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2021-11-09

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Why markets are like a duck: ‘calm above the surface, but furious churning below’

2021-11-04

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Toplines Before US Market Open on Thursday

2021-06-11

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2021-11-04

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Amazon Stock: It's Down 12% From Record. Buy in November?

2021-11-04

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Spotify Is Looking Better Than Ever

2021-10-11

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Elon Musk Just Added $11 Billion in Wealth, Dominating the World’s Richest List

2021-06-20

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How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free

2022-11-02

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2022-08-21

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2021-11-04

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Google to Pursue Pentagon Cloud-Computing Contract

2021-11-04

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Apple Stock: It's Inching Toward All-Time Highs. What Will November Bring?

2021-06-28

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18:02","market":"us","language":"en","title":"Why markets are like a duck: ‘calm above the surface, but furious churning below’","url":"https://stock-news.laohu8.com/highlight/detail?id=1164632864","media":"Marketwatch","summary":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial ","content":"<p>Mario Draghi famously&nbsp;likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”</p>\n<p>The calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.</p>\n<p>But below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a225428109bc24bddb8dbd14801b7065\" tg-width=\"700\" tg-height=\"408\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>Anyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.</p>\n<p>Short-term government bond yields, including those on 2-year U.S. Treasury notes,&nbsp;began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.</p>\n<p>The speed of the move has been interpreted by some investors as the potential harbinger of&nbsp;a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.</p>\n<p>Two-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.</p>\n<p>“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.</p>\n<p>Stocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&amp;P 500&nbsp;was up 26.9% year to date through Friday, while the Dow Jones Industrial Average&nbsp;has rallied 21.2% and the Nasdaq Composite&nbsp;advanced 23.9%.</p>\n<p>So what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&amp;P 500,” they said.</p>\n<p>It also means that risk premium matters (see chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fa8a9c15b74f8c569f39f375770bdc7\" tg-width=\"700\" tg-height=\"383\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why markets are like a duck: ‘calm above the surface, but furious churning below’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy markets are like a duck: ‘calm above the surface, but furious churning below’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1164632864","content_text":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”\nThe calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.\nBut below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.\nMORGAN STANLEY RESEARCH\nAnyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.\nShort-term government bond yields, including those on 2-year U.S. Treasury notes, began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.\nThe speed of the move has been interpreted by some investors as the potential harbinger of a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.\nTwo-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.\n“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.\nStocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&P 500 was up 26.9% year to date through Friday, while the Dow Jones Industrial Average has rallied 21.2% and the Nasdaq Composite advanced 23.9%.\nSo what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&P 500,” they said.\nIt also means that risk premium matters (see chart below).\nMORGAN STANLEY RESEARCH\n“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848762850,"gmtCreate":1636030836434,"gmtModify":1636031195401,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"&nbsp;Thanks","listText":"&nbsp;Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848762850","repostId":"1191996183","repostType":4,"repost":{"id":"1191996183","pubTimestamp":1636029756,"share":"https://www.laohu8.com/m/news/1191996183?lang=&edition=full","pubTime":"2021-11-04 20:42","market":"us","language":"en","title":"Spotify Is Looking Better Than Ever","url":"https://stock-news.laohu8.com/highlight/detail?id=1191996183","media":"Seeking Alpha","summary":"Summary\n\nPaid subscriber growth is back on track.\nPodcasts shift part of the business from a variabl","content":"<p><b>Summary</b></p>\n<ul>\n <li>Paid subscriber growth is back on track.</li>\n <li>Podcasts shift part of the business from a variable cost structure to a fixed cost structure.</li>\n <li>Ad revenue is up 75% year-over-year!</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f58dc20880972b1c81308d898c14f9ba\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Avid Photographer. Travel the world to capture moments and beautiful photos. Sony Alpha User/iStock Editorial via Getty Images</span></p>\n<p><b>Introduction</b></p>\n<p>My thesis is that the future is bright for Spotify (SPOT) as paid subscribers, gross margins and ad revenue continue with prodigious growth. CEO Daniel Ek and the rest of Spotify have ardor to be a huge part of audio as the world keeps moving towards streaming and podcasts.</p>\n<p>In the 3Q21 earnings&nbsp;call, CEO Ek talked about Spotify’s opportunities as the world shifts away from terrestrial radio:</p>\n<blockquote>\n A good reminder,\n <b>Linear Radio still has a 46% share of audio listening</b>&nbsp;in the U.S. alone, this despite consumption shifting steadily away from it. In this year,\n <b>more than 60% of all audio ads spending will go to traditional radio</b>. I think this clearly shows that we have plenty of room to grow both in listening time and in our effective monetization.\n</blockquote>\n<p>At the time of this writing the exchange rate is about $1.16 per €1.</p>\n<p><b>Paid Subscribers Keep Rising</b></p>\n<p>It’s a no-brainer for new subscribers to continue signing up as streaming music is one of the cheapest forms of entertainment available per the June 2021 Music is Universal&nbsp;presentation&nbsp;by Pershing Square:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fb02c3b21b98d3c77807c1dd039f633\" tg-width=\"800\" tg-height=\"571\" width=\"100%\" height=\"auto\"><span>Image Source: June 2021 Music is Universal presentation by Pershing Square</span></p>\n<p>Size begets size as new streaming customers like to go with the market leader. There is no one close to Spotify in terms of paid subscribers in the audio landscape. Apple (AAPL) might be a distant number two; they are well behind and they stopped disclosing their numbers some time ago. Also, Apple’s worldwide smartphone penetration isn’t nearly as high as their U.S. level.</p>\n<p>Years ago Barry McCarthy was the CFO at Netflix (NFLX) and he learned the importance of being the earlier leader in the race to acquire paid subscribers. He left Netflix with the right structure and took that knowledge to Spotify where he served as CFO, laying down a solid foundation before handing the reins to current CFO, Paul Vogel. Spotify is catching up with Netflix with respect to paid subscribers but both companies are still growing nicely which is partially due to the contributions made by former CFO McCarthy. Back in 2015, Spotify only had 37% as many subscribers as Netflix but through 3Q21 they were up to 81%. I put together a chart to help visualize the growth for both companies:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4899bdb38637d477621ecfa1d6c920a\" tg-width=\"784\" tg-height=\"440\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p>\n<p><b>The Gross Margin Keeps Improving</b></p>\n<p>Per the 3Q21&nbsp;financial statements, Spotify’s 3Q21 gross margin was 26.7% which is a nice improvement from the 3Q20 gross margin of 24.8% below:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa7b0f76e8b23068fd5054d67d0568a6\" tg-width=\"600\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Image Source: 3Q21 financial statements</span></p>\n<p>The 3Q21&nbsp;press release&nbsp;talks about this improvement:</p>\n<blockquote>\n Gross Margin finished at 26.7% in Q3, above the top end of our guidance range and reflecting nearly 200 bps of Y/Y expansion. The Gross Margin improvement reflected a favorable revenue mix shift towards podcasts, marketplace activity, improved music advertising operating leverage, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases. Premium Gross Margin was 29.1% in Q3, up 182 bps Y/Y, and Ad-Supported Gross Margin was 10.5% in Q3, up 993 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.\n</blockquote>\n<p>These days Netflix enjoys a gross margin north of 40% but it was down at 27.2% [$983.4 million/$3,609.3 million] for 2012 per the&nbsp;10-K&nbsp;from that year. Per the Spotify 3Q21&nbsp;financial statements, their 9M21 gross margin is 26.9% [€1,879 million/€ 6,979 million] so they’re almost up to the 2012 level at Netflix. Spotify has come a long way from their gross margin of 11.6% for 2015 in their S-1&nbsp;filing&nbsp;and they aim to keep going up to a level of 30% to 40%. CFO Paul Vogel answered a question about getting to the 40% level at the September 2021 Bank of America&nbsp;Conference. He noted that podcasts are a drag on gross margins right now but said that will flip as the business matures and they have more of a fixed cost structure than a variable cost structure:</p>\n<blockquote>\n One is, we think advertising is going to continue to grow, continue to be a bigger part of our business. Right now, it’s 10% of our business. We think there’s opportunity to improve the ad margins on the music side alone, because right now they’re lower than their premium side. We think there’s an opportunity there. And then you delve into the podcasting side where, as you said,\n <b>as more and more of our business can move over to a fixed cost nature versus variable costs nature, we think there’s a big opportunity to grow gross margin</b>, on top of the podcasting business, and we sort of modeled that over a long period of time. And even though&nbsp;\n <b>right now, the podcast business is actually a drag on gross margins</b>. We think over time, that will flip and will be a benefit to gross margins, if not a significant benefit to the gross margin.\n</blockquote>\n<p><b>Ad Dollars Are Increasing</b></p>\n<p>Quarterly ad revenue grew 75% year-over-year:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/813c508a4233806d0b0c40878e880126\" tg-width=\"600\" tg-height=\"405\" width=\"100%\" height=\"auto\"><span>Image Source: 3Q21 financial statements</span></p>\n<p>Podcasts are a key part of ad revenue and the progress in this area was illustrated in the 3Q21 earnings call:</p>\n<blockquote>\n We started our journey&nbsp;\n <b>3 years ago in podcasting with a catalog of about 185,000 podcasts</b>. And we were really nowhere compared to the largest players in the industry.\n <b>Today, we have 3.2 million podcasts</b>on the platform, a growth rate of over 1,500%. But despite the fact that we're still a relatively new entrant, previous data indicated we have become the top platform for podcast consumption, in 60-plus countries. And now, according to Edison research and our own internal sources, we recently became&nbsp;\n <b>the number one podcast platform U.S. listeners use the most</b>.\n</blockquote>\n<p>In the 3Q21 earnings call, it was noted that advertising revenues as a percentage of total revenues hit 13%. A question was asked by Rich Greenfield about the mix of revenues in five years and that mix shift impacting margins. CEO Daniel Ek answered by saying advertising should eventually be at least 20% of revenues and maybe even more than 40% of revenues in 5 to 10 years:</p>\n<blockquote>\n Maybe I'll talk about the size of this and Paul can chime in on the impact on margins. I'm really excited about ads. I think we have had a tremendous quarter with 75% growth year-over-year.\n <b>But this is just the beginning, as I stated in my opening remarks. Long term, I believe at the very least, this should be 20% of our revenues. But it might possibly be a lot more than that 30%, 40% even over the next 5 to 10 years.</b>We're very excited about this being the second big revenue driver for Spotify and are obviously investing behind that both in product and platform improvements, but also as you may have read in hiring staff across the world that helps service these advertisers.\n</blockquote>\n<p>CFO Vogel chimed in on the mix of revenues question with some answers as well, noting that margins were up almost 1,000 basis points on the ad side:</p>\n<blockquote>\n And then from advertising generals, as Daniel said, it was up 75% in the quarter. We saw really nice, healthy gains on the music side. It was up significantly on the advertising side. And then podcasts advertising growth was in the triple digits. So we're seeing it across the board. What's really interesting is that the increased inventory is bringing increased demand. The demand is really high across all of our products. Podcasting is helping significantly on that. And then from a margin standpoint, obviously, the podcasting margin is helpful over time. We think having a fixed cost nature of the podcasting business and being able to grow that advertising will help margins. But additionally, just bringing more advertising into the platform, we're seeing the free music margins move up as well as you guys are aware, our free music margins are below our premium music margin. So to the extent that we can drive incremental advertising across not just podcasting, but music in general, that will help margins as well.\n</blockquote>\n<p><b>Valuation</b></p>\n<p>In my March&nbsp;article, I thought Spotify was worth about $55 billion. Some of the numbers coming in since that time have been even better than expected. Also, management has increased the bottom end of the range for 4Q21 total revenue and gross margin. I now think Spotify is worth close to $60 billion. Today’s market cap is $58 billion based on the November 2nd share price of $298.08 and the 194,614,910 share count as of September 30, 2021 in the 2Q21 6-K&nbsp;filing. The enterprise value is fairly close to the market cap and I believe the stock is reasonably priced for the long run.</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>Spotify Is Looking Better Than Ever</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\">\nSpotify Is Looking Better Than Ever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 20:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4465297-spotify-stock-paid-subscriber-growth-back-on-track><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPaid subscriber growth is back on track.\nPodcasts shift part of the business from a variable cost structure to a fixed cost structure.\nAd revenue is up 75% year-over-year!\n\nAvid Photographer....</p>\n\n<a href=\"https://seekingalpha.com/article/4465297-spotify-stock-paid-subscriber-growth-back-on-track\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A."},"source_url":"https://seekingalpha.com/article/4465297-spotify-stock-paid-subscriber-growth-back-on-track","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191996183","content_text":"Summary\n\nPaid subscriber growth is back on track.\nPodcasts shift part of the business from a variable cost structure to a fixed cost structure.\nAd revenue is up 75% year-over-year!\n\nAvid Photographer. Travel the world to capture moments and beautiful photos. Sony Alpha User/iStock Editorial via Getty Images\nIntroduction\nMy thesis is that the future is bright for Spotify (SPOT) as paid subscribers, gross margins and ad revenue continue with prodigious growth. CEO Daniel Ek and the rest of Spotify have ardor to be a huge part of audio as the world keeps moving towards streaming and podcasts.\nIn the 3Q21 earnings call, CEO Ek talked about Spotify’s opportunities as the world shifts away from terrestrial radio:\n\n A good reminder,\n Linear Radio still has a 46% share of audio listening in the U.S. alone, this despite consumption shifting steadily away from it. In this year,\n more than 60% of all audio ads spending will go to traditional radio. I think this clearly shows that we have plenty of room to grow both in listening time and in our effective monetization.\n\nAt the time of this writing the exchange rate is about $1.16 per €1.\nPaid Subscribers Keep Rising\nIt’s a no-brainer for new subscribers to continue signing up as streaming music is one of the cheapest forms of entertainment available per the June 2021 Music is Universal presentation by Pershing Square:\nImage Source: June 2021 Music is Universal presentation by Pershing Square\nSize begets size as new streaming customers like to go with the market leader. There is no one close to Spotify in terms of paid subscribers in the audio landscape. Apple (AAPL) might be a distant number two; they are well behind and they stopped disclosing their numbers some time ago. Also, Apple’s worldwide smartphone penetration isn’t nearly as high as their U.S. level.\nYears ago Barry McCarthy was the CFO at Netflix (NFLX) and he learned the importance of being the earlier leader in the race to acquire paid subscribers. He left Netflix with the right structure and took that knowledge to Spotify where he served as CFO, laying down a solid foundation before handing the reins to current CFO, Paul Vogel. Spotify is catching up with Netflix with respect to paid subscribers but both companies are still growing nicely which is partially due to the contributions made by former CFO McCarthy. Back in 2015, Spotify only had 37% as many subscribers as Netflix but through 3Q21 they were up to 81%. I put together a chart to help visualize the growth for both companies:\nImage Source: Author’s spreadsheet\nThe Gross Margin Keeps Improving\nPer the 3Q21 financial statements, Spotify’s 3Q21 gross margin was 26.7% which is a nice improvement from the 3Q20 gross margin of 24.8% below:\nImage Source: 3Q21 financial statements\nThe 3Q21 press release talks about this improvement:\n\n Gross Margin finished at 26.7% in Q3, above the top end of our guidance range and reflecting nearly 200 bps of Y/Y expansion. The Gross Margin improvement reflected a favorable revenue mix shift towards podcasts, marketplace activity, improved music advertising operating leverage, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases. Premium Gross Margin was 29.1% in Q3, up 182 bps Y/Y, and Ad-Supported Gross Margin was 10.5% in Q3, up 993 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.\n\nThese days Netflix enjoys a gross margin north of 40% but it was down at 27.2% [$983.4 million/$3,609.3 million] for 2012 per the 10-K from that year. Per the Spotify 3Q21 financial statements, their 9M21 gross margin is 26.9% [€1,879 million/€ 6,979 million] so they’re almost up to the 2012 level at Netflix. Spotify has come a long way from their gross margin of 11.6% for 2015 in their S-1 filing and they aim to keep going up to a level of 30% to 40%. CFO Paul Vogel answered a question about getting to the 40% level at the September 2021 Bank of America Conference. He noted that podcasts are a drag on gross margins right now but said that will flip as the business matures and they have more of a fixed cost structure than a variable cost structure:\n\n One is, we think advertising is going to continue to grow, continue to be a bigger part of our business. Right now, it’s 10% of our business. We think there’s opportunity to improve the ad margins on the music side alone, because right now they’re lower than their premium side. We think there’s an opportunity there. And then you delve into the podcasting side where, as you said,\n as more and more of our business can move over to a fixed cost nature versus variable costs nature, we think there’s a big opportunity to grow gross margin, on top of the podcasting business, and we sort of modeled that over a long period of time. And even though \n right now, the podcast business is actually a drag on gross margins. We think over time, that will flip and will be a benefit to gross margins, if not a significant benefit to the gross margin.