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ditti

ditti

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2021-12-08

Insider buying..

抱歉，原内容已删除

2021-07-07

Ok

抱歉，原内容已删除

2021-06-28

Looks up.

Toplines Before US Market Open on Monday

2021-06-25

Buyer beware.

抱歉，原内容已删除

2021-06-23

Already stated they want to run economy hot. Recent comments just to assuage market fears.

抱歉，原内容已删除

2021-06-20

Great to hear.

抱歉，原内容已删除

2021-06-18

Shopping still popular.

As e-commerce sales proliferate, Amazon holds on to top online retail spot

2021-06-18

Depends on Saudi.

Why oil prices may shoot at least 15% higher: Goldman Sachs

2021-06-16

Interesting...

Here's a complete trader playbook for every outcome from the key Fed meeting

2021-06-14

Exciting!

抱歉，原内容已删除

2021-06-13

Really muted.

S&P ekes out gains to close languid week

2021-06-12

Wow

S&P ekes out gains to close languid week

2021-06-10

Still super bullish...

抱歉，原内容已删除

2021-06-07

Exciting times.

Here's what to expect at Apple's WWDC this week

2021-06-06

Might pop.

抱歉，原内容已删除

2021-06-04

Definitely won't be like last decade.

Where Will Apple Stock Be In 10 Years? What To Consider

2021-06-03

Market just waiting for data.

抱歉，原内容已删除

2021-06-02

Will Garena be able to subsidise the finance/commerce long enough for them to turn profitable?

Analyzing Sea Limited's Relentless Growth

2021-06-01

Still green.

抱歉，原内容已删除

2021-05-31

Seems longer term okays to me.

Palantir Vs. Snowflake: Which Is The Better Buy For Long-Term Investors?

