell&nbsp;8.1 million vehicles&nbsp;in 2030.</p>\n<p>I think it is unlikely that Tesla will sell such a high volume of vehicles at a $51k ASP, yet the implied vehicle sales based on lower ASPs look even more impractical.</p>\n<p>As detailed in the next section, this analysis assumes Tesla achieves profit margins twice as high as Toyota (TM) and quadruples its current auto manufacturing efficiency. In other words, I aim to provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price.</p>\n<p>Per Figure 3, Tesla’s current valuation implies that, in 2030, it will sell the following number of vehicles based on these ASP benchmarks:</p>\n<ul>\n <li>16 million vehicles – current ASP of $51k</li>\n <li>21 million vehicles – ASP of $38k (average new car price in the U.S. in 2020)</li>\n <li>46 million vehicles – ASP of $17k (equal to General Motors over the TTM)</li>\n</ul>\n<p>If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 25.8 million in 2030, the&nbsp;base case projection from the IEA):</p>\n<ul>\n <li>60% for 16 million vehicles</li>\n <li>80% for 21 million vehicles</li>\n <li>179% for 46 million vehicles</li>\n</ul>\n<p>If I assume the&nbsp;IEA’s best case&nbsp;for global passenger EV sales in 2030, 46.8 million vehicles, the above vehicle sales represent:</p>\n<ul>\n <li>33% for 16 million vehicles</li>\n <li>44% for 21 million vehicles</li>\n <li>98% for 46 million vehicles</li>\n</ul>\n<p><b>Figure 3:&nbsp;Tesla’s Implied Vehicle Sales in 2030 to Justify Current Valuation</b></p>\n<p><img src=\"https://static.tigerbbs.com/9c6d6230910209d16f55e6e527130d43\" tg-width=\"960\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><b>The Math Shows that Tesla Must be More Profitable Than Apple</b></p>\n<p>Here are the assumptions I use in my&nbsp;reverse discounted cash flow (DCF) model&nbsp;to calculate the implied production levels above.</p>\n<p>To justify its current price of ~$1,200/share, Tesla must:</p>\n<ul>\n <li>immediately achieve a 17.2% NOPAT margin (double Toyota’s margin, which is the highest of the large-scale automakers I cover), compared to Tesla’s TTM margin of 7.7%) and</li>\n <li>grow revenue by 38% compounded annually for the next decade.</li>\n</ul>\n<p>In this&nbsp;scenario, Tesla generates&nbsp;<b>$783 billion</b>&nbsp;in revenue in 2030, which is 102% of the combined revenues of Toyota, General Motors, Ford (F), Honda Motor Corp (HMC), and Stellantis (STLA) over the TTM.</p>\n<p>This scenario also implies Tesla generates $135 billion in net operating profit after-tax (NOPAT) in 2030, or 45% higher than Apple’s (AAPL) TTM NOPAT, which, at $93 billion, is the highest of all&nbsp;companies my firm covers.</p>\n<p><b>TSLA Has 60%+ Downside If Morgan Stanley Is Right About Sales</b></p>\n<p>If I assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $38k, the stock is worth just $483/share. Details:</p>\n<ul>\n <li>NOPAT margin improves to 17.2% and</li>\n <li>revenue grows 27% compounded annually over the next decade, then</li>\n</ul>\n<p>the stock is worth just $483/share today – 60% downside to the current price.&nbsp;See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $60 billion, or nearly 17x its TTM NOPAT, and just 3% below Alphabet’s (GOOGL) TTM NOPAT.</p>\n<p><b>TSLA Has 88%+ Downside Even with 28% Market Share and Realistic Margins</b></p>\n<p>If I estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $148/share. Here’s the math:</p>\n<ul>\n <li>NOPAT margin improves to 8.5% (equal to General Motors’ TTM margin, compared to Tesla’s TTM margin of 7.7%) and</li>\n <li>revenue grows by consensus estimates from 2021-2023 and</li>\n <li>revenue grows 18% a year from 2024-2030, then</li>\n</ul>\n<p>the stock is worth just $148/share today – an 88% downside to the current price.</p>\n<p>In this&nbsp;scenario, Tesla sells 7.2 million cars (at an ASP of 38k) and owns 28% of the global passenger EV market in 2030. If Tesla fails to meet these expectations, then the stock is worth less than $148/share.</p>\n<p>Also, for this scenario, I assume a much more realistic NOPAT margin, 8.5%, for Tesla. Given the expansion required of the business, struggles to be profitable to date, and formidable competition, I think Tesla will be lucky to achieve and sustain a margin as high as 8.5% from 2021-2030.</p>\n<p>Figure 4 compares the firm’s historical NOPAT to the NOPAT implied by its current stock price, the 8.1 million vehicle sales scenario, and the 7.2 million vehicle sales scenario to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, I show Toyota’s, General Motors’, and Apple’s TTM NOPAT.</p>\n<p><b>Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios</b></p>\n<p><img src=\"https://static.tigerbbs.com/25d334530f3477d58879490d628fa8ef\" tg-width=\"936\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p>\n<p>Each of the above scenarios assumes Tesla’s&nbsp;invested capital&nbsp;grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 53% compounded annually from 2010-2020 and 29% compounded annually from 2015-2020. Invested capital at the end of 3Q21 grew 21% YoY. Tesla’s property, plant, and equipment has grown even faster, at 58% compounded annually, since 2010.</p>\n<p>A 14% CAGR represents 1/4th&nbsp;the CAGR of Tesla’s property, plant, and equipment since 2010 and assumes the company can build future plants and produce cars 4x more efficiently than it has so far.</p>\n<p>In other words, I aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.</p>\n<p><b>Why Tesla’s $1 Trillion Valuation Is Ridiculous</b></p>\n<p>Now that I’ve shown how high the expectations baked into Tesla’s valuation are, I’ll present some of the many challenges Tesla faces to meet those expectations.</p>\n<p><b>Tesla Remains “Just” a Car Company, Despite Bulls’ Arguments Otherwise.</b>One of the most common arguments bulls make to justify Tesla’s valuation is that the company is more than just a car company. Instead, the argument goes: Tesla is a software, tech, insurance, energy, transportation, “insert any other blank” company. However, the financials bear out a different picture and show the other businesses are more hype than substance. At this point, Tesla is a only car company and generates the entirety of its profits from vehicles.</p>\n<p>Per Figure 5, Tesla generated 88% of revenue from Automotive Sales in 3Q21, which is up from 87% in 3Q20, and above the quarterly average of 86% since 3Q19. For reference, automotive sales made up 87% and 93% of General Motors’ and Ford’s 3Q21 revenue respectively.</p>\n<p><b>Figure 5:&nbsp;Tesla’s Revenue Breakdown: 3Q19 – 3Q21</b></p>\n<p><img src=\"https://static.tigerbbs.com/4b77f52dfd7a9cb05f19a91ac8811919\" tg-width=\"960\" tg-height=\"419\" referrerpolicy=\"no-referrer\">Tesla’s two other segments, Energy generation and storage and Services and other, which make up 12% of revenue in 3Q21, are unprofitable. Over the TTM, Tesla generated $10.8 billion in gross profit. $11.2 billion came from its Automotive segment while Energy generation and storage and Services and other racked up gross losses of $113 million and $263 million. Despite many claims and promises to the contrary over the years, Tesla doesn’t generate gross profit doing anything but selling cars.</p>\n<p><b>Insurance Business Is Not Material.</b>&nbsp;Tesla bulls will also point to Tesla’s insurance business as another way to drive profit growth. I’ve&nbsp;previously covered&nbsp;how Tesla insurance does not have the competitive advantages that bulls ascribe to it and has a long way to go before it can get meaningfully off the ground.</p>\n<p>Even if Tesla’s insurance business gets off the ground, I would not expect it to make much money. For example, from 2004-2006, General Motors generated about $70 per car sold in GAAP net income from its insurance business. If I assume Tesla can generate the same level of business, Tesla insurance would result in just $57 million in GAAP net income based on TTM vehicles sold.</p>\n<p>Bulls will counter that Tesla will be so much better at insurance than GM and that GM is not a good comp. There is no way to know for sure. Nevertheless, I concede that anything is possible, but the likelihood of Tesla’s insurance business being material profit producer is extremely low.</p>\n<p>Regardless of how successful Tesla insurance is, the potential profits from it are nowhere near enough to help to justify the expectations baked into Tesla’s stock price.</p>\n<p><b>Production Capacity Growth Will Require Billions of $.</b>Current and expected production capacities of all known Tesla factories equals ~2.7 million vehicles, or 12.9 million short of the 2030 production implied by its stock price. See Figure 6.</p>\n<p>In other words, despite the new factories coming online, Tesla must spend billions and build many new manufacturing plants before it can approach the capacity needed to sell the number of cars implied by its valuation.</p>\n<p>Given the&nbsp;many issues&nbsp;in ramping production in the past, investors should not assume Tesla can increase its production by 5x without any problems.</p>\n<p><b>Figure 6:&nbsp;Tesla’s Pending Production Shortfall</b></p>\n<p><img src=\"https://static.tigerbbs.com/7d0c946fecb2fd037adac367c7c5b7c2\" tg-width=\"960\" tg-height=\"285\" referrerpolicy=\"no-referrer\">*Projection based on&nbsp;InsideEVs estimate&nbsp;of 600,000 vehicles per year</p>\n<p>**Optimistic assumption based on Texas being Tesla’s biggest factory and&nbsp;possibly the largest factory&nbsp;in the United States</p>\n<p><b>Incumbents Must Fail for Tesla to Meet Growth Expectations.</b>For many years now, incumbent automakers have spent billions of dollars building out their EV offerings. Automakers other than Tesla already account for 85% of&nbsp;global EV sales&nbsp;through the first half of 2021.</p>\n<p>The global EV market is simply not big enough for Tesla to achieve the sales expectations in its valuation unless nearly all of the incumbents reverse course and completely fail to sell EVs.</p>\n<p>Here are the projections from the large incumbent automakers that have provided specific goals for future EV production.</p>\n<ul>\n <li>Volkswagen Group projects that&nbsp;50% of its global sales&nbsp;will be fully electric by 2030</li>\n <li>Stellantis projects&nbsp;70%&nbsp;and&nbsp;40%&nbsp;of its European and North American sales, respectively, will be fully electric by 2030</li>\n <li>Ford&nbsp;projects&nbsp;that 40% of its sales will be fully electric by 2030.</li>\n <li>Toyota&nbsp;projects&nbsp;that it will sell 2 million EVs by 2030</li>\n <li>Honda&nbsp;plans&nbsp;to sell only EVs in China by 2030</li>\n <li>BMW&nbsp;expects&nbsp;at least half its sales to be zero-emission vehicles by 2030</li>\n <li>Daimler, manufacturer of Mercedes Benz,&nbsp;expects&nbsp;half its sales to be “EV and hybrid by 2025”</li>\n <li>General Motors is&nbsp;targeting&nbsp;EV sales of “more than 1 million” by 2025</li>\n <li>Volvo&nbsp;plans&nbsp;to sell only fully electric vehicles by 2030</li>\n <li>Nissan&nbsp;projects&nbsp;40% of U.S. sales to be EVs by 2030</li>\n</ul>\n<p>Based on these projections, I estimate how many EVs each company aims to produce[1]&nbsp;by 2030 and the market share implied by that production as a percentage of&nbsp;base-case global passenger EV sales in 2030.</p>\n<ul>\n <li>Volkswagen Group: 5.5 million, 21% market share</li>\n <li>Stellantis: 3.6 million[2], 14% market share</li>\n <li>Ford: 2.2 million, 9% market share</li>\n <li>Toyota: 2 million, 8% market share</li>\n <li>Honda (in China): 1.5 million, 6% market share</li>\n <li>BMW: 1.3 million, 5% market share</li>\n <li>Mercedes Benz: 1.2+ million, 5% market share</li>\n <li>General Motors: 1+ million, 4% market share</li>\n <li>Volvo: 700,000, 3% market share</li>\n <li>Nissan (in U.S.): 500,000, 2% market share</li>\n <li><b>Total = 19+ million vehicles and 75% market share</b></li>\n</ul>\n<p>These estimates do not include other incumbents and new entrants (e.g. Jaguar Land Rover, NIO Inc. [NIO], Rivian [RIVN], Ludic [LCID] and more) or other Chinese EV makers because I could not find specific projections for EV production. Nevertheless, I am confident that their combined market share will be more than zero.</p>\n<p>The point is that the rest of the world is not planning to stand by, give up existing market share, and let Tesla own majority of the EV market. Many very experienced and successful automakers are spending many multiples of what Tesla is spending to compete in the EV market.</p>\n<p>The bottom line is that it is hard to make a straight-faced argument that Tesla can achieve the sales implied by its valuation in a competitive market.</p>\n<p><b>Incumbents Can Afford to Spend More than Tesla.</b>Incumbents already have infrastructure to produce and sell vehicles at scale, and they are spending billions of dollars to compete in the EV market. Ford, Volkswagen, General Motors, and Stellantis alone are planning to spend at least $280 billion through 2025 and produce over 12 million EVs by 2030.</p>\n<p>Given the huge investments from multiple competitors, I expect the EV market will be extremely competitive, as manufacturers fight for profits and market share. The “winner take all” outcome implied by Tesla’s valuation is extremely unlikely. Perhaps, Bernstein analyst Toni Sacconaghi&nbsp;said it best, “the automotive industry is an increasingly global and hypercompetitive industry and I believe that surplus profits and technology innovation will likely be competed away over time, as has been the case historically.\" In such a market, Tesla cannot achieve the market share implied by its valuation.</p>\n<p>Unlike Tesla, the incumbents generate plenty of free cash flow (FCF) to fund their EV investments and don’t have to dilute existing shareholders to expand EV capacity as Tesla does. For instance, over the last five years, General Motors, Stellantis, and Ford generated a cumulative $12.4 billion, $7.1, and $6.1 billion in free cash flow while Tesla burned -$19.5 billion.</p>\n<p><b>FSD Continues to Overpromise And Underdeliver.</b>Full-self driving (FSD) has been consistently plagued by issues that, unfortunately, have deadly consequences. Industry research provider Guidehouse Insights ranks Tesla last in its&nbsp;2021 ranking&nbsp;of Automated Driver Systems (ADS), and states flatly, “Tesla needs a thorough rethink of its approach to developing ADS. It has overpromised with its marketing for nearly 5 years and severely underdelivered.”</p>\n<p>Per Figure 7, Tesla lags the competition by quite a large margin, as it’s the only company that falls into the \"Followers\" category.</p>\n<p>The most recent problems with Tesla’s FSD version 10.3 forced the company to&nbsp;roll back the update&nbsp;as users reported false crash warnings and other problems with autosteer and cruise control. These issues resulted in Tesla recalling nearly 12,000 vehicles because “a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes,”&nbsp;according&nbsp;to the National Highway Traffic Safety Administration (NHTSA).</p>\n<p>While the roll out of an updated 10.3.1 has restarted, Tesla’s haphazard approach to deploying FSD remains unsettling and led Guidehouse Insights to&nbsp;note, “Tesla’s approach to testing its system is fundamentally at odds with virtually every other company in this industry.”</p>\n<p><b>Figure 7:&nbsp;Tesla Ranks Last Amongst Automated Driver Systems</b></p>\n<p><img src=\"https://static.tigerbbs.com/6ddd92d3ed67347fa0741599f91ce31d\" tg-width=\"919\" tg-height=\"739\" width=\"100%\" height=\"auto\"></p>\n<p>Alphabet’s Waymo&nbsp;routinely&nbsp;ranks as the best automated driving system. Importantly, many of the firms ranked ahead of Tesla are focused solely on building automated driving systems and are not distracted by scaling up automobile production, delivery logistics, and the general day-to-day operations of producing cars. Even so, other direct competitors such as GM Super Cruise also get&nbsp;better scores&nbsp;from&nbsp;third-party organizations.</p>\n<p><b>Increased Regulatory Risk.</b>While Tesla has mysteriously avoided regulatory crackdown on its sales of FSD and practice of beta testing software on live drivers and roads, renewed requests from the NHTSA/National Transportation Safety Board (NTSB) signal that Tesla might be held accountable for practices that many find highly misleading and dangerous to citizens.</p>\n<p>Missy Cummings, recently&nbsp;appointed&nbsp;as senior advisor for safety at the NHTSA, has expressed concerns about Tesla’s FSD in the past, tweeting as far back as 2019 that Tesla’s “autopilot easily cause mode confusion, is unreliable and unsafe” and that “NHTSA should require Tesla turn it off.”</p>\n<p>More recently, Tesla requested “confidential business information treatment” on its responses to a litany of information requests the NHTSA made as part of its investigation into FSD. If approved, the public would likely never see Tesla’s responses to key questions pertaining to Tesla not issuing a recall for Autopilot after multiple accidents involving parked emergency vehicles, the selection criteria for Tesla’s FSD beta testing program, and the non-disclosure agreements Tesla was making drivers sign before they could use the beta system.</p>\n<p>The NHTSA is not alone in criticizing Tesla and its FSD rollout. On October 26, 2021, the head of the U.S. NTSB, Jennifer Homendy, said that Tesla has not yet officially responded to the NTSB regarding its safety recommendations while calling the use of full self-driving ”misleading.” She stated, “my biggest concern is that Tesla is rolling out full self-driving technology in beta on city streets with untrained drivers and they have not addressed our recommendations that we’ve issued as a result of numerous investigations of Tesla crashes.”</p>\n<p><b>Battery Technologies Are Nothing Special.</b>Tesla announced it will be switching to a lithium iron phosphate (LFP) battery in all standard range cars. These batteries are already being used in vehicles built in the Shanghai factory, and this switch is expected to bring down costs. The timing of this change comes as other battery producers, in partnership with incumbent auto manufacturers, are ramping up production, which should drive down battery costs for all EV makers. In other words, the competitive advantages of a cheaper battery may be short-lived, as incumbents build economies of scale in their own supply chain in the coming years.</p>\n<p>Additionally, while the much heralded 4680 cylindrical battery, produced by Panasonic for Tesla, and&nbsp;nearly ready for production, should bring a higher energy density in a more efficient package, competitors’ offerings all aim to provide the same.</p>\n<p>General Motor’s Ultium platform will enable up to 400-450 miles of range, and the firm is building a new battery research facility aimed at building batteries capable of 600 miles on a single charge. General Motors recently announced a joint venture with LG Chem to build a second U.S. battery cell plant, which is&nbsp;expected&nbsp;to have an annual capacity of 35 gigawatt hours, or slightly above the 30 gigawatt hour capacity of its first Lordstown battery plant. Morgan Stanley analyst Adam Jonas&nbsp;noted&nbsp;that the “formation of Ultium/Ultium Cells LLC will prove to be a critical point of strategic differentiation that will ultimately drive value creation for [GM] shareholders.”</p>\n<p>Ford’s Mustang Mach-E became the&nbsp;first electric SUV&nbsp;not made by Tesla to reach an EPA-rated range of up to 300 miles, and the company recently entered a partnership with SK Innovation to build three U.S.-based battery plants to power 1 million EVs annually.</p>\n<p>On its own, LG Chem plans to expand its existing U.S. facilities and build two more plants that will produce both pouch cells used by General Motors, Ford, Jaguar, Audi, Porsche, and more, as well as the cylindrical cells used by Tesla.</p>\n<p>Ultimately, the race for the “perfect” battery is less important than the race to procure battery supplies to build the number of EVs each manufacturer aims to produce in the coming years. The incumbents have proven they can maintain and win a race to procure supplies, and they’ve only been doing it for multiple decades now.</p>\n<p><b>Not All Supply Issues Can Be Coded Away.</b>To its credit, Tesla managed the global chip shortage relatively well by re-writing software to allow the use of alternative chips. However, not all supply issues can be solved via software, as evidenced by the growing wait times for Tesla’s vehicles. As Electrek&nbsp;notes, Tesla recently updated its delivery timelines for new orders, and depending upon specs, some vehicles won’t be delivered until September 2022 if ordered today. New orders for the Model 3 Standard Range Plus, which is Tesla’s cheapest vehicle, are currently on pace to be delivered in May 2022, or seven months from now.</p>\n<p>While certainly not unique to Tesla, extended delivery/wait times give consumers ample time to comparison shop and possibly switch orders to a competitor’s EV that would be available sooner.</p>\n<p>Delivery delays aren’t exclusive to in-production vehicles, but Tesla’s future vehicles as well. The much-hyped Cybertruck has recently been delayed again, this time until at least 2023 (compared to an original late 2021 release), which ultimately gives competitors more time to establish a presence in the EV truck market. I recently outlined the many competitors in the EV truck market in my&nbsp;report on Rivian.</p>\n<p><b>Putting It All Together: Tesla Provides Poor Risk/Reward</b></p>\n<p>Given the challenges ahead for Tesla, coupled with a valuation that implies it will take 60%+ of the global EV market share, I think it is clear: Tesla’s stock offers poor risk/reward.</p>\n<p>Tesla has proven risky to short, but investors need not buy shares today at such an elevated price.</p>\n<p>If you’re buying Tesla at its current valuation, you’re not only betting that it will be the only winner of the electrification of the global automotive fleet, but that it will somehow be twice as profitable as Toyota and achieve at least 60% market share. With anything less than total market domination, TSLA presents large downside risk.</p>","source":"fors","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: $1 Trillion Of Speculation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: $1 Trillion Of Speculation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb><strong>Forbes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even ...</p>\n\n<a href=\"https://www.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb\">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.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163118124","content_text":"Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even happen.\nEven if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030.\nThis report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation.\nTesla’s Valuation vs. Competitors Makes No Sense\nTesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers combined.\nFigure 1: Tesla’s Market Cap Vs. Competitors\n\nThis valuation comes despite Tesla selling less than 1/50th of the vehicles than the combined total sold by the next 10 largest automakers over the trailing twelve months ended the first half of 2021. See Figure 2.\nI cannot conceive of a straight-faced argument for the disconnect between Tesla’s valuation and its vehicle sales compared to its competitors.\nFigure 2: Tesla’s Car Sales Vs. Competitors\n* Stellantis sales estimated as Fiat Chrysler and PSA Group’s 2H20 sales and Stellantis’ 1H21 sales. Stellantis was formed as a merger between the two in January 2021.\nIs the Hertz Deal Really Worth $100 Billion+ in Market Cap?\nEven if Hertz eventually agrees to buy 100,000 Tesla Model 3s, I do not think it is worth the $100 billion in market cap, or $1 million per vehicle, that we saw investors give Tesla’s market cap after the Hertz deal made headlines. Even Elon Musk questioned the surge in share price, noting that the price movement was “strange” given that Tesla is “very much a production ramp problem, not a demand problem.”\nThis $100 billion market cap jump makes even less sense in the context of Tesla’s sky-high valuation before the announcement. Clearly, the feasibility of Tesla meeting the sales expectations embedded in its market cap plays no role in its valuation. For those that do care about expectations investing, I did the math and Tesla needs to successfully deliver on 155 Hertz-sized deals to meet the sales implied by a $1.2 trillion market cap.\nWill the Hertz Deal Result in Any Profits – If It Goes Through?\nAfter Elon Musk tweeted on November 1, 2021 that “no contract has been signed yet”, the Hertz deal reminds me of another famous tweet: \"am considering taking Tesla private at $420. Funding secured.”\nEven if the deal does go through, the pricing terms are very unclear. Elon insists that no cars will be sold at a discount. Meanwhile, Hertz CEO Mark Fields has made it clear that he is playing the field and working on getting cars from all EV manufacturers on his lot.\nEither Tesla is selling cars at a (large or small) discount, the deal terms are wrong, or the deal does not get done. If the deal gets done, I do not expect it to be profitable. Rental car companies are accustomed to getting discounts for bulk orders, and I see no reason for Hertz to expect to pay list prices on a deal for so many cars.\nAt the end of the day, I’m not sure pricing matters because I don't think the Hertz deal gets done. This affair is more about headlines and fueling speculation than doing any real business.\nTesla’s Global Market Share Getting Smaller\nTesla’s first-mover is already eroding, and its market share continues to decline. In the first half of 2021, Tesla sold 14.6% of the EVs sold worldwide compared to 18.8% over the same period in 2020.\nRising volumes, and falling market share are to be expected in a nascent industry. The problem is that Tesla’s isn’t priced for declining market share. It is priced for massive market share gains, unheard of gains in nearly any industry across the globe, especially in an industry as large and competitive as passenger vehicles.\nReverse DCF Math: Valuation Implies Tesla Will Own 60%+ of the Global Passenger EV Market\nAt its current average selling price (ASP) of ~$51k, Tesla’s stock price of ~1,200/share implies the firm will sell 16 million vehicles in 2030 (versus ~800k TTM), or 60% of the projected base case global EV passenger vehicle market in 2030. For reference, Adam Jonas, a Morgan Stanley analyst with a price target of $1,600/share, projects Tesla will sell 8.1 million vehicles in 2030.\nI think it is unlikely that Tesla will sell such a high volume of vehicles at a $51k ASP, yet the implied vehicle sales based on lower ASPs look even more impractical.\nAs detailed in the next section, this analysis assumes Tesla achieves profit margins twice as high as Toyota (TM) and quadruples its current auto manufacturing efficiency. In other words, I aim to provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price.\nPer Figure 3, Tesla’s current valuation implies that, in 2030, it will sell the following number of vehicles based on these ASP benchmarks:\n\n16 million vehicles – current ASP of $51k\n21 million vehicles – ASP of $38k (average new car price in the U.S. in 2020)\n46 million vehicles – ASP of $17k (equal to General Motors over the TTM)\n\nIf Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 25.8 million in 2030, the base case projection from the IEA):\n\n60% for 16 million vehicles\n80% for 21 million vehicles\n179% for 46 million vehicles\n\nIf I assume the IEA’s best case for global passenger EV sales in 2030, 46.8 million vehicles, the above vehicle sales represent:\n\n33% for 16 million vehicles\n44% for 21 million vehicles\n98% for 46 million vehicles\n\nFigure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify Current Valuation\nThe Math Shows that Tesla Must be More Profitable Than Apple\nHere are the assumptions I use in my reverse discounted cash flow (DCF) model to calculate the implied production levels above.\nTo justify its current price of ~$1,200/share, Tesla must:\n\nimmediately achieve a 17.2% NOPAT margin (double Toyota’s margin, which is the highest of the large-scale automakers I cover), compared to Tesla’s TTM margin of 7.7%) and\ngrow revenue by 38% compounded annually for the next decade.\n\nIn this scenario, Tesla generates $783 billion in revenue in 2030, which is 102% of the combined revenues of Toyota, General Motors, Ford (F), Honda Motor Corp (HMC), and Stellantis (STLA) over the TTM.\nThis scenario also implies Tesla generates $135 billion in net operating profit after-tax (NOPAT) in 2030, or 45% higher than Apple’s (AAPL) TTM NOPAT, which, at $93 billion, is the highest of all companies my firm covers.\nTSLA Has 60%+ Downside If Morgan Stanley Is Right About Sales\nIf I assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $38k, the stock is worth just $483/share. Details:\n\nNOPAT margin improves to 17.2% and\nrevenue grows 27% compounded annually over the next decade, then\n\nthe stock is worth just $483/share today – 60% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $60 billion, or nearly 17x its TTM NOPAT, and just 3% below Alphabet’s (GOOGL) TTM NOPAT.\nTSLA Has 88%+ Downside Even with 28% Market Share and Realistic Margins\nIf I estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $148/share. Here’s the math:\n\nNOPAT margin improves to 8.5% (equal to General Motors’ TTM margin, compared to Tesla’s TTM margin of 7.7%) and\nrevenue grows by consensus estimates from 2021-2023 and\nrevenue grows 18% a year from 2024-2030, then\n\nthe stock is worth just $148/share today – an 88% downside to the current price.\nIn this scenario, Tesla sells 7.2 million cars (at an ASP of 38k) and owns 28% of the global passenger EV market in 2030. If Tesla fails to meet these expectations, then the stock is worth less than $148/share.\nAlso, for this scenario, I assume a much more realistic NOPAT margin, 8.5%, for Tesla. Given the expansion required of the business, struggles to be profitable to date, and formidable competition, I think Tesla will be lucky to achieve and sustain a margin as high as 8.5% from 2021-2030.\nFigure 4 compares the firm’s historical NOPAT to the NOPAT implied by its current stock price, the 8.1 million vehicle sales scenario, and the 7.2 million vehicle sales scenario to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, I show Toyota’s, General Motors’, and Apple’s TTM NOPAT.\nFigure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios\n\nEach of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 53% compounded annually from 2010-2020 and 29% compounded annually from 2015-2020. Invested capital at the end of 3Q21 grew 21% YoY. Tesla’s property, plant, and equipment has grown even faster, at 58% compounded annually, since 2010.\nA 14% CAGR represents 1/4th the CAGR of Tesla’s property, plant, and equipment since 2010 and assumes the company can build future plants and produce cars 4x more efficiently than it has so far.\nIn other words, I aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.\nWhy Tesla’s $1 Trillion Valuation Is Ridiculous\nNow that I’ve shown how high the expectations baked into Tesla’s valuation are, I’ll present some of the many challenges Tesla faces to meet those expectations.\nTesla Remains “Just” a Car Company, Despite Bulls’ Arguments Otherwise.One of the most common arguments bulls make to justify Tesla’s valuation is that the company is more than just a car company. Instead, the argument goes: Tesla is a software, tech, insurance, energy, transportation, “insert any other blank” company. However, the financials bear out a different picture and show the other businesses are more hype than substance. At this point, Tesla is a only car company and generates the entirety of its profits from vehicles.\nPer Figure 5, Tesla generated 88% of revenue from Automotive Sales in 3Q21, which is up from 87% in 3Q20, and above the quarterly average of 86% since 3Q19. For reference, automotive sales made up 87% and 93% of General Motors’ and Ford’s 3Q21 revenue respectively.\nFigure 5: Tesla’s Revenue Breakdown: 3Q19 – 3Q21\nTesla’s two other segments, Energy generation and storage and Services and other, which make up 12% of revenue in 3Q21, are unprofitable. Over the TTM, Tesla generated $10.8 billion in gross profit. $11.2 billion came from its Automotive segment while Energy generation and storage and Services and other racked up gross losses of $113 million and $263 million. Despite many claims and promises to the contrary over the years, Tesla doesn’t generate gross profit doing anything but selling cars.\nInsurance Business Is Not Material. Tesla bulls will also point to Tesla’s insurance business as another way to drive profit growth. I’ve previously covered how Tesla insurance does not have the competitive advantages that bulls ascribe to it and has a long way to go before it can get meaningfully off the ground.\nEven if Tesla’s insurance business gets off the ground, I would not expect it to make much money. For example, from 2004-2006, General Motors generated about $70 per car sold in GAAP net income from its insurance business. If I assume Tesla can generate the same level of business, Tesla insurance would result in just $57 million in GAAP net income based on TTM vehicles sold.\nBulls will counter that Tesla will be so much better at insurance than GM and that GM is not a good comp. There is no way to know for sure. Nevertheless, I concede that anything is possible, but the likelihood of Tesla’s insurance business being material profit producer is extremely low.\nRegardless of how successful Tesla insurance is, the potential profits from it are nowhere near enough to help to justify the expectations baked into Tesla’s stock price.\nProduction Capacity Growth Will Require Billions of $.Current and expected production capacities of all known Tesla factories equals ~2.7 million vehicles, or 12.9 million short of the 2030 production implied by its stock price. See Figure 6.\nIn other words, despite the new factories coming online, Tesla must spend billions and build many new manufacturing plants before it can approach the capacity needed to sell the number of cars implied by its valuation.\nGiven the many issues in ramping production in the past, investors should not assume Tesla can increase its production by 5x without any problems.\nFigure 6: Tesla’s Pending Production Shortfall\n*Projection based on InsideEVs estimate of 600,000 vehicles per year\n**Optimistic assumption based on Texas being Tesla’s biggest factory and possibly the largest factory in the United States\nIncumbents Must Fail for Tesla to Meet Growth Expectations.For many years now, incumbent automakers have spent billions of dollars building out their EV offerings. Automakers other than Tesla already account for 85% of global EV sales through the first half of 2021.\nThe global EV market is simply not big enough for Tesla to achieve the sales expectations in its valuation unless nearly all of the incumbents reverse course and completely fail to sell EVs.\nHere are the projections from the large incumbent automakers that have provided specific goals for future EV production.\n\nVolkswagen Group projects that 50% of its global sales will be fully electric by 2030\nStellantis projects 70% and 40% of its European and North American sales, respectively, will be fully electric by 2030\nFord projects that 40% of its sales will be fully electric by 2030.\nToyota projects that it will sell 2 million EVs by 2030\nHonda plans to sell only EVs in China by 2030\nBMW expects at least half its sales to be zero-emission vehicles by 2030\nDaimler, manufacturer of Mercedes Benz, expects half its sales to be “EV and hybrid by 2025”\nGeneral Motors is targeting EV sales of “more than 1 million” by 2025\nVolvo plans to sell only fully electric vehicles by 2030\nNissan projects 40% of U.S. sales to be EVs by 2030\n\nBased on these projections, I estimate how many EVs each company aims to produce[1] by 2030 and the market share implied by that production as a percentage of base-case global passenger EV sales in 2030.\n\nVolkswagen Group: 5.5 million, 21% market share\nStellantis: 3.6 million[2], 14% market share\nFord: 2.2 million, 9% market share\nToyota: 2 million, 8% market share\nHonda (in China): 1.5 million, 6% market share\nBMW: 1.3 million, 5% market share\nMercedes Benz: 1.2+ million, 5% market share\nGeneral Motors: 1+ million, 4% market share\nVolvo: 700,000, 3% market share\nNissan (in U.S.): 500,000, 2% market share\nTotal = 19+ million vehicles and 75% market share\n\nThese estimates do not include other incumbents and new entrants (e.g. Jaguar Land Rover, NIO Inc. [NIO], Rivian [RIVN], Ludic [LCID] and more) or other Chinese EV makers because I could not find specific projections for EV production. Nevertheless, I am confident that their combined market share will be more than zero.\nThe point is that the rest of the world is not planning to stand by, give up existing market share, and let Tesla own majority of the EV market. Many very experienced and successful automakers are spending many multiples of what Tesla is spending to compete in the EV market.\nThe bottom line is that it is hard to make a straight-faced argument that Tesla can achieve the sales implied by its valuation in a competitive market.\nIncumbents Can Afford to Spend More than Tesla.Incumbents already have infrastructure to produce and sell vehicles at scale, and they are spending billions of dollars to compete in the EV market. Ford, Volkswagen, General Motors, and Stellantis alone are planning to spend at least $280 billion through 2025 and produce over 12 million EVs by 2030.\nGiven the huge investments from multiple competitors, I expect the EV market will be extremely competitive, as manufacturers fight for profits and market share. The “winner take all” outcome implied by Tesla’s valuation is extremely unlikely. Perhaps, Bernstein analyst Toni Sacconaghi said it best, “the automotive industry is an increasingly global and hypercompetitive industry and I believe that surplus profits and technology innovation will likely be competed away over time, as has been the case historically.\" In such a market, Tesla cannot achieve the market share implied by its valuation.\nUnlike Tesla, the incumbents generate plenty of free cash flow (FCF) to fund their EV investments and don’t have to dilute existing shareholders to expand EV capacity as Tesla does. For instance, over the last five years, General Motors, Stellantis, and Ford generated a cumulative $12.4 billion, $7.1, and $6.1 billion in free cash flow while Tesla burned -$19.5 billion.