\n\nAd Dollars Are Increasing\nQuarterly ad revenue grew 75% year-over-year:\nImage Source: 3Q21 financial statements\nPodcasts are a key part of ad revenue and the progress in this area was illustrated in the 3Q21 earnings call:\n\n We started our journey \n 3 years ago in podcasting with a catalog of about 185,000 podcasts. And we were really nowhere compared to the largest players in the industry.\n Today, we have 3.2 million podcastson the platform, a growth rate of over 1,500%. But despite the fact that we're still a relatively new entrant, previous data indicated we have become the top platform for podcast consumption, in 60-plus countries. And now, according to Edison research and our own internal sources, we recently became \n the number one podcast platform U.S. listeners use the most.\n\nIn the 3Q21 earnings call, it was noted that advertising revenues as a percentage of total revenues hit 13%. A question was asked by Rich Greenfield about the mix of revenues in five years and that mix shift impacting margins. CEO Daniel Ek answered by saying advertising should eventually be at least 20% of revenues and maybe even more than 40% of revenues in 5 to 10 years:\n\n Maybe I'll talk about the size of this and Paul can chime in on the impact on margins. I'm really excited about ads. I think we have had a tremendous quarter with 75% growth year-over-year.\n But this is just the beginning, as I stated in my opening remarks. Long term, I believe at the very least, this should be 20% of our revenues. But it might possibly be a lot more than that 30%, 40% even over the next 5 to 10 years.We're very excited about this being the second big revenue driver for Spotify and are obviously investing behind that both in product and platform improvements, but also as you may have read in hiring staff across the world that helps service these advertisers.\n\nCFO Vogel chimed in on the mix of revenues question with some answers as well, noting that margins were up almost 1,000 basis points on the ad side:\n\n And then from advertising generals, as Daniel said, it was up 75% in the quarter. We saw really nice, healthy gains on the music side. It was up significantly on the advertising side. And then podcasts advertising growth was in the triple digits. So we're seeing it across the board. What's really interesting is that the increased inventory is bringing increased demand. The demand is really high across all of our products. Podcasting is helping significantly on that. And then from a margin standpoint, obviously, the podcasting margin is helpful over time. We think having a fixed cost nature of the podcasting business and being able to grow that advertising will help margins. But additionally, just bringing more advertising into the platform, we're seeing the free music margins move up as well as you guys are aware, our free music margins are below our premium music margin. So to the extent that we can drive incremental advertising across not just podcasting, but music in general, that will help margins as well.\n\nValuation\nIn my March article, I thought Spotify was worth about $55 billion. Some of the numbers coming in since that time have been even better than expected. Also, management has increased the bottom end of the range for 4Q21 total revenue and gross margin. I now think Spotify is worth close to $60 billion. Today’s market cap is $58 billion based on the November 2nd share price of $298.08 and the 194,614,910 share count as of September 30, 2021 in the 2Q21 6-K filing. The enterprise value is fairly close to the market cap and I believe the stock is reasonably priced for the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848766494,"gmtCreate":1636030784367,"gmtModify":1636030784918,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848766494","repostId":"1158417116","repostType":4,"repost":{"id":"1158417116","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":1636027483,"share":"https://www.laohu8.com/m/news/1158417116?lang=&edition=full","pubTime":"2021-11-04 20:04","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1158417116","media":"Tiger Newspress","summary":"The S&P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.At 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.Tesla Inc added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner A","content":"<p>The S&amp;P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&amp;P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.</p>\n<p><img src=\"https://static.tigerbbs.com/34b82a3a6bcc1b43dfa28ebacdf9efcb\" tg-width=\"1080\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla Inc&nbsp;added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner Alphabet Inc, Amazon.com&nbsp;and Meta Platforms&nbsp;also edged higher.</p>\n<p>The U.S. unemployment picture improved again last week, with initial filings for unemployment insurance falling to another pandemic-era low.First-time claims dropped to 269,000 for the week ended Oct. 30, down 14,000 from the previous period and better than the Dow Jones estimate for 275,000, the Labor Department reported Thursday.</p>\n<p>Continuing state jobless claims fall 134,000 to 2.1million;U.S. productivity sinks 5% in third quarter;U.S. trade gap widens to record $80.9 billion in September from revised $72.8 billion in prior month;U.S. output rises 1.7% in third quarter, hours worked jump 7%;U.S. unit-labor costs surge 8.3% in the third quarter.</p>\n<p><b>Stocks making the biggest moves premarket: </b></p>\n<p><b>Moderna(MRNA)</b> – Moderna tumbled 11.5% in premarket action, following quarterly shortfalls in both earnings and revenue as well as a cut in the drug maker’s full-year earnings outlook. Moderna earned $7.70 per share for its latest quarter versus the $9.05 consensus estimate.</p>\n<p><b>Merck(MRK)&nbsp;</b>–&nbsp;Britain became the first country to approve Merck &amp; Co’s Covid-19 antiviral pill, with the nation’s drug regulator describing the treatment as safe and effective.Merck shares rose 3.2% in premarket U.S. trading.</p>\n<p><b>Roku(ROKU) </b>– Roku shares slid 7.4% in premarket trading despite an earnings beat. The video-streaming device maker earned 48 cents per share for its latest quarter, well above the 6-cent consensus estimate, but revenue fell short of forecasts and the company issued a lower-than-expected revenue forecast for the holiday quarter.</p>\n<p><b>Qualcomm(QCOM)</b> – Qualcomm beat estimates by 29 cents with adjusted quarterly earnings of $2.55 per share, and the chip maker’s revenue also beat forecasts. Qualcomm also forecasts strong growth, driven by demands for 5G smartphone technology. Shares jumped 9.6% in premarket trading.</p>\n<p><b>Electronic Arts(EA)</b> – Electronic Arts reported an adjusted quarterly profit of $1.49 per share, compared with a consensus estimate of $1.17. The video game maker also beat on the top line. EA also raised its full-year outlook amid strength in its sports-themed games. Electronic Arts added 2.9% in the premarket.</p>\n<p><b>Take-Two Interactive(TTWO)</b> – Take-Two had a quarter that mirrored rival Electronic Arts, beating on both the top and bottom lines, and raising its outlook. Take-Two reported adjusted earnings of $1.63 a share, beating the consensus estimate of $1.34, and its stock added 3.1% in premarket action.</p>\n<p><b>Etsy(ETSY)</b> – The online crafts marketplace issued weaker-than-expected current-quarter revenue guidance although it did beat forecasts for its most recent quarter, coming in 8 cents above estimates with earnings of 62 cents per share.Etsy&nbsp;shares&nbsp;fell&nbsp;1%&nbsp;in premarket trading.</p>\n<p><b>MGM Resorts(MGM)</b> – MGM rallied 2.4% in the premarket after announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. MGM said no sales agreement has been reached, however, and it did not disclose the name of any potential buyers.</p>\n<p><b>Regeneron Pharmaceuticals(REGN)</b> – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share, well above the $10.10 consensus estimate, on strong sales of its Covid-19 antibody cocktail as well as other treatments.</p>\n<p><b>Planet Fitness(PLNT)</b> – The fitness center operator’s stock surged 4.9% in premarket action after beating on the top and bottom lines and raising its full-year revenue forecast. Planet Fitness earned an adjusted 25 cents per share for its latest quarter, 7 cents above estimates.</p>\n<p><b>ViacomCBS(VIAC)</b> – ViacomCBS rose 0.7% in premarket trading after its quarterly earnings matched estimates and revenue came in better than expected. Results got a boost from strength in the company’s streaming and TV businesses.</p>\n<p><b>Wayfair(W)</b> – The online home goods seller slid 4.5% in the premarket after it reported an unexpected quarterly profit but saw revenue fall below analyst forecasts. Wayfair noted that spending has started to transition toward brick-and-mortar stores post-pandemic and it may take a few quarters for its growth to return to normal levels.</p>\n<p><b>Booking Holdings(BKNG)</b> – Booking Holdings rallied 4.6% in the premarket after the travel company reported better-than-expected profit and revenue for its latest quarter. The Priceline parent earned an adjusted $37.70 per share, compared with the $32.90 consensus estimate, and investors so far are shrugging off the company’s cautionary comments about a Covid-19 resurgence in Europe.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-04 20:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The S&amp;P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&amp;P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.</p>\n<p><img src=\"https://static.tigerbbs.com/34b82a3a6bcc1b43dfa28ebacdf9efcb\" tg-width=\"1080\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla Inc&nbsp;added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner Alphabet Inc, Amazon.com&nbsp;and Meta Platforms&nbsp;also edged higher.</p>\n<p>The U.S. unemployment picture improved again last week, with initial filings for unemployment insurance falling to another pandemic-era low.First-time claims dropped to 269,000 for the week ended Oct. 30, down 14,000 from the previous period and better than the Dow Jones estimate for 275,000, the Labor Department reported Thursday.</p>\n<p>Continuing state jobless claims fall 134,000 to 2.1million;U.S. productivity sinks 5% in third quarter;U.S. trade gap widens to record $80.9 billion in September from revised $72.8 billion in prior month;U.S. output rises 1.7% in third quarter, hours worked jump 7%;U.S. unit-labor costs surge 8.3% in the third quarter.</p>\n<p><b>Stocks making the biggest moves premarket: </b></p>\n<p><b>Moderna(MRNA)</b> – Moderna tumbled 11.5% in premarket action, following quarterly shortfalls in both earnings and revenue as well as a cut in the drug maker’s full-year earnings outlook. Moderna earned $7.70 per share for its latest quarter versus the $9.05 consensus estimate.</p>\n<p><b>Merck(MRK)&nbsp;</b>–&nbsp;Britain became the first country to approve Merck &amp; Co’s Covid-19 antiviral pill, with the nation’s drug regulator describing the treatment as safe and effective.Merck shares rose 3.2% in premarket U.S. trading.</p>\n<p><b>Roku(ROKU) </b>– Roku shares slid 7.4% in premarket trading despite an earnings beat. The video-streaming device maker earned 48 cents per share for its latest quarter, well above the 6-cent consensus estimate, but revenue fell short of forecasts and the company issued a lower-than-expected revenue forecast for the holiday quarter.</p>\n<p><b>Qualcomm(QCOM)</b> – Qualcomm beat estimates by 29 cents with adjusted quarterly earnings of $2.55 per share, and the chip maker’s revenue also beat forecasts. Qualcomm also forecasts strong growth, driven by demands for 5G smartphone technology. Shares jumped 9.6% in premarket trading.</p>\n<p><b>Electronic Arts(EA)</b> – Electronic Arts reported an adjusted quarterly profit of $1.49 per share, compared with a consensus estimate of $1.17. The video game maker also beat on the top line. EA also raised its full-year outlook amid strength in its sports-themed games. Electronic Arts added 2.9% in the premarket.</p>\n<p><b>Take-Two Interactive(TTWO)</b> – Take-Two had a quarter that mirrored rival Electronic Arts, beating on both the top and bottom lines, and raising its outlook. Take-Two reported adjusted earnings of $1.63 a share, beating the consensus estimate of $1.34, and its stock added 3.1% in premarket action.</p>\n<p><b>Etsy(ETSY)</b> – The online crafts marketplace issued weaker-than-expected current-quarter revenue guidance although it did beat forecasts for its most recent quarter, coming in 8 cents above estimates with earnings of 62 cents per share.Etsy&nbsp;shares&nbsp;fell&nbsp;1%&nbsp;in premarket trading.</p>\n<p><b>MGM Resorts(MGM)</b> – MGM rallied 2.4% in the premarket after announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. MGM said no sales agreement has been reached, however, and it did not disclose the name of any potential buyers.</p>\n<p><b>Regeneron Pharmaceuticals(REGN)</b> – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share, well above the $10.10 consensus estimate, on strong sales of its Covid-19 antibody cocktail as well as other treatments.</p>\n<p><b>Planet Fitness(PLNT)</b> – The fitness center operator’s stock surged 4.9% in premarket action after beating on the top and bottom lines and raising its full-year revenue forecast. Planet Fitness earned an adjusted 25 cents per share for its latest quarter, 7 cents above estimates.</p>\n<p><b>ViacomCBS(VIAC)</b> – ViacomCBS rose 0.7% in premarket trading after its quarterly earnings matched estimates and revenue came in better than expected. Results got a boost from strength in the company’s streaming and TV businesses.</p>\n<p><b>Wayfair(W)</b> – The online home goods seller slid 4.5% in the premarket after it reported an unexpected quarterly profit but saw revenue fall below analyst forecasts. Wayfair noted that spending has started to transition toward brick-and-mortar stores post-pandemic and it may take a few quarters for its growth to return to normal levels.</p>\n<p><b>Booking Holdings(BKNG)</b> – Booking Holdings rallied 4.6% in the premarket after the travel company reported better-than-expected profit and revenue for its latest quarter. The Priceline parent earned an adjusted $37.70 per share, compared with the $32.90 consensus estimate, and investors so far are shrugging off the company’s cautionary comments about a Covid-19 resurgence in Europe.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc.",".IXIC":"NASDAQ Composite","TTWO":"Take-Two Interactive Software","W":"Wayfair","TSLA":"特斯拉","QCOM":"高通","MRNA":"Moderna, Inc.","BKNG":"Booking Holdings","EA":"艺电",".SPX":"S&P 500 Index","MRK":"默沙东","REGN":"再生元制药公司","PLNT":"Planet Fitness Inc","MGM":"美高梅",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158417116","content_text":"The S&P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.\nAt 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.\n\nTesla Inc added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner Alphabet Inc, Amazon.com and Meta Platforms also edged higher.\nThe U.S. unemployment picture improved again last week, with initial filings for unemployment insurance falling to another pandemic-era low.First-time claims dropped to 269,000 for the week ended Oct. 30, down 14,000 from the previous period and better than the Dow Jones estimate for 275,000, the Labor Department reported Thursday.\nContinuing state jobless claims fall 134,000 to 2.1million;U.S. productivity sinks 5% in third quarter;U.S. trade gap widens to record $80.9 billion in September from revised $72.8 billion in prior month;U.S. output rises 1.7% in third quarter, hours worked jump 7%;U.S. unit-labor costs surge 8.3% in the third quarter.\nStocks making the biggest moves premarket: \nModerna(MRNA) – Moderna tumbled 11.5% in premarket action, following quarterly shortfalls in both earnings and revenue as well as a cut in the drug maker’s full-year earnings outlook. Moderna earned $7.70 per share for its latest quarter versus the $9.05 consensus estimate.\nMerck(MRK) – Britain became the first country to approve Merck & Co’s Covid-19 antiviral pill, with the nation’s drug regulator describing the treatment as safe and effective.Merck shares rose 3.2% in premarket U.S. trading.\nRoku(ROKU) – Roku shares slid 7.4% in premarket trading despite an earnings beat. The video-streaming device maker earned 48 cents per share for its latest quarter, well above the 6-cent consensus estimate, but revenue fell short of forecasts and the company issued a lower-than-expected revenue forecast for the holiday quarter.\nQualcomm(QCOM) – Qualcomm beat estimates by 29 cents with adjusted quarterly earnings of $2.55 per share, and the chip maker’s revenue also beat forecasts. Qualcomm also forecasts strong growth, driven by demands for 5G smartphone technology. Shares jumped 9.6% in premarket trading.\nElectronic Arts(EA) – Electronic Arts reported an adjusted quarterly profit of $1.49 per share, compared with a consensus estimate of $1.17. The video game maker also beat on the top line. EA also raised its full-year outlook amid strength in its sports-themed games. Electronic Arts added 2.9% in the premarket.\nTake-Two Interactive(TTWO) – Take-Two had a quarter that mirrored rival Electronic Arts, beating on both the top and bottom lines, and raising its outlook. Take-Two reported adjusted earnings of $1.63 a share, beating the consensus estimate of $1.34, and its stock added 3.1% in premarket action.\nEtsy(ETSY) – The online crafts marketplace issued weaker-than-expected current-quarter revenue guidance although it did beat forecasts for its most recent quarter, coming in 8 cents above estimates with earnings of 62 cents per share.Etsy shares fell 1% in premarket trading.\nMGM Resorts(MGM) – MGM rallied 2.4% in the premarket after announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. MGM said no sales agreement has been reached, however, and it did not disclose the name of any potential buyers.\nRegeneron Pharmaceuticals(REGN) – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share, well above the $10.10 consensus estimate, on strong sales of its Covid-19 antibody cocktail as well as other treatments.\nPlanet Fitness(PLNT) – The fitness center operator’s stock surged 4.9% in premarket action after beating on the top and bottom lines and raising its full-year revenue forecast. Planet Fitness earned an adjusted 25 cents per share for its latest quarter, 7 cents above estimates.\nViacomCBS(VIAC) – ViacomCBS rose 0.7% in premarket trading after its quarterly earnings matched estimates and revenue came in better than expected. Results got a boost from strength in the company’s streaming and TV businesses.\nWayfair(W) – The online home goods seller slid 4.5% in the premarket after it reported an unexpected quarterly profit but saw revenue fall below analyst forecasts. Wayfair noted that spending has started to transition toward brick-and-mortar stores post-pandemic and it may take a few quarters for its growth to return to normal levels.\nBooking Holdings(BKNG) – Booking Holdings rallied 4.6% in the premarket after the travel company reported better-than-expected profit and revenue for its latest quarter. The Priceline parent earned an adjusted $37.70 per share, compared with the $32.90 consensus estimate, and investors so far are shrugging off the company’s cautionary comments about a Covid-19 resurgence in Europe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848492284,"gmtCreate":1636017609694,"gmtModify":1636017712870,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848492284","repostId":"1185162858","repostType":4,"repost":{"id":"1185162858","pubTimestamp":1636008161,"share":"https://www.laohu8.com/m/news/1185162858?lang=&edition=full","pubTime":"2021-11-04 14:42","market":"us","language":"en","title":"Google to Pursue Pentagon Cloud-Computing Contract","url":"https://stock-news.laohu8.com/highlight/detail?id=1185162858","media":"The Wall Street Journal","summary":"Company pulled out of bidding for similar project three years ago amid employee complaints about doi","content":"<p>Company pulled out of bidding for similar project three years ago amid employee complaints about doing military work</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9a9870203a3fe896c21f89c57417d86\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>The Google Cloud computing unit, with headquarters in Sunnyvale, Calif., lags considerably behind Amazon and Microsoft in market share.