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early pre-market trade</li>\n</ul>\n<ul>\n <li>Virgin Galactic stock surged another 6% in premarket trading</li>\n</ul>\n<p>Futures tracking the S&amp;P 500 paused at an all-time high on Monday as investors stayed away from making big bets ahead of data on the health of a U.S. labor market recovery and corporate earnings later in the week.</p>\n<p>At 8:05 a.m. ET, Dow e-minis were down 33 points, or 0.1% and S&amp;P 500 e-minis were up 2.5 points, or 0.06%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1d78faa2e0d7f393f800bb396bc1082\" tg-width=\"1080\" tg-height=\"425\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Nasdaq 100 e-minis were up 43.75 points, or 0.31% as megacap companies including Microsoft, Amazon&nbsp;and Facebook Inc&nbsp;edged higher in premarket trading.</p>\n<p>Crypto stocks follow the rise of Bitcoin in premarket trading.Marathon Digital,Riot Blockchain,Canaan&nbsp;and&nbsp;SOS Limited&nbsp;climbed between 1.8% and 6%.</p>\n<p>Quarterly results from Micron Technology, ConocoPhillips&nbsp;and Walgreens&nbsp;are slated for this week. 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Boeing shares fell 1.2% in the premarket.</p>\n<p><b>Baidu&nbsp;(BIDU)</b>&nbsp;–&nbsp;U.S-listed shares of Chinese tech giant Baidu rose 1.2% after its smart electric vehicle venture with automaker Geely [RIC:RIC:GEELY.UL], Jidu Auto, hired Frank Wu, formerly at Cadillac, to lead its design studio.</p>\n<p><b>Tesla&nbsp;(TSLA)</b> – Tesla&nbsp;is virtually recalling nearly 300,000 cars&nbsp;to implement a software update related to assisted driving. The owners will not actually have to return the vehicles in order to receive the update.</p>\n<p><b>Nvidia&nbsp;(NVDA) </b>– Nvidia received support for its planned $40 billion takeover of ARM from some of the U.K. chip maker’s major customers, according to a report in the Sunday Times. The public display of support comes from&nbsp;Broadcom(AVGO),Marvell(MRVL) and MediaTek.</p>\n<p><b>Intellia Therapeutics&nbsp;(NTLA)</b> – Intellia shares surged 55.4% in the premarket after the Massachusetts-based company and partner&nbsp;Regeneron(REGN) announced positive results in a phase 1 study of a gene-editing treatment for a disease called transthyretin amyloidosis. Regeneron shares gained 1.6%. Two other companies involved with the same gene-editing technology also rallied in premarket trading, with&nbsp;CRISPR Therapeutics(CRSP) soaring 13.5% and&nbsp;Editas Medicine(EDIT) jumping 17.1%.</p>\n<p><b>Perion Network&nbsp;(PERI)</b> – The advertising technology company’s shares surged 9.9% in the premarket after reporting upbeat second-quarter earnings and increasing its full-year forecast.</p>\n<p><b>Johnson &amp; Johnson&nbsp;(JNJ) </b>– Johnson &amp; Johnson will pay $263 million&nbsp;to resolve opioid-related claims&nbsp;in a settlement involving both the state and Nassau and Suffolk Counties. The settlement – in which J&amp;J does not admit or deny guilt – removes the company from an opioid trial set to begin Tuesday.</p>\n<p><b>Biogen&nbsp;(BIIB)</b> – House lawmakers announced an inquiry into the process that approved Biogen’s Alzheimer’s treatment as well as its pricing. Biogen told Reuters it would cooperate with any inquiries it received from lawmakers.</p>\n<p><b>MetLife&nbsp;(MET)</b> – MetLife received an offer from Netherlands-based insurer NN Group for some of MetLife’s European businesses, though NN did not say which businesses were involved or how much it had offered.</p>\n<p><b>MicroStrategy&nbsp;(MSTR)</b> – The business analytics company’s stock gained 3.3% in premarket trading, continuing to trade in sync with bitcoin. MicroStrategy has several billion dollars of the virtual currency on its books.</p>\n<p><b>Ocwen Financial&nbsp;(OCN),JOANN&nbsp;(JOAN)</b> – Both stocks will be included in the small-cap Russell 2000 index as of today. Ocwen is a mortgage origination and servicing company, while JOANN is an arts and crafts retailer.</p>\n<p><b>NRG Energy&nbsp;(NRG)</b> – The energy provider’s stock was added to the Conviction Buy list at Goldman Sachs, which also increased its price target on the stock to $57 per share from $46. The stock closed at $38.49 per share Friday, and gained 1.8% in premarket trading.</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 Monday</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 Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-06-28 20:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>U.S. stock futures traded mixed in early pre-market trade</li>\n</ul>\n<ul>\n <li>Virgin Galactic stock surged another 6% in premarket trading</li>\n</ul>\n<p>Futures tracking the S&amp;P 500 paused at an all-time high on Monday as investors stayed away from making big bets ahead of data on the health of a U.S. labor market recovery and corporate earnings later in the week.</p>\n<p>At 8:05 a.m. ET, Dow e-minis were down 33 points, or 0.1% and S&amp;P 500 e-minis were up 2.5 points, or 0.06%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1d78faa2e0d7f393f800bb396bc1082\" tg-width=\"1080\" tg-height=\"425\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p>\n<p>Nasdaq 100 e-minis were up 43.75 points, or 0.31% as megacap companies including Microsoft, Amazon&nbsp;and Facebook Inc&nbsp;edged higher in premarket trading.</p>\n<p>Crypto stocks follow the rise of Bitcoin in premarket trading.Marathon Digital,Riot Blockchain,Canaan&nbsp;and&nbsp;SOS Limited&nbsp;climbed between 1.8% and 6%.</p>\n<p>Quarterly results from Micron Technology, ConocoPhillips&nbsp;and Walgreens&nbsp;are slated for this week. On the economic front, attention will be on consumer confidence data, a private jobs report and a crucial monthly nonfarm payrolls report.</p>\n<p><b>Stocks making the biggest moves in the premarket:</b></p>\n<p><b>Virgin Galactic&nbsp;(SPCE)</b>– Virgin Galactic shares surged another 6% in the premarket after geting the green light from the FAA to fly passengers to space.Virgin Galactic shares soared 38.87% to $55.91&nbsp;on last&nbsp;Friday in the regular session. The company’s shares have returned 135.6% on a year-to-date basis.</p>\n<p><b>Boeing&nbsp;(BA)</b> – Boeingis not likely to receive certification&nbsp;for its 777X long-range aircraft until mid-to-late 2023 at the earliest. That’s according to a letter from a Federal Aviation Administration official to Boeing that was obtained by CNBC, saying there were numerous technical issues that needed to be resolved. Boeing shares fell 1.2% in the premarket.</p>\n<p><b>Baidu&nbsp;(BIDU)</b>&nbsp;–&nbsp;U.S-listed shares of Chinese tech giant Baidu rose 1.2% after its smart electric vehicle venture with automaker Geely [RIC:RIC:GEELY.UL], Jidu Auto, hired Frank Wu, formerly at Cadillac, to lead its design studio.</p>\n<p><b>Tesla&nbsp;(TSLA)</b> – Tesla&nbsp;is virtually recalling nearly 300,000 cars&nbsp;to implement a software update related to assisted driving. The owners will not actually have to return the vehicles in order to receive the update.</p>\n<p><b>Nvidia&nbsp;(NVDA) </b>– Nvidia received support for its planned $40 billion takeover of ARM from some of the U.K. chip maker’s major customers, according to a report in the Sunday Times. The public display of support comes from&nbsp;Broadcom(AVGO),Marvell(MRVL) and MediaTek.</p>\n<p><b>Intellia Therapeutics&nbsp;(NTLA)</b> – Intellia shares surged 55.4% in the premarket after the Massachusetts-based company and partner&nbsp;Regeneron(REGN) announced positive results in a phase 1 study of a gene-editing treatment for a disease called transthyretin amyloidosis. Regeneron shares gained 1.6%. Two other companies involved with the same gene-editing technology also rallied in premarket trading, with&nbsp;CRISPR Therapeutics(CRSP) soaring 13.5% and&nbsp;Editas Medicine(EDIT) jumping 17.1%.</p>\n<p><b>Perion Network&nbsp;(PERI)</b> – The advertising technology company’s shares surged 9.9% in the premarket after reporting upbeat second-quarter earnings and increasing its full-year forecast.</p>\n<p><b>Johnson &amp; Johnson&nbsp;(JNJ) </b>– Johnson &amp; Johnson will pay $263 million&nbsp;to resolve opioid-related claims&nbsp;in a settlement involving both the state and Nassau and Suffolk Counties. The settlement – in which J&amp;J does not admit or deny guilt – removes the company from an opioid trial set to begin Tuesday.</p>\n<p><b>Biogen&nbsp;(BIIB)</b> – House lawmakers announced an inquiry into the process that approved Biogen’s Alzheimer’s treatment as well as its pricing. Biogen told Reuters it would cooperate with any inquiries it received from lawmakers.</p>\n<p><b>MetLife&nbsp;(MET)</b> – MetLife received an offer from Netherlands-based insurer NN Group for some of MetLife’s European businesses, though NN did not say which businesses were involved or how much it had offered.</p>\n<p><b>MicroStrategy&nbsp;(MSTR)</b> – The business analytics company’s stock gained 3.3% in premarket trading, continuing to trade in sync with bitcoin. MicroStrategy has several billion dollars of the virtual currency on its books.</p>\n<p><b>Ocwen Financial&nbsp;(OCN),JOANN&nbsp;(JOAN)</b> – Both stocks will be included in the small-cap Russell 2000 index as of today. Ocwen is a mortgage origination and servicing company, while JOANN is an arts and crafts retailer.</p>\n<p><b>NRG Energy&nbsp;(NRG)</b> – The energy provider’s stock was added to the Conviction Buy list at Goldman Sachs, which also increased its price target on the stock to $57 per share from $46. The stock closed at $38.49 per share Friday, and gained 1.8% in premarket trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149431635","content_text":"U.S. stock futures traded mixed in early pre-market trade\n\n\nVirgin Galactic stock surged another 6% in premarket trading\n\nFutures tracking the S&P 500 paused at an all-time high on Monday as investors stayed away from making big bets ahead of data on the health of a U.S. labor market recovery and corporate earnings later in the week.\nAt 8:05 a.m. ET, Dow e-minis were down 33 points, or 0.1% and S&P 500 e-minis were up 2.5 points, or 0.06%.\n*Source From Tiger Trade, EST 08:05\nNasdaq 100 e-minis were up 43.75 points, or 0.31% as megacap companies including Microsoft, Amazon and Facebook Inc edged higher in premarket trading.\nCrypto stocks follow the rise of Bitcoin in premarket trading.Marathon Digital,Riot Blockchain,Canaan and SOS Limited climbed between 1.8% and 6%.\nQuarterly results from Micron Technology, ConocoPhillips and Walgreens are slated for this week. On the economic front, attention will be on consumer confidence data, a private jobs report and a crucial monthly nonfarm payrolls report.\nStocks making the biggest moves in the premarket:\nVirgin Galactic (SPCE)– Virgin Galactic shares surged another 6% in the premarket after geting the green light from the FAA to fly passengers to space.Virgin Galactic shares soared 38.87% to $55.91 on last Friday in the regular session. The company’s shares have returned 135.6% on a year-to-date basis.\nBoeing (BA) – Boeingis not likely to receive certification for its 777X long-range aircraft until mid-to-late 2023 at the earliest. That’s according to a letter from a Federal Aviation Administration official to Boeing that was obtained by CNBC, saying there were numerous technical issues that needed to be resolved. Boeing shares fell 1.2% in the premarket.\nBaidu (BIDU) – U.S-listed shares of Chinese tech giant Baidu rose 1.2% after its smart electric vehicle venture with automaker Geely [RIC:RIC:GEELY.UL], Jidu Auto, hired Frank Wu, formerly at Cadillac, to lead its design studio.\nTesla (TSLA) – Tesla is virtually recalling nearly 300,000 cars to implement a software update related to assisted driving. The owners will not actually have to return the vehicles in order to receive the update.\nNvidia (NVDA) – Nvidia received support for its planned $40 billion takeover of ARM from some of the U.K. chip maker’s major customers, according to a report in the Sunday Times. The public display of support comes from Broadcom(AVGO),Marvell(MRVL) and MediaTek.\nIntellia Therapeutics (NTLA) – Intellia shares surged 55.4% in the premarket after the Massachusetts-based company and partner Regeneron(REGN) announced positive results in a phase 1 study of a gene-editing treatment for a disease called transthyretin amyloidosis. Regeneron shares gained 1.6%. Two other companies involved with the same gene-editing technology also rallied in premarket trading, with CRISPR Therapeutics(CRSP) soaring 13.5% and Editas Medicine(EDIT) jumping 17.1%.\nPerion Network (PERI) – The advertising technology company’s shares surged 9.9% in the premarket after reporting upbeat second-quarter earnings and increasing its full-year forecast.\nJohnson & Johnson (JNJ) – Johnson & Johnson will pay $263 million to resolve opioid-related claims in a settlement involving both the state and Nassau and Suffolk Counties. The settlement – in which J&J does not admit or deny guilt – removes the company from an opioid trial set to begin Tuesday.\nBiogen (BIIB) – House lawmakers announced an inquiry into the process that approved Biogen’s Alzheimer’s treatment as well as its pricing. Biogen told Reuters it would cooperate with any inquiries it received from lawmakers.\nMetLife (MET) – MetLife received an offer from Netherlands-based insurer NN Group for some of MetLife’s European businesses, though NN did not say which businesses were involved or how much it had offered.\nMicroStrategy (MSTR) – The business analytics company’s stock gained 3.3% in premarket trading, continuing to trade in sync with bitcoin. MicroStrategy has several billion dollars of the virtual currency on its books.\nOcwen Financial (OCN),JOANN (JOAN) – Both stocks will be included in the small-cap Russell 2000 index as of today. Ocwen is a mortgage origination and servicing company, while JOANN is an arts and crafts retailer.\nNRG Energy (NRG) – The energy provider’s stock was added to the Conviction Buy list at Goldman Sachs, which also increased its price target on the stock to $57 per share from $46. The stock closed at $38.49 per share Friday, and gained 1.8% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122175496,"gmtCreate":1624608376515,"gmtModify":1631893563357,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Buyer beware.","listText":"Buyer beware.","text":"Buyer beware.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/122175496","repostId":"1192734381","repostType":4,"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123796283,"gmtCreate":1624437835342,"gmtModify":1631893563360,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Already stated they want to run economy hot. Recent comments just to assuage market fears.","listText":"Already stated they want to run economy hot. Recent comments just to assuage market fears.","text":"Already stated they want to run economy hot. Recent comments just to assuage market fears.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/123796283","repostId":"1136966718","repostType":4,"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165669725,"gmtCreate":1624128119367,"gmtModify":1631893563360,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Great to hear.","listText":"Great to hear.","text":"Great to hear.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/165669725","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166483850,"gmtCreate":1624022583270,"gmtModify":1631893563364,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Shopping still popular.","listText":"Shopping still popular.","text":"Shopping still popular.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166483850","repostId":"1140699063","repostType":4,"repost":{"id":"1140699063","kind":"news","pubTimestamp":1624020833,"share":"https://www.laohu8.com/m/news/1140699063?lang=&edition=full","pubTime":"2021-06-18 20:53","market":"us","language":"en","title":"As e-commerce sales proliferate, Amazon holds on to top online retail spot","url":"https://stock-news.laohu8.com/highlight/detail?id=1140699063","media":"cnbc","summary":"As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in th","content":"<div>\n<p>As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in the country is eye-popping: It's projected to be raking in more than 40% of the nation's e-commerce ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>As e-commerce sales proliferate, Amazon holds on to top online retail spot</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAs e-commerce sales proliferate, Amazon holds on to top online retail spot\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 20:53 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in the country is eye-popping: It's projected to be raking in more than 40% of the nation's e-commerce ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html\">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.cnbc.com/2021/06/18/as-e-commerce-sales-proliferate-amazon-holds-on-to-top-online-retail-spot.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1140699063","content_text":"As Amazon prepares for its annual Prime Day megasale, its reign as the biggest online retailer in the country is eye-popping: It's projected to be raking in more than 40% of the nation's e-commerce sales by the end of 2021.\nAmazon's dominance on the internet has only grown as shopping online becomes second nature for many consumers. That's exactly what has transpired over the past 13 years.\nIn 2008, e-commerce sales accounted for just 3.6% of total retail sales in the United States, according to data from eMarketer. Following gradual growth year after year, that figure skyrocketed to 14% in 2020, as the Covid pandemic fueled online spending on everything from groceries and toilet paper to spin bikes and workout clothes. E-commerce sales are predicted to account for 15.3% of total retail sales by the end of this year and jump to 23.5% by 2025, eMarketer said.\n\nFalling second to Amazon and far behind, big-box chainWalmartis predicted to take about 7% of the digital retail market this year. The two are followed byeBay,Apple,Home Depot,TargetandBest Buy, according to eMarketer.\nWalmart and Target are holding competing deals events — as they have in past years — to coincide with Amazon Prime Day 2021. Both discounters will start sales on Sunday, but Walmart's offers extend through Wednesday, while Target and Amazon end on Tuesday. Both Walmart and Target hope to reach customers who are already browsing the web on Prime Day for summer discounts.\n\nAccording toa recent research reportfromJPMorgan, Amazon is on track to overtake Walmart as the largest U.S. retailer in 2022, as it gains a greater and greater share of the total e-commerce market. Consumers' accelerated adoption of internet shopping during the Covid pandemic has also provided a lift to other areas of Amazon's business, too, JPMorgan said.\nEMarketer is forecasting that total digital sales in the U.S. on Prime Day will jump 17.3% year over year to $12.18 billion. Sales made exclusively on Amazon on Prime Day will grow 18.3% from 2020 levels, to $7.31 billion, it said.\nLast year, Amazon's typical July timing for its shopping extravaganza was postponed all the way into October because of the pandemic. Prime Day ended up marking the unofficial kick-off to the holiday shopping season.\nBack on a more normal schedule,this year's event has been moved up slightlyinto June. Experts say the company is looking to boost spending in what is normally a slower time in the retail calendar. The new timing could also prompt an earlier kickoff to back-to-school shopping.\n\"Amazon will be coy, when they announce ... and so they have the benefit of knowing what they're doing to make sure that they're in a good position,\" Rod Sides, a vice chairman of retail and distribution at Deloitte, said in an interview. \"Whereas the others are responding.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166414575,"gmtCreate":1624022462197,"gmtModify":1631893563367,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Depends on Saudi.","listText":"Depends on Saudi.","text":"Depends on Saudi.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/166414575","repostId":"1180733695","repostType":4,"repost":{"id":"1180733695","kind":"news","pubTimestamp":1624021744,"share":"https://www.laohu8.com/m/news/1180733695?lang=&edition=full","pubTime":"2021-06-18 21:09","market":"us","language":"en","title":"Why oil prices may shoot at least 15% higher: Goldman Sachs","url":"https://stock-news.laohu8.com/highlight/detail?id=1180733695","media":"finance.yahoo","summary":"Supply constraints and a global economyrapidly reboundingfrom the debilitating COVID-19 pandemic lay","content":"<p>Supply constraints and a global economyrapidly reboundingfrom the debilitating COVID-19 pandemic lays the foundation for much higher oil prices, Goldman Sachs global head of commodities research Jeffrey Currie argues.</p>\n<p>\"Near term our highest conviction long is oil where we still see brent [crude oil] averaging $80/bbl this third quarter with potential spikes well above $80/bbl. Global demand likely rose to 97.0 million barrels a day in recent days from 95.0 million barrels a day just a few weeks ago as the U.S. passes the baton to Europe and emerging markets, where even India is beginning to show improvements,\" Currie said in a new research note to clients on Friday.</p>\n<p>To be sure, oil prices have had a bullish bias of late.</p>\n<p>At more than$73 a barrel currently, brent crude oil prices are trading at levels not seen since the fall of 2018. The price of brent crude isup about 55% year-to-date.</p>\n<p>Recent gains in the oil patch have been fueled by indications of strong demand meeting low levels of supply.</p>\n<p>The Energy Information Administration (EIA) reported this week that U.S. crude oil inventories fell by 7.4 million barrels for the week ended June 11. Meanwhile, the National Bureau of Statistics reported that crude oil throughput in China for May rose 4.4% versus last year to hit a record high.</p>\n<p>Warns Goldman's Currie, \"With such robust demand growth against an almost inelastic supply curve outside of core OPEC+ (GCC + Russia), the global oil market is facing its deepest deficits since last summer at nearly 3.0 million barrels a day. With refiners quickly responding to small improvements in margins, petroleum product supplies have broadly matched this jump in end-use demand, leaving this deficit almost entirely in crude. We expect further demand increases towards 99.0 million barrels a day by August of which half can be accounted for purely from DM seasonality alone. By then the entire global post-COVID surplus will likely have vanished, by which point we believe elevated crude oil prices could be the catalyst to refocus the market on the reflation trade.\"</p>","source":"lsy1612507957220","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 oil prices may shoot at least 15% higher: Goldman Sachs</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 oil prices may shoot at least 15% higher: Goldman Sachs\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 21:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-oil-prices-may-shoot-at-least-15-higher-goldman-sachs-130028408.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Supply constraints and a global economyrapidly reboundingfrom the debilitating COVID-19 pandemic lays the foundation for much higher oil prices, Goldman Sachs global head of commodities research ...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-oil-prices-may-shoot-at-least-15-higher-goldman-sachs-130028408.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/why-oil-prices-may-shoot-at-least-15-higher-goldman-sachs-130028408.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180733695","content_text":"Supply constraints and a global economyrapidly reboundingfrom the debilitating COVID-19 pandemic lays the foundation for much higher oil prices, Goldman Sachs global head of commodities research Jeffrey Currie argues.\n\"Near term our highest conviction long is oil where we still see brent [crude oil] averaging $80/bbl this third quarter with potential spikes well above $80/bbl. Global demand likely rose to 97.0 million barrels a day in recent days from 95.0 million barrels a day just a few weeks ago as the U.S. passes the baton to Europe and emerging markets, where even India is beginning to show improvements,\" Currie said in a new research note to clients on Friday.\nTo be sure, oil prices have had a bullish bias of late.\nAt more than$73 a barrel currently, brent crude oil prices are trading at levels not seen since the fall of 2018. The price of brent crude isup about 55% year-to-date.\nRecent gains in the oil patch have been fueled by indications of strong demand meeting low levels of supply.\nThe Energy Information Administration (EIA) reported this week that U.S. crude oil inventories fell by 7.4 million barrels for the week ended June 11. Meanwhile, the National Bureau of Statistics reported that crude oil throughput in China for May rose 4.4% versus last year to hit a record high.\nWarns Goldman's Currie, \"With such robust demand growth against an almost inelastic supply curve outside of core OPEC+ (GCC + Russia), the global oil market is facing its deepest deficits since last summer at nearly 3.0 million barrels a day. With refiners quickly responding to small improvements in margins, petroleum product supplies have broadly matched this jump in end-use demand, leaving this deficit almost entirely in crude. We expect further demand increases towards 99.0 million barrels a day by August of which half can be accounted for purely from DM seasonality alone. By then the entire global post-COVID surplus will likely have vanished, by which point we believe elevated crude oil prices could be the catalyst to refocus the market on the reflation trade.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160187704,"gmtCreate":1623775080508,"gmtModify":1631893563371,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Interesting...","listText":"Interesting...","text":"Interesting...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/160187704","repostId":"1150591447","repostType":4,"repost":{"id":"1150591447","kind":"news","pubTimestamp":1623769391,"share":"https://www.laohu8.com/m/news/1150591447?lang=&edition=full","pubTime":"2021-06-15 23:03","market":"us","language":"en","title":"Here's a complete trader playbook for every outcome from the key Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1150591447","media":"CNBC","summary":"The Federal Reserve’s all-important policy meeting this week is going to affect where investors put ","content":"<div>\n<p>The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's a complete trader playbook for every outcome from the key Fed meeting</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's a complete trader playbook for every outcome from the key Fed meeting\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/15/heres-a-complete-trader-playbook-for-every-outcome-from-the-key-fed-meeting.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150591447","content_text":"The Federal Reserve’s all-important policy meeting this week is going to affect where investors put their money to work going forward.\nThe Federal Open Market Committee,which will conclude its two-day meeting Wednesday, could start preliminary discussions about scaling back the unprecedented bond-buying programs that aided the economy during the pandemic. Some market participants believe it’s still too soon for the central bank to signal such a tapering action, while others think the Fed will be able to find a happy medium that won’t upset the markets.\nEach scenario has different investing implications as they are expected to make big moves across asset classes.\nHere’s a playbook for traders on every scenario from the central bank’s key meeting.\nIf the Fed signals it’s staying with easy policies\nThe Fed could reiterate its transitory stance on inflation, ignoring the pick-up in price pressures reflected in recent economic data. If the central bank says its not time to remove accommodative policies and it’s not concerned about inflation, investors should stick with hedges against rising prices like commodities and stocks with high pricing power, investment banks found.\nBank of America screened S&P 500 companies that its analysts believe have the most pricing power and ability to expand margins at times of rising prices. The stocks include a few chipmakers —Nvidia,Texas InstrumentsandBroadcom— as well as consumer plays likeHome Depot,NikeandPepsiCo.Energy dividend payerExxon Mobilis also on the list.\nUBS also developed a framework for scoring corporate pricing agility, which considers pricing power, margin momentum and input cost exposure. For pricing power, UBS quantified the extent to which a company can raise prices over and above costs. For margin momentum, UBS tracked corporate pricing trends using its proprietary pricing mapping.\nFor input cost exposure, UBS searched for companies with negative sentiment around commodity and transport costs on earnings calls.\n\nBillionaire hedge fund manager Paul Tudor Jones said earlier this week that investors should “go all in on the inflation trades” if the Fed keeps ignoring higher prices.\n“If they treat these numbers — which were material events, they were very material —if they treat them with nonchalance, I think it’s just a green light to bet heavily on every inflation trade,” Tudor Jones said on “Squawk Box”on Monday.\n“If they say, ‘We’re on path, things are good,’ then I would just go all in on the inflation trades. I’d probably buy commodities, buy crypto, buy gold,” added Tudor Jones, who called the stock market crash in 1987.\nThe legendary investor believe cryptocurrencies and other commodities are favorable inflation hedges. Other than buying the commodities outright, investors could also bet on related exchange-traded funds, like gold miner ETFs.\nThe VanEck Vectors Gold Miners ETF (GDX),the biggest gold miner ETF with more than $14 billion in assets under management, has outperformed the populargold ETF GLDso far this year.\nIf the Fed signals it’s time to start removing easy policies\nAnother widely speculated scenario is for the Fed to signal that it’s nearing the time to dial back easy policy saying it will start tapering soon and move up its forecast for a rate increase. Under such a case where the central bank isn’t sufficiently dovish, many expect bond yields to shoot higher.\n“It could easily move longer yields higher,” said Kristina Hooper, Invesco’s chief global market strategist. “A revised dot plot could be one way to do that if it shows the anticipation of earlier or more aggressive rate hikes. And Fed Chair Jay Powell could easily push rates up if he shares that the Fed has started discussing tapering or suggests tapering could start in the next several months.”\nTudor Jones warned that this scenario could lead to another taper tantrum that could cause a correction in stocks.\n“If they course correct, if they say, ‘We’ve got incoming data, we’ve accomplished our mission or we’re on the way very rapidly to accomplishing our mission on employment,’ then you’re going to get a taper tantrum,”Tudor Jones said on Monday. “You’re going to get a sell-off in fixed income. You’re going to get a correction in stocks.”\nCNBC Pro combed through the returns of all S&P 500 stocks during the last five significant spikes in the 10-year Treasury yield. These five periods of a sharp move in rates occurred between 2003 and 2006, 2008 and 2009, 2012 and 2013, 2016 and 2018, and 2020 through now.\nAfter we found the stocks that beat the market every time, we looked for the names that are well-loved by analysts on Wall Street today. The stocks’ average gains during those rising interest rate periods are listed below, along with the percentage of analysts with buy ratings right now.\n\nBank of America’s head of U.S. equity and quantitative strategy Savita Subramanian is advising clients to buy high-quality stocks when tapering nears. High-quality stocks have a “B+” or better S&P quality rating.\nSubramanian said during the 2013 taper tantrum, high-quality names outperformed their low-quality counterparts by 1.3 percentage points from peak to trough in May and June.\nA hint at removing stimulus could also hurt stocks that are most sensitive to the economic recovery, including cyclicals like financials, energy and materials.\n“More hawkish = lower growth. Cyclicals should underperform,” Dennis DeBusschere, macro research analyst at Evercore ISI, said in a note. “The fact that hawkish concerns are being brought up at the same time people believe the reflation trade is in trouble and you have a poor Cyclical backdrop.”\nSo far in 2021, the energy sector has been the biggest winner among the 11 S&P 500 groupings, up 46%. Financials and real estate both gained more than 20% this year.\nIf the Fed makes both camps happy\nA third scenario could occur in which the Fed signals that it is concerned about inflation, but the central bank is not yet ready to taper.\nIf Fed chair Jerome Powell admits the discussion of tapering but nothing has been decided, then the market will likely see a modest rally, led by tech stocks, according to Tom Essaye, founder of the Sevens Report.\n“This is essentially the outcome that Powell and the Fed have been telegraphing for the past several weeks,” Essaye said. “This would be a continuation of the past two weeks’ Goldilocks market outlook. This outcome would help the S&P 500 extend last week’s breakout.”\nInvestors have been rotating back to tech as of late with bond yields coming down. The tech-heavyNasdaq Compositehas rallied about 2.5% this month, hitting a record close on Monday, its first all-time high since April 26. In comparison, the S&P 500 has risen just under 1% in June.\n“This is what the Fed has been doing for the last several months — warning that an inflation surge was coming but that it is transitory so no need to taper,” Jim Paulsen, chief investment strategist at the Leuthold Group, told CNBC. “Moreover, this is probably the most expected outcome from the Fed meeting.”\n“Yes, there may be comments by members that the time to start talking about tapering is here, but I think Powell will continue to suggest that inflation is up as expected but is not yet acting any differently than anticipated,” added Paulsen.\nThis year’s pullback in tech stocks has opened some opportunities in high-quality names that are now trading at a discount, according to top-rated technology analyst Toni Sacconaghi of Bernstein.\nThe Wall Street firm found several technology stocks that have inexpensive valuations and are high in quality. Bernstein screened for the cheapest tech names based on their forward price-to-earnings ratio. The firm also assigned each stock with a quality score.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185404588,"gmtCreate":1623664499544,"gmtModify":1631893563374,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Exciting!","listText":"Exciting!","text":"Exciting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185404588","repostId":"1146430910","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182882796,"gmtCreate":1623562992715,"gmtModify":1631893563379,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Really muted.","listText":"Really muted.","text":"Really muted.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182882796","repostId":"2142204074","repostType":4,"repost":{"id":"2142204074","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623441637,"share":"https://www.laohu8.com/m/news/2142204074?lang=&edition=full","pubTime":"2021-06-12 04:00","market":"us","language":"en","title":"S&P ekes out gains to close languid week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204074","media":"Reuters","summary":"NEW YORK, June 11  - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th","content":"<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P ekes out gains to close languid week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P ekes out gains to close languid week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-12 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","DXD":"道指两倍做空ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF",".DJI":"道琼斯","DDM":"道指两倍做多ETF","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","DOG":"道指反向ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","QID":"纳指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204074","content_text":"NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.\nEconomically sensitive smallcaps and transports notched solid gains, outperforming the broader market.\nFor the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.\nBut the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.\n\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"\n\"So, investors are going to wait until earnings season.\"\nThe Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.\nInvestors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.\n\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.\nBenchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.\nThe Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's\nAlzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.\nBiogen shares, along with the broader healthcare sector ended the session lower.\nUnofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.\nAmong the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.\nMuch of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.\nBut meme stock moves were more muted on Friday, with AMC Entertainment outperforming.\n(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186244410,"gmtCreate":1623505508130,"gmtModify":1634032284771,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"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/186244410","repostId":"2142204074","repostType":4,"repost":{"id":"2142204074","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623441637,"share":"https://www.laohu8.com/m/news/2142204074?lang=&edition=full","pubTime":"2021-06-12 04:00","market":"us","language":"en","title":"S&P ekes out gains to close languid week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204074","media":"Reuters","summary":"NEW YORK, June 11  - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th","content":"<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P ekes out gains to close languid week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-12 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","DXD":"道指两倍做空ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF",".DJI":"道琼斯","DDM":"道指两倍做多ETF","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","DOG":"道指反向ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","QID":"纳指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204074","content_text":"NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.\nEconomically sensitive smallcaps and transports notched solid gains, outperforming the broader market.\nFor the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.\nBut the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.\n\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"\n\"So, investors are going to wait until earnings season.\"\nThe Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.\nInvestors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.\n\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.\nBenchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.\nThe Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's\nAlzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.\nBiogen shares, along with the broader healthcare sector ended the session lower.\nUnofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.\nAmong the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.\nMuch of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.\nBut meme stock moves were more muted on Friday, with AMC Entertainment outperforming.\n(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":68,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183816819,"gmtCreate":1623320834831,"gmtModify":1634034618514,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Still super bullish...","listText":"Still super bullish...","text":"Still super bullish...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/183816819","repostId":"2142938292","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114110560,"gmtCreate":1623056502350,"gmtModify":1634095790772,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Exciting times.","listText":"Exciting times.","text":"Exciting times.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/114110560","repostId":"1184606456","repostType":4,"repost":{"id":"1184606456","kind":"news","pubTimestamp":1623048513,"share":"https://www.laohu8.com/m/news/1184606456?lang=&edition=full","pubTime":"2021-06-07 14:48","market":"us","language":"en","title":"Here's what to expect at Apple's WWDC this week","url":"https://stock-news.laohu8.com/highlight/detail?id=1184606456","media":"cnn","summary":"(CNN Business)Revamped MacBooks. Updated iMessage features. An overhaul of the iPad operating system","content":"<p>(CNN Business)Revamped MacBooks. Updated iMessage features. An overhaul of the iPad operating system.</p>\n<p>These are among the announcements Apple (AAPL) may make this week during its Worldwide Developer Conference, a multi-day event that kicks off Monday. The annual event is typically a chance for the tech company to introduce changes to the software used everyday by millions of people.</p>\n<p>eyond new gadgets and the introduction of iOS 15, WWDC will also be an opportunity for Apple to address its developer community in the midst of two major recent spats with app makers — a contentious legal battle with Fortnite-maker Epic Games over its App Store fees and a feud with Facebook (FB) over Apple's new app-tracking privacy policy.</p>\n<p>This year, for the second time, Apple's WWDC will be held online, though there will still be plenty for developers to do virtually, including more than 200 sessions on how to build new apps and services.</p>\n<p>The event begins with a keynote at 1 p.m. ET on Monday, June 7. Here's what to expect based on the latest reports and rumors.</p>\n<p><b>New gadgets</b></p>\n<p>The most significant hardware announcement expected during WWDC is the introduction of a redesigned 16-inch MacBook Pro, and possibly a 14-inch version, too, Bloomberg has reported.</p>\n<p>The device — like other recent computer and iPad launches from the company — would likely be built with Apple's M1 chip, which it has said provides longer battery life and faster processing speeds, among other benefits. The new laptop could also bring back the popular MagSafe power connector, Ben Wood, chief analyst at CCS Insight, said in an email last week.</p>\n<p>Among other hardware updates, Apple could announce a new version of its AirPods, a breakout product for the company but one that is facing increasing competition from the likes of Google and others.</p>\n<p>\"I'm sure Apple is aware of that competition\" and has plans to counter it, said Mike Bailey, director of research at FBB Capital Partners.</p>\n<p>Finally, the iPad could get major new operating system updates, after Apple introduced a new iPad Pro with its M1 chip last fall.</p>\n<p>\"We expect to see the lines between the Mac and the iPad continue to blur with powerful demos of high-performance video editing software and more,\" Wood said.</p>\n<p><b>iMessage gets a social media makeover</b></p>\n<p>Based on the company's promotional materials for WWDC, a centerpiece of the event could be iMessage, the messaging service used by countless Apple device owners.</p>\n<p>The iPhone maker has been working to make iMessage more like a social media platform that competes with Facebook's WhatsApp. Bloomberg reported that iOS 15 iMessage updates will include new options for automatic replies, beyond the existing auto-reply for when users are driving.</p>\n<p>This could further inflame the tensions with Facebook that emerged over privacy.</p>\n<p><b>Focus on privacy</b></p>\n<p>Industry watchers expect Apple to double down on its privacy focus during WWDC this year.</p>\n<p>At last year's conference, Apple announced its iOS 14.5 update that now gives users the option to deny apps permission to track their activity, a move that has drawn the ire of Facebook, which uses this data to target ads. Analysts will be watching for any data from Apple on how many users have stopped sharing data with apps since the feature went into effect in April.</p>\n<p>The company may also introduce even more ways for users to control what data they share with developers and app makers in the latest iOS update.</p>\n<p>\"We expect data privacy and security to be a main focus and theme of [CEO Tim] Cook's keynote as Apple solidifies its privacy policy with the iOS 15 unveil,\" Wedbush analyst Dan Ives said in an investor note last week.</p>\n<p><b>Scrutiny amid Epic trial</b></p>\n<p>The developer conference comes weeks after Apple's blockbuster trial against Fortnite maker Epic Games, in which the 30% commission that Apple takes from developers was heavily scrutinized.</p>\n<p>\"In light of the controversy kicked up by the recent lawsuit with Epic, Apple will likely go out of its way to reassure the developer community that it has their best interests at heart,\" CCS Insight's Wood said.</p>\n<p>The conference was mentioned on the stand during the trial: An Apple executive revealed that the company spends $50 million a year to put WWDC together, in an effort to shore up its argument that it does a lot to support developers.</p>\n<p>\"We turn the place upside down for developers,\" Cook said during his testimony, citing the company's responsiveness to developer complaints.</p>\n<p>But Cook also acknowledged during his testimony that Apple's ultimate allegiance and priority is its users.</p>\n<p>\"We're making decisions in the best interests of the user,\" he said, \"and I think it's important to note that sometimes there's a conflict between what the developer may want and what the user may want.\"</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>Here's what to expect at Apple's WWDC this week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's what to expect at Apple's WWDC this week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-07 14:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/06/06/tech/apple-wwdc-2021-preview/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(CNN Business)Revamped MacBooks. Updated iMessage features. An overhaul of the iPad operating system.\nThese are among the announcements Apple (AAPL) may make this week during its Worldwide Developer ...</p>\n\n<a href=\"https://edition.cnn.com/2021/06/06/tech/apple-wwdc-2021-preview/index.html\">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://edition.cnn.com/2021/06/06/tech/apple-wwdc-2021-preview/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1184606456","content_text":"(CNN Business)Revamped MacBooks. Updated iMessage features. An overhaul of the iPad operating system.