\nFSD Continues to Overpromise And Underdeliver.Full-self driving (FSD) has been consistently plagued by issues that, unfortunately, have deadly consequences. Industry research provider Guidehouse Insights ranks Tesla last in its 2021 ranking of Automated Driver Systems (ADS), and states flatly, “Tesla needs a thorough rethink of its approach to developing ADS. It has overpromised with its marketing for nearly 5 years and severely underdelivered.”\nPer Figure 7, Tesla lags the competition by quite a large margin, as it’s the only company that falls into the \"Followers\" category.\nThe most recent problems with Tesla’s FSD version 10.3 forced the company to roll back the update as users reported false crash warnings and other problems with autosteer and cruise control. These issues resulted in Tesla recalling nearly 12,000 vehicles because “a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes,” according to the National Highway Traffic Safety Administration (NHTSA).\nWhile the roll out of an updated 10.3.1 has restarted, Tesla’s haphazard approach to deploying FSD remains unsettling and led Guidehouse Insights to note, “Tesla’s approach to testing its system is fundamentally at odds with virtually every other company in this industry.”\nFigure 7: Tesla Ranks Last Amongst Automated Driver Systems\n\nAlphabet’s Waymo routinely ranks as the best automated driving system. Importantly, many of the firms ranked ahead of Tesla are focused solely on building automated driving systems and are not distracted by scaling up automobile production, delivery logistics, and the general day-to-day operations of producing cars. Even so, other direct competitors such as GM Super Cruise also get better scores from third-party organizations.\nIncreased Regulatory Risk.While Tesla has mysteriously avoided regulatory crackdown on its sales of FSD and practice of beta testing software on live drivers and roads, renewed requests from the NHTSA/National Transportation Safety Board (NTSB) signal that Tesla might be held accountable for practices that many find highly misleading and dangerous to citizens.\nMissy Cummings, recently appointed as senior advisor for safety at the NHTSA, has expressed concerns about Tesla’s FSD in the past, tweeting as far back as 2019 that Tesla’s “autopilot easily cause mode confusion, is unreliable and unsafe” and that “NHTSA should require Tesla turn it off.”\nMore recently, Tesla requested “confidential business information treatment” on its responses to a litany of information requests the NHTSA made as part of its investigation into FSD. If approved, the public would likely never see Tesla’s responses to key questions pertaining to Tesla not issuing a recall for Autopilot after multiple accidents involving parked emergency vehicles, the selection criteria for Tesla’s FSD beta testing program, and the non-disclosure agreements Tesla was making drivers sign before they could use the beta system.\nThe NHTSA is not alone in criticizing Tesla and its FSD rollout. On October 26, 2021, the head of the U.S. NTSB, Jennifer Homendy, said that Tesla has not yet officially responded to the NTSB regarding its safety recommendations while calling the use of full self-driving ”misleading.” She stated, “my biggest concern is that Tesla is rolling out full self-driving technology in beta on city streets with untrained drivers and they have not addressed our recommendations that we’ve issued as a result of numerous investigations of Tesla crashes.”\nBattery Technologies Are Nothing Special.Tesla announced it will be switching to a lithium iron phosphate (LFP) battery in all standard range cars. These batteries are already being used in vehicles built in the Shanghai factory, and this switch is expected to bring down costs. The timing of this change comes as other battery producers, in partnership with incumbent auto manufacturers, are ramping up production, which should drive down battery costs for all EV makers. In other words, the competitive advantages of a cheaper battery may be short-lived, as incumbents build economies of scale in their own supply chain in the coming years.\nAdditionally, while the much heralded 4680 cylindrical battery, produced by Panasonic for Tesla, and nearly ready for production, should bring a higher energy density in a more efficient package, competitors’ offerings all aim to provide the same.\nGeneral Motor’s Ultium platform will enable up to 400-450 miles of range, and the firm is building a new battery research facility aimed at building batteries capable of 600 miles on a single charge. General Motors recently announced a joint venture with LG Chem to build a second U.S. battery cell plant, which is expected to have an annual capacity of 35 gigawatt hours, or slightly above the 30 gigawatt hour capacity of its first Lordstown battery plant. Morgan Stanley analyst Adam Jonas noted that the “formation of Ultium/Ultium Cells LLC will prove to be a critical point of strategic differentiation that will ultimately drive value creation for [GM] shareholders.”\nFord’s Mustang Mach-E became the first electric SUV not made by Tesla to reach an EPA-rated range of up to 300 miles, and the company recently entered a partnership with SK Innovation to build three U.S.-based battery plants to power 1 million EVs annually.\nOn its own, LG Chem plans to expand its existing U.S. facilities and build two more plants that will produce both pouch cells used by General Motors, Ford, Jaguar, Audi, Porsche, and more, as well as the cylindrical cells used by Tesla.\nUltimately, the race for the “perfect” battery is less important than the race to procure battery supplies to build the number of EVs each manufacturer aims to produce in the coming years. The incumbents have proven they can maintain and win a race to procure supplies, and they’ve only been doing it for multiple decades now.\nNot All Supply Issues Can Be Coded Away.To its credit, Tesla managed the global chip shortage relatively well by re-writing software to allow the use of alternative chips. However, not all supply issues can be solved via software, as evidenced by the growing wait times for Tesla’s vehicles. As Electrek notes, Tesla recently updated its delivery timelines for new orders, and depending upon specs, some vehicles won’t be delivered until September 2022 if ordered today. New orders for the Model 3 Standard Range Plus, which is Tesla’s cheapest vehicle, are currently on pace to be delivered in May 2022, or seven months from now.\nWhile certainly not unique to Tesla, extended delivery/wait times give consumers ample time to comparison shop and possibly switch orders to a competitor’s EV that would be available sooner.\nDelivery delays aren’t exclusive to in-production vehicles, but Tesla’s future vehicles as well. The much-hyped Cybertruck has recently been delayed again, this time until at least 2023 (compared to an original late 2021 release), which ultimately gives competitors more time to establish a presence in the EV truck market. I recently outlined the many competitors in the EV truck market in my report on Rivian.\nPutting It All Together: Tesla Provides Poor Risk/Reward\nGiven the challenges ahead for Tesla, coupled with a valuation that implies it will take 60%+ of the global EV market share, I think it is clear: Tesla’s stock offers poor risk/reward.\nTesla has proven risky to short, but investors need not buy shares today at such an elevated price.\nIf you’re buying Tesla at its current valuation, you’re not only betting that it will be the only winner of the electrification of the global automotive fleet, but that it will somehow be twice as profitable as Toyota and achieve at least 60% market share. With anything less than total market domination, TSLA presents large downside risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"authorIdStr":"3583106134648492","idStr":"3583106134648492"},"content":"there'll always be people trading and gambling when there's money to be made regardless the market. it isn't always rational. first rule don't invest in something with no understanding.","text":"there'll always be people trading and gambling when there's money to be made regardless the market. it isn't always rational. first rule don't invest in something with no understanding.","html":"there'll always be people trading and gambling when there's money to be made regardless the market. it isn't always rational. first rule don't invest in something with no understanding."}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879565161,"gmtCreate":1636743252379,"gmtModify":1636743252656,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"That’s great!","listText":"That’s great!","text":"That’s great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879565161","repostId":"1148576456","repostType":4,"repost":{"id":"1148576456","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":1636728443,"share":"https://www.laohu8.com/m/news/1148576456?lang=&edition=full","pubTime":"2021-11-12 22:47","market":"us","language":"en","title":"Altamira Therapeutics soared nearly 100% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1148576456","media":"Tiger Newspress","summary":"Altamira Therapeutics soared nearly 100% in morning trading.Altamira Therapeutics Ltd., a company de","content":"<p>Altamira&nbsp;Therapeutics&nbsp;soared&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/f18f319e1b206770d5639548e9a07877\" tg-width=\"881\" tg-height=\"628\" referrerpolicy=\"no-referrer\">Altamira Therapeutics Ltd., a company dedicated to addressing unmet medical needs through RNA therapeutics, allergy and viral infection protection, and inner ear therapeutics, announced today positive efficacy data from testing its Bentrio™ nasal spray in vitro against the Delta variant of the SARS-CoV-2 virus.</p>\n<p>Bentrio™ is a drug-free nasal spray for protection against airborne viruses and allergens, which has previously shown positive outcomes in a test against the Alpha variant of the virus.</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>Altamira Therapeutics soared nearly 100% in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAltamira Therapeutics soared nearly 100% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-12 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Altamira&nbsp;Therapeutics&nbsp;soared&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/f18f319e1b206770d5639548e9a07877\" tg-width=\"881\" tg-height=\"628\" referrerpolicy=\"no-referrer\">Altamira Therapeutics Ltd., a company dedicated to addressing unmet medical needs through RNA therapeutics, allergy and viral infection protection, and inner ear therapeutics, announced today positive efficacy data from testing its Bentrio™ nasal spray in vitro against the Delta variant of the SARS-CoV-2 virus.</p>\n<p>Bentrio™ is a drug-free nasal spray for protection against airborne viruses and allergens, which has previously shown positive outcomes in a test against the Alpha variant of the virus.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CYTO":"Altamira Therapeutics Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148576456","content_text":"Altamira Therapeutics soared nearly 100% in morning trading.Altamira Therapeutics Ltd., a company dedicated to addressing unmet medical needs through RNA therapeutics, allergy and viral infection protection, and inner ear therapeutics, announced today positive efficacy data from testing its Bentrio™ nasal spray in vitro against the Delta variant of the SARS-CoV-2 virus.\nBentrio™ is a drug-free nasal spray for protection against airborne viruses and allergens, which has previously shown positive outcomes in a test against the Alpha variant of the virus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870931224,"gmtCreate":1636570691005,"gmtModify":1636570691250,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Good notes. Buy the lows","listText":"Good notes. Buy the lows","text":"Good notes. Buy the lows","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870931224","repostId":"1198107375","repostType":2,"repost":{"id":"1198107375","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1636010650,"share":"https://www.laohu8.com/m/news/1198107375?lang=&edition=full","pubTime":"2021-11-04 15:24","market":"us","language":"en","title":"Cathie Wood Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1198107375","media":"Benzinga","summary":"Cathie Wood’s investment management firm Ark Invest on Wednesday significantly lowered its exposure ","content":"<p><b>Cathie Wood</b>’s investment management firm&nbsp;<b>Ark Invest</b>&nbsp;on Wednesday significantly lowered its&nbsp;exposure in&nbsp;<b>ZillowGroup Class C</b>&nbsp;as the stock sank after the company reported a&nbsp;third-quarter loss and said it would be winding down its home buying business.</p>\n<p>The popular money managing firm sold 3.9 million shares — estimated to be worth $256.9 million — in the online real estate marketplace company.</p>\n<p>Zillow Class C shares closed 25% lower at $65.47 a share on Wednesday. The stock is down about 50% so far this year.</p>\n<p>The company said it plans to wind down its home buying unit, Offers. Zillow said it would&nbsp;also cut 25% of its workforce.</p>\n<p>Just weeks after Zillow announced it would be pausing its iBuying of U.S. houses — Bloomberg reported this week that Zillow has actually sold 7,000 homes from its inventory.</p>\n<p>Ark Invest deployed three of its active ETFs to sell the shares in Zillow. These are the&nbsp;<b>Ark Innovation ETF</b>, the&nbsp;<b>Ark Next Generation Internet ETF</b>&nbsp;and the&nbsp;<b>Ark Fintech Innovation ETF</b>.</p>\n<p>The three ETFs held 10.59 million shares — estimated to be worth $924 million — in Zillow, ahead of Wednesday’s trade.&nbsp; Ark Invest had piled up shares in Zillow ahead of the company’s third quarter results on Wednesday.</p>\n<p>Here are a few other key Ark Invest trades from Wednesday:</p>\n<ul>\n <li>Bought 226,377 shares — estimated to be worth $64.7 million — in&nbsp;<b>Zoom Video Communications Inc</b>&nbsp;on Tuesday. Shares of the company closed 1.92% higher at $285.66 a share.</li>\n <li>Sold 17,787 shares — estimated to be worth $21.59 million — in&nbsp;<b>Tesla Inc</b>. Including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September. Shares closed 3.57% higher at $1,213.86 a share.</li>\n <li>Bought 722,344 shares — estimated to be worth $26.75 million — in&nbsp;<b>RobinhoodMarkets Inc</b>&nbsp;on the day shares closed 5.86% higher at $37.04 a share.</li>\n <li>Bought 193,482 shares — estimated to be worth $9 million — in&nbsp;<b>Draftkings Inc</b>. The stock closed 1.6% lower at $46.84 a share.</li>\n</ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCathie Wood Rushes To Lower Exposure In Zillow — Also Trims Tesla Stake And Buys These Stocks On Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-11-04 15:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>Cathie Wood</b>’s investment management firm&nbsp;<b>Ark Invest</b>&nbsp;on Wednesday significantly lowered its&nbsp;exposure in&nbsp;<b>ZillowGroup Class C</b>&nbsp;as the stock sank after the company reported a&nbsp;third-quarter loss and said it would be winding down its home buying business.</p>\n<p>The popular money managing firm sold 3.9 million shares — estimated to be worth $256.9 million — in the online real estate marketplace company.</p>\n<p>Zillow Class C shares closed 25% lower at $65.47 a share on Wednesday. The stock is down about 50% so far this year.</p>\n<p>The company said it plans to wind down its home buying unit, Offers. Zillow said it would&nbsp;also cut 25% of its workforce.</p>\n<p>Just weeks after Zillow announced it would be pausing its iBuying of U.S. houses — Bloomberg reported this week that Zillow has actually sold 7,000 homes from its inventory.</p>\n<p>Ark Invest deployed three of its active ETFs to sell the shares in Zillow. These are the&nbsp;<b>Ark Innovation ETF</b>, the&nbsp;<b>Ark Next Generation Internet ETF</b>&nbsp;and the&nbsp;<b>Ark Fintech Innovation ETF</b>.</p>\n<p>The three ETFs held 10.59 million shares — estimated to be worth $924 million — in Zillow, ahead of Wednesday’s trade.&nbsp; Ark Invest had piled up shares in Zillow ahead of the company’s third quarter results on Wednesday.</p>\n<p>Here are a few other key Ark Invest trades from Wednesday:</p>\n<ul>\n <li>Bought 226,377 shares — estimated to be worth $64.7 million — in&nbsp;<b>Zoom Video Communications Inc</b>&nbsp;on Tuesday. Shares of the company closed 1.92% higher at $285.66 a share.</li>\n <li>Sold 17,787 shares — estimated to be worth $21.59 million — in&nbsp;<b>Tesla Inc</b>. Including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September. Shares closed 3.57% higher at $1,213.86 a share.</li>\n <li>Bought 722,344 shares — estimated to be worth $26.75 million — in&nbsp;<b>RobinhoodMarkets Inc</b>&nbsp;on the day shares closed 5.86% higher at $37.04 a share.</li>\n <li>Bought 193,482 shares — estimated to be worth $9 million — in&nbsp;<b>Draftkings Inc</b>. The stock closed 1.6% lower at $46.84 a share.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ARKF":"ARK Fintech Innovation ETF","TSLA":"特斯拉","ARKG":"ARK Genomic Revolution ETF","HOOD":"Robinhood","Z":"Zillow","DKNG":"DraftKings Inc.","ARKK":"ARK Innovation ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198107375","content_text":"Cathie Wood’s investment management firm Ark Invest on Wednesday significantly lowered its exposure in ZillowGroup Class C as the stock sank after the company reported a third-quarter loss and said it would be winding down its home buying business.\nThe popular money managing firm sold 3.9 million shares — estimated to be worth $256.9 million — in the online real estate marketplace company.\nZillow Class C shares closed 25% lower at $65.47 a share on Wednesday. The stock is down about 50% so far this year.\nThe company said it plans to wind down its home buying unit, Offers. Zillow said it would also cut 25% of its workforce.\nJust weeks after Zillow announced it would be pausing its iBuying of U.S. houses — Bloomberg reported this week that Zillow has actually sold 7,000 homes from its inventory.\nArk Invest deployed three of its active ETFs to sell the shares in Zillow. These are the Ark Innovation ETF, the Ark Next Generation Internet ETF and the Ark Fintech Innovation ETF.\nThe three ETFs held 10.59 million shares — estimated to be worth $924 million — in Zillow, ahead of Wednesday’s trade.  Ark Invest had piled up shares in Zillow ahead of the company’s third quarter results on Wednesday.\nHere are a few other key Ark Invest trades from Wednesday:\n\nBought 226,377 shares — estimated to be worth $64.7 million — in Zoom Video Communications Inc on Tuesday. Shares of the company closed 1.92% higher at $285.66 a share.\nSold 17,787 shares — estimated to be worth $21.59 million — in Tesla Inc. Including the latest sale Ark Invest has sold about $1.44 billion worth of shares in Tesla since the start of September. Shares closed 3.57% higher at $1,213.86 a share.\nBought 722,344 shares — estimated to be worth $26.75 million — in RobinhoodMarkets Inc on the day shares closed 5.86% higher at $37.04 a share.\nBought 193,482 shares — estimated to be worth $9 million — in Draftkings Inc. The stock closed 1.6% lower at $46.84 a share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":847882429,"gmtCreate":1636506621858,"gmtModify":1636506624189,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Pump and dump.. they’re waiting for the stockprice to fall with their internal works&nbsp;then they’ll buy again.&nbsp;","listText":"Pump and dump.. they’re waiting for the stockprice to fall with their internal works&nbsp;then they’ll buy again.&nbsp;","text":"Pump and dump.. they’re waiting for the stockprice to fall with their internal works then they’ll buy again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/847882429","repostId":"2182083151","repostType":2,"repost":{"id":"2182083151","pubTimestamp":1636473898,"share":"https://www.laohu8.com/m/news/2182083151?lang=&edition=full","pubTime":"2021-11-10 00:04","market":"us","language":"en","title":"Elon Musk’s Brother Sold $109 Million in Tesla Stock Ahead of Poll","url":"https://stock-news.laohu8.com/highlight/detail?id=2182083151","media":"Bloomberg","summary":"(Bloomberg) -- Kimbal Musk sold Tesla Inc. shares a day before his brother, Chief Executive Officer ","content":"<p>(Bloomberg) -- Kimbal Musk sold Tesla Inc. shares a day before his brother, Chief Executive Officer Elon Musk, launched his now infamous <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> poll.</p>\n<p>Kimbal, a Tesla board member, sold 88,500 Tesla shares on Nov. 5, according to a filing on Monday after the market close. He sold the stake at an average price of $1,229.91 per share via JPMorgan, the filing says. That amounts to about $109 million. The shares sold represented about 15% of Kimbal’s equity stake, excluding options.</p>\n<p>Elon Musk proposed selling 10% of his Tesla stock on Twitter Saturday, saying he would “abide by the results of this poll, whichever way it goes.” His legion of followers decided the world’s richest person should sell a stake worth about $21 billion. Tesla shares slumped after the poll, closing down the most in five months.</p>\n<p>Tesla shares dropped for a second day on Tuesday, declining 6.3% to $1089.58 at 11:04 a.m. in New York.</p>\n<p>Kimbal, 49, attended culinary school and established himself as a sustainability-minded Brooklyn entrepreneur. He has assets valued at about $950 million, according to the Bloomberg Billionaires Index, though Tesla’s latest proxy shows he had 599,740 shares --equal to all of his equity at the time, pledged as collateral for personal loans.</p>\n<p>The cowboy-hat sporting chef-restaurateur is CEO of Kitchen Restaurant Group and co-founder of Square Roots Urban Growers Inc., an urban farm community that cultivates crops like arugula in spaces including old shipping containers. He’s been a member of the Tesla board since April 2004 and is also a director of his brother’s Space Exploration Technologies Corp., known as SpaceX.</p>\n<p>Tesla didn’t immediately respond to a request seeking comment.</p>\n<p><img src=\"https://static.tigerbbs.com/db5014fbc0c39bbf5296ac26b16cf411\" tg-width=\"896\" tg-height=\"636\" width=\"100%\" height=\"auto\"></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>Elon Musk’s Brother Sold $109 Million in Tesla Stock Ahead of Poll</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElon Musk’s Brother Sold $109 Million in Tesla Stock Ahead of Poll\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-10 00:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/elon-musk-brother-sold-109-160458311.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Kimbal Musk sold Tesla Inc. shares a day before his brother, Chief Executive Officer Elon Musk, launched his now infamous Twitter poll.\nKimbal, a Tesla board member, sold 88,500 Tesla ...</p>\n\n<a href=\"https://finance.yahoo.com/news/elon-musk-brother-sold-109-160458311.html\">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://finance.yahoo.com/news/elon-musk-brother-sold-109-160458311.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2182083151","content_text":"(Bloomberg) -- Kimbal Musk sold Tesla Inc. shares a day before his brother, Chief Executive Officer Elon Musk, launched his now infamous Twitter poll.\nKimbal, a Tesla board member, sold 88,500 Tesla shares on Nov. 5, according to a filing on Monday after the market close. He sold the stake at an average price of $1,229.91 per share via JPMorgan, the filing says. That amounts to about $109 million. The shares sold represented about 15% of Kimbal’s equity stake, excluding options.\nElon Musk proposed selling 10% of his Tesla stock on Twitter Saturday, saying he would “abide by the results of this poll, whichever way it goes.” His legion of followers decided the world’s richest person should sell a stake worth about $21 billion. Tesla shares slumped after the poll, closing down the most in five months.\nTesla shares dropped for a second day on Tuesday, declining 6.3% to $1089.58 at 11:04 a.m. in New York.\nKimbal, 49, attended culinary school and established himself as a sustainability-minded Brooklyn entrepreneur. He has assets valued at about $950 million, according to the Bloomberg Billionaires Index, though Tesla’s latest proxy shows he had 599,740 shares --equal to all of his equity at the time, pledged as collateral for personal loans.\nThe cowboy-hat sporting chef-restaurateur is CEO of Kitchen Restaurant Group and co-founder of Square Roots Urban Growers Inc., an urban farm community that cultivates crops like arugula in spaces including old shipping containers. He’s been a member of the Tesla board since April 2004 and is also a director of his brother’s Space Exploration Technologies Corp., known as SpaceX.\nTesla didn’t immediately respond to a request seeking comment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":387,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843658905,"gmtCreate":1635826532338,"gmtModify":1635826532586,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Waiting for the surge","listText":"Waiting for the surge","text":"Waiting for the surge","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/843658905","repostId":"1162227762","repostType":2,"repost":{"id":"1162227762","pubTimestamp":1635824651,"share":"https://www.laohu8.com/m/news/1162227762?lang=&edition=full","pubTime":"2021-11-02 11:44","market":"us","language":"en","title":"NIO Stock Reverses Hard — Can It Trade Like Tesla to New Highs?","url":"https://stock-news.laohu8.com/highlight/detail?id=1162227762","media":"seekingalpha","summary":"NIO had a remarkable surge in late 2020, but there was good reason for this advance.Now the stock will likely continue to consolidate for a bit longer.Nevertheless, NIO's stock should breakout higher again soon.NIO Inc.  is a leading Chinese EV manufacturer. While the company is still in the early stages of its development cycle, NIO has enormous growth potential and will likely become one of the leading Chinese EV manufacturers in the future. China has a massive car market with a remarkably fas","content":"<p>Summary</p>\n<ul>\n <li>NIO had a remarkable surge in late 2020, but there was good reason for this advance.</li>\n <li>Now the stock will likely continue to consolidate for a bit longer.</li>\n <li>Nevertheless, NIO's stock should breakout higher again soon.</li>\n <li>NIO's growth story is just warming up.</li>\n <li>This stock should go much higher in future years.</li>\n</ul>\n<p>NIO Inc. (NIO) is a leading Chinese EV manufacturer. While the company is still in the early stages of its development cycle, NIO has enormous growth potential and will likely become one of the leading Chinese EV manufacturers in the future. China has a massive car market with a remarkably fast-growing EV segment, and NIO will probably enjoy a top position in this lucrative segment. NIO is growing sales aggressively, should become continuously more profitable with time, and the company's share price will likely continue to appreciate in future years.</p>\n<p><b>NIO 18-month chart</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/abd09a45668a4b697566d1b3090a31dd\" tg-width=\"704\" tg-height=\"445\" width=\"100%\" height=\"auto\"><span>Source:stockcharts.com</span></p>\n<p>NIO had a remarkable run-up of over 2,000% in the second half of 2020. This massive surge occurred around the same time that Tesla and other EV-related stocks took off. This period was also around when I first got into this stock at roughly<b>$8 a share</b>. Since the substantial run-up, we've seen some volatility. However, the stock has mostly stayed in a consolidation pattern for nearly a year now. This phenomenon is quite constructive as NIO continues to ramp up production and increase sales. I suspect we can see more consolidation around here, but the stock should breakout and move substantially higher as NIO will likely continue to expand operations and grow sales considerably in future years.</p>\n<p>Why The 2,000% Surge?</p>\n<p>Some investors may be discouraged by a stock that had such a remarkable surge. Some market participants may even think NIO is a bubble, an extremely high valuation stock, just hype, overvalued, and so on. Before you make any decisions that may prevent you from making money in the future, please allow me to try to explain.</p>\n<p>First, NIO is relatively new to the market, and the company only began officially making deliveries in late 2018. In addition, 2019 was a year of limited sales as the company had just started manufacturing, and then the coronavirus epidemic hit. During this time, few market participants had an appetite for a little-known EV start-up out of China.</p>\n<p>However, as fear about the coronavirus began to die down, the EV market illustrated vital signs of recovery, and the EV wave lifted all tides, especially NIO's. The company's sales suffered greatly during the first half of 2020, and NIO was possibly even in danger of going out of business if sales continued to plummet. However, as the EV market stabilized and started to come out of its depressed state in mid-2020, NIO's sales began to surge, illustrating the company's remarkable growth and profitability potential.</p>\n<p><b>Global monthly plug-in vehicle sales and YoY growth</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e4c2b1ffc484d91a9ef89629c2864ab\" tg-width=\"640\" tg-height=\"208\" width=\"100%\" height=\"auto\"><span>Source:ev-volumes.com</span></p>\n<p>We can see that EV sales began to slip in the first half of 2020 but began to recover by mid-year and continue to surge throughout 2021. Incidentally, NIO and other EV-related stocks started to recover and rise into H2 2020 just as sales began to improve and move notably higher.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c46ac996b50e2c394c39ead2fc20157\" tg-width=\"640\" tg-height=\"537\" width=\"100%\" height=\"auto\"><span>Source:ev-volumes.com</span></p>\n<p>Now, if we look at regions, we can see why NIO has such enormous growth potential ahead. Just look at the growth in its home market China. EV sales are exploding on the company's home turf. We see a threefold increase from around 387,000 vehicles in H1 2020 to approximately 1.15 million cars in H1 2021. This sales data illustrates incredible growth, and in China, NIO has the advantage of being at home.</p>\n<p><b>NIO's Monthly Vehicle Sales</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/11ad8e1e115220cbda4b5bcf35eb63d4\" tg-width=\"1824\" tg-height=\"720\" width=\"100%\" height=\"auto\"><span>Source:carsalesbase.com</span></p>\n<p>NIO started to ramp up sales into H2 2019, yet sales declined notably in early 2020, just as the initial wave of the coronavirus hit markets and impacted growth expectations. However, just as the global economy stabilized, NIO's sales improved in mid-2020, and the company's stellar growth came back in H2 2020, continuing into this year. Now NIO is up to around10,000 vehicle salesper month, amongst the highest in pure 100% EV manufacturers in China.</p>\n<p>In China, NIO primarily competes directly with Tesla (TSLA), XPeng (XPEV), and BYD (OTCPK:BYDDY). While Tesla is still the clear leader in this space (with over 50,000 vehicle sales last month), NIO is catching up, and NIO is the closest thing you will get to Tesla-like quality and performance, in my view.</p>\n<p>NIO - A High-Quality True EV</p>\n<p>NIO, like Tesla, is a 100% EV producer thatoffers several models. The company provides two ES series SUVs and an EC series crossover. Also, the company will offer a flagship ET7 sedan scheduled to hit the market early next year. The company also plans to release a smaller ET5 sedan, designed to compete with Tesla's Model 3 vehicle. Now, NIOs aren't cheap, as the ET7 starts at around $70,000, and its other models are also premium class vehicles. Moreover, the company provides stellar performance, as the ET7 has a remarkable621-mile range, has 644 horsepower, and can hit 0-60 in under 4 seconds.</p>\n<p>XPeng is also a100% EV producerwith bright prospects ahead. However, the company only offers two models, XPengs are cheaper than NIO's cars, and XPeng seems to provide less capability and luxury. BYD sells many different types of alternative energy vehicles,including passenger vehicles. However, BYD's cars are geared more towards China's budget-friendly segment. Thus, the company's cars are cheaper and offer less luxury and performance-wise.</p>\n<p>Consequently, we have a picture emerging of the dominant EV players in China. Tesla remains at the top of the leaderboard as the company had a significant head start in the EV market. Tesla also has high-quality premium class models selling across various segments in China. However, with over400 million driversand remarkable EV growth, China's market should provide substantial growth opportunities for several major players. Amongst them, XPeng offers two attractive mid-level vehicles, BYD offers several lower-end models, while NIO brings authentic premium class EVs to the Chinese car market.</p>\n<p>Therefore, NIO is well-positioned to increase revenues and earnings for many years into the future from here. Additionally, once the Chinese market gets penetrated, NIO can follow its rivals XPeng and BYD and start spreading its operations to Europe and other regions.</p>\n<p>NIO - Extraordinary Growth Story</p>\n<p>NIO is not selling 10,000 vehicles per month due to demand issues. Instead, the company is still dealing with supply constraints for now. This phenomenon is relatively standard, as we've seen cases with Tesla's early Model 3 ramp-up and other instances. Nevertheless, the company expects to reach 150,000 single unit shifts and300,000 unit double shift capacityby year-end. NIO anticipates having another 300,000 annual unit capacity at its second plant, scheduled for completion in H2 2022. Therefore, we see around 600,000 production capacity by the end of 2022/early 2023. The company will likely produce four primary models by then, a full-size SUV (ES8), a crossover (EC6), a full-size sedan (ET7), and a mid-sized sedan (ET5). NIO's proposed lineup is essentially precisely the lineup that Tesla has now. Therefore, Tesla's closest and primary competitor could be NIO in future years.</p>\n<p>Now, NIO only produced about$2.5 billion in revenueslast year. However, this was the year NIO sold fewer than 40,000 vehicles. Given these sales dynamics, NIO had an average selling price (\"ASP\") of roughly $65,000 per vehicle. This year, the company is anticipated to bring in about $5.7 billion, and analysts expect NIO will deliver $9.5 billion in revenues in 2022. So, we're looking at about 128% in revenue growth YoY for 2021. This dynamic makes sense, as NIO should sell approximately 135% more vehicles this year.</p>\n<p>However, next year's consensus figures point to revenue growth of only around 67%. This estimate seems light, as NIO should have production capacity for about 300,000 vehicles in 2022, yet most analysts predict revenues enough to cover just 150,000 cars. Also, in 2023, NIO could have a production capacity of 600,000 vehicles from its two factories. Nevertheless, consensus estimates are only $13.7 billion in 2023, implying an output of only about 210,000 cars.</p>\n<p>These estimates seem highly conservative and likely lowball NIO's production capacity. Also, consensus estimates could be underestimating China's demand for high-quality premium EVs. I believe NIO can surpass consensus sales and revenues figures by quite a bit. In my view, NIO can probably achieve around 185,000 unit sales in 2022, which would put the company's revenues at about $12 billion next year (110% YoY gain). In 2023, NIO can probably achieve at least 300,000 in sales (as capacity could be near double by this time). For sales of 300,000 vehicles, we could see revenues of around&nbsp;<b>$19.5 billion</b>&nbsp;in 2023. NIO could get to about 450,000 car sales in 2024 and will likely hit its 600,000 unit target by 2025. Please keep in mind that my estimates are likely modest, as NIO could have the capacity to produce600,000 vehicles in 2023.</p>\n<p>In 2025, NIO could bring in close to&nbsp;<b>$40 billion</b>in revenues. After 2025, NIO could have a breakout revenue growth year. Other analyst&nbsp;sexpect this surge, so I am not alone here. If NIO continues to execute well I expect the stock can move up substantially in future years.</p>\n<p><b>Here's what NIO's valuation could look like in future years:</b></p>\n<table>\n <tbody>\n  <tr>\n   <td>Year</td>\n   <td>2022</td>\n   <td>2023</td>\n   <td>2024</td>\n   <td>2025</td>\n   <td>2026</td>\n   <td>2027</td>\n   <td>2028</td>\n   <td>2029</td>\n   <td>2030</td>\n  </tr>\n  <tr>\n   <td>Revenue growth</td>\n   <td>110%</td>\n   <td>63%</td>\n   <td>50%</td>\n   <td>35%</td>\n   <td>57%</td>\n   <td>35%</td>\n   <td>27%</td>\n   <td>25%</td>\n   <td>22%</td>\n  </tr>\n  <tr>\n   <td><p>EPS</p></td>\n   <td>-0.13</td>\n   <td>0.25</td>\n   <td>0.67</td>\n   <td>1.24</td>\n   <td>2.07</td>\n   <td>3.52</td>\n   <td>4.88</td>\n   <td>6.77</td>\n   <td>9</td>\n  </tr>\n  <tr>\n   <td>Forward P/E ratio</td>\n   <td>240</td>\n   <td>120</td>\n   <td>100</td>\n   <td>95</td>\n   <td>80</td>\n   <td>70</td>\n   <td>60</td>\n   <td>50</td>\n   <td>35</td>\n  </tr>\n  <tr>\n   <td>Price</td>\n   <td>$60</td>\n   <td>$80</td>\n   <td>$124</td>\n   <td>$197</td>\n   <td>$281</td>\n   <td>$342</td>\n   <td>$406</td>\n   <td>$450</td>\n   <td>$500</td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Author's material</i></p>\n<p>Risks to NIO</p>\n<p>Despite my bullish outlook, NIO is an elevated risk/high potential reward investment. Various factors could derail this stock from its sky-high trajectory. Increased competition, production delays, less than optimal execution, worse than anticipated demand, and a slew of other detrimental variables can damage the company's growth prospects and NIO's share price. Therefore, NIO should be approached with a healthy dose of skepticism and caution, in my view.</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>NIO Stock Reverses Hard — Can It Trade Like Tesla to New Highs?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNIO Stock Reverses Hard — Can It Trade Like Tesla to New Highs?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-02 11:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4463476-nio-shares-are-heading-much-higher><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO had a remarkable surge in late 2020, but there was good reason for this advance.\nNow the stock will likely continue to consolidate for a bit longer.\nNevertheless, NIO's stock should ...</p>\n\n<a href=\"https://seekingalpha.com/article/4463476-nio-shares-are-heading-much-higher\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4463476-nio-shares-are-heading-much-higher","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1162227762","content_text":"Summary\n\nNIO had a remarkable surge in late 2020, but there was good reason for this advance.