</span></p>\n<p>Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests.</p>\n<p>The head of the&nbsp;Alphabet&nbsp;Inc.&nbsp;subsidiary’s cloud division, Thomas Kurian, met this week with Pentagon officials to discuss the bid process for a contract called the Joint Warfighting Cloud Capability, according to people familiar with the meeting.</p>\n<p>The three-year contract will be split across multiple bidders. It replaces the 10-year, $10 billion&nbsp;JEDI cloud-computing contract terminated in July, which was planned to consolidate the Pentagon’s patchwork of data systems to give defense personnel better access to real-time information and artificial-intelligence capabilities.</p>\n<p>The Pentagon said the contract was canceled because of its evolving needs. The project was mired in years of squabbling between&nbsp;Microsoft&nbsp;Corp., which won the bidding, and&nbsp;Amazon.com&nbsp;Inc.,which contended the process was politically motivatedunder the Trump administration.</p>\n<p>In conjunction with that contract’s cancellation, officials said they would create a new project that better addressed their needs. Officials expect cloud-industry leaders Amazon and Microsoft to bid on the contract, as well as other qualified bidders such as&nbsp;Oracle&nbsp;Corp.&nbsp;and&nbsp;International Business Machines&nbsp;Corp.</p>\n<p>A Google spokesman said the company supports the Pentagon’s plan to diversify the contract by splitting it across multiple cloud providers. He added, “We are firmly committed to serving our public sector customers…and we will evaluate any future bid opportunities accordingly.”</p>\n<p>A Department of Defense spokesman declined to comment on specific bid interest. The department aims to award the contracts by April.</p>\n<p>The meeting this week and Google’s interest was earlier reported by the New York Times.</p>\n<p>Google’s plan to bid will be a major test of Chief Executive Sundar Pichai’s success in taming what has been an outspoken workforce. In 2018, the company came under fire from employee activists over a Pentagon contract to supply imaging tools used by drones. Several outspoken employees quit.</p>\n<p>The company later&nbsp;abandoned the contract and pledged not to allow&nbsp;its artificial-intelligence products to be used in military weapons. It also dropped out of the JEDI bid process.</p>\n<p>Mr. Pichai later scaled back the company’s weekly all-hands meetings known as TGIF. Google also dismissed some outspoken employees.</p>\n<p>Hundreds of workers have since joined the Alphabet Workers Union. In the wake of news Wednesday that Google plans to bid on the new Pentagon contracts, the union posted on Twitter: “Workers will fight this—&amp; we will win again.”</p>\n<p>A latecomer to cloud computing, Google has been eager to gain share of a market dominated by Amazon and Microsoft. The company has increased cloud-computing sales to $13.67 billion through the first three quarters of the year, already eclipsing last year’s total revenue by more than $500 million.</p>\n<p>However, its 6% market share lags considerably behind Amazon and Microsoft, which account for 41% and 20% of the market, respectively.</p>\n<p>In contesting the JEDI award to Microsoft, Amazon contended in court that then-President Donald Trump exerted improper pressure on the Pentagon to keep the contract from going to Amazon because it was led by founder&nbsp;Jeff Bezos.</p>\n<p>At the time, the Trump White House referred questions to the Pentagon, which denied that Mr. Trump or administration officials had any impact on the selection process.</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>Google to Pursue Pentagon Cloud-Computing Contract</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\">\nGoogle to Pursue Pentagon Cloud-Computing Contract\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 14:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/google-to-pursue-pentagon-cloud-computing-contract-11635982488?mod=hp_lista_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company pulled out of bidding for similar project three years ago amid employee complaints about doing military work\nThe Google Cloud computing unit, with headquarters in Sunnyvale, Calif., lags ...</p>\n\n<a href=\"https://www.wsj.com/articles/google-to-pursue-pentagon-cloud-computing-contract-11635982488?mod=hp_lista_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.wsj.com/articles/google-to-pursue-pentagon-cloud-computing-contract-11635982488?mod=hp_lista_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185162858","content_text":"Company pulled out of bidding for similar project three years ago amid employee complaints about doing military work\nThe Google Cloud computing unit, with headquarters in Sunnyvale, Calif., lags considerably behind Amazon and Microsoft in market share.\nGoogle is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests.\nThe head of the Alphabet Inc. subsidiary’s cloud division, Thomas Kurian, met this week with Pentagon officials to discuss the bid process for a contract called the Joint Warfighting Cloud Capability, according to people familiar with the meeting.\nThe three-year contract will be split across multiple bidders. It replaces the 10-year, $10 billion JEDI cloud-computing contract terminated in July, which was planned to consolidate the Pentagon’s patchwork of data systems to give defense personnel better access to real-time information and artificial-intelligence capabilities.\nThe Pentagon said the contract was canceled because of its evolving needs. The project was mired in years of squabbling between Microsoft Corp., which won the bidding, and Amazon.com Inc.,which contended the process was politically motivatedunder the Trump administration.\nIn conjunction with that contract’s cancellation, officials said they would create a new project that better addressed their needs. Officials expect cloud-industry leaders Amazon and Microsoft to bid on the contract, as well as other qualified bidders such as Oracle Corp. and International Business Machines Corp.\nA Google spokesman said the company supports the Pentagon’s plan to diversify the contract by splitting it across multiple cloud providers. He added, “We are firmly committed to serving our public sector customers…and we will evaluate any future bid opportunities accordingly.”\nA Department of Defense spokesman declined to comment on specific bid interest. The department aims to award the contracts by April.\nThe meeting this week and Google’s interest was earlier reported by the New York Times.\nGoogle’s plan to bid will be a major test of Chief Executive Sundar Pichai’s success in taming what has been an outspoken workforce. In 2018, the company came under fire from employee activists over a Pentagon contract to supply imaging tools used by drones. Several outspoken employees quit.\nThe company later abandoned the contract and pledged not to allow its artificial-intelligence products to be used in military weapons. It also dropped out of the JEDI bid process.\nMr. Pichai later scaled back the company’s weekly all-hands meetings known as TGIF. Google also dismissed some outspoken employees.\nHundreds of workers have since joined the Alphabet Workers Union. In the wake of news Wednesday that Google plans to bid on the new Pentagon contracts, the union posted on Twitter: “Workers will fight this—& we will win again.”\nA latecomer to cloud computing, Google has been eager to gain share of a market dominated by Amazon and Microsoft. The company has increased cloud-computing sales to $13.67 billion through the first three quarters of the year, already eclipsing last year’s total revenue by more than $500 million.\nHowever, its 6% market share lags considerably behind Amazon and Microsoft, which account for 41% and 20% of the market, respectively.\nIn contesting the JEDI award to Microsoft, Amazon contended in court that then-President Donald Trump exerted improper pressure on the Pentagon to keep the contract from going to Amazon because it was led by founder Jeff Bezos.\nAt the time, the Trump White House referred questions to the Pentagon, which denied that Mr. Trump or administration officials had any impact on the selection process.","news_type":1},"isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848492373,"gmtCreate":1636017578253,"gmtModify":1636017578790,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848492373","repostId":"1166681038","repostType":4,"repost":{"id":"1166681038","pubTimestamp":1636009234,"share":"https://www.laohu8.com/m/news/1166681038?lang=&edition=full","pubTime":"2021-11-04 15:00","market":"us","language":"en","title":"Apple Stock: It's Inching Toward All-Time Highs. What Will November Bring? ","url":"https://stock-news.laohu8.com/highlight/detail?id=1166681038","media":"TheStreet","summary":"With only two months to go in 2021, Apple stock has just breached $150 in share price, and it inches","content":"<p>With only two months to go in 2021, Apple stock&nbsp;has just breached $150 in share price, and it inches toward all-time highs once again. Today, the Apple Maven talks about what investors should expect of AAPL in November. Is now a good time to hold shares, or should investors look for opportunities elsewhere?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f77cd919bf55f9c7b79f631b0255910\" tg-width=\"1240\" tg-height=\"697\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple Park in Cupertino, CA.</span></p>\n<p><b>Thinking long term first</b></p>\n<p>When it comes to AAPL, it is&nbsp;not a secret that I care much more&nbsp;about the long-term prospects than about the short-term trade opportunity. From this perspective, I continue to think that AAPL is a good stock to own at next-year earnings multiples of 26 times that I find modest, given strong fundamentals.</p>\n<p>To be clear,investors did not seem too happy&nbsp;about Apple’s recent revenue miss – a rarity over the past five years at least. The infamous global supply chain issues of 2021 prevented the Cupertino company from realizing $6 billion in revenues, also putting at risk the results of the crucial holiday quarter.</p>\n<p>But under the hood, and aside from temporary procurement and logistics challenges, Apple seems to be doing quite well. CEO Tim Cook reemphasized high demand for Apple’s products and services, which he characterized as “enthusiastic”.Average prices for devices&nbsp;seem to be high, and margins remain healthy.</p>\n<p>Therefore, buying an arguably great stock at a slight discount to the early September all-time high seems sensible to me.</p>\n<p><b>Seasonality is unfavorable</b></p>\n<p>To answer the question of timing, however, one must consider short term factors. From a seasonality perspective, November is about as bad a month to buy AAPL, as the chart below suggests.</p>\n<p>Since the launch of the iPhone, in 2007, Apple stock has produced an average loss of -0.2% in the second-to-last month of the year. Worse yet, the losses have widened to nearly -2% in December and January combined. This is probably the result of sell-the-news pressures, following the launch of the newest iPhone in the fall and amid the busy holiday shopping weeks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d445e7006af8b9873ba75d03c839fa4\" tg-width=\"668\" tg-height=\"349\" width=\"100%\" height=\"auto\"><span>Figure 2: AAPL average monthly return since iPhone launch.</span></p>\n<p>In fact, the holiday season could play an important role in how Apple stock performs in November. Revenue expectations have probably been set lower, given the supply chain disruptions that the management team warned about during the earnings call. Keep an eye on&nbsp;official&nbsp;monthly retail sales data and online shopping&nbsp;reports&nbsp;to see how well consumer product companies perform in Q4.</p>\n<p><b>What the technicals say</b></p>\n<p>From a technical (i.e. chart-reading) perspective, the signals seem to be mixed. The first graph below shows that Apple stock currently trades just above its 50-day and 150-day moving averages, suggesting that a bit of positive momentum has started to build since right before earnings. Also, share price has consistently found support at the longer-term moving average, which is currently $140.</p>\n<p>On the other hand, shares have been trading largely sideways within a narrow price band of $140 and $157 since the start of Q2, and the stock has yet to breach to the upside. Also, any potential bullishness of late has not been backed up by much volume. In fact, average number of shares traded recently has dipped to pre-COVID bear levels once again (second chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/24486ab543e6413994d549ee698bea49\" tg-width=\"738\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>Figure 2: AAPL price chart and trading volume.</span></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>Apple Stock: It's Inching Toward All-Time Highs. What Will November Bring? </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: It's Inching Toward All-Time Highs. What Will November Bring? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/what-to-expect-of-apple-stock-in-november><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With only two months to go in 2021, Apple stock has just breached $150 in share price, and it inches toward all-time highs once again. Today, the Apple Maven talks about what investors should expect ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/what-to-expect-of-apple-stock-in-november\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/what-to-expect-of-apple-stock-in-november","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166681038","content_text":"With only two months to go in 2021, Apple stock has just breached $150 in share price, and it inches toward all-time highs once again. Today, the Apple Maven talks about what investors should expect of AAPL in November. Is now a good time to hold shares, or should investors look for opportunities elsewhere?\nFigure 1: Apple Park in Cupertino, CA.\nThinking long term first\nWhen it comes to AAPL, it is not a secret that I care much more about the long-term prospects than about the short-term trade opportunity. From this perspective, I continue to think that AAPL is a good stock to own at next-year earnings multiples of 26 times that I find modest, given strong fundamentals.\nTo be clear,investors did not seem too happy about Apple’s recent revenue miss – a rarity over the past five years at least. The infamous global supply chain issues of 2021 prevented the Cupertino company from realizing $6 billion in revenues, also putting at risk the results of the crucial holiday quarter.\nBut under the hood, and aside from temporary procurement and logistics challenges, Apple seems to be doing quite well. CEO Tim Cook reemphasized high demand for Apple’s products and services, which he characterized as “enthusiastic”.Average prices for devices seem to be high, and margins remain healthy.\nTherefore, buying an arguably great stock at a slight discount to the early September all-time high seems sensible to me.\nSeasonality is unfavorable\nTo answer the question of timing, however, one must consider short term factors. From a seasonality perspective, November is about as bad a month to buy AAPL, as the chart below suggests.\nSince the launch of the iPhone, in 2007, Apple stock has produced an average loss of -0.2% in the second-to-last month of the year. Worse yet, the losses have widened to nearly -2% in December and January combined. This is probably the result of sell-the-news pressures, following the launch of the newest iPhone in the fall and amid the busy holiday shopping weeks.\nFigure 2: AAPL average monthly return since iPhone launch.\nIn fact, the holiday season could play an important role in how Apple stock performs in November. Revenue expectations have probably been set lower, given the supply chain disruptions that the management team warned about during the earnings call. Keep an eye on official monthly retail sales data and online shopping reports to see how well consumer product companies perform in Q4.\nWhat the technicals say\nFrom a technical (i.e. chart-reading) perspective, the signals seem to be mixed. The first graph below shows that Apple stock currently trades just above its 50-day and 150-day moving averages, suggesting that a bit of positive momentum has started to build since right before earnings. Also, share price has consistently found support at the longer-term moving average, which is currently $140.\nOn the other hand, shares have been trading largely sideways within a narrow price band of $140 and $157 since the start of Q2, and the stock has yet to breach to the upside. Also, any potential bullishness of late has not been backed up by much volume. In fact, average number of shares traded recently has dipped to pre-COVID bear levels once again (second chart below).\nFigure 2: AAPL price chart and trading volume.","news_type":1},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848313467,"gmtCreate":1635965935881,"gmtModify":1635965936431,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848313467","repostId":"1128649961","repostType":4,"repost":{"id":"1128649961","pubTimestamp":1635954934,"share":"https://www.laohu8.com/m/news/1128649961?lang=&edition=full","pubTime":"2021-11-03 23:55","market":"us","language":"en","title":"Amazon Stock: It's Down 12% From Record. Buy in November? ","url":"https://stock-news.laohu8.com/highlight/detail?id=1128649961","media":"TheStreet","summary":"Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and ","content":"<p>Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and supply disruptions. As worries remain, should investors buy the dip in November?</p>\n<p>Since&nbsp;the company’s second quarter earnings report, Amazon stock&nbsp;has been struggling to find traction. And while some hoped that third quarter results could suggest a post-pandemic recovery in e-commerce, Amazon’s online store sales climbed a mere 12% – low compared to nearly 40% last year.</p>\n<p>Now, AMZN is 12% off its all-time high. Given the current setup, could November be a good month to buy Amazon stock? The Amazon Maven discusses the opportunity below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/859137fd59747f3531fd786b5fae3a82\" tg-width=\"893\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Figure 1: Amazon fulfillment center.</span></p>\n<p><b>Fundamentals still solid</b></p>\n<p>Few will disagree that Amazon is still the king of e-commerce. The company has been using the “flywheel approach” to its advantage, pulling together demand for its products and services and creating customer loyalty. With the number of Prime members&nbsp;expected to reach nearly 7 out of 10 American households&nbsp;by 2025, we believe that the Seattle-based company is the obvious candidate to capture the most growth opportunities.</p>\n<p>On the cloud side, Amazon seems to have nothing but blue skies ahead (pun intended). AWS (i.e. Amazon Web Services) was instrumental in keeping total company op profits afloat in the third quarter – a combination of top-line momentum and a low marginal cost model. With the cloud space projected to grow at a CAGR of nearly 20% through 2028 at least, market leader Amazon stands to benefit.</p>\n<p><b>Buying the dip</b></p>\n<p>While it is hard to make short-term predictions on price movement, the recent pullback in AMZN could be an opportunity for long-term shareholders.As the Amazon Maven has discussed before, “buying the fear and selling the greed” has worked well for Amazon stock.