\nThese are among the announcements Apple (AAPL) may make this week during its Worldwide Developer Conference, a multi-day event that kicks off Monday. The annual event is typically a chance for the tech company to introduce changes to the software used everyday by millions of people.\neyond new gadgets and the introduction of iOS 15, WWDC will also be an opportunity for Apple to address its developer community in the midst of two major recent spats with app makers — a contentious legal battle with Fortnite-maker Epic Games over its App Store fees and a feud with Facebook (FB) over Apple's new app-tracking privacy policy.\nThis year, for the second time, Apple's WWDC will be held online, though there will still be plenty for developers to do virtually, including more than 200 sessions on how to build new apps and services.\nThe event begins with a keynote at 1 p.m. ET on Monday, June 7. Here's what to expect based on the latest reports and rumors.\nNew gadgets\nThe most significant hardware announcement expected during WWDC is the introduction of a redesigned 16-inch MacBook Pro, and possibly a 14-inch version, too, Bloomberg has reported.\nThe device — like other recent computer and iPad launches from the company — would likely be built with Apple's M1 chip, which it has said provides longer battery life and faster processing speeds, among other benefits. The new laptop could also bring back the popular MagSafe power connector, Ben Wood, chief analyst at CCS Insight, said in an email last week.\nAmong other hardware updates, Apple could announce a new version of its AirPods, a breakout product for the company but one that is facing increasing competition from the likes of Google and others.\n\"I'm sure Apple is aware of that competition\" and has plans to counter it, said Mike Bailey, director of research at FBB Capital Partners.\nFinally, the iPad could get major new operating system updates, after Apple introduced a new iPad Pro with its M1 chip last fall.\n\"We expect to see the lines between the Mac and the iPad continue to blur with powerful demos of high-performance video editing software and more,\" Wood said.\niMessage gets a social media makeover\nBased on the company's promotional materials for WWDC, a centerpiece of the event could be iMessage, the messaging service used by countless Apple device owners.\nThe iPhone maker has been working to make iMessage more like a social media platform that competes with Facebook's WhatsApp. Bloomberg reported that iOS 15 iMessage updates will include new options for automatic replies, beyond the existing auto-reply for when users are driving.\nThis could further inflame the tensions with Facebook that emerged over privacy.\nFocus on privacy\nIndustry watchers expect Apple to double down on its privacy focus during WWDC this year.\nAt last year's conference, Apple announced its iOS 14.5 update that now gives users the option to deny apps permission to track their activity, a move that has drawn the ire of Facebook, which uses this data to target ads. Analysts will be watching for any data from Apple on how many users have stopped sharing data with apps since the feature went into effect in April.\nThe company may also introduce even more ways for users to control what data they share with developers and app makers in the latest iOS update.\n\"We expect data privacy and security to be a main focus and theme of [CEO Tim] Cook's keynote as Apple solidifies its privacy policy with the iOS 15 unveil,\" Wedbush analyst Dan Ives said in an investor note last week.\nScrutiny amid Epic trial\nThe developer conference comes weeks after Apple's blockbuster trial against Fortnite maker Epic Games, in which the 30% commission that Apple takes from developers was heavily scrutinized.\n\"In light of the controversy kicked up by the recent lawsuit with Epic, Apple will likely go out of its way to reassure the developer community that it has their best interests at heart,\" CCS Insight's Wood said.\nThe conference was mentioned on the stand during the trial: An Apple executive revealed that the company spends $50 million a year to put WWDC together, in an effort to shore up its argument that it does a lot to support developers.\n\"We turn the place upside down for developers,\" Cook said during his testimony, citing the company's responsiveness to developer complaints.\nBut Cook also acknowledged during his testimony that Apple's ultimate allegiance and priority is its users.\n\"We're making decisions in the best interests of the user,\" he said, \"and I think it's important to note that sometimes there's a conflict between what the developer may want and what the user may want.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":115845027,"gmtCreate":1622978175869,"gmtModify":1634096443830,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Might pop.","listText":"Might pop.","text":"Might pop.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/115845027","repostId":"1156802172","repostType":4,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":116673731,"gmtCreate":1622799571323,"gmtModify":1634097894740,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Definitely won't be like last decade.","listText":"Definitely won't be like last decade.","text":"Definitely won't be like last decade.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/116673731","repostId":"1122373606","repostType":4,"repost":{"id":"1122373606","kind":"news","pubTimestamp":1622793373,"share":"https://www.laohu8.com/m/news/1122373606?lang=&edition=full","pubTime":"2021-06-04 15:56","market":"us","language":"en","title":"Where Will Apple Stock Be In 10 Years? What To Consider","url":"https://stock-news.laohu8.com/highlight/detail?id=1122373606","media":"seekingalpha","summary":"Summary\n\nApple has been a great investment over the last decade, but the next decade may look quite ","content":"<p><b>Summary</b></p>\n<ul>\n <li>Apple has been a great investment over the last decade, but the next decade may look quite different.</li>\n <li>Apple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.</li>\n <li>Shares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9f2ea192ed76d9772c2c6a820098faf5\" tg-width=\"1536\" tg-height=\"1024\" referrerpolicy=\"no-referrer\"><span>Photo by Paopano/iStock Editorial via Getty Images</span></p>\n<p><b>Article Thesis</b></p>\n<p>Apple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.</p>\n<p><b>Apple Stock Price</b></p>\n<p>Over the last decade, Apple Inc. has been a great investment:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d29aa34bdbc5bab7d0730a4095954e6\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>Shares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.</p>\n<p><b>Where Will Apple Stock Be In 10 Years</b></p>\n<p>Apple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.</p>\n<p>To craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.</p>\n<p><b>Apple's business growth</b></p>\n<p>Apple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a5b8bd8ef6cdaa13850c1380e870554c\" tg-width=\"635\" tg-height=\"419\"><span>Data by YCharts</span></p>\n<p>Overall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.</p>\n<p>On the back of price increases for its products and the potential for market share gains in&nbsp;high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.</p>\n<p><b>Apple's shareholder returns</b></p>\n<p>Apple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.</p>\n<p>This is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.</p>\n<p><b>Apple's future valuation</b></p>\n<p>AAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/be5cb8bbc04ff0e0a13ee64f6f2bd90a\" tg-width=\"635\" tg-height=\"470\"><span>Data by YCharts</span></p>\n<p>Shares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.</p>\n<p><b>Is AAPL A Buy Or Sell Now</b></p>\n<p>Starting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.</p>\n<p>AAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.</p>\n<p>Summing it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.</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>Where Will Apple Stock Be In 10 Years? What To Consider</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\">\nWhere Will Apple Stock Be In 10 Years? What To Consider\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-04 15:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432703-apple-stock-in-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nApple has been a great investment over the last decade, but the next decade may look quite different.\nApple has seen its growth slow down over the last decade, and it will likely not be a ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432703-apple-stock-in-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://seekingalpha.com/article/4432703-apple-stock-in-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122373606","content_text":"Summary\n\nApple has been a great investment over the last decade, but the next decade may look quite different.\nApple has seen its growth slow down over the last decade, and it will likely not be a growth monster in the coming years, either.\nShares have ample long-term upside, but investors should consider the current valuation before jumping to decisions.\n\nPhoto by Paopano/iStock Editorial via Getty Images\nArticle Thesis\nApple (AAPL) has been one of the best investments one could have made over the last decade. Over the next decade, its growth may not be the same, however. Yet, thanks to massive shareholder return programs and a move towards services, Apple's stock will likely still be significantly higher a decade from now - even though the current valuation is rather high.\nApple Stock Price\nOver the last decade, Apple Inc. has been a great investment:\nData by YCharts\nShares have returned 900% in those ten years, before dividends, for a compounded annual return of approximately 26%, easily trouncing the returns of the broad market during that time frame. Importantly, shares have risen a lot more than the company's market capitalization, which grew by only 550% over the last decade. The difference can be explained by the company's large share repurchase programs, which have lowered the share count drastically over the last decade. The last decade, of course, was a highly successful period for Apple on a business basis, as the company benefited from the rise of smartphones while also having success with new products such as its Watch and tablets, which Apple more or less introduced as a new product category. Right now, shares trade for $125, up 57% over the last twelve months, but down 6% in 2021 to date. Following strong gains during 2020, shares seem to be in a consolidation pattern for now, which is not too much of a surprise, as Apple's valuation had expanded a lot in the recent past, and it seems that the company's business growth has to catch up to the recent share price increases now. The current consensus price target is $156, which implies an upside potential of 25%. Since there are no signs of shares leaving their current trading range right now, I personally do not think that Apple will breach $150 in the near term.\nWhere Will Apple Stock Be In 10 Years\nApple's stock price in 2031 is, of course, nothing that can be forecasted with any precision. As history has shown, again and again, it is not even possible to forecast share prices precisely over a much shorter period of time. It is, however, possible to craft scenarios to see where share prices could be in the future under certain conditions, to get a feel for what might be a reasonable expectation for the future.\nTo craft one such scenario, we have to consider Apple's business growth, Apple's shareholder return program, and the valuation multiple that shares might trade at in the future.\nApple's business growth\nApple Inc. has seen years of stronger growth and years of weaker growth in the past. This mostly can be explained by factors such as new product introductions, e.g. Watch or iPad, and by the strength of the respective current iPhone models, which see varying demand depending on the year. Other factors, such as economic growth or trade issues, play a role as well.\nData by YCharts\nOverall, revenues have grown by 154% over the last decade, but as we see in the above chart, revenue growth has been relatively uneven. During the early 2010s, Apple generated massive growth on the back of the iPhones \"road to victory\", whereas revenue growth declined to a much slower pace in the following years. There were even some years during which revenues declined on a year-over-year basis, such as 2016. The average annual revenue growth pace was 10% over the last decade, but when we factor in that this was lifted up by the very strong growth in 2011 and 2012, it may not be too reasonable to assume that Apple will grow by 10% a year in the future, too. Investors should also consider that maintaining a high growth rate becomes ever more difficult the larger a company gets. This does, however, not mean that Apple's revenue growth will slow down to zero.\nOn the back of price increases for its products and the potential for market share gains in high-growth countries such as China, where more and more people will be able to buy Apple's higher-priced products, it seems reasonable to assume that Apple will generate at least some growth from its core businesses. Add in growth in the services segment - people use their phones more and more, which should lead to higher app spending - and consider the potential for new product launches (although I assume none will be as massive as the iPhone), and Apple should be able to grow its business at a solid pace. I personally assume that a 5%-7% revenue growth rate could be a realistic estimate for the coming years, although some readers will of course have different opinions.\nApple's shareholder returns\nApple has lowered its share count massively in the past, as shown above, and it is, I believe, reasonable to assume that the same will happen going forward. Over the last decade, Apple bought back 36% of its shares. If the same were to happen over the next decade, each remaining share's portion of the company's value would rise by 56%, or 4.6% annualized. Due to the fact that Apple's current valuation is significantly higher than its historic valuation, buybacks could be less impactful in the future, though. Apple has, for example, only reduced its share count by 2.6% over the last year.\nThis is why I believe that the share count will not decline by another 36% over the coming decade. When we adjust that downward to 25%, this would result in a ~3% annual tailwind for Apple's growth when we look at per-share metrics, which are the deciding factor for Apple's share price growth. Combined with my 5%-7% business growth estimate, I thus assume that Apple will grow by 8%-10% on a per-share basis in the long term.\nApple's future valuation\nAAPL has been valued in a very wide range in the past, seeing its shares trade for very low multiples at some points, whereas investors were willing to pay significantly more at other times:\nData by YCharts\nShares could, five years ago, be bought for a very low 10x net earnings, which naturally was a great time to enter or expand positions. In late 2020, however, shares were trading for as much as 40x the company's net earnings, which seems like a quite high valuation. Right now, AAPL trades at 28x trailing earnings, and at around 24x forward profits. In the above chart, we also see the median earnings multiples over the last 3, 5, 7, and 10 years. It is pretty clear that Apple's valuation has expanded over the years, which is why the median values are higher for the shorter \"lookback\" periods. I do not believe that AAPL will trade at the 15.5x net earnings that it has traded at, on average, over the last decade, as this seems like a rather low valuation for a quality company like Apple with a strong brand, massive scale, great margins, and a fortress balance sheet. On the other hand, I also don't believe that Apple will trade at a 24-28x earnings multiple forever - for a company that generates solid but unspectacular business growth in the mid-single-digits, that seems quite expensive. This is especially true when we consider that interest rates will likely be higher a decade from now, which should pressure valuations for all equities, all else equal. I thus believe that a valuation of around 20x net earnings could be a reasonable estimate for 2031, which would be more or less in line with the 3-year median earnings multiple.\nIs AAPL A Buy Or Sell Now\nStarting our calculation with an EPS estimate of $5.15 for 2021 and assuming that this will grow by 7%-10% a year through 2031, we reach an EPS range of $10.10 to $13.40. Putting a 20x earnings multiple on that leads to a target price of around $200-$270/share. At the midpoint of around $235, shares would thus see gains of around 90% from the current level, or around 6.5% annualized. That surely is not a bad return, and when we add in the dividend, we would get to an annualized return of roughly 7%. This is, on the other hand, also not an outrageously great return, I believe.\nAAPL has, I believe, significant upside potential over the next decade, but that should not be a large surprise - many companies will see significant growth over a time span this long. I personally am not too excited about a 7% expected long-term return. When we consider that shares do have considerable downside risk in the next 1-3 years if Apple's valuation declines, e.g. due to rising interest rates, it may be a better choice to stay on the sidelines for now. Long-term investors will likely not do badly when they buy shares at current levels, but they will likely also not do great. For now, I'd rate Apple a hold, and a potential buy if its valuation comes closer to the longer-term average. Those that are more optimistic about new product launches may disagree and favor buying here, but it could turn out that waiting for a better opportunity is the best choice here.\nSumming it up, I'd say shares do have significant upside potential over the next decade, but the upside potential is not large enough to make me buy shares at current, elevated, valuations.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111759256,"gmtCreate":1622702298175,"gmtModify":1634098981004,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Market just waiting for data.","listText":"Market just waiting for data.","text":"Market just waiting for data.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/111759256","repostId":"1136885015","repostType":4,"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":113438170,"gmtCreate":1622632100190,"gmtModify":1634099764383,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Will Garena be able to subsidise the finance/commerce long enough for them to turn profitable?","listText":"Will Garena be able to subsidise the finance/commerce long enough for them to turn profitable?","text":"Will Garena be able to subsidise the finance/commerce long enough for them to turn profitable?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/113438170","repostId":"1100705667","repostType":4,"repost":{"id":"1100705667","kind":"news","pubTimestamp":1622626441,"share":"https://www.laohu8.com/m/news/1100705667?lang=&edition=full","pubTime":"2021-06-02 17:34","market":"us","language":"en","title":"Analyzing Sea Limited's Relentless Growth","url":"https://stock-news.laohu8.com/highlight/detail?id=1100705667","media":"seekingalpha","summary":"Summary\n\nThis article focuses on the growth engine that enables Sea Group. I provide a high-level ov","content":"<p><b>Summary</b></p>\n<ul>\n <li>This article focuses on the growth engine that enables Sea Group. I provide a high-level overview and dive deeper into each operating segment.</li>\n <li>The company has a significant advantage through segments that cross-pollinate each other with cash. Garena is currently funding the growth of Shopee and SeaMoney. This is a key moat contributor.</li>\n <li>Shopee continues to be the key top-line driver with substantial Gross Merchandise Value growth forecasted in Southeast Asia. Consequently, increasing take rates will likely lead to even higher revenue growth.</li>\n <li>Looking at overall online spending, the six largest Southeast Asian countries are forecasted to grow from $100B GMV in 2020 to $300B GMV in 2025. Sea stands to benefit across the board.</li>\n <li>At an FY2023 EV/S of ~8.3x, Sea Group is fairly priced for an investment. It is a long-term conviction \"buy and hold\" for me.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e27123526e3031d4a551f336a9189f19\" tg-width=\"1536\" tg-height=\"1025\"><span>Photo by Wachiwit/iStock Editorial via Getty Images</span></p>\n<p>Sea Group (NYSE:SE) is still running in hyper-growth mode (&gt;100% YoY last quarter and on a last-twelve-month basis).</p>\n<p>It's been over a year since I first wrote about Sea on Seeking Alpha. The company's rise has been staggering and the business has continued to surpass most expectations, with the stock returning over 300% in the last 12 months. I'd like to use this article as an opportunity to dive into what makes such growth at a ~$120B market cap possible and put forward my opinion on why the company is positioned to win more in the coming years. While a lot of alpha has been captured in the past, I still expect substantial broad index outperformance going forward over the long term. I'm long SE.</p>\n<p><b>Recap</b></p>\n<p>Here's a quick recap of what the company constitutes. Sea Group is a Singapore-based consumer internet company that has three major divisions: Digital Entertainment, E-Commerce, and Digital Financial Services. In layman's terms, think of it as a smaller and younger version of Tencent (OTCPK:TCEHY) with a Southeast Asia focus.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bd938ae2a667d8bf6c2c8b8094ff94ab\" tg-width=\"600\" tg-height=\"320\"><span>Source: Author, Logos from Sea Group Media Resources</span></p>\n<p><b>Garena</b></p>\n<p>Their Digital Entertainment arm known as \"Garena\" began as a third party game licensor and operator for popular online games (mostly by Tencent) for the South East Asia region. It consequently grew into an independent mobile game developer, and they now operate one of the most widely played mobile games on the planet, Free Fire, which has about 650 million quarterly active users worldwide. Free Fire is a battle-royale style multiplayer game, optimized to run smoothly on mobile phones with lower computing power specifications<i>.</i>The game generates revenue primarily from in-app purchases. It also features social media aspects, and more recently, an e-sports ecosystem built around it to host global tournaments streamed across the world. The cohesive gaming, social media, and entertainment aspects have led it to be highly engaging and relatively sticky with low churn as far as mobile games go.</p>\n<p><b>Shopee</b></p>\n<p>Shopee is the leading e-commerce platform in Southeast Asia + Taiwan, spanning about 7 countries with a population of over 600 million people. They also have a large presence in Latin America, including Mexico and Brazil (add another 300 million population). The app facilitated ~$12.6B in Gross Merchandise Value (GMV) last quarter. Almost all the markets it operates in features rising middle classes, rapid digital consumerization, and strong GDP growth rates. These geographies have also been historically underpenetrated on the digital front, and are currently experiencing consumer internet adoption at a higher rate than their developed country counterparts. The pandemic catalyzed the seemingly inevitable trend of e-commerce adoption.</p>\n<p><b>SeaMoney</b></p>\n<p>This is Sea Group's \"Digital Financial Services\" (Fintech) arm. SeaMoney includes a digital wallet, payments processing, credit offerings, and other financial services. The segment had over 26 million quarterly paying users with over $3.4B in total payment volume facilitated last quarter. It is Sea Group's youngest division but arguably presents the largest opportunity for the company given that most of the Southeast Asian population has historically been underbanked. Theoretically, investments, loans, credit, debit, and insurance are all potential pieces that can weave together under a unified consumer financial services ecosystem.</p>\n<p>To summarize, Sea Group is a consumer internet titan with an ecosystem of high growth business divisions that are in total, likely touching over a billion people worldwide. On an LTM basis, the company's combined revenue grew 113.7% YoY. Sea is serving emerging markets that are experiencing internet adoption at accelerated rates, and is ballooning into a Tencent-like internet beast (consequently, they're Tencent-backed as well). A key factor in an investment consideration, is, of course, growth going forward. In the next few sections, I attempt to deconstruct growth using readily available-reported metrics and alternative data to make inferences on prospects.</p>\n<p><b>Group Growth Through Cross-Pollination</b></p>\n<p>Big growth requires cash. Chasing an underpenetrated e-commerce opportunity spanning 100s of millions of consumers requires a lot of cash. Sea has executed well in raising capital and putting it to work for growth, often playing its cards close to the chest pre-2020. The secret sauce for effective cash utilization, however, lies in the company's three-headed ecosystem structure. Shopee's growth would not be possible without the preceding success of Garena. And it's fair to say that SeaMoney's odds of success are substantially better because of Shopee's proliferation. The following diagram explains this.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6629de9aa49e0ca3375f92306d80c289\" tg-width=\"640\" tg-height=\"338\"><span>Source: Author, Logos from Sea Group Media Resources</span></p>\n<p>A popular concept in venture capital is the \"Valley of Death\". A freshly funded startup enterprise tends to burn cash to invest in product development, overhead, sales, etc. It continues to burn cash until it finds product-market fit, and revenues eventually grow large enough to make the system work and turn the company cash flow generative. Businesses are vulnerable from a financial standpoint during the cash burn and have to beat the clock as their limited cash pours out rapidly until sales balance out expenditure. Many seed-stage startups just die due to this. Since venture capital proliferated in the last two decades and access to private funding has supplied enormous cash ammunition to growth businesses post product-market fit, the burn phase has extended to the public markets as well. If a public company's strategy doesn't work, it tends to downsize, get mildly profitable at modest growth rates, and turn into an acquisition target. Alternatively, it may collect in the vast land of unfulfilled public tech stocks. That's the anatomy of a modern tech company in a nutshell.</p>\n<p>Expanding upon this concept, Sea Group isn't one company. It's a lot like three companies. As of 2021, Garena is well out of the cash flow valley of death, Shopee is burning big cash but is seemingly at a trough, and SeaMoney is just getting started. Proceeds from mature segments like Garena are used to pollinate growth in segments that have lower market penetration and longer growth runways (like Shopee &amp; SeaMoney).<b>In totality, Sea Group is an ecosystem that continues to evolve with the next big company still embedded within, still in the making, all the time.</b>What's impressive is that Shopee's market potential is larger than Garena's, and SeaMoney has an even larger theoretical market though any success might be early to call. The access to cash makes Sea Group's growth outright suffocating for competitors because individual non-ecosystems simply cannot compete on pricing, marketing budgets, and moderate economies of scale in the case of e-commerce. That's not to take away from Sea's excellent product and sales execution anyway. The following sections break down the three sub-companies and draw inferences from their growth metrics.</p>\n<p><b>Garena (Digital Entertainment)</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/18d10df5e5cd40c3f8cdb6fa3565fb1e\" tg-width=\"510\" tg-height=\"264\"><span>Source: Author,Data from Company Filings</span></p>\n<p>The charts above pertain to the Digital Entertainment segment, with the marked lines displaying YoY (Year-over-Year), and QoQ (Quarter-over-Quarter) percentage growth. Gross Bookings are the key top-line metric as they represent revenues that are yet to be recognized on the GAAP front. Due to the nature of in-app purchases and other payments made on apps like Free Fire etc., there's a fairly substantial difference between the two. Previously reported as Adjusted Revenues, Gross Bookings have held strong and have recently recorded 10% QoQ growth for the first quarter even though the pandemic has been easing off with a reopening trend. Q1-Q3 2020 saw rapid growth, while the last few quarters have tapered down to levels that are seemingly more muted. This should be expected to continue.</p>\n<p>It is worth mentioning how Free Fire has stuck around instead of temporarily leading top mobile gaming charts like most other games. In the gaming world, you have temporarily viral games, and then you have games that have a dedicated following across millions of users that evolve and provide engagement over sustained periods of time. The latter includes Call of Duty, PUBG, League of Legends, and Fortnite to name a few. Ultimately, the revenues of these games are predictable and sticky enough. It appears as though Free Fire has joined this group.</p>\n<p>The way Free Fire was built from the ground up is relatively contrarian. It's optimized to work on cheaper Android-powered smartphones instead of consoles and dedicated devices that are often seen as staple purchases for many gamers in developed countries. Getting a Switch, Xbox, or PC for most people in emerging markets is a serious expense. With Free Fire, you can get away with what you already have in India, Brazil, Mexico, and Indonesia. All you need is a smartphone and you're getting bang for your buck gaming and entertainment. This aspect has made it a perfect emerging market game.<b>While most of the industry was focused on higher ticket experiences, Garena's contrarian outlook on making a game specifically for ignored categories of mobile players has helped it succeed.</b></p>\n<p><img src=\"https://static.tigerbbs.com/a46c2a9d96ac17e0ad6c91fe7eb13f24\" tg-width=\"508\" tg-height=\"265\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/21c5e5ecd14f6544b380b4c99aa42150\" tg-width=\"508\" tg-height=\"265\"><span>Source: Author, Data from Company Filings</span></p>\n<p>Despite going after large populations of price-sensitive emerging market gamers, we see a surprising number of users actually paying for in-app purchases every quarter. QPU growth has outpaced QAU growth, with a larger proportion of the overall user mix trending towards paying users over time (11.4%, 12.0%, and 12.3% respectively for the last three quarters). This is key for the division's bookings and revenues. About a year ago, I expressed concern regarding the over-reliance on Free Fire as a sustainable cash source. I questioned whether it was truly here to stay and won't be replaced by the next hot game. This concern was abated when I learned that the e-sports events were amassing millions of viewers, the game continued to evolve with seasons and geography-specific features, and the social media angle that resulted in network effects across players.<b>It's impressive enough for a game to go to #1, but to stay in the top charts for 2-years running requires some excellent execution.</b></p>\n<p>Here's a table of Play Store rankings for the \"Games: Action\" category. I've included the Play Store since the majority of emerging market users are on Android as opposed to iOS.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>India</b></td>\n   <td><b>Indonesia</b></td>\n   <td><b>Pakistan</b></td>\n   <td><b>Brazil</b></td>\n   <td><b>Nigeria</b></td>\n   <td><b>Bangladesh</b></td>\n   <td><b>Mexico</b></td>\n   <td><b>Philippines</b></td>\n   <td><b>Vietnam</b></td>\n   <td><b>Thailand</b></td>\n  </tr>\n  <tr>\n   <td><b>Downloads: Gaming</b></td>\n   <td>10</td>\n   <td>17</td>\n   <td>18</td>\n   <td>8</td>\n   <td>7</td>\n   <td>3</td>\n   <td>11</td>\n   <td>135</td>\n   <td>11</td>\n   <td>10</td>\n  </tr>\n  <tr>\n   <td><b>Downloads: Gaming Action</b></td>\n   <td>2</td>\n   <td>4</td>\n   <td>3</td>\n   <td>2</td>\n   <td>1</td>\n   <td>1</td>\n   <td>3</td>\n   <td>27</td>\n   <td>2</td>\n   <td>2</td>\n  </tr>\n  <tr>\n   <td><b>Grossing: Gaming</b></td>\n   <td>1</td>\n   <td>1</td>\n   <td>2</td>\n   <td>1</td>\n   <td>8</td>\n   <td>2</td>\n   <td>1</td>\n   <td>20</td>\n   <td>1</td>\n   <td>1</td>\n  </tr>\n  <tr>\n   <td><b>Grossing: Gaming Action</b></td>\n   <td>1</td>\n   <td>1</td>\n   <td>2</td>\n   <td>1</td>\n   <td>2</td>\n   <td>1</td>\n   <td>1</td>\n   <td>4</td>\n   <td>1</td>\n   <td>1</td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: App Annie, As of 28th May 2021</i></p>\n<p>The above charts are compiled from some of the most populated emerging market countries I could find, along with my free App Annie account. While new downloads might have reduced over the last two quarters from the pandemic boost last year, the numbers are still impressive and Free Fire remains the top-grossing game amongst most of the geographies above. Importantly, it is the consistency of these rankings over time.</p>\n<p><b>Going by the growth metrics, long-term engagement is likely to be sustained, but there should be a sequential slowdown in new user adds and incremental gross bookings in the coming months.</b>This is consistent with what the management expects and reasonable given the reopening and saturation of the game across the global market. On the bright side, Digital Entertainment recorded an Adjusted EBITDA margin of 64% last quarter that should scale proportionately with gross bookings. After building out the game, there isn't too much in terms of costs to take away from the bottom line. Large sales and marketing expenditure isn't quite needed now that the game has global network effects. It's really about back-end, maintenance, and continued development work to keep evolving the already successful game and ecosystem.</p>\n<p>Shopee (E-Commerce)</p>\n<p>The following two charts present gross orders and gross merchandise value (GMV) for the e-commerce division.</p>\n<p><img src=\"https://static.tigerbbs.com/cb09b8563ac1df1a5d8e7458b30c3054\" tg-width=\"512\" tg-height=\"264\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/628c3b271ee17e9c430045d0f686f75c\" tg-width=\"512\" tg-height=\"264\"><span>Source: Author, Data from Company Filings</span></p>\n<p>The trends are similar across both charts. Q2 2020 saw acceleration due to the pandemic, Q4 2020 saw a seasonal high, and Q1 2021 saw QoQ deceleration going out of the holiday season across most geographies. As Gross Orders have outpaced GMV, we can conclude that more people are ordering cheaper items on the platform on average. If we consider seasonality, the 5-6% QoQ growth in Q1 2021 isn't particularly concerning and we'll likely see a sequential pickup in the next quarter. It's fair to expect the reopening trend to put some downward pressure on growth but the long term feasibility of the platform has likely cemented itself for consumers. The convenience and product pricing on e-commerce is simply hard to compete with for brick &amp; mortar, and we're not going back to pre-pandemic levels of online retail again. The following earnings release excerpt provides some colour on e-commerce GAAP Revenue.</p>\n<blockquote>\n GAAP revenue was US$922.3 million, up 250.4% year-on-year.\n</blockquote>\n<blockquote>\n GAAP revenue included US$715.9 million of GAAP marketplace revenue, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue, up 167.1% year-on-year.\n</blockquote>\n<blockquote>\n <i>Source:Q1 2021 Earnings Press Release</i>\n</blockquote>\n<p>Comparing the above information to the GMV chart, we can infer that<b>Sales have substantially outpaced GMV growth. This indicates a very deliberate move by the company to increase their take rates in dominant geographies.</b>Take rates are a function of the GMV and represent the proportion of the total GMV that makes it to revenues. As the standard consumer internet company goes, you expand and acquire customers at all costs, then you increase prices and get profitable after capturing a market and habituating consumers to your platform. Overall, the actions have also decreased Adjusted EBITDA losses substantially and that allows Sea to play the balancing cash flow act on demand.</p>\n<blockquote>\n Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in-app on Android for the first quarter of 2021, according to App Annie.\n</blockquote>\n<blockquote>\n In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.\n</blockquote>\n<blockquote>\n <i>Source:Q1 2021 Earnings Press Release</i>\n</blockquote>\n<p>From a high-level view, Southeast Asia &amp; Taiwan seem pretty much covered. However, within this region, Indonesia still presents the fiercest battleground for Shopee as it competes against the SoftBank-backed Tokopedia. The following charts show monthly website visits for both companies.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49440f62634a1c3ccc9ebfdd0c7a33ba\" tg-width=\"481\" tg-height=\"289\"><span>Source:Southeast Asia Map of eCommerce, iPrice Group</span></p>\n<p>Monthly web visits from the iPrice Group show that Tokopedia saw more traffic (not necessarily sales) during the last quarter while it was behind during the last few. However, on mobile (App Store &amp; Android), Shopee is the undisputed leader in the Shopping category. This is reassuring since mobile e-commerce has been outpacing total e-commerce as a category in almost every geography across every platform.</p>\n<table>\n <tbody>\n  <tr>\n   <td><b>Indonesia Mobile Rankings</b></td>\n   <td><b>Q1 20</b></td>\n   <td><b>Q2 20</b></td>\n   <td><b>Q3 20</b></td>\n   <td><b>Q4 20</b></td>\n   <td><b>Q1 21</b></td>\n  </tr>\n  <tr>\n   <td>Shopee App Store</td>\n   <td>1</td>\n   <td>1</td>\n   <td>1</td>\n   <td>1</td>\n   <td>1</td>\n  </tr>\n  <tr>\n   <td>Shopee PlayStore</td>\n   <td>1</td>\n   <td>1</td>\n   <td>1</td>\n   <td>1</td>\n   <td>1</td>\n  </tr>\n  <tr>\n   <td>Tokopedia App Store</td>\n   <td>2</td>\n   <td>2</td>\n   <td>2</td>\n   <td>2</td>\n   <td>2</td>\n  </tr>\n  <tr>\n   <td>Tokopedia PlayStore</td>\n   <td>3</td>\n   <td>3</td>\n   <td>4</td>\n   <td>4</td>\n   <td>4</td>\n  </tr>\n </tbody>\n</table>\n<p><i>Source: Southeast Asia Map of eCommerce, iPrice Group</i></p>\n<p>I would conclude that Tokopedia is a key competitor that needs to be watched closely and will prevent Shopee from exercising its take rates more liberally in the country. Furthermore, Indonesia represents the largest Southeast Asian market for e-commerce.<b>Cross-pollination isn't just occurring across Sea's segments but also across Shopee's different e-commerce geographies.</b>Profits from Shopee Thailand, for example, may be used to bring forth more competitive product pricing to Shopee Indonesia. Tokopedia is distinctly e-Commerce and limited to Indonesia, and likely doesn't have these internal cash generative advantages.</p>\n<p>Let's take a look at what's happening across the globe in Latin America. Shopee is growing like wildfire in Mexico and Brazil. The charts below represent recent data as of late May.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e59030ed9023a1f492a597a9af00d646\" tg-width=\"640\" tg-height=\"247\"><span>Source: App Annie, Rankings by Country in the \"Shopping\" category</span></p>\n<p>Brazil and Mexico together make up for a population of ~330 million. The other e-commerce star in the category, MercadoLibre (MELI) ranks behind Shopee on Android for both Brazil and Mexico. The rankings depend on downloads instead of engagement, and MercadoLibre is often pegged to have a majority market share in Latin America as a whole (dominates Argentina). However, what the above alternative data above tell us is that Shopee has momentum in user share acquisition on an absolute basis. One can infer that more people are downloading Shopee in Mexico and Brazil as of late May compared to MercadoLibre at a faster rate. Higher downloads often translate to higher relatively higher market share gains.</p>\n<p>Add all the Shopee geographies together and they represent a billion people and a combined GDP of $6.5T according to my calculations (<i>Source for GDP:Worldometer</i>). I reckon this is where to start when drawing up true long-term potential before narrowing down further.</p>\n<p><b>SeaMoney (Digital Financial Services)</b></p>\n<ul>\n <li>Total Payment Volumes increased to $3.4B in Q1 21, from $1.0B during the same period last year</li>\n <li>Quarterly Paying Users increased to 26.1 million in Q1 21, from ~10 million during the same period last year</li>\n</ul>\n<p><i>Source:Q1 2021 Earnings Release</i></p>\n<p>SeaMoney is the umbrella under which Sea Group operates multiple Fintech Apps including Shopee Pay. Current products include payments and payment processing, but if one were to look beyond into other Fintech Apps in China or the West, digital financial services tend to coalesce into super apps. For many people living in Southeast Asia, it isn't even about disruption but rather their first introduction to financial services of any sort. Unfortunately, a glance at the Fintech environment would leave any public market investor a bit confused.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/09e8a02fd03188b0d9cb12841f889fe5\" tg-width=\"1280\" tg-height=\"501\"><span>Source:FintechNews.SG</span></p>\n<p>26.1 million quarterly paying users (QPUs), and not monthly-PUs or daily-PUs for that matter doesn't give us much granularity in data or how the segment is truly performing. $3.4B in Transaction Payment Volume is somewhat impressive, considering the last quarter saw about $12.6B in GMV on Shopee. Ultimately, the broader adoption of SeaMoney by both merchants and consumers beyond the Shopee platform is important to catalyze network large scale effects. The greater the versatility of SeaMoney across instances in real-life, the better the hold the division would have over consumers. Longer-term, offering just payments is not enough. Credit, Debit, Investing, and other financial services, all in one app have been shown to differentiate the winners from the losers in geographies like China, or in the United States with Cash App by Square (SQ).</p>\n<p>What can be said though, is that chances for continued growth, and winning market share are higher due to the group cross-pollination effects and network effects against Shopee customers. I would still see the segment through the eyes of an embedded option in the share price that would produce asymmetric reward if it does expand to more customers.</p>\n<p><b>The Runway Ahead</b></p>\n<p>The excerpts below were taken from a report published in late 2020 by Google, Temasek, and Bain &amp; Company. The report highlights internet spending forecasts over six major markets in Southeast Asia: Singapore, Indonesia, Philippines, Thailand, Malaysia, and Vietnam.</p>\n<p><img src=\"https://static.tigerbbs.com/bffb6329895d550a13b311bb474fde85\" tg-width=\"640\" tg-height=\"222\" referrerpolicy=\"no-referrer\"></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a66aadbe2d042623e0efa580879f9f2\" tg-width=\"640\" tg-height=\"335\"><span>Source:e-Conomy SEA 2020; by Google, Temasek, and Bain &amp; Company</span></p>\n<p>As a whole, the internet economy in these countries is expected to compound at a CAGR (Compound Annual Growth Rate) of 24%, almost tripling from $105B in GMV in 2020 to $309B in 2025. This provides a sense of scale for the region and the internet opportunity that Sea currently operates in as a leader. Note that these numbers exclude Taiwan and Latin America.</p>\n<p>For Digital Entertainment, Garena's Free Fire market appears to be a lot closer to saturation considering it is already one of the highest-grossing mobile games on the planet. Other Garena endeavours have a chance of success though I'd argue that \"Free Fire\"-like success is hard to come by especially in mobile gaming. Digital Financial Services is still early to call at least until it achieves broader mass adoption across the region. 26 million paying users is significant, though we'll have to give the business time until we can call it a meaningful sales contributor that in turn drives the stock price. As of now, it's a cash burn.</p>\n<p>That leaves e-Commerce as the main sales driver for the company in the next 2-3 years. Here are some country-specific forecasts for e-Commerce by the same source.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b13ad7630877eaae1221848e7aa7d6e3\" tg-width=\"640\" tg-height=\"321\"><span>Source:e-Conomy SEA 2020, Local Highlights</span></p>\n<p>As one would expect, Indonesia is the largest market. Vietnam is expected to compound at the fastest rate over the next few years. It's important to note that while the CAGRs are drawn in the 20-30% range, 2021 will see the highest rate while 2025 will see the lowest. 40%+ YoY SEA GMV growth for 2021 is quite likely in my opinion while 2025 could be closer to 15%.</p>\n<p>The above chart uses GMV or Gross Merchandise Value. As discussed earlier, sales are a function of the take rate and the GMV. The take rate increases, the sales increase. Sea does this by dominating geographies and then deliberately increasing the take rate when network effects or the habituation of consumers on Shopee works at scale. Therefore, Sea's sales growth is set to outpace GMV expansion, especially when they widen their lead in a market. Given Latin America is also experiencing rapid Shopee adoption, it is reasonable to expect hyper-growth in the e-Commerce segment for years. The company expects 112% YoY growth for Shopee in FY2021 at the midpoint of their guidance (<i>Source:Q4 20 Transcript</i>).</p>\n<p>Weave the above pieces together, Sea has an immense growth runway. The e-Commerce opportunity indicates that the company can theoretically be in hyper-growth mode for another 2-3 years, well into 2023.</p>\n<p>With an established competitive moat, if there's one company to bet on to capitalize and win on the $300B internet GMV opportunity for 2025 (not counting Latin America &amp; Taiwan), Sea seems to be it. I expect the management will also come up with newer verticals that could expand their TAM further. Online in-app investing? travel? TV and movies? Streaming? With network effects this good, they have an unfair advantage. The management has already executed across multiple businesses and seems to deeply understand how the emerging market consumer thinks. They've also displayed evidence of tailoring apps, like Free Fire, to individual geography tastes to maximize execution. Let's look at the financials and valuation multiples to see how much of their future success is already factored in.