\nNow the stock will likely continue to consolidate for a bit longer.\nNevertheless, NIO's stock should breakout higher again soon.\nNIO's growth story is just warming up.\nThis stock should go much higher in future years.\n\nNIO Inc. (NIO) is a leading Chinese EV manufacturer. While the company is still in the early stages of its development cycle, NIO has enormous growth potential and will likely become one of the leading Chinese EV manufacturers in the future. China has a massive car market with a remarkably fast-growing EV segment, and NIO will probably enjoy a top position in this lucrative segment. NIO is growing sales aggressively, should become continuously more profitable with time, and the company's share price will likely continue to appreciate in future years.\nNIO 18-month chart\nSource:stockcharts.com\nNIO had a remarkable run-up of over 2,000% in the second half of 2020. This massive surge occurred around the same time that Tesla and other EV-related stocks took off. This period was also around when I first got into this stock at roughly$8 a share. Since the substantial run-up, we've seen some volatility. However, the stock has mostly stayed in a consolidation pattern for nearly a year now. This phenomenon is quite constructive as NIO continues to ramp up production and increase sales. I suspect we can see more consolidation around here, but the stock should breakout and move substantially higher as NIO will likely continue to expand operations and grow sales considerably in future years.\nWhy The 2,000% Surge?\nSome investors may be discouraged by a stock that had such a remarkable surge. Some market participants may even think NIO is a bubble, an extremely high valuation stock, just hype, overvalued, and so on. Before you make any decisions that may prevent you from making money in the future, please allow me to try to explain.\nFirst, NIO is relatively new to the market, and the company only began officially making deliveries in late 2018. In addition, 2019 was a year of limited sales as the company had just started manufacturing, and then the coronavirus epidemic hit. During this time, few market participants had an appetite for a little-known EV start-up out of China.\nHowever, as fear about the coronavirus began to die down, the EV market illustrated vital signs of recovery, and the EV wave lifted all tides, especially NIO's. The company's sales suffered greatly during the first half of 2020, and NIO was possibly even in danger of going out of business if sales continued to plummet. However, as the EV market stabilized and started to come out of its depressed state in mid-2020, NIO's sales began to surge, illustrating the company's remarkable growth and profitability potential.\nGlobal monthly plug-in vehicle sales and YoY growth\nSource:ev-volumes.com\nWe can see that EV sales began to slip in the first half of 2020 but began to recover by mid-year and continue to surge throughout 2021. Incidentally, NIO and other EV-related stocks started to recover and rise into H2 2020 just as sales began to improve and move notably higher.\nSource:ev-volumes.com\nNow, if we look at regions, we can see why NIO has such enormous growth potential ahead. Just look at the growth in its home market China. EV sales are exploding on the company's home turf. We see a threefold increase from around 387,000 vehicles in H1 2020 to approximately 1.15 million cars in H1 2021. This sales data illustrates incredible growth, and in China, NIO has the advantage of being at home.\nNIO's Monthly Vehicle Sales\nSource:carsalesbase.com\nNIO started to ramp up sales into H2 2019, yet sales declined notably in early 2020, just as the initial wave of the coronavirus hit markets and impacted growth expectations. However, just as the global economy stabilized, NIO's sales improved in mid-2020, and the company's stellar growth came back in H2 2020, continuing into this year. Now NIO is up to around10,000 vehicle salesper month, amongst the highest in pure 100% EV manufacturers in China.\nIn China, NIO primarily competes directly with Tesla (TSLA), XPeng (XPEV), and BYD (OTCPK:BYDDY). While Tesla is still the clear leader in this space (with over 50,000 vehicle sales last month), NIO is catching up, and NIO is the closest thing you will get to Tesla-like quality and performance, in my view.\nNIO - A High-Quality True EV\nNIO, like Tesla, is a 100% EV producer thatoffers several models. The company provides two ES series SUVs and an EC series crossover. Also, the company will offer a flagship ET7 sedan scheduled to hit the market early next year. The company also plans to release a smaller ET5 sedan, designed to compete with Tesla's Model 3 vehicle. Now, NIOs aren't cheap, as the ET7 starts at around $70,000, and its other models are also premium class vehicles. Moreover, the company provides stellar performance, as the ET7 has a remarkable621-mile range, has 644 horsepower, and can hit 0-60 in under 4 seconds.\nXPeng is also a100% EV producerwith bright prospects ahead. However, the company only offers two models, XPengs are cheaper than NIO's cars, and XPeng seems to provide less capability and luxury. BYD sells many different types of alternative energy vehicles,including passenger vehicles. However, BYD's cars are geared more towards China's budget-friendly segment. Thus, the company's cars are cheaper and offer less luxury and performance-wise.\nConsequently, we have a picture emerging of the dominant EV players in China. Tesla remains at the top of the leaderboard as the company had a significant head start in the EV market. Tesla also has high-quality premium class models selling across various segments in China. However, with over400 million driversand remarkable EV growth, China's market should provide substantial growth opportunities for several major players. Amongst them, XPeng offers two attractive mid-level vehicles, BYD offers several lower-end models, while NIO brings authentic premium class EVs to the Chinese car market.\nTherefore, NIO is well-positioned to increase revenues and earnings for many years into the future from here. Additionally, once the Chinese market gets penetrated, NIO can follow its rivals XPeng and BYD and start spreading its operations to Europe and other regions.\nNIO - Extraordinary Growth Story\nNIO is not selling 10,000 vehicles per month due to demand issues. Instead, the company is still dealing with supply constraints for now. This phenomenon is relatively standard, as we've seen cases with Tesla's early Model 3 ramp-up and other instances. Nevertheless, the company expects to reach 150,000 single unit shifts and300,000 unit double shift capacityby year-end. NIO anticipates having another 300,000 annual unit capacity at its second plant, scheduled for completion in H2 2022. Therefore, we see around 600,000 production capacity by the end of 2022/early 2023. The company will likely produce four primary models by then, a full-size SUV (ES8), a crossover (EC6), a full-size sedan (ET7), and a mid-sized sedan (ET5). NIO's proposed lineup is essentially precisely the lineup that Tesla has now. Therefore, Tesla's closest and primary competitor could be NIO in future years.\nNow, NIO only produced about$2.5 billion in revenueslast year. However, this was the year NIO sold fewer than 40,000 vehicles. Given these sales dynamics, NIO had an average selling price (\"ASP\") of roughly $65,000 per vehicle. This year, the company is anticipated to bring in about $5.7 billion, and analysts expect NIO will deliver $9.5 billion in revenues in 2022. So, we're looking at about 128% in revenue growth YoY for 2021. This dynamic makes sense, as NIO should sell approximately 135% more vehicles this year.\nHowever, next year's consensus figures point to revenue growth of only around 67%. This estimate seems light, as NIO should have production capacity for about 300,000 vehicles in 2022, yet most analysts predict revenues enough to cover just 150,000 cars. Also, in 2023, NIO could have a production capacity of 600,000 vehicles from its two factories. Nevertheless, consensus estimates are only $13.7 billion in 2023, implying an output of only about 210,000 cars.\nThese estimates seem highly conservative and likely lowball NIO's production capacity. Also, consensus estimates could be underestimating China's demand for high-quality premium EVs. I believe NIO can surpass consensus sales and revenues figures by quite a bit. In my view, NIO can probably achieve around 185,000 unit sales in 2022, which would put the company's revenues at about $12 billion next year (110% YoY gain). In 2023, NIO can probably achieve at least 300,000 in sales (as capacity could be near double by this time). For sales of 300,000 vehicles, we could see revenues of around $19.5 billion in 2023. NIO could get to about 450,000 car sales in 2024 and will likely hit its 600,000 unit target by 2025. Please keep in mind that my estimates are likely modest, as NIO could have the capacity to produce600,000 vehicles in 2023.\nIn 2025, NIO could bring in close to $40 billionin revenues. After 2025, NIO could have a breakout revenue growth year. Other analyst sexpect this surge, so I am not alone here. If NIO continues to execute well I expect the stock can move up substantially in future years.\nHere's what NIO's valuation could look like in future years:\n\n\n\nYear\n2022\n2023\n2024\n2025\n2026\n2027\n2028\n2029\n2030\n\n\nRevenue growth\n110%\n63%\n50%\n35%\n57%\n35%\n27%\n25%\n22%\n\n\nEPS\n-0.13\n0.25\n0.67\n1.24\n2.07\n3.52\n4.88\n6.77\n9\n\n\nForward P/E ratio\n240\n120\n100\n95\n80\n70\n60\n50\n35\n\n\nPrice\n$60\n$80\n$124\n$197\n$281\n$342\n$406\n$450\n$500\n\n\n\nSource: Author's material\nRisks to NIO\nDespite my bullish outlook, NIO is an elevated risk/high potential reward investment. Various factors could derail this stock from its sky-high trajectory. Increased competition, production delays, less than optimal execution, worse than anticipated demand, and a slew of other detrimental variables can damage the company's growth prospects and NIO's share price. Therefore, NIO should be approached with a healthy dose of skepticism and caution, in my view.","news_type":1},"isVote":1,"tweetType":1,"viewCount":351,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854404828,"gmtCreate":1635471672726,"gmtModify":1635471674538,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Interesting shift&nbsp;","listText":"Interesting shift&nbsp;","text":"Interesting shift","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854404828","repostId":"2179293785","repostType":4,"repost":{"id":"2179293785","pubTimestamp":1635460242,"share":"https://www.laohu8.com/m/news/2179293785?lang=&edition=full","pubTime":"2021-10-29 06:30","market":"us","language":"en","title":"Facebook Changes Name to Meta in Embrace of Virtual Reality","url":"https://stock-news.laohu8.com/highlight/detail?id=2179293785","media":"Bloomberg","summary":"CEO Zuckerberg calls the metaverse the ‘next frontier’\nStock to begin trading under new ticker MVRS ","content":"<ul>\n <li>CEO Zuckerberg calls the metaverse the ‘next frontier’</li>\n <li>Stock to begin trading under new ticker MVRS on Dec. 1</li>\n</ul>\n<p>Facebook Inc.&nbsp;is re-christening itself Meta Platforms Inc., decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality.</p>\n<p>“The metaverse is the next frontier,” Chief Executive Officer Mark Zuckerberg said in a presentation at Facebook’s Connect conference, held virtually on Thursday. “From now on, we’re going to be metaverse-first, not Facebook-first.”</p>\n<p>The name change is the most definitive signal so far of the company’s intention to stake its future on a new computing platform -- the metaverse, an idea born in the imaginations of sci-fi novelists. In Meta’s vision, people will congregate and communicate by entering virtual environments, whether they’re talking with colleagues in a boardroom or hanging out with friends in far-flung corners of the world.</p>\n<p>The new name won’t affect how the company uses or shares data, and the corporate structure isn’t changing. Apps including the flagship social network, Instagram, Messenger and WhatsApp will also keep their monikers. The company&nbsp;said&nbsp;its stock will start trading under a new ticker, MVRS, on Dec. 1.</p>\n<p>The erstwhile Facebook is hoping to parlay its social-media user base, comprising more than 3 billion people globally, into an audience that will embrace immersive digital experiences through devices powered by augmented and virtual reality software, a business already being aggressively pursued by Meta and its rivals.</p>\n<p>“Right now, our brand is so tightly linked with one product that can’t possibly represent everything we’re doing today,” Zuckerberg said, “let alone in the future.”</p>\n<p>Adoption of virtual reality gadgets -- like Meta’s Oculus headset -- has so far been minimal and their use mostly relegated to games and other niche applications. While achieving the broader vision of the metaverse is still years away, at Thursday’s event Meta announced a handful of product updates meant to advance that goal.</p>\n<p>Shares of Menlo Park, California-based Meta rose 1.5% to $316.92 at the close of New York trading. The stock has risen more than eightfold since the company’s 2012 initial public offering.</p>\n<p>The name change follows Meta’s disclosure on Monday that it will start breaking out financial results for the division known as Reality Labs, which includes the Oculus hardware division, next quarter. Meta wants to separate its main digital advertising business from its new investments in AR and VR to let investors see the costs and revenue associated with those efforts. The company also said it will see a $10 billion reduction in operating profit this year because of investments in Reality Labs.</p>\n<p>Meta isn’t the first tech giant to rebrand. Internet search leader Google changed its company name to Alphabet Inc. in October 2015, seeking to provide a stronger, more accountable corporate structure to oversee its disparate businesses, co-founder Larry Page said at the time. Alphabet became the holding company for Google’s internet businesses, self-driving car developer Waymo, life-sciences subsidiary Verily and others, including a variety of experimental endeavors. Facebook’s name change doesn’t include such a significant structural overhaul.</p>\n<p>Meta may have other reasons to make changes to its corporate identity. Leaning harder into the metaverse lets the company appear to be diversifying its business at a time when it’s facing new pressures in the social media market. Younger rivals such as ByteDance Ltd.’s TikTok are gaining traction among the under-25 age cohort, and Zuckerberg said on Monday he is retooling Meta to focus on attracting young adults again.</p>\n<p>Building out the metaverse will also allow Meta to reduce its dependency on mobile operating-system and browser makers such as Google and Apple Inc. to deliver services to consumers. Meta’s third-quarter sales and the fourth-quarter forecast missed analysts’ estimates in part because of Apple’s new rules around the data apps like Facebook and Instagram can collect from iPhone users. The company seems increasingly aware that it doesn’t own the foundations of the digital real estate most users occupy.</p>\n<p>“At some point, over the next decade, there is going to be a new computing platform,” said Mark Shmulik, an analyst at Sanford C. Bernstein. “So their view is like when it does change over, we want to be --- for lack of a better word -- the Apple or the Google.”</p>\n<p>Still, Meta is a money-making machine, and has grown to be the sixth most-valuable company in the world by market capitalization.Revenue&nbsp;is expected to top $117 billion this year, up from $5 billion in 2012, the year Facebook went public. Net income is projected to approach $40 billion in 2021. The social network has about 24% of the estimated $200 billion digital advertising market, according to analyst EMarketer Inc., dominating the industry alongside Google, which leads with about 29%.</p>\n<p>Meta may also be hoping the name change will divert public conversation from a wave of negative news reports based on the documents collected by former product manager-turned whistle-blower Frances Haugen. The documents, dubbed the Facebook Papers, were disclosed to the U.S. Securities and Exchange Commission and provided to Congress in redacted form by Haugen’s legal counsel. The company is battling accusations that it has misled investors and the public about its user growth, efforts to fight hate speech and disinformation, and how the platform was used to organize the Jan. 6 attack on the U.S. Capitol.</p>\n<p>Zuckerberg pledged that the metaverse will have privacy standards, parental controls and disclosures about data use that his social network has famously lacked.</p>\n<p>“Everyone who’s building for the Metaverse should be focused on building responsibly from the beginning,” Zuckerberg said during a video presentation on Thursday. “This is one of the lessons I’ve internalized from the last five years -- that you really want to emphasize these principles from the start.”</p>\n<p>Andrew Bosworth, the longtime executive who has been overseeing Meta’s AR and VR products since 2017, has been tapped to take over as chief technology officer in early 2022, a role that includes overseeing the company’s development of the metaverse.</p>\n<p>Realizing the company’s vision of a widely used metaverse will be an uphill fight. For starters, Meta will have significant competition when Apple releases a rival VR device. Facebook was years behind rival Snapchat with its debut last month of Ray-Ban Stories, smart glasses that can record audio and video but don’t yet have AR capability. Zuckerberg has said that multiple companies should build and contribute to the metaverse with interoperability in mind.</p>\n<p>Meta is also likely to face questions from regulators about how it will protect privacy and manage the potential for hateful or harassing content the new digital worlds of the metaverse. Finally, building out the metaverse is going to require a lot of money up front, with no guarantee the idea will take off.</p>\n<p>“It’s a significant amount of capital to invest in frankly a nebulous idea at this point,” Shmulik said. “You have to believe you’re going to get the use-case correct that’s going to drive consumer adoption.”</p>\n<p>The social network in the past has sought to put the Facebook imprint front and center on more of its products. In late 2019, it&nbsp;tried&nbsp;to make clearer that many of the most popular social apps, like Instagram and WhatsApp, are Meta-owned products, while simultaneously creating a distinction between the corporation and the main Facebook social media app.</p>\n<p>Apparel brands have made their own attempts to create new corporate identities. In 2017, leather-goods maker Coach Inc., which also owns the Stuart Weitzman and Kate Spade product lines, changed its name to Tapestry Inc. The following year, Michael Kors Holdings Ltd. rechristened itself&nbsp;Capri Holdings Ltd.&nbsp;after agreeing to buy the Versace brand.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Changes Name to Meta in Embrace of Virtual Reality</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Changes Name to Meta in Embrace of Virtual Reality\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-29 06:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-10-28/facebook-changes-name-to-meta-in-embrace-of-virtual-reality?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>CEO Zuckerberg calls the metaverse the ‘next frontier’\nStock to begin trading under new ticker MVRS on Dec. 1\n\nFacebook Inc. is re-christening itself Meta Platforms Inc., decoupling its corporate ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-28/facebook-changes-name-to-meta-in-embrace-of-virtual-reality?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-10-28/facebook-changes-name-to-meta-in-embrace-of-virtual-reality?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2179293785","content_text":"CEO Zuckerberg calls the metaverse the ‘next frontier’\nStock to begin trading under new ticker MVRS on Dec. 1\n\nFacebook Inc. is re-christening itself Meta Platforms Inc., decoupling its corporate identity from the eponymous social network mired in toxic content, and highlighting a shift to an emerging computing platform focused on virtual reality.\n“The metaverse is the next frontier,” Chief Executive Officer Mark Zuckerberg said in a presentation at Facebook’s Connect conference, held virtually on Thursday. “From now on, we’re going to be metaverse-first, not Facebook-first.”\nThe name change is the most definitive signal so far of the company’s intention to stake its future on a new computing platform -- the metaverse, an idea born in the imaginations of sci-fi novelists. In Meta’s vision, people will congregate and communicate by entering virtual environments, whether they’re talking with colleagues in a boardroom or hanging out with friends in far-flung corners of the world.\nThe new name won’t affect how the company uses or shares data, and the corporate structure isn’t changing. Apps including the flagship social network, Instagram, Messenger and WhatsApp will also keep their monikers. The company said its stock will start trading under a new ticker, MVRS, on Dec. 1.\nThe erstwhile Facebook is hoping to parlay its social-media user base, comprising more than 3 billion people globally, into an audience that will embrace immersive digital experiences through devices powered by augmented and virtual reality software, a business already being aggressively pursued by Meta and its rivals.\n“Right now, our brand is so tightly linked with one product that can’t possibly represent everything we’re doing today,” Zuckerberg said, “let alone in the future.”\nAdoption of virtual reality gadgets -- like Meta’s Oculus headset -- has so far been minimal and their use mostly relegated to games and other niche applications. While achieving the broader vision of the metaverse is still years away, at Thursday’s event Meta announced a handful of product updates meant to advance that goal.\nShares of Menlo Park, California-based Meta rose 1.5% to $316.92 at the close of New York trading. The stock has risen more than eightfold since the company’s 2012 initial public offering.\nThe name change follows Meta’s disclosure on Monday that it will start breaking out financial results for the division known as Reality Labs, which includes the Oculus hardware division, next quarter. Meta wants to separate its main digital advertising business from its new investments in AR and VR to let investors see the costs and revenue associated with those efforts. The company also said it will see a $10 billion reduction in operating profit this year because of investments in Reality Labs.\nMeta isn’t the first tech giant to rebrand. Internet search leader Google changed its company name to Alphabet Inc. in October 2015, seeking to provide a stronger, more accountable corporate structure to oversee its disparate businesses, co-founder Larry Page said at the time. Alphabet became the holding company for Google’s internet businesses, self-driving car developer Waymo, life-sciences subsidiary Verily and others, including a variety of experimental endeavors. Facebook’s name change doesn’t include such a significant structural overhaul.\nMeta may have other reasons to make changes to its corporate identity. Leaning harder into the metaverse lets the company appear to be diversifying its business at a time when it’s facing new pressures in the social media market. Younger rivals such as ByteDance Ltd.’s TikTok are gaining traction among the under-25 age cohort, and Zuckerberg said on Monday he is retooling Meta to focus on attracting young adults again.\nBuilding out the metaverse will also allow Meta to reduce its dependency on mobile operating-system and browser makers such as Google and Apple Inc. to deliver services to consumers. Meta’s third-quarter sales and the fourth-quarter forecast missed analysts’ estimates in part because of Apple’s new rules around the data apps like Facebook and Instagram can collect from iPhone users. The company seems increasingly aware that it doesn’t own the foundations of the digital real estate most users occupy.\n“At some point, over the next decade, there is going to be a new computing platform,” said Mark Shmulik, an analyst at Sanford C. Bernstein. “So their view is like when it does change over, we want to be --- for lack of a better word -- the Apple or the Google.”\nStill, Meta is a money-making machine, and has grown to be the sixth most-valuable company in the world by market capitalization.Revenue is expected to top $117 billion this year, up from $5 billion in 2012, the year Facebook went public. Net income is projected to approach $40 billion in 2021. The social network has about 24% of the estimated $200 billion digital advertising market, according to analyst EMarketer Inc., dominating the industry alongside Google, which leads with about 29%.\nMeta may also be hoping the name change will divert public conversation from a wave of negative news reports based on the documents collected by former product manager-turned whistle-blower Frances Haugen. The documents, dubbed the Facebook Papers, were disclosed to the U.S. Securities and Exchange Commission and provided to Congress in redacted form by Haugen’s legal counsel. The company is battling accusations that it has misled investors and the public about its user growth, efforts to fight hate speech and disinformation, and how the platform was used to organize the Jan. 6 attack on the U.S. Capitol.\nZuckerberg pledged that the metaverse will have privacy standards, parental controls and disclosures about data use that his social network has famously lacked.\n“Everyone who’s building for the Metaverse should be focused on building responsibly from the beginning,” Zuckerberg said during a video presentation on Thursday. “This is one of the lessons I’ve internalized from the last five years -- that you really want to emphasize these principles from the start.”\nAndrew Bosworth, the longtime executive who has been overseeing Meta’s AR and VR products since 2017, has been tapped to take over as chief technology officer in early 2022, a role that includes overseeing the company’s development of the metaverse.\nRealizing the company’s vision of a widely used metaverse will be an uphill fight. For starters, Meta will have significant competition when Apple releases a rival VR device. Facebook was years behind rival Snapchat with its debut last month of Ray-Ban Stories, smart glasses that can record audio and video but don’t yet have AR capability. Zuckerberg has said that multiple companies should build and contribute to the metaverse with interoperability in mind.\nMeta is also likely to face questions from regulators about how it will protect privacy and manage the potential for hateful or harassing content the new digital worlds of the metaverse. Finally, building out the metaverse is going to require a lot of money up front, with no guarantee the idea will take off.\n“It’s a significant amount of capital to invest in frankly a nebulous idea at this point,” Shmulik said. “You have to believe you’re going to get the use-case correct that’s going to drive consumer adoption.”\nThe social network in the past has sought to put the Facebook imprint front and center on more of its products. In late 2019, it tried to make clearer that many of the most popular social apps, like Instagram and WhatsApp, are Meta-owned products, while simultaneously creating a distinction between the corporation and the main Facebook social media app.\nApparel brands have made their own attempts to create new corporate identities. In 2017, leather-goods maker Coach Inc., which also owns the Stuart Weitzman and Kate Spade product lines, changed its name to Tapestry Inc. The following year, Michael Kors Holdings Ltd. rechristened itself Capri Holdings Ltd. after agreeing to buy the Versace brand.","news_type":1},"isVote":1,"tweetType":1,"viewCount":269,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854405919,"gmtCreate":1635471618800,"gmtModify":1635471619506,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"Good summary&nbsp;","listText":"Good summary&nbsp;","text":"Good summary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854405919","repostId":"2179291938","repostType":4,"repost":{"id":"2179291938","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":1635462137,"share":"https://www.laohu8.com/m/news/2179291938?lang=&edition=full","pubTime":"2021-10-29 07:02","market":"us","language":"en","title":"S&P, Nasdaq hit record closing highs on earnings bullishness","url":"https://stock-news.laohu8.com/highlight/detail?id=2179291938","media":"Reuters","summary":"* Amazon.com, Apple fall in late trade after quarterly reports\n* Caterpillar, Merck rise after posti","content":"<p>* Amazon.com, Apple fall in late trade after quarterly reports</p>\n<p>* Caterpillar, Merck rise after posting higher profits</p>\n<p>* U.S. economic growth slowed sharply in Q3</p>\n<p>* EBay slips on weak fourth-quarter forecast</p>\n<p>* Dow up 0.68%, S&amp;P 500 up 0.98%, Nasdaq up 1.39%</p>\n<p>NEW YORK, Oct 28 (Reuters) - Wall Street closed higher on Thursday, with the S&amp;P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.</p>\n<p>After the bell, however, shares of both Amazon.com Inc and Apple Inc moved sharply lower following the release of quarterly results.</p>\n<p>Amazon was down 4% in extended trading after forecasting holiday-quarter sales below Wall Street expectations. Apple fell more than 3% in late trading after it said supply-chain woes cost it $6 billion in sales in the last quarter and that the impact will be even worse in the holiday-sales quarter.</p>\n<p>During the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq and the S&amp;P.</p>\n<p>The S&amp;P was also boosted by Caterpillar Inc, which closed up 4% after reporting a better-than-expected quarterly profit on rising commodity prices and a bullish forecast from drugmaker Merck &amp; Co Inc, which added 6%.</p>\n<p>Investors also eyed Washington, where President Joe Biden said he had secured a new $1.75 trillion framework for economic and climate change spending.</p>\n<p>\"Earnings continue to be very good,\" said Bill Stone, chief investment officer at the Glenview Trust Co in Louisville, Kentucky, who also noted that Biden's framework, if it succeeds, would not boost corporate taxes as investors had previously feared.</p>\n<p>\"Underneath the surface, that's a positive for corporate earnings\" going forward, said Stone.</p>\n<p>The Dow Jones Industrial Average closed up 239.79 points, or 0.68%, at 35,730.48, the S&amp;P 500 gained 44.74 points, or 0.98%, to 4,596.42 and the Nasdaq Composite added 212.28 points, or 1.39%, to 15,448.12.</p>\n<p>All 11 major S&amp;P sectors closed higher, with Real Estate , consumer discretionary, and industrials leading the gains.</p>\n<p>Solid earnings also helped offset a report from the Commerce Department which showed the U.S. economy grew at a 2% annualized rate in the third quarter as COVID-19 infections flared up, short of the 2.7% estimate, while another set of data showed fewer Americans filed new claims for unemployment benefits last week as the labor market slowly improves.</p>\n<p>\"Clearly we are seeing a large batch of macroeconomic data that has been coming through during the middle of third-quarter earnings reporting season and you are seeing a little bit of a tug-of-war that exists between macroeconomic data that is appearing to be somewhat softer at the margin and corporate performance which is proving to be better than expectations,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p>\n<p>Earnings reports have helped advance in the benchmark S&amp;P index in 10 of the previous 12 sessions, with analysts now expecting profits for S&amp;P 500 companies to grow 38.6% year-on-year in the third quarter.</p>\n<p>Of the 244 S&amp;P 500 companies that had reported by Thursday morning, 82% had beaten estimates.</p>\n<p>However EBay Inc shares finished down 6.8% after the e-commerce firm forecast downbeat holiday-quarter revenue.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 2.46-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 34 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 104 new highs and 96 new lows.</p>\n<p>On U.S. exchanges 11.05 billion shares changed hands compared with the 10.34 billion moving average for the last 20 sessions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P, Nasdaq hit record closing highs on earnings bullishness</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P, Nasdaq hit record closing highs on earnings bullishness\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-29 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Amazon.com, Apple fall in late trade after quarterly reports</p>\n<p>* Caterpillar, Merck rise after posting higher profits</p>\n<p>* U.S. economic growth slowed sharply in Q3</p>\n<p>* EBay slips on weak fourth-quarter forecast</p>\n<p>* Dow up 0.68%, S&amp;P 500 up 0.98%, Nasdaq up 1.39%</p>\n<p>NEW YORK, Oct 28 (Reuters) - Wall Street closed higher on Thursday, with the S&amp;P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.</p>\n<p>After the bell, however, shares of both Amazon.com Inc and Apple Inc moved sharply lower following the release of quarterly results.</p>\n<p>Amazon was down 4% in extended trading after forecasting holiday-quarter sales below Wall Street expectations. Apple fell more than 3% in late trading after it said supply-chain woes cost it $6 billion in sales in the last quarter and that the impact will be even worse in the holiday-sales quarter.</p>\n<p>During the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq and the S&amp;P.</p>\n<p>The S&amp;P was also boosted by Caterpillar Inc, which closed up 4% after reporting a better-than-expected quarterly profit on rising commodity prices and a bullish forecast from drugmaker Merck &amp; Co Inc, which added 6%.</p>\n<p>Investors also eyed Washington, where President Joe Biden said he had secured a new $1.75 trillion framework for economic and climate change spending.</p>\n<p>\"Earnings continue to be very good,\" said Bill Stone, chief investment officer at the Glenview Trust Co in Louisville, Kentucky, who also noted that Biden's framework, if it succeeds, would not boost corporate taxes as investors had previously feared.</p>\n<p>\"Underneath the surface, that's a positive for corporate earnings\" going forward, said Stone.</p>\n<p>The Dow Jones Industrial Average closed up 239.79 points, or 0.68%, at 35,730.48, the S&amp;P 500 gained 44.74 points, or 0.98%, to 4,596.42 and the Nasdaq Composite added 212.28 points, or 1.39%, to 15,448.12.</p>\n<p>All 11 major S&amp;P sectors closed higher, with Real Estate , consumer discretionary, and industrials leading the gains.</p>\n<p>Solid earnings also helped offset a report from the Commerce Department which showed the U.S. economy grew at a 2% annualized rate in the third quarter as COVID-19 infections flared up, short of the 2.7% estimate, while another set of data showed fewer Americans filed new claims for unemployment benefits last week as the labor market slowly improves.</p>\n<p>\"Clearly we are seeing a large batch of macroeconomic data that has been coming through during the middle of third-quarter earnings reporting season and you are seeing a little bit of a tug-of-war that exists between macroeconomic data that is appearing to be somewhat softer at the margin and corporate performance which is proving to be better than expectations,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p>\n<p>Earnings reports have helped advance in the benchmark S&amp;P index in 10 of the previous 12 sessions, with analysts now expecting profits for S&amp;P 500 companies to grow 38.6% year-on-year in the third quarter.</p>\n<p>Of the 244 S&amp;P 500 companies that had reported by Thursday morning, 82% had beaten estimates.</p>\n<p>However EBay Inc shares finished down 6.8% after the e-commerce firm forecast downbeat holiday-quarter revenue.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 2.46-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 34 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 104 new highs and 96 new lows.</p>\n<p>On U.S. exchanges 11.05 billion shares changed hands compared with the 10.34 billion moving average for the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2179291938","content_text":"* Amazon.com, Apple fall in late trade after quarterly reports\n* Caterpillar, Merck rise after posting higher profits\n* U.S. economic growth slowed sharply in Q3\n* EBay slips on weak fourth-quarter forecast\n* Dow up 0.68%, S&P 500 up 0.98%, Nasdaq up 1.39%\nNEW YORK, Oct 28 (Reuters) - Wall Street closed higher on Thursday, with the S&P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.\nAfter the bell, however, shares of both Amazon.com Inc and Apple Inc moved sharply lower following the release of quarterly results.\nAmazon was down 4% in extended trading after forecasting holiday-quarter sales below Wall Street expectations. Apple fell more than 3% in late trading after it said supply-chain woes cost it $6 billion in sales in the last quarter and that the impact will be even worse in the holiday-sales quarter.\nDuring the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq and the S&P.\nThe S&P was also boosted by Caterpillar Inc, which closed up 4% after reporting a better-than-expected quarterly profit on rising commodity prices and a bullish forecast from drugmaker Merck & Co Inc, which added 6%.\nInvestors also eyed Washington, where President Joe Biden said he had secured a new $1.75 trillion framework for economic and climate change spending.\n\"Earnings continue to be very good,\" said Bill Stone, chief investment officer at the Glenview Trust Co in Louisville, Kentucky, who also noted that Biden's framework, if it succeeds, would not boost corporate taxes as investors had previously feared.\n\"Underneath the surface, that's a positive for corporate earnings\" going forward, said Stone.\nThe Dow Jones Industrial Average closed up 239.79 points, or 0.68%, at 35,730.48, the S&P 500 gained 44.74 points, or 0.98%, to 4,596.42 and the Nasdaq Composite added 212.28 points, or 1.39%, to 15,448.12.\nAll 11 major S&P sectors closed higher, with Real Estate , consumer discretionary, and industrials leading the gains.\nSolid earnings also helped offset a report from the Commerce Department which showed the U.S. economy grew at a 2% annualized rate in the third quarter as COVID-19 infections flared up, short of the 2.7% estimate, while another set of data showed fewer Americans filed new claims for unemployment benefits last week as the labor market slowly improves.