</p>\n<p>The chart below shows that buying AMZN and holding it for a year has produced an average of 33% in gains over the past two decades. Doing so after a 15% correction or more has led to even better returns of 42%. Therefore, with the stock officially in correction mode (i.e. 10% or more below peak levels), November could prove to be a good time to buy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe59b47af83bd439a7f35ab6c5325b9b\" tg-width=\"630\" tg-height=\"410\" width=\"100%\" height=\"auto\"><span>Figure 2: Median one-year return on AMZN.</span></p>\n<p><b>Wall Street says buy</b></p>\n<p>The pandemic has led analysts to think that shopping habits would be disrupted for good. However, Amazon’s two most recent earnings reports have proven that e-commerce benefited from a temporary spike in buy-from-home activity in 2020 – and that enough demand has been shifting back to the brick-and-mortar channel this year.</p>\n<p>Expectations seem to have been reset. Still, Wall Street consensus remains highly bullish. Analysts believe that Amazon stock should be worth over $4,000 in the foreseeable future, according to TipRanks. If so, this would represent upside of 22%, even if such gains may take months to materialize.</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>Amazon Stock: It's Down 12% From Record. Buy in November? </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\">\nAmazon Stock: It's Down 12% From Record. Buy in November? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 23:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/amazon-stock-should-you-buy-in-november><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and supply disruptions. As worries remain, should investors buy the dip in November?\nSince the company’s...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amazon-stock-should-you-buy-in-november\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amazon-stock-should-you-buy-in-november","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128649961","content_text":"Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and supply disruptions. As worries remain, should investors buy the dip in November?\nSince the company’s second quarter earnings report, Amazon stock has been struggling to find traction. And while some hoped that third quarter results could suggest a post-pandemic recovery in e-commerce, Amazon’s online store sales climbed a mere 12% – low compared to nearly 40% last year.\nNow, AMZN is 12% off its all-time high. Given the current setup, could November be a good month to buy Amazon stock? The Amazon Maven discusses the opportunity below.\nFigure 1: Amazon fulfillment center.\nFundamentals still solid\nFew will disagree that Amazon is still the king of e-commerce. The company has been using the “flywheel approach” to its advantage, pulling together demand for its products and services and creating customer loyalty. With the number of Prime members expected to reach nearly 7 out of 10 American households by 2025, we believe that the Seattle-based company is the obvious candidate to capture the most growth opportunities.\nOn the cloud side, Amazon seems to have nothing but blue skies ahead (pun intended). AWS (i.e. Amazon Web Services) was instrumental in keeping total company op profits afloat in the third quarter – a combination of top-line momentum and a low marginal cost model. With the cloud space projected to grow at a CAGR of nearly 20% through 2028 at least, market leader Amazon stands to benefit.\nBuying the dip\nWhile it is hard to make short-term predictions on price movement, the recent pullback in AMZN could be an opportunity for long-term shareholders.As the Amazon Maven has discussed before, “buying the fear and selling the greed” has worked well for Amazon stock.\nThe chart below shows that buying AMZN and holding it for a year has produced an average of 33% in gains over the past two decades. Doing so after a 15% correction or more has led to even better returns of 42%. Therefore, with the stock officially in correction mode (i.e. 10% or more below peak levels), November could prove to be a good time to buy.\nFigure 2: Median one-year return on AMZN.\nWall Street says buy\nThe pandemic has led analysts to think that shopping habits would be disrupted for good. However, Amazon’s two most recent earnings reports have proven that e-commerce benefited from a temporary spike in buy-from-home activity in 2020 – and that enough demand has been shifting back to the brick-and-mortar channel this year.\nExpectations seem to have been reset. Still, Wall Street consensus remains highly bullish. Analysts believe that Amazon stock should be worth over $4,000 in the foreseeable future, according to TipRanks. If so, this would represent upside of 22%, even if such gains may take months to materialize.","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828863323,"gmtCreate":1633899027213,"gmtModify":1633899027408,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"&nbsp; &nbsp;Like","listText":"&nbsp; &nbsp;Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828863323","repostId":"1155472390","repostType":4,"repost":{"id":"1155472390","pubTimestamp":1633749475,"share":"https://www.laohu8.com/m/news/1155472390?lang=&edition=full","pubTime":"2021-10-09 11:17","market":"us","language":"en","title":"Elon Musk Just Added $11 Billion in Wealth, Dominating the World’s Richest List","url":"https://stock-news.laohu8.com/highlight/detail?id=1155472390","media":"Bloomberg","summary":"Elon Musk is pulling away from the rest of the world when it comes to personal wealth.\nMusk’s net wo","content":"<p>Elon Musk&nbsp;is pulling away from the rest of the world when it comes to personal wealth.</p>\n<p>Musk’s net worth rocketed to $223 billion, according to the&nbsp;Bloomberg Billionaires Index, after an agreement with investors valued his SpaceX in excess of$100 billion.</p>\n<p>The deal gives Musk an additional $10.6 billion, thanks to his ownership of the rocket company that he founded in 2002 with the goal of colonizing Mars. Amazon.com Inc.’s&nbsp;Jeff Bezos&nbsp;is No. 2 in the global ranking with $191.6 billion.</p>\n<p>Musk derives around three-quarters of his wealth from Tesla Inc., which he co-founded in 2003 after making a fortune from the sale of e-commerce site PayPal to eBay Inc. for $1.5 billion.</p>\n<p>The new SpaceX valuation comes a little more than a year after the Hawthorne, California-based company&nbsp;completed&nbsp;its first crewed test flight of astronauts to the International Space Station for NASA. It is now more valuable than Lockheed Martin Corp., the biggest pure-play defense contractor in the world.</p>\n<p>Bezos, Zuckerberg</p>\n<p>The world’s billionaires have been rapidly accumulating wealth as central banks pump liquidity into the global economy, even as millions remain&nbsp;jobless&nbsp;amid a fragile economic recovery. The 500 richest people have added $742 billion so far this year, according to the Bloomberg index.</p>\n<p>But even among ultra-billionaires, Musk’s surging personal fortune increasingly puts him in an orbit of his own.</p>\n<p>Bezos has seen little change to his wealth this year as Amazon’s stock&nbsp;has stagnated&nbsp;following an initial post-Covid surge.Bill Gates’s fortune has shrunk as he&nbsp;transferred assets&nbsp;to ex-wife&nbsp;Melinda French Gates.Mark Zuckerberg’s net worth&nbsp;plummeted&nbsp;by $6 billion in a matter of hours earlier this week after Facebook Inc. came under fire amid damaging whistleblower reports and an&nbsp;hours-long outage.</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>Elon Musk Just Added $11 Billion in Wealth, Dominating the World’s Richest List</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 Just Added $11 Billion in Wealth, Dominating the World’s Richest List\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-09 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-10-08/musk-just-added-11-billion-in-wealth-dominates-the-rich-list><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is pulling away from the rest of the world when it comes to personal wealth.\nMusk’s net worth rocketed to $223 billion, according to the Bloomberg Billionaires Index, after an agreement with...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-08/musk-just-added-11-billion-in-wealth-dominates-the-rich-list\">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.bloomberg.com/news/articles/2021-10-08/musk-just-added-11-billion-in-wealth-dominates-the-rich-list","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155472390","content_text":"Elon Musk is pulling away from the rest of the world when it comes to personal wealth.\nMusk’s net worth rocketed to $223 billion, according to the Bloomberg Billionaires Index, after an agreement with investors valued his SpaceX in excess of$100 billion.\nThe deal gives Musk an additional $10.6 billion, thanks to his ownership of the rocket company that he founded in 2002 with the goal of colonizing Mars. Amazon.com Inc.’s Jeff Bezos is No. 2 in the global ranking with $191.6 billion.\nMusk derives around three-quarters of his wealth from Tesla Inc., which he co-founded in 2003 after making a fortune from the sale of e-commerce site PayPal to eBay Inc. for $1.5 billion.\nThe new SpaceX valuation comes a little more than a year after the Hawthorne, California-based company completed its first crewed test flight of astronauts to the International Space Station for NASA. It is now more valuable than Lockheed Martin Corp., the biggest pure-play defense contractor in the world.\nBezos, Zuckerberg\nThe world’s billionaires have been rapidly accumulating wealth as central banks pump liquidity into the global economy, even as millions remain jobless amid a fragile economic recovery. The 500 richest people have added $742 billion so far this year, according to the Bloomberg index.\nBut even among ultra-billionaires, Musk’s surging personal fortune increasingly puts him in an orbit of his own.\nBezos has seen little change to his wealth this year as Amazon’s stock has stagnated following an initial post-Covid surge.Bill Gates’s fortune has shrunk as he transferred assets to ex-wife Melinda French Gates.Mark Zuckerberg’s net worth plummeted by $6 billion in a matter of hours earlier this week after Facebook Inc. came under fire amid damaging whistleblower reports and an hours-long outage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":127965864,"gmtCreate":1624819340858,"gmtModify":1631885859927,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Starbucks&nbsp;[强]&nbsp;","listText":"Starbucks&nbsp;[强]&nbsp;","text":"Starbucks [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127965864","repostId":"2146107083","repostType":4,"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":164098338,"gmtCreate":1624160417324,"gmtModify":1634010029985,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":",[强]&nbsp;","listText":",[强]&nbsp;","text":",[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164098338","repostId":"2144706496","repostType":2,"repost":{"id":"2144706496","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624147740,"share":"https://www.laohu8.com/m/news/2144706496?lang=&edition=full","pubTime":"2021-06-20 08:09","market":"us","language":"en","title":"How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free","url":"https://stock-news.laohu8.com/highlight/detail?id=2144706496","media":"Dow Jones","summary":"MW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n\n\n  Catey H","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n</p>\n<p>\n  Catey Hill \n</p>\n<p>\n  Even after the free trial ends, Amazon Music Unlimited is cheaper for Prime members than Spotify or Tidal. Should you try it? \n</p>\n<p>\n  MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. \n</p>\n<p>\n  This deal may be music to your ears: Amazon has announced that it is now offering a four-month free trial of its Amazon Music Unlimited service  Should you give it a try? \n</p>\n<p>\n  What we like about the deal: With Amazon Music Unlimited, you get ad-free, unlimited access to 75 million songs in HD, everything from classics like the entire Beatles catalog to newer hitmakers like Bruno Mars. You will also have access to thousands of curated playlists and stations, as well as podcasts, and can listen to any song, anytime and anywhere. Note that this is different than Prime Music, which Prime members get for free, but only has about 2 million songs. \n</p>\n<p>\n  Critics speak highly of the service, with PC Magazine , than Spotify or Tidal, though non-Prime members pay $9.99 per month. You can cancel renewal any time by visiting your Amazon Music Settings. \n</p>\n<p>\n  Other things to consider: Tidal and Spotify tend to have more bells and whistles, some reviewers note, and Prime members already get two million songs free, which might be enough for very casual music listeners. You also will need to remember to cancel if you don't like the service; and this deal is only available to Prime members who have not already tried Amazon Music Unlimited.Bottom line: If you're looking for a streaming service, this could be worth a try for those considering a new music subscription service. If you're a Prime member, the $7.99 price tag is especially enticing. \n</p>\n<p>\n  FREE TRIAL: Get 4 months of Amazon Music Unlimited free  \n</p>\n<p>\n  -Catey Hill; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 20:09 ET (00:09 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free</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\">\nHow to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-20 08:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n</p>\n<p>\n  Catey Hill \n</p>\n<p>\n  Even after the free trial ends, Amazon Music Unlimited is cheaper for Prime members than Spotify or Tidal. Should you try it? \n</p>\n<p>\n  MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. \n</p>\n<p>\n  This deal may be music to your ears: Amazon has announced that it is now offering a four-month free trial of its Amazon Music Unlimited service  Should you give it a try? \n</p>\n<p>\n  What we like about the deal: With Amazon Music Unlimited, you get ad-free, unlimited access to 75 million songs in HD, everything from classics like the entire Beatles catalog to newer hitmakers like Bruno Mars. You will also have access to thousands of curated playlists and stations, as well as podcasts, and can listen to any song, anytime and anywhere. Note that this is different than Prime Music, which Prime members get for free, but only has about 2 million songs. \n</p>\n<p>\n  Critics speak highly of the service, with PC Magazine , than Spotify or Tidal, though non-Prime members pay $9.99 per month. You can cancel renewal any time by visiting your Amazon Music Settings. \n</p>\n<p>\n  Other things to consider: Tidal and Spotify tend to have more bells and whistles, some reviewers note, and Prime members already get two million songs free, which might be enough for very casual music listeners. You also will need to remember to cancel if you don't like the service; and this deal is only available to Prime members who have not already tried Amazon Music Unlimited.Bottom line: If you're looking for a streaming service, this could be worth a try for those considering a new music subscription service. If you're a Prime member, the $7.99 price tag is especially enticing. \n</p>\n<p>\n  FREE TRIAL: Get 4 months of Amazon Music Unlimited free  \n</p>\n<p>\n  -Catey Hill; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 20:09 ET (00:09 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","AMZN":"亚马逊","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144706496","content_text":"MW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n\n\n  Catey Hill \n\n\n  Even after the free trial ends, Amazon Music Unlimited is cheaper for Prime members than Spotify or Tidal. Should you try it? \n\n\n  MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. \n\n\n  This deal may be music to your ears: Amazon has announced that it is now offering a four-month free trial of its Amazon Music Unlimited service  Should you give it a try? \n\n\n  What we like about the deal: With Amazon Music Unlimited, you get ad-free, unlimited access to 75 million songs in HD, everything from classics like the entire Beatles catalog to newer hitmakers like Bruno Mars. You will also have access to thousands of curated playlists and stations, as well as podcasts, and can listen to any song, anytime and anywhere. Note that this is different than Prime Music, which Prime members get for free, but only has about 2 million songs. \n\n\n  Critics speak highly of the service, with PC Magazine , than Spotify or Tidal, though non-Prime members pay $9.99 per month. You can cancel renewal any time by visiting your Amazon Music Settings. \n\n\n  Other things to consider: Tidal and Spotify tend to have more bells and whistles, some reviewers note, and Prime members already get two million songs free, which might be enough for very casual music listeners. You also will need to remember to cancel if you don't like the service; and this deal is only available to Prime members who have not already tried Amazon Music Unlimited.Bottom line: If you're looking for a streaming service, this could be worth a try for those considering a new music subscription service. If you're a Prime member, the $7.99 price tag is especially enticing. \n\n\n  FREE TRIAL: Get 4 months of Amazon Music Unlimited free  \n\n\n  -Catey Hill; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 19, 2021 20:09 ET (00:09 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":181651985,"gmtCreate":1623391911847,"gmtModify":1634033823805,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice[强]&nbsp;","listText":"Nice[强]&nbsp;","text":"Nice[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/181651985","repostId":"1138970454","repostType":2,"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":844422019,"gmtCreate":1636453262994,"gmtModify":1636453365406,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/844422019","repostId":"1164632864","repostType":4,"repost":{"id":"1164632864","pubTimestamp":1636452133,"share":"https://www.laohu8.com/m/news/1164632864?lang=&edition=full","pubTime":"2021-11-09 18:02","market":"us","language":"en","title":"Why markets are like a duck: ‘calm above the surface, but furious churning below’","url":"https://stock-news.laohu8.com/highlight/detail?id=1164632864","media":"Marketwatch","summary":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial ","content":"<p>Mario Draghi famously&nbsp;likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”</p>\n<p>The calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.</p>\n<p>But below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a225428109bc24bddb8dbd14801b7065\" tg-width=\"700\" tg-height=\"408\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>Anyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.</p>\n<p>Short-term government bond yields, including those on 2-year U.S. Treasury notes,&nbsp;began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.</p>\n<p>The speed of the move has been interpreted by some investors as the potential harbinger of&nbsp;a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.</p>\n<p>Two-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.</p>\n<p>“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.</p>\n<p>Stocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&amp;P 500&nbsp;was up 26.9% year to date through Friday, while the Dow Jones Industrial Average&nbsp;has rallied 21.2% and the Nasdaq Composite&nbsp;advanced 23.9%.</p>\n<p>So what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&amp;P 500,” they said.</p>\n<p>It also means that risk premium matters (see chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1fa8a9c15b74f8c569f39f375770bdc7\" tg-width=\"700\" tg-height=\"383\" referrerpolicy=\"no-referrer\"><span>MORGAN STANLEY RESEARCH</span></p>\n<p>“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.</p>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why markets are like a duck: ‘calm above the surface, but furious churning below’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy markets are like a duck: ‘calm above the surface, but furious churning below’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 18:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning ...</p>\n\n<a href=\"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.marketwatch.com/story/why-markets-are-like-a-duck-calm-above-the-surface-but-furious-churning-below-11636395875?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1164632864","content_text":"Mario Draghi famously likened the euro to a bumblebee; Morgan Stanley analysts say global financial markets remind them of a duck floating on a pond: “calm above the surface, but furious churning below.”\nThe calm is reflected in a continued drop in realized, or actual, stock-market volatility as global equities soar to all-time highs. The analysts, led by Andrew Sheets, observed in a Friday note that realized, one-month equity volatility across the U.S., Europe and emerging markets has fallen to the 25th percentile of the last 15 years.\nBut below the surface, “volatility has jumped” for other assets, they wrote, unveiling a new cross-asset gauge, dubbed the Composite Sigma Indicator, which stands at its highest reading in five years with the exception of the COVID-induced turmoil of the second quarter of 2020 (see chart below). That reflects a rising number of extreme one-day moves, defined as a standard deviation of larger than 1.5.\nMORGAN STANLEY RESEARCH\nAnyone who has paid attention to the U.S. and global government bond markets in recent weeks probably won’t be surprised to learn that rates markets are at the heart of those moves. Indeed, the Composite Sigma Indicator has been driven by extreme moves in yield curves; inflation breakevens, which measure the difference between inflation-protected and nominal debt of the same maturity; and 2-year rates, the analysts said.\nShort-term government bond yields, including those on 2-year U.S. Treasury notes, began a sharp rise in September as investors began to pencil in a more aggressive stance by global central banks in response to inflation that has proven more persistent than expected. The gap between short- and long-dated yields narrowed significantly, a yield-curve phenomenon known as flattening.\nThe speed of the move has been interpreted by some investors as the potential harbinger of a “policy mistake,”in which central banks spark an economic downturn by tightening too aggressively. The moves also wrong-footed investors, leaving some high-profile hedge funds with large October losses,according to The Wall Street Journal.\nTwo-year rates in Poland, meanwhile, have risen by 85 basis points, or 0.85 percentage point, a 12.2 sigma deviation on the distribution of weekly moves for the rate, the analysts noted. The U.K. saw “extreme dislocations” as short-term rates rose and long-term rates fell, while in commodities markets, iron-ore prices are down 20%.\n“Rates are the sole driver of this move, while other assets are unusually calm. Risk management in global rates feels very different from equities or FX heading into year-end,” the analysts wrote.\nStocks stumbled in September, but major indexes roared back in October and continue to press to all-time highs this month. The S&P 500 was up 26.9% year to date through Friday, while the Dow Jones Industrial Average has rallied 21.2% and the Nasdaq Composite advanced 23.9%.\nSo what does it all mean? “It suggests that the liquidity environment is already shifting, even if not readily apparent in the S&P 500,” they said.\nIt also means that risk premium matters (see chart below).\nMORGAN STANLEY RESEARCH\n“Many of the markets with the largest recent moves were those priced for the calmest environments. As idiosyncratic risk rises, and risk management becomes more challenging, we see opportunities in high versus low risk premium markets,” they wrote.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848766494,"gmtCreate":1636030784367,"gmtModify":1636030784918,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"OK","listText":"OK","text":"OK","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/848766494","repostId":"1158417116","repostType":4,"repost":{"id":"1158417116","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":1636027483,"share":"https://www.laohu8.com/m/news/1158417116?lang=&edition=full","pubTime":"2021-11-04 20:04","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1158417116","media":"Tiger Newspress","summary":"The S&P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.At 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.Tesla Inc added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner A","content":"<p>The S&amp;P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&amp;P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.</p>\n<p><img src=\"https://static.tigerbbs.com/34b82a3a6bcc1b43dfa28ebacdf9efcb\" tg-width=\"1080\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla Inc&nbsp;added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner Alphabet Inc, Amazon.com&nbsp;and Meta Platforms&nbsp;also edged higher.</p>\n<p>The U.S. unemployment picture improved again last week, with initial filings for unemployment insurance falling to another pandemic-era low.First-time claims dropped to 269,000 for the week ended Oct. 30, down 14,000 from the previous period and better than the Dow Jones estimate for 275,000, the Labor Department reported Thursday.</p>\n<p>Continuing state jobless claims fall 134,000 to 2.1million;U.S. productivity sinks 5% in third quarter;U.S. trade gap widens to record $80.9 billion in September from revised $72.8 billion in prior month;U.S. output rises 1.7% in third quarter, hours worked jump 7%;U.S. unit-labor costs surge 8.3% in the third quarter.</p>\n<p><b>Stocks making the biggest moves premarket: </b></p>\n<p><b>Moderna(MRNA)</b> – Moderna tumbled 11.5% in premarket action, following quarterly shortfalls in both earnings and revenue as well as a cut in the drug maker’s full-year earnings outlook. Moderna earned $7.70 per share for its latest quarter versus the $9.05 consensus estimate.</p>\n<p><b>Merck(MRK)&nbsp;</b>–&nbsp;Britain became the first country to approve Merck &amp; Co’s Covid-19 antiviral pill, with the nation’s drug regulator describing the treatment as safe and effective.Merck shares rose 3.2% in premarket U.S. trading.</p>\n<p><b>Roku(ROKU) </b>– Roku shares slid 7.4% in premarket trading despite an earnings beat. The video-streaming device maker earned 48 cents per share for its latest quarter, well above the 6-cent consensus estimate, but revenue fell short of forecasts and the company issued a lower-than-expected revenue forecast for the holiday quarter.</p>\n<p><b>Qualcomm(QCOM)</b> – Qualcomm beat estimates by 29 cents with adjusted quarterly earnings of $2.55 per share, and the chip maker’s revenue also beat forecasts. Qualcomm also forecasts strong growth, driven by demands for 5G smartphone technology. Shares jumped 9.6% in premarket trading.</p>\n<p><b>Electronic Arts(EA)</b> – Electronic Arts reported an adjusted quarterly profit of $1.49 per share, compared with a consensus estimate of $1.17. The video game maker also beat on the top line. EA also raised its full-year outlook amid strength in its sports-themed games. Electronic Arts added 2.9% in the premarket.</p>\n<p><b>Take-Two Interactive(TTWO)</b> – Take-Two had a quarter that mirrored rival Electronic Arts, beating on both the top and bottom lines, and raising its outlook. Take-Two reported adjusted earnings of $1.63 a share, beating the consensus estimate of $1.34, and its stock added 3.1% in premarket action.</p>\n<p><b>Etsy(ETSY)</b> – The online crafts marketplace issued weaker-than-expected current-quarter revenue guidance although it did beat forecasts for its most recent quarter, coming in 8 cents above estimates with earnings of 62 cents per share.Etsy&nbsp;shares&nbsp;fell&nbsp;1%&nbsp;in premarket trading.</p>\n<p><b>MGM Resorts(MGM)</b> – MGM rallied 2.4% in the premarket after announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. MGM said no sales agreement has been reached, however, and it did not disclose the name of any potential buyers.</p>\n<p><b>Regeneron Pharmaceuticals(REGN)</b> – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share, well above the $10.10 consensus estimate, on strong sales of its Covid-19 antibody cocktail as well as other treatments.</p>\n<p><b>Planet Fitness(PLNT)</b> – The fitness center operator’s stock surged 4.9% in premarket action after beating on the top and bottom lines and raising its full-year revenue forecast. Planet Fitness earned an adjusted 25 cents per share for its latest quarter, 7 cents above estimates.</p>\n<p><b>ViacomCBS(VIAC)</b> – ViacomCBS rose 0.7% in premarket trading after its quarterly earnings matched estimates and revenue came in better than expected. Results got a boost from strength in the company’s streaming and TV businesses.</p>\n<p><b>Wayfair(W)</b> – The online home goods seller slid 4.5% in the premarket after it reported an unexpected quarterly profit but saw revenue fall below analyst forecasts. Wayfair noted that spending has started to transition toward brick-and-mortar stores post-pandemic and it may take a few quarters for its growth to return to normal levels.</p>\n<p><b>Booking Holdings(BKNG)</b> – Booking Holdings rallied 4.6% in the premarket after the travel company reported better-than-expected profit and revenue for its latest quarter. The Priceline parent earned an adjusted $37.70 per share, compared with the $32.90 consensus estimate, and investors so far are shrugging off the company’s cautionary comments about a Covid-19 resurgence in Europe.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Thursday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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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\">\nToplines Before US Market Open on Thursday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-11-04 20:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The S&amp;P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.</p>\n<p>At 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&amp;P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.</p>\n<p><img src=\"https://static.tigerbbs.com/34b82a3a6bcc1b43dfa28ebacdf9efcb\" tg-width=\"1080\" tg-height=\"396\" referrerpolicy=\"no-referrer\"></p>\n<p>Tesla Inc&nbsp;added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner Alphabet Inc, Amazon.com&nbsp;and Meta Platforms&nbsp;also edged higher.</p>\n<p>The U.S. unemployment picture improved again last week, with initial filings for unemployment insurance falling to another pandemic-era low.First-time claims dropped to 269,000 for the week ended Oct. 30, down 14,000 from the previous period and better than the Dow Jones estimate for 275,000, the Labor Department reported Thursday.</p>\n<p>Continuing state jobless claims fall 134,000 to 2.1million;U.S. productivity sinks 5% in third quarter;U.S. trade gap widens to record $80.9 billion in September from revised $72.8 billion in prior month;U.S. output rises 1.7% in third quarter, hours worked jump 7%;U.S. unit-labor costs surge 8.3% in the third quarter.</p>\n<p><b>Stocks making the biggest moves premarket: </b></p>\n<p><b>Moderna(MRNA)</b> – Moderna tumbled 11.5% in premarket action, following quarterly shortfalls in both earnings and revenue as well as a cut in the drug maker’s full-year earnings outlook. Moderna earned $7.70 per share for its latest quarter versus the $9.05 consensus estimate.</p>\n<p><b>Merck(MRK)&nbsp;</b>–&nbsp;Britain became the first country to approve Merck &amp; Co’s Covid-19 antiviral pill, with the nation’s drug regulator describing the treatment as safe and effective.Merck shares rose 3.2% in premarket U.S. trading.</p>\n<p><b>Roku(ROKU) </b>– Roku shares slid 7.4% in premarket trading despite an earnings beat. The video-streaming device maker earned 48 cents per share for its latest quarter, well above the 6-cent consensus estimate, but revenue fell short of forecasts and the company issued a lower-than-expected revenue forecast for the holiday quarter.</p>\n<p><b>Qualcomm(QCOM)</b> – Qualcomm beat estimates by 29 cents with adjusted quarterly earnings of $2.55 per share, and the chip maker’s revenue also beat forecasts. Qualcomm also forecasts strong growth, driven by demands for 5G smartphone technology. Shares jumped 9.6% in premarket trading.</p>\n<p><b>Electronic Arts(EA)</b> – Electronic Arts reported an adjusted quarterly profit of $1.49 per share, compared with a consensus estimate of $1.17. The video game maker also beat on the top line. EA also raised its full-year outlook amid strength in its sports-themed games. Electronic Arts added 2.9% in the premarket.</p>\n<p><b>Take-Two Interactive(TTWO)</b> – Take-Two had a quarter that mirrored rival Electronic Arts, beating on both the top and bottom lines, and raising its outlook. Take-Two reported adjusted earnings of $1.63 a share, beating the consensus estimate of $1.34, and its stock added 3.1% in premarket action.</p>\n<p><b>Etsy(ETSY)</b> – The online crafts marketplace issued weaker-than-expected current-quarter revenue guidance although it did beat forecasts for its most recent quarter, coming in 8 cents above estimates with earnings of 62 cents per share.Etsy&nbsp;shares&nbsp;fell&nbsp;1%&nbsp;in premarket trading.</p>\n<p><b>MGM Resorts(MGM)</b> – MGM rallied 2.4% in the premarket after announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. MGM said no sales agreement has been reached, however, and it did not disclose the name of any potential buyers.</p>\n<p><b>Regeneron Pharmaceuticals(REGN)</b> – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share, well above the $10.10 consensus estimate, on strong sales of its Covid-19 antibody cocktail as well as other treatments.</p>\n<p><b>Planet Fitness(PLNT)</b> – The fitness center operator’s stock surged 4.9% in premarket action after beating on the top and bottom lines and raising its full-year revenue forecast. Planet Fitness earned an adjusted 25 cents per share for its latest quarter, 7 cents above estimates.</p>\n<p><b>ViacomCBS(VIAC)</b> – ViacomCBS rose 0.7% in premarket trading after its quarterly earnings matched estimates and revenue came in better than expected. Results got a boost from strength in the company’s streaming and TV businesses.</p>\n<p><b>Wayfair(W)</b> – The online home goods seller slid 4.5% in the premarket after it reported an unexpected quarterly profit but saw revenue fall below analyst forecasts. Wayfair noted that spending has started to transition toward brick-and-mortar stores post-pandemic and it may take a few quarters for its growth to return to normal levels.</p>\n<p><b>Booking Holdings(BKNG)</b> – Booking Holdings rallied 4.6% in the premarket after the travel company reported better-than-expected profit and revenue for its latest quarter. The Priceline parent earned an adjusted $37.70 per share, compared with the $32.90 consensus estimate, and investors so far are shrugging off the company’s cautionary comments about a Covid-19 resurgence in Europe.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ETSY":"Etsy, Inc.",".IXIC":"NASDAQ Composite","TTWO":"Take-Two Interactive Software","W":"Wayfair","TSLA":"特斯拉","QCOM":"高通","MRNA":"Moderna, Inc.","BKNG":"Booking Holdings","EA":"艺电",".SPX":"S&P 500 Index","MRK":"默沙东","REGN":"再生元制药公司","PLNT":"Planet Fitness Inc","MGM":"美高梅",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158417116","content_text":"The S&P 500 and Nasdaq futures were at record highs on Thursday, propped up by a slew of stellar earnings reports and as investors shrugged off the Federal Reserve's first steps to begin paring its pandemic-era support.\nAt 8:00 a.m. ET, Dow e-minis were down 17 points, or 0.05%, S&P 500 e-minis were up 5.25 points, or 0.11%, and Nasdaq 100 e-minis were up 60.5 points, or 0.38%.\n\nTesla Inc added 1.9% and was set for a record open, while other mega-cap technology titans Microsoft Corp, Google-owner Alphabet Inc, Amazon.com and Meta Platforms also edged higher.\nThe U.S. unemployment picture improved again last week, with initial filings for unemployment insurance falling to another pandemic-era low.First-time claims dropped to 269,000 for the week ended Oct. 30, down 14,000 from the previous period and better than the Dow Jones estimate for 275,000, the Labor Department reported Thursday.\nContinuing state jobless claims fall 134,000 to 2.1million;U.S. productivity sinks 5% in third quarter;U.S. trade gap widens to record $80.9 billion in September from revised $72.8 billion in prior month;U.S. output rises 1.7% in third quarter, hours worked jump 7%;U.S. unit-labor costs surge 8.3% in the third quarter.\nStocks making the biggest moves premarket: \nModerna(MRNA) – Moderna tumbled 11.5% in premarket action, following quarterly shortfalls in both earnings and revenue as well as a cut in the drug maker’s full-year earnings outlook. Moderna earned $7.70 per share for its latest quarter versus the $9.05 consensus estimate.\nMerck(MRK) – Britain became the first country to approve Merck & Co’s Covid-19 antiviral pill, with the nation’s drug regulator describing the treatment as safe and effective.Merck shares rose 3.2% in premarket U.S. trading.\nRoku(ROKU) – Roku shares slid 7.4% in premarket trading despite an earnings beat. The video-streaming device maker earned 48 cents per share for its latest quarter, well above the 6-cent consensus estimate, but revenue fell short of forecasts and the company issued a lower-than-expected revenue forecast for the holiday quarter.\nQualcomm(QCOM) – Qualcomm beat estimates by 29 cents with adjusted quarterly earnings of $2.55 per share, and the chip maker’s revenue also beat forecasts. Qualcomm also forecasts strong growth, driven by demands for 5G smartphone technology. Shares jumped 9.6% in premarket trading.\nElectronic Arts(EA) – Electronic Arts reported an adjusted quarterly profit of $1.49 per share, compared with a consensus estimate of $1.17. The video game maker also beat on the top line. EA also raised its full-year outlook amid strength in its sports-themed games. Electronic Arts added 2.9% in the premarket.\nTake-Two Interactive(TTWO) – Take-Two had a quarter that mirrored rival Electronic Arts, beating on both the top and bottom lines, and raising its outlook. Take-Two reported adjusted earnings of $1.63 a share, beating the consensus estimate of $1.34, and its stock added 3.1% in premarket action.\nEtsy(ETSY) – The online crafts marketplace issued weaker-than-expected current-quarter revenue guidance although it did beat forecasts for its most recent quarter, coming in 8 cents above estimates with earnings of 62 cents per share.Etsy shares fell 1% in premarket trading.\nMGM Resorts(MGM) – MGM rallied 2.4% in the premarket after announcing plans to sell the operations of its Mirage casino in Las Vegas to another operator. MGM said no sales agreement has been reached, however, and it did not disclose the name of any potential buyers.\nRegeneron Pharmaceuticals(REGN) – The drug maker’s shares rallied 2.7% in the premarket after it reported a significant beat on both the top and bottom lines for its latest quarter. Regeneron earned an adjusted $15.37 per share, well above the $10.10 consensus estimate, on strong sales of its Covid-19 antibody cocktail as well as other treatments.\nPlanet Fitness(PLNT) – The fitness center operator’s stock surged 4.9% in premarket action after beating on the top and bottom lines and raising its full-year revenue forecast. Planet Fitness earned an adjusted 25 cents per share for its latest quarter, 7 cents above estimates.\nViacomCBS(VIAC) – ViacomCBS rose 0.7% in premarket trading after its quarterly earnings matched estimates and revenue came in better than expected. Results got a boost from strength in the company’s streaming and TV businesses.\nWayfair(W) – The online home goods seller slid 4.5% in the premarket after it reported an unexpected quarterly profit but saw revenue fall below analyst forecasts. Wayfair noted that spending has started to transition toward brick-and-mortar stores post-pandemic and it may take a few quarters for its growth to return to normal levels.