</p>\n<p><b>Group Financial Overview</b></p>\n<p>I previously mentioned the cash flow valley of death and how segments balance out to achieve cash flow generative growth. The company reports Adjusted EBITDA figures by segment that display similar trends. The \"adjustments\" are quite substantial compared to GAAP metrics, but they're a reasonable indicator after removing stock-based compensation, convertible interest payments, and non-core profitability generation. We're looking long-term here, so the game becomes comparing profitability to itself across time rather than other businesses. I'm more interested in trends and margin expansion rather than absolute values for now. The following chart shows how the breakdown balances out.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d09aa44220209f2c3a08bdf77363fee\" tg-width=\"640\" tg-height=\"347\"><span>Source: Author, Data from Company Filings</span></p>\n<p>The trends were seen above follow the cash flow valley diagram. Digital Entertainment is funding Shopee and SeaMoney, and the net result (the bright pink line) is Group Adjusted EBITDA positive for the past four quarters. Going forward, I expect e-Commerce to pass its valley shortly as sales growth decelerates, and expect digital financial services to continue to burn cash at higher amounts sequentially. The group's total financial performance is encapsulated in the chart below:</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/50cdf1dd4ad0cc063ae074d6bec713bd\" tg-width=\"605\" tg-height=\"352\"><span>Source: Author, Data from Company Filings</span></p>\n<p>Gross Profits have risen due to higher take rates in e-Commerce and improving incremental margins on Digital Entertainment. These margins would come under some pressure as Shopee will outpace Garena, and the lower-margin e-commerce will make a larger proportion of the gross profit mix. Adjusted EBITDA is under control, and while the company is unprofitable on a GAAP basis, I believe it is still fair given that the top-line is growing at triple-digit percentages. Total Revenue for Q4 has grown 12.6% QoQ and 146.7% YoY. On an LTM basis, Revenues have grown 113.7% YoY. With a long-runway ahead, and with the currently phenomenal product and sales execution, Sea Group is a financially healthy company.<b>The profit tradeoff for growth is fair, even though it's a rarity given the sheer scale of the business.</b></p>\n<p>Investors would take some relief in the fact that the company has amassed ~$5.8B in Cash &amp; Equivalents on its balance sheet that would fund losses for some time. If need be, there is a profit switch in Shopee that the company can activate that will result in larger take rates to boost profitability. Sellers on the platform may have no choice in such a situation, considering the breadth, reach, and engagement on the Shopee platform and would go along with the asking price. There is a substantial moat here and the resulting pricing power can be exercised on demand to boost profitability. This isn't new information; Amazon's (AMZN) US e-commerce for example has made similar moves.</p>\n<p><b>Valuation</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1c5cf2d88f832fa4e10dd048d0492f1d\" tg-width=\"640\" tg-height=\"331\"><span>Source: Koyfin</span></p>\n<p>Group Gross Profits are at the 30% range and Shopee specific metrics are expectedly lower. So a 23.7x LTM EV/S multiple is obviously huge. When contextualizing growth prospects and the excellent competitive positioning, the forward EV/S metrics are far more reasonable. According to the Koyfin database, the analyst consensus forward multiples are as follow:</p>\n<ul>\n <li>FY 2021 EV/S of 16.0x</li>\n <li>FY 2022 EV/S of 11.1x</li>\n <li>FY 2023 EV/S of 8.3x</li>\n</ul>\n<p><i>Source: Koyfin</i></p>\n<p>Analysts have historically been on the side of conservatism for almost every high-growth tech company. Sea Group has almost always beaten its revenue figures though they usually fall slightly short on profitability. The 8.3x for 2023 means it's valued on Tencent-like multiples (adjusted for lower gross profits) but in three years. It is indeed a baby Tencent, and I would also argue that&nbsp;OTCPK:TCEHY&nbsp;itself is somewhat undervalued given the low sentiment surrounding regulations and foreign investments in Chinese tech. Are these multiples reasonable? And where is the upside? I believe SE's current price fair, but the upside will have to come from sustained revenue beats, continued product developments, and mass-scale user acquisition. Multiple compression may need to counter share price dilution, and then actually give us a reasonable rate of return. This is a situation where the following wisdom is applicable in my opinion:</p>\n<blockquote>\n It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price-Warren Buffett\n</blockquote>\n<p><b>In my experience, when the quality of the company shines for a fair price, it's still worth an investment. Winners continue to win, and Sea Group is a rockstar business factoring in most qualitative aspects.</b>Given the visionary management (Forrest Li &amp; Co.) and what they've achieved so far, I'd put the odds in their favour.</p>\n<p>Speaking of odds, there are potential catalysts that could pull the future towards us. One would hypothesise that Shopee winning in Indonesia on a more definitive basis would result in sales getting a boost from a strategic take-rate expansion. Across the planet, the Latin American story is looking impressive and shouldn't be underestimated given the size of Brazil and Mexico. That's an additional 50% e-Commerce TAM compared to Southeast Asia. SeaMoney still has a lot to prove but the network effects from Shopee should help sustain an onboarding of customers. The overall business has optionality. By that I mean, embedded options that could be triggered by a few developments and unlock share price appreciation. These are worth a premium.</p>\n<p>I'm currently long SE. I reckon there's still substantial outperformance potential over benchmarks though the easy alpha potential like we saw in 2020 is unlikely to present itself ever again. The bull thesis is too obvious now, everyone knows it, but it should still play out with alpha in my opinion. Every tech hedge fund in the world seems to be holding SE, and I agree with them. On the other hand, let's look at risks.</p>\n<p><b>Risks</b></p>\n<ul>\n <li><b>Free Fire Concentration:</b>The mobile gaming industry is fast, dynamic, and always changing. The next great game is always around the corner and it's entirely possible that Free Fire's popularity fades and the accompanying cash generation dries up. I believe this risk has reduced over the last year, but it's still worth considering.</li>\n <li><b>Competition:</b>Tokopedia in Indonesia, MercadoLibre in Latin America, and other internet businesses like Grab &amp; Gojek. There's plenty of competition at multiple fronts throughout the ecosystem.</li>\n <li><b>Overly aggressive expansion strategy:</b>Sea Group's expansion into 7-8 countries and counting demonstrates a uniquely aggressive growth strategy. While their approach has worked out so far, it may work against them in the future. Knowing when to give up in a market that doesn't play out can stop unnecessary cash burn when the prize isn't significant enough.</li>\n <li><b>Systemic Risks:</b>As a GAAP net loss business, Sea Group is subject to higher volatility, deep drawdowns, and sector/style selloffs. The sell-off in March is a recent example.</li>\n <li><b>Macro:</b>Regulations and geopolitical factors in the emerging market geographies are typically more volatile than those in the US. A variety of macro risks and F/X risks are present at large.</li>\n</ul>\n<p><b>Ending Notes</b></p>\n<p>Concerns about overvaluation are perhaps warranted on a short-term outlook. In this situation, I do not have a strong near-term opinion but instead, harbour conviction in the company's long-term prospects. If one were to think in years rather than months, it is apparent to me that no competitor comes close to Sea Group in its chances for dominating e-commerce market share in most of its operating geographies. Indonesia is a key country to watch as Tokopedia is still putting up a fight. I'd put the odds on Sea since Tokopedia is a vanilla e-commerce player and doesn't have the scale and cross-pollination advantage unless they merge with another giant. Latin America is also looking like it will be a meaningful push to the top-line if not near term profitability. With excellent execution, Sea Group is leveraging its competitive positioning and is winning more often than not. The cross-pollination effect is a key advantage for internal cash generation and will help sustain the relentless growth as the business captures the massive opportunity that remains.</p>\n<p>I imagine many experienced investors that caught the Amazon (AMZN) train early would look back on their investment as a staple component of their portfolio over the years. In my opinion, Sea Group offers a similar proposition a bit earlier in its lifecycle. Currently trading at a market cap of $130B, Sea can theoretically double in a few years once again in my opinion. Tencent in a duopolistic landscape (withBABA) features a $748B market cap across a 1.3 billion Chinese population. SE can go a third of that in a few years with a monopolistic position in Southeast Asia, scaling to a 1 billion strong emerging market population. This isn't a pure alpha opportunity as multiples have substantially expanded, but I would ballpark the company to deliver a 20%+ compounded return for investors that continue to hold it for a few years.<b>I'm long SE.</b></p>\n<p>*****</p>\n<p>Thanks for reading! On a separate note, I'm excited to announce that I will be releasing a Marketplace subscription service soon called The Abstract Portfolio. High growth tech investing can involve a lot of fragmented information, sentiment, and noise. The Abstract Portfolio aims to bring focus and clarity by weaving together what matters and filtering out what doesn't. The service will feature a concentrated portfolio of cherry-picked stocks backed by rigorous fundamental research, assembled to deliver high absolute returns. Stay tuned!</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>Analyzing Sea Limited's Relentless Growth</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\">\nAnalyzing Sea Limited's Relentless Growth\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 17:34 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432517-analyzing-sea-limiteds-relentless-growth><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nThis article focuses on the growth engine that enables Sea Group. I provide a high-level overview and dive deeper into each operating segment.\nThe company has a significant advantage through ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432517-analyzing-sea-limiteds-relentless-growth\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4432517-analyzing-sea-limiteds-relentless-growth","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100705667","content_text":"Summary\n\nThis article focuses on the growth engine that enables Sea Group. I provide a high-level overview and dive deeper into each operating segment.\nThe company has a significant advantage through segments that cross-pollinate each other with cash. Garena is currently funding the growth of Shopee and SeaMoney. This is a key moat contributor.\nShopee continues to be the key top-line driver with substantial Gross Merchandise Value growth forecasted in Southeast Asia. Consequently, increasing take rates will likely lead to even higher revenue growth.\nLooking at overall online spending, the six largest Southeast Asian countries are forecasted to grow from $100B GMV in 2020 to $300B GMV in 2025. Sea stands to benefit across the board.\nAt an FY2023 EV/S of ~8.3x, Sea Group is fairly priced for an investment. It is a long-term conviction \"buy and hold\" for me.\n\nPhoto by Wachiwit/iStock Editorial via Getty Images\nSea Group (NYSE:SE) is still running in hyper-growth mode (>100% YoY last quarter and on a last-twelve-month basis).\nIt's been over a year since I first wrote about Sea on Seeking Alpha. The company's rise has been staggering and the business has continued to surpass most expectations, with the stock returning over 300% in the last 12 months. I'd like to use this article as an opportunity to dive into what makes such growth at a ~$120B market cap possible and put forward my opinion on why the company is positioned to win more in the coming years. While a lot of alpha has been captured in the past, I still expect substantial broad index outperformance going forward over the long term. I'm long SE.\nRecap\nHere's a quick recap of what the company constitutes. Sea Group is a Singapore-based consumer internet company that has three major divisions: Digital Entertainment, E-Commerce, and Digital Financial Services. In layman's terms, think of it as a smaller and younger version of Tencent (OTCPK:TCEHY) with a Southeast Asia focus.\nSource: Author, Logos from Sea Group Media Resources\nGarena\nTheir Digital Entertainment arm known as \"Garena\" began as a third party game licensor and operator for popular online games (mostly by Tencent) for the South East Asia region. It consequently grew into an independent mobile game developer, and they now operate one of the most widely played mobile games on the planet, Free Fire, which has about 650 million quarterly active users worldwide. Free Fire is a battle-royale style multiplayer game, optimized to run smoothly on mobile phones with lower computing power specifications.The game generates revenue primarily from in-app purchases. It also features social media aspects, and more recently, an e-sports ecosystem built around it to host global tournaments streamed across the world. The cohesive gaming, social media, and entertainment aspects have led it to be highly engaging and relatively sticky with low churn as far as mobile games go.\nShopee\nShopee is the leading e-commerce platform in Southeast Asia + Taiwan, spanning about 7 countries with a population of over 600 million people. They also have a large presence in Latin America, including Mexico and Brazil (add another 300 million population). The app facilitated ~$12.6B in Gross Merchandise Value (GMV) last quarter. Almost all the markets it operates in features rising middle classes, rapid digital consumerization, and strong GDP growth rates. These geographies have also been historically underpenetrated on the digital front, and are currently experiencing consumer internet adoption at a higher rate than their developed country counterparts. The pandemic catalyzed the seemingly inevitable trend of e-commerce adoption.\nSeaMoney\nThis is Sea Group's \"Digital Financial Services\" (Fintech) arm. SeaMoney includes a digital wallet, payments processing, credit offerings, and other financial services. The segment had over 26 million quarterly paying users with over $3.4B in total payment volume facilitated last quarter. It is Sea Group's youngest division but arguably presents the largest opportunity for the company given that most of the Southeast Asian population has historically been underbanked. Theoretically, investments, loans, credit, debit, and insurance are all potential pieces that can weave together under a unified consumer financial services ecosystem.\nTo summarize, Sea Group is a consumer internet titan with an ecosystem of high growth business divisions that are in total, likely touching over a billion people worldwide. On an LTM basis, the company's combined revenue grew 113.7% YoY. Sea is serving emerging markets that are experiencing internet adoption at accelerated rates, and is ballooning into a Tencent-like internet beast (consequently, they're Tencent-backed as well). A key factor in an investment consideration, is, of course, growth going forward. In the next few sections, I attempt to deconstruct growth using readily available-reported metrics and alternative data to make inferences on prospects.\nGroup Growth Through Cross-Pollination\nBig growth requires cash. Chasing an underpenetrated e-commerce opportunity spanning 100s of millions of consumers requires a lot of cash. Sea has executed well in raising capital and putting it to work for growth, often playing its cards close to the chest pre-2020. The secret sauce for effective cash utilization, however, lies in the company's three-headed ecosystem structure. Shopee's growth would not be possible without the preceding success of Garena. And it's fair to say that SeaMoney's odds of success are substantially better because of Shopee's proliferation. The following diagram explains this.\nSource: Author, Logos from Sea Group Media Resources\nA popular concept in venture capital is the \"Valley of Death\". A freshly funded startup enterprise tends to burn cash to invest in product development, overhead, sales, etc. It continues to burn cash until it finds product-market fit, and revenues eventually grow large enough to make the system work and turn the company cash flow generative. Businesses are vulnerable from a financial standpoint during the cash burn and have to beat the clock as their limited cash pours out rapidly until sales balance out expenditure. Many seed-stage startups just die due to this. Since venture capital proliferated in the last two decades and access to private funding has supplied enormous cash ammunition to growth businesses post product-market fit, the burn phase has extended to the public markets as well. If a public company's strategy doesn't work, it tends to downsize, get mildly profitable at modest growth rates, and turn into an acquisition target. Alternatively, it may collect in the vast land of unfulfilled public tech stocks. That's the anatomy of a modern tech company in a nutshell.\nExpanding upon this concept, Sea Group isn't one company. It's a lot like three companies. As of 2021, Garena is well out of the cash flow valley of death, Shopee is burning big cash but is seemingly at a trough, and SeaMoney is just getting started. Proceeds from mature segments like Garena are used to pollinate growth in segments that have lower market penetration and longer growth runways (like Shopee & SeaMoney).In totality, Sea Group is an ecosystem that continues to evolve with the next big company still embedded within, still in the making, all the time.What's impressive is that Shopee's market potential is larger than Garena's, and SeaMoney has an even larger theoretical market though any success might be early to call. The access to cash makes Sea Group's growth outright suffocating for competitors because individual non-ecosystems simply cannot compete on pricing, marketing budgets, and moderate economies of scale in the case of e-commerce. That's not to take away from Sea's excellent product and sales execution anyway. The following sections break down the three sub-companies and draw inferences from their growth metrics.\nGarena (Digital Entertainment)\nSource: Author,Data from Company Filings\nThe charts above pertain to the Digital Entertainment segment, with the marked lines displaying YoY (Year-over-Year), and QoQ (Quarter-over-Quarter) percentage growth. Gross Bookings are the key top-line metric as they represent revenues that are yet to be recognized on the GAAP front. Due to the nature of in-app purchases and other payments made on apps like Free Fire etc., there's a fairly substantial difference between the two. Previously reported as Adjusted Revenues, Gross Bookings have held strong and have recently recorded 10% QoQ growth for the first quarter even though the pandemic has been easing off with a reopening trend. Q1-Q3 2020 saw rapid growth, while the last few quarters have tapered down to levels that are seemingly more muted. This should be expected to continue.\nIt is worth mentioning how Free Fire has stuck around instead of temporarily leading top mobile gaming charts like most other games. In the gaming world, you have temporarily viral games, and then you have games that have a dedicated following across millions of users that evolve and provide engagement over sustained periods of time. The latter includes Call of Duty, PUBG, League of Legends, and Fortnite to name a few. Ultimately, the revenues of these games are predictable and sticky enough. It appears as though Free Fire has joined this group.\nThe way Free Fire was built from the ground up is relatively contrarian. It's optimized to work on cheaper Android-powered smartphones instead of consoles and dedicated devices that are often seen as staple purchases for many gamers in developed countries. Getting a Switch, Xbox, or PC for most people in emerging markets is a serious expense. With Free Fire, you can get away with what you already have in India, Brazil, Mexico, and Indonesia. All you need is a smartphone and you're getting bang for your buck gaming and entertainment. This aspect has made it a perfect emerging market game.While most of the industry was focused on higher ticket experiences, Garena's contrarian outlook on making a game specifically for ignored categories of mobile players has helped it succeed.\n\nSource: Author, Data from Company Filings\nDespite going after large populations of price-sensitive emerging market gamers, we see a surprising number of users actually paying for in-app purchases every quarter. QPU growth has outpaced QAU growth, with a larger proportion of the overall user mix trending towards paying users over time (11.4%, 12.0%, and 12.3% respectively for the last three quarters). This is key for the division's bookings and revenues. About a year ago, I expressed concern regarding the over-reliance on Free Fire as a sustainable cash source. I questioned whether it was truly here to stay and won't be replaced by the next hot game. This concern was abated when I learned that the e-sports events were amassing millions of viewers, the game continued to evolve with seasons and geography-specific features, and the social media angle that resulted in network effects across players.It's impressive enough for a game to go to #1, but to stay in the top charts for 2-years running requires some excellent execution.\nHere's a table of Play Store rankings for the \"Games: Action\" category. I've included the Play Store since the majority of emerging market users are on Android as opposed to iOS.\n\n\n\nIndia\nIndonesia\nPakistan\nBrazil\nNigeria\nBangladesh\nMexico\nPhilippines\nVietnam\nThailand\n\n\nDownloads: Gaming\n10\n17\n18\n8\n7\n3\n11\n135\n11\n10\n\n\nDownloads: Gaming Action\n2\n4\n3\n2\n1\n1\n3\n27\n2\n2\n\n\nGrossing: Gaming\n1\n1\n2\n1\n8\n2\n1\n20\n1\n1\n\n\nGrossing: Gaming Action\n1\n1\n2\n1\n2\n1\n1\n4\n1\n1\n\n\n\nSource: App Annie, As of 28th May 2021\nThe above charts are compiled from some of the most populated emerging market countries I could find, along with my free App Annie account. While new downloads might have reduced over the last two quarters from the pandemic boost last year, the numbers are still impressive and Free Fire remains the top-grossing game amongst most of the geographies above. Importantly, it is the consistency of these rankings over time.\nGoing by the growth metrics, long-term engagement is likely to be sustained, but there should be a sequential slowdown in new user adds and incremental gross bookings in the coming months.This is consistent with what the management expects and reasonable given the reopening and saturation of the game across the global market. On the bright side, Digital Entertainment recorded an Adjusted EBITDA margin of 64% last quarter that should scale proportionately with gross bookings. After building out the game, there isn't too much in terms of costs to take away from the bottom line. Large sales and marketing expenditure isn't quite needed now that the game has global network effects. It's really about back-end, maintenance, and continued development work to keep evolving the already successful game and ecosystem.\nShopee (E-Commerce)\nThe following two charts present gross orders and gross merchandise value (GMV) for the e-commerce division.\n\nSource: Author, Data from Company Filings\nThe trends are similar across both charts. Q2 2020 saw acceleration due to the pandemic, Q4 2020 saw a seasonal high, and Q1 2021 saw QoQ deceleration going out of the holiday season across most geographies. As Gross Orders have outpaced GMV, we can conclude that more people are ordering cheaper items on the platform on average. If we consider seasonality, the 5-6% QoQ growth in Q1 2021 isn't particularly concerning and we'll likely see a sequential pickup in the next quarter. It's fair to expect the reopening trend to put some downward pressure on growth but the long term feasibility of the platform has likely cemented itself for consumers. The convenience and product pricing on e-commerce is simply hard to compete with for brick & mortar, and we're not going back to pre-pandemic levels of online retail again. The following earnings release excerpt provides some colour on e-commerce GAAP Revenue.\n\n GAAP revenue was US$922.3 million, up 250.4% year-on-year.\n\n\n GAAP revenue included US$715.9 million of GAAP marketplace revenue, up 285.0% year-on-year, and US$206.4 million of GAAP product revenue, up 167.1% year-on-year.\n\n\nSource:Q1 2021 Earnings Press Release\n\nComparing the above information to the GMV chart, we can infer thatSales have substantially outpaced GMV growth. This indicates a very deliberate move by the company to increase their take rates in dominant geographies.Take rates are a function of the GMV and represent the proportion of the total GMV that makes it to revenues. As the standard consumer internet company goes, you expand and acquire customers at all costs, then you increase prices and get profitable after capturing a market and habituating consumers to your platform. Overall, the actions have also decreased Adjusted EBITDA losses substantially and that allows Sea to play the balancing cash flow act on demand.\n\n Both in Southeast Asia and in Taiwan, Shopee ranked first in the Shopping category by average monthly active users and total time spent in-app on Android for the first quarter of 2021, according to App Annie.\n\n\n In Indonesia, where Shopee further accelerated its year-on-year growth in gross orders, it continued to rank first by average monthly active users and total time spent in app on Android in the Shopping category for the first quarter of 2021, according to App Annie.\n\n\nSource:Q1 2021 Earnings Press Release\n\nFrom a high-level view, Southeast Asia & Taiwan seem pretty much covered. However, within this region, Indonesia still presents the fiercest battleground for Shopee as it competes against the SoftBank-backed Tokopedia. The following charts show monthly website visits for both companies.\nSource:Southeast Asia Map of eCommerce, iPrice Group\nMonthly web visits from the iPrice Group show that Tokopedia saw more traffic (not necessarily sales) during the last quarter while it was behind during the last few. However, on mobile (App Store & Android), Shopee is the undisputed leader in the Shopping category. This is reassuring since mobile e-commerce has been outpacing total e-commerce as a category in almost every geography across every platform.\n\n\n\nIndonesia Mobile Rankings\nQ1 20\nQ2 20\nQ3 20\nQ4 20\nQ1 21\n\n\nShopee App Store\n1\n1\n1\n1\n1\n\n\nShopee PlayStore\n1\n1\n1\n1\n1\n\n\nTokopedia App Store\n2\n2\n2\n2\n2\n\n\nTokopedia PlayStore\n3\n3\n4\n4\n4\n\n\n\nSource: Southeast Asia Map of eCommerce, iPrice Group\nI would conclude that Tokopedia is a key competitor that needs to be watched closely and will prevent Shopee from exercising its take rates more liberally in the country. Furthermore, Indonesia represents the largest Southeast Asian market for e-commerce.Cross-pollination isn't just occurring across Sea's segments but also across Shopee's different e-commerce geographies.Profits from Shopee Thailand, for example, may be used to bring forth more competitive product pricing to Shopee Indonesia. Tokopedia is distinctly e-Commerce and limited to Indonesia, and likely doesn't have these internal cash generative advantages.\nLet's take a look at what's happening across the globe in Latin America. Shopee is growing like wildfire in Mexico and Brazil. The charts below represent recent data as of late May.\nSource: App Annie, Rankings by Country in the \"Shopping\" category\nBrazil and Mexico together make up for a population of ~330 million. The other e-commerce star in the category, MercadoLibre (MELI) ranks behind Shopee on Android for both Brazil and Mexico. The rankings depend on downloads instead of engagement, and MercadoLibre is often pegged to have a majority market share in Latin America as a whole (dominates Argentina). However, what the above alternative data above tell us is that Shopee has momentum in user share acquisition on an absolute basis. One can infer that more people are downloading Shopee in Mexico and Brazil as of late May compared to MercadoLibre at a faster rate. Higher downloads often translate to higher relatively higher market share gains.\nAdd all the Shopee geographies together and they represent a billion people and a combined GDP of $6.5T according to my calculations (Source for GDP:Worldometer). I reckon this is where to start when drawing up true long-term potential before narrowing down further.\nSeaMoney (Digital Financial Services)\n\nTotal Payment Volumes increased to $3.4B in Q1 21, from $1.0B during the same period last year\nQuarterly Paying Users increased to 26.1 million in Q1 21, from ~10 million during the same period last year\n\nSource:Q1 2021 Earnings Release\nSeaMoney is the umbrella under which Sea Group operates multiple Fintech Apps including Shopee Pay. Current products include payments and payment processing, but if one were to look beyond into other Fintech Apps in China or the West, digital financial services tend to coalesce into super apps. For many people living in Southeast Asia, it isn't even about disruption but rather their first introduction to financial services of any sort. Unfortunately, a glance at the Fintech environment would leave any public market investor a bit confused.\nSource:FintechNews.SG\n26.1 million quarterly paying users (QPUs), and not monthly-PUs or daily-PUs for that matter doesn't give us much granularity in data or how the segment is truly performing. $3.4B in Transaction Payment Volume is somewhat impressive, considering the last quarter saw about $12.6B in GMV on Shopee. Ultimately, the broader adoption of SeaMoney by both merchants and consumers beyond the Shopee platform is important to catalyze network large scale effects. The greater the versatility of SeaMoney across instances in real-life, the better the hold the division would have over consumers. Longer-term, offering just payments is not enough. Credit, Debit, Investing, and other financial services, all in one app have been shown to differentiate the winners from the losers in geographies like China, or in the United States with Cash App by Square (SQ).\nWhat can be said though, is that chances for continued growth, and winning market share are higher due to the group cross-pollination effects and network effects against Shopee customers. I would still see the segment through the eyes of an embedded option in the share price that would produce asymmetric reward if it does expand to more customers.\nThe Runway Ahead\nThe excerpts below were taken from a report published in late 2020 by Google, Temasek, and Bain & Company. The report highlights internet spending forecasts over six major markets in Southeast Asia: Singapore, Indonesia, Philippines, Thailand, Malaysia, and Vietnam.\n\nSource:e-Conomy SEA 2020; by Google, Temasek, and Bain & Company\nAs a whole, the internet economy in these countries is expected to compound at a CAGR (Compound Annual Growth Rate) of 24%, almost tripling from $105B in GMV in 2020 to $309B in 2025. This provides a sense of scale for the region and the internet opportunity that Sea currently operates in as a leader. Note that these numbers exclude Taiwan and Latin America.\nFor Digital Entertainment, Garena's Free Fire market appears to be a lot closer to saturation considering it is already one of the highest-grossing mobile games on the planet. Other Garena endeavours have a chance of success though I'd argue that \"Free Fire\"-like success is hard to come by especially in mobile gaming. Digital Financial Services is still early to call at least until it achieves broader mass adoption across the region. 26 million paying users is significant, though we'll have to give the business time until we can call it a meaningful sales contributor that in turn drives the stock price. As of now, it's a cash burn.\nThat leaves e-Commerce as the main sales driver for the company in the next 2-3 years. Here are some country-specific forecasts for e-Commerce by the same source.\nSource:e-Conomy SEA 2020, Local Highlights\nAs one would expect, Indonesia is the largest market. Vietnam is expected to compound at the fastest rate over the next few years. It's important to note that while the CAGRs are drawn in the 20-30% range, 2021 will see the highest rate while 2025 will see the lowest. 40%+ YoY SEA GMV growth for 2021 is quite likely in my opinion while 2025 could be closer to 15%.\nThe above chart uses GMV or Gross Merchandise Value. As discussed earlier, sales are a function of the take rate and the GMV. The take rate increases, the sales increase. Sea does this by dominating geographies and then deliberately increasing the take rate when network effects or the habituation of consumers on Shopee works at scale. Therefore, Sea's sales growth is set to outpace GMV expansion, especially when they widen their lead in a market. Given Latin America is also experiencing rapid Shopee adoption, it is reasonable to expect hyper-growth in the e-Commerce segment for years. The company expects 112% YoY growth for Shopee in FY2021 at the midpoint of their guidance (Source:Q4 20 Transcript).\nWeave the above pieces together, Sea has an immense growth runway. The e-Commerce opportunity indicates that the company can theoretically be in hyper-growth mode for another 2-3 years, well into 2023.\nWith an established competitive moat, if there's one company to bet on to capitalize and win on the $300B internet GMV opportunity for 2025 (not counting Latin America & Taiwan), Sea seems to be it. I expect the management will also come up with newer verticals that could expand their TAM further. Online in-app investing? travel? TV and movies? Streaming? With network effects this good, they have an unfair advantage. The management has already executed across multiple businesses and seems to deeply understand how the emerging market consumer thinks. They've also displayed evidence of tailoring apps, like Free Fire, to individual geography tastes to maximize execution. Let's look at the financials and valuation multiples to see how much of their future success is already factored in.\nGroup Financial Overview\nI previously mentioned the cash flow valley of death and how segments balance out to achieve cash flow generative growth. The company reports Adjusted EBITDA figures by segment that display similar trends. The \"adjustments\" are quite substantial compared to GAAP metrics, but they're a reasonable indicator after removing stock-based compensation, convertible interest payments, and non-core profitability generation. We're looking long-term here, so the game becomes comparing profitability to itself across time rather than other businesses. I'm more interested in trends and margin expansion rather than absolute values for now. The following chart shows how the breakdown balances out.\nSource: Author, Data from Company Filings\nThe trends were seen above follow the cash flow valley diagram. Digital Entertainment is funding Shopee and SeaMoney, and the net result (the bright pink line) is Group Adjusted EBITDA positive for the past four quarters. Going forward, I expect e-Commerce to pass its valley shortly as sales growth decelerates, and expect digital financial services to continue to burn cash at higher amounts sequentially. The group's total financial performance is encapsulated in the chart below:\nSource: Author, Data from Company Filings\nGross Profits have risen due to higher take rates in e-Commerce and improving incremental margins on Digital Entertainment. These margins would come under some pressure as Shopee will outpace Garena, and the lower-margin e-commerce will make a larger proportion of the gross profit mix. Adjusted EBITDA is under control, and while the company is unprofitable on a GAAP basis, I believe it is still fair given that the top-line is growing at triple-digit percentages. Total Revenue for Q4 has grown 12.6% QoQ and 146.7% YoY. On an LTM basis, Revenues have grown 113.7% YoY. With a long-runway ahead, and with the currently phenomenal product and sales execution, Sea Group is a financially healthy company.The profit tradeoff for growth is fair, even though it's a rarity given the sheer scale of the business.\nInvestors would take some relief in the fact that the company has amassed ~$5.8B in Cash & Equivalents on its balance sheet that would fund losses for some time. If need be, there is a profit switch in Shopee that the company can activate that will result in larger take rates to boost profitability. Sellers on the platform may have no choice in such a situation, considering the breadth, reach, and engagement on the Shopee platform and would go along with the asking price. There is a substantial moat here and the resulting pricing power can be exercised on demand to boost profitability. This isn't new information; Amazon's (AMZN) US e-commerce for example has made similar moves.\nValuation\nSource: Koyfin\nGroup Gross Profits are at the 30% range and Shopee specific metrics are expectedly lower. So a 23.7x LTM EV/S multiple is obviously huge. When contextualizing growth prospects and the excellent competitive positioning, the forward EV/S metrics are far more reasonable. According to the Koyfin database, the analyst consensus forward multiples are as follow:\n\nFY 2021 EV/S of 16.0x\nFY 2022 EV/S of 11.1x\nFY 2023 EV/S of 8.3x\n\nSource: Koyfin\nAnalysts have historically been on the side of conservatism for almost every high-growth tech company. Sea Group has almost always beaten its revenue figures though they usually fall slightly short on profitability. The 8.3x for 2023 means it's valued on Tencent-like multiples (adjusted for lower gross profits) but in three years. It is indeed a baby Tencent, and I would also argue that OTCPK:TCEHY itself is somewhat undervalued given the low sentiment surrounding regulations and foreign investments in Chinese tech. Are these multiples reasonable? And where is the upside? I believe SE's current price fair, but the upside will have to come from sustained revenue beats, continued product developments, and mass-scale user acquisition. Multiple compression may need to counter share price dilution, and then actually give us a reasonable rate of return. This is a situation where the following wisdom is applicable in my opinion:\n\n It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price-Warren Buffett\n\nIn my experience, when the quality of the company shines for a fair price, it's still worth an investment. Winners continue to win, and Sea Group is a rockstar business factoring in most qualitative aspects.Given the visionary management (Forrest Li & Co.) and what they've achieved so far, I'd put the odds in their favour.\nSpeaking of odds, there are potential catalysts that could pull the future towards us. One would hypothesise that Shopee winning in Indonesia on a more definitive basis would result in sales getting a boost from a strategic take-rate expansion. Across the planet, the Latin American story is looking impressive and shouldn't be underestimated given the size of Brazil and Mexico. That's an additional 50% e-Commerce TAM compared to Southeast Asia. SeaMoney still has a lot to prove but the network effects from Shopee should help sustain an onboarding of customers. The overall business has optionality. By that I mean, embedded options that could be triggered by a few developments and unlock share price appreciation. These are worth a premium.\nI'm currently long SE. I reckon there's still substantial outperformance potential over benchmarks though the easy alpha potential like we saw in 2020 is unlikely to present itself ever again. The bull thesis is too obvious now, everyone knows it, but it should still play out with alpha in my opinion. Every tech hedge fund in the world seems to be holding SE, and I agree with them. On the other hand, let's look at risks.\nRisks\n\nFree Fire Concentration:The mobile gaming industry is fast, dynamic, and always changing. The next great game is always around the corner and it's entirely possible that Free Fire's popularity fades and the accompanying cash generation dries up. I believe this risk has reduced over the last year, but it's still worth considering.\nCompetition:Tokopedia in Indonesia, MercadoLibre in Latin America, and other internet businesses like Grab & Gojek. There's plenty of competition at multiple fronts throughout the ecosystem.\nOverly aggressive expansion strategy:Sea Group's expansion into 7-8 countries and counting demonstrates a uniquely aggressive growth strategy. While their approach has worked out so far, it may work against them in the future. Knowing when to give up in a market that doesn't play out can stop unnecessary cash burn when the prize isn't significant enough.\nSystemic Risks:As a GAAP net loss business, Sea Group is subject to higher volatility, deep drawdowns, and sector/style selloffs. The sell-off in March is a recent example.\nMacro:Regulations and geopolitical factors in the emerging market geographies are typically more volatile than those in the US. A variety of macro risks and F/X risks are present at large.\n\nEnding Notes\nConcerns about overvaluation are perhaps warranted on a short-term outlook. In this situation, I do not have a strong near-term opinion but instead, harbour conviction in the company's long-term prospects. If one were to think in years rather than months, it is apparent to me that no competitor comes close to Sea Group in its chances for dominating e-commerce market share in most of its operating geographies. Indonesia is a key country to watch as Tokopedia is still putting up a fight. I'd put the odds on Sea since Tokopedia is a vanilla e-commerce player and doesn't have the scale and cross-pollination advantage unless they merge with another giant. Latin America is also looking like it will be a meaningful push to the top-line if not near term profitability. With excellent execution, Sea Group is leveraging its competitive positioning and is winning more often than not. The cross-pollination effect is a key advantage for internal cash generation and will help sustain the relentless growth as the business captures the massive opportunity that remains.\nI imagine many experienced investors that caught the Amazon (AMZN) train early would look back on their investment as a staple component of their portfolio over the years. In my opinion, Sea Group offers a similar proposition a bit earlier in its lifecycle. Currently trading at a market cap of $130B, Sea can theoretically double in a few years once again in my opinion. Tencent in a duopolistic landscape (withBABA) features a $748B market cap across a 1.3 billion Chinese population. SE can go a third of that in a few years with a monopolistic position in Southeast Asia, scaling to a 1 billion strong emerging market population. This isn't a pure alpha opportunity as multiples have substantially expanded, but I would ballpark the company to deliver a 20%+ compounded return for investors that continue to hold it for a few years.I'm long SE.\n*****\nThanks for reading! On a separate note, I'm excited to announce that I will be releasing a Marketplace subscription service soon called The Abstract Portfolio. High growth tech investing can involve a lot of fragmented information, sentiment, and noise. The Abstract Portfolio aims to bring focus and clarity by weaving together what matters and filtering out what doesn't. The service will feature a concentrated portfolio of cherry-picked stocks backed by rigorous fundamental research, assembled to deliver high absolute returns. Stay tuned!","news_type":1},"isVote":1,"tweetType":1,"viewCount":44,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119971839,"gmtCreate":1622516074021,"gmtModify":1634100901608,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Still green.","listText":"Still green.","text":"Still green.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/119971839","repostId":"1163643126","repostType":4,"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110615334,"gmtCreate":1622448836028,"gmtModify":1634101401249,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Seems longer term okays to me.","listText":"Seems longer term okays to me.","text":"Seems longer term okays to me.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110615334","repostId":"1187518687","repostType":4,"repost":{"id":"1187518687","kind":"news","pubTimestamp":1622444095,"share":"https://www.laohu8.com/m/news/1187518687?lang=&edition=full","pubTime":"2021-05-31 14:54","market":"us","language":"en","title":"Palantir Vs. Snowflake: Which Is The Better Buy For Long-Term Investors?","url":"https://stock-news.laohu8.com/highlight/detail?id=1187518687","media":"seekingalpha","summary":"Summary\n\nBig data analytics and decisioning is one of the cornerstones of the digital transformation","content":"<p><b>Summary</b></p>\n<ul>\n <li>Big data analytics and decisioning is one of the cornerstones of the digital transformation revolution sweeping through much of the IT firmament.</li>\n <li>The two leading companies in providing the building blocks for large data warehouses and for decisioning applications based on big data analytics are Palantir and Snowflake.</li>\n <li>Both of these companies have already compiled enviable growth records; indeed, the growth Snowflake is enjoying is as rapid as any ramp I have ever seen.</li>\n <li>The issue for investors is really not the likely success of these companies, or the fact that they are down a great deal from recent post IPO valuations. The issue is their current valuation and future growth.</li>\n <li>My conclusion, based solely on valuation, is that Palantir will provide a somewhat greater return than Snowflake over the coming years. But in neither case is it likely that long term returns can rise beyond the teens.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e334ff290e3ff9d31d41e402324f177e\" tg-width=\"768\" tg-height=\"432\"><span>Photo by DKosig/E+ via Getty Images</span></p>\n<p><b>A sharp sector rotation affords long-term investors with opportunities not often encountered!