\n\"Clearly we are seeing a large batch of macroeconomic data that has been coming through during the middle of third-quarter earnings reporting season and you are seeing a little bit of a tug-of-war that exists between macroeconomic data that is appearing to be somewhat softer at the margin and corporate performance which is proving to be better than expectations,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.\nEarnings reports have helped advance in the benchmark S&P index in 10 of the previous 12 sessions, with analysts now expecting profits for S&P 500 companies to grow 38.6% year-on-year in the third quarter.\nOf the 244 S&P 500 companies that had reported by Thursday morning, 82% had beaten estimates.\nHowever EBay Inc shares finished down 6.8% after the e-commerce firm forecast downbeat holiday-quarter revenue.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 2.46-to-1 ratio favored advancers.\nThe S&P 500 posted 34 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 104 new highs and 96 new lows.\nOn U.S. exchanges 11.05 billion shares changed hands compared with the 10.34 billion moving average for the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854402628,"gmtCreate":1635471582203,"gmtModify":1635471612112,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3577443068440656","idStr":"3577443068440656"},"themes":[],"htmlText":"That’s great when big companies give back tothe community.&nbsp;","listText":"That’s great when big companies give back tothe community.&nbsp;","text":"That’s great when big companies give back tothe community.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/854402628","repostId":"2178987260","repostType":4,"repost":{"id":"2178987260","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":1635467574,"share":"https://www.laohu8.com/m/news/2178987260?lang=&edition=full","pubTime":"2021-10-29 08:32","market":"us","language":"en","title":"Microsoft to work with community colleges to fill 250,000 cyber jobs","url":"https://stock-news.laohu8.com/highlight/detail?id=2178987260","media":"Reuters","summary":"Oct 28 (Reuters) - Microsoft Corp on Thursday said it plans to work with community colleges across t","content":"<p>Oct 28 (Reuters) - Microsoft Corp&nbsp;on Thursday said it plans to work with community colleges across the United States to fill 250,000 cybersecurity jobs over the next four years.</p>\n<p>Microsoft said it will provide scholarships or assistance to about 25,000 students and will provide training for new and existing teachers at 150 community colleges across the country. The company also said that it will provide curriculum materials for free to all community colleges, as well as four-year schools, in the country.</p>\n<p>\"Over the next three years, we'll put many tens of millions of dollars behind this effort,\" Microsoft President Brad Smith said in a press briefing. \"This is an opportunity for us to get started. This is not the ceiling on what we'll do.\"</p>\n<p>Microsoft's efforts come as the United States has faced some of the broadest and most sophisticated hacks it has ever seen, including the SolarWinds attack that U.S. officials say hit scores of entities, including many in the federal government. President Joe Biden&nbsp;held a meeting&nbsp;with Microsoft and other large technology companies in August aimed at improving technology supply chain security.</p>\n<p>Jobs emerged as a key concern from the White House meeting, with officials saying half a million jobs remain unfilled.</p>\n<p>Smith said many of the customers that Microsoft works with that have suffered hacks could have prevented or mitigated hacks by putting better practices in place, but many lack the cybersecurity personnel to do so.</p>\n<p>\"We clearly need to move quickly to train people to fill what are, frankly, great jobs in our view,\" Smith said, noting the jobs had average pay of more than $105,000 and that for every two jobs that are filled, one remains open.</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>Microsoft to work with community colleges to fill 250,000 cyber jobs</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMicrosoft to work with community colleges to fill 250,000 cyber jobs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-29 08:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 28 (Reuters) - Microsoft Corp&nbsp;on Thursday said it plans to work with community colleges across the United States to fill 250,000 cybersecurity jobs over the next four years.</p>\n<p>Microsoft said it will provide scholarships or assistance to about 25,000 students and will provide training for new and existing teachers at 150 community colleges across the country. The company also said that it will provide curriculum materials for free to all community colleges, as well as four-year schools, in the country.</p>\n<p>\"Over the next three years, we'll put many tens of millions of dollars behind this effort,\" Microsoft President Brad Smith said in a press briefing. \"This is an opportunity for us to get started. This is not the ceiling on what we'll do.\"</p>\n<p>Microsoft's efforts come as the United States has faced some of the broadest and most sophisticated hacks it has ever seen, including the SolarWinds attack that U.S. officials say hit scores of entities, including many in the federal government. President Joe Biden&nbsp;held a meeting&nbsp;with Microsoft and other large technology companies in August aimed at improving technology supply chain security.</p>\n<p>Jobs emerged as a key concern from the White House meeting, with officials saying half a million jobs remain unfilled.</p>\n<p>Smith said many of the customers that Microsoft works with that have suffered hacks could have prevented or mitigated hacks by putting better practices in place, but many lack the cybersecurity personnel to do so.</p>\n<p>\"We clearly need to move quickly to train people to fill what are, frankly, great jobs in our view,\" Smith said, noting the jobs had average pay of more than $105,000 and that for every two jobs that are filled, one remains open.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2178987260","content_text":"Oct 28 (Reuters) - Microsoft Corp on Thursday said it plans to work with community colleges across the United States to fill 250,000 cybersecurity jobs over the next four years.\nMicrosoft said it will provide scholarships or assistance to about 25,000 students and will provide training for new and existing teachers at 150 community colleges across the country. The company also said that it will provide curriculum materials for free to all community colleges, as well as four-year schools, in the country.\n\"Over the next three years, we'll put many tens of millions of dollars behind this effort,\" Microsoft President Brad Smith said in a press briefing. \"This is an opportunity for us to get started. This is not the ceiling on what we'll do.\"\nMicrosoft's efforts come as the United States has faced some of the broadest and most sophisticated hacks it has ever seen, including the SolarWinds attack that U.S. officials say hit scores of entities, including many in the federal government. President Joe Biden held a meeting with Microsoft and other large technology companies in August aimed at improving technology supply chain security.\nJobs emerged as a key concern from the White House meeting, with officials saying half a million jobs remain unfilled.\nSmith said many of the customers that Microsoft works with that have suffered hacks could have prevented or mitigated hacks by putting better practices in place, but many lack the cybersecurity personnel to do so.\n\"We clearly need to move quickly to train people to fill what are, frankly, great jobs in our view,\" Smith said, noting the jobs had average pay of more than $105,000 and that for every two jobs that are filled, one remains open.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":604766148,"gmtCreate":1639447332505,"gmtModify":1639447333136,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Observations of the SG stocks vs internationalstocks is that SG stocks are largely stable while international ones either give you a windfall or huge dip. Always diversify and make sure your risk appetite can handle&nbsp;","listText":"Observations of the SG stocks vs internationalstocks is that SG stocks are largely stable while international ones either give you a windfall or huge dip. Always diversify and make sure your risk appetite can handle&nbsp;","text":"Observations of the SG stocks vs internationalstocks is that SG stocks are largely stable while international ones either give you a windfall or huge dip. Always diversify and make sure your risk appetite can handle","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/604766148","repostId":"1161189552","repostType":2,"isVote":1,"tweetType":1,"viewCount":800,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":176219523,"gmtCreate":1626886348862,"gmtModify":1633770068379,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"What a meme","listText":"What a meme","text":"What a meme","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/176219523","repostId":"1109551881","repostType":4,"repost":{"id":"1109551881","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1626878219,"share":"https://www.laohu8.com/m/news/1109551881?lang=&edition=full","pubTime":"2021-07-21 22:36","market":"us","language":"en","title":"AMC Smokes Shorts Again: What's Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1109551881","media":"Benzinga","summary":"AMC Entertainment Holding Inc(NYSE:AMC) shot up 24.47% Tuesday amid returned interest in reopening s","content":"<p><b>AMC Entertainment Holding Inc</b>(NYSE:AMC) shot up 24.47% Tuesday&nbsp;amid returned interest in reopening stocks. The company also announced on Monday evening it hadmade a dealto reopen the Grove Theatre and The Americana at Brand Theatre in the Los Angeles area in August under the AMC Brand. The two theatres were formerly leased by Pacific Theatres and are two of the highest-grossing theatres in Los Angeles.</p>\n<p>Although presently not the toptrendingstock on r/WallStreetBets, AMC was still the 10th most mentioned stock on Tuesday. The subreddit often targets stocks with unusual characteristics such as bizarre levels of ownership and high short interest. AMC’s underlying statistics have been improving over the last few months, however, and of the company’s 448.74 million share float 75.48 million shares are held short; this is down from 102.3 million in May.</p>\n<p>Despite short interest decreasing, AMC is still volatile and able to make big swings.</p>\n<p><b>The AMC Chart:</b>On Monday, during a big bear day in the general markets, AMC&nbsp;put in a bottom at $31.15 and managed to print a bullish hammer candlestick indicating higher prices would come on Tuesday. AMC then printed a bullish Marubozu candlestick on Tuesday. This Marubozu candle has a very small upper wick, indicating AMC had buyers at every price level it traded at intraday.</p>\n<p>AMC broke into a downtrend on July 1 and made a series of lower highs and lower lows until Tuesday when the price closed at $43.08, above its lower high of $37.73, which indicates a bullish trend change. Bulls won’t want the stock to drop below $31.15 for the trend to be confirmed.</p>\n<p><img src=\"https://static.tigerbbs.com/61ba2be17dcfd5bd5f6a00ab4398a5a6\" tg-width=\"651\" tg-height=\"256\" width=\"100%\" height=\"auto\">AMC&nbsp;was able to recapture the eight-day exponential moving average (EMA) as support but rejected, and wicked from, the 21-day EMA. Bulls will want to see AMC regain support of the level in the near term. AMC is trading well above the 200-day simple moving average, indicating overall sentiment in the stock remains bullish.</p>\n<p><img src=\"https://static.tigerbbs.com/afbe29a91b623abe465464f45c8889b6\" tg-width=\"1366\" tg-height=\"768\" width=\"100%\" height=\"auto\">Bulls want to see continued bullish volume push AMC over the 21-day EMA and up towards the $47.91 area. If it can regain the level as support, it could trade up toward $52.97.</p>\n<p>Bears want to see AMC’s stock continue to reject the 21-day EMA and for it to drop down and lose support of the eight-day EMA which aligns with a support level at $39.71. If the stock were to lose the level, it could fall toward the $31.81 mark.</p>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment traded up 4.2% to $44.78 at publication time.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>AMC Smokes Shorts Again: What's Next?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAMC Smokes Shorts Again: What's Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-07-21 22:36</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>AMC Entertainment Holding Inc</b>(NYSE:AMC) shot up 24.47% Tuesday&nbsp;amid returned interest in reopening stocks. The company also announced on Monday evening it hadmade a dealto reopen the Grove Theatre and The Americana at Brand Theatre in the Los Angeles area in August under the AMC Brand. The two theatres were formerly leased by Pacific Theatres and are two of the highest-grossing theatres in Los Angeles.</p>\n<p>Although presently not the toptrendingstock on r/WallStreetBets, AMC was still the 10th most mentioned stock on Tuesday. The subreddit often targets stocks with unusual characteristics such as bizarre levels of ownership and high short interest. AMC’s underlying statistics have been improving over the last few months, however, and of the company’s 448.74 million share float 75.48 million shares are held short; this is down from 102.3 million in May.</p>\n<p>Despite short interest decreasing, AMC is still volatile and able to make big swings.</p>\n<p><b>The AMC Chart:</b>On Monday, during a big bear day in the general markets, AMC&nbsp;put in a bottom at $31.15 and managed to print a bullish hammer candlestick indicating higher prices would come on Tuesday. AMC then printed a bullish Marubozu candlestick on Tuesday. This Marubozu candle has a very small upper wick, indicating AMC had buyers at every price level it traded at intraday.</p>\n<p>AMC broke into a downtrend on July 1 and made a series of lower highs and lower lows until Tuesday when the price closed at $43.08, above its lower high of $37.73, which indicates a bullish trend change. Bulls won’t want the stock to drop below $31.15 for the trend to be confirmed.</p>\n<p><img src=\"https://static.tigerbbs.com/61ba2be17dcfd5bd5f6a00ab4398a5a6\" tg-width=\"651\" tg-height=\"256\" width=\"100%\" height=\"auto\">AMC&nbsp;was able to recapture the eight-day exponential moving average (EMA) as support but rejected, and wicked from, the 21-day EMA. Bulls will want to see AMC regain support of the level in the near term. AMC is trading well above the 200-day simple moving average, indicating overall sentiment in the stock remains bullish.</p>\n<p><img src=\"https://static.tigerbbs.com/afbe29a91b623abe465464f45c8889b6\" tg-width=\"1366\" tg-height=\"768\" width=\"100%\" height=\"auto\">Bulls want to see continued bullish volume push AMC over the 21-day EMA and up towards the $47.91 area. If it can regain the level as support, it could trade up toward $52.97.</p>\n<p>Bears want to see AMC’s stock continue to reject the 21-day EMA and for it to drop down and lose support of the eight-day EMA which aligns with a support level at $39.71. If the stock were to lose the level, it could fall toward the $31.81 mark.</p>\n<p><b>AMC Price Action:</b>Shares of AMC Entertainment traded up 4.2% to $44.78 at publication time.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1109551881","content_text":"AMC Entertainment Holding Inc(NYSE:AMC) shot up 24.47% Tuesday amid returned interest in reopening stocks. The company also announced on Monday evening it hadmade a dealto reopen the Grove Theatre and The Americana at Brand Theatre in the Los Angeles area in August under the AMC Brand. The two theatres were formerly leased by Pacific Theatres and are two of the highest-grossing theatres in Los Angeles.\nAlthough presently not the toptrendingstock on r/WallStreetBets, AMC was still the 10th most mentioned stock on Tuesday. The subreddit often targets stocks with unusual characteristics such as bizarre levels of ownership and high short interest. AMC’s underlying statistics have been improving over the last few months, however, and of the company’s 448.74 million share float 75.48 million shares are held short; this is down from 102.3 million in May.\nDespite short interest decreasing, AMC is still volatile and able to make big swings.\nThe AMC Chart:On Monday, during a big bear day in the general markets, AMC put in a bottom at $31.15 and managed to print a bullish hammer candlestick indicating higher prices would come on Tuesday. AMC then printed a bullish Marubozu candlestick on Tuesday. This Marubozu candle has a very small upper wick, indicating AMC had buyers at every price level it traded at intraday.\nAMC broke into a downtrend on July 1 and made a series of lower highs and lower lows until Tuesday when the price closed at $43.08, above its lower high of $37.73, which indicates a bullish trend change. Bulls won’t want the stock to drop below $31.15 for the trend to be confirmed.\nAMC was able to recapture the eight-day exponential moving average (EMA) as support but rejected, and wicked from, the 21-day EMA. Bulls will want to see AMC regain support of the level in the near term. AMC is trading well above the 200-day simple moving average, indicating overall sentiment in the stock remains bullish.\nBulls want to see continued bullish volume push AMC over the 21-day EMA and up towards the $47.91 area. If it can regain the level as support, it could trade up toward $52.97.\nBears want to see AMC’s stock continue to reject the 21-day EMA and for it to drop down and lose support of the eight-day EMA which aligns with a support level at $39.71. If the stock were to lose the level, it could fall toward the $31.81 mark.\nAMC Price Action:Shares of AMC Entertainment traded up 4.2% to $44.78 at publication time.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":825990476,"gmtCreate":1634185674540,"gmtModify":1634185674771,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Worth reading and thinking about&nbsp;","listText":"Worth reading and thinking about&nbsp;","text":"Worth reading and thinking about","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/825990476","repostId":"2175844161","repostType":4,"repost":{"id":"2175844161","pubTimestamp":1634183022,"share":"https://www.laohu8.com/m/news/2175844161?lang=&edition=full","pubTime":"2021-10-14 11:43","market":"us","language":"en","title":"Is Nio's Stock Overvalued Or Undervalued?","url":"https://stock-news.laohu8.com/highlight/detail?id=2175844161","media":"Benzinga","summary":"Nio Inc - ADR (NYSE: NIO) shares have lagged the S&P 500 in 2021, generating a year-to-date total re","content":"<p><b>Nio Inc - ADR</b> (NYSE: NIO) shares have lagged the S&amp;P 500 in 2021, generating a year-to-date total return loss of 27.1%.</p>\n<p>Nio’s stock has run out of steam in 2021, but value investors may be wondering whether it’s time to buy the dip.</p>\n<p><b>Earnings:</b> A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value. The lower the PE, the higher the value.</p>\n<p>For comparison, the S&amp;P 500’s PE is currently at about 34, more than double its long-term average of 15.9. <b>Nio doesn’t currently have a PE ratio because the company is not profitable.</b> In the most recent quarter, Nio reported a net loss of $659.2 million.</p>\n<p><b>Growth:</b> Looking ahead to the next four quarters, the S&amp;P 500’s forward PE ratio looks much more reasonable at just 20.3. <b>Unfortunately, analysts are not expecting Nio to turn a profit over the next four quarters.</b> The current consensus earnings per share estimate for Nio for 2022 is a 12-cent loss. Nio’s consumer discretionary sector peers are currently averaging a 29.5 forward earnings multiple.</p>\n<p>Yet when it comes to evaluating a stock, earnings aren't everything.</p>\n<p>The growth rate is also critical for companies that are rapidly building their bottom lines. The price-to-earnings-to-growth ratio (PEG) is a good way to incorporate growth rates into the evaluation process. The S&amp;P 500’s overall PEG is about 1. Once again, without positive earnings, Nio doesn’t have a positive PEG ratio to use as a valuation gauge.</p>\n<p>Price-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks. The S&amp;P 500’s PS ratio is 3.14, well above its long-term average of 1.62. Nio’s PS ratio is 13.6, more than four times higher than the S&amp;P 500 average. Nio's PS ratio is also up 840.2% over the last two years, suggesting the stock is still priced at the high end of its historical valuation range.</p>\n<p>Finally, Wall Street analysts do see value in Nio stock over the next 12 months. The average analyst price target among the 21 analysts covering Nio is $58.25, suggesting about 60.7% upside from current levels.</p>\n<p><b>The Verdict:</b> At today's price, Nio stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.</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>Is Nio's Stock Overvalued Or Undervalued?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIs Nio's Stock Overvalued Or Undervalued?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-14 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/nios-stock-overvalued-undervalued-165557457.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nio Inc - ADR (NYSE: NIO) shares have lagged the S&P 500 in 2021, generating a year-to-date total return loss of 27.1%.\nNio’s stock has run out of steam in 2021, but value investors may be wondering ...</p>\n\n<a href=\"https://finance.yahoo.com/news/nios-stock-overvalued-undervalued-165557457.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SH":"标普500反向ETF","NIO":"蔚来","OEF":"标普100指数ETF-iShares","SSO":"两倍做多标普500ETF","OEX":"标普100","SDS":"两倍做空标普500ETF","SPY":"标普500ETF","UPRO":"三倍做多标普500ETF","IVV":"标普500指数ETF",".SPX":"S&P 500 Index","SPXU":"三倍做空标普500ETF"},"source_url":"https://finance.yahoo.com/news/nios-stock-overvalued-undervalued-165557457.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2175844161","content_text":"Nio Inc - ADR (NYSE: NIO) shares have lagged the S&P 500 in 2021, generating a year-to-date total return loss of 27.1%.\nNio’s stock has run out of steam in 2021, but value investors may be wondering whether it’s time to buy the dip.\nEarnings: A price-to-earnings ratio (PE) is one of the most basic fundamental metrics for gauging a stock’s value. The lower the PE, the higher the value.\nFor comparison, the S&P 500’s PE is currently at about 34, more than double its long-term average of 15.9. Nio doesn’t currently have a PE ratio because the company is not profitable. In the most recent quarter, Nio reported a net loss of $659.2 million.\nGrowth: Looking ahead to the next four quarters, the S&P 500’s forward PE ratio looks much more reasonable at just 20.3. Unfortunately, analysts are not expecting Nio to turn a profit over the next four quarters. The current consensus earnings per share estimate for Nio for 2022 is a 12-cent loss. Nio’s consumer discretionary sector peers are currently averaging a 29.5 forward earnings multiple.\nYet when it comes to evaluating a stock, earnings aren't everything.\nThe growth rate is also critical for companies that are rapidly building their bottom lines. The price-to-earnings-to-growth ratio (PEG) is a good way to incorporate growth rates into the evaluation process. The S&P 500’s overall PEG is about 1. Once again, without positive earnings, Nio doesn’t have a positive PEG ratio to use as a valuation gauge.\nPrice-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks. The S&P 500’s PS ratio is 3.14, well above its long-term average of 1.62. Nio’s PS ratio is 13.6, more than four times higher than the S&P 500 average. Nio's PS ratio is also up 840.2% over the last two years, suggesting the stock is still priced at the high end of its historical valuation range.\nFinally, Wall Street analysts do see value in Nio stock over the next 12 months. The average analyst price target among the 21 analysts covering Nio is $58.25, suggesting about 60.7% upside from current levels.\nThe Verdict: At today's price, Nio stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":194904801,"gmtCreate":1621331284203,"gmtModify":1634192394100,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Huat!!&nbsp;","listText":"Huat!!&nbsp;","text":"Huat!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/194904801","repostId":"1197358072","repostType":4,"repost":{"id":"1197358072","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":1621330963,"share":"https://www.laohu8.com/m/news/1197358072?lang=&edition=full","pubTime":"2021-05-18 17:42","market":"us","language":"en","title":"Baidu's 1Q Results Beat Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1197358072","media":"Tiger Newspress","summary":"Baidu, Inc. today announced its unaudited financial results for the first quarter ended March 31, 20","content":"<p>Baidu, Inc.&nbsp;today announced its unaudited financial results for the first quarter ended March 31, 2021.</p><p>“We are delighted to bring innovation across many sectors, including marketing cloud, enterprise cloud, smart transportation, autonomous driving, smart assistant and AI chip, through our decadelong investment in AI,” said Robin Li, co-founder and CEO of Baidu. “With AI powering the next stage of technology growth, many Baidu alumni have rejoined us, and our employees are energized from working on intelligent computing that can improve daily life and make the complex world simpler.”</p><p>“Baidu Core delivered a strong first quarter with revenue growing 34% year over year, powered by non-advertising revenue growing 70% year over year,” said Herman Yu, CFO of Baidu. “We will continue to invest heavily in sales, R&amp;D and operations to support the rapid growth of our AIpowered business.”</p><p><img src=\"https://static.tigerbbs.com/afb3caa729e48033c7dab8a4f9a02037\" tg-width=\"1187\" tg-height=\"697\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/15444e314a05131c16849f758e6776ea\" tg-width=\"1186\" tg-height=\"417\" referrerpolicy=\"no-referrer\"></p><p>Baidu&nbsp;stock&nbsp;surged&nbsp;3.6%&nbsp;in aftermarket trading.</p><p><img src=\"https://static.tigerbbs.com/527d3dc60d4d86fc726bc558f46055cb\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>Other Highlights</b></p><p><b><i>Corporate</i></b></p><ul><li>Baidu ranks Top 3 in cloud services and No.1 in the utilization of renewable energy for data centers, according to Greenpeace, a global environmental organization, based on itsApril 2021report<i>Clean Cloud: Tracking Renewable Energy Use inChina'sTech Industry</i>.</li><li>Baidu released its annual ESG Report inFebruary 2021, which details Baidu's ESG policies and sustainability initiatives (http://esg.baidu.com/en/esg_download.html).</li><li>OnMarch 23, 2021, Baidu listed on the HKEX (9888) through a global offering of 95,000,000 Class A ordinary shares, receiving$3.1 billionin net proceeds.</li><li>Baidu returnedUS$300 millionto shareholders under the 2020 Share Repurchase Program this year, bringing the cumulative repurchase to$2.2 billionsince 2020.</li></ul><p><b><i>AI Cloud</i></b></p><ul><li>Baidu EasyDL, a simple to use machine learning service, was rated No.1 in terms of usage inChina, per IDC inDecember 2020, topping the list for the second time.</li><li>Baidu deep learning framework PaddlePaddle, upgraded to v2.0 inMarch 2021, was ranked among the Top 3 globally in terms of usage based on pull request, according to Github.</li><li>A leading retail bank inChinaimplemented Baidu's AI PaaS, which has led to five follow-on purchases, including application to automate customer service and consumer loan approval, and the recent purchase of private cloud services.</li><li>Baidu partnered with the online arm ofChina'slargest TV network CCTV to implement Baidu AI PaaS with capabilities to automate video clip creation and tagging from live broadcasting and use smart assistant to quickly locate desired video content. During an important annual event, Baidu enabledCCTV.comto simultaneously interview congressional meeting participants with AI reporters, powered by Baidu Brain, and timely share these interviews on the Internet.</li><li>Chongqing, which implemented Apollo V2X last year, marking Baidu's entry into westernChina, signed with Apollo to make its smart transportation infrastructure 5G enabled, to support robotaxi ride hailing operation.</li><li>Chengdu(Sichuan), a leader in science and technology development, signed with Apollo to implement V2X vehicle-to-road infrastructure.</li></ul><p><b><i>Intelligent Driving</i></b></p><ul><li>Apollo has accumulated 6.2 million miles of L4 autonomous driving testing on the road and 600 million miles of simulated testing since its founding in 2013.</li><li>Apollo received permit to test autonomous driving at night and under special weather conditions on public roads inBeijing. Apollo also received permits to pilot fully autonomous driving inBeijing, Cangzhou (Hebei), andChangsha(Hunan).</li><li>Apollo Go,China'sfirst fully autonomous ride-hailing, is now available at theShougang Park, a Beijing 2022 Winter Olympics site.</li><li>Apollo Gobegins to charge for robotaxi ride hailing in Cangzhou, based on the distance traveled starting with a minimum fare, similarly to regular ride hailing.</li><li>The total addressable market for robotaxi ride hailing will reachUS$224 billioninChinaby 2025, according to China Insights Consultancy, a market research and consulting company.</li><li>Jidu Auto, an intelligent EV company established in partnership withZhejiang Geely Holding Group, appointedYiping Xiaas its CEO.Mr. Xiapreviously served as CTO at Mobike and held positions atFiat Chryslerand Ford.</li><li>Guangzhou Automobile Group joins Apollo's network of over 10 leading automakers to install Apollo Self Driving (ASD) services in its new vehicles.</li><li>Guidehouse Insights (previouslyNavigant Research) has rated Baidu in the \"leader\" category for the second consecutive year, the only Chinese company honored among the four AI companies selected globally for this category. Apollo's open platform, to empower Jidu and other automakers as well asApollo Gorobotaxi, puts Apollo in a unique position to be well funded and widely adopted.</li><li>DuerOS for Auto, powering infotainment, has been installed in over 1.5 million new vehicles, recorded Q1 2021 installation more than doubled from the prior year.</li></ul><p><b><i>Other Growth Initiatives</i></b></p><ul><li>DuerOS monthly voice queries reached 6.6 billion with first-party voice queries reaching 3.9 billion inMarch 2021.</li><li>Xiaodu ranked No.1 in smart display shipments globally and No.1 in smart speaker shipments inChinafor 2020, according to IDC, Strategy Analytics and Canalys.</li><li>Xiaodu S12 smart pad for the education market was introduced in March with an MSRP of 1,699.</li><li>Baidu Kunlun completed its first round of funding at a post-money valuation of$2 billioninApril 2021. Kunlun chips are designed to optimize AI workload and improve cloud cost structure.</li></ul><p><i>Mobile Ecosystem</i></p><ul><li>Baidu has strengthened its strong Internet foundation with Baidu App monthly active users (MAUs) reaching 558 million and daily logged in users reaching over 75% inMarch 2021.</li><li>Baidu's AI building blocks are helping creators, service providers and merchants better engage with users and perform user life-time management:</li><li>BJH publisher accounts grew 40% year over year to reached 4.2 million.</li><li>Smart Mini Program MAUs reached 416 million, and the number of SMPs grew 74% from a year ago; and</li><li>Revenue from Managed Page accounted for 35% of Baidu Core's online marketing revenue, up from 21% a year ago.</li></ul><p><b><i>iQIYI</i></b></p><p>iQIYI subscribers reached 105.3 million as ofMarch 31, 2021, serving as a strong foundation to support its over 50 in-house studios and produce entertainment blockbuster originals. iQIYI's net loss narrowed toRMB1.3 billionin Q1 21, compared toRMB 2.9 billionfrom a year ago.</p><p><b>First Quarter 2021 Results</b></p><p><b>Total revenues</b>wereRMB 28.1 billion($4.29 billion), increasing 25% year over year.</p><ul><li><b>Revenue from Baidu Core</b>&nbsp;was&nbsp;RMB 20.5 billion($3.13 billion), increasing 34% year over year.<b>Online marketing revenue</b>&nbsp;was&nbsp;RMB 16.3 billion($2.48 billion), up 27% year over year.<b>Non-marketing revenue</b>&nbsp;was&nbsp;RMB 4.2 billion($646 million), up 70% year over year, driven by cloud and other services.</li><li><b>Revenue from iQIYI</b>&nbsp;was&nbsp;RMB 8.0 billion($1.22 billion), increasing 4% year over year.</li></ul><p><b>Cost of revenues</b>&nbsp;was&nbsp;RMB 15.0 billion($2.29 billion), increasing 2% year over year, primarily due to an increase in traffic acquisition costs and cost of goods sold, offset by a decrease in content costs and the amortization/impairment of intangible assets.</p><p><b>Selling, general and administrative expenses</b>&nbsp;were&nbsp;RMB 5.2 billion($800 million), increasing 36% year over year, primarily due to an increase in channel spending and promotional expenses.</p><p><b>Research and development expense</b>wasRMB 5.1 billion($778 million), increasing 15% year over year, primarily related to personnel-related expenses.</p><p><b>Operating income</b>&nbsp;was&nbsp;RMB 2.8 billion($426 million).<b>Baidu Core operating income</b>&nbsp;was&nbsp;RMB 3.8 billion($587 million), and Baidu Core operating margin was 19%.<b>Non-GAAP operating income</b>&nbsp;was&nbsp;RMB 4.4 billion($666 million).<b>Non-GAAP Baidu Core operating income</b>&nbsp;was&nbsp;RMB 5.1 billion($773 million), and non-GAAP Baidu Core operating margin was 25%.</p><p><b>Total other income, net</b>&nbsp;was&nbsp;RMB 23.8 billion($3.63 billion), which included a fair value gain ofRMB 23.7 billionfrom long-term investments,&nbsp;mainly&nbsp;including a gain from the investment in Kuaishou Technology.</p><p><b>Income tax expense</b>&nbsp;was&nbsp;RMB 1.5 billion($234 million), compared toRMB 198 millionlast year, primarily due to the increase in profit.</p><p><b>Net income attributable to Baidu</b>&nbsp;was&nbsp;RMB 25.7 billion($3.92 billion), and diluted earnings per ADS wasRMB 73.76($11.26).<b>Net income attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 26.4 billion($4.02 billion).<b>Non-GAAP net income attributable to Baidu</b>&nbsp;was&nbsp;RMB 4.3 billion($656 million), and non-GAAP diluted earnings per ADS wasRMB 12.38($1.89).<b>Non-GAAP net income attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 4.9 billion($743 million).</p><p><b>Adjusted EBITDA</b>&nbsp;was&nbsp;RMB 5.9 billion&nbsp;($901 million).<b>Adjusted EBITDA for Baidu Core</b>wasRMB 6.5 billion($990 million) and adjusted EBITDA margin for Baidu Core was 32%.</p><p>As ofMarch 31, 2021,<b>cash, cash equivalents, restricted cash and short-term investments</b>&nbsp;were&nbsp;RMB 172.9 billion($26.40 billion), and&nbsp;<b>cash, cash equivalents, restricted cash and short-term investments excluding iQIYI</b>&nbsp;were&nbsp;RMB 159.6 billion($24.37 billion).<b>Free cash flow</b>&nbsp;was&nbsp;RMB 2.6 billion($400 million), and&nbsp;<b>free cash flow excluding iQIYI</b>&nbsp;was&nbsp;RMB 4.0 billion($615 million).</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nBaidu's 1Q Results Beat Estimates\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\">2021-05-18 17:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Baidu, Inc.&nbsp;today announced its unaudited financial results for the first quarter ended March 31, 2021.</p><p>“We are delighted to bring innovation across many sectors, including marketing cloud, enterprise cloud, smart transportation, autonomous driving, smart assistant and AI chip, through our decadelong investment in AI,” said Robin Li, co-founder and CEO of Baidu. “With AI powering the next stage of technology growth, many Baidu alumni have rejoined us, and our employees are energized from working on intelligent computing that can improve daily life and make the complex world simpler.”</p><p>“Baidu Core delivered a strong first quarter with revenue growing 34% year over year, powered by non-advertising revenue growing 70% year over year,” said Herman Yu, CFO of Baidu. “We will continue to invest heavily in sales, R&amp;D and operations to support the rapid growth of our AIpowered business.”</p><p><img src=\"https://static.tigerbbs.com/afb3caa729e48033c7dab8a4f9a02037\" tg-width=\"1187\" tg-height=\"697\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/15444e314a05131c16849f758e6776ea\" tg-width=\"1186\" tg-height=\"417\" referrerpolicy=\"no-referrer\"></p><p>Baidu&nbsp;stock&nbsp;surged&nbsp;3.6%&nbsp;in aftermarket trading.</p><p><img src=\"https://static.tigerbbs.com/527d3dc60d4d86fc726bc558f46055cb\" tg-width=\"1302\" tg-height=\"663\" referrerpolicy=\"no-referrer\"></p><p><b>Other Highlights</b></p><p><b><i>Corporate</i></b></p><ul><li>Baidu ranks Top 3 in cloud services and No.1 in the utilization of renewable energy for data centers, according to Greenpeace, a global environmental organization, based on itsApril 2021report<i>Clean Cloud: Tracking Renewable Energy Use inChina'sTech Industry</i>.</li><li>Baidu released its annual ESG Report inFebruary 2021, which details Baidu's ESG policies and sustainability initiatives (http://esg.baidu.com/en/esg_download.html).</li><li>OnMarch 23, 2021, Baidu listed on the HKEX (9888) through a global offering of 95,000,000 Class A ordinary shares, receiving$3.1 billionin net proceeds.</li><li>Baidu returnedUS$300 millionto shareholders under the 2020 Share Repurchase Program this year, bringing the cumulative repurchase to$2.2 billionsince 2020.</li></ul><p><b><i>AI Cloud</i></b></p><ul><li>Baidu EasyDL, a simple to use machine learning service, was rated No.1 in terms of usage inChina, per IDC inDecember 2020, topping the list for the second time.</li><li>Baidu deep learning framework PaddlePaddle, upgraded to v2.0 inMarch 2021, was ranked among the Top 3 globally in terms of usage based on pull request, according to Github.</li><li>A leading retail bank inChinaimplemented Baidu's AI PaaS, which has led to five follow-on purchases, including application to automate customer service and consumer loan approval, and the recent purchase of private cloud services.</li><li>Baidu partnered with the online arm ofChina'slargest TV network CCTV to implement Baidu AI PaaS with capabilities to automate video clip creation and tagging from live broadcasting and use smart assistant to quickly locate desired video content. During an important annual event, Baidu enabledCCTV.comto simultaneously interview congressional meeting participants with AI reporters, powered by Baidu Brain, and timely share these interviews on the Internet.