\nBooking Holdings(BKNG) – Booking Holdings rallied 4.6% in the premarket after the travel company reported better-than-expected profit and revenue for its latest quarter. The Priceline parent earned an adjusted $37.70 per share, compared with the $32.90 consensus estimate, and investors so far are shrugging off the company’s cautionary comments about a Covid-19 resurgence in Europe.","news_type":1},"isVote":1,"tweetType":1,"viewCount":593,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":181651985,"gmtCreate":1623391911847,"gmtModify":1634033823805,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Nice[强]&nbsp;","listText":"Nice[强]&nbsp;","text":"Nice[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/181651985","repostId":"1138970454","repostType":2,"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848313467,"gmtCreate":1635965935881,"gmtModify":1635965936431,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848313467","repostId":"1128649961","repostType":4,"repost":{"id":"1128649961","pubTimestamp":1635954934,"share":"https://www.laohu8.com/m/news/1128649961?lang=&edition=full","pubTime":"2021-11-03 23:55","market":"us","language":"en","title":"Amazon Stock: It's Down 12% From Record. Buy in November? ","url":"https://stock-news.laohu8.com/highlight/detail?id=1128649961","media":"TheStreet","summary":"Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and ","content":"<p>Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and supply disruptions. As worries remain, should investors buy the dip in November?</p>\n<p>Since&nbsp;the company’s second quarter earnings report, Amazon stock&nbsp;has been struggling to find traction. And while some hoped that third quarter results could suggest a post-pandemic recovery in e-commerce, Amazon’s online store sales climbed a mere 12% – low compared to nearly 40% last year.</p>\n<p>Now, AMZN is 12% off its all-time high. Given the current setup, could November be a good month to buy Amazon stock? The Amazon Maven discusses the opportunity below.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/859137fd59747f3531fd786b5fae3a82\" tg-width=\"893\" tg-height=\"500\" width=\"100%\" height=\"auto\"><span>Figure 1: Amazon fulfillment center.</span></p>\n<p><b>Fundamentals still solid</b></p>\n<p>Few will disagree that Amazon is still the king of e-commerce. The company has been using the “flywheel approach” to its advantage, pulling together demand for its products and services and creating customer loyalty. With the number of Prime members&nbsp;expected to reach nearly 7 out of 10 American households&nbsp;by 2025, we believe that the Seattle-based company is the obvious candidate to capture the most growth opportunities.</p>\n<p>On the cloud side, Amazon seems to have nothing but blue skies ahead (pun intended). AWS (i.e. Amazon Web Services) was instrumental in keeping total company op profits afloat in the third quarter – a combination of top-line momentum and a low marginal cost model. With the cloud space projected to grow at a CAGR of nearly 20% through 2028 at least, market leader Amazon stands to benefit.</p>\n<p><b>Buying the dip</b></p>\n<p>While it is hard to make short-term predictions on price movement, the recent pullback in AMZN could be an opportunity for long-term shareholders.As the Amazon Maven has discussed before, “buying the fear and selling the greed” has worked well for Amazon stock.</p>\n<p>The chart below shows that buying AMZN and holding it for a year has produced an average of 33% in gains over the past two decades. Doing so after a 15% correction or more has led to even better returns of 42%. Therefore, with the stock officially in correction mode (i.e. 10% or more below peak levels), November could prove to be a good time to buy.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe59b47af83bd439a7f35ab6c5325b9b\" tg-width=\"630\" tg-height=\"410\" width=\"100%\" height=\"auto\"><span>Figure 2: Median one-year return on AMZN.</span></p>\n<p><b>Wall Street says buy</b></p>\n<p>The pandemic has led analysts to think that shopping habits would be disrupted for good. However, Amazon’s two most recent earnings reports have proven that e-commerce benefited from a temporary spike in buy-from-home activity in 2020 – and that enough demand has been shifting back to the brick-and-mortar channel this year.</p>\n<p>Expectations seem to have been reset. Still, Wall Street consensus remains highly bullish. Analysts believe that Amazon stock should be worth over $4,000 in the foreseeable future, according to TipRanks. If so, this would represent upside of 22%, even if such gains may take months to materialize.</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>Amazon Stock: It's Down 12% From Record. Buy in November? </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\">\nAmazon Stock: It's Down 12% From Record. Buy in November? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-03 23:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/amazon/stock/amazon-stock-should-you-buy-in-november><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and supply disruptions. As worries remain, should investors buy the dip in November?\nSince the company’s...</p>\n\n<a href=\"https://www.thestreet.com/amazon/stock/amazon-stock-should-you-buy-in-november\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.thestreet.com/amazon/stock/amazon-stock-should-you-buy-in-november","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1128649961","content_text":"Amazon’s Q3 was challenging, and the holiday quarter will likely see the impact of higher costs and supply disruptions. As worries remain, should investors buy the dip in November?\nSince the company’s second quarter earnings report, Amazon stock has been struggling to find traction. And while some hoped that third quarter results could suggest a post-pandemic recovery in e-commerce, Amazon’s online store sales climbed a mere 12% – low compared to nearly 40% last year.\nNow, AMZN is 12% off its all-time high. Given the current setup, could November be a good month to buy Amazon stock? The Amazon Maven discusses the opportunity below.\nFigure 1: Amazon fulfillment center.\nFundamentals still solid\nFew will disagree that Amazon is still the king of e-commerce. The company has been using the “flywheel approach” to its advantage, pulling together demand for its products and services and creating customer loyalty. With the number of Prime members expected to reach nearly 7 out of 10 American households by 2025, we believe that the Seattle-based company is the obvious candidate to capture the most growth opportunities.\nOn the cloud side, Amazon seems to have nothing but blue skies ahead (pun intended). AWS (i.e. Amazon Web Services) was instrumental in keeping total company op profits afloat in the third quarter – a combination of top-line momentum and a low marginal cost model. With the cloud space projected to grow at a CAGR of nearly 20% through 2028 at least, market leader Amazon stands to benefit.\nBuying the dip\nWhile it is hard to make short-term predictions on price movement, the recent pullback in AMZN could be an opportunity for long-term shareholders.As the Amazon Maven has discussed before, “buying the fear and selling the greed” has worked well for Amazon stock.\nThe chart below shows that buying AMZN and holding it for a year has produced an average of 33% in gains over the past two decades. Doing so after a 15% correction or more has led to even better returns of 42%. Therefore, with the stock officially in correction mode (i.e. 10% or more below peak levels), November could prove to be a good time to buy.\nFigure 2: Median one-year return on AMZN.\nWall Street says buy\nThe pandemic has led analysts to think that shopping habits would be disrupted for good. However, Amazon’s two most recent earnings reports have proven that e-commerce benefited from a temporary spike in buy-from-home activity in 2020 – and that enough demand has been shifting back to the brick-and-mortar channel this year.\nExpectations seem to have been reset. Still, Wall Street consensus remains highly bullish. Analysts believe that Amazon stock should be worth over $4,000 in the foreseeable future, according to TipRanks. If so, this would represent upside of 22%, even if such gains may take months to materialize.","news_type":1},"isVote":1,"tweetType":1,"viewCount":439,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848762850,"gmtCreate":1636030836434,"gmtModify":1636031195401,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"&nbsp;Thanks","listText":"&nbsp;Thanks","text":"Thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848762850","repostId":"1191996183","repostType":4,"repost":{"id":"1191996183","pubTimestamp":1636029756,"share":"https://www.laohu8.com/m/news/1191996183?lang=&edition=full","pubTime":"2021-11-04 20:42","market":"us","language":"en","title":"Spotify Is Looking Better Than Ever","url":"https://stock-news.laohu8.com/highlight/detail?id=1191996183","media":"Seeking Alpha","summary":"Summary\n\nPaid subscriber growth is back on track.\nPodcasts shift part of the business from a variabl","content":"<p><b>Summary</b></p>\n<ul>\n <li>Paid subscriber growth is back on track.</li>\n <li>Podcasts shift part of the business from a variable cost structure to a fixed cost structure.</li>\n <li>Ad revenue is up 75% year-over-year!</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f58dc20880972b1c81308d898c14f9ba\" tg-width=\"1536\" tg-height=\"1024\" width=\"100%\" height=\"auto\"><span>Avid Photographer. Travel the world to capture moments and beautiful photos. Sony Alpha User/iStock Editorial via Getty Images</span></p>\n<p><b>Introduction</b></p>\n<p>My thesis is that the future is bright for Spotify (SPOT) as paid subscribers, gross margins and ad revenue continue with prodigious growth. CEO Daniel Ek and the rest of Spotify have ardor to be a huge part of audio as the world keeps moving towards streaming and podcasts.</p>\n<p>In the 3Q21 earnings&nbsp;call, CEO Ek talked about Spotify’s opportunities as the world shifts away from terrestrial radio:</p>\n<blockquote>\n A good reminder,\n <b>Linear Radio still has a 46% share of audio listening</b>&nbsp;in the U.S. alone, this despite consumption shifting steadily away from it. In this year,\n <b>more than 60% of all audio ads spending will go to traditional radio</b>. I think this clearly shows that we have plenty of room to grow both in listening time and in our effective monetization.\n</blockquote>\n<p>At the time of this writing the exchange rate is about $1.16 per €1.</p>\n<p><b>Paid Subscribers Keep Rising</b></p>\n<p>It’s a no-brainer for new subscribers to continue signing up as streaming music is one of the cheapest forms of entertainment available per the June 2021 Music is Universal&nbsp;presentation&nbsp;by Pershing Square:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0fb02c3b21b98d3c77807c1dd039f633\" tg-width=\"800\" tg-height=\"571\" width=\"100%\" height=\"auto\"><span>Image Source: June 2021 Music is Universal presentation by Pershing Square</span></p>\n<p>Size begets size as new streaming customers like to go with the market leader. There is no one close to Spotify in terms of paid subscribers in the audio landscape. Apple (AAPL) might be a distant number two; they are well behind and they stopped disclosing their numbers some time ago. Also, Apple’s worldwide smartphone penetration isn’t nearly as high as their U.S. level.</p>\n<p>Years ago Barry McCarthy was the CFO at Netflix (NFLX) and he learned the importance of being the earlier leader in the race to acquire paid subscribers. He left Netflix with the right structure and took that knowledge to Spotify where he served as CFO, laying down a solid foundation before handing the reins to current CFO, Paul Vogel. Spotify is catching up with Netflix with respect to paid subscribers but both companies are still growing nicely which is partially due to the contributions made by former CFO McCarthy. Back in 2015, Spotify only had 37% as many subscribers as Netflix but through 3Q21 they were up to 81%. I put together a chart to help visualize the growth for both companies:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4899bdb38637d477621ecfa1d6c920a\" tg-width=\"784\" tg-height=\"440\" width=\"100%\" height=\"auto\"><span>Image Source: Author’s spreadsheet</span></p>\n<p><b>The Gross Margin Keeps Improving</b></p>\n<p>Per the 3Q21&nbsp;financial statements, Spotify’s 3Q21 gross margin was 26.7% which is a nice improvement from the 3Q20 gross margin of 24.8% below:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa7b0f76e8b23068fd5054d67d0568a6\" tg-width=\"600\" tg-height=\"612\" width=\"100%\" height=\"auto\"><span>Image Source: 3Q21 financial statements</span></p>\n<p>The 3Q21&nbsp;press release&nbsp;talks about this improvement:</p>\n<blockquote>\n Gross Margin finished at 26.7% in Q3, above the top end of our guidance range and reflecting nearly 200 bps of Y/Y expansion. The Gross Margin improvement reflected a favorable revenue mix shift towards podcasts, marketplace activity, improved music advertising operating leverage, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases. Premium Gross Margin was 29.1% in Q3, up 182 bps Y/Y, and Ad-Supported Gross Margin was 10.5% in Q3, up 993 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.\n</blockquote>\n<p>These days Netflix enjoys a gross margin north of 40% but it was down at 27.2% [$983.4 million/$3,609.3 million] for 2012 per the&nbsp;10-K&nbsp;from that year. Per the Spotify 3Q21&nbsp;financial statements, their 9M21 gross margin is 26.9% [€1,879 million/€ 6,979 million] so they’re almost up to the 2012 level at Netflix. Spotify has come a long way from their gross margin of 11.6% for 2015 in their S-1&nbsp;filing&nbsp;and they aim to keep going up to a level of 30% to 40%. CFO Paul Vogel answered a question about getting to the 40% level at the September 2021 Bank of America&nbsp;Conference. He noted that podcasts are a drag on gross margins right now but said that will flip as the business matures and they have more of a fixed cost structure than a variable cost structure:</p>\n<blockquote>\n One is, we think advertising is going to continue to grow, continue to be a bigger part of our business. Right now, it’s 10% of our business. We think there’s opportunity to improve the ad margins on the music side alone, because right now they’re lower than their premium side. We think there’s an opportunity there. And then you delve into the podcasting side where, as you said,\n <b>as more and more of our business can move over to a fixed cost nature versus variable costs nature, we think there’s a big opportunity to grow gross margin</b>, on top of the podcasting business, and we sort of modeled that over a long period of time. And even though&nbsp;\n <b>right now, the podcast business is actually a drag on gross margins</b>. We think over time, that will flip and will be a benefit to gross margins, if not a significant benefit to the gross margin.\n</blockquote>\n<p><b>Ad Dollars Are Increasing</b></p>\n<p>Quarterly ad revenue grew 75% year-over-year:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/813c508a4233806d0b0c40878e880126\" tg-width=\"600\" tg-height=\"405\" width=\"100%\" height=\"auto\"><span>Image Source: 3Q21 financial statements</span></p>\n<p>Podcasts are a key part of ad revenue and the progress in this area was illustrated in the 3Q21 earnings call:</p>\n<blockquote>\n We started our journey&nbsp;\n <b>3 years ago in podcasting with a catalog of about 185,000 podcasts</b>. And we were really nowhere compared to the largest players in the industry.\n <b>Today, we have 3.2 million podcasts</b>on the platform, a growth rate of over 1,500%. But despite the fact that we're still a relatively new entrant, previous data indicated we have become the top platform for podcast consumption, in 60-plus countries. And now, according to Edison research and our own internal sources, we recently became&nbsp;\n <b>the number one podcast platform U.S. listeners use the most</b>.\n</blockquote>\n<p>In the 3Q21 earnings call, it was noted that advertising revenues as a percentage of total revenues hit 13%. A question was asked by Rich Greenfield about the mix of revenues in five years and that mix shift impacting margins. CEO Daniel Ek answered by saying advertising should eventually be at least 20% of revenues and maybe even more than 40% of revenues in 5 to 10 years:</p>\n<blockquote>\n Maybe I'll talk about the size of this and Paul can chime in on the impact on margins. I'm really excited about ads. I think we have had a tremendous quarter with 75% growth year-over-year.\n <b>But this is just the beginning, as I stated in my opening remarks. Long term, I believe at the very least, this should be 20% of our revenues. But it might possibly be a lot more than that 30%, 40% even over the next 5 to 10 years.</b>We're very excited about this being the second big revenue driver for Spotify and are obviously investing behind that both in product and platform improvements, but also as you may have read in hiring staff across the world that helps service these advertisers.\n</blockquote>\n<p>CFO Vogel chimed in on the mix of revenues question with some answers as well, noting that margins were up almost 1,000 basis points on the ad side:</p>\n<blockquote>\n And then from advertising generals, as Daniel said, it was up 75% in the quarter. We saw really nice, healthy gains on the music side. It was up significantly on the advertising side. And then podcasts advertising growth was in the triple digits. So we're seeing it across the board. What's really interesting is that the increased inventory is bringing increased demand. The demand is really high across all of our products. Podcasting is helping significantly on that. And then from a margin standpoint, obviously, the podcasting margin is helpful over time. We think having a fixed cost nature of the podcasting business and being able to grow that advertising will help margins. But additionally, just bringing more advertising into the platform, we're seeing the free music margins move up as well as you guys are aware, our free music margins are below our premium music margin. So to the extent that we can drive incremental advertising across not just podcasting, but music in general, that will help margins as well.\n</blockquote>\n<p><b>Valuation</b></p>\n<p>In my March&nbsp;article, I thought Spotify was worth about $55 billion. Some of the numbers coming in since that time have been even better than expected. Also, management has increased the bottom end of the range for 4Q21 total revenue and gross margin. I now think Spotify is worth close to $60 billion. Today’s market cap is $58 billion based on the November 2nd share price of $298.08 and the 194,614,910 share count as of September 30, 2021 in the 2Q21 6-K&nbsp;filing. The enterprise value is fairly close to the market cap and I believe the stock is reasonably priced for the long run.</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>Spotify Is Looking Better Than Ever</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\">\nSpotify Is Looking Better Than Ever\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 20:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4465297-spotify-stock-paid-subscriber-growth-back-on-track><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nPaid subscriber growth is back on track.\nPodcasts shift part of the business from a variable cost structure to a fixed cost structure.\nAd revenue is up 75% year-over-year!\n\nAvid Photographer....</p>\n\n<a href=\"https://seekingalpha.com/article/4465297-spotify-stock-paid-subscriber-growth-back-on-track\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A."},"source_url":"https://seekingalpha.com/article/4465297-spotify-stock-paid-subscriber-growth-back-on-track","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191996183","content_text":"Summary\n\nPaid subscriber growth is back on track.\nPodcasts shift part of the business from a variable cost structure to a fixed cost structure.\nAd revenue is up 75% year-over-year!\n\nAvid Photographer. Travel the world to capture moments and beautiful photos. Sony Alpha User/iStock Editorial via Getty Images\nIntroduction\nMy thesis is that the future is bright for Spotify (SPOT) as paid subscribers, gross margins and ad revenue continue with prodigious growth. CEO Daniel Ek and the rest of Spotify have ardor to be a huge part of audio as the world keeps moving towards streaming and podcasts.