</b></p>\n<p>It will probably come as no surprise to most readers that the last 3 months have been marked by a very strong sector rotation away from high-growth, high value names to cyclical/reopening names. Even some of the strongest companies have seen their valuations eviscerated over that period. The culprit for the rotation is investor concern with both prior valuations and investor concern about spikes in inflation leading to interest rate increases. The valuation compression is even sharper than it may appear on the surface. Not only are share prices down, but revenue estimates and operational performance are showing very strong positive trends. In most cases, EV/S ratios have fallen by 25% or more and in a few cases the fall has been 50% and even greater. Much like a lake which is plagued by drought, this valuation compression has made visible several islands of opportunity.</p>\n<p>This is not an article about sector rotation per se, or about the valuation of tech names per se. Have the last several days of trading been a harbinger that sector rotation is ending, or was it simply a long awaited response to several days of extreme valuation compression in the tech space? At some point, the combination of falling share prices and rising growth rates for revenues and free cash flow will obviously lead to a reversal-but lacking 2ndsight, I have to leave that vexed question to others.</p>\n<p>One of my favorite components of Lincoln’s 2ndinaugural address is the ringing phrase, “fondly do we hope, fervently do we pray.” Now the President was talking about the passing of the scourge of war, and I am writing about the end of a sector rotation. But it has been a difficult period that has scourged the portfolios of many investors and I do hope it will pass away soon.</p>\n<p>One of the several artifacts of what some might call “The Great Sector Rotation” has been the emergence of several growth names that had been un-investible due to valuation for months or since they became public. This article is focused on two such names, Palantir(NYSE:PLTR)and Snowflake(NYSE:SNOW). These are names that are prominent in the IT space. are amongst the leaders in the Big Data/Analytics space and which have generated remarkable interest amongst many investors and readers of SA. Both of them are quite exceptional companies-but I don’t think either is a particularly remarkable investment. That said, at current valuations (I am using share prices as of 5/24 to calculate my valuation relationships), both of these names can potentially provide investors modest-but double digit long term returns. That is usually less than many tech investors find acceptable-but the visibility and relative stability of both of these companies is an unquantifiable intangible that some may find particularly attractive. Again, entirely based on valuation, and no other factor, Palantir is a more attractive investment-although the calculated return difference compared to Snowflake isn’t huge. Obviously, it is the CAGR differential between businesses that make it so difficult for an observer to make an unqualified choice.</p>\n<p>I want to make clear than when asked for a choice between these two names, my first response would be neither. There are simply better choices in the IT world as potential investments. Investors have a wide choice of names in the space in the wake of the valuation compression and there are different attributes associated with these names.</p>\n<p>For those investors looking for my choices in the high growth/high valuation segment, I would recommend CrowdStrike (CRWD), Datadog (DDOG). Zscaler (ZI) and ZoomInfo (ZI). Could Snowflake make this list-possibly because it certainly has the highest CAGR of any of the names that I follow. But even using what is essentially a 4 year CAGR of 70% to reach a terminal sales level of more than $6 billion, and a terminal growth rate in the mid-thirty percent range still does not produce super returns for Snowflake because it is hard to do so when the starting point is a valuation of 53X EV/S (as of the close on Monday, May 24th). And forecasting that a company with a $6 billion run rate to continue growth in the mid-30% range is certainly a bit of a reach-although the market that SNOW addresses is enormous and growing.</p>\n<p>For investors looking for a combination of growth coupled with less than average valuation in terms of their EV/S ratio, choices include names such as Upstart (UPST). Affirm (AFRM), Asana (ASAN), Elastic (ESTC), Wix (WIX) and Jamf (JAMF). Some investors are looking for names with very high free cash flow margins. Here choices include Atlassian (TEAM), Dynatrace (DT), Veeva (VEEV), Microsoft (MSFT) and Adobe (ADBE). Many investors would choose to use some kind of combination of free cash flow margin + growth rate in compiling a buy list. Here, the regnant champion is ZoomInfo (ZI) but perhaps Palantir makes the list-depending on whether the free cash flow metric achieved last quarter was an outlier or represented the start of a trend. Trade Desk (TTD), in the wake of its recent share price compression of 40% since mid-February would also be on this list.</p>\n<p>Some investors look for bargains amongst fairly IPO’s. There are some bargains now to be seen in that sector such as Affirm and also nCino (NCNO) and perhaps Jamf. These are companies whose price action after the IPO took their valuations to unsustainable levels and which have now compressed to what appear to be bargains. I try to approach the recent IPOs with the same methodology as the rest of the names I follow. Inevitably, given the small number of shares in most IPOs, stock prices can subsequently reach dizzying levels as institutions, in particular, look to establish full positions that they were unable to create with an IPO allocation. But once that demand ceases, these names fall, and can do so to very compressed valuations.</p>\n<p>Finally, there are some investors who look for proverbial bargains by screening for percentage declines over some fixed period. That is not a methodology I favor. Many companies can be mis-priced in terms of valuation and so the fact that a name is down a particular percentage is of less importance to me, than how the companies score on EV/S valuation and free cash flow margins. I have seen many articles that focus on either Snowflake or Palantir because of their steep declines during and even before the sector rotation. While it is not uncommon for commentators to use a percentage decline as a screening point, my approach doesn’t value that technique. Specifically, there was no conceivable logical methodology that could have supported the peak valuations of either Snowflake or Palantir, so the fact that they have fallen substantially is not proof-at least to this writer-that they are now reasonably valued.</p>\n<p>I try not to be obsessively tied to formulas in creating a buy list for my own portfolio or for my recommendations. I am, admittedly, biased toward growth, but when I see a combination of growth and free cash flow margin, I can fall in love-at least figuratively. (Sort of like Daumier’s famous lithograph, “Fusion des Compagnies. Effusion des actionnaires. (Les Beaux Jours de la Vie), from Le Charivari, Honoré Daumier ^ Minneapolis Institute of Art. I use some combination of all approaches in compiling my own list of names that I think are buy rated. I don’t include any megacap names, more because I think their investment merits are well recognized and there isn’t too much in the way of value add that I might provide.</p>\n<p>To repeat: both Palantir and Snowflake are and will remain remarkable businesses that are revolutionizing the way software is used in both government and commercial applications. Bringing storage to the cloud the way it is done by Snowflake is hastening digital transformation and making it easier to migrate workloads to the cloud-a significant priority for many-probably most enterprise users of IT. The combination of data integration, AI and search which enable users to find patterns and develop useful insights is achieving some of the more “Buck Rogerish” dreams of software engineers and ultimately all classes of users.</p>\n<p>But having said that, it is still necessary to look at growth and cash flow to arrive at a valuation and while the valuation compression has led to opportunities, the opportunities are not of the once in a generation scale. Investors who want to own the best companies frequently are going to be asked to sacrifice some percentage upside to buy the best of the breed, and that is what I see here, regardless of my admiration of the offerings of both companies.</p>\n<p>One thing to note: I would be greatly surprised if either Palantir or Snowflake will precisely look the way they do at this writing. They are going to wind up making acquisitions-I doubt that valuations and chemistry would allow either company to be acquired. Speculating about acquisitions is a fun parlor trick, but not something that can really be forecast with any degree of specificity. But one reason as to why I have suggested that these companies will continue to grow at elevated rates relates to my belief that there will be some element of inorganic revenue in the results of both companies 4 years from now.</p>\n<p><b>The background of Snowflake and Palantir</b></p>\n<p>Both of these businesses have been and remain high growth companies with strong technology moats and a host of the most prominent IT users in the world. Palantir reported recent results that swung strongly to free cash generation; SNOW is perhaps the fastest growing name I have seen at scale. And the shares of both companies have seen rather substantial compression. Since the rotation began in early/mid-February, shares of Snowflake have&nbsp;fallen as much as 39% before bouncing 11.5% on Friday, May 14th partially due to a&nbsp;new recommendation from the analyst at Goldman Sachs.Shares of&nbsp;Palantir had fallen as much as 53%&nbsp;before its bounce 9.3% on Friday May 14th.</p>\n<p>Both of these companies seem destined to be major factors in the software over the course of the coming years. Over time, as they mature, I expect that both of these company’s will evolve highly profitable business models. Based strictly on the way I value companies, I find the shares of Palantir to be more attractive to investors than the shares of Snowflake-even though self-evidently, Snowflake is growing faster than Palantir. I believe that long-term investors will achieve a somewhat greater return investing in Palantir than in Snowflake-but the difference isn’t huge and speculating about an end-result 4 years from now is inevitably a fraught undertaking.</p>\n<p>I have been frequently asked by subscribers to my Ticker Target service. by investment advisory clients and by readers of SA articles to provide some opinion on both of these companies with a plurality inquiring about Palantir. For months, until now, I haven’t chosen to make much of a response given the valuations have been of a magnitude that made any kind of positive recommendation more faith based than logical.</p>\n<p><b>Trying to find a formula for relative valuations</b></p>\n<p>Let’s face it-trying to decide between the investment merits of two companies with a great base of IP, addressing hot spaces within the enterprise software space is a bit like handicapping the results of sporting events before the start of a season. There is loads of pure guesswork and less substance than most would like. Many analysts demur doing something like this-or if they are like me, they suggest to clients that there is no reason just to own a single name of this kind in a portfolio. I am going to attempt to present some qualitative as well as quantitative analysis-but in the nature of things it will be subjective.</p>\n<p>One consideration is always management. Does either Palantir or Snowflake have better management?Frank Slootman of Snowflak&nbsp;eprobably has better bona fides than the&nbsp;Alex Karp, the CEO of Palantir- he has, after all , sold one company he founded, Data Domain to EMC for an incredible valuation and he guided Service Now to huge success, and in the process&nbsp;more or less ran over BMC Software&nbsp;which was one of the stalwarts of the enterprise software space for many years.</p>\n<p>The CEO of Palantir is Alex Karp and he co founded the company 17 years ago. He has a host of beliefs that many might consider outside of the mainstream, especially for a company that makes a living selling to the US government and particularly the US military. He has been described as eccentric and I imagine that any self-professed socialist who has built a net worth of almost $2 billion is likely to have an unusual set of values. The fact that he keeps Tai Chi swords in his office-which at times can be in a barn in New Hampshire-while not entirely abnormal amongst tech entrepreneurs, is more than a bit different than the background of Mr. Slootman.</p>\n<p>But company’s such as Palantir are run by teams and there are some extraordinary players on Palantir’s team.Peter Thiel,well known as a co-founder of PayPal (PYPL) and one of the first outside investors in Facebook, also co-founded Palantir and remains on the board. So too,is famed tech investor, Joe Lonsdale&nbsp;who recently said that:</p>\n<blockquote>\n “As a director of a public co there are regulations about what you can say – you’re discouraged from speaking up &amp; nobody does in our risk-averse society. But #’s came out yesterday and were misunderstood… we are going to crush the shorts / I am extremely bullish.\"\n</blockquote>\n<p>I am not quite sure why Mr. Lonsdale felt that the quarterly results were misinterpreted. Palantir was caught up in a tech rout on the day after its earnings were released. It was just reflecting the sector rotation that has marked much trading in these names .</p>\n<p>Finally,there is Stephen Cohen,another co-founder of Palantir and currently an Executive VP of the company. Famously, at the ripe age of 23, he has been credited with writing the initial prototype of the Palantir platform in all of 8 weeks.</p>\n<p>As must people who know me would agree, I am a somewhat desiccated older curmudgeon, whose acceptance of eccentricities is perhaps less than it should be. But overall, I believe that in evaluating these two companies, there is not all that much to choose. It is a bit easier to conclude that Snowflake has a management structure that will lead to better investor returns simply because of the track record of the CEO. But Peter Thiel and Joe Lonsdale have made themselves billions and those along for their various rides have done quite well. I can wish that there was less mystery surrounding some parts of the Palantir business, but at the end of the day, I don’t think an investment decision between these two names can be made based on differences in management capabilities.</p>\n<p>Like most other analysts, I try to look at relative valuations in making a recommendation. The fact is that Snowflake still has the highest 12 month forward EV/S ratio of any name I follow, and that valuation is based on a revenue estimate of $1.2 billion. That is a forecast for growth of just over 100% for the next 12 months-and about 10% above the current published consensus for the same period. Despite the forecast for triple digit growth, I wouldn’t find it terribly surprising for Snowflake to continue to exceed estimates-the momentum in its space is just that strong.</p>\n<p>Essentially the problem I have with recommending Snowflake shares is just how much the company will have to grow in order to justify the current valuation-even after the huge haircut of recent months. I have used a 3 year forward CAGR estimate of 70%-I think that is reasonable, if growth this year is over 100% as seems likely.</p>\n<p>Snowflake in its latest reported quarter started&nbsp;to generate free cash flow. To do so, however, it needed to have an enormous growth in its deferred revenue balance-a result that is partially seasonal as its clients renew their agreements. I expect SNOW to generate a modest level of free cash flow in its current year, but that is not going to be a sufficient reason to recommend the shares. In order to generate 70% revenue growth over several years, I anticipate that the company’s ability to generate a substantial free cash flow margin will be challenging. The company will simply have to continue to make outsize investments in sales and marketing and research and development. I imagine that some of that will continue to be part of the company culture even looking out several years; I would not anticipate anything more than average cash flow margins by that time-and those margins could easily be less than average.</p>\n<p>In any event, using a multi-year CAGR of 70%-and then starting the compounding from the base of $1.2 billion of revenues that I anticipate for the current year produces a terminal revenue estimate of about $5.9 billion. I assume that this company will still be enjoying hyper growth at the end of the period-just not at the current elevated levels. I think using a terminal growth rate of 35% is reasonable and even after valuation compression, the average EV/S for that growth rate is 16X. So, that might suggest that the enterprise value for Snowflake 4 years from now ought to be about $94 billion-the enterprise value as of the close on Friday was $56 billion, or thereabouts. That works out to a 14% annualized return. That is certainly far better than such a calculation might recently have been, and far greater than any assumed inflation rate I have seen…but I wonder if it is enough for most investors who are usually looking for something more to be properly compensated for risk in investing in a name such as this.</p>\n<p>A comparable calculation for Palantir starts with estimated revenues of $1.8 billion for the next 12 months. This estimate was revised&nbsp;based on the results that the company reported on 5/11/21. That is considerably greater than the currently published consensus-for 2021 of $1.47 billion-but my estimate goes out an additional quarter and is not burdened by the adherence to the company’s rather mechanical guidance of “greater than 30% for the foreseeable future” which has been the mantra of the company CEO, and which is used by many analysts as a substitute for preparing their own set of expectations.</p>\n<p>Last year, the company reported a 47% growth in revenues and had forecast a 45% growth in revenues for Q1. Q1 revenue growth came to 49%; the company is forecasting 43% revenue growth year on year in the current quarter but given the rather muted sequential growth implied in that forecast (5.6%), I believe it will be exceeded by some noticeable amount. The company reported a free cash flow margin of 34%, a very dramatic change from the negative free cash flow margin reported in 2020.</p>\n<p>While the company saw a decline in its deferred revenue balance in Q1, the more inclusive metric of remaining performance obligation rose by 4.7% sequentially, which is a strong performance given the typical seasonal decline usually seen in that metric in Q1.Overall, calculated billings were up 248%&nbsp;year on year and the year on year increase in the RPO balance came to 129%. These are, in my opinion, strong indicators for future growth.</p>\n<p>Since the time that Palantir became a public company, it has been criticized for the slow growth of its commercial business compared to its government business. But in the last quarter, the company’s US commercial business finally showed some decent growth of 72%. I will cover this subject more fully later on in this article.</p>\n<p>In any event, I have chosen to use a 3 year forward CAGR of 42% in evaluating Palantir, based more on its historical growth than some special knowledge about how fast it might grow. Because of the multiplicity of products and solutions that are enabled by Palantir’s platforms, it can be a bit more difficult to estimate a longer term growth rate than would be the case when dealing with a company whose revenues are coming from a more targeted focus. In any event, using a 42% CAGR, and my current estimate for 12 month forward revenues yields a run -rate estimate 4years out of greater than $5.2 billion. My guess, and I make no representation that it is more than that, is that the company will be still growing in the low 30% range at that point, with a free cash flow margin of greater than 20%.Just to be clear, the cash flow results seen last quarter, while perhaps not enough to suggest a trend, are certainly suggestive of a business model that is potentially very profitable. Taking the estimated cash flow generation into account, the CAGR that I am estimating for Palantir is currently worth an EV/S of about 16X-17X looking at the average EV/S metric for a low 40% growth estimate. In turn, this leads to an enterprise value forecast of about $86 billion compared to last Friday’s enterprise value of $$44.5 billion. This suggests a 4 year return of about 18% compounded, somewhat better than the rate of return I calculate for Snowflake. Snowflake’s elevated valuation simply makes it very difficult to realistically project exceptional long-term returns-even though in many ways Snowflake is an exceptional company operating in an exceptional market.</p>\n<p><b>Where the analysis could be off and what are the risks?</b></p>\n<p>This article is basically about which of the two names I would rather hold or invest in for the long-term. It isn’t a terribly obvious choice-although the numbers, as I see them, suggest that Palantir will relatively outperform Snowflake-mainly because even after a substantial valuation compression, Snowflake shares are still the most expensive name in the IT space in terms of EV/S by a fairly substantial margin. Just to make that point abundantly clear, Snowflake shares, as of the close on Friday, May 21thhad an EV/S ratio based on forward revenues of 53.5X; the next two highest ratios in my coverage universe were those of Bill.com (BILL) at 36.5X and Cloudflare (NET) at 35.9X. Meanwhile, Palantir shares currently sell for an EV/S of 25.5X.</p>\n<p>There are certainly flaws in the investment merits of both companies. I have presented a quantitative model that attempts to deal with the difference in growth rates for the two companies at the present time. But I would be the last analyst on the planet to suggest that I have some crystal ball. I really have no specific way of addressing the potential growth of Snowflake over the next 4 years. I feel reasonably comfortable in suggesting that my use of $1.2 billion for SNOW revenue over the coming 4 quarters is supported both by qualitative comments made by company management and by using sequential quarterly growth estimates that are consistent with recent history. Further, the company’s RPO balance grew to $1.3 billion, up 213% for the year and its DBE ratio was 168%. The RPO balance actually rose by 44% sequentially the latest reported quarter, after rising by 35% sequentially the prior quarter, and the sequential growth in revenues was 19% for the quarter compared to 20% the prior quarter. Given all of those statistics, I felt that forecasting $1.2 billion for the next 4 quarters, compared to the company’s forecast of about $1075 million for the current (2021) year made sense.</p>\n<p>But when it comes to supporting a CAGR of 70% for the 3 years after this one, I would acknowledge that it is somewhat of a guess-and a CAGR of that rate would be breaking new ground in terms of growth at scale. I will be reviewing some of the reasons for the company’s exceptional growth opportunities below-but those specifics are simply not going to allow me, or anyone else, to determine if the most reasonable CAGR is 50% or 70% or some other number. I have yet to see a 3 year CAGR of 70% for a company of this scale. But given that I anticipate that the first year in the forecast period will be nearly 100%, then 70% growth is quite likely and allows for slowing growth as the company’s scale approaches and exceeds a $6 billion revenue run rate.</p>\n<p>Not terribly surprisingly,many analysts rate SNOW shares&nbsp;as a hold although some percentage do rate it as a buy. The issue is almost entirely one of valuation-with a current EV/S of 54X based on the share price of May 28th, at least a plurality of analysts are forecasting some level of multiple compression; it makes price target setting a fraught undertaking.</p>\n<p>There is, perhaps a bit more murkiness, when it comes to evaluating Palantir’s multi-year CAGR and that is a function of the long standing comment of by the CEO, “Per long-term guidance policy, as provided by our Chief Executive Officer, Alex Karp, we continue to expect:</p>\n<ul>\n <li>Annual revenue growth of 30% or greater for 2021 through 2025.”</li>\n</ul>\n<p>This comment appears regularly as part of the guidance section in the quarterly earnings release-just my opinion-but I think the company ought to drop the statement or revise it to take some account of what appears to be happening in the market.</p>\n<p>In turn, this has led to consensus forecast that have 2022 revenues rising by just 30%. It should be reasonably obvious that no one owning the shares can believe such a forecast and analysts who recommend the shares can’t really do so with a straight face using a 30% revenue growth estimate.</p>\n<p>That said, Palantir shares certainly don’t have a&nbsp;particularly strong consensus rating&nbsp;compared to many other enterprise software names. First Call suggests that on average the rating is between a hold and an underperform. At the moment, however, only 7 ratings and 8 estimates are being reported to First Call. Most estimates were raised in the wake of the latest earnings report.</p>\n<p>As subscribers are aware, when I try to triangulate some kind of buy/sell hold rating for shares by using some combination of expected future growth rates coupled with free cash flow margins. But in order to even guess responsibly at what a growth rate for a company in the space might be, I try to use some expectation of how the solutions offered are going to create positive ROI for users.</p>\n<p>I will cover below my expectations in that regard but I really see no reason to believe that any long term growth estimate of less than 40% for Palantir is well founded. The company has a rather wide variety of solutions and users seem to be achieving more than acceptable ROI’s when implementing what they have bought. The key to maintaining growth at greater than 40% is self-evidently the market opportunities that are outside of the company’s efforts in its Federal vertical.</p>\n<p>As mentioned, there were some signs of progress last quarter with growth in the US Commercial space reaching 72%. I imagine, however, that many observers and stakeholders might be concerned that the growth in US government revenues which reached 83% last quarter is unlikely to be duplicated in coming periods. Overall, the growth in commercial deal value, after adjustments for duration, was 76%. Overall, the company got $208 million or 61% of its revenues from government entities while the other 39% of its revenues came from commercial customers.</p>\n<p>Before leaving the subject of risk, and perhaps being guilty of restating the obvious, the shares of both companies will perform poorly in a period of rotation favoring value names, and will perform rather well if the rotation favors growth names. Because of their valuation, the shares of these companies will be strongly correlated with the performance of an index of Cloud stocks, so called, such as CLOU until either or both start to generate substantial and sustained free cash flow margins that will start to change the valuation paradigm substantially.</p>\n<p><b>What does Palantir offer its users and how is that resonating in the market?</b></p>\n<p>What I would like to do-but which is not totally feasible-is to run through Palantir’s products and solutions to try to build a reasonable model that supports 40%+ growth. But this company has a multiplicity of platforms in discrete areas, and many more solutions so about all I am going to be able to do is touch the highlights and competition of the areas in which the company competes.</p>\n<p>Palantir offers 3 major product categories. These include&nbsp;Gotham, Foundry and Apollo.I imagine that Foundry is the best known product set offered by Palantir. Foundry is a data integration platform. There are many companies in this space including Boomi, Informatica, MuleSoft/Salesforce (CRM), Oracle (ORCL), Talend (TLND), Tableau/Salesforce and Alteryx (AYX). The data integration market has a relatively pedestrian growth forecast of a bit less than 8% although its size, estimated to be over $11 billion by 2026, is a worthwhile target. How does Palantir stack up? Here is a review of Palantir when compared to the leading data integration platform, Informatica Power Center:Compare Informatica PowerCenter vs Palantir Foundry. From a product perspective, there is nothing striking that would allow Palantir to gain a huge amount of market share in the commercial space.</p>\n<p>Gotham is the heart of the Palantir franchise and the company continues to enhance the platform. While the linked description of the latest launch probably reads a bit like science fiction:Palantir Gotham | 21 Launch, the fact is that in terms of forecasting growth, this is probably where an analyst needs to start. Gotham is essentially big data analytics-with a full panoply of bells and whistles. The Gotham platform is designed to integrate structured data that is contained in rows and columns, as well as unstructured data such as emails, images and videos. It is basically a sophisticated query tool, and may be thought to be competitive with Elastic’s search technology. Here is a competitive analysis of the two solutions:Palantir Gotham.</p>\n<p>The data that is collected using Gotham is integrated and then is mapped into what are meaningfully defined objects-enhanced by the relationships that connect them. From that point, the data is tagged, secured and tracked.</p>\n<p>Gotham is the heart of Palantir’s government practice in that it is often used by agencies looking to “find bad actors hiding in complex networks.” It is the elaboration of that technology that I believe is driving the extremely strong growth of Palantir’s government business, and with the recent breaches at&nbsp;Colonial Pipelineand through SolarWinds (SWI)&nbsp;hack, coupled with aggressive remediation/security efforts, I believe that the very strong growth rates seen by Palantir in its Federal business are likely to continue and remain at hyper-growth levels for some years to come.</p>\n<p>There are many interesting use cases for Gotham that highlight its versatility. The following link shows a variety of use cases as one scrolls through the article:Palantir: Transforming the way organizations use data - CTOvision.com. While the CAGR for big data analytics as projected in the linked study is only around 11%, the size of the space, relative to the size of Palantir is so substantial as to suggest that forecasting hyper growth is quite reasonable:Big Data and Business Analytics Market Size, Share | 2027. There are going to be many winners and leaders in the big data analytic market. Many enterprises are going to roll their own, using some 3rdparty tools such as those on offer from Elastic, for example. Some users will take advantage of the current offering from low code/no code vendors to facilitate building their own applications from the ground up. But the available market for Gotham is still an opportunity many times the current size of Palantir and looking at all of the problems it can solve perhaps gives readers some sense of why I find it reasonable to believe that Palantir will reach $5 billion in revenues over the coming 4 years.</p>\n<p>Apollo is the 3rdmajor platform offered by Palantir although it is more of an enabling technology that is most often used in conjunction with both Gotham and Foundry. It is said to enable the use of SaaS applications where no SaaS applications have gone before.</p>\n<p>Here is a link to a 3rdparty review of the technology:Palantir Apollo. It is because of Apollo, and its ability to deliver software securely into just about any conceivable location from a battlefield to a submarine, that has enabled the company to win some major deals with the US Government customers and particularly the military and security agencies. Here is a link to a specialist 3rdparty consultant that follows technology trends and market share gains and losses amongst vendors to the US government:Competitor highlights: Palantir.</p>\n<p>At the moment, the market addressed by Apollo is not well defined, and there are no publicly available statistics on the size or growth of the space. What I can suggest, is that Apollo is a key differentiator for the company and that the technology is a key factor in the success that the company has had and will likely continue to have in selling to the government and to some commercial enterprises as well.</p>\n<p>Overall, Palantir’s products are aimed at high-end enterprise users. Typical sales are going to be in the millions of dollars, even when looking at the commercial market. Here is a current analysis of prices that Palantir is charging:Palantir Gotham Pricing.</p>\n<p>Many readers will be familiar with the Palantir story; others will not. This is not intended to be a detailed evaluation of the various solution sets that are offered by the company, but might serve to illuminate the likely growth drivers the company has put in place that should resonate strongly with users over the next several years. Palantir advertises solution capabilities in 20 specific areas. I have linked to the solution directory the company presents:Solutions. It would be difficult to categorize the solutions in any meaningful sense.</p>\n<p>Like many software companies at this point, Palantir offers AI capabilities as part of its stack. Whether the form of AI offered by Palantir is better than many other implementations of AI that are nowadays used for many different purposes is not readily determinable.</p>\n<p>These days there are a number of AI focused vendors whose shares have attracted interest. Perhaps the most prominent of these is C3.ai (AI). I think that Palantir’s differentiation is the use cases in which its form of AI is embodied in a specific solution that can create rapid time to benefit for many users. Indeed, I think the fact that Palantir already has a multiplicity of use cases that are based on AI technology coupled with deep learning is one of the reasons that I feel comfortable in forecasting 40%+ growth over some years.</p>\n<p>Overall, I think that the scope of the technology and the success that the company has had in translating that technology into usable solutions for both government and commercial users is likely to enable Palantir to maintain growth of above 40% for sometime into the future.</p>\n<p><b>Why has Snowflake become the fastest growing software companies at scale?</b></p>\n<p>Again, I assume that many readers will be familiar with the Snowflake story and others will not. The key to making a successful investment in Snowflake is not the fact that it is the fastest growing company in the enterprise software space, but in determining just how long that happy state can last, and the ramp that the company will achieve in terms of developing a consistent free cash flow margin. And while I do not purport to be a fortune teller, or even aspire to such a capability, I think looking at the solutions offered by Snowflake can help investors determine just what a long term CAGR might be.</p>\n<p>Here I have linked to a publication from Snowflake called “Data Cloud for Dummies.” I certainly am not intending to cast aspersions on the intellectual prowess of subscribers and general readers, but for those looking for a very quick synopsis of the company’s capabilities and what customers do with Snowflake implementations, this is a go to reference manual:The Data Cloud for Dummies | Snowflake. Most everything an investor might need to know about the Snowflake product offering and differentiation is contained in these few pages. Indeed, investors will not have to read all of this handbook to figure out who is using Snowflake, the benefits they are achieving from deploying the product and the value and capabilities a user can get from using the Snowflake data cloud. Most of that material can be seen on pgs. 18-20 while some selected use cases are described on pgs. 29-41. Most of the rest of the handbook describes how to use the Snowflake data cloud which is not really going to help readers figure out why Snowflake’s revenues and its bookings are rising at triple digit rates.</p>\n<p>The Data Cloud allows users to do many of the things with data that consultants and most IT staff members have wanted to accomplish for the last decade or more. One of the most important attributes of the Data Cloud is its ability to unite siloed data so that organizations can discover what they have and securely share the now governed data. If this sounds something like the data integration capabilities offered by Palantir and others, it is because it is-although the technology is quite a bit different, and with Snowflake everything is cloud native-there is no equivalent to Apollo.</p>\n<p>While security has to be a component of what everyone does with data these days-the Snowflake solutions are more about access and sharing with security as part of the solution while Palantir starts with data security. It is more a matter of emphasis than functionality. I have linked here to an interesting thread that compares the two solutions-note carefully that the initiator of this thread is an original investor in Palantir and needless to say has a viewpoint relative to the merits of the two companies that would be disputed by many:Palantir Tech Platforms vs Snowflake</p>\n<p>Snowflake has plenty of competitors and that has been the case for many years. Many of its wins are competitive displacements and it usually has to battle one or more of the big 3 cloud vendors to secure a deal. The mega-cap cloud companies all offer capabilities that users generally evaluate before choosing Snowflake. Specifically, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Big Query, Amazon (AMZN) Red Shift and Microsoft (MSFT) Azure SQL Server are competitors. Here is a link by a 3rdparty comparing Google and Snowflake. Essentially, Snowflake is considered the winner:Snowflake vs. BigQuery</p>\n<p>Here is a link comparing Snowflake with Amazon Redshift. I think it is fair to synthesize the comparison with a view that for users with an all-cloud environment, and who have not become overly dependent on Amazon, Snowflake offers a better alternative, although the competition is less unequal than would be the case in looking at Google vs. Snowflake:Redshift vs Snowflake: 6 Key Differences.</p>\n<p>Finally, there is the comparison of Snowflake vs. Microsoft Azure. Here the review linked didn’t reach a conclusion. What I think comes through, however, is that the perception is that Snowflake provides higher performance with some critical database features. In any event, in terms of user reviews: Snowflake was a winner:Redshift vs Snowflake: 6 Key Differences.</p>\n<p>Cloud data warehousing is a high growth area-it is essentially the future of most data storage: although hybrid solutions will remain a popular choice. See this link for the reason for the transformation:Cloud Data Warehouse is The Future of Data storage.</p>\n<p>According to a couple of market research vendors, the cloud storage market is likely to achieve a CAGR in the low 20% range for the next several years. The available market is forecast to reach $137 billion at the end of the period. Given the strong user ratings for SNOW, its competitive advantages vis-à-vis the largest competitors, the perception of the company’s functionality in the market and the track record of the company’s leader in past competitive situations, I don’t think the forecast of a multi-year CAGR of 70% is all that much of a stretch.</p>\n<p>I expect that the Snowflake earnings which will be reported while this article is in the review process to significantly exceed the consensus forecast which is for quarterly revenues of $213 million and an EPS loss of $.16. The current consensus calls for sequential growth of just 10% and that seems to be more or less of a sandbag. I see no reason to expect such a muted growth level-either in the reported quarter or in the near future. But that said, much of the enviable performance that Snowflake has achieved, and is likely to achieve going forward is already priced into the shares.</p>\n<p><b>Wrapping up: Palantir or Snowflake?</b></p>\n<p>Both Snowflake and Palantir have created advanced IT solutions for their clients. Snowflake has been able to leverage its technology more successfully than Palantir to achieve unheard of growth rates. Part of that is clearly a testament to the leadership of Frank Slootman and his competitive ethos. Part of it is a function of history.</p>\n<p>Just judging by the number of articles on SA, and their generally positive tenor, there are some who feel that users can do more with Palantir’s set of solutions than has been done with Snowflake. Palantir has been designed to be used by government agencies and AI is at the core of the offering. That is somewhat different from Snowflake. The key to Palantir’s ability to achieve hyper growth for years into the future will be the success it has in terms of the commercial market and in non-US geos. The results the company recently reported certainly provide a level of comfort in that regard.</p>\n<p>The key to Snowflake’s continued success will be its continued success in sales execution. Given that the effort is now lead by a very resourceful and aggressive CFO, Frank Slootman, I expect big things.</p>\n<p>As mentioned, I think it’s inevitable that both Snowflake and Palantir will become major IT vendors over time. Unfortunately-what I think, is obviously also thought by many major investors in the IT space. Neither Palantir or Snowflake is likely to be the next Tesla with a valuation more or less unrelated to operational fundamentals. I would never have chosen to write this article if I had much expectation of that kind of frenzy arising. These are both software companies and they can and will be valued by long term investors based on revenue growth and free cash flow generation.</p>\n<p>If I had to pick one investment between these two companies, it would be Palantir-simply because of valuation. But as President Lincoln once said in a far different context, “I do not have to choose either, I can simply leave [her]alone.” In this case the recommendation is to leave the shares alone and look for stronger returns. For those interested in such things-here is the link to President Lincoln’s comment:Fourth Debate: Charleston, Illinois – Lincoln Home National Historic Site (U.S. National Park Service). And at the end of the day, that is my conclusion-find investments in the space with greater percentage upside potential.</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>Palantir Vs. Snowflake: Which Is The Better Buy For Long-Term Investors?</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\">\nPalantir Vs. Snowflake: Which Is The Better Buy For Long-Term Investors?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 14:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4432000-palantir-stock-vs-snowflake-better-buy><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nBig data analytics and decisioning is one of the cornerstones of the digital transformation revolution sweeping through much of the IT firmament.\nThe two leading companies in providing the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432000-palantir-stock-vs-snowflake-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","SNOW":"Snowflake"},"source_url":"https://seekingalpha.com/article/4432000-palantir-stock-vs-snowflake-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187518687","content_text":"Summary\n\nBig data analytics and decisioning is one of the cornerstones of the digital transformation revolution sweeping through much of the IT firmament.\nThe two leading companies in providing the building blocks for large data warehouses and for decisioning applications based on big data analytics are Palantir and Snowflake.\nBoth of these companies have already compiled enviable growth records; indeed, the growth Snowflake is enjoying is as rapid as any ramp I have ever seen.\nThe issue for investors is really not the likely success of these companies, or the fact that they are down a great deal from recent post IPO valuations. The issue is their current valuation and future growth.\nMy conclusion, based solely on valuation, is that Palantir will provide a somewhat greater return than Snowflake over the coming years. But in neither case is it likely that long term returns can rise beyond the teens.\n\nPhoto by DKosig/E+ via Getty Images\nA sharp sector rotation affords long-term investors with opportunities not often encountered!\nIt will probably come as no surprise to most readers that the last 3 months have been marked by a very strong sector rotation away from high-growth, high value names to cyclical/reopening names. Even some of the strongest companies have seen their valuations eviscerated over that period. The culprit for the rotation is investor concern with both prior valuations and investor concern about spikes in inflation leading to interest rate increases. The valuation compression is even sharper than it may appear on the surface. Not only are share prices down, but revenue estimates and operational performance are showing very strong positive trends. In most cases, EV/S ratios have fallen by 25% or more and in a few cases the fall has been 50% and even greater. Much like a lake which is plagued by drought, this valuation compression has made visible several islands of opportunity.\nThis is not an article about sector rotation per se, or about the valuation of tech names per se. Have the last several days of trading been a harbinger that sector rotation is ending, or was it simply a long awaited response to several days of extreme valuation compression in the tech space? At some point, the combination of falling share prices and rising growth rates for revenues and free cash flow will obviously lead to a reversal-but lacking 2ndsight, I have to leave that vexed question to others.\nOne of my favorite components of Lincoln’s 2ndinaugural address is the ringing phrase, “fondly do we hope, fervently do we pray.” Now the President was talking about the passing of the scourge of war, and I am writing about the end of a sector rotation. But it has been a difficult period that has scourged the portfolios of many investors and I do hope it will pass away soon.