</li><li>Chongqing, which implemented Apollo V2X last year, marking Baidu's entry into westernChina, signed with Apollo to make its smart transportation infrastructure 5G enabled, to support robotaxi ride hailing operation.</li><li>Chengdu(Sichuan), a leader in science and technology development, signed with Apollo to implement V2X vehicle-to-road infrastructure.</li></ul><p><b><i>Intelligent Driving</i></b></p><ul><li>Apollo has accumulated 6.2 million miles of L4 autonomous driving testing on the road and 600 million miles of simulated testing since its founding in 2013.</li><li>Apollo received permit to test autonomous driving at night and under special weather conditions on public roads inBeijing. Apollo also received permits to pilot fully autonomous driving inBeijing, Cangzhou (Hebei), andChangsha(Hunan).</li><li>Apollo Go,China'sfirst fully autonomous ride-hailing, is now available at theShougang Park, a Beijing 2022 Winter Olympics site.</li><li>Apollo Gobegins to charge for robotaxi ride hailing in Cangzhou, based on the distance traveled starting with a minimum fare, similarly to regular ride hailing.</li><li>The total addressable market for robotaxi ride hailing will reachUS$224 billioninChinaby 2025, according to China Insights Consultancy, a market research and consulting company.</li><li>Jidu Auto, an intelligent EV company established in partnership withZhejiang Geely Holding Group, appointedYiping Xiaas its CEO.Mr. Xiapreviously served as CTO at Mobike and held positions atFiat Chryslerand Ford.</li><li>Guangzhou Automobile Group joins Apollo's network of over 10 leading automakers to install Apollo Self Driving (ASD) services in its new vehicles.</li><li>Guidehouse Insights (previouslyNavigant Research) has rated Baidu in the \"leader\" category for the second consecutive year, the only Chinese company honored among the four AI companies selected globally for this category. Apollo's open platform, to empower Jidu and other automakers as well asApollo Gorobotaxi, puts Apollo in a unique position to be well funded and widely adopted.</li><li>DuerOS for Auto, powering infotainment, has been installed in over 1.5 million new vehicles, recorded Q1 2021 installation more than doubled from the prior year.</li></ul><p><b><i>Other Growth Initiatives</i></b></p><ul><li>DuerOS monthly voice queries reached 6.6 billion with first-party voice queries reaching 3.9 billion inMarch 2021.</li><li>Xiaodu ranked No.1 in smart display shipments globally and No.1 in smart speaker shipments inChinafor 2020, according to IDC, Strategy Analytics and Canalys.</li><li>Xiaodu S12 smart pad for the education market was introduced in March with an MSRP of 1,699.</li><li>Baidu Kunlun completed its first round of funding at a post-money valuation of$2 billioninApril 2021. Kunlun chips are designed to optimize AI workload and improve cloud cost structure.</li></ul><p><i>Mobile Ecosystem</i></p><ul><li>Baidu has strengthened its strong Internet foundation with Baidu App monthly active users (MAUs) reaching 558 million and daily logged in users reaching over 75% inMarch 2021.</li><li>Baidu's AI building blocks are helping creators, service providers and merchants better engage with users and perform user life-time management:</li><li>BJH publisher accounts grew 40% year over year to reached 4.2 million.</li><li>Smart Mini Program MAUs reached 416 million, and the number of SMPs grew 74% from a year ago; and</li><li>Revenue from Managed Page accounted for 35% of Baidu Core's online marketing revenue, up from 21% a year ago.</li></ul><p><b><i>iQIYI</i></b></p><p>iQIYI subscribers reached 105.3 million as ofMarch 31, 2021, serving as a strong foundation to support its over 50 in-house studios and produce entertainment blockbuster originals. iQIYI's net loss narrowed toRMB1.3 billionin Q1 21, compared toRMB 2.9 billionfrom a year ago.</p><p><b>First Quarter 2021 Results</b></p><p><b>Total revenues</b>wereRMB 28.1 billion($4.29 billion), increasing 25% year over year.</p><ul><li><b>Revenue from Baidu Core</b>&nbsp;was&nbsp;RMB 20.5 billion($3.13 billion), increasing 34% year over year.<b>Online marketing revenue</b>&nbsp;was&nbsp;RMB 16.3 billion($2.48 billion), up 27% year over year.<b>Non-marketing revenue</b>&nbsp;was&nbsp;RMB 4.2 billion($646 million), up 70% year over year, driven by cloud and other services.</li><li><b>Revenue from iQIYI</b>&nbsp;was&nbsp;RMB 8.0 billion($1.22 billion), increasing 4% year over year.</li></ul><p><b>Cost of revenues</b>&nbsp;was&nbsp;RMB 15.0 billion($2.29 billion), increasing 2% year over year, primarily due to an increase in traffic acquisition costs and cost of goods sold, offset by a decrease in content costs and the amortization/impairment of intangible assets.</p><p><b>Selling, general and administrative expenses</b>&nbsp;were&nbsp;RMB 5.2 billion($800 million), increasing 36% year over year, primarily due to an increase in channel spending and promotional expenses.</p><p><b>Research and development expense</b>wasRMB 5.1 billion($778 million), increasing 15% year over year, primarily related to personnel-related expenses.</p><p><b>Operating income</b>&nbsp;was&nbsp;RMB 2.8 billion($426 million).<b>Baidu Core operating income</b>&nbsp;was&nbsp;RMB 3.8 billion($587 million), and Baidu Core operating margin was 19%.<b>Non-GAAP operating income</b>&nbsp;was&nbsp;RMB 4.4 billion($666 million).<b>Non-GAAP Baidu Core operating income</b>&nbsp;was&nbsp;RMB 5.1 billion($773 million), and non-GAAP Baidu Core operating margin was 25%.</p><p><b>Total other income, net</b>&nbsp;was&nbsp;RMB 23.8 billion($3.63 billion), which included a fair value gain ofRMB 23.7 billionfrom long-term investments,&nbsp;mainly&nbsp;including a gain from the investment in Kuaishou Technology.</p><p><b>Income tax expense</b>&nbsp;was&nbsp;RMB 1.5 billion($234 million), compared toRMB 198 millionlast year, primarily due to the increase in profit.</p><p><b>Net income attributable to Baidu</b>&nbsp;was&nbsp;RMB 25.7 billion($3.92 billion), and diluted earnings per ADS wasRMB 73.76($11.26).<b>Net income attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 26.4 billion($4.02 billion).<b>Non-GAAP net income attributable to Baidu</b>&nbsp;was&nbsp;RMB 4.3 billion($656 million), and non-GAAP diluted earnings per ADS wasRMB 12.38($1.89).<b>Non-GAAP net income attributable to Baidu Core</b>&nbsp;was&nbsp;RMB 4.9 billion($743 million).</p><p><b>Adjusted EBITDA</b>&nbsp;was&nbsp;RMB 5.9 billion&nbsp;($901 million).<b>Adjusted EBITDA for Baidu Core</b>wasRMB 6.5 billion($990 million) and adjusted EBITDA margin for Baidu Core was 32%.</p><p>As ofMarch 31, 2021,<b>cash, cash equivalents, restricted cash and short-term investments</b>&nbsp;were&nbsp;RMB 172.9 billion($26.40 billion), and&nbsp;<b>cash, cash equivalents, restricted cash and short-term investments excluding iQIYI</b>&nbsp;were&nbsp;RMB 159.6 billion($24.37 billion).<b>Free cash flow</b>&nbsp;was&nbsp;RMB 2.6 billion($400 million), and&nbsp;<b>free cash flow excluding iQIYI</b>&nbsp;was&nbsp;RMB 4.0 billion($615 million).</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09888":"百度集团-SW","BIDU":"百度"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197358072","content_text":"Baidu, Inc. today announced its unaudited financial results for the first quarter ended March 31, 2021.“We are delighted to bring innovation across many sectors, including marketing cloud, enterprise cloud, smart transportation, autonomous driving, smart assistant and AI chip, through our decadelong investment in AI,” said Robin Li, co-founder and CEO of Baidu. “With AI powering the next stage of technology growth, many Baidu alumni have rejoined us, and our employees are energized from working on intelligent computing that can improve daily life and make the complex world simpler.”“Baidu Core delivered a strong first quarter with revenue growing 34% year over year, powered by non-advertising revenue growing 70% year over year,” said Herman Yu, CFO of Baidu. “We will continue to invest heavily in sales, R&D and operations to support the rapid growth of our AIpowered business.”Baidu stock surged 3.6% in aftermarket trading.Other HighlightsCorporateBaidu ranks Top 3 in cloud services and No.1 in the utilization of renewable energy for data centers, according to Greenpeace, a global environmental organization, based on itsApril 2021reportClean Cloud: Tracking Renewable Energy Use inChina'sTech Industry.Baidu released its annual ESG Report inFebruary 2021, which details Baidu's ESG policies and sustainability initiatives (http://esg.baidu.com/en/esg_download.html).OnMarch 23, 2021, Baidu listed on the HKEX (9888) through a global offering of 95,000,000 Class A ordinary shares, receiving$3.1 billionin net proceeds.Baidu returnedUS$300 millionto shareholders under the 2020 Share Repurchase Program this year, bringing the cumulative repurchase to$2.2 billionsince 2020.AI CloudBaidu EasyDL, a simple to use machine learning service, was rated No.1 in terms of usage inChina, per IDC inDecember 2020, topping the list for the second time.Baidu deep learning framework PaddlePaddle, upgraded to v2.0 inMarch 2021, was ranked among the Top 3 globally in terms of usage based on pull request, according to Github.A leading retail bank inChinaimplemented Baidu's AI PaaS, which has led to five follow-on purchases, including application to automate customer service and consumer loan approval, and the recent purchase of private cloud services.Baidu partnered with the online arm ofChina'slargest TV network CCTV to implement Baidu AI PaaS with capabilities to automate video clip creation and tagging from live broadcasting and use smart assistant to quickly locate desired video content. During an important annual event, Baidu enabledCCTV.comto simultaneously interview congressional meeting participants with AI reporters, powered by Baidu Brain, and timely share these interviews on the Internet.Chongqing, which implemented Apollo V2X last year, marking Baidu's entry into westernChina, signed with Apollo to make its smart transportation infrastructure 5G enabled, to support robotaxi ride hailing operation.Chengdu(Sichuan), a leader in science and technology development, signed with Apollo to implement V2X vehicle-to-road infrastructure.Intelligent DrivingApollo has accumulated 6.2 million miles of L4 autonomous driving testing on the road and 600 million miles of simulated testing since its founding in 2013.Apollo received permit to test autonomous driving at night and under special weather conditions on public roads inBeijing. Apollo also received permits to pilot fully autonomous driving inBeijing, Cangzhou (Hebei), andChangsha(Hunan).Apollo Go,China'sfirst fully autonomous ride-hailing, is now available at theShougang Park, a Beijing 2022 Winter Olympics site.Apollo Gobegins to charge for robotaxi ride hailing in Cangzhou, based on the distance traveled starting with a minimum fare, similarly to regular ride hailing.The total addressable market for robotaxi ride hailing will reachUS$224 billioninChinaby 2025, according to China Insights Consultancy, a market research and consulting company.Jidu Auto, an intelligent EV company established in partnership withZhejiang Geely Holding Group, appointedYiping Xiaas its CEO.Mr. Xiapreviously served as CTO at Mobike and held positions atFiat Chryslerand Ford.Guangzhou Automobile Group joins Apollo's network of over 10 leading automakers to install Apollo Self Driving (ASD) services in its new vehicles.Guidehouse Insights (previouslyNavigant Research) has rated Baidu in the \"leader\" category for the second consecutive year, the only Chinese company honored among the four AI companies selected globally for this category. Apollo's open platform, to empower Jidu and other automakers as well asApollo Gorobotaxi, puts Apollo in a unique position to be well funded and widely adopted.DuerOS for Auto, powering infotainment, has been installed in over 1.5 million new vehicles, recorded Q1 2021 installation more than doubled from the prior year.Other Growth InitiativesDuerOS monthly voice queries reached 6.6 billion with first-party voice queries reaching 3.9 billion inMarch 2021.Xiaodu ranked No.1 in smart display shipments globally and No.1 in smart speaker shipments inChinafor 2020, according to IDC, Strategy Analytics and Canalys.Xiaodu S12 smart pad for the education market was introduced in March with an MSRP of 1,699.Baidu Kunlun completed its first round of funding at a post-money valuation of$2 billioninApril 2021. Kunlun chips are designed to optimize AI workload and improve cloud cost structure.Mobile EcosystemBaidu has strengthened its strong Internet foundation with Baidu App monthly active users (MAUs) reaching 558 million and daily logged in users reaching over 75% inMarch 2021.Baidu's AI building blocks are helping creators, service providers and merchants better engage with users and perform user life-time management:BJH publisher accounts grew 40% year over year to reached 4.2 million.Smart Mini Program MAUs reached 416 million, and the number of SMPs grew 74% from a year ago; andRevenue from Managed Page accounted for 35% of Baidu Core's online marketing revenue, up from 21% a year ago.iQIYIiQIYI subscribers reached 105.3 million as ofMarch 31, 2021, serving as a strong foundation to support its over 50 in-house studios and produce entertainment blockbuster originals. iQIYI's net loss narrowed toRMB1.3 billionin Q1 21, compared toRMB 2.9 billionfrom a year ago.First Quarter 2021 ResultsTotal revenueswereRMB 28.1 billion($4.29 billion), increasing 25% year over year.Revenue from Baidu Core was RMB 20.5 billion($3.13 billion), increasing 34% year over year.Online marketing revenue was RMB 16.3 billion($2.48 billion), up 27% year over year.Non-marketing revenue was RMB 4.2 billion($646 million), up 70% year over year, driven by cloud and other services.Revenue from iQIYI was RMB 8.0 billion($1.22 billion), increasing 4% year over year.Cost of revenues was RMB 15.0 billion($2.29 billion), increasing 2% year over year, primarily due to an increase in traffic acquisition costs and cost of goods sold, offset by a decrease in content costs and the amortization/impairment of intangible assets.Selling, general and administrative expenses were RMB 5.2 billion($800 million), increasing 36% year over year, primarily due to an increase in channel spending and promotional expenses.Research and development expensewasRMB 5.1 billion($778 million), increasing 15% year over year, primarily related to personnel-related expenses.Operating income was RMB 2.8 billion($426 million).Baidu Core operating income was RMB 3.8 billion($587 million), and Baidu Core operating margin was 19%.Non-GAAP operating income was RMB 4.4 billion($666 million).Non-GAAP Baidu Core operating income was RMB 5.1 billion($773 million), and non-GAAP Baidu Core operating margin was 25%.Total other income, net was RMB 23.8 billion($3.63 billion), which included a fair value gain ofRMB 23.7 billionfrom long-term investments, mainly including a gain from the investment in Kuaishou Technology.Income tax expense was RMB 1.5 billion($234 million), compared toRMB 198 millionlast year, primarily due to the increase in profit.Net income attributable to Baidu was RMB 25.7 billion($3.92 billion), and diluted earnings per ADS wasRMB 73.76($11.26).Net income attributable to Baidu Core was RMB 26.4 billion($4.02 billion).Non-GAAP net income attributable to Baidu was RMB 4.3 billion($656 million), and non-GAAP diluted earnings per ADS wasRMB 12.38($1.89).Non-GAAP net income attributable to Baidu Core was RMB 4.9 billion($743 million).Adjusted EBITDA was RMB 5.9 billion ($901 million).Adjusted EBITDA for Baidu CorewasRMB 6.5 billion($990 million) and adjusted EBITDA margin for Baidu Core was 32%.As ofMarch 31, 2021,cash, cash equivalents, restricted cash and short-term investments were RMB 172.9 billion($26.40 billion), and cash, cash equivalents, restricted cash and short-term investments excluding iQIYI were RMB 159.6 billion($24.37 billion).Free cash flow was RMB 2.6 billion($400 million), and free cash flow excluding iQIYI was RMB 4.0 billion($615 million).","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194903749,"gmtCreate":1621330840981,"gmtModify":1634192396921,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/194903749","repostId":"2136738931","repostType":4,"repost":{"id":"2136738931","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":1621318800,"share":"https://www.laohu8.com/m/news/2136738931?lang=&edition=full","pubTime":"2021-05-18 14:20","market":"hk","language":"en","title":"JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2136738931","media":"Tiger Newspress","summary":"The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering  to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion  if the deal is priced at the top end.JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.JD Logistics' offering is expected to be the second multibilli","content":"<p>The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.<a href=\"https://www.itiger.com/mi/ipo?feature=Push\" target=\"_blank\"><b>（Click here To apply for the JD Logistics Shares）</b></a><b></b></p><p>JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.</p><p>JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.</p><p><img src=\"https://static.tigerbbs.com/cd9320033ea7302952fa2cb6ece8339a\" tg-width=\"958\" tg-height=\"464\"></p><p>Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.</p><p><img src=\"https://static.tigerbbs.com/b1f72efeb4b54a02dbfe728ebb1099dd\" tg-width=\"958\" tg-height=\"437\"></p><p>JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.</p><p>Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.</p><p>The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.</p><p>BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.</p><p>Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.</p><p>Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.</p><p>Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.</p><p>\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.</p><p>JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.</p><p>Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.</p><p>Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.</p><p>SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.</p><p>Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.</p><p>China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.</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>JD Logistics launches Hong Kong IPO to raise up to US$3.4 billion</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\">\nJD Logistics launches Hong Kong IPO to raise up to US$3.4 billion\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\">2021-05-18 14:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.<a href=\"https://www.itiger.com/mi/ipo?feature=Push\" target=\"_blank\"><b>（Click here To apply for the JD Logistics Shares）</b></a><b></b></p><p>JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.</p><p>JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.</p><p><img src=\"https://static.tigerbbs.com/cd9320033ea7302952fa2cb6ece8339a\" tg-width=\"958\" tg-height=\"464\"></p><p>Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.</p><p><img src=\"https://static.tigerbbs.com/b1f72efeb4b54a02dbfe728ebb1099dd\" tg-width=\"958\" tg-height=\"437\"></p><p>JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.</p><p>Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.</p><p>The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.</p><p>BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.</p><p>Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.</p><p>Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.</p><p>Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.</p><p>\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.</p><p>JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.</p><p>Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.</p><p>Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.</p><p>SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.</p><p>Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.</p><p>China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136738931","content_text":"The logistics arm of Chinese e-commerce giant JD.com started marketing its Hong Kong initial public offering (IPO) to retail investors on Monday at a price range of HK$39.36 to HK$43.36 per share, which could see the firm raise as much as HK$26.4 billion (US$3.4 billion) if the deal is priced at the top end.（Click here To apply for the JD Logistics Shares）JD Logistics' public offering will run from Monday to Friday. Its shares are expected to begin trading on the Hong Kong bourse's main board on May 28.JD Logistics plans to sell 609.2 million shares, representing 10 per cent of its enlarged share capital. There is an over-allotment option to sell up to 91.4 million more shares if there is a strong demand.Your application must be for a minimum of 100 Hong Kong Offer Shares and in one of the numbers set out in the table. You are required to pay the amount next to the number you select.JD Logistics' offering is expected to be the second multibillion-dollar IPO on the Hong Kong bourse this year, after Tencent-backed short video platform Kuaishou Technology raised US$6.2 billion in January. The Kuaishou offering was the biggest IPO globally so far this year.Eight cornerstone investors have committed to buy a total of US$1.5 billion worth of JD Logistics shares, which would account for about 39 per cent of its global offering if the deal is priced at the top end.The investors include Softbank, Singapore sovereign wealth fund Temasek Holdings, China Structural Reform Fund and asset managers such as Blackstone, Tiger Global Management and others.BofA Securities, Goldman Sachs and Haitong International are acting as joint sponsors on the transaction, while UBS is serving as a financial adviser.Assuming the deal is priced at the top end, JD Logistics' market capitalisation would be HK$264.1 billion, valuing it higher than ZTO Express.Shanghai-based ZTO, which counts Alibaba Group Holding as one of its shareholders, had a market capitalisation of HK$180.7 billion when it listed in Hong Kong through a secondary listing last September. Alibaba owns the South China Morning Post.Investors will be keen to learn more about JD Logistics' plan to churn out a profit. The Beijing-based firm said in its prospectus that it expects a bigger net loss for this year, after racking up losses of 2.8 billion yuan (US$435 million) in 2018, 2.2 billion yuan in 2019 and 4 billion yuan in 2020.\"As we currently prioritise growth of our business and expansion of our market share over profitability, there can be significant fluctuations in our profitability profile in the near-to-medium term,\" the company said in its draft prospectus.JD Logistics is seeking to differentiate itself from other players, such as ZTO and Yunda Holding, by touting itself as a technology-driven logistic services provider using autonomous mobile robots, sorting robots and self-driving vehicles to enhance delivery speed and accuracy.Pitching the stock sale with a tech angle could help JD Logistics paint a more positive outlook. This is because competition is particularly keen in the express delivery sector, with reports of some newer players offering services at below cost to grab business.Over the past three years, the average revenue per parcel for express delivery companies declined by 50 per cent to 60 per cent owing to intensive market competition, according to Charlie Chen, an analyst at China Renaissance.SF Express, China's top delivery service provider, shocked the market this month after it forecast a first-quarter loss of 1.1 billion yuan, triggering a sell-off of its stock. As of Friday's close, its share price in Shanghai was almost halved from its mid-February peak.Five players - ZTO, YTO Express, STO Express, SF Express and Yunda Holding - account for nearly 80 per cent of China's express delivery service market.China is the biggest logistics market in the world in terms of spending, with total logistics spending reaching 14.9 trillion yuan in 2020. That is expected to increase to 19.3 trillion yuan by 2025, according to data from research firm China Insights Consultancy cited in JD Logistics' prospectus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":879565497,"gmtCreate":1636743447814,"gmtModify":1636743448067,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"But then again Tesla rides on speculation and irrational traders, as well as some strong tech and business fundamentals. A deadly combination if you’re on the short end of the stick, buthere to stay for a long time&nbsp;","listText":"But then again Tesla rides on speculation and irrational traders, as well as some strong tech and business fundamentals. A deadly combination if you’re on the short end of the stick, buthere to stay for a long time&nbsp;","text":"But then again Tesla rides on speculation and irrational traders, as well as some strong tech and business fundamentals. A deadly combination if you’re on the short end of the stick, buthere to stay for a long time","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/879565497","repostId":"1163118124","repostType":4,"repost":{"id":"1163118124","pubTimestamp":1636726239,"share":"https://www.laohu8.com/m/news/1163118124?lang=&edition=full","pubTime":"2021-11-12 22:10","market":"us","language":"en","title":"Tesla: $1 Trillion Of Speculation","url":"https://stock-news.laohu8.com/highlight/detail?id=1163118124","media":"Forbes","summary":"Tesla’s  market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz , which might not even happen.Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global p","content":"<p>Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might&nbsp;not even happen.</p>\n<p>Even if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030.</p>\n<p>This report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation.</p>\n<p><b>Tesla’s Valuation vs. Competitors Makes No Sense</b></p>\n<p>Tesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers combined.</p>\n<p><b>Figure 1:&nbsp;Tesla’s Market Cap Vs. Competitors</b></p>\n<p><img src=\"https://static.tigerbbs.com/fb58977e39c2d0ce868e80de26d098d9\" tg-width=\"925\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>This valuation comes despite Tesla selling less than 1/50th&nbsp;of the vehicles than the combined total sold by the next 10 largest automakers over the trailing twelve months ended the first half of 2021. See Figure 2.</p>\n<p>I cannot conceive of a straight-faced argument for the disconnect between Tesla’s valuation and its vehicle sales compared to its competitors.</p>\n<p><b>Figure 2:&nbsp;Tesla’s Car Sales Vs. Competitors</b></p>\n<p><img src=\"https://static.tigerbbs.com/7fe8de12677dc13fe01f38fbafdcab27\" tg-width=\"946\" tg-height=\"397\" referrerpolicy=\"no-referrer\">* Stellantis sales estimated as Fiat Chrysler and PSA Group’s 2H20 sales and Stellantis’ 1H21 sales. Stellantis was formed as a merger between the two in January 2021.</p>\n<p><b>Is the Hertz Deal Really Worth $100 Billion+ in Market Cap?</b></p>\n<p>Even if Hertz eventually agrees to buy 100,000 Tesla Model 3s, I do not think it is worth the $100 billion in market cap, or $1 million per vehicle, that we saw investors give Tesla’s market cap after the Hertz deal made headlines. Even Elon Musk questioned the surge in share price, noting that the price movement was “strange” given that Tesla is “very much a production ramp problem, not a demand problem.”</p>\n<p>This $100 billion market cap jump makes even less sense in the context of Tesla’s&nbsp;sky-high valuation&nbsp;before the announcement. Clearly, the feasibility of Tesla meeting the sales expectations embedded in its market cap plays no role in its valuation. For those that do care about&nbsp;expectations investing, I did the math and Tesla needs to successfully deliver on 155 Hertz-sized deals to meet the sales implied by a $1.2 trillion market cap.</p>\n<p><b>Will the Hertz Deal Result in Any Profits – If It Goes Through?</b></p>\n<p>After Elon Musk&nbsp;tweeted&nbsp;on November 1, 2021 that “no contract has been signed yet”, the Hertz deal reminds me of another&nbsp;famous tweet: \"am considering taking Tesla private at $420. Funding secured.”</p>\n<p>Even if the deal does go through, the pricing terms are very unclear. Elon insists that no cars will be sold at a discount. Meanwhile, Hertz CEO Mark Fields has made it clear that he is playing the field and working on getting cars from all EV manufacturers on his lot.</p>\n<p>Either Tesla is selling cars at a (large or small) discount, the deal terms are wrong, or the deal does not get done. If the deal gets done, I do not expect it to be profitable. Rental car companies are accustomed to getting discounts for bulk orders, and I see no reason for Hertz to expect to pay list prices on a deal for so many cars.</p>\n<p>At the end of the day, I’m not sure pricing matters because I don't think the Hertz deal gets done. This affair is more about headlines and fueling speculation than doing any real business.</p>\n<p><b>Tesla’s Global Market Share Getting Smaller</b></p>\n<p>Tesla’s first-mover is already eroding, and its market share continues to decline. In the first half of 2021, Tesla sold 14.6% of the EVs&nbsp;sold worldwide&nbsp;compared to 18.8% over the same period in 2020.</p>\n<p>Rising volumes, and falling market share are to be expected in a nascent industry. The problem is that Tesla’s isn’t priced for declining market share. It is priced for massive market share gains, unheard of gains in nearly any industry across the globe, especially in an industry as large and competitive as passenger vehicles.</p>\n<p><b>Reverse DCF Math: Valuation Implies Tesla Will Own 60%+ of the Global Passenger EV Market</b></p>\n<p>At its current average selling price (ASP) of ~$51k, Tesla’s stock price of ~1,200/share implies the firm will sell 16 million vehicles in 2030 (versus ~800k TTM), or 60% of the&nbsp;projected base case global EV passenger vehicle market&nbsp;in 2030. For reference, Adam Jonas, a Morgan Stanley analyst with a price target of $1,600/share, projects Tesla will sell&nbsp;8.1 million vehicles&nbsp;in 2030.</p>\n<p>I think it is unlikely that Tesla will sell such a high volume of vehicles at a $51k ASP, yet the implied vehicle sales based on lower ASPs look even more impractical.</p>\n<p>As detailed in the next section, this analysis assumes Tesla achieves profit margins twice as high as Toyota (TM) and quadruples its current auto manufacturing efficiency. In other words, I aim to provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price.</p>\n<p>Per Figure 3, Tesla’s current valuation implies that, in 2030, it will sell the following number of vehicles based on these ASP benchmarks:</p>\n<ul>\n <li>16 million vehicles – current ASP of $51k</li>\n <li>21 million vehicles – ASP of $38k (average new car price in the U.S. in 2020)</li>\n <li>46 million vehicles – ASP of $17k (equal to General Motors over the TTM)</li>\n</ul>\n<p>If Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 25.8 million in 2030, the&nbsp;base case projection from the IEA):</p>\n<ul>\n <li>60% for 16 million vehicles</li>\n <li>80% for 21 million vehicles</li>\n <li>179% for 46 million vehicles</li>\n</ul>\n<p>If I assume the&nbsp;IEA’s best case&nbsp;for global passenger EV sales in 2030, 46.8 million vehicles, the above vehicle sales represent:</p>\n<ul>\n <li>33% for 16 million vehicles</li>\n <li>44% for 21 million vehicles</li>\n <li>98% for 46 million vehicles</li>\n</ul>\n<p><b>Figure 3:&nbsp;Tesla’s Implied Vehicle Sales in 2030 to Justify Current Valuation</b></p>\n<p><img src=\"https://static.tigerbbs.com/9c6d6230910209d16f55e6e527130d43\" tg-width=\"960\" tg-height=\"376\" referrerpolicy=\"no-referrer\"><b>The Math Shows that Tesla Must be More Profitable Than Apple</b></p>\n<p>Here are the assumptions I use in my&nbsp;reverse discounted cash flow (DCF) model&nbsp;to calculate the implied production levels above.</p>\n<p>To justify its current price of ~$1,200/share, Tesla must:</p>\n<ul>\n <li>immediately achieve a 17.2% NOPAT margin (double Toyota’s margin, which is the highest of the large-scale automakers I cover), compared to Tesla’s TTM margin of 7.7%) and</li>\n <li>grow revenue by 38% compounded annually for the next decade.</li>\n</ul>\n<p>In this&nbsp;scenario, Tesla generates&nbsp;<b>$783 billion</b>&nbsp;in revenue in 2030, which is 102% of the combined revenues of Toyota, General Motors, Ford (F), Honda Motor Corp (HMC), and Stellantis (STLA) over the TTM.</p>\n<p>This scenario also implies Tesla generates $135 billion in net operating profit after-tax (NOPAT) in 2030, or 45% higher than Apple’s (AAPL) TTM NOPAT, which, at $93 billion, is the highest of all&nbsp;companies my firm covers.</p>\n<p><b>TSLA Has 60%+ Downside If Morgan Stanley Is Right About Sales</b></p>\n<p>If I assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $38k, the stock is worth just $483/share. Details:</p>\n<ul>\n <li>NOPAT margin improves to 17.2% and</li>\n <li>revenue grows 27% compounded annually over the next decade, then</li>\n</ul>\n<p>the stock is worth just $483/share today – 60% downside to the current price.&nbsp;See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $60 billion, or nearly 17x its TTM NOPAT, and just 3% below Alphabet’s (GOOGL) TTM NOPAT.</p>\n<p><b>TSLA Has 88%+ Downside Even with 28% Market Share and Realistic Margins</b></p>\n<p>If I estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $148/share. Here’s the math:</p>\n<ul>\n <li>NOPAT margin improves to 8.5% (equal to General Motors’ TTM margin, compared to Tesla’s TTM margin of 7.7%) and</li>\n <li>revenue grows by consensus estimates from 2021-2023 and</li>\n <li>revenue grows 18% a year from 2024-2030, then</li>\n</ul>\n<p>the stock is worth just $148/share today – an 88% downside to the current price.</p>\n<p>In this&nbsp;scenario, Tesla sells 7.2 million cars (at an ASP of 38k) and owns 28% of the global passenger EV market in 2030. If Tesla fails to meet these expectations, then the stock is worth less than $148/share.</p>\n<p>Also, for this scenario, I assume a much more realistic NOPAT margin, 8.5%, for Tesla. Given the expansion required of the business, struggles to be profitable to date, and formidable competition, I think Tesla will be lucky to achieve and sustain a margin as high as 8.5% from 2021-2030.</p>\n<p>Figure 4 compares the firm’s historical NOPAT to the NOPAT implied by its current stock price, the 8.1 million vehicle sales scenario, and the 7.2 million vehicle sales scenario to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, I show Toyota’s, General Motors’, and Apple’s TTM NOPAT.</p>\n<p><b>Figure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios</b></p>\n<p><img src=\"https://static.tigerbbs.com/25d334530f3477d58879490d628fa8ef\" tg-width=\"936\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p>\n<p>Each of the above scenarios assumes Tesla’s&nbsp;invested capital&nbsp;grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 53% compounded annually from 2010-2020 and 29% compounded annually from 2015-2020. Invested capital at the end of 3Q21 grew 21% YoY. Tesla’s property, plant, and equipment has grown even faster, at 58% compounded annually, since 2010.</p>\n<p>A 14% CAGR represents 1/4th&nbsp;the CAGR of Tesla’s property, plant, and equipment since 2010 and assumes the company can build future plants and produce cars 4x more efficiently than it has so far.</p>\n<p>In other words, I aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.</p>\n<p><b>Why Tesla’s $1 Trillion Valuation Is Ridiculous</b></p>\n<p>Now that I’ve shown how high the expectations baked into Tesla’s valuation are, I’ll present some of the many challenges Tesla faces to meet those expectations.</p>\n<p><b>Tesla Remains “Just” a Car Company, Despite Bulls’ Arguments Otherwise.</b>One of the most common arguments bulls make to justify Tesla’s valuation is that the company is more than just a car company. Instead, the argument goes: Tesla is a software, tech, insurance, energy, transportation, “insert any other blank” company. However, the financials bear out a different picture and show the other businesses are more hype than substance. At this point, Tesla is a only car company and generates the entirety of its profits from vehicles.</p>\n<p>Per Figure 5, Tesla generated 88% of revenue from Automotive Sales in 3Q21, which is up from 87% in 3Q20, and above the quarterly average of 86% since 3Q19. For reference, automotive sales made up 87% and 93% of General Motors’ and Ford’s 3Q21 revenue respectively.</p>\n<p><b>Figure 5:&nbsp;Tesla’s Revenue Breakdown: 3Q19 – 3Q21</b></p>\n<p><img src=\"https://static.tigerbbs.com/4b77f52dfd7a9cb05f19a91ac8811919\" tg-width=\"960\" tg-height=\"419\" referrerpolicy=\"no-referrer\">Tesla’s two other segments, Energy generation and storage and Services and other, which make up 12% of revenue in 3Q21, are unprofitable. Over the TTM, Tesla generated $10.8 billion in gross profit. $11.2 billion came from its Automotive segment while Energy generation and storage and Services and other racked up gross losses of $113 million and $263 million. Despite many claims and promises to the contrary over the years, Tesla doesn’t generate gross profit doing anything but selling cars.</p>\n<p><b>Insurance Business Is Not Material.</b>&nbsp;Tesla bulls will also point to Tesla’s insurance business as another way to drive profit growth. I’ve&nbsp;previously covered&nbsp;how Tesla insurance does not have the competitive advantages that bulls ascribe to it and has a long way to go before it can get meaningfully off the ground.</p>\n<p>Even if Tesla’s insurance business gets off the ground, I would not expect it to make much money. For example, from 2004-2006, General Motors generated about $70 per car sold in GAAP net income from its insurance business. If I assume Tesla can generate the same level of business, Tesla insurance would result in just $57 million in GAAP net income based on TTM vehicles sold.</p>\n<p>Bulls will counter that Tesla will be so much better at insurance than GM and that GM is not a good comp. There is no way to know for sure. Nevertheless, I concede that anything is possible, but the likelihood of Tesla’s insurance business being material profit producer is extremely low.</p>\n<p>Regardless of how successful Tesla insurance is, the potential profits from it are nowhere near enough to help to justify the expectations baked into Tesla’s stock price.</p>\n<p><b>Production Capacity Growth Will Require Billions of $.