\nIn the 3Q21 earnings call, CEO Ek talked about Spotify’s opportunities as the world shifts away from terrestrial radio:\n\n A good reminder,\n Linear Radio still has a 46% share of audio listening in the U.S. alone, this despite consumption shifting steadily away from it. In this year,\n more than 60% of all audio ads spending will go to traditional radio. I think this clearly shows that we have plenty of room to grow both in listening time and in our effective monetization.\n\nAt the time of this writing the exchange rate is about $1.16 per €1.\nPaid Subscribers Keep Rising\nIt’s a no-brainer for new subscribers to continue signing up as streaming music is one of the cheapest forms of entertainment available per the June 2021 Music is Universal presentation by Pershing Square:\nImage Source: June 2021 Music is Universal presentation by Pershing Square\nSize begets size as new streaming customers like to go with the market leader. There is no one close to Spotify in terms of paid subscribers in the audio landscape. Apple (AAPL) might be a distant number two; they are well behind and they stopped disclosing their numbers some time ago. Also, Apple’s worldwide smartphone penetration isn’t nearly as high as their U.S. level.\nYears ago Barry McCarthy was the CFO at Netflix (NFLX) and he learned the importance of being the earlier leader in the race to acquire paid subscribers. He left Netflix with the right structure and took that knowledge to Spotify where he served as CFO, laying down a solid foundation before handing the reins to current CFO, Paul Vogel. Spotify is catching up with Netflix with respect to paid subscribers but both companies are still growing nicely which is partially due to the contributions made by former CFO McCarthy. Back in 2015, Spotify only had 37% as many subscribers as Netflix but through 3Q21 they were up to 81%. I put together a chart to help visualize the growth for both companies:\nImage Source: Author’s spreadsheet\nThe Gross Margin Keeps Improving\nPer the 3Q21 financial statements, Spotify’s 3Q21 gross margin was 26.7% which is a nice improvement from the 3Q20 gross margin of 24.8% below:\nImage Source: 3Q21 financial statements\nThe 3Q21 press release talks about this improvement:\n\n Gross Margin finished at 26.7% in Q3, above the top end of our guidance range and reflecting nearly 200 bps of Y/Y expansion. The Gross Margin improvement reflected a favorable revenue mix shift towards podcasts, marketplace activity, improved music advertising operating leverage, and Other Cost of Revenue efficiencies (e.g. payment fees, streaming delivery costs), which were partially offset by higher non-music and other content costs and publishing rate increases. Premium Gross Margin was 29.1% in Q3, up 182 bps Y/Y, and Ad-Supported Gross Margin was 10.5% in Q3, up 993 bps Y/Y. As a reminder, all content costs related to podcast investment are included in the Ad-Supported business for the current and historical periods.\n\nThese days Netflix enjoys a gross margin north of 40% but it was down at 27.2% [$983.4 million/$3,609.3 million] for 2012 per the 10-K from that year. Per the Spotify 3Q21 financial statements, their 9M21 gross margin is 26.9% [€1,879 million/€ 6,979 million] so they’re almost up to the 2012 level at Netflix. Spotify has come a long way from their gross margin of 11.6% for 2015 in their S-1 filing and they aim to keep going up to a level of 30% to 40%. CFO Paul Vogel answered a question about getting to the 40% level at the September 2021 Bank of America Conference. He noted that podcasts are a drag on gross margins right now but said that will flip as the business matures and they have more of a fixed cost structure than a variable cost structure:\n\n One is, we think advertising is going to continue to grow, continue to be a bigger part of our business. Right now, it’s 10% of our business. We think there’s opportunity to improve the ad margins on the music side alone, because right now they’re lower than their premium side. We think there’s an opportunity there. And then you delve into the podcasting side where, as you said,\n as more and more of our business can move over to a fixed cost nature versus variable costs nature, we think there’s a big opportunity to grow gross margin, on top of the podcasting business, and we sort of modeled that over a long period of time. And even though \n right now, the podcast business is actually a drag on gross margins. We think over time, that will flip and will be a benefit to gross margins, if not a significant benefit to the gross margin.\n\nAd Dollars Are Increasing\nQuarterly ad revenue grew 75% year-over-year:\nImage Source: 3Q21 financial statements\nPodcasts are a key part of ad revenue and the progress in this area was illustrated in the 3Q21 earnings call:\n\n We started our journey \n 3 years ago in podcasting with a catalog of about 185,000 podcasts. And we were really nowhere compared to the largest players in the industry.\n Today, we have 3.2 million podcastson the platform, a growth rate of over 1,500%. But despite the fact that we're still a relatively new entrant, previous data indicated we have become the top platform for podcast consumption, in 60-plus countries. And now, according to Edison research and our own internal sources, we recently became \n the number one podcast platform U.S. listeners use the most.\n\nIn the 3Q21 earnings call, it was noted that advertising revenues as a percentage of total revenues hit 13%. A question was asked by Rich Greenfield about the mix of revenues in five years and that mix shift impacting margins. CEO Daniel Ek answered by saying advertising should eventually be at least 20% of revenues and maybe even more than 40% of revenues in 5 to 10 years:\n\n Maybe I'll talk about the size of this and Paul can chime in on the impact on margins. I'm really excited about ads. I think we have had a tremendous quarter with 75% growth year-over-year.\n But this is just the beginning, as I stated in my opening remarks. Long term, I believe at the very least, this should be 20% of our revenues. But it might possibly be a lot more than that 30%, 40% even over the next 5 to 10 years.We're very excited about this being the second big revenue driver for Spotify and are obviously investing behind that both in product and platform improvements, but also as you may have read in hiring staff across the world that helps service these advertisers.\n\nCFO Vogel chimed in on the mix of revenues question with some answers as well, noting that margins were up almost 1,000 basis points on the ad side:\n\n And then from advertising generals, as Daniel said, it was up 75% in the quarter. We saw really nice, healthy gains on the music side. It was up significantly on the advertising side. And then podcasts advertising growth was in the triple digits. So we're seeing it across the board. What's really interesting is that the increased inventory is bringing increased demand. The demand is really high across all of our products. Podcasting is helping significantly on that. And then from a margin standpoint, obviously, the podcasting margin is helpful over time. We think having a fixed cost nature of the podcasting business and being able to grow that advertising will help margins. But additionally, just bringing more advertising into the platform, we're seeing the free music margins move up as well as you guys are aware, our free music margins are below our premium music margin. So to the extent that we can drive incremental advertising across not just podcasting, but music in general, that will help margins as well.\n\nValuation\nIn my March article, I thought Spotify was worth about $55 billion. Some of the numbers coming in since that time have been even better than expected. Also, management has increased the bottom end of the range for 4Q21 total revenue and gross margin. I now think Spotify is worth close to $60 billion. Today’s market cap is $58 billion based on the November 2nd share price of $298.08 and the 194,614,910 share count as of September 30, 2021 in the 2Q21 6-K filing. The enterprise value is fairly close to the market cap and I believe the stock is reasonably priced for the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":778,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":828863323,"gmtCreate":1633899027213,"gmtModify":1633899027408,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"&nbsp; &nbsp;Like","listText":"&nbsp; &nbsp;Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/828863323","repostId":"1155472390","repostType":4,"repost":{"id":"1155472390","pubTimestamp":1633749475,"share":"https://www.laohu8.com/m/news/1155472390?lang=&edition=full","pubTime":"2021-10-09 11:17","market":"us","language":"en","title":"Elon Musk Just Added $11 Billion in Wealth, Dominating the World’s Richest List","url":"https://stock-news.laohu8.com/highlight/detail?id=1155472390","media":"Bloomberg","summary":"Elon Musk is pulling away from the rest of the world when it comes to personal wealth.\nMusk’s net wo","content":"<p>Elon Musk&nbsp;is pulling away from the rest of the world when it comes to personal wealth.</p>\n<p>Musk’s net worth rocketed to $223 billion, according to the&nbsp;Bloomberg Billionaires Index, after an agreement with investors valued his SpaceX in excess of$100 billion.</p>\n<p>The deal gives Musk an additional $10.6 billion, thanks to his ownership of the rocket company that he founded in 2002 with the goal of colonizing Mars. Amazon.com Inc.’s&nbsp;Jeff Bezos&nbsp;is No. 2 in the global ranking with $191.6 billion.</p>\n<p>Musk derives around three-quarters of his wealth from Tesla Inc., which he co-founded in 2003 after making a fortune from the sale of e-commerce site PayPal to eBay Inc. for $1.5 billion.</p>\n<p>The new SpaceX valuation comes a little more than a year after the Hawthorne, California-based company&nbsp;completed&nbsp;its first crewed test flight of astronauts to the International Space Station for NASA. It is now more valuable than Lockheed Martin Corp., the biggest pure-play defense contractor in the world.</p>\n<p>Bezos, Zuckerberg</p>\n<p>The world’s billionaires have been rapidly accumulating wealth as central banks pump liquidity into the global economy, even as millions remain&nbsp;jobless&nbsp;amid a fragile economic recovery. The 500 richest people have added $742 billion so far this year, according to the Bloomberg index.</p>\n<p>But even among ultra-billionaires, Musk’s surging personal fortune increasingly puts him in an orbit of his own.</p>\n<p>Bezos has seen little change to his wealth this year as Amazon’s stock&nbsp;has stagnated&nbsp;following an initial post-Covid surge.Bill Gates’s fortune has shrunk as he&nbsp;transferred assets&nbsp;to ex-wife&nbsp;Melinda French Gates.Mark Zuckerberg’s net worth&nbsp;plummeted&nbsp;by $6 billion in a matter of hours earlier this week after Facebook Inc. came under fire amid damaging whistleblower reports and an&nbsp;hours-long outage.</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>Elon Musk Just Added $11 Billion in Wealth, Dominating the World’s Richest List</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 Just Added $11 Billion in Wealth, Dominating the World’s Richest List\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-09 11:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-10-08/musk-just-added-11-billion-in-wealth-dominates-the-rich-list><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk is pulling away from the rest of the world when it comes to personal wealth.\nMusk’s net worth rocketed to $223 billion, according to the Bloomberg Billionaires Index, after an agreement with...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-10-08/musk-just-added-11-billion-in-wealth-dominates-the-rich-list\">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.bloomberg.com/news/articles/2021-10-08/musk-just-added-11-billion-in-wealth-dominates-the-rich-list","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155472390","content_text":"Elon Musk is pulling away from the rest of the world when it comes to personal wealth.\nMusk’s net worth rocketed to $223 billion, according to the Bloomberg Billionaires Index, after an agreement with investors valued his SpaceX in excess of$100 billion.\nThe deal gives Musk an additional $10.6 billion, thanks to his ownership of the rocket company that he founded in 2002 with the goal of colonizing Mars. Amazon.com Inc.’s Jeff Bezos is No. 2 in the global ranking with $191.6 billion.\nMusk derives around three-quarters of his wealth from Tesla Inc., which he co-founded in 2003 after making a fortune from the sale of e-commerce site PayPal to eBay Inc. for $1.5 billion.\nThe new SpaceX valuation comes a little more than a year after the Hawthorne, California-based company completed its first crewed test flight of astronauts to the International Space Station for NASA. It is now more valuable than Lockheed Martin Corp., the biggest pure-play defense contractor in the world.\nBezos, Zuckerberg\nThe world’s billionaires have been rapidly accumulating wealth as central banks pump liquidity into the global economy, even as millions remain jobless amid a fragile economic recovery. The 500 richest people have added $742 billion so far this year, according to the Bloomberg index.\nBut even among ultra-billionaires, Musk’s surging personal fortune increasingly puts him in an orbit of his own.\nBezos has seen little change to his wealth this year as Amazon’s stock has stagnated following an initial post-Covid surge.Bill Gates’s fortune has shrunk as he transferred assets to ex-wife Melinda French Gates.Mark Zuckerberg’s net worth plummeted by $6 billion in a matter of hours earlier this week after Facebook Inc. came under fire amid damaging whistleblower reports and an hours-long outage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":164098338,"gmtCreate":1624160417324,"gmtModify":1634010029985,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":",[强]&nbsp;","listText":",[强]&nbsp;","text":",[强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/164098338","repostId":"2144706496","repostType":2,"repost":{"id":"2144706496","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1624147740,"share":"https://www.laohu8.com/m/news/2144706496?lang=&edition=full","pubTime":"2021-06-20 08:09","market":"us","language":"en","title":"How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free","url":"https://stock-news.laohu8.com/highlight/detail?id=2144706496","media":"Dow Jones","summary":"MW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n\n\n  Catey H","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n</p>\n<p>\n  Catey Hill \n</p>\n<p>\n  Even after the free trial ends, Amazon Music Unlimited is cheaper for Prime members than Spotify or Tidal. Should you try it? \n</p>\n<p>\n  MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. \n</p>\n<p>\n  This deal may be music to your ears: Amazon has announced that it is now offering a four-month free trial of its Amazon Music Unlimited service  Should you give it a try? \n</p>\n<p>\n  What we like about the deal: With Amazon Music Unlimited, you get ad-free, unlimited access to 75 million songs in HD, everything from classics like the entire Beatles catalog to newer hitmakers like Bruno Mars. You will also have access to thousands of curated playlists and stations, as well as podcasts, and can listen to any song, anytime and anywhere. Note that this is different than Prime Music, which Prime members get for free, but only has about 2 million songs. \n</p>\n<p>\n  Critics speak highly of the service, with PC Magazine , than Spotify or Tidal, though non-Prime members pay $9.99 per month. You can cancel renewal any time by visiting your Amazon Music Settings. \n</p>\n<p>\n  Other things to consider: Tidal and Spotify tend to have more bells and whistles, some reviewers note, and Prime members already get two million songs free, which might be enough for very casual music listeners. You also will need to remember to cancel if you don't like the service; and this deal is only available to Prime members who have not already tried Amazon Music Unlimited.Bottom line: If you're looking for a streaming service, this could be worth a try for those considering a new music subscription service. If you're a Prime member, the $7.99 price tag is especially enticing. \n</p>\n<p>\n  FREE TRIAL: Get 4 months of Amazon Music Unlimited free  \n</p>\n<p>\n  -Catey Hill; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 20:09 ET (00:09 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free</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\">\nHow to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-06-20 08:09</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n</p>\n<p>\n  Catey Hill \n</p>\n<p>\n  Even after the free trial ends, Amazon Music Unlimited is cheaper for Prime members than Spotify or Tidal. Should you try it? \n</p>\n<p>\n  MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. \n</p>\n<p>\n  This deal may be music to your ears: Amazon has announced that it is now offering a four-month free trial of its Amazon Music Unlimited service  Should you give it a try? \n</p>\n<p>\n  What we like about the deal: With Amazon Music Unlimited, you get ad-free, unlimited access to 75 million songs in HD, everything from classics like the entire Beatles catalog to newer hitmakers like Bruno Mars. You will also have access to thousands of curated playlists and stations, as well as podcasts, and can listen to any song, anytime and anywhere. Note that this is different than Prime Music, which Prime members get for free, but only has about 2 million songs. \n</p>\n<p>\n  Critics speak highly of the service, with PC Magazine , than Spotify or Tidal, though non-Prime members pay $9.99 per month. You can cancel renewal any time by visiting your Amazon Music Settings. \n</p>\n<p>\n  Other things to consider: Tidal and Spotify tend to have more bells and whistles, some reviewers note, and Prime members already get two million songs free, which might be enough for very casual music listeners. You also will need to remember to cancel if you don't like the service; and this deal is only available to Prime members who have not already tried Amazon Music Unlimited.Bottom line: If you're looking for a streaming service, this could be worth a try for those considering a new music subscription service. If you're a Prime member, the $7.99 price tag is especially enticing. \n</p>\n<p>\n  FREE TRIAL: Get 4 months of Amazon Music Unlimited free  \n</p>\n<p>\n  -Catey Hill; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  June 19, 2021 20:09 ET (00:09 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"09086":"华夏纳指-U","03086":"华夏纳指","AMZN":"亚马逊","QNETCN":"纳斯达克中美互联网老虎指数"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144706496","content_text":"MW How to get 4 months of Amazon's ad-free, 75-million-song streaming music service free\n\n\n  Catey Hill \n\n\n  Even after the free trial ends, Amazon Music Unlimited is cheaper for Prime members than Spotify or Tidal. Should you try it? \n\n\n  MarketWatch has highlighted these products and services because we think readers will find them useful. We may earn a commission if you buy products through our links, but our recommendations are independent of any compensation that we may receive. \n\n\n  This deal may be music to your ears: Amazon has announced that it is now offering a four-month free trial of its Amazon Music Unlimited service  Should you give it a try? \n\n\n  What we like about the deal: With Amazon Music Unlimited, you get ad-free, unlimited access to 75 million songs in HD, everything from classics like the entire Beatles catalog to newer hitmakers like Bruno Mars. You will also have access to thousands of curated playlists and stations, as well as podcasts, and can listen to any song, anytime and anywhere. Note that this is different than Prime Music, which Prime members get for free, but only has about 2 million songs. \n\n\n  Critics speak highly of the service, with PC Magazine , than Spotify or Tidal, though non-Prime members pay $9.99 per month. You can cancel renewal any time by visiting your Amazon Music Settings. \n\n\n  Other things to consider: Tidal and Spotify tend to have more bells and whistles, some reviewers note, and Prime members already get two million songs free, which might be enough for very casual music listeners. You also will need to remember to cancel if you don't like the service; and this deal is only available to Prime members who have not already tried Amazon Music Unlimited.Bottom line: If you're looking for a streaming service, this could be worth a try for those considering a new music subscription service. If you're a Prime member, the $7.99 price tag is especially enticing. \n\n\n  FREE TRIAL: Get 4 months of Amazon Music Unlimited free  \n\n\n  -Catey Hill; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  June 19, 2021 20:09 ET (00:09 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":665400567,"gmtCreate":1667403043260,"gmtModify":1667403045666,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"这篇文章不错，转发给大家看","listText":"这篇文章不错，转发给大家看","text":"这篇文章不错，转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/665400567","repostId":"2270241794","repostType":2,"isVote":1,"tweetType":1,"viewCount":558,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":687221699,"gmtCreate":1661092683115,"gmtModify":1661092695307,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"这篇文章不错，转发给大家看","listText":"这篇文章不错，转发给大家看","text":"这篇文章不错，转发给大家看","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/687221699","repostId":"2260321887","repostType":2,"isVote":1,"tweetType":1,"viewCount":415,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848492284,"gmtCreate":1636017609694,"gmtModify":1636017712870,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848492284","repostId":"1185162858","repostType":4,"repost":{"id":"1185162858","pubTimestamp":1636008161,"share":"https://www.laohu8.com/m/news/1185162858?lang=&edition=full","pubTime":"2021-11-04 14:42","market":"us","language":"en","title":"Google to Pursue Pentagon Cloud-Computing Contract","url":"https://stock-news.laohu8.com/highlight/detail?id=1185162858","media":"The Wall Street Journal","summary":"Company pulled out of bidding for similar project three years ago amid employee complaints about doi","content":"<p>Company pulled out of bidding for similar project three years ago amid employee complaints about doing military work</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9a9870203a3fe896c21f89c57417d86\" tg-width=\"1290\" tg-height=\"859\" width=\"100%\" height=\"auto\"><span>The Google Cloud computing unit, with headquarters in Sunnyvale, Calif., lags considerably behind Amazon and Microsoft in market share.