\nOne of the several artifacts of what some might call “The Great Sector Rotation” has been the emergence of several growth names that had been un-investible due to valuation for months or since they became public. This article is focused on two such names, Palantir(NYSE:PLTR)and Snowflake(NYSE:SNOW). These are names that are prominent in the IT space. are amongst the leaders in the Big Data/Analytics space and which have generated remarkable interest amongst many investors and readers of SA. Both of them are quite exceptional companies-but I don’t think either is a particularly remarkable investment. That said, at current valuations (I am using share prices as of 5/24 to calculate my valuation relationships), both of these names can potentially provide investors modest-but double digit long term returns. That is usually less than many tech investors find acceptable-but the visibility and relative stability of both of these companies is an unquantifiable intangible that some may find particularly attractive. Again, entirely based on valuation, and no other factor, Palantir is a more attractive investment-although the calculated return difference compared to Snowflake isn’t huge. Obviously, it is the CAGR differential between businesses that make it so difficult for an observer to make an unqualified choice.\nI want to make clear than when asked for a choice between these two names, my first response would be neither. There are simply better choices in the IT world as potential investments. Investors have a wide choice of names in the space in the wake of the valuation compression and there are different attributes associated with these names.\nFor those investors looking for my choices in the high growth/high valuation segment, I would recommend CrowdStrike (CRWD), Datadog (DDOG). Zscaler (ZI) and ZoomInfo (ZI). Could Snowflake make this list-possibly because it certainly has the highest CAGR of any of the names that I follow. But even using what is essentially a 4 year CAGR of 70% to reach a terminal sales level of more than $6 billion, and a terminal growth rate in the mid-thirty percent range still does not produce super returns for Snowflake because it is hard to do so when the starting point is a valuation of 53X EV/S (as of the close on Monday, May 24th). And forecasting that a company with a $6 billion run rate to continue growth in the mid-30% range is certainly a bit of a reach-although the market that SNOW addresses is enormous and growing.\nFor investors looking for a combination of growth coupled with less than average valuation in terms of their EV/S ratio, choices include names such as Upstart (UPST). Affirm (AFRM), Asana (ASAN), Elastic (ESTC), Wix (WIX) and Jamf (JAMF). Some investors are looking for names with very high free cash flow margins. Here choices include Atlassian (TEAM), Dynatrace (DT), Veeva (VEEV), Microsoft (MSFT) and Adobe (ADBE). Many investors would choose to use some kind of combination of free cash flow margin + growth rate in compiling a buy list. Here, the regnant champion is ZoomInfo (ZI) but perhaps Palantir makes the list-depending on whether the free cash flow metric achieved last quarter was an outlier or represented the start of a trend. Trade Desk (TTD), in the wake of its recent share price compression of 40% since mid-February would also be on this list.\nSome investors look for bargains amongst fairly IPO’s. There are some bargains now to be seen in that sector such as Affirm and also nCino (NCNO) and perhaps Jamf. These are companies whose price action after the IPO took their valuations to unsustainable levels and which have now compressed to what appear to be bargains. I try to approach the recent IPOs with the same methodology as the rest of the names I follow. Inevitably, given the small number of shares in most IPOs, stock prices can subsequently reach dizzying levels as institutions, in particular, look to establish full positions that they were unable to create with an IPO allocation. But once that demand ceases, these names fall, and can do so to very compressed valuations.\nFinally, there are some investors who look for proverbial bargains by screening for percentage declines over some fixed period. That is not a methodology I favor. Many companies can be mis-priced in terms of valuation and so the fact that a name is down a particular percentage is of less importance to me, than how the companies score on EV/S valuation and free cash flow margins. I have seen many articles that focus on either Snowflake or Palantir because of their steep declines during and even before the sector rotation. While it is not uncommon for commentators to use a percentage decline as a screening point, my approach doesn’t value that technique. Specifically, there was no conceivable logical methodology that could have supported the peak valuations of either Snowflake or Palantir, so the fact that they have fallen substantially is not proof-at least to this writer-that they are now reasonably valued.\nI try not to be obsessively tied to formulas in creating a buy list for my own portfolio or for my recommendations. I am, admittedly, biased toward growth, but when I see a combination of growth and free cash flow margin, I can fall in love-at least figuratively. (Sort of like Daumier’s famous lithograph, “Fusion des Compagnies. Effusion des actionnaires. (Les Beaux Jours de la Vie), from Le Charivari, Honoré Daumier ^ Minneapolis Institute of Art. I use some combination of all approaches in compiling my own list of names that I think are buy rated. I don’t include any megacap names, more because I think their investment merits are well recognized and there isn’t too much in the way of value add that I might provide.\nTo repeat: both Palantir and Snowflake are and will remain remarkable businesses that are revolutionizing the way software is used in both government and commercial applications. Bringing storage to the cloud the way it is done by Snowflake is hastening digital transformation and making it easier to migrate workloads to the cloud-a significant priority for many-probably most enterprise users of IT. The combination of data integration, AI and search which enable users to find patterns and develop useful insights is achieving some of the more “Buck Rogerish” dreams of software engineers and ultimately all classes of users.\nBut having said that, it is still necessary to look at growth and cash flow to arrive at a valuation and while the valuation compression has led to opportunities, the opportunities are not of the once in a generation scale. Investors who want to own the best companies frequently are going to be asked to sacrifice some percentage upside to buy the best of the breed, and that is what I see here, regardless of my admiration of the offerings of both companies.\nOne thing to note: I would be greatly surprised if either Palantir or Snowflake will precisely look the way they do at this writing. They are going to wind up making acquisitions-I doubt that valuations and chemistry would allow either company to be acquired. Speculating about acquisitions is a fun parlor trick, but not something that can really be forecast with any degree of specificity. But one reason as to why I have suggested that these companies will continue to grow at elevated rates relates to my belief that there will be some element of inorganic revenue in the results of both companies 4 years from now.\nThe background of Snowflake and Palantir\nBoth of these businesses have been and remain high growth companies with strong technology moats and a host of the most prominent IT users in the world. Palantir reported recent results that swung strongly to free cash generation; SNOW is perhaps the fastest growing name I have seen at scale. And the shares of both companies have seen rather substantial compression. Since the rotation began in early/mid-February, shares of Snowflake have fallen as much as 39% before bouncing 11.5% on Friday, May 14th partially due to a new recommendation from the analyst at Goldman Sachs.Shares of Palantir had fallen as much as 53% before its bounce 9.3% on Friday May 14th.\nBoth of these companies seem destined to be major factors in the software over the course of the coming years. Over time, as they mature, I expect that both of these company’s will evolve highly profitable business models. Based strictly on the way I value companies, I find the shares of Palantir to be more attractive to investors than the shares of Snowflake-even though self-evidently, Snowflake is growing faster than Palantir. I believe that long-term investors will achieve a somewhat greater return investing in Palantir than in Snowflake-but the difference isn’t huge and speculating about an end-result 4 years from now is inevitably a fraught undertaking.\nI have been frequently asked by subscribers to my Ticker Target service. by investment advisory clients and by readers of SA articles to provide some opinion on both of these companies with a plurality inquiring about Palantir. For months, until now, I haven’t chosen to make much of a response given the valuations have been of a magnitude that made any kind of positive recommendation more faith based than logical.\nTrying to find a formula for relative valuations\nLet’s face it-trying to decide between the investment merits of two companies with a great base of IP, addressing hot spaces within the enterprise software space is a bit like handicapping the results of sporting events before the start of a season. There is loads of pure guesswork and less substance than most would like. Many analysts demur doing something like this-or if they are like me, they suggest to clients that there is no reason just to own a single name of this kind in a portfolio. I am going to attempt to present some qualitative as well as quantitative analysis-but in the nature of things it will be subjective.\nOne consideration is always management. Does either Palantir or Snowflake have better management?Frank Slootman of Snowflak eprobably has better bona fides than the Alex Karp, the CEO of Palantir- he has, after all , sold one company he founded, Data Domain to EMC for an incredible valuation and he guided Service Now to huge success, and in the process more or less ran over BMC Software which was one of the stalwarts of the enterprise software space for many years.\nThe CEO of Palantir is Alex Karp and he co founded the company 17 years ago. He has a host of beliefs that many might consider outside of the mainstream, especially for a company that makes a living selling to the US government and particularly the US military. He has been described as eccentric and I imagine that any self-professed socialist who has built a net worth of almost $2 billion is likely to have an unusual set of values. The fact that he keeps Tai Chi swords in his office-which at times can be in a barn in New Hampshire-while not entirely abnormal amongst tech entrepreneurs, is more than a bit different than the background of Mr. Slootman.\nBut company’s such as Palantir are run by teams and there are some extraordinary players on Palantir’s team.Peter Thiel,well known as a co-founder of PayPal (PYPL) and one of the first outside investors in Facebook, also co-founded Palantir and remains on the board. So too,is famed tech investor, Joe Lonsdale who recently said that:\n\n “As a director of a public co there are regulations about what you can say – you’re discouraged from speaking up & nobody does in our risk-averse society. But #’s came out yesterday and were misunderstood… we are going to crush the shorts / I am extremely bullish.\"\n\nI am not quite sure why Mr. Lonsdale felt that the quarterly results were misinterpreted. Palantir was caught up in a tech rout on the day after its earnings were released. It was just reflecting the sector rotation that has marked much trading in these names .\nFinally,there is Stephen Cohen,another co-founder of Palantir and currently an Executive VP of the company. Famously, at the ripe age of 23, he has been credited with writing the initial prototype of the Palantir platform in all of 8 weeks.\nAs must people who know me would agree, I am a somewhat desiccated older curmudgeon, whose acceptance of eccentricities is perhaps less than it should be. But overall, I believe that in evaluating these two companies, there is not all that much to choose. It is a bit easier to conclude that Snowflake has a management structure that will lead to better investor returns simply because of the track record of the CEO. But Peter Thiel and Joe Lonsdale have made themselves billions and those along for their various rides have done quite well. I can wish that there was less mystery surrounding some parts of the Palantir business, but at the end of the day, I don’t think an investment decision between these two names can be made based on differences in management capabilities.\nLike most other analysts, I try to look at relative valuations in making a recommendation. The fact is that Snowflake still has the highest 12 month forward EV/S ratio of any name I follow, and that valuation is based on a revenue estimate of $1.2 billion. That is a forecast for growth of just over 100% for the next 12 months-and about 10% above the current published consensus for the same period. Despite the forecast for triple digit growth, I wouldn’t find it terribly surprising for Snowflake to continue to exceed estimates-the momentum in its space is just that strong.\nEssentially the problem I have with recommending Snowflake shares is just how much the company will have to grow in order to justify the current valuation-even after the huge haircut of recent months. I have used a 3 year forward CAGR estimate of 70%-I think that is reasonable, if growth this year is over 100% as seems likely.\nSnowflake in its latest reported quarter started to generate free cash flow. To do so, however, it needed to have an enormous growth in its deferred revenue balance-a result that is partially seasonal as its clients renew their agreements. I expect SNOW to generate a modest level of free cash flow in its current year, but that is not going to be a sufficient reason to recommend the shares. In order to generate 70% revenue growth over several years, I anticipate that the company’s ability to generate a substantial free cash flow margin will be challenging. The company will simply have to continue to make outsize investments in sales and marketing and research and development. I imagine that some of that will continue to be part of the company culture even looking out several years; I would not anticipate anything more than average cash flow margins by that time-and those margins could easily be less than average.\nIn any event, using a multi-year CAGR of 70%-and then starting the compounding from the base of $1.2 billion of revenues that I anticipate for the current year produces a terminal revenue estimate of about $5.9 billion. I assume that this company will still be enjoying hyper growth at the end of the period-just not at the current elevated levels. I think using a terminal growth rate of 35% is reasonable and even after valuation compression, the average EV/S for that growth rate is 16X. So, that might suggest that the enterprise value for Snowflake 4 years from now ought to be about $94 billion-the enterprise value as of the close on Friday was $56 billion, or thereabouts. That works out to a 14% annualized return. That is certainly far better than such a calculation might recently have been, and far greater than any assumed inflation rate I have seen…but I wonder if it is enough for most investors who are usually looking for something more to be properly compensated for risk in investing in a name such as this.\nA comparable calculation for Palantir starts with estimated revenues of $1.8 billion for the next 12 months. This estimate was revised based on the results that the company reported on 5/11/21. That is considerably greater than the currently published consensus-for 2021 of $1.47 billion-but my estimate goes out an additional quarter and is not burdened by the adherence to the company’s rather mechanical guidance of “greater than 30% for the foreseeable future” which has been the mantra of the company CEO, and which is used by many analysts as a substitute for preparing their own set of expectations.\nLast year, the company reported a 47% growth in revenues and had forecast a 45% growth in revenues for Q1. Q1 revenue growth came to 49%; the company is forecasting 43% revenue growth year on year in the current quarter but given the rather muted sequential growth implied in that forecast (5.6%), I believe it will be exceeded by some noticeable amount. The company reported a free cash flow margin of 34%, a very dramatic change from the negative free cash flow margin reported in 2020.\nWhile the company saw a decline in its deferred revenue balance in Q1, the more inclusive metric of remaining performance obligation rose by 4.7% sequentially, which is a strong performance given the typical seasonal decline usually seen in that metric in Q1.Overall, calculated billings were up 248% year on year and the year on year increase in the RPO balance came to 129%. These are, in my opinion, strong indicators for future growth.\nSince the time that Palantir became a public company, it has been criticized for the slow growth of its commercial business compared to its government business. But in the last quarter, the company’s US commercial business finally showed some decent growth of 72%. I will cover this subject more fully later on in this article.\nIn any event, I have chosen to use a 3 year forward CAGR of 42% in evaluating Palantir, based more on its historical growth than some special knowledge about how fast it might grow. Because of the multiplicity of products and solutions that are enabled by Palantir’s platforms, it can be a bit more difficult to estimate a longer term growth rate than would be the case when dealing with a company whose revenues are coming from a more targeted focus. In any event, using a 42% CAGR, and my current estimate for 12 month forward revenues yields a run -rate estimate 4years out of greater than $5.2 billion. My guess, and I make no representation that it is more than that, is that the company will be still growing in the low 30% range at that point, with a free cash flow margin of greater than 20%.Just to be clear, the cash flow results seen last quarter, while perhaps not enough to suggest a trend, are certainly suggestive of a business model that is potentially very profitable. Taking the estimated cash flow generation into account, the CAGR that I am estimating for Palantir is currently worth an EV/S of about 16X-17X looking at the average EV/S metric for a low 40% growth estimate. In turn, this leads to an enterprise value forecast of about $86 billion compared to last Friday’s enterprise value of $$44.5 billion. This suggests a 4 year return of about 18% compounded, somewhat better than the rate of return I calculate for Snowflake. Snowflake’s elevated valuation simply makes it very difficult to realistically project exceptional long-term returns-even though in many ways Snowflake is an exceptional company operating in an exceptional market.\nWhere the analysis could be off and what are the risks?\nThis article is basically about which of the two names I would rather hold or invest in for the long-term. It isn’t a terribly obvious choice-although the numbers, as I see them, suggest that Palantir will relatively outperform Snowflake-mainly because even after a substantial valuation compression, Snowflake shares are still the most expensive name in the IT space in terms of EV/S by a fairly substantial margin. Just to make that point abundantly clear, Snowflake shares, as of the close on Friday, May 21thhad an EV/S ratio based on forward revenues of 53.5X; the next two highest ratios in my coverage universe were those of Bill.com (BILL) at 36.5X and Cloudflare (NET) at 35.9X. Meanwhile, Palantir shares currently sell for an EV/S of 25.5X.\nThere are certainly flaws in the investment merits of both companies. I have presented a quantitative model that attempts to deal with the difference in growth rates for the two companies at the present time. But I would be the last analyst on the planet to suggest that I have some crystal ball. I really have no specific way of addressing the potential growth of Snowflake over the next 4 years. I feel reasonably comfortable in suggesting that my use of $1.2 billion for SNOW revenue over the coming 4 quarters is supported both by qualitative comments made by company management and by using sequential quarterly growth estimates that are consistent with recent history. Further, the company’s RPO balance grew to $1.3 billion, up 213% for the year and its DBE ratio was 168%. The RPO balance actually rose by 44% sequentially the latest reported quarter, after rising by 35% sequentially the prior quarter, and the sequential growth in revenues was 19% for the quarter compared to 20% the prior quarter. Given all of those statistics, I felt that forecasting $1.2 billion for the next 4 quarters, compared to the company’s forecast of about $1075 million for the current (2021) year made sense.\nBut when it comes to supporting a CAGR of 70% for the 3 years after this one, I would acknowledge that it is somewhat of a guess-and a CAGR of that rate would be breaking new ground in terms of growth at scale. I will be reviewing some of the reasons for the company’s exceptional growth opportunities below-but those specifics are simply not going to allow me, or anyone else, to determine if the most reasonable CAGR is 50% or 70% or some other number. I have yet to see a 3 year CAGR of 70% for a company of this scale. But given that I anticipate that the first year in the forecast period will be nearly 100%, then 70% growth is quite likely and allows for slowing growth as the company’s scale approaches and exceeds a $6 billion revenue run rate.\nNot terribly surprisingly,many analysts rate SNOW shares as a hold although some percentage do rate it as a buy. The issue is almost entirely one of valuation-with a current EV/S of 54X based on the share price of May 28th, at least a plurality of analysts are forecasting some level of multiple compression; it makes price target setting a fraught undertaking.\nThere is, perhaps a bit more murkiness, when it comes to evaluating Palantir’s multi-year CAGR and that is a function of the long standing comment of by the CEO, “Per long-term guidance policy, as provided by our Chief Executive Officer, Alex Karp, we continue to expect:\n\nAnnual revenue growth of 30% or greater for 2021 through 2025.”\n\nThis comment appears regularly as part of the guidance section in the quarterly earnings release-just my opinion-but I think the company ought to drop the statement or revise it to take some account of what appears to be happening in the market.\nIn turn, this has led to consensus forecast that have 2022 revenues rising by just 30%. It should be reasonably obvious that no one owning the shares can believe such a forecast and analysts who recommend the shares can’t really do so with a straight face using a 30% revenue growth estimate.\nThat said, Palantir shares certainly don’t have a particularly strong consensus rating compared to many other enterprise software names. First Call suggests that on average the rating is between a hold and an underperform. At the moment, however, only 7 ratings and 8 estimates are being reported to First Call. Most estimates were raised in the wake of the latest earnings report.\nAs subscribers are aware, when I try to triangulate some kind of buy/sell hold rating for shares by using some combination of expected future growth rates coupled with free cash flow margins. But in order to even guess responsibly at what a growth rate for a company in the space might be, I try to use some expectation of how the solutions offered are going to create positive ROI for users.\nI will cover below my expectations in that regard but I really see no reason to believe that any long term growth estimate of less than 40% for Palantir is well founded. The company has a rather wide variety of solutions and users seem to be achieving more than acceptable ROI’s when implementing what they have bought. The key to maintaining growth at greater than 40% is self-evidently the market opportunities that are outside of the company’s efforts in its Federal vertical.\nAs mentioned, there were some signs of progress last quarter with growth in the US Commercial space reaching 72%. I imagine, however, that many observers and stakeholders might be concerned that the growth in US government revenues which reached 83% last quarter is unlikely to be duplicated in coming periods. Overall, the growth in commercial deal value, after adjustments for duration, was 76%. Overall, the company got $208 million or 61% of its revenues from government entities while the other 39% of its revenues came from commercial customers.\nBefore leaving the subject of risk, and perhaps being guilty of restating the obvious, the shares of both companies will perform poorly in a period of rotation favoring value names, and will perform rather well if the rotation favors growth names. Because of their valuation, the shares of these companies will be strongly correlated with the performance of an index of Cloud stocks, so called, such as CLOU until either or both start to generate substantial and sustained free cash flow margins that will start to change the valuation paradigm substantially.\nWhat does Palantir offer its users and how is that resonating in the market?\nWhat I would like to do-but which is not totally feasible-is to run through Palantir’s products and solutions to try to build a reasonable model that supports 40%+ growth. But this company has a multiplicity of platforms in discrete areas, and many more solutions so about all I am going to be able to do is touch the highlights and competition of the areas in which the company competes.\nPalantir offers 3 major product categories. These include Gotham, Foundry and Apollo.I imagine that Foundry is the best known product set offered by Palantir. Foundry is a data integration platform. There are many companies in this space including Boomi, Informatica, MuleSoft/Salesforce (CRM), Oracle (ORCL), Talend (TLND), Tableau/Salesforce and Alteryx (AYX). The data integration market has a relatively pedestrian growth forecast of a bit less than 8% although its size, estimated to be over $11 billion by 2026, is a worthwhile target. How does Palantir stack up? Here is a review of Palantir when compared to the leading data integration platform, Informatica Power Center:Compare Informatica PowerCenter vs Palantir Foundry. From a product perspective, there is nothing striking that would allow Palantir to gain a huge amount of market share in the commercial space.\nGotham is the heart of the Palantir franchise and the company continues to enhance the platform. While the linked description of the latest launch probably reads a bit like science fiction:Palantir Gotham | 21 Launch, the fact is that in terms of forecasting growth, this is probably where an analyst needs to start. Gotham is essentially big data analytics-with a full panoply of bells and whistles. The Gotham platform is designed to integrate structured data that is contained in rows and columns, as well as unstructured data such as emails, images and videos. It is basically a sophisticated query tool, and may be thought to be competitive with Elastic’s search technology. Here is a competitive analysis of the two solutions:Palantir Gotham.\nThe data that is collected using Gotham is integrated and then is mapped into what are meaningfully defined objects-enhanced by the relationships that connect them. From that point, the data is tagged, secured and tracked.\nGotham is the heart of Palantir’s government practice in that it is often used by agencies looking to “find bad actors hiding in complex networks.” It is the elaboration of that technology that I believe is driving the extremely strong growth of Palantir’s government business, and with the recent breaches at Colonial Pipelineand through SolarWinds (SWI) hack, coupled with aggressive remediation/security efforts, I believe that the very strong growth rates seen by Palantir in its Federal business are likely to continue and remain at hyper-growth levels for some years to come.\nThere are many interesting use cases for Gotham that highlight its versatility. The following link shows a variety of use cases as one scrolls through the article:Palantir: Transforming the way organizations use data - CTOvision.com. While the CAGR for big data analytics as projected in the linked study is only around 11%, the size of the space, relative to the size of Palantir is so substantial as to suggest that forecasting hyper growth is quite reasonable:Big Data and Business Analytics Market Size, Share | 2027. There are going to be many winners and leaders in the big data analytic market. Many enterprises are going to roll their own, using some 3rdparty tools such as those on offer from Elastic, for example. Some users will take advantage of the current offering from low code/no code vendors to facilitate building their own applications from the ground up. But the available market for Gotham is still an opportunity many times the current size of Palantir and looking at all of the problems it can solve perhaps gives readers some sense of why I find it reasonable to believe that Palantir will reach $5 billion in revenues over the coming 4 years.\nApollo is the 3rdmajor platform offered by Palantir although it is more of an enabling technology that is most often used in conjunction with both Gotham and Foundry. It is said to enable the use of SaaS applications where no SaaS applications have gone before.\nHere is a link to a 3rdparty review of the technology:Palantir Apollo. It is because of Apollo, and its ability to deliver software securely into just about any conceivable location from a battlefield to a submarine, that has enabled the company to win some major deals with the US Government customers and particularly the military and security agencies. Here is a link to a specialist 3rdparty consultant that follows technology trends and market share gains and losses amongst vendors to the US government:Competitor highlights: Palantir.\nAt the moment, the market addressed by Apollo is not well defined, and there are no publicly available statistics on the size or growth of the space. What I can suggest, is that Apollo is a key differentiator for the company and that the technology is a key factor in the success that the company has had and will likely continue to have in selling to the government and to some commercial enterprises as well.\nOverall, Palantir’s products are aimed at high-end enterprise users. Typical sales are going to be in the millions of dollars, even when looking at the commercial market. Here is a current analysis of prices that Palantir is charging:Palantir Gotham Pricing.\nMany readers will be familiar with the Palantir story; others will not. This is not intended to be a detailed evaluation of the various solution sets that are offered by the company, but might serve to illuminate the likely growth drivers the company has put in place that should resonate strongly with users over the next several years. Palantir advertises solution capabilities in 20 specific areas. I have linked to the solution directory the company presents:Solutions. It would be difficult to categorize the solutions in any meaningful sense.\nLike many software companies at this point, Palantir offers AI capabilities as part of its stack. Whether the form of AI offered by Palantir is better than many other implementations of AI that are nowadays used for many different purposes is not readily determinable.\nThese days there are a number of AI focused vendors whose shares have attracted interest. Perhaps the most prominent of these is C3.ai (AI). I think that Palantir’s differentiation is the use cases in which its form of AI is embodied in a specific solution that can create rapid time to benefit for many users. Indeed, I think the fact that Palantir already has a multiplicity of use cases that are based on AI technology coupled with deep learning is one of the reasons that I feel comfortable in forecasting 40%+ growth over some years.\nOverall, I think that the scope of the technology and the success that the company has had in translating that technology into usable solutions for both government and commercial users is likely to enable Palantir to maintain growth of above 40% for sometime into the future.\nWhy has Snowflake become the fastest growing software companies at scale?\nAgain, I assume that many readers will be familiar with the Snowflake story and others will not. The key to making a successful investment in Snowflake is not the fact that it is the fastest growing company in the enterprise software space, but in determining just how long that happy state can last, and the ramp that the company will achieve in terms of developing a consistent free cash flow margin. And while I do not purport to be a fortune teller, or even aspire to such a capability, I think looking at the solutions offered by Snowflake can help investors determine just what a long term CAGR might be.\nHere I have linked to a publication from Snowflake called “Data Cloud for Dummies.” I certainly am not intending to cast aspersions on the intellectual prowess of subscribers and general readers, but for those looking for a very quick synopsis of the company’s capabilities and what customers do with Snowflake implementations, this is a go to reference manual:The Data Cloud for Dummies | Snowflake. Most everything an investor might need to know about the Snowflake product offering and differentiation is contained in these few pages. Indeed, investors will not have to read all of this handbook to figure out who is using Snowflake, the benefits they are achieving from deploying the product and the value and capabilities a user can get from using the Snowflake data cloud. Most of that material can be seen on pgs. 18-20 while some selected use cases are described on pgs. 29-41. Most of the rest of the handbook describes how to use the Snowflake data cloud which is not really going to help readers figure out why Snowflake’s revenues and its bookings are rising at triple digit rates.\nThe Data Cloud allows users to do many of the things with data that consultants and most IT staff members have wanted to accomplish for the last decade or more. One of the most important attributes of the Data Cloud is its ability to unite siloed data so that organizations can discover what they have and securely share the now governed data. If this sounds something like the data integration capabilities offered by Palantir and others, it is because it is-although the technology is quite a bit different, and with Snowflake everything is cloud native-there is no equivalent to Apollo.\nWhile security has to be a component of what everyone does with data these days-the Snowflake solutions are more about access and sharing with security as part of the solution while Palantir starts with data security. It is more a matter of emphasis than functionality. I have linked here to an interesting thread that compares the two solutions-note carefully that the initiator of this thread is an original investor in Palantir and needless to say has a viewpoint relative to the merits of the two companies that would be disputed by many:Palantir Tech Platforms vs Snowflake\nSnowflake has plenty of competitors and that has been the case for many years. Many of its wins are competitive displacements and it usually has to battle one or more of the big 3 cloud vendors to secure a deal. The mega-cap cloud companies all offer capabilities that users generally evaluate before choosing Snowflake. Specifically, Google(NASDAQ:GOOG)(NASDAQ:GOOGL)Big Query, Amazon (AMZN) Red Shift and Microsoft (MSFT) Azure SQL Server are competitors. Here is a link by a 3rdparty comparing Google and Snowflake. Essentially, Snowflake is considered the winner:Snowflake vs. BigQuery\nHere is a link comparing Snowflake with Amazon Redshift. I think it is fair to synthesize the comparison with a view that for users with an all-cloud environment, and who have not become overly dependent on Amazon, Snowflake offers a better alternative, although the competition is less unequal than would be the case in looking at Google vs. Snowflake:Redshift vs Snowflake: 6 Key Differences.\nFinally, there is the comparison of Snowflake vs. Microsoft Azure. Here the review linked didn’t reach a conclusion. What I think comes through, however, is that the perception is that Snowflake provides higher performance with some critical database features. In any event, in terms of user reviews: Snowflake was a winner:Redshift vs Snowflake: 6 Key Differences.\nCloud data warehousing is a high growth area-it is essentially the future of most data storage: although hybrid solutions will remain a popular choice. See this link for the reason for the transformation:Cloud Data Warehouse is The Future of Data storage.\nAccording to a couple of market research vendors, the cloud storage market is likely to achieve a CAGR in the low 20% range for the next several years. The available market is forecast to reach $137 billion at the end of the period. Given the strong user ratings for SNOW, its competitive advantages vis-à-vis the largest competitors, the perception of the company’s functionality in the market and the track record of the company’s leader in past competitive situations, I don’t think the forecast of a multi-year CAGR of 70% is all that much of a stretch.\nI expect that the Snowflake earnings which will be reported while this article is in the review process to significantly exceed the consensus forecast which is for quarterly revenues of $213 million and an EPS loss of $.16. The current consensus calls for sequential growth of just 10% and that seems to be more or less of a sandbag. I see no reason to expect such a muted growth level-either in the reported quarter or in the near future. But that said, much of the enviable performance that Snowflake has achieved, and is likely to achieve going forward is already priced into the shares.\nWrapping up: Palantir or Snowflake?\nBoth Snowflake and Palantir have created advanced IT solutions for their clients. Snowflake has been able to leverage its technology more successfully than Palantir to achieve unheard of growth rates. Part of that is clearly a testament to the leadership of Frank Slootman and his competitive ethos. Part of it is a function of history.\nJust judging by the number of articles on SA, and their generally positive tenor, there are some who feel that users can do more with Palantir’s set of solutions than has been done with Snowflake. Palantir has been designed to be used by government agencies and AI is at the core of the offering. That is somewhat different from Snowflake. The key to Palantir’s ability to achieve hyper growth for years into the future will be the success it has in terms of the commercial market and in non-US geos. The results the company recently reported certainly provide a level of comfort in that regard.\nThe key to Snowflake’s continued success will be its continued success in sales execution. Given that the effort is now lead by a very resourceful and aggressive CFO, Frank Slootman, I expect big things.\nAs mentioned, I think it’s inevitable that both Snowflake and Palantir will become major IT vendors over time. Unfortunately-what I think, is obviously also thought by many major investors in the IT space. Neither Palantir or Snowflake is likely to be the next Tesla with a valuation more or less unrelated to operational fundamentals. I would never have chosen to write this article if I had much expectation of that kind of frenzy arising. These are both software companies and they can and will be valued by long term investors based on revenue growth and free cash flow generation.\nIf I had to pick one investment between these two companies, it would be Palantir-simply because of valuation. But as President Lincoln once said in a far different context, “I do not have to choose either, I can simply leave [her]alone.” In this case the recommendation is to leave the shares alone and look for stronger returns. For those interested in such things-here is the link to President Lincoln’s comment:Fourth Debate: Charleston, Illinois – Lincoln Home National Historic Site (U.S. National Park Service). And at the end of the day, that is my conclusion-find investments in the space with greater percentage upside potential.","news_type":1},"isVote":1,"tweetType":1,"viewCount":166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":140555433,"gmtCreate":1625666985022,"gmtModify":1631893563349,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/140555433","repostId":"2149390009","repostType":4,"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194783948,"gmtCreate":1621400853484,"gmtModify":1634189442348,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Risk-off...","listText":"Risk-off...","text":"Risk-off...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/194783948","repostId":"2136999458","repostType":4,"repost":{"id":"2136999458","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621372003,"share":"https://www.laohu8.com/m/news/2136999458?lang=&edition=full","pubTime":"2021-05-19 05:06","market":"us","language":"en","title":"Wall Street closes lower on weak telecom stocks despite strong retail earnings","url":"https://stock-news.laohu8.com/highlight/detail?id=2136999458","media":"Reuters","summary":"May 18 (Reuters) - U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks ","content":"<p>May 18 (Reuters) - U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart and Home Depot.</p><p>AT&amp;T Inc&nbsp;shed 5.8%, among the biggest percentage decliners in the benchmark S&amp;P 500. It extended declines from Monday, when the telecoms firm said it would cut its dividend payout ratio as a result of its $43 billion media asset deal with Discovery Inc   .</p><p>T-Mobile&nbsp;and Verizon Communications    also dropped 3.71% and 1.31%.</p><p>Eight of 11 major S&amp;P sectors ended the session in the red,  with Energy    and Industrials    having largest percentage decline, according to Refinitiv data. Utilities were basically flat.</p><p>The three main indexes opened higher after Walmart, the world's biggest retailer   , raised its full-year earnings forecast and Home Depot    reported quarterly same-store sales above estimates.</p><p>\"Those are both emblematic of strength in the corporate sector and also of the consumer. I mean, you can't have Walmart and Home Depot have blowout earnings without the consumer really stepping up spending stimulus checks, adopting ecommerce, as well as getting back into stores\", said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky. \"And a lot of the bull thesis for the market right now is still built on a really strong reopening of the economy.\"</p><p>Despite its strong results, Home Depot's shares went down 1.02%, under pressure due to the lack of a solid outlook and the housing data.</p><p>Latest data showed U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials.</p><p>Minutes from the Fed's April policy meeting will be parsed on Wednesday for the central bank's view of the economy.</p><p>\"The market is bracing for a transition,\" said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey. \"So there's a little bit of de-risking going on.\"</p><p>Wall Street has been volatile in recent days, with investors worried that an overheating economy could prompt the Federal Reserve to rein in its monetary support following a spike in volatility last week after strong inflation readings.</p><p>The Dow Jones Industrial Average    fell 267.13 points, or 0.78%, to 34,060.66, the S&amp;P 500    lost 35.46 points, or 0.85%, to 4,127.83 and the Nasdaq Composite    dropped 75.41 points, or 0.56%, to 13,303.64.</p><p>Fund managers recently trimmed their overweight positions on technology stocks to a three-year low as inflation worries left growth stocks vulnerable to a pullback, and turned overweight on UK stocks for the first time in seven years, a survey from Bank of America showed.</p><p>Volume on U.S. exchanges was 10.01 billion shares, compared with the 10.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.07-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 43 new 52-week highs and no new lows; the Nasdaq Composite recorded 105 new highs and 50 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Report</i></b></p><p><a href=\"https://laohu8.com/NW/2136994595\" target=\"_blank\">Take-Two stock rises following earnings beat</a></p><p><a href=\"https://laohu8.com/NW/2136994482\" target=\"_blank\">Trip.com rises 6% as first quarter brings surprise profit, revenue turnaround</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower on weak telecom stocks despite strong retail earnings</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes lower on weak telecom stocks despite strong retail earnings\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-19 05:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 18 (Reuters) - U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart and Home Depot.</p><p>AT&amp;T Inc&nbsp;shed 5.8%, among the biggest percentage decliners in the benchmark S&amp;P 500. It extended declines from Monday, when the telecoms firm said it would cut its dividend payout ratio as a result of its $43 billion media asset deal with Discovery Inc   .</p><p>T-Mobile&nbsp;and Verizon Communications    also dropped 3.71% and 1.31%.</p><p>Eight of 11 major S&amp;P sectors ended the session in the red,  with Energy    and Industrials    having largest percentage decline, according to Refinitiv data. Utilities were basically flat.</p><p>The three main indexes opened higher after Walmart, the world's biggest retailer   , raised its full-year earnings forecast and Home Depot    reported quarterly same-store sales above estimates.</p><p>\"Those are both emblematic of strength in the corporate sector and also of the consumer. I mean, you can't have Walmart and Home Depot have blowout earnings without the consumer really stepping up spending stimulus checks, adopting ecommerce, as well as getting back into stores\", said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky. \"And a lot of the bull thesis for the market right now is still built on a really strong reopening of the economy.\"</p><p>Despite its strong results, Home Depot's shares went down 1.02%, under pressure due to the lack of a solid outlook and the housing data.</p><p>Latest data showed U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials.</p><p>Minutes from the Fed's April policy meeting will be parsed on Wednesday for the central bank's view of the economy.</p><p>\"The market is bracing for a transition,\" said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey. \"So there's a little bit of de-risking going on.\"</p><p>Wall Street has been volatile in recent days, with investors worried that an overheating economy could prompt the Federal Reserve to rein in its monetary support following a spike in volatility last week after strong inflation readings.</p><p>The Dow Jones Industrial Average    fell 267.13 points, or 0.78%, to 34,060.66, the S&amp;P 500    lost 35.46 points, or 0.85%, to 4,127.83 and the Nasdaq Composite    dropped 75.41 points, or 0.56%, to 13,303.64.</p><p>Fund managers recently trimmed their overweight positions on technology stocks to a three-year low as inflation worries left growth stocks vulnerable to a pullback, and turned overweight on UK stocks for the first time in seven years, a survey from Bank of America showed.