</b>Current and expected production capacities of all known Tesla factories equals ~2.7 million vehicles, or 12.9 million short of the 2030 production implied by its stock price. See Figure 6.</p>\n<p>In other words, despite the new factories coming online, Tesla must spend billions and build many new manufacturing plants before it can approach the capacity needed to sell the number of cars implied by its valuation.</p>\n<p>Given the&nbsp;many issues&nbsp;in ramping production in the past, investors should not assume Tesla can increase its production by 5x without any problems.</p>\n<p><b>Figure 6:&nbsp;Tesla’s Pending Production Shortfall</b></p>\n<p><img src=\"https://static.tigerbbs.com/7d0c946fecb2fd037adac367c7c5b7c2\" tg-width=\"960\" tg-height=\"285\" referrerpolicy=\"no-referrer\">*Projection based on&nbsp;InsideEVs estimate&nbsp;of 600,000 vehicles per year</p>\n<p>**Optimistic assumption based on Texas being Tesla’s biggest factory and&nbsp;possibly the largest factory&nbsp;in the United States</p>\n<p><b>Incumbents Must Fail for Tesla to Meet Growth Expectations.</b>For many years now, incumbent automakers have spent billions of dollars building out their EV offerings. Automakers other than Tesla already account for 85% of&nbsp;global EV sales&nbsp;through the first half of 2021.</p>\n<p>The global EV market is simply not big enough for Tesla to achieve the sales expectations in its valuation unless nearly all of the incumbents reverse course and completely fail to sell EVs.</p>\n<p>Here are the projections from the large incumbent automakers that have provided specific goals for future EV production.</p>\n<ul>\n <li>Volkswagen Group projects that&nbsp;50% of its global sales&nbsp;will be fully electric by 2030</li>\n <li>Stellantis projects&nbsp;70%&nbsp;and&nbsp;40%&nbsp;of its European and North American sales, respectively, will be fully electric by 2030</li>\n <li>Ford&nbsp;projects&nbsp;that 40% of its sales will be fully electric by 2030.</li>\n <li>Toyota&nbsp;projects&nbsp;that it will sell 2 million EVs by 2030</li>\n <li>Honda&nbsp;plans&nbsp;to sell only EVs in China by 2030</li>\n <li>BMW&nbsp;expects&nbsp;at least half its sales to be zero-emission vehicles by 2030</li>\n <li>Daimler, manufacturer of Mercedes Benz,&nbsp;expects&nbsp;half its sales to be “EV and hybrid by 2025”</li>\n <li>General Motors is&nbsp;targeting&nbsp;EV sales of “more than 1 million” by 2025</li>\n <li>Volvo&nbsp;plans&nbsp;to sell only fully electric vehicles by 2030</li>\n <li>Nissan&nbsp;projects&nbsp;40% of U.S. sales to be EVs by 2030</li>\n</ul>\n<p>Based on these projections, I estimate how many EVs each company aims to produce[1]&nbsp;by 2030 and the market share implied by that production as a percentage of&nbsp;base-case global passenger EV sales in 2030.</p>\n<ul>\n <li>Volkswagen Group: 5.5 million, 21% market share</li>\n <li>Stellantis: 3.6 million[2], 14% market share</li>\n <li>Ford: 2.2 million, 9% market share</li>\n <li>Toyota: 2 million, 8% market share</li>\n <li>Honda (in China): 1.5 million, 6% market share</li>\n <li>BMW: 1.3 million, 5% market share</li>\n <li>Mercedes Benz: 1.2+ million, 5% market share</li>\n <li>General Motors: 1+ million, 4% market share</li>\n <li>Volvo: 700,000, 3% market share</li>\n <li>Nissan (in U.S.): 500,000, 2% market share</li>\n <li><b>Total = 19+ million vehicles and 75% market share</b></li>\n</ul>\n<p>These estimates do not include other incumbents and new entrants (e.g. Jaguar Land Rover, NIO Inc. [NIO], Rivian [RIVN], Ludic [LCID] and more) or other Chinese EV makers because I could not find specific projections for EV production. Nevertheless, I am confident that their combined market share will be more than zero.</p>\n<p>The point is that the rest of the world is not planning to stand by, give up existing market share, and let Tesla own majority of the EV market. Many very experienced and successful automakers are spending many multiples of what Tesla is spending to compete in the EV market.</p>\n<p>The bottom line is that it is hard to make a straight-faced argument that Tesla can achieve the sales implied by its valuation in a competitive market.</p>\n<p><b>Incumbents Can Afford to Spend More than Tesla.</b>Incumbents already have infrastructure to produce and sell vehicles at scale, and they are spending billions of dollars to compete in the EV market. Ford, Volkswagen, General Motors, and Stellantis alone are planning to spend at least $280 billion through 2025 and produce over 12 million EVs by 2030.</p>\n<p>Given the huge investments from multiple competitors, I expect the EV market will be extremely competitive, as manufacturers fight for profits and market share. The “winner take all” outcome implied by Tesla’s valuation is extremely unlikely. Perhaps, Bernstein analyst Toni Sacconaghi&nbsp;said it best, “the automotive industry is an increasingly global and hypercompetitive industry and I believe that surplus profits and technology innovation will likely be competed away over time, as has been the case historically.\" In such a market, Tesla cannot achieve the market share implied by its valuation.</p>\n<p>Unlike Tesla, the incumbents generate plenty of free cash flow (FCF) to fund their EV investments and don’t have to dilute existing shareholders to expand EV capacity as Tesla does. For instance, over the last five years, General Motors, Stellantis, and Ford generated a cumulative $12.4 billion, $7.1, and $6.1 billion in free cash flow while Tesla burned -$19.5 billion.</p>\n<p><b>FSD Continues to Overpromise And Underdeliver.</b>Full-self driving (FSD) has been consistently plagued by issues that, unfortunately, have deadly consequences. Industry research provider Guidehouse Insights ranks Tesla last in its&nbsp;2021 ranking&nbsp;of Automated Driver Systems (ADS), and states flatly, “Tesla needs a thorough rethink of its approach to developing ADS. It has overpromised with its marketing for nearly 5 years and severely underdelivered.”</p>\n<p>Per Figure 7, Tesla lags the competition by quite a large margin, as it’s the only company that falls into the \"Followers\" category.</p>\n<p>The most recent problems with Tesla’s FSD version 10.3 forced the company to&nbsp;roll back the update&nbsp;as users reported false crash warnings and other problems with autosteer and cruise control. These issues resulted in Tesla recalling nearly 12,000 vehicles because “a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes,”&nbsp;according&nbsp;to the National Highway Traffic Safety Administration (NHTSA).</p>\n<p>While the roll out of an updated 10.3.1 has restarted, Tesla’s haphazard approach to deploying FSD remains unsettling and led Guidehouse Insights to&nbsp;note, “Tesla’s approach to testing its system is fundamentally at odds with virtually every other company in this industry.”</p>\n<p><b>Figure 7:&nbsp;Tesla Ranks Last Amongst Automated Driver Systems</b></p>\n<p><img src=\"https://static.tigerbbs.com/6ddd92d3ed67347fa0741599f91ce31d\" tg-width=\"919\" tg-height=\"739\" width=\"100%\" height=\"auto\"></p>\n<p>Alphabet’s Waymo&nbsp;routinely&nbsp;ranks as the best automated driving system. Importantly, many of the firms ranked ahead of Tesla are focused solely on building automated driving systems and are not distracted by scaling up automobile production, delivery logistics, and the general day-to-day operations of producing cars. Even so, other direct competitors such as GM Super Cruise also get&nbsp;better scores&nbsp;from&nbsp;third-party organizations.</p>\n<p><b>Increased Regulatory Risk.</b>While Tesla has mysteriously avoided regulatory crackdown on its sales of FSD and practice of beta testing software on live drivers and roads, renewed requests from the NHTSA/National Transportation Safety Board (NTSB) signal that Tesla might be held accountable for practices that many find highly misleading and dangerous to citizens.</p>\n<p>Missy Cummings, recently&nbsp;appointed&nbsp;as senior advisor for safety at the NHTSA, has expressed concerns about Tesla’s FSD in the past, tweeting as far back as 2019 that Tesla’s “autopilot easily cause mode confusion, is unreliable and unsafe” and that “NHTSA should require Tesla turn it off.”</p>\n<p>More recently, Tesla requested “confidential business information treatment” on its responses to a litany of information requests the NHTSA made as part of its investigation into FSD. If approved, the public would likely never see Tesla’s responses to key questions pertaining to Tesla not issuing a recall for Autopilot after multiple accidents involving parked emergency vehicles, the selection criteria for Tesla’s FSD beta testing program, and the non-disclosure agreements Tesla was making drivers sign before they could use the beta system.</p>\n<p>The NHTSA is not alone in criticizing Tesla and its FSD rollout. On October 26, 2021, the head of the U.S. NTSB, Jennifer Homendy, said that Tesla has not yet officially responded to the NTSB regarding its safety recommendations while calling the use of full self-driving ”misleading.” She stated, “my biggest concern is that Tesla is rolling out full self-driving technology in beta on city streets with untrained drivers and they have not addressed our recommendations that we’ve issued as a result of numerous investigations of Tesla crashes.”</p>\n<p><b>Battery Technologies Are Nothing Special.</b>Tesla announced it will be switching to a lithium iron phosphate (LFP) battery in all standard range cars. These batteries are already being used in vehicles built in the Shanghai factory, and this switch is expected to bring down costs. The timing of this change comes as other battery producers, in partnership with incumbent auto manufacturers, are ramping up production, which should drive down battery costs for all EV makers. In other words, the competitive advantages of a cheaper battery may be short-lived, as incumbents build economies of scale in their own supply chain in the coming years.</p>\n<p>Additionally, while the much heralded 4680 cylindrical battery, produced by Panasonic for Tesla, and&nbsp;nearly ready for production, should bring a higher energy density in a more efficient package, competitors’ offerings all aim to provide the same.</p>\n<p>General Motor’s Ultium platform will enable up to 400-450 miles of range, and the firm is building a new battery research facility aimed at building batteries capable of 600 miles on a single charge. General Motors recently announced a joint venture with LG Chem to build a second U.S. battery cell plant, which is&nbsp;expected&nbsp;to have an annual capacity of 35 gigawatt hours, or slightly above the 30 gigawatt hour capacity of its first Lordstown battery plant. Morgan Stanley analyst Adam Jonas&nbsp;noted&nbsp;that the “formation of Ultium/Ultium Cells LLC will prove to be a critical point of strategic differentiation that will ultimately drive value creation for [GM] shareholders.”</p>\n<p>Ford’s Mustang Mach-E became the&nbsp;first electric SUV&nbsp;not made by Tesla to reach an EPA-rated range of up to 300 miles, and the company recently entered a partnership with SK Innovation to build three U.S.-based battery plants to power 1 million EVs annually.</p>\n<p>On its own, LG Chem plans to expand its existing U.S. facilities and build two more plants that will produce both pouch cells used by General Motors, Ford, Jaguar, Audi, Porsche, and more, as well as the cylindrical cells used by Tesla.</p>\n<p>Ultimately, the race for the “perfect” battery is less important than the race to procure battery supplies to build the number of EVs each manufacturer aims to produce in the coming years. The incumbents have proven they can maintain and win a race to procure supplies, and they’ve only been doing it for multiple decades now.</p>\n<p><b>Not All Supply Issues Can Be Coded Away.</b>To its credit, Tesla managed the global chip shortage relatively well by re-writing software to allow the use of alternative chips. However, not all supply issues can be solved via software, as evidenced by the growing wait times for Tesla’s vehicles. As Electrek&nbsp;notes, Tesla recently updated its delivery timelines for new orders, and depending upon specs, some vehicles won’t be delivered until September 2022 if ordered today. New orders for the Model 3 Standard Range Plus, which is Tesla’s cheapest vehicle, are currently on pace to be delivered in May 2022, or seven months from now.</p>\n<p>While certainly not unique to Tesla, extended delivery/wait times give consumers ample time to comparison shop and possibly switch orders to a competitor’s EV that would be available sooner.</p>\n<p>Delivery delays aren’t exclusive to in-production vehicles, but Tesla’s future vehicles as well. The much-hyped Cybertruck has recently been delayed again, this time until at least 2023 (compared to an original late 2021 release), which ultimately gives competitors more time to establish a presence in the EV truck market. I recently outlined the many competitors in the EV truck market in my&nbsp;report on Rivian.</p>\n<p><b>Putting It All Together: Tesla Provides Poor Risk/Reward</b></p>\n<p>Given the challenges ahead for Tesla, coupled with a valuation that implies it will take 60%+ of the global EV market share, I think it is clear: Tesla’s stock offers poor risk/reward.</p>\n<p>Tesla has proven risky to short, but investors need not buy shares today at such an elevated price.</p>\n<p>If you’re buying Tesla at its current valuation, you’re not only betting that it will be the only winner of the electrification of the global automotive fleet, but that it will somehow be twice as profitable as Toyota and achieve at least 60% market share. With anything less than total market domination, TSLA presents large downside risk.</p>","source":"fors","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla: $1 Trillion Of Speculation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: $1 Trillion Of Speculation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb><strong>Forbes</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even ...</p>\n\n<a href=\"https://www.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb\">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.forbes.com/sites/greatspeculations/2021/11/09/tesla-1-trillion-of-speculation/?sh=34ca1f2f77eb","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163118124","content_text":"Tesla’s (TSLA) market cap surpassed the trillion-dollar mark, driven by a post-earnings rally that got a boost from the announcement of a 100,000-vehicle order from Hertz (HTZ), which might not even happen.\nEven if it does come to pass, the Hertz order is a drop in the bucket of growth expectations baked into Tesla’s valuation. Tesla needs 155 Hertz-sized orders to justify the revenue expectations in its stock price. Put another way, the $1.2 trillion valuation implies Tesla owns 60%+ of the entire global passenger EV market and becomes more profitable than Apple (AAPL) by 2030.\nThis report provides objective perspective on how outrageously high the valuation of Tesla stock is and the clear impracticality of the company meeting the expectations baked into its valuation.\nTesla’s Valuation vs. Competitors Makes No Sense\nTesla’s market cap is now greater than the next 10 largest (ranked by market cap) auto manufacturers combined.\nFigure 1: Tesla’s Market Cap Vs. Competitors\n\nThis valuation comes despite Tesla selling less than 1/50th of the vehicles than the combined total sold by the next 10 largest automakers over the trailing twelve months ended the first half of 2021. See Figure 2.\nI cannot conceive of a straight-faced argument for the disconnect between Tesla’s valuation and its vehicle sales compared to its competitors.\nFigure 2: Tesla’s Car Sales Vs. Competitors\n* Stellantis sales estimated as Fiat Chrysler and PSA Group’s 2H20 sales and Stellantis’ 1H21 sales. Stellantis was formed as a merger between the two in January 2021.\nIs the Hertz Deal Really Worth $100 Billion+ in Market Cap?\nEven if Hertz eventually agrees to buy 100,000 Tesla Model 3s, I do not think it is worth the $100 billion in market cap, or $1 million per vehicle, that we saw investors give Tesla’s market cap after the Hertz deal made headlines. Even Elon Musk questioned the surge in share price, noting that the price movement was “strange” given that Tesla is “very much a production ramp problem, not a demand problem.”\nThis $100 billion market cap jump makes even less sense in the context of Tesla’s sky-high valuation before the announcement. Clearly, the feasibility of Tesla meeting the sales expectations embedded in its market cap plays no role in its valuation. For those that do care about expectations investing, I did the math and Tesla needs to successfully deliver on 155 Hertz-sized deals to meet the sales implied by a $1.2 trillion market cap.\nWill the Hertz Deal Result in Any Profits – If It Goes Through?\nAfter Elon Musk tweeted on November 1, 2021 that “no contract has been signed yet”, the Hertz deal reminds me of another famous tweet: \"am considering taking Tesla private at $420. Funding secured.”\nEven if the deal does go through, the pricing terms are very unclear. Elon insists that no cars will be sold at a discount. Meanwhile, Hertz CEO Mark Fields has made it clear that he is playing the field and working on getting cars from all EV manufacturers on his lot.\nEither Tesla is selling cars at a (large or small) discount, the deal terms are wrong, or the deal does not get done. If the deal gets done, I do not expect it to be profitable. Rental car companies are accustomed to getting discounts for bulk orders, and I see no reason for Hertz to expect to pay list prices on a deal for so many cars.\nAt the end of the day, I’m not sure pricing matters because I don't think the Hertz deal gets done. This affair is more about headlines and fueling speculation than doing any real business.\nTesla’s Global Market Share Getting Smaller\nTesla’s first-mover is already eroding, and its market share continues to decline. In the first half of 2021, Tesla sold 14.6% of the EVs sold worldwide compared to 18.8% over the same period in 2020.\nRising volumes, and falling market share are to be expected in a nascent industry. The problem is that Tesla’s isn’t priced for declining market share. It is priced for massive market share gains, unheard of gains in nearly any industry across the globe, especially in an industry as large and competitive as passenger vehicles.\nReverse DCF Math: Valuation Implies Tesla Will Own 60%+ of the Global Passenger EV Market\nAt its current average selling price (ASP) of ~$51k, Tesla’s stock price of ~1,200/share implies the firm will sell 16 million vehicles in 2030 (versus ~800k TTM), or 60% of the projected base case global EV passenger vehicle market in 2030. For reference, Adam Jonas, a Morgan Stanley analyst with a price target of $1,600/share, projects Tesla will sell 8.1 million vehicles in 2030.\nI think it is unlikely that Tesla will sell such a high volume of vehicles at a $51k ASP, yet the implied vehicle sales based on lower ASPs look even more impractical.\nAs detailed in the next section, this analysis assumes Tesla achieves profit margins twice as high as Toyota (TM) and quadruples its current auto manufacturing efficiency. In other words, I aim to provide inarguably best-case scenarios for assessing the expectations reflected in Tesla’s stock price.\nPer Figure 3, Tesla’s current valuation implies that, in 2030, it will sell the following number of vehicles based on these ASP benchmarks:\n\n16 million vehicles – current ASP of $51k\n21 million vehicles – ASP of $38k (average new car price in the U.S. in 2020)\n46 million vehicles – ASP of $17k (equal to General Motors over the TTM)\n\nIf Tesla achieves those EV sales, the implied market share for the company would be the following (assuming global passenger EV sales reach 25.8 million in 2030, the base case projection from the IEA):\n\n60% for 16 million vehicles\n80% for 21 million vehicles\n179% for 46 million vehicles\n\nIf I assume the IEA’s best case for global passenger EV sales in 2030, 46.8 million vehicles, the above vehicle sales represent:\n\n33% for 16 million vehicles\n44% for 21 million vehicles\n98% for 46 million vehicles\n\nFigure 3: Tesla’s Implied Vehicle Sales in 2030 to Justify Current Valuation\nThe Math Shows that Tesla Must be More Profitable Than Apple\nHere are the assumptions I use in my reverse discounted cash flow (DCF) model to calculate the implied production levels above.\nTo justify its current price of ~$1,200/share, Tesla must:\n\nimmediately achieve a 17.2% NOPAT margin (double Toyota’s margin, which is the highest of the large-scale automakers I cover), compared to Tesla’s TTM margin of 7.7%) and\ngrow revenue by 38% compounded annually for the next decade.\n\nIn this scenario, Tesla generates $783 billion in revenue in 2030, which is 102% of the combined revenues of Toyota, General Motors, Ford (F), Honda Motor Corp (HMC), and Stellantis (STLA) over the TTM.\nThis scenario also implies Tesla generates $135 billion in net operating profit after-tax (NOPAT) in 2030, or 45% higher than Apple’s (AAPL) TTM NOPAT, which, at $93 billion, is the highest of all companies my firm covers.\nTSLA Has 60%+ Downside If Morgan Stanley Is Right About Sales\nIf I assume Tesla reaches Morgan Stanley’s estimate of selling 8.1 million cars in 2030 (which implies a 31% share of the global passenger EV market in 2030), at an ASP of $38k, the stock is worth just $483/share. Details:\n\nNOPAT margin improves to 17.2% and\nrevenue grows 27% compounded annually over the next decade, then\n\nthe stock is worth just $483/share today – 60% downside to the current price. See the math behind this reverse DCF scenario. In this scenario, Tesla grows NOPAT to $60 billion, or nearly 17x its TTM NOPAT, and just 3% below Alphabet’s (GOOGL) TTM NOPAT.\nTSLA Has 88%+ Downside Even with 28% Market Share and Realistic Margins\nIf I estimate more reasonable (but still very optimistic) margins and market share achievements for Tesla, the stock is worth just $148/share. Here’s the math:\n\nNOPAT margin improves to 8.5% (equal to General Motors’ TTM margin, compared to Tesla’s TTM margin of 7.7%) and\nrevenue grows by consensus estimates from 2021-2023 and\nrevenue grows 18% a year from 2024-2030, then\n\nthe stock is worth just $148/share today – an 88% downside to the current price.\nIn this scenario, Tesla sells 7.2 million cars (at an ASP of 38k) and owns 28% of the global passenger EV market in 2030. If Tesla fails to meet these expectations, then the stock is worth less than $148/share.\nAlso, for this scenario, I assume a much more realistic NOPAT margin, 8.5%, for Tesla. Given the expansion required of the business, struggles to be profitable to date, and formidable competition, I think Tesla will be lucky to achieve and sustain a margin as high as 8.5% from 2021-2030.\nFigure 4 compares the firm’s historical NOPAT to the NOPAT implied by its current stock price, the 8.1 million vehicle sales scenario, and the 7.2 million vehicle sales scenario to illustrate just how high the expectations baked into Tesla’s stock price remain. For additional context, I show Toyota’s, General Motors’, and Apple’s TTM NOPAT.\nFigure 4: Tesla’s Historical and Implied NOPAT: DCF Valuation Scenarios\n\nEach of the above scenarios assumes Tesla’s invested capital grows 14% compounded annually through 2030. For reference, Tesla’s invested capital grew 53% compounded annually from 2010-2020 and 29% compounded annually from 2015-2020. Invested capital at the end of 3Q21 grew 21% YoY. Tesla’s property, plant, and equipment has grown even faster, at 58% compounded annually, since 2010.\nA 14% CAGR represents 1/4th the CAGR of Tesla’s property, plant, and equipment since 2010 and assumes the company can build future plants and produce cars 4x more efficiently than it has so far.\nIn other words, I aim to provide inarguably best-case scenarios for assessing the expectations for future market share and profits reflected in Tesla’s stock market valuation.\nWhy Tesla’s $1 Trillion Valuation Is Ridiculous\nNow that I’ve shown how high the expectations baked into Tesla’s valuation are, I’ll present some of the many challenges Tesla faces to meet those expectations.\nTesla Remains “Just” a Car Company, Despite Bulls’ Arguments Otherwise.One of the most common arguments bulls make to justify Tesla’s valuation is that the company is more than just a car company. Instead, the argument goes: Tesla is a software, tech, insurance, energy, transportation, “insert any other blank” company. However, the financials bear out a different picture and show the other businesses are more hype than substance. At this point, Tesla is a only car company and generates the entirety of its profits from vehicles.\nPer Figure 5, Tesla generated 88% of revenue from Automotive Sales in 3Q21, which is up from 87% in 3Q20, and above the quarterly average of 86% since 3Q19. For reference, automotive sales made up 87% and 93% of General Motors’ and Ford’s 3Q21 revenue respectively.\nFigure 5: Tesla’s Revenue Breakdown: 3Q19 – 3Q21\nTesla’s two other segments, Energy generation and storage and Services and other, which make up 12% of revenue in 3Q21, are unprofitable. Over the TTM, Tesla generated $10.8 billion in gross profit. $11.2 billion came from its Automotive segment while Energy generation and storage and Services and other racked up gross losses of $113 million and $263 million. Despite many claims and promises to the contrary over the years, Tesla doesn’t generate gross profit doing anything but selling cars.\nInsurance Business Is Not Material. Tesla bulls will also point to Tesla’s insurance business as another way to drive profit growth. I’ve previously covered how Tesla insurance does not have the competitive advantages that bulls ascribe to it and has a long way to go before it can get meaningfully off the ground.\nEven if Tesla’s insurance business gets off the ground, I would not expect it to make much money. For example, from 2004-2006, General Motors generated about $70 per car sold in GAAP net income from its insurance business. If I assume Tesla can generate the same level of business, Tesla insurance would result in just $57 million in GAAP net income based on TTM vehicles sold.\nBulls will counter that Tesla will be so much better at insurance than GM and that GM is not a good comp. There is no way to know for sure. Nevertheless, I concede that anything is possible, but the likelihood of Tesla’s insurance business being material profit producer is extremely low.\nRegardless of how successful Tesla insurance is, the potential profits from it are nowhere near enough to help to justify the expectations baked into Tesla’s stock price.\nProduction Capacity Growth Will Require Billions of $.Current and expected production capacities of all known Tesla factories equals ~2.7 million vehicles, or 12.9 million short of the 2030 production implied by its stock price. See Figure 6.\nIn other words, despite the new factories coming online, Tesla must spend billions and build many new manufacturing plants before it can approach the capacity needed to sell the number of cars implied by its valuation.\nGiven the many issues in ramping production in the past, investors should not assume Tesla can increase its production by 5x without any problems.\nFigure 6: Tesla’s Pending Production Shortfall\n*Projection based on InsideEVs estimate of 600,000 vehicles per year\n**Optimistic assumption based on Texas being Tesla’s biggest factory and possibly the largest factory in the United States\nIncumbents Must Fail for Tesla to Meet Growth Expectations.For many years now, incumbent automakers have spent billions of dollars building out their EV offerings. Automakers other than Tesla already account for 85% of global EV sales through the first half of 2021.\nThe global EV market is simply not big enough for Tesla to achieve the sales expectations in its valuation unless nearly all of the incumbents reverse course and completely fail to sell EVs.\nHere are the projections from the large incumbent automakers that have provided specific goals for future EV production.\n\nVolkswagen Group projects that 50% of its global sales will be fully electric by 2030\nStellantis projects 70% and 40% of its European and North American sales, respectively, will be fully electric by 2030\nFord projects that 40% of its sales will be fully electric by 2030.\nToyota projects that it will sell 2 million EVs by 2030\nHonda plans to sell only EVs in China by 2030\nBMW expects at least half its sales to be zero-emission vehicles by 2030\nDaimler, manufacturer of Mercedes Benz, expects half its sales to be “EV and hybrid by 2025”\nGeneral Motors is targeting EV sales of “more than 1 million” by 2025\nVolvo plans to sell only fully electric vehicles by 2030\nNissan projects 40% of U.S. sales to be EVs by 2030\n\nBased on these projections, I estimate how many EVs each company aims to produce[1] by 2030 and the market share implied by that production as a percentage of base-case global passenger EV sales in 2030.\n\nVolkswagen Group: 5.5 million, 21% market share\nStellantis: 3.6 million[2], 14% market share\nFord: 2.2 million, 9% market share\nToyota: 2 million, 8% market share\nHonda (in China): 1.5 million, 6% market share\nBMW: 1.3 million, 5% market share\nMercedes Benz: 1.2+ million, 5% market share\nGeneral Motors: 1+ million, 4% market share\nVolvo: 700,000, 3% market share\nNissan (in U.S.): 500,000, 2% market share\nTotal = 19+ million vehicles and 75% market share\n\nThese estimates do not include other incumbents and new entrants (e.g. Jaguar Land Rover, NIO Inc. [NIO], Rivian [RIVN], Ludic [LCID] and more) or other Chinese EV makers because I could not find specific projections for EV production. Nevertheless, I am confident that their combined market share will be more than zero.\nThe point is that the rest of the world is not planning to stand by, give up existing market share, and let Tesla own majority of the EV market. Many very experienced and successful automakers are spending many multiples of what Tesla is spending to compete in the EV market.\nThe bottom line is that it is hard to make a straight-faced argument that Tesla can achieve the sales implied by its valuation in a competitive market.\nIncumbents Can Afford to Spend More than Tesla.Incumbents already have infrastructure to produce and sell vehicles at scale, and they are spending billions of dollars to compete in the EV market. Ford, Volkswagen, General Motors, and Stellantis alone are planning to spend at least $280 billion through 2025 and produce over 12 million EVs by 2030.\nGiven the huge investments from multiple competitors, I expect the EV market will be extremely competitive, as manufacturers fight for profits and market share. The “winner take all” outcome implied by Tesla’s valuation is extremely unlikely. Perhaps, Bernstein analyst Toni Sacconaghi said it best, “the automotive industry is an increasingly global and hypercompetitive industry and I believe that surplus profits and technology innovation will likely be competed away over time, as has been the case historically.\" In such a market, Tesla cannot achieve the market share implied by its valuation.\nUnlike Tesla, the incumbents generate plenty of free cash flow (FCF) to fund their EV investments and don’t have to dilute existing shareholders to expand EV capacity as Tesla does. For instance, over the last five years, General Motors, Stellantis, and Ford generated a cumulative $12.4 billion, $7.1, and $6.1 billion in free cash flow while Tesla burned -$19.5 billion.\nFSD Continues to Overpromise And Underdeliver.Full-self driving (FSD) has been consistently plagued by issues that, unfortunately, have deadly consequences. Industry research provider Guidehouse Insights ranks Tesla last in its 2021 ranking of Automated Driver Systems (ADS), and states flatly, “Tesla needs a thorough rethink of its approach to developing ADS. It has overpromised with its marketing for nearly 5 years and severely underdelivered.”\nPer Figure 7, Tesla lags the competition by quite a large margin, as it’s the only company that falls into the \"Followers\" category.\nThe most recent problems with Tesla’s FSD version 10.3 forced the company to roll back the update as users reported false crash warnings and other problems with autosteer and cruise control. These issues resulted in Tesla recalling nearly 12,000 vehicles because “a communication error may cause a false forward-collision warning or unexpected activation of the emergency brakes,” according to the National Highway Traffic Safety Administration (NHTSA).\nWhile the roll out of an updated 10.3.1 has restarted, Tesla’s haphazard approach to deploying FSD remains unsettling and led Guidehouse Insights to note, “Tesla’s approach to testing its system is fundamentally at odds with virtually every other company in this industry.”\nFigure 7: Tesla Ranks Last Amongst Automated Driver Systems\n\nAlphabet’s Waymo routinely ranks as the best automated driving system. Importantly, many of the firms ranked ahead of Tesla are focused solely on building automated driving systems and are not distracted by scaling up automobile production, delivery logistics, and the general day-to-day operations of producing cars. Even so, other direct competitors such as GM Super Cruise also get better scores from third-party organizations.\nIncreased Regulatory Risk.While Tesla has mysteriously avoided regulatory crackdown on its sales of FSD and practice of beta testing software on live drivers and roads, renewed requests from the NHTSA/National Transportation Safety Board (NTSB) signal that Tesla might be held accountable for practices that many find highly misleading and dangerous to citizens.\nMissy Cummings, recently appointed as senior advisor for safety at the NHTSA, has expressed concerns about Tesla’s FSD in the past, tweeting as far back as 2019 that Tesla’s “autopilot easily cause mode confusion, is unreliable and unsafe” and that “NHTSA should require Tesla turn it off.”\nMore recently, Tesla requested “confidential business information treatment” on its responses to a litany of information requests the NHTSA made as part of its investigation into FSD. If approved, the public would likely never see Tesla’s responses to key questions pertaining to Tesla not issuing a recall for Autopilot after multiple accidents involving parked emergency vehicles, the selection criteria for Tesla’s FSD beta testing program, and the non-disclosure agreements Tesla was making drivers sign before they could use the beta system.\nThe NHTSA is not alone in criticizing Tesla and its FSD rollout. On October 26, 2021, the head of the U.S. NTSB, Jennifer Homendy, said that Tesla has not yet officially responded to the NTSB regarding its safety recommendations while calling the use of full self-driving ”misleading.” She stated, “my biggest concern is that Tesla is rolling out full self-driving technology in beta on city streets with untrained drivers and they have not addressed our recommendations that we’ve issued as a result of numerous investigations of Tesla crashes.”\nBattery Technologies Are Nothing Special.Tesla announced it will be switching to a lithium iron phosphate (LFP) battery in all standard range cars. These batteries are already being used in vehicles built in the Shanghai factory, and this switch is expected to bring down costs. The timing of this change comes as other battery producers, in partnership with incumbent auto manufacturers, are ramping up production, which should drive down battery costs for all EV makers. In other words, the competitive advantages of a cheaper battery may be short-lived, as incumbents build economies of scale in their own supply chain in the coming years.\nAdditionally, while the much heralded 4680 cylindrical battery, produced by Panasonic for Tesla, and nearly ready for production, should bring a higher energy density in a more efficient package, competitors’ offerings all aim to provide the same.\nGeneral Motor’s Ultium platform will enable up to 400-450 miles of range, and the firm is building a new battery research facility aimed at building batteries capable of 600 miles on a single charge. General Motors recently announced a joint venture with LG Chem to build a second U.S. battery cell plant, which is expected to have an annual capacity of 35 gigawatt hours, or slightly above the 30 gigawatt hour capacity of its first Lordstown battery plant. Morgan Stanley analyst Adam Jonas noted that the “formation of Ultium/Ultium Cells LLC will prove to be a critical point of strategic differentiation that will ultimately drive value creation for [GM] shareholders.”\nFord’s Mustang Mach-E became the first electric SUV not made by Tesla to reach an EPA-rated range of up to 300 miles, and the company recently entered a partnership with SK Innovation to build three U.S.-based battery plants to power 1 million EVs annually.\nOn its own, LG Chem plans to expand its existing U.S. facilities and build two more plants that will produce both pouch cells used by General Motors, Ford, Jaguar, Audi, Porsche, and more, as well as the cylindrical cells used by Tesla.\nUltimately, the race for the “perfect” battery is less important than the race to procure battery supplies to build the number of EVs each manufacturer aims to produce in the coming years. The incumbents have proven they can maintain and win a race to procure supplies, and they’ve only been doing it for multiple decades now.\nNot All Supply Issues Can Be Coded Away.To its credit, Tesla managed the global chip shortage relatively well by re-writing software to allow the use of alternative chips. However, not all supply issues can be solved via software, as evidenced by the growing wait times for Tesla’s vehicles. As Electrek notes, Tesla recently updated its delivery timelines for new orders, and depending upon specs, some vehicles won’t be delivered until September 2022 if ordered today. New orders for the Model 3 Standard Range Plus, which is Tesla’s cheapest vehicle, are currently on pace to be delivered in May 2022, or seven months from now.\nWhile certainly not unique to Tesla, extended delivery/wait times give consumers ample time to comparison shop and possibly switch orders to a competitor’s EV that would be available sooner.\nDelivery delays aren’t exclusive to in-production vehicles, but Tesla’s future vehicles as well. The much-hyped Cybertruck has recently been delayed again, this time until at least 2023 (compared to an original late 2021 release), which ultimately gives competitors more time to establish a presence in the EV truck market. I recently outlined the many competitors in the EV truck market in my report on Rivian.\nPutting It All Together: Tesla Provides Poor Risk/Reward\nGiven the challenges ahead for Tesla, coupled with a valuation that implies it will take 60%+ of the global EV market share, I think it is clear: Tesla’s stock offers poor risk/reward.