</span></p>\n<p>Google is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests.</p>\n<p>The head of the&nbsp;Alphabet&nbsp;Inc.&nbsp;subsidiary’s cloud division, Thomas Kurian, met this week with Pentagon officials to discuss the bid process for a contract called the Joint Warfighting Cloud Capability, according to people familiar with the meeting.</p>\n<p>The three-year contract will be split across multiple bidders. It replaces the 10-year, $10 billion&nbsp;JEDI cloud-computing contract terminated in July, which was planned to consolidate the Pentagon’s patchwork of data systems to give defense personnel better access to real-time information and artificial-intelligence capabilities.</p>\n<p>The Pentagon said the contract was canceled because of its evolving needs. The project was mired in years of squabbling between&nbsp;Microsoft&nbsp;Corp., which won the bidding, and&nbsp;Amazon.com&nbsp;Inc.,which contended the process was politically motivatedunder the Trump administration.</p>\n<p>In conjunction with that contract’s cancellation, officials said they would create a new project that better addressed their needs. Officials expect cloud-industry leaders Amazon and Microsoft to bid on the contract, as well as other qualified bidders such as&nbsp;Oracle&nbsp;Corp.&nbsp;and&nbsp;International Business Machines&nbsp;Corp.</p>\n<p>A Google spokesman said the company supports the Pentagon’s plan to diversify the contract by splitting it across multiple cloud providers. He added, “We are firmly committed to serving our public sector customers…and we will evaluate any future bid opportunities accordingly.”</p>\n<p>A Department of Defense spokesman declined to comment on specific bid interest. The department aims to award the contracts by April.</p>\n<p>The meeting this week and Google’s interest was earlier reported by the New York Times.</p>\n<p>Google’s plan to bid will be a major test of Chief Executive Sundar Pichai’s success in taming what has been an outspoken workforce. In 2018, the company came under fire from employee activists over a Pentagon contract to supply imaging tools used by drones. Several outspoken employees quit.</p>\n<p>The company later&nbsp;abandoned the contract and pledged not to allow&nbsp;its artificial-intelligence products to be used in military weapons. It also dropped out of the JEDI bid process.</p>\n<p>Mr. Pichai later scaled back the company’s weekly all-hands meetings known as TGIF. Google also dismissed some outspoken employees.</p>\n<p>Hundreds of workers have since joined the Alphabet Workers Union. In the wake of news Wednesday that Google plans to bid on the new Pentagon contracts, the union posted on Twitter: “Workers will fight this—&amp; we will win again.”</p>\n<p>A latecomer to cloud computing, Google has been eager to gain share of a market dominated by Amazon and Microsoft. The company has increased cloud-computing sales to $13.67 billion through the first three quarters of the year, already eclipsing last year’s total revenue by more than $500 million.</p>\n<p>However, its 6% market share lags considerably behind Amazon and Microsoft, which account for 41% and 20% of the market, respectively.</p>\n<p>In contesting the JEDI award to Microsoft, Amazon contended in court that then-President Donald Trump exerted improper pressure on the Pentagon to keep the contract from going to Amazon because it was led by founder&nbsp;Jeff Bezos.</p>\n<p>At the time, the Trump White House referred questions to the Pentagon, which denied that Mr. Trump or administration officials had any impact on the selection process.</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>Google to Pursue Pentagon Cloud-Computing Contract</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\">\nGoogle to Pursue Pentagon Cloud-Computing Contract\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 14:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/google-to-pursue-pentagon-cloud-computing-contract-11635982488?mod=hp_lista_pos3><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company pulled out of bidding for similar project three years ago amid employee complaints about doing military work\nThe Google Cloud computing unit, with headquarters in Sunnyvale, Calif., lags ...</p>\n\n<a href=\"https://www.wsj.com/articles/google-to-pursue-pentagon-cloud-computing-contract-11635982488?mod=hp_lista_pos3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","GOOG":"谷歌"},"source_url":"https://www.wsj.com/articles/google-to-pursue-pentagon-cloud-computing-contract-11635982488?mod=hp_lista_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185162858","content_text":"Company pulled out of bidding for similar project three years ago amid employee complaints about doing military work\nThe Google Cloud computing unit, with headquarters in Sunnyvale, Calif., lags considerably behind Amazon and Microsoft in market share.\nGoogle is pursuing a massive cloud-computing contract with the Department of Defense, nearly three years after abandoning a similar bid process in the face of employee protests.\nThe head of the Alphabet Inc. subsidiary’s cloud division, Thomas Kurian, met this week with Pentagon officials to discuss the bid process for a contract called the Joint Warfighting Cloud Capability, according to people familiar with the meeting.\nThe three-year contract will be split across multiple bidders. It replaces the 10-year, $10 billion JEDI cloud-computing contract terminated in July, which was planned to consolidate the Pentagon’s patchwork of data systems to give defense personnel better access to real-time information and artificial-intelligence capabilities.\nThe Pentagon said the contract was canceled because of its evolving needs. The project was mired in years of squabbling between Microsoft Corp., which won the bidding, and Amazon.com Inc.,which contended the process was politically motivatedunder the Trump administration.\nIn conjunction with that contract’s cancellation, officials said they would create a new project that better addressed their needs. Officials expect cloud-industry leaders Amazon and Microsoft to bid on the contract, as well as other qualified bidders such as Oracle Corp. and International Business Machines Corp.\nA Google spokesman said the company supports the Pentagon’s plan to diversify the contract by splitting it across multiple cloud providers. He added, “We are firmly committed to serving our public sector customers…and we will evaluate any future bid opportunities accordingly.”\nA Department of Defense spokesman declined to comment on specific bid interest. The department aims to award the contracts by April.\nThe meeting this week and Google’s interest was earlier reported by the New York Times.\nGoogle’s plan to bid will be a major test of Chief Executive Sundar Pichai’s success in taming what has been an outspoken workforce. In 2018, the company came under fire from employee activists over a Pentagon contract to supply imaging tools used by drones. Several outspoken employees quit.\nThe company later abandoned the contract and pledged not to allow its artificial-intelligence products to be used in military weapons. It also dropped out of the JEDI bid process.\nMr. Pichai later scaled back the company’s weekly all-hands meetings known as TGIF. Google also dismissed some outspoken employees.\nHundreds of workers have since joined the Alphabet Workers Union. In the wake of news Wednesday that Google plans to bid on the new Pentagon contracts, the union posted on Twitter: “Workers will fight this—& we will win again.”\nA latecomer to cloud computing, Google has been eager to gain share of a market dominated by Amazon and Microsoft. The company has increased cloud-computing sales to $13.67 billion through the first three quarters of the year, already eclipsing last year’s total revenue by more than $500 million.\nHowever, its 6% market share lags considerably behind Amazon and Microsoft, which account for 41% and 20% of the market, respectively.\nIn contesting the JEDI award to Microsoft, Amazon contended in court that then-President Donald Trump exerted improper pressure on the Pentagon to keep the contract from going to Amazon because it was led by founder Jeff Bezos.\nAt the time, the Trump White House referred questions to the Pentagon, which denied that Mr. Trump or administration officials had any impact on the selection process.","news_type":1},"isVote":1,"tweetType":1,"viewCount":797,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":848492373,"gmtCreate":1636017578253,"gmtModify":1636017578790,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/848492373","repostId":"1166681038","repostType":4,"repost":{"id":"1166681038","pubTimestamp":1636009234,"share":"https://www.laohu8.com/m/news/1166681038?lang=&edition=full","pubTime":"2021-11-04 15:00","market":"us","language":"en","title":"Apple Stock: It's Inching Toward All-Time Highs. What Will November Bring? ","url":"https://stock-news.laohu8.com/highlight/detail?id=1166681038","media":"TheStreet","summary":"With only two months to go in 2021, Apple stock has just breached $150 in share price, and it inches","content":"<p>With only two months to go in 2021, Apple stock&nbsp;has just breached $150 in share price, and it inches toward all-time highs once again. Today, the Apple Maven talks about what investors should expect of AAPL in November. Is now a good time to hold shares, or should investors look for opportunities elsewhere?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1f77cd919bf55f9c7b79f631b0255910\" tg-width=\"1240\" tg-height=\"697\" width=\"100%\" height=\"auto\"><span>Figure 1: Apple Park in Cupertino, CA.</span></p>\n<p><b>Thinking long term first</b></p>\n<p>When it comes to AAPL, it is&nbsp;not a secret that I care much more&nbsp;about the long-term prospects than about the short-term trade opportunity. From this perspective, I continue to think that AAPL is a good stock to own at next-year earnings multiples of 26 times that I find modest, given strong fundamentals.</p>\n<p>To be clear,investors did not seem too happy&nbsp;about Apple’s recent revenue miss – a rarity over the past five years at least. The infamous global supply chain issues of 2021 prevented the Cupertino company from realizing $6 billion in revenues, also putting at risk the results of the crucial holiday quarter.</p>\n<p>But under the hood, and aside from temporary procurement and logistics challenges, Apple seems to be doing quite well. CEO Tim Cook reemphasized high demand for Apple’s products and services, which he characterized as “enthusiastic”.Average prices for devices&nbsp;seem to be high, and margins remain healthy.</p>\n<p>Therefore, buying an arguably great stock at a slight discount to the early September all-time high seems sensible to me.</p>\n<p><b>Seasonality is unfavorable</b></p>\n<p>To answer the question of timing, however, one must consider short term factors. From a seasonality perspective, November is about as bad a month to buy AAPL, as the chart below suggests.</p>\n<p>Since the launch of the iPhone, in 2007, Apple stock has produced an average loss of -0.2% in the second-to-last month of the year. Worse yet, the losses have widened to nearly -2% in December and January combined. This is probably the result of sell-the-news pressures, following the launch of the newest iPhone in the fall and amid the busy holiday shopping weeks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7d445e7006af8b9873ba75d03c839fa4\" tg-width=\"668\" tg-height=\"349\" width=\"100%\" height=\"auto\"><span>Figure 2: AAPL average monthly return since iPhone launch.</span></p>\n<p>In fact, the holiday season could play an important role in how Apple stock performs in November. Revenue expectations have probably been set lower, given the supply chain disruptions that the management team warned about during the earnings call. Keep an eye on&nbsp;official&nbsp;monthly retail sales data and online shopping&nbsp;reports&nbsp;to see how well consumer product companies perform in Q4.</p>\n<p><b>What the technicals say</b></p>\n<p>From a technical (i.e. chart-reading) perspective, the signals seem to be mixed. The first graph below shows that Apple stock currently trades just above its 50-day and 150-day moving averages, suggesting that a bit of positive momentum has started to build since right before earnings. Also, share price has consistently found support at the longer-term moving average, which is currently $140.</p>\n<p>On the other hand, shares have been trading largely sideways within a narrow price band of $140 and $157 since the start of Q2, and the stock has yet to breach to the upside. Also, any potential bullishness of late has not been backed up by much volume. In fact, average number of shares traded recently has dipped to pre-COVID bear levels once again (second chart below).</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/24486ab543e6413994d549ee698bea49\" tg-width=\"738\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>Figure 2: AAPL price chart and trading volume.</span></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>Apple Stock: It's Inching Toward All-Time Highs. What Will November Bring? </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nApple Stock: It's Inching Toward All-Time Highs. What Will November Bring? \n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/what-to-expect-of-apple-stock-in-november><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With only two months to go in 2021, Apple stock has just breached $150 in share price, and it inches toward all-time highs once again. Today, the Apple Maven talks about what investors should expect ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/what-to-expect-of-apple-stock-in-november\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/what-to-expect-of-apple-stock-in-november","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1166681038","content_text":"With only two months to go in 2021, Apple stock has just breached $150 in share price, and it inches toward all-time highs once again. Today, the Apple Maven talks about what investors should expect of AAPL in November. Is now a good time to hold shares, or should investors look for opportunities elsewhere?\nFigure 1: Apple Park in Cupertino, CA.\nThinking long term first\nWhen it comes to AAPL, it is not a secret that I care much more about the long-term prospects than about the short-term trade opportunity. From this perspective, I continue to think that AAPL is a good stock to own at next-year earnings multiples of 26 times that I find modest, given strong fundamentals.\nTo be clear,investors did not seem too happy about Apple’s recent revenue miss – a rarity over the past five years at least. The infamous global supply chain issues of 2021 prevented the Cupertino company from realizing $6 billion in revenues, also putting at risk the results of the crucial holiday quarter.\nBut under the hood, and aside from temporary procurement and logistics challenges, Apple seems to be doing quite well. CEO Tim Cook reemphasized high demand for Apple’s products and services, which he characterized as “enthusiastic”.Average prices for devices seem to be high, and margins remain healthy.\nTherefore, buying an arguably great stock at a slight discount to the early September all-time high seems sensible to me.\nSeasonality is unfavorable\nTo answer the question of timing, however, one must consider short term factors. From a seasonality perspective, November is about as bad a month to buy AAPL, as the chart below suggests.\nSince the launch of the iPhone, in 2007, Apple stock has produced an average loss of -0.2% in the second-to-last month of the year. Worse yet, the losses have widened to nearly -2% in December and January combined. This is probably the result of sell-the-news pressures, following the launch of the newest iPhone in the fall and amid the busy holiday shopping weeks.\nFigure 2: AAPL average monthly return since iPhone launch.\nIn fact, the holiday season could play an important role in how Apple stock performs in November. Revenue expectations have probably been set lower, given the supply chain disruptions that the management team warned about during the earnings call. Keep an eye on official monthly retail sales data and online shopping reports to see how well consumer product companies perform in Q4.\nWhat the technicals say\nFrom a technical (i.e. chart-reading) perspective, the signals seem to be mixed. The first graph below shows that Apple stock currently trades just above its 50-day and 150-day moving averages, suggesting that a bit of positive momentum has started to build since right before earnings. Also, share price has consistently found support at the longer-term moving average, which is currently $140.\nOn the other hand, shares have been trading largely sideways within a narrow price band of $140 and $157 since the start of Q2, and the stock has yet to breach to the upside. Also, any potential bullishness of late has not been backed up by much volume. In fact, average number of shares traded recently has dipped to pre-COVID bear levels once again (second chart below).\nFigure 2: AAPL price chart and trading volume.","news_type":1},"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":127965864,"gmtCreate":1624819340858,"gmtModify":1631885859927,"author":{"id":"3578563881684908","authorId":"3578563881684908","name":"LPN","avatar":"https://static.tigerbbs.com/63e3cb5f66016a665aadbe18eaadb09b","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Starbucks&nbsp;[强]&nbsp;","listText":"Starbucks&nbsp;[强]&nbsp;","text":"Starbucks [强]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127965864","repostId":"2146107083","repostType":4,"isVote":1,"tweetType":1,"viewCount":412,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}