</p><p>Volume on U.S. exchanges was 10.01 billion shares, compared with the 10.48 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.07-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 43 new 52-week highs and no new lows; the Nasdaq Composite recorded 105 new highs and 50 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Report</i></b></p><p><a href=\"https://laohu8.com/NW/2136994595\" target=\"_blank\">Take-Two stock rises following earnings beat</a></p><p><a href=\"https://laohu8.com/NW/2136994482\" target=\"_blank\">Trip.com rises 6% as first quarter brings surprise profit, revenue turnaround</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136999458","content_text":"May 18 (Reuters) - U.S. stocks ended down on Tuesday, slumping on a sharp decline in telecom stocks and weak housing starts data that overshadowed better-than-expected earnings from Walmart and Home Depot.AT&T Inc shed 5.8%, among the biggest percentage decliners in the benchmark S&P 500. It extended declines from Monday, when the telecoms firm said it would cut its dividend payout ratio as a result of its $43 billion media asset deal with Discovery Inc   .T-Mobile and Verizon Communications    also dropped 3.71% and 1.31%.Eight of 11 major S&P sectors ended the session in the red,  with Energy    and Industrials    having largest percentage decline, according to Refinitiv data. Utilities were basically flat.The three main indexes opened higher after Walmart, the world's biggest retailer   , raised its full-year earnings forecast and Home Depot    reported quarterly same-store sales above estimates.\"Those are both emblematic of strength in the corporate sector and also of the consumer. I mean, you can't have Walmart and Home Depot have blowout earnings without the consumer really stepping up spending stimulus checks, adopting ecommerce, as well as getting back into stores\", said Ross Mayfield, investment strategist at Baird in Louisville, Kentucky. \"And a lot of the bull thesis for the market right now is still built on a really strong reopening of the economy.\"Despite its strong results, Home Depot's shares went down 1.02%, under pressure due to the lack of a solid outlook and the housing data.Latest data showed U.S. homebuilding fell more than expected in April, likely pulled down by soaring prices for lumber and other materials.Minutes from the Fed's April policy meeting will be parsed on Wednesday for the central bank's view of the economy.\"The market is bracing for a transition,\" said Quincy Krosby, chief market strategist at Prudential Financial in Newark, New Jersey. \"So there's a little bit of de-risking going on.\"Wall Street has been volatile in recent days, with investors worried that an overheating economy could prompt the Federal Reserve to rein in its monetary support following a spike in volatility last week after strong inflation readings.The Dow Jones Industrial Average    fell 267.13 points, or 0.78%, to 34,060.66, the S&P 500    lost 35.46 points, or 0.85%, to 4,127.83 and the Nasdaq Composite    dropped 75.41 points, or 0.56%, to 13,303.64.Fund managers recently trimmed their overweight positions on technology stocks to a three-year low as inflation worries left growth stocks vulnerable to a pullback, and turned overweight on UK stocks for the first time in seven years, a survey from Bank of America showed.Volume on U.S. exchanges was 10.01 billion shares, compared with the 10.48 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.07-to-1 ratio favored advancers.The S&P 500 posted 43 new 52-week highs and no new lows; the Nasdaq Composite recorded 105 new highs and 50 new lows.Financial ReportTake-Two stock rises following earnings beatTrip.com rises 6% as first quarter brings surprise profit, revenue turnaround","news_type":1},"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193533911,"gmtCreate":1620797559733,"gmtModify":1634196209494,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Dropping further?","listText":"Dropping further?","text":"Dropping further?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/193533911","repostId":"2134350698","repostType":4,"repost":{"id":"2134350698","kind":"news","pubTimestamp":1620765310,"share":"https://www.laohu8.com/m/news/2134350698?lang=&edition=full","pubTime":"2021-05-12 04:35","market":"us","language":"en","title":"Wall Street closes lower as inflation jitters spark broad sell-off","url":"https://stock-news.laohu8.com/highlight/detail?id=2134350698","media":"REUTERS","summary":"NEW YORK (REUTERS) - US stocks closed lower on Tuesday (May 11) as rising commodity prices and labou","content":"<div>\n<p>NEW YORK (REUTERS) - US stocks closed lower on Tuesday (May 11) as rising commodity prices and labour shortages fed fears that despite reassurances from the US Federal Reserve, near-term price spikes ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-lower-as-inflation-jitters-spark-broad-sell-off\">Web Link</a>\n\n</div>\n","source":"straits_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street closes lower as inflation jitters spark broad sell-off</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street closes lower as inflation jitters spark broad sell-off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 04:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/wall-street-closes-lower-as-inflation-jitters-spark-broad-sell-off><strong>REUTERS</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (REUTERS) - US stocks closed lower on Tuesday (May 11) as rising commodity prices and labour shortages fed fears that despite reassurances from the US Federal Reserve, near-term price spikes ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/wall-street-closes-lower-as-inflation-jitters-spark-broad-sell-off\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","OEX":"标普100","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","OEF":"标普100指数ETF-iShares","UPRO":"三倍做多标普500ETF","SDS":"两倍做空标普500ETF","SPXU":"三倍做空标普500ETF"},"source_url":"http://www.straitstimes.com/business/companies-markets/wall-street-closes-lower-as-inflation-jitters-spark-broad-sell-off","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2134350698","content_text":"NEW YORK (REUTERS) - US stocks closed lower on Tuesday (May 11) as rising commodity prices and labour shortages fed fears that despite reassurances from the US Federal Reserve, near-term price spikes could translate into longer-term inflation.While all three indexes pared their losses from session lows, the sell-off was fairly evenly dispersed across the sectors.\"Today feels like a catch-up in that tech has been weak so far this month and it's finally spilled over into other areas of the market and we're seeing broader weakness,\" said Ryan Detrick, senior market strategist at LPL Financial in Charlotte, North Carolina.Economic data released on Tuesday from the Labour Department showed job openings at US companies jumped to a record high in March, further evidence of the labor shortage hinted by Friday's disappointing employment report.The report suggests labour supply is not keeping up with surging demand as employers scramble to find qualified workers.Burrito chain Chipotle Mexican Grill announced it would hike the average hourly wage of its workers to $15, a further sign that the worker shortage in the face of a demand revival could add fuel to the inflation surge.That worker shortage, along with a supply drought in the face of booming demand could contribute to what is seen as inevitable prices spikes, which the US Federal Reserve has repeatedly said are unlikely to translate into long-term inflation.\"The inflation concerns continue,\" Detrick said. \"The supply chain issues coupled with record stimulus coupled with apparently a tighter labor market have all contributed to fears that inflation could trend higher over the summer months.\" \"I don't think (the market) believes the Fed when it says they won't raise rates until after 2023,\" Detrick added. \"That could be where the market and the Fed do not see eye to eye.\"Market participants will scrutinise the Labour Department's CPI report, due early Wednesday, for further signs of potential inflationary pressures.The Dow Jones Industrial Average fell 473.66 points, or 1.36%, to 34,269.16, the S&P 500 lost 36.33 points, or 0.87%, to 4,152.1 and the Nasdaq Composite dropped 12.43 points, or 0.09%, to 13,389.43.Of the 11 major sectors in the S&P 500, only materials ended the session green. Energy suffered the largest percentage loss, closing down 2.6% The CBOE Volatility index, a measure of investor anxiety, closed at 21.85, its highest level since March 11.Boeing Co lost 1.7% after the planemaker announced deliveries of its 737 Max fell to just four planes in April due to an electrical problem.Tesla Inc continued its slide, dropping 1.9% following the electric automaker's decision to expand its Shanghai plant.Mall REIT Simon Property Group Inc fell 3.2% after the company said it does not expect a return to 2019 occupancy levels until next year or 2023.L Brands Inc announced it will split into two publicly traded companies, Bath & Body Works and Victoria's Secret. Its stock dropped 1.8%.Declining issues outnumbered advancing ones on the NYSE by a 2.85-to-1 ratio; on Nasdaq, a 1.62-to-1 ratio favoured decliners.The S&P 500 posted seven new 52-week highs and one new low; the Nasdaq Composite recorded 28 new highs and 224 new lows.Volume on US exchanges was 11.78 billion shares, compared with the 10.33 billion average over the last 20 trading days.Here arecompany's financial statementsUnity Software Q1 revenue up 41%, exceeding expectationsBattery startup QuantumScape posts wider Q1 lossFuboTV Surges On Q1 Revenue Beat, Raises Guidance For Revenue And SubscribersElectronic Arts stock rose 2% following earnings","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":602195959,"gmtCreate":1638978798376,"gmtModify":1638978798524,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Insider buying..","listText":"Insider buying..","text":"Insider buying..","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/602195959","repostId":"1149846873","repostType":2,"repost":{"id":"1149846873","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638975974,"share":"https://www.laohu8.com/m/news/1149846873?lang=&edition=full","pubTime":"2021-12-08 23:06","market":"us","language":"en","title":"DocuSign stock climbed 5% in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1149846873","media":"Tiger Newspress","summary":"DocuSign stock climbed 5% in morning trading after DocuSign Inc. CEO bought nearly $5m in stock foll","content":"<p>DocuSign stock climbed 5% in morning trading&nbsp;after&nbsp;DocuSign Inc. CEO bought nearly $5m in stock following massive sell-off.</p>\n<p><img src=\"https://static.tigerbbs.com/e77953caadaf709eae41dfe416c6a048\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>DocuSign stock climbed 5% in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDocuSign stock climbed 5% in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-08 23:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DocuSign stock climbed 5% in morning trading&nbsp;after&nbsp;DocuSign Inc. CEO bought nearly $5m in stock following massive sell-off.</p>\n<p><img src=\"https://static.tigerbbs.com/e77953caadaf709eae41dfe416c6a048\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DOCU":"Docusign"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149846873","content_text":"DocuSign stock climbed 5% in morning trading after DocuSign Inc. CEO bought nearly $5m in stock following massive sell-off.","news_type":1},"isVote":1,"tweetType":1,"viewCount":544,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":165669725,"gmtCreate":1624128119367,"gmtModify":1631893563360,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Great to hear.","listText":"Great to hear.","text":"Great to hear.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/165669725","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":245,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191720062,"gmtCreate":1620909177556,"gmtModify":1634195385296,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Will take some time to retrace...","listText":"Will take some time to retrace...","text":"Will take some time to retrace...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/191720062","repostId":"1189186815","repostType":4,"repost":{"id":"1189186815","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620907591,"share":"https://www.laohu8.com/m/news/1189186815?lang=&edition=full","pubTime":"2021-05-13 20:06","market":"us","language":"en","title":"Toplines Before US Market Open on Thursday","url":"https://stock-news.laohu8.com/highlight/detail?id=1189186815","media":"Tiger Newspress","summary":"Dow is set to extend sell-off with futures falling again.FAANGs, EV stocks rally.In FX,the Bloomberg Dollar index held steady around Wednesday’s best levels.Bitcoin slumped as much as 15%.  Futures contracts tied to the major U.S. stock indexes were set to add to Wednesday's steep losses, but have started to rebound.At 8:03 a.m. ET, Nasdaq futures jumped by 0.5%, turning higher as investors stepped into buy some tech stocks under fire all week. S&P 500 futures gained 0.03%. Futures on the Dow Jo","content":"<ul><li>Dow is set to extend sell-off with futures falling again.</li><li>FAANGs, EV stocks rally.</li><li><b>In FX,</b>the Bloomberg Dollar index held steady around Wednesday’s best levels.</li><li>Bitcoin slumped as much as 15%</li></ul><p>(May 13)&nbsp;Futures contracts tied to the major U.S. stock indexes were set to add to Wednesday's steep losses, but have started to rebound.</p><p>At 8:03 a.m. ET,&nbsp;Nasdaq futures&nbsp;jumped by 0.5%, turning higher as investors stepped into buy some tech stocks under fire all week. S&amp;P 500 futures gained 0.03%. Futures on the Dow Jones Industrial average were still off by 105 points following its worst day since January.</p><p><img src=\"https://static.tigerbbs.com/f5b0428948e49985f11a20d92b6107bc\" tg-width=\"1242\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p><p>Key tech stocks rebounded in premarket trading. Facebook, Apple, Amazon, Netflix and Alphabet turned higher in premarket trading, making back previous losses. Even Tesla reversed course, trading higher by 1.26%.</p><p><img src=\"https://static.tigerbbs.com/2ceb7565bce3b4eee6fa3b8660ea0592\" tg-width=\"334\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/abd734520e08dbe4d3039e0db8e28a5e\" tg-width=\"330\" tg-height=\"202\" referrerpolicy=\"no-referrer\"></p><p><b>Stocks making the biggest moves in the premarket: Vroom, Shift, Sonos, Poshmark &amp; more</b></p><p><b>1)&nbsp;Vroom(VRM)</b> – Vroom stock jumped 11% in the premarket after it reported a smaller-than-expected loss for its latest quarter. The online used-car retailer's revenue beat estimates as demand surged. Consumers are turning to used cars as the global chip shortage crimps production of new vehicles. Vroom rivalShift(SFT) reported similarly upbeat results, and its shares rallied 8.1%.</p><p><b>2)&nbsp;Sonos(SONO)</b> – Sonos earned 12 cents per share for its latest quarter, compared to forecasts of a 22 cents per share loss. The maker of speakers and other audio products also raised full-year sales guidance, saying it believes it can meet demand despite the global chip shortage. Shares jumped 11.9% in premarket trading.</p><p><b>3)&nbsp;Alibaba(BABA)</b> – The China-based e-commerce giantfell short of analysts' forecastson the bottom line, but reported better-than-expected fiscal fourth-quarter revenue. The company also gave an upbeat revenue forecast for the current fiscal year.</p><p><b>4)&nbsp;Casper Sleep(CSPR)</b> – Casper Sleep shares soared 6.3% in premarket trading after the maker of mattresses and other bedding products reported a smaller-than-expected quarterly loss and saw revenue exceed estimates as well. It also raised its full-year outlook due to what it calls \"favorable business trends.\"</p><p><b>5)&nbsp;Canada Goose(GOOS)</b> – Shares of the outdoor apparel maker surged 5.3% in premarket action after Canada Goose reported an unexpected quarterly profit. The company earned 1 cent per share, compared to forecasts of a 12 cents per share loss (all figures in Canadian currency). Revenue also beat forecasts amid a surge in online sales and strong demand from China.</p><p><b>6)&nbsp;Utz Brands(UTZ)</b> – The snacks maker fell a penny a share shy of estimates, with quarterly earnings of 13 cents per share. Revenue was also short of forecasts, however Utz noted that its sales were impacted by February snowstorms and it issued an upbeat full-year outlook.</p><p><b>7)&nbsp;Boeing(BA) </b>– Boeingreceived Federal Aviation Administration approvalfor its proposed fix to the electrical systems of some 737 Max jets. Boeing has issued service bulletins detailing the fix and said it should only take a day or two for airlines to implement.</p><p><b>8)&nbsp;Bumble(BMBL)</b> – Bumble surprised analysts with a first quarter profit, compared to expectations of a quarterly loss. The dating service operator also reported better-than-expected revenue. Bumble issued upbeat current-quarter revenue guidance, with more people returning to dating as the pandemic recedes. Despite the upbeat numbers, Bumble shares fell 1.2% in premarket trading.</p><p><b>9)&nbsp;BJ’s Wholesale(BJ)</b> – The warehouse retailer was upgraded to “overweight” from “neutral” at J.P. Morgan Securities, which said it is more optimistic about BJ’s upcoming earnings report than most on the Street. The firm also said it sees stimulus checks giving a boost to membership renewal rates. BJ’s shares rose 1.8% in premarket trading.</p><p><b>10)&nbsp;Poshmark(POSH)</b> – Poshmark stock tanked 12.5% in the premarket, despite upbeat first-quarter results. The company reported a loss of 33 cents per share, smaller than the 42 cents a share loss expected by Wall Street analysts. The online retailer of used luxury goods also saw revenue come in above analyst forecasts.</p><p><b>11)&nbsp;Lowe’s(LOW) </b>– Lowe’s was upgraded to “outperform” from “perform” at Oppenheimer, which pointed to the home improvement retailer’s discounted valuation compared to that of rivalHome Depot(HD).</p><p><b>In rates, </b>treasuries were calmer and little changed trading near the low end of Wednesday’s range, with curve slightly flatter, after erasing gains. Treasury 10-year yields around 1.697% are less than 1bp higher on the day; bunds lag by 3bp, gilts by 4bp on Ascension Day holiday in some euro-area countries including Germany and France.&nbsp; Dip-buying emerged during an active Asia session in which cash and futures volumes were almost double recent average. The Treasury auction cycle concludes with $27b 30-year bond sale at 1pm ET; Wednesday’s 10-year stopped through by more than 1bp; the WI 30-year yield is around 2.395% is above auction stops since November 2019 and 7.5bp cheaper than last month’s, which stopped through by 1.6bp. Yield curves in Europe bear steepen. BTPs widen across the curve to bunds, trading around session lows after a soft reception at today’s auctions.</p><p><b>In FX, </b>the Bloomberg Dollar index held steady around Wednesday’s best levels. A gauge of the dollar’s implied volatility climbed to a one- month high after a surprisingly strong U.S. inflation print prompted traders to recalibrate bets for an interest-rate hike. Still, options traders haven’t determined whether that makes for a stronger greenback. The Australian dollar fell to its lowest in over a week as iron ore futures dropped after Chinese Premier Li Keqiang urged the country to deal with the surge in commodity prices and its impact. The yen and Swiss franc led advances as global stocks fell to a six-week low and U.S. equity futures retreated. NOK and AUD are the worst performers in G-10, CHF outperforms. EUR/USD briefly tests 1.21 before paring gains. TRY lags in EMFX. Bitcoin remains ~8% lower after its overnight slump.</p><p>In commodities, front-month crude futures drop over 2%: WTI trades back on a $64-handle, Brent back below $68. Spot gold trades near $1,814/oz, holding a narrow range close to Wednesday’s worst levels. Base metals are in the red with LME nickel slumping close to 3</p><p>Meanwhile,&nbsp;<b>Bitcoin slumped as much as 15% after&nbsp;Elon Musk&nbsp;tweeted that Tesla was no longer accepting the digital currency for vehicle purchases due to environmental concerns.</b>It has since recovered much of its losses.</p><p>After yesterday's CPI shocker, the Labor Department's data is likely to show U.S. producer prices rose 0.3% last month after a gain of 1% in March. A separate report is expected to indicate claims for U.S. unemployment benefits was below 500,000 in the latest week, for the third time in a row.</p><p>Looking at the day ahead, the data highlights will include the April PPI reading from the US, as well as the weekly initial jobless claims. Central bank speakers include BoE Governor Bailey and Deputy Governor Cunliffe, the Fed’s Barkin, Waller and Bullard, the ECB’s Centeno and BoC Governor Macklem. Finally, earnings releases include Disney, Airbnb and Alibaba.</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\">2021-05-13 20:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Dow is set to extend sell-off with futures falling again.</li><li>FAANGs, EV stocks rally.</li><li><b>In FX,</b>the Bloomberg Dollar index held steady around Wednesday’s best levels.</li><li>Bitcoin slumped as much as 15%</li></ul><p>(May 13)&nbsp;Futures contracts tied to the major U.S. stock indexes were set to add to Wednesday's steep losses, but have started to rebound.</p><p>At 8:03 a.m. ET,&nbsp;Nasdaq futures&nbsp;jumped by 0.5%, turning higher as investors stepped into buy some tech stocks under fire all week. S&amp;P 500 futures gained 0.03%. Futures on the Dow Jones Industrial average were still off by 105 points following its worst day since January.</p><p><img src=\"https://static.tigerbbs.com/f5b0428948e49985f11a20d92b6107bc\" tg-width=\"1242\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></p><p>Key tech stocks rebounded in premarket trading. Facebook, Apple, Amazon, Netflix and Alphabet turned higher in premarket trading, making back previous losses. Even Tesla reversed course, trading higher by 1.26%.</p><p><img src=\"https://static.tigerbbs.com/2ceb7565bce3b4eee6fa3b8660ea0592\" tg-width=\"334\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/abd734520e08dbe4d3039e0db8e28a5e\" tg-width=\"330\" tg-height=\"202\" referrerpolicy=\"no-referrer\"></p><p><b>Stocks making the biggest moves in the premarket: Vroom, Shift, Sonos, Poshmark &amp; more</b></p><p><b>1)&nbsp;Vroom(VRM)</b> – Vroom stock jumped 11% in the premarket after it reported a smaller-than-expected loss for its latest quarter. The online used-car retailer's revenue beat estimates as demand surged. Consumers are turning to used cars as the global chip shortage crimps production of new vehicles. Vroom rivalShift(SFT) reported similarly upbeat results, and its shares rallied 8.1%.</p><p><b>2)&nbsp;Sonos(SONO)</b> – Sonos earned 12 cents per share for its latest quarter, compared to forecasts of a 22 cents per share loss. The maker of speakers and other audio products also raised full-year sales guidance, saying it believes it can meet demand despite the global chip shortage. Shares jumped 11.9% in premarket trading.</p><p><b>3)&nbsp;Alibaba(BABA)</b> – The China-based e-commerce giantfell short of analysts' forecastson the bottom line, but reported better-than-expected fiscal fourth-quarter revenue. The company also gave an upbeat revenue forecast for the current fiscal year.</p><p><b>4)&nbsp;Casper Sleep(CSPR)</b> – Casper Sleep shares soared 6.3% in premarket trading after the maker of mattresses and other bedding products reported a smaller-than-expected quarterly loss and saw revenue exceed estimates as well. It also raised its full-year outlook due to what it calls \"favorable business trends.\"</p><p><b>5)&nbsp;Canada Goose(GOOS)</b> – Shares of the outdoor apparel maker surged 5.3% in premarket action after Canada Goose reported an unexpected quarterly profit. The company earned 1 cent per share, compared to forecasts of a 12 cents per share loss (all figures in Canadian currency). Revenue also beat forecasts amid a surge in online sales and strong demand from China.</p><p><b>6)&nbsp;Utz Brands(UTZ)</b> – The snacks maker fell a penny a share shy of estimates, with quarterly earnings of 13 cents per share. Revenue was also short of forecasts, however Utz noted that its sales were impacted by February snowstorms and it issued an upbeat full-year outlook.</p><p><b>7)&nbsp;Boeing(BA) </b>– Boeingreceived Federal Aviation Administration approvalfor its proposed fix to the electrical systems of some 737 Max jets. Boeing has issued service bulletins detailing the fix and said it should only take a day or two for airlines to implement.</p><p><b>8)&nbsp;Bumble(BMBL)</b> – Bumble surprised analysts with a first quarter profit, compared to expectations of a quarterly loss. The dating service operator also reported better-than-expected revenue. Bumble issued upbeat current-quarter revenue guidance, with more people returning to dating as the pandemic recedes. Despite the upbeat numbers, Bumble shares fell 1.2% in premarket trading.</p><p><b>9)&nbsp;BJ’s Wholesale(BJ)</b> – The warehouse retailer was upgraded to “overweight” from “neutral” at J.P. Morgan Securities, which said it is more optimistic about BJ’s upcoming earnings report than most on the Street. The firm also said it sees stimulus checks giving a boost to membership renewal rates. BJ’s shares rose 1.8% in premarket trading.</p><p><b>10)&nbsp;Poshmark(POSH)</b> – Poshmark stock tanked 12.5% in the premarket, despite upbeat first-quarter results. The company reported a loss of 33 cents per share, smaller than the 42 cents a share loss expected by Wall Street analysts. The online retailer of used luxury goods also saw revenue come in above analyst forecasts.</p><p><b>11)&nbsp;Lowe’s(LOW) </b>– Lowe’s was upgraded to “outperform” from “perform” at Oppenheimer, which pointed to the home improvement retailer’s discounted valuation compared to that of rivalHome Depot(HD).</p><p><b>In rates, </b>treasuries were calmer and little changed trading near the low end of Wednesday’s range, with curve slightly flatter, after erasing gains. Treasury 10-year yields around 1.697% are less than 1bp higher on the day; bunds lag by 3bp, gilts by 4bp on Ascension Day holiday in some euro-area countries including Germany and France.&nbsp; Dip-buying emerged during an active Asia session in which cash and futures volumes were almost double recent average. The Treasury auction cycle concludes with $27b 30-year bond sale at 1pm ET; Wednesday’s 10-year stopped through by more than 1bp; the WI 30-year yield is around 2.395% is above auction stops since November 2019 and 7.5bp cheaper than last month’s, which stopped through by 1.6bp. Yield curves in Europe bear steepen. BTPs widen across the curve to bunds, trading around session lows after a soft reception at today’s auctions.</p><p><b>In FX, </b>the Bloomberg Dollar index held steady around Wednesday’s best levels. A gauge of the dollar’s implied volatility climbed to a one- month high after a surprisingly strong U.S. inflation print prompted traders to recalibrate bets for an interest-rate hike. Still, options traders haven’t determined whether that makes for a stronger greenback. The Australian dollar fell to its lowest in over a week as iron ore futures dropped after Chinese Premier Li Keqiang urged the country to deal with the surge in commodity prices and its impact. The yen and Swiss franc led advances as global stocks fell to a six-week low and U.S. equity futures retreated. NOK and AUD are the worst performers in G-10, CHF outperforms. EUR/USD briefly tests 1.21 before paring gains. TRY lags in EMFX. Bitcoin remains ~8% lower after its overnight slump.</p><p>In commodities, front-month crude futures drop over 2%: WTI trades back on a $64-handle, Brent back below $68. Spot gold trades near $1,814/oz, holding a narrow range close to Wednesday’s worst levels. Base metals are in the red with LME nickel slumping close to 3</p><p>Meanwhile,&nbsp;<b>Bitcoin slumped as much as 15% after&nbsp;Elon Musk&nbsp;tweeted that Tesla was no longer accepting the digital currency for vehicle purchases due to environmental concerns.</b>It has since recovered much of its losses.</p><p>After yesterday's CPI shocker, the Labor Department's data is likely to show U.S. producer prices rose 0.3% last month after a gain of 1% in March. A separate report is expected to indicate claims for U.S. unemployment benefits was below 500,000 in the latest week, for the third time in a row.</p><p>Looking at the day ahead, the data highlights will include the April PPI reading from the US, as well as the weekly initial jobless claims. Central bank speakers include BoE Governor Bailey and Deputy Governor Cunliffe, the Fed’s Barkin, Waller and Bullard, the ECB’s Centeno and BoC Governor Macklem. Finally, earnings releases include Disney, Airbnb and Alibaba.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1189186815","content_text":"Dow is set to extend sell-off with futures falling again.FAANGs, EV stocks rally.In FX,the Bloomberg Dollar index held steady around Wednesday’s best levels.Bitcoin slumped as much as 15%(May 13) Futures contracts tied to the major U.S. stock indexes were set to add to Wednesday's steep losses, but have started to rebound.At 8:03 a.m. ET, Nasdaq futures jumped by 0.5%, turning higher as investors stepped into buy some tech stocks under fire all week. S&P 500 futures gained 0.03%. Futures on the Dow Jones Industrial average were still off by 105 points following its worst day since January.Key tech stocks rebounded in premarket trading. Facebook, Apple, Amazon, Netflix and Alphabet turned higher in premarket trading, making back previous losses. Even Tesla reversed course, trading higher by 1.26%.Stocks making the biggest moves in the premarket: Vroom, Shift, Sonos, Poshmark & more1) Vroom(VRM) – Vroom stock jumped 11% in the premarket after it reported a smaller-than-expected loss for its latest quarter. The online used-car retailer's revenue beat estimates as demand surged. Consumers are turning to used cars as the global chip shortage crimps production of new vehicles. Vroom rivalShift(SFT) reported similarly upbeat results, and its shares rallied 8.1%.2) Sonos(SONO) – Sonos earned 12 cents per share for its latest quarter, compared to forecasts of a 22 cents per share loss. The maker of speakers and other audio products also raised full-year sales guidance, saying it believes it can meet demand despite the global chip shortage. Shares jumped 11.9% in premarket trading.3) Alibaba(BABA) – The China-based e-commerce giantfell short of analysts' forecastson the bottom line, but reported better-than-expected fiscal fourth-quarter revenue. The company also gave an upbeat revenue forecast for the current fiscal year.4) Casper Sleep(CSPR) – Casper Sleep shares soared 6.3% in premarket trading after the maker of mattresses and other bedding products reported a smaller-than-expected quarterly loss and saw revenue exceed estimates as well. It also raised its full-year outlook due to what it calls \"favorable business trends.\"5) Canada Goose(GOOS) – Shares of the outdoor apparel maker surged 5.3% in premarket action after Canada Goose reported an unexpected quarterly profit. The company earned 1 cent per share, compared to forecasts of a 12 cents per share loss (all figures in Canadian currency). Revenue also beat forecasts amid a surge in online sales and strong demand from China.6) Utz Brands(UTZ) – The snacks maker fell a penny a share shy of estimates, with quarterly earnings of 13 cents per share. Revenue was also short of forecasts, however Utz noted that its sales were impacted by February snowstorms and it issued an upbeat full-year outlook.7) Boeing(BA) – Boeingreceived Federal Aviation Administration approvalfor its proposed fix to the electrical systems of some 737 Max jets. Boeing has issued service bulletins detailing the fix and said it should only take a day or two for airlines to implement.8) Bumble(BMBL) – Bumble surprised analysts with a first quarter profit, compared to expectations of a quarterly loss. The dating service operator also reported better-than-expected revenue. Bumble issued upbeat current-quarter revenue guidance, with more people returning to dating as the pandemic recedes. Despite the upbeat numbers, Bumble shares fell 1.2% in premarket trading.9) BJ’s Wholesale(BJ) – The warehouse retailer was upgraded to “overweight” from “neutral” at J.P. Morgan Securities, which said it is more optimistic about BJ’s upcoming earnings report than most on the Street. The firm also said it sees stimulus checks giving a boost to membership renewal rates. BJ’s shares rose 1.8% in premarket trading.10) Poshmark(POSH) – Poshmark stock tanked 12.5% in the premarket, despite upbeat first-quarter results. The company reported a loss of 33 cents per share, smaller than the 42 cents a share loss expected by Wall Street analysts. The online retailer of used luxury goods also saw revenue come in above analyst forecasts.11) Lowe’s(LOW) – Lowe’s was upgraded to “outperform” from “perform” at Oppenheimer, which pointed to the home improvement retailer’s discounted valuation compared to that of rivalHome Depot(HD).In rates, treasuries were calmer and little changed trading near the low end of Wednesday’s range, with curve slightly flatter, after erasing gains. Treasury 10-year yields around 1.697% are less than 1bp higher on the day; bunds lag by 3bp, gilts by 4bp on Ascension Day holiday in some euro-area countries including Germany and France.  Dip-buying emerged during an active Asia session in which cash and futures volumes were almost double recent average. The Treasury auction cycle concludes with $27b 30-year bond sale at 1pm ET; Wednesday’s 10-year stopped through by more than 1bp; the WI 30-year yield is around 2.395% is above auction stops since November 2019 and 7.5bp cheaper than last month’s, which stopped through by 1.6bp. Yield curves in Europe bear steepen. BTPs widen across the curve to bunds, trading around session lows after a soft reception at today’s auctions.In FX, the Bloomberg Dollar index held steady around Wednesday’s best levels. A gauge of the dollar’s implied volatility climbed to a one- month high after a surprisingly strong U.S. inflation print prompted traders to recalibrate bets for an interest-rate hike. Still, options traders haven’t determined whether that makes for a stronger greenback. The Australian dollar fell to its lowest in over a week as iron ore futures dropped after Chinese Premier Li Keqiang urged the country to deal with the surge in commodity prices and its impact. The yen and Swiss franc led advances as global stocks fell to a six-week low and U.S. equity futures retreated. NOK and AUD are the worst performers in G-10, CHF outperforms. EUR/USD briefly tests 1.21 before paring gains. TRY lags in EMFX. Bitcoin remains ~8% lower after its overnight slump.In commodities, front-month crude futures drop over 2%: WTI trades back on a $64-handle, Brent back below $68. Spot gold trades near $1,814/oz, holding a narrow range close to Wednesday’s worst levels. Base metals are in the red with LME nickel slumping close to 3Meanwhile, Bitcoin slumped as much as 15% after Elon Musk tweeted that Tesla was no longer accepting the digital currency for vehicle purchases due to environmental concerns.It has since recovered much of its losses.After yesterday's CPI shocker, the Labor Department's data is likely to show U.S. producer prices rose 0.3% last month after a gain of 1% in March. A separate report is expected to indicate claims for U.S. unemployment benefits was below 500,000 in the latest week, for the third time in a row.Looking at the day ahead, the data highlights will include the April PPI reading from the US, as well as the weekly initial jobless claims. Central bank speakers include BoE Governor Bailey and Deputy Governor Cunliffe, the Fed’s Barkin, Waller and Bullard, the ECB’s Centeno and BoC Governor Macklem. Finally, earnings releases include Disney, Airbnb and Alibaba.","news_type":1},"isVote":1,"tweetType":1,"viewCount":98,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150948990,"gmtCreate":1624884535910,"gmtModify":1631893563355,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Looks up.","listText":"Looks up.","text":"Looks up.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150948990","repostId":"1149431635","repostType":4,"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185404588,"gmtCreate":1623664499544,"gmtModify":1631893563374,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Exciting!","listText":"Exciting!","text":"Exciting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/185404588","repostId":"1146430910","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190823858,"gmtCreate":1620611657674,"gmtModify":1634197723830,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Commodities rocketing this year.","listText":"Commodities rocketing this year.","text":"Commodities rocketing this year.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/190823858","repostId":"1196255949","repostType":4,"isVote":1,"tweetType":1,"viewCount":507,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107164371,"gmtCreate":1620453830993,"gmtModify":1634198610172,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"A meme&nbsp;dependent on an outspoken&nbsp;public personality's comments on a comedy sketch show...&nbsp;","listText":"A meme&nbsp;dependent on an outspoken&nbsp;public personality's comments on a comedy sketch show...&nbsp;","text":"A meme dependent on an outspoken public personality's comments on a comedy sketch show...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107164371","repostId":"1160802774","repostType":4,"repost":{"id":"1160802774","kind":"news","pubTimestamp":1620442206,"share":"https://www.laohu8.com/m/news/1160802774?lang=&edition=full","pubTime":"2021-05-08 10:50","market":"other","language":"en","title":"Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’","url":"https://stock-news.laohu8.com/highlight/detail?id=1160802774","media":"Marketwatch","summary":"Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue Un","content":"<p>Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue University with proceeds from the sale of a single bitcoin that she bought on a whim, which had surged to nearly $20,000.</p><p>Now, the product manager for a startup in New York is dabbling in dogecoin&nbsp;,and sees this weekend as a possible make-or-break moment for the parody coin that has seen a stratospheric, nearly 13,000% rise in 2021.</p><p>“This Saturday is going to be a total make-or-break for dogecoin,” Beesetti told MarketWatch in a phone interview.</p><p>“If he can really get the messaging right, dogecoin can really take off…or it’s going to crash to wherever it’s going to crash to,” she said.</p><p>The 25-year-old investor is one of a number of relatively young traders who are piling into speculative altcoins like dogecoin as the so-called joke asset mints millionaires and draws some concerns about a bubble forming in the nascent crypto complex.</p><p>Musk will host NBC’s late-night live television comedy sketch show, “Saturday Night Live,” this weekend and his coming appearance has already drawn&nbsp;cheers and jeers.</p><p>Musk has been one of the biggest cheerleaders for dogecoin and crypto broadly. The self-appointed “Technoking” of Tesla&nbsp;has been mostly using his massive social media following to pump up the price of doge,&nbsp;tweeting back on April 1&nbsp;that he would use his SpaceX rockets to put a physical Doge coin on the literal moon, echoing the social media goal of taking the coin’s price “to the moon.”</p><p>Beesetti said that she first got involved in dogecoin — she also invests in technology stocks and exchange-traded funds — at the prompting of Musk’s social-media missives from last summer.</p><p>She bought dogecoin when it was trading at 3/10ths of a penny and she kept dollar-cost averaging her position in the digital asset created in 2013 even as it hit around 1 cent last August.</p><p>Musk has become a rallying point for dogecoin holders on sites like Reddit and his coming appearance on “SNL” is a hotly anticipated moment inside and outside crypto markets, which had largely been centered on bitcoin&nbsp;and Ethereum&nbsp;,the two largest cryptos in the world.</p><p>Dogecoin has long held the reputation as a joke currency in the digital-asset realm but it is hard to deny that its surging value has gripped Main Street and Wall Street’s attention — at least momentarily.</p><p>Former “SNL” cast member and comedian David Spade on Thursday tweeted that he wondered if Musk’s appearance on the sketch show would equate to a 90-minute infomercial for doge, adding, perhaps tongue in cheek that he was buying dogecoin.</p><p>Oddsmakers at betting platformSportsBettingDime.com&nbsp;have established a number of prop bets about Musk’s appearance on “Saturday Night Live,” including which if any crypto he mentions first on the show.</p><p>Which cryptocurrency does Musk mention first:</p><p>1. Bitcoin: -200</p><p>2. Dogecoin: +600</p><p>3. FIELD: +450</p><p>4. Does Not Mention Bitcoin: +400</p><p>Beesetti said that she sold about $8,000 worth of dogecoin recently to buy a pair of Gucci shoes, an iPhone and upped her position in Ether thar runs on the Ethereum protocol but has otherwise been a steady holder of doge.</p><p>The investor wouldn’t offer specific figures but said that her holdings currently range from 50,000 to 100,000 dogecoin.</p><p>Perhaps unlike some investors in doge, she is under no illusion that it has utility but submits to the possibility that momentum could build in a parody asset to such an extent that it forges its own legitimacy.</p><p>“Doge doesn’t have intrinsic value,” Beesetti said. “The value becomes real if you and a collective group of people believe in it. And in this case, there are more groups and people than before who believe.”</p><p>That said, reality could hit meme coin holders hard come Sunday morning, at least one analyst said.</p><p>“Post-SNL, some crypto traders could abandon short-term&nbsp;Dogecoin&nbsp;bets once it becomes clear that it is not skyrocketing to the moon or at the heavily eyed $1 level,” wrote Edward Moya, senior market analyst at Oanda, in a research note.</p><p>The analyst also notes that strong conviction of dogecoin investors,known as hodlers in the crypto world, could defy logic and keep prices buoyant.</p><p>“The retail-army of traders that have been committed to Doge might remain stubbornly hodlers, so we shouldn’t be surprised if a sell the event reaction does not happen,” the Oanda strategist said.</p><p>How it all plays out for dogecoin is anyone’s guess.</p><p>“It’s just a meme currency but sometimes the most entertaining outcome becomes the reality,” Beesetti said.</p><p>That meme currency has enjoyed a spectacular ride compared against most other assets. Gold futures&nbsp;are down 3% so far this year, the Dow Jones Industrial Average&nbsp;and the S&amp;P 500 index&nbsp;are up by nearly 13% in 2021, while the Nasdaq Composite Index&nbsp;has gained about over 6% so far this year.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’</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\">\nDogecoin price’s ‘make-or-break’ moment looms with Elon Musk set to host ‘Saturday Night Live’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 10:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/a-total-make-or-break-for-dogecoin-says-one-crypto-investor-as-elon-musk-prepares-to-host-saturday-night-live-11620413674?mod=associated-press><strong>Marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue University with proceeds from the sale of a single bitcoin that she bought on a whim, which had surged...</p>\n\n<a href=\"https://www.marketwatch.com/story/a-total-make-or-break-for-dogecoin-says-one-crypto-investor-as-elon-musk-prepares-to-host-saturday-night-live-11620413674?mod=associated-press\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.marketwatch.com/story/a-total-make-or-break-for-dogecoin-says-one-crypto-investor-as-elon-musk-prepares-to-host-saturday-night-live-11620413674?mod=associated-press","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160802774","content_text":"Nikki Beesetti started investing in crypto back in 2017 and paid off her final semester at Purdue University with proceeds from the sale of a single bitcoin that she bought on a whim, which had surged to nearly $20,000.Now, the product manager for a startup in New York is dabbling in dogecoin ,and sees this weekend as a possible make-or-break moment for the parody coin that has seen a stratospheric, nearly 13,000% rise in 2021.“This Saturday is going to be a total make-or-break for dogecoin,” Beesetti told MarketWatch in a phone interview.“If he can really get the messaging right, dogecoin can really take off…or it’s going to crash to wherever it’s going to crash to,” she said.The 25-year-old investor is one of a number of relatively young traders who are piling into speculative altcoins like dogecoin as the so-called joke asset mints millionaires and draws some concerns about a bubble forming in the nascent crypto complex.Musk will host NBC’s late-night live television comedy sketch show, “Saturday Night Live,” this weekend and his coming appearance has already drawn cheers and jeers.Musk has been one of the biggest cheerleaders for dogecoin and crypto broadly. The self-appointed “Technoking” of Tesla has been mostly using his massive social media following to pump up the price of doge, tweeting back on April 1 that he would use his SpaceX rockets to put a physical Doge coin on the literal moon, echoing the social media goal of taking the coin’s price “to the moon.”Beesetti said that she first got involved in dogecoin — she also invests in technology stocks and exchange-traded funds — at the prompting of Musk’s social-media missives from last summer.She bought dogecoin when it was trading at 3/10ths of a penny and she kept dollar-cost averaging her position in the digital asset created in 2013 even as it hit around 1 cent last August.Musk has become a rallying point for dogecoin holders on sites like Reddit and his coming appearance on “SNL” is a hotly anticipated moment inside and outside crypto markets, which had largely been centered on bitcoin and Ethereum ,the two largest cryptos in the world.Dogecoin has long held the reputation as a joke currency in the digital-asset realm but it is hard to deny that its surging value has gripped Main Street and Wall Street’s attention — at least momentarily.Former “SNL” cast member and comedian David Spade on Thursday tweeted that he wondered if Musk’s appearance on the sketch show would equate to a 90-minute infomercial for doge, adding, perhaps tongue in cheek that he was buying dogecoin.Oddsmakers at betting platformSportsBettingDime.com have established a number of prop bets about Musk’s appearance on “Saturday Night Live,” including which if any crypto he mentions first on the show.Which cryptocurrency does Musk mention first:1. Bitcoin: -2002. Dogecoin: +6003. FIELD: +4504. Does Not Mention Bitcoin: +400Beesetti said that she sold about $8,000 worth of dogecoin recently to buy a pair of Gucci shoes, an iPhone and upped her position in Ether thar runs on the Ethereum protocol but has otherwise been a steady holder of doge.The investor wouldn’t offer specific figures but said that her holdings currently range from 50,000 to 100,000 dogecoin.Perhaps unlike some investors in doge, she is under no illusion that it has utility but submits to the possibility that momentum could build in a parody asset to such an extent that it forges its own legitimacy.