\nTesla has proven risky to short, but investors need not buy shares today at such an elevated price.\nIf you’re buying Tesla at its current valuation, you’re not only betting that it will be the only winner of the electrification of the global automotive fleet, but that it will somehow be twice as profitable as Toyota and achieve at least 60% market share. With anything less than total market domination, TSLA presents large downside risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3583106134648492","authorId":"3583106134648492","name":"Frosty4ever","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":3,"crmLevelSwitch":0,"idStr":"3583106134648492","authorIdStr":"3583106134648492"},"content":"there'll always be people trading and gambling when there's money to be made regardless the market. it isn't always rational. first rule don't invest in something with no understanding.","text":"there'll always be people trading and gambling when there's money to be made regardless the market. it isn't always rational. first rule don't invest in something with no understanding.","html":"there'll always be people trading and gambling when there's money to be made regardless the market. it isn't always rational. first rule don't invest in something with no understanding."}],"imageCount":0,"langContent":"CN","totalScore":0},{"id":199491935,"gmtCreate":1620724036427,"gmtModify":1634196830821,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"I think it will go lower&nbsp;","listText":"I think it will go lower&nbsp;","text":"I think it will go lower","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/199491935","repostId":"2134551566","repostType":4,"repost":{"id":"2134551566","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":1620678383,"share":"https://www.laohu8.com/m/news/2134551566?lang=&edition=full","pubTime":"2021-05-11 04:26","market":"us","language":"en","title":"Wall Street closes lower as inflation fears prompt tech sell-off","url":"https://stock-news.laohu8.com/highlight/detail?id=2134551566","media":"Reuters","summary":"* Electric vehicle shares drop after Workhorse miss. * Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%. NEW YORK, May 10  - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leader","content":"<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower as inflation fears prompt tech sell-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes lower as inflation fears prompt tech sell-off\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-11 04:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Electric vehicle shares drop after Workhorse miss</p><p>* Rising commodity prices fuel inflation concerns</p><p>* Tech-related stocks pull Nasdaq lower</p><p>* Indexes down: Dow 0.10%, S&amp;P 1.04%, Nasdaq 2.55%</p><p>NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.</p><p>Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.</p><p>\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"</p><p>A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.</p><p>\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"</p><p>The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities <a href=\"https://laohu8.com/S/TIPS\">$(TIPS)$</a> touched their highest levels since 2011 and 2013, respectively.</p><p>\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.</p><p>Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.</p><p>A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.</p><p>The Dow Jones Industrial Average&nbsp;fell 34.94 points, or 0.1%, to 34,742.82, the S&amp;P 500&nbsp;lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite&nbsp;dropped 350.38 points, or 2.55%, to 13,401.86.</p><p>Of the 11 major sectors in the S&amp;P 500, six closed red. Tech was the biggest loser, sliding 2.5%.</p><p>First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&amp;P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.</p><p>Analysts now see year-on-year S&amp;P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per Refinitiv</p><p>Hotel operator Marriott International Inc&nbsp;missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.</p><p>After the bell, its rival Wynn Resorts Ltd&nbsp;missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.</p><p>Electric vehicle stocks put on the brakes, with Tesla Inc&nbsp;down 6.4% and Fisker&nbsp;off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.</p><p>FireEye&nbsp;rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.</p><p>Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.</p><p><b>Here are</b>&nbsp;<b>company's financial statements</b></p><p><a href=\"https://laohu8.com/NW/2134656364\" target=\"_blank\">Occidental Petroleum loss narrows as crude prices rebound</a></p><p><a href=\"https://laohu8.com/NW/2134406655\" target=\"_blank\">Affirm beats on revenue, sees early recovery in travel spending</a></p><p><a href=\"https://laohu8.com/NW/2134439656\" target=\"_blank\">Yalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued Operations</a></p><p><a href=\"https://laohu8.com/NW/2134564536\" target=\"_blank\">TuSimple Holdings EPS beats by $0.01, misses on revenue</a></p><p><a href=\"https://laohu8.com/NW/2134659571\" target=\"_blank\">Novavax Reports Q1 Loss, Tops Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2134995659\" target=\"_blank\">3D Systems Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/1145839299\" target=\"_blank\">Virgin Galactic shares fall after another quarterly loss, no date set for next spaceflight test</a></p><p><a href=\"https://laohu8.com/NW/1169419141\" target=\"_blank\">Roblox revenue grows 140% in first earnings report since company went public</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134551566","content_text":"* Electric vehicle shares drop after Workhorse miss* Rising commodity prices fuel inflation concerns* Tech-related stocks pull Nasdaq lower* Indexes down: Dow 0.10%, S&P 1.04%, Nasdaq 2.55%NEW YORK, May 10 (Reuters) - Wall Street closed lower on Monday as inflation jitters drove investors away from market-leading growth stocks in favor of cyclicals, which stand to benefit most as the economy reopens.Industrial and healthcare shares limited the Dow's decline but the blue-chip average reversed course late in the session to snap a three-day streak of record closing highs.\"The market leadership is not doing all that well this year,\" said Paul Nolte, portfolio manager at Kingsview Asset Management in Chicago. \"There's been a general rotation away from growth to other parts of the market.\"A demand resurgence is colliding with strained supply of basic materials, helping to fuel inflation worries.\"Once the supply lines are rebuilt this will go away. But it's going to take some time,\" Nolte added. \"It's different from flipping on a light switch.\"The break-even rate on five-year and 10-year U.S. Treasury Inflation-Protected Securities $(TIPS)$ touched their highest levels since 2011 and 2013, respectively.\"There's still some push and pull as to whether the market believes inflation is transitory or something that's going to stick around,\" Nolte said.Inflation concerns will be in the minds of investors when the Labor Department releases its latest CPI report on Wednesday.A shutdown to halt a ransomware attack on the Colonial Pipeline entered its fourth day, hobbling a network which transports nearly half of the East Coast's fuel supplies.The Dow Jones Industrial Average fell 34.94 points, or 0.1%, to 34,742.82, the S&P 500 lost 44.17 points, or 1.04%, to 4,188.43 and the Nasdaq Composite dropped 350.38 points, or 2.55%, to 13,401.86.Of the 11 major sectors in the S&P 500, six closed red. Tech was the biggest loser, sliding 2.5%.First-quarter reporting season has entered the home stretch, with 439 of the companies in the S&P 500 having reported as of Friday. Of those, 87% have beaten consensus expectations, according to Refinitiv IBES.Analysts now see year-on-year S&P earnings growth of 50.4% on aggregate, more than double the rate forecast at the beginning of April and significantly better than the 16% first-quarter growth expected on January 1, per RefinitivHotel operator Marriott International Inc missed quarterly profit and revenue expectations due to weak U.S. bookings which offset a rebound in China. Its shares fell 4.1%.After the bell, its rival Wynn Resorts Ltd missed quarterly earnings and revenue estimates. Its shares were up in after-hours trading.Electric vehicle stocks put on the brakes, with Tesla Inc down 6.4% and Fisker off 9.0% after Workhorse Group    missed quarterly revenue expectations. Workhorse lost 14.9% on the day.FireEye rose 1.2% after industry sources identified the cybersecurity firm as among those helping Colonial Pipeline recover from the recent cyberattack.Declining issues outnumbered advancing ones on the NYSE by a 1.88-to-1 ratio; on Nasdaq, a 3.24-to-1 ratio favored decliners.The S&P 500 posted 223 new 52-week highs and no new lows; the Nasdaq Composite recorded 208 new highs and 148 new lows.Volume on U.S. exchanges was 10.97 billion shares, compared with the 10.20 billion average over the last 20 trading days.Here are company's financial statementsOccidental Petroleum loss narrows as crude prices reboundAffirm beats on revenue, sees early recovery in travel spendingYalla Group Ltd QTRLY Earnings Per Share $0.11 From Continued OperationsTuSimple Holdings EPS beats by $0.01, misses on revenueNovavax Reports Q1 Loss, Tops Revenue Estimates3D Systems Surpasses Q1 Earnings and Revenue EstimatesVirgin Galactic shares fall after another quarterly loss, no date set for next spaceflight testRoblox revenue grows 140% in first earnings report since company went public","news_type":1},"isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":854408276,"gmtCreate":1635471480388,"gmtModify":1635471526626,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"SG market seems to be improving even though the individual sectors’ rentals are still struggling. But i think things may slowly get better in2022&nbsp;","listText":"SG market seems to be improving even though the individual sectors’ rentals are still struggling. But i think things may slowly get better in2022&nbsp;","text":"SG market seems to be improving even though the individual sectors’ rentals are still struggling. But i think things may slowly get better in2022","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/854408276","repostId":"1116236143","repostType":4,"isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":820126645,"gmtCreate":1633360143456,"gmtModify":1633360193950,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Awesome news!! Up and up&nbsp;","listText":"Awesome news!! Up and up&nbsp;","text":"Awesome news!! Up and up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/820126645","repostId":"2172995131","repostType":4,"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":812084764,"gmtCreate":1630541685058,"gmtModify":1631889590336,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"I think AMC will rise back up","listText":"I think AMC will rise back up","text":"I think AMC will rise back up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/812084764","repostId":"2164813412","repostType":2,"isVote":1,"tweetType":1,"viewCount":100,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172030165,"gmtCreate":1626919652257,"gmtModify":1631892317615,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Finally some recovery..","listText":"Finally some recovery..","text":"Finally some recovery..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/172030165","repostId":"1183230556","repostType":4,"isVote":1,"tweetType":1,"viewCount":102,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152443484,"gmtCreate":1625339753648,"gmtModify":1633941433322,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"I agree with these 5 stocks as a defensive play&nbsp;","listText":"I agree with these 5 stocks as a defensive play&nbsp;","text":"I agree with these 5 stocks as a defensive play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/152443484","repostId":"2148280105","repostType":4,"repost":{"id":"2148280105","pubTimestamp":1625272200,"share":"https://www.laohu8.com/m/news/2148280105?lang=&edition=full","pubTime":"2021-07-03 08:30","market":"us","language":"en","title":"Which Stocks To Buy Now? 5 Consumer Discretionary Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=2148280105","media":"StreetInsider","summary":"5 Trending Consumer Discretionary Stocks To Watch Amid Rising Job Numbers \nConsumer discretionary st","content":"<p><b>5 Trending Consumer Discretionary Stocks To Watch Amid Rising Job Numbers </b></p>\n<p>Consumer discretionary stocks could be in focus in the stock market today for several key reasons. Firstly, the June jobs report is in today and the reopening trade could continue to gain. This would be the case as the U.S. economy reportedly added back 850,000 non-farm payrolls throughout June. Notably, the current figures are well above the 720,000 expected by economists. With more consumers getting access to more stable means of income, consumer discretionary spending increases could be worth looking out for. Secondly, star investor Michael Burry from \"The Big Short\" recently took a shot at the meme stocks trade. Burry believes that Reddit-favored meme stocks are set to crash in the short term. Should this be the case, I could see investors turning towards consumer discretionary stocks. After all, they often have less social media hype but cater to the same consumer markets nonetheless.</p>\n<p>If anything, there are numerous consumer discretionary names to choose from across the board now. Whether it is pandemic winners like Roku (NASDAQ: ROKU) or reopening plays such as Tripadvisor (NASDAQ: TRIP), options are plentiful. On <a href=\"https://laohu8.com/S/AONE\">one</a> hand, the shift from cable television to streaming would benefit streaming giants like Roku. On the other hand, increased demand for travel services post-pandemic would fuel investor interest in the likes of Tripadvisor. Now, both company's shares are looking at gains of over 100% in the past year. With all this activity in the consumer discretionary space, you might be keen to invest in some top names yourself. In that case, here are five consumer discretionary stocks to know in the stock market<b> </b>now.</p>\n<p><b>Top Consumer Discretionary Stocks To Watch</b></p>\n<ul>\n <li><b>Amazon.com Inc. </b>(NASDAQ: AMZN)</li>\n <li><b>Apple Inc. </b>(NASDAQ: AAPL)</li>\n <li><b>Carnival Corporation </b>(NYSE: CCL)</li>\n <li><b>Ford Inc. </b>(NYSE: F)</li>\n <li><b>Walt Disney Company </b>(NYSE: DIS)</li>\n</ul>\n<p><b>Amazon Inc. </b></p>\n<p>Amazon is a multinational tech company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the largest e-commerce platforms in the world, with over $108.5 billion in net sales in its first quarter. Aside from its e-commerce business, the company is also one of the largest live-streaming and cloud computing platforms. AMZN stock currently trades at $3510.98</p>\n<p>On June 28, 2021, the company was named Swisscom's preferred public cloud provider to accelerate its digital transformation strategy and move towards a cloud-native 5G network. Swisscom is Switzerland's leading telecoms company. In detail, Swisscom will be pursuing a cloud-first strategy and will use AWS to accelerate IT agility, drive operational efficiencies, and accelerate time to market. All things considered, will you buy AMZN stock?</p>\n<p><img src=\"https://stockmarket.com/wp-content/uploads/2021/07/AMZN-Stock.jpg\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p>\n<p><b>Apple Inc.</b></p>\n<p>Apple is a consumer discretionary company that specializes in consumer electronics, software, and online services. It is one of the world's largest technology companies by revenue and also one of the most valuable. The company has a very strong brand loyalty for its premium tech products like the iPhone and Macbook. In a news report by Nikkei Asia, Apple will be one of the first adopters of Taiwan Semiconductor Manufacturing Co's next-generation chip production technology ahead of its deployment next year. The company is currently testing its test designs with TSMC's 3-nm production technology.</p>\n<p>In late April, the company also announced record financial results for its second quarter. Firstly, it posted a March quarter record revenue of $89.6 billion, up by 54% year-over-year. Secondly, the company also reported quarterly earnings per diluted share of $1.40. Luca Maestri, Apple's CFO had this to say, \"<i>These results allowed us to generate operating cash flow of $24 billion and return nearly $23 billion to shareholders during the quarter. We are confident in our future and continue to make significant investments to support our long-term plans and enrich our customers' lives.</i>\" Given the impressive quarter, will you consider buying AAPL stock?</p>\n<p><img src=\"https://stockmarket.com/wp-content/uploads/2021/07/AAPL-stock.jpg\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p>\n<p><b>Carnival Corporation</b></p>\n<p>Carnival is a leading cruise and leisure travel company. Its portfolio of global cruise line brands includes Costa Cruises and AIDA Cruises. It is, in fact, the world's largest cruise company with a fleet of over 80 ships with the capacity to visit over 700 ports around the world. The company also plans to include a total of 16 new ships that are scheduled to be delivered to Carnival's brands through 2025. CCL stock currently trades at $26.06 a share.</p>\n<p>Recently, two of Carnival's ships will be restarting cruises this weekend. Namely, they are Carnival <a href=\"https://laohu8.com/S/VGL.AU\">Vista</a> and Carnival Horizon. This would be a good sign for the company and industry in general as vaccination rollout continues to take place all over the world. In the company's second-quarter financials in June, it provided a business update signaling an aggressive plan to return to full operations by next spring. Carnival says that it has announced 42 ships so far, representing over half of its capacity that has been scheduled to return to serving guests by this fiscal year-end. With this in mind, should you consider buying CCL stock?</p>\n<p><img src=\"https://stockmarket.com/wp-content/uploads/2021/07/CCL-stock.jpg\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p>\n<p><b>Ford Motor Company</b></p>\n<p>Ford is a multinational automaker that is headquartered in Detroit. In essence, the company sells automobile and commercial vehicles under its Ford brand and most luxury cars in the Lincoln brand. It also has joint ventures in China, Thailand, and Russia among others. The company unveiled its Ford+ plan in May to transition to zero-emission electric vehicles (EV). It expects 40% of all its global vehicle volume to be all-electric by 2030. F stock currently trades at $14.93 as of Friday's closing bell.</p>\n<p>Earlier today, the company released its June sales figures. Admittedly, Ford's overall sales came in below analysts' expectations. However, this includes both its conventional combustion engine vehicle and its EV sales. Regarding its EV division, Ford continues to see massive momentum now. To highlight, the company revealed that it's June EV vehicle sales are up by 117% year-over-year. Ideally, these encouraging figures could support Ford's plans to electrify its entire portfolio by 2030. Given all of this, would you consider F stock worth owning now?</p>\n<p><img src=\"https://stockmarket.com/wp-content/uploads/2021/07/F-stock.jpg\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS</p>\n<p><b>Walt Disney Company</b></p>\n<p>Topping off our list today is the Walt Disney Company. Now, few companies can boast a consumer-focused portfolio as legendary as Disney's. When it comes to mass media entertainment, Disney is arguably an industry titan. From its timeless fairy tale classics to its modern-day star-studded IPs, Disney caters to consumers of all ages. More importantly, the company knows how to make the most of its massive media library in today's market. Evidently, Disney continues to bolster operations in both its tourism and video streaming divisions now.</p>\n<p>For starters, Disney revealed that it will be bringing back its early entry park tickets for resort guests starting October. This would line up nicely with the park's 50th-anniversary celebration. It seems that Disney is more than keen to open its doors to eager tourists now. At the same time, the company's Disney+ boasts an impressive line-up of new releases this month as well. Namely, viewers will be treated to more content from Disney's ongoing Marvel and Star Wars-related series. On top of that, the next Marvel blockbuster movie, Black Widow will also be premiering on the platform. Overall, Disney is making plays on both stay-at-home and reopening trends in the consumer market today. Would this make DIS stock a top buy for you now?</p>\n<p><img src=\"https://stockmarket.com/wp-content/uploads/2021/07/DIS-stock.jpg\" referrerpolicy=\"no-referrer\">Source: TD Ameritrade TOS<img src=\"https://static.tigerbbs.com/5ccacb26412d87d32e37c8b093dc9ca2\" tg-width=\"1\" tg-height=\"1\" referrerpolicy=\"no-referrer\"></p>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Which Stocks To Buy Now? 5 Consumer Discretionary Stocks To Watch</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\">\nWhich Stocks To Buy Now? 5 Consumer Discretionary Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 08:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18641758><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>5 Trending Consumer Discretionary Stocks To Watch Amid Rising Job Numbers \nConsumer discretionary stocks could be in focus in the stock market today for several key reasons. Firstly, the June jobs ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18641758\">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","CCL":"嘉年华邮轮","DIS":"迪士尼"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18641758","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148280105","content_text":"5 Trending Consumer Discretionary Stocks To Watch Amid Rising Job Numbers \nConsumer discretionary stocks could be in focus in the stock market today for several key reasons. Firstly, the June jobs report is in today and the reopening trade could continue to gain. This would be the case as the U.S. economy reportedly added back 850,000 non-farm payrolls throughout June. Notably, the current figures are well above the 720,000 expected by economists. With more consumers getting access to more stable means of income, consumer discretionary spending increases could be worth looking out for. Secondly, star investor Michael Burry from \"The Big Short\" recently took a shot at the meme stocks trade. Burry believes that Reddit-favored meme stocks are set to crash in the short term. Should this be the case, I could see investors turning towards consumer discretionary stocks. After all, they often have less social media hype but cater to the same consumer markets nonetheless.\nIf anything, there are numerous consumer discretionary names to choose from across the board now. Whether it is pandemic winners like Roku (NASDAQ: ROKU) or reopening plays such as Tripadvisor (NASDAQ: TRIP), options are plentiful. On one hand, the shift from cable television to streaming would benefit streaming giants like Roku. On the other hand, increased demand for travel services post-pandemic would fuel investor interest in the likes of Tripadvisor. Now, both company's shares are looking at gains of over 100% in the past year. With all this activity in the consumer discretionary space, you might be keen to invest in some top names yourself. In that case, here are five consumer discretionary stocks to know in the stock market now.\nTop Consumer Discretionary Stocks To Watch\n\nAmazon.com Inc. (NASDAQ: AMZN)\nApple Inc. (NASDAQ: AAPL)\nCarnival Corporation (NYSE: CCL)\nFord Inc. (NYSE: F)\nWalt Disney Company (NYSE: DIS)\n\nAmazon Inc. \nAmazon is a multinational tech company that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It is one of the largest e-commerce platforms in the world, with over $108.5 billion in net sales in its first quarter. Aside from its e-commerce business, the company is also one of the largest live-streaming and cloud computing platforms. AMZN stock currently trades at $3510.98\nOn June 28, 2021, the company was named Swisscom's preferred public cloud provider to accelerate its digital transformation strategy and move towards a cloud-native 5G network. Swisscom is Switzerland's leading telecoms company. In detail, Swisscom will be pursuing a cloud-first strategy and will use AWS to accelerate IT agility, drive operational efficiencies, and accelerate time to market. All things considered, will you buy AMZN stock?\nSource: TD Ameritrade TOS\nApple Inc.\nApple is a consumer discretionary company that specializes in consumer electronics, software, and online services. It is one of the world's largest technology companies by revenue and also one of the most valuable. The company has a very strong brand loyalty for its premium tech products like the iPhone and Macbook. In a news report by Nikkei Asia, Apple will be one of the first adopters of Taiwan Semiconductor Manufacturing Co's next-generation chip production technology ahead of its deployment next year. The company is currently testing its test designs with TSMC's 3-nm production technology.\nIn late April, the company also announced record financial results for its second quarter. Firstly, it posted a March quarter record revenue of $89.6 billion, up by 54% year-over-year. Secondly, the company also reported quarterly earnings per diluted share of $1.40. Luca Maestri, Apple's CFO had this to say, \"These results allowed us to generate operating cash flow of $24 billion and return nearly $23 billion to shareholders during the quarter. We are confident in our future and continue to make significant investments to support our long-term plans and enrich our customers' lives.\" Given the impressive quarter, will you consider buying AAPL stock?\nSource: TD Ameritrade TOS\nCarnival Corporation\nCarnival is a leading cruise and leisure travel company. Its portfolio of global cruise line brands includes Costa Cruises and AIDA Cruises. It is, in fact, the world's largest cruise company with a fleet of over 80 ships with the capacity to visit over 700 ports around the world. The company also plans to include a total of 16 new ships that are scheduled to be delivered to Carnival's brands through 2025. CCL stock currently trades at $26.06 a share.\nRecently, two of Carnival's ships will be restarting cruises this weekend. Namely, they are Carnival Vista and Carnival Horizon. This would be a good sign for the company and industry in general as vaccination rollout continues to take place all over the world. In the company's second-quarter financials in June, it provided a business update signaling an aggressive plan to return to full operations by next spring. Carnival says that it has announced 42 ships so far, representing over half of its capacity that has been scheduled to return to serving guests by this fiscal year-end. With this in mind, should you consider buying CCL stock?\nSource: TD Ameritrade TOS\nFord Motor Company\nFord is a multinational automaker that is headquartered in Detroit. In essence, the company sells automobile and commercial vehicles under its Ford brand and most luxury cars in the Lincoln brand. It also has joint ventures in China, Thailand, and Russia among others. The company unveiled its Ford+ plan in May to transition to zero-emission electric vehicles (EV). It expects 40% of all its global vehicle volume to be all-electric by 2030. F stock currently trades at $14.93 as of Friday's closing bell.\nEarlier today, the company released its June sales figures. Admittedly, Ford's overall sales came in below analysts' expectations. However, this includes both its conventional combustion engine vehicle and its EV sales. Regarding its EV division, Ford continues to see massive momentum now. To highlight, the company revealed that it's June EV vehicle sales are up by 117% year-over-year. Ideally, these encouraging figures could support Ford's plans to electrify its entire portfolio by 2030. Given all of this, would you consider F stock worth owning now?\nSource: TD Ameritrade TOS\nWalt Disney Company\nTopping off our list today is the Walt Disney Company. Now, few companies can boast a consumer-focused portfolio as legendary as Disney's. When it comes to mass media entertainment, Disney is arguably an industry titan. From its timeless fairy tale classics to its modern-day star-studded IPs, Disney caters to consumers of all ages. More importantly, the company knows how to make the most of its massive media library in today's market. Evidently, Disney continues to bolster operations in both its tourism and video streaming divisions now.\nFor starters, Disney revealed that it will be bringing back its early entry park tickets for resort guests starting October. This would line up nicely with the park's 50th-anniversary celebration. It seems that Disney is more than keen to open its doors to eager tourists now. At the same time, the company's Disney+ boasts an impressive line-up of new releases this month as well. Namely, viewers will be treated to more content from Disney's ongoing Marvel and Star Wars-related series. On top of that, the next Marvel blockbuster movie, Black Widow will also be premiering on the platform. Overall, Disney is making plays on both stay-at-home and reopening trends in the consumer market today. Would this make DIS stock a top buy for you now?\nSource: TD Ameritrade TOS","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134906888,"gmtCreate":1622197425244,"gmtModify":1634182945279,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/134906888","repostId":"1123515893","repostType":4,"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199493367,"gmtCreate":1620723996259,"gmtModify":1634196831280,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Should buy now? Like if you agree, comment if&nbsp;you don’t&nbsp;","listText":"Should buy now? Like if you agree, comment if&nbsp;you don’t&nbsp;","text":"Should buy now? Like if you agree, comment if you don’t","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/199493367","repostId":"1169122046","repostType":4,"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":822195090,"gmtCreate":1634098730071,"gmtModify":1634098730792,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"I think this is a caution for shorting these stocks, but at the same time, for new entries to beware that the increase is not based on the rationaleundamentals of the stock so don’t put everything into one basket","listText":"I think this is a caution for shorting these stocks, but at the same time, for new entries to beware that the increase is not based on the rationaleundamentals of the stock so don’t put everything into one basket","text":"I think this is a caution for shorting these stocks, but at the same time, for new entries to beware that the increase is not based on the rationaleundamentals of the stock so don’t put everything into one basket","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/822195090","repostId":"1107758297","repostType":4,"repost":{"id":"1107758297","pubTimestamp":1634088266,"share":"https://www.laohu8.com/m/news/1107758297?lang=&edition=full","pubTime":"2021-10-13 09:24","market":"us","language":"en","title":"What Is A Short Squeeze And What Is Going On In GameStop, AMC","url":"https://stock-news.laohu8.com/highlight/detail?id=1107758297","media":"investors","summary":"What is it that can put a stock on a meteoric rise? This year, we have seen a number of stocks make ","content":"<p>What is it that can put a stock on a meteoric rise? This year, we have seen a number of stocks make truly staggering jumps, doubling in price on consecutive days. There are several factors that are contributing to these gargantuan moves, but one is surely the classic short squeeze.</p>\n<p>While there are some new factors at play in the markets today, the short squeeze has been around as long as shorting stock.</p>\n<p>What Is A Short Squeeze</p>\n<p>Here is how the short squeeze works. If traders think a stock's price is going lower, they canshort the stock. They borrow shares and sell them, with the intent of buying them back at lower prices.</p>\n<p>This is mostly done by institutional investors, like hedge funds, given the risks and the margin required.</p>\n<p>And there are big risks. Stocks can theoretically go up infinitely. So a&nbsp;trader who is short&nbsp;can face theoretically infinite losses.</p>\n<p>Some stocks attract&nbsp;very high short interest, which can be viewed as the amount of shares sold short as a percentage of float, or how much stock has been issued that is available for trading.</p>\n<p>The problem comes if the stock prices starts to rise quickly. Those that are short the stock will likely receive a margin call. They either have to put more money up to secure their position or close their positions.</p>\n<p>If they choose to — or are forced to — close their position, they are buying the stock to close out their position. This can push the price higher and force other short sellers to do the same. This creates a reinforcing loop of buying and pushing the price higher. This is the short squeeze, as those short the market get \"squeezed\" out.</p>\n<p>Short Squeeze Stocks: GME</p>\n<p>This is definitely part of what was happening in&nbsp;<b>GameStop</b>(GME) stock. In August of 2020, GME stock was trading for around 4.</p>\n<p>Shares steadily climbed higher to close out 2020 just under 20 on the back of some big name investors taking stakes in the company. This attracted the short sellers, notably some big hedge funds. Then, on Jan. 13, the stock jumped to hit a high of almost 40 on huge volume.</p>\n<p>That was surely the start of the short squeeze. That 40 level held for about a week. On Jan. 22, the stock jumped again, trading above 70 on the biggest volume day up to that point.</p>\n<p>The next day the stock hit a high of almost 160 with similar action the next day. Then on Jan. 27 the stock doubled again, trading up to 380. The Jan. 28 high was 483.</p>\n<p>While short squeezes are nothing new, this action is unprecedented. The action is certainly partly stock buying by the Reddit group wallstreetbets.</p>\n<p>And while many are cheering that the little retail traders are beating up the big institutional shorts, it is pretty clear that other institutions are also in on this buying. Stories have popped up about Michael Burry's gains on GME stock and Elon Musk was tweeting about it.</p>\n<p>Hedge Fund Losses</p>\n<p>There are some big losses in this squeeze.</p>\n<p>Two funds in particular have been hard hit. Citron Research and Melvin Capital have reportedly suffered huge losses.</p>\n<p>Melvin is down 30% in 2021 on the back of a GME stock short position. It turned to Steven Cohen of Point72 Capital and Chicago-based Citadel to bail it out.</p>\n<p>The short squeeze is usually something inflicted by one hedge fund on another.</p>\n<p>This is really the first time we have seen such trading instigated by a band of retail traders.</p>\n<p>Options Trading Is Also A Big Factor</p>\n<p>Another piece of this story's plot is the fact that much of the trading in GME and other names like&nbsp;<b>AMC Entertainment</b>(AMC) and&nbsp;<b>BlackBerry</b>(BB) is actually taking place in the&nbsp;options market.</p>\n<p>Bullish call buying instead of buying the stock is attractive here because of the leverage it provides and the fact that the positions are limited risk.</p>\n<p>Calls are contracts that give the right to buy the underlying stock for a given price (strike price) until the expiration date.</p>\n<p>The most that can be lost is the premium paid for the calls.</p>\n<p>Buying calls requires much less capital, so bigger positions can be taken by small traders.</p>\n<p>This actually adds to the short squeeze effect.</p>\n<p>When retail traders buy calls, it is market makers that sell them.</p>\n<p>The market makers don't want the risk of being short calls, so they do something called delta hedging.</p>\n<p>What Is Delta Hedging, And Why It Matters In A Short Squeeze</p>\n<p>Delta hedging calls requires the market makers to buy stock. And because of the nature of calls, when the price of the underlying stock goes up, the market makers have to buy more stock to stay hedged.</p>\n<p>We might call this the call option squeeze.</p>\n<p>The problem is that these moves are not based on any fundamental changes in the stocks.</p>\n<p>Not much has changed for GME stock since it was a $4 stock, and certainly not since it was a $16 stock.</p>\n<p>Brokerage firms are very concerned about the volatility of these moves, as they know they may face losses if customers can't cover positions. They started limiting the positions that can be taken in some of these names.</p>\n<p>That news came on Jan. 28, which saw GameStop stock price range from over 500 to below 115.</p>\n<p>This is a trade you wanted to watch out for. While some hedge funds were hurt and some retail traders made fortunes — at least on paper — this still may end badly.</p>\n<p>The helium holding these stocks up would not last forever.</p>","source":"lsy1610449120050","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What Is A Short Squeeze And What Is Going On In GameStop, AMC</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat Is A Short Squeeze And What Is Going On In GameStop, AMC\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-13 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.investors.com/how-to-invest/investors-corner/short-squeeze/?src=A00220><strong>investors</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What is it that can put a stock on a meteoric rise? This year, we have seen a number of stocks make truly staggering jumps, doubling in price on consecutive days. There are several factors that are ...</p>\n\n<a href=\"https://www.investors.com/how-to-invest/investors-corner/short-squeeze/?src=A00220\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"https://www.investors.com/how-to-invest/investors-corner/short-squeeze/?src=A00220","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107758297","content_text":"What is it that can put a stock on a meteoric rise? This year, we have seen a number of stocks make truly staggering jumps, doubling in price on consecutive days. There are several factors that are contributing to these gargantuan moves, but one is surely the classic short squeeze.\nWhile there are some new factors at play in the markets today, the short squeeze has been around as long as shorting stock.\nWhat Is A Short Squeeze\nHere is how the short squeeze works. If traders think a stock's price is going lower, they canshort the stock. They borrow shares and sell them, with the intent of buying them back at lower prices.\nThis is mostly done by institutional investors, like hedge funds, given the risks and the margin required.\nAnd there are big risks. Stocks can theoretically go up infinitely. So a trader who is short can face theoretically infinite losses.\nSome stocks attract very high short interest, which can be viewed as the amount of shares sold short as a percentage of float, or how much stock has been issued that is available for trading.\nThe problem comes if the stock prices starts to rise quickly. Those that are short the stock will likely receive a margin call. They either have to put more money up to secure their position or close their positions.\nIf they choose to — or are forced to — close their position, they are buying the stock to close out their position. This can push the price higher and force other short sellers to do the same. This creates a reinforcing loop of buying and pushing the price higher. This is the short squeeze, as those short the market get \"squeezed\" out.\nShort Squeeze Stocks: GME\nThis is definitely part of what was happening in GameStop(GME) stock. In August of 2020, GME stock was trading for around 4.\nShares steadily climbed higher to close out 2020 just under 20 on the back of some big name investors taking stakes in the company. This attracted the short sellers, notably some big hedge funds. Then, on Jan. 13, the stock jumped to hit a high of almost 40 on huge volume.\nThat was surely the start of the short squeeze. That 40 level held for about a week. On Jan. 22, the stock jumped again, trading above 70 on the biggest volume day up to that point.\nThe next day the stock hit a high of almost 160 with similar action the next day. Then on Jan. 27 the stock doubled again, trading up to 380. The Jan. 28 high was 483.\nWhile short squeezes are nothing new, this action is unprecedented. The action is certainly partly stock buying by the Reddit group wallstreetbets.\nAnd while many are cheering that the little retail traders are beating up the big institutional shorts, it is pretty clear that other institutions are also in on this buying. Stories have popped up about Michael Burry's gains on GME stock and Elon Musk was tweeting about it.\nHedge Fund Losses\nThere are some big losses in this squeeze.\nTwo funds in particular have been hard hit. Citron Research and Melvin Capital have reportedly suffered huge losses.\nMelvin is down 30% in 2021 on the back of a GME stock short position. It turned to Steven Cohen of Point72 Capital and Chicago-based Citadel to bail it out.\nThe short squeeze is usually something inflicted by one hedge fund on another.\nThis is really the first time we have seen such trading instigated by a band of retail traders.\nOptions Trading Is Also A Big Factor\nAnother piece of this story's plot is the fact that much of the trading in GME and other names like AMC Entertainment(AMC) and BlackBerry(BB) is actually taking place in the options market.\nBullish call buying instead of buying the stock is attractive here because of the leverage it provides and the fact that the positions are limited risk.\nCalls are contracts that give the right to buy the underlying stock for a given price (strike price) until the expiration date.\nThe most that can be lost is the premium paid for the calls.\nBuying calls requires much less capital, so bigger positions can be taken by small traders.\nThis actually adds to the short squeeze effect.\nWhen retail traders buy calls, it is market makers that sell them.\nThe market makers don't want the risk of being short calls, so they do something called delta hedging.\nWhat Is Delta Hedging, And Why It Matters In A Short Squeeze\nDelta hedging calls requires the market makers to buy stock. And because of the nature of calls, when the price of the underlying stock goes up, the market makers have to buy more stock to stay hedged.\nWe might call this the call option squeeze.\nThe problem is that these moves are not based on any fundamental changes in the stocks.\nNot much has changed for GME stock since it was a $4 stock, and certainly not since it was a $16 stock.\nBrokerage firms are very concerned about the volatility of these moves, as they know they may face losses if customers can't cover positions. They started limiting the positions that can be taken in some of these names.\nThat news came on Jan. 28, which saw GameStop stock price range from over 500 to below 115.\nThis is a trade you wanted to watch out for. While some hedge funds were hurt and some retail traders made fortunes — at least on paper — this still may end badly.\nThe helium holding these stocks up would not last forever.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":158666576,"gmtCreate":1625148085195,"gmtModify":1633944258341,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Awesome!","listText":"Awesome!","text":"Awesome!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/158666576","repostId":"1175411154","repostType":4,"repost":{"id":"1175411154","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":1625146583,"share":"https://www.laohu8.com/m/news/1175411154?lang=&edition=full","pubTime":"2021-07-01 21:36","market":"us","language":"en","title":"EV Stocks surged in Thursday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1175411154","media":"Tiger Newspress","summary":"EV Stocks surged in Thursday morning trading on Due to vehicle delivery.Tesla,Nio,Xpeng Motors and L","content":"<p>EV Stocks surged in Thursday morning trading&nbsp;on Due to vehicle delivery.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/a850dc2f94b465cace256883ee0685a8\" tg-width=\"371\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year;</p>\n<p>Xpeng&nbsp;delivered&nbsp;6,565 vehicles in June 2021, a record month with a 617% increase year-over-year;</p>\n<p>Wall Street expects&nbsp;Tesla Inc. to report deliveries of roughly 200,000 vehicles in the latest quarter, which would be a milestone for the electric-car makerled by Chief Executive Officer Elon Musk.</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>EV Stocks surged in Thursday morning trading</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\">\nEV Stocks surged in Thursday morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-07-01 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>EV Stocks surged in Thursday morning trading&nbsp;on Due to vehicle delivery.Tesla,Nio,Xpeng Motors and Li Auto&nbsp;climbed between 1% and 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/a850dc2f94b465cace256883ee0685a8\" tg-width=\"371\" tg-height=\"309\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year;</p>\n<p>Xpeng&nbsp;delivered&nbsp;6,565 vehicles in June 2021, a record month with a 617% increase year-over-year;</p>\n<p>Wall Street expects&nbsp;Tesla Inc. to report deliveries of roughly 200,000 vehicles in the latest quarter, which would be a milestone for the electric-car makerled by Chief Executive Officer Elon Musk.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来","XPEV":"小鹏汽车","TSLA":"特斯拉","LI":"理想汽车"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175411154","content_text":"EV Stocks surged in Thursday morning trading on Due to vehicle delivery.Tesla,Nio,Xpeng Motors and Li Auto climbed between 1% and 6%.\n\nNIO delivered 8,083 vehicles in June 2021, increasing by 116.1% year-over-year;\nXpeng delivered 6,565 vehicles in June 2021, a record month with a 617% increase year-over-year;\nWall Street expects Tesla Inc. to report deliveries of roughly 200,000 vehicles in the latest quarter, which would be a milestone for the electric-car makerled by Chief Executive Officer Elon Musk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129606016,"gmtCreate":1624370080935,"gmtModify":1634007146792,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"How can they report higher?","listText":"How can they report higher?","text":"How can they report higher?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/129606016","repostId":"1164714575","repostType":4,"repost":{"id":"1164714575","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":1624369315,"share":"https://www.laohu8.com/m/news/1164714575?lang=&edition=full","pubTime":"2021-06-22 21:41","market":"us","language":"en","title":"Plug Power moves higher following mixed Q1 results","url":"https://stock-news.laohu8.com/highlight/detail?id=1164714575","media":"Tiger Newspress","summary":"(June 22) Plug Power had a mixed earnings report, missing on its bottom line but reporting better-th","content":"<p>(June 22)&nbsp;Plug Power had a mixed earnings report, missing on its bottom line but reporting better-than-expected quarterly revenue. Still, shares edged higher in morning trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/18c95193b7e71aa70fb34e84ee562115\" tg-width=\"658\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Plug Power Missed Earnings Estimates. Why Its Stock Is Gaining？</b></p>\n<p>Hydrogen fuel cell technology provider Plug Power reported somewhat disappointing first-quarter earnings on Tuesday. Its stock is rising anyway in premarket trading.</p>\n<p>The report signals things are calming down at the company, after results were delayed by accounting issues.</p>\n<p>Plug (ticker: PLUG) reported a loss of 12 cents per share from $72 million in sales. Wall Street was looking for an 8 cent loss from $69 million in sales. It’s an earning miss, but earnings for a smaller company with big growth plans isn’t as important as sales. Plug’s 2021 sales are expected to be $465 million, growing to more than $1 billion by 2023.</p>\n<p>Plug also ended the quarter with more than $4.3 billion in cash on the balance sheet.</p>\n<p>Plug stock rose 0.5% in premarket trading. S&amp;P 500 futures are flat.</p>\n<p>It took a while for the company to report its first quarter. In 2020, Plug reported first-quarter results on May 7. This year, however, accounting issues—disclosed in March—got in the way. The company ended up restating some older results after changing the accounting for customer contracts. Cash wasn’t affected by the restatements.</p>\n<p>The accounting-related delay is another reasons the stock isn’t doing much after the release of actual earnings. Amid all the restatements and updates, investors had a good sense of what was coming for the first quarter. Several times in May, Plug management had said sales would be greater than $67 million.</p>\n<p>Plug management hosts a conference call for analysts and investors at 8:30 a.m. ET. Investors will be eager to hear about second-quarter sales, which are expected to be more than $100 million.</p>\n<p>Year to date, Plug stock is down about 12%, trailing behind comparable gains of the S&amp;P 500 and Dow Jones Industrial Average. Many renewable energy stocks have struggled in 2021 after amazing 2020 gains. Stock in electric-vehicle maker Tesla (TSLA), for instance, is down about 12% year to date after rising 743% in 2020. Plug stock rose 973% in 2020.</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>Plug Power moves higher following mixed Q1 results</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\">\nPlug Power moves higher following mixed Q1 results\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\">2021-06-22 21:41</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 22)&nbsp;Plug Power had a mixed earnings report, missing on its bottom line but reporting better-than-expected quarterly revenue. Still, shares edged higher in morning trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/18c95193b7e71aa70fb34e84ee562115\" tg-width=\"658\" tg-height=\"477\" referrerpolicy=\"no-referrer\"></p>\n<p><b>Plug Power Missed Earnings Estimates. Why Its Stock Is Gaining？</b></p>\n<p>Hydrogen fuel cell technology provider Plug Power reported somewhat disappointing first-quarter earnings on Tuesday. Its stock is rising anyway in premarket trading.</p>\n<p>The report signals things are calming down at the company, after results were delayed by accounting issues.</p>\n<p>Plug (ticker: PLUG) reported a loss of 12 cents per share from $72 million in sales. Wall Street was looking for an 8 cent loss from $69 million in sales. It’s an earning miss, but earnings for a smaller company with big growth plans isn’t as important as sales. Plug’s 2021 sales are expected to be $465 million, growing to more than $1 billion by 2023.</p>\n<p>Plug also ended the quarter with more than $4.3 billion in cash on the balance sheet.</p>\n<p>Plug stock rose 0.5% in premarket trading. S&amp;P 500 futures are flat.</p>\n<p>It took a while for the company to report its first quarter. In 2020, Plug reported first-quarter results on May 7. This year, however, accounting issues—disclosed in March—got in the way. The company ended up restating some older results after changing the accounting for customer contracts. Cash wasn’t affected by the restatements.</p>\n<p>The accounting-related delay is another reasons the stock isn’t doing much after the release of actual earnings. Amid all the restatements and updates, investors had a good sense of what was coming for the first quarter. Several times in May, Plug management had said sales would be greater than $67 million.</p>\n<p>Plug management hosts a conference call for analysts and investors at 8:30 a.m. ET. Investors will be eager to hear about second-quarter sales, which are expected to be more than $100 million.</p>\n<p>Year to date, Plug stock is down about 12%, trailing behind comparable gains of the S&amp;P 500 and Dow Jones Industrial Average. Many renewable energy stocks have struggled in 2021 after amazing 2020 gains. Stock in electric-vehicle maker Tesla (TSLA), for instance, is down about 12% year to date after rising 743% in 2020. Plug stock rose 973% in 2020.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLUG":"普拉格能源"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164714575","content_text":"(June 22) Plug Power had a mixed earnings report, missing on its bottom line but reporting better-than-expected quarterly revenue. Still, shares edged higher in morning trading Tuesday.\n\nPlug Power Missed Earnings Estimates. Why Its Stock Is Gaining？\nHydrogen fuel cell technology provider Plug Power reported somewhat disappointing first-quarter earnings on Tuesday. Its stock is rising anyway in premarket trading.\nThe report signals things are calming down at the company, after results were delayed by accounting issues.\nPlug (ticker: PLUG) reported a loss of 12 cents per share from $72 million in sales. Wall Street was looking for an 8 cent loss from $69 million in sales. It’s an earning miss, but earnings for a smaller company with big growth plans isn’t as important as sales. Plug’s 2021 sales are expected to be $465 million, growing to more than $1 billion by 2023.\nPlug also ended the quarter with more than $4.3 billion in cash on the balance sheet.\nPlug stock rose 0.5% in premarket trading. S&P 500 futures are flat.\nIt took a while for the company to report its first quarter. In 2020, Plug reported first-quarter results on May 7. This year, however, accounting issues—disclosed in March—got in the way. The company ended up restating some older results after changing the accounting for customer contracts. Cash wasn’t affected by the restatements.\nThe accounting-related delay is another reasons the stock isn’t doing much after the release of actual earnings. Amid all the restatements and updates, investors had a good sense of what was coming for the first quarter. Several times in May, Plug management had said sales would be greater than $67 million.\nPlug management hosts a conference call for analysts and investors at 8:30 a.m. ET. Investors will be eager to hear about second-quarter sales, which are expected to be more than $100 million.\nYear to date, Plug stock is down about 12%, trailing behind comparable gains of the S&P 500 and Dow Jones Industrial Average. Many renewable energy stocks have struggled in 2021 after amazing 2020 gains. Stock in electric-vehicle maker Tesla (TSLA), for instance, is down about 12% year to date after rising 743% in 2020. Plug stock rose 973% in 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":57,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":604762724,"gmtCreate":1639447411188,"gmtModify":1639447448092,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"He can do what he wants because of his huge&nbsp;market share","listText":"He can do what he wants because of his huge&nbsp;market share","text":"He can do what he wants because of his huge market share","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/604762724","repostId":"1144236332","repostType":4,"repost":{"id":"1144236332","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":1639445127,"share":"https://www.laohu8.com/m/news/1144236332?lang=&edition=full","pubTime":"2021-12-14 09:25","market":"us","language":"en","title":"Musk has sold 70.18% of Tesla shares promised to bear","url":"https://stock-news.laohu8.com/highlight/detail?id=1144236332","media":"Tiger Newspress","summary":"Tesla Inc Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early ","content":"<p>Tesla Inc&nbsp;Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.</p>\n<p>He also exercised stock options to buy 2.13 million shares of Tesla, according to the filings.</p>\n<p>Musk has sold about 11966421 Tesla shares since November 8, accounting for 70.18% of its previously committed shares.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Dec.9</td>\n   <td>2.17 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$963.2 mln</td>\n  </tr>\n  <tr>\n   <td>Dec.13</td>\n   <td>2.13 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$906.5 mln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>14.96 mln</td>\n   <td>11.97 mln</td>\n   <td>$12.74 bln</td>\n  </tr>\n </tbody>\n</table>\n<p>HOW DID MUSK SELL?</p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Tesla’s stock has lost 21% since a peak in November as Musk has trimmed his stake. He’s still added almost $98 billion to his fortune this year, taking it to $253.6 billion, according to the&nbsp;Bloomberg Billionaires Index.</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>Musk has sold 70.18% of Tesla shares promised to bear</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMusk has sold 70.18% of Tesla shares promised to bear\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\">2021-12-14 09:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Tesla Inc&nbsp;Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.</p>\n<p>The billionaire sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.</p>\n<p>He also exercised stock options to buy 2.13 million shares of Tesla, according to the filings.</p>\n<p>Musk has sold about 11966421 Tesla shares since November 8, accounting for 70.18% of its previously committed shares.</p>\n<p>Here is a string of transactions he has done:</p>\n<table>\n <tbody>\n  <tr>\n   <td>DATE</td>\n   <td>SHARES ACQUIRED</td>\n   <td>SHARES SOLD</td>\n   <td>GROSS PROCEEDS</td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td>2.2 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 8</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.10 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 9</td>\n   <td></td>\n   <td>3.1 mln</td>\n   <td>$3.35 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 10</td>\n   <td></td>\n   <td>500,000</td>\n   <td>$527.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 11</td>\n   <td></td>\n   <td>639,737</td>\n   <td>$687.3 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 12</td>\n   <td></td>\n   <td>1.2 mln</td>\n   <td>$1.24 bln</td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 15</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$930.7 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>NOV. 16</td>\n   <td></td>\n   <td>934,091</td>\n   <td>$973.4 mln</td>\n  </tr>\n  <tr>\n   <td>NOV. 23</td>\n   <td>2.15 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.05 bln</td>\n  </tr>\n  <tr>\n   <td>DEC. 2</td>\n   <td>2.1 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$1.01 bln</td>\n  </tr>\n  <tr>\n   <td>Dec.9</td>\n   <td>2.17 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$963.2 mln</td>\n  </tr>\n  <tr>\n   <td>Dec.13</td>\n   <td>2.13 mln</td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td></td>\n   <td></td>\n   <td>934,091</td>\n   <td>$906.5 mln</td>\n  </tr>\n  <tr>\n   <td>Total</td>\n   <td>14.96 mln</td>\n   <td>11.97 mln</td>\n   <td>$12.74 bln</td>\n  </tr>\n </tbody>\n</table>\n<p>HOW DID MUSK SELL?</p>\n<p>Musk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.</p>\n<p>The tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.</p>\n<p>Tesla’s stock has lost 21% since a peak in November as Musk has trimmed his stake. He’s still added almost $98 billion to his fortune this year, taking it to $253.6 billion, according to the&nbsp;Bloomberg Billionaires Index.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144236332","content_text":"Tesla Inc Chief Executive Officer Elon Musk has sold nearly $13 billion worth of shares since early November when the world's richest person polled Twitter users about offloading 10% of his stake in the electric-car maker.\nThe billionaire sold another 934,091 shares of the electric vehicle maker worth $906.5 million, U.S. securities filings showed on Monday.\nHe also exercised stock options to buy 2.13 million shares of Tesla, according to the filings.\nMusk has sold about 11966421 Tesla shares since November 8, accounting for 70.18% of its previously committed shares.\nHere is a string of transactions he has done:\n\n\n\nDATE\nSHARES ACQUIRED\nSHARES SOLD\nGROSS PROCEEDS\n\n\nNOV. 8\n2.2 mln\n\n\n\n\nNOV. 8\n\n934,091\n$1.10 bln\n\n\nNOV. 9\n\n3.1 mln\n$3.35 bln\n\n\nNOV. 10\n\n500,000\n$527.3 mln\n\n\nNOV. 11\n\n639,737\n$687.3 mln\n\n\nNOV. 12\n\n1.2 mln\n$1.24 bln\n\n\nNOV. 15\n2.1 mln\n\n\n\n\nNOV. 15\n\n934,091\n$930.7 mln\n\n\nNOV. 16\n2.1 mln\n\n\n\n\nNOV. 16\n\n934,091\n$973.4 mln\n\n\nNOV. 23\n2.15 mln\n\n\n\n\n\n\n934,091\n$1.05 bln\n\n\nDEC. 2\n2.1 mln\n\n\n\n\n\n\n934,091\n$1.01 bln\n\n\nDec.9\n2.17 mln\n\n\n\n\n\n\n934,091\n$963.2 mln\n\n\nDec.13\n2.13 mln\n\n\n\n\n\n\n934,091\n$906.5 mln\n\n\nTotal\n14.96 mln\n11.97 mln\n$12.74 bln\n\n\n\nHOW DID MUSK SELL?\nMusk said on Nov. 6 he would sell 10% of his stake if Twitter users agreed. He owned a combination of about 244 million shares through his trust and stock options, bringing his stake in Tesla to about 23% as of June 30. It included 170 million shares held by his trust.\nThe tweet was vague. Musk did not outline if he was intending to offload 10% of his shares he indirectly owned through the trust or if his stock options were also part of the deal.\nTesla’s stock has lost 21% since a peak in November as Musk has trimmed his stake. He’s still added almost $98 billion to his fortune this year, taking it to $253.6 billion, according to the Bloomberg Billionaires Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879565161,"gmtCreate":1636743252379,"gmtModify":1636743252656,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"That’s great!","listText":"That’s great!","text":"That’s great!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879565161","repostId":"1148576456","repostType":4,"repost":{"id":"1148576456","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":1636728443,"share":"https://www.laohu8.com/m/news/1148576456?lang=&edition=full","pubTime":"2021-11-12 22:47","market":"us","language":"en","title":"Altamira Therapeutics soared nearly 100% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1148576456","media":"Tiger Newspress","summary":"Altamira Therapeutics soared nearly 100% in morning trading.Altamira Therapeutics Ltd., a company de","content":"<p>Altamira&nbsp;Therapeutics&nbsp;soared&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/f18f319e1b206770d5639548e9a07877\" tg-width=\"881\" tg-height=\"628\" referrerpolicy=\"no-referrer\">Altamira Therapeutics Ltd., a company dedicated to addressing unmet medical needs through RNA therapeutics, allergy and viral infection protection, and inner ear therapeutics, announced today positive efficacy data from testing its Bentrio™ nasal spray in vitro against the Delta variant of the SARS-CoV-2 virus.</p>\n<p>Bentrio™ is a drug-free nasal spray for protection against airborne viruses and allergens, which has previously shown positive outcomes in a test against the Alpha variant of the virus.</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>Altamira Therapeutics soared nearly 100% in morning trading</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\">\nAltamira Therapeutics soared nearly 100% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-12 22:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Altamira&nbsp;Therapeutics&nbsp;soared&nbsp;nearly&nbsp;100%&nbsp;in&nbsp;morning&nbsp;trading.<img src=\"https://static.tigerbbs.com/f18f319e1b206770d5639548e9a07877\" tg-width=\"881\" tg-height=\"628\" referrerpolicy=\"no-referrer\">Altamira Therapeutics Ltd., a company dedicated to addressing unmet medical needs through RNA therapeutics, allergy and viral infection protection, and inner ear therapeutics, announced today positive efficacy data from testing its Bentrio™ nasal spray in vitro against the Delta variant of the SARS-CoV-2 virus.</p>\n<p>Bentrio™ is a drug-free nasal spray for protection against airborne viruses and allergens, which has previously shown positive outcomes in a test against the Alpha variant of the virus.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CYTO":"Altamira Therapeutics Ltd."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148576456","content_text":"Altamira Therapeutics soared nearly 100% in morning trading.Altamira Therapeutics Ltd., a company dedicated to addressing unmet medical needs through RNA therapeutics, allergy and viral infection protection, and inner ear therapeutics, announced today positive efficacy data from testing its Bentrio™ nasal spray in vitro against the Delta variant of the SARS-CoV-2 virus.\nBentrio™ is a drug-free nasal spray for protection against airborne viruses and allergens, which has previously shown positive outcomes in a test against the Alpha variant of the virus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":854405919,"gmtCreate":1635471618800,"gmtModify":1635471619506,"author":{"id":"3577443068440656","authorId":"3577443068440656","name":"Alykrunch","avatar":"https://static.tigerbbs.com/ea2607d2bd4f40d019e3f3122da2d996","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577443068440656","authorIdStr":"3577443068440656"},"themes":[],"htmlText":"Good summary&nbsp;","listText":"Good summary&nbsp;","text":"Good summary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/854405919","repostId":"2179291938","repostType":4,"repost":{"id":"2179291938","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":1635462137,"share":"https://www.laohu8.com/m/news/2179291938?lang=&edition=full","pubTime":"2021-10-29 07:02","market":"us","language":"en","title":"S&P, Nasdaq hit record closing highs on earnings bullishness","url":"https://stock-news.laohu8.com/highlight/detail?id=2179291938","media":"Reuters","summary":"* Amazon.com, Apple fall in late trade after quarterly reports\n* Caterpillar, Merck rise after posti","content":"<p>* Amazon.com, Apple fall in late trade after quarterly reports</p>\n<p>* Caterpillar, Merck rise after posting higher profits</p>\n<p>* U.S. economic growth slowed sharply in Q3</p>\n<p>* EBay slips on weak fourth-quarter forecast</p>\n<p>* Dow up 0.68%, S&amp;P 500 up 0.98%, Nasdaq up 1.39%</p>\n<p>NEW YORK, Oct 28 (Reuters) - Wall Street closed higher on Thursday, with the S&amp;P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.</p>\n<p>After the bell, however, shares of both Amazon.com Inc and Apple Inc moved sharply lower following the release of quarterly results.</p>\n<p>Amazon was down 4% in extended trading after forecasting holiday-quarter sales below Wall Street expectations. Apple fell more than 3% in late trading after it said supply-chain woes cost it $6 billion in sales in the last quarter and that the impact will be even worse in the holiday-sales quarter.</p>\n<p>During the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq and the S&amp;P.</p>\n<p>The S&amp;P was also boosted by Caterpillar Inc, which closed up 4% after reporting a better-than-expected quarterly profit on rising commodity prices and a bullish forecast from drugmaker Merck &amp; Co Inc, which added 6%.</p>\n<p>Investors also eyed Washington, where President Joe Biden said he had secured a new $1.75 trillion framework for economic and climate change spending.</p>\n<p>\"Earnings continue to be very good,\" said Bill Stone, chief investment officer at the Glenview Trust Co in Louisville, Kentucky, who also noted that Biden's framework, if it succeeds, would not boost corporate taxes as investors had previously feared.</p>\n<p>\"Underneath the surface, that's a positive for corporate earnings\" going forward, said Stone.</p>\n<p>The Dow Jones Industrial Average closed up 239.79 points, or 0.68%, at 35,730.48, the S&amp;P 500 gained 44.74 points, or 0.98%, to 4,596.42 and the Nasdaq Composite added 212.28 points, or 1.39%, to 15,448.12.</p>\n<p>All 11 major S&amp;P sectors closed higher, with Real Estate , consumer discretionary, and industrials leading the gains.</p>\n<p>Solid earnings also helped offset a report from the Commerce Department which showed the U.S. economy grew at a 2% annualized rate in the third quarter as COVID-19 infections flared up, short of the 2.7% estimate, while another set of data showed fewer Americans filed new claims for unemployment benefits last week as the labor market slowly improves.</p>\n<p>\"Clearly we are seeing a large batch of macroeconomic data that has been coming through during the middle of third-quarter earnings reporting season and you are seeing a little bit of a tug-of-war that exists between macroeconomic data that is appearing to be somewhat softer at the margin and corporate performance which is proving to be better than expectations,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p>\n<p>Earnings reports have helped advance in the benchmark S&amp;P index in 10 of the previous 12 sessions, with analysts now expecting profits for S&amp;P 500 companies to grow 38.6% year-on-year in the third quarter.</p>\n<p>Of the 244 S&amp;P 500 companies that had reported by Thursday morning, 82% had beaten estimates.</p>\n<p>However EBay Inc shares finished down 6.8% after the e-commerce firm forecast downbeat holiday-quarter revenue.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 2.46-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 34 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 104 new highs and 96 new lows.</p>\n<p>On U.S. exchanges 11.05 billion shares changed hands compared with the 10.34 billion moving average for the last 20 sessions.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P, Nasdaq hit record closing highs on earnings bullishness</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P, Nasdaq hit record closing highs on earnings bullishness\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-10-29 07:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Amazon.com, Apple fall in late trade after quarterly reports</p>\n<p>* Caterpillar, Merck rise after posting higher profits</p>\n<p>* U.S. economic growth slowed sharply in Q3</p>\n<p>* EBay slips on weak fourth-quarter forecast</p>\n<p>* Dow up 0.68%, S&amp;P 500 up 0.98%, Nasdaq up 1.39%</p>\n<p>NEW YORK, Oct 28 (Reuters) - Wall Street closed higher on Thursday, with the S&amp;P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.</p>\n<p>After the bell, however, shares of both Amazon.com Inc and Apple Inc moved sharply lower following the release of quarterly results.</p>\n<p>Amazon was down 4% in extended trading after forecasting holiday-quarter sales below Wall Street expectations. Apple fell more than 3% in late trading after it said supply-chain woes cost it $6 billion in sales in the last quarter and that the impact will be even worse in the holiday-sales quarter.</p>\n<p>During the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq and the S&amp;P.</p>\n<p>The S&amp;P was also boosted by Caterpillar Inc, which closed up 4% after reporting a better-than-expected quarterly profit on rising commodity prices and a bullish forecast from drugmaker Merck &amp; Co Inc, which added 6%.</p>\n<p>Investors also eyed Washington, where President Joe Biden said he had secured a new $1.75 trillion framework for economic and climate change spending.</p>\n<p>\"Earnings continue to be very good,\" said Bill Stone, chief investment officer at the Glenview Trust Co in Louisville, Kentucky, who also noted that Biden's framework, if it succeeds, would not boost corporate taxes as investors had previously feared.</p>\n<p>\"Underneath the surface, that's a positive for corporate earnings\" going forward, said Stone.</p>\n<p>The Dow Jones Industrial Average closed up 239.79 points, or 0.68%, at 35,730.48, the S&amp;P 500 gained 44.74 points, or 0.98%, to 4,596.42 and the Nasdaq Composite added 212.28 points, or 1.39%, to 15,448.12.</p>\n<p>All 11 major S&amp;P sectors closed higher, with Real Estate , consumer discretionary, and industrials leading the gains.</p>\n<p>Solid earnings also helped offset a report from the Commerce Department which showed the U.S. economy grew at a 2% annualized rate in the third quarter as COVID-19 infections flared up, short of the 2.7% estimate, while another set of data showed fewer Americans filed new claims for unemployment benefits last week as the labor market slowly improves.</p>\n<p>\"Clearly we are seeing a large batch of macroeconomic data that has been coming through during the middle of third-quarter earnings reporting season and you are seeing a little bit of a tug-of-war that exists between macroeconomic data that is appearing to be somewhat softer at the margin and corporate performance which is proving to be better than expectations,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.</p>\n<p>Earnings reports have helped advance in the benchmark S&amp;P index in 10 of the previous 12 sessions, with analysts now expecting profits for S&amp;P 500 companies to grow 38.6% year-on-year in the third quarter.</p>\n<p>Of the 244 S&amp;P 500 companies that had reported by Thursday morning, 82% had beaten estimates.</p>\n<p>However EBay Inc shares finished down 6.8% after the e-commerce firm forecast downbeat holiday-quarter revenue.</p>\n<p>Advancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 2.46-to-1 ratio favored advancers.</p>\n<p>The S&amp;P 500 posted 34 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 104 new highs and 96 new lows.</p>\n<p>On U.S. exchanges 11.05 billion shares changed hands compared with the 10.34 billion moving average for the last 20 sessions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2179291938","content_text":"* Amazon.com, Apple fall in late trade after quarterly reports\n* Caterpillar, Merck rise after posting higher profits\n* U.S. economic growth slowed sharply in Q3\n* EBay slips on weak fourth-quarter forecast\n* Dow up 0.68%, S&P 500 up 0.98%, Nasdaq up 1.39%\nNEW YORK, Oct 28 (Reuters) - Wall Street closed higher on Thursday, with the S&P 500 and Nasdaq boasting record closing levels thanks partly to gains in Apple and Amazon, while solid results from companies including Caterpillar and Merck helped ease concerns about slowing economic growth denting profits.\nAfter the bell, however, shares of both Amazon.com Inc and Apple Inc moved sharply lower following the release of quarterly results.\nAmazon was down 4% in extended trading after forecasting holiday-quarter sales below Wall Street expectations. Apple fell more than 3% in late trading after it said supply-chain woes cost it $6 billion in sales in the last quarter and that the impact will be even worse in the holiday-sales quarter.\nDuring the regular session, heavyweights including Tesla Inc , finishing up 3.8%, and Apple, which closed up 2.5%, spurred on the Nasdaq and the S&P.\nThe S&P was also boosted by Caterpillar Inc, which closed up 4% after reporting a better-than-expected quarterly profit on rising commodity prices and a bullish forecast from drugmaker Merck & Co Inc, which added 6%.\nInvestors also eyed Washington, where President Joe Biden said he had secured a new $1.75 trillion framework for economic and climate change spending.\n\"Earnings continue to be very good,\" said Bill Stone, chief investment officer at the Glenview Trust Co in Louisville, Kentucky, who also noted that Biden's framework, if it succeeds, would not boost corporate taxes as investors had previously feared.\n\"Underneath the surface, that's a positive for corporate earnings\" going forward, said Stone.\nThe Dow Jones Industrial Average closed up 239.79 points, or 0.68%, at 35,730.48, the S&P 500 gained 44.74 points, or 0.98%, to 4,596.42 and the Nasdaq Composite added 212.28 points, or 1.39%, to 15,448.12.\nAll 11 major S&P sectors closed higher, with Real Estate , consumer discretionary, and industrials leading the gains.\nSolid earnings also helped offset a report from the Commerce Department which showed the U.S. economy grew at a 2% annualized rate in the third quarter as COVID-19 infections flared up, short of the 2.7% estimate, while another set of data showed fewer Americans filed new claims for unemployment benefits last week as the labor market slowly improves.\n\"Clearly we are seeing a large batch of macroeconomic data that has been coming through during the middle of third-quarter earnings reporting season and you are seeing a little bit of a tug-of-war that exists between macroeconomic data that is appearing to be somewhat softer at the margin and corporate performance which is proving to be better than expectations,\" said Bill Northey, senior investment director at U.S. Bank Wealth Management in Minneapolis.\nEarnings reports have helped advance in the benchmark S&P index in 10 of the previous 12 sessions, with analysts now expecting profits for S&P 500 companies to grow 38.6% year-on-year in the third quarter.\nOf the 244 S&P 500 companies that had reported by Thursday morning, 82% had beaten estimates.\nHowever EBay Inc shares finished down 6.8% after the e-commerce firm forecast downbeat holiday-quarter revenue.\nAdvancing issues outnumbered declining ones on the NYSE by a 2.15-to-1 ratio; on Nasdaq, a 2.46-to-1 ratio favored advancers.\nThe S&P 500 posted 34 new 52-week highs and 4 new lows; the Nasdaq Composite recorded 104 new highs and 96 new lows.\nOn U.S. exchanges 11.05 billion shares changed hands compared with the 10.34 billion moving average for the last 20 sessions.","news_type":1},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}