“Doge doesn’t have intrinsic value,” Beesetti said. “The value becomes real if you and a collective group of people believe in it. And in this case, there are more groups and people than before who believe.”That said, reality could hit meme coin holders hard come Sunday morning, at least one analyst said.“Post-SNL, some crypto traders could abandon short-term Dogecoin bets once it becomes clear that it is not skyrocketing to the moon or at the heavily eyed $1 level,” wrote Edward Moya, senior market analyst at Oanda, in a research note.The analyst also notes that strong conviction of dogecoin investors,known as hodlers in the crypto world, could defy logic and keep prices buoyant.“The retail-army of traders that have been committed to Doge might remain stubbornly hodlers, so we shouldn’t be surprised if a sell the event reaction does not happen,” the Oanda strategist said.How it all plays out for dogecoin is anyone’s guess.“It’s just a meme currency but sometimes the most entertaining outcome becomes the reality,” Beesetti said.That meme currency has enjoyed a spectacular ride compared against most other assets. Gold futures are down 3% so far this year, the Dow Jones Industrial Average and the S&P 500 index are up by nearly 13% in 2021, while the Nasdaq Composite Index has gained about over 6% so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101049461,"gmtCreate":1619832936653,"gmtModify":1631884484248,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Nasdaq looking weak...","listText":"Nasdaq looking weak...","text":"Nasdaq looking weak...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/101049461","repostId":"1186088353","repostType":4,"repost":{"id":"1186088353","kind":"news","pubTimestamp":1619795143,"share":"https://www.laohu8.com/m/news/1186088353?lang=&edition=full","pubTime":"2021-04-30 23:05","market":"us","language":"en","title":"Stocks Decline Amid Earnings, Economic Reports: Markets Wrap","url":"https://stock-news.laohu8.com/highlight/detail?id=1186088353","media":"Yahoo","summary":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing ","content":"<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.</p><p>The S&amp;P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.</p><p>Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No Exception</p><p>Data Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.</p><p>With the S&amp;P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase &amp; Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&amp;P 500, citing a “red-hot economy fueling earnings.”</p><p>“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”</p><p>Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&amp;P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.</p><p>“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.</p><p>These are some of the main moves in markets:</p><p>Stocks</p><p>The S&amp;P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%</p><p>Currencies</p><p>The Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollar</p><p>Bonds</p><p>The yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%</p><p>Commodities</p><p>West Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed</p>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stocks Decline Amid Earnings, Economic Reports: Markets Wrap</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\">\nStocks Decline Amid Earnings, Economic Reports: Markets Wrap\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-30 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. ...</p>\n\n<a href=\"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/asia-stocks-point-lower-gdp-215835535.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186088353","content_text":"Stocks dropped from all-time highs as traders assessed corporate earnings and economic data showing potential inflation pressures. The dollar rose.The S&P 500 pared its monthly gains. Twitter Inc. sank as the social media company posted a sluggish start to the year in its advertising business, while Amazon.com Inc. rallied on a jump in sales. Despite living up to Wall Street’s profit expectations, Chevron Corp. slid after disappointing investors who were anticipating a revival of buybacks.Read: Big Oil Is Boosting ETF Returns and ESG Funds Are No ExceptionData Friday showed U.S. personal incomes soared in March by the most in monthly records back to 1946, powered by a third round of pandemic-relief checks. A key measure of consumer prices, known as the personal consumption expenditure price index, that the Federal Reserve officially uses for its target rose 2.3% in March from a year earlier, the biggest gain since 2018. Meanwhile, a gauge of consumer sentiment continued to strengthen in late April.With the S&P 500 poised to end the first four months of 2021 with a rally of more than 10%, the adage of “sell in May and go away” may be on many investors’ minds. However, JPMorgan Chase & Co. strategists urged traders to get ready for a revival of the reflation trade as the economic reopening gathers pace in coming months. Credit Suisse Group AG’s Jonathan Golub raised his year-end forecast for the S&P 500, citing a “red-hot economy fueling earnings.”“Are we at a point where there’s further upside to the market or are we at a point where we need to think about the cadence of returns going forward being more narrow or smaller?” said Ralph Bassett, head of North American equities at Aberdeen Standard Investments. “The setup is very good, but with multiples where they are, the upside risks are just really becoming less likely at this stage.”Technology stocks are poised to gain support from relatively stable yields for U.S. inflation-indexed debt, according to Andrew Garthwaite, a global strategist at Credit Suisse Group AG. He compared a relative-strength gauge for the group with the yield on 10-year Treasury Inflation Protected Securities, or TIPS, in a report Thursday. The S&P 500 Information Technology Index’s ratio to the benchmark gauge of American equities set this year’s low in March, and then climbed as demand for the debt caused yields to fall.“We do not expect a meaningful rise in the TIPS yield,” Garthwaite wrote, citing U.S. monetary policy and other influences.These are some of the main moves in markets:StocksThe S&P 500 fell 0.4% as of 10:34 a.m. New York timeThe Nasdaq 100 was little changedThe Dow Jones Industrial Average fell 0.4%The Stoxx Europe 600 was little changedThe MSCI World index fell 0.5%CurrenciesThe Bloomberg Dollar Spot Index rose 0.4%The euro fell 0.4% to $1.2072The British pound fell 0.6% to $1.3863The Japanese yen fell 0.1% to 109.06 per dollarBondsThe yield on 10-year Treasuries was little changed at 1.63%Germany’s 10-year yield declined one basis point to -0.21%Britain’s 10-year yield was little changed at 0.83%CommoditiesWest Texas Intermediate crude fell 2.1% to $64 a barrelGold futures were little changed","news_type":1},"isVote":1,"tweetType":1,"viewCount":502,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100368500,"gmtCreate":1619581896300,"gmtModify":1634211572226,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Bull run losing steam?","listText":"Bull run losing steam?","text":"Bull run losing steam?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/100368500","repostId":"1124091974","repostType":4,"repost":{"id":"1124091974","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1619567579,"share":"https://www.laohu8.com/m/news/1124091974?lang=&edition=full","pubTime":"2021-04-28 07:52","market":"us","language":"en","title":"S&P 500 closes flat near a record high ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=1124091974","media":"Tiger Newspress","summary":"The S&P 500 closed little changed near its record level on Tuesday as investors braced for a big bat","content":"<p>The S&amp;P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings.</p><p>The broad equity benchmark ended the day less than 0.1% lower at 4,186.72 after hitting a record high in the previous session. The Dow Jones Industrial Average also closed flat at 33,984.93. The tech-heavy Nasdaq Composite slid 0.3% to 14,090.22.</p><p>Shares of&nbsp;Tesla&nbsp;fell 4.5% even after the electric carmaker posted&nbsp;record net income of $438 million.Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 20% from their record. The stock is still up more than 300% over the last 12 months.</p><p>UPS shares soared more than 10% after earnings blew past Wall Street estimates. The company said first-quarter revenue was up 27%.</p><p>The first-quarter earnings season kicked into high gear this week with key megacap tech companies such as Alphabet, Microsoft and AMD reporting after the bell Tuesday. Apple and Facebook earnings follow on Wednesday after the bell.</p><p>“Despite the fact that expectations are high, I believe that we are going to see the FANG stocks deliver and I think that’s the catalyst to continue the trajectory of the S&amp;P 500 to new all-time highs,” said Jeff Kilburg, chief investment officer at Sanctuary Wealth. “That’s the paramount focus of the week.”</p><p>So far, with about a third of the S&amp;P 500 having reported numbers, 84% of companies have turned in a positive earnings surprise, according to FactSet. However, stock moves have been relatively muted following the strong results with the market standing at record levels with high valuations.</p><p>On the data front, home prices in February registered&nbsp;the biggest gain in 15 years,rising 12% year over year and up from 11.2% in January, according to the S&amp;P CoreLogic Case-Shiller home price index.</p><p>Meanwhile, consumer confidence climbed sharply to hit a pandemic high with The Conference Board’s index jumping to 121.7, the highest since February 2020.</p><p>GameStop’s&nbsp;stock jumped more than 5% after the video game retailer&nbsp;said&nbsp;it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation.</p><p>“Strong breadth measures suggest stocks still may have more upside,” said Jeff Buchbinder, equity strategist at LPL Financial. “While valuations are elevated, they still appear reasonable when factoring in interest rates and inflation.”</p><p>The Federal Reserve kicked off its two-day policy meeting Tuesday. The central bank is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.</p><p>The latest CNBC Fed Survey&nbsp;sees the central bank staying on hold and keeping its asset-buying program in place at the same levels&nbsp;for the rest of 2021, despite growing concerns about an overheating economy.</p><p><b>Big Tech earnings</b></p><p><a href=\"https://laohu8.com/NW/1157918353\" target=\"_blank\">Microsoft sales grow on cloud strength, shares dip on heightened valuation</a></p><p><a href=\"https://laohu8.com/NW/2130373930\" target=\"_blank\">Google Shares Rise On Revenue And Earnings Beat, $50B Buyback</a></p><p><a href=\"https://laohu8.com/NW/1187199105\" target=\"_blank\">AMD stock rises after earnings show data-center sales more than doubling</a></p><p><a href=\"https://laohu8.com/NW/2130731473\" target=\"_blank\">Pinterest shares sink as easing of pandemic restrictions weighs on user growth</a></p><p><a href=\"https://laohu8.com/NW/2130137370\" target=\"_blank\">Texas Instruments Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2130769373\" target=\"_blank\">Starbucks sales miss estimates, shares drop despite rosier forecast</a></p><p><a href=\"https://laohu8.com/NW/2130606373\" target=\"_blank\">Visa stock gains after earnings beat, return to growth for credit transactions</a></p><p><a href=\"https://laohu8.com/NW/2130733443\" target=\"_blank\">Illumina Q1 EPS $1.89 Beats $1.38 Estimate, Sales $1.09B Beat $995.85M Estimate</a></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P 500 closes flat near a record high ahead</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P 500 closes flat near a record high ahead\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\">2021-04-28 07:52</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The S&amp;P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings.</p><p>The broad equity benchmark ended the day less than 0.1% lower at 4,186.72 after hitting a record high in the previous session. The Dow Jones Industrial Average also closed flat at 33,984.93. The tech-heavy Nasdaq Composite slid 0.3% to 14,090.22.</p><p>Shares of&nbsp;Tesla&nbsp;fell 4.5% even after the electric carmaker posted&nbsp;record net income of $438 million.Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 20% from their record. The stock is still up more than 300% over the last 12 months.</p><p>UPS shares soared more than 10% after earnings blew past Wall Street estimates. The company said first-quarter revenue was up 27%.</p><p>The first-quarter earnings season kicked into high gear this week with key megacap tech companies such as Alphabet, Microsoft and AMD reporting after the bell Tuesday. Apple and Facebook earnings follow on Wednesday after the bell.</p><p>“Despite the fact that expectations are high, I believe that we are going to see the FANG stocks deliver and I think that’s the catalyst to continue the trajectory of the S&amp;P 500 to new all-time highs,” said Jeff Kilburg, chief investment officer at Sanctuary Wealth. “That’s the paramount focus of the week.”</p><p>So far, with about a third of the S&amp;P 500 having reported numbers, 84% of companies have turned in a positive earnings surprise, according to FactSet. However, stock moves have been relatively muted following the strong results with the market standing at record levels with high valuations.</p><p>On the data front, home prices in February registered&nbsp;the biggest gain in 15 years,rising 12% year over year and up from 11.2% in January, according to the S&amp;P CoreLogic Case-Shiller home price index.</p><p>Meanwhile, consumer confidence climbed sharply to hit a pandemic high with The Conference Board’s index jumping to 121.7, the highest since February 2020.</p><p>GameStop’s&nbsp;stock jumped more than 5% after the video game retailer&nbsp;said&nbsp;it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation.</p><p>“Strong breadth measures suggest stocks still may have more upside,” said Jeff Buchbinder, equity strategist at LPL Financial. “While valuations are elevated, they still appear reasonable when factoring in interest rates and inflation.”</p><p>The Federal Reserve kicked off its two-day policy meeting Tuesday. The central bank is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.</p><p>The latest CNBC Fed Survey&nbsp;sees the central bank staying on hold and keeping its asset-buying program in place at the same levels&nbsp;for the rest of 2021, despite growing concerns about an overheating economy.</p><p><b>Big Tech earnings</b></p><p><a href=\"https://laohu8.com/NW/1157918353\" target=\"_blank\">Microsoft sales grow on cloud strength, shares dip on heightened valuation</a></p><p><a href=\"https://laohu8.com/NW/2130373930\" target=\"_blank\">Google Shares Rise On Revenue And Earnings Beat, $50B Buyback</a></p><p><a href=\"https://laohu8.com/NW/1187199105\" target=\"_blank\">AMD stock rises after earnings show data-center sales more than doubling</a></p><p><a href=\"https://laohu8.com/NW/2130731473\" target=\"_blank\">Pinterest shares sink as easing of pandemic restrictions weighs on user growth</a></p><p><a href=\"https://laohu8.com/NW/2130137370\" target=\"_blank\">Texas Instruments Surpasses Q1 Earnings and Revenue Estimates</a></p><p><a href=\"https://laohu8.com/NW/2130769373\" target=\"_blank\">Starbucks sales miss estimates, shares drop despite rosier forecast</a></p><p><a href=\"https://laohu8.com/NW/2130606373\" target=\"_blank\">Visa stock gains after earnings beat, return to growth for credit transactions</a></p><p><a href=\"https://laohu8.com/NW/2130733443\" target=\"_blank\">Illumina Q1 EPS $1.89 Beats $1.38 Estimate, Sales $1.09B Beat $995.85M Estimate</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOGL":"谷歌A","TSLA":"特斯拉","GOOG":"谷歌","GME":"游戏驿站",".SPX":"S&P 500 Index",".DJI":"道琼斯","UPS":"联合包裹","AMD":"美国超微公司",".IXIC":"NASDAQ Composite","MSFT":"微软","PINS":"Pinterest, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1124091974","content_text":"The S&P 500 closed little changed near its record level on Tuesday as investors braced for a big batch of tech earnings.The broad equity benchmark ended the day less than 0.1% lower at 4,186.72 after hitting a record high in the previous session. The Dow Jones Industrial Average also closed flat at 33,984.93. The tech-heavy Nasdaq Composite slid 0.3% to 14,090.22.Shares of Tesla fell 4.5% even after the electric carmaker posted record net income of $438 million.Tesla also beat Wall Street’s earnings and revenue expectations handily, boosted by sales of bitcoin and regulatory credits. The shares have struggled this year, off by more than 20% from their record. The stock is still up more than 300% over the last 12 months.UPS shares soared more than 10% after earnings blew past Wall Street estimates. The company said first-quarter revenue was up 27%.The first-quarter earnings season kicked into high gear this week with key megacap tech companies such as Alphabet, Microsoft and AMD reporting after the bell Tuesday. Apple and Facebook earnings follow on Wednesday after the bell.“Despite the fact that expectations are high, I believe that we are going to see the FANG stocks deliver and I think that’s the catalyst to continue the trajectory of the S&P 500 to new all-time highs,” said Jeff Kilburg, chief investment officer at Sanctuary Wealth. “That’s the paramount focus of the week.”So far, with about a third of the S&P 500 having reported numbers, 84% of companies have turned in a positive earnings surprise, according to FactSet. However, stock moves have been relatively muted following the strong results with the market standing at record levels with high valuations.On the data front, home prices in February registered the biggest gain in 15 years,rising 12% year over year and up from 11.2% in January, according to the S&P CoreLogic Case-Shiller home price index.Meanwhile, consumer confidence climbed sharply to hit a pandemic high with The Conference Board’s index jumping to 121.7, the highest since February 2020.GameStop’s stock jumped more than 5% after the video game retailer said it sold 3.5 million additional shares, raising $551 million to speed up the company’s e-commerce transformation.“Strong breadth measures suggest stocks still may have more upside,” said Jeff Buchbinder, equity strategist at LPL Financial. “While valuations are elevated, they still appear reasonable when factoring in interest rates and inflation.”The Federal Reserve kicked off its two-day policy meeting Tuesday. The central bank is not expected to take any action, but economists expect it to defend its policy to let inflation run hot.The latest CNBC Fed Survey sees the central bank staying on hold and keeping its asset-buying program in place at the same levels for the rest of 2021, despite growing concerns about an overheating economy.Big Tech earningsMicrosoft sales grow on cloud strength, shares dip on heightened valuationGoogle Shares Rise On Revenue And Earnings Beat, $50B BuybackAMD stock rises after earnings show data-center sales more than doublingPinterest shares sink as easing of pandemic restrictions weighs on user growthTexas Instruments Surpasses Q1 Earnings and Revenue EstimatesStarbucks sales miss estimates, shares drop despite rosier forecastVisa stock gains after earnings beat, return to growth for credit transactionsIllumina Q1 EPS $1.89 Beats $1.38 Estimate, Sales $1.09B Beat $995.85M Estimate","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166483850,"gmtCreate":1624022583270,"gmtModify":1631893563364,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Shopping still popular.","listText":"Shopping still popular.","text":"Shopping still popular.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/166483850","repostId":"1140699063","repostType":4,"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":182882796,"gmtCreate":1623562992715,"gmtModify":1631893563379,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Really muted.","listText":"Really muted.","text":"Really muted.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/182882796","repostId":"2142204074","repostType":4,"repost":{"id":"2142204074","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623441637,"share":"https://www.laohu8.com/m/news/2142204074?lang=&edition=full","pubTime":"2021-06-12 04:00","market":"us","language":"en","title":"S&P ekes out gains to close languid week","url":"https://stock-news.laohu8.com/highlight/detail?id=2142204074","media":"Reuters","summary":"NEW YORK, June 11  - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.Economically sensitive smallcaps and transports notched solid gains, outperforming the broader market.For the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.But th","content":"<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>S&P ekes out gains to close languid week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nS&P ekes out gains to close languid week\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-12 04:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 11 (Reuters) - The S&amp;P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.</p>\n<p>Economically sensitive smallcaps and transports&nbsp;notched solid gains, outperforming the broader market.</p>\n<p>For the week, the S&amp;P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.</p>\n<p>But the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.</p>\n<p>\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"</p>\n<p>\"So, investors are going to wait until earnings season.\"</p>\n<p>The Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.</p>\n<p>Investors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.</p>\n<p>\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.</p>\n<p>Benchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.</p>\n<p>The Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's</p>\n<p>Alzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.</p>\n<p>Biogen shares, along with the broader healthcare sector&nbsp;ended the session lower.</p>\n<p>Unofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&amp;P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite&nbsp;added 49.09 points, or 0.35%, to 14,069.42.</p>\n<p>Among the 11 major sectors in the S&amp;P 500, healthcare suffered the biggest percentage drop.</p>\n<p>Much of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.</p>\n<p>But meme stock moves were more muted on Friday, with AMC Entertainment outperforming.</p>\n<p>(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","UDOW":"道指三倍做多ETF-ProShares","DJX":"1/100道琼斯","UPRO":"三倍做多标普500ETF","SH":"标普500反向ETF","IVV":"标普500指数ETF","SDS":"两倍做空标普500ETF","DXD":"道指两倍做空ETF","QLD":"纳指两倍做多ETF","PSQ":"纳指反向ETF","SDOW":"道指三倍做空ETF-ProShares","SSO":"两倍做多标普500ETF","SPXU":"三倍做空标普500ETF",".DJI":"道琼斯","DDM":"道指两倍做多ETF","SQQQ":"纳指三倍做空ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","OEX":"标普100","DOG":"道指反向ETF","OEF":"标普100指数ETF-iShares","QQQ":"纳指100ETF","TQQQ":"纳指三倍做多ETF","QID":"纳指两倍做空ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142204074","content_text":"NEW YORK, June 11 (Reuters) - The S&P 500 closed nominally higher at the end of a torpid week marked with few market-moving catalysts and persistent concerns over whether current inflation spikes could linger and cause the U.S. Federal Reserve to tighten its dovish policy sooner than expected.\nEconomically sensitive smallcaps and transports notched solid gains, outperforming the broader market.\nFor the week, the S&P and the Nasdaq advanced from last Friday's close, while the Dow posted a weekly loss.\nBut the indexes have been range-bound, with few catalysts to move investor sentiment. Much of the focus centered on Thursday's consumer price data, which eased jitters over the duration of the current inflation wave.\n\"It’s a muted day today,\" Oliver Pursche, senior vice president at Wealthspire Advisors, in New York. \"The summer is settling in, people are slipping out of work early and there’s nothing in the news that’s going to materially drive the market in either direction.\"\n\"So, investors are going to wait until earnings season.\"\nThe Federal Reserve has repeatedly said that near-term price surges will not metastasize into lasting inflation, an assertion reflected in the University of Michigan's Consumer Sentiment report released on Friday, which showed inflation expectations easing from last month's spike.\nInvestors now turn their attention to the Fed's statement at the conclusion of next week's two-day monetary policy meeting, which will be parsed for clues regarding the central bank's timetable for raising key interest rates.\n\"Our view continues to be that inflationary data is transient and we will be around the 2% mark for the year,\" Pursche added.\nBenchmark U.S. Treasury yields posted their biggest weekly drop in nearly a year, weighing on the interest-sensitive financial sector in recent sessions.\nThe Food and Drug Administration is facing mounting criticism over its \"accelerated approval\" of Biogen Inc's\nAlzheimer's drug Aduhelm without strong evidence of its ability to combat the disease.\nBiogen shares, along with the broader healthcare sector ended the session lower.\nUnofficially, the Dow Jones Industrial Average rose 14.41 points, or 0.04%, to 34,480.65, the S&P 500 gained 8.29 points, or 0.20%, to 4,247.47 and the Nasdaq Composite added 49.09 points, or 0.35%, to 14,069.42.\nAmong the 11 major sectors in the S&P 500, healthcare suffered the biggest percentage drop.\nMuch of the trading volume this week was attributable to the ongoing social media-driven \"meme stock\" phenomenon, in which retail investors swarm around heavily shorted stocks.\nBut meme stock moves were more muted on Friday, with AMC Entertainment outperforming.\n(Reporting by Stephen Culp in New York Additional reporting by Ambar Warrick and Devik Jain in Bengaluru Editing by Matthew Lewis and Cynthia Osterman)","news_type":1},"isVote":1,"tweetType":1,"viewCount":42,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111759256,"gmtCreate":1622702298175,"gmtModify":1634098981004,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Market just waiting for data.","listText":"Market just waiting for data.","text":"Market just waiting for data.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/111759256","repostId":"1136885015","repostType":4,"repost":{"id":"1136885015","kind":"news","pubTimestamp":1622702122,"share":"https://www.laohu8.com/m/news/1136885015?lang=&edition=full","pubTime":"2021-06-03 14:35","market":"fut","language":"en","title":"U.S. Treasury yields mixed ahead of economic data","url":"https://stock-news.laohu8.com/highlight/detail?id=1136885015","media":"CNBC","summary":"KEY POINTS\n\nThere will be new employment figures at 8.15 a.m. ET and initial jobless claims are due ","content":"<div>\n<p>KEY POINTS\n\nThere will be new employment figures at 8.15 a.m. ET and initial jobless claims are due at 8.30 a.m. ET.\nFormer New York Fed President William Dudley said the recent surge in inflation ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/us-treasury-yields-mixed-ahead-of-economic-data-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Treasury yields mixed ahead of economic data</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\">\nU.S. Treasury yields mixed ahead of economic data\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-03 14:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/03/us-treasury-yields-mixed-ahead-of-economic-data-.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThere will be new employment figures at 8.15 a.m. ET and initial jobless claims are due at 8.30 a.m. ET.\nFormer New York Fed President William Dudley said the recent surge in inflation ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/03/us-treasury-yields-mixed-ahead-of-economic-data-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/06/03/us-treasury-yields-mixed-ahead-of-economic-data-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1136885015","content_text":"KEY POINTS\n\nThere will be new employment figures at 8.15 a.m. ET and initial jobless claims are due at 8.30 a.m. ET.\nFormer New York Fed President William Dudley said the recent surge in inflation numbers is transitory for now.\n\nU.S. bonds yields were mixed on Thursday morning as investors looked ahead to a upcoming economic data this week.\nThe yield on the benchmark 10-year Treasury note rose 10 points to 1.5926% by around 2 a.m. ET. The yield on the 30-year Treasury bond dipped 11 basis points to 2.2774%. Yields move inversely to prices.\n\nInvestors are monitoring inflation dynamics as the U.S. economy reopens. Speaking to CNBC on Wednesday, former New York Fed President William Dudley said the recent surge in inflation numbers is transitory for now, but it could become more persistent going forward.\nMeanwhile, the U.S. Federal Reserve said on Wednesday that U.S. businesses are struggling to find enough workers and are thus offering higher wages to lure them into work.\nThere will be new employment figures at 8.15 a.m. ET and initial jobless claims are due at 8.30 a.m. ET.\nElsewhere, Atlanta Fed President Raphael Bostic speaks at 12.30 p.m. ET and Dallas Fed President Robert Kaplan is addressing the Rice University Jones Graduate School of Business.","news_type":1},"isVote":1,"tweetType":1,"viewCount":125,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":119971839,"gmtCreate":1622516074021,"gmtModify":1634100901608,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Still green.","listText":"Still green.","text":"Still green.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/119971839","repostId":"1163643126","repostType":4,"isVote":1,"tweetType":1,"viewCount":117,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374709465,"gmtCreate":1619479779657,"gmtModify":1634273178281,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Like.","listText":"Like.","text":"Like.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/374709465","repostId":"1194765641","repostType":4,"repost":{"id":"1194765641","kind":"news","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1619450804,"share":"https://www.laohu8.com/m/news/1194765641?lang=&edition=full","pubTime":"2021-04-26 23:26","market":"us","language":"en","title":"Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194765641","media":"Investors","summary":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolv","content":"<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></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>Starbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?</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\">\nStarbucks Stock Reported Mixed Earnings Results, Is It A Buy Right Now?\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-04-26 23:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seattle-based<b>Starbucks</b>(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?</p>\n<p>Starbucks Earnings</p>\n<p>In themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.</p>\n<p>Starbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.</p>\n<p>According to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.</p>\n<p>Fundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.</p>\n<p>Starbucks Stock News</p>\n<p>On March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus.&nbsp;The moves came in the wake of the U.S. government's call for more social distancing.</p>\n<p>On April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"</p>\n<p>In late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.</p>\n<p>On May 4, the&nbsp;the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.</p>\n<p>In a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.</p>\n<p>Starbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.</p>\n<p>Is Starbucks Stock A Buy Right Now?</p>\n<p>During the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.</p>\n<p>Starbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.</p>\n<p>For more leading stocks and stocks approaching buy points, check out these&nbsp;IBD Stock Lists, like the&nbsp;Stocks Near A Buy Zone.&nbsp;To see the current stock market trend, check out IBD's signature daily analysis,&nbsp;The Big Picture.</p>\n<p><i>Follow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.</i></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SBUX":"星巴克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194765641","content_text":"Seattle-basedStarbucks(SBUX) emerged as a coffeehouse giant in the 1990s with a meteoric rise, evolving from a local concept into a global brand. Amid the current stock market rally, is Starbucks stocka buy?\nStarbucks Earnings\nIn themost recent quarter— reported on Jan. 26 — Starbucks reported mixed fiscal Q1 results and gave weak Q2 views despite a forecast for China same-store sales to nearly double.\nStarbucks reported EPS of 61 cents on revenue of $6.75 billion. Wall Street expected Starbucks earnings per share to fall 30% to 55 cents, according to Zacks Investment Research. Revenue was seen tilting 3% lower to $6.87 billion.\nAccording to theIBD Stock Checkup,Starbucksstock has a weak 37 out of a highest-possible 99 IBD Composite Rating. TheComposite Ratingis designed to help investors easily measure a stock's fundamental and technical characteristics.\nFundamentally, the company boasts a deteriorating track record of earnings growth, resulting in a 33 (out of a best-possible 99) EPS Rating. TheEPS Ratingmeasures a company's current quarterly earnings and annual earnings growth.\nStarbucks Stock News\nOn March 15, amid the spreading coronavirus outbreak,Starbucks movedinto a \"to-go\" model for its stores in the U.S. and Canada for at least two weeks. Starbucks also said some of its stores in \"high-social gathering\" areas will be shuttered to help prevent the spread of the virus. The moves came in the wake of the U.S. government's call for more social distancing.\nOn April 16, Starbucksannounced plans to reopenstores that closed during the coronavirus outbreak. In a letter to employees, CEO Kevin Johnson said, \"As we have experienced in China, we are now transitioning to a new phase that can best be described as 'monitor and adapt.\"\nIn late April, the company said it would start reopening U.S. stores as soon as early May, with plans to have around 90% of company-run locations open by early June with modified hours and more safety measures, but management said \"routines may look a little bit different\" even for its most loyal customers.\nOn May 4, the the coffee giant said it plans to reopen more than 85% of its U.S. corporate stores by end of this week. Dine-in services will remain closed for the time being.\nIn a letter to employees on May 21, CEO Kevin Johnson said the company has reclaimed about 60% to 65% of its U.S. same-store sales over the last week, vs. the same period a year ago.\nStarbucks CFO Patrick Grismer, during a conference in September, said the coffee giant was on track to reach positive same-store sales in the U.S. by the end of its fiscal second quarter.\nIs Starbucks Stock A Buy Right Now?\nDuring the coronavirus stock market crash, Starbucks shares fell nearly 50% off their 52-week high. After a sharp rally, the stock hit all-time highs on Jan. 4 before backing off. Starbucks is trying to break out above a 108.85 buy point in a new flat base, according toMarketSmithchart analysis. The 5% buy zone goes up to 114.29.\nStarbucks stock tumbled nearly 2% Monday despite a price-target hike at Stifel Nicolaus. The analyst firm raised its price target from 115 to 125. The stock remains out of buy range. So, Starbucks is no longer a potential buy right now since it's out of buy range. Meanwhile, a lack of strong fundamentals could be a deterrent to growth investors.\nFor more leading stocks and stocks approaching buy points, check out these IBD Stock Lists, like the Stocks Near A Buy Zone. To see the current stock market trend, check out IBD's signature daily analysis, The Big Picture.\nFollow Scott Lehtonen on Twitter at @IBD_SLehtonen for more on stock market analysis and insight.","news_type":1},"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183816819,"gmtCreate":1623320834831,"gmtModify":1634034618514,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Still super bullish...","listText":"Still super bullish...","text":"Still super bullish...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/183816819","repostId":"2142938292","repostType":4,"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114110560,"gmtCreate":1623056502350,"gmtModify":1634095790772,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Exciting times.","listText":"Exciting times.","text":"Exciting times.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/114110560","repostId":"1184606456","repostType":4,"isVote":1,"tweetType":1,"viewCount":411,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195270087,"gmtCreate":1621299297249,"gmtModify":1634192682507,"author":{"id":"3582063611426818","authorId":"3582063611426818","name":"ditti","avatar":"https://static.tigerbbs.com/2566ca38eea90f53931296c3d19d66e5","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582063611426818","authorIdStr":"3582063611426818"},"themes":[],"htmlText":"Going to be similar to last week?","listText":"Going to be similar to last week?","text":"Going to be similar to last week?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195270087","repostId":"2136295438","repostType":4,"repost":{"id":"2136295438","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621286069,"share":"https://www.laohu8.com/m/news/2136295438?lang=&edition=full","pubTime":"2021-05-18 05:14","market":"us","language":"en","title":"Wall St ends lower, pulled down by tech stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2136295438","media":"Reuters","summary":"* Discovery down after deal to merge with AT&T's media unit* Indexes down: Dow 0.16%, S&P 0.25%, Nas","content":"<p>* Discovery down after deal to merge with AT&amp;T's media unit</p><p>* Indexes down: Dow 0.16%, S&amp;P 0.25%, Nasdaq 0.38%</p><p>May 17 (Reuters) - Wall Street ended lower on Monday, weighed down by tech shares as signs of growing inflation worried investors about the potential for tighter monetary policy.</p><p>Of the 11 major S&amp;P sectors that declined, technology, utilities    and communication services&nbsp;were the biggest losers, each down between 0.7% and 0.9%.</p><p>\"What is causing the decline, no surprise to anybody, is the worry about inflation and interest rates,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.</p><p>\"As a result that's causing the growth group, in particular technology and consumer discretionary stocks, to experience weakness, while some of the more value-oriented groups are holding up a bit better.\"</p><p>The S&amp;P 500 scored its biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day jump in more than a month on Friday as investors picked up beaten-down stocks following a pullback earlier in the week on worries about inflation and a sooner-than-expected tightening by the U.S. Federal Reserve.</p><p>The Dow Jones Industrial Average  fell 56.34 points, or 0.16%, to 34,326.01; the S&amp;P 500    lost 10.56 points, or 0.25%, at 4,163.43; and the Nasdaq Composite    dropped 50.93 points, or 0.38%, to 13,379.05.</p><p>Earnings this week will be scrutinized for clues on whether rising prices had any impact on consumer demand and if retailers can sustain their strong earnings momentum.</p><p>Cryptocurrency-related stocks like Marathon Digital, Riot Blockchain    and Coinbase    fell between 3% and 7% as bitcoin swung in volatile trading after Tesla Inc    boss Elon Musk tweeted about the carmaker's bitcoin holdings.</p><p>With the earnings season at its tail end, overall earnings for S&amp;P 500 companies are expected to have climbed 50.6% from a year ago, according to Refinitiv IBES, the strongest pace in 11 years.</p><p>AT&amp;T Inc, owner of HBO and Warner Bros studios, and Discovery Inc   , home to lifestyle TV networks such as HGTV and TLC, said on Monday they will combine their content assets to create a standalone global entertainment and media business. AT&amp;T shares declined 2.69%, while Discovery fell about 5.04%.</p><p>Volume on U.S. exchanges was 9.8 billion shares, compared with the 10.5 billion average over the last 20 trading days.</p><p>On the Nasdaq 100 the largest gainer was Trip.Com Group Ltd, which rose 3.8%, while the largest decliner was Comcast Corp, down 5.5%.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.13-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 38 new 52-week highs and no new lows; the Nasdaq Composite recorded 110 new highs and 63 new lows.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall St ends lower, pulled down by tech stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall St ends lower, pulled down by tech stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-18 05:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Discovery down after deal to merge with AT&amp;T's media unit</p><p>* Indexes down: Dow 0.16%, S&amp;P 0.25%, Nasdaq 0.38%</p><p>May 17 (Reuters) - Wall Street ended lower on Monday, weighed down by tech shares as signs of growing inflation worried investors about the potential for tighter monetary policy.</p><p>Of the 11 major S&amp;P sectors that declined, technology, utilities    and communication services&nbsp;were the biggest losers, each down between 0.7% and 0.9%.</p><p>\"What is causing the decline, no surprise to anybody, is the worry about inflation and interest rates,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.</p><p>\"As a result that's causing the growth group, in particular technology and consumer discretionary stocks, to experience weakness, while some of the more value-oriented groups are holding up a bit better.\"</p><p>The S&amp;P 500 scored its biggest <a href=\"https://laohu8.com/S/AONE\">one</a>-day jump in more than a month on Friday as investors picked up beaten-down stocks following a pullback earlier in the week on worries about inflation and a sooner-than-expected tightening by the U.S. Federal Reserve.</p><p>The Dow Jones Industrial Average  fell 56.34 points, or 0.16%, to 34,326.01; the S&amp;P 500    lost 10.56 points, or 0.25%, at 4,163.43; and the Nasdaq Composite    dropped 50.93 points, or 0.38%, to 13,379.05.</p><p>Earnings this week will be scrutinized for clues on whether rising prices had any impact on consumer demand and if retailers can sustain their strong earnings momentum.</p><p>Cryptocurrency-related stocks like Marathon Digital, Riot Blockchain    and Coinbase    fell between 3% and 7% as bitcoin swung in volatile trading after Tesla Inc    boss Elon Musk tweeted about the carmaker's bitcoin holdings.</p><p>With the earnings season at its tail end, overall earnings for S&amp;P 500 companies are expected to have climbed 50.6% from a year ago, according to Refinitiv IBES, the strongest pace in 11 years.</p><p>AT&amp;T Inc, owner of HBO and Warner Bros studios, and Discovery Inc   , home to lifestyle TV networks such as HGTV and TLC, said on Monday they will combine their content assets to create a standalone global entertainment and media business. AT&amp;T shares declined 2.69%, while Discovery fell about 5.04%.</p><p>Volume on U.S. exchanges was 9.8 billion shares, compared with the 10.5 billion average over the last 20 trading days.</p><p>On the Nasdaq 100 the largest gainer was Trip.Com Group Ltd, which rose 3.8%, while the largest decliner was Comcast Corp, down 5.5%.</p><p>Advancing issues outnumbered decliners on the NYSE by a 1.13-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 38 new 52-week highs and no new lows; the Nasdaq Composite recorded 110 new highs and 63 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2136295438","content_text":"* Discovery down after deal to merge with AT&T's media unit* Indexes down: Dow 0.16%, S&P 0.25%, Nasdaq 0.38%May 17 (Reuters) - Wall Street ended lower on Monday, weighed down by tech shares as signs of growing inflation worried investors about the potential for tighter monetary policy.Of the 11 major S&P sectors that declined, technology, utilities    and communication services were the biggest losers, each down between 0.7% and 0.9%.\"What is causing the decline, no surprise to anybody, is the worry about inflation and interest rates,\" said Sam Stovall, chief investment strategist at CFRA Research in New York.\"As a result that's causing the growth group, in particular technology and consumer discretionary stocks, to experience weakness, while some of the more value-oriented groups are holding up a bit better.\"The S&P 500 scored its biggest one-day jump in more than a month on Friday as investors picked up beaten-down stocks following a pullback earlier in the week on worries about inflation and a sooner-than-expected tightening by the U.S. Federal Reserve.The Dow Jones Industrial Average  fell 56.34 points, or 0.16%, to 34,326.01; the S&P 500    lost 10.56 points, or 0.25%, at 4,163.43; and the Nasdaq Composite    dropped 50.93 points, or 0.38%, to 13,379.05.Earnings this week will be scrutinized for clues on whether rising prices had any impact on consumer demand and if retailers can sustain their strong earnings momentum.Cryptocurrency-related stocks like Marathon Digital, Riot Blockchain    and Coinbase    fell between 3% and 7% as bitcoin swung in volatile trading after Tesla Inc    boss Elon Musk tweeted about the carmaker's bitcoin holdings.With the earnings season at its tail end, overall earnings for S&P 500 companies are expected to have climbed 50.6% from a year ago, according to Refinitiv IBES, the strongest pace in 11 years.AT&T Inc, owner of HBO and Warner Bros studios, and Discovery Inc   , home to lifestyle TV networks such as HGTV and TLC, said on Monday they will combine their content assets to create a standalone global entertainment and media business. AT&T shares declined 2.69%, while Discovery fell about 5.04%.Volume on U.S. exchanges was 9.8 billion shares, compared with the 10.5 billion average over the last 20 trading days.On the Nasdaq 100 the largest gainer was Trip.Com Group Ltd, which rose 3.8%, while the largest decliner was Comcast Corp, down 5.5%.Advancing issues outnumbered decliners on the NYSE by a 1.13-to-1 ratio; on Nasdaq, a 1.06-to-1 ratio favored advancers.The S&P 500 posted 38 new 52-week highs and no new lows; the Nasdaq Composite recorded 110 new highs and 63 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":855,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}